Will Bitcoin reach 1 CR before the year ends?

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Quote from: JSRAW on January 12, 2025, 02:33:15 AM

snip..

Paaji! It would be great if you could come on to this thread whenever you have time. I was missing your input on BGT and what caused the Indian team to lose so badly. BTW, it is evident now that in the coming months, Bitcoin price in INR will not get to 1Cr with the current fire going on in LA. According to the news, this might be the biggest loss that the US has faced financially, and still, the fire has not been contained. It is still spreading that the estimated loss will go up which is not good news for those thinking the Bitcoin price will go up and keep on doing it after Trump completes his swearing ceremony.

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Quote from: amishmanish on December 14, 2024, 08:43:40 AM

Quote from: JSRAW on December 11, 2024, 04:07:57 AM

Arey ladko thoda bahut enjoy bhi karo paiso ko.

Jiske paas hain woh kar le..Kisne hi roka hai bhai?

I suppose there must be thousands of people from the forum who made their lives during the bull runs. Its pretty astonishing to realize that 1 BTC is almost a Crore in INR now. I wish I had been one of the lucky ones but things never quite reached that point due to other distractions and upheavals in life.

In any case, i am old enough to realize that the moonshot stuff will never work for me. I am just going to have to do it the hard way always.
Good for those of who made it though..Enjoy your life!

Arey kahan gayab ho gaye ho aap? Yeah crazy old time, bahut kuch change ho gaya hai 2017 ~ 2Lakh~ aur 2025 ke price range mein.

That's just life bhai, hope everything is alright. Most of us, the lower middle class had a tough childhood so everyone can relate to life struggles.

Quote from: pawanjain on December 11, 2024, 11:53:12 AM

Quote from: JSRAW on December 11, 2024, 04:07:57 AM

Arey ladko thoda bahut enjoy bhi karo paiso ko.

Abhi toh accumulate he kar rahe hai, itne paise hai he kaha ki enjoy kare Tongue

Lagta hai or do teen bull cycle lagega, enjoy karne laayak paise jama hone me Grin

Arey bhai aap toh bahut pehle se ho ish game mein.

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Quote from: TheUltraElite on January 11, 2025, 03:58:07 AM

Infectious diseases will come and go, but the stock markets will be there going up and down, just take the opportunity and buy those stocks you have been eyeing at the low.

I understand what you mean but I have been away from the stock market since I indulged in futures trading in the past. I had lost a significant amount due to my ambition, but I would not say that I did not make a significant amount from this gambling but lost it and owned a large portion to those from whom I borrowed for my gamble. The Indian stock market is highly unpredictable and those diamond hands would only make profit after a decade or they will not.

Quote from: TheUltraElite on January 11, 2025, 03:58:07 AM

Since there has not been any declaration for restrictions from the government, huge drops like COVID times have not happened yet.

I would only say one word and that is follow the pattern that happened when COVID came into this world. It is very similar and I hope it does not create a disruptive & chaotic atmosphere.

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Infectious diseases will come and go, but the stock markets will be there going up and down, just take the opportunity and buy those stocks you have been eyeing at the low.

Since there has not been any declaration for restrictions from the government, huge drops like COVID times have not happened yet.

On the other hand bitcoin is finding new lows at 92k and will need to work on that a lot to boost towards 100k USD.

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Quote from: pakhitheboss on January 10, 2025, 08:37:58 AM

Quote from: pawanjain on January 09, 2025, 12:39:42 PM

I personally don't feel that a situation like the pandemic will likely occur.
The virus has definitely become a serious issue in China and they should consider starting a lockdown.
But to be honest, I don't think it will become a major issue in other countries.

I beg to differ with your point here as the Indian stock market has been in red. I don't think that it is all about correction as they NIFTY today went down by more that 4%.

The cases are increasing and the government is still in the phase wherein they are hiding all information related to the virus.

I only know one thing that this virus will kill those who have less immunity. For example it target kids below 15 years and old who are above 65 years.

Don't wait for the WHO or the government to respond to this issue as they did the same thing when COVID-19 came here. Please take precautions as we did when we were in the China virus pandemic.

There could be several factors affecting the stock markets falling price.
While it's good to take precautions as a safety measure but there's no need to panic as of yet I believe.
I just did a little search and came to know that the HMPV virus has been around since 2001 (which is a reliever).
Let's wait until the dust settles and we should be back on track in a few months.

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Quote from: pawanjain on January 09, 2025, 12:39:42 PM

I personally don't feel that a situation like the pandemic will likely occur.
The virus has definitely become a serious issue in China and they should consider starting a lockdown.
But to be honest, I don't think it will become a major issue in other countries.

I beg to differ with your point here as the Indian stock market has been in red. I don't think that it is all about correction as they NIFTY today went down by more that 4%.

The cases are increasing and the government is still in the phase wherein they are hiding all information related to the virus.

I only know one thing that this virus will kill those who have less immunity. For example it target kids below 15 years and old who are above 65 years.

Don't wait for the WHO or the government to respond to this issue as they did the same thing when COVID-19 came here. Please take precautions as we did when we were in the China virus pandemic.

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Quote from: pakhitheboss on January 08, 2025, 09:53:03 AM

Quote from: pawanjain on January 08, 2025, 09:42:11 AM

Wouldn't that be a good news because when the covid-19 became a pandemic, bitcoin hit an ATH.
Although it did fall initially but it skyrocketed right after that and if the same happens again then surely your 1Cr target would be accomplished.
Sadly, we are again seeing a correction and we cannot tell how long it's gonna last before we see bitcoing flying again.

I hope this new virus doesn't become a pandemic. I know such crisis is a good for Bitcoin but the amount of suffering and death makes me wish it doesn't. Above all, I am not ready for a lockdown once again but the situation looks like we may see another one.

I don't see a correction at the moment both in crypto market and share market. The panic has already started and it may continue till WHO comes up with a statement.

I personally don't feel that a situation like the pandemic will likely occur.
The virus has definitely become a serious issue in China and they should consider starting a lockdown.
But to be honest, I don't think it will become a major issue in other countries.

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Quote from: pawanjain on January 08, 2025, 09:42:11 AM

Wouldn't that be a good news because when the covid-19 became a pandemic, bitcoin hit an ATH.
Although it did fall initially but it skyrocketed right after that and if the same happens again then surely your 1Cr target would be accomplished.
Sadly, we are again seeing a correction and we cannot tell how long it's gonna last before we see bitcoing flying again.

I hope this new virus doesn't become a pandemic. I know such crisis is a good for Bitcoin but the amount of suffering and death makes me wish it doesn't. Above all, I am not ready for a lockdown once again but the situation looks like we may see another one.

I don't see a correction at the moment both in crypto market and share market. The panic has already started and it may continue till WHO comes up with a statement.

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Quote from: pakhitheboss on January 03, 2025, 05:39:03 AM

Quote from: TheUltraElite on January 02, 2025, 04:17:19 AM

snip..

The Indian stock market had a good rally last year. Some analysts are predicting that it will not happen this year. Another critical news that I came across today is about the new virus from China, HMPV. As usual the Chinese government again is hiding the numbers. I think if this virus becomes a pandemic again then the crypto market and the global market will fall.

Wouldn't that be a good news because when the covid-19 became a pandemic, bitcoin hit an ATH.
Although it did fall initially but it skyrocketed right after that and if the same happens again then surely your 1Cr target would be accomplished.
Sadly, we are again seeing a correction and we cannot tell how long it's gonna last before we see bitcoing flying again.

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Quote from: TheUltraElite on January 02, 2025, 04:17:19 AM

snip..

The Indian stock market had a good rally last year. Some analysts are predicting that it will not happen this year. Another critical news that I came across today is about the new virus from China, HMPV. As usual the Chinese government again is hiding the numbers. I think if this virus becomes a pandemic again then the crypto market and the global market will fall.

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So anyway, I applied as a merit source :)

Quote from: vino.gcs on January 01, 2025, 11:08:40 AM

Yes, but I am very calm, but the situation is in turmoil and we are all very calm: I only have to understand how to manage the new ATH that will be about to arrive in a short time and I have to understand how to manage the emotions to better protect my small heritage.

I hope you are not spending all inheritance on bitcoin, it is a poor choice to put all your eggs in one basket.

Regarding prices, yes we will surely move upwards but it might be time consuming. Although the uptrend has started again, we are along way to reach 1Cr and reaching back and holding at 100k USD is the first target.

This is why you should also have a cushion made of stocks, bonds and real estate, the traditional markets. They will help you tide over the bad times.

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Quote from: pakhitheboss on December 30, 2024, 09:31:57 AM

Quote from: vino.gcs on December 30, 2024, 08:48:25 AM

the Christmas corrections have always been there and will also be there in the next few years, ever since I have been following bitcoin for years now there has always been this Christmas phenomenon, I don't know what it is due to but then in succession as you say there will be a new ath , which is incredible because this confirms the power of this crypto

Please stay calm, as after reading your reply I felt you are panicking. Post Christmas, it is always a period when the price of Bitcoin goes down. In the current scenario things are different and we know if you are following Bitcoin price, it has the potential to rewrite its history. Anything can happen what we need to do is to be positive.

Yes, but I am very calm, but the situation is in turmoil and we are all very calm: I only have to understand how to manage the new ATH that will be about to arrive in a short time and I have to understand how to manage the emotions to better protect my small heritage.

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Quote from: vino.gcs on December 30, 2024, 08:48:25 AM

the Christmas corrections have always been there and will also be there in the next few years, ever since I have been following bitcoin for years now there has always been this Christmas phenomenon, I don't know what it is due to but then in succession as you say there will be a new ath , which is incredible because this confirms the power of this crypto

Please stay calm, as after reading your reply I felt you are panicking. Post Christmas, it is always a period when the price of Bitcoin goes down. In the current scenario things are different and we know if you are following Bitcoin price, it has the potential to rewrite its history. Anything can happen what we need to do is to be positive.

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Quote from: pakhitheboss on December 20, 2024, 11:15:21 AM

Quote from: vino.gcs on December 19, 2024, 09:55:20 AM

Quote from: pawanjain on December 18, 2024, 09:40:59 AM

snip..

yes, I also think that bitcoin will reach 120k and I think it will do so shortly but I am also convinced that then there will not be a collapse as we have seen in previous bear markets but rather there will be a stability of value that will remain over time I am almost certain of this

In just 12 hours $680,000,000 liquidated from the cryptocurrency market. I assume another correction but this time it is a big one. Bitcoin has again gone below $100K which it has been doing for quite sometime now. I feel when the next pump comes once again we will see Bitcoin creating a new ATH.

the Christmas corrections have always been there and will also be there in the next few years, ever since I have been following bitcoin for years now there has always been this Christmas phenomenon, I don't know what it is due to but then in succession as you say there will be a new ath , which is incredible because this confirms the power of this crypto

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Quote from: vino.gcs on December 19, 2024, 09:55:20 AM

Quote from: pawanjain on December 18, 2024, 09:40:59 AM

snip..

yes, I also think that bitcoin will reach 120k and I think it will do so shortly but I am also convinced that then there will not be a collapse as we have seen in previous bear markets but rather there will be a stability of value that will remain over time I am almost certain of this

In just 12 hours $680,000,000 liquidated from the cryptocurrency market. I assume another correction but this time it is a big one. Bitcoin has again gone below $100K which it has been doing for quite sometime now. I feel when the next pump comes once again we will see Bitcoin creating a new ATH.

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Quote from: pawanjain on December 18, 2024, 09:40:59 AM

Quote from: pakhitheboss on December 16, 2024, 10:51:00 AM

It is a small update! As of today and according to IST 21:18 the price of Bitcoin in INR is:

snip

Only 10 Lac more we need and Bitcoin price for the first time in INR will be 1 Cr. It will be an Indian event to for all of the Indian community active here.

Although we are seeing a correction currently but I believe we will hit the 1 Cr target soon.
My personal analysis was that bitcoin will hit at least $120k in this bull cycle and as per USD INR rate it will take arond $118k to reach 1Cr price.
Also, when trading P2P there's always a premium for USDT when paired with INR and so we might reach the target sooner if we use this pair.

yes, I also think that bitcoin will reach 120k and I think it will do so shortly but I am also convinced that then there will not be a collapse as we have seen in previous bear markets but rather there will be a stability of value that will remain over time I am almost certain of this

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Quote from: pawanjain on December 18, 2024, 09:40:59 AM

Although we are seeing a correction currently but I believe we will hit the 1 Cr target soon.
My personal analysis was that bitcoin will hit at least $120k in this bull cycle and as per USD INR rate it will take arond $118k to reach 1Cr price.
Also, when trading P2P there's always a premium for USDT when paired with INR and so we might reach the target sooner if we use this pair.

The correction is happening every time BTC creates a new ATH which means correction is good for Bitcoin price to go up Grin

This time, I am noticing that the correction is not that sharp like what happened in 2021 or 2017. I hope the price reaches that point before this year ends when converted in INR shows 1Cr. I am guessing that we might see another big push in the price of Bitcoin before Christmas at that time it might go beyond the last ATH of $108,135.

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Quote from: pakhitheboss on December 16, 2024, 10:51:00 AM

It is a small update! As of today and according to IST 21:18 the price of Bitcoin in INR is:

snip

Only 10 Lac more we need and Bitcoin price for the first time in INR will be 1 Cr. It will be an Indian event to for all of the Indian community active here.

Although we are seeing a correction currently but I believe we will hit the 1 Cr target soon.
My personal analysis was that bitcoin will hit at least $120k in this bull cycle and as per USD INR rate it will take arond $118k to reach 1Cr price.
Also, when trading P2P there's always a premium for USDT when paired with INR and so we might reach the target sooner if we use this pair.

pakhitheboss

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It is a small update! As of today and according to IST 21:18 the price of Bitcoin in INR is:

Only 10 Lac more we need and Bitcoin price for the first time in INR will be 1 Cr. It will be an Indian event to for all of the Indian community active here.

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So anyway, I applied as a merit source :)

Quote from: pakhitheboss on December 15, 2024, 08:10:38 AM

Quote from: pawanjain on December 15, 2024, 02:15:33 AM

avikz will be celebrating his forum decade anniversary next year and then the year after that it's gonna be me and TheUltraElite Grin

Oh, WOW! Some of the best active old timers will be celebrating a decade of actively engaged on the local board and within the forum. This does call for celebration and I think there should be a dedicated thread for those members who have been active here for 10 years or more. I will come up with the thread title and on that thread I will highlight some of the best replies and topics created by those members. What so you think ?

At this point anything new on this section is a ray of sunshine.

Who knows maybe in the next two years we will be able to each 1Cr/BTC and then we will look back at how the government had treated bitcoin in the last few years. Whether we went back in technology or went forward with it.

Lets make sure to keep the section active while we are at it.

Topic: Will Bitcoin reach 1 CR before the year ends? (Read 485 times)