Bitcoin Price Tracking & Discussion -- 2025

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  • ThaTopMoron
    BARRELED IN @ SBR!
    • 04-30-10
    • 27018

    #6406
    oh no it dropped below 40 again for a bit?

    i should panic sell
    Comment
    • shadymcgrady
      SBR Posting Legend
      • 02-27-12
      • 10036

      #6407
      Originally posted by bigtymer56
      I'll have a check out the Safedin Ammous vid. See if there any other interesting vids, that arent just already rich people talking about how great bitcoin is.

      Tried watching the Jack Mallers strike presentation. Seems like they are trying to replace banks/************ companies as the middle man between customers and merchants. Will have to keep an eye on that and how easy it is to use.


      It's not beneficial for anyone except the merchant. The conference was Bitcoin maxi circle jerking each other. Lightning network or not tell me, why would anyone want to pay for something with BTC? What incentive does the merchant offer? If anything it helps the merchant become relieved from the 3.5 percent ************ usually charge but nothing for the end consumer
      Comment
      • shadymcgrady
        SBR Posting Legend
        • 02-27-12
        • 10036

        #6408
        Originally posted by raiders72001
        We needed to get some big news at the conference which we didn't get this year. Last year El Salvador announced that bitcoin was legal tender.
        Some people thought Brazil was going to announce adoption during the conference
        Comment
        • raiders72001
          Senior Member
          • 08-10-05
          • 11057

          #6409
          Originally posted by shadymcgrady
          Some people thought Brazil was going to announce adoption during the conference
          That would have been huge. Instead we got a couple of small islands.
          Comment
          • ChuckyTheGoat
            BARRELED IN @ SBR!
            • 04-04-11
            • 36852

            #6410
            Originally posted by raiders72001
            That would have been huge. Instead we got a couple of small islands.
            Yes. So small that you'd have to be a master of World Geography to recognize those regions.
            Where's the fuckin power box, Carol?
            Comment
            • ChuckyTheGoat
              BARRELED IN @ SBR!
              • 04-04-11
              • 36852

              #6411
              If you believe the polls...here are two countries most likely to be next on the List:

              1 Paraguay Americas PYG
              2 Venezuela
              Where's the fuckin power box, Carol?
              Comment
              • Yulia74
                SBR MVP
                • 08-28-18
                • 1907

                #6412
                Inflationary pressures remain strong

                Comment
                • ChuckyTheGoat
                  BARRELED IN @ SBR!
                  • 04-04-11
                  • 36852

                  #6413
                  Originally posted by Yulia74
                  Inflationary pressures remain strong
                  Yes, Yulia. In Saloon, I started a thread on Inflation stats a while back. Didn't gain much traction.

                  Might be time to watch this again. Think the inflation just continues. Track your grocery prices.

                  Grocery inflation is surely blowing through the stated CPI. By at least a factor of 2x.
                  Where's the fuckin power box, Carol?
                  Comment
                  • StackinGreen
                    SBR Posting Legend
                    • 10-09-10
                    • 12140

                    #6414
                    Originally posted by ChuckyTheGoat
                    Yes, Yulia. In Saloon, I started a thread on Inflation stats a while back. Didn't gain much traction.

                    Might be time to watch this again. Think the inflation just continues. Track your grocery prices.

                    Grocery inflation is surely blowing through the stated CPI. By at least a factor of 2x.
                    It'll keep running, yes CPI what a crock, on so many levels (beyond them changing it over the years).

                    BTC will really break out, it appears, next year. Who knows though, we might have a surprise left in the 2H this year.
                    Comment
                    • Yulia74
                      SBR MVP
                      • 08-28-18
                      • 1907

                      #6415
                      Comment
                      • shadymcgrady
                        SBR Posting Legend
                        • 02-27-12
                        • 10036

                        #6416
                        Originally posted by ChuckyTheGoat
                        Yes, Yulia. In Saloon, I started a thread on Inflation stats a while back. Didn't gain much traction.

                        Might be time to watch this again. Think the inflation just continues. Track your grocery prices.

                        Grocery inflation is surely blowing through the stated CPI. By at least a factor of 2x.
                        Costco runs are nearly the price of a television these days
                        Comment
                        • Yulia74
                          SBR MVP
                          • 08-28-18
                          • 1907

                          #6417
                          every time the fed hikes, something breaks, so cool

                          fuk the haters
                          Comment
                          • StackinGreen
                            SBR Posting Legend
                            • 10-09-10
                            • 12140

                            #6418
                            Good buying opportunity. When's the Fed May hike?
                            Comment
                            • ChuckyTheGoat
                              BARRELED IN @ SBR!
                              • 04-04-11
                              • 36852

                              #6419
                              Originally posted by StackinGreen
                              Good buying opportunity. When's the Fed May hike?
                              I think so, Green. Wow, on Friday literally the whole board was Red. I couldn't find one asset that was up in value.

                              The govt has messed up badly. Even the base metals have gone up over time. Value of the penny/nickel is now well over Face Value.
                              Where's the fuckin power box, Carol?
                              Comment
                              • StackinGreen
                                SBR Posting Legend
                                • 10-09-10
                                • 12140

                                #6420
                                Originally posted by ChuckyTheGoat
                                I think so, Green. Wow, on Friday literally the whole board was Red. I couldn't find one asset that was up in value.

                                The govt has messed up badly. Even the base metals have gone up over time. Value of the penny/nickel is now well over Face Value.
                                Yes, but I'm specifically talking about BTC and I've been in commodities for a while, in any case. I wouldn't touch growth/tech, ARKK can continue to get crushed. BTC may be correlated still for the rest of the year, but little by little it is decoupling. I see a breakout in 2023 to over 100k.
                                Comment
                                • themike78
                                  SBR MVP
                                  • 07-01-13
                                  • 4873

                                  #6421
                                  Bitcoin down big this week. It will reach zero by Tuesday morning.
                                  Comment
                                  • floki
                                    SBR MVP
                                    • 02-07-19
                                    • 1139

                                    #6422
                                    Originally posted by themike78
                                    Bitcoin down big this week. It will reach zero by Tuesday morning.
                                    get your tampons ready ladies
                                    Comment
                                    • Yulia74
                                      SBR MVP
                                      • 08-28-18
                                      • 1907

                                      #6423
                                      Originally posted by floki
                                      get your tampons ready ladies

                                      apple microsoft earnings reports next week
                                      Comment
                                      • puckk
                                        SBR Sharp
                                        • 08-22-16
                                        • 373

                                        #6424
                                        AMAZON - beautiful monthly candle

                                        nice long red bearish engulfing
                                        Last edited by puckk; 04-29-22, 11:36 AM.
                                        Comment
                                        • shadymcgrady
                                          SBR Posting Legend
                                          • 02-27-12
                                          • 10036

                                          #6425
                                          Key number to watch if BTC falls below 21k, Michael saylor is staring at a margin call for all those satoshis
                                          Comment
                                          • puckk
                                            SBR Sharp
                                            • 08-22-16
                                            • 373

                                            #6426
                                            hoping for family, good friends and neighbors to capitulate so i can start buying
                                            Comment
                                            • themike78
                                              SBR MVP
                                              • 07-01-13
                                              • 4873

                                              #6427
                                              Another huge loss for bitcoin yesterday. One of the biggest ever. By Thursday of next week bitcoin will drop to 75 cents.
                                              Comment
                                              • Johnnythunder
                                                SBR MVP
                                                • 11-25-10
                                                • 2161

                                                #6428
                                                Seriously how low is this going??
                                                Comment
                                                • puckk
                                                  SBR Sharp
                                                  • 08-22-16
                                                  • 373

                                                  #6429
                                                  this was ur sell signal


                                                  Comment
                                                  • dlowilly
                                                    SBR Posting Legend
                                                    • 11-09-16
                                                    • 13862

                                                    #6430
                                                    TRX bucking the freefall, interesting
                                                    Comment
                                                    • themike78
                                                      SBR MVP
                                                      • 07-01-13
                                                      • 4873

                                                      #6431
                                                      Originally posted by Johnnythunder
                                                      Seriously how low is this going??
                                                      Until it reaches zero in a few days.
                                                      Comment
                                                      • themike78
                                                        SBR MVP
                                                        • 07-01-13
                                                        • 4873

                                                        #6432
                                                        Another huge loss for bitcoin today. It should reach zero by the middle of next week.
                                                        Comment
                                                        • raiders72001
                                                          Senior Member
                                                          • 08-10-05
                                                          • 11057

                                                          #6433
                                                          I figured that the low was going to be $40k this bear cycle with institutions acting as a safety net. Even though the price dropped below that $40k mark, $30k would be a shocker. A recession in 2023 could be huge for bitcoin near the end of 2023. It would coincide with the beginning of the bitcoin bull run.
                                                          Comment
                                                          • homie1975
                                                            SBR Posting Legend
                                                            • 12-24-13
                                                            • 15450

                                                            #6434
                                                            it goes as the Nasdaq goes......
                                                            Comment
                                                            • ChuckyTheGoat
                                                              BARRELED IN @ SBR!
                                                              • 04-04-11
                                                              • 36852

                                                              #6435
                                                              Originally posted by homie1975
                                                              it goes as the Nasdaq goes......
                                                              Yes, that's the trend. High correlation.

                                                              I don't see the de-coupling. This isn't good.

                                                              I still need to hear more about the Use Case in impoverished nations. You hear SOME of this from Central America and Africa. But not enough.
                                                              Where's the fuckin power box, Carol?
                                                              Comment
                                                              • themike78
                                                                SBR MVP
                                                                • 07-01-13
                                                                • 4873

                                                                #6436
                                                                Originally posted by raiders72001
                                                                I figured that the low was going to be $40k this bear cycle with institutions acting as a safety net. Even though the price dropped below that $40k mark, $30k would be a shocker. A recession in 2023 could be huge for bitcoin near the end of 2023. It would coincide with the beginning of the bitcoin bull run.
                                                                There will be more such thing as a bitcoin bull run. Everyday from now on it will go lower and lower until it reaches zero. Once it reaches zero it will not exist anymore. The same thing will happen with all cryotocurrency. None of it will exist anymore in a few months.
                                                                Comment
                                                                • ChuckyTheGoat
                                                                  BARRELED IN @ SBR!
                                                                  • 04-04-11
                                                                  • 36852

                                                                  #6437
                                                                  Originally posted by themike78
                                                                  There will be more such thing as a bitcoin bull run. Everyday from now on it will go lower and lower until it reaches zero. Once it reaches zero it will not exist anymore. The same thing will happen with all cryotocurrency. None of it will exist anymore in a few months.
                                                                  Mike, I THINK you meant to use a different word there.

                                                                  But point taken. BTC is struggling mightily right now.
                                                                  Where's the fuckin power box, Carol?
                                                                  Comment
                                                                  • k13
                                                                    SBR Posting Legend
                                                                    • 07-16-10
                                                                    • 18077

                                                                    #6438
                                                                    Originally posted by Johnnythunder
                                                                    Seriously how low is this going??
                                                                    10k..
                                                                    Everything going back to pre covid eventually
                                                                    Comment
                                                                    • raiders72001
                                                                      Senior Member
                                                                      • 08-10-05
                                                                      • 11057

                                                                      #6439
                                                                      Originally posted by ChuckyTheGoat
                                                                      Yes, that's the trend. High correlation.

                                                                      I don't see the de-coupling. This isn't good.

                                                                      I still need to hear more about the Use Case in impoverished nations. You hear SOME of this from Central America and Africa. But not enough.
                                                                      I've obviously had a change of heart on the correlation because there definitely is now where there wasn't in the past. There's a higher percentage of times that bitcoin has moved first, rather than vice-versa. Not sure if the Asian market is the first indicator or not yet.

                                                                      Bitcoin will continue it's 4 year cycle so I still see the decoupling unless the stock market rises during late 2023- 2024. Miner's are stuck if there's no price increase and rewards are cut in half.
                                                                      Comment
                                                                      • trobin31
                                                                        SBR Hall of Famer
                                                                        • 01-09-14
                                                                        • 9853

                                                                        #6440
                                                                        Central banks and Fed control liquidity…their decisions are driven by economic indicators…end of discussion…sooner you realize and accept this the less money you will lose
                                                                        Comment
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