$ (BTC) The Bitcoin Thread - NO SHITCOINERS ALLOWED

crapstream said:
Is the bull run over?
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world of shit said:
Depending on your time horizon, we've been in one giant bull run since the start.
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It's likely that there's a major correction incoming (the absolute bottom for BTC is $10k) but that doesn't necessarily mean that we aren't indeed in a multi-year bull market with several pumps and dumps ahead.
 
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Alex Poulos said:
It's likely that there's a major correction incoming (the absolute bottom for BTC is $10k) but that doesn't necessarily mean that we aren't indeed in a multi-year bull market with several pumps and dumps ahead.
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Barring something like a massive breakthrough in quantum cryptanalysis there's really no end to it until the last coin is mined. The history since the beginning has been boom and bust, but more boom than bust, and after the bust it's still usually higher than it was before.
 
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This sell off would happen while I was asleep too. Feels bad man. I'm not in BTC but rather ETH, but naturally plenty of splash damage over there. Hoped to sell before the tether bubble popped but alas i am fully committed to mister bones' wild ride.
 
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This guy called the crash before it happened and traced down exactly who was responsible and how they were able to push so much buying power (100x leverage).
Funny enough though, there's so much bullish action their follow-up attempts were eaten up, but the people responsible were able to push ETH down to $900 for a small amount of time. I bet that grabbed them a tidy profit, as well as the btc future positions they set up on cme.
As a general rule, I always watch things very close to futures expiry day, and pull a little extra profit that week. Lots of fuckery happens in btc right before expiry date.
 
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BTC back in green. Bull is back. I am selling once it reaches 70ish. This is gay
 
TheBridgeburner said:
Woke up, everything is slowly going back to normal again.
Iron hands ALWAYS pay off. :cunningpepe:
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Pretty much confirms Janet Yellen and Gates shitting on BTC yesterday was just so Square could get in at a bargain. Gates never gives public investment advice or his thoughts on the market. If he does opine publicly assume ulterior motive always.
 
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mindlessobserver said:
Pretty much confirms Janet Yellen and Gates shitting on BTC yesterday was just so Square could get in at a bargain. Gates never gives public investment advice or his thoughts on the market. If he does opine publicly assume ulterior motive always.
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They have been shitting on it for a long time. They just want a catalyst for Bitcoin to be illegitimate. That's not happening for some time. Until I predict fall or maybe end of summer. Who knows.
 
Anyone wanna take predictions on how long till the new autministration tries reviving the Obama-era "CRYPTO FUNDS JIHAD!" fearmongering?
 
mindlessobserver said:
Pretty much confirms Janet Yellen and Gates shitting on BTC yesterday was just so Square could get in at a bargain. Gates never gives public investment advice or his thoughts on the market. If he does opine publicly assume ulterior motive always.
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All Yellen and Gates does by speaking out is keeps the Boomers scared away. Any other generation hates the Elites and Banks and their advice has the opposite effect.
 
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