Bitcoin Price Thread

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

  1. 2rosy

    2rosy

    bitcoin appreciated from 100k to 110k. you can buy 10% more goods; you should be happy. Anyway, bitpay's exchange rate is at least 1% below market.

    https://www.bitpay.com/exchange-rates

    And looks trivial to implement. I'll look into it and add a little siphon inspired by Office Space. You can buy the lottery tickets; I'll be the lottery

    https://developer.bitpay.com/docs/getting-started
     
  2. johnarb

    johnarb

    93 bps, but let's round up to 1%, you realize it's negligible for any sale transaction amount that is less than $20k

    Selling lottery tickets so you can earn 1 penny per ticket makes you look desperate and poor


    Do an exercise on tradingview, pay with bitcoin and tell us how insignificant the spread is, you do not have to complete the transaction

    https://www.tradingview.com/support/solutions/43000485536-can-i-pay-for-a-subscription-with-crypto/

    upload_2025-5-30_0-42-24.png
     
    NoahA likes this.
  3. 2rosy

    2rosy

    1 penny is a lot. Last placed I worked was making a fraction of that. Adds up. cha-ching
     
  4. orbit23

    orbit23

    A ponzi that is in literally every electronic device in the world? Every phone, every computerm every GPU... Everything has gold components.

    Took a literal supernova to create gold. Bitcoin was made by a single ponzi schemer and propped up by 13 employees in Cayman islands printing $150B of fake unbacked Tethers.

    Granted in the current digital era it does not have to be physical, but it's value is still 90% fake because of Tether and sooner or later....

    The situation has been crazy for a while and it keeps getting crazy and crazier. What could possibly be next? How can we get crazier from Trump hosting crypto dinners and you need millions of $trump coins to participate? AHAHAHAHA

    The only thing that could possibly beat this is like if ultra shitcoins like dogecoin pumped for the grand finale - maybe they already have.
     
    themickey likes this.
  5. SunTrader

    SunTrader

    Credit card processors typically charge retailers 1.5-3.5%.
     
    johnarb likes this.
  6. themickey

    themickey

    Gold is a very expensive metal but it need not be.
    It's only expensive due to a myth that its valuable therefore needs to be hoarded.
    upload_2025-5-30_6-10-37.jpeg
    Man counting gold bars at Fort Knox
     
  7. SunTrader

    SunTrader

    What happens when you announce your Corp, that was in danger of being de-listed, is buying bitcoin lol:-

    ! Sharp.png
     
    johnarb and NoahA like this.
  8. johnarb

    johnarb

    It's not bitcoin they are buying, but Ethereum, still a positive as more money is going to the Crypto Assets ecosystem


    upload_2025-5-30_11-50-57.png
     
    NoahA likes this.
  9. orbit23

    orbit23

    Now we need a company to announce creating a DOGE treasury.

    Bitcoin is running out of steam and so what the manipulators do next, they push their bitcoins into altcoins like ETH, DOGe,.., pushing them up rapidly. You don't need any new money entering and they can push it up fast - but there has to be retail interest or if it is to be generated by these FOMO pumps.
     
  10. wxytrader

    wxytrader

    upload_2025-5-30_5-43-38.png

    Wave 5 appears to be complete, but confirmation will depend on how price behaves over the next 1–2 weeks with key retracement levels to validate the structure — or invalidate it with a break to new highs.

    If the correction confirms, that’s ideal — I’ll be compounding monthly dividends while passive holders wait for direction.

    Either way, I’m collecting.
    :)


    I was/am more expecting this to blow through 130k in the short term, than a drawn out correction allowing another chance to buy in, but we won't know until we know. :)
     
    Last edited: May 30, 2025 at 8:59 AM