1. #1
    Sam Odom
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    Bitcoin Price Tracking & Discussion -- 2024

    Jan 1st 2019 = $3,738.11

    Jan 2nd 2020 = $7,154.33

    Jan 1st 2021 = $29,600

    Jan 1st 2022 = $47,686

    Jan 1st 2023 = $16,625

    Jan 1st 2024 = $42,648
    Last edited by Optional; 01-01-24 at 09:25 AM. Reason: update for 2024
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  2. #2
    StackinGreen
    Can't stop Won't stop
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    Atta boy slammin' sammy

    We got this.

  3. #3
    JAKEPEAVY21
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    30k here we come!
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  4. #4
    JohnGalt2341
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    Quote Originally Posted by Sam Odom View Post
    Jan 1st 2019 = $3,738.11

    Jan 2nd 2020 = $7,154.33


    Jan 1st 2021

    $29,600
    I've never used bitcoin as an investment tool until just recently so... I'm not very good at navigating through the Blockchain website. How do I figure out what my account was at a year/or month ago?

  5. #5
    ThaWoj
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    Quote Originally Posted by Sam Odom View Post
    Jan 1st 2019 = $3,738.11

    Jan 2nd 2020 = $7,154.33


    Jan 1st 2021

    $29,600
    January 1st 2022?

  6. #6
    MickeyMan
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    Let’s fukkin go
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  7. #7
    ChuckyTheGoat
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    I have an incredibly dumb question for u. Does the MICKEY refer to:
    1) Mantle?
    2) Ward?
    3) Hatcher?
    4) Rivers?
    5) "...I slipped him a MICKEY"? Ala George Costanza, haha.

  8. #8

  9. #9
    MickeyMan
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    Quote Originally Posted by ChuckyTheGoat View Post
    I have an incredibly dumb question for u. Does the MICKEY refer to:
    1) Mantle?
    2) Ward?
    3) Hatcher?
    4) Rivers?
    5) "...I slipped him a MICKEY"? Ala George Costanza, haha.
    @ #5. Is that Constanza over there? George quitting and then just showing up at work again is a boss move, I actually had a buddy who did that.

    Mantle is the answer tho.
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  10. #10
    shadymcgrady
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    Not sure if anyone has mentioned this but here's some humor in the midst of the bull run

    https://mashable.com/article/john-**...hree-year-bet/

  11. #11
    nyplayer33
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    Just bc it has gone up, does not mean it will continue to.

  12. #12
    ChuckyTheGoat
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    Quote Originally Posted by MickeyMan View Post
    @ #5. Is that Constanza over there? George quitting and then just showing up at work again is a boss move, I actually had a buddy who did that.

    Mantle is the answer tho.
    Awesome! Thanks for quenching my curiosity.

    Happy 2021, Mick.
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  13. #13
    Sam Odom
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    Quote Originally Posted by JAKEPEAVY21 View Post


    30k here we come!

    Flirting with it...

  14. #14
    JAKEPEAVY21
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    Quote Originally Posted by Sam Odom View Post
    Flirting with it...
    $29,736.20

  15. #15
    pablo222
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    $30,301.00!!!
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  16. #16
    JAKEPEAVY21
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    Quote Originally Posted by pablo222 View Post
    $30,301.00!!!

  17. #17
    pablo222
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    $30,932.32...

  18. #18
    Hman
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    I'd like to say congrats to you guys who have hung in there

    I might have beem more inclined to leaving my money in there if it weren't for so many bad experiences with Coinbase.

    I almost blame them directly

  19. #19
    Arky
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    $30,698

    Again, there was a huge buy wall of about $12M at the 30K mark and it just got obliterated. It's like there's a magic bitcoin angel pushing the price past these landmarks. Check out the BGD (big, green d*ldo) on the charts....

    We're starting to get in territory where +/- $1k is a yawner....

  20. #20
    Arky
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    Quote Originally Posted by JohnGalt2341 View Post
    I've never used bitcoin as an investment tool until just recently so... I'm not very good at navigating through the Blockchain website. How do I figure out what my account was at a year/or month ago?
    This might help.

    https://coinmarketcap.com/historical/
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  21. #21
    JAKEPEAVY21
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    Do you entertain cashing out if you could pay off your mortgage in full?

    I know what eddycash's answer would be but would like some other opinions.

  22. #22
    pablo222
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    $31,300.00
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  23. #23
    JAKEPEAVY21
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    Quote Originally Posted by pablo222 View Post
    $31,300.00
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    pablo222 gave JAKEPEAVY21 1 Betpoint(s) for this post.


  24. #24
    Iona
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    Quote Originally Posted by JAKEPEAVY21 View Post
    One word - Parabolic !
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  25. #25
    shadymcgrady
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    Quote Originally Posted by JAKEPEAVY21 View Post
    Do you entertain cashing out if you could pay off your mortgage in full?

    I know what eddycash's answer would be but would like some other opinions.
    That's a loaded question Peavy. If it's a primary residence perhaps, if it's a rental property then it would depend on the tenants and this covid craze. In the end only you can make that decision based on your unique situation. There is no universal right answer, only the ones that let you sleep better

  26. #26
    Arky
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    Quote Originally Posted by JAKEPEAVY21 View Post
    Do you entertain cashing out if you could pay off your mortgage in full?

    I know what eddycash's answer would be but would like some other opinions.
    Mine was been paid off about 15 years ago. Now, I just pay utilities, insurance, county taxes and maintenance.

    You should certainly consider it. Everyone's situation is different. For example, if Bitcoins 10x's from your cost basis, the IRS is gonna dent that. If you've had it longer than a year, you pay a capital gains tax of 20% so the 10x is now 8x. If you've owned the Bitcoin less than a year, you pay a capital gains tax of like 33% (35%? I forget the exact number). So, what was 10x is now down to 6.5x or 7x. You'll have to make a business decision based on future savings vs. liquidating all or part your crypto all the while keeping Uncle Sam happy. I would tend to lean towards the decision that maintains a healthy supply of crypto. What do you think the price of Bitcoin will be in 10 years? It might be better to sell nothing and wait 2 more cycles down the line... Ultimately, it's your decision...

  27. #27
    JAKEPEAVY21
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    Quote Originally Posted by shadymcgrady View Post
    That's a loaded question Peavy. If it's a primary residence perhaps, if it's a rental property then it would depend on the tenants and this covid craze. In the end only you can make that decision based on your unique situation. There is no universal right answer, only the ones that let you sleep better
    Quote Originally Posted by Arky View Post
    Mine was been paid off about 15 years ago. Now, I just pay utilities, insurance, county taxes and maintenance.

    You should certainly consider it. Everyone's situation is different. For example, if Bitcoins 10x's from your cost basis, the IRS is gonna dent that. If you've had it longer than a year, you pay a capital gains tax of 20% so the 10x is now 8x. If you've owned the Bitcoin less than a year, you pay a capital gains tax of like 33% (35%? I forget the exact number). So, what was 10x is now down to 6.5x or 7x. You'll have to make a business decision based on future savings vs. liquidating all or part your crypto all the while keeping Uncle Sam happy. I would tend to lean towards the decision that maintains a healthy supply of crypto. What do you think the price of Bitcoin will be in 10 years? It might be better to sell nothing and wait 2 more cycles down the line... Ultimately, it's your decision...
    Thanks for the opinions fellas...we are about halfway there just posing a hypothetical question. I don't think I'd ever fully cash out.

  28. #28
    shadymcgrady
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    Let's say you don't report btc holdings on your tax returns this year with intentions to cash out years down the road. What would be the harm in reporting your hold later? They are after all looking for real criminals, not a civilian looking to cash out and stiff uncle sam.

    Would the IRS really dig into the blockchain to find out how long you've actually held the coins? The question they pose this yr is like bookmark for anyone who answers yes so that they have you in their records. Would they really dig into it for tax purposes? Let's say you own more than the average person, enough to get flagged.

  29. #29
    ChuckyTheGoat
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    4-3-2-1:

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  30. #30
    ChuckyTheGoat
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    Quote Originally Posted by MickeyMan View Post
    @ #5. Is that Constanza over there? George quitting and then just showing up at work again is a boss move, I actually had a buddy who did that.

    Mantle is the answer tho.
    *Nismo paid +300.

    New contestant = MICKEY MAN.

    *Target = 32,000. +320, if we touch by 1/3 (1159pm Eastern). 2x to +640, if we can do it by 1/2 (1159pm Eastern).

    Very heady stuff. We need to call on a dude who hit 535 HR and won 7 WS.

  31. #31
    JAKEPEAVY21
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    Quote Originally Posted by ChuckyTheGoat View Post
    4-3-2-1:

    Ed Harris is a damn good actor. Pretty sure he is dying of cancer, sad.

  32. #32
    ChuckyTheGoat
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    Quote Originally Posted by Arky View Post
    $30,698

    Again, there was a huge buy wall of about $12M at the 30K mark and it just got obliterated. It's like there's a magic bitcoin angel pushing the price past these landmarks. Check out the BGD (big, green d*ldo) on the charts....

    We're starting to get in territory where +/- $1k is a yawner....
    Ya, go to bed. And the price leapfrogs a full 1k increment.
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  33. #33
    Weems2k
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    Never thought I'd see $25k, let alone almost 31K now. Is $50K a possibility by the end of the month?

  34. #34
    mpaschal34
    Go Navy.....Beat Army!!!
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    I did a $300 SBR order when it was just a little over $26K. Still waiting in my order to process. I’m sure once it does, it will be at the time it falls 50%.

  35. #35
    Hman
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    See this is what pisses me off

    Bought and sent this morning going on 4hrs

    Still waiting on 3rd confirmation to complete

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