Bitcoin explosion and ALT coins thread

[rj144]

i have a friend who has heavily invested everything he has into bitcoin, been chatting with him about it these past few weeks obviously.

have you heard of 'plan b' stock to flow model which shows it hitting 100k this year. the projected model is scarily on track.

Does it pull back on the way to $100k?

 

[Cool Hand Luke]

Does it pull back on the way to $100k?

 

[rj144]

View attachment 824646

Nice. That's logarithmic though, so nonsignificant pull backs won't show up as the price gets higher. It's just a model though.

 

[Cool Hand Luke]

40k was hit momentarily - dropped - but then continued upwards again

 

[rj144]

40k was hit momentarily - dropped - but then continued upwards again

And Coinbase is down.

 

[rj144]

40k was hit momentarily - dropped - but then continued upwards again

It just corrected big time.

 

[Cool Hand Luke]

yep big crash and now bitcoin heading up again

 

[rj144]

yep big crash and now bitcoin heading up again

So, I extracted all my investment and quite a bit of profit that's in my bank account and realized. I still have a ton in there though. I think now, since what's in there is bonus, I'm going to try and time the market which I didn't care to do before because it's slightly more risky. I'm going to try to sell on spikes, not cashout, and then buy on the dips.

 

[Cool Hand Luke]

my goal is to buy on the dips now too

 

[rj144]

my goal is to buy on the dips now too

It helps if I can use Coinbase though.

 

[Cool Hand Luke]

It helps if I can use Coinbase though.

just glad robinhood is working, that's where my doge profit was in any case

 

[rj144]

just glad robinhood is working, that's where my doge profit was in any case

Nice.

 

[MIKOM]

Still going, lads and lassies.
Max keiser says either 240 or 280k this year..... I know, crazy right.
Most folk will be happy if it gets to 50k.

 

[Cool Hand Luke]

Still going, lads and lassies.
Max keiser says either 240 or 280k this year..... I know, crazy right.
Most folk will be happy if it gets to 50k.

dollars?

 

[MIKOM]

dollars?

Yes. Max can get a little excited though, so you know. He also predicts one major bank will go bust this year.

 

[dirtypablo]

Is there any rhyme or reason to which of the alt coins are going to skyrocket during these runs? I kind of want to pick a couple that haven't had huge jumps yet and just throw a few thousand at them and see what happens. I woke up this morning to almost a 3x increase in my district0x account, I want more!

 

[My2Cents]

Nothing. There are always dips and pumps and always opportunities. Worse thing you can do is FOMO and buying at an all time high. There are always corrections.

Not true. Worst thing is having 0 exposure. You don’t need to buy much but if you are going to wait on the side lines to enter the market at let’s say 10k per btc... that day might never come

 

[Cool Hand Luke]

this is nuts, over 41k this morning

 

[griffithberserk]

Not true. Worst thing is having 0 exposure. You don’t need to buy much but if you are going to wait on the side lines to enter the market at let’s say 10k per btc... that day might never come

*will never come

 

[THC]

Up $16 this week boys