how in the world is btc at $12.303,28?

[smyslov]

how in the world is btc at $12.303,28?

https://coinmarketcap.com/currencies/bitcoin/

there is nothing ,absolutely nothing to make btc from technical point worth so much ...

Nobody is using their btc to buy goods/services ,i know do to fact i am accepting btc and no clients via btc this month ...zero orders via btc. No real liquidity ..people are just hording.

I really hope i am not right about what i think it is as we will see btc worth 1-2 usd

And ethereum at $429,87 ....

Are people that stupid to forget that in March btc was at  8000 usd and eth  was at 130 usd .... ?

-------------------------------------------------------------

Well if you guys say  bitcoin is a "investment" good luck with it...i am out of btc world ...as bitcoin is no longer a currency .

It's a currency for me  you just did not stumble or look for enough marketplace companies that accepts Cryptocurrrency and we are only at $12 k and yet you are already saying good bye, you are going to definitely missed making a profit when Bitcoin hit another all time high.

[1714983072]

1714983072

[1714983072]

1714983072

[1714983072]

1714983072

[1714983072]

1714983072

[Quidat]

how in the world is btc at $12.303,28?

https://coinmarketcap.com/currencies/bitcoin/

there is nothing ,absolutely nothing to make btc from technical point worth so much ...

Nobody is using their btc to buy goods/services ,i know do to fact i am accepting btc and no clients via btc this month ...zero orders via btc. No real liquidity ..people are just hording.

I really hope i am not right about what i think it is as we will see btc worth 1-2 usd

And ethereum at $429,87 ....

Are people that stupid to forget that in March btc was at  8000 usd and eth  was at 130 usd .... ?

-------------------------------------------------------------

Well if you guys say  bitcoin is a "investment" good luck with it...i am out of btc world ...as bitcoin is no longer a currency .

So be it if you do look bitcoin this way and also it isnt really just set out on stone to be a currency yet we know that it can be either both at the same time .Digital currency + Investment.
You cant force out people on how they do gonna handle out their coins neither they would actively spend it or hoard it since they do know the price increase potential and also asking on how in the world it did happen? then if you've been here on this market for a while now then you wont get shocked into this kind of scenario or situation.Price can shoot up even on a matter of seconds and all technical analysis would be blown out since these are not precise indicators that will give out precise predictions towards future prices.

[FanEagle]

I don’t know for you, but I have worked with two companies recently which I got in contact with on LinkedIn and they both paid me in Bitcoin. One of the two companies allows their employees to work remotely, and it’s a company that is located in Ireland and they pay their staff with Bitcoin and PayPal.

This is a company with over a hundred employees working remotely, and imagine how much they will be sending out every month using bitcoin. That you haven’t gotten a client that pays you with Bitcoin doesn’t mean that there are none of them paying with Bitcoin, no there are many of them. And it’s not all about waiting for when clients will pay you with Bitcoin, you and your friends can also use it. It’s all your choice on whatever decision you want to make.

[Janation]

Currency or not I know a lot of people that earned something out of Bitcoin.

It is not something that they just earned but it also helped them when they are in their low point. I know that it is not literally Bitcoin's help, it is them but what I'm saying is that there are also those people that wanted to have some profit especially these hard times. Other people follow, demand goes higher, hence making those movements that may cause these pumps. These people are also merchants and own a store, they also considered accepting Bitcoin, although they are not that much but still, it is something.

[NavI_027]

Well if you guys say  bitcoin is a "investment" good luck with it...i am out of btc world ...as bitcoin is no longer a currency .

It's a currency for me  you just did not stumble or look for enough marketplace companies that accepts Cryptocurrrency and we are only at $12 k and yet you are already saying good bye

I can't blame OP if he is upset with the current path btc walking through. I admit that as time goes by it becomes more of a money than a currency. I'm not saying I hate it either, actually it's fine with me because I'm able to make profits. Hmm, I'm just wondering why seems OP doesn't learned to enjoy such opportunity.

But if you would imagine, btc's vision of cashless P2P transaction doesn't vanished, the progress is just slow since the majority are too focused harnessing its store of value feature. Nonetheless, it was there. Though few, you can still find stores and services that accept btc payments. Everyone should only be courageous to establish their own or at least find one nearby .

[philipma1957]

You can move your money using eth,ltc or any other crypto ...that does not justify the increase in price of a crypto

I didn't think I had to explain you that most shitcoins like eth are centralized and that ltc is just a copy of bitcoin so people prefer the original. Bitcoin solved the byzantine generals problem, it has the most secure network, it uses POW and so on.

When price of something increases means that there is more demand for that thing ...

How much demand can it be for crypto if there is no liquidity ... has zero use beside speculation,gambling,and money laundering .

-snip-

What i am saying is that it is false demand and some jerks are pumping the price ... question is how ? How is manipulating the crypto market ... ?

I partially agree that some of the volume might be manipulated but LOL you think speculation, gambling and money laundering don't bring any liquidity to the Bitcoin market? There are around 300k daily bitcoin transactions. That doesn't sound to me like there is no liquidity and there is no use for bitcoin.

I f..king build bitcoin and eth trading platforms ...when you build a trading platform then call me a troll ...

I don't call you a troll. It is evident that you are.  

When you get profits from those platforms are you going to socialize them?

USA will survive the economic crisis if it becomes a socialist country.

It's time for EUROPE to become SOCIALIST.

A socialist trying to profit from speculation. LOL.

ltc and doge very secure they are decentralized to some degree and have a lot of asics backing them.

btc = 10000 usd treasury bill
ltc = 500 to 10000 dollar sale
doge = 1 to 500 dollar sale.

if you use the three above you have a safe effective system for financial transactions of all sizes.

[seradj0]

just picking a shitcoin like ETH make this thread a troll

[Lucius]

how in the world is btc at $12.303,28?
there is nothing ,absolutely nothing to make btc from technical point worth so much ...
i am out of btc world ...as bitcoin is no longer a currency .

To your great regret (obviously) nothing apocalyptic has happened from what you have been poisoning the forum for months, so now you wonder how it is possible that the price is just that high?

If you deal a little less with apocalyptic theories, and read some true and real news, then you wouldn't ask why the price of BTC is above $12k. Have you perhaps heard of halving, Grayscale or Microstrategy? Maybe about US banks now can provide cryptocurrency custody services?

The fact that no one pays for your service with BTC is just a sign that you are not promoting your service in a good way, not that BTC has stopped being a currency.

[ampu]

Price 10k or 20k is not very important. Importantly, they are profitable for the investors. If bitcoin is so high that everyone is profitable, they'll all sell. Some people will think that the price is low and keep buying. Professional users of leverage love trading as bitcoin goes up and down. Volume matters in my opinion. As bitcoin has larger transaction volume, I am sure the market has put its faith in bitcoin and the crypto market.
Bitcoin is currently below $ 12k. When I look at the chart I realize that it is just a game of inflating prices and taking profits quickly.

[spy100]

how in the world is btc at $12.303,28?
there is nothing ,absolutely nothing to make btc from technical point worth so much ...
i am out of btc world ...as bitcoin is no longer a currency .

To your great regret (obviously) nothing apocalyptic has happened from what you have been poisoning the forum for months, so now you wonder how it is possible that the price is just that high?

If you deal a little less with apocalyptic theories, and read some true and real news, then you wouldn't ask why the price of BTC is above $12k. Have you perhaps heard of halving, Grayscale or Microstrategy? Maybe about US banks now can provide cryptocurrency custody services?

The fact that no one pays for your service with BTC is just a sign that you are not promoting your service in a good way, not that BTC has stopped being a currency.

Poisoning my ass ... dude when you played with your toys in the sand i was mining bitcoin with my desktop pc ...i don't think you ever heard of desktop pc's ...

you guys was lucky that i was out of the btc world for 5 years as i was doing something else ...The original bitcoin was not intended to be used by banks , centralized platforms or stuff like that ...  it was meant to be a decentralized cryto currency

Now your doing the opposite your centralizing it and turned it in to a Ponzi Scheme ,Pyramidal Game ... well good luck with your investment ... i am out of btc world, going to use paypal ,eth ,wu,mg,bank transfer as it's cheaper then bitcoin for me and my clients.

https://bitcoin.org/bitcoin.pdf

read the whitepaper ...before you talk as so called btc experts ...

[mu_enrico]

^ Price/value is subjective. You might feel $12k is too much, but there are many brainwashed people that feel the price would be one million $. At the end of the day, it's all depends on the perception of the masses. Your decision as an individual does not affect BTC price, but collective decision will.

[Twentyonepaylots]

Hi man, I'm starting to think you are a troll.

Sorry OP, but I do think the same too. You've been creating topics almost everyday without thinking it to yourself.

You are questioning why bitcoin isn't use to pay for services or products when you know it is volatile, and still cash is the best option for getting it done.

You start questioning things after you have been gone for 5 years,telling us that we're lucky coz you've been out for 5 years? how is that supposed to mean? Are you something else that we should be proud of being in here?

The basic supply and demand law will simply answer your question why in the world bitcoin is at $12,000.

[spy100]

Hi man, I'm starting to think you are a troll.

Sorry OP, but I do think the same too. You've been creating topics almost everyday without thinking it to yourself.

You are questioning why bitcoin isn't use to pay for services or products when you know it is volatile, and still cash is the best option for getting it done.

You start questioning things after you have been gone for 5 years,telling us that we're lucky coz you've been out for 5 years? how is that supposed to mean? Are you something else that we should be proud of being in here?

The basic supply and demand law will simply answer your question why in the world bitcoin is at $12,000.

Anyone can create as many topics as they want ... if you don't like it go to another forum ... this ain't your private chat room ... it's a forum .

[Lucius]

Poisoning my ass ... dude when you played with your toys in the sand i was mining bitcoin with my desktop pc ...i don't think you ever heard of desktop pc's

Given your current attitude, I wouldn't be surprised if you're still playing with toys in the sand - and that I've never heard of a desktop PC I won't even comment, I even have a few old models over 20 years old.

you guys was lucky that i was out of the btc world for 5 years as i was doing something else ...The original bitcoin was not intended to be used by banks , centralized platforms or stuff like that ...  it was meant to be a decentralized cryto currency

I agree we were happy you weren't here, because apart from burying this board with an incredible amount of worthless garbage, your contribution to the forum is zero.

Now your doing the opposite your centralizing it and turned it in to a Ponzi Scheme ,Pyramidal Game ... well good luck with your investment ... i am out of btc world, going to use paypal ,eth ,wu,mg,bank transfer as it's cheaper then bitcoin for me and my clients.

I am glad that we are getting rid of rotten apples, especially those who do not know how the fees work, so they pay 50 times more than they should. Your clients seem to be very desperate and undemanding people, my condolences to all of them for having to work with a person like you...

[bits4books]

how in the world is gold at $1957,20 USD?
there is nothing ,absolutely nothing to make btc from technical point worth so much ...

Nobody is using their gold to buy goods/services ,i know do to fact i am accepting gold and no clients via btc this month ...zero orders via gold. No real liquidity ..people are just hording.

I really hope i am not right about what i think it is as we will see gold worth 1-2 usd

And platinum at $2000....

Are people that stupid to forget that in March gold was at  1475 usd and platinum was at 590 usd .... ?

_______________________________________________________________________________ _____________

Does it remind you of anything?

[prehisto]

lol, so you have been for years and now suddenly BTC is not worth the money and your time. Suddenly the price is too high. Just take a look at Tesla and Apple they are overvalued as well! Yes, btc is overvalued but it is not suprise.

[Emitdama]

You sound like a confused person. Okay, let me guess, you started making use of Bitcoin when it was at the rate of $8,000?

Because I’m saying this based on the way you have explained it here. So, you didn’t know that there was a time Bitcoin was worth less than a dollar before getting to that $8,000 you’re talking, and you never bothered asking yourself how it even got to that amount from nothing?

You’re just confused and you don’t even know a thing about Bitcoin, I can see that, if you do you wouldn’t be saying this.

Anyway, making use of Bitcoin is not by force, the same way you have made up your mind to leave there are also people that left, but that never stopped he growth of Bitcoin.

[Rengga Jati]

It's cycle dude.
It is very normal for BTC to hit that rate and may be higher. Just see on the market chart. Although probably the news may also give the influence to the BTC price. But mostly, the market has its own change. In this case, never panic every time the price is down or up. But in this case, let's follow the market of BTC and find the chance to make profits every time you make it.

[STT]

Nobody is using their btc to buy goods/services ,i know do to fact i am accepting btc and no clients via btc this month ...zero orders via btc. No real liquidity ..people are just hording.

If this was conclusively proved it would be more useful to note and might be a good resource especially over time.   I think the quickest reference I've seen done of this nature is by checking google search activity for crypto and BTC and see if at least the audience interest is gaining.   I do agree volume counts for alot but also traders tell me many times only price pays, in that the price trading for a high you dont believe in does not disqualify it from being capable of rising further.
  The main problem is considering currencies a fixed unit or ratio of exchange, its been a long time since dollar kept a steady value.  It might be slower then BTC in its change but the biggest clue to alterations in prices is to consider the bias or trend in change for that unit and over time dollars decline hence prices will rise and are correct to do so.   I only really believe the large estimations for BTC can be true if the system improves and builds upon its transaction capability.

[carlisle1]

how in the world is btc at $12.303,28?

https://coinmarketcap.com/currencies/bitcoin/

there is nothing ,absolutely nothing to make btc from technical point worth so much ...

Nobody is using their btc to buy goods/services ,i know do to fact i am accepting btc and no clients via btc this month ...zero orders via btc. No real liquidity ..people are just hording.

I really hope i am not right about what i think it is as we will see btc worth 1-2 usd

And ethereum at $429,87 ....

Are people that stupid to forget that in March btc was at  8000 usd and eth  was at 130 usd .... ?

-------------------------------------------------------------

Well if you guys say  bitcoin is a "investment" good luck with it...i am out of btc world ...as bitcoin is no longer a currency .

Then why still posting about BTC if you are really out of it?Let us do what we want and you as well because we don't need your concern as we already know what we are doing,i don't know if you know what you are saying here.

It's cycle dude.
It is very normal for BTC to hit that rate and may be higher. Just see on the market chart. Although probably the news may also give the influence to the BTC price. But mostly, the market has its own change. In this case, never panic every time the price is down or up. But in this case, let's follow the market of BTC and find the chance to make profits every time you make it.

and there are some Big investors that enters the market again,maybe those are the past investors that waits for right timing like now.

look how the market stays in 5 digits value.

just picking a shitcoin like ETH make this thread a troll

OP had already decided,He is Out of BTC and maybe ETH also,and he may choose shitcoin over Bitcoin.