Bitcoin tops $40,000 for first time, pushing cryptocurrency market value past $1 trillion https://www.cnbc.com/2021/01/07/bitcoin-btc-rally-extends-price-hits-record-high-above-37700.html Why not have some fun while it lasts?
not done yet lol. past 41k now as of this early AM... does this have legs to 50k, before the inevitable rug pull?
UPDATE 1-Bitcoin jumps 10% to record high on Tesla investment news ByReuters Staff 1 MIN READ (Adds details, background) LONDON, Feb 8 (Reuters) - Bitcoin jumped more than 10% on Monday to a record high after Tesla said it had invested $1.5 billion in the most popular cryptocurrency last month. The news sent Bitcoin soaring as high as $43,625 as of 1300 GMT. Smaller cryptocurrencies including ethereum and XRP that tend to move in tandem with bitcoin also jumped, rising as much as 5% and 4% respectively. The electric carmaker unveiled the investment ten days after its chief executive Elon Musk drove up the cryptocurrency’s price by adding a “#bitcoin” tag on his Twitter profile page. Musk removed the tag from his Twitter bio a few days later but has continued talking up bitcoin and other cryptocurrencies, in particular, dogecoin, to his 46 million Twitter followers. In December, he had mooted the possibility of converting “large transactions” of Tesla’s balance sheet into bitcoin. Bitcoin is up almost 50% this year following gains of over 300% in 2020.
Are we over that 50K yet? Looks like the futes have already printed. Any guesses on the next stop until the next inevitable rug pull?
looks like that 50k did finally print during the overnight. i know i was calling for it after that last major pullback, but shit i honestly did not think it was gonna happen this quickly lmao.
Mother of God! +7% at the highs Is this some sort of mad scramble to own or just the world going crazy with daytrading?
Canada now has 2 ETFs. And ELON got a slap on the wrist for tweeting to much about it. A little bit of both. Seems like the buyers are snapping it up at every dip though. What if ELON is SATOSHI? Conspiracies ensue. Ha ha.
Well, will you look at this... https://videocardz.com/newz/nvidia-...er-thing-technology-could-expand-to-more-skus I might be able to get a 3080 before I die rather than after Real adults just outright buy the damn coin rather than destroy an entire industry trying to "mine" it like a pleb!
Elon just tweeted he felt the price is kinda high, Im sure he got a little slap on the hand. If the SEC trys to fine him,, he will laugh it off and pay in bitcoin.This is way beyond him now, he owns a very small percentage. It just topped 1 Trillion and is now being taken as a serious Contender. In time we will have a ETF here at home just the way Canada has paved the way. For those that think its a tulip bubble, they should not invest into it. Would love to hear what WARREN BUFFETT and CHARLIE MUNGER have to say about it now. They could have tossed a measly million out their lunch money into it a year ago just to prove how worthless it really is.
I think its a Tulip bubble, and Im invested. There is no doubt that this is in bubble territory, it will pop. The question is if it happens at $100k, $200k or where ever the final top is. Same thing as tech stocks in 2000, the were all valued on fluff. Once the air came out, the strong survived and the others faded away. RIP pets.com.
