Saylor: You don't have to invest all your money in #Bitcoin, just the money you want to keep.
https://t.co/bQjYkvRa1SHaha, I love this guy. |
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Don't forget what Hal Finney predicted more than ten years ago, or rather his napkin math calculation. (TLDR = $10m USD / BTC) Still, that's going to take a few more years (perhaps another decade.)
I came to $3M / BTC after a quick calculation (roughly $60 Trillion divided by 21 million) while pondering the idea of GBTC buying more BTC daily than mined daily. On the latter: if that's the case and we are truly in a new phase where there is relentless and relatively price agnostic buying on a continued basis above daily coin production, the question is simply: => at what point are HOLDlers willing to start parting with their coins? I don't know how I could gauge that or make an educated guess on where that level would be. My gut reaction would be that $50k would make a few large holdlers nervous and that $100k can be expected to be a big 'cash out' (=redistribute) moment. If anyone has a better scientific approach to this, let that person step forward. |
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New ATH! I could just hit my self in the face. While ETH was at $300 I was thinking to buy some with fiat I have on the bank. I was lazy. Now it´s at $600 and I am moving my fiat to Bitstamp lol. Still sure ETH will see 1200 and more soon. Dont worry I am heavily invested in Bitcoin.
I know the feeling, bro   |
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Poll:
A: Buy sailboat and vacation for X years @ $200k BTC
B: Hodl it all through the next crypto winter for the next post halvening run, sell zero
Never feel bad about taking some off the table where you feel comfortable. There are a few good pointers available to gauge whether we’ve gone from irrational to outright ludicrous USD price levels. Use those to refine your timing. And no, we are not even near the start of such level  |
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Been out all day, had new brake pads fitted on my car. Haven’t checked the price all day until just now, niiiiiiice!
Wonder if the ATH is getting broken today?
it looks like it would only take some minutes now. Feels like it has run out of steam a bit ... just taking a breather or done for today? That post aged well ... LOL About as well as this one. Thanks for another game, my rather bearish guess: $1795 I nominate this one as the worst timed post the last week: Bitcoin should follow this chart.  I hope the poor bugger did not initiate a trade based on this rubbish |
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Just some random bull thoughts (making it up along the way).  $30k + moonshot guaranteed  |
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The masses starting to direct their anger at their real tormentors.
So the Masters are losing control? Edit: it’s easier protesting (and more effective) by just loading up on more Bitcoin. |
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“If you wish to understand the Universe think of energy, frequency and vibration.”
- Tesla -
“If you wish to understand Bitcoin think of energy, scarcity and immutability.”
- Wekkel -
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The game because easier now: lower BTC exposure when price doubles within 3 weeks.
The hard part is the waiting.
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Poor Bossian
Permitted himself to stay poor. |
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...unless a total dollar collapse, which is unlikely ...
All fiat currencies are in the same boat and with centralised institutions firmly in place, able and determined to go where the dollar is going. And that means continued devaluation compared to hard assets. Slowly but surely for the larger part. First time that this happens globally so I consider a true immediate and isolated dollar collapse as a low risk event. It will rather be a slow demise of fiat currencies with double digit inflation should they push the string too hard. The world needs a stable numeraire and Bitcoin can provide this. Markets are smelling this in ever increasing degree. |
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20 k coming up
21k. soon to follow
Looks like 25-30k by new years.
then Jan-Feb correction to 14-16k
then the real bulls get loose in fall 2021
50k is reasonable by dec 2021.
Sounds legit. |
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Structuring is the practice of conducting financial transactions in a specific pattern calculated to avoid the creation of certain records and reports required by the Bank Secrecy Act (BSA) and/or IRC 6050I, Returns relating to cash received in trade or business, etc. (Form 8300, Report of Cash Payments Over $10,000 Received in a Trade or Business) https://www.irs.gov/irm/part4/irm_04-026-013It's also related to smurfing: explanation |
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Continued messages from the fringe that the money printing won't stop in 2021 (to the contrary). Translation: buy everything ahead of an unprecedented dollar devaluation orgy.
2021 is gonna be a beautiful Bitcoin year. Edit: some more words on the Guggenheim story. |
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I used to have bear dreams too, but unfortunately those stink bids never got filled. Plan for both scenario's (up and down). A good trader never has conviction, only a good pair of eyes. |
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Meanwhile, bears who did not buy back -> rekt |
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BTC off the lows. Nothing dramatic, but bears are low on ammo it seems. I would expect another test of $16,300 at some point but this rally has been ... well ... different Don’t be out of coins I would say. |
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We call it ' cursing in the church': Bitcoin will do some sideways a few weeks while Alts will start to pump. You heard it here first  |
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Technical TA blablablabla:
Ideally, we set a slightly lower low now while the 4hr RSI sets a higher low -> divergence which would be positive.
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