$ (BTC) The Bitcoin Thread - NO SHITCOINERS ALLOWED

Get the rope Macaulay! said:
bitcoin reached an all time high recently, the last time it was close to where its at now was 2.5 years ago, the problem of course is inflation means 70k in 2024 isn't what it was back in 2021. what will be the peak in 2025? i'm thinking 200k minimum
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I hear people projecting 200-250k followed by a crash back to 60-80k then another long march back to half peak which if thats the case will be 130kish followed by a spike like we just seen from 30-70k, etc.

With such large buy in from establishment investing firms I personally don't think we're looking at an event where my investment will ever go negative any more.

I'll probably continue to DCA buy for the foreseeable future and never sell unless I hit my established value I have in my head (an asset in my head which will too inflat with the USD printing) that way even if it launched way higher, I wouldn't be upset about FOMO.

Or I could possibly see my self selling for some kind of catastrophic emergency like a family member or personal tragedy and needing to liquidate to fix it.
 
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Reactions: the grey cat
Starting to dive now. Question is, is this a buy or sell event?
 
AbyssGazer said:
Starting to dive now. Question is, is this a buy or sell event?
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We're a few weeks out from the halving and due for a retracement. It's also likely going to go down after the halving for a few days, maybe a week. I wouldn't try to time it, but there's some money to be made if you're willing to risk it.
 
So do you think that the BTC Power Law is bullshit? Allegedly, it works by the formula Price = Time ^ 6. Here‘s a graph as an example:

IMG_2360.png
 
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Reactions: Orange Rhymer
Halving has always resulted in massive gains. Could this time be different? Maybe. But I would like to hear why this time will be different. Otherwise, I will look to the past to make inferences about the future.
 

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Stalker said:
Halving has always resulted in massive gains. Could this time be different? Maybe. But I would like to hear why this time will be different. Otherwise, I will look to the past to make inferences about the future.
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This time it hit ATH pre-halving and there are spot ETFs. Doesn't mean it wont pump after the halving again but this time is definitely already different.
 
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should we be bracing for rocketing to the moon where we will all be driving our lambos on the lunar surface ?
 
Sorry in advance if this is a bad thread.
I'm looking for wallet recommendations. I was stupid enough to choose exodus and i've grown tired of just how laggy and bloated it is. I LOVE the monero-wallet, it's lightweight and no bullshit.
Ideally, I'm looking for another wallet that can handle BTC/ETH/LTC/BNB and is relatively lightweight & open source.
I know i'm asking a lot. Googling for wallets is a hellscape of bullshit. Appreciate any insight
 
skunt said:
Sorry in advance if this is a bad thread.
I'm looking for wallet recommendations. I was stupid enough to choose exodus and i've grown tired of just how laggy and bloated it is. I LOVE the monero-wallet, it's lightweight and no bullshit.
Ideally, I'm looking for another wallet that can handle BTC/ETH/LTC/BNB and is relatively lightweight & open source.
I know i'm asking a lot. Googling for wallets is a hellscape of bullshit. Appreciate any insight
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Check out cake wallet.
 
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Prj4MW8iPT3vmFM2rzDc said:
I hear people projecting 200-250k followed by a crash back to 60-80k then another long march back to half peak which if thats the case will be 130kish followed by a spike like we just seen from 30-70k, etc.

With such large buy in from establishment investing firms I personally don't think we're looking at an event where my investment will ever go negative any more.

I'll probably continue to DCA buy for the foreseeable future and never sell unless I hit my established value I have in my head (an asset in my head which will too inflat with the USD printing) that way even if it launched way higher, I wouldn't be upset about FOMO.

Or I could possibly see my self selling for some kind of catastrophic emergency like a family member or personal tragedy and needing to liquidate to fix it.
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How much are you DAC? I did the math recently from if I had started back in 2021 with $1k/month and I would have something like $10k more than I do now, I know it's irrelevant cope, but still it's had me wonder if I should just bite the bullet and go for it.
 
Is Electrum good on Linux? It should be, right?
 
I've always only treated bitcoin as a buy it and forget it investment, I barely follow the crypto space and stuff and I'm fairly technologically illiterate when it comes to it but now I'm super confused by this new runes shit and being told to set up my own node.

Question: Is there an actual, direct monetary benefit to setting your node up or is it just to help the community or whatever?
 
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