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Author Topic: Bitcoin, I salute your final ATH.  (Read 3350 times)
Reatim
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March 03, 2021, 12:43:36 PM
 #41

My original calculations were a little off and I did not expect fake news to push bitcoin's last bull run as high as ~$58k. The power of fake news is powerful. So there it is, the highest price bitcoin will ever see -- $58k. The next decade will be the story of the unwinding of bitcoin and all the chaos that will unfold as that process plays out. Congrats to anyone who sold at $58k, and good luck to the rest. I hope everyone is able to find an exit soon enough not to lose everything. Cheers, everyone. It's been a fun experiment, but this is the official, confirmed end.



Oh sure you are correct , Bitcoin is now climbing back again and has a almost 5k increase in the last 24 hours
Quote
24h Low / 24h High   
$47,228.85 /
$51,752.90
If this continue happens in the next  2 days ? then who can say that the Last highest we can see for decades is that 58,000?
and also what will happen if Bitcoin Reached the highest 100,000$ ATH this year alone?
will you End your case and accept that this post is a Fud?









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March 03, 2021, 12:49:20 PM
 #42

Proudhon’s math and science needs an upgrade to maths x 2 and science x 2  Grin

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March 03, 2021, 01:00:52 PM
 #43

My sauces confirm bitcoin is going negative within days. Good luck everyone, it's been a great ride.



There’s a portion of Bitcoin’s chart that can be made to fit in there somewhere. Bitcoin’s daily chart from November 2017 to November 2019! Haha! That shall now be known as, the Llama Movement. Let’s salute everyone who HODLed, and bought the dips during those difficult, and stressful times.
LOOOOOOL. That is basically me lol, I am glad that it increased in 2020 because I have been around since the LLAMA MOVEMENT lol, yes that is right I hodled during that period.

I would bet that there would be some during this period as well, the price reached to nearly 60k levels and that was really special but the reality is that it dropped as low as 42 or 43k as well during this period, so that could be considered a bit of Llama movement as well but that was a correction that the price kept going low so I do not think that it fits perfectly, it is still not that difficult to make similarities since it was at a peak and then dropped but it didn't say there, if the price stayed there a bit more it could have been true, in 2017 to 2019 period we reached to 20k but then we went low and until April 2019 we have managed to stay low and we kept low for a very very long time.

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March 03, 2021, 03:52:06 PM
 #44

So happy to see guys like you continue to eke out your existence, trying to make points, adjusting your goal posts over and over again, and then saying you were "a little off" in your predictions.

You may one day eventually prove to be right, but then so would the guy predicting his death every day. He'll get it right some day, but might look back wistfully on a wasted existence of trying to be right.

All the same, if your boat's rocking, who are we to say? Enjoy!
I am quite happy that they exist you know? Because, the more there are these kinds of people who think bitcoin will fall and be nothing or bitcoin is a scam or whatever, the less people get into bitcoin and the less people get in it, the lower price is (or slower it goes up) and that allows me to buy more and more until one day everyone is in and price is god knows what. I mean how could I profit from bitcoin price becoming 400k today?

I do not have that much money and it would be good but it wouldn't be the perfect situation so at the end of the day I want people to hold on from buying right now and wait until I can buy more and more, if I can buy more and more that means I could make a profit later when they get in. So, this is why I like these kinds of people, they are making wrong decisions and that is why it is awesome for all of us that they exist.

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March 04, 2021, 06:37:20 AM
 #45

I am quite happy that they exist you know? Because, the more there are these kinds of people who think bitcoin will fall and be nothing or bitcoin is a scam or whatever, the less people get into bitcoin and the less people get in it, the lower price is (or slower it goes up) and that allows me to buy more and more until one day everyone is in and price is god knows what. I mean how could I profit from bitcoin price becoming 400k today?

I do not have that much money and it would be good but it wouldn't be the perfect situation so at the end of the day I want people to hold on from buying right now and wait until I can buy more and more, if I can buy more and more that means I could make a profit later when they get in. So, this is why I like these kinds of people, they are making wrong decisions and that is why it is awesome for all of us that they exist.

You and me both. I love it when it's all doom and gloom, I just can't have enough of it when I see bad headlines dominate the news. It's a bit too happy and joy joy for my liking now on this forum (haha) but I'm pretty sure we're not yet over the top in sentiment as my Google feed (yes, it has learnt by now what to show me) is generally still pouring scorn over crypto.

Not only is that good for the price action as you say, but I personally think it helps keep away those who'd otherwise jump in with bags of cash they can't afford to lose.

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March 04, 2021, 07:15:07 AM
 #46

I will salute you all as I ride a Llama all the way down!


Thank you, the Llama ride going all the way down to $60,000 after Bitcoin’s new 6-figure ATH will perhaps be truly hard to accept, and full of stress and anxiety as well. HODLers will need your support, and encouragement. I salute you for saluting.


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March 04, 2021, 06:31:15 PM
 #47

I will salute you all as I ride a Llama all the way down!


Thank you, the Llama ride going all the way down to $60,000 after Bitcoin’s new 6-figure ATH will perhaps be truly hard to accept, and full of stress and anxiety as well. HODLers will need your support, and encouragement. I salute you for saluting.



Just look at the data and do a little math. The downtrend has resumed in earnest.

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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March 04, 2021, 06:37:59 PM
 #48

thank you OP for your strong bullish signal. if history is repeating itself, which i am convinced it is, that means we are going to see $1 million soon because according to your post history each time bitcoin is starting to launch the rocket to the moon you come around here and start talking about how price is going to reverse and dump down hard and in short the doomsday Cheesy

and here is a LOL for everyone from that history:
1 bitcoin will absolutely never be worth $50k.
Quote from: proudhon link=topic=1524138.msg15559879#msg15559879
The price of bitcoin is unlikely to ever reach $1,000 again.
"The Death of Bitcoin as Confirmed by Data"
with confirmed facts that bitcoin is nearing the end of its life.

There is a FOMO brewing...
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March 04, 2021, 08:55:52 PM
 #49

thank you OP for your strong bullish signal. if history is repeating itself, which i am convinced it is, that means we are going to see $1 million soon because according to your post history each time bitcoin is starting to launch the rocket to the moon you come around here and start talking about how price is going to reverse and dump down hard and in short the doomsday Cheesy

and here is a LOL for everyone from that history:
1 bitcoin will absolutely never be worth $50k.
Quote from: proudhon link=topic=1524138.msg15559879#msg15559879
The price of bitcoin is unlikely to ever reach $1,000 again.
"The Death of Bitcoin as Confirmed by Data"
with confirmed facts that bitcoin is nearing the end of its life.

ill gladly follow op maybe he will say that btc goes to $1M, then btc goes to $0

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March 04, 2021, 11:06:11 PM
 #50

talking about the all time high, of course Bitcoin can still reach it again, the current situation is very scary,
because the very volatile Bitcoin price makes investors confused about when to buy and sell, sentiment is still bullish, but dumps can also happen quickly, stop losses must be currently in use.
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March 04, 2021, 11:14:10 PM
 #51

thank you OP for your strong bullish signal. if history is repeating itself, which i am convinced it is, that means we are going to see $1 million soon because according to your post history each time bitcoin is starting to launch the rocket to the moon you come around here and start talking about how price is going to reverse and dump down hard and in short the doomsday Cheesy

and here is a LOL for everyone from that history:
1 bitcoin will absolutely never be worth $50k.
Quote from: proudhon link=topic=1524138.msg15559879#msg15559879
The price of bitcoin is unlikely to ever reach $1,000 again.
"The Death of Bitcoin as Confirmed by Data"
with confirmed facts that bitcoin is nearing the end of its life.

nice one! on the other hand, we already surpassed the 50k level. i dont know the motive of the OP why he is pessimistic with the fate of BTC considering that he is legendary in the forum. is he only trolling or is it his real desire towards BTC?
most of the forum users are wishing for the best. anyway, BTC's fate doesnt end in 58k, as many entities are already into crypto market, i believe we will go farther than that.

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March 04, 2021, 11:28:46 PM
 #52

Whoo, I impress Bitcoin since I join in crypto, and it was not deniable that everything could be possible in Bitcoin. Rich people had come, known and big companies are also coming, pushing the price high. Some say $1000 is not achievable, it just likes to say $50k is too far when we are at $5k.

Every person had their own predictions over a price.It may be high or low,it only  based on the market flow,demand.The price crossed the new time high of 50k$ and make a new people to get into the bitcoin.It's a solid project and it holding will give you a more profit.
We've been solid since before, people did not notice that because of their negative thoughts, they are ignoring Bitcoin but now, they got crazy looking at the price surging high, making another ATH.

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BChydro
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March 04, 2021, 11:49:55 PM
 #53

If this continue happens in the next  2 days ? then who can say that the Last highest we can see for decades is that 58,000?
and also what will happen if Bitcoin Reached the highest 100,000$ ATH this year alone?
will you End your case and accept that this post is a Fud?
You will find many FUD posts and if you look at the old posts here it is filled with FUD and shilling their speculation on how the market will go down and so on, the market touched the all time high valuation around $57k and we might see a correction here and there but we are in this rally for a few more months before we see a major correction. Enjoy the profit and wait for the market to roll again.
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March 04, 2021, 11:55:02 PM
 #54

Whoo, I impress Bitcoin since I join in crypto, and it was not deniable that everything could be possible in Bitcoin. Rich people had come, known and big companies are also coming, pushing the price high. Some say $1000 is not achievable, it just likes to say $50k is too far when we are at $5k.

Every person had their own predictions over a price.It may be high or low,it only  based on the market flow,demand.The price crossed the new time high of 50k$ and make a new people to get into the bitcoin.It's a solid project and it holding will give you a more profit.
We've been solid since before, people did not notice that because of their negative thoughts, they are ignoring Bitcoin but now, they got crazy looking at the price surging high, making another ATH.
Including me, I was devastated when I'm going to think about the past looking back those btc's spent for years. However, isn't just the end because when price going down another good time to buy back would potentially help us gain another profit. But somehow, I still expect seeing another bearish market which could give chance for other frustrated investors so everyone could earn gracefully in times of another pumps.


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Wind_FURY
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March 05, 2021, 05:53:04 AM
 #55

I will salute you all as I ride a Llama all the way down!


Thank you, the Llama ride going all the way down to $60,000 after Bitcoin’s new 6-figure ATH will perhaps be truly hard to accept, and full of stress and anxiety as well. HODLers will need your support, and encouragement. I salute you for saluting.



Just look at the data and do a little math. The downtrend has resumed in earnest.


Then you should zoom out, and do a little statistical math yourself, and see in what trajectory Bitcoin has been on since 2010/2011. Plus consider that M2 Money Supply is in its ATH, and Velocity of Money is in its ATL because of the pandemic. Do you believe the people will continue to HODL their cash savings when the economy opens up again? Cool

https://fred.stlouisfed.org/series/M2SL
https://fred.stlouisfed.org/series/M2SL#0

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Kittygalore
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March 05, 2021, 06:24:14 AM
 #56

talking about the all time high, of course Bitcoin can still reach it again, the current situation is very scary,
because the very volatile Bitcoin price makes investors confused about when to buy and sell, sentiment is still bullish, but dumps can also happen quickly, stop losses must be currently in use.
Don't worry, the OP here is a known FUDster and bitcoin will definitely reach another ATH, maybe within this year or who knows when but we will reach another, we just have to have a faith that it will reach there because if you give up midway, OP will win and then OP can finally buy more bitcoin at a lower prices. Dumps happen but that doesn't mean that it will be the end for bitcoin, 2017-2018 drop happened remember? And right now here we are.
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March 05, 2021, 09:43:41 PM
 #57

Don't be underistimate, we still strong. Don't just deemed that bitcoin price fall in several days and give an assumption that the bull run is over.

There will be many reason for bitcoin up more than $58.000 and will make many investor who has sold it will be regretted and want to buy bitcoin again.

The correction is always comes and this pointed out an healthy movement. I just afraid if bitcoin price always up without any correction because it can crash sharply.
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March 10, 2021, 03:05:14 PM
 #58

Another random, fleeting, short term deviation from the down trend underway. Statistical math and science proves now is an even more perfect time to super short. I've confirmed it.

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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March 10, 2021, 08:14:52 PM
 #59

Another random, fleeting, short term deviation from the down trend underway. Statistical math and science proves now is an even more perfect time to super short. I've confirmed it.

I need to buy more BTC???

But sir I have already spend all fiat money to buy the last dip.

Is a bank loan a viable solution now for me?

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March 10, 2021, 09:31:29 PM
Last edit: June 12, 2023, 01:34:08 AM by STT
 #60

Dont use leverage with BTC, its bad voodoo that only helps sell offs and detractors.   We're in the region of the previous high looks like and market is going over prior pricing.   We just stepped off the 12hr average which is often a good market for bigger up days, so we may revise the price action gained previously so that speculators close positions and market runs through supply to determine a direction from here.



Its above a daily trend at 55k, if it confirms that as a low it will remain bullish in this area.

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