"Ever Heard Of Paypal?": Elon Musk Has Epic Meltdown Arguing With Bitcoin Fanatics https://www.zerohedge.com/markets/e...sk-has-epic-meltdown-arguing-bitcoin-fanatics
wow thats pretty full on, the clownness is on full display with that one, might have just made him self the most hated billionaire lol When your a billionaire and you hurt peoples wallets after a visible dummy spit you tend to lose friends. king of rugpull
So this looks like that last buying opportunity is here or coming soon. Fill your boots between 20 & 30k I hear... Wonder if it goes that low
All Mainstream will hear about Bitcoin = Eco-Terrorism in the near future in every MSM. Until either the mainstream ignores ESG (good chance - most only give it lip service) or Crypto goes verifiably green (long-term) their will be cloud hanging over all crypto.
News headline a few months from now after DogeCoin price has collapsed Millions Lose Money From Online Scam Promoted By Elon Musk I remember when Facebook first listed and the shares dropped in value straight away and a bunch of people filed lawsuits. I think people have a lot better case here and Musk has a lot of money to make the whole thing worthwhile. Journalists sharpening their pencils, lawyers getting prepared... Elon Musk about to have a fun time. Not.
All the big names in Bitcoin have turned on him. He's in a huge mess right now. Not surprised he's losing it.
You make it sound like every day people have a spare 20-30k lying around. I dip in every time I get paid. I've tried and failed to hold fiat waiting for a dip
Yeah, definitely, if it dips to 20-30k, and you don't have a spare $100K sitting around, just take out another mortgage on the house. Then once bitcoin skyrockets back upwards, cash in just enough (while laughing deliriously at your insane profits) to repay the mortgage off, and you are laughing . Easy as...
Do I? Well, it wasn't my intention. Just quoting a BTC buy signal price. Buy always, whenever, is another strategy of course.
FOMO is a bad thing. Bitcoin will go up and it will go down. You can go back 10, 20, 30 or 40 pages of this thread at any given price point, the conversation is the same -> it is a cycle. End of the day, the price of Bitcoin has little correlation to inflation, fundamentals or social nirvana..... iBTC is a pure emotional speculative asset driven by momentum and news cycles. Either you buy and hold until you need it (give yourself 1 year window to sell) or you wait for the next big dip and buy, when it spikes again sell, than repeat and rinse again. BTC will see $75,000 but on the way it could crash to $10,000 or $20,000 or be at $55,000 or $65,000 next week.
I also think it could go down to 10,000 $. Then, potentially up to 300,000 $ even. Now that the sheeple are aware of it as well.
Because you knew it's a roller-coaster ride. I think we will keep seeing several bubbles. The drops will be bigger and the peaks too. It's a ride between extremes. And one day it might as well go down to ZERO, while it will still drain a tremendous amount of energy. Keep farting, it's healthy!