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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.

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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.

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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.

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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

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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.

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Quote from: btc78 on March 14, 2024, 09:07:44 AM

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.

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Quote from: Smartvirus on February 28, 2024, 06:55:07 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?

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.

Of course, in general, there will be limits to Bitcoin price growth. It will not be able to grow in price indefinitely, because the general economic laws of the market will also apply to it. The ratio of supply and demand leads to its price increase, but this same ratio will necessarily lead to its further price decrease. Will we see a Bitcoin price of one million dollars? Of course, this primarily depends on how many investors will risk buying it at such a high price to support its further growth. But here you need to take into account the high price volatility of Bitcoin. If the price rises very high and we assume it will fall after some time, and we will need to take into account that the price may not fall to the previous minimum, but even much lower, then the risk will be immeasurably greater. It seems to me that few people will be able to risk such significant amounts. That is, the higher Bitcoin rises in price, the greater the risk for investors. And no one knows yet what the limit of its price will be in numbers.

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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?

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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Quote from: lepbagong on March 14, 2024, 08:55:10 PM

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.

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Quote from: khiholangkang on March 15, 2024, 10:40:44 AM

Quote from: justdimin on March 14, 2024, 10:21:10 AM

Quote from: khiholangkang on March 13, 2024, 09:24:53 AM

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.

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.

YES no matter how bad it is we can't resist it, after all, innovation on the bitcoin network has been accepted and is now in development, many devs are innovating on the bitcoin network. although yes I am also very upset because the price of bitcoin has become very expensive which is quite annoying, but whatever, we can't do anything, and can only continue to speculate and hope that everything will be very good in the future.

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. Tongue

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.

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Quote from: justdimin on March 14, 2024, 10:21:10 AM

Quote from: khiholangkang on March 13, 2024, 09:24:53 AM

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.

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.

YES no matter how bad it is we can't resist it, after all, innovation on the bitcoin network has been accepted and is now in development, many devs are innovating on the bitcoin network. although yes I am also very upset because the price of bitcoin has become very expensive which is quite annoying, but whatever, we can't do anything, and can only continue to speculate and hope that everything will be very good in the future.

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. Tongue

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Quote from: Volimack on March 13, 2024, 12:50:21 AM

Quote from: arufox on March 08, 2024, 05:58:46 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?

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.

Agreed, bitcoin's growth will continue to increase as bitcoin halving approaches. There is no limit to bitcoin's rise the more people invest in bitcoin the higher Bitcoin will go. I think bitcoin will have a higher impact on demand. No one can determine the limit of rise to decentralization of the crypto market.

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.

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Quote from: khiholangkang on March 13, 2024, 09:24:53 AM

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.

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.

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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

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

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.

Quote

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

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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.

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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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Quote from: lepbagong on March 11, 2024, 08:37:40 PM

Quote from: khiholangkang on March 11, 2024, 12:22:56 AM

-snip-
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.

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.

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.

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Quote from: arufox on March 08, 2024, 05:58:46 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?

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.

Agreed, bitcoin's growth will continue to increase as bitcoin halving approaches. There is no limit to bitcoin's rise the more people invest in bitcoin the higher Bitcoin will go. I think bitcoin will have a higher impact on demand. No one can determine the limit of rise to decentralization of the crypto market.

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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

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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 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).

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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?

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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Quote from: khiholangkang on March 11, 2024, 12:22:56 AM

-snip-
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.

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.

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Quote from: DeathAngel on March 08, 2024, 09:55:13 AM

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.

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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 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.

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Quote from: DeathAngel on March 08, 2024, 09:55:13 AM

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.

That is the issue here, every single time there is a new bull run we are in uncharted territory as something that has never happened before gets to happen, during the 2017 bull run we had the segwit update, 2021 saw bitcoin navigating the pandemic and now we have ETFs, so due to the short history of bitcoin as an asset, we cannot take a previous period as a reference and try to guess what it may happen, so we can only wait and see how bitcoin moves from now on.

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Quote from: lepbagong on March 10, 2024, 08:59:56 PM

Quote from: Antotena on March 08, 2024, 07:33:07 AM

-snip-
By now, we should have learn one or two things from Bitcoin that whatever goes up will comes down and when it comes down, there is an assurance that it will go up patiently with time. Just November Bitcoin was trading around $15k but today, it's trading above $60k. That should tell us that bitcoin will forever continue to grow.

Yes, the price of bitcoin will not always continue to rise, but there will always be a downward correction and that is natural because the trading carried out is very active, so the price will always move as a result of the trading event. The current situation has increased and has passed the previous ATH, but this is not the end of the increase that will occur. With $70,083, there will still be an increase in the future because the halving period has not yet passed.
Agree, bitcoin will continue to grow forever, and will move according to the trades made by investors.

In the economic system, the rise and fall of prices is only with two main factors "supply and demand" why the price of bitcoin goes up and down, yes because supply and demand go hand in hand in the market, which we usually call trader activity.
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.

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Quote from: Antotena on March 08, 2024, 07:33:07 AM

-snip-
By now, we should have learn one or two things from Bitcoin that whatever goes up will comes down and when it comes down, there is an assurance that it will go up patiently with time. Just November Bitcoin was trading around $15k but today, it's trading above $60k. That should tell us that bitcoin will forever continue to grow.

Yes, the price of bitcoin will not always continue to rise, but there will always be a downward correction and that is natural because the trading carried out is very active, so the price will always move as a result of the trading event. The current situation has increased and has passed the previous ATH, but this is not the end of the increase that will occur. With $70,083, there will still be an increase in the future because the halving period has not yet passed.
Agree, bitcoin will continue to grow forever, and will move according to the trades made by investors.

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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.

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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?

If you and I and every other people continue to buy bitcoin everyday in a continuous manner and nobody among us sell their Bitcoin, then trust me Bitcoin will go up badly that any of us can ever imagine but the unanswered question is that will everyone agree to do that? Definitely no, they wouldn't do that because nobody trust in this system and you can't blame them because even with small FUD, people panic to sell their Bitcoin just to avoid loses.

By now, we should have learn one or two things from Bitcoin that whatever goes up will comes down and when it comes down, there is an assurance that it will go up patiently with time. Just November Bitcoin was trading around $15k but today, it's trading above $60k. That should tell us that bitcoin will forever continue to grow.

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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?

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.

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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?

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, 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?

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, 01:17:30 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?

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, 01:17:30 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, 01:17:30 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, 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?

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, 01:15:04 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, 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 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, 09:32:28 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?

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, 01:15:04 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, 09:58:06 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?

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, 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?

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, 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 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, 05:22:42 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, 05:02:10 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.

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Quote from: Xampeuu on February 28, 2024, 11:12:09 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, 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 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, 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?

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, 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?

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, 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 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, 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?

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.

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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?

There is no limit to the rise of Bitcoin. The market is unpredictable especially because of the approval of Spot ETF. 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.

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Bitcoin is in high demand.So its value is high. And everyone wants to hold it so it is not available in the market.It is very volatile. It is a very dominate coin. It alone dominates the entire market. And everyone invests and holds Bitcoin when the price is low, hoping for a bull run.Its supply is low but demand is high.And this demand raises the Bitcoin market more.It is a very reliable coin.So most people want to invest it and those who know about crypto currency for a long time prefer to invest it.

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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...

Always think of it that sky is the limit. That's why every cycle is different although not to break our anticipation, it's always best to think that it's going to be near the past ATH that it did. Consistency of it for every cycle is there, if you'll go ahead and study the 4-year cycle, you'd say and see that there's a consistent rise for the past years that has passed and that's what we're also expecting that's about to come.

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

and what are the most prominent implications of this rise and its most prominent results?

Implications? well, the price itself might be the discouragement of many that have missed it.
The prominent result? those that have listened about buying when it's low are going to enjoy it.
But these rises aren't going to last forever as there's always the cycle in the market. What we have to feel is that every time the cycle is in, we should also be in and won't miss that momentum.

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

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

Short term v Long term
Short term the limits are controlled by Bitcoins 4 year cycle. Bitcoin doesnt constantly rise, there are
ebb's and flow's, rise's and fall's, Bull and Bear markets within the cycle.

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

and is it a strong and consistent rise...

It depends on whether you zoom in or zoom out
Zoom in and you will see it is obviously not a strong and constant rise but zoom out to look at the
Bitcoin market from 2009 you will see Bitcoins ~~strong and~~ constant rise.

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

and what are the most prominent implications of this rise and its most prominent results?

I cant think of any IMPLICATIONS to Bitcoins rise other than people getting financially hurt from
FOMO and FUD when reacting to the markets.

all in all the OP's questions and any answers are very subjective.

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Quote from: poodle63 on February 28, 2024, 11:52:23 PM

you know bitcoin supply is limited, arguably speaking every year it lost fair share of its supply due to maybe some minimal amount of bitcoin left in a wallet and being forgotten also people losing access to certain bitcoin.
so the prospect with bitcoin is good as long as the demand keep increasing and yes right now the demands are increasing year by year.
you can expect that maybe in a decade or at least when the mining reward from blocks reached 0 it will probably cost 1 million a bitcoin.
we are still really far from that yet we've already reached half of $100k in no time it will reach that target even many people out there and by i mean people are many CEO out there predicted that the price of bitcoin
is gonna be pumping as high as $200k this bullrun around remember that since decades ago we've proven that bitcoin always growing each cycle and there's no stopping it.

I get what you want to point out in the thing you are saying; in fact, most countries around the world are suffering from this right now. That's why we, as individuals, should know how to strategize on things that we know we can get other earnings from, not just from one source of income.

This is where entrepreneurship comes in, because most of us are poor people, and there are many people in today's stupid world who are struggling not only with one job, but as long as they can earn something else, they will do it because, due to the hardships of life or else, if you don't act or find another source of income, you will really lack.

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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?

Do you want to know in advance what it could be the ATH so you can sell exactly at that level? If that is your intention you can forget about it, no one really knows how high the price can go as this depends on the demand, and the more money is chasing the same number of coins the more money each coin is worth, this is not complex but we will not know how much of that money is actually coming to the market until it has happened already, and once that happens it is too late to take the optimal move of selling at the top.

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Bitcoin started trading with a $0 as at 2009 of its invention and then it was on a valueless rate due to the poor rate of demands and supplies which is its faiths potentials of volatilities.
But as it keep trading the rate of investors began to adjust by embracing the crypto markets industry and a d so, the Coin began to have valuable rates in a gradual grades of $0.1-0.2 at 2010. Due to its system that the rate is in value is determined by its demands and supplies, the Bitcoin has surged to a dominance of this current value ratio boosted by a larger scale of the Demands and supplies.

OP, as you may know, the value of Bitcoin lies according to the value of the demands and supplies.

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After all there is a time limit and there is a limit in that case there is a bitcoin limit but no one knows that because currently the price of bitcoin is increasing so it seems that the price of bit corner will exceed 70 thousand rupees very soon because currently the mind situation is coming in the market, are you reliable token or any In fact understanding will help you if you invest. Give full confidence. And besides, currently, the market is getting new hope to come to the market of different places to increase the price of Bitcoin and new ones are coming in the market and the market is going back again and again as before. There is no limit to meet error limit when the price goes up and when it doesn't it will come down because it depends on the digital market you are in the market.

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you know bitcoin supply is limited, arguably speaking every year it lost fair share of its supply due to maybe some minimal amount of bitcoin left in a wallet and being forgotten also people losing access to certain bitcoin.
so the prospect with bitcoin is good as long as the demand keep increasing and yes right now the demands are increasing year by year.
you can expect that maybe in a decade or at least when the mining reward from blocks reached 0 it will probably cost 1 million a bitcoin.
we are still really far from that yet we've already reached half of $100k in no time it will reach that target even many people out there and by i mean people are many CEO out there predicted that the price of bitcoin
is gonna be pumping as high as $200k this bullrun around remember that since decades ago we've proven that bitcoin always growing each cycle and there's no stopping it.

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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.

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Bitcoin is something that is not enforced by powerful entities such as the government. It isn't fiat. It isn't based on an order. In this sense, it is subject to the free market. That's probably the main limit of Bitcoin. Its success is at the mercy of the public. If the people adopt it, then it will be successful. If they don't, there is nothing Bitcoin can do about it.

If you're asking this with Bitcoin's fiat value in mind, there might be none, although the rise will be a lot slower when it's already high.

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Trading and fundamental prospects are two different things. What we have right now is a rapid change in price probably due to trading factors short term. The golden rule for prices is the larger time frames have a gravity that far surpasses the importance of shorter term pricing. If the price action is justified across multiple time frames then it matters far more as it might stick but a spike in pricing is not too rare, also that it will reverse alot of the gains quite frequently too before finding a longer term level of gains.

If we're talking economic prospects here rather then trading dynamics thats a different conversation and its more about actual propagation and integration into the wider economy. The amount of people actually using BTC is far more important then this recent news of ETF usage, that will in the end be about selling and buy orders probably in equal measure; it helps some but it cant be the main volume for BTC is an ETF that'd be an empty task. Market has to find its level in all this, the gains bring attention which brings more buying etc but it wont last like that continually.

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To what's happening right now with the current event of bitcoin, it may possibly be able to reach a new height, meaning the bitcoin might set another all-time high. Determinably, the demand for bitcoin right now is also high because of the hype all over the place, so what might happen to bitcoin after that? I hope those big investors will still hold their coins; if not, then expect a correction and a dip in the bitcoin price, but even if that happens, I'm sure the price will eventually return to normal. Sadly, I only have a few holdings of bitcoin, so the reward I will get is not too much, but profit is profit no matter what amount it is. Anyway, let's focus on how high bitcoin may become. Even right now, it's still climbing up and getting closer to its previous ATH. If it reaches and surpasses it, expect a bigger and more explosive new all over social media.

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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?

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.

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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 think the Bitcoin rise has a lot to do with the demand and supply of it, when the demand is high the value of bitcoin goes high, same thing if the demand is low the value will reduce. however bitcoin is a cryptocurrency that you cannot predict the limit to which it can reach when it on upward trend, the demand for Bitcoin is high at the moment that is why you see the value going up and people are rushing in so they won't be left out on the bullrun that has gradually started, so given the way things are, you cannot predict it limit.

So The most prominent result of the Bitcoin rise is the value it gives for your investment and how long it will take for it to yield results, because at the end of the day you will get a return of your investment.

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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?

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.

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There are several fundamental factors by which BTC can move upwards and not sideways. In general, the increase in BTC prices can increase if Crypto Whales are active in buying BTC on a large scale. Regulations, Halving momentum and technological developments can play an important role too. However, nothing is certain, even if the factors above occur, BTC will not continue to climb and will consistently persist. Today the price of BTC continues to climb, reaching more than $60K.

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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.

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.

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

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

I am not sure if it has a limit of rise. Since it depends on investors for its growth. Because as investors put more of their money to it, its value increase do to demand and supply.

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

and is it a strong and consistent rise...

You can't just expect a continuous rise, because bitcoin is volitille which may go towards uptrend and downtrend. It might be $59k today and falls down to $55k tomorrow so btc is not alway moving forward

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This is the limits of Bitcoin rise: ∞

It's due to demand and supply, but if there are many people bought Bitcoin, this could resulting spike on mempool. But the mempool isn't congested despite the Bitcoin price continue to rising, so I predict it's because of ETFs https://www.theblock.co/data/crypto-markets/bitcoin-etf/cumulative-spot-bitcoin-etf-volumes

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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?

Topic: Bitcoin prospects (Read 907 times)