Bitcoin Forum

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The conference will happen in a few hours and there might be massive dump or pump after the conference? What is your prediction?

Elon is a player who is hard to predict. But as Jack and Cathie are BTC supporters, I assume it is more likely to pump after the meeting.

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1. Polars: The new DeFi concept for the Prediction Market (https://polars.io/)
2. Polkamarkets: Autonomous Prediction Market Protocol Powered by DeFi, built on Polkadot via Moonbeam Network (https://www.polkamarkets.com/)
3. X Predict: A decentralized cross-chain prediction platform (https://x-predict.com/)

Feel free to share other DeFi Prediction products you know

Focusing about the topic with these personalities, it's easy to predict Elon. He knows what he's talking and we all know it too. He's up for his best Dogecoin investment at all times having the back up of Mark Cuban on his shoulder discussing how good it is as an investment while backlashing bitcoin. Maybe there's going to be a new discussion that be made on that topic and Jack will give him the best insights about bitcoin and why he should be stopping talking negatively about it.

Dogecoin lovers must be holding finger above sell/buy button right now, because every time Elon Musk speak publicly about cryptocurrency, he touches dogecoin topic and dogecoin lovers like to make a mountain out of a molehill every time Elon Musk mention any animal.

I've read that Jack Dorsey want to start a new business, where cryptocurrency is going to be involved. Lets see what he would come up with. I think it will be something with NFT for twitter.

BTC back to 31,500 for now.

I think that the conference will give birth to something that will make a stir in the market. Of course, I mean more to the Doge. Because, as far as I know, Elon Musk is someone who always puts the Doge first. Moreover, two more people (Jack and Cathie) as you said are Bitcoin supporters.

Glad to see that and im watching some news sites and there is a bunch of good news related to the bitcoin to be adopted by more and more people. The regulators will be trying to consider bitcoin in the future.
There will be a massive adoption will be happening with bitcoin. Im sure this will happen in the future.
Bitcoin was able to going back again above 31500 and this is a very very good signal

I understand their popularity and the influence of Elon, but I don't think that's enough to bring the market up again because the chart didn't lie and we are still on a bear trend so technically even if those good news comes up the price will still not move the way it used to be on the last bull. The hype of Elon is too risky and I hope many learned their lesson and we should already know when to buy and sell after this news, maybe after this discussion Elon will take cryptocurrency seriously now, hopefully.

This is not a new thing. The purpose of this thread to create a discussion and the hidden marketing for the defi projects that already mentioned by OP. OP may think if the discussion was related to the BTC defi as we know that if jack dorsey has been announcing to develop the bitcoin defi. So many people were expecting the discussion was about the bitcoin defi but the fact it's not it.
People need to read more again

I think so too, they must be discussing how to increase the price of bitcoin and the possibility that in the future I think there will be some more interesting news about Bitcoin from the results of their meeting.
I'm sure after they talk about Bitcoin not long after that Bitcoin price will go up again.

ahead of this discussion crypto trading volumes are increasing. the price of ethereum rose back above 2k. and bitcoin also suffered the same impact. This proves that Elon Musk's discussion this time has had an impact on the crypto market. I look forward to the outcome of this discussion. I hope something positive will come out. if that happens the market will get fresh energy and there will be a recovery.

I feel Elon musk would use this opportunity to talk about dogecoin. He made bitcoin to find its way to bear and may continue his position about bitcoin. The market is reacting already, I think the sentiment is that a price turn around may happen since it began 3 months again when musk appeared on the night show.

I see the price of Bitcoin has strengthened in the last 24 hours, is this related to their ongoing discussion? Cryptocurrency discussion is the most interesting thing in the world today, hopefully it will have a positive impact.

Well Elon isn't really hard to predict, because we shouldn't care about the guy at all in the first place anyway. He does not have know what he is talking about and just because he is rich does not mean he knows everything. Just keep on the hodl of your Bitcoins and just stay out of Twitter for obvious reasons.

Yes it is still related to the result of the discussion. I have been reading the conclusion from the discussion and elon said that if he's feeling good to see the progress of the green movement by the bitcoin miners.
He was also giving a clue if bitcoin is so close to be accepted by tesla again and that means you may see tesla to accept bitcoin as a payment again.
I hope that we can see bitcoin to be accepted by tesla in the next year. The discussion was also mentioning so many things related to the bitcoin mining.
Just watch it on youtube dude.

The discussion proves to be positive and so the market is reacting positively, this could be the start of something good now for the market, it will go up steadily but I doubt there will be a huge pump because of this news.

https://www.newsweek.com/b-word-conference-live-elon-musk-jack-dorsey-talk-bitcoin-1611937


Musk still believes in Cryptocurrency but he did not mention that Bitcoin is the answer to this he could be looking at things in general.

I hope the discussion will be fruitful and create positivity in the crypto industry in general. And not just limited on the temporary pump and then followed by dump? because I believe that's not sustainable in any sense. by the way, Elon Musk and Jack Dorsey are both big names in a different arena But vocally supporting the crypto industry so their popularity can be used to further promote the crypto industry.

BTC up or down? I don't think that's important for now, But since the discussion was focused on Bitcoin maybe it can influence the market temporarily. so just watch and observe.

the market has not reacted, no movement to date. so I don't agree if you say the market is reacting positively. indeed the discussion was quite good, Elon still believes crypto can change the current monetary system. but he didn't say it out loud. From the start I predicted this would happen, because Elon's influence in the crypto space has faded so the impact of this discussion won't be too strong.

Not surprise that they talk positively about Bitcoin and cryptocurrency. Price of Bitcoin rallies to almost $33k and it is evidence from their power.

Bitcoin and top altcoins rally but I don't think shit altcoins can join the rallying party at the moment. They will need to see a real altcoin season to participate in when people will no longer be extremely fearful as now.

The Fear and Greed Index shows people are still extremely fearful even the index doubles from 10 to 21.
https://alternative.me/crypto/fear-and-greed-index/

the market is pretty good today. since the discussion started until now bitcoin seems to be trying to recover the price. and some of the big altcoins are also green. ethereum returns to 2k, and top-ranked altcoins are on the rise. although not very big, the impact of their discussions made the market better.

I believe so too. I didn't really see any one or especially Elon musk saying something much negative again about Bitcoin and he even further clarify that not only that he owns Bitcoin, spaceX too own some amount of Bitcoin and I believe it generally went well since the market is holding steady and even seeing some uptrend for some cryptocurrencies after that discussion.

So this time around it seems Elon Musk talked again very positive about crypto, he even said that Tesla will probably accept bitcoin as a payment again pretty soon. The price increase of yesterday probably was related to this conference, but it is also pretty obvious that statements from Elon Musk pro or against bitcoin don't have the same impact as they had a few months ago. That is just a logical thing to happen because the more often you do the same thing the lesser the effect this action has, it's just in the human nature to don't really care about thing that much that happen very often in the same way.
Regarding DeFi prediction projects you can also check out TotemFi. The price at the moment is really low so it is probably a good entry point.
You can stake your Totem Tokens and make predictions if they are right you will get additional Totem Tokens and BTC as rewards.

According to the head of the investment company Ark Invest, Kathy Wood, bitcoin will reach a price of more than $500,000 over the next five years, she said on CNBC during the salt conference. She also stated about the increased confidence in Ethereum after the transition from the PoW consensus algorithm to the PoS algorithm.