20i Domains

Who's Holding BTC?

Discussion in 'The Bar' started by Hay, Aug 18, 2020.

  1. Murray

    Murray Well-Known Member

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    Its more of a protest/movement, I did think people would have held onto their gamestop stock up to $1000+

    My conviction on that is getting less now the markets look a lot happier and robinhood etc have blocked gme purchase
     
  2. Domain Forum

    Acorn Domains Elite Member

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    articles.co.uk
     
  3. dee

    dee Well-Known Member Acorn Supporter

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    Yep. Unfortunatley though the only people who'll lose all their money are the punters / retail investors. There'll be a lot of people make a lot of money, and even more lose loads.
     
  4. Adam H

    Adam H Well-Known Member Exclusive Member

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    Broke 33k, could see it going up from here. If it passes 36k we'll see 50k soon i reckon.
     
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  5. dee

    dee Well-Known Member Acorn Supporter

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    yep 33 gone . Although be careful. Still hasn't broken the downward channel line.

    Screenshot 2021-01-28 at 22.04.24.png
     
  6. Adam H

    Adam H Well-Known Member Exclusive Member

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    lol, well thank you Elon Musk lol
     
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  7. dee

    dee Well-Known Member Acorn Supporter

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    What's he said?
     
  8. Adam H

    Adam H Well-Known Member Exclusive Member

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    He tweeted he was buying BTC and its just shot up above 36k
     
  9. dee

    dee Well-Known Member Acorn Supporter

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    I saw it spike. Imagine being able to do that with a tweet.
     
  10. Adam H

    Adam H Well-Known Member Exclusive Member

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    lol yeah happens alot, some guy has just said if Elon buy 1 bitcoin for himself ( Not tesla ), he'll donate 50k to a charity of his choice. If Elon responds I can see it going up again.

    When all the instiutions have the investment confrence on bitcoin on the 3rd/4th Feb, if a tiny percentage of them take the investment advice it will be a big push aswell
     
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  11. Murray

    Murray Well-Known Member

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    Losses on short positions in U.S. firms top $70 billion - Ortex data

    https://www.reuters.com/article/us-...firms-top-70-billion-ortex-data-idUSKBN29X1SW

    70 billion and gme is 100% up premarket

    This does have the potential to crash things, everything, this is a very precarious time
     
  12. twostepsbehind United States

    twostepsbehind Active Member

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    Tether's market cap went up 500m in the last (i.e. printing from thin air) and BTC is now going up

    When Tether stopped printing for a week BTC was flat and started falling

    (Tether is not back by anything)
     
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  13. geniejjc United Kingdom

    geniejjc Active Member

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  14. ian

    ian Well-Known Member

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    Really, Tether's marketcap has dropped in the past 2 days, only up over the week, so not at all in line with this sudden increase by Bitcoin!

    chart.jpeg
     
  15. twostepsbehind United States

    twostepsbehind Active Member

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    Even your own graph shows the trend...?!
     
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  16. dee

    dee Well-Known Member Acorn Supporter

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    Will be interesting to see what happens this week with the Gamestock saga. This really seems to have taken hold. The hate for Robin Hood is pretty large at the mo it seems.

    Dogecoin aswell could possibly blow up again. There's a similar movement going on to try for 1 dollar and lots of people waiting for deposited funds to clear tomorrow it seems on reddit. Who knows.... popcorn at the ready.
     
  17. Adam H

    Adam H Well-Known Member Exclusive Member

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    Apprently XRP is going to blow up at 8.30 EST ( 1.30pm our time ) tomorrow.

    But yeah, Pre-market open tonight and Market open tomorrow on traditional markets will give a good idea where Bitcoin is heading, but its going to be an interesting week, lots of action.
     
  18. dee

    dee Well-Known Member Acorn Supporter

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    XRP is already on the way up (currently up about 80 %) on rumours. Although at least it has some fundamentals behind it. It tanked because of the SEC courtcase, but people are saying it should win.

    Dogecoin was literally a joke coin, which is precisely why its been run at. Weird times at the moment, but hey, easiest 80%+ profit ive ever made in about 8 hours on Friday.
     
  19. twostepsbehind United States

    twostepsbehind Active Member

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    Everything has gone mental. People just buying, holding, pumping, with no logic, analysis, or sound rationale whatsoever

    It’s just speculation and people riding the wave and getting in and out at the right times are doing well, but that requires keeping your fingers on the pulse of this wild west world of crypto and stonks
     
  20. ian

    ian Well-Known Member

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    Tesla have confirmed through their SEC submissions that they've acquired $1.5 billion in Bitcoin and will soon accept as a form of payment for their products.
     
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  21. lazarus

    lazarus Well-Known Member Exclusive Member

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    I love this meme

     
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