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

[obsidian]

Bitcoin is back at 10,000+ and Ethereum at 250.

[obsidian]

It's ponzi bubble that relies on the "greater fool" theory.  As I have stated that here many times.
 Blips don't really exist, they are digital vaporware.  They can be stolen, disappear when the power goes off, and/or made illegal.   Who cares if it goes up... it means nothing to me and most others here, only to you.

With all the stimulus checks, riots etc. don't you think the dollar is going to take a hit? I think it is only natural for cryptos to go up as people seek for a hedge and a money source that is based on mathematics and not controlled by humans and uncertainty.

Cryptos go up and down sure. But the lows appear to be higher as time goes on.

[pellius]

Dare you go!  I recommend you to buy ammo with your winnings.  You're gonna need it.

LOL. I've been a competitive shooter since the 90s and have reloaded my own ammo using a Dillion Precision 550 that I use for practice. You can rest assured that I am well stocked.

[pellius]

With all the stimulus checks, riots etc. don't you think the dollar is going to take a hit? I think it is only natural for cryptos to go up as people seek for a hedge and a money source that is based on mathematics and not controlled by humans and uncertainty.

Cryptos go up and down sure. But the lows appear to be higher as time goes on.

Are you serious? I'm no BTC cheerleader but just look at the history. The facts. BTC has increased tremendously as time goes by. This thread alone proves it. This thread started cheering with glee that BTC hit $5,000. It's double that now in just three years.

I get the misgivings about cryptocurrency but no need to make things up to promote your agenda when it can is easily verified.

[gib]

It's ponzi bubble that relies on the "greater fool" theory.  As I have stated that here many times.
 Blips don't really exist, they are digital vaporware.  They can be stolen, disappear when the power goes off, and/or made illegal.   Who cares if it goes up... it means nothing to me and most others here, only to you.

Thank you. We will all make sure not to "turn the power off". 

[obsidian]

Are you serious? I'm no BTC cheerleader but just look at the history. The facts. BTC has increased tremendously as time goes by. This thread alone proves it. This thread started cheering with glee that BTC hit $5,000. It's double that now in just three years.

I get the misgivings about cryptocurrency but no need to make things up to promote your agenda when it can is easily verified.

You misunderstood. Read it again. I said the lows are higher as time goes on. (Well I said appear). They are higher. That means every time the Bitcoin price crashes it never goes lower than the last time it crashed. So the trend is for it to go up. That post was meant for Anabolic who gets all excited when the price crashes. Bitcoin's price is over 10k now. It could go down to 6k. But that's still higher than when it crashed to 3k.

I am a crypto bull which means I think the price will go up over time.

https://wizard.to/cryptocurrency/bitcoin-recorded-higher-lows-every-year-since-launch/

[pellius]

You misunderstood. Read it again. I said the lows are higher as time goes on. (Well I said appear). They are higher. That means every time the Bitcoin price crashes it never goes lower than the last time it crashed. So the trend is for it to go up. That post was meant for Anabolic who gets all excited when the price crashes. Bitcoin's price is over 10k now. It could go down to 6k. But that's still higher than when it crashed to 3k.

I am a crypto bull which means I think the price will go up over time.

https://wizard.to/cryptocurrency/bitcoin-recorded-higher-lows-every-year-since-launch/

You're right, I did misread your post. I thought you meant more lows than highs. I got it now. 🤗

[Mr Anabolic]

You misunderstood. Read it again. I said the lows are higher as time goes on. (Well I said appear). They are higher. That means every time the Bitcoin price crashes it never goes lower than the last time it crashed. So the trend is for it to go up. That post was meant for Anabolic who gets all excited when the price crashes. Bitcoin's price is over 10k now. It could go down to 6k. But that's still higher than when it crashed to 3k.

I am a crypto bull which means I think the price will go up over time.

https://wizard.to/cryptocurrency/bitcoin-recorded-higher-lows-every-year-since-launch/

I get excited? - lol 

What about the idiot bag holders who bought at $15-19K... no one ever talks about them.

Another rags to riches hopeful bliptard

[Mr Anabolic]

Thank you. We will all make sure not to "turn the power off". 

 yeah    because you know I'm right.   

[a_pupil]

can you guys shill harder please. need my coins to break even so I can get out lol.

[Mr Anabolic]

Bitcoin is back at 10,000+ and Ethereum at 250.

Easy come, easy go.  Ponzi scam.

[Teutonic Knight 1]

Easy come, easy go.  Ponzi scam.

None of those bitcoiners a posting pics with $$$$$$$$$$$$$$$ in theirs hands   

                                                     

[a_pupil]

None of those bitcoiners a posting pics with $$$$$$$$$$$$$$$ in theirs hands   

                                                     

inb4 a gib essay on the advantages of storing shitcoins on your encrypted external hard drive (alongside your most shameful porn videos) vs fiat currency.

[Flexacon]

Anyone that goes on too much about bitcoin, offline storage and tor browser, I instinctively just assume pedofile

[Teutonic Knight 1]

inb4 a gib essay on the advantages of storing shitcoins on your encrypted external hard drive (alongside your most shameful porn videos) vs fiat currency.

So where in a fuck is that bitcoins Fort Knox  .

[pellius]

Bitcoin is back at 10,000+ and Ethereum at 250.

Amazing. It finally breaks that mythical $10,000 barrier which is supposed to set a bullish trend but within minutes! Minutes! It just takes a huge dive. I was sticking with it hoping I could just get the money I put in back. When it got to over 10k I finally saw my opportunity to get out of there with a little bit of extra for my trouble. I, for once, made a good decision because after about another ten minutes it started a downward trend and then within about five minutes it dropped over $800.

It was a learning experience and I was able to get out while still a bit ahead but the volatility is just too much for my taste. I've only been in BTC for a couple of months, if even that, and already twice it just took a huge dive.

[gib]

Well done!

PS - I think someone may have turn off the electricity. Lets hope they turn it back on!!!

[pellius]

Well done!

PS - I think someone may have turn off the electricity. Lets hope they turn it back on!!!

I really do appreciate all your help and advice. It gave me a different perspective on things. I doing fine going the more traditional route. Maybe if I was thirty years younger and had time on my side but at my age, I have to stick with what works even if the potential rewards aren't as great with more riskier pursuits. I'll still use BTC for money transfers because it's more anonymous and a lot more online vendors are using it.

[Teutonic Knight 1]

Well done!

PS - I think someone may have turn off the electricity. Lets hope they turn it back on!!!

I told ya, 

[gib]

Good morning Mr A!

Do you really think Bitcoins "go away" when the power is turned off? (Hint - they don't). Nor do they "go away" if you "lose your hard drive".

And you do realize, I presume, that all your wealth in banks, and in stocks, is just a function of, and accessible in practice via a a system comprising of electronic blips, right?

If all power was to "go off", none of your cash in the bank or in stocks would in reality be accessible. (Physical gold would be, and that, at least is something we both agree on, which is probably why we both have some). Its not just "power going off", by the way, that you should consider. We could have "power on" but have banks hit by a massive virus that literally destroys records of who owns what. Banks can also go bust. They can restrict withdrawals. They can be closed. Etc.

But here's the thing you should really bear in mind. All your money in stocks and in cash in banks, can literally be lost/confiscated/nationalized/devalued. Its happened over and over in history. And if or when that happens, what are you going to do about it? Sue the bank? Sue the Government? Not a chance. This is why people are gravitating to bitcoin. Decentralized. Immutable. Incorruptible. Transferable and accessible without boarders. And this, in turn, is why you:

a) either secretly have BTC but are now too embarrassed to admit it because you know I am right; or
b) will buy BTC in the future.

Because stubborn as you are, you are not as stupid as you are making out to be. (I know this from some of your other posts on various threads that I have reviewed).

Now here's the funny thing. Because of a or b above, much as you hate me, you will always be conflicted in knowing that, when BTC really has is moment in time, you own me big time.

Blip.

[obsidian]

Did you guys forget?!

It is at $11,000. Ethereum is over $300.

https://www.ibtimes.com/ethereum-beating-bitcoin-important-metric-3019223

[Mr Anabolic]

Did you guys forget?!

It is at $11,000. Ethereum is over $300.

https://www.ibtimes.com/ethereum-beating-bitcoin-important-metric-3019223

Blips are so 2017.

I told you myopic bliptard morons on here 100x ... SILVER.

[Vince G, CSN MFT]

Honestly, I don't see why some of you are discussing this when most of you haven't bought, invested, sold, or mined Bitcoin and other cryptocurrency.   I told all of you fucks years ago about bitcoin and I got ridiculed about it and then all of a sudden some of you are acting like you invented the shit

Fact is that there is still plenty of bitcoin opportunities out there as well as buying and selling gold.   That's why I set up my Goodrum Group, goodrumgroup.com business a few months ago.   A lot of people out there want to buy all of this from every walk of life and if you're not in position to sell them, then you're shit out of luck.   


You doubted what I said years ago and lost while I made more than enough to haul my ass out of Sylva.   I'm telling you folks AGAIN that those opportunities are there.   Get on the boat or don't.   I honestly don't give a shit if you do.   Stop talking and start walking

[obsidian]

Blips are so 2017.

I told you myopic bliptard morons on here 100x ... SILVER.

Hi Catabolic!

Yes I have silver - bought it over 10 years ago when it was still at $15 per ounce. It is now $24.22

Listen to this Max Keiser interview. He explains why in his opinion Bitcoin can never be taken down by governments. I don't think Keiser is correct about the altcoins. But it is funny to hear his thoughts on Gold Bug Peter Schiff!

[obsidian]

Honestly, I don't see why some of you are discussing this when most of you haven't bought, invested, sold, or mined Bitcoin and other cryptocurrency.   I told all of you fucks years ago about bitcoin and I got ridiculed about it and then all of a sudden some of you are acting like you invented the shit

Fact is that there is still plenty of bitcoin opportunities out there as well as buying and selling gold.   That's why I set up my Goodrum Group, goodrumgroup.com business a few months ago.   A lot of people out there want to buy all of this from every walk of life and if you're not in position to sell them, then you're shit out of luck.   


You doubted what I said years ago and lost while I made more than enough to haul my ass out of Sylva.   I'm telling you folks AGAIN that those opportunities are there.   Get on the boat or don't.   I honestly don't give a shit if you do.   Stop talking and start walking

LMAO Yes you were right Venom Vince! I wish I took your Bitcoin posts more seriously! I have a friend who also told me about Bitcoin back in 2009 / 2010 and I dismissed it. I did however mine cryptos eventually. Just should have gotten into it way back then. But I think we are still at the beginning of this. It is going to go up more imo. And the more they print dollars and create all these stimulus packages the more it will go up.

https://cointelegraph.com/news/bitcoin-will-hit-28k-and-correct-then-hit-six-figures-max-keiser

Bitcoin price’s current surge, which has so far topped out at $11,380, is destined to continue beyond its all-time highs, the Wall Street veteran predicts.

Bitcoin (BTC) will not stop rising until it hits $28,000, Max Keiser believes as the largest cryptocurrency gains over 20% in a week.

In a series of tweets on July 27, the famously outspoken host of the Keiser Report forecast that BTC/USD was headed for six figures after a correction period near $30,000.

Peter Schiff is “puking his brains out”

Keiser made the prediction as Bitcoin passed $11,200 during a day of surprises. As Cointelegraph reported, $10,000 managed to hold for longer than a matter of hours, and data indicated that this latest trip to five figures was sturdier than others in 2020.

“$28,000 is in play before we see a pullback - and then we’re heading to 6-figures,” Keiser summarized.

Well known for his optimism and heavy preference for BTC over other cryptocurrencies, Keiser further took a swipe at gold bug Peter Schiff. Schiff, who has been celebrating gold hitting all-time highs against the U.S. dollar, had previously dismissed Bitcoin’s rise.

“It’s put up or shut up for Bitcoin — it’s got to hold $10,000 now,” he said during a debate with Morgan Creek Digital co-founder, Anthony Pompliano, on his YouTube channel on Sunday.

Keiser had little time for this and Schiff’s other arguments, claiming that in fact, the Bitcoin skeptic was secretly regretting his choice of gold.

“Somewhere, @PeterSchiff is puking his brains out right now,” the same tweet reads.