feels like this is more market manipulation to squeeze the last dollar out of fomo investors, but I'll probably yolo some in anyway

Buying in here is for losers, everything says get out now. I'll go on the record as short at 5k.

Btc in 1 year under 5k?

elaborate ?

I GTFO a while back, though I dont see a problem getting in now(ish). aside from the fact that most coins are fairly useless there was a lot of liquidity taken out when credit cards stopped servicing the market and institutions had to implement know your customer. Thats pretty much played out. there arent imminent bad things going to happen whereas a year ago it was nonstop bad regulatory things. unless we think the headlines get nasty, i dont see a big downside.

It's probably skewed something like, -25% 60%, B/E 35%, and 2x+ 5%.

So yeah, doesn't seem like an enormous amount of downside. I generally think if you aren't in for events like this then you already missed the boat though

not only this you can do many things with Bitcoins and lots of benefits

https://********.com/blog/top-benefi...n-real-estate/

For TS

Another bit of a run going on right now...

Given the news, this was a foregone conclusion.

News?

Come on bud.

Apparently not even close to paying out.

"...Andy Pag, the founder and coordinator of Mt. Gox Legal, told CoinDesk in an exclusive interview this week that he now believes ongoing legal issues – in particular, a single massive claim by startup incubator and former Mt. Gox partner Coinlab – may hold up the crypto exchange’s civil rehabilitation process for up to two more years."

https://www.coindesk.com/coinlabs-mt...ign=2019-04-09

Been a long time. I think it's pretty easy to say this is an amazing buying opportunity. I ran a few simple numbers in my head that make it a no brainer.

1800 coins/day at $5000 = $9 mil in inflation/day

In 5 years it will be 450/coins a day. If there is at least the same demand for BTC we will need at least $9/mil a day in inflation. So $9 mil / 450 = $20,000. Go 9 years and it'll be $40,000.

I mean it's only done it many times before and the math is there. The following is also there. It's officially been accepted as money by the people. I ain't scared.

Shorts are also at an ALL TIME low. Any rise right now is not shorts covering. They ran out of money and learned it works every time but once.

this is the part that needs to be thought about. the rest is just easy math.

I agree that is not a smart assumption by onemore, but I think saying "It's officially been accepted as money by the people." is the dumber assumption.

How many exchanges are there world wide? Look at the infrastructure BTC has compared to back in the day when there was Mt. Gox and Mt. Gox only. Japan has rendered it legal currency. You think this trend is just going to stop and reverse? That's not how things work.

You think this is a bubble or what? The bubble is fiat and when you get that through your heads the whole concept will click. Down the road people aren't going to be talking about what a bubble crypto is, they will be talking about the insanity of the monetary system that people accepted for so many years.

The federal reserve gets to print money how they please and they don't answer to anyone. On top of that, their practices are in such the best interest of the people that they refuse to be audited because they are above the law. How ****ing ******ed do you have to be to not understand that is insanity.

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning" Henry Ford

You don't think there will be a demand for the ability to send money directly to someone digitally? You realize there is no way to do that without a 3rd party unless you use crypto? (This is one of the biggest things that doesn't click with people.)

Ya, maybe people will prefer to use banks and be under all the rules of them, and not to mention the ridiculous transfer times. Ya, there probably won't be as much demand for bitcoin down the road.

Just because there are a bunch of exchanges doesn't mean it is being used as currency. There are more stock exchanges that crypto exchanges... does that mean that you think stocks are also currency.

I wasn't saying anything beyond BTC isn't being seen as currency. I could think BTC is a great value or in bubble territory and that wouldn't change the fact that people have not accepted BTC as money as you said.

Again, I never said the fed is doing a great job. There are doing a terrible job yet somehow they have convinced a lot of people that they were the reason we were lifted out of the recession of 2008 and they are taking credit for the economic growth of the last 10 years.

If people haven't accepted it as money why the hell are there tens of thousands of transfers a day and the value is over $5000? What exactly have they accepted it as?

according to coinmarketcap there are 255 crypto exchanges. not sure how many stock exchanges there are.

Again, you are making claims about BTC that have nothing to do if it is money or not. There are thousands of houses transferred every day. Do you consider houses as money as well?

Many people have purchased BTC for speculative purposes.

Hoax trading.

highly speculative investment vehicle.