Bitcoin Price Thread

Discussion in 'Crypto Assets' started by Magna, Nov 26, 2017.

  1. johnarb

    johnarb

    Hardly anyone posts on this bitcoin price thread, Arnie,

    if I don't call out waxy, he will spam this thread with ABC fud charts that bitcoin is about to crash


    upload_2025-6-27_0-22-42.png
     
  2. wxytrader

    wxytrader

    I came here originally because of an iron condor I had placed on FED day without realizing it. I was wondering why it suddenly got so volatile LOL. Why would I come here to talk about Bitcoin? I got dragged into this topic because cuz you guys are clueless... And my 2008 Lambo proves it. :)
     
  3. wxytrader

    wxytrader

    This topic only got interesting when I started posting projections... Other than that, it's hundreds and hundreds of pages of nonsense. :)

    @johnarb feathers are ruffled right now because he's oversized and under water again. :)
     
  4. johnarb

    johnarb

    So waxy, you bought a 2008 Lambo with your profits you claim (lol) to have bought bitcoin in 2018 at $4k/each

    $40k worth of bitcoin? $80k worth of bitcoin?

    waxy, you fibber you, I was here in 2018 and 2019, those years are brutal for bitcoiners, and you somehow, against all odds, never sold when it went up to $8k..

    and crashed back down to $4k, especially in 2020 rallied above $12k, then crashed to $3.5k

    are you saying you're a hodler but never once posted like a brainwashed bitcoiner cultist, you know, things discussed in the bitcoiner bible "The Bitcoin Standard"

    You are full of shit, waxy, :D you never bought a single bitcoin in your life, you're just a troll that signed up on ET because you're lonely :D
     
  5. nitrene

    nitrene

    According to the Crypto reporter on CNBC, whales are selling BTC & corporations are buying so it is a wash.

    Seems like MSTR stock is a good tell on BTC price and MSTR peaked a while ago. It seems to be climbing back now so maybe BTC is just in consolidation mode. It is odd with such a big buying day on the NASDAQ you get people selling BTC.
     
    semperfrosty and johnarb like this.
  6. wxytrader

    wxytrader


    ??? During the first run-up to 19k I kept hearing about bitcoin in the pool hall of all places from a guy on my team...every week 2k... 3k...6k...8k 12k...19k lol...I initially looked at it at $400 in 2015 or whenever so I was like damn missed that one! I said as soon as this retraces I'm in! Your misery was my buying opportunity. :)
     
    Last edited: Jun 26, 2025 at 2:54 PM
  7. johnarb

    johnarb

    you are full of shit, waxy, you never bought a single bitcoin in your life :D

    You're telling everyone here that you put in over $40k in bitcoin just like that, and over the course of many months it more than doubled, then watch it crash to less than $40k?

    2018-2019 you just magically wished away, LOL

    And if that's not bad enough, beginning of 2020 bitcoin triples your investments and crashes in March to less than cost basis again!!!!

    seriously you think anyone will believe you, waxy????? :D
     
  8. wxytrader

    wxytrader

    ??? You literally just described what hodling is lol. Did you get shaken out or something @johnnyweakhands?
    3k---->70k--->14k--->70k--->40k--->100k :)

    Anyway, as mentioned I'm all about income now, not capital gains.
     
    Last edited: Jun 26, 2025 at 3:42 PM
  9. johnarb

    johnarb

    You never bought a single satoshi in your life, waxy, stop lying to everyone here and to yourself :D
     
  10. wxytrader

    wxytrader

    That is a true statement. I have never bought a "single" satoshi in my life. :)
    As mentioned I mostly bougth BITO and BTCC.B instead...why wouldn't you?

    Let's do the math:

    Comparison: $100K Invested Nov 8, 2022 – June 26, 2025 (right before FTX scandal)

    Investment Final Value Dividends (or yield) Capital Gains Total Return

    BITO (DRIP)
    ending value: $431,715
    Bitcoin (BTC)
    ending value: $328,000
     
    Last edited: Jun 26, 2025 at 3:53 PM