Topic: Bitcoin will not be able to stay above $40K for 10 consecutive days ever again! (Read 564 times)

Ten days have past so this is not a valid thread.

I will lock it on Monday.

If we look at the current Bitcoin price increase which is above $40k, I don't think it's a coincidence. This rise occurred as more and more people
realized the potential of Bitcoin and finally more and more people invest in Bitcoin. That what makes Bitcoin's rise unstoppable, if we don't believe it,
we can see a graph of Bitcoin price movements since Bitcoin entered the market, which every year Bitcoin always rises to a higher price. In fact,
I am optimistic that the price will continue to rise and could soon return to the price of $60k in the next few months. So if someone doubts
the potential of Bitcoin, that person doesn't really understand Bitcoin.

Yeah. August 5th so 8.5days down 1.5 to go.

If I do a new thread it will be 45

as 30 35 and 40 will be done.

I don't know if there is a bit of sarcasm with this thread or not but... yeah it looks like that the subject title will be changed again
It looks like Bitcoin stayed for more than a week above $40,000.

I will wait for the title to be changed into "Bitcoin will not be able to stay above $50K for 10 consecutive days ever again!" or I will wait for a new thread with a title of "Bitcoin will not go below $50,000 for 10 consecutive days every again" after Bitcoin reached $50,000 .

I just counted based on Daily candle closes and make it 8 days so far in a row, assuming when we talk of "stay above" it's a reference to end of day price at least.  I'll be the contrarian and now claim that Bitcoin won't spent 10 consecutive days under $40K ever again, as long as the 10th day is met above this price. Although in reality if price only reaches $150K this year then it's more than possible, so I'll go for the hope it reaches $200-250K with a blow off top meaning the pull-back only goes as far as $40-50K...

Bitcoin is unstoppable, that's why we are all not surprised by the current price movements, investors are increasingly close ranks and focusing on bitcoin. although it seems like a coincidence but in fact from the various things that can affect it.. it has been proven real and happened.

It's been five days since Bitcoin price has gone over $40k. And it continues to increase even more. I think that it will be ten days quite easily considering the current view. It is moving on like it is unstoppable. Hence, I think you should get ready to make it $50k instead of $40k soon. 

This is a very challenging thread and allows speculators to bet and challenge OP so far OP lose this one but he can create another one to challenge speculators and investors again I hope he or anyone can do this until Bitcoin reaches $100k which is quite possible if we have a big pump in the last quarter.

I agree, bullish season is back we are now at 45k$ and counting if Bitcoin will continue to rise I will predict that it will maybe go higher price and make a new ATH maybe it will be at 70k to 80k$ at price and there is a great possibility that 100k$ will really happen this year.

Well, well, well.
It seems I am right that we are on the road of $50k, seeing the price right at this moment it seems like it will almost break the $45 price and soon it will hit the price of $50k --my prediction. As I said on the first page, the price of the bitcoin sometimes matter on the trend and the news around, as we heard there is some good news of adoption that happens that makes the bitcoin price having resistance and break the wall of $43 and now we are almost in $45.

What you predict is correct, the bull run has happened because now the price has reached $43k, I'm sure tomorrow or the day after tomorrow it will reach $45k and will continue to rise, there is still a chance to buy because the price will continue to skyrocket.

20 minutes in.

Flight is nominal.

Oh for sure I have posted quite a bit regarding PlanB's stock to flow theory, and many aspects of PlanB's theory predate him, so surely his efforts to plot out the historical BTC price performance data and to repackage it in terms of projecting forward has a lot of validity, even though we know for sure that the future is not guaranteed in terms of the model having imbedded guarantees but of course, trends and probabilities to stay in conformity with the trendlines.

Anyhow, in the past couple of years, I have tended to package PlanB's theory in terms of being the best of the BTC price prediction models so long as it is coupled with the four-year fractal (of course somewhat redundant with plan B but worth it's own separate repeating) and the idea (model) of exponential s-curve adoption based on Metcalfe principles and networking effects... so anyhow, from my perspective there is a need to account for all three of those BTC price prediction models when considering bitcoin price dynamics, both long term and short term, but of course, many of us appreciate that in the short-term BTC prices tend to be all over the place, so those three models tend to provide guidance for longer-term BTC price dynamic ideas rather than giving us a lot of clues regarding where BTC prices may or may not go (or not go) in shorter timeframes.

Are you by any chance a supporter of the PlanB theory? ^{[In any case, we all need to be patient]}

Well, this is just a theory ... I think we need to get rid of the background noise so that the events unfold as you said, and as PlanB predicts. Since looking at the billions dollar capitalizations of other shitty coins, it becomes obvious that the declared amount of money in the capitalization of all altcoins is fiction. I am leading to the fact that I am looking forward to an extremely negative scenario for alternative cryptocurrencies, scenario against which Bitcoin will be able to take its well-deserved place in the form of 80-85% of the value of the entire cryptocurrency market. I hope I'm not too skeptical, although I have every right to do so given my experience, (experience of losing money).

Yeah, $39K just under 40K but its actually good figures after long sideways instead of red days this shows that volatility of bitcoin is shrinking after every cycle in terms of percentage but in fiat value the value keeps increasing.

It does not tend to be a very sound practice to be trading bitcoin based on internet rumors or even shorter-term speculations.  The people who have done better/best in bitcoin seem to be ones who buy and hold through a couple of cycles or longer..

Of course, you can continue to buy BTC if you do not have a strong cashflow which also has tended to do well, and would be consider dollar cost averaging investing, but if you are screwing around with trading or trying to figure out sentiment, you may well get tricked out of holding onto your bitcoin, which is what you need to have when the BTC price is going up.. presuming that we will get UP from here at some point.

bitcoin is still as stable as you said and is at $39,000 this week. it can be said that the bullrun will happen again, we have prepared several assets that will bullrun together.
You don't get stuck with rumors on the internet because these rumors affect our decisions in making our decisions.

Well, it is almost there --perhaps on Aug 9, this will never 40k thread because it will become a $45k of bitcoin price.
The correction heals so fast and no one can stop it and there will be another one and I smell like we are on the road of $50k.
However, your wedding anniversary celebration would be happier if that will happen. ^{[ Best wishes ]}

I believe what you say but I do not think we are there yet and the corrections in the next couple of years will bring it below the 40,000 mark but I agree with your point eventually we will see it never dipping below 40,000, 50,000 maybe 100k

I guess you don't need to know because you already believe that the king doesn't need to be awakened, unless it's time to wake up.
but do you just rely on the king and don't need the help of his soldiers to fight to increase the prosperity of the king (bitcoin) or in other words you just hold on and need trade transactions.

Bitcoin still steady at 39k maybe it's making correction on this moment to surge again mate, By the way op what do you mean attack? To be honest there's no such news in the internet about the current situation of bitcoin nowadays wherein why it suddenly stuck up in red again. probably we need to understand the situation and wait for more results before making speculation because it seems normal correction..

proudhon's constant attacks on Bitcoins price just look to me like a person who wants attention its funny because they are proven wrong a little time after they have made these claims. I have nothing against proudhons but I think I know their motive of creating these threads.

I am agreed with your opinion that bitcoin price is unpredictable and related with trend mate, who will known that today the rumors will bring BTC up to $60k easily, well yes this is totally speculation, but as we know, market nowadays is sensitive with issue and rumors, so i still have believe the whales will take actions if btc were falling too quick.

I don't know what attack is meant here, because I don't really care about Bitcoin going up any price and going down any price. What I'm trying to do is keep what I'm currently holding unaffected by attacks in any context. I still put Raja to sleep and let him have sweet dreams.
Oh, one more thing, since this is in a speculation thread, so there's no reason for me to ask for any references. Broadly speaking, you are free to have any predictions for Bitcoin.

drink a large glass, and gulp until you are unconscious.

Is this in anyway daring bitcoin to go ahead to go for a new all time high while it stays above  the $40,000,  as I win the side bet too  

Bitcoin is full of wonders, never say never, it can do all this in one day, drop as far as a $30000 just as a liquidity grab and move back up in over drive to a full throttle move to the up side and those $30k level threads will be alive.

And when that happens, @proudhon will be there to say that it won't be able to stay above 10 days and saying that his/her claim is backed by science and math even though he/she can't prove it because there's really no science or math behind his/her claim.

I hear what you are saying.. but at the same time I am thinking, ONLY 10 days above $100k?

But, I suppose we have to start somewhere, and there is a kind of Lindy effect that people likely realize when the BTC price stays up in certain areas for certain periods of time, then there develops some kinds of norm creation for the price to return and exceed the previously established levels, even if sometimes it might take more than 3 years to get to that previous point and to sustain new prices above the previous point....

We've seen it again and again.... so get past $64,895 first, and then get to $100k.. perhaps above that price (is such $100k price sustainable or not, or might we have some resistance there?).. then above and beyond at some point... this cycle or in the next one?

Anyhow, back to the thread, we know that these various prices of $30k, $40k and $50k or price goals for ants, so they are likely to be in the rear view mirror soon enough...

I hate to proclaim too much, but still thinking that any of these price might have decent chances of NOT being visited again.. let's say a few years down the road when we get to the bottom of the next cycle.. but for now they are still areas to get over.. and maybe accumulate more if you have cash coming in  or accumulate more if you just feel comfortable getting a bit extra BTC... of course, accumulating more if you have no BTC, but should be a given for any peeps following these threads, that getting off zero is a kind of baseline that everyone should have already met that part.. so then once getting off of zero and once getting some BTC, such as 1% to 10% of your portfolio or more, then the next question would just be to figure out in terms if you want to continue to be fairly aggressive or not.. which gets us back to the question of possibly overly accumulating a wee bit... just for funzies....

very individualizable questions regarding what you should do?  what you should do?  How much is enough for your particular situation?... and yes, sometimes just getting stuck in the $40k area for a while could help for some guys just to accumulate some more BTC with some of the cashflow coming in, while it last.. 10 more days or whatever.

That moment when btc wil be the first 10 constructive days above 100K

Man I can’t wait for this to happen

 

Nice thing is, I know it’s gonna happen 

well after 4 days it falls down to 39,000 again just this moment

https://coinmarketcap.com/currencies/bitcoin/

though i still believe in bitcoin making its way up to 40k again , yet i limit my expectation for me not to fail again.

and besides i am willing to hold so it doesnt matter if this will drops down to 40k even 20k but in the next years maybe the time for all of us.

Pretty right. There's a lot of selling pressure everytime Bitcoin hit the 40K level especially the 42K which is showing great resistance. Bitcoin is crumbling again and showing a very bad sign for another dip. This is a very bad news for the general market in case there another since the 28k to 29k support was barely holding the last time Bitcoin visit that price level.

...

Phil's right (erm, so far)!  Gonna have to start the clock again when BTC is back over $40k.

$39,610 as I write.

Well, it seems you are right. Let us see.
But I am sure that is only a short correction.

I think in 10 days bitcoin can still hold at $40k. even the $41k price has been going on for 4 days after a price drop a few weeks ago. The recent price gains have brought some optimism back into the market, especially after bitcoin maintained its double-bottom bullish formation on the chart at $31K. However, the bigger picture remains unchanged as Bitcoin is still trading in a $30K – $42K trading range

He is just speculating or maybe just making a joke, but he just posted only 10 days what happens next is open it could go down or could go up, but if you check the market, it's doing great now, but honestly, I admire the guy he comes out with a thread with a very interesting title that generates interests on FUDSTER and shills, he can always come out a second or a third parts and go on on every bear trend.

Yeah, that's why s2f model points to either a 2013 or 2017 run, both will have a similar run and we will do have $100++k at the end of the year.

But let's see, its fascinating to here that we have this kind of movements in years, anyhow, I'm seeing the price at $41,5++, so still above $40k threshold and hopefully it will continue in the next 10 days. But bitcoin has proven another perma-bear, so that ball is now on his side.

If anyone like it or not, there will be a time Bitcoin will never fall to $40000 again, Bitcoin is an appreciative asset, it is now 11 years since its creation which makes it to still be a young asset class, how about some or many years to come, Bitcoin price will still reach $100000 and increase above that. So seeing someone saying Bitcoin price will never be $40000 again in 10 consecutive days is surprising me, but many people just say what they like, there were some that have said in the past that bitcoin will not increase anymore when its price was still at $1300 or lower. I hope it will not be too late before such people realize how deflationary and appreciative Bitcoin price is.

For last ten to eleven days, btc is printing green candles on the daily time frame. I think this is very bullish and we are heading towards 45K+ levels. Once we cross this level, i can see the all time high and resume of the bull season. Infact, bull season was never ended 

We need to wait for significant rise of btc until it hits $45k before we're going to see more upcoming pumps.
When we still not see it happening now, it's still possible to see btc price to saturate down to $35k or less.
If given opportunity that it might take off again, don't waste that big offer, try to accumulate your assets then buy another quantities of btc or other promising coins as your preparation towards future market halving.

Oh come on!

I think what alot of people have in their minds right now is a repeat of 2013 pretty much. Basically for those who werent around in 2013. It had 2 tops, it had a top in April and another one in Nov. Now when I got started with crypto, I remember everybody in June/July 2013 saying that "BTC is dead, will go back to $10 a coin" and it traded sideways and eventually bottomed out in July sometime. Then it started to trend up.

It break ATH and then got really crazy in the month of November when it peaked at $1100. What is interested is that people in July 2013 assumed that it would be a long bear market, they had no idea it bottomed out. Just like last month we all assumed it would go to $20K at least. So I don't know what the ATH will be again however it'll most likely peak this Nov/Dec 2021.

Man, the amount of sarcastic and sardonic comments in this one made some of the users reply seriously. It's okay that you did though, you're still participating in the conversation. I think you are wrong, bitcoin won't be able to touch down 50k again because it's not sustainable under 10k USD.

I think Bitcoin will not go down below $40,000 ever again. We will be missing $30,000-level threads and discussions because they are going to be a thing of the past from now on. That's also my personal opinion. 

I sometimes love the perma bears. They are sometimes fun to talk with. Sometimes I find them amusing especially because they are always proven wrong by Bitcoin and yet they persistently stick to their opinion. 

My fail is Early this year we were about 64-65 k and I guarantied 70 by may

So this is penance of a sort.

I mostly mine and btc at 41k with a difficulty of 14.3

Is better for me then 64k with a difficulty of 25.03

So I am in constant bull mode. Since last Novemeber.

Myself watched the thread, and I believe it had coincidence for sometime being, only thing I find wrong is the word ever again. Now he might've corrected himself. Everyone knew the growth of bitcoin is unstoppable, so such a word isn't needed.

Is there any indication that the price of Bitcoin can hit $50k this Month if August?
The price of bitcoin is better now but I don’t know what analysis you use to predict this price, that’s pretty good and a lucky prediction. Bitcoin up trend can last for long and not just in the next 10 days, hopefully we can sustain this one.

Unfortunately, I have him on my ignore list when I started to saw his "Bitcoin will not be able to stay X amount blah blah blah" thread.   (and that's why we have this ignore button)

But I will keep in touch with this one though, and respect to bitcoin for being so resilient with this kind of attacks.

Let’s cut to the chase, BTC is never & I mean absolutely never, under any circumstances going to $100,000+ in 2021

Poor Bitcoin. Like an indolent teenager with clueless parents trying all sorts of tricks, including reverse psychology.

yeah we could say 45k and 50k or even go all out and say 66k.

But for now 40k works.

Remember this is about proudhon and his btc posting.

Not about my posting or beliefs at all.

Aug 4 will knock out his 35k thread 🧵.  ( I hope ).

My 40k thread will be wrong on my 35th wedding anniversary aug 9th. [I hope]!

Well, you are both wrong.
Bitcoin price is unpredictable and it depends on the trend that will come, --sounds like if there is another institution that announced an adoption.
However, my real belief is bitcoin price road to $50k with in this month, that is my opinion and there is nothing you can do. Let us hope there is another good news will come so that the price will not have a correction by this time.

Incorrect.  Orderly has NOTHING to do with Science or Maths. 

In fact, it might be better to change the thread to $50k. 

Sorry, just stating Facts.

No you have to wait for the 35k to drop.

then you can do the 45k thread.

my 40k thread has replaced the 30k thread since it is dead.

August 4 knocks off the 35k thread.

you can jump in with your 45k thread then.

We must be orderly about this.

...

Wrong.  Sorry guys. 

Bitcoin will not be able to stay above $45K for 10 consecutive days ever again.

Better sell.  Science and maths.  You know the drill.

His last thread has to be some kind of record. "Will not stay above $30k for 10 consecutive days ever again." It then immediately goes above $30k, and 10 days later it is still there. His prediction literally couldn't have been proved wrong any faster than it was. At least when most people make super bearish price predictions it takes a few months to rally and prove them wrong, and not literally as soon as physically possible.

Maybe we can add him to the list of bitcoin obituaries. As an aside, I really like the new timeline layout they have on their site: https://99bitcoins.com/bitcoin-obituaries/

I'll check back in for the thread at $50k.

Note in response to proudhon's

threads for 35k and 30k

I entered a preemptive strike.  I did a thread for 40k


to quote him

"This is too easy"





Note this is an homage to his persistent attacks on BTC price.



My real belief is mine on! Which is what I do.