Bitcoin news!

[DimPrawn]

Here is some news about bitcoin

Kraken’s Head of Business: ‘Bitcoin Could Go to $1,000,000‘

Bitcoin 90-Day Active Supply Soars to Pre-2017 Bull Run Level: Report

Bitcoin Price Rally by 2021 Looks Likely From Five Fundamental Factors

Boomer and Gen-X Interest in Bitcoin Surges During Pandemic

Lambos are back! Hodl like crazy!

[GigiBronz]

I was dead set against bitcoin, now I am a bit more comfortable with it.
Still believe that if the current financial system sets it's mind to it could crash bitcoin in a few days.

But, a de-centralised currency and way of people becoming more independent in this house of cards could be all we need.
But a civil war might be needed or deeply unjust facts made public to shift opinion. We'll see what the future gives.

[DimPrawn]

Comprehensive Analysis Predicts Bitcoin Price Near $20K This Year, $398K by 2030 | Markets and Prices Bitcoin News

Comprehensive Analysis Predicts Bitcoin Price Near $20K This Year, $398K by 2030

I crunched some more numbers on my Casio calculator.

$85,675,821 by 2045

$56,670,437,236,324,975,333,407,001 by the year 7459

I'm hodling!

[AtW]

Should do wonders for Poopers BIGLY short

[scooterscot]

Am still bearish in the short-term.

Yes, if I sold my short contract now I'd be doing so at a loss. But I standby my convictions, we're entering a downtrend brought about by everything that is happening in the world at the minute.

Am I going to double down? No.

[AtW]

So you’ve got a short that can only make profit because you suffer no losses if things go wrong way?

[xoggoth]

Are the old bitcoins on my ZX81 still worth anything?

[scooterscot]

So you’ve got a short that can only make profit because you suffer no losses if things go wrong way?

Just like Michael Burry in the Big Short... I've bought a product that pays out if the market capitulates. Of course, I need to pay everyday as intra-day movements nibble into my position.

However this is something I've studied a lot, it will pay.

[Andy2]

if bitoin goes to 1 million ,scooty will be sitting on a trillion dollar loss.
who will bail him out

[DimPrawn]

if bitoin goes to 1 million ,scooty will be sitting on a trillion dollar loss.
who will bail him out

If you owe the bank £100K you have a problem.
If you owe the bank £1trn, the bank has a (big) problem.