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BREAKING!!! Bitcoin breaks $34.000!!! (Update )

 
Anonymous Coward
User ID: 74678399
United States
01/02/2021 09:28 AM
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Re: BREAKING!!! Bitcoin breaks $34.000!!! (Update )
...


A third of all USD ever printed was printed last year alone.
 Quoting: Anonymous Coward 79831696

The dollar is also useless, but it is "backed by the government", well until it fails also, what is cypto backed by?
 Quoting: Anonymous Coward 41173011


This is the thing. Bitcoin is trustless. It doesn’t need a middle man. The banks are not needed anymore.
 Quoting: Anonymous Coward 79831696


But if it's not backed by anything isn't it also "Trustless" like a check by a Nigeran Prince.
 Quoting: Anonymous Coward 41173011

Cuz fiat is betta, amirite?
Snuffielover

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01/02/2021 09:28 AM

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Re: BREAKING!!! Bitcoin breaks $34.000!!! (Update )
Going up! Wonder how high it will go? I'd be a trillionaire now if I would be more vigilant when BTC first started out. That makes me so salty.
If any foreign minister begins to defend to the death a "peace conference," you can be sure his government has already placed its orders for new battleships and aeroplanes.
Anonymous Coward
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Sweden
01/02/2021 09:29 AM
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Re: BREAKING!!! Bitcoin breaks $34.000!!! (Update )
...

The dollar is also useless, but it is "backed by the government", well until it fails also, what is cypto backed by?
 Quoting: Anonymous Coward 41173011


This is the thing. Bitcoin is trustless. It doesn’t need a middle man. The banks are not needed anymore.
 Quoting: Anonymous Coward 79831696


But if it's not backed by anything isn't it also "Trustless" like a check by a Nigeran Prince.
 Quoting: Anonymous Coward 41173011


You aren’t asking out of curiosity.
You are just a butthurt nocoiner.
 Quoting: Anonymous Coward 79831696


I bet BTC will save silver one day. Rattle out all them JP Morgan shorts.
Anonymous Coward
User ID: 76136020
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01/02/2021 09:31 AM
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Re: BREAKING!!! Bitcoin breaks $34.000!!! (Update )
That beast can’t be manipulated like Gold and silver. To the fuggin moon!
 Quoting: Anonymous Coward 74678399




Silly rabbit.
Anonymous Coward
User ID: 41173011
United States
01/02/2021 09:33 AM
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Re: BREAKING!!! Bitcoin breaks $34.000!!! (Update )
...

The dollar is also useless, but it is "backed by the government", well until it fails also, what is cypto backed by?
 Quoting: Anonymous Coward 41173011


This is the thing. Bitcoin is trustless. It doesn’t need a middle man. The banks are not needed anymore.
 Quoting: Anonymous Coward 79831696


But if it's not backed by anything isn't it also "Trustless" like a check by a Nigeran Prince.
 Quoting: Anonymous Coward 41173011


You aren’t asking out of curiosity.
You are just a butthurt nocoiner.
 Quoting: Anonymous Coward 79831696


Actually I have a large amount of currency I want to put somewhere be for the failure, and the reason I have a large amount of currency is because I ask the "Butt hurt" questions. Something huge is coming, I was given a heads up to move currency.....all currencies, but this is not the time to follow stupidly, it's why we are in this mess, to many sheep following the wolves.
Bernd

User ID: 79840330
Germany
01/02/2021 09:33 AM
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Re: BREAKING!!! Bitcoin breaks $34.000!!! (Update )
Going up! Wonder how high it will go? I'd be a trillionaire now if I would be more vigilant when BTC first started out. That makes me so salty.
 Quoting: Snuffielover

It is not too late! Buy a few hundred $ worth of BTC and wait a few years. Maybe even wait only half a year and sell when it hits $300k, then buy back 10-fold when it inevitably retraces to $30k soon after the $300k peak. From then on you will be part of this amazing journey.
Anonymous Coward
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United States
01/02/2021 09:37 AM
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Re: BREAKING!!! Bitcoin breaks $34.000!!! (Update )
Going up! Wonder how high it will go? I'd be a trillionaire now if I would be more vigilant when BTC first started out. That makes me so salty.
 Quoting: Snuffielover


Now "nocoiners" are going to be impoverished because these greedy fuckers will cause price inflation, but your paycheck won't increase with it.

Thank you, crypto retards. flip
Anonymous Coward
User ID: 41173011
United States
01/02/2021 09:38 AM
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Re: BREAKING!!! Bitcoin breaks $34.000!!! (Update )
What is the average cost to "mine" one Bit coin?
Cryptotard_Sticky
I'm just another human

User ID: 78779972
United States
01/02/2021 09:42 AM
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Re: BREAKING!!! Bitcoin breaks $34.000!!! (Update )
What is the average cost to "mine" one Bit coin?
 Quoting: Anonymous Coward 41173011


Just use solar, or hydroelectric power, then it's free.

Last Edited by Cryptotard_Sticky on 01/02/2021 09:43 AM
Prepare your soul for its journey into the heavens, make peace with yourself.
Consciousness is the most amazing gift life could ever give, and the ability to love something is a close second.
Anonymous Coward
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United States
01/02/2021 09:44 AM
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Re: BREAKING!!! Bitcoin breaks $34.000!!! (Update )
What is the average cost to "mine" one Bit coin?
 Quoting: Anonymous Coward 41173011


Just use solar, or hydroelectric power, then it's free.
 Quoting: Cryptotard_Sticky


Funny....but nothings free, even solar, have to buy equipment at the very least.
Anonymous Coward
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Canada
01/02/2021 09:45 AM
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Re: BREAKING!!! Bitcoin breaks $34.000!!! (Update )
Bernd

User ID: 79840330
Germany
01/02/2021 09:51 AM
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Re: BREAKING!!! Bitcoin breaks $34.000!!! (Update )
What is the average cost to "mine" one Bit coin?
 Quoting: Anonymous Coward 41173011

Almost one Bitcoin.
Anonymous Coward
User ID: 41173011
United States
01/02/2021 09:54 AM
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Re: BREAKING!!! Bitcoin breaks $34.000!!! (Update )
What is the average cost to "mine" one Bit coin?
 Quoting: Anonymous Coward 41173011

Almost one Bitcoin.
 Quoting: Bernd


So not really a profit margin, just price inflation to keep up with production?
1415215425

User ID: 79298980
United States
01/02/2021 09:57 AM

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Re: BREAKING!!! Bitcoin breaks $34.000!!! (Update )
31k is a lot of money to lose for one coin.

Its pointless for the little people to put money into it now.

for 100 dollars to double it would have to hit 62k.

Because its an asset and not money then the tax hassle isn't worth the trouble.

Last Edited by messagehalted on 01/02/2021 09:59 AM
All my post are theatrical artistic writing .
Anonymous Coward
User ID: 77419313
United States
01/02/2021 09:59 AM
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Re: BREAKING!!! Bitcoin breaks $34.000!!! (Update )
Going up! Wonder how high it will go? I'd be a trillionaire now if I would be more vigilant when BTC first started out. That makes me so salty.
 Quoting: Snuffielover

It is not too late! Buy a few hundred $ worth of BTC and wait a few years. Maybe even wait only half a year and sell when it hits $300k, then buy back 10-fold when it inevitably retraces to $30k soon after the $300k peak. From then on you will be part of this amazing journey.
 Quoting: Bernd


pin above except retracement will be to 50K or so. Bitcoin is making higher highs and higher lows.

People who are not in get in because this is all going to happen whether you or I like it or not. Hedge against inflation save yourself. For fuck sake get some and save yourself. In 2021 266-325K then retracement
Bernd

User ID: 79840330
Germany
01/02/2021 09:59 AM
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Re: BREAKING!!! Bitcoin breaks $34.000!!! (Update )
31k is a lot of money to lose for one coin.

Its pointless for the little people to put money into it now.

for 100 dollars to double it would have to hit 62k.
 Quoting: 1415215425

It is estimated to hit $300k in the next few months.
Anonymous Coward
User ID: 41173011
United States
01/02/2021 10:00 AM
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Re: BREAKING!!! Bitcoin breaks $34.000!!! (Update )
31k is a lot of money to lose for one coin.

Its pointless for the little people to put money into it now.

for 100 dollars to double it would have to hit 62k.
 Quoting: 1415215425


I agree, any investment under 100,000 USD with out a 26% profit is just a poor investment, better paying off debt.
Anonymous Coward
User ID: 78708958
Canada
01/02/2021 10:00 AM
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Re: BREAKING!!! Bitcoin breaks $34.000!!! (Update )
I wonder where GOD's money will go in 2021???
Anonymous Coward
User ID: 79558187
Croatia
01/02/2021 10:02 AM
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Re: BREAKING!!! Bitcoin breaks $34.000!!! (Update )
...


This is the thing. Bitcoin is trustless. It doesn’t need a middle man. The banks are not needed anymore.
 Quoting: Anonymous Coward 79831696


But if it's not backed by anything isn't it also "Trustless" like a check by a Nigeran Prince.
 Quoting: Anonymous Coward 41173011


You aren’t asking out of curiosity.
You are just a butthurt nocoiner.
 Quoting: Anonymous Coward 79831696


I bet BTC will save silver one day. Rattle out all them JP Morgan shorts.
 Quoting: Anonymous Coward 79831696


According to YT oracle, Bix "Road to Roota" Weir, JPM closed all its shorts months ago.

Other banksters are doing the shorting, now.

drevil
1415215425

User ID: 79298980
United States
01/02/2021 10:04 AM

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Re: BREAKING!!! Bitcoin breaks $34.000!!! (Update )
With the communist taking over this is not a viable option.

At this point in history people should be thinking about hands on value.
All my post are theatrical artistic writing .
Bernd

User ID: 79840330
Germany
01/02/2021 10:06 AM
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Re: BREAKING!!! Bitcoin breaks $34.000!!! (Update )
With the communist taking over this is not a viable option.
 Quoting: 1415215425

The communists won't win. They have lost already, they just don't know it yet.
1415215425

User ID: 79298980
United States
01/02/2021 10:07 AM

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Re: BREAKING!!! Bitcoin breaks $34.000!!! (Update )
31k is a lot of money to lose for one coin.

Its pointless for the little people to put money into it now.

for 100 dollars to double it would have to hit 62k.
 Quoting: 1415215425

It is estimated to hit $300k in the next few months.
 Quoting: Bernd


sounds like a great way for tyrants and communist to steal peoples wealth. Run it up and then shut it down. Everything a total loss and you cant get your money back.

I wouldnt be surprised if oneday soon coinbase just vanishes off the face of the earth.

Last Edited by messagehalted on 01/02/2021 10:09 AM
All my post are theatrical artistic writing .
Anonymous Coward
User ID: 41173011
United States
01/02/2021 10:09 AM
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Re: BREAKING!!! Bitcoin breaks $34.000!!! (Update )
With the communist taking over this is not a viable option.
 Quoting: 1415215425

The communists won't win. They have lost already, they just don't know it yet.
 Quoting: Bernd


The why are most people locked in thier homes and wearing masks.
Anonymous Coward
User ID: 77419313
United States
01/02/2021 10:11 AM
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Re: BREAKING!!! Bitcoin breaks $34.000!!! (Update )
31k is a lot of money to lose for one coin.

Its pointless for the little people to put money into it now.

for 100 dollars to double it would have to hit 62k.
 Quoting: 1415215425

It is estimated to hit $300k in the next few months.
 Quoting: Bernd


You tried Bernd. I kept hearing this at 3K at 10K at 20K. I gave up. They are never going to get it until it is too late for them to save themselves from what the world population is about to go through. It is biblical. They were warned, they were warned, they were warned, and they are still saying dumb shit like Its pointless for the little people to put money into it now.
Anonymous Coward
User ID: 79831696
Sweden
01/02/2021 10:13 AM
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Re: BREAKING!!! Bitcoin breaks $34.000!!! (Update )
...


But if it's not backed by anything isn't it also "Trustless" like a check by a Nigeran Prince.
 Quoting: Anonymous Coward 41173011


You aren’t asking out of curiosity.
You are just a butthurt nocoiner.
 Quoting: Anonymous Coward 79831696


I bet BTC will save silver one day. Rattle out all them JP Morgan shorts.
 Quoting: Anonymous Coward 79831696


According to YT oracle, Bix "Road to Roota" Weir, JPM closed all its shorts months ago.

Other banksters are doing the shorting, now.

drevil
 Quoting: Anonymous Coward 79558187


I do like Bix but I can’t stand all the Theta shilling.
Cryptotard_Sticky
I'm just another human

User ID: 78779972
United States
01/02/2021 10:13 AM
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Re: BREAKING!!! Bitcoin breaks $34.000!!! (Update )
What is the average cost to "mine" one Bit coin?
 Quoting: Anonymous Coward 41173011


Just use solar, or hydroelectric power, then it's free.
 Quoting: Cryptotard_Sticky


Funny....but nothings free, even solar, have to buy equipment at the very least.
 Quoting: Anonymous Coward 41173011


Ok, I see that you're just trying to point out anything negative that you can.

I mined my first Bitcoin on Xeon processors, they were better suited to hash SHA-256, than regular Intel/AMD due to the Xeon having quad cores. Since then, ASIC miners have destroyed that ability so I had to invest into ASICS. My first ASIC was an Antminer S3. It costed about 2,200 and mined about 0.00025 BTC per day.

When the BTC prices would fall below 8K, I was actually losing money in electricity costs, but continued to keep them going because I believed in Bitcoin's future.

THANK YOU GOD for allowing my life to be able to do that.

10,000 Watts in a basement in the USA is about $600/month in electricity costs.
Prepare your soul for its journey into the heavens, make peace with yourself.
Consciousness is the most amazing gift life could ever give, and the ability to love something is a close second.
Bernd

User ID: 79840330
Germany
01/02/2021 10:14 AM
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Re: BREAKING!!! Bitcoin breaks $34.000!!! (Update )
I sense a lot of coin hater butthurt in this thread.
Same theater as in every moon phase.
Epic.
Arasaka

User ID: 75771774
United States
01/02/2021 10:14 AM
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Re: BREAKING!!! Bitcoin breaks $34.000!!! (Update )
HODL!
 Quoting: President Elect - CosmicFire


Yup.
Welcome to the post-civilization age.

-----

“A brain should not be so open that the brain falls out; however, it should not be so closed that whatever grey matter which does reside may not be reached.” - Art Bell
Anonymous Coward
User ID: 79831696
Sweden
01/02/2021 10:15 AM
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Re: BREAKING!!! Bitcoin breaks $34.000!!! (Update )
I sense a lot of coin hater butthurt in this thread.
Same theater as in every moon phase.
Epic.
 Quoting: Bernd


No need to rub it in, Bernd.
Anonymous Coward
User ID: 41173011
United States
01/02/2021 10:15 AM
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Re: BREAKING!!! Bitcoin breaks $34.000!!! (Update )
31k is a lot of money to lose for one coin.

Its pointless for the little people to put money into it now.

for 100 dollars to double it would have to hit 62k.
 Quoting: 1415215425

It is estimated to hit $300k in the next few months.
 Quoting: Bernd


You tried Bernd. I kept hearing this at 3K at 10K at 20K. I gave up. They are never going to get it until it is too late for them to save themselves from what the world population is about to go through. It is biblical. They were warned, they were warned, they were warned, and they are still saying dumb shit like Its pointless for the little people to put money into it now.
 Quoting: Anonymous Coward 77419313


You are correct, the first thing they will go through is no power, and if it comes back on for some reason, no internet, to keep people in the dark....where is your Bitcoin kept, at home in a safe?





GLP