BTC - who still laughs about it?!

[TimtheEnchanter]

Oh, You naysayers and peeps of little faith... In the time of Tulipmania, there was no fiat currency debasing and all currency was linked to gold/silver and certainly, there was no such easy way to store value and sell it at the press of a button. Tulips were a stupid thing and the stupider is to link the two and compare.
At any rate, coinbase pro has a stop-loss order...USE IT!

 

[maxinger]

Always look at things positively and from an opportunistic view point.

Price goes up - must profit from it

Price goes down - most profit from it too

 

[TimtheEnchanter]

Always look at things positively and from an opportunistic view point.

Price goes up - must profit from it

Price goes down - most profit from it too

There are two ways to profit from a sell-off - short or bottom fish. Both are hard.

 

[Sprout]

Now BTC price is going to the moon, Mars, and beyond.
It will definitely crash down massively and we don't know when.
If that happens, then it might be TULIP MANIA #2.

The last Tulip mania happened 550 years ago.
BTC has the potential to be Tulip mania #2.
Hope we can experience the Tulip mania soon.
I will laugh when I can experience the Tulip mania #2.

BTC futures margin requirement is damn high at $60K.
It is probably the highest in the world.
Soon margin requirement might exceed $100K, $500K, $1000 000 or beyond!

2nd highest is DAX at 45k euro.
BTC futures volume traded is still not that high (about 8K / day).
When is CME going to introduce mini BTC to improve liquidity ?!?!

They really need a product to settle in BTC. Until then plenty of distortion as BTC decouples from being beta equities.

 

[Sprout]

Always look at things positively and from an opportunistic view point.

Price goes up - must profit from it

Price goes down - most profit from it too

Better context;

 

[maxinger]

View attachment 247771

Better context;

That might be possible.

But you didn't complete the chart.
After BTC hits $1 000 000,
please add the Tulip Mania #2 thing.

 

[Trader Curt]

I am going to save this post and will come when it gets down to 3k again. Then my laugh will be a lot more annoying.

Good, because now it sounds like a puny little mouse

 

[Sprout]

That might be possible.

But you didn't complete the chart.
After BTC hits $1 000 000,
please add the Tulip Mania #2 thing.

For you this post-halving move is tulip mania #4

 

[RedDuke]

It can go much much higher. When BTC is allowed to Be purchased with Tethers, that are created out of thin air, why not print more tethers. Essentially, made up virtual shit being manipulated with another made up virtual shit, suckering people in.

we will only know real price when stable coins are removed.

 

[Cuddles]

It can go much much higher. When BTC is allowed to Be purchased with Tethers, that are created out of thin air, why not print more tethers. Essentially, made up virtual shit being manipulated with another made up virtual shit, suckering people in.

we will only know real price when stable coins are removed.

That's a fairly old argument that's pretty much bunk if you look at the market cap