Bradley_cares
Long

Think twice about selling bitcoin and waking away!

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Take a look at the daily BTC/USD log scale chart and we can see where she is headed! We will correct along the way...and once we reach the top, that correction to the bottom of the channel will be harsh! but we can be confident that the top for Bitcoin is a long way off. My hat will be off to the one who can sell the top and buy the bottom @ 100% profit !!
Just wait until Wall Street will take advantage of volatility dump it to its real value and shorting will become new norm to profit off BTC.
Reply
Bradley_cares BugattiBoy7
@BugattiBoy7, i agree wall street will increase volatility on a small scale. however i do believe BTC is showing its real value accurately. Given that there are only 21 million bitcoins that can ever exist. At this time the world economy is treating bitcoin as the new gold( a store of wealth) most people are buying and holding longterm as a safe haven for their wealth. Its no secret that bitcoin is too slow and expensive to be used in regular daily transactions(just like real gold) imagine if only 21 million bars of gold existed in the world...how much would just one bar be worth? Its a fact that there will never be enough bitcoins in existence for every current millionaire in the united states to own 1 bitcoin....now imagine how many millionaires exist worldwide.....we are now seeing the strong adaptation of this new world currency as people are realizing its scarcity
Reply
BugattiBoy7 Bradley_cares
@Bradley_cares, Lol what people? Millenials that have no clue about what they're investing in? This price movement is not by the average joe buying into it, it's done by insiders pumping it. This is just like tulip bulb bubble or any bubble for that matter. This is far from safe haven to invest in. The volatility of this makes it far from safe, now add futures trading. There is no real use for bitcoin other than invest and "hodl on boyz". This will change soon when people see how markets work. You may think there is strong adaptation, but it's all insiders controlling price. As far as millionaires worldwide, you answered your question there's alot so why are they skeptical about it? They want to invest in something safe lol not something that increased 1100% in year without any real pull backs.
Reply
king_crypto BugattiBoy7
@BugattiBoy7, I agree, this dude is delusional. Bitcoin is basically worthless beside trying to ride this pump. Store of value? I think he legitimately must be joking.
+1 Reply
king_crypto Bradley_cares
@Bradley_cares, This comment is egregious. You must be joking. Bitcoin showing its real value of $150 Billion dollars? I didn't realize that transactions that take hours, fees that are insanely high, and a community that can't even figure out the best way to move forward are worth that much. Oh, by the way, Mastercard is worth $161 billion and Visa is worth $250 billion. But those completely legitimate companies with their product in nearly every household and company in the developed world are worth only a small percentage more than your beloved bitcoin.
Reply
Bradley_cares king_crypto
@king_crypto, lol, you should change your name to unsure_crypto
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Bradley_cares Bradley_cares
@Bradley_cares, a king would have bought BTC years ago
Reply
king_crypto Bradley_cares
@Bradley_cares, It takes a special type of person to look at the exponential growth over the last year and go "Yeah, thats normal". Just call it what it is. Pure speculation.
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