Author Topic: Bitcoins - about to hit $5,000 per coin today!  (Read 1095559 times)

FitnessFrenzy

  • Getbig V
  • *****
  • Posts: 29212
  • faux pas
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #7925 on: August 28, 2021, 10:25:00 AM »

FitnessFrenzy

  • Getbig V
  • *****
  • Posts: 29212
  • faux pas
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #7926 on: August 28, 2021, 10:26:02 AM »

OneMoreRep

  • Moderator
  • Getbig V
  • *****
  • Posts: 14165
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #7927 on: August 28, 2021, 11:51:46 AM »


I think Richard Heart can be entertaining when in a group setting. I think his technical analysis (when he does showcase) is very strong.

What I don't care for is the flaunting. That has asshole written all over it. The truly rich (as in old money) don't flaunt as much. Young money typically does. Great for him in building something great, but less flaunting would probably get him more fanfare.

Also, I don't know too much about his operations, but I do remember reading somewhere that for quite some time, many saw HEX as a ponzi scheme. Not sure if at all true and doubt it by this point, but worth looking into.

"1"

Mayday

  • Getbig IV
  • ****
  • Posts: 3001
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #7928 on: August 29, 2021, 12:50:27 AM »
I think Richard Heart can be entertaining when in a group setting. I think his technical analysis (when he does showcase) is very strong.

What I don't care for is the flaunting. That has asshole written all over it. The truly rich (as in old money) don't flaunt as much. Young money typically does. Great for him in building something great, but less flaunting would probably get him more fanfare.

Also, I don't know too much about his operations, but I do remember reading somewhere that for quite some time, many saw HEX as a ponzi scheme. Not sure if at all true and doubt it by this point, but worth looking into.

"1"

His flaunting isn't like typical influencers with shocked faces "OMG i spent 1M on watches in under 30 seconds". It's a general very non-event 'oh hey here is some crazy expensive shit you can blow money on'. To me it's almost like a gigantic piss take where he tries to find the most obscene uselsss shit and buy it. That's my take anyway and i don't mind it.

Everything is a ponzi scheme because first in encourages more to buy in and then first in sell out and last in are the bag holders.  HEX is the ultimate ponzi because it's too good to sell out and end result is a mammoth sized valuation due to HoDL rules.

People bagged it out out of cult mentality but Richard designed it in a way where it's protected from leverage, bots and day trading then provided rules to encourage people to hold it long term and only take out small slices at a time. It's a brilliant design and in September i plan to hold some HEX for a very long term outlook just to see what happens.

I have mentioned participation depth in crypto building price floors (ie bear markets and bull markets are a necessity to engage more people over time) and HEX essentially will build a price floor 10x faster than everything else due to it's structure. It is this that freaks people out thinking it's a scam. It's not a scam, it's how a perfectly structured ponzi looks.

Mayday

  • Getbig IV
  • ****
  • Posts: 3001
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #7929 on: August 29, 2021, 01:02:34 AM »
September is nearly here.

My opinion is that we will have an identical 2013 run giving us a peak to either 88k or 115k before year end. The reason for 2 targets is because of the rule of 100s where numbers will either fall short or if they go over, they go reasonably over. We cannot know which we will get until it's time.

September will look like shit. October will also look like shit. We will have a black swan event on the 22nd-23rd September which will trigger a cascade of selloffs.

Contagion from Crypto into broader sharemarkets is going to cause pain and everybody is going to think we are ruined.

All of us on here are going to be screaming it's the end of the USD and global economy, this is THE big event of collapse.......

Debt ceiling raise will be approved. 3.5T of Stimmy will be approved and it will magically go away before the end of October.

November and into December crypto will be utterly spastic and out of control. What prices drop to is irrelevant because you simply buy at whatever price.

FitnessFrenzy

  • Getbig V
  • *****
  • Posts: 29212
  • faux pas
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #7930 on: August 29, 2021, 06:31:14 AM »

OneMoreRep

  • Moderator
  • Getbig V
  • *****
  • Posts: 14165
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #7931 on: August 29, 2021, 08:16:01 AM »
My opinion is that we will have an identical 2013 run giving us a peak to either 88k or 115k before year end. The reason for 2 targets is because of the rule of 100s where numbers will either fall short or if they go over, they go reasonably over. We cannot know which we will get until it's time.

Hmm, so Bitcoin will likely increase 2-3x fold by your estimates and I'm sure alts would certainly follow with some particular alts hitting unexpected highs (much like Solana).

We will have a black swan event on the 22nd-23rd September which will trigger a cascade of selloffs.

You can't just casually drop this idea without adding strong substantiating arguments as to why. You need to expand on this, give us your craziest predictions and explain why you see it coming.

Contagion from Crypto into broader sharemarkets is going to cause pain and everybody is going to think we are ruined.

Everybody is going to think we will be ruined? Why? What do you mean regarding a supposed contagion surrounding crypto?

All of us on here are going to be screaming it's the end of the USD and global economy, this is THE big event of collapse.......

Again, you need to expand on this idea. Don't want to assume anything, but it sounds a bit crazy. Then again, after this last year, NOTHING will surprise me.

Debt ceiling raise will be approved. 3.5T of Stimmy will be approved and it will magically go away before the end of October.

I can 100% see this happening. They are already flirting with this.

November and into December crypto will be utterly spastic and out of control. What prices drop to is irrelevant because you simply buy at whatever price.

I foresee a probable crypto winter coming, although I can't trace it by technical analysis in a way that suggests that November/December will be the time it hits. If it does, I am aggressively stacking BTC, ETH, Cardano (Will likely go hardest into $ADA), Polkadot and Chainlink. As a hedge against US market activity, will also likely double down on the cheap VeChain.

"1"

robcguns

  • Getbig V
  • *****
  • Posts: 20124
  • Founder of the proud straight white male movement

FitnessFrenzy

  • Getbig V
  • *****
  • Posts: 29212
  • faux pas
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #7933 on: August 29, 2021, 08:28:14 AM »

SexyCustomSynthesis250

  • Getbig II
  • **
  • Posts: 172
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #7934 on: August 29, 2021, 08:32:19 AM »
Do you trade on market cap?

Totally agree, market cap is for idiots
LOL newbcoiner assclown

Flexacon

  • Getbig V
  • *****
  • Posts: 8290
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #7935 on: August 29, 2021, 08:32:32 AM »
My indicators (magic 8 ball) has ETH dropping mid week.

Also all the chatter about a looming black swan event. I've heard the following as possible triggers...

- Crypto or rather crazy leverage use and/or tether

- Attack on the US (ISIS.K suddenly is a thing)

- A subprime mortgage type scandal, but involving a basket of stocks and the US stock market.

Maybe it will be more than one of these, maybe they'll just be used as convenient excuses.

Oh and if you need some confirmation bias..



It happened 9 times at the end of Aug 2020 then Sept 1 & 2 each set new ATHs as well, and literally from the 3rd onwards we had a correction. They are setting up for something like this at a minimum.

OneMoreRep

  • Moderator
  • Getbig V
  • *****
  • Posts: 14165
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #7936 on: August 29, 2021, 08:50:48 AM »
My indicators (magic 8 ball) has ETH dropping mid week.

Also all the chatter about a looming black swan event. I've heard the following as possible triggers...

- Crypto or rather crazy leverage use and/or tether

- Attack on the US (ISIS.K suddenly is a thing)

- A subprime mortgage type scandal, but involving a basket of stocks and the US stock market.

Maybe it will be more than one of these, maybe they'll just be used as convenient excuses.


Oh and if you need some confirmation bias..



It happened 9 times at the end of Aug 2020 then Sept 1 & 2 each set new ATHs as well, and literally from the 3rd onwards we had a correction. They are setting up for something like this at a minimum.

It does feel as if the water in this economic pot is boiling and what will cause it to overflow is anyone's guess, but certainly only a matter of time.

"1"

Mayday

  • Getbig IV
  • ****
  • Posts: 3001
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #7937 on: August 29, 2021, 10:44:38 PM »
It does feel as if the water in this economic pot is boiling and what will cause it to overflow is anyone's guess, but certainly only a matter of time.

"1"

The last 4yrs between 2nd-5th September Bitcoin crashes. Every year except 2016 Bitcoin has crashed in September. In 2016 it crashed in August but we rallied just like the other years so it’ll be September.

Start of month has a crash. Towards end of month another dip which will be the 22nd-23rd. Crypto derivatives are 14x the size of spot in the most Volatile market on the planet.

This aligns with Flex’s statement above for mid week.

The bull side to this is everybody knows of year end seasonality. There is shitloads of money on the sidelines waiting for this last dip to go all in. There is also less window of opportunity which means any upwards move would be savage so while 30k to 115k in 3 months might sound crazy, it’s plausible if we bounce.

Pray_4_War

  • Getbig V
  • *****
  • Posts: 15801
  • Thot Expert
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #7938 on: August 30, 2021, 05:21:22 PM »
while 30k to 115k in 3 months might sound crazy, it’s plausible if we bounce.


Mayday

  • Getbig IV
  • ****
  • Posts: 3001
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #7939 on: September 01, 2021, 05:43:35 PM »
BTC dominance at the low.

Yellow highlight area was 2018 which was the crash of crypto, specifically alt coins we’re obliterated.

While I believe we rally into the end of the year, the dominance at lows is something where history says the gain in BTC dominance is a result from a crash in crypto, not a rally in price.

The timing of this makes sense as Sept is historically a bad time for crypto.

a_pupil

  • Getbig IV
  • ****
  • Posts: 3293
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #7940 on: September 01, 2021, 06:50:09 PM »
When lambo When's the next crash anticipated? How low you guys reckon it'll get?

Mayday

  • Getbig IV
  • ****
  • Posts: 3001
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #7941 on: September 01, 2021, 10:29:17 PM »
When lambo When's the next crash anticipated? How low you guys reckon it'll get?

It will happen when you chop your balls off with a butter knife. We’re all waiting on you mate.

Giddyup bro.

FitnessFrenzy

  • Getbig V
  • *****
  • Posts: 29212
  • faux pas
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #7942 on: September 02, 2021, 05:38:47 AM »
Carter Worth makes great TA.

FitnessFrenzy

  • Getbig V
  • *****
  • Posts: 29212
  • faux pas
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #7943 on: September 02, 2021, 05:42:56 AM »

FitnessFrenzy

  • Getbig V
  • *****
  • Posts: 29212
  • faux pas
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #7944 on: September 02, 2021, 05:43:49 AM »

Flexacon

  • Getbig V
  • *****
  • Posts: 8290
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #7945 on: September 02, 2021, 09:11:11 AM »
When lambo When's the next crash anticipated? How low you guys reckon it'll get?

I was looking for it to have a slow drop by now, but it's done the opposite.

You need to have hodl like patience even if you're sitting in stable coin waiting for a crash and everyone else is making money. I'm waiting through September and maybe early October before doing anything.

Hex looks glorious. Well done on your gains FF

FitnessFrenzy

  • Getbig V
  • *****
  • Posts: 29212
  • faux pas
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #7946 on: September 02, 2021, 02:08:50 PM »

Mayday

  • Getbig IV
  • ****
  • Posts: 3001
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #7947 on: September 03, 2021, 02:07:43 AM »
Rich fuckers have left BTC and moved over to ETH. Rich ETH have left ETH and gone over to NFT. The ETH NFTs are so expensive only gazilionaires can afford them so now it's all being dumped and moved back to ETH (hence, ETH moved up).

Meanwhile retail has fucked right off and is playing in the ADA, SOL, AVAX pond.

I looked at NFTs and even i'm priced out pretty much needing 10k just to buy in and take a punt. Then the gas fees are a grand or whatever just to purchase the things. WTF?

This is really something to ponder:
BTC 1.2T
ETH 0.45T
ADA 0.094T
HEX 0.048T
SOL 0.041T
AVAX 0.08T

SOL and AVAX going nuts because of NFT which are affordable for us retail plebs.

Flexacon

  • Getbig V
  • *****
  • Posts: 8290
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #7948 on: September 07, 2021, 08:18:09 AM »
Nice and spicy day for El Salvador

Bindare_Dundat

  • Getbig V
  • *****
  • Posts: 12227
  • KILL CENTRAL BANKS, BUY BITCOIN.
Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #7949 on: September 07, 2021, 12:11:23 PM »
42-44 close enough.  ;)

got a wicked trade in today boys.