OgNasty (OP)
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February 23, 2024, 06:03:51 PM |
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I rose this from the dead. Because we need to be ready. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Nice! I saw the thread and I was thought that's cool that somebody posted a thread with the all time high... Then I saw my name as the OP. LOL It's really telling the difference in feeling this time around (like always). Last time we were sitting on $50K+ a couple of years ago I personally was watching in shock thinking the price couldn't possibly stay this high could it? This time around it feels like $50K is cheap and we're going to go a lot higher. I see that people were still expecting the market to go a little higher last time, so there's some reason to be cautious... However, I'm going to try and stay calm while holding until I get the urge to make another thread praising the current price. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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tertius993
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February 24, 2024, 08:59:10 PM |
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Quite funny reading this thread back and remembering all the certainty 4 years ago that we were "certainly going to $100k" or "$150k" or even "$450k" and now those same suggestions are starting again. I think we might see $100k of thereabouts this cycle but I'll be utterly amazed if we see much more.
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OgNasty (OP)
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February 26, 2024, 06:57:41 PM |
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Quite funny reading this thread back and remembering all the certainty 4 years ago that we were "certainly going to $100k" or "$150k" or even "$450k" and now those same suggestions are starting again. I think we might see $100k of thereabouts this cycle but I'll be utterly amazed if we see much more.
In everyone’s defense, I believe that the market would have hit those price targets had it not been for FTX pulling a massive fraud that limited the upside of BTC while artificially inflating alts, thereby directing new money to those alts and further reducing Bitcoin’s price increase. If there’s no funny business this time, I could see BTC even surpassing $200K… I’d probably become a seller around $135K though.
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aoluain
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February 26, 2024, 07:32:15 PM |
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Yea the FTX debacle was a market changer, it couldnt have come at a more inopportune time as regards the Bitcoin market.
This time its different hopefully I know, I know thats probably been said many times before! its a different market this time, we are starting from a higher point in the market and the ETF thing is adding some extra positivity to what people in general are feeling.
I think the opposite in terms of reaching $100k, I think it will be easily reached and surpassed
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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tertius993
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February 26, 2024, 08:33:01 PM |
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Quite funny reading this thread back and remembering all the certainty 4 years ago that we were "certainly going to $100k" or "$150k" or even "$450k" and now those same suggestions are starting again. I think we might see $100k of thereabouts this cycle but I'll be utterly amazed if we see much more.
In everyone’s defense, I believe that the market would have hit those price targets had it not been for FTX pulling a massive fraud that limited the upside of BTC while artificially inflating alts, thereby directing new money to those alts and further reducing Bitcoin’s price increase. If there’s no funny business this time, I could see BTC even surpassing $200K… I’d probably become a seller around $135K though. Well, I should be delighted if it did, but i don't see it. Its very easy to look back and rationalise what did happen but not so easy to look forward and predict what will happen. Obviously the ETFs are a bit of a game changer but they aren't going to be driving massive inflows indefinitely, they will stabilise in due course. I stand by my prediction of a cycle high somewhere around $100k on the lowside and $130k on the optimistic side.
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milewilda
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February 27, 2024, 01:31:33 AM |
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Quite funny reading this thread back and remembering all the certainty 4 years ago that we were "certainly going to $100k" or "$150k" or even "$450k" and now those same suggestions are starting again. I think we might see $100k of thereabouts this cycle but I'll be utterly amazed if we see much more.
In everyone’s defense, I believe that the market would have hit those price targets had it not been for FTX pulling a massive fraud that limited the upside of BTC while artificially inflating alts, thereby directing new money to those alts and further reducing Bitcoin’s price increase. If there’s no funny business this time, I could see BTC even surpassing $200K… I’d probably become a seller around $135K though. Well, I should be delighted if it did, but i don't see it. Its very easy to look back and rationalise what did happen but not so easy to look forward and predict what will happen. Obviously the ETFs are a bit of a game changer but they aren't going to be driving massive inflows indefinitely, they will stabilise in due course. I stand by my prediction of a cycle high somewhere around $100k on the lowside and $130k on the optimistic side. Surely that ETF did make that significant influence on what we do have in the market now on which its something that could really be denied but we do know that it isnt everything. Market price drives basing up on the demand and recognition as always. It is really that good to look up some past or old threads specially this one that do talks about that All time high on which we arent that too far off on breaking this one, it could neither be on pre-halving(unlikely) or on post halving which is always into that point. Now that we are 54k as of this writing then having that 10k+ price movement wont really be that too far off and we would really be needing some sort of positive fundamentals that could push up the price even more but well lets see if there wouldnt really be some sudden dumps or correction later on.
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OgNasty (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 27, 2024, 08:40:56 PM |
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Quite funny reading this thread back and remembering all the certainty 4 years ago that we were "certainly going to $100k" or "$150k" or even "$450k" and now those same suggestions are starting again. I think we might see $100k of thereabouts this cycle but I'll be utterly amazed if we see much more.
In everyone’s defense, I believe that the market would have hit those price targets had it not been for FTX pulling a massive fraud that limited the upside of BTC while artificially inflating alts, thereby directing new money to those alts and further reducing Bitcoin’s price increase. If there’s no funny business this time, I could see BTC even surpassing $200K… I’d probably become a seller around $135K though. Well, I should be delighted if it did, but i don't see it. Its very easy to look back and rationalise what did happen but not so easy to look forward and predict what will happen. Obviously the ETFs are a bit of a game changer but they aren't going to be driving massive inflows indefinitely, they will stabilise in due course. I stand by my prediction of a cycle high somewhere around $100k on the lowside and $130k on the optimistic side. I don’t view it as rationalizing what happened. I’m just explaining to you what happened. There are legitimate reasons the rally was cut short last cycle. It isn’t a myth or hypothesis. It is what actually happened. Without financial fraud at a level most can’t comprehend, Bitcoin would have certainly gone much higher. If it doesn’t hit a new all time high this cycle, it will no doubt have another black swan event that is responsible. FTX caused a lot of damage.
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cakravothy
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February 27, 2024, 09:23:41 PM |
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I think it's very easy for the price of bitcoin to reach 68k dollars but not this month. not even just 68k dollars. next year maybe the price of bitcoin can reach 100k dollars. because even this month the price has started to approach the price of 60k dollars. and this is a halving year.
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Driftless_Mining
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February 29, 2024, 04:14:25 PM |
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I agree with the general sentiment here that $60k last cycle was too fast, too soon, to expect it to hold back then, but this cycle with the ETFs (plural not singular as many were expecting back then) by big name institutions, the price has a lot more heft behind it. I think $100k to $120k is easily doable this cycle, but we may see a temp new ATH ($70-75k) high here shortly before a pull-back to $45-50k, and then making the final run-up to $100k+ after the halving.
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Poker Player
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February 29, 2024, 04:18:53 PM |
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The truth is that I am surprised by the recent price performance. In the blink of an eye we have been close to the previous ATH, although now there seems to be a small resistance, as it is logical. I agree with the general sentiment here that $60k last cycle was too fast, too soon, to expect it to hold back then, but this cycle with the ETFs (plural not singular as many were expecting back then) by big name institutions, the price has a lot more heft behind it.
Yes, you never know. So far Bitcoin had not surpassed the previous ATH of the cycle at this point, but we're a step away. Whether it's because of Bitcoin ETFs or whatever, with 11% more upside we can beat the previous ATH and that Bitcoin can do in a couple of days if FOMO breaks out.
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Moreno233
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February 29, 2024, 04:58:24 PM |
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Quite funny reading this thread back and remembering all the certainty 4 years ago that we were "certainly going to $100k" or "$150k" or even "$450k" and now those same suggestions are starting again. I think we might see $100k of thereabouts this cycle but I'll be utterly amazed if we see much more.
When people were making those projections, they were actually looking funny and unrealistic especially when price was around $18k with the bearish momentum still dominant. Well all that are now history because Bitcoin have now shown its potential and have cleared several doubts of people. I completely agree with you that $100k is a sure banker and it may happen sooner than we even expect. If Bitcoin can continue the way it is going up to next weekend, then we should have been looking at new price zone far from the all time high. If $100k actually happens, then many other predictions like the $250k will surely come to pass if not in this market cycle, subsequent market cycles will yield that price.
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OgNasty (OP)
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February 29, 2024, 05:57:23 PM |
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Quite funny reading this thread back and remembering all the certainty 4 years ago that we were "certainly going to $100k" or "$150k" or even "$450k" and now those same suggestions are starting again. I think we might see $100k of thereabouts this cycle but I'll be utterly amazed if we see much more.
When people were making those projections, they were actually looking funny and unrealistic especially when price was around $18k with the bearish momentum still dominant. Well all that are now history because Bitcoin have now shown its potential and have cleared several doubts of people. I completely agree with you that $100k is a sure banker and it may happen sooner than we even expect. If Bitcoin can continue the way it is going up to next weekend, then we should have been looking at new price zone far from the all time high. If $100k actually happens, then many other predictions like the $250k will surely come to pass if not in this market cycle, subsequent market cycles will yield that price. They didn't look unrealistic to me at the time and still don't look unrealistic looking back. As I've stated many time, FTX pulling one of the biggest financial frauds in human history is the reason that the Bitcoin market didn't hit it's true potential last cycle. This cycle will be a make up cycle which is what we've seen so far. This is why we might get a new all time high before the halving which has never happened before. The price should have gone higher in 2021, shouldn't have gone as low as it did in 2023, and is very likely to surpass $200K this cycle as a result. Making that call now is way less crazy then when I was calling for a $4,000 BTC when the price was around $10...
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Troytech
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February 29, 2024, 11:08:01 PM |
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The bull run is actually going on a faster lace than expected, most folks where speculating 60k after the halving and it has already come to us so quickly.
The next price I am speculating is 70k , but I'm actually having this feeling that we might well exceed 100k bitcoin price this year and maybe up to 150k or maybe around that price range.
Bitcoin demand is getting higher as the day goes on and more investors are rushing in, maybe from seeing the price spiking upwards .
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philipma1957
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February 29, 2024, 11:16:03 PM |
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85k by may 1 would be a very very very good number
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Hewlet
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March 01, 2024, 06:05:31 AM |
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Congrats! Price discovery here we come!
The march to $100K continues…
Where do we settle in for the next leg of accumulation?
it's been BTC season for real. To know that it's been revolving around $42k+ for weeks back and one would have normally thought the highest it can get within such a small period of time would probably be around $50k+ and it's just rewarding seeing how far it has gone to this height of $62k+ and it's still counting and climbing steadily. This is just a signal to what will happen in five to ten years to come when this current price would probably be loooked at as a bearish period.
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peter0425
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March 01, 2024, 06:11:38 AM |
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85k by may 1 would be a very very very good number
Does this mean we will not Hit or break the ATH before halving? thats sad as I am looking for this breaking any time this march. But of course There is nothing we can do about that but to wait. Congrats! Price discovery here we come!
The march to $100K continues…
Where do we settle in for the next leg of accumulation?
it's been BTC season for real. To know that it's been revolving around $42k+ for weeks back and one would have normally thought the highest it can get within such a small period of time would probably be around $50k+ and it's just rewarding seeing how far it has gone to this height of $62k+ and it's still counting and climbing steadily. This is just a signal to what will happen in five to ten years to come when this current price would probably be loooked at as a bearish period. I don't wanna look about the next 5 years now because we are just waiting for the 2025 making its way to 100k.
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pinggoki
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March 01, 2024, 07:04:18 AM |
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85k by may 1 would be a very very very good number
Man, I do hope that a lot of us won't mind hodling even more or overextending to get the price to 100k, I know that I'm being ambitious with the 100k price but damn anyone can dream about the potential that bitcoin can reach, there's like only about 6k USD left before bitcoin goes back to it's previous ATH. I'd probably overextend my hodling for this one, good luck to the hodlers that will plan to take the profit now and those that have been hodling since the bottom, y'all deserve to take the profit.
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Troytech
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March 01, 2024, 11:12:38 PM |
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85k by may 1 would be a very very very good number
Those numbers would be too easy, it's like under speculating, bitcoin is really on a massive run and as we know it the demand is getting higher, I even read that the EFT buys about 10% of the available supply of bitcoin and more person's are moving their coins off exchanges to self custody, bitcoin is getting more scarce and Im expecting a serious price pump to maybe 80k this month or 70k, but I'm also expecting a kind of corrections around 70k and 60k for about a week after we hit a new ATH this week or inside next week. Congrats! Price discovery here we come!
The march to $100K continues…
Where do we settle in for the next leg of accumulation?
it's been BTC season for real. To know that it's been revolving around $42k+ for weeks back and one would have normally thought the highest it can get within such a small period of time would probably be around $50k+ and it's just rewarding seeing how far it has gone to this height of $62k+ and it's still counting and climbing steadily. This is just a signal to what will happen in five to ten years to come when this current price would probably be loooked at as a bearish period. We are all well surprised about the recent bitcoin pump it came even faster than our speculations, most were speculating a new ATH after the halving but we are too close to our last ATH to be thinking in terms of more months, I think this month we are surely hitting a new ATH .
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OgNasty (OP)
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March 02, 2024, 12:10:06 AM |
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I'm guessing this all time high breaks before the halving. At this point it seems like the momentum is up and awareness/fomo hasn't even really set in yet. I'm guessing once the halving hits there is going to be a wave of advertising as Blackrock and friends try to see how high they can get the BTC price to inflate their fund management fees. At this point though, who knows what we'll see come April 20th. I know there's going to be some moon shots happening. Judging from recent Elon tweets, it might even line up with another Starship test. That would be an amazing day.
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