Bitcoin is the only currency that has grown the most!! - page 5.

bangjoe

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Quote from: Natalim on December 14, 2023, 09:29:12 AM

Quote from: salad daging on December 12, 2023, 02:03:34 PM

Quote from: alankasman on December 12, 2023, 01:52:33 PM

From $44k to $41k. This is a minor correction in my opinion. $50k this December still don't know the answer.
That's why you should switch to Bitcoin instead of sticking with altcoins that are just a waste of time.

I think this correction will not continue there is still a possibility that the price will bounce up and return to the $44K area in the next few days. This is also not the right conclusion in the assumption that I believe that bitcoin can go up again in December even though we don't know the real direction yet.

Altcoins only rely on hype to go up so it still goes up a lot not naturally then when the trend occurs then the pump on altcoins is getting more especially for new projects but at this time I still put altcoins aside and stay focused on bitcoin.

Correction is hereby expected in a volatile market but yes, we can't think it will be dumping more. From $44k and dropping back to $40k, which is not really big enough, the market support is still strong and pushing back the price of Bitcoin again. What are we gonna expect in the coming days? We are more positive as the halving is coming but still, we can assure you that there is no more correction happening. Still, it was acceptable in the sense that selling/buying demand kept changing. After all, the entire market is reliant on the trend of Bitcoin.

Yes the correction is a natural thing and it is a very natural fluctuation when bitcoin is experiencing a continuous increase, and the evidence is recovering as before bitcoin is above the $42k price level.

The $40k wall is quite strong and I don't think we will break that price level again in December, I think this fluctuation was triggered by the sentiment of the Fed's FOMC results, but it doesn't seem to be so influential with the bullish trend of bitcoin to accumulate, so it is back on the rise, basically we are waiting for bitcoin to break the $45k area at the end of this year.

And yes, the bitcoin trend is the main catalyst for altcoins to gain greater adoption or increase, so yes what do you think about it, are you a special altcoin in your eyes? Tongue

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Quote from: salad daging on December 12, 2023, 02:03:34 PM

Quote from: alankasman on December 12, 2023, 01:52:33 PM

From $44k to $41k. This is a minor correction in my opinion. $50k this December still don't know the answer.
That's why you should switch to Bitcoin instead of sticking with altcoins that are just a waste of time.

I think this correction will not continue there is still a possibility that the price will bounce up and return to the $44K area in the next few days. This is also not the right conclusion in the assumption that I believe that bitcoin can go up again in December even though we don't know the real direction yet.

Altcoins only rely on hype to go up so it still goes up a lot not naturally then when the trend occurs then the pump on altcoins is getting more especially for new projects but at this time I still put altcoins aside and stay focused on bitcoin.

Correction is hereby expected in a volatile market but yes, we can't think it will be dumping more. From $44k and dropping back to $40k, which is not really big enough, the market support is still strong and pushing back the price of Bitcoin again. What are we gonna expect in the coming days? We are more positive as the halving is coming but still, we can assure you that there is no more correction happening. Still, it was acceptable in the sense that selling/buying demand kept changing. After all, the entire market is reliant on the trend of Bitcoin.

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Quote from: justdimin on December 13, 2023, 12:54:02 PM

Some people are debby downers and they do not say good things all that much, nor think about good possibilities in the future. That's fine, I do think that it could reach to 45k and not only that we could even finish at 50k before the year ends as well, not saying that's what will happen, but I am aware that it's possible and could happen. This is why I think we should consider the situation as great as it could potentially get, and we could end up with something that should be quite happy thoughts and be happy with what could happen.
-snip-

Everyone does have their own thoughts or perspectives, profits and losses will be their own responsibility.
But when someone is too skeptical, it seems that he needs a little treatment so that his mind does not always ask for bad things that will happen.
Even though conditions now are not as bad as thought.

Considering the situation as well as possible can be an effective way to avoid always over-expecting a condition.
Everything will run in balance up or down, but there will be a limit where the rise and fall will be influenced by the trend that occurs at that time.

Quote from: mirakal on December 13, 2023, 06:36:33 PM

-snip-
However, while we all aim for a bullish market, sudden price correction might also appear in a very unexpected situation. But we all know that bitcoin is still susceptible to that, at least we can prepare for it as early as now.

Preparation as early as possible does need to be done, by having some spare funds for buybacks and a backup plan to cope when a crash comes suddenly.
The market will not be completely predictable, but some careful preparation will make everything safer and more controlled.

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Quote from: Out of mind on December 06, 2023, 10:16:46 AM

Present, there are many altcoins in the crypto market and they have grown a lot. But it has gone down and gone again, but Bitcoin is the only currency that hasn't gone down yet, instead it's going up. I've noticed that Bitcoin has grown the most over the past couple of days, but altcoins haven't grown as much in comparison. Currently, we see Bitcoin market above $44000, I think it will bring $45000 very soon. Will Bitcoin Touch $50,000 By This December? What do you think about the way the Bitcoin market is currently growing?

This is not surprising anymore if we see bitcoin leading the market because we all know bitcoin exceeds in all aspects compared to altcoins. And to think that bitcoin is the king of crypto, so it alwys kept an edge towards other crypto coins. Bitcoin is currently priced at $43k and with how the market behaves these past few days, I'm optimistic that it will hit another heights in the next days, and might even exceeds our expectation from reaching its $50k price.

However, while we all aim for a bullish market, sudden price correction might also appear in a very unexpected situation. But we all know that bitcoin is still susceptible to that, at least we can prepare for it as early as now.

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Quote from: taufik123 on December 13, 2023, 07:52:51 AM

Why don't you believe that Bitcoin can reach $44k at the moment and can even go up to $50k.
This has become a cycle that makes Bitcoin increasingly in demand, and many are starting to enter Bitcoin.

If you expect Bitcoin to drop below $40k at the moment, you need to wait for that and hope that support can be broken.
You might expect a cheaper price to be able to buy more.

Only you don't expect the Blackrock spot ETF to be tested immediately, that means your portfolio is still lacking much,
so you expect the market to continue to fall and fall.

Don't you buy it when the price of Bitcoin is below $20k?

Some people are debby downers and they do not say good things all that much, nor think about good possibilities in the future. That's fine, I do think that it could reach to 45k and not only that we could even finish at 50k before the year ends as well, not saying that's what will happen, but I am aware that it's possible and could happen. This is why I think we should consider the situation as great as it could potentially get, and we could end up with something that should be quite happy thoughts and be happy with what could happen.

I understand life is not that simple, but I do get that it should be something that will be happy thoughts which would give us a better idea to survive. If you keep thinking about how it could go down then you are not going to make any investments, and when you think it could go up then you could always make a lot more money, that's how you should approach it and how you should make the most out of your profits as well.

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Quote from: davis196 on December 13, 2023, 07:19:28 AM

-snip-
I don't believe that Bitcoin will go above 44K USD or even 50K USD this December. My prediction is a price correction and going back below 40K USD. Everybody is praying for the Blackrock Bitcoin Spot ETF approval, but I'm not a big optimist about this ETF being approved.
-snip-

Why don't you believe that Bitcoin can reach $44k at the moment and can even go up to $50k.
This has become a cycle that makes Bitcoin increasingly in demand, and many are starting to enter Bitcoin.

If you expect Bitcoin to drop below $40k at the moment, you need to wait for that and hope that support can be broken.
You might expect a cheaper price to be able to buy more.

Only you don't expect the Blackrock spot ETF to be tested immediately, that means your portfolio is still lacking much,
so you expect the market to continue to fall and fall.

Don't you buy it when the price of Bitcoin is below $20k?

davis196

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Quote from: Out of mind on December 06, 2023, 10:16:46 AM

Present, there are many altcoins in the crypto market and they have grown a lot. But it has gone down and gone again, but Bitcoin is the only currency that hasn't gone down yet, instead it's going up. I've noticed that Bitcoin has grown the most over the past couple of days, but altcoins haven't grown as much in comparison. Currently, we see Bitcoin market above $44000, I think it will bring $45000 very soon. Will Bitcoin Touch $50,000 By This December? What do you think about the way the Bitcoin market is currently growing?

Altcoins have smaller trading volumes and this leads to higher volatility. The comparison between Bitcoin and the altcoins is getting annoying at this point. Grin

I don't believe that Bitcoin will go above 44K USD or even 50K USD this December. My prediction is a price correction and going back below 40K USD. Everybody is praying for the Blackrock Bitcoin Spot ETF approval, but I'm not a big optimist about this ETF being approved.
Bitcoin isn't going down yet, because the army of Bitcoin HODLers and believers is still strong and they will keep their BTC for several weeks, hoping for another price pump. The altcoins don't have such big and dedicated communities of HODLers supporting them.

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Quote from: alankasman on December 13, 2023, 05:42:47 AM

Quote

Altcoins only rely on hype to go up so it still goes up a lot not naturally then when the trend occurs then the pump on altcoins is getting more especially for new projects but at this time I still put altcoins aside and stay focused on bitcoin.

I've forgotten about altcoins because many of them don't have a value that I can hold onto. Piling money on a number of their projects no longer happens to me because I have finished my days with them who only rely on hype. Investing in altcoins by relying on hype is no longer the era.
I will say hello to them because they have made me realize that Bitcoin is an asset that needs to be maintained because there is no need to be afraid of losing money.

What altcoins have you invested in, and have they lost value these days? If talking about altcoins, I wonder why people don't invest in altcoins like ETH or Solana, Avax...why do people like to invest in new projects that don't have any achievements yet? And then blaming all altcoins is useless.

If evaluated fairly, there are still a number of altcoins in the market that exist and bring us significant profits, not only bitcoin can bring us profits.
If we only talk about profits then bitcoin is not the only coin that does that, we don't need to hide the fact that there are many other altcoins doing the same thing.

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Quote from: salad daging on December 12, 2023, 02:03:34 PM

Quote from: alankasman on December 12, 2023, 01:52:33 PM

From $44k to $41k. This is a minor correction in my opinion. $50k this December still don't know the answer.
That's why you should switch to Bitcoin instead of sticking with altcoins that are just a waste of time.

I think this correction will not continue there is still a possibility that the price will bounce up and return to the $44K area in the next few days. This is also not the right conclusion in the assumption that I believe that bitcoin can go up again in December even though we don't know the real direction yet.

Corrections can still occur but will not be too far away.
$41K is still a price that I don't consider a correction from $44K because it is still above $35K. Of course, that's not a conclusion for Bitcoin prices in December.

Quote

Altcoins only rely on hype to go up so it still goes up a lot not naturally then when the trend occurs then the pump on altcoins is getting more especially for new projects but at this time I still put altcoins aside and stay focused on bitcoin.

I've forgotten about altcoins because many of them don't have a value that I can hold onto. Piling money on a number of their projects no longer happens to me because I have finished my days with them who only rely on hype. Investing in altcoins by relying on hype is no longer the era.
I will say hello to them because they have made me realize that Bitcoin is an asset that needs to be maintained because there is no need to be afraid of losing money.

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Quote from: alankasman on December 12, 2023, 01:52:33 PM

From $44k to $41k. This is a minor correction in my opinion. $50k this December still don't know the answer.
That's why you should switch to Bitcoin instead of sticking with altcoins that are just a waste of time.

I think this correction will not continue there is still a possibility that the price will bounce up and return to the $44K area in the next few days. This is also not the right conclusion in the assumption that I believe that bitcoin can go up again in December even though we don't know the real direction yet.

Altcoins only rely on hype to go up so it still goes up a lot not naturally then when the trend occurs then the pump on altcoins is getting more especially for new projects but at this time I still put altcoins aside and stay focused on bitcoin.

alankasman

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Quote from: Out of mind on December 06, 2023, 10:16:46 AM

Present, there are many altcoins in the crypto market and they have grown a lot. But it has gone down and gone again, but Bitcoin is the only currency that hasn't gone down yet, instead it's going up. I've noticed that Bitcoin has grown the most over the past couple of days, but altcoins haven't grown as much in comparison. Currently, we see Bitcoin market above $44000, I think it will bring $45000 very soon. Will Bitcoin Touch $50,000 By This December? What do you think about the way the Bitcoin market is currently growing?

I don't believe that Bitcoin hasn't gone down yet. Bitcoin rose in price because it went through what is called a decline in its current price. Ups and downs are normal events. My experience in altcoins in the past was that I always followed Bitcoin. 1 to 50 altcoins may still survive falling and rising prices. Others in the thousands only last a moment and are worthless.

From $44k to $41k. This is a minor correction in my opinion. $50k this December still don't know the answer.
That's why you should switch to Bitcoin instead of sticking with altcoins that are just a waste of time.

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Quote from: btc_angela on December 12, 2023, 07:26:34 AM

Quote from: mv1986 on December 11, 2023, 06:06:35 PM

~

Well those that are heading the SEC will likely have to approved the Bitcoin ETF next year. I mean for me, those are big entities already, and so I will speculate that they have a lot of influence as they can wield it to anyone, like Vanguard and BlackRock who's a trillion asset hedge company.

So those people behind have some inside connection themselves or even lobbyist. Sooner or later SEC will have to get in to these influential group of individuals. As for the title of the subject, it's also obvious, Bitcoin has the support of the community and investors it's the wise decision to just put their money into it as it will give huge profits in the future, whether average joe or big whales.

I expect there are also some strategical shenanigans going on behind closed doors, like when the SEC receives an application, they will try to be careful as to how they represent their own institution in public. It should not foster the impression that as soon as a powerful financial US institution comes around the corner, the SEC immediately grants approval. They will take their team, giving the impression that there is a level-playing field for everyone who considers an application. In reality I expect that there is boundless lobbying going on and the ETF will come eventually.

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Quote from: mv1986 on December 11, 2023, 06:06:35 PM

Quote from: JoyMarsha on December 11, 2023, 03:45:08 PM

Quote from: Wapfika on December 06, 2023, 10:22:48 AM

Quote from: Out of mind on December 06, 2023, 10:16:46 AM

Currently, we see Bitcoin market above $44000, I think it will bring $45000 very soon. Will Bitcoin Touch $50,000 By This December? What do you think about the way the Bitcoin market is currently growing?

I really think that Bitcoin will grow more and even reach ATH price since there’s nothing to stop them now because we are all get over to FTX and other big crypto companies that got bankrupt.

The only way this current trend will stop is when Bitcoin ETF is denied or when one of the institutional investors such as microstrategy will finally take profit since they are the only entity that has the ability to dump the market using their current holdings but I doubt this will happened soon because they are still accumulating even on the current price which means they are thinking long term.

Even if the bitcoin ETF is denied by the SEC towards next year, bitcoin will still reach its ATH at the right time, nothing will stop it. What the crypto market would experience if Bitcoin ETF is denied is a drastic decline in the price of bitcoin, which with time, the market will bounce back because the demand for the purchase of Bitcoin at a discount price will be much, in an expectation of the bull run to come.

In all the previous crypto bull runs that happened, there was nothing like the approval of bitcoin ETF that helped bitcoin to soar. It does soar on its own after months of halving the season

Nobody can know for sure what the SEC will decide, but I think it is highly unlikely that they will again decline the ETF without setting new deadline or realistic requirements, making clear that this is not a question of years anymore. But if they do decline the ETF applications, I don't think it will have an effect so negative that it would neutralize the gains we have seen this year. I believe that there are things going on behind the scenes that speak for an approval and it hasn't been made public yet.

Well those that are heading the SEC will likely have to approved the Bitcoin ETF next year. I mean for me, those are big entities already, and so I will speculate that they have a lot of influence as they can wield it to anyone, like Vanguard and BlackRock who's a trillion asset hedge company.

So those people behind have some inside connection themselves or even lobbyist. Sooner or later SEC will have to get in to these influential group of individuals. As for the title of the subject, it's also obvious, Bitcoin has the support of the community and investors it's the wise decision to just put their money into it as it will give huge profits in the future, whether average joe or big whales.

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Quote from: Out of mind on December 06, 2023, 10:16:46 AM

Present, there are many altcoins in the crypto market and they have grown a lot. But it has gone down and gone again, but Bitcoin is the only currency that hasn't gone down yet, instead it's going up. I've noticed that Bitcoin has grown the most over the past couple of days, but altcoins haven't grown as much in comparison.

I don't think a single minded sentiment has a benefit offering the crytop industry. We are just investors and traders in this space of crypto currency which we basically don't have the capability to decision else we just have to make our investments and trades while the volatility potentials of increments is decided on the ETF.
Sometimes I just feel like AltCoins doesn't exist but only Bitcoin because I have no business with it and it has no value to render to Bitcoins interests of value rate instead the the AltCoins are follow up(followers) to stepping IN and or OUT after Bitcoin alternatively AltCoins are bitcoins emulators
But however, the honest truth is that bitcoin do still falls yes, it could fall depreciably and frustrating so as it is affected with the AltCoins and also, bitcoin has the potentials to appreciatable values at most and so it is also a bit inline affected with the AltCoins.
All these are so because Bitcoin seemed to portray the highest level of volatility in the realm of crypto currencies and that is why it has been unbeatable and its abilities to maintaining a profitable reputation.

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Quote from: arabspaceship123 on December 11, 2023, 06:19:03 PM

It's like they'll approve bitcoin after they've taken actions against FTX & Binance. If approval's declined it's going to have negative impact on price we don't know how much. Bitcoin isn't going to lose gains it's made in 2 months but something's going to happen I hope it won't be dumped.

Quote from: mv1986 on December 11, 2023, 06:06:35 PM

Nobody can know for sure what the SEC will decide, but I think it is highly unlikely that they will again decline the ETF without setting new deadline or realistic requirements, making clear that this is not a question of years anymore. But if they do decline the ETF applications, I don't think it will have an effect so negative that it would neutralize the gains we have seen this year. I believe that there are things going on behind the scenes that speak for an approval and it hasn't been made public yet.

But for what reason would most people dump it? You could argue that those who are involved with these application processes could dump, but any of these institutions that have sent in these applications are preparing their reserves for the day when these ETFs get approved. They are not getting into Bitcoin only because of a potential ETF product. The times that Bitcoin overreacted to news like that are over. I don't consider 5% a crash. It happens all the time.

But surely there are players in the market who would try to capitalize on leveraged short sales, which may lead to some short-term selling pressure. But other than that Bitcoin's short-term success doesn't depend on the ETF approval. I believe that the downside potential for an ETF decline would be lower than the upside potential for an ETF approval. After all, everyone knows that these ETFs will come one day anyway.

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It's like they'll approve bitcoin after they've taken actions against FTX & Binance. If approval's declined it's going to have negative impact on price we don't know how much. Bitcoin isn't going to lose gains it's made in 2 months but something's going to happen I hope it won't be dumped.

Quote from: mv1986 on December 11, 2023, 06:06:35 PM

Nobody can know for sure what the SEC will decide, but I think it is highly unlikely that they will again decline the ETF without setting new deadline or realistic requirements, making clear that this is not a question of years anymore. But if they do decline the ETF applications, I don't think it will have an effect so negative that it would neutralize the gains we have seen this year. I believe that there are things going on behind the scenes that speak for an approval and it hasn't been made public yet.

mv1986

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Quote from: JoyMarsha on December 11, 2023, 03:45:08 PM

Quote from: Wapfika on December 06, 2023, 10:22:48 AM

Quote from: Out of mind on December 06, 2023, 10:16:46 AM

Currently, we see Bitcoin market above $44000, I think it will bring $45000 very soon. Will Bitcoin Touch $50,000 By This December? What do you think about the way the Bitcoin market is currently growing?

I really think that Bitcoin will grow more and even reach ATH price since there’s nothing to stop them now because we are all get over to FTX and other big crypto companies that got bankrupt.

The only way this current trend will stop is when Bitcoin ETF is denied or when one of the institutional investors such as microstrategy will finally take profit since they are the only entity that has the ability to dump the market using their current holdings but I doubt this will happened soon because they are still accumulating even on the current price which means they are thinking long term.

Even if the bitcoin ETF is denied by the SEC towards next year, bitcoin will still reach its ATH at the right time, nothing will stop it. What the crypto market would experience if Bitcoin ETF is denied is a drastic decline in the price of bitcoin, which with time, the market will bounce back because the demand for the purchase of Bitcoin at a discount price will be much, in an expectation of the bull run to come.

In all the previous crypto bull runs that happened, there was nothing like the approval of bitcoin ETF that helped bitcoin to soar. It does soar on its own after months of halving the season

Nobody can know for sure what the SEC will decide, but I think it is highly unlikely that they will again decline the ETF without setting new deadline or realistic requirements, making clear that this is not a question of years anymore. But if they do decline the ETF applications, I don't think it will have an effect so negative that it would neutralize the gains we have seen this year. I believe that there are things going on behind the scenes that speak for an approval and it hasn't been made public yet.

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Quote from: Wapfika on December 06, 2023, 10:22:48 AM

Quote from: Out of mind on December 06, 2023, 10:16:46 AM

Currently, we see Bitcoin market above $44000, I think it will bring $45000 very soon. Will Bitcoin Touch $50,000 By This December? What do you think about the way the Bitcoin market is currently growing?

I really think that Bitcoin will grow more and even reach ATH price since there’s nothing to stop them now because we are all get over to FTX and other big crypto companies that got bankrupt.

The only way this current trend will stop is when Bitcoin ETF is denied or when one of the institutional investors such as microstrategy will finally take profit since they are the only entity that has the ability to dump the market using their current holdings but I doubt this will happened soon because they are still accumulating even on the current price which means they are thinking long term.

Even if the bitcoin ETF is denied by the SEC towards next year, bitcoin will still reach its ATH at the right time, nothing will stop it. What the crypto market would experience if Bitcoin ETF is denied is a drastic decline in the price of bitcoin, which with time, the market will bounce back because the demand for the purchase of Bitcoin at a discount price will be much, in an expectation of the bull run to come.

In all the previous crypto bull runs that happened, there was nothing like the approval of bitcoin ETF that helped bitcoin to soar. It does soar on its own after months of halving the season

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Quote from: Out of mind on December 06, 2023, 10:16:46 AM

Present, there are many altcoins in the crypto market and they have grown a lot. But it has gone down and gone again, but Bitcoin is the only currency that hasn't gone down yet, instead it's going up. I've noticed that Bitcoin has grown the most over the past couple of days, but altcoins haven't grown as much in comparison. Currently, we see Bitcoin market above $44000, I think it will bring $45000 very soon. Will Bitcoin Touch $50,000 By This December? What do you think about the way the Bitcoin market is currently growing?

You can't compare the growth of altcoins to the growth of bitcoin both of them doesn't have same technology, in a circumstances bitcoin is what give a rise to altcoins and the acceleration of bitcoin give a very big dominance and support for acceleration of altcoins, when people is making a comparison about bitcoin and altcoins it surprised me because altcoins can not grow without bitcoin having a lot of bullrun, if bitcoin experiences a short duration of bullrun it will affect altcoins growing especially the newly established altcoins but if bitcoin experience a long-term bullrun all altcoins get accelerated even though their technology is very poor it still increases

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Quote from: cryptoknightt on December 09, 2023, 09:51:05 AM

if bitcoin goes up, altcoins should also go up, and that happens altcoins also go up, but not all altcoins go up, only a few, ideally this is not a bull run market, actually only a few coins go up, I think there are several parties who deliberately make this go up .

People start investing in altcoins as well when they see Bitcoin going up because since the inception of the cryptocurrencies, it's been the norm that when Bitcoin goes up in price, altcoins tend to follow its movements and the biggest reason for that is the increase in demand for altcoins as well. One might notice that some altcoins don't go up much even if Bitcoin and some altcoins are going up in full force, the reason behind that is that those coins are not traded much and they barely get any volume.

So, while there can be some cryptocurrencies that might not go up when the market is going up, most altcoins will go up when Bitcoin does so and it's because people show interest in those altcoins as well along with Bitcoin which makes them gain value and those that lack investments stay behind in the race.

Topic: Bitcoin is the only currency that has grown the most!! - page 5. (Read 1241 times)