Do you think Bitcoin will ever lose value? It's been a hot commodity for 10 years but that was due to accessibility...now... you will barely be able to buy any soon š
Bitcoin
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it will dip by the end of april were around the 2 year mark of the last crash.
It never had any intrinsic value to begin with.
It's for gamblers only. Make sure you sell on a high and buy on a low, not the other way round š And don't forget to pay your taxes.
Also, bury in mind it is a Ponzi scheme. Eventually it will collapse and never recover when you least expect it, so don't get caught with your pants down.
The artificial manipulation we hear these days (reduce the number and shit) could be a sign it now needs even more bullshit than usual to keep it going for another day.
Also, bury in mind it is a Ponzi scheme. Eventually it will collapse and never recover when you least expect it, so don't get caught with your pants down.
The artificial manipulation we hear these days (reduce the number and shit) could be a sign it now needs even more bullshit than usual to keep it going for another day.
Posted by Undine
It never had any intrinsic value to begin with.
Are you kidding ā¦ people that bought it for a few cents years ago and held it are millionaires now
Some key points off the top of my head - All this is coming so you should strongly consider these things if you want to grow your money and retire early.
-If Bitcoin is bought at 25% of the rate it's being bought now, the price will $ 225,261 a year from now. It won't be bought at 25% , it'll much higher as it continues to pick up momentum. Bitcoin is up 250% from a year ago today. When i posted the price on the front page a few days ago, it was at $ 68k. It's 72k currently.
-It's one of the few assets that normal people were allowed to get into before corporations were. The Bitcoin ETF, which allowed huge corporate entities like Blackrock and Fidelity to get in, debuted 7 weeks ago. In that 7 weeks, Bitcoin passed what it took Gold to bring in in 2 years when the Gold ETF debuted. Blackrock is the top investment firm in the world with over 11 trillion in assets. Fidelity is #4.
-The Bitcoin Halving, normally the biggest event for price action, is on April 18th. What is that? Every 4 years, the amount of Bitcoin produced a day is cut in half. So right now, 900 Bitcoin are produced a day and on April 18th, it will be 450. For perspective, one entity was buying 1100 to 1200 Bitcoin a day. They found out that it was the Qatari government buying 3.1 billion worth of Bitcoin. The ETF's (Blackrock, Fidelity, and 9 other funds) are buying 10,000 a day themselves not counting other countries plus everyone else buying on their own. The U.K. today announced that they approved an ETF. Last week, China announced they will approve 10 ETFs. ETF's allow anyone associated with these investment firms to put a portion of their 401k's or wealth into Bitcoin without having to custody it themselves.
-Inflation: Due to the amount of money printing, the inflation of the currency is 7% . If you're not putting your money into something that is giving you more that 7% return, you are losing money and buying power - 70% over 10 years. There are very few things that meet this criteria - tech stocks if you know which ones to pick, real estate and land, and Bitcoin. The barrier for entry to real estate and land requires quite a bit capitol upfront to even get in. The U.S. debt is over 34 trillion and it's increasing 1 trillion every 100 days. Neither party has a plan for reducing it other than printing more money out of thin air. Inflation is worse in virtually every other country than the 7% of the U.S.
-Bitcoin is capped at 21 million total ever. You can buy up to 8 decimal points in Bitcoin. You can buy $ 5 worth. It's actually less than 21 million because it's reasoned that around 4 million are lost forever due to people losing their keys and passwords in the early days. There are 24 million millionaires in the U.S. alone so having just one Bitcoin in the future will more than enough to retire on.
-One of the biggest thing that happened in the last few years that barely anyone took notice of --the U.S. freezing billions in Russian assets. All the other countries were watching knowing that it could happen to them. Gold, for example, is cumbersome, confiscatable, and expensive to transfer. Gold is a store of value but doesn't appreciate. It's down 1% over the last 3 years.
In summation, this is one of the very few assets you can get into that will appreciate at an amazing rate due to its scarcity. Now that huge institutions and nation states are getting in, there's little time to stack what I believe is the best opportunity we'll ever have. If you're still trying to argue that it's a ponzi, fake money, or not as good as gold or anything else, you're about 3 years behind. It's akin to still being a climate change denier at this point.
-If Bitcoin is bought at 25% of the rate it's being bought now, the price will $ 225,261 a year from now. It won't be bought at 25% , it'll much higher as it continues to pick up momentum. Bitcoin is up 250% from a year ago today. When i posted the price on the front page a few days ago, it was at $ 68k. It's 72k currently.
-It's one of the few assets that normal people were allowed to get into before corporations were. The Bitcoin ETF, which allowed huge corporate entities like Blackrock and Fidelity to get in, debuted 7 weeks ago. In that 7 weeks, Bitcoin passed what it took Gold to bring in in 2 years when the Gold ETF debuted. Blackrock is the top investment firm in the world with over 11 trillion in assets. Fidelity is #4.
-The Bitcoin Halving, normally the biggest event for price action, is on April 18th. What is that? Every 4 years, the amount of Bitcoin produced a day is cut in half. So right now, 900 Bitcoin are produced a day and on April 18th, it will be 450. For perspective, one entity was buying 1100 to 1200 Bitcoin a day. They found out that it was the Qatari government buying 3.1 billion worth of Bitcoin. The ETF's (Blackrock, Fidelity, and 9 other funds) are buying 10,000 a day themselves not counting other countries plus everyone else buying on their own. The U.K. today announced that they approved an ETF. Last week, China announced they will approve 10 ETFs. ETF's allow anyone associated with these investment firms to put a portion of their 401k's or wealth into Bitcoin without having to custody it themselves.
-Inflation: Due to the amount of money printing, the inflation of the currency is 7% . If you're not putting your money into something that is giving you more that 7% return, you are losing money and buying power - 70% over 10 years. There are very few things that meet this criteria - tech stocks if you know which ones to pick, real estate and land, and Bitcoin. The barrier for entry to real estate and land requires quite a bit capitol upfront to even get in. The U.S. debt is over 34 trillion and it's increasing 1 trillion every 100 days. Neither party has a plan for reducing it other than printing more money out of thin air. Inflation is worse in virtually every other country than the 7% of the U.S.
-Bitcoin is capped at 21 million total ever. You can buy up to 8 decimal points in Bitcoin. You can buy $ 5 worth. It's actually less than 21 million because it's reasoned that around 4 million are lost forever due to people losing their keys and passwords in the early days. There are 24 million millionaires in the U.S. alone so having just one Bitcoin in the future will more than enough to retire on.
-One of the biggest thing that happened in the last few years that barely anyone took notice of --the U.S. freezing billions in Russian assets. All the other countries were watching knowing that it could happen to them. Gold, for example, is cumbersome, confiscatable, and expensive to transfer. Gold is a store of value but doesn't appreciate. It's down 1% over the last 3 years.
In summation, this is one of the very few assets you can get into that will appreciate at an amazing rate due to its scarcity. Now that huge institutions and nation states are getting in, there's little time to stack what I believe is the best opportunity we'll ever have. If you're still trying to argue that it's a ponzi, fake money, or not as good as gold or anything else, you're about 3 years behind. It's akin to still being a climate change denier at this point.
Posted by MyStarsShine
Are you kidding ā¦ people that bought it for a few cents years ago and held it are millionaires now
Maybe 10 people. Does not work that easy as you think. I bought it for $ 30, and people made fun of me. It's a vehicle to milk humans out of money. Every time it's peaking in a bubble there are threads on dxp about it. Go research old posts around last bubble. Same story. 99.999999% of you will lose.
As a matter of a fact almost every asset is peaking. We are at the last weeks before major deflation kills this stupidity, and crashes all these bubbles.
Btw, Michael Sailor is a manipulator. I remember him from the dot com era and what he did. He comes out at every top and manipulates people. In 2016 internet dead theory started, humans are manipulated through news/social media/etc to buy things and money is printed for them. They are all losing on all assets.
Posted by Undine
It's for gamblers only. Make sure you sell on a high and buy on a low, not the other way round And don't forget to pay your taxes.
Also, bury in mind it is a Ponzi scheme. Eventually it will collapse and never recover when you least expect it, so don't get caught with your pants down.
The artificial manipulation we hear these days (reduce the number and shit) could be a sign it now needs even more bullshit than usual to keep it going for another day.
I'll be here when you're wrong lol. The math doesn't favor you whatsoever.
Posted by Undine
It never had any intrinsic value to begin with.
Nothing has intrinsic value unless it's agreed upon. 100 Million new wallets added a year disagrees with you.
Posted by Weeds
it will dip by the end of april were around the 2 year mark of the last crash.
I expect a small dip around the halving when it approaches the psychological 100k barrier. This time is different in that institutional adoption is here along with nation states buying. https://fortune.com/crypto/2024/03/01/bitcoin-etfs-crypto-blackrock-fidelity-prices-high/
Posted by Saturn_Returns
That's all well and good but, unfortunately, not everyone has $ 72,000 or more at the back of their sofa.
That's why I pointed out you can buy up to 8 decimal points. 5 dollars or 10 dollars if you want. It's past the point where most people can buy one. It was 15,500 at the beginning of 2023 when people should have been researching it. That's what's funny about the Dunning-Kruger effect of some posters here. We're about 3 years past questioning its validity. What to do now? You don't need a whole Bitcoin. 10 percent of one will still be worth a lot going forward.
I bought some Bitcoin about 2-3 years ago, but I also sold it when SHIBAInu was trending and BC was down. I may have some Bitcoin left in my wallet, but since I moved to EU I canāt access my crypto wallet for some reason.
Itās not much at all, maybe couple of hundred š°
Unfortunately, I donāt have extra money to buy more. Otherwise I gladly would!
Itās not much at all, maybe couple of hundred š°
Unfortunately, I donāt have extra money to buy more. Otherwise I gladly would!
Posted by IReallyAteMyGrandmaInMonkeyTown
^ Don't listen. Caps are actually bad with money. They are only hard working.
I'm up 40k in the last two weeks. Don't worry, I'll keep you updated just to show you how clueless you are.
Posted by borednbeautiful
I bought some Bitcoin about 2-3 years ago, but I also sold it when SHIBAInu was trending and BC was down. I may have some Bitcoin left in my wallet, but since I moved to EU I canāt access my crypto wallet for some reason.
Itās not much at all, maybe couple of hundred š°
Unfortunately, I donāt have extra money to buy more. Otherwise I gladly would!
I have other stuff with a higher upside but I just decided to say Bitcoin because it's pretty much a sure thing now that the largest investment firms in the world are buying at a rapid rate. They call that 'smart money' as opposed to the musings of your average dxper lol. Shib will probably do well in the short term.
Posted by Nightcap-Posted by borednbeautiful
I bought some Bitcoin about 2-3 years ago, but I also sold it when SHIBAInu was trending and BC was down. I may have some Bitcoin left in my wallet, but since I moved to EU I canāt access my crypto wallet for some reason.
Itās not much at all, maybe couple of hundred š°
Unfortunately, I donāt have extra money to buy more. Otherwise I gladly would!
I have other stuff with a higher upside but I just decided to say Bitcoin because it's pretty much a sure thing now that the largest investment firms in the world are buying at a rapid rate. They call that 'smart money' as opposed to the musings of your average dxper lol. Shib will probably do well in the short term.click to expand
There is an astrologer on YouTube who I follow who has been talking about it since 2017-2018. She āwarnedā her viewers to invest, invest, invest. Of course, since Iām an idiot like most people, I didnāt pay enough attention. I didnāt do it.
I seriously could have made some serious money in all these years. I am afraid itās too late now.
https://ibb.co/fGXnkc5
Maybe pictures will be easier for some. This is the amount of Bitcoin ( $ 110 Billion) bought by Blackrock, Fidelity, ArkInvest, Bitwise, Franklin Templeton, Invesco, VanEck, Valkyrie, Wisdom Tree, and Hashdex on behalf of their clients in the last 2 months since the SEC approved the ETF on January 11th.
Maybe pictures will be easier for some. This is the amount of Bitcoin ( $ 110 Billion) bought by Blackrock, Fidelity, ArkInvest, Bitwise, Franklin Templeton, Invesco, VanEck, Valkyrie, Wisdom Tree, and Hashdex on behalf of their clients in the last 2 months since the SEC approved the ETF on January 11th.
Posted by borednbeautifulPosted by Nightcap-Posted by borednbeautiful
I bought some Bitcoin about 2-3 years ago, but I also sold it when SHIBAInu was trending and BC was down. I may have some Bitcoin left in my wallet, but since I moved to EU I canāt access my crypto wallet for some reason.
Itās not much at all, maybe couple of hundred š°
Unfortunately, I donāt have extra money to buy more. Otherwise I gladly would!
I have other stuff with a higher upside but I just decided to say Bitcoin because it's pretty much a sure thing now that the largest investment firms in the world are buying at a rapid rate. They call that 'smart money' as opposed to the musings of your average dxper lol. Shib will probably do well in the short term.
There is an astrologer on YouTube who I follow who has been talking about it since 2017-2018. She āwarnedā her viewers to invest, invest, invest. Of course, since Iām an idiot like most people, I didnāt pay enough attention. I didnāt do it.
I seriously could have made some serious money in all these years. I am afraid itās too late now.click to expand
It's still kinda early in some respects. I think a conservative estimate for Bitcoin is 150 to 250k by next year. There's almost no place to put your money without it inflating away so investing in scarce assets is the only way to go. All countries printed massive amounts of money at the start of Co-vid so the prices on things like rent and groceries have skyrocketed. Wages haven't kept up. Trying to help people here but it looks it's falling on deaf ears lol. Mystarshine gets it. Things are just starting to really take off so this next year is going to be really exciting.
It will used by large entities to move value between themselves. Similar to currency. I imagine it will be used to circumvent taxes from these purchases and sells. Because it will be treated as stock rather then currency even though it will be used as a currency.
Which means they will work to maintain it's high value out of self interest.
Does this answer your question?
Which means they will work to maintain it's high value out of self interest.
Does this answer your question?
Posted by Nightcap-Posted by borednbeautifulPosted by Nightcap-Posted by borednbeautifulI have other stuff with a higher upside but I just decided to say Bitcoin because it's pretty much a sure thing now that the largest investment firms in the world are buying at a rapid rate. They call that 'smart money' as opposed to the musings of your average dxper lol. Shib will probably do well in the short term.
I bought some Bitcoin about 2-3 years ago, but I also sold it when SHIBAInu was trending and BC was down. I may have some Bitcoin left in my wallet, but since I moved to EU I canāt access my crypto wallet for some reason.
Itās not much at all, maybe couple of hundred š°
Unfortunately, I donāt have extra money to buy more. Otherwise I gladly would!
There is an astrologer on YouTube who I follow who has been talking about it since 2017-2018. She āwarnedā her viewers to invest, invest, invest. Of course, since Iām an idiot like most people, I didnāt pay enough attention. I didnāt do it.
I seriously could have made some serious money in all these years. I am afraid itās too late now.
click to expand
It's still kinda early in some respects. I think a conservative estimate for Bitcoin is 150 to 250k by next year. There's almost no place to put your money without it inflating away so investing in scarce assets is the only way to go. All countries printed massive amounts of money at the start of Co-vid so the prices on things like rent and groceries have skyrocketed. Wages haven't kept up. Trying to help people here but it looks it's falling on deaf ears lol. Mystarshine gets it. Things are just starting to really take off so this next year is going to be really exciting.click to expand
It seems people would rather be cynical
for some reason.
I made a lot of money in a month, enough to buy a piece of land and Iām going to start another trade this week. Seems a good time to jump in. Whatās life without a gamble?
You donāt have to buy a whole coin to trade lol.
You can invest 500-1000 and make a lot of profit.
You can invest 500-1000 and make a lot of profit.
Posted by MyStarsShinePosted by Nightcap-Posted by borednbeautifulPosted by Nightcap-Posted by borednbeautifulI have other stuff with a higher upside but I just decided to say Bitcoin because it's pretty much a sure thing now that the largest investment firms in the world are buying at a rapid rate. They call that 'smart money' as opposed to the musings of your average dxper lol. Shib will probably do well in the short term.
I bought some Bitcoin about 2-3 years ago, but I also sold it when SHIBAInu was trending and BC was down. I may have some Bitcoin left in my wallet, but since I moved to EU I canāt access my crypto wallet for some reason.
Itās not much at all, maybe couple of hundred š°
Unfortunately, I donāt have extra money to buy more. Otherwise I gladly would!
There is an astrologer on YouTube who I follow who has been talking about it since 2017-2018. She āwarnedā her viewers to invest, invest, invest. Of course, since Iām an idiot like most people, I didnāt pay enough attention. I didnāt do it.
I seriously could have made some serious money in all these years. I am afraid itās too late now.
click to expand
It's still kinda early in some respects. I think a conservative estimate for Bitcoin is 150 to 250k by next year. There's almost no place to put your money without it inflating away so investing in scarce assets is the only way to go. All countries printed massive amounts of money at the start of Co-vid so the prices on things like rent and groceries have skyrocketed. Wages haven't kept up. Trying to help people here but it looks it's falling on deaf ears lol. Mystarshine gets it. Things are just starting to really take off so this next year is going to be really exciting.
It seems people would rather be cynical
for some reason.
I made a lot of money in a month, enough to buy a piece of land and Iām going to start another trade this week. Seems a good time to jump in. Whatās life without a gamble?click to expand
Couple of reasons - They don't understand it and people are resistant to change because they feel it's an attack on the identity they've chosen. They would have to reconfigure themselves based on the new information and that's too much to ask for most. You notice I gave information and most of the critiques were nonsensical brainwashed boomer narratives that rely on outdated thinking..with no actual data to support it. Repetition of false narratives is why we have so many Trump supporters. After institutions flooded in on January 11th, I have a hard time seeing it as a gamble. Adoption rate year-over-year is in the tens of millions. It's happening faster in countries like Argentina. Turkey, and Vietnam than here because their currencies are inflating in the double digits year over year. Also, there's the fear that they didn't get in early enough/are wrong and people that are in their same socio-economic class will leave them in the dust..which is what's going to happen.
Posted by Nightcap-Posted by MyStarsShinePosted by Nightcap-Posted by borednbeautifulIt's still kinda early in some respects. I think a conservative estimate for Bitcoin is 150 to 250k by next year. There's almost no place to put your money without it inflating away so investing in scarce assets is the only way to go. All countries printed massive amounts of money at the start of Co-vid so the prices on things like rent and groceries have skyrocketed. Wages haven't kept up. Trying to help people here but it looks it's falling on deaf ears lol. Mystarshine gets it. Things are just starting to really take off so this next year is going to be really exciting.Posted by Nightcap-Posted by borednbeautifulI have other stuff with a higher upside but I just decided to say Bitcoin because it's pretty much a sure thing now that the largest investment firms in the world are buying at a rapid rate. They call that 'smart money' as opposed to the musings of your average dxper lol. Shib will probably do well in the short term.
I bought some Bitcoin about 2-3 years ago, but I also sold it when SHIBAInu was trending and BC was down. I may have some Bitcoin left in my wallet, but since I moved to EU I canāt access my crypto wallet for some reason.
Itās not much at all, maybe couple of hundred š°
Unfortunately, I donāt have extra money to buy more. Otherwise I gladly would!
There is an astrologer on YouTube who I follow who has been talking about it since 2017-2018. She āwarnedā her viewers to invest, invest, invest. Of course, since Iām an idiot like most people, I didnāt pay enough attention. I didnāt do it.
I seriously could have made some serious money in all these years. I am afraid itās too late now.
click to expand
It seems people would rather be cynical
for some reason.
I made a lot of money in a month, enough to buy a piece of land and Iām going to start another trade this week. Seems a good time to jump in. Whatās life without a gamble?
click to expand
Couple of reasons - They don't understand it and people are resistant to change because they feel it's an attack on the identity they've chosen. They would have to reconfigure themselves based on the new information and that's too much to ask for most. You notice I gave information and most of the critiques were nonsensical brainwashed boomer narratives that rely on outdated thinking..with no actual data to support it. Repetition of false narratives is why we have so many Trump supporters. After institutions flooded in on January 11th, I have a hard time seeing it as a gamble. Adoption rate year-over-year is in the tens of millions. It's happening faster in countries like Argentina. Turkey, and Vietnam than here because their currencies are inflating in the double digits year over year. Also, there's the fear that they didn't get in early enough/are wrong and people that are in their same socio-economic class will leave them in the dust..which is what's going to happen.click to expand
Ignorance isnāt always bliss if it means losing out.
I think itās crazy not to listen to your advice, itās obvious youāre successful and know your stuff and youāre a Capricorn
Posted by MyStarsShinePosted by Nightcap-Posted by MyStarsShinePosted by Nightcap-Posted by borednbeautifulIt's still kinda early in some respects. I think a conservative estimate for Bitcoin is 150 to 250k by next year. There's almost no place to put your money without it inflating away so investing in scarce assets is the only way to go. All countries printed massive amounts of money at the start of Co-vid so the prices on things like rent and groceries have skyrocketed. Wages haven't kept up. Trying to help people here but it looks it's falling on deaf ears lol. Mystarshine gets it. Things are just starting to really take off so this next year is going to be really exciting.Posted by Nightcap-Posted by borednbeautifulI have other stuff with a higher upside but I just decided to say Bitcoin because it's pretty much a sure thing now that the largest investment firms in the world are buying at a rapid rate. They call that 'smart money' as opposed to the musings of your average dxper lol. Shib will probably do well in the short term.
I bought some Bitcoin about 2-3 years ago, but I also sold it when SHIBAInu was trending and BC was down. I may have some Bitcoin left in my wallet, but since I moved to EU I canāt access my crypto wallet for some reason.
Itās not much at all, maybe couple of hundred š°
Unfortunately, I donāt have extra money to buy more. Otherwise I gladly would!
There is an astrologer on YouTube who I follow who has been talking about it since 2017-2018. She āwarnedā her viewers to invest, invest, invest. Of course, since Iām an idiot like most people, I didnāt pay enough attention. I didnāt do it.
I seriously could have made some serious money in all these years. I am afraid itās too late now.
click to expand
It seems people would rather be cynical
for some reason.
I made a lot of money in a month, enough to buy a piece of land and Iām going to start another trade this week. Seems a good time to jump in. Whatās life without a gamble?
click to expand
Couple of reasons - They don't understand it and people are resistant to change because they feel it's an attack on the identity they've chosen. They would have to reconfigure themselves based on the new information and that's too much to ask for most. You notice I gave information and most of the critiques were nonsensical brainwashed boomer narratives that rely on outdated thinking..with no actual data to support it. Repetition of false narratives is why we have so many Trump supporters. After institutions flooded in on January 11th, I have a hard time seeing it as a gamble. Adoption rate year-over-year is in the tens of millions. It's happening faster in countries like Argentina. Turkey, and Vietnam than here because their currencies are inflating in the double digits year over year. Also, there's the fear that they didn't get in early enough/are wrong and people that are in their same socio-economic class will leave them in the dust..which is what's going to happen.
Ignorance isnāt always bliss if it means losing out.
I think itās crazy not to listen to your advice, itās obvious youāre successful and know your stuff and youāre a Capricornclick to expand
I'm not trying to give advice as much as provide info on something I think can really benefit people looking to get out of their 9 to 5 rat race lives. These opportunities don't come around that often. I have a lot of Aqua so not a typical Cap. I like the combination of out of the box/future forward thinking (5 Aqua placements) combined with work ethic (Cap) and drive (Aries moon). It allows me to conceptualize and then actualize. I have prominent Sag Mars so the real plan is to quit working next year, travel extensively, and live off the interest of these investments while being an entrepreneur and philanthropist. It's a tall order but I didn't expect us to be where we are now until later this year.
Posted by IReallyAteMyGrandmaInMonkeyTownPosted by MyStarsShine
Are you kidding ā¦ people that bought it for a few cents years ago and held it are millionaires now
Maybe 10 people. Does not work that easy as you think. I bought it for $ 30, and people made fun of me. It's a vehicle to milk humans out of money. Every time it's peaking in a bubble there are threads on dxp about it. Go research old posts around last bubble. Same story. 99.999999% of you will lose.
As a matter of a fact almost every asset is peaking. We are at the last weeks before major deflation kills this stupidity, and crashes all these bubbles.
Btw, Michael Sailor is a manipulator. I remember him from the dot com era and what he did. He comes out at every top and manipulates people. In 2016 internet dead theory started, humans are manipulated through news/social media/etc to buy things and money is printed for them. They are all losing on all assets.
click to expand
More than 10
88,200 crypto millionaires
For immediate release: Tuesday 05 September 2023. There are 88,200 crypto millionaires worldwide, with just under half (40,500) holding their fortunes in Bitcoin, according to the inaugural Crypto Wealth Report published by leading international wealth and investment migration specialists Henley & Partners
Posted by Nightcap-Posted by MyStarsShinePosted by Nightcap-Posted by MyStarsShineCouple of reasons - They don't understand it and people are resistant to change because they feel it's an attack on the identity they've chosen. They would have to reconfigure themselves based on the new information and that's too much to ask for most. You notice I gave information and most of the critiques were nonsensical brainwashed boomer narratives that rely on outdated thinking..with no actual data to support it. Repetition of false narratives is why we have so many Trump supporters. After institutions flooded in on January 11th, I have a hard time seeing it as a gamble. Adoption rate year-over-year is in the tens of millions. It's happening faster in countries like Argentina. Turkey, and Vietnam than here because their currencies are inflating in the double digits year over year. Also, there's the fear that they didn't get in early enough/are wrong and people that are in their same socio-economic class will leave them in the dust..which is what's going to happen.Posted by Nightcap-Posted by borednbeautifulIt's still kinda early in some respects. I think a conservative estimate for Bitcoin is 150 to 250k by next year. There's almost no place to put your money without it inflating away so investing in scarce assets is the only way to go. All countries printed massive amounts of money at the start of Co-vid so the prices on things like rent and groceries have skyrocketed. Wages haven't kept up. Trying to help people here but it looks it's falling on deaf ears lol. Mystarshine gets it. Things are just starting to really take off so this next year is going to be really exciting.Posted by Nightcap-Posted by borednbeautifulI have other stuff with a higher upside but I just decided to say Bitcoin because it's pretty much a sure thing now that the largest investment firms in the world are buying at a rapid rate. They call that 'smart money' as opposed to the musings of your average dxper lol. Shib will probably do well in the short term.
I bought some Bitcoin about 2-3 years ago, but I also sold it when SHIBAInu was trending and BC was down. I may have some Bitcoin left in my wallet, but since I moved to EU I canāt access my crypto wallet for some reason.
Itās not much at all, maybe couple of hundred š°
Unfortunately, I donāt have extra money to buy more. Otherwise I gladly would!
There is an astrologer on YouTube who I follow who has been talking about it since 2017-2018. She āwarnedā her viewers to invest, invest, invest. Of course, since Iām an idiot like most people, I didnāt pay enough attention. I didnāt do it.
I seriously could have made some serious money in all these years. I am afraid itās too late now.
click to expand
It seems people would rather be cynical
for some reason.
I made a lot of money in a month, enough to buy a piece of land and Iām going to start another trade this week. Seems a good time to jump in. Whatās life without a gamble?
click to expand
Ignorance isnāt always bliss if it means losing out.
I think itās crazy not to listen to your advice, itās obvious youāre successful and know your stuff and youāre a Capricorn
click to expand
I'm not trying to give advice as much as provide info on something I think can really benefit people looking to get out of their 9 to 5 rat race lives. These opportunities don't come around that often. I have a lot of Aqua so not a typical Cap. I like the combination of out of the box/future forward thinking (5 Aqua placements) combined with work ethic (Cap) and drive (Aries moon). It allows me to conceptualize and then actualize. I have prominent Sag Mars so the real plan is to quit working next year, travel extensively, and live off the interest of these investments while being an entrepreneur and philanthropist. It's a tall order but I didn't expect us to be where we are now until later this year.
click to expand
Not too much of a tall order for you
Iāve no doubt youāll pull it offā¦.
Posted by MyStarsShine
More than 10
88,200 crypto millionaires
On Paper.
Scorpios are dangerous with money, no one should trust them.
I was once a "dot com" millionaire in 2000 as well. I even wrote many trading algos for number 2 investment bank back in around 2004. I'm a Cancer, I see through everyone's game, do you think I will get suckered in at the top? The Western world is weeks from a total collapse and I will buy some digital numbers on the screen because people said so? I'm not that stupid.
They are all unloading onto you behind the scenes.
Posted by IReallyAteMyGrandmaInMonkeyTownPosted by MyStarsShine
More than 10
88,200 crypto millionaires
On Paper.
Scorpios are dangerous with money, no one should trust them.
I was once a "dot com" millionaire in 2000 as well. I even wrote many trading algos for number 2 investment bank back in around 2004. I'm a Cancer, I see through everyone's game, do you think I will get suckered in at the top? The Western world is weeks from a total collapse and I will buy some digital numbers on the screen because people said so? I'm not that stupid.
They are all unloading onto you behind the scenes.
click to expand
What is a total collapse to you?
Posted by Solo
What is a total collapse to you?
Fake asset prices collapse. Everything deflates no matter what banks do. Every one on leverage becomes insolvent. Housing pulls back to 2011 levels adjusted for inflation. Cinderalla (read scam) stocks go back 90% , crypto crashes, gold crashes. We stop borrowing money. Rates go back up. No more over consumption. And 1% loses like 50% of stuff and the 99% of people gain like 20% on the 1% . Reset. That is always the case since Babylon.
America gets major wake up call and someone shows up and finally stops the expansion of credit and consumption, and we finally go to work. Happened during Long Depression. 1911. 1929. Late 1960s. DOT COM, 2008. This time is no different no matter what you hear. We are days away from a crash. All banks are insolvent the second asset prices dip 10% . Only reason they are standing is from fake money printing. Their bond trades alone make them insolvent.
Balance sheets in a debt environment only work on the way up, and everyone is insolvent on the way down. Nature of leverage. FIAT monetary system is not build for deflation. It only likes inflation unless you overdue it like now, then 1 world event and everyone goes bust.
Posted by IReallyAteMyGrandmaInMonkeyTownPosted by MyStarsShine
More than 10
88,200 crypto millionaires
On Paper.
Scorpios are dangerous with money, no one should trust them.
I was once a "dot com" millionaire in 2000 as well. I even wrote many trading algos for number 2 investment bank back in around 2004. I'm a Cancer, I see through everyone's game, do you think I will get suckered in at the top? The Western world is weeks from a total collapse and I will buy some digital numbers on the screen because people said so? I'm not that stupid.
They are all unloading onto you behind the scenes.
click to expand
Lol
No one should trust Scorpios? Every single Scorpio sun in this the world hey? Yes we are all very dangerous šš
You should be a millionaire by nowā¦.didnt anyone tell you that Crypto can be sold for ārealā money? If you bought Bitcoin for 30 quid, you had the potential to be really rich now. Didnāt you read what Nightcap wrote, that he was up 28k in a week? That could be youā¦..I donāt think thatās stupid? Itās prudent and good business sense. Listen to the Capricorn he has keen financial acumen as does my Capricorn account manager.
Itās not too late to investā¦.
Posted by MyStarsShine
No one should trust Scorpios? Every single Scorpio sun in this the world hey? Yes we are all very dangerous šš
You should be a millionaire by nowā¦.didnt anyone tell you that Crypto can be sold for ārealā money? If you bought Bitcoin for 30 quid, you had the potential to be really rich now. Didnāt you read what Nightcap wrote, that he was up 28k in a week? That could be youā¦..I donāt think thatās stupid? Itās prudent and good business sense. Listen to the Capricorn he has keen financial acumen as does my Capricorn account manager.
Itās not too late to investā¦.
You don't understand money, and you really don't understand trading. You have black and white personality hence you assumed if I bought for $ 30 I would hold it till $ 70,000. Almost no one did that except on the news. Those are manipulators. I sold at $ 500. More than enough for me to have more than necessary. Besides the best things in life cost me $ 0.
Is it stupid? Yes. How come Nightcap did not buy before the general population learned about it? You really believe some imaginary number calculation is a "bull" market? Those are pumps and dumps orchestrated using fake USDT counter fitting sucking in general population. At the very end of those pumps people "are up" 28k in one week until they are not. Game as old as the oldest books on the planet.
Don't feel lonely. I made my brother 6 million in this "bull run" but he won't sell. He will eventually make $ 0. Greed overtakes humans and hence 99% can't be traders.
The fact we are talking about Bitcoin "investments" on Zodiac forum is all you need to know.
Posted by IReallyAteMyGrandmaInMonkeyTownPosted by MyStarsShine
No one should trust Scorpios? Every single Scorpio sun in this the world hey? Yes we are all very dangerous šš
You should be a millionaire by nowā¦.didnt anyone tell you that Crypto can be sold for ārealā money? If you bought Bitcoin for 30 quid, you had the potential to be really rich now. Didnāt you read what Nightcap wrote, that he was up 28k in a week? That could be youā¦..I donāt think thatās stupid? Itās prudent and good business sense. Listen to the Capricorn he has keen financial acumen as does my Capricorn account manager.
Itās not too late to investā¦.
You don't understand money, and you really don't understand trading. You have black and white personality hence you assumed if I bought for $ 30 I would hold it till $ 70,000. Almost no one did that except on the news. Those are manipulators. I sold at $ 500. More than enough for me to have more than necessary. Besides the best things in life cost me $ 0.
Is it stupid? Yes. How come Nightcap did not buy before the general population learned about it? You really believe some imaginary number calculation is a "bull" market? Those are pumps and dumps orchestrated using fake USDT counter fitting sucking in general population. At the very end of those pumps people "are up" 28k in one week until they are not. Game as old as the oldest books on the planet.
Don't feel lonely. I made my brother 6 million in this "bull run" but he won't sell. He will eventually make $ 0. Greed overtakes humans and hence 99% can't be traders.
The fact we are talking about Bitcoin "investments" on Zodiac forum is all you need to know.
click to expand
No I donāt fundamentally so thatās why I employ a skilled trader ā¦. Sheās a Capricorn toošš. Iām more than happy that those skills will allow me to get out of an insecure renting market and into buying me some security of a home which I can leave to our son one day. For me itās not greed but a matter of survival.
Iām happy to see other people winning in life ā¦ Itās never something Iāve felt envious of, more a source of inspiration
Yeah just the same as the Furr trade lasted 250 years and the richest man in America was a beaver Furr trader. Of course BTC will lose its value.
Posted by MyStarsShinePosted by Nightcap-Posted by borednbeautifulIt's still kinda early in some respects. I think a conservative estimate for Bitcoin is 150 to 250k by next year. There's almost no place to put your money without it inflating away so investing in scarce assets is the only way to go. All countries printed massive amounts of money at the start of Co-vid so the prices on things like rent and groceries have skyrocketed. Wages haven't kept up. Trying to help people here but it looks it's falling on deaf ears lol. Mystarshine gets it. Things are just starting to really take off so this next year is going to be really exciting.Posted by Nightcap-Posted by borednbeautifulI have other stuff with a higher upside but I just decided to say Bitcoin because it's pretty much a sure thing now that the largest investment firms in the world are buying at a rapid rate. They call that 'smart money' as opposed to the musings of your average dxper lol. Shib will probably do well in the short term.
I bought some Bitcoin about 2-3 years ago, but I also sold it when SHIBAInu was trending and BC was down. I may have some Bitcoin left in my wallet, but since I moved to EU I canāt access my crypto wallet for some reason.
Itās not much at all, maybe couple of hundred š°
Unfortunately, I donāt have extra money to buy more. Otherwise I gladly would!
There is an astrologer on YouTube who I follow who has been talking about it since 2017-2018. She āwarnedā her viewers to invest, invest, invest. Of course, since Iām an idiot like most people, I didnāt pay enough attention. I didnāt do it.
I seriously could have made some serious money in all these years. I am afraid itās too late now.
click to expand
click to expand
It seems people would rather be cynical
for some reason.
I made a lot of money in a month, enough to buy a piece of land and Iām going to start another trade this week. Seems a good time to jump in. Whatās life without a gamble?click to expand
Did you cash out entirely? Like it's in your bank now and you're gonna pay taxes on it?
I also got to know how much you both put in to be up all that money in a week?
Bitcoin investors are so funny. All noise when it goes up and oh so quiet when it crashes š¤£ I have btc too so not hating but lets not pretend that 99% of us have ANY clue about it apart from hoping it goes to the moon. Watching random yt videos where they promise it will hit a milly is not research lol. They were all saying it would hit 6figs in 2021 b4 it proceeded to crash
I actually spend my btc tho sometimes. I did my grocery shopping with it recently lol, so saying it has no intrinsic value is very wrong. I mean it has as much intrinsic value as a lump of yellow metal or a piece of paper with pictures on or a number in a banks computers
It will lose value if governments shut it down.. because most people have btc in custodial wallets and arent actually looking to spend bitcoin just convert it to fiat. So if they ban that process then the value would plummet massively imo
I actually spend my btc tho sometimes. I did my grocery shopping with it recently lol, so saying it has no intrinsic value is very wrong. I mean it has as much intrinsic value as a lump of yellow metal or a piece of paper with pictures on or a number in a banks computers
It will lose value if governments shut it down.. because most people have btc in custodial wallets and arent actually looking to spend bitcoin just convert it to fiat. So if they ban that process then the value would plummet massively imo
Posted by Walk_on_byPosted by MyStarsShinePosted by Nightcap-Posted by borednbeautifulIt's still kinda early in some respects. I think a conservative estimate for Bitcoin is 150 to 250k by next year. There's almost no place to put your money without it inflating away so investing in scarce assets is the only way to go. All countries printed massive amounts of money at the start of Co-vid so the prices on things like rent and groceries have skyrocketed. Wages haven't kept up. Trying to help people here but it looks it's falling on deaf ears lol. Mystarshine gets it. Things are just starting to really take off so this next year is going to be really exciting.Posted by Nightcap-Posted by borednbeautifulI have other stuff with a higher upside but I just decided to say Bitcoin because it's pretty much a sure thing now that the largest investment firms in the world are buying at a rapid rate. They call that 'smart money' as opposed to the musings of your average dxper lol. Shib will probably do well in the short term.
I bought some Bitcoin about 2-3 years ago, but I also sold it when SHIBAInu was trending and BC was down. I may have some Bitcoin left in my wallet, but since I moved to EU I canāt access my crypto wallet for some reason.
Itās not much at all, maybe couple of hundred š°
Unfortunately, I donāt have extra money to buy more. Otherwise I gladly would!
There is an astrologer on YouTube who I follow who has been talking about it since 2017-2018. She āwarnedā her viewers to invest, invest, invest. Of course, since Iām an idiot like most people, I didnāt pay enough attention. I didnāt do it.
I seriously could have made some serious money in all these years. I am afraid itās too late now.
click to expand
click to expand
It seems people would rather be cynical
for some reason.
I made a lot of money in a month, enough to buy a piece of land and Iām going to start another trade this week. Seems a good time to jump in. Whatās life without a gamble?
Did you cash out entirely? Like it's in your bank now and you're gonna pay taxes on it?click to expand
Yes exactly .. my trade manager does weekly trades and then itās transferred to the bank
so itās like a taxable salary .
Posted by IReallyAteMyGrandmaInMonkeyTownPosted by MyStarsShine
No one should trust Scorpios? Every single Scorpio sun in this the world hey? Yes we are all very dangerous šš
You should be a millionaire by nowā¦.didnt anyone tell you that Crypto can be sold for ārealā money? If you bought Bitcoin for 30 quid, you had the potential to be really rich now. Didnāt you read what Nightcap wrote, that he was up 28k in a week? That could be youā¦..I donāt think thatās stupid? Itās prudent and good business sense. Listen to the Capricorn he has keen financial acumen as does my Capricorn account manager.
Itās not too late to investā¦.
You don't understand money, and you really don't understand trading. You have black and white personality hence you assumed if I bought for $ 30 I would hold it till $ 70,000. Almost no one did that except on the news. Those are manipulators. I sold at $ 500. More than enough for me to have more than necessary. Besides the best things in life cost me $ 0.
Is it stupid? Yes. How come Nightcap did not buy before the general population learned about it? You really believe some imaginary number calculation is a "bull" market? Those are pumps and dumps orchestrated using fake USDT counter fitting sucking in general population. At the very end of those pumps people "are up" 28k in one week until they are not. Game as old as the oldest books on the planet.
Don't feel lonely. I made my brother 6 million in this "bull run" but he won't sell. He will eventually make $ 0. Greed overtakes humans and hence 99% can't be traders.
The fact we are talking about Bitcoin "investments" on Zodiac forum is all you need to know.
click to expand
I got in in 2021. You haven't been paying attention if you can't see that the supply is being bought up many times faster than it can be replenished. Your opinion may have had some weight before the SEC approved the ETF on Jan. 11 which allowed the likes of Blackrock and Fidelity to get in. India just announced they're in today with their own ETF and U.K. yesterday. It's pretty simple logic and math based on the amount that's being bought versus what's being sold.
Posted by Walk_on_by
I also got to know how much you both put in to be up all that money in a week?
110k. Institutional money flooding in is what's different this time on a scarce, decentralized asset that no one controls that can't be corrupted. Why do you think the world's largest asset manager (Blackrock) and the world's 4th largest asset manager (Fidelity) are buying hundreds of millions a day? I can tell who's researched this and who hasn't. It passed the entire market value of silver in the last week to move into #8 in global assets behind entities such Gold, Google, Nvidia, and Saudi Aramco..and it's gaining on them fast. Market cap is currently 1.411 TRILLION. So it's not some risky dink thing that's going away comparable to anything in the past.
Posted by borednbeautiful
I bought some Bitcoin about 2-3 years ago, but I also sold it when SHIBAInu was trending and BC was down. I may have some Bitcoin left in my wallet, but since I moved to EU I canāt access my crypto wallet for some reason.
Itās not much at all, maybe couple of hundred š°
Unfortunately, I donāt have extra money to buy more. Otherwise I gladly would!
you're probably talking about an exchange wallet like binance or something else.
which is not your real wallet the crypto is not yours until you have an adress on the blockshain and the keys to it. It's a bit complex but this money that you have on exchanges are not yours and can disappear overnight.
You should find a way to access this bitcoin and withdraw it to your own wallet, because any amount of bitcoin will become very precious in the future.
The EU shithole is turning into a dictatorship and it will not last long, but might still be around for a couple decades, any off-grid solutions you can have are to be taken
Posted by Generosa
I don't know
Anything that goes up that high and that fast will end up falling down at the same pace,
Are real rich people investing in Bitcoin?
They all are. That's what's driving the price. Retail investors like us can't get it to these heights. The largest investment firms in the world are buying like crazy. The main draw is that it's a scarce asset with limited supply (21 million ever). It's decentralized so no one controls it. It's one of the few things that's not inflating away with all the money printing --> 1 trillion added to the debt every 100 days that will never be paid back. Unless you have a couple hundred thousand laying around to buy land or real estate (which requires upkeep as well), there's not much you can buy that beats the 7% rate of inflation. Because of this, people are buying gold because it's what they know. Gold is a store of value but doesn't appreciate when adjusted for inflation. Bitcoin is up 250% in the last year and will continue to go up as institutions keep buying daily.
Posted by hydorahPosted by borednbeautiful
I bought some Bitcoin about 2-3 years ago, but I also sold it when SHIBAInu was trending and BC was down. I may have some Bitcoin left in my wallet, but since I moved to EU I canāt access my crypto wallet for some reason.
Itās not much at all, maybe couple of hundred š°
Unfortunately, I donāt have extra money to buy more. Otherwise I gladly would!
you're probably talking about an exchange wallet like binance or something else.
which is not your real wallet the crypto is not yours until you have an adress on the blockshain and the keys to it. It's a bit complex but this money that you have on exchanges are not yours and can disappear overnight.
You should find a way to access this bitcoin and withdraw it to your own wallet, because any amount of bitcoin will become very precious in the future.
The EU shithole is turning into a dictatorship and it will not last long, but might still be around for a couple decades, any off-grid solutions you can have are to be takenclick to expand
My Bitcoin is in something called Coinbase. Itās an app, but itās been a while since I used it. Now they want to confirm my identity and such. I need to see if I can verify it with my ID and then see what I can do with this Bitcoin. Itās not that much, but still. Maybe I should sell it and transfer to my bank account.
And I agree that EU is turning into a fascist dictatorship .
Posted by Nightcap-Posted by Saturn_Returns
That's all well and good but, unfortunately, not everyone has $ 72,000 or more at the back of their sofa.
That's why I pointed out you can buy up to 8 decimal points. 5 dollars or 10 dollars if you want. It's past the point where most people can buy one. It was 15,500 at the beginning of 2023 when people should have been researching it. That's what's funny about the Dunning-Kruger effect of some posters here. We're about 3 years past questioning its validity. What to do now? You don't need a whole Bitcoin. 10 percent of one will still be worth a lot going forward.click to expand
I bought some at 15k, but not much, like 800 euros. I knew it could only go up, but it's very difficult to buy crypto from the EU
Posted by borednbeautifulPosted by hydorahPosted by borednbeautiful
I bought some Bitcoin about 2-3 years ago, but I also sold it when SHIBAInu was trending and BC was down. I may have some Bitcoin left in my wallet, but since I moved to EU I canāt access my crypto wallet for some reason.
Itās not much at all, maybe couple of hundred š°
Unfortunately, I donāt have extra money to buy more. Otherwise I gladly would!
you're probably talking about an exchange wallet like binance or something else.
which is not your real wallet the crypto is not yours until you have an adress on the blockshain and the keys to it. It's a bit complex but this money that you have on exchanges are not yours and can disappear overnight.
You should find a way to access this bitcoin and withdraw it to your own wallet, because any amount of bitcoin will become very precious in the future.
The EU shithole is turning into a dictatorship and it will not last long, but might still be around for a couple decades, any off-grid solutions you can have are to be taken
My Bitcoin is in something called Coinbase. Itās an app, but itās been a while since I used it. Now they want to confirm my identity and such. I need to see if I can verify it with my ID and then see what I can do with this Bitcoin. Itās not that much, but still. Maybe I should sell it and transfer to my bank account.
And I agree that EU is turning into a fascist dictatorship .click to expand
don't ever transfert money from crypto into bank accounts. They will accuse you of anything they can think of and steal the money.
Once you go crypto, there's no going back
Posted by hydorahPosted by borednbeautifulPosted by hydorahPosted by borednbeautifulyou're probably talking about an exchange wallet like binance or something else.
I bought some Bitcoin about 2-3 years ago, but I also sold it when SHIBAInu was trending and BC was down. I may have some Bitcoin left in my wallet, but since I moved to EU I canāt access my crypto wallet for some reason.
Itās not much at all, maybe couple of hundred š°
Unfortunately, I donāt have extra money to buy more. Otherwise I gladly would!
which is not your real wallet the crypto is not yours until you have an adress on the blockshain and the keys to it. It's a bit complex but this money that you have on exchanges are not yours and can disappear overnight.
You should find a way to access this bitcoin and withdraw it to your own wallet, because any amount of bitcoin will become very precious in the future.
The EU shithole is turning into a dictatorship and it will not last long, but might still be around for a couple decades, any off-grid solutions you can have are to be taken
My Bitcoin is in something called Coinbase. Itās an app, but itās been a while since I used it. Now they want to confirm my identity and such. I need to see if I can verify it with my ID and then see what I can do with this Bitcoin. Itās not that much, but still. Maybe I should sell it and transfer to my bank account.
And I agree that EU is turning into a fascist dictatorship .
click to expand
don't ever transfert money from crypto into bank accounts. They will accuse you of anything they can think of and steal the money.
Once you go crypto, there's no going backclick to expand
Iāve done it several times
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