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Re: Bitcoin clears 20k [Re: SNIPERBBB] #8259476
11/11/24 10:03 AM
11/11/24 10:03 AM
Joined: Feb 2011
Posts: 1,350
alberta
S
spjones Offline
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spjones  Offline
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S

Joined: Feb 2011
Posts: 1,350
alberta
You’re off a bit

82500

Btc is eating gold

Re: Bitcoin clears 20k [Re: SNIPERBBB] #8259482
11/11/24 10:14 AM
11/11/24 10:14 AM
Joined: Dec 2006
Posts: 18,808
Rodney,Ohio
SNIPERBBB Offline OP
trapper
SNIPERBBB  Offline OP
trapper

Joined: Dec 2006
Posts: 18,808
Rodney,Ohio
heading to 83

Re: Bitcoin clears 20k [Re: SNIPERBBB] #8259487
11/11/24 10:22 AM
11/11/24 10:22 AM
Joined: Feb 2011
Posts: 1,350
alberta
S
spjones Offline
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spjones  Offline
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S

Joined: Feb 2011
Posts: 1,350
alberta
100k by EOY is definitely in play

Re: Bitcoin clears 20k [Re: SNIPERBBB] #8259543
11/11/24 11:44 AM
11/11/24 11:44 AM
Joined: Dec 2006
Posts: 18,808
Rodney,Ohio
SNIPERBBB Offline OP
trapper
SNIPERBBB  Offline OP
trapper

Joined: Dec 2006
Posts: 18,808
Rodney,Ohio
It didn't even say hello to 83, as almost 85 now.

Re: Bitcoin clears 20k [Re: SNIPERBBB] #8259792
11/11/24 05:05 PM
11/11/24 05:05 PM
Joined: Dec 2006
Posts: 18,808
Rodney,Ohio
SNIPERBBB Offline OP
trapper
SNIPERBBB  Offline OP
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Joined: Dec 2006
Posts: 18,808
Rodney,Ohio
88475 new high dodn ho just over 88k now

Re: Bitcoin clears 20k [Re: SNIPERBBB] #8259956
11/11/24 08:30 PM
11/11/24 08:30 PM
Joined: Jan 2019
Posts: 4,358
North central Iowa
B
Bob_Iowa Offline
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Bob_Iowa  Offline
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Posts: 4,358
North central Iowa
Getting high do you think there’ll be a correction.

Re: Bitcoin clears 20k [Re: SNIPERBBB] #8260044
11/11/24 10:14 PM
11/11/24 10:14 PM
Joined: May 2010
Posts: 11,029
MN
S
Steven 49er Offline
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Steven 49er  Offline
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S

Joined: May 2010
Posts: 11,029
MN
Some day.


"Gold is money, everything else is just credit" JP Morgan
Re: Bitcoin clears 20k [Re: SNIPERBBB] #8260063
11/11/24 10:41 PM
11/11/24 10:41 PM
Joined: Mar 2014
Posts: 3,997
Central Texas
C
Chancey Offline
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Chancey  Offline
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Joined: Mar 2014
Posts: 3,997
Central Texas
Honest question.

Why do ya'll think it is getting so high? With the price, I don't see how people can be using it as a hedge; so they must think it will replace the fiat currency....?

I don't know. What do ya'll think is driving the price up?


Resident Conspiracy Theorist
Accused Moron, Nazi, Low IQ, and Putin Fan Boy
Re: Bitcoin clears 20k [Re: SNIPERBBB] #8260075
11/11/24 11:02 PM
11/11/24 11:02 PM
Joined: May 2010
Posts: 11,029
MN
S
Steven 49er Offline
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Steven 49er  Offline
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S

Joined: May 2010
Posts: 11,029
MN
Right now my opinion is that with the election going the way it did, there is a feeling the new administration will be more favorable to it.

Also Blackrock is showing interest in starting a BTC ETF as have others.


"Gold is money, everything else is just credit" JP Morgan
Re: Bitcoin clears 20k [Re: SNIPERBBB] #8261117
11/13/24 10:16 AM
11/13/24 10:16 AM
Joined: Dec 2006
Posts: 18,808
Rodney,Ohio
SNIPERBBB Offline OP
trapper
SNIPERBBB  Offline OP
trapper

Joined: Dec 2006
Posts: 18,808
Rodney,Ohio
91k.

Re: Bitcoin clears 20k [Re: SNIPERBBB] #8261173
11/13/24 11:57 AM
11/13/24 11:57 AM
Joined: May 2010
Posts: 11,029
MN
S
Steven 49er Offline
trapper
Steven 49er  Offline
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S

Joined: May 2010
Posts: 11,029
MN
It's getting close to a big milestone


"Gold is money, everything else is just credit" JP Morgan
Re: Bitcoin clears 20k [Re: SNIPERBBB] #8261208
11/13/24 01:09 PM
11/13/24 01:09 PM
Joined: Dec 2006
Posts: 18,808
Rodney,Ohio
SNIPERBBB Offline OP
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SNIPERBBB  Offline OP
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Rodney,Ohio
Bitcoin by market cap if it was a company would be the 7th largest in the world, immediately ahead of META(facebook), TESLA and Berkshire Hathoway and just behind Apple.

Re: Bitcoin clears 20k [Re: SNIPERBBB] #8261213
11/13/24 01:34 PM
11/13/24 01:34 PM
Joined: Feb 2011
Posts: 1,350
alberta
S
spjones Offline
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spjones  Offline
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Joined: Feb 2011
Posts: 1,350
alberta
Just flipped silver

About to flip the Canadian dollar

#15 ranked asset ranked by market cap [Linked Image]


Kinda interesting,,,,,

Companies that currently hold btc on their balance sheet are not able to include btc in market cap for tax reasons,,,

Fair value accounting rules have recently changed

Some companies are about too have a huge increase in market cap

Re: Bitcoin clears 20k [Re: SNIPERBBB] #8261229
11/13/24 02:00 PM
11/13/24 02:00 PM
Joined: Dec 2006
Posts: 18,808
Rodney,Ohio
SNIPERBBB Offline OP
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SNIPERBBB  Offline OP
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Posts: 18,808
Rodney,Ohio
Isnt market cap outstanding shares x stock price? Company value and market cap isnt exactly the same thing

Re: Bitcoin clears 20k [Re: SNIPERBBB] #8261256
11/13/24 02:48 PM
11/13/24 02:48 PM
Joined: Feb 2011
Posts: 1,350
alberta
S
spjones Offline
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spjones  Offline
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Joined: Feb 2011
Posts: 1,350
alberta
Yes in terms of equities

Re: Bitcoin clears 20k [Re: SNIPERBBB] #8261487
11/13/24 08:11 PM
11/13/24 08:11 PM
Joined: Jan 2019
Posts: 4,358
North central Iowa
B
Bob_Iowa Offline
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North central Iowa
I don’t understand why gold wouldn’t be on there and copper is number 2?

Re: Bitcoin clears 20k [Re: Bob_Iowa] #8261495
11/13/24 08:15 PM
11/13/24 08:15 PM
Joined: Dec 2006
Posts: 18,808
Rodney,Ohio
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Rodney,Ohio
Originally Posted by Bob_Iowa
I don’t understand why gold wouldn’t be on there and copper is number 2?

Probably because theyre commodities.

Re: Bitcoin clears 20k [Re: SNIPERBBB] #8261505
11/13/24 08:25 PM
11/13/24 08:25 PM
Joined: Feb 2011
Posts: 1,350
alberta
S
spjones Offline
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spjones  Offline
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Joined: Feb 2011
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alberta
Cooper is number 7

Gold is number 5

[Linked Image]

Re: Bitcoin clears 20k [Re: SNIPERBBB] #8261507
11/13/24 08:26 PM
11/13/24 08:26 PM
Joined: Jan 2019
Posts: 4,358
North central Iowa
B
Bob_Iowa Offline
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Joined: Jan 2019
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North central Iowa
I looked at spjones post again and copper is 7 not 2 that explains more and when I looked gold is number 5 so it makes sense.

Last edited by Bob_Iowa; 11/13/24 08:27 PM. Reason: Wrong number
Re: Bitcoin clears 20k [Re: SNIPERBBB] #8266322
11/20/24 05:52 AM
11/20/24 05:52 AM
Joined: Dec 2006
Posts: 18,808
Rodney,Ohio
SNIPERBBB Offline OP
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SNIPERBBB  Offline OP
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Joined: Dec 2006
Posts: 18,808
Rodney,Ohio
New high of 94,039.

[Linked Image]


Lets see what WW3 does...

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