Previously no recession, that's why when bitcoin drop, it will rise even higher.
Now with recession, everything changes. Who will pump bitcoin this time.
Now with recession, everything changes. Who will pump bitcoin this time.
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DislikedPreviously no recession, that's why when bitcoin drop, it will rise even higher. Now with recession, everything changes. Who will pump bitcoin this time.Ignored
DislikedYou don't know? The Crypto "revolution" is over! Bitcoin is a failed experiment. Blind believers, smart speculators, scam operators and other interested will continue to support the "dream" for many years. You will see more ups and downs on the way to zero. BTC failed as a currency. Failed as a store of value. Impractical for mass use. The blockchain technology is very complicated, energy intense and highly dependent on network. Therefore unreliable due to lack of options for further development and upscale. Offline use is impossible anyway. Ca$h...Ignored
Disliked{quote} Since 2013, BTC has made 2 85% drops from highs, each one recovering with a 1500% - 2000% gain the the following years. This is nothing new. If we get to another 85% drop, we are looking at a 10-11K USD value BTC. Plus, you have to remember, this is only the USD value of BTC anyway, which is totally irrelevant. If people were buying BTC only to one day sell/convert it back to USD, they never really understood what BTC is in the first place, and I can't feel sorry for themIgnored
Disliked{quote} "If people were buying BTC only to one day sell/convert it back to USD, they never really understood what BTC is in the first place" - You have to be really naïve to think that... Like, 99,9% of the people who bought BTC did it in the hope that it would gain value.... against the USD (or whatever currency it's evaluated against). People don't buy BTC in a vacuum, they buy it in the hope it gains value.... against the USD. Which is kind of ironic, if you think about it: the valuation of bitcoin is based on a currency that it's supposed to...Ignored
Disliked{quote} "If people were buying BTC only to one day sell/convert it back to USD, they never really understood what BTC is in the first place" - You have to be really naïve to think that... Like, 99,9% of the people who bought BTC did it in the hope that it would gain value.... against the USD (or whatever currency it's evaluated against). People don't buy BTC in a vacuum, they buy it in the hope it gains value.... against the USD. Which is kind of ironic, if you think about it: the valuation of bitcoin is based on a currency that it's supposed to...Ignored
Disliked{quote} You are right. As I see every cycle is drop at 85%, then rize 20 times. -85% of 65-67k is about 13k. And then next bull cycle will start. {image} As you see we have only -74.15% reached on BTC yet, but last was -83.59%.Ignored
Disliked{quote} Howdy, Ryuryu Nice Observation. You Finaly figured it out! What was the formula for your arrived conclusions?Ignored
DislikedBitcoin has again left the 19k area, but will it move lower in September?Ignored
Disliked{quote} Given it’s recent correlation to the traditional markets, which are being forced lower by the fed to counter inflation, BTC will almost certainly move lower next month and for the rest of this year most likely. We may end in the sub 10k territory, given the lack of scarcity of major support areas from here to there.Ignored
DislikedFor a dozen weeks, the crypto market has been experiencing a counter-bonanza. Most crypto coins had their value slashed to multiples of 2. News on investors losing billions surge. Where is the market headed? Are we going to have a rebound at the end of the year? Or is it the end? Share your thoughts! {image}Ignored
QuoteDislikedUSDC issuance is more decentralized than other stablecoins. Specifically, any institution that meets CENTRE's requirements may issue USDC. By contrast, only Tether may issue USDT. CENTRE was founded by two highly-regarded players in the cryptocurrency space: Coinbase and Circle.