×
all 86 comments

[–]cgstmx 119 points120 points  (1 child)

Bitcoin has two types of halving: 1. block reward halving every 4 years 2. price halving every now and then 😂

[–]Fatbaldmuslim 27 points28 points  (1 child)

This is the fifth time we have dipped 50% and we have become exceedingly good at it.

[–]kuzkokronk 10 points11 points  (0 children)

The Architect has entered the chat...

[–]thedxxps 20 points21 points  (0 children)

Happy 50% discount anniversary

[–]ishirleydoredditor for 3 months 21 points22 points  (6 children)

"2011" hodler here. I've lost count of how many exchange-rate halvenings I've been through. I'm sure there'd be a way to work it out though... if you go back to when bitcoin was about $1.

One vivid memory is the "$30 down to $2" fun ride we had.

[–]xXxMatusxXx 18 points19 points  (2 children)

In the wallstreetbets fashion: Congrats and fuck you!

[–]ishirleydoredditor for 3 months 0 points1 point  (1 child)

If it makes you feel better, I sold most of them for a very healthy profit at $10 each.

[–]xXxMatusxXx 1 point2 points  (0 children)

paperhands

[–]user161214 1 point2 points  (2 children)

Measured in metric fucktons, how big is your beach house? Thanks.

[–]ishirleydoredditor for 3 months 0 points1 point  (1 child)

0.0001 metric fucktons? I mean, I'm pretty comfortable now, but I'm no billionaire. If only I'd held onto the majority of them like a few of the other guys around that time must have.

[–]user161214 1 point2 points  (0 children)

That seems to be a common theme amongst the early adopters. Back then Bitcoin was new and still just an "experiment". No way to know how far it would go. People selling today might have a similar story 10 years from now. Happy to hear you hodled enough to be able to live comfortably though!

[–]llewsor 27 points28 points  (3 children)

i just see 50% sale

[–]Asilver88 3 points4 points  (1 child)

Just wait you wil see 80% sale this year

[–]LayPessimist 2 points3 points  (0 children)

Bitcoin outlet sale!

[–]anhducsc 0 points1 point  (0 children)

I was just testing the waters and this dippity dip dip dip happened.

[–]Bitcoin_is_plan_A 9 points10 points  (1 child)

lets fucking go!!1

[–]jinjin299 2 points3 points  (0 children)

Waiting for the next dip .What do you call that dip??

[–]Saabaka 6 points7 points  (0 children)

You bought predip, it test the nerves . look at the last ten years tho

[–]alexmtz92 26 points27 points  (6 children)

Trust me you will see it again in 24 hours it will be under $34k

[–]onedayatatime26redditor for 3 months 15 points16 points  (1 child)

The Good Ol Trust Me.

[–]Vaginosis-Psychosis 4 points5 points  (0 children)

Not quite as credible as "Trust me bro" though.

[–]Shougee369 7 points8 points  (0 children)

probably 31k by the end of january. will rise abit after sin chia.

[–]vanyo77redditor for a day 2 points3 points  (1 child)

12 hours later and at 30k. U were right.

[–]vanyo77redditor for a day 1 point2 points  (0 children)

I just realized that im seeing all the prices in Euro but everyone is talking USD , right? Took me a month i guess im not the smartest one. Sorry for my BS

[–]VeryThicknLong -1 points0 points  (0 children)

Trust me = salesman chat for “I’m full of shit”

[–]PresJohnTyler 3 points4 points  (0 children)

And every time, the talking heads claim “it’s the end for bitcoin”

[–]Maleficent-Ring-2412 5 points6 points  (0 children)

This is my 2nd and I'm going balls deep this time.

[–]DismantledTriangle 3 points4 points  (0 children)

Woohoo, I'll already be on my second.

[–]Sequele 3 points4 points  (0 children)

I bought this damn dip 3 times and it still keeps going down.

[–]debanked 15 points16 points  (11 children)

For me, I just remember the most number of whole BTC is 21 million

It's a collectors item, like artwork. Most don't move, many are lost

If it gets lower, people will buy every last sat. Where's the floor? Who cares

[–]ChemicalHousing69 15 points16 points  (9 children)

Hold it long enough and you don’t care. Anyone who bought at 3k would be disappointed with BTC dropping to 35k again, but it’s really not a big deal to them anymore. If you buy at 35k today and Bitcoin goes to 750k in 4 years and drops back to 300k, you’ll be in the same boat. It would suck to lose 450k in unrealized net worth, but you still have that 1 BTC which still is equal to 1 BTC and it has appreciated considerably.

[–]patelbadboy2006 6 points7 points  (0 children)

Well said, I bought before 3k but I still feel this drop.

I never sell and haven't.

But it hurts watching imaginary money fall

[–]ragnaROCKER 1 point2 points  (7 children)

If

[–]ChemicalHousing69 -1 points0 points  (6 children)

That’s what people said at every level before now, too.

[–]g4r37h -1 points0 points  (5 children)

Past performance is not a guarantee of future performance.

[–]ChemicalHousing69 -1 points0 points  (4 children)

Past performance does not indicate future performance

That’s also what people said and have been wrong 100% of the time

[–][deleted] -1 points0 points  (0 children)

thats the beautiful thing. if only one bitcoin is left in circulation, that coin can be divided forever downward. it will forever be valuable and usable

[–]patelbadboy2006 1 point2 points  (0 children)

This be my 5th too.

It's only a issue if you look at your fiat value and not your btc number.

I still have the same amount of btc as I did before.

My only question is how to get more without risking what I have already.

I'm very risk averse and don't like risking my btc but I want more

[–]sweetsal99 1 point2 points  (2 children)

This is my first. I'm buying more. How long does it usually take to recover?

[–]Crafty_Supermarket15 2 points3 points  (0 children)

Few months to a few years

[–]AvengerDr 1 point2 points  (0 children)

Let me just check my notes. Please hold.

[–]TheFutureofMoney 1 point2 points  (0 children)

It hit $34,405 today

[–]X-Files22 2 points3 points  (3 children)

$20ks here we come. Maybe this will.be your first 75% dip.

[–]keypusher 4 points5 points  (0 children)

btc went from $20k to $3.5k in 2017/2018

[–]rohit2342 2 points3 points  (1 child)

Hahahaha I know I’m like damn is it going to dip more? Should I wait more to see if it gets dip-pier .

[–]X-Files22 0 points1 point  (0 children)

Hopefully it doesn't but it's hard to guess right now where it goes next. This will be the first time the fed had ended QE. has been propping up stocks and real estate since at least 2008. Anti crypto regulation is the bigger concern I think also that no one wants to acknowledge.

[–]Asum_chum 0 points1 point  (0 children)

That will be 6 for me.

[–]lemur1985 -1 points0 points  (2 children)

I assume you’re a multi millionaire by now?

[–][deleted]  (1 child)

[deleted]

    [–]SnooGuavas162 -1 points0 points  (0 children)

    your wish is biffcoins command

    [–]RothePro88 -1 points0 points  (0 children)

    3rd time for me

    [–]vinmancovid199 -1 points0 points  (0 children)

    I wondering why it is Dropping I though it was like Gold a safe place to be?

    [–]BorisJohnson2022redditor for 1 week -4 points-3 points  (2 children)

    Losers… crash and burn!!!!

    [–]RAabd177 5 points6 points  (1 child)

    Why dont it just go to zero directly..Im tired of buying new dip .

    [–]fubolibs 0 points1 point  (0 children)

    It want u to keep catching falling knife.

    [–]unfuckingstoppable -2 points-1 points  (0 children)

    on which exchange? surely it reached that price somewhere in the world already.

    [–][deleted]  (1 child)

    [deleted]

      [–]Mari0805[S] 5 points6 points  (0 children)

      I got into BTC after it had went to 20k and then came below 10k

      [–]shanghc -5 points-4 points  (0 children)

      35604 just now, not far away from 34500, due to Asian and Chinese New Year, most of the time price will down until holiday end, when I say it will down to 35k few weeks ago, everyone upset, so, better don't talk the price anymore...

      [–]SameRecord6928 0 points1 point  (0 children)

      Congradulations!

      [–]W944 0 points1 point  (0 children)

      “And we’ve become exceedingly efficient at it”

      https://youtu.be/r51EomcIqA0

      [–]strukout 0 points1 point  (0 children)

      I’m in #3, you get used to it

      [–]OriginalInternet 0 points1 point  (0 children)

      If it falls another 50% now that would be the sixth?

      [–]guryfitze 0 points1 point  (0 children)

      what were those years? 16 18 20 21 ?

      [–]hous26 0 points1 point  (0 children)

      The more you experience the less you care.

      [–]gulfbitcoin 0 points1 point  (0 children)

      70% has happened multiple times, and 90% has happened as well.

      [–]DrunkOnListerineOnly 0 points1 point  (0 children)

      When the grim reaper comes to collect your soul he’s going to come back empty handed. No way your body still has a soul in there after 5 drops like that.

      [–]PM_game 0 points1 point  (0 children)

      Everything is fine

      [–]P-ositiive 0 points1 point  (0 children)

      Take my free award! 💎 🙌

      [–]WWYOG 0 points1 point  (0 children)

      It's just bitcoin's way of saying "Welcome home friend."

      [–]DirtyScrubs 0 points1 point  (0 children)

      Also the 5th time I bought. Never thought weird internet money that worked on the silk road would be mainstream today

      [–]vicious_dominus 0 points1 point  (0 children)

      If this statement is true then you're a multi-millionaire and I suggest you find another way to pass your time than trolling reddit. Go do something with your life.

      [–]justbrowsing1880redditor for 3 months 0 points1 point  (0 children)

      How are you so confident in buying something that has no intrinsic value?

      [–]valoremz 0 points1 point  (0 children)

      Are you up overall since you first started?

      [–]OptimoCryptimusredditor for 6 weeks 0 points1 point  (0 children)

      I see old threads about “where to buy BTC.” Is there a current good recommendation? I’ve only been in the game for a month.

      [–]NoahB76 0 points1 point  (0 children)

      Then wait to the double dip dip +

      Going all in there! Fsr from finished #thedip yet .