Is it too soon to talk about Crypto yet?

/ Is it too soon to talk about Crypto yet? #341  
Seems like something is up...:devilish:

1989308024817598534
https://twitter.com/x/status/1989308024817598534

Oh I see...

G5lAztVW4AAEOqP
 
/ Is it too soon to talk about Crypto yet? #344  
/ Is it too soon to talk about Crypto yet? #345  
IH3444 said:
Click to expand...

Luckily there was never actually ONE TRILLION of actual money in the bitcoin market, it was just a balloon full of hot air. I spend some time trying to figure out how much real money was in there once and I do admit it's impossible to really know between the wash trading, tether printing 100's of billions back by nothing, and just general btc price inflation from hype.

I'm sure we'll hear real soon now about how this is Good For Bitcoin and we should just DCA and Few Understand.

I can say that MSTR is looking like a worse and worse bet but I would argue that the Conman In Charge over there has still very very likely pocketed 100's of millions in dirty fiat as he took his investors for a ride.
 
/ Is it too soon to talk about Crypto yet? #346  
If you can't see all the potential reasons to be scared of Crypto currency, then there's no help for you.

I will avoid that like the plague as long as I humanly can.
 
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/ Is it too soon to talk about Crypto yet? #347  
From day one I couldn't imagine anyone buying 'air' & not even a known founder.(???)
 
/ Is it too soon to talk about Crypto yet? #348  
Bitcoin seems to be in a price discovery mode.

Absolute bloodbath...
 
/ Is it too soon to talk about Crypto yet? #352  
The question "Is it too soon to talk about crypto?" was asked on September 7, 2025. At that time Bitcoin was at $112,077 per coin. As I write, it's dipped below $66,000 $63,000 $61,000.

So yes, it's still too soon.
 
Last edited:
/ Is it too soon to talk about Crypto yet? #353  
riptides said:
Congress Asks If Treasury Will “Bail Out Bitcoin”—Bizarre Exchange Highlights Crypto’s Federal Immunity

https://finance.yahoo.com/news/cong...FD-yzOfxa7BD8umxadBsq0CcjQfkU75UKjNCCEeeLqhN4
Click to expand...
That's definitely bizarre. As pointed out in the article, there is no Bitcoin company to bail out. All they could do is start buying a crapload of bitcoin to try to temporarily bring the price back up.

An investment with no inherent value is worth whatever people think it is. There's no way around that.
 
/ Is it too soon to talk about Crypto yet? #354  
I would like to hear from @MinnesotaEric about what's going on with bitcoin right now. He started this thread, but his last post in this thread was Oct. 30, 2025.

I see that it is at about 62k right now, and it started at around 72k this morning.

I don't think this sudden plunge is good for anyone, no matter if you are invested in crypto or not. I'm glad I'm not invested in it right now. Or? Is now a good time to get into bitcoin?
 
/ Is it too soon to talk about Crypto yet? #355  
Just saw downside at 30k and upside of 200k.
Too volatile for me.
 
/ Is it too soon to talk about Crypto yet? #356  
I don't have precious metals but with gold & silver you have something tangible that will always be useful. One economist I heard said cryptocurrency actually has negative value not only because it's nothing real but it takes energy (electricity) running computers to mine it.
 
/ Is it too soon to talk about Crypto yet? #357  
Complete Turf Care said:
I would like to hear from @MinnesotaEric about what's going on with bitcoin right now. He started this thread, but his last post in this thread was Oct. 30, 2025.

I see that it is at about 62k right now, and it started at around 72k this morning.

I don't think this sudden plunge is good for anyone, no matter if you are invested in crypto or not. I'm glad I'm not invested in it right now. Or? Is now a good time to get into bitcoin?
Click to expand...

Report

MinnesotaEric​

Super Member · From Nevis, MN
Joined Feb 4, 2014
Last seen Nov 28, 2025

@MinnesotaEric
11 months ago
Sadly, I've had some health issues.

Hope he's OK, he has been a great technical contributor here, especially his research and posting of replacement relays for the Kioti tractors.
 
/ Is it too soon to talk about Crypto yet? #358  
Fuddyduddy1952 said:
I don't have precious metals but with gold & silver you have something tangible that will always be useful. One economist I heard said cryptocurrency actually has negative value not only because it's nothing real but it takes energy (electricity) running computers to mine it.
Click to expand...
It was that way for a day.

Not today.
 
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