1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

mannyrs13

Compound Kingpin
Supporter
Joined
May 8, 2012
Messages
39,032
Reputation
15,625
Daps
86,711
Reppin
Focusville, USA
With the whole pandemic unemployment assistance thing officially ending, plus the eviction thing, plus September historically being a time when stock prices go down, does this also mean that cryptocurrency will go down, or do you see this little run going on for a little while longer?
I think it continues but could go either way with September being a questionable month.

8, 11, 4, and 13% going back to 2017. Thats the drop in market cap for September in crypto. So 8% 2020 to 13% 2017. Now in 2017, 26, 64, and 93% gains were the next 3 months. In 2018 it dipped until February and started to go back up so took a while. 2019 was a bit stable for a bit for maybe 8 months and then started going back up. In 2020 it went down 8.60% and was around 350 billion. It ran off 7 green candles of at least 10%, dipped back down a bit and is currently higher than the closing mark of the highest candle close which was April. And its already up 13% this month. The only month where market cap was higher was in May. If it sustains above 2.15 trillion, strong chance of a run to 3 within a year the latest. Everything pretty much following an upward trend right now. Plus El Salvador making BTC legal tomorrow and one bank already started accepting some crypto as payment. I doubt we see red this month but if we do, next few months gonna get us back higher than we are now.
 

mannyrs13

Compound Kingpin
Supporter
Joined
May 8, 2012
Messages
39,032
Reputation
15,625
Daps
86,711
Reppin
Focusville, USA
I currently own 1 BTC. What is the realistic expectation of bitcoin reaching 100k? I remember hedgefund companies saying they expect it to reach 100k by the end of the year. Is that still a possibility?

It'll be close if it follows its current support trend. Its been kind of a slow gainer but could pick up at any moment. Worst case-it hits 100k and is around it the EOY, maybe between 95k-100k.
 

the bossman

Superstar
Joined
Sep 4, 2012
Messages
10,627
Reputation
2,302
Daps
49,620
Reppin
Norfeast D.C.
I currently own 1 BTC. What is the realistic expectation of bitcoin reaching 100k? I remember hedgefund companies saying they expect it to reach 100k by the end of the year. Is that still a possibility?
Easily. Could end up anywhere between 100-200k at end of this run
 

satireprod

Superstar
Joined
Jul 5, 2014
Messages
6,656
Reputation
660
Daps
15,733
Let’s get it:salute:

They really be the main ones arguing with me about the projects at first too LMAOOO

Spending all their time focusing on FinesseCoin #4252 instead of looking for solid projects.

The day RSR goes into the dollar(s) territory will be GLORIOUS!!

Salute for the acknowledgement fam, we all eating :blessed:

I got a seat at the table ready for you fam :salute:
CC41-CF84-BCA8-4706-A4-AC-24-DD8-A774108.png

B333036-A-D948-4-FE9-90-C9-CFF23-C9020-D7.png


FACTS, it’s just ridiculous at this point.
A bunch of straight dopefiends in here

I used to think they were like Bubbles, come to find out they’re more like Johnny, SMH :scusthov:
B17-E3-E32-14-DB-41-C2-AA6-A-EC512-D5-D5524.jpg

1666-D0-FC-2720-4348-9-B67-5-FA78354-C8-F0.png


FinesseCoin :russ::mjlol::dead:
 

satireprod

Superstar
Joined
Jul 5, 2014
Messages
6,656
Reputation
660
Daps
15,733
Well to be fair the 1st part of this bull run when scam tokens were running 70 percent of this thread seemed to be chasing pump and dumps.

Cumrocket, porn water, or whatever was trending.

So a lot of people are guilty. Tbh, it's kinda when I started to back out this thread

Anyway glad to see people on track again lol.

Porn Water :lolbron::hhh::scust:
 
Top