Bitcoin Price Thread
- Thread starter Magna
- Start date
For the non trekkies:
Beautiful play Johnny.
You rode it up unfettered and you knew when and how to get out with a well defined plan.
Very impressive, to say the least.
Played like a professional trader.
Let me know when you get into stocks.
He should have stick to making Electric cars, going to Mars ....
and not trying to be a professional trader.
Some have suggested potential insider trading/price manipulation accusation, time will tell if Musk will have to pay a hefty price for his tweets.
Likely China gave Elon an ultimatum regarding BTC and his future manufacturing and selling Teslas in China.
Thank you, vanzandt! My situation has forced me to act extremely defensively
Maximizing (potential future) profits is not the priority when our family has no safety net
I was selling until after 3am my local time, almost missed an Uber eats delivery as I was sending to multiple exchanges and withdrawing to multiple bank accounts
By night time, I'm just leaving the $$$ on the exchanges and worrying about withdrawals later
Glad I was asleep, it looks like btc crashed to $30K and now on a somewhat upward movement
I'll start the selling process again soon, since my last batches of crypto sales were in the 40K, so there's a batch for 39k and 38k
We are so thankful... We are blessed
Logging out and will check back from time to time on ET when waiting for block confirmations
There is no way crypto works as a medium of exchange. If someone sold a house for bitcoin 2 weeks ago they could be down 20% now. Or if you sold a car for bitcoin you just took a loss.
at least the Dollar does not have those crazy moves. At this point Crypto is just a trading instrument for speculation only.
at least the Dollar does not have those crazy moves. At this point Crypto is just a trading instrument for speculation only.
People who believe in cryptos long term have no clue how inflation works. It's not just linked to fiat currencies. It's more linked to the increase of prices in goods and services. That's their number one attack point re fiat. They have most likely never run a principal component analysis to break down the main drivers of the velocity of an object under investigation.