I don't think there's any limit to how high Bitcoin could go for as long as there is someone who wants to buy, there will always be someone who would be willing to sell it. There is no way of telling when or how will bitcoin's dominance come to an end or if will it ever at all. I just know that there is more to Bitcoin and most people have not even realized that and they might realize it a little too late
Since there is no regulatory board to control Bitcoin or Cryptocurrency so if there is no number of users of Bitcoin or Cryptocurrency it is worthless and the limit of progress of Cryptocurrency is infinite because as the number of users increases its progress or value will increase. But from my point of view, the reign of Bitcoin is not over and I believe that this Bitcoin will change the face of the whole world very quickly. Because I see many countries that previously outlawed Bitcoin are slowly accepting Bitcoin. As the number of Bitcoin users or the rate of Bitcoin adoption in every country increases, the potential for Bitcoin to rise will be unimaginable and unbelievable. 
Topic: Bitcoin prospects - page 2. (Read 907 times)
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?
If you’re looking for consistency, then Bitcoin market isn’t the place to look. The market or any market at all is one that doesn’t grow to infinity, it’s got to have some corrections.What do you think would be the case should Bitcoin or any other market keep growing without a pause or drop at some point. People would just come in to take what they want and leave and that’s it. This could mean the end of it all but no, Bitcoin isn’t like that and the pump you see today shouldn’t entice you much. The market would drop at some point and weak hands would be forced out, it’s a known fact.
The truth is, it would still rise so, you’ve got to have a clear vision and the necessary strategy to approach the market in other to archive set goals. You don’t have that, then you ain’t ready though, you could buy and hodl while, you learn.
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 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.
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It is actually out of the ordinary that before the halving period there should be a correction until the start after the halving, but instead there is a surprise. increase, and it has even passed the previous ATH. Will it really continue to increase? Today there are still 34 days left to. enter the halving period, will it continue to increase and this is certainly a change in bitcoin habits.
You are right, that the increase is also caused by the impact of very high demand. No one will be able to determine the limit of Bitcoin's increase, but they will look at the habits that have been carried out.
The formation of a new history that is outside of Bitcoin's habits is also a natural and quite normal thing for now, because it is a part that is not impossible to happen to Bitcoin when demand starts to become very high. Today I have seen a slight price correction in Bitcoin which may not be much and will have no impact on continuing this already quite good moment of increasing prices. So now everyone must be quite aware that this habit will not always happen exactly with Bitcoin and now it is clearly visible with Bitcoin. You are right, that the increase is also caused by the impact of very high demand. No one will be able to determine the limit of Bitcoin's increase, but they will look at the habits that have been carried out.
Also now that we have L2 on the bitcoin network there might be more innovations in the future that might have a much bigger impact on bitcoin, so limitations will find a solution and bitcoin will be much more flexible, we don't know about that in the future.
The pasting 30 days before the halving at this time bitcon has continuously broken through the new ATH, and yes maybe we will see some surprises that we can't expect, and maybe $100k is reached or even we can get more before the halving arrives, that's what's in my head right now, I hope we get a very good surprise.
I feel like L2 in bitcoin is actually a terrible thing, or at least it has been so far if you followed up with what's going on with Ordinals. It has caused the transaction fee of bitcoin to be giant, and that is not the way we want this to go.The pasting 30 days before the halving at this time bitcon has continuously broken through the new ATH, and yes maybe we will see some surprises that we can't expect, and maybe $100k is reached or even we can get more before the halving arrives, that's what's in my head right now, I hope we get a very good surprise.
I understand that it may feel like an innovation, and it is an innovation that's true but is it a development for the better? Is it an improvement on what we already had? So far it is not, just because people could have Ordinals doesn't mean that's a good thing. Maybe in the future we will figure out a way to use it for better, but so far we have used it for totally useless stuff and we paid it with higher transaction fees, it is not a trade that was worth having and that's an issue.
As a bitcoin investor I feel if it can increase the price of bitcoin I feel no problem, and I also do not do short trades that require high transaction costs, I just buy and store with a long term, and hope bitcoin can go to the price of $100 for this halving.
There is no denying that Ordinals once caused the bitcoin network to become congested and pushed transaction fees too high. But when talking about solutions for bitcoin, especially layer 2, things are just getting started and there are more good things ahead. If you are a researcher, you will see that there are many layer 2 projects being implemented and venture capital funds are also focusing on it a lot. Promises to be a revolution that brings innovation to the bitcoin network.
I don't remember exactly but I remember two big names in layer 2 bitcoin projects: Merlin and Babylon, while Babylon is a project with Binance Labs participation.
Also now that we have L2 on the bitcoin network there might be more innovations in the future that might have a much bigger impact on bitcoin, so limitations will find a solution and bitcoin will be much more flexible, we don't know about that in the future.
The pasting 30 days before the halving at this time bitcon has continuously broken through the new ATH, and yes maybe we will see some surprises that we can't expect, and maybe $100k is reached or even we can get more before the halving arrives, that's what's in my head right now, I hope we get a very good surprise.
I feel like L2 in bitcoin is actually a terrible thing, or at least it has been so far if you followed up with what's going on with Ordinals. It has caused the transaction fee of bitcoin to be giant, and that is not the way we want this to go.The pasting 30 days before the halving at this time bitcon has continuously broken through the new ATH, and yes maybe we will see some surprises that we can't expect, and maybe $100k is reached or even we can get more before the halving arrives, that's what's in my head right now, I hope we get a very good surprise.
I understand that it may feel like an innovation, and it is an innovation that's true but is it a development for the better? Is it an improvement on what we already had? So far it is not, just because people could have Ordinals doesn't mean that's a good thing. Maybe in the future we will figure out a way to use it for better, but so far we have used it for totally useless stuff and we paid it with higher transaction fees, it is not a trade that was worth having and that's an issue.
As a bitcoin investor I feel if it can increase the price of bitcoin I feel no problem, and I also do not do short trades that require high transaction costs, I just buy and store with a long term, and hope bitcoin can go to the price of $100 for this halving.
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?
If asked about the limits of Bitcoin's increase, the answer is that there are no limits because the price of Bitcoin is very volatile, no one can accurately predict the extent of the increase and decrease in the price of Bitcoin. I see the potential for the current increase in bitcoin prices to continue, especially since the bitcoin market performance is in good condition, especially as the halving is getting closer.You are right, that the increase is also caused by the impact of very high demand. No one will be able to determine the limit of Bitcoin's increase, but they will look at the habits that have been carried out.
Also now that we have L2 on the bitcoin network there might be more innovations in the future that might have a much bigger impact on bitcoin, so limitations will find a solution and bitcoin will be much more flexible, we don't know about that in the future.
The pasting 30 days before the halving at this time bitcon has continuously broken through the new ATH, and yes maybe we will see some surprises that we can't expect, and maybe $100k is reached or even we can get more before the halving arrives, that's what's in my head right now, I hope we get a very good surprise.
I feel like L2 in bitcoin is actually a terrible thing, or at least it has been so far if you followed up with what's going on with Ordinals. It has caused the transaction fee of bitcoin to be giant, and that is not the way we want this to go.The pasting 30 days before the halving at this time bitcon has continuously broken through the new ATH, and yes maybe we will see some surprises that we can't expect, and maybe $100k is reached or even we can get more before the halving arrives, that's what's in my head right now, I hope we get a very good surprise.
I understand that it may feel like an innovation, and it is an innovation that's true but is it a development for the better? Is it an improvement on what we already had? So far it is not, just because people could have Ordinals doesn't mean that's a good thing. Maybe in the future we will figure out a way to use it for better, but so far we have used it for totally useless stuff and we paid it with higher transaction fees, it is not a trade that was worth having and that's an issue.
I don't think there's any limit to how high Bitcoin could go for as long as there is someone who wants to buy, there will always be someone who would be willing to sell it. There is no way of telling when or how will bitcoin's dominance come to an end or if will it ever at all. I just know that there is more to Bitcoin and most people have not even realized that and they might realize it a little too late
What are the limits of Bitcoin’s rise...
as far as we know… there is no limit to how high bitcoin’s price could go.
it has a limited supply, yes, but its price depends on the demand if more and more people want it despite its limited supply, then the price will continue to rise up.
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and is it a strong and consistent rise...
strong? Yes. but consistent? not that much not exactly
bitcoin is volatile and its price will go up and down but in the phase of where we are, the rise will be consistent probably hitting a new ath
For me, there's a lot of limit to the rise of bitcoin price (if that's what you're talking about) is probably from the fact that there's a limited amount of people that can afford to buy bitcoin, as the demand continues to rise, the price of bitcoin is going to get more higher which would slowly but surely make it difficult for others to buy at a certain price that would make them be satisfied with the value that they're getting for their money. Another limit that I can think of is the enthusiasm of the people for bitcoin, it's going to need a renewed enthusiasm everyday because if we ever came to that point, we'd probably see a decline in demand even though there's a lot of hodlers of bitcoin.
To accept the new technology or something new in the world people first discuss its negative aspects more or think more about the negative aspects. So in the same way states are favoring the downside in adopting Bitcoin. They feel that allowing Bitcoin in the country may increase money laundering destabilize the country's economy and since it has no regulatory body, suffer economic losses. But above all economic development is not possible if the free movement of the economy is not ensured. Thinking in this direction I think Bitcoin should be approved.
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We are talking realistically whether it is possible for bitcoin to have limits in the future, of course it is possible but we cannot predict when it will be, then for the current price has it exceeded the limit? of course not in my opinion, yesterday's price that touched bitcoin at $70k was the beginning, and indeed bitcoin has not met with halving which is still quite far away, so there is still a possibility of bitcoin experiencing an increase rather than a decrease for now.
The reality is that there will be limitations that occur with Bitcoin, and it has been predicted for a long time that this will probably happen, but I agree how long it will happen is difficult to determine because there are many factors that influence it.We are talking realistically whether it is possible for bitcoin to have limits in the future, of course it is possible but we cannot predict when it will be, then for the current price has it exceeded the limit? of course not in my opinion, yesterday's price that touched bitcoin at $70k was the beginning, and indeed bitcoin has not met with halving which is still quite far away, so there is still a possibility of bitcoin experiencing an increase rather than a decrease for now.
Regarding the price, it has indeed passed the ATH before, but that is not the end of the increase that Bitcoin will make. It's still too far away because the halving period is still 30 days away from happening and at that time something will always happen that we don't know about, even though the tendency is that it will continue to increase. This is outside what Bitcoin usually does, where usually after the halving period there is an increase.
Everything has changed and there could be surprises again, and we must be able to prepare.
The pasting 30 days before the halving at this time bitcon has continuously broken through the new ATH, and yes maybe we will see some surprises that we can't expect, and maybe $100k is reached or even we can get more before the halving arrives, that's what's in my head right now, I hope we get a very good surprise.
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?
If asked about the limits of Bitcoin's increase, the answer is that there are no limits because the price of Bitcoin is very volatile, no one can accurately predict the extent of the increase and decrease in the price of Bitcoin. I see the potential for the current increase in bitcoin prices to continue, especially since the bitcoin market performance is in good condition, especially as the halving is getting closer.
Bitcoin's rise depends on stuff like how many people want it, rules from governments, and new tech. It's been going up pretty steadily, but remember, crypto can be wild. This affects things like more people using it, government rules, and how we think about money. Results can be different for everyone, affecting investments and how we see finance
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 holders are currently enjoying the price increase and waiting for Bitcoin to print a new ATH, the potential for price increases in the future is still open due to increasing euphoria among investors and traders. As a result of the price spike that has just begun, the wider public's interest in Bitcoin is increasing, the moment Bitcoin continues to show its quality also has the potential to be the first step for new investors to make Bitcoin the most profitable primary investment. You also need to understand that Bitcoin movements are not always consistent, the highly volatile Bitcoin market gives investors different colors. There are times when the market will experience spikes and falls at unexpected points, so it is very necessary to always remember the main principles in investing, namely understanding and literacy. It is very necessary for investors to carry out research first so they can make decisions carefully and wisely and avoid the Fear of Missing Out (FOMO).
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.
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We are talking realistically whether it is possible for bitcoin to have limits in the future, of course it is possible but we cannot predict when it will be, then for the current price has it exceeded the limit? of course not in my opinion, yesterday's price that touched bitcoin at $70k was the beginning, and indeed bitcoin has not met with halving which is still quite far away, so there is still a possibility of bitcoin experiencing an increase rather than a decrease for now.
The reality is that there will be limitations that occur with Bitcoin, and it has been predicted for a long time that this will probably happen, but I agree how long it will happen is difficult to determine because there are many factors that influence it.We are talking realistically whether it is possible for bitcoin to have limits in the future, of course it is possible but we cannot predict when it will be, then for the current price has it exceeded the limit? of course not in my opinion, yesterday's price that touched bitcoin at $70k was the beginning, and indeed bitcoin has not met with halving which is still quite far away, so there is still a possibility of bitcoin experiencing an increase rather than a decrease for now.
Regarding the price, it has indeed passed the ATH before, but that is not the end of the increase that Bitcoin will make. It's still too far away because the halving period is still 30 days away from happening and at that time something will always happen that we don't know about, even though the tendency is that it will continue to increase. This is outside what Bitcoin usually does, where usually after the halving period there is an increase.
Everything has changed and there could be surprises again, and we must be able to prepare.
There is no limit to Bitcoin’s rise, we are in unchartered territory. Institutions now have a vehicle & way to access Bitcoin via Spot etfs. We haven't had a bull run where this was possible before. It’s going to be a wild ride, we could see astronomical prices shortly.
agreed with this bitcoin right now is more accessible than ever for many to be used for investment as well as being used by these big institutions with big money to invest.we all know that so many institutions was going against investing in bitcoin before right now instead sponsoring for bitcoin investment because they see some prospect in it.
undeniably the ETF really have good effect on the long term sentiment of market against bitcoin that right now the market is growing harder than ever.
could you imagine two years ago that bitcoin could surpass its supposed project trajectory of surpassing its all time high few months earlier so many people say its gonna be Q3 of this year that bitcoin truly take off but right now we are already taking off and surpassing previous all time high its kinda crazy actually. hopefully the altcoin also follow so that its gonna be complete bullish season.
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 think there is a limit in context of the share of global annual GDP, I suppose. Bitcoin can't replace food, water, housing, transportation, medicine and other essential goods and services, so it can't be worth the total global economy. The global GDP of 2023 was around $105 trillion. Some major companies are worth over a trillion dollars (Microsoft is worth $3 trillion). Gold is estimated to be worth $14.7 trillion. So, I suppose, Bitcoin can be worth up to 20% of annual global GDP, perhaps, because I think it's conceivable that Bitcoin can beat gold. But that's probably where I'd put a reasonable limit. Of course, the global economy is also growing over time, so what's now around $20 trillion of market capitalization (which could bring the price of Bitcoin to $1 million per coin) can become more than that in the future if the global economy grows significantly. Jump to: