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Old 02-15-2013, 11:41 AM  
ChiefRocka ChiefRocka is offline
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Bitcoin Take?
The natural evolution of money is Bitcoin

https://twitter.com/thebtctherapist/...035052024?s=46
Last edited by ChiefRocka; 11-13-2024 at 06:11 AM..
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Old 02-19-2021, 09:11 PM   #2281
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I put $1000 2 weeks ago into btc and another $100 a few days ago...already up to $1580+.

Wish I wouldn't have been so bullheaded and got into it when I first heard about it years ago.

I'd like to invest more but at this point I'm not sure if there's any point, I mean how much higher could it possibly get? It went from $33k to $56k in two weeks...there has to be a correction at some point, right?
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Old 02-19-2021, 11:19 PM   #2282
Stanley Nickels Stanley Nickels is offline
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You guys have to get over this confirmation bias. Why can't BTC go to $80,000? Because it never has before? Would you have said there's no way it could get to $50k when it was at $20k 3 months ago? All time highs are ATHs until they're not. This thing will be 100k in the next year or two at the latest.
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Old 02-19-2021, 11:23 PM   #2283
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Old 02-20-2021, 10:37 AM   #2284
scho63 scho63 is offline
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Would it be better for leverage and potential growth to sell Bitcoin and roll into Etherium?

Just curious for you BTC holders
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Old 02-20-2021, 10:46 AM   #2285
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Quote:
Originally Posted by scho63 View Post
Would it be better for leverage and potential growth to sell Bitcoin and roll into Etherium?

Just curious for you BTC holders

i'd just hodl and be patient


remember that there is a finite amount of btc so value will keep rising
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Old 02-20-2021, 10:47 AM   #2286
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Originally Posted by candyman View Post
I put $1000 2 weeks ago into btc and another $100 a few days ago...already up to $1580+.

Wish I wouldn't have been so bullheaded and got into it when I first heard about it years ago.

I'd like to invest more but at this point I'm not sure if there's any point, I mean how much higher could it possibly get? It went from $33k to $56k in two weeks...there has to be a correction at some point, right?

yeah, there will be an inevitable dip. maybe not all the way back down to 33k, but there will be one. just wait for the next big dip and then buy.
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Old 02-20-2021, 11:07 AM   #2287
Jewish Rabbi Jewish Rabbi is offline
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Quote:
Originally Posted by scho63 View Post
Would it be better for leverage and potential growth to sell Bitcoin and roll into Etherium?

Just curious for you BTC holders
No one knows. I think the best strategy is to have exposure to both.
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Old 02-20-2021, 01:52 PM
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Old 02-20-2021, 01:56 PM   #2288
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yeah, there will be an inevitable dip. maybe not all the way back down to 33k, but there will be one. just wait for the next big dip and then buy.
Microstrategy Raises $1.03 Billion to Buy $2,000 Bitcoin Per Second

That should bring considerable buy pressure, with bitcoin rising to $57,500 today in part presumably due to saylor bot which now is probably in action.

https://www.trustnodes.com/2021/02/2...oin-per-second

Stack to flow graphs/predictions are still maintaining $100K in September.
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Old 02-20-2021, 02:00 PM   #2289
BWillie BWillie is online now
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Originally Posted by eDave View Post
Microstrategy Raises $1.03 Billion to Buy $2,000 Bitcoin Per Second

That should bring considerable buy pressure, with bitcoin rising to $57,500 today in part presumably due to saylor bot which now is probably in action.

https://www.trustnodes.com/2021/02/2...oin-per-second

Stack to flow graphs/predictions are still maintaining $100K in September.
I said I was selling and laying around at 50k but I just cant get myself to do it. This hype is unreal and we are going to see 100k eventually.

I'd rather be wrong and btc go back to 20k than to sell now and bitcoin go to 125k or something.

BUT...what about if this is the strategy...

Last edited by BWillie; 02-22-2021 at 01:10 PM..
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Old 02-20-2021, 02:03 PM   #2290
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I said I was selling and laying around at 50k but I just cant get myself to do it. This hype is unreal and we are going to see 100k eventually.

I'd rather be wrong and btc go back to 20k than to sell now and bitcoin go to 125k or something.

BUT...what about if this is the strategy...
Why don't you just draw off your stack monthly?
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Old 02-23-2021, 05:32 AM
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Old 02-23-2021, 12:23 PM   #2291
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Here’s the dip people were waiting for
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Old 02-23-2021, 01:50 PM   #2292
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Here’s the dip people were waiting for
Yeah hippies ruining bitcoin now that they are figuring out the electrical costs that go along with bitcoin. This is what I was always afraid of. BTC has had positivity from dems for a while even though its a libertarian ideology. I just dont think they fully understood it. How much environmentalists and the media pushes this agenda could prove big for bitcoin. The reason why its risen so much is large companies have started investing. If pressure from hippies make them explain to their shareholders that its too negative PR to invest then they wont do it and the hype train slows way down. Everything costs money to produce so this is kind of annoying but part of the reason btc uses the amt of electricity it does is to reward mining appropriately.
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Old 02-23-2021, 01:56 PM   #2293
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We need to make a sustainable energy system that powers a ton of computers to mine Bitcoin and ethereum and then let it be.

If I were a farmer, I’d put up a bunch of wind turbines just for that.
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Old 02-23-2021, 04:40 PM   #2294
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Square just bought the dip to the tune of 170M of Bitcoin. It's not 1.5B like Tesla, but better news than none.
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Old 03-03-2021, 04:14 PM   #2295
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Big run. FYI.
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