I dont think we'll see 100% gain in 6 months this time around, too much new money coming into bitcoin has been frightened off for good after the plunge from $20k to under $9k.
Where is the additional capital going to come from to drive the price from $9k to $18k within 6 months?
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Obviously your bitcoin will continue to drop to a price where people are willing to buy them again
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On the brighter side of things, we can grab some cheap BTC and we don't need those weak hands. Exactly. Great price to buy some more. Besides this dip was to be expected and it IS BECAUSE OF CHRISTMAS!!! Christmas is done, we are now going into Feb. A drop from $20k to $9k is not because people spent too much on presents!
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Oh well we can always go back to stashing fiat and watching our stash erode away through inflation and microscopic interest rates. Whatever you do have fun along the way. Or start putting your bitcoin profits into gold and silver like I have.
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electric cars is the best way to minimize pollution in our country and most of all in our mother earth. less noice and it can help to maintain clean atmosphere.
So if everyone went electric how many additional powers stations would be required? Would they be nuclear, coal? Electric vehicles cause the same pollution they just push it further up the energy production chain. Also is there enough lithium etc. produced for all the required battery packs? If the demand suddenly increases exponentially due to electric vehicles then electricity price will increase.
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That article is not well written at all with no counter argument other than "Please do not panic and just because you’re reading from an enough old and reputed media channel does not mean it is true." Their line does not even make sense. I think most people are in agreement that something is not sitting right with tether we just have to sit back and see how it plays out.
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Hard to produce up to $2.3 billion to back fill a gap overnight to satisfy an audit though.
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It may have been sent on Dec 6th but it hasnt been public knowledge until now.
Also the legal wheels turn slowly, the outcome doesn't happen overnight.
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Tether has yet to verify that it holds $2.3 billion in reserve Think they have the cash to back their claims
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The current price crash is due to Bitfinex being subpoena'd by US regulators over Tether.
Wait until they lift the lid on exchanges and start doing some audits, the shit is about to hit the fan.
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of course bitcoin has defeated the gold in the business market. The rate of generation rate of money of the bitcoin is high then gold in a specified time. The user of the bitcoin are so many time of the gold. Gold user are limited while bitcoin user are unlimited and growing day by day.
For me i think there is no comparision of both. Although gold stability will be better to compare real products you see in daily life but bitcoin is best stock in the world according to me because price value of it. We need to check the ounce of gold rare with bitcoin. It's value is more than a ounce of gold now. I suggest you to invest on btc to see the better profit than gold. Why is an oz of gold directly comparable to 1 bitcoin? Why not a grain, gram, oz, troy oz. tael, tola, kg or tonne?
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All these bitcoin moon tards really get on your tits after a while.
They buy a fraction of bitcoin and overnight become investment gurus with a crystal ball telling anyone that will listen to buy now or regret it.
When the price bombs we get the HODL buy the dip crowd circle jerking each other.
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I agree that bitcoin defeat gold.Because bitcoin now has great price and its increasing everyday while gold its increasing so slow and a tiny increase price not like bitcoin huge price increase.i think if you lucky bitcoin will increase 500$ in a week or day
So what about the people that purchased bitcoin at nearly $20k?
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Check out barterdex by SuperNET, decentralised utilising atomic swaps.
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Without reading the entire thread, I would guess most prefer BTC as it is decentralized.
Gold has been 'managed' by the big worldwide banks as it is a threat to the US Dollar and other currencies.
I speculate that the libertarians that have invested in Gold/Silver will be rolling out of their positions as the price rises. What to do with the proceeds? -> Cryptos...
Why do you think bitcoin is not manipulated? Considering Bitcoin marketcap is a tiny fraction of golds they could do it with pocket change + how can you say bitcoin is decentralized when 4% of users control 95% of Bitcoin. https://www.zerohedge.com/news/2017-09-19/cryptocurrency-concentration-just-4-own-over-95-bitcoin
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1 @ 0.03
I think you can't bid less that the person before you. That would make no sense Also newbie bids are not accepted as it states in the rules.
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For me its not necessary to buy bitcoingold because even all altcoins now is affected and goes down,and i thinks the reason of this is the korean bitcoiner panic selling all there bitcoin and altcoins asset due to the statement of government in south korea to totally ban bitcoin in there country while the finance prime minister also announce to ban also digital currency in there country.
The discussion is about the gold metal not the altcoin. But I suppose your not interested in the content of a thread just getting those posts written for the sig campaign.
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Just got some information/news that people are selling $100,000 in Bitcoins to buy gold. The money they are getting by selling Bitcoins is used to buy Gold
Gold is the safest investment. See the link
You advice makes me want to puke. This forum should have "ban immediately" button. Why, its a fact. The fact you don't like it doesn't make it ban worthy
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