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The Bubbly Bitcoin Thread -- Merged Threads


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HOLA441
16 minutes ago, Peter Hun said:

Who's bought more Crypto today? 

Come on,  must be a car you can flog to buy in while BC is so cheap?

Me.  Topped up a little at $32,960.

My net worth today is back to only +4.43% YTD 😢

Edited by dannyf
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HOLA4413
1 hour ago, Warlord said:

‘Prepare to lose all your money’ — regulator’s blunt warning on bitcoin and other cryptocurrencies

https://www.marketwatch.com/story/prepare-to-lose-all-your-money-regulators-blunt-warning-on-bitcoin-and-other-cryptocurrencies-11610365823?mod=home-page

Scare off the little man, to buy for themselves. We are wise to their games. Hodl to seven figure Bitcoin (subject to six figure 50% cash out plans)

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HOLA4414
48 minutes ago, scottbeard said:

Every time BTC goes up, a bunch of people say it's going to $1 million

Every time BTC goes down, another bunch say it's going to zero

Just buy some, sit on it for a decade, and ignore both groups is my approach.  So far working...

 

So very true. 

Only one group will be sitting pretty in the Bitcoin citadel though 🤣

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49 minutes ago, zugzwang said:

It's all about the volatility: Bitcoin's frothier than an almond-milk shakerato!

Far too volatile to serve as store of value.

 

2b3a216436b62b142bf408446a8a23b9.jpg&f=1

 

Your right, it's store of value just keeps going up long term, terrible investment. 

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2 minutes ago, Unmoderated said:

Yes that'll be it. 

They miners have dumped on the market, all this supply is being bought at a discount by institutions and smart money. They caved, the new weak hands, as we knew they would. Now as this fresh supply is being bought up, it will be shown its all leaving exchanges into storage. 

Come the end of January none left, supply shock again, move on up past $42k to $50k . This is all just short term noise. 

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HOLA4419
1 hour ago, Huggy said:

They didn't mention this with banking shares back in 2007 😂

I'm well ahead of them though. I entered Bitcoin ages 'prepared to lose all my money'. I was also prepared to become a millionnaire too. Very well prepared in fact.

Indeed. The FCA was created from the embers of the original FSA after it was so discredited with their inability to call the credit crunch into question (which was so bloody obvious to anyone and their dog on here). Yet here they are warning that a risky asset is risky. Thye don't give a stuff about the plebiscite. It's all about trying to protect the bankster cartels.

Just noise.

Edited by MonsieurCopperCrutch
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HOLA4420
58 minutes ago, Warlord said:

Nearly down 20% 

It's crashing.

"Still plenty of time to get in "  @MonsieurCopperCrutch

I suggest he undertakes a major equity withdrawal on his home and buys while the Bitcoin price is so low.

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HOLA4421
32 minutes ago, markyh said:

Scare off the little man, to buy for themselves. We are wise to their games. Hodl to seven figure Bitcoin (subject to six figure 50% cash out plans)

Why didn't  you sell at $40k, and buy back at $30k?

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HOLA4422
1 hour ago, Warlord said:

Nearly down 20% 

It's crashing.

"Still plenty of time to get in "  @MonsieurCopperCrutch

And? You do realise that bitcoin crashed during it's previous bull runs? It's abnormal to expect it just to go up constantly. It never has and never will just go up during a bull market:

 

Edited by MonsieurCopperCrutch
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