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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 7:13 pm to 98eagle
quote:
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
None of that is relevant anymore. It's going to get more stable as acceptance increases. Throw your graphs and charts out.
Posted on 2/11/21 at 7:14 pm to 98eagle
A mix of HODL and taking profits to reinvest on a dip will be my strategy. With so much big money now in it, who knows how volatile it will remain.
Posted on 2/11/21 at 7:15 pm to 13SaintTiger
Nowhere. Crypto is a joke.
Posted on 2/11/21 at 7:16 pm to wizard1183
quote:
Definitely going to 100K. Timeframe? Idk? However I'm not tying up $40K+ in it on the hopes of it going there.
For certain, just depends how much you have to put away. BTC will go to 100k but putting dates on it or timeframes is a stressful strategy. If you’ve paid attention you know it’s just a matter of time.
Posted on 2/11/21 at 7:20 pm to Who_Dat_Tiger
(no message)
This post was edited on 2/11/21 at 7:21 pm
Posted on 2/11/21 at 7:23 pm to James11111
I do suspect the next halving in 2024 will only cause the supply shortage to significantly increase more and continue Bitcoins rocketship path past the moon. At some point people will talk alot more about buying Satoshis and less about buying Bitcoin.
Posted on 2/11/21 at 7:23 pm to Who_Dat_Tiger
Hmmm seems that the DOJ is not only going after XPR but there may be a little problem with Tether/US $ being not so as it seems. And if that is true, the whole thing may crash in a flash.
All may be close to gone when CBDC rolls out within the next couple of years.
All may be close to gone when CBDC rolls out within the next couple of years.
Posted on 2/11/21 at 7:26 pm to PUB
quote:Completely different than BTC
CBDC
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 7:31 pm to Fox McCloud
quote:
Crypto is a joke.
I wouldn’t go that far. Just thought it would be much more widely accepted and accessible in 2021. I mean, what’s the holdup?
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 7:34 pm to Paul Allen
quote:
I wouldn’t go that far. Just thought it would be much more widely accepted and accessible in 2021. I mean, what’s the holdup?
A 10 square mile area carved out of Virginia and Maryland and similar venues in other countries
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 7:44 pm to slackster
quote:
There are coins that do the things Bitcoin is supposed to do better, imo
But most of those coins aren't decentralized and have a much larger circulating supply.
ETA: Plus Bitcoin has a big head start as far as being widely accepted.
This post was edited on 2/11/21 at 7:57 pm
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