Bitcoin Price Tracking & Discussion -- 2025

[RudyRuetigger]

Rudy you are not clowning (I think), but asking about the cryptos that are digital tokens for actual gold - as in the metal

Example is PAXG Paxos Gold and there are several others

Short version = I like those products. They seem to trade at a slight premium to the mainstream commodities market price.

PAXG says you can request the physical gold sent to you at any time, for a fee. Haven't actually tried that yet.

thanks bro


i saw the wDGLD on blockchain but not on kraken


Your PAXG is not on blockchain but on kraken


i will have to go there if basically the same

[JAKEPEAVY21]

Some more perspective

Bitcoin is up from where it was 7 days ago.

This is why selling a small amount at certain landmark prices(35k, 40, 45k etc) is not a bad idea. You can buy back after corrections at lower prices and increase your overall amount of crypto. I think many people get caught up in the hysteria during big upswings(myself included) and fool themselves into thinking it will never go down again.

[hotcross]

Rudy anytime you see "Wrapped" coin it means basically a crypto-only token on the Ethereum chain.

Meant for digital-only trading

I believe wDGLD you mentioned is "Wrapped Digital Gold"

Again, in brief, you couldn't request physical gold on that token.... But that doesn't mean it isn't supposedly backed in real-world gold ounces.

Take this with a grain of salt, as I'm not the expert

[RudyRuetigger]

Rudy anytime you see "Wrapped" coin it means basically a crypto-only token on the Ethereum chain.

Meant for digital-only trading

I believe wDGLD you mentioned is "Wrapped Digital Gold"

Again, in brief, you couldn't request physical gold on that token.... But that doesn't mean it isn't supposedly backed in real-world gold ounces.

Take this with a grain of salt, as I'm not the expert

wow, great info bro


i will definitely look into yours instead

[StackinGreen]

If you hold with conviction, because that's why you bought it, you don't have to bother with the noise, even. Just keep HODLing

My reaction:

Oh look, I was betting football all weekend and I just noticed BTC is lower, dramatically, and not for that good a reason. I think I'll buy some more. Thank you my friends, I'm not worried or frantic, so it matters little to me - you just did me a favor.

[ChuckyTheGoat]

Been reading a book called:

"The Bitcoin Standard" by Ammous

*He was on Max Keiser show at least twice. For u Bitcoin experts, maybe not a lot of new info. But it's a nice walk thru the history of $$. And it serves as a nice affirmation of how soft Fiat $$ is vs Hard $$.

[RudyRuetigger]

Been reading a book called:

"The Bitcoin Standard" by Ammous

*He was on Max Keiser show at least twice. For u Bitcoin experts, maybe not a lot of new info. But it's a nice walk thru the history of $$. And it serves as a nice affirmation of how soft Fiat $$ is vs Hard $$.

if shit hits the fan, i just dont understand why gold is that great


land and ponds/lake would seem most beneficial

[pablo222]

Watch gold and silver tomorrow, I can't help but wonder if some of this BTC selling finds its way
into precious metals.

I was thinking this as well.

Not much movement today.

Silver and gold down a bit.

[milwaukee mike]

This is why selling a small amount at certain landmark prices(35k, 40, 45k etc) is not a bad idea. You can buy back after corrections at lower prices and increase your overall amount of crypto. I think many people get caught up in the hysteria during big upswings(myself included) and fool themselves into thinking it will never go down again.

yeah, it helps to have varying prices and limit orders on each side

got lucky and grabbed some at 31,400... sold at 34,400 and put the buy back in at 32,400

[JIBBBY]

Invest in Bitcoin with peeks and dives if you have the patience to see them. Can make a fortune.. When Bitcoin reaches an all time high now you sell. Wait til it dips hard and then buy again.

You can see the trends peek and dip with Bitcoin to some extent maybe not day to day but week to week.. That's the way I'm playing it.

[raiders72001]

Raiders if you had $5000 to throw on an alt coin which do you choose. Its an extra 5k so risk can be 100%

ETH favorite , then ADA, after that DOT.

[BeatTheJerk]

Invest in Bitcoin with peeks and dives if you have the patience to see them. Can make a fortune.. When Bitcoin reaches an all time high now you sell. Wait til it dips hard and then buy again.

You can see the trends peek and dip with Bitcoin to some extent maybe not day to day but week to week.. That's the way I'm playing it.

Are you using Robinhood to avoid buy/sell fees ?

[StackinGreen]

if shit hits the fan, i just dont understand why gold is that great

land and ponds/lake would seem most beneficial

I frequently challenge goldies with this and I even own physical. Most of their criticisms you can say exactly the same thing about gold - Except BTC is the easiest asset or medium of exchange to move, or move with, of all time. That's an unreal advantage that they discount.

[JIBBBY]

Are you using Robinhood to avoid buy/sell fees ?

Fees are low and I don't buy and or sell every day, like I said week or monthly for me on BIG peeks and dives. Fees are fees.

Very small percentage of the balance in comparison. It's like tipping the dealer after a big win in Vegas on the black jack table. Throw the dealer a chip.

[StackinGreen]

Invest in Bitcoin with peeks and dives if you have the patience to see them. Can make a fortune.. When Bitcoin reaches an all time high now you sell. Wait til it dips hard and then buy again.

You can see the trends peek and dip with Bitcoin to some extent maybe not day to day but week to week.. That's the way I'm playing it.

Jibster, this will catch up to you, eventually. Why not just buy and hold as it goes to 100 then 500k? It's a lot easier, less time consuming, more enjoyable, etc.

[raiders72001]

Rudy anytime you see "Wrapped" coin it means basically a crypto-only token on the Ethereum chain.

Meant for digital-only trading

I believe wDGLD you mentioned is "Wrapped Digital Gold"

Again, in brief, you couldn't request physical gold on that token.... But that doesn't mean it isn't supposedly backed in real-world gold ounces.

Take this with a grain of salt, as I'm not the expert

Good explanation. WBTC is centralized so you have to be careful. It brings BTC to the ETH chain. This way the value of BTC can be used in the DeFi world.

[JIBBBY]

Jibster, this will catch up to you, eventually. Why not just buy and hold as it goes to 100 then 500k? It's a lot easier, less time consuming, more enjoyable, etc.

Can do that long term as well as I believe in bitcoin. It's not going anywhere. Just when you see the peeks and valleys in the trends and you believe Bitcoin will always rebound and go back up you can play it that way also.

[BeatTheJerk]

Fees are low and I don't buy and or sell every day, like I said week or monthly for me on BIG peeks and dives. Fees are fees.

Very small percentage of the balance in comparison. It's like tipping the dealer after a big win in Vegas on the black jack table. Throw the dealer a chip.

Says the Millionaire, I’m not even a Thousandaire

[JIBBBY]

Says the Millionaire, I’m not even a Thousandaire

Then don't tip then Jerky. lol..

Karma is a bitch though..

[BeatTheJerk]

Says the Millionaire, I’m not even a Thousandaire

Hundred Thousandaire rather

[pablo222]

Can do that long term as well as I believe in bitcoin. It's not going anywhere. Just when you see the peeks and valleys in the trends and you believe Bitcoin will always rebound and go back up you can play it that way also.

Thank you for the 4 year old chart.
Very useful

[hotcross]

I frequently challenge goldies with this and I even own physical. Most of their criticisms you can say exactly the same thing about gold - Except BTC is the easiest asset or medium of exchange to move, or move with, of all time. That's an unreal advantage that they discount.

Similarly, the crypto world / community overlooks the possibility of grand-scale hacking or cyber attacks.

Whatcha gonna do when the grid goes down?

or

Heard of the phrase "The Great Reset" ?
Sure...
Reset on it's own has the connotation of a computer reset in these modern times, does it not??

or

Trojan Horse - remember that concept from years long gone by... What was that used for?


Don't get me wrong, I've been in crypto for a very long time. Just playing devil's advocate and giving food for thought on potential pitfalls.

There are pros and cons to everything. I personally consider both sides.

[MickeyMan]

Thank you for the 4 year old chart.
Very useful

[rm18]

There are no fees to invest in bitcoin if you deposit and cashout from sportsbooks

[Rabiddog33]

What Crypto Tax service are you guys using??

[hotcross]

What Crypto Tax service are you guys using??

Law Office of Dewey, Cheetham, & Howe

[milwaukee mike]

What Crypto Tax service are you guys using??

why would you need a tax service? just treat it like any other investment... if you sell then it is a capital gain/loss on schedule D

[eddycash]

Alot of people are talking about a further dip on BTC. I really hope we climb from here and never come back to these levels.

[ChuckyTheGoat]

+17% over roughly 24-hour period. Ever seen an animal like this?

My two-cents is that there might be some market manipulation for some whales to come in at a price they find more desirable price. Just my amateur opinion.

[Arky]

+17% over roughly 24-hour period. Ever seen an animal like this?

My two-cents is that there might be some market manipulation for some whales to come in at a price they find more desirable price. Just my amateur opinion.

No, I was thinking this, too. Could be a battle going on between the trading bots. A few whales that were able to manipulate things some in the past might be having trouble with the "new" whales. Regardless of what is really going on, the market did need a correction and the consolidation time....

[mattyicey]

thoughts on zilliqa? sharding and high ethereum gas fees could be ETH2.0 trading for only 7 cents currently, could be big

[Sam Odom]

It's CRAZY that Sammy was waiting for <30K to BUY again

$30,000.00

think about that... 30 fuking thousand to BUY

[ChuckyTheGoat]

Life is good. Hey, Sam? Did u ever think you'd see something like this?

[Sam Odom]

Did u ever think you'd see something like this?

Not really...

In theory knew it had the potential

[bigtymer56]

It's CRAZY that Sammy was waiting for <30K to BUY again

$30,000.00

think about that... 30 fuking thousand to BUY

....a month ago we were just below 20k.

90 days....12k.