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Also since the current pump is dependent on Musk BTC is a bit dependent on TSLA stock.
Nah I don't think that bitcoin will be dependent from TSLA stock. Bitcoin is volatile and depends on ask/demand, even if that stock dropped a lot and traders continue to buy bitcoin then the price will continue rising. Now if they will drop that amount then a crash will definitely happens since there will be a huge number of bitcoin for sell comparing to a smaller number of buyers. Wonder estimate how much Tesla bought, January price was between $30k-$40k so ~$34k as median = BTC44k = 0.2% of the total bitcoin supply without counting the definitively lost amount! Yeah, he bought a "tiny bit" but the splash was huge since it was Musk. If no big players join him in bulk acquisitions soon and TSLA slides, his judgment might be called into question. Need to keep the momentum going. |
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Also since the current pump is dependent on Musk BTC is a bit dependent on TSLA stock.
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Apple might* buy bitcoin. Although it's quite likely.
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Just hit $ 48K. We're likely to see 50K today.
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Right now there are speculation Apple might have bought $billions of BTC.The pump isn't stopping... I thought it will be like Jan 29th Musk pump (that eventually ended and btc pretty much returned to its pervious level), but the pump just keeps going. We're at 48K now. Wow.
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Yes I feel like this is a weak pump after such news. First Musk pump lasted shortly. Let's hope this one will be better.
It's not doge for sh*ts and giggles. He's already seriously endorsed btc more than a week ago and said he regretted "not buying it earlier" which is a strong hint that he bought. And since he's loaded, he must have bought a lot. This time is a confirmation. He'll have to buy a way bigger chunk next time to pump it that much. Or he'll have to reveal a previously bought bunch  |
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Maybe not bitcoin but cryptocurrency tech in general?
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So after reading the news story on how police can't open seized BTC wallet with $60M in it I'm thinking what governments are to do about not being able to confiscate BTC. This a serious point of tension between any government and BTC since the govt has to have the right to seize property to protect property. I know many here rightfully don't like govt powers because of corruption but if someone steals BTC or steals something and sells it for BTC, it's imperative for a society to be able to restore the ownership of property. What do you think will be done about it? Am I missing something? Topic on the news story: https://bitcointalk.org/index.php?topic=5315171.0 |
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...boast...linking..., if that was true and I forever remain anonymous where is the boasting. If I come out and full disclosure of model and person and the model is not true where is my boasting. But if I come out and show it is true and who I am I can never go back into anonymity, and I currently put a great deal of value on that. But valid a critique, understandable.
Bro you can stay anonymous like Sahoshi  History textbooks will call you you "BTC-Predictive-Spike-High from bitcointalk.org". |
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It's not ATH yet but it's going there. I'm buying bit by bit each week.
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Firstly, the model exists, and I have given you the results for 2013 and 2017, they are true, however unbelievable, this is not made up. Secondly how many people know about the PLAN B prediction of 288K, and then will act on it. Surely the peak will be just under 288K with that logic, it is the most well known, its been published for almost 2 years and revised last year. Unless main stream media takes hold of it during the mania phase, as almost all people will forget about it having the attention span of a goldfish, it will not be relevant for the most but only a few. If as I have explained before the model predicts a price and therefore market cap number in the trillions of dollars, and say I can have an influence on say 10 Billion dollars (if I don't publish it but rather sell it to one whale) at the peak that is only enough to move the market a few $10's of dollars. For that person/whale/institution who does not want to hold their full bag during the next bear market, what is the fair value?
OK get as specific as you can on what you can disclose and when that happens you can boast everywhere linking people to this thread and sell your thing. |
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IMO the biggest thing that keeps people away is that BTC gets its value by consensus and isn't backed by anything. Esp. elder people, they just ask "why do I have to pay for this? what's the value?". And when you tell them how BTC works and why a decentralized thing can't be backed by anything they just lose you at some point.
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Well, most people know that mining BTC with ordinary computers does not make sense for at least 7 or more years in the past - so the question is how did he manage to mine even 1700 BTC in that way?
Volume maybe. Some time ago I was using a free anti virus from a big name company and often it just loaded the CPU to 99% for no reason for extended periods of time. Most likely it was some bug, but who knows? |
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Like all such models, it is worth absolutely nothing minus the value of the time it takes someone to realise that fact. Anyone interested in your model should ask you to pay them to examine your model, or else they're getting ripped off.  Yep, code review is a favor. |
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I bet it's lower than the amount Banks use
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Told myself yesterday I'm going to buy more if 40K is passed. Time to open the wallet...
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the last days have been good for BTC. feels like 40K is more likely than bigger correction. but that's just feels
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I watched bits of The Office on Youtube. Wouldn't commit time to re-watch it entirely now, but what a great show I binge watched a few years ago.
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So, has anyone tried "early bitcoin adopter" in their tinder bio?  |
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The majority of people who engage in this want quick easy money and end up losing. Hence the reputation of such communities.
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