Conquer Club

Is the Bitcoin bull run over?

\\OFF-TOPIC// conversations about everything that has nothing to do with Conquer Club.

Moderator: Community Team

Forum rules
Please read the Community Guidelines before posting.

Bitcoin has dropped from 64,000 to 42,000 in a little over a week...what happens next?

Poll ended at Fri Jul 16, 2021 1:35 pm

short lived dip, still on target for 100k this year
2
33%
welcome to the bear market, will be back below 10k in a matter of months
1
17%
It's bear from here on out, but BTC didn't go as high as expected, and that might mean the lows aren't as low either. will trend down but not below 20k this year.
0
No votes
I eat crayons, and self identify as a Guinae Pig.
3
50%
I prefer forward looking technologies like silver
0
No votes
 
Total votes : 6

Re: Is the Bitcoin bull run over?

Postby mookiemcgee on Tue Jun 08, 2021 2:59 pm

HitRed wrote:Can the question be answered now?

Is the Bitcoin bull run over?


lol... I think we need 1 more month of information to create a fully formed view that 'Yes, it's over'... it's looking over right now, but alot of what I'm reading suggest the last month or so was a 'bear trap' that may dip one more time over the next week and then start to recover consistently over the following 3-4 months.
saxitoxin wrote:deaths among the unvaccinated are higher.
User avatar
Colonel mookiemcgee
 
Posts: 3150
Joined: Wed Jul 03, 2013 2:33 pm
Location: Northern CA

Re: Is the Bitcoin bull run over?

Postby Dukasaur on Mon Jun 21, 2021 12:20 pm

Image
Image
User avatar
Captain Dukasaur
Community Team
Community Team
 
Posts: 25031
Joined: Sat Nov 20, 2010 4:49 pm
Location: Beautiful Niagara
22

Re: Is the Bitcoin bull run over?

Postby mookiemcgee on Mon Jun 21, 2021 7:28 pm

ok, I lose... bull market seems very over now haha
saxitoxin wrote:deaths among the unvaccinated are higher.
User avatar
Colonel mookiemcgee
 
Posts: 3150
Joined: Wed Jul 03, 2013 2:33 pm
Location: Northern CA

Re: Is the Bitcoin bull run over?

Postby mookiemcgee on Mon Jul 26, 2021 2:07 pm

Significant bump yesterday... there may be some life left in the bull run after all!
saxitoxin wrote:deaths among the unvaccinated are higher.
User avatar
Colonel mookiemcgee
 
Posts: 3150
Joined: Wed Jul 03, 2013 2:33 pm
Location: Northern CA

Re: Is the Bitcoin bull run over?

Postby saxitoxin on Mon Jul 26, 2021 4:04 pm

mookiemcgee wrote:Significant bump yesterday... there may be some life left in the bull run after all!


I dumped at 12 PT today, just before Amazon made their Bitcoin denial. Will try to buy back if it deflates sufficiently.

Finally the #FakeNews does something to help Sax!!!
Preferred Pronouns: We / Everyone
My Body, My Choice
User avatar
Sergeant saxitoxin
 
Posts: 8992
Joined: Fri Jun 05, 2009 1:01 am

Re: Is the Bitcoin bull run over?

Postby mookiemcgee on Mon Jul 26, 2021 5:42 pm

saxitoxin wrote:
mookiemcgee wrote:Significant bump yesterday... there may be some life left in the bull run after all!


I dumped at 12 PT today, just before Amazon made their Bitcoin denial. Will try to buy back if it deflates sufficiently.

Finally the #FakeNews does something to help Sax!!!



Thanks CNN!
saxitoxin wrote:deaths among the unvaccinated are higher.
User avatar
Colonel mookiemcgee
 
Posts: 3150
Joined: Wed Jul 03, 2013 2:33 pm
Location: Northern CA

Re: Is the Bitcoin bull run over?

Postby saxitoxin on Mon Jul 26, 2021 6:11 pm

mookiemcgee wrote:
saxitoxin wrote:
mookiemcgee wrote:Significant bump yesterday... there may be some life left in the bull run after all!


I dumped at 12 PT today, just before Amazon made their Bitcoin denial. Will try to buy back if it deflates sufficiently.

Finally the #FakeNews does something to help Sax!!!



Thanks CNN!


Don Lemon's fake rumor reporting single handedly made up 110% of my BTC losses on the year!
Preferred Pronouns: We / Everyone
My Body, My Choice
User avatar
Sergeant saxitoxin
 
Posts: 8992
Joined: Fri Jun 05, 2009 1:01 am

Re: Is the Bitcoin bull run over?

Postby mookiemcgee on Mon Aug 09, 2021 12:51 pm

BITCOIN IS BACK BABY!!! 100k by Nov, peak around $180k-250k between Dec and Feb

Saxi, ADA smart contracts going live in less than a month... that shit is gonna moon soon
saxitoxin wrote:deaths among the unvaccinated are higher.
User avatar
Colonel mookiemcgee
 
Posts: 3150
Joined: Wed Jul 03, 2013 2:33 pm
Location: Northern CA

Re: Is the Bitcoin bull run over?

Postby mookiemcgee on Sat Aug 14, 2021 11:59 am

Image
saxitoxin wrote:deaths among the unvaccinated are higher.
User avatar
Colonel mookiemcgee
 
Posts: 3150
Joined: Wed Jul 03, 2013 2:33 pm
Location: Northern CA

Re: Is the Bitcoin bull run over?

Postby saxitoxin on Sat Aug 14, 2021 12:50 pm

mookiemcgee wrote:BITCOIN IS BACK BABY!!! 100k by Nov, peak around $180k-250k between Dec and Feb

Saxi, ADA smart contracts going live in less than a month... that shit is gonna moon soon


I got back in before it bounced back after the Amazon news. Overall, I'm up about 12% in a month, but I should have gone all in on Cardano.
Preferred Pronouns: We / Everyone
My Body, My Choice
User avatar
Sergeant saxitoxin
 
Posts: 8992
Joined: Fri Jun 05, 2009 1:01 am

Re: Is the Bitcoin bull run over?

Postby HitRed on Sat Aug 14, 2021 2:39 pm

I watched an interview with the creator of Hex. Interesting person.

User avatar
Major HitRed
 
Posts: 3370
Joined: Fri Jun 26, 2015 12:16 pm

Re: Is the Bitcoin bull run over?

Postby mookiemcgee on Sat Aug 14, 2021 3:25 pm

HitRed wrote:I watched an interview with the creator of Hex. Interesting person.



lol... yeah he's interesting all right ha!


You have to be skeptical of what people say in the crytpo world, especially people that are 'pushing' their own crypto project... everything is 'going to revolutionize crypto' and everything is 'better' or 'going to replace' bitcoin and ethereum. At the end of the day price of a coin isn't really a good barometer for how it's doing vs other crypto... it's all about market cap. price is certainly important to individual investors, but these coins all have different tokenomics... some are inflationary, some are deflationary so it's not always comparing apples to apples. Market cap comparison levels the playing field... I don't really know alot about HEX, but that guys seems very douchey
saxitoxin wrote:deaths among the unvaccinated are higher.
User avatar
Colonel mookiemcgee
 
Posts: 3150
Joined: Wed Jul 03, 2013 2:33 pm
Location: Northern CA

Re: Is the Bitcoin bull run over?

Postby mookiemcgee on Mon Aug 30, 2021 4:49 pm

Well... I just sold an NFT on Solana for 50 SOL (roughly $6k) today. In turn I then bought another one on Binance Smart Chain for 30BNB (roughly $16k). I'm fully down the rabbit whole and have entirely lost sight of reality. Wish me luck!
saxitoxin wrote:deaths among the unvaccinated are higher.
User avatar
Colonel mookiemcgee
 
Posts: 3150
Joined: Wed Jul 03, 2013 2:33 pm
Location: Northern CA

Re: Is the Bitcoin bull run over?

Postby HitRed on Mon Aug 30, 2021 5:32 pm

Good luck.
User avatar
Major HitRed
 
Posts: 3370
Joined: Fri Jun 26, 2015 12:16 pm

Re: Is the Bitcoin bull run over?

Postby mookiemcgee on Wed Sep 01, 2021 12:48 pm

HitRed wrote:Good luck.


Thanks, things move quick in crypto... Just flipped the 30BNB NFT for 45BNB so we are up to $22k... sent some back to Solana to mint a new NFT series. Was able to mint 1 for 3 Solana... current floor price now is 24 Solana. I've made buy a new car money this week!
saxitoxin wrote:deaths among the unvaccinated are higher.
User avatar
Colonel mookiemcgee
 
Posts: 3150
Joined: Wed Jul 03, 2013 2:33 pm
Location: Northern CA

Re: Is the Bitcoin bull run over?

Postby HitRed on Tue Sep 07, 2021 7:35 pm

https://twitter.com/steve_hanke

He loves to tweet on crypto.
User avatar
Major HitRed
 
Posts: 3370
Joined: Fri Jun 26, 2015 12:16 pm

Re: Is the Bitcoin bull run over?

Postby mookiemcgee on Tue Sep 07, 2021 11:06 pm

HitRed wrote:https://twitter.com/steve_hanke

He loves to tweet on crypto.


Just another boomer denying the future before learning about it.

Interesting article about a small dot-com company who's value was cut by 1/5th in a single day! How could anyone want to invest in a asset so volatile???

https://www.theguardian.com/technology/ ... ance.books
saxitoxin wrote:deaths among the unvaccinated are higher.
User avatar
Colonel mookiemcgee
 
Posts: 3150
Joined: Wed Jul 03, 2013 2:33 pm
Location: Northern CA

Re: Is the Bitcoin bull run over?

Postby mookiemcgee on Sat Oct 16, 2021 1:22 pm

Bitcoin crosses $60k, flirting again with ALL TIME HIGHS...

My analysis suggests that for the next 30-60days money will flood out of altcoins back into bitcoin the king... everything will head slowly upwards but bitcoin on % basis will beat the overall Altcoin market, then roughly Dec thing will flip and the some of the alts are going to go buck fucking wild. I'd suggest keeping your portfolios BTC, but the risk metrics are rather high so it's not really ideal anymore to DCA into bitcoin, if you are looking to add new powder, I'd look at accumulating the blue chip alts like DOT, ETH, Cardano. Fantom, Luna and Celo are also getting alot of attention lately, and could see them having a good month too. Some of the L1 solutions that launch early in the year like Avalanche and Poly may start to bounce back a bit as well.

TL/DR, don't sell any bitcoin, certainly don't sell it to buy alts right now. New fiat should be scooping up ETH and DOT.
saxitoxin wrote:deaths among the unvaccinated are higher.
User avatar
Colonel mookiemcgee
 
Posts: 3150
Joined: Wed Jul 03, 2013 2:33 pm
Location: Northern CA

PreviousNext

Return to Practical Explanation about Next Life,

Who is online

Users browsing this forum: No registered users

cron