Quote from: Majestic-milf on December 17, 2024, 07:19:36 AM

Quote from: JayJuanGee on December 16, 2024, 05:04:51 PM

$110k by the end of today, might even be in the cards, though we ONLY have 7 hours remaining in today's candle if we go by UTC. We might get to touch upon $120k by the end of this weekly candle? And who knows if the price would be stable at those prices or have a few bounces up and down, yet what seems to be our ongoing upwards price pressures is nothing to sneeze at..

$120k by the end of the week? Not to sound pessimistic but with unstable price can be like you mentioned, I feel the best we can see at the end of the week is $108. Except there would be an event that would push it up.

$120k is ONLY about 11% higher than $108k, so it is hardly a stretch to consider that $120k could be within the cards for this weekly candle, which still has nearly 5 more days before it closes.

Sure, I am not describing 50/50 odds, and I am probably not even assigning any kind of meaningful odds or taking it for granted, but suggesting that it is really low odds (even lower than 10% odds) or proclaiming that it is not going to happen, seems to be a step too far too.

Anyone who has studied bitcoin should be able to recognize that from time to time it has explosive moves to the upside that don't necessarily stop when any of us believe that such UPPity explosive moves will happen, and surely such UPpity moves can end up recking folks who have failed/refused to adequately prepare themselves for such possible moves. I have seen it plenty in my time in bitcoin (since late 2013), and I doubt that bitcoin has outgrown the possibility of such seemingly outsized upwards explosive moves, which we may continue to be in the middle of such..perhaps? perhaps?

Hopefully for you, you did not sell too much at or around $100k with an expectation to buy 15% to 25% or more lower. which may well even have way lower odds than our going to $120k within the next 5-ish days... I am not ruling out either direction, yet I am prepared financially and psychologically for either direction. How about you?

Quote from: EarnOnVictor on December 17, 2024, 08:51:45 AM

Quote from: JayJuanGee on December 16, 2024, 05:04:51 PM

Quote from: Majestic-milf on December 16, 2024, 09:22:25 AM

Quote from: KingsDen on November 21, 2024, 08:15:04 PM

I am going to sleep, in a creek hotel without paddle. Wake me later tonight when BTC hits $100,000.

It's now I'm really going through what you said here. Sleeping in a creek hotel without a paddle? How then is we gon' wake you? Or if we manage to, how will you access your way back? Grin

We're seeing progress in Bitcoin price for now and it has gone out of the 101-103k region and hit $104,532 as at time of writing because we saw it hit $105k. Is it possible that we can see it hit $110k before the end of this year?

$110k by the end of today, might even be in the cards, though we ONLY have 7 hours remaining in today's candle if we go by UTC. We might get to touch upon $120k by the end of this weekly candle? And who knows if the price would be stable at those prices or have a few bounces up and down, yet what seems to be our ongoing upwards price pressures is nothing to sneeze at..

Unfortunately, that did not happen, but it is an excellent call you have there. I will continue to expect even the unexpected from Bitcoin going forward in this bullish season and the $120,000 is now more feasible than ever and could be hit before the end of this year. However, I like to take it easy on calling some high levels,

I am just describing what seems to be reasonably within the realm of possibilities, especially given recent bitcoin price dynamics, including but not limited to things going on in the macro-space too.

Quote from: EarnOnVictor on December 17, 2024, 08:51:45 AM

I prefer to call between $3000 - $5,000 addition depending on what I see on my chart.

$3k to $5k now adds up to a smaller percentage than it did even 1.5 months ago... but hey a lot of things can end up happening, including a lot of UPpity momentum when we finally break above certain round numbers.. similar to what happened when we broke above $1k in late 2016 into early 2017.. we were soon playing around with $2k.. .. and the same is true when we broke above $10k in late 2017, we were soon nearly up to $20k, even though surely in the second instance, we did end up correcting back down below $10k again in 2018 and even dragging out until late 2020, which truly may not be similar dynamics with $100k- and we are still yet to find out, and I would imagine that it is good to figure out how any of us want to play our cards.. are we largely HODLing through these periods, accumulating bitcoin or are we in some kind of another status where we might already have plenty of BTC.. .. and surely an overwhelming majority of the world's population (including governments and institutions and even status quo rich peeps) do not have even close to as much BTC as they wished that they were to have.. so it may be helpful to account for some of the actual impacts of bitcoin scarcity.. even if there also might be some dangerous attempts of some third party custodians to be fucking around with paper bitcoins too.. which may well end up biting them in the ass pretty good, even during these periods of UPpity in which they might not have the bitcoin that they claim to have. Ouch.

Quote from: EarnOnVictor on December 17, 2024, 08:51:45 AM

Now, Bitcoin at $107,000, the $110,000 is more feasible today than before, even as the daily and weekly charts' price actions support the view.

Sure. One step at a time, and sometimes charts don't do too well in an asset class that continues to be in price discovery status, too. You might have to throw out some of your charts and perhaps regather them at some later date.. but hey, you do you. Hopefully, for your own good, you did not sell too many cornz too soon, yet I can hardly imagine such a thing.. There are a lot of traders who regret that they are not long enough in times like this (especially when they had the last couple of years to get long, but were busy trading during that time, and yeah, there might have had been some possible successes, but how are they doing now? selling and/or leveraging down.. and getting recked over and over and over since about September - all the way from $58k until now)?

Quote from: Sexylizzy2813 on December 17, 2024, 10:29:28 AM

Quote from: JayJuanGee on December 17, 2024, 01:36:53 AM

[edited out]

I remember when you were aggressively advising (if I should call it that) me to buy, hold and all that, I was a bit against it but not saying much by walking on that path (your advise) was better than before and I also made some speculations or rather prediction about how Bitcoin was going to turn out as of this moment but it turns out wrong, you should know that I never said I was from the future, is just a prediction that went wrong and you won't say you haven't been wrong before.

I doubt that I was personally advising because in the end guys can do whatever they like, and they are responsible for their actions...

I do frequently talk about best practices to continue to buy bitcoin for at least 4 years or until you have enough, and so selling (or waiting for the price to go down) is not part of any practice of accumulating bitcoin. So yeah, whether we call it advise or not to buy as aggressively as you are able to buy until you have more than enough can take 4-10 years or longer.

I have been wrong about a lot of things, and I have made several mistakes in my bitcoin journey... yet at the same time, I have almost continuously errored on the side of trying to accumulate and hold bitcoin and even suggesting that others do the same.. yet even in the real world, hardly anyone acts to buy bitcoin or even come close to buy enough or to buy beyond just dabbling.. and then so many people sell too much too soon and also fail/refuse to adequately prepare for up.. so there is nothing that any of us can do to get people to help them selves, since each person has to take their own actions to accumulate bitcoin, and if they made mistakes to figure out how to get back on the horse and to start to employ better practices of accumulating rather than fucking around with either waiting or selling practices.. which are not very good practices for anyone who has no coins or low quantities of coins.

Quote from: Sexylizzy2813 on December 17, 2024, 10:29:28 AM

You said so much about how the market price was going to be and I was using that to predict it also but you kept on assuming things, thats the issue you have about members on the Forum, I took your advise and since September I stopped doing the off and on thing and since then I have been holding, is not every thing I have to air out here and you should know that.

Sure.. better if you did not sell and if you were able to hold.. even if you did not accumulate more.. So surely there are differences between whimpy investors and aggressive investors, and you have to choose for yourself which one or which variant you want to be in terms of how far down the scale in one direction or another you would want to be.

We are in a public forum with various public threads, so messages might not always be directed to you instead of being directed to some ideas that might arise from your earlier posts.

Quote from: Sexylizzy2813 on December 17, 2024, 10:29:28 AM

This last month of the year has been more better than that of last year and you know how it was when Bitcoin was seriously going down, the pressure that was placed on those of us who was holding, some went on to sell and they're regretting it now. But I still believe that whosoever buys now can still get something since the market has been promising. To hold has never been easy to be honest, the temptations to sell will always present it self especially when Bitcoin price starts going down.

Whether you are tempted to sell or you are constantly talking about selling or talking about others selling is a framework that you make.

I still imagine any no coiner or low coiner needs to spend at least a whole cycle and perhaps even longer than that to be accumulating bitcoin through buying rather than worrying about selling, but hey folks (including you) can do what you like.