BITCOIN Discussion..........

[Archie]

should be about 14,500 after Xmas..

small but then.

but will be capped at 33-38,000 and them down to zero around 2029

 

[Ace7550]

I have seen others reference this cycle before. What is the reason for the swings? Obviously doesn't happen just cuz. And with how well known the cycle is, seems like the market would do some reverse psychology on itself? I use bitcoin, but am not a trader or analyst of it. Feels like big time investors would just time the market within a reasonable range. Maybe they do and it becomes a self fulfilling prophecy?

Has a lot to do with the halving. I agree. The cat is out of the bag. But I will keep investing according to the cycle until it breaks. I think self fulfilling prophecy also probably true.

 

[jjgold]

The big holders play games somehow

dump high and then comeback as a group low and lures squares back for more punishment

 

[Wagerallsports]

We got some fighters out there trying to keep it at 87 to 88

 

[flyingillini]

should be about 14,500 after Xmas..

small but then.

but will be capped at 33-38,000 and them down to zero around 2029

Conviction is the key here. Haha Saylor lost me when he started talking about “conviction”. He is like a Benny Hinn

 

[canuckg]

should be about 14,500 after Xmas..

small but then.

but will be capped at 33-38,000 and them down to zero around 2029

Give me over 38k at xmas for the max!

 

[jjgold]

Nobody knows when the bottom is you could chase and lose everything

 

[flyingillini]

I own a lot of crypto. However , I am ok with it going to 0 or sky rocketing. I rather be in it than not, just in case. I do believe 100% that Michael Saylor is a fraud. He was a crook years ago and got busted. I know it’s bigger than him but anyone that preaches a to the masses about “conviction” is a comedian. I do believe it’s a scam Ponzi but you also can make money in those. Good luck to everyone in this space.

 

[stormtrooper8]

Buy

 

[Wagerallsports]

Down to $82.5K overnight

 

[JDS]

Down to $82.5K overnight

No way it goes back down to 10K as some analyst are spewing.

 

[Wagerallsports]

No way it goes back down to 10K as some analyst are spewing.

Last time this happened I think you said if it got to the 70’s you would buy

But it never made it

Would you buy this time at a specific amount?

 

[JDS]

Last time this happened I think you said if it got to the 70’s you would buy

But it never made it

Would you buy this time at a specific amount?

No because I already have that money invested into a 5% savings account. Plan to keep it in there for the next 18 months.

 

[Tanko]

Some Wall Street types are saying $76k is a key support level that if broken..... it'll be even uglier.

 

[flyingillini]

Some Wall Street types are saying $76k is a key support level that if broken..... it'll be even uglier.

Please stay strong with your “conviction”. I will up my price. I seriously would pay $500 to watch Mr. Conviction aka Michael Saylor debate Peter Schiff live. Mr. Conviction would get embarrassed and exposed. He would never dare debate him.

 

[flyingillini]

This is so accurate and spot on. I love this guy.

 

[JDS]

That guy above is not a sports bettor, so he doesn’t know how to utilize crypto for its anonymous benefits when it is sent offshore to various exchanges that’s all I will say about that.

 

[stormtrooper8]

No because I already have that money invested into a 5% savings account. Plan to keep it in there for the next 18 months.

Where are you getting 5%?

Not a bad move probably. Think next 1-2 years could be a little bumpy investment wise

 

[JDS]

Where are you getting 5%?

Not a bad move probably. Think next 1-2 years could be a little bumpy investment wise

 

[MinnesotaFats]

Some Wall Street types are saying $76k is a key support level that if broken..... it'll be even uglier.

If it breaks past that look out. All the exchanges will file ch 7. Because of the leverage the true value of BTC that is owned outright could be less than $20k, at that price it just dies out, goes to zero.