This sounds like a dumpster fire if you can just print money.
If it's not backed by gold it doesn't mean anything
the dollar has not been backed by gold since Nixon
This sounds like a dumpster fire if you can just print money.
If it's not backed by gold it doesn't mean anything
the dollar has not been backed by gold since Nixon
This sounds like a dumpster fire if you can just print money.
If it's not backed by gold it doesn't mean anything
A mineral is no better than bitcoin.
I understand but we need to go back to it.Nor has any major currency. If the US went back on the gold standard and no one else did it would cause a great depression part 2. How come no one asks if this is what Ron Paul and his followers want?
bitcoin getting crushed... now 31k
This sounds like a dumpster fire if you can just print money.
If it's not backed by gold it doesn't mean anything
Fake rumor.NOT FREAKIN GOOD...............unsure what this means.....sorry for the large letters......NOT trying to be dramatic or negative.....i've sold no crypto today...
Bitcoin falls 11% after report suggests a critical flaw in the cryptocurrency called 'double spend' may have occurred
..https://markets.businessinsider.com...aw-critical-report-suggests-2021-1-1029990921
The Asian value buyers stepping in for now, but a lot of charting analysts said a test of 30k was likely no matter what news noise there was. So here it is, lets see if its washed out some weak holders for now.
I do have to say the Yellen comments are quite disturbing. BTC won't go to zero because of such regulations, but it will prevent a lot of institutional money from getting into it and put a real ceiling on its price for a long time to come if hard regulation does come to pass.
Don't rule out a retest of 20k
Another test of 30k makes sense. I don't think it will test 20, if it gets near it then it will just blow through it. If it gets much below 30 then you'll get a lot of liquidation and profit taking and frankly that goes all the way back to the teens.
It traded 28,3 other day, no?
That's a test. It goes slightly below a key level and then you watch to see if it gets support. So far so good, but could easily see 30k getting tested again. In this crazy market of prices moving 10% in an hour or two technical levels are just ranges.
A mineral is no better than bitcoin.
We've had bull runs in 2011, 2013, 2017 and 2021. There are always 30-40% drops during these runs. People grab profits now and then. The nice thing about the previous bull runs is that the gains are huge compared to the prior all time high.Except it's been a store of value for over 1000 years. Don't get me wrong; I like bitcoin and am (currently) invested in the BLOK. I am a long term believer. But yesterday was big; to open up 5% and finish down, it looks like its topped out and the chart is breaking. There will be plenty of chances to buy at lower levels.
Love it. Funny, I posted that one yesterday across the street.raiders look at UNi on coinbase... it keeps going up
Uniswap is the play right now.
https://www.jpost.com/breaking-news...t-after-elon-musk-namecheck-on-twitter-657153Bitcoin soars 14% after Elon Musk namecheck on Twitter