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Honorable Bitcoin

  • #661
  • Edited May 3, 2020 10:28am May 2, 2020 11:10am | Edited May 3, 2020 10:28am
Rigid limited supply of bitcoin (scarcity) can only worsen recessions. That's why they gave up the gold standard almost a century ago ...because that deflationary effect when recessions, not because gold wasn't scarce enough
Scarcity alone can't save an underperforming economy.
Only fools don't understand that inflation is not a problem originated in money, it's a problem originated in the economy.

But crypto morons insists to repeat the history
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  • #662
  • May 2, 2020 4:07pm May 2, 2020 4:07pm
Bitcoin went up by $193 today to $8,915. Will it reach $9,000 tomorrow?
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  • #663
  • May 3, 2020 10:26am May 3, 2020 10:26am
Bitcoin is nothing!
A computer code that people buy because other people say it's worth something ...something more than the real money they bet on
Gold is here for millennia...
You gotta be a stupid investor to bet more on something hyped up by fanatics and skip gold !
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  • #664
  • May 3, 2020 4:06pm May 3, 2020 4:06pm
Bitcoin went down by $119 today I guess $9,000 was too high a target
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  • #665
  • May 4, 2020 5:54am May 4, 2020 5:54am

Here is an expert analysis of BTCUSD for today.


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  • #666
  • May 4, 2020 4:05pm May 4, 2020 4:05pm
Bitcoin just recovered yesterday's loss gaining $125.
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  • #667
  • May 5, 2020 4:16pm May 5, 2020 4:16pm
Bitcoin went up by $33 today so it looks like that after its huge gain of over $1,000 last week the momentum has stalled.
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  • #668
  • May 6, 2020 8:25am May 6, 2020 8:25am
Look at this Max Keiser promoting Bitcoin and comparing himself to Jesus.

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  • #669
  • May 6, 2020 9:16am May 6, 2020 9:16am
Quoting Hutch
Look at this Max Keiser promoting Bitcoin and comparing himself to Jesus. https://www.youtube.com/watch?v=ygaz6UZoO04
The same boring story as we can see at all promoters.
They're crypto business crooks or idiot amateurs.
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  • #670
  • May 6, 2020 9:21am May 6, 2020 9:21am
Central banks smarter !
Bitcoin fundamentally doomed !
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  • #671
  • May 6, 2020 4:25pm May 6, 2020 4:25pm
Quoting TudorIoan
Central banks smarter ! Bitcoin fundamentally doomed ! https://youtu.be/r7SZLFMDN4o
Bitcoin went up by $283 today or 3%. I hope that Bitcoin will not be doomed until I get rid of the two that I own
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  • #672
  • May 7, 2020 12:49am May 7, 2020 12:49am
Quoting Hutch
{quote} Bitcoin went up by $283 today or 3%. I hope that Bitcoin will not be doomed until I get rid of the two that I own {image}
Don't worry, bitcoin paralell world will never die
Just because crime will never ever cease
Bitcoin, always a residual item marginal to the central bank digital currency.

So bitcoin will be here forever as a dark medium of exchange value for crooks. A dark market for crooks and "innocent dreamers" ...insanely volatile, but a perfect toy for smart business speculators, cyberpunks, anarchists, tax evaders, terrorists, drug and gun dealers, anti-American governments... you name it

It's the predictable move for the halving now ...C19 also helps ...just another pump and dump drama episode ...just make profit !
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  • #673
  • May 7, 2020 4:22pm May 7, 2020 4:22pm
Quoting TudorIoan
{quote} Don't worry, bitcoin paralell world will never die Just because crime will never ever cease Bitcoin, always a residual item marginal to the central bank digital currency. So bitcoin will be here forever as a dark medium of exchange value for crooks. A dark market for crooks and "innocent dreamers" ...insanely volatile, but a perfect toy for smart business speculators, cyberpunks, anarchists, tax evaders, terrorists, drug and gun dealers, anti-American governments... you name it It's the predictable move...
Sorry Tudor but I firmly believe that Bitcoin is a fad and as you know fads are popular for a while then fade to obscurity Bitcoin will be no exception
  • #674
  • May 7, 2020 4:24pm May 7, 2020 4:24pm
Bitcoin went up by $558 or 6% today but I don't think that anybody knows why
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  • #675
  • May 7, 2020 10:37pm May 7, 2020 10:37pm
Quoting Hutch
{quote} Sorry Tudor but I firmly believe that Bitcoin is a fad and as you know fads are popular for a while then fade to obscurity Bitcoin will be no exception
I like it when you say it will pass like any other fad, but:

- even if unpractical and cursed by the crypto trilemma, the blockchain is a great invention and bitcoin was its first baby ...that will echo in the fanatic's mind forever
- the hate against authority it's a powerful thing the hate against the banks, the government, against dollar supremacy, against the US - even "good Americans" confuse "the system" with corruption
- every cyberpunk thinks he's a genius and the rest of the world are all stupid
- gambling is fun if you can afford it, but if you bet your farm in it's stupid, ...does the casinos fade to obscurity ?! ...FX brokers ?! Bitcoin it's great for speculations
- ...and for dark deep web
- ...and hide illicit earnings

Idiots are born every minute, and crime will never die !
That's the power of bitcoin ! Don't underestimate it !
Member
  • #676
  • May 8, 2020 7:26am May 8, 2020 7:26am
Quoting Hutch
Bitcoin went up by $558 or 6% today but I don't think that anybody knows why {image}
I'd bet my BTC it's this:
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https://www.cryptocraft.com/news/997...ys-reminds-him
  • #677
  • May 8, 2020 4:27pm May 8, 2020 4:27pm
Bitcoin went up by $190 today. $10,000 tomorrow?
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  • #678
  • May 8, 2020 6:13pm May 8, 2020 6:13pm
Quoting Hutch
Bitcoin went up by $190 today. $10,000 tomorrow? {image}
You nailed it The question now is, will it pass $10,000 today/tomorrow (again). I would believe so
Can you afford to take that chance?
  • #679
  • May 9, 2020 4:10pm May 9, 2020 4:10pm
Quoting auricforecas
{quote} You nailed it The question now is, will it pass $10,000 today/tomorrow (again). I would believe so
Sorry Auric it didn't instead it went down by $384. I guess traders lost their appetite
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  • #680
  • May 9, 2020 4:20pm May 9, 2020 4:20pm
Quoting Hutch
{quote} Sorry Auric it didn't instead it went down by $384. I guess traders lost their appetite {image}
Not sure, I tried to trade it (today) at one of my brokers that do provide it, but they regard it as "market closed" over the weekends I also have account at brokers that do provide trading over the weekend but I do not have it as top broker since I haven't tested it enough, yet
Can you afford to take that chance?
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