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Bitcoin Take? (https://chiefsplanet.com/BB/showthread.php?t=270065)

JPMorgan said bitcoin could rally as high as $146,000 in the long term as it competes with gold as an “alternative” currency.
Bitcoin’s volatility would need to drop substantially before it can match gold in terms of market value, the bank’s strategists said in a note Monday.
JPMorgan CEO Jamie Dimon once called bitcoin a “fraud” and said he is more interested in blockchain technology than crypto.

https://www.cnbc.com/2021/01/05/jpmo...with-gold.html

<blockquote class="twitter-tweet"><p lang="de" dir="ltr">Valuations<br><br>Bitcoin $520 billion<br>Visa $517 billion<br>JPMorgan $381 billion<br>MasterCard $346 billion<br>PayPal $271 billion<br>BofA $260 billion<br>Citi $127 billion<br>Wells Fargo $123 billion<br>Morgan Stan. $122 billion<br>Square $97 billion<br>AmEx $95 billion<br>Goldman $93 billion<br>Ethereum $83 billion</p>— Jon Erlichman (@JonErlichman) <a href="https://twitter.com/JonErlichman/status/1344302125254377474?ref_src=twsrc%5Etfw">December 30, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

Quote:

Originally Posted by eDave (Post 15445401)

JPMorgan said bitcoin could rally as high as $146,000 in the long term as it competes with gold as an “alternative” currency.
Bitcoin’s volatility would need to drop substantially before it can match gold in terms of market value, the bank’s strategists said in a note Monday.
JPMorgan CEO Jamie Dimon once called bitcoin a “fraud” and said he is more interested in blockchain technology than crypto.

Quote:

Originally Posted by BWillie (Post 15437411)

Worst decision I ever made was NOT putting everything I own in BTC when it was $600.

2nd worst decision I ever made was not selling one of my properties and putting it all on bitcoin when it dropped to 3.3k once I actually had knowledge about crypto.

Fomo

I think we all can say this now. I told my wife when I 1st got in at $2500 that I wanted to buy $50K worth. Instead I spread it out among other stuff...

oh well. At least I'm in the game.

Quote:

Originally Posted by MahiMike (Post 15445786)

I think we all can say this now. I told my wife when I 1st got in at $2500 that I wanted to buy $50K worth. Instead I spread it out among other stuff...

oh well. At least I'm in the game.

I’ve got you in the “I’m an idiot” contest. One of my biz partners asked if we could shift something in the 50k range when BC was in the 6-700 range. I told him “I’d rather wipe my ass and flush that money”. He enjoys sending random figures on where that’d be from time to time.

Meh. In 1997 I spent $4500 on Evel Knievel collectibles.

If I had spent that on Amazon stock instead (and held it) it would be worth something like 4 million today.

Quote:

Originally Posted by ChiefRocka (Post 15444609)

Big news folks

Today the OCC published Interpretive Letter 1174, which explains banks may use new technologies, including independent node verification networks (INVNs) and stablecoins, to perform bank-permissible functions, such as payment activities. Said simply, a bank may use stablecoins (cryptocurrencies designed to minimize the price volatility) to facilitate payment transactions for customers.

In doing so, a bank may issue stablecoins, exchange stablecoins for fiat currency, as well as validate, store, and record payments transactions by serving as a node on a blockchain (INVN).

How is that good for crypto? Wouldn't that be a direct competitor?

You hear that fellas? That's Technocratic Marxism coming down the pike fast. Buy bitcoin, buy guns, and buy gold (or just more bitcoin).

This pump we got tonight was courtesy of the American political clownshow, good luck all.

BTC is about to pass Alibaba on the market cap charts... all of crypto is about to pass $1T.

I'm glad I got in way back in the day. It's one time when being anti-government paid off big time.

ATH's on the daily for BTC

ETH gonna pump next methinks. So close to ATH

Quote:

Originally Posted by Ninerfan11 (Post 15447550)

ETH gonna pump next methinks. So close to ATH

I’ve been waiting like a snake in the grass for months for ETH to pump.

Sent from my iPhone using Tapatalk

37K, guard your wealth, guard your guns.

Should I hop on the ethereum train?

Bitcoin is going to crash soon, isn’t it?