Bitcoin Price Tracking & Discussion -- 2025

**ace7550** · 02-21-21, 12:07 PM

Originally posted by ChuckyTheGoat

Someone want to explain to me the F2pool? George (CryptosRUs) is saying that the outflow today is huge.

Is this an issue?

All this means is that crypto miners who are in the F2pool (which is massive) are moving their coins from their F2pool wallets to other wallets. It doesn't necessarily mean they are selling.
My guess is that some are selling and some are just securing their coins in cold wallets because the rise in BTC price also means a rise in liability.
I mine bitcoin and litecoin and my miners are in the nicehash pool. I move my coins out of my nicehash wallet about every 10 days.

**the_situation** · 02-21-21, 12:18 PM

Originally posted by MickeyMan

This might be a stupid question but do the new Bitcoin etf’s actually purchase Bitcoin like grayscale does?

Yes they do. At least BTCC and EBIT in Canada

**ChuckyTheGoat** · 02-21-21, 12:31 PM

Originally posted by milwaukee mike

chucky you worry too much

Fair comment. It's really not that I worry. Just that I'm trying to educate myself.

**ChuckyTheGoat** · 02-21-21, 12:36 PM

Originally posted by ace7550

All this means is that crypto miners who are in the F2pool (which is massive) are moving their coins from their F2pool wallets to other wallets. It doesn't necessarily mean they are selling.
My guess is that some are selling and some are just securing their coins in cold wallets because the rise in BTC price also means a rise in liability.
I mine bitcoin and litecoin and my miners are in the nicehash pool. I move my coins out of my nicehash wallet about every 10 days.

**batt33** · 02-21-21, 01:36 PM

Originally posted by ace7550

All this means is that crypto miners who are in the F2pool (which is massive) are moving their coins from their F2pool wallets to other wallets. It doesn't necessarily mean they are selling.
My guess is that some are selling and some are just securing their coins in cold wallets because the rise in BTC price also means a rise in liability.
I mine bitcoin and litecoin and my miners are in the nicehash pool. I move my coins out of my nicehash wallet about every 10 days.

Dang it.....something else I need to learn in this crypto world

, But I appreciate the explanation! Friend asked me what are you doing in retirement to keep busy......trying to figure out this crypto currency....feels like I'm back school

**ChuckyTheGoat** · 02-21-21, 01:47 PM

No! Did it again. Touched 58k.

**ace7550** · 02-21-21, 01:47 PM

Originally posted by batt33

Dang it.....something else I need to learn in this crypto world

, But I appreciate the explanation! Friend asked me what are you doing in retirement to keep busy......trying to figure out this crypto currency....feels like I'm back school

It's endless and it can be damn confusing. I know quite a bit about the mining side of things and how coins like litecoin and bitcoin function. But if you wanna talk ETH, BNB, defi, new coins...I don't know shit

**ChuckyTheGoat** · 02-21-21, 01:48 PM

Originally posted by batt33

Dang it.....something else I need to learn in this crypto world

, But I appreciate the explanation! Friend asked me what are you doing in retirement to keep busy......trying to figure out this crypto currency....feels like I'm back school

Batt, I'm right w/ u. Back in school, education all over again. But this is more fun.

**ChuckyTheGoat** · 02-21-21, 01:50 PM

Originally posted by ChuckyTheGoat

New contestant = The Ice Man. Knowledgable guy, smarter than me.

*Current = 56,200.

*Target = 58,000.

*Payday = +580. Time constraint = Sunday 1159pm Eastern. 56 hours, Good Luck!

+580 paid. It just ticked onto 58,000.

Hit rate on these ATH contests has to be > 70%. Never had so much fun going broke.

**batt33** · 02-21-21, 03:53 PM

Originally posted by ChuckyTheGoat

Batt, I'm right w/ u. Back in school, education all over again. But this is more fun.

True that! Feel Like a freshman in a senior class though!

**pablo222** · 02-21-21, 04:30 PM

Originally posted by batt33

True that! Feel Like a freshman in a senior class though!

Fake it til you make it.

**mngambler** · 02-21-21, 04:34 PM

Originally posted by ace7550

It's endless and it can be damn confusing. I know quite a bit about the mining side of things and how coins like litecoin and bitcoin function. But if you wanna talk ETH, BNB, defi, new coins...I don't know shit

I can help with anything defi/BSC/BNB/ETH related if you have questions...I've been down that rabbit hole for a few weeks now lol

**pablo222** · 02-21-21, 04:46 PM

https://twitter.com/BTC_Archive/status/1363534115082035202?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1363534638136844290%7Ctwgr%5E%7Ctwcon%5Es2_&ref_url=https%3A%2F%2Fwww.redditmedia.com%2Fmediaembed%2Flp47oj%3Fresponsive%3Dtrueis_nightmode%3Dfalse

A lot of BTC continues to be moved to cold storage.

**raiders72001** · 02-21-21, 05:04 PM

Originally posted by ChuckyTheGoat

Someone want to explain to me the F2pool? George (CryptosRUs) is saying that the outflow today is huge.

Is this an issue?

F2Pool has been dumping huge amounts of bitcoin all at once. This has been the cause for some of the big dips. This is different than the outflow that ace properly described.

**DwightShrute** · 02-21-21, 05:42 PM

I just sold 1.3 bitcoin.

**kucyk9010** · 02-21-21, 06:29 PM

Originally posted by DwightShrute

I just sold 1.3 bitcoin.

Nice

**DwightShrute** · 02-21-21, 06:46 PM

Originally posted by kucyk9010

Nice

ya I think its smart to take out some profit. I still have just under 3 and lets see what happens!

**Jibbysdaddy** · 02-21-21, 07:45 PM

Originally posted by DwightShrute

I just sold 1.3 bitcoin.

So you cashed out for what? $80k? Pics or it didn't happen

haha just kidding good shit if this is true. I'm definitely holding onto it long term.

**pablo222** · 02-21-21, 07:49 PM

I think you jumped the gun Dwight.

But can't argue taking profits after the meteoric rise the past 6 months.

**Jibbysdaddy** · 02-21-21, 07:54 PM

Originally posted by pablo222

I think you jumped the gun Dwight.

But can't argue taking profits after the meteoric rise the past 6 months.

Definitely a good idea to sell some but an even better idea to hold some on a ledger long term. The most valuable piece of information is this: After 2025 there's not gonna be anymore bitcoin mined. There will only be 21 million total mined and then at that point it will become a scarce resource. HODL long term fellas. It's the smartest thing you'll ever do. Also I'd definitely keep some ethereum and XRP. Don't be a dumbass like my son Jibbby and sell at $36k cause you made a couple hundred and got scared like a bitch

. You're all welcome.

**DwightShrute** · 02-21-21, 08:40 PM

Originally posted by pablo222

I think you jumped the gun Dwight.

But can't argue taking profits after the meteoric rise the past 6 months.

profit is always good. I hope it keeps going up. I have other stuff to invest in which I am using this cash for.

I bought all my btc for less that 2000.

**BeatTheJerk** · 02-21-21, 08:58 PM

Originally posted by Jibbysdaddy

Definitely a good idea to sell some but an even better idea to hold some on a ledger long term. The most valuable piece of information is this: After 2025 there's not gonna be anymore bitcoin mined. There will only be 21 million total mined and then at that point it will become a scarce resource. HODL long term fellas. It's the smartest thing you'll ever do. Also I'd definitely keep some ethereum and XRP. Don't be a dumbass like my son Jibbby and sell at $36k cause you made a couple hundred and got scared like a bitch

. You're all welcome.

Your son being the millionaire that he is, seems to be very conservative with his investments & gambling. He bets like a 100 dollars a game. That’s like if I fuckin’ bet one dollar per wager wtf

**Sam Odom** · 02-22-21, 05:12 AM

Is <$50K a buying opportunity or should we tread lightly ?

Post your guess below

**MrSink** · 02-22-21, 06:38 AM

some profits realizing going on . good news , market will cool off for a while

**dngf** · 02-22-21, 06:59 AM

Hello:
I won some mBTC in the football pool last year. It is in an Electrum wallet. It is now up over 50% in value since early January. How do I convert it to cash?
thank you
dngf

**pablo222** · 02-22-21, 07:01 AM

Originally posted by dngf

Hello:
I won some mBTC in the football pool last year. It is in an Electrum wallet. It is now up over 50% in value since early January. How do I convert it to cash?
thank you
dngf

Get set up on an exchange. Gemini or Coinbase.

**Optional** · 02-22-21, 07:26 AM

Originally posted by dngf

Hello:
I won some mBTC in the football pool last year. It is in an Electrum wallet. It is now up over 50% in value since early January. How do I convert it to cash?
thank you
dngf

If you do not plan to continue using bitcoin, maybe just search for a bitcoin ATM near you? Most expensive method for fees though.

If you use a regular exchange you will need to signup and give them ID. If that isnt a problem for you gemini.com coinbase.com or download the CashApp on your phone.

You could also deposit it to a book?

**JAKEPEAVY21** · 02-22-21, 08:49 AM

Hopefully this is the extent of the correction.

**killawookie** · 02-22-21, 09:02 AM

Every Crypto on binance is in the red.. what a pull back.

**Sam Odom** · 02-22-21, 09:09 AM

Originally posted by Sam Odom

Is <$50K a buying opportunity or should we tread lightly ?

Post your guess below

Going to take a wait and see if (when) it falls below 50K

**ChuckyTheGoat** · 02-22-21, 09:16 AM

What a burial.

**pablo222** · 02-22-21, 09:18 AM

$47.667.83

Are you buying Mr. Odom?

**Sam Odom** · 02-22-21, 09:18 AM

Crazy

**ChuckyTheGoat** · 02-22-21, 09:18 AM

Originally posted by Sam Odom

Going to take a wait and see if (when) it falls below 50K

Sam, what do u make of these fluctuations?

Can your old-man heart handle all this excitement?

**Sam Odom** · 02-22-21, 09:19 AM

Originally posted by pablo222

$47.667.83

Are you buying Mr. Odom?

see post #1606