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-   -   Crypto Blowing Up (https://www.aspkin.com/forums/cryptocurrency/126169-crypto-blowing-up.html)

quest 01-22-2021 04:35 PM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by JamesNorth101 (Post 1137876)
If it were to continue on the trajectory that it’s had over the last couple of months it would quite easily hit that amount however that just historically isn’t the way bitcoin tends to work that’s not to say it won’t eventually hit that number, but I expect it will go through two or three more cycles of up and down before it does

it was supposed to hit 100k on 2017 hype, but failed.. :)

slokor 01-22-2021 04:48 PM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by quest (Post 1137888)
it was supposed to hit 100k on 2017 hype, but failed.. :)

Realy? it was 'supposed' to do that?
Strange. I guess I didn't get the memo.
I don't understand what people are not getting here. Before 2017 when it just hit $20k people were predicting its collapse to sub $1k levels which never happened.
Now that it hit $42k those same people are predicting sub $20k - making it sound like THAT is a terrible place for it to be.
Guess in the next round when it doubles yet again and then corrects they'll say that sub $40k is the end of Bitcoin...
I said it for years now. If youre playing the long game these fluctuations are almost meaningless. I got most of my BTC holdings back in 2015 and have had no reason to regret the decision to hold onto it. Ill hold to it till it hits 6 figures and I don't see how anyone can have any doubts that eventually that level will be met as well - sooner or later. Be it 1 year from now or 5 years from now - that level IS going to be met. Does anyone here even doubt that at this point?

quest 01-22-2021 04:51 PM

Re: Crypto Blowing Up
 
so far I see most BTC "investors" expect to see increase in value, sell it at 100K and buy lambo.. and maybe just a small fraction believe it could become "real money".

If ~95% are going to sell it at 100k, and maybe 5% hold it, who is going to buy it for 100K..? :D we need new investos with expectations about 500k.. :D

quest 01-22-2021 04:58 PM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by slokor (Post 1137889)
Realy? it was 'supposed' to do that?
Strange. I guess I didn't get the memo.
I don't understand what people are not getting here. Before 2017 when it just hit $20k people were predicting its collapse to sub $1k levels which never happened.
Now that it hit $42k those same people are predicting sub $20k - making it sound like THAT is a terrible place for it to be.
Guess in the next round when it doubles yet again and then corrects they'll say that sub $40k is the end of Bitcoin...
I said it for years now. If youre playing the long game these fluctuations are almost meaningless. I got most of my BTC holdings back in 2015 and have had no reason to regret the decision to hold onto it. Ill hold to it till it hits 6 figures and I don't see how anyone can have any doubts that eventually that level will be met as well - sooner or later. Be it 1 year from now or 5 years from now - that level IS going to be met. Does anyone here even doubt that at this point?

I think it do not colapse due to new long term holders like you.. :)

slokor 01-22-2021 05:11 PM

Re: Crypto Blowing Up
 
Whatever you say friend.
You might want to do some further research before uttering more nonsense and making a complete fool of yourself.

JamesNorth101 01-22-2021 05:21 PM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by quest (Post 1137888)
it was supposed to hit 100k on 2017 hype, but failed.. :)

That doesnt mean it wont the next time though... that is the point. It works in a cycle. Buy when its low and sell when its high, then buy again when its low etc. Its a long term game but there is without doubt money to be made

rsot 01-23-2021 06:32 AM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by JamesNorth101 (Post 1137896)
That doesnt mean it wont the next time though... that is the point. It works in a cycle. Buy when its low and sell when its high, then buy again when its low etc. Its a long term game but there is without doubt money to be made

Long term game indeed - and diversification of portfolio

SaiJin 01-23-2021 11:33 PM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by slokor (Post 1137889)
Realy? it was 'supposed' to do that?
Strange. I guess I didn't get the memo.
I don't understand what people are not getting here. Before 2017 when it just hit $20k people were predicting its collapse to sub $1k levels which never happened.
Now that it hit $42k those same people are predicting sub $20k - making it sound like THAT is a terrible place for it to be.
Guess in the next round when it doubles yet again and then corrects they'll say that sub $40k is the end of Bitcoin...
I said it for years now. If youre playing the long game these fluctuations are almost meaningless. I got most of my BTC holdings back in 2015 and have had no reason to regret the decision to hold onto it. Ill hold to it till it hits 6 figures and I don't see how anyone can have any doubts that eventually that level will be met as well - sooner or later. Be it 1 year from now or 5 years from now - that level IS going to be met. Does anyone here even doubt that at this point?

I have 0 doubt it'll hit 6 figures.... I wouldn't be surprised if it hit that end of 2021.

There's this guy I forgot his name, he predicted the value end of 2020 and he was spot on. Then he said end of 2021 could be about 220K

SaiJin 01-23-2021 11:36 PM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by JamesNorth101 (Post 1137896)
That doesnt mean it wont the next time though... that is the point. It works in a cycle. Buy when its low and sell when its high, then buy again when its low etc. Its a long term game but there is without doubt money to be made

I'm no day trader so I'm just gonna sell when it hits 200K

nate 02-05-2021 01:33 PM

Re: Crypto Blowing Up
 
Lmfao... We are so fkn early... I will be millionaire by the end of this cycle... I will use this forum as my sell indicator.

slokor 02-05-2021 04:28 PM

Re: Crypto Blowing Up
 
nate - What is your target sale price?

nate 02-07-2021 09:43 AM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by slokor (Post 1140377)
nate - What is your target sale price?

(anything could change my thinking), Not selling $BTC this cycle unless 160-180k. $ETH I will trade for $BTC if its gets anywhere close to ETH/BTC ATH. Selling $ETH for USD depends on how high it gets. Not going to start worrying about cycle ending until the end of year. $AAVE & $UNI will be fun to play with in meantime. BTC>ETH>DeFi Repeat BTC>ETH>DeFi

Beautiful 02-07-2021 04:11 PM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by nate (Post 1140690)
(anything could change my thinking), Not selling $BTC this cycle unless 160-180k. $ETH I will trade for $BTC if its gets anywhere close to ETH/BTC ATH. Selling $ETH for USD depends on how high it gets. Not going to start worrying about cycle ending until the end of year. $AAVE & $UNI will be fun to play with in meantime. BTC>ETH>DeFi Repeat BTC>ETH>DeFi

This guy hodls

slokor 02-07-2021 04:27 PM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by nate (Post 1140690)
(anything could change my thinking), Not selling $BTC this cycle unless 160-180k. $ETH I will trade for $BTC if its gets anywhere close to ETH/BTC ATH. Selling $ETH for USD depends on how high it gets. Not going to start worrying about cycle ending until the end of year. $AAVE & $UNI will be fun to play with in meantime. BTC>ETH>DeFi Repeat BTC>ETH>DeFi

What is the ETH/BTC ATH? was wondering about that
So Glad I got rid of Bitcoin cash the moment it came out. I got it dropped into my acct when the split occurred and sold it immediately for more Bitcoin.

SaiJin 02-08-2021 03:51 PM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by nate (Post 1140356)
Lmfao... We are so fkn early... I will be millionaire by the end of this cycle... I will use this forum as my sell indicator.

I saw a guy names Max Keiser predicting BTC will be about 220K end of 2021

slokor 02-08-2021 04:07 PM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by SaiJin (Post 1140954)
I saw a guy names Max Keiser predicting BTC will be about 220K end of 2021

Now wouldn't THAT be nice...
heard a lot of predictions though over the last few years.
Only time will tell.
One thing Im fully convinced of though - the only way is up.

nate 02-08-2021 06:02 PM

Re: Crypto Blowing Up
 
after elon converted 1.5 billion dollars of tesla's balance sheet to bitcoin today i am now uping my bitcoin price target to $118.58m...
I arrived at this price target by googleing the distance between the earth and mars and converted it from miles to dollars.

Beautiful 02-08-2021 07:00 PM

Re: Crypto Blowing Up
 
Imagine buying 1.5B worth of BTC @ 40K~ per coin :lol:

This run just getting started

SaiJin 02-08-2021 08:18 PM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by slokor (Post 1140959)
Now wouldn't THAT be nice...
heard a lot of predictions though over the last few years.
Only time will tell.
One thing Im fully convinced of though - the only way is up.

Yea, he apparently predicted 2020 value accurately and he's on a few podcast / talk shows about it and that's when I saw he said $221k by end of 2021.

This was 2 weeks ago before Elon bought 1.5B worth lol

slokor 02-08-2021 10:32 PM

Re: Crypto Blowing Up
 
If Apple picks up the glove now and adopts Bitcoin as well... Now THAT would be adoption. Hundreds of millions of people being able to charge their apple accts with Bitcoin to buy apps and products. They stand to make a LOT of money if they get into it as well.

rsot 02-09-2021 05:09 AM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by nate (Post 1140971)
after elon converted 1.5 billion dollars of tesla's balance sheet to bitcoin today i am now uping my bitcoin price target to $118.58m...
I arrived at this price target by googleing the distance between the earth and mars and converted it from miles to dollars.

Awesome analogy :)

Good old Elon stepping in to boost

nate 02-09-2021 06:38 AM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by slokor (Post 1140996)
If Apple picks up the glove now and adopts Bitcoin as well... Now THAT would be adoption. Hundreds of millions of people being able to charge their apple accts with Bitcoin to buy apps and products. They stand to make a LOT of money if they get into it as well.

WUT? sell BTC for apps and products? someone would have to be mad crazy to sell BTC. i cant picture a use case for BTC spending it. if the future you could live off BTC interest alone. I think this is going to be a super cycle and 200k might not sound all that crazy after all


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