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Bitcoin >50k ! 100k per BTC in 2022 ---- Sorry Bitcoin haters

By Bitcoin follow Bitcoin   2021 Oct 7, 10:04am 1,731 views  97 comments           share      

The Bitcoin haters are in disbelief

Remember when the haters told us: Bitcoin will go to zero? Bitcoin will go back down to 1.2k?

https://www.cnn.com/2021/10/06/investing/bitcoin-price-george-soros/index.html
"Bitcoin soars past $55,000 on George Soros fund endorsement"

The mid-cycle correction had the bears/BTC haters belief its all over for the bull market. LOL, once agaaaain Bitcoin slapped the haters left and right.

« First    « Previous    Comments 58 - 97 of 97   

58   just_passing_through   2021 Dec 20, 9:00pm  

But the bitKornHOLIO is breaking out of a descending wedge! To the moons!
59   ChauvinsKnee   2021 Dec 20, 11:23pm  

just_passing_through says
But the bitKornHOLIO is breaking out of a descending wedge! To the moons!


IT'S A FUCKING BUYING OPPORTUNITY FOR FUCK'S SAKE!!!! WAKE UP, PEOPLE, AND LOAD UP!!!
61   just_passing_through   2021 Dec 21, 8:00pm  

THE SANTA COIN RALLY IS ON LIKE DONKEY KONG!
62   EBGuy   2021 Dec 21, 8:16pm  

It's official, just in time for Christmas... web3
Crypto, which has also been rebranded as the less foreboding web3, may be no different from past speculative bubbles like subprime mortgages or the tulip craze of the 17th century, skeptics said. Much of the mania, they said, was being driven by a desire to get rich quick by trading an asset class that often seemed based on internet jokes.
63   just_passing_through   2021 Dec 23, 10:03am  

EBGuy says
It's official, just in time for Christmas... web3
Crypto, which has also been rebranded as the less foreboding web3, may be no different from past speculative bubbles like subprime mortgages or the tulip craze of the 17th century, skeptics said. Much of the mania, they said, was being driven by a desire to get rich quick by trading an asset class that often seemed based on internet jokes.


2022 predictions:

https://www.youtube.com/watch?v=hXp32pWkwqI&source=patrick.net
66   clambo   2021 Dec 23, 4:21pm  

The guys who bought bitcoin for $64 grand don’t feel like they “won big”.
67   blackpilled   2022 Jan 14, 11:29am  

Still believe bitcoin going to the moon this year?
68   Tenpoundbass   2022 Jan 14, 11:37am  

I really want to jump in on LGB coin, it's attractive at $0.0000005457, put about $600 on that, and if it ever becomes worth .01 cents.
It will be worth $60,000 bucks, if it gets to a dollar, $600K.

That's the only way I would play with digital currency, and of course the plan would be to pull out as soon as those milestones are realized.
69   Bitcoin   2022 Jan 14, 6:17pm  

blackpilled says
Still believe bitcoin going to the moon this year?


I do. Maybe Q3/Q4. Give it some time.
70   just_passing_through   2022 Jan 15, 11:31am  

blackpilled says
Still believe bitcoin going to the moon this year?


Trying to time the price is a mistake. What you want to look at is the rate the network is growing. Right now it's approximately the same size and about double the rate of the internet in the mid to late 90s and is the fastest uptake of any technology in history. Price will take care of itself; for anyone looking to stash a tiny net worth percentage into it long term they probably won't regret it.
71   just_passing_through   2022 Jan 15, 11:39am  

CBDC is what people should be concerned about and this is some great news if it ever happens: https://decrypt.co/90301/tom-emmer-fed-reserve-digital-currency-cbdc?source=patrick.net
72   Bitcoin   2022 Jan 15, 5:34pm  

just_passing_through says
Price will take care of itself; for anyone looking to stash a tiny net worth percentage into it long term they probably won't regret it.


yep, everyone should allocate a few percentage of their net worth in crypto and HODL.
73   Bitcoin   2022 Jan 22, 4:14pm  

Who else is loading up the truck with precious coins?

Matic, Dot, ADA, ETH, BTC

Huge sale! It wont last! Buy and HODL strong!
74   Bitcoin   2022 Jan 31, 6:11pm  

We've come a long way....years ago crypto bears told us it will go to zero. Fast forward and Elon Musk and even countries are buying Bitcoin :) I'll never get tired of winning :)
75   just_passing_through   2022 Jan 31, 10:09pm  

FJB says
CBDC is what people should be concerned about and this is some great news if it ever happens: https://decrypt.co/90301/tom-emmer-fed-reserve-digital-currency-cbdc?source=patrick.net


This. This is what people should be talking about. Negatively.
76   Bitcoin   2022 Feb 2, 6:33pm  

Holy shit, this would be absolutely huuuuuuge

https://blockworks.co/sources-in-win-for-crypto-stakers-irs-says-untraded-tokens-are-tax-free/?source=patrick.net

"IRS Says Untraded Tokens Are Tax-Free"

All your crypto staking rewards from Polkadot and Cardano (ADA), tax free!???!!! hell yeah baby! Lets go IRS!
77   Bitcoin   2022 Feb 6, 8:53pm  

Bitcoin moved from its recent low of 33k to over 42k in a short amount of time. As always, the haters quickly got silenced. Usually, the haters come out in droves when Bitcoin corrects. As soon as it moves back up they all disappear.
78   Eman   2022 Feb 6, 9:14pm  

Bitcoin says
Bitcoin moved from its recent low of 33k to over 42k in a short amount of time. As always, the haters quickly got silenced. Usually, the haters come out in droves when Bitcoin corrects. As soon as it moves back up they all disappear.


Can you share where the haters come out and hate when Bitcoin corrects to $33k recently?
79   just_passing_through   2022 Feb 7, 8:44am  

Eman says
Can you share where the haters come out and hate when Bitcoin corrects to $33k recently?


It's in the bitcoin is stupid thread.
80   Bitcoin   2022 Feb 7, 9:17am  

Eman says
Can you share where the haters come out and hate when Bitcoin corrects to $33k recently?


Yep, look up OV's thread where the haters spread misinformation about Bitcoin. When Bitcoin is up, silence. When Bitcoin is down, the haters put the cheerleader gear on.
Has been going on for year now. We could almost qualify that thread as an indicator of where the Bitcoin price momentum is.
81   clambo   2022 Feb 7, 12:58pm  

$44,000 not too bad today, the guys who paid $64,000 are starting to relax 😉💰
82   Bitcoin   2022 Feb 7, 2:27pm  

clambo says
$44,000 not too bad today, the guys who paid $64,000 are starting to relax 😉💰


Not sure, maybe. I bought at 15k and feel happy since :) I might take some profits at 150k.
83   Eman   2022 Feb 7, 2:50pm  

Bitcoin says
clambo says
$44,000 not too bad today, the guys who paid $64,000 are starting to relax 😉💰


Not sure, maybe. I bought at 15k and feel happy since :) I might take some profits at 150k.


How much did you buy? Life changing money or no?
84   just_passing_through   2022 Feb 7, 6:35pm  

clambo says
$44,000 not too bad today, the guys who paid $64,000 are starting to relax 😉💰


I don't know about those guys who bought at 69 though!

Actually, because you don't need a stupid bloomberg terminal, the block chain is open for all to see - you can see that a lot of those people who bought at the peak freaked out and sold at a loss..
85   PeopleUnited   2022 Feb 8, 5:41am  

If you want to know what drives the value of crypto long term, look at the percentage of the population that owns it. As that percentage increases, so do “values” of crypto. The question is will that trend continue, and even if it does, is it not a ponzu scheme where rising prices depend on drawing in more buyers.
86   Bitcoin   2022 Feb 8, 11:08am  

PeopleUnited says
If you want to know what drives the value of crypto long term, look at the percentage of the population that owns it.


Absolutely, Bitcoin and crypto is going mainstream and is becoming just another asset class.
We even have a Bitcoin ETF now and Arizona wants to make it legal tender.

https://www.politico.com/news/2022/01/31/crypto-wyoming-arizona-tax-payments-00003910?source=patrick.net

Not only will more people invest in crypto but even companies hold it on their balance sheet. Did you know Tesla bought billions of dollars worth in Bitcoin in order to HODL?
87   Bitcoin   2022 Feb 10, 9:16am  

Its quiet around the Bitcoin hate here.......Ah, I see, Bitcoin recovered from 33k to 45k (today) in a short amt of time. Silence by the haters. Business as usual.
88   Patrick   2022 Mar 2, 11:44am  

https://thepricklypear.org/trudeaus-emergency-act-sent-a-shockwave-through-the-cryptocurrency-world/?source=patrick.net

This shows that crypto is a threat to the elite, and that crypto exchanges are subject to the same kind of politically motivated oppression that banks are.

The idea of crypto is good and solid, imho, but the difficulty is in exchanging crypto for currency and real world goods. That's its weak point.
89   Rin   2022 Mar 2, 1:46pm  

Patrick says
The idea of crypto is good and solid, imho, but the difficulty is in exchanging crypto for currency and real world goods. That's its weak point.


The thing here is that it's not a finished good yet. In our current system of things, there'll need to be a bunch of intermediary companies, swapping crypto for gold, silver, or cash (USD, EUR, GBP) and then, alternate companies which can provide end user services, without needing the middle man of a bank.

And thus, just like with VPN, ppl won't know the identity of the end user and be able to put a political hit on him.
90   Tenpoundbass   2022 Mar 2, 3:30pm  

Yeah because the Fed would never sieze the Bitcoin operation and shut it down, and some Wokester Shitass that Mitch McConnel and Lindsey Graham will surely confirm that Joe Biden nominates to some post, would never tell the banks to "Don't convert digital currency to Cash."

You guys all know, that all it takes to kill Bitcoin and all digital currency is for one or two countries to outlaw trading their currency for Bitcoin?

I wouldn't put it past a Biden nominee to do just that, as the economy tanks and people reject the banks. All they have to do is outlaw selling Digital Currency for money.
91   mostly reader   2022 Mar 2, 4:11pm  

Rin says
Patrick says
The idea of crypto is good and solid, imho, but the difficulty is in exchanging crypto for currency and real world goods. That's its weak point.


The thing here is that it's not a finished good yet. In our current system of things, there'll need to be a bunch of intermediary companies, swapping crypto for gold, silver, or cash (USD, EUR, GBP) and then, alternate companies which can provide end user services, without needing the middle man of a bank.

And thus, just like with VPN, ppl won't know the identity of the end user and be able to put a political hit on him.
That's going to be a problem. Crypto is not a threat to IRS as long as it changes hands within the perimeter and only within the perimeter. But if there's a path through which it escapes while keeping owner's identity anonymous, then I suspect that there will be all kinds of efforts coming from the very top to make that stop. Little things such as pizzas don't matter, but bigger ticket items do. I suspect that this was the real reason why Musk stopped selling cars for bitcoins.
92   just_passing_through   2022 Mar 2, 8:00pm  

Patrick says
That's its weak point.


Not particularly. People can trade bitcorn P2P.

It's still early days Pat. Give the globohomos a bit more time to drive more people to it.
93   Cash   2022 Mar 3, 8:26am  

Russian Central Bank Chief Says Alternative to SWIFT Already in Place

The Bank of Russia’s governor has said that Russia will continue global payments via an alternative to the SWIFT network.
Central bank governor Elvira Nabiullina said its system was ready to take the place of SWIFT.
https://cryptobriefing.com/russian-central-bank-chief-says-alternative-to-swift-already-in-place/?source=patrick.net
94   just_passing_through   2022 Mar 3, 8:29am  

Cash says
Russian Central Bank Chief Says Alternative to SWIFT Already in Place


Yeah, it's been around for quite a while. It's called a telephone. No I am not joking. It just means more phone calls.
95   Cash   2022 Mar 3, 8:39am  

FJB says
Yeah, it's been around for quite a while. It's called a telephone. No I am not joking. It just means more phone calls.
It is a messaging system but not likely by way of voice to voice.
96   just_passing_through   2022 Mar 3, 8:41am  

Cash says
It is a messaging system but not likely by way of voice to voice.


Right, I wasn't discounting your article - I'm sure they are trying to use that new system too. But a LOT of SWIFT blocks are worked around by phone calls. Our corporate media never mentions that when they speak of sanctions.
97   clambo   2022 Mar 3, 9:03am  

I’m guilty too, but talking about crypto is like talking about jerking off.

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