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It doesn’t surprise me, Russia probably see the US beginning to make things slightly difficult for miners & investors regarding bitcoin. Russia probably thinks if the US becomes hostile to bitcoin adoption they can seize an advantage by becoming bitcoin friendly. We all know that China banned bitcoin but I’ve been reading lately that Hong Kong has started to think about State Owned exchanges so maybe as part of a NWO Russia & China are planning to become crypto friendly in an attempt to become the world super powers.
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I think bitcoin will hit $1,000,000 for sure, it’s obviously very difficult to estimate when. Just for fun though, I will join in. I think if we are still seeing 4 year cycles play out then that can give hs a starting point to make a prediction, the next halving is approx Q2 2024. The price usually moons approx one year after the block reward halving so I would estimate something like this -
Halving in 2024 ——-> 2025 cycle high of $200,000
Halving in 2028 ——-> 2029 cycle high of $500,000
Halving in 2032 ——-> 2033 cycle high of $1,000,000
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I think you are still considered a risk taker if you buy bitcoin but considerably less so than even a few years ago. The market has matured a lot since even 2017/18. There are lots of battle hardened HODLERS who don’t sell when dumb FUD breaks, even if it is government or regulatory in nature.
Bitcoin is still a risk on asset but as time goes on it may be that you are more of a risk taker to not hold a % of bitcoin in your diversified portfolio.
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Guys, I wanted to get your opinion on Cardano. I've heard a lot of good things about this cryptocurrency, I'd like to hear your opinion as well. Thanks.
It’s a good coin, has potential to really do well in the next bull run. Current price is $0.38 so it’s very cheap, there isn’t much risk in throwing a bit of fiat at it, just incase it moons hard. You don't want to miss the opportunity as it’s so cheap. What’s the worst that can happen, you’re down on a few hundred $ investment. The upside is worth the risk in my opinion. |
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The best time to buy was 10 or more years ago, the next best time to buy is now & that’s all you need to know. Bitcoin is designed to go up forever due to it’s inflationary features by design. Nobody who holds bitcoin for two 4 year halving cycles ever lost money, in fact over that time frame everybody made life changing money. Seriously, with a mid to long term mindset you have nothing to lose.
Buy BTC.
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It’s totally up to you what you do with your bitcoin. What’s important though is you don’t spend all of it, maybe try and replenish what you spend. It might be a good idea to have some in cold storage that you plan to hold long term as an investment & some that you spend & replenish when you’re able to. The important thing though is that you’re here & already invested or thinking about investing in bitcoin, that’s the first victory.
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Everybody needs a certain level of education. High School level English & Maths is enough to succeed in life in my opinion, you don’t need a college degree to be successful.
So many people go to college & study useless degrees without a plan of what career field they wish to pursue. So it’s important to be educated to a certain level, high standard education isn’t needed to be a success.
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Being a bitcoin investor isn’t about the size of your stash. It’s about conviction & motivation to continue investing, hoping to change your life for the better. The world is a real mess at the moment & has been since COVID broke out. Financial markets are in turmoil, keeping your money in banks is suicide.
Being a bitcoin investor is somebody who takes control of their future by investing in the future of money, bitcoin. Now is the time to act, no matter how small your purchases are, belief & conviction in buying bitcoin makes you a bitcoin investor.
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I think altcoin season usually comes at the end of huge bull runs. We are not there yet, in my opinion altcoin season will come after the next big bull run, end of 2025 or 2026 (if we are still following the 4 year cycles from halving to halving).
I hope you’re right & it comes sooner but I think it will be a while yet.
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Unfortunately for them there’s nothing they can do about self custody practises. Unless they want to go North Korea style & start kicking doors in to seize assets then there’s nothing they can do. Sure they can make it more difficult by closing on & off ramps but willing people will always find a way. Of course there will be lots of unfortunate boating accidents if regulators start to become too heavy.
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Only 21,000,000 bitcoin will ever exist, you can get a head start on people a lot richer than you by stacking as many says as you can right now. Sure people will have more than you but you can offset the divide in fiat wealth by buying as much bitcoin as you can whilst it’s still relatively cheap.
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Yeah, you're right. I prefer DCAing, it works great in a long term and gives some consistency. You start to care less about weekly fluctuations and start looking at the big picture.
This is the way although obviously if you have money set aside to buy bitcoin in your bank & the price crashes due to an unforeseen black swan event, i.e. COVID crash, then it’s not a bad idea to take a calculated risk & smash buy. |
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As for US bullying other countries I find it difficult for some people to say US is bullying other countries while Russia is committing horrific war crimes every day and all the world has seen,things which have led to a arrest warrant for Putin,so dollar is still going strong despite being down now for different reasons and calling it a shitcoin or hoping for a new alpha has no meaning at all.
US is possibly one of the worst countries in the world historically for committing war crimes. You can find it on the internet with a simple Google search, Afghanistan & Iraq etc. The Clinton’s & Bush should be in jail. The killing of Gaddaffi also was on very touchy grounds. The US is all about power & crushing anybody who gets in the way of their plans. As for the $ being a shitcoin, this chart/image looks like the path of a shitcoin over time to me (it has only & will only continue to get worse):  How long before the USD mirrors the Zimbabwean Dollar & this note buys you a loaf of bread & a pint of milk?  Inflation over time turns into hyperinflation with QE. All fiat currencies eventually become shitcoins. It may take time but it happens. This is why living on a Bitcoin Standard is a way to save the world. All government issued currencies will fail eventually, that’s why you’re on this forum right, to protect your net worth vs an ever depreciating fiat ruled world? |
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Nothing lasts forever, the US has bullied & pillaged other nations for their oil, gold & minerals for a very lokg tike under the dark cloak of the petrodollar. Maybe it’s time for a new alpha in town. Those in power have mismanaged the worlds reserve currency for an age.
President Xi said to Putin recently, ‘changes are coming, not seen for 100 years.’
Buckle up.
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She’s obsessed with bitcoin & being negative about it. I don’t understand her problem, she must paid my banks to try to make it as difficult as possible for bitcoin to gain increased adoption.
I hope she gets voted out of office next time. There should be an age limit on people working in these positions. Nobody over 70 should be in a job that affects the future of the whole nation. She doesn’t even know anything about bitcoin, she’s not qualified to discuss it.
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I want to ask if you also keep holding btc?
and the reason I hold btc is because I believe the price of btc in 2024 will be high and there will be no more btc prices like now.
I am holding bitcoin of course, anybody who isn’t is taking a big risk. Playing with alts is risky, if you have no bitcoin exposure it’s financial suicide. The world economy is on its ass, bitcoin is your life belt, ignore it at your peril. Everybody should be storing a % of their wealth in bitcoin long term. Staying too deep in $ & random alts is a risk I am not willing to take. |
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Good for all Doge holders but I’m convinced at this point that it only pumps hard when Elon shills it. When he stops, has it got legs to continue to increase in price in say, 10 years? I really doubt it to be honest.
Let’s see what happens but I don’t think it has much of a future. Elon enjoys the God like status he gets from the Doge community.
Saying all this it can probably still do a 10 x from here.
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Bitcoin is the safest investment around if you are willing to hold long term in my opinion. It’s designed to go up forever, it’s deflationary which is unlike pretty much everything that you can invest in. Sure if you’re looking short term you might not get the results you want bur if you can hold bitcoin for at least two cycles you will make great profits. I advise you to hold even longer though.
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It’s a bit of fun for the guys that set it up. It annoys the fiat banking cartel & it creates bitcoin awareness. It’s a win all around.
It’s a bonus if it even gets a limited amount of people to start buying bitcoin. Things like this may seem small but it could be a kick up the ass that some people need to do as the projection states, ‘study Bitcoin’
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