Topic: Bitcoin isn't dying, it's alive. - page 5. (Read 727 times)

Let's take it from the real sense with real life approach that when we call bitcoin as a volatile currency and still yet what determines this volatility is base on its demand and supply market and it's working perfectly fine according to these as written from the whitepaper and it concensus protocols with blockchain and has never cease from its participation from the role it's expected to olay as a currency over the years, people use it to make purchases of goods and services with bitcoin and has continue to serve as an exchange medium yet being a currency but i wonder some people raising uncertainty alarm whenever it goes dip causing fear, isn't it better to refer them to where it has started from and where we are currently to consider the difference between bitcoin and other cryptocurrencies and why bitcoin is the most preferred cryptocurrency on the internet, high volatility or bear moves in bitcoin price does not amount to it failure but rather it pattern to move ahead with time.

ok you say its going down.. as if there is a magic number high up where bitcoin should be at.. sustainably..
i dare you to tell me this

i know you personally probably want $30k-$40k.. because with all investors they all want to "double my money please" so they shout out a hope number of what they think bitcoin should be at . because thats their exit price they want to leave the asset... but that hope number is not the whole market number of real value. its the speculation random number pick of the week.
some that bought in at $50k wanted their hope number of a $100k to appear soon after..

as for choosing a number that has hit in the past as the "value number"
bitcoins value and sustainable level is NOT the all time high.

the speculative market of an all time high is its PREMIUM. where no one wants to buy it any more. at that precise day

fish do not live at the tip of a tsunami wave.. they live at sea level

cattle do not live at the top of an erupting volcano. they live at ground level

bitcoins value and sustained store of value is at the ground level

if you loon at the periodic ground level of the fundementals of bitcoin cycles (halving events(4 years)) you notice the lows of 2022 are higher then the lows of 2018
or more precisely 2022 ground level low is higher then 2016 low which was higher than 2012 low

the correction from a temporary tsunami,volcanic eruptions. is just that the correction back to value.

we are currently testing new ground at a ground level thats higher than previous ground/sea level.
each cycle/periodically the ground /sea level rises.

yes enjoy the waves and eruptions. just dont try living up there. ride the waves and quakes. just dont get burned or drowned at the tops

be happy that the sea/ground is alive and levels up periodically.

We can see the price of Bitcoin is going down gradually but no one wants to understand it depends on your stock market it is also a digital currency through digital transactions and it is currently in bad condition Elon Musk said in 1 reply on Twitter.  Bitcoin is as cold as winter you have to wait for this of course bitcoin price may go up at the end of this winter so be patient everyone.  So if we all wait and if we all hold on to what we have, it's going to get $30,000 to $40,000 by the middle of the year and get to a very good price and it could get to a hundred if we hold it tight, so everybody's disappointed.  Let's save Bitcoin by holding instead.