Author Topic: Bitcoins - about to hit $5,000 per coin today!  (Read 1770160 times)

gib

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #10275 on: February 28, 2024, 01:32:12 AM »

Mayday

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #10276 on: February 28, 2024, 02:32:51 AM »
Impressive moves in a short period by Bitcoin. I expect a lot of cryptos to make impressive moves at various points in the cycle.

Here's an interesting chart from 1875 - The Brenner Cycle



that did the mass social media rounds in 2022 and 2023 and everyone got wrecked.

Narratives do the rounds to get the masses wrecked because the predictability of the masses is the most sure thing.


gib

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #10277 on: February 28, 2024, 06:47:44 AM »
USD $60,000

affeman

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #10278 on: February 28, 2024, 07:03:07 AM »
USD $60,000

Where will that Bullrun max out? When can I finally sell off?

gib

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #10279 on: February 28, 2024, 07:03:37 AM »

Anyone who wants to buy a bunch of digital cyberspace electrons for $5000 a piece because you think it's going to $1 mil USD... please, be my guest. 


LOL. :)

gib

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #10280 on: February 28, 2024, 07:06:23 AM »
It's gonna go MUCH HIGHER.

Mark my words you ignorant naysayers.

He was right!

Flexacon

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #10281 on: February 28, 2024, 07:22:44 AM »
Where will that Bullrun max out? When can I finally sell off?

You must work for the European Central Bank  :D

Flexacon

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #10282 on: February 28, 2024, 07:25:50 AM »
This move up was very easy to call and price did indeed teleport. Last few months have felt like easy mode.


A break of 52k (ish) could see a teleport to 64/65k



Last week saw $2.5B flows from the ETFs and Coinbase is down to its barebones in BTC holdings, lowest in nearly 10 years. Doesn't look like it's gonna be long before ...



SouJerz

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #10283 on: February 28, 2024, 07:33:32 AM »
https://99bitcoins.com/bitcoin-obituaries/

For all the Bitcoin bears.

If it hits golds market cap that’s a price of 650,000 a BTC still cheap right now. Get some ETF if you can’t hold actual coins.

loco

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #10284 on: February 28, 2024, 07:39:41 AM »
USD $60,000

Congrats, gib and all the others getbiggers who are invested.  I hope BTC goes to $100K and beyond.

Just a reminder though, volatility of peace:

BTC:
$64,899.00 Apr 13,2021
$35,840.96 Jun 10, 2021

$64,807.73 Nov 11, 2021
$32,933.33 Jan 23, 2022
$15,460.00 by Nov 20, 2022


gib

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #10285 on: February 28, 2024, 08:14:30 AM »
https://99bitcoins.com/bitcoin-obituaries/

For all the Bitcoin bears.

If it hits golds market cap that’s a price of 650,000 a BTC still cheap right now. Get some ETF if you can’t hold actual coins.

BTC will very obviously hit Gold's market cap. Its better than gold on all core metrics of money. When that will happen I am not sure. Two years? Maybe 5? Either way, mark my words, it WILL happen. Anyone except the most stubborn and bigotted remaining no-coiners should now see this trend is well underway.

a_pupil

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #10286 on: February 28, 2024, 08:22:53 AM »
Congrats, gib and all the others getbiggers who are invested.  I hope BTC goes to $100K and beyond.

Just a reminder though, volatility of peace:

BTC:
$64,899.00 Apr 13,2021
$35,840.96 Jun 10, 2021

$64,807.73 Nov 11, 2021
$32,933.33 Jan 23, 2022
$15,460.00 by Nov 20, 2022

I'll be in for 50k if it hits $15000 again.

Flexacon

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #10287 on: February 28, 2024, 08:31:18 AM »

Just a reminder though, volatility of peace:


For some of us bitcoin isn't volatile enough!

gib

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #10288 on: February 28, 2024, 09:07:23 AM »
For some of us bitcoin isn't volatile enough!

Pretty dam volatile today innit? And the only people complaining are those not yet invested.

I can only say, to anyone, BUY. HODL.

How hard can it be? The world is slowly learning...

Bitcoin = Truth = Freedom = Prosperity.

SouJerz

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #10289 on: February 28, 2024, 09:08:21 AM »
BTC will very obviously hit Gold's market cap. Its better than gold on all core metrics of money. When that will happen I am not sure. Two years? Maybe 5? Either way, mark my words, it WILL happen. Anyone except the most stubborn and bigotted remaining no-coiners should now see this trend is well underway.

I agree 99.9%  theres always nuclear war with russia and china.

How many BTC do you have GIB?  Cold storage on a trezor or ledger?  Or are you on an exchange binance, coinbase, kraken?

SouJerz

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #10290 on: February 28, 2024, 09:10:56 AM »

SouJerz

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #10291 on: February 28, 2024, 09:22:19 AM »
Pretty dam volatile today innit? And the only people complaining are those not yet invested.

I can only say, to anyone, BUY. HODL.

How hard can it be? The world is slowly learning...

Bitcoin = Truth = Freedom = Prosperity.

If were getting to 650k and then 1.5 million a coin it has to be volatile or "rubber band",   150-200k this cycle then back down to 25-45k, but as said before dont think of BTC as an investment that you plan on selling anytime soon think 5-10 years you will sell maybe even more and at that point you will only have to sell a fraction of your BTC or Satoshi's to buy a house,  HODL.   

gib

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #10292 on: February 28, 2024, 09:46:05 AM »
I agree 99.9%  theres always nuclear war with russia and china.

How many BTC do you have GIB?  Cold storage on a trezor or ledger?  Or are you on an exchange binance, coinbase, kraken?

76 (and a very small portion of crypto - ETH, SOL, FIL, Uniswap and Chainlink).

When I started off it was all in cold storage on a hardware wallet. 85% or so still in cold storage. The rest is spread out - some with banks who custody BTC, and yes a little on a few regulated exchanges. I also have some exposure via Microstrategy and Square, and a tiny bit in 2 of the ETFs (BlackRock and Bitwise).

SouJerz

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #10293 on: February 28, 2024, 10:13:50 AM »
76 (and a very small portion of crypto - ETH, SOL, FIL, Uniswap and Chainlink).

When I started off it was all in cold storage on a hardware wallet. 85% or so still in cold storage. The rest is spread out - some with banks who custody BTC, and yes a little on a few regulated exchanges. I also have some exposure via Microstrategy and Square, and a tiny bit in 2 of the ETFs (BlackRock and Bitwise).


AWESOME DUDE! Crypto-millionaire!   What’s your average BTC price?

I’m spread 60/40 between BTC and ETH some micro strategy and some IBIT ETHE and BITO

gib

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #10294 on: February 28, 2024, 10:25:45 AM »
Thanks - yes indeed. (I was already well off with successful stock and property portfolio, but yes it's nice to be a "crypto millionaire". Would have been more life changing if crypto was the only assets I had.

My journey was documented in the many posts in this thread. I started buying in the 3-5K range, leading up to the 20K peak in December 2017. I was actually on holiday during the peak and had no access to my coins, (and I reckon I would have sold some exactly on 20K if I did have). Anyhow, back from holiday, I unloaded everything at around 15K (so made a 5x return on my investment in a very short period of time).

Started buying back in again in 2019, not just with what I had, but also with additional funds over time. Hodled all the way to the peak in end of 2021, and this time did not sell the dip at all. Then timed really nicely and started accumulating Jan 2023 onwards, and also added quite hard in the months prior to the ETF approvals.

If you have not read the whole thread, suggest you do so - not for the knowledge which you surely have, but for the humor - there is some really funny stuff along the way.

Nice to meet you by the way - welcome to the thread!

 


Flexacon

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #10295 on: February 28, 2024, 10:28:07 AM »
You could justifiably set your sights even higher.

It may mean nothing, but the Feds fund rate peaked and then held in early 2019 and then bitcoin went on a huge run until they started cutting. Rates have similarly peaked now and Bitcoin is moving almost identically to early 2019.

With ETFs and halving and no rate cuts for a few months it's all lining up for a big move up. Blow off top for everything until rates are cut.




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Mayday

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #10296 on: February 28, 2024, 10:30:47 AM »
Just tapped 64k but got smacked down.

69k is where the real test will be.

I’ve just seen a bunch on X get utterly annihilation Ed either being short or sidelined. Everyone was certain of a pullback.

loco

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #10297 on: February 28, 2024, 10:46:26 AM »
For some of us bitcoin isn't volatile enough!

 :D


gib

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #10298 on: February 28, 2024, 11:53:04 AM »
Just tapped 64k but got smacked down.

69k is where the real test will be.

I’ve just seen a bunch on X get utterly annihilation Ed either being short or sidelined. Everyone was certain of a pullback.

Very risky to be short on BTC. If really wanting to "trade" just move to cash.

Brutal short liquidations today. A lot of money lost by those who bet against the all might BTC.

https://www.cnbc.com/2024/02/28/bitcoin-jumps-above-60000-for-the-first-time-since-november-2021.html

obsidian

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #10299 on: February 28, 2024, 12:10:37 PM »
I'll be in for 50k if it hits $15000 again.
No, you won't. So many people say that. When it goes down to $15k they adjust the figure down to $5k. The lower it goes the more it affirms their position that it is going to zero.