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CryptoCurrency Discuss all CryptoCurrencies / coins and their use for personal or business purposes. Bitcoin (BTC) is possibly the best known but there are numerous crypto currencies, this is the forum to discuss them all.

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  #309  
Old 01-22-2021
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Default Re: Crypto Blowing Up

Quote:
Originally Posted by JamesNorth101 View Post
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..

Last edited by quest; 01-22-2021 at 04:51 PM.
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  #310  
Old 01-22-2021
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Default Re: Crypto Blowing Up

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Originally Posted by quest View Post
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?
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  #311  
Old 01-22-2021
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Default 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
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  #312  
Old 01-22-2021
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Default Re: Crypto Blowing Up

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Originally Posted by slokor View Post
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..
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  #313  
Old 01-22-2021
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Default 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.
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  #314  
Old 01-22-2021
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Default Re: Crypto Blowing Up

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Originally Posted by quest View Post
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
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  #315  
Old 01-23-2021
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Default Re: Crypto Blowing Up

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Originally Posted by JamesNorth101 View Post
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
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  #316  
Old 01-23-2021
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Default Re: Crypto Blowing Up

Quote:
Originally Posted by slokor View Post
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
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  #317  
Old 01-23-2021
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Default Re: Crypto Blowing Up

Quote:
Originally Posted by JamesNorth101 View Post
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
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  #318  
Old 02-05-2021
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Default 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.
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  #319  
Old 02-05-2021
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Default Re: Crypto Blowing Up

nate - What is your target sale price?
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  #320  
Old 02-07-2021
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Default Re: Crypto Blowing Up

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Originally Posted by slokor View Post
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
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  #321  
Old 02-07-2021
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Default Re: Crypto Blowing Up

Quote:
Originally Posted by nate View Post
(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
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  #322  
Old 02-07-2021
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Default Re: Crypto Blowing Up

Quote:
Originally Posted by nate View Post
(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.
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  #323  
Old 02-08-2021
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Default Re: Crypto Blowing Up

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Originally Posted by nate View Post
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
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  #324  
Old 02-08-2021
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Default Re: Crypto Blowing Up

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Originally Posted by SaiJin View Post
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.
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  #325  
Old 02-08-2021
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Default 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.
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  #326  
Old 02-08-2021
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Default Re: Crypto Blowing Up

Imagine buying 1.5B worth of BTC @ 40K~ per coin

This run just getting started
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  #327  
Old 02-08-2021
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Default Re: Crypto Blowing Up

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Originally Posted by slokor View Post
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
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  #328  
Old 02-08-2021
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Default 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.
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  #329  
Old 02-09-2021
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Default Re: Crypto Blowing Up

Quote:
Originally Posted by nate View Post
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
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  #330  
Old 02-09-2021
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Default Re: Crypto Blowing Up

Quote:
Originally Posted by slokor View Post
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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