Author Topic: Bitcoins - about to hit $5,000 per coin today! (Read 766029 times)

Humble Narcissist · « **Reply #4375 on:** January 21, 2021, 03:48:15 AM »

In 10 years we will all be on this.

Bindare_Dundat · « **Reply #4376 on:** January 21, 2021, 04:32:57 AM »

Quote from: Bindare_Dundat on January 15, 2021, 03:16:13 PM

A drop to 30,000 would probably see bitcoin go back down to 20,000's quickly. But I dont think we will see a dip below that, (20,000) in a long, long, long time (maybe never) At least I hope. lol

31,700.

FitnessFrenzy · « **Reply #4377 on:** January 21, 2021, 04:50:37 AM »

$ 32,475.23

Bindare_Dundat · « **Reply #4378 on:** January 21, 2021, 05:12:23 AM »

Need to close the day above 31000 or itll head lower, imo.

SOMEPARTS · « **Reply #4379 on:** January 21, 2021, 06:36:27 AM »

Quote from: Humble Narcissist on January 21, 2021, 03:48:15 AM

In 10 years we will all be on this.

In some form of crypto, likely. It's perfect slave money. Not Bitcoin.

Whatever those that currently control banking want, that's what it will be. Same as it ever was.

Bindare_Dundat · « **Reply #4380 on:** January 21, 2021, 07:01:49 AM »

Quote from: SOMEPARTS on January 21, 2021, 06:36:27 AM

In some form of crypto, likely. It's perfect slave money. Not Bitcoin.

Whatever those that currently control banking want, that's what it will be. Same as it ever was.

Perfect slave money? How so?

DooM_ · « **Reply #4381 on:** January 21, 2021, 07:05:52 AM »

Quote from: Bindare_Dundat on January 21, 2021, 07:01:49 AM

Perfect slave money? How so?

from central banks . . .

Bindare_Dundat · « **Reply #4382 on:** January 21, 2021, 07:07:53 AM »

Quote from: DooM_ on January 21, 2021, 07:05:52 AM

from central banks . . .

I misread his post.

FitnessFrenzy · « **Reply #4383 on:** January 21, 2021, 07:55:00 AM »

$ 31,632.44

SOMEPARTS · « **Reply #4384 on:** January 21, 2021, 08:56:17 AM »

Quote from: Bindare_Dundat on January 21, 2021, 07:07:53 AM

I misread his post.

Believe me, if BTC was what they originally promised in the white paper I would be all for it.

We are going to find privacy and anonymity is reserved for the ultra rich.

Banking is a ledger system for taxes and fees, so is crypto.

Griffith · « **Reply #4385 on:** January 21, 2021, 09:00:14 AM »

BTC $31,042

SOMEPARTS · « **Reply #4386 on:** January 21, 2021, 09:01:47 AM »

Quote from: Griffith on January 21, 2021, 09:00:14 AM

BTC $31,042

If it breaks the falling wedge pattern it has going no telling where it goes.

Bindare_Dundat · « **Reply #4387 on:** January 21, 2021, 09:26:28 AM »

Read it closely. The fear mongers are out in full force to grab more cheap coin for themselves

https://www.msn.com/en-us/money/markets/bitcoin-falls-11-after-report-suggests-a-critical-flaw-in-the-cryptocurrency-called-double-spend-may-have-occurred/ar-BB1cXTjS?ocid=BingNews

Bitcoin falls 11% after report suggests a critical flaw in the cryptocurrency called 'double-spend' may have occurred

SOMEPARTS · « **Reply #4388 on:** January 21, 2021, 09:36:25 AM »

Hurry, get your "cheap" 30k "coins".

Where's gib?

?

polychronopolous · « **Reply #4389 on:** January 21, 2021, 10:14:26 AM »

Former US Treasury Secretary Larry Summers Says Bitcoin 'Is Here to Stay'

Former U.S. Treasury Secretary and economist Larry Summers says bitcoin is here to stay despite the concerns by some that it may be a bubble. The former secretary asserts that bitcoin’s price fluctuations are in fact a sign of its resilience.

In his latest comments about bitcoin, Summers, who in 2016 became a senior adviser to Digital Currency Group, reiterates his position about the crypto and its underlying technology. Before the new remarks, Summers previously predicted that the “financial industry will adopt the technology underpinning bitcoin.”

Still, in his latest comments, Summers touches on the crypto’s fixed supply and how this is a factor behind its current rise. The former Secretary says:

I think people are going to move towards it, and as people move towards it, given the finiteness of its supply, that’s going to be a factor working to raise prices.

Although Summers refuses to predict the crypto’s future price, he does hint that this will likely go up, and “institutions like it.”

Meanwhile, in addition to bitcoin’s fixed supply, the former Secretary is also quoted as suggesting that factors like interest earned on bonds might have an effect on the crypto asset’s value. According to Summers, if the amount earned on bonds goes down, “people put less of their money into bonds and more of their money into other assets.”

https://news.bitcoin.com/former-us-treasury-secretary-larry-summers-says-bitcoin-is-here-to-stay/

SOMEPARTS · « **Reply #4390 on:** January 21, 2021, 10:30:49 AM »

Quote from: polychronopolous on January 21, 2021, 10:14:26 AM

Former US Treasury Secretary Larry Summers Says Bitcoin 'Is Here to Stay'

Former U.S. Treasury Secretary and economist Larry Summers says bitcoin is here to stay despite the concerns by some that it may be a bubble. The former secretary asserts that bitcoin’s price fluctuations are in fact a sign of its resilience.

In his latest comments about bitcoin, Summers, who in 2016 became a senior adviser to Digital Currency Group, reiterates his position about the crypto and its underlying technology. Before the new remarks, Summers previously predicted that the “financial industry will adopt the technology underpinning bitcoin.”

Still, in his latest comments, Summers touches on the crypto’s fixed supply and how this is a factor behind its current rise. The former Secretary says:

I think people are going to move towards it, and as people move towards it, given the finiteness of its supply, that’s going to be a factor working to raise prices.

Although Summers refuses to predict the crypto’s future price, he does hint that this will likely go up, and “institutions like it.”

Meanwhile, in addition to bitcoin’s fixed supply, the former Secretary is also quoted as suggesting that factors like interest earned on bonds might have an effect on the crypto asset’s value. According to Summers, if the amount earned on bonds goes down, “people put less of their money into bonds and more of their money into other assets.”

https://news.bitcoin.com/former-us-treasury-secretary-larry-summers-says-bitcoin-is-here-to-stay/

He's a lobbyist.

The people in power actually matter, they are saying NOPE.

Bindare_Dundat · « **Reply #4391 on:** January 21, 2021, 10:54:34 AM »

Quote from: SOMEPARTS on January 21, 2021, 09:36:25 AM

Hurry, get your "cheap" 30k "coins".

Where's gib??

When there's 100 of millions going into buying at near record numbers then today's price is cheap.

SOMEPARTS · « **Reply #4392 on:** January 21, 2021, 10:55:34 AM »

Quote from: Bindare_Dundat on January 21, 2021, 10:54:34 AM

When there's 100 of millions going into buying at near record numbers then today's price is cheap.

Price is falling. That means market cap is shrinking. HTH

Humble Narcissist · « **Reply #4393 on:** January 21, 2021, 11:56:29 AM »

Quote from: SOMEPARTS on January 21, 2021, 06:36:27 AM

In some form of crypto, likely. It's perfect slave money. Not Bitcoin.

Whatever those that currently control banking want, that's what it will be. Same as it ever was.

We are mostly there now. I rarely touch physical money anymore. I am going to an Amish surplus store tomorrow and am having a hell of a time scrounging up even $10 in physical cash. I will have to go through the bank drive thru which I also rarely do anymore. Almost everything is digital. Didn't the UK end personal checks in 2020?

SOMEPARTS · « **Reply #4394 on:** January 21, 2021, 12:12:23 PM »

Quote from: Humble Narcissist on January 21, 2021, 11:56:29 AM

We are mostly there now. I rarely touch physical money anymore. I am going to an Amish surplus store tomorrow and am having a hell of a time scrounging up even $10 in physical cash. I will have to go through the bank drive thru which I also rarely do anymore. Almost everything is digital. Didn't the UK end personal checks in 2020?

The Amish/Mennonites have it figured out. All cash and no tax. Hmmm..

FitnessFrenzy · « **Reply #4395 on:** January 21, 2021, 02:58:19 PM »

$ 30,847.86

TheGrinch · « **Reply #4396 on:** January 21, 2021, 04:17:40 PM »

Quote from: SOMEPARTS on January 21, 2021, 12:12:23 PM

The ~~Amish/Mennonites~~ Hasidic Jews have it figured out. All cash and no tax. Hmmm..

evacnam · « **Reply #4397 on:** January 21, 2021, 04:47:04 PM »

29,740.20 United States Dollar

Bindare_Dundat · « **Reply #4398 on:** January 21, 2021, 04:50:26 PM »

Quote from: evacnam on January 21, 2021, 04:47:04 PM

29,740.20 United States Dollar

Yup taking a beating. See how close Maydays posts are to playing out. I knew there was going to be a big drop when it hit all time high but I'm really impressed at this movement. Oh well...

SOMEPARTS · « **Reply #4399 on:** January 21, 2021, 04:58:57 PM »

Quote from: Bindare_Dundat on January 21, 2021, 04:50:26 PM

Yup taking a beating. See how close Maydays posts are to playing out. I knew there was going to be a big drop when it hit all time high but I'm really impressed at this drop. Oh well...

Over 2020 it averaged about 10k valuation through mid November then the run up. At 30k still plenty of drop left. It's 9am in Asia...