Bitcoin At $77,000 - Down 40% Since $126,00 All Time High In October 2025

CNBC (Business) ^ | 02 February 2026

[zeestephen]

Live one year chart on CNBC (Business).

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TOPICS: Chit/Chat
KEYWORDS: afoolandtheirmoney; bitcoin; crypto; cryptocurrency; foolsgold; poof; scam

[11th_VA]

I’ve made some money off this bull buying and selling - but not holding overnight. Wow …

[Nateman]

I've never been interested in buying something that is literally nothing but a mathematical construction. Amazing just how big Bitcoin has become . Milton Friedman predicted a way to move money around on the Internet would eventually be invented.

[MarlonRando]

I like Worldcoin. You have to prove you’re a human to use their apps

[Leaning Right]

Warren Buffett once said he’s not investing in Bitcoin because he only invests in things he understands. And he doesn’t understand Bitcoin.

Buffett certainly understands Bitcoin, and was just making a point there. And he’s not always right. Nevertheless, he’s got one heck of a track record.

[Nateman]

Imagine if you had got into Bitcoin back then!

[equaviator]

Bitcoin...or is it “Bitgroin”?

[Leaning Right]

> Imagine if you had got into Bitcoin back then! <

Ah, yes. But I doubt very much if I would have kept it. Once I doubled my money, I’d be out.

Anyway, there were lots of such early opportunities. Amazon, Microsoft, etc. I missed them all. But I don’t feel bad about that. I’m happy enough just buy and hold the S&P 500.

[Nateman]

I did own a pound of Gold that I bought for 400$ an oz. Too bad I needed the money and had to sell it all soon after.

[ReganFan4ever]

Sine $126.00 ?

[Mr. Blond]

Bitcoin is for people who notice patterns. Every crash is followed by new highs. Rinse, repeat.

[norwaypinesavage]

Bitcoin has nothing of value backing it up. It’s worth only what people think it’s worth. It appears that some people are thinking differently than they thought a while ago.

[Paladin2]

What are the EPS and dividend rate for bitcoin?

[dangus]

I didn’t have the money to invest in Bitcoin until it had gone crazy, but the other reason is this:

Let’s say you invest in Real Estate or an index fund. A bad economy can take a HUGE portion of your investment, but, unless you’re retired and living off that investment, you can always ride it out until the investment returns to a reasonable valuation.

There is no reasonable value of Bitcoin.

There’s a good chance that Bitcoin’s value reverses itself and soars to ever-greater heights. But there’s also a reasonable chance that this when people see Bitcoin as nothing more than the world’s most expensive NFT. That’s a casino-style gamble for people younger than me.

For all the claims that the dollar no longer represents anything tangible either, it represents a certain portion of the U.S. economy and has a history dozens of times longer than Bitcoin.

[af_vet_1981]

I did own a pound of Gold that I bought for 400$ an oz. Too bad I needed the money and had to sell it all soon after.

Buying and holding the S&P 500 index would have been a better investment for growth and dividends, not to mention taxes whenever sold.

[Vermont Lt]

It was lower than that.

It’s probably got another 12k to go.

[zeestephen]

Re: "Bitcoin is for people who notice patterns. Every crash is followed by new highs. Rinse, repeat."

Awesome - if you have bought and held since 2010.

What is your current entry point and your next high?

With out new buyers in each new cycle, it will never hit a new high.

[Vermont Lt]

That’s the thing…it’s not a stock. Or bond.

Treating it like one is where people make the mistake.

[Nateman]

True. I've always thought of Gold not as an investment but merely a way to maintain wealth. The amount of Gold in the World is about the same as when the Earth was formed . All we do is dig and find some of that stuff . Paper money? A convenient fiction that works as long as everyone plays along or before Governments become greedy by over printing it. In 1900 an American 20$ gold piece had one oz of Gold in it.

[i_robot73]

>
Bitcoin has nothing of value backing it up. It’s worth only what people think it’s worth.
>

Wait ‘til you hear/read about this thing called ‘FRN (Federal Reserve Note(s))’

>
It appears that some people are thinking differently than they thought a while ago.
>

‘Shame’ it’ll be after the great crash, as all fiat is want to do. “Wait!? You’re telling me A1S10 has NEVER been Amended”