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Started By
Message
re: Official CryptoTalk Thread
Posted on 4/10/23 at 8:08 pm to BottomlandBrew
Posted on 4/10/23 at 8:08 pm to BottomlandBrew
quote:
BTC leads the way. Always. Similar to "don't fight the Fed," don't fight bitcoin. Alts will come later.
Man what happened to prompt the pumpage.
I’m here for it but the only news I see is a hit piece by the NYT
2
Posted on 4/10/23 at 10:08 pm to down time
Coin desk and twitter aren’t going to be pumping anything to overtake bitcoin as alpha. You misunderstood my post I think
Posted on 4/10/23 at 10:09 pm to Ross
Damn near all the pumps lately from the low 20s have been no news driven spot buying. Makes me believe either a large net worth individual, company, or country is buying (or a combo)
Posted on 4/10/23 at 10:47 pm to TigerTatorTots
The recent narrative is that people are putting their money in BTC instead of banks, but I don't know if that tracks in reality.
Posted on 4/11/23 at 7:21 am to LordSaintly
quote:
The recent narrative is that people are putting their money in BTC instead of banks
i'm just considering it a "homemade" 401k.
Posted on 4/11/23 at 9:28 am to Ross
quote:
NYT
Posted on 4/11/23 at 1:42 pm to finchmeister08
I'd guess it has a little with forcing you to keep some and the max gas fee for your transaction.
Posted on 4/11/23 at 2:28 pm to TSLG
What the BTC price target to start quoting/bumping some of the best takes of its demise 
This post was edited on 4/11/23 at 2:31 pm
Posted on 4/11/23 at 2:41 pm to TigerTatorTots
I wonder how much former SVB depositors bought BTC in the last few weeks.
Posted on 4/11/23 at 3:26 pm to Ross
Lets get some breathing room before the bumps start happening. It can too easily drop $10k in a week like its nothing as history has showed us
Posted on 4/11/23 at 9:14 pm to TigerTatorTots
I would like to see a new ATH before I start quoting all the posts I have bookmarked.
Posted on 4/12/23 at 7:47 am to BottomlandBrew
quote:
I would like to see a new ATH before I start quoting all the posts I have bookmarked.
With the halfening in one year, you won't be waiting long.
I'm happy I was able to increase my holdings sub 20k.
Posted on 4/12/23 at 7:55 am to I Love Bama
quote:
With the halfening in one year, you won't be waiting long.
isn't roughly ~Decemberish 2025 the next expected major bull run/ATH? I think I bokmarked a graph on here a while back that showed end of the year in 17/21 followed that pattern
Posted on 4/12/23 at 7:57 am to I Love Bama
We might be deep into a recession in one year.. not so sure we'll see prices skyrocket from this happening if that's the case. Not until we come out of a recession, at least.
Posted on 4/12/23 at 8:04 am to Hulkklogan
quote:
We might be deep into a recession in one year.. not so sure we'll see prices skyrocket from this happening if that's the case. Not until we come out of a recession, at least.
I don't disagree. However, the narrative of the failing USD seems to be picking up steam. I could see gold and BTC running hard over the next 12 months as more people learn about the importance of hard money.
Posted on 4/12/23 at 8:36 am to I Love Bama
Thanks for that link. I think these snippets from that article are what I had in my brain:
So it looks like in November/Decmber following the halvings (2017 and 2021 in this case) is when it achieved record ATHs. As someone who is a very tiny entrant in the sapce I need to pick and choose carefully when I buy or sell so I've got my sights set on november/decmeber of 2025 as my next big move.
quote:
The bitcoin price tends to spike even higher, in the months that follow halving.
After the halving of May 11, 2020, the cryptocurrency rallied 688.31% in the following 546 days, reaching a then record high of $67,549.14 on Nov. 8, 2021
quote:
The halving before that, which took place on Jul. 9, 2016, saw bitcoin skyrocket 2,824% to a then all-time high of $19,065.71 by mid-December 2017.
So it looks like in November/Decmber following the halvings (2017 and 2021 in this case) is when it achieved record ATHs. As someone who is a very tiny entrant in the sapce I need to pick and choose carefully when I buy or sell so I've got my sights set on november/decmeber of 2025 as my next big move.
Posted on 4/12/23 at 9:23 am to WG_Dawg
Hmm If halvening is earlier than May then maybe October is the sell month?
Posted on 4/12/23 at 9:27 am to 21JumpStreet
yall are making it too complicated. Just DCA. Trying to "pick" spots" hardly works out.
Too many random fud events from now until "then" to time it.
Too many random fud events from now until "then" to time it.
Posted on 4/12/23 at 9:27 am to 21JumpStreet
I went back to find my bookmark of the post I was thinking of and it was actually made by you
LINK
Price of btc on Dec. 1st.
2022: $17,103
2021: $57,230
2020: $18,803
2019: $7,424
2018: $4,215
2017: $10,976
2016: $757
2015: $362
2014: $379
2013: $956
2012: $13
2011: $3
2010: $0.21
2009: $0
2008: $0
LINK
Price of btc on Dec. 1st.
2022: $17,103
2021: $57,230
2020: $18,803
2019: $7,424
2018: $4,215
2017: $10,976
2016: $757
2015: $362
2014: $379
2013: $956
2012: $13
2011: $3
2010: $0.21
2009: $0
2008: $0
This post was edited on 4/12/23 at 9:28 am
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