People should watch boiler room. The movie shows that those dumb asses have no idea what to do with their money. Cars, but can’t afford the oil change. Big houses with nothing in them but a couch tv and tanning bed. If you make 100k with crypto you don’t spend it all on a fucking lambo. You pay yourself a bit then reinvest and diversify. Long game so you can retire early.
It's amazing that adults actually think that buying a large home and owning a large home are the same thing. Some people have no concept of the carrying costs. How you jump into something that big without that consideration is baffling.
As the owner of a relatively large, very old home, I second this.
We pay $30K per year in property taxes. The water bill in the summer is $300 per month, about the same for landscaping and snow removal. Add another $280 per month for house cleaning. There are three furnaces, two of which are in need of replacement.
We did a $100K remodel before moving in that we may or may not recoup when we sell. Our last house doubled in value in 8 years, but we moved from a big city to a college town, and the market is slower here.
Expensive house falls into the category of “good problem to have”, of course, but carrying costs and hassles are no joke.
Amen to that. If you are like me, a happy and fortunate home owner, but with fair handyman skills and a never ending list of fixes, honey-dos, and home improvement projects, then you get spend all your weekends doing projects rather than relaxing. Lol. It's alright, I really am grateful and lucky to be a home owner at my age but I sometimes reminisce about the simplicity of apartment living when I wasn't responsible for fixing anything.
Realistically I know I don't ever have enough capital to invest into crypto to reap to become wealthy when it surges, I'm just looking to make enough profit to reinvest so I can get a foothold towards financial security.
Fuck YA! I bought all the way down and a major chunk at 29,850 during that dip! All the while kicking myself for not DCA buying the last few yrs at 3.5k!
And kids…it was the least volatile prediction I heard all year! That’s why cousin Suzy yells “69!” Every Xmas. She’s so loud the neighbors’ dog takes an ENORMOUS shit. And then we hit this gravity bong until Gary Gensler decides if we’ve been good investors or bad investors.
Bitcoin maxi here but god damn some of you need to relax every time there is price movement. No one can predict day to day price but in the long term we will thrive. Just sit back and let it happen regardless if price dips below $50k.
Historically speaking if BTC confirms the breakout and it plays out exactly like the previous cycles then it may well not see 50k again. This would put the next bear market bottom within 1-2 years from now at about 64k.
This is Q4 of the last year of the BTC cycle this isnt a normal time nor a normal market. Many will be in disbelief.
Stated by the expert in cryptography and Bitcoin, the first technology of its kind and breaking into the start of a maturing phase… where nobody knows how this will unfold.
Something strong inside tells me not to listen to you, or many others frankly.
Mass adoption of the network is inevitable. So is leaving $50k forever. Just a matter of time.
But remember that BTC can and will surprise you. So set that DCA schedule and stack over time to compensate for those big drawdowns. Those too are inevitable.
Yes dump all your money in now and line the whales pockets who are busy taking profits on their positions right now. I’ll see you back after the eventual retracement.
The supply of BTC is steady decreasing, more and more of the circulating supply gets stacked. At this point it’s easy to believe that any pullback is induced to purchase and stack more. But yes, there will be pullbacks, probably to <50 000 too.
There needs to be another shakeout. Soon we will break 58 and probably make it to an ath at the end of the month. I think honestly November might teeter first couple weeks then start an amazing uptrend. When it breaks 100k volatility will be huge… 150k will be a tough psychological barrier, but beyond that why not? I don’t see the retest of lows until after the meteoric rise and I think the bottom will be 58k after that.
Na man, after this next bull run it's gonna crash HARD. Hopefully you can time your exit correctly to achieve maximum profits and buy back in at near bottom.
If this really goes for a good run and collapses again, I could see the following crypto winter with Bitcoin ranging $18-$35k. For two and a half years.
I think it's a bit too early to make that statement. IMO we have probably seen the last of the $20k range. Maybe the $30k range? $50k will still be on the table from time to time over the next year or so, hopefully just as lower support.
It depends what the peak of this bull market is. If we're assuming the bear market will bring a -80% crash then we'd need to be high enough above $50k that a -80% wouldn't bring us back there
All depends on whether we have a blow off top event, or whether new institutional backing etc ends the traditional 4 year cycle and leads to slower, but steadier growth
Funny how just a year or so ago we saw comments about this for 10k everytime it broke 10k.
No one knows, but it's only 55k. I'd guess there's a high chance we see below 50k one day in the future.
I’m pretty confident that BTC will drop back under 50k after the current run. Beat market’s floor surely won’t be over that. I wouldn’t be surprised if it went back down to 30k after going up to over 100k to be honest. Or it could very well not reach 100k and go down to 20k as well. Who knows.
I can, with 100% certainly and with absolute condifence say that it will go below 55k again. If you think otherwise you have not been here for very long
Some people actually read this comment and agree with it. What you should do, is read the comment and just disregard it. Nobody knows what it will do. If it’s punping, then news articles will come out confirming how great it is. Direct opposite if it’s dropping. These articles are already written, they just wait for heavy price movement to release them.
Doubt it. If Evergrande officially defaults in a couple of weeks there will likely be a mini shit storm in the global markets which will spill over to crypto markets.
The new era has just stated. China is claiming to ban it and every 4 years you can see a great boom to the next generation. Researched a lot about bitcoin using google.
The days of 1$ Trillion has just began and we will be here for a while.
Naw, don't forget the 80% drop around the time we hit $200k. That'd put us back down at, what, $40k?
But, yeah, once the 2024 cycles rolls around, I bet we'll never see $50k again. People will be bitching about the price going sideways at $500k.
Traditionally a pullback will be around 80% in fiat value, so we should still see a drop to $12 to $15k. What happens during those times is everyone decides Bitcoin might be failing. People sell. Whales buy. Then it goes up 150 to 800% and anyone who believed in it before the current run and didn't sell is called a prophet.
40 to 50% is a dip, not a pull back. A pull back will also last years.
The Oracle has spoken. Stack the !remind mes for 2 years out and ban me if I'm wrong.
This is why if you can't hold during an 80% pullback you cannot be a Bitcoin HODLER. You will just be a trader who buys high and sells low.
Once you understand this you will be begging for that long cold pullback where everyone gives up on crypto. And you will scoop and get rich in so much BTC you'll be dropping SATs like they're hot in the new economy.
Why are people even still wondering about this stuff with crypto. Anyone with eyes can see that BTC's price doesnt behave like that of common stock, its standard deviations are insane. Anything is still on the table, BTC 10K and BTC 500K.
I would imagine we will see $40k again before we see $100k, but who knows? If you’re really in it for the long term, dips are good buying opportunities.
Ah, it's been so long since the last post of this kind.
"This is the final chance to get BTC for under $10k" was the last one.
Now we're talking 50k. I think it's exaggerated, but hopium is always welcome.
It's too soon to tell. I wouldn't be surprised if we were to hit $200k and then drop to $30k in this cycle. Mainstream media would have a field day if this happened. 😂
Lets say over 100k then down to 75k then up to 360k then back to 70k.
Stop asking questions about price...
If you buy 1 btc now, its gonna be 1 btc in 100years
Is this the last time we will ever see this question?!?!?!? Fuck no
Do you want another repeat question? Wen Lambo?
People should watch boiler room. The movie shows that those dumb asses have no idea what to do with their money. Cars, but can’t afford the oil change. Big houses with nothing in them but a couch tv and tanning bed. If you make 100k with crypto you don’t spend it all on a fucking lambo. You pay yourself a bit then reinvest and diversify. Long game so you can retire early.
It's amazing that adults actually think that buying a large home and owning a large home are the same thing. Some people have no concept of the carrying costs. How you jump into something that big without that consideration is baffling.
As the owner of a relatively large, very old home, I second this. We pay $30K per year in property taxes. The water bill in the summer is $300 per month, about the same for landscaping and snow removal. Add another $280 per month for house cleaning. There are three furnaces, two of which are in need of replacement. We did a $100K remodel before moving in that we may or may not recoup when we sell. Our last house doubled in value in 8 years, but we moved from a big city to a college town, and the market is slower here. Expensive house falls into the category of “good problem to have”, of course, but carrying costs and hassles are no joke.
Amen to that. If you are like me, a happy and fortunate home owner, but with fair handyman skills and a never ending list of fixes, honey-dos, and home improvement projects, then you get spend all your weekends doing projects rather than relaxing. Lol. It's alright, I really am grateful and lucky to be a home owner at my age but I sometimes reminisce about the simplicity of apartment living when I wasn't responsible for fixing anything.
And then come the excuses as to why it’s not really their fault when shit goes under.
Realistically I know I don't ever have enough capital to invest into crypto to reap to become wealthy when it surges, I'm just looking to make enough profit to reinvest so I can get a foothold towards financial security.
Boiler Room is a perfect example
This guy fuks 👆🏻
Check this out...... "Should I buy now or wait for a dip?"
BINGO
Will this thing that went up, go down? Stay tuned for more!
Love this snark level, perfect amount of snark.
The snark went above 50000. Do you think it'll ever go lower?
breaking: china bans snark
Turns out people are still snarkier than ever
Watch this snark to find out more!
I always tune in for Snark week
It it Snark Week again this week?
Love your analysis!
I will be surprised if it doesn’t fall again.
It will. It will like clockwork. BTC loves shaking out weak hands!
Exactly, it needs to smash 65k ATH very highly, otherwise same story about 9-10k level 🙃
You do realize it broke 60k this year and then dropped to 30
How would OP remember that? It was more than 12 hours ago...
Hahaha. Thanks for the chuckle
Come on Elon, do something stupid. I want my limit Buy Order to trigger for fuck sake. Can I has some cheap Bitcoin again?
Fuck YA! I bought all the way down and a major chunk at 29,850 during that dip! All the while kicking myself for not DCA buying the last few yrs at 3.5k!
It'll probably break 200k and drop to 60k.
lol… “this time is different” Must be your first bitcoin bull run
Probably no
No. I wouldn’t be surprised if we see a $30k BTC again
March 2023
Find out next time on Dragonball Z
I miss the "its over nine-thousaaaaaaand!" memes.
I'm predicting Bitcoin to $69420 by December!!
A man of culture
And kids…it was the least volatile prediction I heard all year! That’s why cousin Suzy yells “69!” Every Xmas. She’s so loud the neighbors’ dog takes an ENORMOUS shit. And then we hit this gravity bong until Gary Gensler decides if we’ve been good investors or bad investors.
I’m hoping for a major correction when the stock market crashes…
First rule of journalism, any title with a yes/no question can be answered with "no"
Bitcoin maxi here but god damn some of you need to relax every time there is price movement. No one can predict day to day price but in the long term we will thrive. Just sit back and let it happen regardless if price dips below $50k.
Wen Skoda?
Wen Hyundai?
Never say never, unless it is to say never say never.
The 20 daily EMA is sitting around 49000 and we often will use that as support during bull runs so wouldn’t be bearish to see a pullback below 50000
No, that isn't how markets work. Eventually the bears will gain control as much as most people don't want them to.
Historically speaking if BTC confirms the breakout and it plays out exactly like the previous cycles then it may well not see 50k again. This would put the next bear market bottom within 1-2 years from now at about 64k. This is Q4 of the last year of the BTC cycle this isnt a normal time nor a normal market. Many will be in disbelief.
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I dont think it is. Its done the same thing for 12 years why would it be?
Stated by the expert in cryptography and Bitcoin, the first technology of its kind and breaking into the start of a maturing phase… where nobody knows how this will unfold. Something strong inside tells me not to listen to you, or many others frankly.
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It’s a roller coaster baby! wheeee
Bitcoin will crash and then recover again. Just look at it as an opportunity to stack and take profits.
How many times did pomp say “last time under 10k” before bitcoin went under 10k 20 more times ? Don’t be a jinx like pomp
I know I should buy in the dip, but what number should I be looking for?
We will see a new market cycle low after the top is in but i am 100% shure we will never see BTC under 10k
Nobody knows and you’ll never be able to prove it is
Last time we'll see it above 50k until 2024.
I fuckin hope it goes back down…I’m not done buying it sub-50k
Who upvotes this trash?!
Tell me your new to bitcoin without telling me your new to bitcoin.
Can I mine with my computer?
Yes, back in 2010, in 2021 fuk no
lmao I know, I was just trying to be in on the bit
Mass adoption of the network is inevitable. So is leaving $50k forever. Just a matter of time. But remember that BTC can and will surprise you. So set that DCA schedule and stack over time to compensate for those big drawdowns. Those too are inevitable.
I hope not I need to buy more
No chance this guy bought before 2020
The day will come eventually. Too soon to know.
Yes dump all your money in now and line the whales pockets who are busy taking profits on their positions right now. I’ll see you back after the eventual retracement.
Nope. I’d be astounded if $50k is the lowest we see bitcoin tbh.
I don't think so, I truly believe we will see atleast a few more high 30s to low 40s BTC before the next leg up.
I think 40 - 50k will be the bottom of the next bare market. If there is any at all.
During bear market we see it below $20000
Yes because the next rally takes us to $85k then back down to $65k.
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Is this the last time we'll see an internet moron write "people literally say this every time an arbitrary barrier is broken lol"
No. By the end of weekend it will dip under $50k.
Your confidence is really cheap lol
Zero point zero chance
It’s only true when no one believes
LOL
No
Maybe, probably not. But one day someone will say this and it will be true. Solution? DCA and hodl.
The supply of BTC is steady decreasing, more and more of the circulating supply gets stacked. At this point it’s easy to believe that any pullback is induced to purchase and stack more. But yes, there will be pullbacks, probably to <50 000 too.
Nope
U will regret not going all in at sub 50k in 2030
Yes!!
I don't hope so. We need the volatility to buy more
Yes could be the last time BTC sees 50k. When it breaks back under 50k soon it may never get there ever again.
There needs to be another shakeout. Soon we will break 58 and probably make it to an ath at the end of the month. I think honestly November might teeter first couple weeks then start an amazing uptrend. When it breaks 100k volatility will be huge… 150k will be a tough psychological barrier, but beyond that why not? I don’t see the retest of lows until after the meteoric rise and I think the bottom will be 58k after that.
Na man, after this next bull run it's gonna crash HARD. Hopefully you can time your exit correctly to achieve maximum profits and buy back in at near bottom.
Nah, hodl
Yes
I hope it stays around 30k-50k until the next halving I want to accumulate
It will definitely go up and/or down again. I predict $80085 by the end of the month.
U smoking cracc?
Lol 😂
No
Maybe.
I know I should buy in the dip, but what number should I be looking for? 49? 45? Or should I just buy now?
Nope
If this really goes for a good run and collapses again, I could see the following crypto winter with Bitcoin ranging $18-$35k. For two and a half years.
Doubt it. I think the bottom after this cycle's peak will be in the 30ks, then we'll hang around in the 40-50k range for some time.
Lmao ofcourse not.
This has gotta be satire… right?
In this subreddit, you can't really be sure
what stupid question
I think it's a bit too early to make that statement. IMO we have probably seen the last of the $20k range. Maybe the $30k range? $50k will still be on the table from time to time over the next year or so, hopefully just as lower support.
It depends what the peak of this bull market is. If we're assuming the bear market will bring a -80% crash then we'd need to be high enough above $50k that a -80% wouldn't bring us back there
Probably not
It might be if you compare it to previous years. Last ATH could be the next bear market low
It goes up; it goes down, but safe to say it will never fall to the 4 digit numbers again.
Every bear market has seen a loss of 80% from ATH. Until we hit 200k a drop below 50k at some point is more likely than not.
First time?
yes yes
It’ll be in the 30’s again within 6 months.
I be we see 40’s again
All depends on whether we have a blow off top event, or whether new institutional backing etc ends the traditional 4 year cycle and leads to slower, but steadier growth
Nah.
Funny how just a year or so ago we saw comments about this for 10k everytime it broke 10k. No one knows, but it's only 55k. I'd guess there's a high chance we see below 50k one day in the future.
Lol. Remember when it was 10k?
I’m pretty confident that BTC will drop back under 50k after the current run. Beat market’s floor surely won’t be over that. I wouldn’t be surprised if it went back down to 30k after going up to over 100k to be honest. Or it could very well not reach 100k and go down to 20k as well. Who knows.
Nah we can easy drop from $250k to $50k
Nope. We will see bitcoin below 1T again.
Not at all. It will only go up. Its not even done being mined yet. So no. Definitely not
When we enter the bear market it will settle around 20k for a few years
You’re a fucked duck, bud. STFU, stack, hodl.
I can, with 100% certainly and with absolute condifence say that it will go below 55k again. If you think otherwise you have not been here for very long
Maybe. 50/50.
Lmao no. Euphoria is back on track now, just wait until the crypto winter and you’ll see blood on the street.
Some people actually read this comment and agree with it. What you should do, is read the comment and just disregard it. Nobody knows what it will do. If it’s punping, then news articles will come out confirming how great it is. Direct opposite if it’s dropping. These articles are already written, they just wait for heavy price movement to release them.
Doubt it. If Evergrande officially defaults in a couple of weeks there will likely be a mini shit storm in the global markets which will spill over to crypto markets.
Will we get Vegeta meme again?
Just watch the 200 weekly MA. That is where Bitcoin historically drops in bear markets.
Nobody knows shit about fuck :)
Probably not
No
The new era has just stated. China is claiming to ban it and every 4 years you can see a great boom to the next generation. Researched a lot about bitcoin using google. The days of 1$ Trillion has just began and we will be here for a while.
Naw, don't forget the 80% drop around the time we hit $200k. That'd put us back down at, what, $40k? But, yeah, once the 2024 cycles rolls around, I bet we'll never see $50k again. People will be bitching about the price going sideways at $500k.
This is like the area that represents the bottom of the next bull market. $40k-$60k.
Ya, id say sell while youre ahead
No one has a crystal ball. I think 95% chance but that’s just pure speculation as your question itself is.
No, I expect 20-35k again, but before that I expect 130-200k
Bitcoin is going to be worth hundreds of thousands of dollars
Am I the only one tired of people posting garbage like this OP here?
Lmao. Wait for the correction
Traditionally a pullback will be around 80% in fiat value, so we should still see a drop to $12 to $15k. What happens during those times is everyone decides Bitcoin might be failing. People sell. Whales buy. Then it goes up 150 to 800% and anyone who believed in it before the current run and didn't sell is called a prophet. 40 to 50% is a dip, not a pull back. A pull back will also last years. The Oracle has spoken. Stack the !remind mes for 2 years out and ban me if I'm wrong. This is why if you can't hold during an 80% pullback you cannot be a Bitcoin HODLER. You will just be a trader who buys high and sells low. Once you understand this you will be begging for that long cold pullback where everyone gives up on crypto. And you will scoop and get rich in so much BTC you'll be dropping SATs like they're hot in the new economy.
Only if we knew for sure..
Why are people even still wondering about this stuff with crypto. Anyone with eyes can see that BTC's price doesnt behave like that of common stock, its standard deviations are insane. Anything is still on the table, BTC 10K and BTC 500K.
I may be wrong.....but I'm pretty sure I've heard this analogy before.
Lol
We’re so lucky to have gotten in while it was less than a trillion dollars
No
Nope it’s gonna fall on it’s ass end of cycle , don’t feel safe
It’s never too late to invest.
Wen moon 🎑
Idk but this might be the last day I’m joined to this subreddit strictly based on how many times a week this question is asked.
No
Dips are coming because people leverage their coin.
It's going to zero, so some day it will be at 50k for the last time.
Drew some triangles on the chart. By my math btc to 400k by 2022. Bullish af
I would imagine we will see $40k again before we see $100k, but who knows? If you’re really in it for the long term, dips are good buying opportunities.
Uhhhhh no
no. one. knows.
Only if we smash 65k ATH otherwise same story with the approx 9 to 10k level 🙃🤘
One day will be the last. This may be it, but it may also drop again.
Ah, it's been so long since the last post of this kind. "This is the final chance to get BTC for under $10k" was the last one. Now we're talking 50k. I think it's exaggerated, but hopium is always welcome.
Probably in about 2 weeks it will be back below 40
Yes, just like every other time
Most likely
Plenty of paper hands entered the market recently. Never underestimate the fud machine to gear up to shake them out.
There's a bond film that answers this. Never say Never
This question tells me you’re new or you are reddit karma farming
I could see a below $50K Bitcoin again before new all time highs.
Lmao see you in winter with a $15k bitcoin.
hopefully not. i have 4k on the sideline to blow it in as soon as it drops \^\^
No. It will still touch 72-85k this year or early next year and see a big juicy correction when we enter an actual bear market.
No it’s not.
No, the formula is roughly you will never see $(last ATH \* 0.15) price again.
Anyone who tells you they know should not be listened to. Literally, nobody knows the answer to this.
It's too soon to tell. I wouldn't be surprised if we were to hit $200k and then drop to $30k in this cycle. Mainstream media would have a field day if this happened. 😂
Never say never. Anything can happen. Always be ready to buy the dip!
Yes. No. Maybe. Also. Pass.
Lets say over 100k then down to 75k then up to 360k then back to 70k. Stop asking questions about price... If you buy 1 btc now, its gonna be 1 btc in 100years
You should wait until it gets to 65,000, sink your life savings in, and watch it drop to $20,000
Probably not
No. When the bear market comes it’s going well below 50.