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Re: Bitcoin clears 20k [Re: SNIPERB🦝] #7286264
06/14/21 01:10 PM
06/14/21 01:10 PM
Joined: Jul 2016
Posts: 274
NE Wisconsin
DecoyMacoy Offline
trapper
DecoyMacoy  Offline
trapper

Joined: Jul 2016
Posts: 274
NE Wisconsin
Originally Posted by SNIPERB🦝

I don't think Elon owns Bitcoin himself. That big purchase was by Tesla which is a publicly traded company.


Yes. I edited my post to reflect this. While Musk has a mammoth amount of control over Tesla (many CEO of publicly traded co's do not) I should have been more specific to Tesla's BTC not Musk personal holdings, if any.

Re: Bitcoin clears 20k [Re: SNIPERB🦝] #7317624
07/30/21 07:48 PM
07/30/21 07:48 PM
Joined: Dec 2006
Posts: 14,055
Rodney,Ohio
SNIPERB🦝 Offline OP
trapper
SNIPERB🦝  Offline OP
trapper

Joined: Dec 2006
Posts: 14,055
Rodney,Ohio
Bitcoin back to 41k and Etherium is back to 2300+

Just in case you've not looked at your accounts lately

Re: Bitcoin clears 20k [Re: SNIPERB🦝] #7335723
08/21/21 08:56 AM
08/21/21 08:56 AM
Joined: Dec 2006
Posts: 14,055
Rodney,Ohio
SNIPERB🦝 Offline OP
trapper
SNIPERB🦝  Offline OP
trapper

Joined: Dec 2006
Posts: 14,055
Rodney,Ohio
Inching up on 50k.

Re: Bitcoin clears 20k [Re: SNIPERB🦝] #7337367
08/23/21 06:22 AM
08/23/21 06:22 AM
Joined: Dec 2006
Posts: 14,055
Rodney,Ohio
SNIPERB🦝 Offline OP
trapper
SNIPERB🦝  Offline OP
trapper

Joined: Dec 2006
Posts: 14,055
Rodney,Ohio
Breached 50k this morning

Re: Bitcoin clears 20k [Re: SNIPERB🦝] #7337563
08/23/21 11:15 AM
08/23/21 11:15 AM
Joined: Feb 2010
Posts: 7,031
Henderson, N.Y. Jefferson Co.
W
walleyed Offline
trapper
walleyed  Offline
trapper
W

Joined: Feb 2010
Posts: 7,031
Henderson, N.Y. Jefferson Co.
Originally Posted by SNIPERB🦝
Breached 50k this morning


Wait a minute !!!

I thought Jbyrd63 proclaimed bitcoin dead & buried ? laugh

w


"Provisional/Interim" member of NYS Trappers Association
Jefferson Co. Fur Harvesters

I Support Non-Resident Trapping



Re: Bitcoin clears 20k [Re: SNIPERB🦝] #7337575
08/23/21 11:27 AM
08/23/21 11:27 AM
Joined: Dec 2006
Posts: 14,055
Rodney,Ohio
SNIPERB🦝 Offline OP
trapper
SNIPERB🦝  Offline OP
trapper

Joined: Dec 2006
Posts: 14,055
Rodney,Ohio
Don't listen to geographically confused Kentuckians

Re: Bitcoin clears 20k [Re: SNIPERB🦝] #7337627
08/23/21 12:53 PM
08/23/21 12:53 PM
Joined: Mar 2016
Posts: 890
North Carolina
DaYooper14 Offline
trapper
DaYooper14  Offline
trapper

Joined: Mar 2016
Posts: 890
North Carolina
Originally Posted by SNIPERB🦝
Don't listen to geographically confused Kentuckians

priceless


-- It seems all of Greece knows what is the right thing to do, but it is only the Spartans that do anything about it. --
Re: Bitcoin clears 20k [Re: SNIPERB🦝] #7372089
10/05/21 04:37 PM
10/05/21 04:37 PM
Joined: Dec 2006
Posts: 14,055
Rodney,Ohio
SNIPERB🦝 Offline OP
trapper
SNIPERB🦝  Offline OP
trapper

Joined: Dec 2006
Posts: 14,055
Rodney,Ohio
51k again

Re: Bitcoin clears 20k [Re: walleyed] #7372181
10/05/21 06:33 PM
10/05/21 06:33 PM
Joined: May 2010
Posts: 8,265
mn north of blakely
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 8,265
mn north of blakely
Originally Posted by walleyed
Originally Posted by SNIPERB🦝
Breached 50k this morning


Wait a minute !!!

I thought Jbyrd63 proclaimed bitcoin dead & buried ? laugh

w


More than once.

Re: Bitcoin clears 20k [Re: SNIPERB🦝] #7372187
10/05/21 06:42 PM
10/05/21 06:42 PM
Joined: Aug 2010
Posts: 7,993
Asheville, NC
C
charles Offline
trapper
charles  Offline
trapper
C

Joined: Aug 2010
Posts: 7,993
Asheville, NC
If governments can't regulate its fluctuations, or tax its profits, why would we assume it will ever be a legal tender in any country. Imagine if a barrel of oil was tied to Bitcoin. How would transportation possibly budget their business? How would you operate any business that used fuel? How would you bid on contracts if you had no way to hedge the currency swings?

Re: Bitcoin clears 20k [Re: SNIPERB🦝] #7372195
10/05/21 06:49 PM
10/05/21 06:49 PM
Joined: May 2010
Posts: 8,265
mn north of blakely
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 8,265
mn north of blakely
Governments shouldn't regulate. The market should.

Re: Bitcoin clears 20k [Re: SNIPERB🦝] #7372201
10/05/21 06:56 PM
10/05/21 06:56 PM
Joined: May 2010
Posts: 8,265
mn north of blakely
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 8,265
mn north of blakely
Oh and any profits made by selling cryptocurrency has always been a taxable event

Re: Bitcoin clears 20k [Re: charles] #7372222
10/05/21 07:15 PM
10/05/21 07:15 PM
Joined: Dec 2006
Posts: 14,055
Rodney,Ohio
SNIPERB🦝 Offline OP
trapper
SNIPERB🦝  Offline OP
trapper

Joined: Dec 2006
Posts: 14,055
Rodney,Ohio
Originally Posted by charles
If governments can't regulate its fluctuations, or tax its profits, why would we assume it will ever be a legal tender in any country. Imagine if a barrel of oil was tied to Bitcoin. How would transportation possibly budget their business? How would you operate any business that used fuel? How would you bid on contracts if you had no way to hedge the currency swings?

C'mon man. Crypto profits are capital gains, though I would assume the people mining it might might have some fancy accounting to determine the tax liabilities. El Salvador has basically made Bitcoin their official currency. "Normal" currencies fluctuate all the time.

Re: Bitcoin clears 20k [Re: SNIPERB🦝] #7372228
10/05/21 07:19 PM
10/05/21 07:19 PM
Joined: Dec 2006
Posts: 14,055
Rodney,Ohio
SNIPERB🦝 Offline OP
trapper
SNIPERB🦝  Offline OP
trapper

Joined: Dec 2006
Posts: 14,055
Rodney,Ohio
Governments cant regulate the values of their own currencies, though they can do things that can influence what the value is(inflation/deflation as a result of spending policies). That's how George Soros made a lot of his money by causing several countries currencies to crash.

Re: Bitcoin clears 20k [Re: SNIPERB🦝] #7372828
10/06/21 11:59 AM
10/06/21 11:59 AM
Joined: May 2010
Posts: 8,265
mn north of blakely
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 8,265
mn north of blakely
55k was breached this .morning.

Re: Bitcoin clears 20k [Re: SNIPERB🦝] #7372846
10/06/21 12:22 PM
10/06/21 12:22 PM
Joined: Jul 2016
Posts: 274
NE Wisconsin
DecoyMacoy Offline
trapper
DecoyMacoy  Offline
trapper

Joined: Jul 2016
Posts: 274
NE Wisconsin
On "volatility"....

The natural state of almost everything on earth is always changing.

The odd attribute, the outlier, the weird thing is "stable".

If something is stable for any material amount of time it is manipulated. Volatility is just a matter of time.

Re: Bitcoin clears 20k [Re: SNIPERB🦝] #7373646
10/07/21 10:25 AM
10/07/21 10:25 AM
Joined: May 2010
Posts: 8,265
mn north of blakely
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 8,265
mn north of blakely
If bitcoin remains extremely volatile like it has been it won't make it a viable medium of exchange for the masses

Re: Bitcoin clears 20k [Re: SNIPERB🦝] #7379260
10/14/21 07:39 PM
10/14/21 07:39 PM
Joined: May 2010
Posts: 8,265
mn north of blakely
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 8,265
mn north of blakely
57 to 58k.

Someone didn't get the memo

Re: Bitcoin clears 20k [Re: SNIPERB🦝] #7379511
10/15/21 05:58 AM
10/15/21 05:58 AM
Joined: Dec 2006
Posts: 14,055
Rodney,Ohio
SNIPERB🦝 Offline OP
trapper
SNIPERB🦝  Offline OP
trapper

Joined: Dec 2006
Posts: 14,055
Rodney,Ohio
Think Bitcoin ETFs just got the regulatory go ahead

Re: Bitcoin clears 20k [Re: SNIPERB🦝] #7379512
10/15/21 06:02 AM
10/15/21 06:02 AM
Joined: Jul 2016
Posts: 274
NE Wisconsin
DecoyMacoy Offline
trapper
DecoyMacoy  Offline
trapper

Joined: Jul 2016
Posts: 274
NE Wisconsin
A futures based Bitcoin ETF doesn't even begin to budge my GAFmeter.

Reminder: With a small amount of education/work Bitcoin is extremely easy to self custody in a manner that even a State actor/military would have a tough time confiscating from you. Few understand this. Even fewer understand the implications.

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