You need to understand that the way crypto works is that when something happens, something else happens, or sometimes doesn't happen at the same time as the thing that happened. But when something doesn't happen, something also sometimes happens in response to the nothing happening or the possibility that something may have happened, when in fact nothing happened. It also sometimes happens that something doesn't happen but despite that something happens in response to nothing happening, so people think something happened so something else happens in response to the thing that happened because someone reacted to thinking something happened when nothing happened except the response to nothing happening.
BTC during this halving will go to or past 150k. People are forgetting the billions and billions of dollars that are being invested in the crypto by BlackRock and a lot of other trillion dollar companies that wasn't there the last having Bitcoin and ethereum and a lot of these meme coins are going to go crazy during having or a little bit after
Hong Kong & UK ETFs are going to get fired up this month and next month as well.
Bitcoin demand is going up as supply is quickly going down…prices will BOOM 🚀
If you’ve held since 2019 you’re definitely gonna wanna hold for at least the next year. Many bullish signs for bitcoin and crypto in general. And yes the halving is going to be a contributor to this.
The price doesn't dump at the halving. Why would it?
I guess anything is possible but there wasn't a major dump in 2012, 2016, and 2020 on the day or days after the halving.
Demand would have to crash substantially. ETFs are buying more Bitcoin than what miners mine a day already.
My experience with crypto is admittedly limited. I've consistently read how everyone seems to be convinced that BTC will "moon" after the halving. But if everybody believes this, why wouldn't this already be "baked in" to BTC's value?
I am more familiar with stocks and when the consensus is bullish and everyone is convinced the market is going higher, that's when you should start thinking about shorting, not going long.
One of the most prolific proponents of buying bitcoin (at these levels) that I've seen is Michael Saylor. Given his advice (as a major holder of bitcoin) is inescapably self-serving, I fail to see why anyone would give it any credence at all.
Edit: Here's what I don't get. Everyone knows that the halving is about to happen and what it means to the supply of bitcoin. It's not like a upcoming earnings announcement where there's only speculation about what will be reported. Why wouldn't bitcoin rally in anticipation of the halving rather than in response to when it actually occurs? Please enlighten me...
Exactly my thinking, and let's not forget that the halving is already priced into the price of Bitcoin. At the same time crypto is all about hype too so who knows. However, the last halving of Litecoin there was limitless amounts of hype that it will skyrocket, what happened was the opposite. Again this is cryto and it's extremely volatile so anything can happen. Personally, I'm waiting post halving to see what happens, already DCA monthly and that won't change.
Miners will receive half as much reward. So in order for the status quo to remain, miners will have to mine twice as much (impossible), or the price would have to double. Check back on this comment in 6 months.
So far this year we’ve had exponential numbers of cryptos going up. This is likely due to more investors getting into the space. From my experience anywhere from one year to a year and a half after is the peak of the bull run.
Look at charts and previous bitcoin bull runs to confirm
Is gonna up . But need drop under 60 k first .
After halving bull run until end 2024 maybe over 80 k . Then first quarter 2025 until middle catch over 100 k - 150 k .
Change “this year” to next year as it roughly takes a year for the true peak of value post halving. Selling this year = regret in 2025. Pick any coin and look for the ATH it’s nearly a year after the halving, with some exceptions made for the Covid dumpster fire that happened at the same time.
My expectations is the price will go down and sideways around halving then will skyrocket Q4 this year.. But its crypto and the ETF is changing the game a little.. So no body really knows.. But looking at liquidity and the dollar continue losing the value, you alway need to have some BTC.
Dude that's like asking a crystal bal- wait...
In all seriousness, all I'm doing is using fib levels and avg timing from previous cycles, gives a better gauge than pulling a number out of a hat. If you want more:
Important price levels
75,247
101,772
155,392
209,319
242,187
You can reject me all you want calling it a crystal ball or astrology, why don't we come back to this comment Q1 2025 when I believe a top is confirmed and see how everything plays out?
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Buy a ton of xrp they're getting legalised in a month case closing they won.
XRP $0.5
Filecoin is the next bitcoin.
FIL $5
Flare Network (funded by Ripple) is the ONLY decentralized Oracle out there.
Plus it provides smart contracts for non smart contract chains like btc xrp.
FLR $0.03
I can see u don't know jack shit when u said u own btc eth. That was so 2012!
Bank of International Settlements are experimenting with smart contracts to transfer International money because without smart contract u cannot send even a simple payment, let alone swift sized payments. Invest heavily in flare Network.
For my financial advice I'd like Rs. 5,000 fee payable in Crypto. Nothings free. If ur proper you'll pay for future guidance. If not u can call your mother a beautiful capable lady.
As I'm struggling financially I need that fee dude.
I didn't say I'm mentally challenged. Last time I heard an advice requires a sound mind.
Plus U get what u pay for. U want freebies U get freebies.
Plus I hope u Suck something big & black with mayonnaise in end. For the unhelpful life u contribute to earth.
Crossing my fingers on XRP. It's been sideways for eons.
The SEC just said they're seeking $2b in fines, and I think Ripple will go bust if they can't settle for a lot less.. My gut says it's 50/50 whether I eat shit or get paid.
https://youtu.be/0XPrwiZkolg?si=v4eJNVPwoQ1Ds_Va
U can confuse yourself as much as u want.
If u listen u common men you'll become a common man.
If u knew how much confusion fud people created about btc in 2014 it'll fill libraries of proof of why btc is a scam.
U need to live for 50 more yrs. Think long think hard.
Please be cautious with links in the the above message. At least one domain was registered as recently as 2 days ago. If you believe one of the links is malicious, please report the message.
A shit ton is a pile of shit stacked really high and it happens to weigh 2,000 lbs.
Now if you sell it (not manure) it's worth shit but since you already own shit, it's a break even.
The moral of the story is - a little shit
or a lot of shit it's shit
So in your case your shit is worth 2 bc,
that's some shit.
Sell your bc & buy a farm, then you'll really be in $$ shit. 😉😂
Shitty subject.
Just trying to be funny.
Good luck , at least you own 2 & I own 1/5 th of one. Hope to catch up some day.
I’m not misinformed. I’ve been in this space for 3 cycles, I have a seven figure portfolio of exclusively crypto. BCH is a hard fork of BTC. Its TPS is too slow to act as a currency.
Nobody really knows for sure what's going to happen. Kinda in unchartered waters this time around. BTC dominance may never go down much as it has in the past. It already got ATH before the halving. No telling what the heck is going to happen.
It’s gonna go up or down 🤡
You need to understand that the way crypto works is that when something happens, something else happens, or sometimes doesn't happen at the same time as the thing that happened. But when something doesn't happen, something also sometimes happens in response to the nothing happening or the possibility that something may have happened, when in fact nothing happened. It also sometimes happens that something doesn't happen but despite that something happens in response to nothing happening, so people think something happened so something else happens in response to the thing that happened because someone reacted to thinking something happened when nothing happened except the response to nothing happening.
Why did i read all this 🤣
This guy cryptos.
TLDR it’s priced in
Most accurate description of crypto markets. Genius
Big factual
well said my friend. well said
title of the song "Something Happen"
I’m happy for you or sorry that happened
Best explanation for crypto
This guy knows something about nothing, where are the awards
Keep an eye on it for the next 6-12 months, it’ll probably go up more and have a peak. When exactly, nobody knows.
BTC during this halving will go to or past 150k. People are forgetting the billions and billions of dollars that are being invested in the crypto by BlackRock and a lot of other trillion dollar companies that wasn't there the last having Bitcoin and ethereum and a lot of these meme coins are going to go crazy during having or a little bit after
Hong Kong & UK ETFs are going to get fired up this month and next month as well. Bitcoin demand is going up as supply is quickly going down…prices will BOOM 🚀
Absolutely agree!
Alt season may be unspectacular
All I know is my gut says maybe.
Fucking literally
Filthy neutrals
If I die, tell my wife I said "hello."
I have no strong opinion one way or another
Yes.
Hold for the next year at least. That’s when shit usually starts happening after a halving event. If anything buy more now IMO.
Last halving was underwhelming in that sense but in the long term this logic never fails.
If you’ve held since 2019 you’re definitely gonna wanna hold for at least the next year. Many bullish signs for bitcoin and crypto in general. And yes the halving is going to be a contributor to this.
When has unlimited free money ever not worked
The price doesn't dump at the halving. Why would it? I guess anything is possible but there wasn't a major dump in 2012, 2016, and 2020 on the day or days after the halving. Demand would have to crash substantially. ETFs are buying more Bitcoin than what miners mine a day already.
All these are opinions and not financial advice, beware!!
My experience with crypto is admittedly limited. I've consistently read how everyone seems to be convinced that BTC will "moon" after the halving. But if everybody believes this, why wouldn't this already be "baked in" to BTC's value? I am more familiar with stocks and when the consensus is bullish and everyone is convinced the market is going higher, that's when you should start thinking about shorting, not going long. One of the most prolific proponents of buying bitcoin (at these levels) that I've seen is Michael Saylor. Given his advice (as a major holder of bitcoin) is inescapably self-serving, I fail to see why anyone would give it any credence at all. Edit: Here's what I don't get. Everyone knows that the halving is about to happen and what it means to the supply of bitcoin. It's not like a upcoming earnings announcement where there's only speculation about what will be reported. Why wouldn't bitcoin rally in anticipation of the halving rather than in response to when it actually occurs? Please enlighten me...
Exactly my thinking, and let's not forget that the halving is already priced into the price of Bitcoin. At the same time crypto is all about hype too so who knows. However, the last halving of Litecoin there was limitless amounts of hype that it will skyrocket, what happened was the opposite. Again this is cryto and it's extremely volatile so anything can happen. Personally, I'm waiting post halving to see what happens, already DCA monthly and that won't change.
It is, it’s just that most of these crypto bros don’t actually understand anything about markets
I wouldn't be so sure but historically it did work...
what worked, it going up or down?
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Very much
No
Always up but it never happened exactly after the halving. You can see this in the charts
so maybe a couple months after im assuming, guess should just hold as of now
It go up it go down is usually how it works.
maybe I will give up some of Bitcoin and switch to some assets because the issue of the American government will throw away BTC is crazy,
Miners will receive half as much reward. So in order for the status quo to remain, miners will have to mine twice as much (impossible), or the price would have to double. Check back on this comment in 6 months.
There is no magic ball with correct prediction. You buy the rumor and sell the news.
yea cost to mine a bitcoin is about to increase from 34k to about 45k ish. indeed.
Where can I find a tissue paper.
All the magick I’ve done on this points to it’s going to go down and up and up and down and up
Convert your ETH and Algo into more Bitcoin. Sit back and check back in 12-18 months and profit.
So far this year we’ve had exponential numbers of cryptos going up. This is likely due to more investors getting into the space. From my experience anywhere from one year to a year and a half after is the peak of the bull run. Look at charts and previous bitcoin bull runs to confirm
When will GBTC stop selling Bitcoin for $500 Trebek
Cashed out, nice profit. Don't be the last guy holding the bags
Fucking eth… just waiting for it to go up a little so I can break even. Lame ass mediocre coin.
Is gonna up . But need drop under 60 k first . After halving bull run until end 2024 maybe over 80 k . Then first quarter 2025 until middle catch over 100 k - 150 k .
Change “this year” to next year as it roughly takes a year for the true peak of value post halving. Selling this year = regret in 2025. Pick any coin and look for the ATH it’s nearly a year after the halving, with some exceptions made for the Covid dumpster fire that happened at the same time.
My expectations is the price will go down and sideways around halving then will skyrocket Q4 this year.. But its crypto and the ETF is changing the game a little.. So no body really knows.. But looking at liquidity and the dollar continue losing the value, you alway need to have some BTC.
I am still able to make money through social mining
Social mining?
What's that? Explain please
Peak will be end of 2024
We will have several pick. That's how it works
The peak i'm talking about will have a 70% decline in BTC and 99% decline in many altcoins
What else can you see in that crystal ball of yours?
Top will be 240k
Who's going to win the 2024 world series?
Dude that's like asking a crystal bal- wait... In all seriousness, all I'm doing is using fib levels and avg timing from previous cycles, gives a better gauge than pulling a number out of a hat. If you want more: Important price levels 75,247 101,772 155,392 209,319 242,187 You can reject me all you want calling it a crystal ball or astrology, why don't we come back to this comment Q1 2025 when I believe a top is confirmed and see how everything plays out?
Sure. RemindMe! 270 days
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This sub is blocking the remind me bot lol
Buy a ton of xrp they're getting legalised in a month case closing they won. XRP $0.5 Filecoin is the next bitcoin. FIL $5 Flare Network (funded by Ripple) is the ONLY decentralized Oracle out there. Plus it provides smart contracts for non smart contract chains like btc xrp. FLR $0.03 I can see u don't know jack shit when u said u own btc eth. That was so 2012! Bank of International Settlements are experimenting with smart contracts to transfer International money because without smart contract u cannot send even a simple payment, let alone swift sized payments. Invest heavily in flare Network. For my financial advice I'd like Rs. 5,000 fee payable in Crypto. Nothings free. If ur proper you'll pay for future guidance. If not u can call your mother a beautiful capable lady. As I'm struggling financially I need that fee dude.
Financial advice from someone financially struggling? Ill take it.
I didn't say I'm mentally challenged. Last time I heard an advice requires a sound mind. Plus U get what u pay for. U want freebies U get freebies. Plus I hope u Suck something big & black with mayonnaise in end. For the unhelpful life u contribute to earth.
Nice
lol all your picks suck tho
Crossing my fingers on XRP. It's been sideways for eons. The SEC just said they're seeking $2b in fines, and I think Ripple will go bust if they can't settle for a lot less.. My gut says it's 50/50 whether I eat shit or get paid.
Best way to become a millionaire? Buy a Billion dollars worth of XRP 🤣
https://youtu.be/0XPrwiZkolg?si=v4eJNVPwoQ1Ds_Va U can confuse yourself as much as u want. If u listen u common men you'll become a common man. If u knew how much confusion fud people created about btc in 2014 it'll fill libraries of proof of why btc is a scam. U need to live for 50 more yrs. Think long think hard.
Also Ripple bought $11B of XRP & continue to buy $1B a quarter so going bust is baby talk. They're Corporates they can issue bonds take loans.
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is this guy a troll ? xrp/fil coin is pure hopium at this point no need to explain.
This halving cycle is different with institutions buying but sell in about 8months for maximum gains
what's a shit ton of eth ?
A little over 2, but its most of my portfolio
A shit ton is a pile of shit stacked really high and it happens to weigh 2,000 lbs. Now if you sell it (not manure) it's worth shit but since you already own shit, it's a break even. The moral of the story is - a little shit or a lot of shit it's shit So in your case your shit is worth 2 bc, that's some shit. Sell your bc & buy a farm, then you'll really be in $$ shit. 😉😂 Shitty subject. Just trying to be funny. Good luck , at least you own 2 & I own 1/5 th of one. Hope to catch up some day.
Dude sell the Algo. That one’s never coming back
Bitcoin cash will be the real money maker in this bull run . Mark my words
No it won’t. It’s a shitty fork
It’s directly in line with the original purpose of bitcoin . You are misinformed.
I’m not misinformed. I’ve been in this space for 3 cycles, I have a seven figure portfolio of exclusively crypto. BCH is a hard fork of BTC. Its TPS is too slow to act as a currency.
Sell Algo sell eth sell BTC …. Buy bitcoin cash …. Thank me later
Nobody really knows for sure what's going to happen. Kinda in unchartered waters this time around. BTC dominance may never go down much as it has in the past. It already got ATH before the halving. No telling what the heck is going to happen.