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re: Bitcoin - how high?
Posted on 9/21/25 at 10:12 pm to death valley driver
Posted on 9/21/25 at 10:12 pm to death valley driver
quote:
Reads like a post from 2017. Bitcoin was about 15k then.
In his defense that was about the time of the first transition from BTC is an anonymous decentralized system to becoming a hedge against the depreciated dollar…the current narrative of million dollar investment buy and hodl theory hadn’t yet rolled out.
0
Posted on 9/21/25 at 10:12 pm to UltimaParadox
Don’t be surprised when the dollar defaults, and it will, just like every other currency has throughout history. Is bitcoin the answer? I think it could be. If it eventually is, then I will be happy I prepared for that scenario.
Is this what you want to base your financial future on? I don’t think anyone would be a buyer with this type of performance.
Is this what you want to base your financial future on? I don’t think anyone would be a buyer with this type of performance.
Posted on 9/21/25 at 10:19 pm to UltimaParadox
The same old recycled sayings for the past decade
Posted on 9/21/25 at 10:26 pm to mach316
quote:
Is this what you want to base your financial future on? I don’t think anyone would be a buyer with this type of performance.
I don't invest in USD. It's a currency..
Posted on 9/21/25 at 10:41 pm to beaverfever
quote:
Thats the whole point.
It's not, actually. It was to be devoid of government interference. I can't buy btc without presenting some level of ID nowadays, and it's pretty off-putting to some who started mining in 2012, when bitmain dropped their first antminers.
Posted on 9/21/25 at 10:46 pm to mach316
Gold is wayyyyy lower risk and is an actual element with practical applications.
Bitcoin is nothing but a ledger that can be replicated over and over. It's not unique in any way, shape or form.
The big boy nations aren't buying Bitcoin. I do know what they are buying though...
Bitcoin is nothing but a ledger that can be replicated over and over. It's not unique in any way, shape or form.
The big boy nations aren't buying Bitcoin. I do know what they are buying though...
Posted on 9/22/25 at 6:54 am to UltimaParadox
quote:A huge share of the world’s capital is tied up in sovereign debt. That’s quite literally investing in a currency. If you don’t hold government debt, good on you.
I don't invest in USD. It's a currency..
Posted on 9/22/25 at 7:51 am to mach316
quote:
Bitcoin gets a bad rap because of the volatility, but that is slowly changing with increase adoption.
Really? Where is this increased adoption?
What comes first, early adoption or reduced volatility?
Ie- In my business, there is no way I accept bitcoin because of the volatility.
And if it loses its volatility, will you still hold it?
And why?
This post was edited on 9/22/25 at 8:00 am
Posted on 9/22/25 at 8:08 am to SlidellCajun
Please don’t spam threads man.
Posted on 9/22/25 at 8:13 am to PhiTiger1764
quote:
What caused Bitcoin go from $10,000 to $100,000 in the first place?
Why are Pokémon cards so expensive now
All of the wealth of the younger generation is going into things they consider “assets” that can “make you get rich quick” because they have checked out of the system
I mean I guess it’s fair since they think they’ll never be able to own a house and have a family and ai took all the foot in the door jobs that they could’ve turned into a career
And before anyone posts that their son gave the boss a firm handshake and got a job, we’re discussing macroeconomics here
Posted on 9/22/25 at 8:26 am to beaverfever
quote:
Please don’t spam threads man.
Hey man
I realize the questions are uncomfortable but they’re not “spam”. They’re real.
I’m here to shed light on the possibility that Bitcoin isn’t the best place to put your money. I ask that the bitcoin crowd be open minded to the possibility that this could all be a massively risky venture based largely on FOMO.
So I ask questions.
Posted on 9/22/25 at 9:17 am to Amblin
based on the chart its going to correct some soon
Posted on 9/22/25 at 11:51 am to donRANDOMnumbers
Yeah correct upwards
Posted on 9/22/25 at 12:33 pm to SlidellCajun
quote:
I realize the questions are uncomfortable but they’re not “spam”. They’re real.
I think his point about not spamming threads is that your questions were asked and answered when Bitcoin was $10K. Then again when it hit $20K. Again when it his $30K. Again when it hit $40K. Again when it his $50K. Once again when it hit $60K. Again when it hit $70K. Again when it hit $80K. Again when it his $90K. Again when it hit $100K. Again when it hit $110K. And now - again when it hit $120K.
quote:
I ask that the bitcoin crowd be open minded to the possibility that this could all be a massively risky venture based largely on FOMO.
I hope even a Luddite like you can see the irony in this statement.
Posted on 9/22/25 at 1:03 pm to David_DJS
Posted on 9/22/25 at 1:53 pm to FAT SEXY
quote:
The big boy nations aren't buying Bitcoin.
You may want to dig a little deeper on this topic.
Posted on 9/22/25 at 2:10 pm to mach316
Most of Chinas Bitcoin holdings are from criminal seizures. They're the 2nd largest holder.
Chinese citizens are literally banned from buying cryptocurrencies.
Do you know what Chinese citizens are encouraged to buy? Au
Chinese citizens are literally banned from buying cryptocurrencies.
Do you know what Chinese citizens are encouraged to buy? Au
Posted on 9/22/25 at 5:24 pm to David_DJS
quote:
David_DJS
You'd think that would be the end of him in this thread, but I'm sure he'll be back to ask more "questions".
This post was edited on 9/22/25 at 5:25 pm
Posted on 9/22/25 at 5:29 pm to Sho Nuff
He will be back in every single bitcoin thread asking the same questions.
Posted on 9/22/25 at 7:40 pm to Amblin
It is clearly more valuable than gold, silver and diamonds due to the scarcity and people needed something to store value.
So, Up.
So, Up.
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