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re: Bitcoin 100k watch party.

Posted on 11/21/24 at 1:42 pm to
Posted by HottyToddy7
Member since Sep 2010
15248 posts
Posted on 11/21/24 at 1:42 pm to
quote:


When it falls, it's going to get ugly.


There is some liquidity about 83k. It will pull back to this range. People will be screaming like the end of the cycle. Then it will slowly move back up to 200k over the next few months.
Posted by OU Guy
Member since Feb 2022
24725 posts
Posted on 11/21/24 at 1:43 pm to
Remember that NFL player who took his pay in Bitcoin. It was really low right after. He needs to sell sell sell
Posted by SuperCajunFly
Member since Feb 2021
9 posts
Posted on 12/4/24 at 9:00 pm to


See ya'll in the $1M Watch Thread pretty soon!

This post was edited on 12/4/24 at 9:08 pm
Posted by SlidellCajun
Slidell la
Member since May 2019
16025 posts
Posted on 12/4/24 at 9:37 pm to
As long as it keeps going up, there’ll be buyers
Posted by blue_morrison
Member since Jan 2013
5915 posts
Posted on 12/4/24 at 11:16 pm to
Such is the circle of life
Posted by Jack Carter
Member since Sep 2018
12200 posts
Posted on 12/4/24 at 11:19 pm to
quote:

When it falls, it's going to get ugly.


That's when you buy more. It got ugly at 15k 2 years ago. Did you buy then?
Posted by SaturatedPhat
Member since Jul 2024
1180 posts
Posted on 12/4/24 at 11:33 pm to
quote:

How does anyone know if it’s truly worth what it trades for?


Because every trade has a buyer and a seller. Due to the fact that a buyer exists and is willing to purchase at a particular price, it is worth that amount at that point in time. It isn’t that difficult.
Posted by SlidellCajun
Slidell la
Member since May 2019
16025 posts
Posted on 12/5/24 at 12:35 pm to
quote:

Because every trade has a buyer and a seller. Due to the fact that a buyer exists and is willing to purchase at a particular price, it is worth that amount at that point in time. It isn’t that difficult.


lol

It’s incredibly simple….
And therein lies the potential problem and in many cases- the opportunity….
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