Author Topic: Bitcoins - about to hit $5,000 per coin today!  (Read 1130130 times)

Bindare_Dundat

  • Getbig V
  • *****
  • Posts: 12227
  • KILL CENTRAL BANKS, BUY BITCOIN.
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5825 on: April 19, 2021, 01:42:51 AM »
How does one know this isn’t the top?

Because every bull market in history ended in a strong parabolic move?

In peak 2017 People were overjoyed on social media at the 20% pullback at peak for the amazing buying opportunity posting ‘next stop, the moon’. 

Yesterday people were overjoyed on social media at the 20% pullback at peak for the amazing buying opportunity posting ‘you know what comes next’.

1.8B in liquidations in 1hr but everyone is certain it’s going up so fuck it, YOLO in again and we see 9B in total liquidations in 24hrs......

I’m just saying.......  ;)

I mentioned what itll take for me to concede that this run is over. The inability to get passed 58.6k in a quick manner or failing to get there at all this week would be a giant red flag. Id be unloading pretty quickly after that. 58.6k area took a while to get passed last time. Might not have enough to get passed that point again.

This drop, although not as large as other in the past came with such speed  I think it freaked alot of people out and they are sitting back and waiting before committing any serious $$$

obsidian

  • Getbig V
  • *****
  • Posts: 7350
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5826 on: April 19, 2021, 03:32:52 AM »
Doge is back at 42 cents. Some are trying to push it to $1 by April 20th which is tomorrow lol! It certainly has been resilient during this recent crash.

https://markets.businessinsider.com/news/stocks/dogecoin-price-predictions-can-the-dogearmy-take-doge-to-1-by-april-20-1030313320

FitnessFrenzy

  • Getbig V
  • *****
  • Posts: 29234
  • faux pas
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5827 on: April 19, 2021, 03:36:20 AM »
bevo, we need a doge update from you... how much was your initial investment? And what are your returns?

El Diablo Blanco

  • Getbig V
  • *****
  • Posts: 31841
  • Nom Nom Nom Nom
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5828 on: April 19, 2021, 04:29:21 AM »
Bitcoin has a chance to be "The One" but it seems there are dozens of made up cryptos that are flying high.  yet you can't do shit with most of them.  Then this NFT bullshit.  All of those are going to crash eventually and sadly Bitcoin is going to get caught in the mix.

Thin Lizzy

  • Getbig V
  • *****
  • Posts: 18452
  • It’s all a fraud
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5829 on: April 19, 2021, 04:47:56 AM »
Bitcoin has a chance to be "The One" but it seems there are dozens of made up cryptos that are flying high.  yet you can't do shit with most of them.  Then this NFT bullshit.  All of those are going to crash eventually and sadly Bitcoin is going to get caught in the mix.

I’ve heard this criticism of Crypto: that there’s scarcity of each one, but there’s no limit to how many can be created, as opposed to gold for which there’s gold and that’s it.

Mayday

  • Getbig IV
  • ****
  • Posts: 3019
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5830 on: April 19, 2021, 05:16:13 AM »
Bitcoin has a chance to be "The One" but it seems there are dozens of made up cryptos that are flying high.  yet you can't do shit with most of them.  Then this NFT bullshit.  All of those are going to crash eventually and sadly Bitcoin is going to get caught in the mix.

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.

gib

  • Getbig V
  • *****
  • Posts: 5100
  • Getbig!
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5831 on: April 19, 2021, 06:17:51 AM »
I’ve heard this criticism of Crypto: that there’s scarcity of each one, but there’s no limit to how many can be created, as opposed to gold for which there’s gold and that’s it.

Wrong. There is no limit to the number of physical items that can be used as store of value. Gold is but one of an infinite number of physical things.

There is only one Bitcoin, and there will always only will be (including its derivative forks).

But yes, the number of crypto currencies that can be created infinite. Which is why we will of course collectively gravitate to a single currency (or a small number), just like we did with gold.

gib

  • Getbig V
  • *****
  • Posts: 5100
  • Getbig!
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5832 on: April 19, 2021, 06:25:42 AM »
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...)

El Diablo Blanco

  • Getbig V
  • *****
  • Posts: 31841
  • Nom Nom Nom Nom
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5833 on: April 19, 2021, 06:52:03 AM »
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...)

I'm sure the Chinese gov is buying BTC, unban it, run up the price, sell it and then ban it again.

gib

  • Getbig V
  • *****
  • Posts: 5100
  • Getbig!
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5834 on: April 19, 2021, 07:14:43 AM »
I'm sure the Chinese gov is buying BTC, unban it, run up the price, sell it and then ban it again.

Correct they want to acquire it. Both to give them power and influence globally, as well as to ensure they front run their own population.

I doubt they would ever sell as they think strategically and loooooong term (as in decades and centuries ahead). However, short term attempts to manipulate price with the aim of accumulating on the sly is something I would not put past them at all. They might also use smaller amounts to make secret payments (bribes) etc on strategic matters.

To be clear, some parts of China leadership are very uncivilized and shortsighted, such as the whole "wolf-fighter" approach, which backfired terribly in how the CCP is perceived globally. But on the financial side, they have some very smart and foreign educated people. They understand the power of Bitcoin, and they will seek to acquire it and they have the resources to do so, both financially and through local mining (not to mention that many of their leaders and tycoons are already very eager to personally seek an RMB alternative that cannot be seized).

El Diablo Blanco

  • Getbig V
  • *****
  • Posts: 31841
  • Nom Nom Nom Nom
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5835 on: April 19, 2021, 08:30:06 AM »
Correct they want to acquire it. Both to give them power and influence globally, as well as to ensure they front run their own population.

I doubt they would ever sell as they think strategically and loooooong term (as in decades and centuries ahead). However, short term attempts to manipulate price with the aim of accumulating on the sly is something I would not put past them at all. They might also use smaller amounts to make secret payments (bribes) etc on strategic matters.

To be clear, some parts of China leadership are very uncivilized and shortsighted, such as the whole "wolf-fighter" approach, which backfired terribly in how the CCP is perceived globally. But on the financial side, they have some very smart and foreign educated people. They understand the power of Bitcoin, and they will seek to acquire it and they have the resources to do so, both financially and through local mining (not to mention that many of their leaders and tycoons are already very eager to personally seek an RMB alternative that cannot be seized).

The reason it's banned is that the gov can't track who owns it and the wealth.  So they've been buying a lot to have the upperhand and probably figured out a way to track purchases of it so they know who has money and hiding it.

OneMoreRep

  • Moderator
  • Getbig V
  • *****
  • Posts: 14162
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5836 on: April 19, 2021, 11:03:40 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.

Bitcoin is the king of cryptos! Every crypto revolves around it indeed.

For as brilliant as he is with his ideas for the future, he's an asshole troll. If you consider how many people could lose all their money taking a gamble with DOGE but with no set idea as to its price expiration and impending correction. Not to mention that the potential for this to force the hand of the SEC and US government to truly impose regulations on crypto trading is fucked up on Musk's part.

"1"

El Diablo Blanco

  • Getbig V
  • *****
  • Posts: 31841
  • Nom Nom Nom Nom
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5837 on: April 19, 2021, 11:15:21 AM »
Bitcoin is the king of cryptos! Every crypto revolves around it indeed.

For as brilliant as he is with his ideas for the future, he's an asshole troll. If you consider how many people could lose all their money taking a gamble with DOGE but with no set idea as to its price expiration and impending correction. Not to mention that the potential for this to force the hand of the SEC and US government to truly impose regulations on crypto trading is fucked up on Musk's part.

"1"

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.

Mayday

  • Getbig IV
  • ****
  • Posts: 3019
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5838 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

  • Moderator
  • Getbig V
  • *****
  • Posts: 14162
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5839 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.

"1"

OneMoreRep

  • Moderator
  • Getbig V
  • *****
  • Posts: 14162
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5840 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.

"1"

Flexacon

  • Getbig V
  • *****
  • Posts: 8342
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5841 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

  • Getbig V
  • *****
  • Posts: 31841
  • Nom Nom Nom Nom
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5842 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

  • Moderator
  • Getbig V
  • *****
  • Posts: 14162
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5843 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.

"1"

obsidian

  • Getbig V
  • *****
  • Posts: 7350
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5844 on: April 19, 2021, 08:28:01 PM »
Doge Army doing it's thing for now!

obsidian

  • Getbig V
  • *****
  • Posts: 7350
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5845 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

  • Getbig IV
  • ****
  • Posts: 3019
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5846 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

  • Getbig V
  • *****
  • Posts: 7350
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5847 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

  • Competitors II
  • Getbig V
  • *****
  • Posts: 11704
  • Getbig!
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5848 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

  • Getbig IV
  • ****
  • Posts: 3019
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #5849 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?