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Bitcoin

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    Bitcoin

    I think Bitcoin deserves a new thread here. The crypto thread is full of people saying it will crash and become worthless. These people are now homeless and don't haz lambo.

    Oh, and it just broke the $50,000 price barrier today for the first time.

    My prediction (for what it is worth).

    It will reach an ATH either this year or early next year of around $90,000 (maybe $95K). It won't break the $100K level.

    It will then crash back to around $35K until it starts a new bull cycle in 2023. After that, $500K might be possible. But then WW3 might be possible by then too.


    Let's see if I'm right.
    Last edited by _V_; 16 February 2021, 13:55. Reason: Changed my prediction slightly
    First Law of Contracting: Only the strong survive

    #2
    It will crash and become worthless. HTH
    'CUK forum personality of 2011 - Winner - Yes really!!!!

    Comment


      #3
      Bitcoin has changed into "**** you banks, **** you dollar, **** you boomers" thing. Papa Elon has changed everything.

      HODL for Teslas.

      It will crash, but the upside from here must be about close to 40% before a severe correction or crash.

      I'm betting on it, otherwise my retirement plans are over.
      First Law of Contracting: Only the strong survive

      Comment


        #4
        Originally posted by _V_ View Post
        Bitcoin has changed into "**** you banks, **** you dollar, **** you boomers" thing. Papa Elon has changed everything.

        HODL for Teslas.

        It will crash, but the upside from here must be about close to 40% before a severe correction or crash.

        I'm betting on it, otherwise my retirement plans are over.
        You have all your pension in bitcoin?

        Comment


          #5
          Originally posted by _V_ View Post
          I think Bitcoin deserves a new thread here. The crypto thread is full of people saying it will crash and become worthless. These people are now homeless and don't haz lambo.
          One thread for general chat and another for people posting stupid graphs and boasting makes sense.
          Originally posted by MaryPoppins
          I'd still not breastfeed a nazi
          Originally posted by vetran
          Urine is quite nourishing

          Comment


            #6
            Originally posted by BrilloPad View Post
            You have all your pension in bitcoin?
            No, far from it. Pension will give me an average retirement. Bitcoin will pay for the millionaire lifestyle
            First Law of Contracting: Only the strong survive

            Comment


              #7
              Originally posted by _V_ View Post
              No, far from it. Pension will give me an average retirement. Bitcoin will pay for the millionaire lifestyle
              Millionaire OAPs get a better class of colostomy bag I suppose.

              Comment


                #8
                Originally posted by BrilloPad View Post
                Millionaire OAPs get a better class of colostomy bag I suppose.
                That's the great thing. A pension pot takes years to grow to an astonishing amount of money. A crypto pot takes a few months.


                It gets to the point where 10% per day is disappointing
                First Law of Contracting: Only the strong survive

                Comment


                  #9
                  Originally posted by BrilloPad View Post
                  Millionaire OAPs get a better class of colostomy bag I suppose.
                  Pinot Grigiot.

                  Comment


                    #10
                    Originally posted by BrilloPad View Post
                    Millionaire OAPs get a better class of colostomy bag I suppose.
                    They get a prettier nurse to change it for them

                    Comment

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