Bitcoin in the last 5 years compare to now - page 2.

Blitzboy

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Quote from: Altryist on November 02, 2023, 05:48:47 AM

Quote from: yazher on November 02, 2023, 04:59:47 AM

Bitcoin price will continue to increase in the future due to the fact that it really gives a solution for financial freedom and secured assets for every holder. As we can see right now, big companies are also holders of bitcoins, and others that are in their caliber are honestly interested in buying their own bitcoins. If only mainstream media are fair, we can see some good news every day with bitcoins and the positive progress that it has reached throughout these years.

The cryptocurrency market is too manipulative to see only positive news every day, and Bitcoin is the most prominent coin in this market, so you understand that there are many who want to profit from its volatility. And since Bitcoin reacts very well to news, both positive and negative, there will always be people willing to try to make a profit from it.

And if we take into account how well Bitcoin has grown compared to altcoins, then I can conclude that Bitcoin has received much more attention from big players, and altcoins at this stage are not so interesting for them, perhaps their turn will come, as has always happened in the past , but so far Bitcoin looks significantly better than any altcoin.

It is a harsh truth and shows how people often take advantage of Bitcoin's ability to respond quickly to changes in the news. Big players are more interested in Bitcoin than in altcoins. This isnt just a chance; i's a well-thought-out strategy based on Bitcoin's rise and its natural ability to generate huge returns.

But ignoring altcoins as chess pieces waiting to be moved on the big board of crypto investments makes me wonder how dynamic market trends really are. Given how circular financial ecosystems are, is it possible that we're not giving altcoins their due credit? A sharp eye might see an opening when the big players dont seem to be interested.

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Quote from: Peanutswar on November 01, 2023, 11:04:43 PM

Bitcoin already shows the possible what can do in the market, as we can see from the previous down of the Bitcoin on that month of March which we saw sitting actually around $3k and making pump until 60k$ and we now see that the lowest price of the bitcoin is coming from 24$k but currently sitting around with the 30k$, this takes time and also the upcoming halving is nearby people now accumulate as they can because the bitcoin shows the potential of another pump could be another 60k$ or more than that. If you have a budget will you skip this opportunity?, i guess not and grab those chances of the market dumps.

No one will want to miss the opportunity but the cause is money if you have money you can easily invest but if you don't have money then even if you desire to invest you will not. Bitcoin once touched the value of 69k$ so those who buy bitcoin in the price of above 40k$ they cannot sell bitcoin yet and they will wait until it cross the value of 69k$ again. No one wants to loss money therefore everyone will have specific target at which they will sell their bitcoin and target is possible to achieve only during halving.

steadily but surely bitcoin is pumping as it moves from the price of 26k$ towards 35k$ so it acts as a green light towards Bull run which is possible to be happen in coming year. Time is necessary so if you are thinking that you will make 100$ from 10$ in few days then you are wrong because selling and buying has its own timing and your patience is a major key to lead you to a Victorious destiny.

Altryist

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Quote from: yazher on November 02, 2023, 04:59:47 AM

Bitcoin price will continue to increase in the future due to the fact that it really gives a solution for financial freedom and secured assets for every holder. As we can see right now, big companies are also holders of bitcoins, and others that are in their caliber are honestly interested in buying their own bitcoins. If only mainstream media are fair, we can see some good news every day with bitcoins and the positive progress that it has reached throughout these years.

The cryptocurrency market is too manipulative to see only positive news every day, and Bitcoin is the most prominent coin in this market, so you understand that there are many who want to profit from its volatility. And since Bitcoin reacts very well to news, both positive and negative, there will always be people willing to try to make a profit from it.

And if we take into account how well Bitcoin has grown compared to altcoins, then I can conclude that Bitcoin has received much more attention from big players, and altcoins at this stage are not so interesting for them, perhaps their turn will come, as has always happened in the past , but so far Bitcoin looks significantly better than any altcoin.

yazher

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Bitcoin price will continue to increase in the future due to the fact that it really gives a solution for financial freedom and secured assets for every holder. As we can see right now, big companies are also holders of bitcoins, and others that are in their caliber are honestly interested in buying their own bitcoins. If only mainstream media are fair, we can see some good news every day with bitcoins and the positive progress that it has reached throughout these years.

KiaKia

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No one knows what will happen in the future they say, but some people do have strong mind and they believe in things when others failed to, I am jealous of the strength in those early bitcoin adopters that believed in Bitcoin years ago and still hold it till now, like how the hell did they do it?

Those who are new to bitcoin today don't know how hard it would have been to have trust in Bitcoin when it was less popular, there was not much hope in Bitcoin and the internet was full of negative judgment about Bitcoin, they called in the next bubble that will burst, I read this a lot and part of me was scared because I really want Bitcoin to survive.

Today, Bitcoin is more easier to believe in, you now have bigger people investing in Bitcoin, your favourite millionaires are into crypto, so the fear and thoughts of maybe it will fail is no more.

posi

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Quote from: jasonjm on November 02, 2023, 03:41:36 AM

Quote from: Gideon66 on October 26, 2023, 07:40:59 PM

Do you think this will continue in the coming years?

Over the past few years, Bitcoin adoption has continuously increased, and more institutional investors are now interested in Bitcoin investment. There are chances that this trend will continue to rise in the coming years. As far as the BTC price cycle is concerned, it will repeat itself after a few years, as we have seen in the past. Things changed a lot over the past few years, and now ETFs are coming into play; with this, we might not see Bitcoin at this level ever again. So, invest in bitcoin while you still have a chance and hold for a few years to maximize your profit.

I wouldn't say it's "possible" and instead, I'm sure it will continue and be even stronger than before. Because many countries and governments are also slowly realizing the huge potential of bitcoin and proof of that is that bitcoin ETFs are on their way to being approved. Even though that hasn't happened yet, it will definitely happen and is inevitable. Therefore, we can confidently and without hesitation say that the development of bitcoin cannot be stopped and will continue in the future.

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Quote from: Gideon66 on October 26, 2023, 07:40:59 PM

Do you think this will continue in the coming years?

Over the past few years, Bitcoin adoption has continuously increased, and more institutional investors are now interested in Bitcoin investment. There are chances that this trend will continue to rise in the coming years. As far as the BTC price cycle is concerned, it will repeat itself after a few years, as we have seen in the past. Things changed a lot over the past few years, and now ETFs are coming into play; with this, we might not see Bitcoin at this level ever again. So, invest in bitcoin while you still have a chance and hold for a few years to maximize your profit.

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Quote from: Reatim on November 01, 2023, 08:20:06 PM

Quote from: Gideon66 on October 26, 2023, 07:40:59 PM

Well, it's nice to see how Bitcoin has changed in the last 5 years.back in 2017 Bitcoin was around $4000, and there a lot of speculation if it will be a good ideal of investment. With the pass years we have seen the up and down with price of Bitcoin nearly $69,000 @ November 2021, the price today of Bitcoin is around $21,000, which is a big huge change from the past few years. Bitcoin have a positive value, it can also used as and asset. In the past five years has been a huge growth, however institution that held Bitcoin and investment on it like Tesla , having a amount of Bitcoin on their account. This has brought a huge profit. The way Bitcoin is been used by large and small companies and organizations. Do you think this will continue in the coming years?

Lets count how many years bitcoin existence , 13 years? have how many halvings? and how many bull that happened so do you still ask if this will continue over the years, you track bitcoin back so that is enough for you to understand all the possibilities and how bitcoin is great for long term and not just this short hand checking.try not to be affected by FUD and wrong speculation because we have proven how great bitcoin can be so that should be enough for you to believe in its capacity.

We just celebrated the 15th anniversary of the bitcoin whitepaper being published, and to be more precise, bitcoin has been around for 15 years, not 13 years.

OP seems to be new to the market and he probably hasn't experienced any bull seasons or the exciting experiences that bitcoin has to offer. So it's understandable that questions like this come from newbie, we don't need to be too strict with them. Even if they read and research the entire history of bitcoin, if they don't have too much experience with it, doubts will always exist in them. Only if they are here with bitcoin for a long time will they have as strong a belief as we do. Newbies need encouragement and time to learn things.

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Quote from: Gideon66 on October 26, 2023, 07:40:59 PM

...having a amount of Bitcoin on their account. This has brought a huge profit. The way Bitcoin is been used by large and small companies and organizations. Do you think this will continue in the coming years?

Bitcoin already shows the possible what can do in the market, as we can see from the previous down of the Bitcoin on that month of March which we saw sitting actually around $3k and making pump until 60k$ and we now see that the lowest price of the bitcoin is coming from 24$k but currently sitting around with the 30k$, this takes time and also the upcoming halving is nearby people now accumulate as they can because the bitcoin shows the potential of another pump could be another 60k$ or more than that. If you have a budget will you skip this opportunity?, i guess not and grab those chances of the market dumps.

Reatim

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Quote from: Gideon66 on October 26, 2023, 07:40:59 PM

Well, it's nice to see how Bitcoin has changed in the last 5 years.back in 2017 Bitcoin was around $4000, and there a lot of speculation if it will be a good ideal of investment. With the pass years we have seen the up and down with price of Bitcoin nearly $69,000 @ November 2021, the price today of Bitcoin is around $21,000, which is a big huge change from the past few years. Bitcoin have a positive value, it can also used as and asset. In the past five years has been a huge growth, however institution that held Bitcoin and investment on it like Tesla , having a amount of Bitcoin on their account. This has brought a huge profit. The way Bitcoin is been used by large and small companies and organizations. Do you think this will continue in the coming years?

Lets count how many years bitcoin existence , 13 years? have how many halvings? and how many bull that happened so do you still ask if this will continue over the years, you track bitcoin back so that is enough for you to understand all the possibilities and how bitcoin is great for long term and not just this short hand checking.try not to be affected by FUD and wrong speculation because we have proven how great bitcoin can be so that should be enough for you to believe in its capacity.

Dr.Bitcoin_Strange

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It's true that no one knows what will happen in the future, but judging by the history of Bitcoin's adoption, speculation, popularization, demand, and supply, I think that the value of Bitcoin will always continue to grow just like it has. The demons of 2011, 2015, and 2017 till date have all varied. In the future, more individuals will be convinced to invest in Bitcoin, and demand will increase. Bitcoin makes it possible for one to easily convert from their fiat to Bitcoin, which holds a great value, whereas fiat is losing value, and individuals are looking for a trusted means to secure their money without facing devaluation. If most Bitcoiners aren't convinced to adopt Bitcoin, the demand will keep growing just like that, and just as El Salvador has legalized Bitcoin, who knows what's more to come?

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Quote from: Gideon66 on October 26, 2023, 07:40:59 PM

Do you think this will continue in the coming years?

Of course. It is just basic math. Bitcoin has limited supply and the central banks will always keep printing more FIAT because that's their job. Obviously there will be some corrections every once in a while but bitcoin will always have a new ATH in the long run. The good thing with bitcoin is, it is not a stock like TSLA. That means bitcoin has no earnings, has no sales etc... That is important because that means bitcoin cannot go bankrupt. It is because bitcoin is a commodity with a limited supply. People don't call it "the perfect money" for no reason. It really is. You just need to sit tight and hold your coins and eventually you will make huge profits. Better yet, just forget that you own any bitcoin. That's the easiest way. Come back and check your stash 10 years later.

Captain Corporate

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To be fair we have gone up previous 5 years too, but the most recent 5 years was different. If we were to put it in perspective, the last 5 years is 2019 to 2023, as full years (19-20-21-22-23) and before that it was 14-18 years and to be fair those years seen some increases too but not like this. Difference is that during the 2014-2018 period we have gone from "what is even bitcoin? is that legal? isn't that something about drugs?" into actually being known, not really gone up huge in value compared to other markets, but gone up HUGE compared to itself, from few hundred to as much as 20k. However, since 2019, we have gone to a level where its literally in the market with billion even trillion dollar companies, that's not just growth in price, the marketcap alone is getting insane.

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Quote from: Gideon66 on October 26, 2023, 07:40:59 PM

This has brought a huge profit. The way Bitcoin is been used by large and small companies and organizations. Do you think this will continue in the coming years?

With the amount of adoption and how small and major institutions are investing in bitcoin, you don't need to be convinced that bitcoin will grow beyond what most people have predicted in the future years. Why would many people continue to invest in an asset that will not yield a profit in the long run? Such a scenario becomes impractical and illogical. Too many people cannot be interested in a particular thing if it doesn’t have a future in it. So there’s a future in this, that’s why the investors keeps increasing.

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Quote from: Gideon66 on October 26, 2023, 07:40:59 PM

Bitcoin have a positive value, it can also used as and asset. In the past five years has been a huge growth, however institution that held Bitcoin and investment on it like Tesla , having a amount of Bitcoin on their account. This has brought a huge profit. The way Bitcoin is been used by large and small companies and organizations. Do you think this will continue in the coming years?

Inasmuch as the adoption of Bitcoin keeps increasing, and yet more projects are been built on the blockchain technology which allows the smooth use of Bitcoin to execute transactions across the globe, I don't think this Bitcoin will ever fade away, because the more it's value increases, so is it likely to attract more investors, who won't want to miss out as price value starts skyrocketing. Hence, the same way we have had a massive increase both in the use-case and price of Bitcoin just within this 5 years, so are we likely to experience such in the future, and as such now is the best time to accumulate as much as you can now with the little fund you can afford.

ajiz138

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Bitcoin will continue with its trend with some institutions adopting bitcoin more in the future. The price may change but from bullish to bearish phases there will always be highs and lows.
Not only Tesla has a number of bitcoins, there are even large institutions that have more than that, don't be surprised if they have started to have millions of dollars from now on in preparation for the next bullish and don't be surprised if a company they have silently invested in bitcoin real things like this are still very much to be seen later.

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Quote from: Gideon66 on October 26, 2023, 07:40:59 PM

In the past five years has been a huge growth, however institution that held Bitcoin and investment on it like Tesla , having a amount of Bitcoin on their account. This has brought a huge profit. The way Bitcoin is been used by large and small companies and organizations. Do you think this will continue in the coming years?

I really don't know if they will continue in the coming years. But I think it is more important to increase the number of ordinary people's Bitcoin adoption than the Bitcoin adoption of these big organizations. But it must also be accepted that the Bitcoin adoption of these large organizations will influence the adoption of Bitcoin among the general public.
First of all, I would like to say that the reason for the increase in the price of Bitcoin is not only because such companies are barred for adoption, but after each Bitcoin halving season, the mining reward is halved and for this miners have to sell Bitcoins to cover their mining costs, moreover, the amount of Bitcoin adoption is increasing day by day. Overall, Bitcoin price increases after each halving season.

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Quote from: Youngkhngdiddy on November 01, 2023, 06:05:34 AM

~Snip.

Bitcoin has reached this far only because it is decentralized. Freedom seeking people will take Bitcoin over anything because it can provide them the freedom they want. Doesn't matter if US, UK, or China adopts between first or not. When everyone else around them keep on adapting to Bitcoin, they will have no other choice but to accept it anyway. Bitcoin is the technology for the future. When they will be left behind and others around them will continue to grow and take advantage of the technology that Bitcoin provides, they will be forced to accept it. Who wants to be left behind? Only a fool we'll miss the chance.

Water droplets coming together creates the ocean. Think of every small country coming forward to accept Bitcoin as the water droplets. When everyone combines, how those big country are going to survive in that ocean? If you have faith in Bitcoin, just keep believing on it. Little by little it will achieve success one day that's for sure. All we need to do is wait for it. Bitcoin did not come this far in a short period of time. It took a lot of time for Bitcoin to be what it is today. So it may take a little bit more time to be accepted all over the world.

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I do not know about any other person, but I personally do believe that we are yet to see the best of bitcoin, there is still a lot of developments in the pipeline which will ensure steady growth of bitcoin both in monetary value and popularity.

The coming approval of the Bitcoin ETF is one of such developments, coupled with the halvings that happens every four years, plus the coming regulatory laws coming for bitcoin and cryptocurrencies in general, all this will make bitcoin become even more popular and gain worldwide acceptance, even from people who are currently not investing in bitcoin because they fear what the stance of the government is concerning it.

Overall, I personally believe that bitcoin will continue to grow, and with its limited supply, monetary value may reach millions of dollars some day that is not too far away.

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The huge increase in Bitcoin's price was somewhat expected, at least for me. I knew that it would happen if there were no major issues that would cause Bitcoin to break. Everything has gone smoothly so far and this is how it should be progressing. From 2017 to now, we've witnessed significant volatility in Bitcoin's price, ranging from $4k to $69k which is quite normal.

Now at this current time, Bitcoin is almost at $35k which is an incredibly high price, and I didn't expect it to reach this level especially this year. It might even reach around $40k by December, who knows?

I have faith in Bitcoin and believe it will continue to grow next year, especially after the halving.

Topic: Bitcoin in the last 5 years compare to now - page 2. (Read 594 times)