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What about Bitcoin... :)

Here's W1 BITCOIN analysis!
Paralell chart with SP500. Ooooooh, that's right, the real fiat ugly infamous economy! ROTF

Uhhh, come to duddy, don't cry baby, ...crypto's dead !
...but it will suddenly resurrect the third day ...after 11315 days?!
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Member
Quoting TudorIoan
The big investors were making real big money by speculating bitcoin! They were luring naive dumb greedy (people's) money (see accumulation), then they dump the volatile asset (any crypto), stealing people's money! Simple as that!
Almost. Wall Street and commodity traders accumulated as much of the CME Bitcoin Future's underlying asset (actual bitcoin) up until the launch date making money on the way. https://www.cmegroup.com/media-room/...unchdec18.html
Bitcoin's all-time high was one day before the CME Bitcoin Future launch.

After the derivative product approved by the U.S. Commodity Futures Trading Commission launched, it gave Wall Street and commodity traders the ability to short sell the asset for the first time ever. And they did, making money on the way down.
Money isn't real
Do you guys think bitcoin will ever get to 20k again?
Strong Return This Year: na
Quoting Rapha
Do you guys think bitcoin will ever get to 20k again?
Without a doubt.
Money isn't real
Quoting Rapha
Do you guys think bitcoin will ever get to 20k again?
Absolutely.
Many times over.
I've only post it until 2021
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Member
Quoting LongBTC
{quote} Worthless numbers made up by the central banks, the time your fiat currency was backed up by the real economy has sadly passed us a long time ago.
Yep.

You should drop the discussion buddy.😨👎

You can lead a pig to the river, but you can't make it drink 😱😱😱😂😱😱😱😱

Come in the real discussion. 🍻🍻

That said, fiat died with the gold backing ,Breton Woods system.....

Now it's all toilet paper being printed , then fractional lending ..... No Dodds -Frank law.....

Happy printing 📠📠💵💵💷💷💶💶📉📉🎢🏦😨😨😨
Beware of robber banks (RB), bad advisors. ;)
Der Trader All Time Pips: 52,970
Quoting Rapha
Do you guys think bitcoin will ever get to 20k again?
I don't think it ever will. Bitcoin is cool but has big limitations as a currency. I think the rise to 20k was a huge bubble that finally popped. If you look at bitcoin as a currency it doesn't scale very well. As the number of transactions rises the cost increases. If you go somewhere to purchase something how long are you willing to wait for the transaction to be confirmed? Is waiting several hours okay? No it definitely isn't. Now people are saying bitcoin is a store of wealth.......gold is far far better for that.
Quoting thomas101
{quote} I don't think it ever will. Bitcoin is cool but has big limitations as a currency. I think the rise to 20k was a huge bubble that finally popped.
I remember the first time it hit the biggest all time high back then, which was around $1200. It also popped. And people also used the term bubble. A lot. And bitcoin went on a descend for years after. And despair came. And it’s all over. And only then, 20k happened.
Strong Return This Year: na
  • Post #109
  • Quote
  • Edited at 2:28am Feb 14, 2019 1:32am | Edited at 2:28am
Quoting Not-KPMG
{quote} Yep. You should drop the discussion buddy
...Incredible, those crooks are making up value out of electricity and they have the nerve to blame paper money!

I know you bought every month while crypto was dropping. Sorry for your loss.
...but don't bullshit people here please, just stick to your thread! Stop playing dirty! You make it worse for the bitcoin after all

Happy mining!
Member
  • Post #110
  • Quote
  • Edited at 4:04am Feb 14, 2019 1:41am | Edited at 4:04am
Quoting thomas101
{quote} I don't think it ever will. Bitcoin is cool but has big limitations as a currency. I think the rise to 20k was a huge bubble that finally popped. If you look at bitcoin as a currency it doesn't scale very well. As the number of transactions rises the cost increases. If you go somewhere to purchase something how long are you willing to wait for the transaction to be confirmed? Is waiting several hours okay? No it definitely isn't. Now people are saying bitcoin is a store of wealth.......gold is far far better for that.
Oh, yeah!

Quoting Rapha
{quote} I remember the first time it hit the biggest all time high back then, which was around $1200. It also popped. And people also used the term bubble. A lot. And bitcoin went on a descend for years after. And despair came. And it’s all over. And only then, 20k happened.
Even it will ever be back up again, it will be dumped again like a bubble !!!
...maybe even wider and wider bubble, but the crashes will be dramatic every time!
....because will get many people's pension funds, savings, business, down along with it
Member
  • Post #111
  • Quote
  • Edited Feb 15, 2019 2:21am Feb 14, 2019 2:27am | Edited Feb 15, 2019 2:21am
Quoting Not-KPMG
{quote} Yep. You should drop the discussion buddy
It's only the illiterate dumbos who claim that printing money is kind of manipulation for the rich to become richer!

Central banks are lowing interest rates to stimulate borrowing, next to cut spending, debt reduction, and wealth redistribution by high taxation of the rich,
and printing money to buy financial assets and government bonds so that economic and social stability can be maintained,
...all these are common measures to mitigate a cyclical natural recession!
Inflation is not harmful if it offsets credit!

A central bank it's a simple machine.
A regulator of the chaos created by the economic actors' greeed! Therefore an indispensable machine.

You just lie about printing money putting it out of context, makeing it sound like a crime.
You think you can do that because not quite everybody here knows important things about how monetary policy works
and you deliberately trying to manipulate common honest people

You're just a shallow disgusting con manipulator, Not-Naught!
...or just a bad stupid economist
Member
Is there still someone who believes that BTC can rise to 20K again? I think it's impossible. I will be happy to see BTC at $10K during a couple of years. But it is also doubtless.
Quoting Crypt0Pro
Is there still someone who believes that BTC can rise to 20K again? I think it's impossible. I will be happy to see BTC at $10K during a couple of years. But it is also doubtless.
Buddies.


You shouldn't ask mo...s for the price of gold. I mean HERE in this thread

What do they know

Quoting Rapha
Do you guys think bitcoin will ever get to 20k again?
Same.

The question is not IF it will break 20000 but WHEN.


You want proof ??
Here, see this video by a special Bilbo , that moans and whines

...
Listen and laugh without end

Inserted Video


...and that one time, bitcoin was 30 cent and CRASHED!!!


...and that time at band camp ,bitcoin was 3 dollar, and CRASHED!!! !


LOL
Beware of robber banks (RB), bad advisors. ;)
Der Trader All Time Pips: 52,970
I'm doing my bit for education of less smart

https://www.forexfactory.com/showthr...4#post11839244

Comments welcome (over there).
Beware of robber banks (RB), bad advisors. ;)
Der Trader All Time Pips: 52,970
Quoting Not-KPMG
{quote} LOL
You shout here like a desperate freak losing credibility!
OMG, you're so pathetic!
Member
Quoting Not-KPMG
{quote} ... Listen and laugh without end https://m.youtube.com/watch?v=XbZ8zDpX2Mg ...and that one time, bitcoin was 30 cent and CRASHED!!
I had a chuckle at this. Thanks for sharing.

and then, it crashed!
Strong Return This Year: na
What's the revelation here?
That's how the Ponzi schemes work!
The higher they go, the more dramatically the losers will cry and shout when they crash!
Member
  • Post #118
  • Quote
  • Edited at 2:16am Feb 18, 2019 2:06am | Edited at 2:16am
Quoting Not-KPMG
{quote}Here, see this video by a special Bilbo , that moans and whines
Those Bilbos are necessary!
And if they moans and whines about bitcoin, is a bad thing for dumpers' business, like Not-Naught's business.
"The Cult" need them in the game, they must "believe" ...in order to put their money in the game and to be robbed

Dudes like Not-KPMG are kind of payed Russian trolls, undemining the principles of the capitalism, banks, gold, monetary policy...
But the main purpose they do that is profit, what else? Ideology is unfashionable out.

Those guys are recruiting on private chats like 200000 strangers, and they all come together online to buy Bitcoin and little-known cryptocurrencies, also known as altcoins, for example, at 2 p.m. Eastern time.
Then, anywhere from 30 to 120 seconds later, they sell them en masse (or at least try to).
Those who buy and sell at the right time can potentially make out like bandits!

Ok buddies, welcome to the wild world of altcoin "pump groups,” where participants believe they are the wolves, but they’re actually probably the sheep!
I've been around a private chat like this, and I know how it works! ...that's why I am so against crypto Ponzi scheme now

Pumping is what a large group of people agree to buy a certain coin at a particular time, reads the welcome messages for The Alt Pump, a pump group based in the messaging app Discord that has more than 30000 members.
With this group, you will have large amounts of people buying a coin at the same time.
This will pump the price straight up.
After this the dumping part comes in. After the price rises tremendously up because of the pumping, we start selling at a good profit.
Exactly, this is called dumping.
As I said, this crypto shit is nothing but a dumpers' business, crooks!

That's why that "Bilbo" in the video moans and whines! He can see something, ...but he can't figure it out the whole fraud picture
Member
Quoting iamsovereign
Both the usd and bitcoin have the same problem...... both are fiat ........ look it up....... backed by nothing . there is no tangible asset involved. This is not a legal currency.
On which basis have you decided that btc is a fiat? lol
The first cryptocurrency created by a major U.S. bank is here — and it's from J.P. Morgan Chase.

The lender moves more than $6 trillion around the world every day for corporations in its massive wholesale payments business. In trials set to start in a few months, a tiny fraction of that will happen over something called "JPM Coin," the digital token created by engineers at the New York-based bank to instantly settle payments between clients.

https://www.jpmorgan.com/global/news...-coin-payments

"First they ignore you, then they laugh at you, then they fight you, then you win." -Mahatma Gandhi
Money isn't real
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