02-28-2024, 10:44 AM
Hey Roll...how 'bout them BITCOINS!
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02-28-2024, 11:34 AM
02-28-2024, 11:38 AM
I ROLLed my non BTC crypto to BTC several months ago. Thank goodness.
That said, it's just play money for me. Don't put real retirement $$$ in that mess
02-28-2024, 11:39 AM
02-28-2024, 12:14 PM
Saw it hit $64k on Coinbase.....and then Coinbase crashed
Gonna be a fun ride. Hope everyone packed their Bitcoin bags (as I endlessly reminded them). The train is now leaving the station. It's much earlier this cycle than it has been for any previous cycle, but the ETF's appear to have disrupted Bitcoin's normal 4 year cycle. Previously, we wouldn't see this kind of approach to All Time High's until 4Q of this year.....followed by a parabolic run up to new ATH's by 4Q next year. But these ETF's are just HOOVERING up the available Bitcoin......and the supply of new Bitcoins gets cut in HALF in about 50 days. God only knows how high this thing could go after that. We've never seen what infinite money does to the price of absolute digital scarcity before. Completely unchartered territory. I think it's safe to say that we can throw all of the models out the window. Buckle up and prepare to get your face melted. (02-28-2024, 11:38 AM)Replying to DawgWood Why? You don't want to retire? (fwiw, Rule #1: Thou shalt not buy shitcoins. ONLY Bitcoin) |
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