1. #3921
    raiders72001
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    The price of everything is supply and demand. After a halving, the creation of bitcoins is cut in half and miner's rewards are cut in half. A bull run always occurs after halving. Many have been profitable using the same tools that they use in the stock market. Personally, I think that everything used for the stock market should be thrown in the garbage when predicting bitcoin prices. Halving and current news create bitcoin movement.

    This run didn't come close to the runs of 2013 and 2017. The price should have flown right by $60k. It looks like institutional money will change old patterns. Old patterns say that we should go under $10k. My hopes are that the bull runs and crashes won't be to the extent as they were in the past. Institutional money has changed the game and we hit the floor. This is one time that I'm unsure of what will happen. Gun to my head, we won't go under $25k ever again.
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  2. #3922
    Yulia74
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    hope miners dump more btc soon

  3. #3923
    MrSink
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    great buying pressure at 30s once again #bullish
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  4. #3924
    ace7550
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    Quote Originally Posted by raiders72001 View Post
    Agree. They want the yuan or digital yuan to be the world currency. China is currently messing with miners but not the exchanges. China will create short term movements with current news but long term, China alone cannot stop bitcoin or other cryptos. Miners in other countries will fill the void.
    Sharp post Raiders.The decline in BTC hashrate attests to this. The BTC hashrate is projected to be back at March 2020 levels at the next 14 day BTC recalibration. If China shuts down BTC mining there will be a ton of money to be made by miners outside China.
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  5. #3925
    ChuckyTheGoat
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    Props, Raiders. Always enjoy reading your thoughts.

    Are there one or two guys in the "Bitcoin media" that you go out of your way to follow?

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  6. #3926
    Arky
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    Quote Originally Posted by ace7550 View Post
    .........
    At this point there's just one question: Did we top out at 64k or is this just a big lull and we'll see new highs this year?
    Your guess is as good as mine. Crypto is crazy.
    Colin doesn't think it's over. He has no shortage of optimism and I think he's right (run time = 2:47):



    BTW, he's not spitting - it's raining....

  7. #3927
    raiders72001
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    Quote Originally Posted by ChuckyTheGoat View Post
    Props, Raiders. Always enjoy reading your thoughts.

    Are there one or two guys in the "Bitcoin media" that you go out of your way to follow?
    Youtuber Altcoin Daily. He's very bullish right now.

  8. #3928
    ChuckyTheGoat
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    Quote Originally Posted by raiders72001 View Post
    Youtuber Altcoin Daily. He's very bullish right now.
    Salud. Thanks, Raiders.

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  9. #3929
    navyblue81
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    Quote Originally Posted by raiders72001 View Post
    Youtuber Altcoin Daily. He's very bullish right now.
    I like crypto capital venture. He has some good videos on Cardano and btc. Makes a lot of great sense on things and is bullish on Cardano long term. Iím big on Cardano so I like listening to
    Him.

  10. #3930
    JoeCool20
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    Quote Originally Posted by raiders72001 View Post
    Agree. They want the yuan or digital yuan to be the world currency. China is currently messing with miners but not the exchanges. China will create short term movements with current news but long term, China alone cannot stop bitcoin or other cryptos. Miners in other countries will fill the void.
    This is exactly right. China wants that new "digital yuan" to take over the world, so they are sheitting all over BT-C.


    Just gotta hope people keep buying BT-C and other coins on the dips to keep above important support levels.

  11. #3931
    ace7550
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    Quote Originally Posted by Arky View Post
    Colin doesn't think it's over. He has no shortage of optimism and I think he's right (run time = 2:47):



    BTW, he's not spitting - it's raining....
    I love that it opens with an endorsement from Master P. Colin may be right. I hope he is. I'd be interested to hear where it would have to fall to for him to call this a bear market.
    My number is 25k. If it goes below that I think the fun may be over for a while. If not we may still have a chance to see some ATH's this year.

  12. #3932
    floki
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    I still remember the exact date of major bitcoin crashes

  13. #3933
    ChuckyTheGoat
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    Interested in tracking this El Salvador story.

    On Keiser Rpt, Max is reporting that:
    *El Salv housing prices rising
    *People flocking to El Salv
    *El Salv GDP rising

    I have yet to find news sources (other than Max) stating this. If true, it's a big deal. Because other countries will follow.

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  14. #3934
    ace7550
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    Quote Originally Posted by ChuckyTheGoat View Post
    Interested in tracking this El Salvador story.

    On Keiser Rpt, Max is reporting that:
    *El Salv housing prices rising
    *People flocking to El Salv
    *El Salv GDP rising

    I have yet to find news sources (other than Max) stating this. If true, it's a big deal. Because other countries will follow.
    Who's up for a surf trip to Bitcoin Beach?

    https://www.bloomberg.com/news/featu...in-el-salvador

  15. #3935
    ChuckyTheGoat
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    It could happen, Ace! Next SBR bash in El Salv?

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  16. #3936
    Optional
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    Quote Originally Posted by ace7550 View Post
    Who's up for a surf trip to Bitcoin Beach?

    https://www.bloomberg.com/news/featu...in-el-salvador
    Quote Originally Posted by ChuckyTheGoat View Post
    It could happen, Ace! Next SBR bash in El Salv?
    I like the idea.
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  17. #3937
    ace7550
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    Have any of you guys been to El Salvador?

  18. #3938
    floki
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    bought the dip 2 days ago, sold at 35, will keep buying dips or support and sell at resistance, alts I bought 2 days ago did better, better ROI

    btc needs ETF or one tweet from manipulator elon musk and this guy told him to fuk off at btc conf. which is alright

    Quote Originally Posted by ChuckyTheGoat View Post
    Interested in tracking this El Salvador story.

    On Keiser Rpt, Max is reporting that:
    *El Salv housing prices rising
    *People flocking to El Salv
    *El Salv GDP rising

    I have yet to find news sources (other than Max) stating this. If true, it's a big deal. Because other countries will follow.

  19. #3939
    trobin31
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    Quote Originally Posted by floki View Post
    bought the dip 2 days ago, sold at 35, will keep buying dips or support and sell at resistance, alts I bought 2 days ago did better, better ROI

    btc needs ETF or one tweet from manipulator elon musk and this guy told him to fuk off at btc conf. which is alright
    Max Keiser is a quack job

  20. #3940
    trobin31
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    Flip 37k and 43k should be easy upside target, we are still trading in the bottom of the pitchfork I posted last time, until we break out of that donít put any faith in a sustainable pump. The grayscale lock up is coming and once they can buy, plus assuming Canada, exchanges as well as institutional buying of GBTC and bitw, we cld break out by end of summer. Another concern would be Fed tapering, either Jackson hole in August or fomc meeting in September cld put pressure on btc price

  21. #3941
    Yulia74
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    floki is a pro


    Quote Originally Posted by floki View Post
    bought the dip 2 days ago, sold at 35, will keep buying dips or support and sell at resistance, alts I bought 2 days ago did better, better ROI

  22. #3942
    pimike
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    Looks like itís kind of stabilizing in the 30ís for now.


    I doubt we see 20ís as I earlier thought.


    Actually if it doesnít dip in the 20ís I think thatís good for Bitcoin.

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  23. #3943
    ChuckyTheGoat
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    Blockfi changing their Int rates and tiers in July:

    * Read the fine-print. Lower interest rates and/or lighter tiers.

    Bottom line, you can get less $$ into the top-tier. Credited at a lower rate w/ caps. It did sound too good to be true.

    Not complaining. Just reporting the news.

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  24. #3944
    hotcross
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    Quote Originally Posted by pimike View Post
    Looks like it’s kind of stabilizing in the 30’s for now.


    I doubt we see 20’s as I earlier thought.


    Actually if it doesn’t dip in the 20’s I think that’s good for Bitcoin.

    I'm here to tell you it will dip into the 20's

  25. #3945
    trobin31
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    Quote Originally Posted by hotcross View Post
    I'm here to tell you it will dip into the 20's
    It will dip, and post memes in 20s, maybe even dip itís toes in the teens

  26. #3946
    JIBBBY
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    Bitty has been stagnant and hovering around 32,000 all week.. Yawn!!

    Can't buy or sell right now. Just hold.

  27. #3947
    Yulia74
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    if there are any bulls out there with $$$ its time to buy some more

    tictoc

  28. #3948
    pimike
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    I think you guys are wrong.

    Itís not going to teens or 20ís

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  29. #3949
    floki
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    Quote Originally Posted by floki View Post
    be extra careful this week
    people ignore capital preservation until a long term downtrend comes around

  30. #3950
    pimike
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    Quote Originally Posted by floki View Post
    people ignore capital preservation until a long term downtrend comes around
    This week you posted it has stated solid in the 30 s

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  31. #3951
    Allure
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    Thinking of buying a good chunk of Doge. Had sold my coins just before it all dropped. I can't see Elon letting Doge and his investments go down the shitter. He will certainly continue with his Twitter BS. So Doge might be a good investment based on that alone? I honestly don't know what Doge promises or does, I mean it also doesn't really matter.

  32. #3952
    eddycash
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    Doge is trash because of it's never ending, infinite supply. Doesn't matter who backs it.

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  33. #3953
    Allure
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    Was thinking of buying Doge now and wait for Elon to make his tweets and then sell it again. Doge may still remain trash.

    Going to invest in somewhat serious Alt Coins. Thinking of ADA. Probably not gonna buy shit like Shiba Inu or Safemoon or however they're all called.

  34. #3954
    Sawyer
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    80-90k looks like an easy target for Bitcoin this year..
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  35. #3955
    pimike
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    Quote Originally Posted by Sawyer View Post
    80-90k looks like an easy target for Bitcoin this year..
    There is no reason to think this.

    Wishful thinking yes.

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