Quote from: promise444c5 on Today at 11:03:39 AM

Quote from: OgNasty on December 06, 2024, 11:10:01 PM

I don’t believe we have officially hit $100,000 per Bitcoin until it settles at that price or above for the monthly close.

Almost!! It will get stable at 100k+ (for now )maybe by the end of this month but we await your decision regarding the thread

Quote from: JayJuanGee on Today at 02:27:16 AM

I am thinking the odds are greater than 50/50 that this month will close higher than $100k, yet at the same time in bitcoin, we can never really know with any confidence.. 25 days are likely to pass by quickly.

Very possible, the trend for support seem to be shifting towards 95k+ but the major demand still stands at 89k ~91k ,that created some kinda "fake out" on the chart @10k dump and pump yesterday but the support keep shifting upwards hopefully it holds strong during bear market.. if not then a strong support should hold @90k I think (i might be wrong)..

Sometimes it is difficult to know if the support is real or not. Surely in bitcoin, and probably other kinds of investments, the trend is your friend, yet frequently it is difficult to know when the trend is going to reverse.

Another thing is that truly it is logical to have various stopping (or pausing) points, even when the BTC price is shooting upwardly, so if we think about the matter of going from $69k to $100k-ish in less than a month, then surely there could be some rationale for a bit of a pause around here, yet at the same time, I also get the sense that too many newbies and weak hands sold too many of their coins too soon around these $100k prices, and so it is going to be more painful for them if the BTC price shoots up to $115k to $130k rather than correcting, and so in that sense, there likely are decently large incentives for whales to punish so many of the weak hands who sold too many of their coins and to push the BTC price up rather than giving any of them to realize their dreams about buying back cheaper, and also their failures and refusals to adequately appreciate what bitcoin is.

I am not against the idea of selling some small portion of your stash (maybe less than 5%.. and even that might be a lot, or too much) if you were to happened to have already been in bitcoin for a cycle or two or more, but guys who are selling portions of their BTC and they have not even been in bitcoin (or accumulating bitcoin) for a whole cycle seem to not appreciate and understand what bitcoin is... and so there is ONLY so much anyone can do to help anyone else, besides reminding them that it is not good to be selling large portions of your BTC.. who are you selling them to? to Saylor/MSTR and/or to Blackrock? I could think of better places for my coins (with me.... hahahahahaha).. Guys are so anxious to obtain (or lock in) "dollar profits," yet what good is that going to do when the dollar is not exactly capable of holding its value and we also have a pretty damned large wealth transfer going on from no coiners to coiners, so it would seem to be better to be on the receiving end of the wealth transfer rather than the giving end.

Quote from: bigmanik on Today at 04:59:34 PM

Quote from: philipma1957 on Today at 02:03:57 PM

Quote from: Don Pedro Dinero on Today at 07:35:29 AM

Quote from: krishnaverma on Today at 03:43:53 AM

I am glad that I discovered this thread today. Because bitcoin price is also 100k and now I do not have to do any pushups.

You can do 100 farts instead and better if you put a loincloth on. It will have the same effect on the price.

In fact you don't even need to fart or do push-ups, just by writing the report here you will help the price to go up.

I am on my fourth fart today. Along with 120 pushups. Farts are harder to control when you are my age (67)

Lots of stained underwear. Wink

Hahaha 😆
But being able to do 120 pushups at 67 is actually crazy
I don't think I can even do up to 100 a day and I'm just 23

Seems I'm truly out of shape
Have to push harder

Yep.. work your way up to 100 pushups per day.

Perhaps start out by doing 3 sets of 15 or whatever you are able to do, and then you should be able to build your way up to 100 in a day. In the first several days, I was not able to do 100 pushups in a day either, and surely many of us were very sore in the first several weeks of doing pushups every day, yet while we kept building up our pushups, we were able to get our bodies (and our schedules) used to doing pushups every day. Surely now days I am doing 5 sets per day rather than 3 sets in a day, yet in the beginning, I would have had been too sore to try to do 5 sets in a day, so it is likely better when we are able to work up to the amount of pushups per set and the number of sets per day and figure out some kind of a balance, especially if we want to build and maintain some level of strength, which frequently will deteriorate if we are not able to keep up some level of activity and/or resistance training.

There are some guys who have jobs that are physically demanding, and so they also might benefit from doing some exercises too.