Bitcoin

Ironman92

Administrator

Mon, Nov 11, 2024 3:07 PM
posted by justincredible

My reasonable price target for this cycle is now $150k. My unreasonable target is $290k. This is not financial advice.

How long is this current cycle you see going to 150?


justincredible

Honorable Admin

Mon, Nov 11, 2024 4:08 PM

~August 2025 would be the end of the current cycle if historical cycles repeat once again.

justincredible

Honorable Admin

Mon, Nov 11, 2024 5:06 PM

I was going to predict $100k by Christmas, but we might get there this week.

Ironman92

Administrator

Mon, Nov 11, 2024 5:14 PM
posted by justincredible

I was going to predict $100k by Christmas, but we might get there this week.

I read the tweet you posted and this maybe nothing to do with anything….but do you feel the Bitcoin ownership here in  the US is equal with Republican and Democrats? Does it lean a bit one way or is it strongly one sided?


justincredible

Honorable Admin

Mon, Nov 11, 2024 5:25 PM

I would say it definitely leans to the right, and the Republican party seems to have far more favorable policies towards it so far. There are no Liz Warren's and Brad Sherman's in the Republican party that I am aware of. And there are several vocal bitcoiners in the Republican party (Cynthia Lummis, Warren Davidson, etc).

But there are plenty of bitcoin owners on the left. 

There are also a lot that are strict libertarian/anarchist that won't vote.

1

Ironman92

Administrator

Mon, Nov 11, 2024 5:37 PM
posted by justincredible

I would say it definitely leans to the right, and the Republican party seems to have far more favorable policies towards it so far. There are no Liz Warren's and Brad Sherman's in the Republican party that I am aware of. And there are several vocal bitcoiners in the Republican party (Cynthia Lummis, Warren Davidson, etc).

But there are plenty of bitcoin owners on the left. 

There are also a lot that are strict libertarian/anarchist that won't vote.

Why won’t they vote?


justincredible

Honorable Admin

Mon, Nov 11, 2024 6:26 PM
posted by Ironman92

Wasn’t there a Rams or Cardinals big name that did the same?


I can't remember anyone specific, but I've seen quite a few guys from the league wearing bitcoin gear. 

justincredible

Honorable Admin

Tue, Nov 12, 2024 10:52 AM
posted by Ironman92

Why won’t they vote?


I think their general consensus is "we're not voting our way out of this." They could be right, but one party is significantly ahead of the other in terms of favorability towards the industry so it's an easy choice for me. If I was a single-issue voter, bitcoin would be my single issue. 

1

Automatik

Senior Member

Thu, Nov 21, 2024 9:48 AM

Sooo....who's rich? 

brutus161

The Navy Guy

Thu, Nov 21, 2024 10:19 AM
posted by Automatik

Sooo....who's rich? 

Technically, none of us until we sell. 

justincredible

Honorable Admin

Thu, Nov 21, 2024 10:31 AM
posted by brutus161

Technically, none of us until we sell. 

I'd much rather be holding bitcoin than dollars. Don't sell unless you absolutely need to, it's going A LOT higher.

Automatik

Senior Member

Thu, Nov 21, 2024 10:41 AM

I skimmed a bit last night to dump into debt. I don't sell often, but it's a nice method to assist with becoming debt free. I can see the light at the end of the tunnel! 

2

justincredible

Honorable Admin

Thu, Nov 21, 2024 10:49 AM
posted by Automatik

I skimmed a bit last night to dump into debt. I don't sell often, but it's a nice method to assist with becoming debt free. I can see the light at the end of the tunnel! 

Totally reasonable.

But I wouldn't sell just to sell and have cash on hand.

Automatik

Senior Member

Thu, Nov 21, 2024 11:02 AM

I'm also dabbling in Solana network alts. Money to be made for sure, but it's goddamn confusing and you have to navigate a lot of Twitter nerd dumbshit. I don't really have the mental capacity to deal with it, but it's fun....for now. 

justincredible

Honorable Admin

Thu, Nov 21, 2024 11:24 AM
posted by Automatik

I'm also dabbling in Solana network alts. Money to be made for sure, but it's goddamn confusing and you have to navigate a lot of Twitter nerd dumbshit. I don't really have the mental capacity to deal with it, but it's fun....for now. 

justincredible

Honorable Admin

Thu, Nov 21, 2024 7:31 PM

Bought a nice bottle of rye to have on hand to celebrate $100k. Hope I didn’t jinx it. 

Ironman92

Administrator

Thu, Nov 21, 2024 9:01 PM
posted by justincredible

Bought a nice bottle of rye to have on hand to celebrate $100k. Hope I didn’t jinx it. 

You drinking tomorrow afternoon?


justincredible

Honorable Admin

Fri, Nov 22, 2024 8:25 AM
posted by Ironman92

You drinking tomorrow afternoon?


Hope so.

justincredible

Honorable Admin

Fri, Nov 22, 2024 5:20 PM

It's going to taunt me all fucking weekend, isn't it?

Ironman92

Administrator

Fri, Nov 22, 2024 5:42 PM
posted by justincredible

It's going to taunt me all fucking weekend, isn't it?

It might….and if it does, you know what you did wrong


justincredible

Honorable Admin

Fri, Nov 22, 2024 6:29 PM

I tanked the Jets season, now I'm keeping Bitcoin under $100k. Just an unlucky jerk.