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Bitcoin has made a new all-time high price

coinbase.com

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Re: Bitcoin has made a new all-time high price

#311

Post by Slyfox33 »

squintychino wrote: post #292
Nifty3929 wrote: post #290

Earlier quoted context omitted.

I don't know about you, but I routinely pay for groceries with crypto. I just ask the checker for the store's wallet address and preferred currency. Sometimes we have to negotiate about which currency I use that they also use, but this is a detail that only takes 5-10min. Once we agree on a proper currency, I pull out my 2FA dongle to auth my phone wallet app, scan their QR code, check the address twice and click sen…

Can you provide the name and location of this grocery store? Or any grocery store that accepts btc? I've never encountered ONE single grocery store, or store for that matter, that accepts bitcoin as payment.

Think that was sarcasm.

Re: Bitcoin has made a new all-time high price

#312

Post by karmakurtisaani »

rrrrrrrrrrrryan wrote: post #293
paulpauper wrote: post #184

Earlier quoted context omitted.

It cannot even get to $100k despite endless predictions over the past 5+ years it would. Each cycle is getting subsequently smaller. If anything, it's reached the final stage in which the supply of new buyers to prop up the price, let alone new highs, is exhausted.

I suspect it's going to become increasingly normalized for people to put some fraction of their retirement accounts (perhaps 3% - 10%) into crypto, now that there are ETFs. I'm not saying the supply of new money won't eventually get exhausted, but there's still a ton of untapped boomer wealth out there that has yet to flow in.

So cryptos are rediscovering pension funds? Younger people financing retirement of older people.

Re: Bitcoin has made a new all-time high price

#313

Post by karmakurtisaani »

Geee wrote: post #288
crazygringo wrote: post #273

Earlier quoted context omitted.

> There are no news... I just said that the historical price information should contain all the relevant information about the asset. No, the news is changes in supply and demand, and the factors behind those changes, and how we expect those to change in the future. Those determine the current and future prices. And those are not contained in historical price data. Historical price data is irrelevant to those. Good l…

That's information about the market, not about the asset. Good luck to you too.

The market defines the price, not the asset..

Re: Bitcoin has made a new all-time high price

#314

Post by weird-eye-issue »

kragen wrote: post #143
weird-eye-issue wrote: post #129

Earlier quoted context omitted.

Have you considered simply changing the currency on the page? Not sure why you have to make an entire comment about this when there's a dropdown right there

Because it's not a useful link. You might as well link to a Google search for "bitcoin price". A much better link would be something like https://www.coindesk.com/markets/2024/11/06/first-mover-amer... , "BTC Hit All-Time High as Trump Closed In on Victory": > Bitcoin surpassed $75,000 during the early European morning as Donald Trump closed in on a return to the White House. The more pro-crypto candidate had claimed…

It is in USD. Not sure what's wrong with your computer... and you

Re: Bitcoin has made a new all-time high price

#315

Post by Geee »

karmakurtisaani wrote: post #313
Geee wrote: post #288

Earlier quoted context omitted.

That's information about the market, not about the asset. Good luck to you too.

The market defines the price, not the asset..

There's information about the market, like interest rates and whatever is happening in politics and how the economy is doing. Then there is information about assets, which might change or not change. Gold and bitcoin react to information about the market, because these assets don't really change.

Re: Bitcoin has made a new all-time high price

#316

Post by kragen »

weird-eye-issue wrote: post #314
kragen wrote: post #143

Earlier quoted context omitted.

Because it's not a useful link. You might as well link to a Google search for "bitcoin price". A much better link would be something like https://www.coindesk.com/markets/2024/11/06/first-mover-amer... , "BTC Hit All-Time High as Trump Closed In on Victory": > Bitcoin surpassed $75,000 during the early European morning as Donald Trump closed in on a return to the White House. The more pro-crypto candidate had claimed…

It is in USD. Not sure what's wrong with your computer... and you

What's wrong with my computer is that it's in Argentina. Coinbase serves up different pages to different people, depending on where they are in the world. That's what makes this a bad link to use. What's wrong with me is just that I'm not you, I guess.

Re: Bitcoin has made a new all-time high price

#317

Post by weird-eye-issue »

kragen wrote: post #316
weird-eye-issue wrote: post #314

Earlier quoted context omitted.

It is in USD. Not sure what's wrong with your computer... and you

What's wrong with my computer is that it's in Argentina. Coinbase serves up different pages to different people, depending on where they are in the world. That's what makes this a bad link to use. What's wrong with me is just that I'm not you, I guess.

So you're complaining that they correctly put it in your local currency? I hope you realize that would be the correct thing to do for almost 100% of the population. Don't be upset just because you don't personally want to use your own country's currency and you are literally too lazy to click a dropdown and choose a different currency.

Do you care to explain why you felt the need to write a stupid comment instead of just using the dropdown? I would love to know.

You are the same type of person that would be complaining if they put it in USD for the entire world. You would still find a way to complain.

Re: Bitcoin has made a new all-time high price

#318

Post by kragen »

weird-eye-issue wrote: post #317
kragen wrote: post #316

Earlier quoted context omitted.

What's wrong with my computer is that it's in Argentina. Coinbase serves up different pages to different people, depending on where they are in the world. That's what makes this a bad link to use. What's wrong with me is just that I'm not you, I guess.

So you're complaining that they correctly put it in your local currency? I hope you realize that would be the correct thing to do for almost 100% of the population. Don't be upset just because you don't personally want to use your own country's currency and you are literally too lazy to click a dropdown and choose a different currency. Do you care to explain why you felt the need to write a stupid comment instead of…

No. Reread above. And don't post personal attacks.

Re: Bitcoin has made a new all-time high price

#319

Post by weird-eye-issue »

kragen wrote: post #318
weird-eye-issue wrote: post #317

Earlier quoted context omitted.

So you're complaining that they correctly put it in your local currency? I hope you realize that would be the correct thing to do for almost 100% of the population. Don't be upset just because you don't personally want to use your own country's currency and you are literally too lazy to click a dropdown and choose a different currency. Do you care to explain why you felt the need to write a stupid comment instead of…

No. Reread above. And don't post personal attacks.

I never posted a personal attack.

Re: Bitcoin has made a new all-time high price

#320

Post by airstrike »

olalonde wrote: post #307
airstrike wrote: post #92

Earlier quoted context omitted.

Nominal price and value are not the same thing

For an asset with no intrinsic value, it is. Just like the nominal price of USD and its value are the same thing.

That's because you express both the price and the value of USD in USD

That isn't the same as the price of BTC in USD

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