Bitcoin Price Thread

NoahA said:
I think there is one critical difference here. Bitcoin isn't going to be like a stock that will eventually come back down, or whose price needs to always be justified by company performance. Granted, we seem to have these bitcoin cycles every 4 years, but I'm convinced that the cycles will be broken at some point.
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We've been through this before, so I will make it brief. Bitcoin is controlled by the market, namely buyers and sellers. And the greed and fear that drives the market will never go away IMO. As such, bull market will be followed by bear market, and back and forth, ad nauseam.

Lastly, my job as a trader is not to impose my own thinking and belief on the market. It ain't like it will listen to me anyway, right? So why fight it?
 
Generational Bitcoin short is coming, pay attention.

There is not going to be a bitcoin reserve, don't be silly. The current administration is letting this scam infested industry thrive.

The first thing Trump will do when he comes in office is clean up the house. Say goodbye to Tether, Bitfinex and endless pumping that came with it.
 
orbit23 said:
Generational Bitcoin short is coming, pay attention.

There is not going to be a bitcoin reserve, don't be silly. The current administration is letting this scam infested industry thrive.

The first thing Trump will do when he comes in office is clean up the house. Say goodbye to Tether, Bitfinex and endless pumping that came with it.
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Scam is Trump's middle name.
 
SunTrader said:
Scam is Trump's middle name.
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I dont think we'd put it past him to load his bags and those of everyone he knows and then 'regulate' accordingly.:D

Same as when he goes to North Korea to broker a peace deal,most of the time will be spent negotiating mutually appealing resort developments along the coast.:D:D

Not a political commentary,I just dont think you can take the wheeler and dealer out of the man or the family.
 
it baffles me how this ponzi scheme is still on-going.

Biden situation was absurd, Bitcoin is just as absurd if not more (but in it's own way).

In the end common sense will prevail. Until then, Tether can still print fake dollars and pump the price some more.
 
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