Bitcoin Thread

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Sensorei said:
Ignore him. You aren't going to get anywhere. You can't have a discussion with someone who isn't informed on the facts.
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Saw him on several unrelated threads doing the same thing. Disputing verifiable information, must be one those people IRL where you can show them facts and he will still tell you are wrong because he says so.
 
NarrowBandFtw said:
I don't recall a single time in the past where it was accurate to state GBTC has bought all the mined BTC ... please enlighten us as to when that happened before?
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1609772939399.png

I remain bullish until GBTC stops adding BTC to their holdings.
 
They really trying hard to pretend the $5000 dump didn't happen...whales got their cream
 
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NarrowBandFtw said:
looking at https://coinmarketcap.com/currencies/bitcoin/markets/

I just don't see the "BTC volume is driven by USDT" scenario, collectively all the exchanges on there listing the BTC/USDT pair make up around only 3% of total BTC volume which is less than the pure BTC/USD volume
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Perhaps have a look here for a volume comparison. I believe this covers all exchanges, although I may be mistaken.

www.cryptocompare.com

Bitcoin (BTC) - Live Bitcoin price and market cap

Live Bitcoin prices from all markets and BTC coin market Capitalization. Stay up to date with the latest Bitcoin price movements and forum discussion. Check out our snapshot charts and see when there is an opportunity to buy or sell Bitcoin.
www.cryptocompare.com www.cryptocompare.com

versus

www.cryptocompare.com

Bitcoin (BTC) - Live Bitcoin price and market cap

Live Bitcoin prices from all markets and BTC coin market Capitalization. Stay up to date with the latest Bitcoin price movements and forum discussion. Check out our snapshot charts and see when there is an opportunity to buy or sell Bitcoin.
www.cryptocompare.com www.cryptocompare.com
 
J_a_g said:
Perhaps have a look here for a volume comparison. I believe this covers all exchanges, although I may be mistaken.

www.cryptocompare.com

Bitcoin (BTC) - Live Bitcoin price and market cap

Live Bitcoin prices from all markets and BTC coin market Capitalization. Stay up to date with the latest Bitcoin price movements and forum discussion. Check out our snapshot charts and see when there is an opportunity to buy or sell Bitcoin.
www.cryptocompare.com www.cryptocompare.com

versus

www.cryptocompare.com

Bitcoin (BTC) - Live Bitcoin price and market cap

Live Bitcoin prices from all markets and BTC coin market Capitalization. Stay up to date with the latest Bitcoin price movements and forum discussion. Check out our snapshot charts and see when there is an opportunity to buy or sell Bitcoin.
www.cryptocompare.com www.cryptocompare.com
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for all the analytics out there I wish there was a proper one that makes these things easy lol, this one is as difficult to compare with as coinmarketcap

but ok, taking the raw 24h BTC/USDT volume vs the total BTC volume over 24h from coinmarketcap ... USDT accounts for 13% of total BTC volume (11.7 billion / 84.4 billion), take away 13% of total volume and BTC likely just chugs along without any major drop, certainly not a BTC extinction event
 
Thanks Doodaroo, I was reading through this section and never knew Easy Equities offered a Crypto section.

Since I'm a retard at investing and yes I lost a lot of money in the first Bitcoin bubble, bought in at like $17,000 or something, then after around 2 years I pulled the plug.. yes I know I should have just sat on it and look at today.. FML..

So here I am and I looked at that EC10 offering, which is cool. Out of interest what do you all think is a decent / safe amount of money to invest, I don't have much but would like to get back in..

Thanks
 
ricardo12 said:
Thanks Doodaroo, I was reading through this section and never knew Easy Equities offered a Crypto section.

Since I'm a retard at investing and yes I lost a lot of money in the first Bitcoin bubble, bought in at like $17,000 or something, then after around 2 years I pulled the plug.. yes I know I should have just sat on it and look at today.. FML..

So here I am and I looked at that EC10 offering, which is cool. Out of interest what do you all think is a decent / safe amount of money to invest, I don't have much but would like to get back in..

Thanks
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25% savings throw it in crypto
 
ricardo12 said:
Thanks Doodaroo, I was reading through this section and never knew Easy Equities offered a Crypto section.

Since I'm a retard at investing and yes I lost a lot of money in the first Bitcoin bubble, bought in at like $17,000 or something, then after around 2 years I pulled the plug.. yes I know I should have just sat on it and look at today.. FML..

So here I am and I looked at that EC10 offering, which is cool. Out of interest what do you all think is a decent / safe amount of money to invest, I don't have much but would like to get back in..

Thanks
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It is a good option as it is a ETF and has a bit of each crypto in it to make it up. I am putting in R10000 as a starter and willing to lose it but hopeful it will not be the case.
 

JPMorgan Says Bitcoin Could Rise Over $146,000 in Long Term​

Investment banking giant JPMorgan has called a long-term bitcoin price target of over $146,000 based on the assumption that the cryptocurrency will grow in popularity as an alternative to gold

www.coindesk.com

JPMorgan Predicts Bitcoin Price Could Rise Over $146,000 in Long Term - CoinDesk

Bitcoin is increasingly competing with gold as an investment asset and has scope for substantial gains in coming years, says JPMorgan.
www.coindesk.com www.coindesk.com
 
First they called it a scam..now that they purchased a lot they predicted $40k in December... Now they ' predict 178k....Crypto is the ultimate game of shills
 
Damac10 said:
First they called it a scam..now that they purchased a lot they predicted $40k in December... Now they ' predict 178k....Crypto is the ultimate game of shills
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Same thing as with those oil emails that make the rounds. Notice how the current "bull" market has been driven entirely by media hype even when it was bearish, they would publish lies to make it turn around. A self fulfilling prophesy.
 
They are most likely selling their bags if they are pushing it.
 
Speedster said:
So changing one's mind about an asset class is a big no go?
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Changing their mind is one thing. It's the outlandish price predictions that make it obvious they're just playing the money making game.

I don't care...they can play the game however they want. I just don't think their opinion about Bitcoin means anything. It's pure self interest.
 
saor said:
Changing their mind is one thing. It's the outlandish price predictions that make it obvious they're just playing the money making game.

They flip flop between extremes depending on the wind.
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No doubt they're trying to influence the price. I guess, as you say, that is their game
 
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