Bitcoin Price Hits All-Time High of $19,786, Topping 2017 Record

Re:Bitcoin Price Hits All-Time High of $19,786, Topping 2017... by globular-toast on Monday November 30, 2020 @12:20PM (#25256214)

Looks like it won't break the $20k threshold again. Back down it goes... I knew this was about to happen again when, just like last time, I heard regular "non-techy" people talk about it at work.

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Re:Bitcoin Price Hits All-Time High of $19,786, Topping 2017... by redisman on Monday November 30, 2020 @12:33PM (#25256386)

I love the crypto oracles who can sense what direction various coins are "supposed" to head to next.

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Re:Bitcoin Price Hits All-Time High of $19,786, Topping 2017... by my_usernam3 on Monday November 30, 2020 @12:52PM (#25256639)

Oh me too, thats been my favorite part. Everyone has their own theory about the future of bitcoin, but those that are certain of said future always give me a good chuckle.

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Re:Bitcoin Price Hits All-Time High of $19,786, Topping 2017... by domatic1 on Monday November 30, 2020 @12:27PM (#25256302)

You can short it and still make money. Go ahead.

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Re:Bitcoin Price Hits All-Time High of $19,786, Topping 2017... by demadog on Monday November 30, 2020 @12:55PM (#25256677)

That is one thing I love about the finance industry vs other industries.

Someone who thinks they can predict the future or at least have a strong opinion can go ahead and put their money on the line rather than just comment on a thread! It’s actually beautiful.

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Re:Bitcoin Price Hits All-Time High of $19,786, Topping 2017... by globular-toast on Monday November 30, 2020 @03:25PM (#25258512)

Not necessarily. That person might have no liquid assets at the time, or might not have the means to short a stock, for example. Pretty weird to assume that everyone has funds to move around at a moment's notice.

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Re:Bitcoin Price Hits All-Time High of $19,786, Topping 2017... by shelune on Monday November 30, 2020 @12:26PM (#25256291)

I know it's gonna hit 20k at some point since I haven't seen media talking about it yet. Not enough FOMO

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Re:Bitcoin Price Hits All-Time High of $19,786, Topping 2017... by kainaloo on Monday November 30, 2020 @01:33PM (#25257187)

This is probabyl not going to age well. It's very likely that BTC will break 30k in Q1 2021.

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Re:Bitcoin Price Hits All-Time High of $19,786, Topping 2017... by AnimalMuppet on Monday November 30, 2020 @03:47PM (#25258767)

"Very likely" because of what? What is your reasoning?

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