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Posted on 1/6/21 at 6:09 pm to AUCE05
Big wall at 40. Would think maybe a pullback then? Probably not below 25 tho
Posted on 1/6/21 at 6:54 pm to RATeamWannabe
quote:
A strong pullback of 30% puts us at 26k
That would be great.
Posted on 1/6/21 at 6:57 pm to CE Tiger
quote:
Come the frick on
Its not that far fetched in the next 10-15 years. 21 trillion market cap. Gold is 10 trillion now. Inflation over the next 10-15 years.
This post was edited on 1/6/21 at 6:58 pm
Posted on 1/6/21 at 7:04 pm to AUCE05
why?
kinda feels like the 2013 rally to me so maybe a blowoff top to $50-75k then maybe a retrace down after that
guess we will see
kinda feels like the 2013 rally to me so maybe a blowoff top to $50-75k then maybe a retrace down after that
guess we will see
Posted on 1/6/21 at 7:16 pm to bayoubengals88
As a more mature investor so to speak, LSU '71, I have been following this thread and went into the water about 3 years ago..you guys are on the right track...0% rates for my lifetime and maybe yours..the dollar being devalued as $$$ Trillons being pumped into the system, the current hedge of favor being cryto..here we go.
Posted on 1/6/21 at 7:17 pm to SalE
quote:
have been following this thread
Hope you bought some Chainlink
Posted on 1/6/21 at 7:26 pm to SalE
quote:
the dollar being devalued as $$$ Trillons being pumped into the system, the current hedge of favor being cryto..here we go.
and the acceleration of the continued decline of trust in institutions
Posted on 1/6/21 at 7:55 pm to rocket31
The Bitcoins i coverted to XLM! XLM is out performing what i had in Bitcoin!
Posted on 1/6/21 at 8:11 pm to tigermike2004
Does that include the tax hit you took to make that conversion?
Posted on 1/6/21 at 8:11 pm to tigermike2004
Does that include the tax hit you took to make that conversion?
Posted on 1/6/21 at 8:17 pm to CE Tiger
Holy crap look at MSTR. No matter how you feel about bitcoin, Michael Saylor is a God damn genius. He created the purest play that institutional money can make on bitcoin at this time. He wins no matter what now.
Bought 2 shares like a week ago at like 375 just to watch it
Bought 2 shares like a week ago at like 375 just to watch it
This post was edited on 1/6/21 at 8:18 pm
Posted on 1/6/21 at 8:20 pm to SalE
quote:
As a more mature investor so to speak, LSU '71
Shut up, Boomer.
Posted on 1/6/21 at 8:36 pm to CE Tiger
quote:
Come the frick on
Agreed it’s going to $10M eventually
Posted on 1/6/21 at 8:47 pm to SalE
I’m not quite as old as you, but as an almost 40-year-old investor, I took the plunge in May. I put about 5% of my investment portfolio in coins. 75% BTC/25% ETH.
I think we are already a different phase than 2017. I’m not selling now. I’m not selling if the price goes to $50,000. I won’t sell if I wake up tomorrow and we’ve had a pull back to $25,000.
If I do sell what am I going to convert that into? Dollars? Already have too many of those and the value of the USD is headed in one direction. Equities? I already have too many of those and they are probably overvalued.
Between the institutions and the long-term individual investors who are now looking at this as a store of value, I just don’t see this run stopping anytime soon.
I know a lot of serious individual investors that are finally caving and signing up for Coinbase accounts. These are people who scoffed at me just a year ago. They see what’s happening to the dollar, and there is no more reason to have faith in the dollar than to have faith in an online currency.
I think we are already a different phase than 2017. I’m not selling now. I’m not selling if the price goes to $50,000. I won’t sell if I wake up tomorrow and we’ve had a pull back to $25,000.
If I do sell what am I going to convert that into? Dollars? Already have too many of those and the value of the USD is headed in one direction. Equities? I already have too many of those and they are probably overvalued.
Between the institutions and the long-term individual investors who are now looking at this as a store of value, I just don’t see this run stopping anytime soon.
I know a lot of serious individual investors that are finally caving and signing up for Coinbase accounts. These are people who scoffed at me just a year ago. They see what’s happening to the dollar, and there is no more reason to have faith in the dollar than to have faith in an online currency.
This post was edited on 1/6/21 at 8:49 pm
Posted on 1/6/21 at 8:49 pm to mule74
Remember when the internet was a nerd arena?
Posted on 1/6/21 at 8:50 pm to jimbeam
This political shite is hard to read. The markets seem to like it and side with Biden.
Posted on 1/6/21 at 9:12 pm to CE Tiger
quote:Hell if we talking a 5 year timeline, it isn't an insane thought
Come the frick on
Posted on 1/6/21 at 9:21 pm to tigermike2004
quote:XLM has outgained BTC by ~ 10% in the past 30 days. I'm assuming you had to pay more than 10% in tax on your trade.
The Bitcoins i coverted to XLM! XLM is out performing what i had in Bitcoin!
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