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BITCOIN Discussion..........

raiders72001

raiders72001

Joined
Jan 28, 2023
Messages
282
The BitCoin thing is interesting as its block chain has always been it's primary asset. Some say quantum computing is close to cracking that, in which case nobody is going to keep mining.

I can't imaging the heartache the crypto bros are going thru now- just watching your life's savings she'd value daily like this, it's gotta be sickening...but they always said BTN holders had a leveraged ratio of nearly 10:1...which would indicate a true cash on cash invested value $10k-$20k

Don't the criminals use Tether nowadays anyway?
They'll be ready. Even quantum computing will have problems breaking hashing. Plus there will be forks.
 

raiders72001

raiders72001

Joined
Jan 28, 2023
Messages
282
Bitcoin Halving Cycles: Peaks, Cycle Lows & Current Drawdown (Feb 20, 2026 Update)

Cycle (Halving Year) Peak Price (High) Peak Date Cycle Low Price Cycle Low Date Days Peak to Low Drawdown % (Peak to Low) Current Drawdown % (from Peak)
----------------------- ------------------ ---------------- ---------------- ---------------- ----------------- -------------------------- --------------------------------
2012 Halving Cycle $1,163 Nov 30, 2013 $177 Jan 14, 2015 410 -85% Historical
2016 Halving Cycle $19,666 Dec 17, 2017 $3,122 Dec 15, 2018 363 -84% Historical
2020 Halving Cycle $68,789 Nov 10, 2021 $15,599 Nov 21, 2022 376 -77% Historical
2024 Halving Cycle (so far) $126,272 Oct 6, 2025 Not confirmed N/A N/A N/A ~-46% to -50% (BTC ~$67K–$68K today)
 
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KVB

KVB

Joined
Apr 11, 2023
Messages
22,053
...It’ll never be a real currency. That’s the big issue they’ll always have.

Blockchain tech undoubtedly useful and will be used all of the place.

But you can't even compare the BTC ability to handle traffic for daily transactions to something like the VISA network.

It is what it is.
 

flyingillini

flyingillini

Joined
Jun 13, 2021
Messages
29,371
Coinbase stock popped! It was a no brainer when it was just down to $139, when it is all said and done they will reign supreme out of the exchange stocks.
 
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