# Future of Bitcoin
**URL:** https://forum.mustachianpost.com/t/future-of-bitcoin/3750
**Category:** Investing / Cryptocurrencies
**Created:** [April 26, 2020, 10:18am UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750 "2020-04-26T10:18:47Z")
**Posts on this page:** 20
**Page:** 64
### Author:  [@kraphael](https://forum.mustachianpost.com/u/kraphael)
#### Post date: [November 23, 2022, 3:13pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1384 "2022-11-23T15:13:09Z")
> [@marcel-burkhard](#):
>
> Even the silly rainbow chart is broken now with prices lower than last cycle (with regards to the mining rewards halvening).
🌈
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### Author:  [@Dr.PI](https://forum.mustachianpost.com/u/Dr.PI)
#### Post date: [November 29, 2022, 8:24am UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1385 "2022-11-29T08:24:18Z")
[https://seekingalpha.com/article/4560456-cryptocurrencies-traditional-asset-classes-correlation](https://seekingalpha.com/article/4560456-cryptocurrencies-traditional-asset-classes-correlation)
Correlation coefficients
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### Author:  [@kraphael](https://forum.mustachianpost.com/u/kraphael)
#### Post date: [November 30, 2022, 10:03am UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1386 "2022-11-30T10:03:37Z")
Yeahyeah, I know, I know bitcoin is a scam and technical analysis is just astrology, BUT:
Downward tiangle broke to the upside and price didn’t react despite massive negative news. Too early to celebrate but this actually **might** be the bottom
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### Author:  [@Giff](https://forum.mustachianpost.com/u/Giff)
#### Post date: [November 30, 2022, 10:24am UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1387 "2022-11-30T10:24:36Z")
> [@kraphael](#):
>
> Downward tiangle broke to the upside and price didn’t react despite massive negative news. Too early to celebrate but this actually **might** be the bottom
Show us your trades 🙂
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### Author:  [@kraphael](https://forum.mustachianpost.com/u/kraphael)
#### Post date: [November 30, 2022, 10:30am UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1388 "2022-11-30T10:30:28Z")
If it breaks above last big resistance at USD 18600 (inverse head and shoulder) AND LL indicator turns gold that’s a confirmation for me and I’ll pile in.
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### Author:  [@San\_Francisco](https://forum.mustachianpost.com/u/San_Francisco)
#### Post date: [November 30, 2022, 11:46pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1389 "2022-11-30T23:46:32Z")
[Bitcoin’s last stand](https://www.ecb.europa.eu/press/blog/date/2022/html/ecb.blog221130~5301eecd19.en.html)
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### Author:  [@johndoe1](https://forum.mustachianpost.com/u/johndoe1)
#### Post date: [December 1, 2022, 8:07am UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1390 "2022-12-01T08:07:59Z")
BTC on its way to 100k again 😆
The final resistance Houdini-barrier of 17k on its way to Mars has been broken 🤪
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### Author:  [@stojano](https://forum.mustachianpost.com/u/stojano)
#### Post date: [December 1, 2022, 8:00pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1391 "2022-12-01T20:00:23Z")
Imho, BTC will remain sub 20k for another year or two. But anyway a good time for accumulation. Don’t trade, hodl and add (and just that part you can afford to loose). cheers
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### Author:  [@kraphael](https://forum.mustachianpost.com/u/kraphael)
#### Post date: [December 2, 2022, 6:39am UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1392 "2022-12-02T06:39:48Z")
> [@johndoe1](#):
>
> The final resistance Houdini-barrier of 17k on its way to Mars has been broken
No it will probably trade in the range between 18600 and 21400 for a while
> [@stojano](#):
>
> Imho, BTC will remain sub 20k for another year or two. But anyway a good time for accumulation. Don’t trade, hodl and add (and just that part you can afford to loose). cheers
Agreed, the bubble has burst and the speculators have left for the “next big thing”. I also think we will not see any ATH for a long time now
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### Author:  [@baldur](https://forum.mustachianpost.com/u/baldur)
#### Post date: [December 5, 2022, 8:53am UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1393 "2022-12-05T08:53:43Z")
> [@kraphael](#):
>
> the speculators have left for the “next big thing”
Anybody knows what this next big thing may be? 😁
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### Author:  [@Kay4rElle](https://forum.mustachianpost.com/u/Kay4rElle)
#### Post date: [December 5, 2022, 10:03am UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1394 "2022-12-05T10:03:56Z")
Betting on World Cup games…
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### Author:  [@San\_Francisco](https://forum.mustachianpost.com/u/San_Francisco)
#### Post date: [December 5, 2022, 10:44am UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1395 "2022-12-05T10:44:25Z")
> [@baldur](#):
>
> Anybody knows what this next big thing may be?
Inflation.
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### Author:  [@johndoe1](https://forum.mustachianpost.com/u/johndoe1)
#### Post date: [December 5, 2022, 1:33pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1396 "2022-12-05T13:33:07Z")
> [@baldur](#):
>
> Anybody knows what this next big thing may be?
Still hoping for robotics, to relieve me from my household chores 😅 Fancy coins didn’t help me much with that (or anything else, for that matter), did they 😝?
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### Author:  [@kraphael](https://forum.mustachianpost.com/u/kraphael)
#### Post date: [December 5, 2022, 3:36pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1397 "2022-12-05T15:36:43Z")
> [@baldur](#):
>
> Anybody knows what this next big thing may be? 😁
Maybe uranium? silver? Emerging markets (at least India and Brasil)? 🤷♂️
They all have been out of favor for a long time and are moving in the right direction, also they are not too big and could be easely pumped
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### Author:  [@ma0](https://forum.mustachianpost.com/u/ma0)
#### Post date: [December 6, 2022, 10:01am UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1398 "2022-12-06T10:01:32Z")
> [@baldur](#):
>
> Anybody knows what this next big thing may be?
Food. Syntetic food.
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### Author:  [@moa](https://forum.mustachianpost.com/u/moa)
#### Post date: [December 6, 2022, 10:11pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1400 "2022-12-06T22:11:11Z")
> [@baldur](#):
>
> Anybody knows what this next big thing may be? 😁
Mining and metals: it is becoming increasingly necessary while being in short supply.
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### Author:  [@kraphael](https://forum.mustachianpost.com/u/kraphael)
#### Post date: [December 7, 2022, 9:42am UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1401 "2022-12-07T09:42:19Z")
> [@ma0](#):
>
> Syntetic food.
Interesting topic but how to invest in this sector?
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### Author:  [@ma0](https://forum.mustachianpost.com/u/ma0)
#### Post date: [December 7, 2022, 10:05am UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1402 "2022-12-07T10:05:51Z")
> [@kraphael](#):
>
> Interesting topic but how to invest in this sector?
You can work for this company in Switzerland
> **[MIRAI INTERNATIONAL | Cultivated Meat](https://www.miraiint.com/)**
>
> MIRAI INTERNATIONAL (previously MIRAI FOODS) creates the new real meat experience.
> We are on the mission to provide delicious, high-quality cultivated meat at a fair price. Better for the planet, animals, and people's health.
If you google a bit, you can find ETFs, but I’m not sure they are good enough yet. They seem to follow all other generic ETF. I was expecting a different trend.
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### Author:  [@nabalzbhf](https://forum.mustachianpost.com/u/nabalzbhf)
#### Post date: [January 18, 2023, 10:40pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1403 "2023-01-18T22:40:58Z")
I’m impressed by how well some people timed it:
[Peter Thiel’s fund wound down 8-year bitcoin bet before market crash](https://www.ft.com/content/0a1d5597-7145-4035-987b-ff033bba3d75) ([https://archive.ph/zygh6](https://archive.ph/zygh6))
> The San Francisco-based fund made its first investment in bitcoin in early 2014 and went on to invest large sums in crypto. About two-thirds of its overall investment was used to buy bitcoin, said people close to the fund. Founders Fund sold out of the vast majority of its entire cryptocurrency portfolio by the end of March 2022 — before the digital assets market became swept up in a crisis in May last year […]
> […]
> In April 2022, about the same time that Founders Fund sold out of most of its cryptocurrency holdings, Thiel said he was optimistic about the future of bitcoin. He told a cryptocurrency conference in Miami that “we’re at the end of the fiat money regime” and suggested its price — which was then trading at about $44,000 — could increase by a factor of 100.
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### Author:  [@johndoe1](https://forum.mustachianpost.com/u/johndoe1)
#### Post date: [January 19, 2023, 7:53am UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1404 "2023-01-19T07:53:00Z")
> [@nabalzbhf](#):
>
> I’m impressed by how well some people timed it:
Something smells fishy. Maybe it’s the smell of whales rigging the market?
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