Oh boy! Bitcoin at $55k!
- Thread starter Brickbat1
- Start date
Lord46
Regular Member
- Mar 12, 2020
- 404
- 182
What do you think, is it a good time to now buy bitcoin?
Brickbat1
Elite Member
- Mar 22, 2010
- 2,366
- 1,391
There is never a good time in this market now, buying on a dip is just the only way now..
mohamedelropy
Junior Member
- Jan 22, 2014
- 122
- 34
OMG I will Invest on it with block chain !
Lord46
Regular Member
- Mar 12, 2020
- 404
- 182
Thank you so much, really appreciate it
Brickbat1
Elite Member
- Mar 22, 2010
- 2,366
- 1,391
There is a brewing severe liquidity crises, as fellas are moving their bitcoins away from exchanges to safer locations.So basically, bitcoin is getting much harder to buy and the institutional buyers are still flexing their muscles to buy - yet there is not enough to sell to them.
What does that mean? Price will keep going up with small corrections because everyone is trying to buy on a dip.
$200k to $300k by year end is seriously fair value now.
Read this:
https://www.newsbtc.com/news/bitcoi...s-leads-to-another-demand-driven-record-high/
A whale institutional buyer caused the jump.
What does that mean? Price will keep going up with small corrections because everyone is trying to buy on a dip.
$200k to $300k by year end is seriously fair value now.
Read this:
https://www.newsbtc.com/news/bitcoi...s-leads-to-another-demand-driven-record-high/
A whale institutional buyer caused the jump.
- Jul 26, 2018
- 3,131
- 1,512
Really crazy, never thought it will grow so fast
theeyeinside
Senior Member
- Aug 19, 2014
- 962
- 867
Remember that Bitcoin IS NOT AN ASSET
Technically it is a Ponzi scheme
You only cash out when someone wants to cash in. it is backed by nothing.
The Bitcoin scam has NEVER BEEN ABOUT THE COIN
It has always been about the Wallstreet Casino BETTING ON WHAT HAPPENS TO THE COIN
Sincerely,
The Eye
Technically it is a Ponzi scheme
You only cash out when someone wants to cash in. it is backed by nothing.
The Bitcoin scam has NEVER BEEN ABOUT THE COIN
It has always been about the Wallstreet Casino BETTING ON WHAT HAPPENS TO THE COIN
Sincerely,
The Eye
benxjugger
Newbie
- Sep 8, 2020
- 40
- 64
You clearly have no fucking clue what you are talking about. What a confidence though.
Brickbat1
Elite Member
- Mar 22, 2010
- 2,366
- 1,391
And what is money? Did you know fiat money is a scam as well? Its just a "promise to pay" by a central bank. If the bank fails to honour its promise to pay, its not worth the paper it is printed on. Wake up and smell the coffee man.
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Brickbat1
Elite Member
- Mar 22, 2010
- 2,366
- 1,391
@theeyeinside What is the dollar backed by? Do you know why they left the Gold standard? Because as long as the dollar was tied to gold , you could not print it anyhow you want. Now with the mathematical gymnastics they egregiously label as Quantitative easing, they print money at will, scamming the rest of the world who have to sell their real products for dollars.
You really need to read up. The whole world economy is a scam if you do not know. But we live in it and have to make the money from the scam to stay alive. Its a matrix of matrixes if you ask me.
So forget about whether its a ponzi, scam or whatever. Its all a ponzi. You and I have no choice but to live in the Matrix.
You really need to read up. The whole world economy is a scam if you do not know. But we live in it and have to make the money from the scam to stay alive. Its a matrix of matrixes if you ask me.
So forget about whether its a ponzi, scam or whatever. Its all a ponzi. You and I have no choice but to live in the Matrix.
Dawskie
Regular Member
- Feb 7, 2019
- 281
- 145
Why?