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Bitcoin => Bitcoin Discussion => Topic started by: Wonder Work on August 27, 2024, 06:46:58 PM



Title: Let's get to know everyone's personal opinion about Bitcoin
Post by: Wonder Work on August 27, 2024, 06:46:58 PM
I have been familiar with BTC since 2012. When I was transection BTC, its price was very low. If those accounts are no longer there because they were on a much earlier device, those devices no longer exist.

I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Mia Chloe on August 27, 2024, 07:25:50 PM
I have been thinking about raising a thread concerning this. However I think I'll just spill some here. Let's start with bitcoin transactions well currently I'll say fees are ok and as good as new compared to periods of early this year and late last year. Lol I remember vividly the time transaction fees were so high to the extent that averagely fees were around 11- 15 sat/byte.
Now concerning the bitcoin bull, I don't really think that bitcoin will be hitting the $100k mark  anytime so soon or rather this year. It's definitely going to take a while based on some certain price movements this year. If you can recall vividly, bitcoin hit the $78k mark recently this year which was the major bull price I speculated this year . Anyways hitting a 100k would be nice though I don't see it too soon this year.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: serjent05 on August 27, 2024, 07:33:35 PM
I also think that Bitcoin won't hit $100k this year, if we look at the 4-year cycle pattern of BTC, it should be hitting $100k next year (2025) together with making another record of new ATH  before it transitions to the bear market.  With the development of Bitcoin in each country, I think the positive regulation would bring more people to the Bitcoin economy, and if the network congestion problem is solved, I believe Bitcoin will reach a new height of success.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Nothingtodo on August 27, 2024, 07:43:42 PM
I have been familiar with BTC since 2012. When I was transection BTC, its price was very low. If those accounts are no longer there because they were on a much earlier device, those devices no longer exist.

I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?
Bitcoin will grow more in the future and then you will remember today and regret not investing in Bitcoin in the future. Bitcoin may be sitting at $60,000 today but in the future when the price of Bitcoin is ten times higher, you will be reminded of today over and over again to regret it. I have a firm faith in Bitcoin that one day it will serve as an indicator of the wealth of people on earth, the more bitcoins they have, the richer they will be.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Callido on August 27, 2024, 07:47:44 PM
I also think that Bitcoin won't hit $100k this year, if we look at the 4-year cycle pattern of BTC, it should be hitting $100k next year (2025) together with making another record of new ATH  before it transitions to the bear market.  With the development of Bitcoin in each country, I think the positive regulation would bring more people to the Bitcoin economy, and if the network congestion problem is solved, I believe Bitcoin will reach a new height of success.

That is what the market looks like, as for some time ago when we had a little bull season which made it look like hitting $100k is not much of a problem, now we see how difficult it is even for the market to maintain it's price at $60k, this clears all assumptions if truly Bitcoin will cross $100k, the charts and price movements doesn't guarantee the price of Bitcoin to reach such level. We must try to remain positive, can't stay forever on this declined market definitely we are going to raise a new ATH other than what we have as of now.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Emmanuelex on August 27, 2024, 08:09:21 PM
Bitcoin is good. Despite that I have seen so many coins and even invested in them, at the end of the day I still go back to Bitcoin. Other cryptocurrencies are just like side chicks, while Bitcoin remains the main chick that you will always go back home to  ::)


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: BitcoinBarrel on August 27, 2024, 08:22:31 PM
I believe that blockchain technology is an innovative solution for p2p transactions and inflation-proof store of value.

I'm unsure of the origins or whether there is any backdoor in the encryption algorithms, but overall blockchain tech itself is sound.

It will continue to be useful as long as the internet is around, which I hope is a long time.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Cryptoprincess101 on August 27, 2024, 08:22:57 PM
I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?

Do we need to care so much about the price of Bitcoin reaching $100k? It's not important because the most important thing now is to acquire as many Bitcoins as we can, as for the price it can reach any ATH with time so if the price hits $100k and you only have just very low fraction of it in your possession do you think the price hitting $100k will make much sense to you? not really so what we should be doing now is to accumulate more Bitcoin and forget about if the price will reach $100k sooner or not. Bitcoins future is already convincing so what we can do to help the process now is to buy and hodl more Bitcoins.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: wahyuagung26 on August 27, 2024, 08:27:32 PM
It will cross 100k+ very soon. What is your personal opinion about BTC?

 It seems like crossing $100k this year is not happening this year very quickly in my opinion. But Bitcoin is something that is accompanied by a volatile nature where there is no stability in price during an increase or decrease in the market, And Bitcoin will certainly grow much more in the future and encourage everyone who tends to be involved in Investing in Bitcoin, Bitcoin is one thing that is very interesting in my personal perspective of course.

I have been familiar with BTC since 2012. 

 One very interesting achievement from me for you. where you know Bitcoin for such a long period of time, it seems like you are one of the Investors who already have quite a long flying hours in the world of Investment especially in bitcoin.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: The Cryptovator on August 27, 2024, 08:27:59 PM
At the beginning of the Bitcoin journey, it was underestimated. People weren't able to imagine Bitcoin would grow this way. It's surprising for a beginning Bitcoin supporter who joined earlier. Most of them spent their holding, like buying pizza, as we all know the history. But for us, we are witnessing how Bitcoin is growing since we joined later. To imagine a Bitcoin future, we just need to study Bitcoin history. We can't exactly predict the future, but we may imagine where Bitcoin will reach. Once a time, buying one Bitcoin would be a dream. But still, it's at a reasonable price, and we aren't buying. Definitely, we have to regret those who aren't holding Bitcoin. 


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: uneng on August 27, 2024, 09:00:51 PM
I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?
Bitcoin is very likely to go upside soon. September is coming, and many investors are confident Bitcoin is going to enter a new bullish trend from that moment on until December or even the first months of the next years. I believe in a new ATH which has potential to push Bitcoin above 100,000$, although it's not a guarantee, since we have never crossed the 73,738$ mark. Before talking about 100,000$, Bitcoin still has to hit 80,000$ and 90,000$, which aren't easy achievements at all, considering they have never happened before.

Anyway, I feel optimistic and confident about Bitcoin on short run (next year). There are also some other factors to influence Bitcoin price right now, especially US elections, which can boost Bitcoin or not, depending the results.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: EL MOHA on August 27, 2024, 09:02:56 PM
I also think that Bitcoin won't hit $100k this year, if we look at the 4-year cycle pattern of BTC, it should be hitting $100k next year (2025) together with making another record of new ATH  before it transitions to the bear market.  With the development of Bitcoin in each country, I think the positive regulation would bring more people to the Bitcoin economy, and if the network congestion problem is solved, I believe Bitcoin will reach a new height of success.


The bitcoin market has had a very mixed middle of the year with its price basically just ranging since the Q2 and a bearish Q3, this was actually not what many analysts or investors were predicting, the market actually was headed for correction right from when the price had a surprise surge due to the ETF hype which broke the old ATH, something that hasn’t really happened before in the history of bitcoin market. But the correction was supposed to be a thing that won’t last but due to the current economic crisis creating fears we are still in the ranging market.

I have also tipped bitcoin to reach a six figure this year after it broke the $70k so early but as things stands now with the globally economy I don’t think the prediction would actually manifest, but one thing i still have conviction about is that the market will pump hard in the last quarter of the year year but I don’t think it will be enough to get it to a six figure.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: PrivacyG on August 27, 2024, 09:40:35 PM
Is this a Thread for opinions about Bitcoin or about the speculative future?

I will answer based on the title and what OP says.  What I REALLY hope and want is Bitcoin being the future, so my opinion about it is very positive for now.  It provides the Freedom no Third Party can.  I can use it how ever I like.  I do not have to be afraid of Banks closing my Accounts, my Cards being stolen, Law Enforcement seizing anything.  Those Coins are mine and mine only, which obviously gives a sense of relief.

The future of it is kind of foggy in my opinion.  Simply because the World does seem to be shifting toward a much more supervised World where Privacy and Freedoms are very limited to nonexistent.  So take what ever you want from that.  It may or may not be what we were hoping for, it may or may not be the solution to such a World.  Maybe it is not.  Maybe it will end up dying out at one point.  But again, with no efficient crystal ball we have no foreseeable future other than what we already hear and see every day.  Governments are definitely not happy about Bitcoin still surviving, they are not happy about Cash still being an option for us.

Bitcoin is to me the isolation from the World that I never thought I would need until I found Privacy was a thing I REALLY need to take care of and think about.  Now obviously, there are so many ways Bitcoin is being attacked from multiple sides and angles.  But it still shows strength.

I would say more, but I would need to write so many rows of text that nobody would be interested in reading anyway.  Bitcoin is extremely helpful for me.  I am afraid for the future of the World, but with it there is honestly still a little bit of hope.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: OgNasty on August 27, 2024, 09:51:27 PM
Bitcoin was a much needed creation that could have drastically changed the world for the better. However, as with any man made creation, greed entered the picture and the original ideas of Bitcoin were diverted in order to push a single company’s patented solution to a problem that didn’t exist. Now it’s a store of value to enrich early adopters and wealthy investors.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: tabas on August 27, 2024, 10:31:49 PM
Now, I think BTC will do very well in the near future. It is still in very good shape, though.
You from 2012 have already talked about it and somehow this present time is the future that you have never thought of. It is for sure that the near future of Bitcoin will be more amazing than in the past and as you can see, many adoptions have happened already. Bitcoin is no doubt in a good shape, I am not thinking of it that it will be in a bad shape or so because it's always been good regardless of the market situation.

It will cross 100k+ very soon. What is your personal opinion about BTC?
We will be there soon and $100k is halfway there so, that's the price that we're all waiting for, and no matter what happens this is the current bull run and dips could come. But you have to ignore that if you're looking forward to meeting $100k soon. Do not get frowned by the market swings because they are essential to happen.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: alastantiger on August 27, 2024, 10:51:20 PM
I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good cheap, though. It will cross 100k+ very soon. What is your personal opinion about BTC?

My personal opinion is that it won't matter what the price of Bitcoin is going to be soon when you don't own any Bitcoin. We should buy Bitcoin because it is going to be the currency of the future. The price for Bitcoin is going to go up and down always and this gives an avenue to buy Bitcoin but the people losing are those that refuse to buy because they decided not to believe in Bitcoin hence they miss out on an avenue to make profit. There were people that refused to buy Bitcoin when it was cheaper than it is now and they are angry. Anybody that isn't buying Bitcoin should be buying sometime more better because if they buy things that do not matter, they will be among those writing threads and wishing they bought Bitcoin below $100k. Bitcoin isn't going to die hence we should be preparing to welcome it into our life by making sure we don't miss investing in it before it has more value.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: peter0425 on August 27, 2024, 11:04:16 PM
I also think that Bitcoin won't hit $100k this year, if we look at the 4-year cycle pattern of BTC, it should be hitting $100k next year (2025) together with making another record of new ATH  before it transitions to the bear market. 
I think the reason why everyone is expecting bitcoin to reach 100k before the year ends is because we saw bitcoin reach a new ath before even the halving event. So everyone is expecting more surprises but is that new ath the only surprise for the year or we can really reach 100k this year? No one knows.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Churchillvv on August 27, 2024, 11:06:55 PM
Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?
You still think bitcoin will do well in the near future or bitcoin is already doing well? because I don't know how you see bitcoin but a paradigm that came in with a price of 1$ only and now it's around 60kish price and has hit an ATH of over 73kish +

I do not know how you think of bitcoin but it's over what you think of it right now, bitcoin is not longer struggling to do well rather it is already doing well at this point.

My personal opinion is that bitcoin is a paradigm shift that has moved our think of money (currency) from a paper that is always depreciating and printed overly every year by some few calibers of people called government, and bitcoin has help privatize our life's where we can handle or hold amounts that we can hold in banks without being questioned in it, it has cleared my international transaction with out stress. bitcoin is currently my favourite innovation or invention.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Text on August 27, 2024, 11:08:32 PM
The early days must have been something else, especially with BTC at such a low price back then.

It's amazing to see how far Bitcoin has come, transforming from a niche interest into a global phenomenon. I completely agree that BTC is in a strong position right now, and the idea of it crossing 100k+ doesn't seem too far-fetched. Personally, I believe that Bitcoin still has a lot of potential left to unlock, especially as more people and institutions start to recognize its value. The future looks promising for BTC, and I'm excited to see where it goes next.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Minor Miner on August 27, 2024, 11:29:29 PM
I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?
Bitcoin is very likely to go upside soon. September is coming, and many investors are confident Bitcoin is going to enter a new bullish trend from that moment on until December or even the first months of the next years. I believe in a new ATH which has potential to push Bitcoin above 100,000$, although it's not a guarantee, since we have never crossed the 73,738$ mark. Before talking about 100,000$, Bitcoin still has to hit 80,000$ and 90,000$, which aren't easy achievements at all, considering they have never happened before.

If you check September's history yearly, it is not a good month for bitcoin. Also, bitcoin’s performance in Q4 will largely depend on the Fed’s decision to cut interest rates. If they cut rates as planned, we could see strong growth and vice versa. Not only us, the whole world is waiting for news from them this September and December.

Anyway, I feel optimistic and confident about Bitcoin on short run (next year). There are also some other factors to influence Bitcoin price right now, especially US elections, which can boost Bitcoin or not, depending the results.
Yes, I am also more optimistic about next year than I have been the rest of this year.

Regarding the impact of the election, I think whether Trump or Harris wins, nothing will change, the US government will print more money and the market growth is just a matter of time. But if Trump wins and continues to declare his support for bitcoin, things could move faster.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Natalim on August 27, 2024, 11:51:17 PM
I have no doubts that bitcoin will hit $100k in the future, that’s how highly potential bitcoin is. However, due to its volatility, we can’t be certain as to when bitcoin will definitely achieve that price, it could be next year or the following year. But one thing is certain, bitcoin will never fail us with our expectations as long as there’s still high demand for bitcoin, that alone will guarantee that bitcoin will continue to positively navigate in the crypto market despite of its volatility.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: kryptqnick on August 28, 2024, 01:36:27 PM
I have been familiar with BTC since 2012. When I was transection BTC, its price was very low. If those accounts are no longer there because they were on a much earlier device, those devices no longer exist.

I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?
I think it's great that Bitcoin is not just growing in adoption and gradually gaining more value, but it's also doing fairly well with transaction load. There are some periods of really high transaction fees, that's true. And those periods are very annoying. But then there are periods like right now, when the priority fee is $0.25. If I was told in 2017 that BTC transaction fees in 2024 would be $0.25, I would not have believed it. It's truly impressive and a relief. While it doesn't mean that Bitcoin can scale well, it takes the edge off the issue of adopting Bitcoin as money, at least for some purposes and by some businesses.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: tranthidung on August 28, 2024, 02:26:25 PM
I think it's great that Bitcoin is not just growing in adoption and gradually gaining more value, but it's also doing fairly well with transaction load. There are some periods of really high transaction fees, that's true. And those periods are very annoying. But then there are periods like right now, when the priority fee is $0.25. If I was told in 2017 that BTC transaction fees in 2024 would be $0.25, I would not have believed it. It's truly impressive and a relief. While it doesn't mean that Bitcoin can scale well, it takes the edge off the issue of adopting Bitcoin as money, at least for some purposes and by some businesses.
It's like consequence of Bitcoin value and price growth because Bitcoin transaction fee (on-chain) is calculated by fee rate and transaction size. Fee rate is in satoshi and with growth of Bitcoin value and price, satoshi price will become higher (more expensive) so transaction fee will be more expensive with time.

Except if we have some more technical development and solution to make transaction off-chain. Else, we will have to accept more expensive Bitcoin transaction with time. It's not comfortable for people with small capital that will be spent mostly for transaction fee. With rich guys and big capital, transaction fee is not a matter with them.

Meanwhile, learn to make Bitcoin transaction properly can help somewhat.

Minimize your transaction fee with Electrum wallet (https://bitcointalk.org/index.php?topic=5452925.0)


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: TheUltraElite on August 28, 2024, 03:21:06 PM
Bitcoin being decentralized and censorship resistant is become a force to be reckoned with. People are using it and seeing it as good store of value and its adoption is increasing.

Over my last 8years on this forum I am surprised to see the buzz around bitcoin spread from this forum to the commoners I overhear on the bus to work.

I did not expect this much improvement in popularity and use when I first came to this forum, I felt bitcoin would remain in a niche group and not spread more, I was wrong and I was delighted for that.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: TribalBob on August 28, 2024, 03:59:34 PM
I have been familiar with BTC since 2012. When I was transection BTC, its price was very low. If those accounts are no longer there because they were on a much earlier device, those devices no longer exist.

I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?

for 100k$ it can be achieved but not in the current bull run, where we see it is difficult for btc to get a new ATH above 70k$, with so many opinions and news about btc, new investors are not strong enough to hold the btc they have, they may not understand so they let go of their btc because they are afraid of experiencing quite deep losses


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: MeGold666 on August 28, 2024, 04:09:42 PM
...though. It will cross 100k+ very soon. What is your personal opinion about BTC?

What are you talking about, It's already way over $100k...

https://i.postimg.cc/Gtg8r0ZG/1.jpg

In Mexican Peso at least  :D

...hope I don't get a ticket for an outdated joke...


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Obari on August 28, 2024, 05:05:11 PM
I think there is a topic already talking about people’s opinion but regardless every bitcoin enthusiast and holder already wants to see bitcoin doing very well and exceeding $100k and even more but I don’t know why but I wish to be among the train when the price gets to $100k.

I don’t but there have never been time I’ve believed so much in bitcoin compared to now because bitcoin has really proved itself and I don’t know but if I’m to bring someone to the industry, I will confidently tell them to buy bitcoin

...though. It will cross 100k+ very soon. What is your personal opinion about BTC?

What are you talking about, It's already way over $100k...

https://i.postimg.cc/Gtg8r0ZG/1.jpg

In Mexican Peso at least  :D

...hope I don't get a ticket for an outdated joke...

Just came across this after submitting my post and couldn’t stop laughing and since there is a dollar sign there, it’s still dollar regardless of the country dollar 😂


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Alana Arden on August 28, 2024, 05:22:34 PM
The price for Bitcoin is going to go up and down always and this gives an avenue to buy Bitcoin but the people losing are those that refuse to buy because they decided not to believe in Bitcoin hence they miss out on an avenue to make profit. There were people that refused to buy Bitcoin when it was cheaper than it is now and they are angry.
It is happening. I know people who underestimated Bitcoin by refusing to buy it early in its journey. They thought Bitcoin was a scam. But over time, Bitcoin has made new history due to its popularity, privacy, and success. But seeing as Bitcoin's success trajectory is starting to break their mistakes, BTC is breaking all old records and making new ATHs. Which means the water is out of hand; now they cannot afford to buy them. As a result, they are very angry with themselves as well as repentant.

Although BTC is a volatile, unstable, and risky currency, it is currently very popular and in a strong position. None of us can tell the future, but we can hope; there is no doubt it will hit $100k in the future. But it is difficult to say when the right time will come. Maybe the time is too long or too close. But chances of reaching $100k this year are very low.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Questat on August 28, 2024, 05:40:35 PM
I also think that Bitcoin won't hit $100k this year, if we look at the 4-year cycle pattern of BTC, it should be hitting $100k next year (2025) together with making another record of new ATH  before it transitions to the bear market.  With the development of Bitcoin in each country, I think the positive regulation would bring more people to the Bitcoin economy, and if the network congestion problem is solved, I believe Bitcoin will reach a new height of success.

Looks like we won't hit $100k this year since the price itself just stay $65k below. So most probably, we will see new ATH by next year which I think a lot would agree. In fact, there's a possibility that bitcoin could even reach more than $100k, that's how unpredictable and powerful bitcoin is. For now, let's just enjoy some price correction that will enable us to buy more. And for those who have no reserved funds, hodling their bitcoin is still good enough.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: serjent05 on August 28, 2024, 06:23:52 PM
I have been familiar with BTC since 2012. When I was transection BTC, its price was very low. If those accounts are no longer there because they were on a much earlier device, those devices no longer exist.

I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?

for 100k$ it can be achieved but not in the current bull run, where we see it is difficult for btc to get a new ATH above 70k$, with so many opinions and news about btc, new investors are not strong enough to hold the btc they have, they may not understand so they let go of their btc because they are afraid of experiencing quite deep losses

It is till early to say that Bitcoin won't reach $100k  in this current bull run.  Do not be impatient and think that it won't perform what it did in the previous cycles.  We still have the whole year of 2025 to see whether Bitcoin will repeat the history or not. 

It has been observed that the prior year before Bitcoin broke ATH and recorded a new height (peak) of its bull run has to condition itself and perform a sideway seesaw trend before eventually catapulting the price resulting in a new ATH then transitioning to the bear market.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Boodi on August 28, 2024, 07:42:52 PM
I first interested in Bitcoin solely because of how people talk about the gold narrative and it scarcity, I was a bit skeptical. But now the more people believe invest their money in it, I slowly believe that is close to become the digital gold narrative, although it not there yet.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: GiftedMAN on August 28, 2024, 07:55:48 PM
I also think that Bitcoin won't hit $100k this year, if we look at the 4-year cycle pattern of BTC, it should be hitting $100k next year (2025) together with making another record of new ATH  before it transitions to the bear market.  With the development of Bitcoin in each country, I think the positive regulation would bring more people to the Bitcoin economy, and if the network congestion problem is solved, I believe Bitcoin will reach a new height of success.

Looks like we won't hit $100k this year since the price itself just stay $65k below. So most probably, we will see new ATH by next year which I think a lot would agree. In fact, there's a possibility that bitcoin could even reach more than $100k, that's how unpredictable and powerful bitcoin is. For now, let's just enjoy some price correction that will enable us to buy more. And for those who have no reserved funds, hodling their bitcoin is still good enough.

There is a possibility of Bitcoin hitting $100k and above in the nearest future according to the prediction but concerning the price movement has been unstable there is a possibility of Bitcoin dropping below the $60k which we have seen in the last few months which will give more opportunities for buyers and holders as said and we may also experience a positive growth in the price hitting $100k before the end of the year no one can get the actual prediction right now.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: TPS357 on August 28, 2024, 08:24:49 PM
I have been familiar with BTC since 2012. When I was transection BTC, its price was very low. If those accounts are no longer there because they were on a much earlier device, those devices no longer exist.

I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?
Bitcoin will grow more in the future and then you will remember today and regret not investing in Bitcoin in the future. Bitcoin may be sitting at $60,000 today but in the future when the price of Bitcoin is ten times higher, you will be reminded of today over and over again to regret it. I have a firm faith in Bitcoin that one day it will serve as an indicator of the wealth of people on earth, the more bitcoins they have, the richer they will be.

This why I starting to invest money on Bitcoin, I might started it very late compare to most people here, but it's better to be late than to be sorry especially after I learnt about the rise of Bitcoin price throughout these past few years.

I also do not want to regret even more


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: DeathAngel on August 28, 2024, 08:50:34 PM
My opinion is that it is the best investment you can make, not just for its potential to rise in price over the years. Simply being your own bank makes it stand out from the crowd. Can you imagine that being possible in the past. You can send large amounts of money across the world for less than the price of a shipping label. We are still early, Bitcoin is a once in a lifetime opportunity.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Finestream on August 28, 2024, 08:59:06 PM
At the beginning of the Bitcoin journey, it was underestimated. People weren't able to imagine Bitcoin would grow this way. It's surprising for a beginning Bitcoin supporter who joined earlier. Most of them spent their holding, like buying pizza, as we all know the history. But for us, we are witnessing how Bitcoin is growing since we joined later. To imagine a Bitcoin future, we just need to study Bitcoin history. We can't exactly predict the future, but we may imagine where Bitcoin will reach. Once a time, buying one Bitcoin would be a dream. But still, it's at a reasonable price, and we aren't buying. Definitely, we have to regret those who aren't holding Bitcoin. 
That's the most exciting with bitcoin, its market is very unpredictable and yet we're still certain as to where bitcoin's future is heading. No wonder why a lot would crave to own bitcoin because bitcoin is the future. Lucky are those who have bought bitcoin in the early years and have owned a good amount now, but that doesn't mean that beginners have less chances to invest now, of course there's still a lot of opportunities now to invest.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: HelliumZ on August 28, 2024, 09:11:32 PM
I have been familiar with BTC since 2012. When I was transection BTC, its price was very low. If those accounts are no longer there because they were on a much earlier device, those devices no longer exist.

I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?
My Bitcoin journey started for a long time but I started my Bitcoin journey in late 2022. Like you, I've seen a lot of bitcoin price ups and downs but unfortunately failed to find the money to invest in bitcoins. If Bitcoin touches the $100k line in the future I will most likely not have enough money to invest. Because I currently have to maintain my education expenses with my bitcoin income, it will likely be very difficult for me to come up with enough dollars to invest, no matter how much the price rises in the future.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Onyeeze on August 28, 2024, 09:15:25 PM
Bitcoin is good. Despite that I have seen so many coins and even invested in them, at the end of the day I still go back to Bitcoin. Other cryptocurrencies are just like side chicks, while Bitcoin remains the main chick that you will always go back home to  ::)
among all the cryptocurrencies bitcoin is the most volatile coin among all, but the thing is that people don't like to invest on bitcoin due to the ways of increment, I believe that bitcoin as a coin gives rise to most of the coins that people prefer to invest today instead of bitcoin, from my research I found out that why people do like to invest in altcoins is because altcoins when you invest on it and it happens that the coin is progressing in the market you are in better chances of making three times of what you invested from, so I believe that is most reasons people invest in altcoins.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Die_empty on August 28, 2024, 09:26:17 PM
I have been familiar with BTC since 2012. When I was transection BTC, its price was very low. If those accounts are no longer there because they were on a much earlier device, those devices no longer exist.

I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?
The story about early Bitcoin owners losing coins is not new. I don't blame most of them because it would be hard to believe that Bitcoin with get to this extent considering that it was a strange technology. Some lost access to their wallets while others sold the coins they had very cheaply.

Bitcoin is now popular among big institutions and the government. One cannot discuss the financial system, especially investment and currency without mentioning Bitcoin. The price of Bitcoin is unpredictable but it is generally believed that it will get to $100k especially if the global economy recovers. The market might turn green for a long time if the US Federal Reserve reduces interest rates consistently in this last quarter.

among all the cryptocurrencies bitcoin is the most volatile coin among all,
Bitcoin is less volitile than altcoins.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Zanab247 on August 28, 2024, 09:30:05 PM
Quote from: Wonder Work
I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?
I know you didn't take action when you seen the up and down of BTC movement some years ago, because many people thought it will not get to where it is now before it will disappear, but those people that understand what BTC will turn into in the future made a good decision to invested what they can afford to lose. And it has made many people to earn a lot of profits from BTC because they invest when the price was very low and they sold their BTC when price hit higher in the market, and still they are still investing in BTC because they believe, it will go higher more than $100k in the future.

If you have not increase your capital in BTC investment, I will advise you to increase it this year because the price will surprise those who don't believe in the future of BTC.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: adaseb on August 28, 2024, 09:53:05 PM
I used to trade forex and stocks back in 2012. And back then I assumed it was a scam. Because all over the MSM and many finance website, it kept talking about how bitcoin is risky because one day it fell to like $1 during a crash. So I avoided it.

It was years later that someone told me about mining Dogecoin for money and I got interested and bought some GPUs and the rest is history. Later I learnt what bitcoin is all about and been here every since. Its similar to what Trump felt about crypto at first, he didn't like them but years later they grew on him.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Issa56 on August 28, 2024, 10:20:48 PM
I have been familiar with BTC since 2012. When I was transection BTC, its price was very low. If those accounts are no longer there because they were on a much earlier device, those devices no longer exist.
It surprises me that you have been familiar with bitcoin since 2012, and you are just joining the forum this year. Most of the people that knew about bitcoin since the early stage have been on the forum for some time, because whenever you search for some information about bitcoin on Google, then you might be directed to the forum sometimes to get their answer.

I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?
Everyone is expecting bitcoin to be above $100k, but nobody knows when that’s going to happen, and everyone knows that bitcoin is going to perform well in the nearest future. Whenever I meet people, I do tell them that the bitcoin price is still low, and we should see how bitcoin is going to perform in the next maybe 10 years.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Bd officer on August 29, 2024, 01:47:51 AM

I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?
Bitcoin price is increasing day by day, will increase more in future. If we go back 10 years ago then we regret why we didn't invest 10 years ago. 10 years from now will regret the present again. Many people predict that Bitcoin will hit $1 million dollars, I also believe that Bitcoin will definitely hit $1 million dollars in the future. However we may see a bull run soon and Bitcoin may hit $100k in the upcoming bull run. Currently Bitcoin is very reliable, because Bitcoin has been able to recover from huge downs. Bitcoin hit $69k in 2021, dropped to $16k in 2023 but the market recovered within a year. So investing in bitcoins is very low risk, if you can hold for long term you can definitely profit. Bitcoin is currently very popular and will gain more popularity in the future.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: cryptoWODL on August 29, 2024, 03:43:09 AM
I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?
Reviewing the history of Bitcoin we can see how low the price of Bitcoin was in the beginning. Since the creation of Bitcoin, no one could have imagined that the price of Bitcoin would reach such a high level.

We may have gone through a dip season in the market in 2023 as well where the price of one Bitcoin dropped by around $25,000. Since then the price of Bitcoin has steadily increased and the bullish season in the market has made new Bitcoin price history (ATH). I see many members on this forum often saying that Bitcoin price will touch $100k dollars this year. My personal opinion on this is that Bitcoin price going as high or as low as it is not beneficial to you if you don't own Bitcoin. So invest with the funds you have so that you don't have to regret when the price of Bitcoin rises to a higher level later on.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: fuguebtc on August 29, 2024, 07:23:09 AM

I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?
Bitcoin price is increasing day by day, will increase more in future. If we go back 10 years ago then we regret why we didn't invest 10 years ago. 10 years from now will regret the present again. Many people predict that Bitcoin will hit $1 million dollars, I also believe that Bitcoin will definitely hit $1 million dollars in the future. However we may see a bull run soon and Bitcoin may hit $100k in the upcoming bull run. Currently Bitcoin is very reliable, because Bitcoin has been able to recover from huge downs. Bitcoin hit $69k in 2021, dropped to $16k in 2023 but the market recovered within a year. So investing in bitcoins is very low risk, if you can hold for long term you can definitely profit. Bitcoin is currently very popular and will gain more popularity in the future.

If each bitcoin hits $1 million, that would mean bitcoin's market capitalization would be $21 trillion and surpass an asset that has been around for thousands of years, gold. Just because bitcoin has grown millions of percent in the past doesn't mean it will continue to grow that way in the future. I really want that to happen but I really doubt it.

As you said, the bitcoin price dropped from $69k to $16k and rose to $70k. Does that mean bitcoin is very volatile and a 70% drop in bitcoin in a short period of time is considered low risk? I don't think so. Apart from volatility, we need to consider other factors like its legitimacy, popularity and role in the world…all of which suggest that it is a low-risk asset. No asset can give high returns with low risk.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Fivestar4everMVP on August 29, 2024, 10:20:18 AM
I have been familiar with BTC since 2012. When I was transection BTC, its price was very low. If those accounts are no longer there because they were on a much earlier device, those devices no longer exist.

I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?
If actually and truly you've known about bitcoin since 2012, then I can only imagine how rich you must be now, but if you are still not rich yet, then I am very surprised 🤨

Anyways, I feel that saying that Bitcoin will do well in the near future is an under-statement, maybe you've been out of touch with reality and it's only of recent that you came back to your normal self again.
Looking at where bitcoin began it's journey from, and comparing it to where it is today, man, bitcoin has already done really well, it can only continue to do well even further into the future, not that it will do well in the future.

And your prediction of $100k for 1 bitcoin in the very near future is very valid, and I agree with that, though many expected that even as far as some few months back, that the price of bitcoin will hit $100k, it didn't happen then, but from now, this will happen sooner than any of us think.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Ishicryptic on August 29, 2024, 11:24:28 AM
I also think that Bitcoin won't hit $100k this year, if we look at the 4-year cycle pattern of BTC, it should be hitting $100k next year (2025) together with making another record of new ATH  before it transitions to the bear market.  With the development of Bitcoin in each country, I think the positive regulation would bring more people to the Bitcoin economy, and if the network congestion problem is solved, I believe Bitcoin will reach a new height of success.

That is what the market looks like, as for some time ago when we had a little bull season which made it look like hitting $100k is not much of a problem, now we see how difficult it is even for the market to maintain it's price at $60k, this clears all assumptions if truly Bitcoin will cross $100k, the charts and price movements doesn't guarantee the price of Bitcoin to reach such level. We must try to remain positive, can't stay forever on this declined market definitely we are going to raise a new ATH other than what we have as of now.
I have developed a positive mindset about Bitcoin by believing that no matter how long it remains in dip that there's certainty that it will rise again to reach new ATH, so I don't worry about when price will reach $100k. My strategy is buy as much as I can in this dip, hodl and wait for bull run when I will see the reward for my wait in returns on investment. My opinion about Bitcoin investment is that it is a store of value that you hodl for a long term to see profit from it so short term speculations is not a problem for me because I don't plan to sale during dip. The plan remains buy, hodl and wait till I see my anticipated price.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Obim34 on August 29, 2024, 12:19:19 PM
Bitcoin is good. Despite that I have seen so many coins and even invested in them, at the end of the day I still go back to Bitcoin. Other cryptocurrencies are just like side chicks, while Bitcoin remains the main chick that you will always go back home to  ::)
among all the cryptocurrencies bitcoin is the most volatile coin among all, but the thing is that people don't like to invest on bitcoin due to the ways of increment, I believe that bitcoin as a coin gives rise to most of the coins that people prefer to invest today instead of bitcoin, from my research I found out that why people do like to invest in altcoins is because altcoins when you invest on it and it happens that the coin is progressing in the market you are in better chances of making three times of what you invested from, so I believe that is most reasons people invest in altcoins.
Right now we may not come to the agreement that Bitcoin is the most volatile, we can count a few more cryptocurrency that has recorded higher percentage of volatility compared to Bitcoin. Those who would prefer Altcoins rather than Bitcoin are those who do not value their investment capital, why would I think to DCA my income into something that ends up being a probability of giving profits or not whereas with Bitcoin there is 100%  assurance of making profits. Sometimes we have to tear out from greed and commit to where our funds are safe, Bitcoin may not give X3 or X10 in a shorter time frame but definitely it will while holding but yet investors are not meant to incur any form of losses compared to most cryptocurrency especially to those not correlated with Bitcoin.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: CageMabok on August 29, 2024, 12:31:25 PM
I have been familiar with BTC since 2012. When I was transection BTC, its price was very low. If those accounts are no longer there because they were on a much earlier device, those devices no longer exist.
That's quite a long time and I think you have felt so many benefits from Bitcoin after knowing it from that year until now, but why didn't you decide to enter this forum at that time to get more knowledge and income through the forum? because in the past there must have been many programs that were quite profitable for many people including people who like to collect Bitcoin.

Quote
I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?
Bitcoin will indeed remain good without having to be given an opinion from anyone because it has been clearly seen at this time through Bitcoin's journey since it was created until now. So without giving an opinion, Bitcoin has shown that it can get better over time because there are many fans who really like to buy and store Bitcoin in large amounts at the moment.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Peanutswar on August 29, 2024, 03:15:09 PM
I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?

It seems not this year because the price of the bitcoin after the halving most likely next year before it rose up with your prediction of 100k I guess its not impossible we know how people keep continuously supporting the use of the bitcoin as investment into projects and payments, as you were saying that you know bitcoin already did you hold up your coins too since you know it or you are just getting accumulation right now after you've seen the potential of it?.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Hamza2424 on August 29, 2024, 03:23:04 PM
I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?

In general, Bitcoin is cool, it's great it's the hope for many. Here I'm not from those people who exaggerate the Bitcoin investment as the ultimate path of financial freedom or the global financial system's savior, it's a possibility but it's like 1 in thousands. We'd need Doctor Strange or Time Stone to check out all possibilities.

For the Bitcoin's market valuation, I'm pretty confident with crossing over 100k in this cycle and for sure we are gonna hit an optimistic target of 120k by the end of this cycle in my personal speculation and analysis.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Luzin on August 29, 2024, 03:40:16 PM
In general, Bitcoin is cool, it's great it's the hope for many. Here I'm not from those people who exaggerate the Bitcoin investment as the ultimate path of financial freedom or the global financial system's savior, it's a possibility but it's like 1 in thousands. We'd need Doctor Strange or Time Stone to check out all possibilities.

Bitcoin has an ever-increasing value and trust so that Bitcoin is trusted. Trust in the repetitive cycle is a great hope for the owner, including me. What is the motive? Honestly I got into crypto because the value of Bitcoin is not the technology. I need money to improve my economic condition. I think very few people are concentrating on the technology. Today Bitcoin has become a pioneer in the crypto industry.

For the Bitcoin's market valuation, I'm pretty confident with crossing over 100k in this cycle and for sure we are gonna hit an optimistic target of 120k by the end of this cycle in my personal speculation and analysis.

Then regarding the price, if taken into account from the previous phase, the price is quite realistic. But I also believe this Bitcoin will always have surprises that are difficult to predict.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: LogitechMouse on August 29, 2024, 04:07:00 PM
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I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?
My personal opinion about Bitcoin? Hmmm what can I say about it.

Bitcoin is the future. Bitcoin is the new Gold. Bitcoin is the way for us average Joe's to become rich. Bitcoin will help us be a millionaire. Bitcoin is the way, the truth and the light (I'm kidding on this one). Bitcoin?? You know what? Just invest into it. :P

Kidding aside, Bitcoin is in good hands... for now because we don't know what can happen on it in the following decades. Bitcoin will reach $100,000 that's for sure. It's only a matter of time until it reaches that price. I wonder where are those anti-Bitcoin back a few years ago are now. Those who are saying that "Bitcoin is dead" or "Bitcoin will go to 0" blah blah. Well, it's rare to see a user here that's newbie ranked but has been involved into Bitcoin already for more than a decade.

Can I ask you OP if you bought Bitcoin in 2012? If yes, did you manage to hold it until now, or you're like the other early adopters as well who sold their Bitcoins when they saw that they doubled or tripled their money already.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Z_MBFM on August 29, 2024, 04:07:20 PM
I have been familiar with BTC since 2012. When I was transection BTC, its price was very low. If those accounts are no longer there because they were on a much earlier device, those devices no longer exist.

I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?
I have been into Cryptocurrencies since late 2017 when Bitcoin first had a big ATH of $20k then Bitcoin price went down to $3200 I saw that but I was still too stupid that's why I didn't buy and hold Bitcoin then. Then again Bitcoin made a huge ATH to $68k and then again went down to below $16k.  Although at that time I planned that if the price of Bitcoin dropped to $12k I would buy 1 whole Bitcoin. However, my hope was not fulfilled as the price of Bitcoin then rose again.  And then it doesn't go below $50k anymore. This is my story with Bitcoin.  But now I am saving some money in Bitcoin as per DCA strategy


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: BABY SHOES on August 29, 2024, 04:07:40 PM
Try to imagine that you don't sell bitcoin from 2012 at least until 2017 you will become rich... But that's the past that is difficult to repeat again when looking forward.

Personal opinion about BTC to the price of $100K has become a belief so until now to keep HODL even though now the price of bitcoin is higher than before, we still want a 3-digit number in 2025, so we wait to see where bitcoin grows during this time.

Yeahh bitcoin is already popular whether Donald Trump supports more and more news about bitcoin being introduced.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: m2017 on August 29, 2024, 04:52:27 PM
What is your personal opinion about BTC?
On this forum, almost everyone will have a positive opinion about bitcoin (and what did you expect on a forum called bitcointalk?) and everyone's expectations are also connected with the future growth of bitcoin.

Talks about overcoming the $100k mark have been going on for so long that even non-believers in this forum have already believed in the probability of this. :) I am one of those who assumes that bitcoin will reach this level, but I doubt that in the near future. Certainly not tomorrow or the day after tomorrow, but probably within the next year or year and a half.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Hamza2424 on August 29, 2024, 05:20:47 PM
Then regarding the price, if taken into account from the previous phase, the price is quite realistic. But I also believe this Bitcoin will always have surprises that are difficult to predict.

Hmm, that would be really great if we could experience such surprises from Bitcoin, but still, I believe we should not fall into the greed trap, a realistic approach is always risk-free and reliable.

Yeahh bitcoin is already popular whether Donald Trump supports more and more news about bitcoin being introduced.

Such news should be categorized under political statements and emotional triggers, these statements should not be treated as reliable possible developments, because most of these statements are used in marketing and political campaigns. Bitcoin was popular and Bitcoin is popular on top of that Bitcoin will always be popular.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Marykeller on August 29, 2024, 06:30:47 PM
I have been familiar with BTC since 2012. When I was transection BTC, its price was very low. If those accounts are no longer there because they were on a much earlier device, those devices no longer exist.

I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?
Keep hodling, apply a DCA strategy, be patient and don't lose focus on your long term goal of selling Bitcoin at a high price. Bitcoin is crossing a $100k benchmark, but we don't know how soon it will be. All eyes are for it to happen next year probably. You can believe that if you want, to use this time Bitcoin is fluctuating at a price range of $59k-61k, to buy additional satoshi at a discount price weekly or monthly depending on how spare money enters your pocket


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Richbased on August 29, 2024, 07:14:32 PM

Personal opinion about BTC to the price of $100K has become a belief so until now to keep HODL even though now the price of bitcoin is higher than before, we still want a 3-digit number in 2025, so we wait to see where bitcoin grows during this time.

Yeah, this is a time to hodl if possible accumulate more Bitcoins because the price will surely reach $100k and even above in 2025 so what will make us to be excited when the price reach $100k is the amount of Bitcoins we have in our custody. People should not be too anxious about the price of Bitcoin getting to $100k because if we are to check the progress of Bitcoin from the past until now, it has recorded significant growth and increase in it's awareness as many people are investing in Bitcoin and it has become the fastest growing assets so far as digital assets and cryptocurrency is concerned so we should go for value and not just some hype coins that can't stand in the market for a long time and don't have market values.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Baki202 on August 29, 2024, 07:33:40 PM
It seems not this year because the price of the bitcoin after the halving most likely next year before it rose up with your prediction of 100k I guess its not impossible we know how people keep continuously supporting the use of the bitcoin as investment into projects and payments, as you were saying that you know bitcoin already did you hold up your coins too since you know it or you are just getting accumulation right now after you've seen the potential of it?.

The expectation for 100k was high this year even with halving and ETF but their was an increase but not people's expectation, we know it will happen but no one knows when it is going to happen, I noticed that it is when you are expecting too much that is when it will not even happen, and I have learned to always reduce my expectation, so that if it does not work according to plan it will then be easily accepted and you will move on, no matter the disappointment that bitcoin will come with people are still going to invest in it that is just people for you, they already know the value of bitcoin and they will never do anything happen to their assets they will continue to hold and that is one thing about those that are investing in bitcoin they take holding very seriously. And for the fact that their is a mark that bitcoin will hit 100k people will do everything possible to hold till it hits that line, since business needs to be taking seriously.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Asiska02 on August 29, 2024, 08:39:31 PM
I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?

No one ever imagined that and also the earliest adopters of bitcoin didn’t know that it will be something so big today and have such a very big value in price. Bitcoin is going to cross the $100K mark, this is what almost everyone believes because of how bitcoin have came to be today since inception of it. When and how it’ll happen is what becomes unknown to everyone and people making use of past experiences of the market to predict what they think. I also have the same thoughts of it happening anytime soon, by end of the year or early next year but the exact time still unknown to us all, so let it be a predictive value and not a certainty yet until the market plays out by itself.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: SOKO-DEKE on August 29, 2024, 08:56:52 PM

It seems not this year because the price of the bitcoin after the halving most likely next year before it rose up with your prediction of 100k I guess its not impossible we know how people keep continuously supporting the use of the bitcoin as investment into projects and payments, as you were saying that you know bitcoin already did you hold up your coins too since you know it or you are just getting accumulation right now after you've seen the potential of it?.


Bitcoin is not something anyone can predict. People making predictions are just doing so based on some factors, but almost all the time, they still get it wrong. A lot of people were expecting Bitcoin to reach $100k this year. In fact, some even think it can surpass $100k. However, I would never judge anyone wrong because anything can happen with Bitcoin prices. Bitcoin prices are determined by demand, and it's possible that some companies could come up and invest a certain amount in Bitcoin.Similarly, some people who have invested huge amounts could decide to sell some portion of their Bitcoin, which could cause the market price to dump. So, it's better to continue accumulating Bitcoin with what you can afford to lose rather than focusing on when Bitcoin will reach $100k. We should just acknowledge that Bitcoin prices are hard to predict, so Bitcoin reaching $100k this year is both possible and not possible.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Maslate on August 29, 2024, 09:21:00 PM

I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?
Bitcoin price is increasing day by day, will increase more in future. If we go back 10 years ago then we regret why we didn't invest 10 years ago. 10 years from now will regret the present again. Many people predict that Bitcoin will hit $1 million dollars, I also believe that Bitcoin will definitely hit $1 million dollars in the future. However we may see a bull run soon and Bitcoin may hit $100k in the upcoming bull run. Currently Bitcoin is very reliable, because Bitcoin has been able to recover from huge downs. Bitcoin hit $69k in 2021, dropped to $16k in 2023 but the market recovered within a year. So investing in bitcoins is very low risk, if you can hold for long term you can definitely profit. Bitcoin is currently very popular and will gain more popularity in the future.

There's no doubt with that bitcoin will eventually reach a million in the future. But of course, let's not anticipate that the process will be all smooth since we all know how price correction or market crash will pull its price down again until bitcoin manage to recovers. But as long as bitcoin has proven to still offer huge potentials, then it will definitely be here for long.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Ale88 on August 29, 2024, 11:22:35 PM
Now concerning the bitcoin bull, I don't really think that bitcoin will be hitting the $100k mark  anytime so soon or rather this year. It's definitely going to take a while based on some certain price movements this year. If you can recall vividly, bitcoin hit the $78k mark recently this year which was the major bull price I speculated this year . Anyways hitting a 100k would be nice though I don't see it too soon this year.
I agree with you, I don't think we'll see the $100k this year, way more chances during 2025, maybe around mid year. Let's not forget that in order to reach such number we need a very big injection on money in the market, pushing bitcoin from $1k to $10k is kind of easy, doing the same but from $10k to $100k is a different thing.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Marvell1 on August 30, 2024, 08:07:10 AM

Bitcoin price is increasing day by day, will increase more in future. If we go back 10 years ago then we regret why we didn't invest 10 years ago. 10 years from now will regret the present again. Many people predict that Bitcoin will hit $1 million dollars, I also believe that Bitcoin will definitely hit $1 million dollars in the future. However we may see a bull run soon and Bitcoin may hit $100k in the upcoming bull run. Currently Bitcoin is very reliable, because Bitcoin has been able to recover from huge downs. Bitcoin hit $69k in 2021, dropped to $16k in 2023 but the market recovered within a year. So investing in bitcoins is very low risk, if you can hold for long term you can definitely profit. Bitcoin is currently very popular and will gain more popularity in the future.

There's no doubt with that bitcoin will eventually reach a million in the future. But of course, let's not anticipate that the process will be all smooth since we all know how price correction or market crash will pull its price down again until bitcoin manage to recovers. But as long as bitcoin has proven to still offer huge potentials, then it will definitely be here for long.

As Ale88 said below, the price of bitcoin can increase very easily from $1 to $10, but from $10 to $100, or from $100k to $1 million, will be a much more difficult task. We need a large amount of money to pump into the market, which is not as simple as we think.
The total capitalization of the US stock market is $50 trillion and if bitcoin hits $1 million, that means bitcoin's capitalization will be half the capitalization of the US stock market. That's a huge number and makes me doubt this.
Not to mention, we haven't even crossed the $100k target yet and if I remember correctly this target was mentioned from the previous bull run but we haven't reached it so far. So we need to achieve one goal at a time instead of making bold statements.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: jaberwock on August 30, 2024, 11:18:02 AM
My personal opinion about Bitcoin? Hmmm what can I say about it.

Bitcoin is the future. Bitcoin is the new Gold. Bitcoin is the way for us average Joe's to become rich. Bitcoin will help us be a millionaire. Bitcoin is the way, the truth and the light (I'm kidding on this one). Bitcoin?? You know what? Just invest into it. :P

Kidding aside, Bitcoin is in good hands... for now because we don't know what can happen on it in the following decades. Bitcoin will reach $100,000 that's for sure. It's only a matter of time until it reaches that price. I wonder where are those anti-Bitcoin back a few years ago are now. Those who are saying that "Bitcoin is dead" or "Bitcoin will go to 0" blah blah. Well, it's rare to see a user here that's newbie ranked but has been involved into Bitcoin already for more than a decade.

Can I ask you OP if you bought Bitcoin in 2012? If yes, did you manage to hold it until now, or you're like the other early adopters as well who sold their Bitcoins when they saw that they doubled or tripled their money already.
To be fair, a lot of people in the crypto think the way you think, that's what we believe about bitcoin to be true and I think the best way to move forward would be just realizing that crypto is the new age investment opportunity that we do not want to miss. It's clear enough that a lot of us are very much in love with bitcoin, and we try to make as much money from it as we can, it is not an easy thing to handle and I know that it will take a while but it can be done.

We are just going to end up with something that takes a bit of a time. Hopefully things will not be too difficult for the future, we have some clear cycle so far and that should help us with everything to a point, if we know what we are dealing with, then we could be fine.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: glendall on August 30, 2024, 02:42:47 PM
I have been familiar with BTC since 2012. When I was transection BTC, its price was very low. If those accounts are no longer there because they were on a much earlier device, those devices no longer exist.

I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?

for 100k$ it can be achieved but not in the current bull run, where we see it is difficult for btc to get a new ATH above 70k$, with so many opinions and news about btc, new investors are not strong enough to hold the btc they have, they may not understand so they let go of their btc because they are afraid of experiencing quite deep losses

It is till early to say that Bitcoin won't reach $100k  in this current bull run.  Do not be impatient and think that it won't perform what it did in the previous cycles.  We still have the whole year of 2025 to see whether Bitcoin will repeat the history or not. 

It has been observed that the prior year before Bitcoin broke ATH and recorded a new height (peak) of its bull run has to condition itself and perform a sideway seesaw trend before eventually catapulting the price resulting in a new ATH then transitioning to the bear market.

Everyone can give their opinion whether they believe or not if BTC can reach 100k$ in 2025, but the point is we just have to wait for the breakthrough from BTC, maybe right now we see BTC often getting FUD from various aspects, but if investors are sure I also believe in 100k$ for BTC in 2025, everything is out of control full of surprises


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Tmoonz on August 30, 2024, 03:43:30 PM
I have been familiar with BTC since 2012. When I was transection BTC, its price was very low. If those accounts are no longer there because they were on a much earlier device, those devices no longer exist.

I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?
Bitcoin will grow more in the future and then you will remember today and regret not investing in Bitcoin in the future. Bitcoin may be sitting at $60,000 today but in the future when the price of Bitcoin is ten times higher, you will be reminded of today over and over again to regret it. I have a firm faith in Bitcoin that one day it will serve as an indicator of the wealth of people on earth, the more bitcoins they have, the richer they will be.

Surely those that didn't invest in Bitcoin at it's earliest days must have been regretting today seeing at what Bitcoin is today and the same will definitely happen to those who has failed, refusing to see the very true potentials that Bitcoin holds today on seeing what will become of Bitcoin tomorrow though there is no guarantee but Bitcoin has really proven to be a good coin that worth investing. However, it is not for everybody hence anyone can do whatever they want as regards to investing on Bitcoin not, Bitcoin has really gained more wider spread adoption and increments in value of which anyone should have seen it to be a good coin beyond every reasonable doubt.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Zanab247 on August 30, 2024, 04:19:25 PM
Quote from: Maslate
Quote from: Bd officer
Quote from: Wonder Work

I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?
Bitcoin price is increasing day by day, will increase more in future. If we go back 10 years ago then we regret why we didn't invest 10 years ago. 10 years from now will regret the present again. Many people predict that Bitcoin will hit $1 million dollars, I also believe that Bitcoin will definitely hit $1 million dollars in the future. However we may see a bull run soon and Bitcoin may hit $100k in the upcoming bull run. Currently Bitcoin is very reliable, because Bitcoin has been able to recover from huge downs. Bitcoin hit $69k in 2021, dropped to $16k in 2023 but the market recovered within a year. So investing in bitcoins is very low risk, if you can hold for long term you can definitely profit. Bitcoin is currently very popular and will gain more popularity in the future.

There's no doubt with that bitcoin will eventually reach a million in the future. But of course, let's not anticipate that the process will be all smooth since we all know how price correction or market crash will pull its price down again until bitcoin manage to recovers. But as long as bitcoin has proven to still offer huge potentials, then it will definitely be here for long.
I agree that BTC will hit million in the nearest future, but it will take majority of people to hodl their BTC till the price hit million, than to be using any bull season to sell their BTC and wait for another bear to come before they can buy to continue to be part of BTC investors. If BTC can rise from low price to this current price $60k, I don't think there is any challenges that will make people not to continue to buy and sell BTC because they know that bull run is not all the time it happen in the market and likewise the bear run too has is own season which people use to buy BTC from the season.

Since many countries are enjoying the rewards that attached to BTC transactions, I guess it will surely go round the whole world for city, town and villages to make BTC a legal tender and it will make them to stay long in their business to be accepting BTC as payment in their various businesses.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: coolcoinz on August 30, 2024, 04:26:58 PM
Now concerning the bitcoin bull, I don't really think that bitcoin will be hitting the $100k mark  anytime so soon or rather this year. It's definitely going to take a while based on some certain price movements this year. If you can recall vividly, bitcoin hit the $78k mark recently this year which was the major bull price I speculated this year . Anyways hitting a 100k would be nice though I don't see it too soon this year.
I agree with you, I don't think we'll see the $100k this year, way more chances during 2025, maybe around mid year. Let's not forget that in order to reach such number we need a very big injection on money in the market, pushing bitcoin from $1k to $10k is kind of easy, doing the same but from $10k to $100k is a different thing.

100k is purely psychological, the way $10k used to be and 1k before than and then of course the famous $100. I'll give you guys something to think of.

Are you aware that all bitcoin available on exchanges is just 2.4 million and dropping? It used to be 2.7M earlier this year. At current state of things a buy of 300 million dollars would make bitcoin regain $70k instantly through a short squeeze. This is not even a billion dollars!
There are over 3000 billionaires in the world who could single-handly do that. 3000 people that could alone make bitcoin reach ATH. Let that sink in.
100k is nothing. I'm sure we'll see 500k and more.



Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Mia Chloe on August 30, 2024, 04:39:00 PM
100k is purely psychological, the way $10k used to be and 1k before than and then of course the famous $100. I'll give you guys something to think of.

Are you aware that all bitcoin available on exchanges is just 2.4 million and dropping? It used to be 2.7M earlier this year. At current state of things a buy of 300 million dollars would make bitcoin regain $70k instantly through a short squeeze. This is not even a billion dollars!
There are over 3000 billionaires in the world who could single-handly do that. 3000 people that could alone make bitcoin reach ATH. Let that sink in.
100k is nothing. I'm sure we'll see 500k and more.
What are the chances?
You write from an economic view which is very reasonable however no one said it isn't possible rather my point is what exactly are the chances? Bitcoin is a crypto currency and thus very volatile. Yeah I agree with you, the whole stuff is psychological take for example a meme coin enthusiast who is also a bitcoin hater saying bitcoin will fall to 30k this year?

Obviously there is an infinitesimal possibility that it would happen however the chances are way too thin and you a bitcoin enthusiast will definitely disagree with him and that's because the infinitesimal chance to you is just zero say way a bitcoin hater sees the chances of 100k happening as near zero.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: CageMabok on August 30, 2024, 04:43:52 PM
Everyone can give their opinion whether they believe or not if BTC can reach 100k$ in 2025, but the point is we just have to wait for the breakthrough from BTC, maybe right now we see BTC often getting FUD from various aspects, but if investors are sure I also believe in 100k$ for BTC in 2025, everything is out of control full of surprises
A price that high is still the hope of many people next year, especially for those who have held a lot of Bitcoin and I personally also believe that Bitcoin can reach a price level that high as long as the moment and market conditions have really recovered and improved at the end of this year or at least in the last quarter of this year. Because a price that high will definitely not reach it in just one or two days if Bitcoin is currently still in the range of $58K to $60K so everyone still needs to be patient to see other big surprises in Bitcoin in a different year.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: South Park on August 30, 2024, 06:23:18 PM
I have been familiar with BTC since 2012. When I was transection BTC, its price was very low. If those accounts are no longer there because they were on a much earlier device, those devices no longer exist.

I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?
In fact the thing that surprises me the most about bitcoin is how it got popular so fast, since there is no marketing campaign or a centralized company trying to push it to consumers, all of this has happened because politicians keep implementing policies that benefit them and those that have close ties with them, while they ignore the rest of the population, so many of us have reacted to that and decided that it is better to invest in bitcoin and store in our wallet than to keep it in a bank.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: tread93 on September 01, 2024, 12:19:37 PM
I have been familiar with BTC since 2012. When I was transection BTC, its price was very low. If those accounts are no longer there because they were on a much earlier device, those devices no longer exist.

I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?

Bitcoin is maturing very nicely and it’s grown on most folks who were skeptical. If anything individuals are more skeptical now more so than corporations and I think that’s saying something. It’s gained adoption and a way is being paved for further growth, these are very fun times to see and it’s nice to see such an overall positive outlook I think. As far as crossing 100k it’s only a matter of time!


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Dr.Osh on September 01, 2024, 01:28:03 PM
Well, if we look at the price range from the past to the present, then we will conclude that, the price of bitcoin will most likely reach $100k. However, we still don't know when that will happen.
I have also known bitcoin for quite a long time, and have made transactions when the price was still below $10k. In addition, the price of tens of thousands of dollars also still sounds quite difficult because the price of bitcoin fluctuates below that price. However, over time, the price of bitcoin has increased, and is currently targeting $100k.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: pawanjain on September 01, 2024, 02:04:18 PM
I have been familiar with BTC since 2012. When I was transection BTC, its price was very low. If those accounts are no longer there because they were on a much earlier device, those devices no longer exist.

I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?

I have known about bitcoin since 2015 and I have seen the ups and downs since then.
Just like many others, I had my doubts on bitcoin when it initially dumped but then the faith restored when bitcoin price recovered.
Since then I had my belief on bitcoin and I have been trying to accumulate bitcoin with my pocket money.
With bitcoin, it's just a matter of when. Sooner or later it will achieve the targets we have in mind.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Blitzboy on September 01, 2024, 03:25:40 PM
Quote from: Maslate
Quote from: Bd officer
Quote from: Wonder Work

I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?
Bitcoin price is increasing day by day, will increase more in future. If we go back 10 years ago then we regret why we didn't invest 10 years ago. 10 years from now will regret the present again. Many people predict that Bitcoin will hit $1 million dollars, I also believe that Bitcoin will definitely hit $1 million dollars in the future. However we may see a bull run soon and Bitcoin may hit $100k in the upcoming bull run. Currently Bitcoin is very reliable, because Bitcoin has been able to recover from huge downs. Bitcoin hit $69k in 2021, dropped to $16k in 2023 but the market recovered within a year. So investing in bitcoins is very low risk, if you can hold for long term you can definitely profit. Bitcoin is currently very popular and will gain more popularity in the future.

There's no doubt with that bitcoin will eventually reach a million in the future. But of course, let's not anticipate that the process will be all smooth since we all know how price correction or market crash will pull its price down again until bitcoin manage to recovers. But as long as bitcoin has proven to still offer huge potentials, then it will definitely be here for long.
I agree that BTC will hit million in the nearest future, but it will take majority of people to hodl their BTC till the price hit million, than to be using any bull season to sell their BTC and wait for another bear to come before they can buy to continue to be part of BTC investors. If BTC can rise from low price to this current price $60k, I don't think there is any challenges that will make people not to continue to buy and sell BTC because they know that bull run is not all the time it happen in the market and likewise the bear run too has is own season which people use to buy BTC from the season.

Since many countries are enjoying the rewards that attached to BTC transactions, I guess it will surely go round the whole world for city, town and villages to make BTC a legal tender and it will make them to stay long in their business to be accepting BTC as payment in their various businesses.

Bitcoin is becoming an important part of economic growth and stability as the financial world changes. From its beginnings to its current high value, its a story of how the economy can change and how to make smart investments.

Bitcoin's promise for investors and the world economy grows every time it gets better. Hodling, or not selling Bitcoin when the market is high, is a form of strategic patience that could hurt Bitcoin's security and ability to be used by most people. Focus on the long-term goal and the bigger effects of widespread acceptance instead of the short-term wins.

Countries that use Bitcoin as money are at the forefront of a major change in the way money is handled. This brave move could start a new era of financial inclusion. Because of this, all communities, from big cities to small towns, need to adopt this technology. Its not a trend for stores to accept Bitcoin as payment; its a big change that will affect the economy's growth and stability.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: wahyuagung26 on September 01, 2024, 08:06:05 PM
Bitcoin is not something anyone can predict. People making predictions are just doing so based on some factors, but almost all the time, they still get it wrong. A lot of people were expecting Bitcoin to reach $100k this year. In fact, some even think it can surpass $100k. However, I would never judge anyone wrong because anything can happen with Bitcoin prices.

 Honestly there is no strong prediction in talking about what will happen to Bitcoin next, the prediction is only done by those who continue to see the movement of the graph and compare it with several scenarios that occur, and this is a fluctuating thing where the predictions will be very difficult to guess and almost all of them are not true. Actually here anything will happen in terms of its movement, it is possible to exceed the statement that people always talk about Bitcoin will get a value of $ 100k this year.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Smartvirus on September 01, 2024, 08:40:13 PM
Eventually, if you’re hodling Bitcoin, you’re in it for the high price. You can’t be hodling if you’re not expecting a price appreciation. You don’t get to spend a currency that is so volatile and have potentials of doubling or tripling in its value with time.
Which ever price one might set for it, it’s just convenient but, be ready to do the time it would take and even then, know it’s not the bench mark. Bitcoin have got the potent to go even farther with its scares nature and volatility.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Raflesia on September 01, 2024, 09:20:34 PM

I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?
Until now the progress is still quite steady and for $100k we actually still have to wait for it but with the current situation and the progress that is still visible, sooner or later this will definitely happen.
All we have to need now is patience because after all to make bitcoin hope to $100k is actually very possible in the future but whether we are able or not to wait.

Many people expect a rapid increase to get to that price but in the end the progress of the $100k price has been discussed even since 2022 so the key is to wait for now. $100k is bound to happen but many people are not too patient and have high expectations because the hope of getting quick profits is always in mind and this is actually something that should be minimized a little so as not to feel too deep disappointment when the process is not as easy as imagined.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: sunsilk on September 01, 2024, 09:26:06 PM
The majority of us are expecting to see Bitcoin to $100k maybe at the end of this year or by next year, it is at least for this cycle that it's going to be that high.

It looks unlikely now because the looks of it are bearish with the drops that we're having. But we also know how Bitcoin goes because of being volatile, the movement of it from time to time might not be the same.

And when it moves like a skyrocket, we knew that sky is the only limit for its high prices every cycle that it is having.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Viscore on September 01, 2024, 09:43:23 PM
The majority of us are expecting to see Bitcoin to $100k maybe at the end of this year or by next year, it is at least for this cycle that it's going to be that high.

It looks unlikely now because the looks of it are bearish with the drops that we're having. But we also know how Bitcoin goes because of being volatile, the movement of it from time to time might not be the same.

And when it moves like a skyrocket, we knew that sky is the only limit for its high prices every cycle that it is having.
That's the most advantage we have with bitcoin, its high volatility. That even if it drops to its lowest price, there will always be chances to see it surging high again and skyrocketing, until it reaches its new all time high. Unlike with altcoins, once we see their prices dropping so low, its only few of them who will recover then and the rest will definitely turn into deal altcoins or shitcoins.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: mirakal on September 01, 2024, 09:51:49 PM
Now concerning the bitcoin bull, I don't really think that bitcoin will be hitting the $100k mark  anytime so soon or rather this year. It's definitely going to take a while based on some certain price movements this year. If you can recall vividly, bitcoin hit the $78k mark recently this year which was the major bull price I speculated this year . Anyways hitting a 100k would be nice though I don't see it too soon this year.
I agree with you, I don't think we'll see the $100k this year, way more chances during 2025, maybe around mid year. Let's not forget that in order to reach such number we need a very big injection on money in the market, pushing bitcoin from $1k to $10k is kind of easy, doing the same but from $10k to $100k is a different thing.
$100k is just too good to be true for this year. Although it's actually possible to achieve, but most likely it won't be happening soon. My target for this year is that bitcoin would at least reach $70k-$75k at the end of this year, that way it will be quite easier for bitcoin then to reach $100k by next year, it would be by midyear or in the year end.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: sunsilk on September 01, 2024, 10:33:02 PM
The majority of us are expecting to see Bitcoin to $100k maybe at the end of this year or by next year, it is at least for this cycle that it's going to be that high.

It looks unlikely now because the looks of it are bearish with the drops that we're having. But we also know how Bitcoin goes because of being volatile, the movement of it from time to time might not be the same.

And when it moves like a skyrocket, we knew that sky is the only limit for its high prices every cycle that it is having.
That's the most advantage we have with bitcoin, its high volatility. That even if it drops to its lowest price, there will always be chances to see it surging high again and skyrocketing, until it reaches its new all time high. Unlike with altcoins, once we see their prices dropping so low, its only few of them who will recover then and the rest will definitely turn into deal altcoins or shitcoins.
That is because they will always be willing to catch those falling prices and are set with the buy order if ever the price drops a lot.

As with my experience holding Bitcoin and with all of the skyrocketing and plunging of it, there will be disappointing times that we'll see about it because of the FUD that circulates on the web.

But then, your stronger thoughts about it shall make you calm and that's why even for years of holding, many have already decided for themselves to treat Bitcoin as that.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: maxreish on September 01, 2024, 11:16:56 PM
I've known Bitcoin for 9 years now. When my brother introduced BTC for the first time, I wasn't hesitant to buy and keep some of it. Now we're gaining profits repeatedly from our HODL. Then, I managed to influenced some of my colleagues and relatives. But patience is the key to gain  the profit that what we have set. Some did'nt manage to hodl for so long and did not even have the wide patience.

Now, I am still buying at the deep. Set some goals, withdraw profits and then rebuy again.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: EluguHcman on September 02, 2024, 02:15:43 AM
Even when I learnt of Bitcoin at 2014, I was using a Feature or the Basic feature phone which can not support the downloads of crypto wallets due to the awkward development then and there are as not no much exposures of technologies then besides... Bearing the risks to Invest on Bitcoin even an equivalent of $1 was there affordable to take the risk of investing on the Bitcoin because those financially and more educated than I am never took the lead in the first place probably so then we as less privilege could follow up.

Literally it all points at distrust of the digital financial technology of the Bitcoin then because it was unimaginable that there could be realistic digital currency like that and also the feasibility of to trust investing on technology by which we can not get accessible devices to the required internet sites.

After evolution and advancement of existences, I have come to learn basically of what the Bitcoin is about. It actually feels so late for me to pick interest after learning it was such a financial technology that could be acquired with $0, it  began to gain values up to $0.09 til $770 in 2014 when I heard of it. Yet I persisted my doubts not til 2016-2017 when I began I pick courage in risk bearing and learning potential new technical ideals and then I developed interest to invest on the Bitcoin but yet there was no one around me to norture me with the desire and then there it died.

2018 I learnt from a cousin about earning free Bitcoin on bounty projects which I participated but was not achievable because I needed a free trial to testified the legitimacy of the Bitcoin and then I felt distrusted again.
Time keep going where a lot of people around had been testifying about the rewards of Bitcoin which ignited me to key in serious research and then lately someone introduced me to this forum where I can learn of Bitcoin myself amidst professional and whale investors. Then I diubts about Bitcoin was wiped off where it becomes feasible about the lucrative and a commodity realistic ness of the true Bitcoin.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Going Up on September 02, 2024, 02:35:39 AM
I have been familiar with BTC since 2012. When I was transection BTC, its price was very low. If those accounts are no longer there because they were on a much earlier device, those devices no longer exist.

I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?

I should have started much earlier, but have no regrets, there are still many opportunities. BTC has the potential to help many people by providing solid money. The ecosystem/community is seriously flawed with too many people who still haven't learned not to give tons of money to the next FTX.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Poker Player on September 02, 2024, 03:39:37 AM
My personal opinion is that there is no stopping this, although its use is and will continue to be very different from the P2P use for which it was conceived. Some time ago I still doubted whether it could be massively banned by the states but now it is clear that no, although the other side of the coin is that it has been integrated into the financial system as another asset, and P2P use although possible, in practice is reduced to the minimum expression.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: ChiBitCTy on September 02, 2024, 04:16:44 AM
I really wish I knew exactly when I discovered bitcoin. It’s something that kind of bothers me , not that it should, but I do know it was sometime around 2014 when I discovered it and first bought bitcoin. I think when I first purchased bitcoin, it was somewhere around $200 a coin. I sure wish I had bought a heck of a lot more of it, but such is life. I never thought it would get to where it’s gotten so quickly.  Thankful it has, of course.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: doomloop on September 02, 2024, 06:16:24 PM
Bitcoin is not something anyone can predict. People making predictions are just doing so based on some factors, but almost all the time, they still get it wrong. A lot of people were expecting Bitcoin to reach $100k this year. In fact, some even think it can surpass $100k. However, I would never judge anyone wrong because anything can happen with Bitcoin prices. Bitcoin prices are determined by demand, and it's possible that some companies could come up and invest a certain amount in Bitcoin.
The unpredictability of Bitcoin and the cryptocurrency market as a whole can't be questioned. We have seen Bitcoin going from $28K to $50K+ within a couple of weeks, and we have also seen it crashing from $69k to $16k. This means that the market and the price of Bitcoin are completely unpredictable and anything can happen at any given time. However, based on historical charts and data, we can make predictions which can always be inaccurate.

Seeing the conditions at the moment, it doesn't seem like the price is going to cross $100k, but as I said, unexpected things happen often in this market, so we never really know.

Let's not forget that in order to reach such number we need a very big injection on money in the market, pushing bitcoin from $1k to $10k is kind of easy, doing the same but from $10k to $100k is a different thing.
That's the point. It would require Bitcoin to have an extremely large market cap in order to reach extreme heights. So expecting $100k might not be a lot, but expecting $1m is a bit excessive.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Mate2237 on September 02, 2024, 07:39:55 PM
I have seen a similar thread on the price of bitcoin for many times. And mostly on the $100k imagination price. And for me the $100k imagination price for now is not realistic. And I am thinking of that price in 2028 after the next halving.

Bitcoin price is unpredictable and that is why nobody can get the exact price at anytime.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: nutildah on September 05, 2024, 12:23:06 AM
I have been familiar with BTC since 2012. When I was transection BTC, its price was very low.

I have major doubts about this.

If those accounts are no longer there because they were on a much earlier device, those devices no longer exist.

Nobody's gonna bother to point out that this makes no sense? Like, what?

It surprises me that you have been familiar with bitcoin since 2012, and you are just joining the forum this year.

Me too. This does not seem like a "beginner" or someone who joined the forum for the first time in 2024.

I was very happy to see this beginner help and posted one.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Wonder Work on September 05, 2024, 02:05:59 AM
I have been familiar with BTC since 2012. When I was transection BTC, its price was very low.
I have major doubts about this.
There is no doubt here brother. I have since been introduced to Bitcoin. At that time I barely understood about this cryptocurrency.

If those accounts are no longer there because they were on a much earlier device, those devices no longer exist.
Nobody's gonna bother to point out that this makes no sense? Like, what?
It doesn't make sense but devices from a long time ago didn't have a whole lot of security like they once did. I was a newbie then and did not understand anything so well. I'm trying to understand from those around who understood.  I was not in the crypto world doing anything else since then.

It surprises me that you have been familiar with bitcoin since 2012, and you are just joining the forum this year.
Me too. This does not seem like a "beginner" or someone who joined the forum for the first time in 2024.
I was very happy to see this beginner help and posted one.
I joined the forum this year May 2024 but knew about bitcoin before joining the forum. When I came to know that in the future world there will be no hand money, there will be different types of coins or virtual currencies, then I got to know a little about the issues. From that I came to know about Bitcoin. Hope you understand my words and clear the matter.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: reagansimms on September 05, 2024, 03:43:53 AM
Since you first got to know Bitcoin until now, many changes have occurred, starting from price changes and its increasingly widespread adoption rate, and now Bitcoin is starting to be used as a legal means of payment in El Salvador. The level of trust in Bitcoin is growing from year to year, allowing its price to soar, it is unimaginable how much profit you can get if you save Bitcoin until now. My personal opinion, Bitcoin is one of the most profitable assets, although currently my wealth is not enough to buy 1 BTC, but I will try to accumulate gradually. It is not too late for anyone who wants to invest in Bitcoin because price fluctuations always play an important role that can be utilized by investors.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Woodie on September 05, 2024, 04:42:28 AM
I have been familiar with BTC since 2012. When I was transection BTC, its price was very low. If those accounts are no longer there because they were on a much earlier device, those devices no longer exist.
You were an early adopter you mean  ::) if yes this should hurt 🤕 especially going back as far as 2012 when BTC prices were abnormally low..
And if this was a 100+ bitcoin hodl on these lost devices then these are thousands of dollars 💵 lost and won't  be recovered.

I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?
Too many players on the bitcoin front that wouldn't want it to succeed because they are protecting other investments such as gold or an asset on wall Street... because ever since the so called investor money came in this just seems to have slowed down and price isn't going any higher, if you ask me we did far much better without it :P but we need them to introduce bitcoin to the world 🌍.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: nutildah on September 05, 2024, 06:41:40 AM
It doesn't make sense but devices from a long time ago didn't have a whole lot of security like they once did.

You're right, that doesn't make sense.

I was a newbie then and did not understand anything so well. I'm trying to understand from those around who understood.  I was not in the crypto world doing anything else since then.

It seems that even after 14 years you still have trouble grasping the concept of wallets and private keys.

"If those accounts are no longer there because they were on a much earlier device, those devices no longer exist."

I think you are talking about lost bitcoins, but I can't be entirely sure. If so, its always been a matter of backing up wallets and/or private keys. Frankly my brain hurts from trying to decipher your words. Its just plain gibberish. Please stop creating new accounts.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Wonder Work on September 05, 2024, 08:29:55 AM
Frankly my brain hurts from trying to decipher your words. Its just plain gibberish. Please stop creating new accounts.
Dear brother, I'm sincerely sorry that my words offended you. Am new member so forgive me if I am wrong. Apologies if there is any mistake. I only posted to learn about Bitcoin in general.
This is my first account on this forum, and I am trying to learn a lot about it. I have seen many of you respectable people doing a lot of work on different plagiarism systems in the forum. I posted to find out everyone's opinion about Bitcoin. I read everyone's replies opinion and learned lot from them.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: dezoel on September 06, 2024, 04:52:31 PM
Is the account you mean crypto wallet or private keys/seed phrases? Even though they were first generated on an old device but as long as you made a backup on them and then you secured it in a very secured location, you can still be able to load them in a new device if the old device is no longer there.

Yeah you are right, none of us have ever thought that Bitcoin will got this far because on the past, the coin was unfamous and it also gained a lot of negative feedbacks from the public saying it is a scam, it is a criminals money, blah blah blah... Bitcoin have improved a lot through the years but the adoption for it is still not on full scale, so you are right that it can still do well in the near future. We say 'near' only because we can't still predict what will happen in the long future.

Even though we don't like it, there might still be a possibility that Bitcoin will crash and disappear for some reasons. If in general, I agree that Bitcoin is in a very good shape but in terms of its market performances right now, I think not really. With that being said, I also doubt if 100k dollar is possible within this year. I'm not rushing for it though but I don't know about you. Are you?


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Smartvirus on September 06, 2024, 05:38:48 PM
I really wish I knew exactly when I discovered bitcoin. It’s something that kind of bothers me , not that it should, but I do know it was sometime around 2014 when I discovered it and first bought bitcoin. I think when I first purchased bitcoin, it was somewhere around $200 a coin. I sure wish I had bought a heck of a lot more of it, but such is life. I never thought it would get to where it’s gotten so quickly.  Thankful it has, of course.
Not like it matters but. I’ll like to assume that to not just be the moment you actually heard of Bitcoin but, the day you finally decided to take up Bitcoin investments or got much interest in the currency. As it is, it is the what you do after you’ve discovered Bitcoin that matters, how you’ve been able to somehow acquire just about enough to build a healthy portfolio to go through the seasonalities of Bitcoin.

My personal opinion is that there is no stopping this, although its use is and will continue to be very different from the P2P use for which it was conceived. Some time ago I still doubted whether it could be massively banned by the states but now it is clear that no, although the other side of the coin is that it has been integrated into the financial system as another asset, and P2P use although possible, in practice is reduced to the minimum expression.
When a government have stood and became unsuccessful about it, you could imagine them trying even harder and frankly, with all the policies and technology at their disposal, it’s becoming evident that there is no stopping to this. How do you stop what is largely based on the consensus of the people who believe. It’s been the greatest strength and it’s so difficult to disprove that.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Antotena on September 06, 2024, 07:33:01 PM
I have been familiar with BTC since 2012. When I was transection BTC, its price was very low. If those accounts are no longer there because they were on a much earlier device, those devices no longer exist.

Bitcoin aren't store in those devices, they are store on the private keys and since you are talking about many years ago, they are definitely going to be on those legacy address. So anyone with the corresponding private keys can have access to those wallets. Anyone without those keys are the ones that can actually not be able to spend those Bitcoin and just for your information, the Bitcoin you see that are dormant and hasn't been touch doesn't mean they are loss. They still have the owners.

Quote
I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?

If anyone told you that Bitcoin is going to hit $100k, I will say you should disregard that information because it will take a lot of effort to get there and the way the Bitcoin sentiment doesn't look like we are going there soon. I don't want to follow the bears but the way they are bearish, seems the market is already at the top, we may be in another hear market for another time until we get another halving because this one didn't move price as many people expected.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: Distinctin on September 06, 2024, 11:51:42 PM
The majority of us are expecting to see Bitcoin to $100k maybe at the end of this year or by next year, it is at least for this cycle that it's going to be that high.

It looks unlikely now because the looks of it are bearish with the drops that we're having. But we also know how Bitcoin goes because of being volatile, the movement of it from time to time might not be the same.

And when it moves like a skyrocket, we knew that sky is the only limit for its high prices every cycle that it is having.
No matter how bearish the current market looks right now, still it won't affect our personal belief about bitcoin that it will give us a very impressive price one of these days. Bitcoin is more than an asset or investment, it's our future. So whether it's doing positive or negative at the moment, I will stay optimistic about the future of bitcoin in the market. In fact, seeing bitcoin very uncertain keeps our interest to invest more with bitcoin.


Title: Re: Let's get to know everyone's personal opinion about Bitcoin
Post by: rodskee on October 17, 2024, 07:47:16 AM
I have been familiar with BTC since 2012. When I was transection BTC, its price was very low. If those accounts are no longer there because they were on a much earlier device, those devices no longer exist.
which device are you talking here? or you mean Apps or wallets?
Quote
I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?
are you that stupid?  you tell us that you have seen bitcoin since 2012 meaning that was 12 years ago and still saying that "YOU THINK BITCOIN WILL DO VERY WELL IN THE NEAR FUTURE" have not you seen enough for bitcoin progress?
bitcoin is much better than we'll..