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Topic: How come BTC is not at least $75,000 yet? - page 4. (Read 1921 times)

legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
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.

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.

Anyone that really wants to benefit should invest and wait, next two or three years would be another opportunity. If you can’t wait till then, then you can look for something else.

Exactly. Just because Bitcoin reached a new ATH last year, doesn't mean it'll continue to grow non-stop. There will be times when prices will dip due to market correction. People just want Bitcoin to keep going up to get rich quick. But that's not the way it works. Patience is key towards achieving great results in the future.

Instead of whining, I'd advise anyone to keep buying BTC at current prices. $75k will inevitably happen due to Bitcoin's ever-decreasing block reward. That, alongside with high demand and an extremely-limited supply should lead us towards the designated milestone in no time. Who knows if we become the next Bitcoin millionaires by patiently "hodling" long-term? Just my opinion Smiley
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino

there is no reason to panic because we are still in great value, as of now bitcoin once again broke 40k level and still climbing as i type this post.

The most important thing is to be vigilant. Panic will make everything go awry. It has to do with your money so you should have a variety of alternative strategies. Many people make Halving as a benchmark price movement. Indeed, if it is still repeated then this month is a bearish period. But the market at the moment is much different. Today's market is bigger than it was a year ago. The opportunity to change habits after halving can happen.
we must be vigilant if we are into short term investment or in Day trading but if we are into long term in which "HODLING" then i see no issue if we will just ignore the movement and go to our other ways in which staking or something related to that getting passive income.
i am not worried at all in our time now because i have seen Bitcoin since 2017 and i knew that is normal and also what this can give to me in long term investing.
For those people who do able to experience into this market would definitely be having the same impression on which they would simply ignore on what are the current movements of the market as of today as they are

fully aware on how this market moves which means that volatility wouldnt really affect them anymore so easily thats why they arent expecting something like those digits ahead.One thing is for sure is that they are really making out some plans or move that will utilize for them to take advantage with the market current condition without bothering themselves about probability of possible movements on neither ways.
full member
Activity: 1708
Merit: 105
maybe because, there are still many who use banking in their daily life and fiat still dominates as a lucrative transaction. there are still not many who use bitcoin as a means of payment because there are still many countries that have not accepted it as a legal tender, so there are still many people who still use fiat through banking.

maybe this is also a problem faced by bitcoin, because the turnover and trading using bitcoin is not yet very active so that passive movement makes bitcoin at a stable price and continues to be difficult to move.
if there are many large institutions that are willing to accept payments with bitcoin, it is certain that the value of bitcoin will increase.

but optimism must always exist with the development of bitcoin, with many countries willing to recognize and large institutions willing to continue to actively use bitcoin, it is certain that many have started investing their funds in bitcoin to make transactions easier.
sr. member
Activity: 812
Merit: 272
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.

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.

Anyone that really wants to benefit should invest and wait, next two or three years would be another opportunity. If you can’t wait till then, then you can look for something else.
full member
Activity: 2520
Merit: 204

there is no reason to panic because we are still in great value, as of now bitcoin once again broke 40k level and still climbing as i type this post.

The most important thing is to be vigilant. Panic will make everything go awry. It has to do with your money so you should have a variety of alternative strategies. Many people make Halving as a benchmark price movement. Indeed, if it is still repeated then this month is a bearish period. But the market at the moment is much different. Today's market is bigger than it was a year ago. The opportunity to change habits after halving can happen.
we must be vigilant if we are into short term investment or in Day trading but if we are into long term in which "HODLING" then i see no issue if we will just ignore the movement and go to our other ways in which staking or something related to that getting passive income.
i am not worried at all in our time now because i have seen Bitcoin since 2017 and i knew that is normal and also what this can give to me in long term investing.
sr. member
Activity: 1568
Merit: 283
What you have said is true, Bitcoin is a really good asset for people to be holding right now, because the Fiat is inflationary and it will keep on losing value as time goes on. But, just that Fiat has lost value as of recent, doesn’t mean that Bitcoin will just reach a really high price like you have said. You do understand that this is a process, it is not something that happens within a short period, it is a gradual process. So, you need to have patience and watch the price and see it grow.

Looking at the price now and what it was before the last halving, you would see that there is really a huge progress. So, Bitcoin is really growing and we should appreciate that. Finally, you should also know that not everyone is going to invest in Bitcoin, not because of how good it is, there are still people who wouldn’t be interested in it and they would prefer to rather do something else that would also earn them income.
hero member
Activity: 1400
Merit: 770

there is no reason to panic because we are still in great value, as of now bitcoin once again broke 40k level and still climbing as i type this post.

The most important thing is to be vigilant. Panic will make everything go awry. It has to do with your money so you should have a variety of alternative strategies. Many people make Halving as a benchmark price movement. Indeed, if it is still repeated then this month is a bearish period. But the market at the moment is much different. Today's market is bigger than it was a year ago. The opportunity to change habits after halving can happen.
hero member
Activity: 2170
Merit: 530
In my opinion, this is due to the fact that many people who are already fairly familiar with bitcoin still consider it a long-term investment. They are not fully aware of its volatility, so they believe that it can not be used as fiat money for every need. People have bitcoin, they keep it. This is a saving. And fiat money is used for daily needs, so the interest in them exceeds the interest in bitcoin. Most people do not live in the future (represented by bitcoin), but today. And today they have fiat money.

Well aside from the fact of the volatility of bitcoin for me other reason why many people are still not convinced to buy bitcoin is because they are lacked of knowledge what this coin could give in future like profit especially considering the current price below $40k imagine how much could you gain when it hits a $75,000 or $100k. Regarding the question of OP how come BTC is not at least $75k yet well that's also a big question for us for everyone but we do know the market volatility so this will probably going to affect the price anyway.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
Bitcoin needs time to recover to such a high price. I think it will be at the end of 2022. But making accurate bitcoin price predictions is very difficult, so I trust these guys.
So you trust that prediction provider? then what is the recovery time according to that site? you should share also the profits given to you trusting that one for time now because i will question your reason by providing that link here now.

If you've been here on this market for a while then you wouldnt really be having that kind of behavior on rushing out everything because this isnt how the market works and you
would definitely be aware that this isnt how this market moves easily and it do really surprises out most of the time because bitcoin could reach out ATH's that we dont re ally expect
out.Dont rush up yourself on seeing those numbers because it would really just frustrate you if ever it wouldnt really make out some movement.

I don't really panic over anything about the market so nothing to worry all about as we do have ATH in every year.
Basically i don't keep hyping myself to just see Bitcoin at the price which will led me to lose temper or something else.
there is no reason to panic because we are still in great value, as of now bitcoin once again broke 40k level and still climbing as i type this post.
hero member
Activity: 504
Merit: 816
Top Crypto Casino
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.

In my opinion, this is due to the fact that many people who are already fairly familiar with bitcoin still consider it a long-term investment. They are not fully aware of its volatility, so they believe that it can not be used as fiat money for every need. People have bitcoin, they keep it. This is a saving. And fiat money is used for daily needs, so the interest in them exceeds the interest in bitcoin. Most people do not live in the future (represented by bitcoin), but today. And today they have fiat money.
sr. member
Activity: 1848
Merit: 341
Duelbits.com
If you've been here on this market for a while then you wouldnt really be having that kind of behavior on rushing out everything because this isnt how the market works and you
would definitely be aware that this isnt how this market moves easily and it do really surprises out most of the time because bitcoin could reach out ATH's that we dont re ally expect
out.Dont rush up yourself on seeing those numbers because it would really just frustrate you if ever it wouldnt really make out some movement.

I don't really panic over anything about the market so nothing to worry all about as we do have ATH in every year.
Basically i don't keep hyping myself to just see Bitcoin at the price which will led me to lose temper or something else.

It will come in time, no need to rush. And if you see an increase today, this actually makes the market happy. Regardless of the relationship between the current rise and Elon tweets it has always been a piece of the puzzle that was assembled. Should we take the market when we are bored and then wait for the moment?

I wouldn't trust Elon too much, but on the other hand, he always tries to play around in calm water.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
If you've been here on this market for a while then you wouldnt really be having that kind of behavior on rushing out everything because this isnt how the market works and you
would definitely be aware that this isnt how this market moves easily and it do really surprises out most of the time because bitcoin could reach out ATH's that we dont re ally expect
out.Dont rush up yourself on seeing those numbers because it would really just frustrate you if ever it wouldnt really make out some movement.

I don't really panic over anything about the market so nothing to worry all about as we do have ATH in every year.
Sorry but we do ATH every year? when was the last time that we have reached ATH multiple years? at least give 2 consecutive years that there are ATH?


Quote
Basically i don't keep hyping myself to just see Bitcoin at the price which will led me to lose temper or something else.
even if you hype yourself yet Market will show its capacity if worth to hype or not so better do your way to wait and trust the market.
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.
hero member
Activity: 1428
Merit: 653
Leading Crypto Sports Betting & Casino Platform
If you've been here on this market for a while then you wouldnt really be having that kind of behavior on rushing out everything because this isnt how the market works and you
would definitely be aware that this isnt how this market moves easily and it do really surprises out most of the time because bitcoin could reach out ATH's that we dont re ally expect
out.Dont rush up yourself on seeing those numbers because it would really just frustrate you if ever it wouldnt really make out some movement.

I don't really panic over anything about the market so nothing to worry all about as we do have ATH in every year.
Basically i don't keep hyping myself to just see Bitcoin at the price which will led me to lose temper or something else.
hero member
Activity: 2730
Merit: 632
Your pure understanding about Bitcoin is quiet more difference between you and ordinary-man's understanding just as few people have said here and i want to see it as a choice for people to choose whether to buy and hold or to start involving their daily activities with bitcoin like using it for rent a building, or pay rent, transaction, tuition fees, name it all. Until they have a clear understanding on how it works then i don't think they will be open to jump into BTC mostly what happened last year; many of them jump into the market having the mind that it will hit to $100k but it was rather went down which led most of them to panic and pulled out from the market. At this point is not a thing of comparism but it takes gradual processes so let watch how it goes before the year ends.
If you've been here on this market for a while then you wouldnt really be having that kind of behavior on rushing out everything because this isnt how the market works and you
would definitely be aware that this isnt how this market moves easily and it do really surprises out most of the time because bitcoin could reach out ATH's that we dont re ally expect
out.Dont rush up yourself on seeing those numbers because it would really just frustrate you if ever it wouldnt really make out some movement.
hero member
Activity: 1428
Merit: 653
Leading Crypto Sports Betting & Casino Platform
Your pure understanding about Bitcoin is quiet more difference between you and ordinary-man's understanding just as few people have said here and i want to see it as a choice for people to choose whether to buy and hold or to start involving their daily activities with bitcoin like using it for rent a building, or pay rent, transaction, tuition fees, name it all. Until they have a clear understanding on how it works then i don't think they will be open to jump into BTC mostly what happened last year; many of them jump into the market having the mind that it will hit to $100k but it was rather went down which led most of them to panic and pulled out from the market. At this point is not a thing of comparism but it takes gradual processes so let watch how it goes before the year ends.
legendary
Activity: 1554
Merit: 1139
Pretty simple.

1. A lot of people(especially in 1st world countries like the US) are living comfortably thinking they they don't need bitcoin.
2. A lot of institutional money(or people in general) still think that bitcoin is a scam/fad.
3. Still, even today in 2022, only a very small majority of people(and bitcoin holders) actually knows it's importance. Most are here thinking that it's a get-rich-quick scheme.
Very true. I don't see a reason why, bitcoin  should just pump despite the inflation that happens to fiat currencies around the world. The best step towards a more stable price is a gradual shift towards the bears and bulls until. A rushed pump would make it seem like a balloon that is set to burst and would scare away many supposedly investors. People would take profit and you would see it dump quickly as it pumped and that would hurt the currency. Its gradual growth is giving a chance to more and more persons to dive in and for bitcoin to have more used case.

It's surprising how bitcoin has persevered over the years and still, majority of the world still view it for a scam. Well, some were meant to jump on the fun train late and we are sure to hear there sorry stories in the later future.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
The question is not "why?", the question is "when?". Now the whole world is watching the drama in Ukraine. The world economy is in a fever very seriously, and if the war does not end quickly, a crisis is inevitable throughout the world. The question is where will people be saved during this turbulent period? Answer: they will invest in bitcoin not even for profit, but to minimize their losses. Then the price will very quickly go to those levels about which there was a question, and maybe even higher. I think we will see such a situation already during this spring.

That's the most likely scenario that will take place soon. People will begin to invest into Bitcoin like crazy as the global economy sinks deeper due to the on-going Russia-Ukraine crisis. If Gold reached a little more than $2k for the first time in history, then Bitcoin can do better. It's just that not many people know about Bitcoin. Slowly but surely, we will get there as more people become aware of Bitcoin as an alternative to the current monetary system.

All in all, patience is key in order to see great results in the future. $75k is just the tip of the iceberg as the best is yet to come. Considering that Bitcoin reached new All-time-highs over time, it's probable Bitcoin will go higher in price within 5-10 years from now. Ultimately, it's not about the money but rather the technology. As long as Bitcoin proves to be a decentralized cryptocurrency no one can stop, nothing else matters. Just my opinion Smiley
member
Activity: 564
Merit: 50
Part of investors is cut off from buying crypto. I am speaking about those who are on Russian territory and are blocked by IP on exchange, or their accounts are switched from SWIFT (cant use card to buy crypto). I dont know the stats, but Russians buy a lot of crypto and are very interested in it (check out their local board here, one of the largest).
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
Right now it is very difficult for it to reach that price, but it is very likely that it will have that level or more, because the upper ATH is very easy for it to be overcome, however, the BTC whales that are bullish are just preparing and are in mode Hodl taking care of his interests, the truth is that the fundamental ones like war and others like the Covid-19 are the ones that are really there so that at the moment that those dips buy and buy, some actually see this as the best opportunity of their lives. Now considering the war between Russia and Ukraine, it is likely that the BTC will gradually recover, because the problems with fiat money begin, especially the regulations that exist against Russia, the most optimal way to move money right now it's through BTC, or crypto, so these are totally exploitable opportunities and at the same time it could generate a rise in the price of BTC.
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