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

[TheGrinch]

Look at the rats

Some of them were in on it

Watch their body language

The storm was planned and staged and wanted

It was not cops , it was BLM and antifa

They were shit scared  Biden would be disqualified and had to Blame the storm on our president

But it was the dems and  the traitors that sent them in

So they could pretend to play victim

[epic is back]

Hm

[epic is back]

The video shows

People collecting the cell phones


Why do that if there isn’t compromised info on it

Also the computers that were taken on the 6 th

Then they want impeachment next day or so?

Why are they so frantic ?

The socialist trump haters  here and other Places will scatter abs turn on yourselves

[gib]

So Biden announces a 1.9 TRILLION stimulus package. More than 2x the entire market cap of Bitcoin.

One would think this will have to be positive to BTC, as in effect stimulus = money printing and yet more US debt.

Interestingly the USD actually rallied. But give it some time...

[epic is back]

Corn pop was a bad dude

[Bindare_Dundat]

So Biden announces a 1.9 TRILLION stimulus package. More than 2x the entire market cap of Bitcoin.

One would think this will have to be positive to BTC, as in effect stimulus = money printing and yet more US debt.

Interestingly the USD actually rallied. But give it some time...

Theres been bitcoin dumping recently almost every weekend. it came early this time.  long term projection is still bullish but im taking a hit on this one right now. Could change later. well see.

[epic is back]

Porches for all!!

[DooM_]

Lagarde Blasts Bitcoin’s Role in Facilitating Money Laundering

JANUARY 13, 2021

Bitcoin "has conducted some funny business and some interesting and totally reprehensible money laundering activity," European Central Bank President Christine Lagarde said on Wednesday.

Lagarde did not provide specific examples of money laundering cases but said she understood there had been criminal investigations into illegal activity. She did not elaborate.

“There has to be regulation. This has to be applied and agreed upon [...] at a global level because if there is an escape that escape will be used.”

Lagarde has meanwhile suggested that it could take the Eurozone up to four years before it possibly launches a digital euro.


https://www.reuters.com/article/us-crypto-currency-ecb/ecbs-lagarde-calls-for-regulating-bitcoins-funny-business-idUSKBN29I1B1

[Bindare_Dundat]

Lagarde Blasts Bitcoin’s Role in Facilitating Money Laundering

Bitcoin "has conducted some funny business and some interesting and totally reprehensible money laundering activity," European Central Bank President Christine Lagarde said on Wednesday.

Lagarde did not provide specific examples of money laundering cases but said she understood there had been criminal investigations into illegal activity. She did not elaborate.

“There has to be regulation. This has to be applied and agreed upon [...] at a global level because if there is an escape that escape will be used.”

Lagarde has meanwhile suggested that it could take the Eurozone up to four years before it possibly launches a digital euro.


https://www.reuters.com/article/us-crypto-currency-ecb/ecbs-lagarde-calls-for-regulating-bitcoins-funny-business-idUSKBN29I1B1

She's a criminal herself.  Look it up.

[OneMoreRep]

Wait a minute, tracking Bitcoin shows a whole lot of volatility.

On January 8th, I think it was as high as $41,940 and then on January 11th it was down $30,525. That's a 28% drop, what the fuck!?!

Do any of you guys holding BTC worry about these fluctuations?

"1"

[polychronopolous]

She's a criminal herself.  Look it up.

He's too lazy.

Much easier to post these 2016 talking points without putting any effort into researching the validity of the article or the person being quoted.

[DooM_]

He's too lazy.

Much easier to post these 2016 talking points without putting any effort into researching the validity of the article or the person being quoted.

above article is from the 13th of january 2021 , lagarde is head of the european central bank . . . so either way what she says has an effect . . .

[DooM_]

[Bindare_Dundat]

Wait a minute, tracking Bitcoin shows a whole lot of volatility.

On January 8th, I think it was as high as $41,940 and then on January 11th it was down $30,525. That's a 28% drop, what the fuck!?!

Do any of you guys holding BTC worry about these fluctuations?

"1"

No.lots of money can be/is being made here if actively trading. If holding, long term is still very bullish

[epic is back]

That chart looks like my cock in the mornings

[DooM_]

Bitcoin bubble: Can you bank on the cryptocurrency?

Financial crime lawyer Bambos Tsiattalou from Stokoe Partnership Solicitors is sceptical. 'Bitcoin and crypto-currencies alike are destined to fail,' he said.

'The problem with all cryptocurrencies is that they actually have no real intrinsic value – they are actually worthless.'

European Central Bank president Christine Lagarde this week blasted bitcoin for allowing 'funny business' like money laundering, and called for global regulation.

The FCA seems to be taking smaller steps, focusing on how bitcoin investments are advertised to unsuspecting savers. But Tsiattalou is dubious about whether increased regulation will help.

He said: 'The only thing that more stringent regulation will do is make the current speculative demand for crypto-currencies wane, which will ultimately lead to all cryptocurrencies reaching their true monetary value of zero, making it one of the biggest Ponzi schemes in recorded history.'


https://www.thisismoney.co.uk/money/markets/article-9148821/Bitcoin-bubble-hugely-inflated-market-burst.html

[Theoak*]

Wait a minute, tracking Bitcoin shows a whole lot of volatility.

On January 8th, I think it was as high as $41,940 and then on January 11th it was down $30,525. That's a 28% drop, what the fuck!?!

Do any of you guys holding BTC worry about these fluctuations?

"1"

Aftet 7 years hodling these swings have less of an impact on me. Its the nature of a new market.  Overtime the volatility will decrease.

[OneMoreRep]

Aftet 7 years hodling these swings have less of an impact on me. Its the nature of a new market.  Overtime the volatility will decrease.

Yeah, it's just too risky for my blood. But I know this new breed of traders love to fuck around with just shorting stocks and gambling on margin, so all power to them.

No.lots of money can be/is being made here if actively trading. If holding, long term is still very bullish

But is it more of a pump and dump by these large firms throwing millions of dollars into BTC with the hopes that most "average" people will buy into it, artificially cause the price to rise and then dump BTC for the smaller masses to deal with?

Again, I only invest in the market and do not actively trade in it, so it really has no effect on me. As a fan of economics though, I must say that this new, highly volatile, digital currency does seem like a speculative bubble.

"1"

[Army of One]

Wait a minute, tracking Bitcoin shows a whole lot of volatility.

On January 8th, I think it was as high as $41,940 and then on January 11th it was down $30,525. That's a 28% drop, what the fuck!?!

Do any of you guys holding BTC worry about these fluctuations?

"1"

No.10 years ago it was a dollar.It has had these fluctuations throughout its whole history.This for example was the late 2016 to late 2017 run from 500 dollars to 19k.Zoom out and look at the big picture and dont get emotional in the moment.Thats really all there is to it now institutions are coming in

[OneMoreRep]

Nope, 10 years ago it was a dollar.It has had these fluctuations throughout its whole history.This for example was the late 2016 to late 2017 run from 500 dollars to 19k.Zoom out and look at the big picture and dont get emotional in the moment.Thats really all there is to it now institutions are coming in

Man, that's a bumpy rollercoaster. I guess at my old age, I don't have the stomach for it.

"1"

[Mayday]

Wait a minute, tracking Bitcoin shows a whole lot of volatility.

On January 8th, I think it was as high as $41,940 and then on January 11th it was down $30,525. That's a 28% drop, what the fuck!?!

Do any of you guys holding BTC worry about these fluctuations?

"1"

I sold @ 40.5k. I don’t ride the dips because I can’t be 100% sure when it will bounce back. I can make an educated guess with probability but that is still a ‘guess’.

The drop you saw isn’t ‘the drop’. The proper crash just started yesterday

[Mayday]

No.10 years ago it was a dollar.It has had these fluctuations throughout its whole history.This for example was the late 2016 to late 2017 run from 500 dollars to 19k.Zoom out and look at the big picture and dont get emotional in the moment.Thats really all there is to it now institutions are coming in

Don’t forget to show the other side of that chart........

Be careful of the effect the institutions are having on price. We have grayscale, microstrategy and square as the major players. They were all buying back at 10k and have been for many months.

Going from 10k to 20k with the 3 major players buying took 6 months alongside retail buyers. That is the effect of institutions buying.

 Going from 20k to 40k took 1 month. It isn’t institutions causing the last 20k price rise nor the previous retail buyers.

The spike is the ‘hype’ buyers causing what is more likely a 1.5yr price increase in 1 month. This isn’t institutions, they aren’t this dumb.

The price of 40k is a June 2022 onwards price point.

[FitnessFrenzy]

No.10 years ago it was a dollar.It has had these fluctuations throughout its whole history.This for example was the late 2016 to late 2017 run from 500 dollars to 19k.Zoom out and look at the big picture and dont get emotional in the moment.Thats really all there is to it now institutions are coming in

do you own bitcoin?

[DooM_]

Don’t forget to show the other side of that chart........

Be careful of the effect the institutions are having on price. We have grayscale, microstrategy and square as the major players. They were all buying back at 10k and have been for many months.

Going from 10k to 20k with the 3 major players buying took 6 months alongside retail buyers. That is the effect of institutions buying.

 Going from 20k to 40k took 1 month. It isn’t institutions causing the last 20k price rise nor the previous retail buyers.

The spike is the ‘hype’ buyers causing what is more likely a 1.5yr price increase in 1 month. This isn’t institutions, they aren’t this dumb.

The price of 40k is a June 2022 onwards price point.

what do you think it will drop to . . . ?

[Bindare_Dundat]

https://www.coindesk.com/goldman-sachs-to-enter-crypto-market-soon-with-custody-play-source

Goldman Sachs to Enter Crypto Market ‘Soon’ With Custody Play
Goldman, JPMorgan and Citi are all said to be looking at crypto custody.

U.S. banking powerhouse Goldman Sachs has issued a request for information (RFI) to explore digital asset custody, according to a source inside the bank.

When asked about timing, the Goldman source said the bank’s custody plans would be “evident soon.”

Goldman’s digital asset custody RFI was circulated to at least one well-known crypto custody player toward the end 2020.

“Like JPMorgan, we have issued an RFI looking at digital custody. We are broadly exploring digital custody and deciding what the next step is,” said the Goldman source, who asked not to be named. (An RFI on crypto custody was issued by JPMorgan in October 2020, as reported by The Block.)