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Joined: Dec 2013
Posts: 23,686
Campfire Ranger
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Campfire Ranger
Joined: Dec 2013
Posts: 23,686 |
Touched on $55k today. Anyone want to guess the ceiling on this rally? It hits $100k I’m buying a sauer 404 in 7mag with an aimpoint like those wild boar fever guys use and hunt in a tweed jacket this season.
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Joined: May 2015
Posts: 2,109
Campfire Regular
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Campfire Regular
Joined: May 2015
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I think this run could be a signal beyond Bitcoin.
@jameslavish
If you work 40 hrs/wk: at 5% inflation and after 5 years, you need a 28% pay raise or to work 44 more hours (*one full extra week* per month+) to make up the difference.
This is inflation
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Joined: Feb 2001
Posts: 4,041
Campfire Tracker
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Campfire Tracker
Joined: Feb 2001
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I don't own Bitcoin and never have.
I do own stock in bitcoin miners though. Have treated me well.
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Joined: Nov 2004
Posts: 7,108
Campfire Tracker
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Campfire Tracker
Joined: Nov 2004
Posts: 7,108 |
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Joined: Dec 2013
Posts: 23,686
Campfire Ranger
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Campfire Ranger
Joined: Dec 2013
Posts: 23,686 |
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Joined: May 2015
Posts: 2,109
Campfire Regular
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Campfire Regular
Joined: May 2015
Posts: 2,109 |
Looking ahead...lol
You can either figure it out or...
@jameslavish
If you work 40 hrs/wk: at 5% inflation and after 5 years, you need a 28% pay raise or to work 44 more hours (*one full extra week* per month+) to make up the difference.
This is inflation
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Joined: Aug 2021
Posts: 7
New Member
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New Member
Joined: Aug 2021
Posts: 7 |
Last 5 months were great example why time in market and DCA is better than timing the market.
Imagine how many people got left behind waiting BTC at 25k,30k,35k,40k,45k,50k..
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Joined: Nov 2018
Posts: 3,734
Campfire Tracker
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Campfire Tracker
Joined: Nov 2018
Posts: 3,734 |
It was just my imagination running away with me. Edk
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Joined: Jun 2017
Posts: 320
Campfire Member
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Campfire Member
Joined: Jun 2017
Posts: 320 |
I bought in 2017 and again in 2018. It can go crazy all it wants... I wish i had bought back then, at least $50k worth. dayum!
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Joined: Jun 2017
Posts: 320
Campfire Member
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Campfire Member
Joined: Jun 2017
Posts: 320 |
I don't own Bitcoin and never have.
I do own stock in bitcoin miners though. Have treated me well. Can you please DM me and tell me about it?
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Joined: Oct 2010
Posts: 7,682
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2010
Posts: 7,682 |
Maybe that guy knows something you don't? $6 BTC = Tulips $60 BTC = Tulips $600 BTC = Tulips $6,000 BTC = Tulips $60,000 BTC = Tulips Just because a person has been wrong the last 15 years in a row doesn't mean he is wrong now.
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Joined: Jul 2010
Posts: 8,491
Campfire Outfitter
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Campfire Outfitter
Joined: Jul 2010
Posts: 8,491 |
How would you turn your bitcoin into cash?
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Joined: Dec 2013
Posts: 23,686
Campfire Ranger
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Campfire Ranger
Joined: Dec 2013
Posts: 23,686 |
How would you turn your bitcoin into cash? Sell it for USD on Coinbase. They have a debit card option now too tou can use to spend your crypto funds, never looked into it myself though. Possibly an easy button option.
Last edited by jackmountain; 03/02/24.
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Joined: Nov 2004
Posts: 7,108
Campfire Tracker
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Campfire Tracker
Joined: Nov 2004
Posts: 7,108 |
Maybe that guy knows something you don't? $6 BTC = Tulips $60 BTC = Tulips $600 BTC = Tulips $6,000 BTC = Tulips $60,000 BTC = Tulips Just because a person has been wrong the last 15 years in a row doesn't mean he is wrong now. you make my point without even knowing it. I get it if you enjoy speculation and don’t care. That is what bitcoin is. It has no tangible value other than what the market says. Just because something keeps going up in price, that doesn’t make it a great investment by itself. You do understand the difference between smart and dumb money? Dumb money are non sophisticated investors. What was I wrong about for 15 years? Bitcoin is todays tulips.
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Joined: Jul 2010
Posts: 8,491
Campfire Outfitter
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Campfire Outfitter
Joined: Jul 2010
Posts: 8,491 |
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Joined: Dec 2013
Posts: 23,686
Campfire Ranger
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Campfire Ranger
Joined: Dec 2013
Posts: 23,686 |
Maybe that guy knows something you don't? $6 BTC = Tulips $60 BTC = Tulips $600 BTC = Tulips $6,000 BTC = Tulips $60,000 BTC = Tulips Just because a person has been wrong the last 15 years in a row doesn't mean he is wrong now. you make my point without even knowing it. I get it if you enjoy speculation and don’t care. That is what bitcoin is. It has no tangible value other than what the market says. Just because something keeps going up in price, that doesn’t make it a great investment by itself. You do understand the difference between smart and dumb money? Dumb money are non sophisticated investors. What was I wrong about for 15 years? Bitcoin is today’s tulips. No. It has the possibility, dependent on the level of acceptance, of being a way to electronically transfer funds immediately, anywhere in the world without relying on/being enslaved to, a global banking cartel. It has the possibility to be an accepted means of currency that’s value can’t be manipulated by a central bank by producing more anytime they want. It has the possibility of breaking the chains put on us by the illegal privately owned Federal Reserve that hijacked our currency.
Last edited by jackmountain; 03/02/24.
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Joined: Jul 2010
Posts: 8,491
Campfire Outfitter
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Campfire Outfitter
Joined: Jul 2010
Posts: 8,491 |
Coin base has had some problems in the past.. I don't know if they were related to Tether.
I would probably use bitcoin to buy gold or precious metals. Most of the big sellers of precious metals take bitcoin.
They have 3 price structures: from the most expensive to the least.
1) credit card
2) check
3) bitcoin
Just a thought.
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Joined: Jan 2009
Posts: 11,522
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2009
Posts: 11,522 |
Ok, so who has cashed out? You put how much in, and took how much out?
Profits?
Feel free to brag if applicable.
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Joined: Feb 2001
Posts: 4,041
Campfire Tracker
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Campfire Tracker
Joined: Feb 2001
Posts: 4,041 |
I don't own Bitcoin and never have.
I do own stock in bitcoin miners though. Have treated me well. Can you please DM me and tell me about it? Right now it's MARA. I have been scalping the very short term swings. Am now holding from when it recently traded at 16 bux. Looking for movement at halving time. Lot's of info on MARA available. I think MARA is the miner to play these days.
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Joined: Jun 2013
Posts: 4,826
Campfire Tracker
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Campfire Tracker
Joined: Jun 2013
Posts: 4,826 |
"A Republic, if you can keep it." ~ B. Franklin
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