Its been really interesting reading CT these last few days with the amount of copium flowing in rivers in the bear community. If the bears were right calling the exact bottom they would be bullish right now. But their mountain sized egos wont let them admit they were wrong so they remain outside the market and continue their childish brooding like is the case with "bearfluencers" like Capo. Hes a meme at this point.
Imagine being so full of yourself that 15k wasnt close enough for you. You needed to hit 14k or 12k.
Their main word:
Manipulation!
lol. I guess it wasnt manipulation on the way down but now it is.
We are definitely closing in on a point when we can say the bear market is over but we are still not there. As you all know, theres no person born of a mother that can time the exact bottom. We only know the bottom is in when we are far enough away from it.
Obvious stuff, really.
I will be very comfortable if BTC ranged between 25k-45k for the next year. It would give me plenty of time to accumulate assets I need.
A few days ago the Ex-Coinbase CTO and investor Balaji Srinivasan placed a bet that BTC will hit 1 million USD in 90 days, that the US dollar will hyper inflate and legacy markets collapse.
That was probably the best viral marketing campaign you could do for 1 million USD. And thats all it is. 😅
But its good seeing this finally. Absurd projections that get people talking. We had the "ill eat my dick if BTC doesnt hit 500k by 2020" bet from Mcafee.
This bet doesnt have as high of a stake even though I would have definitely valued McAfees dick, at that point in time, at a much lower value than a million dollars.
Probably something like 5 bucks and a bottle cap.
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The market has its ways and we can either be bullish or bearish about it but BTC in 3 months bet, is a joke, the kind of joke I don't find ammusing.
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I have a cousin who was also very much bearish in the market and he also opened a short position. I had stopped him a lot and explained a lot but he didn't listen to me, so at this time he is going to loss about two hundred dollars. He still says the market will come back to $15,000.
Its risky being confident in any price when youre in the crypto market.
Yeah you are right crypto market is very risky.
when the NFT of your dick is worth more than the dick itself
😅
500k or 1 million USD sounds not sensible.
Cant stop people from dreaming. :D