[themike78]

when will we see 33k again

How about never again. It won't happen.

[themike78]

I certainly hope so, I just lost 33% of my entire net worth of investments for my retirement. I made 3X my investment after the pandemic & cashed out, but bought back in @ around 47k. So I’m in for another 20 years & hopefully I can retire off that amount when that day arrives.

You invested in crypto for your retirement? Sorry but that is horrible. What are you going to do when it reaches zero on tuesday and never goes up again?

[raiders72001]

I certainly hope so, I just lost 33% of my entire net worth of investments for my retirement. I made 3X my investment after the pandemic & cashed out, but bought back in @ around 47k. So I’m in for another 20 years & hopefully I can retire off that amount when that day arrives.

In 2 years you'll be very happy with your investment.

[ThaWoj]

This will be the last weekend that bitcoin exists. Look for it to reach zero on Monday morning.

Is it monday or tuesday, which one so i know when to sell all my coins?

[themike78]

Is it monday or tuesday, which one so i know when to sell all my coins?

I would sell right now because they will never go up again.

[BeatTheJerk]

In 2 years you'll be very happy with your investment.

Thanks for the good fortune mention Raiders

[asiagambler]

Of course not. It will reach zero by Tuesday morning and never be worth anything again. That is the bottom.

I think we were at bottom

Only going up from here

New ATH soon

[shadymcgrady]

Historically speaking we could down further, BTC currently sits at roughly 60% down from it's ath. Typically it falls 80-85% from each peak but there wasn't max euphoria so maybe this is max pain? Not the best indicator

[homie1975]

NAZZY down and Crypto following...........should not surprise anyone anymore that Crypto is correlating with Tech stocks........

[raiders72001]

June 22, 2024

https://www.nicehash.com/countdown/B...ypto_countdown

[raiders72001]

NAZZY down and Crypto following...........should not surprise anyone anymore that Crypto is correlating with Tech stocks........

Correlation getting stronger and stronger but the first move switches.

[trobin31]

you have much worse things to worry about than correlations with indexes, if bond yields don't come back down, you can kiss the halving cycle pump good bye in a few years...it's a delicate tight rope walk right now, up to this point the printing their way out of crises has worked every few years, but history has shown us this works until it doesn't...I am DCA'g into my holdings, especially tech stocks I expect to have strong cash flows, but I would be very cautious and put into the back of your heads if great depression 2.0 occurs there is no one to buy bitcoins which are producing nothing but paper gains, there's no blockchain infrastructure in place and there won't be one for at least 5-10 years, until this happens its still extremely speculative...I am managing my risk here, currently buying but not more than 10% of net savings/investments....there are better companies like NVDA TSLA AAPL if you want to make sure you aren't working at McDonalds in 5 years...

[homie1975]

TRob I am with you, doing the same, the DCA into the Tech holdings I have

[Yulia74]

[raiders72001]

you have much worse things to worry about than correlations with indexes, if bond yields don't come back down, you can kiss the halving cycle pump good bye in a few years...it's a delicate tight rope walk right now, up to this point the printing their way out of crises has worked every few years, but history has shown us this works until it doesn't...I am DCA'g into my holdings, especially tech stocks I expect to have strong cash flows, but I would be very cautious and put into the back of your heads if great depression 2.0 occurs there is no one to buy bitcoins which are producing nothing but paper gains, there's no blockchain infrastructure in place and there won't be one for at least 5-10 years, until this happens its still extremely speculative...I am managing my risk here, currently buying but not more than 10% of net savings/investments....there are better companies like NVDA TSLA AAPL if you want to make sure you aren't working at McDonalds in 5 years...

Mining rewards get cut in half at halving. Manipulation occurs for them to remain profitable. Anyone in this more than one cycle has seen this play out.

[JIBBBY]

Never thought I'd ever see Bitcoin in the 20,000's. Still shocking to see.

[themike78]

Another historic loss for bitcoin today. It will definitely reach zero by tommorow morning around 8:00 a.m eastern time. And it will never exist again.

[raiders72001]

TRob I am with you, doing the same, the DCA into the Tech holdings I have

DCA into bitcoin. That's what MicroStrategy does.

[raiders72001]

1. DCA purchase no matter what

After embracing the Bitcoin revolution, Michael J. Saylor was quick to say that he had no intention of selling the BTC units purchased by MicroStrategy. His strategy has always been long-term oriented. He immediately redefined his time horizon to take full advantage of the Bitcoin revolution.
Once you make that choice, you can make DCA purchases no matter what. For example, Michael J. Saylor buys Bitcoin with MicroStrategy without even considering the short-term price. That's how he was able to buy BTC several times at the ATH level, just as he did in subsequent dips.
He is convinced of the inevitable success of Bitcoin in the future, and so he sees no reason not to buy Bitcoin as soon as MicroStrategy has some cash to protect from inflation. He doesn't fall into the trap of procrastination like some who always wait for the price of Bitcoin to fall lower before buying.

https://crypto.writer.io/p/who-else-...th-bitcoin?s=r

[raiders72001]

MicroStrategy owns $4b in bitcoin.
Tesla $2b.
80% of Mark Cuban's investments outside of Shark Tank are in cryptos.

[raiders72001]

World's Wealthiest Annual Ranking Now Lists 12 Crypto Billionaires

[COLOR=rgba(0, 0, 0, 0.8)]The American business magazine Forbes recently published the company’s 2021 documentation of the wealthiest billionaires in the world. According to the list published annually every March, there are now 12 billionaires that work directly within the cryptocurrency industry and the list of crypto billionaires is 3x larger than last year.[/COLOR]

A Few Changes This Year Could Increase the 2022 Crypto Billionaires List

[COLOR=rgba(0, 0, 0, 0.8)]The cofounder of Ripple Labs Chris Larsen holds the fourth position with $3.5 billion in wealth. The CEO of Microstrategy Michael Saylor is noted in the list for having $2.3 billion. Another Ripple cofounder is also mentioned on Forbes’ 2021 billionaire list as Jed McCaleb is estimated to have around $2 billion. The cofounder of Coinbase Fred Ersham has around $1.9 billion and ChangPeng Zhao (CZ) from Binance holds the exact same amount as Ersham.[/COLOR]
[COLOR=rgba(0, 0, 0, 0.8)]The last three people on the list include Digital Currency Group’s Barry Silbert ($1.6B), Bloq’s Matthew Roszak ($1.5B), and the well known venture capitalist Tim Draper. Alongside this, there may even be a number of crypto people that are not mentioned on the Forbes billionaire list.[/COLOR]
[COLOR=rgba(0, 0, 0, 0.8)]Just recently, in an interview with Angie Lau from Forkast News, Roger Ver touched upon not making the list and said that it might not be accurate. Moreover, Ver explained that when a few companies he’s invested in go public, he plans to have “several billion dollars worth of capital” and $2 billion will be dedicated to the Bitcoin Cash network and spreading adoption.[/COLOR]
[COLOR=rgba(0, 0, 0, 0.8)]It will be interesting to see how things look in the 2022 list written and published by the American business magazine especially for the number of crypto people listed. By then the size of the crypto economy may be [/COLOR]much larger[COLOR=rgba(0, 0, 0, 0.8)], a bitcoin exchange-traded fund (ETF) could [/COLOR]get approved[COLOR=rgba(0, 0, 0, 0.8)], and companies like Coinbase [/COLOR]going public[COLOR=rgba(0, 0, 0, 0.8)] may happen a lot more often. All three of these factors will produce a lot more crypto billionaires next year if they come to fruition.[/COLOR]

https://news.bitcoin.com/worlds-weal...-billionaires/

edit- FWIW I don't change the bold and text size. It's copy/paste.

[raiders72001]

From top to bottom and left to right: Sam Bankman-Fried, Brian Armstrong, the Winklevoss Twins, Chris Larsen, Michael Saylor, Jed McCaleb, Fred Ersham, ChangPeng Zhao (CZ), Barry Silbert, Matthew Roszak, and Tim Draper.

[themike78]

MicroStrategy owns $4b in bitcoin.
Tesla $2b.
80% of Mark Cuban's investments outside of Shark Tank are in cryptos.

Not good for them.

[raiders72001]

June 22, 2024

https://www.nicehash.com/countdown/B...ypto_countdown

They better come up with a better way to make predictions. Now they say

24 March 2024, 22:17 UTC

[raiders72001]

Do Kwon Wants to Fork LUNA's Blockchain to Make 'Terra Classic'

Under a plan proposed by Do Kwon, the current chain would be renamed Terra Classic. The new chain would ditch the UST stablecoin.

https://decrypt.co/100550/do-kwon-wa...-terra-classic

[KVB]

I suppose that estimation varies because the 10 minute target time per new block gets decreased until the difficulty adjusts it.

I think it's every two weeks but the every 4 year market is really an estimation because isn't halving suppose to occur at 210,000 new blocks?

I think it constantly runs towards about 9.5 minutes, but that could be older news.

I would imagine a realtime countdown tracker would vary.

[Yulia74]

janet yellen meets donkey kwon

[Optional]

Another historic loss for bitcoin today

Schtick is fine.

Complete opposite to reality lies are not really welcome.

[themike78]

Schtick is fine.

Complete opposite to reality lies are not really welcome.

Yes but when it drops down to $5 tonight I will be correct.

[JIBBBY]

Another historic loss for bitcoin today. It will definitely reach zero by tommorow morning around 8:00 a.m eastern time. And it will never exist again.

Don't spread fake news like CNN does Mikey. Optional punish this lad!


Bitcoin at 30,000 flat right now. Up from this morning but very small gains though.

[Rabiddog33]

If you like Ethereum and want to hear some super bullish talk on it. Listen to the Bankless Podcast. Betting the Fund on the Merge is the name of the episode.

[ThaTopMoron]

mike87 owns more bitcoin than any of us

there's no reason to check the price daily

[ThaWoj]

Dont worry 7 years from now when btc is 150k mike will be saying "hey losers sell your btc now because it will be at 0 on Monday!!"

Gtfo here dipshit

[ThaWoj]

This is how dumb Mike is: if he really truly thought he knew what he was talking about, he would be a millionaire right now with all the money he woulda made shorting crypto.

But here he is, still on sbr spewing about nonsense

[floki]

Yes but when it drops down to $5 tonight I will be correct.

twitter will be bought for 2 dollars by musk, that's still 50% overvalued in my humble opinion