Bitcoin up about 16% in the last 24 hrs

Willthethrill73

Willthethrill73

Joined
Feb 17, 2022
Messages
278
I bought some Litecoin last year when it was at around $191 so def not looking to check that wallet out but after all this bear market is over, could be poised to get back to its $200 level and books taking litecoin is def a great option
If Bitcoin is going to gain again than no reason not to think Litecoin short term hovers just over $1.00 again
 

mikesmith99

mikesmith99

Joined
Jan 8, 2022
Messages
2,569
If Bitcoin is going to gain again than no reason not to think Litecoin short term hovers just over $1.00 again
Exaactly and little know fact is that before the ETH boom, Litecoin was the only other cryptocurrency that was deemed as having somewhat of a value storage characteristic (not as much as BTC but still) also the litecoin network tends to be more user friendly when it comes to fees, so it's like a lesser know dark horse (just like litecoin but thats not accepted by books so out of the convo)
 

RudyRuder

RudyRuder

Joined
Oct 23, 2021
Messages
5,341
wouldnt you think people would want their cash in cryptos to avoid inflation?


what is the reason for this downward trend?


cant be because warren buffett said he wouldnt pay $10 for all the bitcoin in the world
 

Capitalist Pig

Capitalist Pig

Joined
Oct 30, 2021
Messages
623
Really surprised it's going down after the Tennessee Titans recently became the first NFL team to start accepting Bitcoin
It’s one thing to accept it, its a totally different thing to have people who own it use it. I think we’re biased as far as btc goes since most of us are forced to use it. My Guess is 99.5% of btc owners don’t own it to use, they own it as a investment which probably isn’t working out so well at this point in time
 

keithrichard

keithrichard

Joined
Feb 19, 2022
Messages
1,344
I am curious. I know most people here use Bitcoin regularly. Does it concern you when the price is dropping daily like this as far as loosing money in the the short time it takes to make a transaction with a sportsbook? Is it not really a factor?
 

carolinakid

carolinakid

Joined
Oct 20, 2021
Messages
14,562
yrs ago i use to trade daily on the amex and oex indexes in the stock market and it drove me nuts, bitcoin is even worst
 

Enikk

Enikk

Joined
Oct 31, 2021
Messages
12,469
I am curious. I know most people here use Bitcoin regularly. Does it concern you when the price is dropping daily like this as far as loosing money in the the short time it takes to make a transaction with a sportsbook? Is it not really a factor?
I use Litecoin for deposits and they get added almost immediately at books. Can't remember one taking more than 5 minutes with most within 1 minute so it is never an issue and always get what I sent
 

carolinakid

carolinakid

Joined
Oct 20, 2021
Messages
14,562
it hard to do everything Wager, that would take up my whole day and night, i like games better now, sports is my life here, i eat, drink and sleep sport numbers when i sleep and this was all because of what DR.BOB taught me yrs ago.
 
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