Bitcoin Price Tracking & Discussion -- 2025

**milwaukee mike** · 01-20-21, 02:56 PM

Originally posted by Bsims

I actively traded about a half dozen coins in 2020, making several hundred trades. Overall I returned about 3% collectively. But I ran into the problem I described. Once I kept buying coins on a slide and ended up with no cash in the account and a lot of coins that I had to take losses on. Similar on a move upward, sold all the coins leaving lots of cash and no coins. Had to start over at a higher price point.

The process was time consuming each morning to download the previous day's prices, run the program, enter about a dozen buys/sells at limit prices, update transaction records, etc. I finally decided to forgo this work and simply buy and hold. (I do share the view that large upward moves will continue.) In its place, I moved my attention to developing a soccer system. I am just a single old man, working alone, and have limited time available. Hence my priorities change.

I may revisit trading cryptos but only if I can automate the process more, including API's to make the trades. A significant effort and not yet at the top of my priority list.

maybe that's why you're sour on what i do... i sold 5 btc in the 39000s, and rebuy at 2k chunks on the way down

takes almost no time at all to have a limit order buy at 34,400 and when it hits then put in a sell at 36,400

yes btc could run to 100k but i would be OK with that because i am sitting on some... and if it goes down to 0 then at least my entry point on everything i sold will be less than i sold it for

**Ghenghis Kahn** · 01-20-21, 02:56 PM

Old Zionist bitch needs to be in jail not in control of finances of the US but that's how this world is run, by bunch of criminals

**Ghenghis Kahn** · 01-20-21, 02:57 PM

Raider, thoughts on Elrond (EGLD)?

**raiders72001** · 01-20-21, 02:58 PM

This Yellen news may not have a lot of legs. I thought there may be an immediate substantial dump.

**raiders72001** · 01-20-21, 02:59 PM

Originally posted by Ghenghis Kahn

Raider, thoughts on Elrond (EGLD)?

I definitely like EGLD and hold some. I've been scooping up everything that's involved in DeFi. https://www.coingecko.com/en/defi

**raiders72001** · 01-20-21, 03:04 PM

Originally posted by milwaukee mike

maybe that's why you're sour on what i do... i sold 5 btc in the 39000s, and rebuy at 2k chunks on the way down

takes almost no time at all to have a limit order buy at 34,400 and when it hits then put in a sell at 36,400

yes btc could run to 100k but i would be OK with that because i am sitting on some... and if it goes down to 0 then at least my entry point on everything i sold will be less than i sold it for

Nice work. I do something similar but at much smaller percentages and get caught now and then. Sold a small percentage of ETH on the Yellen news. That move may turn out bad.

**milwaukee mike** · 01-20-21, 03:51 PM

Originally posted by raiders72001

Nice work. I do something similar but at much smaller percentages and get caught now and then. Sold a small percentage of ETH on the Yellen news. That move may turn out bad.

you can never lose money taking a profit!

sell things for more than what you paid for them, that's a concept many people seem to have a tough time grasping lol

**Snowball** · 01-20-21, 05:07 PM

Sell.

Janet Yellen suggests 'curtailing' cryptocurrencies such as Bitcoin, saying they are mainly used for illegal financing

Janet Yellen suggests 'curtailing' cryptocurrencies such as Bitcoin, saying they are mainly used for illegal financing

https://markets.businessinsider.com/currencies/news/bitcoin-price-cryptocurrency-should-be-curtailed-terrorism-concerns-yellen-2021-1-1029985692

Janet Yellen, Joe Biden's nominee for treasury secretary, suggested the administration could be tough on cryptocurrencies after huge price increases.

**milwaukee mike** · 01-20-21, 06:57 PM

Originally posted by Snowball

Sell.

Janet Yellen suggests 'curtailing' cryptocurrencies such as Bitcoin, saying they are mainly used for illegal financing

https://markets.businessinsider.com/...1-1-1029985692

yeah i'm sure companies like mass mutual would let their $100 million in bitcoin go to 0 lololol

**jimmy007oc** · 01-20-21, 07:07 PM

bitcoin price has been going up since Yellen news. weirds

**ChuckyTheGoat** · 01-20-21, 07:12 PM

Originally posted by jimmy007oc

bitcoin price has been going up since Yellen news. weirds

Doesn't surprise me! Tells me that she's holding a weak hand. Bad poker-face.

**raiders72001** · 01-20-21, 07:34 PM

Originally posted by jimmy007oc

bitcoin price has been going up since Yellen news. weirds

It went down to $33.6k after the news but then started to climb.

**mattyicey** · 01-20-21, 07:44 PM

still think some people should check out ZIL , eth bridge can be big with a 750-800 ** it has big potential to grow 3-5x+ with a good alt coin bull market

**Fishhead** · 01-20-21, 07:48 PM

Originally posted by bsims

i actively traded about a half dozen coins in 2020, making several hundred trades. Overall i returned about 3% collectively. But i ran into the problem i described. Once i kept buying coins on a slide and ended up with no cash in the account and a lot of coins that i had to take losses on. Similar on a move upward, sold all the coins leaving lots of cash and no coins. Had to start over at a higher price point.

The process was time consuming each morning to download the previous day's prices, run the program, enter about a dozen buys/sells at limit prices, update transaction records, etc. I finally decided to forgo this work and simply buy and hold. (i do share the view that large upward moves will continue.) in its place, i moved my attention to developing a soccer system. I am just a single old man, working alone, and have limited time available. Hence my priorities change.

I may revisit trading cryptos but only if i can automate the process more, including api's to make the trades. A significant effort and not yet at the top of my priority list.

lolol

**jimmy007oc** · 01-20-21, 08:42 PM

I'm not selling. Yellen who? It's not the first time bitcoin got criticized

**raiders72001** · 01-20-21, 11:49 PM

More ETH news.

Cloudflare Steps Into the Distributed Web with Ethereum Name Service

**JoeCool20** · 01-21-21, 05:16 AM

Originally posted by ChuckyTheGoat

I just assumed EVERYONE had JoeCool20 on Ignore.

Only so many brain cells to waste.

LOL Damn Chuck! I had no idea that you had anything against me! We are simply 2 strangers posting

on a website full of degenerate gamblers!

Where the hell did that comment come from?! There are 50 opinions on this thread,

and my opinion gets that comment from you? Damn Chuck! LOL

If you are just going to sit there and hold the shit

and watch it everyday and not set a point to where you cash out a huge gain, then at least

try not to get ill to strangers about it when it tanks a few thousand points!

Bashing total strangers comments doesn't get the price back above $40K! Pal.

**JoeCool20** · 01-21-21, 05:21 AM

Originally posted by milwaukee mike

2012 election price of btc $10
2016 election price of btc $700
2020 election price of btc $13,000

so by your logic all those people in at $10 should've sold somewhere around $50? or should they have waited and dumped it at 700 lol

Well Mikey, my harmless comment was just an observation about what people do when big gains are thrust upon them. If somebody bought at $10 and sold at $50 then they made a FIVE TIMES gain on their money and they shouldn't give a damn what the price is/was from that day forward!

The price of something years after you sell it has no bearing on whether the decision to sell was "correct" or not! You can't sell something for a HUGE gain and then sit there and watch the price to see whether your sell decision was "right" or not! Otherwise you'd just never sell your whole life and then right before you die you could figure out at what point in your life you SHOULD have sold at the highest price in order for it to be considered the "right" decision! LOL

With your "logic" of bringing up the price from 9 years ago while not even bringing up the huge crash from $14K back down to $3.5K in 2018, then my reply is that I will answer you in 9 years from now! LOL

Or I could say, what if it goes to $50K in 9 years? What if it goes to $50K in 9 DAYS? Do you sell it then, or hold on to it for the rest of your life? What is the end game plan? To just sit there and watch it everyday with no plans on when to take profits? When is enough enough?

My comment was about ME! I've made more money in the stock market in the last 10 years than I EVER dreamed! It is more than 20 people would ever need in 20 lifetimes. I could dump all my holdings right now and go live out the fantasy life of all fantasies!
But I have to sell in order to reap a single dime of gains! Then what if all my stocks go up even more after I sell? Why would I care? When do I stop staring at the stock market every day and stop looking at how much my portfolio has gone up (or down) that day and instead sell the stuff and reap the benefits? I know I will NEVER sell if I am going to "worry" about how much money I would have had nine years from now if I hadn't sold for huge gains!

**Sam Odom** · 01-21-21, 05:30 AM

$32.4k

**JoeCool20** · 01-21-21, 06:18 AM

Originally posted by Optional

Greed and Fear.

LOL That should be the name of the game show instead of Deal or no Deal!! "Greed and Fear"!!

Are you "Greedy" if you bought it 2 yrs ago at $4k and then you sold it after it jacked up a THOUSAND

per cent to $40K? Or do you have a "Fear" that it might go up more than a thousand percent after you sold it?

That was the gist of my whole comment! What if somebody told the buyers in 2019 that they could have

a 1000% gain in just 2 years? LOL 99% of them would say OK! But then it really happens and they don't sell

because they are scared that if they sell then they might miss out on a TWO THOUSAND percent gain!

Greed and fear! When is enough enough once it becomes more than you ever dreamed it would be?

**BeatTheJerk** · 01-21-21, 06:47 AM

Originally posted by JoeCool20

Well Mikey, my harmless comment was just an observation about what people do when big gains are thrust upon them. If somebody bought at $10 and sold at $50 then they made a FIVE TIMES gain on their money and they shouldn't give a damn what the price is/was from that day forward!

The price of something years after you sell it has no bearing on whether the decision to sell was "correct" or not! You can't sell something for a HUGE gain and then sit there and watch the price to see whether your sell decision was "right" or not! Otherwise you'd just never sell your whole life and then right before you die you could figure out at what point in your life you SHOULD have sold at the highest price in order for it to be considered the "right" decision! LOL

With your "logic" of bringing up the price from 9 years ago while not even bringing up the huge crash from $14K back down to $3.5K in 2018, then my reply is that I will answer you in 9 years from now! LOL

Or I could say, what if it goes to $50K in 9 years? What if it goes to $50K in 9 DAYS? Do you sell it then, or hold on to it for the rest of your life? What is the end game plan? To just sit there and watch it everyday with no plans on when to take profits? When is enough enough?

My comment was about ME! I've made more money in the stock market in the last 10 years than I EVER dreamed! It is more than 20 people would ever need in 20 lifetimes. I could dump all my holdings right now and go live out the fantasy life of all fantasies!
But I have to sell in order to reap a single dime of gains! Then what if all my stocks go up even more after I sell? Why would I care? When do I stop staring at the stock market every day and stop looking at how much my portfolio has gone up (or down) that day and instead sell the stuff and reap the benefits? I know I will NEVER sell if I am going to "worry" about how much money I would have had nine years from now if I hadn't sold for huge gains!

How much do you actually have in the stock market ?

**Sam Odom** · 01-21-21, 07:08 AM

who is buying at 30K ?

**JoeCool20** · 01-21-21, 07:53 AM

Originally posted by BeatTheJerk

How much do you actually have in the stock market ?

More than I ever imagined it would be when I decided to start making it my full time job

to research and analyze stocks. I truly found my calling, but now I have no idea what to do with it! LOL

**Snowball** · 01-21-21, 07:56 AM

BTC was 37700 when the Yellen news broke yesterday.
Now it is 32600. It just rebounded off 31400 so watch that level.

**BeatTheJerk** · 01-21-21, 08:00 AM

Originally posted by JoeCool20

More than I ever imagined it would be when I decided to start making it my full time job

to research and analyze stocks. I truly found my calling, but now I have no idea what to do with it! LOL

Yeah you didn’t answer the question. If you’re gonna make a statement like you’ve made enough money for 20 people in 20 lifetimes I want an amount or just don’t say shit like that.

**JoeCool20** · 01-21-21, 08:08 AM

Originally posted by BeatTheJerk

Yeah you didn’t answer the question. If you’re gonna make a statement like you’ve made enough money for 20 people in 20 lifetimes I want an amount or just don’t say shit like that.

LOL It is 8:09 am so the pre-markets are open. Whatever figure I gave you would change every few seconds.

**BeatTheJerk** · 01-21-21, 09:15 AM

Originally posted by JoeCool20

LOL It is 8:09 am so the pre-markets are open. Whatever figure I gave you would change every few seconds.

Ball park figure bro come on this ain’t hard. With my calculations you must have 30-40 million dollars in the market according to your 20 people 20 lifetime analogy/comparison.

**d2bets** · 01-21-21, 09:25 AM

Originally posted by BeatTheJerk

Ball park figure bro come on this ain’t hard. With my calculations you must have 30-40 million dollars in the market according to your 20 people 20 lifetime analogy/comparison.

20 people 20 lifetimes means 400 lifetimes. Without income, a person at a middle age easily needs 2-3 mil at least. So he should be talking about close to a billion.

In that case, he should be setting aside large chunks for his favorite charitable causes.

Personally, if I had a billion, I'd make a plan and outsource the day-to-day stuff and not sweat the market. Focus on doing good.

**BeatTheJerk** · 01-21-21, 09:40 AM

Originally posted by d2bets

20 people 20 lifetimes means 400 lifetimes. Without income, a person at a middle age easily needs 2-3 mil at least. So he should be talking about close to a billion.

In that case, he should be setting aside large chunks for his favorite charitable causes.

Personally, if I had a billion, I'd make a plan and outsource the day-to-day stuff and not sweat the market. Focus on doing good.

Even though I may live a more frugal lifestyle with the amount I was referring to, yeah my calculations are way off, Joe is worth way more money than my lazy calculations assumed.

**milwaukee mike** · 01-21-21, 10:20 AM

Originally posted by d2bets

20 people 20 lifetimes means 400 lifetimes. Without income, a person at a middle age easily needs 2-3 mil at least. So he should be talking about close to a billion.

In that case, he should be setting aside large chunks for his favorite charitable causes.

Personally, if I had a billion, I'd make a plan and outsource the day-to-day stuff and not sweat the market. Focus on doing good.

or it could just mean 20 lifetimes, but yeah you're still talking 40 million

let's go for another trip 31k to 40k, the first 2 times were fun

**JoeCool20** · 01-21-21, 10:49 AM

At some point you have to get to the question here. Which is if YOU personally thought that

you had more money than you were ever going to spend, would you sell or just keep holding it

and watching it everyday? At what point do you just say I'll take it?

**d2bets** · 01-21-21, 10:55 AM

Originally posted by JoeCool20

At some point you have to get to the question here. Which is if YOU personally thought that

you had more money than you were ever going to spend, would you sell or just keep holding it

and watching it everyday? At what point do you just say I'll take it?

Why would it be all or nothing?

Obviously don't take excess risk that could imperil your own plan. Just reallocate and diversify from time to time based on your needs and goals to ensure that you will have more than you could ever need and then put the rest to use in a way that will make you happy.

**BeatTheJerk** · 01-21-21, 11:04 AM

Originally posted by JoeCool20

At some point you have to get to the question here. Which is if YOU personally thought that

you had more money than you were ever going to spend, would you sell or just keep holding it

and watching it everyday? At what point do you just say I'll take it?

You’re full of shit Joefool, I bet you don’t have 6 figures in the investment markets. Just my opinion based on how you post & conduct yourself. I don’t want to go back in forth with you about this. You had your chance for a logical response & failed to do so.

**Arky** · 01-21-21, 11:10 AM

My CryptoCompare daily newsletter had this tidbit in it:

FinCEN’s Proposed Crypto Wallet Regulations Frozen by U.S. President Biden

U.S. President Joe Biden has frozen the Federal regulatory process, including the controversial self-hosted crypto wallet regulations proposed by former Treasury Secretary Steven Mnuchin.

The move was announced in a White House memorandum for the heads of various federal agencies, including the Financial Crimes Enforcement Network (FinCEN). It does not specify the crypto wallet proposal, but places a general freeze on all rules pending review, effective for 60 days.

The self-hosted wallet proposal, if passed, would require banks and money service businesses to submit reports, keep records, and verify the identity of users who make transactions to and from private cryptocurrency wallets.

The proposal has been widely criticized in the crypto industry. Square CEO Jack Dorsey, for example, said that counterparty name and address collection should not be required for cryptocurrency, as it isn’t required for cash today.

Some also pointed out that it would not be technically possible for some projects to comply because smart contracts do not contain name or address information.

Second time the Dems have surprised me in the last few days. The other was the proposed opening of borders. Good to have that option if one wants to get out of Dodge.... I'm hearing USA residents have no trouble coming and going to Mexico despite what you hear. The whole close-the-borders-because-of-Covid thing was meant to keep out the immigrants....

**JoeCool20** · 01-21-21, 11:19 AM

Originally posted by BeatTheJerk

You’re full of shit Joefool, I bet you don’t have 6 figures in the investment markets. Just my opinion based on how you post & conduct yourself. I don’t want to go back in forth with you about this. You had your chance for a logical response & failed to do so.

LOL How should I "post" and "conduct" myself on a gambling forum full of degens?

Do I call you full of shit? Do I change your screen name a little bit and call you "BeAJerk"?

How would you say I was "conducting" myself on here if I did childish shit like that which you did?