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


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2021 Jan 2, 6:02am   14,323 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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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.
103   Bitcoin   2021 Jan 11, 1:07pm  

Patrick says
@G36 If they're not talking about you specifically, it's not personal. Please stop flagging it.
I am a Bitcoin holder, so it does seem personal. But I understand, just think that kind of language is not necessary as it doesnt lead to a productive conversation.
104   porkchopXpress   2021 Jan 11, 1:08pm  

G36 says
Patrick says
@G36 If they're not talking about you specifically, it's not personal. Please stop flagging it.
I am a Bitcoin holder, so it does seem personal. But I understand, just think that kind of language is not necessary as it doesnt lead to a productive conversation.
Wow. Your reported me? Lol ok.
105   Bitcoin   2021 Jan 11, 1:11pm  

@porkchopexpress. Pls dont polute threads with spam and that kind of language.
If you have investment specific questions I may help you get started. I understand that people who have missed out on Bitcoin are getting easily triggered and emotional.
See it as a learning experience: Take emotions out of trading & investing. You'll thank me later.
106   WookieMan   2021 Jan 11, 1:26pm  

G36 says
Pls dont polute threads with spam and that kind of language.


porkchopexpress says
Wow. Your reported me? Lol ok.


G36 says
I am a Bitcoin holder, so it does seem personal.


G36 says
Take emotions out

🤣
107   Bitcoin   2021 Jan 11, 1:30pm  

Look who is back @WookieMan,

are you the guy who predicated Bitcoin will be at 8k by Dec 2020 AND the same guy who would have sold everything at 18k?

muhahahahaha



Any response to why your forecast was off by so much? Selling everything at 18k doesnt seem like a good move considering its at over 30k as of today :)
108   WookieMan   2021 Jan 11, 1:36pm  

I thought you said take emotions out of it? lol.
109   porkchopXpress   2021 Jan 11, 1:38pm  

Caution: trigger zone. Someone needs a hug.
110   Bitcoin   2021 Jan 11, 1:39pm  

@WookieMan,

I knew you wouldnt answer the question. Like always :)
111   Patrick   2021 Jan 11, 1:43pm  

C'mon, talk about Bitcoin, or ignore this thread.

Let's not talk about each other.
112   Bitcoin   2021 Jan 11, 1:48pm  

@ Bitcoin haters,
I know, today started so well for you. Finally Bitcoin was going to zero. All of you came out with your cheerleader gear and celebrated the 5,000th death of Bitcoin.
And now, Bitcoin recovered back to 34k and you got not much left besides being upset. Since years we see the same pattern. :)
113   Bitcoin   2021 Jan 11, 1:51pm  

Patrick says
C'mon, talk about Bitcoin, or ignore this thread.

Let's not talk about each other.

Agreed!!
114   Bitcoin   2021 Jan 11, 1:59pm  

@WookieMan, @Patrick,
I believe Wookie is a moderator? He keeps posting on this Bitcoin thread just to troll. There is no intention to actually discuss Bitcoin. Just to attack anyone who invests in Bitcoin.
115   WookieMan   2021 Jan 11, 9:31pm  

G36 says
Just to attack anyone who invests in Bitcoin

Who did I attack? G said leave emotion out of trading and investing yet he’s getting emotional about others posts. Just pointing out a fact. I just quoted what he said. I never addressed him directly. He then attacks me. Not sure how much clearer it can be. This is the first comment in a while I even mention his username.
116   Blue   2021 Jan 11, 10:45pm  

G36 says
@ Bitcoin haters,
I know, today started so well for you. Finally Bitcoin was going to zero. All of you came out with your cheerleader gear and celebrated the 5,000th death of Bitcoin.
And now, Bitcoin recovered back to 34k and you got not much left besides being upset. Since years we see the same pattern. :)


You might want to stop bragging about crypto everytime unless you are a crypto salesman.
Try to add some thing different to make it interesting.
117   Misc   2021 Jan 11, 11:33pm  

Whaddya mean rigged?

Here's a crypto trading platform looking out for the little guy. Simply invest $5000 into crypto and bammo a free $500 of crypto assets. Instant 10% gain. What's not to like?

10% instantly...sure beats those CD rates...perfect for Grandma


https://go.etoro.com/en/cryptobonus/500/trade5000?gc=usa&utm_medium=Media&utm_source=93326&utm_content=0&utm_serial=&utm_campaign=&utm_term=
118   Bitcoin   2021 Jan 12, 7:36am  

@Misc
Nice! Thanks for sharing. Thats a great incentive for new traders!
119   Bitcoin   2021 Jan 12, 7:36am  

Blue says
You might want to stop bragging about crypto


@Blue, the bragging hasnt started yet. Wait until we hit six figures in Bitcoin :)
120   Cash   2021 Jan 12, 7:44am  

Etoro is major retail type exchange, read all the disclosures before you get involve or trapped lmao

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