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Started By
Message
re: Bitcoin is dropping like a rock. Down to 99,200
Posted on 11/21/25 at 7:35 am to UltimaParadox
Posted on 11/21/25 at 7:35 am to UltimaParadox
Any idea at what price they paid?
I’m on record that 85,000 is my price to buy more. It’s currently at 83,000! Yikes! Maybe I get a bargain or….
Here goes nothing…
I’m on record that 85,000 is my price to buy more. It’s currently at 83,000! Yikes! Maybe I get a bargain or….
Here goes nothing…
This post was edited on 11/21/25 at 7:36 am
1
Posted on 11/21/25 at 8:00 am to The Fed
May be headed to zero. Are we looking at a 2 trillion dollar tulip bulb rug pull?
Posted on 11/21/25 at 8:05 am to PUB
quote:You’re my hero.
May be headed to zero
Posted on 11/21/25 at 8:07 am to SlidellCajun
quote:
I’m on record that 85,000 is my price to buy more. It’s currently at 83,000! Yikes! Maybe I get a bargain
quote:My man you have a sickness
SlidellCajun
Posted on 11/21/25 at 9:06 am to beaverfever
Let's hope not though ...
Posted on 11/21/25 at 9:10 am to PUB
Not saying how much I bought but it’s not large proportionately.
There’ll be another run up at some point
There’ll be another run up at some point
Posted on 11/21/25 at 9:12 am to beaverfever
I am not a crypto guy, but find these levels interesting for a trade. For those more knowledgeable on BTC, what has caused this significant pullback?
Posted on 11/21/25 at 9:17 am to KWL85
Liquidity and OG whales unloading hundreds of thousands of coins IMO
Posted on 11/21/25 at 9:21 am to KWL85
It’s important to know ONE thing about bitcoin.
There is a very hard packed value set by hardcore holders. Look at the historical chart, specifically in log scale. The bottoms you see throughout time reflect that firm bottom price trend.
The trading price of bitcoin can become untethered from that price trend and generally is. That is because speculators/gamblers drive the price you see on any given day.
A month ago we had a nice portion of the price derived from speculation. Right now, we have much less speculation making up the price.
I could go into what specifically causes speculation to wax and wane but that’s less important than understanding how the market works.
There is a very hard packed value set by hardcore holders. Look at the historical chart, specifically in log scale. The bottoms you see throughout time reflect that firm bottom price trend.
The trading price of bitcoin can become untethered from that price trend and generally is. That is because speculators/gamblers drive the price you see on any given day.
A month ago we had a nice portion of the price derived from speculation. Right now, we have much less speculation making up the price.
I could go into what specifically causes speculation to wax and wane but that’s less important than understanding how the market works.
Posted on 11/21/25 at 9:25 am to The Fed
Massive crash.
Posted on 11/21/25 at 10:18 am to beaverfever
I just added some 2028 IBIT $65 calls. Surely BTC can get back to $115k in 2.2 years right?
Posted on 11/21/25 at 11:28 am to TigerTatorTots
I saw those beautiful June 2028s. Good work sir.
Posted on 11/21/25 at 12:11 pm to SlidellCajun
quote:
There’ll be another run up at some point
Every time I go in and buy more BTC I will say to myself: here I go, time to buy some more stupid arse bitcoin
Posted on 11/21/25 at 12:31 pm to Tiger4life306
quote:
Every time I go in and buy more BTC I will say to myself: here I go, time to buy some more stupid arse bitcoin
Posted on 11/21/25 at 1:02 pm to KWL85
I ended up getting more at 82,000 level. It’s now 84,500 but fluctuating wildly.
Posted on 11/21/25 at 1:05 pm to beaverfever
Van Eck Guy on cnbc just said
Every 4 years there’s a halving cycle and that brings a negative year. 2026 is scheduled to be that year. What we see today is positioning for 2026. He didn’t say how much it could drop with this halving
There other thing he mentioned is the risk brought by Quantum computing. Hacking will be a growing issue.
It could actually eliminate bitcoin.
Seems to me everything’s at risk with quantum computing except hard assets.
Every 4 years there’s a halving cycle and that brings a negative year. 2026 is scheduled to be that year. What we see today is positioning for 2026. He didn’t say how much it could drop with this halving
There other thing he mentioned is the risk brought by Quantum computing. Hacking will be a growing issue.
It could actually eliminate bitcoin.
Seems to me everything’s at risk with quantum computing except hard assets.
This post was edited on 11/21/25 at 1:10 pm
Posted on 11/21/25 at 1:37 pm to SlidellCajun
quote:
There other thing he mentioned is the risk brought by Quantum computing. Hacking will be a growing issue.
It could actually eliminate bitcoin.
Seems to me everything’s at risk with quantum computing except hard assets.
I feel like people who dont understand anything just say things they hear.
Quantum computing is not a risk to much of anything.
Bitcoin has upgraded before (P2SH, SegWit, Taproot). It can do it again.
Furthermore, outside of Crypto, hashing/cryptography is upgraded every few decades. This is nothing new.
Post-Quantum migration is already taking place with regards to security.
Posted on 11/21/25 at 1:42 pm to JayDeerTay84
This is kind of the Adam Back line of thinking. He essentially says quantum is scarier to the average uninformed bitcoiner than it is to a professional developer.
Posted on 11/21/25 at 1:43 pm to JayDeerTay84
quote:
Quantum computing is not a risk to much of anything.
Mmmm
Ok
Posted on 11/21/25 at 1:53 pm to SlidellCajun
quote:
Mmmm
Ok
For the simpler of minds: think of the internet prior to SSL. Everything was sent via plain text. it wasn't all that long ago either.
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