Bitcoins - about to hit $5,000 per coin today!

[gib]

Yeah Solana is, please tell me any other coin that's shut down 11 times and still going?If you're ever going to bet the farm and put all  your eggs in one basket, it's Solana.

I've sold all my btc and gone in, not missing out on  the next 100x.

Solana is the Eth killer we deserve and need.

The human desire to gamble never ceases to amaze me.

The odds of BTC growing 10x over the next few years are pretty good.

The odds of Solana (or pick your favorite "alt" with a "good story) growing 100x over the next few years is virtually zero (although of the infinite number of alts there of course will be some). Yet there always seems to be one more fool willing to part with his money on the hope that he backed the correct dark horse and found a diamond in the rough.

If you really want a 100xer to bet on, I would suggest FileCoin. I don't really see that as a crypto currency but more as a genuine utility token. But again, united we stand, divided we get diluted. We all collectively succeed if we are Bitcoin maxies, and meanwhile, the biggest beneficiary of any alt is the issuer who is trying to syphon off BTC value by getting you to believe in a scam project. Please don't fall into this trap.

[Theoak*]

The human desire to gamble never ceases to amaze me.

The odds of BTC growing 10x over the next few years are pretty good.

The odds of Solana (or pick your favorite "alt" with a "good story) growing 100x over the next few years is virtually zero (although of the infinite number of alts there of course will be some). Yet there always seems to be one more fool willing to part with his money on the hope that he backed the correct dark horse and found a diamond in the rough.

If you really want a 100xer to bet on, I would suggest FileCoin. I don't really see that as a crypto currency but more as a genuine utility token. But again, united we stand, divided we get diluted. We all collectively succeed if we are Bitcoin maxies, and meanwhile, the biggest beneficiary of any alt is the issuer who is trying to syphon off BTC value by getting you to believe in a scam project. Please don't fall into this trap.

lol

[obsidian]

The human desire to gamble never ceases to amaze me.

The odds of BTC growing 10x over the next few years are pretty good.

The odds of Solana (or pick your favorite "alt" with a "good story) growing 100x over the next few years is virtually zero (although of the infinite number of alts there of course will be some). Yet there always seems to be one more fool willing to part with his money on the hope that he backed the correct dark horse and found a diamond in the rough.

If you really want a 100xer to bet on, I would suggest FileCoin. I don't really see that as a crypto currency but more as a genuine utility token. But again, united we stand, divided we get diluted. We all collectively succeed if we are Bitcoin maxies, and meanwhile, the biggest beneficiary of any alt is the issuer who is trying to syphon off BTC value by getting you to believe in a scam project. Please don't fall into this trap.

I like watching Ivan Tech. He sees the coming bull run peaking later in 2025. He mentions that bigger market cap coins will see diminishing returns compared to previous bull cycles. Bitcoin did a 20x from 2014 - 2017 and then a +/- 3.5x from 2017-2021. He reckons BTC could reach at least $100,000 in 2025, or maybe sooner. But he does not see it going to $300,000 or $400,000 in this bull run.

Here are his targets:

BTC: $100,000 for sure
ETH: $12,000 minimum (At least a 3X from previous ATH)
BNB: $2,000 (10x maybe)
XRP: Will be happy if it goes to previous ATH of $3
SOL: Not sure if it can go past previous ATH of $259. Thinks it could easily go to $100.

[deadz]

Bitcoin is still a thing ?? did anyone make money on this ?

LOL yea right let me go drop a million on bit crap.

[Theoak*]

I like watching Ivan Tech. He sees the coming bull run peaking later in 2025. He mentions that bigger market cap coins will see diminishing returns compared to previous bull cycles. Bitcoin did a 20x from 2014 - 2017 and then a +/- 3.5x from 2017-2021. He reckons BTC could reach at least $100,000 in 2025, or maybe sooner. But he does not see it going to $300,000 or $400,000 in this bull run.

Here are his targets:

BTC: $100,000 for sure
ETH: $12,000 minimum (At least a 3X from previous ATH)
BNB: $2,000 (10x maybe)
XRP: Will be happy if it goes to previous ATH of $3
SOL: Not sure if it can go past previous ATH of $259. Thinks it could easily go to $100.

I wouldn't lend credence to this pump and dump shitcoiner. Guy was exposed long ago in those schemes and went on a deleting frenzy trying to cover his tracks.

Didn't he also say bitcoin  can't go up with interest rates above 3%

In terms of price, couldn't care about the other coins , if BTC ETF gets approved then the issuers are going to need a ton of btc tp satisfy consumer demand over the next 12-24 months. That will be interesting to see.

SOL only got to 259 because of that fraudster SBF pumping its bags, him and his cronies. Was also trying to artificially keep the price of btc under 20k. Once these shenanigans stop you will start to see big numbers.

[obsidian]

I wouldn't lend credence to this pump and dump shitcoiner. Guy was exposed long ago in those schemes and went on a deleting frenzy trying to cover his tracks.

Didn't he also say bitcoin  can't go up with interest rates above 3%

In terms of price, couldn't care about the other coins , if BTC ETF gets approved then the issuers are going to need a ton of btc tp satisfy consumer demand over the next 12-24 months. That will be interesting to see.

SOL only got to 259 because of that fraudster SBF pumping its bags, him and his cronies. Was also trying to artificially keep the price of btc under 20k. Once these shenanigans stop you will start to see big numbers.

He actually knows something about programming. There's a tutorial of him creating a blockchain on youtube. I also recall him pumping crypto in  2020 and early 2021 and then turning bearish later in the year. And the market did go south shortly after. So he has to get credit for spotting the trend in the crypto market.

I really don't see BTC being the only crypto that thrives. The world is a big place. Not everyone is going to go into BTC. There's room for other blockchains. And applications that BTC is not suited for.  The reality is smaller market-cap coins will outperform BTC in a bull run. They will dump much harder but also go up more. If BTC now goes up $5,000 it's only a 15% increase at $33,000. It sounds impressive, but a newbie investing $10,000 will only have a profit of $1,500. For BTC to make a 10x gain from here on out it needs to go to $330,000.

Doge just needs to go from 6 cents to 60 cents for a 10X. Doge's ATH was 75 cents. If Elon adds Doge to X/Twitter it could certainly reach the previous ATH and beyond. $1 Doge might be possible. Doge is sitting at 6.6 cents right now. That's a 15X. That $10,000 becomes $150,000.

[obsidian]

I wouldn't lend credence to this pump and dump shitcoiner. Guy was exposed long ago in those schemes and went on a deleting frenzy trying to cover his tracks.

Didn't he also say bitcoin  can't go up with interest rates above 3%

In terms of price, couldn't care about the other coins , if BTC ETF gets approved then the issuers are going to need a ton of btc tp satisfy consumer demand over the next 12-24 months. That will be interesting to see.

SOL only got to 259 because of that fraudster SBF pumping its bags, him and his cronies. Was also trying to artificially keep the price of btc under 20k. Once these shenanigans stop you will start to see big numbers.

Yes, he pumps and dumps. That's how you make money. You buy low and sell high. I need to follow that advice. I had a Doge profit of over $100,000 two years ago. I was greedy and did not sell. Then when the price started dumping I said fuck it I'll ride it to the bottom.

Wrong mentality. Diamond hands are fine but crypto is going to pump and dump like a pyramid scheme. It can't go up forever and it can't stay sidewise forever. Nobody would get into crypto if there were no changes. And some people make money when it dumps. Crypto is going to pump and dump for a few more cycles.

[Theoak*]

He actually knows something about programming. There's a tutorial of him creating a blockchain on youtube. I also recall him pumping crypto in  2020 and early 2021 and then turning bearish later in the year. And the market did go south shortly after. So he has to get credit for spotting the trend in the crypto market.

I really don't see BTC being the only crypto that thrives. The world is a big place. Not everyone is going to go into BTC. There's room for other blockchains. And applications that BTC is not suited for.  The reality is smaller market-cap coins will outperform BTC in a bull run. They will dump much harder but also go up more. If BTC now goes up $5,000 it's only a 15% increase at $33,000. It sounds impressive, but a newbie investing $10,000 will only have a profit of $1,500. For BTC to make a 10x gain from here on out it needs to go to $330,000.

Doge just needs to go from 6 cents to 60 cents for a 10X. Doge's ATH was 75 cents. If Elon adds Doge to X/Twitter it could certainly reach the previous ATH and beyond. $1 Doge might be possible. Doge is sitting at 6.6 cents right now. That's a 15X. That $10,000 becomes $150,000.

pumping and dumping coins on your followers where you command alot of influence online is not only un-ethical  it's also illegal. Why do you think half these scammers move to Dubai?

[Theoak*]

He actually knows something about programming. There's a tutorial of him creating a blockchain on youtube. I also recall him pumping crypto in  2020 and early 2021 and then turning bearish later in the year. And the market did go south shortly after. So he has to get credit for spotting the trend in the crypto market.

I really don't see BTC being the only crypto that thrives. The world is a big place. Not everyone is going to go into BTC. There's room for other blockchains. And applications that BTC is not suited for.  The reality is smaller market-cap coins will outperform BTC in a bull run. They will dump much harder but also go up more. If BTC now goes up $5,000 it's only a 15% increase at $33,000. It sounds impressive, but a newbie investing $10,000 will only have a profit of $1,500. For BTC to make a 10x gain from here on out it needs to go to $330,000.

Doge just needs to go from 6 cents to 60 cents for a 10X. Doge's ATH was 75 cents. If Elon adds Doge to X/Twitter it could certainly reach the previous ATH and beyond. $1 Doge might be possible. Doge is sitting at 6.6 cents right now. That's a 15X. That $10,000 becomes $150,000.

Last cycle was about price suppression  via paper btc, what if this cycle is about price expansion? Having your money in a centralised shitcoin that will outpace btc by 3 or 4x is degenerate gambling.

Last cycle I over heard conversations of people patting each other on the back listing their portfolio with 5+ coins in it. "wow, that's great choice of coins".

This isn't the S&p 500, there will be no top 500 coins. 99% will eventually goto 0 against btc. I'd say Eth will keep up along side, but on a long enough time frame btc will absolutely  eclipse it on a pricing and use case scenario.

I'd rather sleep well at night knowing my wealth is in a decentrilised blue chip asset rather than chasing the next 10-100x. Here's the kicke4, btc still has another 100x in it.

[Mayday]

I think its quite possible we will see a sell off in US equities at this time. However, I don't agree with the second part of the thesis, that BTC will come down also. Rather i see BTC frontrunning the inevitable easing of conditions which will be expected after a stock decline, being the lowering of interest rates and more money printing. The market cap of BTC is so small compared to equities such that the cash moving from equities into BTC as a safe haven will lead to a surge in BTC demand and hence price.

I do wish you luck though. I would be so happy for another opportunity to buy more BTC at a good price.

I had BTC to 41k this year BUT if it was going to happen I had it before November. We have A week left so let’s see.

Price now at 34.5k so this is a solid breakout. This is why I have big positions already as imagine having nothing and then it breaks to 35k 😱  if we can get to the 40s any pullback might be where we just came from lol

I’m happy either direction.

[Mayday]

Just looked at the ETH gas cost on defi to do a small $5 transaction and it was $29.97……..

[obsidian]

Just looked at the ETH gas cost on defi to do a small $5 transaction and it was $29.97……..

Can you post a screenshot? Is there an option to use a L2 for the transaction? What platform was this?

ETH has turned deflationary again. The past 1 hour 197 ETH was burned and 107 ETH issued via fees / staking.

https://ultrasound.money/

[obsidian]

Last cycle was about price suppression  via paper btc, what if this cycle is about price expansion? Having your money in a centralised shitcoin that will outpace btc by 3 or 4x is degenerate gambling.

Last cycle I over heard conversations of people patting each other on the back listing their portfolio with 5+ coins in it. "wow, that's great choice of coins".

This isn't the S&p 500, there will be no top 500 coins. 99% will eventually goto 0 against btc. I'd say Eth will keep up along side, but on a long enough time frame btc will absolutely  eclipse it on a pricing and use case scenario.

I'd rather sleep well at night knowing my wealth is in a decentrilised blue chip asset rather than chasing the next 10-100x. Here's the kicke4, btc still has another 100x in it.

BTC pumped and dumped from an ATH of $68,763.41 on 11/9/2021 to a low of $15,795 on 11/21/2022. That's a drop of 77.0299%.

ETH pumped and dumped from an ATH of $ 4,896.88 on 11/9/2021 to a low of $996.19 on 6/18/2022. That's a drop of 79.6566%.

BTC and ETH charts for the past 5 years look very similar. But my point is, BTC has dumped just like everything else. Bitcoin Maxi(pads) act like BTC's shit don't stink. But it do! (sic)

[Theoak*]

BTC pumped and dumped from an ATH of $68,763.41 on 11/9/2021 to a low of $15,795 on 11/21/2022. That's a drop of 77.0299%.

ETH pumped and dumped from an ATH of $ 4,896.88 on 11/9/2021 to a low of $996.19 on 6/18/2022. That's a drop of 79.6566%.

BTC and ETH charts for the past 5 years look very similar. But my point is, BTC has dumped just like everything else. Bitcoin Maxi(pads) act like BTC's shit don't stink. But it do! (sic)

I'm not sure what you're saying? who is denying btc dumps. What you have shown is btc dumps less and less each cycle as it matures.

[affeman]

Bitcoin is still a thing ?? did anyone make money on this ?

The fate of any BTC buyer:

[gib]

BTC Fractal Graph

[Flexacon]

People need to chill. It's like they've never experienced a green candle. It's still a bear market

[Theoak*]

I had BTC to 41k this year BUT if it was going to happen I had it before November. We have A week left so let’s see.

Price now at 34.5k so this is a solid breakout. This is why I have big positions already as imagine having nothing and then it breaks to 35k 😱  if we can get to the 40s any pullback might be where we just came from lol

I’m happy either direction.

 

See how weak the Aussie $$ has become against USD

At 69kusd it was almost 90kaud

Yesterday btc touched 35kusd and it was 55k aud

[gib]

Price now at 34.5k so this is a solid breakout....imagine having nothing and then it breaks to 35k 😱 

Well we hit 35K 2 times in the last few days. It may hit again today - iets see if we get decisive breakthrough.

Many people are hodling, and very few sellers of any volume. Add to that increased retail interest, hedge funds and family offices who may buy prior to the ETFs, and then also the coins the various ETF applicants are already accumulating to seed the funds. And currently very low leverage in the system - its a lovely set up for upward momentum.

[Mayday]

 

See how weak the Aussie $$ has become against USD

At 69kusd it was almost 90kaud

Yesterday btc touched 35kusd and it was 55k aud

That’s the DXY movement I frequently speak of which is the index of USD against all currencies. We are all in the same bucket here.

Americans think their currency is collapsing, everyone outside the US see the USD value skyrocketing. Perspective.

If there is an event in the ME which triggers a sell off we will see the USD quickly spike then it should reverse and give us some breathing space before going back up in the next rate hiking cycle.

[Mayday]

Well we hit 35K 2 times in the last few days. It may hit again today - iets see if we get decisive breakthrough.

Many people are hodling, and very few sellers of any volume. Add to that increased retail interest, hedge funds and family offices who may buy prior to the ETFs, and then also the coins the various ETF applicants are already accumulating to seed the funds. And currently very low leverage in the system - its a lovely set up for upward momentum.

We have ME uncertainty driving up Gold and BTC. I like this very much as it shows anti risk, uncertainty mechanism in play. It also serves my belief that BTC is ultimately digital gold and nothing else.

We are testing 2021 and 2022 lows at 35k. I have the next week and the one after as the major equity sell off risk zone so let’s see if it holds up.

 My Mum is 74 and yesterday she told me BTC had jumped up because there is an ETF approval and some other shit. My brother had phoned her and was talking the typical BS. They are top price buyers so when out of the blue they tell me why Bitcoin pumped and how it’s going higher……

[French]

Solana will replace Ethereum.
All layers in one, fast and low transaction cost

Nokia has been replaced by Apple, Samsung
Yahoo has been replaced by Google
..

always the number one is replaced
Don't wait, sell your house, car and wait for a SOL at 600$ soon.

[gib]

OK GETBIGGERS, I AM CALLING IT. THE NEXT CYCLE (now to end of 2025) HAS STARTED. AND ITS GOING TO BE EPIC.

I HAVE SAID IT MANY TIMES. THE CHANCES OF BECOMING A WHOLECOINER (IF YOU ARE NOT ONE) WILL GET LOWER BY THE DAY. SECURE YOUR FUTURE AND START SACKING SATS.

Ok, well as we can see now, I was right in making this call.

Price on 20 October was 29500. We are now sitting on 35000. (So up around 15% since my call).

MayDay, we almost certainly won't see the equities dump (or Bitcoin dump) you predicted for November. Powell pretty much put an end to that possibility with his comments yesterday.

What you were right on is that 35K would be a likely short term resistance level. I think we may now just have broken through to 35K being the new short term support level, in what will be a overall upwards trend.

[gib]

Theok and Flex etc - below, again, was the rationale for my call that a new BTC cycle is underway...

Well, I'm not much of a fan of technical indicators, but it would pretty obvious that on basic technical alone we are on an upward phase and through the last bear cycle.

Beyond that there are many major drivers at play which are super bullish for BTC demand.

-Conflict in various parts of the world leading to a demand for assets which are fixed in supply, easily divisible, and transferable across boarders.

-Inflation in many parts of the world, devaluing fiat currencies at a noticeable rate.

-Increasing education and awareness among our citizens as to why a global, uncensorable, uncorruptable, secure, digital, store of value and money, perfectly limited in supply, and decentralized, is so so important into the future we are heading.
 
-Numerous US BTC ETF's poised for approval for some of the largest funds in the world, which will result in hundreds of Billions of fund inflows into this asset class.

-Increasing understand and regulatory and technical and philosophical and economic understanding as to the difference betwen Bitcoin and "cryptos".

- The 2024 halvening due in around 6 months.

-The increasingly obviousness that the US will (and has almost no choice but to) embark on greater money printing than ever before.

-Ai increasingly making use of BTC as a base layer store of value.

-Countries globally looking to increase income taxes.

...all of which, when you combine with even just a slight increase of demand for this very unique limited in supply  asset class, will lead to a MASSIVE upward movement once FOMO takes hold (which will gradually build up and then abruptly take hold and explode in a positive loop upward price cycle).

Oh, and major financial players coming out strongly in support of Bitcoin as the supreme asset class, different and better than all others. Here is a good example, an interview with Fidelity.

i=0vzC9-RkOR5HXg5N

[obsidian]

Solana will replace Ethereum.
All layers in one, fast and low transaction cost

Nokia has been replaced by Apple, Samsung
Yahoo has been replaced by Google
..

always the number one is replaced
Don't wait, sell your house, car and wait for a SOL at 600$ soon.

Dumped 8% today.

Solana does have a lot of hype going on, and institutional interest. My concern is it is more centralized, the FTX estate holds a lot, and it has a history of shutting down. But, it could do well in the future.