allan.d
Regular Member
- Apr 16, 2021
- 334
- 276
I dont get all this frustation?!
Did you FOMO and lost money or you are just happy because others are loosing money....
I dont get it!
Bitcoin just hit $19k!!!
- Thread starter LuckyGamble
- Start date
I dont get all this frustation?!
Did you FOMO and lost money or you are just happy because others are loosing money....
I dont get it!
Monzani
BANNED
- Jun 3, 2019
- 1,509
- 2,086
BTC became a plaything for millionaires years ago, it is a volatile and easily manipulated asset.
When BTC is cheap enough, the mainstream media and the "experts" publishing analyses that it's all a hoax, etc... then the big players will buy more BTC than ever before and the price will rise again.
Desperate people or people who have invested their lunch money in BTC will be the biggest victims, this play takes months or years. A few months ago the whales cashed out their profits. And now they are preparing to reinvest them in the future to make more money.
When BTC is cheap enough, the mainstream media and the "experts" publishing analyses that it's all a hoax, etc... then the big players will buy more BTC than ever before and the price will rise again.
Desperate people or people who have invested their lunch money in BTC will be the biggest victims, this play takes months or years. A few months ago the whales cashed out their profits. And now they are preparing to reinvest them in the future to make more money.
lokibyheart
Power Member
- May 23, 2019
- 635
- 426
Bro community is so great
devs are so great
this is buying opportunity
TO THE MOON
HODL HODL HODL
BUY THE DIPS, BUY THE FUCKIN DIPS
NEVER SELLING
Wait for the best one
' Diamond hands '
lmao moon boys are so shit
snowboardman
Regular Member
- Oct 9, 2020
- 315
- 274
i think the filthy fkn social media influencers gang and their leader Elon fckd up the future of crypto ( as it is right now) ...
OccultKingdoms
BANNED
- Mar 11, 2013
- 5,542
- 9,844
If people only understood blockchain is just another name for database.
Before coding my first smart contract I thought it's something entirely else.
The jargon makes it seem like some revolutionary thing.
Bunch of bs. People should be more aware of that.
If someone thinks blockchain is the reason crypto is great, what are they going to say about traditional databases used by banks? Genius level? Or ignorance?
LuckyGamble
Banned - Multiple Rules Violations
- Apr 14, 2022
- 1,047
- 1,028
Is this bull market again, guys?
starcity83
Senior Member
- Jun 30, 2011
- 915
- 620
I can't see it going below $15,000.00 before rebounding. Basically with inflation, people can't afford to buy crypto anymore. Until the economy recovers It's going to be tough.
SmmFlix
Junior Member
- Apr 27, 2017
- 156
- 48
True it will be bloodbath on the street.
Personally think BTC can touch $15K. Its a super discounted price. I believe this gona be life changing
PinguSpy
Elite Member
- Dec 7, 2007
- 3,085
- 3,029
Decentralised
Self Service + autonomous
Free flow assets (exchange to account to dex to defi etc)
Unlimited functionality assets (you coin act as currency, company shares, staking/yield)
Transparency
That’s the key. Not because of database blahblah
Nowadays its not just blockchain, we got hybrid blockchain such as DAG and few other more that can perform 50k-100k tps while maintaining the decentralised factor
All with the same purpose to decentralise, autonomous, your financial saas and other saas.
And blockchain is just one of the method.
I have exp borrowing $xxxk usdt via defi/decentralised bank (0% interest) by placing my coin as collateral, while at the same time the coin is on staking mode earning yields > auto pay.
All running automatically, self service in just a few clicks from my room.
Something that can’t be done in traditional financial.
Crypto is insane if you understand deeper enough
Obviously we are still in the “dot com bubble” phase. Just give it 5-10 years more
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randomstrings
Supreme Member
- Feb 3, 2021
- 1,325
- 854
Any reason why its going down.
BusinessMachine
Never responded to a PM about a shitlist
- Dec 31, 2009
- 361
- 94
Its going to zero
learningbee
Registered Member
- Apr 25, 2022
- 54
- 29
This time round, the drop is going to be quite drastic. This is primary due to increased used of leveraged positions unlike previous decline cycle where majority of holders are buying with 100% cash. With leveraged position, the drop would be very drastic due to reduced liquidity in the market and lowering of leverage positions providers. And there isn't sufficient buyers to take up support pricing in all the cryptos.
Example:
10 bitcoin to be sold due to margin call.
Buyer A willing to buy at $1 but with only 2 bitcoin purchased.
Buyer B willing to buy balance of 8 bitcoins but only at $0.2.
There isn't any other buyers available.
As a result 2 bitcoin get sold at $1 and 8 bitcoins at $0.2. Total proceed would be $1.20.
Bitcoin ask price drops all the way to $0.2 and below.
Since there is no central bank interference unlike stocks/ forex, in theory bitcoin can potentially drops to $0.01 or lesser as long as there is no buyer willing to pay a higher price. This is not the worse, as we have alot of other funds and big players who would short the market. This would create artificial selling pressure which could drive down the crypto prices even more.
Saying the above, i do see the discounted price as an opportunity to buy but just not at the moment till I can see that most leveraged positions are unwind.
Example:
10 bitcoin to be sold due to margin call.
Buyer A willing to buy at $1 but with only 2 bitcoin purchased.
Buyer B willing to buy balance of 8 bitcoins but only at $0.2.
There isn't any other buyers available.
As a result 2 bitcoin get sold at $1 and 8 bitcoins at $0.2. Total proceed would be $1.20.
Bitcoin ask price drops all the way to $0.2 and below.
Since there is no central bank interference unlike stocks/ forex, in theory bitcoin can potentially drops to $0.01 or lesser as long as there is no buyer willing to pay a higher price. This is not the worse, as we have alot of other funds and big players who would short the market. This would create artificial selling pressure which could drive down the crypto prices even more.
Saying the above, i do see the discounted price as an opportunity to buy but just not at the moment till I can see that most leveraged positions are unwind.
- Nov 16, 2011
- 19,794
- 11,287
Register on binance and buy there.
lotsofmoney
Elite Member
- Aug 31, 2021
- 3,898
- 1,141
Today it is recovering so by tomorrow we might see 20-22k again.
icrowd
Junior Member
- Jul 30, 2020
- 196
- 50
I bought 10 fil today and going to buy some meth and btc during the bear market. But the prices are good already according to the btc rainbow chart.
Anyway, I am in 65% loss, so it will take a long time for me to recover. Not selling anything. I`ve got 2060 ada for 1.5 and that hurts, but i think I will go through it.