Topic: Bitcoin always fight back - page 4. (Read 583 times)

Yeah I think that's true because the halving period comes with Alot of big news and we can definitely see more people been drawn to Bitcoin during this period. Newcomers will definitely have become acceptive of the big news because different news is what they are going to be constantly seeing and that includes both negative and positive but people will drawn to more positive because the halving is actually when the market gets prepared to boom.

Yeah, Bitcoin has experienced several significant downturns in price, but yet it still survived, even to the extent that some people on this forum and outside the forum were singing Bitcoin obituaries and believing that Bitcoin would die, but it sailed through the storms that it was faced with. Bitcoin will continue to win, in my opinion, and with the lot of attacks that Bitcoin is facing from both the government and hackers, I don't think there is any coin that could beat Bitcoin. Last year, some people even thought that the Bitcoin price would drop to $8k, while others thought it would go below $15k, but they were disappointed.

Wwhile many, including government workers, are indeed investing in Bitcoin, can they really ensure its unending growth? History has shown that entities with vested interests often throw wrenches in the works, intentionally or not.

You've observed the sentiment among government and SEC officials. Yes, they appear keen on expedited ETF approvals. But, dont let this paint an overly rosy picture for you. We need to remember the power and unpredictability of these institutions. While we do not trust any government and their fiat currency anymore, the world is still within their clutches.

The words and actions of these entities often diverge. The rapid embrace of Bitcoin might indeed be a ploy to capitalize it in their favor. Many people, including you and me, wish to buy more at a low, but will that chance come again? We are in a sea of uncertainty, and the tides can turn any time

The fundamental aspect of Bitcoin is based on the principle of security. Because Bitcoin is fully backed by a blockchain security system that uses volunteers as well as a high hash rate to provide a secure ecosystem, the Bitcoin network also uses cryptography to authenticate transactions. This system helps reverse transactions and provides extra strong security for Bitcoin transactions.

But all this prosperity is limited to the transaction. On the other hand, you cannot be safe from thieves and hackers until you keep your assets in a safe place, i.e., a hardware wallet. If you keep your assets in insecure places like exchanges, etc., then you are not safe because, apart from hackers, today's exchanges are also not completely safe; many exchanges have stolen millions of dollars worth of people. So Bitcoin is of open source origin; it provides security only when you put effort into being secure from your side.

You are right, right now my concern is that the current price is the last chance for retailers to collect more Bitcoin. Given the increasingly aggressive adoption, large institutions are starting to enter, both those that are publicly known and those that have long invested secretly, Blackrock, the financial giant, also continues to lobby the SEC to immediately approve its proposal. I am sure we will not be able to find the current Bitcoin price again in the future, for example in the next 5 years and so on. The future fate of retailers will be increasingly difficult to get more sats.

Not before but this time, they're starting to see the light on it when we've been into bull runs. They know how the cycle goes and this is going to be the precedent that they're about to get into by approving the ETfs.

Before they do that, everyone's been doing that already in the forum. But they see that model as something that they can earn for and that's why these ETFs are going to be approved soon. Or they'll timing that with the halving so that the impact and pressure to the market is going to be higher than ever.

Another way of saying people are trying to make an excuse for bitcoin, after all the information that has come out in different cycles we are finally seeing the adoption of bitcoin by more people. There is a lot to experience in this field and hopefully newcomers are alert enough to choose things. I believe that bitcoin will become more and more accepted with bigger news, probably quite close to the halving time.

Every time in Bitcoin's history its price has risen, then fallen again, and then rebounded from that position. When the Bitcoin market bottomed out, many people lost hope, but Bitcoin has once again saved people's hopes from that position. Bitcoin is not only a store of value but also offers a lot of security to a user. We regret Bitcoin's past rise to the high position we now observe. The way bitcoin price was discouraged where most people regretted that bitcoin might not come back but we believe that bitcoin always comes back with higher prices again and again. It is certainly true that the bitcoins we invest will be gifted to our heirs. So investing bitcoin for our future and it will act as wealth for our future generation and it will give maximum value in future.

Bitcoin investors who complain when the price of bitcoin drops to $15k, I'm sure those investors don't fully understand bitcoin. Because in fact, in my personal opinion, the decline in Bitcoin prices that occurred at that time was a very good opportunity to make a purchase or investment. But strangely, some bitcoin investors even complained about the price decline at that time. However, when the price of bitcoin increased, quite a lot of investors flocked to buy it. In fact, it would be more profitable if they bought bitcoin when the price was falling.

So in essence, bitcoin investors who complain when the price of bitcoin is experiencing a deep decline, it can be said that these investors are less confident about the potential that bitcoin has. And maybe they even forgot the history of bitcoin and forgot the analytical knowledge they had about bitcoin.

I believe that too. Bitcoin will definitely remain strong, although in the future there may be a handful of people or certain individuals who may try to bring Bitcoin down in any way. But I also have a strong belief that Bitcoin will indeed be difficult to destroy. So saving or investing in bitcoin now for our future or for our children may be a very bright idea. Because if you look at developments over time, we have now entered an era of extraordinary sophistication. So if Bitcoin in the future becomes more expensive and used by more people, I wouldn't be surprised by that. Because it can be said that the use of bitcoin is very suitable for the era we are living in now and for the future.

You understand the value of Bitcoin, that's why you aren't able to panic, normally every beginners will panic when price dumps, they always want to see their Bitcoin grow in value, I honestly wish that Bitcoin should create new low so that I can use some more money to buy, bit I am not sure anymore, I think too many people have now understand how Bitcoin works, so there won't be painful dumps like before and every dumps won't last long and many people are already waiting to take the advantage.

Everything that Bitcoin has been through with the SEC and the government where all planned, every government workers are into Bitcoin and crypto investment, they want to see it flourish and at the same time they want to take the biggest advantage of crypto and Bitcoin.

The last hearing about the SEC chairman shows how those in the house are interested in seeing ETFs approval getting approve faster, it shows in them, and believe me, they will be able to collateralize Bitcoin by lending, using the ETFs against the real Bitcoin, this is bigger than many people know.

We can never know for sure if this is for real, bitcoin hasn't been in existence when the significant economic crisis has happened and no significant wars that devastated economies has happened while bitcoin has been in circulation, unless we see any of that ever happen, that's when we will be sure that bitcoin is crisis proof as many people say. But for now, we can all just hope for it that it's not just a theory. Regarding it's growth and security though, in an economy like this bitcoin is definitely the better investment for any plebs that aren't in the big leagues.

The investor should not be in the habit of regretting the investment, because an investor knows what he is buying and believes why he will do it. Just like with Bitcoin, what is the reason why so many people are attracted to investing in it? First, its network is really secure because it is decentralized and also because of the blockchain technology it has.

And you shouldn't have doubts when you invest in it; you should have 100% trust and belief in it because it's your asset, and that's normal. It's abnormal if you invest in it and then you have doubts about it; in short, it's called stupidity. It seems that Bitcoin is simply proven and tested and has stood the test of time.

What do you mean by the future of money here? Will Bitcoin become a replacement for the USD?

It makes more sense as a store of value rather than a currency. We know that its limited supply will make Bitcoin a rare asset and highly appealing for speculation. It's common knowledge that Bitcoin exists with the aim of replacing the centralized financial system, but is that even possible?

Bitcoin has its supporters, and the USD has its supporters too. As long as the USD remains more mature, the idea of replacing it with any currency seems improbable. This is closely tied to the sovereignty and power of institutions associated with the USD.


It's not a bad idea to consider Bitcoin as a legacy, but personally, I prefer to utilize the majority of my BTC while I still have control over it.

It is because no matter what happens in the world, bitcoin will always have some use to some people and for that reason , there will always be some demand for bitcoin. That means bitcoin will always have a price support. That support was around $15k (probably higher now) and that support level will keep going higher because the adoption of btc is getting better and better every day. In this context it is almost impossible to lose money if you hold btc long enough and if you buy btc from these support levels you will generate great returns.

I agree with your opinion. When it comes to currency, perhaps CBDC will be a replacement. But if the problem is investment and store of value, Bitcoin is a perfect fit. The value of Bitcoin is getting higher and may surpass the price of gold. This is due to the uniqueness and scarcity of Bitcoin.

If the Russian and Ukraine wars affected Bitcoin in price, I don't think up till now Bitcoin would have increased to this extent, so this is to say the war doesn't consigns Bitcoin at all, it was when the best exchange called the FTX crashed, that was when Bitcoin dropped to $15k and some people were scared to invest because of the incident.

If I were those people who lost hope for Bitcoin, I would have used that good opportunity to buy more and hold. Although people must have fear when their investment is going the other way round, as long as it is called an investment, even the price dropping wouldn't have given you any fear, because it is a normal thing in investment.

The important thing is that, no matter how Bitcoin reduces, Bitcoin will still increase and when Bitcoin reduces, Bitcoin gives another chance to those that are not yet investors to take part in the investment, but it is for them to either take a bold step to invest or to still be scared and procrastinate.

This is because Bitcoin is here to stay. The invention of Bitcoin was not a random event that happened by chance, but rather was the result of deep thinking by a genius personality to solve the problems of the global monetary system.

Bitcoin has many unique characteristics that make it withstand the war directed against it for a long time. The SEC was the fiercest enemy of Bitcoin, but yesterday Gary Gensler admitted his defeat before Congress and bowed before Bitcoin.

The length of the battle is not important, but the final result is important, and I clearly see that Bitcoin will emerge victorious from this war, as it did every time.

A currency's potential and strength are tested in difficult times. Bitcoin is an asset as well as a currency. Bitcoin has survived the worst economic conditions thus far, and if we look at the past trends, it is clear that Bitcoin bounced back stronger after a price dip. After this prolonged bear market, people are losing hope, but I think the worst is over, and now we will be going to the moon in a year or so.
Invest in Bitcoin for the long term and have your much-needed financial freedom after a few years.

I have heard from experiences that Bitcoin will shine very brightly whenever the price goes down, and it has reached a better position than the previous one. And the price will increase in a way that we may not have imagined It is not right to do anything by blindly believing only one should have proper knowledge and a lot of experience in trading or anything else or little knowledge will be dangerous.Although many countries and institutions have banned this currency, its progress has not stopped.Security is very important to Bitcoin as this currency is supposed to be secure and has up to now confirmed this idea.Prices have been falling since 2022, but I think it is oversupplied because of the front Maybe that's why halving is happening and everything is quiet before the big change It is wise to save for the future by looking at the past days of this system rather than judging the future by looking at the current market value as this digital currency will rule the days ahead.According to many, the value of this currency has decreased due to the war in Russia, so I think it is baseless because it did not happen only with Russia, but with the whole world.In conclusion, since Bitcoin is always struggling and will continue to struggle, it is wise to save for the future. The belief that there was in the past, now there will be in the future, and there will be in the near future will be created very soon.

I agree.


I don't think it's exactly the future of money, as we already have plenty of alternatives for it, and more than we will have, with the shitcoins that are being created all the time, plus CBDCs. Money as an exchange mechanism is something that people don't want to save and instead it is worth saving bitcoin, so I think bitcoin in the future will be like at the present but with much more value, as the best store of value in the world.