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Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates

 
Anonymous Coward
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United States
02/18/2021 10:16 AM
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Re: Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates
That CEO of Microstrategy is 110% all in on bitcoin.
Dude is wicked smart, and he makes very good arguments.
He could be wrong, or he could be right. I guess we'll find out eventually.

Funny thing about these bitcoin headlines, prices move so fast that they're practically obsolete by the time they trickle down to us.
 Quoting: CharlieFoxtrot


Can someone explain why this bitcoin has any value? I'm not trying to be an ass, but I just don't get it? It's based on what?
 Quoting: 4doggies


Bitcoin is the anti-thesis to phyiscal gold and silver.

Physical gold and silver is truly stored energy. If it's out of the ground and probably refined for whichever use THAT'S-IT! It's the perfect measurement-tool.

Bitcoin on the other hand uses-up energy without producing ANY PHYSICAL EQUIVALENT and the bigger the Crypto-Network is becoming, the more energy is being used up etc. Bitcoin is a fractal sucker of epic proportions. FIAT has many similarities - CRYPTO IS THE PERFECTION OF THE FIAT SCAM.
Anonymous Coward
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02/18/2021 10:16 AM
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Re: Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates
 Quoting: Anonymous Coward 78082809


LMAO SILVER Tards losing big.
Anonymous Coward
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Germany
02/18/2021 10:17 AM
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Re: Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates
could be that Texas is having power outages due to all the BITCOIN mining? already see the Government telling that and screwing you over
Anonymous Coward (OP)
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02/18/2021 10:18 AM
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Re: Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates
 Quoting: Anonymous Coward 78082809


What does this actually mean in plain dumbed-down language?
Anonymous Coward
User ID: 79307631
02/18/2021 10:18 AM
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Re: Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates
That CEO of Microstrategy is 110% all in on bitcoin.
Dude is wicked smart, and he makes very good arguments.
He could be wrong, or he could be right. I guess we'll find out eventually.

Funny thing about these bitcoin headlines, prices move so fast that they're practically obsolete by the time they trickle down to us.
 Quoting: CharlieFoxtrot


Can someone explain why this bitcoin has any value? I'm not trying to be an ass, but I just don't get it? It's based on what?
 Quoting: 4doggies


Bitcoin is the anti-thesis to phyiscal gold and silver.

Physical gold and silver is truly stored energy. If it's out of the ground and probably refined for whichever use THAT'S-IT! It's the perfect measurement-tool.

Bitcoin on the other hand uses-up energy without producing ANY PHYSICAL EQUIVALENT and the bigger the Crypto-Network is becoming, the more energy is being used up etc. Bitcoin is a fractal sucker of epic proportions. FIAT has many similarities - CRYPTO IS THE PERFECTION OF THE FIAT SCAM.
 Quoting: Anonymous Coward 79220975


What is the U.S. dollar? Backed by debts, print more when you need it, tax people more to pay for realeasing more fiat borrowed on interest from China and the central banks.
Anonymous Coward
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02/18/2021 10:19 AM
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Re: Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates
could be that Texas is having power outages due to all the BITCOIN mining? already see the Government telling that and screwing you over
 Quoting: Anonymous Coward 319997


EPICLOL

WHAT? Dude put down the crack pipe.
Visitor
User ID: 78037273
United States
02/18/2021 10:19 AM
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Re: Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates
Bitcoin is the major step into the total "command and control" digital economy.

When Goldman Sachs and JP Morgan (who literally ARE the Federal Reserve) is getting involved, you know a major paradigm shift is about to happen.

My guess is bitcoin is an intermediary step between cash and the total digital economy. There will be a new crypto, created and managed by the Fed Res/World Bank/IMF etc, that all the big players will jump ship to and bitcoin will crash, leaving those out of the loop of the "when" this transition comes penniless.

This is a good chance to make a quick buck while protecting your purchasing power if you stay on the ball and see where the wind is blowing. Because any way you cut it, the US dollar is done. Unsustainable. Inflation is already through the roof and only going to get worse. Money in a savings account is pointless.

Fact is, all the precious metals are gone. There will never be a "gold backed dollar" as it would inhibit the big players from continuing their scam. Gold and silver will rise in relation to the dollars drop, but there just isn't enough out there to cover the sheer amount of fiat dollars in circulation.

If you want to take the chance, this is the last opportunity to get into the crypto game before the prices become prohibitive. But be on the ball and know that a time will come where the transfer of wealth from bitcoin into "X digital currency" is coming. Knowing when to jump ship with the big players is key.
 Quoting: Anonymous Coward 43470531

ECB President Christine Lagarde Says 'It's out of the Question' That Central Banks Would Hold Bitcoin
 Quoting: Visitor 78037273


While the secretly hoard it.
 Quoting: Anonymous Coward 79307631


Nope. Everyone told you from day one XRP is the banker's coin.

Yet, bitcoin maximalists want to ignore the international monetary fund's settlement choice.
Anonymous Coward
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United States
02/18/2021 10:20 AM
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Re: Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates
The “digital economy” seems great...unless the power grid gets fried and digital goes away.

I would like to have tangible, real assets too.

It’ll be tough to barter with a Bitcoin.
 Quoting: An Average American Patriot


No Power = No Bitcoin.
Anonymous Coward
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02/18/2021 10:20 AM
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Re: Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates
I'm telling something is wrong


every alt shit coin is supposed to be double what it is now.

when bit coin goes up it takes the shit coins with them, but the shit coins stay the same and you can't make money
 Quoting: Anonymous Coward 66321698


ADA Cardano..
ChefElvis

User ID: 13147426
United States
02/18/2021 10:20 AM

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Re: Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates
shoon:lambo:
A legend in my own mind
Anonymous Coward
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02/18/2021 10:20 AM
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Re: Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates
They manipulate and suppress the price of silver and gold to fool people into thinking fiat is holding its value. Gold and silver are the canaries in the coalmine, but they have been captured and hidden and their warnings cannot be seen.

Bitcoin is not under their control. So as more wealth flees the dollar and into Bitcoin, it becomes the new canary to warn about the dollar.

Gold and silver should be taking off. They are, but it's hidden. Have you seen premiums? It's $13 premium on top of spot for silver eagles. Physical price is decoupling from the paper market.

But the biggest warning is coming from Bitcoin. Actual companies are now taking dollars and buying Bitcoin. Tesla just made more money on Bitcoin that it did selling cars all last year.
 Quoting: Anonymous Coward 2492899


you're funny. Bitcoin's worth is measured in FIAT.
Anonymous Coward
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02/18/2021 10:20 AM
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Re: Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates
 Quoting: Anonymous Coward 78082809


What does this actually mean in plain dumbed-down language?
 Quoting: Anonymous Coward 79647446


Please buh muh silver stonks.
Anonymous Coward
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United States
02/18/2021 10:21 AM
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Re: Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates
Retards will spend $10 on lottery tickets and not blink but put $10 in Bitcoin?
IT'S A PONZI SCHEME!!!
IT'S A SCAM!!!
IT'S GOING TO COLLAPSE AND YOU'LL LOSE YOUR ASS!!!


epiclol
epiclol
epiclol


















epiclol
Anonymous Coward
User ID: 78082809
Italy
02/18/2021 10:21 AM
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Re: Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates
 Quoting: Anonymous Coward 78082809


What does this actually mean in plain dumbed-down language?
 Quoting: Anonymous Coward 79647446


Tehter + USDC printing money with no transparency to pump up bitcoin

Bitfinex + Coinbase will be dead after shit hits the fan
Anonymous Coward
User ID: 319997
Germany
02/18/2021 10:21 AM
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Re: Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates
could be that Texas is having power outages due to all the BITCOIN mining? already see the Government telling that and screwing you over
 Quoting: Anonymous Coward 319997


:EPICLOL

WHAT? Dude put down the crack pipe.
 Quoting: Anonymous Coward 79307631


dude i'm being sarcastic and satiric

but can't say one day that will not become the agenda, truth

cruise
Anonymous Coward
User ID: 79307631
02/18/2021 10:21 AM
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Re: Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates
Bitcoin is the major step into the total "command and control" digital economy.

When Goldman Sachs and JP Morgan (who literally ARE the Federal Reserve) is getting involved, you know a major paradigm shift is about to happen.

My guess is bitcoin is an intermediary step between cash and the total digital economy. There will be a new crypto, created and managed by the Fed Res/World Bank/IMF etc, that all the big players will jump ship to and bitcoin will crash, leaving those out of the loop of the "when" this transition comes penniless.

This is a good chance to make a quick buck while protecting your purchasing power if you stay on the ball and see where the wind is blowing. Because any way you cut it, the US dollar is done. Unsustainable. Inflation is already through the roof and only going to get worse. Money in a savings account is pointless.

Fact is, all the precious metals are gone. There will never be a "gold backed dollar" as it would inhibit the big players from continuing their scam. Gold and silver will rise in relation to the dollars drop, but there just isn't enough out there to cover the sheer amount of fiat dollars in circulation.

If you want to take the chance, this is the last opportunity to get into the crypto game before the prices become prohibitive. But be on the ball and know that a time will come where the transfer of wealth from bitcoin into "X digital currency" is coming. Knowing when to jump ship with the big players is key.
 Quoting: Anonymous Coward 43470531

ECB President Christine Lagarde Says 'It's out of the Question' That Central Banks Would Hold Bitcoin
 Quoting: Visitor 78037273


While the secretly hoard it.
 Quoting: Anonymous Coward 79307631


Nope. Everyone told you from day one XRP is the banker's coin.

Yet, bitcoin maximalists want to ignore the international monetary fund's settlement choice.
 Quoting: Visitor 78037273


Xrp...laugh Fuck man, the people on this forum are hopeless.
Anonymous Coward
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Italy
02/18/2021 10:22 AM
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Re: Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates
90% of the exchange might not recover after the crash
Anonymous Coward
User ID: 32686183
United States
02/18/2021 10:22 AM
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Re: Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates
 Quoting: Anonymous Coward 78082809


no they're not.

[link to www.centre.io (secure)]
Anonymous Coward
User ID: 79307631
02/18/2021 10:23 AM
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Re: Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates
90% of the exchange might not recover after the crash
 Quoting: Anonymous Coward 78082809


90% of the exchange might not recover after the crash
 Quoting: Anonymous Coward 78082809


Except Bitcoin which will probably be worth millions.
Anonymous Coward
User ID: 79144438
02/18/2021 10:28 AM
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Re: Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates
They manipulate and suppress the price of silver and gold to fool people into thinking fiat is holding its value. Gold and silver are the canaries in the coalmine, but they have been captured and hidden and their warnings cannot be seen.

Bitcoin is not under their control. So as more wealth flees the dollar and into Bitcoin, it becomes the new canary to warn about the dollar.

Gold and silver should be taking off. They are, but it's hidden. Have you seen premiums? It's $13 premium on top of spot for silver eagles. Physical price is decoupling from the paper market.

But the biggest warning is coming from Bitcoin. Actual companies are now taking dollars and buying Bitcoin. Tesla just made more money on Bitcoin that it did selling cars all last year.
 Quoting: Anonymous Coward 2492899


you're funny. Bitcoin's worth is measured in FIAT.
 Quoting: Anonymous Coward 79220975


What do you think will be Bitcoins worth after the reset ? If the dollar still exists 1'000'000 dollars per bitcoin ? What will be the cost of a physical car by then (remember, producing a physical car needs energy - as does the production of non-physical-bits and bytes which doesn't has a physical equivalent, just 'nothing'). I tell you. After the reset, even if you are in possession of all bitcoins in existence, you will not be able to buy a car with it, not even the cheapest.
Anonymous Coward
User ID: 78082809
Italy
02/18/2021 10:29 AM
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Re: Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates
 Quoting: Anonymous Coward 78082809


no they're not.

[link to www.centre.io (secure)]
 Quoting: Anonymous Coward 32686183


2021 looks great
2012Portal
2012Portal - Mayan Beyond 2012

User ID: 15022013
Netherlands
02/18/2021 10:30 AM

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Re: Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates
That CEO of Microstrategy is 110% all in on bitcoin.
Dude is wicked smart, and he makes very good arguments.
He could be wrong, or he could be right. I guess we'll find out eventually.

Funny thing about these bitcoin headlines, prices move so fast that they're practically obsolete by the time they trickle down to us.
 Quoting: CharlieFoxtrot


Can someone explain why this bitcoin has any value? I'm not trying to be an ass, but I just don't get it? It's based on what?
 Quoting: 4doggies


The Mayan's valued and traded with sea shells.
From the love of power to the power of Love - My camera and video gear:
[link to graphicstart.com]
--- --- ---
"Jesus Christ, the Son of God our Savior"
Anonymous Coward
User ID: 79144438
02/18/2021 10:35 AM
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Re: Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates
That CEO of Microstrategy is 110% all in on bitcoin.
Dude is wicked smart, and he makes very good arguments.
He could be wrong, or he could be right. I guess we'll find out eventually.

Funny thing about these bitcoin headlines, prices move so fast that they're practically obsolete by the time they trickle down to us.
 Quoting: CharlieFoxtrot


Can someone explain why this bitcoin has any value? I'm not trying to be an ass, but I just don't get it? It's based on what?
 Quoting: 4doggies


The Mayan's valued and traded with sea shells.
 Quoting: 2012Portal


yep and those sea shells were physical and probably still are there. Again, bitcoin has NO PHYSICAL EQUIVALENT AT ALL.

Bitcoin is like you going back to the sea shells barter time and telling the seashell seller that you take 5 seashells for NOTHING. If the seashell seller might have a strange kind of humor, he'd probably give you those 5 seashells cause he recognizes that you've used a lot of thinking-energy to come up with that scam.
Anonymous Coward
User ID: 80052843
United States
02/18/2021 10:37 AM
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Re: Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates
Nice try at fud, that Twitter user is retarded it’s all there online.
Anonymous Coward
User ID: 79948394
United States
02/18/2021 10:37 AM
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Re: Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates
bitcoin is the purest definition of a PONZI SCHEME

the whole thing will keep on going while there are suckers that keep pumping the money in and keeping the system sustainable

one day, the same way it hit record heights, it will even more mightier carsh and burn

until then, the mob, criminals will keep using it to launder their illegal, shady, black money and pumping the system

once the Government starts taxing your withdrawals and other general transactions epic

epiclol
 Quoting: Anonymous Coward 79012326


Sounds like you don't know what a ponzi scheme is. Please share your definition and let's analyze.

Bitcoin gains are already taxed. In the US it's treated as a commodity.
 Quoting: Anonymous Coward 79732732


Tell us what happens to the price when people quit buyin in ok???
Anonymous Coward
User ID: 80057344
United States
02/18/2021 10:43 AM
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Re: Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates
Lol at all the people who said bitcoin was worthless and meanwhile tons of people have paid off their houses with it cruise

I missed the bitcoin train but I'm all in on Ethereum we going to the moon baby! Farting ki
Anonymous Coward
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United States
02/18/2021 10:44 AM
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Re: Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates
Retards will spend $10 on lottery tickets and not blink but put $10 in Bitcoin?
IT'S A PONZI SCHEME!!!
IT'S A SCAM!!!
IT'S GOING TO COLLAPSE AND YOU'LL LOSE YOUR ASS!!!


epiclol
epiclol
epiclol


















epiclol
 Quoting: Anonymous Coward 78896453


That's why they'll always be broke retards bro epiclol
Anonymous Coward
User ID: 75308723
United States
02/18/2021 10:45 AM
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Re: Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates
Not crypto mania. Fiat collapse mania.
 Quoting: Anonymous Coward 78855404


hesright
Anonymous Coward
User ID: 76815515
02/18/2021 10:57 AM
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Re: Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates
Alright guys, I'm looking at taking the plunge into bitcoin or some other coin.

I have a few questions,

1. What are some of the coin purchasing platforms you would recommend

2. What does the short term future for bitcoin look like (should I jump in now or wait a sec for a dip to occur)?

3.What other coins should I be considering? LTC,ETH,XRP,ect...



Is it still viable to mine for some type of coin? Back in the early days of coin I'd mine bitcoin with an old I7 and make a decent profit but I doubt it's the same anymore.

Thanks
2012Portal
2012Portal - Mayan Beyond 2012

User ID: 15022013
Netherlands
02/18/2021 10:57 AM

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Re: Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates
That CEO of Microstrategy is 110% all in on bitcoin.
Dude is wicked smart, and he makes very good arguments.
He could be wrong, or he could be right. I guess we'll find out eventually.

Funny thing about these bitcoin headlines, prices move so fast that they're practically obsolete by the time they trickle down to us.
 Quoting: CharlieFoxtrot


Can someone explain why this bitcoin has any value? I'm not trying to be an ass, but I just don't get it? It's based on what?
 Quoting: 4doggies


The Mayan's valued and traded with sea shells.
 Quoting: 2012Portal


yep and those sea shells were physical and probably still are there. Again, bitcoin has NO PHYSICAL EQUIVALENT AT ALL.

Bitcoin is like you going back to the sea shells barter time and telling the seashell seller that you take 5 seashells for NOTHING. If the seashell seller might have a strange kind of humor, he'd probably give you those 5 seashells cause he recognizes that you've used a lot of thinking-energy to come up with that scam.
 Quoting: Anonymous Coward 79144438


Do you have a $1 in your pocket? That bill is actually worth less than the value of the paper it is printed on. Let that, like the ink on it, sink in.

Monetary value is velocity.
From the love of power to the power of Love - My camera and video gear:
[link to graphicstart.com]
--- --- ---
"Jesus Christ, the Son of God our Savior"





GLP