Bitcoin WILL DOUBLE & hit $11,000 by end of April

RedDuke said:
Let me get it straight, you think that made up thing Bitcoin, that it easily manipulated by made up shitty USDT (in case you did not know Tethers are created out of thin air), will be a new safe heaven???? Good luck with that.
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You've answered the question yourself.
 
orbit23 said:
Bitcoin halvening is coming in roughly 30 days, which means it's supply will halve.

At the same time, governments are printing enormous amounts of money out of thin air to prevent the economy from straight up collapsing.

This is how FIAT currencies like dollar are losing value.

Bitcoin IS THE DIGITAL gold and a hedge against FIAT currencies devaluation. I predict massive amounts of capital will start flowing into Bitcoin and we will surpass $11,000 by end of April.
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The inflation rate will be cut in half (block reward for successfully mining a new block drops from 12.5 to 6.25 bitcoins), but the circulating supply is still over 18M bitcoins minus all the "lost" private keys.

In the past halvenings, bitcoin price didn't shoot up until after a couple of months...
 
johnarb said:
The inflation rate will be cut in half ..., but the circulating supply is still over 18M bitcoins
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The horror!! Somebody correctly called it inflation rate!

And let's add to the supply all the forks. So what is it, like 54M or more? But you are correct on the last time when big nothing happened, aka priced in.
 
Trader Curt said:
Tether has nothing to do with Bitcoin, and if you have a problem with it, then don't trade Bitcoin for Teether. That's part of having common sense, and it baffles me that I even need to say that.
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Just in case you are not a troll. Tethers can be used to purchase Bitcoins. Tether are created out of thin air, by BitFinex. All that BS about Tethers being backed by anything came out to be a lie. So, what do we have. I made up shit that is allowed to function as if cash, with the sole (real) purpose to keep Bitcoin and others cryptos up.
 
RedDuke said:
Just in case you are not a troll. Tethers can be used to purchase Bitcoins. Tether are created out of thin air, by BitFinex. All that BS about Tethers being backed by anything came out to be a lie. So, what do we have. I made up shit that is allowed to function as if cash, with the sole (real) purpose to keep Bitcoin and others cryptos up.
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First of all, Teether is a completely different crypto that you somehow felt the need to bring up to make Bitcoin look bad. And even if Teether is manipulated, it still holds more value than any American dollar that you trade with. Next time do some research before going into an argument that you know nothing about...
 
Trader Curt said:
First of all, Teether is a completely different crypto that you somehow felt the need to bring up to make Bitcoin look bad. And even if Teether is manipulated, it still holds more value than any American dollar that you trade with. Next time do some research before going into an argument that you know nothing about...
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It is quite simple - Tethers are being created by BitFinex out of thin air. They can create as many as they want. Then Tethers are used to buy up cryptos to lure public in.

Essentially they telling the world that Tethers and USD, EUR, GBP are the same thing.:vomit:

when cryptos will be traded with real currencies only then we can start real debate about crypto validity.
 
Pekelo said:
The horror!! Somebody correctly called it inflation rate!

And let's add to the supply all the forks. So what is it, like 54M or more? But you are correct on the last time when big nothing happened, aka priced in.
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Thanks, but you cannot add the supply of all the forks, and the reason is because they are on different blockchains. If you buy 100 bitcoin cash coins, you do not own any bitcoin btc coins. You know this, but just to reiterate, the monetary value of owning 100 bitcoin cash coins is a lot lower than owning 100 bitcoin btc coins.

And what I was trying to say was that after the halvening, bitcoin btc may spike up in $ value after a few months. No guarantees, though.
 
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