ChartBuddy
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June 06, 2023, 07:04:51 AM |
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ExplanationChartbuddy thanks talkimg.com
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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HI-TEC99
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June 06, 2023, 07:54:11 AM |
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STT
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June 06, 2023, 07:54:43 AM |
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I'm starting the believe that the more RnD money you lose as a Tech company, the more profitable you actually become.
Its a loss leader for sure, I agree with this point of view but its not like we havent seen this before and it can be a success if they are moving towards mainstream at all. Theres plenty of rich people out there or those who will borrow to buy something unique, make it Apple and you add a legion of fans of which Iam not one but I do understand their customer loyalty is off the charts compared to most brands. Main concern is that unique product and also to be ahead of the crowd, if they get yet another product that has a large share of a growing market then its a success. They carve out a profit later from that foothold they garner by acting now. BTC to meet 24k I think before we can judge its performance vs the 200 week average, it should rebound above but the MA itself is not support. The closing prices of last summer is where I think it should hit and bounce.
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ChartBuddy
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June 06, 2023, 08:03:25 AM |
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ExplanationChartbuddy thanks talkimg.com
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ChartBuddy
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June 06, 2023, 09:04:55 AM |
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ExplanationChartbuddy thanks talkimg.com
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somac.
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Never selling
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June 06, 2023, 09:23:14 AM |
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I'm starting the believe that the more RnD money you lose as a Tech company, the more profitable you actually become.
Its a loss leader for sure, I agree with this point of view but its not like we havent seen this before and it can be a success if they are moving towards mainstream at all. Theres plenty of rich people out there or those who will borrow to buy something unique, make it Apple and you add a legion of fans of which Iam not one but I do understand their customer loyalty is off the charts compared to most brands. Main concern is that unique product and also to be ahead of the crowd, if they get yet another product that has a large share of a growing market then its a success. They carve out a profit later from that foothold they garner by acting now. BTC to meet 24k I think before we can judge its performance vs the 200 week average, it should rebound above but the MA itself is not support. The closing prices of last summer is where I think it should hit and bounce. I'm thinking lower 23 high 22. Will be a great buying opportunity.
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El duderino_
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BTC + Crossfit, living life.
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June 06, 2023, 09:41:07 AM |
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Do not overthink…..
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ChartBuddy
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June 06, 2023, 10:01:18 AM |
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ExplanationChartbuddy thanks talkimg.com
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ChartBuddy
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June 06, 2023, 11:03:26 AM |
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ExplanationChartbuddy thanks talkimg.com
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ChartBuddy
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June 06, 2023, 12:03:30 PM |
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ExplanationChartbuddy thanks talkimg.com
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FinePoine0
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June 06, 2023, 12:28:19 PM Last edit: June 06, 2023, 01:17:58 PM by FinePoine0 Merited by JayJuanGee (1) |
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willy woo: about June Bitcoin price wants to Rip if the signal goes away. Bitcoin experts say a massive following points to Bitcoin exploding this June. Summer months are usually bearish but every June has been bullish during the recovery phase. We are in a place where there is a breeze to tear up Bitcoin in June. But for now we stand here https://dailyhodl.com/2023/06/05/willy-woo-says-bitcoin-btc-could-be-ready-to-rip-in-june-if-signal-plays-out-heres-his-outlook/BTC price will explode and this is our biggest opportunity to invest in Bitcoin. Invest in deep/FUD markets very quickly.
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El duderino_
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June 06, 2023, 12:38:38 PM |
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Another day another FUD
We digest
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OgNasty
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June 06, 2023, 12:48:02 PM |
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I’m glad to see the price seemingly holding at $25K. The charts look like we should be dropping straight to $20K, so I think the fact that we haven’t on this latest Binance news is a good sign. I’m still not convinced we won’t see the head and shoulders pattern complete and take us to $20K, but it seems to be so far so good at the moment.
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ChartBuddy
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June 06, 2023, 01:03:25 PM |
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ExplanationChartbuddy thanks talkimg.com
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Hueristic
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Doomed to see the future and unable to prevent it
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Good point. But, I am gambling virtual profits from buying later instead of now. Sure, Bitcoin could go up. I would lose out on a bit of coin. But past history has show that during corrections, FUD has an amplifying effect on the price dip. This is just short term speculation. Worst case scenario, price goes up instead of going down. I stop limit at 1/3rd of the Binance FUD candle. Still not bad. Either way I make more coins from the FUD because the Bitcoin is undervalued by pure speculation (how long does that last?). Thats how I see it, at least... Who would ever go 80x, I wonder?
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somac.
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Never selling
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June 06, 2023, 01:18:34 PM |
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I’m glad to see the price seemingly holding at $25K. The charts look like we should be dropping straight to $20K, so I think the fact that we haven’t on this latest Binance news is a good sign. I’m still not convinced we won’t see the head and shoulders pattern complete and take us to $20K, but it seems to be so far so good at the moment.
I'm surprised the Binance news even matters. If they go down it would be a good thing for BTC, I'm positive they manipulate the shit out of the price by selling fake coins, just like FTX was doing. Good to cut these turds loose but I don't think we'll be lucky enough to have Binance vanish into the wind.
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Biodom
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June 06, 2023, 01:34:07 PM Last edit: June 06, 2023, 01:47:06 PM by Biodom |
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If someone wants to check the 'source' of SEC/Coinbase: https://www.sec.gov/litigation/complaints/2023/comp-pr2023-102.pdfThe 'dirty dozen' list for Coinbase is different from Binance: SOL, ADA, MATIC, FIL, SAND, AXS, CHZ, FLOW, ICP, NEAR, VGX, DASH, and NEXO—(the “Crypto Asset Securities”). So, ATOM, MANA, COTI, BNB and BUSD are dropped (the last two probably because they are not on CB anyway), but CHZ, FLOW, ICP, NEAR, VGX, and DASH are added. Conclusion: make your own.
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nutildah
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June 06, 2023, 01:48:45 PM |
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DASH? Wut?
My conclusion is they don't know what in Sam Hill they're talking about, but what's new.
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ChartBuddy
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June 06, 2023, 02:03:27 PM |
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ExplanationChartbuddy thanks talkimg.com
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