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  1. johnarb

    BTC $500k, ETH $42k, ChainLink $1,400

    "I just want all the homies to make it this cycle." - @Sicarious
  2. johnarb

    BTC $500k, ETH $42k, ChainLink $1,400

    I think this video might help to explain some things in detail. Dan Tapiero is a good ambassador for the crypto space as he has deep connections to the old wall street people As far as wanting btc to go to the moon, yes, of course, but do take into account that the people who are in the crypto...
  3. johnarb

    BTC $500k, ETH $42k, ChainLink $1,400

    To get to that price, we will need a massive increase in bitcoin adoption Currently, only 46M people in the US own btc and over 120M(?) worldwide I believe the estimated number of btc owners needed to reach $1M/btc is ~3B worldwide The estimated number of btc owners worldwide to reach...
  4. johnarb

    BTC $500k, ETH $42k, ChainLink $1,400

    I do not like it when bitcoin goes down. I agree with you that the market is thin and btc is volatile, as such, I do not attempt to trade in-and-out of bitcoin However, over a long time period, bitcoin goes up in value. For me, buy & hold is a much easier method to reap the benefits of...
  5. johnarb

    BTC $500k, ETH $42k, ChainLink $1,400

    I don't share the same viewpoint as you. Hardly anyone in the US uses btc as currency, only in El Salvador because it's legal tender there. In the US, bitcoin is treated as property and I doubt the US will ever make btc legal tender I am wondering how you see things based on what the price of...
  6. johnarb

    BTC $500k, ETH $42k, ChainLink $1,400

    I don't understand what you mean. I was not discussing Tether with NoahA USG may go after Tether when US CBDC comes out and I'll decide what to do when (if) it happens. Until then, I'll stay long cryptos
  7. johnarb

    BTC $500k, ETH $42k, ChainLink $1,400

    They have companies specializing in chain analysis (which the US government uses for tracking and the IRS recently signed up with to track top crypto blockchains) that analyze how addresses interact with other addresses, i.e. my bitcoin wallet has over 50 addresses ranging in balances from small...
  8. johnarb

    BTC $500k, ETH $42k, ChainLink $1,400

    When bitcoin went to $1 on par with the good ole USD, nothing happened. When btc went to $100, nothing happened, nor when btc went to $1000, or even when btc went to $10,000 or when btc went to $50,000 where the price is very close to at this time When btc hits $100K before eoy, nothing will...
  9. johnarb

    BTC $500k, ETH $42k, ChainLink $1,400

    It's nice to meet you and thank you very much for the post I really like this bitcoin forecast for this cycle. Quick question, when do you think is the end of this cycle per your model? [i.e. 2nd half of next year] I agree, base currency of life should be Bitcoin or Ethereum, fiat is getting...
  10. johnarb

    Bitcoin Price Thread

    I strongly believe I would be broke if I traded btc with leverage It's easier for me to buy and hold bitcoin (and other cryptos) so I don't get shaken out and only able to realize smaller profits or worse, losses I can hold bitcoin (and other cryptos) through major and minor corrections. If...
  11. johnarb

    Crypto private offerings

    I think of Seedify Fund $sfund as a VC (incubator) crypto projects. I got in around $1.80'sh, small position, it ran up all the way to over $7 or $8, due to youtuber JRNY making a whole video on it Small position for me, which crashed all the way to 25 cents for each Sfund when btc was...
  12. johnarb

    Bitcoin Price Thread

    Bitcoin is going to $2M according to the research report by Greg Foss Fidelity says bitcoin is going to $10M before end of the decade and to $100M by 2035 I don't know if I'm ready for so much $$$ :D
  13. johnarb

    Crypto Favorites

    Biggest volume is on Uniswap dex, but the fees on Ethereum (Uniswap is on the Ethereum network) are high) You can try balancing it out by swapping a bigger amount per trade, say $1000+ worth so the fees are a smaller % of the value traded PS: I do not own any HEX, nfa...
  14. johnarb

    Today, McDonalds, Starbucks, Pizza Hut, and others accept bitcoin in El Salvador

    "handed a silver spoon" My friend's parents passed away before he was able to sell his share of the land with 8 siblings. He sold the land for about $700 He stopped going to school as was too poor to buy supplies, mainly the school uniform which has standards , can't got in shoes with holes or...
  15. johnarb

    Today, McDonalds, Starbucks, Pizza Hut, and others accept bitcoin in El Salvador

    Apologies and no disrespect, but I disagree Poor and uneducated does not mean incapable of managing income streams, investments and savings Please hear me out Our ancestors since ancient times have survived by managing crops harvest and saving for rainy days. Remember the ants and the...
  16. johnarb

    Bitcoin Price Thread

    No worries, it's all good! :D I don't know how traders who use leverage handle such huge volatility, I guess it's all good if you can get on the winning side I was watching during the flash crash and saw >6 figures "paper" loss in my crypto portfolio, but to put it into perspective, it's just...
  17. johnarb

    Today, McDonalds, Starbucks, Pizza Hut, and others accept bitcoin in El Salvador

    Others already mentioned but it needs clarification. The price reference for goods and services in El Salvador is still the US $ The price volatility occurs on the bitcoin price 100M satoshis = 1 btc 0.00000001 btc = 1 sat or satoshi Let's say btc is at $50,000 200,000 sats = $100 =...
  18. johnarb

    Today, McDonalds, Starbucks, Pizza Hut, and others accept bitcoin in El Salvador

    Too many factors to consider on your post. The answers will be up to each individual Please see my previous post re: the instant-conversion of btc to USD I will make a separate post which others have already mentioned earlier in the the thread re: reference of value which is USD
  19. johnarb

    Today, McDonalds, Starbucks, Pizza Hut, and others accept bitcoin in El Salvador

    The invoice cannot change, it is valid for a specified time, usually 15 minutes or less I was on the Twitter Spaces that happened spontaneously with 10's of thousands of participants and at the center was President Bukele and his brother (who's a government official) One of the questions was...
  20. johnarb

    Today, McDonalds, Starbucks, Pizza Hut, and others accept bitcoin in El Salvador

    It was a grammar mistake on my part. I meant to say "it's faster than a credit card transaction and it's a contactless payment Fun fact, if presented with a lightning network qr code invoice, you can take a picture, txt it to your cousin in the US and he can pay for it, but that would cause a...
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