We need to redefine what selling means. "Cashing out" or "taking profit" sounds too positive when what they are really doing is jumping back into a sinking boat called fiat.
Exactly. For some reason they think of it as buying and selling Bitcoin instead of buying and selling fiat currencies. I can't believe anyone would be so short-sighted as to spend their precious Bitcoin just to invest in some silly fiat currency. Do they really expect dollars, euros, yuan, etc to outperform Bitcoin? |
|
|
|
From the Top 20 Days thread: Rank BitStamp USD/BTC
1 2024-03-08 68221 USD
2 2021-11-09 67483 USD
3 2024-03-07 67191 USD
4 2024-03-06 66315 USD
5 2021-11-10 66256 USD
6 2024-03-04 65970 USD
7 2021-11-08 65762 USD
8 2021-10-20 65702 USD
9 2021-11-15 65064 USD
10 2024-03-05 65034 USD
11 2021-11-11 64931 USD
12 2021-10-21 64502 USD
13 2021-11-14 64456 USD
14 2021-11-13 64113 USD
15 2021-11-12 63900 USD
16 2021-04-14 63315 USD
17 2021-10-19 63168 USD
18 2021-04-15 62949 USD
19 2021-10-25 62745 USD
20 2021-11-03 62608 USD
21 2024-03-03 62489 USD
22 2021-11-02 62447 USD
23 2021-11-07 62216 USD
24 2021-04-13 62143 USD
25 2024-02-29 62117 USD
26 2024-03-01 62097 USD
27 2021-10-22 62069 USD
28 2024-03-02 62027 USD
29 2021-10-26 61895 USD
30 2021-11-04 61789 USD
31 2021-10-18 61675 USD
32 2021-10-30 61605 USD
33 2021-10-29 61534 USD
34 2021-04-16 61478 USD
35 2021-11-05 61449 USD
36 2021-11-01 61302 USD
37 2021-10-16 61253 USD
38 2021-04-17 61112 USD
39 2021-10-31 61085 USD
40 2021-10-23 61064 USD
41 2021-11-06 60862 USD
42 2021-11-16 60734 USD
43 2021-10-17 60685 USD
44 2021-10-24 60481 USD
45 2021-03-14 60429 USD
46 2024-02-28 60403 USD
47 2021-04-12 60169 USD
48 2021-10-15 60134 USD
49 2021-10-28 60131 USD
50 2021-04-10 60037 USD
51 2021-11-17 59813 USD
52 2021-04-11 59797 USD
53 2021-03-13 59670 USD
54 2021-04-02 59378 USD
55 2021-10-27 59370 USD
56 2021-11-21 59185 USD
57 2021-04-01 58826 USD
58 2021-03-20 58820 USD
59 2021-11-20 58791 USD
60 2021-11-18 58687 USD
61 2021-05-08 58665 USD
62 2021-03-31 58640 USD
63 2021-04-03 58586 USD
64 2021-03-18 58586 USD
65 2021-03-30 58473 USD
66 2021-11-25 58316 USD
67 2021-04-06 58307 USD
68 2021-03-19 58307 USD
69 2021-04-05 58289 USD
70 2021-04-09 58229 USD
71 2021-05-03 57906 USD
72 2021-05-09 57902 USD
73 2021-05-01 57825 USD
74 2021-11-29 57636 USD
75 2021-10-14 57623 USD
76 2021-04-04 57572 USD
77 2021-11-30 57431 USD
78 2021-12-01 57380 USD
79 2021-11-22 57339 USD
80 2021-04-08 57275 USD
81 2021-03-29 57263 USD
82 2021-03-21 57207 USD
83 2021-11-19 57203 USD
84 2021-02-21 57158 USD
85 2021-03-15 57137 USD
86 2021-05-07 57025 USD
87 2021-11-23 57006 USD
88 2021-05-10 56970 USD
89 2021-05-06 56806 USD
90 2021-10-11 56802 USD
91 2021-05-02 56788 USD
92 2024-02-27 56716 USD
93 2021-03-12 56712 USD
94 2021-11-24 56694 USD
95 2021-04-07 56684 USD
96 2021-12-02 56681 USD
97 2021-03-11 56339 USD
98 2021-10-12 56336 USD
99 2021-02-20 56335 USD
100 2021-03-17 56333 USD
* * Chart Explanation * * Top of the heap. |
|
|
|
I'm wondering if the OP is asking about the ethics of Bitcoin in a negative sense?
There have been a few posts claiming that Bitcoin isnt fair because its so expensive
now and the price is being driven up, and a lot of people got Bitcoin in the early days
for next to nothing, they make these points as if it is unethical.
I've seen claims that Satoshi's Bitcoin should be re-distributed, almost that it is
unethical that they are just locked away. There are a lot of ethical discussions and some
ideas are not ethical at all but some people think they are.
I'm sorry but I don't see anything unethical about being informed enough to find out about Bitcoin early, being smart enough to acquire it early, and being strong and smart enough to patiently hold during the ups and downs while weaker people panicked and sold. If anything is unethical it's wanting to re-distribute other people's Bitcoins. |
|
|
|
OT: anybody in favor of Sub-Zero fridge? The darned thing is $13.8K around here, lol.
My better half is following btc chart now and it makes her "excite", as Borat would say.
To me, any fridge is a good fridge....
I've worked on a few houses with people that had one. Yeah, they look impressive enough but to me, a fridge is a fridge. I'd rather spend it on a car or keep it in BTC haha. But you know the saying... happy wife, happy life :p Fridge? Car? They're both just machines. I find it amusing that some people actually get personally attached to machines. |
|
|
|
|
This should be the new top day. Not even close.
|
|
|
|
Good morning Bitcoinland. A lovely ATH. Slow coming though. Had to wait 3 whole days since the last one. Of course we got the standard long squeeze and fiat-taking. No problem. Going back up. As we surge up through the $7xxxx range will retail fomo finally start to kick in? Love the updated format with historical dates. Let's see how fast we make this chart obsolete. |
|
|
|
That is not very nice of you to have those kinds of thoughts and to refer to homer as a "this."
One never knows with pronouns these days. At least "this" is singular.  |
|
|
|
Speculate on this topic. Let's gather the knowledge of the legends here.
The most important ethical implication of Bitcoin ownership is decentralization, followed by pseudonymity. Breaking the centralized stranglehold of banks, governments and other corporations on money is the greatest benefit of Bitcoin. There is no freedom without anonymity and while Bitcoin is not totally anonymous, its pseudonymity is a step in the right direction. There is nothing ethical about banks, governments, churches and other corporations. They are based on greed. |
|
|
|
|
It's always buy buy buy time.
Only sell when you absolutely must.
Selling unnecessarily means you're losing bitcoins.
|
|
|
|
|
Close but no cigar.
Manana.
|
|
|
|
Mango says here I am in the kitchen!  Some monster over clipped his wings, and so he can't fly.  We adopted him as a rescue bird. He does have full run of the house though, no cages for this guy.  Well we do have one, but the door is always open, and he has a little nest on top that he usually hangs out in. Is he house broken? |
|
|
|
Castrated bears
Is there any other kind? |
|
|
|
|
Movin' on up.
Go Bitcoin go.
|
|
|
|
|
We finished Tuesday (UTC) well over where we started Monday... one day up, one day down but basically up.
I can't believe how many crybabies seem to think it was some horrible big dip. It was just a little short-term long squeeze. No big deal.
The ETF boys are not going to stop accumulating bitcoins just because some fools prefer fiat currencies or like gambling with leverage.
More ATHs please.
|
|
|
|
 Edit: actually closer to 200x |
|
|
|
Bull party has ended -back in hibernation- see you all in summer.
You forgot the /s. |
|
|
|
Good morning Bitcoinland. Another day another all year time high... followed of course by the requisite "profit taking" rush to invest in fiat currencies (and used as an opportunity to initiate a long squeeze). Meanwhile:  The rich (hodlers) get richer and the poor (tarders) get poorer. |
|
|
|
|
All the way up to 3rd place yesterday. Despite the little dip a few hours ago, we should be moving up again today.
Fun times.
|
|
|
|
|
We need another new poll.
|
|
|
|
|
Show Posts
