Bitcoin Smashes Through 18,000 USD. Where to From Here?
- Thread starter Scott7
- Start date
thebrokenflipflops
Regular Member
Where to from here for sure!
Do you think Bitcoin is the only cryptocurrency worth following?
Do you think Bitcoin is the only cryptocurrency worth following?
Scott7
Top Contributor
For censorship resistant store of value and transfer of value, yes.
Some other cryptocurrencies have use cases and can be a potential source of short term gains, however, none come close to Bitcoin.
thebrokenflipflops
Regular Member
Data Glasses
Top Contributor
For me it was the term "store of value" that grabbed my attention
Data Glasses
Top Contributor
I think it was Cypress that took money from bank accounts over $100,000 ..... people woke up to discover the country stole their money overnight! That cannot happen with Bitcoin.
Scott7
Top Contributor
Yep, it was 50k.
Scott7
Top Contributor
By censorship resistant, I mean that you can store Bitcoin, send to anyone or receive it from anyone, and no government, corporation or bank can stop the transaction. Value is transferred without requiring the permission of gatekeepers.
For example, back in 2011, when Wikileaks was cut off from all traditional forms of making and receiving payments, they started accepting donations in Bitcoin.
Data Glasses
Top Contributor
I think one of the South American countries also did something similar?
Data Glasses
Top Contributor
"The big banks can also manipulate the gold and silver markets .......https://www.moneymetals.com/podcasts/2016/12/23/gold-silver-market-rigging-000975"
thebrokenflipflops
Regular Member
Wow... this is interesting stuff.
I'd heard about other countries accessing citizens money.... but didn't realise it was at anything above $50K.
I'd heard about other countries accessing citizens money.... but didn't realise it was at anything above $50K.
thebrokenflipflops
Regular Member
Have also heard a bit about the bail in/out laws here.
Scott7
Top Contributor
I was wrong about this. It was 100k euros.
Data Glasses
Top Contributor
Nearly at it's all time peak again !
Scott7
Top Contributor
Yep, BTC hit 27,322 AUD on Coinspot earlier today.
IMO, 27k now, is like 1k in late 2016... things are just warming up for a mind blowing bull run in 2021.
Data Glasses
Top Contributor
Will Trump claim it was his doing's?
Scott7
Top Contributor
Nope, I'll be claiming it first
Data Glasses
Top Contributor
Good, now I know it's not rigged!Nope, I'll be claiming it first
Scott7
Top Contributor
Bitcoin has broken through 28k AUD for the first time ever.
Data Glasses
Top Contributor
Up to $31,000 hooray for BlockCoin !
