Bitcoin - at what price it will crash to ?

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  • freecartoonporn
    Confirmed User
    • Jan 2012
    • 7683

    #1

    Bitcoin - at what price it will crash to ?

    Bitcoin

    just face it, sooner or later its going to crash., i mean, its been like that.

    so my question is , what price/value do you think it will crash to this time?

    my bet 15k-18k

    thanks for your time.


    edit: i know it will grow in long run, but just want to see current low.
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  • just a punk
    So fuckin' bored
    • Jun 2003
    • 32393

    #2
    Originally posted by freecartoonporn
    just face it, sooner or later its going to crash., i mean, its been like that.
    Course if will go up and down for short periods, but it won't crash if nothing extraordinary happens (e.g. a death penalty law for Bitcoin exchange). It will grow in a long term.

    P.S. It's almost 33K so far, which is... already 1/3 of $100 USD ;)
    Obey the Cowgod

    Comment

    • jscott
      jscizzle
      • Feb 2001
      • 25415

      #3
      I would pay a lot of $$$ to see BTC drop to $15-18k again.

      Hyperbitcoinization, parabolic, happening before our eyes, the top is unlimited since the fiat pair it's against is infinite.
      If you think tough men are dangerous, wait until you see what weak men are capable of.
      - Jordan B. Peterson
      Listen to Pomp tell why is Bitcoin important

      Comment

      • Pink24
        So Fucking Banned
        • Aug 2019
        • 1436

        #4
        I think it will reach almost $40k before sliding back under $20k

        Comment

        • csnmf
          Registered User
          • Nov 2020
          • 54

          #5
          Bitcoin has been consolidating, going sideways, for 3 years and we've finally broken out of it, it is reasonable to assume we are now in a bull market. Bitcoin typically has 30-40% drops to the weekly 21 exponential moving average before bouncing and making new highs during a bull run.

          A 30-40% drop from here would be slightly above $20k although the weekly 21 EMA is quite a bit lower at this time but rising quickly. Depending on where the weekly 21 ema is, 15-18k is unlikely, I would think, as that would most likely lead to us closing below the weekly 21 ema signaling an end to the bull run which is unlikely so early after 3 years of sideways.

          Comment

          • slapass
            Too lazy to set a custom title
            • Nov 2002
            • 14625

            #6
            I think everyone wants a dip so ... unlikely to get it,

            Comment

            • Idigmygirls
              Confirmed User
              • Jan 2007
              • 498

              #7
              It's going to keep crashing higher, up to $100k. That's where you'll find a bit of resistance imho
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              • ruff
                I have a plan B
                • Aug 2004
                • 5507

                #8
                Yawn. 8char
                CryptoFeeds

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                • emmasexytime
                  Confirmed User
                  • Jan 2015
                  • 4514

                  #9
                  Why does it matter? Do you hold?

                  Nobody knows where it will go. Everyone is in profit right now so going higher is the bet my friend tells me.
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                  • freecartoonporn
                    Confirmed User
                    • Jan 2012
                    • 7683

                    #10
                    Originally posted by emmasexytime
                    Why does it matter? Do you hold?

                    Nobody knows where it will go. Everyone is in profit right now so going higher is the bet my friend tells me.
                    yes, i hold and planning to buy more.,

                    and past trends shows it will go down again.
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                    • ruff
                      I have a plan B
                      • Aug 2004
                      • 5507

                      #11
                      I read that only 22% of BTC is in play, the rest held by big funds and large money. That benefits the small hodlers. There will, no doubt, be hills and vally, the volatility is what keeps BTC attractive. You do not see gold behaving that way. In general though, it is expected that a finite quantity of BTC is unlike gold or diamonds where there is no known limit. So it's not particularly hard to figure out that Bitcoin is here to stay and only going to get more valuable. Some of us have been saying to buy and hodl for years now. It's not too late because we believe it will go stratospheric. But it's okay if you don't because it doesn't matter to the rest of us. I remember, and there is probably a thread here, where I was berated for buying at $600. Who has the last laugh now?
                      CryptoFeeds

                      Comment

                      • Biggie Smalls Web Writing
                        Confirmed User
                        • Aug 2011
                        • 3993

                        #12
                        Just cuz I don't have it does not mean it's going to crash

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                        • ANAL PASTE
                          Confirmed User
                          • Mar 2006
                          • 9070

                          #13
                          I don't know when its going to crush but its a bit freaky to watch it grow. I mean pretty soon every one is going to be bitcoin millionaire.
                          SEE YOU IN VALHALLA, BRO

                          Comment

                          • adultbizwork
                            Confirmed User
                            • Aug 2018
                            • 78

                            #14
                            Originally posted by ANAL PASTE
                            I don't know when its going to crush but its a bit freaky to watch it grow. I mean pretty soon every one is going to be bitcoin millionaire.
                            Very true, and when I think about it, something is definitely wrong here.

                            If it was so easy to become a millionaire, everyone will stop working and just sell everything and buy bitcoin. Something just doesn't make sense.

                            Comment

                            • jscott
                              jscizzle
                              • Feb 2001
                              • 25415

                              #15
                              Originally posted by adultbizwork
                              Very true, and when I think about it, something is definitely wrong here.

                              If it was so easy to become a millionaire, everyone will stop working and just sell everything and buy bitcoin. Something just doesn't make sense.
                              Central banks printing as much as they are , we sure are heading that direction, that's why you need to store value in other assets, not cash.

                              Assets aren't necessarily going up, as big as USD/fiat is losing value. Check purchasing power of USD and you'll realize what's happening.

                              Those protecting themselves gain wealth. Those who don't get fckedddddd hard.

                              Bitcoin is a protection against fiat debasement.
                              If you think tough men are dangerous, wait until you see what weak men are capable of.
                              - Jordan B. Peterson
                              Listen to Pomp tell why is Bitcoin important

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                              • nikki99
                                Supermodel
                                • Nov 2004
                                • 23087

                                #16
                                at 100k it will crash
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                                • k0nr4d
                                  Confirmed User
                                  • Aug 2006
                                  • 9231

                                  #17
                                  Originally posted by jscott
                                  Assets aren't necessarily going up, as big as USD/fiat is losing value. Check purchasing power of USD and you'll realize what's happening.
                                  If it was fiat losing it's value then gold would be going up analogically to BTC
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                                  • jscott
                                    jscizzle
                                    • Feb 2001
                                    • 25415

                                    #18
                                    Originally posted by k0nr4d
                                    If it was fiat losing it's value then gold would be going up analogically to BTC
                                    Gold is up, slow & steady, but also gold demand may be disrupted by Bitcoin. The word is spreading fast about "digital gold" & "digital scarcity", something that is more reliable than gold, and this begins the gold vs. Bitcoin argument
                                    If you think tough men are dangerous, wait until you see what weak men are capable of.
                                    - Jordan B. Peterson
                                    Listen to Pomp tell why is Bitcoin important

                                    Comment

                                    • Idigmygirls
                                      Confirmed User
                                      • Jan 2007
                                      • 498

                                      #19
                                      Originally posted by jscott
                                      Gold is up, slow & steady, but also gold demand may be disrupted by Bitcoin. The word is spreading fast about "digital gold" & "digital scarcity", something that is more reliable than gold, and this begins the gold vs. Bitcoin argument
                                      ^^^^

                                      This is why gold hasn't gone vertical imo. The money that would normally be flooding into gold right now is instead going into bitcoin.

                                      Gold will still skyrocket this year, but not as fast or as far as bitcoin (this is my revised thinking. Keep in mind that many months ago I predicted that both assets would climb, but I was allocating 75% gold and 25% bitcoin. I've revised my thinking based on new information and now prefer BTC to gold).
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                                      • allstars.io
                                        Registered User
                                        • Jan 2021
                                        • 36

                                        #20
                                        it will go down after hitting a peak but who knows if we have hit that peak yet.

                                        Either way overnight people have just become millionaires
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                                        • ANAL PASTE
                                          Confirmed User
                                          • Mar 2006
                                          • 9070

                                          #21
                                          Originally posted by Idigmygirls
                                          ^^^^

                                          This is why gold hasn't gone vertical imo. The money that would normally be flooding into gold right now is instead going into bitcoin.

                                          Gold will still skyrocket this year, but not as fast or as far as bitcoin (this is my revised thinking. Keep in mind that many months ago I predicted that both assets would climb, but I was allocating 75% gold and 25% bitcoin. I've revised my thinking based on new information and now prefer BTC to gold).
                                          Where do you buy gold?
                                          SEE YOU IN VALHALLA, BRO

                                          Comment

                                          • Alex CZ
                                            Confirmed User
                                            • Apr 2016
                                            • 553

                                            #22
                                            Originally posted by allstars.io
                                            it will go down after hitting a peak but who knows if we have hit that peak yet.

                                            Either way overnight people have just become millionaires
                                            Thats a thing, where is the peak ? Lets say you have 1 million right now and its a nice chunk of cash you can put in low risk funds and make good living. But if it doubles in 6 month, you will feel like shit knowing that you lost another million. Especially if you bought your bitcoins when they were below 5K. Its almost like you better off not having any, that way you don't have to worry about selling it too early or missing the crash and not selling at all.
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                                            • jscott
                                              jscizzle
                                              • Feb 2001
                                              • 25415

                                              #23
                                              Originally posted by ANAL PASTE
                                              Where do you buy gold?
                                              If you want to buy physical gold check "bullion" + your city, google it, should have local shops that sell oz/kgs of physical gold

                                              Get delivery from places like jmbullion, goldsilver.com

                                              Or you can buy gold online, (for buy/sell/hold, and eventually get physical if you want) at sites like OneGold.com
                                              If you think tough men are dangerous, wait until you see what weak men are capable of.
                                              - Jordan B. Peterson
                                              Listen to Pomp tell why is Bitcoin important

                                              Comment

                                              • jscott
                                                jscizzle
                                                • Feb 2001
                                                • 25415

                                                #24
                                                Originally posted by Alex CZ
                                                Thats a thing, where is the peak ? Lets say you have 1 million right now and its a nice chunk of cash you can put in low risk funds and make good living. But if it doubles in 6 month, you will feel like shit knowing that you lost another million. Especially if you bought your bitcoins when they were below 5K. Its almost like you better off not having any, that way you don't have to worry about selling it too early or missing the crash and not selling at all.
                                                0 risk leads to 0 reward.

                                                If you trust central bank inflating fiat, then anything will appreciate against the fiat, if the asset survives, should appreciate. (obviously not talking failed tech, failed cryptos (altcoins), or failed company stocks)
                                                If you think tough men are dangerous, wait until you see what weak men are capable of.
                                                - Jordan B. Peterson
                                                Listen to Pomp tell why is Bitcoin important

                                                Comment

                                                • LeMeLiN
                                                  Confirmed User
                                                  • Nov 2016
                                                  • 159

                                                  #25
                                                  35 k also possible !

                                                  Comment

                                                  • Sergio
                                                    Confirmed User
                                                    • Apr 2019
                                                    • 625

                                                    #26
                                                    And if it never goes down again?
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                                                    • djroof
                                                      JuicyDevils.gr Owner
                                                      • Jan 2004
                                                      • 25505

                                                      #27
                                                      I think this year will go to $50k easy

                                                      Comment

                                                      • ANAL PASTE
                                                        Confirmed User
                                                        • Mar 2006
                                                        • 9070

                                                        #28
                                                        See, easy opportunity last night. Dove from 34K to 27K then began its climb back. Easy way to make few hundred K.
                                                        SEE YOU IN VALHALLA, BRO

                                                        Comment

                                                        • csnmf
                                                          Registered User
                                                          • Nov 2020
                                                          • 54

                                                          #29
                                                          Originally posted by Alex CZ
                                                          Thats a thing, where is the peak ? Lets say you have 1 million right now and its a nice chunk of cash you can put in low risk funds and make good living. But if it doubles in 6 month, you will feel like shit knowing that you lost another million. Especially if you bought your bitcoins when they were below 5K. Its almost like you better off not having any, that way you don't have to worry about selling it too early or missing the crash and not selling at all.
                                                          it shouldn't be all or nothing. You shouldnt be 100% in bitcoin or 100% in stocks, both of those scenarios are stupid. How you weight your portfolio is going to depend on your age, risk appetite, income outside of investments etc I would say if you took some profits, selling a small portion of your bitcoin here you can't go wrong.

                                                          Comment

                                                          • freecartoonporn
                                                            Confirmed User
                                                            • Jan 2012
                                                            • 7683

                                                            #30
                                                            its happening.
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                                                            • CaptainHowdy
                                                              Too lazy to set a custom title
                                                              • Dec 2004
                                                              • 94744

                                                              #31

                                                              Comment

                                                              • freecartoonporn
                                                                Confirmed User
                                                                • Jan 2012
                                                                • 7683

                                                                #32
                                                                Originally posted by CaptainHowdy
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                                                                • jscott
                                                                  jscizzle
                                                                  • Feb 2001
                                                                  • 25415

                                                                  #33
                                                                  Originally posted by freecartoonporn
                                                                  its happening.
                                                                  It went almost straight up to $65k after you posted this thread, ofc a correction would come, any graph could prove it'd happen.
                                                                  If you think tough men are dangerous, wait until you see what weak men are capable of.
                                                                  - Jordan B. Peterson
                                                                  Listen to Pomp tell why is Bitcoin important

                                                                  Comment

                                                                  • freecartoonporn
                                                                    Confirmed User
                                                                    • Jan 2012
                                                                    • 7683

                                                                    #34
                                                                    Originally posted by jscott
                                                                    It went almost straight up to $65k after you posted this thread, ofc a correction would come, any graph could prove it'd happen.
                                                                    thats true.
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                                                                    • el_mago
                                                                      So Fucking Banned
                                                                      • Sep 2017
                                                                      • 353

                                                                      #35
                                                                      Originally posted by adultbizwork
                                                                      Very true, and when I think about it, something is definitely wrong here.

                                                                      If it was so easy to become a millionaire, everyone will stop working and just sell everything and buy bitcoin. Something just doesn't make sense.
                                                                      How to carefully say "I am an idiot" without actually saying, "I am an idiot" - the post

                                                                      If it was a few years ago your brainlet self would've just been shouting bitcoin is a scam, etc, etc. In fact you probably were doing just that.

                                                                      Comment

                                                                      • nikki99
                                                                        Supermodel
                                                                        • Nov 2004
                                                                        • 23087

                                                                        #36
                                                                        going up
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                                                                        • fuzebox
                                                                          making it rain
                                                                          • Oct 2003
                                                                          • 22353

                                                                          #37
                                                                          BTC $18k is where there USDT insolvency point is. My bet is that is where it gets the most support.

                                                                          Comment

                                                                          • Pink24
                                                                            So Fucking Banned
                                                                            • Aug 2019
                                                                            • 1436

                                                                            #38
                                                                            Originally posted by fuzebox
                                                                            BTC $18k is where there USDT insolvency point is. My bet is that is where it gets the most support.
                                                                            Sounds incredibly low in hindsight. Earlier in the thread I predicted sub $20k but I oly expected Bitcoin to hit $45k so that was unexpected.
                                                                            When you look at the drop from those dizzy heights it's scary af.

                                                                            That said. Now (or soon is the time to buy). Think you might have to wait a while but the next stop is $200k+

                                                                            Comment

                                                                            • adultchatpay
                                                                              Let's Make Money
                                                                              • Dec 2008
                                                                              • 8785

                                                                              #39
                                                                              It went to $30k today but it's going up again.

                                                                              Comment

                                                                              • CAHEK
                                                                                C.C.C.P.
                                                                                • Aug 2003
                                                                                • 7414

                                                                                #40
                                                                                Originally posted by adultchatpay
                                                                                It went to $30k today but it's going up again.
                                                                                Still will go down no matter what. Wondering how long it will take to liquidate large amount of BTC funds lol . Everyone is still selling for past 2 weeks.
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                                                                                • ZTT
                                                                                  Confirmed User
                                                                                  • Apr 2019
                                                                                  • 659

                                                                                  #41
                                                                                  It went to $30k today but it's going up again.
                                                                                  It goes up because the whales don't want it to collapse to nothing before they've dumped everything, slowing down enough for the "best time to buy" and "cheap coins" patsies to blow more of their life savings pushing the price up, so they can dump into it again.

                                                                                  In the last ten years Bitcoin has gone from $1 to $29 to $2 to $1200 to $111 to $19k to $3k to $63k. That's all it does, up and down. Some people can't accept the down part though.

                                                                                  $29 > $2 = 93% drop.
                                                                                  $1200 > $111 = 90% drop.
                                                                                  $19k > $3k = 84% drop.

                                                                                  An 80% drop this time, from the ATH of $63k, means a $12k low point, probably settling around $15-$19k for the next few years (a mere 70-75% drop).

                                                                                  So anyone who recently bought bitcoin and HODLd, while the people shouting "HODL!" were bailing out, well, like the bag holders every other time this always happens, have to either cut their losses before it reverts to late 2020 levels, or hope in 2024 the government still hasn't regulated crypto and things go nuts again.

                                                                                  If you do the latter, I'd suggest converting the bitcoin you have into something like XRP, which has a potential future, practical use case, none of the world killing issues that even oligarchs pretend to care about these days, and is priced low enough to multiply nicely.

                                                                                  And those telling other people this worst time to buy is the best time to buy: how much have you bought?
                                                                                  __________________

                                                                                  Comment

                                                                                  • ruff
                                                                                    I have a plan B
                                                                                    • Aug 2004
                                                                                    • 5507

                                                                                    #42
                                                                                    We always hear the same old same old when BTC goes down. It's repetitive, tiresome and predictable.
                                                                                    Then it goes back up and we hear the whining about a missed opportunity. You know if most of you knew anything about Bitcoin but what you read about at CNN or Fox, you might understand just how sophisticated it has become, but you keep parroting crap from 5 years ago. Get yourself some goddamn knowledge about it or shut the fuck up. There's a shitpot of coins out there, but is there a Bitcoin killer? Not hardly.
                                                                                    CryptoFeeds

                                                                                    Comment

                                                                                    • itx
                                                                                      Confirmed User
                                                                                      • Aug 2007
                                                                                      • 980

                                                                                      #43
                                                                                      Musk was jealous when Zuck say Bitcoin is my goat, so he try kill Bitcoin. All the investors goes down.

                                                                                      Comment

                                                                                      • jscott
                                                                                        jscizzle
                                                                                        • Feb 2001
                                                                                        • 25415

                                                                                        #44
                                                                                        Originally posted by ruff
                                                                                        We always hear the same old same old when BTC goes down. It's repetitive, tiresome and predictable.
                                                                                        Then it goes back up and we hear the whining about a missed opportunity. You know if most of you knew anything about Bitcoin but what you read about at CNN or Fox, you might understand just how sophisticated it has become, but you keep parroting crap from 5 years ago. Get yourself some goddamn knowledge about it or shut the fuck up. There's a shitpot of coins out there, but is there a Bitcoin killer? Not hardly.
                                                                                        So true, the FUDsters stick to the same topics, China, energy, speed, fee

                                                                                        FUDsters are incentivized financially (thru shorts or nocoining) to staying ignorant about Bitcoin & green energy, China's irrelevancy, speed/fee is instant/free with LightningNetwork etc etc

                                                                                        So yeah, those of us who read through their bullshits are rewarded in the long term
                                                                                        If you think tough men are dangerous, wait until you see what weak men are capable of.
                                                                                        - Jordan B. Peterson
                                                                                        Listen to Pomp tell why is Bitcoin important

                                                                                        Comment

                                                                                        • ZTT
                                                                                          Confirmed User
                                                                                          • Apr 2019
                                                                                          • 659

                                                                                          #45
                                                                                          blockchain.com/btc/unconfirmed-transactions

                                                                                          Why are all these people paying between $5-$12 in transaction fees instead of just using the free and instant Lightning Network?
                                                                                          __________________

                                                                                          Comment

                                                                                          • jscott
                                                                                            jscizzle
                                                                                            • Feb 2001
                                                                                            • 25415

                                                                                            #46
                                                                                            Originally posted by ZTT
                                                                                            blockchain.com/btc/unconfirmed-transactions

                                                                                            Why are all these people paying between $5-$12 in transaction fees instead of just using the free and instant Lightning Network?
                                                                                            They probably either don't know or lazy

                                                                                            edit: remember, Bitcoin is decentralized, there's no marketing team who're paid to market it or spread adoption, unlike centralized cryptos like your Ripple/Xrp

                                                                                            Originally posted by ZTT
                                                                                            If you do the latter, I'd suggest converting the bitcoin you have into something like XRP, which has a potential future, practical use case, none of the world killing issues that even oligarchs pretend to care about these days, and is priced low enough to multiply nicely.
                                                                                            Sounds like an irresponsible advice to give. Ppl in crypto generally seek some sort of decentralized asset, unlike XRP/Ripple which is like Paypal, maybe even more centralized. Hope you don't convince too many of your shits
                                                                                            If you think tough men are dangerous, wait until you see what weak men are capable of.
                                                                                            - Jordan B. Peterson
                                                                                            Listen to Pomp tell why is Bitcoin important

                                                                                            Comment

                                                                                            • ZTT
                                                                                              Confirmed User
                                                                                              • Apr 2019
                                                                                              • 659

                                                                                              #47
                                                                                              Originally posted by jscott
                                                                                              They probably either don't know or lazy
                                                                                              Of course, everyone is lazy or clueless except you. What you mean is you don't know.

                                                                                              edit: remember, Bitcoin is decentralized, there's no marketing team who're paid to market it or spread adoption, unlike centralized cryptos like your Ripple/Xrp
                                                                                              LOL The reason I and everyone else heard about bitcoin a decade ago is because people were financially incentivized to promote it, as that's how the price went up and they could cash out at more than they bought in at.

                                                                                              That's how bitcoin and every other coin has worked ever since. Except these days you need a Twitter or TikTok with millions of followers instead of just spamming forums.

                                                                                              Everyone already knows this, including you, so I don't know who you are trying to kid here, except yourself.

                                                                                              Sounds like an irresponsible advice to give. Hope you don't convince too many of your shits
                                                                                              This from an investment genius who urged people "now is the time to buy", while believing it will "probably go down".

                                                                                              Ppl in crypto generally seek some sort of decentralized asset, unlike XRP/Ripple which is like Paypal, maybe even more centralized.
                                                                                              Paypal has been one of the most popular payment systems for 20 years, even with all its problems. That alone should be a clue how much people care about decentralization.

                                                                                              Another clue is that most decentralized cryptocurrencies, hundreds or thousands of them, are not used by anyone at all. Zero.

                                                                                              Another clue is that XRP has been in the Coinmarketcap top 10 since 2014.
                                                                                              __________________

                                                                                              Comment

                                                                                              • klinton
                                                                                                So Fucking Banned
                                                                                                • Apr 2003
                                                                                                • 8766

                                                                                                #48
                                                                                                Originally posted by ZTT
                                                                                                Paypal has been one of the most popular payment systems for 20 years, even with all its problems. That alone should be a clue how much people care about decentralization.
                                                                                                I avoid them like a plague.

                                                                                                Comment

                                                                                                • ruff
                                                                                                  I have a plan B
                                                                                                  • Aug 2004
                                                                                                  • 5507

                                                                                                  #49
                                                                                                  Originally posted by ZTT
                                                                                                  blockchain.com/btc/unconfirmed-transactions

                                                                                                  Why are all these people paying between $5-$12 in transaction fees instead of just using the free and instant Lightning Network?
                                                                                                  A year ago some Bitcoin whale moved $1.1 billion of BTC from one address to another for $83 bucks. I guess he must have some knowledge yes?

                                                                                                  The rest of your bullshit is just that, bullshit. Get yourself some knowledge before you embarrass yourself here again.
                                                                                                  CryptoFeeds

                                                                                                  Comment

                                                                                                  • Pink24
                                                                                                    So Fucking Banned
                                                                                                    • Aug 2019
                                                                                                    • 1436

                                                                                                    #50
                                                                                                    Originally posted by ruff
                                                                                                    A year ago some Bitcoin whale moved $1.1 billion of BTC from one address to another for $83 bucks. I guess he must have some knowledge yes?

                                                                                                    The rest of your bullshit is just that, bullshit. Get yourself some knowledge before you embarrass yourself here again.
                                                                                                    He might have moved 1.1 billion for 83 bucks but a few months ago I wanted to send the equiv of 15 cents of BTC. Cost- $5+

                                                                                                    Tell me about lightning again.

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