Oh boy! Bitcoin at $55k!

Brickbat1

Jr. VIP
Jr. VIP
Joined
Mar 22, 2010
Messages
1,380
Reaction score
781
Its just incredible to actually watch this thing happen far faster than I expected. I thought $100k by the year end..at this rate, it will be by march ending.
 

Lord46

Regular Member
Joined
Mar 12, 2020
Messages
369
Reaction score
163
Its just incredible to actually watch this thing happen far faster than I expected. I thought $100k by the year end..at this rate, it will be by march ending.
What do you think, is it a good time to now buy bitcoin?
 

Brickbat1

Jr. VIP
Jr. VIP
Joined
Mar 22, 2010
Messages
1,380
Reaction score
781
What do you think, is it a good time to now buy bitcoin?

There is never a good time in this market now, buying on a dip is just the only way now..
 

Evoxt

Jr. VIP
Jr. VIP
Joined
Jan 5, 2021
Messages
193
Reaction score
55
Damn, party time ! Congrats to all bitcoiners !
 

davids355

Super Moderator
Staff member
Moderator
Jr. VIP
Joined
Apr 25, 2011
Messages
17,743
Reaction score
22,446
Website
9amcrypto.com
BTC has really gone crazy let’s hope it keeps going the same way.
 

Brickbat1

Jr. VIP
Jr. VIP
Joined
Mar 22, 2010
Messages
1,380
Reaction score
781
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:


A whale institutional buyer caused the jump.
 

mrkosebey

Jr. VIP
Jr. VIP
Joined
Dec 22, 2020
Messages
125
Reaction score
39
With the current money printing, it can accelerate to 100k soon.
 

Brickbat1

Jr. VIP
Jr. VIP
Joined
Mar 22, 2010
Messages
1,380
Reaction score
781

theeyeinside

Regular Member
Joined
Aug 19, 2014
Messages
496
Reaction score
429
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
 

benxjugger

Newbie
Joined
Sep 8, 2020
Messages
40
Reaction score
63
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

You clearly have no fucking clue what you are talking about. What a confidence though.
 

Brickbat1

Jr. VIP
Jr. VIP
Joined
Mar 22, 2010
Messages
1,380
Reaction score
781
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

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.
 
Last edited:

Brickbat1

Jr. VIP
Jr. VIP
Joined
Mar 22, 2010
Messages
1,380
Reaction score
781
@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.
 

KingPluto

Jr. VIP
Jr. VIP
Joined
Nov 2, 2020
Messages
286
Reaction score
297
It's very scary whats happening right now with Crypto.
 
Top