Bitcoin prospects | Bitcointalksearch.org

shinratensei_

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Quote from: ahmadeed on February 28, 2024, 05:02:10 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?

considering total supply is limited while investor of bitcoin is growing every day the potential of bitcoin is pretty boundless and limitless it could go as high as million dollar a bitcoin and thats not being hyperbolic.
just wait until halving occurred and mining rewards decreased in half, the scarcity increase as well as the demand since ETF is a such a huge success and then bitcoin price gonna rise massively.

I think that is exactly how the scenario gonna be playing out, the current price pullback seems just like accumulation zone for whales to buy more bitcoin, it seems like whales are also gathering stablecoin probably to make the final biggest pump that might make the price of bitcoin rise beyond $100k. that in my opinion is already good enough and show that bitcoin potential is there, it could be life changing investment for many.
thats why even accumulating however smallest amount of bitcoin still matter because it might still have the potential of rallying as high as $1 million which also mean ten times of initial capital.

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This is a very big Misconception in trading that someone can predict for me whether this coin will rise or fall. Yes people make guesses according to their calculations and market research.Sometimes it comes true and sometimes not.Never completely rely on someone always have a safety factor in your mind.

Bear run and bull run are something government cannot stop not to exist in the crypto market because, there will be bear season where those that have the money to buy coins and hodl for bull season to come and, there will be bull season that will make you to earn huge amount of money from your hodling.

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As far as Bitcoin is concerned it all depends upon the investors.As we all know Bitcoin is a powerful coin with a strong base ,good usability and ability to return profits on investments.The more investors will invest money in it the more it'll rise. Sometimes due to the crisis investors pull their money out and it falls so it's more dependent on that amount of investments it will have.

Buyers and sellers are the only people who can control the price of BTC either to rise higher or to reduce low to a particular stage that will make the buyers and sellers to know the season at the moment because, the bull season and the bear season will never be in the same season together and it will be very difficult for people to see such things in the crypto market.

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Quote from: oktana on March 27, 2024, 06:58:14 PM

Quote from: ahmadeed on February 28, 2024, 05:02:10 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 one knows the limit, no one knows how high it would go. We all speculate based on market conditions. The rise has proven to be a consistent one so far. In fact I am having a feel that we would be breaking the $73k ATH already, though there seems to be blockage at $70k, but let’s see how long that will last. As for the implications, one of them will be FOMO; many people have been triggered to jump in.

Currently all that has to be done is that we just have to continue to be in bitcoin until we are able to know how strong bitcoin is and where the limit is because looking at the current conditions and seeing from bitcoin that is always developing it seems that indeed in this case the statement must be reversed because it is not where the bitcoin limit is but where our limit can be in bitcoin considering the current situation and the development of bitcoin which will still continue until the next century before bitcoin runs out then indeed we must realize that the situation becomes different because of how our limit is to be in bitcoin and that will be the right answer for us today.

Finding out the limit of bitcoin will clearly not be possible because after all for now the price increase is still ongoing and indeed we must know that we are only speculating on bitcoin because for the problem of limits we will not be able to determine from the start.
The hope is certain that bitcoin has a very high limit but that will not be known if we are not in bitcoin and enjoy our time here.

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Quote from: oktana on March 27, 2024, 06:58:14 PM

Quote from: ahmadeed on February 28, 2024, 05:02:10 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 one knows the limit, no one knows how high it would go. We all speculate based on market conditions. The rise has proven to be a consistent one so far. In fact I am having a feel that we would be breaking the $73k ATH already, though there seems to be blockage at $70k, but let’s see how long that will last. As for the implications, one of them will be FOMO; many people have been triggered to jump in.

The mist important thing is for us to keep holding Bitcoin because no matter how hard we speculate it, we might not be able ro know tye actuak value it is going to reach after a certain period of time. The crypto market keeps growing faster and we all have to join the process so that we don't end up losing out from making fantastic profits. The crypto market is always doing wonders especially in the bull market. Let's keep anticipating for a bigger bull because this market is going to bring more to investors that enter the market earlier.

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Quote from: ahmadeed on February 28, 2024, 05:02:10 AM

What are the limits of Bitcoin’s rise...

There are lots of limits to Bitcoin's rise. You know Bitcoin is one of the oldest and most popular cryptocurrencies, its popularity is high as it is the most secure. And for the crypto-curious, it’s where you might first consider dipping your toes into cryptocurrency investing. If anyone wants to invest in Bitcoin then he must be aware of those limitations. You know till now Bitcoins have not been widely accepted, so you must find out where you will sell your coin. You know Bitcoin valuation fluctuates, so you must have to understand how the market works otherwise short heartbreak will occur if you see your investment cut in half within a minute, lol. there is no buyer protection, if anything wrong happens with you then you will not find any authorities to submit your complaints. there is no valuation guarantee, and built in deflation these all are the main limits of Bitcoin's rise.

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Quote from: ahmadeed on February 28, 2024, 05:02:10 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 one knows the limit, no one knows how high it would go. We all speculate based on market conditions. The rise has proven to be a consistent one so far. In fact I am having a feel that we would be breaking the $73k ATH already, though there seems to be blockage at $70k, but let’s see how long that will last. As for the implications, one of them will be FOMO; many people have been triggered to jump in.

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Quote from: ahmadeed on February 28, 2024, 05:02:10 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 rise has no limits, and no one can predict where it will end because it is infinite in nature. Bitcoin's rise since inception has demonstrated that it is now a consistent and stable rise over the years, as evidenced by the price increase from that time to the present. Bitcoin has few implications because it is only intended to be used for payment and transaction exchange, similar to the fiat currency we use. Using it as a store of value is only one of the secondary benefits that people are interested in leveraging. Its decentralised nature has earned it the much-needed respect for its development and wide spread use.

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Quote from: Negotiation on March 23, 2024, 05:25:18 AM

Bitcoin will be the only currency in the world in the future it can be said without a doubt that because of the growth in bitcoin and the acceptance that bitcoin has gained among the people of the world it is expected that bitcoin will be established as the only virtual currency in the world. Although bitcoin has not yet gained recognition from many countries every country will educate in the future.

As you said, there are still many countries that have not recognized bitcoin. Of course, this is the main problem that must be addressed in order to achieve what you say.
Although I myself do not close my eyes that bitcoin will indeed be able to do that. it will become a virtual currency which is recognized and can be trusted because there is very little loss due to the nature of bitcoin.
With continued education, it is hoped that more countries will be willing to recognize it first, so that the next steps will be easier.

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The current rise in Bitcoin's price is undeniably exciting. The possibility of a new all-time high captures the imagination of many investors, including yourself. Imagine Bitcoin breaking previous records and generating significant media buzz.

The observation about the role of hype in driving demand is insightful. Increased media attention and social media discussions can fuel buying sprees, pushing prices upwards. Imagine a scenario where FOMO (fear of missing out) drives investment decisions rather than fundamental analysis.

The concern about a potential correction after a significant price increase is a valid one. Large-scale selling by major investors, also known as whales, can trigger price drops. Imagine a situation where a sudden shift in investor sentiment leads to a price dip, even if temporary.

Negotiation

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Bitcoin will be the only currency in the world in the future it can be said without a doubt that because of the growth in bitcoin and the acceptance that bitcoin has gained among the people of the world it is expected that bitcoin will be established as the only virtual currency in the world. Although bitcoin has not yet gained recognition from many countries every country will educate in the future.

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Quote from: Wakate on March 22, 2024, 04:11:57 PM

You would have to go check the history of Bitcoin and see for yourself so that you don't come up with other similar questions based on your curiosity. Bitcoin has been in the market for longer time before now and so many things had happened even the government had tried to crash it but couldn't work out. The total supply of Bitcoin is 21 million and people are still mining and is still going to last for a very long time. But you need to understand that investing in Bitcoin is a wise attempt and you don't have to be too relax led because it is risky too and one would have to understand the market before taking any financial decisions.

Sure you can look at the history, but the patterns might not be always the same. The market is volatile and can never be predicted accurately. Even using the "chart" or the "history", you can never know what the price will be tomorrow. And yeah, investing in bitcoin is a good decision if you are willing to hold it for a long term, like more than few years. But that doesn't mean you can't "relax". If investing in bitcoin is causing you mental stress, then no, you shouldn't be investing in bitcoin or any crypto currencies. It is risky if you are willing to do risky trades. But as long as you are willing to hold, you will be fine. Invest only what you can afford to lose.

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Quote from: ahmadeed on February 28, 2024, 05:02:10 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 prominent results are already stacked up evidence bagged by the top whales in the system, you can easily spot out bitcoin holders, especially the ones that spotted early entries, today they're driving exotic cars like Lamborghini, a Ferrari and Roys Rolls-Royce Cullinan. This phase is a gradual one and the moment you start understanding bitcoin is not a get rich quick scheme, the better. Bitcoin have survived the crucial moments in the market, there have been very inconsistent dumps and heavy rise in previous years but it doesn't mean the project is not promising.

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Quote from: ahmadeed on February 28, 2024, 05:02:10 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?

You would have to go check the history of Bitcoin and see for yourself so that you don't come up with other similar questions based on your curiosity. Bitcoin has been in the market for longer time before now and so many things had happened even the government had tried to crash it but couldn't work out. The total supply of Bitcoin is 21 million and people are still mining and is still going to last for a very long time. But you need to understand that investing in Bitcoin is a wise attempt and you don't have to be too relax led because it is risky too and one would have to understand the market before taking any financial decisions.

MarjorieZimmermanGinger

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Quote from: ahmadeed on February 28, 2024, 05:02:10 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?

As far as I know there is no limit to the increase because then we can see a decrease at a certain time, the market always shows two directions in the journey, whether related to increases or decreases. Vice versa with a strong increase and usually it is marked when Bitcoin gets a cycle after reaching ATH and this process is what most people are waiting for so they can make a profit in that market.

There is no possibility that it can be seen as a consistent increase because bitcoin is volatile and as discussed above we can see a sharp decline occur in a short period of time. There is no need to think about the limits of the increase, but you have to think about how to collect because the implications of the increase will always be marked by the course of the cycle itself. The most important thing is whether the conditions are good or not for us to use, because what we have to think about is how to profit from the bitcoin journey.

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Quote from: Reatim on March 22, 2024, 03:24:48 PM

Fortunately there is no limit to how high the value of bitcoin can get
Due to its limited supply we can expect for its price to keep
getting higher as demand grows exponentially. However we need to note
that the market goes on cycles and bullish market indicators can be a little
different than the last but generally if bitcoin is rising so does most of altcoins

That's true as the price trend of Bitcoin defines how Altcoins will be performing because we have seen this in the past. Bitcoin will continue to increase if you look at it from a long term perspective wherein the daily investors will have a different view because we have to acknowledge the fact that market is never on a single trend be it bullish or bearish as it's a combination of both and we cannot expect it to grow during the bear season rather that's when we accumulate Bitcoin.

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Quote from: ahmadeed on February 28, 2024, 05:02:10 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?

I guess this topic have to go to bitcoin discussion board, you can move the thread there.

Back to the topic, There's no limit to how bitcoin can go, we may expect seeing the market at something around $150,000 after this year halving and we may eventually landed at $250,000 but one thing that i have confidence in is that bitcoin cannot fail, which means you should not expect its value to be down to zero worth or back to where it started from, that's not possible with what we have and expect in the future to come with bitcoin, this also have nothing to do with being volatile, when it falls, it also rises and increases in value.

Reatim

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Fortunately there is no limit to how high the value of bitcoin can get
Due to its limited supply we can expect for its price to keep
getting higher as demand grows exponentially. However we need to note
that the market goes on cycles and bullish market indicators can be a little
different than the last but generally if bitcoin is rising so does most of altcoins

Dewiana

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Quote from: God bless u on February 28, 2024, 09:09:20 AM

This is a very big Misconception in trading that someone can predict for me whether this coin will rise or fall. Yes people make guesses according to their calculations and market research.Sometimes it comes true and sometimes not.Never completely rely on someone always have a safety factor in your mind.

As far as Bitcoin is concerned it all depends upon the investors.As we all know Bitcoin is a powerful coin with a strong base ,good usability and ability to return profits on investments.The more investors will invest money in it the more it'll rise. Sometimes due to the crisis investors pull their money out and it falls so it's more dependent on that amount of investments it will have.

If we look at every month Bitcoin continues to increase in price, in 2017 it rose very sharply and in 2021 too, now 2024 is getting even crazier, all traders are very focused on their work, so that in basic analysis we can predict that Bitcoin will be the asset of the future Long term, it is effective and ideal because it is very promising, especially as there is no age limit as everyone already knows a lot about Bitcoin.

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Quote from: ahmadeed on February 28, 2024, 05:02:10 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?

I don't believe there will be a limit to bitcoin's increase because bitcoin is not designed to have a constant price, therefore you can't say explicitly or even anticipate the price of bitcoin, and when an event occurs, you can now say that bitcoin may set a new ATH. And this has been happening for years. There are no repercussions to the rise of bitcoin since when the price rises, everyone is happy, especially those who have it. And infact people want the prise to go up and somtimes people also like bear market so that they will be to buy. So everything will be an opportunity.

Quote from: Jegileman on March 15, 2024, 04:32:12 PM

There is no limitations to bitcoin rise, its infinite and cannot be decided by anyone. An asset that depends on demand and supply of the people won’t have a limit to its rise. Bitcoin cannot be dependent on to continue rising, it is a volatile asset, it goes up and come down at anytime, so you can’t say it’s on a consistent trend in one direction only. The implications of the rise is that, it makes investors who have bitcoin in their portfolio to have more value to their hodlings in bitcoins.

In addition to what you are saying, the price of bitcoin will continue to rise, and we cannot predict if it will be worth thousands of dollars in the future. Bitcoin is a continual process. There are no pricing constraints. There are numerous factors that contribute to bitcoin's stability. And anything could be helpful to the pricing. And there are times when demand is high but there are few sellers, thus a variety of factors influence the market. The amazing element is that no matter what happens in bitcoin, people will still make money from it.

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Quote from: YUriy1991 on March 12, 2024, 07:33:28 AM

Quote from: ahmadeed on February 28, 2024, 05:02:10 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?

Of course and the most comfortable thing at the moment is investing in BTC where the current increase has been very good, if you ask whether it will continue to rise? I think not, because corrections are always present as guardians of market balance. Now, for the salient implications for those who have adopted BTC I think it's not because they like it, but because they understand the nuances and trends of this very potential investment going forward.

One thing I want to convey is that we will never be able to make a profit if we only see a decline in prices, but a long-term investment strategy is not carried out and implemented. Yes. BTC is a very big step towards what I see as a growing market.

That's the greatest thing about bitcoin, we are seeing it do a lot better and it is so easy to make money from it. People who have been holding bitcoin for only just one year, and that's it only one year, has made so much money so far and it's insane. Funny thing is, we are not even talking about something major, like we are not going to end up dropping suddenly, we are not going to stop, we are going to end up going stronger as well, maybe we won't make that much money anymore but we will continue to make money and that means something.

I think we should be considering this as important and we should not really let it be. I feel like the most important part of this situation would be getting to make something that will have a due diligence that could be so much better.

Topic: Bitcoin prospects (Read 907 times)