Keep depositing Bitcoin and set a goal for holding. - page 2.

danherbias07

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Whatever he says, go against it. Cheesy

FUD. That's all they do. He is probably still thinking right now that Bitcoin will fall but the ETF won't let that happen as the trading volume is going higher.
It's actually getting harder to buy Bitcoin now due to its expensive price and some investors would just say they will buy meme coins or other cheap coins in the market which they think will soar high someday. That's the wrong perspective. Even the lowest satoshi will someday be valuable once the value of Bitcoin grows to the extent that every satoshi will be scavenged by those who have left their wallets for a long time.

Shishir99

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Quote from: Kemarit on December 08, 2024, 12:42:48 AM

On the contrary, he didn't have the guts to make a U-turn, just like what Michael Saylor did. We all know that Saylor was anti-Bitcoin in the beginning, but later he realized that he was wrong and so he not just publicly admitted to it, but he become one of the most bullish investors we have seen in the last couple of years.

Similar to Donald Trump. Donald Trump was kind of anti-Bitcoin a couple of years ago but he seems like a supporter of Bitcoin right now. If things change in the future and Trump personally starts to understand how Bitcoin works and then decides to invest in Bitcoin, that will be another history for Bitcoiners. There is nothing to gain when general investors invest in Bitcoin. But when your enemy becomes your fan, you can understand how it feels. I believe most of these anti-Bitcoin people won't be there at their current position only after a decade. But Bitcoin will be way ahead by then.

tygeade

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Quote from: aylabadia05 on December 16, 2024, 12:19:35 PM

Changes in government policy that support the growth of bitcoin allow the adoption rate to increase. Real use cases of bitcoin as a currency have so far been hampered by government regulations, although that is not the only reason, but government bans have had a major impact on the growth of use cases. If the government over time supports the use cases and adoption of bitcoin, then of course there will be many users who are willing to use bitcoin as currency instead of fiat or other means of payment.

The benefit of government being positive on bitcoin is definitely a vast help for bitcoins adoption but also the price of it as well. We have seen Trump being positive on bitcoin and we have seen how the price of bitcoin improved after that as well. So, it's clear that we are seeing something changing, a lot of things changing really, and that's the most important part of it.

If we can make this work then we are going to of course make a profit by adding more and more bitcoin to our account. With more and more nations and governments becoming positive on bitcoin and ETF's getting accepted all around the world, we are seeing much more benefit and price rising up as well. Things are looking good for our future for sure.

aylabadia05

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Quote from: STT on December 16, 2024, 11:39:53 AM

Quote

People's perspectives have changed over time

Price changed over time most of all which in turn changed peoples minds and then altered the price some more. We go in cycles of that no doubt and when price falls some change their mind right back as its not served their cause in that particular year.

Of course, the psychology of traders and investors tends to change due to market volatility. This is normal so it's not surprising that we get quite a few of them changing their plans midway. The goal remains the same, they just want to maximize profits, but sometimes because of this they suffer losses and lose golden opportunities.

Quote from: STT on December 16, 2024, 11:39:53 AM

How many looked at the technology and had any genuine faith beyond price that this was a useful product with utility over decades is far less in number I think. Trump or anyone else will have a harder time resisting the success of a product that has grown so much, who would stand in the way of that unless they believed they had something superior and not many will think that.

The majority of people who arent in BTC have little understanding or contact with its possible usage so they remain yet to be convinced. Schiff or other doubters are fundamentally opposed to some virtual basis for exchange which is unfortunate in a digital age.
Most are not this extreme yet are outside of Bitcoin waiting to be convinced or for the path to be involved to be made easy, the product must be usable and thats bigger then price rises which can easily fall back.

Changes in government policy that support the growth of bitcoin allow the adoption rate to increase. Real use cases of bitcoin as a currency have so far been hampered by government regulations, although that is not the only reason, but government bans have had a major impact on the growth of use cases. If the government over time supports the use cases and adoption of bitcoin, then of course there will be many users who are willing to use bitcoin as currency instead of fiat or other means of payment.

STT

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Quote

People's perspectives have changed over time

Price changed over time most of all which in turn changed peoples minds and then altered the price some more. We go in cycles of that no doubt and when price falls some change their mind right back as its not served their cause in that particular year.

How many looked at the technology and had any genuine faith beyond price that this was a useful product with utility over decades is far less in number I think. Trump or anyone else will have a harder time resisting the success of a product that has grown so much, who would stand in the way of that unless they believed they had something superior and not many will think that.

The majority of people who arent in BTC have little understanding or contact with its possible usage so they remain yet to be convinced. Schiff or other doubters are fundamentally opposed to some virtual basis for exchange which is unfortunate in a digital age.
Most are not this extreme yet are outside of Bitcoin waiting to be convinced or for the path to be involved to be made easy, the product must be usable and thats bigger then price rises which can easily fall back.

Ricardo11

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Quote from: mirakal on December 11, 2024, 07:41:47 AM

Quote from: $weetne$$ on December 11, 2024, 03:46:02 AM

I have read about different people that have been negative about Bitcoin for different reasons but one thing they have in common is that Bitcoin has always proven them to be wrong and then they regret not buying Bitcoin. Bitcoin is not like other currency or investments depending on what you see it as because it has a tendency of becoming better than it currently is. $100,000 is just the starting point just as when Bitcoin passed $10,000 and many people thought it was going to be the highest price. I think if we can get to $100,000 then nothing is stopping the price of Bitcoin from getting to $500,000 and above $1,000,000. I am not saying it will happen now but in the future, the possibilities should not be ruined out.

Not exactly that we are wrong, it is just about to happen that we have no control over this movement, making everything unexpected. So, as I've said, we respect all speculations because that's all we can do. In fact, even Mr. Satoshi didn't know the price would reach $100k, or, let's assume he speculated it, he certainly didn’t know when. In fact, you are saying "in the future," which means there's still no assurance it will happen. That is why it is called speculation, there's no certainty it will come to happen. So let us stop saying he's right or he is wrong, let's remember we are here to invest, not just to speculate.

Actually the thing is long term continuous investment and holding, Bitcoin follows its own path, we can't do anything about Bitcoin's price fluctuations, Bitcoin goes up and down as it pleases.
What we can do is hold on to Bitcoin's "future", Bitcoin is unpredictable, it has crossed $100K, now no one can say for sure when it will touch $500,000 or $1,000,000, it just depends on the timing, maybe $1M will happen tomorrow, or 1 year or 2 years later, or anytime.
So don't worry about who said what and don't worry about the price, keep investing and holding. Patience and long term holding are the keys to success in Bitcoin investment.

mirakal

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Quote from: $weetne$$ on December 11, 2024, 03:46:02 AM

Quote from: Olatundespo on December 07, 2024, 12:38:47 PM

Over time, Bitcoin's worth has increased and the sky is the limit for investors. I'm also pretty sure that Bitcoin is going to create huge potential for investors/holders in the next 10-15 years.

Don't be like Peter Schiff, set your next goal.

I have read about different people that have been negative about Bitcoin for different reasons but one thing they have in common is that Bitcoin has always proven them to be wrong and then they regret not buying Bitcoin. Bitcoin is not like other currency or investments depending on what you see it as because it has a tendency of becoming better than it currently is. $100,000 is just the starting point just as when Bitcoin passed $10,000 and many people thought it was going to be the highest price. I think if we can get to $100,000 then nothing is stopping the price of Bitcoin from getting to $500,000 and above $1,000,000. I am not saying it will happen now but in the future, the possibilities should not be ruined out.

Not exactly that we are wrong, it is just about to happen that we have no control over this movement, making everything unexpected. So, as I've said, we respect all speculations because that's all we can do. In fact, even Mr. Satoshi didn't know the price would reach $100k, or, let's assume he speculated it, he certainly didn’t know when. In fact, you are saying "in the future," which means there's still no assurance it will happen. That is why it is called speculation, there's no certainty it will come to happen. So let us stop saying he's right or he is wrong, let's remember we are here to invest, not just to speculate.

$weetne$$

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Quote from: Olatundespo on December 07, 2024, 12:38:47 PM

Over time, Bitcoin's worth has increased and the sky is the limit for investors. I'm also pretty sure that Bitcoin is going to create huge potential for investors/holders in the next 10-15 years.

Don't be like Peter Schiff, set your next goal.

I have read about different people that have been negative about Bitcoin for different reasons but one thing they have in common is that Bitcoin has always proven them to be wrong and then they regret not buying Bitcoin. Bitcoin is not like other currency or investments depending on what you see it as because it has a tendency of becoming better than it currently is. $100,000 is just the starting point just as when Bitcoin passed $10,000 and many people thought it was going to be the highest price. I think if we can get to $100,000 then nothing is stopping the price of Bitcoin from getting to $500,000 and above $1,000,000. I am not saying it will happen now but in the future, the possibilities should not be ruined out.

Learn Bitcoin

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Quote from: skarais on December 07, 2024, 02:01:11 PM

He doesn't appear to be an optimist and supports bitcoin publicly, but we don't know if he may have been secretly buying and holding some bitcoins. Things can change quickly and sometimes it doesn't take long, so the assumptions or what came out of his mouth that day have been refuted in December 2024.

For example, Donald Trump was a hater of Bitcoin, and he tweeted something negative a couple of years ago. But things changed over time. He has become a supporter of Bitcoin, and he believes in it. He even promised to release the Silk Road Founder, Ross, if he got elected. People's perspectives have changed over time, and Donald J Trump is just an example.

So, I would like to agree with your point of view that he might bought some Bitcoin secretly if he understood how valuable Bitcoin will be in the future. But there are always some people with Ego who do not accept their mistake. If he is one of them, then I do not expect anything good from him.

jcojci

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We can leave him like that and not think much about him. That is one prevention that we can do to stay away from the negativity about Bitcoin. They think Bitcoin will never reach $100,000.

Those people will not agree investing in your place because they don't believe in Bitcoin. The investors will not complain about this and right now they still invest their money in Bitcoin. He will regret what he is saying because Bitcoin already reach $104,000. It is a big achievement for Bitcoin to gain more support from those who already joined in Bitcoin. Investing in Bitcoin can give both of you to say many things and enjoy the moment. You can keep your Bitcoin for years and continue investing in Bitcoin.

STT

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If you cant be an example, be a warning to others I guess we could say of Schiff. Im generally on Schiff's side because he does at least believe in what he is saying and has a sound basis for resisting any involvement in BTC. It doesnt mean he is right but he at least has genuine reasons which counts for alot for me personally.

His advice is various alternatives, not the Dollar as he sees it as a sinking ship. Its ironic that his criticism of dollar echos alot of what is in the origins of BTC coming out of 2008 and extraordinary measures taken that compromised basis capitalism, accounting and balance to fiscal governance.

Regular involvement is a good idea but I would also argue not to over balance and never borrow to be involved with BTC stay sensible and recognize we do have alot of volatility here.

aoluain

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I think back then almost everyone didnt have the idea of "digital capital" but rather
the view was digital currency, the Bitcoin scene would have been viewed as occupied
by people against the establishment but since Michael Saylors enlightenment
in 2020 and his subsequent views which favour traditional investors and everyone really)

There were also those who were very vocal on their negativity to Bitcoin, Peter Schiff was one.

Great to see that everyone who disagreed with him have been right!

SamReomo

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Quote from: Olatundespo on December 07, 2024, 12:38:47 PM

Peter schiff tweeted 2019 and told "Keep dreaming. Bitcoin never going to hit $100k".

My answer to Peter Schiff, you were wrong man, you were wrong, Bitcoin crossed $100k and even $103k and you were totally wrong Peter.

Bitcoin is the future and president Donald Trump knows it and that's why he's supporting it.

Bitcoin is going to hit $1M and I'm pretty sure Peter will have no word that day when Bitcoin finally reaches $1M.

By the way, congrats to those guys at 100 push-up thread who followed Satoshi's advice and did that 100 push-ups. Who knows if they were directly helping Bitcoin to reach $100k. Wink

BABY SHOES

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We know Peter Schiff has been anti bitcoin for a long time so he will continue to criticize it until whenever, maybe he will be silent when Bitcoin goes to $100K and babble again after the decline...
Then never follow like Peter Schiff it will hinder you to invest sometimes if you continue to pay attention to his fear later there will be doubts... so leave him and never look again.

Olatundespo

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Quote from: mirakal on December 10, 2024, 06:57:20 AM

Quote from: Olatundespo on December 07, 2024, 12:38:47 PM

Don't be like Peter Schiff, set your next goal.

Perhaps he is wrong. But it tells us something that we can speculate, but we shouldn't expect to be right. Whatever happened today, no one truly knows. Of course, we can say he is wrong, but what if bitcoin doesn't reach $100k? We can also say he is right. So, I respect all speculations, whether they are optimistic or pessimistic because anyone can be wrong or right.

If Peter says once again that bitcoin won't reach $300k, I'm sure many will agree. But all these things don't matter, what's important is that we are part of Bitcoin's growth and have investments.

I respectfully take your advice and feel the need to say that sometimes investors can be tempted by negative words. And I recommend that do not stop yourself based on assumptions and focus on Bitcoin savings regularly. Like you, I also respect every assumption and get positive and negative ideas about investments through it and can make the right decision by reviewing important aspects (More Bitcoin Savings).

YOSHIE

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Quote from: Olatundespo on December 07, 2024, 12:38:47 PM

Don't be like Peter Schiff, set your next goal.

Peter Schiff really likes to make humorous Twitter posts about his own speculation about Bitcoin. Everyone has their own speculation about Bitcoin now and in the future, Regarding Peter Schiff, he himself is the CEO or Head of Global Strategy at Euro Pacific Capital, he himself is someone who has investment shares in the crypto market, especially Bitcoin, I'm sure he makes random speculation, but he himself bought a lot of Bitcoin.

Lately there have been more ridiculous speculations, such as suggesting Biden sell all his Bitcoin, Bitcoin threats and so on, but there is something interesting as said by: Max Keiser.

Quote

Max Keiser exposes Peter Schiffs missed chances to invest in Bitcoin over the years, questioning his current financial stance.

I'm sure even though Peter Schiffs says blah-blah about Bitcoin I'm sure he's currently winning against the $100k Bitcoin spike.

mirakal

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Quote from: Olatundespo on December 07, 2024, 12:38:47 PM

Don't be like Peter Schiff, set your next goal.

Perhaps he is wrong. But it tells us something that we can speculate, but we shouldn't expect to be right. Whatever happened today, no one truly knows. Of course, we can say he is wrong, but what if bitcoin doesn't reach $100k? We can also say he is right. So, I respect all speculations, whether they are optimistic or pessimistic because anyone can be wrong or right.

If Peter says once again that bitcoin won't reach $300k, I'm sure many will agree. But all these things don't matter, what's important is that we are part of Bitcoin's growth and have investments.

leonair

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His prediction was absolutely right. We didn't expect the price of Bitcoin to be that high at the time he died. But now we have to accept it. The price of bitcoin will cross million dollar one day in future so we have to buy bitcoin and hold long term by ourselves in the next bear season. As Bitcoin has crossed a major milestone, I don't see any chance for Bitcoin price to rise recently. But in the coming days we will get another chance to enjoy Bear season. And that opportunity should be fully exploited for the next milestone

Olatundespo

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Quote from: Lida93 on December 08, 2024, 04:02:28 PM

Men like Schiff who go publicly criticizing bitcoin back then can be misleading to those who listened to them. Some of these men will criticize bitcoin in the day time and buy at night to the ignorance of those who listened them. And guess what! Today they profiting just as we're doing from bitcoin now at $100k. The people who lose were those that listened to their criticism without even taken a risk on the innovation with any $ they can afford to lose as at that year

It may be that there are many such people and you may not be aware of their mentality, but I believe Schiff may be among those people. I also believe that the critics of Bitcoin who were active in the past have their criticism space narrowed or is about to close. Those who were in favor of the potential for confusion from Bitcoin just a few years ago have become interested in its prosperity, especially the newly elected US President Donald Trump. He was once a staunch opponent of Bitcoin but he is now the one who will try to blooming Bitcoin forward and he commitment it before the election.

justdimin

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Quote from: Pandu Geddon on December 09, 2024, 01:06:57 AM

Now people who talk about the impossibility of Bitcoin reaching the target will talk about Bitcoin fluctuations that will soon destroy the price. They will never admit that their statements are just speculations from their ignorance.

I agree that bitcoin reached is new ATH in a time frame before we expected and similarly it may fall down before we could speculate. This doesn't mean that all the haters are accurate but it is just the cyclic nature bitcoin market like how it does work for every 4 years. So, there will be no point of taking those haters into account; we just need to move on by simply ignoring them. I still feel it is too early to think about the negative sentiments to destroy the bitcoin price levels but that will happen and up to 80% but not from the current level and the time would be by the end of next year.

Quote from: Plaguedeath on December 09, 2024, 04:47:06 AM

They still not trust in digitalization, hence they will see Bitcoin and other thing is like a game or something that unrealistic. Many people who have money choose to buy gold or real estate because for them, they can see their assets are real.

No strategy will remain fittest forever; it means we need to adapt new asset as per the time demands and bitcoin must be one of them. People who are into traditional investing strategy will never like bitcoin but time will teach them because bitcoin must be one of the modern way of investment opportunity.

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