Bitcoin
Bitcoin
Out of context: Reply #1871
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- shapesalad1
Lot of exchanges / payment processors are inundated with new accounts / account verifications. Big delays on getting new accounts verified.
The lower bitcoin prices of the past 2 weeks will be history and not retraced to.
- Explain that last para please.Hayzilla
- @Hay: meaning that all these new users are going to pump Bitcoin, effectively. And, presumably, other coins. To the moon, DOGE?Continuity
- Okay yea. So the meme aspect of this week has created long term adoption. Suppose that's a good thing really. Especially for early adopters (as usual).Hayzilla
- I'm not sure it will encourage long-term adoption. FOMO is driving this, but will drop off after the whole thing is done, methinks.Continuity
- Like sted said in another post, meme trading isn't sustainable. And people really do have the attention spans of brain-dead rocks.Continuity
- $30k was a support level over past 2 weeks, that's now dust. Support level minimal now will be $40k.shapesalad
- It will be as always, a sideways shitshow
https://www.tradingv…drgs - isnt the GME situation cryptocurrency markets in a nutshell? group of users pump coins they want then cash out? the key difference is reddit users are punishingjonny_quest_lives
- hedge funds and holding... do cryptocurrency markets which are highly manipulated to begin with want coordinated outsiders ruining their game?jonny_quest_lives
- then again btc has daily network costs to run the hash so it is hungry for new cash daily... miners are like pac man wocka wocka wockajonny_quest_lives
- <My prediction is playing out. Brownie points to moi.shapesalad