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Bitcoin - Battle of the Bears and Bulls

 
We Are Slaves

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08/19/2022 04:40 AM

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Bitcoin - Battle of the Bears and Bulls
POLL: Next destination?
 28000-32000$
 Under 17500$
 Blank (View Results) 



Higher low or lower low?
We Are Slaves  (OP)

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08/19/2022 06:08 AM

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Re: Bitcoin - Battle of the Bears and Bulls
sein-ge0rgehear
We Are Slaves  (OP)

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08/19/2022 07:00 AM

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Re: Bitcoin - Battle of the Bears and Bulls
Surprising result so far...

Would be interesting to see if sentiment is so bearish with a couple hundred votes

shinthispit2k9
We Are Slaves  (OP)

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08/19/2022 07:46 AM

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Re: Bitcoin - Battle of the Bears and Bulls
Pinned

TY for the green!
Anonymous Coward
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08/19/2022 07:49 AM
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Re: Bitcoin - Battle of the Bears and Bulls
Oh look Crypto are going down, watch the GLP experts come out off the woods.

Funny how we don't see them when it's going up LOL.
Anonymous Coward
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08/19/2022 07:52 AM
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Re: Bitcoin - Battle of the Bears and Bulls
It's true value is zero since it produces nothing and its only worth comes from being able to sell it to a greater fool.

However with wash trading and tether et al stablecoins, it's able to have the "appearance" of value..

Well.. until your exchange exit scams for lack of liquidity and pulls a Mt gox or celcius.

No one actually uses it as currency. Digital beanie babies is a more apropo nomenclature.
Anonymous Coward
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08/19/2022 07:52 AM
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Re: Bitcoin - Battle of the Bears and Bulls
Oh look Crypto are going down, watch the GLP experts come out off the woods.

Funny how we don't see them when it's going up LOL.
 Quoting: Doc McBaffled


because it's a spin doctors game of virtual grabass
We Are Slaves  (OP)

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08/19/2022 07:53 AM

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Re: Bitcoin - Battle of the Bears and Bulls
Oh look Crypto are going down, watch the GLP experts come out off the woods.

Funny how we don't see them when it's going up LOL.
 Quoting: Doc McBaffled


That aimed at me? I post when it's up or down...since 2017
Anonymous Coward
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08/19/2022 07:56 AM
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Re: Bitcoin - Battle of the Bears and Bulls
Anonymous Coward
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Canada
08/19/2022 07:57 AM
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Re: Bitcoin - Battle of the Bears and Bulls
Oh look Crypto are going down, watch the GLP experts come out off the woods.

Funny how we don't see them when it's going up LOL.
 Quoting: Doc McBaffled


That aimed at me? I post when it's up or down...since 2017
 Quoting: We Are Slaves


No no lol. It's just a general comment that whenever crypto go down, this site get filled with comments like :

AHAHAH we told you it's all a scam, it's going to zero !

Then when it's going up, it all quiet.
We Are Slaves  (OP)

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08/19/2022 08:00 AM

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Re: Bitcoin - Battle of the Bears and Bulls
Oh look Crypto are going down, watch the GLP experts come out off the woods.

Funny how we don't see them when it's going up LOL.
 Quoting: Doc McBaffled


That aimed at me? I post when it's up or down...since 2017
 Quoting: We Are Slaves


No no lol. It's just a general comment that whenever crypto go down, this site get filled with comments like :

AHAHAH we told you it's all a scam, it's going to zero !

Then when it's going up, it all quiet.
 Quoting: Doc McBaffled


rockon
Macs Divoc
DOOOOOOOOMMMM

User ID: 77168401
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08/19/2022 08:01 AM

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Re: Bitcoin - Battle of the Bears and Bulls
[link to www.zerohedge.com (secure)]
"You're gonna miss Christianity when it's gone".
Altiyan Childs

Shoon, we will all have to make decisions that will change our destinies . Choose wisely.
Anonymous Coward
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08/19/2022 08:04 AM
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Re: Bitcoin - Battle of the Bears and Bulls
No one actually uses it as currency. Digital beanie babies is a more apropo nomenclature.
 Quoting: Anonymous Coward 83962626


That's not true.
It's official legal tender now in El Salvador.

Home Depot, Overstock, and a few other big places take it. Amazon has hired someone to study how they could use it.

I recall a Bitcoin village,a open air market of sorts that sprang up at a tech festival - you could even use it to buy coffee.
We Are Slaves  (OP)

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08/19/2022 08:10 AM

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Re: Bitcoin - Battle of the Bears and Bulls
200mil of longs liquidated in past 24h

This guy's been pretty good at calling trends lately



Last Edited by We Are Slaves on 08/19/2022 08:11 AM
We Are Slaves  (OP)

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08/19/2022 08:24 AM

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Re: Bitcoin - Battle of the Bears and Bulls
What's with the Juan stars? no-coiners?
Butch DeFeo
The Great Bafflement commences...

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08/19/2022 08:28 AM

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Re: Bitcoin - Battle of the Bears and Bulls
Bitcoin is outdated technology, and is gonna be fazed out over time. So is Ethereum, which is slow and expensive to use.

bccccc
DOCSRBAFFLEDredblueLEDDONTBEAPANDEMICS
Only you can stop the fake pandemic for yourself, no one will ever tell you the pandemic is over. It's time to WIN.
Abe Froman

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08/19/2022 08:38 AM
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Re: Bitcoin - Battle of the Bears and Bulls
Its going to 9 to 10 thousand.
Crap
We Are Slaves  (OP)

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08/19/2022 08:39 AM

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Re: Bitcoin - Battle of the Bears and Bulls
Bitcoin is outdated technology, and is gonna be fazed out over time. So is Ethereum, which is slow and expensive to use.


 Quoting: Butch DeFeo


Perhaps, perhaps not...some hedging in BTC is logical either way imo...especially with potential reserve currency inflation.

ETH's been good to me, but i've never really been into it...agree for it's high cost of use
Abe Froman

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08/19/2022 08:40 AM
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Re: Bitcoin - Battle of the Bears and Bulls
No one actually uses it as currency. Digital beanie babies is a more apropo nomenclature.
 Quoting: Anonymous Coward 83962626


That's not true.
It's official legal tender now in El Salvador.

Home Depot, Overstock, and a few other big places take it. Amazon has hired someone to study how they could use it.

I recall a Bitcoin village,a open air market of sorts that sprang up at a tech festival - you could even use it to buy coffee.
 Quoting: Anonymous Coward 83827444


Its too fuckung slow to use as a currency. Its old tech. Bitcoin is the Model T.
Crap
Mother Maggie

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08/19/2022 08:48 AM
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Re: Bitcoin - Battle of the Bears and Bulls
all the coins will crash.. the dollar will crash and all other fake monies will crash
Yea though I walk thru the valley of gross inability to recognize the absurd ..lies...propaganda and dark shits... I will fear it all NOT.. for THOU ART WITH ME. AND JESUS SAID ON THE CROSS.. FORGIVE THEM FATHER.. THEY KNOW NOT WHAT THEY DO
We Are Slaves  (OP)

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08/19/2022 09:05 AM

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Re: Bitcoin - Battle of the Bears and Bulls
Its going to 9 to 10 thousand.
 Quoting: Abe Froman


If it goes under 17500 in this trend...maybe

Up or down is fine by me :)
Butch DeFeo
The Great Bafflement commences...

User ID: 83141632
United States
08/19/2022 09:06 AM

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Re: Bitcoin - Battle of the Bears and Bulls
Bitcoin is outdated technology, and is gonna be fazed out over time. So is Ethereum, which is slow and expensive to use.


 Quoting: Butch DeFeo


Perhaps, perhaps not...some hedging in BTC is logical either way imo...especially with potential reserve currency inflation.

ETH's been good to me, but i've never really been into it...agree for it's high cost of use
 Quoting: We Are Slaves


Theta Token / Theta Network can do everything that Ethereum can do, only much faster and much less expensive.

THETA TOKEN THET

Last Edited by Butch DeFeo on 08/19/2022 09:50 AM
DOCSRBAFFLEDredblueLEDDONTBEAPANDEMICS
Only you can stop the fake pandemic for yourself, no one will ever tell you the pandemic is over. It's time to WIN.
Butch DeFeo
The Great Bafflement commences...

User ID: 83141632
United States
08/19/2022 09:07 AM

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Re: Bitcoin - Battle of the Bears and Bulls
No one actually uses it as currency. Digital beanie babies is a more apropo nomenclature.
 Quoting: Anonymous Coward 83962626


That's not true.
It's official legal tender now in El Salvador.

Home Depot, Overstock, and a few other big places take it. Amazon has hired someone to study how they could use it.

I recall a Bitcoin village,a open air market of sorts that sprang up at a tech festival - you could even use it to buy coffee.
 Quoting: Anonymous Coward 83827444


Its too fuckung slow to use as a currency. Its old tech. Bitcoin is the Model T.
 Quoting: Abe Froman


And mining is inefficient and uses too much electricity.

Staking is replacing mining, BIG TIME.
DOCSRBAFFLEDredblueLEDDONTBEAPANDEMICS
Only you can stop the fake pandemic for yourself, no one will ever tell you the pandemic is over. It's time to WIN.
Anonymous Coward
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08/19/2022 09:08 AM
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Re: Bitcoin - Battle of the Bears and Bulls
Slow, rising tide: like all investments

Long term, BTC very low right now
Shaun Kaven

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08/19/2022 09:11 AM

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Re: Bitcoin - Battle of the Bears and Bulls
BTC has been tracking directly against the USD. When the USD strengthens, BTC falls and when it weakens, BTC rises. It was doing well until the Fed minutes. Now that it’s clear that more hikes are coming, BTC falling again…
“A government big enough to give you everything you want is strong enough to take everything that you have”, Thomas Jefferson
Anonymous Coward
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08/19/2022 09:11 AM
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Re: Bitcoin - Battle of the Bears and Bulls
Bitcoin is DOA.

what it does short term doesnt matter much.

at $21k the miners are losing $5-8 billion collectively per year and the loss doubles in early 2024.

[link to broward.ghost.io (secure)]

it's simple math. Bitcoin can't continue unless
price reaches $40k soon and then $80k in 2024.

.
We Are Slaves  (OP)

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08/19/2022 09:17 AM

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Re: Bitcoin - Battle of the Bears and Bulls
BTC has been tracking directly against the USD. When the USD strengthens, BTC falls and when it weakens, BTC rises. It was doing well until the Fed minutes. Now that it’s clear that more hikes are coming, BTC falling again…
 Quoting: Shaun Kaven


That might not last long :


Anonymous Coward
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08/19/2022 09:18 AM
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Re: Bitcoin - Battle of the Bears and Bulls
No good reason to buy fake Bitcoin BTC.

It's already practically worthless, people just haven't realized it yet.

It might not go to zero but there's no real value.

Because it can't scale and therefore has no real utilities like the rest of the bullshit "crypto."
We Are Slaves  (OP)

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08/19/2022 09:19 AM

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Re: Bitcoin - Battle of the Bears and Bulls
Bitcoin is outdated technology, and is gonna be fazed out over time. So is Ethereum, which is slow and expensive to use.


 Quoting: Butch DeFeo


Perhaps, perhaps not...some hedging in BTC is logical either way imo...especially with potential reserve currency inflation.

ETH's been good to me, but i've never really been into it...agree for it's high cost of use
 Quoting: We Are Slaves


Theta Token / Theta Network can to everything that Ethereum can do, only much faster and much less expensive.

THETA TOKEN THET
 Quoting: Butch DeFeo


Yeah i heard good things about Theta, grabbed some last year
Anonymous Coward
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United States
08/19/2022 09:28 AM
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Re: Bitcoin - Battle of the Bears and Bulls
the "rally" of the past month was pure sucker ploy
by the whales. they bought in at strategic moments
to lure bystanders into a panic rally, which has now
fizzled out. I said so a month ago, Ive seen the
same game in stocks.

.
Anonymous Coward
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08/19/2022 09:29 AM
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Re: Bitcoin - Battle of the Bears and Bulls
12,000 here we come





GLP