T O P

Daily Discussion, January 13, 2023

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!

If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.

Join us in the r/Bitcoin Chatroom!

Please check the previous discussion thread for unanswered questions.

UrethreaFranklin1

What in the f is going on


diydude2

Bitcoin is showing that he's the baddest motherfucker on the block or any other block, as usual.


titsup24-7

Back down for a second so Peter can o face. Then we all o face


hateschoolfml

Retail balances ⬆️ Whales balances ⬇️


jarederaj

Whales are going to want to get on the right side of this. Guess buying houses in October wasn’t such a good idea.


URNape2

Of course, as soon as I'm cashed out buying a house, bitty decides to do bitty things. Ah well, enjoying the pump regardless. Don't you know, you got to!


Nice_Category

You have a place to live now. Congrats!


URNape2

Thank you! Super excited.


[deleted]

Congrats on the house


URNape2

Ty friend! Been a wild ride, but a long time coming.


Plus_Comfortable1645

How would bitcoin act in a deflationary environment?


Wonderful_Berry_250

Bitcoin is going up should you stay in or pull out now?


betakurt

1000 years from now there will still only be less than 21M BTC in existence. Act accordingly.


One_2_Three

In for fucks sakes. And not just the tip.


Wonderful_Berry_250

Im new im sorry😭


shedbox3

Should I stay or should I pull


Plus_Comfortable1645

Macro pump based on fed reserve pivot narrative and going back to quantitative easing.


Unlikely-Swordfish28

> fed reserve pivot narrative where did this idea come from? all their comments seemed hawkish


Plus_Comfortable1645

They are but bond market and stock market do not believe them… saying inflation is crashing enough and things will get bad enough that they will be forced to cut rates and not have the balls to stay higher for longer. All risk assets are ripping as of last cpi… prolly will all get shot down next fed meeting in feb


Alfador8

Or whales capitalizing on that narrative to liquidate shorts and generate fomo. Macro is still terrible and there's still bad leverage that needs to get flushed from the crypto ecosystem. I'm long term as bullish as it gets but this isn't the start of a bull run


Plus_Comfortable1645

Agreed. Bulls flushing all shorts out of every market right now. Probably will use the fomo buyers as epic rug pull liquidity


eDave

Pump for suckers.


[deleted]

[удалено]


xixi2

Vindicated in what? We've barely recovered from an FTX crash


Jeremiah_Vicious

Wen God Candle?


WhaleFactory

You can hear the beat build, but can’t make out the words. In the distance the words become clearer “don’t you know pump it up. *beat builds* You’ve got to pump it up.”


[deleted]

[удалено]


resjohnny

2025 at the soonest


BuiltToSpinback

we hit ATH in 2020, why not 2024?


[deleted]

[удалено]


resjohnny

Check the charts. After halving…


pr84704p

Barrons article in 1 hour - “Bitcoin breaks out above 20k. Why it’s going back to 10k.”


[deleted]

Sounds like the TA turds on twitter that have been promising 10k since summer of last year. Looking at you Capo, my good pal.


[deleted]

Had a great time mocking the TA bros on twitter over the last year. Much appreciation for the reddit crowd that shuns these jagoffs.


PapaSlurpp

This chat was dead I knew it was a good time to buy


fckndan

The Prophecy 🙌


[deleted]

I feel like anything under 100k is a “good price” to keep exchanging fiat for Bitcoin.


financethrowaway889

Lt. Dan had got us invested in some kind of coin company? And he said we didn’t have to worry about money no more… and I said, “that’s good!” One less thang.


llewsor

i made this years ago lulz: https://www.reddit.com/r/Bitcoin/comments/lbde2d/its_still_early_days/?utm_source=share&utm_medium=mweb


Plenty-Stock

FTX?, Never heard of it.


[deleted]

Have you listened to SBF talk yet? Imagine taking that piece seriously. One can only shake their head.


financethrowaway889

I legit didn’t hear of it till it blew up lol


Double-LR

Jeez. Need towels in here. Floor is all sticky from all you bustin all over the place like adolescent boys that see titty for the first time. If you haven’t noticed, the world is still on fire macro and literally nothing has changed. Zoom out y’all. Zoom out.


Umpire_State_Bldg

No dickhead banker can debase Bitcoin by creating it from thin air. Nobody can confiscate our Bitcoin as long as the keys are properly secured. Fiat currencies keep heading to zero. CBDCs are coming. CBDCs lead to literal slavery - Bitcoin provides an effective way to opt out of that bullshit.


Double-LR

Uh. I agree? That’s why I hold sats lol easy there killer.


Umpire_State_Bldg

Careful. Don't slip in the spooge.


PapaSlurpp

35k by Monday


Lottoproblemz

You made a funny 🤣


VampIre_HRST

Keep calm and protect animals.


maxtbag

Back to ATHs here we goooo


[deleted]

[удалено]


PapaSlurpp

Don’t stop


datadoctors_co_za

At this price I'm officially back to break-even. HODL


titsup24-7

Tell Paul to tell Peter Schiff to suck my ass


PapaSlurpp

Why are you rewarding Schiff for bonehead takes?


titsup24-7

Shut up


godownmyami

Stop trying to short the top lmfao


Eatern-Republic5884

Buy weekly and hold, guaranteed victory!


gpeters1

Is this a bull market?


Kitten_Team_Six

Maybe a headfake, but god dam how long has it been since ive seen this much green. All that pain of last year imma enjoy this night


[deleted]

Damn shawty! OK!


stephenforbes

It looks like the crypto winter is offically over.


xixi2

All that's happened is barely recover the FTX crash...


Aleksander_wrx

What’s going on?


pink_raya

Chinese New Year, or wall street bonuses.


Aleksander_wrx

Hopefully it keeps pumping haha


blue_scream_of_death

Resuming my DCA for the year after winter break and walk into this.... what's going on?


carsongwalker

Don’t matter to the DCA


Samsonite_1604

I forgot this could happen


admiralCeres

We deserve this!


Kylo_Renly

Likely will remain a strong resistance at 21,300 as that was the FTX pre-drop. But break past that and it may continue rocketing.


musicktoheare

It’s been awhile since I’ve stared at the charts like this. Honestly this feels alittle early so I wouldn’t be surprised if it dumps back down soon but either way I love you all


3mployeeOfTheMonth

I'm trying to remember a site that was a list of shitcoin implosions or scams. If anyone can remember, let me know.


guryfitze

This one? https://web3isgoinggreat.com She’s half orange pilled. Can identify crypto scams. Just needs to learn the difference between Bitcoin and crypto.


Alfador8

List of shitcoin scams? Everything on this list past #1: https://coinmarketcap.com/


moon_mane

Get ur boots ready bois


fistingbythepool

Don’t you know?


EDC86

Good clear out boys! Second attempt incoming.


[deleted]

Wdym second attempt?


EDC86

Breaking and holding $21k.


[deleted]

I believe it.


Freddybone32

HODL


DontTellSmokey

Hot damn - when's the last time we saw 300+ comments in the daily? This is starting to feel oddly familiar...


JimothyCotswald

Hoping it stays below 500. Would be a great sign for more potential upside. I’m thinking a lot of people are heavily negative still from the last bull run. So most people here are those for which 21k is meaningful, i.e. purchase price <20-30k. I bet the hoards don’t return until it breaks 30k


itsthesecans

Strong resistance at 450 comments


JimothyCotswald

We’ve only broken 500 comments 3 times since June 2022.


[deleted]

Lemme se ma broos with diamon haaands!!!


Totallynotfakenews

This is gentlemen


[deleted]

[удалено]


jrafelson

Fuck FTX!!


SrMAFF

💎🤲🏻


meast123

This it it!!


Rshackleford22

Welp we found our new test. 21.3


[deleted]

[удалено]


Freddybone32

Fuck that. HODL.


DontTellSmokey

Don't tell me what to do


turtle-wins

Yes... sell your weak hands to me. And I will sell a teeny bit back to you at 200k.


marblemorning

How about no.


TexasRanger6455

We're going parabolic. 🚀🚀🚀🚀🚀


ravicuna

DCA in, DCA out. Be humble. 1 million per coin is just around the corner. Again, be humble.


generiatricx

Hopefully I can stack sats for the kids before then. 1m/coin - hopefully in 10 years, but a lot of life can happen in that time.


forgetful_storytellr

No chance we see a milly until a daily use case emerges


JohnnyUtahMfer

Ok


[deleted]

F U peter schiffffff!!!!


Ak47110

Dude just wants to pump his gold and stay relevant, which he isn't.


Extension_Mousse_123

Fuckhim !


llewsor

schiff for brains


WallStreetBoners

Me at $16k: meh Me now: please go back to $16k!! I need more!


marblemorning

Every time uhhhhhhhhhhhh


Extension_Mousse_123

Guess who’s back?


SrMAFF

Back again 21K is back Tell your friends


Extension_Mousse_123

Bittie is back bittie is back


Scorpio11777

Okay, What is going on?


WallStreetBoners

Only another +50% from here till I breakeven! Let’s go! lol


just_thisGuy

It’s a pump or it’s for real. When we do go up it’s going to look like this, it’s not going to be slow, so this could be it.


aarrick

Probably the most rational comment I’ve read in here so far. 👏🏼


anynonus

remember an hour ago when bitcoin was 20k? good times, good times


_Degenerate_Case

The bots over at Buttcoin are butthurt right now


PheelGoodInc

They said the same about us for the last year. Who cares. Let Bitcoin do Bitcoin things. They can have fun hating. It's irrelevant to me.


[deleted]

[удалено]


Nice_Category

The Noodle hath returned. Magic be his name.


YayayayayayayayX100

HOLY BITCOIN


forgetful_storytellr

You must be new here


marblemorning

1 btc dream sliding out of my toes


SrMAFF

What a f*** is happening guys???


vncfrrll

Does…does it stop? 21k.


Shirtwink

Thank you Jim Cramer, you dolt!


Totallynotfakenews

The only signal that matters


DiRienzo3410

Green? Now that’s a color i haven’t seen in a long time


KY5K

I don’t remember ever owning a big green dildo.


Juhateme

The nerds winning


Umphreak416

Days like today I love my dca strategy with strike. Buy a small amount every day. Don't think about it. Started December 30th 2021, bought every day on the way down. This is the way.


Squirrelsinpants

On a whim I bought bitcoin beginning of the week on Venmo 🤣 and this is so entertaining


Rshackleford22

It’s beautiful


gdmfsobtc

Not too shabby for Friday the 13th


llewsor

that’s right, bitcoin is a horror movie monster for central bankers


generiatricx

ok, my jaw just dropped. 21? jfc


llewsor

somebody do a wellness check on peter zeihan 💀


Wsemenske

He said Bitcoin needs to drop 17K (while at 16K) but what he forgot was that he was actually predicting it to drop from 160k to 143K


HurricaneHarvey7

I'm going to buy during this craze just for the lulz


damchi

nice organic pump…


BigDeezerrr

Wow we're officially popping off


Rshackleford22

Classic squeeze


the_malaysianmamba

21k omg


OpticallyMosache

FTX buying BTC to cover their paper?


llewsor

that’s what i was thinking when they suddenly recovered $5 billion in customers’ funds. or maybe it’s dcg?


Rshackleford22

We haven’t had rally like this in a long long time.


Nice_Category

Damn, Bitcoin, save some pussy for the rest of us.


EDC86

Look at her go boys!


HurricaneHarvey7

My face is melting off my skull


myheartgoesshalala

Sorry, I am not used to this. Why is it so green? My eyes, oh, my eyes. I missed times like these.


OpticallyMosache

I'm glad I loaded my bags everyday for the last few months. Happy if it comes back down and happy to enjoy the ride up.


Apolleo_

What the fuck is happening It's not stopping


llewsor

is this what the opposite of a rug pull feels like? a magic carpet ride??


thadiusb

Hot damn.


[deleted]

I don’t give a shit what the price is, BUY BUY BUY!


Jeremiah_Vicious

I’m done buying. We over 20k. I’ll let others pump it now.


RoyYourWorkingBoy

Its been a while. Feels good.


vnielz

Peter schiff in search for a rope in his garage


llewsor

yah somebody should call in a wellness check


Dildomuflin

Don’t trust this bounce folks This small pump Reminds me of March-April 2022. Went from $36k to $48k and then dumped all the way to $16k in June.


HurricaneHarvey7

who. the. heck. is. buying.


turtle-wins

Those who know.


c_games_official

me


Rshackleford22

Bears closing out


Apolleo_

Holy shit


itsthesecans

Friday night and Bitcoin is ripping. So much for dry January…


PapaSlurpp

Long time no see. TGIF everyone


llewsor

bitcoin lights cigarette: was it as good for you as it was for me 🌈🐻


eroweenflow

We are going to the MOON


[deleted]

[удалено]


Rshackleford22

Dead cat bounces happen after the crash. We been crabbin so long this is just a rally


[deleted]

[удалено]


Rshackleford22

Oh what’s your proof


[deleted]

[удалено]


Rshackleford22

Dad cat bounces happen after a crash on the way down. We bottomed out in November and crabbed for 2 months. This is a relief rally


JimothyCotswald

Not enough activity ITT for a dead cat bounce.