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Started By
Message
Bitcoin - how high?
Posted on 9/21/25 at 8:29 am
Posted on 9/21/25 at 8:29 am
Opinions on if we have seen the high limit on Bitcoin or anyone think it will at some point catch on and continue to rise? I put in about $1,200 years ago and balance is at $10k now. Thinking of cashing in what have.
18
Posted on 9/21/25 at 8:42 am to Amblin
As someone not high on bitcoin it will continue to grow. Eventually it will go to a million. Look at the pattern. It goes up to 10k-20k past the old high then goes down to 5k-10k from that previous high and the cycle repeats. So every cycle you gain 5k-10k
Posted on 9/21/25 at 8:57 am to Amblin
It's all "hopium" at this point I've accepted. You have it cheap enough to let it keep growing though imo. Doesn't seem like it will drop low enough before it bounces back up. Unless you really really need the money I'd let it be if I were you.
As for me, I need it to go up consistently hard and fast again, so I can hopefully get out of MSTU. Breakeven there is be good with.
As for me, I need it to go up consistently hard and fast again, so I can hopefully get out of MSTU. Breakeven there is be good with.
Posted on 9/21/25 at 9:03 am to Amblin
quote:
I put in about $1,200 years ago and balance is at $10k now. Thinking of cashing in what have.
What caused Bitcoin go from $10,000 to $100,000 in the first place?
And the better question, has anything changed to prevent it going up 10x again?
Posted on 9/21/25 at 9:11 am to Amblin
Let’s check the chart.
It looks like we’ve got some room to grow.
It looks like we’ve got some room to grow.
Posted on 9/21/25 at 9:12 am to PhiTiger1764
quote:This is a question everyone needs to explore.
What caused Bitcoin go from $10,000 to $100,000 in the first place?
Posted on 9/21/25 at 12:01 pm to beaverfever
quote:
Let’s check the chart.
I think you need to make the chart a little smaller.
Posted on 9/21/25 at 1:05 pm to Amblin
quote:
Thinking of cashing in what have.
Posted on 9/21/25 at 1:38 pm to Amblin
It will hit a million.
The question is, will more traditional investments outgrow it in that timeframe
The question is, will more traditional investments outgrow it in that timeframe
Posted on 9/21/25 at 2:11 pm to Amblin
Once institutions start selling it this thing is coming down hard.
The rest of the world isn't gonna convert to Bitcoin.
All of the big money has already been made.
The rest of the world isn't gonna convert to Bitcoin.
All of the big money has already been made.
Posted on 9/21/25 at 2:33 pm to PhiTiger1764
quote:
What caused Bitcoin go from $10,000 to $100,000 in the first place?
US dollar/inflation issues.
Which arent going away because we refuse to significantly cut spending and keep interest rates high
Posted on 9/21/25 at 2:55 pm to PhiTiger1764
quote:
What caused Bitcoin go from $10,000 to $100,000 in the first place?
Fomo, greater fool theory, and printing tether bucks out of thin air.
If you made money on this, you would be smart to cash out. Nothing backs this thing.
Original intended to be a means to buy drugs anonymously online, with a max throughout of 7 transactions per second.
It is now been manipulated to extracting dollars from retail as some sort of store of value with zero use case
Posted on 9/21/25 at 3:16 pm to Cosmo
The dollar/inflation argument seems like a convenient excuse. If it was true, you’d see people cashing out in something other than USD. Instead you have an object that people buy based on its potential usefulness, while shamelessly admitting they have no intention of using it for its intended purpose. As long as that holds true the price can only increase.
But the price increase has to be limited by available capital. As someone previously stated the people that want BTC have it. Now it’s just a matter of those people accumulating it, and at some point those people run out of resources.
Getting crypto into retirement accounts will be a scary point of no return, because people will start accumulating out of a sense of obligation, but more importantly it will signify the too big to fail moment where the government will be increasingly relied on to bailout crypto if starts tanking IRAs…at that point it becomes quasi full faith in credit.
But the price increase has to be limited by available capital. As someone previously stated the people that want BTC have it. Now it’s just a matter of those people accumulating it, and at some point those people run out of resources.
Getting crypto into retirement accounts will be a scary point of no return, because people will start accumulating out of a sense of obligation, but more importantly it will signify the too big to fail moment where the government will be increasingly relied on to bailout crypto if starts tanking IRAs…at that point it becomes quasi full faith in credit.
Posted on 9/21/25 at 3:45 pm to lsuconnman
quote:
If it was true, you’d see people cashing out in something other than USD
Every other currency is even worse.
Could cash out and just buy gold I guess
This post was edited on 9/21/25 at 3:46 pm
Posted on 9/21/25 at 3:53 pm to UltimaParadox
Besides the US military, what backs the US dollar?
Posted on 9/21/25 at 4:11 pm to Cosmo
quote:
Every other currency is even worse.
Which has been always been a tacit admission that digital gold’s purpose to save us from the USD was a solution in search of a problem.
Posted on 9/21/25 at 5:35 pm to SalE
Oil
Posted on 9/21/25 at 5:52 pm to Amblin
Understand what money is and the history of money and you will have your answer.
Seriously. Dont even bother learning about bitcoin until you can explain to someone else the history of money.
Seriously. Dont even bother learning about bitcoin until you can explain to someone else the history of money.
Posted on 9/21/25 at 5:57 pm to Amblin
goes to million in future
Posted on 9/21/25 at 6:50 pm to I Love Bama
quote:This. It’s hard to find something if you don’t know you’re looking for it.
Understand what money is and the history of money and you will have your answer.
And I would caution people that bitcoin is an invasive species. Find it before it finds you.
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