Bitcoin Price Tracking & Discussion -- 2025

[Arky]

Oh man that would scare the hell out of me knowing all my crypto is on these 3rd party apps, not to mention the fine print. I don’t mind risking say 10% of my crypto for staking but spread it out over all of them. I’m pretty gung hoe about keeping my keys out of 3rd party stuff or exchanges unless i have too, seen way to much stuff happen over the years you would never expect. U can make more also by just trading the volatility without even having to take those risks and still prosper more than enough with the gains that come with it.

Yep, best to spread it out. I was using the interest-earning Celsius Wallet for a while for diversity but I didn't like their 24 hr wait on white listing an address so I pulled everything out and stuck most in at Crypto.com.

I do think Crypto.com has one of the better reputations out there - (until the day comes when they don't). So far, no major hacks (that I know of) and they are upfront with their terms. I've used their customer service many times and it is always quick to reply.

However, yes, I've earned bigly from staking with them and it is time to start peeling some out to go to my own cold storage....

Saw a story recently about a fellow who lost millions with a shady crypto app. He met a woman on a dating service and she recommended a particular crypto app he use for his crypto. I forget the name of the app but it was one I had never heard of. At any rate, it was a scam and he lost it all so gotta always be careful out there....

[themike78]

Bitcoin down huge the past month and will soon reach zero by Wednesday morning.

[themike78]

On Wednesday morning bitcoin will be worth around 3 cents.

[BeatTheJerk]

Bitcoin down huge the past month and will soon reach zero by Wednesday morning.

Hey Mike how the f u c k are you doing mate ?

[shadymcgrady]

How many of you bought Bitcoin at $200 years ago and deposited it into sportsbooks like Bovada to gamble with?

Don't worry, I'm one of you

I was doing it at 25 cents all the way up to 10k

[raiders72001]

What Crypto is Facebook meta going to use?

Diem (formerly Libra)

[raiders72001]

Feel free to delete this thread. No need for 2 and the other one's also in Player's Talk.

[raiders72001]

Public Announcement here :


It has been brought to my attention that Raiders has already created a 2022 bitcoin thread, my apologies men.

No problem, they can delete mine if wanted. You covered Player's Talk so it's better that way.

[Chi_archie]

any news coming this week?

[homie1975]

any news coming this week?

Archer IDK but aren't we at or approaching a "death cross" right now on the BTC chart?

[themike78]

OK. I've got an update. It has been reported that bitcoin will be worth zero this Friday. And by next week all cryptos won't even exist anymore.

[homie1975]

OK. I've got an update. It has been reported that bitcoin will be worth zero this Friday. And by next week all cryptos won't even exist anymore.

good. if it gets to $1 i will buy $50,000 worth, no questions asked.

[homie1975]

Yep, best to spread it out. I was using the interest-earning Celsius Wallet for a while for diversity but I didn't like their 24 hr wait on white listing an address so I pulled everything out and stuck most in at Crypto.com.

I do think Crypto.com has one of the better reputations out there - (until the day comes when they don't). So far, no major hacks (that I know of) and they are upfront with their terms. I've used their customer service many times and it is always quick to reply.

However, yes, I've earned bigly from staking with them and it is time to start peeling some out to go to my own cold storage....

Saw a story recently about a fellow who lost millions with a shady crypto app. He met a woman on a dating service and she recommended a particular crypto app he use for his crypto. I forget the name of the app but it was one I had never heard of. At any rate, it was a scam and he lost it all so gotta always be careful out there....

was she Russian

[Legions36]

Yep, best to spread it out. I was using the interest-earning Celsius Wallet for a while for diversity but I didn't like their 24 hr wait on white listing an address so I pulled everything out and stuck most in at Crypto.com.

I do think Crypto.com has one of the better reputations out there - (until the day comes when they don't). So far, no major hacks (that I know of) and they are upfront with their terms. I've used their customer service many times and it is always quick to reply.

However, yes, I've earned bigly from staking with them and it is time to start peeling some out to go to my own cold storage....

Saw a story recently about a fellow who lost millions with a shady crypto app. He met a woman on a dating service and she recommended a particular crypto app he use for his crypto. I forget the name of the app but it was one I had never heard of. At any rate, it was a scam and he lost it all so gotta always be careful out there....

See a lot of these places became popular during a bull run, if we are in fact in a bear market things could change hence why Ive noticed yields at some of these places get lower and lower, with lower amounts being able to even get yields. But places like Crypto.com most likely wont scam, they got so big they changed the name of Staples Center to them which I find to be such an amazing achievement not only for them but for crypto in general.

[Legions36]

Archer IDK but aren't we at or approaching a "death cross" right now on the BTC chart?

This death cross can go either way, like last year the drop already happened when it occurred then it went up shortly after. This one the price already dropped as well, but no one really knows yet if we are in a bear market or a head fake to only go back up.

[Arky]

was she Russian

Japanese, I think. In Denver.

Denver man loses $1.6 million in new "Pig Butchering" cryptocurrency scam

"The victims are the pigs, and they're being raised for a good, long time. Suddenly, you go and try to withdraw money from this third-party investment platform and you're unable to. That's when you know that pig has been butchered," said Grace Yuen, Global Anti Scam Organization spokeswoman.

[raiders72001]

OMI on the move.

[louisvillekid]

"Stacy Griggs bought his first Bitcoin when it was priced at $5,000. Today, a single Bitcoin is worth upwards of $40,000.

But he wanted to do more than simply invest in cryptocurrency on the sidelines.

"I look at blockchain, and cryptocurrency in particular, and say, 'This is the reshaping of the monetary system, like the internet reshaped access to data,'" he said, referencing the dot-com boom in the late 1990s. "I wanted to participate in it."

Griggs, chief executive at El Toro, said the Louisville-based ad-tech firm is doing well amid its rapid growth in recent years, affording him the ability to devote some of his time to a new venture, AboutBit. The new company is projecting about $40 million in revenue in 2022 after starting up last year. Rather than invest in crypto or build technologies within the decentralized finance (DeFi) space, Griggs said he recognized an arbitrage opportunity to acquire and make power — which is needed to mine cryptocurrencies — cheaper."

"Bitcoin mining is the process of creating new bitcoin via computing systems equipped with specialized chips competing to solve mathematical puzzles, according to Investopedia. The first miner (as these systems are called) to solve the puzzle is rewarded with bitcoin.

AboutBit, founded by Griggs (CEO), Wade Lewis (COO), Calvin Wells and Dan Kimball, has been acquiring natural gas assets and other inexpensive, off-grid energy sources to make power cheaper and ultimately cleaner. Its founding team has spent the last six to eight months in that process and plans to do about 150 megawatts of power deployment in the next 12 to 24 months, Griggs said, at a price of 3 cents per kilowatt hour or less, versus the national average electricity rate of 12.52 cents per kilowatt hour.

To achieve that level of power deployment, the emerging Louisville-based company is buying one facility in the Western U.S. and is in the process of building another in the Midwest. It currently has miners working in rented space at existing facilities in Chicago and Western Kentucky.

AboutBit has also designed single-pod and multi-pod data centers out of shipping containers that can be rapidly deployed in the middle of nowhere. The company is focused on going to where it can acquire cheap power from a utility provider or where it can acquire cheap natural gas and then turn it into electric power via generators.

It costs about $1.6 million to build a mine with 200 miners, so AboutBit has set up a series of limited partnerships to help fund development.

The company is similar to a hedge fund in that way, Griggs said, as it intends to give 80% of what a mine produces to the limited partners and keeps 20% for itself as the facility's manager.

Between the four co-founders and a SAFE (simple agreement for future equity) investment round, AboutBit has $13 million invested and committed.By 2025, the company is projecting more than $200 million in revenue.

"It's a very rapid growth company because there's a ton of interest in crypto and we've got a way to finance this via limited partners so that we can use limited partners' capital to go out and build more mines faster," Griggs continued. "We don't have to go out and raise a bunch of dilutive capital for ourselves, and we give limited partners a very attractive return in a space that most sophisticated investors seem to be interested in at this point, which is crypto."

According to the Cambridge Bitcoin Electricity Consumption Index, Bitcoin uses 137.4 Terawatt-hours of electricity every year, which is more energy than the entire country of Norway uses in a year. It's a proof-of-work cryptocurrency, meaning it takes large amounts of power to mine new tokens.

In its 2020 industry survey, Cambridge found bitcoin miners use hydroelectric power, coal and natural gas as primary energy sources, but have also used oil, nuclear power and renewables like wind energy in the mix. Natural gas, which is mostly methane, has fewer carbon emissions than coal or other petroleum products.

"We're taking natural gas at one of our facilities and turning natural gas out in the field into electricity, which we can then turn into Bitcoin," Griggs said."

https://www.bizjournals.com/louisville/inno/stories/profiles/2022/01/18/aboutbit-crypto-mining.html?utm_source=st&utm_medium=en&utm_campaign=bn&utm_content=lo&ana=e_lo_bn&j=26407000&senddate=2022-01-18

[themike78]

Hey Mike how the f u c k are you doing mate ?

I'm great. Thanks for asking. And remember I am here if you have any questions or need advice on crypto.

[themike78]

Bitcoin down huge in the last day. This will continue until it goes down to about 30 cents on Friday.

[BeatTheJerk]

Bitcoin down huge in the last day. This will continue until it goes down to about 30 cents on Friday.

Incredible analysis Mike you’re saving us all from future financial ruin.

[themike78]

Incredible analysis Mike you’re saving us all from future financial ruin.

That is why I am here to help people and offer detailed analysis of the crypto market. My latest forecast has all crypto being worthless by Tuesday morning.

[MickeyMan]

Mike can you give us a list of your top 30 cryptos that are going to 0 and in what order? Please be as detailed as possible.

[Yulia74]

any news coming this week?

yep

goblin town is calling

[themike78]

Mike can you give us a list of your top 30 cryptos that are going to 0 and in what order? Please be as detailed as possible.

They are all scams and useless. Eventually none of them will exist. Not sure what order.

[themike78]

Watch this video. 1:00 to 4:00

Host is clueless:

Host was very intelligent and spoke the truth. Bitcoin is garbage and will not even exist in the next few years. Next week the price of bitcoin will fall to about 13 cents.

[ChuckyTheGoat]

M78, right now you're winning. Have a nice wkend, Chief.

[biggie12]

sundaeswap is released

[BeatTheJerk]

M78, right now you're winning. Have a nice wkend, Chief.

That guys a fuckin’ financial genius no cap.

[homie1975]

Host was very intelligent and spoke the truth. Bitcoin is garbage and will not even exist in the next few years. Next week the price of bitcoin will fall to about 13 cents.

you sound like haters who tend to be old school guys who are just mad they did not get in on the ground floor.

[k13]

Going to hit 10k before it hits 100k

[homie1975]

Going to hit 10k before it hits 100k

i will scoop it up all the way down to 10K

[Yulia74]

i will scoop it up all the way down to 10K

[ChuckyTheGoat]

Ancillary question:

*WTF is going in with ALL markets?

Getting destroyed. Is ANYTHING holding value right now?

[MickeyMan]

They are all scams and useless. Eventually none of them will exist. Not sure what order.

Well I used to think you were brilliant but now the jury is out if you can’t answer a simple question like that