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

[Griffith]

I have two prices of 88k and 115k.

I think 88k is much more probable though if it's going to go on a run.

The alternative scenario is an absolute bloodbath and lows for another 6 months. That would be a buying opportunity though so it's not the end of the world.

What are your price targets for ETH?

[Flexacon]

Pandora papers (Panama papers part II) are out in a few hours.

It will be interesting what's in there about bitcoin and crypto.

Rumours that there will be huge dirt on one of the major banks.

The mother of all FUDs could be incoming. I will be shitting in the woods for the next few weeks!

[Theoak*]

I actually care very little for the market top in the coming months. Id be interested in you fellas predictions of market correction bottoms.  2018 we saw 3k bottom. Will we see a multi year bear cycle?

Im going with 50-60k support and a shortening 'bear cycle'.

Either way I keep accumulating weekly, one trade ill be making is out of ltc and into 80/20 btc  and cash.

[Notomorrow]

Just curious, for crypto I have all my money in Bitcoin so it used to read in the asset allocation on Coinbase, 100% of my crypto assets in Bitcoin. Now the number varies day to day from 99.92% to 99.7% although 100% of my crypto investment money on Coinbase is in Bitcoin. How is this happening? The financial totals and the amount of Bitcoin I own reads the same, but the asset allocation changes these minor decimals now. Is Coinbase, Bitcoin, or some other entity beginning to use crypto investors money for it's own financial transactions, making it a bit of a fiat currency but figuring that as long as the totals are the same the investor won't notice? Or is it just some random fluctuation or new charge from Coinbase? Sorry if it's a stupid question

[Mayday]

Just curious, for crypto I have all my money in Bitcoin so it used to read in the asset allocation on Coinbase, 100% of my crypto assets in Bitcoin. Now the number varies day to day from 99.92% to 99.7% although 100% of my crypto investment money on Coinbase is in Bitcoin. How is this happening? The financial totals and the amount of Bitcoin I own reads the same, but the asset allocation changes these minor decimals now. Is Coinbase, Bitcoin, or some other entity beginning to use crypto investors money for it's own financial transactions, making it a bit of a fiat currency but figuring that as long as the totals are the same the investor won't notice? Or is it just some random fluctuation or new charge from Coinbase? Sorry if it's a stupid question

If it’s 100% in BtC then it’s always 100% and doesn’t change. If it changes, we’ll that’s why you don’t use Coinbase. They fucked over heaps of holders in the past.

[Mayday]

I actually care very little for the market top in the coming months. Id be interested in you fellas predictions of market correction bottoms.  2018 we saw 3k bottom. Will we see a multi year bear cycle?

Im going with 50-60k support and a shortening 'bear cycle'.

Either way I keep accumulating weekly, one trade ill be making is out of ltc and into 80/20 btc  and cash.

So I’m bullish for a couple of months.

My argument for the bottom being in is this. The 75% historic bottom number from a top comes from a parabolic peak. No parabolic peak = no 75% drop. Someone cannot climb halfway up Mt Everest and yet descend the entire top to bottom. Makes sense yes?

The peak ‘should’ have been 130k parabolic meaning 32.5k bottom @ 75%. Instead we got 65k which is halfway. If we apply the 75% we get 16k but because the peak was at a halfway point we need to double the bottom value which gets us to 32k. The same as if it had gone parabolic


Go back a few months and I posted to expect the debt ceiling to freeze and become an issue along with no senate approval for stimulus packages. This is going to play out mid October. You want to know what else is freaky? We are lagging 11-15 days vs 2013 Bitcoin price behaviour which falls in this exact time space.

Ive already said I expect a crash in Mid Oct but we know 100% in the past the US has always raised the debt ceiling. So I think we have a nice wick to 38k and then travel upwards towards the end of the year.

[Flexacon]

This looks like a pump before a dump. Price is going up on no volume. I had a 35K bottom a while back, but I'll start buying my alt collection if/when btc drops to 40k.

The potential black swan event looks more like FUD to prepare everyone for a slow death. I think all the markets bleed until at least January, apart from crypto. If that's the case and it means more people fomo their money into crypto then we might see some ridiculous prices. 150K BTC is a possibility.

[OneMoreRep]

This looks like a pump before a dump. Price is going up on no volume. I had a 35K bottom a while back, but I'll start buying my alt collection if/when btc drops to 40k.

The potential black swan event looks more like FUD to prepare everyone for a slow death. I think all the markets bleed until at least January, apart from crypto. If that's the case and it means more people fomo their money into crypto then we might see some ridiculous prices. 150K BTC is a possibility.

Would be glorious for a some of us.

"1"

[FitnessFrenzy]

BTC $ 55,178.93

[Mayday]

BTC $ 55,178.93

Yeah boi !!!!!

[Griffith]

ETH will be breaking ATH's soon at this rate.

[gib]

Just for the hell of it, I am going to go ahead and respond to this post when Bitcoin hits 55k.

I will remain completely out of the picture folks.

No stressing over the charts. No hyping up the latest scam coin.

I will simply show you how easy it is to make money with this revolutionary new technology.

Hard cap of 21 million. Decentralization. Supply cut in half every 4 years.

This is what matters to me as a long term investor of Bitcoin.

He was right. Lots of graph analysis and circle-jerking, In the meantime HODL produced 55,000 lol

[gib]

See you at 55K!

...And I'm back!

So what did I miss guys? Executive summary please.

PS - there is a HODL Sats to 100K movement underway that started a few days ago starting to gain traction, the theory being that if we all collectively hodl and don't give in to any "trade" prices will inevitably rise provided there is continued demand. Anyone pledged up to this? I'm happy to do my part, both to HODL and to promoted this to others to join.

[Mayday]

He was right. Lots of graph analysis and circle-jerking, In the meantime HODL produced 55,000 lol

Only a Bitcoin maxi would brag about a 15% loss from all time highs while alt coins boomed

Still another liquidation event inbound before we have the final push up. FOMO begins at 64k, I’d really love a 130k BtC in December.

I’m not going to sell my BTC for a while. I’ll HoDL with you mate

If you love HoDL so much, why not invest in an actual HoDL coin built around proof of wait instead of proof of work? Have you seen what a true HoDL structure does?

[gib]

You mean like HEX? There are many interesting ideas out there. I'm keeping it simple.

OK - lets hodl together. 100K here we come!

[2020 Olympia]

So... should I buy a new BMW 3 series or 1 bitcoin? 🤔

[Flexacon]

So... should I buy a new BMW 3 series or 1 bitcoin? 🤔

You buy both retard!

[Mayday]

So... should I buy a new BMW 3 series or 1 bitcoin? 🤔

Granted I am spoiled with cars but mid range always seemed pointless to me. Buying mid range cars makes me feel too poor to afford top range and too retarded to buy entry level.

buy the outliers.

Case in point I went from an M5 to an entry level Ute. If you want a 3 series, buy the M3 competition or buy something low end.

[a_pupil]

So... should I buy a new BMW 3 series or 1 bitcoin? 🤔

Buy a bitcoin then lambo

[obsidian]

You mean like HEX? There are many interesting ideas out there. I'm keeping it simple.

OK - lets hodl together. 100K here we come!

Yep I agree. Let's all HODL Apes. Apes strong together!

[Flexacon]

Yep I agree. Let's all HODL Apes. Apes strong together!

Have you DRSed?

[Mayday]

OK - lets hodl together. 100K here we come!

Bears simply getting wrecked at the moment with a breakout to 56.5k.

Im eyeing a break above the previous ATH around the 4th-8th November.

[obsidian]

Have you DRSed?

What does that mean?

[polychronopolous]

He was right. Lots of graph analysis and circle-jerking, In the meantime HODL produced 55,000 lol

There is this "aha moment" you have when you've spent enough time going down the Bitcoin rabbit hole.

Once you truly grasp the fundamentals of it and understand it's awesome store of value characteristics.

Upon reaching this level you realize that all you have to do is kick back and "watch number go up"

If astrology, er, chart analysis is your thing then by all means, please feel free to do so.

Myself? I would rather be down at the creek bank catching channel catfish, grilling t-bone steaks and enjoying life.

And gib you know perfectly that we could just as easily set another arbitrary price of 60, 70 or 80k and it eventually would arrive at that number as well!

All we have to do is kick back and watch while this once in a millennia invention does exactly what it was designed to do...go up and to the right forever.

And to the rest of my fellow getbiggers following this thread...I just want to say that I adore you all so much and I am just so very happy to be among your presence again 

[Mayday]

There is this "aha moment" you have when you've spent enough time going down the Bitcoin rabbit hole.

Once you truly grasp the fundamentals of it and understand it's awesome store of value characteristics.

Upon reaching this level you realize that all you have to do is kick back and "watch number go up"

If astrology, er, chart analysis is your thing then by all means, please feel free to do so.

Myself? I would rather be down at the creek bank catching channel catfish, grilling t-bone steaks and enjoying life.

And gib you know perfectly that we could just as easily set another arbitrary price of 60, 70 or 80k and it eventually would arrive at that number as well!

All we have to do is kick back and watch while this once in a millennia invention does exactly what it was designed to do...go up and to the right forever.

And to the rest of my fellow getbiggers following this thread...I just want to say that I adore you all so much and I am just so very happy to be among your presence again 

Good to see you guys back in the thread again!

2022 going to be an interesting year.