US becomes weaker, bitcoin goes up. Pretty simple.

I like Ox

Tesla announced in an SEC filing Monday that it has bought $1.5 billion worth of bitcoin.
The company also said it would start accepting bitcoin as a payment method for its products.
CEO Elon Musk has been credited for raising the prices of cryptocurrencies, including bitcoin, through his messages on Twitter.

Tesla buying $1.5 billion of Bitcoin and accepting them as payments making the price jump

His tweets have been great for my minimal dogecoin investments lol

I don't think you're cut out for this.

GO GO GO GO GO GO

My guy Elon helpin' us all out.

God bless Bitcoin

I can't believe this is happening to me. What did I do to deserve this? Just amazing times.

<iframe width="560" height="315" src="https://www.youtube.com/embed/jqwPTy-fUco" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>

I've stayed out of Bitcoin so I guess I've missed out. I really don't understand it.

It's a foreign currency. We are playing on the exchange rate.

It's gone up $4k since this post.

• Today's candle range was $8,700.
• Elon has made $300m off his investment so far.
• Stock to flow is graphing out to $85K+ by end of July.
• $105K EOY.

Bitcoin has to go to 80K to double right now

There are plenty of stocks that will double your money faster.

Yes.

This really could go nuclear to the moon soon.

https://cryptopotato.com/microstrate...0-enterprises/

Michael Saylor introduced bitcoin to over 6900 enterprises in his last conference a four weeks ago. There were apparently 100 Fortune 1,000 companies in attendance. The same one where he convinced Tesla to buy BTC. Saylor gave them his entire playbook for how corporations can invest part of their balance sheet in bitcoin.

So imagine if like 50 large companies other than Tesla put BTC on their balance sheet. It would explode.

If this works out for Elon and Tesla...sky is the limit.

yeah...so?

I traded GBTC recently.

So, I got a call today from a scammer saying my Cash app has been blocked for suspicious activity.

I don't even have a Cash app account.

He asks me when was the last time you used your cash app.

I proceeded to tell him right after I ****ed your Mom.

He wasn't happy!

But was his mom happy?

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">WOW! Miami Mayor <a href="https://twitter.com/FrancisSuarez?ref_src=twsrc%5Etfw">@FrancisSuarez</a> just got Miami into Bitcoin.<br><br>- Employees paid in BTC<br>- Residents pay fees in BTC<br>- Taxes in BTC<br>- City Treasury in BTC<br><br>Absolutely unreal. The first Bitcoin municipal in the United States �� <a href="https://t.co/zv7rM7C39B">pic.twitter.com/zv7rM7C39B</a></p>&mdash; Pomp �� (@APompliano) <a href="https://twitter.com/APompliano/status/1360080805922496513?ref_src=twsrc%5Etfw">February 12, 2021</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

I'm wondering if this is legal? What happens if Bitcoin crashes?
What if employees don't want Bitcoin?
Seems very risky to me

I assume by him using "offer" and "allow" it means it's just an option.

Paying taxes in Bitcoin made me chuckle though. It's just not what comes to mind when I think of crypto.

I'm sure it's optional to accept.

Let hit 50k.

Who's with me? I was gonna sell at 50k but with potentially more Fortune 1000 companies looking to get in on BTC I don't even know if it would be a good idea to sell to a fiat inflationary USD.

Best crypto advice I’ve ever heard is don’t sell at a price, sell at an event. Buy a house, pay off debt, pay for a wedding, etc.

Not Bitcoin, but I follow altcoins and I dabble in day trading. I flew my cousin and his GF down to Florida last weekend for his 40th birthday. We went to Tampa and did some Super Bowl stuff last Saturday then got hammered on Clearwater beach that evening evening and had a badass dinner. The Graph coin... I have been following it for months, had a hunch and in 5 days I paid for everything I was out of pocket and have a little over a grand profit still leftover.

Sure. I'm sure the contract will have to be reworked, but it's just like any other service for compensation agreement.

Then their assets won't be worth much.

Then they should buy sollars with their BTC ot find another job that provides an acceptable compensation.
No more risky than a fiat backed by a country in massive debt with perpetual ineffective leadership.

Who would have ever believed that more people are starting to have faith in a currency with wild swings, no guarantees on acceptance, not the greatest regulation and no real recourse if you get screwed.

Congrats to US Politicians for piling on debt like a 3rd World Nation.:harumph:

Buy oxt trust me on this.

That’s a big statement. Why? Any information?

Buy this because I said so....

With Bitcoin so high prices, why are some of the cheaper coins not getting more play?

This girl lived close to you?

$51,716 ATH. Holding strong above 50 so far. I figured it might tank a bit since alot of people probably had auto sell orders once it hit 50. I still ain't sellin' shit boiiii

Hit 50k either yesterday or Monday then dropped back. This time we may have busted thru.

FROM 2013

I'm glad I didn't listen to this guy...

FROM 2013

Are you rich yet?

FROM 2013

Nope.

FROM 2014

What a wild ride. I only had about $2,000 in bitcoin back then. Enough to get the ball rolling.

BlackRock’s Rick Rieder says the world’s largest asset manager has ‘started to dabble’ in bitcoin

$53.5K = $1T market cap.

Bitcoin crosses $1,000,000,000,000 market cap

“Holding bitcoin is slightly less dumber than holding cash” -Musk

Clearly you should keep ignoring crypto because its too expensive and new

We are at Moon.

Next is Mars.

Then...shit...I don't know. Vega?

You've been on this shit a long time - still holding all your coins?

You must have a nice nest egg. :thumb:

Yup. HODL 98% of my crypto since late 2015. 85% of it since 2014 and we keep getting moar.

Bitcoin Take?
 

Seriously good for you man!

I put $1000 2 weeks ago into btc and another $100 a few days ago...already up to $1580+.

Wish I wouldn't have been so bullheaded and got into it when I first heard about it years ago.

I'd like to invest more but at this point I'm not sure if there's any point, I mean how much higher could it possibly get? It went from $33k to $56k in two weeks...there has to be a correction at some point, right?

You guys have to get over this confirmation bias. Why can't BTC go to $80,000? Because it never has before? Would you have said there's no way it could get to $50k when it was at $20k 3 months ago? All time highs are ATHs until they're not. This thing will be 100k in the next year or two at the latest.

The early adopters here are already preparing their 1% lounge.

Would it be better for leverage and potential growth to sell Bitcoin and roll into Etherium?

Just curious for you BTC holders

i'd just hodl and be patient


remember that there is a finite amount of btc so value will keep rising

yeah, there will be an inevitable dip. maybe not all the way back down to 33k, but there will be one. just wait for the next big dip and then buy.

No one knows. I think the best strategy is to have exposure to both.

Microstrategy Raises $1.03 Billion to Buy $2,000 Bitcoin Per Second

That should bring considerable buy pressure, with bitcoin rising to $57,500 today in part presumably due to saylor bot which now is probably in action.

https://www.trustnodes.com/2021/02/2...oin-per-second

Stack to flow graphs/predictions are still maintaining $100K in September.

I said I was selling and laying around at 50k but I just cant get myself to do it. This hype is unreal and we are going to see 100k eventually.

I'd rather be wrong and btc go back to 20k than to sell now and bitcoin go to 125k or something.

BUT...what about if this is the strategy...

https://pbs.twimg.com/media/EtYy94DXEAEhwgk.jpg

Why don't you just draw off your stack monthly?

Here’s the dip people were waiting for

Yeah hippies ruining bitcoin now that they are figuring out the electrical costs that go along with bitcoin. This is what I was always afraid of. BTC has had positivity from dems for a while even though its a libertarian ideology. I just dont think they fully understood it. How much environmentalists and the media pushes this agenda could prove big for bitcoin. The reason why its risen so much is large companies have started investing. If pressure from hippies make them explain to their shareholders that its too negative PR to invest then they wont do it and the hype train slows way down. Everything costs money to produce so this is kind of annoying but part of the reason btc uses the amt of electricity it does is to reward mining appropriately.

We need to make a sustainable energy system that powers a ton of computers to mine Bitcoin and ethereum and then let it be.

If I were a farmer, I’d put up a bunch of wind turbines just for that.

Square just bought the dip to the tune of 170M of Bitcoin. It's not 1.5B like Tesla, but better news than none.

Big run. FYI.

60k today folks. Damn I wish I had bought more tulip bulbs!!!

Some people here may be millionaires based on how many coins they had back in 2013 when Chief Rocka introduced us all to Bitcoin.

No question CP has crypto one-percenters. Good for them.

ChiefRocka is likely very rich.

Good for him!

He was right all along.

Deserves every penny. :clap:

At this point, I have more than enough for my son's college.


It's nice to have that taken care of.

How does one get out of Bitcoin?

just the same way you'd get out of pesos or yen or canadian dollars


just trade your btc for whatever currency you want

Put it all on AMC now!!!

Nah, I'm thinking IBIO. Tom will take us to lambos and hookers.

Party time.

So bit coin is nothing more than some server space using blockchain tech that's been assigned an ever changing value. And it can be used as a currency in some places/business'.

Can s person make it rain with some bit coin?

I came on your mom's curtains last night

No. My Saint of a mother died in O3'.....

GET

yup. the last couple of days have been the time to buy

You guys don't think it'll dip under 50 again? That's what I'm holding out for.

not long enough to notice and buy, no


it did dip down to 35 ish very quickly on early monday morning

What other crypto currencies are worth a look besides bitcoing?

Was thinking of investing some of our stimulus money in some bitcoin, but I was also thinking some diversity would be a good thing.

Thoughts?

Bitcoin, Ethereum and Litecoin are the biggest in that order and arguably safest. They tend to all move tightly together though. If you like more risk Dogecoin but it's not as easy to trade. Personally I just stick with Bitcoin.

ADA might be a good one. It has the 3rd highest market cap among cryptos. It also has a ton of potential and will be available to buy on coinbase tomorrow. (Unless it's a tad late but it gets a good retail push with the coinbase listing and the stimulus checks)

ETH will eventually be bigger than BTC, IMO.

VET and BAT both have a working product with very solid use cases.

Buy the dip ��

If you don't know how to buy btc you can always just sign up thru Bovada, deposit with USD, play a bit and withdrawal to BTC and move to trusty cold wallet storage.

For anyone considering actually doing this, this is horrible advice. It’s literally never been easier to buy BTC from several different, reputable sources.

Why is it horrible advice? There are reasons why people would not want to buy BTC from exchanges or other places. Some places even charge a fee. There are many money under the mattress people. And I don't trust any exchange or anywhere but a cold storage wallet to hold my bitcoin.