Author Topic: Bitcoins - about to hit $5,000 per coin today!  (Read 765327 times)

Mayday

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5900 on: April 19, 2021, 12:37:11 PM »
As you all know I have some very good sources in Asia.

So, you heard this from me first. China will soon "un-ban" Bitcoin.

Watch this space (and remember where you heard it first...)

China has a blackout, 9,000BTC enter exchanges and cause a crash. Over 20k then pulled from exchanges straight after. China announce BTC should be looked into for investment purposes.

My assumption for crashes has remained true since Jan being that each crash is a new market Participant or existing ones expanding their position.

OneMoreRep

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5901 on: April 19, 2021, 03:11:37 PM »
Why are people acting like DOGE is not real and BTC is?  It's all the same shit.  People are just categorizing the way they want but in reality they are all Wild West shit.

Doge is real. From what I gather, it's been around since 2013.

I guess the implied value of BTC is just so much more than Doge. Additionally, with BTC people look at it as a store of wealth at this point in time, whereas Doge is merely an altcoin. I am a fan of altcoins, I believe the next Bitcoin will come from the many altcoins in existence. I also believe there will be a lot of use for most of these cryptos in the future. What exact use? I am not sure.

Again, mostly unchartered territory for me, but if I had to, I would allocate at least 10% of my portfolio to cryptos.

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OneMoreRep

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5902 on: April 19, 2021, 03:41:40 PM »
Interestingly, reports from FOX business news is that the Biden administration is going to begin figuring out regulation for Cryptocurrencies. I've said it before and I'll say it again, I don't think the US Government will allow for Cryptos to dethrone our FIAT currency that easily.

Ironically, in what seems like a positive twist of fate, the new SEC chief Gary Gensler has a background that included teaching blockchain technology at MIT. In many respects, this seems promising for cryptocurrencies.

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Flexacon

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5903 on: April 19, 2021, 04:31:03 PM »
Interestingly, reports from FOX business news is that the Biden administration is going to begin figuring out regulation for Cryptocurrencies. I've said it before and I'll say it again, I don't think the US Government will allow for Cryptos to dethrone our FIAT currency that easily.

Ironically, in what seems like a positive twist of fate, the new SEC chief Gary Gensler has a background that included teaching blockchain technology at MIT. In many respects, this seems promising for cryptocurrencies.

"1"

Bank of England is already looking at it's own digital currency https://www.bbc.co.uk/news/business-56799726

The Bank has previously said it is interested in a central bank digital currency (CBDC) because "this is a period of significant change in money and payments".

The Bank also sees having its own digital currency as a way of "avoiding the risks of new forms of private money creation", including crypto-currencies such as Bitcoin.



The new SEC chief Gary Gensler with a background in teaching blockchain technology probably isn't good news for bitcoin if this point from the article is accurate.


Most of the world's central banks are looking into the possibility of creating such a currency, but the only one already in existence is China's digital yuan, which is currently undergoing public testing.

El Diablo Blanco

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5904 on: April 19, 2021, 08:03:52 PM »
I honestly think the entire economy is heading for doom. Money growing out of nowhere. Millionaires coming out of nowhere.  Housing selling for far more than it’s worth and people with cash on hand to buy it all up. Something is not right and this whole deck of cards is going to tumble.  It will make the Great Depression look like a carnival. I honest think Covid was a world wide test to see how people will act when the entire worlds economy will collapse and the super rich will rebuild all of the wealth in their name.

OneMoreRep

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5905 on: April 19, 2021, 08:15:12 PM »
I honestly think the entire economy is heading for doom. Money growing out of nowhere. Millionaires coming out of nowhere.  Housing selling for far more than it’s worth and people with cash on hand to buy it all up. Something is not right and this whole deck of cards is going to tumble.  It will make the Great Depression look like a carnival. I honest think Covid was a world wide test to see how people will act when the entire worlds economy will collapse and the super rich will rebuild all of the wealth in their name.

I think you're absolutely right and have said the same on this site for quite some time.

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obsidian

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5906 on: April 19, 2021, 08:28:01 PM »
Doge Army doing it's thing for now!

obsidian

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5907 on: April 19, 2021, 08:29:49 PM »
I honestly think the entire economy is heading for doom. Money growing out of nowhere. Millionaires coming out of nowhere.  Housing selling for far more than it’s worth and people with cash on hand to buy it all up. Something is not right and this whole deck of cards is going to tumble.  It will make the Great Depression look like a carnival. I honest think Covid was a world wide test to see how people will act when the entire worlds economy will collapse and the super rich will rebuild all of the wealth in their name.
Yes I agree with that. It sounds like we are playing monopoly. The shit will hit the fan once gas, food, water and electricity becomes an issue.

Mayday

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5908 on: April 19, 2021, 08:33:10 PM »
Bank of England is already looking at it's own digital currency https://www.bbc.co.uk/news/business-56799726

The Bank has previously said it is interested in a central bank digital currency (CBDC) because "this is a period of significant change in money and payments".

The Bank also sees having its own digital currency as a way of "avoiding the risks of new forms of private money creation", including crypto-currencies such as Bitcoin.



The new SEC chief Gary Gensler with a background in teaching blockchain technology probably isn't good news for bitcoin if this point from the article is accurate.


Most of the world's central banks are looking into the possibility of creating such a currency, but the only one already in existence is China's digital yuan, which is currently undergoing public testing.


The central bank digital currencies will work outside of the bond market.

All the Covid assistance payments will be done on digital currency, no bond market required just a straight deposit into your bank account and an additional to the money supply.

They will put expiration dates and control what the digital money can be spent on. It allows the central banks micro management of the money supply.

It’s the base of UBI, you can have free money but you won’t be able to buy a lambo with it....../


obsidian

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5909 on: April 19, 2021, 08:40:59 PM »
Yes I agree with that. It sounds like we are playing monopoly. The shit will hit the fan once gas, food, water and electricity becomes an issue.

https://www.deagel.com/forecast

 In 2014 we published a disclaimer about the forecast. In six years the scenario has changed dramatically. This new disclaimer is meant to single out the situation from 2020 onwards. Talking about the United States and the European Union as separated entities no longer makes sense. Both are the Western block, keep printing money and will share the same fate.

After COVID we can draw two major conclusions:

    The Western world success model has been built over societies with no resilience that can barely withstand any hardship, even a low intensity one. It was assumed but we got the full confirmation beyond any doubt.
    The COVID crisis will be used to extend the life of this dying economic system through the so called Great Reset.

The Great Reset; like the climate change, extinction rebellion, planetary crisis, green revolution, shale oil (…) hoaxes promoted by the system; is another attempt to slow down dramatically the consumption of natural resources and therefore extend the lifetime of the current system. It can be effective for awhile but finally won’t address the bottom-line problem and will only delay the inevitable. The core ruling elites hope to stay in power which is in effect the only thing that really worries them.

The collapse of the Western financial system - and ultimately the Western civilization - has been the major driver in the forecast along with a confluence of crisis with a devastating outcome. As COVID has proven Western societies embracing multiculturalism and extreme liberalism are unable to deal with any real hardship. The Spanish flu one century ago represented the death of 40-50 million people. Today the world’s population is four times greater with air travel in full swing which is by definition a super spreader. The death casualties in today’s World would represent 160 to 200 million in relative terms but more likely 300-400 million taking into consideration the air travel factor that did not exist one century ago. So far, COVID death toll is roughly 1 million people. It is quite likely that the economic crisis due to the lockdowns will cause more deaths than the virus worldwide.

The Soviet system was less able to deliver goodies to the people than the Western one. Nevertheless Soviet society was more compact and resilient under an authoritarian regime. That in mind, the collapse of the Soviet system wiped out 10 percent of the population. The stark reality of diverse and multicultural Western societies is that a collapse will have a toll of 50 to 80 percent depending on several factors but in general terms the most diverse, multicultural, indebted and wealthy (highest standard of living) will suffer the highest toll. The only glue that keeps united such aberrant collage from falling apart is overconsumption with heavy doses of bottomless degeneracy disguised as virtue. Nevertheless the widespread censorship, hate laws and contradictory signals mean that even that glue is not working any more. Not everybody has to die migration can also play a positive role in this.

The formerly known as second and third world nations are an unknown at this point. Their fate will depend upon the decisions they take in the future. Western powers are not going to take over them as they did in the past because these countries won’t be able to control their own cities far less likely countries that are far away. If they remain tied to the former World Order they will go down along Western powers but won’t experience the brutal decline of the late because they are poorer and not diverse enough but rather quite homogenous used to deal with some sort of hardship but not precisely the one that is coming. If they switch to China they can get a chance to stabilize but will depend upon the management of their resources.

We expected this situation to unfold and actually is unfolding right now with the November election triggering a major bomb if Trump is re-elected. If Biden is elected there will very bad consequences as well. There is a lot of bad blood in the Western societies and the protests, demonstrations, rioting and looting are only the first symptoms of what is coming. However a new trend is taking place overshadowing this one.

The situation between the three great powers has changed dramatically. The only relevant achievement of the Western powers during the past decade has been the formation of a strategic alliance, both military and economic, between Russia and China. Right now the potential partnership between Russia and the European Union (EU) is dead with Russia turning definitively towards China. That was from the beginning the most likely outcome. Airbus never tried to establish a real partnership but rather a strategy to fade away the Russian aerospace industry. Actually Russia and China have formed a new alliance to build a long haul airliner. Western Europe (not to mention the United States) was never interested in the development of Russia or forming anything other than a master slave relationship with Russia providing raw materials and toeing the line of the West. It was clear then and today is a fact.

Russia has been preparing for a major war since 2008 and China has been increasing her military capabilities for the last 20 years. Today China is not a second tier power compared with the United States. Both in military and economic terms China is at the same level and in some specific areas are far ahead. In the domain of high-tech 5G has been a success in the commercial realm but the Type 055 destroyer is also another breakthrough with the US gaining a similar capability (DDG 51 Flight IIII) by mid of this decade (more likely by 2030). Nanchang, the lead ship of the Type 055 class, was commissioned amid the pandemic and lockdown in China.

Six years ago the likelihood of a major war was tiny. Since then it has grown steadily and dramatically and today is by far the most likely major event in the 2020s. The ultimate conflict can come from two ways. A conventional conflict involving at least two major powers that escalates into an open nuclear war. A second scenario is possible in the 2025-2030 timeframe. A Russian sneak first strike against the United States and its allies with the new S-500, strategic missile defenses, Yasen-M submarines, INF Zircon and Kalibr missiles and some new space asset playing the key role. The sneak first strike would involve all Russian missile strategic forces branches (bombers and ground-based missiles) at the different stages of such attack that would be strategic translation of what was seen in Syria in November 2015. There was no report that the Russian had such a capability of launching a high precision, multiple, combined arms attack at targets 2,000+ kilometers away. Western intelligence had no clue. The irony is that since the end of the Cold War the United States has been maneuvering through NATO to achieve a position to execute a first strike over Russia and now it seems that the first strike may occur but the country finished would be the United States.

Another particularity of the Western system is that its individuals have been brainwashed to the point that the majority accept their moral high ground and technological edge as a given. This has given the rise of the supremacy of the emotional arguments over the rational ones which are ignored or deprecated. That mindset can play a key role in the upcoming catastrophic events. At least in the Soviet system the silent majority of the people were aware of the fallacies they were fed up. We can see the United States claims about G5 being stolen from them by China or hypersonic technology being stolen by Russia as the evidence that the Western elites are also infected by that hubris. Over the next decade it will become obvious that the West is falling behind the Russia-China block and the malaise might grow into desperation. Going to war might seem a quick and easy solution to restore the lost hegemony to finally find them into a France 1940 moment. Back then France did not have nuclear weapons to turn a defeat into a victory. The West might try that swap because the unpleasant prospect of not being Mars and Venus but rather a bully and his dirty bitch running away in fear while the rest of the world is laughing at them.

If there is not a dramatic change of course the world is going to witness the first nuclear war. The Western block collapse may come before, during or after the war. It does not matter. A nuclear war is a game with billions of casualties and the collapse plays in the hundreds of millions.

jude2

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5910 on: April 19, 2021, 09:20:37 PM »
I am pissed.  I had 100,000 share of Doge at .04 and sold it last week for .07 to make 3K, then within 2 days goes up to .44 cents. :-\

Mayday

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5911 on: April 19, 2021, 09:49:23 PM »
I am pissed.  I had 100,000 share of Doge at .04 and sold it last week for .07 to make 3K, then within 2 days goes up to .44 cents. :-\

FOMO back in?

obsidian

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5912 on: April 20, 2021, 02:00:58 AM »
FOMO back in?
Today is Doge Day 4/20. People want to try and push it to $1 TODAY. How high will it go?

Also this is pretty big I think:

https://www.newsweek.com/dogecoin-gets-support-newegg-snickers-milky-way-doge-day-1584885

obsidian

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5913 on: April 20, 2021, 02:03:23 AM »

obsidian

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5914 on: April 20, 2021, 02:15:25 AM »
I am pissed.  I had 100,000 share of Doge at .04 and sold it last week for .07 to make 3K, then within 2 days goes up to .44 cents. :-\
You need diamond hands bra! I bought Doge at .02. Still hodling. I just wish I dumped $10,000 in Doge when it was 0.0004!

Bindare_Dundat

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5915 on: April 20, 2021, 03:47:54 AM »
Why are people acting like DOGE is not real and BTC is?  It's all the same shit. 

Wrong.

Bindare_Dundat

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5916 on: April 20, 2021, 03:50:53 AM »
Bitcoin is ‘the one’.

The entire crypto market revolves around BTC.

Each year thousands of cryptos fail and it doesn’t do shit to Bitcoin.

When BTC decides a bull market is over it takes everything down with it.

Although it’s possible Dogecoin could perform the greatest pisstake in history by getting the number one position on a meme coin. Elon will get dragged across the coals for that by US regulators.


Doge could bring crypto alot of pain. Its attracting even more negative attention to crypto that we don't need right now. Man, people are greedy and stupid as hell. Always shooting themselves in the foot. I hate youtube sometimes and the people that push this shit coin.


If you're not selling your Doge now and didn't buy when it was below 5 cents , I think its the biggest dumb gamble you could take. Might as well just pull the lever on a slot machine.

Mayday

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5917 on: April 20, 2021, 03:55:34 AM »
You need diamond hands bra! I bought Doge at .02. Still hodling. I just wish I dumped $10,000 in Doge when it was 0.0004!

You have pretty damn strong hands that’s for sure!

Dogecoin at $1 gets it to 3rd spot. Well deserved lol.

Such interesting times when people actually face a tough decision on investing in the future of the financial system or a coin with a picture of a dog that when a billionaire tweets ‘woof’ it goes up 50% LOL.

IroNat

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5918 on: April 20, 2021, 03:55:56 AM »
I honestly think the entire economy is heading for doom. Money growing out of nowhere. Millionaires coming out of nowhere.  Housing selling for far more than it’s worth and people with cash on hand to buy it all up. Something is not right and this whole deck of cards is going to tumble.  It will make the Great Depression look like a carnival. I honest think Covid was a world wide test to see how people will act when the entire worlds economy will collapse and the super rich will rebuild all of the wealth in their name.

A crash is coming for sure.  Crashes are cyclical and we are way overdue.  Probably a year away or more though.

>

https://www.currentmarketvaluation.com/models/buffett-indicator.php

The Buffett Indicator is the ratio of total United States stock market valuation to GDP. As of April 15, 2021 we calculate the Buffett Indicator as:

    Aggregate US Market Value: $51.8T
    Current Quarter Annualized GDP (Estimate): $21.9T
    Buffett Indicator: $51.8T ÷ $21.9T = 236%

By our calculation that is currently 90% (or about 2.9 standard deviations) above the historical average, suggesting that the market is Strongly Overvalued. These are historical, all-time highs. However, with interest rates at historic lows, there is reason to suspect that "this time is different" may hold true.



Bindare_Dundat

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5919 on: April 20, 2021, 03:56:58 AM »
You have pretty damn strong hands that’s for sure!

Dogecoin at $1 gets it to 3rd spot. Well deserved lol.

Such interesting times when people actually face a tough decision on investing in the future of the financial system or a coin with a picture of a dog that when a billionaire tweets ‘woof’ it goes up 50% LOL.

If by interesting times you mean, the world has gone full bat shit stupid, then yes, I agree.

Mayday

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5920 on: April 20, 2021, 04:01:53 AM »

Doge could bring crypto alot of pain. Its attracting even more negative attention toncrypto that we don't need right now. Man, people are greedy and stupid as hell. Always shooting themselves in the foot. I hate youtube sometimes and the people that push this shit coin.

True.

It’s a reflection of how broken everything is including people. That’s why Elon does it but still, it’s pretty fucked up to make jokes like this at a time when millions have lost jobs and so forth. Not smart.

I’m beginning to think this is actually Elon’s simulation! PayPal, electric cars, spaceships, chips in our brains....and a fucking dog coin that not only outperforms the leading cryptocurrency in it’s most important bullrun but is also proving to be more stable. Great, I’m an NPC.

Bindare_Dundat

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5921 on: April 20, 2021, 04:04:04 AM »
I am pissed.  I had 100,000 share of Doge at .04 and sold it last week for .07 to make 3K, then within 2 days goes up to .44 cents. :-\

always ladder in  and out of crypto and always leave some in for long term unless you think its going to zero.

Theoak*

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5922 on: April 20, 2021, 04:06:49 AM »
You need diamond hands bra! I bought Doge at .02. Still hodling. I just wish I dumped $10,000 in Doge when it was 0.0004!

Actually purchased 1300$aud at .004 back in 2018. Forgot I even had it in cold storage, only realised 2 months ago I was still holding. I was sure I traded it for BTC, guess not. I will at the end of the year though.

Bindare_Dundat

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5923 on: April 20, 2021, 04:07:24 AM »
True.

It’s a reflection of how broken everything is including people. That’s why Elon does it but still, it’s pretty fucked up to make jokes like this at a time when millions have lost jobs and so forth. Not smart.

I’m beginning to think this is actually Elon’s simulation! PayPal, electric cars, spaceships, chips in our brains....and a fucking dog coin that not only outperforms the leading cryptocurrency in it’s most important bullrun but is also proving to be more stable. Great, I’m an NPC.

lol, good one.

at least i can take solice in the fact that all my alts are going up while doge is red. for now(?) :-\  but who knows what that nut is going to tweet next?

Mayday

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5924 on: April 20, 2021, 04:11:41 AM »
A crash is coming for sure.  Crashes are cyclical and we are way overdue.  Probably a year away or more though.

>

https://www.currentmarketvaluation.com/models/buffett-indicator.php

The Buffett Indicator is the ratio of total United States stock market valuation to GDP. As of April 15, 2021 we calculate the Buffett Indicator as:

    Aggregate US Market Value: $51.8T
    Current Quarter Annualized GDP (Estimate): $21.9T
    Buffett Indicator: $51.8T ÷ $21.9T = 236%

By our calculation that is currently 90% (or about 2.9 standard deviations) above the historical average, suggesting that the market is Strongly Overvalued. These are historical, all-time highs. However, with interest rates at historic lows, there is reason to suspect that "this time is different" may hold true.





You can resolve that by letting inflation run rampant which increases revenue on valuation calculations.

Just pump trillions into the bottom of the market and the inflation feeds upwards and validations the share prices. They just don’t want to give the plebs money because they are worried we will pay down debt which fucks everything up. Hence digital central bank currencies fix all of that because you program it for food, fuel, clothes purchases only.