Frozenbeernuts 2,365 Posted July 14 It's going up forever. Well so long as quantum computing doesn't ruin it before it can be quantum encrypted. Share this post Link to post Share on other sites
Cdub100 3,996 Posted July 14 On 7/11/2025 at 10:34 PM, Frozenbeernuts said: Where are all of the anti bitcoin people backing up what they said in this thread? We will see them in the bear market when Bitcoin is ONLY worth 70k. Share this post Link to post Share on other sites
Frozenbeernuts 2,365 Posted July 15 3 hours ago, Cdub100 said: We will see them in the bear market when Bitcoin is ONLY worth 70k. They will tell us how it's finally going to 0. Share this post Link to post Share on other sites
nobody 2,892 Posted July 15 4 hours ago, Frozenbeernuts said: They will tell us how it's finally going to 0. Aren't you the guy that thinks the pyramids were built by aliens or something like that? Share this post Link to post Share on other sites
Frozenbeernuts 2,365 Posted July 16 On 7/15/2025 at 12:51 AM, nobody said: Aren't you the guy that thinks the pyramids were built by aliens or something like that? I don't know how the pyramids were built exactly. Probably just a coincidence that pyramid structures all over the world in ancient times resemble each other so much. Some having the same symbols and depictions. Also one of the pyramids in Mexico being exactly 50% the size of great pyramid is just another fun coincidence. The pyramids in Antarctica are another coincidence. Remind me again what your words of bitcoin wisdom were. Share this post Link to post Share on other sites
easilyscan 1,023 Posted July 20 In a surprising turn of events, Vanguard has emerged as the largest institutional shareholder of MicroStrategy (MSTR), holding 20.5 million shares worth approximately $9.26 billion, representing 8.55% ownership of the company. This development marks a shift for the world’s second-largest asset manager, which previously dismissed Bitcoin (BTCUSD) as “an immature asset class.” Paragraph 8 is a bit concerning. Has me thinking of the phrase "fools rush in" Strategy’s success has sparked a wave of imitators. Even failing businesses are pivoting to Bitcoin treasury strategies, hoping to revitalize their stock prices through exposure to cryptocurrency. https://www.barchart.com/story/news/33512506/vanguard-is-now-the-top-investor-in-microstrategy-stock-should-you-buy-mstr-too Share this post Link to post Share on other sites
Cdub100 3,996 Posted July 21 On 7/20/2025 at 4:39 AM, easilyscan said: In a surprising turn of events, Vanguard has emerged as the largest institutional shareholder of MicroStrategy (MSTR), holding 20.5 million shares worth approximately $9.26 billion, representing 8.55% ownership of the company. This development marks a shift for the world’s second-largest asset manager, which previously dismissed Bitcoin (BTCUSD) as “an immature asset class.” Paragraph 8 is a bit concerning. Has me thinking of the phrase "fools rush in" Strategy’s success has sparked a wave of imitators. Even failing businesses are pivoting to Bitcoin treasury strategies, hoping to revitalize their stock prices through exposure to cryptocurrency. https://www.barchart.com/story/news/33512506/vanguard-is-now-the-top-investor-in-microstrategy-stock-should-you-buy-mstr-too Ultimately having a btc treasury will be very good for those companies.... if they can hold long term. Share this post Link to post Share on other sites
Horseman 2,684 Posted July 21 On 7/20/2025 at 4:39 AM, easilyscan said: In a surprising turn of events, Vanguard has emerged as the largest institutional shareholder of MicroStrategy (MSTR), holding 20.5 million shares worth approximately $9.26 billion, representing 8.55% ownership of the company. This development marks a shift for the world’s second-largest asset manager, which previously dismissed Bitcoin (BTCUSD) as “an immature asset class.” Paragraph 8 is a bit concerning. Has me thinking of the phrase "fools rush in" Strategy’s success has sparked a wave of imitators. Even failing businesses are pivoting to Bitcoin treasury strategies, hoping to revitalize their stock prices through exposure to cryptocurrency. https://www.barchart.com/story/news/33512506/vanguard-is-now-the-top-investor-in-microstrategy-stock-should-you-buy-mstr-too Whoa Share this post Link to post Share on other sites
easilyscan 1,023 Posted July 22 4 hours ago, Cdub100 said: Ultimately having a btc treasury will be very good for those companies.... if they can hold long term. I'm skeptical when I hear that failing businesses are pivoting to bitcoin treasury strategies. Makes it sound as if it's some magic formula that will turn around even the worst ones. Didn't you recently mention that bitcoin will correct back down to 70 K @ some point ? What's going to happen to a company already in dire straits, if they buy at or near the most recent top & it drops back to 70 K ? They'll go under. It's not that I care if they do, but before going under, they'll hire 'Pomerantz Law Firm' to initiate a frivolous class action lawsuit. Because, you know, they most certainly can't be held responsible for a very poor investment decision. Just like those ivy league money geniuses at silicon valley bank. Share this post Link to post Share on other sites
Cdub100 3,996 Posted July 23 On 7/21/2025 at 10:33 PM, easilyscan said: I'm skeptical when I hear that failing businesses are pivoting to bitcoin treasury strategies. Makes it sound as if it's some magic formula that will turn around even the worst ones. Didn't you recently mention that bitcoin will correct back down to 70 K @ some point ? What's going to happen to a company already in dire straits, if they buy at or near the most recent top & it drops back to 70 K ? They'll go under. It's not that I care if they do, but before going under, they'll hire 'Pomerantz Law Firm' to initiate a frivolous class action lawsuit. Because, you know, they most certainly can't be held responsible for a very poor investment decision. Just like those ivy league money geniuses at silicon valley bank. Most will go under I agree. And most will sell under pressure when BTC corrects to 70k Bitcoin can't fix a broken company but it can help a stock price. Eta - BTC is a double edged sword. When it goes up people love it when it goes down people hate it. Just look at the normies in this thread during the bear market. Michael saylor got crucified when BTC went down to 16k. He held when most won't. 1 Share this post Link to post Share on other sites
BiPolarBear 497 Posted July 25 When I got into crypto, I bought like I did in the NYSE. Mostly US stocks. So, I got HBAR, ALGO, and ADA. They pumped soon after I bought them and I sold all of it and got my initial steak into Bitcoin. I also scarified 100% of my AERO and ONDO. I rebought ONDO recently and it is up. Most resent purchase is SEI. I avoid XRP. I am not one of those that says it will go to $10,000 a coin. I think a lot of the people who say XRP will be huge are just looking for exit liquidity by suckering others into buying it. Ripple co-founder Chris Larson transferred 50 million XRP (about $175 mil) to addresses in 4 centralized cryptocurrancy exchanges. He has a -ton more XRP. Maybe he is just taking profits like everyone should. Share this post Link to post Share on other sites
Frozenbeernuts 2,365 Posted July 28 Paw Chain announced connections to bitcoin and XRP. I'm not sure when they will be completed. Getting close to a double off the bottom. Marketing is picking back up. As long as there isn't a crash in the crypto market, it will become one of the largest coins by market cap. All of the industry insiders who are learning about Paw Chain are blown away by how advanced it is. Big time institutional money, institutional as far as crypto is concerned, is coming to the Chain. Just a matter of time. Share this post Link to post Share on other sites
iam90sbaby 2,727 Posted July 28 On 7/14/2025 at 5:07 PM, Cdub100 said: We will see them in the bear market when Bitcoin is ONLY worth 70k. I could be wrong but I don’t think we will ever see bitcoin under 100k again. Share this post Link to post Share on other sites
Cdub100 3,996 Posted July 28 1 hour ago, iam90sbaby said: I could be wrong but I don’t think we will ever see bitcoin under 100k again. Nobody knows. In pastarkets Bitcoin has never gone below the previous markets high. Last cycle was 69k That's where I got 70k. Share this post Link to post Share on other sites
iam90sbaby 2,727 Posted August 13 On 12/22/2023 at 12:04 PM, iam90sbaby said: No it won't. ETH systems are much further along than anything SOL has going on. Not to mention all the best programmers in the world are involved with ETH. Boom. Just hit ATH. Most of crypto is in ETH. 1 Share this post Link to post Share on other sites
easilyscan 1,023 Posted October 5 On 8/12/2025 at 8:03 PM, iam90sbaby said: Boom. Just hit ATH. Most of crypto is in ETH. Another all time high. Wish CDub was around to discuss, but you know, PC https://finance.yahoo.com/news/bitcoin-hits-time-high-above-052636760.html Share this post Link to post Share on other sites
Frozenbeernuts 2,365 Posted October 5 I'm pouring one out for him right now. I hope he finds his way back so we can celebrate when Bitcoin hits $1 million. Share this post Link to post Share on other sites
edjr 6,914 Posted October 6 Has Gutterclown ever been right on anything? 1 Share this post Link to post Share on other sites
shadrap 261 Posted October 12 On 10/5/2025 at 8:39 AM, Frozenbeernuts said: I'm pouring one out for him right now. I hope he finds his way back so we can celebrate when Bitcoin hits $1 million. woffta! would love to hear cub's take on this. Share this post Link to post Share on other sites
easilyscan 1,023 Posted Sunday at 01:17 AM Over a month with zero posts. My MSTR has been taking a beating. Google and Apple continue to do well for me. I don't know if it'll hold, but Eli Lilly is over $1000 now! I want to sell out of the money calls so bad I can taste it in my spit, but it's in a taxable account, & if it continued to skyrocket and shares were called away, the capital gains would absolutely destroy me. Share this post Link to post Share on other sites
nobody 2,892 Posted Sunday at 02:47 AM Don't worry activity will pick up when bitcoin bounces back to 130k. All the usual suspects that disappear in times like this will be back in here crowing. Share this post Link to post Share on other sites
nobody 2,892 Posted 7 hours ago Nature of the beast... That chick from OpenAI talked about potentially needing a government back stop if they can't make good on all the debt they're accumulating building out data centers. That made the investing community say, "What the actual F?" and people have been comparing this AI gold rush to dot-com bubble of the late 90s where people spent like mad and completely over valued anything internet related Ever since then, the appetite for speculation has waned. When speculation wanes, bitcoin drops However, if we get a rate cut in December or January, it will spur speculation, and Bitcoin will be back over 120k in no time. So rate cut is the catalyst. If we get a cut in Dec, bitcoin safe. If they don't come out dovish enough, further pain will have to be endured until at least the Jan fed meeting. Share this post Link to post Share on other sites
easilyscan 1,023 Posted 52 minutes ago On 7/20/2025 at 3:39 AM, easilyscan said: In a surprising turn of events, Vanguard has emerged as the largest institutional shareholder of MicroStrategy (MSTR), holding 20.5 million shares worth approximately $9.26 billion, representing 8.55% ownership of the company. This development marks a shift for the world’s second-largest asset manager, which previously dismissed Bitcoin (BTCUSD) as “an immature asset class.” Paragraph 8 is a bit concerning. Has me thinking of the phrase "fools rush in" Strategy’s success has sparked a wave of imitators. Even failing businesses are pivoting to Bitcoin treasury strategies, hoping to revitalize their stock prices through exposure to cryptocurrency. https://www.barchart.com/story/news/33512506/vanguard-is-now-the-top-investor-in-microstrategy-stock-should-you-buy-mstr-too I wonder if whoever had the final say/OK on investing in MSTR has been called in on the carpet yet ? At this point, my assessment that it looked like fools were rushing in, is holding up fairly well. On the date I posted that, bitcoin was @ 117 K & MSTR was @ $423 Today: 85 K & $170 Just goes to show you, you can have a guy/gal in an office with Ivy League diplomas covering the walls, but when it comes right down to it, they can fock things up as well as anyone. Like Silicon Valley Bank, whose executives made huge bets that interest rates would stay low indefinitely. Share this post Link to post Share on other sites
easilyscan 1,023 Posted 43 minutes ago 6 hours ago, nobody said: So rate cut is the catalyst. If we get a cut in Dec, bitcoin safe. If they don't come out dovish enough, further pain will have to be endured until at least the Jan fed meeting. I only have a very basic understanding of how bitcoin works, and zero understanding of how it's valued as an investment. When you state that all bitcoin needs to turn back up is lower interest rates, is it something more than the premise that when interest rates are low, investors are willing to take more risks in search of higher returns ? Share this post Link to post Share on other sites
WhiteWonder 2,940 Posted 23 minutes ago 20 minutes ago, easilyscan said: I only have a very basic understanding of how bitcoin works, and zero understanding of how it's valued as an investment. When you state that all bitcoin needs to turn back up is lower interest rates, is it something more than the premise that when interest rates are low, investors are willing to take more risks in search of higher returns ? I don't think so. I think the idea is that greater risk tolerance among investors will have them piling back in to things like bitcoin. I do have basic understanding of how bitcoin works and it certainly has plenty of utility... somewhere way back in this 188 pages i've been on record saying it won't replace fiat currency unless governments allow it (regulate it) which part of the big initial selling point on btc was its unregulated nature and how it was going to be the new world currency.... So I think a lot of reasons it was being touted several years ago are totally bunk. Anyone invested in btc, or any other cc's quickly became simply interested in how much their investments were worth in USD. I am all for a good trade. the last time I had eth I sold it in 2024. It's definitely back on my radar Share this post Link to post Share on other sites
