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Started By
Message
It’s time to revisit Bitcoin potential. Where do you think it’s going?
Posted on 2/11/21 at 6:42 pm
Posted on 2/11/21 at 6:42 pm
Like the rest of you peasants, I too first heard of Bitcoin back in 2013. Yea yea yea, it could’ve been you, says every wannabe investor ever. Kudos to those few who actually put their money where their mouth was and held, life’s all about taking chances.
Anyways. Where do we go from here? Milestone after milestone, arbitrary number after arbitrary number it keeps blowing past them. Lots of buzz saying $100K by end of year, I mean just how high can it go? Big institutions investing, adoption is picking up steam, we are past the honeymoon phase and it’s just a crazy phenomenon to imagine.
I don’t want to hear about your promising pump and dump shite coins, I want to know how high you believe BTC can go. It’s already on the moon. In my mind, the only thing stoping this train is government intervention but it’s starting to progress past government intervention.
I hold .25 BTC and I’m never selling.
Anyways. Where do we go from here? Milestone after milestone, arbitrary number after arbitrary number it keeps blowing past them. Lots of buzz saying $100K by end of year, I mean just how high can it go? Big institutions investing, adoption is picking up steam, we are past the honeymoon phase and it’s just a crazy phenomenon to imagine.
I don’t want to hear about your promising pump and dump shite coins, I want to know how high you believe BTC can go. It’s already on the moon. In my mind, the only thing stoping this train is government intervention but it’s starting to progress past government intervention.
I hold .25 BTC and I’m never selling.
26
Posted on 2/11/21 at 6:45 pm to 13SaintTiger
Who is in charge of it?
Posted on 2/11/21 at 6:56 pm to 13SaintTiger
Definitely going to 100K. Timeframe? Idk? However I'm not tying up $40K+ in it on the hopes of it going there.
Posted on 2/11/21 at 7:00 pm to 13SaintTiger
It will go much much higher than the value of it today. All you need to know
Posted on 2/11/21 at 7:02 pm to 13SaintTiger
quote:baller
I hold .25 BTC
Posted on 2/11/21 at 7:06 pm to 13SaintTiger
If you look at the 4 year halving cycle and compare it where we are now compared to 2017, BTC is in the 1st part of the parabolic runup. Based on history alone it would peak this year perhaps between May and September and then selloff. The peak could be massive perhaps somewhere between $100K to $500K and not in a straight line of course. The selloff could be 75% to 90% of the peak. Anything could happen, but assuming it starts getting in the 6 figures around summertime, it might make sense to start selling in increments over the next several months with the intent of buying back in in increments after a 30% crash. Or just HODL through the next 2024 halving cycle and sell in its runup sometime in 2025.
Posted on 2/11/21 at 7:15 pm to 13SaintTiger
Nowhere. Crypto is a joke.
Posted on 2/11/21 at 7:28 pm to 13SaintTiger
I have dropped a little into crypto, primarily into other vehicles (I have a little [as in a small piece] of BTC). A $1400 dabble in December is $5000+ now.
Posted on 2/11/21 at 7:33 pm to 13SaintTiger
$100K by 2022
$1M by 2030
$1M by 2030
Posted on 2/11/21 at 7:35 pm to 13SaintTiger
I’ll be shocked if BTC is worth over $40k per coin in 10 years.
When was the last time the first player in a revolutionary world ended up being the biggest player after 20 years? I struggle to come up with any.
There are coins that do the things Bitcoin is supposed to do better, imo, and when Bitcoin is mainstream for long enough, those coins or some others we haven’t seen yet will overtake it.
In the interim, however, BTC could run to $100k+ and I wouldn’t be remotely shocked.
When was the last time the first player in a revolutionary world ended up being the biggest player after 20 years? I struggle to come up with any.
There are coins that do the things Bitcoin is supposed to do better, imo, and when Bitcoin is mainstream for long enough, those coins or some others we haven’t seen yet will overtake it.
In the interim, however, BTC could run to $100k+ and I wouldn’t be remotely shocked.
Posted on 2/11/21 at 7:53 pm to 13SaintTiger
Bitcoin will hit 100k this year and probably sooner than that. I thought it would eventually come down in price, but institutional investors are now recommending it. I think bitcoin will be part of most portfolios going forward as gold should be.
Posted on 2/11/21 at 8:25 pm to 13SaintTiger
quote:
I hold .25 BTC and I’m never selling.
If you never plan to sell it, then why does it matter where it is going?
Posted on 2/11/21 at 8:31 pm to 13SaintTiger
quote:
I hold .25 BTC and I’m never selling.
This is why I'm skeptical of it's value. It's supposed to be a currency, yet nobody wants to spend it.
Posted on 2/11/21 at 8:54 pm to 13SaintTiger
It really depends on if the largest retailers in the world start accepting it as a legitimate currency.
Some of them are already exploring it.
But let's say for example, Amazon were to begin accepting cryptocurrency as a payment method, I would say the potential for BTC is easily $1Millon.
Some of them are already exploring it.
But let's say for example, Amazon were to begin accepting cryptocurrency as a payment method, I would say the potential for BTC is easily $1Millon.
Posted on 2/11/21 at 9:19 pm to 13SaintTiger
quote:By summer***
Lots of buzz saying $100K by end of year
This post was edited on 2/11/21 at 9:20 pm
Posted on 2/11/21 at 9:21 pm to 13SaintTiger
I think US will tax to protect US Dollar
Posted on 2/11/21 at 10:59 pm to 13SaintTiger
some say 500k others say 1m probably still a good time to get in the game.
Posted on 2/11/21 at 11:03 pm to 13SaintTiger
it will have a $100T market cap eventually and then we can reevaluate
Posted on 2/12/21 at 1:15 am to 13SaintTiger
Bitcoin would be used as a currency if the government would treat it like a currency and not tax it like a property with capital gains. If they would do that at least for small transactions like $600 or less, the price of Bitcoin would skyrocket an order of magnitude faster than it is now.
Posted on 2/12/21 at 4:47 am to 13SaintTiger
$125k by EOY
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