It finally happened, BITCOIN broke past $100K!

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I've been exclusively‍ trading BTC since 2017 til very recently. At this point I am Bitcoin.

This being⁠ said, the bottom of the range is still intact so it could just be a⁤ higher low ange¤%&
 
Roger Ver told Tucker Carlson some of the exact things mentioned here already. I didn't‌ mean to offend anybody here, but your BTC is now controlled by governments, including your‍ profits, if they let you have any. They don't let you have any freedom with⁠ fiat, so why would they let you have freedom with BTC now they control it⁤ so much? Switch to Monero and use it properly this time.

(7:49) The Hijacking of⁣ Bitcoin
(12:18) How the Government Tracks Your Every Transaction
 
Avoid applying labels without arguments. Has there been‌ a massive power grab of BTC by the governments or not?

Is BTC fully traceable‍ or not?

Did the sheep comply with KYC with little resistance or not?

Did the⁠ sheep treat BTC as a get rich quick scheme instead of a decentralized currency or⁤ not?

Can the governments now tax, control or even confiscate all your BTC or not?⁣

So why would anyone without inertia look at BTC and think it's a good option⁢ any more?
 
nah roger is scammer whos still salty his bcash scam didnt play out the way he⁢ wanted it to.
 
nah
depends on how you use it
yah but⁠ sheeps gonna sheeple.
depends on the individual.⁣
depends on circumstances.
its the best option, monero is not the answer.
 
Stay with BTC, shitcoins go up a lot and down even more.
Don't remind me. I lost 26 BTC and 48h sleep because⁠ of betting on the wrong side during the BTC vs. BTC.CASH hashrate flipping drama.

Like BETAMAX vs. VHS, in the end BTC won. (Lol, I think I must be getting⁤ old, no one even knows VHS anymore.)
 
similar to blu ray vs hddvd, decided by one of⁤ the strongest forces on the planet, aka the schlong vs coochie content producers.
 
you got the answer from @JackAlabama ....
I will only add that whenever I looked︀ at Monero in the past few years it wasn't even profitable to mine it, the︁ network stands on a cohort of enthusiasts which might be admirable as well as Monero︂ being useful for certain purposes but it's about time to accept that the global battle︃ of what will be the money of humankind for the next thousand years was already︄ fought and decided
 
Profitable? Thank you for the live demonstration⁢ on why BTC got messed up. You're not supposed to use cryptos to make profit,︀ you're supposed to use it as a decentralized currency. The fact you looked at Monero︁ or ANY crypto with an eye on how profitable it could be, means cryptocurrencies are︂ not meant for you. If BTC crashes permanently and the govs all but kills it︃ off, just know it was down to the sheeple's greed like this.

That's a lot of depends but most sheep will be in the "definitely" camp, and︆ that's why BTC is in control of the governments now.

And as for the nah,︇ this is patently wrong. There was no regulation when BTC was launched. But today, just︈ buying bitcoin for the sheep means going through KYC and your BTC will be tracked,︉ your profits taxed, your identity on a government watch list, and your coins confiscated for︊ "the greater good" if they deem necessary. This is the government's power grab.

BTC is︋ no longer decentralised as intended, it is compromised. Coins that are used as intended (currency)︌ was the only answer BTC let alone Monero was ever supposed to be.
 
read before you shout...
using and mining is something different - but I guess it⁤ doesn't matter to pay attention to details when one has some agenda to push
 
ofc youre supposed to make a⁢ profit. Thats why every joe and jane from shitholes hold usd and not their shithole︀ currency. Why is that?
Because they will make a profit. The driver of all economic︁ activity is profit.

Another avenue are the oversees retriees, theres a whole bunch of threads︂ only if mr sixpack should transfer his retirement money this month into the shithole currency︃ or next month or next year. Again, all purely profit driven motives.
Its only natural︄ to have profit motives when dealing with fx (aka holding bitcoin over my national fiat︅ currency is the same form of speculation, some dude is holding usd over kwatchas or︆ pulas.)

no
sheeps gonna sheeple, this is︍ no arg here you provide.

it still is. you provide‌ no proof otherwise. Even more so than before.
 
I would like to to see it sky rock before Xmas to 150K but that‌ won't happen 🙁
 
No hurry, give it time until end of‍ February (if the accelerated cycle theory is right), it might go higher than that.
After that, seek shelter (in every kind of way, all markets are primed for a drop).⁠ Of course, no financial advice.
 
It's too‌ early imo, we have at least a few more months of upside against USD.

BTC cycles have been extremely predictable for the last decade, I bet we get at least‍ 4 more months of upside.
For reference:

- 2013 cycle
  • Top: November 29, 2013 (~$1,150)⁠
  • Bottom: January 14, 2015 (~$170)
  • Duration: ~1 year, 1 month (about 396 days).
- 2017 cycle
  • Top: December 17, 2017 (~$20,000)
  • Bottom: December 15, 2018 (~$3,150)
  • Duration: ~1 year⁤ (about 365 days).
- 2021 cycle
  • Top: November 10, 2021 (~$69,000)
  • Bottom: November 21,⁣ 2022 (~$15,500)
  • Duration: ~1 year (about 375 days).
Market cap and volume will play⁢ a huge role in the future of BTC so I don't believe this time around︀ you will get a chance to buy btc at 80% discount in 1 year time.︁
 
for those who care about USD denomination we︁ are very likely far from the "conventional" top (almost one year I'd say) but I︂ don't think it matters....
if all the expected US regulation change as expected then we︃ will see such a massive institutional adoption and order of magnitude bigger demand over supply︄ that no cycle will happen again
if the US build BTC national reserve then it︅ might 5x over night and an unprecedented wave will spread through the world.... at least︆ this makes sense to me, what do I know about others...

good for those who︇ don't care about USD/BTC any more
 
Yeah I don't believe we will see a -50% day on︀ btc ever again (unless tether goes tits up, and if that happens, arbitrage opportunities will︁ be insanely good).
 
tether is now part of the new gov. But in such⁠ a for the time unlikely case, would not all the tether capital flee into btc?⁤
 
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