And will continue to do so forever
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Make your vote, Bitcoin will hit 18K now?
- Thread starter SoNewToAllShit
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I would have sworn back then that BTC would never go that high, not to mention when I talked with some people about BTC rising to 100K in 2019, back then we laughed and said it was a utopia. I think that utopia is about to become reality soon.
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I'm proud to become an Elite Lifetime member of the Mentor Group Gold.
The secret of being happy is accepting where you are in life and making the most out of every day
indeed. fiat has no cap and can be printed without limits. Hence bitcoin rises as long as this continues.
Anyone has an understanding as to who's buying currently, in these last 24 hours? There must be a huge sell wall around 80k, BTC briefly hit 78k because of it, but jumped back to 79k within an hour... Who are those buyers? Companies, banks? Why are they buying now, instead of 2 years ago? I don't imagine many retail investors are FOMOing right now? Crypto looks like a scam to most normies
I swapped some doge for btc at around $80k
Ath today @ $81.1k
They are closed on Sunday
I buy btc all the time, and again I will tomorrow like every Monday no matter the price.
They should.
this is the only real scam:
looks like the inverted Madoff's track record rof/%
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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields
mostly BTC ETFs - they are sucking out huge amounts of liquidity from the market - great thing is that there is a massive inertia and very unlikely they will reverse significantly
then many institution, family offices, wealth managers, companies with positive cash flow, fiat reserves and sane financial management - basically anyone who has mediocre knowledge should now understand what's going on
retail FOMO not yet as it's really difficult and mentally challenging to hop in at current nominal price level knowing it cost 18k not a long time ago and they still remember the previous cycles - it will come no doubt - beautiful example of natural selection, those with guts and strength will survive
Last edited: Nov 11, 2024
I hear you, absolutely, on the other hand there are people still waiting to buy at 10k (even 40k which will very likely never happen again)
potential loss is disproportional to potential gains - buying bitcoin for whatever one can afford is a no-brainer since FTX and still is today - how petty will this "dilemma" look once we will reach 500k, and we will inevitably
In principle, you are right; right now it sounds completely absurd that bitcoin would ever reach 500K, but it's the same situation we had when this thread was created in 2022, where no one believed it would ever reach 81K as it is now. Along the way, it has dropped significantly only to come back strongly again.
it's clearly a matter of perspective - to me it's completely absurd to think it wouldn't happen 😉
like saying in 1995 that only scientists and company management will use internet on a daily basis
Not quite. I never worried in 2022-2023 period as I felt pretty sure the floor was reached. It felt risk-free to buy BTC then. $80k is just merely retracing the progress made in previous bull runs, nothing to brag about.
The only way you can lose anything with btc is if you lose your keys (or you don't have them).
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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields
250k in 2025 is very doable .. Large corps and pension funds still have no exposure to BTC
Blackrock will shove it down their throats like its grapes
I know it feels 90k is insane but never stop DCAing without looking at the price .. NO ONE HELD BTC for 4 years and lost money
Remember, this is just 10% at current levels. Use a log scale when you chart btc (or anything else).
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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields
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