Bitcoin hits all-time high of $28.4K and rising !

#21
Bitcoin hit all-time high this last weekend @ $62,000 per bitcoin (+/-)
But since then it been dropping.
Today at this minute it is $48,000

Usually this is okay as the volatility of crypto currency can be seen at maybe 8 thousand $ up or down in one 24 hr period.
That's alot , but I seen it. This ain't Kansas anymore !

Anyway, for the last 2 days its been dropping on a steady rate (if you can count anything as steady with these things).

But I know it will peak back up and continue on to its one million dollar mark per coin.
This may be the 'half' or the Bull is tried :eek:

Do not fear thou , bitcoin will get back on that up scale at a 'steady' rate. Until next time.

I am just saying all this so if indeed anyone wanted to grab some bitcoin and store in a Wallet and watch it's value increase, this low peak may be good time to buy :)
Just sayin'

Do not invest any more then you are willing to loose.
I thought hard about that back in December, 2020 ... and mine was $150.00 that I was willing to loose, which I bought in at $14,000 per bitcoin :)

just sayin' :)
 
#22
You can also get your money out of crypto and cash back in hand (some exchanges have a waiting time before a withdrawl is allowed , maybe up to 14 days).
That is thru a Kiosk machine (bitcoin ATM).

You loose with the percentage them machines take, but generally you would gain if bitcoin was sold at a high peak in any given day.
Them Kiosk fees vary. The one here in my town is one of the highest in fees and can be from 13% upwards to 24%.. ohhh did I tell you them fees vary with each transaction? .. nuts ... lol

taxes would also be due for monies earned from investments.

But according to records of a friend of mine, he always ends up with a gain at what he original deposited, when selling bitcoin thru a machine even with its fees.
Another is thru online sites with verified trusted buyers of your coin. And deposited into a paypal account or similar.

That is just me telling you that yes indeed you can sell bitcoin for cash in hand at any time.

There are other ways too, but you can always get back your investment at anytime.

The longest turn around to get cash back from a Kiosk machine that I have experienced or heard about is approx 4 hrs., and regularly at a non-busy time can be just a few minutes.

Cash back can be up to $10,000 depending on the owner/brand of the Kiosk
 
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#23
there are two tunes I'd like to mention, here.

Simply Irresistible
Robert Palmer
Code: 
https://www.youtube.com/watch?v=UrGw_cOgwa8

damn I forgot the other one....

Ohh I know it :)

Candy's Going Bad
Golden Earing
Code: 
https://www.youtube.com/watch?v=tTUZXWKRVM4
 
#25
Assorted C/Ps from a few sources.

After seeing a high of +/- $62,000 it now looks like we have seen one of bitcoins worst weeks in terms of looses.
It took looses of upwards and beyond 20% this last week.

Bitcoin has been on a sharp rise since last year 2020
This was due in part to the same factors that led to the rise of gold in 2020.
A weak U.S. dollar and plummeting interest rates during the pandemic have spurred investors to look to alternative assets.

Bitcoin and the crypto market have probably benefited the most from mainstream acceptance.
PayPal announced in 2020 that it would accept Bitcoin on its platform.
WealthSimple announced that it would allow Bitcoin trading.

Then Tesla founder and CEO Elon Musk announced that his company had poured US$1.5 billion into Bitcoin.
Tesla achieved a US$1 billion profit from this quick dip into crypto. That was larger than the profit it made on its electric vehicles over the past year.

Over the past couple of weeks, big names have dumped on the crypto space.
Janet Yellen, former chairwoman of the Federal Reserve and current U.S. Secretary of the Treasury, called Bitcoin “extremely inefficient.”
Bill Gates also warned against betting on the volatile digital currency.
These comments have coincided with this sharp dip from all-time highs.

*My own opinion on Bill Gates is that he is a monster and is scared that the dollar will crash hard and forever. He just bought up a bunch more farm land in the USA and now holds the most farm land of anyone in the USA. Seems he is trying to gain assets and what better then our farm land that feeds us... God help us all once Gates has full control of our food :eek:
And that she-devil Janet Yellen can't be trusted to say anything except whats good for her. She has too many interests in the dollar to be bias.

Almost two weeks ago, Canada launched the first-ever Bitcoin exchange-traded fund. This development garnered international attention, as it was the first Bitcoin ETF to be launched on a major exchange.
This did not come at the best time for cryptocurrencies thou, as TSX:BTCC.B was down 11.6% in trading at the time.

It seemed inevitable that the bull market had to calm down at some point.
HIVE Technologies and Hut 8 Mining are crypto mining firms that have benefited hugely from Bitcoin’s bull run.
Both stocks have dropped down sharply.

But keep in mind that bitcoin has done this before. It rocketed up and then dropped back down. But after all has been said and done, the overall value has been increasing, even with these spikes.
 
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#27
Ryu said:
bitcoins back up high again :)
Click to expand...

Yes it is :)

This last couple of weeks bitcoin has been jumping up and down in value, but not again reaching that high it had seen awhile ago.

We started seeing this recent rise at the start of this past week. And it seems to be more stable as far as its volatility.


C/P
'Many stocks with a financial interest in the leading cryptocurrency Bitcoin, traded sharply higher on Monday morning.
A cautiously 'bullish' Bitcoin report from well-respected analyst managing director Kathleen Boyle of the firm Citi, sparked the jump, assisted by a modest rebound in cryptocurrency prices after a difficult end to February.'

'It's no surprise to see Bitcoin investors focusing on the 'bullish' parts of Boyle's analysis.'
 
#30
Seems to be maybe a bit 'bullish' :eek:

1595966765-5684.jpg
 
#31
Tue, April 13, 2021

Cryptocurrency exchange Coinbase Global Inc., was set to be valued at more than $94 billion in a stock market debut on Wednesday April 13th, that marked another milestone in the development of bitcoin and other digital assets.
This also must be expected to receive much greater government scrutiny into the future.

Bitcoin hit a record of $62,741 on Tuesday, extending it's 2021 rally to new heights.

Coinbase, the largest U.S. cryptocurrency exchange debut it's listing on the Nasdaq on Wednesday, which is considered a landmark for cryptocurrency advocates.
Bitcoin the world's biggest cryptocurrency, rose as much as 5% on Tuesday.
Smaller rival Ethereum, also reached a record high.

Bitcoin topped $60,000 early last month, fueled by Tesla's move to buy $1.5 billion of the digital currency for its balance sheet.
For the past two weeks, it had traded in a tight range.
Demand is now flooding the market from institutions, just as large amounts of Bitcoin and Ethereum are increasingly being taken offline and holders are transferring them to their own offline wallets.
There is only one outcome from that, and investors should expect higher highs and higher lows throughout the year.

c/p from multiple sources
 
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#33
Ryu said:
bitcoin dropped down to $54000
Click to expand...

Yea and still dropping this morning.... but it is not surprising thou.
Them analysts expected to see some more volatility and with low lows and high highs, after Coinbase's Wallstreet Stock debuted last week.


For the fun of it all, I also bought some Ethereum (ETH) cryptocurrency, perhaps 4 or 5 months ago.
I tripled my money on this as of today !!!

I only started with 5 bux worth of ETH thou and now that same ETH is worth a little over 15 bux ... If I sell now, I will have tripled my money :) lol
 
#37
Ethereum (ETH) is continuing on it's steady increase in value.
Ethereum is a decentralized open-source blockchain system that features its own cryptocurrency, which is called Ether.
Ethereum (ETH) works as a platform for numerous other cryptocurrencies as well as it's own Ether coin, and for the execution of decentralized smart contracts.

At the start of May 2021, one Ether coin was worth approx $3000 USD and today May12, that same coin has hit a high of $4300 approx

While bitcoin has been a very volatile coin, with large highs and just as large lows, in a single week or even one day, Ether has been far less volatile and showing a steady climb since prolly mid-summer of 2020.
Since the beginning of May there has been a large amount of activity in Ethereum, which has been driving the value up at a faster rate.

'Bitcoin's and Ethereum’s market capitalization is now greater than all the largest banks in the world. Based on market cap, it now ranks above JP Morgan Chase, Bank of America, and Wells Fargo among others.'

Bitcoin - market cap $1 trillion
Ethereum - market cap $499 billion
JP Morgan Chase - market cap $479 billion

Cap Charts from ambcrypto.com
Code: 
https://ambcrypto.com/this-fact-offers-insights-into-how-much-ethereums-price-can-grow/
 
#40
realdeal said:
Someones going to get hurt and it wont be Elon.
Click to expand...

I just heard that earlier today Elon announced that Tesla will no longer be accepting bitcoin as payment.
oooppps.....

What will that do to the Cypto market ?
It tanked today, was last I heard.
Elon did not sell any cyrpto onto the market, none from Tesla accounts anyway.

Bitcoin dropped over 10% today and the overall market lost.
Bitcoin ht low of approx $46K and currently sits approx $49K
Ether had a big loose, relatively speaking. Started the day @ approx $3.6K and currently sits @ approx $4.7K which is about a 9.6% loose in one day... that is a huge difference in a day of trading with Ether.
Bitcoin on the other hand sees this sorta volatility as per norm, almost :eek:
I think Tesla dealt mainly in Etherium and Ether cyrpto coin, as apposed to bitcoin crypto

more to come ....
 
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