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Attachments: What news can push BTC to $200k price?
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What news can push BTC to $200k price?

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  • Post #1
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  • First Post: Oct 5, 2021 7:08am Oct 5, 2021 7:08am
  •  PipsCrasher
  • | Joined Dec 2020 | Status: Member | 14 Posts
Bitcoin is very dependent on news, because any decision made in relation to cryptocurrencies has resonance and is very actively influences investors.
  • Post #2
  • Quote
  • Oct 5, 2021 7:35am Oct 5, 2021 7:35am
  •  Barrg1
  • | Joined Apr 2016 | Status: Member | 56 Posts
Quoting PipsCrasher
Disliked
Bitcoin is very dependent on news, because any decision made in relation to cryptocurrencies has resonance and is very actively influences investors.
Ignored
If Elon Musk tweets that Bitcoin is treating Covid

I'm sorry...
 
3
  • Post #3
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  • Oct 5, 2021 7:46am Oct 5, 2021 7:46am
  •  kette
  • Joined Jan 2018 | Status: Member | 15,112 Posts | Online Now
I trade BTC and Crypto
I don't react to news or read such things, honestly, how do you want to trade after that?
 
 
  • Post #4
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  • Oct 5, 2021 1:51pm Oct 5, 2021 1:51pm
  •  BTCmailman
  • Joined Feb 2021 | Status: Member | 308 Posts
Bitcoin ETF approval in the US is the most obvious answer. Price will ramp up when the SEC approves and before the ETFs actually go live. When they do go live will likely see a decent dump as the front runners book gains but overall ETFs are going to be huge for BTC.
 
 
  • Post #5
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  • Oct 5, 2021 2:00pm Oct 5, 2021 2:00pm
  •  yieldjunkie
  • Joined Dec 2020 | Status: Member | 300 Posts
Quoting BTCmailman
Disliked
Bitcoin ETF approval in the US is the most obvious answer. Price will ramp up when the SEC approves and before the ETFs actually go live. When they do go live will likely see a decent dump as the front runners book gains but overall ETFs are going to be huge for BTC.
Ignored
This ^

Also regulation, which goes hand-in-hand with an ETF approval. There is significant institutional interest but the capital is sidelined due to a lack of regulation. Just yesterday Citadel's Ken Griffin made a similar comment.
 
 
  • Post #6
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  • Oct 5, 2021 3:50pm Oct 5, 2021 3:50pm
  •  Not-KPMG
  • Joined Jun 2015 | Status: Member | 14,961 Posts
Quoting kette
Disliked
I trade BTC and Crypto I don't react to news or read such things, honestly, how do you want to trade after that?
Ignored

So you trade..... Without news...


Good for you bubba.
Do you pee without unzipping too?
Beware of robber banks (RB), bad advisors.
Der Trader All Time Pips: 52,970
 
3
  • Post #7
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  • Oct 5, 2021 3:53pm Oct 5, 2021 3:53pm
  •  Not-KPMG
  • Joined Jun 2015 | Status: Member | 14,961 Posts
Quoting PipsCrasher
Disliked
Bitcoin is very dependent on news, because any decision made in relation to cryptocurrencies has resonance and is very actively influences investors.
Ignored
What they said above.

Adoption.

Regulations.


Did they say Canada JUST approved a first ETF. It's happening



Trillions of dolllaaa is waiting to enter Bitcoin. I'll hold part of my coins to see 500k price. Kids, me, we'll get there
Attached Image
Beware of robber banks (RB), bad advisors.
Der Trader All Time Pips: 52,970
 
 
  • Post #8
  • Quote
  • Edited 4:22pm Oct 5, 2021 4:11pm | Edited 4:22pm
  •  kette
  • Joined Jan 2018 | Status: Member | 15,112 Posts | Online Now
Quoting Not-KPMG
Disliked
{quote} So you trade..... Without news... Good for you bubba. Do you pee without unzipping too?
Ignored

i drop my trousers,you pee against the wind
BUBBBA.


now you come with your demo
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  • Post #9
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  • Oct 5, 2021 5:58pm Oct 5, 2021 5:58pm
  •  rogerha
  • | Joined Aug 2006 | Status: Member | 268 Posts
Quoting kette
Disliked
{quote} i drop my trousers,you pee against the wind BUBBBA. now you come with your demo {image} {image} {image} {image} {image}
Ignored

Gotta love these experts with their demo accounts with ridiculous drawdowns. Not sure how rich you can make your kids with demo money
 
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  • Post #10
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  • Oct 5, 2021 6:09pm Oct 5, 2021 6:09pm
  •  kette
  • Joined Jan 2018 | Status: Member | 15,112 Posts | Online Now
Quoting rogerha
Disliked
{quote} Gotta love these experts with their demo accounts with ridiculous drawdowns. Not sure how rich you can make your kids with demo money
Ignored

hello,
read twitter and facebook for a few hours there is btc long
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  • Post #11
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  • Oct 5, 2021 7:20pm Oct 5, 2021 7:20pm
  •  Not-KPMG
  • Joined Jun 2015 | Status: Member | 14,961 Posts
Quoting rogerha
Disliked
{quote} Gotta love these experts with their demo accounts with ridiculous drawdowns. Not sure how rich you can make your kids with demo money
Ignored

Yoooo bubba
Do you realize I have also real accounts that randos don't get to see??? And doing quite OK with them 7% a month when I bother. And of course tons of money in various Crypto that just sit there and grow.... .

You were saying???



You two are dummos, but I'm OK with that

I've seen thousands like you. Bye.
Draw fancy lines and go hungry


Here's a little hint for newbies - these experts above can't trade to earn a piece of bread, so shill their "expertizeeee" to feel good
So beware!!!!!
Beware of robber banks (RB), bad advisors.
Der Trader All Time Pips: 52,970
 
 
  • Post #12
  • Quote
  • Oct 5, 2021 7:36pm Oct 5, 2021 7:36pm
  •  kette
  • Joined Jan 2018 | Status: Member | 15,112 Posts | Online Now
Quoting Not-KPMG
Disliked
{quote} Yoooo bubba Do you realize I have also real accounts that randos don't get to see??? And doing quite OK with them 7% a month when I bother. And of course tons of money in various Crypto that just sit there and grow.... . You were saying??? You two are dummos, but I'm OK with that I've seen thousands like you. Bye. Draw fancy lines and go hungry Here's...
Ignored
Many people have problems with reality when they write to the wrong person.
then still insult, the truth hurts
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  • Post #13
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  • Oct 5, 2021 7:41pm Oct 5, 2021 7:41pm
  •  kette
  • Joined Jan 2018 | Status: Member | 15,112 Posts | Online Now
I still have one
for demo pros like bubba
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  • Post #14
  • Quote
  • Oct 6, 2021 6:40am Oct 6, 2021 6:40am
  •  rogerha
  • | Joined Aug 2006 | Status: Member | 268 Posts
Quoting Not-KPMG
Disliked
{quote} Yoooo bubba Do you realize I have also real accounts that randos don't get to see??? And doing quite OK with them 7% a month when I bother. And of course tons of money in various Crypto that just sit there and grow.... . You were saying??? You two are dummos, but I'm OK with that I've seen thousands like you. Bye. Draw fancy lines and go hungry Here's...
Ignored
What a great guy.... Still at least I am in good company now with the other 866 people on his ignore list
 
1
  • Post #15
  • Quote
  • Edited Oct 10, 2021 4:30am Oct 9, 2021 10:06am | Edited Oct 10, 2021 4:30am
  •  kette
  • Joined Jan 2018 | Status: Member | 15,112 Posts | Online Now
there was new news
facebook and twitter it's so easy




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  • Post #16
  • Quote
  • Oct 20, 2021 9:04am Oct 20, 2021 9:04am
  •  nourhanfahmy
  • | Membership Revoked | Joined Sep 2021 | 54 Posts
If Dolland Trump tweets that he wishes the US government to adopt Bitcoin sooner.
 
1
  • Post #17
  • Quote
  • Jul 3, 2022 11:45am Jul 3, 2022 11:45am
  •  rogerha
  • | Joined Aug 2006 | Status: Member | 268 Posts
Quoting Not-KPMG
Disliked
{quote} Yoooo bubba Do you realize I have also real accounts that randos don't get to see??? And doing quite OK with them 7% a month when I bother. And of course tons of money in various Crypto that just sit there and grow.... . You were saying??? You two are dummos, but I'm OK with that I've seen thousands like you. Bye. Draw fancy lines and go hungry Here's...
Ignored

So Not-KPMG, how is that Bitcoin income doing for you ? Let me guess right, you've been short Bitcoin for a few months now ? Sorry, did you say BTC was gonna hit 200k, remind me again, were you a zero out ?
 
 
  • Post #18
  • Quote
  • Jul 5, 2022 1:59am Jul 5, 2022 1:59am
  •  AbdullahBin
  • | Joined Jan 2022 | Status: Member | 67 Posts
I think Bitcoin Price depends on it’s sessions, either its bull or bear! $200k is quite impossible before 2030! Right now BTC in under $20k, and I think in the next bull run BTC will be $100k+!
 
 
  • Post #19
  • Quote
  • Jul 5, 2022 7:41am Jul 5, 2022 7:41am
  •  jonstewart
  • | Joined Jan 2022 | Status: Member | 100 Posts
Quoting Barrg1
Disliked
{quote} If Elon Musk tweets that Bitcoin is treating Covid I'm sorry...
Ignored
I don’t think Elon is that much potential; he tweeted already on so many shitcoins!
 
 
  • Post #20
  • Quote
  • Edited 7:35pm Jul 5, 2022 7:16pm | Edited 7:35pm
  •  Goat
  • Joined Jan 2009 | Status: FREE ROSS | 1,624 Posts
What will get BTC to $200K is people valuing the BTC money supply at $4T.

The money supply today is valued around $400B, with 19M of 21M coins already mined.

If you look at BTC as a payments system, you could compare it to Visa's $400B market cap and say it's fairly valued. But BTC is inferior to Visa in its current form, as it's slower, more expensive, and less widely accepted. For $200K BTC, the payments utility would need to be ten times greater than Visa is today. That's not likely, but not impossible either.

If you look at BTC as a store of value, which most people do, then its price is based purely on speculative interest, which is tied to cost of capital. Capital costs are rising this year, so the odds are BTC will take a hit. As a store of value, $200K BTC would need four times as much speculative interest than March 2021, when Beeple sold the $69M NFT. As that's the most speculation I've seen in my lifetime, I couldn't imagine 4x.
 
 
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