Domain: tiger-web1.srvr.media3.us Will the Bitcoin selling start accelerating? | Page 2 | Money Talk
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re: Will the Bitcoin selling start accelerating?

Posted on 2/5/26 at 3:27 pm to
Posted by LoneStar23
USA
Member since Aug 2019
5796 posts
Posted on 2/5/26 at 3:27 pm to
Debating on selling my position in it that I've been slowly building.
Posted by beaverfever
Arkansas
Member since Jan 2008
35749 posts
Posted on 2/5/26 at 3:32 pm to
quote:

Sure. But we're now at about the same price we were at almost 5 years ago. And that's WITH massive inflation at its back.
November 2017 through November 2022 was flat.
This post was edited on 2/5/26 at 3:39 pm
Posted by beaverfever
Arkansas
Member since Jan 2008
35749 posts
Posted on 2/5/26 at 3:34 pm to
quote:

Debating on selling my position in it that I've been slowly building.
Good luck deciding.
Posted by Big Scrub TX
Member since Dec 2013
38961 posts
Posted on 2/5/26 at 3:44 pm to
quote:

November 2017 through November 2022 was flat.
I'm just saying that the price was right around here in March/April 2021.

With big inflation.

Much closer to the 21 millionth (and final) coin.

With plenty of repressive regime chaos around the world (you know, the kind that supposedly generates a huge end user case for fake money).


Maybe it goes to 10 million one day...but it sure is strange how the EXACT confluence of factors that was always cited as being the very reason it would go to 10 million don't seem to be able to make it go up.
Posted by David_DJS
Member since Aug 2005
22273 posts
Posted on 2/5/26 at 3:44 pm to
quote:

Sure. But we're now at about the same price we were at almost 5 years ago. And that's WITH massive inflation at its back.

I haven't crunched the numbers but am willing to bet if you take the worst case scenario for BTC - assume a buy on the day in '21 BTC peaked as the start of the 5 year period and today the end, the dollar and BTC have about the same purchasing power today.

Not the store of value we want BTC to be, but then again we've contrived the worst case scenario here.
Posted by Big Scrub TX
Member since Dec 2013
38961 posts
Posted on 2/5/26 at 3:45 pm to
quote:


I haven't crunched the numbers but am willing to bet if you take the worst case scenario for BTC - assume a buy on the day in '21 BTC peaked as the start of the 5 year period and today the end, the dollar and BTC have about the same purchasing power today.

Not the store of value we want BTC to be, but then again we've contrived the worst case scenario here.
Not sure what your point is.
Posted by Pimphand
Member since Sep 2021
4579 posts
Posted on 2/5/26 at 4:05 pm to
quote:




Laugh all you want the ETF exposure just gave the shitbags an easier path to shorting the shite out of it. You let the wolf guard the henhouse.
Posted by David_DJS
Member since Aug 2005
22273 posts
Posted on 2/5/26 at 4:19 pm to
quote:

Not sure what your point is.

Maybe I misread what your point is. You were responding to the guy that scoffed at the notion that BTC was going to zero, and you pointed out that BTC has retraced its 2021 pricing amidst rampant inflation. I took that to mean you found the "go to zero" scenario plausible because BTC has performed so poorly. I merely pointed out that with the worst possible timing of buy/sell, BTC has done no worse than the dollar the last five years (your timeframe).
Posted by theballguy
Colorado (home) & DC (work)
Member since Oct 2011
34700 posts
Posted on 2/5/26 at 4:26 pm to
I don't understand it so I never bought it. If I did buy any, I would never sell the whole thing anyways.
Posted by Big Scrub TX
Member since Dec 2013
38961 posts
Posted on 2/5/26 at 4:57 pm to
quote:


Maybe I misread what your point is. You were responding to the guy that scoffed at the notion that BTC was going to zero, and you pointed out that BTC has retraced its 2021 pricing amidst rampant inflation. I took that to mean you found the "go to zero" scenario plausible because BTC has performed so poorly. I merely pointed out that with the worst possible timing of buy/sell, BTC has done no worse than the dollar the last five years (your timeframe).
But the dollar has been around for centuries and isn't even a fraction as volatile.

The bitcoin-to-zero scenario is quite plausible.
Posted by beaverfever
Arkansas
Member since Jan 2008
35749 posts
Posted on 2/5/26 at 4:58 pm to
quote:

Laugh all you want the ETF exposure just gave the shitbags an easier path to shorting the shite out of it. You let the wolf guard the henhouse.
I was thinking about this today. The severity and violence of the correction has to be partially brought on by hedging and people actively trading it.

It does make me wonder if it’s a spring that will uncoil when the trade unwinds. The IV blowing out is interesting. This isn’t the normal dynamic.
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