Once the CBDC is online , the bitcoin will fall hard. Now we wait for Digital Yuan to pick up the pace.

Digital currency made by world bank and backed by it, they could announce it's tied to gold or oil like the USD. Then it will have value !! BOOM GG to Bitcoin go down to ZERO as Buttcoin is only by trust of dunno who !!!!!

People can dream big even it is a laughing stock. Buttcoin hodlers are afraid of big dream of Bitcoin going zero. Bitcoin to Zerooo they will go 14th Floor.

Why, ... you missed me, ah.? 
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I doubt any buttcoiner would wanna buy a NFT crypto-porn-nude of a "dark pussy", especially Benefon .
.

So easy? What if someone wants to cash out and ordered for all his/her digital currency be exchanged into gold? Will world bank have enough to give? Cannot just simply claim backed by this or that. Else, we'll have a 'world bank' run

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Today's paper money is backed by foreign currency reserves kept by the countries' Central Banks, ie "I back your paper money, you back my paper money".
....... Before 1972, paper money was backed by gold bullion reserves. .......

https://www.investopedia.com/terms/f/foreig...ge-reserves.asp - Foreign Exchange Reserves - 20 Sep 2020

https://www.investopedia.com/terms/b/bretto...dsagreement.asp - Bretton Woods Agreement and System - 30 April 2020
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USA and USD is "Too BIG to fail". No matter what happens, the USD will be propped up by the world community since most of the world trade depends on the USD.
....... The US Stock Market and Buttcoin is a different matter, ie they can fail or be crashed by BIG Shark/Whale market manipulators.

As for the falling Turkish Lira, President Erdogan is a good Islamist, good militarist but not a good economist. Most Islamist leaders are like that, eg Iran's Ayatollah Khameini.
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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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Ahh shit. I held thinking can get lower. Should've listened to great fudbois. This morning dip recovered already

If it really shoots up to 1 mil per ounce. May people will sell off whatever gold/jewellery that they are holding. Instant millionaire. There's still the supply and demand factor. Not that easy to achieve 1 mil per ounce. Digital art could be the new crypto 

WTH 🤦🏻‍♂️
Lol, you again 😏😏

What is NFT ?

wat he posted again? Doge?

4SH datang lagi.

Why would you want to know when it exceeds the US100k mark?

You are a no coiner.

Where is your bff kp? 

no coiners can become coiners tomorrow ! lol. IINM this article and situation applies to those that plays futures.

Mar 25, 2021 at 12:13 a.m.
Updated Mar 25, 2021 at 12:34 a.m.
They call it “max pain” in the bitcoin options market: How to make one’s trading counterparty suffer the most.

Although the largest cryptocurrency was changing hands Wednesday around $56,500, traders were handicapping the odds of a plunge to about $44,000 by Friday, when a record $6 billion of options contracts is set to expire.

A drop to that price level would inflict “max pain” on buyers of options contracts, and it might be the most profitable price point for options sellers. It’s a remote risk, but not one to be discounted.

The max pain theory states that the market will gravitate toward the pain point while heading into the expiry. That’s because sellers – typically institutions or sophisticated traders with ample capital supply – often try to push the price toward the max pain point by buying or selling the asset on spot or futures markets.

The bullish spin is that if bitcoin makes it through Friday without a major correction, a major overhang will be lifted.   

“Max pain for the March 26 expiry is currently $44,000 on Deribit,” Luuk Strijers, CCO of Deribit, the world’s largest crypto options exchange by trading volumes and open positions, told CoinDesk. “That does not mean the market will move to $44,000 by the end of this week, but it does imply that after Friday this potential downward pressure no longer exists.”

read the rest here: sos expiry

Yup, it won't be up forever, you would be delusional to believe so. But the real question is has it reach the the price ceiling? I doubt so. What if BTC only stay stagnant at above 500k USD? You will be kicking yourself not to buy BTC when it is at 50k+ USD right now.

Even if it reaches 500k USD, BTC won't stagnate given that there is a hard cap of 21millions BTC in existence. To changed that 21millions you would need trillions of dollars by that time in order to force change the consensus rules.

500k USD is a real possibility given the recent institutional craze for BTC. Most recent news is that Tesla has enabled BTC payment on their website. https://www.google.com/amp/s/www.bbc.com/ne...nology-56508568

Average joes always like to think in hindsight when the opportunities were presented right in front of them but they dismissed them with skepticism. Think of how many people regret not buying Apple and Microsoft stocks in the 1990s.

Don't miss the boat.

To d moon

No
Can't c moon

But c longkang

probably tesla price tag worth of bitcoin with discount for choosing btc as payment