Hope that this will be documentary film more or less
There will be some action and suspense to make it interesting for people who don't know what it's about and decide to see it because it's a new release. Makes me wonder if they'll show that agents who caught him were dirty. Not many filmmakers show things as they are and rather prefer to add their own biased views.
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If we consider the factor of institutional investors coming in the market, I think the rise in prices will be for long term. Most of these financial companies are in the realm of investing firms so they will definitely go for long term but it could be a temporary rise since they can bail out what they are hodling back into the market and get their profits but if that were to happen, they will definitely go back and buy back bitcoin to invest again and smart individual investors are going to be grabbing that opportunity to buy bitcoin at a bargain price.
It depends on the rise. If we're talking 20k, that's most likely a set low support that we won't break, even in the coming bear market. 40k? I'm thinking it should be a stable middle ground. We can go below it for a while but it will act a bit like 10k in the last cycle. Anything above 40k is most likely up for correction sooner or later, unless we don't get a FOMO rally at all this cycle and slowly stabilize.
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Usually the faster it goes the more vulnerable to hard corrections it becomes. Another important factor is the type of investors. If something becomes adopted and used, or companies (like Tesla) are buying, the rise is sustainable. When investors are normal poor people who want to make a quick buck, just because they saw they neighbor do it, the rise will turn into an unsustainable FOMO rally. 2013 was all FOMO and wash trading from Gox and China, that's why it corrected so hard. 2017 had less of it, 2020 much less than the last 2.
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I don't believe we're up for a hard correction like the one in 2018. Why is that? Because we're moving much slower this time. It took us maybe 20 days to go from 10k to 20k and correct back to 10k. Now from the last ATH we're already 2 months in and counting. There hasn't been a single huge spike up, but instead we're going up by 5k, correcting and continuing up a week later. I believe we're going to need a strong FOMO rally to experience a 50% correction this time.
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I don't believe the bull run is fake. If it's your first bull market you may be amazed or uncertain, but this is exactly what you see, an exponential rise, rising awareness and confidence that at some point is going to turn into FOMO. How will you recognize FOMO? By fast gains day by day. You'll wake up one day and Bitcoin will be 2k up, go to bed and wake up to see another 3k up, you'll sell, and another day it's going to be another 3k up, so you'll think it's a good time to wait it out because it has to be over soon, but the next day another 5k up, and then you'll buy back in just to be able to wake up the next day and see how much you've made. This is FOMO. We're not yet in the fomo stage.
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I believe. After one of my friends after 10 years of struggle with infertility (unsuccessful), they guessed an accidental pregnancy. And it happened, contrary to the forecasts of doctors and her own expectations.
Only one thing around you was predicted and you begun to believe? Isn't this a bit too fast? Statistically such things can happen from time to time if we take into account that people make predictions all the time and different rare phenomena occur all the time, so it's safe to assume that once in a while they'll make a good guess.
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Don't beat yourself up, you took profit and exited the market with profit. This is something less than 20% of traders manage to achieve. You said that it can't keep going up forever, but in reality it can. Forever does not mean the next 100 years, but for most of us, adults, forever is another 30 years. We won't live much longer than that and even if we will we'll be old farts like Warren, not able to have fun anymore. Take profit and have some fun while you're alive and still feel something.
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Oh yes, the famous wave theory. According to that theory and its supporters Bitcoin was supposed to correct to 1k USD in the bear market of 2018 -19. If TA was that simple, every single trader would make money on the market. They'd just have to find the indicator that BTC follows and stick with it. In other words, if Eliott waves would be the perfect indicator, you'd not see people do harmonics or anything else, just waves.
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This means they will never take my fiat and my bitcoins. I've never traded for USDt in my life and I won't ever do it. For me it's a worthless, manipulated and artificially inflated token with no real backing. Does that mean that once the dust settles those of us left with real money, not USDt, will be the richest? I like the way you think.
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Guys, read OP's posts in Russian accent and you'll have a good laugh. I don't even mean this thread but all of his posts. Guys its out of topic conversation No spam !
What is on topic? Praising your other account's predictions for accuracy? What is the point of this, if it even is a conversation?
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They probably know it's impossible for their illiterate government to execute the ban and therefore they are still trading. It's possible to enforce the ban on banks, but many will surely circumvent the ban and claim that they did not know where the money was being sent to. Banks don't have access to company paperwork, so if the owner of the account sends money to another account of a company called digital finance or something like that, the bank will not know what the target company is doing, if it's a crypto exchange or a fiat payment processor. For this reason it's impossible for the government to hold banks responsible for processing payments to exchanges. The only way for this to work is if financial agencies track down every single business and ask banks to stop all transactions to and from these companies, but it will take time and money and exchanges will surely begin to change names or register outside the country...
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I like Elon. He's smart and likes to tweet things with ambiguous meaning and people love it because they feel smarter when they find they knew what he really meant and did what he wanted. It's like this kind of unspoken gratitude from the author. Had to snip that photo (I don't if it was way to obig when resized or what ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) ) cause he did look kind of creepy than he does now without hair. He was going to grow up to be a look-a-like to bezos if his tesla/space-x empire was a failure. Cause it does seem his hair-line did reverse recede some how with the amount of money he has made since being the CEO at paypal some 25 years ago. He could pass for a Seth McFarlaine because they look more similar to him now from what others were saying on a stream I was watching earlier about this clubhouse interview. Hey, if I had money, I'd probably look a lot better too. Better clothes, better styles, better eyes. Baldness maybe I can live with heh, but definitely would laser my bad eyesight away. I can see my own headline: Guy sells Bitcoin to get good eyes. Isn't that what they all do? Take a look at Christiano Ronaldo, Megan Fox, Kate Beckinsale, Tom Cruise, and many other celebrities. They were all looking pretty normal before they become rich and famous, and then teeth got straighter and whiter, haircuts got better, skin got more tanned...
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Her predictions can be interpreted in many ways, because a dragon taking over the world could be China, but I'm pretty sure that if we had a big fire or a meteor shower people would still say that she predicted it. Her probably the most known prediction is the two American brothers being killed by a bird, which was understood (after the fact) as WTC towers destroyed by a plane. I don't see any similarities between red money, a dragon, and Bitcoin.
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Torture wouldn't be necessary. There are better ways than just make him talk.
It would be too good to think police wouldn't go over to this computer and personal file to find some clue or back up there. They may even go beyond like check out his email. Computer forensics can definitely do miracles if for instance he once backedup his wallet. They won't let that $60M just pass by their hands and just quit, that's too easy for this fraudster.
It's going to completely depend on the person; obviously, we really don't know him personally and to what extent will he refuse to hand over access to the coins. Even if torture was allowed in the EU, there would be boundaries. For instance, they wouldn't be able to crush his fingers, pull his teeth, or drill holes in his body. Most people can survive mild torture like starvation, light deprivation and similar. I once saw a documentary about Russian prisons and the worst criminals are kept under light in a white, empty cell 24/7, so they can never sleep long and comfortably. 2 years for stealing millions? I'd also keep my mouth shut and count days until release.
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one way that bitcoin can crash to zero is if buyers stops buying and seller stop selling. this is very difficult thing to happen. one sure thing that will keep happening is the price going down to some certain ridiculous levels and then it keeps up again over time .
It doesn't work this way. If there's no trading on exchanges the price will flatline on the last traded level. If it were like you're saying, if suddenly people stopped trading real estate in your area, the house you paid a million dollars for would instantly go to 0. Trading can stop for many reasons. For instance, last year US stock exchanges were closed to stop people from selling and it did not make stocks go to 0. When trading resumed it begun and the level from before the shutdown.
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Im not sure that banks really think so. Sure, they will use blockchain technologies but not a bitcoin itself
Again this blockchain not bitcoin FUD. I see that mainstream media did a good job brainwashing some of you by repeating that phrase over and over. In a way it's also the work of institutions themselves who heard about blockchain tech and not knowing what it is decided to go public with a decision about conducting blockchain research or appointing someone a blockchain specialist. None of them know how to use blockchain without bitcoin. They only talk about it because it makes them look smart and allows them to explain additional expenses. The only coin they'll ever use is if they make their own centralized coin, like Libra and push it through all the commissions.
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I have only this for you today: Bitcoin $40,246.30 (7.08%)41k already ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) A better question would be: when a new ATH, when moon, when lambo? The charts are looking like we're about to explode this week into a new high. We'll probably stop somewhere between 50k and 60k.
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When supply reaches zero and demand is a positive number, Bitcoin’s price is infinite.
But supply cannot reach 0. First of all, it will take decades before we reach 21 million, so you don't have to worry about it running out. Maybe your children will face this problem if Bitcoin exists in their age. As long as there are buyers there will be sellers. For every price level there's a seller. They're here now at 30k and there will be some at 300k USD. If Bitcoin is not grounded in some physical reality, we have no way to price it.
How do you price abstract items like art? How do you price domains? There are always buyers willing to pay what they feel is right. What for you could be worth $100, for someone else will be priceless. I don't see a problem here.
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You think that if there are 5 mining pools it means bitcoin is centralized, but it's not. You could as well say that nuclear superpowers are controlling the wold because if you were to add together the power of China, Russia, the US and India, the rest of the world wouldn't be able to stop them, but that's exactly the point. They will never work together to take over the world, just as mining pools will not try to take over bitcoin and launch a 51% attack. You're talking from the perspective of the little guy who cannot control the world around him and therefore feels powerless and abused. Believe me, you are in control.
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I never recommend any custodial solutions, be it exchanges or interest-earning wallets. That said, there can be more and less risky ways to hold your coins, even among custodial wallets. If you choose a small, less popular exchange, the risk is higher. Probably the least risky is using an exchange or any custodial solutions to perform fast transactions and withdrawing immediately.
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