BTC up $5k in the last 24hrs

[phaz0rz]

Nevermind - evidently his BTC wallet predates seed phrases. Sucks for that guy.

[rsot]

Originally Posted by phaz0rz

Nevermind - evidently his BTC wallet predates seed phrases. Sucks for that guy.

Solid find phaz - correct I remember it was a separate cold wallet or something

http://en.wikipedia.org/wiki/Bitcoin...wport_landfill

[SaiJin]

Originally Posted by phaz0rz

Has anyone here been faithful enough to stay invested in Bitcoin during the downturn over the past year or so? If so, today is probably a fun day for you.





I still think BTC is cool but it's unfortunate how the tech has been turned into a tool for profit/financial manipulation. I was sitting on a little over a hundred dollars worth before today.

It's actually up almost 20k in just a few days, but right now we're meeting a resistance at 80k, it will either consolidate here for a few days or get a correction to 72k THEN pump fast to 84K ish breaking the ema to bull trap people then nuke to 55k or even below.

We're still in a beat market.

[james_112233]

Originally Posted by SaiJin

It's actually up almost 20k in just a few days, but right now we're meeting a resistance at 80k, it will either consolidate here for a few days or get a correction to 72k THEN pump fast to 84K ish breaking the ema to bull trap people then nuke to 55k or even below.

We're still in a beat market.

Do you think so ?

Because this cycle has been different to the ones in the past I feel like this is it ... it's an extended cycle. We are going to all time new highs this year and it will catch everyone out.

Having a 4 year cycle is too predictable, too easy now. Everyone will make money if it continues like that. They need to catch people out.

[phaz0rz]

Originally Posted by SaiJin

It's actually up almost 20k in just a few days,

To be fair my post was accurate when I made it
I'm guessing by the replies that none of you are long term holders.
I went ahead and put a little more into BTC just now in case it's headed back to $100k or higher. It's all so shady though.

[murdered_by_ebay]

BTC is rising but other coins are lame which indicates that money is being funneled into BTC specifically so we are not gonna see a true bull market but rather a pump-up for midterms , I would exit by late october and take profits

[phaz0rz]

Monero is also rising

[SaiJin]

Originally Posted by phaz0rz

To be fair my post was accurate when I made it
I'm guessing by the replies that none of you are long term holders.
I went ahead and put a little more into BTC just now in case it's headed back to $100k or higher. It's all so shady though.

Yes, TF is very important.

You're adding more to your margin??
Because if you're buying spot, now is not the right time.

I reckon we'll see a retest of 77.4 today as it's been consolidation at above the bull flag, take the liquidity below there then if it reacts as support, we'll prolly see a soul taker of a bull trap and catch these damn moonboys and wreck them.

[SaiJin]

Originally Posted by phaz0rz

To be fair my post was accurate when I made it
I'm guessing by the replies that none of you are long term holders.
I went ahead and put a little more into BTC just now in case it's headed back to $100k or higher. It's all so shady though.

And yes, it's manipulated. MM entered the market so yea, heavy manipulation so you gotta be smart about it.

Take what the market gives you and not fight it.

[rsot]

Take some profit - keep some capital in BTC - ride the stretch - it's hard to time the exact maximums

[agent006140]

Originally Posted by murdered_by_ebay

BTC is rising but other coins are lame which indicates that money is being funneled into BTC specifically so we are not gonna see a true bull market but rather a pump-up for midterms , I would exit by late october and take profits

Bitcoin is the only crypto recognised by the global financial community as an alternative to gold and hard currency (eg US $).
Foreign countries which have asked us to hold their gold now want them back or transfer to London,they see what happens to Russia after they invaded Urkaine,they see what happens to Iran, the Dutch-.
They just moved most of their gold held in US back to Holland and London on private plane/
With Bitcoin,you dont need to charter a plane which could crush into an ocean !

[phaz0rz]

The global financial community is heavily invested in a variety of cryptocurrencies.. not just Bitcoin.

[agent006140]

Originally Posted by phaz0rz

The global financial community is heavily invested in a variety of cryptocurrencies.. not just Bitcoin.

more power to them,I am thinking of central banks

[phaz0rz]

As far as I know, the El Salvador central bank is the only one officially holding a bitcoin reserve. The US holds an assortment of forfeited cryptocurrencies outside of the central banking structure.


Central banks aren't really the financial community though, IMO.

[agent006140]

US treasury also holds bitcoins.
Yes,I remember El Salvador go all in on Bitcoin and gives each citizen some free Bitcoin to start,they guickly convert them to US $ and hardly use Bitcoin to purchase goods,
Stores do not advertise they accept Bitcoins.

[phaz0rz]

The treasury isn't part of the central bank

[agent006140]

Originally Posted by phaz0rz

The treasury isn't part of the central bank

never say it is.

[phaz0rz]

Ok.. fair point.


Do you think Bitcoin will hit 100k again by the end of the year?

[rsot]

Originally Posted by phaz0rz

Ok.. fair point.


Do you think Bitcoin will hit 100k again by the end of the year?

To whom are you asking this q?

[phaz0rz]

I mean, anyone is welcome to answer but I was just trying to redirect agent's flow.

[agent006140]

I dont know,I just follow it.(bitcoin)
I see silver is moving up again,it reached its high when it was $78/ounce,then dropped back down to $58 and now it is back in the $60s.

[rsot]

Originally Posted by phaz0rz

I mean, anyone is welcome to answer but I was just trying to redirect agent's flow.

Ah k - always kind of weary when she has no BTC holdings - no feet in the game as it were. Some ppl may not realize that.