So after September 2020 we have lost the possibility to grab dem cheap $10k BTC  And as I can see bitcoin peaks one digit above the line in it's fluctuation. So $100k is possible however a crash back to $10k is also possible in the next bear market. Could you add a max fit parabola just to see where we could be headed?  |
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I'm always annoyed by people correlating stuff with no real basis.... ( it's ok becasue this is speculation forum  ) Let me correlate something stupid too......... I think bitcoin increased because of the leaked Brexit Memo and everyone in the UK will start hoarding crypto  |
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is it possible? yes it is , is it probable? no it isn't
100.000$ can be reached in a several years time , but not in 2021 , it is too early for that
for it to happen bitcoin would have to get approval from the mainstream businesses and companies and investment funds
not only that but get actively traded and even lobbied as the new gold , also legalized and regulated in many countries
and even then 10x in a couple of years time seems very unlikely to me - no mass adoption , no transaction speed increase ( LN is going slower than I'd like )
(for the perspective) These discussions have been there many times before and bitcoin don't give a f**k  . When bitcoin was <$100 then $1000 seemed impossible. - $10k was ludicrous - $19k would make you a certifiable lunatic. Yet this all happened since 2013 (6 years). The next 5 years can be just as insane. My gut says no but it has happened before..... |
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Few google searches .... Place Massena, Nice, France |
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My gut feeling:
Bakkt like many other things (ETFs, ICOs, etc.) is a mirage.... it will never happen with official backing....
If it happens without official backing, it will be allowed to run for a short while and will get killed.
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I think new money is still coming into bitcoin, it is the old money going out of bitcoin that is the problem. People think that we need a lot of money to increase the price because we need money to keep buying bitcoin but if we could have managed to make people not sell the coins they have instead of trying to convince people to buy bitcoin they don't have, then we could have sustain it easily.
All we had to do was stop the whales from manipulating and selling and stop miners to sell all their coins to make up for the costs and we would easily have 13k and even 20k+ because that wouldn't require a lot of money to make it high since there are fewer sellers in the market.
However, since we couldn't convince sellers to sell the buyers are never gonna be enough because there is a limited amount of money that can get into bitcoin where is there is no limit to saying "I am not selling".
The only way to profit with the whales and miners is to know what they are doing: https://www.amsinger.org/If you could get rich on your TA you wouldn’t be sharing it |
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Take now and 5 years ago (no ath or dip to top). This is a 1600% increase. So in 5 years 160k would be possible.
If you take the ath of 19k an 5 years back then you het something like 15000% which would make 2.85M in 2022 possible.
So 100k is not a far stretch at all... even though it feels ridiculous...
I would even say that it will certainly happen in 5 years.
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I have a two-day trip with the Jeep, hard offroad, they are 2500 meters high mountains, there are bears, we know what bears do with bulls.
If I don't return in 3 days...
Bye guys.
PM your private keys just in case |
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Four figures has been tested quite a few times and the time spent at for figures has been less each time.
I don't think we will see a lot of sub 10k anymore. Could be, but we need more evidence. Bitcoin just fell 23% in 9 days and has barely retraced those losses yet. Once we retake the $12,000s I'm with you. For now, the daily downtrend from $13,800 still hasn't been broken......all lower highs and lower lows and we haven't broken the downtrend line yet. The systems I use to time corrections all point to mid-late September as the end of the correction, so I'm still open to a dip below $9,000. Bitcoin does often like to end corrections with sideways and no lower lows though. We are going sideways imo |
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What the fuck is this I've been reading about Antifa vs Proudboys lately?
Most won't even know which group they are part of, just there for there weekend workout. Like Fight Club? Sounds fun. Rule #1 dude! |
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voted #1: sex
come on if youre human its your number one thought.
if you voted 2 congratulations, you are a bot. or close enough to consider yourself a near perfect copy of one.
After sex I don’t have sex on my mind. After bitcoin there is always more bitcoin. |
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Your name gives me the idea that you are also from the Netherlands...
While watching "Ron Goossens, Low Budget Stuntman", the name gave me a smile several times. Thans for the tip .... Tim Haars is fun  |
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Boys i’m faaaaar over the edge at the 7th course with paired wines and sh*t, going to the toilet.... But still manage to not do the F***ed Up toilet pic  Don't forget to taste the whiskeys Bro I did stopped with it for a second, Maybe in the Winter I Will retry them Also just noticed you’re recent? Legendary as well?? I've been around since Bitcoin was $90 or so. Every now and then I check my substantial holdings and read and post a bit  Just checked: Ok I've been here 4 years longer than you On the forum yes At BTC also I was only around when it was around 350-ish Your name gives me the idea that you are also from the Netherlands... |
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Why do you want it to go higher if you are not considering dumping at a higher price ;-)
But yes you want to turn the trend and I understand that. You want long term gains. Get the FOMO to drive up the price.
You can also all dump together and then buy back double at the bottom.... That is probably what is happening now.
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bitcoin rise a lot every years , and i think now it is the time for prices crash hard
bitcoin price can crash to price of mtgox When the service stops
Which service? |
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Boys i’m faaaaar over the edge at the 7th course with paired wines and sh*t, going to the toilet.... But still manage to not do the F***ed Up toilet pic Don't forget to taste the whiskeys Bro I did stopped with it for a second, Maybe in the Winter I Will retry them Also just noticed you’re recent? Legendary as well?? I've been around since Bitcoin was $90 or so. Every now and then I check my substantial holdings and read and post a bit Just checked: Ok I've been here 4 years longer than you |
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FUD and FOMO  |
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True. If one thing is near certain it is the multi year bull market. So if you are willing to wait 5 years any time is a good time to buy.  |
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Four figures has been tested quite a few times and the time spent at for figures has been less each time. I don't think we will see a lot of sub 10k anymore. I think we will soon see a jump to 15k |
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