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re: Official CryptoTalk Thread

Posted on 12/31/20 at 2:36 pm to
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82102 posts
Posted on 12/31/20 at 2:36 pm to
quote:

Pendulum


Just realized you are the same one who had this opinion on Bitcoin back in April:
LINK

Very impressed how far you have come after reading that post I replied to. What was key in changing your mind, just curious
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 12/31/20 at 2:38 pm to
quote:

Will touch 30k and Plummet
And then what
This post was edited on 12/31/20 at 2:38 pm
Posted by Fox McCloud
Member since Oct 2020
3525 posts
Posted on 12/31/20 at 2:41 pm to
Probably 10-15k range. All I know is that it’s not even close to being adopted by the general masses. Crypto is still controlled by whales and can pull profits at any given moment.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82102 posts
Posted on 12/31/20 at 2:47 pm to
quote:

Probably 10-15k range.
You realize we were at $15k last month? So we'd be crashing to levels not seen since November. Got it
Posted by Fox McCloud
Member since Oct 2020
3525 posts
Posted on 12/31/20 at 2:49 pm to
Ok buy it at 29k. I bet you won’t
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82102 posts
Posted on 12/31/20 at 2:51 pm to
I do a weekly reoccurring buy that has been set for a very long time and I have no intention on stopping that.
Posted by el Gaucho
He/They
Member since Dec 2010
58591 posts
Posted on 12/31/20 at 2:56 pm to
Should I buy now

Guessing I cost myself like 6k by asking this a week ago and not doing anything
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82102 posts
Posted on 12/31/20 at 3:00 pm to
Don't time it

It could pull back 20% tomorrow, or it would run up to $40k next month and pull back to $30K. It would be a huge pullback but you'd still be worse off.

Or it could crash to $15k like Fox thinks. No one knows - when its a bull market like this, don't screw yourself by waiting.
Posted by boomtown143
Member since May 2019
9407 posts
Posted on 12/31/20 at 3:00 pm to
quote:

Probably 10-15k range.


Nah, we'll have a little drop for consolidation at some point. Bull run ain't over.
Posted by Fox McCloud
Member since Oct 2020
3525 posts
Posted on 12/31/20 at 3:02 pm to
I can definitely be wrong on the target. It will crash at some point though.
Posted by boomtown143
Member since May 2019
9407 posts
Posted on 12/31/20 at 3:20 pm to
quote:

I can definitely be wrong on the target. It will crash at some point though.


well, you can say that about everything.


I don't think it will go down to the levels of the last crash.

More people are in it now and know about it


I think there will be some type of small drop and consolidation in the next few months...then it will go back on it's bull run.
This post was edited on 12/31/20 at 3:22 pm
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82102 posts
Posted on 12/31/20 at 3:21 pm to
quote:

I can definitely be wrong on the target. It will crash at some point though.

Likely late 2021/Early 2022 for the "crash" that you speak of.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 12/31/20 at 3:24 pm to
Yeah it’s gonna “crash” all the way back to 20k in 2022
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82102 posts
Posted on 12/31/20 at 3:27 pm to
quote:

Yeah it’s gonna “crash” all the way back to 20k in 2022

Definitely not to $20k. I could see a 50% crash though...but that will be to a price that is higher than it is today
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 12/31/20 at 3:29 pm to
You get my point
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82102 posts
Posted on 12/31/20 at 3:40 pm to
We are on the same wavelength

Posted by James11111
Walnut Creek, Ca
Member since Jul 2020
5533 posts
Posted on 12/31/20 at 3:55 pm to
quote:

I can definitely be wrong on the target. It will crash at some point though.


I don't think crash is the right word. Yes there may be big dips when "whales" divest themselves of coins from time to time, but as long as the demand and need is there, this only makes the currency stronger, as it spreads more of it among the masses.

Plus I believe most of the firms that hold large amounts benefit more if the masses are not only holding bitcoin, but spending bitcoin. So they dont necceessarily benifit long term from selling and tanking the price just to buy back again. They want it to become common place among the masses.

Just an opinion. Im not that knowledgeable.
This post was edited on 12/31/20 at 3:56 pm
Posted by el Gaucho
He/They
Member since Dec 2010
58591 posts
Posted on 12/31/20 at 3:57 pm to
I guess I’ll throw like 20k at it
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 12/31/20 at 3:57 pm to
That’s never a good idea during an all time
High
Posted by el Gaucho
He/They
Member since Dec 2010
58591 posts
Posted on 12/31/20 at 4:01 pm to
Biden’s gonna put me in the fema camp in a few months anyway
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