Bitcoins - about to hit $5,000 per coin today!

[SOMEPARTS]

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]

BTC $31,042

[SOMEPARTS]

BTC $31,042

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

[Bindare_Dundat]

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]

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

Where's gib??

[polychronopolous]

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]

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]

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]

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]

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]

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]

$ 30,847.86

[TheGrinch]

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

[evacnam]

29,740.20 United States Dollar

[Bindare_Dundat]

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]

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...

[BossBoss]

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...

Yes, it will drop below 10k.
Double Spend makes it worthless. (Double spend has been debunked)
It would be insane to stay in it with a lot of money. 

[Bindare_Dundat]

Yes, it will drop below 10k.
Double Spend makes it worthless.
It would be insane to stay in it with a lot of money.

Double spend has been debunked already.

[BossBoss]

Double spend has been debunked already.

Ok, thank you. I did not know that.

Then it will be fine..why would it drop without a reason?

[obsidian]

Yes, it will drop below 10k.
Double Spend makes it worthless.
It would be insane to stay in it with a lot of money.

https://www.coindesk.com/bitcoin-double-spend-that-never-happened

“And then we put out some FUD about a double spend that never actually happened”

https://twitter.com/bitstein/status/1352423991114403841?s=20

[BossBoss]

https://www.coindesk.com/bitcoin-double-spend-that-never-happened

“And then we put out some FUD about a double spend that never actually happened”

https://twitter.com/bitstein/status/1352423991114403841?s=20

Whatever, i used Getbig's own information..

[Bindare_Dundat]

Ok, thank you. I did not know that.

Then it will be fine..why would it drop without a reason?

Because most people are fucking pussies. Lol

Its been bombarded with bad news the last few days. Everything from Yellen, to the UK news, the HSBC news, LeBitchface calling it nothing more then criminality, some failed technicles, not holding certain level long enough. .... Wonder why?

Dont believe anything coming from bitmex

[Mayday]

This is the 2nd last drop in this phase.

The big one is yet to come.

BTC will touch somewhere around the 21k mark.

[Bindare_Dundat]

This is the 2nd last drop in this phase.

The big one is yet to come.

BTC will touch somewhere around the 21k mark.

What would you say was the cause of this sell off? Would like to hear your opinion if you have the time. Don't wana fish back pages. Cant remember everything. Lol

[BossBoss]

Dont believe anything coming from bitmex

Ok, i got that wrong, i thought they are trustworthy.
But nothing ever happened. No double spend.
Why they put it on twitter..

Anyway if you follow this link
https://cryptobriefing.com/unpacking-bitcoins-recent-double-spend-event/
It seems to me as there are still issuses which are maybe exploitable in the future.

But that is maybe not why it tanks right now.
It's maybe best to follow Mayday's price predictions. (he was right, but could be luck..)