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wHAT HAPPENED TO BITCOIN. #8356779
03/03/25 06:26 PM
03/03/25 06:26 PM
Joined: Feb 2014
Posts: 15,060
Ky
J
jbyrd63 Offline OP
trapper
jbyrd63  Offline OP
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J

Joined: Feb 2014
Posts: 15,060
Ky
Looked this morning people going crazy BITCOIN surges. Looked just now OOPS ......

Re: wHAT HAPPENED TO BITCOIN. [Re: jbyrd63] #8356780
03/03/25 06:29 PM
03/03/25 06:29 PM
Joined: Feb 2011
Posts: 1,507
alberta
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spjones Offline
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spjones  Offline
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Joined: Feb 2011
Posts: 1,507
alberta
Bitcoin doing what bitcoin does,,,


Volatility is vitality


Not for the faint of heart

Re: wHAT HAPPENED TO BITCOIN. [Re: jbyrd63] #8356781
03/03/25 06:30 PM
03/03/25 06:30 PM
Joined: Dec 2006
Posts: 19,295
Rodney,Ohio
SNIPERBBB Online happy
trapper
SNIPERBBB  Online Happy
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Joined: Dec 2006
Posts: 19,295
Rodney,Ohio
There was news about the Bitcoin reserve starting up and speculation forced price up then they realized the government wasn't going to be necessarily buying it.

Re: wHAT HAPPENED TO BITCOIN. [Re: jbyrd63] #8356795
03/03/25 06:59 PM
03/03/25 06:59 PM
Joined: Dec 2006
Posts: 23,877
Very SE Nebraska
G
Gary Benson Offline
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Gary Benson  Offline
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Joined: Dec 2006
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Very SE Nebraska
I heard something about the previous administration crooks using bitcoin to hide their illegal money....


Life ain't supposed to be easy.
Re: wHAT HAPPENED TO BITCOIN. [Re: jbyrd63] #8356800
03/03/25 07:10 PM
03/03/25 07:10 PM
Joined: Jan 2007
Posts: 5,677
MD
D
DaveP Offline
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DaveP  Offline
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Posts: 5,677
MD
Trump said crypto would be part of US Reserves

Re: wHAT HAPPENED TO BITCOIN. [Re: Gary Benson] #8356842
03/03/25 08:02 PM
03/03/25 08:02 PM
Joined: Dec 2006
Posts: 19,295
Rodney,Ohio
SNIPERBBB Online happy
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SNIPERBBB  Online Happy
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Joined: Dec 2006
Posts: 19,295
Rodney,Ohio
Originally Posted by Gary Benson
I heard something about the previous administration crooks using bitcoin to hide their illegal money....

Anyone that thinks Bitcoin can't be tracked doesn't have a clue about Bitcoin...the whole point of Blockchain technology is accounting!

Re: wHAT HAPPENED TO BITCOIN. [Re: spjones] #8356850
03/03/25 08:11 PM
03/03/25 08:11 PM
Joined: Jan 2019
Posts: 4,790
North central Iowa
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Bob_Iowa Offline
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Bob_Iowa  Offline
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Joined: Jan 2019
Posts: 4,790
North central Iowa
Originally Posted by spjones
Bitcoin doing what bitcoin does,,,


Volatility is vitality


Not for the faint of heart


This is right without volatility any market suffers as you don’t find the highs and lows, if you want consistency buy certificates of deposit.

Re: wHAT HAPPENED TO BITCOIN. [Re: jbyrd63] #8356853
03/03/25 08:17 PM
03/03/25 08:17 PM
Joined: May 2009
Posts: 19,021
Champaign County, Ohio.
K
KeithC Offline
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KeithC  Offline
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Joined: May 2009
Posts: 19,021
Champaign County, Ohio.
The North Koreans just stole 1.5 billion dollars in ByBit, which is the second largest cryptocurrency.

https://www.cnn.com/2025/02/24/politics/north-korean-hackers-crypto-hack/index.html

Many billions in BitCoin has been stolen and recovered over the last 10 years.

Keith

Re: wHAT HAPPENED TO BITCOIN. [Re: jbyrd63] #8356876
03/03/25 08:53 PM
03/03/25 08:53 PM
Joined: May 2010
Posts: 11,247
MN
S
Steven 49er Offline
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Steven 49er  Offline
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Joined: May 2010
Posts: 11,247
MN
Many more billions of dollars have been stolen over the last 10 years


"Gold is money, everything else is just credit" JP Morgan
Re: wHAT HAPPENED TO BITCOIN. [Re: jbyrd63] #8356884
03/03/25 09:14 PM
03/03/25 09:14 PM
Joined: Dec 2006
Posts: 23,877
Very SE Nebraska
G
Gary Benson Offline
trapper
Gary Benson  Offline
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Joined: Dec 2006
Posts: 23,877
Very SE Nebraska
That sounds fairly secure...


Life ain't supposed to be easy.
Re: wHAT HAPPENED TO BITCOIN. [Re: jbyrd63] #8356886
03/03/25 09:17 PM
03/03/25 09:17 PM
Joined: May 2010
Posts: 11,247
MN
S
Steven 49er Offline
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Steven 49er  Offline
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Joined: May 2010
Posts: 11,247
MN
It is secure if one knows how to store it.

How many banks go tits up?

If it weren't for the FDIC no one would store money in a bank


"Gold is money, everything else is just credit" JP Morgan
Re: wHAT HAPPENED TO BITCOIN. [Re: Steven 49er] #8356905
03/03/25 09:40 PM
03/03/25 09:40 PM
Joined: Jan 2007
Posts: 5,677
MD
D
DaveP Offline
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DaveP  Offline
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Posts: 5,677
MD
Originally Posted by Steven 49er
It is secure if one knows how to store it.

How many banks go tits up?

If it weren't for the FDIC no one would store money in a bank



Yup.
Wondering what they find when the audit Ft Knox.
Hadn't been done in 50+ years...

Re: wHAT HAPPENED TO BITCOIN. [Re: jbyrd63] #8356908
03/03/25 09:43 PM
03/03/25 09:43 PM
Joined: Feb 2008
Posts: 1,712
WI
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BvrRetriever Offline
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Posts: 1,712
WI
Originally Posted by jbyrd63
Looked this morning people going crazy BITCOIN surges. Looked just now OOPS ......


You tell me what’s going on ‘ol crystal baller!

Last edited by BvrRetriever; 03/03/25 09:48 PM.
Re: wHAT HAPPENED TO BITCOIN. [Re: jbyrd63] #8356919
03/03/25 09:56 PM
03/03/25 09:56 PM
Joined: Sep 2024
Posts: 11
Ontario
F
Forkhorn Offline
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Forkhorn  Offline
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Joined: Sep 2024
Posts: 11
Ontario
Loosing faith in that American dollar..

Re: wHAT HAPPENED TO BITCOIN. [Re: jbyrd63] #8356924
03/03/25 10:01 PM
03/03/25 10:01 PM
Joined: Jul 2022
Posts: 1,537
Va
S
Spike369 Online content
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Spike369  Online Content
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Joined: Jul 2022
Posts: 1,537
Va
It's a ponsi get rich scheme. Those at the top, do things to increase the price of nothing then trade that nothing for dollars. The price drops because of all the sell-off and they buy back in at a lower cost and start the cycle over..

Last edited by Spike369; 03/03/25 10:01 PM. Reason: Spelling
Re: wHAT HAPPENED TO BITCOIN. [Re: jbyrd63] #8356941
03/03/25 10:21 PM
03/03/25 10:21 PM
Joined: May 2010
Posts: 11,247
MN
S
Steven 49er Offline
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Steven 49er  Offline
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Joined: May 2010
Posts: 11,247
MN
Hopefully they do a real audit of Ft Knox.

After that the Federal Reserve Bank of NY.

Only about half of the US gold reserves are stored at Ft Knox


"Gold is money, everything else is just credit" JP Morgan
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