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Started By
Message
re: Bitcoin is dropping like a rock. Down to 99,200
Posted on 11/23/25 at 11:24 pm to Hitman67
Posted on 11/23/25 at 11:24 pm to Hitman67
quote:
Your 401k or IRA will be far easier to Crack before they ever get to bitcoin.
Good thing your investments are insured against fraud. Also you still own the underlying investments if the bank was to go belly up.
Bitcoin fraud is the feature not the bug.
Comparing crypto and traditional finance is not even comparable. There are multiple systems in place to protect your money at places like vanguard.
Code is law is working great for the scammers. You click the wrong link or lose your passphrase everything is gone and you have no avenue to recover.
This post was edited on 11/23/25 at 11:31 pm
2
Posted on 11/24/25 at 6:56 am to UltimaParadox
BUT….. it can go up!!!
Posted on 11/24/25 at 8:29 am to Hitman67
quote:
Your 401k or IRA will be far easier to Crack before they ever get to bitcoin.
For sure and that means bitcoin is very vulnerable since all investment accts are extremely vulnerable
Posted on 11/24/25 at 11:10 am to Hitman67
quote:without needing to read any other post on this page, I can definitely surmise this thread has officially jumped the shark
Your 401k or IRA will be far easier to Crack before they ever get to bitcoin.
Posted on 11/25/25 at 1:42 pm to SuperSaint
Black rock just reported that they saw record outflows in its Ishares Bitcoin fund.
Bitcoin currently down to 86,200
Look out below or buy buy buy ?
Bitcoin currently down to 86,200
Look out below or buy buy buy ?
Posted on 11/25/25 at 4:06 pm to SlidellCajun
Bitcoin is not an investment…..it is a gamble…..nothing more.
Internet play money is what you are rolling the dice for. Play Money
Internet play money is what you are rolling the dice for. Play Money
Posted on 11/25/25 at 5:05 pm to SlidellCajun
quote:
Look out below
I havent seen the Bit Coin bros at the golf course in about 6 weeks. They are there everyday of course because ya know....bitcoin.
Must be bad.
Posted on 11/25/25 at 5:12 pm to SlidellCajun
The state of Texas announced their first buy today for $10M.
Posted on 11/25/25 at 6:53 pm to beaverfever
I know its a minuscule amount of the state budget, but what an absolute waste of tax dollars.
Guessing in a few years they will sell it and act like it never happened
Guessing in a few years they will sell it and act like it never happened
Posted on 11/25/25 at 7:36 pm to UltimaParadox
This could be an exciting experiment. People focus on the rest of the world trying to deleverage from USD. Things will get wild if US States start dumping USD to buy alternative currency…We’ll learn quickly how crypto friendly the US government really is.
Posted on 11/25/25 at 7:44 pm to lsuconnman
The US is a mess and is becoming more feckless every day. I think that’s the main reason people are flocking to alternative assets.
Posted on 11/26/25 at 2:49 pm to KillTheGophers
quote:
Bitcoin is not an investment…..it is a gamble…..nothing more.
Of course
It’s nothing but a trade for me.
There’s some out there that disagree and as long as that continues and grows, the demand to own it continues and price should increase. It’s musical chairs. I’m just playing it as long as the music plays.
Posted on 11/26/25 at 2:51 pm to UltimaParadox
quote:
Comparing crypto and traditional finance is not even comparable. There are multiple systems in place to protect your money at places like vanguard.
Correct. BTC is not constantly debased based on the political atmosphere of the given regime.
Posted on 11/27/25 at 8:29 am to SlidellCajun
I liquidated $150k yesterday for an unrelated reason. Considering using the majority of the proceeds on btc. It is sitting at 90k this morning. This would be my first crypto trade. I will go the etf route. I am still not a believer, but think it is trade worthy. It feels like returning to $125k is likely. I think Tom Lee is a pretty good analyst and he thinks 2026 will be a strong year for btc.
Posted on 11/27/25 at 10:13 am to KWL85
quote:
I think Tom Lee is a pretty good analyst and he thinks 2026 will be a strong year for btc.
Tom Lee thinks BTC is always going to have a strong year...
In 2018 he said BTC was going to 125K by end of year
In 2020 he said BTC was going to 150K by end of year
In 2023 he said BTC was going to 200K by end of year
In 2024 he said BTC was going to 250K by end of year
For 2025 he just said he is lowering his price target from 250K to 100K... very close
This post was edited on 11/27/25 at 10:15 am
Posted on 11/27/25 at 1:05 pm to KWL85
quote:
I liquidated $150k yesterday for an unrelated reason
sure you did Posted on 11/27/25 at 4:51 pm to UltimaParadox
quote:
Tom Lee thinks BTC is always going to have a strong year...
The guy is almost as insufferable as Mike Khouw with Yieldmax. It’s unbelievable how CNBC gives camera time to these fund frontmen to discuss opinions about assets in the funds they promote.
Posted on 11/27/25 at 5:25 pm to lsuconnman
If they couldn't talk their book, cnbc would have no guests. Its kinda the whole point.
Posted on 11/28/25 at 9:55 am to SDVTiger
quote:
I liquidated $150k yesterday for an unrelated reason
sure you did
You are one stupid arse poster. If you know so much, why did I liquidate?
I liquidated $150k yesterday for an unrelated reason
sure you did
You are one stupid arse poster. If you know so much, why did I liquidate?
Posted on 11/28/25 at 11:39 am to KWL85
You dont have a 150k
So you didnt liquidate anything. You dont need to keep lying
So you didnt liquidate anything. You dont need to keep lying
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