Bitcoin "Freefall"

$6k is fantasy land. I heard Michael Saylor recently say that if all of the institutional money was removed from Bitcoin, including what MSTR purchased, the price would be about $8k. But his company has no intention of selling and institutional adoption is increasing by the day, so the BTC price floor is a lot higher than many people think.
 
nooby_mcnoob said:
current price (47K) -> 53K -> 30K -> 45K -> 20K assuming there is no macro change.
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Those buyers between 4k-20k are getting nervous. Selling about to beget selling.

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Millionaire said:
Everyone told me it was a hedge against inflation.

So i loaded up last year when inflation started to take off.

Why isn't BTC going up to protect my ass?

Was i sold a Texas Hedge?
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Same with gold, every cultist religion is chockers blockers full of myths. :)
 
I don't think there's anything strange about bitcoin falling. Perhaps it will fall again. I think it's a great time to buy the coin and make smart investments. I'm thinking about making a citizenship for myself for investing through cryptocurrency. I read the information here about tax benefits of Caribbean Citizenship and realized it would be the perfect investment for me and my family. So I'm hoping bitcoin will drop further in value soon, I can buy well and then make an investment and get citizenship for my whole family.
 
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