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Bitcoin currently at $4500 and going down 3549
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Krr
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OP03-16-2020, 05:34 PM
#21
(03-16-2020, 05:31 PM)lol Wrote:bitcoin is not real its just an illusion bro.

right fam send me your bitcoins then


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lol
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03-16-2020, 05:35 PM
#22
(03-16-2020, 05:34 PM)Krr Wrote:right fam send me your bitcoins then

cant send what you dont have  Cool

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Steady
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03-16-2020, 06:04 PM
#23
(This post was last modified: 03-16-2020, 06:05 PM by Steady.)
(03-16-2020, 04:55 PM)Olly Wrote:Bitcoin is in a scary place right now, if we can survive the virus crisis then I believe we might still see a new ATH but so far bitcoin has failed the massive test (that being it not reacting like the stock market and being able to survive through economic pressure like this) as well as liquidity being so low that price manipulation is incredibly easy currently.

Bitcoin almost went sub $1000 the other day.

We've broken one of the main trends people have followed to stay bullish (that being the monthly curve) but we will see, I still believe in the coin but we just have to pray we get through this

very true

all these things that happened are  not bullish at all.

but for me the concept of bitcoin is where i am bullish about, so i dont care that much if we break a trend line for example


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moneysake
03-16-2020, 07:22 PM
#24
(03-16-2020, 07:20 AM)thx Wrote:I mean I think you've overestimated the power of halvening.

this. Halvening won't magically make it 200k

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Dadlolfow50
03-16-2020, 07:40 PM
#25
Bitcoin will NEVER be used as a main day to day currency and it sucks to say it, although other crypto currencies will 100% without a doubt become a day to day payment method, bitcoin is just the most well known crypto therefore being the most valuable one, the future is crypto’s though whether you believe it or not..

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Krr
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OP03-16-2020, 07:50 PM
#26
(03-16-2020, 07:40 PM)Dadlolfow50 Wrote:Bitcoin will NEVER be used as a main day to day currency and it sucks to say it, although other crypto currencies will 100% without a doubt become a day to day payment method, bitcoin is just the most well known crypto therefore being the most valuable one, the future is crypto’s though whether you believe it or not..

well said


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03-16-2020, 08:29 PM
#27
(03-16-2020, 04:55 PM)Olly Wrote:Bitcoin is in a scary place right now, if we can survive the virus crisis then I believe we might still see a new ATH but so far bitcoin has failed the massive test (that being it not reacting like the stock market and being able to survive through economic pressure like this) as well as liquidity being so low that price manipulation is incredibly easy currently.

Bitcoin almost went sub $1000 the other day.

We've broken one of the main trends people have followed to stay bullish (that being the monthly curve) but we will see, I still believe in the coin but we just have to pray we get through this

bitcoin is not a recession hedge, it is an inflation hedge.  when people need to raise $ they will sell assets just like gold in 2008.  we will get through this b/c the fed is engaging in unprecedented QE and will do so over the next months, that is the bullish case.


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Amazin
03-16-2020, 08:36 PM
#28
This is insane how fast it's dropping.

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OP03-16-2020, 09:04 PM
#29
(This post was last modified: 03-16-2020, 09:05 PM by Krr.)
(03-16-2020, 08:36 PM)Amazin Wrote:This is insane how fast it's dropping.

i can say the same
(03-16-2020, 06:04 PM)Steady Wrote:very true

all these things that happened are  not bullish at all.

but for me the concept of bitcoin is where i am bullish about, so i dont care that much if we break a trend line for example

what do you mean by the concept of bitcoin?


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03-16-2020, 09:35 PM
#30
(03-16-2020, 08:29 PM)Exclusive Wrote:bitcoin is not a recession hedge, it is an inflation hedge.  when people need to raise $ they will sell assets just like gold in 2008.  we will get through this b/c the fed is engaging in unprecedented QE and will do so over the next months, that is the bullish case.

That's all and well but if things get worse (which is hinted at by the fed) then bitcoin is going to struggle severely


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