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BITCOIN Discussion..........

flyingillini

flyingillini

Joined
Jul 25, 2022
Messages
28,439
The BitCoin thing is interesting as its block chain has always been it's primary asset. Some say quantum computing is close to cracking that, in which case nobody is going to keep mining.

I can't imaging the heartache the crypto bros are going thru now- just watching your life's savings she'd value daily like this, it's gotta be sickening...but they always said BTN holders had a leveraged ratio of nearly 10:1...which would indicate a true cash on cash invested value $10k-$20k

Don't the criminals use Tether nowadays anyway?
I can speak for the criminal activity in Myanmar and Campuchia they all use USDT. I actually did some business a few months ago in Campuchia and as soon as I received the USDT from someone Binance locked my account. I had to provide where it came from and how I knew the person. There is a ton of illegal stuff with crypto in SEA especially with the scam call centers in Campuchia. My funds were frozen for 72 hours. Never experienced anything like that in my life. There were some murders behind USDT that week in Campuchia. A ton go extortion going on. They definitely had an idea it could have been from something illegal.
 

ktollinche

ktollinche

Joined
Sep 16, 2025
Messages
507
Dead cat bounce... Not trusting it one bit.

Whatever I bought at 71K, I am selling at 75K.

I was thinking 60K might be the low, but that assumed the stock market would have gone down as well. Since that didnt happen yet, BTC should go way lower, when the market finally corrects
 

jjgold

jjgold

Joined
Oct 15, 2021
Messages
46,655
Dead cat bounce... Not trusting it one bit.

Whatever I bought at 71K, I am selling at 75K.

I was thinking 60K might be the low, but that assumed the stock market would have gone down as well. Since that didnt happen yet, BTC should go way lower, when the market finally corrects
Yeah I don’t see any strength to it
 

flyingillini

flyingillini

Joined
Jul 25, 2022
Messages
28,439

Archie

Archie

Joined
Nov 8, 2021
Messages
9,423
my numbers have it going down to 8-12k and then staying there till about 2030 then it could go to 0 or 30-40k
 
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