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Topic: What have changed in BTC price - page 2. (Read 506 times)

member
Activity: 882
Merit: 63
August 13, 2021, 11:02:28 AM
#53
Probably the only change is that there's more bitcoin in circulation, more people that are actively participating in the market and the prices are much higher than the last decade or so. I think those are the only changes that I can think of.
full member
Activity: 1638
Merit: 122
August 05, 2021, 05:22:55 AM
#52
33.9k down to 30k that was only a 3.9k decrease and I don't think that was a real bear market but in the past the price of Bitcoin have dump more than 3.9k not just once but I think lots of times already  .
Real bear market isn't new to us but we experience it all the time but I agree that this year was the best for btc because it reached its highest ath which was 60k and that's possible because lots of influencers and companies join btc during  this period .
hero member
Activity: 2842
Merit: 772
August 05, 2021, 04:36:55 AM
#51
I think that it is still early to say that 2021 is the Bitcoin adoption year. We still have 5 months to go until the end of this year. And we don't know at what rate Bitcoin adoption will continue in the rest of the year. For example, Tesla is said to be starting to accept Bitcoin as a payment method again soon. This could help the adoption in a positive way.

or the time of adopting bitcoin at this point I think it's almost over, as people are starting to go with its adoption. you guys are still thinking for the next 5 months, I think that's a very long time why have to wait another 5 months, if the opportunity is still in sight.

There's no time limit for bitcoin adoption, it might go in the next 5-10 years.

I think what he said that we still have 5 months to go before the end of the year, and that is a good gauge to see how well bitcoin is doing, regardless of adoption for governments or any merchant stores accepting it as mode of payment just like the rumoured Amazon news, which turn out to be faked. So the price is still a bargain, because in the next 5 months it might ballooned to 6 digits.
hero member
Activity: 2814
Merit: 541
Leading Crypto Sports Betting & Casino Platform
August 05, 2021, 02:27:53 AM
#50
I think that it is still early to say that 2021 is the Bitcoin adoption year. We still have 5 months to go until the end of this year. And we don't know at what rate Bitcoin adoption will continue in the rest of the year. For example, Tesla is said to be starting to accept Bitcoin as a payment method again soon. This could help the adoption in a positive way.

or the time of adopting bitcoin at this point I think it's almost over, as people are starting to go with its adoption. you guys are still thinking for the next 5 months, I think that's a very long time why have to wait another 5 months, if the opportunity is still in sight.
The adoption of bitcoin progress shows a good thing this year, and we see many big companies trying to buy and be involved in the bitcoin world. It will go mainstream from this year and in the future and many people will try to invest in bitcoin because they see that those big companies have the confidence to invest in bitcoin. We have 5 months before this year ends and if the bitcoin price can increase so high, that can change the perception of people out there because they can see that bitcoin can be one of the best investments for them. People will have their time to invest in bitcoin, especially if they can search for the other benefits of bitcoin.
member
Activity: 756
Merit: 17
August 04, 2021, 06:08:58 PM
#49
I think that it is still early to say that 2021 is the Bitcoin adoption year. We still have 5 months to go until the end of this year. And we don't know at what rate Bitcoin adoption will continue in the rest of the year. For example, Tesla is said to be starting to accept Bitcoin as a payment method again soon. This could help the adoption in a positive way.
sr. member
Activity: 868
Merit: 256
August 04, 2021, 05:11:25 PM
#48
As at the time of creating this thread Bitcoin is sold for $33,900, in recent days the entire market led by Bitcoin has faced what looks like a bear market where bitcoin went below $30,000 late last week before recovering back to its present price. This has driven me to the conclusion that bitcoin in this year 2021 made the highest price movement since it was created a decade ago.
Can we now call 2021 the year of Bitcoin/crypto adoption year?
If we put basis on the price or on the new ATH that goes above 60k$, maybe I can say that this year is really an amazing year for crypto. 60k$ last few months is really great and no one can really expect that it can reach that price this year, it is maybe because of the mass adoption and that price also mean that many investors are now investing into crypto and the demand is really rising.

Indeed, massive adoption also helped it reached to that specific value, and nobody expected more that their predictions existed in reality. However, FUD and other controversial statements came out after good market situation in order to take down bitcoin at that moment, yet we really experienced the negative outcomes but people realized how valuable this asset was. If ever demand will arise again, I think $60k will soon be reached and next predictions takes place towards $80k onwards.
full member
Activity: 1042
Merit: 103
August 04, 2021, 05:02:59 PM
#47
As at the time of creating this thread Bitcoin is sold for $33,900, in recent days the entire market led by Bitcoin has faced what looks like a bear market where bitcoin went below $30,000 late last week before recovering back to its present price. This has driven me to the conclusion that bitcoin in this year 2021 made the highest price movement since it was created a decade ago.
Can we now call 2021 the year of Bitcoin/crypto adoption year?
If we put basis on the price or on the new ATH that goes above 60k$, maybe I can say that this year is really an amazing year for crypto. 60k$ last few months is really great and no one can really expect that it can reach that price this year, it is maybe because of the mass adoption and that price also mean that many investors are now investing into crypto and the demand is really rising.
sr. member
Activity: 1792
Merit: 255
August 04, 2021, 10:45:08 AM
#46
Well, you are right cryptocurrency has witnessed mainstream adoption lately, and this is because more and more people are getting to understand the primary function of cryptocurrency and this is to be an alternative currency that will give people the financial freedom needle to leave an independent economic life without government and the central bank involvement.

The thing that makes crypto popular is the ease of transacting, with just a few seconds the transaction is complete even though the recipient is from all over the world because we are connected to the blockchain. this is what makes crypto users leave fiat and banks.
sr. member
Activity: 1484
Merit: 277
August 03, 2021, 07:34:06 PM
#45
As at the time of creating this thread Bitcoin is sold for $33,900, in recent days the entire market led by Bitcoin has faced what looks like a bear market where bitcoin went below $30,000 late last week before recovering back to its present price. This has driven me to the conclusion that bitcoin in this year 2021 made the highest price movement since it was created a decade ago.
Can we now call 2021 the year of Bitcoin/crypto adoption year?
Not yet, I wouldn't deal on that idea for now since we're still facing a hard days for crypto market. Despite that we see more promising days, but it can't be denied that more struggles is waiting for our asset in order to reach every goals we have. Price changed due to short time traders, and we need to wait for whales to take over and we will see bull market once again raging the entire cryptocurrency world.
sr. member
Activity: 2772
Merit: 357
Eloncoin.org - Mars, here we come!
August 01, 2021, 06:15:50 AM
#44
As at the time of creating this thread Bitcoin is sold for $33,900, in recent days the entire market led by Bitcoin has faced what looks like a bear market where bitcoin went below $30,000 late last week before recovering back to its present price. This has driven me to the conclusion that bitcoin in this year 2021 made the highest price movement since it was created a decade ago.
Can we now call 2021 the year of Bitcoin/crypto adoption year?
every after halving there is a possible pump , meaning there are probability that a All Time High will be rising and that happens this year like what happened in 2017 or even before those years.
so what we must understand that crypto market is volatile and unpredictable and this same reason that we must consider to not expect every high, in which there are chance to grow today and fall tomorrow or vice versa.
sr. member
Activity: 2590
Merit: 322
Leading Crypto Sports Betting & Casino Platform
August 01, 2021, 04:05:46 AM
#43
There hasn't been any static changes in the price of Bitcoin in the last few days. Price has not being much above $40,000. The price ranges from $37,000 to $40,500 in ẹ recent time. The Bitcoin world may just be waiting for a breakthrough into $42,000 for it to boom again and give us a spectacular rise in price that we all hope to see.
I think more than the changes in the prices, the market has more institutional investors than the last time so there's some changes in the market. You're probably right that after 42k we might see another run but we have to be careful because it's fueled by rumors but it seems it persists even though there's rumors about Amazon.
The rumoured adoption by Amazon might be one the reasons for the turnaround of the price of Bitcoin in last couples of days also Elon Musk made a positive remarks as regards Bitcoin,  of course we are all aware his last negative remarks that influenced the last dump in the price of Bitcoin however irrespective of whatever negative impact on the price of Bitcoin historically Bitcoin always rallies back this is a fact that shouldn't be ignored, in the wake of the first wave of covid-19 last year the price crashed suddenly however against all odds it rebounced and attained a new ATH, there are so many other price dump in the past in which institutional adoptions or positive news rallied it up thus I am not surprise with present price uptrending its likely that the market is  changing it sentiment from bearish to bullish.
sr. member
Activity: 1414
Merit: 326
August 01, 2021, 12:45:02 AM
#42
Bitcoin is the most powerful currency among other cryptocurrencies prices started to go down after bitcoin reached its high point but now prices are rising again because the market is not stable the price of bitcoin is constantly changing. Seeing the high price of bitcoin and the bull run coming back in the market new companies are joining crypto and with the change of financial situation everyone is investing in bitcoin.
member
Activity: 504
Merit: 57
July 31, 2021, 02:47:57 PM
#41
Well, you are right cryptocurrency has witnessed mainstream adoption lately, and this is because more and more people are getting to understand the primary function of cryptocurrency and this is to be an alternative currency that will give people the financial freedom needle to leave an independent economic life without government and the central bank involvement.
hero member
Activity: 2814
Merit: 642
July 31, 2021, 04:40:32 AM
#40
No, 2021 is the year of pandemic.
It helped a lot for people started looking for ways or options to where they should their money.
Instead of it rotting in banks where they are the ones making more money instead of us we finally made the jump to give other things a try. Cryptocurrencies.
It's not adoption because that means there is usage. They just bought it as a store of value and that's the same thing that is happening years ago.
It just went to the wider field where average people even without the proper knowledge are buying already unlike before where most investors would doubt it and try to learn it first before the purchase.
member
Activity: 1120
Merit: 68
July 31, 2021, 04:25:38 AM
#39
There hasn't been any static changes in the price of Bitcoin in the last few days. Price has not being much above $40,000. The price ranges from $37,000 to $40,500 in ẹ recent time. The Bitcoin world may just be waiting for a breakthrough into $42,000 for it to boom again and give us a spectacular rise in price that we all hope to see.
I think more than the changes in the prices, the market has more institutional investors than the last time so there's some changes in the market. You're probably right that after 42k we might see another run but we have to be careful because it's fueled by rumors but it seems it persists even though there's rumors about Amazon.
legendary
Activity: 3402
Merit: 10424
July 31, 2021, 02:41:33 AM
#38
There are influences from other adoptions, especially Amazon, which is widely reported, ~
You are out of the loop because Amazon news was fake and it became known the first day when rise was just beginning. This is why we keep saying this rise has nothing to do with the short lived hype about Amazon and yet price keeps rising.
hero member
Activity: 1960
Merit: 502
July 30, 2021, 07:19:44 PM
#37
As at the time of creating this thread Bitcoin is sold for $33,900, in recent days the entire market led by Bitcoin has faced what looks like a bear market where bitcoin went below $30,000 late last week before recovering back to its present price. This has driven me to the conclusion that bitcoin in this year 2021 made the highest price movement since it was created a decade ago.
Can we now call 2021 the year of Bitcoin/crypto adoption year?
Don't have a final conclusions yet, we cannot perfectly said this year to be a bitcoin or crypto adoption period. When we don't see government pushing through digital currency as most recognized asset, still this idea wouldn't come to become a fulfillment. We might seem to observe the highest price achievements, but it all remains to that state but nothings ever change in reality of crypto's volatility.
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
July 30, 2021, 01:00:57 PM
#36
2021 is indeed the most Bitcoin adaption year. And we have seen a new ATH this year as well. Most probably it's because of this adaption. But it doesn't mean the price wouldn't drop and always should up only. Bitcoin is the most volatile cryptocurrency and most probably that's the reason why it's most popular than other cryptocurrencies in the market. By the way, just now I have seen in Binance Bitcoin trading above $39K and trying hard to break the $40K zone. It's because most likely Amazon going to adopt Bitcoin.
There are influences from other adoptions, especially Amazon, which is widely reported, maybe this is a sign that there will be better price changes after many adaptations this year and much better than before. I'm sure about that after reaching ATH this will not be fundamental when the price becomes a bear market .

After a few days it seems the price is still holding $39k this possibility will definitely go up again after a lot of positive talk and after we offset these fluctuations for me this is natural and crypto will be a very fast opportunity with its fluctuations.
member
Activity: 573
Merit: 30
July 30, 2021, 12:28:14 PM
#35
There hasn't been any static changes in the price of Bitcoin in the last few days. Price has not being much above $40,000. The price ranges from $37,000 to $40,500 in ẹ recent time. The Bitcoin world may just be waiting for a breakthrough into $42,000 for it to boom again and give us a spectacular rise in price that we all hope to see.
full member
Activity: 651
Merit: 101
$CYBERCASH METAVERSE
July 27, 2021, 10:42:49 AM
#34
As at the time of creating this thread Bitcoin is sold for $33,900, in recent days the entire market led by Bitcoin has faced what looks like a bear market where bitcoin went below $30,000 late last week before recovering back to its present price. This has driven me to the conclusion that bitcoin in this year 2021 made the highest price movement since it was created a decade ago.
Can we now call 2021 the year of Bitcoin/crypto adoption year?
Yes, we can call it the year 2021 is the year of bitcoin adoption, although actually in the following year I'm still optimistic that there is time for bitcoin to go higher. so I think the current year has been good but there will still be better years for bitcoin. believe in the situation
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