Quote from: JayJuanGee on Today at 06:58:20 AM

If you look at the BTC price charts as well from that week or two, there ended up being a pretty significant bounce off of $3,850 that brought Bitcoin prices into the $5ks for a day or two, and then when the BTC price dropped back below $4,500-ish many of us were urging mindrust to buy back some if NOT all of his coins, but he said that he was considerably convinced that the BTC price would be going much lower - including that he was giving quite a bit of credit to Masterluc at the time which Masterluc was calling for BTC to go in to the mid to lower $2ks, if not even sub $2k - even though mindrust was likely NOT going to buy any BTC before we get to some of those lower BTC price levels.. so he was quite disinclined to recoupe any of his losses in the lower $4ks or even mid $4ks that BTC reached on that second time, even though I believe about a week or two later he did end up buying back one bitcoin for perhaps around $6k or maybe slightly lower than that... which he deemed to be a sufficient BTC stash in terms of his being protected in regards to either BTC price direction (UPpity or DOWNity) - yet we know what happened and surely did not seem to be enough protection for UPpity from the perspective of a vast many of us.

That wasn’t the worst of it.

Quote from: mindrust on March 27, 2020, 06:51:58 PM

Quote from: Msigwaeliza on March 26, 2020, 12:56:23 PM

What does you guys thinking about the bitcoin fall because of the CORONA Viruses catastrophe? Will bitcoin fall to $3000 in this year of 2020? And what's about the halving?.

It is possible. I believe the worse is yet to come.

If the cure gets delayed for a while longer, it will be devastating. Not only to bitcoin but to everything else. Including your daily life. In a situation like I described you can't really make an educated guess about bitcoin. It very well may go to zero.

If an effective cure makes appearance soon though, it will only save bitcoin from going to zero. A new ATH may still happen but it might take longer than we originally hoped for.

The damage is already very big. There will be lots of pain and this pain can't be cured by printing more money.

I recall much more mindrusted talk of that nature. That is what I found on a 5-second search.

Of course, Bitcoin could go to zero. If the Internet disappears. As long as the Internet exists, Bitcoin will exist with some positive value; Satoshi designed it that way, and cypherpunks will assure that the design is used to best advantage. And if the Internet disappears, it probably means that modern industrial supply chains have collapsed globally. In that case, you will have difficulty surviving food scarcity, random violence, and the utter unpreparedness of soft, squishy modern man for the hiemal kiss of deadly seasons. Can you even survive without modern heat? (Oh, modern man, could you even survive without functional indoor plumbing?)

Quote from: Cryptotourist on March 25, 2020, 04:58:14 PM

Quote from: mindrust on March 25, 2020, 04:48:09 PM

You did say you would ride it to zero, so fucking ride it to zero.

How can you keep on doing it wrong man?

Bitcoin, ~~go to~~ come hither to nullius!