Topic: There is still time - page 2. (Read 458 times)

Those with the attitude of False Evidence Appearing Real will always find a companion in their FEARs so they could give succour to each other. Cast fears away and do what others are doing, they don't have two heads for them to be doing what they're doing.

I hate it when someone tries to create fear in me instead of encouraging me in whatever may seem uncertain at the beginning. Today the market may be discouraging but it's not always going to stagnate or go below for long.

What is there to rush about? The bear market is just getting started anyways, we are at 24k+ per BTC and we will go down to 18k again, we will be in this range for a long period of time to buying opportunity is going to stay around for quite some time, no need to rush.

Yes there is time for everything on Earth, time to loss and time to gain. This prediction of 69,000$ is possible but remember the bear Market is slower than the bull market so before bitcoin will climb to that level again probably it might enter next year. For prediction from others and even me bitcoin will pass $69,000.

Concerning marketcap and real estate. Real estate and Marketcap are two different things, though I do no know in which context you are bring these two concepts for the comparison. Are you trying to say that crypto market cap is far below than real estate? Estate is a physical structure that people rent to live in while Market cap is also known as Market capitalization which is meant for calculation of the Crypto Currency prices.

That's not the point. Having personal opinions on what bitcoin's marketcap should be isn't bad, but having very unrelated mcap comparisons is dumb. Bitcoin is a currency/SoV, while real estate is a physical asset that people buy/rent to live in or to do business operations with or other stuff. Very unrelated.

This is a wrong comparison. For starters the "crypto" market capitalization is fake simply because you can create a shitcoin/token out of thin air without virtually any cost and sell 1 of it for whatever value you like and have trillions of dollars of market cap added to the total. Which is why token market does.

Secondly there is no reason to even make such a comparison to begin with since there is no relationship or even similarity between the cryptocurrency market and the real estate market. If anything you should compare bitcoin market cap with total monetary supply and compare the altcoin market cap with the penny stocks market size.

You are right, there are many things that can still be exploited with bitcoin that may not be possible at this time. As a decentralized currency, bitcoin is still in the early stages of becoming the choice of most people in the future in daily transactions. We expect higher price potential and volatility, but if more adoption occurs then we expect better stability.

OP, There is always time to buy bitcoin as long as you are sure you want to own and buy it. Hold or day trading is an option you may or may not agree to, but basically you can buy bitcoin at any time as they are traded 24 hours for 7 days on local and international exchanges. We can not always expect high prices that bring big profits for traders or investors, sometimes we can also think of the network and its function as a means of payment.

Not only is there still time, we are actually still early adopters even at this point. The room for growth in Bitcoin's price is still huge. I don't think $69,000 was already the top, not at this phase in Bitcoin's growth. That 6-digit price is just a matter of when. So whether you are comparing Bitcoin to itself or with precious metals or stocks or real estate, the growth potential of its price is obviously massive.

A dog that barks doesn't bit. A serious dog should be able to bit immediately it senses danger, rather than barking to scare the danger. A dog that bits without barking is a wicked dog, it should be able to bark in order to alert his owners before bitting. Anyone bitten by dog should die, and if anyone survives dog big, it means that the dog is not from Canidae (dogs) family. A dog is not supposed to bit his best friend (man).
This is exactly the case of bitcoin. While many says it won't reach an ATH of about $70k again, now I am seeing another dumb argument that if it reaches $70k, it means that btc is dead

Well, I am no longer bothered because bitcoin has passed this stage of baseless speculations. Some people are into bitcoin because of the security, some because of liberty, perhaps some kind of privacy, others because of price movement. And then, there is no day that everyone would lose interest spontaneously to collapse bitcoin.
Remember, as you are praying for bull to make profits, some are praying for bear to buy and buy while some will never sell whether it is bear or bull. You see? Bitcoin is not joking, it's staying for long.

Correct, we havent seen anything yet! the big boys have yet to enter the scene but it wont
be long before they do.

https://beincrypto.com/price-prediction-bitcoin-773000/


Yes, so many people need "proof" that Bitcoin is going to do what they read about. There
will always be those who buy in at the top and sell at the bottom.

Well, in general, this is exactly so, but with some reservations. Intermediaries will appear one way or another at the stage of converting btc to $$$. And at this moment, "cheapness" will acquire some noticeable cost. You can, of course, look for an exchange of face to face, but where is the guarantee that this will not end in a robbery at the time of the transaction. So, all the same, for some actions it is better to have intermediaries that are trusted, well-known and with a reliable reputation that do not require excessive identification and verification.


A lot more. After all, it has already gone from $0 to ~$70.000 in a little over 10 years. I don't think that further growth will be as rapid, but it will still please bitcoin holders. 700k $, which Pmalek spoke about above, would be too good, but in a very, very distant future, it is also quite realistic. Not in the next 10 or 20 years, but much later.

What are you actually cashing out on? Don’t get me wrong but I think it’s this type of presentations about Crypto-currency that get non-crypto enthusiast to have a wrong start. Are you looking for ways to cash out yes their a tons of opportunities outside Crypto-currency for that, this should not be the main idea to making you a crypto enthusiast, people has gone sick investing and losing in the wrong coin because they thought it’s all rosey here. Make a real presentation about Crypto-currency it’s advantages over traditional processes and also the gains of investing and the agony of not investing wisely.

I guess every big empires today and big businesses starts from somewhere too? The point makes sense to me, crypto market cap can worth more in trillions of dollars in future.

Why are you even comparing bitcoin the marketcap of real estate? Definitely not saying that it's impossible for BTC to overtake it, but it's a nonsense comparison. Like comparing the marketcap of copper to Apple stock.

People are constantly going to rush into buying bitcoin out of the fear of missing out, because they make their decision only by looking at the current price and not the network, neither do they sit on their couch and study what has happened in the past with bitcoin to understand the network a little bit and make their choices out of research and not the skewed reasoning of generating money quickly.

Needless to say that buy low, and sell high is great with bitcoin, but as great as it is, people won't do it, when low they'll not buy at all, when it is rising high...they rush and start buying, that is a mixture of dearth of knowledge and fomo.

With more adoption rate, the whole crypto market cap surpasses other assets, this is just the beginning because crypto is still one of the tinniest investments when it comes to adoption rate.

"Bitcoin is a get-rich trojan horse that actually gives you freedom" is a saying I couldn't agree more. I'll, therefore, paraphrase the title and say that: There is still time... to understand it's more than just making you rich.

As for this:
What do you expect to happen? Honestly. Look on a chart, and tell me what you imagine to happen within the next years.

Only useless ideas go to waste, BItCoin and crypto in general are eye open tech of the future, it's never going to go to waste and those saying nonsense about crypto are set off people that never grows, they are too addicted to the way of the old and they are not open to new ideas at all.

Most people only believe in Bitcoin because of the price, well that's a wrong thought.

If you ever learn about Bitcoin and how it's really different with the rest of shitcoins out there, you will know how important Bitcoin is. I can't tell how much Bitcoin should be worth with such high security and use cases, but what I can say is the previous ATH is still cheap or not even close with the real value of Bitcoin. You may laugh with my replies, but the next 10-20 years later, we will see which one will laugh about this.

Even if Bitcoin never again reaches those highs of close to $70.000 (which I doubt), it really doesn't affect the network one bit or what Bitcoin represents. It's a trustless way to transfer money quickly and cheaply with no intermediaries. Protect your keys and no one can touch your coins. Stay out of centralized exchanges and similar centralized services, trade P2P or face to face, and you can even remain anonymous. Whether you can do all that at $70k or $20k, doesn't affect Bitcoin's features. But, yeah, we would all rather see it at $70k or why not $700k.

There are many people who will always try to spread negativity about bitcoin in the market but that doesn't have any impact on it's prices and all these dips are temporary because once we see little pumps with money flowing through retail and institutions then the same people are willing to invest at the high rates.

Speaking about only bitcoin then we have already seen $69k approximately as it's ATH near coinbase listing and it's down from many months with prices going down to $18k also but now what's the condition of the market? We are recovering and now there are green graphs again pooping up on the screens so it's long term profit margin associated with bitcoin and if you understand it's technical working and know the importance of decentralisation then you know bitcoin is the financial freedom you can get for future.

At this time the bitcoin market cap is $472.5 Billion dollars after the dump also but real estate market is old age and have well established buisness line but in recent year trends you would see people have preferred bitcoin investment more due to returns associated with them and use as payment mode also.The big institutions are taking part in accepting bitcoin and we have LN channels for fast confirmation with increased capacity each time of bitcoin so it's definitely worth investing in it.

But if i would advise you then avoiding altcoins is good because we see lot of deviations in the top-10 and most of them are pump dump scheme coins giving you nothing but only scamming you of your funds.So sticking with bitcoin is best option but if you plan to hold only for long term as we might see another bull run soon and we are heading towards next halving.