It also very much is unbelievable that you do not understand what are market bubbles or you cannot believe that market bubbles will be an occurrence on very speculative markets similar to bitcoin. Considering that a -70% or more dump from the top that has occurred already 3 times on bitcoin is not a bubble pop? This would be very headshaking if you say this, I reckon.



In any case, it appears that there are people replying in this thread do not know what is a market bubble and it also appear they define a bubble as something similar to a ponzi.

Regarding that 80K btc ($9.4 bil) guy/gal (most likely guy) sell...
Remember, he/she/they bought at $0.675/btc in 2011.

Two years (or about) later, btc went to $1176, which is a 1742X return in just two years (174222% exactly).
The will power that was needed not to sell back then...big respect.

Later on, fluctuations were less violent, so I can see how this (hodl) developed.


sure, if you own four digits worth of bitcoin, you ARE rich, lol

Heard it over and over on the podcast of Bitcoin channels that it will go over $1M in 5 years. Its entertaining to believe it and there is a possibility that it would happen. One guest said it is not all because there is a huge demand for BTC but because the value of USD is collapsing and this $1M may not really worth the $1M today due to inflation. Nevertheless its still $1M so yeah seem right.

I',m up to seeing it a $1M one day.

For those who trade to increase the stash and not to DCA...
When was the last time you should have sold NVDA, GOOGL, AMZN, AAPL, etc etc in the last, say, 15 years?
The correct answer is probably "never".

A. Back in some interviews (https://youtu.be/ykLZ_xg6FB4?t=669 or even better articulated here: https://youtu.be/o0Qe1CZssek?t=1829) said that when you are 'in' an exponential asset, it is difficult to sell thinking that you'll buy back. Most likely, you won't be able to, unless, buy-sell is your "granular" DCA strategy that @philipma1957 and @JJG are espousing.

For me, it seems that it is never (or almost never) a good time to sell btc...I tried a couple of times with a non-insignificant sells and was never able to buy those coins back. Lesson learned.

It's not make sense to compare return between Bitcoin and gold because the answer is already obvious, Bitcoin will win.

Gold could able to beat Bitcoin if you only count for a year long, during bearish season and war happened on popular countries, gold has a good chance to beat Bitcoin.

Too big expectation I think, the highest I expect would be 2² aka 4x

I'm not seeing people who invest in gold shift to Bitcoin for long term, they like to invest in both.

I think we’re likely to peak out around $700,000 in 2029, but I also think we will break a million in 2033. If Bitcoin continues its rise we may really see a good savings option for people. Time preference would become the secret to getting wealthy. People would have to choose how much money they want and how young they want to have it.

Just wondering if I've missed it, but I haven't seen any blocks being mined by FutureBit's ApolloBTC miners, which have been around for a few years already, but I've seen a few blocks mined by other home miners, like the bitaxe and the Compac F for example...

Given the popularity of these miners, and also the time that they have been available, I would expect that at least one block would have been mined already. Anyone knows if that has already happened?

I'm very happy to have completed a deal with this gentleman, philip.

I successfully sent him my LTC and received 1,100 Grin Coins in return.

TXID: f5c4a4b3174f1740c77fbee921fac924719e1a269f18ba1e3b5534baf4251208

If you didn't receive my last private message, I'm ready to receive more Grin coins. If you're interested in doing more deals, just let me know.

I'll go ahead and update your trust rating now.
Have a great day! 

Pardon me, but I made the wrong assumption.

  

Although what was truly impressive was how those 80,000 coins were sold to the market and it didn't make Bitcoin go down by more than a small percentage. I believe that it will show institutional investors that Bitcoin is ready for a larger portion of their capital.



$9 billion United States Freedom Dollars

More context:

I solo mine since 1 week, bought my NerdQaxe++, and getting interested about mining (because in UAE the electrecity cost is 0.02$/kwh [for locals], so maybe some opportunities there, testing with solo mining first).

So on my device it's written: Best Difficulty 609M.

If i understand well, the network has a difficulty level of 127T, but your device can "reach" any diffuclty isn't it? even higher than 127T ? example: 12P ?

So i was wondering what is the world record for this "One shot best difficuly" ?

But if you tell me devices can't "One shot" above the current level of the network then no problem.

So when do we think the next breakout to the upside is going to happen?
We seem to have been stuck in a tight range of $115,000 to $120,000 for a while, even though it hasn’t been long at all. I must admit, I didn’t enjoy the dump during the last 24 hrs.

I think once we chip away at and eventually pierce the ATH of $123,000 we will run for a while, possibly touching $140,000. Maybe we stay in this range for another 2-3 weeks before we explode upwards.
The only thing that’s certain is nothing is stopping this train from hitting between $150,000 and $200,000 before the end of the year.

 ► 10 Years from now; 2025 to 2035.  

Hello, what is the "best difficulty" ever reached by any device on Bitcoin?

Best regards,

Ssatooshi

Ya, that’s why I said it wasn't a major concern. I don’t know how dude got his money, but from what I’ve seen his investment decisions are subpar at best.

I will say that I bought the dip as to put my money where my mouth is. Maybe not the smartest short term move, but by September I think I’ll be glad I did.

Bitcoin has dropped from $119K to $115K in an instant, this dump is really unexpected, now the main thing is that since Bitcoin is never 100% predictable, so no one can say for sure whether it will remain supportive above $110K or not, but I think it will not fall below $110K, but anyway, these are definitely just corrections, it will definitely come back stronger, and Bitcoin can definitely go to a good level by the end of the year, maybe $150K +.