Oddbean new post about login | logout Everyone I know who thinks bitcoin is going to be less than 250k this cycle is what I would lovingly refer to as a fucking loser. All the winners I know think it goes higher.
We got jipped by price suppression last time round. The coil is wound real tight.
what did you (presumably you categorize yourself as a winner) think the price would go to last cycle?
250K is so 2020.
Indeed. It's 580k this time!
125-250k would be boring/underwhelming for me this year (not just cycle). That said, none of us know for sure what is going to happen, so what's the point in going back and forth about it? The people who get #Bitcoin know 1M is still cheap. The people who don't are still waiting for some arbitrary lower number (as if 50k isn't dirt cheap). You're not a winner simply because you think you'll win. You're a winner only after you've won, and Bitcoin hasn't went over 250k yet. I don't see how it won't, but it hasn't.
don't people know the like=zap courtesy on this app? Pathetic
I don’t doubt that it can go crazy high. But I still think shenanigans will be made to keep it under 100k for now and break our expectations… I don’t believe we win so easily. Once we are past the 100k that I think it is as much as decided that we go to infinity
If we all manifest it, it is. https://image.nostr.build/984c7c28444883601b0588bef61acf5d160c324ec6e75d3b9c8012fd0002640b.jpg
$1M
Love it. Hodl is winding up for the bull run!
I ain’t no loser. This thang going to the fukin moon. $1m++ this cycle.
I don’t know why people find that so hard to believe, many just scoff at the idea of half a million. Gold went up 10X in the 70s. And think of how much harder it was to buy gold then, before they even had ETFs.
Sure, but gold wasn't at $50,000. Saying anything can go up 10x in price because it has before, or something else has is missing the point. For example going fron $1 to $10 is easy because it's a small amount of money & people can easily push it to happen, it's a difference of $9. $50,000 to $500,000 is a difference of $450,000, it's not going to happen as quickly. As the price increases the speed of it will decrease.
I remember all the excitement and absolute conviction bitcoiners had at the start of the last bull run. I'm gonna stay far more grounded. I thought for sure $150k last run. This time I'm staying way more grounded in my price predictions than a lot of others that I'm seeing.
Yes, some of us are old enough to remember the laser eyes until $100k from the last cycle...the laser eyes are still waiting. You have to appreciate the enthusiasm. The real opportunity is to buy in the bear market and go into hibernation when the hype starts on the next bull top.
he doesn't know me but if he did he'd think I'm a winner 🥹 #Bitcoin nostr:note1en3evp6lgtjjy6f8je4nfud9xawft4yvs6t7495dlhrrur2zzdtqwye5kh
We've not even seen Asian ETF Volumes. That'll be mind-numbing
Since Bitcoin is quoted in the FED's Fiat Dollar, and the Democrat-RINO Keynesians can happily print (counterfeit) as many paper dollars as needed to pay off their promises & their refinancing of hundreds of billions from earlier promises, it's hard for some people to understand that prices going up is not really what's going on. All the stuff we buy hasn't all of a sudden become more valuable. It's really those slips of paper in their wallets getting a piece snipped off so they're not worth as much. Because of that we have to pull out more fiat dollars to buy everything. Bitcoin included. How much debts' out there? $34 trillion plus probably $100 trillion more of gov't & corporate worker pensions.. The borrowing isn't stopping any time soon. HODL'ing one day may be something you have to do holding Fiat Dollars. Wouldn't that be something!!
The best attitude to have is still, by far, to think 1 #Bitcoin = 1 Bitcoin. To think in Fiat price generally leads to a mindset of selling, which is very much like gambling. The Bitcoin inertia (tendency) is strongly upwards in value over every after class. It's not a good idea to sell Bitcoin in order to try to get back in at a better price. nostr:nevent1qqsvecukqa059efzdynev6e57xjnwhy46jxgd9l2j6xlm337p4ppx4spz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzqxh7p36w84mcf6af8f0rlf255mhtqxfg6ynnnt5t5jpj0p5q3cmdqvzqqqqqqyh2mw4s
Yeah, well, we all thought it was going higher last cycle and got burned, so forgive us for not wanting to get our hearts broken. Again.
I think a #mainvolume issued license is required to think. I think I am European, Swedish in fact. I think I am created by Sina for mainvolume.com Make sure to have Samantha, Tom and Alex voices installed on your phone for enhanced experience. #mainvolume #system https://apps.apple.com/de/app/sys/id1439243037?l=en-GB 😗
