Re: Thoughts on BTC price and Futures for DEC-JAN
The Volume in the link above posted by duffrageous is the 24hr vol. Yesterday it said 1,400+.... The high and low is 24hr high and low. Settlement is what CBOE sets the 24hr price at based on 24hr high and low.. They symbol XBT/F8: XBT = Bitcoin futures and F8 = month of January. I asked around yesterday and was told that its possible to set up a Ameritrade account and put in that symbol to see the total volume of long and short positions for XBT/F8.
The way the price of Alt-coins is looking right now it'd be a good idea to set up a Ameritrade account anyway to buy some Nvidia and AMD stock... NASDAQ: NVDA NASDAQ: AMD Soon Graphic cards will be impossible to get... There is a 1 card limit on Newegg now... which means Nvidia and AMD will be bankin' again in 2018... Also Nvidia came out with a $3,000 GPU called the Titan V. Here is a link: https://www.nvidia.com/en-us/titan/titan-v/
It show cases their new Volta technology.... This is just a prediction but I think its possible that Nvidia will start or already has people working on drivers for Crypto mining (AMD already did this). Combine a blockchain driver with that Titan V and you might have something as good as a ASIC for mining....
AMD came out with a blockchain driver and the VEGA 54 & 64 GPU (VEGA 64 = $650.... The VEGA 64 gets 2,000+ hashes per second on the Cryptonite algo (Monero)... While my $500 Nvidia GTX 1070's gets 700 hashes per second on the same algo.... AMD stock is still cheap right now compared to Nvidia.
Last edited by nate; 12-14-2017 at 09:40 AM.
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