Bitcoin Price Thread

[johnarb]

Mount Gox wallets showed activity for the first time in a month.

A wallet belonging to a German official entity moved its stash of BTC to exchanges today.

Which wallet will show movement?

arigato

 

[Frederick Foresight]

Needless to say, at the end of the day, whatever goes down will go back up.

There are Nortel investors who might disagree with you.

 

[johnarb]

There are Nortel investors who might disagree with you.

So do bond investors

How much is $100k invested in newly issued 10yr Treasuries in 2020 worth today? heheh

 

[Frederick Foresight]

So do bond investors

How much is $100k invested in newly issued 10yr Treasuries in 2020 worth today? heheh


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I'm guessing you're not familiar with Nortel. Before your time, maybe?

 

[Tokenz]

Keep in mind at the time MT GOX was hacked, Bitcoin then was only about 100 dollars. Why wouldn't anyone want to take profits? I would say 50% are going to sell and 50% are going to be greedy. This might bog the market down for a little bit, but in no way are we finished.

It's very funny the amount of negative nancys that come out from the rocks to tell everyone how right they are

 

[Frederick Foresight]

It's very funny the amount of negative nancys

That's why we have positive Percies. Yinyang. You can't really have a market without both.

 

[semperfrosty]

That's why we have positive Percies. Yinyang. You can't really have a market without both.

Dont forget the Angus Agnostics! @SunTrader

 

[Frederick Foresight]

Dont forget the Angus Agnostics! @SunTrader

Speaking purely about agnostics and not anyone in particular, can agnostics make a decision? Well, yes and no.

 

[Tokenz]

That's why we have positive Percies. Yinyang. You can't really have a market without both.

But who is right?

The people saying it's going to zero? Or the people saying it's going to a million?

This isn't no yin yang because there is only 1 winner, and we all know who is closer to winning...

 

[nitrene]

I was wrong about the Mt.Gox sales being priced in. This is definitely those coins hitting the market. Showing just how shallow the depth of the market is.

https://www.reddit.com/r/path%3D%252Fr%252FBitcoin%252Fcomments%252F1duyt4v%252F

Yeah it does look like an illiquid market. Reminds me of when I used to trade microcaps and some large seller would come and sell more shares than the average daily volume in 5 seconds & it would tank immediately.