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Steve

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Re: Bitcoin
Dec 30, 11:35 PM 2019
Bitcoin price is heavily manipulated and goes through cycles. It will pump again eventually.

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ati

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Re: Bitcoin
Dec 31, 05:29 AM 2019
What I find incredible is that after 3 years the same people on youtube telling the same things week after week. Like how the market is still bullish, and this line crossed that line so it's a sign for a major price surge, and Bitcoin will likely to reach new high in October.....then in November....then in December.. and it goes on for years.
They are like us, system players  >:D

I still check the prices every day, although I don't really care as I exchanged to fiat currency most of the tiny amounts I had left. I have currencies that I can't even sell, because there are zero buyers and in some cases the value dropped 99.9%

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Bigbroben

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Re: Bitcoin
Mar 12, 07:58 AM 2020
Quite a hit for cryptos today... -25%!


Gold is up...
Life is hard, and then you die.
Mes pensées sont le dernier retranchement de ma liberté.

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ignatus

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Re: Bitcoin
Mar 12, 08:10 AM 2020
Quite a hit for cryptos today... -25%!

Yes...but? if you want to trade on the stockmarket, anyhow, you should learn to make profits either the chart goes Up or Down. Learn Hedging.... best method.

If you like to donate http://paypal.me/ignatus1

"Focus on predicting wheel sectors where the ball is expected to land" ~Steve

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Steve

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Re: Bitcoin
Mar 12, 09:48 AM 2020
Meh, im hodling.

Part of its panic, part of it is manipulation so coins can be purchased for a bargain. Wall st bankers did that with news manipulation during one of the world wars, cant recall which one. Its a cycle.

If you have good picks with good fundamentals, i dont doubt the current drops are pretty meaningless. The future of cryptos will be stable prices anyway.

Just look at history like previous gfc. People that panic sold lost. People that held usually made back loses amd more.

It's only painful to hold if you heavily rely on it. If you can, waiting even years might be a good option. Im sure some cryptos will boom, most will die.

Clf7

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Re: Bitcoin
Mar 12, 10:54 AM 2020
Meh, im hodling.

Part of its panic, part of it is manipulation so coins can be purchased for a bargain. Wall st bankers did that with news manipulation during one of the world wars, cant recall which one. Its a cycle.

If you have good picks with good fundamentals, i dont doubt the current drops are pretty meaningless. The future of cryptos will be stable prices anyway.

Just look at history like previous gfc. People that panic sold lost. People that held usually made back loses amd more.

It's only painful to hold if you heavily rely on it. If you can, waiting even years might be a good option. Im sure some cryptos will boom, most will die.

Only Bitcoin has the potential to "boom" and survive.Holding is the key with money that doesnt hurts you.Can you make short term Profit with eth,ripple etc compared to Bitcoin!? Ofc you can but in long term only Bitcoin will have a real affect and use in real everyday Economy.

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Bigbroben

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Re: Bitcoin
Mar 12, 11:18 AM 2020

If you have good picks with good fundamentals

What fondamentals with cryptos?  Only offer/demand.  Nothing tangible.  Can you hold it?  See it?

Same as currencies: based on confidence.  That's it.
Life is hard, and then you die.
Mes pensées sont le dernier retranchement de ma liberté.

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Steve

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Re: Bitcoin
Mar 12, 11:00 PM 2020
What fondamentals with cryptos?

The point is it's decentralized and trust-less, meaning must more resistant to corruption.

Can you hold it?  See it?

No more than numbers in your bank account.

As for cash, what's paper worth?

Same as currencies: based on confidence.  That's it.

You answered your own question. So why would anyone use cryptos instead of fiat currency? For reasons explained above, and more.

Almost all money will be digital soon. And crypto will take over. Eventually.

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Steve

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Re: Bitcoin
Mar 12, 11:01 PM 2020
Bitcoin price is in freefall, for now. Again its part panic and part manipulation.

Eventually the bulls will start mass buying, and the people who sold will be regretting it. Unless they were holding shitcoins.

This is all an over-reaction.

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Bigbroben

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Re: Bitcoin
Apr 09, 04:47 PM 2020
Compare and decide.

Life is hard, and then you die.
Mes pensées sont le dernier retranchement de ma liberté.

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Bigbroben

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Re: Bitcoin
May 07, 08:12 PM 2020
BItcoin has had a good rebound in the last weeks.  10k is a treshold: today's ceiling but tomorrow's floor?

Gold: safe, as usual.  Selling pressure waning away.  Physical gold/silver hard to get, high premiums and long delays.  But if you don't hold it you don't own it.  Once the ETFs realize that, gold at 2000-3000$ will be reality.  CME and LBMA pricing will be irrelevant.

Trade safe, or buy and hold, whatever your profile is.
Life is hard, and then you die.
Mes pensées sont le dernier retranchement de ma liberté.

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Steve

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Re: Bitcoin
May 07, 08:28 PM 2020
The most secure investment you can ever have is LAND. There are investments with higher returns, but you need land in your portfolio. Yes its monetary value may temporarily decline, but real value isnt about money.

Also the way things are headed, other best investments are likely in essential services.

I expect cryptos will soar, but still be very volatile.

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Bigbroben

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Re: Bitcoin
May 07, 10:14 PM 2020
Totally agree with you there Steve about land.  You can't create it, as opposed to the other real estate: houses and buildings. 
I own land and commercially grow fruits.  Kids are playing out, trees are growing, river is flowing nearby.  I wouldnt trade this for anything.  I woulnt see myself anywhere else.  Unvaluable, at least currency-wise.

Even if all my digital investments went to zero, my reality wouldnt change since I dont depend on it.

Real investments resumes to: do what you like, like what you do.  Cuz alike land that is finite, so is time. 
Have as much enjoyable present moment as possible.


Gold is here to stay.  In itself, it is less volatile than cryptos, but i believe its price cannot be supressed any longer.
Two ways to play it: own physically and speculate.  Miners have a low P/E ratio that is based on past year's earnings when gold was at 1400 1500$.  Next year at lets say from 1550 to 1750 for min 2 quarters: one might see tenbaggers here and there if/when gold ranges 1700-2000...
2000-3000 or 5000?  Well bitcoin did it, why wouldnt gold?  Might not be as quick and swingy, but I would expect it within 5 years.  Could be 2. 
To be cont...
Life is hard, and then you die.
Mes pensées sont le dernier retranchement de ma liberté.

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Bigbroben

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Re: Bitcoin
Jun 30, 08:48 PM 2020
Been on the gold train for a while, with all its ups and downs, paper contract dumps midnight blitz.
It's been a slow crawl up since 2016 but boy! did it gain steam in the last year.

Gold just breached a short term ceiling of 1750 to close at 1800 today.  Climbing straight to 2009 top of 1950$.  I expect to pass 2000$ within 12 months.  Check volumes.

I expect miners to go ballistics.  Low P/E ratios at 1500$/oz will be even more of a bargain at 1800$/oz.  Expect tenbaggers here and there.

This train is gaining speed. 

Life is hard, and then you die.
Mes pensées sont le dernier retranchement de ma liberté.

RouletteKnight

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Re: Bitcoin
Jun 30, 09:23 PM 2020
ps, Bitcoin being used for speculative investment is a joke. The principle of Bitcoin is great, but the underlying technology is crude. My prediction is unless it increases speed of transaction, it will be eventually be overtaken by another coin.

While Bitcoin is being used for real payments, it is mostly being used by manipulatively traders.

Not to say bulls and bears don't manipulate other markets, and the SEC does jack shit because it doesnt affect their power. But it is far worse with Bitcoin.

My feeling is that Bitcoin is here to stay. There may be a coin that overtakes it but then because bitcoin has been here the longest and is the most widely known it will have staying power, it will be used more like a store of value than transacting.


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