Can Bitcoin sustain over the $6000 mark?

i don´t know if you ever had a few lessons about economy or have a clue about money - so i will explain it for you like i would do it for a child.

money is always representing ALL available goods you can buy.
if you print more money than goods it means that the money will lose it´s value.
got that so far?

as bitcoin is not a currency because no good in the world is priced with bitcoin, it is representing all money in the world instead of goods.

so far so good - now you can say that bitcoin is limited - but there is no limit on the number of different cyber currencies.
that means, that all of them together are representing ALL money in the world.
and as MORE you have as less value they will have.

there are actually a few thousand "limited cyber currencies" out there and another 50.000 will come.

it is the same as when you print dollar and think you can go over this rule and print additionally TROLLAR.
all DOLLARS AND TROLLARS together will not represent more as the number of goods you can buy.

if your plan would work then why people can not print their own dollars at home?
or adding more and more new currencies????

maybe bitcoin will survive. but not on such a level.
i am pretty sure that in 2-3 years we talk about 1 bitcoin 1 dollar and in 20 years nobody will even remember what it was because til than 1 million different LIMITED cyber currencies will represent ALL THE MONEY in the world.

is this SO HARD to understand ????

if yes i would recommend you to play a bit monopoly with your friends and let each one print additional money.
and then tell me if you can buy with all that more than all places on the monopoly board at the end.

WHERE is your logic ???

actually it popped down because the yuan popped up again :-) but that´s possibly too high for you.

and i can tell you already when the next big bitcoin crash will be.
that will happen when the next US interest step is done.

I laugh in the face of 7000 USD.

Fascinating claim. Solid research?

the good thing is that sometimes you do not even need a research because they are so fucking logic.

actually the bitcoin hype is nothing else than your funny atrology link.
a self-fulfilling prophecy that can only be made with people who have no idea of economics and do not even understand the most basic contexts.

all you need is a few billions of black money and a few bona fide people who share the message. and the game goes on until the black billions are white and the white billions have disappeared into thin air.

Where's ma man crucio so we teach everyone?

You guys set your alarms already?

we need 7k then 8k so we can recover some money

I am on bitmex at the moment looking to do some margin...will short BTC soon but not sure when...

how is your weak trader game going?

There's ma man. It's going alrite alrite, i can't complain. The alarms were set in right places and money is pouring in.

you've said enough man.. stubborn... and know it all. Lame man... really i hope you are a better person in real life and not this POS know it all fuck that you appear to be on gfy

The downside with BTC's current stability is it's hard to make a few quick thousand bucks when it drops and pops back up. This stability might indicate a floor, pent up demand brewing and a sustainable rally past 7K.

Or, that nice people got ripped-off by one too many scammers during the run last Sept-Dec, and are back to other markets.

Scam Pump And Dump hype, Scam mining sites, Scam fees...

Please don't stop
Level 110 trolling of internet wannabe. Roast him.

ok lets try an experiment...it is called "ladida and anal paste are dumb shits who could not trade 20$ for 10$"

here are the rules of lazy ass trading I will be using just to prove the point:

1) my base position is always in USD, I believe we are in a bear market and I will hold crypto only for a trade
2) the yellow line is my buy order, I will not set an alarm or follow the trade at all, I will buy in automatically at the yelow line
3) I will blind sell exactly 1h after the buy order is filled...I will not follow the price, will not trail my stop loss...I will open a 1min chart and pick the exact value 60min after the buy order and sell at that price
4) I am free to draw another buy order-yellow line when ever I feel like it...if BTC dips to a lower level, my purchasing power has risen, it will be calculated as profit when my next buy order is executed...
5) profits are calculated in coins not USD...I will not be cashing out any of my profits for the next few years...I only care about how many coins I can buy for my USD value
6) to keep this simple, for this experiment I will trade only BTC even though I never trade BTC because it is the least volatile...


ok current BTC value is 6570...buy order set at 6635...current profit 0%...I am confident that profits in 1 month will be in the 15-20% range just with this shit LOL

I'm not trolling. Me and crucio are raking in money by the buckets. I have so many alarm clocks in my house i look like i fix clocks for cash.
I agree man. Experiments are nice. It's easy to show how ez this is by experimenting. I am joining your experiment. I would be a pussy if i didn't follow ma' man crucio in all this. We're in for the long haul!

First, let me fix your graph. You with those candlesticks and red yellow blue etc lines, you must realise people are not knowledgeable like you and me. Those mean nothing to them. I am fixing your graph for bear market. People understand simple things. RISE and FALL. That's all. Let's keep it simple for the newbs brah.



Ok, now that we simplified the graph. I will join you in your expedition by setting buy and profits. No alarms this time i agree. People first need to learn simple concepts and buying alarms confuses them. I will start from your point 4 and set yellow lines the same way.

I will, if you don't mind expand a bit on this again and predict my yellow lines in 3 day increments so if someone wants to set an alarm on my yellow lines, they are free to do so as it will rake in huge amounts of profits that you don't cash out anyway so there's no actual money in your pocket but its profits. Virtual profits is what we're going in for here. We'll be rich from all the virtual cash profits in 10 years E fucking Z

My graph of buy stops no alarms. YELLOW LINES



Our virtual profits will go through the roof this way. I hope people listen to us and if they learned anything, will set alarms on the yellow lines. I am confident, same as you, that our nonexistant virtual profits since we won't be selling anything in 1 month will be huge, but i will be so bold to rate it at around 80% virtual nonexistant profit. Sorry for disagreeing with you a little bit my friend, but i think with this little competition of profits we have we're driving each other to make even more! It's like our little contest who rakes in more virtual nonexistant profits.

Take care my friend, we should revisit this thread in 1 month.