Do people overestimate BTC? - page 8.

pealr12

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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

Anything can still happen this year, I don't know if btc will hit 100k as previously predicted but am sure soon btc will break that 40k wall to a new ath, it is just a matter of when,
As for btc being overestimated, I don't think that's the case since btc adoption is increasing on a daily basis, so I believe these analysts are making their prediction based on the overall adoption level which btc is right now, and if the trend keeps increasing there is nothing stopping btc from reaching the 100k goal and above.

Vaskiy

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The price of bitcoin reaching $100k is not into discussion for a long. This is all because of the prevailing market scenario. If it shows some form of bullish move, then people start talking of bitcoin to $100k and there follows altcoins. For now the bitcoin market is quite slow in growth, and something positive around the market will trigger its forward movement. Until then people will be murmuring $100k within themselves.

Fredomago

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Quote from: Doell on January 16, 2022, 12:57:29 PM

bitcoin can hit the highest value any time but can't being predicted with exactly ,so nothing is impossible for bitcoin ! this year is still a pretty good start for bitcoin 40K average but we have to forget the past ! buy some altcoin that are mandatory if want hodl long terms ,we'll see in q2 later hoping that there will be a rally

Better to extend your projections. Maybe it can take another quarter or another year, but eventually it bounces back and rallies itself to reach another peak. We don't know or we don't have any accurate tools if when it will possibly happen. All we can do now is to work more to anticipate and to save those cheap assets that we can have.

It's more on your own capabilities to assess and pick the right project to hold, never to lose your faith

it will rise back and deliver decent benefits. Roll Eyes

isaac_clarke22

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

~

Starting this year, it could be. Who knows, OP? 100k is what everyone has dreamed of since last year and that is fine even if we don't manage to pull it off if it means to get away with any shitcoins in the altcoin sea.
It's not impossible, but it's not something to be focused on Bitcoin right now. Seemingly it has become lower than 50k since last year, but you know "just buy the dip".
I am not bothered if it isn't even going to reach 100k before I die, lmao.

Sirait

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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

of course the price of bitcoin to $100k will come true but for now many don't really talk about it because it's not very useful to discuss. I'm trying hard to collect bitcoins from the income I earn in the real world because I believe in the future bitcoin price will break through $100k, that's for sure.

Doell

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bitcoin can hit the highest value any time but can't being predicted with exactly ,so nothing is impossible for bitcoin ! this year is still a pretty good start for bitcoin 40K average but we have to forget the past ! buy some altcoin that are mandatory if want hodl long terms ,we'll see in q2 later hoping that there will be a rally

Pffrt

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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

BTC is getting $100k or not this year but the true fact is that the estimate isn't a vague one if you see how institutional investments are getting into the market. It's a matter of time only. It may be possible that $100k will be achievable by the next halving or right after the halving. That's not a huge time. We are very close to that, I mean one more halving cycle and boom.

lenovop-70

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Today Bitcoin is having a crucial period at $40K, and if it continues and it fails to reach $50K soon, I think this year will be Bearish until December like most experts said in various media. And it will be the same for Alts because the mother of all crypto trading is Bitcoin itself. I think what we need to do is never lose hope, no matter how hard it is.

tarable

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Quote from: ahmia39 on January 15, 2022, 06:35:58 PM

Quote from: tarable on January 15, 2022, 05:14:16 AM

too far if we are currently discussing the price of Bitcoin $100K. doesn't mean Bitcoin can't reach that price. if Bitcoin can reach $100K this year, what is the price of the top altcoins like Ethereum, Binance Coin to coins that are in the top 10 coinmarketcap?

The prices of Altcoins will also tend to improve if Bitcoin manages to reach such a high price this year, but it is always difficult for Bitcoin to achieve because now everyone's choice has varied so it's not just Bitcoin that is the choice.

Bitcoin is a crypto asset that most people dream of. the birth of altcoins (alternative coins) aims to make people able to own digital assets because the cost of Bitcoin is quite expensive for the lower economic group. believe it or not, until now Bitcoin is still the choice of many people from the upper class to the lower economic circles.

bhooscream

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Sometimes, I also think that some people overestimate or expect too high or much on Bitcoin. While on the other hand, the market doesn't meet so.
We actually cannot say at once that it is overestimating or not, because we exactly don't know what will happen in the future. Sometimes, we may see that the expectation may be fulfilled. We may see how much Bitcoin will be worth later. Will it be exactly reaching $100k or it is only an expectation?
This may happen if the positive trend of Bitcoin is still surrounding and rising up, without any FUD that influences so much. But in fact, every time Bitcoin has a chance to rise up, the FUD will be upcoming.

ahmia39

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Quote from: tarable on January 15, 2022, 05:14:16 AM

too far if we are currently discussing the price of Bitcoin $100K. doesn't mean Bitcoin can't reach that price. if Bitcoin can reach $100K this year, what is the price of the top altcoins like Ethereum, Binance Coin to coins that are in the top 10 coinmarketcap?

The prices of Altcoins will also tend to improve if Bitcoin manages to reach such a high price this year, but it is always difficult for Bitcoin to achieve because now everyone's choice has varied so it's not just Bitcoin that is the choice.

nurilham

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The crypto market is unpredictable and I think it's too early to think like that. Many people talk about the market and get panicked as the market is going down. We know that the market is currently down and a lot of cryptos is falling, but we also have to believe that the crypto market will go up again. Nothing is impossible in the crypto world. Bitcoin price at 100k may not be possible this year, but it could happen next year. So believe it and don't be pessimistic, the crypto market is indeed going down and our job is to manage it well until the price recovers.

zasad@

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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

The New York Fed, Pumping Out More than $9 Trillion in Bailouts Since September, Gets Market Advice from Giant Hedge Funds
https://wallstreetonparade.com/2020/10/the-new-york-fed-pumping-out-more-than-9-trillion-in-bailouts-since-september-gets-market-advice-from-giant-hedge-funds/
If dollars are printed at this rate, then it is not surprising that bitcoin can be worth $1 million. Bitcoins cannot be printed more than 21 million.

justdimin

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Quote from: kapalmabur on January 15, 2022, 04:55:48 AM

Quote from: CrossroadBTC on January 15, 2022, 01:11:14 AM

100k per BTC will change everything, imagine what ETH price would be if BTC gets to 100k yea that's what everyone wants and this will have a huge impact on all altcoins as well, last year no one believes that BTC can reach 60k and it happened, 100k per BTC will still happen at one point in time maybe in year 2025 or so

That's what crypto is like and we don't know what will happen in the future with Bitcoin,
every year Bitcoin has increased and it is not impossible that it will happen,
just keep following the developments and that's all we can do

You just have to have faith. If you do not have faith towards bitcoin then you are not going to profit from it. In order to get richer, you need to accept the fact that A) It will take some time and B) It will be via crypto trust. If you have no trust on it then you are not investing into the right thing.

I would understand having no trust on doge or shiba because I do not trust them neither and some people do not and yet still invest because they may go up very high, but if you are investing into btc or eth then you need to see how much you can benefit from that. No other asset could give you the types of profit that crypto could give you, even bitcoin which is at the top. I hope that more and more people trust it, and adoption goes through the roof, that way we will be able to not only profit from having bitcoin but also be able to pay it.

kojektea

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In cryptocurrency the laws of supply and demand apply. Public interest is greater than the supply of bitcoin as a whole. Yes, actually the price of bitcoin also does not make sense because every year it always goes up. I guess we'll see the actual price of bitcoin when it's mined.

makishart

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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's always possible, none knows what will be happening with it. Bitcoin can even reach 200k if the market was deciding it. You should remember that you're in crypto and anything is possible in cryptocurrency.
So many expert traders are expecting 100k price for bitcoin to happen this year.

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

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?

So many people are also actively talking about that. There are so many Bitcoin TA group in various platforms like discord and telegram. What you're saying didn't match with the fact.

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

Also it seems like altcoins have no high chances again unless BTC do the impossible

Why not? altcoins can do better than bitcoin. So many times various coins have been showing better performance than bitcoin. That's enough proof.

tarable

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too far if we are currently discussing the price of Bitcoin $100K. doesn't mean Bitcoin can't reach that price. if Bitcoin can reach $100K this year, what is the price of the top altcoins like Ethereum, Binance Coin to coins that are in the top 10 coinmarketcap?

kapalmabur

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Quote from: CrossroadBTC on January 15, 2022, 01:11:14 AM

Quote from: Kkhair on January 15, 2022, 12:23:46 AM

why does everyone want 100k BTC price? if you only talk about the price without investing, it seems that there is no benefit.. what can be expected if this BTC goes up to 100k in 2022, isn't it at the current price that someone is still making a profit?
maybe op is one of the long term BTC holders?

100k per BTC will change everything, imagine what ETH price would be if BTC gets to 100k yea that's what everyone wants and this will have a huge impact on all altcoins as well, last year no one believes that BTC can reach 60k and it happened, 100k per BTC will still happen at one point in time maybe in year 2025 or so

That's what crypto is like and we don't know what will happen in the future with Bitcoin,
every year Bitcoin has increased and it is not impossible that it will happen,
just keep following the developments and that's all we can do

bonyaserg

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Personally, my opinion about bitcoin would be that the bitcoin coin is always relevant in the cryptocurrency market. And just because the price dropped slightly at the start of the new year doesn’t mean that bitcoin will end. Now there is only a small decline, but after a while the Bitcoin coin will rise in price and break through the price of $ 100,000. So there is still more to come and we are in for great success for the holders of the Bitcoin coin.

CrossroadBTC

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Quote from: Kkhair on January 15, 2022, 12:23:46 AM

why does everyone want 100k BTC price? if you only talk about the price without investing, it seems that there is no benefit.. what can be expected if this BTC goes up to 100k in 2022, isn't it at the current price that someone is still making a profit?
maybe op is one of the long term BTC holders?

100k per BTC will change everything, imagine what ETH price would be if BTC gets to 100k yea that's what everyone wants and this will have a huge impact on all altcoins as well, last year no one believes that BTC can reach 60k and it happened, 100k per BTC will still happen at one point in time maybe in year 2025 or so

Topic: Do people overestimate BTC? - page 8. (Read 1261 times)