What do you think about Bitcoin? - page 7.

RealMalatesta

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Quote from: akar87 on January 15, 2022, 01:51:02 AM

The rise and fall of the price of bitcoin is highly dependent on its adoption. If in the future bitcoin adoption continues to increase, then there is a possibility that the bitcoin price will have a higher price and vice versa, so for now I don't think there is any point in continuing to predict the bitcoin price will go higher in the future due to the fact that bitcoin is currently still It's in a downside phase and it's a bit difficult to get back to the $50-$60k level.

Op just said that more countries now accept btc, that is why he believes that 100k is just around the corner. The adoption drastically increase because btc is now very exposed and people right now are depending too much on the digital payments because of the current situation, add in the fact that btc is still dumped so more people are going to fill their bags.

There is nothing wrong in predicting and predictions are not only good at a short period of time, that is why he is optimistic that btc can get out of the red zone soon and then finish its unfinished business of reaching 100k. It may only look hard but its possible mate, trust me.

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Quote from: GoodLuckHK on January 08, 2022, 08:17:53 PM

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?

Your entire topic talks about the rising price of bitcoin.
What opinion do you need?
We can make anything we want using a bitcoin. If we try to innovate further, Bitcoin is digital money that is able to provide convenience for its users. Now bitcoin has lost 50% of its high price last November, If you have a lot of money, you can use bearish momentum to get bitcoins at low prices.

GeorgeJohn

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Quote from: GoodLuckHK on January 08, 2022, 08:17:53 PM

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?

everyone were emphasising last year that bitcoin reach up to seventy thousand or hundred thousand (70k to 100k) in 2022, but here comes 2022 market started going down beyond expectations, actually i believe that market will retrace but not exactly at the beginning of this year 2022, let us just expect the skyrocket of market movement or acceleration between the middle of the year and and next year 2023, because it takes bull run period of two years from my observation to re-occure, so definitely market will full of profit if adventure into investments this year and allowed to extend or keep till next year.

fullhdpixel

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Quote from: GoodLuckHK on January 08, 2022, 08:17:53 PM

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 wouldn't want to exaggerate but I think in the next four to five years it is highly possible that Bitcoin will hit 100k. And this going to be possible giving the way and the speed with which institutions and countries are accepting and adopting the use of cryptocurrency for business transactions. Previously I was too confident about getting into $100k levels but as of now, bitcoin market may take more time to recover toward ATH and only then we could think about $100k levels. I guess we might need to wait until next halving to speculate about possible time for $100k to happen.

bots1

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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.

yohananaomi

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Quote from: Epaper on January 16, 2022, 11:03:16 AM

In my opinion, if there is no widespread bitcoin price rally in the next few months, it looks likely to be a hindrance to Bitcoin price movement towards new ATH levels. Currently, the bitcoin market is still experiencing a decline of up to $6% where the price is still holding at the level of $43k. However, in the future, I am still optimistic that it is likely that the $100k bitcoin price target can still be achieved. But in order for bitcoin to reach the $100k price level, it will require massive support from the crypto market.

The current price decline was not predicted by many analysts so far, they even predicted that year-end prices would peak but it was not proven. there is actually a prolonged correction and currently the price is still fairly stable because it did not fall below $40K.

agree with you that in order to get bitcoin to reach the price of $100K it takes hard work and support, of course, from large institutions and companies that already hold and invest their funds in bitcoin, of course with countries that have adopted bitcoin and made bitcoin a valid medium of exchange. legitimate. it is clear that those with an interest will intervene as much as possible so that prices can increase again or at least not continue to fall.

GreatArkansas

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To be honest, Bitcoin is likely created to increase its price for me, look how it works, 21m supply, block halving.
For me, even how other countries will be strict with Bitcoin, they can't stop it, that's how Bitcoin is decentralized, they can't control it.

Another thing is the inflation of every country, Bitcoin fixes this. Especially day by day, innovation is there, the internet has slowly become our daily needs and that's the time most people will introduce Bitcoin.

Epaper

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In my opinion, if there is no widespread bitcoin price rally in the next few months, it looks likely to be a hindrance to Bitcoin price movement towards new ATH levels. Currently, the bitcoin market is still experiencing a decline of up to $6% where the price is still holding at the level of $43k. However, in the future, I am still optimistic that it is likely that the $100k bitcoin price target can still be achieved. But in order for bitcoin to reach the $100k price level, it will require massive support from the crypto market.

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Quote from: Poker Player on January 14, 2022, 07:56:42 AM

Quote from: GoodLuckHK on January 08, 2022, 08:17:53 PM

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 don't doubt that the price will hit $100K at some point. I would say this year but I can't say for sure. The point is that Bitcoin is a unique asset with intrinsic properties that make it the best for storing and transferring wealth, especially in large quantities. So I don't worry so much about price, although I always like it to go up, but I just accumulate regularly (DCA).

The journey of bitcoin from the past until now has been proven, there is no doubt about the price at any time, because bitcoin is the most stable crypto asset, in large quantities Bitcoin is able to make people become billionaires, the process of correction is the market response to current events, so it is not so effect in the long term, because corrections are a natural thing in crypto, everyone wants bitcoin to hit its highest price.

kotajikikox

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Quote from: akar87 on January 15, 2022, 01:51:02 AM

The rise and fall of the price of bitcoin is highly dependent on its adoption. If in the future bitcoin adoption continues to increase,

this will never come if we will just talk of it but will not invest personally , if there are someone that must trust and add to the value?
then that is our move mate because Bitcoin needed us for the adoption that we are asking for long time.

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then there is a possibility that the bitcoin price will have a higher price and vice versa,

Demand and Supply , buying and selling meaning circulation will be the most need part .

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so for now I don't think there is any point in continuing to predict the bitcoin price will go higher in the future due to the fact that bitcoin is currently still It's in a downside phase and it's a bit difficult to get back to the $50-$60k level.

it will come , there are many investors that only waits for timing , they may enter this year? or maybe next year who knows? but one thing is for sure that they will enter eventually .

akar87

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The rise and fall of the price of bitcoin is highly dependent on its adoption. If in the future bitcoin adoption continues to increase, then there is a possibility that the bitcoin price will have a higher price and vice versa, so for now I don't think there is any point in continuing to predict the bitcoin price will go higher in the future due to the fact that bitcoin is currently still It's in a downside phase and it's a bit difficult to get back to the $50-$60k level.

tygeade

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Quote from: Wexnident on January 14, 2022, 07:22:06 AM

Well as long as the adoption of crypto, in general, is seen in a positive light, pretty sure a bullish scenario isn't that far out of the story. Though tbf, no one can really know. Most of us here would be bullish since well, most of us have invested in Bitcoin and some believe completely in Bitcoin, but in the end that's just OUR belief, not what the future would be. Currently though it isn't looking that good, there's a bearish feel right now in the market and it doesn't seem to be letting up so far.

I do believe that people are not overreacting when they see it as a bullish scenario. I mean it is obvious that we are talking about something that is beneficial for everyone, bullish would help everyone but the short futures people. This is why there is a lot more community behind it, a lot more people trying it, even short futures people could go long to get their money back, so it is a lot easier to get that done.

I believe it may take a while but it is definitely not out of reach as of right now, which means it is going to happen in the short term. I am hoping for something that is 3 to 6 months at the most, maybe a lot earlier than that, maybe in a week, who knows?

lixer

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Quote from: GoodLuckHK on January 08, 2022, 08:17:53 PM

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.

How different countries' based cryptocurrencies will be having positive effect on bitcoin market? Or what do you mean by that? Because, I am seeing that some countries are developing or already introduced their central bank based digital currencies which are not positive for bitcoin market basically (at least in short term). So far, only one country has declared bitcoin as legal tender but they are not buying bitcoin for billions of dollars but buying like a low level institution which is the reason that news is not bringing any impact to bitcoin market.

Quote from: GoodLuckHK on January 08, 2022, 08:17:53 PM

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?

Bitcoin is always positive in long run and we do not have any clear idea about the trend only in short run. Yeah in next few years bitcoin must be trading above $100k levels but the price level in next few months is a mystery.

Maslate

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Quote from: GoodLuckHK on January 08, 2022, 08:17:53 PM

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?

For long term, yes, but for short term, just expect that the market will remain volatile and we might see another huge drop again. it's not new to the crypto space, the pump and dump are happening unexpectedly, but looking at the big picture, the price is always going in a positive growth

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That will be good for bitcoin and bitcoin holders as they do not have to sell their bitcoin in many amounts to make a big profit and keep the rest of bitcoin for the future. The adoption process will increase in the future and it is already started in the last year so we may see approval of bitcoin in many countries. Bitcoin price will continue to rise but we should also see the correction will happen many times to give us a chance to buy back bitcoin after we sell it. If you want to make a profit from bitcoin, you should prepare yourself from now on before the price start increase.

Poker Player

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Quote from: GoodLuckHK on January 08, 2022, 08:17:53 PM

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 don't doubt that the price will hit $100K at some point. I would say this year but I can't say for sure. The point is that Bitcoin is a unique asset with intrinsic properties that make it the best for storing and transferring wealth, especially in large quantities. So I don't worry so much about price, although I always like it to go up, but I just accumulate regularly (DCA).

Wexnident

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Well as long as the adoption of crypto, in general, is seen in a positive light, pretty sure a bullish scenario isn't that far out of the story. Though tbf, no one can really know. Most of us here would be bullish since well, most of us have invested in Bitcoin and some believe completely in Bitcoin, but in the end that's just OUR belief, not what the future would be. Currently though it isn't looking that good, there's a bearish feel right now in the market and it doesn't seem to be letting up so far.

ultrloa

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Quote from: GoodLuckHK on January 08, 2022, 08:17:53 PM

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?

You cannot get accurate answer since no one knows about the future of bitcoin but if we talk about historical statistics we can say the rise is there every year past so maybe from that we can guest that the price would reach at $100k but we don't know on when this come will came. But lets speculate maybe in next 4 years since for that we may have better chance for that price speculated to be reached.

Reid

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IMO, all that you said is right.
Some are negative about it but that because it is just slow. It took years before it was accepted as a currency and most of the people before think it's a joke to have a currency like Bitcoin but look at it now. $40k for 1 Bitcoin. Did anyone ever predicted that when it was just let's say $300 a piece? All the prediction was just for $1000 per BTC and they will be happy about it.
But now we are expecting for more and it doesn't mean it could go that far at a short span of time. We wait, patience is the key.

MarjorieZimmermanGinger

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Quote from: GoodLuckHK on January 08, 2022, 08:17:53 PM

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?

The effect of state approval can't affect bitcoin price at the moment, even though bitcoin's rise for the country is growing, in the short term I don't think it will have a big impact for bitcoin, but in the long term I agree bitcoin will continue to grow and become valuable at a higher price, moreover the condition of bitcoin is currently being corrected, so that in the short term it is impossible for bitcoin to become more valuable.

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