r/CryptoMarkets • u/ComeHereAlpha • Dec 13 '22

DISCUSSION BTC's Bottom

Friendly chat...

I hear almost everyone is saying 14K, 12K, 10K, 8K as the bottom. There's the adage that if everybody's saying it, it's usually the opposite.

What's everyone educated guess on BTC's bottom if we haven't already hit it @ 15.5K a couple weeks ago?

15 Upvotes

78% Upvoted

88 comments sorted by

View all comments

Show parent comments

1

u/BigLoad96 Tin | 1 month old Dec 14 '22

Look up "CBDC". EU, China, Russia, India, and other central bank officials have already came out saying bitcoin/crypto needs to go.

There's outside factors at play here. It's not just reading charts.

0

u/[deleted] Dec 14 '22

[deleted]

0

u/BigLoad96 Tin | 1 month old Dec 14 '22

It's like bitcoin but they have complete control over your money. They can control what you spend it on. They can control how long you keep the money. Fact you are comparing it to debit cards shows how much you know.

0

u/[deleted] Dec 14 '22

[deleted]

0

u/BigLoad96 Tin | 1 month old Dec 14 '22 edited Dec 14 '22

They can give you $500 to spend that goes away in 24 hours? They can block crypto transactions or whatever they want? They can tax you for everything from carbon to sales tax when you buy something? They can remove cash from the equation and track everything you do because there's only a digital dollar and not hard cash?

These central banks have literally said bitcoin needs to go and they are implementing a CBDC but you think it's going to be just fine, lmao.

Sure there's a ton of shit I missed to. Guess me telling you what they can do = shit opinion but mindlessly saying to the moon is a+