AlcoHoDL
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Activity: 2492
Merit: 4593
Addicted to HoDLing!
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November 25, 2020, 01:52:51 PM Merited by JayJuanGee (1) |
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How you going to pay in BTC if the person refuses to accept BTC..? Hold a gun to their head? You cannot assume away the point that I was making by saying, "if you pay in BTC" when you have not even gotten to that point yet, can you?
Of course. However some places do take BTC, yet I've never seen one whose prices are BTC nominated, and don't move with the BTC/USD price. So in reality the prices are still un USD (other fiat). As long as they use fiat to pay for their supplies, their BTC prices will always move with BTC/fiat. To have truly BTC-nominated prices, everyone in the supply chain has to be BTC-nominated, and, sadly, that's still a long way away... For now, fiat is a necessary evil, if you want to enjoy your riches. Sadly... |
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OutOfMemory
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Activity: 1680
Merit: 3325
Man who stares at charts (and stars, too...)
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November 25, 2020, 01:54:10 PM |
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How you going to pay in BTC if the person refuses to accept BTC..? Hold a gun to their head? You cannot assume away the point that I was making by saying, "if you pay in BTC" when you have not even gotten to that point yet, can you?
Of course. However some places do take BTC, yet I've never seen one whose prices are BTC nominated, and don't move with the BTC/USD price. So in reality the prices are still un USD (other fiat). As long as they use fiat to pay for their supplies, their BTC prices will always move with BTC/fiat. To have truly BTC-nominated prices, everyone in the supply chain has to be BTC-nominated, and, sadly, that's still a long way away... For now, fiat is a necessary evil, if you want to enjoy your riches. Sadly... Like toilet paper  EDIT: It's worth shit, but everybody needs it to ... enjoy it  |
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El duderino_
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Activity: 2646
Merit: 12921
BTC + Crossfit, living life.
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November 25, 2020, 01:56:37 PM |
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fragout
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Activity: 1279
Merit: 1018
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November 25, 2020, 01:57:11 PM |
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Dat 600 BTC wall at stamp around 19500$ is the last hope of the bears.  It held with about $8 million left.So not yet. not yet . BTC teases us |
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OutOfMemory
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Activity: 1680
Merit: 3325
Man who stares at charts (and stars, too...)
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November 25, 2020, 02:01:51 PM |
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Dat 600 BTC wall at stamp around 19500$ is the last hope of the bears. It held with about $8 million left.So not yet. not yet . BTC teases us * OutOfMemory putting the champagne back to the fridge  |
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P_Shep
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Activity: 1795
Merit: 1208
This is not OK.
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November 25, 2020, 02:02:06 PM |
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Or maybe not JUST yet
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bitserve
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Activity: 1834
Merit: 1477
Self made HODLER ✓
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November 25, 2020, 02:08:20 PM |
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Or maybe not JUST yet
Are we poor again?! |
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fragout
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Activity: 1279
Merit: 1018
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November 25, 2020, 02:08:40 PM |
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Or maybe not JUST yet
yap. soon. Its close. one more push. There are of course different ATHs depending on what exchange but I believe it is the Bitstamp price that has always been used her which is 19,666 |
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AlcoHoDL
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Activity: 2492
Merit: 4593
Addicted to HoDLing!
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November 25, 2020, 02:09:31 PM |
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It's all good.
The time everyday goods prices will truly be BTC-nominated, is the time a cup of coffee will cost one (1) sat.
HoDL.
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fragout
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Activity: 1279
Merit: 1018
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November 25, 2020, 02:10:23 PM |
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Any forecast as to what to expect if the ATH is broken? . continue as normal, big spike, dump??
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bitserve
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Activity: 1834
Merit: 1477
Self made HODLER ✓
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November 25, 2020, 02:11:32 PM |
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Any forecast as to what to expect if the ATH is broken? . continue as normal, big spike, dump??
Yes. |
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friends1980
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Activity: 1582
Merit: 1059
nutildah-III / NFT2021-04-01
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While BTC is flirting with its ATH, I reached a new ATH forum rank. I'm not much for self-glorifying rank-up threads in the Reputation boards, yet wanted to say sincere thx to everyone who helped me get here. I've had a ball (only one, not two #nohomo) until now, and I'm planning to keep that spirit up. Thx. So, what's new?  Congrats for your new achievement for me its really dream as I also join this clube hopefully this will happen even very long way to go but doing good with positive mind. Thx mate. The shitty thing is, I just realized that now my profile looks as if I'm a pré-Merit member who's never succeeded in getting more than 8 Merits during his entire membership on these boards. Feels a bit like downgrading as a "big" 12-year-old kid in elementary school back down to suddenly being a junior in high school.  |
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vapourminer
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Activity: 4452
Merit: 3980
what is this "brake pedal" you speak of?
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November 25, 2020, 02:15:02 PM |
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So, ATH soon is a given IMHO, then what ? Stay up there, go significantly higher ? Then what ? Do you think a pullback to 4 digits USD is possible ? Asking for a friend.
4 digits is no longer possible. That time has passed. proudhon should be here soon to maths and science this statement for accuracy. |
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eXPHorizon
Full Member
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Activity: 1302
Merit: 132
Precision Beats Power and Timing Beats Speed.
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November 25, 2020, 02:17:14 PM |
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How well Prepared is Bitcoin against a CME? Asking for a "Friend"  Bitcoin Readyness for a CME ? |
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AlcoHoDL
Legendary
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Activity: 2492
Merit: 4593
Addicted to HoDLing!
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November 25, 2020, 02:18:19 PM |
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So, ATH soon is a given IMHO, then what ? Stay up there, go significantly higher ? Then what ? Do you think a pullback to 4 digits USD is possible ? Asking for a friend.
4 digits is no longer possible. That time has passed. proudhon should be here soon to maths and science this statement for accuracy. "Math & science me this!" Nice! |
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dragonvsandroid
Jr. Member
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Activity: 33
Merit: 5
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November 25, 2020, 02:20:59 PM |
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How well Prepared is Bitcoin against a CME? Asking for a "Friend" Bitcoin Readyness for a CME ? CME ain't shit compared to Bitcoin. |
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vapourminer
Legendary
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Activity: 4452
Merit: 3980
what is this "brake pedal" you speak of?
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November 25, 2020, 02:22:10 PM |
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It’s when the $ exceeds the number of pages on the WO. Obviously.
$27,600, the Real All Time High The ath is @ $19666+1 Then we will enjoy daily aths for some time.. until we reach the cycle top.. and i pray the lord its not only at current page parity i have sells stacked at 19667 and 20001 just for the lulz |
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eXPHorizon
Full Member
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Activity: 1302
Merit: 132
Precision Beats Power and Timing Beats Speed.
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November 25, 2020, 02:26:45 PM |
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How well Prepared is Bitcoin against a CME? Asking for a "Friend" Bitcoin Readyness for a CME ? CME ain't shit compared to Bitcoin. Lol, a CME can fry us all to crisps if it is strong enough CME Meaning : Coronal Mass Ejection |
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FullNode
Sr. Member
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Activity: 505
Merit: 270
Don't Trust, Verify
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November 25, 2020, 02:28:49 PM Merited by JayJuanGee (1) |
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VanEck EU launches physical backed Bitcoin ETN on Deutsche Boerse Xetra
Gabor Gurbacs, digital asset manager at VanEck, has announced the launch of a Bitcoin exchange-traded note (ETN) by its subsidiary VanEck Europe. The financial product is physically backed by BTC and has been added to the German stock exchange Xetra, as Gurbacs said:
Launching a Bitcoin ETP was a top priority for VanEck. We succeeded! VanEck hopes to serve many in Europe and Asia! https://www.crypto-news-flash.com/vaneck-eu-launches-physical-backed-bitcoin-etn-on-deutsche-boerse-xetra/ |
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vapourminer
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Activity: 4452
Merit: 3980
what is this "brake pedal" you speak of?
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November 25, 2020, 02:29:00 PM Merited by JayJuanGee (1) |
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overinvested in bitcoin
It’s funny. I never hear people say, “overinvested in (dollars|euros|whatever)”. ;-)Can one be overinvested in money? Is that like allocating too much cash in your portfolio?
Firing at random, for I am now something like 20 pages behind WO. ATH yet?Yes you can be, I am, see above. If the state accepted BTC for taxes, I wouldn't have this "problem". Fyi, my state doesn't. Hence "overinvested". when i cash out i add 30% extra and set it aside (in fiat) for the man. not worth the risk of having to sell btc later at an unfavorable price to cover taxes. of course the odds could go the other way id be ahead but i aint risking it. im not into irs types crawling up my anus. sounds unpleasant. |
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