Bitcoin Price Tracking & Discussion -- 2025

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  • themike78
    SBR MVP
    • 07-01-13
    • 4873

    #6441
    Originally posted by ChuckyTheGoat
    Mike, I THINK you meant to use a different word there.

    But point taken. BTC is struggling mightily right now.
    Yes I meant to say no such thing as a bull run. It is obvious that bitcoin will be worth zero by next Wednesday. And all crypto will be nonexistent in 2 weeks.
    Comment
    • raiders72001
      Senior Member
      • 08-10-05
      • 11058

      #6442
      Comment
      • homie1975
        SBR Posting Legend
        • 12-24-13
        • 15451

        #6443
        Originally posted by raiders72001
        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.
        Yup the NASDAQ is my baby and every time we have vomit I take a peek at BTC and alt coins and down down down they go right afterwards.

        it used to be that Crypto was looked at like Gold is, the hedge, but now it clearly correlates w/ growth tech stocks as more of a risk to the Institutions and the Retail investors alike.
        Comment
        • trobin31
          SBR Hall of Famer
          • 01-09-14
          • 9853

          #6444
          If in fact, the dollar or other financial systems collapse, then yes, Gold, Bitcoin will become disconnected from overall financial system. There’s 120 trillion dollars in the bond market, unless this comes unwinded your are the Feds byatch. I tried to explain this multiple times but just was accused of not understanding Bitcoin. It’s not Bitcoin that needs to be understood, it’s economics.
          Comment
          • raiders72001
            Senior Member
            • 08-10-05
            • 11058

            #6445
            Originally posted by trobin31
            If in fact, the dollar or other financial systems collapse, then yes, Gold, Bitcoin will become disconnected from overall financial system. There’s 120 trillion dollars in the bond market, unless this comes unwinded your are the Feds byatch. I tried to explain this multiple times but just was accused of not understanding Bitcoin. It’s not Bitcoin that needs to be understood, it’s economics.
            You have to understand bitcoin, 4 year cycle, hashrate and onchain analysis. Bitcoin is going through a bull run near the next halving cycle and nothing is going to change that. The short term correlations will continue if tech is going up at that time.

            The key right now is to figure out what sectors to be in when the bitcoin bull market begins. A couple of years ago it was defi, then changed to NFTs, metaverse, play to earn. Gun to my head today I would say it'll be move to earn, VeVe/Ecomi/Omi, Yuga labs NFTs/metaverse/land, along with other NFTs and metaverses that will pop up.
            Last edited by raiders72001; 05-09-22, 12:04 AM.
            Comment
            • raiders72001
              Senior Member
              • 08-10-05
              • 11058

              #6446
              A lot of L1s are going to die. ETH upgrade is very important. MWEB could be huge for LTC. If the privacy aspect delists LTC at US exchanges, then it will slide.
              Comment
              • raiders72001
                Senior Member
                • 08-10-05
                • 11058

                #6447
                I'm scooping up a lot of new things such as HRO hybrid NFTs. I have a box full and haven't even opened them up. If they hit in a year, then I'll open and scan to see what I have.
                Comment
                • raiders72001
                  Senior Member
                  • 08-10-05
                  • 11058

                  #6448
                  There hasn't been a strong correlation between bitcoin and the stock market until 2020. During the biggest stock market crashes since 2018, bitcoin has moved first. The stock market followed and it can be days.
                  Comment
                  • shadymcgrady
                    SBR Posting Legend
                    • 02-27-12
                    • 10036

                    #6449
                    Max Payne otw
                    Comment
                    • jjgold
                      SBR Aristocracy
                      • 07-20-05
                      • 388189

                      #6450
                      No such thing as a bottom

                      Guys trading that angle buried now
                      Comment
                      • Sawyer
                        SBR Hall of Famer
                        • 06-01-09
                        • 7710

                        #6451
                        Guys, never try to spot the bottom. Just DCA when Bitcoin price is cheap. Study 4-Year Cycles. Bitcoin goes 1-1,5 years bull, then 2-2,5 years bear. It's great time to accumulate. It may drop more but I don't think it will drop below 19-20k.
                        Comment
                        • dlowilly
                          SBR Posting Legend
                          • 11-09-16
                          • 13862

                          #6452
                          Originally posted by Sawyer
                          Guys, never try to spot the bottom. Just DCA when Bitcoin price is cheap. Study 4-Year Cycles. Bitcoin goes 1-1,5 years bull, then 2-2,5 years bear. It's great time to accumulate. It may drop more but I don't think it will drop below 19-20k.
                          The bottom will be when your mom stops asking about Bitcoin and crypto.com isn’t sponsoring arenas anymore.
                          Comment
                          • themike78
                            SBR MVP
                            • 07-01-13
                            • 4873

                            #6453
                            Originally posted by Sawyer
                            Guys, never try to spot the bottom. Just DCA when Bitcoin price is cheap. Study 4-Year Cycles. Bitcoin goes 1-1,5 years bull, then 2-2,5 years bear. It's great time to accumulate. It may drop more but I don't think it will drop below 19-20k.
                            Wrong. Bitcoin will drop to zero this week and will not even exist anymore in 2 weeks.
                            Comment
                            • shadymcgrady
                              SBR Posting Legend
                              • 02-27-12
                              • 10036

                              #6454
                              Where's goat and all the other guys that like to show up with lawn chairs during the bear markets? It's piñata season for them right now
                              Comment
                              • trobin31
                                SBR Hall of Famer
                                • 01-09-14
                                • 9853

                                #6455
                                If you think halving cycle and hash rates will continue to dictate price you might be in For a very rude awakening. just because on chain analysis predicted price before, the adoption and institutional involvement makes it like any asset which can be manipulated by anyone with enough money to keep price pinned down, including the exchanges/market makers/governments. Do not assume next halving will see lead to price increase.
                                Comment
                                • shadymcgrady
                                  SBR Posting Legend
                                  • 02-27-12
                                  • 10036

                                  #6456
                                  Originally posted by trobin31
                                  I'm GG on this convo...I think I done enough for those who care to listen..get your scraps off exchange and into cold wallet...peace yall
                                  Welcome back, you off your meds again this time?
                                  Comment
                                  • shadymcgrady
                                    SBR Posting Legend
                                    • 02-27-12
                                    • 10036

                                    #6457
                                    Where's the guy with the pot bellied pig as his avatar? When is he gonna show up to tell everyone he told us so?
                                    Comment
                                    • raiders72001
                                      Senior Member
                                      • 08-10-05
                                      • 11058

                                      #6458
                                      Originally posted by trobin31
                                      If you think halving cycle and hash rates will continue to dictate price you might be in For a very rude awakening. just because on chain analysis predicted price before, the adoption and institutional involvement makes it like any asset which can be manipulated by anyone with enough money to keep price pinned down, including the exchanges/market makers/governments. Do not assume next halving will see lead to price increase.
                                      It was much easier to manipulate in the past. Institutions have changed the game which is why the highs and lows aren't as drastic. What are miners going to do when their profits are cut in half?
                                      Comment
                                      • Arky
                                        SBR MVP
                                        • 12-09-11
                                        • 1095

                                        #6459
                                        Originally posted by dlowilly
                                        TRX bucking the freefall, interesting
                                        Tron is coming out with their own stablecoin called USDD. I think that's what that is all about.

                                        --------------------------------------------------------

                                        Times like these, many run to stablecoins or cash. While not a bad idea, when everybody does it...

                                        Colin (who's opinion I respect), thinks it's 50:50 from here on out. Could be more bull, could be more bear. I know, not exactly Nostradamus stuff but he explains both sides. Also, talks about still being "coupled" to stocks....

                                        Bitcoin just tested the 100 week moving average line two days in a row. What does dropping below this line mean, historically?


                                        Runs about 20 mins. if you have nothing better to do.
                                        Comment
                                        • trobin31
                                          SBR Hall of Famer
                                          • 01-09-14
                                          • 9853

                                          #6460
                                          Originally posted by shadymcgrady
                                          Welcome back, you off your meds again this time?
                                          I literally told you crypto was gonna get gutted once the Fed started taking out liquidity and got mocked, problem with you guys is you don’t like to listen.

                                          if you think this warning about financial system and exchanges getting cyber attacked as this war escalates is far fetched I have very little left to offer to improve your cognition .
                                          Comment
                                          • themike78
                                            SBR MVP
                                            • 07-01-13
                                            • 4873

                                            #6461
                                            Huge loss for bitcoin today. It will go down to 10,000 tonight and then zero by the end of the week. The end of crypto is here.
                                            Comment
                                            • Yulia74
                                              SBR MVP
                                              • 08-28-18
                                              • 1907

                                              #6462
                                              is Do Kwon of Terra Luna selling his bitcoins? withdrew his 42.5K bitcoins
                                              UST is depegging
                                              Comment
                                              • shadymcgrady
                                                SBR Posting Legend
                                                • 02-27-12
                                                • 10036

                                                #6463
                                                Originally posted by trobin31
                                                I literally told you crypto was gonna get gutted once the Fed started taking out liquidity and got mocked, problem with you guys is you don’t like to listen.

                                                if you think this warning about financial system and exchanges getting cyber attacked as this war escalates is far fetched I have very little left to offer to improve your cognition .
                                                I have no idea who you think us is or what you're rambling about, I tend to take what you post with two grains of sht from the looney bin. How many times do you pat yourself on the back just to hear yourself talk guy? Get a grip, I could throw 50 predictions on the wall a day and come back here and beat my chest when one of them finally hits as well. Actually no I couldn't do that so good on you little guy
                                                Comment
                                                • raiders72001
                                                  Senior Member
                                                  • 08-10-05
                                                  • 11058

                                                  #6464
                                                  Originally posted by Yulia74
                                                  is Do Kwon of Terra Luna selling his bitcoins? withdrew his 42.5K bitcoins
                                                  UST is depegging
                                                  https://bitinfocharts.com/bitcoin/ad...vt2k76zs50tv4q
                                                  I don't know what type of monkey business they're playing but he has a $10m bet with GCR.
                                                  Comment
                                                  • Accrued Interest
                                                    SBR High Roller
                                                    • 04-02-22
                                                    • 145

                                                    #6465
                                                    It depends on the Federal Reserve and what they do with the stock market. This is the beginning of a long-term trend down. Good chance it drops 80% here. If the stock market tanks, it's over.

                                                    If they panic and prop up the market at 3500, it can have a move up.
                                                    Comment
                                                    • raiders72001
                                                      Senior Member
                                                      • 08-10-05
                                                      • 11058

                                                      #6466
                                                      Edward Moya, senior market strategist at currency data provider OANDA, notes that institutional buyers are starting to pay close attention to Bitcoin, given that many who got in during 2021 are now losing money on their investment. "If the $30,000 level breaks, that could trigger a flash crash environment if several whales unload," he says.
                                                      ....
                                                      Comment
                                                      • Accrued Interest
                                                        SBR High Roller
                                                        • 04-02-22
                                                        • 145

                                                        #6467
                                                        Everybody jumps in at the top. That is why it is the top.
                                                        Comment
                                                        • ChuckyTheGoat
                                                          BARRELED IN @ SBR!
                                                          • 04-04-11
                                                          • 36869

                                                          #6468
                                                          Originally posted by raiders72001
                                                          ....
                                                          Raider, does that talk mean anything?

                                                          I'd think $30k is more likely to trigger a BUY (than a sell).
                                                          Where's the fuckin power box, Carol?
                                                          Comment
                                                          • Arky
                                                            SBR MVP
                                                            • 12-09-11
                                                            • 1095

                                                            #6469
                                                            Originally posted by Yulia74
                                                            is Do Kwon of Terra Luna selling his bitcoins? withdrew his 42.5K bitcoins
                                                            UST is depegging
                                                            https://bitinfocharts.com/bitcoin/ad...vt2k76zs50tv4q
                                                            I saw something on this in one of the many updates I get. Pretty sure it was something to do with loaning his Bitcoin out to create stability and/or revenue for the Terra Blockchain. I don't have a link or anything but it didn't strike me as a big deal...



                                                            -----------------------------------------------------------------

                                                            Toby on UST losing its peg (RT = 2:38). Now at .945 cents!



                                                            ----------------------------------------------------------------

                                                            Seems as though most governments are up to no good these days including our own. Beware the cyber-attacks and false flags they may generate to get public sympathy because it is "they" who are the bad guys.... Saw where they are trying to ban Russian-owned Kaspersky Antivirus because they might be stealing our data. I use Kaspersky, eheh. They already banned it in government IT departments. Old timers will remember the Red Scare. It's the Red Scare all over again.
                                                            Last edited by Arky; 05-09-22, 04:13 PM.
                                                            Comment
                                                            • raiders72001
                                                              Senior Member
                                                              • 08-10-05
                                                              • 11058

                                                              #6470
                                                              Originally posted by ChuckyTheGoat
                                                              Raider, does that talk mean anything?

                                                              I'd think $30k is more likely to trigger a BUY (than a sell).
                                                              I agree with you. A lot of high profile people seem to make statements for their own benefit.
                                                              Comment
                                                              • Accrued Interest
                                                                SBR High Roller
                                                                • 04-02-22
                                                                • 145

                                                                #6471
                                                                Inflation is primarily being created by investment speculation. The only way they can get a handle on it is to drive down asset prices. Bitcoin has to go. It is just a question of how long people keep the faith. Look at NFTs. That is the first wave.
                                                                Comment
                                                                • Accrued Interest
                                                                  SBR High Roller
                                                                  • 04-02-22
                                                                  • 145

                                                                  #6472
                                                                  The stock market has been going up because everybody knew the Federal Reserve wanted it to go up to help the economy. So anytime it went down, they knew the Fed would help them out and pump it back up. That is probably over. That is why the market is going down fast. They know the Fed is not coming in anymore. The market is on its own.

                                                                  Bitcoin has always been a leveraged play on the stock market. People just did not know it.

                                                                  The question here is can the Fed hold out. Can the US economy survive without an inflated market. The answer is probably no. But they are probably not going to try to run it up so how far down it goes is anybody's guess until they ring the bell.
                                                                  Comment
                                                                  • Arky
                                                                    SBR MVP
                                                                    • 12-09-11
                                                                    • 1095

                                                                    #6473
                                                                    Originally posted by Accrued Interest
                                                                    The stock market has been going up because everybody knew the Federal Reserve wanted it to go up to help the economy. So anytime it went down, they knew the Fed would help them out and pump it back up. That is probably over. That is why the market is going down fast. They know the Fed is not coming in anymore. The market is on its own.

                                                                    Bitcoin has always been a leveraged play on the stock market. People just did not know it.

                                                                    The question here is can the Fed hold out. Can the US economy survive without an inflated market. The answer is probably no. But they are probably not going to try to run it up so how far down it goes is anybody's guess until they ring the bell.
                                                                    No question the dollar is doomed. Gonna be hard times ahead. 401K's could be worthless overnight. I don't know about anyone else but I got into crypto to hedge. Crypto has a better chance than the dollar, IMO.... We'll see....
                                                                    Comment
                                                                    • Accrued Interest
                                                                      SBR High Roller
                                                                      • 04-02-22
                                                                      • 145

                                                                      #6474
                                                                      Originally posted by Arky
                                                                      No question the dollar is doomed. Gonna be hard times ahead. 401K's could be worthless overnight. I don't know about anyone else but I got into crypto to hedge. Crypto has a better chance than the dollar, IMO.... We'll see....
                                                                      No, US dollar is strong because it is strongest asset in the world. Money is all about confidence. The US is the big dog so you put your money with the US when times are tough because they will back their money.
                                                                      Comment
                                                                      • Arky
                                                                        SBR MVP
                                                                        • 12-09-11
                                                                        • 1095

                                                                        #6475
                                                                        Originally posted by Accrued Interest
                                                                        No, US dollar is strong because it is strongest asset in the world. Money is all about confidence. The US is the big dog so you put your money with the US when times are tough because they will back their money.
                                                                        Oh, goodness. No, they back their money by printing more out of thin air. The budget is 30T in debt. It's a doomed system.
                                                                        Comment
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