Posted on 02/02/2026 1:37:24 AM PST by zeestephen
Live one year chart on CNBC (Business).
(Excerpt) Read more at cnbc.com ...
Time to buy more.
Somebody is going to take a bath.

If YOU would like to be on a CRYPTO PING LIST, please pm me.
The Crypto Ping List covers the following:
Bitcoin
Ethereum
Other coins built on the Ethereum blockchain mining
etc.
Thanks! For it - or ag'in it, it'll be a wild ride.
—> What are the EPS and dividend rate for bitcoin?
Now do gold & silver
I see crypto down, AI stocks like NVidia getting trounced. AI data centers are hitting the wall of no surplus electricity for new builds. This has made silver crash down and gold with it.
All stock markets are down a bit today
The dollar's value is backed by the full faith and credit of the federal government. The full faith and credit of the federal government is backed by the taxes they extract from the economy. The economy is backed by the needs and wants of Americans and the world that wants American goods.
I'll take the dollar over a computer algorithm backed by nothing.
The real value of bitcoin is less than nothing.
This scam has wasted so many people's lives, and someday history will show it as having a negative worth.
It was always worth nothing, and now I say "less than nothing", because people will never get back all the time they wasted on this stupidity.
Sort of a mess.
I trimmed back a bit and bought a bit.
Really, just adjusting the sails.
Mostly unchanged.
These things need time to adjust to all that’s happening.
I would argue that there is a significantly higher chance of USD being worth zero grams of gold before BTC is worth zero grams of gold.
I agree. That’s why I invested some money that I could afford to lose, and I’m just gonna let it sit.
Not sure I am yet willing to call BTC the most expensive NFT or pet rock right now, but I never understood the NFT scam craze.
Therea are other tokens that will become a part of the economy and many people will be using without even knowing it. Tokenization is already happened in other countries. For older folks, they will have a hard time understading, but younger generations will have the opportunity to own assets that they do not have access to today.
It’s now down to about $66,000 and now below its mining costs, yet the companies that support Bitcoin have to stay in business regardless of losses to support the market.
Already have and then some/
down to 67,000 today. Never catch a falling knife.
I disagree. US dollar is backed by POWER TO TAX by the government. Every American outfit will be broke before the US govt, who backs the dollar.
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