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  1. johnarb

    Bitcoin Price Thread

    Oh boy, oh boy, your question is very exciting!!! I don't even know where to start, lol. There are 18.6M bitcoins, currently, and there will only be 21M bitcoins, a hundred years from now. It is estimated ~4M bitcoins (private keys) are lost forever There's not enough for every millionaire in...
  2. johnarb

    Bitcoin Price Thread

    You know with this latest bitcoin price dip, the bears are spreading fud. I'm worried that some folks new to the cryptos space may get shaken out. I cannot offer financial advice but people should realize that bitcoin is open source and the bitcoin blockchain is a public, transparent ledger...
  3. johnarb

    BTC - who still laughs about it?!

    I guess we're back to that childish exchanges, anyway, knock yourself out with your angry-for-missing-out attitude on cryptos Have a nice life
  4. johnarb

    Bitcoin Price Thread

    I wish I was more trustworthy of centralized exchanges, I'm planning to deposit 3 bitcoins to Celsius, 2 at BlockFi (1 already there) 2 at Nexo and the rest on local wallets. Maybe over time, will deposit more cryptos on the platforms. When putting cryptos on these platforms, have to be...
  5. johnarb

    BTC - who still laughs about it?!

    Yes, but it has been the best "investment" of our lives
  6. johnarb

    Bitcoin Price Thread

    You cut off my detailed post I think I addressed all the finer points of why, but let me know if there's a specific aspect I did not cover. I appreciate the concerns, Pekelo. We disagree on investment wrt bitcoin and cryptos, but at least we still try to help each other out.
  7. johnarb

    BTC - who still laughs about it?!

    It's cryptos :D I thought you said that you're not a person who laughs when people lose money in their investments?
  8. johnarb

    Bitcoin Price Thread

    Pekelo, to answer your question on the other closed thread and related to this cashing out, you don't think I would just dump $150K worth of bitcoins on Coinbase in 1 shot, do you? The plan was to sell this week, I've prepared the 3 bitcoins so far, but as a cautious cryptos person, I can only...
  9. johnarb

    Bitcoin sold off about $5000 in minutes...

    That's very fair analysis. I'm sorry but I will have to disagree with you in the current time. If we're talking purely technicals, yes, I'll have nothing to counter your argument. However, the numbers are published by GBTC, and they cannot lie or make up these numbers or the SEC will go after...
  10. johnarb

    Bitcoin sold off about $5000 in minutes...

    I don't know why start this thread just because bitcoin went down over $5000 when there's already a Bitcoin price thread discussion Anyway, here's my 2 satoshis on what's going on on this fine Sunday (US time). Some bitcoin powerful forces (whales?) are taking advantage of Bitcoin/Cryptos...
  11. johnarb

    Bitcoin sold off about $5000 in minutes...

    FUD. If you actually believed your BS or you were not so scared, you'd act on it. https://elitetrader.com/et/threads/bitcoin-price-thread.315402/page-277#post-5282600
  12. johnarb

    Bitcoin sold off about $5000 in minutes...

    Can't believe the level of trader incompetence here on ET calling for a crash to $20K (especially from someone who was celebrating when it dipped from 28K to 26K and I said buy the fucking dip, and again celebrating when bitcoin dipped from 34K to 26K and was nowhere to be seen when bitcoin...
  13. johnarb

    Bitcoin Price Thread

    When you use words like greed, greedy or stupid for bitcoin buyers above $40K, they can easily apply to anyone hodling bitcoin at those levels and not cashing out. I can't speak for other long term hodlers, but greed is not my motivation. I'm fearful of a bitcoin crash. I'm worried of another...
  14. johnarb

    Bitcoin Price Thread

    No need to be coy. We know how you feel about bitcoin at $40K. You posted about it twice. If you shorted earlier today, you could have made some money. Perhaps you'll get another chance, will you short bitcoin if it hits $40K again? Asking for a friend...
  15. johnarb

    Bitcoin Price Thread

  16. johnarb

    Using Bitcoin historical prices to try to asses the current price potential of BTC

    You're not ready for bitcoin if you're waiting for others' validation. Bitcoin is open source and has been available to everyone in the world for 12 years. Grandpa can use Paypal along with hundreds of millions of other Paypal customers to buy bitcoin and it won't get stolen (doesn't allow...
  17. johnarb

    Bitcoin Price Thread

    Minor??? Yikes, ok, I surely am hoping that very major crash you describe never happens but if it does, hope I'm able to cash out a significant portion of our crypto pfolio
  18. johnarb

    Newbie in the cryptoworld

    Bitcoin (cryptos) markets/trading is open 24/7 which can be a double-edged sword due to the risk of overtrading. I've transferred coins at literally 3AM Sunday when it's very difficult to think straight. Funny thing about "cryptos time" is once you get used to it, you wonder why everyone else...
  19. johnarb

    Grayscale Holds Over 3% of Bitcoin, Sees Pension Interest

    Very nice: “We’ve started to see participation not just from the hedge fund segment, which we’ve long seen participation from, but now it’s recently from other institutions, pensions and endowments,” Michael Sonnenshein, who was named successor to founder Barry Silbert on Thursday, said in an...
  20. johnarb

    Bitcoin Price Thread

    You keep saying Tulip Mania #2, but that does not make bitcoin a tulip mania just because you say it 100 times :D Bitcoin has had several 90% price crashes in the past as others have pointed out to you, but you can keep hoping and waiting for that 99%+ crash, maybe it will happen before all...
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