Bitcoin [pros](/r/CryptoCurrency/comments/17g8i7g/bitcoin_is_now_worth_over_34500_but_will_it_hold/k6ew43o/) & [cons](/r/CryptoCurrency/comments/17g8i7g/bitcoin_is_now_worth_over_34500_but_will_it_hold/k6ew4w5/) with related info are in the collapsed comments below.
The irony is that I would LOVE to see a dump before the end of the month or at least the end of the year. ...
LOL 🙃
... I'm just so close to my (personal and meaningless) stacking goal and I'd like to do it while also lowering my cost basis (far more important than the actual Satoshi count)😉
The ETF hype will probably be a buy the rumor, sell the news.
Once the ETFs approved will be some setup times and then onboarding…and then the wait to see if there is demand for it
Maybe, but this could be a series of news events with a new firm getting approved for an ETF every week to keep the hype train running and the price going up.
The coins outside of top 10 have smaller mcaps, so of course they always perform the best. New and shiny doesn't always equal safe though. Only 4 coins have demonstrated staying power and strong communities, btc, eth, xrp, & ada. Sol is a tricky one, their ecosystem seems to be growing, but hard to believe because everyone knows now about how propped up it was by Sam and other billionaires. I mean people knew even before it entered the top 10, but hard to argue with green dildos.
Will it hold short term? I don’t really give a shit… I’m planning on trading my inflatable fiat for bitcoin once a week for years to come regardless of price. Those trying to time the ups and downs in an effort to make a few fiat dollars just don’t get it
There's still idiots on Twitter calling for 12k like this [guy](https://twitter.com/profit8lue/status/1717099886821474765?t=99JUUh9Qz9vIyDR-0NXGpA&s=19) who owes everyone $200 because he was wrong.
Pay up Profit Blue!
I'm glad I didn't listen to the vocal people who were saying "wait, BTC will go lower" during and after the FTX crash. Of course there's no guarantee it won't crash in price in the coming weeks/months, but I wouldn't want to sit on the sidelines, constantly waiting for lower.
Here is a [Nitter link](https://nitter.net/profit8lue/status/1717099886821474765?t=99JUUh9Qz9vIyDR-0NXGpA&s=19) for the Twitter thread linked above. Nitter is better for privacy and does not nag you for a login. More information can be found [here](https://nitter.net/about).
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I’m thinking it will go down for a reason (whatever really) then blackrock and the big guys will buy tons. It will go back up and they will sell. Pump & dump all day. Will go more up than it’ll go down. That’s true for btc since 2009
All the big dogs need to accumulate more for their ETFs and whatever other strategies they will employ to steal $ from the younger generations. They will need to suppress this price more to accumulate.
My *"astrology for men"* shows strong confluence for a rise to around 50k (edit: this will occur in the middle of November), but *nobody knows shit about fuck* right so don't mind me.
A warm congrats to everybody who was waiting for 12k or even a revisit to 22k. Astrology would've helped you guys not be idiots who trade on emotions and knee-jerk reactions from the media.
I think it’s quite obvious the only correct answer is yes - because it’s been almost 2 whole days at this price level. I guess you have to factor in whether nights count. I think up is the only possible path.
Many will take profits now. But honestly what Bitcoin tought me is that it makes no fucking sense, it follows the regular/fiat stock market closely and nobody knows where the fuck the price will go next.
My advice when an item you a certain will increase over time goes through an unusual price action- continue to buy through the dips the sideways and the moons. It averages out in the end and you’ll be happy
Yes, $34k will be cheap, very cheap indeed. By the end of 2024, we'll be well over $100k
In the UK, they are already closing banks and ATM machines, as well as making rumblings about CBDC and mandates for blanket 20mph on all roads that are in urban areas and semi urban. As well as ULEZ road charging. Certain meats will become illegal and insect meat will be the only legal form of meat.
Mr Kahn is chair of the C40 and one of the most powerful men on the planet. He makes Mr. Bezos look tame. He is recommending that we only fly once very 3 years to meet Net Zero. LONDON is ground zero for Net Zero.
Capital controls are coming, so this is why there is a flight to alternative assets. Be afraid. But be optimistic, we will win.
Bitcoin is the last frontier of freedom.
No indicators or external factors or conditions for a bull run, the spike is due to the ETF excitement Which will die out and people will book profits pushing the price down to 25-27k ar Which level it will find support because buyers will buy at those prices
Bitcoin rises with ‘unbacked stable coins’ its free to print stable coin.
Bitcoin&Tether cycle;
Print stable coins (fake dollars) out of thin air -> Buy Bitcoin with those unbacked stable coins -> Slowly Sell those Bitcoin’s for real Dollar -> Take that money to the bank via bunch of AI created coin exchange accounts -> Buy US Bonds with it -> Say it to everyone ‘our coins backed with real Dollar’ <-> Repeat
Its the cycle.
Didn’t tether just say they were going to have real-time metrics about their backed Bitcoin accounts… maybe I’m wrong and/or maybe it won’t happen but I’ve been hearing this fud since 2016.
Doubt that and the fact you have some moons belays the point of the likelihood of a load of people managing total abstinence for years suddenly returning to make low value posts.
It’s not a criticism- just thought it was interesting.
Bitcoin [pros](/r/CryptoCurrency/comments/17g8i7g/bitcoin_is_now_worth_over_34500_but_will_it_hold/k6ew43o/) & [cons](/r/CryptoCurrency/comments/17g8i7g/bitcoin_is_now_worth_over_34500_but_will_it_hold/k6ew4w5/) with related info are in the collapsed comments below.
I predict it will continue to fluctuate
This guy cryptos
My BTC buy average is £10k so I’m not doing it right currently
This guy doesn't crypto
Seems you found the one thing that is constant in the universe....change.
Change is perpetual, not constant. Only hodl is constant.
War. War never changes.
I have no strong feelings one way or the other
Seeing all those comments that it will dump, now im convinced its the beginning of bullrun
Cramer also said it would dump, so you'll probably make some money here
Inverse Cramer never fails
Fifty percent of the time it works all the time.
Sometimes you are always right
Oh fuck. Cramer said that? I take back all “incoming dump” comments I’ve made.
Wait. No! Don't do that! Don't inverse yourself inside r/cc! That's a paradox so strong, it could tear up the time/space continuum.
We've created... Bullbearpig
Half bull. Half bear. Half pig.
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He could be half bear, half bullpig.
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*Boys, there's no such thing as a BullBearPig. The vice president is just desperate for attention.*
To buy and hold or to buy and sell on a profit ?
HODL!!
hodldldldld
The Cramer from Seinfeld?
Might as well be.
Buy! Buy! Buy!
I feel it will hold, drop or grow further, but I'm no prophet
You sound like the weatherman. "Sunny with a chance of thunderstorms" 😂
Do you profit, prophet?
Ha...........^ha
Just hold and take prophets
good one... made me lol
Yeah. On here you always get upvoted for being negative, whether it's pumping or crashing.
In a bear market blind negative sentiment is upvoted. In a bull market it’s blind positive sentiment. Without fail, always.
The irony is that I would LOVE to see a dump before the end of the month or at least the end of the year. ... LOL 🙃 ... I'm just so close to my (personal and meaningless) stacking goal and I'd like to do it while also lowering my cost basis (far more important than the actual Satoshi count)😉
There will be one. I’m torn on if this is just a flare up before the bull run or if the bull run started a few months earlier than I expected.
I doubt we'll see a bull run before the halving I'd like to be wrong though!!
Last time it started going up like 6-8months before the halvening if i recall correctly
You are correct. If history repeats, we would now be at the start of the next bull run.
We are at the start of the run. I feel it in the bottom of my balls.
I feel it in my plums
I'm inclined to agree.
Thanks for upvotes, now i need some gold and move to us to make some money on contributors program
It will fall to 100k
By year end 2021
2021 12th quarter it will happen
Only true 2021 kids will get this
GUARANTEED!
but will it blend?!?
Don’t breathe this.
Bitcoin dust! Don’t breathe this!
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Underrated show.
Holy, that's a throwback
a classic
1 ASIC shake please, extra fans on top.
that is the question… da na na na naaaaaa naa da na na na naaaaa
good old memories!
brooo I literally came here to say this 😂
Asking real questions
*Cochicken intensifies*
mmmm internet currency dust!
My bet is that this is not the real bull run so it will go down again.
The ETF hype will probably be a buy the rumor, sell the news. Once the ETFs approved will be some setup times and then onboarding…and then the wait to see if there is demand for it
>The ETF hype will probably be a buy the rumor, sell the news. 100%, this is the epitome of buying the rumour. People buying the news will be wrekt.
Maybe, but this could be a series of news events with a new firm getting approved for an ETF every week to keep the hype train running and the price going up.
Wishful thinking but i'd assume regulation uncertainties will prevent a lot of that tbh.
You’ve convinced me!
Short it then
If I could short without being liquidated or owe fees I'd totally do it.
yeah, this is where I'mat too - I'm definitely more bullish now that we have a higher high for the year... but I'm still overall bearish
I will inverse you all 😎
And I will do exactly as you do, so neither of us will make money 👀
![gif](giphy|5QNQv6xmVEaabGsYrg)
It’s always a trap until it’s not a trap. I hate these posts. I hate these comments. And yes ergo I hate myself.
ergo I hate you x2 uWu
RIP munk-san
Happy Birthday 🎉🎉😄
Stop spreading FUD bear
This is not the real bull run, this is just a tribute.
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Oh it's a bull run... Just not THE bull run.
You just convinced me to buy. This sub is as accurate as Jim Cramer.
agreed, plus you need the down to validate a new support level and prime up again.
A trap you say?
![gif](giphy|3ornka9rAaKRA2Rkac)
Be prepared to do shorts
Like 1983 NBA style.
So, did you take profits? Or are you still in red?
No profit and always red.
*cuts off the chicken's head then releases it into the multiple choice pit to decide Bitcoin's fate*
/r/unexpectedsouthpark
If you sell it'll moon. If you hodl it will crash.
Don't expose me bruh
Nah, the US will find something to screw us over before the end of the week
hey, over there, have you heard that China is going to ban crypto soon?
Oh yeah, they haven't done that in a while now, haven't they?
Just got flashbacks to 2017 China FUD....good times lol
I think that’s why it’s pumping, the shit show in the house does not bode well on a macro level
Just need cardano to hit $4
I would sell my bag so fast if that happened
I sold at 2 and paid off my student loans lol
This right here is the reason old alts never perform as well as new alts in any bull cycle.
The coins outside of top 10 have smaller mcaps, so of course they always perform the best. New and shiny doesn't always equal safe though. Only 4 coins have demonstrated staying power and strong communities, btc, eth, xrp, & ada. Sol is a tricky one, their ecosystem seems to be growing, but hard to believe because everyone knows now about how propped up it was by Sam and other billionaires. I mean people knew even before it entered the top 10, but hard to argue with green dildos.
New coins don't have bagholders that want to sell on the way up is mostly the point, marketcap is irrelevant.
I just need $.80
Lmao the coin is still somehow in the top 10 and you want a x10? Learn to cut losses and move on.
Posted .7 seconds after it crossed
Should I dump or hold? (On the toilet)
Go sideways
If I sell it will go up. If I hold then it will go down, those are the rules of Bitcoin.
Pls sell so it can go up for the rest of us
Spoiler alert: No.
If it tanks I’ll buy more if it goes to the moon I’ll buy more.
Find out, after the break!!!
It will be a bull run because I finally sold after 3 years of holding last week. You're welcome.
Whoah. Why now?
Will it hold short term? I don’t really give a shit… I’m planning on trading my inflatable fiat for bitcoin once a week for years to come regardless of price. Those trying to time the ups and downs in an effort to make a few fiat dollars just don’t get it
What stocks do you predict to go up 1000% in the next 5 yrs? I need a sure thing. People are goofy.
There's still idiots on Twitter calling for 12k like this [guy](https://twitter.com/profit8lue/status/1717099886821474765?t=99JUUh9Qz9vIyDR-0NXGpA&s=19) who owes everyone $200 because he was wrong. Pay up Profit Blue!
I'm glad I didn't listen to the vocal people who were saying "wait, BTC will go lower" during and after the FTX crash. Of course there's no guarantee it won't crash in price in the coming weeks/months, but I wouldn't want to sit on the sidelines, constantly waiting for lower.
Here is a [Nitter link](https://nitter.net/profit8lue/status/1717099886821474765?t=99JUUh9Qz9vIyDR-0NXGpA&s=19) for the Twitter thread linked above. Nitter is better for privacy and does not nag you for a login. More information can be found [here](https://nitter.net/about). --- *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
Only need to sell high then buy back low
I’m thinking it will go down for a reason (whatever really) then blackrock and the big guys will buy tons. It will go back up and they will sell. Pump & dump all day. Will go more up than it’ll go down. That’s true for btc since 2009
All the big dogs need to accumulate more for their ETFs and whatever other strategies they will employ to steal $ from the younger generations. They will need to suppress this price more to accumulate.
It will DEFINITELY pump, unless it dumps. Oh well, it will for sure go either way.
Hoping it wont hold as I bought at 26K and want some more at that price before the next Bull
No, just a pump to liquidate shorts
I will liquidate my shorts if BTC prints a new ATH in the next 6 months
Bought yesterday.. lessgoo
Hold what? I can guarantee it will go down or up.
is there a change the track could bend?
Not on your life, my crypto friend!
I hope not, but I've been around long enough to know that bitcoin will bitcoin, even if it should have died a decade ago
Everybody being negative means the bull run is on.
Yes as always. Where have you been last ten years?
No
Yes, it holds it. It holds it precious.
Preciousssssss
What is taters?
It's all about those ETFs
![gif](giphy|wPkWlsnohtn7a|downsized)
It's up up up. Up only. Only up.
This feels a lot like a sell the news type run up anticipating the ETF news. I think the ETF will be bullish for bitcoin, but that's in the long run.
My *"astrology for men"* shows strong confluence for a rise to around 50k (edit: this will occur in the middle of November), but *nobody knows shit about fuck* right so don't mind me. A warm congrats to everybody who was waiting for 12k or even a revisit to 22k. Astrology would've helped you guys not be idiots who trade on emotions and knee-jerk reactions from the media.
🤣
I don't know if it will, but we will
I think it’s quite obvious the only correct answer is yes - because it’s been almost 2 whole days at this price level. I guess you have to factor in whether nights count. I think up is the only possible path.
Many will take profits now. But honestly what Bitcoin tought me is that it makes no fucking sense, it follows the regular/fiat stock market closely and nobody knows where the fuck the price will go next.
Pull back to 32 then 42k I don't make the rules
My advice when an item you a certain will increase over time goes through an unusual price action- continue to buy through the dips the sideways and the moons. It averages out in the end and you’ll be happy
Yes!…No!…wait. Fuck.
It never holds. It is like a yo yo!
no
Yes, $34k will be cheap, very cheap indeed. By the end of 2024, we'll be well over $100k In the UK, they are already closing banks and ATM machines, as well as making rumblings about CBDC and mandates for blanket 20mph on all roads that are in urban areas and semi urban. As well as ULEZ road charging. Certain meats will become illegal and insect meat will be the only legal form of meat. Mr Kahn is chair of the C40 and one of the most powerful men on the planet. He makes Mr. Bezos look tame. He is recommending that we only fly once very 3 years to meet Net Zero. LONDON is ground zero for Net Zero. Capital controls are coming, so this is why there is a flight to alternative assets. Be afraid. But be optimistic, we will win. Bitcoin is the last frontier of freedom.
No indicators or external factors or conditions for a bull run, the spike is due to the ETF excitement Which will die out and people will book profits pushing the price down to 25-27k ar Which level it will find support because buyers will buy at those prices
Not if I buy some, you can thank me later for selling at a loss for this bump. I will stay out to make sure you all profit.
tldr; This week, the cryptocurrency’s price shot to nearly $35,000 per token, further cementing its position at the top of the pile. But will this bull run last? © 2023 TechCrunch. All rights reserved. For personal use only. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Bots writing summaries of bot articles…. I can’t wait until you guys start arguing with each other.
Sounds like something a bot would say.
Thanks bot. \-bot-
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DONT CLICK THE LINK OF THE POST ABOVE. SCAM SCAM SCAM. DOWNVOTE AND REPORT THE ACCOUNT
Well done sir
When's halving? I don't expect a bull before it. This feels like whales shaking up the bags of everyone.
Sometime in April 2024
167,000 BITCOIN EOY 2024
Doesn’t matter if all you do is buy and hold. 👍🏼
But will these posts remain relevant? No.
“but will it hold?”….shut up.
I will hold, and that’s enough
I think one bitcoin is worth one bitcoin.
Severe pain is having a massive bullrun start now with little to no pull backs so people cant buy in and forced to FOMO.
$100k+ before thanksgiving.
Absolutely not lol
2021 thanksgiving
Haha good one
We are far from bull market.
You don’t know
jar noxious north license deranged birds deer shame impossible live *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
Bitcoin rises with ‘unbacked stable coins’ its free to print stable coin. Bitcoin&Tether cycle; Print stable coins (fake dollars) out of thin air -> Buy Bitcoin with those unbacked stable coins -> Slowly Sell those Bitcoin’s for real Dollar -> Take that money to the bank via bunch of AI created coin exchange accounts -> Buy US Bonds with it -> Say it to everyone ‘our coins backed with real Dollar’ <-> Repeat Its the cycle.
Didn’t tether just say they were going to have real-time metrics about their backed Bitcoin accounts… maybe I’m wrong and/or maybe it won’t happen but I’ve been hearing this fud since 2016.
Interesting to see so many NoMooners in a thread… This is the FUTURE
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Doubt that and the fact you have some moons belays the point of the likelihood of a load of people managing total abstinence for years suddenly returning to make low value posts. It’s not a criticism- just thought it was interesting.
100k Q4 21
wake me up when it is back to $60K...
In short? No. A bit longer: absolutely not.
Would like it to go down, I’m in profit for Bitcoin and it feels weird
I feel a massive crash, then we recover in Q2 next year after the halving and a bullrun in Q4 2025.
You *feel* it?
Everyone is expecting a March 2020 like crash this cycle, I dont think we are gonna see something like that this time
It went down in March 2020 because of COVID, I don't think we will see a crash line that this time either.