Bitcoin

MontyBrunswick

Senior Member

Mon, Feb 12, 2024 2:22 PM

i dumped my crypto holdings today.


my ether had roughly doubled and one of the other random things i bought was up about 500% over the past year.

MontyBrunswick

Senior Member

Thu, Feb 22, 2024 2:51 PM

I sold too early.

One of the two coins I sold is up 57% in the past week.

Automatik

Senior Member

Fri, Feb 23, 2024 10:05 AM

I sold a few grand worth like a month ago for the hell of it. Stupid lol.

I'm back to DCAing Bitcoin only and forgetting about it. I'll throw big chunks at it during the next dip. 

justincredible

Honorable Admin

Fri, Feb 23, 2024 10:50 AM
posted by Automatik

I'm back to DCAing Bitcoin only and forgetting about it. I'll throw big chunks at it during the next dip. 

justincredible

Honorable Admin

Mon, Feb 26, 2024 8:59 PM

$55k

justincredible

Honorable Admin

Mon, Feb 26, 2024 9:16 PM

$56k

justincredible

Honorable Admin

Mon, Feb 26, 2024 9:17 PM

Gonna wake up tomorrow and it’ll be $51k 

Ironman92

Administrator

Mon, Feb 26, 2024 9:45 PM
posted by justincredible

Gonna wake up tomorrow and it’ll be $51k 

38


justincredible

Honorable Admin

Tue, Feb 27, 2024 9:06 AM

$57k

Devils Advocate

Brudda o da bomber

Tue, Feb 27, 2024 11:57 PM

On a drunk bet with my brother in law I purchased seven bitcoin on January 3, 2023. Avg price was 17,889. They were purchased all at the same time, but I had seven different prices on seven bitcoin. When my financial advisor found out, he basically shamed me into approving a hedge on my bitcoin and ether. The hedge was triggered at $44,000. His reasoning was that I would more than double my money, and be able to pay the taxes on the bitcoin, and still retain my original investment.. he was right, and worth every bit of his fiduciary money. I wish I still had my bitcoin? Hell yes, but I’m not gonna lose any sleep over at I doubled my money and still have my original investment. I am just pissed that I didn’t purchase Nvidia.

justincredible

Honorable Admin

Wed, Feb 28, 2024 8:58 AM

Good lord, I wish I had 7 bitcoin.

Also, $60k.

justincredible

Honorable Admin

Wed, Feb 28, 2024 11:07 AM

$61k.

To account for inflation, the new ATH would need to be about $79k USD (not $69k (nice) that it hit in 2021).

What is wild to me is that all of this movement is happening before the halving in ~April. Historically it has made its move post-halving. Should be a fun 15-18 months ahead.

justincredible

Honorable Admin

Wed, Feb 28, 2024 12:36 PM

Damn, shot up to $64k and then dropped back below $62k.


MontyBrunswick

Senior Member

Wed, Feb 28, 2024 12:39 PM

the market is quite... volatile today.


coinbase isn't even showing a balance for me, presumably because everyone signed in to try and dump holdings during that spike. BTC showing as ~60k now.

justincredible

Honorable Admin

Wed, Feb 28, 2024 1:25 PM

Under $60k now, pack it up, bull run is over.

Ironman92

Administrator

Wed, Feb 28, 2024 4:54 PM
posted by justincredible

Damn, shot up to $64k and then dropped back below $62k.


Prayers for comfort


justincredible

Honorable Admin

Wed, Feb 28, 2024 4:56 PM
posted by MontyBrunswick

the market is quite... volatile today.


coinbase isn't even showing a balance for me, presumably because everyone signed in to try and dump holdings during that spike. BTC showing as ~60k now.

Looks like coinbase is getting a lot of the blame for the price "crash" today. Not sure how much validity there is to that blame, but coinbase does suck so fuck 'em.

justincredible

Honorable Admin

Sun, Mar 3, 2024 9:26 PM

Price hits $70k this week. Book it. 

justincredible

Honorable Admin

Mon, Mar 4, 2024 11:54 AM

$66.5k, that’s a good start to the week. 

justincredible

Honorable Admin

Mon, Mar 4, 2024 2:20 PM

Apparently coinbase crashed again after it hit $67k earlier. I think they're doing it intentionally, tbh.

MontyBrunswick

Senior Member

Mon, Mar 4, 2024 2:41 PM
posted by justincredible

Apparently coinbase crashed again after it hit $67k earlier. I think they're doing it intentionally, tbh.

Their site is probably overwhelmed with traffic whenever it spikes. 


It doesn't make sense for them to intentionally do it. They stand to gain more money if people use their site (buying or selling) because they charge fees on both sides of the transaction

justincredible

Honorable Admin

Mon, Mar 4, 2024 3:26 PM

They've had 4 years to prepare for what they knew was coming. They don't get a pass for not being able to handle a spike in traffic. I still say they are intentionally suppressing the price, but I think Brian Armstrong is a bad actor and haven't trusted coinbase since the last cycle. 

MontyBrunswick

Senior Member

Mon, Mar 4, 2024 5:06 PM
posted by justincredible

I still say they are intentionally suppressing the price