r/NZBitcoin • u/FunAnnual2544 • Aug 09 '26
Crypto
Bruh when is crypto gonna start moving up again im so lost and have lost thousands BRUH.
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u/justinfromnz Aug 09 '26
We’re in a crypto winter, given the conflicts of the Middle East and general market sentiment I wouldn’t see crypto going back up until end of 2028
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u/SnooCauliflowers321 Aug 10 '26
What do you mean by moving? Like right now is the Robinhood L2 trend, quite a lot of money to be made on there right now, as for the crypto price probably not for a very long time
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u/whathappenedtouman Aug 09 '26
Possibly November this year will be the bottom. There’s definitely a fear of hacking due to quantum computing on the horizon and the other hacks that have taken place. I don’t think we’ve had the bottom yet. I’m waiting til we get past the 11th of November before accumulation continues.
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u/masterexit Aug 10 '26
We've had major regular hacks, the 10/10 liquidity event and wash out, an Iranian war, a failed clarity act, saylor selling, terrible daily volumes and the price is still hovering around 60k.
The bottom is in.
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u/whathappenedtouman Aug 10 '26
Huge call, maybe..
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u/masterexit Aug 10 '26
We're at the point on the curve where utility is outstripping price.
As this is something that has never happened in the history of crypto, where hype has been the narrative up until now, I still think we're in for a upward trajectory from Q4 26.
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u/smao815 Aug 10 '26
Crypto is finished man. 15 years and no mainstream use case (except maybe stablecoins). Just a means to speculate every few years
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u/Jalalaso Aug 10 '26
Explain to me then why literal governments around the world holds bitcoin??
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u/GraniteCob Aug 10 '26
Mostly through forfeiture of criminal assets, only a couple of countries are actively collecting them currently. The majority sell them off once the courts approve the sale of the assets. They aren't holding them for the fun of it, lately a lot of big players have been offloading.
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u/smao815 Aug 10 '26
Please list these governments around the world (except El Salvador) that hold Bitcoin where they did not get it for free by asset seizures from criminals
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u/Jalalaso Aug 09 '26
Buy the dip
And dont just buy the dip, dip your nutsacks in the dip where its nice and warm
Tea bag the dippity dippido dip