What can we do to make Bitcoin hit $100k - page 7.

tabas

hero member

Activity: 3024

Merit: 745

Top Crypto Casino

Quote from: Smilevictorobinna on May 05, 2024, 09:12:19 AM

I have always been thinking about what we could do to make Bitcoin hit a tremendous amount.

Is there anything we could do??

Nothing but to HODL. You have no control over the volatility of Bitcoin and the demand that must be met in order for it to increase its price. What you can contribute and do is to make yourself a firm holder so that the limited supply of it will be hoarded by many and this is no longer a secret that only us knew. As you can see, institutions that are known to us have been making headlines that they're buying millions worth of Bitcoin and what they do? Holding it but don't be too confident with them because the time will come and they are not going to hesitate to sell and that's their main goal why they're investing on it.

Ruttoshi

sr. member

Activity: 322

Merit: 274

Baba God Noni

Quote from: Smilevictorobinna on May 05, 2024, 09:12:19 AM

I have always been thinking about what we could do to make Bitcoin hit a tremendous amount.

Is there anything we could do??

The fact is that there is nothing a pleb like us can do to make Bitcoin price hits 100k, because we can only try our best but it might not change anything. The Whales can do that by market manipulation but it will only be temporary.

It is better that we relax and watch and at the same time stashing up more bitcoin till the bull run appears naturally. Only the bull run can make us see 100k price. No one can control bitcoin price, no matter how hard you try, demand and supply controls it.

G_Besar

hero member

Activity: 1120

Merit: 504

Quote from: Smilevictorobinna on May 05, 2024, 09:12:19 AM

I have always been thinking about what we could do to make Bitcoin hit a tremendous amount.

Is there anything we could do??

If you don't have enough capital to buy more Bitcoin at the current price so that the Bitcoin price can continue to rise upwards, you just need to tell more rich people about Bitcoin who want to buy Bitcoin so that the Bitcoin price can immediately go to $100K. But if you don't have the ability to convince more rich people in this world to buy Bitcoin, you just need to be patient and make the purchase yourself whenever you have money that you are ready to use for it. Because to achieve this extraordinary figure certainly requires a slightly more difficult process.

NeuroticFish

legendary

Activity: 3668

Merit: 6382

Looking for campaign manager? Contact icopress!

Quote from: Smilevictorobinna on May 05, 2024, 09:12:19 AM

Is there anything we could do??

In theory, yes: advertise Bitcoin, get more businesses accept it, improve it (from useful ideas to actual implementation). The more people and businesses understand that Bitcoin is not for geeks, scammers and drug addicts, the more will buy it, hence making it more expensive.

In reality: wait patiently. Time handles it all. There is a very good chance bitcoin will hit 100k in the next 20 months with or without your help (just please don't take this as an advice to buy, do as you think).

Alone055

full member

Activity: 1035

Merit: 200

Quote from: Smilevictorobinna on May 05, 2024, 09:12:19 AM

I have always been thinking about what we could do to make Bitcoin hit a tremendous amount.

Is there anything we could do??

Yes, make very large investments or make a lot of people invest a reasonable amount in it and keep doing that, and make sure there is always positive news about Bitcoin in the market so that other investors don't panic and start a huge sell-off which can make the price drop.

Bitcoin's value goes up and down based on the supply and demand rule, so when there is a lot of demand for it which means there will be more people willing to buy than those willing to sell, the price will start going up because buyers will be ready to pay any amount to get some of it and sellers will keep increasing the price of the assets they are willing to sell.

However, if there is less demand and more supply which means more people are willing to sell while there aren't a lot of buyers, sellers will start lowering the asking price because they want to sell as soon as possible, and buyers will also lower the demanding price and the price will keep doing down this way.

Oshosondy

legendary

Activity: 1414

Merit: 1118

...gambling responsibly. Do not be addicted.

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.

Smilevictorobinna

jr. member

Activity: 42

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??

Topic: What can we do to make Bitcoin hit $100k - page 7. (Read 925 times)