Make your vote, Bitcoin will hit 18K now?
- Thread starter SoNewToAllShit
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Banks here suck, very low limits and all of the transfers I've sent to European banks have been flagged. Don't worry about it, I should let people know I invest based on my risk appetite, it all depends on someones cash supply etc etc.
A day to go and it seems majority of people in poll maybe roughly right conf/(%.
Anyone know what the current breakeven price is for BTC miners? I am thinking of those with higher cost of electricity and overheads.
Anyone know what the current breakeven price is for BTC miners? I am thinking of those with higher cost of electricity and overheads.
It is ominous that the price of Bitcoin is declining even on days when the stock markets are not open.
Bitcoin is now down over 72%. Meanwhile, gold is still doings its job as an asset that holds its value during tough financial times. It is still up one percent this year, while most other assets have lost value. So,︀ much for Bitcoin acting as digital gold.
Bitcoin is now down over 72%. Meanwhile, gold is still doings its job as an asset that holds its value during tough financial times. It is still up one percent this year, while most other assets have lost value. So,︀ much for Bitcoin acting as digital gold.
Bitcoin will bottom whenever the stock markets bottom, the timing of which is very unclear at this time because our masters at the Fed must decide whether to kill inflation or have a recession. Those are the two options. There is probably less than a one percent chance of a soft landing.
Seems Celsius still blocking peoples funds. But I guess its users would have understood this all had they read the Term of Use.
https://blog.celsius.network/a-memo-to-the-celsius-community-59532a06ecc6
Anyway the question now with BTC price hovering around 20k is whether it has hit the bottom or will fall further.
https://blog.celsius.network/a-memo-to-the-celsius-community-59532a06ecc6
Anyway the question now with BTC price hovering around 20k is whether it has hit the bottom or will fall further.
That's just correlation. They nearly all go up an down at same time anyway. As of right now bitcoin is up so nearly all the top 100 cryptos are up on coinmarketcap. When it goes down they will too..lol.
Forget about Up and down. There is hugh arbitrage opportunity between ETF,ETP,Future, option and spot. Try luck there . You can make Hugh money If you know the "Things"
Yes, there is a lot to wait for!
Do you really think that it is a good idea to invest into anything which is highly affected by rising interest rates. A vicious cycle of rate hikes has just started and is not limited to the US. In this environment it is financial suicide to invest in crypto.
Do you really think that it is a good idea to invest into anything which is highly affected by rising interest rates. A vicious cycle of rate hikes has just started and is not limited to the US. In this environment it is financial suicide to invest in crypto.
There is no need to pick a bottom for Bitcoin, mostly because you can't. Its bottom will depend on macroeconomic fundamentals that have not yet played out, plus it has a very limited price action history. As backpacker already stated, just wait for the vicious cycle of rate hikes to bludgeon the stock markets, wait for the stock markets to bottom, and then buy Bitcoin on the price upswing. It is now correlated with stocks.
When people are so disgusted by the mere thought of buying stocks (or crypto), then︀ that is the time to buy. We are not even close to such a market︁ sentiment capitulation. People are still talking about "buying the dip" or "buying the bottom." There︂ are still plenty of bull traps to navigate.
When people are so disgusted by the mere thought of buying stocks (or crypto), then︀ that is the time to buy. We are not even close to such a market︁ sentiment capitulation. People are still talking about "buying the dip" or "buying the bottom." There︂ are still plenty of bull traps to navigate.
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