bitcoin price may 2013: $116.75
bitcoin price today: $20,257.00
bitcoin price may 2013: $116.75
bitcoin price today: $20,257.00
Originally Posted by dwai
bitcoin price may 2013: $116.75
bitcoin price today: $20,257.00
No one, aside from Druff and LarryLaffer, started more discussion worthy threads during this site’s glory days.
This thread is where I first heard of Bitcoin.
Here’s one
Biden administration proposes 30% crypto mining tax, closing wash-trading loopholes
Good luck to Biden with that shit. That mining tax sounds like something somebody sold him on a bill of goods because the Feds dont like people using something the powers that be cant control directly like the fiat money supply. Probably told him the crypto miners are using too much electricity to mine coins and thus taking away from the grid for the EVs nobody can fucking afford at an avg price of north of 60K not counting home charging.
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bitcoin price may 2013: $116.75
bitcoin price today: $20,257.00
I mean “we” just went from 69K to 17K so dancing on graves because “we” went from 17 to 27 is as silly as dancing on the grave when it went from 69-17 after it went from 3 to 69.
Its going to go up and its going to go down.
My position is everyone should own some and the recent bank issues only makes that point a little stronger.
The Bitcoin (not “crypto”) market had every reason to cliff dive from $17 back to $3K and it held. Im not as talented as many other chart readers but breaking $24.5 seems fairly important considering the history. $29.9 seems in play. After that its fairly major resistance at $34.5K. Not really worth speculating beyond that point now but would be exciting if we got there.
Last edited by Daly; 03-17-2023 at 08:04 AM.
What % of liquid assets held in BTC and/or crypto in general would be a good balance? Mine is about 35% held at Coinbase with about a half USDC coin and half BTC. Also, Coinbase seems to be by far the best in class as far as crypto banking is concerned. As the dollar banks are taking such a big beating it makes sense that the Coinbase stock should benefit. We may see much broader acceptance of BTC as faith in the banks, the money supply and those who control it is diminished.
More and more people are going to see value in diversifying their cash on hand and the way things are set up with Coinbase the money I have in there is essentially cash on hand. BTC and COIN stock are strong buys right now. If you own any crypto I don't see how you wouldn't also want to own that stock. Or a call option at $100 for 12 months.
Last edited by country978; 03-17-2023 at 12:35 PM.
I personally have zero interest in coinbase or any other exchange. Every US Bank in the world just got a implicit guarantee for its deposit clients. Not only do crypto exchanges not have that, in many cases the old guard is actively looming forward to their demise.
I cant even think about leaving my coins at an exchange. If Im sending coin to an exchange a sale and cash transfer is taking place soon thereafter. Counterparty risk is real. Been slowpaid too many times to leave money at these exchanges.
Your keys your cheese.
Keeping crypto on any exchange is a ticking time bomb. Put money on the exchange only when you want to trade, otherwise keep your assets in a hardware wallet.What % of liquid assets held in BTC and/or crypto in general would be a good balance? Mine is about 35% held at Coinbase with about a half USDC coin and half BTC. Also, Coinbase seems to be by far the best in class as far as crypto banking is concerned. As the dollar banks are taking such a big beating it makes sense that the Coinbase stock should benefit. We may see much broader acceptance of BTC as faith in the banks, the money supply and those who control it is diminished.
More and more people are going to see value in diversifying their cash on hand and the way things are set up with Coinbase the money I have in there is essentially cash on hand. BTC and COIN stock are strong buys right now. If you own any crypto I don't see how you wouldn't also want to own that stock. Or a call option at $100 for 12 months.
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The next bitcoin halving is in April 2024. In the 2 years spanning all previous halvings, BTC has increased by at least 600%.
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The next bitcoin halving is in April 2024. In the 2 years spanning all previous halvings, BTC has increased by at least 600%.
My very very very very very simplistic view is BTC all time high is 69K. It has a fairly well defined cycle of high and lows. We just exited the low period and we are headed back towards the season where it would not only recapture the previous ATH but go on to make new ones.
But fuck all that. The overly simplistic question that needs to be answered. Will ~69K be the BTC All time high even if it ends up going the way of the beanie baby? I think the answer is no. Thats it. Thats the thesis.
Im not one of these maxis that say buy one coin and in 10 years you will be one of the richest people on the planet types. I do think its possible that it trades 6 figures at some point in the next 3 years.
You could possibly be committing the error of ignoring the fortunate financial circumstances that were present the past 10 years that aided speculative assets.The next bitcoin halving is in April 2024. In the 2 years spanning all previous halvings, BTC has increased by at least 600%.
The $69k during the firehose of Covid QE is worth examination.
On the other hand, “Satoshi” allegedly created BTC as a hedge against central bankers monetary shenanigans. If his vision holds BTC should flourish mightily in the next ten years. Shitshow
I agree with thisThe next bitcoin halving is in April 2024. In the 2 years spanning all previous halvings, BTC has increased by at least 600%.
My very very very very very simplistic view is BTC all time high is 69K. It has a fairly well defined cycle of high and lows. We just exited the low period and we are headed back towards the season where it would not only recapture the previous ATH but go on to make new ones.
But fuck all that. The overly simplistic question that needs to be answered. Will ~69K be the BTC All time high even if it ends up going the way of the beanie baby? I think the answer is no. Thats it. Thats the thesis.
Im not one of these maxis that say buy one coin and in 10 years you will be one of the richest people on the planet types. I do think its possible that it trades 6 figures at some point in the next 3 years.
Not a bad place to allocate 5 to 10% considering many bigger picture factors but obv very volatile
Global economy is roughly 900 trillion USD accounting for everything I estimate
If it cracks 5% of that in 10 years (Massively optimistic) That's 45 Trillion/21 million..over 2 million per BTC. 100k isn't ridiculous to speculate 3 years out.
I think 35k in the next couple of months is on the cards
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https://twitter.com/#!/x/status/1638621952209199111
BTC down -5% on the news
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That would be amazing
https://the-bitcoin-bugle.ghost.io/f...talik-buterin/
Check out the rocket in Vitalik’s trousers in the second picture. Maybe the attraction isn’t crypto
.gov continues its crypto extermination
The SEC has charged eight celebrities regarding "illegally touting" $TRX and $BTT without disclosing that they were being paid.
The celebrities are:
- Lindsay Lohan
- Jake Paul
- Soulja Boy
- Austin Mahone
- Kendra Lust
- Lil Yachty
- Akon
- Dan Druff
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