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Topic: bitcoin over 30k (Read 804 times)

legendary
Activity: 2660
Merit: 1074
January 18, 2021, 03:44:40 AM
#74
Bitcoin has crossed $30k , and has marked its ath close around $45k. More predictions on the price keeps coming, and today I saw the price prediction from Lindsey Lohan. I don't know who she is, and googled to know. She is an Actress and has predicted $100000 for bitcoin and $10k for ethereum.

The funniest part, I checked what is going on reddit about it. There it was mentioned Lindsey Lohan predicts bitcoin to reach $100000, ethereum to reach $10000 for $350 pay.  Cheesy Cheesy Some price predictions were also taking place in such a way.
The biggest it has ever been is 41.9k and not 45k. I am saying this not to just correct you but to give you more hope as well because you think 45k happened but it didn't happen and when it happens I want you to be very happy about it hopefully, if you end up thinking it was 45k and it becomes 45k you are not going to be happy but if you know it was under 42k the price going to 45k will be a big deal.

On top of that if we could reach to 45k, it will be half way there to the goal of 50k, and we are going to be basically half way to 100k when that happens as well, so these are all connected things. In any case, I hope bitcoin can see over 40k very soon (looks like tries that very early on) and stay there, if we can stay above 40k instead of just peaking above 40k, we can definitely reach 50k.
hero member
Activity: 1974
Merit: 534
January 17, 2021, 10:39:58 AM
#73
I read an article that the recent rally was just overdue and is based on a change in fundamentals. The bitcoin price didn't really move that much over the last 2 years while stocks and bonds are on very high levels. I am still convinced that the long term trend 9f bitcoins is upwards.
legendary
Activity: 3766
Merit: 1217
January 17, 2021, 08:31:05 AM
#72
Here perhaps it is more appropriate to give advice because I think everyone understands too. that the risk will be at your own responsibility. the price is now over bought to buy. wait for the bear price to be able to buy bitcoin at a cheaper price. at this time I think it's better to wait

I can't agree with your post. The signs from the market indicate otherwise. You are claiming that Bitcoin is over-brought. But in most of the exchanges, if you look at the order-books, the sell orders are much smaller than the buy orders. And it looks to me that there is some sort of a supply crunch in most of the markets, be it reulated exchanges, dex sites or peer to peer platforms.
member
Activity: 560
Merit: 26
January 17, 2021, 05:33:53 AM
#71
There are lot of speculations about bitcoin price last year and today we see the price over $30k. For those gambling with bitcoin I think these are the set of people who can regret being in the business.

But bitcoin is never hedge or home for gamblers. It's help you sustain inflation over long period of time instead of keeping your funds with banks.
Instead painting it as gambling, I will suggest futures as option instead of bitcoin.
We shouldn't forget bitcoin that it's a speculation asset, thus anything can happen. It current state doesn't mean it cant go back to $3k,be careful so you don't get caught by sellers especially whales.
sr. member
Activity: 1624
Merit: 267
January 16, 2021, 10:22:07 PM
#70
Even you are rich person you will need to study about the crypto because there is no exemption in losing money even you are rich or poor everyone will lose it. And also buying bitcoin is their option and if they taking risk is their decision because that is their money and better to mind our own business. Bitcoin price is volatile and we do not know if price is going to be good or bad.
member
Activity: 1358
Merit: 81
January 16, 2021, 06:35:36 PM
#69
The crypto market is bullish now since bitcoin remains at ATH. I am not pessimistic because bitcoin is on another level. It is no longer the bitcoin of the past, now there is more interest in that bitcoin is the digital asset of greater preference by large investors. The time has come for bitcoin, so we will be waiting for the fruits that the digital economy will have.

I want it to be more accessible, useful for the economy, that it generates more use cases, that it improves the quality of life of users. Above all that encourages innovation.
member
Activity: 182
Merit: 11
January 16, 2021, 07:20:03 AM
#68
Its no surprised that a huge number of people are investing more in Bitcoins upon seeing its ATH this year. Let's all admit that we are in awe while monitoring its great movement in the market, that catches all the interests and urge to every individual that is aiming to get rich and gain huge profits. And I believe that they are all aware to what kind of investment they were into. However, some people are so excited to get rich and expected so much profits and will end up nothing, a big regrets will always be at the end. No matter how aware and knowledgeable we are, we cannot still predict the unusual event to occur or the sudden changes of the movement that might cause a big loss to any investors. That is why the most important thing to do in investing here in Crypto world, is to always have an open and calm mind that could easily accept whatever the investment will went to.
member
Activity: 1204
Merit: 38
January 15, 2021, 12:40:59 PM
#67
I was a pessimist that bitcoin will go over 20k ,now it's over 30k

From my perspective btc is worthless same as cash ...it has no value for me

I get it ,it's volatile a speculator and market manipulator dream come true ...for them it has value

Question is how will be responsible for the suicides & murders...when they start happening ?

Poor people gamble their savings now thinking they will get rich quick ...

If your not rich be careful and read a lot about crypto ,see the good side and bad side of it before you invest in it .

How is going to pay when pension funds will start investing and they will lose people's money ? As some fund managers are already playing Russian roulette...

Stupid and corrupt govs  ...that's how i blame.

Bitcoin has got its intrinsic value which comes from the miners and the expenses, but if you believe that it is just worthless as cash then no one is going to convince you about bitcoin's technology and potential in the future.

Bitcoin was not made for poor or rich, its just for everyone so one who got skills can make money with its volatility nature or simply wait until a time comes when you have to convert your fiat to bitcoin to make any payments in the future.
sr. member
Activity: 854
Merit: 264
Crypto is not a religion but i like it
January 15, 2021, 09:57:37 AM
#66
Sometimes you will going to realize that money or bitcoin is not important because there are things that money or bitcoin can't buy. However, these instrument could also be mean a medium for happiness if not being controlled bynthese instruments. Other people tend to become greedy because of money and money had been making controlled to them especially when doing a decision making money over humanity. Well, bitcoin is more than 30K$ but what is it really all about having that bitcoin markey price for bitcoin?

We live now in such a time that it is already very difficult to say the classic "money is not happiness " because even in order to start something that will bring you happiness: from buying land for farming or building a house for living, you will need money. is quite stupid to say this statement  only if you do not mean here that happiness is not in money but in their quantity. In the opposite case, you are either a Buddhist or you are joking.
full member
Activity: 1190
Merit: 117
January 15, 2021, 08:23:14 AM
#65
Since Bitcoin managed to reach prices above $ 40,000, it has made Bitcoin more attractive to investors. But that doesn't mean the drastic
increase in Bitcoin makes it safe to use all the savings we have, to be entirely used for investing in Bitcoin. We must be aware that Bitcoin
has a very volatile price, so it could be that the Bitcoin price suddenly drops. So always use money that we can afford to lose to invest in Bitcoin,
and don't have thoughts of getting rich instantly from Bitcoin. This will make us make the wrong decisions, and can cost us money.
hero member
Activity: 2660
Merit: 630
Vave.com - Crypto Casino
January 15, 2021, 08:10:40 AM
#64

We must not deny that in fact Bitcoin is valuable, even in the COVID-19 situation that has caused other assets to collapse. Bitcoin in 2020 is
showing great performance.

The rise of bitcoin in the covid-19 time gave it the bigger push to highs because people came in to invest after they saw the price kept appreciating and other financial commodities kept falling. Bitcoin's value is very much appreciated as more investors kept hodling.
full member
Activity: 1274
Merit: 115
★Bitvest.io★ Play Plinko or Invest!
January 15, 2021, 05:33:19 AM
#63
I was a pessimist that bitcoin will go over 20k ,now it's over 30k

From my perspective btc is worthless same as cash ...it has no value for me

I get it ,it's volatile a speculator and market manipulator dream come true ...for them it has value

Question is how will be responsible for the suicides & murders...when they start happening ?

Poor people gamble their savings now thinking they will get rich quick ...

If your not rich be careful and read a lot about crypto ,see the good side and bad side of it before you invest in it .

How is going to pay when pension funds will start investing and they will lose people's money ? As some fund managers are already playing Russian roulette...

Stupid and corrupt govs  ...that's how i blame.

I find it funny that you care about the price while saying that it has no value for you and while your an old member of this forum,
It isn't new to us that there are those who invest blindly and thinks or believes that Bitcoin is the way for them to be rich in a short time.
We have been dealing with those kind of people for so long and we couldn't do anything but to show them and let them experience reality,
I know it is harsh but there is nothing we could do for them let them experience the reality on their own so they would know that there isn't any short cut for it those who gain so much from crypto have put up a lot of effort and trust in it.
legendary
Activity: 2646
Merit: 1106
DGbet.fun - Crypto Sportsbook
January 14, 2021, 06:47:32 PM
#62
Bitcoin has crossed $30k , and has marked its ath close around $45k. More predictions on the price keeps coming, and today I saw the price prediction from Lindsey Lohan. I don't know who she is, and googled to know. She is an Actress and has predicted $100000 for bitcoin and $10k for ethereum.

The funniest part, I checked what is going on reddit about it. There it was mentioned Lindsey Lohan predicts bitcoin to reach $100000, ethereum to reach $10000 for $350 pay.  Cheesy Cheesy Some price predictions were also taking place in such a way.
full member
Activity: 686
Merit: 125
January 14, 2021, 05:55:27 PM
#61
Sometimes you will going to realize that money or bitcoin is not important because there are things that money or bitcoin can't buy. However, these instrument could also be mean a medium for happiness if not being controlled bynthese instruments. Other people tend to become greedy because of money and money had been making controlled to them especially when doing a decision making money over humanity. Well, bitcoin is more than 30K$ but what is it really all about having that bitcoin markey price for bitcoin?
hero member
Activity: 2744
Merit: 588
January 14, 2021, 05:41:02 PM
#60
I don't agree if someone says Bitcoin is worthless, because the price of Bitcoin has continued to rise from its creation until now. Even current
Bitcoin demand comes from large companies with large market caps, if a large company decides to invest in Bitcoin, Bitcoin is definitely valuable.
We must not deny that in fact Bitcoin is valuable, even in the COVID-19 situation that has caused other assets to collapse. Bitcoin in 2020 is
showing great performance.

Noticed that the OP who is a Sr Member posting this kind of remark towards bitcoin?
Something is wrong with the picture. He achieved the rank of Sr Member, and yet, he is formulating some baseless comments here.
If he truly believes about his post, he should be out already from the forum.
I guess, he is just in denial stage. Can't accept the fact that bitcoin is worth a lot these days.
If anyone is still saying, it is worthless. He doesn't fully know what he's talking about.
hero member
Activity: 2870
Merit: 594
January 14, 2021, 05:35:26 PM
#59
in the last 2018 period there have been many people selling their assets, then investing in bitcoin and ending with a sad story. Hopefully this year many people will learn before deciding to invest their money.
I agree with you that those people who invested in bitcoin in 2018, and then ended up with a sad story, will not do this anymore.

You sure about that? I saw someone on my crypto community on Facebook who has lost a good amount of money in 2018 after he bought almost at the peak of the 2017 ATH. He got so impatient as the bear run lasts more than a year and sold more than half of his bag. But, that's how he learned how the price of Bitcoin moves. Sometimes you gotta learn the hard way.
He's back on track now, slowly acquiring Bitcoin because he already had a long term plan.

Yes, I hate to say this, but sometimes we crypto investors need to loss money to really gain a lot of experience to help up propel to the next level. Maybe they did lost a lot of money, but in return they got a valuable lesson on how to invest in bitcoin. There are risk involved, the price are not going to rise parabolic. Most of the time those little bumps along the way are what we needed to really understand how the market works.
hero member
Activity: 2716
Merit: 552
January 14, 2021, 05:12:00 PM
#58
in the last 2018 period there have been many people selling their assets, then investing in bitcoin and ending with a sad story. Hopefully this year many people will learn before deciding to invest their money.
I agree with you that those people who invested in bitcoin in 2018, and then ended up with a sad story, will not do this anymore.

You sure about that? I saw someone on my crypto community on Facebook who has lost a good amount of money in 2018 after he bought almost at the peak of the 2017 ATH. He got so impatient as the bear run lasts more than a year and sold more than half of his bag. But, that's how he learned how the price of Bitcoin moves. Sometimes you gotta learn the hard way.
He's back on track now, slowly acquiring Bitcoin because he already had a long term plan.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
January 14, 2021, 04:57:17 PM
#57
Actually it is depending on different kinds of people. If a person don't want to gamble then no one can force him/her to gamble. In every condition, we can't blame gov and we should understand that it is crypto world.
As you are saying it depends on the people. And that's how he sees it and to blame it to the government but you're also right that it's not about them because we're in the crypto world which is totally volatile and speculative. But the real deal is himself that don't believe it before that bitcoin will reach certain highs because now, it just keeps on breaking high prices that we haven't met before.
full member
Activity: 1624
Merit: 117
January 14, 2021, 04:14:26 PM
#56
in the last 2018 period there have been many people selling their assets, then investing in bitcoin and ending with a sad story. Hopefully this year many people will learn before deciding to invest their money.
I agree with you that those people who invested in bitcoin in 2018, and then ended up with a sad story, will not do this anymore. But those people who just came to the crypto world in the hope of getting rich quickly will invest in bitcoin for 30k and 50k. And perhaps for them, too, everything will end sadly.
legendary
Activity: 2884
Merit: 1117
January 13, 2021, 11:00:16 AM
#55
Increasing price of bitcoin is inevitable, it could go down as much as it can but at the end of the deal it is not going to stop here and never reach here ever again, people thought the same at 20k and they were wrong big time. Just because 40k was reached, doesn't mean that is the last one, it is going to be obviously a great price over that, maybe tomorrow, maybe 3 years from now but it will be there. Which means we need to buy bitcoin, we should buy bitcoin, not with all our money, because that would be idiotic, but it will definitely be smart to keep buying small by small once a month, that way I am sure we are going to end up with a decent price eventually.

Like I said I am not saying bitcoin will be 40k+ in a day, or a week, or even a month, or maybe not even a year, I can't know that, I hope it goes over 40k very very quickly but I can't know that, all I am saying is "one day" it will be 40k+ for sure.
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