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Forum » Where is bitcoin's bottom? Take a guess ****gits
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Thread: Where is bitcoin's bottom? Take a guess ****gits

post 1654565743 01-18-2022, 07:12 PM
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Where is bitcoin's bottom? Take a guess ****gits

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post 1654565923 01-18-2022, 07:15 PM
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post 1654566293 01-18-2022, 07:24 PM
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we havn't even started to see the real effects of inflation yet lol

once that happens you are going to have a bunch of people who have been investing have to tap into those investments to keep their house/car/lifestyle and bitcoin is going to plummet

I wouldnt be surprised if it is down to 20k by the end of the year
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post 1654566383 01-18-2022, 07:26 PM
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post 1654566613 01-18-2022, 07:33 PM
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post 1654566633 01-18-2022, 07:34 PM
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Originally Posted By Jestbrah⏩
we havn't even started to see the real effects of inflation yet lol

once that happens you are going to have a bunch of people who have been investing have to tap into those investments to keep their house/car/lifestyle and bitcoin is going to plummet

I wouldnt be surprised if it is down to 20k by the end of the year
Gotta love how all the coincels have been parading around bitcoin as durable to inflation

And now that inflation is just starting to crack it loses a third of its value

LMAO
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post 1654566743 01-18-2022, 07:38 PM
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post 1654566923 01-18-2022, 07:42 PM
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Originally Posted By SaviorSelfJT⏩
Gotta love how all the coincels have been parading around bitcoin as durable to inflation

And now that inflation is just starting to crack it loses a third of its value

LMAO
its pretty much gold except less useful plus its not even tangible so theres that too

there was a big gold rush but it already boomed and passed and now its just an overpriced "commodity" of sorts
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post 1654566943 01-18-2022, 07:43 PM
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Break of structure will occur around the 28k handle.

Basic price action, SRS.
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post 1654566973 01-18-2022, 07:44 PM
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Originally Posted By SaviorSelfJT⏩
Gotta love how all the coincels have been parading around bitcoin as durable to inflation

And now that inflation is just starting to crack it loses a third of its value

LMAO
Maybe pre 2019 or so before it was all brought out by institutions
These days Bitcoin is just another arm of the stock market
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post 1654566983 01-18-2022, 07:45 PM
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Originally Posted By Realclout⏩


Break of structure will occur around the 28k handle.

Basic price action, SRS.
another major issue with bitcoin and inflation is that its going to hit the point people would want to Buy when people have the least amount of liquidity so they CANT buy, so its going to get ugly when that happens. There won't be any big buyback like with other investments unless something drastic happens to halt inflation.
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post 1654567023 01-18-2022, 07:45 PM
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will be buying a lot more btc if it dips to 20k
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post 1654567043 01-18-2022, 07:45 PM
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post 1654567193 01-18-2022, 07:47 PM
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post 1654567503 01-18-2022, 07:53 PM
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Originally Posted By Jestbrah⏩
we havn't even started to see the real effects of inflation yet lol

once that happens you are going to have a bunch of people who have been investing have to tap into those investments to keep their house/car/lifestyle and bitcoin is going to plummet

I wouldnt be surprised if it is down to 20k by the end of the year
Bitcoin is going to be needed to absorb all of the dollars freed up from big oil (Petro Dollar is dead) + money printing.
#
post 1654567803 01-18-2022, 08:02 PM
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Originally Posted By jamalfudge⏩
Bitcoin is going to be needed to absorb all of the dollars freed up from big oil (Petro Dollar is dead) + money printing.
doubt it, if inflation is big then money will go to tangibles, the last thing people will want is non tangibles

if people cant buy meat and eggs and gas, why are people going to want to spend money on electronic currency? who is going to have money to put into non tangible investments with major risk ?
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post 1654567983 01-18-2022, 08:07 PM
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Originally Posted By Jestbrah⏩
another major issue with bitcoin and inflation is that its going to hit the point people would want to Buy when people have the least amount of liquidity so they CANT buy, so its going to get ugly when that happens. There won't be any big buyback like with other investments unless something drastic happens to halt inflation.
Exactly, You think the WHALES pulling the STRINGS want to DROP price when EVERYBODY can buy-in. THEY'RE strategically WAITING to dump PRICE at a POINT when ONLY they CAN buy-in as well as OTHER top-tier MONEY-manager high-IG mogMAXXXERS.

Coincels only know MOON and LAMBO, They DON'T even UNDERSTAND anything more COMPLICATED then HODL. Just LOL at THINKING they ARE smart ENOUGH to PLAY on the WORLD stage with some of the RICHEST, Most INTELLIGENT people. The TIME of GETTING billionaire STATUS off the CRYPTO lottery SEEMS to be COMING to an END seems like PEOPLE are COMING to terms THAT it is NOT some MAGICAL get RICH quick ALL you gotta DO is BUY and GET lucky asset.

There ARE so MANY problems WITH btc and MOST crypto BUT coincels AREN'T ready for that BECAUSE they're STILL disillusioned BY the LUCKY few WHO hit it BIG during the WILD wild WEST phase of CRYPTO.
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post 1654568013 01-18-2022, 08:07 PM
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It's over for bitcoin. Lots of investors already pulled out and most of the rest will dump soon. It's mostly being kept alive by all the povertycels who invested free covid bucks, and will hold on forever thinking they'll be rich one day
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post 1654568053 01-18-2022, 08:09 PM
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Originally Posted By Jestbrah⏩
doubt it, if inflation is big then money will go to tangibles, the last thing people will want is non tangibles

if people cant buy meat and eggs and gas, why are people going to want to spend money on electronic currency? who is going to have money to put into non tangible investments with major risk ?
This is hyperbole and the logic only works in countries like Venezuela that have hundreds to thousands of % inflation rates
post 1654568153 01-18-2022, 08:11 PM
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There’s a ton of big/institutional money in BTC now vs in the past, but don’t let that fool anyone into thinking it’s 100% safe and will only go up, like real estate. It’s basically 100% risk-free for them thanks to their buddies in the government willing to print them some bailouts.

Institutions play by completely different rules than us, if shiit goes sideways they ALWAYS get a taxpayer funded bailout, whereas we’re left holding the bag, other coin pimps will tell you that’s a reason it’ll never crash again, but don’t believe it for a second


Full disclosure, I’m a coincel lolol, but also know when to not be left holding the bag and will never try to compare coins to things like farmland like some coincels will
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post 1654568433 01-18-2022, 08:19 PM
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Originally Posted By AlfBundy⏩
This is hyperbole and the logic only works in countries like Venezuela that have hundreds to thousands of % inflation rates
not really, like I said in another post I think

if cost of goods and services doubles over the next year but your salary doesnt, guess what......
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post 1654568503 01-18-2022, 08:20 PM
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Originally Posted By ThatGuy950⏩
There’s a ton of big/institutional money in BTC now vs in the past, but don’t let that fool anyone into thinking it’s 100% safe and will only go up, like real estate. It’s basically 100% risk-free for them thanks to their buddies in the government willing to print them some bailouts.

Institutions play by completely different rules than us, if shiit goes sideways theyALWAYS get a taxpayer funded bailout, whereas we’re left holding the bag, other coin pimps will tell you that’s a reason it’ll never crash again, but don’t believe it for a second


Full disclosure, I’m a coincel lolol, but also know when to not be left holding the bag and will never try to compare coins to things like farmland like some coincels will
if only more people understood this concept......
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post 1654568553 01-18-2022, 08:21 PM
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Originally Posted By ThatGuy950⏩
There’s a ton of big/institutional money in BTC now vs in the past, but don’t let that fool anyone into thinking it’s 100% safe and will only go up, like real estate. It’s basically 100% risk-free for them thanks to their buddies in the government willing to print them some bailouts.

Institutions play by completely different rules than us, if shiit goes sideways they ALWAYS get a taxpayer funded bailout, whereas we’re left holding the bag, other coin pimps will tell you that’s a reason it’ll never crash again, but don’t believe it for a second


Full disclosure, I’m a coincel lolol, but also know when to not be left holding the bag and will never try to compare coins to things like farmland like some coincels will
It's risk-free to them because they know it will eventually go up. The difference is they have enough money to weather the pullbacks with ease and then claim a tax deduction
post 1654568633 01-18-2022, 08:22 PM
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Originally Posted By Jestbrah⏩
not really, like I said in another post I think

if cost of goods and services doubles over the next year but your salary doesnt, guess what......
I think he means the hyperbole that there will be a demand for BTC due to SOME low-IQ logic such as the fall of the petro-dollar. I don't even think people realize the FED is TAPERING but they AREN'T ready for that either.
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post 1654568703 01-18-2022, 08:24 PM
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Originally Posted By AlfBundy⏩
It's risk-free to them because they know it will eventually go up. The difference is they have enough money to weather the pullbacks with ease and then claim a tax deduction
LOL at thinking THEY aren't unloading their bags at the top CAUSING the sell-off in-order to be liquid to scale-in during the pullback. IF you think THEY buy at the top and SIT through drawdown the entire pullback you SHOULD just rope.
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post 1654568983 01-18-2022, 08:31 PM
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Originally Posted By Realclout⏩
LOL at thinking THEY aren't unloading their bags at the top CAUSING the sell-off in-order to be liquid to scale-in during the pullback. IF you think THEY buy at the top and SIT through drawdown the entire pullback you SHOULD just rope.
The fed and the wealthy elite learned long ago its easy to work together to scam the majority of the American people on the stock market and in investing, all the meanwhile used the SEC to go after competitors
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post 1654569063 01-18-2022, 08:34 PM
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Originally Posted By Jestbrah⏩
The fed and the wealthy elite learned long ago its easy to work together to scam the majority of the American people on the stock market and in investing, all the meanwhile used the SEC to go after competitors
Sadly, Uninformed participants and Inefficiently priced assets are required to move markets. Wouldn't call it scamming, That is usually why THEY suggest 401Ks and ETFs for NORMIEnotGONNAmakeITcels because if they TRIED timing the market they would probably GO broke and IT would cost TO much to SUPPORT manCHILD babies who BLEW all their MONEY trying to BE a hedgie with their ECON 101 engineering degree. Tax payer BURDEN is already TO great WITHOUT a bunch OF Timmies WHO lost everything.

The sooner you realize that life isn't fair the QUICKER you will get out of your FEELINGS and GET-in your BAG.

We can't all be 10/10 CHAD c.e.o FOR their TO be WINNERS you have to have LOSERS. Duality, MY friend.

If you blame the SYSTEM for BEING a BROKE wageCUCK you will never BE able to BREAK-free from the MATRIX.
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post 1654569283 01-18-2022, 08:41 PM
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Originally Posted By Realclout⏩
Sadly, Uninformed participants and Inefficiently priced assets are required to move markets. Wouldn't call it scamming, That is usually why THEY suggest 401Ks and ETFs for NORMIEnotGONNAmakeITcels because if they TRIED timing the market they would probably GO broke and IT would cost TO much to SUPPORT manCHILD babies who BLEW all their MONEY trying to BE a hedgie with their ECON 101 engineering degree. Tax payer BURDEN is already TO great WITHOUT a bunch OF Timmies WHO lost everything.

The sooner you realize that life isn't fair the QUICKER you will get out of your FEELINGS and GET-in your BAG.

We can't all be 10/10 CHAD c.e.o FOR their TO be WINNERS you have to have LOSERS. Duality, MY friend.

If you blame the SYSTEM for BEING a BROKE wageCUCK you will never BE able to BREAK-free from the MATRIX.
But the feds will ultimately benefit by increasing that burden, short term maybe not but long term = total control plus they get wealthy in the process. I think we are starting to see the beginning of the end game of the process that has already been going on for awhile.
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post 1654569333 01-18-2022, 08:42 PM
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Originally Posted By Jestbrah⏩
The fed and the wealthy elite learned long ago its easy to work together to scam the majority of the American people on the stock market and in investing, all the meanwhile used the SEC to go after competitors
SEC are akin to the FDA and pentagon oversight committee, they are staffed by the same people they are meant to regulate
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post 1654569623 01-18-2022, 08:50 PM
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Originally Posted By Jestbrah⏩
But the feds will ultimately benefit by increasing that burden, short term maybe not but long term = total control plus they get wealthy in the process. I think we are starting to see the beginning of the end game of the process that has already been going on for awhile.
I disagree, There is no benefit to increasing the tax payer burden to support timmies who lost everything. They make way more money FUNELLING Timmies "Retirment" into vanguard and Roth were THEIR hedgie MONEY-managers make a FORTUNE for their OVERLORDS and IT incentives TIMMY to be a GOOD life-long WAGE-cuck with the "Retirement" carrot being dangled in his face.
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