Posted on 11/21/2024 12:14:12 PM PST by zeestephen
$98,530 at this writing.
(Excerpt) Read more at cnbc.com ...
amazing. I remember when they were giving away a bitcoin for free when they were first released.
I need to see if I still have my free one on some old ide hard drive somewhere.
Ping...
Hurrr derrr “Its just a scam!” derrrr.......
There. I saved somebody the trouble of typing it.
Perhaps you’re right, but I can’t afford even one of them, at those prices!
In the lightning network they use 12 decimal places, and their of these is a hard limit, they can be updated if there is ever significant need for further subdivision.
Shave and a haircut.... .000002 bits
“and their of these” should be “and neither of these”
I don’t kick myself for not buying any Bitcoin back when it was just a dollar.
Because had I bought a bunch at $1.00, I would have sold them all at $1.50, then bragged to my friends about my amazing 50% profit.
Time to buy!
I'm curious how BitCoin makes it's way in a world full of governments that want to create their own fake crypto currencies to fool us into think if we use the government approved ones we'll have privacy.
LOL
Yeah I came to that reasoning when I was kicking myself for not buying it at 200 bucks.
I would have sold it at 400, saw it jump to 800, bought it at 800, panicked when it went to 600 and sold...rinse and repeat at different prices..until I lost money :)
I bought at 27,000 this time around and I was lucky to buy SOL at 28...it’s at 250ish.
GENIUS you say?!?
Nah, I’m about even after a catostrophically greedy period during the last crypto bull run :)
If it all keeps going up, i’ll be in the black
The beauty of bitcoin and one of the big things that make people trust it is no government controls it.
The wall at $100,000 is about 1,500 bitcoin. That’s gonna take a few minutes to get through. It’s not happening today. Maybe tomorrow.
Anyway, the nature of this thing is to bounce high, fall back and then grind upwards.
So, my guess is we go to $100-110, drop back to $90. Then after Trump starts, it will take off to pretty lofty levels.
You forgot “Tulips.”
Today one could buy 163,500 tulips for one bitcoin. That doesn’t take into consideration you would probably get a wholesale price for that many.
How many bitcoins are there?
The key factor to Bitcoin, and any crypto currency, is the blockchain. This is a distributed open ledger that the world can see. Transactions are anonymous in the sense that names are not attached to them. But “wallet IDs” are certainly attached, and THOSE are listed on the public ledger. This means if someone knows your wallet ID, they can see EVERY transaction…going back to the first transaction.
If anyone is promoting any crypto currency as anonymous, run from them.
I went through a 4 year audit with the IRS. Trust me…they looked at every single thing I did from 2013 through 2022. And for a few of those years, I did a lot. They asked where everything went, and to whom.
I know people who accepted bitcoin for their businesses. Most of them rolled them over pretty fast. But some of them held onto them. Those people are very wealthy today. I remember paying a guy .75 bitcoin for a product. Trust me, it wasn’t worth $75k. LOL
The maximum amount is 21 million. About 19 million have been “mined.”
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