Bitcoin Price Thread

Discussion in 'Crypto Assets' started by Magna, Nov 26, 2017.

  1. themickey

    themickey

    Oxymoron
     
    #6281     Oct 15, 2024
    Tokenz likes this.
  2. themickey

    themickey

    Hmmmm, we won't be seeing you again....?
     
    #6282     Oct 15, 2024
    Tokenz likes this.
  3. themickey

    themickey

    Bitcoin is near a perfect trading vehicle.
    It behaves extremely well to TA/PA. Scat would love it.
    Anyone who can't trade should study it.
     
    #6283     Oct 15, 2024
    Tokenz and semperfrosty like this.
  4. johnarb

    johnarb

    Bitcoin is the best money in the history of the world

    Bitcoin is the most sellable good across time = it trades 24/7 with lots of liquidity, there's rumor Tesla sold over $700M worth of bitcoin yesterday

    Bitcoin is the most sellable good across space = you can transfer value, settle a debt, transact, between US and South Korea and final settlement in 1 hour

    It's not that complicated. You don't need to make a transaction with bitcoin every day or every minute, we have a debt-based monetary fiat system for that, credit card, USD (federal reserve note), venmo, paypal, apple pay

    It's very very simple

    Bitcoin is the best money in the history of the world


    upload_2024-10-16_11-25-19.png


     
    #6284     Oct 15, 2024
  5. wtf these talking heads are so annoying. I have been touting an article that was written years ago about the great loss of wealth or something that talks about how generational wealth is slowly being wiped out relative to bitcoin...but nobody has ever responded...but put some dude in a video and everybody listens.
     
    #6285     Oct 16, 2024
  6. themickey

    themickey

    Definition: I'm outta here pronto so I don't face the backlash when wrong. I can't live with the embarrassment.
    I'll be back though with a new username, I'll need to steer clear of crypyo discussions so not to give the game up who I am.
    However were Bitcoin to tumble, you'll soon hear from me quick enough, shouting with delight how right I was. :)
     
    #6286     Oct 16, 2024
  7. SunTrader

    SunTrader

    Wellllllllll kinda.

    When you hold bitcoin it increases (so far over long periods of time) - true. Not day to day obviously.

    But the thing is when you hold bitcoin ..... you are not spending Bitcoin.

    So unless you hold for a, relatively speaking, long period. Then spend some and hold another long period and spend some. Rinse, repeat.

    Again if you are holding you are not spending.

    Also the argument against the dollar because of inflation works only on those who's income does not keep up with or even exceed inflation.
     
    #6287     Oct 16, 2024
    johnarb likes this.
  8. SunTrader

    SunTrader

    #6288     Oct 16, 2024
  9. this is looking pretty weak...I was expecting this to blow through 70k yesterday, if this was going to off to ath's.

    Also bitcoin sitting isn't bitcoin earning.
     
    #6289     Oct 16, 2024
  10. This is looking pretty weak. I was expecting a bigger push to 70k...already running out of steam?
     
    Last edited: Oct 16, 2024
    #6290     Oct 16, 2024