Bitcoin Forum

According to Elon Musk, the price of Bitcoin will increase by the end of winter.  And we should not lose hope.  We have to harden our minds.  And everyone needs to hold on to Bitcoin tightly so that it doesn't get traded away from the market.  Whoever has the amount of BTC deposited, rest assured.  And wait, something good will come inshallah.  Inshallah BTC price will increase by mid 2023.  And I believe in Elon Musk's words, so you should continue to believe.  The price will definitely increase.
https://imgur.com/a/XFaaPeI

Elon Musk did not tweeted that bitcoin will increase by the end of winter, the statement 'bitcoin will make it, but might be a long winter' means the bear market could be long.

You should not believe in people, I will advice you to believe in yourself if you can do appropriate reserach on bitcoin. People are expecting 2023 to be for bulls and bears as the price will increase and decrease, while 2024 for more significant bull period.

If I invest on bitcoin, it is not because Elon Musk say anything, it is because I did my own research and still believe that the 4 year cycle will still repeat itself ones more.

Correct, also people will soon understand that no elon controls the big picture, and btc is known to surprise everyone out of nowhere. Theres likely a possibility we can even go mega bull mode starting 2023 (given the massive bull div on weekly candles). However, just stay safu during periods of fomc meetings and cpi dates, otherwise it will always be smooth to trade. Elon's words mean nothing to me :)

I woudn't trust Elon Musk much. He's a manipulator and is only doing or saying something for his own good. And he's absolutely not a Bitcoin expert, more like a shitcoin shill.

Do you still believe that the words of a person like Elon Musk can be considered a good investment opportunity for you? You are now following a person who has millions of followers, and therefore what he says is considered an "axe in the head" and not an investment opportunity.

In general, what the man said is a good opinion, but the investment is based on clear plans and not just opinions, and if you want to listen to opinions, then this year and next may be a good opportunity to build an investment portfolio.

https://i.imgur.com/KnPt7Kr.jpg

No prediction can be made with exact certainty about the Bitcoin market, but considering the relative ups and downs of the Bitcoin market in the past years, Bitcoin will be bullish in 2023, 2024 and 2025.  The Bitcoin market was bullish from 2010-2013 but in 2014 the market saw exceptional momentum and the market declined by -58% from the previous year's market.  The following year, from 2015 to 2017, the market value of Bitcoin increased, and three years later, in 2018, the market declined by -72%, the lowest Bitcoin market decline ever.  Again the market increased from 2019 to 2021 and in 2022 the market decreased to -62%.  So if the market is going through a certain cycle of highs and lows, then assume that the Bitcoin market is likely to grow in the following years.  Moreover, Bitcoin will not be completely destroyed, but a support line will come and the momentum will rise.

No one has really seen the future. To be honest there are possibilities that BTC might fall or there are heavy possibilities that Bitcoins will rise. What we can do is just estimate and predict according to that. Moreover 90% of the Bitcoin holders don’t care about Elon Musk’s prophecy. I mean before Elon Musk, they were still believing in Bitcoins and will continue to do it so. Bitcoin always follow the 4 year cycle pattern. So definitely something good is coming very soon. Just don’t lose your patience and hope.

i didn't know Elon Musk is a world-class economist. I thought he was mostly making bad cars and manipulating his company stock and other assets through his twitter account.

Elon Musk is not an authority on the global economy. His opinion does not mean much. If you want to invest ... spend some time for your economy and history eduction and unfollow Elon Musk (AKA tHE Great market manipulator).

Yes, I think so too.  But I see Elon puts a lot of faith in musk that it will grow by the end of winter.  But I agree with you and I have also invested on my own initiative.  And waiting for its price to rise.  And between 2023 and 2024 its price seems to increase.

It does not end all with just holding, there must be reasons to why your holdings must occur and targets to meet along with the timing stipulated for the duration your holding will take and while holding ensure that your bitcoin has it keys to your possession by using a decentralized wallet


This may be either before or after the mid year 2023 but there's certainty forbthe occurrence even though we cannot predict precisely when exactly


Why should you work by Elon Musk words when he also cannot be sure of himself of what the market may predict anytime, it will be better you conduct your own research and work by what you see coming and not what one says.

https://i.imgur.com/GQ7LSJv.jpg

This tweet reply by Elon musk is simple and straight. It will take a longtime that is but the time is only short now because we are almost to 2023 and the bear "winter" can't go more than the next halving in 2024. If going by history of bitcoin, it is normal. In 2018 it is the same so Elon musk can't influence bitcoin price, we know the circle is 4 years to buy now is better soon bull rally will start without the winter.

Bitcoin will likely neither pump or die in 2023. Well it definitely won’t die but I don’t think it’ll pump. We’re in the middle of another crypto winter. I don’t envisage any scenario where bitcoin pumps. You are talking about 2024/25 until we see the next bull market. In short, 2023 is likely to see a bottom formed, potentially a capitulation event which confirms a cycle bottom. We will then start to recover & end 2023 above $30,000 if we’re lucky. No all time high until late 2024 though, maybe delayed until Q1 or Q2 2025.

It's not wrong to believe what other people say, although everyone has their own right to believe or not believe. Now, in this case, it is Elon Musk who said that he is a person who is very well known in the business space, but you also need to know that what he said still has the possibility of going wrong so you don't need to feel disappointed when what he said at this point is not occur as predicted when the time comes.

I have a question for you. Do you invest in bitcoin only from Elon musk motivation?Wouldn't it be better if you invest in bitcoin with your own strength and your own analysis?
You don't need to put too much faith in currently trending artists "Elon musk. You have thoughts that you must carry out. Investing in crypto has a lot of risks and those risks are yours not elon musk. and bitcoin price predictions in the coming year are not necessarily correct and if elon musk's trust is wrong after that the price drops deeper, are you still sure and sure about elon musk?




Invest trust your own predictions, not the predictions of others.

Those are not the only two options! Bitcoin may never rise up again and still continue staying strong and provide its unique utility to the entire world as the only decentralized payment system.

Nobody really cares what Elon says about bitcoin ever since he started his FUD campaign a long time ago.

You should educate yourself about what bitcoin is and stop seeing it as a profit machine!

Nobody doubts that bitcoin price will start rising in the near future but as I said Elon Musk lost all credibility when he showed his true colors. He is just a big troll and I go as far as calling him a scammer who attempted market manipulation which worked for Doge and only once to a little degree about bitcoin. His subsequent attempts failed miserably though and now he is trying to regain that attention again hoping people have forgotten his FUD campaign and market manipulation...

We really must not lose hope and remain patient, waiting for the increase in bitcoin. But you don't need to worry about what other people are saying but do your own analysis because that doesn't guarantee they are right. Also, no one will know when the bitcoin price will go up or down and people out there are just speculating. Maybe we still see the price will be like this next year and will start to increase after mid-2023. Anything can happen.

I'm curious how much price increase Bitcoin will achieve after the last ATH because it won't be easy to increase the price and it may take a while before the price makes a new ATH.

First, you should stop trusting someone's claims if you want to invest in bitcoin. Elon is a very influential billionaire, but in the crypto market, he is just an investor like us, his goal is profit, so don't believe what he says, he just wants your money, your money is his profit. History has proven bitcoin always rises again, once the bear season is over, the bulls will come. All the longtime investors in this market know that there is no need for Elon to teach us.

Yes, Elon Musk is a manipulator, and probably not many people believe him now, but still he has some impact on the cryptocurrency market. I like the fact that he at least talks about cryptocurrency. I mean, more people are learning about crypto through his tweets. Whether they believe what he says or not, he is an influence and creates more hype around bitcoin. Someone will read his tweet and buy BTC. That's probably a good thing.

I think it's just a vague speculation but indeed I agree with what he said even though I don't like elon.
Bitcoin will work but it does with a note at the end of the sentence actually. he said things like that because indeed he also can't confidently say that this will be good enough in 2023 but what is certain is that bitcoin will still succeed regardless of what it is.
although indeed in this case it takes extra effort to withstand the conditions we have now.

We should not take anyone’s expectations fatefully, regardless of his position, experience, and wealth in the crypto market, because there are those who build their expectations and analysis according to market realities and popular events, and there are those who build according to their personal, non-scientific ambitions, and I see that the price of Bitcoin will continue to decline during 2023, which is the expectation closer to the truth, the crypto market witnessed a collective fall of cryptocurrencies and a series of bankruptcies for a number of altcoins and platforms, in addition to attracting investors to altcoins and new projects without bitcoin, which will affect the price later, but it does not matter when bitcoin will pump, the most important thing is to hold it, whatever what harsh conditions we will witness.

I think you're not only new to this forum but new to cryptocurrency also. Elon musk is an ordinary person just like you. He has no power to control the price of btc. He can only predict just like every other person here which he did in that Tweet. If you are familiar with the history of btc price in the previous years, then you have nothing to panic about. Adyor!

Elon Musk is not a bitcoin predictor in the future I will not be affected by his tweets because we hold bitcoin on our own basis and also research that is carried out by us so believe in the future the 4 year bitcoin cycle will happen again but this is not necessary at all Elon Musk is called a manipulation.

Bitcoin is not going to die I believe it will grow again but I will not stop to keep hoarding as much bitcoin as possible so that after the 2024 halving we can meet the expectations for the bullrun to come but believe that the cycle will still be in force later.

2023 will not be a big event for bitcoin we will still see bitcoin in recovery accompanied by a long bearish run so I believe in the coming year we will still be bitcoin HODLers.

Definitely, Elon Musk can't control the price of Bitcoin but he can move the price of BTC somehow with his tweet. But that happened in a long time ago when he decided to invest in Bitcoin however, with the recent FUD about mining isn't eco-friendly he just turned around and sell his Bitcoin when the price was in the peak at that time and gained enough profit. Then he suddenly switch to altcoins as what the others been trying to make some profit with those memecoins but he definitely gained more profit because of those people who followed him.

As for the, OP, as the 4 year cycle turns there's always a bull run going to happen in the future. Just do your own research and invest the amount that you can afford to lose.

Actually, none of us can predict the price of BTC not even the founder himself. He can't stop BTC anymore if ever he has a plan because it was already deployed and many of us holder won't want that to happen because BTC already did a lot of things to us. We will support it or save it if it's in a critical condition.

If you check on the image posted by the OP. Elon is positive about his tweet. He didn't said that BTC will die, which is a good thing. This encourages BTC supporters and this might help the price to rise as early as the expected dates. If you have a big dream then yes you must not quit buying and hodling BTC, because there is still more to come from this coin.

People should read this up because wrong information or things could spread up with those people havent really able to verify out if Elon did really say such things or not.He didnt really make out some
claims that it would be guaranteed having that increase by the end of winter. I do rather see those realistic approach when it comes to that 4 year cycle which is something i do believe
that this is the time on where the price will really be making out some significant recovery or movement which we do all waiting for but of course you should not expect that
much because its not really that an assurance that it would happen.

This is where the market is wrong by following the advise of those who just shill the market. Elon doesn't know that and just speculating too, if it goes longer than we expected then we just confirming he's the one to believe in, which is wrong, it's just an speculation. No one knows the timing of the market especially crypto that's considered a wild west.

As it was said Musk did not tweet that the price was going to increase in December. Even if he did that he's not a man you should trust. Did people already forget that Musk pumped bitcoin saying that it's great and is going to be accepted by Tesla and then backed out of it saying it's not good for environment and uses too much electricity. One of the smartest people in the world didn't know what he was buying or maybe he knew what he was buying but wanted to pump the price and make a quick buck? Which do you think was more probable?

Bitcoin will not die that I'm sure of. It may not go up by a lot but I expect it to at least go back to 20k.

It's kinda absurd though if someone will claim that bitcoin will die because it will not, we have been in existence for more than a decade now and so far we have a lot of ups and downs but we did manage to overcome it, like the so called Flippening and Rippening in 2018, the Covid-19 scare in 2020 and the war in Europe and the Terra Luna and FTX collapse is 2022. And probably there will be another black swan even in 2023 that will pull the price to go down even further to a new lower lows. But it doesn't mean that we won't recover from those tests moving forward. We should all be looking in the future specially the next bitcoin halving in 2024.

What's more likely to happen is that Bitcoin won't pump in 2023 but it won't dies as well. Bitcoin has a large community of users and market downfall just became normal for this industry in general. I think market recovery is more assured to occur on 2024 (next Bitcoin halving). But things might change; if there will be news into this technology such as huge companies accepting Bitcoin, it could wake the interests of potential investors to engage towards this industry. If things would be the same as with 2018, investors should be ready to hold for another year.  Anything could happen still; if you are losing hope, try exploring this market's history to somehow lift your hopes up. 

In 2023, I don't know if Bitcoin will be able to increase in price, but my prediction is that it will be a bearish year, but I can assure you that Bitcoin won't die in 2023. And if in 2023, I hear more news that bitcoin is dead, I will be happier, because I think when the crowd panics, that means we've bottomed out and can buy more bitcoins to prepare for the bitcoin bubble to burst later. Bitcoin bubble will burst in 2025 at 200k, that is my prediction :P :P.

Bitcoin price is unpredictable in the community which nobody know if the price of Bitcoin will increase higher in 2023 or it will decrease more than it's now in the future.But the most important thing now, is to carry out your personal research to know whether next years will be  better than this year or this year will be better than next year. I don't think, Bitcoin will die in this bearish condition because their teams are very active to make it pump in a way investors and traders will rejoice again in the market.
The opportunity to prepare for a better future is still on, I believe many have embraced the opportunity to buy Bitcoin and hold until the price increase higher.

I never know what to happen but one thing I am surely believe and that is Bitcoin will never die in 2023 or even in the next 5 years more so keep your faith high for this important cryptocurrency.

While Elon Musk really has e great effect in the market but better to use your own skills to find what will come than just relying to what this man has to say or do.

It will do decent enough. I am not going to say that it will be huge, or break ATH or anything, but I am sure that the recovery will start in 2023. I have said this plenty of times before, 2022 was the bear year, so do not expect 2023 to be a bull year right away, it will probably a year where we diagnose the problem, try to put some bandages on it, stop the bleeding and that will help us, it is not going to be healed yet, but it will start the process of healing which would be good enough.

I am hoping that it will do a bit better in the long run, can't say if it will be in 2024 or 2025 that it will be over ATH but it is a slow and gradual process to get there.

I will agree with you that if we want to invest, stop listening to what other people have to say and take the time to do your own research and find out. But Elon is not as bad as you say, his electric car idea is becoming a movement in the world, and he is a pioneer in the electric car revolution, don't deny his success. And his manipulation of stocks for his own gain, it can be said to happen to most billionaires and in the business world. Don't be jealous when we can't do what he does.

In fact this can be denied. Its not his idea. The idea of electric cars goes back to 1890! -
"Here in the U.S., the first successful electric car made its debut around 1890 thanks to William Morrison, a chemist who lived in Des Moines"
https://www.energy.gov/articles/history-electric-car


Not every other billionair is announcing his company to be overvaluated, than that he will buy back shares and delist it, than recall this, than give price, than recall this, than is sued by SEC - "Elon Musk makes deal with SEC not to discuss Tesla’s finances without a lawyer’s approval" - https://www.cnbc.com/2019/04/26/elon-musk-and-sec-reach-agreement-over-tesla-ceos-use-of-twitter.html
than buys bitcoin, than do research about bitcoin and call it harmful to the environment, than post dimond hands, than dump his bag few weeks later than announce to buy twitter, than do research and calcel offer, than make an offer once again.

I'm not jealous. I like him, but i liked him more before his bitcoin manipulation. And i don't think that people should listen to financial advices made by Elon.

Bitcoin's journey has been very long, I fully believe that Bitcoin will not die both in 2023 and in the future, in the coming year Bitcoin will grow very well.
I don't really pay attention to Elon Musk's words, it seems that Elon Musk still can't control the value or price of Bitcoin, and actually no one can predict the price of this Bitcoin. and here he can only predict like people in general, don't trust him too much, some people say he's a manipulator who only does things for his own good.

But looking at the graph of the rise and fall of the price and value of Bitcoin on the market, and to be precise in the coming 2023, I'm sure Bitcoin will be bullish and most likely in the next year and in the future, I think this will really happen.

The answer is not either of them! Bitcoin will dump in 2023.

Even Bitcoin price is keep decreasing, it's impossible for Bitcoin to die because every coins are depends on Bitcoin and all of altcoins must suffer first before Bitcoin will die. Speculating Bitcoin price will increase in 2023 is too much optimism, don't forget global recession will happen and people will not have a lot money to invest.

Not sure whether Bitcoin will pump or not in 2023, but for me personally I will continue to hold Bitcoin even though people say that in 2023 there will be a recession and the price of Bitcoin will be corrected but I am ready for this, because in a worse case I have experienced , especially for the upcoming 2023. Moreover, I also don't really care what Elon Musk says about BTC and cryptocurrencies, because I don't want my investment in BTC to depend on what he says.

I have the same thought as you, 2023 is still a bearish year, expecting bitcoin to rise in 2023 is a bit optimistic and it's too early to expect a bull run.
But I think we're already in a recession rather than waiting for it to happen, maybe it's not happening all over the world, but many countries are already there. In my area, people are focusing on cutting spending because prices have gone up so much and people are almost no longer interested in investing from real estate to other investments. My prediction is that bear season may last longer than we think.

Maybe this will not be a resistance for bitcoin which can face a global recession, I believe maybe the bearish will continue in the following year because it is rather blurry to see recovery for bitcoin and we must be able to get through this phase in a sustainable way.

If we still have bitcoin, then hold on even though we will face an even worse decline, I know a crisis has started in several countries because basic commodities have gone up along with other goods, this indicates that inflation has occurred, although we cannot deny how long this has happened.

Of course, I don't have a reason to lose hope and it was not Elon Musk see this situation but many, especially those who are trusting Bitcoin.
However, I'd never expected that this bear season will end up too easily as most likely we still experiencing deep lows and market correction early next year.

The price of Bitcoin will recover and go bullish again but knowing when is likely impossible. Though Elon Musk says something good about the market, he never controls the market which is why I don't believe his saying the price of Bitcoin will rise in mid-2023 as it was only a prediction.

Even without Elon Musk saying that Bitcoin will make it, we already know that Bitcoin market always recover after the bear market.  Elon Musk is just stating the obvious, I don't know why too many people sensationalized what Elon Musk stated when it is the actual path of Bitcoin if we look at Bitcoin history.


There is also some CEO that predicts Bitcoin will surge to $250k within six months but I highly doubt that will happen and I also don't think that Bitcoin price will increase by mid of 2023, if it is to increase I think last quarter or last month of 2023 is highly possible in preparation of the market for Bitcoin halving.

World is experiencing the worst days. Very few countries were on the progressing side whereas the majority are expecting the downturn. The bear season will last for longer time period. As of now crypto market is moving on the four year cycle. Based on the same we can expect 2024 to be the bullish year. All around the world the spending is minimised. Even the billionaires have advised not to spend much on unwanted expenses.

Elon musk is not an opinion builder in bitcoin matter so investors don't need to rely on what he says anyway but you can only be guided to know when to buy or sell. He is making an assumptive price marketing based on what he thinks but sometimes it goes against the assumption. For now bitcoin is riding on the wave of the season.

This seems like the most likely scenario, not only this will match the natural cycle of bitcoin but it will also match the the difficult economic scenario we are facing, now this reality can be difficult for some people to accept as they are desperate and they want for the price to begin to recover right away, but if they want to recover the money they have lost and make profits then they have no option but to keep holding their coins, however I would not be surprised if during the next year we see a lot of weak hands capitulating and getting rid of their coins.

It's Elon again, why do so many people still believe in Elon after his market manipulation in 2021? he is just trying to get his attention and then take your money. It would be best if you stopped listening to what he says on twitter. Bitcoin will not die and will never die, 14 years is not a long way, but it is not short, and it has been proven that bitcoin never dies, the price drop is only temporary.

There are reasons for those who still believe in Elon Musk's words via Twitter. Especially if they don't feel that Elon Musk is taking everyone's money because Elon Musk earns more money through the businesses he built and also runs in his own way. I just didn't hear Elon Musk when he said the best thing for shitcoin, but I will analyze further if he said the best thing for Bitcoin. Because basically he also likes Bitcoin even though he doesn't often say this through his tweets.

I think elon musk is just human like  every other person, he might be rich and have a high profile but i think i would make my own research on bitcoin  since no one actually knows  when bitcoin is actually going to hit another ATH.  In the case of hodling of your bitcoin,  i think thats only what we can do now as it has been in the record that bitcoin reached $65k but now its currently at 16k so what we have to do is just to be hopeful that it reachs same height or maybe even surpass it but only time will tell. All this speculation about bitcoin rising next year is good but we should not be surprised if next year actually goes into another bear run.  

Elon Musk can say whatever he wants about his analysis that Bitcoin will experience a price spike at the end of winter. So what about the recognition of Robert Kiyosaki who gave a prediction that Bitcoin investors will get richer in the future.

Both Elon Musk and Robert Kiyosaki have views on the future of Bitcoin, for me we must also have our own views on the future of this king of crypto assets. So far, our belief in Bitcoin may still be consistent compared to Elon Musk, who has changed his views on Bitcoin at times, comparing it to Doge.

I'd stop speculating and thinking for a drop next year as to whether we like it or not, it certainly comes but not to the point that it will die.
What I have now is trust and the hope that everything will be okay next year, Not I think for an instant recovery nor to see it bullish but to see Bitcoin move upward at least reaching $30k.

Bitcoin has been tested for many market crashes and criticism but still, we see it surviving, in fact, it was growing more.

We've been in a bear market for a year and from what I can see, people are starting to get wiser and tougher. Most people hold their assets very tightly, many remain optimistic, and they have never sold their assets. So it's no surprise that as the market gets more intense, the crash of FTX is a sign that it will be even more challenging in the future. I wouldn't be surprised in 2023, there will be another black swan, or the market will torment us until the weak hands sell all their bitcoin.

He's not an opinion builder, but more of a pumper. You will probably remember how he promoted Dogecoin on his Twitter account and in the end hundreds of thousands of people invested in this coin which actually had no future and most of them ended up losing. I don't mind how people invest in Dogecoin, but with him who is a big public figure too much promoting it makes the crypto market saturate and in the end when the market corrects there are many holders of Dogecoin who lose and he profit by selling the Dogecoin he own .

I don't think that we have to believe Elon Musk's again although I doubt Kind has ever tweeted.  I think these big whales want to get some benefits by the influencing power of them so I don't think it will be a wise idea to investing by depending on these kind of words or
rumours.
The bitcoin price will be definitely increase But there is no guarantee that it will happen according to their words . Market is still on bearish and there is no new green signal till now. So if you wanna invest in btc now then invest with the strategy of long term in mind and Don't depends on others words for your investing do your atleast a own research before entering in investment.

Community or the public wont really be that dumb anymore on believing on what are the words that would be coming out on Elon's mouth.We've seen in the past about his manipulative act that he has

done and we arent that blind on not to learn something from it.If they do make out some stir up on this crypto space then pretty sure that people around arent that fool or dumb
to fall on the same scenario just like on what happened on Doge too.

Die or Pump? Yes, there's only two ways but we shouldnt really forget that a market do compose or bear and bulls which these situations are actually normal.

Speculating on someone else's words is stupid because he just tries his best to manipulate the markets but the markets do not react accordingly nowadays and we don't see any big ups and downs in the price of BTC whenever he speaks anything about it. So stop being a sheep, be a leader and lead yourself. Listening to motivators is good, but doing what we want to do is great. I won't speculate much on the stance of BTC in 2023 as you'll not like it for sure, but there's nothing like BTC will ^die^ at all.

Admittedly, Elon is very good at manipulating prices, not only as he did with the crypto market in 2021 but also with the stocks of the companies he owns. So it's no surprise that many people are still influenced by his statements. In Elon's tweet, he didn't say when the market will go up again, but he said it will, so it's safe to say that this is a pro-bitcoin statement by Elon. But in the end, don't rely on other people's advice to invest, otherwise, we will only lose. Do your own research, because it's our money.

Why would ELon Musk can dictate the price of Bitcoin ? though if he invest all His money Inside bitcoin the possibilities of increasing is really high but remember that there are many things to consider before this happens specially that he is facing trouble in twitter's company nowadays.
so maybe the effect for big investors will be the same as what is happening to his companies.

Elon musk is an entrepreneur, he will do all kinds of ways to make his products seen and bought by others. Including the shares, it owns in Tesla. and for crypto Elon is very interested in DOGE and gives life to DOGE in every tweet that mentions the problem of accepting DOGE ko9in payments and the like. This kind of speculation has received a positive response from Elon followers on Twitter, and Elon is indeed very influential. Look at ATH DOGE, those are some of Elon's doings, but some people who enter at high prices will just hold on and hold on, with no gains to be made.
Don't trust other people's investment words too much, we must have guidelines and research to enter and exit crypto investments, technical and fundamental analysis is the thing to do.

Bitcoin market will grow not based on anyone's advice or any person.  That is why it is best for us now to be patient with time.  Because now if we are patient we will experience winter morning in the bull market.

There is a halving cycle.  This halving cycle is in the middle of the current period due to which the Bitcoin market is at a standstill.  Or you can say a bear market which is difficult to ever realize in which direction it will change during this period.

Investors are tight now.

Maybe best for you guys to stop following those people who have track records trying to manipulate the minds of people for their own gains so that you will not get wrong information which can possibly make you become a bag holder on what they are currently promoting.  Best always to follow your own instinct so better be more knowledgeable than waiting for other people to give a news about what you are trying to gain.

Not really having to believe and even if Elon Musk said something like that?

We have witnessed bitcoin's journey from its inception to the present, there are several conditional factors that have brought bitcoin to a promising investment in the future and we even believe bitcoin is able to maintain the value of the investments we make.

Bitcoin has a uniqueness that is not owned by any investment at this time, bitcoin decentralization is one of the uniqueness and advantages it has. In fact bitcoin has brought a huge shift from economic growth and independence to an investment choice that is run by people, despite the risks and fluctuations. The investment system in bitcoin runs independently and is fully controlled by every individual involved in it.

Times don't change, when bitcoin goes down, it's dead. When bitcoin goes up, laser eyes appear and people start picking out the new lambo. Plus there are all sorts of public people who skillfully manipulate the herd as they need to. That way most people will just lose their money and not earn if they listen to other people's opinions.

@Ridoy5567, you didn't even correctly interpret your great leader's tweet, because if a man says "the winter will be long", you say "the price of Bitcoin will increase by the end of winter" - so it's like when children play with a broken phone if you know that game. People who listen to billionaires and wonder why they are poor deserve to stay poor.

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It's an impossible mission, because they all need a leader who will hold their hands and tell them what they want to hear, and who has a bigger personality cult than Mr. Mars? The man who, in my opinion, has done far more harm than good for Bitcoin, is still for some the most important person in the world.

I agree that these big bulls just manipulate us for their own benefits. Similar incident have already happened before when Elon Musk used the people for his own benefits and earned military from it. But still I don’t agree on the part that we need to follow our instincts. I mean yes we can learn and then can use those knowledge to track the prices. Moreover regarding predictions for 2023, it need pure and accurate calculations in order to reach a conclusion. Let’s see what best happens in the future.

I am also very optimistic that BTC will bounce back just like what happened in previous years. I do not really need the words of Elon Musk because he proved himself to hype things for his own good. Although, it could be a good thing that he also believes that BTC is just alright even in this current bearish situation. And of course, Elon Musk before investing a fortune already studied BTC's historical movements. BTC will perform better next year but I do not see a huge pump. Maybe a mini-pump but not enough to reach $50k and it will also drop a little before the real pump in 2024.

That is, they must have their own analysis of this investment asset. We have trading history, the data is important for analysis and should be more useful than trusting the statements of influencers out there including Elon Musk. I know Elon has good financial strength, he also invests in bitcoin as he stated, but in the end the market is not owned by people like Elon because actually its price fluctuation is determined by all traders depending on supply and demand.

I believe in bitcoin cycles, halving is one of them and so far many people have admit it. It's only a few years from now that halving will happen again, so the preparation is to stay optimistic and invest as much in the dips as possible.

That's on you OP, can't blame you for believing Elon Musk's words because the man is renowned as the richest man here in this planet.

Whether we like it or not, bitcoin will indeed recover as always but saying that it will by the end of winter sounds so speculative because Elon Musk doesn't hold any power to manipulate the bitcoin or have any power to predict what will happen in the future. Elon is not really different to those people are calling themselves experts when it comes to crypto because nobody exactly knows when will be the pump begin.

The relationship between supply and demand is inseparable, although some things are also influenced by other conditions, the influence of one person like Elon Musk will not give you much reference and true clarity to investment, deep analysis is needed and we remain confident that the bitcoin cycle will return after the correction phase finds a gradual recovery in the market, although we never know exactly when that will happen.

However, if it is related to this cycle, it seems that in the middle of next year bitcoin will experience a gradual recovery before reaching the halving again. This is when we enter the market and buy some bitcoins to invest.

Without a doubt we have less weak hands than when this bear market started, however markets are ruthless, I think the whales are not done trying to manipulate the markets to their convenience and they will try to scare weak hands into selling their coins a least one more time during the next year, however among those which bought their coins during the most recent bull run new long term holders are being born as they understand that the worst possible move they could do right now is to sell their coins.

Bitcoin dead 2023 is an impossibility, but bitcoin rising or falling back in this bearish is still possible because we will never know what will happen with the fluctuations now. but in saying die this I don't think will happen and I'm pretty sure they still will.
As for Elon's tweet he said bitcoin is still going to live but he himself said it will be a long winter so this is becoming a cliché as he himself doesn't know if it will continue or improve in the future. I don't really like this guy but I agree with him because it is still going to continue but hopefully the bullrun will come soon.

I think this is only bad if the coin that they manipulate or being talked about are foreign to us but if it's about Bitcoin then it's a good thing because a lot of us BTC hodlers can also benefit about it and isn't it great to hear a positive word like this? You know the fear of the people now got even higher after some crypto coins and crypto exchangers collapsed.

I didn't expect that Elon will say something like this because what I know is that he still hates BTC and prefer some shitcoins. Sadly BTC didn't gain a lot but if this happened to doge then for sure its value are going to sky rocket in an instant. BTC on 2023 is obviously not going to die while I also don't think if there's a pump that will happen but let see if what 2023 has in store for us.

The price of bitcoin can't be influenced by Elon Musk tweet. Without Elon Musk twitting about bitcoin increasing by the end of winter or not. There are indications that it will by then as speculated by many but nobody knows what the future of bitcoin will be during the winter period, whether it will pump up or die in 2023.

We have to keep our hope alive not because of Elon musk twitted about bitcoin price but because we believe that bitcoin will by then. We keep holdling instead not because of anyone ask us to but because we are holdling bitcoin on our own conviction

even if we say elon musk is the richest or has a large influence to people, still, he won't know the future of btc. he is also speculating on what may happen next just like many of us. but definitely, btc won't die. don't know why some people are still asking such question. for now, the worry of most is the roller coaster movement of btc. and when is the right time to accumulate? this is your prerogative when to get more.

Lol. If you believe in Elon Musk, then go ahead and buy Doge. You are probably one of them Doge armies that are panic buying Doge every time Elon sarcastically mentions it.

But who is Elon really in the Bitcoin community? Why do you believe in him or his words? They are not factual statements even. They're just hollow words that actually mean nothing. I really wonder why there are so many people who seem to treat Elon as a kind of prophet that everything that comes from his mouth is meaningful even if he is apparently just trolling.

I also don't care about his words because I know his purpose is just to strengthen people's trust to continue other manipulative actions. But you are right, he has 1 point in this tweet, he has faith in bitcoin, and his lovers will also be motivated to stay in the market and hold their bitcoin instead of dumping the market.

As for the future of bitcoin, it doesn't need a single individual to back it up, not even the richest person in the world. Bitcoin has proven over the past 13 years, it will always recover from a chain of declines without anyone's help.

Yes, I guess Elon Musk is already out of the Bitcoin community, specially on how he flip his stance on BTC, that was the last straw and then he shifts his attention to Doge becoming their father and probably the biggest holder of them now.

So for the majority of us, I don't think that we will be influence by Elon Musk, others might love his personality, but bitcoin community is hard to please specially if you make a U-turn and suddenly says that Bitcoin is not environment friendly and others negative stuff.

Elon is a smart guy that is always on top of information and although he always tries to control the information that is dished  out to the public.
He (Elon) understands that the way to halving is very far and it's gonna be a long winter journey for btc. That is why he is not going to push any project now including his favourite dodge.
Let us endure the long winter for summer shall surely come.

I think 2023 might be a rough year due to the recession that everyone is expecting, but I think once that is over with, we'll see the Bitcoin sink or swim moment.  I don't feel like we're there yet though.  The economy is still doing alright considering the massacre in the tech segment and even though housing prices are falling, they rose so much that a majority of homeowners are sitting on comfortable loans with a lot of equity.  There's still time for Biden to send us into a depression with his dumb policies, but the light at the end of the tunnel is shining.  Once he's out, Bitcoin will moon. 

Im not also expecting that there would be some good numbers in 2023 but rather the worst or simply just moving sideways if we do speak about price behavior or movement.
Doesnt matter on whatever the movement it would be making on next years to come, the important thing is that you do know on how to deal off with those things and making yourself go with the flow.
Lots of speculations and claims where people do try to share up and it do really just make our minds do boggle up and confused. Market is unpredictable as always, whether we do make
out some pumps or not on later years and this had been always the concept or situation most of the time.

He is a businessman and actually I don't really care what he says because this will only be the words of an outsider who only knows about conditions to benefit himself with some supporters inside.
Regardless of the movement and waiting to accumulate bitcoins, in fact, this is everyone's prerogative, but indeed, rather than waiting, it is better to start little by little from now on, so that when the decline occurs further, apart from being able to buy more, DCA is also still running.

People's expectation is for price pumping, but the reality differs completely. According to experts the market is moving on a four year cycle. Taking the same into consideration the market is predicted to make its move on the bullish side. Right now we've been experiencing the decline. This could continue to the low bottom from which the upside move gets started.

Elon became an influence on crypto because he always mentions bitcoin and Dogecoin on his twitter, and this is also supported by a very large number of twitter followers. The richest man in the world is a reference for many people, so what Elon says will be very influential.
Bitcoin will not die, this is still the beginning of Bitcoin's journey. those who say bitcoin will die are just hypocrites who currently do not own a penny of bitcoin. Bitcoin has a strong community around the world including Elon who is a crypto enthusiast.

And what if Btc does not meet the price you were expecting? You're gonna leave the market? Lol.
Though I have to agree that Bitcoin might start to pump up again in 2024, most likely after the Bitcoin halving.
But, the possibility for the bear trend to extend for more than 2-3 years are always there.
And that's the reason why, you shouldn't trust anyone who's also after for their own personal gains. You should learn to trust Bitcoin itself.

Elon Musk is an influencer not because he do mention bitcoin, doge or any other cryptocurrency, it is because it has large number of twitter followers, even having follower than any of his companies like Tesla. We know what most people are, they just like to follow someone that is known to them, that people know so well in the community.

We should be positive about bitcoin for not to remain discouraged, to be able to invest at the appropriate time. The bear market period could be long, but there would be a time all-time-high is certain and it is getting closer day by day.

Again, Bitcoin and dying in one sentence doesn't make sense, it's too big to fall at this point.

This is just another bear market for us, I know everyone is not comfortable, but I guess as we go along in this cycle, we will understand that this Bitcoin's natural path. So next year, maybe it could be worst, but don't be afraid and say that it's the end of it. We will recover in 2024, and once we see the price starts to pump again, everyone will be reassured that the bull run will somehow start, specially after the halving.

Fear and Uncertainties keep influencing the mind of many people who just come during the bear season but for us who have experience in the past bear season, we could say it was not totally the worse case that happen in the market. Indeed, it was natural, and whether we like it or not, prices will fall into such a trend usually after the bull season which we experience last 2021. Yet, we can't expect this will end next year but probably it will extend. 2023 will still not be a great year but I hope we can see some changes in its demand as it will affect the market price.

Empty barrels make loud noises - Lol.
That seems appropriate to describe a person who may not own bitcoins while they desperately want to see them die or be worthless. I don't want to argue with people like that because my optimism for bitcoin is higher than the derision of it.

Keep calm, mate. We will not lose bitcoin in this bear market even if we lose most of their price. It's now a 76% drop since ATH, but it's very likely that next year the percentage will improve as the market recovers.

Of course it's not a representation of listening to people's opinions if you don't do your own research thoroughly, I mean everyone must have an understanding of bitcoin's journey, because previous market conditions have presented several indices as a reference used for decision making. The four-year cycle is what many people refer to in making decisions, as are the steps before starting to enter the market to buy some bitcoins. The case of losing money really depends on how someone can take advantage of this condition, because actually almost no one loses when investing in bitcoin, if that person understands the four-year cycle.

There is no exact reference for predicting the journey of bitcoin and that's why bitcoin cannot be predicted precisely, people only try to make predictions with some basic considerations, cycles and conditions of bitcoin in the previous year.

I lost trust in Elon musk for a moment when he sold some of the bitcoin he bought through Tesla, before it he said he wouldn't sell any of it. he is a businessman trying to make big profits from the volatility of the bitcoin price and his habit is not easy to get rid of him.


Elon puts a lot of faith in musk?? I believe you have a typo, what you mean is elon puts a lot of faith in bitcoin lol. everyone can make predictions and speculations about the price of bitcoin for a next month or even next year, it would be better if you follow the advice of people who really focus on bitcoin and crypto investments, not market manipulators who only seek profits from bitcoin.

Elon Musk is one of the influencers who can influence market price movements as we saw before and so far whatever coin he tweets will definitely make coin prices rise even if only temporarily, but if we talk about bitcoin price speculation in the middle of 2023 then I not too sure if the market will move the way Elon Musk said because many times we notice the market will not always move the way we expect it to.

LOL, empty barrels make a loud sound, seems like the right way to describe it. he's just playing on people's psychology to be able to buy crypto and then sell it immediately, giving hope at first by buying bitcoins but ultimately erasing bitcoin payments to his company.

Those of us here who are only small investors in bitcoin can only hope that the market will recover again regardless of the nonsense that continues to be said. Bitcoin is coming back at the ATH price and it's a wait that won't disappoint.

Elon has been able to manipulate the market and even bitcoin in the past, but I doubt he can do it again with bitcoin when everyone realizes his manipulations. The only thing he can manipulate in this market may be Dogecoin.
Elon is like us an investor and he just makes predictions like us, there will be right and wrong, don't blindly believe what he says.

But I will agree with you one thing, the market doesn't move the way we expect, when we expect a bull run, it moves in the opposite direction.

One of the problems with a power like influence is that the more you use it to your advantage while at the same time you use it to put others at a disadvantage the less effective it will become, Elon had a tremendous amount of power when he first came to this market as people were happy that a person as wealthy and as famous as he is was willing to give attention to this market, but then he began to do all kind of things just to earn some money for himself at the expense of everyone else, and since then his influence has decreased a lot with only meme coins owners giving him any attention during these days.

Im tempted to say consolidation for 2023 because its got to be the most likely.  Theres going to be way more detail to it then just that, it wont be flat because it becomes ironic at some point.  BTC at a very stable price would become a useful reference and attract usage just for that reason, of course that positive then alters the price once more so it wont be going just plain sideways it'll waver.   

yes, I really agree with your opinion, it is possible that in February everything will go up again, many think so. Let's hope that no negative news can affect the price of all cryptocurrencies in the coming year. keep thinking positive in the next year :D

How do we know mate? but for me one thing is for real and that is Bitcoin will survive and recover after 2023 as I have seen this many times before  so I knew what is coming from this market to the next years.

and also as I don't believe in over expectation because the more we look for so much is the more chances of being failure.

That is the weird part about it, he is not really a great investor himself, so it would be weird to listen to him when investing into something. People look at the companies he bought or founded and think that he is a great investor, but the reality is that when he "invests" it is not that great, only great when he manages a company and there is a big difference between having 5% of a company and profit from it, or own 30% and rule it with iron fist.

I think Elon is also a very very weird dude, he says it himself and that's why it's not reasonable to expect him to invest into reasonable stuff neither, he would invest into wildest things ever because that's what he likes to do.

Of course what they are talking about is also a prediction of the future of Bitcoin. Everyone believes that the price of Bitcoin will increase. This only takes time, investors will not enter the exchange before they are able to make a new breakthrough that makes bitcoin prices increase or bullrun. Before their speakers are in unison, of course the price of bitcoin will not increase. There are so many Bitcoin investors, Elon Musk can't do it alone.

This is in fact a good point, if you take a look at some of the richest persons alive you will see that they either hold huge political influence like a president or possibly a king or they are people that built their companies almost from zero like Elon, seldom you will find at the very top an investor, the most known exception of this is Buffett, as such when it comes to investing Elon is probably not the first person that comes to mind, especially since his most recent investment which is Twitter is not doing well despite his best efforts.

I also have faith like you. Bitcoin will experience a gradual recovery within this year.
Even though Elon Musk appears as the richest crypto investor in the world, I think he doesn't know exactly when the price will be pumped, he also can't do it alone.

I believe every financial goal requires patience, dedication and consistent passion knowing that investing is currently the most profitable business in the world, both Bitcoin and other cryptos are truly changing people's lives in a positive way.

The pump in Bitcoin is indeed not run by someone, because the pumping of the price of Bitcoin in the market at a certain time cannot be separated from the large number of investors or business people like Elon Musk who buy Bitcoin and then hold it with their respective time targets. Elon Musk only has beliefs that are in accordance with his own experience and knowledge so he is just trying to share his thoughts with the public on Bitcoin before the price increase actually happens to Bitcoin.

For me investing is an additional job in earning income so I will not use money for daily needs on any investment other than my personal money which I basically don't use for anything except for investment. I do this to avoid panic when there is a price drop in the assets I invest. Because everyone must be difficult to know how the price fluctuations in the market for each digital asset such as Bitcoin and other cryptocurrencies.

It can't be denied that EM is a very influential person in social media but not in crypto. I believe some of his words in regard to business strategies but if we think this could influence the crypto market this year (2023), I simply don't think about it because many people had ignore him.
Bitcoin will rise someday with or without Elon Musk's participation because the market doesn't rely on him nor he is controlling the market. And we couldn't assume that he will do his best to support Bitcoin but rather expect his support to Dogecoin.

He doesn't have that influence to crypto specially to Bitcoin.


Yes, there are not people or person that can influence the price to go up, it's up to us retail investors to whether we can bring together to go and push it to all time high again. Regardless we have a catalyst which is the block halving, so with or without any individual, the price will definitely increase because that is the normal process, bear and bull run and probably we will have another bear market this 2023. But come 2024 it will be a different story for us.

Elon Musks prediction probably has a 1 or 2% higher validity than your local hair-stylist's opinion.
Staying in Bitcoin or crypto because some overhyped-polarizing-dude like Elon said it's good kind of misses the point of a decentralized, autonomous, borderless cryptocurrency such as Bitcoin by 100%.

That being said, we are currently in a bear market, created by a couple of huge and even more tiny factors. How long it will last nobody can predict.
My personal guess is that there is a good chance to see a massive bull-market after the next halving in 2024: https://www.nicehash.com/countdown/btc-halving-2024-05-10-12-00
Until then lots of things can happen, maybe we see a few medium-sized ups-and downs.
I wouldn't expect much lower Bitcoin prices than right now, but you can never plan for big Black Swan events such as FTX or maybe a USDT-insovency etc or some crazy government sanctions on mining/energy etc.

A good point to keep in mind: Anyone saying they know what's gonna happen is either stupid or a scammer.

This winter there are two parts. The first is the Northern Hemisphere, and the second is the Southern Hemisphere. The northern hemisphere winter usually falls from December to March, while the southern hemisphere winter falls from June to September. So, which winter was he referring to?

Lets look have a look at the full spectrum for the last 5 years or so because thats a fair range to consider for the very extremes BTC can reach swing high and low.   I think we will track out the low extremes during 2023 and hopefully beat them, put them to bed and move onto more interesting growth possibilities.  However it might well take the entirety of 2023 to win that fight or it could be brief and done and dusted by end of Jan, I cant be sure;  to end all negative extremes in one month imo sounds like a forest fire type scorched earth type of fight & preferential to a slow drag the entire 12 months.

https://talkimg.com/images/2023/06/12/AE9Zd.png

Now this is the time mate, as we started the 2023 and seems stagnant to the price from December 2022 and with that I see no big coming for this year but calling it  a Dying or Pumping? the first is over statement lol dying isn't part of the list lol possible pumping seems to be passing this year but in the coming years? or maybe in 2024 or at least 2025   ;D

I have that strong feelings too Bitcoin will pump by mid year of 2023. But in the first half we might experience more bearish push on that is strong enough to wipe off coin values but at the start of the mid year things will begin to change gradually in preparation to the next Bitcoin halving. Bitcoin will pump again no room for panic.

I think doing this on the first week is a funny thing, there are 51 more weeks left to go and people are still making a big deal out of it for some reason. Yes, it is not looking like it is making a big move for the past one month, that's true but why would that be a good or bad thing, it is just a boring fact and nothing more.

I understand that not many people are happy about it but that's fine. I personally wouldn't mind some boring peaceful period so that it would be a bit normal and not give us any heart attacks, I personally want to make sure that everything is looking "not bad" and that's much better than having some great life instead of this.

Bitcoin is going to be main source of Payments, paper money will get disappear and there will be no more printing of papers 💰💰💰

Elon's words have little impact now compared to before when he is at his peak. Many do not believe what he always says now. It's better if you believe in your knowledge and guts rather than listening to someone. Remember they also have a motive that's why they are saying such things.

When? Do you have any proof, explanation, or source to back up your statement? Or did you just think of it randomly? Paper money vanishing is impossible because of technological differences between other countries. We can't deny that majority of the population is not into crypto or doesn't have an interest even if crypto is well known already.

It was little to nothing, that is what I see. I couldn't make an investment journey lies on the hand of anyone like him. I invest in Bitcoin because it was decentralized and I believe it grow further in the future. I really don't see Elon Musk giving help to the crypto market, a hyped could not be forever and it will just die. This is why I don't like mentioning the name Elon Musk in crypto, he is nothing in the crypto world. Whatever happens this year whether it will pump or it drops, it is not because of Elon Musk but it is due to the changes in market demand and supply.

What are the basic things that make you think like that now?
Do you know the number of people living in this world who still use paper money every day? And one more thing, you also need to know how much supply of Bitcoin has been circulating and has not been circulating in the market for now. Because if you think that Bitcoin will be enough to be used by all people in this world, I think there is something wrong with your thinking.

Why, because Bitcoin can still be used as the main source of payment without having to eliminate paper money from this world, besides that paper money that is still used by all humans today can be a payment option when someone doesn't have Bitcoin or other digital currency in themselves. So there is no need to eliminate paper money even though there are better payment solutions available for everyone to use.

It's basically a "wish" I suppose, because it is a wish for me as well and I do believe that to be important case. The idea is that many people want it to be the main currency and not some alternative. I do not think that it matters that much, because it causes it to be a bit of a trouble if you just let it be that way, and alternative is better.

But, it could be a bigger alternative that's for sure, like at least have the option for it in more places instead of the few selected places so far. I know it is not loved that much to be this way, but it would be a lot better if we grow and yet still not be the main one, there is that middle ground which we would do best.

As much as we wanted to be as the main source of payments, there are a lot of challenges that we have to face, like the volatility and not everyone are willing to accept it. Not sure what you mean by paper money disappearing though, central banks are not going to allow it.

For 2023, the prediction might still be the same, it could trade sideways for the whole year as we are still in the bear market.

So still we better prepared again, who knows, maybe there could be events like FTX that will make a huge impact on the price again and see another lowest for 2023 before eventually rising up next year. But with regards to Elon Musk, he has no influence on the bitcoin market.

I think it is wrong to say that Elon Musk has no influence on the bitcoin market. He just stopped mentioning cryptocurrency in his tweets for now. But for example, he can influence the market by the fact that his company Tesla will sell or buy bitcoins. Accordingly, it will affect the rise or fall in price. I also think that in 2023 we can expect bad things like another collapse of a big company, like FTX did, but in the second half of 2023 I hope for growth.

That's wrong thinking in my opinion, because paper money will never disappear, the majority of people around the world still depend on paper money as their activity.
Bitcoin will only be a second option for further payments, even though in this payment it will be easier, but there will still be a lot of opposition, including some from the government as well, but if you think about eliminating paper money, that is the wrong thought.

So in my opinion those two should coexist as a good solution, and we know some countries have adopted bitcoin but not completely fiat money will just disappear as a simpler shortcut to bitcoin and more mainstream fiat money.

Not all the time on which we do have some bad history about manipulative act made out by Elon which it do really make the community or the entire market doesnt really make out some significant effect
for whatever things that would come out into his mouth.Even if he would be saying that he would be making investment on Bitcoin but it wont guarantee that it would really make the price rise.
Talking about Die or Pump thing is never been that known or something you could make out some conclusions because market is really that unpredictable.
2023 might be positive or still on bearish state.

Bitcoin is already dead. There will be no pumps in 2023 unless you flip the price chart upside down.

I hope you understand what I said above even asking Memo101 (https://bitcointalk.org/index.php?action=profile;u=3497224) a little question because he thinks differently and a little less logically in my opinion. But if you say that what I said is wrong, it means you don't understand what I said and you need to read it again to understand. However, if what you are expressing is for the same person (Memo101 (https://bitcointalk.org/index.php?action=profile;u=3497224)), it means that you are almost of the same mind as me. Because I also don't think paper money will be simply eliminated by any government as long as it can still be used by the public in terms of paying.

Yes, I already know about that and maybe Memo101 (https://bitcointalk.org/index.php?action=profile;u=3497224) still doesn't know about this so his thinking is very different from most other people and I think that is very natural because he is still a newbie who needs to learn a lot to gain knowledge. I think now he also understands because you and I have given him a little more logical understanding.

50 day average is almost completely flat at present, its really a coin flip decision to say bullish or not at the beginning of the year.  We will face a future challenge to even this current price imo.   News wise speculators are overly optimistic for 2023 with some seeing the Federal reserve dropping rates during this year despite no encouragement to this outcome.   Long term the most likely reason for currency weakness will be continual overspending by government in fiscal budgets; if all debt were repaid we'd have hard money and BTC would imo resolve below 10k with inflation near zero perhaps.   This wont happen, long term debts will only nominal repay via inflationary losses meaning all asset alternatives to Dollar resolve upwards year to year; saying that I think 2023 is not a big up year we might revise part of the 2022 losses long term this means we are attempting to stablize before afterwards being able to gain.

The price will pump, but the same won't happen in the large scale. If the market is dead we could've never experienced the market movement to stay over $16k for a long. According to the experts prediction the price won't experience a massive downturn or upwards movement. It gradually moves within specific limits and starts upward movement when we get near to halving.

I doubt it. From the data studied, the price will likely continue down in 2023, dropping below $10k. As the halving approaches, there will be a pump and dump that might go as high as $15k in the run-up to the halving. After the halving, the price will continue down as it'll be painfully evident just how dead this experiment is. By the end of the decade, the price will be below $1,000.

we'll probably break 17K in the next few days, and after about 5 days holding above 17K  proudhon will set the next target in his signature.

should be fun.

He's still the same, unchanged, he is still a social media influencer, but people have stopped believing what he says about the market. Because everyone realized that he was just trying to manipulate the market for his own gain and had no intention of building a developed market.


Paper money will disappear in the future, which is what humans aim for, but CBDC or a government-created digital currency will replace it, not bitcoin. The government won't let that happen. I believe people will use crypto, the biggest barrier is the government, so as long as the government is legit, everything will be easy.

Well part of me wants to believe we will see a Pump in 2023. The all time high in 2022 was certainly a great run for BTC but I don’t believe we have seen anywhere near the top of bitcoin.
With a revolutionary technology like bitcoin it’s very difficult to predict how big it will get because of the new applications and utility of this limited asset. At bottom, I’m a long hold investor in Bitcoin and patience has served me well in my previous investments.   

It will but it may not occur this year but I have a strong feeling that it will happen next year. If all fails then maybe 2025 is surely be the date for it. There is no way that we can be like this forever because people will soon be bore and leave this market.

It still can happen in a large scale because I expect a wider adoption soon and then those who are supposed to be newbies have now gained a lot of experience to do better. Don't mind the guy above as he is only joking when he said the market is now dead. He is not a newbie anymore and he also doesn't look like he is a BTC hater like those guys who promote BSV where they already got a red trust for discrediting bitcoin.

I might have to disagree though, maybe what is the definition of pump in 2023? reaching $30k at least or not reaching lower lows for this bear market? it could be but I think this year might still be sideways for us.

We can't question BTC as a revolutionary technology and now becoming one of the best assets. However, if we are going to look at it's previous history, this year could be another bear market and the true pump will happen right after the halving which is 2024. So it's a long time before we can actually see those huge pump so we need to be strong and have a lot of patience to continue to be a holder and accumulate over time.

Lucky btc holders dream of seeing the price go up every year, but that doesn't happen. Now waiting for 2023 for that. Why? Only because they don't have the patience and want to see growth right here and right now. But the problem is that in order to change the trend of bitcoin, the desire of the holders alone is not enough, to put it mildly. As you said, the halving will take place no earlier than 2024, which means should not expect a rise in price ahead of time either. It is also unknown how the events in the global economy will affect, which is also not going very well. It may happen that the bullish growth will be shifted in time even further. And about the death of bitcoin in 2023, indicated in the title of the topic, it seems to me stupidity. Now bitcoin will definitely not die, even if the negative events of 2022 failed to do so and didn't drop the price so much. So, those who want to see the btc's death - don't wait.

ATH happens in 2021, it's about $69K. During 2022 we only enjoyed down turn and they have until now.
What's next in 2023? We both don't know yet even though there is actually a lot of optimism about 2023. I think speculators are really going to be putting a lot of thought into 2023 which is likely to be the year we should buy and buy more, but that doesn't mean it's going to drop below $10K.

It is not clear when bitcoin will recover, but it is clear that now it will be very profitable to make a profit buying it now.
2023 will be simple, stick to the fundamentals, don't chase the basics, and stay away from "influencer" recommendations.

Good point, that's what I like about the set of newbies that we have right now, they know that this is the best opportunity, the bear market. Buy and stack up sats as much as you can and then just be a HODL and way for the next bull run, it will be just around the corner and time flies to fast now. Next thing you know we are in the block halving already and we wishes that we buy more when the price is still very cheap and at a discount. So take every opportunity, this is the right time to accumulate.

As for the fundamentals, it will always be this strong and has been. It's that the market works in cycle, every 4 years and that's where this whole accumulate phase enter the picture and that's how bitcoin investors became rich because they know when to invest and how long to HODL and when to sell.

The possibility of bitcoin dying is out of the question and will never happen. We should give up with trying to assume bitcoin could ever die, too many people think there is a possibility of it and if you know what bitcoin is about, you would know that it could never die. The reality is that we are going to maybe not do so well, like how we did in 2022 but it didn't die, it just had a bad year, or maybe we will have an awesome year and break ATH and go super high, or maybe even something in the middle, like going up but not going up that much. But no matter what happens, dying is not a possibility, it will pass ATH again eventually, maybe this year, maybe next, maybe 5 years later, but it will happen, no matter what.

I am also on this side. There's no doubt btc will not die for the moment as compared to years ago, the adoption is already different.
But the pump, no one can assure when will this happen as even experts can't determine the timeline for this scenario.f
Let us just hope that good news will come this year so it can give positive vibes in the market.
Adoption is growing, but we need a solid good news that can provide hope to crypto users and sustain their positive outlook towards this market.

There is currently a huge shortage of fuel in Europe. Moreover, the Ukraine-Russia war has caused massive increases in fuel prices in almost every part of the world. There is a big concern to fill the fuel shortage in Europe during the winter season. If that winter can be properly overcome, many believe that Europe will be free of major anxiety and that financial conditions will return to normal. I think Elon Musk may have analyzed that and expressed that crypto will be bullish again after winter. Moreover, currently the winter season is going on in cryptocurrencies, after this season, a big bullish trend may start in crypto ‍again.

I do not think that trading whole year sideways sounds that possible. I am not saying that it is impossible neither, but it's unlikely to say the least. People think 2022 was sideways but in reality it wasn't, we were a lot higher and dropped, it was a bear year and we dropped that's it, it wasn't sideway year. Sure most of the days were sideway but that doesn't mean that it will continue to be sideway forever.

I think it is clear that we are going to end up with profiting from upside movement this year, don't know how I know but it's just a feeling inside me saying that it's time to pick up some pace and go up finally, which will be awesome if it turns out to be true.

That will come, eventually we are going to see something that will change the market, maybe a news, maybe a whale buying billions, "something" that will make it look good. After it looks good the rest won't matter because the rest will be quite easy to handle anyway. I know its not going to be super smart to keep holding because that good thing (whatever it is) will come one day and that's all I need to know. Just having the trust and belief in bitcoin alone is a good reason to keep buying and holding. Many people do not have that now, and they will regret that later on.

for now there really is no choice but to HOLD because currently the price of bitcoin is around the lowest point. I believe that in 2023 the bitcoin price will be better than the previous year because we will be closer to the bull market. Apart from being patient, what we need to do is continue to increase investment value in order to get maximum profit when the crypto market enters a bullish phase.

I agree with you that now we have a good opportunity to buy cheap bitcoin in order to sell it for many times more in the future. We may have to hold on to it for a year or more. Patience will no doubt be rewarded. As for 2023, I don't think bitcoin will die, but it won't get much pumped up either. I also think there will be sideways movement this year. Most likely a new pump will happen in 2024, closer to halving.

It will most certainly pump, well at least that's what I believe. To be fair nobody really knows what's going to happen, the world economy says that it should have a bad year, it looks not a great thing and the whole world is in trouble, which means there aren't that many people with a lot of money, just the 1% is rich and others are poorer than ever in history.

This is why many people think 2023 should be a bad year for crypto as well, in a world where not many people have money, who will buy to make it bigger. But, I think since we bottomed out (I think we did) then rich people may start to buy more, and we will all profit so we will all take it higher and higher.

why do you have to believe in the words of elon musk, even without him saying the price of bitcoin will be bullish after winter because we will soon enter the bitcoin halving. Elon musk is neither an analyst nor a great predictor of bitcoin price, he is just an influencer trying to find a stage.

I don't need anybody to tell me that by mid year down,bitcoin will get to it's halving and from that time on there will be increase of the price gradually till next year when the bull market will be steady. As an investor,it is good you make research and know how to plan for your investment.

Elon is an investor like every other investors, he can come out and say whatever he likes about bitcoin on social media without having an idea of what he is saying,you should have known him by now as a bluffer. Nobody can give an accurate prediction of when the bearish market will be over but due to the cyclic movement, 2023 will be hopeful for investors.

That halving is the thing we are all looking for, and I fear that we will all be wrong about as well. I am not saying that it's not going to happen but too many people are looking for the same thing and that doesn't really sound that healthy. It shouldn't be this "obvious" to make money, because usually money making is a hard thing and a difficult process.

If we all know that you could buy bitcoin a bit before halving, and sell about a year later to make the most money, then what stops us from getting a huge loan, or refinance our houses and so forth just to put money into bitcoin at that time, x10 our money and pay all the loan back and be rich?

Lots of sideways within a range is how its going to go.  The speculation valid will be with what range does BTC travel, are we in a tight range under 20k or can we revive BTC price action all the way to 30k this year.   Even if we turn back from 30k and fall to the inverse side of the range bounds, I guess 30k isnt so negative as others will think BTC heads.    
  In short I believe both, positive and negative this year and we do not do too much more then consolidate prior action in order to build volume.  Especially lacking is volume in the teens but all of this is guess work till we become more established.

People should really learnt up the lessons back in the past on where lots of people trying out to stir up the market via giving out these kind of sentiments which arent really that precisely true but only pure assumptions and speculations just like an average joe.
Whether it would pump or not for this 2023 then no one really knows on what would happen in the future and this what makes it hard on dealing with this crypto space.
You would be needing to take up some risk on whatever decisions you would be making.

And I also think it won't matter if some people have to believe in the words of this one rich man, because he (Elon Musk) already has more followers who will probably always hear what he has to say so that would certainly be very good for Bitcoin in increase the price when the market is no longer facing bad problems in the year. So let them believe in someone and never dissuade someone from this.

I think for long term or at least at the end of the year, speculators are looking at $30k price range to be our target. Currently at the start of the year, bitcoin is having a good run and broken $17k and the good thing is that we are maintaining it.


Yeah, accumulation more as we are still in the period of accumulation. Nothing great that getting your stash at this bear market. Even if it reaches at $30k, that is still very cheap and we can continue to buy more thru DCA for the rest of this year.

that's just speculation from Elon Musk and maybe that's just his hope for it to happen, but if you see and get to know Elon Musk further he is not an expert or analyst in the crypto world, of course what he says cannot be a reference or followed.
but to be honest personally I don't care anymore about what elon musk says about crypto because I realize that he is only looking for sensation and uses himself as an influencer to seek personal gain, what happened to DOge coin was one example.

Die? Far from it, there's no possibility that the blockchain or the ledger can be hacked and create a disruption even the so-called quantum computer that can hack the blockchain is not yet proven ever since the first Bitcoin was mined there's always talk of Bitcoin going to die or dying after more than 12 years it's just a theory that cannot be proven, all I know is whatever bad things that happened in the market, the market always regain its momentum and if no bad news or scenario like FTX the possibility of the pump will be there.

I can't blame them because the situation is really tough these days. Though the demand is not low, still the price of Bitcoin remains above $16,000 and it was been stabilized. I'm quite not sure what really happen this year but I believe the market will move high a little bit. However, I was also hopeful that despite many scam issues that happen last year will never change the mindset of many individuals who are here instead, they will accumulate more and hold until the bull season come.

This might be already been mentioned out or not but we do have this kind of article or stat.

"Bitcoin is Dead" Declared 400+ Times
https://99bitcoins.com/bitcoin-obituaries/

And the number would really be increasing as years passing by yet there would be still lots of potential situations where people would be saying up this this
market would be over for Bitcoin or entirely which is something not that shocking which they are trying to claim.

On the time that it would really be making out some significant price increase or rise then those sentiments would be changing up on point and tell that it is really
just that dumb to think that Bitcoin would be dead.You would be expecting that people would really be mixing up their minds on whats happening around.

Mindset will always change over time and circumstances, decreasing trust is a natural thing for every individual towards the current Bitcoin/crypto market for the reasons you mentioned above.

I think the saying "Bitcoin will die" is something that we often encounter in bear markets, bad news from people or groups who hate bitcoin will always accompany the holders.
The article you present may be an example of evidence not just once or twice that says Bitcoin died in previous cycles.
My other thought is that they deliberately make FUD to enter at the point they expect in the market because as we know "bitcoin cycles always repeat and every cycle has an increase".

Dying will never come or not taking any place in market but dumping is possible , don't put words that impossible to happen mate because as we can see Bitcoin stays stronger from the creation till 12 years now.

Pumping? there are some time now, it has been days that bitcoin starts increasing with small pump each day.

yes we are now believing that Bitcoin will never die not like in the past that most of us are afraid of those to come.

I only like Elon Musk in terms of running a business, because Elon Musk has also been famous and successful in this regard in this world. And for cryptocurrencies, I don't care what he says to a crypto asset, but I would like him to say good things for Bitcoin because basically I personally also like Bitcoin and will try to hear Elon Musk if he make reasonable predictions for Bitcoin.

As we see that bitcoin at the Initiation of this year was very high and lots of people get benefit from it. As we know that news from different people have different impact on the value of coins but as the bitcoin is very successful token so ups and downs take place but it cannot die hence it price is very high and not everyone can buy and make investment in it.

In 2023 we speculate that market will be bullish and will also face bearish because this year is unpredictable for the worth but we have believe that bitcoin cannot be die forever.

No one can control the worth of bitcoin and it will probably be beneficial for all individuals who make investment in it

The market does not look bullish at all and i am afraid that there is so much fud and sell pressure that market may again test the 18K-20K.
For the last few weeks, we saw some nice bitcoin movements but we should not forget that we are in a bear market, A lot of people got into fomo and maybe stuck in the trades.

For me, i would not call 2023 a bullish year, unless bitcoin breaks and confirm the support over 25-26K levels.

This March everything has changed and we can't assume it's a normal corrective move that can recover in an instant in the next month, but the market took a long time to recover to reach the $25k area.

What we hoped for this year's bullish season has run aground as market support couldn't hold on to last month's recovery prices, but I remain optimistic to predict a high recovery until later in the year or at least Q1 of next year then the market will be better than current prices.

March of course makes us worried because the price drops below $20k again, on coinmarketcap it still costs around $20035 but on huobii global the price is only $19986, of course we hope the price doesn't drop below $20k again, but the discussion on the telegram group mostly hopes for the price to drop because they want to buy, as investors of course we should seize the good opportunity to continue buying when the price drops below $20k.