Crypto Blowing Up

[SaiJin]

I remember a lot of us me including believed that BTC will be at 100K by the end of 2021.

[yankee]

Originally Posted by jmag91

Indeed. You see the US following through with all 3 hikes?

How do you see Omicron playing out (market wise) ?

The three hikes will happen I believe but they are small. It WILL crash some housing markets because that small increase will drive the prices beyond the economic threashhold for most in those areas(Dallas, Austin, Huston, many cities in Florida, Atlanta, some places in North Carolina, much of the north east but not like 2008, Boise, much of CA etc). Now, with that being said...... they are openly talking about making the 40 year mortgage standard replacing the 30 year in addition to ALREADY raising loan limits and lowering credit score and down payments.

So.... that may kick the can a year or two or three IF they do formally replace the 30 year with the 40.

Covid? Who the heck knows what the words governments will do. They are so full of crap and really have no idea what they are doing. OR they really do and it is intentional to deflate the worlds currency LOL That is the only logical conclusion I can come up with about this new variant that pretty much is a mild cold for most everyone.

How this all will effect BTC? I believe it will go down and down A LOT and then over time skyrocket. Could be years though. At least BTC has a practical use and over the next decade will be more valuable. I do think there will be a day that most nobody will hold a whole coin. That the price will be so high that millionaires wound be able to afford a whole coin without leverage. How many years? I dont have an educated guess.

But what the heck do I know? Im just a dude who sells crap on the inter-web.

[pca242]

Originally Posted by yankee

The three hikes will happen I believe but they are small. It WILL crash some housing markets because that small increase will drive the prices beyond the economic threashhold for most in those areas(Dallas, Austin, Huston, many cities in Florida, Atlanta, some places in North Carolina, much of the north east but not like 2008, Boise, much of CA etc). Now, with that being said...... they are openly talking about making the 40 year mortgage standard replacing the 30 year in addition to ALREADY raising loan limits and lowering credit score and down payments.

So.... that may kick the can a year or two or three IF they do formally replace the 30 year with the 40.

Covid? Who the heck knows what the words governments will do. They are so full of crap and really have no idea what they are doing. OR they really do and it is intentional to deflate the worlds currency LOL That is the only logical conclusion I can come up with about this new variant that pretty much is a mild cold for most everyone.

How this all will effect BTC? I believe it will go down and down A LOT and then over time skyrocket. Could be years though. At least BTC has a practical use and over the next decade will be more valuable. I do think there will be a day that most nobody will hold a whole coin. That the price will be so high that millionaires wound be able to afford a whole coin without leverage. How many years? I dont have an educated guess.

But what the heck do I know? Im just a dude who sells crap on the inter-web.

BTC is and was a beautiful invention, in the future you will valuing things in SATs (Satoshis) and everyone will be putting their faith in a decentralized system that cannot be manipulated.

The old system is clearly manipulated and creates further wealth disparity.

Right now you have a negative yielding bond market that has a much larger in market cap than the stock market. (Around 100 trillion)

I believe the crash could come in the bond market in the very near future. As I stated before, the Federal Reserve cannot raise interest rates substantially without creating the next great depression and they know this.

Therefore, they are stuck and cannot do much tapering. It is all perception to make it look like they have it under control.

QE has been going on since 2008, what makes you think they are going to stop now?

BTC should not go below 40K, IMO. Looking at the RSI chart indicators it is in a very attractive buy range compared to past price movements.

[yankee]

Originally Posted by pca242

QE has been going on since 2008, what makes you think they are going to stop now?

I never said it would stop. I said the rates will increase and by a small amount. That is what I said. Many sectors have large % increases already. Recreational vehicles for example. 2020 0-3% and now 7-13% is not uncommon. Was it enough to slow down consumer debt, Yes, to slow it. But not enough to slow it to the points the industry felt it....yet.

[yankee]

Originally Posted by pca242

BTC is and was a beautiful invention, in the future you will valuing things in SATs (Satoshis) and everyone will be putting their faith in a decentralized system that cannot be manipulated.

I feel right now there is very little in this world more manipulated than Crypto. I feel we may be decades away until that changes. I think it will be even MORE manipulated in the years to come.

But again, what the heck do I know.

[james_112233]

Originally Posted by SaiJin

I remember a lot of us me including believed that BTC will be at 100K by the end of 2021.

Still got a few days to go ... i'm expecting a massive pump. Hopefully SHIB skyrockets too. Will sell if it does.

[slokor]

And yet another opportunity brewing on the ETH/BTC pair. Sold a couple of days ago when it touched 0.085 and now its going back down again.

[pca242]

The next few months are going to be fun.

The last leg of the bull run is coming, buckle up!

[slokor]

Originally Posted by agent006140

some one just released a study on Bitcoin-0.01% accounts hold 26% of Bitcoins.
It also showed a high percentage of transactions have no economic value.

Guess we should all just get out of the crypto market lol
Maybe next time tell us what your point is instead of yet again regurgitating someone else's story.

[Soundofsilence]

Is Crypto20 token has any potential?

Its kind of mutual funds in the world of crypto.

[Bettergeek]

sushi is going to pump it up guys.

It will soon have its own dex.

Jump on it

[Bettergeek]

Originally Posted by SaiJin

Okay okay, let's all try to be civil with each other.

James, if you strip Freak's harsh tone away he is right though.
I've been very neutral and make jokes with you because I figure you gotta learn and do you yourself.

Freak... be nicer =)

Either way, no one knows what's gonna happen and we can only have an educated guess.
Crypto is like gambling.

In 10 years we will have people here complaining why BTC dropped from 500k usd to 350k during the usual dip.

Keep accumulating when it dips, never sell, unless there will be a mastodontic pump in a short time range, so it will be a good choice to take some profit to buy the dip.

Of course we are not in 2016 and we have not "affordable prices" to become multi millionaires, but we can still make some pretty good damn profit with a "sure" crypto

[SaiJin]

Originally Posted by Bettergeek

In 10 years we will have people here complaining why BTC dropped from 500k usd to 350k during the usual dip.

Keep accumulating when it dips, never sell, unless there will be a mastodontic pump in a short time range, so it will be a good choice to take some profit to buy the dip.

Of course we are not in 2016 and we have not "affordable prices" to become multi millionaires, but we can still make some pretty good damn profit with a "sure" crypto

Well let's hope in 10 years it'd be over 1million lol

[james_112233]

Originally Posted by Bettergeek

In 10 years we will have people here complaining why BTC dropped from 500k usd to 350k during the usual dip.

Keep accumulating when it dips, never sell, unless there will be a mastodontic pump in a short time range, so it will be a good choice to take some profit to buy the dip.

Of course we are not in 2016 and we have not "affordable prices" to become multi millionaires, but we can still make some pretty good damn profit with a "sure" crypto

It's going to be epic reading this thread in 10 years time. Hopefully it's still here.

[slokor]

Well here is MY promise - and unlike Agent I will actually keep it:
If/when BTC reaches $500k I will give $10k in crypto to the first 5 people to give me a thanks to this post.
Click fast people!

[TGMT²]

Originally Posted by slokor

If/when BTC reaches $500k I will give $10k in crypto to the first 5 people to give me a thanks to this post.

Never going to happen in my lifetime, but I clicked the Thanks button just in case. lol

[james_112233]

I clicked thanks, but you can donate my 10k to a charity of your choice.

Originally Posted by slokor

Well here is MY promise - and unlike Agent I will actually keep it:
If/when BTC reaches $500k I will give $10k in crypto to the first 5 people to give me a thanks to this post.
Click fast people!

[slokor]

Originally Posted by james_112233

I clicked thanks, but you can donate my 10k to a charity of your choice.

ill donate it to the charity of YOUR choice and post the receipt for the donation here.

[slokor]

Originally Posted by TGMT²

Never going to happen in my lifetime, but I clicked the Thanks button just in case. lol

You never know.
Thats only 10 times what it is now. Remember when it was under $2k? less than 5% what it is now?

[Bettergeek]

Originally Posted by slokor

Well here is MY promise - and unlike Agent I will actually keep it:
If/when BTC reaches $500k I will give $10k in crypto to the first 5 people to give me a thanks to this post.
Click fast people!

So gratefull to you mate, free money it's always a pleasure.
In general I am honest so I will give half to my family and half to people in need.

I will link you later in years my wallet

[Giannidrudi91]

Originally Posted by slokor

Well here is MY promise - and unlike Agent I will actually keep it:
If/when BTC reaches $500k I will give $10k in crypto to the first 5 people to give me a thanks to this post.
Click fast people!

Probably btc will be solidly at 500k after 2028 halving.
Hoping we will all still be alive to see it happening :D

[slokor]

I will still be here to follow through on my promise