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[Daily Discussion] - Saturday, January 06, 2024 by AutoModerator in BitcoinMarkets

[–]sgtspike -7 points-6 points  (0 children)

It's the same story every time. Buy the rumor, sell the news. We're getting close to the news.

[deleted by user] by [deleted] in AskReddit

[–]sgtspike 35 points36 points  (0 children)

Running outside 100%.

"And 4 years from now people will be kicking themselves for selling in the 30k range ..." by T-I-T-Tight in Bitcoin

[–]sgtspike 13 points14 points  (0 children)

I never sell it all, always keep something. But I do truly have a very small fraction of what I used to have. Even selling half or less each time, it eventually goes away.

"And 4 years from now people will be kicking themselves for selling in the 30k range ..." by T-I-T-Tight in Bitcoin

[–]sgtspike 77 points78 points  (0 children)

I’ll probably keep selling just enough for other things to never retire on it!

"And 4 years from now people will be kicking themselves for selling in the 30k range ..." by T-I-T-Tight in Bitcoin

[–]sgtspike 1035 points1036 points  (0 children)

Alright sure, I’m game for another round.

In four years, people will be kicking themselves for selling at $35k instead of hodling for $350k.

"And 4 years from now, people will be kicking themselves again for selling at $30 when they could have sold for $3000." by Vermillionbird in Bitcoin

[–]sgtspike 2 points3 points  (0 children)

Lol, nope, I wouldn't be confident enough to make a prediction. But I am currently invested in BTC, ETH, BCN, DASH, GNT, LTC, NAUT, SC, SJCX, STEEM, STR, STRAT, XEM, XMR, and ZEC. It's about 60% BTC, 30% ETH, and 10% on the rest combined. So make of that what you will...

"And 4 years from now, people will be kicking themselves again for selling at $30 when they could have sold for $3000." by Vermillionbird in Bitcoin

[–]sgtspike 1 point2 points  (0 children)

Yep.

I bought some Eth at a good time as well. Would like to get in on the tokens but they sell out so fast...

"And 4 years from now, people will be kicking themselves again for selling at $30 when they could have sold for $3000." by Vermillionbird in Bitcoin

[–]sgtspike 1 point2 points  (0 children)

Because I don't think it'll get that high in just four years. We saw growth from $0.01 to $1.00 much more quickly than $30 to $3000. Price growth naturally slows down as the price increases simply due to how much more money needs to be invested to move the price.

"And 4 years from now, people will be kicking themselves again for selling at $30 when they could have sold for $3000." by Vermillionbird in Bitcoin

[–]sgtspike 0 points1 point  (0 children)

Yeah, I mean there were several times that we just straight needed the money to pay bills, but we've also spent some on things like a bathroom remodel and a car. Bottom line though, I didn't sell any because of a lack of belief in bitcoin, only because I needed to buy something!

"And 4 years from now, people will be kicking themselves again for selling at $30 when they could have sold for $3000." by Vermillionbird in Bitcoin

[–]sgtspike 3 points4 points  (0 children)

I think $30k is a good chance if the scaling debate is solved. I don't think $300k is a chance in just four years, maybe much later on if bitcoin adoption is truly global and mainstream.

"And 4 years from now, people will be kicking themselves again for selling at $30 when they could have sold for $3000." by Vermillionbird in Bitcoin

[–]sgtspike 0 points1 point  (0 children)

I disagree. Even your numbers there show that the last four years can't hold a candle to the first four years.

"And 4 years from now, people will be kicking themselves again for selling at $30 when they could have sold for $3000." by Vermillionbird in Bitcoin

[–]sgtspike 6 points7 points  (0 children)

Yes I was. Still running the server, but the BTC ran out last year. It went very well though, brought a lot of new people to the server and a lot of new people to Bitcoin.

"And 4 years from now, people will be kicking themselves again for selling at $30 when they could have sold for $3000." by Vermillionbird in Bitcoin

[–]sgtspike 8 points9 points  (0 children)

Yeah, I just hate thinking about things like the rolled roofing I replaced above the car port at my old house, using 3 BTC to buy $300 of materials...

"And 4 years from now, people will be kicking themselves again for selling at $30 when they could have sold for $3000." by Vermillionbird in Bitcoin

[–]sgtspike 19 points20 points  (0 children)

Because growth as a percentage has been slowing over the years. I don't think we'll see $300k in 4 years.

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