Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

Skip to comments.

Bitcoin Reaches New All-Time High Of $69,420
X (formerly Twitter) ^

Posted on 03/08/2024 7:37:13 AM PST by Enlightened1

BREAKING: #Bitcoin reaches new all-time high of $69,420

 

https://twitter.com/WatcherGuru/status/1766123788553404744

 

 

Crypto Prices

https://www.coingecko.com/


TOPICS: Business/Economy; Chit/Chat; Miscellaneous; Society
KEYWORDS: alltime; bitcoin; btc; gold; high
Navigation: use the links below to view more comments.
first 1-2021-4041-6061-8081-84 next last

1 posted on 03/08/2024 7:37:13 AM PST by Enlightened1
[ Post Reply | Private Reply | View Replies]

To: Enlightened1

In before the tulips crowd.


2 posted on 03/08/2024 7:39:32 AM PST by E. Pluribus Unum (The worst thing about censorship is █████ ██ ████ ████████ █ ███████ ████. FJB.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Enlightened1

I gotta admit I really enjoy watching the constant rise and fall of Bitcoin. No, I don’t have any and have no plans to ever dive in - because I’m not a gambler.

But still, It’s entertaining. And that reminds me. It’s about time for the tulips to start coming up. The daffodils are blooming in my area.


3 posted on 03/08/2024 7:39:45 AM PST by cuban leaf (2024 is going to be one for the history books, like 1939. And 2025 will be more so, like 1940-1945.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Enlightened1

Not Fonzie, but ponzi.


4 posted on 03/08/2024 7:40:30 AM PST by Vaquero (Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you. )
[ Post Reply | Private Reply | To 1 | View Replies]

To: Enlightened1

Junkcoin


5 posted on 03/08/2024 7:41:05 AM PST by butlerweave
[ Post Reply | Private Reply | To 1 | View Replies]

To: Enlightened1

bought it at $21K and $27K. Was waiting to get out at $75K- may sell some at $70K instead


6 posted on 03/08/2024 7:42:22 AM PST by God luvs America (63.5 million pay no income tax and vote for DemoKrats...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Enlightened1

I have a question about these crypto markets. If you have a large amount of Bitcoin, say 1,000, and want to cash it in at these price peaks, can you do it? Will there be enough liquidity in the market to pay out in cash?


7 posted on 03/08/2024 7:42:44 AM PST by fwdude (.When unarmed Americans are locked up for protesting a stolen election, you know it was stolen.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Enlightened1

70k, but perhaps a short-term blow-off top. BTC will need several weeks to consolidate thewse gains before bveing able to make the first move to 100k.


8 posted on 03/08/2024 7:44:19 AM PST by montag813
[ Post Reply | Private Reply | To 1 | View Replies]

To: God luvs America
bought it at $21K and $27K. Was waiting to get out at $75K- may sell some at $70K instead

It will likely get to $450,000 by September 2025.

9 posted on 03/08/2024 7:45:03 AM PST by montag813
[ Post Reply | Private Reply | To 6 | View Replies]

To: cuban leaf

On April 19th or 20th comes the Bitcoin halving.

Three out of Four times it has happened whatever the price of Bitcoin is at the halving it doubles in 18 or 19 days.

Oh and for the record this is the first Bull Run where we hit all time highs before the halving. Probably because of BlackRock, Fidelity, State Street, etc... All 9 ETFs are buying up the maximum coins they can every day. Ditto Micro Strategy that borrowed 700 million to buy more Bitcoin, and even countries like El Salvador, Argentina and United Arab Emirates.


10 posted on 03/08/2024 7:45:07 AM PST by Enlightened1
[ Post Reply | Private Reply | To 3 | View Replies]

To: cuban leaf
I don’t have any and have no plans to ever dive in - because I’m not a gambler.

If you gambled the insignificant price of pennies per Bitcoin at the onset about 13 years ago, would that have been a good investment? You could easily afford to lose a few tens of bucks in exchange for the chance of a payout.

Every investment is a gamble. Even in cash.

11 posted on 03/08/2024 7:45:45 AM PST by fwdude (.When unarmed Americans are locked up for protesting a stolen election, you know it was stolen.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Enlightened1
I was excited to hear this news, as I have six Bitcoin. But then it occurred to me.
They’re not talking about the kind of Bitcoin I own.


12 posted on 03/08/2024 7:45:48 AM PST by Leaning Right (The steal is real.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Enlightened1

but you have to use $71, 000 in electricity to get one bitcoin


13 posted on 03/08/2024 7:46:02 AM PST by butlerweave
[ Post Reply | Private Reply | To 1 | View Replies]

To: fwdude
I have a question about these crypto markets. If you have a large amount of Bitcoin, say 1,000, and want to cash it in at these price peaks, can you do it? Will there be enough liquidity in the market to pay out in cash?

Yes and no. TONS of liquidity, to be sure. But platforms like Coinbase are notorious for "breaking" at major spikes or drops, leaving people holding the bag. Conspiracy theories abound.

14 posted on 03/08/2024 7:46:14 AM PST by montag813
[ Post Reply | Private Reply | To 7 | View Replies]

To: fwdude

Yes you can.

You can cash it on Coinbase, Uphold, Robinhood or Kraken.

https://www.coinbase.com/

https://uphold.com/en-us

https://robinhood.com/us/en/

https://www.kraken.com/


15 posted on 03/08/2024 7:48:32 AM PST by Enlightened1
[ Post Reply | Private Reply | To 7 | View Replies]

To: butlerweave

Haha!

No


16 posted on 03/08/2024 7:49:23 AM PST by Enlightened1
[ Post Reply | Private Reply | To 13 | View Replies]

To: Enlightened1

Those are the anniversaries of Waco, Oklahoma City, Columbine, Hitler’s birthday, and weed celebration day.


17 posted on 03/08/2024 7:49:25 AM PST by EEGator
[ Post Reply | Private Reply | To 10 | View Replies]

To: Enlightened1

It just broke $70,000

https://twitter.com/WatcherGuru/status/1766124600763560425


18 posted on 03/08/2024 7:50:11 AM PST by Enlightened1
[ Post Reply | Private Reply | To 1 | View Replies]

To: montag813

I own a few cryptos through Coinbase and I’m about to get out. A friend had his account hacked and they stole money from his linked bank account, which was restored by the bank after an investigation (Go Frost Bank!!!!) It seems that Coinbase didn’t follow their policy of a delay in transactions so that account owners can be notified if the transaction is fraudulent.


19 posted on 03/08/2024 7:50:23 AM PST by fwdude (.When unarmed Americans are locked up for protesting a stolen election, you know it was stolen.)
[ Post Reply | Private Reply | To 14 | View Replies]

To: Enlightened1

Won’t large sell transactions in cryto immediately affect the price of the currency, though?


20 posted on 03/08/2024 7:52:42 AM PST by fwdude (.When unarmed Americans are locked up for protesting a stolen election, you know it was stolen.)
[ Post Reply | Private Reply | To 15 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-6061-8081-84 next last

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.

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson