BTC is meant to be a very volatile currency now, its still a baby currency.
This is true now, BTC is decreasing in value. At least more people will be able to afford it.
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It wont go lower than 200 For sure
Of course it will. It'll go as low as sub $30. Get your fiat ready for then.
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It is a Bill Gates, learning of Bitcoin.
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Funny to read when people said it cant go under $500.
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So when you suggest we buy BTC?
If the graph turns out to come true, best entry point would be next year at 200, but I would not rely on that. I hope this graph doesn't come true because with all the adoption going on, I can't imagine bitcoin would go lower than the multi year support line. As I said, I'm not a TA expert. I just bought another coin @300, just in case When next year? Which month?
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So $USD will go to the moon now?
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I bought cheap coins at $650. thank you all who sold me so cheap.
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he didn't just lose $400,000, assuming the calc is correct.
Occam's Razor indicates he also lost control of 30000 BTC. that's even more important. i don't buy the idea he bought his own wall. too much lost in fees when he could just've taken it down. and he could've backed it up for a higher price.
I think he lost control of ~15k BTC or so, with a good risk of not being able to buy them back < $300 So what's your best guess as to the cause of that wall? Me, I'm thinking a very early adopter who recently had a big life change, got married planning kids or something? Thought he'd like his new family to live in style. Maybe he was Bill Gates, that just discovered Bitcoins exist and buy some and then sell some. Not really care if made some tiny loss.
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here we go boys.
the final slide has begun.
china will sell till we hit 250 and a panic usa will bring us to 199 in the morning.
night.
Maybe will happen tomorrow night?
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Yes it's good to buy on the dips, but at 1000 700 seemed like a dip... a big one actually. And now we are at 390 or so. Also, when it comes to halving, DOGE halving did nothing, in fact it went down, so im not sure about halving being transaltedo n the price clearly as good.
Doge was at 25 satoshi and it went up over 100 satoshi knowing halving was imminent. Investors do not wait to the actual halving then invest, they invest beforehand. Yes sure things gets calculated in price in advance. If you are sure, that Bill Gates will buy our all BTC owners, then people just dump before that actually happen.
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What's the network effect of USD? Think any crypto can overcome that?
The network effect of USD is shrinking and slowly being replaced by bilateral currency agreement with China RMB. Not at all. Tons of people outside of the US are using the USD as a store of value because its relatively stable compared to whatever their country has. Yes even China, Brazil. India Russia and South Africa. But what wil happen when suddenly all of them dump it?
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Price of bitcoin is very unstable because there are many manipulator (early adopters) which can play with price of bitcoin in easy way. Anyway, I'm sure that in future if there will be some regulation from an authority we can stay relaxed Are you serious? Only way is that much more users start using BTC, and then one guys actions will not push price up or down.
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Enroll in a signature campaign which have a good rate Trade with altcoin (You have to some expperience) Mine, if you can spend a lot of money. those are good suggestions.
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"µBTC" is kind of unfriendly, as your common person just has no idea what that is.
Most computer/internet users have idea what mili and micro means. At least I hope Most that ever went to school does. At least i hope so.
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the real satoshi actually has a bitcoin kill switch, he made it so he could switch it off when he thinks bitcoin has failed.
So we will for sure know when he will wake up.
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Finally one happy ending story.
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The mainstream media which reports even small incidents bad about bitcoin is completely silent!
There is something going on
Bitcoin price is still much higher then was year ago. People wil have to start doing suicides, for media to notice.
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One microbit.
lol, this is best answer there can be.
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