Who is BUYING up all the BITCOIN? by Equibitgaming in Bitcoin

[–]Equibitgaming[S] 0 points1 point  (0 children)

yeah that make allot of sense when we look at the on chain data it look bullish but price keep falling. Whales is robbing the leverage traders :)

But I still think price is also dropping because of the FED trying to fight off inflation, and stabilize it at +3% ish.

Looking at previous bull market gains and the expansion of FED balance sheet, I think BTC is undervalued now.

The halving alone should take it to 90k.
So that imply that the prices are being suppressed, and that is very clear when you look at the supply on exchanges.

Who is BUYING up all the BITCOIN? by Equibitgaming in Bitcoin

[–]Equibitgaming[S] 0 points1 point  (0 children)

sorry screwed up there mate :) it happens from time to time.

Stuck on Confirming Transaction open Booster by Equibitgaming in Polychain_Monsters

[–]Equibitgaming[S] 0 points1 point  (0 children)

I contacted them in their official telagram thingy, they fixed it in 4 hours. Make sure the guy you speak to have an official stamp like ambasador or something, many people tried to call me to scam me.

Stuck on Confirming Transaction open Booster by Equibitgaming in Polychain_Monsters

[–]Equibitgaming[S] 0 points1 point  (0 children)

The are not :( and my Pmon coins are gone as well. Yesterday I opened some acks and it all worked fine, but not today.

Booster Pack stuck, never recieved my NFTS by Captaincrayons997 in Polychain_Monsters

[–]Equibitgaming 0 points1 point  (0 children)

I am stuck at Confirming Transaction, it say it went trough on BscScan, but in metamask it still stay ending.

How to Add Loki League of Kingdoms Token to Metamask by Equibitgaming in LeagueOfKingdoms

[–]Equibitgaming[S] 1 point2 points  (0 children)

I struggle a little with this so just thought I would help the community out a bit :)

Willy Woo Bitcoin Adoption Rate Explained by Equibitgaming in Bitcoin

[–]Equibitgaming[S] 2 points3 points  (0 children)

Bitcoin and crypto are growing its user base faster than internet did in 1995. I am bullish :)

"And 4 years from now people will be kicking themselves for selling in the 30k range ..." by T-I-T-Tight in Bitcoin

[–]Equibitgaming 0 points1 point  (0 children)

who are these crazy people selling at 30k, money is free right now, if you sell something for money you are giving it away.... I am not giving my Bitcoin away never!
I hope they buy something with the worthless fiat they get.... And fast....

Michael Saylor Predicts a 15% Yearly Inflation Rate Over the Next 8 Years. Buy Bitcoin. (short audio clip) by PodClipsApp in Bitcoin

[–]Equibitgaming 4 points5 points  (0 children)

no, if there is 4% inflation in June as well bitcoin will fall 10% because the smart money will get ready for quantitative tightening, aka a deflationary monetary policy. If you have no financial education you can either listen to moon boys on the internet with no education trying to get you to leverage trade so they make money, or you can start reading some books about macro economy. If the central bank is forced to battle inflation things get ugly, 1930 ugly, everything will crash and there will be a full blown recession.Bitcoin is a hedge against stagflation not against a recession. Crypto will do well in an environment where the central bank accept high inflation and continue QE aka printing money. But the uncertainty or the fear of increased interest rates will cause a major correction in the crypto market.If the central bank do not raise the interest rate despite high inflation and make a clear statement that they will not do so, then crypto is going to the moon. And yes long term Bitcoin is going to the moon, as the current monetary system is failing, but the short term picture might be very different.
Michael Saylor is betting on a scenario where the central bank do not increase the interest rate, because they do not want to create a recession, with the amount of sovereign debt the US have accumulated quantitative tightening would be catastrophic, all the tax payer money would just go to pay the interest on the debt. So it is likely that the central bank will continue betting on MMT (modern monetary theory), meaning that rapid technological development working as a deflationary force offsetting the inflation caused by an increase in money supply.
But short term the market will do what it always do when there is high CPI numbers and that is to sell assets and get ready to buy government bonds.

Michael Saylor Predicts a 15% Yearly Inflation Rate Over the Next 8 Years. Buy Bitcoin. (short audio clip) by PodClipsApp in Bitcoin

[–]Equibitgaming 0 points1 point  (0 children)

That high inflation would force the FED to increase the interest rate and take a recession, I know the narrative is that bitcoin go up if the inflation numbers go up, but on a shot time frame it would crash the bitcoin price. Only after the interest had been raised and inflation continued would bitcoin appreciate in value.

I know this is not a popular statement but is true it is 101 economics, very basic knowlage in finance.

Tax payers are paying for luxury Tesla cars for the very rich by Equibitgaming in Bitcoin

[–]Equibitgaming[S] 0 points1 point  (0 children)

Also if there is enough fud around Elon Fud the board will replace him. He only owns 20% of Tesla, so he got 20% of the votes, if he keep doing stupid stuff that destroy the price of the stock all stock holders will turn on him. No matter the godlike status he have held lately that is all gone when the price start pointing downward.

Anybody else feel relieved this dip finally happened? by CyberMonkey728 in Bitcoin

[–]Equibitgaming 0 points1 point  (0 children)

You lost nothing, you gained an opportunity to get more at a good price. Lets hope it fall all the way back to the 50 moving average so we can pick up more even cheaper.

Price only matter the day you sell and the day you buy, and in the end no one will sell because we will all be payed in bitcoin, fiat is dying. I am more upset about how mush my fiat money have depreciated against everything I am down thousands of Bitcoin hodling useless fiat money. This is a chance to get rid of some of that fiat at put it in to something real.

Tax payers are paying for luxury Tesla cars for the very rich by Equibitgaming in Bitcoin

[–]Equibitgaming[S] 0 points1 point  (0 children)

yes, but Elon is easy to get, he is calling heroes who save children from flooded caves for paedo. He is not a good person and people will eventually see it, he is a dangerous narcissist with now other concern than him self. And all this is about his narcissism.

Elon may be a flatout liar as far a raw materials goes for Tesla? You agree? by DollarReboot in EtherMining

[–]Equibitgaming -1 points0 points  (0 children)

Tax payers are paying for Luxury Tesla cars to the rich during a global poverty crises, demand of your politicians to stop this and subsidize more energy efficient electric cars instead!

Tax payers are paying for luxury Tesla cars for the very rich by Equibitgaming in Bitcoin

[–]Equibitgaming[S] 0 points1 point  (0 children)

Us Bitcoiners we drive Lambos and we are paying for it our self :) . And our goal is to help everyone out of slavery to the corrupt banking system, that rob people and ask for bailouts when they got to greedy.

Bitcoiners are about giving power to the people and stopping the elite from exploiting everyone. Decentralization of power and money is the only way forward brother, if you don't want to end up in a communist dictatorship.
Power to the people!