$36k is chopper time. $35k was yesterday.
Did we do $35k yesterday? Damn I missed it!!
A quickie, but a goodie.
Have you noticed people are accumulating early before the halving? You gotta love how psychology can have such an impact in financial markets.😉
Well remember 2 or 3 months ago Adam Back was specifically proclaiming (and betting) that BTC prices will reach $100k on or before the upcoming halvening.
I don't even believe that the odds are high for such to happen, but it surely is not even out of the realm of possibilities to get something between 3x and 4x within the next 6 months or so.. and remember early to mid 2019, we had right around a 3.5x price move
(from $4,200 to $13,880) in 3 months.. and golly-gee-wiz, even though it takes more money to move the BTC price when the prices are about 8x higher,
yet surely we seem to have at least 8x the interest in bitcoin and 8x the amount of money that is sloshing around to capture the number of coins that are available, which also does not seem to be an expanding phenomena in spite of some of the various attempts of not quite honest players to make more bitcoin,
which likely is frustrating to them, but also seems that it might even become more frustrating if some of them get caught with their pants down and try to present themselves as if they have more corn than they actually have, which we know that a lot of modern financial instruments allow for such "creativity", but the school of hard knocks of bitcoin (aka king daddy, aka honey badger, aka my lil precious, aka lillie fiend) may well end up punishing some of those manipulator wannabes more than they are able to sustain, especially if a large number of bitcoiners decide to exercise their rights to take custody of their own proper cornz.
Hello all.
I'm not here a lot these days as work is crazy, I'm doing nights for more money, and I decided to try and get a better diploma for a better salary (and a more interesting job) so I'm doing night school too.
Anyway it was nice to see our beloved break the boring sideways action and go up.
It's my birthday today, I'm starting a new decade and am officially old or let's say not young (40), so I'm asking for BTC at 35K as a gift !
Happy birthday man. All the very best, but BTC @ $35k? That's already done! Aim higher!
You're still young. There are WOers twice that age having a blast...
You have fun with those coins... We don't want your donation.
It surely can be difficult for HODLers to continue to HODL when the see BTC prices like we saw in the last couple of days and even once you add up the last month or so, and so HODLers frequently get so excited and even the more self-restrained of them will sometimes be able to hold out until the new ATH or even sell within 20% or so of the ATH to the upside and conjecture that they are "killing it" when they thereafter end up getting reckt through their opportunity cost losses that are subsequently shown by their selling too much too soon.. and sure it is almost inevitable that some folks are going to become statistics.