Swordsoffreedom
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November 30, 2024, 02:15:58 PM |
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Absolutely not, not even close. I welcome anyone who thinks the top is in to just sell their coins, we welcome it because it's cheap coins that we buy and then we can wait for it to increase and should be doing better later on. If you think the price won't go any higher, then you could end up with something much bigger and better later on when we hold it and all the people who sold will regret their decision later on.
You can buy bitcoin whenever you want, you don't have to wait for OP or anyone to sell bitcoin because they think bitcoin has top is. The cryptocurrency market is open 24/7 and there are always enough bitcoins for us to buy. I don't see any problem with who selling bitcoin because that may be their goal but I am not happy with OP claiming that bitcoin has peaked without providing any data or evidence to back up his claim. Bitcoin is unpredictable, everyone has their own vision and goals, we don't need to teach others what to do. I am not saying that this should be a simple move, of course it takes time but we need to make sure that we know what we are dealing with, otherwise it won't be that simple and it will have plenty of issues as well. This is one of those situations, and I believe we are going to go up a lot more, possibly 2x more as well.
I still believe that history will repeat itself so I believe this is just the beginning. I agree with you, it is too early to talk about selling and bitcoin can double its current price.
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xbartoni
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November 30, 2024, 02:39:29 PM |
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Do you have anything to back up what you say, other than that you think so and that's it? It sounds to me rather like a futuristic prediction based on your intuition that is about as reliable as if you had consulted the tarot cards.
We all know the world has been in an economic crisis right after the covid -19, but to say that the recession in the UK led to depression sounds somewhat out of imagination and wishful expectations, he has no link and nothing to back up any claims other than just making them and if I were you, you shouldn't take such statement serious because most of all ops that make such statement are mostly newbies who just want to create topics but don't know the proper way to go about formulating their topics. Although Bitcoin is immature in the global season after the Corona pandemic, it has added its highest ATH of $99k to its current position through various cycles. Many predicted that if Trump wins the US election, Bitcoin will create a new beginning of victory, I have seen that Bitcoin is achieving an unimaginable success in the world through Trump's victory. This is because the world thinks that Trump will be very interested in Bitcoin, so everyone, especially the United States, is showing more interest in Bitcoin investment and people are leaning towards Bitcoin day after day. I think that no matter what happens in the world, Bitcoin will continue to add new ATH as usual through a bullish cycle.
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Lucius
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November 30, 2024, 03:25:21 PM |
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Summary: Here is the top on Bitcoin. Europe will have a massive recession that might (will most likely) spiral into a depression. It will be dubbed something like the Eurocrisis. Celebrating its anniversary. The purpose of which is to unite (enslave) the EEC under a common economic policy. Goodluck!
Children should be playing in the sand or something similar, not watching stupid conspiracy theorists who fill your brain with nonsense based on a very vivid imagination. It's just very funny to me that most of those who write things like this sell everything they have and pay dearly to be smuggled into the EU where they think they can achieve all their dreams. Will OP show up when the price of BTC crosses $100k - or when none of his doom&gloom theories come true?
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STT
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November 30, 2024, 07:28:55 PM |
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Not Bitcoin but last year 2023 the general market was predicting a recession and failure, the reason being high inflation then the rise in interest rates. It could have easily resulted in a recession but none was seen in most places, that alone was bullish and a reason to be buying in general also in BTC it applied.
I would have to weigh in and say comparatively everything done by central banks for over a decade now has been very easy money. What will result is inflation now, in future and probably ongoing until a collapse. The old stance was to protect the worth of money but we're nowhere close to that policy now, hence no recession because government records any inflation as a minor negative as cost to avoiding recession. Also you should just not believe everything you are told, if they say inflation 2% it can easily be 4% for a person individually as everyone's costs vary.
The 100k pricing for BTC in 2024 is not the same figure of 100k in 2014 or even more recently from 2020 onwards the figure is worth less every year. People discuss 1 million as a high figure but the reality of inflation is everyone on this thread holding BTC will become a millionaire due to the ever declining worth of the currency. The cheapest YEN note is 1000, thats the end game for western currencies we'll get high figures but also it wont actually be as big as it appears now.
Stating all that, accepting the bias towards inflation then telling us BTC top is in is out of sync. It'll likely go much higher before any top imo and its not hard to predict that especially, precisely where Im not sure.
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noormcs5
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January 07, 2025, 05:50:26 PM |
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Not Bitcoin but last year 2023 the general market was predicting a recession and failure, the reason being high inflation then the rise in interest rates. It could have easily resulted in a recession but none was seen in most places, that alone was bullish and a reason to be buying in general also in BTC it applied.
Yes, I am hearing for the last few years that next year would be the year of recession. Even in 2023, when people were calling 2024 there will be recession and it will be bad for the markets, but nothing of that sort happened and bitcoin touched 108K. Now again, people are speculating about 2025, i think we don't need to put too much stress on these predictions. The best scenario that i can relate is that 2026 could be the real recession year and also it will be a bear market year where bitcoin may find the bottom too.
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OgNasty
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January 07, 2025, 08:09:46 PM |
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Saying the top is in after only a week of the year is pretty wild. I don’t believe it. I’ll be downright shocked if we don’t at least see a 30% higher top from here. If fomo goes full retard we could see a Bitcoin price higher than anyone is expecting. That’s the timeline I want to be in, so I’m saying Bitcoin to half a milly in 2025.
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coolcoinz
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January 07, 2025, 08:29:06 PM |
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Everything could crash at any minute because there are higher powers pulling the strings. Remember how we crashed hard because people heard about a pandemic and went nuts? If they found a way to assassinate Trump, or blow up BlackRock's offices, or nuke the US, you'd see a crash and that's something you all have to take into account.
The deal is that good assets will always come on top sooner or later, which is why I hold bitcoin. Whatever happens it's just a delay and we will be back on track in a week, month or year. If you're afraid to hold it, maybe it's not for you. Most people never invest in anything and spend their whole lives holding money on a bank account with 2% interest.
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Doan9269
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January 07, 2025, 08:42:37 PM |
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Summary: Here is the top on Bitcoin. Europe will have a massive recession that might (will most likely) spiral into a depression. It will be dubbed something like the Eurocrisis. Celebrating its anniversary. The purpose of which is to unite (enslave) the EEC under a common economic policy.
Goodluck!
Maybe this is how you feel, but doesn't have to be the actual situation on ground, the world economy in general is challenging and the more we are too focused on the changes coming through them, the more being disappointed we becomes except we check in to look for an alternative, such as we have in bitcoin adoption, which is a digital decentralized currency, they knew about it, but wouldn't want to adopt in mass because of the nature of being unregulated, let every region of the earth take full responsibility for their economy collapse of increase as the case may be, if they develop from it, that is their luck for taking the right moves.
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STT
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January 07, 2025, 08:57:30 PM |
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I did think the reversal seen today is bearish. I dont go off any news especially just the basic long term rule I would keep for a failed move. Today we appeared to be breaking upwards, during the day today BTC price action has reversed back down and doing so in this place especially could prove significant.
Same is true inversely, a failed move downwards that corrects itself back up is a hidden positive and be on the blocks ready for it to take off. Of course nothing is ever for sure!
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justdimin
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January 07, 2025, 09:05:32 PM |
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Not Bitcoin but last year 2023 the general market was predicting a recession and failure, the reason being high inflation then the rise in interest rates. It could have easily resulted in a recession but none was seen in most places, that alone was bullish and a reason to be buying in general also in BTC it applied.
Yes, I am hearing for the last few years that next year would be the year of recession. Even in 2023, when people were calling 2024 there will be recession and it will be bad for the markets, but nothing of that sort happened and bitcoin touched 108K. Now again, people are speculating about 2025, i think we don't need to put too much stress on these predictions. The best scenario that i can relate is that 2026 could be the real recession year and also it will be a bear market year where bitcoin may find the bottom too. I feel like that won't be in 2025, we have been hearing about it all the time but it doesn't happen and it didn't and it looks like it won't. This has to be the most important part and I believe we can definitely be the most crucial part of why I believe it won't happen. I get that it is not looking that easy because inflation and lowering of interest will combine into a recession and that's what we believe for the longest time, but that is not the case right now. Recession is not going to happen because there is a lot of money to be made on the market right now and that's why I believe that recession won't happen and expansion will happen and that will be the most important part. I think the best part to move right now is buying up stocks if you are into that, but I will stick with crypto.
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AmoreJaz
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January 07, 2025, 09:17:20 PM Last edit: January 13, 2025, 06:52:47 PM by AmoreJaz |
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I did think the reversal seen today is bearish. I dont go off any news especially just the basic long term rule I would keep for a failed move. Today we appeared to be breaking upwards, during the day today BTC price action has reversed back down and doing so in this place especially could prove significant.
Same is true inversely, a failed move downwards that corrects itself back up is a hidden positive and be on the blocks ready for it to take off. Of course nothing is ever for sure!
In this market, the movement is quite fast so you can really get some profits if you got lucky with your buying/selling tactic. However, this is a tedious task as you need to watch the market. If you don't have that time, you can just invest long-term and monitor the price regularly, not the minute-by-minute or hourly tracking of price. It will take a toll on you if you will not have some breaks when you will venture this kind of activity. Weigh the impact of this activity, not only on your financial aspect but as well as on your mental health side of things. You will thank yourself later on if you won't bring yourself to health jeopardy.
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pawel7777
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January 07, 2025, 11:05:49 PM |
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EU in its current shape is a failed project and it has been on the decline for quite some time now, i.e. either not growing, or growing significantly slower than the other major players in the world. I've heard some predictions of a recession looming in 2025, but I don't think it would be limited to Europe, it might be a global thing. As for the EU, there seems to be a little pushback regarding their green agenda recently, if they were to relax their policies and allow the energy prices to go down, we might even see a small boost to the economy.
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danadc
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January 08, 2025, 03:39:38 AM |
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I've heard some predictions of a recession looming in 2025, but I don't think it would be limited to Europe, it might be a global thing.
This recession is something that has been talked about since 2020, but due to pandemics and wars, they have managed to maintain strong currencies, so how to protect ourselves against these things if they happen? With gold? Maybe, but gold maintains its value, while bitcoin increases the value of our investment and it is the only one in the world that can do it. I don't know of any other type of investment that is like that, for me there is no other and if there is, it probably Doesn't have all the history that the bitcoin market has experienced.
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$weetne$$
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January 08, 2025, 09:55:41 AM |
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Saying the top is in after only a week of the year is pretty wild. I don’t believe it. I’ll be downright shocked if we don’t at least see a 30% higher top from here. If fomo goes full retard we could see a Bitcoin price higher than anyone is expecting. That’s the timeline I want to be in, so I’m saying Bitcoin to half a milly in 2025.
30% is small in my opinion because I think we should be seeing closer to $150,000 or more than that before the top of the market gets reached. Therefore let say Bitcoin is currently at $100,000 for reference we should be seeing a price of around $130,000 based on your prediction and I think that is too small. We can not be seeing the top now and neither was the top created last year as I see that this thread was created last year so the OP would had been referencing the top as when Bitcoin go a new highest price last year. The top should be around the ending of this year or early next year depending on how well the market is bullish because when the market gets too bullish, we might have some overflow to next year but when it is not very bullish, the bull market ends this year.
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pawel7777
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January 08, 2025, 10:21:05 PM |
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This recession is something that has been talked about since 2020, but due to pandemics and wars, they have managed to maintain strong currencies, so how to protect ourselves against these things if they happen? With gold? Maybe, but gold maintains its value, while bitcoin increases the value of our investment and it is the only one in the world that can do it. I don't know of any other type of investment that is like that, for me there is no other and if there is, it probably Doesn't have all the history that the bitcoin market has experienced.
You can make a solid arguments for why Bitcoin should be perceived as safe haven for investors during the recession and other hard times, but at the end of the day, it's not going to work if the market doesn't see it that way. Yes, it goes up in the long run (just like most of the assets/indices) but it failed to decouple itself from traditional markets and often gets hit much harder than stocks when there are some negative news regarding the economy. Nobody will be "protecting" their money by putting it into something that could tank much harder than traditional assets and then wait for 4 years for it to rebound. And the current returns on Bitcoin are not as high as many might think and very much depend on your entry price. If you got in at the top of the previous cycle and managed to sell at the new ATH of $108k, you'd only make around 15% a year, which is less than the S&P 500.
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STT
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January 08, 2025, 11:56:46 PM |
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Recession is not the biggest enemy (to common worker and vast population majority), its the constant inflation hence why BTC is an aid with avoiding over reliance on Dollars in all your currency holdings. We can be fairly certain they will not be able to solve inflation, its just a repeat story regardless of who is winning whatever election. A great depression yes obviously is a big failure but recession isnt so dangerous (or irrecoverable) that it could justify the monetary policy assumed by government that has led to so much inflation & resulting in poor workers across the nation. So BTC is the best choice, the price varies for various reasons and I would guess this year remains positive regardless.
I still think a top here is not the most likely outcome but a pullback beyond the current lows may occur. Todays low like has been true since mid Novemeber is 92k and it was the peak in early November, market will decide strength around that pivotal price I think. How its handled will answer the OP as right or not.
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► | .....INSTANT..... WITHDRAWALS ...UP TO 30%... LOSSBACK | │ |
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JeffBrad12
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January 09, 2025, 04:40:44 AM |
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This recession is something that has been talked about since 2020, but due to pandemics and wars, they have managed to maintain strong currencies, so how to protect ourselves against these things if they happen? With gold? Maybe, but gold maintains its value, while bitcoin increases the value of our investment and it is the only one in the world that can do it. I don't know of any other type of investment that is like that, for me there is no other and if there is, it probably Doesn't have all the history that the bitcoin market has experienced.
finding hedge against inflation or recession is difficult, you need to know how bad the recession or economic crisis is, a bond or bitcoin can be a good hedge inflation, but put market in a really bad recession and these two will more likely to lose value, same with gold, it's good store of value in recession but give it food crisis everybody would dump their gold for food. the only way to find out which one is good enough in my opinion is to see if recession is happening for real and still at early stage, seek some asset that still going strong and maybe reallocate some of our portfolio to that. it's really hit and miss when we're in recession.
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danadc
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January 09, 2025, 04:10:28 PM |
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And the current returns on Bitcoin are not as high as many might think and very much depend on your entry price. If you got in at the top of the previous cycle and managed to sell at the new ATH of $108k, you'd only make around 15% a year, which is less than the S&P 500.
Yes, but that's the only reason it's the investment that gives the most profit. It's very difficult to achieve that percentage for any other investment. Leaving the money in another investment can't be felt as much as it is with BTC. I'd rather buy BTC a thousand times than have the money in a bank where I know it's not going to do anything. The return doesn't even reach 5%. I don't know to what point another investment can be greater or with more profit advantages than BTC, but I haven't achieved it. Maybe I could put money into other alts that suddenly go up to 5.10x, but it's a lot of risk. I see more long-term returns with BTC than any other investment.
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Zaguru12
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January 09, 2025, 04:27:44 PM |
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And the current returns on Bitcoin are not as high as many might think and very much depend on your entry price. If you got in at the top of the previous cycle and managed to sell at the new ATH of $108k, you'd only make around 15% a year, which is less than the S&P 500.
I don't know to what point another investment can be greater or with more profit advantages than BTC, but I haven't achieved it. Maybe I could put money into other alts that suddenly go up to 5.10x, but it's a lot of risk. I see more long-term returns with BTC than any other investment. The thing is when talked about bitcoin been profitable many people usually relates it with assets or coins which actually goes up more in percentage than bitcoin but this is actually just for a short period of time like a year or less and yes it is true that bitcoin cannot compete with this assets over this short period of time due its reduction in volatility which to me is the biggest advantage of bitcoin because this low volatility sometimes save its from unnecessary risk that comes with the most volatile asset. Investment into bitcoin should be treated or rather should be for those looking long term holdings, imagine someone who got him around 2022 when it was $16k such person will have had 6x of his return even if their are yet to take profit over this two years. I don’t see many of this coins keeping this price after such a pump most are simply pump and dump
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