Btc won't survive the long run because the coin industry embraces too many known crooks as legitimate. Plus morons are regarded as experts in an echo chamber of experts who could not get a real job BTC is literally dying by tens of thousands cuts inflicted by shitcoin death and the birth of ever more shitcoins But before the end, I will extract maximum profits, still plenty of pump/crash cycles to go.
No Mate, The Joke Is For Everyone, Not Just For Those Of You Still Holding BTC. Last Time I had This Much Entertainment I Had To Pay For It, Now Is For Free. Thank You Bitcoiners, I Am Glad That You Don't Mind Being The Butt Of The Joke Or Maybe You's Are Not Intelligent Enough To Know That You Are.
@hardyakkagold were you in the original thread also writing bitcoin off at $100 under a different name?
Gee Wizz, another mental giant who thinks I am John Galt NO. I was not on the forum earlier writing bitcoin off at $100 under a different name. Get a grip on yourself, or better still go to bed like shiney.
Maybe it's just me, but I can't see governments ever going back to full gold convertibility of notes to gold. A pure gold standard. Too many people don't know about gold except as a pet rock. A lot of people know how to use phones and the internet. Paying for stuff with their phone is a lot more intuitive.
Well one thing we know from history is that governments and empires come and go but gold always returns. Nothing has changed.
Short is a mostly a daily activity, ony in movies do people go long on shorts. It is rare for shorts to be even overnight. Buy low and sell high, plenty of ramp up and crash to when it dies
lol ok tiger, youre obviously more aware of the global trading market than joe average but both shorts and longs get ridden while they pay, especially without leverage.
I think I gave lower crypto prices the Kiss Of Death when I said that $18k would not hold,, you can thank me later. Up 10% since then! Maybe the selloff is over? Maybe back up and load the truck?
Yeh, the macro headwinds are huge and until we get some direction from the CBs that inflation is falling and that they're going to pivot on their policy of removing liquidity from the markets then there's still plenty of room for all asset classes to fall. Cash is king.
likewise the 3 arrows impact, who is impacted? how much is celcius withholding? when will blockfi go under? i suspect theres multiple vc's owed money from all 3 that are also now trading as insolvent. who was on the other side of the gbtc price when it tanked? on the positive its good to see these centralised entities being flushed out of the game.
If it all crashes, there's always an alternative plan... " Before moving to Restoration Island he was leading a high flying city life in Sydney, living in a property overlooking the Harbour with his wife and two children. But after the infamous Black Tuesday event in 1987, the businessman lost his wealth and the bank foreclosed on his property with his wife leaving him shortly after. " https://www.dailymail.co.uk/news/ar...sheen-makes-sad-confession-gave-highlife.html