The HODL to 100K movement

[AsiaHODL]

Anyone have views on this movement that seems to be gathering pace last few days?

The basic concept I believe is that if we all act in unity, and collectively pledge to Hodl, then with continued demand (and far lower liquidity due to everyone hodling) the price will move in a sustained upwards direction. The "game theory" being who breaks the pledge first as they "selfishly" trade. So you take the pledge and spread the word to others.

Personally I like the idea and "get it". I'm a hodler and will do my part. But the "traders" seem almost offended at such a proposal.

Personally, I think a lot of traders kid themselves about being able to profitably trade. The only guaranteed winner on trades is of course the exchange, which over time sucks money out of the crypto ecosystem, much like a rake on a poker table.

I would post the image that can be circulated if you take the hodl 100 pledge but no idea how to post pix here. 

[1715247539]

1715247539

[1715247539]

1715247539

[AsiaHODL]

https://ibb.co/LxZBfP7

I give up. Any tech savvy person know how to post the image? If so, please help a luddite!

[mk4]

Sort of "strategies" or "movements" such as this are often heavily unsustainable. Once, some of the people felt like 100k isn't happening, they'll simply grow impatient and sell; especially when talking about people who didn't hold bitcoin in the first place but are instead just planning on riding the pump.

https://ibb.co/LxZBfP7

I give up. Any tech savvy person know how to post the image? If so, please help a luddite!

You need a higher rank to be able to post photos.

[AsiaHODL]

Sort of "strategies" or "movements" such as this are often heavily unsustainable. Once, some of the people felt like 100k isn't happening, they'll simply grow impatient and sell; especially when talking about people who didn't hold bitcoin in the first place but are instead just planning on riding the pump.

https://ibb.co/LxZBfP7

I give up. Any tech savvy person know how to post the image? If so, please help a luddite!

You need a higher rank to be able to post photos.

https://i.ibb.co/k4SzFyC/Hodl-100.png

Lol got it thank you. Something to aspire to...

[zanezane]

Despite that the cryptocurrency market is unpredictable, I am thinking that BTC might go up to as much as $80k. $100k is still a possibility since we are already in the 4th quarter which is kinda “bullish” period. Unless there are some sudden circumstances that would result to short term pullbacks, the chances of $100k this year would be slim to none. Just my opinion.

Well, you're not in the wrong predicting at that price point, pretty sure that there's a possibility that bitcoin is going to be going up, especially when December comes, that's the most notorious year when prices go up in value. Probably hodling right now is the best thing that anyone can do and it's going to be risky to buy right now.

[bL4nkcode]

Despite that the cryptocurrency market is unpredictable, I am thinking that BTC might go up to as much as $80k. $100k is still a possibility since we are already in the 4th quarter which is kinda “bullish” period.

It's quite predictable actually, but this work in long-term prediction, most of the time bitcoin or most cryptocurrency tend to increase its price in the last quarter of the year like you have said. And that's an obvious/good observation that it has over higher probability that price might go back to 60k or may reach another ATH this last quarter or so. Holders always have the last laugh.

[cryptomaniac_xxx]

What do you expect from speculators and traders? Maybe they are going to be offended, but who cares? I mean everyone wanted to see the price hits $100k, there could be movement around in social media. But as I holder, you shouldn't be affected specially if you have been in the game for so long.

Let the price hits 6 digits and see how it goes for everyone. For sure majority will be delighted to see this historic price.

[Luzin]

Well, you're not in the wrong predicting at that price point, pretty sure that there's a possibility that bitcoin is going to be going up, especially when December comes, that's the most notorious year when prices go up in value. Probably hodling right now is the best thing that anyone can do and it's going to be risky to buy right now.

Yes, everything has been seen from history and it's all like a deal. So if you're sure it will arrive, I don't think it's too late, but maybe it all takes some patience. If you look at the current price, it is in a period of correction after breaking the resistance at $55K. The next target I think is around $60k. Besides that I think you don't have to use all your funds, buy it gradually. Resisting is not an easy thing, you must have a strong mentality and be consistent with your target. IMO

[bittraffic]

You don't really need a movement for this to happen. The countries' conflict will make investors come to buy BTC and institutions  buying because they are betting for the Bitcoin ETF to be approved.

I have come accross the movement articles when personalities like Michael Saylot and some celebrities did have their laser eyes edited. Its like inviting investors only and its up to them to hold.

[palle11]

I don't foresee $100k for the next close to three months but we can reach a new ATH when the movement keeps the energy.

I'm a hodler and will do my part. But the "traders" seem almost offended at such a proposal.

No traders don't have any challenge on the price because which ever way price swing to traders can make money both up and down movement in futures market. Hodlers are always wishing for bull because they want to dump the hodlings they have and a slight drop become their bad day but traders don't feel this way or have this kind of anxiety.

[acroman08]

Personally I like the idea and "get it". I'm a hodler and will do my part. But the "traders" seem almost offended at such a proposal.

I mean they have their own motto(or something like that) and they have their own way of making money. so I am not surprised they got offended or disturbed with what you presented.

Lol got it thank you. Something to aspire to...

now that you got 1 merit, try and reach jr member. you'll need 30 activities for that, to gain activity you'll need 30 posts. the activity distribution that give 14 activity happens every two weeks, so you'll need approximately 1 month to reach jr member.

[pawanjain]

Anyone have views on this movement that seems to be gathering pace last few days?

The basic concept I believe is that if we all act in unity, and collectively pledge to Hodl, then with continued demand (and far lower liquidity due to everyone hodling) the price will move in a sustained upwards direction. The "game theory" being who breaks the pledge first as they "selfishly" trade. So you take the pledge and spread the word to others.

Personally I like the idea and "get it". I'm a hodler and will do my part. But the "traders" seem almost offended at such a proposal.

Personally, I think a lot of traders kid themselves about being able to profitably trade. The only guaranteed winner on trades is of course the exchange, which over time sucks money out of the crypto ecosystem, much like a rake on a poker table.

I would post the image that can be circulated if you take the hodl 100 pledge but no idea how to post pix here. 

We all wish that we could hold together and pump bitcoin's price upwards but that doesn't happen in a open community.
People who want to take profits do exit and book their profits. Sometimes it's situations where some people have to sell their coins.
So it really becomes more of an individual decision rather than a group strategy to hold bitcoin.

[BlackHatCoiner]

The basic concept I believe is that if we all act in unity, and collectively pledge to Hodl, then with continued demand (and far lower liquidity due to everyone hodling) the price will move in a sustained upwards direction.

You can't force the people to do something they wouldn't otherwise. It's neither economically healthy for the people to act how they wouldn't normally. So, what you propose is to hodl until it reaches $100k, but what's next? Is the goal accomplished? No! Once we reach that amount, we'll want to spend our coins which will drop the price.

That's why the price goes upwards and downwards. Because, usually, the people act how they would with no extra thoughts. The current price is what determines the market value of Bitcoin. Calling it undervalued is respected, but you'll have to play by the rules if you wanna enjoy the benefits of a free market. Any change after a manipulation or a propaganda leads to an indication of a temporary market value.

Also, isn't HODL-ing for patients? You can't be a hodler and impatient at the same time.

[blatchcorn]

Despite that the cryptocurrency market is unpredictable, I am thinking that BTC might go up to as much as $80k. $100k is still a possibility since we are already in the 4th quarter which is kinda “bullish” period. Unless there are some sudden circumstances that would result to short term pullbacks, the chances of $100k this year would be slim to none. Just my opinion.

Market correction is inevitable, so far we have seen that whenever BTC goes up in value it takes correction after sometimes. Means Bitcoin don't go up in value only, it goes down equally and this point must be kept in mind. I am sure this will happen in current bull run also.
Secondly, we must not be greedy to sell our BTC at 100k rather sell as soon as you are getting adequate profit. I do agree that chances of 100k in this year are zero.

[mr500]

Many people talk about Bitcoin will pump to 100k and This type of post has gone viral in Bitcoin talk forum . Actually the way people talk about as a result the price of BTC really gain at $55,450 it's really new high pump in this week .
  

[LFC_Bitcoin]

Why HODL until 100k, what are you going to do then, sell everything for useless, depreciating $ & celebrate that?
I’ve been buying & HODLING since 2014, I’ve barely sold anything. Now more than ever I’m starting to see how useless fiat currency is.

I will sell some in Q4 but nowhere near even 50% of my stash. I think it’d be moronic to go all in to fiat.

Sell enough to make your life better to retire if you’re lucky & have enough money to last 3-4 years until the next bull run but selling everything at $100,000 is stupid.

[aoluain]

I think $100,000 is massively conservative, I mean why be so short sighted? It sounds
like the "movement" think that $100k is the ceiling, which it certainly isnt. It will just be
the start of another chapter in Bitcoins adoption, popularity and value.

I get it that some people have set a personal target to sell at $100k but creating a concerted
effort to mass seel at that price is like a public announced backways ponzi scheme.

Just read LFC_Bitcoin above and this makes sense too, just create your own target
and be happy with that, dont try and infleuence others.

[Jaycee99]

I would post the image that can be circulated if you take the hodl 100 pledge but no idea how to post pix here.  

Iam judging base on your question and it's possible that you did not read the important stuff. First, you should read the rules that are pinned correct me if am wrong from what I remember since I last read the rules when I was a newbie. Members or rather users who have the status of a "newbie" cant post photos. Still there are other ways you can.

oh!, here I found the link for you.
https://bitcointalk.org/index.php?topic=1689727.0 here is a link that would help you along the way and it would help you with some of your questions.
the title that you should read is "I cannot post images?" (which you can find while reading)


Remember to click the words that are linked to another topic.
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Anyone have views on this movement that seems to be gathering pace last few days?

The basic concept I believe is that if we all act in unity, and collectively pledge to Hodl, then with continued demand (and far lower liquidity due to everyone hodling) the price will move in a sustained upwards direction. The "game theory" being who breaks the pledge first as they "selfishly" trade. So you take the pledge and spread the word to others.

I presumed that your talking about bitcoin for me, the value for bitcoin is  I think it would be at 70k worth of dollars. if you talking about other cryptocurrencies it is good to hold and wait to hit 100k but specifically, it would apply in bitcoin.

Thank you for being positive but still like others responded bitcoin is unpredictable and the holders and traders are unpredictable as well they can manipulate the number. Iam talking specifically about who "they" are the big holder or rather investors. This is one of the reasons why others have said anything can happen when it comes to value.

Personally I like the idea and "get it". I'm a hodler and will do my part. But the "traders" seem almost offended at such a proposal.

Personally, I think a lot of traders kid themselves about being able to profitably trade. The only guaranteed winner on trades is of course the exchange, which over time sucks money out of the crypto ecosystem, much like a rake on a poker table.

From my point of view as I experienced Holding and trading the two can be a winner as long as you know what to do and you have an idea to get yourself through. You must study, learn, try, and do it in order to win it and know it. Still, trading and holding can still attain some weak points that you get to see as you get going when it comes to trading and holding.

[NeuroticFish]

but selling everything at $100,000 is stupid.

I will distort a little bit what you meant and I will focus on what you said  
Theoretically one may sell everything at a certain price and, with a ton of luck, buy that back after the correction or - preferably in this case - a crash. Of course, with quite some nice amount of fiat as extra.
Obviously it's a risky move, but if he's in luck and it's a crash, he can indeed make his life better and also buy back all his sold coins.
I don't know though how many HODLers have the balls to do that. I don't  

[adzino]

Lol, you can't get everyone to "HODL". Even if everyone does hold with you and the price goes up, you can anticipate a massive crash coming soon. People were holding till 100k. Once the price has reached that point, most of the people would be selling their bitcoin to take their profits. This will cause a massive dip. So instead of seeing such insane/massive dips, its better the way it is right now - some people holding, some people selling.