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this bitcoin prediction came true, 2 months in a row!

 
Glaxnor

User ID: 80016966
Canada
10/01/2021 07:53 AM
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Re: this bitcoin prediction came true, 2 months in a row!
...


no, I do too. I'm liking those numbers for Oct, Nov and Dec!!!
 Quoting: Canadian mom


not gonna happen. the energy crisis will slam bitcoin hard
 Quoting: mr dull socks


Somehow being able to mine less bitcoin, reducing the supply, is going to make the price go down?
 Quoting: Sol-Kathos


yes, because you couldnt transact with it or trade it.
 Quoting: mr dull socks


Lol, I think the other person doesn't understand mining. They probably think its like copper.
Empty Men offer Empty Words and Empty Hearts.
Guythu

User ID: 46768793
United States
10/01/2021 08:03 AM
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Re: this bitcoin prediction came true, 2 months in a row!
BTC @ 100k doesn’t help if a loaf of bread is $10
 Quoting: Guythu


let me ask you, if a loaf bread did cost $10, and btc hits 100k, wouldn't you have wanted to be in BTC for that run up?

in other words, if you had held 44k in cash (btc current price) while btc ran up to 100k, how much would your cash be worth.

so, i agree, inflation is some of what is causing btc's rise, and if so, i wouldn't want to be holding any cash.
 Quoting: J3


I think we’re on the same page.
All I’m saying is that if BTC goes up 3x and the price of products goes up 3x then we are not making true gains but rather staying even with inflation.

But that is because in my example BTC is priced in USD.

At least BTC (or bread) could be exchanged for another currency. Whereas the USD may not.

Assuming the lights stay on.
J3  (OP)
J to the 3rd

User ID: 80931075
Switzerland
10/01/2021 09:34 AM

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Re: this bitcoin prediction came true, 2 months in a row!
BTC @ 100k doesn’t help if a loaf of bread is $10
 Quoting: Guythu


let me ask you, if a loaf bread did cost $10, and btc hits 100k, wouldn't you have wanted to be in BTC for that run up?

in other words, if you had held 44k in cash (btc current price) while btc ran up to 100k, how much would your cash be worth.

so, i agree, inflation is some of what is causing btc's rise, and if so, i wouldn't want to be holding any cash.
 Quoting: J3


I think we’re on the same page.
All I’m saying is that if BTC goes up 3x and the price of products goes up 3x then we are not making true gains but rather staying even with inflation.

But that is because in my example BTC is priced in USD.

At least BTC (or bread) could be exchanged for another currency. Whereas the USD may not.

Assuming the lights stay on.
 Quoting: Guythu


cheers
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Mad as hell!

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Blatant Coward

User ID: 80942884
United Kingdom
10/01/2021 10:21 AM
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Re: this bitcoin prediction came true, 2 months in a row!
The run up from inception to 10K was wave 1, run up from 4K to 65K was wave 3, there will be a 5th wave run up from 30K to a new top around 90-100K.

Fill your boots but it won't do you any good for what is coming. One way or another the central banks will implement their own CBDC after they have engineered their economic implosion. Their currency monopoly will be the only game in town as it is now, most of you have to exchange BTC for fiat to do anything useful with it. At best you will be able to exchange BTC / other coins for their CBDC but at the same shitty ratio as fiat - anywhere from 1-10 to 1-100. This will wipe out the 'wealth' of most people returning us to their favoured feudal system.

Everyone will be forced to use the CBDC linked to social credit score. You can have 1 mill in CDBC but if you don't obey, show your papers or have the wrong opinion you will be shut out.

Remember, you will own nothing and be happy!

Last Edited by Blatant Coward on 10/01/2021 11:14 AM
jrb366

User ID: 80446366
United States
10/01/2021 10:27 AM
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Re: this bitcoin prediction came true, 2 months in a row!
just check out this tweet from 20 june 2021.

btc aug > 47k sept >43...

and two months in a row, correct. amazing considering it didn't seem like btc was going to make it this morning. and then the 2k pump happened.

even more interesting is how this will play out, if the prediction continues.

[link to twitter.com (secure)]
 Quoting: JJ Johns


know of any 100x candidates? thanks
jrb366

User ID: 80446366
United States
10/01/2021 10:30 AM
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Re: this bitcoin prediction came true, 2 months in a row!
Then run up from inception to 10K was wave 1, run up from 4K to 65K was wave 3, there will be a 5th wave run up from 30K to a new top around 90-100K.

Fill your boots but it won't do you any good for what is coming. One way or another the central banks will implement their own CBDC after they have engineered their economic implosion. Their currency monopoly will be the only game in town as it is now, most of you have to exchange BTC for fiat to do anything useful with it. At best you will be able to exchange BTC / other coins for their CBDC but at the same shitty ratio as fiat - anywhere from 1-10 to 1-100. This will wipe out the 'wealth' of most people returning us to their favoured feudal system.

Everyone will be forced to use the CBDC linked to social credit score. You can have 1 mill in CDBC but if you don't obey, show your papers or have the wrong opinion you will be shut out.

Remember, you will own nothing and be happy!
 Quoting: Blatant Coward


sites like Apmex allow you to buy precious metals with crypto. If it is going to be crap, why are they taking my BTC in exchange for gold?
Blatant Coward

User ID: 80942884
United Kingdom
10/01/2021 11:13 AM
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Re: this bitcoin prediction came true, 2 months in a row!
Then run up from inception to 10K was wave 1, run up from 4K to 65K was wave 3, there will be a 5th wave run up from 30K to a new top around 90-100K.

Fill your boots but it won't do you any good for what is coming. One way or another the central banks will implement their own CBDC after they have engineered their economic implosion. Their currency monopoly will be the only game in town as it is now, most of you have to exchange BTC for fiat to do anything useful with it. At best you will be able to exchange BTC / other coins for their CBDC but at the same shitty ratio as fiat - anywhere from 1-10 to 1-100. This will wipe out the 'wealth' of most people returning us to their favoured feudal system.

Everyone will be forced to use the CBDC linked to social credit score. You can have 1 mill in CDBC but if you don't obey, show your papers or have the wrong opinion you will be shut out.

Remember, you will own nothing and be happy!
 Quoting: Blatant Coward


sites like Apmex allow you to buy precious metals with crypto. If it is going to be crap, why are they taking my BTC in exchange for gold?
 Quoting: jrb366


The number of people that are smart and don't get too greedy waiting for their BTC holding to go higher and higher and who will exchange their fiat / BTC for real assets before a reset is miniscule.

Also make sure you physically hold the gold in your home or some other physical location where you're sure it will be safe and only you can access it. Keeping it at the exchange or in a deposit box at the bank is the equivalent of keeping cash at the bank in a SHTF scenario.

There is no guarantee either as to what will be fungible with a future CBDC. Gold is good but property is better, at least you can live in that or rent it out.

There are no easy answers when trying to hedge yourself against a system that is designed to screw you.
Reddawn68

User ID: 75486545
Sweden
10/01/2021 01:56 PM
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Re: this bitcoin prediction came true, 2 months in a row!
BTC @ 100k doesn’t help if a loaf of bread is $10
 Quoting: Guythu


You hold on to your fiat instead and see how that goes.

Janet Yellen says she supports eliminating the debt limit. Meaning they want to be able to print money anytime they want!
Reddawn68
Anonymous Coward
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United States
10/21/2021 08:04 AM
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Re: this bitcoin prediction came true, 2 months in a row!
I bet China's embarrassed. lmao





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