Bitcoin prospects | Bitcointalksearch.org

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Quote from: mamesso on May 11, 2024, 07:56:37 AM

Quote from: ahmadeed on February 28, 2024, 05:02:10 AM

-snip-

As long as there is the law of supply and demand, there is no limit to Bitcoin's rise. You can buy any time at the price you want then wait a few years, you will see the magic.

There is no upside limit for an uncontrolled asset like bitcoin - but failure to break through a certain price could result in trend changes and such. The price of bitcoin will rise due to increasing demand - this is caused by many factors, even FOMO can be one of the reasons why demand for bitcoin can increase.

Buying bitcoin now is certainly quite wise investment advice – but still take into account the respective risks. No one can guarantee what Bitcoin's future will be - risks are always present and should be considered before investing. There is no magic - markets work because of supply and demand.

Freeesta

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Bitcoin is a fairly stable coin with its own advantages and disadvantages. If you want to preserve your assets above all else, then there is nothing safer than storing your tokens in Bitcoin. The price for it changes slightly, and accordingly the risk of loss of profit is less. Well, if you have trading experience, then you need to look for a promising project that is interested in promoting its coin. If you have calculated everything correctly and thought through everything carefully, you will definitely make money from it!

RockBell

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Quote from: Volimack on May 11, 2024, 07:16:13 AM

Bitcoin potential is very good and bitcoin will definitely become the best crypto as no other currency can easily make their position like bitcoin. Thinking about the future, people are choosing bitcoin as a savings and even if the economy suffers due to war bitcoin will have no effect. Bitcoin Has High Potential All investors are optimistic that bitcoin will reach higher heights.

Bitcoin have proven it self in value for a very long time now. And bitcoin will not be the best because it is already the best. And will remain the king and if you are very observant you will notice that bitcoin controls the market, bitcoin is recognized globally and have dominated the market and i don't see any coin Taking bitcoins place. And saving your money in bitcoin is a good one because as the price of bitcoin is increasing so is your money increasing.

But if the market is coming down the same thing will happen to your money. So it is now left for the person to decide wether he or she will save their money in bitcoin. And in conclusion another good thing is that bitcoin will always have good demand and supply.

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Quote from: ahmadeed on February 28, 2024, 05:02:10 AM

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?

Since Bitcoin is not centralized, which means it is not managed by the government or any private company, that means that I can not and no body can tell you the limit that Bitcoin can rise to. So many people are even predicting that Bitcoin will rise above $500, 000 in the future and that is not going to be the limit which it will reach. If there is any possibility that makes Bitcoin to reach $500, 000 that means it will surely reach $1, 000,000 someday in the future. Bitcoin rise is not usually consistent because Bitcoin is a volatile asset. Since Bitcoin is a volatile asset, if you think you can take profit anytime you want, it is not possible.

mamesso

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Quote from: ahmadeed on February 28, 2024, 05:02:10 AM

What are the limits of Bitcoin’s rise...

As long as there is the law of supply and demand, there is no limit to Bitcoin's rise. You can buy any time at the price you want then wait a few years, you will see the magic.

Quote from: ahmadeed on February 28, 2024, 05:02:10 AM

and is it a strong and consistent rise...

Bitcoin price journey is far from smooth, Bitcoin has experienced many price increases and decreases throughout its history. The continued increase in Bitcoin adoption has made the upward trend even wider after successfully strengthening its position in the mainstream market.
Never worry if Bitcoin price is on a downward trend as this is basically the beginning of signs of a sharp increase, as has been repeatedly shown in past price movements.

legendbtc

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Quote from: btc78 on May 11, 2024, 05:53:09 AM

Will bitcoin be still the best crypto out there?

What makes you start to suspect bitcoin isn't the best currency out there? Nothing in this world is so perfect that it has no drawbacks, including gold, real estate and bitcoin are no exceptions. Just because bitcoin is slow, has high fees, and is facing many challenges from governments, that doesn't stop bitcoin from continuing to be the best crypto we have. Let's not look too much at the disadvantages or negative aspects and forget the advantages and benefits it brings.

To me, as long as bitcoin remains the only decentralized asset, retaining properties like peer-to-peer, privacy, it will remain the best coin we have. Also, I don't deny that maybe in the future a better coin than bitcoin will be created but I don't think it will happen anytime soon this century.

Volimack

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Bitcoin potential is very good and bitcoin will definitely become the best crypto as no other currency can easily make their position like bitcoin. Thinking about the future, people are choosing bitcoin as a savings and even if the economy suffers due to war bitcoin will have no effect. Bitcoin Has High Potential All investors are optimistic that bitcoin will reach higher heights.

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Quote from: shinratensei_ on April 05, 2024, 07:49:56 AM

thats why even accumulating however smallest amount of bitcoin still matter because it might still have the potential of rallying as high as $1 million which also mean ten times of initial capital.

That’s very hopeful. We have not even reached $100k.

There are still so many hardships that bitcoin would have to face. The government, its scalability issue, and many more we have not yet encountered but will encounter soon enough maybe. Assuming bitcoin battles against these hardships in what year would that be achieved? And how many people are still waiting and demanding bitcoin? Will bitcoin be still the best crypto out there?

peter0425

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Quote from: Zanab247 on April 04, 2024, 10:55:15 AM

the bull season and the bear season will never be in the same season together

Obviously, you are not going to see them in one season together because they are two completely different seasons.

Do you see summer and winter happening in one place both at the same time? No one comes and one goes. With seasons, both climatic and bitcoin, there would be some rarity that happens once in a while.

in a bull season, there would be some decline but the overall trend would be upwards and the same goes for bear season.

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Quote from: ahmadeed on February 28, 2024, 05:02:10 AM

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?

The limit of Bitcoin's rise can't be predicted as a result of it's volatile nature.Today the price of Bitcoin might be $65k and tomorrow it falls down to $54k that's to say the price can't be predicted.And also bitcoin is centered on the principle of 'Supply and Demand',the principle of supply and demand states that when the supply outweigh the demand the price decreases but when the demand outweigh the supply the price increases,so also is bitcoin when the demand outweigh the supply the price of Bitcoin is increased and its value is appreciated.In addition I'll say the prominent results of Bitcoin's all time high is the adoption rate grow and it's value is maintained.

shinratensei_

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Quote from: ahmadeed on February 28, 2024, 05:02:10 AM

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?

considering total supply is limited while investor of bitcoin is growing every day the potential of bitcoin is pretty boundless and limitless it could go as high as million dollar a bitcoin and thats not being hyperbolic.
just wait until halving occurred and mining rewards decreased in half, the scarcity increase as well as the demand since ETF is a such a huge success and then bitcoin price gonna rise massively.

I think that is exactly how the scenario gonna be playing out, the current price pullback seems just like accumulation zone for whales to buy more bitcoin, it seems like whales are also gathering stablecoin probably to make the final biggest pump that might make the price of bitcoin rise beyond $100k. that in my opinion is already good enough and show that bitcoin potential is there, it could be life changing investment for many.
thats why even accumulating however smallest amount of bitcoin still matter because it might still have the potential of rallying as high as $1 million which also mean ten times of initial capital.

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This is a very big Misconception in trading that someone can predict for me whether this coin will rise or fall. Yes people make guesses according to their calculations and market research.Sometimes it comes true and sometimes not.Never completely rely on someone always have a safety factor in your mind.

Bear run and bull run are something government cannot stop not to exist in the crypto market because, there will be bear season where those that have the money to buy coins and hodl for bull season to come and, there will be bull season that will make you to earn huge amount of money from your hodling.

Quote

As far as Bitcoin is concerned it all depends upon the investors.As we all know Bitcoin is a powerful coin with a strong base ,good usability and ability to return profits on investments.The more investors will invest money in it the more it'll rise. Sometimes due to the crisis investors pull their money out and it falls so it's more dependent on that amount of investments it will have.

Buyers and sellers are the only people who can control the price of BTC either to rise higher or to reduce low to a particular stage that will make the buyers and sellers to know the season at the moment because, the bull season and the bear season will never be in the same season together and it will be very difficult for people to see such things in the crypto market.

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Quote from: oktana on March 27, 2024, 06:28:14 PM

Quote from: ahmadeed on February 28, 2024, 05:02:10 AM

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?

No one knows the limit, no one knows how high it would go. We all speculate based on market conditions. The rise has proven to be a consistent one so far. In fact I am having a feel that we would be breaking the $73k ATH already, though there seems to be blockage at $70k, but let’s see how long that will last. As for the implications, one of them will be FOMO; many people have been triggered to jump in.

Currently all that has to be done is that we just have to continue to be in bitcoin until we are able to know how strong bitcoin is and where the limit is because looking at the current conditions and seeing from bitcoin that is always developing it seems that indeed in this case the statement must be reversed because it is not where the bitcoin limit is but where our limit can be in bitcoin considering the current situation and the development of bitcoin which will still continue until the next century before bitcoin runs out then indeed we must realize that the situation becomes different because of how our limit is to be in bitcoin and that will be the right answer for us today.

Finding out the limit of bitcoin will clearly not be possible because after all for now the price increase is still ongoing and indeed we must know that we are only speculating on bitcoin because for the problem of limits we will not be able to determine from the start.
The hope is certain that bitcoin has a very high limit but that will not be known if we are not in bitcoin and enjoy our time here.

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Quote from: oktana on March 27, 2024, 06:28:14 PM

Quote from: ahmadeed on February 28, 2024, 05:02:10 AM

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?

No one knows the limit, no one knows how high it would go. We all speculate based on market conditions. The rise has proven to be a consistent one so far. In fact I am having a feel that we would be breaking the $73k ATH already, though there seems to be blockage at $70k, but let’s see how long that will last. As for the implications, one of them will be FOMO; many people have been triggered to jump in.

The mist important thing is for us to keep holding Bitcoin because no matter how hard we speculate it, we might not be able ro know tye actuak value it is going to reach after a certain period of time. The crypto market keeps growing faster and we all have to join the process so that we don't end up losing out from making fantastic profits. The crypto market is always doing wonders especially in the bull market. Let's keep anticipating for a bigger bull because this market is going to bring more to investors that enter the market earlier.

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Quote from: ahmadeed on February 28, 2024, 05:02:10 AM

What are the limits of Bitcoin’s rise...

There are lots of limits to Bitcoin's rise. You know Bitcoin is one of the oldest and most popular cryptocurrencies, its popularity is high as it is the most secure. And for the crypto-curious, it’s where you might first consider dipping your toes into cryptocurrency investing. If anyone wants to invest in Bitcoin then he must be aware of those limitations. You know till now Bitcoins have not been widely accepted, so you must find out where you will sell your coin. You know Bitcoin valuation fluctuates, so you must have to understand how the market works otherwise short heartbreak will occur if you see your investment cut in half within a minute, lol. there is no buyer protection, if anything wrong happens with you then you will not find any authorities to submit your complaints. there is no valuation guarantee, and built in deflation these all are the main limits of Bitcoin's rise.

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Quote from: ahmadeed on February 28, 2024, 05:02:10 AM

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?

No one knows the limit, no one knows how high it would go. We all speculate based on market conditions. The rise has proven to be a consistent one so far. In fact I am having a feel that we would be breaking the $73k ATH already, though there seems to be blockage at $70k, but let’s see how long that will last. As for the implications, one of them will be FOMO; many people have been triggered to jump in.

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Quote from: ahmadeed on February 28, 2024, 05:02:10 AM

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?

Bitcoin's rise has no limits, and no one can predict where it will end because it is infinite in nature. Bitcoin's rise since inception has demonstrated that it is now a consistent and stable rise over the years, as evidenced by the price increase from that time to the present. Bitcoin has few implications because it is only intended to be used for payment and transaction exchange, similar to the fiat currency we use. Using it as a store of value is only one of the secondary benefits that people are interested in leveraging. Its decentralised nature has earned it the much-needed respect for its development and wide spread use.

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Quote from: Negotiation on March 23, 2024, 04:55:18 AM

Bitcoin will be the only currency in the world in the future it can be said without a doubt that because of the growth in bitcoin and the acceptance that bitcoin has gained among the people of the world it is expected that bitcoin will be established as the only virtual currency in the world. Although bitcoin has not yet gained recognition from many countries every country will educate in the future.

As you said, there are still many countries that have not recognized bitcoin. Of course, this is the main problem that must be addressed in order to achieve what you say.
Although I myself do not close my eyes that bitcoin will indeed be able to do that. it will become a virtual currency which is recognized and can be trusted because there is very little loss due to the nature of bitcoin.
With continued education, it is hoped that more countries will be willing to recognize it first, so that the next steps will be easier.

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The current rise in Bitcoin's price is undeniably exciting. The possibility of a new all-time high captures the imagination of many investors, including yourself. Imagine Bitcoin breaking previous records and generating significant media buzz.

The observation about the role of hype in driving demand is insightful. Increased media attention and social media discussions can fuel buying sprees, pushing prices upwards. Imagine a scenario where FOMO (fear of missing out) drives investment decisions rather than fundamental analysis.

The concern about a potential correction after a significant price increase is a valid one. Large-scale selling by major investors, also known as whales, can trigger price drops. Imagine a situation where a sudden shift in investor sentiment leads to a price dip, even if temporary.

Negotiation

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Bitcoin will be the only currency in the world in the future it can be said without a doubt that because of the growth in bitcoin and the acceptance that bitcoin has gained among the people of the world it is expected that bitcoin will be established as the only virtual currency in the world. Although bitcoin has not yet gained recognition from many countries every country will educate in the future.

Topic: Bitcoin prospects (Read 1007 times)