Bitcoin Forum

Sometimes I do notice that bitcoin experience some issues while increasing in value, Bitcoin have increased to $15,000 $20,00. Now we find bitcoin going low, Now I want us to understand no matter how dollar fall it can be as bitcoin, What is the solution of getting this solved?,if bitcoin is Depreciating in value let it not be much, because the falling of bitcoin really scare people away. Would you be happy if you purchase bitcoin worth $15,000 and in the next few months bitcoin is $5,000, would you be happy?. Let look into this and stop deceiving ourselves buy saying we are Investors, Gold investors don’t experience this at all, if bitcoin we go forward then we most know our stand.

I'll start my reply with, Gold investors don't also feel the excitement of having your portfolio increased by astonished amount of percentage, bitcoin is a very volatile asset that's why you you see such price depreciation when it does occur although that doesn't mean it doesn't produced a similar result when it goes the other way (which is a positive increase in price).

Bitcoin has been the best performancing asset in the last decade and also is leading the chart on asset with the best recovery rate from the pandemic crashed that affected all market. Investors don't worry about the short term price movement of the market but anticipate of what the future holds. Therefore if truely you're an investor as you speak, you shouldn't be constantly monitoring the market, that's the duty of traders.

You are viewing the growth of bitcoin from the wrong angle as you're making your assumption based on its previous all time highs without considering where Bitcoin is coming from in regards to price gain. Few months back, bitcoin was trading at the lows of $3k but currently trading at $11,300+. The simple solution is to become an investor you speak of and let go of all the distractions of market movement.

I hope you know bitcoin is decentralized, there is nothing you can so than to not fomo, peipke that lack knowledge and experience are the ones that buy bitcoin when its price is increasing, but people that know more about bitcoin waiting until the price decrease. If you like it or not, bitcoin will reach all time high which will invalidate your comment. Ans, know that the note the adoption, the less in the volatility.

It can happen to fomo, to be looking while the price depreciate from $15000 to $5000, I would have sold at $13000 or $14000 which I will consoder to be the support level, and if broken it can lead to sharp drop.

Do not make fool of yourself to compare gold to bitcoin, bitcoin is more profitable if you get the market in the right way. I am a bitcoin investor and happen to buy bitcoin at $5100. With the current price I have gained more than to invest in gold.

If you are not fit, then do not invest than to discouraged people to invest while looking for profit.

You seem to have confused the development of bitcoin with the price of bitcoin. Bitcoin is absolutely moving forward - regular new core releases, Lightning in development, Taproot and Schnorr on the horizon, etc.

Is my 1 bitcoin still worth 1 bitcoin, though? If bitcoin suddenly went on sale at $5,000 again, I'd definitely be happy to be able to buy more at such a discount.

10 years ago gold was $1,800. Now it is $1,900. Can't have the ups without the downs. If you want something that barely beats inflation, then sure, go for gold.

See I do believe that you understand that the highs and the lows are both the part of the same coin. Most of the times it's a part of *demand and supply* , people are going to sell if they buy it, they will infact sell in during a pandemic or a situation which needs immediate attention. Therefore I think you are missing the whole point here.
The main part of bitcoins is the : Usage
If we see fluctuations in price every once in a while , it's not only a buying opportunity but at the same time, it's also a test of patience. Be patient, sell them later and for the meanwhile worry less about the price , but the usage. If you do think you cannot take a huge loss then keep trading or either encash them as soon as you receive them.

See the most important thing is : freedom, you can do whatever you want with your bitcoins now. It's your choice.

-*-

Now it's even more recognized, by the government by the people. No matter what  it have helped most of us through this pandemic. This is for sure much more than 2009 .

https://i.ibb.co/6mHWCSZ/ae9sK3J.jpg (https://ibb.co/rmxwrht)
 Source  (https://www.bing.com/images/search?q=imgurl:https%3a%2f%2ftemp-ca.s3.amazonaws.com%2fcdn-files%2fris806056336sst1602518826.jpg%3fX-Amz-Content-Sha256%3dUNSIGNED-PAYLOAD%26X-Amz-Algorithm%3dAWS4-HMAC-SHA256%26X-Amz-Credential%3dAKIA2YDWKLAVUAFT3HFY%252F20201012%252Fus-east-1%252Fs3%252Faws4_request%26X-Amz-Date%3d20201012T160706Z%26X-Amz-SignedHeaders%3dhost%26X-Amz-Expires%3d300%26X-Amz-Signature%3d8089e950f5f0058fd993019b930766c2adf91260efacacbad0e5ac9ac5fb1e73&view=detailv2&selectedindex=0&mode=ImageViewer&iss=sbi&form=IRSBIQ&id=https%3A%2F%2Ftemp-ca.s3.amazonaws.com%2Fcdn-files%2Fris806056336sst1602518826.jpg%3FX-Amz-Content-Sha256%3DUNSIGNED-PAYLOAD%26amp%3BX-Amz-Algorithm%3DAWS4-HMAC-SHA256%26amp%3BX-Amz-Credential%3DAKIA2YDWKLAVUAFT3HFY%252F20201012%252Fus-east-1%252Fs3%252Faws4_request%26amp%3BX-Amz-Date%3D20201012T160706Z%26amp%3BX-Amz-SignedHeaders%3Dhost%26amp%3BX-Amz-Expires%3D300%26amp%3BX-Amz-Signature%3D8089e950f5f0058fd993019b930766c2adf91260efacacbad0e5ac9ac5fb1e73&ccid=3qvd2SpH&mediaurl=https%3A%2F%2Ftemp-ca.s3.amazonaws.com%2Fcdn-files%2Fris806056336sst1602518826.jpg%3FX-Amz-Content-Sha256%3DUNSIGNED-PAYLOAD%26X-Amz-Algorithm%3DAWS4-HMAC-SHA256%26X-Amz-Credential%3DAKIA2YDWKLAVUAFT3HFY%252F20201012%252Fus-east-1%252Fs3%252Faws4_request%26X-Amz-Date%3D20201012T160706Z%26X-Amz-SignedHeaders%3Dhost%26X-Amz-Expires%3D300%26X-Amz-Signature%3D8089e950f5f0058fd993019b930766c2adf91260efacacbad0e5ac9ac5fb1e73&exph=680&expw=1200&vt=2&sim=11)
Bit is a game of accumulation and not what you and others sees it. The graph above has something new for you and some others while they complain about Bitcoin price fluctuations since it existence, the moment you see Bitcoin price from the point of accumulation the better it will for you. Though, i have been into this industry for quite sometimes now, and have once thought about this until i took a critical look at Bitcoin behaviors.

The weak hands will always be victim of Bitcoin behavior when it come to price movement and the only thing you and others should see is potentials while hold. Buy Bitcoin at this moment and wait for it price to rise will do more miracles than the weak hands most of Bitcoin holders have since inception 

I just ask you a simple question.
1. Who controls dollar?
2. Who controls bitcoin?


It is decentralized, so don't worry about solution  ;D


No it won't scare enthusiasts away. People who understand it better, people who know it advantages are far more than its falls.



As a newbie, I focused more on the highs and not lows. I take advantage of lows and also advantage of highs.


Focus more on beginners board https://bitcointalk.org/index.php?board=39.0

It will help you better

There is just so much you're asking in this post... Just to cover a few points, that I felt an urge to reply.


There is no one solution that can solve the depreciation of the BTC market value or the dollar or anything. You go with the flow, and if you're not happy you get out. If people are scared because BTC merely makes a drop (this is speaking in relative terms) then they don't deserve to be in the market to begin with.


Erm, I don't know, you tell me  ;D Everybody sees risks in their own way, even if you buy at 15k and then it drops by 10x it depends on the strategy you decided to enter the market, if it was for long term then you wait it out. If it wasn't long term something fundamentally went wrong when you bought at the top.

There's no shifting the blame, you're the only one responsible for your investments.

Nobody is deceiving anybody. The market is what it is. If you want to be a Gold investor be a gold investor but be sure to be getting nothing close to the rewards you could be gaining from being a crypto investor. Why is that? Because there's more risk associated with crypto, all you can do is make calculated decisions and if you can't withstand the market pressure and movements then probably best to look into a different market other than crypto.

I wouldn't be happy for sure, but you know what? Bitcoin's price was crazily fluctuating those days. If I'm not mistaken it went from $15k to $19k pretty quick. I had to understand that if I kept the bitcoins I could face a crash. Although, if I watched bitcoin's price going from $19k to $11k within 5 days I wouldn't keep them to be honest, because I would have made my research.

Generally, the people that are ahead of others are those that do researches before their investments. The more research, the less gambling.

The HODL "religion", though, says that you should never sell them. Nor $20k neither $2k  ::)

No one will be happy about that of course but it's your decision that you let that happen. It's important that you know how the market works and you know when to buy and when to sell your Bitcoins not because you invest some Bitcoin you will be able to earn from it. This ups and downs in the market is normal for some of us who is already been exposed to the trading since then.

Technically, we already had Bitcoin going low, the correction happened almost immediately after the all time high. What we have now is the steady building phase as the market value rises slowly and builds momentum for a spike.

Make bitcoin act more like the USD? That's not a solution, that is the problem Bitcoin is trying to solve. Legal tenders are highly regulated markets which are prone to devaluation resulting from economic crisis and bad policies, Bitcoin is a decentralized one which is highly resistant to inflation.

A long term investor does not really bother about intermittent changes in value, especially when they devised an investment strategy. Some people get stuck because they FOMO in due to hype as the value approaches a crest, and usually would lose out when the market corrects.
An investor who bought at $5k (the bottom), watched the market rise to $15k and decided to take some profit would not mind the value dropping back to $5k, so they can repeat.

Bitcoin and gold are very different assets, gold has been discovered for centuries while Bitcoin is barely a decade old. Investors are trying to capitalize on the speculative value of bitocin now, I doubt it would be as volatile in years to come.

you are way too confused about "moving forward" and "price always going up". these two are not the same and there is no reason for the price to always go up for you to make profit while doing nothing!

another thing you are confused about is the "short term volatility" and "long term price rise". in bitcoin we have always had big volatility in short term while the long term price has always been rising and this is not going to change any time soon. we will continue seeing panic sells and panic buys while in the end price ends up being higher.

I look at the usage cases as being most important than the price, but BTC is definitely moving forward in both, remember that the price has risen 600x in the past 10 years.

There are some new developments on the horizon:
https://www.coindesk.com/bitcoins-future-exactly-how-a-coming-upgrade-could-improve-privacy-and-scaling

This may sound really good, but who would do it without good knowledge of how they should do it. Just hoping for a miracle? this is very uncertain, but it all takes some processing until the new ATH is reached.
Bitcoin still has the potential to hit a new ATH after the end of 2017. But we can only hope and strive so that when that time comes we can benefit from it. I plan to keep bitcoin bit by bit in my wallet, this is a form of preparation for when bitcoin reaches its new ATH.

There is nothing to solve, you either accept this is the way market moves or you get out of it, this may sound harsh but it is the truth, people somehow think that the markets need to move according to their wishes and if they do not then there is a problem, there is no problem, if you want a less volatile market then trade bonds or gold, but this market as of right now has a huge volatility and your only way to deal with it is to learn how to protect your capital, a very easy way to do is to just reduce the amount of money in each of your trades or investments, this way the mount of money you lose will be smaller, but for some reason you do not seem to want to adapt at all.

Clearly he is missing this point, if we say moving forward it is a progress, with bitcoin the progress is continuous I can tell as more people are buying and selling it, more adopters, real life cases of bitcoin in different places and we already have bitcoin ATMs. Is bitcoin truly moving forward? Absolutely YES. I think you're confused about these two terms, or you don't mean it coz you got a single interpretation of these two words, but regardless you should know which is which.

A falling dollar is nothing but good for BTC because BTC does react inverted to USD Index and dollar seriously seems to be in problem and USA needs to get out of their exploded debts for the dollar to survive strongly against major currencies. About the price of BTC, it is a market making by the people, of the people and for the people. There is no centralized authority involved to check and control anything in between, which is why we are free to either hodl or sell at current price, our choice. You are free to wait or just sell out your BTC and never invest in crypto again, but I'm sure you'll do because you know that BTC will always do a comeback every once in a while.

Now the price of bitcoin had raised 250$ more than from yesterday.So it value had started to increase,if any of you having bitcoin in your wallet.Just hold for two to three days.It may change to any peak,after many days the price of bitcoin started to increase.Patience is the key to earn more in trading.And it should be essential one when the price started to pump.

Gold investors don't experience that kind of high reward, right? In bitcoin, there is high reward and high risk. Other correlation doesn't exist in this world.
Btw why do you say that now we find bitcoin going low? If you look at coindesk or check price on any other website, you'll clearly see that bitcoin rises, especially right now, after 8 october.
You can use bitcoin for two reasons: 1. Investment 2. Usage
For investment, price matters the most but for those who use it for transactions and etc, price doesn't matter if they buy it with USD when they need it.

Bitcoin is really moving forward and we can see that when we realize that the prize of bitcoin is just 220 US dollars way back 2013 and that is the time i started bitcoin. I doubted on bitcoin and stop to use it because i think that i have to stop using it because i thought i am just putting my money into a waste but it was a big mistake because i missed a chance to earn a lot of money. What i mean is just to believe in bitcoin and it will give you a chance to earn a bunch of money.

Not to be harsh but bitcoin is really different into Gold,stocks,currencies which do had somewhat stabilized value and if you dont like Bitcoin price volatility then you're free to leave because no one forces you out to join into this market.Its a digital currency that anyone can use and it isnt really solely created for the sake of investment but rather its created for payment system and moving price is just a bonus depends on the people
whom do support or make use of it.No one can held up into its price into one place even though it might shoot up or crash down then its totally part of the entire market cycle.
Asking if we are moving forward? Numbers might not but if you do compare the adoption level into past years then you can say that it is indeed moving or does really have that progress.

If bitcoin movements were predictable, I think everyone without exception would own bitcoins. Nobody wants to deceive yourself, if you buy high and sell low, then it is your fault and not about cheating yourself. When we buy, at least at the same time you are ready for all the risks. So when you buy at a high price it is enough for you to continue to be patient, because when we buy at least we believe the price will increase over time and therefore, always control yourself because something that can make you lose is when you panic without realizing that the price will recover.

As you enter this industry, you must have better known and understood that Bitcoin and every other cryptocurrency you can find in the market do possesses that characteristic of being volatile so there is always an open chance that the price of the cryptocurrencies like Bitcoin will likely to change whether in a dump or pump situation. Yes, Bitcoin is moving forward when it comes to usage and adaptability in a sense that people are now recognizing Bitcoin's worth and are much willing to get engage into it. Every currency do experience changes even in terms of fiat for there is no stability because there are certain factors affecting why the prices changes so the same thing applies on the cryptocurrencies just like Bitcoin. In terms of buy and sell, it would be dependent on you to decide on which time you will do those things and at the same time it is up to you on how you will manage on dealing with the circumstances while making it profitable.

It seems that you only see the development and movement of Bitcoin from the price, not the value. Price is related to the number to see the rate of BTC. But Value is different, Bitcoin has value because it has supply & demand, scarcity, and also utility. We know that BTC is limited, don't we? This is also what makes the Bitcoin value increase.

No, Bitcoin is not always going low, BTC price is volatile, still very volatile that can make the price up dan down easily. We can control it because Bitcoin is decentralized, the market will do and there are lots of people who play BTC on the market.
But, this is what the daily traders utilize to get profits, from its volatility.
However, if we are investors, moreover long-term investors, we may not focus on the volatility of daily movement. You may not be confused, if you bought it in $15k and BTC is down to $5k, so must hold it. Hold it until the price is going up. Many long term investors experience this and they still hold the BTC for the shake of avoiding lost.

Of course Bitcoin is moving forward, moving very fast in my opinion. Just pay attention when Bitcoin was first created until now,
the price increase was very high. It's like you are only focused on looking at Bitcoin from 2017 when the price hit $ 19,000.
And until now it hasn't succeeded in returning to the all time high price. And I'm not happy about that too, but if we're investors,
definitely understand finding a solution. If the Bitcoin price hasn't risen above the price when we bought it, just hold it until the
price goes up. You only need to be patient when investing in Bitcoin.

Gold investors don’t experience this at all, if bitcoin we go forward then we most know our stand.
[/quote]
  
   There's a huge gape between gold and bitcoin. Gold has been in use for centuries, while bitcoin is a new method of transaction, that started in our recent generation. When comparing, check the age difference and also remember that gold is globally accepted no one rejects gold, while most people or countries don't know about bitcoin.

Bitcoin is moving very slowly in my opinion, too far to speak when it was first created until today,
what I understand in this discussion is about the comparison of bitcoin around 2017 to 2020, and the movement of bitcoin when compared to previous years the movement is quite slow (when it comes to prices), but when it comes to bitcoin development in general the movement is quite fast, especially the development of the cryptocurrency ecosystem.
and this all depends on how we react.

You have projected the best angle to look at bitcoin investment. Hold is the real word. Understanding it as a game is most vital investment tool.


https://i.ibb.co/6mHWCSZ/ae9sK3J.jpg (https://ibb.co/rmxwrht)
[/quote]

The graph is quite expository indeed.

Nothing has been changed for bitcoin. I think you are one of the few people that are scared whenever you see bitcoin moved from top to bottom. Haven't you figured out the balance of bitcoin's ecosystem that it has to go up and to go down some time? It is not important that it scares people away if they're only for the price. Bitcoin shall remain as bitcoin from the beginning satoshi has made it and evolved overtime.

I would be happy to buy it again. What makes you worry is that you are thinking too much of bitcoin in the short term. Think of bitcoin in the long term thus, you do leave bitcoin and sell in the price you get margin.

Due to its decentralized nature Bitcoin is very volatile. Can the problem be solved? Of course, no.

i see  . the issues that your referring to are the decline of the price because i thought its about the fees . you know when price increase fees follows as well and fees are by far the most concern of bitcoin netizens but not the declining of the price because its already given at the start that btc value is not stable although there are peepz that cant accept it and still complain that btc price should remain or grow up more . it was like a website , when a website grows the issues do also shows up and occur too frequent but the point is they are still moving forward .

Yes BITCOIN is truly moving forward and evolving from a technical point

There are regular core updates and the Lightning network will make speed and use of moving coins quicker and better

Even so when the price of BITCOIN drops it still finds a way back up.

Bitcoin is really moving forward a lot Bitcoin is moving much faster than other currencies but now the market for bitcoin is getting much slower Bitcoin is slowly advancing. Bitcoin investments have to wait patiently because the market will continue to grow on demand and prices will rise a lot. The demand for crypto for bitcoin is developing this is why bitcoin is moving forward slowly but its value is much higher.

First of all, bitcoin is a breaktrough in technology of decentralized digital money. The very fact that it has grown many times in value is a very clear indicator that it is moving forward and only forward. You mistake is that your view on bitcoin is based on wrong metrics. What you do is measure decentralized money in terms of centralized money, which is a serious misconception since centralized money distorts prices on the market. It may seem that bitcoin is not moving forward because its development progress is very slow. But it should be slow, it should be done very carefully, because, as we have learned, bitcoin is decentralized money: if there is a severe bug in its code, it might lead to collapse of the system, money will lose its purchasing power.

When bitcoin was first created, Satoshi Nakamoto wanted Bitcoin to become an online currency which could used mostly p2p without being controlled by the third parties. Bitcoin was dreamed to replaced cash at that time. However, the situation currently changes. Its primitive purpose is becoming deteriorate day by day. We cant blame anyone. Because people are free to use bitcoin in any way they want. And as the result, bitcoin turn out to be a digital investment which people try to manipulate for their profit/income.

Hence, bitcoin becomes as volatile as stocks whereas many people can maintain their profit by buying and selling bitcoin. It is not as bad as you think but it will be harder for novices to make profit with bitcoin. There are still strategies for novices such as holding and accumulating for a long term investment. It depends on your choice. The more knowledge you have in this field, the more loss you can avoid. Wisdom is essential in this area

I truly believed that bitcoin is moving forward continuously and getting much more recognition from investors and supporters until this time despite the pandemic we are into right now, bitcoin is moving forward and steadily having great price for couple of months now. Bitcoin came long a way to come to it's position right now as still the top tier coin on crypto market and still going strong to reach it's goal for mass adoption.

You have to solve nothing because this is the proof that cryptocurrency market is legit and Healthy,Looking at the price of Bitcoin is considering that the
chances of growing high and low is always there.

https://coinmarketcap.com/ check each coin mate and you will find the difference and how stronger Bitcoin is

https://coinmarketcap.com/currencies/bitcoin/

this to prove all the claims against Bitcoin about being scam is false.

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But you can contribute mate since you said an claim being experienced here ,Try to accumulate more Bicoin as you can and Just let it stay in your wallet.

and encourage people around you to invest inside crypto also,maybe not Bitcoin but in altcoin also to be added in capitalization.

Humans came into contact with gold around 40,000 B.C, while Bitcoin has been existing for 11 years. Of course, gold investors aren't experiencing volatility problem now.

Bitcoin is doing very well so far however it doesn't mean bitcoin is about mooning. It's going to be bear for a while but we could still be consolidating between $10.5k-$12k before the next impulse up or down. However, with bitcoin we're always good position since mass adoption on the way.

See Bitcoin price regulations is not constant and no one can regulate  it or predict it's constant price perfectly, actually some predictors has been emphasising about btc price to be approximately $20'000 before next year which we are looking up to.



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People who get scared of Bitcoin rising and falling is people that is not determine in btc and also people who do not understand the ethics of business, because no business on Earth irrespective the amount used for establishment that does not operates in risk, the possibility for people who adventure into business to make profits is equivalent for them to lose, it's similar to Bitcoin, So purchasing btc with the rate of $15,000 and lost $10,000 at end does not mean btc is worthless, it's nature of market, because market determine.

This is the difference between fiat and cryptocurrency. The fluctuations is making the gains come up. Many like you take the advantage to trade in it and that is why many exchanges are opening more because every person involved  have a way of gaining profit.

What must be considered and understood first is the risk posed by bitcoin. Bitcoin has a more volatile price and cannot be confused with gold. The price of bitcoin is very volatile. Moving forward and back is common. Investing in bitcoin should know about when is the right time to buy and when is the right time to sell it. Bitcoin in my opinion is really moving forward. When the price of bitcoin falls, it is a correction to be able to go up to a higher price level. Until now, bitcoin growth has been extraordinary and has become the most powerful asset during the pandemic.

It will change to the bull run someday, just don't lose hope because bitcoin still at the bear market.
We should be happy with the situation now because bitcoin can back to the $11k, and sooner or later, the price will increase.
I think the adoption process still runs, and bitcoin can invite more people to come to the bitcoin world, but we need to be patient to see bitcoin become globally.
That time will come soon, especially if the bitcoin price can jump to the new high price, and people will see and think about bitcoin.
I think when the bull run comes, the situations will be similar to what we saw before.
So we need to try to follow the bitcoin journey and don't forget to take your profit while you can.
But if somehow, you don't feel strong to hold bitcoin, you can leave the bitcoin world anytime you want, and there is no people will force you to keep staying with bitcoin if you don't want.

 Bitcoin is moving forward and the awareness is increasing on a daily basis.

Well, that is the reason why they should really put thought on what they will do. Bitcoin is known for its volatility, that is the reason why before they invest in it, they should know the possible outcomes of it. We didn't invest in this because we immediately wanted to become rich or wealthy, and we can't do anything about the price dumps since for me that is also timing for reinvestments and new investors to put their money in it.

first of all congratulations on your first post on this forum  .  now how can you say that the awareness increase per day ? do you have a proof ? what if the restriction on countries were still the same and what if people dont get curious on what they saw around them  . i guess awareness is not a thing that can happen per day but it can happen in a seperate day or the next few day  but i agree that btc have already moved forward but saying that moving on a next level happens per day , thats not also possible

Every business man must posses many different characteristics and one of these characters is the risk taking. If one business man cannot tak the risk then he/she wouldn't be having a chance to earn a bit amount of money. All we need to do is to trust ourselves and trust bitcoin because even if we try it and we don't have trust with ourselves and on Bitcoin, we will end up having a trouble and out money will Tues into waste. Since the past few years proves that Bitcoin is moving forward then we can trust our money to Bitcoin so that it may give us a lot of income.

This review could help you if you are looking to compare Bitcoin and Gold. In my mind I am only concerned that the price of Bitcoin is recovering and if I do not buy more at this price it is likely that the price will go up more and it will be difficult for me to buy it.

What is now that stand that is expected of us?
Is it to protest for a more constant market or how do we go about it? You need to understand the differences between the gold and bitcoin, the volatility of bitcoin is higher that that of Gold, the dynamics of Bitcoin involves it's bullish and bearish seasonal market which is an intentional specification which gold does not possess.

It's shouldn't be treated like that, this venue is an opportunities to learned and earned but not an instant access to success, you need to do your work and keep working to attained your desires.

Bitcoin is progressive as we seen that there are many people nowadays that also embracing and accepting this cryptocurrency. We will see more and more after few more years.

I am sure bitcoin will continue to move forward and will continue to increase maybe until the end of this year, and it is not a loss that you get but profit if you save it,

Those are some good facts about Gold, its really not that exciting and you will just feel "meh" every time the value of Gold depreciates. Its like expected to happen but then some occasions make it valuable again. Then there is the fact that the Cryptocurrency Industry can really affect the economy but governments are having a hard time to utilize or "manipulate it".

As Bitcoin moves forward, it can also bring along the Alternate Cryptocurrencies which is really notable as growth.

So we're talking about moving forward in price right?

You can't eat it, wear it, drive it.
You can't buy/sell it to friends and neighbours in a pinch.
It's not real. World of Warcraft gold has value too.
Perceived value because it's catchy. Investors love Tesla and weed because it's fun and catchy. Look at the P/E ratio of gravel pits and lumber mills verses Tesla and Weed. Oh wait, they don't even make quarter to quarter profits, these insanely overvalued stocks. The same could be said about bitcoin. Then again, bitcoin doesn't produce anything, it's not a company. It's basically a form of gambling.

However, if there is a wagon, and you can see this wagon, you should jump on the wagon, no matter how stupid you think the wagon is.

If I want to retire to India or Sierra Leone, I can always find a scammer or a warlord who'd dump local currency for bitcoin (fun times at the transaction point), bitcoin is PERFECT.

Not sure if anyone wants to have .0001 of anything, it's not sexy. So, will bitcoin's limited supply be a "coolness" issue? I think so. That will slow growth.

To be used like a fiat, 10 minutes to confirm really sucks.

So bitcoin I feel is not really moving forward because it's a niche market, like old Louis Vuitton trunks and Porsche 911 turbos. Those go up in value too. But I see people always pushing Bitcoin as a super investment that's going to hit a million each, let's just say I've heard the same pitch from Amway. If Amway had a coin, it'd be a similar feel to Bitcoin in the real world.

At least it's on tickers now.

What you shared are the best means of keeping Bitcoin from the onset to when it rap to sell out. Bitcoin is just a game of storing coins and when time due you will make a huge again in the process. Though it's hard to keep some stash a bit by bit because of some discouragement when look at Bitcoin price but it good to have a strong hand as you have said. Accumulation still the very best for investors and bitcoin holders.

If you compare yearly lows in the last 10 years you'll see that Bitcoin is moving forward. If I remember correctly there's only 1 instance where the low price was really lower in the following year. That says a lot, doesn't it?

With that in mind I have to agree with the statement that the price of Bitcoin can't be used to indicate growth but maybe some other things can:

The number of addresses with positive balance is growing.
Total number of coins is growing.
Hash power is growing.
Number of exchanges around the world is growing.
Number of ATMs is growing.
Number of institutional investors is growing.

Do you really need more?

Why it should have a solution? If you can't handle the volatility then it's not a market's problem anymore.

The market won't adjust for you. That kind of problem should be addressed by you.

As long as bitcoin is considered as an investment, you will see that $15,000 to $20,000 to $5,000 several times. We have to deal with that price happening.

many of the same beliefs as you bitcoin moving forward until the end of the year, a forecast that often happens to encourage following the development of bitcoin, because every year end there is an increase in price.

Only those FUDders are spreading words against the growth and increase of bitcoin because coming from almost a Peanut value 10 years ago,they did not expect that it will reached $20,000 in value.

and still now kicking to hit the highest it can be.

I think you are confused about the "moving forward". It doesn't mean that if the bitcoin price becomes low it is not moving forward. The value has nothing to do about the bitcoin moving forward. Have you heard about the Bitcoin core ? You can search it on google. This means that bitcoin is truly moving forward. You don't say something moving forward because of the value, you have to know the development in order to know that if its really moving forward. A little advice, buy bitcoin when it is cheap and try to search about the bitcoin price drop and pump. It's all about timing.Always remember ,investments include risks!.

Yes,ofcourse l feel bitcoin is truly moving forward. Think  if we compare it with gold, then l can say bitcoin will be profitable instead of gold.because l have invest in bitcoin. I think so.

Yes, because the way bitcoin was low in price 2017 and the way the price is  low now in this 2020  show bitcoin is moving forward. Many population of people join bitcoin in this 2020 just because of the way bitcoin is improving in the market compared to other cryptocurrencies that is not encouraging their investors in profit making. I guess bitcoin is moving forward .

So you are doubting if it is truly moving forward because the price is also moving backward or we are experiencing some dumps?
So how about the number of people now using it? The companies or even small business that are using it?
Bitcoin has grown too much since it was created if you would just base it on the price.

Ofcourse yes it's high time for BTC to begin it's next significant price rise, Since the May halving we didn't see any big change in the market but our expectations are higher as many of them are desperately waiting to see another big change to happen like 2017. However from the past few days BTCs momentum is slowly gaining attention to the users because we are in the last quarter of the season where there is more possibilities to see a big change in BTC Price.

For those who truly believe in this new technology, it does not matter whether bitcoin fell in price by $ 500 per day or increased. Real investors do not invest their money for short time. Vhen they are invest their money - they are ready to wait for decades. In the case of Bitcoin, this will be 100 percent justified.

That is what we are now and obviously we are moving forward into a better and huge adoption. People who believe Bitcoin will keep their faith in it. It is not a question if we are moving forward or not, we have already witnessed its changes already and that is enough to say that we are getting far.
From $1 to $12k, from zero adoption to 37-52million users? and counting. I'd say that we are getting close that Bitcoin will officially be considered as a currency.

We all know the difference between the bitcoin and the gold.

The gold is still in the demand, this is today one of the rarest things we could have because this must be mined into different places, also this is used for jewelry so many people are using this but to only who can afford.
The bitcoin today is just easier to buy just go to the exchange supported by your country and transfer some funds you can now get your bitcoin, but how about the price of the bitcoin it this not fair?. The market of the bitcoin is volatile because there are different investors such as "whales" contribute a lot to the market movement also you can add the small-time investors that add the volatility of the bitcoin. There is a lot of establishments and platform are supporting the use of the bitcoin and one of this is gambling, trading and even website use the bitcoin as payment.

Of course Bitcoin is moving forward, please see for yourself the movement of Bitcoin on the coinmarketcap site. Starting from 2013 until
now in 2020 Bitcoin has increased in price, it is true that current prices when compared to 2017 appear to be decreasing. But since 2017
was when Bitcoin was hype, so the Bitcoin price increase was too fast at that time. But overall Bitcoin is really moving forward in my opinion.
So there is no need to doubt the potential of Bitcoin.

Indeed Gold rarely see some 30% dump against Bitcoin that's very volatile in value, but you fail to see the difference between Gold and Bitcoin. While Gold is considered the safest asset, Bitcoin in the future will surely surpass it due to its advancements and convenience, it provide. No one wants to carry gold around because its heavy especially in large quantities while Bitcoin you don't need to stay in lines to make payments.

Regarding to your title, it depends on what is the definition of "moving forward".
In terms of technology development, its obvious that there are some upgrades into it. Now in terms of price, it also is moving forward so either of the 2 you can say that Bitcoin is moving forward.

Nothing unusual. The going up and down of Bitcoin is just the volatility of it and its normal already. You see Bitcoin going low?? If you will compare its 2017 price to its current then yes it is lower but if you will compare to its price last March to its current price then it has already been tripled from near $4,000 to near $12,000.


Like I said, the falling of the price of Bitcoin is just because of the volatility of it and not the depreciation.

No one is happy if you see your portfolio at a loss but you have 2 choices. Either to cut loss if you don't want to risk more or to accumulate more when the price is going down.

If bitcoin has been appreciating gradually like you wanted, how would millions of investors get into the market? By now it would be close to 100,000 USD thereby keeping away would-be investors, thus leaving cryptosphere in the hands of whales and institutional investors. So prices have to fluctuate to let some investors in and out of the market. So let bitcoin be. It has garnered a lot of traction in adoption. So i think it has grown over the years

To answer your question, Yes, bitcoin is moving forward.
Bitcoin is a very volatile asset or currency and can move in either direction, high or low at a great rate.
Although there's been an all-time price of bitcoin at $21,000 one should know that it dropped to as low as $3k and has since then been recovering and is now stable around $10k. This has shown how much of bitcoin volatility can happen.
Secondly, as an investor, you do not look at the short term price movements of the market but at what the future holds. Short term analysis of the market is meant for traders

How would they get into the market? By investing in fractions of a coin. You do not have to own 1 full bitcoin or any other crypto currency to invest  and make profit. You can also make profit my investing in fractions of a coin. If a bitcoin costs 100k USD, you can invest in 0.0001 BTC and still make some decent profit. I wonder why people keeps on thinking that they have to own a full coin to make profits. If you still want to own a whole coin, then try investing in other cheaper well known altcoins. I am sure there will be tons of such altcoins.

Bitcoin is a digital assets or currency, that is trading in the market 2hrs per day. Therefore, the price fluctuation is a function of demand and supply in the market, which no one can hold or control the market. Bitcoin still remains the best among other alt-coin.

What??? It is not because you invested on bitcoin, that will make the whole bitcoin profitable.

It depends on the holder or the investor if he will make his investment to it effective and profitable for him.

Bitcoin is moving forward in a way that the bitcoin community is growing and it is approaching in the mainstream. Although, there are still people who are not considering bitcoin as a currency, for those who are believing on its full potential should stay with it until the end. Our futures are secured when we make bitcoin as an asset to out investments.

In 2017 the price of bitcoin reached $ 15000 and after that the price of bitcoin fell so far and reached $ 5000 that many investors were disadvantaged. there are some investors who sell their bitcoins when the price drops and there are also those who hold their bitcoins until now.
at this time bitcoin has gone up again and reached $ 11,000 in my opinion the price of bitcoin will still continue to rise to $ 15,000 as happened in 2017.

Indeed. The only reason why bitcoin is keeping moving forward due to mass adoption that more people are buying and holding bitcoin because the price of it only depends on its supply and demand. Also, many people still do not believe in bitcoin's potential that they assume it is not worth it as an investment, so they miss the opportunity to have a bitcoin. Still, the time will come for them to accept bitcoin as a currency.

Well, agree to that bitcoin is the best among other altcoin, I bet op is just a beginner in crypto industry. Usually the price fluctuation is just normal that we may see it increase and in decrease. Other people have doubt in bitcoin because of lack of knowledge as to how it works. The adoption in bitcoin is moving forward as people are into buying despite the price fluctuations.

I don't think is really confused but is trying to know things that he don't really know, it's our time to put them through stanza by stanza concerning cryptocurrency especially Bitcoin price been stagnant, because btc falling and rising is the area he needs clarification, and it's obvious that new user are capable of asking questions in order for them to comprehend.

One of the things many do not understand is that the price is not going to move in a straight line and instead moves in zigzag this makes difficult to see the increase on price over the years, however something very simple that you can do is to find the average price during the whole year and you will easily find that this average has been going up during every single year, and most likely this tendency is going to continue showing without a doubt that bitcoin in terms of its price is indeed moving forward.

Of course, Bitcoin is truly moving forward from no value until it reached ATH last end of 2017 and now it is still valuable and keep on moving to reach another ATH sooner or later. Also, the development of bitcoin is not just based on it's value alone but also with it's use and other technical development.

Of course, it still has value, but not sure about new ATH to come or not. I am confident that Bitcoin is improving day after day but once we talk about the possible upcoming price, it is something unpredictable. Especially because of the price of Bitcoin is fully determined by the demand in the market, not controlled by anyone.

Indeed, we don't view the development based on the price only.
Consider its adoption and technical development. There are many changes already since the Bitcoin launched for the first time. We must appreciate all parties that make Bitcoin can be easier to use and more accepted in more places around the world.

Prices don't weighs a lot but it is in the Adoption which has already been taking place. The demand is increasing as the number of users is also growing. This means that Bitcoin has a better future and we gonna expect that more developments will soon to come out in order to satisfy the needs of the community and more companies to accept Bitcoin. However, the development isn't instant, could somehow it takes time and hope we can't be bored waiting for it.

I don't think so, but at least its price is stabilizing, which is already an achievement if we hope that one day people will actually use it as currency. When there are very sharp ascents, the descents are usually just as abrupt, so it is better to go little by little

Bitcoin is difficult to predict, many say the price of bitcoin is unstable and some say bitcoin is stable, but I believe bitcoin will continue to advance and bitcoin will remain king.

Yes I think bitcoin is ready to move forward. Bitcoin now spreading very fast in community so lots of money coming from different parts of the world. Only big bitcoin holder can dump the price.It will now touch all time high in 2021. We can accept this.

Looking back on bitcoin’s history, the price of bitcoin is apparently constantly moving up, not down. See, from the beginning bitcoin created only $31 and reached ATH at the end of 2017 at the price of $19,891. Maybe for those who miss buying bitcoin at the cheapest price, will wait for bitcoin to drop back at $5000, but after that bitcoin will move up again. If you’re buying at $15,000, you can’t sell it now because the price now only reaches $11,533. Be patient, a brief wait for bitcoin ATH.

Of course, no one would be happy to hear that.  This is not news to be happy.  If you buy coins for $15,000, then surely your target will be to sell them for at least $20,000.  But if the price comes down to $5000, then no one can accept it.  It also has a solution.  If you do not know how to trade then you should not invest in Bitcoin.  There is no short term profit in Bitcoin. If you want to invest short term then my advice would be, do not invest in Bitcoin.  And if you want to make a long-term investment, buy Bitcoin.  If you can buy and hold Bitcoin, you will benefit in the future.

Market prediction of bitcoin and altcoins weren't that easy as people predict the market changes of stocks. The growth that has taken place with bitcoin over the past few years of time has been moving gradually with unpredictable price move at times as the one that happened during the previous bull run. Based on the history of price move, it is true that bitcoin is moving forward.

Yes, its absolutely moving forward. Lets not be worry about it, bitcoin is definitely a digital currency which is so volatile by nature, and we cannot control its movement in the market. However, people got saddened when its fall, but it will never stay on that low...it has a lot of changes and that would definitely satisfy the users as time goes on.

Bitcoin has, no doubt seen its ups and down. It it's stock market or a crypto market, almost everything is vulnerable to both lows and downs.


Speaking about bitcoins potential, no one cab say anything for sure. But having said that, it is most likely that the future of bitcoin will only rise.

You must really be a joker. And who said that Gold investors don’t experience the same thing, how did you get to know that, have you invested in gold ever before? There are times that gold decreases in price, it doesn’t keep increasing all the time. The same thing with bitcoin, if you check the price of Bitcoin in the years past you will see that it has really gone a long way.

The problem with most of you is that you’re only here for greedy search for a means to get rich overnight, which asset have you seen that goes up steadily without experiencing some slight decrease and all that? Bitcoin has gone from less than a dollar to the current price of over $11k, even going up as far as $20k during a bull run in the past years. Investments are all about risks and if you can’t take it, then shift to the side please.

This seems you doubt bitcoin, before entering in the world of cryptocurrency you should understand well the movement price of btc in the market. Of course, no one would be happy when buying high price and suddenly it becomes low. Btc is not comparable to gold it has pros and cons that people should know about. It is moving forward though, understand the flow of btc so you will know that value is volatile in the market.

Did you heard that there is one person which have a prediction regarding on the rising of cryptocurrency or even bitcoin? Did you ever experience having a prediction or expectation that the value of bitcoin will become $11k? If no then i am with you, never in my wildest dream i could encounter this cryptocurrency that i am truly admitted become the biggest part of my moving forward life. I witnessed how market values tossed up and down, each time you check the blockfolio you see the green lines and + sign you will be relief but after time you checked again you may see a - sign and a red lines and that was terrifying. But in all aspects of crypto fluctuation i guess  were the sole consistency that crypto has. But based on my observation despite all of these, i can see that bitcoin were truly moving forward to a more profitable crypto that each and everyone would be delighted to have.

Wayback in 2018,  we are hoping that it would reach 1k dollars, that time it would be it's all time high. And look at now, it reached 10k and not even dropping at that value. Take a look at the difference. From 1k to 10k now, isn"t that considered "moving forward"? Having that value means something good has happened despite the downs it experienced before. You see, I just got back here. When I stopped the price was around 5k. And now It is playing at 10k. Look at that. It doubled its pride from that time. I know it not all about the price, but having that rate is a good thing for me.

Below is Bitcoin's price for each year.

Mar 2012 : $4.72
Mar 2013 : $84.20
Mar 2014 : $440.49
Mar 2015 : $247.07
Mar 2016 : $415.32
Mar 2017 : $1041.53
Mar 2018 : $7646.06
Mar 2019 : $4500.00
Mar 2020 : $6543.32

This shows that bitcoin has been rising up continuously every year followed by dips in between. If you look at a long term then yes bitcoin has truly been moving forward.
I don't have to make it understand to you because the numbers are saying it all.

Bitcoin is getting low. However, it doesn't mean it's disappeared. Indeed, even the value tumble to $5,000, I will still pick the bitcoin.
You're assuming the BTC in the wrong way. Where were you when the cost was $2,000? Did you actually expect that cost will go to $20,000 one day?.
Just remember it's decentralized; nobody has the right to discuss it with negative comments. Just wait and see it will be on the moon.

for now, maybe the movement of bitcoin is not as significant as the past year, but you need to know that bitcoin is not a crypto that is easy to fall suddenly. Then the next thing you need to know is that if bitcoin loses its selling value, the crypto world will be no fun. because in essence bitcoin is still the parent of all the cryptos that currently exist.
and it needs to be emphasized again that without the creation of bitcoin, I don't think there will be a doorum like this. whether you realize it or not that 50% of these dorum are all trying to revive bitcoin. and the rest to share knowledge.

There are still many people joining bitcoin right now because what they heard about the potential value of bitcoin worldwide. I don't think bitcoin is still moving forward right now compare to the month of January 2020 when the price go up that make many bitcoin investors to achieve a lot from their investment.

Bitcoin cannot decide when its value will drop because it happens naturally. It's stability is one good thing since people have the opportunity to buy and sell at these situations but saying Bitcoin is not moving forward is kinda wrong because from the very start, Bitcoin's performance really reached some milestones. Its value is higher than ever and people learning about Bitcoin is also a reason on why we can say Bitcoin is moving forward.

Don't compare the current Bitcoin price with the Bitcoin price in 2017, because if you compare it will make Bitcoin look not moving forward.
Even though we should see Bitcoin from the first time it was created until now, it is clear that Bitcoin is moving forward. Moreover, the number
of merchants who accept Bitcoin as payment continues to grow, not to mention that more and more countries  that accept Bitcoin. Even the
number of Bitcoin ATM machines continues to grow, this all proves Bitcoin is moving forward.

Bitcoin demand is increasing and user base is also growing. This means that Bitcoin has a better future and we gonna expect that more developments will soon to come. The growth that has taken place with bitcoin over the past few years of time has been moving gradually with unpredictable price move at times, which makes me think that Bitcoin has been the best performancing asset in the last decade with the best recovery rate from the pandemic. (https://www.ultimatemoldcrew.ca/) We should nt worry about short term movements but look forward to the long tem future of bitcoin which i think is pretty promising in 2021-2022. isnt it?

Investing and supporting a new technology is much more exciting than buying and holding gold. The returns gold gives you doesn't even cover inflation in most countries. You don't get a rush trading gold like you do with crypto. It's not all about money it's about the underlying technology and the very reasons why cryptocurrency exists. Look at the bitcoin chart over the last 10 years then look at gold... You decide.
Being comfortable will never make you a success. You have to take risks.

I agree with your point. However, people who opulent with wealthy property tend to invest their money in gold because they find that stability is a principle key of success. You can not be reckless while holding a $1 billion fund like what you are doing with $10000. 1% in interest can worth more than 10$ millions and you cant imagine how big thats worth. Most of the ordinary people only earn $50000 annually. Their 1% income is more valuable than your yearly salary. How ironical it is

Well, if they are not participating in trading such technologies, there are chance for us to earn more money and become a rich with bitcoin and cryptocurrency.

Tho bitcoin was created as a currency, no one is saying you should not be an investor. However, investment as a topic has its "rules" if I may say. Firstly, you are not supposed to invest more than you can afford to lose. Restlessness and other forms of FUD come when you've done more than you should. Bitcoin is not dying, those who are presently hodling for the long term know this.

Actually a business person is a risk taker, provided that you really want to invest any amount you want, you can go into it, the amount of money to invest is not really the problem, the problem is the capacity, the ability to take the risk involved in bitcoin without regrets because the investor expectations might be positive but finally after investment it comes out negatively. So therefore no one blames anyone for investment of bitcoin in any form.

I understand your point but however let's go this way; the market is controlled by people who are buying and selling that means that the price will continue to fluctuate, we can't always expect it to keep rising at a steady rate, even when bull run starts there is also a time for price correction. Bitcoin is what it is because even after bear market where it might dump heavily there is still possibilities of it rising more again, at least this have been seen many times, but can that be said about other altcoins?, No.
Nevertheless, the idea is to understand that, the market is controlled by many factors and so far those factors will continue to exist because it comes from us humans, the price is Bitcoin will continue to react to the market. Gold is different from Bitcoin because it is a physical asset which you can buy and hold for as long as you want, volatility hardly affects gold but volatility do affect Bitcoin hence the reason for the price reactions.
Also bear in mind, that just as Bitcoin can pump massively to a very high price hence enriching holders, gold might find that hard to do; so in all instances both are different and also, we can be called investors in whichever case/instances.

For me, Bitcoin keep on moving forward because if not maybe no one will invest into it. The development of bitcoin is not just depends on it's value instead more than that. Bitcoin is now more useful than before. There are bitcoin ATM already functioning in other places and the the adoption of bitcoin keep on growing.

I am quite sure that Bitcoin is truly moving forward. I don't see anything to have some doubts about its movement in the market. I guess, we don't need to worry about the changes that will be made, instead we have to understand that its decentralized and the movement is definitely unpredictable. I admit, we won't be happy when it falls down, however, there's always good in it, to give way for buyers and other investors. And more so, when it goes up, we will all be happy I believe.

This is the reason short time price action is not what i'm stressed over. Bitcoin is a precious gem to me so I'm in as long as possible. It would appear that it crosses 12k this time then 14k. I know BTC dominance is high now so I wonder where it leaves us at the end of 2020.

In my research, I found some data which is positive about Bitcoin moving forward. If you notice on Bitcoin price from the last 7 days, you will get some. Bitcoin is now nearly $12k. Hopefully, it will increase more within a couple of weeks.

This article can be helpful to know the current situation of Bitcoin- https://cointelegraph.com/news/bitcoin-price-nears-final-hurdle-at-12k-before-bull-market-euphoria/amp

Check it out to know more about Bitcoin in the current time.

Yes, bitcoin is really moving forward in every way and has grown really well so far and is growing in popularity, and slowly everyone is realizing that bitcoin is a very good investment.
and bitcoin price is currently slowly rising and but bitcoin price can easily reverse the situation suddenly, but I am optimistic that towards the end of the year bitcoin price will continue to increase slowly.

You cant stop people not to think on what happened in the past because they will surely base off on what happened and will look and presumed that it will surely go to the same path.
You do have a point thought because if we do keep on basing on what happened in the past then we wont really see bitcoin moving forward because we do base it off which it isnt
really that right because it will really just mold up or will surely test your patience and if you arent really that good on handling it then that will surely result into
problem towards into your investment decision.

for me i think bitcoin is really moving forward considering the price of bitcoin before and now, so u can see the change, imaging how is going to pump in years to come and with the great potential it has, so Bitcoin is now more useful than before.

Volatility in Bitcoin is not as extreme as it used to be. We will see less dramatic price swings the more established it becomes. I would absolutely be comfortable with buying at $15,000 if it went up that high again. Just from it's scarcity alone it is logical to assume the price will continue to increase over time and the inflation of fiat currencies should help in it's price appreciation.

You guys have come again. Stop comparing the gold price to bitcoin, because there are lots of reasons why the gold price is stable. Gold is used in the space industries, It's used In making mobile phones that you use, it's used in making computer systems, it offers luxury for VIP, etc. And also consider how hideous it is to mine gold. Check all this and compare it with bitcoin, you will see the difference yourself.

I think you based your judgement from the previous all time high of bitcoin. Are you tired of waiting on when will the price reach its ath once again? Dont look on the last ath because its not a basis if bitcoin is progressing and moving forward.

Many people now are aware of bitcoin existence and started to engage themselves specially during this pandemic wherein many of us are looking for opportunity online.

Just look at the price we reach the bottom of $3k then the price bounce back to much higher price. It means the demand is high thats why its not plunging deeply.

The question is whether bitcoin will really move forward .. My answer is, of course, yes. And I believe in bitcoin because it clearly gives me the opportunity to make money, although at least I believe my bitcoin economy has changed for the better than before I got to know bitcoin ...

BITCOIN smells like a CULT, its ran like a cult, and its marketed like a cult. The deceivers are in charge of all operations. Take CHINA for example, the deceivers talk of 51%, but then change the subject when you say "+67%" of all BTC is mined in CHINA, Mining is how blocks are created, mining  decides which transactions go into blocks, with the KYC rules and black-listing, the future will be a place where if your address isn't in a KYC database, then the BTC at that address will be worthless. You will be given a short period to report, then all coins will be considered 'tainted'
Thus BTC doesn't have much of a life, and it certainly isn't 'a long term store of value'

On the GOLD subject, GOLD has never gone to zero in all human history, but ponzis and scams and parabolic rises always revert to zero. It's the nature of mass insanity, tulip, south-east, or east-india company

All of the BTC narrative pushed by the deceivers is based on LIES, there is not a single truth pushed by BTC believers, nada nothing. They deny everything, which makes me think that 99% of the narrative-pushers on this site are 'bots'. You point out the flaws in BITCOIN and the bot algo just say 'hater' when negative sentiment, and 'hodl' when positive sentiment. You ask a serious question, and your told to go to the beginner section, to be re-educated and fed bile.

Moving forward? No, but its clearly running out of steam.

There are dozens of serious problems, but the most serious are these two.

1.) We were told that BTC would make 'our own bank', it turns out that ingress/egress is through coinbase, which is the IRS; This is a dead end for BTC.

2.) We were told that BTC was private; The bitcoin-core refuses to make BTC transactions private, they keep the addresses public, and all history, this is so GOV's can black-list all high-values addresses that don't have proven KYC files attached.

Given 1&2 above, and given the fact that early adopters came to btc for these reasons, then the only reason to stay is to MAKE MONEY, or better said "Ripoff people".

 I doubted on bitcoin and stop to use it because i think that i have to stop using it because i thought i am just putting my money into a waste but it was a big mistake because i missed a chance to earn a lot of money. What i mean is just to believe in bitcoin and it will give you a chance bitcoin is really moving forward and we can see that when we realize that the prize of bitcoin  and that is the time i started  time of bitcoin.

and now what happens, your thinking one year ago is inversely proportional to now. There are people who have been patient from the past until now, feel the joy. indeed bitcoin when compared to gold, will be more dangerous because it fluctuates or is unstable from time to time. while gold tends to never decline in value. But with bitcoin, a person can get a lot of profit when they want to trade and wait for the sell value to be higher than the buy value. surely you will now feel happiness if last year you did not compare bitcoin with gold, you still held bitcoin and did not switch to gold.

Anybody investing in Bitcoin should know what he is into, as at the date you posted if the person holds till last month you will know that the rate at which the profit increased is not a joke which I don't think any gold holder has access to in like a year. Life itself risk is associated with not talking about business.

Bitcoin will continue to move forward technologically, but the price will of course be easily manipulated by the popularity of a whale, but I'm sure this is only temporary, lately Elon Musk's fomo is starting to be unbelievable. This signifies bitcoin is very advanced in terms of technology. Not from the other side.

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And the more bitcoin tries to be preached in terms of good and bad, the public will be more interested in bitcoin, We've been through it in 2018, followed by the presence of tesla in this year, bitcoin will only be famous, I really like bitcoin technology, using bitcoin as a means of investment is the right choice.

[moderator's note: consecutive posts merged]

The answer is yes. Bitcoin has been developing for 12 years since it came into being, and there will be more in the next 12 years

You only focused on the price of bitcoin at that time. But the development of bitcoin is not only reflected in the price of bitcoin, but also people's recognition of bitcoin.

For example, Japan, Germany, the United States and other countries support bitcoin payment.

I hope you are still in the forum and even not in crypto you must have seen how far Bitcoin has come from the $20k you mentioned back then to above $60k  recently. If you were truly a crypto enthusiast and have studied a bit about the past Bitcoin price even before you made your post back then, you must have seen how the price has changed over the years, and up till now, we still have people like you panicking every time Bitcoin price dips a bit.

If you closely observe Bitcoin, right from how it started and where it had gotten, you will understand that Bitcoin is truly moving forward. When it all started in the year 2009, it value was $0. We all know Bitcoin to be an unsable coin, which it prices rises and falls.
And when Bitcoin falls, as an investor, you take advantage of the situation by buying more of it. Because it will surely bounce back. Is time we stop panicking about the present situation of Bitcoin.

Good question. Technically, bitcoin started from the lowest and it did go up to somewhere up which no one could ever imagine. Meaning to say that, people who went in from the highest price of the bitcoin and was expecting to profit is somehow something that has to be argued with.

Bitcoin is not your typical investment vehicle. People only invest here by choice and without force. Risks are transparent enough for the people to decide their fate. Lows are already expected unless you believe that things go as fantasy.

The point is, people only believe when things have results. Then they expect to have the same when they go in. They feel like things go like that but it's not. This applies in investors who only feared on missing out. That's their problem. We're good at what we know and what we're doing. Unless they seek advise and help and personally reach us. We would be more than happy to assist.

OP, please. Why are you so confused? I think you should follow the right people on Twitter. I have not missed the 2021 Bitcoin Conference.

https://twitter.com/TheBitcoinConf?s=09 (https://twitter.com/TheBitcoinConf?s=09)

Let me tell you that it is incredible, very positive for the community and good news how it is.

I know first about Bitcoin in 2016, in that times the price was around $400. I buy it some and then sold it all in price about $800. Now I regret sold it, because now the price is touching $64k. So from my story, actually Bitcoin is good asset for long term invesment, its not for short term investment because probably we get loss.

In my perspective, bitcoin is indeed moving forward. From the day of its establishment, major positive changes were seen. Of course there are some bumps along the way, but bitcoin managed to overcome. There were numerous instances that its value dumped because of several allegations and false statements made by some known people. Bitcoin's reputation has been tampered, especially to the mainstream media because of scams and schemes they are trying hard to relate bitcoin with. However, bitcoin is still soaring and even managed to surpass the threshold.

Bitcoin is known for its decentralized nature and its volatile rate. It is normal and usual day if its high value goes down and vice-versa. If you are worrying about bitcoin's position on the chart, fret not if you are an investor. Because surely its value will recover and bounce back in no time. It is the traders job to monitor the price in the market because that is how they make profit.  

Call it depreciation,  a pull back, price consolidation or a crash believe it or not people get excited about this as this presents an opportunity to buy lower than it was and not really scaring people.

If people take the path of checking price every second..
tbh people wouldn't last a second in these markets because volatility is the name of the game! Buy and hodl, and stay away from these charts but checking on your portfolio once in a while is okay so that if markets go up you can take out some profits or if markets go down you could bag more crypto coins into your portfolio.

And yeah bitcoin (crypto)is moving forward.

when price is extremely volatile just as what we exprience, its not going to be  very fitting for a regular currency use like what El Salvador President wants. but yes BTC will move on despite this bear market. it will months to years though before it could regain back again. it sdepend to the crisis and if there will really be a war.

Indeed, Bitcoin has the greatest potential for decentralization as the currency of the world: Bitcoin is the first distributed virtual currency. The entire network is composed of users and there is no central bank. Decentralization is the guarantee of Bitcoin's security and freedom. Circulation around the world: Bitcoin can be managed on any computer connected to the Internet.

I think that one of the most common ways that BTC continues to advance is because it has the support of very good investors, not only those investors who do not make themselves known, or who are on a small scale, but also large ones, such as MicroStrategy. , as it will increase the sale of junk bonds by 500 million dollars to buy more bitcoins



Source: https://cryptopotato.com/microstrategy-boosts-500m-junk-bond-sale-to-buy-more-bitcoin/ (https://cryptopotato.com/microstrategy-boosts-500m-junk-bond-sale-to-buy-more-bitcoin/)

This means that the more time passes, more investors will believe in BTC and therefore the price will continue its bullish turn. So things are going in a good way as time goes by, it is a safe action or currency.

Bitcoin is always moving forward. For such a strong technology, the period between its beginning and what we have now is negligible. Although during this time we have already seen how seriously everything has grown around this historic white sheet and what wonderful projects it has overgrown. I think this is just the beginning, and then the world will finally accept Bitcoin and other cryptocurrencies, and at the same time a community that will expand many times and build a new, more just world.

It's not supposed to be the price that we should term the "moving forward" when it comes to Bitcoin and as well as "the future".
How about we all focus sometimes in the adoption as well as the term of moving forward? It will come along with the price we're talking about in here. :)

My favorite part of this thread, is how it basically answers itself over time.  Even if no one else every made any comments under the original OP and it just sat there

When posted prices was about $10-$15k, 8 months later it is roughly 3 times higher.

Is it truly moving forward, um...there seems to be a fair bit of evidence showing it is ;)

The higher the Bitcoin price pumps, the bigger the % correction that will occur after reaching the peak. This is a condition that is easy to read and also allows us all to learn to be calmer in holding digital assets. Never panic when a correction occurs, because every price correction will bounce again to get a more suitable stable price.
Use common sense, and don't be greedy, human poverty starts with greed and doesn't care about other people.

^ I disagree with this logic of yours, BTC will always have an ATH or all-time high and it will probably decrease more or less 50% from the ATH that BTC recently reach. Yes, BTC is truly moving forward because as we see this year there is another ATH and we expected that after 4 years there will be a new ATH will come. The demand and supply will always matter on the price and I think, if you can see around, there are too many big investors that recently adopted BTC as their investment just like Microstrategy and the biggest Telsa company.

Every 4 years, there will be an alt season and BTC will reach its newest ATH after the halving. The price correction I mean is when BTC reaches a new ATH, there will be a bearish condition, and after that the prices of all cryptocurrencies will stay at their new normal price after their latest ATH.

Investors will keep Bitcoin around and last longer, so this cycle will continue to repeat itself until it finds a point of boredom.

Obviously, Bitcoin has been moving forward. His shortcomings are slowly changing, he will develop more and more perfect in the future, and more people will come to believe in him.

Yes, let's make a guess.
Although the global stock market is more than 70 trillion US dollars. But in the eyes of various financial derivatives, he is a younger brother. The total market value of global financial derivatives is approximately US$1400 trillion. (This is just my estimate, don't take it too seriously) Bitcoin needs a price of 60 million USD/unit. It can be comparable to the global total assets. The upper limit of Bitcoin in the next 100 years may be 60 million USD/unit discounted to the current price.

Even the creator Satoshi Nakamoto won't recommend people to have Bitcoin be considered as a safe-haven asset. Bitcoin's price is too volatile enough not to be considered as one.

I don't think this was expected by the creator but now, Bitcoin went up dramatically. It only means that there is a chance that people would get disappointed when it drops. And this is a fact.

The increase of Bitcoin is not just remarkable, it was insane. People were only expecting it to increase at least 100USD per Bitcoin. But never though it would go this far. But then, this is actually a good problem.

Looking forward to Bitcoin's development in the next 5 years.

To me, bitcoin's rise up to this point is already a huge value, it has increased in price hundreds of thousands of times to reach the value it is now, Bitcoin's rise will depend on the market of investors as well as investors people who love it.

I was surprised to see the change in the price of bitcoin now, in 2018 the price of bitcoin fell drastically and I was disappointed because the bitcoin that I held fell in price but in 2021 I am more enthusiastic about holding bitcoin.

If the price of the dollar falls then it is very good for the development of other countries' currencies to pay off their debts.  Btc is also very good if the dollar falls, because btc acts behind the dollar index.  While the dollar does not act like btc.  Because btc is from the people for the people and there is no state controller to regulate the price of btc as it affects the high dollar price because the export index is higher than the import index.

and new things that can indeed help the price movement, although it is not certain... but so far it has proven that bitcoin has indeed had a very good role for everyone who knows about it.

Just by considering when was this topic created and the current status of bitcoin at that moment compared to now, we can already conclude that bitcoin is really moving forward. Take a look at how much bitcoin's value has increased after it went to a bull run once again. Even though the value is going down right now, it is natural because corrections are much needed so that it would be stabilized more in the future with a high price. You just need patience and faith when it comes to bitcoin, all will pay off in the future so try to avoid being the one who regrets what he did with his investment in bitcoin.

It's to early to predict if Bitcoin moving forward, traders watching also and they can manipulate price of Bitcoin, they bought in low price and now they can sell it. If Bitcoin going to 15k$ many altcoin going down also,, many of them defend of Bitcoin price.

Yes! Whenever there is a new technology, people hesitate to accept it. Just look at the adaption of Bitcoin in past 10 years you will see a gradual increase in early years and somewhat sharp increase in past few years. This shows that Bitcoin is definitely moving forward with a bright future ahead

If we study the price of Bitcoin right from when it started back then in 2009, we will realized that, Bitcoin is truly moving forward. Bitcoin was trading around $6k in October 2018, but dropped to $3k in December 2018. Now, take a look at the price of Bitcoin today, is around $39k. Bitcoin will keep moving forward.

First of all, you must understand the risks before you decide to invest or buy Bitcoin...

Bitcoin is a decentralized coin, Bitcoin is very volatile, and bitcoin is not a stable asset. you might buy Bitcoin at a price of $ 10k then a few days later it becomes $ 20k or even drops to $ 5k. Bitcoin prices change very fast every day so you must have a 'strong hand', don't sell when the price drops.

Bitcoin is the best asset that we have in our generation. If it has a correction, it was also the asset with fast recovery rate that's why true investors who have knowledge about bitcoin did not worry about the short term price dropped. Actually those investors always wait for the bitcoin price to dump so that they can buy more from the weak hands that panic selling when this correction time comes.

Bitcoin is now more than ten years of existence and from the beginning up to now, you clearly saw the improvement and development in bitcoin. It always have a positive movement and it's growth will continue as long the demand will continue to increase.

Always remember "Haste makes a waste".Trading is the business of patience and calm. whatever you trade Gold or bitcoin, There need to wait . There are also chances of loss including profit. The rate of bitcoin is continuously rising since its beginning. But there is fluctuation in all businesses. Good traders have the courage to lose or to gain, they have the ability to earn in all situations. There should be no anxiety in the trade.

bitcoin almost reached a bearish price peak in the first week of 2022, not that bitcoin will continue to fall below $40k, but where people are starting to restart new investments in 2022. bitcoin crash early first week of this year will be early preparations investors panic buy in the next week,

Lately i've been digging some of the old posts from satoshi about the original design and goals

https://bitcointalk.org/index.php?topic=1388.msg37762#msg37762


https://bitcointalk.org/index.php?topic=845.msg11403#msg11403


https://bitcointalk.org/index.php?topic=57.msg4772#msg4772


From this and some other, it doesn't seem at all bitcoin has been designed as anykind of dividend yelding stock that actually pays someone to develop something of value at all. Neither anonymity seem to be have been a priority goal with the protocol. Neither it was made to be decentralized in the first place.

What you are buying right now is peoipe HODLing on exchange selling hype and wind far beyond any kind of utility of commodity value without themselves contributing any significant value to the network.

It was design as peer 2 peer cash, with a core of tier 1 nodes doing the mining and maintaining full nodes, while users are supposed to used some SPV that was never truly developped, and the scheme of buying it to gain a profit at higher resell value seem to be a flaw of it rather than a feature, which if would that happen would be seen as bad and only having bad outcome on the long run.

Whenever BTC fell in price then we start discussion that Bitcoin will collapse to some very low value. We need to understand that its the right time to buy Bitcoin. Remember when someone is selling some other is buying. Right now panic sellers are selling but who is buying? The buyers are the one who buy when its low and sell when its high.

I would not say we will not see 39k or lower,,, but I do agree that this year marks a new investment period for a lot of people, and especially companies and governments who know halving comes much later and with that price increase and ATH following. OR it could come even earlier and they all make profits faster.

I believe we may even see 30k if people panic, but it will not be the end for BTC.

Surely, Bitcoin is moving forward since its beginning. It has good progress in its value and price. If its price goes down due to whale or some other reason. Then it has the capability to restore its position after some time. Jumping and dumping are the grace of this business. After this, it takes some time for correction, and its price rises up. Its value and rates have increased many times since its start in 2009. So there is no doubt that bitcoin is truly moving forward.

if you buy at $15,000 and it depreciates to $5,000 buy more, never let fear becloud your sense of reasoning, Bitcoin will definitely rise and even persons who purchased it when it was $35,000 would still benefit. So instead of stop buying because of the dip, stop buying because you're out of finance.

Yeah, Botcoin is truly moving forward. Bitcoin is most Popular  coin and most valuable coin.Decentralization is never be stable its price goes up and down.

Bitcoin will be definitely rise in this year.Bitcoin price was few yeas ago around $400-1000$ but 2020-2021 bitcoin price more increase. Now bitcoin price around $41k+ i hope BTC price will be more grow this year.

just look at the price increase since the inception of btc. i don't think people should still be in doubt about btc. we've come a long way already and the up and down movement is just a normal part of any market.
if you look at the big picture, you will realise that btc market has increased a lot and now, with more adoption from big companies and individuals around the globe, only time will tell that we will soon see a new ATH for btc.

I don't think that there is a direct correlation between the decentralized nature of Bitcoin and its price on the market. The decentralized consensus among thousands and thousands of independent peers is achieved on a level that is completely unrelated to the level where buyers and sellers decide at which price they would like to exchange their coins. It is true that it is through this consensus that the users of the network provide sustainability of the total supply of Bitcoin, but this metric is known to all participants on the market and therefore can't be affecting the volatility of Bitcoin. However, if the vast majority of users suddenly decide they don't like what bitcoin has become, they theoretically can change the total supply, and then that would affect in a direct way both the price of Bitcoin and how it is moving.

That was because the adoption has made stronger and seen better results.
I was looking forwards that more and more people will appreciate Bitcoin and seeing the huge benefit of using this new technology, not just for being an investment alone but as for a currency instead. We probably all have positive insights about Bitcoin and that become hopeful to know that more companies, more countries are in the way to give the full support.

All market is affected mate.. So stop wondering why when dollar or stocks market is going low bitcoin is doing the same way because that's what it is, probably only traders knows about it, especially those who trade both market.. And yes bitcoin will going forward but not now because as you can see we are in bearish season and it will take time to be honest.. But one thing is for sure after this expect another all time high value. Infact every year bitcoin always break new records so i wouldn't be surprised if bitcoin breaks 2 ath again this year.

If we judge whether bitcoin is really moving forward, it is possible, but difficult to predict because it all depends on many factors, especially market and user adoption.
and however it can be seen that the development of bitcoin is currently growing rapidly and its existence is increasingly known and also in demand by everyone and also from various circles, and although what we have seen its development so far continues to advance and become more and more popular, but we will not know in the future.
but I am optimistic that bitcoin will continue to grow and increase in price from year to year if you see the trail of its journey and also the good benefits for those who use it.

This thread got created more than an year ago. By then market price of bitcoin was around $15000. OP was into discussion what if bitcoin falls back to $5000, but the growth that has happened over the days after $15000 is the answer. The market is moving forward and the truth can be understood not with the price, but with the adoption and acceptance of bitcoin compared to the year 2020.

Adoption and its popularity are constantly growing, so there is no doubt that the project is constantly going forward.
Doubts related to the drop in price have been repeated from time to time for years. If I remember correctly, Bitcoin has collapsed over 100 times in 10 years.  ;) ;D

Why people cant really just believed that price drops and corrections is part of a real market? We couldnt just have a continuous upward movement which it couldnt be called a market in the first place.
If we do look back from 2009-2022 then we have seen on how Bitcoin did able to survive the test of time and the level of adoption and recognition that it has on the past until now
which is really comparable or you could really say that there is really such adoption is taking place even though it isnt really that much fast but at least we are
seeing some progress.

And we can see the huge difference for that short period of time which it was pretty obvious that the crypto market is continuously growing and the price keeps increasing. It may be 1 year from now the price will have an additional 30% increase or even more surpassing $100k.

Ohh, yeah, we don't just refer to the price but also how the people give interaction to the market and somehow to show more adoption have happened. This will show that more people are seeing how Bitcoin could change their lives and even make them better.

This is what I'm talking about. Every financial market has its better and worse moments. It is true that the cryptocurrency market is one of the most volatile markets and therefore the most risky in the short term. However, if we look at the historical charts, it is very clear that whatever happens, Bitcoin is still growing. I'm sure that it won't change over the years, so let's calm down and HODL!  8)

Hmm... Good question. As far as Bitcoin goes, it has the most powerful crypto community behind it. This means a lot of people working 24/7 to improve Bitcoin in all aspects and making sure that Bitcoin is and always will be ahead of all the Altcoins. One day we might lose interest in Bitcoin but I really doubt it. Bitcoin is and always will be the peoples favorite. Because its the original. It gave us freedom.

Bitcoin as a digital currency or a digital asset is not controlled by anybody or some groups of people somewhere doing some manipulation, no, the price of Bitcoin is always on the ups and downs. That is why in making investment into Bitcoin and crypto currency at large you should be ready and willing to face the risk. Bitcoin so far from the recent highs of $15,000 has gotten to new highs of $40,000 and $60,000+. People who bought at $15,000 are currently see a whole lot of profit from the market if they held for the long run, and that is also why when the price goes down, you patiently wait for it to bounce up, because it always do. That has been the nature of Bitcoin right from time and it will always be like that buy at lows, sell at highs, hope you remember this rule.
Bitcoin is moving forward and aiming for greater heights for the crypto community and its investors.

That's what I was thinking too, I am pretty sure that bitcoin having the crown as the biggest cryptocurrency in the market, I am pretty sure that there's definitely people that are working hard to be able to improve or maintain bitcoin as it is right now. I don't know about OP but I think that each day that we are using bitcoin is a move forward for it in my opinion.

From the ATH ? actually bitcoin crashed more than 40% as the highest price hyped up to almost 69,000$ and that is a huge amount comparing to what bitcoin valued now.
but i don't see this as negative effect instead i am looking for this as a advantage to purchase more(at least if we have funds available lol) and yes I have mine but small amount to be added in my holding.
Year after year bitcoin is recording new prices , there might be lowering sometimes but will make a big jump in the following .

In 2021 it goes to high price but in 2022 still we have no guarantee, it will raise or not.

Bitcoin is still moving forward even if prices go down the drain within a short amount of time. We've seen a country like El Salvador adopting Bitcoin as legal tender, while prominent figures like Elon Musk and Mark Cuban have invested heavily into it. Not only that, but development is happening behind the scenes. A few months ago, Taproot was activated on the Bitcoin blockchain. This will pave the way to further scalability, enabling lower fees and lower wait times.

Just because prices are falling, doesn't mean that Bitcoin's progress has stalled. You have to consider mainstream adoption, and the project's development progress to be able to tell whenever Bitcoin is succeeding or failing altogether. What matters is not the price per coin, but rather its usefulness. As long as Bitcoin is useful, nothing else matters. Just my opinion :)

I am very sure that if there is no prohibition on the world of bitcoin from various countries and also the rejection or opposition that is so hard by many people but it does not make bitcoin waver because I am very sure that bitcoin will be very advanced even though it gets some rejection if it is later adopted by bitcoin. by various companies and other parties I really believe that one day bitcoin can be better than money in the bank

bitcoin is very difficult to guess at the beginning of 2022 there has been no bitcoin price movement but currently investing in digital money is increasingly popular with the public, maybe this is a sign that the price of bitcoin is likely to rise again.

Yes, I think bitcoin will hit  at least 90k this year.