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On 1/21/2024 at 8:53 AM, OILERMAN said:

 

 

 

I took this dream as a sign from God, so I thought I'd better pray
I said, "Don't ever speak to me directly and thanks anyway"
Now so much has changed about me
Besides me just giving up red meat
Some get spiritual, 'cause they see the light
And some, 'cause they feel the heat

 

 

Edited by 9 Nines
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My bitcoin has been going nutssssssss! Up 70% in the last month and almost 1000% this year! Gimme the loot baby!    Edit: when bitcoin was first developed I started mining it and had al

Meanwhile in NFT land...    

The first rule of crossfit/Crypto: always talk about crossfit/crypto

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The BTC ETFs are the most successful ETFs ever launched. We are two months away from the halving, trading at 47K. The FED will cut rates this year, which will be game on for risk assets. Fidelity just changed their All-in-one ETF to allocate a small % to BTC. It's just a matter of time when many more ETFs have some portion of BTC as a part of their index. All smart money managers realize this. It's inevitable. 

 

I do not know how high we will go this cycle, but it should be fun. 

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You know, there might be a legitimate chance we hit 100K per Bitcoin in the next couple of months. 

 

Genesis just got approval to sell 1.2B of GBTC, so will put pressure on the market for a few days. 

 

The ETFs are consistently net buying 500M (10K BTC) per DAY of Bitcoin. Only 900 are produced, and that number is going to 450 in 2 months. 

 

1M per Bitcoin is programmed. And don't let Microstrategy get into the S&P... LOL, Bitcoin needs to go up to 2-3x of the current price, and they will qualify to get into the S&P500 with additional inflows, which MSTR will convert to BTC. 

We are the highest we've ever been before the halving. The bull market still has about 18 months left. 100-300K is happening this cycle. I am about 75% sure of it. 

 

The real magic will happen as the float on the market dwindles so much, that it will take very little money to move the price a huge %, because it's simply demand and supply. 
 

 

Edited by Supdawg
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On 4/2/2019 at 2:14 PM, Supdawg said:

Nope..... Not around the corner, but I'd bet you 500$ it will go to over $20K per Bitcoin within 3 years. 

I definitely would have won that bet. 

 

 

 

Edited by Supdawg
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7 hours ago, Supdawg said:

Ha, 59,000 freshly printed, US debt dollars per Bitcoin. 

 

 

Topped out just over 64k.  That pretty much is a double top on the long term chart then from a couple years ago.  Good to see.  Key now is to see if/when it can break that double top with force soon, or will it drop back down for awhile to consolidate again, before busting through it.

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47 minutes ago, OilerTitanHybrid said:

 

Topped out just over 64k.  That pretty much is a double top on the long term chart then from a couple years ago.  Good to see.  Key now is to see if/when it can break that double top with force soon, or will it drop back down for awhile to consolidate again, before busting through it.

 

We need to cool off a bit. I'm not concerned about resistance in the 60ks, We are going into price discovery. Maybe this week. 

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