Are you a hedge fund manager or something? Now after you posted this the crypto marked went down right after! I'm chocked ja334¤¤#
It finally happened, BITCOIN broke past $100K!
- Thread starter Houdini
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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
(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 looked at Monero in the past few years it wasn't even profitable to mine it, the network stands on a cohort of enthusiasts which might be admirable as well as Monero being useful for certain purposes but it's about time to accept that the global battle of what will be the money of humankind for the next thousand years was already 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 Monero or ANY crypto with an eye on how profitable it could be, means cryptocurrencies are not meant for you. If BTC crashes permanently and the govs all but kills it 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, and 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, just 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 for "the greater good" if they deem necessary. This is the government's power grab.
BTC is 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 shithole currency. Why is that?
Because they will make a profit. The driver of all economic activity is profit.
Another avenue are the oversees retriees, theres a whole bunch of threads only if mr sixpack should transfer his retirement money this month into the shithole currency or next month or next year. Again, all purely profit driven motives.
Its only natural to have profit motives when dealing with fx (aka holding bitcoin over my national fiat currency is the same form of speculation, some dude is holding usd over kwatchas or pulas.)
no
sheeps gonna sheeple, this is no arg here you provide.
it still is. you provide no proof otherwise. Even more so than before.
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.
Stop caring about the USD conversion rate of btc, it's totally useless. If you want to make a quick buck, there are better options than btc.
You should instead worry about gold supply:
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You should instead worry about gold supply:
”˜Supergiant' gold deposit discovered in China is one of the largest on Earth ”” and is worth more than $80 billion
Remember: total gold supply is possibly infinite, and currently unknown. Fiat supply is certainly infinte. Whereas there will only ever be 21 million btc.Toggle signature
@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields
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).
- Top: December 17, 2017 (~$20,000)
- Bottom: December 15, 2018 (~$3,150)
- Duration: ~1 year (about 365 days).
- Top: November 10, 2021 (~$69,000)
- Bottom: November 21, 2022 (~$15,500)
- Duration: ~1 year (about 375 days).
for those who care about USD denomination we are very likely far from the "conventional" top (almost one year I'd say) but I don't think it matters....
if all the expected US regulation change as expected then we will see such a massive institutional adoption and order of magnitude bigger demand over supply that no cycle will happen again
if the US build BTC national reserve then it might 5x over night and an unprecedented wave will spread through the world.... at least this makes sense to me, what do I know about others...
good for those who don't care about USD/BTC any more
Last edited: Dec 12, 2024
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