Topic: The Rise of Bitcoin (Read 1133 times)
It's like a cycle, in which bitcoin has left from bearish market. and make a new round, which is bullish. 2018 is the lowest level on the high end of the increase. and it will restart the increase. it might go as high as $ 20k- $ 30k. I don't really understand the reason. the only thing I understand is that bitcoin starts increasing after going down.
Well, I think that the current increase in the price of bitcoin is the effect of the halving. Well, I hope that I am right, and the speculation is, the price will pump in 2021 due to the halving effect as happened in previous years. well, if there is any other factor, it would be because people started investing in bitcoin again. I'm pretty sure the bitcoin price will continue to recover to close to $ 15k this year.
Great! I read these words and Bitcoin is going to touch 17 000 soon. Let us follow this 2020 BTC Bull Run. Who will give here the best prognosis about the best Bitcoin price in the nearest 2-3 months? Which one of us can foresee the real crypto growth...
.. .
We recently received several information signals:
1) Iran plans to use bitcoins to circumvent sanctions
2) Okex cryptocurrency exchange's bitcoins have been confiscated by the Chinese government
3) Russians will have to declare all their bitcoins by April 30, 2022.
I made the following conclusion.
States view Bitcoin as a strategic resource amid the crisis in the global financial system. This is why the price of Bitcoin is going up. Large investment companies also want to become bitcoin holders.
In the next decade, to have power, you need to own bitcoin.
Yes, it worries me.
I ask myself the question - who will be the holder of bitcoins in the future? Individuals? Or will Bitcoin be exclusively owned by countries, mutual funds, and corporations? In 1933, the US government confiscated gold from the population. But is it harder to confiscate Bitcoin than gold? The Bitcoin blockchain is transparent, all transactions in it are visible.
As the price of Bitcoin rises, these threats also rise.
bitcoin has long gone up from 2017 bitcoin was at its peak then and in 2018, the price of bitcoin 2019 fell drastically in 2020 I saw bitcoin starting to go up again and many predictions of bitcoin will go up again in price, just focus on developing bitcoin.
Price already going up, but people are more happy if they'll see a new ATH this year, that means a good year for bitcoin and we will have a good start in 2021. Just like in 2017, the ATH was hit in December, so probably we will witness the same, bitcoin will have some short correction, then it will bounce back to reach a new ATH, a correction is just to let the weak hands sold their holding, then it will rise to the moon.
bitcoin has long gone up from 2017 bitcoin was at its peak then and in 2018, the price of bitcoin 2019 fell drastically in 2020 I saw bitcoin starting to go up again and many predictions of bitcoin will go up again in price, just focus on developing bitcoin.
and now bitcoin is real, it will slowly peak like it was in late 2017, when it hit $ 20K. not in 2018. the value and bullish bitcoin now, will answer every negative perception about bitcoin. bitcoin is not a ponzi scheme, not a seasonal bubble, etc. but bitcoin is a crypto asset that has value and is very profitable because of its volatility. we will see bitcoin trending later in the year to $ 20K.
The people who claim that bitcoin is a ponzi does not even understand the basic structure of ponzi schemes and i pity if anyone claims that and there were times i used to tell them to explain what they understand about finance and the different schemes and only by that way you could shut them down but if times goes on and more people have these stupid ideas without even understanding what bitcoin is, it is better to ignore them. The price is not an indicator whether bitcoin is a ponzi, but the fundamentals of bitcoin.
Even now the price of bitcoin is no longer at $ 10K, now bitcoin has run away and is at $ 16,341 which is close to $ 17K.
It’s true, as you said, many are already earning now, especially if they hold bitcoins from the price of $ 10K.
Imagine how many times their profit would be if they hadn’t sold it at the moment. But there are also those who have already sold
bitcoin at the price of $11K, they are crying out for the current price because they regret having rushed to sell its assets.
It’s true, as you said, many are already earning now, especially if they hold bitcoins from the price of $ 10K.
Imagine how many times their profit would be if they hadn’t sold it at the moment. But there are also those who have already sold
bitcoin at the price of $11K, they are crying out for the current price because they regret having rushed to sell its assets.
Bitcoin is a movement assets in a network way of payment, which is decentralized currency that is go to peer2peer in the cryptocurrency platform. Which many saved it as an asset, having said that, the current price of bitcoin can't be compere with last two months ago. Therefore bitcoin raise from time to time.
and now bitcoin is real, it will slowly peak like it was in late 2017, when it hit $ 20K. not in 2018. the value and bullish bitcoin now, will answer every negative perception about bitcoin. bitcoin is not a ponzi scheme, not a seasonal bubble, etc. but bitcoin is a crypto asset that has value and is very profitable because of its volatility. we will see bitcoin trending later in the year to $ 20K.
Worlds First Loyalty and Rewards Token: Honos Coin
Honos Coin is the first loyalty and rewards token with a stable coin economy. Honos Coin's unique features include: An economy based Purchasing Power Parity (PPP), manual dual-trust approvals for transactions, and loyalty and rewards benefits for both business and consumers. Purchase your ICO token now and get a 30% bonus!
Check us out at https://honoscoin.io/
Honos Coin is the first loyalty and rewards token with a stable coin economy. Honos Coin's unique features include: An economy based Purchasing Power Parity (PPP), manual dual-trust approvals for transactions, and loyalty and rewards benefits for both business and consumers. Purchase your ICO token now and get a 30% bonus!
Check us out at https://honoscoin.io/
We can see the new surge of bitcoin in crypto market . It exceed $10K again and I believe many are earning now especially those with holding during the downtrend of bitcoin. But,to what extent bitcoin will raise more today?
Do you think ,what happened last 2018 will happen again this coming months?
What are the reason behind the rise of bitcoin?
Edit: Sorry for putting a wrong number on the value of bitcoin, I didn't mean it. It is just above $10K and not $500K.
I wrote this topic just for discussion in order to know the opinion and knowledge of everyone.
Well, currently Bitcoin is now hovering around $15k USD even touches the $16k USD mark so I don't think it will be the same as what happened 2 years ago but rather I think we are getting the track as what we have way back in 2017. If this continues until the last month then there's a probability that we will witness the new ATH before the end of this year or in the first quarter of 2021.Do you think ,what happened last 2018 will happen again this coming months?
What are the reason behind the rise of bitcoin?
Edit: Sorry for putting a wrong number on the value of bitcoin, I didn't mean it. It is just above $10K and not $500K.
I wrote this topic just for discussion in order to know the opinion and knowledge of everyone.
I cannot think of any reason why Bitcoin is increasing but I have I think it should be because PayPal now accepts the purchase, sell and even hold of cryptocurrencies. Besides, a lot of big companies are now venturing with this technology.
.. .
We recently received several information signals:
1) Iran plans to use bitcoins to circumvent sanctions
2) Okex cryptocurrency exchange's bitcoins have been confiscated by the Chinese government
3) Russians will have to declare all their bitcoins by April 30, 2022.
I made the following conclusion.
States view Bitcoin as a strategic resource amid the crisis in the global financial system. This is why the price of Bitcoin is going up. Large investment companies also want to become bitcoin holders.
In the next decade, to have power, you need to own bitcoin.
OkeX still operating and functioning well while fixing this problem and I believe that it will be settled soon. Only withdrawal is temporarily suspended while they are sorting out the issue. Bitcoin continues to make a big name in the crypto industry which also makes it's value surge high. It's really good to become a bitcoin holder now and wait for the another sky rocket of bitcoin.
.. .
We recently received several information signals:
1) Iran plans to use bitcoins to circumvent sanctions
2) Okex cryptocurrency exchange's bitcoins have been confiscated by the Chinese government
3) Russians will have to declare all their bitcoins by April 30, 2022.
I made the following conclusion.
States view Bitcoin as a strategic resource amid the crisis in the global financial system. This is why the price of Bitcoin is going up. Large investment companies also want to become bitcoin holders.
In the next decade, to have power, you need to own bitcoin.
I agree with most of the opinions of bitcoin holders. that the current price movement of bitcoin is like last year 2017. after the bitcoin halving day bitcoin will and reach new highs. I am very optimistic that in 2021 the price of bitcoin will reach more than $ 20k.
If you have a history of Bitcoin in the last 2 or 3 years, you will know how Bitcoin will return to the way it was in 2017, so for now Bitcoin is a great time to go up, therefore many big whales are competing to buy Bitcoin, because they know a big bubble will occur in 2021 and it will definitely be seen. So for that let's see how Bitcoin will head to the moon.
We can see the new surge of bitcoin in crypto market . It exceed $10K again and I believe many are earning now especially those with holding during the downtrend of bitcoin. But,to what extent bitcoin will raise more today?
Do you think ,what happened last 2018 will happen again this coming months?
What are the reason behind the rise of bitcoin?
Edit: Sorry for putting a wrong number on the value of bitcoin, I didn't mean it. It is just above $10K and not $500K.
I wrote this topic just for discussion in order to know the opinion and knowledge of everyone.
Do you think ,what happened last 2018 will happen again this coming months?
What are the reason behind the rise of bitcoin?
Edit: Sorry for putting a wrong number on the value of bitcoin, I didn't mean it. It is just above $10K and not $500K.
I wrote this topic just for discussion in order to know the opinion and knowledge of everyone.
We recently received several information signals:
1) Iran plans to use bitcoins to circumvent sanctions
2) Okex cryptocurrency exchange's bitcoins have been confiscated by the Chinese government
3) Russians will have to declare all their bitcoins by April 30, 2022.
I made the following conclusion.
States view Bitcoin as a strategic resource amid the crisis in the global financial system. This is why the price of Bitcoin is going up. Large investment companies also want to become bitcoin holders.
In the next decade, to have power, you need to own bitcoin.
Genuinely the ascent of bitcoin has begun. I am overpowered by observing the bitcoin cost increment from $9k to $11k today.
Wasn't expecting the bull season to begin so before long like this because of the worldwide pandemic. Presently bitcoin has substantiated herself that the crypto market is erratic. No one understands what's on the horizon for us all in cryptographic money for the most part.
The current year's bull run will be more bullish than the 2017 bull season
Wasn't expecting the bull season to begin so before long like this because of the worldwide pandemic. Presently bitcoin has substantiated herself that the crypto market is erratic. No one understands what's on the horizon for us all in cryptographic money for the most part.
The current year's bull run will be more bullish than the 2017 bull season
I have also seen the price of bitcoin in recent months has increased in price. For the foreseeable future, we cannot draw conclusions about the price of bitcoin which will reach its highest price peak in 2017.
at this point i can only invest and hold bitcoin up to $ 15k, if it hasn't reached $ 15k i will continue to hold it.
The market has recovered a lot from the bottom we had after the last rally and there are huge investment coming into the market and it is not only in bitcoin but the top coins are attracting investors and so is the reason the entire market was rallying especially ETH even though the transaction charges are double than bitcoin. It is good to have the patience and wait for a year and the market could touch the all time high valuation during that time. at this point i can only invest and hold bitcoin up to $ 15k, if it hasn't reached $ 15k i will continue to hold it.
This time I see growth potential up to 14k.
I have also seen the price of bitcoin in recent months has increased in price. For the foreseeable future, we cannot draw conclusions about the price of bitcoin which will reach its highest price peak in 2017.
at this point i can only invest and hold bitcoin up to $ 15k, if it hasn't reached $ 15k i will continue to hold it.
at this point i can only invest and hold bitcoin up to $ 15k, if it hasn't reached $ 15k i will continue to hold it.
Jump to: