d_eddie
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August 29, 2024, 12:05:16 PM |
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Take a breather buddy @philip I got your back, though it seems you're OK ;-) Glad you got that thing off your chest
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CheapYoutubeHits
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August 29, 2024, 12:27:32 PM |
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Are there any old price predictions like from years ago which were actually correct?
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ChartBuddy
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August 29, 2024, 01:01:16 PM |
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ExplanationChartbuddy thanks talkimg.com
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Lucius
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August 29, 2024, 01:14:58 PM |
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~snip~ Obstacles: 1. Recurring sales of large amounts of bitcoins by the US government and others (my country Bulgaria also has about 200K bitcoins, for which sales nothing is known about.)
It is incredible that this misconception is still alive after so many years. In one local media they even announced that these BTC were sold, but the conspiracy theories are still alive. Specifically, local news publication Bivol wrote in April 2018, the government auctioned off its haul in a low-key affair which involved various international buyers.
The sale occurred a matter of months after the crackdown, as Bitcoin price [coin_price] reached its all-time high of around $20,000 in December 2017.
The publication claims that Bulgaria’s finance minister, Vladislav Goranov, told the Prime Minister’s Security Council the sale had taken place, and that the coins were sold piecemeal so as not to crash the market.
“Several sovereign wealth funds and Asian investors” purchased the coins for around €15,000 each, with Deloitte acting as a consultant, Bivol references Goranov as revealing.
Even more curiously, “experts from the US FBI helped to ensure the safety of transactions,” the last of which occurred April 1, 2018, Goranov is reported to have said.
PAVEL DUROV is free. Bail set at 5 millions € and cannot leave french territory till the trial.
He should hop on his private jet and gtfo while the gettin's good. The best thing is for him to return to his homeland, where he would have protection from all possible prosecutions for any criminal offenses - because there pedophiles, rapists and criminals of all levels receive forgiveness if they survive 6 months at the front. Unless they've pissed off the king president in the past (since the vKontakte affair). I don't think Pavel wants to be seen anywhere in Russia. Any French prison+orange suit combination beats the bottom of some Russian sea+concrete monoshoe. He would not end up in prison, the Russians would be very happy to welcome him as a hero because they say that even 50% of military communication goes through his platform, but so does a significant part of Ukrainian military-political communication. Maybe he left Russia, but he never ran away from what he really is.
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xhomerx10
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August 29, 2024, 01:18:02 PM |
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Going to get me one of these in preparation for September's face melting rally I can't wait!
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bitcoinPsycho
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Bitcoin dominance last 12 months performance, can you see what's happening here?
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ChartBuddy
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August 29, 2024, 02:01:16 PM |
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ExplanationChartbuddy thanks talkimg.com
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philipma1957
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August 29, 2024, 02:05:23 PM |
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Take a breather buddy @philip I got your back, though it seems you're OK ;-) Glad you got that thing off your chest
well knowing the biopsy was clean takes the fear away. Dying the way my grandfather died is something I don’t wish on many people. Got another piece of gear ready to send to my host. I will have 4x180= 720th btc and 1x 9= 9gh scrypt mining in a container in Iowa. far smaller footprint of 13kwatt vs the old mine of 225kwatt in clifton nj. I got the new car and will go on a day trip to Roebling Museum https://www.roeblingmuseum.org/and six flags great adventure.
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ChartBuddy
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August 29, 2024, 03:01:18 PM |
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ExplanationChartbuddy thanks talkimg.com
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OgNasty
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I believe today is the day that Dell computers will be reporting their earnings and we get to find out if they were the mystery stacker during the Germany/Gox distributions. I think if they did take a massive Bitcoin position it can only be good for the market, as Dell is a pretty huge company and others are sure to follow their lead.
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Lucius
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Dying the way my grandfather died is something I don’t wish on many people. ~snip~
I never doubted your health, in fact it always seemed to me that you would live at least until the age of one hundred (I hope even more) - because when I see that you are active every day on the forum, it is only a sign that you have more energy than some members half your age This is how AI sees you at the age of one hundred
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ChartBuddy
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August 29, 2024, 04:01:15 PM |
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ExplanationChartbuddy thanks talkimg.com
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JayJuanGee
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August 29, 2024, 04:40:25 PM |
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Are there any old price predictions like from years ago which were actually correct?
Yes. Those people who predicted that bitcoin prices (and adoption) was going up, they ended up being correct. Similar predictions have been continuing to go on through the years, so I am not sure what you mean by years, but everyone who predicted that bitcoin prices (and adoption) was going up, they ended up being correct, whether it was from 12 years ago, 8 years ago, 4 years ago or even 2 years ago.
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ChartBuddy
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August 29, 2024, 05:01:16 PM |
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ExplanationChartbuddy thanks talkimg.com
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ChartBuddy
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August 29, 2024, 06:01:18 PM |
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ExplanationChartbuddy thanks talkimg.com
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OgNasty
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August 29, 2024, 06:09:02 PM Last edit: August 29, 2024, 06:32:59 PM by OgNasty |
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Are there any old price predictions like from years ago which were actually correct?
Here’s what I was saying 13+ years ago. I believe the price was around $5 at the time and in chat groups I was saying the price would hit $4,000. For the record, I paid off my mortgage in 2017 and became completely debt free. At the time (in 2011) you could mine a BTC per day on a regular household computer. I think the most important part is the final sentence. That is what kept me from cashing out before I reached my goals. This is what I'm thinking. I don't see why anyone would sell before 2016 unless: A) They're greedy and mine simply to make a quick buck (this never works out). B) They're poor and $20 is a lot of money to them, in which case they shouldn't be mining bitcoins in the first place, they should be finding a job. C) They don't know anything about bitcoins and have no clue that there won't ever be enough for everyone in the US to even have 0.1 of them, let alone people in the world.
I'm hoping to sell my bitcoins when they'll pay off my mortgage and not before. Hopefully that happens before I pay it off myself in the year 2031. If they never return a penny, at least I got to be a part of something I believe in.
This is what I was saying 11 years ago when the price was around $100, still trumpeting $4K+. This was also before I was aware the donations were spent on developing a new forum (still yet to materialize). I haven't seen the donations spent on anything dumb yet, so I'm happy. Wait til BTC hits $4,000 and then find a use for them. Factoring in inflation and a decade of market growth and this prediction from 10 years ago isn’t too far off from what we’re seeing now. Not bad given the price at the time was around $600. I can spend BTC on Amazon/Walmart using third parties, the ETF is live, El Salvador is using it, and next week Russia is expected to start trading oil using crypto… I think a market cap of 8-20 billion is appropriate for the current market ($380-$952 BTC). I think if paypal/ebay/amazon start accepting it, you could make the case for an 80 billion dollar market cap ($3,800 BTC). If investors begin to embrace the coming ETF and companies like Walmart start accepting it, you could probably make a case for a 200 billion dollar market cap ($9,500 BTC). If small countries start using it as their national currency and organizations like OPEC use it to price their products, you could see >400 billion dollar market cap (>$19,000 BTC). I personally think it will continue to grow until it settles in somewhere around an 80 billion dollar market cap for a while. My $0.02.
As for the future… If the US passes a bill to start stacking a set amount of BTC, I think we could see a $800K Bitcoin bubble as early as 2029.
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LFC_Bitcoin
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August 29, 2024, 06:48:49 PM |
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Pretty pathetic that we still can’t hold 60k, I must admit.
My confidence about how high we do or don’t go in this cycle comes in waves. We’ve been in no mans land for a long time now though. Maybe we don’t go as high as I initially thought this time.
Market looks weak AF tbh.
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ChartBuddy
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August 29, 2024, 07:01:15 PM |
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ExplanationChartbuddy thanks talkimg.com
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BitcoinBunny
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August 29, 2024, 07:44:45 PM |
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Pretty pathetic that we still can’t hold 60k, I must admit.
My confidence about how high we do or don’t go in this cycle comes in waves. We’ve been in no mans land for a long time now though. Maybe we don’t go as high as I initially thought this time.
Market looks weak AF tbh.
I'm surprised we are still farting around the 60K mark to be honest: * ETFs approved and massively gaining momentum, biggest inflows into any ETFs ever. * Blackrock one of the biggest hodlers now. * Saylor doubling down * Trump mentioning Bitcoin, being positive and doing his rally at BTC convention (even if he doesn't understand it) * Copycat Policy Kamala somewhat friendlier towards Bitcoin * Ethereum starting to turn into a forgotten turd (50% down ATH, compared to BTC 20%) * Collapse of the NFT scams (maybe that's a negative though). * Stablecoins more and more popular. * Nvidia / AI still on top the world supposedly. The BTC halvening didn't seem to matter either..... yet. Probably it's just all the big boys still being on holiday with Leonardo DiCaprio and an army of 20 year old female models at the moment. Who the f knows...
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