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-   -   BTC up $5k in the last 24hrs (https://www.aspkin.com/forums/cryptocurrency/154591-btc-up-5k-last-24hrs.html)

phaz0rz 08-20-2026 12:58 PM

BTC up $5k in the last 24hrs
 
Has anyone here been faithful enough to stay invested in Bitcoin during the downturn over the past year or so? If so, today is probably a fun day for you.


https://i.postimg.cc/W3vQqWYX/sfghxfgjh.png


I still think BTC is cool but it's unfortunate how the tech has been turned into a tool for profit/financial manipulation. I was sitting on a little over a hundred dollars worth before today.

murdered_by_ebay 08-20-2026 01:21 PM

Re: BTC up $5k in the last 24hrs
 
it is a rally engineered for midterm elections , I would get out by late october and not wait much longer

the issue on crypto is speculative funding , money flows in and flows out without getting invested long term that is why the only broad market rise that is reliable is a fundamental one , election manipulation means it will go down soon as fundamentals in the economy are abysmal

phaz0rz 08-20-2026 02:12 PM

Re: BTC up $5k in the last 24hrs
 
It's the same with stock markets. Everything has been gamified so now everyone is gambling.. just with varying levels of sophistication.


As for crypto, the time to "get rich HODLing" is long gone. There's too much money involved now and it's been institutionalized.

murdered_by_ebay 08-20-2026 04:01 PM

Re: BTC up $5k in the last 24hrs
 
crypto is just more violent because stocks have a lot of long capital while crypto is more like high and low tide

ahmaed 08-20-2026 05:30 PM

Re: BTC up $5k in the last 24hrs
 
Gold will reach $5000

agent006140 08-20-2026 06:16 PM

Re: BTC up $5k in the last 24hrs
 
Quote:

Originally Posted by ahmaed (Post 1271008)
Gold will reach $5000

it could happen tomorrow or next week.
Any one of you who wants to sell gold,do not sell on EBay and pay FEES,I know a gold dealer who is registered to sell direct to US govt.
You tell him what you have (carat and weight),he will presell to US govt and then offer you a price.
You sent him the gold and he will deposit your check in your bank account or send you a check.
No FVF fee,no credit card fee and no INAD,INR disputes

phaz0rz 08-20-2026 07:28 PM

Re: BTC up $5k in the last 24hrs
 
I just got a postcard in the mail earlier this week from a metal dealer on the other side of the country that I bought from a few years ago. You know the market is doing well when they're able to afford bulk mailing cold customers from a database..

rsot 08-21-2026 09:55 AM

Re: BTC up $5k in the last 24hrs
 
I have money in BTC that is just speculation - longterm holding, not worried about needing it so here's hoping it jumps back up

james_112233 08-21-2026 01:57 PM

Re: BTC up $5k in the last 24hrs
 
Been in the game for a while now and thankfully it's worked out so i'm no longer fearful of any major dips, it's just another opportunity to buy if I have the means to do so at the time.

phaz0rz 08-21-2026 02:50 PM

Re: BTC up $5k in the last 24hrs
 
What were your entrance positions though? Have any of you actually made a decent profit just by having diamond hands and not selling?


Feels like even the guys who were originally super confident in crypto as an investment have long since abandoned the positions that could've made them rich.

agent006140 08-21-2026 09:14 PM

Re: BTC up $5k in the last 24hrs
 
wonder if it has any thing to do with our all out anti IRAN policy.
Like no one can do business with Iran

rsot 08-22-2026 11:24 AM

Re: BTC up $5k in the last 24hrs
 
Quote:

Originally Posted by phaz0rz (Post 1271033)
What were your entrance positions though? Have any of you actually made a decent profit just by having diamond hands and not selling?


Feels like even the guys who were originally super confident in crypto as an investment have long since abandoned the positions that could've made them rich.

The problem is that it's tough to pinpoint the ups and downs - I don't trade but that diamond hands aspect I appreciate - I am (thankfully for now) able to leave a chunk of change in the btc just letting it go wild - bought quite some time back so it's just a long hold...

agent006140 08-22-2026 01:46 PM

Re: BTC up $5k in the last 24hrs
 
Some early investors who are in their late 30s and early 40s have retired,went to SPAIN and raises horses or cultivate wineyard.

phaz0rz 08-22-2026 03:05 PM

Re: BTC up $5k in the last 24hrs
 
Quote:

Originally Posted by agent006140 (Post 1271038)
wonder if it has any thing to do with our all out anti IRAN policy.
Like no one can do business with Iran

I assumed it was more directly related to the South Korean stock market dipping

phaz0rz 08-22-2026 03:08 PM

Re: BTC up $5k in the last 24hrs
 
Quote:

Originally Posted by agent006140 (Post 1271056)
Some early investors who are in their late 30s and early 40s have retired,went to SPAIN and raises horses or cultivate wineyard.

Yeah.. that's what they say. :suspicious:


I asked futuremogul88 a few weeks ago if he's a millionaire yet because he made an accurate prediction about BTC going over $100k on this forum back before it had passed $20k for the first time. He never responded though :noidea:

agent006140 08-22-2026 03:32 PM

Re: BTC up $5k in the last 24hrs
 
The ones who retire young are the early early IPO investors.

phaz0rz 08-22-2026 03:46 PM

Re: BTC up $5k in the last 24hrs
 
What about the early ICO investors though? I've heard of one or two. Most people pull the trigger and sell when they see a 2-3x profit, rather than stay exposed to the risk.

agent006140 08-22-2026 07:04 PM

Re: BTC up $5k in the last 24hrs
 
some like Bill Gates does not remember where he put it,it was a gift .

phaz0rz 08-23-2026 08:59 AM

Re: BTC up $5k in the last 24hrs
 
Bill Gates, indeed. Touche.

rsot 08-23-2026 10:21 AM

Re: BTC up $5k in the last 24hrs
 
Whatever happened to the guy who threw out his hard drive with BTC and was trying to search a landfill...an agent question.

phaz0rz 08-23-2026 11:53 AM

Re: BTC up $5k in the last 24hrs
 
That guy should try to recover the BTC with his wallet's seed phrase because he'll never find the hard drive. I'm fairly certain that the recent coldcard hack has proven that even offline wallets can be drained if the seed phrase is known.

agent006140 08-23-2026 03:39 PM

Re: BTC up $5k in the last 24hrs
 
I dont know what happens,I know my boss once lost his contac lens in a swimming pool and ask the pool to be drained/
Someone was threatened in an NYC hotel for his Bitcoins.
I cant believe USPS shipping is so expensive now,just talked to my gold dealer,he said does not matter what form of gold it is,they will all be scrapped and turned into gold bars.
sugnature confirmation is $9.70??


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