$2 Trillion Market Cap to Zero In 1 Sec

Discussion in 'Crypto Assets' started by Nobert, Nov 6, 2021.

  1. johnarb

    johnarb

    Interesting point of view, why would bitcoin/cryptos investors be scared?

    Profit$ are flowing 24/7 in the cryptos verse the past few weeks, but many on ET have no clue it's happening :D

    This weekend was phenomenal for cryptos but stock market was closed

    Now Tesla stock investors are worried Elon is going to dump on them based on a Twitter poll, lol, but they can't do anything until stock market opens tomorrow

    Nope, bitcoin/cryptos investors are not scared. We trade in an open monetary financial market that is fair, not like the ones where they can make up a rule to stop the buying but ok with selling
     
    #11     Nov 7, 2021
  2. Overnight

    Overnight

    Nov BTC futs up to 65400 as of this print.
     
    #12     Nov 7, 2021
  3. johnarb

    johnarb

    Bitcoin is still undervalued, imho

    I think btc will break $70K this week

    Bitcoin should reach $100K before eoy, imo
     
    #13     Nov 7, 2021
    LuckyMac and SunTrader like this.
  4. Man felt the betrayal like Ali from The Squid Game
     
    #14     Nov 8, 2021
    Nobert likes this.
  5. SunTrader

    SunTrader

    You already know the "game" by now but by EOY or thereafter the whiiiiiners will crawl out from under their rocks to scream no way is Bitcoin worth 100k, it's not worth 100 dollars blah blah blah cry cry cry. :)
     
    #15     Nov 8, 2021
    johnarb likes this.
  6. LuckyMac

    LuckyMac

    I think 100K is inevitable now tbh. With there only ever being 21million there will always be a supply and demand issue that will make it profitable
     
    #16     Nov 8, 2021
    johnarb likes this.
  7. Such a shame things like this as Tara the crypto market for newer people coming in as it’s something a lot of people have watched
     
    #17     Nov 8, 2021
    johnarb likes this.
  8. Overnight

    Overnight

    From what I remember reading, the last bit of bitcoin to be mined will be found near the end of the century, based on current mining progress. 2070 or something like that?

    After that will be the real test of bitcoin value. And I'm sure that in that geeky future, the person who runs the rig that finds that last bit of bitcoin will become a digital celebrity, like the end of "Ready Player One".
     
    #18     Nov 8, 2021
    LuckyMac likes this.
  9. johnarb

    johnarb

    year 2140 last bitcoin to be mined.

    Bitcoin mining reward is halved every 4 years. The last 1 bitcoin will take 40 years to mine
     
    #19     Nov 8, 2021
  10. Overnight

    Overnight

    Not if the Borg get to it first! Gahhhh!

     
    #20     Nov 8, 2021