Actually I think this is the best thread on the forum, as it combines news, predictions, fun and even aspects of personal life.

I was reading it for a long time before commenting for the first time.  But, yes, if the price explodes, I think there may be an explosion of new commentators here. I suppose it was harder to be here during the bear market these past years.

It is best not to work too hard as it can put stress on your immune system and weaken it. Just do moderate exercise. As for the rest, it would be good also to get some sun but I understand it is difficult as Winter is coming in the Northern Hemisphere.

https://twitter.com/AutismCapital/status/1330920515393916928

"CEO says early next year they will allow Crypto (currently: BTC, ETH, BCH, LTC) to be used as a funding source for any of their 28 million merchants. This addresses the “no utility” objection many retailers have about Crypto."

LOL.

It is divisible by any amount (apart from 0, which isn't exactly an amount). So, it isn't going to run out because an smaller unit can always be created.

Great post OP! Did you come up with it while you were taking a shit or something?

I opened this post out of pure enthusiasm and realized that I had not yet returned here. When I saw 4 pages I expected it full of shitposts but I see that there are some very interesting comments.

I hope this is the week of the 20k. Everything points to us going up: upward revision of predictions, institutional investors buying more and more...

Have a happy week everyone!

No.

I know of some cases of people who have been quarantined and locked up at home with a COVID positive person and have not even caught the virus.

The last one was my cousin, who I saw on Saturday. He caught the virus and had symptoms, but neither the wife nor the three children caught it. When he tested positive for COVID, he was locked in a room, but before that he spent a couple of days sharing the same space with them, kissing and hugging them and they didn't even test positive.

The same happened to a co-worker.


Yeah, well, I agree that the risk is not zero but I don't think it is much higher than with the flu.

I knew a guy who got the flu about 5 years ago. Mid-thirties, aparently healthy, got pneumonia, didn't respond to medication and died.

Apart from that, what were the ages of those 9.6%? I bet all of them weren't healthy 20-year-olds.

I tend to believe that among all those 9.6% some of them were older than 60, some of them had an undetected underlying condition and, yes, some of them were young and healthy and just won the (wrong) lottery but I'm not going to get scared by that 9% figure when I know that the death rate for those younger than 60 is below 1%.

We knew that institutional investors were behind the latest price increases but it seems that Paypal is monopolizing most of it:

"Paypal bought up to 70% of all the newly mined bitcoin since the payments giant started offering cryptocurrency services four weeks ago.

Now that’s according to estimates by hedge fund manager Pantera Capital, as revealed in its latest monthly blockchain letter. Together with Square’s Cash App, the two companies are buying more than 100% of all newly issued virgin bitcoin (BTC), it says....

"Pantera Capital says the shortage of bitcoin resulting from high corporate demand means that the likes of Cash App, which recently reported a record $1.6 billion bitcoin revenue, will have to pay more for each coin.

“When other, larger financial institutions follow their (Cash App) lead, the supply scarcity will become even more imbalanced. The only way supply and demand equilibrates is at a higher price,” it explained.

Source: Paypal Bought 70% of All Newly Mined Bitcoin Last Month as Demand Rockets.

I think we are going to hit 20k pretty soon. News like this are non-stop these days. I don't want to even think what will happen when the general public FOMO starts.

Call me an optimist if you like, but I think we'll break ATH before December. All the news I see is positive, it's all upward price prediction reviews.

Only a catastrophe can stop this.

Although what you say is true, I think he's got a point: bitcoin was coinceived as P2P electronic cash system.

However, I think that its greatest success comes from being a P2P store of value system. The best store of value actually. This was not Satoshi's original idea but a creation often goes beyond the original idea of its creator.

Yes, we've seen a few news items of this kind lately, and I don't think they'll be the last. We are clearly in the institutional investment phase. We'll have to see what happens when the mass FOMO is added. The price can go to the moon.

Yes, well. I've been playing poker for quite a few years now, mainly at Pokerstars and Pacific, although I've also played poker in other fiat rooms and I can tell you that there's no real demand to play with bitcoin in the major rooms these days. I don't just play poker, I also follow the news, forums etc.

The crypto-rooms that allow you to play poker are not even fit to tie the main fiat sites' shoelaces. Nor in software, traffic or anything else.

That's why I say that I dream of the day when Pokerstars will implement bitcoin deposit/withdrawal, because on that day many things will have changed, and we'll be very close to mass adoption.

Pokestars accepting bitcoin for poker is like Amazon accepting direct bitcoin payments in retail.

What?

Do you wanna bet?

What would constitute a breakthrough is for Pokerstars to accept bitcoin but that's not going to happen any time soon. I dream of that day.

I am not surprised by this kind of news, it is in line with many others we are seeing lately. I am even less surprised by this coming from the Deutsche Bank, since Germany has quite favorable legislation for cryptocurrencies, at least compared to other European countries. Especially interesting is the fact that the idea that bitcoin is better than gold/is going to replace gold, is appearing a lot lately in the media.

Lately we haven't stopped hearing news like this, instead of hearing that bitcoin is a fraud as Jamie Dimon from JP Morgan did, and ended up buying bitcoin.

I wonder if we are in a capitulation phase in which the representatives of the centralized powers have already realized that they are not going to be able to defeat bitcoin and all they can do is join the cult.

I find what you ask a silly question.

Of course the biggest pandemic in 100 years has changed the economy around the world. Also, it is evident that some countries have managed their finances better than others during this pandemic, like they do as usual.

I've seen some interesting replies here. Sorry that I don't have any more merits because if I had, I would have given some to other replies.

Among all the replies, I think I'm going to go for this one:

I take it that table is talking about getting those hands at the flop if you play Texas Holdem or before discarding if you play 5-card draw.

One thing I've learned over the years is that unlikely events occur.

The likelihood of those hands is not as important as how strong is your hand compared to your rival's.

According to the table, a straight has 0.3925% chance to occur and a flopped flush 0.1965%. I see flopped straights or flushes almost every day.

If you play a couple of thousand hands a day on average you are going to see a lot of those unlikely events to occur.

It hasn't changed my sleeping habits at all.

I usually sleep between 6 and 7 hours. Sometimes a little less but if I sleep less than 6 hours I don't feel rested. The pandemic has not affected me in this way at all.

I haven't heard of that (Pfizer plans to include microchips in vaccine).

If it's so easy to include them in vitamin B shots, insulin etc. we shouldn't worry about this vaccine, as far as microchips are concerned.

Although if such microchips were injected, it would be discovered at some point and would be a major public health scandal

I'm just opening the post in advance.

It's been a long time HODLing, not selling a dime.

It's been worth it.

Cheers guys!