Bitcoin Price Tracking & Discussion -- 2025

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  • raiders72001
    Senior Member
    • 08-10-05
    • 11119

    #10816
    Originally posted by ChuckyTheGoat
    Raiders (and others):
    *I think we present a pretty un-biased view on BTC in here. I wanted to address one trend.

    It's the current hype factor. Or lack thereof:
    *As bitcoin enthusiasts, we tend to have blinders on. We think that Bitcoin is the only logical solution.
    ...What about the others (who have not taken the leap yet)?
    ...Reasonable estimate of understanding Bitcoin is to do 20 to 40 hours of research. How many non-Bitcoiners have put in that time?
    ...Google search trends say that "Bitcoin" search is down by as much as 50% (from four years ago).
    ...Go back to the saying of "Follow the Money." The ETFs and BTC treasury companies are stock-piling. They're front-running before the supply dries up.
    ...That means that the demand is somewhat limited. The populous hasn't figured it out yet.
    ...If you're wondering why the price isn't going parabolic, I think this is a reason.
    ...Take-away = BTC is on sale. Won't last forever.

    *Just my opinion. NFA: Not Financial Advice.
    I like the last line, "BTC is on sale. Won't last forever"

    Other coins are better as far as speed, although BTC is the safest since the code is the toughest to hack. These EFTs have changed the landscape and the US is very important for the BTC price. It wasn't always this way since Asia was more important in the beginning.

    Whether you like Trump or not, he's been great for BTC. His motives were partly personal since he's made a fortune in crypto but the reason isn't important to us. The US economy is booming right now and that leaves money for investing.

    My hope is that the OTC crypto dries up and some of these big purchases have to be done on public exchanges. The other hope is that the 4 year cycle is over although I'm not counting on that.
    Comment
    • ChuckyTheGoat
      BARRELED IN @ SBR!
      • 04-04-11
      • 37332

      #10817
      Raiders:
      1) Saylor thinks the big draw-downs are done with. Risk-return has gone way to the right on the risk spectrum.
      2) Take a look at this video. Talk about a bad idea: *UK is selling BTC to get cash.

      ...Amazing. Evidence that people still have their head in the sand.
      Where's the fuckin power box, Carol?
      Comment
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