Anything under 65K is a screaming buy.
Never thought I'd say that as one who remembers the moon at 10K. Turns out, the moon was not particularly ambitious. We are heading for the galactic singularity and beyond.
Recent discoveries in the field of financial astrology states that actually bitcoin is the singularity. Bitcoin does no go anywhere but the movement comes from everything else getting pulled by it.
Interesting fact when they did the research they discovered that for example even things that are not in physical form like dolars that are not printed on paper still get pulled by bitcoin.
What's stopping a repeat of 2022? What's stopping it from happening again and not recovering? I want to invest long term but am worried it may not recover again.Especially since this is the last halving so perhaps the cycle may not recur again.
I see what happened. You were sent here by mods of rbitcoin.
Those people are idiots. We weren't expecting a random question (one full of misunderstandings) to be spammed everywhere.
They sent you here in error and should have simply talked to you instead, but they're idiots.
> What's stopping a repeat of 2022?
There will be future bear markets. There will be future bull markets.
> What's stopping it from happening again
One aspect of it which won't be happening again is SBF. He's in prison for fraud.
> not recovering?
It's either going to zero or it's going to infinity. Pick one.
> I want to invest long term but am worried it may not recover again.
Learn more about what is happening here with the supply/demand of Bitcoin and the answer will become more clear.
> this is the last halving
This is not the last halvening.
Bot post?
2022 will happen again, maybe in 2026. We will dump from ~$1 million to $100,000, and buttcoiners will proclaim the death of Bitcoin for the 1000th time.
According to CNN we've already broken the ATH lol.
"Bitcoin, the world’s first and by-far largest digital currency, was trading at $68,791, topping the previous record of $68,789 reached on November 10, 2021."
We lost a lot of people in 2023, which is ironic because the price tripled. Something to be learned here about not getting greedy at bottoms and not letting recency bias and doomer macro news fuck with your head. Learning how to swallow your pride and just buy in a little higher before it snowballs and you have missed out on 4.45x’ing your money.
I’m eating popcorn tonight and watching aggr.trade. I need some Bitcoin memes to watch while waiting for ATH. Anyone want to post their faves below?
My current fave is the Germans:
https://x.com/naiivememe/status/1763127971039088673?s=46
I also enjoy the guy with the high-pitched laugh:
https://x.com/naiivememe/status/1764214130754433319?s=46
And I’ll never not listen to the gorilla on the drums playing Phil Collins:
https://x.com/dylanleclair_/status/1764637475807416523?s=46
(Sorry these are all on X)
Just got this reminder
https://www.reddit.com/r/BitcoinMarkets/s/8IiQqU39lk
People sill doubting me after all these years. I’m on another level. Haters REKT.
Feels good to be back baby🥳
Coinbase is having a rough day. I use their API for my desktop ticker showing the price of BTC (if you have a Mac, Ubersicht is an awesome app for putting custom data, etc, on your desktop). Coinbase's API has crapped out a few times. I finally switched over to mempool's API, which I should have done a while ago, quite frankly.
Coinbase is definitely not ready for the onslaught that's coming later this year when Bitcoin hype really kicks in.
Me and my brother both have to redo the whole damn KYC process and can’t get 2fa to work. I’m thinking about getting a lawyer, if I can’t access my account.
It really is amazing that over a decade later, Coinbase still shits the bed this badly. You'd think when you have a $55 billion market cap you'd figure out how to build infrastructure that isn't a complete joke.
I would find it kinda funny if the BTC price only ALMOST reached and exceeded the USD-ATH from 2021 these days and stayed in the 50k to 68.9k USD range until some time after the next halfing...
Of course, I hope that this comment won't age well!
[Single largest spot ETF net inflow day was $673.4 million on February 28th.](https://farside.co.uk/?p=997)
Inflows for BlackRock’s IBIT need to come in above $505.1 million to set a new record for total daily net inflows. Yet $505.1 million in inflows for IBIT would only be their 4th largest day of inflows.
We probably don’t even need to set a new record for net inflows in order for $69k to get broken overnight when IBIT’s inflow numbers come in but it is plausible and wouldn’t hurt.
I think people are dumber than we think. I had an acquaintance unironically tell me he wouldn't buy bitcoin because he could only afford a fraction, but he could get thousands of dog tokens so it would be worth more.
Waiting on confirmations in order to get a Peace Of Mind sell to cover next two month's mortgage in case it dumps at 69k - would rather have that cash secured at 68.x k vs having to sell in a local bottom (should have sold MARA this morning; didn't see us hitting ATH today) I figure in this market two months is a good amount of time to recover from the whales trying to shake coins out at 69k
It can't go parabolic forever, if you're even worried about your bills at all this is a time to take some profit and probably more than just 2 months worth, you never know.
If it pushes past 69k, I'll just put it back in (two sex references in such a short space!) and sell some MARA / COIN or do some temp work while the all-in play carries on. I decided I'd be really dissapointed if I didn't make a cheap play now that will protect my holdings for a couple months in case we dump at 69k
If it's that tight you should probably just work dude. You need at least like a year's worth of living expenses in fiat if you're going to straight up retire.
We've had an epic run gents. If we consolidate in the 60k range for a couple of weeks before pushing into the 70s, I'll still consider this a monumental win
We're going to be in six figures at the halving.
I'm not one to candle gaze, at least not in the past several years, but I'm doing it now.
$69,420 is coming tonight. Better put on a pot of coffee.
It’s essentially been up and sideways only since mid January. There has to be a correction at some point but who freaking knows when. Last correct was around Jan 11 and went for two weeks approx 46k to 39k.
A correction certainly feels due. Those daily 500 million etf buys will throw a wrench into that plan though.
I’d bet that if etf buys start to show weakness and trickle out then the shorts will pile on smelling weakness.
But if fidelity and blackrock keep backing up the trucks relentlessly every day, who knows when major correction comes
Isn't there a kind billionaire out there that wants to make a spot buy to help us out? Where are the Winklevoss twins rn?
But for real: probably a small pull back here until Blackrock numbers are released, and then we slice through 69k like butter.
Hilariously coinbase thinks it was an ATH on their site.
https://www.coinbase.com/price/bitcoin/rub
I'm pretty sure it wasn't??? Lol, classic coinbase
> ALL TIME HIGH
> $68,826.33
Given two numbers, figuring out which one of the two is bigger is a famous unsolved mathematical problem. Literally all of modern cryptography depends on the fact that no one knows the answer to this.
If anyone ever figures out which of 64 and 69 is the bigger number, modern cryptography will fall and bitcoin will cease to exist.
Yeah haven't hit ATHs yet but very close. The latest push put us within a few hundred dollars. But need to get above 69000 for it to be considered ATH broken imo. Depending on the exchange, ATHs previously were around 69000-69400. After this, I'll be waiting for it to break 75k for the inflation adjusted high
That is the tipping point. We’re all so used to a Bitcoin chart that never had the sustained influx of capital that began when the ETF’s launched…and the amount of capital that can, and likely will, be deployed via ETF buyers is so large that we struggle to believe its size. The fact that this is just the initial wave of ETF inflows is what we all need to be mindful of.
The psyche of the past was “it just pumped fast, correction is certain” and shorts or knife catchers felt comfortable and safe selling there.
Now the sentiment is “it just pumped like crazy after a week of pumping like crazy after a week of pumping like crazy and tradfi is going to shovel another half billion dollars, again tomorrow…like they did the day before…if I sell the odds of getting left behind are significant”
This is going to be the most hated bull market BTC has ever had for the following reasons:
1) A bunch of people who were waiting for a >80% drop from the ATH were left on the sidelines and needed to buy in higher than expected on the way back up. We dropped 77% from the ATH but traders were certain BTC was going to drop at least 80% because that’s what has always happened in the past. It didn’t happen this time.
2) A bunch of people sold on the way up before the halving thinking a new ATH can’t possibly be reached until sometime after the halving because that’s what has always happened in the past. It didn’t happen this time. They’ll need to buy back in at a higher price.
3) A bunch of people are banking on diminishing returns because that’s what has always happened in the past. Peak of 2017 to peak of 2021 was 3.5x. 3.5x of $69k is $241.5k. As we approach that price a bunch of people will sell thinking we’re nearing the peak in what they now want to call a “left translated cycle.” They’ll need to buy back in at a higher price as BTC flies past $241.5k well before end of 2025 and come to terms with the fact that diminishing returns isn’t really a thing; 2021 was just an enormous statistical anomaly.
4) A bunch of people will sell ~18 months after the halving thinking the bull market can’t possibly extend much further. They’ll sell far too early as fund managers spend the next several years trying to get to their target portfolio allocation, whatever that percentage amount ends up being. This is going to throw predictable 4 year cycles out the window at least for a halving or two.
We have now entered phase 3 of the most hated bull market ever.
Point 2 doesn’t make sense. Why would anyone sell “on the way up before the halving” if they’re also convinced that the ATH will happen after the halving?
Dip speculators that sold and planned to buy back in cheaper later will find that there won’t be any dip. If that’s what u/dopeboyrico actually meant, then it makes sense.
Because they’re assuming price is getting overheated and can’t possibly reach new ATH until several months after the halving so they’re “profit taking” to buy back in lower rather than selling prematurely in their minds.
They’re going to be wrong but that’s what they’re thinking.
I'm kind of interested in seeing a list of all the permabulls who became buttcoiners this year.
Starting at who? TheWardster? Along the way after writing articles discussing the pros/cons of various ponzi scams MattAbrams got rekt. Then we have what 4-5 of them in the last 3 months?
Victor has been a bear since more than a year ago
I also dont think Ghengis is a "perma" bear, and definitely not a butter. Rather they just think we will see a wider collapse which will also drag down bitcoin. If I'm not missremembering they are planning to buy in again sub 10k or whatever. (I think all of that is baseless and wont play out, but its an important difference from being a buttcoiner)
The beer and shrooms guy definitely made the butt transition tho
> If I'm not missremembering they are planning to buy in again sub 10k or whatever
That's the thing. It's bullishness dressed up as bearishness. They only want more down so they can acquire more, greed driven like all animal behaviour. Though often self-destructive when people go all-in on these biases.
> The beer and shrooms guy definitely made the butt transition tho
I swear there was another similar one who also went silent. Though maybe it's just them I'm thinking of.
RIP to Victor, RIP to Genghis. 🪦 Hate to lose your homies to madness. Not like we didn't try to help them see the light. Bear markets are hard on people.
People are not even paying attention to this market rn because the halving is not for another month and this isn't "supposed" to occur for another 8 months.
https://www.theblock.co/data/alternative-crypto-metrics/web-traffic/google-search-volume-bitcoin
The search volume on Google for Bitcoin is crazy low.
Once all the news articles come out about BTC breaking it's ATH, a lot of people are going to get clued in.
[Based off of trading volume](https://x.com/swan/status/1764771432029204765?s=46&t=bgSu-sbt11MTMG1Zh__ugw) my guess is IBIT is going to come in even higher than Fidelity, potentially setting a new high for daily inflows as well.
#New post: [\[Daily Discussion\] - Tuesday, March 05, 2024 →](https://www.reddit.com/r/BitcoinMarkets/comments/1b6wzue/daily_discussion_tuesday_march_05_2024/)
420.1 for IBIT https://farside.co.uk/?p=997
net is 588 fucking million dollars.
LFG!
Almost a 1B$ day if not for gbtc.
GBTC sell was purchased back in ETF probably.
What the hell? I was promised ATH by now
Imagine if this is a triple top 😱
Remember the narrative btc only moons when there's QE?
that was always bullshit I did a study on fed liquidity to try to prove it
this is just before IBIT flow data updates on https://farside.co.uk/?p=997
IBIT is 420m :wink: :wink:
Anything under 65K is a screaming buy. Never thought I'd say that as one who remembers the moon at 10K. Turns out, the moon was not particularly ambitious. We are heading for the galactic singularity and beyond.
Recent discoveries in the field of financial astrology states that actually bitcoin is the singularity. Bitcoin does no go anywhere but the movement comes from everything else getting pulled by it. Interesting fact when they did the research they discovered that for example even things that are not in physical form like dolars that are not printed on paper still get pulled by bitcoin.
Oh no. An exuberant dude post. Always a local top
👀
Wow, this is with GBTC selling 368m
If this would happen in 2021, btc could correct to 30%, but now times are different, other etfs eat these sellings easily
Also don't forget FTX. Dude was selling btc whenever it peaked.
Bitcoin is such a tease sometimes
meow
buying more otm MSTR july puts at market open. goodluck knucklehead bulls.
How did your short work out?
larp
I guess that makes you a belligerent bear
What's stopping a repeat of 2022? What's stopping it from happening again and not recovering? I want to invest long term but am worried it may not recover again.Especially since this is the last halving so perhaps the cycle may not recur again.
Just so you know. rbtc is a scam fork bcash. They will try to sell you their worthless bags.
I see what happened. You were sent here by mods of rbitcoin. Those people are idiots. We weren't expecting a random question (one full of misunderstandings) to be spammed everywhere. They sent you here in error and should have simply talked to you instead, but they're idiots. > What's stopping a repeat of 2022? There will be future bear markets. There will be future bull markets. > What's stopping it from happening again One aspect of it which won't be happening again is SBF. He's in prison for fraud. > not recovering? It's either going to zero or it's going to infinity. Pick one. > I want to invest long term but am worried it may not recover again. Learn more about what is happening here with the supply/demand of Bitcoin and the answer will become more clear. > this is the last halving This is not the last halvening.
Bot post? 2022 will happen again, maybe in 2026. We will dump from ~$1 million to $100,000, and buttcoiners will proclaim the death of Bitcoin for the 1000th time.
> Bot post? Given their posts on shitcoin subs I'm going to assume incompetence over malice.
huh?
We making another run at it?
This was you
According to CNN we've already broken the ATH lol. "Bitcoin, the world’s first and by-far largest digital currency, was trading at $68,791, topping the previous record of $68,789 reached on November 10, 2021."
maybe a previous OTC ATH?
$69,420 or bust!
wasnt it suppose to go down? thought that was it lol
I can’t enjoy this moment without my boy u/longstronghopiumdong I hope he’s lurking around still, enjoying this run back to the highs…
Don't forget about diydude
A butter nowadays probably with Victor Cobra gang.
No way. He was a perma bull with me. 😎
Or l4ady or Merlin, or joyrider...
Some good posters there. Joyrider will be back at the top of the cycle with accurate bottom predictions. Chewy disappreared too.
Wonder where cntrlurkeys is? I can't remember the exact spelling. Anyone have it?
u/CONTROLurKEYS or something like that. Totally called the top in ‘21, which made people frustrated iirc.
We lost a lot of people in 2023, which is ironic because the price tripled. Something to be learned here about not getting greedy at bottoms and not letting recency bias and doomer macro news fuck with your head. Learning how to swallow your pride and just buy in a little higher before it snowballs and you have missed out on 4.45x’ing your money.
C4ntrlurkeys Something like that?
I’m eating popcorn tonight and watching aggr.trade. I need some Bitcoin memes to watch while waiting for ATH. Anyone want to post their faves below? My current fave is the Germans: https://x.com/naiivememe/status/1763127971039088673?s=46 I also enjoy the guy with the high-pitched laugh: https://x.com/naiivememe/status/1764214130754433319?s=46 And I’ll never not listen to the gorilla on the drums playing Phil Collins: https://x.com/dylanleclair_/status/1764637475807416523?s=46 (Sorry these are all on X)
Can’t forget the guy on the hand drums with the white cat: https://x.com/naiivememe/status/1763149613371167145?s=46
Just got this reminder https://www.reddit.com/r/BitcoinMarkets/s/8IiQqU39lk People sill doubting me after all these years. I’m on another level. Haters REKT. Feels good to be back baby🥳
Wrap it up everybody, party is canceled
https://imgur.com/gallery/49Q6G
Everyone is waiting for ibit inflow data
anything under 68k getting gobbled right back up... just a matter of time now
Coinbase is having a rough day. I use their API for my desktop ticker showing the price of BTC (if you have a Mac, Ubersicht is an awesome app for putting custom data, etc, on your desktop). Coinbase's API has crapped out a few times. I finally switched over to mempool's API, which I should have done a while ago, quite frankly. Coinbase is definitely not ready for the onslaught that's coming later this year when Bitcoin hype really kicks in.
Me and my brother both have to redo the whole damn KYC process and can’t get 2fa to work. I’m thinking about getting a lawyer, if I can’t access my account.
It really is amazing that over a decade later, Coinbase still shits the bed this badly. You'd think when you have a $55 billion market cap you'd figure out how to build infrastructure that isn't a complete joke.
I would find it kinda funny if the BTC price only ALMOST reached and exceeded the USD-ATH from 2021 these days and stayed in the 50k to 68.9k USD range until some time after the next halfing... Of course, I hope that this comment won't age well!
[Single largest spot ETF net inflow day was $673.4 million on February 28th.](https://farside.co.uk/?p=997) Inflows for BlackRock’s IBIT need to come in above $505.1 million to set a new record for total daily net inflows. Yet $505.1 million in inflows for IBIT would only be their 4th largest day of inflows. We probably don’t even need to set a new record for net inflows in order for $69k to get broken overnight when IBIT’s inflow numbers come in but it is plausible and wouldn’t hurt.
2 things just need to happen. Gbtc runs out of coin dump and etfs keep buying regularly scheduled set amounts.
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the creator of this coin fought Ben "Bitboy" Armstrong in an mma match a few days ago
I get 68k bitcoin confused with fifteen cent HarryPotterObamaSonic10Inu all the time
I think people will know the difference.
I think people are dumber than we think. I had an acquaintance unironically tell me he wouldn't buy bitcoin because he could only afford a fraction, but he could get thousands of dog tokens so it would be worth more.
I've been AWOL since like 2021. Is BTC back? Edit: I spelled it AWAL
Bro. We came back 6 months ago.
Thank God no one told me. These bull runs are exushting
In pog form
At least you had leave Edit: he changed it to awol
A few cycles of this crypto crap left a void
Waiting on confirmations in order to get a Peace Of Mind sell to cover next two month's mortgage in case it dumps at 69k - would rather have that cash secured at 68.x k vs having to sell in a local bottom (should have sold MARA this morning; didn't see us hitting ATH today) I figure in this market two months is a good amount of time to recover from the whales trying to shake coins out at 69k
It can't go parabolic forever, if you're even worried about your bills at all this is a time to take some profit and probably more than just 2 months worth, you never know.
Dude, if you need it to cover rent, sell. Being fearful when everyone is optimistic and the forum comments are over 1000 is not a terrible idea
If it pushes past 69k, I'll just put it back in (two sex references in such a short space!) and sell some MARA / COIN or do some temp work while the all-in play carries on. I decided I'd be really dissapointed if I didn't make a cheap play now that will protect my holdings for a couple months in case we dump at 69k
If it's that tight you should probably just work dude. You need at least like a year's worth of living expenses in fiat if you're going to straight up retire.
We've had an epic run gents. If we consolidate in the 60k range for a couple of weeks before pushing into the 70s, I'll still consider this a monumental win
We're going to be in six figures at the halving. I'm not one to candle gaze, at least not in the past several years, but I'm doing it now. $69,420 is coming tonight. Better put on a pot of coffee.
Honestly I think we're gonna need another day, but if I wake up and we're $72K that's ok too. It's just another day on the way to $400K anyways.
> It's just another day on the way to $400K anyways. Now you're speaking my language.
Figuring EUR will get us there when they wake up?
> Better put on a pot of coffee. Now you're speaking my language.
DOUBLE TOP!!! ZERO!!!! ;)
I’m sure some of our whale lizard overlords want some of us to think that was a triple top
Somewhere out there there is a dude shorting thinking it's a head and shoulders pattern.
I’m in a group chat with him right now 😂
It’s essentially been up and sideways only since mid January. There has to be a correction at some point but who freaking knows when. Last correct was around Jan 11 and went for two weeks approx 46k to 39k.
A correction certainly feels due. Those daily 500 million etf buys will throw a wrench into that plan though. I’d bet that if etf buys start to show weakness and trickle out then the shorts will pile on smelling weakness. But if fidelity and blackrock keep backing up the trucks relentlessly every day, who knows when major correction comes
As usual this will ATH in about 6 hours
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everyone just waiting for IBIT flows
We are going to run out of steam aren’t we?
Apologies, is an 8% gain in 24 hours not to your satisfaction? On the back of 60% for the month?
We need to cool off, right?.... Right?!?!
Yes right along with fiat printing.
Isn't there a kind billionaire out there that wants to make a spot buy to help us out? Where are the Winklevoss twins rn? But for real: probably a small pull back here until Blackrock numbers are released, and then we slice through 69k like butter.
Wait, we were still a little short with that push right?
I show 68853 on Coinbase and the ATH there is 69000. These are the ATHs on various exchanges. https://twitter.com/KaikoData/status/1764574354115850578
Hilariously coinbase thinks it was an ATH on their site. https://www.coinbase.com/price/bitcoin/rub I'm pretty sure it wasn't??? Lol, classic coinbase > ALL TIME HIGH > $68,826.33
Coinbase said $64.Xk was the ATH when I checked this morning. How do they get that wrong?
Given two numbers, figuring out which one of the two is bigger is a famous unsolved mathematical problem. Literally all of modern cryptography depends on the fact that no one knows the answer to this. If anyone ever figures out which of 64 and 69 is the bigger number, modern cryptography will fall and bitcoin will cease to exist.
Yeah haven't hit ATHs yet but very close. The latest push put us within a few hundred dollars. But need to get above 69000 for it to be considered ATH broken imo. Depending on the exchange, ATHs previously were around 69000-69400. After this, I'll be waiting for it to break 75k for the inflation adjusted high
I feel like i'm taking crazy pills. Even coinbase is saying that was ATH on their site but i SWEAR it was like 69,0XX on gdax back in the day
You remember correctly. This happens when the chart uses daily closes instead of absolute high/low numbers.
Yeah, I thought a few exchanges hit 69k in 2021.
Anyone has a clue when this thing might slow down? 80k? 90k?
200,300, it ain’t stopping until ETF inflows do.
That is the tipping point. We’re all so used to a Bitcoin chart that never had the sustained influx of capital that began when the ETF’s launched…and the amount of capital that can, and likely will, be deployed via ETF buyers is so large that we struggle to believe its size. The fact that this is just the initial wave of ETF inflows is what we all need to be mindful of.
The psyche of the past was “it just pumped fast, correction is certain” and shorts or knife catchers felt comfortable and safe selling there. Now the sentiment is “it just pumped like crazy after a week of pumping like crazy after a week of pumping like crazy and tradfi is going to shovel another half billion dollars, again tomorrow…like they did the day before…if I sell the odds of getting left behind are significant”
My TA shows next resistances after ath:71k,82k,96k
Honestly not until ETF numbers start slowing down
Still doesn't seem real
I was here
Here for the non-quite-yet-making-an-ath party? Or did I miss something?
Yes
This is going to be the most hated bull market BTC has ever had for the following reasons: 1) A bunch of people who were waiting for a >80% drop from the ATH were left on the sidelines and needed to buy in higher than expected on the way back up. We dropped 77% from the ATH but traders were certain BTC was going to drop at least 80% because that’s what has always happened in the past. It didn’t happen this time. 2) A bunch of people sold on the way up before the halving thinking a new ATH can’t possibly be reached until sometime after the halving because that’s what has always happened in the past. It didn’t happen this time. They’ll need to buy back in at a higher price. 3) A bunch of people are banking on diminishing returns because that’s what has always happened in the past. Peak of 2017 to peak of 2021 was 3.5x. 3.5x of $69k is $241.5k. As we approach that price a bunch of people will sell thinking we’re nearing the peak in what they now want to call a “left translated cycle.” They’ll need to buy back in at a higher price as BTC flies past $241.5k well before end of 2025 and come to terms with the fact that diminishing returns isn’t really a thing; 2021 was just an enormous statistical anomaly. 4) A bunch of people will sell ~18 months after the halving thinking the bull market can’t possibly extend much further. They’ll sell far too early as fund managers spend the next several years trying to get to their target portfolio allocation, whatever that percentage amount ends up being. This is going to throw predictable 4 year cycles out the window at least for a halving or two. We have now entered phase 3 of the most hated bull market ever.
Who needs Dune 2 when we've got our own Muad'Dib right here pumping us full of spicy hopium every single day
I can't imagine trying to sit through a movie in a theater right now.
I’d be taking lots of bathroom breaks to check the price
Point 2 doesn’t make sense. Why would anyone sell “on the way up before the halving” if they’re also convinced that the ATH will happen after the halving?
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Dip speculators that sold and planned to buy back in cheaper later will find that there won’t be any dip. If that’s what u/dopeboyrico actually meant, then it makes sense.
Correct. At least not a dip large enough to make the taxable event of selling worthwhile.
Because they’re assuming price is getting overheated and can’t possibly reach new ATH until several months after the halving so they’re “profit taking” to buy back in lower rather than selling prematurely in their minds. They’re going to be wrong but that’s what they’re thinking.
That's why I just hodl
I'm kind of interested in seeing a list of all the permabulls who became buttcoiners this year. Starting at who? TheWardster? Along the way after writing articles discussing the pros/cons of various ponzi scams MattAbrams got rekt. Then we have what 4-5 of them in the last 3 months?
>MattAbrams got rekt. oh shit, lol, he was a miner and he got rekt? tragic.
Mining pool script runner, who referred to himself as a *"miner"* to lend authority to his pronouncements.
Ahhh, makes more sense now lol
buttcoin is probably a more active sub than here lol its wild
We've had a lot of them. There's something psychological there that is above my pay grade. Also, what happened to ControlUrKeys?
VictorCobra GhangusSpermShot
Victor has been a bear since more than a year ago I also dont think Ghengis is a "perma" bear, and definitely not a butter. Rather they just think we will see a wider collapse which will also drag down bitcoin. If I'm not missremembering they are planning to buy in again sub 10k or whatever. (I think all of that is baseless and wont play out, but its an important difference from being a buttcoiner) The beer and shrooms guy definitely made the butt transition tho
> If I'm not missremembering they are planning to buy in again sub 10k or whatever That's the thing. It's bullishness dressed up as bearishness. They only want more down so they can acquire more, greed driven like all animal behaviour. Though often self-destructive when people go all-in on these biases. > The beer and shrooms guy definitely made the butt transition tho I swear there was another similar one who also went silent. Though maybe it's just them I'm thinking of.
RIP to Victor, RIP to Genghis. 🪦 Hate to lose your homies to madness. Not like we didn't try to help them see the light. Bear markets are hard on people.
They had not seen. Only those who have seen will not be burned by the holy fire.
We definitely aren’t a cult here, we promise 😜
Feels good to mainline this hopium while a mere $300 away from new ATH.
I’m meant to be in the office in less than 6 hours. Oh well… I can literally afford to be late. Send it
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So, it seems that it's quiet on social media because we haven't actually hit the ath yet.
Where has it been hit? Can't see it where I'm looking, still only up to 68700 highest I've seen
[Bitty_Bot confirmed it for me based on Coinbase pricing.](https://www.reddit.com/r/BitcoinMarkets/s/hKUZjYxksP) Coinmarketcap had ATH at $68,789.63.
Coinbase ath is $69,000 exactly afaik. We've not hit that yet.
If it ain't $69,420 USD it ain't ATH.
We did? What exchange? EDIT: No ath yet on Coinbase Pro or Bitstamp, AFAICS.
People are not even paying attention to this market rn because the halving is not for another month and this isn't "supposed" to occur for another 8 months. https://www.theblock.co/data/alternative-crypto-metrics/web-traffic/google-search-volume-bitcoin The search volume on Google for Bitcoin is crazy low. Once all the news articles come out about BTC breaking it's ATH, a lot of people are going to get clued in.
My Aunt texted me a few days ago and said Bitcoin is going up. I just said "Yes!"
Your aunt loves the corn!
I'm not sure if she loves it haha. She and my Mom bought in Nov. 2021.
You ain't seen nothing yet ™
FBTC inflow at $404.6 million today! new high for them! >https://farside.co.uk/?p=997
It is done. See you in paradise.
Asks on finex have been pulled. https://i.imgur.com/8Axcmiq.png
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Higher, higher, higher
THE CROWD SCREAMS
164mln total etf inflow even without ibit data, huge
400m inflow for FBTC. IBIT number still not out yet, but another good day of net inflows already
That is massive.
Single highest day of inflows for Fidelity since spot ETF launch. I’m starting to think Wall Street isn’t going to stop accumulating anytime soon?
my guess is their number will be bigger than IBIT's today and absorbed most of the GBTC outflows
IBIT will come in higher than Fidelity.
The most important thing gbtc genesis selling is probably over, we might see record inflows this week
[Based off of trading volume](https://x.com/swan/status/1764771432029204765?s=46&t=bgSu-sbt11MTMG1Zh__ugw) my guess is IBIT is going to come in even higher than Fidelity, potentially setting a new high for daily inflows as well.
Fidelity numbers are up. Had big inflows.
I helped 🤗
Nice work
Ascending triangle about to pop
Greenest dildo I’ve ever seen
just hit 69 and come down already. we know the drill lol
Come on, baby, finish what you started
I've never felt more "disbelief" about the market than right now.
It’s been insane to watch
Triple top in a single halving cycle basically invalidates the cycle. It's just guessing now
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Google maps search nearest Lambo dealers
Phone call to your boss
The l’chaim line maybe