Poker Player
Legendary
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Activity: 1540
Merit: 2207
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December 26, 2020, 06:03:57 PM |
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25K to 100K is not really "price action", it's a huge amount of money that needs to pour in. 250K, well, it's even much more bigger !
But I will not bet against it either.
It's not just about money. If supply is very reduced because few people are willing to sell and also because of the deflationary nature of bitcoin, less money is needed to make the price go up.
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gembitz
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December 26, 2020, 06:06:20 PM |
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$50,000 BTC soon! :-D weeeeee
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aesma
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December 26, 2020, 06:12:04 PM |
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25K to 100K is not really "price action", it's a huge amount of money that needs to pour in. 250K, well, it's even much more bigger !
But I will not bet against it either.
It's not just about money. If supply is very reduced because few people are willing to sell and also because of the deflationary nature of bitcoin, less money is needed to make the price go up. The flip side being that if nobody sells, the price can't go up anymore either !
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romneymoney
Full Member
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Activity: 193
Merit: 117
HODL
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December 26, 2020, 06:17:47 PM |
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Breaking 24777$ prediction game FINAL LIST 27/12/2017 bikerleszno 29/12/2018 cAPSLOCK 30/12/2017 digithusiast 31/12/2017 Raja_MBZ 01/01/2018 elg 02/01/2018 wachtwoord 03/01/2018 JimboToronto 04/01/2018 d_eddie 05/01/2018 BTCMILLIONAIRE 06/01/2018 HanvanBitcoin 07/01/2018 ghandi 08/01/2018 savetherainforrest 09/01/2018 explorer 10/01/2018 bicoinpsycho 11/01/2018 Bitcoinaire 12/01/2018 speedwheel 13/01/2018 undeadbitcoiner 14/01/2018 northypole 15/01/2018 ivomm 16/01/2018 maca068 17/01/2018 bitcoinvest 18/01/2018 last of the v8s 19/01/2018 mfort312 20/01/2018 1982dre 21/01/2018 flamast2 22/01/2018 RealMachasm 23/01/2018 willope 24/01/2018 kartala 25/01/2018 orpington 26/01/2018 rolling 27/01/2018 LFC_bitcoin 28/01/2018 jojo69 29/01/2018 CristiTCM 30/01/2018 rayX12 31/01/2018 realsteelboy 01/02/2018 twocorn 02/02/2018 mancroofer 03/02/2018 True Myth 04/02/2018 poolminor 05/02/2018 itod 06/02/2018 scheptan 07/02/2018 vapourminer 08/02/2018 alexeft 09/02/2018 siera 10/02/2018 AlcoHoDL 11/02/2018 Dunkelheit667 12/02/2018 yonton 13/02/2018 Wekkel 14/02/2018 Thekool1s 15/02/2018 starmman 16/02/2018 Globb0 17/02/2018 leveldkrypto 18/02/2018 olesh 19/02/2018 BitCoinBurger 20/02/2018 Paashaas 21/02/2018 flynn 22/02/2018 icygreen 23/02/2018 erisdiscordia 24/02/2018 phil_s 25/02/2018 sirazimuth 26/02/2018 Arriemoller 27/02/2018 yonton 28/02/2018 Muttley 01/03/2018 bones261 02/03/2018 heater 03/03/2018 soullyG 04/03/2018 InvoKing 05/03/2018 Notme 06/03/2018 sa_94 07/03/2018 NUFCrichard 08/03/2018 Imbatman 09/03/2018 Roombot 10/03/2018 STT 11/03/2018 badream 13/03/2018 erre 14/03/2018 julian071 15/03/2018 podyx 17/03/2018 fragout 18/03/2018 fabiorem 21/03/2018 dakustaking76 23/03/2018 nikauforest 31/03/2018 vroom 01/04/2018 somac. 02/04/2018 kurious 04/04/2018 fluidjax 05/04/2018 bitcoinbunny 08/04/2018 tyler1890 10/04/2018 ludwigvon 11/04/2018 hairymaclairy 16/04/2018 practicaldreamer 18/04/2018 free-bit.co.in 27/04/2018 drbrockoin 01/05/2018 sprinkles 02/06/2018 oblox 07/07/2018 IntroVert 03/08/2018 toxic2040 28/08/2018 bitserve 15/10/2018 Yefi 05/11/2018 mikenz 31/12/2018 melman2002 01/01/2019 Spaceman_Spiff_Original 12/02/2019 FractalUniverse 21/04/2019 gentlemand 20/02/2020 romneymoney 18/12/2021 luckygenough56 UPDATE AND GOOD LUCK !!! BITCOIN?? Just ———-> hodl that shit keep innovating/ adapting/ learning/buying/ not panicing/decentralize and So on ......... And get quick @24777 Just for new future list games getting bored on This one And Some say same old shit please like NEXT 24 h are critical or ....... I received the BTC this morning. Best Christmas surprise ever. THANKS El duderino_
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Poker Player
Legendary
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Activity: 1540
Merit: 2207
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December 26, 2020, 06:24:01 PM |
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The flip side being that if nobody sells, the price can't go up anymore either !
But that's too imaginary. Do you really think that in a $479,028,551,331 market cap market literally nobody is going to sell?
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Millionero
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December 26, 2020, 06:26:13 PM |
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Yup. I have been too busy pleasuring myself to sell any bitcoin lately.
Glad I'm not the only one. #nohomo
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eddie13
Legendary
Offline
Activity: 2296
Merit: 2262
BTC or BUST
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December 26, 2020, 06:26:21 PM |
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Breaking 24777$ prediction game FINAL LIST 27/12/2017 bikerleszno 29/12/2018 cAPSLOCK 30/12/2017 digithusiast 31/12/2017 Raja_MBZ 01/01/2018 elg 02/01/2018 wachtwoord 03/01/2018 JimboToronto 04/01/2018 d_eddie 05/01/2018 BTCMILLIONAIRE 06/01/2018 HanvanBitcoin 07/01/2018 ghandi 08/01/2018 savetherainforrest 09/01/2018 explorer 10/01/2018 bicoinpsycho 11/01/2018 Bitcoinaire 12/01/2018 speedwheel 13/01/2018 undeadbitcoiner 14/01/2018 northypole 15/01/2018 ivomm 16/01/2018 maca068 17/01/2018 bitcoinvest 18/01/2018 last of the v8s 19/01/2018 mfort312 20/01/2018 1982dre 21/01/2018 flamast2 22/01/2018 RealMachasm 23/01/2018 willope 24/01/2018 kartala 25/01/2018 orpington 26/01/2018 rolling 27/01/2018 LFC_bitcoin 28/01/2018 jojo69 29/01/2018 CristiTCM 30/01/2018 rayX12 31/01/2018 realsteelboy 01/02/2018 twocorn 02/02/2018 mancroofer 03/02/2018 True Myth 04/02/2018 poolminor 05/02/2018 itod 06/02/2018 scheptan 07/02/2018 vapourminer 08/02/2018 alexeft 09/02/2018 siera 10/02/2018 AlcoHoDL 11/02/2018 Dunkelheit667 12/02/2018 yonton 13/02/2018 Wekkel 14/02/2018 Thekool1s 15/02/2018 starmman 16/02/2018 Globb0 17/02/2018 leveldkrypto 18/02/2018 olesh 19/02/2018 BitCoinBurger 20/02/2018 Paashaas 21/02/2018 flynn 22/02/2018 icygreen 23/02/2018 erisdiscordia 24/02/2018 phil_s 25/02/2018 sirazimuth 26/02/2018 Arriemoller 27/02/2018 yonton 28/02/2018 Muttley 01/03/2018 bones261 02/03/2018 heater 03/03/2018 soullyG 04/03/2018 InvoKing 05/03/2018 Notme 06/03/2018 sa_94 07/03/2018 NUFCrichard 08/03/2018 Imbatman 09/03/2018 Roombot 10/03/2018 STT 11/03/2018 badream 13/03/2018 erre 14/03/2018 julian071 15/03/2018 podyx 17/03/2018 fragout 18/03/2018 fabiorem 21/03/2018 dakustaking76 23/03/2018 nikauforest 31/03/2018 vroom 01/04/2018 somac. 02/04/2018 kurious 04/04/2018 fluidjax 05/04/2018 bitcoinbunny 08/04/2018 tyler1890 10/04/2018 ludwigvon 11/04/2018 hairymaclairy 16/04/2018 practicaldreamer 18/04/2018 free-bit.co.in 27/04/2018 drbrockoin 01/05/2018 sprinkles 02/06/2018 oblox 07/07/2018 IntroVert 03/08/2018 toxic2040 28/08/2018 bitserve 15/10/2018 Yefi 05/11/2018 mikenz 31/12/2018 melman2002 01/01/2019 Spaceman_Spiff_Original 12/02/2019 FractalUniverse 21/04/2019 gentlemand 20/02/2020 romneymoney 18/12/2021 luckygenough56 UPDATE AND GOOD LUCK !!! BITCOIN?? Just ———-> hodl that shit keep innovating/ adapting/ learning/buying/ not panicing/decentralize and So on ......... And get quick @24777 Just for new future list games getting bored on This one And Some say same old shit please like NEXT 24 h are critical or ....... I received the BTC this morning. Best Christmas surprise ever. THANKS El duderino_ That’s quite amazing bro..
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eddie13
Legendary
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Activity: 2296
Merit: 2262
BTC or BUST
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December 26, 2020, 06:29:20 PM |
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This price action makes me think that a $250k + top is much more plausible that a $100k top The current currency system is dying. It’s no longer a cringe part of a hidden sub culture in society who knows this. It’s no longer the Peter Schiffs of this world proclaiming the end of fiat systems. It’s a (close to critical) mass that is contemplating this now. All in the open and for everyone to see. And it’s simple math determining that this will accelerate. 20% of all dollars in the world created this year alone. Next time, will it be 40%? And the next thereafter? Will the new stimulus bill go to $4 trillion (6.6% of all money (in broad terms) in the whole world)? Will the next stimulus bill be $8 trillion? The talks about the $1 trillion coin seem a long time ago (those were rookie numbers ). It’s happening because it’s inevitable. Greatest. Wealth. Transfer. Ever. Makes me wonder how much bitcoin is going to increase in value vs how much fiats are going to loose in value.. 1 BTC will eventually be worth more than all of every fiat currency that has ever existed combined.. Eventually..
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Biodom
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Activity: 3920
Merit: 4434
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December 26, 2020, 06:57:27 PM Last edit: December 26, 2020, 07:15:22 PM by Biodom |
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This price action makes me think that a $250k + top is much more plausible that a $100k top The current currency system is dying.It’s no longer a cringe part of a hidden sub culture in society who knows this. It’s no longer the Peter Schiffs of this world proclaiming the end of fiat systems. It’s a (close to critical) mass that is contemplating this now. All in the open and for everyone to see. And it’s simple math determining that this will accelerate. 20% of all dollars in the world created this year alone. Next time, will it be 40%? And the next thereafter? Will the new stimulus bill go to $4 trillion (6.6% of all money (in broad terms) in the whole world)? Will the next stimulus bill be $8 trillion? The talks about the $1 trillion coin seem a long time ago (those were rookie numbers ). It’s happening because it’s inevitable. Greatest. Wealth. Transfer. Ever. I fear the highlighted. I cannot force myself to go 100% in btc (with some others sprinkled about), just because being 100% in does not give any wiggle room. I detest spending btc, so need $$ to do that, but you cannot rely on btc up down moves to provide enough $$ as it might catch you when it is trending down, but you need cash ASAP. In addition, is there room in bitcoin for everyone-maybe, but only at truly astronomical prices. I see an investment "credibility gap" somewhere between 100K and 1mil. Institutions might still go for it, though, but your average Joe would not buy something that costs 100K, however, at 1mil and above it probably would be stable enough for that Joe to simply use some lower size unit (bits, sats or whatever) for small item transactions.
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rolling
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December 26, 2020, 06:58:27 PM |
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25K to 100K is not really "price action", it's a huge amount of money that needs to pour in. 250K, well, it's even much more bigger !
But I will not bet against it either.
It's not just about money. If supply is very reduced because few people are willing to sell and also because of the deflationary nature of bitcoin, less money is needed to make the price go up. The flip side being that if nobody sells, the price can't go up anymore either ! I think it would be a great sign if nobody wanted to sell a single bitcoin at a certain price. It will never happen though. There is plenty of supply available, the price just needs to get to the point where it shakes some loose. For instance, I'm guessing more than half of the bitcoin ever created would be available for sale right now at $1million each. There is no shortage. It just seems like it because the price is so low. Who would sell now when they know what the next year has in store?
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philipma1957
Legendary
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Activity: 4284
Merit: 8755
'The right to privacy matters'
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December 26, 2020, 07:06:05 PM |
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25K to 100K is not really "price action", it's a huge amount of money that needs to pour in. 250K, well, it's even much more bigger !
But I will not bet against it either.
It's not just about money. If supply is very reduced because few people are willing to sell and also because of the deflationary nature of bitcoin, less money is needed to make the price go up. The flip side being that if nobody sells, the price can't go up anymore either ! I think it would be a great sign if nobody wanted to sell a single bitcoin at a certain price. It will never happen though. There is plenty of supply available, the price just needs to get to the point where it shakes some loose. For instance, I'm guessing more than half of the bitcoin ever created would be available for sale right now at $1million each. There is no shortage. It just seems like it because the price is so low. Who would sell now when they know what the next year has in store? Guys like me sell small pieces . Lets say I clear .2 btc monthly with the mining. So selling off 0.02 or 0.03 each big rise makes sense. Mine and hodl most sell small pieces at : 20k 22k 25k 27k 30k It is why I prefer slower gains so that selling off a piece happens 1 time a month.
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lightfoot
Legendary
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Activity: 3164
Merit: 2258
I fix broken miners. And make holes in teeth :-)
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December 26, 2020, 07:11:16 PM |
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The flip side being that if nobody sells, the price can't go up anymore either !
But that's too imaginary. Do you really think that in a $479,028,551,331 market cap market literally nobody is going to sell? At that price, 1 BTC would pretty much equal one Lambo so I guess I would have to sell one. *sigh*
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Biodom
Legendary
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Activity: 3920
Merit: 4434
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December 26, 2020, 07:13:51 PM |
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25K to 100K is not really "price action", it's a huge amount of money that needs to pour in. 250K, well, it's even much more bigger !
But I will not bet against it either.
It's not just about money. If supply is very reduced because few people are willing to sell and also because of the deflationary nature of bitcoin, less money is needed to make the price go up. The flip side being that if nobody sells, the price can't go up anymore either ! I think it would be a great sign if nobody wanted to sell a single bitcoin at a certain price. It will never happen though. There is plenty of supply available, the price just needs to get to the point where it shakes some loose. For instance, I'm guessing more than half of the bitcoin ever created would be available for sale right now at $1million each. There is no shortage. It just seems like it because the price is so low. Who would sell now when they know what the next year has in store? The question is: why "old school" money managers from Citi to Fidelity now gave btc price targets (next year!!) of 300-400K or even more? From my previous encounters with finance, analysts loath making predictions of more than 2X current price, with 30-50% up or down being the most typical. Here they went 15-20X. I am not sure why? One possible explanation is they are trying to make the curve to go hyper-exponential, then pull the "rug" from under and collapse it. Or, maybe, really strong WS money already accumulated enough in $5K-20K range and now want a rapid rise to cash out. There must be some play here, but what is it? Of course, it is possible that me are witnessing financial "regime change", but much more data is needed to support this. Serious people have said that the only thing that can stop btc is very high interest rates. In one playbook they will go for high inflation, causing btc to climb super high, then as inflation is established, smash btc down by sudden increase in the interest rates: going from super negative real rates that we see at the moment to positive rates, which would mean, say, 10-15% interest rates a la Volcker shock.
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lightfoot
Legendary
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Activity: 3164
Merit: 2258
I fix broken miners. And make holes in teeth :-)
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December 26, 2020, 07:13:53 PM |
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1 BTC will eventually be worth more than all of every fiat currency that has ever existed combined.. Eventually..
And this is why I really think my idea of having tattooed on one's forehead "this brain has the passcode to a 10btc wallet. Revive me and it is yours" is a really good idea if you are going to be cyro preserved. When that much money would buy a planet they will have a serious incentive to revive you with all memories intact.....
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Toxic2040
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Activity: 1806
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December 26, 2020, 07:18:40 PM |
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So after another wait till 24,777 was broken for real ... I just have payed my debt of the last game that was running, so this time congrats romneymoney. Merry Xmass Very crazy, the game started at the 25-12 and ended at 25-12 LoL +1 WOsMerit this is gentlemen well played sir -------- I received the BTC this morning. Best Christmas surprise ever. THANKS El duderino_
+1 WOsMerit congrats
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d_eddie
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December 26, 2020, 07:25:31 PM Merited by JayJuanGee (1) |
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25K to 100K is not really "price action", it's a huge amount of money that needs to pour in. 250K, well, it's even much more bigger !
But I will not bet against it either.
It's not just about money. If supply is very reduced because few people are willing to sell and also because of the deflationary nature of bitcoin, less money is needed to make the price go up. The flip side being that if nobody sells, the price can't go up anymore either ! I think it would be a great sign if nobody wanted to sell a single bitcoin at a certain price. It will never happen though. There is plenty of supply available, the price just needs to get to the point where it shakes some loose. For instance, I'm guessing more than half of the bitcoin ever created would be available for sale right now at $1million each. There is no shortage. It just seems like it because the price is so low. Who would sell now when they know what the next year has in store? The question is: why "old school" money managers from Citi to Fidelity now gave btc price targets (next year!!) of 300-400K or even more? From my previous encounters with finance, analysts loath making predictions of more than 2X current price, with 30-50% up or down being the most typical. Here they went 15-20X. I am not sure why? Maybe they've seen it happen already, and some of them would like to be able to say "I predicted THIS in 2020"? One possible explanation is they are trying to make the curve to go hyper-exponential, then pull the "rug" from under and collapse it. Or, maybe, really strong WS money already accumulated enough in $5K-20K range and now want a rapid rise to cash out. There must be some play here, but what is it?
Very appropriate question. I understand - and partly share - your mistrust of Wall Street elites speaking out like this. Unfortunately, reading the mind of sharks is not easy. Can they really be so coordinated? Of course, it is possible that me are witnessing financial "regime change", but much more data is needed to support this. Serious people have said that the only thing that can stop btc is very high interest rates. In one playbook they will go for high inflation, causing btc to climb super high, then as inflation is established, smash btc down by sudden increase in the interest rates: going from super negative real rates that we see at the moment to positive rates, which would mean, say, 10-15% interest rates a la Volcker shock.
Possible, but is it likely? I am not able to attach a figure to this. Again, can they be so coordinated? Any disaligned country (and I'm sure there would be more than one) would stand to reap lots of benefits. Is this compatible with an evil plan to rule the world? Maybe we should ask Stewie.
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yefi
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December 26, 2020, 07:32:39 PM |
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I think that means deposit XRP, they can still throw their benjies on there.
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