Bitcoin
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- drgs0
- Krassy1
why is Bitcoin going up again now?
- drgs-2
- Bitcoin still at $16K and Tether still under $1
All of crypto still in liquidity crunch
What changed?grafician - Bitcoin always moves in the direction of maximum pain. If everyone expects it to go down, it will go updrgs
- Why do you keep forget it tracks the stock market?
But keep guessinggrafician - Can't wait to sell my bitcoin and get out of that shit. Focus on investing on me, not get rich scam coins.shapesalad
- "it tracks the stock market" is the exact reason it needs to go up. It went in the opposite direction 10 days ago
https://www.tradingv…drgs - yeah BTC is allergic to the bullshit that happens in the crypto markets too
it's called trading newsgrafician - but it was more like a panic sale due to lack of liquidity in the crypto markets
there's nowhere real $800B in this shitgrafician - under $16K miners really go under btw
mining is not profitable with ASICs anymoregrafician - Difficulty adjustment --> fewer minersdrgs
- What part of miners going under don't people get?
Oh wellgrafician - It is clear, some miners will have to sell their asics, but why is this critical for Bitcoin?drgs
- no miners, price drops big, end of cryptografician
- because the system is built on leverage so the domino effect will kill crypto
nobody would bother with bitcoin after thatgrafician - *waves from the future
Have fun staying poordrgs
- Bitcoin still at $16K and Tether still under $1
- drgs0
Discuss
https://imgur.com/a/SJTEZzr- I don't think the winter is over, but I do think its a good time to buy a little here and there.AQUTE
- Consider the possibility of a very long consolidation phase, 1-2 years of little price action, similar to 2015-2016drgs
- yup.inteliboy
- 1-2 years of little action means death in tech...grafician
- Bitcoin had 15 years of little actiondrgs
- Krassy2
Why is Bitcoin up the past week?
- liquidations they saysted
- https://www.cnbc.com…scarabin
- It was foretold in the fantasplodges
https://pbs.twimg.co…drgs - money from the reverse mortgage just cleared up for investing in 2023zaq
- grafician0
- Forever In Auto Troubleshapesalad
- More engineering in logo than in head gaskets.wagshaft
- bainbridge1
So should I sell the $400 I have left in BC or hold?
- neverscared1
- Another sexy hot couple busted. What’s up with these hotties getting in crypto trouble?NBQ00
- drgs0
December 22-23 -- let's do this
https://imgur.com/a/kqSbK3X- hodl to teh moonhans_glib
- *poof*formed
- it's that time of the year:
https://www.qbn.com/…
she is out of Cryo-Freeze Chamber!uan - https://imgur.com/a/…drgs
- ^drgs
- ^I was thinking about this graph this morning when I saw 18Kuan
- From dec 2
https://pbs.twimg.co…drgs
- drgs3
- neverscared3
- I’m shedding tearsNBQ00
- Monopoly moneygrafician
- It's going to get a lot worst.utopian
- gambling is a helluva drugKrassy
- Where did it all go? Money is never "lost".toemaas
- bored apes and rassan tankssted
- it went into - i want a second house...no matter what scam i take part in -neverscared
- Good thing buying and selling crypto for profit and using that to buy stuff isn’t illegal tho. Derp derp.monospaced
- 75% OFF SALE. Everything is on clearance, stocks too!!!!AQUTE
- sure its great... very ecofriendly ... and is not driven by ponzi... its beautiful not derp at all...mono is right..neverscared
- also no scaming ... very dope product..neverscared
- nr.1 https://www.theguard…neverscared
- it has more inherent iillegality than legality .. but if u like buying and selling über alles u find it good...not doubt about it.neverscared
- hey mono .. can u suggest similar products.. i really want´to invest.. as long as it fucks the planet and the people over i´am delighted ..thank you..neverscared
- I said nothing about the effect on the planet or the Ponzi scheme. But buying and selling as a normal person was allowed and not illegal. chill outmonospaced
- These fucking tangents you all use to “argue” against my comments are hilarious. People ask where the money went. Well it went to people who sold their holdingsmonospaced
- A small time investor who got in and out for profit isn’t a schemer. They just took advantage of a legal system. That’s it. I’m not promoting it moronsmonospaced
- wow .. so are saying only coz u made a buck u are not a moron when using a toxic product....thats great just push any fucked up product on the market ...neverscared
- that will be a great future for our kinds... hey here is something running on scam and anti - eco u kids will love it....money moneyneverscared
- sted0
i say an average -1k/month until 13-14k.
idk if we will see 17-18k next year.
- drgs-4
- holy fucking shit what a bio, this dude is a real-life Bond villain https://en.wikipedia…_niko
- https://en.wikipedia…drgs
- read the comments debunking the claim: https://martinshkrel…Krassy
- shapesalad1
Bitcoin is the currency version of Esperanto.
And will be equally as adopted as Esperanto. As in, it won’t be the native currency of any country and will just be used by nerds... just like Esperanto.
- After years of trying to figure out what Bitcoin is... finally it clicked! Ah, it’s the Esperanto of currencies.shapesalad
- lol_niko
- Hehedrgs
- Except it's not used as a currency. It's a super volatile stock with nothing backing it. Aside from hoards of people trying to get rich form it.section_014
- yep... it's more like a cult than currency.shapesalad
- shapesalad-1
- Jeff destroys the whole 'limited supply' thesis of Bitcoin and that being why it will be the world currency. TLDR - it won't work.shapesalad
- One use for bitcoin - you can hide money when getting divorced.shapesalad
- shapesalad turned bearish -- time to buydrgs
- ^^^uan
- not bearish - coming to terms with my loss... 1 btc of worthless digital code. By all means, pump it up, I'll sell at $70kshapesalad
- My first reaction when I really dug into bitcoin was - it's only worth what the next person is willing to pay for it. And that remains.shapesalad
- If all bitcoin mining was done with waste energy, gas flares, hydro - then there could well be a floor price, but that would be tiedshapesalad
- to the general energy sector average cost. It isn't ever going to be worth $1m per coin, not unless everyone goes full on FOMO.shapesalad
- shapesalad0
Bitcoin is like investing in Vintage Dinky Cars.
There's limited supply.
You can't buy it in a tax free wrapper (ISA in UK for example).
There's no real use to it (can't even 'flip' a bitCOIN to decide who kicks off a football game... can't do the commute in a Dinky Car).
It's attractive to nerds and dorks and those involved at the top look weird (SBF, Vitalik Buterin for example).
It's bad for the environment - uses energy to be realised.
- It doesn't grow or pay dividends, you have 1 bitcoin / 1 dinky car today... in a decade, you still have 1 bitcoin / 1 dinky car.shapesalad
- You can easily bring them across boarders (stuff a dinky car in your pocket for example).shapesalad
- You can lose them easily!shapesalad
- shapesalad1
China offers El Salvador $21b Bailout... LOL
- sublocked3
i have 6 bitcoins. you're all jealous.
- //That's all you got? I just ordered a bunch and they delivered them to my haus.bzsaw
- Still got them? (Jan 2021)mydo
- TLDR - he had them on FTXshapesalad
- Krassy2
Is it on (going out of business) sale?
- shapesalad1
Saylor... the King of the Ponzi Tulip Hype.
- I hope he gets crushed to bankruptcy. Fuck that SaylorNBQ00
- I used to watch this channel before I got brainwashed with FOMO of crypto... recently gone back to Andy's channel. Will get out of crypto.shapesalad
- Saylor heavily buying post halving, in a bull market, is one of the most idiotic plays.inteliboy