BTC crashes to $15k!

[chinin]

the market is super manipulated, no wonder

 

[TopCreatorAgency]

that is.... tragic to say the least. Pretty sure BTC crashing will help lead to a recession tbh

 

[M4DM4X]

I've never understood the hype for btc apart from speculation, because using this crypto makes everyone naked, i mean with a btc address you can know everybody's purchases, no anonymity at all, everything is trackable and checkable by anyone. The dream of any Gov't.
Cash is the only solution for a safe life.

 

[awesomewebsites]

The beauty about crypto is that it is so unpredictable. If you think this is right time to buy, it can drop by another 20% in next week. Good time to do future trading currently for all coins when market is going down.

 

[Deleted member 1258334]

Makes sense with the new world order coming according to their plan. So they won't let a decentralized money last forever because they always want to be in control.

What's that new world order thing everyone talks about around here?

 

[Sunya]

What's that new world order thing everyone talks about around here?

"New world order" is related to conspiracy theories.

 

[clickj4ck]

When it reaches US$8k, it will remain there for years to come, infact it will then remain at the US$8k range for decades to come and then some newer type of technology will be invented and blockchain will be forgotten and Bitcoin will also be forgotten (though it would still exist).

Is that why bank of england and america and other big banks creating their own crypto?

 

[MasterOfMasks]

ill buy when it goes back down to 3-5k

once btc gets there, you won't buy as it "can" go lower

 

[Chris Newman]

Is that why bank of england and america and other big banks creating their own crypto?

Bank of England and America and other big banks have NOT yet created their own crypto or cryptocurrencies. However, what SOME of the banks have done is to become crypto friendly by offering crypto related services such as custodian services like storage of crypto assets and coins, etc, etc.
You mentioned Bank of America : https://beincrypto.com/bank-of-america-has-no-plans-to-offer-crypto-services-says-ceo/.
The reason why banks in the "traditional" banking sector have NOT created their own crypto or cryptocurrency, is that crypto is of a sensitive nature to banks given that "traditional" banking foundations are opposite to crypto's decentralised nature.
And also note that traditional banks are not to be confused with so called "crypto banks". Juno would be a good example.
And furthermore : Even the so called crypto banks are not banks, but rather fintech companies. Example : Juno is not actually a bank. It's a fintech company and provides banking services through its partner bank Evolve Bank, thereby, (for example) Juno's checking account allows users to make payment through crypto in the real economy through their debit card issued by Evolve Bank, licensed by Mastercard International.

 

[YassGang]

No Guys its Time to wait, BTC Keep eyes on it When Hits $13k Then Be prepared to Buy at $9k.

 

[icecream2k9]

wait for 10k$

 

[blackbeans]

Wait for the next FOMC/Fed Reserve meeting

 

[MV3]

This is financial advice

That's not something you ever want to write.

The reason why people write/say "it's not financial advice" is because of the liabilities which comes along "financial advice". They say it even when it's clearly financial advice. It only means "I'm not responsible of anything, and probably not even allowed to give such advice according to the legislation of many jurisdictions - Don't listen to me. But if you do, that's your problem".

 

[MV3]

I've never understood the hype for btc apart from speculation, because using this crypto makes everyone naked, i mean with a btc address you can know everybody's purchases, no anonymity at all, everything is trackable and checkable by anyone. The dream of any Gov't.
Cash is the only solution for a safe life.

If you do things correctly, you're not supposed to reuse twice the same address.

By using a different address for each transaction, it's pretty hard to follow things, in the end.
BTC is still far better than some other crypto out there, which are developed to use a single address (ex: ETH).
+Everything which goes on the lightning network is pretty private.

Look up "UTXO vs account based" if you want to know more on the subject

 

[TechWoop]

not really, I just waiting for that price below $10k

 

[M4DM4X]

If you do things correctly, you're not supposed to reuse twice the same address.

By using a different address for each transaction, it's pretty hard to follow things, in the end.
BTC is still far better than some other crypto out there, which are developed to use a single address (ex: ETH).
+Everything which goes on the lightning network is pretty private.

Look up "UTXO vs account based" if you want to know more on the subject

thanks for the headsup mate I will look into this.

 

[MasterOfMasks]

That's not something you ever want to write.

The reason why people write/say "it's not financial advice" is because of the liabilities which comes along "financial advice". They say it even when it's clearly financial advice. It only means "I'm not responsible of anything, and probably not even allowed to give such advice according to the legislation of many jurisdictions - Don't listen to me. But if you do, that's your problem".

I know, but it's up to people to decide whether to invest or not.
This is financial advice

 

[M4DM4X]

thanks for the headsup mate I will look into this.

Anyway i still believe the use of digital currencies will ruin people's freedom. Every single purchase will be tracked even if you change your address it is still linked to you and govs can easily control what you spend on. Then next step is allowing or denying people from making purchases depending on their "compliance". Did you hear about social credit? In EU they are currently implementing this.

Anyway apart from these considerations, there is also the fact it's beginning to cost more to mine btc than the expected rewards, due to electricity Bill's. It's bound to fail. Sell now guys.

https://twitter.com/x/status/1590416586971942912

 

[MasterOfMasks]

Anyway i still believe the use of digital currencies will ruin people's freedom. Every single purchase will be tracked even if you change your address it is still linked to you and govs can easily control what you spend on. Then next step is allowing or denying people from making purchases depending on their "compliance". Did you hear about social credit? In EU they are currently implementing this.

Anyway apart from these considerations, there is also the fact it's beginning to cost more to mine btc than the expected rewards, due to electricity Bill's. It's bound to fail. Sell now guys.

https://twitter.com/x/status/1590416586971942912

You can always use privacy coins, or schemes like coinjoin or mixers to obfuscate your coins

 

[Gogol]

Time to buy . guys!
I'll be buying anywhere from $10k to $15k for longterm hodl.

This is financial advice

yaya it will be 700k very soon peasants.

j/k, was expecting this to be honest. I am clean. If anything, I have a 80% profit in a few hours, thanks ftx