I don’t see any solid reason btc will fail near future. Peeps already know what it is and…

1JLButMZPU7xu2PUBPxekTcpJKPzZuaTuZ (864) · January 30, 2020

I don’t see any solid reason btc will fail near future. Peeps already know what it is and the market likes it. I also don’t get peeps constantly saying it’ll crash. It’s target is clear: $50k. Hard to go there but also hard to prevent it to not go there.

Replies

1JLButMZPU7xu2PUBPxekTcpJKPzZuaTuZ (3667) · January 30, 2020

Btc is not going to reach 50k ever.

1JLButMZPU7xu2PUBPxekTcpJKPzZuaTuZ (864) · January 30, 2020

Can be a 5 min candle. Never say never.

1JLButMZPU7xu2PUBPxekTcpJKPzZuaTuZ (678) · January 30, 2020

I think its time we stop this muh BTC going to 0 stuff. Let it pump. BSV will outpump it.

1JLButMZPU7xu2PUBPxekTcpJKPzZuaTuZ (16592) · January 30, 2020

I hope BTC reaches 50K before BSV starts to rise. If BSV starts to outperform BTC I want BTC to be way higher than $9,000 so that it’s MC can flow into BSV. 🐉

1JLButMZPU7xu2PUBPxekTcpJKPzZuaTuZ (1612) · January 30, 2020

Well the thing is it literally can't get to $50k because if it's used at all, it breaks. As long as it's being ignored & just slowly decaying, it's fine. If people notice it & try to use it, it actively breaks itself. Either way is a dead end, so, no hope.

1JLButMZPU7xu2PUBPxekTcpJKPzZuaTuZ (2160) · January 30, 2020

i leave room for the "numbers" to "get there"
but numbers are just a facade
last price on a bucketshop ≠ value outside of a bucketshop
and when there are no miners processing transactions, writing to the chain & moving coin how meaningful is 50k BTC then?

1JLButMZPU7xu2PUBPxekTcpJKPzZuaTuZ (1612) · January 30, 2020

Yeah it's not the value it's just the price!! "BTC" could easily produce short-term unreasonably high prices here and there just because sometimes it doesn't work well enough to allow the markets to have supply!! :/

1JLButMZPU7xu2PUBPxekTcpJKPzZuaTuZ (13837) · January 30, 2020

https://twetch.app/t/0c0f382121a09b3fd0eac7756b8ea6147591baf32cdc5bb7692f55862adcdec3

1JLButMZPU7xu2PUBPxekTcpJKPzZuaTuZ (6450) · January 30, 2020

Because eventually people will recognise the other projects aren't delivering what they promised or they get taken down as governments go after the crims of the dark net.