Bitcoin Price Thread

Every day i refresh the bitcoin prices. Why the hell are we still in the $70Ks on this digital coin scam?

Absolutely ridiculous.

Wish i could fast-forward time to where this bullshit finally gets nipped in the butt.
 
Every day i refresh the bitcoin prices. Why the hell are we still in the $70Ks on this digital coin scam?
Absolutely ridiculous.
Wish i could fast-forward time to where this bullshit finally gets nipped in the butt.
There is no bs imo.
Bitcoin is trading no different to any other instrument.
There's imo two trading ranges, ~60k, ~70k and ~73.5k.
Once we've popped thru 73.5k, expect maybe a hesitation at 75k round number, then away as per normal.

^BTCUSD_Barchart_Interactive_Chart_05_28_2024(1).png
 
Every day i refresh the bitcoin prices. Why the hell are we still in the $70Ks on this digital coin scam?

Absolutely ridiculous.

Wish i could fast-forward time to where this bullshit finally gets nipped in the butt.
Unfortunately people are going to say 1) Too big to fail AKA vested interest 2) swipe risk under carpet ( both market and exchange failure etc) Fxxxxx millennials or Gen X or Gen WTF or Z or whatever they are called they think just because on boarding app is sexy for a financial product the risk should be ignored, hope it all comes back and bites them on the back side .. while regulators are toothless, wild wild west FX margin OTC then Binary Options then Crypto and then the so called test fee props all of questionable repute
 
To be honest though, if adoption is already getting dispersed, why is the price not moving higher? I understand that maybe when we break above 74k, there might not be as many sellers, so getting to 100k might be easy, but I still think that if there are already so many firms with bitcoin exposure, we should have seen the price be much higher already.

Where are all these bitcoins coming from? I constantly see weekly updates about how miners only produced 3,150 bitcoins per week, and the buying was 7x or 8x of this value, so clearly someone is selling, but I'm honestly surprised there hasn't been more of a supply shock yet.

Any thoughts on this video John? This isn't a channel I watch, so I have no idea about their reputation, but if paper bitcoin with regards to ETFs is actually possible, we have a very big problem.


LOL so they are setting themselves up for a world of hurt!
 
TA is telling me we have another leg up to X, to complete the 5 wave count, and then it will be a wait and see if we head down for a double correction or not.

upload_2024-5-28_4-9-57.png
 
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Every day i refresh the bitcoin prices. Why the hell are we still in the $70Ks on this digital coin scam?

Absolutely ridiculous.

Wish i could fast-forward time to where this bullshit finally gets nipped in the butt.

That's funny because hodlrs refresh the Lambo page every day to check inventory. :)

The only reason this "digital coin scam" bothers you is because you missed out on a life altering opportunity. You shouldn't even be on a stock forum wasting your time whining about it, you should be out with your hot trophy wife sailing the world...we all should. :)
 
Every day i refresh the bitcoin prices. Why the hell are we still in the $70Ks on this digital coin scam?

Absolutely ridiculous.

Wish i could fast-forward time to where this bullshit finally gets nipped in the butt.

Careful! Dont trip on those rosary beads.
 
(BLOOMBERG)

Bitcoin slide
Elsewhere, Bitcoin fell as traders monitored transfers by wallets belonging to the failed Mt. Gox exchange, whose administrators have been stepping up efforts to return a $9 billion hoard of the largest digital asset to creditors. The original cryptocurrency dropped as much as 3.1% and was trading at about $67,850. The weakness spread to smaller coins, including second-ranked Ether.
 
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