Elon Musk says the price of BTC will rise - page 2.

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Quote from: capedbaldy on January 04, 2023, 10:29:56 AM

Quote from: ginsan on January 02, 2023, 11:47:46 AM

I also wish what Elon Musk said would come true, but if I had to stock up on other cryptocurrencies besides more Bitcoin, I wouldn't choose Dogecoin for this or this year. Because I don't feel the need to support Elon Musk by buying Dogecoin, but I prefer to buy other cryptocurrencies like Ethereum or BNB or Matic for example. And this doesn't mean I don't like Dogecoin or Elon Musk. But I just have more faith in everything else and Bitcoin in general.

Whatever is said for the future rise in crypto prices is our hope, so it doesn't have to be just a statement from Elon but anyone who says it should be given support. But wait, manny of elon statements are no longer prioritized for big news because he said them to achieve his own goals so we don't need them because the crypto community can make it happen in the future.

it is not just about hopes mate and about those giving support because the main flavoring here is that we, Ourselves will invest and not just showing support by words but by acting .
while some are talking we as investors are buying and showing our support in this act , so please be one of us if you truly wanted to see it grows in the next coming months and years.

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Quote from: Rjakash on November 21, 2022, 07:36:28 AM

A few days ago, Elon Musk responded to a friend's tweet saying that the price of BTC may increase by the end of winter. He also asked everyone to be patient. It means that the future of BTCL is very bright and its price will increase. We are all waiting for this winter to end and the market to return to its previous form. InshaAllah the price of BTC and digital currency will return to the previous room thanks

We have passed the BTC dumping year 2022. BTC arrives in 2023 and looks to be on the upswing from here. But you wait and be patient Bitcoin will definitely increase. But my advice to those who are thinking of buying and investing in bitcoins is to invest without waiting. The market may go higher from here. When the market goes up then you will not get such an opportunity to invest. So there is still time to invest and wait if necessary.

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Quote from: ginsan on January 02, 2023, 11:47:46 AM

I also wish what Elon Musk said would come true, but if I had to stock up on other cryptocurrencies besides more Bitcoin, I wouldn't choose Dogecoin for this or this year. Because I don't feel the need to support Elon Musk by buying Dogecoin, but I prefer to buy other cryptocurrencies like Ethereum or BNB or Matic for example. And this doesn't mean I don't like Dogecoin or Elon Musk. But I just have more faith in everything else and Bitcoin in general.

Whatever is said for the future rise in crypto prices is our hope, so it doesn't have to be just a statement from Elon but anyone who says it should be given support. But wait, manny of elon statements are no longer prioritized for big news because he said them to achieve his own goals so we don't need them because the crypto community can make it happen in the future.

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Quote from: Japinat on January 01, 2023, 08:24:36 AM

We are not at the bottom yet, or are we? Bitcoin is already below $20k, or already 25% of its All time high. I don't know if the bear market will end this year, but if it will, then I guess we should be ready for another huge run, and by saying ready, that means you already have accumulated enough to enjoy the bull market.

I guess if bitcoin will still continue to go down, it will not anymore drop below $10k.

There are some basic estimates why bitcoin this year will recover, the first relationship because it is related to the four-year cycle starting from the achievement of the previous ATH, which means the accumulation of the current year if counted by cycles, then this year is the beginning of a gradual recovery, because the basic forecast can be included in the category and preliminary analysis as reinforcement, although it could shift months to the end of next year.

It does not matter when people do not have much money, because it can be made in stages before the recovery process arrives and on this basis during the correction last year, we should have taken part in the market to buy bitcoin in any way.

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Quote from: piebeyb on January 02, 2023, 09:26:42 AM

If you see Elon musk saying about bitcoin for sure he's not going to lie about that for sure, but we need to see the recovery process that's going to happen in 2023 before next year where the bitcoin halving, so people are definitely going to put a lot of money this year into crypto , so trust to buy it in this year stock more bitcoin or other crypto eg dogecoin as support also for elon musk Wink

I also wish what Elon Musk said would come true, but if I had to stock up on other cryptocurrencies besides more Bitcoin, I wouldn't choose Dogecoin for this or this year. Because I don't feel the need to support Elon Musk by buying Dogecoin, but I prefer to buy other cryptocurrencies like Ethereum or BNB or Matic for example. And this doesn't mean I don't like Dogecoin or Elon Musk. But I just have more faith in everything else and Bitcoin in general.

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Quote from: bakasabo on January 02, 2023, 07:37:22 AM

People still believe Elon Musk can influence on cryptocurrencies, amazing. Those who still believe that one day Elon will come, post something and save dropping market - try to check when the last time Elon Musk really influenced cryptocurrency market. Not by increasing price by few percent's, but a significant price increase. I think it was a year ago. According to what Elon Musk does recently - it looks like his interest in cryptocurrency has decreased.

Yes, basically many people are sceptical of Elon Musk's actions and there are also so many who respect Elon Musk because the several times he tweeted about Cryptocurrency it has always been a topic of conversation among retail or institutional investors, I also did not escape that when it was time for Elon to buy Bitcoin or as its father Dogecoin, and it has an impact on the market, so back to each perspective, in my opinion.

Indeed, so far I have not seen Elon Musk preaching or alluding to crypto in his tweeter account, maybe what you are saying is true, he has lost his interest in crypto.

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Quote from: Rjakash on November 21, 2022, 07:36:28 AM

A few days ago, Elon Musk responded to a friend's tweet saying that the price of BTC may increase by the end of winter. He also asked everyone to be patient. It means that the future of BTCL is very bright and its price will increase. We are all waiting for this winter to end and the market to return to its previous form. InshaAllah the price of BTC and digital currency will return to the previous room thanks

If you see Elon musk saying about bitcoin for sure he's not going to lie about that for sure, but we need to see the recovery process that's going to happen in 2023 before next year where the bitcoin halving, so people are definitely going to put a lot of money this year into crypto , so trust to buy it in this year stock more bitcoin or other crypto eg dogecoin as support also for elon musk Wink

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Quote from: Minor Miner on January 01, 2023, 09:01:15 AM

Bitcoin will recover and rise again that's something everyone knows, there is no need for Elon to predict or confirm, so it's not a big thing to discuss. We are investing with our own money so stop doing what Elon says because he doesn't want to help you but wants to take your money.

Bitcoin has been under $20k for a while, but hitting $20k isn't too hard for bitcoin. I think no need to wait a few more years for it to hit 20k, bitcoin can hit 20k in 2023 is entirely possible.

Agree. Bitcoin will inevitably recover, as central banks continue to harm the mainstream economy. With collapsing Fiat currencies, Bitcoin could emerge bigger and stronger than ever. Who cares what Elon Musk says anyways? His wealth (and popularity) is fading away after his acquisition of Twitter. Eventually, investors and traders will move on and focus solely on Bitcoin's developments in the mainstream world.

I'd say this is just the beginning of a long journey ahead for Bitcoin. You ain't seen nothing yet. With a finite and predictable monetary supply, it's possible BTC will get past its latest ATH of $64k per coin. Who knows if we become the next Bitcoin millionaires? Just my thoughts Grin

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People still believe Elon Musk can influence on cryptocurrencies, amazing. Those who still believe that one day Elon will come, post something and save dropping market - try to check when the last time Elon Musk really influenced cryptocurrency market. Not by increasing price by few percent's, but a significant price increase. I think it was a year ago. According to what Elon Musk does recently - it looks like his interest in cryptocurrency has decreased.

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Quote from: zaki12 on January 02, 2023, 04:10:16 AM

So remember what happened in 2020 when the market crashed, many crypto influencers guessed that Bitcoin would reach 20k, only reached 30k, Bitcoin pumped again to 69k, and at the end of 2022 many crypto influencers predicted Bincoin to 100k, instead it went down to 15k 😅

Price predictions are not 100% accurate for Bitcoin because the price movement of Bitcoin is not in words alone, but it is very influential on the actions of investors and traders in the market. I personally am only optimistic about Bitcoin which still has the possibility to increase again because now there are so many people who believe in Bitcoin and they will definitely buy it with their own abilities.

Quote

I also believe in bitcoin's four-year cycle, now is the time to enter for DCA, at most it will bring down another 10-15% rather than miss the moment and wait for that moment to come.

The four year cycle is pretty obvious for all to see, but if that cycle doesn't repeat itself for Bitcoin then you shouldn't be disappointed with Bitcoin because any increase in price is either through the huge number of buyers in the market for Bitcoin or by another term is an increase in the volume of purchases of Bitcoin in the market.

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Quote from: yudi09 on December 30, 2022, 05:54:59 AM

Quote from: Rjakash on November 21, 2022, 07:36:28 AM

A few days ago, Elon Musk responded to a friend's tweet saying that the price of BTC may increase by the end of winter. He also asked everyone to be patient. It means that the future of BTCL is very bright and its price will increase. We are all waiting for this winter to end and the market to return to its previous form. InshaAllah the price of BTC and digital currency will return to the previous room thanks

We long before Elon Musk made that tweet were very confident that Bitcoin would return to a much better price if the current price for some people considered not good. For us, we see Bitcoin not at a price but more than that, namely value. Regarding price, I personally still believe in the four-year cycle.

If the current Bitcoin price is still difficult to break the number above $20K, just wait a few more years. $20K will be the initial support price.

So remember what happened in 2020 when the market crashed, many crypto influencers guessed that Bitcoin would reach 20k, only reached 30k, Bitcoin pumped again to 69k, and at the end of 2022 many crypto influencers predicted Bincoin to 100k, instead it went down to 15k 😅

I also believe in bitcoin's four-year cycle, now is the time to enter for DCA, at most it will bring down another 10-15% rather than miss the moment and wait for that moment to come.

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Quote from: yudi09 on December 30, 2022, 05:54:59 AM

Quote from: Rjakash on November 21, 2022, 07:36:28 AM

A few days ago, Elon Musk responded to a friend's tweet saying that the price of BTC may increase by the end of winter. He also asked everyone to be patient. It means that the future of BTCL is very bright and its price will increase. We are all waiting for this winter to end and the market to return to its previous form. InshaAllah the price of BTC and digital currency will return to the previous room thanks

We long before Elon Musk made that tweet were very confident that Bitcoin would return to a much better price if the current price for some people considered not good. For us, we see Bitcoin not at a price but more than that, namely value. Regarding price, I personally still believe in the four-year cycle.

If the current Bitcoin price is still difficult to break the number above $20K, just wait a few more years. $20K will be the initial support price.

Bitcoin will recover and rise again that's something everyone knows, there is no need for Elon to predict or confirm, so it's not a big thing to discuss. We are investing with our own money so stop doing what Elon says because he doesn't want to help you but wants to take your money.

Bitcoin has been under $20k for a while, but hitting $20k isn't too hard for bitcoin. I think no need to wait a few more years for it to hit 20k, bitcoin can hit 20k in 2023 is entirely possible.

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Quote from: lizarder on January 01, 2023, 08:13:57 AM

Quote from: yudi09 on December 30, 2022, 09:23:13 AM

Quote

Bitcoin's development in terms of price will happen in a matter of time. It could be another year or two. We can imagine what the price conditions will be in 2019 and 2020, while it is unexpected how in 2021.

My assumption is that this year there will be a price recovery that will occur in bitcoin, if it follows the cycle as you said before, but it cannot be clearly predicted in what month it will occur, because my calculations in 2024 bitcoin will reach the next ATH, that means 2023 is likely to see a gradual recovery of bitcoin.

We are not at the bottom yet, or are we? Bitcoin is already below $20k, or already 25% of its All time high. I don't know if the bear market will end this year, but if it will, then I guess we should be ready for another huge run, and by saying ready, that means you already have accumulated enough to enjoy the bull market.

I guess if bitcoin will still continue to go down, it will not anymore drop below $10k.

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Quote from: yudi09 on December 30, 2022, 09:23:13 AM

Yes. Bitcoin has both at the moment in the crypto space. Sometimes it's hard to explain to those who only judge Bitcoin in terms of price. The difficulties experienced today when compared to Bitcoin's past journey are really nothing.

In a very different relationship between the present and the past, Bitcoin was not considered the best asset to invest in the past, while now it has proven to be the best asset capable of keeping investment value. What Elon Musk has said about the rise in the price of bitcoin is not entirely right or wrong. Because the closest relationship to the increase in the price of bitcoin is due to a stable supply and demand process in the market, although there are several other things that affect it.

Quote

Bitcoin's development in terms of price will happen in a matter of time. It could be another year or two. We can imagine what the price conditions will be in 2019 and 2020, while it is unexpected how in 2021.

My assumption is that this year there will be a price recovery that will occur in bitcoin, if it follows the cycle as you said before, but it cannot be clearly predicted in what month it will occur, because my calculations in 2024 bitcoin will reach the next ATH, that means 2023 is likely to see a gradual recovery of bitcoin.

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Quote from: bestcoins1 on December 30, 2022, 07:26:52 AM

Quote from: yudi09 on December 30, 2022, 05:54:59 AM

If the current Bitcoin price is still difficult to break the number above $20K, just wait a few more years. $20K will be the initial support price.

From what is seen now in the market there is indeed a little difficulty for Bitcoin to increase to the $20K area, but a price level of that size is still very possible for Bitcoin to reach even though there is no sign for Bitcoin to increase to that area in the near future.

Yes. Bitcoin has both at the moment in the crypto space. Sometimes it's hard to explain to those who only judge Bitcoin in terms of price. The difficulties experienced today when compared to Bitcoin's past journey are really nothing.

Bitcoin's development in terms of price will happen in a matter of time. It could be another year or two. We can imagine what the price conditions will be in 2019 and 2020, while it is unexpected how in 2021.

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Quote from: yudi09 on December 30, 2022, 05:54:59 AM

We long before Elon Musk made that tweet were very confident that Bitcoin would return to a much better price if the current price for some people considered not good. For us, we see Bitcoin not at a price but more than that, namely value. Regarding price, I personally still believe in the four-year cycle.

Price and value do have different definitions for something. And if in this case it's Bitcoin, it's clear Bitcoin still has both of those things at this point even though the price level itself is much different from last year. But Bitcoin still has the opportunity to improve better in the market so I personally still have faith in Bitcoin in terms of improvement.

Quote

If the current Bitcoin price is still difficult to break the number above $20K, just wait a few more years. $20K will be the initial support price.

From what is seen now in the market there is indeed a little difficulty for Bitcoin to increase to the $20K area, but a price level of that size is still very possible for Bitcoin to reach even though there is no sign for Bitcoin to increase to that area in the near future.

yudi09

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Quote from: Rjakash on November 21, 2022, 07:36:28 AM

A few days ago, Elon Musk responded to a friend's tweet saying that the price of BTC may increase by the end of winter. He also asked everyone to be patient. It means that the future of BTCL is very bright and its price will increase. We are all waiting for this winter to end and the market to return to its previous form. InshaAllah the price of BTC and digital currency will return to the previous room thanks

We long before Elon Musk made that tweet were very confident that Bitcoin would return to a much better price if the current price for some people considered not good. For us, we see Bitcoin not at a price but more than that, namely value. Regarding price, I personally still believe in the four-year cycle.

If the current Bitcoin price is still difficult to break the number above $20K, just wait a few more years. $20K will be the initial support price.

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Quote from: Baofeng on December 26, 2022, 06:14:10 PM

It's not as easy as that, crypto winter might take another year, 2023, so it's going to be very hard and cold for us. And we don't need to listen to Elon or any other so called prediction, you can just look at the 4 year cycle and knows when is the next bull run (right after the bitcoin block halving).

And now that we know that, are you still willing to wait that long, or get out right now and come back later?

For some of us, who have been hear during the last bear market and passed the test, it's better to stay and then accumulate as much bitcoin and any other crypto for that matter.

Many experts are saying there will be a severe recession by 2023, so it's very unlikely BTC's price will go to the moon by then. I'd expect further pressure into market prices, until the next halving event (which is scheduled to take place on March 2024). I'm in no hurry to see BTC reaching a new ATH soon, especially when there are other important things to focus on (inflation, geopolitical uncertainty, etc).

All in all, I'd say this is the perfect opportunity to buy coins at a huge discount. If you have spare cash lying around, I'd suggest you go all into Bitcoin to obtain great results in the future. Can you imagine if BTC finally hits $100k? If you held onto your coins today, you'd cash out big time by the time it gets there. Just don't follow the "FUD" and there should be nothing stopping you from becoming filthy rich. Who knows if you become the next Bitcoin millionaire? Just my thoughts Grin

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Definitely, the price of Bitcoin will rise higher, which many investors and traders has used this season to prepared very well ahead to embrace the good news that will come out in the future. Elon musk just suggested that the price of Bitcoin will rise not that he has the power to make the price rise now, because he is just an investors looking for what to achieve from his investment. I believe, next year and next two years will be a wonderful year for both long term traders and short term traders, because the price of Bitcoin will definitely hit $100,000 before the end of 2024.

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Quote from: BigBos on December 29, 2022, 10:15:17 PM

Quote from: lobo13hf on December 22, 2022, 10:08:58 AM

even though it's just his effort in manipulating the market I guess if it's for ending the current trend that's just simply at the worst with all the things revolving around like luna I guess it's not really bad.
after all elon as the richest man would definitely have influence over the market, but that's only if his statement in regard of btc is truly coming from him not some bullshit, since there should be proof of his tweets.

Yep, he is good at marketing at the global level in all kinds of ways and manipulations. In the past, Elon received Bitcoin payments for his Tesla car transactions and after a while, he stated that he bought Bitcoin in the amount of $ 1.5 billion and received a very fast response from investors in 2021, I think the nickname of the richest person is indeed able to move with just action without telling people to buy something, naturally many institutional investors buy Bitcoin.

Of course, what was reported by the OP, I have never seen, is that so or is it just a fabrication?
really I look forward to the tweet link.

If I'm not mistaken, the OP is referring to this tweet by Elon. I also don't like Elon because he just wants to manipulate the market to make a profit. But with this tweet, I also support Elon because he is showing his support for bitcoin, and with his influence will help a lot more people to have faith in bitcoin, which is a commendable thing to praise.

But one thing we need to remember is bitcoin does not depend on anyone to grow, whether Elon says it or not, bitcoin will recover again, and the bearish cycle cannot last forever.

Topic: Elon Musk says the price of BTC will rise - page 2. (Read 2160 times)