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Good morning Bitcoinland and happy Xmas Eve. Only one more day to try to reach $25k by Xmas.
Instead we're spinning our wheels in the $23xxx range barely poking at $24k... currently $23276USD/$29867CAD (Bitcoinaverage).
At least they're calling for a white Xmas tomorrow here in Toronto. Maybe we'll get lucky with a nice $2k green candle as a Xmas present.
Go Bitcoin go.
___
P.S. Fuck Ripple.
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I am very happy to see XRP Ripple getting sued by the SEC and going to crap. It was basically a closed system owned by a few people used to milk money out of everyone.
I hope everyone sells off their XRP and the entire 10 billion goes down the slide into history. This will also set a precedent to any private businesses not to try and create a 'currency' which they own all of it as it starts off and try to sell it and milk money out of it.
I'm sure people like you will prefer DeFi projects over XRP, you know what? I will sacrifice every other DeFi projects for XRP, if XRP is what you said it is I wonder what keep the project alive for many years now, many new projects can't even deliver the half success that XRP have delivered in the past years, why the hate? Defi? Ripple? All crap. Pre-mined, corporate, centralized, unlimited supply garbage. Anyone gambling their money on that trash instead investing in real Bitcoin deserves their poverty. |
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The rally has barely begun.
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It was a correction, one of many.
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It seems what happened last 2017 when Bitcoin topped around $19,000 is happening again this time. Peaked in the month of December is starting to decline again. But this time is different, no abrupt dumps or pumps compare before. I can say this time is more healthy price action.
The total market cap still not showing any bearish sign. Observing the total crypto market cap may also a good idea and way to identify the bull/bear market. So far, so good for me.
What's happening now has absolutely no comparison to December 2017. It's comparable to what happened in December 2016 and January 2017. The price rose through the autumn until it broke the previous ATH then corrected for a while before the really big rally almost a year later. The bear market won't happen until late next year or early 2022. |
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It took us just a few posts to end up @ "But muh <fav-alt>".
Disclaimer. I too have a fav-alt, lol.
Not all altcoins are total corporate crap. How about the original altcoin, Litecoin? Decentralization, limited supply, peer-to-peer networking, proof of work, and total lack of any company or other organization, no pre-mining? Yep. No problem. It's still not Bitcoin though. Ethereum? Halfway there. It may not be totally corporate, but it is premined and unlimited and when it goes from POW to POS it becomes a complete POS. |
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Only 3 more pesky little JPY to boot out of the top 10.
All top 3. Go Bitcoin go.
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Actually i am loving this dump. This is the BEST case scenario. Ripple is the pin that slaughters the alts. A few alt projects will survive. ANY of them that look even a little like a security are gonna get killed.
Bitcoin basically holds. Dominance goes wild.
Edit.. Wow.. the more I look at this the more beautiful it is.
Ripple another coin not backed by mining gear. Did well right? Didn't want to double post. Bitcoin is Bitcoin. Altcoins are altcoins. Ripple is corporate crap. |
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That was a nice little dip down under $23k.
Too short-lived to jump on but good for someone who keeps coins on an exchange.
Hope someone caught it. Bob?
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Every day of sideways movement is a victory for me. Lets keep it going.  Still accumulating? Cool. Personally I'd like to see it go up. I might have to spend a few million satoshis to pay January's expenses. |
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$ 30k, $ 60k, and $ 350k here are the predictions of future bitcoin predictions,
for $ 30k it could happen, don't worry, but to say $ 60k will be hit by the end of 2021 that's not a good thing,
this will make fomo, and me will feel sorry if someone buys bitcoin at a high price.
Don't worry about people who buy at the top. All they have to do is wait a mere 4 years for the next halving. Those who paid almost a dollar in 2010, $30 in 2011, $266 in early 2013, $1100 in late 2013 and $19666 in 2017, are all doing just fine now. Those who pay $300k next year will be fine later in this decade. |
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$60k? That's ridiculously low.
It's might crash down to $60k after reaching $300k-$400k at the peak.
Look at what it did in 2010, 2011, twice in 2013 and again in 2017.
Increasing 20-fold in price and then crashing to about a sixth of that is a well-established pattern.
This rally has barely begun.
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Aldi has a policy in Germany of not advertising, apart from a weekly newsletter of special prices called "Aldi informs" that is distributed in stores and by direct mail and often printed in local newspapers. It claims this is a cost saving that can be passed on to consumers. In Germany, Aldi has never used an external advertising agency. Excellent. Advertising is evil, except as a guide to which products to boycott... all advertised products except when absolutely necessary. I'd rather my dollars go toward materials, workmanship, research and development... instead of propaganda. |
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Sideways? Barely one week. ___ Also, aren't we gonna save the 300 meme for when we hit $300k? What we really want to wait for is Vegeta at $900k. |
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Okay. Not son nor dad. More like older brother. Hide the Pain Chuck. |
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I can't believe that some people lump together Bitcoin with scamcoins like Ripple just because they use a blockchain.
Yes, Bitcoin may have initiated blockchain technology but it's not the important thing. Decentralization, limited supply, peer-to-peer networking, proof of work, and total lack of any company or other organization are far more important.
Ripple is a fail on all counts.
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Son? More like Dad. Chuck Norris was born in 1940... five years before any Boomer.
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Good morning Bitcoinland. Still bouncing up and down trying to get a solid run over $24k... currently $23566USD/$30300CAD (Bitcoinaverage). C'mon Bitcoin. Let's see $25k by Xmas. So, why would anyone need or want a Ledger if almost anything it does can be done on any computer? Perceived security because it's a "hardware wallet" that's small and convenient? Small 10 inch or 13 inch laptops can do the same thing and more. (it's the "more" part that opens up a larger attack surface.)
Any old phone can do the same thing, take it offline (no sim, no wifi) and its a hardware wallet. Connect to PC with USB or turn on wifi to have hot wallet. Why even bother with all that? Just keep your keys in the medium of your choice... paper, steel, leather, whatever... encrypted , duplicated, and stashed in multiple locations. No need for electronic contraptions. |
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LOL
A couple of days ago it was CAD that spoiled another jackpot.
Today CAD leads the pack.
Go figure.
____
Slowly pushing 2017 down. Top 6 JPY all 2020.
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