SHOULD I BUY BITCOINS?

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Stash

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Re: SHOULD I BUY BITCOINS?
« Reply #120 on: January 17, 2021, 11:29:56 AM »
Big move is expected in about 5-7 days. It might go down to about 24k or up to nearly 50k.

Yeah, I've read there's been a lot of profit taking and more to come. But yeah, it's BTC, who knows. I read briefly about some guy who's offering 10's of millions of dollars to people to help him search a landfill because that's where he thinks his $270m worth of BTC password is. I can't imagine.

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Definitely Not Swedish

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Re: SHOULD I BUY BITCOINS?
« Reply #121 on: January 17, 2021, 11:33:36 AM »
According to my very accurate prediction, the bullmarket will be officially over once the btc drops below the upper blue line. The bear market will bring prices down to approx. 10k USD, but it's unlikely to fall significantly lower.

« Last Edit: January 17, 2021, 11:37:48 AM by Definitely Not Swedish »
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Definitely Not Swedish

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Re: SHOULD I BUY BITCOINS?
« Reply #122 on: January 17, 2021, 11:36:00 AM »
Big move is expected in about 5-7 days. It might go down to about 24k or up to nearly 50k.

Yeah, I've read there's been a lot of profit taking and more to come. But yeah, it's BTC, who knows. I read briefly about some guy who's offering 10's of millions of dollars to people to help him search a landfill because that's where he thinks his $270m worth of BTC password is. I can't imagine.

Sucks for him.
I personally started to cash out at around 26k already because I expected bigger drops sooner.
As of making money with btc. I started with $500, right now I got about 1400 cashed out and like 600$ still invested in crypto. Tho 100 of that is on an scam-exchange so I most likely will never get that back.
Quote from: croutons, the s.o.w.
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Stash

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Re: SHOULD I BUY BITCOINS?
« Reply #123 on: January 17, 2021, 11:37:24 AM »

According to my very accurate prediction, the bullmarket will be over once the btc drops below the upper blue line. The bear market will bring prices down to approx. 10k USD, but it's unlikely to fall significantly lower.



If you're right, I may dabble and buy in when that happens. Just for fun. And spray paint my password on my living room wall.

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sokarul

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Re: SHOULD I BUY BITCOINS?
« Reply #124 on: January 17, 2021, 06:39:05 PM »
Here in America tax season is coming up. Many people are going to get refunds. Not saying America is the only country but plenty of people will be buying soon.
So I donít see it dropping much.
« Last Edit: January 17, 2021, 06:43:35 PM by sokarul »
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Bullwinkle

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Re: SHOULD I BUY BITCOINS?
« Reply #125 on: January 17, 2021, 07:53:19 PM »
BullwinkleBux have triplled in value. Tax free. They don't fluckuait. Just grow.

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Definitely Not Swedish

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Re: SHOULD I BUY BITCOINS?
« Reply #126 on: January 17, 2021, 09:57:05 PM »
BWB is the worst shitcoin of them all, even worse than ripple!
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Bullwinkle

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Re: SHOULD I BUY BITCOINS?
« Reply #127 on: January 17, 2021, 10:35:55 PM »
BWB is the worst shitcoin of them all, even worse than ripple!
Just wait until the board game comes out.

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Definitely Not Swedish

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Re: SHOULD I BUY BITCOINS?
« Reply #128 on: January 17, 2021, 10:39:32 PM »
Ngl, I'd buy that.
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boydster

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Re: SHOULD I BUY BITCOINS?
« Reply #129 on: February 03, 2021, 07:06:16 PM »
How many bitcoins is the right amount of bitcoins to buy right now? That is the question.

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Definitely Not Swedish

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Re: SHOULD I BUY BITCOINS?
« Reply #130 on: February 03, 2021, 07:40:37 PM »
Buy the tip, sell the dip!
Quote from: croutons, the s.o.w.
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Bullwinkle

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Re: SHOULD I BUY BITCOINS?
« Reply #131 on: February 03, 2021, 10:03:17 PM »
How many bitcoins is the right amount of bitcoins to buy right now? That is the question.
BullwinkleBux are the next better mousetrap.Get in on the ground floor.
(don't give me shit about floors if you're in England).

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Definitely Not Swedish

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Re: SHOULD I BUY BITCOINS?
« Reply #132 on: February 03, 2021, 10:25:22 PM »
Buy the tip, sell the dip!

I, on the other hand, started a long position with x7 leverage at around 34k. It's now at +70% or so.
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Re: SHOULD I BUY BITCOINS?
« Reply #133 on: February 07, 2021, 08:59:05 AM »
I tossed $2500 at Ethereum a couple months ago. Somewhere between 150%-200% return at the moment; it's pretty volatile. But I'm keen on the dApp concept and think in the long term there will be a move to decentralized implementations of more global functions.

Then again, SkyNet ...

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boydster

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Re: SHOULD I BUY BITCOINS?
« Reply #134 on: February 08, 2021, 06:28:58 AM »
BTC just got juiced with some sweet sweet Tesla money.

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Definitely Not Swedish

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Re: SHOULD I BUY BITCOINS?
« Reply #135 on: February 08, 2021, 09:47:39 AM »
From Reddit, about dogecoin:


Dogecoin produces 10,000 coins per block at a rate of roughly 1 block per minute. That's around 14m coins per day. Let's see how long you can sustain a pump with those numbers against you.

Honestly, I don't really mind pumping coins, particularly joke coins like Doge. But if I see another post from someone saying "but what if Doge is the next Bitcoin" I think I'll crack!
You can only pump a coin like Doge so far! I'm seeing people saying "what if it gets to $100 or even $1000?". Do they have any idea how many of these coins are in circulation?!
Part of the whole joke of Doge was its rediculous supply cap and real terms inflation, with literally billions of new coins being generated annually. You can only sustain the upwards trajectory of something like that for so long...
If you're a newbie playing with Doge, these is a huge chance your going to lose next to everything. The actual coin is designed to lose "value", the fundamental function of the coin is actively working against you!

Quote from: croutons, the s.o.w.
You have received a warning for breaking the laws of mathematics.