Posted on 10/11/2025 1:59:41 PM PDT by delta7
$100 of Bitcoin invested in 12/31/2015 and sold in April 2025 would undergo a 19,681% gain.
I have no Crypto.
I thought Free Republic might be interested.
My mistake.
I have been trading QQQ (Nasdaq 100) since 1999.
Up 20X since 2008.
Always put some winnings away so you can pay for parking when you leave.....
the usual suspects out again going on about the end of crypto.
its function is still valid, whether bitcoins are $120k a piece or $10. it’s a transfer of financial value across the internet without oversight or tracking.
dollars to bitcoin (using current USD2BTC rates).
send bitcoin (small fee).
bitcoin to euros (using current BTC2EUR rates).
that’s the point regardless of the currencies.
You guys are like frothing rabid dogs. I think you are just angry you missed out on cheap assets.
Wait, dogs get mad, people get angry.
After Trump threatened new tariffs on China over REE on Friday, the crypto market was utterly decimated, with those trading on leverage, using "Perps" being hit the hardest.
One example:
Experienced Crypto Trader Loses $30 Million in 10 Minutes on Cross-Margin
Trump's inner circle has been insider trading crypto on advance notice of his announcements since the election. That short account no doubt was another example.
That crash and FTX collapse was followed by the fastest increase in BTC and ETH prices ever over the next year and a half.
Gold too. Many such cases.
You are funny. I don’t do paper or invisible electrons on a screen. Wealth is measured in ounces, not declining dollars or air. Confirmation: the HUI is up 125 percent YTD….if you can’t afford Gold, get some Silver, the party is just starting.
Silver Price Performance USD
Change Amount %
Today +1.48 +3.04%
30 Days +7.00 +16.83%
6 Months +16.31 +50.52%
1 Year +17.06 +54.07%
5 Year +23.46 +93.31%
20 Years +40.79 +521.99%
I bought bitcoin at $88. May 2013.
I will let you do the CAGR on that.
I have held silver since the last century. Gold too.
Diversity in investing will get you good returns.
Stop trying to scare people. You aren’t good at it.
You are welcome to invest in air, or tulip bulbs, matters little to me. Do take note of the last sentence.
AI:
“ Recent Cryptocurrency Market Crash
Overview of the Crash
The cryptocurrency market recently experienced a significant downturn, resulting in record liquidations. Over $19 billion was lost, affecting approximately 1.6 million traders. This event is noted as the largest liquidation in crypto history.
Causes of the Crash
The crash was triggered by the announcement of 100% tariffs on China by former President Donald Trump. This unexpected move led to widespread panic in the market, causing a rapid decline in cryptocurrency values.
Impact on the Market
Market Cap Decline: The total cryptocurrency market cap fell from $4.30 trillion to $3.74 trillion.
Trading Volume: Trading volumes reached $490.23 billion during the crash.
Liquidation Events: More than $7 billion of positions were liquidated within an hour of trading on October 10, 2025.
Conclusion
This crash highlights the volatility of the cryptocurrency market and the potential for rapid financial loss due to external economic factors. Investors are advised to remain cautious and informed about market conditions.”
Two serious questions...
1- How do you go about buying bitcoins?
(who do you send your money to?)
1- How do you sell your bitcoins?
(how do you do that?)
And what happened after all those “liquidation events”?
It’s Pokemon cards for me—all the way!
“Me, I’m keeping my “investments” portfolio firmly in Pet Rocks and Beanie Babies.”
My Al Kaline and Rocky Colavito cards have been pricing upward for decades
Sadly, the Armed Forces are unable to have any effect on the rampant inflation.
But things will change when the U.S. dollar is backed by gold.
crypto is like the tulip craze in the 1600’s.
https://en.wikipedia.org/wiki/Tulip_mania
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.