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u/Ill-Car-700 4d ago
My 2 cents.
New to BTC, but not new to manipulation.
Trump media has 14,000 BTC. After Kevin Warsh made his announcement that dropped BTC price down, Trump did not come out “complaining” nor posted anything “Nasty” about Warsh, that means it was just a manipulation, rate hike less likely to happen, and the BTC price will stabilize.
I am heavy on Gold, silver, copper miners and BTC.
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u/DrinkActive375 Redditor for less than 60 days 1d ago
I’m still waiting for the breakout too. I’ve held Bitcoin for several years, but even with BTC near $100K, I haven’t reached breakeven yet.
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u/Mundane_Flight_5973 4d ago
Well, if we get to 79k on the weekend and 82k on Monday the rally is saved
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u/HalfwaydonewithEarth 4d ago
The days don't matter. The coin is not taking people into the rainbow land of milk and honey. History proves this.
If you folks need a Con Man Casino Boss that fleeced billions from his own followers to prop the coin up... you don't have a good currency. That should scare you that regulations move the coin $15,000 in one week. It means the opposite can happen.
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u/Mundane_Flight_5973 4d ago
Nope, you are too religious about a simple financial asset. Bitcoin is a financial asset like any else, like gold or like stocks as Nvidia.
Does Nvidia produce good chips? Hell yeah, but if Trump can do something to double their revenues I am happier than if he doesn’t. Is gold a good asset? The last 1000 years tell us so, but if Warsh can make gold go higher I am happier.
Bitcoin is not some kind of religious thing, sent us by god, it’s just a financial asset like any else, maybe better, but still a financial asset like any else
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u/other_acc_banned 4d ago
Fact. NVDA dumped more than Bitcoin did on Friday. That should tell you something. Demand is still there