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

ebaywanton 01-13-2021 06:00 AM

Re: Crypto Blowing Up
 
Me! I copy and paste my BTC on microsoft word. Made $10000000000 in the last hour :)

Haha i wish...

dano 01-13-2021 08:32 AM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by Soundofsilence (Post 1136157)
Btw, if my math is right then you will see BTC at least once at 15k in next 30 days. Definately it'll explode exponentially but it's bound to fall to near 15k in next 30 days for a while.

Yes, if you will be lucky to dream during the night you will see at 15k again

Soundofsilence 01-13-2021 09:11 AM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by quest (Post 1136163)
https://coinmarketcap.com
how many you see here?

There are thousands of and there will be millions in future but my question is, will you copy/paste bitcoin and sent me, I will give you what you ask for.

In exchange of poor bitcoin app ⊗⊗⊗⊗ coins which you mentioned, anything you say will be given to you regardless of it's cost.

Lol.

First try and see even if you copy/paste and create even 1 cent worth of bitcoin and move into blockchain transaction, if you can do it then you'll be the richest man in the world in near future but the question is can you?
If you can, I am willing to buy all your copy/pasted bitcoins at 15k USD per coin and you'll earn this just by simple copy/pasting.

Fair deal?

Soundofsilence 01-13-2021 09:16 AM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by dano (Post 1136193)
Yes, if you will be lucky to dream during the night you will see at 15k again

"If my math is right"

The part says all.

Anyway, we all have right to share our own point of views and I am extremely playful even if my prediction fails but I don't think due to fear of possibility of failure in prediction I should not share what I genuinely feel with my insights and intelligence.

When btc was at 13k I predicted it to reach 26-30K in 30 to 40 days but I didn't share my views as I was new in the space and didn't confident to share here. But now, I strongly feel so lets see.

If it reaches to anywhere near to what I mentioned, I am gonna put all of my wealth into btc for very long time. Lol.

Soundofsilence 01-13-2021 09:26 AM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by rsot (Post 1136172)
Math modelling?

Market behavior, fear/greed index & demand vs potential interested population.

The so called ⊗⊗⊗⊗ guru crazily drives people's greed into buying btc and when it goes up and up and up, people will continue to buy and it'll again increase the price and more and more people will buy.

Once it hits pick and fall back, fear in people's mind will drive them crazy along with greed of getting short term profit and once its going down for 3 to 5 days, mostly all short term profit people go on selling and people will sell below market price as always and it'll decrease the price.

Question is, how many have patiance to hold the btc at such sudden pick like Slokor mentioned he did in 2017 pick?


My prediction is based on 50% math modeling and 50% human emotional behavior into financial investment.


quest 01-13-2021 11:21 AM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by Soundofsilence (Post 1136201)
There are thousands of and there will be millions in future but my question is, will you copy/paste bitcoin and sent me, I will give you what you ask for.

In exchange of poor bitcoin app ⊗⊗⊗⊗ coins which you mentioned, anything you say will be given to you regardless of it's cost.

Lol.

First try and see even if you copy/paste and create even 1 cent worth of bitcoin and move into blockchain transaction, if you can do it then you'll be the richest man in the world in near future but the question is can you?
If you can, I am willing to buy all your copy/pasted bitcoins at 15k USD per coin and you'll earn this just by simple copy/pasting.

Fair deal?

I don't mean there is possible to copy coin of BTC
What I mean is you can make another BTC app.. BTC1, BTC2 and so on. And you can trade on it, buy/sell, mine and so on..

So if you can do the same with any other crypto currency, where is the limitation then?

Only limited resource may retain value :)

FIAT currencies are limited and protected by law. You can't make another dollarV2 and let it circulate into the market. You can't mine another type gold also. That's why FIAT/Gold retains stable value you can rely on.

Soundofsilence 01-13-2021 12:16 PM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by quest (Post 1136222)
I don't mean there is possible to copy coin of BTC
What I mean is you can make another BTC app.. BTC1, BTC2 and so on. And you can trade on it, buy/sell, mine and so on..

So if you can do the same with any other crypto currency, where is the limitation then?

Only limited resource may retain value :)

FIAT currencies are limited and protected by law. You can't make another dollarV2 and let it circulate into the market. You can't mine another type gold also. That's why FIAT/Gold retains stable value you can rely on.

Understood.

Soundofsilence 01-14-2021 02:47 AM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by agent006140 (Post 1136281)
Does Bitcoin a medium of exchange,where can I use bitcoin?
is it a store of value?how so?

Your search ends here.

https://bitcoin.org/

Soundofsilence 01-14-2021 02:52 AM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by agent006140 (Post 1136281)
Does Bitcoin a medium of exchange,where can I use bitcoin?
is it a store of value?how so?

1. Yes
2. Where people/company/store/e-commerce or anyone accepts bitcoin as a mode of payment.
3. No

Then what is bitcoin ?

Watch "The rise and rise of bitcoin" documentary for basic understanding.

Personal advice : by reading about bitcoin you won't be able to understand what it is clearly but if you watch high quality content about it like the above documentary then you'll begin to develop basic infrastructure in the mind which will be useful to understand the deeper concepts of bitcoin after further reading.

Start with videos and end with reading and unless you're able to explain to newbie what bitcoin is, simply don't invest money.

Not because it's not safe but because you may get poor quality sleep wondering what will happen to my money.

Once you understand what bitcoin is, you'll feel safer then any financial institution and have sound sleep so remember golden rule "What is bitcoin must be absolutely clear before spending savings on bitcoin".

quest 01-14-2021 03:49 AM

Re: Crypto Blowing Up
 
Most of documentary videos on youtube is propaganda with a lot of misleading information and myths, done by people who are already invested to BTC (miners, speculators, cryptocurrency exchange owners). If you watch it - don't take everything as a fact, be critical :)

rsot 01-14-2021 04:57 AM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by quest (Post 1136342)
Most of documentary videos on youtube is propaganda with a lot of misleading information and myths, done by people who are already invested to BTC (miners, speculators, cryptocurrency exchange owners). If you watch it - don't take everything as a fact, be critical :)

No blind faith, agreed

Soundofsilence 01-14-2021 11:30 AM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by Soundofsilence (Post 1136331)
Your search ends here.

https://bitcoin.org/

Hence this is the most accurate source to learn the facts with almost zero error.

Soundofsilence 01-14-2021 11:31 AM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by quest (Post 1136342)
Most of documentary videos on youtube is propaganda with a lot of misleading information and myths, done by people who are already invested to BTC (miners, speculators, cryptocurrency exchange owners). If you watch it - don't take everything as a fact, be critical :)

So much BS is there in youtube about this topic.

Agree.

SaiJin 01-16-2021 10:51 AM

Re: Crypto Blowing Up
 
any of you use Binance or Localbitcoins?

slokor 01-16-2021 12:16 PM

Re: Crypto Blowing Up
 
I used Binance for awhile.
Solid platform.

Soundofsilence 01-16-2021 01:26 PM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by SaiJin (Post 1136783)
any of you use Binance or Localbitcoins?

Never used Binance but I used Localbitcoins few times and got smooth transactions.

I take a little more loss but only choose the trading partner who has highest number of feedbacks , number of trades and also highest amount of BTC exchanged so they don't risk their account by trying to commit fraud by scamming me.

Anyway, I've done some very interesting testing/research to understand how protected we are while trading on paxful or Localbitcoins. For some reasons I can't share the screen shots here so if someone wants to know, please pm me and I'll be happy so share it. :)

Btw, I had many smooth transactions on paxful but nowadays I moved to trezor hardware wallet and I've my own BTC exchanger who has private automated website with better rates. The benefit is, they're trustworthy also I can directly send BTC from hardware wallet to them and I get direct funds in any bank account or any type of gift cards as well.

Soundofsilence 01-16-2021 01:28 PM

Re: Crypto Blowing Up
 
Those who doesn't know the hidden feature of trezor is,

they've tie up with a website and we can purchase any fresh gift cards for any country any brand directly using the BTC available in our trezor BTC hardware wallet. No need to reachout to any exchanger.

SaiJin 01-19-2021 09:55 PM

Re: Crypto Blowing Up
 
is it just me or the 2nd verification BInance they want a Selfie of you?

SaiJin 01-21-2021 12:31 PM

Re: Crypto Blowing Up
 
Looks like BTC is plunging below 31K after the announcement from Yenen.
I wonder if this is a manipulation by whales to trick people to selling their coins

JamesNorth101 01-21-2021 07:51 PM

Re: Crypto Blowing Up
 
Looks like people are dumping what they have

I wonder what the big whales will end up doing. I sold most my holdings at £25,000 a few weeks ago and was gutted when I saw the price go back towards the £30k mark. Pretty glad I did it now though but easily could have left a lot of earnings on the table.

I shall personally buy back in using the same funds I traded in for fiat if the prices dip towards the £15k mark which I expect they may well do.

SaiJin 01-21-2021 10:29 PM

Re: Crypto Blowing Up
 
I kinda doubt it'll drop below 20K, James...

prediction is 100k by april ish and 220 towards end of year.

The institutions are buying a LOT of BTC this year and they are HODL

slokor 01-21-2021 11:32 PM

Re: Crypto Blowing Up
 
At least this round we don't have the doom and gloom dummies predicting it dropping to sub $1k levels as we did in the past.

JamesNorth101 01-22-2021 09:00 AM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by SaiJin (Post 1137743)
I kinda doubt it'll drop below 20K, James...

prediction is 100k by april ish and 220 towards end of year.

The institutions are buying a LOT of BTC this year and they are HODL

Certainly possibly won’t but ultimately the big companies holding it will eventually look to sell because while BTC does have value it still can’t really be used in the real world the way the dollar can and as the dollar stabilises which I expect it will over the next few weeks and as the stock market follows the stabilisation I wouldn’t be surprised if people started cashing out their bitcoin and putting it into high yield stocks instead

Time will tell :)

I would be absolutely astonished if it hit 100K by April though...

ebaywanton 01-22-2021 01:39 PM

Re: Crypto Blowing Up
 
If it hits 100k by April, i will personally give all my stealth accounts to you for free lol

50k at the most by April, and even that's a push, especially with the Biden government who want to tackle cryptos

quest 01-22-2021 02:39 PM

Re: Crypto Blowing Up
 
why it should hit 100K? is there any reason for such increase? :)

JamesNorth101 01-22-2021 03:17 PM

Re: Crypto Blowing Up
 
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

agent006140 01-22-2021 03:31 PM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by quest (Post 1137872)
why it should hit 100K? is there any reason for such increase? :)

the US dollars is expected to lose 5-10% of its value in next 2 years ,mostly due to the huge deficit ,borrowing trilions for the stimulus programs

quest 01-22-2021 04:32 PM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by agent006140 (Post 1137879)
the US dollars is expected to lose 5-10% of its value in next 2 years ,mostly due to the huge deficit ,borrowing trilions for the stimulus programs

that's not reasonable enough, there is plenty other options where you can convert dollars to retain value.. :)

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


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