Post
Topic
Board Speculation
Re: Are people buying BTC @ $27000+ idiots?
by
South Park
on 10/03/2021, 06:54:07 UTC
If we are idiot buying at 27k then what can you call those who bought in 50k?
Just ignore him, bro. He didn't understand how the crypto market works.  Cheesy
Bitcoin prices always increased from the first halving to the current halving, so why we are worried to buy at $27,000. Look at the current Bitcoin price, it is already around $50,000 - $55,000. Just imagine how big the Bitcoin price at the next halving?
By the way, people who bought the Bitcoin at $27,000, already got big profits now. And I am not sure with @Battle1doom, his last active January 01, 2021. I suspect he regretted not buying at that time and quit already.

Yes and yet he was bold enough to call out people buying bitcoin for such price, despite its volatility the price of bitcoin is not completely random, the halving is as good of a signal for a increase in the price that you will get in any other asset, then when we add the pandemic, the increase in the rate at which countries were creating money and the increase in their debts it was a given the price will keep increasing and yet for some reason the OP thought 27k was the limit.