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Bitcoin to skyrocket in 2024

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LiveInTorontoPartyInMontreal

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Feb 23, 2008
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Crypto is so volatile and here's the best example. Bears/naysayers were in control the last two days ( I like to look at markets as a tug of war between Bulls/Bears) and Solana ( SOL ), top 6 coin was about $ 64.50 USD at around 2:00am and after the US Fed minutes it's $ 71.50 USD, remarkable swing and sentiment shift from day to day, minute to minute with crypto and BTC. 😲
 
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sprite09

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Pleasure Hound said:
What did you expect; without any regulation of any kind?
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clearly you don't follow stocks, many "real" companies like Meta and Nvidia that are highly regulated were down 70 percent from their peak in 2022 bear market (BTC not much different ...about 76 percent). and, some of these companies have recovered as much as some cryptocurrenies, if not more.
 
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sprite09

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Pleasure Hound said:
I didn't say that regulated companies were totally immune to volatile markets, dude....did I?
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Jesus you implied it was due to lack of regulation there was volatility ..meaning if there is regulation then there less volatility than something that isn't regulated
 
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sprite09

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Pleasure Hound said:
I didn't say that regulated companies were totally immune to volatile markets, dude....did I?
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actually, genuinely curious you even comment in crypto threads ...clearly you're not gonna convince anybody who's got in the skin the game not to pull out

or are you trying to get other people's opinions that agree with yours to make yourself better ? i guess if that makes you sleep better at night, all power to you
 
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Meaning

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LiveInTorontoPartyInMontreal said:
I'm very curious regarding the ETF stage. Is it going to be Buy the rumor, Sell the news ? Buy the rumor, Buy the news ? Or a non-event ? Discuss ! :ROFLMAO:
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In the short run you'll see quick run up and sell off but the key is Bitcoin has a fixed supply of 21M coins with 4-6M lost. So the key item here is spot ETFs will actually have to acquire the Bitcoin on the books - so if demand is higher and a significant squeeze on the supply (which is fixed and new daily BTC issuance is halvened in Apr) the price will have to move up to meet the increased demand.
 
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sprite09

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LiveInTorontoPartyInMontreal said:
BTC trying to rally above $ 45k, probably the first time at this level since early April 2022 !
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And, you'll probably get the haters coming in with the same arguments. E.g., crypto is a fraud, the market is being manipulated by Binance, Tether, etc. etc. Even if the manipulation argument is true (IMO it's not when you have institutions like BlackRock buying), manipulation is inherent of the markets anyway (OPEC on oil, central banks on currencies, etc.). Haters should just stfu and keep buying whatever you're buying--you're not gonna dissuade anybody who's got skin in the crypto space.

Once there's a correction (there inevitably will be on just like any other asset class), you're going to get the same haters saying it's gonna go to zero. Keep dreaming--and I don't really see a point for haters hoping for that to happen anyway because I doubt they're shorting crypto so they won't make any money.

It's all about making money.
 
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LiveInTorontoPartyInMontreal

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sprite09 said:
And, you'll probably get the haters coming in with the same arguments. E.g., crypto is a fraud, the market is being manipulated by Binance, Tether, etc. etc. Even if the manipulation argument is true (IMO it's not when you have institutions like BlackRock buying), manipulation is inherent of the markets anyway (OPEC on oil, central banks on currencies, etc.). Haters should just stfu and keep buying whatever you're buying--you're not gonna dissuade anybody who's got skin in the crypto space.

Once there's a correction (there inevitably will be on just like any other asset class), you're going to get the same haters saying it's gonna go to zero. Keep dreaming--and I don't really see a point for haters hoping for that to happen anyway because I doubt they're shorting crypto so they won't make any money.

It's all about making money.
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Bang on ! It's all about making money, who cares what the underlying asset is ? Buffet and Jamie Dimon cry the Bitcoin is BS on tv and social media, but they
admitted they have a stash , just in case. What does "just in case" mean ? LOL !
TBH, I don't believe in indy SP's charging $ 750 to $ 1,500 per hour for a 50 minutes incall or a 45 minutes outcall, so I don't have to book them. Case closed !
 
Valcazar

Valcazar

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"Bitcoin is BS" and "I have money in Bitcoin as an asset" aren't in conflict, though.

There is a whole mythology/ideology/narrative/whatever around Bitcoin and what it is and what it does.
People pushed Bitcoin based on that for years and a lot of the arguments for why the space should or should not be regulated in this way or that is based on those arguments and that story.

Separate from that, people invest in what they want to invest in and if - as people on this thread have said "it's all about making money" then if you think you can get your money from that investment fine.

But someone deciding they will make their money in it while they can while also arguing that the story about it is bullshit and it shouldn't be integrated with financial markets in specific ways isn't at odds.
 
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sprite09

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Valcazar said:
"Bitcoin is BS" and "I have money in Bitcoin as an asset" aren't in conflict, though.

There is a whole mythology/ideology/narrative/whatever around Bitcoin and what it is and what it does.
People pushed Bitcoin based on that for years and a lot of the arguments for why the space should or should not be regulated in this way or that is based on those arguments and that story.

Separate from that, people invest in what they want to invest in and if - as people on this thread have said "it's all about making money" then if you think you can get your money from that investment fine.

But someone deciding they will make their money in it while they can while also arguing that the story about it is bullshit and it shouldn't be integrated with financial markets in specific ways isn't at odds.
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think you and pleasure hound need to get together and bang the shit of each other while screaming crypto is bs, lol

be sure not to pay her in Bitcoin, tho, lmao
 
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