18k BTC by the end of week

[Anonymous No.14322812]

1_Trade volume on usd is constant while the btc being traded has been decreasing due to scarcity in the market.

https://coin.dance/volume/localbitcoins/ALL

2_The reason why btc bullruns usually stop is because the fees become high and normal everyday users doing wires stop for a time and become purelly speculative forming a bubble.

This has not happened since the 4.2k bullrun as a matter of fact 1sat transactions have been going on and the mempool as cleaned during the weekend that means that we are ready for a week of fomo.

3_The timing of the run from 8k to 11k happened at the end of the week meaning the faggots fomoing and buying with bank transfers are still waiting for their fiat to enter exchanges.
They are going to be all week waiting it to drop bellow 10k to fomo but the fact that they will be waiting means it will not happen.

4_Boomer media is slow and tomorrow the news of btc surpassing 10k will happen again this combined with point 3 means that we are in for a massive bullrun this week , also point 1 shows that the btc liquidity in the market has been decreasing.

If you hold bitcoin you already made it , if you were still accumualting this is probably your last week.

[Anonymous No.14322826]

>>14322812
This is probably the last week middle class will be able to buy at least 1 entire BTC.

[Anonymous No.14322964]

>>14322812
oh and i almost forgot

5_BTC dominance has nearly risen to 60% as shitcoin money escapes to the true crypto king for it's halving.

If this continues we will se btc 70% dominance before the end of the year.

[Anonymous No.14322974]

>>14322964
As soon as the exchanges start to receive the bank transfers send at the end of the last week a massive bullrun will start.

[Anonymous No.14322984]

fuck off with this bulltard delusion.
>18k
yeah ok you're not baiting gullible anons no siree

[Anonymous No.14323024]

>>14322984
COPE

[Anonymous No.14323240]

>>14323024
>the fact some people were wrong about bitcoin's long-term ability to gain value literally YEARS ago somehow proves that bitcoin will hit 18k this week
unreal how stupid /biz/ has become

[Anonymous No.14323259]

>>14322812
you're right but all of these are long term prdeictions and you're in full FOMO mode. i'd be really surprised if we didn't dump back to 9k before going higher. too many people are going long right now

[Anonymous No.14323268]

>>14323240
Volume of traded btc is decreasing while the usd ammount is stable.

https://coin.dance/volume/localbitcoins/ALL/BTC

We are at the start of a bullrun that should not be happening but it's happening.

Why the market is all of the sudden short of btc is uknown to me but the charts don't lie.

Notice what happened in july 2017 and what happened in march this year.

THE CHARTS DON'T LIE prove me wrong , protip you can't.

[Anonymous No.14323282]

>>14323259
I bought at 3800(even when i knew that i should have bought at 3300) i took to much atention to the brainlets saying it was going to 2000.

Anyone looking at the charts could see that btc suffers a 84% collapse after each bubble and that 3300 was the best buy but i listened to the brainlets.

Now look at the charts again and prove me wrong.
The btc liquidity collapse that started in march is starting to cause a price increase just like the july 2017 collapse caused.

[Anonymous No.14323388]

>>14323268
What do you think will be the approximate top for this bull run?

[Anonymous No.14323389]

>>14323268
Normie answer:
Investors are looking to get into a recessionary resistant asset
Why do you think so many companies are coming to market, they know they can get outrageous valuations right now and early stage investors are starting to prepare for a correction
A lot of the institutional money that holds isn’t selling because they know there is gonna be a run from equities into btc

190 IQ answer:
Another huge buyer of btc has been central banks, we just aren’t allowed to know. When the economy crashes the Fed will make a bunch of money first off btc then begin secretly selling btc as a monetary control tool to fight stagflation. Simple swap of bitcoin for dollars, and create a ton of liquidity in the market, then a bear run, while they essentially dump their bags on the public

[Anonymous No.14323413]

>>14323388
This is a long bullrun and will last from march 2019 to late 2021(uknown) maybe 2022 if kyc makes it hard to cash out and zuckbucks too easy to cash to a stablecoin.

First period 2009 to 2012(pre halving)
Available: 10,500,000 BTC (50% mined)
Price increased from : 0.1 to 31 $ (319 times growth)

Second Period 2012 to 2015 (1st halving was 11/2012)
Best Buy was a year before Halving
Available :15,750,000 (75% mined)
Price increased from : 1.85 to 1135 S (575 times Growth)

Third period 2015 to 2018 (2nd Halving was 6/2016)
Best Buy was a year before Halving
Available :18,375,000 (87.5% mined)
Price increased from : 165 to 19k S (115 times Growth)

Considering that the low value after the bubble has been 3200 usd let´s assume we grow instead of 115 times , half of that(a massive reduction in growth) , 57,5 times.

That gives us a price of 182k somewere around 2021.

And this is assuming a massive slowing down in the price increases happening between halvings.

Also bitcoin will have lower inflation than the usd and eur early next year.

Assuming it keeps with the trends and we grow let´s say 100% we are going to 320k.

But we will have lower inflation than the usd and eur so relative to fiat it will be a constant growth.

This bullrun then:
New bottom after 2021= 55k usd

Expected minimum peak based on previous bullruns = 180k to 360k

Expected Maximum peak based on previous bullrun = 1.8M(yeah i am not shitting you) But this one is only based on the strongest halving and i seriously doubt it happens unless breadline sanders is elected.

[Anonymous No.14323432]

>>14323389
It's a big posibility and zuckbucks seem to be a way out regardless they can't buy any significant ammount.

600k btc to be mined by may 2020 , then 300k per year.

Goxed coins are 800k , Satoshi has 900k and never moved them.

At 300k btc mined per year even if they dump they will only make 2024 halving stronger.

Also the low inflationary rate of bitcoin post halving will cause this halving to have an inflationary pump just like housing has since the end of the gold standard.

Once bitcoin inflation rate goes bellow fiat and gold next year anything can happen.

What are your toughs on bitcoin inflation becoming lower than fiat?

[Anonymous No.14323806]

>>14322974
Why are you saying this? Anyone who already has a hookup to an exchange with KYC can transfer funds immediately. Anyone can buy BTC that same day. Regardless of weekend or weekday.

And the rest of your mainpoint posts are copypasta.

No BTC longterm bull can guarantee that anyone is going to buy when the price of a 1 BTC is astronomical. Eventually miners will only sell BTC to recoup all their costs plus profit, and when that gets to be 100k a coin, people will still be trading in amounts of--you guessed it--sub $500. Volume will drop, miners unplug and go somewhere else.

[Anonymous No.14324217]

>>14323432
Btc inflation falls below gold in 2024 fren, not next year

[Anonymous No.14324712]

>>14324217
Bellow fiat next year and gold probably next year too , hard to know as we don't have data of all it's supply but it must be around 1.50% per year.

>>14323806
Most banks don't accept deposit on weekends , and most exchanges don't top-up funds on weekends neither.

[Anonymous No.14324920]

>>14322812
It's starting today bitcoin goes above 11k forever.

[Anonymous No.14325118]

>>14324920
From your lips to God’s ears anon.
Lets all make it together.

[Anonymous No.14325129]

>>14325118
You already made it anon.

[Anonymous No.14325210]

If all you say is real and bitcoin is set to reach lower inflation than gold, what market cap could it reach? Sorry but Im just a kid trying to figure out how many btc I have to accumulate to attain financial freedom.

[Anonymous No.14325244]

>>14325210
It all depends of the government policies , gold is fucked by capital taxes and people use stronger currencies to protect themselves from inflation in shitholes.

But if the usd and eur keep going with this quantitative easing crap proof of work based cryptos have an unlimited market cap.

The only reason housing has been going up is because rich people buy them to protect their wealth against inflation.

Crypto is divisible tough so everyone would be able to protect themselves from inflation if governments take it too far.

All i can tell you is invest in proof of work based coins like bitcoin , ltc , xmr or bch.

I would go all in btc if i were you it's the safest bet.

[Anonymous No.14325367]

>>14322826
I don't like hearing this. I don't have a whole bit coin and I feel so anxious. But i have a plan that I am sticking too because im a grown adult reeeeee

[Anonymous No.14325436]

>>14325244
Ok thanks. But does it mean that long term btc will only be a hedge against inflation. Meaning that as with gold, it won't be a high yield asset? So should I get out of btc and back to boomer stocks when inflation returns (I mean everyone is hating on quantitative easing but its basically free money if you know how to ride it) ? Or will this equilibrium happen only once every btc is mined?

[Anonymous No.14325504]

>>14325436
>(I mean everyone is hating on quantitative easing but its basically free money if you know how to ride it)

It can't go on forever the housing bubble is a result of it and bubbles are forming into everything atm meanwhile it's giving everyone the idea that money is abundand an easy and socialist lunatics are appearing everywhere.

Bitcoin will give massive returns until 2030 then it will stabilize as 99% have been mined and will only grow in crisis where fiat is justed.

But until then it's 3 more bullruns.

>>14325367
Which is why we are not going back bellow 10k everyone was waiting to buy cheap at 4k and the fucking whales took the first step and bought before may(since everyone wanted to enter a year before halving).

So yea you may not like to hear it but it's the truth.

[Anonymous No.14325562]

Nice hopium thread bros
I really hope we're all gonna make it

>>14323413
>320k
one can only dream

[Anonymous No.14325745]

>>14325562
>one can only dream

Well that only needs this halving to be as powerful as the previous one and so far it's been stronger , previous one crabed a year before the halving this one is already moving upwards.

[Anonymous No.14325820]

>>14325745

[Anonymous No.14325956]

>>14325820
Previous halving bullrun was from 165 usd to 19k

165*115=18975

This time the bottom was 3200 usd

3200*115=368.000 usd

And previous run had massive crabing before halving this one has already started.

We may hit 1M in 2021 at this rate.

[Anonymous No.14326001]

>>14323024
Paul (((Krugman)))

[Anonymous No.14326028]

>>14325504
You can buy again under 10k next winter.

Screencap this.

[Anonymous No.14326037]

>>14325244
>Crypto is divisible
Better yet, crypto will make all assets divisible.

[Anonymous No.14326051]

>>14322812

that button on that shirt is about to pop

[Anonymous No.14326151]

>>14325562
>>14322812
>>14322826
>>14322964
>>14322974
>>14322984
>>14322974
>>14322984
>>14323024
>>14323240
>>14323259
>>14323268
>>14323282
>>14323388
>>14323388
>
>>14323389
>>14323413
>>14323413
>>14323432
>>14323806
>>14324217
>>14324712
>>14324712
>>14324920
>>14324920
>>14325118
>>14325129
>>14325210
>>14325244
>>14325367
>>14325436
>>14325504
>>14325562
>>14325745
>>14325820
>>14325956
>>14326001
>>14326028
>>14326037
>>14326051

[Anonymous No.14326164]

Feeling comfy yet?

[Anonymous No.14326206]

>>14326164
Comfy and ready for lift off

[Anonymous No.14326213]

>>14325956

If we assume the same as last time, the next bottom would be roughly 60k. But I really don't think past performance indicates the future when at these insane prices

People will fomo harder than ever and they won't sell this time

[Anonymous No.14326254]

>>14326213
I been thinking the same , the numbers will be so big that kyc will make it harder to cash out however it will be so easy to cash to zuckbucks(literaly tether on steroids) , that i am starting to think that people may not cash out.

The normie horde that zuckbucks will bring will enter during the bullrun assuming they release libra on time.

I think that btc will become digital gold even if we don't like the meme.

Libra will have 3% inflation at best based on the fiat levels it will have as reserve.
BTC will have 1.80% inflation per year after may 2020 , fucking hell we may make it massively.

I am starting to feel that we are at the internet in late 1990.

What do you think is going to happen anon?

[Anonymous No.14326360]

>>14326254

Libra is literally E-Coin from Mr Robot. A shit coin that granny norma will think she's smart getting in early like those Bitcorn millionaires she reads about.

I don't think it has any merits in the cryptosphere, and shouldn't affect the 'real' crypto. I honestly don't know where this whole market is going, I have a small stack (<$4000) and interested to see where this all goes.

Bitcoin needs to scale though, schnorr signatures should help a little

[Anonymous No.14326369]

>>14322812
20k banano eoy

[Anonymous No.14326507]

>>14326360
You would be correct on everything i am also for the ride to see where we go.

Regarding zuckbucks they are going to open a gate from cryptos to stablecuckedcoin.

Considering banks kyc insanity it seems like a great thing.
This is why btc started to moon zuckbucks are a trojan horse , just look at the companies sponsoring it most have been cucked by regulations and banks.

[Anonymous No.14326754]

Nice thread OP thanks. My 63 BTC stack hopes you’re right. :)

[Anonymous No.14326763]

>>14326360
why use bitcoin for paying if u have coins like nimiq already on board. use bitcoin as a gold. and payment currencies as a payment method lol
once chainlink marines make it we will have inter-operationable chains that will inflirt each other and i can easly use bridge between btc-nimiq and pay for anything. atomic swap will do the trick and i dont care. btc is gold, nimiq is bitcoin cash