More records for bitcoin as we welcome 2021.

Caross

copper member

Activity: 65

Merit: 11

Quote from: galestorm on March 29, 2021, 05:32:02 AM

Bitcoin has certainly reached new heights this 2021, having a record high of 50,000 dollars. I guess it had something to do with Elon Musk and his support on bitcoin. He has also influenced other people to invest on this cryptocurrency, thus increasing the coin's demand. There is also a speculation that bitcoin could top out at $150K to $300K in 2022. The current bitcoin (BTC) bull market could accelerate around September and then slow down by June 2022 before entering a bear market. That’s according to Jiang Zhuoer, CEO of BTC.Top, one of the largest cryptocurrency mining platforms based in China. Of course this is just a forecast, and is subjected to change.

You should correct the figure of bitcoin 2021 ATH you stated

Code:

$50,000

you are not correct as bitcoin has done $61800 market price sometimes in late February. 2021, the year came with a lot of price increase and adoption for bitcoin and that has been as a result of bitcoin scalability. I believe this is just the beginning of bitcoin breaking new limits we are going to see more price surge as time goes on.

galestorm

sr. member

Activity: 448

Merit: 251

Futurov

Bitcoin has certainly reached new heights this 2021, having a record high of 50,000 dollars. I guess it had something to do with Elon Musk and his support on bitcoin. He has also influenced other people to invest on this cryptocurrency, thus increasing the coin's demand. There is also a speculation that bitcoin could top out at $150K to $300K in 2022. The current bitcoin (BTC) bull market could accelerate around September and then slow down by June 2022 before entering a bear market. That’s according to Jiang Zhuoer, CEO of BTC.Top, one of the largest cryptocurrency mining platforms based in China. Of course this is just a forecast, and is subjected to change.

Altcoinsintel

member

Activity: 342

Merit: 24

Quote from: Tessnik on January 08, 2021, 07:59:08 AM

This figure you posted is incorrect bitcoin has gone above that figure in the past one week as at the time of replying this post the price of bitcoin is already above $40,000 so please edit and correct your mistake.

Bitcoin has shown some high level of recognition both to individual and institutions in towards the end of 2020 and up till now the records keep soaring high day by day.

Can someone give a reasonable explanation on why this post was meritted? I am in bitcointalk for a while but I still don't understand exactly how merit works.
Is it given to posts that correct others? Is it because you liked this post because of the content it provided?

Appreciate it if those who meritted explain how it works and why this post deserved 8 merit by four different accounts.

Also why this post was meritted and the rest bellow and above weren't. I mean it has to be something exceptional I overlook?

Twentyonepaylots

sr. member

Activity: 1918

Merit: 370

Bitcoin showing people what it's capable of is the highlight of cryptocurrency 2021, what was once thought a pump and dump scheme is now burning everyone's expectations and pockets because of transaction fees lmao. Realy though I hope they do sometjing about it because there is no way someone's gonna fork over 300 dollars just to withdraw $2500 earning. That's too much.

Stalker22

legendary

Activity: 1526

Merit: 1359

Quote from: cynta on January 09, 2021, 10:17:35 AM

Quote from: Nikole Fischer on January 09, 2021, 09:28:38 AM

I think 2021 will be the year of cryptocurrencies. Only at the beginning of January, the price of Bitcoin has already crossed 40k and became an all-time high. Ethereum has risen to the price of 2018 and, according to forecasts, should increase even more. And it's only the beginning of the year!!

Elon musk i think posted on his twitter supporting one dogecoin. So imagine a billionaire in support of cryptocurrencies. Banks will eventually find ways to monetize cryptos on transactions.

When Elon Musk called on his followers on Twitter to "use Signal" he meant an application for encrypted messages, but some people apparently took that completely differently.
Shares of an unrelated company called "Signal Advance" rose more than 600%, raising the price from 60 cents to $7.19. Grin

The organization behind the Signal Messaging app published Twitter status on Friday to make it clear that it had nothing to do with Signal Advance.

https://twitter.com/signalapp/status/1347622177437151233?s=20

cynta

member

Activity: 165

Merit: 10

Quote from: Nikole Fischer on January 09, 2021, 09:28:38 AM

I think 2021 will be the year of cryptocurrencies. Only at the beginning of January, the price of Bitcoin has already crossed 40k and became an all-time high. Ethereum has risen to the price of 2018 and, according to forecasts, should increase even more. And it's only the beginning of the year!!

Elon musk i think posted on his twitter supporting one dogecoin. So imagine a billionaire in support of cryptocurrencies. Banks will eventually find ways to monetize cryptos on transactions.

Nikole Fischer

newbie

Activity: 74

Merit: 0

I think 2021 will be the year of cryptocurrencies. Only at the beginning of January, the price of Bitcoin has already crossed 40k and became an all-time high. Ethereum has risen to the price of 2018 and, according to forecasts, should increase even more. And it's only the beginning of the year!!

jasonjm

hero member

Activity: 1288

Merit: 524

Buzz App - Spin wheel, farm rewards

It took almost 3 years for bitcoin to reach its previous ATH but after crossing $20k, the value of bitcoin almost doubled within no time and with institutions and firms coming in, I think the price might go a bit further till next dump to remove almost all retail crypto users.

jademaxxiss012

member

Activity: 308

Merit: 15

This is a very welcome progress for bitcoin. Non bitcoiners now started already talking about bitcoin in which the first time they talk before bitcoin bull trend stating that bitcoin is scam. Now that they see bitcoin is good then they had change their mind already and they stated that bitcoin is a good form of investment or an asset.

samputin

sr. member

Activity: 1036

Merit: 294

If there's one thing I won't forget about 2020 apart from the pandemic, that's the price of bitcoin reaching $20k and over. And now that we're in 2021, bitcoin's price is now over $30k. That's a good way to start the year as well. Further, the price is continuing to increase and might set another record. But, the year just began and there will surely many things to happen as time goes by. For now, let's just enjoy the pump we're experiencing and get ready for the dump.

shoreno

full member

Activity: 1750

Merit: 118

$24345 ? were did you get that price , i was thinking and checking your date of thread and there is nothing wrong with the dates .you posted the thread at year 2021 and as we start this year , the price of btc is already over 30k usd and now btc is at 40k usd . this is more trending than previous ath's but doubts wont be gone and infact people have more doubts this time or when the time btc reach a verry high price . price might be high already but it was said that it will grow more evenly , more records are we going to witness by this year and onwards .

Taskford

hero member

Activity: 2520

Merit: 783

Quote from: kentrolla on January 09, 2021, 05:54:56 AM

Quote from: ?? on ??

this year is the biggest for Bitcoin, the price is above the previous ATH, positive trends in bitcoin and other altcoins are likely to continue, I just want to say extraordinary

Yes it is, The momentum is very strong and that's how the price of BTC and alts are gradually increasing without any full stop, The massive pump has been the hot topic every where from social media to newspapers. More and more to come in upcoming years I am desperately waiting to see a dump in the market if this happens I will surely buy and fill my bag and I will wait for few more years till it reaches 100k and I am planning to to make a resolution for this... phew Cool

I see so many shared article in social media sites so I believe this one creates more good attention to the people right now, also this is the time that we need to be careful although the growth is so solid and we should be careful about the dump coming so that we will not regret to exit at loss. But since the price is projected to reach at $50k almost come to reality for sure more demand will came that could lift bitcoin to reach the target price.

kentrolla

hero member

Activity: 1652

Merit: 569

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Quote from: ?? on ??

this year is the biggest for Bitcoin, the price is above the previous ATH, positive trends in bitcoin and other altcoins are likely to continue, I just want to say extraordinary

Yes it is, The momentum is very strong and that's how the price of BTC and alts are gradually increasing without any full stop, The massive pump has been the hot topic every where from social media to newspapers. More and more to come in upcoming years I am desperately waiting to see a dump in the market if this happens I will surely buy and fill my bag and I will wait for few more years till it reaches 100k and I am planning to to make a resolution for this... phew Cool

proTECH77

member

Activity: 1120

Merit: 30

Bisq Market Day - March 20th 2023

Many researchers has predicted, that 2021 in the price of bitcoin will be more increase than 2020, where the price of bitcoin was between $19k to $28k. Bitcoin has break the record first in history of crypto by $30k to $40k which no other cryptocurrencies have ever reach the price in the exchange market.
According to researcher, this is just the beginning of the rising of bitcoin price which by the half of the year 2021 bitcoin price will definitely reach $90k.

AniviaBtc

sr. member

Activity: 1120

Merit: 272

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This is really a good start for us, bitcoin investors, as we are seeing positive movements in the market.

Bitcoin already achieved a lot of milestones from $20k, $30k, and now $40k. Imagine that in just a month its price doubled in the market that's why people are still patiently waiting on when it will have its peak to sell it. Until now, there are still positive movements in the price of bitcoin and it is really hard to determine when to sell.

Although other people already sold their bitcoin, there are still investors who are determined to have a much higher profit from it.

This year is really having a good run from the start, 2021 please be good to us.

crypticj

sr. member

Activity: 873

Merit: 268

Yeah, we see ATH almost everyday. However, after so big growth will be dump. The main question is when

NelfiNovita

full member

Activity: 640

Merit: 104

bitcoin has made history this year, today the price of bitcoin has exceeded what I wanted, I did not think that the price of bitcoin was this expensive. many investors have taken advantage of the results of holding bitcoin for a very long time.

michellee

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Quote from: ?? on ??

The new year can be a wonderful year for Bitcoin. In 2020, elections and vaccine news paved the way for this development, and large corporate investments in Bitcoin were able to continue this trend.
I hope that these improvements will continue.

This year bring new hope for people who already invest in bitcoin. They can hope that this year can give them the opportunity to recover or make a lot of money from their investment. After getting a loss from a long time ago, people seem to celebrate this moment by selling their bitcoin and take the money for their profit. We can hope the trend will continue this year and next year, and we will have much time to see the bitcoin price will reach a high peak.

Walterhank

jr. member

Activity: 70

Merit: 1

Bitcoin has shown massive performance in these previous months especially these couple of weeks. This has certainly made a big impression. But I think $50K is as big as BTC can go for the time being. Maybe after a couple of months, it can go above that mark.

adzino

copper member

Activity: 2968

Merit: 575

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Quote from: Vaskiy on January 08, 2021, 05:51:43 PM

We can't conclude on the ath of bitcoin. In no time the growth could happen as well as corrective changes will happen. As the market is manipulative people with large volume of holdings tend to manipulate the market. This time it hasn't happened, maybe the network isn't supportive for the same. Every day Bitcoin is making a new history, and I expect the same to be carried forward.

Anything you say here doesn't make any sense. I guess you meant the market is "volatile" not manipulative. And would be better to stop spreading fear by saying that the market of bitcoin can be manipulated by someone holding large amount of coins. It is not as easy as you think to manipulated the market of bitcoin. If it were some random altcoins, then yeah, it would have been easy. But in case of bitcoin, it is not. Sure, they do get manipulated a bit, but the price quickly gets corrected.
The current rise is not from manipulation, but due to high interest of various large scale companies in bitcoin.

Topic: More records for bitcoin as we welcome 2021. (Read 529 times)