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Topic: Bitcoin's future (Read 375 times)

full member
Activity: 1610
Merit: 103
The OGz Club
December 16, 2020, 11:06:13 AM
#34
the future of bitcoin is clear now, especially now that Bitcoin has reached the new ath,
a lot of good news has come for Bitcoin, obviously this is something that is beneficial for holders, congratulations.
sr. member
Activity: 1484
Merit: 253
December 15, 2020, 06:32:34 PM
#33
Bitcoin will either have more surprises for us wherein might reach unexpected figure which we might have only seen in predictive posts which we consider impossible ad of now, or else Bitcoin will go through one kore bearish market without further growth as only market situation will decide that.

I have come to s conclusion that the market cannot go on at current pace as Bitcoin and crypto are volatile here would be much more to witness once Bitcoin breaks $20k or else drop down below the resistance figure of $16k.

What's your opinions?

Going down after resistance is still far to see, since bitcoin progress was just correcting it's price and tried to break possible crash. We will notice with some alts but not with bitcoin, because as far as I've seen there's only minimal fluctuations of the value after the start of recovery. Final conclusions was still not sure, just keep monitoring the market cap.
sr. member
Activity: 1190
Merit: 250
COMBONetwork
December 15, 2020, 03:34:07 PM
#32
the future of Bitcoin is determined by everyone in the world,
if Bitcoin is still used by the world community, then Bitcoin will always have demand and value, of course this is not easy,
because some countries are against Bitcoin.
sr. member
Activity: 868
Merit: 256
December 10, 2020, 06:41:39 PM
#31
no doubt, Bitcoin in the future will be very popular, mass adoption has also occurred,
this is a good start for bitcoin in the future, because technology will develop more,
and people will switch from banknotes to digital money, and Cryptocurrencies will take over this section


The future will always be a big surprise as technology got to be more advanced every year. There's another great developments will happen, and most recent upgrades could take us to more comfortable lives just like cryptocurrency payment being merged on our daily spending. When more people happen to know bitcoin as well as other coins, economic growth will arise together with physical money.
legendary
Activity: 1512
Merit: 1005
December 10, 2020, 03:54:22 PM
#30
I believe bitcoin has a bright future. We should be patient until that time. Meanwhile, we can still try to earn more bitcoin at this moment. If we can search in many ways, I am sure that we will get more bitcoin. The price now seems to need more time to increase, and I think bitcoin is still trying to get more support to lift the price. Maybe the next week or next month will be a good time to increase and break $20k.

Exceeding the $20k level is only a matter of time and may not be in a week or a month, but even today. The future certainly looks very good for Bitcoin, so I wonder when the $100k level will be exceeded. I hope it will happen in 2021.

$ 100k is too high to reach, I am still waiting for the price of Bitcoin to reach $ 20k first,
the future is still long, there are still some important changes,
especially if the country has legalized Bitcoin then bitcoin will be more popular than it is now.

$100k is to high?!? Do you know what they said about the price of $1k for one Bitcoin when it was $1? Or at $10k price per Bitcoin when it was $100? That it's too much - just like you are saying now. Open your eyes and you will see that even a $1M per Bitcoin is possible!  Cool Cool
legendary
Activity: 2884
Merit: 1117
December 09, 2020, 08:13:10 AM
#29
Hopefully it looks bright. We are not doing that well in the fiat world and the worse fiat world does, the better bitcoin will do, which is why I think it is quite important that we end up with a much better result in crypto world.

Right now, we are not going to see the far away future that easily, people will not really see that far ahead when they all care about their current profits and people made ton of profit as well and it looks like it may not be doing as well for the past 2 weeks or so which resulted with people losing hope a bit too, but the reality is that all of this are calculated within few months, I am talking about years into the future.

As long as we have bad politicians and greedy companies we are going to see fiat go down and crypto will go up in return.
full member
Activity: 1260
Merit: 103
The OGz Club
December 08, 2020, 06:45:55 PM
#28
no doubt, Bitcoin in the future will be very popular, mass adoption has also occurred,
this is a good start for bitcoin in the future, because technology will develop more,
and people will switch from banknotes to digital money, and Cryptocurrencies will take over this section
hero member
Activity: 3164
Merit: 937
December 08, 2020, 07:12:39 AM
#27
Bitcoin will either have more surprises for us wherein might reach unexpected figure which we might have only seen in predictive posts which we consider impossible ad of now, or else Bitcoin will go through one kore bearish market without further growth as only market situation will decide that.

I have come to s conclusion that the market cannot go on at current pace as Bitcoin and crypto are volatile here would be much more to witness once Bitcoin breaks $20k or else drop down below the resistance figure of $16k.

What's your opinions?

Your post title is a bit misleading.I though that you are going to write about the future of Bitcoin,not about the price.
The future of Bitcoin/blockchain actually has little to do with the future Bitcoin prices.
I'm not a member of the optimistic team,so I think that we will face a bearish market in the first Quarter of 2021.
With the creation of a vaccine,everybody is so hyped up about the coming end of the corona pandemic and the recession.We have to be aware that the end of the recession might lead to more investors actually leaving the crypto markets instead of joining.

hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
December 08, 2020, 06:27:52 AM
#26
I believe bitcoin has a bright future. We should be patient until that time. Meanwhile, we can still try to earn more bitcoin at this moment. If we can search in many ways, I am sure that we will get more bitcoin. The price now seems to need more time to increase, and I think bitcoin is still trying to get more support to lift the price. Maybe the next week or next month will be a good time to increase and break $20k.

Exceeding the $20k level is only a matter of time and may not be in a week or a month, but even today. The future certainly looks very good for Bitcoin, so I wonder when the $100k level will be exceeded. I hope it will happen in 2021.

Yes, it will happen in the future, or I can say that it soon be there. I don't expect to see $100k in the near because it will need more adoption in many countries. But it could happen in the Q2 or Q3 in 2021. When the bitcoin price starts to rally, people will see bitcoin's power, and they will realize that it could be too late if they don't start to invest in bitcoin.
sr. member
Activity: 2086
Merit: 283
Vave.com - Crypto Casino
December 07, 2020, 11:54:42 AM
#25
When bitcoin success reach above $20k in this year maybe many investor coming to make cryptocurrency become wonderful investment way because many people still holding with any investment kind just giving little percent profit every year, we know how many people like for saving money in the bank but only get above 5% and have locked their money more than two or three year, with bitcoin not have locked any more when price up we can sell it and earn above 100% profit every year.
legendary
Activity: 1512
Merit: 1005
December 07, 2020, 07:05:44 AM
#24
I believe bitcoin has a bright future. We should be patient until that time. Meanwhile, we can still try to earn more bitcoin at this moment. If we can search in many ways, I am sure that we will get more bitcoin. The price now seems to need more time to increase, and I think bitcoin is still trying to get more support to lift the price. Maybe the next week or next month will be a good time to increase and break $20k.

Exceeding the $20k level is only a matter of time and may not be in a week or a month, but even today. The future certainly looks very good for Bitcoin, so I wonder when the $100k level will be exceeded. I hope it will happen in 2021.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
December 07, 2020, 06:14:33 AM
#23
I believe bitcoin has a bright future. We should be patient until that time. Meanwhile, we can still try to earn more bitcoin at this moment. If we can search in many ways, I am sure that we will get more bitcoin. The price now seems to need more time to increase, and I think bitcoin is still trying to get more support to lift the price. Maybe the next week or next month will be a good time to increase and break $20k.
sr. member
Activity: 2030
Merit: 269
December 07, 2020, 05:22:31 AM
#22
Bitcoin will either have more surprises for us wherein might reach unexpected figure which we might have only seen in predictive posts which we consider impossible ad of now, or else Bitcoin will go through one kore bearish market without further growth as only market situation will decide that.

I have come to s conclusion that the market cannot go on at current pace as Bitcoin and crypto are volatile here would be much more to witness once Bitcoin breaks $20k or else drop down below the resistance figure of $16k.

What's your opinions?

Bitcoin price never run out of surprises the price will always move up and down, this is because of the volatility of the market, people are buying and selling not everybody are holding because investors likes to make profit and they are buying and selling not at the same time, but on different time frame.
sr. member
Activity: 2380
Merit: 366
December 06, 2020, 10:34:20 PM
#21
If you are referring to the pace of producing at least $1,000 daily or $5,000 in a month, that is impossible. Bitcoin cannot sustain a growth like that. There have to be corrections and sideward movements. Otherwise, people will keep on buying and buying without selling. That is not possible at all.

But the market cannot also see a big drop because the demand is there. I think the demand is so high right now and in the next months that it can absorb most of the impact of a huge selling from traders and investors. Also, there was huge buying at more than $15,000. You cannot expect them to sell anytime soon.
sr. member
Activity: 2030
Merit: 269
December 06, 2020, 08:49:38 PM
#20
Bitcoin will either have more surprises for us wherein might reach unexpected figure which we might have only seen in predictive posts which we consider impossible ad of now, or else Bitcoin will go through one kore bearish market without further growth as only market situation will decide that.

I have come to s conclusion that the market cannot go on at current pace as Bitcoin and crypto are volatile here would be much more to witness once Bitcoin breaks $20k or else drop down below the resistance figure of $16k.

What's your opinions?

Of course everybody are hoping that we will go to the best road, we've had enough bear market for the last three years, this is the best time to achieve the opposite, everybody are predicting big pump and higher prices, but investors are having second thought because of the scenario on the last all time high, the memory of those investors who bought Bitcoin at $19800 are still there, and no one wants to be in that position.
legendary
Activity: 3024
Merit: 2148
December 06, 2020, 06:07:04 PM
#19
I have come to s conclusion that the market cannot go on at current pace as Bitcoin and crypto are volatile here would be much more to witness once Bitcoin breaks $20k or else drop down below the resistance figure of $16k.

Bitcoin can't go for long at this rate, but it can go for some time. And it actually doesn't need to constantly go up to still be in a bull market, if you look at the past rallies, they had ups and downs, and periods of relatively stable price, and the price grew in rapid spikes followed by only small corrections. So, even if we'll crash to something like $16k, which is very possible right now, we'll likely retry $20k after that, eventually break it and a new level will be established.
legendary
Activity: 2688
Merit: 1192
December 06, 2020, 06:06:07 PM
#18
Ultimately I don't think anyone can predict the future of bitcoin, but with the amount of large institutions using and acquiring it right now - it feels like a monumental shift has taken place. It is now being seen as more comparable to gold and other precious metals, rather than the novelty that it might have been treated as in the past. If this trend continues then it is clear that the richest people (or at least the people who manage their money) are becoming ever more comfortable with using it as an investable asset and it doesn't seem like much can reverse that trend. I have a feeling that rich people love the fact that it can move across borders outside of the traditional banking system.
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
December 06, 2020, 05:17:25 PM
#17
currently, the bitcoin market will continue in experience price corrections until the turn of the year, even so now is still a good time to buy bitcoin and other alt coins. Bitcoin price movements are still uncertain in the last two weeks and it looks like $20,000, is a zone that is quite difficult for bitcoin to penetrate at this time and $18,400, is the main support (lower limit) of bitcoin price, if in the future bitcoin is able to break the $20,000 price resistance limits, of course bitcoin will continue experienced bull run to be able to reach the highest price record for bitcoin so far.
It is absolutely we can't stop that correction, we have to live that kind of feature. The market trend can be easy to change, the ups and lows will consistently we have seen from time to time. That is why if we consider Bitcoin as an investment, we don't need to panic every time we saw the market dumps (which is a usual thing to happen), we need to control our emotions because that is the only way to avoid unnecessary and bad decisions.
sr. member
Activity: 1386
Merit: 250
1XBit.com
December 06, 2020, 03:43:40 PM
#16
currently, the bitcoin market will continue in experience price corrections until the turn of the year, even so now is still a good time to buy bitcoin and other alt coins. Bitcoin price movements are still uncertain in the last two weeks and it looks like $20,000, is a zone that is quite difficult for bitcoin to penetrate at this time and $18,400, is the main support (lower limit) of bitcoin price, if in the future bitcoin is able to break the $20,000 price resistance limits, of course bitcoin will continue experienced bull run to be able to reach the highest price record for bitcoin so far.
sr. member
Activity: 1638
Merit: 261
December 05, 2020, 03:56:16 PM
#15
Bitcoin will either have more surprises for us wherein might reach unexpected figure which we might have only seen in predictive posts which we consider impossible ad of now, or else Bitcoin will go through one kore bearish market without further growth as only market situation will decide that.

I have come to s conclusion that the market cannot go on at current pace as Bitcoin and crypto are volatile here would be much more to witness once Bitcoin breaks $20k or else drop down below the resistance figure of $16k.

What's your opinions?

Despite all uncertainty from pump to dump the future of top crypto currency looks unpredictable there are two possible ways of current market if you see the resistance level like you said 16k is the down level on the other hand if it starts pumping again I am sure the price will break ATH and reach till 25k.

There are lot of possible scenarios but one of the most important key factor is the price of BTC has constantly increased from the past few months and hopefully it will to the same this month as well, let's see.

Even I have noticed that the value of Bitcoin has only increased in last few months and we should consider $25k as bitcoin's new landmark and if it achieves $25k before end of this year then we may assume further growth of Bitcoin because last bullrun started to decline during January 2018 post massive pump during December 2017 but this time the driving factors are different than last bullrun. We might see less panic this year and altcoin might or might not see a bullrun looking at the current market condition.
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