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Thread: Bitcoin Cracks $5000

  1. #961
    Quote Originally Posted by Mordan View Post
    we ask because that's how we got in the first place. That's how we saw the light.

    And we want other people to join the fun in breaking the power of central banks.

    Did I complain about people buying at 10 USD when i first bought at 1000 usd?

    Smart money knows when to fold.
    Yeah Im sure that's exactly what it is and that crypto is totally breaking those central banks. Still buying that fairy tale I see.
    Last edited by devil21; 07-10-2019 at 03:23 AM.
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book



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  3. #962
    Quote Originally Posted by devil21 View Post
    Yeah Im sure that's exactly what it is and that crypto is totally breaking those central banks. Still buying that fairy tale I see.

  4. #963
    Pretty big selloff. Bitcoin probably not making new recent highs above 14k in the next couple of weeks. Kind of in no mans land right now. A lot of negative news lately. If it shrugs that news off and consolidates and gets footing and works its way for a run higher over the next few months, will likely make an all time high at some point. If it fails hard probably the end of the road for Bitcoin for a long while.

  5. #964
    I am holding out for 1 million .
    Do something Danke

  6. #965
    Quote Originally Posted by oyarde View Post
    I am holding out for 1 million .
    McAfee says by the end of next year- or he eats his private parts.

    Big drop this week. Bitcoin has lost almost $3000 since June 26th and is back near $10,000.

  7. #966
    Quote Originally Posted by Zippyjuan View Post
    McAfee says by the end of next year- or he eats his private parts.

    Big drop this week. Bitcoin has lost almost $3000 since June 26th and is back near $10,000.
    Funny how you mention the $3000 drop, but not the $5000 increase in the same month.
    "He's talkin' to his gut like it's a person!!" -me
    "dumpster diving isn't professional." - angelatc
    "You don't need a medical degree to spot obvious bullshit, that's actually a separate skill." -Scott Adams
    "When you are divided, and angry, and controlled, you target those 'different' from you, not those responsible [controllers]" -Q

    "Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing." - Ron Paul

    "Paul said "the wave of the future" is a coalition of anti-authoritarian progressive Democrats and libertarian Republicans in Congress opposed to domestic surveillance, opposed to starting new wars and in favor of ending the so-called War on Drugs."

  8. #967
    Quote Originally Posted by dannno View Post
    Funny how you mention the $3000 drop, but not the $5000 increase in the same month.
    Almost as funny as you not commenting on the price as it went from $20,000 to about $3,000.

  9. #968
    Quote Originally Posted by Zippyjuan View Post
    Almost as funny as you not commenting on the price as it went from $20,000 to about $3,000.
    Actually I did, but you failed to comment on the price going from $250 - $20,000 first.
    "He's talkin' to his gut like it's a person!!" -me
    "dumpster diving isn't professional." - angelatc
    "You don't need a medical degree to spot obvious bullshit, that's actually a separate skill." -Scott Adams
    "When you are divided, and angry, and controlled, you target those 'different' from you, not those responsible [controllers]" -Q

    "Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing." - Ron Paul

    "Paul said "the wave of the future" is a coalition of anti-authoritarian progressive Democrats and libertarian Republicans in Congress opposed to domestic surveillance, opposed to starting new wars and in favor of ending the so-called War on Drugs."



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  11. #969
    Bitcoin really taking a $#@! right now at 9250. It looks like death. Wouldn't be surprised if this is shakeout and has a bounce. Might wake up early and look to buy. Gut feeling is lot of people using this spot as a place to exit thinking trend is over. Would like to get a flush to 9k

  12. #970
    Retreated 27% in a week. Believed related to the publicity surrounding Facebook's currency. It rose as the Facebook story made the news and now questions are being raised about it, bitcoin is going down.

    https://cointelegraph.com/news/bitco...libra-concerns

    Bitcoin Price Slips 10% in 24 Hrs as Fed Raises Facebook Libra Concerns

    Data from Coin360 sees the majority of cryptocurrencies firmly in the red Thursday, hours after Federal Reserve Chairman Jerome Powell said Facebook’s offering should not continue development.

    Libra, which aims to act firstly as a cross-border payment method, allegedly buoyed Bitcoin throughout recent weeks, with commentators arguing its public profile was driving publicity and uptake of Bitcoin itself.

    Powell’s demands, which follow similar words from representatives of the Senate House of Financial Services Committee, leant weight to that theory.

    “Libra raises serious concerns regarding privacy, money laundering, consumer protection, financial stability,” he said during a speech before a congressional committee. “These are concerns that should be thoroughly and publicly addressed.”
    More at link.

    And on the way up:

    https://www.forbes.com/sites/billyba.../#8801a576e22b

    Facebook Libra Interest Spikes, Pushing The Bitcoin Price On

    Facebook, the social media giant that's found itself caught in a web of scandals over recent years, is gearing up to release details of its much-hyped potential rival to the world's biggest cryptocurrency, bitcoin, with a white paper detailing plans for Facebook Libra expected later today.

    The bitcoin price has surged over the last few months as interest in payments from the likes of Facebook, other major social media platforms, and some of Silicon Valley's most valuable companies sparks a fresh wave of crypto mania after the bitcoin price slumped sharply throughout 2018.
    Last edited by Zippyjuan; 07-16-2019 at 09:02 PM.

  13. #971
    One can monitor Bitcoin price on the Internet. By the way, what sources do you use for this purpose? Usually I just surf the pages of result. Also I check cryptolinks in order to find all necessary information about cryptocurrency. What sites can you recommend?

  14. #972
    Pretty big undercut and rally to 10.5k

  15. #973

  16. #974
    Quote Originally Posted by Mordan View Post
    9.5k

    Store of Value!
    If you consider losing 25% of its value in the past month "storing value". It was up to around $13,000. It is too volatile to be considered a
    "store of value".
    Last edited by Zippyjuan; 07-28-2019 at 04:34 PM.

  17. #975
    11.8k

    Store of Value.

    Anyone who bought and hodled when this post started is on massive gains.

  18. #976
    Quote Originally Posted by Mordan View Post
    11.8k

    Store of Value.

    Anyone who bought and hodled when this post started is on massive gains.
    Stocks are up. Would you say they are a "store of value"? Even after the recent price hikes, BitCoin is still almost 50% below its high. Does that make it a "store of value"? What do you consider a "store of value"?



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  20. #977
    “…let us teach them that all who draw breath are of equal worth, and that those who seek to press heel upon the throat of liberty, will fall to the cry of FREEDOM!!!” – Spartacus, War of the Damned

    BTC: 1AFbCLYU3G1dkbsSJnk3spWeEwpqYVC2Pq

  21. #978
    15.5k

    Store of value.

    Overperforming gold this month of turmoil.

  22. #979

  23. #980
    It's down to 17895 from 18500. Some store of value! hahaha.... It'll crash next time to 22.5, then next time to 30K... Always crashing!

  24. #981
    Quote Originally Posted by Mordan View Post
    18k

    nobody cares hahaha.
    Already spent years trying to convince patriots and freedom lovers to get on board. Obviously I don't care if zippy buys any. If you're not onboard already, well, it's still probably a pretty good idea to pick some up.
    "He's talkin' to his gut like it's a person!!" -me
    "dumpster diving isn't professional." - angelatc
    "You don't need a medical degree to spot obvious bullshit, that's actually a separate skill." -Scott Adams
    "When you are divided, and angry, and controlled, you target those 'different' from you, not those responsible [controllers]" -Q

    "Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing." - Ron Paul

    "Paul said "the wave of the future" is a coalition of anti-authoritarian progressive Democrats and libertarian Republicans in Congress opposed to domestic surveillance, opposed to starting new wars and in favor of ending the so-called War on Drugs."

  25. #982
    Quote Originally Posted by RonPaulIsGreat View Post
    It's down to 17895 from 18500. Some store of value! hahaha.... It'll crash next time to 22.5, then next time to 30K... Always crashing!
    its anti-GRAVITY !
    its anti-FRN
    it is, NOT, emp proof
    i wish mine hadnt been stolen
    FLIP THOSE FLAGS, THE NATION IS IN DISTRESS!


    why I should worship the state (who apparently is the only party that can possess guns without question).
    The state's only purpose is to kill and control. Why do you worship it? - Sola_Fide

    Baptiste said.
    At which point will Americans realize that creating an unaccountable institution that is able to pass its liability on to tax-payers is immoral and attracts sociopaths?

  26. #983
    Quote Originally Posted by dannno View Post
    Already spent years trying to convince patriots and freedom lovers to get on board. Obviously I don't care if zippy buys any. If you're not onboard already, well, it's still probably a pretty good idea to pick some up.
    the problem is that the less distributed Bitcoin is, the more incentives jealous buttcoiners have to pass law to make life miserable to people like us.

    Its happening already. The BTC -> Fiat ramp are regulated to the extreme. The burden of proof will be one you.

    It will be an Orwellian "show us proof that you didn't commit fraud using your crypto"

  27. #984
    Nearing the all time high..

    $19,229.50
    "He's talkin' to his gut like it's a person!!" -me
    "dumpster diving isn't professional." - angelatc
    "You don't need a medical degree to spot obvious bullshit, that's actually a separate skill." -Scott Adams
    "When you are divided, and angry, and controlled, you target those 'different' from you, not those responsible [controllers]" -Q

    "Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing." - Ron Paul

    "Paul said "the wave of the future" is a coalition of anti-authoritarian progressive Democrats and libertarian Republicans in Congress opposed to domestic surveillance, opposed to starting new wars and in favor of ending the so-called War on Drugs."



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  29. #985
    Bitcoin remains, in essence, a no-earnings tech stock. Other than the network effect (i.e. it has value because it has value), which cannot support the price of anything long term (see the story of every speculative mania), the only support for bitcoin is its utility as a payment processing system. I don't think it's a useful payment processing system right now, let alone the dominant system of the future. But, hey, Tesla's trading at a p/e ratio over 1000. What could go wrong?


  30. #986
    ATH

    Its not a tech stock.. Its a completely new thing. Sorry if you don't do your own open minded research. For a start, its a public ledger notarized by gazillions watts of energy.



    Bitcoin remains, in essence, a no-earnings tech stock.
    Rescind your statement or

    Are you an intellectual fraud like the liberals?

  31. #987
    Quote Originally Posted by Mordan View Post
    ATH

    Its not a tech stock.. Its a completely new thing. Sorry if you don't do your own open minded research. For a start, its a public ledger notarized by gazillions watts of energy.





    Rescind your statement or

    Are you an intellectual fraud like the liberals?
    It's completely new! A digital string of 1s and 0s, with buy/sell transactions run through brokerages and exchanges who mostly keep retail transactions in their own dark pools, also who skim off "fees", turn over your info to the Feds for tax purposes, uses a trust structure where the holder of the asset isn't actually the owner of it, has banker run futures markets, and many, many other differences from stock markets.
    Last edited by devil21; 12-01-2020 at 03:26 PM.
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  32. #988
    Quote Originally Posted by devil21 View Post
    It's completely new! A digital string of 1s and 0s, with buy/sell transactions run through brokerages and exchanges who mostly keep retail transactions in their own dark pools, also who skim off "fees", turn over your info to the Feds for tax purposes, uses a trust structure where the holder of the asset isn't actually the owner of it, has banker run futures markets, and many, many other differences from stock markets.
    Um, you can also have an offline wallet, meaning that entire post is garbage.
    "He's talkin' to his gut like it's a person!!" -me
    "dumpster diving isn't professional." - angelatc
    "You don't need a medical degree to spot obvious bullshit, that's actually a separate skill." -Scott Adams
    "When you are divided, and angry, and controlled, you target those 'different' from you, not those responsible [controllers]" -Q

    "Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing." - Ron Paul

    "Paul said "the wave of the future" is a coalition of anti-authoritarian progressive Democrats and libertarian Republicans in Congress opposed to domestic surveillance, opposed to starting new wars and in favor of ending the so-called War on Drugs."

  33. #989
    Quote Originally Posted by dannno View Post
    Um, you can also have an offline wallet, meaning that entire post is garbage.
    those blind anti bitcoin people on this forum shows that liberals don't have the monopoly of intellectual fraud.

  34. #990
    Quote Originally Posted by dannno View Post
    Um, you can also have an offline wallet, meaning that entire post is garbage.
    What exactly is in the offline wallet? The entire blockchain?
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

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