Do people overestimate BTC? | Bitcointalksearch.org

Chato1977

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Quote from: lalabotax on March 06, 2022, 06:33:46 PM

Quote from: macson on March 06, 2022, 10:22:11 AM

we are still in Q1 2022 so imo it's still too soon to conclude Bitcoin price won't be able to touch $100k. we all see that now there are many cities and also several countries that recognize Bitcoin as a currency and regulate it, with this good news it encouraging adoption to happen, we will definitely see another big surprise happening this year, soon the new btc ATH will definitely arrive.

Not very soon, people already predict it based on the BTC halving time and BTC price history previously. If you checked back the Bullrun in 2017, it happened after BTC halving in 2016. At that time, 2018 is the beginning of the bearish period. If the situation will be the same as previously, 2022 should be the same as 2018. Now, we are at the beginning of bearish. So, expecting another ATH in BTC will be impossible. There will be no $100k for BTC price this year.

do you still believe that we are relying in Halving effect ? and do you really believe that what we had in 2021 is the effect of the Halving in 2020? then you must be wrong because it is the investing parties that makes it high and when the institutional investors put their funds inside .
so this is not basically about the halving but the support we are gaining from the community .

Joshapat

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Quote from: tintingp on March 22, 2022, 02:45:53 AM

I agree with your opinion. The price of Bitcoin could rise to 100k this year. It's nothing unusual.

Because you can see that its support level is not going down below 40k. Considering the huge demand of the customer at present and its comparison in the future, it is safe to say that the price will soon go up to 100k. And if so, the price of all the coins will go up soon.

Today we have stepped up to reach $ 100K, and I'm increasingly optimistic if the March price can touch $ 50k then June can pass ATH, see the trend and the increasing number of active influencers campaigning with Bitcoin makes me never hesitate to continue buying and hold Bitcoin because it will be a very expensive asset in the future.

tintingp

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I agree with your opinion. The price of Bitcoin could rise to 100k this year. It's nothing unusual.

Because you can see that its support level is not going down below 40k. Considering the huge demand of the customer at present and its comparison in the future, it is safe to say that the price will soon go up to 100k. And if so, the price of all the coins will go up soon.

Mahanton

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Quote from: Kemarit on March 20, 2022, 08:07:25 PM

Quote from: Sir Legend on March 17, 2022, 11:26:27 PM

Most people only want to buy bitcoin even though there are many other cryptocurrencies, but what is happening with bitcoin today has been predicted 10 years ago, even many are optimistic that the current price of bitcoin should have been $1 million, when there was a long correction since december it made we have to be realistic, maybe a big increase usually is a cycle every 4 years.

$1 million at short amount of time? I doubt that any asset can accomplished that not even bitcoin. It should not be in a quick increase as it takes time for a certain asset in this example, Bitcoin to mature first before it can go up again. And another thing that separates it is the idea of halving, which makes Bitcoin more scarce as time goes by that why it will continue to increase every 4 cycle because of this phenomena. Rest assured though that the potential $1 million can be hit maybe in the next 10 years or less.

Come to think that we couldnt even able to break 70k price point and let alone $1m for a short period of time isnt something that even on my dreams wont happen.
People do really expect that much although i couldnt blame them but they should be at least realistic with numbers because it wont really be happening in short span of time.
You are just simply stressing your self because you are expecting on something.Let alone the demand and recognition would do its job.

Kemarit

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Quote from: Sir Legend on March 17, 2022, 11:26:27 PM

Most people only want to buy bitcoin even though there are many other cryptocurrencies, but what is happening with bitcoin today has been predicted 10 years ago, even many are optimistic that the current price of bitcoin should have been $1 million, when there was a long correction since december it made we have to be realistic, maybe a big increase usually is a cycle every 4 years.

$1 million at short amount of time? I doubt that any asset can accomplished that not even bitcoin. It should not be in a quick increase as it takes time for a certain asset in this example, Bitcoin to mature first before it can go up again. And another thing that separates it is the idea of halving, which makes Bitcoin more scarce as time goes by that why it will continue to increase every 4 cycle because of this phenomena. Rest assured though that the potential $1 million can be hit maybe in the next 10 years or less.

ninis45

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Quote from: Sir Legend on March 17, 2022, 11:26:27 PM

Most people only want to buy bitcoin even though there are many other cryptocurrencies, but what is happening with bitcoin today has been predicted 10 years ago, even many are optimistic that the current price of bitcoin should have been $1 million, when there was a long correction since december it made we have to be realistic, maybe a big increase usually is a cycle every 4 years.

there is no exaggeration about bitcoin except those who doubt it
bitcoin will arrive at a price that exceeds last year's ATH for sure after a long correction and this usually happens in the next 4-5 year cycle and at this moment it is a bloody month for bitcoin and maybe in the middle of next month bitcoin will be back in the range of 50k-60k$

Sir Legend

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Most people only want to buy bitcoin even though there are many other cryptocurrencies, but what is happening with bitcoin today has been predicted 10 years ago, even many are optimistic that the current price of bitcoin should have been $1 million, when there was a long correction since december it made we have to be realistic, maybe a big increase usually is a cycle every 4 years.

poldanmig

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Quote from: Mamun74 on March 07, 2022, 12:56:17 AM

Anything can be possible. Back previous year that similar time bitcoin price was around $30k but it touched 65k+ in 2021.I believe bitcoin still movement correction. I hope bitcoin will recover this year and more development in future. 100k? But i think bitcoin will hit 70k+ again.

Speculative bitcoin price movements are of course very difficult for us to predict, currently the bitcoin price is in a bad condition due to the many negative sentiments that occur in the market, but the correction that is happening now may not be too deep so the possibility of bitcoin prices rising could also happen , my only hope right now is for bitcoin price to stay at iys above support level and hopefully we won't see bitcoin below $30K again this year.

milewilda

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Quote from: TimeTeller on March 06, 2022, 06:59:54 PM

Quote from: lalabotax on March 06, 2022, 06:33:46 PM

Quote from: macson on March 06, 2022, 10:22:11 AM

we are still in Q1 2022 so imo it's still too soon to conclude Bitcoin price won't be able to touch $100k. we all see that now there are many cities and also several countries that recognize Bitcoin as a currency and regulate it, with this good news it encouraging adoption to happen, we will definitely see another big surprise happening this year, soon the new btc ATH will definitely arrive.

Not very soon, people already predict it based on the BTC halving time and BTC price history previously. If you checked back the Bullrun in 2017, it happened after BTC halving in 2016. At that time, 2018 is the beginning of the bearish period. If the situation will be the same as previously, 2022 should be the same as 2018. Now, we are at the beginning of bearish. So, expecting another ATH in BTC will be impossible. There will be no $100k for BTC price this year.

We can't base what will happen in the future by referencing it from previous history.
The adoption is different today, so the impact may be different.
I am not saying that it will not be the same, but be open mind about other possible routes in this market.
As long as the market is alive, we have the chance to achieve those targets.

Nothing is assured when it comes to future because no one would really know on what it would looks like because everything would really vary on the demand even though we are seeing
soo much potential but doesnt mean that it will really be giving out sureness that it would succeed in the future.Always be mindful about the risks because this is a market
on which you dont know on what would be the next real big thing. Deal with awareness and presumptions that it could rise up in the future because it would be always be like this.
Just be realistic on your hopes and dont mind off about on almost close to impossible events.

Mamun74

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Quote from: macson on March 06, 2022, 10:22:11 AM

Quote from: MidNite36 on January 14, 2022, 01:45:53 PM

Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible

we are still in Q1 2022 so imo it's still too soon to conclude Bitcoin price won't be able to touch $100k. we all see that now there are many cities and also several countries that recognize Bitcoin as a currency and regulate it, with this good news it encouraging adoption to happen, we will definitely see another big surprise happening this year, soon the new btc ATH will definitely arrive.

We have just entered the third month of 2022, so it is still quite possible this year the price of Bitcoin will rise as it did in 2021. There is even
a possibility that the price of Bitcoin this year will rise much higher than in 2021. Moreover, quite a lot of people now realize that Bitcoin is
a profitable asset choice in a pandemic situation that is not over yet. Therefore the target price of $100k is still possible to achieve this year,
therefore don't worry about Bitcoin's current performance which is still not recovering. It's better if we just focus on collecting Bitcoins according
to our respective financial capabilities. So if it's true that the price of Bitcoin recovers and can pump very high this year, we already have enough
Bitcoins and can enjoy big profits from Bitcoin. In conclusion, we must have faith in the future of Bitcoin.

Anything can be possible. Back previous year that similar time bitcoin price was around $30k but it touched 65k+ in 2021.I believe bitcoin still movement correction. I hope bitcoin will recover this year and more development in future. 100k? But i think bitcoin will hit 70k+ again.

TimeTeller

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Quote from: lalabotax on March 06, 2022, 06:33:46 PM

Quote from: macson on March 06, 2022, 10:22:11 AM

we are still in Q1 2022 so imo it's still too soon to conclude Bitcoin price won't be able to touch $100k. we all see that now there are many cities and also several countries that recognize Bitcoin as a currency and regulate it, with this good news it encouraging adoption to happen, we will definitely see another big surprise happening this year, soon the new btc ATH will definitely arrive.

Not very soon, people already predict it based on the BTC halving time and BTC price history previously. If you checked back the Bullrun in 2017, it happened after BTC halving in 2016. At that time, 2018 is the beginning of the bearish period. If the situation will be the same as previously, 2022 should be the same as 2018. Now, we are at the beginning of bearish. So, expecting another ATH in BTC will be impossible. There will be no $100k for BTC price this year.

We can't base what will happen in the future by referencing it from previous history.
The adoption is different today, so the impact may be different.
I am not saying that it will not be the same, but be open mind about other possible routes in this market.
As long as the market is alive, we have the chance to achieve those targets.

lalabotax

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Quote from: macson on March 06, 2022, 10:22:11 AM

we are still in Q1 2022 so imo it's still too soon to conclude Bitcoin price won't be able to touch $100k. we all see that now there are many cities and also several countries that recognize Bitcoin as a currency and regulate it, with this good news it encouraging adoption to happen, we will definitely see another big surprise happening this year, soon the new btc ATH will definitely arrive.

Not very soon, people already predict it based on the BTC halving time and BTC price history previously. If you checked back the Bullrun in 2017, it happened after BTC halving in 2016. At that time, 2018 is the beginning of the bearish period. If the situation will be the same as previously, 2022 should be the same as 2018. Now, we are at the beginning of bearish. So, expecting another ATH in BTC will be impossible. There will be no $100k for BTC price this year.

macson

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Quote from: MidNite36 on January 14, 2022, 01:45:53 PM

Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible

we are still in Q1 2022 so imo it's still too soon to conclude Bitcoin price won't be able to touch $100k. we all see that now there are many cities and also several countries that recognize Bitcoin as a currency and regulate it, with this good news it encouraging adoption to happen, we will definitely see another big surprise happening this year, soon the new btc ATH will definitely arrive.

Rimueng

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Quote from: Rimueng on February 25, 2022, 01:25:41 PM

I think, although no one knows for sure what the Bitcoin price movement will look like this year, whether it's still possible for the bitcoin price to reach $100k this year, I'm sure that bitcoin will continue to rise in price this year. I predict bitcoin will again set a new ATH record again maybe mid-year or later this year.

Many big figures and institutions predict that bitcoin will even exceed 100k. 2014 bitcoin also strugle in the price of 4k, as well as during the 2018 market crash. Many people do not expect bitcoin at the current price level. I still have faith that bitcoin can still reach 100k

It is possible if the price of bitcoin will reach $100k. This year may look very different from what we expect now because geopolitical issues in Europe are still ongoing and do not know when it will end. because as long as the geopolitical issue between Russia and Ukraine is still going on, the price of bitcoin has decreased very deeply. However, it is very difficult to predict exactly what will happen this year for Bitcoin.

bots1

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It is too early to dream that the bitcoin price will reach $100k this year as the downward trend in price continues and bitcoin price is still far from ATH levels. We can dream of a $100k bitcoin price when the price breaks through $75k first. Therefore we better wait and see how the price movement this year.

peter0425

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Quote from: Rimueng on February 25, 2022, 01:25:41 PM

I think, although no one knows for sure what the Bitcoin price movement will look like this year, whether it's still possible for the bitcoin price to reach $100k this year, I'm sure that bitcoin will continue to rise in price this year. I predict bitcoin will again set a new ATH record again maybe mid-year or later this year.

Many big figures and institutions predict that bitcoin will even exceed 100k.

but do they give specific date or time? all of the speculations tries to fool people here that 2021 and even 2022 will be the year but what happened?\since we also missed 2021 does 2022 looks like the year?

Quote

2014 bitcoin also strugle in the price of 4k,

What? what do you mean struddle to take the price of 4k?

Quote

as well as during the 2018 market crash.

Lol only Bitcoin is mostly affected in 2018 but many altcoins made this move up.

Quote

Many people do not expect bitcoin at the current price level. I still have faith that bitcoin can still reach 100k

all are speculative but most believes this may reach even a million but the only question remains is when this will come.

Oilacris

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Quote from: Rimueng on February 25, 2022, 01:25:41 PM

I think, although no one knows for sure what the Bitcoin price movement will look like this year, whether it's still possible for the bitcoin price to reach $100k this year, I'm sure that bitcoin will continue to rise in price this year. I predict bitcoin will again set a new ATH record again maybe mid-year or later this year.

Many big figures and institutions predict that bitcoin will even exceed 100k. 2014 bitcoin also strugle in the price of 4k, as well as during the 2018 market crash. Many people do not expect bitcoin at the current price level. I still have faith that bitcoin can still reach 100k

No one had really anticipated on whats the price that we are seeing now.Whom had thought that we do able to break that 20k ATH back in the past?

No one even knows that we would able to reach that notable all time high that we do have and now it do reached out 68k which is almost able to break that 70k which is nearly on 100k.

Lets not just make ourselves too impatient on how this market moves because everything would come naturally and it would always vary on the demand.

tintingp

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Quote from: MidNite36 on January 14, 2022, 01:45:53 PM

Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible

I don't think the BTC price will cross 100K$ this year. Because the condition of the present world is very bad. The war is raging in the big provinces and all investors are turning away from it as prices are falling day by day. So I don't think there will be any improvement from now on. But yes we have to wait a long time for this. Thank you for your question.

Rimueng

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I think, although no one knows for sure what the Bitcoin price movement will look like this year, whether it's still possible for the bitcoin price to reach $100k this year, I'm sure that bitcoin will continue to rise in price this year. I predict bitcoin will again set a new ATH record again maybe mid-year or later this year.

Abiky

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Quote from: ShowOff on February 11, 2022, 12:52:41 PM

Remember predictions are not always correct as they may still be wrong on many occasions. $100K is a good price to expect and not impossible if you know how bitcoin hit ATH beforehand. I don't think people have overestimated bitcoin, that's a weak opinion and you can do your own analysis to find the answer. I just wanted to let you know that the strong fundamentals of positive news will greatly affect the demand for bitcoin, so there is always hope.

I wouldn't say $100K is bullshit right now, but we can expect it to be achieved in the next 1-4 years. Adoption has supported bitcoin to grow, so have no doubts about its future and great potential.

People overestimate Bitcoin because they think it's something that will pass away as time goes by. Little do they know that this is a revolution that's just starting to change our world for the better. The bigger and stronger Bitcoin becomes, the faster banks' demise will be. Once you realize Bitcoin is a new kind of money no government, evil corporation, or bank can stop, nothing will be able to stand in your way. "Owning" Bitcoin gives you financial freedom like never before.

Price-wise, I'd say $100k per coin is just the tip of the iceberg as the best is yet to come. With El Salvador, Russia, Ukraine, and several other countries legalizing Bitcoin, it should only be a matter of time before prices go all the way to Mars. Just my thoughts Grin

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