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Economy => Speculation => Topic started by: MidNite36 on January 14, 2022, 06:45:53 PM



Title: Do people overestimate BTC?
Post by: MidNite36 on January 14, 2022, 06:45:53 PM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible


Title: Re: Do people overestimate BTC?
Post by: Yaunfitda on January 14, 2022, 07:09:13 PM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible
Still early to say, but here is my opinion that I've been saying since last month. If bitcoin failed to break $50k at the end of the year then we will be on a bear market this 2022.

And so far this is happening, the price is just $42k and the supposedly 6 digits didn't happen. I guess we can't blame those who believed it is achievable because it really did have a good run in 2021 and we even reach 2x an all time high. But it turn out that December is one of the worst at the price goes down ward in spiral and up to know we haven't bounce back. So for now forget about $100k.


Title: Re: Do people overestimate BTC?
Post by: VRExpress on January 14, 2022, 07:46:22 PM
Would have been a different story if BTC hits 50k into 2022, I followed many experts in 2021 and while ending into 2022 they all changed their words, no one expected things to get harder for BTC at the year ending many expected a bigger rally but it never happened, crypto is pretty hard to predict some times


Title: Re: Do people overestimate BTC?
Post by: magneto on January 14, 2022, 10:35:39 PM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible

I think that it is deserved simply because it has the most liquidity out of all the coins still and it is the most widely adopted.

It's not necessarily the technology that makes BTC valuable, but its time proven efficacy in holding its value.

ETH is definitely undervalued relative to BTC though, I feel, since most of the new innovation is happening on the ETH chain rather than BTC.


Title: Re: Do people overestimate BTC?
Post by: Yogee on January 14, 2022, 10:44:07 PM
$100K per BTC is inevitable but many speculators miscalculated on the time it will happen. People have speculated early last year that it will happen before 2021 ends but we already know it didn't. Things are not looking that good and you should probably expect a new support around $30K to $32K if it cannot hold $40K or cannot break $45K. We're in a consolidation phase and it looks like no new money is coming in yet.


Title: Re: Do people overestimate BTC?
Post by: Distinctin on January 14, 2022, 10:55:03 PM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible
When there's no hype anymore no one would talk about the price, some may panic when the market turns bearish, but that's a normal thing as it's part of the crypto cycle. A person who do his research would understand that,  and instead of panicking, he will take it as an opportunity for accumulation.


Title: Re: Do people overestimate BTC?
Post by: tabas on January 14, 2022, 10:56:13 PM
Now that we are in 2022 is 100k per BTC still possible?
Yes.
It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible
We still do and that speculation is still alive. It's not the impossible to see bitcoin $100k just look back to the past years where it's impossible to see bitcoin at its lowest with the price of $40k. But we're seeing it right now and that's the comparison of the impossible that you're telling us.


Title: Re: Do people overestimate BTC?
Post by: FatFork on January 14, 2022, 10:59:44 PM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible

What do you mean by 'unless BTC do the impossible'?

Yes, I believe 100k is still on the table, if not this year, then next year. We don't necessarily have to reach 100k by the end of this year, as long as we are on the right track. I don't understand why people are so obsessed with the price of bitcoin, what we should be focused on is the actual adoption.


Title: Re: Do people overestimate BTC?
Post by: shinratensei_ on January 14, 2022, 11:21:53 PM
Now that we are in 2022 is 100k per BTC still possible?
Yes it is and why not? If you're also saying is 30k or even lower than it still possible? the answer will always it's still possible. You're in a volatile market. Bitcoin can even achieve 100k easily if there was a big pump on it. I should remind you that if bitcoin was doing so many rebounds and it can jump easily as long as there will be FOMO on bitcoin.

It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible
So many people are still talking about the price of bitcoin and you should go to the another section and this section is dedicated to altcoins.if you wanna talk about the bitcoin price speculation and you should go to the speculation section of bitcoin. that will give you a bunch of speculation threads about bitcoin. I personally interested with altcoins even more than bitcoin. that's why im not going there.


Title: Re: Do people overestimate BTC?
Post by: chaser15 on January 14, 2022, 11:42:12 PM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible

It's possible but why hope for a $100,000 price this 2022? Is it really necessary for BTC price to move on that price level this year?

Just go with the flow so you won't stress yourself.

While waiting for that dream price of yours, why not take the current situation as a good buying point. Once Bitcoin price reached $100,000, I doubt you can still have a chance to see Bitcoin price at $40,000 level, not even at $50,000.


Title: Re: Do people overestimate BTC?
Post by: 3la9l_kolbaCa on January 14, 2022, 11:55:17 PM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible

It sounds funny to think about $100k right now, maybe people learned a lot about what had happened of btc price lastly. They're more fanatic of it, but overestimating the situation depends on how it works with the bullish trend. Everytime there's a huge pump, I believed people only ride with the trending movement and not exactly how they value the future market outbreak.


Title: Re: Do people overestimate BTC?
Post by: TimeTeller on January 15, 2022, 12:05:41 AM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible

It sounds funny to think about $100k right now, maybe people learned a lot about what had happened of btc price lastly. They're more fanatic of it, but overestimating the situation depends on how it works with the bullish trend. Everytime there's a huge pump, I believed people only ride with the trending movement and not exactly how they value the future market outbreak.

Maybe, people are more realistic now on looking at things.
Yes, 100k is possible but it will not be happening anytime soon.
So right now, most are just looking at the possible prices of btc more on short-term basis.
And also, maybe a lot also figured out that there's no point of predicting the btc price at a higher rate if you based on the current market situation.


Title: Re: Do people overestimate BTC?
Post by: sulis sudibyo on January 15, 2022, 12:22:14 AM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible

nothing is overestimate, until now bitcoin is up to everyone's expectations. btc is growing and growing every day. and one thing you should know 100K for btc is still possible, sooner or later it will be achieved. although not this year, but I'm sure it will happen someday. for altcoins, I think the same as bitcoin. they have an equal chance of going up. the most important thing is the potential, as long as it has the potential any altcoin will grow very fast without waiting for the movement of bitcoin.


Title: Re: Do people overestimate BTC?
Post by: traderethereum on January 15, 2022, 01:01:04 AM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible
It is still possible for bitcoin to reach $100k in 2022 but we do not know how or when will it happen.
We all want to see the price start to increase again but it is not easy as we want because with the popularity of bitcoin now, the price will have more fluctuation and maybe we will hard to see the big pumps coming many times.
If you want to sell your bitcoin at $100k, you should hold your bitcoin and do not sell at a low price or because of panic.
There will be a time for bitcoin to start rising, which will amaze all people.


Title: Re: Do people overestimate BTC?
Post by: cabron on January 15, 2022, 02:08:43 AM

There was speculation of $1M per BTC too but this price may actually not be an overestimation when the price goes more than $100K already.  AS for now, we can say it's overestimated and it needs to take a plunge before going up again, or maybe BTC needs another halving before going to $100K. There is no assurance but it's certain that people are used already worldwide especially in Central and South America.  Hyper Bitcoinization is coming.


Title: Re: Do people overestimate BTC?
Post by: Strongkored on January 15, 2022, 04:36:26 AM
Would have been a different story if BTC hits 50k into 2022, I followed many experts in 2021 and while ending into 2022 they all changed their words, no one expected things to get harder for BTC at the year ending many expected a bigger rally but it never happened, crypto is pretty hard to predict some times
Experts can only predict based on charts, but the market that will determine the price in the end, which is why do not rely too much on expert statements even though he is quite famous because predictions are very likely to be wrong.

I don't think that people overestimate BTC, that's just hope in 2021 does not happen but as long as btc is still there and trading continues the price mentioned is very likely to be achieved only no one knows when it happens.


Title: Re: Do people overestimate BTC?
Post by: TheUltraElite on January 15, 2022, 05:12:47 AM
Now that we are in 2022 is 100k per BTC still possible?
What is the rush about? Let bitcoin grow organically and even if it takes a few more years, we reach than range and then cross it too, will somebody look back and question that why did that rise not happen a couple of years earlier? ::)

Quote
It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen?
I hate to break it, but I doubt you have been listening enough to hear people talking unless you are living under a rock. Even then, I dont watch much of what the social media does, but place orders and then go back to daily life. When bitcoin dropped to 39k for a few minutes my buy orders executed and now I am selling them at high prices.

Bottom line: Let people chatter, dont give them importance but make profit off the market cycle.


Quote
Also it seems like altcoins have no high chances again unless BTC do the impossible
Altcoins follow the movements of bitcoin usually. If you are blaming bitcoin for the bad times in altcoin, then it was your mistake to get into altcoins in the first place, something that I have tried to tell every newbie I come across.


Title: Re: Do people overestimate BTC?
Post by: Kkhair on January 15, 2022, 05:23:46 AM
why does everyone want 100k BTC price? if you only talk about the price without investing, it seems that there is no benefit.. what can be expected if this BTC goes up to 100k in 2022, isn't it at the current price that someone is still making a profit?
maybe op is one of the long term BTC holders?


Title: Re: Do people overestimate BTC?
Post by: Psynthax on January 15, 2022, 05:28:11 AM
Anything can happen in crypto and it doesn't matter whether that will be in short or long term. The bitcoin pump can occur anytime. Fighting for another higher bottom is a common thing and this process is totally needed to make bitcoin can grow even higher once its bullish trend will come agian soon. You must also see that if the all time chart of bitcoin is showing that bitcoin is able to did another break out.
We need to wait at least a few weeks from now to know where bitcoin will be going on. 100k was inevitable in crypto. Bitcoin can even reach more than it as long as FOMO will be coming back to the market.
Some altcoins over performed bitcoin last week. That doesn't mean altcoin can't increase when bitcoin was dipping


Title: Re: Do people overestimate BTC?
Post by: danherbias07 on January 15, 2022, 05:34:17 AM
To answer the title first, well it should also not be underestimated. It could go way beyond our imagination and it already happened a lot of times. Time will just tell when a bull run will happen again. It's not overestimating but a fact that it is one of the best assets right now in my opinion.
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible
It is possible. Anything can happen when it is Bitcoin that is on the line of discussion. $60k was already reached and it looks impossible for Bitcoin investors before to reach that number. And yes, altcoins are being affected by the market of it, without any bull run on it then there will be none for others. Maybe they are investing in stable coins right now waiting for the right moment to buy back.


Title: Re: Do people overestimate BTC?
Post by: CrossroadBTC on January 15, 2022, 06:11:14 AM
why does everyone want 100k BTC price? if you only talk about the price without investing, it seems that there is no benefit.. what can be expected if this BTC goes up to 100k in 2022, isn't it at the current price that someone is still making a profit?
maybe op is one of the long term BTC holders?
100k per BTC will change everything, imagine what ETH price would be if BTC gets to 100k yea that's what everyone wants and this will have a huge impact on all altcoins as well, last year no one believes that BTC can reach 60k and it happened, 100k per BTC will still happen at one point in time maybe in year 2025 or so


Title: Re: Do people overestimate BTC?
Post by: bonyaserg on January 15, 2022, 09:45:08 AM
Personally, my opinion about bitcoin would be that the bitcoin coin is always relevant in the cryptocurrency market. And just because the price dropped slightly at the start of the new year doesn’t mean that bitcoin will end. Now there is only a small decline, but after a while the Bitcoin coin will rise in price and break through the price of $ 100,000. So there is still more to come and we are in for great success for the holders of the Bitcoin coin.


Title: Re: Do people overestimate BTC?
Post by: kapalmabur on January 15, 2022, 09:55:48 AM
why does everyone want 100k BTC price? if you only talk about the price without investing, it seems that there is no benefit.. what can be expected if this BTC goes up to 100k in 2022, isn't it at the current price that someone is still making a profit?
maybe op is one of the long term BTC holders?
100k per BTC will change everything, imagine what ETH price would be if BTC gets to 100k yea that's what everyone wants and this will have a huge impact on all altcoins as well, last year no one believes that BTC can reach 60k and it happened, 100k per BTC will still happen at one point in time maybe in year 2025 or so
That's what crypto is like and we don't know what will happen in the future with Bitcoin,
every year Bitcoin has increased and it is not impossible that it will happen,
just keep following the developments and that's all we can do


Title: Re: Do people overestimate BTC?
Post by: tarable on January 15, 2022, 10:14:16 AM
too far if we are currently discussing the price of Bitcoin $100K. doesn't mean Bitcoin can't reach that price. if Bitcoin can reach $100K this year, what is the price of the top altcoins like Ethereum, Binance Coin to coins that are in the top 10 coinmarketcap?


Title: Re: Do people overestimate BTC?
Post by: makishart on January 15, 2022, 03:01:01 PM
Now that we are in 2022 is 100k per BTC still possible?
It's always possible, none knows what will be happening with it. Bitcoin can even reach 200k if the market was deciding it. You should remember that you're in crypto and anything is possible in cryptocurrency.
So many expert traders are expecting 100k price for bitcoin to happen this year.

It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen?
So many people are also actively talking about that. There are so many Bitcoin TA group in various platforms like discord and telegram. What you're saying didn't match with the fact.

Also it seems like altcoins have no high chances again unless BTC do the impossible
Why not? altcoins can do better than bitcoin. So many times various coins have been showing better performance than bitcoin. That's enough proof.


Title: Re: Do people overestimate BTC?
Post by: kojektea on January 15, 2022, 03:23:46 PM
In cryptocurrency the laws of supply and demand apply. Public interest is greater than the supply of bitcoin as a whole. Yes, actually the price of bitcoin also does not make sense because every year it always goes up. I guess we'll see the actual price of bitcoin when it's mined.


Title: Re: Do people overestimate BTC?
Post by: justdimin on January 15, 2022, 07:26:51 PM
100k per BTC will change everything, imagine what ETH price would be if BTC gets to 100k yea that's what everyone wants and this will have a huge impact on all altcoins as well, last year no one believes that BTC can reach 60k and it happened, 100k per BTC will still happen at one point in time maybe in year 2025 or so
That's what crypto is like and we don't know what will happen in the future with Bitcoin,
every year Bitcoin has increased and it is not impossible that it will happen,
just keep following the developments and that's all we can do
You just have to have faith. If you do not have faith towards bitcoin then you are not going to profit from it. In order to get richer, you need to accept the fact that A) It will take some time and B) It will be via crypto trust. If you have no trust on it then you are not investing into the right thing.

I would understand having no trust on doge or shiba because I do not trust them neither and some people do not and yet still invest because they may go up very high, but if you are investing into btc or eth then you need to see how much you can benefit from that. No other asset could give you the types of profit that crypto could give you, even bitcoin which is at the top. I hope that more and more people trust it, and adoption goes through the roof, that way we will be able to not only profit from having bitcoin but also be able to pay it.


Title: Re: Do people overestimate BTC?
Post by: zasad@ on January 15, 2022, 09:03:13 PM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible
The New York Fed, Pumping Out More than $9 Trillion in Bailouts Since September, Gets Market Advice from Giant Hedge Funds
https://wallstreetonparade.com/2020/10/the-new-york-fed-pumping-out-more-than-9-trillion-in-bailouts-since-september-gets-market-advice-from-giant-hedge-funds/
If dollars are printed at this rate, then it is not surprising that bitcoin can be worth $1 million. Bitcoins cannot be printed more than 21 million.


Title: Re: Do people overestimate BTC?
Post by: nurilham on January 15, 2022, 11:30:37 PM
The crypto market is unpredictable and I think it's too early to think like that. Many people talk about the market and get panicked as the market is going down. We know that the market is currently down and a lot of cryptos is falling, but we also have to believe that the crypto market will go up again. Nothing is impossible in the crypto world. Bitcoin price at 100k may not be possible this year, but it could happen next year. So believe it and don't be pessimistic, the crypto market is indeed going down and our job is to manage it well until the price recovers.


Title: Re: Do people overestimate BTC?
Post by: ahmia39 on January 15, 2022, 11:35:58 PM
too far if we are currently discussing the price of Bitcoin $100K. doesn't mean Bitcoin can't reach that price. if Bitcoin can reach $100K this year, what is the price of the top altcoins like Ethereum, Binance Coin to coins that are in the top 10 coinmarketcap?
The prices of Altcoins will also tend to improve if Bitcoin manages to reach such a high price this year, but it is always difficult for Bitcoin to achieve because now everyone's choice has varied so it's not just Bitcoin that is the choice.


Title: Re: Do people overestimate BTC?
Post by: bhooscream on January 15, 2022, 11:36:42 PM
Sometimes, I also think that some people overestimate or expect too high or much on Bitcoin. While on the other hand, the market doesn't meet so.
We actually cannot say at once that it is overestimating or not, because we exactly don't know what will happen in the future. Sometimes, we may see that the expectation may be fulfilled. We may see how much Bitcoin will be worth later. Will it be exactly reaching $100k or it is only an expectation?
This may happen if the positive trend of Bitcoin is still surrounding and rising up, without any FUD that influences so much. But in fact, every time Bitcoin has a chance to rise up, the FUD will be upcoming.


Title: Re: Do people overestimate BTC?
Post by: tarable on January 16, 2022, 10:08:47 AM
too far if we are currently discussing the price of Bitcoin $100K. doesn't mean Bitcoin can't reach that price. if Bitcoin can reach $100K this year, what is the price of the top altcoins like Ethereum, Binance Coin to coins that are in the top 10 coinmarketcap?
The prices of Altcoins will also tend to improve if Bitcoin manages to reach such a high price this year, but it is always difficult for Bitcoin to achieve because now everyone's choice has varied so it's not just Bitcoin that is the choice.
Bitcoin is a crypto asset that most people dream of. the birth of altcoins (alternative coins) aims to make people able to own digital assets because the cost of Bitcoin is quite expensive for the lower economic group. believe it or not, until now Bitcoin is still the choice of many people from the upper class to the lower economic circles.


Title: Re: Do people overestimate BTC?
Post by: lenovop-70 on January 16, 2022, 03:19:35 PM
Today Bitcoin is having a crucial period at $40K, and if it continues and it fails to reach $50K soon, I think this year will be Bearish until December like most experts said in various media. And it will be the same for Alts because the mother of all crypto trading is Bitcoin itself. I think what we need to do is never lose hope, no matter how hard it is.


Title: Re: Do people overestimate BTC?
Post by: Pffrt on January 16, 2022, 03:40:19 PM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible
BTC is getting $100k or not this year but the true fact is that the estimate isn't a vague one if you see how institutional investments are getting into the market. It's a matter of time only. It may be possible that $100k will be achievable by the next halving or right after the halving. That's not a huge time. We are very close to that, I mean one more halving cycle and boom.


Title: Re: Do people overestimate BTC?
Post by: Doell on January 16, 2022, 05:57:29 PM
bitcoin can hit the highest value any time but can't being predicted with exactly ,so nothing is impossible for bitcoin ! this year is still a pretty good start for bitcoin 40K average but we have to forget the past ! buy some altcoin that are mandatory if want hodl long terms ,we'll see in q2 later hoping that there will be a rally


Title: Re: Do people overestimate BTC?
Post by: Sirait on January 16, 2022, 06:17:08 PM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible
of course the price of bitcoin to $100k will come true but for now many don't really talk about it because it's not very useful to discuss. I'm trying hard to collect bitcoins from the income I earn in the real world because I believe in the future bitcoin price will break through $100k, that's for sure.


Title: Re: Do people overestimate BTC?
Post by: isaac_clarke22 on January 16, 2022, 06:23:00 PM
~
Starting this year, it could be. Who knows, OP? 100k is what everyone has dreamed of since last year and that is fine even if we don't manage to pull it off if it means to get away with any shitcoins in the altcoin sea.
It's not impossible, but it's not something to be focused on Bitcoin right now. Seemingly it has become lower than 50k since last year, but you know "just buy the dip".
I am not bothered if it isn't even going to reach 100k before I die, lmao.


Title: Re: Do people overestimate BTC?
Post by: Fredomago on January 16, 2022, 06:50:55 PM
bitcoin can hit the highest value any time but can't being predicted with exactly ,so nothing is impossible for bitcoin ! this year is still a pretty good start for bitcoin 40K average but we have to forget the past ! buy some altcoin that are mandatory if want hodl long terms ,we'll see in q2 later hoping that there will be a rally

Better to extend your projections. Maybe it can take another quarter or another year, but eventually it bounces back and rallies itself to reach another peak. We don't know or we don't have any accurate tools if when it will possibly happen. All we can do now is to work more to anticipate and to save those cheap assets that we can have.

It's more on your own capabilities to assess and pick the right project to hold, never to lose your faith

it will rise back and deliver decent benefits. ::) ;)


Title: Re: Do people overestimate BTC?
Post by: Vaskiy on January 16, 2022, 07:02:10 PM
The price of bitcoin reaching $100k is not into discussion for a long. This is all because of the prevailing market scenario. If it shows some form of bullish move, then people start talking of bitcoin to $100k and there follows altcoins. For now the bitcoin market is quite slow in growth, and something positive around the market will trigger its forward movement. Until then people will be murmuring $100k within themselves.


Title: Re: Do people overestimate BTC?
Post by: pealr12 on January 16, 2022, 07:03:12 PM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible

Anything can still happen this year, I don't know if btc will hit 100k as previously predicted but am sure soon btc will break that 40k wall to a new ath, it is just a matter of when,
As for btc being overestimated, I don't think that's the case since btc adoption is increasing on a daily basis, so I believe these analysts are making their prediction based on the overall adoption level which btc is right now, and if the trend keeps increasing there is nothing stopping btc from reaching the 100k goal and above.


Title: Re: Do people overestimate BTC?
Post by: tvplus006 on January 16, 2022, 07:07:26 PM
Now that we are in 2022 is 100k per BTC still possible?...

A year ago, few people believed that the price of BTC would reach 69k dollars, so do not think that the price of 100k will be unattainable in the coming year. It is possible that this will require a stronger correction, but the milestone of $100 thousand will definitely be conquered.


Title: Re: Do people overestimate BTC?
Post by: JayTrain on January 16, 2022, 07:11:04 PM
For me, bitcoin is 40 thousand.$ is already an achievement, the price of bitcoin is so unpredictable that the price of 100 thousand is quite real, it is a question of time.I think for such a price, we need good news or the adoption of bitcoin in developed countries as a form of payment.


Title: Re: Do people overestimate BTC?
Post by: ChrisPop on January 16, 2022, 07:38:54 PM
Zoom out, Bitcoin's price action looks quite healthy on the higher timeframes from a technical perspective. I suggest you create a clear mind image between short-term and long-term price action.
Bitcoin can raise 10-20% in a day. 100k is in the cards for 2022 if you ask me.


Title: Re: Do people overestimate BTC?
Post by: sana54210 on January 16, 2022, 07:44:22 PM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible
As we are not God, we cannot say what will be possible and what will be impossible; you need to be patient enough to find the exact market direction. If you are believing into the bright future of bitcoins then you must buy right now and keep buying at regular time frame so that you can enjoy all the rides of bitcoin.

I agree that altcoins may face hard time if bitcoin continues to correct more. That is the reason you should not invest big money in altcoins. Altcoins may be good only in short term and you must have booked altcoins by this time as only very few coins may rise here after and most other will dump regardless of bitcoin will fall or rise.


Title: Re: Do people overestimate BTC?
Post by: TheUltraElite on January 17, 2022, 05:44:35 AM
For me, bitcoin is 40 thousand.$ is already an achievement, the price of bitcoin is so unpredictable that the price of 100 thousand is quite real, it is a question of time.I think for such a price, we need good news or the adoption of bitcoin in developed countries as a form of payment.
If we see the long term trends then bitcoin has already multiplied its starting price by many times. Hence I take is that we are never really over-estimating its price. What can happen tomorrow is not known but rest assured, bitcoin is here to stay and possible do a large number of changes in the existing economy.

I don't think so, I've known cryptocurrencies since 2011 and at that time many people said that the price of bitcoin deserved a high price because it made all transactions easier, at that time there was a tweet saying that the price of bitcoin would reach $ 1 million in 10 years, unfortunately it unproven and will have to wait a little longer.
A million might be longshot to predict, but hoping to see the last all time high of 69k USD (<a sweet number ;D) once more would defenitely make the dreams of some traders come true and if the bulls are with us, we might cross 70k as well.

The point is that there needs to be an organic growth of price and not just overnight rise, because a sudden rise is bound to a sudden fall too but a gradual rise will see a gradual fall which can be corrected easily.


Title: Re: Do people overestimate BTC?
Post by: lienfaye on January 17, 2022, 05:54:49 AM
Now that we are in 2022 is 100k per BTC still possible?
Of course it is still possible. However we cant exactly predict when it will going to happen because the price is not showing any major improvement and there's no news that can affect the price to move upward.

what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible
As we know alts often follow the movement of Bitcoin hence if Bitcoin is declining, its already expected that alts are likely to move the same. The current situation is not unusual, just bear it and be firm to hold your coins. Bullish season will take place again so look forward to it.


Title: Re: Do people overestimate BTC?
Post by: bitterguy28 on January 17, 2022, 06:01:09 AM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible
There is no overestimation as long as we are not asking for specific time to happen , Like that 100k target? because that is a sure target but of course not in 2021 and never in 2022 , in 2023? who knows right?

we are here to invest and keep holding and that is what we need to trust and believe because the more we rush things is the more we are losing our chances .

For me, bitcoin is 40 thousand.$ is already an achievement, the price of bitcoin is so unpredictable that the price of 100 thousand is quite real, it is a question of time.I think for such a price, we need good news or the adoption of bitcoin in developed countries as a form of payment.
lol achievement is the 68k reached last year , and 40k is tha stable value for the year .


Title: Re: Do people overestimate BTC?
Post by: Benefactor on January 17, 2022, 06:34:36 AM
Bitcoin and you ought to go to the one more area and this segment is committed to altcoins. if you want to discuss the bitcoin value hypothesis and you ought to go to the theory part of bitcoin. that will provide you with a lot of theory strings about bitcoin. I surmise we can't fault the individuals who accepted it is feasible in light of the fact that it truly had a decent disagreement 2021 and we even reach 2x an untouched high.


Title: Re: Do people overestimate BTC?
Post by: Ngewex Yuk on January 17, 2022, 06:44:52 AM
When the bitcoin price can cross $20k again then I'm optimistic that soon from $20k it will reach $100k, unfortunately the market is red and stuck at $40k, but I'm optimistic that the price of $100k will be reached soon and of course it's not overestimate.


Title: Re: Do people overestimate BTC?
Post by: Refrumatrix on January 17, 2022, 07:43:20 AM
Crypto is time base so expectations that doesn't work today will eventually work some other time, what I've learned about crypto is investors are the ones that are always in haste, it's why we failed to be whales because we sell when we are in profits and never look back but unfortunately the coin gets bigger and better which would have been a life changing opportunity for us all, patience is needed if you want to change your life with crypto


Title: Re: Do people overestimate BTC?
Post by: Yamifoud on January 17, 2022, 07:48:03 AM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible
It was just fine, $100k is not possible at it can be achieved any time. In fact, we're that close to that during Bullrun.

Maybe, you just wonder how it could be possible considering the current situation, yeah, anyone can say that was impossible. But, as the demand of the market becomes unstoppable, that possibly brings to there, this year or by 2023? Who knows, the market is very unpredictable and we can neither underestimate it.


Title: Re: Do people overestimate BTC?
Post by: lovesmayfamilis on January 17, 2022, 07:57:58 AM
People are capricious, and many do not know how to wait. At the slightest drop, after buying a few bitcoins, they become frustrated, and even worse, their contribution also decreases. From here we see similar panic conversations.
But what to say to someone who has been holding bitcoins for a very long time? Could they one day agree that bitcoin would reach today's prices? I think many would also talk about the impossibility.
So just relax and don't hesitate. We will see many more surprises that Bitcoin will provide us with.


Title: Re: Do people overestimate BTC?
Post by: Jackl87 on January 17, 2022, 09:39:02 AM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible

Well at the moment we are in a phase of correction or even in a small bear market, before that we had almost 1 year of permanent growth so it's not really that surprising that, phases like the one we are experiencing now have to come sooner or later. During bear markets BTC is probably the coin that suffers the least from price drops in comparison to other projects. I own mostly small cap and new projects and my portfolio is down 90% in comparison to the beginning of May 2021. So i would say bitcoin is doing quite well in compared to that. Once another bull market begins i think that 100k for one BTC are not that far away.


Title: Re: Do people overestimate BTC?
Post by: livingfree on January 17, 2022, 11:52:36 AM
Bitcoin is at the price level of 42k and not far from the 100k price. A year is long time so it is very possible for bitcoin to reach the 100k price this year.
It's half way to $100k.

With its latest ATH, it's about 70% already and too close with the $100k of what we're waiting for.

But of course, it still depends on the number of bitcoin buyers, the more buyers, the greater the chance of reaching this 100k price.
That sounds don't look good to me. Well, it's better to say that the more demand, the higher price that it can be.


Title: Re: Do people overestimate BTC?
Post by: tarable on January 17, 2022, 09:06:15 PM
People are capricious, and many do not know how to wait. At the slightest drop, after buying a few bitcoins, they become frustrated, and even worse, their contribution also decreases. From here we see similar panic conversations.
But what to say to someone who has been holding bitcoins for a very long time? Could they one day agree that bitcoin would reach today's prices? I think many would also talk about the impossibility.
So just relax and don't hesitate. We will see many more surprises that Bitcoin will provide us with.
what you say I can say is a natural phenomenon that occurs, because people have feelings that are always changing, including crypto, which is a mixture of hope and risk.

in that context we must realize that it is a normal attitude. but only people who are brave and professional in taking risks have the opportunity to get what they want.

earlier this year the market was not in good shape and I believe that Bitcoin will be able to provide the best surprise once this phase is over.


Title: Re: Do people overestimate BTC?
Post by: batang_bitcoin on January 17, 2022, 11:45:20 PM
Crypto is time base so expectations that doesn't work today will eventually work some other time,
It's not time based but it's depending on its supply and demand. That's the whole thing in the crypto market, most of the projects got their own supplies and circulating supplies too.

what I've learned about crypto is investors are the ones that are always in haste, it's why we failed to be whales because we sell when we are in profits and never look back but unfortunately the coin gets bigger and better which would have been a life changing opportunity for us all, patience is needed if you want to change your life with crypto
It's everyone that's on the haste when the bull run is up. People are becoming greedy and they think that there's more to the bull and they hold until the bull's done and over.


Title: Re: Do people overestimate BTC?
Post by: Juse14 on January 18, 2022, 01:00:18 AM
There is nothing wrong with expecting BTC to hit 100K, nothing is impossible for that. When the number of bitcoin purchases soars, surely the price we want will happen, but here in the market, not everyone thinks the same. Even at the same time many of them panicked, and ended up selling their bitcoins.


Title: Re: Do people overestimate BTC?
Post by: Ngewex Yuk on January 18, 2022, 02:44:22 AM
Bitcoin is the first cryptocurrencies and if you look at it from many sides, there are already better cryptocurrencies than bitcoin, and of course many people overestimate bitcoin and always make a measure for the market, this is certainly difficult to change because bitcoin's position is too strong.


Title: Re: Do people overestimate BTC?
Post by: Williamm07 on January 18, 2022, 05:15:19 AM
Its not going to happen this year, we've been in bull season since December 2020 and you still want or expect BTC to reach 100k this year? Lower your expectations fellas bear is a necessity here, we need to go into another bear phase first which could take a long time before another bull season again


Title: Re: Do people overestimate BTC?
Post by: Smitty Werben Man Jensen on January 18, 2022, 08:11:59 AM
When it first appeared in the market, many people were optimistic that the future would be good and worth it, when I heard that bitcoin reached a price of $ 1000 in 2013 more and more people believed that the price of bitcoin would continue to skyrocket, and I think this is reasonable if people overestimate bitcoin over other cryptocurrencies.
It's true that this is normal and we can see that until now Bitcoin is still at the top,
besides that the development of Bitcoin from year to year continues to increase so I don't think we will be surprised anymore if it will increase later


Title: Re: Do people overestimate BTC?
Post by: bakasabo on January 18, 2022, 08:32:15 AM
There is a category of people, who equate Bitcoin to something illegal. No doubt that they overestimate the Bitcoin compared to fiat money flows as a payment for something illegal. For these people, Bitcoin is the only money criminals use for their deeds. As from their point of view, Bitcoin was created for criminals to make untraceable payments. When in reality, cash is still the most popular payment for crime deeds.


Title: Re: Do people overestimate BTC?
Post by: Gudhal Untu on January 18, 2022, 10:34:19 AM
I think so, as we know that currently there are more than 16k cryptocurrencies and there are already cryptos that are better in terms of speed or transaction fees, but unfortunately people always look to bitcoin so they are never interested in looking at other cryptos, for example is MATIC or Luna which proved to be more effective than bitcoin.


Title: Re: Do people overestimate BTC?
Post by: Yaunfitda on January 18, 2022, 01:04:35 PM
Reaching 100k price of bitcoin could be still possible to happen in this year if the market will not experience the bear season. Now the bitcoin price is stabilizing at 40k I guess this is a good sign that bitcoin will trying to recover let's just hope that in the next days we will see bitcoin reaching 50k maybe this price will triggering the altcoins to go up.
Let's just say put that in the shelve for now, for me there's no way that we are going to achieved $100k before we are already in the bear cycle already. This is just the beginning, it might be slow but maybe in March we will see the full blown bear market and it's going to be very difficult to all of us.

Nevertheless, if we just learn from the last bear market, that is to accumulate cheap bitcoins and solid altcoins and hold, then maybe we will get rich in the next 2-3 years. As I have said, it's a cycle, so everyone should be patience, just saying.


Title: Re: Do people overestimate BTC?
Post by: iv4n on January 18, 2022, 01:23:06 PM
Well, some people overestimate Bitcoin, and I am sure some underestimate Bitcoin! The fact is that Bitcoin achieved a lot in just a little over 10 years, and I think this is not the top, Bitcoin can grow a lot more! I guess we have good reasons to believe in Bitcoin's future, it's not that we overestimate the possibilities of Bitcoin, we simply believe in the technology behind it and that this technology can make some global changes!


Title: Re: Do people overestimate BTC?
Post by: Ararbermas on January 18, 2022, 01:28:18 PM
Yeah literally, for me probably most of them are noob, i mean those who don't know what are the advantages and disadvantages of bitcoin reason why all they can say were only negative sides. Well it's common to be honest that's why it's always recommended to accumulate knowledge first before entering, in order to prevent greediness and losses.. It's up to us indeed if we will gonna ride such trips around the internet, but of course if you're knowledgeable about bitcoin it's nonsense to be honest.
 Lol


Title: Re: Do people overestimate BTC?
Post by: Ryu_Ar1 on January 18, 2022, 01:39:51 PM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible
actually for $100k it's not impossible and even very easy to achieve.
but when you look at last month it's actually not wrong to expect it at the end of 2021, but indeed most people's expectations are too big and it seems as if it will happen in the near future.
on the other hand, I don't think it's too much of a problem, but it must be seen with our strength in holding and our expectations are not too high for this because it will definitely happen but it will take time


Title: Re: Do people overestimate BTC?
Post by: poodle63 on January 18, 2022, 04:27:11 PM
BTC reaching 100K is easy in the future, however currently the market is at fear, there are so many panic selling right at the moment causing the market hardly could break through the current resistance.
There are many analysts that said it’s gonna be bearish and even bullish, this could be bottom line in another rallies and bullruns. Although I think it's just that we are at the beginning of the usual market cycles.
Even if you think about it, the current price is the price that many of the cryptocurrencies holders had dreamed of and it has become realized with the latest market rally, i'm sure 100k is easy when the market
has finally entered the bullish phase again in the future, it’s all about the moment of the cycles repeating again. People should be patience because that needs the time and whale aware about this. So many impatience person already CL their money during the bearish trend.


Title: Re: Do people overestimate BTC?
Post by: wajik-tempe on January 18, 2022, 04:42:41 PM
Mainstream people prediction is always like that, when the bull market hits hard, they started to speculate bitcoin price will go 100k 150k and so on but when it goes to bear market, people who said it before just disappear don't know where and sometimes they changed their words and said bitcoin will crash even more and they already ready for buying at deeper price.


Title: Re: Do people overestimate BTC?
Post by: istiak2277 on January 18, 2022, 05:37:20 PM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible

There is no doubt that Bitcoin will break 100K.  However, it is not clear whether this will happen this year.  The crypto market has been in a bullish trend for over a year and a half.  Market sentiment says retail investors are now overconfident about market.  They have started buying bitcoin.  But bitcoin is unlikely to pump until the whales get these retail investors out of the market.  Even then it is crypto market and  anything can happen.


Title: Re: Do people overestimate BTC?
Post by: tarable on January 19, 2022, 04:08:27 AM
Bitcoin's current bottom price is $41k. may now be its saturation point, but there is no sign the market will return to a positive trend, for those who buy altcoins during this bitcoin market, it may be possible to take short-term profits to avoid an impending downturn.
and Bitcoin will hit its highest price this year and that's a surprise to come. lucky those who take advantage of the condition that the price of Bitcoin is experiencing a decline because when the price of Bitcoin drops, other potential altcoins also decrease in price.


Title: Re: Do people overestimate BTC?
Post by: lizarder on January 19, 2022, 06:34:57 AM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible
I can say it's possible, but not in the near future, bitcoin should be able to recover the current correction, this will be the first focal point, otherwise it will be very difficult to reach the price, market sentiment is still continuing until now, so it is very difficult for bitcoin to get back on track green in the near future, if this condition does not recover, then altcoins will also have an effect and experience a sharp decline, although not all altcoins follow the trend.


Title: Re: Do people overestimate BTC?
Post by: tarable on January 19, 2022, 06:37:34 AM
and Bitcoin will hit its highest price this year and that's a surprise to come. lucky those who take advantage of the condition that the price of Bitcoin is experiencing a decline because when the price of Bitcoin drops, other potential altcoins also decrease in price.
It's still not completely confirmed on this as the market is still not showing signs of recovery, so that kind of expectation is likely to last longer this year as Bitcoin's price is now almost half of the ATH price that Bitcoin hit last year.
Until now, market conditions have not moved to recover or increase since the end of last year and this is still at the beginning of the year which has plenty of time to wait for Bitcoin prices to increase. when Bitcoin increases, other altcoins will also rise and the market will be said to have "recovered".


Title: Re: Do people overestimate BTC?
Post by: MarjorieZimmermanGinger on January 19, 2022, 07:14:27 AM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible
it is difficult for bitcoin to reach its lowest price now, the correction phase has not fully recovered, but if you pay attention it is impossible for bitcoin to be at a price of 100 thousand, bitcoin's journey in previous years has experienced a good increase, although in the short term bitcoin continues to be corrected, but look at the journey from the beginning until now, whether bitcoin experienced a decline or even progressed, and I still believe bitcoin will experience a high price spike in the future.


Title: Re: Do people overestimate BTC?
Post by: Abiky on January 20, 2022, 01:35:11 AM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible

Yes it's still possible. But I don't think it'll happen this year, simply because the market's on a bearish trend. For BTC to reach $100k, it needs to cross the latest ATH of nearly $68k per coin. I'd estimate this to happen after the next halving, based on BTC's past performance on the market. Altcoins are highly-dependent on Bitcoin, so they won't reach new heights unless BTC "says so". Of course, there are always exceptions to this rule. Coins with a lot of hype (like Dogecoin and SHIBA INU) might go sky high without Bitcoin. But that's rarity these days, since the whole market revolves around the original cryptocurrency (BTC).

I'd advise you to keep "hodling" BTC and top altcoins like Ethereum, BNB, and Avalanche until the time is right to sell. Sooner or later, prices will explode leaving you with a lot of money in your pocket. Ultimately, it's all about utility. As long as cryptocurrencies are useful, nothing else matters. Just my opinion :)


Title: Re: Do people overestimate BTC?
Post by: pushups44 on January 20, 2022, 02:06:12 AM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible

This is all about the Fed tightening monetary policy, which has put a damper on crypto prices. However, sooner or later interest rate hikes will be priced in, and history tells us the Fed will reverse policy eventually - perhaps even quickly after. So it seems some more sideways movement is likely until the Fed changes course. In the meantime, this could be a great time to accumulate.


Title: Re: Do people overestimate BTC?
Post by: ahmia39 on January 20, 2022, 02:23:18 AM
Bitcoin is a crypto asset that most people dream of. the birth of altcoins (alternative coins) aims to make people able to own digital assets because the cost of Bitcoin is quite expensive for the lower economic group. believe it or not, until now Bitcoin is still the choice of many people from the upper class to the lower economic circles.
That's in the past, but for now there are several Bitcoin Blockchain networks that can be used by everyone at a very low cost and this is also almost the same as Ethereum which has been supported by some very good networks such as BEP20, SOLANA, HECO, TOMOCHAIN and some others with different amount of transaction fees.

Likewise with the existing network on Bitcoin mate, you can choose it yourself to adjust the gas transaction fees which are cheaper because in Bitcoin there are also several very good and very cheap and also very fast networks, here is the proof.



Title: Re: Do people overestimate BTC?
Post by: MarjorieZimmermanGinger on January 20, 2022, 06:28:09 AM
do people overestimate bitcoin, they just say what has happened, they say based on experience, even if someone says that this year bitcoin will break the 100k price, it's not exaggerating but it's a hope, now bitcoin price is in the 40k range still It's not bad, maybe in the middle of 2022 the price can reach 60k.. amen.
People make predictions based on bitcoin's experience in the past, the experience that people know will not always be true, considering crypto in a day can change, but for bitcoin price it is unlikely that it will be much different from the price in 2021, because today's journey will follow the bitcoin trend in the previous month, if the correction can be reversed immediately, it is possible that bitcoin will reach a new ATH, I believe this will happen in May and above.


Title: Re: Do people overestimate BTC?
Post by: Lordshiva on January 20, 2022, 06:38:44 AM
do people overestimate bitcoin, they just say what has happened, they say based on experience, even if someone says that this year bitcoin will break the 100k price, it's not exaggerating but it's a hope, now bitcoin price is in the 40k range still It's not bad, maybe in the middle of 2022 the price can reach 60k.. amen.
People make predictions based on bitcoin's experience in the past, the experience that people know will not always be true, considering crypto in a day can change, but for bitcoin price it is unlikely that it will be much different from the price in 2021, because today's journey will follow the bitcoin trend in the previous month, if the correction can be reversed immediately, it is possible that bitcoin will reach a new ATH, I believe this will happen in May and above.
Yes people make predictions based on their years of experience in bitcoin. I have been watching bitcoin growth since 2017.in these 5 years there has been ups downs but what I experienced that finally bitcoin has only grown.
Specially in 2021 bitcoin price has increased even more that what people expected. And this year we may see bitcoin even breaking previous records.


Title: Re: Do people overestimate BTC?
Post by: Shasha80 on January 20, 2022, 07:05:21 AM
do people overestimate bitcoin, they just say what has happened, they say based on experience, even if someone says that this year bitcoin will break the 100k price, it's not exaggerating but it's a hope, now bitcoin price is in the 40k range still It's not bad, maybe in the middle of 2022 the price can reach 60k.. amen.
People make predictions based on bitcoin's experience in the past, the experience that people know will not always be true, considering crypto in a day can change, but for bitcoin price it is unlikely that it will be much different from the price in 2021, because today's journey will follow the bitcoin trend in the previous month, if the correction can be reversed immediately, it is possible that bitcoin will reach a new ATH, I believe this will happen in May and above.
Yes people make predictions based on their years of experience in bitcoin. I have been watching bitcoin growth since 2017.in these 5 years there has been ups downs but what I experienced that finally bitcoin has only grown.
Specially in 2021 bitcoin price has increased even more that what people expected. And this year we may see bitcoin even breaking previous records.

We do need to look at the history of Bitcoin movement to be able to know the pattern of Bitcoin movement, so we can predict where the direction of
the movement of Bitcoin. But actually there are other factors to consider when predicting the price of Bitcoin, like good or bad news circulating
about Bitcoin, it can usually have an effect on the movement of Bitcoin. So it is not easy to predict Bitcoin price movements, even Bitcoin often moves
in a direction that is not according to our predictions. Therefore, in addition to predicting the price of Bitcoin, we also need to plan well when investing
in Bitcoin, in order to make the right decisions. Seeing the price of Bitcoin which has increased in 2021 beyond the expectations of many people,
hopefully it will happen again this year. Therefore, start accumulating the Bitcoins that we have, so that when the price of Bitcoin pumps, we can enjoy
a fairly large profit.


Title: Re: Do people overestimate BTC?
Post by: tarable on January 20, 2022, 08:53:49 AM
There is still a good chance that Bitcoin (BTC) and Bitcoin (BTC) will hit a new ATH this year after the last time it happened last year. Bitcoin (BTC) is at 40K and is trying to get past 50K. If Bitcoin (BTC) is able to hit 50K, then I'm sure something will happen.
Still have to be patient to see Bitcoin at $50K again this year because if Bitcoin can be at $50K again this year then market conditions will look bullish on some Altcoins such as Ethereum, BNB and Solana and a few others as well
Patience must be prioritized because for me Bitcoin (BTC) will be able to reach that price this year. if Bitcoin has reached the price of $50K, of course other potential coins such as Ethereum, Binance Coin and other altcoins will definitely increase as well. that's the great thing about Bitcoin (BTC) being able to have a positive influence.


Title: Re: Do people overestimate BTC?
Post by: maartenhaha on January 20, 2022, 04:05:58 PM
Patience must be prioritized because for me Bitcoin (BTC) will be able to reach that price this year. if Bitcoin has reached the price of $50K, of course other potential coins such as Ethereum, Binance Coin and other altcoins will definitely increase as well. that's the great thing about Bitcoin (BTC) being able to have a positive influence.
That's the reason it's worth holding the top 5 long-term altcoins because it will impact the positive trend of bitcoin, but currently the market is in a bearish trend so it takes time to buy altcoins in February to determine the actual market direction.


Title: Re: Do people overestimate BTC?
Post by: Mauser on January 20, 2022, 04:16:01 PM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible

The bitcoin price might be hurting a little buy in my opinion the overall positive trend is not broken. Investors still like bitcoins, because if everybody would like to go for other crypto projects we would be at a price of 3,000 or 10,000 USD again. It remains to be seen what will happen if we go below the 30,000 USD. I expect that eventually we will see a lot of new investors who were scared to buy bitcoins at the high levels last year, to start buying into the market. At one point all the sellers have got rid of their coins and then prices can rise again. 100,000 USD for bitcoins is still a realistic goal for me.


Title: Re: Do people overestimate BTC?
Post by: Cling18 on January 20, 2022, 04:35:34 PM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also, it seems like altcoins have no high chances again unless BTC do the impossible

That price is still possible because if we could look back at the history of Bitcoin, we could notice how it could surprise us with its development. It might be in its bearish condition but I'm sure that it could strike higher this year. It might take time for it to reach 100k but after more adoptions, I'm sure that it could hit that value.


Title: Re: Do people overestimate BTC?
Post by: sirminesalot on January 20, 2022, 05:05:00 PM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also, it seems like altcoins have no high chances again unless BTC do the impossible

That price is still possible because if we could look back at the history of Bitcoin, we could notice how it could surprise us with its development. It might be in its bearish condition but I'm sure that it could strike higher this year. It might take time for it to reach 100k but after more adoptions, I'm sure that it could hit that value.

Even if we look at the price history, that price target won't happen this year because there will be a bear years right after the all time high year, moreover last year we have reached 2 times all time high and probably this year is not gonna good for crypto. But anything could happen and ofcourse we hope for the best as an investors, don't just put too high expectation for the crypto market so we could aware for any drops


Title: Re: Do people overestimate BTC?
Post by: super bako on January 20, 2022, 05:22:16 PM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible

The bitcoin price might be hurting a little buy in my opinion the overall positive trend is not broken. Investors still like bitcoins, because if everybody would like to go for other crypto projects we would be at a price of 3,000 or 10,000 USD again. It remains to be seen what will happen if we go below the 30,000 USD. I expect that eventually we will see a lot of new investors who were scared to buy bitcoins at the high levels last year, to start buying into the market. At one point all the sellers have got rid of their coins and then prices can rise again. 100,000 USD for bitcoins is still a realistic goal for me.
I am waiting for the bears to play, and certainly will come in the future, we will see this bitcoin will free fall very deep to below 30,000 $ before breaking the meteoric price to come 100,000 $, this is just my opinion from a search for world economic data on google. not inviting, it all depends on each other's rights.?


Title: Re: Do people overestimate BTC?
Post by: Alanaz on January 20, 2022, 05:29:07 PM
Patience must be prioritized because for me Bitcoin (BTC) will be able to reach that price this year. if Bitcoin has reached the price of $50K, of course other potential coins such as Ethereum, Binance Coin and other altcoins will definitely increase as well. that's the great thing about Bitcoin (BTC) being able to have a positive influence.
That's the reason it's worth holding the top 5 long-term altcoins because it will impact the positive trend of bitcoin, but currently the market is in a bearish trend so it takes time to buy altcoins in February to determine the actual market direction.
when you say for the long term why worry about the current bearish.
The long term is not just one or two months, friends because it is bearish and bullish for sure and of course this will not affect your long term plan.
focus on your initial plan about the long term plan because when you say long term and worry about bearish today it will only make you unsure of your choice


Title: Re: Do people overestimate BTC?
Post by: pushups44 on January 21, 2022, 02:03:32 AM
I am waiting for the bears to play, and certainly will come in the future, we will see this bitcoin will free fall very deep to below 30,000 $ before breaking the meteoric price to come 100,000 $, this is just my opinion from a search for world economic data on google. not inviting, it all depends on each other's rights.?

If bitcoin falls below $30,000, that will become a very attractive price point for newbies to enter the market as well as for whales and other holders to accumulate. I don't see bitcoin going below $30,000, but I suppose it's possible. A fall to below $30,000 would confirm we are in a crypto winter or bear market from a technical standpoint. While pessimism would be rife, it would present a massive long-term opportunity for buyers (as altcoins follow bitcoin, the better ones would follow this general trend).


Title: Re: Do people overestimate BTC?
Post by: Mpamaegbu on January 21, 2022, 06:28:41 AM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible
I believe the major reason people aren't talking about the $100k price projection for Bitcoin this 2022 is because the feelings is that this year is an expected bear year for Bitcoin. If it's a bear year, there's no way it would go pass its recent ATH which is $69,044.77 (according to Coingecko data). For me, I don't know if this year will turn completely bearish for Bitcoin. However, my conviction is that this first quarters will remain bearish for Bitcoin while alts find their mojo and make some people millionaires. As of today, Bitcoin is trading around $38k and that shows it has broken that major support at $40,460. If it closes around the $38k or below today that could mean a downward slope for Bitcoin has begun.


Title: Re: Do people overestimate BTC?
Post by: asus09 on January 21, 2022, 07:55:00 AM
When the value of bitcoin goes back down and I think the bear market we have been living for this year, if this does happen we can only wait for the next few years the value of bitcoin can increase again, because this we have often seen in the previous year because it takes time to be able to return to the highest lift as happened in 2021, But to go down to 100k perbitcoin is very difficult with the value that is already owned at 30-40k, especially the current interest is much greater compared to last season.
although waiting is a tedious job, but if there is a price decline, waiting is definitely the only way to be able to overcome the problems that come, because the price of bitcoin will not be possible to go down to the lowest price, if we are faithful to wait one day it will surely come. sweet fruit, don't forget to have breakfast so you can resist the temptation that comes.


Title: Re: Do people overestimate BTC?
Post by: gamer4156 on January 21, 2022, 08:51:48 AM
They are more aficionado of it, however misjudging the circumstance relies upon how it functions with the bullish pattern. I think equivalent to bitcoin. they have an equivalent shot at going up. the main thing is the potential, as long as it has the potential any altcoin will become extremely quick without hanging tight for the development of bitcoin.


Title: Re: Do people overestimate BTC?
Post by: jeungo on January 21, 2022, 09:12:33 AM
It must be understood that there is a clear relationship between some factors. For whales, cryptocurrency is a way to transfer huge amounts of money around the global economy. And we are just shells stuck to whales. As soon as all the necessary actions are completed, the whales will again go into dollars or gold, or other resources or shares. And we'll go to the bottom. The most correct understanding is that 100,000 thousand small holders will not hold the course if the custodian funds start selling and receiving real money.


Title: Re: Do people overestimate BTC?
Post by: TelolettOm on January 21, 2022, 09:24:25 AM
Sometimes, yes. It is like some people are struggling to pump BTC price to reach very high rate as they expect and also fill the high expectation of $100k that is until now, the price cannot be still fulfilled. Many still predict and believe about in this bullish season, Bitcoin will exactly pass $100k, that is why we need to hold and hold. But once more, that is only a prediction. If we are going to hold BTC for the long term, just do it, but I don't think it needs very high expectations to reach a certain rate at this period.

If bitcoin falls below $30,000, that will become a very attractive price point for newbies to enter the market as well as for whales and other holders to accumulate. I don't see bitcoin going below $30,000, but I suppose it's possible.
It is probably possible, moreover, if the price of Bitcoin really touches $30k, it means that it really hits the bottom line, so this will decide whether the price can really keep go down or will be the starting point to jump u again. If we are following FUD news or group, they will say the market will be bearish soon. But if we are following the positive group, most of them will believe that the price of BTC will be rising quickly to touch $100k.


Title: Re: Do people overestimate BTC?
Post by: ahmia39 on January 21, 2022, 12:25:05 PM
That's the reason it's worth holding the top 5 long-term altcoins because it will impact the positive trend of bitcoin, but currently the market is in a bearish trend so it takes time to buy altcoins in February to determine the actual market direction.
In my personal prediction for February, market conditions will still be the same as this month and even if there is a difference, it will only be in a very small size so buying for now is still better than having to wait again next month.


Title: Re: Do people overestimate BTC?
Post by: trauchot on January 21, 2022, 12:33:32 PM
BTC is the most popular cryptocurrency and I am sure that in the future the price of BTC will only grow, but I don’t think that in 2022 we will see BTC pump, most likely a bearish trend has begun and this bearish trend can last for several months or several years and therefore we should not count on the fact that a new growth of the cryptocurrency market will begin soon, and so I am sure that BTC will be able to reach 100k$, but it will just take some time, so I invested in BTC and I am waiting when will be another growth of the cryptocurrency market and new BTC pump.


Title: Re: Do people overestimate BTC?
Post by: slaman29 on January 21, 2022, 01:16:36 PM
The bitcoin price might be hurting a little buy in my opinion the overall positive trend is not broken. Investors still like bitcoins, because if everybody would like to go for other crypto projects we would be at a price of 3,000 or 10,000 USD again. It remains to be seen what will happen if we go below the 30,000 USD. I expect that eventually we will see a lot of new investors who were scared to buy bitcoins at the high levels last year, to start buying into the market. At one point all the sellers have got rid of their coins and then prices can rise again. 100,000 USD for bitcoins is still a realistic goal for me.

I guess I would agree, but it's really hard to see how we can still think Bitcoin price will improve this next few weeks and months when the short term outlook is bad. Last week was the lowest Fear index we've seen since March 2020, and that usually means people want to sell more and aren't done yet.

Sure, long term overall positive still good but just how long we have to put up with pain and hurt is the issue now for most people.


Title: Re: Do people overestimate BTC?
Post by: marilynmanson21 on January 21, 2022, 01:17:44 PM
I think everyone can expect all the fantastic value from bitcoin, which is 100k$, but the reality is it is difficult for bitcoin to penetrate that price at this time, here I see no one is exaggerating bitcoin but everyone is talking about where the value of bitcoin must be to 100k$ later, and that hope for all bitcoin owners


Title: Re: Do people overestimate BTC?
Post by: Natalim on January 21, 2022, 01:18:33 PM
That's the reason it's worth holding the top 5 long-term altcoins because it will impact the positive trend of bitcoin, but currently the market is in a bearish trend so it takes time to buy altcoins in February to determine the actual market direction.
In my personal prediction for February, market conditions will still be the same as this month and even if there is a difference, it will only be in a very small size so buying for now is still better than having to wait again next month.

Looks like the 1st month of the year is a bearish month. The fear of some is already here, bitcoin dumped below $40k and we don't know if it will continue to dump, if the market is bearish, then most likely the trend will continue as there will be a correction after a bull run we enjoyed. Keep that patience, buy the dip and hold when the market is not good, besides, these are just temporary.


Title: Re: Do people overestimate BTC?
Post by: panukurap on January 21, 2022, 01:26:07 PM
t's still early 2022 so it's still too early to talk about this. I think Bitcoin will experience a rise in the middle or the end of the year. No one knows what the market will be like, I'm just arguing here, especially with the price of Bitcoin touching this number, it's very difficult to predict. Even professional traders can't predict the market, crypto is a riddle and we must be able to answer it in order to find what we are aiming for.


Title: Re: Do people overestimate BTC?
Post by: GatotKaca on January 21, 2022, 01:43:35 PM
t's still early 2022 so it's still too early to talk about this. I think Bitcoin will experience a rise in the middle or the end of the year. No one knows what the market will be like, I'm just arguing here, especially with the price of Bitcoin touching this number, it's very difficult to predict. Even professional traders can't predict the market, crypto is a riddle and we must be able to answer it in order to find what we are aiming for.
how do we answer the riddle?
which I understand while in the crypto market. no one overestimates BTC. Market movements are unpredictable. but we must know, BTC and other crypto assets grow based on the trust of the community. its value grows based on market interest and growth.
what is the initial price of BTC launched and tradable on the exchange? and how much does it cost now? nobody knew this was happening, and I don't think there's an overestimation here.


Title: Re: Do people overestimate BTC?
Post by: justdimin on January 21, 2022, 08:48:41 PM
t's still early 2022 so it's still too early to talk about this. I think Bitcoin will experience a rise in the middle or the end of the year. No one knows what the market will be like, I'm just arguing here, especially with the price of Bitcoin touching this number, it's very difficult to predict. Even professional traders can't predict the market, crypto is a riddle and we must be able to answer it in order to find what we are aiming for.
how do we answer the riddle?
which I understand while in the crypto market. no one overestimates BTC. Market movements are unpredictable. but we must know, BTC and other crypto assets grow based on the trust of the community. its value grows based on market interest and growth.
what is the initial price of BTC launched and tradable on the exchange? and how much does it cost now? nobody knew this was happening, and I don't think there's an overestimation here.
On top of all that, people can't really "overestimate" it as a general public. We are the ones that decide on the price of it, we literally buy and sell it, when we all think it should be high then we all buy and it goes up, if we think it should worth less then we sell and it goes down in price.

So, basically whatever we decide it should be, becomes the new price and that is what public generally thinks about it. It could be overestimated by "some" people, but not generally, because we decide the price with our own money and that is how we make a profit or lose money. Overestimation of bitcoin could technically never happen when you consider how the market works.


Title: Re: Do people overestimate BTC?
Post by: Alanaz on January 21, 2022, 09:04:33 PM
I think so, people overestimate bitcoin, in the market today there are almost 17k coins and tokens but people always talk about bitcoin, I believe that bitcoin will soon be replaced so that it will make competition in the market even tougher.
I think both of them will happen this year ;D We have seen a significant decline and many even say that it is currently in a bearish phase but on the other hand it is only a week in 2022 which means there are still 11 months left for 2022 so it's still enough long time to see bitcoin move.
whatever will happen I think this year will definitely be better than 2021 and maybe even this year we can see bitcoin $100k because it reflects from last year's decline which even reached $28k but bounced back to $60k - $70k. I think in the mirror from there the opportunity is still very wide open here


Title: Re: Do people overestimate BTC?
Post by: tarable on January 22, 2022, 11:33:35 AM
Patience must be prioritized because for me Bitcoin (BTC) will be able to reach that price this year. if Bitcoin has reached the price of $50K, of course other potential coins such as Ethereum, Binance Coin and other altcoins will definitely increase as well. that's the great thing about Bitcoin (BTC) being able to have a positive influence.
That's the reason it's worth holding the top 5 long-term altcoins because it will impact the positive trend of bitcoin, but currently the market is in a bearish trend so it takes time to buy altcoins in February to determine the actual market direction.
the market is in good shape to buy. look at the market today all altcoin prices are down by a high percentage ranging from Bitcoin, Ethereum, Binance Coin to other potential coins.
the positive trend will still be there, maybe the middle of the year.


Title: Re: Do people overestimate BTC?
Post by: ahmia39 on January 22, 2022, 01:50:50 PM
Looks like the 1st month of the year is a bearish month. The fear of some is already here, bitcoin dumped below $40k and we don't know if it will continue to dump, if the market is bearish, then most likely the trend will continue as there will be a correction after a bull run we enjoyed. Keep that patience, buy the dip and hold when the market is not good, besides, these are just temporary.
I also saw that this was only temporary and I am still holding onto my assets to this day because I also don't want to be in a loss just because I panicked and couldn't wait, even though in the past I have used money in the right direction, and that's for sure I wouldn't just throw it away either.


Title: Re: Do people overestimate BTC?
Post by: Emitdama on January 22, 2022, 09:40:41 PM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible
Yes, there are people that overestimate btc because they know what challenges btc have gone thru but there is also people that underestimates btc, these people think that btc cannot reach this xxxx amount anymore. Your in altcoin section so its normal that you do not see btc talks here but try to check out bitcoin discussion section regularly and you will say to your self that your wrong. Now that we are in a new year , the enthusiasm for btc to hit 100k got even more stronger.  Your wrong about your exception about altcoins, in fact some alts now are jumping while btc is falling. How much more when btc recovers?


Title: Re: Do people overestimate BTC?
Post by: Fredomago on January 22, 2022, 10:27:57 PM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible

it's all just expectations. And there's nothing wrong with them assuming 2x or 3x the current price. because yes it is possible. even the opposite is also expected to fall 2x or 3x from the current price because it is possible too. maybe nowadays people are more realistic with current prices.


It's an opinion and there's no problem with that, people who are optimistic are still buying even the price is dropping, most of them are taking these opportunities to store more coins, we don't know where the market is heading everything will be on your own perspectives. If you are not comfortable with what you are seeing right now, taking your cut-loss strategy may lessen the stress but if you are not afraid and you do believe that the market will bounce back, keep holding and forget about your investment for just a while.

Change in pace is very possible, Bitcoin behaviors are unpredicted we never know what's waiting in the near future.

It's all about your decision making when you are investing inside crypto in general..


Title: Re: Do people overestimate BTC?
Post by: uneng on January 22, 2022, 11:19:44 PM
On short run people really overestimate bitcoin, but on long run they are completely right, as we have seen since bitcoin was firstly launched. Adoption is constantly increasing and reaching to new levels every new year. That is a pretty good sign there is solidity and potential backing btc.

Actually, I must say you shouldn't be worried about people overestimating bitcoin, but with people underestimating it instead. Because this is the kind of negative influence which tries to persuade investors to exchange their bitcoins for random altcoins which they claim to be much superior in profitability, what we know isn't a good idea, since bitcoin drives the market and it is the safest bet to pick among all disponible cryptocurrencies.


Title: Re: Do people overestimate BTC?
Post by: Drnice on January 23, 2022, 04:56:31 PM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? 

Well, for me I will say the year is still fresh and this price range or correction Bitcoin is currently experiencing started from last year. Talking about the price of Bitcoin is not going to change what the market or the future of the market has in store. The price of Bitcoin will face an uptrend if reverse occurre from this correction, otherwise the market could be facing bloodbath and that will affect the entire market.

Quote
Also it seems like altcoins have no high chances again unless BTC do the impossible

The price of altcoins is always affected by bitcoin, either on an upward or downward price movement, this has been so over the years. I am well sure that new AHT for Bitcoin is still available for the year.


Title: Re: Do people overestimate BTC?
Post by: romero121 on January 24, 2022, 01:35:00 PM
People overestimate the market when they're new to the market. This means when they hear it from someone else and make their first entry into cryptocurrency. Here the over exaggeration sometimes make people think beyond the market potential. Here some have turned successful, some loss out of the miscalculation.

In my view these are just price predictions. Some use technical elements to analyse the market whereas the people who doesn't have much about the technical features just does the prediction in a random manner.


Title: Re: Do people overestimate BTC?
Post by: milewilda on January 24, 2022, 09:56:43 PM
There has been a lot of talk about this a few days ago and it was thought that we might enter a new bull market in early 2022 but the current situation is far from it. However, if we review the past and present of BTC, it is not so difficult for 100K rising. I think since BTC dropped below 40K the chances have increased a lot. Maybe this year we will be able to enter the big bull market.
We couldnt really have everything because even how high the price could be then expecting something on beyond prices then this cant happen immediately thats why getting fomo'ed kind of emotion is really very common on this market on where you do really believe that it would be a smooth sail ride without even thinking about corrections and dips of prices which did really happen recently.
Mind off about those random ups and down and take advantage with those movements and make out profits with it even though its hard but it could really be done.
It is really just a matter of own realistic perception towards this market whether you do deal with it or ignore simply.


Title: Re: Do people overestimate BTC?
Post by: Fredomago on January 25, 2022, 05:44:00 AM
There has been a lot of talk about this a few days ago and it was thought that we might enter a new bull market in early 2022 but the current situation is far from it. However, if we review the past and present of BTC, it is not so difficult for 100K rising. I think since BTC dropped below 40K the chances have increased a lot. Maybe this year we will be able to enter the big bull market.
We couldnt really have everything because even how high the price could be then expecting something on beyond prices then this cant happen immediately thats why getting fomo'ed kind of emotion is really very common on this market on where you do really believe that it would be a smooth sail ride without even thinking about corrections and dips of prices which did really happen recently.
Mind off about those random ups and down and take advantage with those movements and make out profits with it even though its hard but it could really be done.
It is really just a matter of own realistic perception towards this market whether you do deal with it or ignore simply.

Your knowledge beyond this market value that much. The action that you will going to take will reflect to the outcome of your investment. To those who believes that they can continue benefiting even with these corrections will buy and take their chance to profits, while with those who don't know what they are doing inside this market will suffer and lose their money.

You have to pick your side and learn to adjust to every situation that you are seeing around,

Choosing your path will drive your investment, if you know deeper the chance is better.. ::) ;)


Title: Re: Do people overestimate BTC?
Post by: dunfida on January 25, 2022, 08:53:29 PM
There has been a lot of talk about this a few days ago and it was thought that we might enter a new bull market in early 2022 but the current situation is far from it. However, if we review the past and present of BTC, it is not so difficult for 100K rising. I think since BTC dropped below 40K the chances have increased a lot. Maybe this year we will be able to enter the big bull market.
We couldnt really have everything because even how high the price could be then expecting something on beyond prices then this cant happen immediately thats why getting fomo'ed kind of emotion is really very common on this market on where you do really believe that it would be a smooth sail ride without even thinking about corrections and dips of prices which did really happen recently.
Mind off about those random ups and down and take advantage with those movements and make out profits with it even though its hard but it could really be done.
It is really just a matter of own realistic perception towards this market whether you do deal with it or ignore simply.

Your knowledge beyond this market value that much. The action that you will going to take will reflect to the outcome of your investment. To those who believes that they can continue benefiting even with these corrections will buy and take their chance to profits, while with those who don't know what they are doing inside this market will suffer and lose their money.

You have to pick your side and learn to adjust to every situation that you are seeing around,

Choosing your path will drive your investment, if you know deeper the chance is better.. ::) ;)
This is why you should really need to take risks and move according to your goals and targets because you wouldnt really able to achieve something if you dont really persevere on reaching into something.

Of course you would really be needing that kind of knowledge and experience for you to sustain on this market even though its hard but doesnt mean that it is impossible for you to do so.

You are the ones who do make your own path to your own future and if you dont make out some movement then you arent that progressing or achieving something.


Title: Re: Do people overestimate BTC?
Post by: lalabotax on January 25, 2022, 11:59:22 PM
Now that we are in 2022 is 100k per BTC still possible?
Why not? Of course, it is always possible. Who knows the highest BTC price this year? As long as there is a good demand in BTC, the price has a chance to jump again. Besides we hear bad news about crypto ban in Russia, there was also good news such as El Salvador continues buying BTC and maybe other good news from USA government in the near future.

It seems no one is talking about this price anymore
You are wrong. There are still many people discussing the possibility of $100k. People discuss not only in this forum, but they can also discuss it anywhere, especially on social media. If you don't see any new threads about $100k BTC, it is because we already have many of them.


Title: Re: Do people overestimate BTC?
Post by: ahmia39 on January 26, 2022, 01:55:49 AM
You are wrong. There are still many people discussing the possibility of $100k. People discuss not only in this forum, but they can also discuss it anywhere, especially on social media. If you don't see any new threads about $100k BTC, it is because we already have many of them.
It's still a long time for Bitcoin to be at $100K because that's a huge value for Bitcoin even though everyone no longer doubts the potential that Bitcoin has so wants to have a discussion about it anywhere, and I think that's a very reasonable thing also to be discussed although it still takes a long time.


Title: Re: Do people overestimate BTC?
Post by: aruldaroy on January 26, 2022, 03:11:15 AM
Looks like the 1st month of the year is a bearish month. The fear of some is already here, bitcoin dumped below $40k and we don't know if it will continue to dump, if the market is bearish, then most likely the trend will continue as there will be a correction after a bull run we enjoyed. Keep that patience, buy the dip and hold when the market is not good, besides, these are just temporary.
I also saw that this was only temporary and I am still holding onto my assets to this day because I also don't want to be in a loss just because I panicked and couldn't wait, even though in the past I have used money in the right direction, and that's for sure I wouldn't just throw it away either.

I also still maintain it until now and do not want to waste money just like that because I believe when everything returns to normal, our profits will also be there.
Until now I have not panicked and am still patient even though now many of them have panicked.


Title: Re: Do people overestimate BTC?
Post by: Reatim on January 26, 2022, 04:59:47 AM
People overestimate the market when they're new to the market. This means when they hear it from someone else and make their first entry into cryptocurrency. Here the over exaggeration sometimes make people think beyond the market potential. Here some have turned successful, some loss out of the miscalculation.
it is because that is how they being lured here, to earn or becoming rich overnight and that is the reason why there are so many of us knows how to earn and lose.
Quote
In my view these are just price predictions. Some use technical elements to analyse the market whereas the people who doesn't have much about the technical features just does the prediction in a random manner.
people will do anything just to let others believe even they have no big idea of what really the trend of market.

so Speculative or analyzation both are not bringing sure outcome .


Title: Re: Do people overestimate BTC?
Post by: tarable on January 26, 2022, 06:18:48 AM
Looks like the 1st month of the year is a bearish month. The fear of some is already here, bitcoin dumped below $40k and we don't know if it will continue to dump, if the market is bearish, then most likely the trend will continue as there will be a correction after a bull run we enjoyed. Keep that patience, buy the dip and hold when the market is not good, besides, these are just temporary.
I also saw that this was only temporary and I am still holding onto my assets to this day because I also don't want to be in a loss just because I panicked and couldn't wait, even though in the past I have used money in the right direction, and that's for sure I wouldn't just throw it away either.

I also still maintain it until now and do not want to waste money just like that because I believe when everything returns to normal, our profits will also be there.
Until now I have not panicked and am still patient even though now many of them have panicked.
all will return to normal and this is a common situation in the course of the market. there's no way the graphics are improving and in good shape. There are times when everything can change in an instant. it is possible that once this is over, BTC will hit a new ATH again this year.


Title: Re: Do people overestimate BTC?
Post by: Hypnosis00 on January 26, 2022, 02:05:22 PM
Looks like the 1st month of the year is a bearish month. The fear of some is already here, bitcoin dumped below $40k and we don't know if it will continue to dump, if the market is bearish, then most likely the trend will continue as there will be a correction after a bull run we enjoyed. Keep that patience, buy the dip and hold when the market is not good, besides, these are just temporary.
I also saw that this was only temporary and I am still holding onto my assets to this day because I also don't want to be in a loss just because I panicked and couldn't wait, even though in the past I have used money in the right direction, and that's for sure I wouldn't just throw it away either.

I also still maintain it until now and do not want to waste money just like that because I believe when everything returns to normal, our profits will also be there.
Until now I have not panicked and am still patient even though now many of them have panicked.
all will return to normal and this is a common situation in the course of the market. there's no way the graphics are improving and in good shape. There are times when everything can change in an instant. it is possible that once this is over, BTC will hit a new ATH again this year.
Kinda be understandable that the market is not manipulated that most people think of it. We're getting back slowly and I think this will be the mark for another big market rally.

I'd certainly look for that moment but in the meantime, buying more Bitcoin is the best thing to do while the price is still low. For those who are planning to invest crypto, this could be the right moment. We neither have to miss this opportunity as there is no coming back.


Title: Re: Do people overestimate BTC?
Post by: Viscore on January 26, 2022, 03:26:25 PM
Looks like the 1st month of the year is a bearish month. The fear of some is already here, bitcoin dumped below $40k and we don't know if it will continue to dump, if the market is bearish, then most likely the trend will continue as there will be a correction after a bull run we enjoyed. Keep that patience, buy the dip and hold when the market is not good, besides, these are just temporary.
I also saw that this was only temporary and I am still holding onto my assets to this day because I also don't want to be in a loss just because I panicked and couldn't wait, even though in the past I have used money in the right direction, and that's for sure I wouldn't just throw it away either.

I also still maintain it until now and do not want to waste money just like that because I believe when everything returns to normal, our profits will also be there.
Until now I have not panicked and am still patient even though now many of them have panicked.
all will return to normal and this is a common situation in the course of the market. there's no way the graphics are improving and in good shape. There are times when everything can change in an instant. it is possible that once this is over, BTC will hit a new ATH again this year.
Kinda be understandable that the market is not manipulated that most people think of it. We're getting back slowly and I think this will be the mark for another big market rally.

I'd certainly look for that moment but in the meantime, buying more Bitcoin is the best thing to do while the price is still low. For those who are planning to invest crypto, this could be the right moment. We neither have to miss this opportunity as there is no coming back.
No matter if crypto is going up or down the best thing you can do for yourself is to invest more and spend less.Just do something that will earn your money while you sleep,no matter how little it is.
Bear markets will not last for a long time. Just hold on and everything will be back to normal. :)


Title: Re: Do people overestimate BTC?
Post by: STT on January 26, 2022, 04:23:52 PM
People underestimate the volatility of BTC thats the problem, it means highs are greater then expected and also these giant waves recede also far more then expected.    If anything that makes 100k more likely then we realize because the amplitude of the waves is larger then most would estimate.


Title: Re: Do people overestimate BTC?
Post by: ahmia39 on January 27, 2022, 05:12:08 AM
I also still maintain it until now and do not want to waste money just like that because I believe when everything returns to normal, our profits will also be there.
Until now I have not panicked and am still patient even though now many of them have panicked.
Don't look at other people's panic as a guideline or other reason so that you yourself will panic later, because as long as you don't panic and continue to be patient to the maximum in every market condition, then you will be safe and get the profits as expected.


Title: Re: Do people overestimate BTC?
Post by: tarable on January 27, 2022, 05:25:23 AM
Looks like the 1st month of the year is a bearish month. The fear of some is already here, bitcoin dumped below $40k and we don't know if it will continue to dump, if the market is bearish, then most likely the trend will continue as there will be a correction after a bull run we enjoyed. Keep that patience, buy the dip and hold when the market is not good, besides, these are just temporary.
I also saw that this was only temporary and I am still holding onto my assets to this day because I also don't want to be in a loss just because I panicked and couldn't wait, even though in the past I have used money in the right direction, and that's for sure I wouldn't just throw it away either.

I also still maintain it until now and do not want to waste money just like that because I believe when everything returns to normal, our profits will also be there.
Until now I have not panicked and am still patient even though now many of them have panicked.
all will return to normal and this is a common situation in the course of the market. there's no way the graphics are improving and in good shape. There are times when everything can change in an instant. it is possible that once this is over, BTC will hit a new ATH again this year.
In the previous year bitcoin was also like this, it was even worse than now, there were times when the market situation changed very quickly, from correction to pumping or vice versa, a market like this could not be avoided in crypto, but we must believe that in the future bitcoin will be back on track , where the achievement of new ATH is very likely when the correction has fully recovered, so be patient to wait for that time.
The Future of BTC will be good and who choose BTC as a variety of investment assets are people who understand how the development of the economy is in the future. No one who did not feel surprised when he saw the price of coins falling down from the many of which gave predictions to soar.


Title: Re: Do people overestimate BTC?
Post by: virasog on January 27, 2022, 06:05:54 AM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible

Once bitcoin was below 10,000$ no one would would have thought that bitcoin will reach 69K. Also in last year March 2020 when due to covid crisis, bitcoin dumped to 3800$, who would have thought that bitcoin will reach above 60K in an year's time. So it does not matter if bitcoin is able to struggle at 30k or 40K, it will eventually go up.
Also bitcoin price at 40K is not an overestimation, it's in reality an underestimation. We can't even imagine the real price of bitcoin in the next decade.


Title: Re: Do people overestimate BTC?
Post by: lienfaye on January 27, 2022, 06:17:33 AM
I also still maintain it until now and do not want to waste money just like that because I believe when everything returns to normal, our profits will also be there.
Until now I have not panicked and am still patient even though now many of them have panicked.
Don't look at other people's panic as a guideline or other reason so that you yourself will panic later, because as long as you don't panic and continue to be patient to the maximum in every market condition, then you will be safe and get the profits as expected.
Thats true. Dont compare yourself to other investors. If they chose to sell at loss then so be it let them be because its their choice. We have our own reasons on why we're holding or selling so its understandable that we have different decisions. What matter is your own belief, despite of the negative things they say towards Bitcoin. Its not a reason to panic because if you have knowledge on the nature of crypto (and Bitcoin specifically) then you wont question why Bitcoin is unstable and not turning upward consistently at this point.


Title: Re: Do people overestimate BTC?
Post by: tarable on January 28, 2022, 08:29:29 AM
Looks like the 1st month of the year is a bearish month. The fear of some is already here, bitcoin dumped below $40k and we don't know if it will continue to dump, if the market is bearish, then most likely the trend will continue as there will be a correction after a bull run we enjoyed. Keep that patience, buy the dip and hold when the market is not good, besides, these are just temporary.
I also saw that this was only temporary and I am still holding onto my assets to this day because I also don't want to be in a loss just because I panicked and couldn't wait, even though in the past I have used money in the right direction, and that's for sure I wouldn't just throw it away either.

I also still maintain it until now and do not want to waste money just like that because I believe when everything returns to normal, our profits will also be there.
Until now I have not panicked and am still patient even though now many of them have panicked.
all will return to normal and this is a common situation in the course of the market. there's no way the graphics are improving and in good shape. There are times when everything can change in an instant. it is possible that once this is over, BTC will hit a new ATH again this year.
In the previous year bitcoin was also like this, it was even worse than now, there were times when the market situation changed very quickly, from correction to pumping or vice versa, a market like this could not be avoided in crypto, but we must believe that in the future bitcoin will be back on track , where the achievement of new ATH is very likely when the correction has fully recovered, so be patient to wait for that time.
The Future of BTC will be good and who choose BTC as a variety of investment assets are people who understand how the development of the economy is in the future. No one who did not feel surprised when he saw the price of coins falling down from the many of which gave predictions to soar.
yes, that's right, BTC has proven itself to be crypto, that they are the safest coin ever, if you look further then the chances of BTC going forward are even better than before, panic is happiness from investment chaos, this should be avoided as much as possible, many people have long in crypto also experience panic when the market experiences such a big correction, but they know what to behave in such conditions, now all that needs to be done is to be patient waiting for the market to recover optimally, rather than reacting which actually results in losses for us.
I admit that BTC is the asset with the most potential value. but BTC is not like other real assets.
when it comes to cryptocurrencies, nothing is safer than BTC, but again I say that BTC is still not the same as any other real asset.


Title: Re: Do people overestimate BTC?
Post by: ahmia39 on January 28, 2022, 09:13:08 AM
I admit that BTC is the asset with the most potential value. but BTC is not like other real assets.
when it comes to cryptocurrencies, nothing is safer than BTC, but again I say that BTC is still not the same as any other real asset.
Cryptocurrency space is a virtual space that cannot be compared to the real world space even though the total value of Bitcoin itself can be disbursed in the form of real fiat money, so this comparison seems like you have to sort it out first so that the discussion becomes more comfortable.


Title: Re: Do people overestimate BTC?
Post by: tarable on January 28, 2022, 10:09:38 AM
I admit that BTC is the asset with the most potential value. but BTC is not like other real assets.
when it comes to cryptocurrencies, nothing is safer than BTC, but again I say that BTC is still not the same as any other real asset.
Cryptocurrency space is a virtual space that cannot be compared to the real world space even though the total value of Bitcoin itself can be disbursed in the form of real fiat money, so this comparison seems like you have to sort it out first so that the discussion becomes more comfortable.
I have already stated that nothing is safer than BTC in the cryptocurrency space. so what does it mean that I have to sort between virtual space and real space.
when virtual space activities can be disbursed in fiat form, I think the two spaces have a unity that has its own role. Is not it? or is there another meaning?


Title: Re: Do people overestimate BTC?
Post by: Chato1977 on January 28, 2022, 11:14:50 AM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible
even altcoin does not perform well mate so meaning either Bitcoin and altcoin has no chance of making insignificant increase this year.

but overestimating ? no and Not really , instead people are just truly believing of what bitcoin can bring them as trust and risk involve .


Title: Re: Do people overestimate BTC?
Post by: goku19 on January 28, 2022, 05:16:46 PM
Mainstream people prediction is always like that, when the bull market hits hard, they started to speculate bitcoin price will go 100k 150k and so on but when it goes to bear market, people who said it before just disappear don't know where and sometimes they changed their words and said bitcoin will crash even more and they already ready for buying at deeper price.


Title: Re: Do people overestimate BTC?
Post by: stadus on January 30, 2022, 11:45:23 PM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible
even altcoin does not perform well mate so meaning either Bitcoin and altcoin has no chance of making insignificant increase this year.

but overestimating ? no and Not really , instead people are just truly believing of what bitcoin can bring them as trust and risk involve .
People still have their faith on bitcoin and altcoins but since its vivid that bitcoin is growing its value more than altcoins, and bitcoin has really proved it in the past years, then we cannot blame those who have high hopes that bitcoin will still come up with new ATH one of these days.

However, we cannot expect for bitcoin to always moves up because  of its volatility so there is no guaranteed price increase in a long term reversal. But as long as the market is showing positivity, bitcoin will always lead the price surge.


Title: Re: Do people overestimate BTC?
Post by: jhonjhon on January 31, 2022, 10:43:14 AM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen?
No,I dont think that bitcoin will reach $100,000 this year because we are still in the bear market territory.For the past few days,the price of bitcoin has been fluctuating which means the current market is currently unstable.And you cannot tell if it is going to drop or it is going to up.But somehow there are still many people believe that it will go very high.
Well as long as bitcoin is here, there is still a possibility to reach $100,000 anytime soon.And i believe this technology will going to change the world. :)


Title: Re: Do people overestimate BTC?
Post by: ReiMomo on January 31, 2022, 07:22:05 PM
Don't you think that this estimation has brought BTC to this level. Yes its kind of marketing. Over estimation attracts more investors into crypto industry. And often this estimation has turned real to many investors. I mean, those who invested and waited for a long, have earned much and later it has become true that investing on Bitcoin will turn out more returns. So how can we say it. Shall we say its practical rather than an estimation.


Title: Re: Do people overestimate BTC?
Post by: Kasabus on February 01, 2022, 07:37:54 AM
Don't you think that this estimation has brought BTC to this level. Yes its kind of marketing. Over estimation attracts more investors into crypto industry. And often this estimation has turned real to many investors. I mean, those who invested and waited for a long, have earned much and later it has become true that investing on Bitcoin will turn out more returns. So how can we say it. Shall we say its practical rather than an estimation.
If people have overestimate bitcoin, then there's no wrong with it. I think we all know that bitcoin is more capable to give us higher returns than any other coins in the market. This build the trust of most investors into bitcoin because its how they are seeing bitcoin in a very practical way. Though it has its own ups and downs, but bitcoin always proves to everyone that it always recovers from all its fall backs. No wonder why Bukele insisted to adopt bitcoin despite of the negative critics he received because he never stop expecting that bitcoin will create a gigantic price increase in the next possible months.


Title: Re: Do people overestimate BTC?
Post by: Vaculin on February 02, 2022, 11:46:21 PM
Don't you think that this estimation has brought BTC to this level. Yes its kind of marketing. Over estimation attracts more investors into crypto industry. And often this estimation has turned real to many investors. I mean, those who invested and waited for a long, have earned much and later it has become true that investing on Bitcoin will turn out more returns. So how can we say it. Shall we say its practical rather than an estimation.
The crypto crowd may have overestimated the demand for bitcoin but its because we can see that there is great potentials in bitcoin that made it to where it is right now. In fact, this overestimation has even created price predictions that are too far from the reality if we view it in the current market situation, but if we will see it from the bullish part of the market, of course the price will always be attainable. This overestimation for btc made the people more convinced that there is more to bitcoin than simply relying on fiat alone.


Title: Re: Do people overestimate BTC?
Post by: AmoreJaz on February 02, 2022, 11:52:50 PM
Don't you think that this estimation has brought BTC to this level. Yes its kind of marketing. Over estimation attracts more investors into crypto industry. And often this estimation has turned real to many investors. I mean, those who invested and waited for a long, have earned much and later it has become true that investing on Bitcoin will turn out more returns. So how can we say it. Shall we say its practical rather than an estimation.
The crypto crowd may have overestimated the demand for bitcoin but its because we can see that there is great potentials in bitcoin that made it to where it is right now. In fact, this overestimation has even created price predictions that are too far from the reality if we view it in the current market situation, but if we will see it from the bullish part of the market, of course the price will always be attainable. This overestimation for btc made the people more convinced that there is more to bitcoin than simply relying on fiat alone.

overestimation is like a normal scenario in this market because we saw how btc increased in the past decade. so many people are speculating that the price will grow more in the coming years. but we need to be conservative if you are seriously investing good amount of money because this market is still unpredictable.
don't invest your hard-earned savings or your last savings because that's very risky. if you badly need your funds, you may end up selling it at a loss.


Title: Re: Do people overestimate BTC?
Post by: Chato1977 on February 03, 2022, 01:24:10 AM
Don't you think that this estimation has brought BTC to this level. Yes its kind of marketing. Over estimation attracts more investors into crypto industry. And often this estimation has turned real to many investors. I mean, those who invested and waited for a long, have earned much and later it has become true that investing on Bitcoin will turn out more returns. So how can we say it. Shall we say its practical rather than an estimation.
The crypto crowd may have overestimated the demand for bitcoin but its because we can see that there is great potentials in bitcoin that made it to where it is right now. In fact, this overestimation has even created price predictions that are too far from the reality if we view it in the current market situation, but if we will see it from the bullish part of the market, of course the price will always be attainable. This overestimation for btc made the people more convinced that there is more to bitcoin than simply relying on fiat alone.
I believe that it is the shilling that made them believe about that estimation , right? because where they get the idea of the increasing future? isn't the shilling from the trolls of whales to make them believe and invest more?
and so when the price dumped badly they are also the one who panic sell because of no good knowledge about the market.


Title: Re: Do people overestimate BTC?
Post by: lienfaye on February 03, 2022, 01:27:10 AM
Don't you think that this estimation has brought BTC to this level. Yes its kind of marketing. Over estimation attracts more investors into crypto industry. And often this estimation has turned real to many investors. I mean, those who invested and waited for a long, have earned much and later it has become true that investing on Bitcoin will turn out more returns. So how can we say it. Shall we say its practical rather than an estimation.
The crypto crowd may have overestimated the demand for bitcoin but its because we can see that there is great potentials in bitcoin that made it to where it is right now. In fact, this overestimation has even created price predictions that are too far from the reality if we view it in the current market situation, but if we will see it from the bullish part of the market, of course the price will always be attainable. This overestimation for btc made the people more convinced that there is more to bitcoin than simply relying on fiat alone.

overestimation is like a normal scenario in this market because we saw how btc increased in the past decade. so many people are speculating that the price will grow more in the coming years. but we need to be conservative if you are seriously investing good amount of money because this market is still unpredictable.
don't invest your hard-earned savings or your last savings because that's very risky. if you badly need your funds, you may end up selling it at a loss.
Yes and I dont think its a big deal if people overestimate Bitcoin. Its just shows that many investors are optimistic that the price can really go that far. But because of this overestimation, we cant deny that many investors were attracted to buy more to be prepared incase. Even the target price were not reached last year there's still a future to look forward. Because this prediction for the price of Bitcoin is still possible to happen, though it might take time so just keep holding.


Title: Re: Do people overestimate BTC?
Post by: Bloodseekers on February 03, 2022, 07:34:57 AM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible

I think it could happen this year, it could reach 100k, I remember last year when Elun Musk announced that Telsa cars could be paid for using Bitcoin, at that time the price of Bitcoin immediately rose quickly and touched a high value.
I think this method can affect the btc value.
maybe this year if there is an influential person in the world announces another crazy thing about tbc, for example with btc we can explore the sky, i am sure btc will exceed what we expect. Lol


Title: Re: Do people overestimate BTC?
Post by: ahmia39 on February 03, 2022, 08:43:03 AM
I have already stated that nothing is safer than BTC in the cryptocurrency space. so what does it mean that I have to sort between virtual space and real space.
when virtual space activities can be disbursed in fiat form, I think the two spaces have a unity that has its own role. Is not it? or is there another meaning?
This can only be sorted out systemically, not in real terms, because the disbursement of all cryptocurrencies of course has a final option with the word Finish, which is cashed into fiat according to the currency of each country, so this is just a selection of a system that may be slightly different from that in banking.


Title: Re: Do people overestimate BTC?
Post by: OgNasty on February 05, 2022, 10:11:32 PM
I think Bitcoin is both over and underestimated quite a bit.  I think those that dismiss it as just another fad or ponzi scheme have a good point.  It certainly meets a lot of that criteria.  I also think they miss the larger point of what Bitcoin could be.  It is a major improvement over traditional money, and is already bringing change to the world to a certain extent.  It's also overestimated by a lot of the talking heads out there.  Currently, the individual demand for Bitcoin wouldn't put it's price anywhere near what it is today.  A huge majority of those buying Bitcoin are speculators, including Microstrategy, Tesla, etc...  They aren't using their Bitcoin, they are just buying loads of it and hoping that at some point in the future there will be so few left on the market it will be worth a fortune.  This isn't really the way to change the world in my opinion and I think much of the focus on Bitcoin now is about transitioning money from one system to another and less about adoption for legitimate use cases. 

So if you think Bitcoin is what's going to free us from financial slavery, you aren't paying attention to who is buying it all.  If you think it's a ponzi scheme then you've probably missed out on life changing gains and don't understand the entire space.  The truth probably lies somewhere in the middle.


Title: Re: Do people overestimate BTC?
Post by: tarable on February 09, 2022, 05:29:44 AM
Looks like the 1st month of the year is a bearish month. The fear of some is already here, bitcoin dumped below $40k and we don't know if it will continue to dump, if the market is bearish, then most likely the trend will continue as there will be a correction after a bull run we enjoyed. Keep that patience, buy the dip and hold when the market is not good, besides, these are just temporary.
I also saw that this was only temporary and I am still holding onto my assets to this day because I also don't want to be in a loss just because I panicked and couldn't wait, even though in the past I have used money in the right direction, and that's for sure I wouldn't just throw it away either.

I also still maintain it until now and do not want to waste money just like that because I believe when everything returns to normal, our profits will also be there.
Until now I have not panicked and am still patient even though now many of them have panicked.
all will return to normal and this is a common situation in the course of the market. there's no way the graphics are improving and in good shape. There are times when everything can change in an instant. it is possible that once this is over, BTC will hit a new ATH again this year.
In the previous year bitcoin was also like this, it was even worse than now, there were times when the market situation changed very quickly, from correction to pumping or vice versa, a market like this could not be avoided in crypto, but we must believe that in the future bitcoin will be back on track , where the achievement of new ATH is very likely when the correction has fully recovered, so be patient to wait for that time.
The Future of BTC will be good and who choose BTC as a variety of investment assets are people who understand how the development of the economy is in the future. No one who did not feel surprised when he saw the price of coins falling down from the many of which gave predictions to soar.
yes, that's right, BTC has proven itself to be crypto, that they are the safest coin ever, if you look further then the chances of BTC going forward are even better than before, panic is happiness from investment chaos, this should be avoided as much as possible, many people have long in crypto also experience panic when the market experiences such a big correction, but they know what to behave in such conditions, now all that needs to be done is to be patient waiting for the market to recover optimally, rather than reacting which actually results in losses for us.
I admit that BTC is the asset with the most potential value. but BTC is not like other real assets.
when it comes to cryptocurrencies, nothing is safer than BTC, but again I say that BTC is still not the same as any other real asset.
There is no doubt that Bitcoin is not a real asset, but what we need to understand is that the digital world has given room for intangible assets to develop, one of which is bitcoin that we are quite familiar with today, that's why bitcoin is one of the kings in cryptocurrency, considering many what they have been through from the beginning until now, no one wants to go through the development of bitcoin going forward, so take advantage of it for the future.
along with the development of the world, crypto is one clear proof that the world continues to develop with various sophistications or in other words the world is in hand.
crypto is known as BTC although in reality there are many others that are currently emerging. If we don't follow developments, of course we will be left behind. crypto is an intangible space and the most transparent transactions are here (crypto).


Title: Re: Do people overestimate BTC?
Post by: StreakW on February 09, 2022, 11:38:16 AM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible
I think, even though the bitcoin price is still weak lately, but the bitcoin price is still possible to go higher again until it reaches $100k at least in the middle of 2022.


Title: Re: Do people overestimate BTC?
Post by: ultrloa on February 09, 2022, 11:58:20 AM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible
I think, even though the bitcoin price is still weak lately, but the bitcoin price is still possible to go higher again until it reaches $100k at least in the middle of 2022.

We see so many times that bitcoin became weaker but after all it recovers when good things placed so those possibilities that it will pump again is not new since we see bitcoin pump up after the huge dump occur to it. But we cannot give any timeline on when does the price predicted to happen since all here are unpredictable and no one can give final and accurate verdict on it.


Title: Re: Do people overestimate BTC?
Post by: Abiky on February 10, 2022, 12:41:33 PM
I think Bitcoin is both over and underestimated quite a bit.  I think those that dismiss it as just another fad or ponzi scheme have a good point.  It certainly meets a lot of that criteria.  I also think they miss the larger point of what Bitcoin could be.  It is a major improvement over traditional money, and is already bringing change to the world to a certain extent.  It's also overestimated by a lot of the talking heads out there.  Currently, the individual demand for Bitcoin wouldn't put it's price anywhere near what it is today.  A huge majority of those buying Bitcoin are speculators, including Microstrategy, Tesla, etc...  They aren't using their Bitcoin, they are just buying loads of it and hoping that at some point in the future there will be so few left on the market it will be worth a fortune.  This isn't really the way to change the world in my opinion and I think much of the focus on Bitcoin now is about transitioning money from one system to another and less about adoption for legitimate use cases.

So if you think Bitcoin is what's going to free us from financial slavery, you aren't paying attention to who is buying it all.  If you think it's a ponzi scheme then you've probably missed out on life changing gains and don't understand the entire space.  The truth probably lies somewhere in the middle.

Precisely. People often have a different perception of what Bitcoin truly is. Some view it as a way to make money, while others view it as a currency for day-to-day payments. What's concerning is that wealthy companies and exchanges are stockpiling large amounts of Bitcoin, greatly introducing the risk of centralization. This brings inequality as only the wealthy will control Bitcoin's supply, leaving the average person out of the game.

I'd say most people underestimate Bitcoin as they believe it's nothing more than a fad. They trust Fiat currencies more than anything else, in part because banks have dominated the mainstream economy for a long time. Those who truly recognize Bitcoin's benefits won't look back ever again. I wouldn't worry about what people think about BTC as long as it does its job well as a decentralized and censorship-resistant cryptocurrency anyone can use without limitations. Just my opinion :)


Title: Re: Do people overestimate BTC?
Post by: Renampun on February 10, 2022, 02:17:46 PM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible
$100k why is it impossible? when adoption gets bigger then price spikes can't be avoided...

you are wrong to say that people are no longer talking about $100k / btc, there are many out there like me, believe the price of Bitcoin will reach it, just wait for that day to happen then you will not believe what you see :D


Title: Re: Do people overestimate BTC?
Post by: buwaytress on February 10, 2022, 03:11:30 PM
Yeah I'm like Nasty -- we're all guilty of some overestimation, perhaps saved by the fact that it's balanced out more by the understimation from naysayers. Still far too many speculators and volatility to present a more serious feel as a reliable asset but for something that's barely been around in free markets for 10 years, I'd say a huge achievement.

Precisely. People often have a different perception of what Bitcoin truly is. Some view it as a way to make money, while others view it as a currency for day-to-day payments.

If we're being honest, the former probably outnumber the latter by some distance.


Title: Re: Do people overestimate BTC?
Post by: ahmia39 on February 11, 2022, 12:19:47 PM
I think, even though the bitcoin price is still weak lately, but the bitcoin price is still possible to go higher again until it reaches $100k at least in the middle of 2022.
If the duration is until the middle of this year with a target of $100k, I think that's too far for Bitcoin to achieve in a very short time because you also need to look at the current Bitcoin price which is still under $50K. So it still feels very far for Bitcoin to achieve from now.


Title: Re: Do people overestimate BTC?
Post by: ShowOff on February 11, 2022, 05:52:41 PM
Remember predictions are not always correct as they may still be wrong on many occasions. $100K is a good price to expect and not impossible if you know how bitcoin hit ATH beforehand. I don't think people have overestimated bitcoin, that's a weak opinion and you can do your own analysis to find the answer. I just wanted to let you know that the strong fundamentals of positive news will greatly affect the demand for bitcoin, so there is always hope.

I wouldn't say $100K is bullshit right now, but we can expect it to be achieved in the next 1-4 years. Adoption has supported bitcoin to grow, so have no doubts about its future and great potential.


Title: Re: Do people overestimate BTC?
Post by: dunfida on February 11, 2022, 08:56:24 PM
Remember predictions are not always correct as they may still be wrong on many occasions. $100K is a good price to expect and not impossible if you know how bitcoin hit ATH beforehand. I don't think people have overestimated bitcoin, that's a weak opinion and you can do your own analysis to find the answer. I just wanted to let you know that the strong fundamentals of positive news will greatly affect the demand for bitcoin, so there is always hope.

I wouldn't say $100K is bullshit right now, but we can expect it to be achieved in the next 1-4 years. Adoption has supported bitcoin to grow, so have no doubts about its future and great potential.
$100k might be a bullshit presumption when we are still sitting  around $20k which i could even say to my self that it wasnt realistic but we know that Bitcoin could always give out some surprise.

As long demand and recognition would really be there then it couldnt really be denied that possibilities on hitting those numbers would really be next in line.It is just that no one could ever

tell on when it would happen and this is where test of patience would really be considered or mind off.


Title: Re: Do people overestimate BTC?
Post by: mobilestrike on February 11, 2022, 09:31:33 PM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible
Anything can happen in bitcoin if people start to adopt it. Just imagine the time when the price of bitcoin was just a few pennies and at that time no one even can estimate that the price will continue to rise and will reach to $67000 in 13 years.
Now it is also possible that it reach to $100k within this year.


Title: Re: Do people overestimate BTC?
Post by: Sled on February 11, 2022, 10:23:57 PM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible
Anything can happen in bitcoin if people start to adopt it. Just imagine the time when the price of bitcoin was just a few pennies and at that time no one even can estimate that the price will continue to rise and will reach to $67000 in 13 years.
Now it is also possible that it reach to $100k within this year.
$100k is far to reach at this time that is why no one had able to talk about it as it was useless. If we are just the ones who control the market, that gonna be possible and instant but we're not, and to think about $100k is over speculated.

This year is not a good year for crypto, I think we are done with the long bullish season and it was the time to face the season that people are worried about the bear season. Although I was positive with the market to see recovery but granted how the history shows long corrections in previous years after the ATH, this will possibly happen again.


Title: Re: Do people overestimate BTC?
Post by: 24Kt on February 11, 2022, 10:35:51 PM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible
Anything can happen in bitcoin if people start to adopt it. Just imagine the time when the price of bitcoin was just a few pennies and at that time no one even can estimate that the price will continue to rise and will reach to $67000 in 13 years.
Now it is also possible that it reach to $100k within this year.
$100k is far to reach at this time that is why no one had able to talk about it as it was useless. If we are just the ones who control the market, that gonna be possible and instant but we're not, and to think about $100k is over speculated.

This year is not a good year for crypto, I think we are done with the long bullish season and it was the time to face the season that people are worried about the bear season. Although I was positive with the market to see recovery but granted how the history shows long corrections in previous years after the ATH, this will possibly happen again.

It is too early to say that this is not a good year for crypto. We are just in the second month of this year, so we still have a long way to go this year. A lot can still happen and who knows, these coming months may give us a surprise? It may not be the same as previous bearish years, because we have different adoption today. There are even countries like El Salvador which has bitcoin as legal tender. And possibly, some will follow their path. So I am still optimistic about btc but don't overestimate btc as it may greatly affect your financial decisions.


Title: Re: Do people overestimate BTC?
Post by: STT on February 11, 2022, 11:59:17 PM
$100k why is it impossible? when adoption gets bigger then price spikes can't be avoided...

If dollar is devaluing then 100k is not too much, because the dollar of future years will be worth far less then the dollar value we have fixed in our heads.     Of course a paper currency can end up no value at all, its happened plenty of times.   It would be a shock for the central currency of the world but it is possible and its mostly what I expect though not in a linear way as every other paper currency also is attempting to devalue at a similar pace.
  In this context BTC is underestimated but I would extend that to technology in general; any invention which can manage to avoid the losses incurred by the common people is invaluable.


Title: Re: Do people overestimate BTC?
Post by: agustina2 on February 11, 2022, 11:59:41 PM
If we don't follow developments, of course we will be left behind. crypto is an intangible space and the most transparent transactions are here (crypto).

On that part, I think it's not always a mandatory thing to do to follow developments. In most cases, the majority is not even aware or truly following any development at every different coin because what matters to them is, if those coins are performing well in the market.

If there's a hype of the coin, traders will switch and consider investing in that coin whether the development is good or not. That's what we always see in the crypto market where the hype is one of the reasons why specific coins should be popular.


Title: Re: Do people overestimate BTC?
Post by: Kemarit on February 12, 2022, 04:31:22 AM
If we don't follow developments, of course we will be left behind. crypto is an intangible space and the most transparent transactions are here (crypto).

On that part, I think it's not always a mandatory thing to do to follow developments. In most cases, the majority is not even aware or truly following any development at every different coin because what matters to them is, if those coins are performing well in the market.

If there's a hype of the coin, traders will switch and consider investing in that coin whether the development is good or not. That's what we always see in the crypto market where the hype is one of the reasons why specific coins should be popular.


Well if you have big investments on some project, then definitely you may have to follow it. But for Bitcoin, nah, I think the price and the news is enough for us to invest or not or simply just hold. And this is the big difference with altcoins, because in that market there is so much volatility and then you have to check the news and developments as what causes the price to tank or even nose dive.


Title: Re: Do people overestimate BTC?
Post by: kotajikikox on February 12, 2022, 12:05:30 PM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible
The Bullish guys are gone every time there is a huge dumping but will surely comeback when Bull comes so yes there are small talks about the 100k increase but this does not mean we will never tackle about it.

Remember that changes in market happens constantly so if you wanted to risk then you can earn, if you don't then never expect income.

that is the nature of crypto market in which the reason why we are all here until now expecting to earn insignificant amount .


Title: Re: Do people overestimate BTC?
Post by: famososMuertos on February 12, 2022, 05:29:32 PM
Do people overestimate BTC?

____/
This is a special year, the milestone of $100k is broken, a mark unthinkable just a few years ago, but that peak will have its price, ironically yes,  price! We will have to pay for at least 2 years with a price in "depression" that will fix its recovery in the Halving cure (2024).

The funny thing is that whom they "throw away" at $100K day by day are the ones that invest the least, there is an important group of bitcoin holders that are already made in large sums of Fiat money, they regardless of the price of bitcoin just look at the $100k cap as a personal ego bet.

It is not that bitcoin does not reach prices in the dreaming estimates individuals, but on that path it will leave a lot of desolation, it will add many dips that will leave many who are not careful and who invest in bitcoin with the dream of a big blow, on the way ( crying). So there in lies the intelligence of being in bitcoin as an asset of value, you buy it then you save it and just wait for the great price of your dreams or simply have fun with all the emotion that comes with seeing it "dance" in its volatility mode to the purest Heavy Metal, then you "happy" enjoy the hangovers it causes with its price drops.

bitcoin can do it!! it is made to reach unsuspected prices, it still has that great prospect slang, putting it on the sporting plane, so that you understand me, because it is not something eternal; but we may even be in a strip that becomes the stable floor of bitcoin for its existence long (40k-50k), and that does not imply that more milestones (ATH).
/____
Do people overestimate BTC?
Do people overestimate BTC?
Speculation is the never-ending story of bitcoin, so it's not so much about overestimating bitcoin, no, it's about underestimating those who write any shit, idiocy, so good, so bad, technical analysis, it's them who you owe never dismiss.


Title: Re: Do people overestimate BTC?
Post by: arufox on February 19, 2022, 01:14:12 PM
It's too early to talk about the bitcoin price hitting $100k as the year has only been two months and bitcoin prices have already quite moved away from last year's ATH. However, the $100k bitcoin price target could be reached in the next 2 to 3 years if more and more large institutions adopt bitcoin. While waiting for the bitcoin price to go higher, it's better if we can take the current situation as a point of purchase so that later we can get maximum profit.


Title: Re: Do people overestimate BTC?
Post by: milewilda on February 20, 2022, 10:24:08 PM
It's too early to talk about the bitcoin price hitting $100k as the year has only been two months and bitcoin prices have already quite moved away from last year's ATH. However, the $100k bitcoin price target could be reached in the next 2 to 3 years if more and more large institutions adopt bitcoin. While waiting for the bitcoin price to go higher, it's better if we can take the current situation as a point of purchase so that later we can get maximum profit.
You couldnt stop people on having those kind of words and it is true that people are way too overestimating btc on which they do hurry up on reaching up particular numbers without even
considering on what factors needed for it to reach that particular level.We should be realistic at least because it would really just disappoint you or making yourself in a hurry
when you dont able to meet up your expectations.Deal with the current situation and dont hope that much but it isnt really bad on having that mindset.


Title: Re: Do people overestimate BTC?
Post by: Epaper on February 23, 2022, 06:42:32 PM
I think it's still possible for bitcoin to hit its $100k price target this year if the sentiment is positive and requires a long rally. So far the bitcoin price has recovered and managed to break through the $40k price resistance after experiencing a very sharp price correction in the last few months. Let's see if the current bitcoin price hike will continue or just temporarily. Maybe we'll just talk about a $100k bitcoin price target this year. if the price of bitcoin manages to break through $65k.


Title: Re: Do people overestimate BTC?
Post by: cryptomaniac_xxx on February 23, 2022, 07:26:26 PM
I think it's still possible for bitcoin to hit its $100k price target this year if the sentiment is positive and requires a long rally. So far the bitcoin price has recovered and managed to break through the $40k price resistance after experiencing a very sharp price correction in the last few months. Let's see if the current bitcoin price hike will continue or just temporarily. Maybe we'll just talk about a $100k bitcoin price target this year. if the price of bitcoin manages to break through $65k.

But the sentiments is very negative for this year, I reckon. The bear market is here much early so for me I'm not seeing a $100k price for bitcoin in 2022. We have problems now breaking $40k now and then we have another big barrier to break next which is $50k. It will take a lot of money again to go over those mental barriers and I don't think we have enough push for this year.


Title: Re: Do people overestimate BTC?
Post by: Abiky on February 25, 2022, 03:05:17 PM
Remember predictions are not always correct as they may still be wrong on many occasions. $100K is a good price to expect and not impossible if you know how bitcoin hit ATH beforehand. I don't think people have overestimated bitcoin, that's a weak opinion and you can do your own analysis to find the answer. I just wanted to let you know that the strong fundamentals of positive news will greatly affect the demand for bitcoin, so there is always hope.

I wouldn't say $100K is bullshit right now, but we can expect it to be achieved in the next 1-4 years. Adoption has supported bitcoin to grow, so have no doubts about its future and great potential.

People overestimate Bitcoin because they think it's something that will pass away as time goes by. Little do they know that this is a revolution that's just starting to change our world for the better. The bigger and stronger Bitcoin becomes, the faster banks' demise will be. Once you realize Bitcoin is a new kind of money no government, evil corporation, or bank can stop, nothing will be able to stand in your way. "Owning" Bitcoin gives you financial freedom like never before.

Price-wise, I'd say $100k per coin is just the tip of the iceberg as the best is yet to come. With El Salvador, Russia, Ukraine, and several other countries legalizing Bitcoin, it should only be a matter of time before prices go all the way to Mars. Just my thoughts ;D


Title: Re: Do people overestimate BTC?
Post by: Rimueng on February 25, 2022, 06:25:41 PM
I think, although no one knows for sure what the Bitcoin price movement will look like this year, whether it's still possible for the bitcoin price to reach $100k this year, I'm sure that bitcoin will continue to rise in price this year. I predict bitcoin will again set a new ATH record again maybe mid-year or later this year.


Title: Re: Do people overestimate BTC?
Post by: tintingp on February 27, 2022, 06:59:17 AM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible




I don't think the BTC price will cross 100K$ this year. Because the condition of the present world is very bad. The war is raging in the big provinces and all investors are turning away from it as prices are falling day by day. So I don't think there will be any improvement from now on. But yes we have to wait a long time for this. Thank you for your question.


Title: Re: Do people overestimate BTC?
Post by: Oilacris on February 27, 2022, 08:18:48 PM
I think, although no one knows for sure what the Bitcoin price movement will look like this year, whether it's still possible for the bitcoin price to reach $100k this year, I'm sure that bitcoin will continue to rise in price this year. I predict bitcoin will again set a new ATH record again maybe mid-year or later this year.
Many big figures and institutions predict that bitcoin will even exceed 100k. 2014 bitcoin also strugle in the price of 4k, as well as during the 2018 market crash. Many people do not expect bitcoin at the current price level. I still have faith that bitcoin can still reach 100k
No one had really anticipated on whats the price that we are seeing now.Whom had thought that we do able to break that 20k ATH back in the past?

No one even knows that we would able to reach that notable all time high that we do have and now it do reached out 68k which is almost able to break that 70k which is nearly on 100k.

Lets not just make ourselves too impatient on how this market moves because everything would come naturally and it would always vary on the demand.


Title: Re: Do people overestimate BTC?
Post by: peter0425 on March 05, 2022, 11:07:27 AM
I think, although no one knows for sure what the Bitcoin price movement will look like this year, whether it's still possible for the bitcoin price to reach $100k this year, I'm sure that bitcoin will continue to rise in price this year. I predict bitcoin will again set a new ATH record again maybe mid-year or later this year.
Many big figures and institutions predict that bitcoin will even exceed 100k.
but do they give specific date or time? all of the speculations tries to fool people here that 2021 and even 2022 will be the year but what happened?\since we also missed 2021 does 2022 looks like the year?

Quote
2014 bitcoin also strugle in the price of 4k,
What? what do you mean struddle to take the price of 4k?
Quote
as well as during the 2018 market crash.
Lol only Bitcoin is mostly affected in 2018 but many altcoins made this move up.

Quote
Many people do not expect bitcoin at the current price level. I still have faith that bitcoin can still reach 100k
all are speculative but most believes this may reach even a million but the only question remains is when this will come.


Title: Re: Do people overestimate BTC?
Post by: bots1 on March 05, 2022, 07:57:42 PM
It is too early to dream that the bitcoin price will reach $100k this year as the downward trend in price continues and bitcoin price is still far from ATH levels. We can dream of a $100k bitcoin price when the price breaks through $75k first. Therefore we better wait and see how the price movement this year.


Title: Re: Do people overestimate BTC?
Post by: Rimueng on March 05, 2022, 08:57:05 PM
I think, although no one knows for sure what the Bitcoin price movement will look like this year, whether it's still possible for the bitcoin price to reach $100k this year, I'm sure that bitcoin will continue to rise in price this year. I predict bitcoin will again set a new ATH record again maybe mid-year or later this year.
Many big figures and institutions predict that bitcoin will even exceed 100k. 2014 bitcoin also strugle in the price of 4k, as well as during the 2018 market crash. Many people do not expect bitcoin at the current price level. I still have faith that bitcoin can still reach 100k
It is possible if the price of bitcoin will reach $100k. This year may look very different from what we expect now because geopolitical issues in Europe are still ongoing and do not know when it will end. because as long as the geopolitical issue between Russia and Ukraine is still going on, the price of bitcoin has decreased very deeply. However, it is very difficult to predict exactly what will happen this year for Bitcoin.


Title: Re: Do people overestimate BTC?
Post by: macson on March 06, 2022, 03:22:11 PM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible
we are still in Q1 2022 so imo it's still too soon to conclude Bitcoin price won't be able to touch $100k.  we all see that now there are many cities and also several countries that recognize Bitcoin as a currency and regulate it, with this good news it encouraging adoption to happen, we will definitely see another big surprise happening this year, soon the new btc ATH will definitely arrive.


Title: Re: Do people overestimate BTC?
Post by: lalabotax on March 06, 2022, 11:33:46 PM
we are still in Q1 2022 so imo it's still too soon to conclude Bitcoin price won't be able to touch $100k.  we all see that now there are many cities and also several countries that recognize Bitcoin as a currency and regulate it, with this good news it encouraging adoption to happen, we will definitely see another big surprise happening this year, soon the new btc ATH will definitely arrive.
Not very soon, people already predict it based on the BTC halving time and BTC price history previously. If you checked back the Bullrun in 2017, it happened after BTC halving in 2016. At that time, 2018 is the beginning of the bearish period. If the situation will be the same as previously, 2022 should be the same as 2018. Now, we are at the beginning of bearish. So, expecting another ATH in BTC will be impossible. There will be no $100k for BTC price this year.



Title: Re: Do people overestimate BTC?
Post by: TimeTeller on March 06, 2022, 11:59:54 PM
we are still in Q1 2022 so imo it's still too soon to conclude Bitcoin price won't be able to touch $100k.  we all see that now there are many cities and also several countries that recognize Bitcoin as a currency and regulate it, with this good news it encouraging adoption to happen, we will definitely see another big surprise happening this year, soon the new btc ATH will definitely arrive.
Not very soon, people already predict it based on the BTC halving time and BTC price history previously. If you checked back the Bullrun in 2017, it happened after BTC halving in 2016. At that time, 2018 is the beginning of the bearish period. If the situation will be the same as previously, 2022 should be the same as 2018. Now, we are at the beginning of bearish. So, expecting another ATH in BTC will be impossible. There will be no $100k for BTC price this year.


We can't base what will happen in the future by referencing it from previous history.
The adoption is different today, so the impact may be different.
I am not saying that it will not be the same, but be open mind about other possible routes in this market.
As long as the market is alive, we have the chance to achieve those targets.


Title: Re: Do people overestimate BTC?
Post by: Mamun74 on March 07, 2022, 05:56:17 AM
Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible
we are still in Q1 2022 so imo it's still too soon to conclude Bitcoin price won't be able to touch $100k.  we all see that now there are many cities and also several countries that recognize Bitcoin as a currency and regulate it, with this good news it encouraging adoption to happen, we will definitely see another big surprise happening this year, soon the new btc ATH will definitely arrive.

We have just entered the third month of 2022, so it is still quite possible this year the price of Bitcoin will rise as it did in 2021. There is even
a possibility that the price of Bitcoin this year will rise much higher than in 2021. Moreover, quite a lot of people now realize that Bitcoin is
a profitable asset choice in a pandemic situation that is not over yet. Therefore the target price of $100k is still possible to achieve this year,
therefore don't worry about Bitcoin's current performance which is still not recovering. It's better if we just focus on collecting Bitcoins according
to our respective financial capabilities. So if it's true that the price of Bitcoin recovers and can pump very high this year, we already have enough
Bitcoins and can enjoy big profits from Bitcoin. In conclusion, we must have faith in the future of Bitcoin.


Anything can be possible. Back previous year that similar time bitcoin price was around $30k but it touched 65k+ in 2021.I believe bitcoin still movement correction. I hope bitcoin will recover this year and more development in future. 100k? But i think bitcoin will hit 70k+ again.


Title: Re: Do people overestimate BTC?
Post by: milewilda on March 11, 2022, 05:26:15 PM
we are still in Q1 2022 so imo it's still too soon to conclude Bitcoin price won't be able to touch $100k.  we all see that now there are many cities and also several countries that recognize Bitcoin as a currency and regulate it, with this good news it encouraging adoption to happen, we will definitely see another big surprise happening this year, soon the new btc ATH will definitely arrive.
Not very soon, people already predict it based on the BTC halving time and BTC price history previously. If you checked back the Bullrun in 2017, it happened after BTC halving in 2016. At that time, 2018 is the beginning of the bearish period. If the situation will be the same as previously, 2022 should be the same as 2018. Now, we are at the beginning of bearish. So, expecting another ATH in BTC will be impossible. There will be no $100k for BTC price this year.


We can't base what will happen in the future by referencing it from previous history.
The adoption is different today, so the impact may be different.
I am not saying that it will not be the same, but be open mind about other possible routes in this market.
As long as the market is alive, we have the chance to achieve those targets.
Nothing is assured when it comes to future because no one would really know on what it would looks like because everything would really vary on the demand even though we are seeing
soo much potential but doesnt mean that it will really be giving out sureness that it would succeed in the future.Always be mindful about the risks because this is a market
on which you dont know on what would be the next real big thing. Deal with awareness and presumptions that it could rise up in the future because it would be always be like this.
Just be realistic on your hopes and dont mind off about on almost close to impossible events.


Title: Re: Do people overestimate BTC?
Post by: poldanmig on March 11, 2022, 06:01:54 PM
Anything can be possible. Back previous year that similar time bitcoin price was around $30k but it touched 65k+ in 2021.I believe bitcoin still movement correction. I hope bitcoin will recover this year and more development in future. 100k? But i think bitcoin will hit 70k+ again.
Speculative bitcoin price movements are of course very difficult for us to predict, currently the bitcoin price is in a bad condition due to the many negative sentiments that occur in the market, but the correction that is happening now may not be too deep so the possibility of bitcoin prices rising could also happen , my only hope right now is for bitcoin price to stay at iys above support level and hopefully we won't see bitcoin below $30K again this year.


Title: Re: Do people overestimate BTC?
Post by: Sir Legend on March 18, 2022, 04:26:27 AM
Most people only want to buy bitcoin even though there are many other cryptocurrencies, but what is happening with bitcoin today has been predicted 10 years ago, even many are optimistic that the current price of bitcoin should have been $1 million, when there was a long correction since december it made we have to be realistic, maybe a big increase usually is a cycle every 4 years.


Title: Re: Do people overestimate BTC?
Post by: ninis45 on March 20, 2022, 09:53:48 PM
Most people only want to buy bitcoin even though there are many other cryptocurrencies, but what is happening with bitcoin today has been predicted 10 years ago, even many are optimistic that the current price of bitcoin should have been $1 million, when there was a long correction since december it made we have to be realistic, maybe a big increase usually is a cycle every 4 years.
there is no exaggeration about bitcoin except those who doubt it
bitcoin will arrive at a price that exceeds last year's ATH for sure after a long correction and this usually happens in the next 4-5 year cycle and at this moment it is a bloody month for bitcoin and maybe in the middle of next month bitcoin will be back in the range of 50k-60k$


Title: Re: Do people overestimate BTC?
Post by: Kemarit on March 21, 2022, 01:07:25 AM
Most people only want to buy bitcoin even though there are many other cryptocurrencies, but what is happening with bitcoin today has been predicted 10 years ago, even many are optimistic that the current price of bitcoin should have been $1 million, when there was a long correction since december it made we have to be realistic, maybe a big increase usually is a cycle every 4 years.

$1 million at short amount of time? I doubt that any asset can accomplished that not even bitcoin. It should not be in a quick increase as it takes time for a certain asset in this example, Bitcoin to mature first before it can go up again. And another thing that separates it is the idea of halving, which makes Bitcoin more scarce as time goes by that why it will continue to increase every 4 cycle because of this phenomena. Rest assured though that the potential $1 million can be hit maybe in the next 10 years or less.


Title: Re: Do people overestimate BTC?
Post by: Mahanton on March 21, 2022, 10:16:05 PM
Most people only want to buy bitcoin even though there are many other cryptocurrencies, but what is happening with bitcoin today has been predicted 10 years ago, even many are optimistic that the current price of bitcoin should have been $1 million, when there was a long correction since december it made we have to be realistic, maybe a big increase usually is a cycle every 4 years.

$1 million at short amount of time? I doubt that any asset can accomplished that not even bitcoin. It should not be in a quick increase as it takes time for a certain asset in this example, Bitcoin to mature first before it can go up again. And another thing that separates it is the idea of halving, which makes Bitcoin more scarce as time goes by that why it will continue to increase every 4 cycle because of this phenomena. Rest assured though that the potential $1 million can be hit maybe in the next 10 years or less.
Come to think that we couldnt even able to break 70k price point and let alone $1m for a short period of time isnt something that even on my dreams wont happen.
People do really expect that much although i couldnt blame them but they should be at least realistic with numbers because it wont really be happening in short span of time.
You are just simply stressing your self because you are expecting on something.Let alone the demand and recognition would do its job.


Title: Re: Do people overestimate BTC?
Post by: tintingp on March 22, 2022, 07:45:53 AM
I agree with your opinion. The price of Bitcoin could rise to 100k this year. It's nothing unusual.

Because you can see that its support level is not going down below 40k. Considering the huge demand of the customer at present and its comparison in the future, it is safe to say that the price will soon go up to 100k. And if so, the price of all the coins will go up soon.


Title: Re: Do people overestimate BTC?
Post by: Joshapat on March 22, 2022, 11:07:35 AM
I agree with your opinion. The price of Bitcoin could rise to 100k this year. It's nothing unusual.

Because you can see that its support level is not going down below 40k. Considering the huge demand of the customer at present and its comparison in the future, it is safe to say that the price will soon go up to 100k. And if so, the price of all the coins will go up soon.

Today we have stepped up to reach $ 100K, and I'm increasingly optimistic if the March price can touch $ 50k then June can pass ATH, see the trend and the increasing number of active influencers campaigning with Bitcoin makes me never hesitate to continue buying and hold Bitcoin because it will be a very expensive asset in the future.


Title: Re: Do people overestimate BTC?
Post by: Chato1977 on March 25, 2022, 09:18:33 AM
we are still in Q1 2022 so imo it's still too soon to conclude Bitcoin price won't be able to touch $100k.  we all see that now there are many cities and also several countries that recognize Bitcoin as a currency and regulate it, with this good news it encouraging adoption to happen, we will definitely see another big surprise happening this year, soon the new btc ATH will definitely arrive.
Not very soon, people already predict it based on the BTC halving time and BTC price history previously. If you checked back the Bullrun in 2017, it happened after BTC halving in 2016. At that time, 2018 is the beginning of the bearish period. If the situation will be the same as previously, 2022 should be the same as 2018. Now, we are at the beginning of bearish. So, expecting another ATH in BTC will be impossible. There will be no $100k for BTC price this year.


do you still believe that we are relying in Halving effect ? and do you really believe that what we had in 2021 is the effect of the Halving in 2020? then you must be wrong because it is the investing parties that makes it high and when the institutional investors put their funds inside .
so this is not basically about the halving but the support we are gaining from the community .