Bitcoin hits $40k - page 4. | Bitcointalksearch.org

Sithara007

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Quote from: TravelMug on January 15, 2021, 08:08:12 PM

Of course, a lot has change then, even bitcoin's narrative has shifted as well, and again, it could still be a speculative asset, and now its becoming a leverage for big companies to hedge as reserve assets. That's why it can quickly bounce back from temporary dips unlike a few years ago, when that happen, investors are afraid to go in and think bitcoin is dead.

Talking about the huge gap between supply and demand, https://www.coindesk.com/crypto-buyers-face-possible-limitations-on-etoro-this-weekend

Yeah.. I checked the article about eToro. A number of local exchanges are facing liquidity issues. Even here in India, the markup for purchasing Bitcoin through various P2P platforms have risen from 2% to more than 20% ever since the current rally started. Larger exchanges are still maintaining the liquidity. But in the smaller exchanges, there is a huge gap between demand and supply.

TravelMug

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Quote from: Sithara007 on January 14, 2021, 10:50:20 PM

Quote from: TravelMug on January 14, 2021, 08:00:18 PM

Lol, sometimes bitcoin takes a break as well, and that is what we've seen in the last 7 days or so. Took a breather around $33k and then move forward to $40k again. So there's no $50k or $60k celebration at least. We need to wait till the end of the month and see how it goes.

And I would say that let the market takes it normal course, we don't need some artificial price action. Don't you worry, we might going to celebrate later, so hold on.

I am an investor with more than 7 years of experience in Bitcoin (having made my first investment in 2014). What I would say is that the temporary dips that you see nowadays are quite different from what we had during the earlier days. Now even if the exchange rates dip by 20% or 25%, they recover back to the previous levels in a few days. A few years back, that was not the case. The prices would remain suppressed for many months. This is the reason why I believe that there is a huge gap between demand and supply out there in the market.

Of course, a lot has change then, even bitcoin's narrative has shifted as well, and again, it could still be a speculative asset, and now its becoming a leverage for big companies to hedge as reserve assets. That's why it can quickly bounce back from temporary dips unlike a few years ago, when that happen, investors are afraid to go in and think bitcoin is dead.

Talking about the huge gap between supply and demand, https://www.coindesk.com/crypto-buyers-face-possible-limitations-on-etoro-this-weekend

Daltonik

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Bitcoin price will rise to $115,000 by August 2021, Dan Morehead CEO of cryptocurrency hedge fund Pantera Capital, confirmed his forecast. Reported by Blockworks

Rayaankhan

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The price of Bitcoin was a hit of 40k thousand dollars. But last week, the price of Bitcoin fell again. The current price of Bitcoin is 38058$. I think Bitcoin will break the previous record and set a new record again and that will be within this week. The price of Bitcoin will go from 40k to 45k thousand dollars in a few days. If the price of Bitcoin hits 45000 dollars, then it is very good for all holders and investors.

Sithara007

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Quote from: TravelMug on January 14, 2021, 08:00:18 PM

Lol, sometimes bitcoin takes a break as well, and that is what we've seen in the last 7 days or so. Took a breather around $33k and then move forward to $40k again. So there's no $50k or $60k celebration at least. We need to wait till the end of the month and see how it goes.

And I would say that let the market takes it normal course, we don't need some artificial price action. Don't you worry, we might going to celebrate later, so hold on.

I am an investor with more than 7 years of experience in Bitcoin (having made my first investment in 2014). What I would say is that the temporary dips that you see nowadays are quite different from what we had during the earlier days. Now even if the exchange rates dip by 20% or 25%, they recover back to the previous levels in a few days. A few years back, that was not the case. The prices would remain suppressed for many months. This is the reason why I believe that there is a huge gap between demand and supply out there in the market.

TravelMug

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Quote from: minersday on January 14, 2021, 04:41:11 PM

Quote from: AbernathyFray on January 07, 2021, 05:06:35 PM

Friday PM - $50k
Saturday - Celebrate
Sunday - Celebrate
Monday AM $60k

Very funny. If that was the situation in the Bitcoin market, Bitcoin value would have been around 1 million dollars. You should try to understand the bitcoin market before speculating about the market value of Bitcoin. You might lose money if you keep having such assumptions in mind. Following speculations made by people will make you bleed heavily..

Lol, sometimes bitcoin takes a break as well, and that is what we've seen in the last 7 days or so. Took a breather around $33k and then move forward to $40k again. So there's no $50k or $60k celebration at least. We need to wait till the end of the month and see how it goes.

And I would say that let the market takes it normal course, we don't need some artificial price action. Don't you worry, we might going to celebrate later, so hold on.

finaleshot2016

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Quote from: Zanab247 on January 14, 2021, 02:32:27 PM

The way bitcoin price is rising in the market, is a sign that this year 2021 will be the best year for all bitcoin users. The price of bitcoin move from $27k to $40k from the beginning of this year which many customers are very happy with their trading in the exchange market.
According to researcher, this is just the beginning for the price of bitcoin, by next two month the price of bitcoin will hit $50k to show, this year will be good for all bitcoin families all over the world.

Who is this researchers? If you will just rely to other people then it will be more difficult when it comes to trading. The better action on this is to rely on your ownself, to have experience and understand the mechanics very well. Maybe those researchers you are talking about is just novice in trading, your moneu will be on the risk.

thaRiddla

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Quote from: minersday on January 14, 2021, 04:41:11 PM

Quote from: AbernathyFray on January 07, 2021, 05:06:35 PM

Friday PM - $50k
Saturday - Celebrate
Sunday - Celebrate
Monday AM $60k

Very funny. If that was the situation in the Bitcoin market, Bitcoin value would have been around 1 million dollars. You should try to understand the bitcoin market before speculating about the market value of Bitcoin. You might lose money if you keep having such assumptions in mind. Following speculations made by people will make you bleed heavily..

Atleast we can dream about it...

minersday

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Quote from: AbernathyFray on January 07, 2021, 05:06:35 PM

Friday PM - $50k
Saturday - Celebrate
Sunday - Celebrate
Monday AM $60k

Very funny. If that was the situation in the Bitcoin market, Bitcoin value would have been around 1 million dollars. You should try to understand the bitcoin market before speculating about the market value of Bitcoin. You might lose money if you keep having such assumptions in mind. Following speculations made by people will make you bleed heavily..

Fredomago

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Quote from: AmoreJaz on January 14, 2021, 03:58:04 PM

Quote from: Zanab247 on January 14, 2021, 02:32:27 PM

The way bitcoin price is rising in the market, is a sign that this year 2021 will be the best year for all bitcoin users. The price of bitcoin move from $27k to $40k from the beginning of this year which many customers are very happy with their trading in the exchange market.
According to researcher, this is just the beginning for the price of bitcoin, by next two month the price of bitcoin will hit $50k to show, this year will be good for all bitcoin families all over the world.

don't rely too much about these researchers. but good to know about their positive perception towards bitcoin. this year is indeed a good one. first time to hit the mark of 40k and we are just starting the year. there's sudden drop, which, is inevitable by all means, but look at what we are heading now, we are approaching the $40k again. $50k is possible but you need to be alert on what's gonna happen here. up and down movement will always be there. so if you want to take advantage of the market, scalping may be of your advantage here

You need to keep your guard up and not just to rely with those research, your own understanding will keep you in shape as Bitcoin is really providing the benfitis for those who are actively investing to this asset.

There's always chances to break this $40k and pump more to break or to reach $50K we are still in the first month of the year and once this upward movements gain more support, it simply go more higher.

Keep your eyes open and sets your target, not too greedy but wise enough to cut your way to a profitable investment.

AmoreJaz

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Quote from: Zanab247 on January 14, 2021, 02:32:27 PM

The way bitcoin price is rising in the market, is a sign that this year 2021 will be the best year for all bitcoin users. The price of bitcoin move from $27k to $40k from the beginning of this year which many customers are very happy with their trading in the exchange market.
According to researcher, this is just the beginning for the price of bitcoin, by next two month the price of bitcoin will hit $50k to show, this year will be good for all bitcoin families all over the world.

don't rely too much about these researchers. but good to know about their positive perception towards bitcoin. this year is indeed a good one. first time to hit the mark of 40k and we are just starting the year. there's sudden drop, which, is inevitable by all means, but look at what we are heading now, we are approaching the $40k again. $50k is possible but you need to be alert on what's gonna happen here. up and down movement will always be there. so if you want to take advantage of the market, scalping may be of your advantage here

Zanab247

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The way bitcoin price is rising in the market, is a sign that this year 2021 will be the best year for all bitcoin users. The price of bitcoin move from $27k to $40k from the beginning of this year which many customers are very happy with their trading in the exchange market.
According to researcher, this is just the beginning for the price of bitcoin, by next two month the price of bitcoin will hit $50k to show, this year will be good for all bitcoin families all over the world.

thaRiddla

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It went up to $40K again today, but having trouble to stay.

lepbagong

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Quote from: Tamim121 on January 13, 2021, 11:44:13 AM

Quote from: thaRiddla on January 13, 2021, 11:13:05 AM

And no we're back at 34.5K

Now bitcoin price is $34,500. Though now price is lower than 40k$ but i think as soon as possible it will hit 40k again. No one can believe that in this present time this can happen that bitcoin can reach 40k. But bitcoin prove that it would be a king and will be a king of Crypto currency. Bitcoin is one of the most potential and best coin. I hope that it will be cross 50k in the meantime of June.

in fact we also need to be happy that bitcoin, which usually corrects at the beginning of the year, has done well because it did not follow the rhythm that was carried out when 2018 continued to fall, it continued to fall but stopped at a fairly stable price and soon could bounce back.
this indicates that bitcoin is now in a stable state, and will probably increase after the altcoin starts moving up.
certainly Q1 bitcoin will start moving up again, we are waiting for that.

maybe our colleague's prediction about bitcoin reaching $ 50K can happen it will be faster than your prediction, we will look forward to it.

m2017

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Quote from: DougM on January 13, 2021, 07:25:37 PM

Quote from: Tamim121 on January 13, 2021, 11:44:13 AM

Quote from: thaRiddla on January 13, 2021, 11:13:05 AM

And no we're back at 34.5K

Now bitcoin price is $34,500. Though now price is lower than 40k$ but i think as soon as possible it will hit 40k again. No one can believe that in this present time this can happen that bitcoin can reach 40k. But bitcoin prove that it would be a king and will be a king of Crypto currency. Bitcoin is one of the most potential and best coin. I hope that it will be cross 50k in the meantime of June.

and now back to $37,750 today. Quite the roller coaster BTC is Cool

When do you think the price will hit $50k and what will be the correction? What are the predictions?

DougM

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Quote from: Tamim121 on January 13, 2021, 11:44:13 AM

Quote from: thaRiddla on January 13, 2021, 11:13:05 AM

And no we're back at 34.5K

Now bitcoin price is $34,500. Though now price is lower than 40k$ but i think as soon as possible it will hit 40k again. No one can believe that in this present time this can happen that bitcoin can reach 40k. But bitcoin prove that it would be a king and will be a king of Crypto currency. Bitcoin is one of the most potential and best coin. I hope that it will be cross 50k in the meantime of June.

and now back to $37,750 today. Quite the roller coaster BTC is Cool

Tamim121

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Quote from: thaRiddla on January 13, 2021, 11:13:05 AM

And no we're back at 34.5K

Now bitcoin price is $34,500. Though now price is lower than 40k$ but i think as soon as possible it will hit 40k again. No one can believe that in this present time this can happen that bitcoin can reach 40k. But bitcoin prove that it would be a king and will be a king of Crypto currency. Bitcoin is one of the most potential and best coin. I hope that it will be cross 50k in the meantime of June.

thaRiddla

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And no we're back at 34.5K

South Park

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Quote from: manfredmann on January 09, 2021, 09:41:37 AM

This is one of the greatest achievement that happen in bitcoins. Yeah, this is the first time that bitcoin reaches 40K$ per btc. One true legendary digital currency is bitcoin and has already beat up the other strong currency (fiat in accordance to its market). I think no one had expected this but bitcoin beat it because bitcoin is global digital currency.

Without a doubt it was a great achievement and we did not seemed to realize how big it was as now bitcoin is having problems reaching that level again, we will have to see what happens from now on, I believe reaching that price is just a matter of time but with bitcoin you never know, it seems individual investors were the main reason the price went that high and institutional investors have not invested at all lately thinking the price is too high and without their support the rally cannot go for long.

kulboi123

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Oh watch it hit 60k by febuary

Topic: Bitcoin hits $40k - page 4. (Read 1503 times)