ATH

jamesnolans

In my humble option Ada is the move. It’s no where near its previous ATH and has the strongest tech of them all. It looks like Charles is going to be working with the White House, space X and perhaps Musk. If any of these happen, ATH will be easily reached. It’s the 9th largest today by market cap. In the previous bull run it was 3rd.

Accomplished-Order43

Older millennial here and crypto confuses and scares me. Can someone help me understand, in this example, if the guy had held 1,700 BTC until its ATH and got ~$167MM. Where is that $167MM coming from? If those BTC were in a Coinbase wallet for example, do they have the liquidity to complete a 9-figure sell payout? What if 10 people did something similar, who has the funds to pay these sellers out?

TheDankPhptographer

Ah yeah my bad, it’s way off ATH, so it’s rubbish and going to zero, my bad, how silly of me

trucker-123

I remember finding out about Bitcoin in late 2013. I was intrigued by the concept so I bought a little in early 2014. Back then, you couldn't buy BTC directly with a credit card. But you could buy Second Life currency with a credit card, and then exchange that Second Life currency for BTC. Now I don't really care much for Second Life, it was an interesting game, but not for me. I was mainly doing it for the BTC. I got my BTC in the end, but I held onto Second Life currency for a few minutes or so, lol. In any case, there was talk back in 2014 about maybe the NBA accepting BTC as currency, etc. I was like cool, maybe there will be more adoption of it. I bought BTC at around $1K USD, which was the ATH back in 2014. In my most realistic and optimistic scenario, I hoped for a 20x return. The price subsequently dropped to the $300 range and I largely forgot about BTC in the following years, I thought it was another failed investment idea of mine but whatever, I didn't put that much money into it. Fast forward to 2017/2018, BTC reached a new ATH close to 20K. I had his my most optimistic scenario of a 20K return within 4 years. It was crazy, I couldn't believe it. Now it's 100K, which is 100x what I put in. There are ETFs for BTC now by most of the major investment fund companies, and the incoming US president is talking about a BTC reserve. I would have never imagined this back in 2014. My "failed investment idea" turns out to be the best investment I made in my entire life.

ReticentSentiment

Bitcoin is one of few assets whose public "normie" opinion on price is based on its all-time high. Basically, if it hasn't set a new high in the last 48 hours and 3+% lower than the previous ATH, then it's perceived as "down."

emelbard

Maybe. I mined through $16ish in 2023 which was a significant drop from previous ATH

yell0w8

coming days will pump, so the headlines will go "Bitcoin rises to new ATH at Christmas day"...

ErrorcMix

Probably gonna be back to ATH in a month

Viagraonviagra

Exactly my opinion. A change of heart is a sign someone is willing to progress as a person. But this dude failed to make his software company profitable for 20÷ years, already bankrupted a company (too drunk to remember is it this one or another one) was on trial for fraud. We all know how successful the US justice system is in prosecuting the wealthy, so why do people assume he cracked the code at Bitcoin's ATH. It's just a simple momentum play for him, and I think he's hoping they become too big to fail. But he seems to forget the "Mr. Market" doesn't care about retail investors and rarely rewards those who step out of line (not investing in s&p/vanguard/other market ETFs). Bogleheads is a movement based on obedience (no disrespect, free money is free money) but from what I can see even fundamentally sound businesses get shorted to death and murdered on the market, so investing in regular stock that has good value can still badkfire. (congratilations to the folks who were on time in Tesla and Palantir especially those who held ) Reality is at this point major investors move the market and until the bubble bursts, whether its 25 or 27, we're just in the mercy of them. When they decide they have made enough money and It's time to enjoy them we'll be all left with losses until their vacation is over. IMHO, right now MSTR is just abusing a bullish retail market but eventually they will run into a crossroad of a Bitcoil bear days combined with retail sell off, and this will be close to their demise. Nothing is ever for sure, especially crypto, but this is my amateurish assumption and assuming "digital gold" will keep getting pricier instead of getting broken into is risky. Too much time has passed and too much value was added. Going for BTC is now a 7 digit game minimum instead of a 6 digit game and this changes a lot. Crypto brothers love to talk about Bitcoin being the new gold but they forget seemingly that all value has It's chasers, not always with the right motives. If you wanna get into crypto, wait for bear days and then get in. But don't bet on people betting on things. It's a guaranteed failure, especially coming from Saylor, who complektely disregarded the actual business of his company (software). Just follow fundamentals and "Mr Market" will reward you over time. If you follow hype and momentum then you're in for a long and painful game as years go by, especially with MSTR, a company with no real product apart from a highly volatile crypto currency as its cash reserves.

Amphibious333

Don't sell. Your friend is the typical Normie; will buy when it's ATH, then will sell when price drops by 10% because of panic, will never buy again, will forget about BTC and will never leave the Matrix. He probably prefers his savings account APY that doesn't even outpace inflation...

justasalad185

Say what you want, but he has the right idea. Sell and then wait a year after ATH to buy the low. Rinse and repeat.

CMDR_KingErvin

They probably didn’t let’s be honest. They probably took the ~19k at the last ATH or whatever amount they sold at. Still a cool 5 mill though.

just_hodl_btc

I agree. I expect below $90k before we make a new ATH.

Whereas-Informal

MSTR dropped 40% from ATH. BTC dropped 15% from ATH. That’s a nice correction.

xBrodoFraggins

That was within the same cycle. You clearly don't understand the cycles. It does drop from the ATH within the same cycle. 69k is the LAST cycle ATH. It bottomed around 16k. The previous cycle ATH was 19k. What you are suggesting is that THIS cycle it drops over 40% from the PREVIOUS cycle ATH, which has never happened.

xBrodoFraggins

BTC has never dropped over 40% from the previous cycle ATH on the following cycle... so there's no "historical data" backing to your claim. The drawdown might get down to 60k this cycle based on historical data, but I'm thinking 70-80k, maybe.

beagleotis

Our $nerdy ambassador Lamar is taking aim at a new ATH. 

usuallyusualspinach

You’ll do fine. I don’t consider these 5-10% fluctuations off of ATH as much of a dip to buy. DCA isn’t much of a hedge against risk, your cost basis will likely go up as you buy. If we hit a hard bear market and the price goes way down, buy as much as you can.

_Piratical_

His last published purchase was at ATH. It then dumped back down almost 20%. He’s playing a 5-10 year game. At that time scale he’s betting (and not without precedent!) that it’s going to be a lot higher by 10 years down the road.

deliriouz16

December 23rd update Team doxxed 💯 3 days old Launched in a down market Current MC $455k ATH $615k 🎉 Trending up since launch 📈 410 telegram members ✈️ All organic growth from socials! 🌎 Currently listed on Tickertrending.com

watch-nerd

I don't know why you'd buy at that price, anyway. That's only a 15% discount from ATH.

watch-nerd

Look upthread, someone new to crypto bought a token called ATH

watch-nerd

Retail is here. And bought a token called 'ATH'. Top is in! Time to sell, boys.

V1GGY

A tough December when BTC hit a new ATH?

AprilsMostAmazing

more than full 24 hours after trying out crypto, my account is up 6%. Best performer for me is ATH

escodelrio

**Historical Bitcoin prices for today, December 24th:** 2024 - $95,961 2023 - $43,016 2022 - $16,848 2021 - $50,822 2020 - $23,736 2019 - $7,323 2018 - $4,079 2017 - $13,926 2016 - $899 2015 - $455 2014 - $323 2013 - $703 2012 - $13.4 2011 - $3.90 2010 - $0.20 **Additional Stats:** Bitcoin's current market cap is $1.90 trillion. Bitcoin's current block height is 876175; with the average block time for the last 7 days being 9.95 minutes. Bitcoin's current block reward is 3.125₿, which is worth $299,877 per block. The next Bitcoin halving is anticipated to happen between 29-Mar-2028 to 20-Apr-2028 (within 173,825 blocks); the block reward will fall to 1.5625₿. There are currently 20,722 reachable Bitcoin nodes. Bitcoin's average daily hashrate for the last 7 days is 782 exahashes per second. Bitcoin's average daily trading volume for the last 7 days is $75.07 billion. Bitcoin's average daily number of transactions for the last 7 days is 375,634. Bitcoin's average transaction fee for the last 7 days is 11.66 sats/VB, with the average fee's USD amount being $3.50; with the median values being 4.04 sats/VB & $1.21 respectively. There are currently 19.80M ₿ in circulation, leaving 1.20M to be mined. There are currently 2.95M ₿ held by companies, governments, DeFi, and ETFs, representing 14.90% of circulating supply. There are currently 54,609,173 nonzero Bitcoin addresses that contain 188.20M UTXOs. Bitcoin's average daily price from 18-Jul-2010 to 24-Dec-2024 is $13,877. Bitcoin's average daily price for the year 2024 is $65,393. 1 US Dollar ($) currently equals: 1,042 satoshis; making 1 penny equal 10.42 sats. Bitcoin's minimum (closing) price for the year 2024 was $39,507.37 on 22-Jan-2024. Bitcoin's maximum (closing) price for the year 2024 was $106,140.60 on 17-Dec-2024. Bitcoin's minimum (intraday) price for the year 2024 was $38,521.89 on 23-Jan-2024. Bitcoin's maximum (intraday) price for the year 2024 was $108,268.45 on 17-Dec-2024. Bitcoin's largest daily decrease for the year 2024 was -$6,099.06 on 18-Dec-2024. Bitcoin's largest daily increase for the year 2024 was +$8,227.29 on 11-Nov-2024. Bitcoin's all-time high (intraday) was $108,268.45 on 17-Dec-2024. Bitcoin is down 11.37% from the ATH. Bitcoin has closed at an all-time high 24 times in 2024.

sgrinavi

BTC is either going to $1M or zero, I'm betting on the million, but I wouldn't mortgage the house for it. DOGE is a meme coin; it has some legs b/c of the association with Elon - I don't like the unlimited aspect of it - I've been hodling a little thinking it may get to the dollar range this cycle. Will dump. Eth is making me nuts, I don't know what to think anymore, it's expensive to move eth based assets around and the staking rewards are below a HYSA. I don't know how much longer it will grow. My average entry point is around $400, so I continue to hold, but I will be selling some this cycle. XRP is great if you bought in back in the day, but over $2 it's risky. My views on market caps have changed lately, but I still don't see how something with 100B max supply can go as high as some of these "analysts" claim. I sold some at $2.70 to get myself in the green on the trade and will sell some on the way up to a new ATH, after that I'm not convinced it will go much past $5. I will keep a moon bag just in case.

1infinite_half

Thin holiday books combined with bearish sentiment going into Christmas? I smell a new ATH

awebsavvycat

I'm not sure the talk was coming anyway, most people I know still have no idea it's above the previous ATH.  The impression I get is that most still assume that BTC crashed, that there was no recovery, and are shocked when they see the chart as it is today.

FranAn97

New year, new ATH. Do you want to join before it's too late?

EnumaElishGenius

FOMO kick in now. Am I too late to join bitcoin now at bitcoin's ATH?

CrazyAppel

I have never bought or interacted with HEX ever, so I can consider myself NOT to be a "cult" member of his. With that said, there is SO much misinformation here I would like to point out: 1.) his token is not down 99% that's simply a lie. It is down 99% FROM ATH, that's a huge distinction. Most tier 1 coins are also down 99% so this is just an irrelevant point. 2.) His coin being useless is up for debate, yeah it's not as stable as ADA, but it's not as unstable as SOL so this is again a point that is taken HEAVILY out of context. 3.) He was already rich waaaaay before he did anything crypto related, he went to top tier schools and is insanely well educated. He made most of his wealth doing PPC/SEO and he was a multi-millionaire before he even touched crypto. It's much more likely that his charges and reputation is a result of him barking at the wrong tree rather than him being an actual scammer. I know this sounds like a tinfoil hat conspiracy, but if you would just take more than 1 hour of research into his biography, it would make sense. That said, I am just speculating and you guys might be right, but I'm fairly confident in my opinions.

austrian_gamer

New ATH Incoming for the next Year

BlackMetaller

Tulips! Every time BTC is in the news there's always some idiots that trot out the tulips argument. The first time they tried this it was just intellectual laziness. But when they keep doing it every time BTC hits ATH, even though the argument has been thoroughly debunked years ago, it's not laziness anymore. It's gaslighting.

watch-nerd

Remember: You need to inflation-adjust your ATHs. Example: ETH ATH OF $4,878 in 2021 =  $5,744.55 in 2024

True-Whereas6812

Why bitty stuck at $94k and crabbing? Me sad, me want ATH all the time… Wah Wah Wah

srodrigoDev

Lesson learned: don't listen to crypto bros and don't buy at ATH again. Wait for a pullback instead.

LongjumpingFun7238

I’d say do it and when the time comes and BTC goes up past ATH like it always does then you can buy 2 of the same cars if you’d like

Massive-Put4328

Not at all true. I had no intention of selling my bitcoin at $3000 but I needed to buy a new car to get to work. If I sold at the recent ATH it wouldve been hundreds of thousands made off of a $100 initial investment.

takemybomb

This bullrun my boi pump dump, pump harder dump harder, pump even harder until everything crashes and go to bear. To be honest though I expect a scaffed alt season or at least not all coins give good results due to the sheer amount of coins in the market. If we reached a ATH of previous cycle in majority of coins for me will be a success but I doubt that.

Swerve99

against what dude lmao. you think it’s worthless we think it’s worth somthing. in the future it’ll crash and you’ll say i told you so and then it’ll rip back up to new ATH and we’ll say we told you so. either buy it or don’t but stfu, no one cares what you think.

Actually-Yo-Momma

People spamming about 4 year cycles all year but conveniently forget to mention that every 4 year cycle of ATH is followed by a cold cold winter. We shall see lol

MXCste

That’s the kind of people who hold there bitcoins, longterm you believe you will hit a ATH 1mil 😂🤣

partymsl

That may be the only play if we want to get an ATH someday... Become what we are. A shitcoin. /s

Constant-Kick6183

I like Saylor but it always seems like he goes on buying sprees when BTC is in a bull run and near an ATH. I guess that's when investors get excited about it?

Tasigur1

Only when we hit a new ATH 😏

thecryofthecarrotz

Unpopular opinion but since Bitcoin has been moving upward since March, and reached 30k+ above the previous ATH, from a pragmatic perspective I think we could now be seeing the end of Btc surge and a transition to alts starting right about now.

foreveryoungperk

? check back end of 2025 peep all the new ATH lol were still in accumulation phase

BanzaiKen

I am extremely bullish about BTC but even then, BTC dominance is slipping in realtime, alts are pumping. If BTC does not correct and rise, run is over for the Age of BitMan, the Time of FartOrcs is now. Is what it is unfortunately. Not saying BTC won't see a new ATH, they almost always do or it's a macro high, but the big one is now. We will know more when normal markets are in play in the 6th.

ShinAlastor

Interesting but consider the fact that next year many people might sell during the new ATH and so the number of coins left might rise.

LaTunaTime

Were not even 1 year post halving yet. Alts are on track to hit new ATH’s Q1 2025. It would have been tarded to sell.

superradguy

For me, I have no highs or lows, no timing the market. My return is based on exactly what Bitcoin does in the long term. I take advantage of every dip and buy every ATH, I believe in the future of Bitcoin.

Scarecrow4980

I'm going for new ATH

Obvious_Profit1656

What are you talking about? Bitcoin hit ATH 7 months after halving in 2020 and another ATH before halving this year.

No-Doughnut-368

My maths teacher. It was nearing the end of term and classes had started to wind down before Christmas. As a fun activity, my maths teacher wanted to calculate his returns had he invested in Bitcoin back in 2014 when he first discovered the whole ‘internet money’ thing. This was the Christmas of 2017 when Bitcoin hit its first ATH of £11k. Annoyed that he missed the 4000% return that would have granted him retirement from teaching, he suggested a return as great as this could almost never be repeated. He was correct in his calculations and would have been reaped some early gains but man what people would do for an 11k buy right now!

ajdnascar24

I invested at 106 near the ATH of 108, but man I wish I timed it better. In the end, I know time in the market is better than timing the market. I see a lot of red, which psychologically is annoying. I'd rather have it hovering slightly red, black, or slightly green before it rebounds, but it's going to do what it's going to do.

O__jo

I got in at the 95k ATH. 80k aounds like a great opportunity for me 😅

UhOhhh02

People were saying the exact same thing above 100k. “We’re accumulating, there’s no dip coming”. BTC hasn’t retested anywhere from 75k to 85k yet. Look back at the last bull, after every single pump to a new ATH, it always retested previous highs before moving up again. It hasn’t happened yet this time. But the “up only” brigade can’t ever fathom the possibility of corrections

tigercublondon

So I guess even when it’s an ATH like now it’s better to just buy now and HODL rather than wait?

escodelrio

**Historical Bitcoin prices for today, December 23rd:** 2024 - $94,921 2023 - $43,740 2022 - $16,797 2021 - $50,785 2020 - $23,241 2019 - $7,356 2018 - $3,999 2017 - $14,699 2016 - $922 2015 - $442 2014 - $335 2013 - $713 2012 - $13.3 2011 - $4.0 2010 - $0.30 **Additional Stats:** Bitcoin's current market cap is $1.88 trillion. Bitcoin's current block height is 876037; with the average block time for the last 7 days being 9.86 minutes. Bitcoin's current block reward is 3.125₿, which is worth $296,627 per block. The next Bitcoin halving is anticipated to happen between 29-Mar-2028 to 20-Apr-2028 (within 173,963 blocks); the block reward will fall to 1.5625₿. There are currently 20,677 reachable Bitcoin nodes. Bitcoin's average daily hashrate for the last 7 days is 789 exahashes per second. Bitcoin's average daily trading volume for the last 7 days is $78.75 billion. Bitcoin's average daily number of transactions for the last 7 days is 392,787. Bitcoin's average transaction fee for the last 7 days is 11.69 sats/VB, with the average fee's USD amount being $3.45; with the median values being 4.13 sats/VB & $1.21 respectively. There are currently 19.80M ₿ in circulation, leaving 1.20M to be mined. There are currently 2.95M ₿ held by companies, governments, DeFi, and ETFs, representing 14.91% of circulating supply. There are currently 54,611,045 nonzero Bitcoin addresses that contain 188.20M UTXOs. Bitcoin's average daily price from 18-Jul-2010 to 23-Dec-2024 is $13,861. Bitcoin's average daily price for the year 2024 is $65,308. 1 US Dollar ($) currently equals: 1,054 satoshis; making 1 penny equal 10.54 sats. Bitcoin's minimum (closing) price for the year 2024 was $39,507.37 on 22-Jan-2024. Bitcoin's maximum (closing) price for the year 2024 was $106,140.60 on 17-Dec-2024. Bitcoin's minimum (intraday) price for the year 2024 was $38,521.89 on 23-Jan-2024. Bitcoin's maximum (intraday) price for the year 2024 was $108,268.45 on 17-Dec-2024. Bitcoin's largest daily decrease for the year 2024 was -$6,099.06 on 18-Dec-2024. Bitcoin's largest daily increase for the year 2024 was +$8,227.29 on 11-Nov-2024. Bitcoin's all-time high (intraday) was $108,268.45 on 17-Dec-2024. Bitcoin is down 12.33% from the ATH. Bitcoin has closed at an all-time high 24 times in 2024.

freddiemack1

Buying at the ATH

BtcKing1111

The top is usually higher than anyone expects.  Because we: - hit new ATH - sell-off begins, consolidation - hit new slightly higher ATH (+5%) - real big sell-off now, consolidation, people think it's nearing end - lull period (week to 3 weeks) - real big movement up (+25%) - everyone that sold early buys back-in, pushes price up more (+10 to 20%) - final ATH, trap the early exit users and late-retail that bought back-in Basic cat-string theory. When the cat losses interest, string goes wild to get the cat back in the game.

Iphone17promax

> BTC Breaches ATH *BTC *stampedes* ATH*

BoofBass

Literally waiting to offload my post COVID ATH Ada and Eth that I started investing with lol.

DisorientedPanda

Exactly. Also amusing that they pick a very specific date, XRP is down 90% vs BTC from it's ATH in 2017, hell it's even down 78% vs BTC from Sept 2013

just_hodl_btc

I agree. I’d be surprised if we don’t eventually see below $90k before a new ATH.

gt3touringwifhat

By best performing you mean the one that took two cycles to not even get to ATH?

CiaranCarroll

A lot of non-bitcoiners like to feel clever. Bitcoin makes them feel dumb. Quantum computing killing bitcoin makes them feel clever again. These people click on articles that satisfy a desperate emotional need. There is a quantum computing problem but it's relatively straight forward to resolve given the quantity of capital that is required to be preserved. Early wallets won't be exposed for decades. The same tech bros that were too skeptical of bitcoin and didn't get in early love a tech hype cycle, especially one that is gonna "kill bitcoin", and Google gave them a very convenient one just when Bitcoin was at ATH. That's all it is.

Hqjjciy6sJr

Everybody is so sure Eth will break new ATH soon... what if it just consolidates around 3k - 2k for a few years...

_----OoO----_

Me too. Then a new ATH came just 3 years later

RryAce

It's insane how fast we grew, waking up to this chart seeing we broke ATH again 🥹 proud to be a nerd

iamzheone

10% is not a dip!! We're still basically at ATH

noddynikki

Funny how that dip was called a crash….. when it’s still well above the previous bill run’s ATH. For a couple of years I felt stupid for buying more at 30K….. now it’s 3x that during a “crash”. Personally I sold a bit already and am waiting for a proper correction to buy back in below 85K

oprahfinallykickedit

This is the time I stop looking at the charts. Wake me up with a new ATH plz k thx bye

Tarmuyi

We are 10% down from ATH. We could be pushing 110 by the day after tomorrow.

goldyluckinblokchain

*BREAKING NEWS: BTC Breaches ATH and flies straight to $120K during price tsunami caused by u/MichaelAischmann selling a sat*

FunnySynthesis

My favorite part is they talk about it like everyone bought at ATH like I don’t actually care how far it is from ATH Im currently in profit

Grunblau

I like how people talk about ALGO ATH like it was above $2 for more than 90 minutes…

dud3sweet777

I gave you a modest answer. Last time ETH hit it's ATH over 3 years ago BTC was worth almost half of what it's at now. I lost my confidence with ETH sorry buddy.

casiocoin

Personally I would bet that amount on something like HPOS10 and wait for it to get close to SHIB ATH MC levels, then roll it into to ETH on a good dip, but I’m a degen. Otherwise just throw it all into ETH now. SOL may be tempting but it’s an influencer and cabal infested cesspool that will crumble when these top holders cash in on all their meme liquidity.

casiocoin

Simple, it’s because BTC hasn’t hit its ATH this cycle.

True-Whereas6812

I am dumb bro. Agree that Thanks to ETFs, the BTC price broke previous cycle ATH before halving. But then it crabbed for 8 months until the election. Now, it went up 50% after the election, but is back to crabbing in the 90k-105k range - maybe 8 more months?

jwar03

dont forget also to trade on meme on xrpledgers, PHNX (xrp mascot) is growing with 20m MC and LUTHER (Legder's meme) now sitting at 340k MC you wouldnt miss out when it reaches 1m MC...once XRP breaks ATH,not a financial advice,invest what you can afford to loose

ChaoticDad21

Holy shit, bro I can’t imagine being this dumb. We broke ATH before the halving as a result, this is hyper bullish. “Bros, we’re not at 500k yet, did the ETFs do anything?”

ieatvegans

A new ATH will happen, but people still choose to sell at $94k.

hubmash

Hopefully stocks get a santa rally this week so BTC can push back up to ATH again.