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Make your vote, Bitcoin will hit 18K now?
- Thread starter SoNewToAllShit
- Start date
in my eyes 20k USD will be psychologically very hard to break... I'd love to buy at 10-15k though
And I will keep doing that until there are btc available for sale at a decent price. That is anything below $1m.
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At this point, it all depends on the stock markets. It is that simple. If the markets do down, then Bitcoin will go down (as investors deleverage). If the markets go up, then Bitcoin will likely go back up.
If we enter a bear market (as the NASDAQ already is in), then Bitcoin is in deep trouble.
If we enter a bear market (as the NASDAQ already is in), then Bitcoin is in deep trouble.
If that happens it would only mean that people have sold many coins for USDT.
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Do not joke about such things. Life is a precious gift from God. And all things in life are transitory.
Just learn from your mistakes, gather wisdom, and forge ahead. Take some time off to reflect on what is truly important in life.
This poll is for the price of Bitcoin "this week." (See OP) Although Bitcoin might eventually hit $10k, there is a near zero chance of it happening this week.
But if it hits $18k this week, then it certainly could hit $10k next week. Again, it depends on the price action in the stock markets.
Exactly, but it shows that in the end people have more faith in fiat US dollars than crypto...lol. USDT has by far the biggest trading volume right now....mirroring the fiat world.
BTC and USDT do not compete - they have different legit use cases these days
people from third world countries that have zero to low property rights will obviously use USDT
the main purpose of BTC nowadays is long term conservation of value where there is literally no alternative
Why would there ever be no possible alternative? Especially for a long term conservation of value. I cannot imagine such a scenario.
On the other hand, I can imagine scenarios where the worldwide net goes down -- or an electromagnetic pulse takes out electrical grids. Both scenarios would make Bitcoin worthless.
I meant COMPARABLE alternatives - bitcoin beats everything - gold, real estate, stock, bonds, diamonds, physical cash, ...
on the contrary, banks, payment processors, card operator are the fragile ones - BTC is the only thing that would survive world wide blackout, power grid failure or "outage of internet" (what a funny thing to say), nuclear war, real pandemic, etc.
A blockchain can exist on paper, carved on stone, etc. Whereas banks books get cooked and recooked every day… if they even exist.
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