Bitcoin price suddenly surges to 3-year high

Space Lynx · Apr 13, 2021

ZenZimZaliben said:
Let me tell you the otherside of that coin. I did spend BTC, about 5 of them. For a healthy down payment on a new car, a nice car 5BTC @ 10k each. Now I totally regret that. While the car was nice, it was not 300k nice. Plus I had to pay taxes on that "realized" gain. Never AGAIN...or until I am ready to retire.

Understandable, you still are missing my point though, as you bought a 50k car it sounds like, and that is not in line with what I was getting at all anyway. It's cool though g, you do you.

moproblems99 · Apr 13, 2021

lynx29 said:
Understandable, you still are missing my point though, as you bought a 50k car it sounds like, and that is not in line with what I was getting at all anyway. It's cool though g, you do you.

I think you missed his point. Clearly, he needs moar money.

Space Lynx · Apr 13, 2021

moproblems99 said:
I think you missed his point. Clearly, he needs moar money.

ye.

trog100 · Apr 13, 2021

ZenZimZaliben said:
Let me tell you the otherside of that coin. I did spend BTC, about 5 of them. For a healthy down payment on a new car, a nice car 5BTC @ 10k each. Now I totally regret that. While the car was nice, it was not 300k nice. Plus I had to pay taxes on that "realized" gain. Never AGAIN...or until I am ready to retire.

yes bitcoin is far too valuable to waste buying things with.. he he..

trog

Caring1 · Apr 13, 2021

Hold on to those Bitcoins.

Bullish On Bitcoin, Bloomberg Predicts $400,000 Price By 2022

Bloomberg, the Manhattan-based titan of media and financial services, published a report this month claiming that bitcoin’s price will spike sharply by the end of the year.

www.nasdaq.com

Space Lynx · Apr 13, 2021

Caring1 said:
Hold on to those Bitcoins.

Bullish On Bitcoin, Bloomberg Predicts $400,000 Price By 2022

Bloomberg, the Manhattan-based titan of media and financial services, published a report this month claiming that bitcoin’s price will spike sharply by the end of the year.

www.nasdaq.com

I used to believe it not possible, but with the way world governments keep spending money regardless of political affiliation and never paying it back... yeah the illusion can't last forever. When the treasury secretary of USA said he was ok with inflation, my jaw kind of dropped... I feel really bad for disabled fixed income people right now. America has truly become the every man for himself state of being.

R0H1T · Apr 13, 2021

lynx29 said:
America has truly become the every man for himself state of being.

Well that really applies to most nations on earth, if not every single one of them!

Space Lynx · Apr 13, 2021

R0H1T said:
Well that really applies to most nations on earth, if not every single one of them!

I lived in Finland for several months, it does not apply there. I loved it there too, was very lovely place. Lowest crime rate in the world. :rockout:

trog100 · Apr 13, 2021

bitcoin just hit 63K with eth at 2240... two new all time highs i think..

trog

64K · Apr 13, 2021

trog100 said:
bitcoin just hit 63K with eth at 2240... two new all time highs i think..

trog

Yes, they are both still going up. Some are saying that there will be a crypto-currency crash this year but it certainly doesn't look like it.

R0H1T · Apr 13, 2021

There's a good chance that there'll be a stock market crash as well, haven't seen a major one like 2008 in quite a while!

ZenZimZaliben · Apr 13, 2021

Student Loan Crash, Auto Loan Crash, Housing Crash, Stock Market Crash, Crypto-Crash - There are so many "crashes" coming.

Oh don't forgot for those that trade Stock. Coinbase IPO April 14th!!

sepheronx · Apr 13, 2021

ZenZimZaliben said:
Student Loan Crash, Auto Loan Crash, Housing Crash, Stock Market Crash, Crypto-Crash - There are so many "crashes" coming.

Oh don't forgot for those that trade Stock. Coinbase IPO April 14th!!

Ill check this out.

Space Lynx · Apr 13, 2021

yes humans super excited for the new IPO and short term riches, as usual. I do feel bad for future humans, there is no stopping the machine now. at least I get to live in a relatively peaceful time I suppose. I do not envy the mass famines due to climate change incoming though.

ZenZimZaliben · Apr 13, 2021

lynx29 said:
yes humans super excited for the new IPO and short term riches, as usual. I do feel bad for future humans, there is no stopping the machine now. at least I get to live in a relatively peaceful time I suppose. I do not envy the mass famines due to climate change incoming though.

What does that even mean? Are you just being a Debbie Downer?

Space Lynx · Apr 13, 2021

ZenZimZaliben said:
What does that even mean? Are you just being a Debbie Downer?

View attachment 196581

a realist, unfortunately i minored in economics and I can see there is no stopping the mining machine now. you may not believe in man made climate change, but I assure you when the grocery stores are empty in 15-20 years you will remember these messages.

R-T-B · Apr 13, 2021

lynx29 said:
a realist, unfortunately i minored in economics and I can see there is no stopping the mining machine now. you may not believe in man made climate change, but I assure you when the grocery stores are empty in 15-20 years you will remember these messages.

You aren't wrong but I see the famines as inevitable at this point and mining as like a drop in a bucket that's already overflowing, sadly.

As much as everyone should be talking about it, it's OT for here.

trog100 · Apr 14, 2021

bitcoin is now at 65K with eth at 2400..

things look to be moving nicely..

trog

hat · Apr 14, 2021

Difficulty seems to be increasing faster than the prices are. Lots of people getting in the game it seems...

64K · Apr 14, 2021

hat said:
Difficulty seems to be increasing faster than the prices are. Lots of people getting in the game it seems...

That's something I've wondered about. Why was this set up to be harder and harder to mine new crypto? I think it just promotes miners to fall out of mining eventually unless the value keeps going up.

trog100 · Apr 14, 2021

hat said:
Difficulty seems to be increasing faster than the prices are. Lots of people getting in the game it seems...

yes rewards have dropped off and i think the total hash rate has nearly double over the last month.. a lot more mining is going on..

having said that prices also stagnated over this same time period.. the eth price needs to rise a fair bit to bring the rewards back up.. i think it will do this though..

trog

trog100 · Apr 18, 2021

interesting times.. we are seeing a crypto flash crash.. what happens next.. ??

bitcoin now at 55K and eth at 2100-ish..

i think its whales playing whale games and highly leveraged traders.. the highly leveraged traders got liquidated.. ouch..

trog

Space Lynx · Apr 18, 2021

trog100 said:
yes rewards have dropped off and i think the total hash rate has nearly double over the last month.. a lot more mining is going on..

having said that prices also stagnated over this same time period.. the eth price needs to rise a fair bit to bring the rewards back up.. i think it will do this though..

trog

eth growth is dependent upon NFT growth, which appears to be just a fad after all so far.

Final_Fighter · Apr 18, 2021

trog100 said:
interesting times.. we are seeing a crypto flash crash.. what happens next.. ??

bitcoin now at 55K and eth at 2100-ish..

i think its whales playing whale games and highly leveraged traders.. the highly leveraged traders got liquidated.. ouch..

trog

its a cycle. im going to wait a while tho before i pick up more coins tho. it may go down a few more % but there are to many big players in now for a crash. folks taking profits.

on a side note: i personally believe that eth will go the way of eth classic with bsc in the game. just something for people who are mining eth need to watch out for. bsc is just to darn similar to eth that you can even migrate your wallets over and keep the same address using metamask. of course you dont have your erc assets on the bsc but i think eths days are growing short if they dont deal with gas fees.

Space Lynx · Apr 18, 2021

Final_Fighter said:
its a cycle. im going to wait a while tho before i pick up more coins tho. it may go down a few more % but there are to many big players in now for a crash. folks taking profits.

on a side note: i personally believe that eth will go the way of eth classic with bsc in the game. just something for people who are mining eth need to watch out for. bsc is just to darn similar to eth that you can even migrate your wallets over and keep the same address using metamask. of course you dont have your erc assets on the bsc but i think eths days are growing short if they dont deal with gas fees.

its not a cycle at all, its unregulated market manipulation by whales to get rich quick. and it will never end. so well, yes actually you are correct it is a cycle LOL

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Bitcoin price suddenly surges to 3-year high

Space Lynx

Astronaut

moproblems99

Space Lynx

Astronaut

trog100

Caring1

Bullish On Bitcoin, Bloomberg Predicts $400,000 Price By 2022

Space Lynx

Astronaut

Bullish On Bitcoin, Bloomberg Predicts $400,000 Price By 2022

R0H1T

Space Lynx

Astronaut

trog100

64K

R0H1T

ZenZimZaliben

sepheronx

Space Lynx

Astronaut

ZenZimZaliben

Space Lynx

Astronaut

R-T-B

trog100

hat

Enthusiast

64K

trog100

trog100

Space Lynx

Astronaut

Final_Fighter

Space Lynx

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