If bitcoin were to lose 50 60 70 80% of its value, lots of bitcoin bulls would show less interest than more. Last time bitclin fell.over 80% it was almost forgotten about until just recently after it broke 20k and ran up to new highs. The same thing will happen again. This time though the drop will be more significant in that there are millions more now trading cryptocurrencies than ever before. This could also leak into the stock market as well. Could Definitely be a collapse in both markets. All asset prices are in a bubble and when one goes pop they will most likely all go POP!
Elon Musk endorses Bitcoin
- Thread starter mlawson71
- Start date
If bitcoin were to lose 50 60 70 80% of its value, lots of bitcoin bulls would show less interest than more. Last time bitclin fell.over 80% it was almost forgotten about until just recently after it broke 20k and ran up to new highs. The same thing will happen again. This time though the drop will be more significant in that there are millions more now trading cryptocurrencies than ever before. This could also leak into the stock market as well. Could Definitely be a collapse in both markets. All asset prices are in a bubble and when one goes pop they will most likely all go POP!
You can short gbtc and mstr ....mstr will quickly drop to a few hundred bucks a share if bitcoin trades back below 20k
Its possible occurred again Bitcoin bubble burst like as 2017, and many people know Elon Musk is the great name in the world because they owned SpaceX and tesla inc, few days ago he talked about doge also increasing dogecoin, I think Bitcoin also will arise due sentiment market believe Bitcoin will skyrocket on future, but I think need to beware with bubble burst
Many did with GME.
WTF old man?! There is nothing you can short like that, the lending party always wants collateral and why would anybody lend you anything without it??
you first
BTC and other cryptos arent going anywhere. China is already making a federal crypto coin.
Africa is going to start using other cryptos soon for bill pay etc.
You people are hilarious thinking you know whats going on and cant read the writing on the wall. Just because you are dumb and dont understand it doesnt mean its going to "pop and go away" - its just beginning.
When other companies follow what Elon did (and they will in time), BTC will skyrocket even more. You should listen to actual conference calls from people in the real investment world instead of sitting here being a legend in your own mind not knowing jack shit except how to change your depends.
Africa is going to start using other cryptos soon for bill pay etc.
You people are hilarious thinking you know whats going on and cant read the writing on the wall. Just because you are dumb and dont understand it doesnt mean its going to "pop and go away" - its just beginning.
When other companies follow what Elon did (and they will in time), BTC will skyrocket even more. You should listen to actual conference calls from people in the real investment world instead of sitting here being a legend in your own mind not knowing jack shit except how to change your depends.
Too funny, yet so true, lol
I posted a video interview of NYDIG Chair Ross Stevens of first-hand account on overwhelming demand from Institutions to invest in bitcoin, but these naysayers are too lazy to watch it or busy changing their depends
Here's another one from the CEO of Celsius Network, the 2nd largest custodial holder of bitcoin explaining what they are seeing on the front lines wrt bitcoin demand
I started the videos at the point of significance
Edit: added the NYDIG video
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BNY Mellon, Mastercard
Latest adopters. Anyone else want to look like a moron even more than they already do? Go ahead and post.
Latest adopters. Anyone else want to look like a moron even more than they already do? Go ahead and post.