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

[flyingillini]

At what point is Coinbase a buy ?

 

[KVB]

At what point is Coinbase a buy ?
View attachment 57700

Down 30% in a month.

Multiple revenue streams and it's basically a growth stock. Looks pretty beat up too.

Might look to some derivatives there.

 

[flyingillini]

Down 30% in a month.

Multiple revenue streams and it's basically a growth stock. Looks pretty beat up too.

Might look to some derivatives there.

Im actually putting their numbers right now in the variance calculator that you graced the forum with to see what comes up.

 

[flyingillini]

Down 30% in a month.

Multiple revenue streams and it's basically a growth stock. Looks pretty beat up too.

Might look to some derivatives there.

Your variance calculations tell me it’s a buy at $139

 

[flyingillini]

“Saylor — one of the worst traders in modern history,” WoAS said

Although Scott Melker (aka The Wolf of All Streets) provides reasonable arguments to prove Michael Saylor is not good at timing the market, everything is not that simple in his words.

crypto.news

 

[Tanko]

I pray daily that this happens. I would be grinning ear to ear if they went bankrupt

https://www.thestreet.com/crypto/markets/economist-predicts-michael-saylors-microstrategy-will-eventually-go-bankrupt

This doesn't sound good.
If they sell and BTC tanks, we have some opportunities then.

 

[rolandcorts]

Saylor will never sell because... he can't. He'd just keep chasing a downward price and it'd ruin him.
When BTC appreciates, he's able to borrow more cash [against his BTC holdings] and buy even more BTC. That's why he's always buying tops. It has nothing to do with timing.

It's amazing how many people use 'technical analysis' here. It's embarrassing. Remember, since 1997 the Cubs are 12-2 on Wednesdays playing against the AL before 3PM EST.

 

[Tanko]

Remember, since 1997 the Cubs are 12-2 on Wednesdays playing against the AL before 3PM EST.

Holy crap. Cubs vs Rangers at 1:20 today.....
That sounds like a lock.

 

[Wagerallsports]

https://twitter.com/x/status/1910037615895589308

 

[rolandcorts]

Holy crap. Cubs vs Rangers at 1:20 today.....
That sounds like a lock.

I forgot to say that these edges never work when you're betting on the Cubs between the months of March and November.

 

[Wagerallsports]

https://twitter.com/x/status/1910478342563967116

 

[Tanko]

https://twitter.com/x/status/1910478342563967116

God. I hope he sat on the BTC he mined.
Guy would be worth BILLIONS.

 

[Archie]

what's the one story of that one guy very early on that bought some pizzas for his family with a few dozen bitcoin

 

[Archie]

oh shit .. not dozens. almost a billion dollars worth, now

Bitcoin Pizza Day is observed across the world on May 22. The day commemorates the first time cryptocurrency was used to buy products in the real world. Coincidentally, the first item that was bought with cryptocurrency was pizza! On May 22, 2010, Laszlo Hanyecz paid 10,000 Bitcoins to have two Papa John pizzas delivered. Nine months after the purchase, the two pizzas were worth $10,000, while in the year 2015, the two pizzas were valued at a whopping $2.4 million. The Bitcoin price reached a high of $63,000 in 2021, making the two pizzas worth $630 million.

 

[Tanko]

oh shit .. not dozens. almost a billion dollars worth, now

Bitcoin Pizza Day is observed across the world on May 22. The day commemorates the first time cryptocurrency was used to buy products in the real world. Coincidentally, the first item that was bought with cryptocurrency was pizza! On May 22, 2010, Laszlo Hanyecz paid 10,000 Bitcoins to have two Papa John pizzas delivered. Nine months after the purchase, the two pizzas were worth $10,000, while in the year 2015, the two pizzas were valued at a whopping $2.4 million. The Bitcoin price reached a high of $63,000 in 2021, making the two pizzas worth $630 million.

They may have been really good supreme pizzas. Do you think he regrets it?

 

[KVB]

what's the one story of that one guy very early on that bought some pizzas for his family with a few dozen bitcoin

It was like several decimal place down for the price of bitcoin, I don't think it was a few dozen. It might have been thousands.

I remember those days.

 

[KVB]

oh shit .. not dozens. almost a billion dollars worth, now

Bitcoin Pizza Day is observed across the world on May 22. The day commemorates the first time cryptocurrency was used to buy products in the real world. Coincidentally, the first item that was bought with cryptocurrency was pizza! On May 22, 2010, Laszlo Hanyecz paid 10,000 Bitcoins to have two Papa John pizzas delivered. Nine months after the purchase, the two pizzas were worth $10,000, while in the year 2015, the two pizzas were valued at a whopping $2.4 million. The Bitcoin price reached a high of $63,000 in 2021, making the two pizzas worth $630 million.

Yeah, this sounds right.

 

[eddycash]

It was 2 pizzas for 10,000 Bitcoins. I still regret not buying more at that time.

 

[Wagerallsports]

Bitcoin Price Table, 2010-2025 (Yearly)​

This table displays Bitcoin Historical Prices on January 1st of each year.

Year	Bitcoin Price ($)	Change ($)	Year-over-year (%)
2025	94,419.76	50,252.43	113.78
2024	44,167.33	27,542.25	165.67
2023	16,625.08	-31,061.73	-65.14
2022	47,686.81	18,312.66	62.34
2021	29,374.15	22,173.98	307.96
2020	7,200.17	3,356.65	87.33
2019	3,843.52	-9,813.68	-71.86
2018	13,657.20	12,658.88	1,268.01
2017	998.33	563.99	129.85
2016	434.33	120.09	38.21
2015	314.25	-439.97	-58.33
2014	754.22	740.92	5,569.07
2013	13.30	8.03	152.12
2012	5.28	4.98	1,659.16
2011	0.30	0.21	249.45
2010	0.09	0	0

 

[europro]

Hopint it goes to 0, worthless