Honorable Bitcoin | Page 39 | Crypto Craft

Options

Go to
Permalinks
Print Thread
Attachments: Honorable Bitcoin
Exit Attachments

Honorable Bitcoin

  • #761
  • Oct 22, 2020 12:37pm Oct 22, 2020 12:37pm
Hey, have you seen gold, uncle Tudor ? Yeah, since when you became a bitcoin big mouth ?
Oooo, since you are a fervent buyer, ahaa, so you spread lies about the BEST hedge to inflation now !!
Oh, BTW, morons cry for hyperinflation since 2014

You will be a seller soon, dear uncle. This crypto shit the higher it goes, the hard will fall, ...we've seen this before, $20000 then fssssss $4000  like tulip bulbs 

Don't be a dummy, uncle! 100% of C19 and 70% of bitcoin belongs to the Chinese, ...and just a couple of big brothers. 
Market capitalization and bitcoin's price are in their pokets, they're not real !!
...stay alert for the fire sell, don't be just another bitcoin fool ! 
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20201022_203058_448.jpg Size: 113 KB
Member
  • #762
  • Oct 22, 2020 12:49pm Oct 22, 2020 12:49pm
man you must have loss so much money with BTC ... lol, you are ranting here alone, why losing your time ?
  • #763
  • Oct 22, 2020 12:56pm Oct 22, 2020 12:56pm
Quoting Tragruel
man you must have loss so much money with BTC ... lol, you are ranting here alone, why losing your time ?
I'm not losing my time. I'm having fun trapping here idiots like you
Member
  • #764
  • Oct 22, 2020 12:59pm Oct 22, 2020 12:59pm
Bitcoin will sink with the stock market after the covid crisis. It's just a matter of time. The higher it goes, the hard will fall.

Bitcoin is empty code inside, but a crypto idiot is born every minute to buy the crypto shit

Bitcoin... another tulip bulb mania.
$20000 and fsss, ...$4000 ! Fleece the dummy !
Member
  • #765
  • Oct 25, 2020 1:59am Oct 25, 2020 1:59am
The higher it goes, the hard will fall !

Where was that so much trumpeted 'safe heaven' shitty bitcoin when the pandemic hit ?
Doooown!
Gold went up.

Bitcoin is just another good speculative asset.
Even better than that, it's still a legal pump&dump deal.
But not better deal than those tulip bulbs were in the past

Good luck, traders !
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20201025_085642_495.jpg Size: 120 KB
Member
  • #766
  • Oct 25, 2020 2:08am Oct 25, 2020 2:08am
Gaps

Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20201022_090959.jpg Size: 58 KB
Technical Analyst & Trader @ Vikinsa
  • #767
  • Edited 2:42am Oct 25, 2020 2:24am | Edited 2:42am
Quoting vikinsa
Gaps {image}
It's common knowledge that the market capitalization and bitcoin's price are in the pokets of the bitcoin whales, ...so they're not fkn real !!

Those gaps are sudden pumps.
..like the April 1st, 2019 skyrocketing like out of the blue ...easy manipulation !
The dump from 20K was even more fun for the whales, remember !

Good trading !
Member
  • #768
  • Oct 25, 2020 6:49am Oct 25, 2020 6:49am
Inserted Video
Technical Analyst & Trader @ Vikinsa
  • #769
  • Oct 25, 2020 8:03am Oct 25, 2020 8:03am
Bitcoin is your classic pump and dump speculative vehicle controlled by very few market participants (i.e. its not worth trading in the middle but only on the extremes which are notoriously dangerous). The spread is too wide, the market concentration is too high, and it has very little utility/ fundamentals backing it. It is a nice idea though. I get that central banks are going full on crazy to the point of destroying the concept of saving money and rational economic decision making. But I think the creator of Bitcoin screwed up when they put a limit of 29.1 million coins to be mined as that is too low to be of any use in a world of 7 billion people. Also a hard limit should not be used rather the total figure should be scaled to World GDP or some other measure.

Finally Tudor I miss your EUR/USD analysis get back on it ;-)
  • #770
  • Edited 11:41am Oct 25, 2020 9:05am | Edited 11:41am
Quoting Steamroller
Bitcoin is your classic pump and dump speculative vehicle controlled by very few market participants (i.e. its not worth trading in the middle but only on the extremes which are notoriously dangerous). The spread is too wide, the market concentration is too high, and it has very little utility/ fundamentals backing it. It is a nice idea though. I get that central banks are going full on crazy to the point of destroying the concept of saving money and rational economic decision making. But I think the creator of Bitcoin screwed up when they put a...
Hi, Steam!
Thanks for your answer on topic of this thread!

If you think of the global GDP size today in terms of the BTC/USD current rate, maybe yes, 17 (-4 mills are lost), 21 or 29.1 mills might be too little. But crypto fanatics dream of one mill USD a piece ...so maybe 17M will do

Well, central institutions do the best they can. It became now elementary that a government doesn't budged like a household. So let's not think like any average Bob-NoX-KPMG. Let's not blame the banks so easy.

During the global economic slowdown before covid and then over the covid crisis we could see weakness of the private sector then resulted in a severe shock as we know. This was so deep that it ought to be filled by a large government spending.
Mean printing.

A lower demand or some moderate total amount of spending in the economy (lowered in the slowdown+covid) proved that the private sector couldn't subsist on a permanently reduced level of activity and unemployment, ...unless there were active intervention from outside.

At that particular point, cypto laland can't do that. Can't prevent a recession to become a depression.

In the current crisis, any crisis, the businesses need access to serious capital, so that there is no need to dismiss workers.
Otherwise dismissed workers have less to spend as consumers, consumers buy less from business, which because of additionally reduced demand, have found the need to dismiss more workers.
Vicious cicle.
The downward spiral could only be halted and rectified by external action.
Otherwise the killer deflationist spiral black hole will get us all.
The central banks did the best they could ...of course they printed more.
And they will do so until is enough.
When is enough ?
When economy is heating a bit.
When is that ??
Show me some non-technical-inflation !!!
Member
  • #771
  • Oct 25, 2020 9:37am Oct 25, 2020 9:37am
That is a good point and an example of why crypto wont supplant fiat. spending should increase during a downturn to avoid a deflationary scenario like the great depression, but governments should at least try and balance the books in the good times. At the moment it is a one way street. The danger is that it incentivises political parties who spend like a drunken sailor rather than making difficult and rational decisions. Go too far the other way and it ends like the Weimar case in Germany.
  • #772
  • Oct 25, 2020 9:59am Oct 25, 2020 9:59am
Quoting Steamroller
That is a good point and an example of why crypto wont supplant fiat. spending should increase during a downturn to avoid a deflationary scenario like the great depression, but governments should at least try and balance the books in the good times. At the moment it is a one way street. The danger is that it incentivises political parties who spend like a drunken sailor rather than making difficult and rational decisions. Go too far the other way and it ends like the Weimar case in Germany.
Not bad from you, but... unlike the West today, Weimar's was different after the WWI forced to overheat its economy to pay some political debts, Hungary the same, Japan other story, Venezuela political chaos, Turkey, Argentina, Zimbabwe idiot greedy politicians flew big chuncks of domestic capital... all different stories.

Hehe, BTW, Japan is currently running a deficit of 240% of GDP, ...they're not doing so bad, where's the drunk sailor ?
Member
  • #773
  • Edited Oct 29, 2020 1:49am Oct 28, 2020 10:49pm | Edited Oct 29, 2020 1:49am
Stupid crazy bitcoin idiots elated because stocks slightly fell ...it's the dip before the elections, morons ! Where is the Gold, dummies ?!? Down as well, no immediate risk ! Wait for the ECB today, wait for US elections...

Bitcoin ??? Just a pump !
Price and market capitalization manipulated, it can be anywhere, up or down, simulating like it has something to do with the real economy !!!
Member
  • #774
  • Oct 29, 2020 11:41am Oct 29, 2020 11:41am
Quoting TudorIoan
Stupid crazy bitcoin idiots elated because stocks slightly fell ...it's the dip before the elections, morons ! Where is the Gold, dummies ?!? Down as well, no immediate risk ! Wait for the ECB today, wait for US elections... Bitcoin ??? Just a pump ! Price and market capitalization manipulated, it can be anywhere, up or down, simulating like it has something to do with the real economy !!!
You have absolutely no idea what you are talking about. Bitcoin has been increasing in price for years, steadily gaining adoption and popularity. In 2020 alone there has been a significant increase in institutional investors, touting Bitcoin/Blockchain as a phenomenal investment vehicle (JP Morgan Chase, PayPal, Google, Square... just to name a few). It will surpass the market capitalization of Gold within 20 years. Pick up a book and refrain from posting on public forums, please.
  • #775
  • Oct 30, 2020 12:39pm Oct 30, 2020 12:39pm
Quoting KasperSky
{quote} You have absolutely no idea what you are talking about. Bitcoin has been increasing in price for years, steadily gaining adoption and popularity. In 2020 alone there has been a significant increase in institutional investors, touting Bitcoin/Blockchain as a phenomenal investment vehicle (JP Morgan Chase, PayPal, Google, Square... just to name a few). It will surpass the market capitalization of Gold within 20 years. Pick up a book and refrain from posting on public forums, please.
Oh, another crypto frog I stepped on and it goes, croaaack, wah, wah, crying like a baby !
Hey, shut the fuvk up, you crypto moron !
Geeez, where are those dumb idiots coming from ?
Before you come into my house and shit on my carpet, read this thread careful, you jerk!
Of course bitcoin raised, of course big money are speculating on it, of course we trade anything ... hellooo, who said otherwise ?!?
Yeah, but tulipmania, dot fkn com, 2008 credit crisis ...all bubbles, they all looked the same at first from investing point of view. And they all burned naive idiots like you.
And the fundamentals for this crypto trash doesn't look any better even if the Google or JPM guys are investing some fkn peanuts in it
And, and ...can't hold my laugh, ...you fkn idiot ...you pretend you know what will happen in 20 yeaaars from now ??? Crypto prophet !!!
And you opened an account on FF just to post here ???
It's you Hutch, you multi-fkn-IP-accounts idiot ?!?

Buzz the fck off, ignored !
Member
  • #776
  • Oct 31, 2020 12:37am Oct 31, 2020 12:37am
Can bitcoin compete with gold ?!?
Hell, no!
Why?
- Because when the pandemic hit gold was up, bitcoin deeeeead !!
- Because bitcoin has nothing to do with the real economy. It has to do only with those wannabe greedy dumb investors, no matter how big or small, criminals and rabid sick anarchists.
- Covid crisis proved clearly that bitcoin's safe-heaven narrative (lie) has flown out of window
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20201031_072916_066.jpg Size: 51 KB
Member
  • #777
  • Nov 1, 2020 10:43am Nov 1, 2020 10:43am
Attached Image (click to enlarge)
Click to Enlarge Name: BitcoinH4.png Size: 53 KB
  • #778
  • Nov 1, 2020 1:01pm Nov 1, 2020 1:01pm
Quoting phd893
{image}
Are you short on the coin?
  • #779
  • Edited Nov 3, 2020 3:09am Nov 2, 2020 11:09pm | Edited Nov 3, 2020 3:09am
Undermining the US dollar is a political goal for a long time in China.
The currency war never ends.
They have 70% of bitcoin and now the CBDC ...and 100% of covid "antidote" (read discipline)
They even bribed Dalio to spread shit like the yuan will become the world's reserve ccy
And they're about to succeed ...go, China !
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20201103_070722_515.jpg Size: 105 KB
Member
  • #780
  • Edited 3:11am Nov 3, 2020 2:41am | Edited 3:11am
So far if we follow the round up big levels, bitcoin pump and dump scheme it's easy money
The spread also isn't too much of a problem if you had sold 14K the past days, for at least $500, ..was sure deal !

Mind those unexpected pumps or dumps through the strong levels, that's where the whales fleece everybody else !!!

10K my favorite support, 12K...
Of course US elections matter, big day coming... polls ...possible spikes on stocks, USD, Gold, bitcoin !!

Remeber folks, we trade anything, any shit comes on market, tulip bulbs included !
Attached Image (click to enlarge)
Click to Enlarge Name: zhart_X.png Size: 26 KB
Member
0 traders viewing now