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Where is bitcoin's bottom? Take a guess ****gits
01-18-2022, 07:12 PM
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01-18-2022, 07:15 PM
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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
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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01-18-2022, 07:26 PM
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01-18-2022, 07:33 PM
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#5
01-18-2022, 07:34 PM
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Originally Posted By Jestbrah⏩
Gotta love how all the coincels have been parading around bitcoin as durable to inflationwe 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
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
And now that inflation is just starting to crack it loses a third of its value
LMAO
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01-18-2022, 07:38 PM
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01-18-2022, 07:42 PM
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Originally Posted By SaviorSelfJT⏩
its pretty much gold except less useful plus its not even tangible so theres that tooGotta 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
And now that inflation is just starting to crack it loses a third of its value
LMAO
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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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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01-18-2022, 07:44 PM
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Originally Posted By SaviorSelfJT⏩
Maybe pre 2019 or so before it was all brought out by institutionsGotta 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
And now that inflation is just starting to crack it loses a third of its value
LMAO
These days Bitcoin is just another arm of the stock market
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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.Break of structure will occur around the 28k handle.
Basic price action, SRS.
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01-18-2022, 07:45 PM
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#12
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will be buying a lot more btc if it dips to 20k
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01-18-2022, 07:45 PM
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01-18-2022, 07:47 PM
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01-18-2022, 07:53 PM
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Originally Posted By Jestbrah⏩
Bitcoin is going to be needed to absorb all of the dollars freed up from big oil (Petro Dollar is dead) + money printing.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
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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01-18-2022, 08:02 PM
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#16
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Originally Posted By jamalfudge⏩
doubt it, if inflation is big then money will go to tangibles, the last thing people will want is non tangiblesBitcoin is going to be needed to absorb all of the dollars freed up from big oil (Petro Dollar is dead) + money printing.
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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01-18-2022, 08:07 PM
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Originally Posted By Jestbrah⏩
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.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.
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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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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01-18-2022, 08:09 PM
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#19
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Originally Posted By Jestbrah⏩
This is hyperbole and the logic only works in countries like Venezuela that have hundreds to thousands of % inflation ratesdoubt 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 ?
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 ?
01-18-2022, 08:11 PM
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#20
- ThatGuy950
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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
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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01-18-2022, 08:19 PM
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Originally Posted By AlfBundy⏩
not really, like I said in another post I thinkThis is hyperbole and the logic only works in countries like Venezuela that have hundreds to thousands of % inflation rates
if cost of goods and services doubles over the next year but your salary doesnt, guess what......
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01-18-2022, 08:20 PM
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Originally Posted By ThatGuy950⏩
if only more people understood this concept......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
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
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01-18-2022, 08:21 PM
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#23
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Originally Posted By ThatGuy950⏩
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 deductionThere’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
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
01-18-2022, 08:22 PM
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Originally Posted By Jestbrah⏩
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.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......
if cost of goods and services doubles over the next year but your salary doesnt, guess what......
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01-18-2022, 08:24 PM
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Originally Posted By AlfBundy⏩
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.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
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01-18-2022, 08:31 PM
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Originally Posted By Realclout⏩
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 competitorsLOL 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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01-18-2022, 08:34 PM
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Originally Posted By Jestbrah⏩
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 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
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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01-18-2022, 08:41 PM
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Originally Posted By Realclout⏩
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.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.
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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01-18-2022, 08:42 PM
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#29
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Originally Posted By Jestbrah⏩
SEC are akin to the FDA and pentagon oversight committee, they are staffed by the same people they are meant to regulateThe 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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01-18-2022, 08:50 PM
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#30
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Originally Posted By Jestbrah⏩
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.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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