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I've mentioned a couple of times in my old posts that a big risk to bitcoin is US banning it. The Mnuchin comments are "scary" as there are a lot of requirements being mentioned that a majority of US bitcoin/cryptos participants are not equipped to comply with (yet). Let's say you have a...

Delayed (downward pressure on btc price) reaction on the Mnuchin comments re: Bitcoin, cryptocurrencies and Libra. As a bitcoin/cryptos believer, this is probably the biggest negative news we've gotten in a long time, imo. We got uncertainties on responsibilities and requirements of the many...

Of course! One has to have a wild imagination to believe in the feasibility of the bitcoin concept (Whitepaper)! Talk is cheap for most people, but the Fed Chairman is no ordinary person. His words are meticulously calculated and this was not a comment that was said in a moment of inattention...

and also go up 20% in the same time frame... Anyone who can't handle the downside is not deserving of the upside. By the way, let's take a SoV Real Estate asset (you won't like it if it's land, so let's take a house investment). $500,000 purchase price, you put $100K downpayment, let's say all...

I like this analysis! :D

Pekelo, my friend. I'm glad we're on the same page now and bitcoin is a store of value as declared by Fed Chairman Powell. I also agree with you that anything can be a store of value, such as gold, silver, cabbage patch kids, lambo, land, real estate, etc.... Now that's settled, there are 3...

My friend, you have 2 messages there and I don't want to put words in your mouth. So on one note, you're saying he's wrong to compare bitcoin to gold, got it, you're more of an authority because you're an ET poster and you know more about markets and assets and such. The other message is that...

Just to be clear... This is the current Chairman of the Federal Reserve Jerome Powell. All market participants in the world is listening, evaluating, deciphering and studying every word he says during meetings like this one or the ones he issues for print. He's not your average ET poster :D

:)

Hey, it's back over $13K after a week, what a wonderful unstable market :D

touché Bitcoin is pumped due to very high demand for the asset, otherwise it would have died and continued to go down during the bear market last year. You choose to ignore, ETrade, Ameritrade, Fidelity, NYSE (ICE) and all kinds of news that have been posted as well as the many news on...

Google USD Tether. It has legitimate functions and it's part of the system. Bitcoin is a global asset and is decentralized. Fed can print all they want and you're ok with that, because "they are regulated", good for you :D I know you don't trade bitcoin. You just like to talk sh*t about it, and...

It's like saying remove all the QE and let's see where the stock market goes, lol Live with the situation, stop complaining about something you can't do anything about. Adapt.

Roubini? The guy's a big joke...

It doesn't seem to be going in your direction today, which is why you didn't post :rolleyes: Don't worry, save your $1K and you'll be able to buy .01 btc when bitcoin hits $100K :D

Keep hope alive...

You can pray and wish all you want, but bitcoin will never go to $1K or below :D

Of course, you're back! lol Who promised you that bitcoin is going to stay stagnant in price? How else would it achieve several hundred percent % returns if it was stable :cool: By the way, $10,000+ is an excellent price from my pov, $1,000 or lower is not. It was at this price 1 week ago, so...

https://www.bloomberg.com/news/articles/2019-06-28/kkr-s-kravis-invests-in-his-former-credit-analyst-s-crypto-fund Henry Kravis is the latest titan of finance to take a shot at cryptocurrencies. The co-founder of KKR & Co. has invested in the flagship fund of ParaFi Capital of San Francisco...

Let's stop and examine this. Why would you put 1 cent in an investment that you believe is a ponzi, let alone use a DCA to build a long-term position? I never believed bitcoin was a ponzi or a scam, if I did, I would have sold all my (cryptos) investments a long time ago.