Bitcoin just interacted with its old all-time high | |
Anonymous Coward User ID: 79701935 Canada 11/30/2020 03:43 PM Report Abusive Post Report Copyright Violation | |
President Erect
(OP) User ID: 79703937 Germany 11/30/2020 03:49 PM Report Abusive Post Report Copyright Violation | "stabilize" is the wrong word in the context of Bitcoin. It will be a wild ride. I would sell at 300k and then wait until it comes close to the trend line again (60k? 40k? 30k?) before beginning to buy again. And then in the next wave in a few years ride it to 3 Million. Last Edited by President Erect on 11/30/2020 03:51 PM |
Anonymous Coward User ID: 75619407 United States 11/30/2020 03:51 PM Report Abusive Post Report Copyright Violation | Electricity goes out from an EMP and the system could be abandoned where everyone has nothing. Quoting: Anonymous Coward 76799292 But then again, people have been trusting paper dollars with nothing backing them. nope. Bitcoin code is in the svalbard vault (resembles the Arctic seed vault) and there are already satellites in space that support bitcoin Doomsday Vault in Norway? |
Anonymous Coward User ID: 78356753 United States 11/30/2020 03:52 PM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 79338501 United States 11/30/2020 04:10 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79373377 United States 11/30/2020 04:10 PM Report Abusive Post Report Copyright Violation | Electricity goes out from an EMP and the system could be abandoned where everyone has nothing. Quoting: Anonymous Coward 76799292 But then again, people have been trusting paper dollars with nothing backing them. Not an issue at all...Coinbase constantly backs up their account data into cold storage in the event of a mass power outage. |
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Yete420
User ID: 79494689 Canada 11/30/2020 04:39 PM Report Abusive Post Report Copyright Violation | |
Fhirinne
User ID: 79463692 United Kingdom 11/30/2020 04:56 PM Report Abusive Post Report Copyright Violation | One day all bitcoins ground breaking tech Quoting: hwy_ho Will become government property All because at the top of bitcoins pyramid It's deepstate controled Till then I will always kick myself in the ass. For not buying in at 2.30 I wouldn't be surprised if the deep state got rekt trading BTC. This isn't theirs, it is ours. Big banks and corps all have tons of BTC! You are the CEO of your own wellness. You need to take back your health from the disease-care system |
jlee2027
User ID: 33981429 United States 11/30/2020 04:59 PM Report Abusive Post Report Copyright Violation | |
President Erect
(OP) User ID: 79703937 Germany 11/30/2020 06:06 PM Report Abusive Post Report Copyright Violation | Bitcoin is not about electrons in a spreadsheet. The Bitcoin network has value because it delivers services that are not possible otherwise. To make use of these services you need to get hold of some of its units of account which are of finite supply, therefore these units have intrinsic value. |
Anonymous Coward User ID: 79623806 United States 11/30/2020 06:18 PM Report Abusive Post Report Copyright Violation | It's all a pump and dump. Quoting: jlee2027 There is no intrinsic value to electrons on a spreadsheet. What an idiot. Nothing has intrinsic value. Value is ascribed by humans. For those of you who don't understand what you should be doing, it is buy low, sell high and when you sell, buy gold or silver. Don't keep everything in crypto, diversify! |
Anonymous Coward User ID: 79623806 United States 11/30/2020 06:56 PM Report Abusive Post Report Copyright Violation | This is a possible path for BTC. This based upon past trends and behavior. It is NOT a guarantee. YMMV. [imgur] [link to imgur.com (secure)] |
President Elect LJS
Forum Administrator 11/30/2020 06:57 PM Report Abusive Post Report Copyright Violation | We could easily go to 200-300k next year and in retrospect that would look like a totally expected continuation of the trend: Quoting: President Erect [link to www.tradingview.com (secure)] It could bounce back to the green line and take until 2021 until it finally breaks but when it breaks we will be in 6-figure-territory almost guaranteed. The large 3-year triangle has already been broken (after the covid anomaly did not manage to kill it), so this is hyper bullish. I think we will see six figures in the next year, or two, as well. Fate whispers to the warrior "You cannot withstand the storm" the warrior whispers back "I am the storm" INTJ-A |
President Erect
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