Bitcoin was just featured on the BBC due to it going over 50K.
GF asked so how high will it go.
My answer: "$10 million by 2026"
GF: "No way, there's no way you can go from 50K to 10million"
Me: "Would you have believed it going to 50K when it was at 50cents in 2011?"
GF: "True"
I hope your GF doesn't know the real quantity of your stash... If not, keep it that way...
Fuck it. Snow outside, but I need a walk... $52k when I'm back. Indeed its 52 |
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You braindead, idiot scammers in this thread have NEVER once explained how the price of Bitcoin can go to $500k or even $50k while cost of production is $3-6k. Nobody would ever buy a coin for $500k when they can simply mine one for $3-6k instead. And mining CAN'T expand by an order of magnitude to drag cost of production up or it would use more power than the entire United States. The crypto pump and dump scam seriously is butting up against the limits of the natural world now but that sure doesn't stop you scammers from posting complete bullshit 24 hours a day.
BTCitcoin is now above $50k ... I almost miss the guy, btw actually where are all the trolls @ @the moment ? |
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Another ATH. $50,800.  You are so old with that data .......... |
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Yeah, we're poorrer again. God it sucks.
FTFY and indeed it s*cks donkeyc*ck |
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I'm not really sure if "taking profits" in fiat can really be considered correct phraseology any longer.
I don't think you guys are getting just how far gone the current fiat banking systems are. It's like saying taking profits in Zimbabwe dollars, or taking profits in Venezuelan bolivars, argentine pesos ... at some point it's nonsensical to talk about taking profits if you're buying a higher risk devaluing asset
It depends what you're buying. fiat or an investment (which your home is not) then probably not but if you're materially improving your life (even in trivial or ephemeral ways) then I think it's fair. How is a home not an investment? Is rent free where you are? Your home is only an investment if you plan to one day sell it (for more than you bought it); if you don't ever plan to leave, then it's not really an investment. Yes it is.... its an investment for a little piece of mind as an always last back up, diversification tool, a store of value likely to increase overtime, when you pass away its still a leftover for your kids etc you can see many ways why its good and I still and always will prefer it over renting a place.... Like in Belgium loans are cheap AF buy a house of X-price, pay a bit up front and loan the sh*t out of it.... renting is a lot of times more expensive ... and you get d*ck for it ... |
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next move up is setting up to be quite explosive again.
the bull flag upward pennant beneath 50k looks strong and if it's right about the exchanges getting cleaned out of corn .... well the only resolution to lack of corn is higher prices
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It's happening. Now.
Now it has to happen again   |
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Waiting for Helicopter $50k🚁!...
Indeed, was thinking the same come on VROOM.... Update please Also is there an update of the shooting smiley face, breaking price barriers ?? |
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 Bulls are looking everywhere BRO's, gotta go, good I was around when breaking this new milestone |
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 Found them |
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oh now they sell a lot!
SOON-ISH  |
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{...snip...}
I hope there is one last push over $50k. But I would not be surprised if we reached the top for this cycle.
Elwar, bro, what are you smoking? We’re still early in this bull cycle, I’d estimate that the price will treble from here. I certainly hope so. I did the sale years ago so as they say...don't let emotions play a role in your trades. It's certainly not a significant amount, but so many of the charts put us exactly where we are today years ago ($50-$60k range). Which is awesome because the charts looking into the next 4 years are pretty amazing. But we all know the other signs that we need to keep in mind...how many old friends that you haven't talked to in years are contacting you asking about some random shitcoin? How many people talking about $100k-$200k prices "soon". I do believe that in the next few years we will never need to sell again. We'll just be using our bitcoin. This is very interesting. Someone (prolly El Dude?) posted here some news about some prominent hodler and bitcoin believer selling at $48-49k. What is happening now? Old boys losing faith? Of course we risk a lot. I haven't sold anything since 2011. In case the price goes down now, I am screwed: I'm sentenced to another 4 years (at least) without Lambos, hookers & blow. Still I don't consider selling. Why? The cycle is not yet over. We barely touched all the previous blowoff tops and went down immediately which is not something we can witness at $50k mark. So we're probably waiting for a violent multi $10k pump followed by immediate heavy dump? I dunno but I have a gut feeling we (royal we of course) shouldn't sell now.  |
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