Bonta
2022-03-29

Yes. Bitcoin will jump above $50k. 

If AMC with 1 leg in coffin, can invest in a mining company with also 1 leg in The Coffin, yet market rallies more than 40%. 

Bitcoin will do the same. 

I guess people do maths differently. Some people add like this, (1 leg in coffin) + (1 leg incoffin) = bounce to the moon.

Guess my equation of (1 leg in coffin) + (1 leg in coffin) = Rest In Peace. Doesn't work around here I guess. 

Bitcoin is even more mythical.

value of Bitcoin is derived from having fixed quantity in the world? 

If so, just get Elon musk to sign on 10000 different sized rocks with a unique signature and make him promise not to use this signature ever again. 

There u have it. A new currency that's Unique, limited in quantity and backed by Elon musk himself. 

Maybe we should sell this idea to him. [Cool] 

Is it true that Bitcoin transactions can't be traced? 

maybe u would be interested in this article. 

https://www.businessinsider.in/investment/news/bitcoin-does-not-make-payments-anonymous-just-really-hard-to-trace/amp_articleshow/85068905.cms

In addition, the war in ukraine makes it evenworse for Bitcoin. It supports ukraine but it also helps Russia avoids sanction. 

If Bitcoin Can allow Russia to avoid sanctions, will the countries imposing sanctions on Russia allow bitcoin's long term survival? 

The worth of Bitcoin To me is built on the greater fool theory. Last man take all. 

when retail investors play speculation with the whales, be prepared for the flip of the whale's tail. 

In conclusion, short term Bitcoin will fly somewhere, anywhere. maybe to the moon with $AMC Entertainment(AMC)$?

Long term, may the last man standing with Bitcoin be blessed with lots of good luck. 

Crypto Trading Group
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Comments

  • JoeCool
    2022-03-30
    JoeCool
    speaking about rocks, this will blow your mind: Ether rock

    https://www.cnbc.com/2021/08/23/people-are-paying-millions-of-dollars-for-digital-pictures-of-rocks.html

    • Bonta
      rich people everywhere. [Onlooker]
  • OpenSesame88
    2022-03-30
    OpenSesame88
    don't understand bitcoin but I will buy $Coinbase Global, Inc.(COIN)$
    • Bonta
      Betting on broker is safer. Can gain comissions even when rocks are being traded anw.
  • Gcwj
    2022-03-30
    Gcwj
    $53-55K followed by $20K
    • Bonta
      [LOL]should i call u an optimist or pessimist then [Cool]
  • JosHi5
    2022-03-30
    JosHi5
    since Swift block Russia , will Russia use crypto to avoid sanction ?
  • Eddie318
    2022-03-30
    Eddie318
    wow, will it go over 50k?
    • Bonta
      No idea. I am not exactly a fan of bitcoin. [LOL] have to ask the bitcoin gods. If there is ever one
  • PrimeBlue
    2022-03-30
    PrimeBlue
    There is much pent up demand for bitcoin now
    • Bonta
      Ya. Its Similar to pent up demand for omega & swatch plastic watch. Something which i also dun understand. [Helpless]
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