who tf is paying 18k for 1 BTC?
Who tf is paying 18k for 1 BTC?
Liam Ramirez
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Isaac Richardson
The Chinese, Ray Dalio, and Maisie Williams
Josiah Garcia
Institutions
Asher Long
Me. I'll dump at 36k tho
Ryder Parker
People who looked at the monthly chart
Brayden Sanders
Tether is about to cause the most catastrophic rug-pull in human history.
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New information on the tether lawsuit:
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As of today, seven-day printing-rate of tether is $38 billion per annum.
I suspect that the CFTC knows that tether is a scam, but they won't audit it for the same reason that they won't audit the COMEX. Crypto is an Adam Back/Blockstream-created ponzi to split the anti-fiat community. The COMEX already would have gone bankrupt if our efforts had been fully concentrated on physical silver during these past ten years. Once fiat collapses, BTC becomes priced in gold, and all crypto (as being the fruit of the poisoned tree) immediately goes to zero.
"To overturn the history of gold is wishful thinking. Fully backed Gold and silver substitutes and circulating coins are practical and acceptable for 7bn transacting individuals. BTC will then have no role and sink to zero priced in gold." - Alasdair Macleod, 8 November 2020
BTC requires $100-fees and 3-day transaction times when even 0.1% of the world population attempts to use it as a currency; the only solution is to go through Blockstream’s second-layer solutions which track and trace everything you do. Blockstream is controlled by the banks and the Bilderberg Group. Projects like BCH are not the answer, since they are just as liable to human corruption as BTC was.
Not only is BTC worthless as a currency, but gold-backed crypto already exists. We don't need BTC for anything.
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Also, gold-backed yuan and rubles will soon be used in the banking system.
Justin Robinson
Yes, because you can only buy a whole coin at a time, no more, no less.
Aiden Roberts
its not about the dollar price anymore. its about buying into something thats inflation proof. regular dollars are about to experience the biggest inflation ever for atleast 5 years due to printing. some smart financial people expect up to 15pct inflation on any scarce and quality goods per year.
imagine if you were a person that had 10 million dollars. would you want to lose 15pct of your purschasing power per year? no. you don.t
whats the best place to beat inflation?
Gold? no its not
Stocks? no its not, stocks are inflated and fake. banks and institutions have been given printed money to keepthem up this year.
Bitcoin? was designed for exaclty this.
Adrian Myers
What is 18k compared to 100k in a year?
Lincoln Myers
$0.00018 per sat that's a good deal
Landon Baker
the monthly chart looks like it will dump any moment, how stupid are you?
Dylan Price
I am, I think it's a good idea strategically.
Kayden Davis
....must we do this fucking shit for another year?
You idiots said the same thing when we were under $500
Cooper Williams
target is $0.01 per sat so yes it is
Noah Evans
Xavier Ramirez
What a retard
Colton Miller
>Spreading 2017 Tether FUD in 2020
Tyler Long
Isn't the reddit thread recent?
Ayden Ortiz
>posting this in every thread
Someone is feeling the squeeze. You alright, bobo?
Lincoln Russell
plebs and those rich enough to not give a shit about short term activity
Bentley Phillips
incredibly based. no fucking way btc goes past 40k in this short term bubble we're in
Jonathan Williams
this comes to my doubt collection
Michael Reed
This is what FOMO looks like. Expect a sell off to come somewhere between 19,000 and 21,000. Just because BTC will be 200k in a year doesn't mean that there won't be huge volatility throughout this cycle.
Fpbp
That doesn't mean he bought at 18k he probably bought it at 10k
Dominic Fisher
>China dumping USD and pumping BTC
hot
Parker Barnes
that's fine, risk tolerance is a personal thing. i bought a shitload when we were in an accumulation phase over the summer, so i don't mind selling conservatively on the way up and potentially missing out. inevitably this short term bubble will retrace, and i'm not a poor little bitch so i'll have more money to reaccumulate + the proceeds from my sells at higher levels.
Owen Perez
Enjoyed reading this user.
James Murphy
Paypal users
But you dirty pajeets will be paying 35k next year and you will still learn to like it.
Hunter Clark
tether printer guy
Dominic Davis
17 billion tether vs 500 billion market cap for crypto. they’re pumping the market but not by much.
eventually people will move to better stablecoins like usdc, or stablecoins backed by governments. the good news is they wont be able to hide the dollar’s falling buying power, when anyone can just search a usd to bitcoin chart. the same goes for gold to bitcoin btw. crypto has its problems but as it stands it’s the best hedge against inflation that exists right now. that’s why hedge funds will continue buy it up even up to $1 million per bitcoin.
Sebastian James
If the alleged use of Bitcoin is to hedge against inflation, then it will go to zero the exact second when the dollar dies, and countries around the world demand gold and gold-backed currencies in exchange for their valuable goods and commodities.
Adam Carter
People who aren't smart enough to accumulate NEC...yet.