The bad thing about this seer's prediction (I mean the OP) is that when it does not come true he will not come to acknowledge his mistake. Let's remember how many times Bitcoin has died already: Bitcoin Obituaries. Bitcoin has died 405 times.Nor is there any great reasoning behind his prediction, so I won't waste any more time. |
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What amazes me is how some people get demoralized by a little bump in the road.
As I commented yesterday, in the end nothing happened, and the Bitcoin price is slowly recovering. I guess all these people who are demoralized by a small dip would have died of a heart attack in the early years of Bitcoin, when daily volatility was even higher. If you believe in Bitcoin for the long term, just HODL. |
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An unconfirmed report from the US Treasury Department that several financial institutions laundered money with cryptocurrencies caused prices to fall in the cryptocurrencies market. According to U.Today, bitcoins hit $ 51,000, and altcoins suffered even more severe losses. The title that apparently caused the crash was posted by a mysterious Twitter account called FXHedge. The tweet cut $288 billion in cryptocurrencies market volume within 54 minutes of publication. At the time of writing, the tweet has received more than 4,700 likes, despite citing an anonymous source and disabling comments. Jake Chervinsky, general counsel at Compound Finance, wrote that he does not consider the tweet valid because the money laundering cases are under the jurisdiction of the US Department of Justice. He added that the simultaneous accusation of several financial institutions was "unusual". * It should be noted that FXHedge has a history of false claims before. Source: https://u.today/this-tweet-just-erased-288-billion-from-crypto-market-cap?ampThe tweet: https://twitter.com/Fxhedgers/status/1383611847144730626So this is the reason of the unexplained Fall yesterday? This is how the market do now being stupid believer of social media posts. I hate to see desperate market like this and How long will be the faker may succeed in their target of bringing the market Ups or down? Not just that. Also China’s Xinjiang Blackout and Bitcoin Hashrate Correction.Someone mentioned a third possible reason, but I don't remember now which one. In any case, it doesn't seem to have lasted long FUD. Edit: I've remember now, over-levereged longs blowing up. People who use too much debt an get liquidated when there is a small dip. |
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I don't know how there are so many people in this thread who resent the comparison to gold. Saylor himself says that Bitcoin is gold 2.0. Bitcoin is to gold what email is to mail.
What it does seem is that he says it in a slightly derogatory way, but you have to think that he doesn't need the Bitcon to get rich, and that he is at the end of his life already.
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when christianity began calling being gay a sin was because of the HIV epidemic with the romans who were bisexual
so christianity adopted some rules as a disease prevention methodhiv
I took you off the ignore list because I knew I was going to laugh. Did you read that in a book after taking LSD? Until now the scientific literature gave at most its origin in 1920. Regarding the gay community, I neither think nor don't think. I am horrified that they are killed because of their sexual choice. I am in favor of an open society in which that kind of sexual choice does not shock anyone. |
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I think we have reason to believe that this time it may be different. The Bitcoin price does not follow a deterministic pattern. The fact that institutions are buying makes us think that this time it may be different, with a less pronounced bear market that lasts less time.
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Has this moron moved the thread into meta section? I think it is unlikely that the moderators have moved it here.
I've got him on ignore and I don't have many people, just like 4.
The fact that he is asking for a loan when he says he doesn't even have enough to eat is ridiculous. The logical thing to do would be to ask for a job. Apart from the fact of wanting to give pity which is a very common resource as far as I can see.
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Also amazing how many people who were over-levereged got liquidated. People get too greedy and as a result they shoot themselves in the foot. Those of us with don't use debt who own Bitcoin can ride this wave with no trouble.
I've got nothing against using some debt but using a high amount of leverage is definitely too risky.
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This is the second similar story I see today. The other one I've seen is this: need help, I lost my coin in 2010It might just be a coincidence but better keep an eye just in case. OP, as I said to the other guy, I think you'd better move forward and thing how to make money and buy or earn crypto nowadays. |
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What amazes me is how some people get demoralized by a little bump in the road. I mean, Bitcoin is having incredible returns and because it goes down a little bit people are already thinking that the world is going to end. I guess that's how weak hands think and end up doing the opposite of what they should: buy high and sell low. Let's not lose perspective, please:  |
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I don't know if the story is true or not, because as I usually say I don't believe everything I read in forums but trying to recover some coins from 2010 when the fellow barely remembers anything seems to me mission impossible.
OP, try to move forward and in any case try to earn some coins nowadays.
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Lol, a newbie predicting that we are in a bear market, Last January and February we saw bitcoin lost 23%-26%, so even if we go to 30%, which I don't see happening, could really be just a dip.
As you have said this crypto is unpredictable and yet you are saying that we are in a bear market. You totally contradict yourself.
Lol, he doesn't even know what a bear market means. According to Investopedia: "A bear market is when a market experiences prolonged price declines." If we keep like this for a while we can start saying that we are in a bear market but not now. |
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Yeah, because dosing up millions of people, under duress, with an experimental gene therapy, then removing it from the market with millions more vials on the shelf, really fosters public confidence.
Occam's Razor suggests that they discontinued the DNA experiments because they are bad doo-doo...with much worse on the way. Observation supports that hypothesis.
Although I agree with what you say about Occam's razor, it seems to me that you are wrong about what you say about DNA (which would be more precisely RNA). They have not discontinued experiments with RNA, since Pfizer and Moderna vaccines also carry it. |
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If the miners are not selling it would have to be seen who has sold on this dip. I guess they have been all weak hands, mostly retail investors, and also today is Sunday so you can move the price with less volume. In any case, I remain confident in the appreciation potential of Bitcoin in the short, medium and long term.
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I can authoritatively say that Bitcoin is on its way to becoming the Google of cryptocurrency, and shortly bitcoin will surpass Google in market capitalization.
What is your opinion about this?
I agree with what you say but not so much agree with the adjective you use, I guess it's a way of saying you are sure. If you look: https://companiesmarketcap.com/assets-by-market-cap/You will see that before Google the Bitcoin has to supass silver, after Google to Amazon, etc. I am more interested about when it surpasses gold, which will make Bitcoin the undisputed No. 1 asset. |
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is the really possible what looks like a dream - $ 1 million for bitcoin this cycle? We all know the factors and events around BTC lately. In addition Raoul Pal said in an intervew Bitcoin can hit that target price. only 15x and we are there.
Within this cycle? I doubt that. You are taking about 15x from the current price levels but bitcoin is known for leaping 10x from previous ATH and from any price level we notice/talk about. Probably by 2025 cycle, we could get into more than one million dollar levels if we will be finishing up this current cycle for more than 100k price levels. Yeah, what is going to be the final ATH of this cycle will be playing a vital role on deciding how qucikly we are going to experience one million dollar level for one bitcoins. Personally I'm expecting this cycle will be having ATH above $380k levels and from that, there will not be any problem to test $1M levels after 4th halving. Yes, I assume you rely on, or have heard, the supercycle theory, which predicts that $1M cap for this cycle. I hope you are correct but it seems overblown to me too. I think we will pass $100k for sure, then where the cap will be I don't know but I would say between $150k and $300k. |
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looks like that, and I hope so too. however, the current price is very close to the $ 50k mark, and I think if the dump happens again, bitcoin prices could be below that. however, no one knows about the price changes in the crypto world. even the price of Doge is currently beyond people's predictions. Well, I think it's still possible to see a bitcoin price below $ 50k, but I didn't expect it.
Well, clearly this is the speculation section and as such, all sorts of lucubrations fit. It seems early to say that we would not go below $50k when we have been close because the weak hands have become irrationally scared. In any case it looks like it has bounced and there is no more danger at the moment. |
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Hopefully, Epoch talk will have it. I will go for LoyceV's creation in this case. Thanks for the feedbacks and suggestions ya'll.
Yeah, it would be helpful, though I believe it was one of the features being worked on for the new forum software.
Any idea when the new software will be implemented? I don't go almost for that section but I see that the threads there started 7 years ago. It's not that I'm too expectant about the new software either as some things could be improved, like what is talked about in this thread, but I've seen software changes in other forums that I didn't like. |
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Corona Virus only kills the elderly & people with pre existing health conditions. You don’t need to pray to anybody, you just need a moderately good immune system. The world has been in mass hysteria over what is essentially a bad flu.
Don't say it too loud, if some people hear you in the Politics section they will tell you that you are a fascist who with your careless behavior kills old people. Nobody knows the solution now.We must pray to Almighty to get rid of it.
Your prayers to the Lord may work for what happens in the afterlife, but it has long been clear that in this world prayers to Gods achieve nothing. Moreover, what you say is characteristic of primitive societies, to think that behind natural phenomena there is a deity that causes them. For example, to think that if there is a drought it is because a certain God is angry and then what we have to do is to pray or make sacrifices to that God so that the drought will pass. With science it has been clear for a long time that behind natural phenomena there is no God controlling them at will. |
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Yeah, the wrong part was not really about the fee but about it being p2p, it was more like a Paypal transaction than a decentralized p2p payment.
Even if it's between two different wallets and it is a real blockchain transaction as long as there is a payment gateway between like coinbase or bitpay it shouldn't be counted as p2p.
But, sincerely, I think that at least in the near future those types of transactions would far outweigh real on-chain ones, just looking at the fees it makes them really impracticable, I don't know how much those vitamins cost as I know their price can range from a few $ to a few hundred but still a 5-10$ is a bit of turn-off. Eh, in the end at least it did involve bitcoin, every day I feel like there are just so few people using it to sell and buy stuff.
That's what I thought when I read the thread. Let's see if he had paid $15 in fees to buy $50 worth of vitamins. I'm not exactly thrilled with the OP's story either. At the moment Bitcoin is succeeding as a store of value and we will see if in the future it becomes a means of payment, either by LN or by this type of transactions. But if the Bitcoin is the best store of value in the world, which does not stop appreciating, giving the best returns, the most sensible thing to do is to keep it and not spend it. Spend worthless fiat instead. I am not criticizing the OP for this, I too have made small transactions as the price of Bitcoin has been rising, but I am referring to the fact that I see it difficult for it to become a means of payment if it is such a good store of value, at least in the near future. |
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