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Forum » It's Happening! Rich People Pouring Into Bitcoin Like I Predicted... Bitcoin at 30K!
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Thread: It's Happening! Rich People Pouring Into Bitcoin Like I Predicted... Bitcoin at 30K!

post 1627274693 01-02-2021, 11:27 AM
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Originally Posted By MirinCanadian99⏩
Lol another low iq cell who think's a fake currency known as crypto will propel him into richness and make him financially free. When in reality you're just making someone who invested before you richer because there is nothing upholding the value of your investment except for fearmongers and other suckers.

I'll stick with the traditional stock market where I know there is value behind each investment. But you do you. I'm sure you'll be crying on the misc when your investments tank once people see the economy will never collapse and even if it does, it won't take the world's governments much time to deal with it.
You seem to be unaware that the crypto market involves things other than currency.

Are you unware? Things like networks that Apps are built on top of? Decentralized alternatives to traditional financial products and services (called DEFI)? Social media platforms?

You been listening to Peter Schiff, dude?
If You Don't Like To Talk About Your Feelings, This Might Help...
https://forum.obnoxiousbrutes.com/showthread.php?t=178926621

The Most Heartbreaking Thing That I've Learned About 'The Elite'.
https://forum.obnoxiousbrutes.com/showthread.php?t=178536851

Bitcoin And 'The Elite' - Why Bitcoin Is Not Revolutionary
https://forum.obnoxiousbrutes.com/showthread.php?t=179820783
post 1627274753 01-02-2021, 11:27 AM
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Originally Posted By MirinCanadian99⏩
Lol another low iq cell who think's a fake currency known as crypto will propel him into richness and make him financially free. When in reality you're just making someone who invested before you richer because there is nothing upholding the value of your investment except for fearmongers and other suckers.

I'll stick with the traditional stock market where I know there is value behind each investment. But you do you. I'm sure you'll be crying on the misc when your investments tank once people see the economy will never collapse and even if it does, it won't take the world's governments much time to deal with it.
strong cope strong everything lol
post 1627274943 01-02-2021, 11:30 AM
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Originally Posted By BetaAsPhuck⏩
You seem to be unaware that the crypto market involves things other than currency.

Are you unware? Things like networks that Apps are built on top of? Decentralized alternatives to traditional financial products and services (called DEFI)?

You been listening to Peter Schiff, dude?
For someone not invested, why are you using a click-bait title? The rich pouring in is not at all what is happening lol
Your schtick sucks and it screams insecurity.
post 1627274973 01-02-2021, 11:30 AM
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Tfw i pulled all my money (9k) out of crypto 2 weeks ago to put into stock market and lost it all there. Left 500 in crypto and put it in DOGE last nIght for 60% profit..

Smh
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post 1627275593 01-02-2021, 11:39 AM
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Originally Posted By digital022⏩
For someone not invested, why are you using a click-bait title? The rich pouring in is not at all what is happening lol
What do you think is happening?

Did you read the thread that I posted in the OP?

Here's a link to relevant articles from the thread...
Originally Posted By BetaAsPhuck⏩
I wouldn't have posted it if I didn't see different sources coming to the same conclusion.

Like these links show...

https://finance.yahoo.com/news/gugge...091814935.html

https://www.cnbc.com/2020/10/09/cent...urrencies.html

https://www.nasdaq.com/articles/us-g...%3A-circle-ceo

https://qz.com/1817157/the-bank-of-e...ital-currency/

https://cointelegraph.com/news/bis-7...concrete-plans

https://markets.businessinsider.com/...-11-1029814531

https://www.coindesk.com/jpmorgan-an...utional-buyers


...Major institutions and influential people are moving into the cryptospace.


There are a lot more links I could post, but I think that's enough.
Another brah today posted more links that talk about institutional money in Bitcoin...
Originally Posted By Serenadium⏩
Bitcoin is fuking doing it boyos

https://bitcointreasuries.org/

+ stuff not even included based on more recent announacements:
-https://news.bitcoin.com/guggenheim-...ation-to-gold/
-https://www.bloomberg.com/news/artic...ward-s-backing
-https://www.theblockcrypto.com/post/...ording-to-deck
-https://www.investopedia.com/decodin...stment-5092586
-https://www.financemagnates.com/cryp...rrency-demand/
-https://www.coindesk.com/ruffer-inve...se-bitcoin-buy

The level of institutional interest is unfathomable and this is not even a drop in the bucket; we still have family offices holdings, retirement funds + foreign reserves to come. Its fuking doing it, im going to cry.
Let alone Paypal and Cashapp introducing the ability to buy Bitcoin in late 2020.
If You Don't Like To Talk About Your Feelings, This Might Help...
https://forum.obnoxiousbrutes.com/showthread.php?t=178926621

The Most Heartbreaking Thing That I've Learned About 'The Elite'.
https://forum.obnoxiousbrutes.com/showthread.php?t=178536851

Bitcoin And 'The Elite' - Why Bitcoin Is Not Revolutionary
https://forum.obnoxiousbrutes.com/showthread.php?t=179820783
post 1627277693 01-02-2021, 11:56 AM
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Originally Posted By MirinCanadian99⏩
Lol another low iq cell who think's a fake currency known as crypto will propel him into richness and make him financially free. When in reality you're just making someone who invested before you richer because there is nothing upholding the value of your investment except for fearmongers and other suckers.

I'll stick with the traditional stock market where I know there is value behind each investment. But you do you. I'm sure you'll be crying on the misc when your investments tank once people see the economy will never collapse and even if it does, it won't take the world's governments much time to deal with it.
I lost $200k in crypto...

By selling my btcs all at 23.5k and 27.8k... If I had held I'd be up an additional 200-225k right now LMFAO.

So should I be crying now? Or at what point do I start crying?
post 1627278933 01-02-2021, 12:08 PM
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People who were chitting on bitcoin when it first broke 1k are the same people who are still chitting on it. Imagine if they bought it at 1k.
post 1627279193 01-02-2021, 12:10 PM
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50000 cheese burgers or a lambo boyos?


to the moon!
post 1627279203 01-02-2021, 12:10 PM
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Originally Posted By digital022⏩
For someone not invested, why are you using a click-bait title? The rich pouring in is not at all what is happening lol
You're 100% wrong. The rich are pouring in. Their buys (via custodial accounts) are creating a supply issue which is why the btc price is going up.

We havent reached the retail buyer / regular folks fomo yet. If you don't believe go ahead and check the Google trends and compare against the 2017 bull run.

We are in a place now where the rich are getting in and everybody else will follow after they have established their positions.
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post 1627279863 01-02-2021, 12:15 PM
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Originally Posted By Trapstar4.4⏩
You're 100% wrong. The rich are pouring in. Their buys (via custodial accounts) are creating a supply issue which is why the btc price is going up.

We havent reached the retail buyer / regular folks fomo yet. If you don't believe go ahead and check the Google trends and compare against the 2017 bull run.

We are in a place now where the rich are getting in and everybody else will follow after they have established their positions.
Got it. The growth and price rise seem totally organic. No tether manipulation going on.
Your schtick sucks and it screams insecurity.
post 1627283393 01-02-2021, 12:53 PM
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Originally Posted By bfdehewdbyywhn⏩
Lmaooooo $100k???

these coincels are delusional. overvalued as fukk due the shilling of cryptocurrency. just another get rich quick scheme

SEC can ruin your whole portfolio. already happened recently with XRP
I bet you said that when btc was 3k too. " Btc to 30k? Omg lol"
Stick with your investments then. I don't actually care lol
Been around since btc was 3k. didn't need your involvement then and certainly don't need it at 33k
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post 1627283973 01-02-2021, 01:01 PM
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Originally Posted By zhengterry⏩
50000 cheese burgers or a lambo boyos?


to the moon!
post 1627284143 01-02-2021, 01:02 PM
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Originally Posted By digital022⏩
Got it. The growth and price rise seem totally organic. No tether manipulation going on.
There is not enough btc to support the institutions that now want it. It's that's simple

It's a relatively new asset class so I can see why some see it as this alien like thing.
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post 1627284213 01-02-2021, 01:02 PM
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Originally Posted By Trapstar4.4⏩
There is not enough btc to support the institutions that now want it. It's that's simple

It's a relatively new asset class so I can see why some see it as this alien like thing.
whats your thoughs on eth baby
post 1627284783 01-02-2021, 01:10 PM
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Originally Posted By Barteh⏩
People who were chitting on bitcoin when it first broke 1k are the same people who are still chitting on it. Imagine if they bought it at 1k.
I didn´t use to chit on bitcoin back in the day, but over the years it became more and more obvious how much of a scam it is. It doesn´t become any better, it depends on more suckers buying in.
Originally Posted By Trapstar4.4⏩
There is not enough btc to support the institutions that now want it. It's that's simple

It's a relatively new asset class so I can see why some see it as this alien like thing.
The fact that Btc is so scarce is the genious of this scam. Its a social experiment on how long humans are willing to go to get their hands on something scarce, even though it has no attractive usecases, and could easily be valued at zero. The fact that bitcoin is scarce is what makes it a scam, unironically. Creating something scarce out of thin air where eventually the entire supply will be lost. scam.
post 1627284863 01-02-2021, 01:11 PM
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Originally Posted By dunnie⏩
whats your thoughs on eth baby
Eth is hot fire and people will make sht tons of money as well. Not a competitor to btc which is nice and will be available in as a part of custodial services for the weathy (and whoever dont want to manage crypto on their own).

As we go down this bull run I'm going to take a hard look at litecoin. Btc is going to have some serious supply issues and that's just Based on the FIs that actually announced their investment. It doesn't take into account those who are investing but not yet announcing and those who are still in due diligence and can't announce.

I think litecoin, which is already a "baby btc" may have to come in as a secondary store of value. For FIs who need more btc but are having trouble obtaining everything that they need due to tight supply
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post 1627286793 01-02-2021, 01:36 PM
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Originally Posted By BetaAsPhuck⏩
Mind sharing what's in your portfolio?

I'll reiterate... I believe that Bitcoin will make people rich in the next few years, even though I think the tech is trash, compared to other cryptocurrencies (e.g. Bitcoin Cash, Monero, etc) . This thread is about helping the average joe to make some financial in 2021 and 2022.
BTC is going to drop heavy soon for sure. If you don't recognize that, why do you even bother to "share your thoughts"? Most people investing in BTC RIGHT NOW, will not cash out and their portfolio will crash.

Coming from someone who bought in BTC at $3k, and saw it rise to $10k, crash, $20k, crash. Nothing has changed except new shills entering the crypto market lol. srs.

When this happens, people like you disappear from the BTC scene and new shills pop up the next year. I've seen this 10x already.
post 1627289033 01-02-2021, 02:04 PM
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Originally Posted By rgnx⏩
BTC is going to drop heavy soon for sure. If you don't recognize that, why do you even bother to "share your thoughts"?
From the first post in this thread. I don't know why miscers like you do that, you don't read people's posts properly but you talk arrogantly to them...
Originally Posted By BetaAsPhuck⏩
I'm not saying that there may not be a big correction, but long term the trajectory by 2022 is that Bitcoin will be worth significantly more than it is today.
When this happens, people like you disappear from the BTC scene and new shills pop up the next year. I've seen this 10x already.
I've been involved in crypto for the past few years.

The whole point of this is to get people interested in looking into crypto.

Please read my posts properly in the future.


Note: I also advised people to do research before investing. It's all there in the first post.
If You Don't Like To Talk About Your Feelings, This Might Help...
https://forum.obnoxiousbrutes.com/showthread.php?t=178926621

The Most Heartbreaking Thing That I've Learned About 'The Elite'.
https://forum.obnoxiousbrutes.com/showthread.php?t=178536851

Bitcoin And 'The Elite' - Why Bitcoin Is Not Revolutionary
https://forum.obnoxiousbrutes.com/showthread.php?t=179820783
post 1627290013 01-02-2021, 02:17 PM
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Originally Posted By BetaAsPhuck⏩
From the first post in this thread. I don't know why miscers like you do that, you don't read people's posts properly but you talk arrogantly to them...






I've been involved in crypto for the past few years.

The whole point of this is to get people interested in looking into crypto.

Please read my posts properly in the future.


Note: I also advised people to do research before investing. It's all there in the first post.
Well, that's the most important part: Huge correction incoming.

We already know BTC will go back up, until SOMEONE puts a stop to it, which is also very likely

For such reason, it's the wrong time to get people interested in looking into crypto. It's about to crash hard.
post 1627290223 01-02-2021, 02:19 PM
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Originally Posted By rgnx⏩
Well, that's the most important part: Huge correction incoming.
Corrections don't get the masses interested, pumps do.

My thread title was clickbait to get people interested. The "I predicted" hopefully would draw people in (people are drawn to predictions, IME).

Hopefully people don't just read this thread, and dive in headfirst. Hopefully they start reading around and watching vids, and see people talking about corrections/dips, etc.
We already know BTC will go back up, until SOMEONE puts a stop to it, which is also very likely
What makes you say that?
If You Don't Like To Talk About Your Feelings, This Might Help...
https://forum.obnoxiousbrutes.com/showthread.php?t=178926621

The Most Heartbreaking Thing That I've Learned About 'The Elite'.
https://forum.obnoxiousbrutes.com/showthread.php?t=178536851

Bitcoin And 'The Elite' - Why Bitcoin Is Not Revolutionary
https://forum.obnoxiousbrutes.com/showthread.php?t=179820783
post 1627290493 01-02-2021, 02:23 PM
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Originally Posted By BetaAsPhuck⏩
What makes you say that?
It's literally silly to think the people can re-take power over "currency". Sorry, not while banks control every single government.

BTC is too volatile to EVER become a currency
post 1627290753 01-02-2021, 02:25 PM
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Originally Posted By rgnx⏩
It's literally silly to think the people can re-take power over "currency". Sorry, not while banks control every single government.
Guerrilla warfare literally cannot be beaten. When armies fight Guerilla forces the wars become indefinite (e.g. Vietnam, Iraq.)

Decentralization works.

Agorism is about decentralized counter economics.

Cryptocurrency use is slowly gaining traction in South America, I've seen it over the past few years. Economic problems create opportunity.
BTC is too volatile to EVER become a currency
I don't support BTC as a currency, and there are other cryptocurrencies.

There are auto converters when it comes to pricing.
If You Don't Like To Talk About Your Feelings, This Might Help...
https://forum.obnoxiousbrutes.com/showthread.php?t=178926621

The Most Heartbreaking Thing That I've Learned About 'The Elite'.
https://forum.obnoxiousbrutes.com/showthread.php?t=178536851

Bitcoin And 'The Elite' - Why Bitcoin Is Not Revolutionary
https://forum.obnoxiousbrutes.com/showthread.php?t=179820783
post 1627290773 01-02-2021, 02:25 PM
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Originally Posted By BetaAsPhuck⏩
Corrections don't get the masses interested, pumps do.
And that's part of the reason the "masses" always end up losing. FOMO.

But by that point, it's already too late.
post 1627291093 01-02-2021, 02:29 PM
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Originally Posted By rgnx⏩
And that's part of the reason the "masses" always end up losing. FOMO.

But by that point, it's already too late.
Fair point. I could have explicitly advise people to hold off buying until the price dips.

In fact I will now
If You Don't Like To Talk About Your Feelings, This Might Help...
https://forum.obnoxiousbrutes.com/showthread.php?t=178926621

The Most Heartbreaking Thing That I've Learned About 'The Elite'.
https://forum.obnoxiousbrutes.com/showthread.php?t=178536851

Bitcoin And 'The Elite' - Why Bitcoin Is Not Revolutionary
https://forum.obnoxiousbrutes.com/showthread.php?t=179820783
post 1627291203 01-02-2021, 02:31 PM
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Originally Posted By BetaAsPhuck⏩
I don't support BTC as a currency, and there are other cryptocurrencies.

There are auto converters when it comes to pricing.
Brb buy a house with crypto worth 1M, the next month your crypto that you spent is worth 2M. All of these cryptos are too volatile to ever become a currency. MOST people are just investing in it to get rich quick, and that will backfire hard.
post 1627291673 01-02-2021, 02:37 PM
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Originally Posted By rgnx⏩
Brb buy a house with crypto worth 1M, the next month your crypto that you spent is worth 2M. All of these cryptos are too volatile to ever become a currency.
You still have the house.

You would need to make a choice if you want to keep getting money, or if you want to buy things.

I've brought thing with crypto, regardless of if the price went up I wanted to buy it that day.

If a person can't handle that emotionally, then I would advice them not to engage in counter economics, because they will drive themselves insane.
MOST people are just investing in it to get rich quick, and that will backfire hard.
If someone just wants to get rich, then they will have no interest in buying anything with crypto. None at all, so those people wouldn't even listen to the message of counter-economics, so of course I wouldn't be talking to those people.

I'm talking to people who are fed up with the current system, and are willing to take (possible) financial losses to try to change things.

This thread is just about making money though, not counter-economics. So we've gone off topic.
If You Don't Like To Talk About Your Feelings, This Might Help...
https://forum.obnoxiousbrutes.com/showthread.php?t=178926621

The Most Heartbreaking Thing That I've Learned About 'The Elite'.
https://forum.obnoxiousbrutes.com/showthread.php?t=178536851

Bitcoin And 'The Elite' - Why Bitcoin Is Not Revolutionary
https://forum.obnoxiousbrutes.com/showthread.php?t=179820783
post 1627291803 01-02-2021, 02:38 PM
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Originally Posted By rgnx⏩
Brb buy a house with crypto worth 1M, the next month your crypto that you spent is worth 2M. All of these cryptos are too volatile to ever become a currency. MOST people are just investing in it to get rich quick, and that will backfire hard.
ALL people are investing in crypto to get as rich as possible, as fast as possible.

That's the one and only goal of investing in anything.
How to lose fat for Noobs: http://forum.obnoxiousbrutes.com/showthread.php?t=129247741
post 1627292263 01-02-2021, 02:44 PM
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Originally Posted By rgnx⏩
Brb buy a house with crypto worth 1M, the next month your crypto that you spent is worth 2M. All of these cryptos are too volatile to ever become a currency. MOST people are just investing in it to get rich quick, and that will backfire hard.
Lol it won’t be volatile for ever. More people into it the less volatile. Especially once it hits 7 figures. If you can’t handle volatility then it’s not for you and you won’t be rewarded down the road.
post 1627292323 01-02-2021, 02:44 PM
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#89
  1. inspectionstare
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Originally Posted By rgnx⏩
And that's part of the reason the "masses" always end up losing. FOMO.

But by that point, it's already too late.
The ONLY people who have lost money are those who sold, fool.
post 1627292813 01-02-2021, 02:49 PM
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#90
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Originally Posted By inspectionstare⏩
The ONLY people who have lost money are those who sold, fool.
Very true, though the average person doesn't think long term and panics at dips or when things go sideways. It's why I explicitly mentioned 2022 in my post, to encourage people to think long term.

Long term it's an uptrend.

I used to make big gains swing trading, and then lose everything. Nowadays I only think long term. If I would have just held some of my buys I would be looking at a nice bank account right now.
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