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Bitcoin o'clock


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2020 Nov 12, 7:47am   27,288 views  605 comments

by Cash   ➕follow (1)   💰tip   ignore  

Crypto that is, blockchain = AI secure SMART contracts displayed on a public open ledger.
Large investors are at the table now while the herd is grazing in other pastures and for the savvy they are opening the door of crypto opportunity.
https://trends.google.com/trends/explore?date=all&q=bitcoin

Past Bitcoin hater changes tune, Economist Nouriel Roubini, also known as “Dr. Doom,” has admitted that bitcoin may be a store of value. Roubini sees a “big revolution” coming in the next three years due to central banks launching their own digital currencies. https://news.bitcoin.com/dr-doom-nouriel-roubini-bitcoin-store-of-value/

Bloomberg 400 billionaire Stan Druckenmiller says he now owns both gold and Bitcoin, and expects Bitcoin to outperform gold. https://blockchain.news/news/billionaire-stan-druckenmiller-bitcoin-gold-btc-risk-return

Legendary investor Bill Miller just went on CNBC and said that every major bank, investment bank or high net-worth firm is going to eventually have some exposure to bitcoin. https://markets.businessinsider.com/currencies/news/bitcoin-price-legendary-investor-bill-miller-resilience-better-every-day-2020-11-1029776469

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89   Cash   2020 Nov 19, 5:31pm  

Juicy ;)
Visa revealed its own brand-new patent on an electronic currency system (digital) that Causes the REMOVAL of the physical currency.
https://pdfaiw.uspto.gov/.aiw?PageNum=0&docid=20200151682&IDKey=5E7C13E07C78&HomeUrl=http%3A%2F%2Fappft.uspto.gov%2Fnetacgi%2Fnph-Parser%3FSect1%3DPTO1%2526Sect2%3DHITOFF%2526d%3DPG01%2526p%3D1%2526u%3D%2Fnetahtml%2FPTO%2Fsrchnum.html%2526r%3D1%2526f%3DG%2526l%3D50%2526s1%3D20200151682.PGNR.%2526OS%3D%2526RS%3D

Bill Gates “Better Than Cash Alliance.” https://www.betterthancash.org/
To accelerate the global transition from cash to digital payments. This alliance includes 75 different world governments, companies, and major international organizations

The New “Crisis Currency” https://internationalman.com/articles/the-new-crisis-currency/
Bitcoin has a very clear intrinsic value.
Bitcoin doesn’t use the traditional financial system. It has no central authority. Instead, bitcoin runs on a decentralized and voluntary network scattered around the world on many thousands of computers. It doesn’t need so-called “trusted” intermediaries or third parties. "Bitcoin has no counter party risk and has no single point of failure."
Bitcoin’s intrinsic value is that it allows you to escape the matrix… the financial prison that governments have erected with fiat currencies, central banks, and privacy-killing regulations serving as the bars on the door. It’s like a Swiss bank in your pocket.
90   Cash   2020 Nov 19, 5:37pm  

1 more of Billy boy's world domination metrix ID2020 https://id2020.org/ Its stated goal [Is to compile] E-passports, digital wallets, building access cards, debit and credit cards, banking information, transit passes, voter information, and health records [all in one place for every person on Earth].”
91   Cash   2020 Nov 20, 6:14am  

BTCs quote currency USD has high probability of continuing testing and imo beaching that last low leaving high probability of BTC jacking up 18500 and beyond and testing the ATH of 19,666 depending on the exchange. Like I have mentioned BTC is not pegged to the USD it floats and has its own ecosystem and it's linked by fiat not "pegged" to any fiat.
In this environment there are little odds of US equities taking much of a correction either via RSI the indexes are not overbought and until DXY is in the oversold area 88+/-? and real "risk-off" gets involved I'm staying long. I do think a hard corrections is coming to these markets however not until the DX finds a bottom. https://www.tradingview.com/x/zH8HXOlN/
93   Cash   2020 Nov 20, 10:59am  

Former Crypto Lawyer Brian Brooks Nominated as Comptroller of the Currency
https://nexo.io/blog/dispatch-11-pro-crypto-official-nominated-to-head-top-us-banking-watchdog?j=85376&sfmc_sub=39978350&l=26_HTML&u=1471643&mid=500009431&jb=548#utm_source=email&utm_medium=dispatch&utm_campaign=dispatch_email_011&utm_term=blog&utm_content=email

Keep in mind the house is very busy trying to institute CBDC, A BILL: To require member banks to maintain pass-through digital dollar wallets for certain persons, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
Not to mention but I will https://www.occ.gov/topics/charters-and-licensing/interpretations-and-actions/2020/int1170.pdf
94   Cash   2020 Nov 20, 6:59pm  

BTC chart with another 20%+/- gains easy enough. $24,000
https://www.tradingview.com/x/h8TAXted/

However due to DeFi $ETH is likely to out perform by x/x Ethereum's all-time high is $1,448.18 https://invst.ly/swq2u
after the $550s $ETH should fly with very high probability (Ethereum 2.0) https://cointelegraph.com/news/ethereum-2-0-s-long-and-winding-road-to-scalability-launch
There is already many $ETH being accumulated due to a person will need 32 ETH to stake Ethereum 2.0 https://cointelegraph.com/explained/ethereum-20-staking-explained#:~:text=1.-,What%20is%20Ethereum%202.0%20staking%3F,blockchain%20in%20return%20for%20rewards.
I dont think ETH is more important then $BTC however I do believe the major gains will be had owning $ETH and EC20 coins such as $SNX and $LINK for 2
95   Bitcoin   2020 Nov 20, 7:18pm  

Thanks man, really appreciate all your helpful insight!!
I didnt even know you need 32 ETH to stake....now I know what to buy next. I only have 7 or so at the moment.
Thanks!
96   Cash   2020 Nov 20, 7:27pm  

G36 says
32 ETH to stake

Yep $ETH 2.0 you will
97   Cash   2020 Nov 20, 7:55pm  

G36 says
now I know what to buy next. I only have 7 or so at the moment.

$SNX and $LINK should be really good performers $SNX is a 2x easy enough and could be bunch more but it's a baby and not a lot of data to shake out for targets
atm I have a simple target of $9.92 and for $LINK I am targeting $27.75. Now if price is begging me to stay because USD is still croaking then I will hang on and see
what happens but at some point I will be taking the "risk" off....
98   Cash   2020 Nov 21, 3:56pm  

It looks like the cool kids funds are going online at the exchanges so they can participate in some #CryptoFOMO.
https://www.investing.com/crypto/currencies XRP my best 24hr performer and my gains will be 100%+/- @.50
https://invst.ly/swzmz I may take my cost base out and swap it for some more $ETH, or $LINK
99   Cash   2020 Nov 22, 2:48pm  

Compare price movement from the last FOMO which did not include many on the institutional side which lasted basically 4 weeks from the initial insanity, this time the move has almost doubled in starting the 8th from the buy signal environment. 1 reason for the difference is last time I think it was much more a case of irrational exuberance to the 10th degree moving price and knowing how retail traders trade or I should say hold on and hope few made any money and most lost from greed by way over leveraging. This time price has 1 ingredient it didn't have last time that being #institutionalFOMO ;) front running retail so price is moving in a much more controlled way. Big money has to be careful they don't run price up on themselves so I wouldn't expect less then these quick bleed offs and pullbacks. Opportunity is knocking I hope you can hear what I am screaming at you Notice how ATR hasn't really even started following the price action so much high probability to the upside left in this move alone lmhao .. https://www.tradingview.com/x/1D1KzMiR/
100   Bitcoin   2020 Nov 23, 7:43am  

I am watching the google trends for Bitcoin. This should continue to go straight up. Everything else would be a surprise. Exciting times.

101   Cash   2020 Nov 23, 9:02am  

Watch the USD (DX), the dollar had a pop from econ news Chicago Fed National Activity Index (OCT) and Manufacturing PMI which didn't really have a big effect on crypto or the stock market. Prior DX broke the last low and now once the traders take the pop profit we'll be able to see if the environment stays risk-on which I am betting it will for the time being and Crypto keeps rising and the stock market keeps consolidating in it's current range.
102   Cash   2020 Nov 23, 6:52pm  

BTW gold bugs you have been squirted and Raid'd by Crypto and gold will set at the bottom of the pile until ??? USD is even more loved then gold atm lmhao
103   Cash   2020 Nov 24, 7:05am  

BTC just announced by it's pattern of price it contains high probability of hitting the ATH much sooner then later. Get your ticckets while on sale the SHIP is undocking lmhao
104   Robert Sproul   2020 Nov 24, 7:33am  

I tried scanning this thread for mention of the news that PayPal was now selling (correct terminology?) Bitcoin. This seems huge to me. I would have dabbled in BTC a little bit but it always seemed like too much hassle. Now I, and 350 million other PayPal users, can do it easily. I guess, I haven't done it.
105   WookieMan   2020 Nov 24, 7:45am  

Robert Sproul says
Now I, and 350 million other PayPal users, can do it easily. I guess, I haven't done it.

Tread lightly. You're trading actual useful, stable currency in for spreadsheets that are a pain to deal with off exchanges (which aren't secure). Be careful of the hype. This has happened before and lots of people lost their asses. These threads read like penny stock forums. FOMO always runs out of steam.
106   Cash   2020 Nov 24, 7:50am  

Robert Sproul says
can do it easily

It's not that big of a deal now I would start with coinbase and migrate to coinbase pro.
Don't listen to wookie he is just bitter he missed the boat and he is going to miss the ship.... Do your own DD and forget about the
know-nothing doubters wookie has all opinion and no real knowledge.
107   Onvacation   2020 Nov 24, 7:52am  

Cash says
wookie has all opinion and know real knowledge.

Agreed! Wookie is a smart man!
108   Cash   2020 Nov 24, 7:54am  

Start with $btc and $eth and study DeFi if you are interested in buying other coins. $snx $link $ada
https://defipulse.com/ change the chart to a year DeFi has grown about 1300% 6mo.+/-
109   Cash   2020 Nov 24, 7:58am  

BTW Kroger is offering 1.5% BTC spiff to its customers, VISA has a patent to massive integrate crypto and bigger then all of that is banks can now invest take custody
and hold customers private keys for CRYPTO... wookie needs to catch up lmhao
110   Cash   2020 Nov 24, 8:10am  

Play the Podcast by Nathaniel Whittemore https://www.coindesk.com/bitcoin-shortage-paypal-cashapp Listen to the 1st min or so then jump to 13.30 and thats the meat...
111   Cash   2020 Nov 24, 8:24am  

Robert Sproul says
PayPal was now selling

More importantly the report mentions Paypal is buying about 70% of all newly mined BTC and they have 3x the customer base of BTC holder
=supply/DEMAND
112   WookieMan   2020 Nov 24, 12:18pm  

Cash says
BTW Kroger is offering 1.5% BTC spiff to its customers, VISA has a patent to massive integrate crypto and bigger then all of that is banks can now invest take custody
and hold customers private keys for CRYPTO... wookie needs to catch up lmhao

Decentralized. NO #Visa #Kroger
Anonymous. NO #Visa #Kroger
Secure. NO #Visa #Kroger

Did I catch up? Let me know.
113   AD   2020 Nov 24, 12:32pm  

Janet Yellen has criticized Bitcoin and cryptocurrencies as being used for illegal transactions.

https://finance.yahoo.com/news/her-own-words-janet-yellen-180826628.html

.
114   WookieMan   2020 Nov 24, 12:42pm  

ad says
Janet Yellen has criticized Bitcoin and cryptocurrencies as being used for illegal transactions.

https://finance.yahoo.com/news/her-own-words-janet-yellen-180826628.html

.

And that's the problem. A Mexican drug lord can pile up a room full of cash. Has Mexican authorities bribed or uses off shore sources and dumps $20-30M over a couple of days/weeks into crypto. Prices rise and FOMO sets in for the average person. So $30M more gets pumped in from average people as the drug lord sells it off making his money squeaky clean, all while getting paid to launder it.

I'm just throwing out random numbers, but it's not difficult to move a market that has such a low participation rate. All the same shit is being posted again about BTC going to the moon like back in '17. As I've said, rinse and repeat and suck the money out of suckers.
115   Robert Sproul   2020 Nov 24, 12:48pm  

Cash says
Do your own DD

I trust myself last re: DD. I try to find one smart guy and get inspiration and confidence from him. Preferably he is not selling me anything. It has worked every once in a while.
This Saylor guy caught my attention with his rationale. And his commitment of 400 m:
www.youtube.com/embed/WrR95PFYDFQ

Anyway I need a little coin to buy psychedelic drugs on whatever site has replaced Silk Road.
116   AD   2020 Nov 24, 1:00pm  

I remember Saylor as I lived not far from Microstrategy back in the late 1990s. He was worth a few billion then his stock went bust. I am surprised Microstrategy and Saylor are still around to get this amount of attention.
117   AD   2020 Nov 24, 1:03pm  

WookieMan says
As I've said, rinse and repeat and suck the money out of suckers


I don't see the major governments that issue debt (i.e, European Union, USA, Canada, etc) allowing Bitcoin and crypto currencies to flourish.

Let alone, Bitcoin is becoming like tulips a few hundreds of years ago in Holland, its just a hyper-speculative asset.

.
118   Cash   2020 Nov 24, 3:13pm  

Crypto is just another market to be harvested..... I don't give 2 cents for anything wookie has to say about the subject nor do I care what analogy you
use in reference. Its much easier to just spew opinions then add added value to these post....
119   Cash   2020 Nov 24, 3:15pm  

ad says
I don't see the major governments that issue debt

By the way debt don't matter with modern monetary theory just add the digits...
120   WookieMan   2020 Nov 24, 3:45pm  

Cash says
Crypto is just another market to be harvested

There ya go. You finally said what I've been saying. Make your money. Way too risky for my blood and I'm man enough to admit that. I've got kids I've got to raise and I'm quite well off as is. I haven't told anyone not to gamble in crypto, just to be careful.

Cash says
Its much easier to just spew opinions then add added value to these post....

That's the thing, there's no value to be added to these posts. They reek of pump and dump. MSM is crap too, but link to CoinDesk, blockchain dot whatever. You're posting biased sources pretending like it's fact. Those sites don't get any ad revenue without traffic and people buying crypto. You know this is fact. If you want to trust the information, that's up to you. Understand the bias at least is all I'm saying.
121   Bitcoin   2020 Nov 24, 3:52pm  

Robert Sproul says
I tried scanning this thread for mention of the news that PayPal was now selling (correct terminology?) Bitcoin. This seems huge to me. I would have dabbled in BTC a little bit but it always seemed like too much hassle. Now I, and 350 million other PayPal users, can do it easily. I guess, I haven't done it.


Robert, you may also use you the Robinhood app to buy Crypto. Or sign up for the Coinbase or Binance exchange app.
122   AD   2020 Nov 24, 7:14pm  

Cash says
By the way debt don't matter with modern monetary theory just add the digits...


As long as the US federal budget spends less than 15% on debt service then its okay.

And as long as food, housing, transportation, public education, and healthcare are readily available to the working class, then yes it is okay (i.e., standard of living sustained).

.
123   Cash   2020 Nov 24, 8:25pm  

ad says
As long as the US federal budget spends less than 15% on debt service then its okay.

And as long as food, housing, transportation, public education, and healthcare are readily available to the working class, then yes it is okay (i.e., standard of living sustained).

.
All I can do is laugh at you guys, all the way to the bank.... Bank on it lmhao
125   AD   2020 Nov 24, 8:29pm  

Cash says
ad says
As long as the US federal budget spends less than 15% on debt service then its okay.

And as long as food, housing, transportation, public education, and healthcare are readily available to the working class, then yes it is okay (i.e., standard of living sustained).

.
All I can do is laugh at you guys, all the way to the bank.... Bank on it lmhao


I hope you can get your winnings from the Bitcoin casino before it goes bust.
126   Bitcoin   2020 Nov 24, 8:31pm  

Not a casino. Long term investment that will be very profitable. Bitcoin has been valued at a few hundred dollars just recently. Now its already at 19k - per coin!
Citibank estimated it will be at 318K a coin by next year.
127   Cash   2020 Nov 24, 8:53pm  

ad says
I hope you can get your winnings from the Bitcoin casino before it goes bust.
No worries at all... BTC and crypto in general are going up, no ifs and buts about it, I will definitely be taking it to the bank. At the same time if and when I see the DX bottoming out I will be deleveraging JIC of a good pullback which BTC could go all the way back to 13500 and thats only a 38.2 fib. Im not worried about my money no need for you and wookie boy to be.. lmhao
128   Cash   2020 Nov 25, 7:48am  

PayPal CEO on why the company is getting into cryptocurrency

https://www.youtube.com/embed/aZO4ddO0J_E

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