Tom lee says 500k for bitcoin....tulip mania is just beautiful, isn't it??

Tokenz said:
Did you buy at the bottom? Things get pretty scary when it reaches those levels, and the market can mess with your head. I know when it reached 15K I was scared to buy more. I ended up buying at 20k some at 23K.

I'd like to know who had the guts to buy at 3K in the beggining of 2019. You'd be up over 15,000% right now
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I hold some alt coins from 2017. Took some profit and exchanged it for others... Huge rollercoaster! But small capital and willing to gamble it all.
Unfortunately never got in BTC, traded it, even in its early time, used it as proxy to buy others... I thought 600$ around 2015/2016 was too much.
I am exposed indirectly, even with some stocks. So... To the moon! LoL
 
Gary Gensler is not finished yet coming after the bad guys in the crypto industry. There will be blood on the streets. Coinbase is next for selling unregistered "crypto coins". There is a reason why Cathie Wood is liquidating already a good chunk of her Coinbase portfolio.
 
S2007S said:
I remember end of 2021 and the craziness and euphoric numbers everyone was predicting for all cryptos and nfts ....there was absolutely no one who thought it was going to collapse...and that year forbes released an article that bitcoin was headed to 400k. The same thing again is happening....this time predictions for 500k and a million or more.

It's a fairytale coin ....I will say this over and over and over again. Yes no one believes this but it carries zero intristic value and will never become the main source for monetary transactions......
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Even if it did become the main source for monetary transactions. It can do so at a value of $0.01 or $100k, what would it matter?
 
Tokenz said:
I'd like to know who had the guts to buy at 3K in the beggining of 2019. You'd be up over 15,000% right now
More...

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S2007S said:
I remember end of 2021 and the craziness and euphoric numbers everyone was predicting for all cryptos and nfts ....there was absolutely no one who thought it was going to collapse...and that year forbes released an article that bitcoin was headed to 400k. The same thing again is happening....this time predictions for 500k and a million or more.
More...

S2007S said:
It's a fairytale coin
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Is my 2008 Lambo a fairy tale? While you were being bamboozled by mainstream media jumping on the bandwagon, people like me were unloading because we knew it was extended...and we were anticipating for the 80% retrace to load up again. If you've been around bitcoin for a few cycles you kow this is just par for the course. Just accept you missed the party and stop with the sour grapes..focus on buying dips. We could see a pull back to low 30's by summer... or switch to dogecoin or something where you can get a better multiple. Now I'm just trading bitcoin etfs.

One truth about bitcoin...everyone feels like they got in too late and got out too early.


S2007S said:
....I will say this over and over and over again. Yes no one believes this but it carries zero intristic value and will never become the main source for monetary transactions......
More...

It's intrinsic value comes from its scarcity, durability, and difficulty in extracting new supplies.
 
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wxytrader said:
Is my 2008 Lambo a fairy tale? While you were being bamboozled by mainstream media jumping on the bandwagon, people like me were unloading because we knew it was extended...and we were anticipating for the 80% retrace to load up again. If you've been around bitcoin for a few cycles you kow this is just par for the course. Just accept you missed the party and stop with the sour grapes..focus on buying dips. We could see a pull back to low 30's by summer... or switch to dogecoin or something where you can get a better multiple. Now I'm just trading bitcoin etfs.

One truth about bitcoin...everyone feels like they got in too late and got out too early.




It's intrinsic value comes from its scarcity, durability, and difficulty in extracting new supplies.
More...

Does the EW hold up to BTC trading?
 
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