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Topic: How come BTC is not at least $75,000 yet? - page 3. (Read 1921 times)

newbie
Activity: 9
Merit: 0
There are many things that can happen with Bitcoin. If you have debt, you can respond, but I don't think it's panicking enough.
I still believe that the marketability of Bitcoin is limitless.

Homepage : https://keonhacai.wiki/
full member
Activity: 1848
Merit: 158
The USD is losing value. The EUR is losing value. All national coins are inflationary, energy prices are through the roof and still BTC is only $36,500! People should buy BTC like crazy, this is something I don't understand, they keep using the crappy FIAT instead. FIAT will all make you poor! Don't come crying here after when BTC hits $100K, but FIAT is the worst investment someone can make these days. BTC is still cheap as peanuts considering its potential, too bad people don't see it, have fun staying poor and keep making those bankers rich. Unbelievable.

No need to rush- let time do its thing in order to maximize the value of BTC.

Remember that due to a limited supply of 21 million in the market, the value of BTC depends highly on the law of demand and supply. In addition, its inflationary nature makes it a perfect investment tool for people who want to keep their BTCs long term. Imagine, 5-7 years ago, the price of 1 BTC was nowhere near its value today- so just be patient and let time do its thing until it matures depending on the value you are willing to sell your coins.
we just have to wait to reach $75k patiently because the real winners will be strong holders and the price is not too far from ATH last year. fiat supply from year to year will always increase this is where the basic difference is, while bitcoin is the opposite

This is true, the bitcoin supply is fixed. So the higher the demand, and so is the increase of price. People are sometimes in a hurry to get their profits. But they should understand that it is not always on their favor here. We need to be patient if you want to reap your rewards. While waiting, you should be accumulating valuable coins before you regret in the future, that is, if you truly believe the future of crypto.
hero member
Activity: 2660
Merit: 651
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we just have to wait to reach $75k patiently because the real winners will be strong holders and the price is not too far from ATH last year. fiat supply from year to year will always increase this is where the basic difference is, while bitcoin is the opposite
My advice to you guys is to step aside from some stablecoin that you can use to buy dip because normally we shouldn't expect any parabolic momentum in the Bitcoin market and I am saying this base on the previous market momentum of Bitcoin after the Bitcoin halving effect market.
If Bitcoin replicates the old momentum we ought to see a huge market correction but the institutional investors holder are bullish on BTC and it still prevents it from happening but it may not be for long.
full member
Activity: 686
Merit: 107
The USD is losing value. The EUR is losing value. All national coins are inflationary, energy prices are through the roof and still BTC is only $36,500! People should buy BTC like crazy, this is something I don't understand, they keep using the crappy FIAT instead. FIAT will all make you poor! Don't come crying here after when BTC hits $100K, but FIAT is the worst investment someone can make these days. BTC is still cheap as peanuts considering its potential, too bad people don't see it, have fun staying poor and keep making those bankers rich. Unbelievable.

No need to rush- let time do its thing in order to maximize the value of BTC.

Remember that due to a limited supply of 21 million in the market, the value of BTC depends highly on the law of demand and supply. In addition, its inflationary nature makes it a perfect investment tool for people who want to keep their BTCs long term. Imagine, 5-7 years ago, the price of 1 BTC was nowhere near its value today- so just be patient and let time do its thing until it matures depending on the value you are willing to sell your coins.
we just have to wait to reach $75k patiently because the real winners will be strong holders and the price is not too far from ATH last year. fiat supply from year to year will always increase this is where the basic difference is, while bitcoin is the opposite
hero member
Activity: 2268
Merit: 789
The USD is losing value. The EUR is losing value. All national coins are inflationary, energy prices are through the roof and still BTC is only $36,500! People should buy BTC like crazy, this is something I don't understand, they keep using the crappy FIAT instead. FIAT will all make you poor! Don't come crying here after when BTC hits $100K, but FIAT is the worst investment someone can make these days. BTC is still cheap as peanuts considering its potential, too bad people don't see it, have fun staying poor and keep making those bankers rich. Unbelievable.

No need to rush- let time do its thing in order to maximize the value of BTC.

Remember that due to a limited supply of 21 million in the market, the value of BTC depends highly on the law of demand and supply. In addition, its inflationary nature makes it a perfect investment tool for people who want to keep their BTCs long term. Imagine, 5-7 years ago, the price of 1 BTC was nowhere near its value today- so just be patient and let time do its thing until it matures depending on the value you are willing to sell your coins.
hero member
Activity: 2856
Merit: 667
With Russia being squeezed out using its own economy with the blocking of swift for its banking services, aren't its people suppose to turn to bitcoin which should have shown bullish traits by now...
I asked myself the same question mate, and not just for Russia. Seems the inflation will be through the roof, so I expected people will buy BTC to keep their protect their money.
Everyone is supposed to turn to Bitcoin for saving money but the problem is awareness. Many people are not aware of the importance of bitcoin. But for Russia and Ukraine because of the war their citizens is supposed to know about bitcoin because they are looking for a way to survive in a hash economy.
Some of the citizens know about bitcoin as exposure of bitcoin in Russia is huge.
As we can see from https://triple-a.io/crypto-ownership-russia/.. it says that the 11.9% of Russia's total population currently own cryptocurrency.
So you can already see the awareness from that figure itself.

Every country fiat will keep loosing value and by the future everyone will join bitcoin bandwagon
No, it doesn't work that way, when some country struggles, some would also enjoy it because they won the competition, that's why we have poor countries and rich countries.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
With Russia being squeezed out using its own economy with the blocking of swift for its banking services, aren't its people suppose to turn to bitcoin which should have shown bullish traits by now...
I asked myself the same question mate, and not just for Russia. Seems the inflation will be through the roof, so I expected people will buy BTC to keep their protect their money.
the war runs more than 2 weeks now but yet there are no sign of Russians or even Ukrainians investing large amount to bitcoin or at least in other altcoins? look at the capitalization of market still holding same before the war started .
this means one thing I believe and that is the both countries still not into crypto saving their money .
The economic situation and world conflict that made Bitcoin unable to break through again to the $75k level, world investors prefer him rather than deal with big losses, wait for the economic situation and world conflicts to calm down, all elements will return to Bitcoin, at that time the Bitcoin price will reach $75k.

what do you mean by AGAIN?  bitcoin never crossed 75k mate but that is considered to be the barricade level.
rby
hero member
Activity: 742
Merit: 611
Brotherhood is love
With Russia being squeezed out using its own economy with the blocking of swift for its banking services, aren't its people suppose to turn to bitcoin which should have shown bullish traits by now...
I asked myself the same question mate, and not just for Russia. Seems the inflation will be through the roof, so I expected people will buy BTC to keep their protect their money.
Everyone is supposed to turn to Bitcoin for saving money but the problem is awareness. Many people are not aware of the importance of bitcoin. But for Russia and Ukraine because of the war their citizens is supposed to know about bitcoin because they are looking for a way to survive in a hash economy.
Every country fiat will keep loosing value and by the future everyone will join bitcoin bandwagon
full member
Activity: 2548
Merit: 217
The USD is losing value. The EUR is losing value. All national coins are inflationary, energy prices are through the roof and still BTC is only $36,500! People should buy BTC like crazy, this is something I don't understand, they keep using the crappy FIAT instead. FIAT will all make you poor! Don't come crying here after when BTC hits $100K, but FIAT is the worst investment someone can make these days. BTC is still cheap as peanuts considering its potential, too bad people don't see it, have fun staying poor and keep making those bankers rich. Unbelievable.
Chill mate, we will be there soon  Grin

Bitcoin support failed to reach that point though only 6k dollars the last ATH left to break that 75,000 usd price.

I'm not sure if 2022 is enough chance to do this but one thing is sure here that before 2025 this will be broken and we will be seeing even much higher lol.
Are you forgetting that during the second to the last ATH we had, that the market price didn’t really reach $20,000? It was just somewhere close to that range. So the market only stops where it is right for it to stop, and people should learn to have patience.
did I? and please tell us how much is the close amount? hundred bucks? is that something that needs to be discussed ?

bitcoin almost reached that amount mate so lets not make this an issue.

Quote
The market would go up, but I have seen some people who keep on expecting a bull run to take place even after we had already seen one take place just in 2021. They want it to be a process that would be repeating itself every yeah, but that is not how it works. There are times that the market would go up, and there are also times that it will go down. The problem with some of the people here is that they are lacking patience, and that is why they always end up missing that opportunity.
let them expect what they thing is coming but us who knows the market? we are not on the same track here
Quote
If you can’t wait till then, then you can look for something else.
What we wanted to see will reflect in how much we can risk and how much we can maintain our position .
copper member
Activity: 445
Merit: 308
With Russia being squeezed out using its own economy with the blocking of swift for its banking services, aren't its people suppose to turn to bitcoin which should have shown bullish traits by now...
I asked myself the same question mate, and not just for Russia. Seems the inflation will be through the roof, so I expected people will buy BTC to keep their protect their money.
hero member
Activity: 1834
Merit: 879
Rollbit.com ⚔️Crypto Futures
The economic situation and world conflict that made Bitcoin unable to break through again to the $75k level
If memory saves me right, Bitcoin was unable to break this barrier of $75k way before the "world conflict" happened which makes it a debatable. And i hope the world conflict is not in reference to the current happenings between Russia and Ukraine  Roll Eyes

world investors prefer him rather than deal with big losses, wait for the economic situation and world conflicts to calm down, all elements will return to Bitcoin, at that time the Bitcoin price will reach $75k.

With Russia being squeezed out using its own economy with the blocking of swift for its banking services, aren't its people suppose to turn to bitcoin which should have shown bullish traits by now...
member
Activity: 790
Merit: 44
The economic situation and world conflict that made Bitcoin unable to break through again to the $75k level, world investors prefer him rather than deal with big losses, wait for the economic situation and world conflicts to calm down, all elements will return to Bitcoin, at that time the Bitcoin price will reach $75k.
sr. member
Activity: 1498
Merit: 326
Vave.com - Crypto Casino
November when the market rose and reached almost $70k then I'm optimistic the price will continue to skyrocket to at least $90k, unfortunately the market was unexpected so the price dropped again, but I'm sure the price will recover soon and this year I'm still optimistic that $100k can be achieved.
But, my question is did you miss the opportunity of selling your coins? as it seems you are because you are waiting for the 90k pump. It's been 4 months already ever since the price drop and there are no signs of full recovery yet.
There is a small increase but the price will eventually fall down after a day or two. You haven't reached your previous target yet which is 90k and now you are expecting for more? you want 100k this time. What happens if it will fail again? I guess your gonna aim for 120k or more and so on. Market of cryptos will never be predictable so you should sell sometimes if you have a chance or if you think you are in profit already.

I like this, I liked your thought that selling bitcoin if you think you are in profit.
But, I always like to say invest that money on cryptocurrency which you effort to lose. otherwise, you will never make a profit.

Everyone knows Bitcoin will reach $75K/$90K even it can surpass $100k it is not impossible. But, no one knows when actually that time will come. So, Buy the dip wait for the ATH, if you missed selling at ATH then wait until the new opportunity has come. Don't act like a loser, Never ever sell your coins at loss.  Smiley
legendary
Activity: 2282
Merit: 1023
There are a few reasons why bitcoins are not at 75,000 USD right now. The biggest are Russia-Ukraine war, threat of nuclear war, ongoing covid pandemic, rising inflation and slowing world economy. All these factors together made it a very bad start into 2022. But even with the short term outlook not looking so great, bitcoins are still above 30,000 USD.
Seems like the market went down from the all time high valuation after hearing the possibility of a war and that is not the truth. The market touched its all time high valuation and majority of the market went down and there was a period we thought we are moving in a full bear mode, but even the market is hovering over $38k which is a good sign and war has nothing to do with the current valuation.
legendary
Activity: 1918
Merit: 3047
LE ☮︎ Halving es la purga
We are in an era where some people still prefer to listen to a longplay because of that melancholy memory, not because it seems vintage, but because they remain faithful to the traditional sound of the record player.

The rhythm that bitcoin carries is perhaps in its very essence the best, this has allowed us to find some answers in its scalability, so alternatives (LN, Taproot, etc.) arise from time to time,  then it is necessary that those who are remain calm.  Smiley

The price of your thoughts (or Dreams) and adoption to your will come...
hero member
Activity: 2590
Merit: 644
November when the market rose and reached almost $70k then I'm optimistic the price will continue to skyrocket to at least $90k, unfortunately the market was unexpected so the price dropped again, but I'm sure the price will recover soon and this year I'm still optimistic that $100k can be achieved.
^ Surely it will but the problem here is there is no time frame when it will happen as we know the fact that BTC price is unpredictable.
I don't believe that this year BTC price will increase and reach the previous ATH, probably my guess is after on BTC next halving which was most BTC enthusiast's expected moment. We wait for the strong resistance that will come and for now, we should understand the market because other countries was facing difficulties and sometimes they become a cause of shaking the BTC price.
hero member
Activity: 2828
Merit: 611
November when the market rose and reached almost $70k then I'm optimistic the price will continue to skyrocket to at least $90k, unfortunately the market was unexpected so the price dropped again, but I'm sure the price will recover soon and this year I'm still optimistic that $100k can be achieved.
But, my question is did you miss the opportunity of selling your coins? as it seems you are because you are waiting for the 90k pump. It's been 4 months already ever since the price drop and there are no signs of full recovery yet.

There is a small increase but the price will eventually fall down after a day or two. You haven't reached your previous target yet which is 90k and now you are expecting for more? you want 100k this time. What happens if it will fail again? I guess your gonna aim for 120k or more and so on. Market of cryptos will never be predictable so you should sell sometimes if you have a chance or if you think you are in profit already.
sr. member
Activity: 1722
Merit: 252
November when the market rose and reached almost $70k then I'm optimistic the price will continue to skyrocket to at least $90k, unfortunately the market was unexpected so the price dropped again, but I'm sure the price will recover soon and this year I'm still optimistic that $100k can be achieved.
hero member
Activity: 1974
Merit: 534
There are a few reasons why bitcoins are not at 75,000 USD right now. The biggest are Russia-Ukraine war, threat of nuclear war, ongoing covid pandemic, rising inflation and slowing world economy. All these factors together made it a very bad start into 2022. But even with the short term outlook not looking so great, bitcoins are still above 30,000 USD. As long as we can stay above this important barrier I wouldn't worry to much. All these reasons are not a direct problem of Bitcoins or other crypto currencies, but rather a general problem in the world. Stocks and other investments are hurting as well. Once we can return to normality a rise in the bitcoin price should happen. Without these crisises the price would be much higher today. In my opinion we will see a new ATH later this year.
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
The USD is losing value. The EUR is losing value. All national coins are inflationary, energy prices are through the roof and still BTC is only $36,500! People should buy BTC like crazy, this is something I don't understand, they keep using the crappy FIAT instead. FIAT will all make you poor! Don't come crying here after when BTC hits $100K, but FIAT is the worst investment someone can make these days. BTC is still cheap as peanuts considering its potential, too bad people don't see it, have fun staying poor and keep making those bankers rich. Unbelievable.

Not everyone will buy bitcoin when it is not a legal currency in many parts of the world. There are some institutions or people with huge amounts of fiat, who only want to invest in things that are recognized by the governments. There are other people who prefer to invest in gold and do not trust bitcoin because of its volatile nature.
But keep in mind that bitcoin will reach 75,000$ or more very soon. It's just that we don't know exactly when it will reach these values.
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