Bitcoin price suddenly surges to 3-year high

sepheronx · Apr 24, 2021

I think we will just have to wait and see, no?

The story comes out, but there is much more to it than just all the news hoopla. What is ridiculous is the people who think this is the end.

So it is you vs what everyone else says.

ZenZimZaliben · Apr 24, 2021

Because no one knew anything before the news said it...right? Insider information isn't real and only when the news announces something does it actually become true. Also I'm sure Biden just woke up that morning and executed it, no prior plans, no mention...just like yup, today Im raising capital gains 40%....Talk about ridiculous...

I really get tired of all the salt people throw in here if crypto expeinces a drop. Pretty sure it is soley to make themselves feel better for not buying into Crypto years, and years ago.

64K · Apr 24, 2021

lynx29 said:
that's fair. also we have seen two world governments fall, Venezuela and I forget which other one, and guess what currency the people started using... when their fiat became worthless... crypto.

so... I mean no world government is immune from this risk. America thinks it is, but it isn't. it's amazing to me how dumb the people in power can be on both sides of the aisle sometimes to boot... so yes it probably will happen eventually. and Bitcoin is a slave to no single nation, which is what gives it its true power.

i regret not mining in 2012 when I started looking into it. I had a 7990 back then too. but i know my personality... i would have sold it when it hit $200 for the first time thinking i was rich as crap. lol eh.

I get what you are saying but bear in mind the US dollar is the World Reserve Currency. We are bound to have inflation in the future but there is more safety in the US dollar than was in the Venezualean Bolivar.

Will the U.S. Dollar Lose Its Place as the World's No. 1 Reserve Currency?

Some fear stimulus spending to offset the worst of the economic shutdown during the COVID-19 pandemic and the Federal Reserve's injection of billions into the economy threaten the U.S. dollar's standing as the world's reserve currency.

www.newsweek.com

sepheronx · Apr 24, 2021

ZenZimZaliben said:
Because no one knew anything before the news said it...right? Insider information isn't real and only when the news announces something does it actually become true. Also I'm sure Biden just woke up that morning and executed it, no prior plans, no mention...just like yup, today Im raising capital gains 40%....Talk about ridiculous....

Let him be. He will come up with some other excuse later on as to why it grew and then will take a dump again. Rinse and repeat. He can call everyone else ridiculous.

RandallFlagg · Apr 24, 2021

ZenZimZaliben said:
Because no one knew anything before the news said it...right? Insider information isn't real and only when the news announces something does it actually become true. Also I'm sure Biden just woke up that morning and executed it, no prior plans, no mention...just like yup, today Im raising capital gains 40%....Talk about ridiculous...

I really get tired of all the salt people throw in here if crypto expeinces a drop. Pretty sure it is soley to make themselves feel better for not buying into Crypto years, and years ago.

Those paying attention knew about Biden's tax plans last year during the election. The only thing that has changed is that he now says he is only taxing people making over 400K/ year (2% of US households fit this criteria), while during the election it was people making over $1M / year.

OFC this is all bunk from a politician. The ones affected most will be those who make between 137K and 400K, as the plan also raises the cap on SS from 137K to 400K.

ZenZimZaliben · Apr 24, 2021

Those paying attention..Like people in the Stock and Crypto Markets?

trog100 · Apr 25, 2021

ZenZimZaliben said:
Because no one knew anything before the news said it...right? Insider information isn't real and only when the news announces something does it actually become true. Also I'm sure Biden just woke up that morning and executed it, no prior plans, no mention...just like yup, today Im raising capital gains 40%....Talk about ridiculous...

I really get tired of all the salt people throw in here if crypto expeinces a drop. Pretty sure it is soley to make themselves feel better for not buying into Crypto years, and years ago.

coiners and no coiners.. one tries to justify having crypto the other tries to justify not having crypto.. pretty simple really..

trog

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ZenZimZaliben · Apr 26, 2021

Looks like 50k'ish is now the floor. Not sure how strong the floor is but seems to be pretty solid.

Colddecked · Apr 26, 2021

Its pretty strong, like the 2200 dollar point for ETH...

Space Lynx · Apr 26, 2021

ZenZimZaliben said:
Not sure how strong the floor is but seems to be pretty solid.

that's what she said

trog100 · Apr 26, 2021

it would seem that he who controls the price of bitcoin controls the price of the entire crypto market.. strange but true..

i am still a firm believer that the bitcoin price is being manipulated.. it dosnt bother me that much because i also believe that the people doing the manipulating ultimately want the price to go up..

trog

Space Lynx · Apr 26, 2021

trog100 said:
it would that he who controls the price of bitcoin controls the price of the entire crypto market.. strange but true..

trog

i still think in like 10 years, quantum computing will be able to hack sha-256 and ruin the entire network/infect it of bitcoin. isn't it secured with sha-256 or something? i can't remember, but even if not just replace sha-256 with whatever it is called and i think it won't last. nothing is unhackable once the computing power reaches enough end point, and those with the most computing power... nefarious governments with supercomputers... so if they wanted to I almost wonder if they could bring down the entire bitcoin network now if they wanted. all computers update to the latest node mined right? its like a simultaneous update across all pc's on the blockchain, so if you corrupted the blockchain with an update, it could bring them all down at once, or the vast majority anyway?

ZenZimZaliben · Apr 26, 2021

Yes, SHA256 and you might be right. That is still long ways off. However if that does happen it won't be just BTC. The entire Banking world is screwed. Every secret the .Gov has would be readable unless on paper. Way, way bigger things to be afraid of.

Space Lynx · Apr 26, 2021

ZenZimZaliben said:
Yes, SHA256 and you might be right. That is still long ways off. However if that does happen it won't be just BTC. The entire Banking world is screwed. Every secret the .Gov has would be readable unless on paper. Way, way bigger things to be afraid of.

ya I don't care either way, just was saying lol

I'm sure governments of the world leave the most... important stuff off computers still, but I could be wrong, it does seem to be they hire very inept people sometimes LOL

ZenZimZaliben · Apr 26, 2021

Yeah, All I am saying is that when that happens it is going to change everything. In area's you wouldn't even think to look. If you thought cracking the Enigma Code was impressive, just wait for Quantum Computing. Potentially very disruptive, but who knows maybe it will also push us into a new age of enlightenment.

mtcn77 · Apr 26, 2021

This is like an accountant's dream, imo.

Have money,
Put money in the ledger book to make virtual transactions,
Debit cold hard cash.

It is like how to cook the books 101.

dhklopp · Apr 29, 2021

My boss has been going on about WenLambo all week. It launches tonight at 1900 and he reckons the price will skyrocket. @WenLamboDefi is their Twitter handle. I'm gonna chuck a couple of hundred at it and pray

.

kayjay010101 · Apr 29, 2021

dhklopp said:
My boss has been going on about WenLambo all week. It launches tonight at 1900 and he reckons the price will skyrocket. @WenLamboDefi is their Twitter handle. I'm gonna chuck a couple of hundred at it and pray

.

Such an obvious scam lol
The phrase 'Wen Lambo' is an inside-joke in the crypto community

Outback Bronze · Apr 29, 2021

kayjay010101 said:
Such an obvious scam lol
The phrase 'Wen Lambo' is an inside-joke in the crypto community

Well Dogecoin took off..

kayjay010101 · Apr 29, 2021

Outback Bronze said:
Well Dogecoin took off..

I suppose so, but Dogecoin doesn't have any possible exit plan.
This WenLambo thing hasn't had any audits or anything.

Space Lynx · Apr 29, 2021

Outback Bronze said:
Well Dogecoin took off..

not really. it was 29 cents a couple days ago... it sonly 30 cents now after dipping down to 23 cents for a few days.

dhklopp said:
My boss has been going on about WenLambo all week. It launches tonight at 1900 and he reckons the price will skyrocket. @WenLamboDefi is their Twitter handle. I'm gonna chuck a couple of hundred at it and pray

.

have fun losing your money. dumbest coin I have heard of.

kayjay010101 · Apr 29, 2021

lynx29 said:
not really. it was 29 cents a couple days ago... it sonly 30 cents now after dipping down to 23 cents for a few days.

have fun losing your money. dumbest coin I have heard of.

To be fair, single unit price is irrelevant.
An asset having a 6400% return in under 4 months is definitely what I'd call taking off.

Outback Bronze · Apr 29, 2021

lynx29 said:
not really

Really?? It wasn't even 1 cent in January..

Space Lynx · Apr 29, 2021

Outback Bronze said:
Really?? It wasn't even 1 cent in January..

i thought you were referencing the short term gains of last few weeks.

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Bitcoin price suddenly surges to 3-year high

sepheronx

ZenZimZaliben

64K

Will the U.S. Dollar Lose Its Place as the World's No. 1 Reserve Currency?

sepheronx

RandallFlagg

ZenZimZaliben

trog100

P4-630

BITMAIN

ZenZimZaliben

Colddecked

Space Lynx

Astronaut

trog100

Space Lynx

Astronaut

ZenZimZaliben

Space Lynx

Astronaut

ZenZimZaliben

mtcn77

dhklopp

kayjay010101

Outback Bronze

Moderator

kayjay010101

Space Lynx

Astronaut

kayjay010101

Outback Bronze

Moderator

Space Lynx

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