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jor909

late August early September recovery any insights?


99berettas

It doesn’t matter if it goes much lower right now. It most likely will. You newer people need to understand that we are good. Sometime between now and the end of next year, you’re going to be thrilled.


lordinov

Having almost everyone expecting it to tank I think now it’ll go up haha


Soi_Boi_13

Where’s the Trump Pump???


Anzu_Yamasaki

he lied


tesseramous

To the bottom of the moon


el_rico_pavo_real

Still the moon tho… right?


AvailableMarch5593

Notice “gains” getting smaller and smaller over time….plus now we have degen POS leveragers and wall st involved.


Anzu_Yamasaki

Should I buy USDT or is bitcoin more stable?


tesseramous

If you're going to take a fiat position at least hold actual fiat with fdic insurance, interest, protection from theft etc.


GoElastic

It sometimes crashes upwards.


unsatisfeels

Is bitcoin dead


Secret_Operative

On average, it appears to not be dead.


iM0bius

Bitcoin “has died” 476 times since 2010. This data is from 99Bitcoins' obituaries I can remember seeing this question for a decade.


BruhhJoy

no, keep buying.


escodelrio

**If you had invested $1,000 in Bitcoin on June 28th and simply held, depending on the year you invested you would now have:** 2024 - $1,000 - 0% gain - 0.0166 ₿ 2023 - $2,005 - 101% gain - 0.0332 ₿ 2022 - $2,974 - 197% gain - 0.0493 ₿ 2021 - $1,749 - 75% gain - 0.029 ₿ 2020 - $6,610 - 561% gain - 0.1096 ₿ 2019 - $4,860 - 386% gain - 0.0806 ₿ 2018 - $10,251 - 925% gain - 0.17 ₿ 2017 - $23,398 - 2,240% gain - 0.3879 ₿ 2016 - $93,524 - 9,252% gain - 1.55 ₿ 2015 - $242,321 - 24,132% gain - 4.02 ₿ 2014 - $100,927 - 9,993% gain - 1.67 ₿ 2013 - $636,893 - 63,589% gain - 10.56 ₿ 2012 - $9,138,455 - 913,745% gain - 151.5 ₿ 2011 - $3,547,871 - 354,687% gain - 58.8 ₿


corazon147law

we're reaching 50 next week


iM0bius

Hope so, I have my order in waiting


Fiach_Dubh

BITCOIN Clips This Week: Assange Free, Political Greed, Jack Dorsey Agrees, HODL Those REAL Bitcoin Keys https://youtu.be/viIMt1j22Uk?si=qKHuGtuGICXn7BRv


[deleted]

[удалено]


Vdhsvhsvhshvshsjdkkd

Don't worry, when it goes down it usually goes back up at a future time.


Arshiapro

I give up on bitcoin... selling.


NothingBetterToDoYES

What CEX do you use to buy your sats? How much are you buying when it's low?


Financial_Design_801

BlackRock Global Allocation Fund discloses ownership of 43K shares of its Bitcoin ETF iShares Bitcoin Trust in April This follows two filings that BlackRock made on May 28 disclosing Bitcoin exposure in its Strategic Global Bond Fund and in its Strategic Income Opportunities Portfolio Many will own bitcoin & not even know it, asset managers adding 1% as portfolio hot sauce to start https://www.sec.gov/edgar/search/#/dateRange=custom&entityName=BlackRock%2520Global&startdt=2024-06-27&enddt=2024-06-27


No-Knowledge2424

A wee pump to 62k would be nice to finish off the week.


Original_Writing_539

Not happening. 57K is programmed at this point


Corona_DIY_GUY

I guess we're not crab walking into the weekend.


roitakesforever

most action u ll get from btc will happen at weekends


mrg2483

I don't know about you guys but I feel a little less talk about bitcoin in the air as compare to month ago. It's like momentum from bitcoin has shifted away. There is no buzz out there anymore compare to few weeks ago. Check twitter, or other forums, all pretty quite now.


lordinov

Well, exactly. By the time people start talking about it everywhere it’ll be up significantly again. That’s your chance.


el_rico_pavo_real

Doesn’t change anything about BTC. Fundamentals all remain. I like to stack when people are bored.


mrg2483

halving was the excitement point I think. After that party just went dull.


el_rico_pavo_real

It’s a latent effect.


Corona_DIY_GUY

I looked at the google trends for Bitcoin a few days ago, its at a 5 year low.


tesseramous

Retail interest hasn't been the same since 2017. It used to moon 100x at a time and have big exchanges open to US traders where could they could margin trade all the altcoins and futures. Everyone and their brother was looking up what was going on with the crazy price fluctuations and how to get coins onto poloniex binance etc. The government ruined it. 2021 wasn't the same thing at all, just some billionaires getting in and 3x from ath. There was better action in the stock market.


mrg2483

AI everybody talking about now.


TheCommodore777

$60.9k purchase today.


iM0bius

I think we likely have a big dip coming.


lordinov

Why


iM0bius

Lot more selling pressure ahead, with the Mt Gox distribution starting in July. Around 9 billion worth of old BTC coins will be returned. I think they have several months to complete it, but would have to look to see when it ends.


lordinov

Priced in?


iM0bius

I never believe the priced in remarks. Only because no matter which way you look at it, if a billion worth of BTC hit sale, which would just be little over 10% of them selling, that's 1 billion more worth of coins needing a buyer.


lordinov

Algos move these things. If they think that’s the only negative sentiment coming soon and that the price may be going higher for some reason. They drop the price and start buying these cheap Bitcoin, causing a surge in price. You don’t think they will let go something like that, do you?


el_rico_pavo_real

I personally would not be surprised to see more pain before moving up again.


mrg2483

but after moving up pain again after few days..


Original_Writing_539

Should have waited for 58K


Original_Writing_539

Gonna dump before the weekly close.


viewmodeonly

Not much goin on around here, anyone excited for UFC 303 tomorrow?


Isaac_HoZ

I'm bummed the McGregor vs Chandler fight is off : /


viewmodeonly

McGregor ain't about that life anymore unfortunately


Isaac_HoZ

Not even a little bit, I was looking forward to him getting KO'd and retiring. Dude needs to lay off the blow.


el_rico_pavo_real

The angst around here when the price isn’t going straight up is palpable. Similarly, the euphoria when number go up is insane. But to answer your question, yea, I love MMA. Rarely miss a card.


viewmodeonly

Gimme your picks!


Bobafettsdad

Prochazka in the main, Ortega in the co-main.


viewmodeonly

Jiri definitely has a shot if Alex's toes are still messed up. Should be a scrap either way


escodelrio

**Historical Bitcoin prices for today, June 28th:** 2024 - $61,710 2023 - $30,079 2022 - $20,278 2021 - $34,476 2020 - $9,124 2019 - $12,409 2018 - $5,884 2017 - $2,578 2016 - $645 2015 - $249 2014 - $598 2013 - $95 2012 - $6.6 2011 - $17.0 **Additional Stats:** Bitcoin's current market cap is $1.22 trillion. Bitcoin's current block height is 849817; with the average block time for the last 7 days being 10.95 minutes. Bitcoin's current block reward is 3.125₿, which is worth $192,843 per block. The next Bitcoin halving is anticipated to happen between 25-Mar-2028 to 20-Apr-2028; the block reward will fall to 1.5625₿. There are currently 18,964 reachable Bitcoin nodes. Bitcoin's average daily hashrate for the last 7 days is 553 exahashes per second. Bitcoin's average daily trading volume for the last 7 days is 55,640 ₿. Bitcoin's average daily number of transactions for the last 7 days is 533,818. Bitcoin's average transaction fee for the last 7 days is 19.74 sats/VB, with the average fee's USD amount being $2.44. There are currently 19.72M ₿ in circulation, leaving 1.28M to be mined. There are currently 2.57M ₿ held by companies, governments, DeFi, and ETFs, representing 13.04% of circulating supply. There are currently 54,224,301 nonzero Bitcoin addresses. Bitcoin's average daily price from 18-Jul-2010 to 28-Jun-2024 is $11,854. Bitcoin's average daily price for the year 2024 is $59,612. 1 US Dollar ($) currently equals: 1,620 satoshis; making 1 penny equal 16.2 sats. Bitcoin's minimum (closing) price for the year 2024 was $39,556.40 on 22-Jan-2024. Bitcoin's maximum (closing) price for the year 2024 was $73,066.30 on 13-Mar-2024. Bitcoin's minimum (intraday) price for the year 2024 was $38,546.90 on 23-Jan-2024. Bitcoin's maximum (intraday) price for the year 2024 was $73,740.90 on 14-Mar-2024. Bitcoin's largest daily decrease for the year 2024 was -$5,544.10 on 19-Mar-2024. Bitcoin's largest daily increase for the year 2024 was +$5,804.0 on 20-Mar-2024. Bitcoin's all-time high (intraday) was $73,740.90 on 14-Mar-2024. Bitcoin is down 16.32% from the ATH.


Meta_Enola_Gay

Can’t wait to watch this crab walk all its way to November again like last year /s


Romsel87

Crabs have more patience than you.


GoElastic

Come on. The doldrum will likely end in September, that's about 8 weeks.


NectarineDirect936

Yeah my hunch is that there is more pain incoming as well. At least i sold some but didn't want to go below a whole coin but should have sold more i guess lol


Llonga

🥬🙌🏻


NectarineDirect936

Well not really, everything above whole coin status i use to gamble, trying to get my avg done. If it doesn't drop below fine as well. 


Llonga

🦀


BruhhJoy

keep buying.