wahyuagung26
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June 02, 2023, 01:15:26 PM |
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If this year can reach $ 50k, the price of $ 100k will occur in 2024 because there will be halving,
Everyone expects this price to enter the Crypto market and everyone hopes that soon the bull market will take over the market and pressuring the price will continue to rise towards the new ATH, Although $100k is a big target in the next year we actually also expected about this, and now we will wait for the next price halving, and in the meantime continue to buy while the price is still low like this. don't sell when it's cheap like the current price, but dare to take the risk of buying now because the pump market will happen soon,
Selling on dips is not a good idea, to be honest we say everyone will realize that when prices are low it is not good to sell even if you panic you have to be able to hold it in, and instead of waiting for the market to return to good we suggest staying consistent in doing DCA in the market and we feel very good about taking advantage of this low market condition, even though it is risky we still do it because this is Bitcoin.
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khiholangkang
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June 02, 2023, 01:29:54 PM |
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Of course, everyone understands that when a halving occurs, the price will skyrocket, of course, to be able to skyrocket depends on the previous price, if the initial price in 2024 can reach at least $ 50k then I'm optimistic that the price will easily reach $ 100k during the halving but if the initial price in 2024 is around $ 28 k then the max achievable price might be $50k.
Bullrun in the price of Bitcoin can occur before Bitcoin Halving or after Halving, we do not know for sure when Halving occurs when viewed from this point of view. But if you think about the price to touch the highest price level, I cannot predict it, even though you say if $ 28k then the possibility that Bitcoin can touch in 2024 is $ 50k and if $ 50k at the beginning of the year then $ 100k at 2024. But I think Bitcoin will touch the highest price level in the range of $ 80K- $ 90k, I don't see so much Bitcoin potential can reach $ 100K, although basically I am also happy if Bitcoin touches the price level, but at least we have to be realistic with the situation what is happening right now.
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Nrcewker
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June 02, 2023, 01:33:39 PM |
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Of course, everyone understands that when a halving occurs, the price will skyrocket, of course, to be able to skyrocket depends on the previous price, if the initial price in 2024 can reach at least $ 50k then I'm optimistic that the price will easily reach $ 100k during the halving but if the initial price in 2024 is around $ 28 k then the max achievable price might be $50k.
If Bitcoins manages to cross 40k usd by the end of this year, then definitely in next year we will see an ATH price for the coin. But we have to also make sure that, there isn’t any bad news happening in between, like the FTX news that happened recently and for which the market completely crashed. We have know Bitcoins capabilities and we also know that Bitcoins are limited in numbers. Hence, when the demand of the coin increases the price will automatically go up.
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salad daging
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June 02, 2023, 02:04:16 PM Merited by JayJuanGee (1) |
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Of course, everyone understands that when a halving occurs, the price will skyrocket, of course, to be able to skyrocket depends on the previous price, if the initial price in 2024 can reach at least $ 50k then I'm optimistic that the price will easily reach $ 100k during the halving but if the initial price in 2024 is around $ 28 k then the max achievable price might be $50k.
Bullrun in the price of Bitcoin can occur before Bitcoin Halving or after Halving, we do not know for sure when Halving occurs when viewed from this point of view. But if you think about the price to touch the highest price level, I cannot predict it, even though you say if $ 28k then the possibility that Bitcoin can touch in 2024 is $ 50k and if $ 50k at the beginning of the year then $ 100k at 2024. Nothing is certain, we just speculate continuously because in the end time will determine where the bitcoin price will go, but after the halving occurs, I think there will be a change for the better, but at least we have to wait a while after that, I talk like this because of looking at the previous history. But I think Bitcoin will touch the highest price level in the range of $ 80K- $ 90k, I don't see so much Bitcoin potential can reach $ 100K, although basically I am also happy if Bitcoin touches the price level, but at least we have to be realistic with the situation what is happening right now.
Usually bitcoin will be many times the previous ATH but I don't think 80/90K is the highest price even more than that with 100k for example later then for me it's too low for the next ATH, but it's all just my speculator which of course there will be less it too but to speak realistically maybe this year it is said right the price will not be too high but after ATH then it will be different for me there will be a more surprising factor where bitcoin can soar high. like the FTX news that happened recently and for which the market completely crashed.
This has passed and the bitcoin factor is no longer associated with FTX, I suspect some other bad news also doesn't affect bitcoin now it's just that the bearish phase is still going on.
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fzkto
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June 02, 2023, 03:38:33 PM |
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Of course, everyone understands that when a halving occurs, the price will skyrocket, of course, to be able to skyrocket depends on the previous price, if the initial price in 2024 can reach at least $ 50k then I'm optimistic that the price will easily reach $ 100k during the halving but if the initial price in 2024 is around $ 28 k then the max achievable price might be $50k.
Bullrun in the price of Bitcoin can occur before Bitcoin Halving or after Halving, we do not know for sure when Halving occurs when viewed from this point of view. But if you think about the price to touch the highest price level, I cannot predict it, even though you say if $ 28k then the possibility that Bitcoin can touch in 2024 is $ 50k and if $ 50k at the beginning of the year then $ 100k at 2024. But I think Bitcoin will touch the highest price level in the range of $ 80K- $ 90k, I don't see so much Bitcoin potential can reach $ 100K, although basically I am also happy if Bitcoin touches the price level, but at least we have to be realistic with the situation what is happening right now. In the last cycle after the halving in 2020 bitcoin made x20 from a bottom of 3k. If we assume the bottom was at 16k and take into account that each cycle gets less growth. For example that bitcoin could make 10x from the previous bottom, then the price could be 160k. But that will probably happen in 2025.
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superman184
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June 02, 2023, 06:47:33 PM |
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In the last cycle after the halving in 2020 bitcoin made x20 from a bottom of 3k. If we assume the bottom was at 16k and take into account that each cycle gets less growth. For example that bitcoin could make 10x from the previous bottom, then the price could be 160k. But that will probably happen in 2025.
It would be amazing if Bitcoin could be at $ 160K in 2025 even though it is still beyond my personal reasoning even though you have revealed facts that have happened to Bitcoin in the past. But for now I would never envision such a big price on Bitcoin in 2025 which is a super bullish condition on Bitcoin with a market cycle that should really improve by then. Yeah I also hope that hopefully it can happen after 2024 is over.
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Woodie
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June 02, 2023, 07:30:29 PM |
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Of course, everyone understands that when a halving occurs, the price will skyrocket, of course, to be able to skyrocket depends on the previous price, if the initial price in 2024 can reach at least $ 50k then I'm optimistic that the price will easily reach $ 100k during the halving but if the initial price in 2024 is around $ 28 k then the max achievable price might be $50k.
50k sounds like a reasonable price that we could hit with or without the halving in 2024, but to say we shall get to $50k then hit a double because of the bitcoin halving all in one year is a big ask... Besides something has to drive price up and at the moment nothing really stands out that can cause such a price jump, unless something threatens something like the biggest currencies in fiat then everyone will be out trying to protect their wealth by going with crypto. For now its all speculative of what the future holds.
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Stedsm
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June 02, 2023, 07:44:53 PM |
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For Bitcoin to be struggling hard to break above $30k again for months, I believe that it all depends upon the dollar's strength whether it'll be weak and let BTC skyrocket hard or if it becomes too much stronger, we may even see 1/10th ($10k) of what's speculated here i.e.; 100k
Let the time play its game because all we know now is, BTC had always been freely being manipulated until big players (institutions) put their foot forward into this and invested. Now, everything here moves just like we see in forex. So I believe that there are possibilities that if USD gets stronger and stronger, we don't have enough BTC supply here in terms of number to keep it strong against dollar which is why the fall will be big.
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JayJuanGee
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June 02, 2023, 08:28:01 PM |
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Of course, everyone understands that when a halving occurs, the price will skyrocket, of course, to be able to skyrocket depends on the previous price, if the initial price in 2024 can reach at least $ 50k then I'm optimistic that the price will easily reach $ 100k during the halving but if the initial price in 2024 is around $ 28 k then the max achievable price might be $50k.
50k sounds like a reasonable price that we could hit with or without the halving in 2024, but to say we shall get to $50k then hit a double because of the bitcoin halving all in one year is a big ask... Generally speaking, I agree with the idea of being conservative with expectations, even though a doubling upon the bitcoin price due to a cutting off of the issuance of new supply in regards to the halvening does seem to be a reasonable expectation.. however the point in which such doubling should be considered tio apply might be another question that involves what is the fair price of a bitcoin, and some might even argue that the November 2022 bottom of $15,479 is a fair price, and others might argue that the 200-week moving average is a fair price, and surely others have made other assertions in regards to the price location that they consider to be a fair jumping off point. Surely another thing is that we cannot necessarily go by strict measurements in regards to "what is reasonable?" either, especially since bitcoin remains a paradigm-shifting phenomena that is really early in its adoption phase, and surely it is possible that the BTC price could continue to be suppressed, but it does not really seem to be a reasonable approach for anyone to take who happens to have some kind of a clue regarding what bitcoin happens to be.. which also seems to be a pretty small percentage of the world's population, since it seems that less than 1% have already bought some - and not even conceding whether those who have BTC understand what they happen to hold or that they have taken a sufficiently adequate stake based on what it is that they hold. Besides something has to drive price up and at the moment nothing really stands out that can cause such a price jump, unless something threatens something like the biggest currencies in fiat then everyone will be out trying to protect their wealth by going with crypto.
First of all, there is a lot of things that have already happened in the world in recent years that should provide enough information to be able to recognize that anyone would likely be in a better position to get into bitcoin rather than continuing to not have any bitcoin, so there are a lot of people, businesses/institutions and governments who still have to come the realization and recognition of the value of having some kind of a bitcoin policy (and/or stake in bitcoin). In that respect, bitcoin is far from any kind of mature asset class, as seems to be the framework in which you are analyzing the situation Woodie. Second, your use of the term crypto seems to show that you don't really know what the fuck you are talking about. You have to be able to recognize and appreciate what is bitcoin in order to be able to recognize and appreciate the price of bitcoin and to consider various shitcoins in relation to bitcoin rather than just gobbing the idea of bitcoin into some kind of nonsense and amorphous framework that you refer to "crypto" as if it were some kind of a phenomena in which bitcoin happens to be one of the group of pieces of crap that are part of such amorphous current events. In other words, to me that it may well be valuable for you, and anyone else who is trying to attempt to understand what might happen with the price of bitcoin, to consider bitcoin in a way in which you are able to conceptually figure out how it differs from shitcoins and also to be able to use clear enough language that you are specifying what you mean when you use the term crypto and figure out whether you are still talking about bitcoin or have you reverted to some kind of vague language that no longer really has any kind of grasp upon how the role of sound money and the various network effects (in the light of those outlined by Trace Mayer in 2015) of bitcoin fit into what also seems to be happening with traditional banking systems and problems with the whole debt systems of the many shitty fiats in which the dollar still seems to be the strongest of the shitty fiats going through some ongoingly difficult to balance desperate maneuvers. For now its all speculative of what the future holds.
Sure the future is speculative, but the future is not a total stab in the dark in regards to what might happen (even though there are always going to be some surprise elements and happenings along the way), especially since we have some frameworks under which we can attempt to analyze what we believe the present is and what happened in the past in order to attempt to get us to some kind of an understanding of where we are at and where we might be going. Those kinds of frameworks should help us to consider various future scenarios that we consider to be more likely than not, and therefore in terms of personal preparations for the future, we might be better off to attempt to assign probabilities to various possible scenarios and to try to prepare ourselves in terms of a variety of possible future scenarios rather than just sitting on our hands and proclaiming "anything can happen," and in that regard, it seems to me to be better for each of us (for our own good) to try to put more preparations into scenarios that we consider to be more likely than not... while at the same time, making sure that we are financially and psychologically prepared for the lesser likely scenarios too. For Bitcoin to be struggling hard to break above $30k again for months, I believe that it all depends upon the dollar's strength whether it'll be weak and let BTC skyrocket hard or if it becomes too much stronger, we may even see 1/10th ($10k) of what's speculated here i.e.; 100k
Yes, of course, we should also prepare for downity scenarios, and it seems to me that you are going to need a lot of luck if you are putting much, if any, preparations for $10k scenarios. Let the time play its game because all we know now is, BTC had always been freely being manipulated until big players (institutions) put their foot forward into this and invested. Now, everything here moves just like we see in forex. So I believe that there are possibilities that if USD gets stronger and stronger, we don't have enough BTC supply here in terms of number to keep it strong against dollar which is why the fall will be big.
Wow! ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Good luck with that. You will probably need it. I am not saying that your scenario is not going to play out, but I would not consider it as anything even close to a base case likely scenario, and frequently there are way more needs for normies to prepare for BTC UPpity rather than to expect (or hope)(or to imagine) that macro scenarios will play out in such a way that there may be those kinds of BTC "bargains" in the near-term future... even if the dollar were to show its strength in those kinds of seemingly imaginary ways that you seem to be envisioning (in your seemingly fantasy framework regarding what is happening and/or likely to happen in regards to dee cornz, aka my lil precious).
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1) Self-Custody is a right. There is no such thing as "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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Stedsm
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June 02, 2023, 08:36:40 PM |
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Let the time play its game because all we know now is, BTC had always been freely being manipulated until big players (institutions) put their foot forward into this and invested. Now, everything here moves just like we see in forex. So I believe that there are possibilities that if USD gets stronger and stronger, we don't have enough BTC supply here in terms of number to keep it strong against dollar which is why the fall will be big.
Wow! ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Good luck with that. You will probably need it. I am not saying that your scenario is not going to play out, but I would not consider it as anything even close to a base case likely scenario, and frequently there are way more needs for normies to prepare for BTC UPpity rather than to expect (or hope)(or to imagine) that macro scenarios will play out in such a way that there may be those kinds of BTC "bargains" in the near-term future... even if the dollar were to show its strength in those kinds of seemingly imaginary ways that you seem to be envisioning (in your seemingly fantasy framework regarding what is happening and/or likely to happen in regards to dee cornz, aka my lil precious). Lol there's nothing sort of fancy or even any fantasy that I've got for USD and I'm not against BTC at all. What I'm talking about is just a speculation we all are making here. Even macros won't want to lose the opportunity to play easy by keeping BTC's value low because then, it's actually easy peasy for them to not just manipulate it but also play good in futures and make lots of money, whereas increasing the value of BTC means reducing the size of the opportunity that they currently have. Those who are bragging about BTC a million dollar soon, BTC to 200k and blah blah blah, I'd ask them where are they now. Times now are like, we may even see some big names be erased out of the markets due to macros playing it out big by adding enough selling pressure and making big parties bankrupt who hold too much BTC and even its long positions, to just get them liquidated. It's crypto buddy, anything can happen here. We saw it dump from $30 to $5, then from $1k to $250, then from $10k to $3k (probably even less) and recently, about $69k to around $16k, so anything can happen here and I believe there's much time left for halving so we can't even expect that to price in. And what's this dee cornz, man? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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JayJuanGee
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June 02, 2023, 09:00:35 PM |
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Let the time play its game because all we know now is, BTC had always been freely being manipulated until big players (institutions) put their foot forward into this and invested. Now, everything here moves just like we see in forex. So I believe that there are possibilities that if USD gets stronger and stronger, we don't have enough BTC supply here in terms of number to keep it strong against dollar which is why the fall will be big.
Wow! ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Good luck with that. You will probably need it. I am not saying that your scenario is not going to play out, but I would not consider it as anything even close to a base case likely scenario, and frequently there are way more needs for normies to prepare for BTC UPpity rather than to expect (or hope)(or to imagine) that macro scenarios will play out in such a way that there may be those kinds of BTC "bargains" in the near-term future... even if the dollar were to show its strength in those kinds of seemingly imaginary ways that you seem to be envisioning (in your seemingly fantasy framework regarding what is happening and/or likely to happen in regards to dee cornz, aka my lil precious). Lol there's nothing sort of fancy or even any fantasy that I've got for USD and I'm not against BTC at all. What I'm talking about is just a speculation we all are making here. Even macros won't want to lose the opportunity to play easy by keeping BTC's value low because then, it's actually easy peasy for them to not just manipulate it but also play good in futures and make lots of money, whereas increasing the value of BTC means reducing the size of the opportunity that they currently have. Those who are bragging about BTC a million dollar soon, BTC to 200k and blah blah blah, I'd ask them where are they now. Times now are like, we may even see some big names be erased out of the markets due to macros playing it out big by adding enough selling pressure and making big parties bankrupt who hold too much BTC and even its long positions, to just get them liquidated. It's crypto buddy, anything can happen here. We saw it dump from $30 to $5, then from $1k to $250, then from $10k to $3k (probably even less) and recently, about $69k to around $16k, so anything can happen here and I believe there's much time left for halving so we can't even expect that to price in. And what's this dee cornz, man? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) No problem.. I stand by the points that I made in my previous post, and I don't even disagree that it is possible for the BTC price could end up going down or to go down way, way, way below expectations and to stay down there in those abysmal price locations way longer than any normal mortal would have had expected (in order to continue to shake out weak hands), but again, it seems to me to bare repeating that even those folks who have fantasy expectations of BTC low prices (which I cannot remove you from my categorizing you in such a way from your last post that seems to double down on your earlier post) better make sure that those downity praying folks are NOT only preparing for DOWNity scenarios, and hopefully you and your fellow no coiner, low coiners are not overly preparing for down... and then kicking ur lil selfies later because you were too busy overly preparing for what seems to be Armageddon-like scenarios that are probably way less likely than you are expecting them to be.
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1) Self-Custody is a right. There is no such thing as "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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Stedsm
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June 02, 2023, 09:09:49 PM |
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No problem.. I stand by the points that I made in my previous post, and I don't even disagree that it is possible for the BTC price could end up going down or to go down way, way, way below expectations and to stay down there in those abysmal price locations way longer than any normal mortal would have had expected (in order to continue to shake out weak hands), but again, it seems to me to bare repeating that even those folks who have fantasy expectations of BTC low prices (which I cannot remove you from my categorizing you in such a way from your last post that seems to double down on your earlier post) better make sure that those downity praying folks are NOT only preparing for DOWNity scenarios, and hopefully you and your fellow no coiner, low coiners are not overly preparing for down... and then kicking ur lil selfies later because you were too busy overly preparing for what seems to be Armageddon-like scenarios that are probably way less likely than you are expecting them to be.
I'm only talking possibilities and not 100% guaranteed scenarios, so I'm not at all preparing or worried for anything because I work for BTC, I get it instead of USD based on the conversion rates and that's it. And yes, downside will always remain a possibility because of the fact that whatever goes up, must come down (I guess Newton's law maybe?!) As well, I've come here 3 months earlier than you buddy (registration dates lmao) So that extra experience speaks as well haha ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) One last time, I'd again ask this: What the F is this dee cornz, man? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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usekevin
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June 02, 2023, 10:15:48 PM |
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The bitcoin price will have next halves in next year which is 2024.So we expect the bull run during the month of January to April of next year.Incase you like to get good profit from the bitcoin,you can have the habit of buying at all the dump till the next year.If you think the price of bitcoin with 28k dollar is high,how you can able to get profit at 50k and 100k next year.So trading is based on the manipulation and finding the right price to buy the bitcoin.The final combo for the profit is holding with some patience.
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Nwada001
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June 03, 2023, 09:17:52 AM Merited by JayJuanGee (1) |
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Of course, everyone understands that when a halving occurs, the price will skyrocket, of course, to be able to skyrocket depends on the previous price, if the initial price in 2024 can reach at least $ 50k then I'm optimistic that the price will easily reach $ 100k during the halving but if the initial price in 2024 is around $ 28 k then the max achievable price might be $50k.
Just like others have said, there is always a higher possibility that Bitcoin price will hit a new ATH either after or before the next halving. This is as a result of people already believing that it's going to happen, and the amount of money that miners are to be receiving from block reward is also going to slide down by 50%, which means the amount of Bitcoin to be added into circulation every time is about to be reduced or has already been reduced, which is a good sign for most people to buy and hodl more because a little circulating supply with a higher demand always turns out positive on the long-holder side. To me, the halving is not usually what always causes the bull run, but it's an instrument that triggers larger buying and long holding, which increases demand, and as a result of this, we can now have higher prices, just as the law of economics dictates. But also because we are expecting a halving anytime soon, it is not a guarantee that Bitcoin must hit another ATH at that very moment. Nothing is impossible, but crossing from 28k, which is its current struggling stage right now, to a $100k new ATH to me is a very high expectation. Never the less, nothing is actually impossible to happen in times of price surprise, but we should reduce our high expectations in order not to be regretful after making a wrong decision because of your huge predictions.
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bitterguy28
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June 03, 2023, 09:30:28 AM |
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The bitcoin price will have next halves in next year which is 2024.So we expect the bull run during the month of January to April of next year.Incase you like to get good profit from the bitcoin,you can have the habit of buying at all the dump till the next year.If you think the price of bitcoin with 28k dollar is high,how you can able to get profit at 50k and 100k next year.So trading is based on the manipulation and finding the right price to buy the bitcoin.The final combo for the profit is holding with some patience.
Halving in the past seasons have brought investors huge profit and yes i support about the idea of making its ATH in which expected to be 100k usd and even higher but some says their might be sideways this time as whales are seemingly planning to change the course this halving. But what is important to understand is that the more you keep holding is thr bigger chancr to earn with limit. Risk.
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Reatim
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June 03, 2023, 11:12:50 AM |
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Looking at the current market situation, of course we are pessimistic that the price can reach $ 100k in 2024, even though there is a halving day but in my opinion it is not a strong reason to be able to push to $ 100k, of course the price of $ 100k will not happen in a short time especially at the current price position around $27k, we'll see if the price until the end can reach $60k or not, if it doesn't reach $60k it will be difficult to reach $100k in 2024.
The market conditions at tus current moment has nothing to do with Bitcoin price for next year, this year might be bearish for the market but next year will be bullish because that's the start of the bear market that'll last to the end of 2025 as it did last time. you are wrong because this has something to do with bitcoin price in the next year , remember that this is the last year before halving and yes we will be in status related position as we are getting near the bull run. Bitcoin looks good when you zoom out the charts, it shows that Bitcoin can achieve $100,000 in the next bull cycle. As for the current situation of the market, we might have more correction but it wouldn't be as bad as the correction that happened last year..
another wrong because even if you zoom in or out ? the situation of bitcoin isn't that good comparing to what we have in the past years. Bitcoin has shaken off most of the sell pressure from traders and investor with short term goals now only a few of them are left in the market with those that are holding for the bull market to start next year and continue until 2025 when we'll have the peak of the bull season.
we must not pressured of what investors or traders do , because we must act on our own and with our strategy .
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YOSHIE
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June 03, 2023, 01:18:46 PM |
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65K Last year record price ever !
I think this year it might be full 100K Final bullrun for the coin.
12 Bitcoin Success Stories: Meet Bitcoin Millionaires, always inspires me to Bitcoin, there are interesting things that I read there, as said by @Kyle Davies. “If you don't understand crypto and refuse to learn, it's gonna be a tough century for you.”
There are many lessons that can be concluded about their story, whether it's speculation, prediction or investment in Bitcoin. Of their stories that I have seen, the statement below impressed me the most. We've all seen the charts and know the numbers: bitcoin has been the best investment of the past decade. But now we've seen how the numbers affect people's lives.
Here I can draw one conclusion, if you look at the ATH that has happened to Bitcoin with 65K and believe that it can reach $ 100k next, that something can happen and maybe it can exceed. So this is the real question to ask.So there’s only one question to ask.
Are you ready to start your crypto journey?
Have you bought/invested for now, before the $100k actually happens.....!
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fzkto
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June 03, 2023, 01:42:58 PM Merited by JayJuanGee (1) |
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In the last cycle after the halving in 2020 bitcoin made x20 from a bottom of 3k. If we assume the bottom was at 16k and take into account that each cycle gets less growth. For example that bitcoin could make 10x from the previous bottom, then the price could be 160k. But that will probably happen in 2025.
It would be amazing if Bitcoin could be at $ 160K in 2025 even though it is still beyond my personal reasoning even though you have revealed facts that have happened to Bitcoin in the past. But for now I would never envision such a big price on Bitcoin in 2025 which is a super bullish condition on Bitcoin with a market cycle that should really improve by then. Yeah I also hope that hopefully it can happen after 2024 is over. Why is 160K something fantastic? After bitcoin fell from 20K to 3K in 2018, many also thought the price would not recover again. Especially after it fell again in 2020. But a year later, in 2021 there was another crazy bull run. Those who had no doubts about bitcoin were able to make good profits.
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Tony116
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June 03, 2023, 04:11:12 PM Merited by JayJuanGee (1) |
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In the last cycle after the halving in 2020 bitcoin made x20 from a bottom of 3k. If we assume the bottom was at 16k and take into account that each cycle gets less growth. For example that bitcoin could make 10x from the previous bottom, then the price could be 160k. But that will probably happen in 2025.
It would be amazing if Bitcoin could be at $ 160K in 2025 even though it is still beyond my personal reasoning even though you have revealed facts that have happened to Bitcoin in the past. But for now I would never envision such a big price on Bitcoin in 2025 which is a super bullish condition on Bitcoin with a market cycle that should really improve by then. Yeah I also hope that hopefully it can happen after 2024 is over. Why is 160K something fantastic? After bitcoin fell from 20K to 3K in 2018, many also thought the price would not recover again. Especially after it fell again in 2020. But a year later, in 2021 there was another crazy bull run. Those who had no doubts about bitcoin were able to make good profits. For me, the $160k target is not too high for the next bull cycle, as I believe it will be a super cycle. According to my prediction, 2025 is also the time when the world economy recovers, along with the 4-year cycle of the market, that will also be another catalyst to create a super cycle. So the $160k goal is easily achievable, IMO. But many also have reason to think that won't happen. If you pay attention, you will see bitcoin becoming less and less profitable as it gets bigger and bigger. Bitcoin's returns are dwindling over time, but conversely, it's becoming safer. Therefore, it is tough to expect bitcoin to bring big profits like in previous years.
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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June 03, 2023, 04:42:28 PM |
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No problem.. I stand by the points that I made in my previous post, and I don't even disagree that it is possible for the BTC price could end up going down or to go down way, way, way below expectations and to stay down there in those abysmal price locations way longer than any normal mortal would have had expected (in order to continue to shake out weak hands), but again, it seems to me to bare repeating that even those folks who have fantasy expectations of BTC low prices (which I cannot remove you from my categorizing you in such a way from your last post that seems to double down on your earlier post) better make sure that those downity praying folks are NOT only preparing for DOWNity scenarios, and hopefully you and your fellow no coiner, low coiners are not overly preparing for down... and then kicking ur lil selfies later because you were too busy overly preparing for what seems to be Armageddon-like scenarios that are probably way less likely than you are expecting them to be.
I'm only talking possibilities and not 100% guaranteed scenarios, so I'm not at all preparing or worried for anything because I work for BTC, I get it instead of USD based on the conversion rates and that's it. Of course any one who is earning their cashflow through bitcoin is going to be faced with greater likelihood that they are going to be selling BTC on a regular basis, to the extent that they are likely not going to be able to source all of their spending in a circular economy kind of way. So, I am not really sure if the way that you consider your cash versus BTC exposure is going to be different from the overwhelming majority of people who have to figure out how to even get started in investing into bitcoin and building up a bitcoin position. On the other hand, even if you earn income in bitcoin, it is still possible that you might end up selling too much.. and I am not even going to proclaim to understand exactly how you are balancing the various individualized factors that each of us has to consider when we are investing into bitcoin which would be: our cashflow, how much bitcoin we have already accumulated, our other investments (including cash reserves), our view of bitcoin as compared with other investments, timeline, risk tolerance, and our time, skills, goals (investment/lifestyle targets) and our abilities to strategize, plan, research and learn along the way including tweaking strategies from time to time to consider trading, reallocating, use of leverage and/or financial instruments. And yes, downside will always remain a possibility because of the fact that whatever goes up, must come down (I guess Newton's law maybe?!)
Yes.. sure downside is always a possibility and a risk, and no things do not always go back down.. remember the guys saying bitcoin was going to go back below $200 in the late 2015 early 2016 time frame, and remember the guys saying bitcoin was going to go back below $500 in early 2017, and remember the guys saying bitcoin was going back below $1,500 in late 2018 and remember the guys in recent times (since about mid-2022) saying bitcoin was going below $10k (including uie-pooie currently making such ongoing DOWNity assertion) As well, I've come here 3 months earlier than you buddy (registration dates lmao)
I got involved into researching into BTC right around mid-November 2013, so my first BTC purchase was right around the date that you registered on the forum... so sure no problem to point out that we seem to have right around a similar timeline in bitcoin, even though surely we likely have differing life experiences and various other kinds of knowledge about the world, so I doubt that we should be attempting to place too much predictive power merely in terms of forum registration dates... but sure, glad to know that you have been around these here parts, and perhaps participating too.. I have not gone through your posting history.. and so I am not completely aware regarding how many times we might have had interacted in the past... I could look into it if you believe it is relevant or maybe if it becomes relevant - if we continue to "battle" on aspects of this topic.. maybe my memory will be jogged if we might have had some past battles on this topic or any other topic, I cannot recall off of the top of my head. So that extra experience speaks as well haha ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Hahahaha Extra experience? in what regards? You seem to be grasping at straws if you are trying to bring up some kind of a status in order to bolster your seemingly not so good proclamations in regards to your downity prayers.. It probably hurts your arguments, rather than helps. But what do I know? One last time, I'd again ask this: What the F is this dee cornz, man? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Oh? I guess that I missed the last time that you mentioned this as if it were a question.. I though that you were merely making a statement. The earlier time, I thought that you were saying that "dee cornz" does extreme things.. or something like that, even though you framed it as a question. It should be pretty obvious that there are a lot of ways to refer to BTC and "dee cornz" is one of the slang kinds of ways.. I doubt that I should have to explain any further than that. Is there something specific that you would like to know? It is possible that you may well not know what is "dee cornz" - especially since you seem to be preparing for downity, and you might not be sufficiently/adequately prepared for up, in spite your assertion to the contrary. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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1) Self-Custody is a right. There is no such thing as "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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