WHAT are the chances that Bitcoin will hit $100,000 by end of December?

Discussion in 'Crypto Assets' started by Iwilldoit, Sep 23, 2021.

  1. johnarb

    johnarb

    No comment.

     
    #31     Sep 25, 2021
  2. Thanks for sharing. I've had trouble trying to track down updated mining estimates. In a thread full of rampant hand waving speculation, marginal production cost is the only thing that matters in the medium-term.
     
    #32     Sep 27, 2021
    Bastion_01 and Iwilldoit like this.
  3. thanks here's the latest,[​IMG]

    I'll keep it updated at the substack, https://bastion.substack.com/p/bitcoin-fair-valuation-update-d44/comments
     
    #33     Sep 27, 2021
    IntergalacticSpace likes this.
  4. KCalhoun

    KCalhoun

    I expect 31k by December
     
    #34     Sep 27, 2021
    johnarb likes this.
  5. johnarb

    johnarb

    I respectfully disagree :D


    Oct-Dec are good months for bitcoin

    I think btc will go to $100K before Dec 31. I'm long spot 20 btc's

    At current btc price, If you're right, I lose a couple of hundred thousand, if I'm right, I would make over 1.1M, it's a good deal, I think :D

    Of course, we could both be wrong and btc stays on this narrow range 40k to 50K, but you and I both don't believe that will happen, amiryt?

    We both believe btc is going to be volatile in the next 3 months :)
     
    #35     Sep 28, 2021
    KCalhoun likes this.
  6. KCalhoun

    KCalhoun

    Um but the market agrees, -$1k gap down today as of 5:30amET

    https://www.cnbc.com/quotes/BTC.CM=

    I'm not a btc trader, though, so who knows. Personally I would be scaling out on continued weakness. Cash is king imho, (not a trading recommendation )
     
    #36     Sep 28, 2021
    johnarb likes this.
  7. almost impossible
     
    #37     Sep 30, 2021
  8. johnarb

    johnarb

    -$1K move on btc is not much. It's a high volatility asset

    It has since gone up over $10K in one week's time

    This is nothing, though. Bitcoin will go to $100K before eoy imho

    I'm long 20 btc's and I did not scale out as already have enough cash for safety

    Ca$h is king but bitcoin kicks cash as$ :cool:
     
    #38     Oct 5, 2021
  9. jocrape

    jocrape

    I expect the price to be somewhere between $55k to $60k by the end of the year. Not more than that.
     
    #39     Oct 6, 2021
  10. johnarb

    johnarb

    Why do you say that?
     
    #40     Oct 15, 2021