Finally, new ATH, at least on Bitstamp (but, as I understand, not on all major exchanges) Great! I am glad that I was wrong when I thought there will be no new ATH until the next (2024) halving.
I am glad that you were wrong too... Was not too difficult to be wrong - by four years, at that. You need some bitcoin edumacation to bring you up to speed about the power of king daddy. You seem not to know it.. maybe even not knowing nuttin.
I think I know something, at least
I have been watching it from time to time since 2011 (in autumn of 2011 I thought it was dead and 2013-2016 cryptowinter was too boring).
Yes... perhaps you do not NOT know nuttin.
But still... something seems to be off by your perspective, including if you thought that there were boring periods in BTC's life.
I don't really know about 2011 through personal experience, but I was watching the bitcoin space since late 2013, and surely, I found it quite interesting, even between late 2013 and 2016.. I mean if you really think about bitcoin, it is a paradigm shifting invention.. that is quite amazing every 10 minutes that it pumps out another block, and ongoingly there have been new businesses coming and going in bitcoin and some of them successfully evolving, too.. so I am having some difficulties relating to your finding bitcoin to be boring perspective.
Still below $20k though.
Here's part of your problema.. focusing on irrelevancies.
I am still not sure that $20k is irrelevant.
Part of my point is not just $20k by itself, but how the BTC price got to nearly $20k from around $10k in early September.
BTC prices pretty much doubled and broke through at least three resistance points in the $12,500 arena, $13,880 and $17,250, and you seem to want to focus upon the fact that it did not quite make it above some kind of symbolic (or maybe self-selected point) of $20k, when it just got into the region in the past week or so? You are either disingenuous or a troll to be focusing on such nonsense and trying to make some kind of supposedly meaningful bearish point out of it.
There are big sell walls at $20k and so far they have been impenetrable.
So what?
They did not look very BIG to me.
Right now as I am typing this post, the BTC price is at about $19,370 and there are 811BTC on the order books until $20k. Seems like a BIG so fucking what, to me.. and sure, maybe we will not penetrate above $20k in the coming days or even in the coming months, and still it remains a big so what. The fact of the matter is that we are here, and in early September we were at $10k-ish.. so that IS the BIG SO WHAT... not your opportunistic and self-serving naysaying about not breaking above $20k, yet .. blah blah blah.
The resistance is very strong.
Perhaps. I could give few shits.
I do suspect that we will break above $20k before we break below $10k.. so there is that angle to consider, too.
I think there is still a possibility, although a slight one, that $20k will not be broken for a long time.
Yes.. even you are admitting that the possibility is slight.
And, we should acknowledge that anything is possible, but I don't arrange my financial life around the slight possibilities.. I arrange my life around more likely possibilities..
Hopefully, you are doing the same.. though you seem to be having trouble recognizing where we are at, exactly... in regards to bitcoinlandia.. and appreciating where we are at.. and perhaps your lack of appreciation has to do with your failure/refusal to either stack enough coins or selling too many coins too soon.
Yes, we had a new ATH, but it is less that 2% higher than the old one from 2017.
That was ONLY 4 days ago.. so I don't know what you are harping on.
Maybe you need to zoom ur lil selfie out a bit? Four days is hardly shit, even in bitcoinlandia.
While people here talk about $100k and above, I am not sure that we will see even $50k until 2024.
Good for you. Hopefully you are not too poor.. or maybe you don't mind being poor.
Of course, in case of widespread institutional adoption it may be different.
Bitcoin does not need widespread institutional adoption to go above $50k.. but widespread institutional adoption may well bring BTC prices above $1million by the end of 2025-ish... 2024 is 4 years from now.. you should be looking at the end of 2021 and the end of 2025.. don't you know nuttin?
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