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Topic: What can we do to make Bitcoin hit $100k (Read 512 times)

member
Activity: 406
Merit: 84
Eloncoin.org - Mars, here we come!
May 12, 2024, 03:05:53 AM
#69
The Bitcointalk forum has got nothing to do with it. In fact, we are seeing a drop in activity on Bitcointalk year after year while bitcoin's value is increasing. More people are leaving than coming. And many who come, ran across Bitcointalk by accident when they were looking for solutions to a Bitcoin-related problem. It's not entirely the forum's fault. The new generations aren't fans of the forum culture. They prefer other and faster ways of sharing information.
Let's understand the scenario so that we completely comprehend the system. This modern generation are concerned with fast way of making money and this have been purely facts. Bitcoin have been on the trends, and it's really out of line for pro traders that speculated for it to surpassed $100k this year. Perhaps we're still watching and hope it becomes promising for every trader. Bitcoin will hits $100k when the time is right. It's not for us or the forum to decides.
legendary
Activity: 2688
Merit: 1208
Once a man, twice a child!
Is there anything we could do??
There's nothing you or I can do to get the price up, except to make your (our) involvement by buying it no matter how little you (we) think it's. If you do that and I do mine and someone else does theirs, that will help create more awareness and patronage for Bitcoin. That's how the little increment we've had so far came about that drew the attention of whales and market makers to it. However, I don't completely believe in buying to hodl perpetually. It doesn't do much to price. What gives Bitcoin its value is that activity of buying and selling. As for $100k, Bitcoin will zoom past it like a piece of cake this bull run. Just chill.
legendary
Activity: 2072
Merit: 1315
To be honest if all users will buy at the same time with fonsiderable amount this will be easy but thats not the case isnt it. Some will always take profit and sell from its movement once they have a green profit notifications. For whale they can lure some with a tick of their funds once they are pumping it. But for people or retailers all we can do is wait for them to do it. Be patience and just kept adding on your port.
member
Activity: 105
Merit: 9
Eloncoin.org - Mars, here we come!
I have always been thinking about what we could do to make Bitcoin hit a tremendous amount.

Is there anything we could do??
The absolutely nothing we can do to hit tremendous amount of the new ATH.After the halving which happens every 4 years the price is affected positively which take some months after the halving to skyrocket,so we just have to wait patiently.And also with continuous demand and high liquidity in market the price will increase tremendously just like you said.
hero member
Activity: 1064
Merit: 501
If a $100k bitcoin price is something we can do, believe me, the majority would have gotten it done immediately and some of us would have anticipated for higher price than $100k since many anticipate to be on profits on their bitcoin investment than lost so that they can sell their bitcoin holdings for gains.

Funny enough bitcoin price can't be controlled by anyone, it's the positive news and the demands of it, that decide which price we would get to see bitcoin reach.
legendary
Activity: 2730
Merit: 7065
Farewell, Leo. You will be missed!
...
So we just have to keep growing the forum and as time goes on it will definitely increase.
The Bitcointalk forum has got nothing to do with it. In fact, we are seeing a drop in activity on Bitcointalk year after year while bitcoin's value is increasing. More people are leaving than coming. And many who come, ran across Bitcointalk by accident when they were looking for solutions to a Bitcoin-related problem. It's not entirely the forum's fault. The new generations aren't fans of the forum culture. They prefer other and faster ways of sharing information.
legendary
Activity: 3080
Merit: 1144
I have always been thinking about what we could do to make Bitcoin hit a tremendous amount.

Is there anything we could do??
Nothing really, except to invest patiently and trust the process. There’s no way that we could force bitcoin to reach a certain amount, it’s up to how bitcoin price and the crypto market behave that time. But if you have been researching prior to investing, I guess you won’t resort thinking like that. As much as bitcoin is decentralized,  then no one is in control with how its price moves in the market.
brand new
Activity: 0
Merit: 0
Actually we just have to be patient because if you look back to 2010 to this time and compare it you will know that bitcoins have increased rapidly and what did we do to gain that?
So we just have to keep growing the forum and as time goes on it will definitely increase
sr. member
Activity: 812
Merit: 257
SOL.BIOKRIPT.COM
I think if you wait, it makes you get more expensive satoshi units when buying, of course less sats you can have with the same capital. Even though it has been halving but bitcoin provides frequent opportunities for me to DCA, not confused about going anywhere as long as I have bitcoin for my savings fund. Are you comfortable with the bitcoin you have right now? maybe it could be more than that in this year, Most people regret the price of bitcoin when the dump does not buy but there are also those who cheer when the pump comes, Maybe you will feel at the end of this year if you buy while participating in the bitcoin rally that is running. Before that time happens you are ready. bitcoin prices are moved together, whether you save or not prices are formed by supply and demand. Let's prepare.
full member
Activity: 195
Merit: 104
★Bitvest.io★ Play Plinko or Invest!
I have always been thinking about what we could do to make Bitcoin hit a tremendous amount.

Is there anything we could do??
for me it is the investors that will make a bitcoin price to reach such particular price you expected bitcoin to reach because it is not to you and the i who does not have money, inviting more people so that bitcoin will have a traffic can make the Bitcoin price to increase so that is the only way you can support for Bitcoin price to increase and we all know that the price of Bitcoin is not being determined by any person and it's unpredictable also uncontrollable
hero member
Activity: 3038
Merit: 647
I have always been thinking about what we could do to make Bitcoin hit a tremendous amount.

Is there anything we could do??
Yes!
Keep holding and be patient enough to wait for sometimes, Bitcoin will surely hit $100k during this bull run before another bear market. After this halving, we need to wait patiently for marketers to finish their manipulation, and I think at the end of this year 2024, we will start experiencing a huge increase in Bitcoin price which I am sure will close to $100k before another bear market.
Patience will always be the key. Don’t be too obsess about when the price will finally surge high into $100k, it will certainly come in its perfect time. All you have to do is buy and hold for couple of years, surely when you come to sell, the current price will already exceed your price expectation as of today. $100k is never that hard to achieve despite of its highly volatility, so always have faith with bitcoin and it will never disappoint you in the long run as long as you also did your part.
legendary
Activity: 1484
Merit: 1355
From my perspectives, I think the crypto market is being manipulated by the whales and ETF firms because this is not what we speculated to have happened in the crypto market. Normally history repeats itself but this time we are seeing something different and we need to ask questions. The have pumped the price of Bitcoin to a level where they wanted it to fall so that they could accumulate enough holdings before leaving it to continue going bull. Anybody that is not patient would have to lose their funds..

Every past bull and bear market in Bitcoin and other markets has seen the same thing.  Whales and big players have a role for sure.  But we gotta be real, thinking its all a big conspiracy wont get you anywhere and  these markets pump hard and crash hard.  Thats how it goes.  The whales might push things one way or another now and then, but they aint the only drivers behind it all.
sr. member
Activity: 854
Merit: 262
Eloncoin.org - Mars, here we come!
I have always been thinking about what we could do to make Bitcoin hit a tremendous amount.

Is there anything we could do??
It requires a combination of factors such as widespread adoption, positive regulatory developments, and increased institutional investment. All we can do is pray. Cheesy
From my perspectives, I think the crypto market is being manipulated by the whales and ETF firms because this is not what we speculated to have happened in the crypto market. Normally history repeats itself but this time we are seeing something different and we need to ask questions. The have pumped the price of Bitcoin to a level where they wanted it to fall so that they could accumulate enough holdings before leaving it to continue going bull. Anybody that is not patient would have to lose their funds..
legendary
Activity: 2730
Merit: 7065
Farewell, Leo. You will be missed!
You can orange-pill the people around you and give them a reason to use bitcoin. But to reach a valuation like $100k, we need many more investors and appreciation by nation-states and investment giants. It will take some time, but we will get there. The better question is, how much purchasing power will that $100,000 provide you? With the way the money printer is running it's looking worse and worse.
sr. member
Activity: 224
Merit: 195
I have always been thinking about what we could do to make Bitcoin hit a tremendous amount.

Is there anything we could do??
I don't see nothing on our reach right now that can hasten up the increase in the price of Bitcoin. Bitcoin follows simple patterns (buying and selling/demand and supply) and it happens with time, anything that makes the price of Bitcoin to increase rapidly (factors like news and some new developments) will not hold the price up their for long and in no long time we are going to touch the DIP again. If you would prefer to work an extra mile to see a price hike, probably you can participate in this challenge
brand new
Activity: 0
Merit: 0
I have always been thinking about what we could do to make Bitcoin hit a tremendous amount.

Is there anything we could do??
It requires a combination of factors such as widespread adoption, positive regulatory developments, and increased institutional investment. All we can do is pray. Cheesy
member
Activity: 140
Merit: 34
Eloncoin.org - Mars, here we come!
All you have to do is to be patient. A time will come when bitcoin will not fall lower than $100000. Do not expect bitcoin to get to $100000 just very fast. It can take some time before that would happen.

You're absolutely right mate, I think that's the right answer to his question, we need to exercise patient because for now there's nothing we can do to make bitcoin hit $100k apart from been patient and keep waiting for the right time to come. is obvious that bitcoin has a good potential in the future but is gonna take a lot of time, you and I know that bitcoin investment requires time and patient is not a get rich quick investment, but if you're patient enough to hold on to it till the right time I'm pretty sure that your profit is gonna be huge.
legendary
Activity: 2240
Merit: 4133
eXch.cx - Automatic crypto Swap Exchange.
I have always been thinking about what we could do to make Bitcoin hit a tremendous amount.

Is there anything we could do??

Have you considered the negative impact Bitcoin increasing to a price that it isn't ready for before having this type of wishing thinking, Bitcoin getting to $100k is inevitable but we shouldn't ask for it before the market is actually ready for it because the pullbacks that we'll be getting might be more destructive than what we think. The only thing that you can do is to contribute to the growth of the adoption of Bitcoin by using it in businessess or services that you render. Our focus should be on increasing the adoption rate of Bitcoin and not price speculation. If adoption increases definitely it's going to impact the price of Bitcoin in a positive manner.

So if you want more price per Bitcoin, add to the adoption of the currency. Keep buying and hodling Bitcoin as well but don't just seat on the sidelines, add value to the industry by being useful to the growth of Bitcoin in your small locality. You can introduce Bitcoin to people in your surrounding but don't force them into the industry only convince them to see the value in owing/accepting Bitcoin in their various businesses. While doing this make sure you aren't committing any crimes as it might be illegal to accept Bitcoin in some countries that it's banned in.
hero member
Activity: 966
Merit: 701
another way we can contribute for bitcoin increment is to introduce people to invest in Bitcoin especially companies, because if company accept Bitcoin for payment I believe that other people who have a company will also like to follow such step and then when we have so many of persons or so many of companies that adopt Bitcoin as a method of payment that will also help Bitcoin to Skyrocket in price.. I could remember vividly that what makes a Bitcoin to be well known today is as result of social media influencers who introduced bitcoin to different platforms so people know in Bitcoin is also one of the things that contribute for the price to rise to the extent of being in position bitcoin is today
Institutions like Microstrategy, Blackrock are buying bitcoin, I believe we will be seeing more institutions buying bitcoin when the Bitcoin ETF is approved. However I disagree with your other comments, Bitcoin was not made popular by social media influencers. The social media space hasn’t been friendly to Bitcoin, it has been used as a tool for spreading negative news about Bitcoin. Influencers promote altcoins, projects where they have the most potential to make profits from their followers buying the token or coin.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
...Is there anything we could do??

The only correct solution would be to buy Bitcoin at the market price and thereby move the price up. But it is impossible to do this, since all participants of the forum do not have enough capital for this. Therefore, we can only wait until institutional investors do it for us.
Yup, that's adding more demand to it.

Whether you promote it in different social media, you'd just be wasting your time if you're not helping the economy itself through buying. But are we big enough to do that? Me, even I am comparatively small, I'd say that don't underestimate the power of retailers.

If you add to the demand, that means that there's a price increase that's about to happen just as the big institutions does. We've seen this happen sometime ago in the gamestop stocks.
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