Crypto (Bitcoin, Ethereum, etc.)

[Tyronn Lue]

I'm proud to be a bit of a neo-luddite, life was far better before the advance of counterculture and social media bull . There have only been a few *good* things to pick out that have *improved* over the past 40-50 years in the USA, like less cigarette smoking, but unfortunately that hasn't really been killed off but largely replaced by hard illegal drugs like marijuana and vaping which is almost as gross as smoking. I'm hoping Obergefell v Hodges is overturned, as well as Citizens v United. Civil unions being a 10th amendment issue okay, i'm fine with that similar to abortion, but gays having equal married filing jointly federal tax breaks as man and woman, i.e. a reproductive couple with kids? no. Also, eliminate conscriptionary child support or at least standardize it (and make it fully tax deductible) so it's not income based i.e. communist, promoting moocher welfare queens, eliminate alimony, eliminate child tax credit for single parents. Promote school vouchers and eliminate public school property taxes for people who pay tuition to send their kids to private school.

[Tyronn Lue]

My coinbase is getting deactivate for "su ious activity" like wtf? I've been kyc'd confirmed multiple times and just because I decided to wire 1.3m in to my 250k position they blocked the transaction and now they're closing my account? wt ? I better get my 250k back + the 2,184 or so I gained on crypto in November, or else i'm getting my lawyers involved, they cost me six figures easily, I tried that wire 2 days before the election and they kept blocking me

reads like copypasta

[Tyronn Lue]

Crap. Hopefully there'll be a temporary dip in the next couple weeks. My account is stuck and has been for a week and a half because the company did some random re-KYC bull even though I already completed all the KYC stuff in June but they're really finicky. They kept requiring additional do ents and selfies for no good reason and now they're saying my account won't be unlocked and "verified" (again) until 12/9. Even though before they had said it would be this week they kept pushing it back a day because they're slow and there's like no good customer service.

Literally 2 weeks later

Not the best day for bitcoin not the worst, but altcoins including ethereum took a massive hit, pretty much nothing was spared. Doge is actually back below where it was just post election. Solana has not done well at all since the initial election bump. Cardano back under $1. LTC could fall under $100 again. Only really good investment so far aside from Bitcoin is Ripple if you'd bought it just after the election when it was under $1. I don't see that going back under $1 for at least a year or so from now.

At this point you're just throwing at the wall.

[Millennial_Messiah]

After a rocky last few days especially yesterday, shot back up out of a cannon this morning

[Millennial_Messiah]

Definitely primed for a bull run 2025.

[spurraider21]

Whatever happened with blockchain medical records and smart contracts btw?

[ChumpDumper]

Whatever happened with blockchain medical records and smart contracts btw?

Dealing honestly turned out to not be a selling point.

[Millennial_Messiah]

Bull run is taking its course. I see 140-160k ish peak by summer 2025 for bitcoin based on historical trends and halvings and then a dump back into the 50k-70k range in 2026 settling on ~70k by mid to late 2026.

[Millennial_Messiah]

Functional altcoins, even solana are finally doing well again after about a two month slump. Ripple [XRP] is definitely the Trump Coin. Achieved ATH in 2017, completely underperformed in 2021, and looking like it's back to shatter new records for the 2025 bull cycle.

[z0sa]

BTC is my one failing. I've always been a most wary investor. I've built houses (with help, of course) with my bare hands. Never trusted the banks beyond as much as I could borrow from them at as close to 0 as possible.

I could have spent 250k on BTC when it was absolutely stupidly cheap and had a bunch of it. Still lose sleep over that. Thanks for coming to my tedtalk.

[Millennial_Messiah]

Well, the Bull market is over it seems, thanks to one Donald J. Trump and his Tariffs.


Definitely did well in 2021 under Biden. We should have elected a Democrat President if we wanted BTC to soar.

[SnakeBoy]

BTC is my one failing. I've always been a most wary investor. I've built houses (with help, of course) with my bare hands. Never trusted the banks beyond as much as I could borrow from them at as close to 0 as possible.

I could have spent 250k on BTC when it was absolutely stupidly cheap and had a bunch of it. Still lose sleep over that. Thanks for coming to my tedtalk.

I can probably get to about half a billion dollars with would've could've should've. I mean legit stuff I seriously considered buying and decided against or bought and sold too soon. Never lose sleep though because knowing the past is easy, knowing the future not so much.

[Millennial_Messiah]

I can probably get to about half a billion dollars with would've could've should've. I mean legit stuff I seriously considered buying and decided against or bought and sold too soon. Never lose sleep though because knowing the past is easy, knowing the future not so much.

I could easily get to that much and more with stuff I'd tried to bet on but was screwed over by robinhood and coinbase by "security alert! we need to close your account because there might be fraud i.e. you're making too much!"

[Spurminator]

BTC is my one failing. I've always been a most wary investor. I've built houses (with help, of course) with my bare hands. Never trusted the banks beyond as much as I could borrow from them at as close to 0 as possible.

I could have spent 250k on BTC when it was absolutely stupidly cheap and had a bunch of it. Still lose sleep over that. Thanks for coming to my tedtalk.

The thing is, you probably would have sold that 250K of bitcoin before it even got anywhere near even double the value, and you wouldn't have been wrong to do so.

A lot of people (myself included) look back and wonder, but I know if I'd have bought the $1,000 of BTC I considered buying when brands started jumping on the bandwagon for PR (and when that one dude bought a pizza for 10K or whatever it was), I probably would have sold it before it even got to $10K in value, because at that point who's to say it's not going to all tank soon?

There's a reason there's only a handful of BTC billionaires.

[SnakeBoy]

Friend of mine says he bought around 500$ worth of worth of bitcoin when it was sub $1. He doesn't remember the exact details of what he bought but that's his best guess. He also has no idea what he did with them.

Pretty sure he's telling the truth...story is the same every time, he gets mad telling it every time, and then he stares off deep in thought. Naturally, I can't resist occasionally asking "Did you ever buy bitcoin?", as if I had forgotten his story.

[Millennial_Messiah]

Ouch. Bitcoin officially has crashed, this is not a dip (at least not short term) most likely... it fell below 90k and is falling like a rock, down in the 87k range and falling hard.

Elon killed the bull run. Unbelievable.

[Joseph Kony]

lol the crypto sphere thought these morons running things would signal a massive bull run and all they've done is the market over and make investors more cautious with their re ed tariffs. doesnt help when the president of the free world is rug pulling millions with his own coin

[Millennial_Messiah]

lol the crypto sphere thought these morons running things would signal a massive bull run and all they've done is the market over and make investors more cautious with their re ed tariffs. doesnt help when the president of the free world is rug pulling millions with his own coin

Down to 84k........ hater Leetonidas

[Millennial_Messiah]

ChumpDumper

You're so lucky you picked Litecoin out of everything. LTC has been the strangely resilient outlier. Actually completely bucked the trend and went massively UP today.


Most coins are reverting, if not reverted, back to their pre-Election Day / Trump Bump numbers. Solana and even Ethereum are doing terrible. coin not moving as much because it doesn't have as much room to fall at the moment. Dogecoin fell under .20 even as Elon's DOGE has taken off.

XRP is going down for sure but it's another case of an outlier since it massively overperformed so much and had an unexpected second big e around the New Year which outperformed the market.

[Millennial_Messiah]

Honestly, who couldn't have predicted that tariffs would hurt Bitcoin and other crypto, considering they already did in early 2018 during the first round of Trump tariffs.


Promises made, promises kept. Except for the Bitcoin/crypto national reserve. That was completely axed by the Trump administration and it was pretty obvious otherwise his company wouldn't have released those ty memecoins on inauguration day.

Libertarians got their Ross Ulbright sentence commuted/ out of prison, they lost on crypto. Give and take, I guess.

[Leetonidas]

Meh

[ChumpDumper]

ChumpDumper

You're so lucky you picked Litecoin out of everything. LTC has been the strangely resilient outlier. Actually completely bucked the trend and went massively UP today.

Muh dumb ass luck.

[Millennial_Messiah]

Welp, down goes the bitcoin, under 80k and falling like a rock.

Long live the dollar.

Just didn't think it would happen this early, until about 9 months from now. Trump and Elon Musk are really to blame more than anyone else for this. Trump dumped the crypto and is the most anti-crypto president ever, paired with the fact people got all too giddy about the halving being unusually early in 2024 compared to 2020 or 2016 (spring instead of the usual fall).

Anyone buying this "dip" (not really a dip, just lower than the ATH and about midway through the crash or possibly less) right now will have to wait until at least late 2027 to break even.

[ChumpDumper]

Welp, down goes the bitcoin, under 80k and falling like a rock.

Long live the dollar.

Just didn't think it would happen this early, until about 9 months from now. Trump and Elon Musk are really to blame more than anyone else for this. Trump dumped the crypto and is the most anti-crypto president ever, paired with the fact people got all too giddy about the halving being unusually early in 2024 compared to 2020 or 2016 (spring instead of the usual fall).

Anyone buying this "dip" (not really a dip, just lower than the ATH and about midway through the crash or possibly less) right now will have to wait until at least late 2027 to break even.

coins issued by political candidates might be the investment of the future starting in 2026.

[Millennial_Messiah]

bump - sudden e to 93k out of nowhere!