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Back on topic ... when is Bitcoin going to rocket to the moon to >US$100k, since your OP was on 16 Feb 2021.? Next month.? Next year.? .......
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This seisohai who sounds like a broken record that repeats itself, lai liao.

BTC go up to US$70k again, seisohai.?
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The Unholy Trinity of 4coinsohai's = ...

1. Doomsday
2. steady bro
3. icehart85

All 3 of them can go gosok each others' bebird till they come and pancut BTC to the moon to US$70k or US$200k
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This post has been edited by lurkingaround: Mar 24 2021, 09:59 PM

Probably the prices of 1BTC= <US$30k were the first few bids for the 0.75BTC that was recently auctioned by gsa.gov(= US government). .......
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https://www.washingtonpost.com/business/202...ioning-bitcoin/ - A car, some jewelry and a piece of cryptocurrency: The GSA is auctioning bitcoin - 16 Mar 2021



https://gsaauctions.gov/gsaauctions/aucitds...=4KQSCI21105001

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Who is the seisohai who won the bid on 17 Mar 2021 = just bought 0.75BTC for US$53k(1BTC = US$68k) from the GSA/US government.?
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Another BULLISH seisohai, ... same like 'steady bro' and icehart85 who often make sohai noise every time I posted here.

Syie9^_^ not soh like them.
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Were you the seisohai who bought 0.75BTC for US$53k(1BTC = US$68k) from GSA/US government.?
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We too.

Wonder who is the seisohai who bought ShinG3e's CAKE-coins today at prices of 1CAKE = US$18, when it was going for only US$0.60 in Jan 2021.? 'steady bro'.?
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Fyi, coincidentally, 1kg of Physical Gold = about US$56k = 1BTC or 1 "kilogram" of Digital Gold. Is it better, safer and less risky to keep 1kg of Physical Gold or 1BTC.?
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Still got chance, ... CAKE 18! 🚀🚀🚀🚀🚀🚀 Next stop, 100. ( ) .......

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This post has been edited by lurkingaround: Mar 28 2021, 02:33 PM

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https://www.bbc.com/news/technology-55755820 - The great graphics card shortage of 2020 (and 2021) - 24 Jan 2021

"Why is there a big shortage?

There's no single reason for the huge demand.

Early last year, Chinese manufacturing was temporarily limited due to the coronavirus outbreak; later, shipping delays hit the electronics market; and the price of Bitcoin has made "mining" - using GPUs - more lucrative. ..."
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@ Syie, iceheart85 steadybro ....... Wooi.! ... Sudah 2-3 bulan. Bila nak pancut ke US$80k or US$100k or US$200k.?
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Will you buy 1BTC if 1BTC = US$100k or = US$1,000k or US$1 mil.? How many dungus will.?

Note that today there are about 18,000,000 bitcoins already mined or minted or issued. About 150,000 bitcoins are mined/minted per year. With better GPU/ASIC, communist CCP China's bitcoin miners have cornered about 80% of the mining since 2018 = 120,000BTC per year. = about US$7bil per year for China's economy in 2021. Theoretical limit is 21,000,000 bitcoins issued by year 2041.

Wanna manipulate/pancut also, the BIG Whales or Sharks must see how many sucker small fries/ikan bilis (= gullible Retail investors) are out there willing to pay BIG money. Eg can they manipulate/pancut the DJI from today's 34,000 points to 50,000 points or 100,000 points, and when.? Possible but likely in 10 years' time, ie not this year.
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This post has been edited by lurkingaround: May 4 2021, 12:57 PM

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https://www.theedgemarkets.com/article/bitc...-cryptocurrency - Bitcoin tumbles after Musk implied Tesla may sell or has sold cryptocurrency - Patrick McHale & Yueqi Yang - Bloomberg - May 17, 2021 09:48 am = 6 hours ago
"His latest dustup with Bitcoin started with a tweet from a person using the handle @CryptoWhale, which said, “Bitcoiners are going to slap themselves next quarter when they find out Tesla dumped the rest of their #Bitcoin holdings. With the amount of hate @elonmusk is getting, I wouldn’t blame him...”

The Tesla chief executive officer responded, “Indeed.” "

BIG Shark market manipulators have proxies or co-conspirators and are facetious or 2-faced. Has Elon Musk sold Tesla's bitcoin holdings of about US$1.5 billion or his other own or cohorts' bitcoin holdings at the a-few-days-earlier price of about US$60k.?
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Maybe another reason for the present bitcoin dip/slide, ie the US government cracking down and seizing illegally acquired bitcoins = eg less market manipulation of the price of bitcoin to the moon by ransomware hackers who held thousands of bitcoins.? .......

https://www.elliptic.co/blog/elliptic-follo...somware-victims - Elliptic Follows the Bitcoin Ransoms Paid by Colonial Pipeline and Other DarkSide Ransomware Victims - 14 May, 2021
"It has been reported within the past hours that DarkSide itself has ceased operations and has had its funds seized - and indeed their wallet was emptied of the $5 million in Bitcoin it contained on Thursday afternoon. There has been speculation that the bitcoins were seized by the US government - if that is the case they didn’t actually seize most of Colonial Pipeline’s ransom payment - the majority of that was moved out of the wallet on the 9th May."

https://www.wired.com/story/feds-seize-bill...k-road-bitcoin/ - 11.05.2020 - The Feds Seized $1 Billion in Stolen Silk Road Bitcoins
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My theory is that this has been a pump-and-dump scheme manipulated by CCP China's state-backed bitcoin-miners and ransomware hackers, ie to dump their hoard of thousands of bitcoins at high prices(= US$60k per BTC, from US$10k in Aug 2020) in Feb-Apr 2021 to greedy and gullible retail investors. After being dumped, the Coiner-girlfriends become depressed = bitcoin prices dip/slide.
....... The high prices of bitcoin can only be sustained if there are many willing Retail buyers believing in the hype that the 1BTC = US$60k prices will rocket to the Moon to US$100k or higher.

So, bitcoin prices should settle to around US$20k- 30k in the coming months before the next same pump-and-dump scheme next year or next-next year, eg 1BTC pumped from US$30k to US$200k. Note that the previous pump-and-dump scheme was in Dec 2017 = about 3 years ago, ie 1BTC pumped from US$3k to US$20k.

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When gambling/speculating is involved, lottery companies make profits by playing on people's greed and insurance companies make profits by playing on people's fears - many losers pay for the very few winners. Similarly for the profit-making BIG Whale/Shark market manipulators, ie many losers and very few winners among the Retail investors during a manipulated market crash after their pump-and-dump scheme.
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Market manipulation is kacang putih, eg by using proxies or agents or representatives or co-manipulators or cohorts or partners-in-crime or mules, eg .......

https://www.thestar.com.my/aseanplus/aseanp...-market-rigging - 2021/05/19 - Singapore-court-fines-indonesian-tycoon-kris-wiluan-S$480,000-for-market-rigging

Seems, the market regulators are mostly just closing one eye to all these manipulative shenanigans that enrich the BIG Whales/Sharks who might have "donated" $thousands to the politicians. Similarly for the enrichment of the helangs, banks, corporations, businessmen, etc, at the expense of the many many Rakyat, especially greedy gullible Retail investors = small fries or ikan bilis.
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https://www.forexlive.com/Cryptocurrency/&#...rading-20210521 - Bitcoin-falls-after-china-reiterates-call-for-crackdown-on-crypto-mining-and-trading-20210521

Seems CCP China is worried that bitcoin price may be crashed down to US$10k or below by the BIG Shark market manipulators = many Chinese bitcoin miners and traders go bankrupt. IOW, the CCP China government is acting preemptively to protect her citizens from "losing all their money" in bitcoin mining or trading if the crypto-coin market suddenly crashes.

But aren't the Chinese bitcoin miners part of the BIG Shark market manipulators who have pumped the price to around US$60k in March 2021.? If no more Chinese bitcoin miners, this will benefit bitcoin miners in other countries.

I doubt bitcoin price will crash to US$10k or below, ie the BIG Shark market manipulators will likely not go so low. It should settle around US$20k to 30k.
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As for the Digital Yuan, CCP China can't go it alone even though it is a control-freak, ie CBDC has to be adopted worldwide at around the same time, for it to replace bulky cash and bankcards, and be foreign exchangeable, eg for online shopping.
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No la. Should may be .......

Dec/2012 start - End June/2013
Dec/2017 start - End June/2018
Dec/2020 start - End June/2021
Dec/2022 start - End June/2023(.?)
Dec/2024 start - End June/2025

Next bitcoin halving is 2024

ie, bear years reducing from 5 to 3 to 2-1 years.

Next bitcoin zeroing is 2031(.?)
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Syie9^_^: ... "Bull is NOT over! "


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This post has been edited by lurkingaround: May 29 2021, 10:23 AM

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Where are the seisohais, ie iceheart85 steadybro bbbuuuggwp @Asquith aka BillCollector .?
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Remember to not buy Bitcoin at peak prices, eg US$20k in Dec 2017, US$62K in March 2021 and US$65k in Nov 2021.

Similarly for other speculative investments, ie don't be a sucker or don't get sucked in by media hype. .......

"There's a sucker born every minute." - PT Barnum = foolish-greedy suckers/victims of monopolists, business cartels, masterminds, price-manipulators/"gangsters", money-scammers, etc.
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This post has been edited by lurkingaround: Oct 24 2023, 03:42 PM