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trunkmonk

06/01/21 1:01 PM

#22107 RE: Strategyone #22106

The real awakening, and bitcoin crash, will be when people get smart and realize it’s just a ponzi and they are at the bottom of the pyramid holding up the ones at the top cracking up...basically at the thought of suckers enabling them to live off their part in the ponzi.
Me, I just gonna make money off the slow demise.

Nebuchadnezzar

06/01/21 1:04 PM

#22108 RE: Strategyone #22106

you missed the point. that money COMES OUT in the form of selling and liquidity goes away.

tax money rarely comes back. it took a Pandemic for Bitcoin to get to $64000. let that sink in.


once more people realize this, they will start cashing in. Their is excess liquidity in the markets bc of a Pandemic. 2022-2024 will be tough lessons for investors who fail to plan for what's coming down the road

Nebuchadnezzar

06/01/21 1:49 PM

#22113 RE: Strategyone #22106

0001 to $1.00, Bitcoin $64000 to $29000 LOL ouch

keep tying that money up in over priced crypto crap

ap17

06/01/21 5:38 PM

#22120 RE: Strategyone #22106

Agreed! They are small minded arguments from the math challenged. The Dinosaurs still make the IDIOTIC arguments calling it a ponzi, those are the MOST clueless dinosaurs, same that made the IDIOTIC 2k BTC call. How'd that work out for them? BTC is simply ranging now, and has been. When it goes up, they go into hiding. DOWN, they make the false claims of having called it. OTFLMAO at that joke.
Only the entrenched dinosaurs think BTC is a bubble, where as BTC will be here long after the USD bubble bursts. 2140 at a minimum. No idiotic 2k BTC forecasts....the embarrassment of the centry.
AVOID the Dinosaur analysis where they apply 70+ year old T & A to a brand new asset class that's only 12 yrs old.(clear demonstration to the world, they have no clue).