Bitcoin Price Tracking & Discussion -- 2025

**raiders72001** · 05-10-22, 11:27 AM

Originally posted by Accrued Interest

"Decoupling" is pure rationalization. When you point out that BTC moves in line with the stock market, when the stock market goes up, bitcoin goes up. Yeah, but bitcoin goes up a lot more!!! That is not decoupling.

Where did the stock market go Jan 2018 when bitcoin crashed? There have been positive correlations, negative correlations as well as insignificant periods.

**raiders72001** · 05-10-22, 11:43 AM

If bitcoin were in a bull run right now, everyone would go back to saying that bitcoin is a hedge against inflation when the simple explanation is that bitcoin has cycles. It'll change some day but hasn't yet. And there will always be short term movements based on current news since fluctuation is needed to earn.

The best thing that crypto investors can do right now is do their homework for the next 6 months and be ready for the next run to start.

**raiders72001** · 05-10-22, 12:01 PM

All things Illivium are interesting. Land sale June 2.

**shadymcgrady** · 05-10-22, 12:04 PM

Bitcoin or any other crypto can be shorted or longed with leveraged trading. Institutional whales do it all the time

**Accrued Interest** · 05-10-22, 12:09 PM

Originally posted by raiders72001

Where did the stock market go Jan 2018 when bitcoin crashed? There have been positive correlations, negative correlations as well as insignificant periods.

That's not really an argument. bitcoin is highly speculative. It is going to have some times when it has massively speculative moves. When has bitcoin not gone down when the stock market declined markedly? When has it not gone up when the stock market went up sharply. It is the same thing. It trades for the same reasons.

**raiders72001** · 05-10-22, 12:27 PM

Originally posted by shadymcgrady

Bitcoin or any other crypto can be shorted or longed with leveraged trading. Institutional whales do it all the time

A lot such as Saylor really don't care about movement. He's in long term DCA throwing billions in. His only worry is the $21m liquidation but I'm sure the back up plan is in place.

**raiders72001** · 05-10-22, 12:29 PM

Originally posted by Accrued Interest

That's not really an argument. bitcoin is highly speculative. It is going to have some times when it has massively speculative moves. When has bitcoin not gone down when the stock market declined markedly? When has it not gone up when the stock market went up sharply. It is the same thing. It trades for the same reasons.

Google when people thought that bitcoin was a hedge against inflation if you want to find time periods.

**raiders72001** · 05-10-22, 12:34 PM

Originally posted by shadymcgrady

Bitcoin or any other crypto can be shorted or longed with leveraged trading. Institutional whales do it all the time

This is the reason that I felt bitcoin wouldn't drop below $40k. I saw futures as being a type of safety net that would curb drastic fluctuations.

**icon** · 05-10-22, 01:41 PM

$10k btc is not far off.

**shadymcgrady** · 05-10-22, 02:09 PM

Originally posted by raiders72001

A lot such as Saylor really don't care about movement. He's in long term DCA throwing billions in. His only worry is the $21m liquidation but I'm sure the back up plan is in place.

Microstrategy is most likely covered regardless of what happens to the price of Bitcoin but others such as do kwon and terra Luna are in deep sht right now and other institutions are seeing the possibility of that

**Optional** · 05-10-22, 02:19 PM

Originally posted by raiders72001

One problem for BTC is that miner's are now being forced to sell because the rewards are declining.

Tell me more about this Raiders?

Why are rewards declining and what needs to happen to see that reverse?

Does it matter long term if miners divest holdings? Is that just part of how the system is supposed to mature anyway?

**raiders72001** · 05-10-22, 02:34 PM

Originally posted by Optional

Tell me more about this Raiders?

Why are rewards declining and what needs to happen to see that reverse?

Does it matter long term if miners divest holdings? Is that just part of how the system is supposed to mature anyway?

We need to get the price above $34k.

Referencing the BTC production cost indicator from Charles Edwards, CEO of asset manager Capriole, venturefounder revealed that the breakeven point currently stands at $34,000.
"The worst dumps Bitcoin ever had were due to miners capitulation (December 2018, March 2020), when BTC fell below production costs, it is at risk for miner capitulation," he added in comments.

and getting back to the differences between stocks and crypto, miners have caused the biggest crashes.

**raiders72001** · 05-10-22, 02:37 PM

Crypto Liquidations Reach $1 Billion As Sentiment Falls To 10-Month Lows

The total amount of liquidations sits at $1.10 billion on the time of this writing. Longs account for $789.27 million and shorts got here out to a complete of $310.04 million. Bitcoin and Ethereum proceed to rival each other with $354.77 million and $326.51 million in liquidations respectively.Market Sentiment Dives To Hell

Together with the crypto market crash has been the dip in market sentiment. This actually is not any shock as sentiment has been shifting persistently into the adverse for the previous couple of weeks. Nevertheless, the market crash has accelerated this motion.
The Crypto Fear & Greed Index now has a studying of 10. This is likely one of the lowest that the index has ever been previously yr. With the quantity so low, it places the market within the excessive worry territory. Which means traders are warier than ever to place cash into the market, with some opting to liquidate their holdings with a purpose to keep away from extra losses.

https://aiexpress.io/crypto-liquidat...10-month-lows/

**Optional** · 05-10-22, 02:41 PM

Originally posted by raiders72001

We need to get the price above $34k.

Won't the difficulty algorithm address that to some extent?

**raiders72001** · 05-10-22, 02:43 PM

Originally posted by Optional

Won't the difficulty algorithm address that to some extent?

the difficulty is set for 10 minutes but the rewards are in BTC. If the price of BTC goes down, the $ amount of the reward goes down.

**Optional** · 05-10-22, 02:48 PM

Originally posted by raiders72001

the difficulty is set for 10 minutes but the rewards are in BTC. If the price of BTC goes down, the $ amount of the reward goes down.

Oh gotcha. I was thinking about miners stopping mining, as we were talking about rewards in btc dropping I thought.

Oh well if they are staying in the market they will probably plan to buy in again at some point.

I hope/believe that Satoshi and developers thought out these scenarios.

**raiders72001** · 05-10-22, 02:50 PM

Miners sometimes dump OTC which may not affect the price as much. It all depends what happens subsequent to the sale.

**raiders72001** · 05-10-22, 02:55 PM

Originally posted by Optional

Oh gotcha. I was thinking about miners stopping mining, as we were talking about rewards in btc dropping I thought.

Oh well if they are staying in the market they will probably plan to buy in again at some point.

I hope/believe that Satoshi and developers thought out these scenarios.

These guys are definitely smart but Satoshi may not have seen the advent of the huge mining farms controlled by one person or business.

**Yulia74** · 05-10-22, 06:49 PM

coinbase

**DiggityDaggityDo** · 05-10-22, 07:06 PM

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**ChuckyTheGoat** · 05-10-22, 07:09 PM

Originally posted by DiggityDaggityDo

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Truer words never spoken.

**pimike** · 05-10-22, 07:53 PM

Originally posted by icon

$10k btc is not far off.

50 K not to far either.

**raiders72001** · 05-10-22, 08:02 PM

Originally posted by Yulia74

coinbase

That's scary.

**raiders72001** · 05-10-22, 08:06 PM

Originally posted by pimike

50 K not to far either.

If someone is sitting on the sidelines and is willing to hold 2 years, they should pound BTC and ETH. Much better chance of hitting $100k than $10k in the next two years.

**raiders72001** · 05-10-22, 08:10 PM

After the bitcoin run starts, wait a while and then alt season begins. The alts that make the most will be different than the ones that recently hit.

**pimike** · 05-10-22, 08:47 PM

Originally posted by raiders72001

After the bitcoin run starts, wait a while and then alt season begins. The alts that make the most will be different than the ones that recently hit.

Ada in your mind dead or still will be a good investment?

**shadymcgrady** · 05-10-22, 08:50 PM

Originally posted by pimike

Ada in your mind dead or still will be a good investment?

Long term play

**shadymcgrady** · 05-10-22, 08:51 PM

Originally posted by raiders72001

After the bitcoin run starts, wait a while and then alt season begins. The alts that make the most will be different than the ones that recently hit.

I don't see much outside of the usual suspects that hit this past bull run for metaverse tokens. Maybe not gala and the others but it's hard not to imagine sandbox not hitting again

**raiders72001** · 05-10-22, 08:54 PM

Originally posted by pimike

Ada in your mind dead or still will be a good investment?

I agree with Shady that ADA will be good long term. But right now I think that BTC and ETH are the only real plays. Not worth risking it on anything else until the market reverses.

**raiders72001** · 05-10-22, 08:58 PM

Originally posted by shadymcgrady

I don't see much outside of the usual suspects that hit this past bull run for metaverse tokens. Maybe not gala and the others but it's hard not to imagine sandbox not hitting again

Yuga Labs ecosystem, Illuvium ecosystem and move to earn is what I'll be firing away with. Real tough to time everything. I'll try to get land now even if it takes a beating for a year or so. That's the current plan until something else pops up.

**raiders72001** · 05-10-22, 09:03 PM

I'm in FITFI now hoping it does the same as STEPN. Almost identical but FitFi is adding more such as augmented reality.

edit- the article that I quoted has the wrong info.

**raiders72001** · 05-10-22, 09:06 PM

I don't expect a run now with FITFI although it would be nice.

**raiders72001** · 05-10-22, 09:22 PM

Posted about FITFI a couple of weeks ago. It's one of the few that hasn't taken a hit.

Looks like there's going to be a play to earn crypto health craze. Fitfi is similar to Stepn with metaverse integration. SWEAT will be next.

**puckk** · 05-10-22, 10:40 PM

FINAL SCORE:

GOBLINS 1

DO KWON 0

(fuking coksucker)

**Arky** · 05-10-22, 10:56 PM

Does LUNA/UST recover and get past this hiccup? 5 weeks ago it was at ~$116, now it's going for $13.47. That's around a -8.5x (minus)

Human nature thinks "don't touch it", the needle is pointing at "fear". However, if you think it will recover, no better time to buy than right now.

Supposedly, the LUNA/UST crash was brought about by whales cashing out. Almost like it was planned (collusion).