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Topic: Gold is up to new ATH, silver is up, BITCOIN IS BACK BABY!!! - page 3. (Read 415 times)

sr. member
Activity: 1470
Merit: 428
For me, it doesn't matter what kind of information you have a hold of right now, the main thing is that BTC is money and it is the future of how transaction and payments online will be concluded.
The ATH of BTC right now as compared to gold or dollar or any Altcoin is rather dumb and the most important thing to bear in mind is how the value of investment in it remains after the said duration without a promising loss, unless one intends to invest in gold which I have never come to know doesn't lose as much value after centuries unfolded.
hero member
Activity: 3024
Merit: 745
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I am optimistic of what's about to come for Bitcoin but when I've read the WW3, that sucks. I don't want to see another war that will make people suffer, it's either you or me or anyone on this forum will be affected by that badly if it triggers and happens into reality. That's the reason why I don't want to get on it, we're too tired to get on another one when this year we've got a lot of it and they're still nonstop.

will bitcoin reach 50k before this year ends, or will bitcoin only reach 44k, and after that it will fall again until the halving arrives.
no one knows and let's just watch the show.
No one knows but let's get into the possibility is there even if we're less than a month now and we're about to see this year end. We've seen for the past days that the price moved up quickly so, there goes the pattern of a quick skyrocket that might happen and will make Bitcoin reach $50k again.
sr. member
Activity: 2842
Merit: 326
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By now any investor of gold would have sold part or all  at the resistance zone because Gold had hit a strong resistance zone at 2126 likewise Silver while Bitcoin broke and smashed all it resistance zones with reference to weekly timeframe chart that means the prices of Gold and Silver correlated with each other while that of Bitcoin is not correlated with those two previous metals invariably investors of Bitcoin are now having upper hand in term of profit meanwhile the next resistance zone of Bitcoin is around $48K+ thus there is still run for upward trend for price to trend bullish i.e more profits for it investors.
sr. member
Activity: 1022
Merit: 252
As we approach 2024, the stage is set for an enthralling drama involving elections, global conflicts, and the perplexing fate of traditional currencies. Bitcoin, the protagonist, recovers, leaving naysayers in the dust. The screenplay, however, is unknown; will BTC reclaim the global reserve throne, or will a new rival emerge? The drama plays out, and we brace ourselves for geopolitical twists, economic shifts, and maybe unanticipated pandemics. Adaptability is our screenplay in this crypto theater, and preparedness is the key to navigate the approaching drama. So buckle up Bitcoin's encore is only the first act of a fascinating concert.
legendary
Activity: 2338
Merit: 1775
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In my opinion, the increase in the price of Bitcoin (which we are now seeing) is only indirectly related to the upcoming halving. 

Nowadays, almost everyone on planet Earth knows about Bitcoin and the halving mechanism.  Therefore, information about this event is already included in the existing price of the first cryptocurrency.  This is why the price of Bitcoin began to rise before the halving, and not after it. 

This growth is due to completely different reasons.  The price of Bitcoin is expressed in US dollars.  A political struggle is now beginning in the United States (the struggle between globalists and traditionalists).  The US presidential election is coming soon.  There are different possible outcomes of this event.  This circumstance does not add stability to the US national currency. 

This means that the price of Bitcoin relative to the price of the US dollar will rise throughout 2024.  The price of gold and silver will also likely rise (but at a slower rate than the price of Bitcoin).
hero member
Activity: 2114
Merit: 603
Yeah the buy time is gone now we have entered in bullish run already but there could be a chance real soon. If Bitcoin price makes a correction then there could be quick buy chance. However, no one is going to be very sure when this will happen. I am considering to buy small portion even at this rate just because I think it could pump to new ATH as to what we seen back in 2017-18. However, this is not advisable to others as long as they are ready to take their own risks. Smiley
But we have come to the range where new opportunities are going to open soon. So yeah OP I feel your energy and its gonna be intense by the end of December month. Lets brace for big pumps.
sr. member
Activity: 1316
Merit: 422
I don't care about the glittering price of gold, my main focus is the price of Bitcoin which is heading to the moon. A beautiful start before entering the new year, what are you waiting for friends, it's still early, there's still plenty of time you can use before the sun sets. New pandemic, sounds pretty cool. Whatever the name is, it will not cause the Bitcoin market to collapse any time soon. This is real proof, the Bitcoin market is in turmoil after the ups and downs that occurred some time ago, prepare a stronger footing to withstand shocks that could change your plans.
hero member
Activity: 742
Merit: 633
I thought Bitcoin was perform really well since it can reach $40K level, but actually almost all investments are rising. I guess there's something that makes people suddenly want to invest, many people said recession would happen in this year, but it seems many people are still have a lot money to invest.

will bitcoin reach 50k before this year ends, or will bitcoin only reach 44k, and after that it will fall again until the halving arrives.
Possibly.

Based on historical price, Bitcoin make new ATH after a year of Bitcoin halving, it's not after halving the price will fall.
full member
Activity: 1554
Merit: 101
will bitcoin reach 50k before this year ends, or will bitcoin only reach 44k, and after that it will fall again until the halving arrives.
no one knows and let's just watch the show.
legendary
Activity: 3304
Merit: 1617
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Good to see you happy OP. It was a long, cold crypto winter. Bitcoin was always going to do this again at some stage though, it’s what the King does. The halving is near & we have ETF approvals near hopefully. There will still be dips but stay calm, the next 18-24 months should be very good for us.
legendary
Activity: 3500
Merit: 6981
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My man tread93, you sound like you're in a serious state of euphoria right now--ain't bull markets great? 

I haven't heard anything about a new pandemic, but news tends to make its way very slowly into my realm and I'll have to check that out.  You mentioned silver rising, and as I own some that's always pleasant to see, but I think gold has gone up even more.  I can't remember the high back in 2011, but I think the price it's at now surpasses that.  Crazy, crazy, crazy.

Anyhow, glad to see you in such a good mood.  Let's just hope there's a trend here and bitcoin's rise isn't some sort of fluke.
sr. member
Activity: 546
Merit: 309
I want my baby back baby back baby back!!! Chilllllllissssss babyyyyyy back ribbbbbsssssss (iconic chili's commercial)  Bitcoin is back baby!!!
OH YEAH!!!!! (Koolaid man) Bitcoin is coming back and it feels so good!  But not so good for those baby back B!t$#es who were too FUD bustered to HODL and buy some more.
Your happiness seems like you are holding a good amount of Bitcoins which is bringing you a big profit. Yes when the price of bitcoin increases then a positive effect is seen in the whole crypto market and at that time almost all types of crypto investments give us good returns. The way Bitcoin price has started to rise will make a new ATH very soon. On the other hand, we have seen previously that when the price of Bitcoin goes up, the price of Gold goes down and when the price of Bitcoin goes down, the price of Gold goes up. But this time we see a completely different picture. Now Gold, Silver, Bitcoin all started to rise simultaneously. This is good news for all types of investors
sr. member
Activity: 882
Merit: 215
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Hang on to your butts!!! Put your seat belt on! Grab some popcorn and a drink because we have quite the show ahead of us folks!

We are headed into 2024 in less than 30 days now, headed for a new election, headed for a future that could ential WW3, the fall of USD, the rise of BTC as the new world reserve currency or a new world reserve currency?  Possibly a new fabricated pandemic to try and steal more freedoms away? Good Lord I hope not! But nobody knows, and one thing is for certain:We must remain vigilant and steady! Use this time to prepare and get a stronger footing because what is coming is going to shake the entire ecosystem

It's commonplace for negative news to happen, and investors trade off the value of bitcoin. I think that if we are not a beginner then we will have no trouble figuring out how to use this market and If this is true, then we can live for a long time like this without the stress of needing to work.
legendary
Activity: 2282
Merit: 1041
I can feel the enthusiasm reading the first post. Yaaaa!! Its Baaaacckkk!

Gold doesn't have a limited supply but it still goes up more than 50% already. BTC however is becoming more meanstream as more investors from macro institutions on TV praise BTC than Gold for its limited supply. They know the halving is coming you could already see the money want and the ETF drives them to invest.

legendary
Activity: 1372
Merit: 2017
Gold and silver has lose many customers to Bitcoin when the price of Bitcoin hit $69,000 last two years for long term and short term holders to used the opportunity to achieved a lot of income that gave other people mind to withdraw their money from gold and silver investment and invest the money in Bitcoin.

In my opinion that is not exactly the case. Part of the market cap of gold and precious metals in general that was used as a store of value has been absorbed by Bitcoin, but not at that specific moment of the ATH, it has been a slow process that has lasted years from the moment Bitcoin was launched. If we compare the profitability of gold versus Bitcoin in that period we will see that gold has barely been profitable, the opposite of Bitcoin. That we are on the verge of ATH in gold is another indicator that the best is yet to come with the price of Bitcoin.
full member
Activity: 2184
Merit: 184
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I don't think, investors will quit Bitcoin that is about to moved to another level where investors will begin to see what they have not see since the beginning of this year just to alert their investors, what is coming soon will be massive for Bitcoin investors. Gold and silver has lose many customers to Bitcoin when the price of Bitcoin hit $69,000 last two years for long term and short term holders to used the opportunity to achieved a lot of income that gave other people mind to withdraw their money from gold and silver investment and invest the money in Bitcoin. It is no longer a news that bullish season is very close to those that prepared well to buy Bitcoin when the price was low in the market to enjoy massive reward soon.
legendary
Activity: 4410
Merit: 4766
Gold prices are not reassuring, and it seems that the yellow metal has lost its luster. Therefore, no one expects many changes in the price of gold for the coming year.

no one should buy on the tip of a ATH.. expect a correction
no one buys high sells low. so expect idiot gold hoarders to cry during the crash that they bought on the high
legendary
Activity: 2688
Merit: 3983
Gold prices are not reassuring, and it seems that the yellow metal has lost its luster. Therefore, no one expects many changes in the price of gold for the coming year. As for Bitcoin, it is not clearly affected by political variables, such as choosing a president for the United States, and there is not enough market capacity to be the number one currency and the global reserve currency. Therefore, nothing will be decided next year except expectations of reaching $100,000.
sr. member
Activity: 1708
Merit: 295
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(...)We must remain vigilant and steady!
For what?

Anyone's excitement about the bull market is inevitable, but the problem here is that we are seeing things revolve around it so that the price goes to specific targets. With Bitcoin, if it is not the current price increase, people will also have the perception that its future will be great, so sometimes certain conspiracy theories are just to manipulate the psychology of weak and FOMO prone people.

But recently, many financial markets have had a very exciting atmosphere. Because I am not a beginner, the current problem can only be seen as the gloom returning at some point. The return will not affect the investment plan.
legendary
Activity: 3248
Merit: 1160
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We didn't see this coming, LOL.. honestly, I thought bull run would come around after the halving but it came early this time. Probably because it's december, and just like the gold old bullish days, December is a great month when the market is bullish.

Yeay, welcome back bitcoin bull run, let's get this party continue its run as there's a lot of prove to the world, kill those doubters by bringing back the ATH, not this year (For sure), next year(For sure)... Grin Grin

AND LASTLY< HOLD!!!!
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