Will hope to buy later on after I get back on my feet!!
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With Jihan's departure, does anyone know the current holdings and intentions of Bitmain and Jihan when it comes to BCH?
I gather they would have been selling over the last couple of years with the drama in the company too, is that info available somewhere?
5 years ago, I started my journey with Bitcoin.
I was encouraged to buy. I was reluctant. About 0.5 BTC was gifted to me by my friend. He said I should keep it and see how it feels.
Who knows that what he gave me would ever worth $15,000?
I'd love to see this so much. I could hold BTC and ETH without the $10-80 fees!
I wish bitcoin.com or some other friendly exchange would do this already because only an exchange can.
does anyone here actually have a plan to sell at some point?
models like s2f which if followed to their conclusion will have bitcoin worth more than all the real estate in the world in not too long a time. There is absolutely no way this will or can happen, the utlity value of real estate is always gonna be worth more than something like bitcoin. so there is no way this model or similar models can be accurate.
ok lets say bitcoin completely replaces the entire banking system and gold (which it wont replace either ever, but for arguments sake lets say it 100% replaces them)..... im gonna round up that value to $20 trillion.
which rounding up again is 1 million USD per bitcoin. is that the kind of number everyone here is waiting for?
i have purchased bitcoin 3 times starting in 2013 and sold out completely 3 times. my last purchase was earlier this year at approx $6 XXX
the most worrything thing to look at if you are long is how many wallets are worth more than 1 million USD vs say 6 months ago. the number is insanely larger, like 3x. at some point, there is going to be intense pressure for these millionaires to cash in. you can live in a brand new house your bitcoin buys and pass that on to your family for generations, you cannot live in your bitcoin.
does the sell pressure happen at 30k? or 250k? i dont know.... im all ears on that one.