You stepped out of your bullshit thread to step into here and call me a moron...
Here's a little piece of advice you piece of shit. When you accuse me of stepping into something and talking without updating myself first, you should avoid doing the same exact thing directly afterwards.
I'm a moron, yet I've been correct about BTC since late 2016 and essentially have said what you said here, only my sysnopsis doesn't reveal my amateurish understanding of crypto.
I'll wait for you and Lurker to come scold me without providing anything of substance. You're lucky we are cross swords on the internet, you scumbag.
1 Bitcoin equals
2075.47 US Dollar
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1 Bitcoin equals
2132.85 US Dollar
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You're a mentally unstable freak. I don't even think I was referring to you, although you are obviously trying really really hard.
I don't care if you've been correct about something since late 2016. BTC was around way before that. Your point?
I wouldn't be so sure that there is a < 1 in 10 chance of BTC breaking 5k, but we'll see.
I'm a "scumbag" and a "piece of shit" LMAO. Get some meds and QUICK.
Bitcoin approaching $2200. But heres the interesting note ETH is also racing towards $200 as we speak as of now its at 171.90 up almost $10 in the last hour and nearly $43 since yesterday.. Meanwhile LTC is actually dropping around $24 when it was over $30 only a few days ago. So not all the cryptos are exploding upwards
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Last edited by donkdowndonedied; 05-22-2017 at 02:02 AM.
Latest BTC price action article from CNBC
"Monday marks the seven-year anniversary of Bitcoin Pizza Day – the moment a programmer named Laszlo Hanyecz spent 10,000 bitcoin on two Papa John's pizzas."
"....The two Papa John's pizzas would now cost $21.8 million at current bitcoin prices"
I've made roughly 120% return on eth margin trading eth. Eth is a goldmine. While I don't see it happening too soon, BTC will ultimately cease to be what it is today. It has no choice. Rewards are lowering, transactions are slowing immensely, and interest in PoW crypto is tanking. It may be signaling segwit or a hard fork or a soft fork but major changes and updates need made to BTC.
In regards to ETH, I see this being the model moving forward. A lot of new currencies are basing off of it and a lot of big companies already support it. Huge announcement this week are expected which is why the price is freaking out.
Avoid ripple and stellar. Those are under heavy debate on whether it should even be embraced as it's nothing decentralized.
Except people were saying this even at 1200 just a month or two ago... When exactly is this suppose to fall and to what levels? At this point even if it drops by 1200$ its still a big markup from last year. For it to truly represent that graph we need it to fall to like 500-600$ which seems pretty unlikely at this point.
Bitcointalk would literally see tears when this corrects.
I've been pulling all the data from exchanges via their apis for a few months now. I have records as far back as the exchanges go. This could be a bubble, but a lot of the latest activity appears to be new money entering the markets. Typically coins follow a pattern with rise and fall of Bitcoin because most money in the markets is static, no money really entering and none really leaving. What we are seeing now is an anomaly, but like I said it appears to be new money entering. The price is obviously inflated and will be corrected, but I don't think it will be as drastic as a bubble.
To compare, look at housing prices in HK. It's a "bubble" that people have been saying is going to burst for over a decade now, and it's not slowing yet because new money in China sees HK real estate as an easy way to hide capital and still earn on it.
Also, through discussions with others, it appears as if the tightening restrictions on BTC in China has actually increased demand because people want their money out of China. There's a lot of money there.
Right now it's 40% Japan new money.
There is talk the SEC might flip on the notion of the ETF's. Finally, a reasonable opportunity to short might emerge.
Makeitso
The one definitive thing about this thread is that Nado Dave is winning the thread tag battle.
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