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Bitcoin: Does it have a future ?
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mnandii
#1311 Posted : Monday, January 04, 2021 6:50:52 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
mnandii wrote:


ETHEREUM Weekly Chart. Rising in wave [iii] of 3 of (1). Should top out at about $800.


Ethereum. Posted August 4th 2020. Ethereum is still rising surpassing my forecast then.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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mnandii
#1312 Posted : Tuesday, January 05, 2021 10:08:28 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304


Bitcoin vulnerable to the downside. Targets for wave [c] of 4 are 26202, 22089, 19574. An alternative count is a wave 4 triangle but requires Bitcoin to stay above 26930, the wave [a] low.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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mnandii
#1313 Posted : Tuesday, January 05, 2021 10:22:12 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304


ETHEREUM (Daily Chart)
Correcting in wave [ iv ]. The gap likely to be filled thus likely low for wave [ iv ] is $ 738.28
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Afroblk
#1314 Posted : Tuesday, January 05, 2021 2:10:14 PM
Rank: New-farer

Joined: 3/3/2010
Posts: 79
mnandii wrote:


Ripple is completing a wave (2). Will rebound beyond $1.000 in the coming months. Accumulate.


Thanks for sharing. Problem with Ripple is the litigation with the SEC. If that falls through, there will be a mad bull. Your $1 prediction would be realized in prolly 2 days.
Knowledge is contagious...Infect truth!
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rwitre
#1315 Posted : Wednesday, January 06, 2021 8:54:15 PM
Rank: Member

Joined: 3/8/2018
Posts: 507
Location: Nairobi
mnandii wrote:


Bitcoin vulnerable to the downside. Targets for wave [c] of 4 are 26202, 22089, 19574. An alternative count is a wave 4 triangle but requires Bitcoin to stay above 26930, the wave [a] low.



Did the exact opposite and printed an ATH of $35800

Let's just agree that Bitcoin doesn't respect charts.

Buy and hodl.
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Tokyo
#1316 Posted : Thursday, January 07, 2021 2:41:24 AM
Rank: Veteran

Joined: 10/9/2006
Posts: 1,502
Bitcoin on steroids. Approaching $37,000 mark anytime
work to prosper
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longtrader
#1317 Posted : Thursday, January 07, 2021 4:15:51 PM
Rank: Hello

Joined: 11/5/2019
Posts: 6
40K by weekend probably 60K by end Jan.
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rwitre
#1318 Posted : Thursday, January 07, 2021 9:53:52 PM
Rank: Member

Joined: 3/8/2018
Posts: 507
Location: Nairobi
longtrader wrote:
40K by weekend probably 60K by end Jan.


Bitcoin decided the weekend was too far Laughing out loudly

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snifadog
#1319 Posted : Friday, January 08, 2021 3:35:51 PM
Rank: Member

Joined: 6/6/2016
Posts: 167
Location: Nairobi
as the infamous Jones used to say on this thread, my nuts got CLIPPED big time. Sitting in alts was a bad call.
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rwitre
#1320 Posted : Saturday, January 09, 2021 10:52:14 AM
Rank: Member

Joined: 3/8/2018
Posts: 507
Location: Nairobi
Banks gotta get that exposure too smile

Quote:
Morgan Stanley now owns 792,627 shares of MicroStrategy, bringing its total ownership in the company best known for holding over $2 billion in bitcoin to 10.9%, according to a filing made with the U.S. Securities and Exchange Commission.


They've increased their position by adding almost 650,000 shares since Q3 2020.

The shares of MicroStrategy have soared 330% since the company bought its first bitcoin on Aug. 11, 2020, rising from $123.80 to $539.57.

"Why didn't Morgan Stanley just buy Bitcoin?"

They legally can’t unless they rewrite their charter. That takes 24 months on average to be approved.
So they fomo buy into a company that is essentially a Bitcoin ETF at this point.

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