To Everyone saying Bitcoin will go to 10k or 5k....

ktm said:
I just think it's hilarious the giant sets of balls that suddenly appear when something bounces 10% off the low. Best of luck to you guys but I personally wouldn't own this shit if it was free right now.
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you should not lurk around in a trading forum if you didn't want to own something for free that's worth 23k$ per piece^^

Jokes aside, permabulls are almost as stupid as permabears. While we had fun shorting puts and selling skew, let's be realistic..no new highs until 2024^^
 
LOL The OP is in either a pathetic troll or he/she must be deep in crypto especially BTC the way that he/she spews out at least two threads per day pushing cryptos on everybody. I've got news for him/her: https://www.thestreet.com/investing/crypto-miners-moved-300-million-bitcoin-from-wallets

If miners themselves are dumping cryptos that means there is no future in cryptos. The fantasy with crypto is done. It might be for the future but certainly not now. If the OP's got huge inventory in crypto, it would be wise for him/her to unload some to recoup his/her expenses/investment otherwise he/she is in for a long wait for the future where crypto MIGHT be in wide use.
 
TheDawn said:
LOL The OP is in either a pathetic troll or he/she must be deep in crypto especially BTC the way that he/she spews out at least two threads per day pushing cryptos on everybody. I've got news for him/her: https://www.thestreet.com/investing/crypto-miners-moved-300-million-bitcoin-from-wallets

If miners themselves are dumping cryptos that means there is no future in cryptos. The fantasy with crypto is done. It might be for the future but certainly not now. If the OP's got huge inventory in crypto, it would be wise for him/her to unload some to recoup his/her expenses/investment otherwise he/she is in for a long wait for the future where crypto MIGHT be in wide use.
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yeah, sure buddy. Every week a new TradFi player is moving into the space but some monkey from an internet forum is smarter than a horde of finances brightest minds
 
MrMuppet said:
you should not lurk around in a trading forum if you didn't want to own something for free that's worth 23k$ per piece^^

Jokes aside, permabulls are almost as stupid as permabears. While we had fun shorting puts and selling skew, let's be realistic..no new highs until 2024^^
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It's only worth $23K/piece because everybody is hyping it to be thinking that it will become legal tender of every country in the world and they want to be in on it right at the beginning so when it does get adopted as legal tender, they can be ahead to be rich. But if this is not going to happen, then the crypto will have no real value besides being another tradable commodity and not even if nobody's going to be holding it. Like I said many times before, so far crypto and especially the BTC hasn't fulfilled any of its purported advantages even including anonymity.

To categorize crytpos more positively, it's hype. To put it more harshly, it's a ponzi scheme.
 
MrMuppet said:
yeah, sure buddy. Every week a new TradFi player is moving into the space but some monkey from an internet forum is smarter than a horde of finances brightest minds
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Well even the finances' brightest minds like Warren Buffet thinks crypto has no value besides it being another method of payment.
 
TheDawn said:
It's only worth $23K/piece because everybody is hyping it to be thinking that it will become legal tender of every country in the world and they want to be in on it right at the beginning so when it does get adopted as legal tender, they can be ahead to be rich. But if this is not going to happen, then the crypto will have no real value besides being another tradable commodity and not even if nobody's going to be holding it. Like I said many times before, so far crypto and especially the BTC hasn't fulfilled any of its purported advantages even including anonymity.

To categorize crytpos more positively, it's hype. To put it more harshly, it's a ponzi scheme.
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You can just admit that you have no clue what's actually going on.

But I like the fact that you're so opinionated and emotional about it. Another one left in the dust in the biggest growth market of the century
 
TheDawn said:
Well even the finances' brightest minds like Warren Buffet thinks crypto has no value besides it being another method of payment.
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MrMuppet said:
You can just admit that you have no clue what's actually going on.

But I like the fact that you're so opinionated and emotional about it. Another one left in the dust in the biggest growth market of the century
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emotional?? LOL When was I emotional? LOL Just giving you a dose of reality: Crypto is a ponzi scheme. If BTC has exhibited an ounce of what it said it would be, it wouldn't have crashed this much and wouldn't have this much volatility. It's supposed to be money, money, a medium of exchange that you are supposed to be able to use to exchange for other things. Do you see your money changing value by 2+% every day? We have annual inflation of 2% and we are screaming murder, imagine having an inflation of 2% every day??!!
 
TheDawn said:
emotional?? LOL When was I emotional? LOL Just giving you a dose of reality: Crypto is a ponzi scheme. If BTC has exhibited an ounce of what it said it would be, it wouldn't have crashed this much and wouldn't have this much volatility. It's supposed to be money, money, a medium of exchange that you are supposed to be able to use to exchange for other things. Do you see your money changing value by 2+% every day? We have annual inflation of 2% and we are screaming murder, imagine having an inflation of 2% every day??!!
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Anything with big rallies will have big crashes, it's all part of the game. If things like this shake you up then stay out of crypto
 
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