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Bitcoin guys you still alive? #7593217
05/28/22 08:44 AM
05/28/22 08:44 AM
Joined: Feb 2014
Posts: 13,155
Ky
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jbyrd63 Offline OP
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jbyrd63  Offline OP
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Joined: Feb 2014
Posts: 13,155
Ky
Dang ones telling me how wrong I was back when it was 67,000 morphed into crickets !
But after Friday stock rally it may make it to the 100,000 someone on here predicted NOT !!
Just saying

Re: Bitcoin guys you still alive? [Re: jbyrd63] #7593222
05/28/22 08:46 AM
05/28/22 08:46 AM
Joined: Dec 2006
Posts: 17,651
Rodney,Ohio
SNIPERBBB Offline
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SNIPERBBB  Offline
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Joined: Dec 2006
Posts: 17,651
Rodney,Ohio
Bitcoin still 3x returns of the stock market if you invested before 2020.

Re: Bitcoin guys you still alive? [Re: jbyrd63] #7593226
05/28/22 09:00 AM
05/28/22 09:00 AM
Joined: Feb 2014
Posts: 13,155
Ky
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jbyrd63 Offline OP
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jbyrd63  Offline OP
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Joined: Feb 2014
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Ky
APT, in a sense you are right, the time for getting rich quick has passed.

But if it goes from 65 k to a 100k that is a pretty good return on investment.

Either way, it's going well past 100k

Yea famous words and of Steven 49er

Re: Bitcoin guys you still alive? [Re: jbyrd63] #7593228
05/28/22 09:02 AM
05/28/22 09:02 AM
Joined: Dec 2006
Posts: 17,651
Rodney,Ohio
SNIPERBBB Offline
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SNIPERBBB  Offline
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Posts: 17,651
Rodney,Ohio
It will go there. Just a matter of time.

Re: Bitcoin guys you still alive? [Re: jbyrd63] #7593230
05/28/22 09:03 AM
05/28/22 09:03 AM
Joined: Feb 2014
Posts: 13,155
Ky
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jbyrd63 Offline OP
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jbyrd63  Offline OP
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Yea and 1/10 the return if you sell you house What’s your point ? There’s a reason it’s low The feds are coming for it Told you this in January and got laughed at But heck I get laughed at a lot ! Lol Glad to spread the laughter

Re: Bitcoin guys you still alive? [Re: jbyrd63] #7593233
05/28/22 09:08 AM
05/28/22 09:08 AM
Joined: Dec 2006
Posts: 17,651
Rodney,Ohio
SNIPERBBB Offline
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SNIPERBBB  Offline
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Posts: 17,651
Rodney,Ohio
Laughter of a maniac doesn't mean much. The current low has nothing to do with fed influence, unless you referring to the collapse of the economy spurring liquidation.

Re: Bitcoin guys you still alive? [Re: jbyrd63] #7593234
05/28/22 09:08 AM
05/28/22 09:08 AM
Joined: May 2007
Posts: 2,626
Flint, Michigan
bhugo Offline
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bhugo  Offline
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Flint, Michigan
The small amount I bought a bit over 2 years ago is still worth almost double what I bought it for. At one point it was 5-6 times as much. Definitely a big drop. If I was serious about it as part of the big plan, I’d buy more now each week for the next month or so, but I am not. Interesting concept anyway. I like watching it.


Member MTPCA, FTA and NTA
Re: Bitcoin guys you still alive? [Re: jbyrd63] #7593238
05/28/22 09:18 AM
05/28/22 09:18 AM
Joined: Feb 2014
Posts: 13,155
Ky
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jbyrd63 Offline OP
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Ky

Re: Bitcoin guys you still alive? [Re: jbyrd63] #7593247
05/28/22 09:30 AM
05/28/22 09:30 AM
Joined: Dec 2015
Posts: 6,341
se South Dakota
NonPCfed Offline
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NonPCfed  Offline
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jbyrd- Can you garden with your back problems? Being able to put up a lot of your own food may be a lot more important than any investing. I do both but haven't got into the crypto yet. Any and all of the stuff not in your hands that are digital numbers somewhere can all go "poof" one way or the other.


"And God said, Let us make man in our image �and let them have dominion �and all the creatures that move along the ground".
Genesis 1:26
Re: Bitcoin guys you still alive? [Re: jbyrd63] #7593251
05/28/22 09:35 AM
05/28/22 09:35 AM
Joined: Aug 2010
Posts: 10,833
Asheville, NC
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charles Offline
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charles  Offline
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Asheville, NC
No money is made until something is sold. This axiom applies to every profession or investment.

Re: Bitcoin guys you still alive? [Re: jbyrd63] #7593293
05/28/22 10:57 AM
05/28/22 10:57 AM
Joined: Feb 2014
Posts: 13,155
Ky
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jbyrd63 Offline OP
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jbyrd63  Offline OP
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I got another question Bitcoin is a currency Where and what can you buy with it ?

Re: Bitcoin guys you still alive? [Re: jbyrd63] #7593295
05/28/22 11:09 AM
05/28/22 11:09 AM
Joined: Dec 2006
Posts: 17,651
Rodney,Ohio
SNIPERBBB Offline
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SNIPERBBB  Offline
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Rodney,Ohio
Originally Posted by jbyrd63
I got another question Bitcoin is a currency Where and what can you buy with it ?

Anywhere. There are several merchant services that you can pay directly with BTC without cashing out.

Similiar services for gold too.

Last edited by SNIPERB🦝; 05/28/22 11:10 AM.
Re: Bitcoin guys you still alive? [Re: jbyrd63] #7593332
05/28/22 12:38 PM
05/28/22 12:38 PM
Joined: Dec 2006
Posts: 4,943
PA
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elkaholic Offline
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Originally Posted by jbyrd63
I got another question Bitcoin is a currency Where and what can you buy with it ?


We have BTC ATM's here. I'm not 100% sure how they work. It looks as though it has both card slots, and USB slots. I'm guessing you have your BTC loaded into a "wallet", either on a card or a flash drive. Then it deducts your BTC for the amount of cash you want.


Millions of trees die every year to print environmentalist publications
Re: Bitcoin guys you still alive? [Re: jbyrd63] #7593504
05/28/22 05:53 PM
05/28/22 05:53 PM
Joined: May 2010
Posts: 10,485
MN
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Steven 49er Offline
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Steven 49er  Offline
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MN
Originally Posted by jbyrd63
APT, in a sense you are right, the time for getting rich quick has passed.

But if it goes from 65 k to a 100k that is a pretty good return on investment.

Either way, it's going well past 100k

Yea famous words and of Steven 49er


I'm not taking it back either. If you will notice I didn't get a timeline, I believe I had said once that it wouldn't surprise me if it did by the end of last year. That is not a prediction, just an observation.

I have given you several examples of earlier times that bitcoin has dropped a higher percentage than it has currently yet it seems to go right over your head. I imagine you only look at the dollar drop and not percentages. Percentages are all that matter.

I'll lay it out one more time for your small mind. Bitcoin topped set a high of over 19,000 dollars a few years before this big run up then down to 3500 ish. What did you blame that drop on?

You really should stick to what you know, like horses. Although I still can't figure out how someone who is as smart as you only bet a smidgeon as you did if you were so sure fire it was going to win.

Bitcoin is a game of chess, I'm not sure if you are qualified to play checkers.


Anyhow when I got home from work on Friday, I had a new 20 Practical complete AR upper waiting for me. It's a work of art, I need to get back to finishing the lower and setting up reloading dies.

Also have some chicken legs going on the grill, 1.40 a pound. It seems I heard a while back that was going through the roof and getting hard to find. Guess not, Costco was over run with the stuff.


PS did you actually read the link you posted. In it Powell was speaking about stablecoins, not all crypto. BTC isn't a stablecoin, it's a digital asset. Big difference.

PSS Russia announced yesterday they are considering allowing crypto for international payments. That is a development to keep an eye on.


"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
Re: Bitcoin guys you still alive? [Re: jbyrd63] #7593520
05/28/22 06:30 PM
05/28/22 06:30 PM
Joined: Aug 2010
Posts: 83
CT
R
RF Wildlife Offline
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RF Wildlife  Offline
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CT
Still doing ok in the low cap defi space. My Favorite project is up 40% in the last 7 days alone. Lots of Scams in Defi, but if you find the right projects before they hit the Centralized exchanges it's not uncommon to 10-100X your investment.

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