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Bitcoin at 31k - Congratulations and Happy NY to all BTC Holders!


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2021 Jan 2, 6:02am   11,694 views  278 comments

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I made 2x in 2 month! We are in ultra bullish conditions. Institutions are pouring in millions and millions of USD into Bitcoin and no end in sight.



https://news.bitcoin.com/here-are-the-top-public-companies-that-have-adopted-bitcoin-as-a-reserve-asset/


Beginning of November 2020


Jan 2nd, 2021

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63   Bitcoin   2021 Jan 7, 7:52am  

Bitcoin broke 38k for the first time in history. The market cap has exceeded Alibaba's. Bitcoin is about to enter the top 10 asset class list by market cap!


64   Bitcoin   2021 Jan 7, 8:32am  

Had my coffee and checked my emails....in the meantime Bitcoin jumped from 38 to over 39K. Happy January! Maybe we should re-name January to Bitcoin-ary?
65   Cash   2021 Jan 7, 8:45am  

Where are the crypto mutts? I blocked the crypto mutts that nothing but ignore can silence
66   Bitcoin   2021 Jan 7, 8:55am  

@cash
well, when you are a Bitcoin hater and post for YEARS trash about Bitcoin and then see it skyrocket to 40k after you predicted it will go to 8k by year end, then I understand the
silence :)
67   Bitcoin   2021 Jan 8, 7:08am  

Thank you Bitcoin for slapping the Bitcoin haters daily.

68   Bitcoin   2021 Jan 8, 7:49am  

Retail investors are entering the market. Like I said before, history rimes. Bitcoin's bull run drives daily media coverage which drives retail investors.

institutional buying pressure>media attention>retail>

69   Dholliday126   2021 Jan 8, 8:01am  

This thread is getting a little long in the tooth, let's throw up a TSLA chart instead and proclaim what geniuses we are.
70   Bitcoin   2021 Jan 8, 8:19am  

@Dholliday126
You dont seem excited about Bitcoin's success. I could pull up my Tesla gains. But thats not so exciting to me. What excites me about Bitcoin is that all these haters are quiet now after predicting "the bottom will fall out", "It will go to 8k by year end"...."(insert whatever comes to mind)"
Does it trigger you when I celebrate Bitcoins impressive bull run? Maybe its time for you to hit the ignore button.
71   Cash   2021 Jan 8, 8:43am  

personal
72   Dholliday126   2021 Jan 8, 8:44am  

G36 says
@Dholliday126
You dont seem excited about Bitcoin's success. I could pull up my Tesla gains. But thats not so exciting to me. What excites me about Bitcoin is that all these haters are quiet now after predicting "the bottom will fall out", "It will go to 8k by year end"...."(insert whatever comes to mind)"
Does it trigger you when I celebrate Bitcoins impressive bull run? Maybe its time for you to hit the ignore button.


I'm actually a bitcoin, altcoin fan. I just think its a little annoying when people gloat about their gains.
73   Cash   2021 Jan 8, 8:46am  

Dholliday126 says
I'm actually a bitcoin, altcoin fan.

Then why come here and be a dick like the other mutts?
74   Cash   2021 Jan 8, 8:49am  

G36 has had a good run I celebrate that with him while the mutts walk through there own dog shit trying to convince people they know something about crypto. ...
75   Cash   2021 Jan 8, 8:54am  

Dont forget Microsoft, Warren sure fucked up on that 1 and never invested in his buddies company... lmfao A $1,000 investment in Microsoft on the day of its initial public offering, or IPO, on March 13, 1986, would be worth more than $1.6 million today...
76   Bitcoin   2021 Jan 8, 9:00am  

@Dholliday126
nice! congrats then.

This is how it goes:
When you dont share any screenshots the haters say: show a screenshot, otherwise we dont believe you.
When you show a screenshot, they say: stop gloating about your gains! We cant take it anymore.

I am happy to share my gains and screenshots and I wont stop celebrating my Crypto success.
77   Cash   2021 Jan 8, 9:02am  

Dholliday126 says
I'm actually a bitcoin, altcoin fan. I just think its a little annoying when people gloat about their gains.

He has a right to defend himself from the disrespectful tolling ass holes walking in their own dog shit from day 1. Should I include you in that category?
78   Dholliday126   2021 Jan 8, 9:05am  

All good, do you altcoin thing.
79   Bitcoin   2021 Jan 8, 9:06am  

Dholliday126 says
All good, do you altcoin thing.


The majority of my crypto is in BTC
then ETH, ADA, Link and some others.
80   Cash   2021 Jan 8, 9:11am  

personal
81   Bitcoin   2021 Jan 8, 9:15am  

@Cash
yep :) I think some haters have an obsession with Bitcoin. They remind me of Peter Schiff. If you post daily trash about Bitcoin for years, you cant handle when Bitcoin is in a bull run. They hate everyday that Bitcoin is in the green :) Bitcoin at 2x its previous ATH is just too much for them to handle/comprehend.
They tried to throw everything they had in the hopes that something will stick. Their last hope is : "SPAMMERS! TROLLS! BOTS! BAN EM!"
82   Cash   2021 Jan 8, 11:34am  

Hey brother would BTC 53.8k bother you lol Because gold didn't follow USDs little pump my data is pushing back and as long as DX stays below 90.25 by todays close crypro should continue it's rise. Looks like lots of $$$ is yet going to run to BTC as Gold dumps another 75pts+/- to $1765+/- I am holding plenty with JIC cash to the side. That gives ETH a better chance at challenging the ATH 1448+/- Good times.
83   Bitcoin   2021 Jan 8, 11:40am  

lol, going to buy more booze to celebrate!
84   Cash   2021 Jan 8, 11:55am  

DX loosing 2+pts 88.150/87.875 is going to make crypto as well as the equity markets pop like no other lol
Old Joe promised mo gov. cheeze $2k for your vote that should pump some inflation in the game for us to play with. ;)
It's a very weird time in all the markets. Just my opinion but it appears USD and JPY are going to overall do a nose dive
and among those 2 JPY will make USD eat dirt lol I'm short GBP/AUD and GBP/NZD especially on weak XAU, strong Oil
with the addition of a weak JPY the stars align.
86   Cash   2021 Jan 9, 7:36am  

I am more then ready for the high probability trade of 50k+ ;) I'll let price make my arguments to the mutts.
87   Bitcoin   2021 Jan 10, 6:44pm  

This might be a really big year for Ethereum.
Institutions are starting to buy Ethereum besides Bitcoin and google trends show enormous Ether interest.



https://news.bitcoin.com/nasdaq-listed-greenpro-capital-to-set-up-bitcoin-fund-using-a-100-million-loan/

"Meanwhile, in addition to BTC, Greenpro Capital says it also believes that “other top cryptocurrencies such as Ethereum will provide the opportunity for better returns and preserve the value of our capital over time rather than holding cash.”
88   Bitcoin   2021 Jan 11, 6:55am  

Out Bitcoin haters are having a field day because we finally got our needed correction in crypto.

Every single correction in Bitcoin over the past decade was a fantastic buying opportunity. You just cant go up by over 12,000,000% in a straight line. That wouldn't be healthy. Corrections and consolidations/accumulations periods make it healthy.

89   Misc   2021 Jan 11, 7:39am  

The NASDAQ went down 70% at one point. Are you saying Bitcoin might follow that?
90   Bitcoin   2021 Jan 11, 7:56am  

Misc says
The NASDAQ went down 70% at one point. Are you saying Bitcoin might follow that?


@Misc
I am saying that in the past 10 years Bitcoin went up by 12,137,108%. Its healthy and needed to have corrections along the way. Where is the fun in just going up in a straight line. Bitcoin is very forgiving to those that came late and missed the Bitcoin train. Corrections are a chance to jump on the train and are also a fantastic buying opportunity for digital gold coin holders like me.
91   Misc   2021 Jan 11, 7:57am  

I have serious doubts that you will be staying around pumping Bitcoin after it falls 35%.
92   Bitcoin   2021 Jan 11, 9:21am  

Misc says
I have serious doubts that you will be staying around pumping Bitcoin after it falls 35%.


@Misc
I can't "pump" Bitcoin. Hedge funds, insurance companies, banks and Nasdaq listed companies have been pouring in hundreds of millions of USD into Bitcoin. I just have a couple of precious digital gold coins. I would invest hundreds of millions into Bitcoin if I had that cash.

30-40% corrections during a bull market are normal for Bitcoin. Normal and healthy. Its a buying opportunity. Buy the dip!
93   Misc   2021 Jan 11, 10:53am  

So...it can drop another 50% from here and be healthy. I'm sure that's comforting to those trading geniuses who bought it at a much higher price than it's trading at today.
94   Bitcoin   2021 Jan 11, 11:26am  

@Misc
?? you could have bought any Bitcoin top in the last 10 years and would have absolutely killed it.
If you are concerned about little dips along the way, maybe invest in a CD at 0.01% return annually.
8K to 31k in one year for Bitcoin. This little dip from today wont even show up when you zoom out.

95   Cash   2021 Jan 11, 11:37am  

G be careful China miners could get smashed due to the execution of
https://home.treasury.gov/system/files/126/13959.pdf pg.5
China Three Gorges Corporation Limited, provides gigantic amts of electricity for China's BTC crypto miners. This will change the whole game for
an unforeseeable amt time.
96   Bitcoin   2021 Jan 11, 11:57am  

I am loving the dip. Planned to buy more for a while
97   Misc   2021 Jan 11, 12:05pm  

It would have given you more credibility had you placed the comment that Bitcoin's price could drop 50% from the $31k price you were touting, and that a drop of that magnitude would be considered "healthy".

You should have placed such a disclaimer on post #1.

Yes, a drop of that size would certainly show on Bitcoin's price chart.
98   Bitcoin   2021 Jan 11, 12:15pm  

@Misc

here the disclaimer:
Bitcoin is up from 18k on Dec 11th to 31k on Jan 11th. WOW! What a performance....in ONE month.
This tiny dip today wont show up anywhere on the charts if you zoom out.
Corrections are needed and healthy. You must be new to investing.

99   porkchopXpress   2021 Jan 11, 12:16pm  

Why is crypto taking a massive dump? Why are so many bag-holders getting fucked up the ass?
100   Misc   2021 Jan 11, 12:35pm  

As an additional warning ... nobody says Bitcoin can't go negative in value.
101   Bitcoin   2021 Jan 11, 12:37pm  

Misc says
nobody says Bitcoin can't


be at over 100k within 2021

@Misc, fixed it for ya :)
Its cute & normal that BTC haters are trying to spread FUD (fear, uncertainty and doubt). BTC reversed its gains today that it added over just the past week. Its a nothing burger.
102   Patrick   2021 Jan 11, 1:00pm  

porkchopexpress says
Why is crypto taking a massive dump? Why are so many bag-holders getting fucked up the ass?


@G36 If they're not talking about you specifically, it's not personal. Please stop flagging it.

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