Silly rabbit, Trix are for kids!

[sgbett]

Now guys, sgbett was on the verge of having a come-to-Jesus moment and you are prodding him back into the big blocker corner.

It's okay if he was smugly laughing to his inner-self after penning his "concession," finally thinking aloud, "Fools! They thought I am conceding but when I said 'Bitcoin' I actually meant Bitcoin Craig! Hah! Tricked em."

I know that's as good as we're gonna get as far as an apology is concerned, and we should all take it.

Of course, this was slightly embarrassing, written only 6 days ago, which is six days prior to the last ATH:

Ofc if you had a million riding on BTC right now the question would be sell or hold.

Everyone will tell you HODL of course, they are in the same boat.

Id say look at the 250k you actually have vs the paper million you would be about to lose.

Keep watching!

Y'all way too quick to try and call me out nutildah

hotpassion did you really re-buy at $46k? still think it will make $100k?

Sgbett, you still don't accept that you are the loser or fail in your prediction? There are only 5 days left and we are all watching what will you say on 19 Feb 2021.
I already bought BTCs back and I will not sell till it reaches 100k.

I think the question now is where BTC finds support. I'm seeing a little volume at $23k but I think it will have to test either $19k or $12k. The latter could be brutal! Honestly though I thinks probably going to be the former. All depends on how well y'all HODL

[Wind_FURY]

$12,000 would be one of those once in a lifetime  “gifts” to buy one of the most valuable “assets” of the cryptocurrency age. The Bitcoin market comes in cycles, and each cycle is bigger than the cycle before it. Sorry if you sold too early, and good luck HODLing your forked-forked-shitcoin-of-a-forked-shitcoin-that-will-never-be-Bitcoin.

[sgbett]

good luck HODLing your forked-forked-shitcoin-of-a-forked-shitcoin-that-will-never-be-Bitcoin.

Thanks!

Do you think it would go as low as $12k then? I would have thought ~$19k (prior ATH) would be pretty good support?

[Upgrade00]

Do you think it would go as low as $12k then? I would have thought ~$19k (prior ATH) would be pretty good support?

Personally, I do not think we will see sub $20k prices again, the previous all time high should be a pretty solid support range and any drop below that would most likely signify an end of this bull cycle. Bitcoin has proven to be unpredictable so I would not rule out any possibilities, if it does drop below $12k, it's an opportunity to accumulate more.

[davis196]

Do you think it would go as low as $12k then? I would have thought ~$19k (prior ATH) would be pretty good support?

Personally, I do not think we will see sub $20k prices again, the previous all time high should be a pretty solid support range and any drop below that would most likely signify an end of this bull cycle. Bitcoin has proven to be unpredictable so I would not rule out any possibilities, if it does drop below $12k, it's an opportunity to accumulate more.

The BTC price is still somewhere around 32K USD and there are people,who are discussing a 19K and 12K USD Bitcoin price.This seems like an exaggeration.Do you wanna scare the BTC newbies and create panic selling?
Just kidding.A post in the Speculation forum cannot create panic selling on the crypto markets.
I kinda lost hope that Bitcoin will return back to 50-60K USD.The possibility of a price drop below 30K or even 20K is real,but I don't want to think about this right now.I'm gonna HODL,because I'm too scared.
The other strategy is to act like the bears on the market-sell now and buy cheap Bitcoins later.

[rhomelmabini]

Meh I guess 12k was way too overrated maybe like 15k was possible but I'm not waiting for that to be realized. If it happen then lucky for those who can make the timing. We will rise, it may not be imminent but we will get there testing that ATH again.

[Ararbermas]

The possibility of a price drop below 30K or even 20K is real,but I don't want to think about this right now.I'm gonna HODL,because I'm too scared.
The other strategy is to act like the bears on the market-sell now and buy cheap Bitcoins later.

it's to hard to say now if it will gonna happen as it's keep holding right now at the current support level, indeed its been how many attempts to break it even the previous massive decline because of elon's and etc, seems to hard to think that this bad news will gonna break it after all.. And 20k seems unacceptable to happen.. Perhaps we need to wait for more results before making a estimated value..

[sgbett]

If this is simply a correction, then looking at 0.618 fib-retrace off the bottom at 3122 it would would put the bottom at around $26,700



If we go even further back to the prior bottom of $152 (there's a theory that each cycle comes in two waves, posted some years back but I dont have a link to hand) then  0.618 would put the bottom at around $24,800



Both of which seem way better than retesting the prior ATH!

Just kidding.A post in the Speculation forum cannot create panic selling on the crypto markets.

glad you cleared that up! - for a sec I thought I was back in 2011

[sgbett]

The possibility of a price drop below 30K or even 20K is real,but I don't want to think about this right now.I'm gonna HODL,because I'm too scared.
The other strategy is to act like the bears on the market-sell now and buy cheap Bitcoins later.

it's to hard to say now if it will gonna happen as it's keep holding right now at the current support level, indeed its been how many attempts to break it even the previous massive decline because of elon's and etc, seems to hard to think that this bad news will gonna break it after all.. And 20k seems unacceptable to happen.. Perhaps we need to wait for more results before making a estimated value..

Wait!? That doesn't sound like the speculation sub-forum

[SFR10]

I think the question now is where BTC finds support.

Last week, I thought it'll be around the $35k mark for at least a couple of weeks but I was wrong and based on recent events, I think we're going to see the support level at around $27^[ish]k.
^{- FYI: I have no doubts it'll reach the $100k mark someday but it's not going to happen in a year or two [probably in 2024 - next halving].}

[sgbett]

I think the question now is where BTC finds support.

Last week, I thought it'll be around the $35k mark for at least a couple of weeks but I was wrong and based on recent events, I think we're going to see the support level at around $27^[ish]k.
^{- FYI: I have no doubts it'll reach the $100k mark someday but it's not going to happen in a year or two [probably in 2024 - next halving].}

So far soo good on the $27ish call - bounced off around $28,5 which is close enough in my book. Seems to be trading sideways for now. I really can't make any kind of call at this point is so hard to tell.

The head and shoulders patter is still in play, which would dictate further downwards momentum, however declining volume could point towards momentum dwindling, opening the door for another up-trend. I would hate to be a trader right now

[buwaytress]

This is a healthy makeup we got in this here forum, that's for sure. I'm beginning now to use proudhon and sgbett's predictions as my worst-case scenario settings -- and actually am not too unhappy with that (with perhaps the difference being I'm only using the 2021 timeframe as I'd really like to diverge farther in '22).

And that's credit to you OP;) When did you say 19/12k again?

[Wind_FURY]

This is a healthy makeup we got in this here forum, that's for sure. I'm beginning now to use proudhon and sgbett's predictions as my worst-case scenario settings -- and actually am not too unhappy with that (with perhaps the difference being I'm only using the 2021 timeframe as I'd really like to diverge farther in '22).

And that's credit to you OP;) When did you say 19/12k again?

They’re trolling, and they probably regret selling every Bitcoin they had below 2017’s ATH, or maybe 2014? Hahaha. They WISH Bitcoin will crash down to $12,000. But that’s all it will be. A WISH. They should accept and live with the fact that they are stuck HODLing a-fork-of-a-forked-shitcoin-that-will-NEVER-be-Bitcoin.

[buwaytress]

They’re trolling, and they probably regret selling every Bitcoin they had below 2017’s ATH, or maybe 2014? Hahaha. They WISH Bitcoin will crash down to $12,000. But that’s all it will be. A WISH. They should accept and live with the fact that they are stuck HODLing a-fork-of-a-forked-shitcoin-that-will-NEVER-be-Bitcoin.

Heh yeah, I know at least one of them is, doesn't hide it too well sometimes, but yeah, credit enough to them if they were even around at 2014, but I can imagine the pain of letting go every time and then seeing those milestones left behind in the dust. I'd be sick to the stomach.

$12k even if it happens is bound to be the all-time support for this cycle, not sure any bear will be happy with that result if they don't actually have the shorts to back it up.

[nutildah]

Dear sgbett,

While preceding reputation deems me cantankerous, I do not mind bearing your revisionist platitudes. Yet I am reminded of a saying that I came up with. Yes I know it was me because I'd never heard anyone say it before me so it must have been.

"Anyone can be right given a long enough time frame."

Regardless, you shall require not only a new time frame but an entire parallel universe in order for BSV to ever come close to meeting your wildly unprincipled expectations.

And with that sir I bid you good day.

[sgbett]

Dear sgbett,

While preceding reputation deems me cantankerous, I do not mind bearing your revisionist platitudes. Yet I am reminded of a saying that I came up with. Yes I know it was me because I'd never heard anyone say it before me so it must have been.

"Anyone can be right given a long enough time frame."

Regardless, you shall require not only a new time frame but an entire parallel universe in order for BSV to ever come close to meeting your wildly unprincipled expectations.

And with that sir I bid you good day.

I prefer

[sgbett]

They’re trolling, and they probably regret selling every Bitcoin they had below 2017’s ATH, or maybe 2014? Hahaha. They WISH Bitcoin will crash down to $12,000. But that’s all it will be. A WISH. They should accept and live with the fact that they are stuck HODLing a-fork-of-a-forked-shitcoin-that-will-NEVER-be-Bitcoin.

Heh yeah, I know at least one of them is, doesn't hide it too well sometimes, but yeah, credit enough to them if they were even around at 2014, but I can imagine the pain of letting go every time and then seeing those milestones left behind in the dust. I'd be sick to the stomach.

$12k even if it happens is bound to be the all-time support for this cycle, not sure any bear will be happy with that result if they don't actually have the shorts to back it up.

There's a long thread in which I was roundly mocked despite calling the top, the first bounce, and having a 3 year long forecast play out pretty accurately until Tether showed up and pumped $60bn of fake dollars into the market. I'm relatively comfortable being wrong at times.

Let's also not forget I was mocked for suggesting a high of $560k back in 2014, after a 9 month downtrend from a previous high of $1200 and a then current price of about $500. A downtrend I had bought into several times. The record clearly shows I am literally one of *the* most Bullish Bitcoin maxis. Thats why I pay a lot of attention to, and why I know more than the average bear about Bitcoin.

As a result, one thing I'm confident I am not wrong about is Bitcoin. nutildah and the rest of the hat gang are so impatient, I can handle being "wrong" all this time because I know that eventually I will be proven Wright

[yhiaali3]

I don't think bitcoin can test either 19k$ or 12k$ at worst it will touch 23k$ although I am optimistic that it will never reach that level, in my personal opinion the lowest level that bitcoin can reach will be at the 28k$ barrier where there is very strong resistance .
Personally, I am optimistic that even if Bitcoin reaches these levels, we will see a new ATH before the end of the year, perhaps at 77k$ or even 100k$. We went through much more difficult circumstances than these. All you need is time and patience, and Hold is the best option in such cases.

[nutildah]

Dearest sgbett,

I hope this missive finds you well.

When you closed your last wonderful thread on Feb. 21st, the price of BTC was about $50k, up close to 50% that month alone. Indeed enough action to make the leatheriest of short sellers share this sentiment:

Anyway stick a mataphysical fork in it we are done

Now the price has retraced back to where it was at the beginning of February, which means you were wrong in both timing and direction. And here you are trying to sculpt this affair into some sort of proof that you were right all along... Can't really understand why you would attempt to do such a thing.

But as others have astutely observed your mere presence is historically something of a reverse indicator, and we like having you around. If anything its good exercise reminding oneself of the big picture.

As a result, one thing I'm confident I am not wrong about is Bitcoin. nutildah and the rest of the hat gang are so impatient, I can handle being "wrong" all this time because I know that eventually I will be proven Wright

On the contrary, I'm willing to remain patient long enough for you to come around to the understanding that nobody wants to use a centralized bitcoin controlled by a fraud. Even if you'll never publicly admit it.

Cordially yours,

nutildah

[buwaytress]

There's a long thread in which I was roundly mocked despite calling the top, the first bounce, and having a 3 year long forecast play out pretty accurately until Tether showed up and pumped $60bn of fake dollars into the market. I'm relatively comfortable being wrong at times.

There's a certain satisfaction for getting mocked, I know I've had my share in my field(s) and have taken it on the chin, as it is an acknowledgment of sorts that we may know what we're talking about, even if we're not on the same page. I do like the hat gang a lot, I'd throw in my lot with them if this were a 2-sided game, but I'm also highly entertained by the comments of you and others of a different cloth.

I confess I never really know the complexities and nuances of all Bitcoin maxis, but I look forward to seeing more of this play out. Also, the various versions of the Bitcoin end game many of us believe in won't be for a very long time, and my belief is we won't any of us be alive to witness any of those ends, but we'll see a lot more years out, and I still rather feel we'll most of us end up winning in various ways.

P.S. I do struggle to really understand the CW-tinged sympathies, but I'd rather blank that out and enjoy everything else you talk about. Call me apolitical or ignorant? But the bliss taking refuge behind that is real;)