Bitcoin Price Thread

Is this guy actually being serious lol??

I looked it up and bitcoin and silver were $35 in 2013...today, that's a 168471% increase for bitcoin and a 11.4286% decrease for silver. Bitcoin and gold were $1200 in 2017.

He looks quite old, so perhaps his memory is not so good. :D

Over the past decade or so, Gold and silver have been mediocre investments compared to virtually everything, and absolutely rubbish compared to Bitcoin.
 
  • A flood of incoming liquidity
  • A strong period for all investments Q4
  • new bitcoin supply has dramatically decreased by half the past 5 months
Bitcoin does not look so weak anymore

upload_2024-9-17_22-32-25.png



The party is just starting

upload_2024-9-17_22-34-18.png


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(credit to GameofTrades on Twitter for M2 money supply image)

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(credit to CarlBMenger on Twitter for image above)
 
(BLOOMBERG)

Bitcoin bull
Hedge fund manager Anthony Scaramucci projected record highs for Bitcoin, fueled by a combination of interest-rate cuts and US regulatory clarity for crypto in the wake of November’s presidential election. “We are going to get pro-cryptocurrency, Bitcoin, and stablecoin legislation in the first part of the next congressional term in the US,” the founder of SkyBridge Capital said in an interview. “At the same time, you’re intersecting with rate cuts from the Federal Reserve.”
 
Lots of news in regards with the Tethers ticking time bomb.

And it makes me scared.

Usually when bad news are released in response Tether just prints more Tethers and pumps the price up HIGHER so the crypto folks dispel the news as "FUD".

I am afraid the fraudsters are going to pump it past ATH, suckering in more naivetés before the ponzi scheme inevitably collapses.
 
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