Bitcoin Price Tracking & Discussion -- 2025

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • raiders72001
    Senior Member
    • 08-10-05
    • 11059

    #701
    False rumor of a double spend flaw hurt the price.
    Comment
    • hotcross
      SBR Hall of Famer
      • 08-04-17
      • 7934

      #702
      Comment
      • JoeCool20
        SBR MVP
        • 05-31-18
        • 4440

        #703
        Originally posted by milwaukee mike
        about to get a 2 handle

        didn't think i'd ever repop on that 30,400 but now i'm almost all the way back in

        not gonna replace that last 1
        Maybe you picked the near bottom! Good luck on it.
        Comment
        • Nitrogen
          SBR MVP
          • 08-15-16
          • 1972

          #704
          It's funny to see people try and track bitcoin using traditional charts and patterns.

          A big part of the price of bitcoin is news and rumor. Over the past few weeks, there were torrents of posts on social media and message boards talking about how the US was on the verge of martial law, how the days of the US$ as a safe harbor currency were finally crashing down etc.

          You know how Elon Musk spiked that health stock (Signal Advance) by saying "Use Signal" (the messaging platform), well, there's maybe 20 big players in the Crypto world that can also penetrate with the price of bitcoin just by making a few comments that get amplified through their respective echo channels.

          Now that the transition to the new admin is under way, and the attempted coup by Meal Team 6 has ended, that alone would cause downward pressure. Add into it that these upcoming lawsuits with Tether could cause a monster crash.

          And not least of which, is that bitcoin is still, for the most part, something that people only buy to resell later. When the fees spike, it's unusable for small purchases.

          I'm glad I've held onto some coins, as I've sold a bit recently. But trying to trade it based on charts and graphs is a long term fools errand.

          If you really want to try and buy the dips and spikes, sign up for about 30 of the libertarian/prepper/crypto-rumor forums and just get a feel for the sentiment of the rumors. Crazy way to try and make money - but almost all of bitcoins movement is purely rumor based.
          Last edited by Nitrogen; 01-21-21, 06:18 PM.
          Comment
          • shadymcgrady
            SBR Posting Legend
            • 02-27-12
            • 10036

            #705
            Trolling joetool is fun but not here on this thread
            Comment
            • JoeCool20
              SBR MVP
              • 05-31-18
              • 4440

              #706
              Originally posted by shadymcgrady
              Trolling joetool is fun but not here on this thread
              LOL I'd rather not have to deal with trolling at all because it is useless and childish. But my gosh, trolling anyone and then blowing up & going crazy-nuts-angry at their reply to the trolling, is not good on ANY thread!
              Comment
              • louisvillekid
                SBR Hall of Famer
                • 08-14-07
                • 9255

                #707
                Anyone stop getting notifications through Coinbase App?

                I have my setting set for any BTC spike or drop of +5% to notify me. It used to notify me all the time. Last time I got notified was Jan 10th, 8 times that day. Since then I haven't got one single alert, from anything.
                I checked the setting in app and I have everything on. I even checked my phones settings, and app preferences for my phone. Other apps give me notifications.
                But for some reason Coinbase just stopped on Jan 10th.
                Comment
                • pablo222
                  SBR Hall of Famer
                  • 01-03-19
                  • 8858

                  #708
                  Same for me Louisville
                  Comment
                  • BeatTheJerk
                    BARRELED IN @ SBR!
                    • 08-19-07
                    • 31794

                    #709
                    ...
                    Last edited by BeatTheJerk; 01-21-21, 07:41 PM. Reason: I misspoke ...
                    Comment
                    • killawookie
                      SBR MVP
                      • 12-25-09
                      • 3457

                      #710
                      Yikes 29.3k.. where the bottom?
                      Comment
                      • louisvillekid
                        SBR Hall of Famer
                        • 08-14-07
                        • 9255

                        #711
                        Originally posted by pablo222
                        Same for me Louisville
                        TU, at least I know it ain't just me. I guess I could uninstall it and retry. Since that seems to be the solution app tech support always suggests 99% of the time. Regardless if you have auto-updates allowed.
                        Comment
                        • CanuckG
                          SBR Posting Legend
                          • 12-23-10
                          • 21977

                          #712
                          Bought more 29.8k - out of cash for now.
                          Comment
                          • raiders72001
                            Senior Member
                            • 08-10-05
                            • 11059

                            #713
                            Originally posted by Nitrogen
                            It's funny to see people try and track bitcoin using traditional charts and patterns.

                            A big part of the price of bitcoin is news and rumor. Over the past few weeks, there were torrents of posts on social media and message boards talking about how the US was on the verge of martial law, how the days of the US$ as a safe harbor currency were finally crashing down etc.

                            You know how Elon Musk spiked that health stock (Signal Advance) by saying "Use Signal" (the messaging platform), well, there's maybe 20 big players in the Crypto world that can also penetrate with the price of bitcoin just by making a few comments that get amplified through their respective echo channels.

                            Now that the transition to the new admin is under way, and the attempted coup by Meal Team 6 has ended, that alone would cause downward pressure. Add into it that these upcoming lawsuits with Tether could cause a monster crash.

                            And not least of which, is that bitcoin is still, for the most part, something that people only buy to resell later. When the fees spike, it's unusable for small purchases.

                            I'm glad I've held onto some coins, as I've sold a bit recently. But trying to trade it based on charts and graphs is a long term fools errand.

                            If you really want to try and buy the dips and spikes, sign up for about 30 of the libertarian/prepper/crypto-rumor forums and just get a feel for the sentiment of the rumors. Crazy way to try and make money - but almost all of bitcoins movement is purely rumor based.
                            You're right in a lot of ways that current news moves the market. This goes back to the troll box at BTC-e and some guys on twitter such as Charlie Lee. I use current news every day in trades. The charts are overrated but still somewhat work. Current news determines movement but past patterns determine the degree of the movement.
                            Comment
                            • raiders72001
                              Senior Member
                              • 08-10-05
                              • 11059

                              #714
                              If past patterns of bull runs continue, BTC will go up first. Then a little later, the alts will go up at a higher percentage. It's been doing that this whole run.
                              Comment
                              • milwaukee mike
                                BARRELED IN @ SBR!
                                • 08-22-07
                                • 26914

                                #715
                                Originally posted by hotcross
                                one of the original demon-rat zionist warmongers... the guy would go to peace conferences while buying war bonds and pushing for war

                                but more importantly, why would anyone wear a collar like that!! my god that must be uncomfortable
                                Comment
                                • raiders72001
                                  Senior Member
                                  • 08-10-05
                                  • 11059

                                  #716
                                  $20k and I'll worry but not until then.
                                  Comment
                                  • JIBBBY
                                    SBR Aristocracy
                                    • 12-10-09
                                    • 83693

                                    #717
                                    Crypto tanking now with every executive order Biden signs
                                    Comment
                                    • d2bets
                                      BARRELED IN @ SBR!
                                      • 08-10-05
                                      • 39990

                                      #718
                                      Originally posted by JIBBBY
                                      Crypto tanking now with every executive order Biden signs
                                      If so, so what. Cryptomania is not healthy. Frankly, neither is the stock mania at this point.
                                      Comment
                                      • Nitrogen
                                        SBR MVP
                                        • 08-15-16
                                        • 1972

                                        #719
                                        Originally posted by raiders72001
                                        You're right in a lot of ways that current news moves the market. This goes back to the troll box at BTC-e and some guys on twitter such as Charlie Lee. I use current news every day in trades. The charts are overrated but still somewhat work. Current news determines movement but past patterns determine the degree of the movement.
                                        I shouldn't have entirely discounted charts. I mean, for those in a position to cash in on the quick spikes and drops - I'm sure they make profit.

                                        Such wild swings, and momentum in both directions is like a freight train. Tesla was like that last year, and as much as I love the product, it's a cult stock and none of the normal metrics seem to matter when people are in love with the tech and the owner. When Musk had 1/3 of the paper wealth of Bezos - I bet a buddy a steak dinner that Elon would be a trillionaire before Bezos. That shit coming down the pike with everything from autobidder so Tesla getting a slice of every autonomous taxi in the near future.

                                        Not even sure how you would try to measure that. How often does one company basically have a 5 year lead on 3 disruptive technologies (ev cars, micro grid power to replace the current grid, self driver uber). Not to mention batteries beyond EV. Good lord. With bitcoin, Roger Ver is reportedly now worth around 6 billy. You ready to live in a world where that guy might be worth a couple hundred billion?

                                        I mean. Doge coin was originated flat out as a joke. Musk mentions it once in a while on twitter - if a person only knew, they could double up and bail before it came back down. It's the wild west.
                                        Last edited by Nitrogen; 01-21-21, 10:14 PM.
                                        Comment
                                        • JIBBBY
                                          SBR Aristocracy
                                          • 12-10-09
                                          • 83693

                                          #720
                                          I'm out on bitcoin with Joe in office now!! I saw these executive orders being signed off that will kill the US economy and stock market so I sold.. DONE and OUT!! Good luck fellas!

                                          Bitcoin gonna drop even farther watch just like the stock market is starting to now. It's gonna be a sell off frenzy soon.

                                          Joe Biden way to go with just one day after taking office and signing all those far left economy killing executive orders! You kill everything Trump did and you kill the US economy further even with Covid killing us already now.

                                          Kiss cheap oil prices at the gas pumps goodbye. Watch your home electricity bill go up very soon, that's just the starters.
                                          Comment
                                          • Greget
                                            SBR Posting Legend
                                            • 11-01-10
                                            • 10516

                                            #721
                                            Originally posted by JIBBBY
                                            We'll see? With every executive order Biden signs it's gonna strangle our economy further even with Covid. I watch the markets because I have money invested in them.

                                            Biden is already destroying our economy, stock market and border. All happening in one day. AMAZING!!!

                                            Bitcoin down - 20%

                                            Dow Jones down - 13%


                                            One day in office way to go JOE!!! Keep signing those far left executive orders!! THAT'S KEEPING IT REAL!!
                                            This guy is a clown....
                                            Comment
                                            • JIBBBY
                                              SBR Aristocracy
                                              • 12-10-09
                                              • 83693

                                              #722
                                              Originally posted by Greget
                                              This guy is a clown....

                                              31,176.01 −12.37 (0.040%)Jan 21, 5:02 PM EST · Disclaimer
                                              Comment
                                              • themike78
                                                SBR MVP
                                                • 07-01-13
                                                • 4873

                                                #723
                                                All these idiots thought Biden would be good for bitcoin. Don't people realize Dems want total control and no personal freedoms? I wouldn't be surprised if these assholes try to ban bitcoin. Do you miss Trump yet?
                                                Comment
                                                • Optional
                                                  Administrator
                                                  • 06-10-10
                                                  • 60852

                                                  #724
                                                  Originally posted by Optional
                                                  Prediction: We see ~US$31150 during this decline before it turns around and starts an upward trend again.

                                                  Same head and shoulders pattern appearing that heralded the breakout over $20,000 recently is why I think that.

                                                  Looks like it is buy time, if I trust my own calls.

                                                  Adding a little more to my HODLing
                                                  .
                                                  Comment
                                                  • Greget
                                                    SBR Posting Legend
                                                    • 11-01-10
                                                    • 10516

                                                    #725
                                                    Originally posted by JIBBBY
                                                    31,176.01 −12.37 (0.040%)Jan 21, 5:02 PM EST · Disclaimer
                                                    Like you said...
                                                    Dow Jones down - 13%
                                                    Comment
                                                    • ChuckyTheGoat
                                                      BARRELED IN @ SBR!
                                                      • 04-04-11
                                                      • 36898

                                                      #726
                                                      Request for return to civility in this thread.

                                                      My two cents is that the recent dump in BtC is a good thing. I keep hearing all the buying stats. Big fish are trying to consolidate their BtC positions. I can only think that means northern momentum in the near-future.
                                                      Where's the fuckin power box, Carol?
                                                      Comment
                                                      • Optional
                                                        Administrator
                                                        • 06-10-10
                                                        • 60852

                                                        #727
                                                        Originally posted by themike78
                                                        All these idiots thought Biden would be good for bitcoin. Don't people realize Dems want total control and no personal freedoms? I wouldn't be surprised if these assholes try to ban bitcoin. Do you miss Trump yet?
                                                        Not everything in this world is about Trump, Biden or even US politics at all.

                                                        USA accounts for 4% of the world population, and maybe 10% of world GDP... a bunch of politicized loons saying they have lost confidence in the US$ makes less than the width of a bee dick difference to the worldwide traded price.

                                                        And even if USA "bans it" (impossible to start with, ask China) the rest of the world won't care that much. Will just be like USA forcing Google out of China, create a vacuum other entities will thrive in without the US competition. And exactly like what has happened in the South China Sea since the USA pulled out and left the region to everyone else.

                                                        If USA "bans bitcoin" now, the rest of the world's tech companies win.

                                                        Plus all governments love the idea of traceable digital cash so neither US side is going ban crypto anyway.
                                                        .
                                                        Comment
                                                        • JIBBBY
                                                          SBR Aristocracy
                                                          • 12-10-09
                                                          • 83693

                                                          #728
                                                          Sorry guys bitcoin I think is gonna tank as the stock market does. Biden needs to stop with these aggressive executive business killing executive orders!! Keeping it real. I'm an investor. Not invested with chump change either.

                                                          I hope I'm wrong but I'm out. I hope Bitcoin jumps right back up even though I bailed out!! I love bitcoin but I'm out for now. That's just me.

                                                          Comment
                                                          • ChuckyTheGoat
                                                            BARRELED IN @ SBR!
                                                            • 04-04-11
                                                            • 36898

                                                            #729
                                                            Opti, I express to u how pessimistic I am for the USA in 2021. Vagrancy is on virtually every stop-light.
                                                            Where's the fuckin power box, Carol?
                                                            Comment
                                                            • JIBBBY
                                                              SBR Aristocracy
                                                              • 12-10-09
                                                              • 83693

                                                              #730
                                                              Originally posted by Optional
                                                              Not everything in this world is about Trump, Biden or even US politics at all.

                                                              USA accounts for 4% of the world population, and maybe 10% of world GDP... a bunch of politicized loons saying they have lost confidence in the US$ makes less than the width of a bee dick difference to the worldwide traded price.

                                                              And even if USA "bans it" (impossible to start with, ask China) the rest of the world won't care that much. Will just be like USA forcing Google out of China, create a vacuum other entities will thrive in without the US competition. And exactly like what has happened in the South China Sea since the USA pulled out and left the region to everyone else.

                                                              If USA "bans bitcoin" now, the rest of the world's tech companies win.

                                                              Plus all governments love the idea of traceable digital cash so neither US side is going ban crypto anyway.
                                                              Opti world goes as the USA goes. Don't fool yourself. World markets have always trended around that.

                                                              Probably why China or Russia hasn't nuked us yet.
                                                              Comment
                                                              • JMobile
                                                                SBR Posting Legend
                                                                • 08-21-10
                                                                • 19070

                                                                #731
                                                                How did you guys invest in bitcoin? How much too?
                                                                Comment
                                                                • Optional
                                                                  Administrator
                                                                  • 06-10-10
                                                                  • 60852

                                                                  #732
                                                                  Originally posted by JIBBBY

                                                                  Opti world goes as the USA goes. Don't fool yourself. World markets have always trended around that.

                                                                  Probably why China or Russia hasn't nuked us yet.
                                                                  USA has a big influence in many things.

                                                                  But I really do not think day to day headlines about Biden (or Trump) domestic economy plans really has too much effect on traded price these days. It just feels like that sometimes in our USA-centric echo chamber when we convince ourselves things happen for XYZ reasons.

                                                                  Even in big take up countries like Japan less than 10% of people own crypto. I think that retail level uptake is going to be a far bigger price moving factor than anything else over the next few years. Genie is out of the bottle completely now.
                                                                  .
                                                                  Comment
                                                                  • Optional
                                                                    Administrator
                                                                    • 06-10-10
                                                                    • 60852

                                                                    #733
                                                                    Originally posted by ChuckyTheGoat
                                                                    Opti, I express to u how pessimistic I am for the USA in 2021. Vagrancy is on virtually every stop-light.
                                                                    Yep, and the way it appears USA is way behind every other major economy in recovering from the covid bashing is only going to exacerbate the effect.

                                                                    Dont want to go to the politics side in this thread, but have been posting for almost a year now that whichever countries get their economy working again first are going to have a huge advantage in coming decades.


                                                                    I don't think this will will hurt crypto though. Will just create opportunities elsewhere.

                                                                    Plus hopefully the new govt can address the situation and not let USA fall any further behind v Restoftheworld
                                                                    .
                                                                    Comment
                                                                    • nickfolker23
                                                                      SBR Wise Guy
                                                                      • 09-27-20
                                                                      • 547

                                                                      #734
                                                                      Originally posted by Optional
                                                                      Yep, and the way it appears USA is way behind every other major economy in recovering from the covid bashing is only going to exacerbate the effect.

                                                                      Dont want to go to the politics side in this thread, but have been posting for almost a year now that whichever countries get their economy working again first are going to have a huge advantage in coming decades.


                                                                      I don't think this will will hurt crypto though. Will just create opportunities elsewhere.

                                                                      Plus hopefully the new govt can address the situation and not let USA fall any further behind v Restoftheworld
                                                                      It won't hurt it. Or you can say it will hurt paper money that governments are forced to print during hard times. It's us against them, if you have bitcoin you don't mind some of the bad things happening in the cruel world around you. Because your investment grows in value.
                                                                      Comment
                                                                      • Optional
                                                                        Administrator
                                                                        • 06-10-10
                                                                        • 60852

                                                                        #735
                                                                        Originally posted by nickfolker23

                                                                        It won't hurt it. Or you can say it will hurt paper money that governments are forced to print during hard times. It's us against them, if you have bitcoin you don't mind some of the bad things happening in the cruel world around you. Because your investment grows in value.
                                                                        True.

                                                                        Also if I am correct, the flip side of that equation is that USA residents who keep some cash in crypto now will disproportionally benefit versus people in other countries later. So there is that too.
                                                                        .
                                                                        Comment
                                                                        SBR Contests
                                                                        Collapse
                                                                        Top-Rated US Sportsbooks
                                                                        Collapse
                                                                        Working...