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Bitcoin: Does it have a future ?
Rank: Veteran Joined: 10/9/2006 Posts: 1,502
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rwitre wrote:amorphous wrote:Black Thursday. March 12th 2020 On this day many Bitcoiners saw deep red in their portfolios. Many capitulated. Some held on. Few bought in heavily and averaged down. Today bitcoin is 10X up from this bottom. Here's the thing: The more you research on Bitcoin, the more you feel you don't have enough sats. You will welcome dips. Some will cash in when they get life-changing amounts of money. Good for you.  Others will stack sats till they die, using BTC as collateral to access fiat loans, but never "cashing out". Pass them over to their kids who will continue the cycle. In a generation of never-ending money printing by governments, 1 BTC = 1 BTC Keep hope alive my broda  One quail egg is still one quail egg today and its value is near zero. Further back, one Amsterdam tulip is still one Amsterdam tulip yet its value is anjira (or JIRO as my Indian buddies say). The shaving is coming,just be patient. I remember during the dot com bust of 2001. Companies like JDS Uniphase were soaring like eagles to cazy mind boggling figures. Worldcom pia. Sijui Extreme Networks etc. Whenever they would fall 30% in a day, the lemmings were told "buy on dips because it will go even higher still!" We were told that those companies were HERE TO STAY because fibre was the future and they would be here for the next 1000 years? WAAAAPI? Within one year they were all JIRO!. We have been hearing the same drumbeat of noise about Bitcoin for the past few years. Mark my words, Bitcoin shaving will be the greatest shaving in history outside of the corona shaving.. Why? I have said it a million times hapa before. Nobody in history has ever repealed the law of supply and demand. Stalin tried. He killed 10 million as he did yet failed miserably. Who do you think started the bitcoin con-system to begin with except those same same dark forces you say are money printers. Just read the bitcoin storo and bio of that so called founder and ask yourself if that storo even makes sense? Meanwhile you will keep coming back to us to rent, sleep on, eat on, get food from, go to a classroom on, relieve yourselves on, or do business on, cry premium bitcoin loss tears on our Mugundas as it has been since Adam and Eve tilled the original Mugunda in Eden. NIMESEMA! Haya...let's keep a record. Bitcoin price when @amorphous compared it to quail eggs and predicted its crash: $33,000We'll let the work to prosper
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Rank: Veteran Joined: 10/9/2006 Posts: 1,502
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rwitre wrote:amorphous wrote:rwitre wrote:Black Thursday. March 12th 2020 On this day many Bitcoiners saw deep red in their portfolios. Many capitulated. Some held on. Few bought in heavily and averaged down. Today bitcoin is 10X up from this bottom. Here's the thing: The more you research on Bitcoin, the more you feel you don't have enough sats. You will welcome dips. Some will cash in when they get life-changing amounts of money. Good for you. Others will stack sats till they die, using BTC as collateral to access fiat loans, but never "cashing out". Pass them over to their kids who will continue the cycle. In a generation of never-ending money printing by governments, 1 BTC = 1 BTC Keep hope alive my broda One quail egg is still one quail egg today and its value is near zero. Further back, one Amsterdam tulip is still one Amsterdam tulip yet its value is anjira (or JIRO as my Indian buddies say). The shaving is coming,just be patient. I remember during the dot com bust of 2001. Companies like JDS Uniphase were soaring like eagles to cazy mind boggling figures. Worldcom pia. Sijui Extreme Networks etc. Whenever they would fall 30% in a day, the lemmings were told "buy on dips because it will go even higher still!" We were told that those companies were HERE TO STAY because fibre was the future and they would be here for the next 1000 years? WAAAAPI? Within one year they were all JIRO!. We have been hearing the same drumbeat of noise about Bitcoin for the past few years. Mark my words, Bitcoin shaving will be the greatest shaving in history outside of the corona shaving.. Why? I have said it a million times hapa before. Nobody in history has ever repealed the law of supply and demand. Stalin tried. He killed 10 million as he did yet failed miserably. Who do you think started the bitcoin con-system to begin with except those same same dark forces you say are money printers. Just read the bitcoin storo and bio of that so called founder and ask yourself if that storo even makes sense? Meanwhile you will keep coming back to us to rent, sleep on, eat on, get food from, go to a classroom on, relieve yourselves on, or do business on, cry premium bitcoin loss tears on our Mugundas as it has been since Adam and Eve tilled the original Mugunda in Eden. NIMESEMA! Haya...let's keep a record. Bitcoin price when @amorphous compared it to quail eggs and predicted its crash: $33,000We'll let the market decide. Now approaching $39,000 work to prosper
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Rank: Member Joined: 5/15/2019 Posts: 687 Location: planet earth
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As I said, BE PATIENT my braddahs. When Covid21 hits and lockdowns 2,3, 4, 5, etc come, you will thank me for telling you to cash out of bit-CON now, now, Nowww!! In the final analysis, it all boils down to sheer plain old hard work and dogged persistence. Nothing more, nothing less!!
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Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
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Tokyo wrote:rwitre wrote:amorphous wrote:rwitre wrote:Black Thursday. March 12th 2020 On this day many Bitcoiners saw deep red in their portfolios. Many capitulated. Some held on. Few bought in heavily and averaged down. Today bitcoin is 10X up from this bottom. Here's the thing: The more you research on Bitcoin, the more you feel you don't have enough sats. You will welcome dips. Some will cash in when they get life-changing amounts of money. Good for you. Others will stack sats till they die, using BTC as collateral to access fiat loans, but never "cashing out". Pass them over to their kids who will continue the cycle. In a generation of never-ending money printing by governments, 1 BTC = 1 BTC Keep hope alive my broda One quail egg is still one quail egg today and its value is near zero. Further back, one Amsterdam tulip is still one Amsterdam tulip yet its value is anjira (or JIRO as my Indian buddies say). The shaving is coming,just be patient. I remember during the dot com bust of 2001. Companies like JDS Uniphase were soaring like eagles to cazy mind boggling figures. Worldcom pia. Sijui Extreme Networks etc. Whenever they would fall 30% in a day, the lemmings were told "buy on dips because it will go even higher still!" We were told that those companies were HERE TO STAY because fibre was the future and they would be here for the next 1000 years? WAAAAPI? Within one year they were all JIRO!. We have been hearing the same drumbeat of noise about Bitcoin for the past few years. Mark my words, Bitcoin shaving will be the greatest shaving in history outside of the corona shaving.. Why? I have said it a million times hapa before. Nobody in history has ever repealed the law of supply and demand. Stalin tried. He killed 10 million as he did yet failed miserably. Who do you think started the bitcoin con-system to begin with except those same same dark forces you say are money printers. Just read the bitcoin storo and bio of that so called founder and ask yourself if that storo even makes sense? Meanwhile you will keep coming back to us to rent, sleep on, eat on, get food from, go to a classroom on, relieve yourselves on, or do business on, cry premium bitcoin loss tears on our Mugundas as it has been since Adam and Eve tilled the original Mugunda in Eden. NIMESEMA! Haya...let's keep a record. Bitcoin price when @amorphous compared it to quail eggs and predicted its crash: $33,000We'll let the market decide. Now approaching $39,000 That was fast. @amorphous we will engage you again when BTC falls 30% from 100K to 70K and you come saying how you warned us.
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Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
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That was a short one  3 days later...  If you bought the dip, good for you.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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 BITCOIN is completing a minor wave 4 at about $28,000 or slightly below. Afterwards expect another rise above and beyond $42,000. 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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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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 Expecting Ripple to tank to about 0.100. At those levels it should be a great long term buy. 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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Rank: Member Joined: 6/6/2016 Posts: 167 Location: Nairobi
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ripple is being pursued by regulators and has been delisted by all the big exchanges. tread with caution
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Rank: Member Joined: 5/15/2019 Posts: 687 Location: planet earth
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rwitre wrote:That was a short one 3 days later... If you bought the dip, good for you. https://africa.businessi...-steady-support/lrbd637
Quote:Bitcoin traded at $31,885.49 as of 12:15 p.m. ET Sunday, down 0.9% from 24 hours ago. The world's largest cryptocurrency has struggled to find a floor as volatile price swings cut into investor bullishness. The token notched its biggest one-week plunge since September on Saturday, and downward momentum continues to wipe out key support levels. Good for you indeed Get OUT of BTC NOWWW NOWWW NOWWW before you lose your shirts!! In the final analysis, it all boils down to sheer plain old hard work and dogged persistence. Nothing more, nothing less!!
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Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
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amorphous wrote:https://africa.businessi...-steady-support/lrbd637
Quote:Bitcoin traded at $31,885.49 as of 12:15 p.m. ET Sunday, down 0.9% from 24 hours ago. The world's largest cryptocurrency has struggled to find a floor as volatile price swings cut into investor bullishness. The token notched its biggest one-week plunge since September on Saturday, and downward momentum continues to wipe out key support levels. Good for you indeed Get OUT of BTC NOWWW NOWWW NOWWW before you lose your shirts!! Don't worry. Bitcoin will go past $100K. But just for record, today's price: $33,235 (Up from the moment that piece was published, and we can't keep tracking these meagre 5% swings) I'm calling for a 300% jump from here. Meanwhile, #StackSats
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Bitcoin: Does it have a future ?
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