The end is near

 

Every time Forbes has published a major story about crypto influencers, the end has been near. 

Now Forbes has published story about Michael Saylor.

He's been quite a prominent figure in the crypto world, especially with his company MicroStrategy's massive Bitcoin investments. The article titled "The Bitcoin Alchemist" highlights how he turned his company into a Bitcoin giant with over 471,000 BTC in its treasury.

As for the trend, it seems like Forbes often publishes stories about crypto influencers around the time when the crypto market is experiencing significant changes, such as the end of a bull cycle. These stories can sometimes be seen as indicators or reflections of the market's state.

Investing in crypto during a bear market can be challenging, but there are strategies to help you navigate this period and potentially come out ahead. Here are some tips:

1. Stay Calm and Avoid Emotional Decisions: Market downturns can trigger fear and panic, leading to impulsive decisions. Stick to your long-term strategy and remember that bear markets are temporary phases.
2. Dollar-Cost Averaging (DCA): Invest a fixed amount regularly, regardless of the market’s condition. This strategy helps mitigate the impact of volatility and lowers the average purchase price over time.
3. Diversify Your Portfolio: Don’t put all your investments into a single cryptocurrency. Diversifying across different assets helps reduce risk and ensures that losses in one coin can be offset by gains in another.
4. Accumulate Blue-Chip Cryptocurrencies: Prioritize established and reputable cryptocurrencies like Bitcoin and Ethereum. These assets tend to recover faster and hold their value better than smaller, less-known altcoins.
5. Buy the Dip: Take advantage of lower prices by buying digital assets at a discount. This long-term investment strategy can pay off when the market recovers.
6. Use Stop-Loss Orders: Protect your portfolio by setting stop-loss orders to automatically sell assets when prices fall below a set level. This minimizes losses and preserves capital.
7. Review and Adjust Your Portfolio: Regularly review your portfolio to identify weak spots and make adjustments to minimize losses. This practice is essential in both bullish and bearish conditions.
8. Consider Short-Selling: If you're experienced and comfortable with higher risk, short-selling can be a strategy to profit from falling prices. However, it's important to remember that this is a risky strategy and should be approached with caution.

Remember, only invest what you can afford to lose, and always stay informed about market trends and news. Do you have any specific cryptocurrencies in mind that you're considering investing in?

When will BTC hit $200,000

Predicting the exact timeline for Bitcoin (BTC) to hit $200,000 is challenging due to the volatile nature of the cryptocurrency market. However, based on historical trends and current predictions, some analysts believe that BTC could reach $200,000 by late 2025 or early 2026.

Several factors could influence this timeline:

Bitcoin Halving: Historically, Bitcoin halvings have led to significant price increases due to the reduced supply of new Bitcoins.

Institutional Adoption: Increased interest and investment from institutional investors could drive up demand and prices.

Regulatory Clarity: Clearer regulations and government support for cryptocurrencies could boost market confidence and prices.

Market Sentiment: Positive market sentiment and broader acceptance of Bitcoin as a legitimate asset could also contribute to its growth.

While these factors are promising, it's important to remember that cryptocurrency markets are highly unpredictable. It's always a good idea to stay informed and cautious when investing.

Cryptocurrency predictions for 2025

Cryptocurrency predictions for 2025 are quite exciting and varied! Here are some key trends and predictions:

Bitcoin's Growth: Bitcoin is expected to reach new heights, with some predictions suggesting it could hit $200,000. Factors like the Bitcoin halving in 2024 and increased institutional demand through exchange-traded funds (ETFs) are driving this optimism.

Altcoin Season: 2025 is anticipated to be the biggest altcoin season in crypto history. After Bitcoin's rally, capital is expected to flow into smaller cryptocurrencies, potentially leading to significant price surges for altcoins.

Ethereum's Expansion: Ethereum is projected to trade between $2,670 and $5,990, with a potential to reach $6,660 if bullish momentum continues. Advancements in Ethereum 2.0 and increased adoption of decentralized finance (DeFi) are key drivers.

Stablecoin Growth: The use of stablecoins is expected to expand, providing more stability and utility in the crypto market.

Emerging Cryptocurrencies: Some specific cryptocurrencies like Solana, Dogecoin, and Shiba Inu are predicted to see substantial growth. Solana might reach $800, Dogecoin could hit $1, and Shiba Inu might climb to $0.01.

AI and Blockchain Integration: The intersection of artificial intelligence (AI) and blockchain technology is expected to take center stage, with projects like Ozak AI leveraging this integration for real-time insights and transactions.

These predictions are speculative and subject to market conditions, regulatory changes, and technological advancements. It's always a good idea to stay informed and cautious when investing in cryptocurrencies.

New All Time High for BTC

Bitcoin's recent all-time high (ATH) of $104,698 on December 5, 2024, was driven by several key factors. The introduction of spot Bitcoin ETFs in the United States played a significant role, as these funds required continuous accumulation of actual BTC to meet demand, creating relentless buy pressure1. Major financial institutions like BlackRock, Fidelity, Grayscale, and Ark Invest launched their own spot Bitcoin funds, making it easier for institutional investors to gain exposure to BTC. This regulatory approval brought much-needed respectability back to the crypto markets, especially after the 2022 custodial collapses.

Additionally, the US election results and positive market sentiment around a potential Republican victory boosted investor confidence. Institutional inflows reached $2.2 billion in the week leading up to the ATH, with political optimism playing a major role. Analysts remain optimistic about Bitcoin's future, with predictions of it potentially reaching $200,000 by the end of 2025. This new ATH marks a significant milestone for Bitcoin, reinforcing its position as the leading cryptocurrency by market capitalization.

Bitcoin's all-time high (ATH) often has a significant impact on other cryptocurrencies, commonly referred to as "altcoins." When Bitcoin performs well, it tends to create a positive market sentiment that can spill over into the altcoin market. This phenomenon is known as the "Bitcoin effect," where the rise in Bitcoin's value often leads to increased interest and investment in altcoins.

Investors who see substantial gains in Bitcoin may decide to diversify their portfolios by investing in altcoins, hoping to achieve even higher returns. This can lead to what is known as "altseason," where altcoins outperform Bitcoin for a period1. However, it's important to note that not all altcoins benefit equally; those with strong fundamentals and active development teams tend to perform better, while others may lag behind.

Making money while wasting energy

 So, I got solar panels installed on my house's roof a while ago and since we do have power exchange, sometimes price of the energy is negative, which means if I produce more than I consume electricity I am paying for the energy that is fed to the grid. 

Most of the time I can just run my water heater at that time or charge my many power tool batteries, but some days the price of electricity is a whole day negative and sun is still shining and you just can heat up water so much, that there still is left over energy.

So, I did use my many computers back in the days for sharing my idling internet connection and made some money out of it, due those computers being laptops which doesn't consume that much electricity that it made it worth it, but using those laptops now would be kind of points less since they don't consume that much electricity. Although my main computer which is 2013 Mac Pro and I still have my old 2010 Mac Pro, do consume quite much energy when working hard. 

Early 2000 I started to use SETI@home and I run it a quite long time, couple of years at least. Then I started BOINC a few years later when it kind of replaced SETI@home. Now, those are non profit, where you share your computing power, when you don't use your computer.

Cryptomining would have been on my mind, as I did when BTC was new and worthless... Yeah, If I could go back in time and tell one thing to younger me, it would be that keep mining and don't sell until the price is over $50,000. But now days it ain't worth the time if you don't have special equipment for mining crypto and that consumes away too much of energy, which isn't the point.

I just need to consume that extra electricity that I produce on my roof, that I can't consume.

I'll be checking in for sites that pay for sharing my idling computing power.

Future of cryptocurrency

 The future of cryptocurrency is a topic that has been widely debated, and there are several perspectives on what lies ahead. Let’s explore some key insights from various sources:

Market Evolution and Institutional Involvement:

Market Growth: Despite the challenges faced in 2022, cryptocurrencies have become an integral part of the modern economic toolkit. More than $2 trillion in largely speculative market value evaporated during that year1.

Institutional Interest: Economic analysts predict that institutional money will continue to flow into the crypto market. As more established institutions embrace blockchain technology, it could lead to increased credibility and adoption2.

Nasdaq Listing: There’s speculation that cryptocurrencies might be floated on the Nasdaq, which would further legitimize blockchain as an alternative to conventional currencies2.

Regulation and Clarity:

Global Regulatory Framework: Over the next five years, we may see the establishment of a regulatory framework for cryptocurrencies, providing clarity for investors and users. This could help address concerns related to security, compliance, and environmental impact3.

Balancing Innovation and Regulation: Striking the right balance between innovation and regulation will be crucial. Responsible regulation can foster trust and confidence in the crypto industry.

Technology and Use Cases:

Blockchain Integration: The underlying technology of cryptography and blockchain is generalizable to all industries. Experimentation continues in financial services and other sectors, with mature financial institutions increasingly embracing Web3 technologies1.

Always-On Internet Finance: Just as the dot-com bubble burst in the early 2000s, leading to the rise of more durable internet companies, we might witness a similar transition in crypto technology and blockchain infrastructure. Responsible, always-on internet finance could replace the era of crypto speculation1.

Challenges Ahead:

Security and Environmental Impact: The industry must remain vigilant in addressing challenges related to security and environmental sustainability.

Trust and Confidence: Sustaining trust and confidence among diverse users will be essential for the long-term success of cryptocurrencies4.

In summary, while the crypto landscape faces uncertainties, it’s clear that cryptography and blockchains will continue to play a significant role in our economic future. Responsible adoption, regulatory clarity, and technological advancements will shape the path forward.

Future of Bitcoin

The future of Bitcoin is a topic of much speculation and debate. While it’s challenging to predict with certainty, here are some thoughts about what might happen in the next decade:

Bitcoin’s Popularity with Speculators: Bitcoin, the cryptocurrency, is likely to remain popular with speculators over the next decade. Its price volatility and potential for significant gains continue to attract investors who view it as a speculative asset1.

Blockchain Development: Beyond price and popularity, the most critical factor for Bitcoin’s future lies in blockchain development. Issues related to decentralization, scalability, and security are holding Bitcoin back from broader adoption. Developers are actively working to find solutions, but progress has been slow. For Bitcoin to gain traction beyond speculation, these concerns must be addressed.

Decentralization: Decentralization is a key aspect of Bitcoin. Originally designed to be controlled by the public and away from centralized entities, more and more bitcoins are now being purchased by businesses and large entities. These entities treat Bitcoin as a speculative investment and store of value, gradually increasing their holdings. The challenge lies in maintaining true decentralization while accommodating institutional interest.

Scalability: Bitcoin’s rapid market value growth led to large-scale mining operations, making it difficult for individual participants. These mining farms now control a significant portion of the network’s processing power. Scalability solutions are crucial to ensure widespread participation and prevent centralization1.

Security: Ensuring the security of the Bitcoin network is essential. As the value of Bitcoin grows, so does the incentive for attackers. Continued efforts to enhance security protocols are necessary to protect against threats1.

Halvings: Bitcoin halvings, which reduce the block reward for miners, historically influence price increases. The next halving is expected around 2024. Observing its impact on the market will be crucial1.

In summary, while Bitcoin’s price and popularity remain important, the focus should be on addressing technical challenges to enable broader adoption and secure its future as more than just a speculative investment1. Keep in mind that opinions vary, and the actual outcome may surprise us all! 🚀🌟

Bitcoin halving 2024

The next Bitcoin halving occured April 20, 2024. During a halving event, the reward given to miners for verifying transactions on the Bitcoin network is reduced by half. Let’s delve into the details:

Current Block Reward: 6.25 BTC

Targeted Halving Block: 840,000

Current Price: $63,958.70

Here’s a brief history of Bitcoin halvings:

First Halving (November 28, 2012): The block reward dropped from 50 BTC to 25 BTC.

Second Halving (July 9, 2016): The reward reduced to 12.5 BTC.

Third Halving (May 11, 2020): The reward further decreased to 6.25 BTC.

The upcoming halving will see the block rewards drop to 3.125 BTC1. This process continues until the total number of bitcoins in circulation reaches the maximum limit of 21 million, which is predicted to happen around the year 2140.

Remember, the halving is determined by comparing the current block height and the block height for the halving. It occurs after every 210,000 blocks, roughly every four years. The countdown to the next halving is based on this block height and the average time to produce each block1. Exciting times lie ahead for Bitcoin enthusiasts!

Next BTC ATH

The next anticipated all-time high (ATH) for Bitcoin (BTC) is a topic of great interest among crypto enthusiasts. Let’s explore when we might expect it based on historical patterns and upcoming events:

Bitcoin Halving:

The Bitcoin halving event occurs approximately every four years. During a halving, the block reward for miners is reduced by half. This scarcity tends to drive up demand and, historically, has led to price increases.

The most recent halving took place on May 11, 2020, reducing the block reward from 12.5 BTC to 6.25 BTC per block.

The next halving is expected around April 2024, when the reward will further decrease to 3.125 BTC per block.

Historical ATHs:

Bitcoin has experienced several ATHs in the past. Notably:

In November 2021, it touched $69,000 on Coinbase, setting a record high.

Recently, Bitcoin surged to a new ATH of $73,750.05 on CoinMarketCap.

Market Sentiment and Adoption:

Market sentiment, institutional adoption, and macroeconomic factors play a significant role in Bitcoin’s price movements.

Keep an eye on news related to regulatory developments, institutional investments, and technological advancements.

In summary, while we can’t predict the exact date of the next ATH, the upcoming halving and overall market dynamics suggest that Bitcoin’s price could continue to rise. Remember that investing in cryptocurrencies carries risks, so always do your research and consider your own risk tolerance. 🚀🌟

Cryptocurrency is rising and

 ...falling again?

Well, only future will tell if the bull run, on this time has ended or not. I had few crypto coins on Skrill, and I sold one of them and made a decent amount of profit. Okay, I haven't invested in Crypto since last payment from Timebucks, in last September?

Anyway, I had invested around 172€ in EOS and took out 220€, so nice little profit 27%.

I still hold 5499 XLM with 755€ invested, which gives us average purchase price of 0,13737€

BTC hit a new all time high (ATH) this week after breaking above the $69,000 mark on Tuesday morning, setting a new high of $69,324. Before this week, the last time BTC set a record-setting price was November 2021.

Not gonna lie that I thought about investing 1000€ last summer when the price has been just below $25000. 

I would now have almost 3000€. But at the time I wasn't expecting BTC to hit this high any time soon. Okay, last time I invested in BTC was 2020. 

Cryptomarket is booming?

Is it? Well, depends on what you compare it. For few last months it has been on a downhill slide, but for a past month is has picked up some steam.

At least huge leap for BTC again, since it has been hovering around that 15k€ mark for quite a while now. So basically if you had bought a month ago one BTC and sold it today, you've made 5k€ profit. 

Okay, nobody can predict what is going to happen to cryptomarket and when. Nobody. Seriously. No one.

If they claim so, then they are scamming you.

As I have told that I mostly invest my Timebucks earning in to cryptomarket and since I sold almost everything last summer and got something out of it, my current portfolio is, still at lost. Although this trend that is now going might get me to the positive side again.

I've invested in XLM:

Which is heavily in negative, as my average buying price is 0,143843€ and the current rate is 0,08xxx

And in EOS:

This has actually been on positive side a few times, but there weren't enough on positive side cover all the fees that I have paid while buying it. And even getting a 50% gain is still in tens of Euros, so not a worth to cash in. Cash out. 

Well, take the money and run. 

Cryptocurrency is volatile

A few days ago I wrote about cryptocurrency and it might make a comeback. Now I did sell my almost all of my cryptocurrency just about the right time.

ETC which I had 67 coins, I sold just shy of 40€ per coin and I made over 2660€, and I had invested 2035€.

Now most of that is extra money that I had and I was willing to lose it on this gamble. For now it paid me 540€ winning after all the fees included. 26% gain. Not bad for few months worth investing time period.

I still have some invested in XLM, which has been affected as much this "hiccup" that we have seen this time.

I initially invested back in the October last year, just around that second coming. And it has been downhill slope ever since. As you can see my average buying price is around 0.15€, so to break even I need the XLM rise above 0.15€, since I need to cover the fees too.

And comparing the same month to ETC, not a huge gains to be seen. 

So, what makes these tick? Something, somewhere says something about buying a huge amount of some crypto and everybody watched closely to trends on the histogram. Suddenly some crypto starts to climb and everyone is FOMO-mode and buying frenzy starts and prices hicks up. 

As there is no "central government" to regulate anything, it's a wild ride. 

Don't invest any money that you aren't willing to lose.

Cryptocurrency is making a comeback?

 I have talked about investing my rewards, that I get from Timebucks, in crypto currency earlier and it has been a steep decline since height of the boom 2021.

As I have said, and everyone that has sane thoughts about investing in crypto is that don't invest money that you can't lose. 

Okay, this is just one day and my portfolio went from 1850€ to 2110€. Volatility is very high and since the last boom was over a year ago and there was a small bull run in April and I invested my own money, that I was willing to lose. I have bought a small amount every time I get cash out from Timebucks and luckily I have made steady buy in when the prices have been quite low. 

This is one of the cryptos that I have heavily invested as you can see. Compared to Bitcoin, this has more potential in my opinion.

As you can see around April and now there is more gain to be have than the all mighty Bitcoin. And Bitcoin cost so much that you can't invest small amount money, because fees takes too much. 

How about memecoins? Aka shittycoins, let's take a look at the legendary Dogecoin:

Yes, the price is ridiculously low and buying for 1000€ you shit load of coins and if, that is very big, ever goes past four digits, you are filthy rich. But I wouldn't hold my breath. 

Now, some say that this isn't a speculative commodity but a currency. But when the currency isn't tied to anything, the price can fluctuate wildly. Secondly, where are the stores now days that accept crypto as payment?

Oh, by the way, on Thursday it's this months fourth payment from Timebucks!

And I've made $55.47!