Topic: What have changed in BTC price - page 2. (Read 538 times)
I think cryptocurrency adoption has skyrocketed from the start of 2021 very significantly from the previous year. This was influenced by the bullishness of Bitcoin which broke its all-time high price (ATH).
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.
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 .
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 .
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.
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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.
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.
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.Can we now call 2021 the year of Bitcoin/crypto adoption year?
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.
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. Can we now call 2021 the year of Bitcoin/crypto adoption year?
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.
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. Can we now call 2021 the year of Bitcoin/crypto adoption year?
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.Can we now call 2021 the year of Bitcoin/crypto adoption year?
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.
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.
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.
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.
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.
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.
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. 
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. 
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. Can we now call 2021 the year of Bitcoin/crypto adoption year?
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.
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.
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