Bitcoin not yet at $100k, why? - page 3.

Silberman

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Quote from: beerlover on May 04, 2021, 02:47:22 PM

Quote from: Silberman on May 04, 2021, 01:02:07 PM

You need to be patient, bitcoin is not going to move according to some schedule just because you want it, bitcoin is going to move at whatever speed that it can, I'm not worried about this and I don't think anyone should be worried about this, we are going to eventually see that price the only question is if you're going to be here when that happens, you need to be very careful because the whales are going to try to do everything they can to scare you away so you sell their coins to them and once you believe bitcoin is not going to reach that price that is exactly when it will happen.

You sound real practical but not most other people are. If you notice most of the people are always in rush toward profit making and that is the reason they are all get stuck at some point of time even with the bitcoin markets; either they sell earlier or will fail to catch ATH to book profits. Honestly patience matters.

Right now it seems bitcoin market is looking for some external help in terms of to triggering it. Or else we can assume like most investors are busy in altcoin pumps as we are witnessing dogecoins and ethereum are into extreme bullish mode which might have made investors/traders focus on them rather than getting engaged in bitcoin trading.

It seems that you are right, however there is a lot of money in the market and while during the past years the people behind that money were not convinced enough to try their luck with altcoins the strong growth that we have seen during the last year has created confidence once again and now people are speculating with the price of altcoins, however once they feel a little bit insecure about the future of altcoins all of that money will come back to bitcoin and that is when we are going to see the price of bitcoin growing up significantly again.

nightwishx

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Quote from: acener on May 07, 2021, 02:00:45 PM

Just relax we are already at a good price why do people have to be so greedy?
Couldn't we just be contented with the current price and be happy if it continues to grow?
We still have a lot of time for it if it didn't reach $100K this year there would always be another time or another year.
It is just a speculation and most of us who predicted it just did it because of the strong up trend of the price back then.

Yep, I was wondering, why does speculation always have to be at $100k, lol. btw, I think we will be able to see exactly where the price of bitcoin will develop in Q3 this year. But I always believe that the relevant figure for the current bitcoin price is in the $80k- $85k price range

Roidz

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Quote from: Shasha80 on May 06, 2021, 02:30:46 PM

Quote from: inanilujimi on May 04, 2021, 04:51:47 PM

to reach $ 50k alone is already an amazing achievement at this point that bitcoin has made, hitting the $ 100k target is not a must to achieve this year because if you are not strong in the resistance it could cause a very severe dump, just let the process go. automatically because $ 100 would not be impossible if bitcoin had hit $ 50k at least only about 100% from now.

Indeed, we should be grateful Bitcoin has managed to reach $ 50k this year, even Bitcoin managed to reach ATH at $ 64k is already extraordinary.
So there's no rush expecting Bitcoin to hit $ 100k, although it turns out that this year Bitcoin failed to hit the $ 100k price tag that's not a bad thing
for Bitcoin. We need to be patient to wait for Bitcoin to reach $ 100k, still HODL the Bitcoin we have, even if we have extra money we can buy more
Bitcoin. Because collecting Bitcoin is something we have to do from now on.

I really agree with the thoughts you have, because it is better now that we focus more on collecting as much bitcoin as possible rather than questioning when the price of bitcoin will be higher, because without having to ask any questions, of course, the price of bitcoin will continue to move in accordance with the existing market sentiment Grin

but the problem is when the price of bitcoin gets higher, how many bitcoins do you have? Huh

acener

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Just relax we are already at a good price why do people have to be so greedy?
Couldn't we just be contented with the current price and be happy if it continues to grow?
We still have a lot of time for it if it didn't reach $100K this year there would always be another time or another year.
It is just a speculation and most of us who predicted it just did it because of the strong up trend of the price back then.

Shasha80

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Quote from: inanilujimi on May 04, 2021, 04:51:47 PM

to reach $ 50k alone is already an amazing achievement at this point that bitcoin has made, hitting the $ 100k target is not a must to achieve this year because if you are not strong in the resistance it could cause a very severe dump, just let the process go. automatically because $ 100 would not be impossible if bitcoin had hit $ 50k at least only about 100% from now.

Indeed, we should be grateful Bitcoin has managed to reach $ 50k this year, even Bitcoin managed to reach ATH at $ 64k is already extraordinary.
So there's no rush expecting Bitcoin to hit $ 100k, although it turns out that this year Bitcoin failed to hit the $ 100k price tag that's not a bad thing
for Bitcoin. We need to be patient to wait for Bitcoin to reach $ 100k, still HODL the Bitcoin we have, even if we have extra money we can buy more
Bitcoin. Because collecting Bitcoin is something we have to do from now on.

Fredomago

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Quote from: Twinscoin2017 on May 06, 2021, 04:07:09 AM

Quote from: Rruchi man on May 01, 2021, 06:10:41 PM

At this start of this year, there was a lot of hype about how high the price of bitcoin will get, some speculated that btc will set a new ATH of $100k before the first half of the year is over, others before the first quarter of the year.
This However has not been the case. We just passed the first quarter of the year and btc has not even gotten to $70k yet. Do you still think $100k is still possible before the first half of the year?

It takes time, bitcoin will rise in the next few months we only need to wait for it. Pump and dump is nature in crypto market we cannot control it and it makes the price rise very slow. But as what i have observe after the dump it rises back there is a posibility that bitcoin will really reach 100k$ in the next few months from now. This is my prediction base on the market status.

We can't as we don't have that much money to create something inside this market, though whales are capable to shake it up.

What we can do for now is to carefully analyze the situations and act according to how you understand the sentiments of the market, there are lots of twist to expect while Bitcoin is trying to reached that value.

Keep doing your DYOR and if you have good amount of savings it's good to save some with Bitcoin.

wiss19

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Quote from: SquallLeonhart on May 06, 2021, 12:45:32 PM

I do believe that bitcoin will be 100k as well, I just do not think that it will happen right away that’s it. I think bitcoin will go up more and more over course of years, there will never be a limit what it will be and as long as bitcoin exists, the price will always have a long term profitable situation.

The difference is I can't give a date, we are talking about bitcoin here so it could become 100k this month, or it could be 4 years later, who knows? This is why I am not making any type of promises on what is going to happen, I just believe that it will happen and that’s it.

Moreover, when you write online that one coin will go up so much, others may take it seriously, world is filled with people who "read online that the price of this coin will go up so much" and ended up buying, they are idiots if you ask me, people who do not do their own research, but I still write carefully when I say something will go up, I try to emphasize that it might be today or 10 years from now and nobody knows about it but holding bitcoins for huge targets like $100k or $1M seems highly meaningful action as of now.

SquallLeonhart

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Quote from: rodskee on May 06, 2021, 05:19:48 AM

Quote from: Rruchi man on May 01, 2021, 06:10:41 PM

At this start of this year, there was a lot of hype about how high the price of bitcoin will get, some speculated that btc will set a new ATH of $100k before the first half of the year is over, others before the first quarter of the year.
This However has not been the case. We just passed the first quarter of the year and btc has not even gotten to $70k yet. Do you still think $100k is still possible before the first half of the year?

You have mentioned about the question but did not Give what's your basis for Bitcoin reaching that High easier? you are not contented about the 63,000$ value so what are you expecting more? Bitcoin climbing 100,000 and then drops badly because of manipulating?
or just let the value climb normally so we can see the progress and the realistic marketing?
it is your decision to what to believe or what to expect.

I do believe that bitcoin will be 100k as well, I just do not think that it will happen right away that’s it. I think bitcoin will go up more and more over course of years, there will never be a limit what it will be and as long as bitcoin exists, the price will always have a long term profitable situation.

The difference is I can't give a date, we are talking about bitcoin here so it could become 100k this month, or it could be 4 years later, who knows? This is why I am not making any type of promises on what is going to happen, I just believe that it will happen and that’s it.

Sled

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Bitcoin- in bullish time

Honestly, it is not a surprise and it was not magical that if we say it reaches $100k it will happen. Nope, the market never looks like that, we might able to see it happen but not to be instant, and I even not think it happens this year.

And some factors are,
- the market demand and support level is not enough
- many were taking the opportunity to sell their Bitcoins rather than to hold
- the moment hasn't come yet

Maybe it was a good idea not to stress ourselves thinking about it.

k@suy

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Quote from: inanilujimi on May 04, 2021, 04:51:47 PM

to reach $ 50k alone is already an amazing achievement at this point that bitcoin has made, hitting the $ 100k target is not a must to achieve this year because if you are not strong in the resistance it could cause a very severe dump, just let the process go. automatically because $ 100 would not be impossible if bitcoin had hit $ 50k at least only about 100% from now.

Bitcoin was already in a $50000 exchange rate by the month of March and being able to reach the amount of $64000 by the month of April. It is already quite impressive and amazing knowing that in how many years I am here in crypto community usually the time for us to tune for the next ATH of Bitcoin will always at the end of the year. But then bitcoin being able to make a new ATH even in the 2nd quarter of the year was amazing.

rodskee

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Quote from: Rruchi man on May 01, 2021, 06:10:41 PM

At this start of this year, there was a lot of hype about how high the price of bitcoin will get, some speculated that btc will set a new ATH of $100k before the first half of the year is over, others before the first quarter of the year.
This However has not been the case. We just passed the first quarter of the year and btc has not even gotten to $70k yet. Do you still think $100k is still possible before the first half of the year?

You have mentioned about the question but did not Give what's your basis for Bitcoin reaching that High easier? you are not contented about the 63,000$ value so what are you expecting more? Bitcoin climbing 100,000 and then drops badly because of manipulating?
or just let the value climb normally so we can see the progress and the realistic marketing?
it is your decision to what to believe or what to expect.

Twinscoin2017

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Quote from: Rruchi man on May 01, 2021, 06:10:41 PM

At this start of this year, there was a lot of hype about how high the price of bitcoin will get, some speculated that btc will set a new ATH of $100k before the first half of the year is over, others before the first quarter of the year.
This However has not been the case. We just passed the first quarter of the year and btc has not even gotten to $70k yet. Do you still think $100k is still possible before the first half of the year?

It takes time, bitcoin will rise in the next few months we only need to wait for it. Pump and dump is nature in crypto market we cannot control it and it makes the price rise very slow. But as what i have observe after the dump it rises back there is a posibility that bitcoin will really reach 100k$ in the next few months from now. This is my prediction base on the market status.

Dr.Osh

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the chances are still very big to see it happen this year. however, we shouldn't be in a hurry. a slow but sure increase in price is better than a sudden increase for no reason. however, currently I see bitcoin's development in a positive direction. So, the next bullrun will bring the price up to $ 100k. yeah, that's what I believe.

johnwhitestar

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Quote from: Fatunad on May 05, 2021, 06:09:38 PM

Quote from: johnwhitestar on May 05, 2021, 04:37:03 PM

I think it's possible to see the pattern of the Bitcoin price, but it's difficult to predict when it will be happen.

I personally estimate BTC will go up to 120-150k and then down to 30-40k for a long time.

Of course sooner or later the pattern could broke since there are new players in the game that may eat all or a part of the success of BTCs.

That's the main concern the BTC hodler may have.

Patterns are not precise but doesnt mean that they irrelevant because this market is really moving unpredictably neither it would be aligning with technicals or fully relying on fundamentals which
is really hard to presume on which one you would make use when you do make your analysis.Bitcoin could hit $100k but i dont see for it to happen for this year.We do even have a hard time
on breaking some resistance and now we are minding to reach $100k? Its better not to stress out yourself on when it would happen, just play with moving prices and
make yourself benefit out of it without needing to wait for long.

I don't consider to sell my BTC anymore, each time I tried to play with them I've lost them. I could've been rich now if I did nothing since I've bought, now I have only a tiny fraction of what I've bought originally but I'm going to hodl them at this point.

Fatunad

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Quote from: johnwhitestar on May 05, 2021, 04:37:03 PM

I think it's possible to see the pattern of the Bitcoin price, but it's difficult to predict when it will be happen.

I personally estimate BTC will go up to 120-150k and then down to 30-40k for a long time.

Of course sooner or later the pattern could broke since there are new players in the game that may eat all or a part of the success of BTCs.

That's the main concern the BTC hodler may have.

Patterns are not precise but doesnt mean that they irrelevant because this market is really moving unpredictably neither it would be aligning with technicals or fully relying on fundamentals which
is really hard to presume on which one you would make use when you do make your analysis.Bitcoin could hit $100k but i dont see for it to happen for this year.We do even have a hard time
on breaking some resistance and now we are minding to reach $100k? Its better not to stress out yourself on when it would happen, just play with moving prices and
make yourself benefit out of it without needing to wait for long.

macson

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Quote from: Rruchi man on May 01, 2021, 06:10:41 PM

At this start of this year, there was a lot of hype about how high the price of bitcoin will get, some speculated that btc will set a new ATH of $100k before the first half of the year is over, others before the first quarter of the year.
This However has not been the case. We just passed the first quarter of the year and btc has not even gotten to $70k yet. Do you still think $100k is still possible before the first half of the year?

mid-year is coming, i'm not sure $100k will happen anytime soon....not easy to reach $100k, need a strong pump for that, so be patient a little, mate.

$100k will probably happen in Q3 of this year. you can monitor this account, i like his/her predictions about the price of Bitcoin https://twitter.com/100trillionUSD

johnwhitestar

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Slimcoin - the Proof of Donation inventors!

I think it's possible to see the pattern of the Bitcoin price, but it's difficult to predict when it will be happen.

I personally estimate BTC will go up to 120-150k and then down to 30-40k for a long time.

Of course sooner or later the pattern could broke since there are new players in the game that may eat all or a part of the success of BTCs.

That's the main concern the BTC hodler may have.

Inspiron14

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Quote from: Rruchi man on May 01, 2021, 06:10:41 PM

At this start of this year, there was a lot of hype about how high the price of bitcoin will get, some speculated that btc will set a new ATH of $100k before the first half of the year is over, others before the first quarter of the year.
This However has not been the case. We just passed the first quarter of the year and btc has not even gotten to $70k yet. Do you still think $100k is still possible before the first half of the year?

I don't know, whether Bitcoin can reach $ 100k in the end of Q2 or not,
currently bitcoin still looks bullish but in TA Bitcoin prices are experiencing sideways and it's hard to determine whether Bitcoin will Pump or Dump,
yes if you still hold Bitcoin it should be. do not leave it and always monitor market conditions.

bitgolden

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Quote from: inanilujimi on May 04, 2021, 04:51:47 PM

to reach $ 50k alone is already an amazing achievement at this point that bitcoin has made, hitting the $ 100k target is not a must to achieve this year because if you are not strong in the resistance it could cause a very severe dump, just let the process go. automatically because $ 100 would not be impossible if bitcoin had hit $ 50k at least only about 100% from now.

Yeah, probably due to lack of more intensive investors/buyers, we are facing delay, it seems; but I agree getting into where we are trading right now itself must be a big achievement for bitcoin markets and we can continue believing into getting $100k at any time. People already speculated about doubling bitcoin prices in coming months so that we may reach $110k to $120k levels at any time.

Altcoins rise must be another reason to blame why we are not continuing our stronger bull rally.

rahmatrf331

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Quote from: Rruchi man on May 01, 2021, 06:10:41 PM

At this start of this year, there was a lot of hype about how high the price of bitcoin will get, some speculated that btc will set a new ATH of $100k before the first half of the year is over, others before the first quarter of the year.
This However has not been the case. We just passed the first quarter of the year and btc has not even gotten to $70k yet. Do you still think $100k is still possible before the first half of the year?

it could be that bitcoin could reach $ 100,000 within this year. considering that in the early quarter of this year the price of bitcoin graphs increased very drastically and it is estimated that by the end of this year it will rise even higher, but whether it can reach $ 100,000 is still in the forecast and is not certain.

Topic: Bitcoin not yet at $100k, why? - page 3. (Read 1100 times)