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Re: Bitcoin clears 20k [Re: SNIPERBBB] #8266916
11/20/24 07:35 PM
11/20/24 07:35 PM
Joined: May 2010
Posts: 11,029
MN
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 11,029
MN
94,983


"Gold is money, everything else is just credit" JP Morgan
Re: Bitcoin clears 20k [Re: SNIPERBBB] #8267284
11/21/24 07:45 AM
11/21/24 07:45 AM
Joined: Dec 2006
Posts: 18,810
Rodney,Ohio
SNIPERBBB Offline OP
trapper
SNIPERBBB  Offline OP
trapper

Joined: Dec 2006
Posts: 18,810
Rodney,Ohio
98,366 new high. currently 97,968

Re: Bitcoin clears 20k [Re: SNIPERBBB] #8267605
11/21/24 03:36 PM
11/21/24 03:36 PM
Joined: May 2010
Posts: 11,029
MN
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 11,029
MN
99055

MSTR down 18 percent today. Short squeeze coming?


"Gold is money, everything else is just credit" JP Morgan
Re: Bitcoin clears 20k [Re: SNIPERBBB] #8267618
11/21/24 03:51 PM
11/21/24 03:51 PM
Joined: Feb 2011
Posts: 1,350
alberta
S
spjones Offline
trapper
spjones  Offline
trapper
S

Joined: Feb 2011
Posts: 1,350
alberta
I’m a large MSTR holder,,,

It’s been a glorious/parabolic run!!

Be crazy not to take some profits here,,

“Volatility is vitality”. MS

Re: Bitcoin clears 20k [Re: SNIPERBBB] #8267619
11/21/24 03:53 PM
11/21/24 03:53 PM
Joined: Mar 2007
Posts: 35,756
McGrath, AK
W
white17 Offline

"General (Mr.Sunshine) Washington"
white17  Offline

"General (Mr.Sunshine) Washington"
W

Joined: Mar 2007
Posts: 35,756
McGrath, AK
Short ratio is only 1.5 I would think it needs to be much higher than that for a short squeeze to materialize... Just a WAG on my part


Mean As Nails
Re: Bitcoin clears 20k [Re: SNIPERBBB] #8267657
11/21/24 04:51 PM
11/21/24 04:51 PM
Joined: Feb 2011
Posts: 1,350
alberta
S
spjones Offline
trapper
spjones  Offline
trapper
S

Joined: Feb 2011
Posts: 1,350
alberta
MS announced another 3 billion offering to buy more btc after the close

Re: Bitcoin clears 20k [Re: SNIPERBBB] #8267658
11/21/24 04:51 PM
11/21/24 04:51 PM
Joined: May 2010
Posts: 11,029
MN
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 11,029
MN
For sure ken.

Volatility is the name of the game in the crypto space


"Gold is money, everything else is just credit" JP Morgan
Re: Bitcoin clears 20k [Re: SNIPERBBB] #8268288
11/22/24 09:51 AM
11/22/24 09:51 AM
Joined: Feb 2011
Posts: 1,350
alberta
S
spjones Offline
trapper
spjones  Offline
trapper
S

Joined: Feb 2011
Posts: 1,350
alberta

Re: Bitcoin clears 20k [Re: SNIPERBBB] #8268317
11/22/24 10:20 AM
11/22/24 10:20 AM
Joined: Mar 2010
Posts: 3,206
wyoming southeast
D
danvee Offline
trapper
danvee  Offline
trapper
D

Joined: Mar 2010
Posts: 3,206
wyoming southeast
Just dont understand why if bitcoin, or any other cyber currency is a good concept when they, who ever they are want you cash to buy it.

Re: Bitcoin clears 20k [Re: danvee] #8268337
11/22/24 10:40 AM
11/22/24 10:40 AM
Joined: Dec 2006
Posts: 18,810
Rodney,Ohio
SNIPERBBB Offline OP
trapper
SNIPERBBB  Offline OP
trapper

Joined: Dec 2006
Posts: 18,810
Rodney,Ohio
Originally Posted by danvee
Just dont understand why if bitcoin, or any other cyber currency is a good concept when they, who ever they are want you cash to buy it.

What else would you give for it unless you mine it yourself?

Re: Bitcoin clears 20k [Re: SNIPERBBB] #8268505
11/22/24 02:16 PM
11/22/24 02:16 PM
Joined: Mar 2010
Posts: 3,206
wyoming southeast
D
danvee Offline
trapper
danvee  Offline
trapper
D

Joined: Mar 2010
Posts: 3,206
wyoming southeast
Real property, services, heck I just dont understand why who ever sells bitcoin would want cash for it.
At least gold you can hold in your hand and there are uses for it. I guess I understand the concept of bit coin basically electronic money but what is it backed with, gold or cash which deletes the purpose. Also who runs or monitors it and protect it from theft or hacking?

Re: Bitcoin clears 20k [Re: SNIPERBBB] #8268521
11/22/24 02:38 PM
11/22/24 02:38 PM
Joined: Dec 2006
Posts: 18,810
Rodney,Ohio
SNIPERBBB Offline OP
trapper
SNIPERBBB  Offline OP
trapper

Joined: Dec 2006
Posts: 18,810
Rodney,Ohio
Nothing says you can't buy or sell directly with BTC. If you want to buy a house straight with BTC you can. Whether your counterpart in that deal will go along with it is another issue.

You can put all your cryptos on a thumb drive and they can't be stolen unless someone steals your thumb drive

There's no one person or entity that monitors BTC, it's a bit difficult to explain, if you want to learn more lookkup Bitcoin white paper.


Last edited by SNIPERBBB; 11/22/24 03:17 PM.
Re: Bitcoin clears 20k [Re: SNIPERBBB] #8268527
11/22/24 02:45 PM
11/22/24 02:45 PM
Joined: Feb 2011
Posts: 1,350
alberta
S
spjones Offline
trapper
spjones  Offline
trapper
S

Joined: Feb 2011
Posts: 1,350
alberta
If you don’t understand bitcoin??

Do some research,,,,,1 hour,,,,10 hours,,,,etc

You’ll spend 40-50-60000 hours in your life making money

Take a few hours and learn how to keep it

,,,,,or not

We are going thru a generational moment

Re: Bitcoin clears 20k [Re: SNIPERBBB] #8268924
11/22/24 08:42 PM
11/22/24 08:42 PM
Joined: Jan 2019
Posts: 4,365
North central Iowa
B
Bob_Iowa Offline
trapper
Bob_Iowa  Offline
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Joined: Jan 2019
Posts: 4,365
North central Iowa
I see the dollar is gaining strength also, can foreign countries use bitcoins to purchase goods in the U.S. to avoid the difference between their currencies and the dollar? If so do you think that it’s driving the value up?

Re: Bitcoin clears 20k [Re: Bob_Iowa] #8268971
11/22/24 09:07 PM
11/22/24 09:07 PM
Joined: Dec 2006
Posts: 18,810
Rodney,Ohio
SNIPERBBB Offline OP
trapper
SNIPERBBB  Offline OP
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Joined: Dec 2006
Posts: 18,810
Rodney,Ohio
Originally Posted by Bob_Iowa
I see the dollar is gaining strength also, can foreign countries use bitcoins to purchase goods in the U.S. to avoid the difference between their currencies and the dollar? If so do you think that it’s driving the value up?

Really cant see that unless you dont have any access to getting USD. Theres always ways to make money with ForEx but I just cant see that as a driver of the price. At least not upward anyway.

Re: Bitcoin clears 20k [Re: SNIPERBBB] #8278088
12/04/24 08:25 AM
12/04/24 08:25 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
BTC is staying range bound for the time being but something is pumping XRP.


"Gold is money, everything else is just credit" JP Morgan
Re: Bitcoin clears 20k [Re: SNIPERBBB] #8278132
12/04/24 09:59 AM
12/04/24 09:59 AM
Joined: Dec 2006
Posts: 18,810
Rodney,Ohio
SNIPERBBB Offline OP
trapper
SNIPERBBB  Offline OP
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Joined: Dec 2006
Posts: 18,810
Rodney,Ohio
XRP looks like it might finally be getting out from under the legal issues thats been plaguing it almost since inception.

Re: Bitcoin clears 20k [Re: SNIPERBBB] #8278140
12/04/24 10:12 AM
12/04/24 10:12 AM
Joined: Feb 2011
Posts: 1,350
alberta
S
spjones Offline
trapper
spjones  Offline
trapper
S

Joined: Feb 2011
Posts: 1,350
alberta
It’s alt season,,,

When btc trades sideways, the crypto bros lose focus and move money elsewhere

Re: Bitcoin clears 20k [Re: SNIPERBBB] #8278567
12/04/24 11:18 PM
12/04/24 11:18 PM
Joined: May 2010
Posts: 11,029
MN
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 11,029
MN
$103992.


"Gold is money, everything else is just credit" JP Morgan
Re: Bitcoin clears 20k [Re: SNIPERBBB] #8278626
12/05/24 06:29 AM
12/05/24 06:29 AM
Joined: Jul 2022
Posts: 1,468
Va
S
Spike369 Offline
trapper
Spike369  Offline
trapper
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Joined: Jul 2022
Posts: 1,468
Va
Talk about a big scheme. Maddox was nothing compared to bitcoin. Pyramid scheme. The guys at the top get your greenback and you get an electronic notification that says you own some bitcoin. When the guys at the top need more cash they increase the value of the bitcoin to get people to purchase more with greenback of course. A fool and his money soon part.

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