>unironically shorting bitcoin
>longing Bitcoin
Based and halvingpilled
BTC liquidity has been disappearing while volume is stable.
coin.dance
coin.dance
we will pass the ath in a few months probably in two.
>liquidity has been disappearing while volume is stable
Can you explain what exactly the difference between volume and liquidity is?
>t. brainlet
You really believe something called "wookalich?" That sounds like the name of a 3 year old's imaginary friend
we need tards like you to bring more liquidity
imagine all the bitcoins CZ and Bitfinex have to dump
stop trying to catch a falling knife
>Volume in usd of moved money in and out of crypto
>Liquidity ammount of btc being traded.
Basically the supply of btc is disappearing from the market as you can see in this chart
coin.dance
Meanwhile you can see the usd being traded as stable here
coin.dance
Localbitcoins gives the most real data of this market and you can see in the btc chart
coin.dance
That before 2017 bullrin the btc supply collapsed dramatically in may 2017.
Now you can see the same shit happening since march 2019.
Supply is collapsing fast while the demand is stable as a result the price bottom keeps increasing fast as fuck.
The volatility in the market is because there are 20B usd entering btc and exiting to tether of daytrading faggots but the bottom keeps rising fast so they are having less and less place to move the price.
Do the research and the math frenchbro , you will realize how little bitcoins there are.
After the halving there will be about 300k btc mined per year.
Mtgox jap government trustee has 100k, Satoshi has 1M.
If satoshi and the jap dumped all their coins with the monetary base of btc in the market today they will only collapse the price 20%.
The supply of btc now is so low that everyone will soon be considered whales.
300k created in an entire year after the halving it's absurdly little on top of that btc inflation rate will be bellow fiat inflation rate in 305 days.
We are going to 100k easily now , btc survived when it was vulnerable now it's unstopeable.
we can't even break 13,800 but we are going to 100,000$ yes
may be in 2022 but not in 2019, not it's time to dump on you guys.
who said I was a nocoiner? My cold wallet is probably bigger than yours yet I don't think 100,000$ in 2020 is doable. Also I took some profits @ 13,500$ and I need to get back in with this FIAT but it's too high now
>bitcoin
>easily transactble
>BITCOIN AS CURRENCY
>OVER $100 FEES AT MERE 20k$ price
HAHAHAHAHAHAH
fake virtual glorified gold
that's what bitcoin is currently
Very interesting, much obliged user
>Localbitcoins gives the most real data
Cause no wash trading, spoofing etc?
Another way to look at it, this chart shows the issuance (inflation) against the realized capital (transactions x price in USD). Demand goes up, liquidity (supply) goes down, price goes up.
it's a p2p exchange so the data is publicaly available as anyone can scrape the trades done due to the reviews, they provide it openly tough.
fake transactions are >50%
Bitcoin will go to 100,000$ yes but not now, now you go back to work fucking wagie
That's because we went too fast from 8k to 13k just thing for a second , we nearly doubled the price in less than a month.
But we are passing the ath this year ,and 100k by 2022 is not going to happen.
100k will happen by 2021 100% sure , but that's the low price , i expect it to be between 180k to 460k by late 2021 when the bubble explodes.
But the following halving cycle will be weird due to low inflation rate and stablecoins like libra appearing it may be the last cycle before entering a long but constant bullrun to 1M by 2025-2026
cringe
Not on localbitcoins tough , you need to deposit the coins there in an escrow before trading so the coins are real and the transactions done there are through bank wires and other payments methods rarely used in big exchanges.
The coin data is 100% sure since they hold those before trading.
And fake trades are deleted in localbitcoins because the system relies on reviews to police itself.
>now you go back to work fucking wagie
Kek
First period 2009 to 2012(pre halving)
Available: 10,500,000 BTC (50% mined)
Price increased from : 0.1 to 31 $ (319 times growth)
Second Period 2012 to 2015 (1st halving was 11/2012)
Best Buy was a year before Halving
Available :15,750,000 (75% mined)
Price increased from : 1.85 to 1135 S (575 times Growth)
Third period 2015 to 2018 (2nd Halving was 6/2016)
Best Buy was a year before Halving
Available :18,375,000 (87.5% mined)
Price increased from : 165 to 19k S (115 times Growth)
Considering that the low value after the bubble has been 3200 usd let´s assume we grow instead of 115 times , half of that(a massive reduction in growth) , 57,5 times.
That gives us a price of 182k somewere around 2021.
And this is assuming a massive slowing down in the price increases happening between halvings.
Also bitcoin will have lower inflation than the usd and eur early next year.
Assuming it keeps with the trends and we grow let´s say 100% we are going to 320k.
it only show that people avoid to KYC on shit-exchanges like Binance (or try to cash out)
Also the marketcap growth will continue until it reaches gold market cap due to btc stock to flow ratio after the halving and low inflation level.
Today there is 17788175 coins already mined
586825 till next halving to be mined
328500 to be mined from may 2020 to may 2021(halving effects are usually delayed so i added a year here).
This gives us 18703500 BTC in existance by may 2021.
Let's remove Satoshi coins
17703500 in existance by may 2021 now it's estimated that there is 4m bitcoins lost and never moved.
Let's make it 3m for pessimistics reasons.
That gives us 147811500 btc in circulation by september 2021.
If btc had gold marketcap of 7.5 tn the price of a coin would be 510k
BTC only need 14tn marketcap to reach 1M 2x of gold marketcap.
It's only a financial crisis away from that price.
From 2015 june(a year before halving) to 2017 december(a year and half after halving) the marketcap increased 75 times.
I can't check the previous halving due to lack of data.
But if we do the numbers now a year before halving(may 2019) and grow 75 times the marketcap that gives us a market cap of 7.1 Trillion by september 2021 growing at the current rate.
Divide that by existing btc at that date 147811500 gives us a price in september 2021 of 473k per btc.
cycles are getting longer, even novogratz sold @12,000$
We hit 10,700$ then we DUMP
Screencap this bulltards
oh and the gold marketcap is not that far away we are less than 5x from 1TN crypto market cap , let that sink in.
5x and assuming current rate of growth we will pass gold marketcap in 2021.
that faggot thinks ETH is legit
you're right, i say 150k to 200k in late 2021
>cycles are getting longer, even novogratz sold @12,000$
They were indeed but not this one for a few reasons.
1_BTC Inflation goes bellow fiat inflation rate
2_Interest rates were lowered again(this caused the bullrun to 13k).
3_We have reached the last asics due to the moore law limit(before game theory forced miners to sell to pay electricity and upgrade their asics) , now they will only be forced to sell to pay electricity so they won't sell as much as they did.
4_Libra will cause an era of stablecoins forced by corporations trying to take over the international wires bypassing regulations with semi descentralization.
This cycle will is getting shorter again.
Previous halving marketcap grew 75 times even if we do half as great we reach half of gold marketcap by then.
ETH is the worst shitcoin of all the shitcoins
yes yes, you should put some stop losses tho
>tradingview.com
oh for fucks sake , i give you data about the supply of btc drying up and you give me this short term crap.
Look at the supply of btc and the long term, there was never from a year before a halving to a year after a price collapse that lasted more than a few weeks.
A year before a halving always was stable price with a constant growth and a year after constant price growth non stop.
>coin.dance
Isnt decreease in volume due to ppl moving over to other avenues of purchase of BTC?
Whats the popularity or percentage of global BTC volume of localbitcoins vs other fiat -> crypto onramps?
Prolly why miners are in a race to get hashpower online
No the volume in usd is stable , what is collapsing is the supply of btc.
People are trading the same ammount of usd but there is less and less btc.
And localbitcoins data in that regards is 100% real because traded coins are put in an escrow before trading.
>Whats the popularity or percentage of global BTC volume of localbitcoins vs other fiat -> crypto onramps?
Hard to know most data of exchanges is not thrustworthy , what i do know is that localbitcoins gives a good data of the general health of the market.
Most money entering is btc > tether > tether > btc of daytrading.
But from a fiat gateway it's impossible to have a true picture of what the fuck is going on the supply of btc on localbitcoins however is a good info of what's going on and that is telling us that there are fewer and fewer bitcoins being traded.
Someone is buying a lot?
People are holding for the halving?
Miners are selling less due to not needing to upgrade their asics?
Miners decided to take debt to pay electricity and selling after the halving causing the halving to come early?
Hard to know but the data does not lie ,that's causing the price bottom to increase.
Oh and i forgot in case you did not noticed i posted two charts of the same thing one in usd volume other btc.
There is a reason France is the capital of world intelligence.
We need to raise a new Karpeles to steal your BTC once again, you obviously don't deserve to own any.
But karpeles fucking up caused a lack of bitcoin in the market due to the fact that hacker can't sell easily.
Exchanges being hacked is bullish for btc.
French people literally owning BTC is bullish yes
we are the kings of this planet
I never said Bitcoin was not going to 100,000$, I just said it's too early.
Good for you frogbro , also bitpay has thiel behind and is also part of bliderberg.
That was well know , it's clear to anyone with 3 digits iq that btc is not hated by the elite but being seen as plan b in case of marxists lunatics like sanders take over.
Is it too late to start mining BTC? I have laptop with a 1060 GTX. And free electricity
Bitcoin (BTC) is the plan A.
Debt is too big to be paid.
No one is going to pay for it
Deutsche bank 2019 = Lehman Brothers 2008
I hope you guys sold your real estate and moved your funds from FIAT to BTC, unironically it could appear like a crazy move but it's the safest move to do atm.
If you have free electricity you can get 20 usd a day with a 3000 usd miner.
That miner won't be updated for a long time due to semiconductors being as small as phyisical possible.
So that asic will last you a few years but it's not a good investment to be honest , better to just waste the 3000 buying the btc and less risky.
>Debt is too big to be paid.
Specially with boomers retiring
>unironically it could appear like a crazy move but it's the safest move to do atm.
It's not a crazy move at all , the housing bubble is insane , and the low interest rates for so long have created ton of zombie companies.
We are in for a shitstorm.
Hi Frenchbro
Did u like Kiev?
Very interesting if true.
From what I hear Miners are hoarding
>France is the capital of world intelligence.
Funny way of spelling hopeless mongrelized shithole.
corrupted shitholes but women are nice and beautiful (goldiggers too)
Yes I hate shitskins too and? Soon they will be replaced by robots
It'll be a shitstorm to be sure. The question is, when's it actually going to hit the fan? It's starting to feel pretty close but these things can drag out a while before it happens.
someone has to
>Soon they will be replaced by robots
I don't think a certain tribe entertains that idea judging by the way things are going.
few months after Trump will be elected for the second time.
>using niggermex at all
you know such a thing as a 1x short exists, we call it selling
Wow 200 niggers entered a free museum lead by their jewish che guevara, we surrender!
French countryside is not Paris, no one cares if Paris inhabitants are slaughtered they voted at a 95% rate for Macron
You guys forgot that Spain was under muslim occupation for 700 years and then the Spaniards and French kings managed to slaughter them all.
USA being 56% shitskin today does not mean it will be 70% in 2083
back then people had cojones
frenchbro is a former sergeant infantry
there is no match if a civil war start tomorrow
been waiting for years bro, losing all hope..
Anyway guys, buy Bitcoin but don't go all in right now I think it's too early.
Do you have white kids?
Do you own weapons?
Did you store as much food, water and money as you should have?
Imagine thinking shitskins can win a war against the best warriors of this entire galaxy
BTC will boom once trump is out of office. Trump has been trying to make the dollar stronger (tried backing the dollar by gold again, "the gold standard") but the dollar isn't getting any stronger.
im working on it, this fucking pump is pricing me out of crypto and im not fucking done accumulating yet
t. high iq brother
keep calm bro and use NVT
never failed me