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Topic: Bitcoin hits $40k - page 5. (Read 1454 times)

hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
January 09, 2021, 06:43:53 PM
#85
almost every day the price goes up and showing with a good sign of hope and totally it can be a good harvest for all consumers particularly investors who have made a lot of savings, moreover, it is a good opportunity for those who bought BTC such as where the current price is low which is now, clearly that it will increase much more than $40k, So it's good resistance for this year 2021 if you have a plan for a new business it is also good to sell.
The 2021 year entry is an amazing year for crypto. Because I think that most of us are thinking that drops have to show this year after hitting a new ATH for BTC, but it has to see that goes into a strong market position. And those risk buyers who bought Bitcoin around $20k plus, they are still in a sweet harvest. I couldn't imagine if we all are able to hold until today, it is more than doubling our investment.
full member
Activity: 173
Merit: 120
January 09, 2021, 06:11:47 PM
#84
people are rumoring that BTC will go to 100k or 300k, very logical but I think it will possible after a decent pullback.

If you pay a little more attention you will see that already we had around 10% pullbacks several times, and a bigger one may come later but no one knows when. I don't suspect any big correction before we go to 60K zone. After that when once we get around 60k to 100k I think it could get very volatile.
  Interesting related article:
Bitcoin Could Soon Hit $70,000, And That Has Nothing To Do With Currencies by Dan Runkevicius
https://www.forbes.com/sites/danrunkevicius/2021/01/07/bitcoin-could-soon-hit-70000-and-that-has-nothing-do-with-currencies
Quote
...
Bitcoin doesn’t compete with currencies. It competes with “insurance” against paper money

From an investment and ideological standpoint, Bitcoin is actually more like a commodity. More precisely, one of the most expensive and “useless” commodities in the world—gold. Unlike other commodities like oil, gold has limited use. For example, ~3,000 tons of gold were dug up and sold last year. And of that amount, just 35% went into electronics and jewelry. The rest was melted into bars and coins and stowed away. Gold is not a medium of exchange either. You can’t walk into Pizza Hut, drop a sliver of gold on the counter, and get a slice of pizza. At most, you’ll get some strange looks.
...
If just 20% of private gold holdings moved to Bitcoin, the crypto would double or more

Quote
So the questions you should be asking yourself are these

Will investors buy Bitcoin as a legit store of value so early on? And will they move a meaningful chunk of their “gold insurance” to Bitcoin? I’m convinced these are the questions that will drive Bitcoin’s price for now.
full member
Activity: 1190
Merit: 123
★Bitvest.io★ Play Plinko or Invest!
January 09, 2021, 05:59:03 PM
#83
Yes everyone who is holding BTC for a very long term must be very excited, they feel like a long wait that ends in profits, and I congratulate you as the bitcoin price hits $ 40k and I hope it continues to increase.
Every bitcoin long term holder would be so happy right now seeing their portfolio grow, I also hope bitcoin keeps increasing next stop is $50k  Grin.
At first, everyone thought bitcoin would hit 30k by the end of January. Then everyone started to say that the price of 40k will be at the end of January. Further, they said that 40k would be at the end of this week. Bitcoin hit its record price yesterday. I already like 2021! Grin  Well, now we're waiting for 50k.  Cool
Seems like bitcoin isn't following anyone predictions, it just keeps breaking new highs almost every day, even after reaching the $40k height it still made another new ATH which is $42k, the $50k mark looks achievable right now, and we might get there before month ending.
newbie
Activity: 4
Merit: 0
January 09, 2021, 05:39:24 PM
#82
Bitcoin yükselişte ve gün geçtikçe daha çok yükselişe geçecek. Bitcoini herkes yavaş yavaş daha çok biliyor . Bilmeyenler ve tam olarak inanmayanlar da geçtiğimiz ve gelecek günler için daha çok meraklanarak araştırıyorlar . Bitcoin hızlı bir şekilde yükselişe geçtiği için herkes şaşkınlıkla beklerken daha çok kazandırmayı ve daha çok kazanmaya hedeflerken bilmeyenler ise daha çok araştırmalara giriyor  Smiley
sr. member
Activity: 1638
Merit: 255
January 09, 2021, 05:31:42 PM
#81
With $40k, Bitcoin has already lifted the total value of the entire cryptocurrency market above $1 trillion for the first time. For its wild volatility,
bitcoin increasingly shows its existence as an investment commodity. The  price  of bitcoin  jumped  sharply,  previously  $35,000  then  broke
through $37,700 and now it’s $40k so bitcoin has already scored the highest price  in history.  Bitcoin’s recent rally differed from the late 2017
bubble in which Bitcoin briefly approached $20,000, then 2018 dipped to $3,122.

newbie
Activity: 11
Merit: 0
January 09, 2021, 04:47:05 PM
#80
people are rumoring that BTC will go to 100k or 300k, very logical but I think it will possible after a decent pullback.

If you pay a little more attention you will see that already we had around 10% pullbacks several times, and a bigger one may come later but no one knows when. I don't suspect any big correction before we go to 60K zone. After that when once we get around 60k to 100k I think it could get very volatile.
Hi I’m new to the forum so looking for some advice please. What is the best approach with selling a Casascius Bitcoin? I am informed redeeming isn’t advised as more can be gained from auction? What are the best places to seek further advice on selling, auctioning? Sorry for so many questions,  just new to this. Sorry if I am also in the wrong area of the forum to ask advice, if you could redirect me that would be appreciated!

Thanks 🙏
hero member
Activity: 1498
Merit: 702
January 09, 2021, 04:41:21 PM
#79
The bitcoin ATH has been positive for all both Bitcoiners and the crypto market. Those projects that have not been able to develop their product have been left behind.

I look with hope that Bitcoin is such a powerful currency and that it can meet all the odds. The best part is that it is allowing the other coins to show the work for which they were created.

A new Bitcoin ATH is worth celebrating because it is backed by a community that prefers Bitcoin to the moon.
The white paper of Bitcoin is worth celebrating, the value Bitcoin brought to me and bitcoiners is worth celebrating, satoshi nakamoto is worth celebrating because his idea today has mature into all this excitement, I did not wait for Bitcoin to reach a new ATM before celebrating it, I started celebrating it when I got excited about it and if the year 2021 ends in opposite as it started I will still celebrate Bitcoin.
member
Activity: 1358
Merit: 81
January 09, 2021, 04:33:38 PM
#78
The bitcoin ATH has been positive for all both Bitcoiners and the crypto market. Those projects that have not been able to develop their product have been left behind.

I look with hope that Bitcoin is such a powerful currency and that it can meet all the odds. The best part is that it is allowing the other coins to show the work for which they were created.

A new Bitcoin ATH is worth celebrating because it is backed by a community that prefers Bitcoin to the moon.

Quote
#Bitcoin is a masterpiece of monetary engineering.

https://twitter.com/michael_saylor/status/1347892820221321216?s=19
❤️
newbie
Activity: 11
Merit: 0
January 09, 2021, 04:27:22 PM
#77
people are rumoring that BTC will go to 100k or 300k, very logical but I think it will possible after a decent pullback.

If you pay a little more attention you will see that already we had around 10% pullbacks several times, and a bigger one may come later but no one knows when. I don't suspect any big correction before we go to 60K zone. After that when once we get around 60k to 100k I think it could get very volatile.
Hi I’m new to the forum so looking for some advice please. What is the best approach with selling a Casascius Bitcoin? I am informed redeeming isn’t advised as more can be gained from auction? What are the best places to seek further advice on selling, auctioning? Sorry for so many questions,  just new to this. Sorry if I am also in the wrong area of the forum to ask advice, if you could redirect me that would be appreciated!

Thanks 🙏
legendary
Activity: 2758
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
January 09, 2021, 04:15:02 PM
#76
people are rumoring that BTC will go to 100k or 300k, very logical but I think it will possible after a decent pullback.

If you pay a little more attention you will see that already we had around 10% pullbacks several times, and a bigger one may come later but no one knows when. I don't suspect any big correction before we go to 60K zone. After that when once we get around 60k to 100k I think it could get very volatile.
sr. member
Activity: 1638
Merit: 425
Cashback 15%
January 09, 2021, 04:12:46 PM
#75
Happy to see a new ATH of BTCBTCBTC
The dominance is such a beauty to be-hold  Tongue

The rise of new ATH up to 40k$ is surely a good thing and a big achievement to bitcoin and compared to the past year crypto and bitcoin are more popular and adapted in a lot of countries.

It seems like the price we're seeing back in 2017 got doubled and now surely many BTC holders including me are showing rejoice on these times.
Hopefully the same would apply to the world as well as we have pretty rough last year.
50k soon? We'll never know. It might be double, the price bouncing around the room right now actually.

We could easily assume that the market price of bitcoin is going to increase in the coming years just because of the solid demand in the market and limited supply of it.

Next year, for sure the market price is circulating around 40k$-100k$ or might even be earlier this 2021 just like what we have seemed at the end of 2020 surpassing and achieving a new ATH easily.
why
member
Activity: 73
Merit: 10
why! do ur own job.
January 09, 2021, 03:50:37 PM
#74
people are rumoring that BTC will go to 100k or 300k, very logical but I think it will possible after a decent pullback.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
January 09, 2021, 03:39:23 PM
#73
It seems like the price we're seeing back in 2017 got doubled and now surely many BTC holders including me are showing rejoice on these times.
Hopefully the same would apply to the world as well as we have pretty rough last year.
50k soon? We'll never know. It might be double, the price bouncing around the room right now actually.

The recent developments in bitcoin market is really awesome! Who would have thought that we will hit 40k this early of the year? We need to be pro-active on what may happen next. So prepare your portfolio and decide what needs to be done with your coins. We are always living in unpredictable times so you should have plans on how to optimize your opportunities.
newbie
Activity: 11
Merit: 0
January 09, 2021, 03:32:56 PM
#72
As it stands currently, there is a high chance of BTC hitting magical 50k by the end of month. If everything goes by the play, it'll cross 100k mark at least once by december 2021.

Assuming the Federal Reserve keeps interest rates at zero for a few more years, virtual currencies, especially bitcoin, will continue to gain new fans. JP Morgan has set a bold long-term price target for the Bitcoin. They claim that this popular cryptocurrency could rise to as much as $146,000 because it competes with gold as an "alternative" currency.


newbie
Activity: 11
Merit: 0
January 09, 2021, 03:26:36 PM
#71
Wow BTC 40,404 all time high.I hope btc touch 43,000
Hi I’m new to the forum so looking for some advice please. What is the best approach with selling a Casascius Bitcoin? I am informed redeeming isn’t advised as more can be gained from auction? What are the best places to seek further advice on selling, auctioning? Sorry for so many questions,  just new to this. Sorry if I am also in the wrong area of the forum to ask advice, if you could redirect me that would be appreciated!

Thanks 🙏
legendary
Activity: 1526
Merit: 1359
January 09, 2021, 02:33:25 PM
#70
As it stands currently, there is a high chance of BTC hitting magical 50k by the end of month. If everything goes by the play, it'll cross 100k mark at least once by december 2021.

Assuming the Federal Reserve keeps interest rates at zero for a few more years, virtual currencies, especially bitcoin, will continue to gain new fans. JP Morgan has set a bold long-term price target for the Bitcoin. They claim that this popular cryptocurrency could rise to as much as $146,000 because it competes with gold as an "alternative" currency.

jr. member
Activity: 82
Merit: 2
January 09, 2021, 02:32:01 PM
#69
As it stands currently, there is a high chance of BTC hitting magical 50k by the end of month. If everything goes by the play, it'll cross 100k mark at least once by december 2021.
newbie
Activity: 34
Merit: 0
January 09, 2021, 02:14:44 PM
#68
bitcoin price december 2021?
newbie
Activity: 1120
Merit: 0
January 09, 2021, 02:07:48 PM
#67
It's going to now 50k$...thats good..
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
January 09, 2021, 01:43:05 PM
#66
Happy to see a new ATH of BTCBTCBTC
The dominance is such a beauty to be-hold  Tongue
Prices stay afloat and new ATH can go crazy again.

You don't have any bigger assets right now to hold and some of the deposits already in BTC can still be generated, hopefully the price will move up to 50k, the pandemic is not glancing here and there which must be consistent with bitcoin at its establishment.

I still don't think that if I bought during the first wave of covid-19, the price of 3.5k bitcoin, try to imagine if there were still people who held it until now, maybe he was a millionaire. Grin
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