Click here: to donate by Credit Card
Or here: to donate by PayPal
Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794
Thank you very much and God bless you.
Posted on 12/29/2025 11:57:54 AM PST by sockmonkey
As 2025 comes to a close, Donald Trump’s favorable approach to cryptocurrency has not proven to be enough to sustain the industry’s gains, once the source of market-wide optimism and enthusiasm. The last few months of the year have seen $1tn in value wiped from the digital asset market, despite bitcoin hitting an all-time-high price of $126,000 on 6 October.
The October price peak was short-lived. Bitcoin’s price tumbled just days later after Trump’s announcement of 100% tariffs on China sent shockwaves across the market on 12 October. The crypto market saw $19bn liquidated in 24 hours – the largest liquidation event on record. Ethereum, the second-largest cryptocurrency, saw a 40% drop in price over the next month. Eric Trump’s own crypto company endured a similar drop in its value in December.
(Excerpt) Read more at theguardian.com ...
|
|
Click here: to donate by Credit Card Or here: to donate by PayPal Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794 Thank you very much and God bless you. |
A forward thinking Country might locate them off shore (free water for cooling) with wind turbines on nearby beach areas generating electricity to provide for the huge demand their operation requires.
Most of the big mining operations are where there is lots of hydro power. They funnel the unused power (usually overnight) to the data centers. It doesn’t impact the local availability.
There are also ones run by geothermic power generation.
Yes…they suck up a ton of power. And Yes, the owners need to work with the locals to make sure they don’t overwhelm the systems.
There’s nothing in the current decline to indicate that anything fundamental has changed. BTC is trading in its normal range.
https://charts.bitbo.io/long-term-power-law/
It’s not complicated. The BIG GUNS were just taking profits, and putting them right into metals.
Even the Emu craze came to an end.
Crypto’s crash would have disrupted all markets without Trump’s federal exchange. Now it can spin down to zero in an orderly way.
Goldbug Peter Schiff of course thinks this is some kind of bailout and that the stock market is going to crash because DJT hasn’t proclaimed a new gold standard. Or because of some earlier reason, or some other reason he will come up with next, when it doesn’t crash.
The Roku app on the Roku TV upstairs disrupts my YouTube viewing pleasure by floating three green rectangles in a row across the top half of the screen. It’s not there all the time, it’s just some of their predatory marketing practices, for which Google management should hang.
There’s at least one other streaming channel app on the Roku that carries the live Schwab Network feed, so I installed that before I got out of bed this morning, it’s called DistroTV. Distro also carries the Bloomberg feed.
https://www.distro.tv/live/schwab-network/
https://www.distro.tv/live/bloomberg-television/
https://www.bloomberg.com/live/us
2026 market drivers, Elon Musk tweets silver pullback is not good, Nvidia’s Groq deal
20:51
Yahoo Finance
1.47M subscribers
6,022 views
December 29, 2025
https://www.youtube.com/watch?v=Qvto1Y0f5lc
Peter Schiff Says Bitcoin, Ethereum Treasury Companies Have ‘No Viable Business Model’
Khyathi Dalal
November 27, 2025 4 min read
https://finance.yahoo.com/news/peter-schiff-says-bitcoin-ethereum-190052789.html
I’ve owned bitcoin since 2013. The cycles can be brutal.
It’s amazing to see people “rush in” when the price is going up. They think they are going to be “Crypto Bros” and make 30% a year for the next thirty years. Then it crashes and they cry.
The only reason this time is different is that the big financial companies are piling in. I think it’s making this cycle seem more desperate. But the declines are within the % of the declines in the past.
When I look at the price on a bad day I will sometimes get sad. Then I realize what I paid for it and I am happy.
Bitcoin is a long term play, like gold and silver. I am not comparing the assets and valuation—but rather the fact that it’s a long term play. Trading it will just lose you money.
Much like the silver trade, I often see myself as a flea on riding on the back of a crazy monkey climbing to the top of the jungle; every so often the monkey misses a branch and falls. But he keeps climbing towards the sky. The fun is in the ride.
Mainly silver, but also gold.
Don’t confuse the haters here with facts. They will keep talking about tulips...
32% drop within a couple of months in BTC is normal? I would have trouble sleeping if I owned such investment.
Tulips grew faster than Bitcoins during one period.
Bump
How many big banks were invested in tulips?
Hey look! There are emus streaking naked through the tulips on DR Horton subdivision land.
the value in bitcoin, like the dollar, is the number of transactions completed using the platform compared to previous years ie: the demand.
most stocks would be stunned with this level of demand.
oh.. those are transactions PER DAY
My trading bot is telling me .... bleh
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.