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The future of Crypto

Adribaasmet
Jan 29 2020 at 07:40
937 posts
Trallod posted:
IT's not very bright anyway so people may want to get back on you really and completely and you may do the same for them. How will you plan to prolong your doings here? I do not assume that much. Thanks for that matter anyway.


Hello? Are you talking about crypto or anything else?

togr (togr)
Feb 07 2020 at 07:52
4862 posts
So guys we are back to $10,000 for one BTC.
I suppose we will get close to $30,000 during this year

burstfiltering
Feb 07 2020 at 12:21
9 posts
Is that a joke? $30,000 for BTC is a fantasy. BTC is still volatile but gone are the days of the bitcoin craze and massive price increases

togr (togr)
Mar 04 2020 at 11:56
4862 posts
Right now BTC is around $8,729.4
My guess: it will touch 10,000 soon again

Taeusz1342354 (Taeusz1342354)
Mar 04 2020 at 12:58
21 posts
niceGLer posted:
togr posted:
Molly141 posted:
I mean eveyrbody going on about how it was guaranteed money, then it crcashed.


Well crypto is volatile there is no guarantee you will profit from hodling, but you could have make a lot of money shorting it.

There is no asset with the price always growing.


Initially bitcoin was marketed generally as a non-inflationary currency. It was told that it is deflationary, and because one can't increase the amount of bitcoins its value is going to increase. What has happened to cryptocurrencies is actually lot worse. Although, when I saw the graph of BTCUSD I saw classical signs before market crash: that is exponentially rising value.
With a classical inflationary currency one usually has a lot of time to react in normal inflationary conditions.

Most of the people would have been satisfied with bitcoin maintaining its value.


I suspect that cryptocurrencies in general have lost their credibility for a long time. Besides, there are tens of alternatives for investing on cryptos. Who can say this is the right one?

With Bitcoin, everything is not so clear. But it is impossible to accurately predict his behavior

togr (togr)
Mar 04 2020 at 13:51
4862 posts
BTCUSD is not the only pair, there are hundreds of coins.
But if we focus on that pair how can anybody say it is not profitable?
Buying JAN 17 for $1000 selling JAN 2020 for $10,000
Buying JAN 18 - no propfit/loss
Buing JAN 19 for $3000 selling JAN 2020 for $10,000
Not talking about buying JAN 17 for 1000 selling DEC 17 for 20,000

The only mmnt it was not worth it is DEC17/JAN18 for that 20,000
But these are just 2 months all other months it should be worth it.

swaggering
Mar 06 2020 at 10:39
10 posts
togr posted:
BTCUSD is not the only pair, there are hundreds of coins.
But if we focus on that pair how can anybody say it is not profitable?
Buying JAN 17 for $1000 selling JAN 2020 for $10,000
Buying JAN 18 - no propfit/loss
Buing JAN 19 for $3000 selling JAN 2020 for $10,000
Not talking about buying JAN 17 for 1000 selling DEC 17 for 20,000

The only mmnt it was not worth it is DEC17/JAN18 for that 20,000
But these are just 2 months all other months it should be worth it.


Hindsight trading is very easy but in a live market it is almost impossible to get in at the bottom and out at the top

S0plo
Mar 11 2020 at 01:03
3 posts
Crypto will definitely become in demand but it's developing and spreading too slow.

togr (togr)
Mar 11 2020 at 07:48
4862 posts
What does suprise me is current situation.
Fiat money are showing its weaknesses nowadays when people are afraid even touch them.
Not talking about politics and their crazy plan to figh virus and yet not kill the economy.
In such conditions I would expect BTC attacking at least $20,000, not 8,000.
But perhaps it will move that way soon

togr (togr)
Mar 16 2020 at 18:36
4862 posts
togr posted:
BTCUSD is not the only pair, there are hundreds of coins.
But if we focus on that pair how can anybody say it is not profitable?
Buying JAN 17 for $1000 selling JAN 2020 for $10,000
Buying JAN 18 - no propfit/loss
Buing JAN 19 for $3000 selling JAN 2020 for $10,000
Not talking about buying JAN 17 for 1000 selling DEC 17 for 20,000

The only mmnt it was not worth it is DEC17/JAN18 for that 20,000
But these are just 2 months all other months it should be worth it.


So we touch $5,000
Is it end of crypto or temporary drop until people realize the weakness of FIAT money which will be printed now in massive amounts to fight economy affected by Corona?

I still believe BTC will rise from the ashes.

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