Bitcoin will not be able to stay above $50k for 10 consecutive days ever again

[proudhon]

Easy call.

[suchmoon]

I hope this pans out like all your other "easy calls". $50k is overrated anyway. $100k is what the cool kids are aiming for.

[proudhon]

I hope this pans out like all your other "easy calls". $50k is overrated anyway. $100k is what the cool kids are aiming for.

While I'm sure we'll see $50k here and there during this forever-bear-market we've now entered (but only for a few brief moments before we continue sharply down), $100k will simply never, ever happen. It's not mathematically possible.

[STT]

You have way too much confidence in the dollar whatever opinion you have of Bitcoin, that should be the first port of call when deciding large calls over years.   We could have plenty of time for you to read up on details why it is possible, you dont have to believe it as such but just realise all targets are feasible considering the likely path after such debt unfolds.   The dollar supply in future years is far beyond demand for it especially if it no longer continues to be used as the global reserve currency.
    Why would you look at the highest prices in debt for centuries and decide Bitcoin is where the greatest problem must be, at least modify the estimate to include a ratio to some commodity or country with a positive trade deficit etc.    If Bitcoin or any other price is not the primary cause of impossible pricing we would be wasting time arguing on your preference for which price is going to inflate first, most, last.  

[rdluffy]

I see that you're totally confident that BTC will crash to sub 10k USD again
Ok, I respect your opinion, but I'll trust you (and maybe everyone else here) if you bet all, or a huge amount of money against BTC

Do you have courage to do that? It's easy money if you are sure about BTC price

[Woodie]

Bitcoin will not be able to stay above $50k for 10 consecutive days ever again

Ever again?? Does this mean bitcoin price won't ever break it's all time high based on this statement?

BTW what are you basing your statement on, is bitcoin dying?

Is what we seeing on the markets the doing of Elon Musk with his tweets linking bitcoin mining to the increased carbon footprint ?

FYI this statement raises more questions than answers

[shahzadafzal]

Easy call.

It’s ok no need for consecutive ten days... in fact two fivers are equally fine though.

[proudhon]

Does this mean bitcoin price won't ever break it's all time high based on this statement?

That's right.

BTW what are you basing your statement on

Scientific and mathematical analysis using proven and confirmed methods.

is bitcoin dying?

100%, yes.

Is what we seeing on the markets the doing of Elon Musk with his tweets linking bitcoin mining to the increased carbon footprint?

Yes, Elon has proven to everyone why bitcoin cannot work and has failed, and institutions will not invest in it anymore.

[keystroke]

Wow, proudhon is still here. This guy is a legend.

[acener]

Nope I doubt it as we've seen before Bitcoin could drop down so much after hitting an ATH but after a couple of years it would set a new ATH and get higher and higher.
So if this is the same cycle of 2018 then I would just wait for it to repeat the 2017 and 2020 bull run and make another ATH.

Yes, Elon has proven to everyone why bitcoin cannot work and has failed, and institutions will not invest in it anymore.

Then would you follow Elon and go all in on Dogecoin because it is the crypto that he is pushing up?

[snipie]

Is what we seeing on the markets the doing of Elon Musk with his tweets linking bitcoin mining to the increased carbon footprint?

Yes, Elon has proven to everyone why bitcoin cannot work and has failed, and institutions will not invest in it anymore.

We should close Wall Street then since basically everything there could be manipulated whether by fake news or what I call shadow contracts and so on. Gamestop manipulation by both sides (people buying stock shouldn't be called manipulators tho) is the best example along with oil prices.
Back to institutions not investing in bitcoin because it is easily manipulated by people (and not by govs ), so long folks, better to have one believer than dozens of profiteers that will quit the boat with the first (and only) wave.

[samson]

Wow, proudhon is still here. This guy is a legend.

Yup he's been here saying exactly the same thing since I bought my first coins at around $12, probably way before that.

[BlackHatCoiner]

It's not mathematically possible.

Were the $100 “mathematically” possible back in 2010?

[spiderbrain]

It's a relief that we know that the top is finally in. Getting richer and richer every day is just too stressful. I'm looking forward to a warm sense of closure as bitcoin hits zero within the next few months.

For those who don't know, Prodhon is the only person to have ever been awarded the Fields Medal three different times. His maths cannot be questioned, even with Maths.

[Ararbermas]

BTW what are you basing your statement on, is bitcoin dying?

probably he's basing on the current situation of the bitcoin growth rate wherein seems in danger because of what is happening right now. , and actually it easy to say because of some rumors around the internet such " doge is better than bitcoin" ..especially because of that elon musk also  wherein very popular and keep destroying the reputation of some crypto currency.. Definitely its so easy to say that way especially if you knew that it will affect in bitcoin price soon or later..  But come on guys don't let them blind us what the real cycle of this market.. Let them whatever they want to do. who cares?

[aysg76]

Easy call.

Bitcoin prices are not based on personal judgement rather based on market forces which can turn the stones anytime.But long term and bitcoin enthusiasm are not looking for $50k as they know it will be crossed soon and next mark $70-$80k this year is being set for all the bearish waiting for it to dump. It's your easy call then wait for the actual returns after all this shitcoin hype is over and funds and investors moving to Bitcoin again.

[davis196]

I hope this pans out like all your other "easy calls". $50k is overrated anyway. $100k is what the cool kids are aiming for.

Wow,how come 50K USD is "overrated" and 100K USD is not?
Anyway,the current Bitcoin price is 45K USD,so we are pretty close to 50K and we might be heading towards a price recovery back to 50K,unless Elon Musk is not in a good mood....
Yeah,BTC is "dying".Bitcoin has been "dying" for the last 10 years.Every time the Bitcoin price goes down,a bunch of people always says "Bitcoin is coming to an end".
Let the prophets of the BTC apocalypse keep preaching...

[buwaytress]

OP can you please not make this so hard on yourself and so easy for us? It's not fun for me if you're not even giving yourself a decent chance. 50k for 10 days is nothing; patience, before pulling the trigger.

I hope this pans out like all your other "easy calls". $50k is overrated anyway. $100k is what the cool kids are aiming for.

I'm touched to learn I'm a cool kid at odd moments throughout the day.

[philipma1957]

Easy call.

Thank you I just put in 3 orders for more coin.

[micro4lpha]

Time to buy I guess