i remember they said by the end of summer 2022, bitcoin will hit 100k, and by the end of 2022 300k, that was all theory, the real world is a different thing, by the end of 2022 it was close to 15k which is 5 percent of the predicted price lol
It was $2.99 a pound in my area which is also on the west coast yesterday.i just saw a pic of a guy buying chicken breast in califronia 15$ per pound
That'd be nice...a little mini bull market and crash leading into low prices just before the halving. I'll probably take some profits if we reach 50k+. I have never sold crypto except once in Oct 2021 when I needed liquidity for moving cities.And this is what leads me to believe that it is the first scenario...A lot of bulls pumping the market with a lot of people on the sidelines waiting for that 18K, 14K, 10k. Now would be the perfect time to pump to a new ATH while everyone is waiting for the corrections.
Remember that whales holding, waiting for their targets to dump their bags don't want to dump at a point where everyone is expecting...Everyone waiting until the halving for the rise (like the usual course), would make for a perfect backdrop to push that amount up over the next 6-8 months before crashing the price back down heading into the halving - leaving everyone that was waiting on the sideline left with their mouths hanging open in a WTF moment.
Everyone thinking that btc can't possibly shoot that high within a very small time frame haven't been paying attention...At below 10k is when it shot up to 69k within 2-3 months without even a hassle. 100k is absolutely no problem, especially with the Sovereign Wealth Funds overseas waiting to dump 1-3% into btc alone once their regulations are finalized.
Right now, the only REAL manipulation that is happening in the market is being done due to the US govt...If they would finalize regulations it would clean out the industry within a year. They are leaving things as-is because market chaos is good for their fear-mongering business.
That'd be nice...a little mini bull market and crash leading into low prices just before the halving. I'll probably take some profits if we reach 50k+. I have never sold crypto except once in Oct 2021 when I needed liquidity for moving cities.
Do you have any thoughts on how regulation might affect btc vs alt ratios? What actually happens if BTC maintains its status as a commodity (no central issuer) while eth is classified as a security (has to register with the SEC)? I've read some BTC maxis saying that once alts are forced to disclose as much info as a normal security issuance, their prices plummet and btc gains even more dominance. I'm not so sure about this... what do you think?
Not sure who banned you my man or for what...You know you have no problem worrying about that when responding to anything I post.I'll keep quiet now, last time I tried to warn everyone before the crash I caught a ban for it....I know many here are very sensitive about their coins
Regulations of any kind are only going to help btc more than hurt it...O'Leary is on record numerous times discussing how the Saudi Sovereign Wealth managers are waiting on the sidelines until US has set proper regulations. Just 1-3% alone going into BTC will rock the market! Another 1-3% allocated to alts like ETH and other tier 2-3 coins. Like he said and it's true, these are not Family Hedge Funds, this IS where the real money is! Which is why he is also on record numerous times stating he has no problem with the current situation of the market because manipulation by others gives him the opportunity to build positions in other projects.
Most coins are gone once regulations hit...ETH is the only one that is getting the back and forth between the CFTC and SEC and whether or not that is a security. My thoughts are they are only going to be hit with a base fine for the initial offering but there are too many hands in that now, they'll label that with BTC I believe. But the XRP suit with the SEC right now is going to shed a lot of light on the future.
Not sure who banned you my man or for what...You know you have no problem worrying about that when responding to anything I post.
Yeah dude, none of us have a crystal ball and all sorts of things inside and outside of the crypto space can radically change prices and might be somewhat foreseeable or totally unforeseeable and anywhere in between. You definitely should not catch a ban for suggesting that the price might go down due to some informed prediction you might have; most people jerking each other off in the crypto space all greatly overestimated the impact of the ukraine/russia conflict on crypto markets and hugely underestimated the impact of rate hikes. So alternative opinions are welcome.haha K1 thanks brother, it was a long long time ago and I'm totally joking about...
We had a thread a long while back when BTC exploded that would have rivaled any pump and dump thread on any penny stock forum out there. I went in and told everyone to be smart and take your profits because it wasn't going to last, I was mocked for it as anyone trying to pump something would do. Then a couple months later after BTC had completely crashed I went back and told everyone to take a lesson from it. A mod which shall remain nameless who had obviously lost his ass on BTC told me to stay out of the thread. When I wrote back asking why exactly as I hadn't done anything and tried to smooth it out even PM'ing him directly....I caught a ban for it.
Fun times!
I am retiring if it does to 100k.. hahhahaha come on guys pump it so i can say goodbye to all of you... It will be good riddance for you all..haahahahahahToo many sellers will come out of the wood works if it goes up to 100k anytime soon. I think it goes up to low 30s in the short term, before dropping back down once Fed changes rates. People are pricing in a pivot, once that pivot happens air will be let out of the bag. And if it doesn't happen, it drops harder.
agreed so far it has maintained its 4 year cycle.. Hope this trend continues..Bitcoins follows a cycle due to the halving process, the next halving is March 18, 2024. So leading up to that date, probably 6 months prior Bitcoin will start the pump hard. It will peak, and can go quite high. Last time we saw the low of 4k go to the high of near 70k. This time we can see the low of 15k go to 100/200k. I honestly could see it going to 200k.
Keep in mind this cycle has proven correct every time, there is always a pump with the halving leading to a "crypto winter" after, which we are still in now.
If you are interested in this research the bitcoin halving process, it will give you a lot of insight.
It’ll hit $30k very soon.Is 30k out of reach????
I think K1 mentioned this, but think about banks going under and everything switching over to digital. Total control by Government with your money then and click your money can be frozen or lost. You can't hide crypto under your mattress. Some people think this is far fetched, but think about it if the Government is regulating it with total control.Couple more banks go under . I want it at 100k