I think people expect bitcoin to go up or down really strongly. Then when it goes sideways or it oscillates people get impatient and are in limbo. I think OP is in this limbo. As batang_bitcoin says... Zoom out and look at the monthly and weekly charts, they give you a good idea on what is happening. Don't focus on the minute charts  |
|
|
|
Bitcoin waits until you don't look and then it shoots off in a random direction...  *edit: typo FML |
|
|
|
Hello guys, the cryptocurrency world have witnessed an rise in fortune in the last one month or so, turning a market cap of 2 trillion USD. Now suddenly we are witnessing red candles. What's going on? Is it a massive correction or are the dreaded bears coming upon us?
It's just a correction. Nothing to worry about. With growth there are always people selling. The bear market will start after a major crash. These 30% dips are normal in the bull market. Bear market will probably start after August. But that's based on history.... |
|
|
|
Pump & dump
Elon is using Doge as an accelerator.
Buy Doge stealthy then promote it and make instant 800% over it.
Inject into Bitcoin and wait for that to go 400%.
So 1M becomes 8M becomes 64M... that’s how you make huge profits...
This scenario only happens if you buy at the dip and sell at the peak, and I think no one cant do it, if people see the price increase 100%-300%, they will sell it immediately, no one waiting until become 800%, Even Elon Musk can make doge price become 800% but it's not mean all people will gain 800% profits Buy before you hype it. Then during the hype buy some to fake your position and start the upward momentum. Then when everyone is buying GTFO... |
|
|
|
|
IMO altseason is when bitcoin transactions get near impossibile because of the load on the chain and the newbie FOMO is strong.
|
|
|
|
If the cycle continues $3000 will get you a Lambo in 8 years  |
|
|
|
OK you are a n00b here. No problem  Facts: Bitcoin has a 4 year cycle ATH is about 6months after halving Low point is a year after ATH This year there will be an ATH. Stable until probably 90-110k Unstable upward to 190k or more crazy After that it will crash down in the oncoming 300 days It will then go to $45k or so. Typically ATH/6. So your estimates for 2022-2024 are going to be way off. The next halving is in May 2024 so the next ATH (around $1M) will be around may 2025 2022-2025 are going to be pain and suffering for new investers... Sorry if I'm misunderstanding but Bitcoins halving was in May 2020 so 6 months after would have meant it would peak in November? I was factoring in that there's a lot of big companies getting involved so I don't think we'll see the same kind of bear market that we had in 2018. I'm guessing that there will be a less significant bear market followed by another peak in 2022 this time around. You may well be right though and I appreciate you giving your estimates. I guess we're all going to have different ideas about how this will play out so that's why I'm trying to get estimates from people like yourself who probably have a better idea than I do You are right that things are different but that's what was said the last two cycles. I firmly believe the cycles are driven by the fixed algorithm and how humans react to it. As everyone my guess is as good as anyone's. Just sharing my experience Yes november would be the peak. But I'm looking at July and August to be on max alert. How high it will be, nobody knows but when your grandma asks what a bitcoin is and everyone is talking about it you need an exit strategy STAT! |
|
|
|
Hi,
I was interested to know what you think Bitcoin will peak at this year and what you think the price will be at the end of each year up until 2025
Here's what I think could be a fair estimate:
2021 peak: $95,000
EOY 2021: $65,000
EOY 2022: $100,000
EOY 2023: $150,000
EOY 2024: $300,000
EOY 2025: $500,000
OK you are a n00b here. No problem Facts: Bitcoin has a 4 year cycle ATH is about 6months after halving Low point is a year after ATH This year there will be an ATH. Stable until probably 90-110k Unstable upward to 190k or more crazy After that it will crash down in the oncoming 300 days It will then go to $45k or so. Typically ATH/6. So your estimates for 2022-2024 are going to be way off. The next halving is in May 2024 so the next ATH (around $1M) will be around may 2025 2022-2025 are going to be pain and suffering for new investers... |
|
|
|
the circumference of earth is 24k miles. a space elevator woiuld need to be up probably 22k-26k miles. i guess it depends if this wrap would follow a circumference line or a smaller one. nice problem to think about. thx.
Before you noodle too hard, I very well may be misremembering. It's a fair distance anyway though. i was serious. it could wrap around the earth several times as long as it does not wrap around "straight" at a "equatorial" line. in what fashion would it wrap around? can someone elaborate? would a cable attached to a spinning sphere always wrap around an "equatorial" line? or could it also use other latitudes? edit: i think you thought i was being sarcastic with the "nice problem to think about.thx" but i wasn´t. sorry for not making that clearer. The tether is really long. It could wrap anywhere.  Exactly it would be 1/10th the way to the moon... As a reference the ISS space station is at 408km and geostat is at 35786km So a space elevator is a big ass object... |
|
|
|
Panic will cause for the crypto market To dump so better to not going to panic too because it will result for us to lost our possible profit in the future. Being calm is really helpful for the market to revive and to rise more and that we should do right now if we want to see the 100k dollars per bitcoin and the rest of the altcoins will turn into high price per coins.
The people selling now will be the ones going FOMO later on. This phase gets rid of the weak hands. This is good... |
|
|
|
Candidate for a poll: What's your average Bitcoin buy price? < $1 $1 - $10 $11 - $100 $101 - $1,000 $1,001 - $2,000 <--- I am here.$2,001 - $5,000 $5,001 - $10,000 $10,001 - $20,000 $20,001 - $50,000 > $50,000 I don't own any. I mined it all. I mindrusted it all! Started at $11 - $100 with mining on two GPU's But my average is $101 - $1000 I would guess Mostly in the HODL |
|
|
|
From the looks of it at the hourly from March 3, 8:00am ET to now, there’ve been dumps followed by small pumps making lower lows and lower highs. And I noticed the sell downs have been starting mostly around 8:00am - 10:00am New York time, 8:00am - 10:00am London time and 8:00am - 10:00am Hong Kong time...
Right now it’s around 6:00am New York time. In a couple or so hours another sell down taking BTC below 45k - 46k could take place.
I love your concept of posting mate from the part 1 and now to part 3 ? you keep on pushing people to stay intact and not let the panic breake the market movement , there are lots of troubles happening this past week and we cannot answer this by Selling and disposing our coins . That’s cos I think it’s all mostly just a shake out before another run up going to 60k again... At least that’s what I think. And from reading all the replies, it’s not only me... I mean just look at the chart. I feel like the fall is ‘too controlled’ for a real sell down if that makes any sense. Def just a shake out. IMHO. I know what you mean. Usually you feel like the rug gets pulled from under your feet... These dumps are more palatable... |
|
|
|
Sell ATH, BTFD  |
|
|
|
May I was scared because I buy Bitcoin during the hypes and once it drops, I have to lose... this is normal to human, right? We feel terrible when that it looks terrible also, the dip could be scary in the sense that someone will lose or even us. But if you are buying during the bear season, like at $10k or below, even the price will dump at $40k, there is still no need to worry, we are actually safe.
This feeling can't be deniable but of course, it should be reasonable as well.
Yes I and many have learned to try and ignore your emotions during investments or selling. If you trust your emotions you are reacting to what is happening. You should be anticipating on what will happen. But you need to grow a pair to invest when things are looking bleak. Or HODL through a bear period. And not be greedy when selling whilst you haven't gotten the optimum price. Of course I feel shitty when bitcoin goes down. Of course we all go through the ups and downs. With bitcoin you know it will go up. You just don't know if it will be weeks, months or years. This is what I tell myself to stay a strong HODL'er... |
|
|
|
So dip to 40k and off to >60k. Yup March will suck like each year.... |
|
|
|
First rule of bitcoin. When you think you know what will happen it won't happen Still the honey badger of money |
|
|
|
Just produce stuff off-planet and send it in. Launch trash towards the sun.
Ironically, it takes a lot of energy to drop stuff into the sun. Good point...
Push it out of earth's orbit and the suns gravity takes over. Most trash you can recycle on-planet.
It's the bolded part... Just make an amusement ride that goes up at 11.2km/sec and let the cart go off the rails.... As I said I can build something that can launch humans off planet without rocket thrusters so the bold part is doable within engineering limits. It's just $$$ and time...... And doing insane shit that ever engineer would love to do but scares them... |
|
|
|
Seems straightforward then. We bulldoze San Francisco and cover it in solar panels. San Fran was one of the coolest cities on the planet... Too bad your idea is actually a good one. Grab a salt plane. It will save you the time of making SF flat.... |
|
|
|
Just produce stuff off-planet and send it in. Launch trash towards the sun.
Ironically, it takes a lot of energy to drop stuff into the sun. Can't you just point it there, fire a thruster, and let it go it's course? (I mean, calculate where it should end up, but yeah, basically go towards the sun.) Good point... Push it out of earth's orbit and the suns gravity takes over. Most trash you can recycle on-planet. Also launching trash can be done without thinking about the health of individuals so just shoot it straight up at 12:00 |
|
|
|
I'm with the other guy who thinks we should be grounded in reality for now. Space elevators are fun and all, but we could still cover a lot of surface area on the planet, maybe even in the oceans, for plenty of solar panels / arrays to power the world (or a bitcoin miner.) I found this before: https://landartgenerator.org/blagi/archives/127One of the big things right now is the minerals required for high efficiency generators, solar panels and batteries for storing it all. Mining space would be a good way to handle that over some of the ethically questionable methods currently used. Just produce stuff off-planet and send it in. Launch trash towards the sun. |
|
|
|
|
Show Posts
