Bitcoins - digital currency
Bitcoins - digital currency
8
zs

Bitcoins - digital currency

02 April 2011 at 02:44 AM
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2062 Replies

8
zs


K thx
Funny on Bloomberg News lines earlier today, the ยซ conclusion man ยป of the documentary said today he denied he was satoshi !


Nobody wants to be Satoshi, even though it's worth something like $60 billion. Likely the real Satoshi had enough untraced coins to get rich without having to touch the original million BTC.


Can you feel it?


Sure feels like we should blow past 75k soon. I can feel it in my plums!


I also think Q4 is going to be pretty good.


by Brokenstars m

I also think Q4 is going to be pretty good.

2025 will be better.


by housenuts m

2025 will be better.

Yep, I agree.


McRib is back



Wen moon??






Actual all time high right now?


by Go Get It m

Actual all time high right now?

$2,000 away

$73,738 is ATH


by TimM m

Nobody wants to be Satoshi, even though it's worth something like $60 billion. Likely the real Satoshi had enough untraced coins to get rich without having to touch the original million BTC.

FWIW , after seeing that story in Canada and how technology could be aim by the justice department because some costumers can use It for criminal activities , I’m not surprise satoshi hiding (if still alive ) .
Using the same narrative , I could see many governments throughout the planet to go after him , like they did with wiki leak and other technological mediums like this chat encryption….


ATH...



by housenuts m

$2,000 away

$73,738 is ATH

Only $700 more...


why this big move in the last week? thats just priicng in trump win?

wonder what it does if harris wins


by Onlydo2days m

why this big move in the last week? thats just priicng in trump win?

wonder what it does if harris wins

number go up technology at work


by Onlydo2days m

why this big move in the last week? thats just priicng in trump win?

wonder what it does if harris wins

bonds yields
gold
silver
bitcoin
all up.

fed drop rates bit too much it seem .
afraid of resurgence inflation ?


by Onlydo2days m

why this big move in the last week?

There is one reason why.... because people are buying. Price per btc is an exact reflection of the liquidity in the system.

Zero dollars in the network, $0 btc. 1.3 trillion dollars in the network, $72,000 btc.

One influence to people buying... to liquidate the shorts.


1) number go up technology

2) more buyers than sellers


by MSchu18 m

Price per btc is an exact reflection of the liquidity in the system.

it's an exact reflection of the market cap, which is just the stock of btc times the last price someone paid for it. you can have illiquid markets with huge market caps or vice versa

Zero dollars in the network, $0 btc. 1.3 trillion dollars in the network, $72,000 btc.

for every $72,000 someone puts into btc someone is taking $72,000 out. there's not $1.3T stockpiled 'in the network'

Spoiler
Show


by Onlydo2days m

why this big move in the last week? thats just priicng in trump win?

wonder what it does if harris wins



by Onlydo2days m

why this big move in the last week? thats just priicng in trump win?

wonder what it does if harris wins

Both Presidents will print mind numbing amounts. That money eventually ends up invested into assets and inflating asset prices over the following 12-16 months.

China also has a $1.2T stimulus bazooka about to launch. Possibly more if Trump wins.

Bullish either way but with Trump we may get some sort of US Gov't buying or game theory playing out.


if you have 20-30 minutes to kill and want to read some smug self-indulgent reasons on BTC’s recent move, may i present the following.

sadly, he left out the most important piece: number go up technology

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