Bitcoin prospects - page 5. | Bitcointalksearch.org

NewRanger

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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?

Currently the potential is clearly visible, but the market must also wait and see because its volatile nature rises sharply and falls likewise. The most prominent implication is the large amount of investor interest and participation in entering and buying BTC at this time.

For the story about profit occurred because of the increase in the value of the BTC asset which previously dumped hard, has now recovered so this is a return that is quite fantastic, of course for holders who have held it for a certain period of time and finally, if you want to evaluate the increase in Bitcoin as a whole, it is certainly difficult, but it is best to follow whatever things that are related to your investment because bad news and other factors such as geopolitics and macroeconomics are obstacles to bitcoin price movements.

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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?

If only we linked marketing relationships then demand would further push the price up because this event is a valid law and even though events like this are not the only reason that makes bitcoin rise at a high price. Forget about the limitations or implications that make Bitcoin rise because what you need to do is how to maximize purchases and stay at the right moment to make a profit. If you are still not open to what has happened then just learning is not enough, because you will lose the opportunity to reach the stage of freedom.

Everyone can make predictions, but no one knows for sure how accurate they are because this asset is quite speculative. Therefore, all you need to do is seize the moment and if you have the opportunity to buy then do it responsibly. We need to take a little risk if we want to make a profit because a comfort zone will not allow us to grow.

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Quote from: Fiatless on February 29, 2024, 12:17:30 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?

There is no limit to the rise of Bitcoin.

Not entirely true, even though Bitcoin is continuously rising on its chart, there is one factor that limits the rise of Bitcoin and that is demand. Yes demand is the only limit of the Bitcoin price surge. If there is no demand, Bitcoin will not increase in price. In this world, there is no infinity, IMO.

Quote from: Fiatless on February 29, 2024, 12:17:30 PM

The market is unpredictable especially because of the approval of Spot ETF.

You said it yourself, the market is unpredictable so it is it is not appropriate to say that there is no limit to the rise of Bitcoin. If what your saying is true then we could have seen Bitcoin more than millions in price but due to the limiting demand, Bitcoin price fluctuates and even crash from time to time or experiences correction.

Quote from: Fiatless on February 29, 2024, 12:17:30 PM

The demand for Bitcoin is high and this has kept pushing up the price. We have never seen this type of market in time past, so you might not get a straight answer. The halving is around the corner and the price of Bitcoin might keep rising time the beginning of next year but there might also be a slight fall in price. I think Bitcoin will get to $100k before the end of the bull run and my target for profit-taking is within this price.

I agree, this cycle make Bitcoin market looks like in steroid. Bitcoin halving is months away and yet Bitcoin price surge to almost breaking its ATH, if the Bitcoin market performance continuous, we might be seeing Bitcoin @ more than $100k next year, I think there is more probability that Bitcoin price will reach $200k+ before the bear market take over.

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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’s no limit with the pump and only time can tell, for now we have to focus with the up trend as BTC will have a new ATH any moment and that’s a significant rise after the bear market for almost 2 years. The limit is the sky, and let’s see if BTC can sustain this momentum as we all know, whales will always take profit for their own sake. Just buy and hold if you can still do this, as many says $100k is the target.

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No one knows about the limit of bitcoin rise because if more people are buying bitcoin more it will increase in price and if lots of people sell their bitcoin due to rise in price then it is possible that price will reduces to some extents.

We will sometimes examine lower price and sometimes enhancement in price because the bitcoin is not a stable currency and it fluctuates according to the supply and demand. Bitcoin touched 67k$ so it does not mean that it will go ahead continuously but instead we will definitely see decrease in Bitcoin's worth.

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Bitcoin started its journey from 2009 to become the most popular and top cryptocurrency in the current 2024 which is much higher than other coins. In 2009 the value of Bitcoin was very low and currently 2024 Bitcoin is valued at $66000. I think that as it is currently popular and one of the best known coins among traders, I think it will spread more and more in the future and it will start gaining acceptance by everyone and in all countries And you think the value of Bitcoin will increase a lot. Now that the halving is just a few days away, let's see if the price of Bitcoin breaks all of its past records.

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Quote from: 3kpk3 on March 05, 2024, 12:15:04 AM

No one knows the limits of BTC's rise op including Satoshi Nakamoto himself. The ongoing bullrun is definitely a strong and consistent one for sure as forecasted thanks to the approval of Bitcoin ETFs by the SEC recently.

Another important factor here is the upcoming halving event. The most prominent result is that BTC and some other crypto became even more popular and are inching closer to going mainstream.

I think if there's a limit Bitcoin won't have been this popular and if they're rating it will be the last. And many won't have known much about it and that's when "Bitcoin is dead" chanting will increase, things like holding and all that won't have come to play in anyway.

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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 increment in the market does not have any limitation because the market cannot be regulated or being determined by the government or any individual it is a something that happened on it on Direction or description so the more the demand is higher or going high the more the price of Bitcoin is getting increased daily but if the supply is going higher than the demand the price of Bitcoin retrace so that is why nobody can see that it bitcoin is predictable or it will have limitation for its value of increment.

Quote from: moneystery on February 28, 2024, 08:32:28 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's no need to think too deeply about limits, implications, and whatever. what you need to know is that bitcoin has unlimited potential, where its value in the future will increase along with increasing adoption of bitcoin. if you believe in it, you can choose to invest in it. but if you are still in doubt, you should not invest. it's very simple.

Assuming the value of bitcoin get increase by its own I would have said that will have a limitation of the price but since bitcoin value or the price continue to increase based on the supply and the demand of Bitcoin is very high I cannot just predict that the value of bitcoin will depreciate at any point in time

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Quote from: 3kpk3 on March 05, 2024, 12:15:04 AM

No one knows the limits of BTC's rise op including Satoshi Nakamoto himself. The ongoing bullrun is definitely a strong and consistent one for sure as forecasted thanks to the approval of Bitcoin ETFs by the SEC recently.

Another important factor here is the upcoming halving event. The most prominent result is that BTC and some other crypto became even more popular and are inching closer to going mainstream.

Yes at the moment it's difficult to predict what would be the range but the good think about this pump is it's followed by SEC's approval of ETF which though don't play a major role but the hype was enough to get the momentum going and now we have halving approaching and Bitcoin has almost breached the previous ATH which is a great thing as this will flood the market with new money. I think we should also refrain from making any prediction as these are times which can change lives of people and our wrong prediction can ruin someone's portfolio.

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No one knows the limits of BTC's rise op including Satoshi Nakamoto himself. The ongoing bullrun is definitely a strong and consistent one for sure as forecasted thanks to the approval of Bitcoin ETFs by the SEC recently.

Another important factor here is the upcoming halving event. The most prominent result is that BTC and some other crypto became even more popular and are inching closer to going mainstream.

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Quote from: sekalitas on March 04, 2024, 08:58:06 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?

In my opinion, Bitcoin's price is primarily driven by supply and demand. Positive news or a nearing limit on Bitcoin's total supply can cause the price to rise. However, the emergence of a superior technology could significantly decrease its value. Ultimately, the future of Bitcoin is uncertain. There are endless possibilities, and no guarantees exist. Therefore, it's crucial to be prepared for various outcomes and remain open-minded.

hardly i find correlation of superior technology to the price that strongly indicates correlation i don't think its technology at all.
I mean i see there's ordinal inscription that somewhat enable "smart contract" inside the bitcoin blockchain but many people sees it as a nuisance but can't deny that the market cap of these inscriptions are definitely big.
but overall not truly the factor that causes the price to be jumping like this.
I think the main factor that many seem to forget is that the ETF approval, always remember, it opens up to entire new big capital that might flow into bitcoin.
if you take into consideration with the halving that gonna give sense of scarcity to many people out there and the miners trying to up the price of their bitcoin because of this.
I think it could be the real reason that caused this pump, also the cycle exists, even though many people don't believe about the cycle of bitcoin but if you see the chart it does exists.

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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?

In my opinion, Bitcoin's price is primarily driven by supply and demand. Positive news or a nearing limit on Bitcoin's total supply can cause the price to rise. However, the emergence of a superior technology could significantly decrease its value. Ultimately, the future of Bitcoin is uncertain. There are endless possibilities, and no guarantees exist. Therefore, it's crucial to be prepared for various outcomes and remain open-minded.

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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 price can go any amount, it doesn't has limit as it's not confined in any form but there is big implications as to how it's been move. Take a look at Bitcoin growth in the 2018 bull run, Bitcoin was quick to touch 20k but it didn't last long or even a month before it crashed and that was because the price was quick move, there was nothing like accumulation, just spike and wait there for a while and then it dump. Anytime Bitcoin price pump and it doesn't accumulate and consolidate enough, people will always assume that level is fake and manipulated and it will be quick to crash.

Our problem with people chanting that Bitcoin will do these and that, even if we reach a new all time high# majority of people wouldn't be able to see there because they wouldn't know we have topped already, they will be calling for another higher price meanwhile the top is in and what they think is retrace is actually dumping to a good global support.

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Quote from: Despairo on February 28, 2024, 04:22:42 AM

This is the limits of Bitcoin rise: ∞

It sounds infinite now but what happens when the government and other big financial institutions take over?

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

... and is it a strong and consistent rise...

It seems to be consistent for now... because of the coming bull run but wait until the whales start talking and moving their coins around. They'll manipulate the market so much that the price todays changes drastically the next day.

harapan

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Quote from: Xampeuu on February 28, 2024, 10:12:09 PM

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.

I agree with you,it depends on the complete usage and acceptance of the society.Imagine if tomorrow everyone wakes up and just decides to let go of all their bitcoin investments,dispose all their bitcoin wallets, and completely abandon whatever that has to do with bitcoin;bitcoin will simply derail till there's nothing left to talk of it anymore.
Bitcoin is susceptible to high volatility and price change,Bitcoin price and value can change frequently and drastically,and once the value goes down,you know what that means.
Since bitcoin is unpredictable,if bitcoin fails us today in anyway,it means there will be no more usage and demand of it anymore.

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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?

As we all know in the past few days the BTC price increase has really driven further interest from institutional and individual investors to come and enter and if you have seen the market and BTC price movements over time I am sure you have found the answer and if I note the only thing you want to know is whether the current bull run is going to happen. Well, the answer depends on the size of the demand, meaning that as long as interest and adoption continues to exist and increase, more and more will come, then the price will rise and one of the limits to Bitcoin's increase is the existence of psychological and technical resistance at a certain level from buyers, for example, don't enter yet because see the graph has risen too high and they are waiting for the price to be corrected first and that is also a strategy even though BTC is already considered potential for them. .

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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 the rise of bitcoin. It usually depends on the investor to invest in bitcoin how he manages everything. Bitcoin is a very strong currency in the crypto market and this currency becomes stronger through the rise and fall. Investors are able to get good results in the bull run after the bitcoin halving. Investors invest based on their assumptions and the amount of profit depends on how much they invest. Given the current market conditions bitcoin's prominent results tend to be bullish.

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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?

Op well this your question is not wrong but make me laugh shall, see Bitcoin have no specific limit just know that rise depends on buyers and adoption by nation and the more people adopt it.

Just as people invest and buy the more it rise, any one telling you the limit is pure speculation that may not be realistic.

The best advice is to invest when you have what it takes to do because looking for limit it may not come.

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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 rise does not has limit, so don't expect a direct answer on this question, looking at the recent rise in the price of bitcoin, you will be made to understand that the upward movement is in such a way that no one is able to comprehend, early last week bitcoin price was between 51-52k but in the interval of 4 to 5 days the price skyrocketed this is to tell you that no one can be able to give you the accurate price rise within a time frame, I will say that the price of bitcoin some times act as the speed of light, but one thing is for sure the price if bitcoin will continue rising for now because of the season and the events that is in progress.

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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?

If you mean to say its price increase, I can say it’s limitless. As long as there is sufficient supply of bitcoin and its demand will continue to grow, then always anticipate that bitcoin price will never settle for anything less but it will continue to skyrocket and reach a new all time high as much as possible.

However, with how rapid its price grows, its price correction won’t also take too long. Just expect that in every price surge of bitcoin either due to high volatility or positive market, it has also its fallback, we just don’t know when it will takes place in the market. But one thing is certain, no matter how bitcoin price plummeted, it will definitely have its own time to recover and gets back to surging high in order to reach a new all time high.

Topic: Bitcoin prospects - page 5. (Read 1221 times)