Bitcoin has topped.

Discussion in 'Crypto Assets' started by Master Pu, May 12, 2021.

Do you think bull(crap) trend is over in Bitcoin?

Poll closed Jun 11, 2021.
  1. Yes

    18 vote(s)
    60.0%
  2. No

    4 vote(s)
    13.3%
  3. Don't know

    8 vote(s)
    26.7%
  1. tsznecki

    tsznecki

    Oooohhhh did @Overnight get her panties tangled up in a bunch? Why so defensive?

    Answer the question: how do you plan on posting here on ET when the internet is down?

    Not go off on a tangent about how you are buying things with cash.
     
    #141     May 16, 2021
  2. virtusa

    virtusa

    ET has been on the decline for a long time.The only reason I still come here is to pass the time while in a position and have to stay in front of my screen.I have also reduced the number of my posts here over time. I don't find the energy / motivation to post more often due to the amount of nonsense and junk that pops up on ET.
     
    #142     May 16, 2021
  3. Snarkhund

    Snarkhund

    Mind if I take a swing at that one?

    I presume what you really mean is "how does bitcoin work with no grid or maybe no internet?". Something like that?

    Its unlikely that the entire world would simultaneously lose internet or experience loss of the power grid. Somewhere a BTC node will have the entire blockchain and some remaining miners would be verifying transactions. Bitcoin would likely survive anything short of an extinction level event after which nobody will be concerned with the value of their BTC anyway.

    Over time what is clear to me is that the BTC developer(s) did not design to be the most efficient transfer of value or the most efficient store of value. The incredible power of BTC they sought seems to be just an unkillable and uncorruptable ledger.
     
    Last edited: May 16, 2021
    #143     May 16, 2021
  4. themickey

    themickey

    download-1.png
    Oooohhhh ouch
    1_H-zCyVjnjOdWr7-eDIaPqg0.jpg
     
    #144     May 16, 2021
    Master Pu likes this.
  5. #145     May 16, 2021
    johnarb likes this.
  6. tsznecki

    tsznecki

    In a world with no grid or internet, Bitcoin or posting on ET or tech stocks won't matter. That is what I mean. People who criticize crypto for relying on the internet while they themselves post on an internet forum, well to call them retarded would be an insult to retards.

    There are those who say an unkillable and uncorruptable ledger has value in a world with a grid and internet. There are those who say it doesn't.
     
    #146     May 16, 2021
    johnarb likes this.
  7. themickey

    themickey

    For you a bargain, one off offer $9,999, what color would you like, blue green or black?
    It's called closing.
     
    #147     May 16, 2021
  8. Haha the angry cult is back, they can't even enjoy a day off on Sunday. Gotta trade 24/7 :banghead:
     
    #148     May 16, 2021
    themickey likes this.
  9. themickey

    themickey

    download-5.png
    Test of 47,000 then whooomp!!!
    7 day chart.
     
    #149     May 16, 2021
  10. I am liking this weekly one. 10k down since initial call.

    sc (8).png
     
    #150     May 16, 2021