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re: Bitcoin is dropping like a rock. Down to 99,200

Posted on 11/5/25 at 9:29 am to
Posted by SlidellCajun
Slidell la
Member since May 2019
15456 posts
Posted on 11/5/25 at 9:29 am to
quote:

Ok boomer


That’s the best you can do?
No depth?

Posted by weagle1999
Member since May 2025
1545 posts
Posted on 11/5/25 at 9:29 am to
The point is flying around somewhere up there when you get a chance
Posted by FnTigers
Member since Sep 2021
2258 posts
Posted on 11/5/25 at 9:37 am to
quote:

That’s the best you can do?
No depth?
BTC has done millions of % in gains. The new generation doesn't give a damn about your boomer legacy money.

You can hate it, get mad, or get with the times. Exposure to digital currencies will only continue to grow.

Good luck old man.
Posted by lsuconnman
Baton rouge
Member since Feb 2007
4366 posts
Posted on 11/5/25 at 9:43 am to
quote:

a damn about your boomer legacy money.


You don’t see a tad bit of irony that BTC’s only purpose is to repurchase boomer legacy money the new generation pretends not to care about?
Posted by UltimaParadox
North Carolina
Member since Nov 2008
50324 posts
Posted on 11/5/25 at 9:45 am to
quote:

The new generation doesn't give a damn about your boomer legacy money.


So BTC is money again... It sure is hard to keep up.

What are you buying with BTC these days? Give us a few examples
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
147701 posts
Posted on 11/5/25 at 10:06 am to
quote:

around 102K then the 100 SMA is in a strong uptrend at 82 K. Under that there is strong support in the 75-80K range



Posted by I Love Bama
Alabama
Member since Nov 2007
38420 posts
Posted on 11/5/25 at 10:57 am to
quote:

Bitcoin is dropping like a rock. Down to 99,200


LOL.

Imagine telling someone this would be a thread topic 2 years ago.

I can't wait for the 2028 one.

"Bitcoin is dropping like a rock! Down to $275,000!"
Posted by lsuconnman
Baton rouge
Member since Feb 2007
4366 posts
Posted on 11/5/25 at 11:12 am to
quote:

"Bitcoin is dropping like a rock! Down to $275,000!"


Imagine telling someone two years ago bitcoin would break 100k and yet we’d still be no closer to a consensus about its purpose or practical utility. That’s some bong hit philosopher level stuff.
Posted by FnTigers
Member since Sep 2021
2258 posts
Posted on 11/5/25 at 11:16 am to
Same old re-tread arguments here.

You will be buying my bags higher.

Thanks in advance.
Posted by dstone12
Texan
Member since Jan 2007
38167 posts
Posted on 11/5/25 at 11:18 am to
Fntigers


I know that Veritas and you are the only Tiger fans with ECU logos.

Did you go to ECU too?
Posted by tigerbacon
Arkansas
Member since Aug 2010
4434 posts
Posted on 11/5/25 at 11:19 am to
in 3 years bitcoin shouls be close to 400k
Posted by lsuconnman
Baton rouge
Member since Feb 2007
4366 posts
Posted on 11/5/25 at 11:55 am to
I hope so. That should stop all the youngbloods complaining about housing prices.
Posted by tigerbacon
Arkansas
Member since Aug 2010
4434 posts
Posted on 11/5/25 at 11:58 am to
Yes home prices are higher now but so are salaries. I just hope 25k a month will be enough to retire on in 25 years
Posted by FredsGotSlacks
Baton Rouge
Member since Mar 2008
839 posts
Posted on 11/5/25 at 12:00 pm to
quote:

So what was the impetus for the price run up and what’s changed?

There were more buyers than sellers, now there are more sellers than buyers ????? Once again I am not a crypto pumper, I just like to look at charts and dabble here and there with trading. BTC is one of the most liquid markets out there and is very easy to trade in/out of 24/7/365. If you don’t like it don’t buy it, I don’t understand why people get so butthurt about BTC
This post was edited on 11/5/25 at 12:02 pm
Posted by lsuconnman
Baton rouge
Member since Feb 2007
4366 posts
Posted on 11/5/25 at 12:20 pm to
Someone posted the point the other day the crypto market may be highly liquid, but there’s a growing debate about liquidity getting out of crypto and converting back to currency if a mass outflow occurs.
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
57606 posts
Posted on 11/5/25 at 12:25 pm to
It's rebounded pretty strongly from the overnight low. Up nearly 2.5% thus far today.
Posted by JayDeerTay84
Texas
Member since May 2013
9944 posts
Posted on 11/5/25 at 12:25 pm to
quote:

Someone posted the point the other day the crypto market may be highly liquid, but there’s a growing debate about liquidity getting out of crypto and converting back to currency if a mass outflow occurs.


The total Crypto market Cap is OVER 3T....

Posted by UltimaParadox
North Carolina
Member since Nov 2008
50324 posts
Posted on 11/5/25 at 12:35 pm to
quote:

The total Crypto market Cap is OVER 3T.


There is nowhere near 3T dollars worth of liquidity for people to cash out. I would venture less than 5% of that.

Its a fake number. Exchanges will halt immediately like they always do and let the big boys cash out what remains
Posted by LSURussian
Member since Feb 2005
133317 posts
Posted on 11/5/25 at 12:36 pm to
quote:

Can you tell the difference between a $20 bill and a $5 bill in the dark?
Congratulations. You have just made the stupidest post EVER on the Money Talk Board.
Posted by JayDeerTay84
Texas
Member since May 2013
9944 posts
Posted on 11/5/25 at 12:39 pm to
quote:

There is nowhere near 3T dollars worth of liquidity for people to cash out. I would venture less than 5% of that.

Its a fake number. Exchanges will halt immediately like they always do and let the big boys cash out what remains


Well let us know when its all zero.
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