Bitcoin

[W.E. Baxter Author]

On 6/27/2019 at 11:05 AM, fan_since79 said:

Does anyone understand what the hell this is all about? 

Up 16% yesterday, down 16% today.

Over $10,000 per coin.

 

I only know one thing. If anyone mentions Bitcoin to you.....

 

RUN!!!!!!

[NrM]

Fucking SHIBA lmao.. The normies sure do love their meme coins with super low prices so they can "own" millions. Honestly at least it has better tokenomics than dogecoin.  

[NrM]

If that Robinhood listing ever comes......shit could get crazy

[NrM]

8 minutes ago, cals said:

I bought back in a bit and I’m up $1000.  I’m with you but fuck it, what if it’s the next millionaire maker like doge?  Shit I had $100 in on Akita Inu for laughs and it’s up to $750 today.

It's about to flip Doge in Marketcap. I bet Elon Musk is salty.

[Redondo]

Bitcoin price slips 7% to $58,400

[NrM]

Could see one more mass liquidation event down to around 32k before we continue up. I don't see retail reentering the market for a while. Not till Bitcoin breaches 100k potentially.

ETH merge in June(hopefully). This bull cycle isn't over imo. 

 

Of course don't be caught holding shitcoins.

[NrM]

[gotbeer]

Yeah, not looking pretty at all right now.  

[Redondo]

Bitcoin price falls below $37,000 in tandem with tech selloff

[gotbeer]

Time to buy?  Or is it not done yet?

[Tank]

1 hour ago, gotbeer said:

Time to buy?  Or is it not done yet?

[gotbeer]

DOJ arrests New York couple and seizes $3.6 billion in bitcoin related to 2016 hack

And they couldn't have robin hooded and put a bit into the small guys wallets huh?  

 

[Redondo]

Bitcoin was poised to add to gains for a second straight day, trading above $44,000.

Heading into Thursday, bitcoin was up six of the past seven days.

The cryptocurrency is up more than 15% this month, but down almost 4% year-to-date.

BitCoin (BTC/USD)

 

$43,323.39 USD

-1.87%

-$823.97

1 Week %Change

+20.29%

 

1 Month %Change

+6.03%

 

Intraday range

$43,183.29

 

$44,380.02

24Hr. Performance

 

Date/Time 2/8/2022, 10:10:03 PM

Change and % Change values are calculated by comparing the latest trade price to the last trade price in the previous market day, which ends at 11:59 PM GMT

 

https://www.foxbusiness.com/markets/bitcoin-2-10-2022

[NrM]

You guys really going to ignore bitcoin/crypto until new all time highs and end up buying the top again. How many of you bought during the bear market? Bitcoin went as low as 17k. Ethereum went as low as 800.

[AngelsLakersFan]

On 12/28/2023 at 2:05 AM, NrM said:

You guys really going to ignore bitcoin/crypto until new all time highs and end up buying the top again. How many of you bought during the bear market? Bitcoin went as low as 17k. Ethereum went as low as 800.

This issue is, bitcoin is worthless, the only value increase happens when people are tricked into thinking otherwise.

[cals]

1 hour ago, AngelsLakersFan said:

This issue is, bitcoin is worthless, the only value increase happens when people are tricked into thinking otherwise.

Some things have intrinsic value, but lots don’t.  Take a highly valuable old baseball card.  It has no “value” in of itself, it only has value because those interested in acquiring and selling it agree it has a particular value.  I’m not defending Bitcoin but it really is no different.

[AngelsLakersFan]

6 hours ago, cals said:

Some things have intrinsic value, but lots don’t.  Take a highly valuable old baseball card.  It has no “value” in of itself, it only has value because those interested in acquiring and selling it agree it has a particular value.  I’m not defending Bitcoin but it really is no different.

Those are different things. The baseball card has value to people who enjoy collecting baseball cards. The price of the cards is the relationship between that value and the scarcity. Bitcoin literally only has value to people who expect the price to go up.
 

Obviously there is some piece of the card market that is speculating.

[NrM]

On 12/30/2023 at 1:24 PM, AngelsLakersFan said:

This issue is, bitcoin is worthless, the only value increase happens when people are tricked into thinking otherwise.

Even if I agreed with you, which I don't. I don't give a fuck. I'm trying to make money. 

 

Maybe you should give Blackrock a heads up that bitcoin is worthless. They're launching an ETF in a couple days. 

Asset managers are going to go hard shilling bitcoin to retarded boomers and institutions. The money will flow in.