What is your expectation | Bitcointalksearch.org

stomachgrowls

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Quote from: fadhilz123 on October 14, 2022, 05:49:13 PM

Quote from: Aliem Nur on October 13, 2022, 12:02:36 PM

My expectation was that Bitcoin could reach $100k in 2022 but it didn't materialize and instead the price continued to dump,
to be honest I was really frustrated to see the price of bitcoin always being dumped,
and always wondering when will the bearish end? and when will the $100k be reached?.

Instead of thinking about it all the time so that you become frustrated by the continuous decline and the increasingly invisible increase at this time, you better work on getting more Bitcoins and try to collect as much as possible at this point in time before the price becomes expensive.

I'm pretty sure that you will also feel sorry when you see an increase in Bitcoin in the future if you don't have the courage to make purchases on Bitcoin at this time yourself.
So try to do your best and let go of your frustration slowly because the future of Bitcoin is still very good and bright for everyone.

One of the most common mistake where these people would be doing is that they do only buy when the market is already hyping or when going to peak or ATH and this is where they do buy which is really not that right.

Somehow buying on bear market or deep declines are always been a challenge yet you wont really be that confident on doing so because you would be thinking off that the price might even go lower.

But since you had stepped your foot into this market then it is really just right on having that behavior which you would really be needing to take risk for you to
gain profits if not then this market isnt really for you.

fadhilz123

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Quote from: Aliem Nur on October 13, 2022, 12:02:36 PM

My expectation was that Bitcoin could reach $100k in 2022 but it didn't materialize and instead the price continued to dump,
to be honest I was really frustrated to see the price of bitcoin always being dumped,
and always wondering when will the bearish end? and when will the $100k be reached?.

Instead of thinking about it all the time so that you become frustrated by the continuous decline and the increasingly invisible increase at this time, you better work on getting more Bitcoins and try to collect as much as possible at this point in time before the price becomes expensive.

I'm pretty sure that you will also feel sorry when you see an increase in Bitcoin in the future if you don't have the courage to make purchases on Bitcoin at this time yourself.
So try to do your best and let go of your frustration slowly because the future of Bitcoin is still very good and bright for everyone.

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Quote from: gantez on February 19, 2022, 08:58:05 AM

We have heard all the news about countries deciding to make bitcoin as legal, the latest being Russia and Ukraine as they both are also in some political problem. Obviously with this new statement that has been made on bitcoin status in those countries, it could be regulated by the government.
What is your expectation of bitcoin ?

Maybe that's good news for today's crypto users. This is a form of support that can make the Bitcoin price increase. And the hope is that other countries that haven't legalized Bitcoin can follow suit.

But the basic question is how they can apply a rule to global investment. Many exchanges currently accept users from various countries, they accept KYC for all countries, thus making some people not need a local exchange.

And until now we have not been able to determine how the form of rules that want to be applied in a country regarding crypto. Maybe taxes. However, the tax taken in a country is not on crypto users, but on local exchanges as a form of crypto company.

Aliem Nur

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My expectation was that Bitcoin could reach $100k in 2022 but it didn't materialize and instead the price continued to dump,
to be honest I was really frustrated to see the price of bitcoin always being dumped,
and always wondering when will the bearish end? and when will the $100k be reached?.

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Quote from: Sebas.tian on October 12, 2022, 11:34:02 PM

Quote

Of course I hope that the market will immediately rise and the price of Bitcoin can return to the highest levels like 2021, but if you see the current conditions it seems that it is difficult and I only set a target price of Bitcoin to reach $ 35K so that I am not too lost.

Based on what traders are experiencing from the crypto market now, showed that the price of Bitcoin will definitely improve higher before the end of this month, because the green light is preparing to be stable for both long term traders and short term traders to have something suitable to achieve in the future. I think, the price of Bitcoin will hit back to $35,000 or $40,000 soon before the end of this year 2022 for traders to have hope that next year will be better than this year, because Bitcoin price will definitely increase to $60,000 in 2023 for those that invested in the past to achieve a good results from the market.

I am not thinking about the current price of Bitcoin at the moment. I'm just thinking how much I can collect Bitcoin before the market bullish. I am very worried about whether I can collect Bitcoin in a short time according to my money and demand. Yet many people are worried about Bitcoin if the price goes down or many are thinking if they purchase at a lower price. However the price of bitcoin is now the lowest level, it is more likely to be bullish after a certain period of time. I hope Bitcoin will be more stronger than previous which many could not even imagine.

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Bitcoin has be popular to the extent that many countries is aware of Bitcoin and the way we are looking at it. Bitcoin is something i believe that many countries will legalize bitcoin soon and the adoption will go viral the way I'm seeing it.

When viewed as a whole, there are still very many countries that have not realized the use of Bitcoin and adoption as you say. But for some countries that are often mentioned in the news through several trusted media, it is very clear that there are and indeed these countries will continue to strive to use Bitcoin where they need it.
For example, adding payment options when shopping at large supermarkets or at companies that are willing to accept Bitcoin and other cryptocurrencies such as USDT for example.

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Of course I hope that the market will immediately rise and the price of Bitcoin can return to the highest levels like 2021, but if you see the current conditions it seems that it is difficult and I only set a target price of Bitcoin to reach $ 35K so that I am not too lost.

Based on what traders are experiencing from the crypto market now, showed that the price of Bitcoin will definitely improve higher before the end of this month, because the green light is preparing to be stable for both long term traders and short term traders to have something suitable to achieve in the future. I think, the price of Bitcoin will hit back to $35,000 or $40,000 soon before the end of this year 2022 for traders to have hope that next year will be better than this year, because Bitcoin price will definitely increase to $60,000 in 2023 for those that invested in the past to achieve a good results from the market.

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Quote from: StreakW on October 06, 2022, 08:48:45 AM

It may not have a significant short-term impact on the bitcoin price if Russia and Ukraine legalize the cryptocurrency in their countries. However, in the long term it is likely that the crypto market will grow very large which can be a bullish momentum going forward.

I think you also need to look at other countries besides Russia and Ukraine for cryptocurrency legalization because several central banks in different countries have also seen cryptocurrencies as important to be accepted so that in the future I think there will be more widespread adoption of cryptocurrencies and also many around the world.

Likewise with Russia and Ukraine when they both have started to make peace in this world, I think Russia and Ukraine will also see cryptocurrency as important even though they will not immediately legalize it for the payment system.

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Quote from: Chato1977 on May 08, 2022, 07:42:25 PM

Quote from: mattujusuruga on May 08, 2022, 04:25:49 AM

In the midst of the war situation that occurred, Russia and Ukraine decided to legalize bitcoin in their country. However, even though it is legalized, it does not mean that bitcoin is a legal tender there, but only as a transactable asset. On the other hand, Russia can use cryptocurrencies to evade international sanctions imposed on it.

What could be the advantage to the market of these 2 countries accepting bitcoin but having war?

I don't think there is really a positive result because look at the market now it consistently decrease in value and the whole crypto is suffering from this.

It may not have a significant short-term impact on the bitcoin price if Russia and Ukraine legalize the cryptocurrency in their countries. However, in the long term it is likely that the crypto market will grow very large which can be a bullish momentum going forward.

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Quote from: posi on October 01, 2022, 09:05:40 AM

Quote from: Vinaa77 on September 30, 2022, 02:43:26 PM

Quote from: gantez on February 19, 2022, 08:58:05 AM

What is your expectation of bitcoin ?

If all countries legalized Bitcoin, the Bitcoin price would be more stable than it is today. Of course we will find it difficult to see a bull market as we feel today. And while currently Bitcoin is not legal in many countries, I see no restrictions for the use of Bitcoin so far. We use Bitcoin so far it's still smooth, I haven't found a blocked Bitcoin wallet. Of course if Bitcoin is legal, and certain rules are in place, I'm sure there will be high taxes here.

As you said, the legalization of bitcoin will help bitcoin become more popular and used and can be considered as a legal means of payment along with fiat, this is a positive but also has a lot of downsides that many of us will not like. That is it will become more stable, which is probably the worst if that happens. Volatility is a unique feature of bitcoin that no other asset class has ever owned before, if it becomes stable and unprofitable, then I think bitcoin will be no longer interesting and many people will leave the market in search of a more attractive market.

It is very logical. We are always talking about the stability of Bitcoin but if it stabilizes then those investors may leave the market. But here is another thing can be noticed that the investment in altcoins can increase. Only those coins will move forward as unstable especially those are ahead with good popularity in the market.

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Quote from: Quidat on October 01, 2022, 04:58:40 PM

Quote from: posi on October 01, 2022, 09:05:40 AM

Quote from: Vinaa77 on September 30, 2022, 02:43:26 PM

Quote from: gantez on February 19, 2022, 08:58:05 AM

What is your expectation of bitcoin ?

If all countries legalized Bitcoin, the Bitcoin price would be more stable than it is today. Of course we will find it difficult to see a bull market as we feel today. And while currently Bitcoin is not legal in many countries, I see no restrictions for the use of Bitcoin so far. We use Bitcoin so far it's still smooth, I haven't found a blocked Bitcoin wallet. Of course if Bitcoin is legal, and certain rules are in place, I'm sure there will be high taxes here.

As you said, the legalization of bitcoin will help bitcoin become more popular and used and can be considered as a legal means of payment along with fiat, this is a positive but also has a lot of downsides that many of us will not like. That is it will become more stable, which is probably the worst if that happens. Volatility is a unique feature of bitcoin that no other asset class has ever owned before, if it becomes stable and unprofitable, then I think bitcoin will be no longer interesting and many people will leave the market in search of a more attractive market.

It doesnt really need legalization but rather recognition.It could really be recognized without having the need of centralization specially into the services that it do connects.
Just let recognition and popularity would do the work.Lets just accept the fact that it cant really be adopted nor accepted easily on each government on the world.
It would always be leaving out with that bad impression due into its features which is something that oppose centralization and its common sense that it wont really be
always ending up with good or positive impressions.Just let recognition do move in a normal way, we arent needing those things honestly.
We've been still doing good if we do see or pertain about recognition rate.

Recognize? that's even more unlikely, that's not how the government works, they will recognize it and they don't get any benefit from it. This is something no government has done before. If we were to expect a recognition, in my opinion it would be a permanent ban instead.
I would rather pay taxes and still be able to use and trade bitcoins than be banned forever, as long as bitcoin volatility persists, we can still make a profit, than there will be no chance to use bitcoin.

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Quote from: posi on October 01, 2022, 09:05:40 AM

Quote from: Vinaa77 on September 30, 2022, 02:43:26 PM

Quote from: gantez on February 19, 2022, 08:58:05 AM

What is your expectation of bitcoin ?

If all countries legalized Bitcoin, the Bitcoin price would be more stable than it is today. Of course we will find it difficult to see a bull market as we feel today. And while currently Bitcoin is not legal in many countries, I see no restrictions for the use of Bitcoin so far. We use Bitcoin so far it's still smooth, I haven't found a blocked Bitcoin wallet. Of course if Bitcoin is legal, and certain rules are in place, I'm sure there will be high taxes here.

As you said, the legalization of bitcoin will help bitcoin become more popular and used and can be considered as a legal means of payment along with fiat, this is a positive but also has a lot of downsides that many of us will not like. That is it will become more stable, which is probably the worst if that happens. Volatility is a unique feature of bitcoin that no other asset class has ever owned before, if it becomes stable and unprofitable, then I think bitcoin will be no longer interesting and many people will leave the market in search of a more attractive market.

It doesnt really need legalization but rather recognition.It could really be recognized without having the need of centralization specially into the services that it do connects.
Just let recognition and popularity would do the work.Lets just accept the fact that it cant really be adopted nor accepted easily on each government on the world.
It would always be leaving out with that bad impression due into its features which is something that oppose centralization and its common sense that it wont really be
always ending up with good or positive impressions.Just let recognition do move in a normal way, we arent needing those things honestly.
We've been still doing good if we do see or pertain about recognition rate.

posi

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Quote from: Vinaa77 on September 30, 2022, 02:43:26 PM

Quote from: gantez on February 19, 2022, 08:58:05 AM

What is your expectation of bitcoin ?

If all countries legalized Bitcoin, the Bitcoin price would be more stable than it is today. Of course we will find it difficult to see a bull market as we feel today. And while currently Bitcoin is not legal in many countries, I see no restrictions for the use of Bitcoin so far. We use Bitcoin so far it's still smooth, I haven't found a blocked Bitcoin wallet. Of course if Bitcoin is legal, and certain rules are in place, I'm sure there will be high taxes here.

As you said, the legalization of bitcoin will help bitcoin become more popular and used and can be considered as a legal means of payment along with fiat, this is a positive but also has a lot of downsides that many of us will not like. That is it will become more stable, which is probably the worst if that happens. Volatility is a unique feature of bitcoin that no other asset class has ever owned before, if it becomes stable and unprofitable, then I think bitcoin will be no longer interesting and many people will leave the market in search of a more attractive market.

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Quote from: Vinaa77 on September 30, 2022, 02:43:26 PM

If all countries legalized Bitcoin, the Bitcoin price would be more stable than it is today. Of course we will find it difficult to see a bull market as we feel today. And while currently Bitcoin is not legal in many countries, I see no restrictions for the use of Bitcoin so far. We use Bitcoin so far it's still smooth, I haven't found a blocked Bitcoin wallet. Of course if Bitcoin is legal, and certain rules are in place, I'm sure there will be high taxes here.

I actually think that if Bitcoin is legalized in all countries and the price becomes more stable, then the profit from trading or traders will be less as they usually do (buying at low prices and then selling at high prices after a long time of patience). And when Bitcoin is regulated by state rules made specifically by the government, then obviously it will be related to taxes, as well as certain restrictions that the user should not violate because every transaction will be known by the state.

On the one hand, the legalization of Bitcoin can indeed make it easier for users within the country and can also attract more new users in all countries.
But for now I'm still happy when Bitcoin is not prohibited from being traded on crypto exchanges and is also recognized as a legal asset for investment and trading even though it is not legalized into payments for goods and services as happened in Indonesia.

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Quote from: gantez on February 19, 2022, 08:58:05 AM

What is your expectation of bitcoin ?

If all countries legalized Bitcoin, the Bitcoin price would be more stable than it is today. Of course we will find it difficult to see a bull market as we feel today. And while currently Bitcoin is not legal in many countries, I see no restrictions for the use of Bitcoin so far. We use Bitcoin so far it's still smooth, I haven't found a blocked Bitcoin wallet. Of course if Bitcoin is legal, and certain rules are in place, I'm sure there will be high taxes here.

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Quote from: asrinur on September 17, 2022, 12:16:58 PM

Right. Indeed, many countries in the world still choose to watch and wait for the development of bitcoin in the long term before making the decision to legalize it. Of course the government will test it first so it doesn't have a bad impact on the community. In addition, Russia, which has now legalized bitcoin, must have tested it before so that they want to legalize bitcoin. Although we don't know if Russia is legalizing bitcoin in the long term or short term.

Legalized bitcoin for as currency transaction payment is not easy depending many parliament allowed needed, in some countries have both side about positive and negative viewed with bitcoin, of course when bitcoin have been legalize they can earn passive income from taxes and will increase years by years depending many people interested with bitcoin. About Russia still have final official announcement yet from their government bitcoin have been legalize there, many speculative information about Russia make bitcoin as legal currency transaction and have been rumor more than last two years ago.

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Quote from: Falconer on September 29, 2022, 02:25:57 PM

I don't know exactly what kind of complex problem you are referring to, but I can guess one of them is that the country does not have its own currency as happened in El Salvador. Then El Salvador's mission to legalize bitcoin is also to reduce remittance fees which have been very large because most of their residents work abroad, that has been the reason why El Salvador legalized bitcoin.

Another problem that can be solved with the legality of bitcoin as a legal tender is, the increasing value of taxes that allow states to generate large profits from transactions or growth in asset value. That can be another goal of bitcoin adopting countries in my opinion. One more thing, bitcoin can help increase user confidence in a government that has been corrupt with its centralized financial system.

You could say one of the reasons for countries to legalize bitcoin, because basically there is no regulation that regulates currency issues in the country, so the opportunity for bitcoin to be legalized and become a legal transaction tool is very open and has the best opportunity.

For this I strongly agree, that the high cost of remittances, the value of taxes earned and the trust in a corrupt government also play a big role in helping to increase users' trust in their proper financial system, so bitcoin is the best solution to get out of this problem.

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Quote from: Fara Chan on September 29, 2022, 10:17:44 AM

Countries that decide to make bitcoin legal have a vision and mission to develop, they know that bitcoin is able to solve the problem of the complexity that is happening, without ignoring the risks and impacts caused by the legalization.

I don't know exactly what kind of complex problem you are referring to, but I can guess one of them is that the country does not have its own currency as happened in El Salvador. Then El Salvador's mission to legalize bitcoin is also to reduce remittance fees which have been very large because most of their residents work abroad, that has been the reason why El Salvador legalized bitcoin.

Another problem that can be solved with the legality of bitcoin as a legal tender is, the increasing value of taxes that allow states to generate large profits from transactions or growth in asset value. That can be another goal of bitcoin adopting countries in my opinion. One more thing, bitcoin can help increase user confidence in a government that has been corrupt with its centralized financial system.

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Quote from: gantez on February 19, 2022, 08:58:05 AM

We have heard all the news about countries deciding to make bitcoin as legal

Countries that decide to make bitcoin legal have a vision and mission to develop, they know that bitcoin is able to solve the problem of the complexity that is happening, without ignoring the risks and impacts caused by the legalization.

Quote

it could be regulated by the government

I can't understand what you mean with regards to being regulated by the government, because actually bitcoin has a different vision than what you mentioned, can you explain this issue?

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Quote from: fuguebtc on August 17, 2022, 06:06:37 PM

Quote from: bots1 on August 17, 2022, 05:32:34 PM

Of course we hope that in the future more and more countries in the world will legalize bitcoin. Although we know that so far there are still many countries that do not yet have clear provisions regarding bitcoin. Most countries choose to use a wait and see approach or wait for the development of bitcoin in the long term. Therefore, with Russia and Ukraine having legalized bitcoin, hopefully it can encourage other countries to legalize bitcoin to be used as a medium of exchange.

Bitcoin being widely used around the world is something we all want, but bitcoin's biggest hurdle is still the government. Many governments are wary of bitcoin because once accepting bitcoins means their power will be reduced somewhat, bitcoin is not their product and they cannot control it so it is difficult for them to accept mass.

Russia had a harsh reaction to bitcoin before, but when war broke out, they quickly accepted bitcoin, one side used it to evade sanctions, and the other used it to donate to charity during the war. Both are using bitcoin for short term personal use. I don't know how they will react after the war is over.

Right. Indeed, many countries in the world still choose to watch and wait for the development of bitcoin in the long term before making the decision to legalize it. Of course the government will test it first so it doesn't have a bad impact on the community. In addition, Russia, which has now legalized bitcoin, must have tested it before so that they want to legalize bitcoin. Although we don't know if Russia is legalizing bitcoin in the long term or short term.

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