Bitcoin Price Tracking & Discussion -- 2025

**JoeCool20** · 06-14-21, 04:37 PM

Originally posted by DwightShrute

yes for sure.

sold it and keeping 1.5 bitcoin to see what happens.

So far, turned about $7,800 into about $167K

wow that is incredible. Congrats.

**DwightShrute** · 06-14-21, 04:50 PM

Originally posted by ace7550

Did you buy in 2017? I bought Summer of 2017. Couple buddies did too. Good times

ya the company I was working for offered to pay me in BTC if I wanted. I agreed for a few paychecks and loaned some BTC to the my new company with the agreement they would pay me back double. It was 8K then.

**DwightShrute** · 06-14-21, 04:51 PM

Originally posted by JoeCool20

wow that is incredible. Congrats.

Thanks man. Its nice to be lucky sometimes.

**ace7550** · 06-14-21, 04:53 PM

Originally posted by DwightShrute

ya the company I was working for offered to pay me in BTC if I wanted. I agreed for a few paychecks and loaned some BTC to the my new company with the agreement they would pay me back double. It was 8K then.

That's crazy, what company was willing to pay in BTC back then?

**ChuckyTheGoat** · 06-14-21, 05:01 PM

Originally posted by ace7550

That's crazy, what company was willing to pay in BTC back then?

Dwight Shrute, aka Russell Okung!

**DwightShrute** · 06-14-21, 05:05 PM

Originally posted by ace7550

That's crazy, what company was willing to pay in BTC back then?

offshore sportsbook

either that or cash

**DwightShrute** · 06-14-21, 05:15 PM

Originally posted by ChuckyTheGoat

Dwight Shrute, aka Russell Okung!

19 years ago I bought 1000 shares in infowave @ 50 cents on the Vancouver stock exchange with Canacord. It opened at $1 and a couple years later I sold it at $4.40. Six weeks later, Bell Canada bought the company and it ballooned to $92 per share in a couple weeks. A few months later it was 2 cents a share. I am still kicking myself but this makes up for it somewhat.

**ace7550** · 06-14-21, 05:35 PM

Originally posted by DwightShrute

19 years ago I bought 1000 shares in infowave @ 50 cents on the Vancouver stock exchange with Canacord. It opened at $1 and a couple years later I sold it at $4.40. Six weeks later, Bell Canada bought the company and it ballooned to $92 per share in a couple weeks. A few months later it was 2 cents a share. I am still kicking myself but this makes up for it somewhat.

We all have these types of stories. No one can tell the future. Just focus on your wins and forget your losses. Best you can do.
Sounds like BTC made up for it and then some.

**DwightShrute** · 06-14-21, 05:48 PM

Originally posted by ace7550

We all have these types of stories. No one can tell the future. Just focus on your wins and forget your losses. Best you can do.
Sounds like BTC made up for it and then some.

**ChuckyTheGoat** · 06-14-21, 05:53 PM

Originally posted by ace7550

We all have these types of stories. No one can tell the future. Just focus on your wins and forget your losses. Best you can do.
Sounds like BTC made up for it and then some.

This is SBR. Everyone knows the answers after the games go final.

Very true, tho. You try to get it in good and hope for the best. That's it.

**Checkerboard** · 06-14-21, 10:19 PM

Hopefully Bitcoin breaks 41, instead of going back below 40.

**stake1** · 06-14-21, 10:51 PM

Been a fun past couple days that is for sure

**pimike** · 06-14-21, 11:06 PM

Originally posted by Checkerboard

Hopefully Bitcoin breaks 41, instead of going back below 40.

Going down a tad

**MickeyMan** · 06-15-21, 12:00 AM

Originally posted by DwightShrute

yes for sure.

sold it and keeping 1.5 bitcoin to see what happens.

So far, turned about $7,800 into about $167K

Congrats, love hearing stories like this.

Also glad you didn’t sell it all haha

**JIBBBY** · 06-15-21, 03:14 AM

Well, what is trending with Bitcoin is it hovered around 37,000 for week then spiked. Now it's kinda holding steady now at 40,000.. Give it time be patient fellas. It's on the up trend. Baby steps..

I think it will get to 50,000 in time again, no problem.

**ace7550** · 06-15-21, 08:57 AM

This may be useless info for some but I thought I'd share it cuz I think it's interesting.

403 - Forbidden

https://btc.com/stats/diff

This shows the history of the hashrate for the BTC network. The hashrate is how much processing power is being given to the BTC network.
I find it interesting that the hashrate has gone down significantly over the last month and is projected to go down another 5.62% at the end of June. On June 28th/29th the hashrate for the BTC network will be the lowest its been this year.

**pimike** · 06-15-21, 11:13 AM

Originally posted by JIBBBY

Well, what is trending with Bitcoin is it hovered around 37,000 for week then spiked. Now it's kinda holding steady now at 40,000.. Give it time be patient fellas. It's on the up trend. Baby steps..

I think it will get to 50,000 in time again, no problem.

Boy have you changed your attitude here. Lol

**bigtymer56** · 06-15-21, 11:22 AM

Originally posted by pimike

Boy have you changed your attitude here. Lol

Sentiment sure does change fast in crypto. This number was at 13 a week ago. Not seeing a calls to drop below 30k at the moment. Being cautiously optimistic we don't have another 25+% drop in then near future.

**biggie12** · 06-15-21, 12:06 PM

Originally posted by bigtymer56

Sentiment sure does change fast in crypto. This number was at 13 a week ago. Not seeing a calls to drop below 30k at the moment. Being cautiously optimistic we don't have another 25+% drop in then near future.

I missed my entry I thought it would come to 28k

**Checkerboard** · 06-15-21, 12:13 PM

Originally posted by biggie12

I missed my entry I thought it would come to 28k

So did I biggie.

**EmpireMaker** · 06-15-21, 12:37 PM

What is the best wallet to use, or what are the 2 or 3 best wallets ? Thanks

**ace7550** · 06-15-21, 01:10 PM

Originally posted by EmpireMaker

What is the best wallet to use, or what are the 2 or 3 best wallets ? Thanks

If you're talking about exchanges I like Kraken and Bittrex

**JIBBBY** · 06-15-21, 01:22 PM

Originally posted by pimike

Boy have you changed your attitude here. Lol

Cause I have real money invested in bittty right now.

I will pull out all my funds when it hits 50,000 and my attitude will change again as I will root for Bitcoin to tank again.

..

**JoeCool20** · 06-15-21, 02:30 PM

Don't know whether it is good or bad, but I'm in again. ETH @ 2661.61

**JoeCool20** · 06-16-21, 11:01 AM

Originally posted by JoeCool20

Don't know whether it is good or bad, but I'm in again. ETH @ 2661.61

Just editing to say that I realize I posted 2661 but I really bought it at 2561 yesterday, but Damn I'm already down about 8% in 12 hours since I made the post about buying ETH.

sorry guys I got buzzard luck when it comes to this crypto stuff.

**Arky** · 06-16-21, 03:55 PM

Originally posted by JoeCool20

Just editing to say that I realize I posted 2661 but I really bought it at 2561 yesterday, but Damn I'm already down about 8% in 12 hours since I made the post about buying ETH.

sorry guys I got buzzard luck when it comes to this crypto stuff.

Gotta give it or month or two. There should be better days ahead.

"Time in the market is better than timing the market".

**JoeCool20** · 06-16-21, 04:21 PM

Originally posted by Arky

Gotta give it or month or two. There should be better days ahead.

"Time in the market is better than timing the market".

Thanks man. Having something go down in price right after a buy is just part of the process.

Like I tell people about buying stocks, EVERYBODY that buys a stock is going to be losing at some point!
Unless they got lucky and picked the dead ass bottom price and it only went up from the time they bought it!

**navyblue81** · 06-16-21, 05:17 PM

Originally posted by JoeCool20

Thanks man. Having something go down in price right after a buy is just part of the process.

Like I tell people about buying stocks, EVERYBODY that buys a stock is going to be losing at some point!
Unless they got lucky and picked the dead ass bottom price and it only went up from the time they bought it!

If you believe in crypto, there’s some good stocks you can get into as well that goes the way crypto goes. Mara and Riot should explode once Btc does. They hit 60-80 dollars a couple months ago and are now hovering around 30. Good bargain buys. And SOS at only $3.80 is a bargain and should fly once Btc cranks up again.

**JIBBBY** · 06-16-21, 05:27 PM

Funny, when ever the DOW tanks you can expect Bitcoin and crypto to plummet as well. It's like they are all connected which they shouldn't be.

**JoeCool20** · 06-16-21, 09:52 PM

Originally posted by navyblue81

If you believe in crypto, there’s some good stocks you can get into as well that goes the way crypto goes. Mara and Riot should explode once Btc does. They hit 60-80 dollars a couple months ago and are now hovering around 30. Good bargain buys. And SOS at only $3.80 is a bargain and should fly once Btc cranks up again.

If there were any stocks tied to ETH then I'd invest in those right now and sit and wait.
But BT-C stocks with BT-C near $40 grand is not something that I'm going to buy.

Access Denied

https://www.cnbc.com/2021/06/17/ethereum-is-outperforming-bitcoin-morgan-stanley-thinks-it-knows-why.html

**Eddy Munny** · 06-17-21, 12:11 PM

Originally posted by JoeCool20

Don't know whether it is good or bad, but I'm in again. ETH @ 2661.61

Did you jinx Ethereum, you dirty dog?

**DISTROYA** · 06-17-21, 01:35 PM

this thing just cant clear 40 and start going back up....these damn drop downs back to 37s driving me nuts

**JoeCool20** · 06-17-21, 03:28 PM

Originally posted by Eddy Munny

Did you jinx Ethereum, you dirty dog?

Hell yes. Now it is the old "Wait a few months."

**MrSink** · 06-18-21, 01:34 AM

I think we got very interesting event right before us , the death cross. It is point in time when two averages cross and that formation in the past was a great bear signal .

I think institutions can play this thing out as self fulfilling prophecy . It is all about great timing and creating as much FUD in the right time as last time . All this nonsense as china banning crypto , banning mining , bitcoin not green , musk is offended etc if launched in a right time can bring bitcoin down to 30k again .

Honestly , I hope it would not happen . The other scenario is that unexpierienced investors are expecting correction . Smart money can play standard revearsal and we can see huge gains . This would be the most convienient scenario .

In case of big drop , I am loading big on 30's range

Curious about your thoughts

**ChuckyTheGoat** · 06-18-21, 08:34 AM

Sink, what is the word on the street re: BIG buyers? Either deep-pocket individuals or institutions.

Within BTC, the conversation has to start w/ the Max 21Mill coins. Then work backwards:
*# not yet mined
*# lost. Most people think this is larger than the avg guy would think.
*# in hands of whales who aren't selling
*# in cold-storage and not moving

Any realistic estimate means there just aren't that many left/available. I think there's a time in the near future where BTC price will just look like a straight-line trend, similar to a fixed interest rate.