I don’t see any solid reason btc will fail near future. Pee…

Twetch ·

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

Twetch ·

Btc is not going to reach 50k ever.

Twetch ·

Can be a 5 min candle. Never say never.

Twetch ·

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

Twetch ·

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. 🐉

Twetch ·

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.

Twetch ·

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?

Twetch ·

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!! :/

Twetch ·

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

Twetch ·

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.