Bitcoin prospects | Bitcointalksearch.org

lepbagong

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Quote from: Moeda on May 22, 2024, 08:10:48 AM

Quote from: ahmadeed on February 28, 2024, 04:02:10 AM

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?

There is no limit to Bitcoin's rise. Market conditions are very dependent on big fish. If they are still not full, of course they will continue to buy. But they can also spit it out again, so you also need to be wary of sudden price drops.

Indeed, Bitcoin has no limits on being able to increase according to market demand and not just depending on whales, because the role of the community can also make a contribution which will be seen in daily trading on Bitcoin.
Whales sometimes manipulate simultaneously for their desires, but I believe their role does not last long as demand is greater than supply. Agreed, no one can predict an increase or, what you say, a decrease. There will always be an event like this.

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Quote from: STT on May 25, 2024, 06:49:55 PM

If BTC stays still just moderately ticking over in its existence but not especially altering in any significant way but Dollar declines, then this will raise the price. What makes BTC rise especially larger amounts then expected is that it has far more growth then expected, the reason being we relate to a global audience. Dollar decline is already serious, its the global reserve currency and every central bank in the world holds quite a large part of their reserves in Dollars with smaller amounts in Euro and a few others. This is done for stability, to ease trade and allow liquidity in that economy for attempting parity in import/export good trade practice etc.

If Dollar is unstable and unsuitable for global use, with large deficits from political overspending, unservicable debt and out of control money printing it does mean a better product will have to come into use. I personally dont expect BTC to have some absolute take over, point is it doesnt have to be as just 1% is gigantic for something so new in invention and the world overall does have growth so being part of that is why BTC is such a surprising growth product I think.

Not some abstract idea, but the future of money. Many still view Bitcoin as speculative, but it's a paradigm change. Bitcoin has no government or central bank affiliation. That means it disregards their policies and mistakes. All of us observe inflation and currency devaluation. The world is a carnage. Bitcoin has a limited supply. Like digital gold, but more practical for the 21st century. OK, so Bitcoin won't replace the dollar tomorrow. The end is near. It protects against fiat currencies' decline. Consider it wealth insurance

Bitcoin is still young. A tiny portion of the worldwide financial market. However, there's potential. As people see the realities of the existing banking system, they'll look for alternatives. Bitcoin awaits them. Bitcoin isn't simply about making money. Control your financial future. An open, secure, and unchangeable system is what it's about. It's about investing on technology and decentralization empowering people, not governments or banks. It's a lot to process, yet this is genuine. The Bitcoin revolution is real. Stop ignoring history if you want to be right

Essential10

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We can't tell the limit on Bitcoin's price growth, where it can go and stop. When we saw Bitcoin reach its peak value before the halving, many did not realize the speed at which this would happen. Usually before the Bitcoin halving, the price of Bitcoin falls but this time there was an exception, the price took a mild correction and came back very quickly. It is possible that very soon Bitcoin may reveal new highs. Many are making various plans to hold on to the investment for as long as possible and reap a good dividend. Only to hold Bitcoin for new ATH entry where the target may exceed $100k by the end of the year.

Xcode7

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Quote from: macson on May 25, 2024, 06:46:26 PM

Quote from: ahmadeed on February 28, 2024, 04:02:10 AM

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?

From what i have noticed so far, the increase in the price of Bitcoin is not limited, even in the very long term, the price of Bitcoin has the potential to exceed 1 million dollars. For now, there are still quite a lot of people who are doubtful about Bitcoin, they don't know that Bitcoin is an asset that is completely immune to anything and has very loyal holders, the next Bitcoin will never exist, there is only one Bitcoin, it will never be replaced.

From what has happened since the past, no one should doubt Bitcoin anymore because the price is always able to recover, but in the long term, no one knows about how Bitcoin will be, but what is certain is that if technology in this world continues to develop, the price of Bitcoin will continue to be able to recover. recovering despite price corrections occurring as has been the case for now.
I don't overpredict the price of Bitcoin but I believe in new highs that we can always see in a few years.

peter0425

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Quote from: Elon_gida on May 22, 2024, 08:20:35 AM

Bitcoin's been on a wild ride! It's exciting, sure, but kinda scary too. The price jumps all over the place, and sometimes it feels like the whole system could get clogged up.

Investing is risky and without proper knowledge, it can be scary as it is unpredictable and unexpected. But these risks can be easily overcome if you just study as much as you can and keep a balanced state of mind.

Quote

Governments are still trying to figure it all out, and the amount of energy it uses is crazy.

The government is trying to figure it out as much as they are tying to shut it. Some government are not very keen on the concept of bitcoin. Some even actively go against it.

And for the energy it consumes, yes it’s a huge consumer of energy but not one of the biggest as of now and advanced technology are being developed as of right now to try and alleviate some of the energy crisis.

STT

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If BTC stays still just moderately ticking over in its existence but not especially altering in any significant way but Dollar declines, then this will raise the price. What makes BTC rise especially larger amounts then expected is that it has far more growth then expected, the reason being we relate to a global audience. Dollar decline is already serious, its the global reserve currency and every central bank in the world holds quite a large part of their reserves in Dollars with smaller amounts in Euro and a few others. This is done for stability, to ease trade and allow liquidity in that economy for attempting parity in import/export good trade practice etc.

If Dollar is unstable and unsuitable for global use, with large deficits from political overspending, unservicable debt and out of control money printing it does mean a better product will have to come into use. I personally dont expect BTC to have some absolute take over, point is it doesnt have to be as just 1% is gigantic for something so new in invention and the world overall does have growth so being part of that is why BTC is such a surprising growth product I think.

macson

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Quote from: ahmadeed on February 28, 2024, 04:02:10 AM

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?

From what i have noticed so far, the increase in the price of Bitcoin is not limited, even in the very long term, the price of Bitcoin has the potential to exceed 1 million dollars. For now, there are still quite a lot of people who are doubtful about Bitcoin, they don't know that Bitcoin is an asset that is completely immune to anything and has very loyal holders, the next Bitcoin will never exist, there is only one Bitcoin, it will never be replaced.

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Quote from: Moeda on May 22, 2024, 08:10:48 AM

Quote from: ahmadeed on February 28, 2024, 04:02:10 AM

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?

There is no limit to Bitcoin's rise. Market conditions are very dependent on big fish. If they are still not full, of course they will continue to buy. But they can also spit it out again, so you also need to be wary of sudden price drops.

Price change is always constant for Bitcoin because of how volatile the asset is. I was told from the beginning that if I want to invest into crypto, I have to bear in mind that it is a very volatile asset, so that I don't need to lose my temper when my investment collapse because it can regain momentum again. Bitcoin is not controlled by the government and can therefore get to a very high price in the future unless something bad happens.

Mate2237

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I don't think there is any limit of bitcoin price and bitcoin can rise to any amount it will. And bitcoin is not only rising and it also decreasing and that is the time of bear market. It is a volatile currency so we can't predict the nature of it to be consistent rising because it must come down at a setting period of time before it would rise again as the bull run of the market. And the possible effect of it rise is that. Those who invested when the prise was low will make it when it rise again.

And that is why it good to invest in the bear market and keep hodling till you reach another Bull Run again.

laijsica

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Quote from: Elon_gida on May 22, 2024, 08:20:35 AM

Quote from: ahmadeed on February 28, 2024, 04:02:10 AM

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?

Bitcoin's been on a wild ride! It's exciting, sure, but kinda scary too. The price jumps all over the place, and sometimes it feels like the whole system could get clogged up. Governments are still trying to figure it all out, and the amount of energy it uses is crazy.

But hey, there are only so many Bitcoins out there, which could make them even more valuable in the future. Plus, nobody controls it, which is pretty cool. More and more people are using it too, so it's definitely becoming a thing.

Decentralization is the reason why BTC is running so fast towards its goal, I'm not at all surprised its price should have been higher. BTC has the power to influence every level of the economy which is very promising and its holders are scattered in every country of the world. BTC isn't really a thing, it's a name with great expectations.

Elon_gida

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Quote from: ahmadeed on February 28, 2024, 04:02:10 AM

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?

Bitcoin's been on a wild ride! It's exciting, sure, but kinda scary too. The price jumps all over the place, and sometimes it feels like the whole system could get clogged up. Governments are still trying to figure it all out, and the amount of energy it uses is crazy.

But hey, there are only so many Bitcoins out there, which could make them even more valuable in the future. Plus, nobody controls it, which is pretty cool. More and more people are using it too, so it's definitely becoming a thing.

Moeda

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Quote from: ahmadeed on February 28, 2024, 04:02:10 AM

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?

There is no limit to Bitcoin's rise. Market conditions are very dependent on big fish. If they are still not full, of course they will continue to buy. But they can also spit it out again, so you also need to be wary of sudden price drops.

Zanab247

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Quote from: Xampeuu

It depends on the enthusiasm of the world community for Bitcoin, but logically Bitcoin has good prospects for the future, especially now that only a few people believe in it, imagine if half the world's population used it, of course there would be more demand for Bitcoin. But even so, there is still a risk, because no one knows where Bitcoin will go next, therefore we are required to be smart investors to deal with it.

Demand and supply are the major group of people that use to make the price of BTC to pump higher and dump in the market, and it has made people to experience the positive side of BTC, because is not control by the government.

The number of people using BTC these days has increased higher because they have experienced bull run and bear run which is the major opportunity people use to accumulate profit, and those that rejected it before are now looking for way to adopt it for their people to have access to BTC.

It will going to bring a brighter future to those that will hodl it for long years before they can sell to make profits because it use to pump every 4 or 3 years to create opportunity for hodlers to earn.

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Quote from: Casdinyard on May 20, 2024, 09:39:11 AM

Quote from: ahmadeed on February 28, 2024, 04:02:10 AM

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?

The limits as you try to put it, are only set by the people that are believing in it. The more the people believe bitcoin could reach massive heights, upwards of a million dollars even, the more it's going to reach that and make it a reality. It's just that simple my friend.

The limit on the increase may have implications for the meaning of the price, of course we must agree that in this case there is no limit to the increase in bitcoin because until now its development continues and it could be a very large and unimaginable condition in terms of prices for the future .

I wouldn't make a reference to what price in this case but indeed with all the situations that are happening now, it is indeed possible that a very large price surge will occur for the future. We will not know what the future is like but we can be quite sure that with developments and progress like this in the future it will definitely be even better for bitcoin because that is the hope of everyone who is in bitcoin in the end . Agrre that as long as there are still those in bitcoin, the price will continue to grow especially now with the increasing number of enthusiasts who are in bitcoin of course its development will also be felt .

Casdinyard

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Quote from: ahmadeed on February 28, 2024, 04:02:10 AM

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?

The limits as you try to put it, are only set by the people that are believing in it. The more the people believe bitcoin could reach massive heights, upwards of a million dollars even, the more it's going to reach that and make it a reality. It's just that simple my friend.

As for the behavior of the rise itself, I couldn't say that much about it, but one thing's for sure, it's always going to be a bumpy ride. Bitcoin and crypto as a whole has been known to be quite tricky when it comes to these things, one day you're at the top of the hottest crypto list in Binance and other exchanges, the next day you're toast. But with bitcoin, there is security. Even if tomorrow this coin crashes to the ground, it's got enough people in its side that dumps are considered temporary and a buy opportunity to some even.

So yeah, sky's the limit for bitcoin and crypto as a whole. Implication-wise, I don't know what you're talking about lol, but one thing's for sure, bitcoin's going to fuck some records up halving after halving, bull season after bull season.

lepbagong

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Quote from: tengui on May 14, 2024, 05:34:02 PM

If we talk about the long term, there is no limit to the increase in Bitcoin prices because supply is limited and the number of investors continues to increase. but when it comes to short-term price increases or bullish times, everyone has different analyzes and targets. I myself have a target of $150k, but looking at the current market situation I decided to change the target to $100k. yes I changed the target because it seems the market response to the bitcoin halving was slower.

I agree, indeed, Bitcoin is a long-term investment and will continue to increase after each halving period, where supply continues to decline and demand is quite high.
I think your analysis of reaching $150K could happen, but that is the ATH that will occur in 2025, while at the end of the year it could reach $100K So a few months there will be a correction first to be able to encourage Bitcoin to increase. So be confident in what you expect, and it's time to keep buying and holding.

woez

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Quote from: ahmadeed on February 28, 2024, 04:02:10 AM

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?

No restrictions and today BTC has proven its toughness before the price was down to 65K and is now preparing towards 70K. I think those who have been holding BTC were not even upset when their assets had dropped to k3 $60,200 a few days ago and now it is relieved that the price of BTC has started to continue its journey.

What we are worried about is that only a few meme-like Altcoins are able to move and rise following in BTC footsteps, yes. quite a lot is still in the starting position even though BTC has gained a few percent since a small correction a few days ago.

tengui

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If we talk about the long term, there is no limit to the increase in Bitcoin prices because supply is limited and the number of investors continues to increase. but when it comes to short-term price increases or bullish times, everyone has different analyzes and targets. I myself have a target of $150k, but looking at the current market situation I decided to change the target to $100k. yes I changed the target because it seems the market response to the bitcoin halving was slower.

beerlover

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Quote from: dezoel on May 14, 2024, 04:03:54 AM

Quote from: Volimack on May 11, 2024, 06:46:13 AM

Bitcoin potential is very good and bitcoin will definitely become the best crypto as no other currency can easily make their position like bitcoin. Thinking about the future, people are choosing bitcoin as a savings and even if the economy suffers due to war bitcoin will have no effect. Bitcoin Has High Potential All investors are optimistic that bitcoin will reach higher heights.

Well, despite all these things, I wouldn't recommend anyone making investments or keeping their savings in Bitcoin unless they understand each and everything. There is no doubt that Bitcoin is very good, it is the best cryptocurrency and one of the best innovative ideas of this era, and since it has a limited supply, it tends to go higher in price over time, but as we all know something can't keep going in one direction if it's volatile, so it has its risks as well.

When someone is choosing Bitcoin as a place for them to save their money, they need to understand all these things, they need to know that it is possible that one day when they wake up, they might see that the money they had saved in Bitcoin has lost 30% value because it is a volatile asset and that can happen.

It is definitely a very nerve wrecking thing, it is not that simple, and we need to realize that we can't hold it without any anxiety at all. There will be a lot of ups and a lot of downs, which is why we need to be careful about this period for sure. I need to really emphasize the fact that there will be moments when you will hate the fact that you ever bought bitcoin, because price will be a lot worse and you will rue the day you bought it at that price.

I personally believe that you will not be worried about those days, because price going down is still fine and could be done but the reality is that we are going to see a situation where you will get a lot worse if you buy when it is high, selling when it is low isn't even that bad compared to it.

Bitco55

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Quote from: ahmadeed on February 28, 2024, 04:02:10 AM

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?

Bitcoin's doing great. A lot of people might say there's no limit and stuff like that, but I honestly think the fact that it is an alternative to money and finances, it'll always have limits. In fact that's it's limit. The fact that Bitcoin is not centralized, would make it difficult for some people to believe, trust, and acquire it. Not that even I myself want it to be centralized or anything but that's actually it's limit.

In the cryptocurrency market, the higher it's popularity, it's investors the higher it's price. Bitcoin's price is already going up but with the fact that there are still people out there who are against it and think it's some kinda scam, it'll still have it's limits. Take gold for example, it's been used for a long time. No one on this planet can say gold is a scam. Sure there's real gold and fake gold, but gold is valuable to everyone.

Topic: Bitcoin prospects (Read 1221 times)