Bitcoin will not be able to stay above $40K for 10 consecutive days ever again!

[philipma1957]

Note in response to proudhon's

threads for 35k and 30k

I entered a preemptive strike.  I did a thread for 40k


to quote him

"This is too easy"





Note this is an homage to his persistent attacks on BTC price.



My real belief is mine on! Which is what I do.

[1714594788]

1714594788

[1714594788]

1714594788

[o_e_l_e_o]

His last thread has to be some kind of record. "Will not stay above $30k for 10 consecutive days ever again." It then immediately goes above $30k, and 10 days later it is still there. His prediction literally couldn't have been proved wrong any faster than it was. At least when most people make super bearish price predictions it takes a few months to rally and prove them wrong, and not literally as soon as physically possible.

Maybe we can add him to the list of bitcoin obituaries. As an aside, I really like the new timeline layout they have on their site: https://99bitcoins.com/bitcoin-obituaries/

I'll check back in for the thread at $50k.

[OROBTC]

...

Wrong.  Sorry guys. 

Bitcoin will not be able to stay above $45K for 10 consecutive days ever again.

Better sell.  Science and maths.  You know the drill.

[philipma1957]

...

Wrong.  Sorry guys. 

Bitcoin will not be able to stay above $45K for 10 consecutive days ever again.

Better sell.  Science and maths.  You know the drill.

No you have to wait for the 35k to drop.

then you can do the 45k thread.

my 40k thread has replaced the 30k thread since it is dead.

August 4 knocks off the 35k thread.

you can jump in with your 45k thread then.

We must be orderly about this.

[OROBTC]

...

Wrong.  Sorry guys. 

Bitcoin will not be able to stay above $45K for 10 consecutive days ever again.

Better sell.  Science and maths.  You know the drill.

No you have to wait for the 35k to drop.

then you can do the 45k thread.

my 40k thread has replaced the 30k thread since it is dead.

August 4 knocks off the 35k thread.

you can jump in with your 45k thread then.

We must be orderly about this.

Incorrect.  Orderly has NOTHING to do with Science or Maths. 

In fact, it might be better to change the thread to $50k. 

Sorry, just stating Facts.

[Ryker1]

Well, you are both wrong.
Bitcoin price is unpredictable and it depends on the trend that will come, --sounds like if there is another institution that announced an adoption.
However, my real belief is bitcoin price road to $50k with in this month, that is my opinion and there is nothing you can do. Let us hope there is another good news will come so that the price will not have a correction by this time.

[philipma1957]

Well, you are both wrong.
Bitcoin price is unpredictable and it depends on the trend that will come, --sounds like if there is another institution that announced an adoption.
However, my real belief is bitcoin price road to $50k with in this month, that is my opinion and there is nothing you can do. Let us hope there is another good news will come so that the price will not have a correction by this time.

yeah we could say 45k and 50k or even go all out and say 66k.

But for now 40k works.

Remember this is about proudhon and his btc posting.

Not about my posting or beliefs at all.

Aug 4 will knock out his 35k thread 🧵.  ( I hope ).

My 40k thread will be wrong on my 35th wedding anniversary aug 9th. [I hope]!

[suchmoon]

Poor Bitcoin. Like an indolent teenager with clueless parents trying all sorts of tricks, including reverse psychology.

[LFC_Bitcoin]

Let’s cut to the chase, BTC is never & I mean absolutely never, under any circumstances going to $100,000+ in 2021

[cryptomaniac_xxx]

Unfortunately, I have him on my ignore list when I started to saw his "Bitcoin will not be able to stay X amount blah blah blah" thread.   (and that's why we have this ignore button)

But I will keep in touch with this one though, and respect to bitcoin for being so resilient with this kind of attacks.

[crzy]

Is there any indication that the price of Bitcoin can hit $50k this Month if August?
The price of bitcoin is better now but I don’t know what analysis you use to predict this price, that’s pretty good and a lucky prediction. Bitcoin up trend can last for long and not just in the next 10 days, hopefully we can sustain this one.

[Ayiranorea]

Myself watched the thread, and I believe it had coincidence for sometime being, only thing I find wrong is the word ever again. Now he might've corrected himself. Everyone knew the growth of bitcoin is unstoppable, so such a word isn't needed.

[philipma1957]

My fail is Early this year we were about 64-65 k and I guarantied 70 by may

So this is penance of a sort.

I mostly mine and btc at 41k with a difficulty of 14.3

Is better for me then 64k with a difficulty of 25.03

So I am in constant bull mode. Since last Novemeber.

[Fundamentals Of]

I think Bitcoin will not go down below $40,000 ever again. We will be missing $30,000-level threads and discussions because they are going to be a thing of the past from now on. That's also my personal opinion. 

I sometimes love the perma bears. They are sometimes fun to talk with. Sometimes I find them amusing especially because they are always proven wrong by Bitcoin and yet they persistently stick to their opinion. 

[Kong Hey Pakboy]

Man, the amount of sarcastic and sardonic comments in this one made some of the users reply seriously. It's okay that you did though, you're still participating in the conversation. I think you are wrong, bitcoin won't be able to touch down 50k again because it's not sustainable under 10k USD.

[adaseb]

I think what alot of people have in their minds right now is a repeat of 2013 pretty much. Basically for those who werent around in 2013. It had 2 tops, it had a top in April and another one in Nov. Now when I got started with crypto, I remember everybody in June/July 2013 saying that "BTC is dead, will go back to $10 a coin" and it traded sideways and eventually bottomed out in July sometime. Then it started to trend up.

It break ATH and then got really crazy in the month of November when it peaked at $1100. What is interested is that people in July 2013 assumed that it would be a long bear market, they had no idea it bottomed out. Just like last month we all assumed it would go to $20K at least. So I don't know what the ATH will be again however it'll most likely peak this Nov/Dec 2021.

[proudhon]

Note in response to proudhon's

threads for 35k and 30k

I entered a preemptive strike.  I did a thread for 40k...

Oh come on!

[Hippocrypto]

We need to wait for significant rise of btc until it hits $45k before we're going to see more upcoming pumps.
When we still not see it happening now, it's still possible to see btc price to saturate down to $35k or less.
If given opportunity that it might take off again, don't waste that big offer, try to accumulate your assets then buy another quantities of btc or other promising coins as your preparation towards future market halving.

[virasog]

We need to wait for significant rise of btc until it hits $45k before we're going to see more upcoming pumps.
When we still not see it happening now, it's still possible to see btc price to saturate down to $35k or less.
If given opportunity that it might take off again, don't waste that big offer, try to accumulate your assets then buy another quantities of btc or other promising coins as your preparation towards future market halving.

For last ten to eleven days, btc is printing green candles on the daily time frame. I think this is very bullish and we are heading towards 45K+ levels. Once we cross this level, i can see the all time high and resume of the bull season. Infact, bull season was never ended 

[Charles-Tim]

If anyone like it or not, there will be a time Bitcoin will never fall to $40000 again, Bitcoin is an appreciative asset, it is now 11 years since its creation which makes it to still be a young asset class, how about some or many years to come, Bitcoin price will still reach $100000 and increase above that. So seeing someone saying Bitcoin price will never be $40000 again in 10 consecutive days is surprising me, but many people just say what they like, there were some that have said in the past that bitcoin will not increase anymore when its price was still at $1300 or lower. I hope it will not be too late before such people realize how deflationary and appreciative Bitcoin price is.