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AxelWolf
AxelWolf
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November 11th, 2024 at 11:15:50 PM permalink
Quote: SOOPOO

Quote: AxelWolf

I think BTC will go back down to 65k before it will hit 85k.

Any thoughts?
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If you made me bet on it, I’d go 85 before 65. Trump has signaled in vague terms that his administration wants to lead in crypto. As with most of my 50-50 type predictions, I’m right around 49% of the time…
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You absolutely would have won that bet. You know what they say about blind squirrels. Something about them finding nuts in their mouth once in a while?


I came very close to selling some after I made that post, but I didn't.

However, I did just convert about 35% of my Holdings into tether @ around $89,962
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
AxelWolf
AxelWolf
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November 11th, 2024 at 11:23:30 PM permalink
LOL I just chalked up COIN as a big fat loss/lesson-learned situation.

Your average cost
$348.85

Coinbase
$345.85

+$53.67 (+19.82%)Today
+$21.44 (+6.61%)Overnight
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
AZDuffman
AZDuffman
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November 12th, 2024 at 3:51:01 AM permalink
Yesterday will be hard to beat. Yesterday it went up by about 50% more than it cost in 2020 at the start of the virus crash.
All animals are equal, but some are more equal than others
AxelWolf
AxelWolf
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November 22nd, 2024 at 2:39:28 PM permalink
I saw that BTC was around $99,500.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
AxelWolf
AxelWolf
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November 22nd, 2024 at 2:39:28 PM permalink
I saw that BTC was around $99,500.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
AZDuffman
AZDuffman
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November 22nd, 2024 at 2:47:59 PM permalink
All day long it has been trying to break $100,000. Gets to $99500 then falls back. The weekend will be harder to do this but IIRC the Arab world has a different weekend so maybe buying action in Dubai moves it over overnight.
All animals are equal, but some are more equal than others
EvenBob
EvenBob
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November 22nd, 2024 at 4:28:45 PM permalink
Quote: AZDuffman

All day long it has been trying to break $100,000. Gets to $99500 then falls back. The weekend will be harder to do this but IIRC the Arab world has a different weekend so maybe buying action in Dubai moves it over overnight.
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All I'm seeing is lots of talk of big correction coming of it's going back down to 55,000 to $60,000 again. Before the end of the year probably before Christmas.
"It's not called gambling if the math is on your side."
AxelWolf
AxelWolf
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November 22nd, 2024 at 5:05:33 PM permalink
Quote: EvenBob

"This is the first way Bitcoin will suddenly be worthless.

Still waiting for it to be worthless. There's a member of this forum who just bought a house after cashing in his worthless crypto.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
Tanko
Tanko
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AxelWolf
November 22nd, 2024 at 5:17:20 PM permalink
Bought the Bitcoin ETF IBIT earlier this year.

BTC YTD 133%
IBIT YTD 102%
AZDuffman
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AxelWolf
November 22nd, 2024 at 5:25:26 PM permalink
Quote: EvenBob

Quote: AZDuffman

All day long it has been trying to break $100,000. Gets to $99500 then falls back. The weekend will be harder to do this but IIRC the Arab world has a different weekend so maybe buying action in Dubai moves it over overnight.
link to original post



All I'm seeing is lots of talk of big correction coming of it's going back down to 55,000 to $60,000 again. Before the end of the year probably before Christmas.
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Always negative talk out there. Back at $17000 members here said to get out.
All animals are equal, but some are more equal than others
vegas
vegas
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November 22nd, 2024 at 7:30:12 PM permalink
A lot of people will take profit at 100,000 as this is a magic number. There are a large block of sells as people have put this number in as a time to take some profit. Bitcoin will indeed drop when it gets between 100,000 and 110,000 and go down maybe 20%. Then those that sold and also the usual rich people will buy back in at a good price causing bitcoin to reach new highs on its march higher. Right or wrong that is how I see it.

Also when bitcoin drops certain alt coins will go up quickly. If you have some alts don't sell now.
50-50-90 Rule: Anytime you have a 50-50 chance of getting something right, there is a 90% probability you'll get it wrong
EvenBob
EvenBob
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November 22nd, 2024 at 10:33:18 PM permalink
Quote: vegas

A lot of people will take profit at 100,000 as this is a magic number. There are a large block of sells as people have put this number in as a time to take some profit. Bitcoin will indeed drop when it gets between 100,000 and 110,000 and go down maybe 20%. Then those that sold and also the usual rich people will buy back in at a good price causing bitcoin to reach new highs on its march higher. Right or wrong that is how I see it.

Also when bitcoin drops certain alt coins will go up quickly. If you have some alts don't sell now.
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Yes that's the way it works, buy and sell buy and sell, it's a big game and at the end of this game instead of there being a bucket of gold at the end of the rainbow it's always a bucket full of manure. And there is an end to this game because they're always is. These are just mink lined diamond studded Beanie Babies. Bottom line is they're still Beanie Babies..
"It's not called gambling if the math is on your side."
AxelWolf
AxelWolf
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November 23rd, 2024 at 12:41:56 AM permalink
Quote: EvenBob

Quote: vegas

A lot of people will take profit at 100,000 as this is a magic number. There are a large block of sells as people have put this number in as a time to take some profit. Bitcoin will indeed drop when it gets between 100,000 and 110,000 and go down maybe 20%. Then those that sold and also the usual rich people will buy back in at a good price causing bitcoin to reach new highs on its march higher. Right or wrong that is how I see it.

Also when bitcoin drops certain alt coins will go up quickly. If you have some alts don't sell now.
link to original post



Yes that's the way it works, buy and sell buy and sell, it's a big game and at the end of this game instead of there being a bucket of gold at the end of the rainbow it's always a bucket full of manure. And there is an end to this game because they're always is. These are just mink lined diamond studded Beanie Babies. Bottom line is they're still Beanie Babies..
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You can say that about anything and everything. We will all be dead, but BTC will still be here.

Thus far you have been wrong about BTC every day for over a decade.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
AZDuffman
AZDuffman
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November 23rd, 2024 at 2:33:55 AM permalink
Microstrategy to issue $25 billion of convertible bonds with a 0% coupon to buy bitcoin. Fed and other central banks may start warehousing it on their books. Trump may appoint a "crypto tsar." This cycle is going to be interesting.
All animals are equal, but some are more equal than others
DRich
DRich
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November 23rd, 2024 at 4:27:03 AM permalink
Quote: AxelWolf

You can say that about anything and everything. We will all be dead, but BTC will still be here.



Yes you can. Even every fiat currency has failed as will the US Dollar at some point.
At my age, a "Life In Prison" sentence is not much of a deterrent.
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