Bitcoin hits new all time high, driven by institutional buying

[Biggins]

It’s hard to navigate but good ole trial and error will get you there still not sure about a few things maybe Raiders can chime in and give a lesson or two.

 

[crudebar]

It’s hard to navigate but good ole trial and error will get you there still not sure about a few things maybe Raiders can chime in and give a lesson or two.

Thanks for the info man.

 

[raiders72]

Really nothing more motivating then winning bets, transferring the money over to your crypto account and watching the money grow even larger.

Here is to a prosperous 2021 to all.

Same to you crudebar.

 

[raiders72]

Nitrogen is a top book. Payouts go out at the top of each hour and you can take multiple payouts per day.

 

[raiders72]

$29k

 

[PatsFan1283]

What is the best way to withdraw from Nitro? Anything I need to know? Their customer service sucks so rather ask here.

Probably going to take a chunk out when football season ends.

 

[PatsFan1283]

Are the alt coins gonna start popping next following bitcoin like in the 2017 mania?

If so, I gotta get in on that maybe.

 

[Willie99]

[FONT=&quot]bitcoin on christmas day:[/FONT]

[FONT=&quot]2010: $0.27[/FONT]
[FONT=&quot]2011: $4[/FONT]
[FONT=&quot]2012: $13[/FONT]
[FONT=&quot]2013: $666[/FONT]
[FONT=&quot]2014: $320[/FONT]
[FONT=&quot]2015: $450[/FONT]
[FONT=&quot]2016: $890[/FONT]
[FONT=&quot]2017: $13,000[/FONT]
[FONT=&quot]2018: $4,000[/FONT]
[FONT=&quot]2019: $7,200[/FONT]
[FONT=&quot]2020: $24,500 all time high.[/FONT]

While that's an awesome chart for an investor, it also emphasizes what I believe to be a fundamental weakness. Bitcoin is intended to be a currency, not a stock. Making purchases when the value can be declining is pretty fucked up. See 17 through 18 for an extreme example.

And I have one naive question which emphasizes my limited working knowledge with Bitcoin, can someone simply "unplug" the currency?

FWIW, I just picked up a new client that owns a Bitcoin ATM business. I'm probably going to know a lot more about this stuff soon enough

 

[raiders72]

What is the best way to withdraw from Nitro? Anything I need to know? Their customer service sucks so rather ask here.

Probably going to take a chunk out when football season ends.

Just a withdrawal to any bitcoin wallet. All is well over there so nothing really to know.

 

[raiders72]

Are the alt coins gonna start popping next following bitcoin like in the 2017 mania?

If so, I gotta get in on that maybe.

Alt coins will definitely fly similar to 2017 if the BTC price continues to rise. Not really a good time to jump in right now. Best to wait for another dip.

 

[raiders72]

While that's an awesome chart for an investor, it also emphasizes what I believe to be a fundamental weakness. Bitcoin is intended to be a currency, not a stock. Making purchases when the value can be declining is pretty fucked up. See 17 through 18 for an extreme example.

And I have one naive question which emphasizes my limited working knowledge with Bitcoin, can someone simply "unplug" the currency?

FWIW, I just picked up a new client that owns a Bitcoin ATM business. I'm probably going to know a lot more about this stuff soon enough

No one can unplug bitcoin. It's also used as a store of value.

 

[PatsFan1283]

Alt coins will definitely fly similar to 2017 if the BTC price continues to rise. Not really a good time to jump in right now. Best to wait for another dip.

You got any alts you like these days? Where is the hype at?

Haven't read about alts since the early 2018 crash

 

[bigbet1234]

You got any alts you like these days? Where is the hype at?

Haven't read about alts since the early 2018 crash

ETH would have been a good one.

Got in on Lumen at .8c. It’s fallen some off the .21c a couple weeks ago. Hits .10c I’m scooping up more

There’s talk Lumen could hit $1

 

[Biggins]

Just a withdrawal to any bitcoin wallet. All is well over there so nothing really to know.

First you need 2 forms of authentication which is a pain

 

[raiders72]

First you need 2 forms of authentication which is a pain

You just need google authenticator. It's still a pain but at least secure.

 

[halekulani]

While that's an awesome chart for an investor, it also emphasizes what I believe to be a fundamental weakness. Bitcoin is intended to be a currency, not a stock. Making purchases when the value can be declining is pretty fucked up. See 17 through 18 for an extreme example.

And I have one naive question which emphasizes my limited working knowledge with Bitcoin, can someone simply "unplug" the currency?

FWIW, I just picked up a new client that owns a Bitcoin ATM business. I'm probably going to know a lot more about this stuff soon enough

bitcoin turned from a possible currency to something that is now recognized as a legitimate asset.
the fact that it is now valued as an asset rather than a currency secures its adoption and value.

the technology has been replicated in many forms of cryptocurrency and all their values are based on the reserve value of btc. btc simply legitimized the technology. another coin that can handle more transactions and is more liquid will ultimately be the new world dollar but its store of value will always be based in bitcoin's price.

 

[raiders72]

$30k

 

[bigbet1234]

$30k

This is sick! I’ve been reading DOT is the next ETH. Cheap now, get while the getting is good!

 

[CHOPTALK]

Any thoughts on Celsius Network

 

[bigbet1234]

I just dumped my Lumen. Can’t seem to break past the .20c, now back in the 13c range.