Gold is up to new ATH, silver is up, BITCOIN IS BACK BABY!!!

[Bananington]

For me, it doesn't matter what kind of information you have a hold of right now, the main thing is that BTC is money and it is the future of how transaction and payments online will be concluded.
The ATH of BTC right now as compared to gold or dollar or any Altcoin is rather dumb and the most important thing to bear in mind is how the value of investment in it remains after the said duration without a promising loss, unless one intends to invest in gold which I have never come to know doesn't lose as much value after centuries unfolded.

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[panganib999]

I think I speak for everyone when I say we never saw this coming this early lol. I've even made predictions about the correction happening sooner than expected so might as well be wary with your investments, but at the same fucking time we get this massive news about bitcoin reaching 40k once again like dude, that's just amazing and surprising all at the same time lol. From here on out, we have no good idea as to what will happen to bitcoin anymore cause it's got no business being this unpredictable and yet it happens.

Anywho, just save up on bitcoins as much as possible I guess, don't worry too much about corrections or whatever the hell they're talking about nowadays cause that's clearly a little off the table now, and just be on the lookout for news and updates regarding bitcoin.

[Captain Corporate]

Honestly, its not a shocker, the biggest reason bitcoin was down was the hardcore interest rate hike, second was that we do have a 4 year cycle for sure, people may deny it but we do have it. This is why I believe that we are doing fine right now and its not a big deal. I get that you may feel that its not a big deal, but that 4 year cycle is real. In the end, I feel like we need to just realize what we are doing and we should just accept that its going to be pretty strong case for inflation to restart and so we see BTC getting higher, along with everything else. When you keep rising the interest, eventually people will stop seeing that as benefit and will want to get more, and the halving is around the corner as well, all points a new ATH for bitcoin soon.

[STT]

Dollar index is not especially weaker and it already failed to test 100 and decline below it properly, it bounced instead.   Be on guard that says to me.  However its also true DXY is just a measure of one FIAT vs another and they do literally all attempt to decline in perfect harmony to avoid any disruption to trade and so all money everywhere is likely worth much less.  No surprise, the prices arent going up purely from companies hating on their customers its partly nominal adjustment to lower value.
  I try not to celebrate too much on such things, I know gold up is like a red flag being raised on a forest fire unseen.  Damage is being done, people who worked hard did not get paid properly as inflation took their wages its hard to say we'll find a society better off when people find less reward in their work its dangerous really and disruptive to an economy.

[Essential10]

I agree that currently the Bitcoin price increase has taken the amount of profit that has made many happy. This is having an enabling effect on the entire crypto market and almost all types of crypto investments are giving good returns. Currently the correlation between Bitcoin price and traditional assets like gold and silver seems to be changing. This is definitely a positive sign for investors who will see a more diversified and balanced market ahead, where multiple assets are increasing in value together. This can reduce overall risk and create more opportunities for investment growth. It's always exciting to see the potential for new ATH in the crypto market, and the current trend is certainly promising for investors across asset classes.

[EarnOnVictor]

You are funny OP, all this for the moment?

Well, it could be worth it at times especially when the expectation is high and critics are being put to shame. I've never had any doubt about Bitcoin and I know all should always be well with it afterwards. And since this is the bullish season of the coin, I know that anything can happen, but must be positive news overall.

Gold has had a very brilliant year and has created multiple ATHs this year, the last one was just this week as it hit the ever ATH at $2135+. However, I don't update myself often about silver since I do not like the way it moves, but possibly, it must have hit its ATH as well. Nothing should be stopping Bitcoin from hitting its ATH as well. I believe the level should be hit in the next 6 months.

[AprilioMP]

Hang on to your butts!!! Put your seat belt on! Grab some popcorn and a drink because we have quite the show ahead of us folks!

We are headed into 2024 in less than 30 days now, headed for a new election, headed for a future that could ential WW3, the fall of USD, the rise of BTC as the new world reserve currency or a new world reserve currency?  Possibly a new fabricated pandemic to try and steal more freedoms away? Good Lord I hope not! But nobody knows, and one thing is for certain:We must remain vigilant and steady! Use this time to prepare and get a stronger footing because what is coming is going to shake the entire ecosystem

I will persevere even though this feeling makes me fight the situation a little.
Being hit by waves and hit by storms is a challenge but I'm sure we will reach our destination.
They thought that my seat belt wasn't very strong so it was very likely to come off, but they never knew the quality of the seat belt material, it was made of steel which wouldn't break in fire and wouldn't break in flood.

To make me take off the belt, they try to send hot girls with sexy looking bodies. Even though my legs were shaking, I still wouldn't take off my seat belt until I could experience this interesting spectacle.
Not gold but Bitcoin. I don't want to let it go. Bitcoin oh Bitcoin, you are too precious to me. oh my Bitcoin wait until the moon comes.

Like the song that was created, it resembles my feelings reading your post.

FUD will continue to be thought to be spread to cause the market to experience a price collapse. But I think that when the time comes for Bitcoin to reach its highest price, it will not stop.

[el kaka22]

This type of hype is for real something we really needed. I understand that it may not feel like it's a big deal at the moment, but that doesn't mean that we are not going to end up with something that would be unrealistic expectation, because bitcoin could balloon up very soon. We should be happy to be hyped, not worried to be hyped, let the people like OP be super crazy about the price and just be happy that they are right about it.

Bitcoin is doing wonderful job right now and I believe that it is going to keep growing more and more and more. I understand there is a limit to that, and maybe we will not find that just yet, maybe we haven't hit that just yet, but eventually we may end up finding that eventually. This is why we need to end up with something that could result with a much greater return, and for that to mean something we need to end up with an issue where it is not going to be fear that drives us, it should be purely greed that drives us at the moment.

[umbara ardian]

The current excitement surrounding the bull market is undeniable, and it's easy to get caught up in the euphoria. While Bitcoin's recent price surge is certainly positive, too much focus is placed on it. Conspiracy theories and exaggerated narratives surrounding the future of Bitcoin are often used to manipulate the psychology of inexperienced investors and those prone to FOMO.

As a seasoned investor, we understand the cyclical nature of financial markets. The current bullish sentiment may be followed by a period of gloom, but this should not affect your long-term investment plan. Instead, it's essential to remain disciplined and focused on your individual goals and risk tolerance.

[Altryist]

Honestly, its not a shocker, the biggest reason bitcoin was down was the hardcore interest rate hike, second was that we do have a 4 year cycle for sure, people may deny it but we do have it. This is why I believe that we are doing fine right now and its not a big deal. I get that you may feel that its not a big deal, but that 4 year cycle is real. In the end, I feel like we need to just realize what we are doing and we should just accept that its going to be pretty strong case for inflation to restart and so we see BTC getting higher, along with everything else. When you keep rising the interest, eventually people will stop seeing that as benefit and will want to get more, and the halving is around the corner as well, all points a new ATH for bitcoin soon.

Since states are tied to gold and foreign exchange reserves, then with an increase in printed money (even though gold reserves remain unchanged), inflation will always increase. I don't see anything surprising in the fact that inflation continues to rise, in fact the price of gold is rising, but this is due to an increase in the money supply. And since Bitcoin has a limited emission, the increase in the price of Bitcoin is a logical process that I have been waiting for for a long time.

[soramon]

I want my baby back baby back baby back!!! Chilllllllissssss babyyyyyy back ribbbbbsssssss (iconic chili's commercial)  Bitcoin is back baby!!!


OH YEAH!!!!! (Koolaid man) Bitcoin is coming back and it feels so good!  But not so good for those baby back B!t$#es who were too FUD bustered to HODL and buy some more.

Hang on to your butts!!! Put your seat belt on! Grab some popcorn and a drink because we have quite the show ahead of us folks!

We are headed into 2024 in less than 30 days now, headed for a new election, headed for a future that could ential WW3, the fall of USD, the rise of BTC as the new world reserve currency or a new world reserve currency?  Possibly a new fabricated pandemic to try and steal more freedoms away? Good Lord I hope not! But nobody knows, and one thing is for certain:We must remain vigilant and steady! Use this time to prepare and get a stronger footing because what is coming is going to shake the entire ecosystem

it's true, we don't know what will come next year, whether there will be covid part 2 or world war, we won't know, everything can happen, buy inflation-resistant assets such as bitcoin or gold because both of them are resistant to economic shocks, especially bitcoin, that's more easy to carry anywhere just remember the 12 word phrase we can secure our assets can be liquidated anytime and anywhere buy bitcoin now

[Mate2237]

...Put your seat belt on! Grab some popcorn and a drink because we have quite the show ahead of us folks!

Why will I put my seat belt on? Is it (Bitcoin) going to be speedy that we are going to fall down from the moving train or the vehicle? Well I understand your slang. But trying to convey some meaning from it. It is good to fill up our wallet with enough Bitcoins so that billionaires will be made in the All Time High.

We are headed into 2024 in less than 30 days now, headed for a new election, headed for a future that could ential WW3, the fall of USD, the rise of BTC as the new world reserve currency or a new world reserve currency?  Possibly a new fabricated pandemic to try and steal more freedoms away? Good Lord I hope not! But nobody knows, and one thing is for certain:We must remain vigilant and steady! Use this time to prepare and get a stronger footing because what is coming is going to shake the entire ecosystem

Of Bitcoin becomes the new world currency then we will be jubilating because the present economic situation in the world is very bad that the poor are suffering. And the cause of the problem the rise of dollar. Americans are very happy that their currency is rising against other currency while the other countries citizens are crying because of the inflation level against them. And if Bitcoin over take usd then the world will be stable.

[Ojima-ojo]

Well well, I am so prepared for a trilling experience this time around, it is like someone who have worked so hard all the day, or all through the days of the month, at the ending of the month, the company he or she has been working for will pay him, this is exactly how I feel right now. Many of us have worked really hard in the bear season, and right now that the bulls are coming, it's pay time, and I can't wait to see bitcoin reach a new all time high, which this time should be from $120,000 and above, I am so eager to see the look on the faces of bitcoin haters who have tried all they can to destroy bitcoin all this year, it would be so so amazing and I can't wait.

[MFahad]

Bitcoin is going to pump more in coming year so it will change the economy of most of the individuals and all those countries which accepted bitcoin earlier. In crypto market news are coming but there is no information about its accuracy so all those who are examining the market earlier will never extravagate because they know about fact and reality.

People who invest some amount in gold will also have benefits because gold price is increasing as that of bitcoin but enhancement in bitcoin is more quicker as compared to the price of gold and silver. Negative news are coming but there are also some news like halving so they can cause an increase in the price of every asset and we should grab more and more bitcoin as we can because there is a coming Bull season and we have to take benefit from it.

[shawonngp]

I can feel the enthusiasm reading the first post. Yaaaa!! Its Baaaacckkk!

Gold doesn't have a limited supply but it still goes up more than 50% already. BTC however is becoming more meanstream as more investors from macro institutions on TV praise BTC than Gold for its limited supply. They know the halving is coming you could already see the money want and the ETF drives them to invest.

GOLD supply is not limited this true but not too much in the market, of course it's demand is huge then supply so it's price increasing day by day.
It's price very close to 1000$ in my country I am sure it price will rapidly increase in 2024 more than last year. Btc is also highest increased in this year, Halving is very soon it might be main reason.

[tread93]

My man tread93, you sound like you're in a serious state of euphoria right now--ain't bull markets great? 

I haven't heard anything about a new pandemic, but news tends to make its way very slowly into my realm and I'll have to check that out.  You mentioned silver rising, and as I own some that's always pleasant to see, but I think gold has gone up even more.  I can't remember the high back in 2011, but I think the price it's at now surpasses that.  Crazy, crazy, crazy.

Anyhow, glad to see you in such a good mood.  Let's just hope there's a trend here and bitcoin's rise isn't some sort of fluke.

Yes Sir! It is a great time to be alive and breathing and seeing all of this transpire right before our eyes. I always see more so serious posts on here so I thought it would be fun to shake things up a bit and add some enthusiasm. Gold is definitely passing silver rn in terms of profit but BTC trumps all of them for sure! Definitely think all this sudden movement has everything to do with the ETF but hey i'm not complaining about it.

[Latviand]

Well well, I am so prepared for a trilling experience this time around, it is like someone who have worked so hard all the day, or all through the days of the month, at the ending of the month, the company he or she has been working for will pay him, this is exactly how I feel right now. Many of us have worked really hard in the bear season, and right now that the bulls are coming, it's pay time, and I can't wait to see bitcoin reach a new all time high, which this time should be from $120,000 and above, I am so eager to see the look on the faces of bitcoin haters who have tried all they can to destroy bitcoin all this year, it would be so so amazing and I can't wait.

This is probably a perfect description of how many of us feel especially those that have racked their brains and worked their asses off to get paid so they can invest in bitcoin and increase what they currently hold. Hopefully I can squeeze in more money to buy myself more bitcoins and hopefully get more profit, I have an unrealistic target price so I don't mind buying right now, I do hope though that you're silver tongue works like a charn and bitcoin really does reach that or even much higher. I don't know if I would agree with your actions against the haters though, it feels like an unnecessary action to me, let them stew in their hateful echo chamber while we bask in riches and reap our profits in peace.

[The Sceptical Chymist]

I don't know about y'all, but when everything is up (including stocks, which weren't mentioned much here) it kind of scares me.  That tells me that there's too much money floating around and people are speculating instead of investing for the long term.  It's great that bitcoin is up a lot, and I would not be shocked to see it head past its ATH, but as I've written a million times I don't want to see it go up too fast. 

And I'm still waiting for a huge stock market crash that never seems to come.  Bull markets can last a long time, but Jesus....it's been what, a decade-and-a-half now?  And on top of that, gold is at or above its ATH and silver is creeping up as well?  I don't know, all of this makes me nervous.  I've got my party hat at the ready, but I'm reluctant to put it on at the moment lest I jinx all the markets.

[Fiatless]

We are headed into 2024 in less than 30 days now, headed for a new election, headed for a future that could ential WW3, the fall of USD, the rise of BTC as the new world reserve currency or a new world reserve currency? 

The approval of Spot Bitcoin ETF will affect the price of Bitcoin more than the results of the US election. So I am more concerned about SEC approval than the US elections. It will take many years for Bitcoin to unseat the USD as the global reserve currency because the world economy is deeply dollarized. Although we cannot predict the future, I doubt that there will be World War III because the world power knows the devastating consequences of such an event.

Possibly a new fabricated pandemic to try and steal more freedoms away? Good Lord I hope not! But nobody knows, and one thing is for certain:We must remain vigilant and steady! Use this time to prepare and get a stronger footing because what is coming is going to shake the entire ecosystem

Another pandemic will cripple the already fragile world economy. For us that are in the Bitcoin space,we have to keep hodling not minding the FUD that these predicted events might generate. This is because Bitcoin will always overcome every global financial crisis.

[Sim_card]

Bitcoin price pump is something that surprises me, because within few weeks, we saw a high price. This shows that next year will be a good tear for bitcoin because there will be events that will skyrocket the price because currently only the awareness that the halving and bitcoin ETF approval has pump the price to 43k+ and I think that we will be able to see 45k price by the ending of this year. U don't think that gold has ever being as bullish as bitcoin within a short period of time. It is good to see that bitcoin price will hit a new ATH because we have seen the proves from the way the price has started pumping recently.