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Well it should… last time BTC hit 50k we was at 2.80ish. I know there was dilution but no where near that much. Hopefully your theory is correct.
Those ‘never going above £1 ever again’ posts yesterday aged well ha ha clowns
So many people crying because BTC price was too high to buy a reasonable amount or missed the boat here… Price over halves and the same people still won’t buy. Will just cry again next time it is up.
I follow a guy who posts all the funds positions slowly increasing and still accumulating in these scary times… I wonder why that is.
I’m holding. I had an exit price. Hoping the bull run isn’t over. But if it is, just means my exit price will be far higher come the next bull run. 2017/2018, loads of people panicking and selling at a loss, what if they had just held…
Not only that but I’m sure these miners will locate from China to another country where possible. Just take a bit of time.
So what if BTC breaks 100k as predicted by the S2F model in the near future? Which to date, the BTC price has followed it exactly. Still think it will only be £1 then? There’s plenty of people who will be thinking this price is a bargain or not far off their hopeful entry. Ps. 100k is a very conservative top prediction. The S2FX model predicts far higher.
Down load stocktwits
Maybe the seller just wanted to realise his gains.
Some people don’t want paper losses or profits forever. Which quite often disappear if you hold too long. If my holding was as big as theirs, I’d been off as well after a huge rise. Why risk millions when you don’t need to after such a huge rise.
If I’d gone all in on my portfolio into this which I almost did, I’d 100% sold by now. Even if I do still think this doubles / trebles or possibly quadruples from here.
Keep seeing people mention the dilution but that latest announcement wasn’t much at all.
Maybe people in the know, know Nasdaq announcement is coming and they’re holding it down to fill big orders... same thing is happening in US to what happened to us today.
Yeah I’m completely baffled by today’s price action.
We were fair bit higher with BTC at 51k.
Yeah I guess so. Century old problems still remain ha
Anyways, just some shower thoughts.
I personally see global acceptance of BTC but always alongside FIAT.
I read all the arguments for a world of only BTC n they always seem very 1 sided. Not aimed at anyone on this board. More like the socials pumping it.
I’m no expert at all but a few thoughts I’ve had...
So QE, not great for the average person but that also has positive uses for the Gov. That wouldn’t exist at all.
We live in a world where the rich will always get richer. So a BTC only world, how does that work when less n less trickles down...
Then you have natural inflation of everyone raising their prices... nothing to combat that either.
I see the 2 being tied together forever. Some sort of well balanced compromise.
At least they waited till after this big rise. Would of been a lot worse had it been done sub 10p.
I considered selling half or all of my holding in the 1.20’s, this time round would of been the correct play. Considering BTC dropped 10k over a weekend outside of trading hours, the complete opposite can also happen, decided to hold rather than try be smart.
Very confident BTC hasn’t hit its ATH this Bullrun, so I’m happy to just hold rather than potentially miss another big rise. Seems everyone is panicking over here and you read the US boards and they see it as extremely cheap.
Very impressed how the s.p has held after that drop from 42k, exciting times when the next big move up in BTC occurs
Likely filling a big order hopefully
Tax free in an ISA mate
I’m no TA expert but the Bitcoin weekly chart looks like it’s heading towards a break out... I just really hope it’s up and we’ll be flying here!
This is insane! I’m just gutted when I bought, it wouldn’t allow me to purchase what I wanted to. Kept going lower until it went through. Small trade of £800 now worth over 5k. Insane. 2nd best performer I’ve ever had.
My spread is showing 42p buy and 29 sell... on HL. What the...