What do people think about Bitcoin?

My NVDA shares are also trending home prices to zero..?

 

Summary
Several converging signals may be pointing to the start of a new “crypto winter” as some extreme negative sentiment has set in due to the onset of global tariffs and the potential for further escalations. The total crypto market cap (excluding BTC) now stands at $950B, a steep 41% decline from its December 2024 high of $1.6T and 17% below levels from the same period last year. To put this into perspective, it’s even lower than almost the entire period from August 2021 through April 2022.

Nevertheless, both BTC and the COIN50 index have recently broken below their respective 200DMAs, which signals potential bearish long-term trends in the overall market.

Thus, we think this warrants taking a defensive stance on risk for the time being, though we still believe that crypto prices may be able to find their floor in mid-to-late 2Q25 – setting up a better 3Q25. For now, the challenges of the current macro environment require greater caution.



https://www.coinbase.com/zh-cn/inst...arch/monthly-outlook/monthly-outlook-apr-2025

Coinbase Warns Of Crypto Bear Market, But Says A Recovery In 2025 Is Possible

 

^^^ take it to the shitcoin thread

 

Rereading the first few pages is amusing.

Posters who consistently have bad takes to this day @Ottomaton @Major vs @tallanvor @Commodore

 

@Ottomaton has like a handful of posts in this thread, most of them from 2017 and earlier. That's small potatoes compared to some of the hall of fame bad take generators we have here now.

 

No.

It talks about BTC in that article which is relevant info for this thread. If you only want to pump BTC, then be my guest but I am going to post both sides.

 

It's not about up vs down or bear vs bull, it's about bitcoin vs crypto.

It's not really btc relevant. Not a big surprise given the publisher is a giant shitcoin casino.

 

And isnt that publisher how a lot of users buy BTC?

 

Since this post the Nasqad is down 8% and BTC is up 8% (along with gold).

This is the first time I can remember BTC decoupling from the rest of the broader stock market.

There will be more ups and downs to come, but if the pattern (or lack thereof) holds, that's a really big deal.

 

Bitcoin price at thread creation vs now: $854/$91,400 (107X gain)

S&P price at thread creation vs now: $1790/$5276 (3X gain)

Gold price at thread creation vs now: $1267/$3380 (2.7X gain)

 

What's DOGE? Lulzm

 

Bitcoin is a bigger fad than Amazon, Google and silver.

 

The masses finna get direct access to Bitcoin

 

Man, I am consulting for a couple of Web3 projects and I have a crypto payment bonus - just cashed in 5 figures, but what a pain in the ass to get it to the right chain, then to the right exchange, then finally to cash.....

I think I lost about 5% overall doing it.....lol....

DD

 

You agreed to be paid in shitcoins?

Yikes

 

Quality of work begets quality of payment.

What he isn't telling you is the speed of payment.

 

No, but I get that as a bonus - as a way to keep me around - and engaged......I don't mind, two places giving me $3k a month of their tokens as well as paying me? **** adds up.

Or I transfer them to ETH or BTC.

DD

 

Bonus or not, it's part of your comp, which I would never agree to... unless I was already being comped extremely well.

It's like being paid with lottery scratchoffs or something... I hope it's not really the difference between "keeping you around and engaged" or not.