Where exactly the moon is? | Bitcointalksearch.org

memehunter

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Quote from: goldkingcoiner on January 15, 2025, 02:10:46 PM

Quote from: memehunter on January 14, 2025, 11:47:44 AM

Quote from: goldkingcoiner on January 11, 2025, 10:48:05 AM

I think people have underestimated how far away the Earth's moon actually is, and if we compare that to the price of Bitcoin reaching an equally distant ‘target’, then I'd say Bitcoin's moon is:

Assuming that 1 dollar = 1 km, then the moon should be at 384400 USDT/BTC.

Mars is about 142.2x further away (taking into account the shortest distance from Earth on its elliptical orbit)

Mars should therefore be valued at 54.6 million USD.

For the sake of visually pleasing numbers lets round that up/down.

Moon = $400K USD
Mars = $50 Million USD

I like the way you quantified this slang (qualitative one). I appreciate your Wit and I just want to add the following variable into the equation;
How would you show the price fluctuations of Bitcoin? I mean by your analogy there has to be a steady increase in BTC price with the distance travelled, but we all know that this is definitely not the case.

Thank you for the compliment.

I guess the price fluctuations could be seen as course corrections? So instead of a straight line, the path could be more zig-zaggy. Maybe we even encounter an asteroid and had to swerve to avoid crashing into it? Grin

Good point Cheesy

. Hmm.. course correction.
But if I may suggest that you have to change your first premise of correlating distance with dollars to displacement then. Grin

. I mean, you get the idea right Tongue

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Quote from: memehunter on January 11, 2025, 06:39:58 AM

Edit: After reading replies to this post, I realized that BTC has not reached the moon yet, as the Peregrin 1 lander suffered what ground controllers call ''a failure within the propulsion system''.

Bitcoin is valuable asset, and as long as more investors are rushing into the market, with a limited supply p, it's price will continue to rice. The moon can be any where, depending on when you invested in BTC and how much profits you have made from it. Like those whales who had bought Bitcoin and held in 2010, they might decide to call $100k their moon. The sky is your limit, you can take your holdings will when ever you feel that you are satisfied enough and call it the moon.. currently I can see a bullish break above major resistance in Bitcoin market, and I know we will be breaking a new high very soon.

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The ones who bought Bitcoin back in 2010 or 2012, it's already at moon for them, and the ones who bought it late then they will still wait to see Bitcoin's value going up and up until they can get rich from it. So in simple words for each person the slang to the moon is different, and that's why we can't say that it has reached moon and similarly we can't say that it hasn't reached moon.

Cryptoprincess101

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Quote from: Ambatman on January 11, 2025, 06:45:10 AM

There's no definite price to where to moon really is
As long as we bullish and rising then Bitcoin is heading to the Moon.
Even in $1M per bitcoin people are still going to scream to the moon.
$100K isn't the moon, No price is the moon
As long we expecting a significant rise then we heading to the moon.

Good one, when we say something will get to the moon, it does not mean that there is a definite point it will get to for us to call it the moon. The moon to me means an unending path which means that no matter the price bitcoin is able to achieve, we can't say that we have approach the moon. It's just like ATH, when bitcoin reach an ATH, it looks like that's the highest till another ATH is broken again and that is how it continues from time to time. Even if the price of bitcoin reach $1M, it will also create excitement among hodlers and will look as though it has gotten to the moon but when we start seeing it go past the $1M mark, we will still wish for the price to break more higher than the $1M price point which means that the moon is indefinite.

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Quote from: Abu-Naim on January 14, 2025, 04:12:48 PM

The moon itself has no limit, so I don’t we should have specific among price to be called the moon in any crypto not just Bitcoin, so $100k is not the moon we should be expecting Bitcoin price to be, neither $1M; what really matters is the direction of the market at that moment.

If Bitcoin's price is still under $10,000, then we can consider $100k to be the moon since the price to reach that level is above 10X; that's my own definition of the moon. Everyone has their own picture and idea of what they consider to be the moon for Bitcoin.

Now that we are just circulating around $100k of bitcoin to reach $1M dollars, it could be called moon. Each move of Bitcoin price that others consider as a pump can also be considered as a moon for others; the moon can never be reached and stopped entirely.

Dr.Bitcoin_Strange

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Personally for me, I doubt if I have ever used that slang on Bitcoin, I know I have used it on so many altcoin but for Bitcoin!? I have not, except by mistake or probably when I don't have much knowledge about it.

Some persons, when they referred to a coin or token as reaching the moon, what they actually means is that they expect a new all time high to be reach. While "moon" for some person simply means a price surge. I can say that Bitcoin usually moon during every bull season.

Bitcoin will continue to reach new all time high during bull season, similarly, it will moon continually.

goldkingcoiner

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Quote from: memehunter on January 14, 2025, 11:47:44 AM

Quote from: goldkingcoiner on January 11, 2025, 10:48:05 AM

I think people have underestimated how far away the Earth's moon actually is, and if we compare that to the price of Bitcoin reaching an equally distant ‘target’, then I'd say Bitcoin's moon is:

Assuming that 1 dollar = 1 km, then the moon should be at 384400 USDT/BTC.

Mars is about 142.2x further away (taking into account the shortest distance from Earth on its elliptical orbit)

Mars should therefore be valued at 54.6 million USD.

For the sake of visually pleasing numbers lets round that up/down.

Moon = $400K USD
Mars = $50 Million USD

I like the way you quantified this slang (qualitative one). I appreciate your Wit and I just want to add the following variable into the equation;
How would you show the price fluctuations of Bitcoin? I mean by your analogy there has to be a steady increase in BTC price with the distance travelled, but we all know that this is definitely not the case.

Thank you for the compliment.

I guess the price fluctuations could be seen as course corrections? So instead of a straight line, the path could be more zig-zaggy. Maybe we even encounter an asteroid and had to swerve to avoid crashing into it? Grin

Proty

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The moon to be at 100k purely depends on the investor as regards the amount of bitcoin he has accumulated and also the numbers of years he has been holding before bitcoin reach 100k.For a newbie who started accumulating bitcoin 2 months back before it hits 100k can not say bitcoin has reach its moon. But for those investors who has been waiting for 100k, it can be say that bitcoin has gotten to the anticipated moon. So i rather say half moon, quarter moon because bitcoin is still far from its full moon

Abu-Naim

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Quote from: Ambatman on January 11, 2025, 06:45:10 AM

There's no definite price to where to moon really is
As long as we bullish and rising then Bitcoin is heading to the Moon.
Even in $1M per bitcoin people are still going to scream to the moon.
$100K isn't the moon, No price is the moon
As long we expecting a significant rise then we heading to the moon.

The moon itself has no limit, so I don’t we should have specific among price to be called the moon in any crypto not just Bitcoin, so $100k is not the moon we should be expecting Bitcoin price to be, neither $1M; what really matters is the direction of the market at that moment.

All these shouldn’t stop your Bitcoin investment since you can use DCA method to be buying and accumulating our Bitcoin in our walle.

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Quote from: memehunter on January 11, 2025, 06:39:58 AM

Yeah! Where exactly the Moon is if not at $100k?.

The moon is 100k for now but will change eventually because we all know that the moon does not stick to one position. The physical characteristics of the moon shows that it moves from one place to another around around a cycle. That symbolize what crypto enthusiast say about Bitcoin. The price of Bitcoin is bound to move around an orbit which i consider a cycle. It changes in price continuously.

Quote from: X-ray on January 11, 2025, 10:48:13 PM

BTC going to the moon in my opinion, just mean BTC breaking new ATH and expect that every cycle the target will be set higher than the previous one, just like how right now after reaching $100k people are having another target which is $200k.

Absolutely. To every Bitcoiner we all have a target which we identify as the moon. It varies based on our expectations.

reagansimms

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So far "To The Moon" has always been associated with Bitcoin, now that is a thing of the past after Bitcoin achieved it some time ago. Now I prefer to use new slang, maybe "To The Mars" will sound cooler. Why do I like this slang word? because Mars sounds familiar to humans on earth.

The potential generated by Bitcoin is enormous, previously no one had ever imagined this would happen, the historic record achieved will be a very interesting story in the future and I will tell my grandchildren how Bitcoin developed from being looked down upon to an asset that was able to reach the Moon, even surpassing it.

memehunter

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Quote from: goldkingcoiner on January 11, 2025, 10:48:05 AM

I think people have underestimated how far away the Earth's moon actually is, and if we compare that to the price of Bitcoin reaching an equally distant ‘target’, then I'd say Bitcoin's moon is:

Assuming that 1 dollar = 1 km, then the moon should be at 384400 USDT/BTC.

Mars is about 142.2x further away (taking into account the shortest distance from Earth on its elliptical orbit)

Mars should therefore be valued at 54.6 million USD.

For the sake of visually pleasing numbers lets round that up/down.

Moon = $400K USD
Mars = $50 Million USD

I like the way you quantified this slang (qualitative one). I appreciate your Wit and I just want to add the following variable into the equation;
How would you show the price fluctuations of Bitcoin? I mean by your analogy there has to be a steady increase in BTC price with the distance travelled, but we all know that this is definitely not the case.

Quote from: m2017 on January 12, 2025, 05:59:49 AM

Sounds so-so, your Andromeda.

Really! Probably you are not saying it with whole heart. Try it again, 'BITCOIN TO ANDROMEDA'!!!, see, not so so so. Grin

Alone055

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Quote from: memehunter on January 11, 2025, 06:39:58 AM

Yeah! Where exactly the Moon is if not at $100k?.
We have been using this slang for quite a time and I understand that it carries a symbolism, but still I think it is high time that we should come up with some updated slang Grin

.

As said by @pooya87, we update the figure and not the slang. Wink

This means that as soon as the figure that we had in mind to be "The moon" is reached, the figure behind the slang changes to a higher target automatically, which then becomes the next target, hence "The moon".

A volatile asset cannot have a single target, especially if the asset has the ability to reach new heights in each cycle it completes. Bitcoin has the ability to break above any target, so we can't have a single figurative target for it that we could call the highest target to be achieved.

So, when to the moon?? Tongue

Cryptohygenic

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If if we have to discuss this bitcoin price based on slangs or usually speculative terms for investors and enthusiasts. I would think it varies because we are likely to have different expectations in other or emerge with our profounds on bitcoins appreciative values.
Therefore since I am longing for skyrocketing of bitcoin, the anxiety is to keep seeing bitcoin market price pumping unlimitedly while hoping to see it elastic point.
So I would endorse my slang term here as Evergreen elastic point of bitcoin.

BlackHatCoiner

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Farewell, Leo

The moon is always the price of bitcoin a couple of years from now. Grin

We reached the moon years ago. I propose that we set our sights on Mars next, then the stars. Once we establish ourselves as an intergalactic species, we can start discussing what lies beyond for intergalactic sound money.

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To me, those "fun" meme stuff means nothing. 100k is nowhere near where I want to be, I have one goal and one goal alone and that is bitcoin total market cap passing what gold market cap is. Right now even the whole crypto market cap isn't as big as gold marketcap, so the first goal should be reaching gold with all crypto, after that is done then we should aim at bitcoin reaching and passing over gold. If we can do that, I will call that moon because that would be my goal for bitcoin and I literally do not have anything further to look or compare at all.

I mean that's the most expensive I can see it grow, then when it reaches that point, there isn't really anything that bitcoin could pass, it's literally the biggest one. Of course this isn't going to happen anytime soon neither, we are going to face this fact, we need to realize that it may take as much as 10 or 20 years for bitcoin to pass over gold, but nobody can say it will never happen, the possibility is out there.

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Wouldn’t want to denote the moon with a figure, even if a figure could do it, not by that little. Average people working average jobs in the developed world could attain milestones of the moon in a couple of years with regards to cash valued at $100 but, not the same for actual moon landings. We can’t say anyone to have gotten at least a $100k price would have mooned with regards to Bitcoin, that’s a bit of a let down for the currency.

Moon status is uncommon, not so many countries have their flags on the moon yet and so we can’t peg it at a $100k price. Not very common but, not so uncommon either.

Obim34

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Have we really gotten to the moon, not everyone ATH was rented on $100K price mark even though we all wanted to see Bitcoin with a three figure.

Quote from: m2017 on January 12, 2025, 05:59:49 AM

Quote from: memehunter on January 11, 2025, 06:39:58 AM

So now IMO when we have achieved both figurative and literal essence of, 'BTC to MOON' I think we should come up with a new slang. Like Bitcoin to the Andromeda ! Grin

Sounds so-so, your Andromeda.

From my research now, this Andromeda looks close to the earth, can be visible even without a telescope, if Bitcoin anytime should get about $1M, i wouldn't want to use same term because we get to keep increasing the terminologies and astronomically proven there are still many galaxies beyond the Moon, Andromeda and what next, the farest is the HD1 may be we can come up with something.

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Quote from: Solosanz on January 12, 2025, 12:47:05 AM

Bitcoin to the Sun ☀️

careful there, we do not want bitcoin to have an ending like icarus.

Quote from: Solosanz on January 12, 2025, 12:47:05 AM

Sun is closer to moon and Sun has a similar appearance like Bitcoin, it's round and the color is a combination of yellow and orange. So, Bitcoin to the sun is more make sense compared to Bitcoin to Andromeda, reaching Andromeda is like when Bitcoin price can't be written anymore.

☝🤓 um actually... the sun in fact is not yellow and orange, it's white. it only looks yellow/orange from earth because sunlight is scattered by the atmosphere.

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Quote from: memehunter on January 11, 2025, 06:39:58 AM

Yeah! Where exactly the Moon is if not at $100k?.

To the moon is an abstract value, not a specific number, which represents the maximum current bitcoin's ATH.

The BTC-community will never be enough and the community will always shout this slogan. Even when BTC reaching $200k, $500k, $1000k, etc.

To the moon is a symbol of faith in the future BTC's growth.

Quote from: memehunter on January 11, 2025, 06:39:58 AM

We have been using this slang for quite a time and I understand that it carries a symbolism, but still I think it is high time that we should come up with some updated slang Grin

.

Why? To the moon already sounds good and has become an established expression.

Quote from: memehunter on January 11, 2025, 06:39:58 AM

So now IMO when we have achieved both figurative and literal essence of, 'BTC to MOON' I think we should come up with a new slang. Like Bitcoin to the Andromeda ! Grin

Sounds so-so, your Andromeda.

Quote from: memehunter on January 11, 2025, 06:39:58 AM

Let me know what you think of it and suggest some new slang.

I'm only worried that the slogan "to the black hole" might stick to bitcoin. Let's cross our fingers that this doesn't happen.

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