Bitcoin....who's gotten into it?

[stalefish3169]

Grain of salt or a really big block?



https://www.msn.com/en-us/money/mark...X8C?li=BBnbfcN

The more the man says you can't have bitcoin, the more people are going to want crypto. It's human nature. Look at the teen pregnancy rates where they practice abstinence only sex education. And you know the hardest of the hardcore anti-gay politicians always end up getting busted for buttsecks.

Trump/GOP better stay the fuck away from "regulating" bitcoin and the rest of the crypto markets after their thou shalt not over-regulate businesses talk. Any attempt to block crypto and they are the biggest bullshitters ever. Not that that stopped Jeff Sessions with weed/states rights or anything though.

Will some of the cryptos get regulated out of existence? Probably. But the market is not going away. Old money is just pissed a lot of them have missed the crypto bus and they are trying to figure out how they can stay in absolute power. Just look at bitch ass Jamie Dimon's 180.

[4matic]

A lot of BTC traders use charts. I’d like to hear a bullish interpretation of current pattern. $12k looks done.

[byates1]

i bought at 200,

moved 80% recently

overall i feel really good

i sort of like the fuck you aspect of it as well

[digitaldeath]

More like who's gotten out of it
Am I right

[digitaldeath]

overall i feel really good

i sort of like the fuck you aspect of it as well

luminary

[whitekingsalmon]

American are Goin to wake up with a very very sad face...... I'm on a beach in Southeast Asia n just watch btc go below 11ķ and bring everything down with it...... I've.....I have been out of what I've been out of what I had for a while now but have been playing neo.... just amazing strong run it had up to 198 last night... or day for you..hmmmmm where's the dip.

[ICantLogIn]

Uggh I should sell my NEO but I think it has legs.

[Bobby Stainless]

More like who's gotten out of it
Am I right

Sold all my coins on gdax on the 5th. After tax I made around 3600.

Not a hodler.

[Bunion 2020]

The more the man says you can't have bitcoin, the more people are going to want crypto. It's human nature. Look at the teen pregnancy rates where they practice abstinence only sex education. And you know the hardest of the hardcore anti-gay politicians always end up getting busted for buttsecks.

Trump/GOP better stay the fuck away from "regulating" bitcoin and the rest of the crypto markets after their thou shalt not over-regulate businesses talk. Any attempt to block crypto and they are the biggest bullshitters ever. Not that that stopped Jeff Sessions with weed/states rights or anything though.

Will some of the cryptos get regulated out of existence? Probably. But the market is not going away. Old money is just pissed a lot of them have missed the crypto bus and they are trying to figure out how they can stay in absolute power. Just look at bitch ass Jamie Dimon's 180.

Sorry Matt but none of that gibberish makes the case for why a BTC is worth so much other than because someone says it is.

[stalefish3169]

Sorry Matt but none of that gibberish makes the case for why a BTC is worth so much other than because someone says it is.

Jibberish? C'mon, Not Randy, that's a bit harsh. I used paragraphs and punctuation. This is TGR...gotta know your audience brah. 😉

More eloquently stated, there is too much legitimate capital investment for the crypto market to go away. Projects like Ethereum and Stellar, for example, will work within government regulations and become an integral part of society. The fate of Bitcoin is much cloudier, but I suspect it will survive as well.

If it sounds like I'm mad about the bigger picture, I am. The giant corporate media machine is being told by its masters to kill crypto in much the same way they smeared Bernie Sanders. Our country's wealth distribution is not sustainable and things need to change. My entire office is filled with 20 and 30 somethings who did all the things they were supposed to; went to college, maybe even got an advanced degree, took on a giant amount of student loans unless they were lucky enough to pay for school some other way. You know what that gets most of them? Temporary contract work for about 40 grand a year, no PTO, no benefits, and a bunch of roommates. Buying a house for any of the millennials is pretty much out of the question unless their parents co-sign or give them a down payment. Simultaneously, they have to deal with Boomers, whose net worth goes up every month for doing nothing but collecting equity from the house they bought with their high school diploma, writing op-eds calling them lazy and entitled.

Crypto is a gathering of the masses getting ready to storm the Bastille and reset the playing field a bit. Is it the entire solution? Not even close, but it's one piece of the puzzle.

Sent from my Pixel 2 XL using TGR Forums mobile app

[Bunion 2020]

Just yanking you chain a teeny bit.

If I was 30 yrs old and in your shoes I would be pissed as well.

That said, I am just leery of frothy and irrational increases, be it RE, the Stock Market or BTC.

Time to go lay down on my big pile of money.

Hope you are well mang.

[Art Shirk]

I'm buying dirt; you guys have fun with the 1s and 0s. At least I'll have a place for someone to bury me when I miss the boat on this shit.

[digitaldeath]

Sold all my coins on gdax on the 5th. After tax I made around 3600.

Not a hodler.

i deserve half

im the bear that made you sell

[skaredshtles]

This thread brings the lulz.

[Stu Gotz]

I am not exactly sure how crypto currencies are allowing millennials to free themselves from the shackles of servitude with which the baby boomers have enslaved them.

[splat]

I am not exactly sure how crypto currencies are allowing millennials to free themselves from the shackles of servitude with which the baby boomers have enslaved them.

Ask the Winklevosses. Only through rampant value increases. Wall Street appears to be doing their best to create regulations for crypto to be governed by and new cryptos and blockchains for the current system. I fell out of the btc loop for a couple years but kinda caught up last night with the crypto/btc documentary on Netflix. It opened my eyes when they had former US Attys who were seeking to prosecute bitcoin quitting their gigs to open exchanges.

[4matic]

Wall Street appears to be doing their best to create regulations for crypto to be governed by and new cryptos and blockchains for the current system. .

Just the same regulation as everything else. Trade transparency, tax accounting, money laundering, etc. A fair and regulated market.

With those requirements does block chain asset still have premium value?

[neckdeep]

More eloquently stated, there is too much legitimate capital investment for the crypto market to go away.

Gee, the same thing was said about junk bonds in the 80's, dot.com stocks in the 90's and mortgage backed securities in the 2000's. Those markets didn't "go away" but everyone who was long when the bottom fell out got assraped. More eloquently stated, your reasoning is shit.

[stalefish3169]

I am not exactly sure how crypto currencies are allowing millennials to free themselves from the shackles of servitude with which the baby boomers have enslaved them.

Upward mobility in the US is a joke. We no longer have a democracy; public opinion doesn't control legislation, corporations and oligarchs do. We have a 1.5 trillion dollar student loan crisis. Wealthy boomers in valuable houses refuse to allow urban infill, exacerbating our affordable housing crisis. Pensions basically don't exist anymore and the older generations have managed to rig the system by making huge fees off of millennial 401ks, if they are lucky enough to even have one. Health insurance is largely unaffordable. Cryptos may allow for a unique new form of wealth redistribution that is badly overdue.

Gee, the same thing was said about junk bonds in the 80's, dot.com stocks in the 90's and mortgage backed securities in the 2000's. Those markets didn't "go away" but everyone who was long when the bottom fell out got assraped. More eloquently stated, your reasoning is shit.

Junk bonds were just that. Junk. They were also scams, as were the mortgage backed securities. Many (99.9%) of the sub-prime crooks got away with it and became obscenely rich in the process because of our rigged system.

No doubt there are lot of crypto scams going on right now. But we're also looking at Web 3.0. There will be a lot of failures. But basically you're saying that Larry Page and Sergey Brin were a bunch of Menlo Park garage hacks that would never amount to anything.

[4matic]

$12k wasn't strong support. BTC took out the previous low on my weekly chart. Since we already tested the 50% level off the top with a 68% retrace of the move down and now back below the previous low I'd say $8k is next support.

[4matic]

The BTC top was marked by first day open of CME futures. They are lock limit down as I type.

[digitaldeath]

doges way down! but still way up!

[summit]

$12k wasn't strong support. BTC took out the previous low on my weekly chart. Since we already tested the 50% level off the top with a 68% retrace of the move down and now back below the previous low I'd say $8k is next support.

Blah blah weeks later: "1k wasn't strong support, $0.50 is next support"

[ICantLogIn]

Blood

[Bobby Stainless]

Maybe buy in again at 8k.