serjent05
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March 13, 2024, 10:01:15 PM |
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Like any of the earlier replies, I find it absurd to think that whales planned the spread of COVID just to buy cheap BTC. The price of Bitcoin is observed to get a new height every cycle so there is no news when Bitcoin hit its new ATH but surprisingly it is too early as many of us expected. I think people laughed on you because you accused the whales hired corrupt doctors to spread Corona virus. The whales don't need to make Covid to dump the price, they only need to spread fake news about Bitcoin ban in certain countries in the world. They just paid few dollars to the big media to spread the news, they don't need to play huge dollars for corrupt doctors.
True that! People laugh at the conspiracy theory that whales spread COVID to enable them to buy cheap BTC. Honestly, I still laugh at the theory that whales spread COVID to force people to sell BTC at cheaper price. I just can't get the reason why whales should do that since they can FUD the market with cheaper methods than hiring corrupt doctors as @OP had stated.
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Dr.Bitcoin_Strange
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March 13, 2024, 10:30:07 PM |
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OP, based on your assumption that whales were the people who connived and created the COVID-19 pandemic, I highly disagree with you, mate, on that assumption. Did you forget that there were other market crashes even before that of 2019? In the previous market crashed before 2019, would you also assume that the whales of then teamed up and created something that caused the market to crash? Following the Bitcoin halving of 2020, investors who were already experienced in Bitcoin should have known better that every halving usually gives birth to a new all-time high and price surge.Even in 2020, some states in some countries were on lockdown because of the COVID, but yet the price of Bitcoin still became positive due to the halving event, and it surged to a new ATH in 2021 when the COVID was calm.
What I understand is that during every bear season, some ugly events and FUDs usually unfold themselves, just to cause a dump in the market, and my question is, what is going to be the next event of the bear market to come after this bull season? Whatever happens, let's not forget to keep holding and accumulate more when the price dips hard.
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Stalker22
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March 13, 2024, 10:30:27 PM |
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In early days of Covid I wrote this: Everyone laughed at me Btc was 3k$.
Dude, everyone is still laughing at you! For the sake of argument, lets say your conspiracy theory is true. How much do you think those Bitcoin whales made from that? You best guess? You mentioned 1,000 BTC. At a price of $10,000, thats $10 million. Lets say its tens of thousands of BTC, thats hundreds of millions of dollars. Do you think thats enough? Are you aware that several major pharmaceutical companies like Pfizer, BioNTech, and Moderna have raked in tens of billions of dollars from COVID-19 vaccines? Reports suggest a combined pre-tax profit of $34 billion in 2021 alone ( source). Can you even grasp that amount of money? So next time, if you want to have fun with far-fetched conspiracy theories, at least try to use what little brain you have and use some logic that actually makes sense. Maybe then people wont laugh at you that much. (BTC was never $3k in 2020, btw. Check your facts.)
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Hamza2424
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March 13, 2024, 10:59:22 PM |
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I agreed, BTC rised very hard after Covid.
4 Years ago they called me crazy psycho. Haha.. What should we call you now? Does it make any sense, that a virus and natural sister can be crated just to make money even if I used to think out of the box or even out of the matrix how is it even possible and why it didn't get exposed by someone, and Bitcoin is at 73k what it has to do with the COVID, and yup after COVID crypto just blown up because people were mentally ready to expose them self while taking risks and making money because this was what they've explored during the lock down, the entire freelancing system got a new age and recognization because that was the need on that time. Haha, and I'll be right back here after taking a bath because its super early morning, and I don't want COVID affecting me because I haven't taken a bath haha just a joke.
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stompix
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March 13, 2024, 11:54:26 PM |
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4 Years ago people laughed at me b
4 years later, people still laughing cause you're so good at making a laughing stock out of yourself! In case anyone has missed: Whales Sold 1000 BTC at 10k$ 2 months ago, Now they Re Buy BTC at 4K$ and now they have 2500 BTC.
Imagine those whales, developing viruses, bribing doctors, governments, eveything to buy Bitcoin cheap, when instead of doing all this they could have just bought more Bitcoins one year earlier as in 2019 Bitcoin's price was lower than when the lock-down crash hit. I agreed, BTC rised very hard after Covid.
4 Years ago they called me crazy psycho. Funny how this "newbie" has the same habit as you, using red fonts, and as a pure coincidence, just like you it was previously active in May 2023...
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Darker45
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March 14, 2024, 12:06:07 AM |
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So how is your post made years ago right? Yeah, the price of Bitcoin right now is above $73,000, but did your post in any way predict this? Despite the rise in the price of Bitcoin since then, your post remains wrong. Everyone laughed at you back then, when the price of Bitcoin was around $5,000, because of your tinfoil hat. And if you insist that your post proved to be right in the end, everyone would still be laughing at you. By the way, did you buy at $5,000 in 2020?
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Bananington
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March 14, 2024, 12:51:57 AM |
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...By the way, did you buy at $5,000 in 2020?
That was the first question I had in mind before reading this your comment. It would have made more sense if our OP had acquired some BTC as at then in 2020, because am sure this post would have sounded more different in the terms of telling us the story of how he made the post, people laughed, he bought some coins and fast forward to date, he is now well made due to the pumping price of BTC currently. Or in another sense he bought during that time and sold the coins along the way or maybe he just diversified the coins to another investment. Am just curious to know if people were right to laugh back then as they would now, knowing the person who made the post never benefitted from the BTC investment market but only did so in the aspect of making the right post at that time.
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Furious 7
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March 14, 2024, 01:13:06 AM |
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Looks like you are living in conspiracy mate lol. Although I know that the price of bitcoin is indeed more or less affected, especially by the covid problem, but in the end saying clearly that Covid was created by the popes without any concrete evidence and only based on unfounded suspicions, there is nothing wrong with the attitude of some people who laugh at you.
You started yourself as a joke so don't blame others too much buddy because even though what you say may be true in your version but it will not be believed if there is no real concrete evidence that will support your words. If indeed the current increase and the previous decrease are considered only because of the popes in manipulation especially by putting forward covid as the main reason then I don't think we are too naive to believe without any really valid and reliable evidence.
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Oasisman
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March 14, 2024, 02:35:29 AM |
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I don't recall bitcoin plummeted down as low as $3k, you must have been mistaken It wasn't in 2020 It was around in 2018 where the prolonged bear market occurred. Bitcoin was barely even affected by the Covid or the lock downs. If I remember it correctly, the price stabilized at certain point during the peak of covid and the lock down, then it went back up again in the 4th quarter of 2020. So, I don't think the Covid pandemic was created to bring bitcoin down. We all believe in whales who's trying to manipulate the market, but creating a pandemic like covid-19 solely for the whales to buy at a lower price is just too much and exaggerated. Conspiracy theorist believe Covid19 was created to destroy the world economy and earn billions off from PPEs, sanitizers, and vaccines. If the conspiracy theory was true, bitcoin for sure takes no part of it. So, I don't blame people from 4 years ago who laughs at you. They might be laughing again this time for bringing this one up again.
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adaseb
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March 14, 2024, 04:17:18 AM |
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It wasn’t only weak hands selling crypto. There was tons of people who dumped their stocks at the lows because they feared the New York stock exchange wouldn’t function anymore.
There was tons of people with their 401k who sold also at the Covid bottom because the government gave some incentives to cash out their retirement since money was tight.
And what happened a couple of weeks later. We got a crazy rally. Many people sold those days. Now everyone looks back and feels like an idiot.
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pooya87
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March 14, 2024, 05:26:38 AM |
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What's next? are you going to predict the sun is going to come up the next morning every night? LOL
If you have ever looked at the bitcoin charts you could have seen that we have a lot of these big crashes and big rises many of which were bigger than the pandemic induced crash.
After the recession caused by the pandemic, the drop in bitcoin was somewhat predictable. The same way this latest crash when the recession began 2 years ago was predictable. It is also natural to see price go back up after such crashes, since bitcoin has still not reached mass adoption so the big rallies is ensured since the adoption is still increasing a lot more than the existing supply.
P.S. By the way people weren't and aren't laughing at you because what you said is crazy but because you did not provide any evidence, even any logic for your claims. Just saying "they benefited from the crash so they must have caused it" is not going to convince anyone. Instead it would lead to your ridicule.
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Jawhead999
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March 14, 2024, 05:27:04 AM |
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Now BTC is 73K and everyone understand Im right.
Right in what? you were create an absurd story of corrupt doctors to spread Corona virus, so how to verify if your claims are right or wrong? People weren't laugh to you if buying Bitcoin price at $5K was bad, I'm sure most people know how valuable is Bitcoin and didn't surprise when Bitcoin keep making new ATH. 4 years ago, Bitcoin price was already above $20k. When it dropped to $3k - $4k? I didn't see the Bitcoin price below $10k in 2020. I think you forget to check the price history, dude.
There was, the lowest was at $5K~
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3kpk3
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March 14, 2024, 05:40:59 AM |
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Your statements are hilarious op. BTC rising like crazy does not prove that your theory was right in any way whatsoever since it's an insane theory to begin with without any proper evidence to support it.
BTC has proven over time that it always rebounds nicely after big dips for various reasons. Stop connecting those dips and surges to nonsensical stuff.
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Kakmakr
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March 14, 2024, 06:09:50 AM |
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How do you bring the price increase of Bitcoin into a scenario where you want to use that as proof that whales funded the development of the Covid virus?
If you said that "Big Pharma" developed the virus to profit from the jab that they created, then that would make more sense, but to say that BTC whales would do this to manipulate the market, is a bit too far fetched for me.
Bitcoin whales can simply manipulate the markets with joint collaboration to syncronize their trades. (They dump together when the price is high and they pump together when the price is low)
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alexey14 (OP)
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March 14, 2024, 06:51:31 AM |
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Now BTC is 73K and everyone understand Im right.
Right in what? you were create an absurd story of corrupt doctors to spread Corona virus, so how to verify if your claims are right or wrong? People weren't laugh to you if buying Bitcoin price at $5K was bad, I'm sure most people know how valuable is Bitcoin and didn't surprise when Bitcoin keep making new ATH. 4 years ago, Bitcoin price was already above $20k. When it dropped to $3k - $4k? I didn't see the Bitcoin price below $10k in 2020. I think you forget to check the price history, dude.
There was, the lowest was at $5K~ Funny thing is, those who are laughing at me can't even see the price of Bitcoin in March 2020. here is proof: Coinmarketcap will not show you the excat price. you have 4 start in your profile and you dont even know the basic yet.
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Hewlet
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March 14, 2024, 07:01:51 AM |
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In early days of Covid I wrote this: Everyone laughed at me Btc was 3k$.https://bitcointalk.org/index.php?topic=5233202.msg54038680#msg54038680Now BTC is 73K and everyone understand Im right. I also wrote other topics which is strange for many in the first day but later they will understand the truth. Covid Crash is a famous event in history, On that day, the price of Bitcoin dropped more than 50% in less than a few hours and many people sold it and In fact, they gave their bitcoins to whales as a gift. if you had told me this at the time you claimed to have posted it, I wouldn't have believed you also. I know people can be selfish to get wealth but it doesn't make any sense that you will do such thing just to dump th price of Bitcoin only to buy it at that bearish season. It's even as though you're writing a catton script. True, the global COVID 19 pandemic had effect all all sectors of life and those than made the right plan and leveraged on the advantage of the seasons to investing into assets that dumped momentarily at that time were at serious profit years after which I believe has nothing to do with a single individual or initiatives. If people knew in March 2020 that the price of Bitcoin would reach $69,000 within a few months, would they have sold it?
yes! Those that sold there holding at the time of the COVID pandemic did so basically because they needed to stay alive to even talk about their investment. Maybe some of them were working in an environment that was exposed and couldn't do so because of the lockdown and needed to survive throughout the season. Even if they were 💯 certain that in a years time, Bitcoin will get to $100k, it wouldn't make any difference to them at all. During the pandemic, what was important was just how to survive and every other thing was never looked at as anything of value.
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Y3shot
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March 14, 2024, 07:32:43 AM |
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When the price of bitcoin drop during the covid many people thought that the price of bitcoin is will never rise again, and because of how the covid disease was deadly many people just gave up on bitcoin it was the end of bitcoin but for those who understands bitcoin very well they were not distracted with the covid that was affecting the price of bitcoin, instead they believe in bitcoin and held their faith very strong. In the past many people believe bitcoin will crash but for those that understand it very well will keep hodling it.
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Nrcewker
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March 14, 2024, 07:40:48 AM |
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I agreed, BTC rised very hard after Covid.
I don’t think Covid is anyhow related here. The price of Bitcoins depends on us the users only. If more people demand to buy the coin, then price goes up. If more people sell it, then price goes down. This is the never ending process. This happens as Bitcoins are limited in numbers and more bitcoins cannot be produced or created. This is just an excuse that covid really helped to boom the coin. Before covid Bitcoins were around 500$, but still it crossed 10k usd at that time. So this all is happening due to the concept of supply and demand.
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Jawhead999
Legendary
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Activity: 1820
Merit: 1205
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March 14, 2024, 08:58:56 AM |
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Funny thing is, those who are laughing at me can't even see the price of Bitcoin in March 2020. here is proof: Coinmarketcap will not show you the excat price. you have 4 start in your profile and you dont even know the basic yet. Obviously Coinmarketcap will not show the $3K price because the price are tracked from many exchanges. If you're track Bitcoin price by using one exchange, I could reject your words for saying Bitcoin price was $73K yesterday, it should be $77K and Bitcoin ATH already reach $93K. But this is not something we need to debate because 1 BTC = 1 BTC. https://bisq.markets/
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Silberman
Legendary
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Activity: 2688
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March 14, 2024, 09:08:09 AM |
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In early days of Covid I wrote this: Everyone laughed at me Btc was 3k$.
Now BTC is 73K and everyone understand Im right. I also wrote other topics which is strange for many in the first day but later they will understand the truth. Covid Crash is a famous event in history, On that day, the price of Bitcoin dropped more than 50% in less than a few hours and many people sold it and In fact, they gave their bitcoins to whales as a gift. If people knew in March 2020 that the price of Bitcoin would reach $69,000 within a few months, would they have sold it?
Funny thing is, those who are laughing at me can't even see the price of Bitcoin in March 2020. here is proof:
You were wrong then and you are wrong now, whales do not need to create world panic just to get some coins, whales can just take advantage of their enormous power and use it directly to sink the markets if they want, the covid pandemic was just one of the opportunities they took advantage and it worked very well for them, whales do not really need to create some convoluted plan to take our coins when they can do so directly and more efficiently by just scaring weak hands with their FUD.
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