The bitcoin flash crash of June 2011
- Thread starter Tavurth
- Start date
Meaningless drivel, honey... (not badger)
Someone thinks ~30k is the bottom for BTC
On the contrary my analysis says it's more likely 17-20k, so we may see a second leg of the down trend before hitting the true bottom.
On the contrary my analysis says it's more likely 17-20k, so we may see a second leg of the down trend before hitting the true bottom.
When I first encountered Bitcoin in 2010, it was probably worth about $0.0008. This number was so small, I couldn't even conceptualize the thing's value. Consequently, I thought of it as a joke—without even the stature (or lack thereof) of a penny stock, and as a result, I deemed it not even worth my time.
If I had simply purchased 10,000 Bitcoin for just eight bucks, I'd be worth $357,558,000 today!.
Those dreams are still alive today with Moontoken, Ripple, Doge, Shiba Inu, XYO, Reddcoin, Safemoon, Akita, Metamoon, Polygon, and many others. No risk, no reward.
Out of all the impossible stuff, Bitcoin is just one of a thousand that actually appreciated, do not beat yourself over it.When I first encountered Bitcoin in 2010, it was probably worth about $0.0008. This number was so small, I couldn't even conceptualize the thing's value. Consequently, I thought of it as a joke—without even the stature (or lack thereof) of a penny stock, and as a result, I deemed it not even worth my time.
If I had simply purchased 10,000 Bitcoin for just eight bucks, I'd be worth $357,558,000 today!.