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Thread: BTC Has Hit 25K

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  1. #1

    Default BTC Has Hit 25K

    I think this is just a step on the way up. Once it breaks through solidly, it will be on to 30K and then to 40K. The naysayers will bark how it is tulipbulbs and it will push through 50K. All the naysayers act like they have to put huge gobs of money in to be part of the ride, but all they had to do (or still do) is buy some... $500 would get you in. This is not over. It is Google ca 2005. I was on the BTC wagon early on and have already pulled many times what I gambled out and put it in my pocket, but there is still more fruit on the vine. You don't have to dump the entire contents of your savings to realize a tidy profit. My gut says it has a million dollar a coin potential. I don't know if that will be because BTC is so strong or the dollar was actually the tulipbulbs. https://www.coinbase.com/price
    Last edited by t00nces2; 12-26-2020 at 09:20 AM.
    Now there's no more oak oppression
    They passed a noble law
    Now the trees are all kept equal
    By hatchet, axe and saw.

    I will not comply.

    The Tea Party... quietly plotting to take over the world,
    and leave you the hell alone!

  2. #2

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    The naysayers have been wrong since the dollar was 1, again when the dollar was .01, again at .0001, etc. Now at .0000377 they're likely wrong again. Congrats to you for being on the right side of this trade.
    One million might be many years away, but 36k seems within reach, and 256k in the medium term, imo.

  3. #3

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    I went to a Bitcoin ATM got cash out I was like the first to use it. I felt a major sense of freedom right then I knew the dollar is over with. Constantly buying since 2013

  4. #4

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    Dollar colasping against gold and Bitcoin.

  5. #5

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    Quote Originally Posted by vincentstephan View Post
    Dollar colasping against gold and Bitcoin.
    They just need to print more and everything will be okay.
    Now there's no more oak oppression
    They passed a noble law
    Now the trees are all kept equal
    By hatchet, axe and saw.

    I will not comply.

    The Tea Party... quietly plotting to take over the world,
    and leave you the hell alone!

  6. #6

    Default

    Sounds like Trump signed stimulis must be what drove Bitcoin higher this weekend. Watch gold price for the managed push down.

  7. #7

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    Quote Originally Posted by ynot2k View Post
    Now may be a good time to buy BTC for the following reason. Much (much!) earlier in this thread I posted that I was looking to buy BTC between 20 and 21 if it got down to that level. I did not do so, nor as it got down to 17,500 or so.

    I often have bad, or terrible, timing so it could be up up up from hear leaving me with only the amount I have and no additional... perhaps your perfect contrarian indicator
    You have been calling for a drop to 20-21 for awhile. I never thought it would get that far down, but I was wrong. When it hit 20k one of my thoughts was that you were right and that you did go ahead and buy. We don't know the future but perhaps you should consider buying while it's at or near the number you called. It's very difficult to pick exact tops and bottoms, and there is that old saying I believe is correct about pigs being pigs and not trying for exact tops or bottoms, just be correct in an overall trend. Here, it may mean settling for a 600% profit instead of thinking about the 700% it could have been.

  8. #8

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    Quote Originally Posted by insidedealer View Post
    You have been calling for a drop to 20-21 for awhile. I never thought it would get that far down, but I was wrong. When it hit 20k one of my thoughts was that you were right and that you did go ahead and buy. We don't know the future but perhaps you should consider buying while it's at or near the number you called. It's very difficult to pick exact tops and bottoms, and there is that old saying I believe is correct about pigs being pigs and not trying for exact tops or bottoms, just be correct in an overall trend. Here, it may mean settling for a 600% profit instead of thinking about the 700% it could have been.
    You could be right about now being a good time to buy since it was my plan anyway (somewhere under 21k). I can't really explain or justify my hesitation at this moment. I don't currently have funds in my account at coinbase. Easy enough in any case to wire funds or just buy using coinbase and pay their higher fee to buy outside of pro.coinbase.com

    Unless it is 'up up up' from here I suspect it will either drift sideways for some time or perhaps dip down again.



    btw to anyone who doesn't know better - do not take anything I say as something to follow. I am often wrong in trades.

  9. #9

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    It fell way too fast to buy in for me...I think its going much lower.
    Politicians and diapers must be changed often, and for the same reason. -Mark Twain

    The purpose of life is to matter, to be productive, to have it make some difference that you lived at all. -Leo Rosten

  10. #10

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    Quote Originally Posted by Miteysquirrel View Post
    It fell way too fast to buy in for me...I think its going much lower.
    That consideration is likely good.

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