It finally happened, BITCOIN broke past $100K!

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Houdini

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It took a while, considering how long it had been hovering around $95-97K, but last night, European time, it finally happened. Now I'm curious to see if it stays above $100K and how much higher it might go.

1733372057644.webp
 
Awesome, let's hope it will jump to 125K and upper that before end of year
 
My Schadenfreude starts when I see 100k in the gayest and the most disgraceful deep state proxy shitcoin ever - €.
 
The margin interest on USDT loans is 85% now. And yield for USDT 'staking' is >20%.

Insane times, (almost) every time it went over 50% (that started to happen just in the last few weeks), a drop (in BTC) followed.

But it doesn't matter now. I don't think we'll drop under 100K until this bull is over. 150K is just a matter time (<6 months).

BTW: I am still buying BTC, even today.
 
You can all thank Jerome Powell for this price movement 😉


Just needs Trump to say something positive again and another boost will be underway.....or negative and it will drop...lol.

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cherry said:
Find a better crypto unless you want the state to forceably (and easily) take it from you...
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this guy doesn't understand that evolution doesn't favor the technically "best" solution but the one that fits/adapts the best - bitcoin is a cure to the world as we know it, providing the perfect scarcity and auditability of reserves, prohibiting the states, banks and other bad actors from cheating and allows for their reinstatement - it paves the way to a world where you can restore the personal freedom and privacy - even ultra anarchists like me are careful what they wish for and understand that peaceful transition is wiser than hanging politicians in the street (not that they don't deserve it)

Martin Everson said:
Just needs Trump to say something positive again and another boost will be underway.....or negative and it will drop...lol.
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naaah, you're still trying to keep your image for some reason and pretend you don't own any bitcoin since your famous bitcoin exit at 13k? no hard feelings but I'm not buying this 😀

Last edited: Dec 5, 2024
 
W Fish said:
My bad. Not a frequest user of Binance.
So the 21.84... is last 30 days average?
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Actually, the 30 days average adjusted to 21.98% now, less than an hour later.
It's gonna adjust much higher in the following days, as the current rate is still at 56%.

It seems to be limited to Binance, as AAVE's USDT borrow rates are below 20% during all that time.
I smell some arbitrage opportunity........off to work
 
void said:
this guy doesn't understand that evolution doesn't favor the technically "best" solution but the one that fits/adapts the best - bitcoin is a cure to the world as we know it, providing the perfect scarcity and auditability of reserves, prohibiting the states, banks and other bad actors from cheating and allows for their reinstatement - it paves the way to a world where you can restore the personal freedom and privacy - even ultra anarchists like me are careful what they wish for and understand that peaceful transition is wiser than hanging politicians in the street (not that they don't deserve it)
😀
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No, BTC definitely does not prohibit the states and banks from cheating. The mass of sheeple went along and allowed themselves to be KYC'd by the states in order to acquire BTC or cash it out, and now the states and banks will steal it from you whenever they want, because BTC is publicly traceable. Bitcoin was supposed to be a decentralized currency, but the sheep made it a speculative investment. This means bad actors can manipulate the price directly via shorting, or indirectly by propaganda campaigns.

BTC is pure poisoned s**t.

Monero provides superior freedom and privacy, and the ethos of the Monero ecosystem is anti-KYC or government tracking. Something BTC used to be before the sheep jumped aboard. Monero is untraceable by default, unlike BTC.

Cryptos don't even provide scarcity, because those 21 million bitcoins can be divided up in ever small amount, ad-infinitum. This is much the same as inflation.
 
cherry said:
No, BTC definitely does not prohibit the states and banks from cheating. The mass of sheeple went along and allowed themselves to be KYC'd by the states in order to acquire BTC or cash it out, and now the states and banks will steal it from you whenever they want, because BTC is publicly traceable. Bitcoin was supposed to be a decentralized currency, but the sheep made it a speculative investment. This means bad actors can manipulate the price directly via shorting, or indirectly by propaganda campaigns.

BTC is pure poisoned s**t.

Monero provides superior freedom and privacy, and the ethos of the Monero ecosystem is anti-KYC or government tracking. Something BTC used to be before the sheep jumped aboard. Monero is untraceable by default, unlike BTC.

Cryptos don't even provide scarcity, because those 21 million bitcoins can be divided up in ever small amount, ad-infinitum. This is much the same as inflation.
Click to expand...

With all due respect, if you think dividing bitcoin into smaller amounts is even remotely similar to inflation (increasing the total supply of something) you do not fully understand what inflation is.
 
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