Crypto Blowing Up

slokor · #**243** 01-02-2021

Youre one rich clown! lol
So are we going to see $50k by the end of 2021? or the end of March?

**aspkin** · #**244** 01-02-2021

Woah.. I expected 25k sometime soon but 30k+ is a nice surprise.

Come back a year from now and 100k will be the norm.

Soundofsilence · #**245** 01-03-2021

Quote:

Originally Posted by agent006140

gold is going up,Bitcoin is going up,dollar is going down,we will be paying more for food and staples.

Could you please explain a bit how ?
Sorry, I know it's dumb question but right now I can't think much as I'm restless due to something going on.

I remember you saying such things repeatedly and always wondered to understand co-relation.

JamesNorth101 · #**246** 01-03-2021

Quote:

Originally Posted by Soundofsilence

Could you please explain a bit how ?
Sorry, I know it's dumb question but right now I can't think much as I'm restless due to something going on.

I remember you saying such things repeatedly and always wondered to understand co-relation.

As the $ goes down importing costs more. I expect a lot of US food is important.

Something that used to cost $1 to import now costs $1.05 to import > increases price

Not sure about stamps... the price of fuel in the US may well go up as the value of the $ goes down though as again lots of it is imported so that may see a corelated increase in the price of stamps. I doubt it though

Tumbac · #**247** 01-03-2021

I am so stupid, I sold out my BTC when it was 15k and I was thinking I made some profit haha.
What do you think guys? Should I buy now at 33k or wait to drop to 20-25k?

quest · #**248** 01-03-2021

There might be some kind of manipulation, as it was few years ago

Beautiful · #**249** 01-03-2021

Quote:

Originally Posted by slokor

So close to $30k...
Oh well...
So what are the predictions for 2021? Anyone thinking itll break $50k?

I think we'll get close to 100K this cycle, probably wise to take some chips off the table around 45K and then 85-80K if it gets to those levels. 50K and 100K will probably be tough psychological levels to break

Personally I'm keeping an eye on things like an ETF and Fidelity. Once your friends/family are buying again, we're probably close to the top of the cycle, kind of like the 2017 cycle

But this time is different, so who knows. I can't see institutions selling BTC in exchange for a devaluing currency. The previous cycles were mostly retail and we didn't have Covid & crazy global debt

slokor · #**250** 01-03-2021

I still remember several individuals (that shall remain unnamed) who were bashing on Bitcoin only a year or two ago saying the whole thing was going to collapse. I recall one specifically who was laughing at HODLers and calling us all fools who will regret it all when BTC crashed to $100.
Wonder where he is now...

**SaiJin** · #**251** 01-04-2021

Quote:

Originally Posted by nate

Good morning to everyone...
Except those who thought I was a clown over the last 4 years for spending $60k on computer hardware in 2017 & 2018 and mining through the bear market out of pocket

$33k BTC

It just hit 34.9k

What's your prediction, Nate? I'd say at least 40K in the next few months tops.

rsot · #**252** 01-05-2021

Quote:

Originally Posted by Beautiful

I think we'll get close to 100K this cycle, probably wise to take some chips off the table around 45K and then 85-80K if it gets to those levels. 50K and 100K will probably be tough psychological levels to break

Personally I'm keeping an eye on things like an ETF and Fidelity. Once your friends/family are buying again, we're probably close to the top of the cycle, kind of like the 2017 cycle

But this time is different, so who knows. I can't see institutions selling BTC in exchange for a devaluing currency. The previous cycles were mostly retail and we didn't have Covid & crazy global debt

Interesting - given that larger institutions have been pushing acceptance even more so

@NasterXchange · #**253** 01-05-2021

Quote:

Originally Posted by slokor

I still remember several individuals (that shall remain unnamed) who were bashing on Bitcoin only a year or two ago saying the whole thing was going to collapse. I recall one specifically who was laughing at HODLers and calling us all fools who will regret it all when BTC crashed to $100.
Wonder where he is now...

hahah so true :-D

Well really nobody could know but they were some good signs all the time.

Some institutions started already buying in mass bitcoin and other will follow.

Also the recent absurd proposals of Fin CEN are showing that interest keeps growing dramatically in the US. Let's see how the future will look like.

**SaiJin** · #**254** 01-07-2021

Quote:

Originally Posted by @NasterXchange

hahah so true :-D

Well really nobody could know but they were some good signs all the time.

Some institutions started already buying in mass bitcoin and other will follow.

Also the recent absurd proposals of Fin CEN are showing that interest keeps growing dramatically in the US. Let's see how the future will look like.

It's inching in to 40K now.

This is exciting, when's a good time to sell usually?

barbarosserbest · #**255** 01-07-2021

Should we sell right now

what is a good strategy any recomendation

rsot · #**256** 01-08-2021

Certainly doesn't seem like too late to jump on or off the bandwagon

Tumbac · #**257** 01-09-2021

Damn 41K

I think its taking some time off to 35k or staying at 40k and in a few months its going to explode again

nate · #**258** 01-09-2021

GrayScale starts buying again beginning of FEB. GrayScale does not sell, only onboard new contracts at a premium and acquire more BTC.

https://hackernoon.com/grayscales-gb...t-slow-0gu340l

Your welcome...

Freakzilla · #**259** 01-09-2021

So buy or sell?

**SaiJin** · #**260** 01-09-2021

Quote:

Originally Posted by nate

GrayScale starts buying again beginning of FEB. GrayScale does not sell, only onboard new contracts at a premium and acquire more BTC.

https://hackernoon.com/grayscales-gb...t-slow-0gu340l

Your welcome...

Okay , Thank you thank you.

So this means the price will explode again in Feb if they just buy to hold.

**SaiJin** · #**261** 01-11-2021

Wow just like that BTC dipped to $31k after reaching 41K.

slokor · #**262** 01-11-2021

You make it sound like you've never seen BTC action in the past

No big surprise that we're seeing a correction. Itll stabilize and start the slow climb again soon enough.

yankee · #**263** 01-11-2021

I plan on moving some cash to BTC in the next weeks. If only I had a crystal ball

**SaiJin** · #**264** 01-11-2021

Quote:

Originally Posted by slokor

You make it sound like you've never seen BTC action in the past

No big surprise that we're seeing a correction. Itll stabilize and start the slow climb again soon enough.

hehehe, true true.

I'm trying to decide between 2 things.

1. sell most when it hits 40K again then wait until it drops back down to below 10K . (But risk that it'll never go below that ever again)

2. Hold for the next 10 years till it hits over 6 figures.

My finance friends keep telling me to hold for a very very long time.