Bitcoin, 50k Done - page 3. | Bitcointalksearch.org

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Quote from: Ricardo11 on February 13, 2024, 09:04:27 AM

Finally Bitcoin 50k Done. This is very good news for us. This is very happy news especially for Bitcoin holders. Since bitcoin is at 50k, I think now people who are not bitcoin holders, or who have never invested in bitcoin, are now addicted to bitcoin and those who stopped holding because of fear of falling bitcoin price will now hold long term in bitcoin, because I think, for the price of bitcoin is now 50k, for this has created faith in bitcoin in the minds of those failed holders. And they will definitely hold bitcoin long-term later.

What is your view on this matter?
And please correct me if I am wrong in any way.

Bitcoin price has pumped up to a maximum of 50k dollars. 2023 and 2024 have been record highs, those who invested in early 2023 have been able to reap maximum benefits.
The higher the price of Bitcoin, the higher the profit, the lower the risk of investing in Bitcoin.

Odusko

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I have been expecting to see this kind of topic for a while now since the Bitcoin market made a turn-up over the last few days, and this could have become one of the most speculative times for most Bitcoin investors and analysts, this is because the majority of them did not expect Bitcoin to do the kind of market movement and for sure Bitcoin has surprised many of it, investors in this last few days.
However, this is expected to happen since bitcoins are volatile assets and their holding can take alot of time and many expected occurrences that could lead any gullible investor into making some decisions that can affect the overall outcome of the profit margin for the investors.

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Quote from: Ricardo11 on February 13, 2024, 09:04:27 AM

Finally Bitcoin 50k Done. This is very good news for us. This is very happy news especially for Bitcoin holders. Since bitcoin is at 50k, I think now people who are not bitcoin holders, or who have never invested in bitcoin, are now addicted to bitcoin and those who stopped holding because of fear of falling bitcoin price will now hold long term in bitcoin, because I think, for the price of bitcoin is now 50k, for this has created faith in bitcoin in the minds of those failed holders. And they will definitely hold bitcoin long-term later.

What is your view on this matter?
And please correct me if I am wrong in any way.

Bitcoin 50 thousand dollars is a very happy moment for every user and investor. This time in particular is very exciting for me because I have a lot of success in Bitcoin and Ethereum right now. But I expect the market to go higher as we have halving ahead and after the halving there will definitely be more bull run in the market. Now it's just time for us to wait and of course we will wait and achieve something good. But those who haven't prepared to invest yet or have prepared to invest but have stopped due to market rise I would say go ahead and invest soon the bull run of the market will start. Currently the market growth is not much then when the bull season starts the market will generate maximum ATH.

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Quote from: The Sceptical Chymist on February 13, 2024, 03:53:02 PM

Quote from: philipma1957 on February 13, 2024, 10:58:18 AM

50k is a disaster for miners. In 60 days miners are in a lot of trouble.

By that, do you mean bitcoin's price is too low for miners to continue to mine profitably? I assume it is, since my pea-brained understanding is basically that when they start getting half the rewards they'd need double whatever the price is that keeps them in the black. Yeah, I've been around the bitcoin space for years but never dabbled in mining--but I know you have, so I'm curious about that aspect.

But I guess it could be a hell of a lot worse for them, right? Fact is, bitcoin has been rising for a while now and $50k might just be the first milestone (if you can call it that; bitcoin's already been there) on the way to whatever valuation you consider the moon to be. $100k might take a while, but this time around I'm not even going to think of saying something stupid like it'll take years to get there. I have so much egg on my face I should change my username to OmletteHead.

I think the guess is with this kind of price fluctuations it means one thing, halving is near, since he said 60 days which is the days left to halving. And as we all know the halving is the period where miners are not happy for two reasons; Jen been that the block reward will be halved, also this period of price fluctuations and a potential bull run arriving many people do not make many bitcoin transactions as they stick to holding till they beat the ATH which means less congestion on the mempool and less transaction fee for miners to pile up.

As for the bitcoin price my predictions is that we will be very close to the or could be $100k before or during the first quarter of next year. This year it is still realistic with even the FOMO that the current approved ETFs have caused.

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Quote from: philipma1957 on February 13, 2024, 10:58:18 AM

50k is a disaster for miners. In 60 days miners are in a lot of trouble.

By that, do you mean bitcoin's price is too low for miners to continue to mine profitably? I assume it is, since my pea-brained understanding is basically that when they start getting half the rewards they'd need double whatever the price is that keeps them in the black. Yeah, I've been around the bitcoin space for years but never dabbled in mining--but I know you have, so I'm curious about that aspect.

But I guess it could be a hell of a lot worse for them, right? Fact is, bitcoin has been rising for a while now and $50k might just be the first milestone (if you can call it that; bitcoin's already been there) on the way to whatever valuation you consider the moon to be. $100k might take a while, but this time around I'm not even going to think of saying something stupid like it'll take years to get there. I have so much egg on my face I should change my username to OmletteHead.

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Quote from: Ricardo11 on February 13, 2024, 09:04:27 AM

Finally Bitcoin 50k Done. This is very good news for us.

This alone has gained a lot of tractions in the community as everyone sees such as the talk of the town, for bitcoin to have achieved back its once state of $50,000 over a long while, if this can get peoples attention to that extent, how will it then feels when the market becomes as highly profitable after the halving when bullrun began, we don't know how far this could have taken us to by then, we should be more expectant of better days ahead with bitcoin investment, its adoption will be one of the greatest things that could ever happened to us.

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Quote from: Ricardo11 on February 13, 2024, 09:04:27 AM

Finally Bitcoin 50k Done. This is very good news for us. This is very happy news especially for Bitcoin holders. Since bitcoin is at 50k, I think now people who are not bitcoin holders, or who have never invested in bitcoin, are now addicted to bitcoin and those who stopped holding because of fear of falling bitcoin price will now hold long term in bitcoin, because I think, for the price of bitcoin is now 50k, for this has created faith in bitcoin in the minds of those failed holders. And they will definitely hold bitcoin long-term later.

What is your view on this matter?
And please correct me if I am wrong in any way.

my bitcoin has reached to this point you will see that many people will rush to purchase more Bitcoin and put in their wallet thanking that price of Bitcoin will continue to increase so therefore I believe that bitcoin price always rise to this point, because in last 2 years or 3 years bitcoin price rise to up to sixt nine thousand [69k] and every person who have Bitcoin celebrated the increment of Bitcoin at that particular point but later the price continue to depreciate to the extent that is the Falls to the point it is started to rise now so what I'm saying in Essences that there is everything tendency that bitcoin price may fall at any point in time so the price hitting fifty thousand should not marvel anyone or get anyone astonished because it has happened before and it may fall back when their is lesser adoption in bitcoin and false news of bitcoin comes up.

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Quote from: Ricardo11 on February 13, 2024, 09:04:27 AM

Finally Bitcoin 50k Done. This is very good news for us. This is very happy news especially for Bitcoin holders. Since bitcoin is at 50k, I think now people who are not bitcoin holders, or who have never invested in bitcoin, are now addicted to bitcoin and those who stopped holding because of fear of falling bitcoin price will now hold long term in bitcoin, because I think, for the price of bitcoin is now 50k, for this has created faith in bitcoin in the minds of those failed holders. And they will definitely hold bitcoin long-term later.

What is your view on this matter?
And please correct me if I am wrong in any way.

Recently, Bitcoin has seen a lot of price improvements in the market and one of them is that the Bitcoin price has reached $50K, which is generally not too far from the previous ATH price. And yes, I also think that this achievement is good news for everyone, especially for those who still hold Bitcoin with extraordinary trust, so it will certainly make their hearts quite happy because what they are waiting for is clearly visible before their eyes. However, today I also saw a slight price correction in Bitcoin which probably won't bother the minds of people who believe in Bitcoin because it could only be for a while.

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Halving isn't even here yet so it's very exciting to see the price this high already. When the price went to $30k last year, someone also created a thread about it. He went sad for a bit after it fell to $25k but bounced again. This is a rollercoaster ride, one moment you feel excited and the next day you feel down, and then up again.

When the halving finally is here, I think we are really going to see more than $100k this year. We didn't see it happen in the last bull run but it could go beyond $100k by 2025. There is nowhere else to go but up.

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50k is a disaster for miners. In 60 days miners are in a lot of trouble.

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Quote from: Mia Chloe on February 13, 2024, 09:07:02 AM

A similar topic has been raised yesterday. Kindly lock this thread and continue the discussion here;
50k is exciting

I know they seems to be the same but if you look they posted it in separate board meaning this post can be allowed here, to me here is the right section to create the topic and not the place the thread you referenced on. So In my opinion there is no need to lock this thread although in this speculation section I have seen similar topic created about this same price of 50k BTC but that doesn't mean they won't discussed about the price in any other board, and I think hitting $50k price is a thing of Joy and you can't expect everyone to control their feelings by looking for a particular topic to share their excitement.

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Quote from: Mia Chloe on February 13, 2024, 09:07:02 AM

A similar topic has been raised yesterday. Kindly lock this thread and continue the discussion here;
50k is exciting

Haha, seems like OP ignored your request to lock the thread by applying the Sgima rule #####. Seems like he's so obsessed with Bitcoin and he wants to have a separate conversation on his own thread.

50k done haha yaaa hooo.. LOL what's next 55k done or new ATH done Cool

. (Just Chill).

OP people won't be adopting a good strategy now as you know market is currently pushing prices ho hard, now this will create a FOMO gain, People who are new and now believe in Bitcoin will lose all their faith in a decent correction because they are not much aware of the market phycology. At that time won't have control over their emotion which leads them to make wrong decisions such as selling at a loss, taking an exit by considering that the market is not going back to the last price etcc etc. Also, keep in mind whenever the market gains mature capital it leads mature people to rush in to avail the opportunity, and there they make a big mess.

Mia Chloe

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A similar topic has been raised yesterday. Kindly lock this thread and continue the discussion here;
50k is exciting

Ricardo11

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Finally Bitcoin 50k Done. This is very good news for us. This is very happy news especially for Bitcoin holders. Since bitcoin is at 50k, I think now people who are not bitcoin holders, or who have never invested in bitcoin, are now addicted to bitcoin and those who stopped holding because of fear of falling bitcoin price will now hold long term in bitcoin, because I think, for the price of bitcoin is now 50k, for this has created faith in bitcoin in the minds of those failed holders. And they will definitely hold bitcoin long-term later.

What is your view on this matter?
And please correct me if I am wrong in any way.

Topic: Bitcoin, 50k Done - page 3. (Read 563 times)