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An Options Trader Weighs In On Bitcoin and US Markets

Cory
December 18, 2017

Adam Mesh, CEO and Founder of Adam Mesh Trading joins me on the show again but this time to get his thoughts on the historic rise in Bitcoin this year. We address the bullish and bearish comments as well as how Bitcoin can be used to speculate on other cryptocurrencies.

Click here to visit Adam’s site and get his free options or Bitcoin reports.

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Discussion
45 Comments
    Dec 18, 2017 18:59 PM

    Hedge Funds dump gold for bitcoin……………..
    http://www.zerohedge.com/news/2017-12-18/hedge-funds-abandon-gold-chase-bitcoin

    CFS
    Dec 18, 2017 18:55 PM

    The speed of advancement is great.
    Bitcoin was first generation crypto and has first mover advantage.
    Ethereum was second generation.
    Cardano is probably third generation.

    However, Bitcoin is relatively slow and expensive to use…….technology moves on.

    The future? One word. Get with its applications……already revolutionizing credit union ledgers.
    Hashgraph.

    CFS
    Dec 18, 2017 18:30 PM

    Skeena Secures Option to Acquire Eskay Creek & Announces Strategic Investment from Barrick

    NR: 17-23
    Vancouver, BC (December 18, 2017) Skeena Resources Limited (TSX.V: SKE) (“Skeena” or the “Company”) is pleased to announce the signing of an agreement with Barrick Gold Inc. (“Barrick”), granting an option (the “Option”) for the Company to acquire a 100% interest in the past-producing Eskay Creek property (“Eskay” or the “Property”) located in the Golden Triangle of northwest British Columbia. Barrick Gold Corporation will also complete a strategic investment with the Company for gross proceeds of C$1 million.

    CFS
    Dec 18, 2017 18:14 PM

    I’m not aware of any yet.

    CFS
    Dec 19, 2017 19:17 AM

    Off Topic:
    GOP Tax Bill.
    I believe the new tax bill STINKS.
    Why? It is still full of corrupt loopholes for cronies and corporations.
    It is dirty.
    Why?
    Because most of the tax reduction via rates SUNSET in a few years, but the quid pro quo, the loss of deductions in state and local taxes, mortgage interest deductions for individuals, do NOT sunset.

      Dec 19, 2017 19:34 AM

      Some politicians are getting some real tax breaks, as we noted yesterday.
      CAN ANYONE SAY >>>>>>>>>>>>TERM LIMITS……..

    Dec 19, 2017 19:24 AM

    Gold May Not Be Bitcoin, But Miners Can Still Make You Money

    By Aoyon Ashraf – December 18, 2017

    “Gold and silver prices haven’t had the best year when compared to industrial metals, and the outlook for next year looks muted at best.”

    “The metals may not see the same gains as “gold 2.0,” a term used to describe bitcoin by one of its biggest advocates, Tyler Winklevoss, but industry analysts recommend investors take a look at the “seasonal trade” in gold and silver equities. Early in the year, those stocks tend to perform better, creating trading opportunities.”

    “And for 2018, analysts are expecting gold and silver prices to repeat New Year’s rally trends, with positive returns most likely to come in the first quarter. In fact, the NYSE Arca Gold Miners Index (GDM) saw its best performance on average during the months of January and February …”

    https://www.bloomberg.com/news/articles/2017-12-18/gold-may-not-be-bitcoin-but-miners-can-still-make-you-money

      Dec 19, 2017 19:50 AM

      Gold 2.0? That’s quite an idiotic claim.

        Dec 19, 2017 19:55 AM

        Agreed. It’s whiny Winklevoss…. not really surprised. However, he has billions now, and if he wants to tell his groupies to get into PM miners for the Q1Run, that is fine by me. Jan & Feb are seasonally strong months for the miners in particular.

    Dec 19, 2017 19:02 AM

    How to lose your arce……..in an exchange……. bite or bit the dust…
    http://www.zerohedge.com/news/2017-12-19/asian-crypto-traders-spooked-after-korean-exchange-files-bankruptcy

    Dec 19, 2017 19:29 AM
    Dec 19, 2017 19:31 AM

    Enrich they self………..
    Corker, the Senate’s fourth richest member in 2015, with an estimated net worth of over $69 million, reported the highest 2016 income from real-estate partnerships — up to $7 million — among GOP senators. His income came from three properties held by LLCs that together were worth as much as $35 million. Montana Sen. Steve Daines, whose estimated net worth was $14.4 million in 2015, reported earning between $425,000 and $4.2 million last year in rental income from eight properties managed by Genesis LLC. Daines, with Wisconsin Sen. Ron Johnson, pushed for a more generous tax deduction for pass-through entities during the Senate tax bill process.

    Other top earners were Johnson and Tennessee Sen. Lamar Alexander, who both earned as much as $1 million in 2016 from real estate pass-through vehicles.

    Elaine Hatch, the wife of the chairman of the Senate Finance Committee who said Monday that he wrote the real-estate tax break and disputed IBT’s report that the provision had not been in previous versions of the bill, owns a stake in a real-estate LLC worth up to $500,000 that generated between $5,000 and $15,000 of income from rent/royalties, interest and capital gains in 2016.

    Several of these senators were also top recipients of campaign cash from the real estate industry during the 2016 election cycle. Ohio Sen. Rob Portman’s campaign took in over $900,000 from real estate industry PACs and individuals; Johnson received roughly $780,000; and Georgia Sen. Johnny Isakson got $520,000 from the industry.

    Beyond Republican senators, other major beneficiaries of the provision could be President Donald Trump, who owns or directs over 560 companies, most of which are LLCs or LPs. Democrats in recent days have seized on the provision — and its potential benefits to Republican lawmakers — in demanding the bill be halted.

    Dec 19, 2017 19:40 AM

    Time for term limits……..check the time and length of time in office……..
    http://thesoundingline.com/congress-the-art-of-incumbency-part-ii/

    Dec 19, 2017 19:07 AM

    G 20…….bitcoin concerns………
    reposted on other page…………
    http://www.zerohedge.com/news/2017-12-19/establishment-panic-g-20-discuss-bitcoin-next-meeting

    Dec 19, 2017 19:47 PM

    From hater to HODLer in 48 hours.

    Dec 19, 2017 19:40 PM

    The Western World is Lost AL ! EVIL is Coming NO REAL FORE REAL ! https://www.youtube.com/watch?v=zjcZEllLrG0

      Dec 19, 2017 19:43 PM

      You’re Evil Dollars and Bankers Never STOP ! Wak Up Dollar Freaks ! ! !