A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
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Market Notes: It's a busy Thursday morning so let's get to it. Oil continues to move upwards, 7 of 10 stocks on my watchlist are oil-related plays. The price is still too low for a healthy economy but optimism is emerging. Several companies are showing promising COVID-19 treatments GILD is the big name but smaller names are on the move too, I have 2 on my list below. Bitcoin is surging as the next supply cut is now less than 2 weeks away, I'm a buyer only if it can break the $10,500 level. The unemployment report will come out premarket today. The projections don't matter so I ignore them. It will be in the millions but the stock market doesn't care. Bulls are firmly in charge as markets are now only 10% off their record highs. I see no reason for a trend reversal today. As always I'll wait for the price action to confirm I'm right and I am always willing to be wrong. Watchlist: CAPR is a low float, COVID-19 play, had a massive short squeeze yesterday, watching for a continuation today. UAVS is a low float, contract winner, on the move this morning, I could take a position at the open with the right risk/reward setup. GLOP is a lowish float oil play, watching for a setup above $7.42 CMRX is a COVID-19 play, resistance at $2.80 SLCA is an oil play, resistance at $2.60 MRC is an oil play earnings winner, resistance at $6 NEX oil play with resistance at $2.65 OVV oil play with support in the $5.30 area PE oil play watching for a continuation above yesterday's highs KOS oil play with resistance at $1.50 I live-tweet all my trades '@tradingforkeeps screen sharing on Twitch tradingforkeeps Yesterday had success on NEON, MTDR, & PE
I recently got a job with a bitcoin company and I'm worried its a scam. My job is as a customer support agent and all I do is move money that they send through to me to the customer's bitcoin account. However, I feel a little unsettled by the sheer amounts of money I will be receiving into my account. How do I know if this is illegal? What's the worst that could happen?
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