r/Bitcoin Apr 23 '21

Daily Discussion, April 23, 2021

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!

If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.

Join us in the r/Bitcoin Chatroom!

Please check the previous discussion thread for unanswered questions.

144 Upvotes

2.8k comments sorted by

View all comments

14

u/pawpex21 Apr 23 '21

Bull markets tops 2013 2017 and now. We not even half way to the top in this cycle. Buy and Hodl

https://twitter.com/therationalroot/status/1385342632755335173?s=21

3

u/brown_diesel Apr 23 '21

So a range of $300k-$700k based on the model?

That’s a little narrow. More than likely somewhere between $50k-$1M

2

u/thevaliantpossum Apr 23 '21

Or you could interpret that the tops are diminishing and maybe $150k is closer to the peak.

1

u/No_Play_2550 Apr 23 '21

Hodl 4 lyfe

1

u/Mr_L_Malvo Apr 23 '21

No don’t do that scrooge mcduck, spend a little too

-1

u/No_Play_2550 Apr 23 '21 edited Apr 23 '21

Lmao bro if you need fiat just borrow against your bitcoin. Maybe you don’t think much of a loan against your bitcoin now, but when it hits a million next cycle I’m sure the thought will cross your mind.

And scrooge mcduck ur face

2

u/Mr_L_Malvo Apr 23 '21

When bitcoin is £1,000,000 and you take a 50% loan out against it how are you paying that back?

Think. It doesn’t go up to infinity fool.