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Topic: What do you think about Bitcoin? - page 6. (Read 1390 times)

hero member
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February 02, 2022, 04:12:22 AM
#66
We hope $30k is the last dip and will not be down for more, so we do not have to worry about the fluctuation. Perhaps, this month will be the time for bitcoin to increase, and no more dips we will see. We can accept if the price can not increase drastically but increase step by step so we can still prepare by buying at the current price. Yes, it is possible to see bitcoin make a new ATH this year, as long as the trend and the adoption from many countries and people are still bigger.
That is the situation that people are hoping right now, just doing it step by step so that we do not get into too much trouble. Doesn't mean that we will not be making any money otherwise, like if it skyrocketed in a single second but it does mean that we do the best that way. Obviously, if we could just keep buying at these prices, as long as possible, months and months, then we end up with a lot more profit when the price goes up.

However if we can't and the price goes up suddenly then there is still no problems, it just doesn't matter, whatever we have right now will be in profit in the future when the price goes up. So in one case, we profit a little, in the other we profit a lot, but we profit all the same.
I agree with your suggestion to keep buying at these prices because the price is still not too high compared to what bitcoin prices can get in the future. If we can manage our money to buy and know that every dip will be the best time to buy more, we are closer to making a big profit in the future. But we need to have patience and calm down because every dip can happen soon and if we can not manage our emotions, we will miss a good time to buy more.

It will be no problem with a small profit because if we can collect the profit, it will soon become bigger, especially if we can hold it for a while and only wait for the next highest price to sell it at once. With our experience before, I am sure we will know the right method to profit.
hero member
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February 02, 2022, 03:52:30 AM
#65
Predicting the price of bitcoin is not easy, and it is possible that predictions of bitcoin prices reaching $100k will come true in the future, and may be a rational reason to speculate about bitcoin now. But that's not a prediction that actually happened at this time because bitcoin is still experiencing a very sharp decline in price. Predicting the bitcoin price to hit $100k could come true if the adoption or acceptance of bitcoin continues going forward.

I don't see any sharp decline since Bitcoin reached $60k+.
I may not consider this dip as "sharp" decline, $30k is still quite a high price compared to the rest of Bitcoin's price history.
However, $30k might be the bottom price of this dip and that gives Bitcoin more fuel to reach $100k sooner.
$100k target isn't only possible, but it is "very" possible and will eventually happen as Bitcoin grows every year.

I agree that $30k is pretty high, so if Bitcoin drops to $30k it's nothing to worry about. Especially after Bitcoin rose above  the price of $ 60k,
I saw the demand for Bitcoin increased very rapidly, meaning that many people are already interested in investing in Bitcoin.  So I'm also optimistic
that this year's lowest Bitcoin price will be at $30k, and the decline that is happening now is needed so that Bitcoin can rise to new ATH this year.
The $100k target is still achievable this year, so don't hesitate to keep collecting Bitcoins. So when we finally reach the target  price of $100k,
imagine the profit we make will be very large. But even if the $100k target fails to reach, I believe Bitcoin price will return above $60k
this year, and that we can still get a sizeable profit if from now on we start collecting Bitcoin.


I like your optimism and I agree at some point, but I will say that maybe we will see the price going down to $30k. So we might not hit the lowest price yet so expect the unexpected.

As far as the demand and fundamentals, yes, it is strong, but there are times that investors are just selling and reluctant to reinvest maybe cause they feel that bitcoin is on a bear market and that they are not going to make money. But still, the target is $100k, maybe it will not be hit this year or the next couple of years. But I still believed that when we goes on another bull run this price could be touch.
sr. member
Activity: 1876
Merit: 318
February 01, 2022, 04:37:51 PM
#64
Predicting the price of bitcoin is not easy, and it is possible that predictions of bitcoin prices reaching $100k will come true in the future, and may be a rational reason to speculate about bitcoin now. But that's not a prediction that actually happened at this time because bitcoin is still experiencing a very sharp decline in price. Predicting the bitcoin price to hit $100k could come true if the adoption or acceptance of bitcoin continues going forward.

I don't see any sharp decline since Bitcoin reached $60k+.
I may not consider this dip as "sharp" decline, $30k is still quite a high price compared to the rest of Bitcoin's price history.
However, $30k might be the bottom price of this dip and that gives Bitcoin more fuel to reach $100k sooner.
$100k target isn't only possible, but it is "very" possible and will eventually happen as Bitcoin grows every year.

I agree that $30k is pretty high, so if Bitcoin drops to $30k it's nothing to worry about. Especially after Bitcoin rose above  the price of $ 60k,
I saw the demand for Bitcoin increased very rapidly, meaning that many people are already interested in investing in Bitcoin.  So I'm also optimistic
that this year's lowest Bitcoin price will be at $30k, and the decline that is happening now is needed so that Bitcoin can rise to new ATH this year.
The $100k target is still achievable this year, so don't hesitate to keep collecting Bitcoins. So when we finally reach the target  price of $100k,
imagine the profit we make will be very large. But even if the $100k target fails to reach, I believe Bitcoin price will return above $60k
this year, and that we can still get a sizeable profit if from now on we start collecting Bitcoin.
hero member
Activity: 3164
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February 01, 2022, 01:25:04 PM
#63
We hope $30k is the last dip and will not be down for more, so we do not have to worry about the fluctuation. Perhaps, this month will be the time for bitcoin to increase, and no more dips we will see. We can accept if the price can not increase drastically but increase step by step so we can still prepare by buying at the current price. Yes, it is possible to see bitcoin make a new ATH this year, as long as the trend and the adoption from many countries and people are still bigger.
That is the situation that people are hoping right now, just doing it step by step so that we do not get into too much trouble. Doesn't mean that we will not be making any money otherwise, like if it skyrocketed in a single second but it does mean that we do the best that way. Obviously, if we could just keep buying at these prices, as long as possible, months and months, then we end up with a lot more profit when the price goes up.

However if we can't and the price goes up suddenly then there is still no problems, it just doesn't matter, whatever we have right now will be in profit in the future when the price goes up. So in one case, we profit a little, in the other we profit a lot, but we profit all the same.
sr. member
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Merit: 252
February 01, 2022, 10:51:07 AM
#62
I don't see any sharp decline since Bitcoin reached $60k+.
I may not consider this dip as "sharp" decline, $30k is still quite a high price compared to the rest of Bitcoin's price history.
However, $30k might be the bottom price of this dip and that gives Bitcoin more fuel to reach $100k sooner.
$100k target isn't only possible, but it is "very" possible and will eventually happen as Bitcoin grows every year.

If the price of bitcoin going deeper until 30k i'm sure altcoins is going to be more bleeding compared to now, most of altcoin has already lost it's value more than 60% and if bitcoin price is going more deeper, i'm sure new altcoins which developed less than a year won't survive because they won't fund their development. So we hope this is already the dip of bitcoin price and starting to recover
hero member
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February 01, 2022, 10:35:45 AM
#61
Bitcoin journey long time,Now and then bitcoin price hige different. When i start bitcoin journey then bitcoin price was $400-$600$ but now bitcoin price around $38000+.Bitcoin already touched $65k+ in previous year.We are expecting bitcoin price Will hit $70k+ next 1-2 year.Bitcoin price recently little dip but i hope bitcoin price will recover soon and i hope bitcoin price will be more increase in this year.
That's one inspiring story you got there. People can learn something from your story and that is they should not think that the current btc price is too high because its future value are going to be more than that.

If there are one thing that they will be thinking now, that is if how can they make money if they have not any to be able to buy more bitcoin. Like you everyone else here is expecting for a little increase even if not the expected ATH will come but as long as it recovers to over 50k or 60k, that is already a big blessing to us if heard this year but if given more time let say 1 or 2 years, I think bitcoin can increase more than your expected price which is 70k.
sr. member
Activity: 2618
Merit: 439
February 01, 2022, 09:02:54 AM
#60
I wonder when the price of Bitcoin will reach $ 100k +. Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most. But in the next few years, the price of Bitcoin will continue to rise, so long-term Bitcoin will continue to improve. What is your opinion?
I wonder when will post like this will stop? at least to learn how to wait? check this forum and look how many thread had been created with this same question?

Bitcoin will reach that price for sure but when is the problem

Because this coin is well supported but super volatile.

Just let it happen and never push harder .
hero member
Activity: 2912
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February 01, 2022, 08:10:10 AM
#59
Predicting the price of bitcoin is not easy, and it is possible that predictions of bitcoin prices reaching $100k will come true in the future, and may be a rational reason to speculate about bitcoin now. But that's not a prediction that actually happened at this time because bitcoin is still experiencing a very sharp decline in price. Predicting the bitcoin price to hit $100k could come true if the adoption or acceptance of bitcoin continues going forward.

I don't see any sharp decline since Bitcoin reached $60k+.
I may not consider this dip as "sharp" decline, $30k is still quite a high price compared to the rest of Bitcoin's price history.
However, $30k might be the bottom price of this dip and that gives Bitcoin more fuel to reach $100k sooner.
$100k target isn't only possible, but it is "very" possible and will eventually happen as Bitcoin grows every year.
We hope $30k is the last dip and will not be down for more, so we do not have to worry about the fluctuation. Perhaps, this month will be the time for bitcoin to increase, and no more dips we will see. We can accept if the price can not increase drastically but increase step by step so we can still prepare by buying at the current price. Yes, it is possible to see bitcoin make a new ATH this year, as long as the trend and the adoption from many countries and people are still bigger.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
February 01, 2022, 05:36:40 AM
#58
In my opinion, in the midst of the current bearish conditions, it is very difficult to predict the bitcoin price will reach $100k. we don't know yet whether the Bitcoin price will go up again or not like in 2021. However, considering the price of the bitcoin price is getting correction, the possibility of the price going up or down could be between $50k-$70k.

It's quite hard for BTC even to create a new high, at least it will be around 50k - 55k just like the previous year where we hit the previous all time high.
New all time high need a long rally and the hype must be consistent because people are not doing a big buy after they heard a news or after seeing the market once, most people are seeing the market movement for several times and after they see several pumps, they will buy it also (typical crypto newcomers).
Right. Currently bitcoin is still in the risk zone for trading and it is still difficult to make new highs. Although the price of bitcoin seems to be rising slowly, it can still go down again. Therefore, I think, bitcoin is ranging between $36k-$40k. And now we are in the middle, so going short and long is still very risky. let's wait for the next few months in which direction the bitcoin price will move.

If you look for long or until the end of the year maybe we can say that its risky hold especially if you are not a experience trader. But if you are into short trades then actually we can say that this give us less risk since we know bitcoins volatility is doing good there are so many good positions to enter and for sure those who do this are earning a good profits even if the market is on bad side.
hero member
Activity: 2716
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February 01, 2022, 05:20:28 AM
#57
Predicting the price of bitcoin is not easy, and it is possible that predictions of bitcoin prices reaching $100k will come true in the future, and may be a rational reason to speculate about bitcoin now. But that's not a prediction that actually happened at this time because bitcoin is still experiencing a very sharp decline in price. Predicting the bitcoin price to hit $100k could come true if the adoption or acceptance of bitcoin continues going forward.

I don't see any sharp decline since Bitcoin reached $60k+.
I may not consider this dip as "sharp" decline, $30k is still quite a high price compared to the rest of Bitcoin's price history.
However, $30k might be the bottom price of this dip and that gives Bitcoin more fuel to reach $100k sooner.
$100k target isn't only possible, but it is "very" possible and will eventually happen as Bitcoin grows every year.
sr. member
Activity: 957
Merit: 278
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February 01, 2022, 04:13:46 AM
#56
In my opinion, in the midst of the current bearish conditions, it is very difficult to predict the bitcoin price will reach $100k. we don't know yet whether the Bitcoin price will go up again or not like in 2021. However, considering the price of the bitcoin price is getting correction, the possibility of the price going up or down could be between $50k-$70k.

It's quite hard for BTC even to create a new high, at least it will be around 50k - 55k just like the previous year where we hit the previous all time high.
New all time high need a long rally and the hype must be consistent because people are not doing a big buy after they heard a news or after seeing the market once, most people are seeing the market movement for several times and after they see several pumps, they will buy it also (typical crypto newcomers).
Right. Currently bitcoin is still in the risk zone for trading and it is still difficult to make new highs. Although the price of bitcoin seems to be rising slowly, it can still go down again. Therefore, I think, bitcoin is ranging between $36k-$40k. And now we are in the middle, so going short and long is still very risky. let's wait for the next few months in which direction the bitcoin price will move.
full member
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February 01, 2022, 02:10:08 AM
#55
Bitcoin journey long time,Now and then bitcoin price hige different. When i start bitcoin journey then bitcoin price was $400-$600$ but now bitcoin price around $38000+.Bitcoin already touched $65k+ in previous year.We are expecting bitcoin price Will hit $70k+ next 1-2 year.Bitcoin price recently little dip but i hope bitcoin price will recover soon and i hope bitcoin price will be more increase in this year.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
January 28, 2022, 08:58:40 AM
#54
I wonder when the price of Bitcoin will reach $ 100k +. Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most. But in the next few years, the price of Bitcoin will continue to rise, so long-term Bitcoin will continue to improve. What is your opinion?
Don't only look at the positive side but we also have to look at the negative side as well what causes bitcoin price movements to go up and down, I mean when bitcoin approvals start to increase between countries, then there is also a possibility that bitcoin FUD people will also increase so it will hinder bitcoin movement to climb higher, as we experienced the previous year during the inauguration of bitcoin in the country of El Salvador.

The price is still going strong though, although we didn't hit $100k as predicted last month, still at $30k'ish for me this is a good price. And anything can happen in this market, this is just the start of 2022 and maybe at the end of the year we may see some good bounce to at least $50k and who knows maybe a new all time high? So just be patience, it's one aspect of being a crypto investor and trader. We need a lot of patience in order to survived in this market.

That price still huge so even if we see a huge slash of price compare before still we are doinv good knowing that bitcoin still have a value, although this is painful to others since they bought this at the top and maybe they lose their money for sudden happenings of bitcoin. For now we see bitcoin became more alive at $36,000+ so I guess this time is the best to do buy back since we might see a recovery after this huge price slash happened on bitcoin.
hero member
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January 28, 2022, 08:31:03 AM
#53
I wonder when the price of Bitcoin will reach $ 100k +. Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most. But in the next few years, the price of Bitcoin will continue to rise, so long-term Bitcoin will continue to improve. What is your opinion?
Don't only look at the positive side but we also have to look at the negative side as well what causes bitcoin price movements to go up and down, I mean when bitcoin approvals start to increase between countries, then there is also a possibility that bitcoin FUD people will also increase so it will hinder bitcoin movement to climb higher, as we experienced the previous year during the inauguration of bitcoin in the country of El Salvador.

The price is still going strong though, although we didn't hit $100k as predicted last month, still at $30k'ish for me this is a good price. And anything can happen in this market, this is just the start of 2022 and maybe at the end of the year we may see some good bounce to at least $50k and who knows maybe a new all time high? So just be patience, it's one aspect of being a crypto investor and trader. We need a lot of patience in order to survived in this market.
sr. member
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January 28, 2022, 07:47:34 AM
#52
I wonder when the price of Bitcoin will reach $ 100k +. Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most. But in the next few years, the price of Bitcoin will continue to rise, so long-term Bitcoin will continue to improve. What is your opinion?
Don't only look at the positive side but we also have to look at the negative side as well what causes bitcoin price movements to go up and down, I mean when bitcoin approvals start to increase between countries, then there is also a possibility that bitcoin FUD people will also increase so it will hinder bitcoin movement to climb higher, as we experienced the previous year during the inauguration of bitcoin in the country of El Salvador.
hero member
Activity: 3038
Merit: 617
January 28, 2022, 12:41:22 AM
#51
To OP, don't stop wondering, there will always be a light at the end of the dark tunnel.  Wink
Predicting the price of bitcoin is not easy, and it is possible that predictions of bitcoin prices reaching $100k will come true in the future, and may be a rational reason to speculate about bitcoin now. But that's not a prediction that actually happened at this time because bitcoin is still experiencing a very sharp decline in price. Predicting the bitcoin price to hit $100k could come true if the adoption or acceptance of bitcoin continues going forward.
It is not, that is true. We are just speculating here but we cannot really tell where the hell it will go tomorrow or the next day.
Just hours ago, it went back to $38k which surprised me. I thought it is going to be playful and just go straightforward to $35k and sit there. But it didn't and for me this is a healthy come back. It's a positive reaction that buyers are coming. They find this price cheap so they might think it would be better to buy now that regret it later.

The indicators are not very clear on what kind of signals it sends to interpret where this market is going so far. The prices may even go up a bit from $33000 -$38000 but the indicators may still not provide enough signal to change the market from downwards to up.

I can only say only those who are retail investors who are doing short-term trading are the ones who are only busy in the market. But the traders who are used to long-term trading will likely not engage when sentiments are very troubled.

hero member
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January 28, 2022, 12:16:13 AM
#50
I wonder when the price of Bitcoin will reach $ 100k +. Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most. But in the next few years, the price of Bitcoin will continue to rise, so long-term Bitcoin will continue to improve. What is your opinion?

Most expected price of forum now is 100k$.But the procesd will be slow and steady. All should thing on this, the price will keep on increase. But the 100k won't happen in a single day. Even the 40k dollar was not happened in a single day. People keep on push by trading. When the market upto the mark of 10k dollars, people thought it reach 20k$ in 2018.But the price back to the 3k$ was shocking one on 2018.Bitcoin also made a huge blood bath to get this red mart path.
hero member
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January 27, 2022, 10:43:31 AM
#49
To OP, don't stop wondering, there will always be a light at the end of the dark tunnel.  Wink
Predicting the price of bitcoin is not easy, and it is possible that predictions of bitcoin prices reaching $100k will come true in the future, and may be a rational reason to speculate about bitcoin now. But that's not a prediction that actually happened at this time because bitcoin is still experiencing a very sharp decline in price. Predicting the bitcoin price to hit $100k could come true if the adoption or acceptance of bitcoin continues going forward.
It is not, that is true. We are just speculating here but we cannot really tell where the hell it will go tomorrow or the next day.
Just hours ago, it went back to $38k which surprised me. I thought it is going to be playful and just go straightforward to $35k and sit there. But it didn't and for me this is a healthy come back. It's a positive reaction that buyers are coming. They find this price cheap so they might think it would be better to buy now that regret it later.
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January 27, 2022, 07:31:32 AM
#48
Predicting the price of bitcoin is not easy, and it is possible that predictions of bitcoin prices reaching $100k will come true in the future, and may be a rational reason to speculate about bitcoin now. But that's not a prediction that actually happened at this time because bitcoin is still experiencing a very sharp decline in price. Predicting the bitcoin price to hit $100k could come true if the adoption or acceptance of bitcoin continues going forward.
member
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January 24, 2022, 04:33:09 PM
#47
I wonder when the price of Bitcoin will reach $ 100k +. Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most. But in the next few years, the price of Bitcoin will continue to rise, so long-term Bitcoin will continue to improve. What is your opinion?
Despite the fact that Bitcoin price will continue to increase in your opinion you should equally have it at the back of your mind that in between that increase of the Bitcoin value there will be bearish period which those who are not smart will loose a lot of money if care is not taking. Am saying this to help newbies in the forum not to be careful with your submission above in making trading decision.
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