It finally happened, BITCOIN broke past $100K!

[Houdini]

It took a while, considering how long it had been hovering around $95-97K, but last night, European time, it finally happened. Now I’m curious to see if it stays above $100K and how much higher it might go.

 

[diro]

That’s sweet, just waiting for it to hit 150K now.

 

[void]

good
my thrill starts at 500k

 

[JackAlabama]

well yeah expected but no biggie. Im waking up at 1M.

 

[YoungLansk]

its not over till it flips gold

 

[JohnnyDoe]

So what? It also broke past 6.5 billion ZWL (Zimbabwe Dollar). Why one should care about the USD or any other shitcoin?

 

[turmpy]

Awesome, let's hope it will jump to 125K and upper that before end of year

 

[W Fish]

The USD shitcoin is now under 1,000 satoshis.

//It kinda is a moment worth mentioning ..... for the dollar. //

Government debt as money is a highly experimental technology with a terrible track record but the scam continues by preying on the gullible: university graduates & the financial industry.

/Saif/

 

[JosephLL]

My Schadenfreude starts when I see 100k in the gayest and the most disgraceful deep state proxy shitcoin ever - €.

 

[cryptofriendly]

The margin interest on USDT loans is 85% now. And yield for USDT 'staking' is >20%.

Insane times, (almost) every time it went over 50% (that started to happen just in the last few weeks), a drop (in BTC) followed.

But it doesn't matter now. I don't think we'll drop under 100K until this bull is over. 150K is just a matter time (<6 months).

BTW: I am still buying BTC, even today.

 

[W Fish]

The margin interest on USDT loans is 85% now. And yield for USDT 'staking' is >20%.

Where?
Both Binance and Kraken margin interest should be chepaer AFAIK

 

[cryptofriendly]

Where?
Both Binance and Kraken margin interest should be chepaer AFAIK

You think so? You can still see that 82% at the bottom (lasting until around 5PM Asia time), still 'holding' above 50%.

 

[cherry]

Find a better crypto unless you want the state to forceably (and easily) take it from you...

https://twitter.com/x/status/1864521971989434543

 

[Martin Everson]

You can all thank Jerome Powell for this price movement

Just needs Trump to say something positive again and another boost will be underway.....or negative and it will drop...lol.

 

[W Fish]

You think so? You can still see that 82% at the bottom (lasting until around 5PM Asia time), still 'holding' above 50%.

View attachment 8305

My bad. Not a frequest user of Binance.
So the 21.84... is last 30 days average?

 

[void]

Find a better crypto unless you want the state to forceably (and easily) take it from you...

this guy doesn't understand that evolution doesn't favor the technically "best" solution but the one that fits/adapts the best - bitcoin is a cure to the world as we know it, providing the perfect scarcity and auditability of reserves, prohibiting the states, banks and other bad actors from cheating and allows for their reinstatement - it paves the way to a world where you can restore the personal freedom and privacy - even ultra anarchists like me are careful what they wish for and understand that peaceful transition is wiser than hanging politicians in the street (not that they don't deserve it)

Just needs Trump to say something positive again and another boost will be underway.....or negative and it will drop...lol.

naaah, you're still trying to keep your image for some reason and pretend you don't own any bitcoin since your famous bitcoin exit at 13k? no hard feelings but I'm not buying this

 

[cryptofriendly]

My bad. Not a frequest user of Binance.
So the 21.84... is last 30 days average?

Actually, the 30 days average adjusted to 21.98% now, less than an hour later.
It's gonna adjust much higher in the following days, as the current rate is still at 56%.

It seems to be limited to Binance, as AAVE's USDT borrow rates are below 20% during all that time.
I smell some arbitrage opportunity........off to work

 

[cherry]

this guy doesn't understand that evolution doesn't favor the technically "best" solution but the one that fits/adapts the best - bitcoin is a cure to the world as we know it, providing the perfect scarcity and auditability of reserves, prohibiting the states, banks and other bad actors from cheating and allows for their reinstatement - it paves the way to a world where you can restore the personal freedom and privacy - even ultra anarchists like me are careful what they wish for and understand that peaceful transition is wiser than hanging politicians in the street (not that they don't deserve it)

No, BTC definitely does not prohibit the states and banks from cheating. The mass of sheeple went along and allowed themselves to be KYC'd by the states in order to acquire BTC or cash it out, and now the states and banks will steal it from you whenever they want, because BTC is publicly traceable. Bitcoin was supposed to be a decentralized currency, but the sheep made it a speculative investment. This means bad actors can manipulate the price directly via shorting, or indirectly by propaganda campaigns.

BTC is pure poisoned s**t.

Monero provides superior freedom and privacy, and the ethos of the Monero ecosystem is anti-KYC or government tracking. Something BTC used to be before the sheep jumped aboard. Monero is untraceable by default, unlike BTC.

Cryptos don't even provide scarcity, because those 21 million bitcoins can be divided up in ever small amount, ad-infinitum. This is much the same as inflation.

 

[mytoofood]

and it's below 100K again down to 98K US$

 

[LegitBananas]

No, BTC definitely does not prohibit the states and banks from cheating. The mass of sheeple went along and allowed themselves to be KYC'd by the states in order to acquire BTC or cash it out, and now the states and banks will steal it from you whenever they want, because BTC is publicly traceable. Bitcoin was supposed to be a decentralized currency, but the sheep made it a speculative investment. This means bad actors can manipulate the price directly via shorting, or indirectly by propaganda campaigns.

BTC is pure poisoned s**t.

Monero provides superior freedom and privacy, and the ethos of the Monero ecosystem is anti-KYC or government tracking. Something BTC used to be before the sheep jumped aboard. Monero is untraceable by default, unlike BTC.

Cryptos don't even provide scarcity, because those 21 million bitcoins can be divided up in ever small amount, ad-infinitum. This is much the same as inflation.

With all due respect, if you think dividing bitcoin into smaller amounts is even remotely similar to inflation (increasing the total supply of something) you do not fully understand what inflation is.