Anyone else feeling a bit disappointed because the price is "just" $101K?

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Quote from: adultcrypto on December 15, 2024, 05:06:26 PM

If it were even possible, I would have preferred we remain below 100k again and for a while so I can buy more Bitcoin since I have not met my target. But this is just a wishful thinking that hold no substance.

It is the eternal dilemma, if the price goes up you are happy because it increases what you already have but if you don't have enough you wish it wouldn't go up so fast so you can accumulate more.

Quote from: adultcrypto on December 15, 2024, 05:06:26 PM

I'm not disappointed at bitcoin for one second because it has done very well already even beyond my expectations. Those that will feel so bad are looking for fast profits as most of them set sell orders at 120k.

Well, I think the big sell order barrier, which was around $100K, has passed. Now there is little technical resistance on the way up.

Locking the thread as I am not "disappointed" any more, lol. Current price $104,5 after touching $106K 4 hours ago.

adultcrypto

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If it were even possible, I would have preferred we remain below 100k again and for a while so I can buy more Bitcoin since I have not met my target. But this is just a wishful thinking that hold no substance.

I'm not disappointed at bitcoin for one second because it has done very well already even beyond my expectations. Those that will feel so bad are looking for fast profits as most of them set sell orders at 120k.

suzanne5223

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Quote from: Poker Player on December 12, 2024, 02:13:58 PM

A while ago it looked like we were going to beat the previous ATH of $103.67K. We moved up from $100.5K to $102.5K in 4 hours and the trend looked like we were going to continue up, but nope, back down again. What a disappointment, lol. Then you think about it and it's cool to be “disappointed” at these levels.

There's no reason to feel disappointed because of the market correction that downtrend the price of Bitcoin whose purpose was to strengthen the market because if the market just experiences some parabolic the crash of the market will be severe. Besides, the halving happened this year, and the predicted 100K price is achieved and it's a sign that next year's bull market will be something we haven't experienced in the history of crypto before.

Mate2237

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I am not disappointed because I am not selling at anytime soon and I am investing for a long team and if I am selling to solve any issue, I will not be disappointed. We all know that the price of Bitcoin is not stable and it always rising and falling. Many people are even happy that the price is $100k and in the $100k people bought and store it in their wallets and once the price reduced down to $98k the purchasing power would be increased so in whatever ways, people are happy and not disappointed.and it is only those who are monitoring the market probably disappointed.

Crypto Library

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Quote from: l99l on December 15, 2024, 11:44:16 AM

It seems to me that the game is not over yet and is just starting, but if the game starts, it will not last long.
it will take a few month and everything will be behind us, then we will be surprised how bitcoin came to these prices and generally people cannot sell it from the places they want because of this situation, but of course I cannot say that I am complaining about this situation.
Try to stay in the game.

What I have come to understand from my years of observation is that the Bitcoin market game begins when we think our game is at an end.
And to be honest I am sure after opening this topic and now many people also faced with the same situation. Like those people whose were disappointed from the market maybe now there will be a smile on their face. Even then I don't think that Bitcoin is currently on 103k+ I would like to say that we will see more correction in the market because of the panic and for the whale manipulation. And here we just have to do take an deep breath and sit on chair and claim down and analyze the market for if the bitcoin can touch our target. Let's see 120k won't be very hard for bitcoin in this season.

Poker Player

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Quote from: Lucius on December 15, 2024, 07:12:35 AM

I can only be disappointed that most people treat BTC as some internet magic that will make them rich overnight and that they are only fascinated by big round numbers, so now suddenly not even $100k is enough for them, but they are wondering when $150k and when $200k.

I see that what you have said has had several responses, which indicates that it is interesting regardless of whether the respondent agrees with you more or less.

I don't think anyone sees it as “overnight”, to get really rich with bitcoin you have to start from a very high starting capital or have to wait a long time if you do DCA say with $100 or $200 a month.

But you are right that bitcoin was invented as a P2P cash against the states and central banks and today that vision is not even mentioned, but what is most mentioned is the price.

On the one hand I believe that P2P use will always be possible, just as cash P2P transactions are possible today but few people use them and less and less. And on the other hand the price increase has brought a lot of financial peace of mind to many people. Someone from low GDP countries like Bangladesh, Philippines or Nigeria, who has been in the forum for at least 4 years and has been able to save 25% of what he/she earned in signature campaigns faces the future with peace of mind from the economic point of view thanks to the price increase.

l99l

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Quote from: Crypto Library on December 12, 2024, 02:32:00 PM

Quote from: Poker Player on December 12, 2024, 02:13:58 PM

A while ago it looked like we were going to beat the previous ATH of $103.67K. We moved up from $100.5K to $102.5K in 4 hours and the trend looked like we were going to continue up, but nope, back down again. What a disappointment, lol. Then you think about it and it's cool to be “disappointed” at these levels.

I think the game is not over yet, there is still a lot to play for, like it could be that Bitcoin has made a big pump again in a few hours, although I am not a financial advisor. Nor am I a professional trader who can make predictions based on point-to-point analysis of market support and resistance.
But I will not be disappointed yet, I will still have hope for the future and will keep holding my Bitcoins as from my little experience form the past season and also from the others. Before touching 100K I had a order on 100k and I cancel that order because of the boom on marketcap and now I am looking for the touch on 120k and even it tooks the first quarter of the next years I won't gonna be disappointed.

It seems to me that the game is not over yet and is just starting, but if the game starts, it will not last long.
it will take a few month and everything will be behind us, then we will be surprised how bitcoin came to these prices and generally people cannot sell it from the places they want because of this situation, but of course I cannot say that I am complaining about this situation.
Try to stay in the game.

Jewan420

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Quote from: Rampagoe004 on December 15, 2024, 08:37:09 AM

I think it has just started and has not yet ended. The period of ups and downs will continue to occur. Yesterday it touched $102.5 and fell to $100k. This is a very normal thing to happen every time the price increases there will still be a small correction in the near future. We hope it will reach $150k or vice versa. Many are disappointed by the inappropriate correction they have been waiting for, and a feeling of anger cannot be avoided at this time.

Technically it is difficult to say where Bitcoin will go from the current price. But I think Bitcoin has given us another big pump this month. Maybe the next ATH will be far away from $103k. It is almost certain that we are going to see Bitcoin bullish in December 2024. Now the important thing for us is how much % increase in price will we see in December 2024? We are already seeing a 6.66% increase in price. I think Bitcoin is going to surpass the December 2023 price increase. If that happens, then we are going to get an ATH of $108k - $109k in December 2024. I am aiming to surpass $110k in 2024 and I believe Bitcoin will be able to do it. We should avoid small ups and downs in Bitcoin. After some time, Bitcoin will again be above $100k, which gives me a positive signal for price growth.

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Quote from: Lucius on December 15, 2024, 07:12:35 AM

I can only be disappointed that most people treat BTC as some internet magic that will make them rich overnight and that they are only fascinated by big round numbers, so now suddenly not even $100k is enough for them, but they are wondering when $150k and when $200k.

What I would like to see is a sharp drop to say $50k for some stupid reason - say when the world's favourites Mr. Donald, Putler and the kid from North Korea get together and say something like "Bitcoin is a scam after all" Roll Eyes

Yeah now that USA is openly admitting they want a convicted criminal to run the country I wonder how dark it will be in a few years time.

Thank God I am 67 married to a good wife for 38 years and all my kids are dead. 💀

This way when the morons blow the place up ⬆️ I could already be dead.

But this is a thread about my happiness at 100k.

My very small mine earns 60 usd in btc a day after all costs.

Sideways with tiny upwards movement is the best case scenario for me.

So I am happy.

NeuroticFish

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Quote from: Poker Player on December 15, 2024, 07:06:14 AM

I think we break ATH today.

It may, or it may not; it doesn't matter. It will break ATH sooner or later. Patience...

Quote from: Lucius on December 15, 2024, 07:12:35 AM

I can only be disappointed that most people treat BTC as some internet magic that will make them rich overnight and that they are only fascinated by big round numbers

You are correct, and still somewhat wrong. I do agree with you, but since here we're in the Speculation sub, it would be a bit odd if a main topic here would not be the price...

The real problem is that we see the same also outside of Speculation, I am aware of that.
And you've forgotten the fascination of linking the rise of price to whatever unrelated event. It's the next funny thing after the round numbers in a specific country's currency Wink

Rampagoe004

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Quote from: Poker Player on December 12, 2024, 02:13:58 PM

A while ago it looked like we were going to beat the previous ATH of $103.67K. We moved up from $100.5K to $102.5K in 4 hours and the trend looked like we were going to continue up, but nope, back down again. What a disappointment, lol. Then you think about it and it's cool to be “disappointed” at these levels.

I think it has just started and has not yet ended. The period of ups and downs will continue to occur. Yesterday it touched $102.5 and fell to $100k. This is a very normal thing to happen every time the price increases there will still be a small correction in the near future. We hope it will reach $150k or vice versa. Many are disappointed by the inappropriate correction they have been waiting for, and a feeling of anger cannot be avoided at this time.

Lucius

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I can only be disappointed that most people treat BTC as some internet magic that will make them rich overnight and that they are only fascinated by big round numbers, so now suddenly not even $100k is enough for them, but they are wondering when $150k and when $200k.

What I would like to see is a sharp drop to say $50k for some stupid reason - say when the world's favourites Mr. Donald, Putler and the kid from North Korea get together and say something like "Bitcoin is a scam after all" Roll Eyes

Poker Player

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Quote from: NeuroticFish on December 15, 2024, 05:20:52 AM

Quote from: m2017 on December 15, 2024, 04:41:08 AM

Quote from: Poker Player on December 12, 2024, 02:13:58 PM

A while ago it looked like we were going to beat the previous ATH of $103.67K. We moved up from $100.5K to $102.5K in 4 hours and the trend looked like we were going to continue up, but nope, back down again. What a disappointment, lol. Then you think about it and it's cool to be “disappointed” at these levels.

Disappointment? From a level above $100k? Yeah, you've gone completely nuts, damn it!

Bitcoin has risen to a level that almost no one dreamed of, and you still don't have enough. It's not enough for you, right?

You can't just grow all the time. You can consider the current pause to be an accumulation of "forces" before further growth. Be glad that bitcoin is not falling much lower, and in principle, is holding tightly at the ~$100k mark.

I'm not upset about the current market situation. What happened is already a victory.

I am not sure if OP is indeed disappointed, or making fun, or just want to see others' reactions. But, while being disappointed at this kind of price levels and at this stage in the 4-years cycle is silly, I can see it happen at newbies, who may still see Bitcoin as a get rich quick scheme and who are completely lacking the patience Bitcoin demands.

You both might've forgotten the meaning of "a bit" lol. Read the title again.

I think we break ATH today.

NeuroticFish

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Quote from: m2017 on December 15, 2024, 04:41:08 AM

Quote from: Poker Player on December 12, 2024, 02:13:58 PM

A while ago it looked like we were going to beat the previous ATH of $103.67K. We moved up from $100.5K to $102.5K in 4 hours and the trend looked like we were going to continue up, but nope, back down again. What a disappointment, lol. Then you think about it and it's cool to be “disappointed” at these levels.

Disappointment? From a level above $100k? Yeah, you've gone completely nuts, damn it!

Bitcoin has risen to a level that almost no one dreamed of, and you still don't have enough. It's not enough for you, right?

You can't just grow all the time. You can consider the current pause to be an accumulation of "forces" before further growth. Be glad that bitcoin is not falling much lower, and in principle, is holding tightly at the ~$100k mark.

I'm not upset about the current market situation. What happened is already a victory.

I think it's all about how everybody is seeing the thing.
I also see it as a victory, especially as I didn't expect this range to be touched this year (plus, indeed, if you would have asked me about this some 5-6 years ago.. heh).

On the other hand... 100k was preached a lot in the past cycle and far too many were expecting it to be touched by then. This means years ago. Some others have seen the bull run getting exponential and probably bought more and now they're afraid they'll lose money (although you only lose when you sell). This is a short term view, which is bad, since the price fluctuations are a reality not to be forgotten.

I am not sure if OP is indeed disappointed, or making fun, or just want to see others' reactions. But, while being disappointed at this kind of price levels and at this stage in the 4-years cycle is silly, I can see it happen at newbies, who may still see Bitcoin as a get rich quick scheme and who are completely lacking the patience Bitcoin demands.

m2017

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Quote from: Poker Player on December 12, 2024, 02:13:58 PM

A while ago it looked like we were going to beat the previous ATH of $103.67K. We moved up from $100.5K to $102.5K in 4 hours and the trend looked like we were going to continue up, but nope, back down again. What a disappointment, lol. Then you think about it and it's cool to be “disappointed” at these levels.

Disappointment? From a level above $100k? Yeah, you've gone completely nuts, damn it!

Bitcoin has risen to a level that almost no one dreamed of, and you still don't have enough. It's not enough for you, right?

You can't just grow all the time. You can consider the current pause to be an accumulation of "forces" before further growth. Be glad that bitcoin is not falling much lower, and in principle, is holding tightly at the ~$100k mark.

I'm not upset about the current market situation. What happened is already a victory.

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Quote from: goldkingcoiner on December 14, 2024, 03:11:42 PM

I think we are going to bounce between 91k and 100k for a while until we decide to go up again. 100K seems to be a huge psychological obstacle for whales but it is purely FUD based of course. The long term news is still bullish. see more here

yes, accumulation for this whole month, and then sky rocket again in january when SBR is getting approved.
this seems to be the scenario that aligned with current price action as well, some whales trying to dump their bitcoin holding but there's always people who bought those BTC and make the price recovered back in fast manner.

maybe, currently it's also a shakeout to sideline those whales who'd been buying since sub $60k so that the sailing to another all time high possibly around $130k gonna be smooth.

philipma1957

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Quote from: KingsDen on December 14, 2024, 02:55:08 PM

Bitcoin is a spirit.
Few months ago, we were rallying round 50k and 60k. Hitting 100k was our biggest dream, today we are at 100k and it appears as if 100k is a normal thing and we are already disappointed and possibly looking forb150k. LOL, man is truly insatiable. Maybe we have to return to 60k region in order to appreciate our present status.

btc in the 85-105 range works fine for me.

goldkingcoiner

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I think we are going to bounce between 91k and 100k for a while until we decide to go up again. 100K seems to be a huge psychological obstacle for whales but it is purely FUD based of course. The long term news is still bullish. see more here

KingsDen

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Goodnight, o_e_l_e_o 🌹

Bitcoin is a spirit.
Few months ago, we were rallying round 50k and 60k. Hitting 100k was our biggest dream, today we are at 100k and it appears as if 100k is a normal thing and we are already disappointed and possibly looking forb150k. LOL, man is truly insatiable. Maybe we have to return to 60k region in order to appreciate our present status.

Crypto Library

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Quote from: Lanatsa on December 13, 2024, 08:18:31 AM

Disappointed? Pretty sure that there are those people who do get disappointed on the things that they are really that currently experiencing because they've been expecting too much. For those people who do get hyped or feel up that FOMO then buying up the peak then on the moment that it did make out some correction then that will really be giving out that kind of impulsive feeling. If you arent that good on making up some control when it comes into your emotion then you will really be having that kind of situation on which you might be ending up on making up some bad trading actions.

I think that's why I wasn't disapointed because I was initially expecting the price of bitcoin to only be 100k, although I canceled the sell order before it touched 100k.
I'm not really expecting a skyrocketing price from Bitcoin because the market cap of Bitcoin is huge now. I've seen a lot of people expecting the price of Bitcoin to hit 200k. I would call it overrated because to touch 200k, Bitcoin's market cap would have to be around four trillion dollars, which is huge. And I don't think that will be possible this season.
And besides, I think these predictions that Bitcoin will cross 200k this time are only expected by those who are new to this sector and have come to invest in Bitcoin based only on the news. And they may be disappointed with the current market movement of Bitcoin.

Topic: Anyone else feeling a bit disappointed because the price is "just" $101K? (Read 552 times)