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13SaintTiger
Harvard Fan
Isle of Capri
Member since Sep 2011
17951 posts

It’s time to revisit Bitcoin potential. Where do you think it’s going?
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.


momentoftruth87
LSU Fan
Member since Oct 2013
41173 posts

re: It’s time to revisit Bitcoin potential. Where do you think it’s going?
Who is in charge of it?


wizard1183
Lafayette
Member since Jan 2021
348 posts

re: It’s time to revisit Bitcoin potential. Where do you think it’s going?
Definitely going to 100K. Timeframe? Idk? However I'm not tying up $40K+ in it on the hopes of it going there.


thatguy777
LSU Fan
br
Member since Feb 2007
2150 posts
 Online 

re: It’s time to revisit Bitcoin potential. Where do you think it’s going?
It will go much much higher than the value of it today. All you need to know


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34
jimbeam
US Army Fan
University of LSU
Member since Oct 2011
70830 posts
 Online 

re: It’s time to revisit Bitcoin potential. Where do you think it’s going?
quote:

I hold .25 BTC
baller


98eagle
Auburn Fan
Member since Sep 2020
912 posts

re: It’s time to revisit Bitcoin potential. Where do you think it’s going?
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.


James11111
Walnut Creek
Member since Jul 2020
1161 posts
 Online 

re: It’s time to revisit Bitcoin potential. Where do you think it’s going?
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.


jimbeam
US Army Fan
University of LSU
Member since Oct 2011
70830 posts
 Online 

re: It’s time to revisit Bitcoin potential. Where do you think it’s going?
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.


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01
Fox McCloud
Member since Oct 2020
2583 posts
 Online 

re: It’s time to revisit Bitcoin potential. Where do you think it’s going?
Nowhere. Crypto is a joke.


Who_Dat_Tiger
LSU Fan
Member since Nov 2015
8706 posts

re: It’s time to revisit Bitcoin potential. Where do you think it’s going?
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.


finchmeister08
Florida Fan
Member since Mar 2011
25119 posts

re: It’s time to revisit Bitcoin potential. Where do you think it’s going?
(no message)
This post was edited on 2/11 at 7:21 pm


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00
98eagle
Auburn Fan
Member since Sep 2020
912 posts

re: It’s time to revisit Bitcoin potential. Where do you think it’s going?
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.


PUB
LSU Fan
New Orleans
Member since Sep 2017
8631 posts

re: It’s time to revisit Bitcoin potential. Where do you think it’s going?
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.


jimbeam
US Army Fan
University of LSU
Member since Oct 2011
70830 posts
 Online 

re: It’s time to revisit Bitcoin potential. Where do you think it’s going?
quote:

CBDC
Completely different than BTC


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21
udtiger
LSU Fan
Louisiana
Member since Nov 2006
75052 posts

re: It’s time to revisit Bitcoin potential. Where do you think it’s going?
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.


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50
Paul Allen
Notre Dame Fan
Montauk, NY
Member since Nov 2007
67221 posts
 Online 

re: It’s time to revisit Bitcoin potential. Where do you think it’s going?
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?


DallasTiger11
UCLA Fan
Los Angeles
Member since Mar 2004
9942 posts
 Online 

re: It’s time to revisit Bitcoin potential. Where do you think it’s going?
$100K by 2022
$1M by 2030


udtiger
LSU Fan
Louisiana
Member since Nov 2006
75052 posts

re: It’s time to revisit Bitcoin potential. Where do you think it’s going?
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


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80
slackster
Stanford Fan
Houston
Member since Mar 2009
72482 posts

re: It’s time to revisit Bitcoin potential. Where do you think it’s going?
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.


James11111
Walnut Creek
Member since Jul 2020
1161 posts
 Online 

re: It’s time to revisit Bitcoin potential. Where do you think it’s going?
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 at 7:57 pm


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