bitcoin over 30k | Bitcointalksearch.org

jaberwock

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Quote from: Vaskiy on January 14, 2021, 06:47:32 PM

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

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.

Mauser

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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.

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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.

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Quote from: bosede1 on January 08, 2021, 09:20:31 AM

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.

Question123

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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.

verita1

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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.

Sapphire915

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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.

mersal

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Quote from: spy100 on January 04, 2021, 07:54:37 PM

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.

bits4books

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Quote from: erikoy on January 14, 2021, 05:55:27 PM

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.

MCobian

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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.

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Quote from: BuNga_cute on January 09, 2021, 05:48:32 PM

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.

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Quote from: spy100 on January 04, 2021, 07:54:37 PM

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.

Vaskiy

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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

Some price predictions were also taking place in such a way.

erikoy

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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?

TimeTeller

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Quote from: BuNga_cute on January 09, 2021, 05:48:32 PM

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.

Yaunfitda

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Quote from: Oasisman on January 14, 2021, 05:12:00 PM

Quote from: sportclub2010 on January 14, 2021, 04:14:26 PM

Quote from: dondonk on January 05, 2021, 09:57:24 AM

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.

Oasisman

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Quote from: sportclub2010 on January 14, 2021, 04:14:26 PM

Quote from: dondonk on January 05, 2021, 09:57:24 AM

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.

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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.

sportclub2010

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Quote from: dondonk on January 05, 2021, 09:57:24 AM

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.

FanEagle

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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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they use it because they think it is valuable, actually all commodities around the world also have no price at all.
because they think it is valuable.
Likewise with BTC, the initial exit was almost worthless but is now widely used.

By the way, most useless products usually still have a small, but the price Wink

What you have just said relates to pure philosophy, and in the real world economy in a market economy, almost everything can have a market price, the most important thing is that there is a seller and a buyer, and then the invisible hand of the market of Adam Smith comes into force.

BuNga_cute

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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.

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Quote from: spy100 on January 04, 2021, 07:54:37 PM

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

Bitcoin is worthless? $40k is worthless to you not to me tho, I know everyone is entitled to their own opinion about things, but you can't say a diamond worthless Cheesy

.

Quote from: spy100 on January 04, 2021, 07:54:37 PM

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

As I can remember no one forced weak hands to invest in bitcoin, every investment is risky, I believe they know about the risk before investing in bitcoin, so if there's any blow back it's definitely on them and not the bitcoiners, if they bought it earlier when it dipped last year, you won't be saying this.

ardentvolcanoes

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Quote from: ecnalubma on January 08, 2021, 12:25:49 PM

Take profits if necessary, don’t be too greedy even if the market is so bullish it doesn’t guarantee. People buying now are people who don’t care when the prices are at sale. The reason behind I’m into Bitcoin is I believe in its technology that’s definitely still undervalued.

A friend of mine has been keeping 15 bitcoins for over 6 years. When bitcoin was worth $ 9000, I advised him to take profit, but he said he was waiting for $ 100k.
Bitcoin is now worth $ 40,000, and it is still not going to be fixed. What is greed? Or a pragmatic calculation? I do not understand.

Wow! if I'm with his shoe I'll be in a rush selling those holdings and enjoy the rest of my life, not sure what your friend's thinking but

waiting for that huge amount will take more years, unless he have an inside knowledge with those people behind this system and he's

really positive that acceptance with this system will push the value to that range.

CryptoLogo

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Quote from: peter0425 on January 06, 2021, 06:28:17 AM

Quote from: CryptoLogo on January 06, 2021, 05:21:28 AM

What are you talking about? Everyone should think with his own head. And then suicides and deaths. If a person does not have enough brains to figure out what cryptocurrency is and how dangerous it is, then there is nothing surprising that he will lose money on it. Ie then his problem and his fault, and not those who created or supports the cryptocurrency.

Even those who has no Brains in Head that invest on Bitcoin wayback are now a Millionaire so whats the Suicide on that?

I meant that the comment on the starter's topic about the fact that suicides will be on the conscience of "managers or advisers" is not correct.
Everyone is responsible for his own life and is responsible for his actions. This is the same as saying that people who did not advise you to buy bitcoin for $ 3000 are to blame for this.

iv4n

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Quote from: ecnalubma on January 08, 2021, 12:25:49 PM

Take profits if necessary, don’t be too greedy even if the market is so bullish it doesn’t guarantee. People buying now are people who don’t care when the prices are at sale. The reason behind I’m into Bitcoin is I believe in its technology that’s definitely still undervalued.

Sometimes having high expectations and goals is fine, if you have good reasons to believe in them! Being greedy is one thing, believing in something more than in "making profit" is something else, let's not mix this too. Shorting, what most of us thinks about in bullish periods, we are trying to sell the top and buy back when price drops!

Quote from: ?? on ??

A friend of mine has been keeping 15 bitcoins for over 6 years. When bitcoin was worth $ 9000, I advised him to take profit, but he said he was waiting for $ 100k.
Bitcoin is now worth $ 40,000, and it is still not going to be fixed. What is greed? Or a pragmatic calculation? I do not understand.

A man with a plan! We need to respect that! For now, we can say he is doing just alright! If he waited 6 years, he is prepared to wait a few more for sure...by that time he will reach his goal!

Quote from: Jemzx00 on January 08, 2021, 02:54:41 PM

I too am at a confusion state just like everyone. Most of us were expecting for the price to be corrected at late December which didn't happened rather it pump and raise hard from breaking the 30k wall and now the 40k wall is reached. Right now, I expect the price to dip at 10k USD and be pump to 20-25k USD as the corrected price and the new normal for bitcoin. If we're lucky we can expect to see a normal price of 30k USD on the coming months after correction happen. Which I don't know when?!!!!!

I agree, I expected to drop after $20k...but after some time we saw $30k, I was thinking this is it... and hello $40k! For sure, I didn't expect this price, at least not now! Maybe be at the end of this year, November, December...not in January!
I heard some crazy predictions in the last few weeks! And to be honest I don't know what to expect... like always I will try to keep some coins safe, I will sell some and wait for possible dip, playing safe is recommended sometimes!

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Quote from: ecnalubma on January 08, 2021, 12:25:49 PM

Take profits if necessary, don’t be too greedy even if the market is so bullish it doesn’t guarantee. People buying now are people who don’t care when the prices are at sale. The reason behind I’m into Bitcoin is I believe in its technology that’s definitely still undervalued.

A friend of mine has been keeping 15 bitcoins for over 6 years. When bitcoin was worth $ 9000, I advised him to take profit, but he said he was waiting for $ 100k.
Bitcoin is now worth $ 40,000, and it is still not going to be fixed. What is greed? Or a pragmatic calculation? I do not understand.

I too am at a confusion state just like everyone. Most of us were expecting for the price to be corrected at late December which didn't happened rather it pump and raise hard from breaking the 30k wall and now the 40k wall is reached. Right now, I expect the price to dip at 10k USD and be pump to 20-25k USD as the corrected price and the new normal for bitcoin. If we're lucky we can expect to see a normal price of 30k USD on the coming months after correction happen. Which I don't know when?!!!!!

sapnu

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Quote from: ecnalubma on January 08, 2021, 12:25:49 PM

Take profits if necessary, don’t be too greedy even if the market is so bullish it doesn’t guarantee. People buying now are people who don’t care when the prices are at sale. The reason behind I’m into Bitcoin is I believe in its technology that’s definitely still undervalued.

Indeed, what you have said is advisable as of now since the price already reached the new ATH and it is really unbelievable to happen, also unpredictable. To those people who want to buy, make sure that you know the tools and indicators when you are trading that, but if you tried to take that as long-term holding, I don't think that is a good idea. Make sure you are well-knowledgeable about what you are doing so that you can prevent losing your own money.

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Take profits if necessary, don’t be too greedy even if the market is so bullish it doesn’t guarantee. People buying now are people who don’t care when the prices are at sale. The reason behind I’m into Bitcoin is I believe in its technology that’s definitely still undervalued.

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Quote from: BITCOIN4X on January 08, 2021, 12:09:01 PM

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To date, Bitcoin figures $ 41,350 and this is only at the beginning of the year. It's even hard to imagine what will happen a few months later, but the current situation is quite similar to 2017 after the halving. I believe that skeptics are still tearing their hair out because of poor forecasts.

If the benchmark of your current analysis is the Halving, then this should be the start of the ascent, the peak may be in late 2021 or early 2022. History doesn't have to be the same and Bitcoin can go up and down more than people predict and it has happened many times before today. This increase will continue and the volatility will always be there. At least in the near future bitcoin will not go down based on what I currently believe.

Honestly, there is no benchmark that is relevant anymore if you compare it to 2017/2018. reuters gave the news that bitcoin will continue to experience a positive trend up to $140k, do they have a solid foundation? I guess it's just speculation right. yes bitcoin probably won't go down like 2 years ago if people started using it in a complex system

BITCOIN4X

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To date, Bitcoin figures $ 41,350 and this is only at the beginning of the year. It's even hard to imagine what will happen a few months later, but the current situation is quite similar to 2017 after the halving. I believe that skeptics are still tearing their hair out because of poor forecasts.

If the benchmark of your current analysis is the Halving, then this should be the start of the ascent, the peak may be in late 2021 or early 2022. History doesn't have to be the same and Bitcoin can go up and down more than people predict and it has happened many times before today. This increase will continue and the volatility will always be there. At least in the near future bitcoin will not go down based on what I currently believe.

BITCOIN4X

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Quote from: spy100 on January 04, 2021, 07:54:37 PM

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

I am interested in this. What you need to realize today is that bitcoin is not the get-rich-quick scheme they think it is. Even though you have the potential to reap a return of 100% or even more than your current investment value, it is clear that this investment is not one of these schemes. Traders and investors are always in an advantage and disadvantage situation because basically the volatility will remain. This is an investment risk and you should be aware of it.

Anyone has the right to choose where to spend their money in the sense that your money is your responsibility. If someone decides to invest in bitcoin, they should be aware of the investment risks from the start. There is no investment without risk.

bosede1

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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.

bits4books

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Or maybe you'll let people decide for themselves what to do with their lives? Everyone dislikes the state so much because it is against cryptocurrencies and does a lot of things to limit its use, and then you come and say that " who will be responsible?". People are quite free to decide for themselves what to invest in and in what amount.
You don't against (or against?) ordinary means of investment like shares, bonds or futures, etc. So why are you now saying that someone should be held accountable for the actions of other people?
It's time to get used to the fact that no one owes you anything and only you are responsible for yourself. You're not 10 years old after all.

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Quote from: AndySt on January 07, 2021, 06:23:25 PM

Quote from: ethereumhunter on January 07, 2021, 04:34:24 AM

So from that, it could trigger bitcoin price to increase more than that, and it could invite many more people to come to crypto because of them see the benefits of bitcoin to them. If that happens, bitcoin will break $40k this year, and it could be up to $50k.

Another important reason is the events that have taken place in recent days in the United States and this growth can reach 50 thousand dollars, another question is that when the president-elect enters normally to fulfill his duties, then we can expect a good correction and it is completely unclear from what positions the exchange rate price will gain back its heights, and this can make a big difference.

Finally, bitcoin can break $40k even reach $41k, and still rising to a higher price. Slowly but sure, the price increase, and no matter if the price is down, the price can gets up and break the next higher price. Maybe after this, we will see another correction, so please be careful to get your profit, and close your trade if you are doubt with the market.

raidarksword

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Bitcoin just reached $40k yesterday which is the new all time high that we are longing for a long time hence we are now enjoying the bull run seasons since last 2017 we had. It's also expected to have a price correction and hoping for a new all time high price is pretty inevitable during these days.

AndySt

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Quote from: ethereumhunter on January 07, 2021, 04:34:24 AM

So from that, it could trigger bitcoin price to increase more than that, and it could invite many more people to come to crypto because of them see the benefits of bitcoin to them. If that happens, bitcoin will break $40k this year, and it could be up to $50k.

Another important reason is the events that have taken place in recent days in the United States and this growth can reach 50 thousand dollars, another question is that when the president-elect enters normally to fulfill his duties, then we can expect a good correction and it is completely unclear from what positions the exchange rate price will gain back its heights, and this can make a big difference.

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$40k++ new all time high. All investments have risk, not just bitcoin. I had a debate with some of my friends, not trying to convince them, but they want an assurance how much profits they are going to earn. Lol, very wrong mindset as we really don't know what the future brings.

Quote from: ?? on ??

If you will treat Bitcoin that way then I suggest that you must stay away of this investment too. Anyway, everyone is entitled to their own opinion but all of these that you have said against Bitcoin is can be happen also in other investments which is common for an investment as long as money were involved.

Your investment won't grow if you treat it negatively. You need to trust on bitcoin because it won't be here for above 10 years if its not a profitable one. I suggest you should change your mindset towards bitcoin. Bitcoin is already $30k above and with its growing institutional investors, its massive adoption is close to its reality. So think twice, either you believe and invest on bitcoin, or simply don't start investing anyway.

Not just believed or trust, but we have seen it grow in the last ten years with huge returns for investors and still growing up to this point. And there are a lot of investors right now, institution and companies that you have to think that those people are not stupid to throw huge money in the market.

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Quote from: ?? on ??

Bitcoin had really a blast at the end of 2020 and up to the present, bitcoin is still gaining high momentum to keep on going upward. It's not surprising anymore if in the next days, our new ATH is already $50k. But behind these good times for bitcoin, we should not forget to keep investing on the amount we can afford to lose. We don't hold the future of bitcoin so we should still be careful and cautious.

I think the pandemic is one reason why digital money became booming in the last year. Hence, people tried to use the digital money, whether it is a cryptocurrency or digital currency from our countries. It triggers the using of bitcoin was increased as many people stayed at their home, which means they have much time to browse the news. People see the advertising about bitcoin, and they decide to search for more info, and finally, they interested in bitcoin, and decide to invest in bitcoin.

So from that, it could trigger bitcoin price to increase more than that, and it could invite many more people to come to crypto because of them see the benefits of bitcoin to them. If that happens, bitcoin will break $40k this year, and it could be up to $50k.

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Quote from: spy100 on January 04, 2021, 07:54:37 PM

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 guess you changed your mind now, because btc is not unreliable as it seems. It can really be your friend in times of need. Look at me, I already spend few of my savings to sustain my daily living and yet my remaining balance continue to grow. But actually, I'm not expecting a fast pump as well. Welp I think we should stop doubting bitcoin from now on Cheesy

.

Quote from: spy100 on January 04, 2021, 07:54:37 PM

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 ...

Exactly! That's the problem. Some people got a mindset of becoming rich overnight that's why they end up losing in the end. The key is to avoid too much expectations in this volatile market. Get rid of overvonfidence and always mind that every money you put in line can give you fortune as well as misery. Every investor should be aware of the reality and not living on their fantasies. Stop daydreaming that bitcoin will make you rich quick, able you to buy a Lambo etc. etc. Just be logical all the time to avoid making wrong decisions.

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Quote from: The Sceptical Chymist on January 06, 2021, 04:59:04 PM

The price rise is coming from some intense buying--it's as simple as that, but as to who those buyers are is anyone's guess.

Institutions, from the look of it. Retail investors don't usually have billions of dollars to drop on OTC deals: Bitcoin Worth $1B Leaves Coinbase as Institutions ‘FOMO’ Buy

That's why the price is rising so fast, because of the sheer size of these buys.

We'll find out in a month or three which companies were buying, if not through public announcements then probably through SEC filings.

Quote from: The Sceptical Chymist on January 06, 2021, 04:59:04 PM

I'm fine with bitcoin being at $34k (though I never in my wildest dreams expected it to reach that level so soon), but the thing that worries me is that the market might be repeating the run-up to December 2017 all over again. For everyone's sake, including those companies that bought large amounts of bitcoin, I am hoping that's not going to be the case.

What's wrong with another 2017 run? The companies buying now still have plenty of upside. Most likely, the bottom of the next bear market will be higher than here.

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Un f...king believable , i am romanian ...i couldn't even possible imagined the things are happening today in the USA ,protect your democracy USA ... your a country that i learned a lot of good things from ...

https://www.youtube.com/watch?v=AVKy_xzSiXI

Damn ! just unbelievable ... forget btc s..hit it is going to get real this year ...

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With the current Bitcoin price which is already at $ 36,300 does not mean it is safe for investment, don't invest in Bitcoin because you want
instant profit and get rich quickly. If you are among those who think so, you should not invest in Bitcoin, because in the end you will experience
losses.

The easiest example is the occurrence of Bitcoin reaching an all time high in 2017, many investors buy at peak prices and end up losing money
after shockingly dumping Bitcoin. So investing in only something we understand, if you want to invest in Bitcoin first learn all things related to
Bitcoin. Don't be in a rush to make a profit without understanding Bitcoin.

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Quote from: The Sceptical Chymist on January 06, 2021, 04:59:04 PM

Quote from: jackg on January 04, 2021, 08:07:41 PM

I value the technology, lesser so the currency. I've been watching the price and see people making predictions of it going a lot higher but I doubt I trust the current pricing or where the rise is coming from...

The price rise is coming from some intense buying--it's as simple as that, but as to who those buyers are is anyone's guess. I've been saying that those large companies like MicroStrategy and Grayscale have driven up demand and thus the price of bitcoin, and this in turn has brought a lot of new speculators into the market.

I'm fine with bitcoin being at $34k (though I never in my wildest dreams expected it to reach that level so soon), but the thing that worries me is that the market might be repeating the run-up to December 2017 all over again. For everyone's sake, including those companies that bought large amounts of bitcoin, I am hoping that's not going to be the case.

And man, if you'd asked me in April 2020 when bitcoin would hit $10k again, I would have predicted no earlier than mid-2021. Yep, I suck at predictions and bitcoin has a crazy mind of its own.

Definitely, some companies are buying in large quantities because reaching at 36k, somebody is hoarding bitcoin here. It maybe several companies but it is understandable if they will not disclose their buying spree to the public. With this rise, of course, if you are a holder, you do need to keep up with the market especially if you are waiting this moment to sell some of your portfolio. We already reached another milestone for bitcoin, which, a lot of people don't even expect this to happen fast.

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Quote from: jackg on January 04, 2021, 08:07:41 PM

I value the technology, lesser so the currency. I've been watching the price and see people making predictions of it going a lot higher but I doubt I trust the current pricing or where the rise is coming from...

The price rise is coming from some intense buying--it's as simple as that, but as to who those buyers are is anyone's guess. I've been saying that those large companies like MicroStrategy and Grayscale have driven up demand and thus the price of bitcoin, and this in turn has brought a lot of new speculators into the market.

I'm fine with bitcoin being at $34k (though I never in my wildest dreams expected it to reach that level so soon), but the thing that worries me is that the market might be repeating the run-up to December 2017 all over again. For everyone's sake, including those companies that bought large amounts of bitcoin, I am hoping that's not going to be the case.

And man, if you'd asked me in April 2020 when bitcoin would hit $10k again, I would have predicted no earlier than mid-2021. Yep, I suck at predictions and bitcoin has a crazy mind of its own.

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Quote from: CryptoLogo on January 06, 2021, 05:21:28 AM

What are you talking about? Everyone should think with his own head. And then suicides and deaths. If a person does not have enough brains to figure out what cryptocurrency is and how dangerous it is, then there is nothing surprising that he will lose money on it. Ie then his problem and his fault, and not those who created or supports the cryptocurrency.

I doubt that there are many people who die because of their bitcoin investment, that doesn't really sound like a big demographic, and compared to wall street deaths where people lose a ton of money, I doubt that would be a big deal here in crypto.

First of all as long as you get in with the amount of money you can afford to lose, you are not going to have any problem, because since it is money you can afford to lose, the worst thing that could happen would be losing that money and that's it, secondly if you end up even losing for a while, in crypto world there is no forever, it will not profit forever, it will not lose forever, so if you end up going down after a while, just wait it out and you are going to reach back to profits once again. Let me put it this way, people who invested at 2017 peak and waited until today, made over 60% profit today, that's right, for each 20k you put in, you got back 35k, and that is actually quite a good return and that is after 3 years of worse market.

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Obviously, no one expected such a growth in BTC. The saddest thing is that sooner or later it will fall anyway, this is the law of the market. I have always felt sorry for people who invested their last money in cryptocurrency in the hope of getting rich, these actions most often ended in failure. BTC should not be viewed as a means of earning, it is rather a lottery.

hahay

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It is a safe haven so no wonder when the price continues higher, even an influential person said about bitcoin will be able to replace gold even though I personally assume it is not possible. It was the same when I first got to know bitcoin where I thought bitcoin could never get a high price, but what is happening now even things like this have been predicted many times before and it is becoming a reality now.

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Quote from: btc_angela on January 06, 2021, 03:39:24 AM

Quote from: passwordnow on January 05, 2021, 12:41:06 PM

Every investor is responsible for their own actions. Bitcoin is not responsible for any loss that an investor will make. And just like the disclaimer of other investments, that is why you'll see plenty of reminders to only invest what a person can afford to lose.
It is sad when there are people that commits the unexpected and bad thing of taking their lives. Just like the guy who saw his balance on Robinhood in negative just last year.

Exactly, not just bitcoin but even stocks or forex or every market that involves our money, it's our own responsibility and we shouldn't blame other for our loose. And for those who committed suicide, I feel sorry for them, like the kid on that Robinhood case.

That's why before we enter crypto trading, we should understand that anytime we might lose our money as quick as we gain them, so education is the key here.

It is our portfolio, it is our money and we're the one decide whether we will sell or hold or buy. That's a very simple action to call in investing in bitcoin. Understanding that it's truly volatile should be done by anyone who wants to enter. Not only because they see it pumping and keeps on being bullish, they should have done their research first before investing. But this time, many have learned on 2017-2018 bull run and I think most newbies who are entering learns to make their research before putting up their own assumptions.

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Quote from: spy100 on January 04, 2021, 07:54:37 PM

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 .

You are very careless if you are investing without doing research on what you are investing, you should do research on everything especially the not your key not your coin thing, because you are going to be responsible on all your investment on how you are going to protect it and how you are going to keep, you should also learn how to feel the market and do the right timing on when and how to sell, you cannot be careless because you can end up losing everything.

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I do not feel pessimistic waiting for the bitcoin price breaks $20k, $30k, or $40k, but I do not have the right time when it will happen. I can only wait, wait, and wait while trying to buy more bitcoin before starting a rally. And all of that is happening just like that, and the price is not stoppable when it starts the rally and breaks $20k, and now we see the price can break over $30k. Sooner or later, the price will break $40k and more than that price, and hopefully, the price will have a chance to break $50k.

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It is above 35,000 or better say it Breaks the 36,000 few hours ago and looks like will Be having another Pump coming as the price stays at 35,000 and no sign of bouncing back .

But what we are not giving a look is EThereum in which now staying at 1,100$ and Litecoin is on the run to $200

Quote from: CryptoLogo on January 06, 2021, 05:21:28 AM

What are you talking about? Everyone should think with his own head. And then suicides and deaths. If a person does not have enough brains to figure out what cryptocurrency is and how dangerous it is, then there is nothing surprising that he will lose money on it. Ie then his problem and his fault, and not those who created or supports the cryptocurrency.

Even those who has no Brains in Head that invest on Bitcoin wayback are now a Millionaire so whats the Suicide on that?

CryptoLogo

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www.fintropy.io

What are you talking about? Everyone should think with his own head. And then suicides and deaths. If a person does not have enough brains to figure out what cryptocurrency is and how dangerous it is, then there is nothing surprising that he will lose money on it. Ie then his problem and his fault, and not those who created or supports the cryptocurrency.

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Quote from: spy100 on January 04, 2021, 07:54:37 PM

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

Pessimist? You mean you were afraid that it will go above 20k? But then you say bitcoin is worthless and has no value for you, then why do you worry and care so much about the price?

Quote from: spy100 on January 04, 2021, 07:54:37 PM

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

I have never seen someone say something dumb like this.

Quote from: spy100 on January 04, 2021, 07:54:37 PM

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

Why would anyone be responsible? No one forced them to invest in it. They knew the risks and they invest in it. You take a decision and you face the consequences. This is how it works. You can't just kill yourself for your stupid decision and start blaming people for it.

Quote from: spy100 on January 04, 2021, 07:54:37 PM

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

If they think they will get rich quick by investing in crypto currencies, its their own fault. They should have invested their time in learning about it instead of jumping right into it.

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Quote from: Mauser on January 06, 2021, 03:50:00 AM

Quote from: spy100 on January 04, 2021, 07:54:37 PM

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 ?

Why should there be murders because of bitcoins? You can't reallly rob a guy on the street and demand his bitcoin wallet and not his real wallet. In my opinion security is much better with crypto currencies than with FIAT currencies.

Also 30k is not going to be the end of Bitcoins, the rise is going to continue this year.

With how healthy the market shows right now, I agree that it won't stop for now.

The value still have a big room to grow and more and more people will proceed and invest to this market, you just need to continue
working with your own perspectives. In terms of securities as long as you are discreet with your assets you are more secured than
owning a huge amount from your bank accounts.

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Quote from: spy100 on January 04, 2021, 07:54:37 PM

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 ?

Why should there be murders because of bitcoins? You can't reallly rob a guy on the street and demand his bitcoin wallet and not his real wallet. In my opinion security is much better with crypto currencies than with FIAT currencies.

Also 30k is not going to be the end of Bitcoins, the rise is going to continue this year.

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Quote from: passwordnow on January 05, 2021, 12:41:06 PM

Every investor is responsible for their own actions. Bitcoin is not responsible for any loss that an investor will make. And just like the disclaimer of other investments, that is why you'll see plenty of reminders to only invest what a person can afford to lose.
It is sad when there are people that commits the unexpected and bad thing of taking their lives. Just like the guy who saw his balance on Robinhood in negative just last year.

Exactly, not just bitcoin but even stocks or forex or every market that involves our money, it's our own responsibility and we shouldn't blame other for our loose. And for those who committed suicide, I feel sorry for them, like the kid on that Robinhood case.

That's why before we enter crypto trading, we should understand that anytime we might lose our money as quick as we gain them, so education is the key here.

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Quote from: dondonk on January 05, 2021, 09:57:24 AM

I regret people who suddenly invest their funds in bitcoin just because they want to get rich quick, 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.

There will still be people that will be doing the same shit last 2018, they are the ignorant ones that do not know that bitcoin is volatile and should never be considered as a primary investment. I am not being pessimist, I am just being realistic in the current situation. You do not have to feel bad about this people because it is in their volition that they bought at the current prices.

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I am pessimistic about it too. I even said once it won't go above $25k.
But it's not because I don't believe in it.
For me, the value of one thing is not about the price given to it. (especially in USD)
It's about the features of it. The usage. The support from the public.
I can't say I am happy with what is happening. It actually scares the hell out of me.

davis196

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If cash is so worthless,then why don't you just throw some cash out of the window. Grin

Get a big pile of cash and burn it in front of your house.This is how you will prove that cash is worthless. Grin

What suicides and murders are you talking about?Should we blame Bitcoin for the mental condition of all the people with psychic problems and gambling addictions?
Yes,Bitcoin is a speculative financial asset?And so what?Crypto trading isn't illegal.
You are like all the people,who are thinking "Bitcoin price goes up,but I have zero BTC,so I'm frustrated and I'm going to s*it all over Bitcoin in a forum". Grin

iamsheikhadil

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I don't get what you want to imply when you said about suicide and murders. Who will do these?

Gambling was an industry even before crypto, and people still lost their entire savings when they couldn't stop gambling and hence they might have taken extreme steps like suicide out of depression. We can't really blame Bitcoin for people using it for gambling purposes.

However, I agree to what you say about investing in it by dreaming that it might make someone rich overnight, well, it's like a big lottery, lots of people are actually really becoming rich by investing in crypto, while for many, they are in huge loss. Luck factor can never be eliminated in any form of investments, so yeah, also never put all your money and investments in one basket as they say!

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Quote from: spy100 on January 04, 2021, 07:54:37 PM

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

Different people have different perspective.
You see BTC as worthless, some see it as a digital gold, some see it as their way to achieve financial freedom. It depends on the people who is into it

.

Quote from: spy100 on January 04, 2021, 07:54:37 PM

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 ...

Well, like I said it will depend on how the people decide for themselves. These things are inevitable because it will depend on how the person decide with it.
Suicides and murders often happen to those greedy people and those people who are in huge debt because of crypto. There are some people who are risking their savings thru investing it into crypto and there are some who are loaning just to have money to invest into it.

Can we blame Bitcoin for their actions?? Hell no. Bitcoin is just being used here. Blame the people for their wrong decisions.

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Quote from: sarmrakib on January 05, 2021, 09:58:19 PM

Quote from: dondonk on January 05, 2021, 09:57:24 AM

I regret people who suddenly invest their funds in bitcoin just because they want to get rich quick, 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 think he who were sell their asset to buy btc if they hold their nerve till now they are surely get rich .See the price is still climbing to the up .I think btc will grow more as the game has started now .I think it will not stop before 50k$ makk .The momentum of bullish trend is looking so good to get more worth .

There is a possibility that bitcoin will hit or reach the $50K mark if the momentum of the bullish trend will continue because whales are still holding their bitcoin, and institutions are continuously buying bitcoin and other cryptocurrencies. It is why bitcoin has currently created its new ATH again, which is $35K.

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Quote from: dondonk on January 05, 2021, 09:57:24 AM

I regret people who suddenly invest their funds in bitcoin just because they want to get rich quick, 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 think he who were sell their asset to buy btc if they hold their nerve till now they are surely get rich .See the price is still climbing to the up .I think btc will grow more as the game has started now .I think it will not stop before 50k$ makk .The momentum of bullish trend is looking so good to get more worth .

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Quote from: spy100 on January 04, 2021, 07:54:37 PM

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

The millions of traders and investors are not sharing your opinion and sentiments, they just move on and make money and taking profit from the market, while you are sulking and complaining that Bitcoin has no value, that's old thinking and to think that you are already a senior member of this forum, how did you reach that rank without even knowing there's huge profit to be made in Cryptocurrency market.

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Quote from: dondonk on January 05, 2021, 09:57:24 AM

I regret people who suddenly invest their funds in bitcoin just because they want to get rich quick, 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.

As at this time bitcoin has made many more profit and the margin of profit is huge bro. If you check price now and you see the difference in march last year, you will appreciate the investment in bitcoin. Last year to this time is a wise investment for those who put in their money. Surely investment is about profit and lose and for now, it is speaking profit.

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For BTC, it's the security feature of BTC that makes it valuable that even 51% isn't possible. So far it didn't happen.
Sadly you might just be a pessimist still even after it broke $30K, there are optimistic who believes its price could go beyond $300K. That $30K is just a tiny part of the $300k, maybe that will change your mind about it.

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Every investor is responsible for their own actions. Bitcoin is not responsible for any loss that an investor will make. And just like the disclaimer of other investments, that is why you'll see plenty of reminders to only invest what a person can afford to lose.
It is sad when there are people that commits the unexpected and bad thing of taking their lives. Just like the guy who saw his balance on Robinhood in negative just last year.

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If you see 2021 ATH, mempool wasn't as congested as 2017/2018 ATH. Maybe:
- People use segwit -> more capacity.
- People don't store BTC in their own wallet (use exchange).

or

- Average people haven't got into BTC yet, which is an obvious pump and price manipulation.

If this situation because of the first scenario, the price is sustainable to reach a higher level.

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Quote from: spy100 on January 04, 2021, 07:54:37 PM

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

If there is no value and no value, then how many times have you traded and pocketed the profits from your sales in your portfolio?

Quote from: spy100 on January 04, 2021, 07:54:37 PM

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

It is true that someone is attracted to crypto not only in terms of the advantages that most people hear about nowadays, but as an alternative when the pandemic situation continues to be in lockdown, thus encouraging someone to organize their finances to keep growing. from time to time.

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I regret people who suddenly invest their funds in bitcoin just because they want to get rich quick, 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.

CODE200

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Quote from: spy100 on January 04, 2021, 07:54:37 PM

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

The fact that the opinion of an individual won't change the majority's, makes no sense on this statement. Bitcoin and fiat has a value that why people are making use of it in daily transactions. Maybe you are referring to its value in your life in a way that you are not putting that much of importance to money, I guess.

Quote from: spy100 on January 04, 2021, 07:54:37 PM

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 ...

This is another concern. Investing is subjective and voluntary. If you would risk something, you are the one responsible with the outcome of your action. Money is power, and its concept is deceiving. Cases of such are not isolated and reflects to many things. The market value of Bitcoin is increasing right now and people will have different assumptions of it which would affect their actions toward this technology.

Quote from: spy100 on January 04, 2021, 07:54:37 PM

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

That's far from previous statements and is not a valid argument.

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Quote from: spy100 on January 04, 2021, 07:54:37 PM

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 value the technology, lesser so the currency. I've been watching the price and see people making predictions of it going a lot higher but I doubt I trust the current pricing or where the rise is coming from...

Quote from: spy100 on January 04, 2021, 07:54:37 PM

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 ...

The poor and the rich alike are going to do this and I feel this is entirely the fault of governments.
People in the US in public schools afaik have NO financial education afaik, in Europe you get some education on how to file taxes, set up a business, invest (not to pull out when stuff falls - stock market) but they still don't teach much on it.

Quote from: spy100 on January 04, 2021, 07:54:37 PM

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.

Pension funds look really bad just generally.

In the UK when you pay into your pension to a company, the government adds 25% on to it from what I can tell for the moment - that's a lot of money going into mismanagement pensions themselves shupd be a way for people to save for their retirement but instead they look to be a way to employ a whole other company from your own and pay someone of your breed an extortionate amount do not do very much...

spy100

sr. member

Activity: 658

Merit: 257

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.

Topic: bitcoin over 30k (Read 804 times)