VOLGASTALLION CONTESTS DISCUSSION THREAD

[Volgastallion]

If everyone is pessimistic and shorting Bitcoin, that's also a good basis for price growth. 🙋

It seems that traders and investors are very upset that the Clarity Act wasn't passed and that the Fed raised rates...

However, there's another way to look at it! Cryptocurrencies in the US are now essentially operating in a gray area (which is good for them). Inflation in the US (and worldwide) is high. A small rate hike by the Fed won't have any impact on this.

At the same time, everyone understands that Bitcoin is extremely oversold. Miners are suffering losses (or at least very close to it). The world is in great turmoil. The traditional financial system is malfunctioning (in fact, it's simply limping along on derivatives). Bitcoin is a bet against the US dollar and against the traditional financial system (at least that's how it always was).

 So perhaps there are enough reasons for Bitcoin's price to rise now.🧖

Yes i read someguys talking like you, like they are happy that the Clarity act didnt pass.

The part about a bet against US dollar, well i think that is real but i also think is one of the easiest things to win right now, the US dollar keep losing worth/value everysingle day and it seems like its not gonna change in the near future, all the politics and monetary movements indicates it.

So where is the ATH at current prizes now? Im talking about inflation-adjusted.

[Volgastallion]

Did anyone think im dead? Did anyone think i forget about this contest? Did anyone think i forget about the forum? No no guys i was just..... doing my things, and the alarm sound " you need to update the contest", so i rush to my computer and start to see who is the survivor of this first round, and only 4 users are still standing.

Most of the users went bearish in this first phase but that was not enough to survive since a lot of them went super bearish and went out of the 10k threshold.

Welll with no more silly talks here it is the summary and results.



OUT

Code:

bitmover
philipma1957
vapourminer
Smartprofit
LoyceV
julerz12
Mr. Magkaisa
Yamane_Keto
GazetaBitcoin
buwaytress
xLays
xandry
Pmalek

Keep going for the prize and still alive.

Code:

cryptofrka
theymos
ralle14
NeuroticFish

See you all around guys, im gonna try to not "dissapear" until the next milestone of our competition.

PS: when i tried to log in yesterday i saw the php issue was being updated and i think to myself "maybe the signature ban get loss in the update" 

[cryptofrka]

Crush the bears

[LoyceV]

Did anyone think im dead? Did anyone think i forget about this contest? Did anyone think i forget about the forum?

I had forgotten about this contest until it popped up again. And I'm out
At least I was close. If the Bitcoin price gets this close to my third prediction, we'll all be very happy