Bitcoin Price Thread

schizo said:
Second one is the possibility of a global war. If you've studied world history, you would know that big wars erupted every 100 years. The first world war started in 1914, so we're definitely due for another one
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They actually made a sequel which you'd enjoy.

Its right up there with The Godfather Part 2 and Rocky III.
 
NoahA said:
I will say though, the worry I have is all the coins that Germany wants to sell plus Mt. Gox. I almost think this all could be co-ordinated in order to try and bring bitcoin down one last time by the governments. Its really their last chance. I did see that Justin Sun offered to buy all of Germany's coins, so there could likely be big buyers ready to absorb, but it is quite a bit of coins up for grabs in a short amount of time.
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Germany can sell all their bitcoins only once, then no more

Same with Mt Gox, but I think most of the Mt Gox coins are going to hodl



 
schizo said:
Well, best of luck to you. But I foresee 2 big catastrophic events brewing in the next 10 years. The first big one is the climate. We're really in big shit. I personally believe we've already reached the tipping point, where it's too late to fix the damage. I expect there will be massive natural disasters, at least 10x today's catastrophes. Second one is the possibility of a global war. If you've studied world history, you would know that big wars erupted every 100 years. The first world war started in 1914, so we're definitely due for another one. And the way the current geopolitics is unfolding with media hysteria from both left and right, such an assumption is not far-fetched.
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The media anymore, that both hysterical left and right listen to, is social media. So yup we are screwed.
 
German government sent 10K Bitcoins to exchanges just today!!! and they have 13K coins left in wallets.

It's very obvious what is happening here. We have a DETERMINED seller that WANTS TO GET OUT and on the other hand we also have a bunch of BAGHOLDERS hoping their magical internet coins are going to the moon.

Those bitcoins are getting sold whether you like it or not. The market makers and shorters are going to front-run the seller and pull all bids out of the market; there will be a short term collapse towards the $40Ks.

I recommend applying vaseline in advance, because it's going to hurt.
 
Your future self is going to congratulate you if you decide to sell your bitCONs at $60K. Other participants are not going to be so lucky as they end up leaving with worthless coins.

We thought of a decentralized revolution, but it turned out to be a ponzi scam ran by criminals. It's time to leave the sinking ship.
 
orbit23 said:
Your future self is going to congratulate you if you decide to sell your bitCONs at $60K. Other participants are not going to be so lucky as they end up leaving with worthless coins.

We thought of a decentralized revolution, but it turned out to be a ponzi scam ran by criminals. It's time to leave the sinking ship.
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Just a reminder that orbit thought BTC was a bubble at $200.
 
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