|
the dream of bitcoin reaching $100k has seemed lost after several cryptocurrencies experienced a sharp decline in bitcoin prices a few days ago. could there be a strong urge to be able to achieve the dreams of all investors again or is this just an illusion and dream of small investors.
|
|
|
|
If El Salvador Pres. Bukele believes in Bitcoin so let it be, otherwise, if something bad will happen he will be the one to suffer the consequences of his action. Anyway, the question is how much Bitcoin was El Salvador bought in the dip? Is it worth Billions of dollars that can affect the countries financial situation if the long bearish period will ever happen again? according to some info El Salvador has only 700 Bitcoins in their holdings if it's true that's not big enough to create damage to their financial stability.
El Salvador bought a large amount of bitcoin at $48k the market price should have gone up, but the bitcoin price was going down. Broadly speaking if he sells at the current figure then he incurs a huge loss. but as big as he is including the latest successful people in the following year. the current price correction has little effect on them, as they aim to adopt long term. |
|
|
|
|
I don't really expect bitcoin to break through $100k this year because market prices often fluctuate and to be able to break through $100k you need a strong push and I think it's a little too much like forcing market prices. at least we hope that in the year we can break through again to the previous high of $62k or its equivalent. so bitcoin growth can reach back to its previous record price it's very normal and not too pushy.
|
|
|
|
Only people that are naive about the concept of Cryptocurrency and the potential of Blockchain will think it shouldn't be added to student syllabus because it introduced the future of payment system, currency, and technology.
The last time I checked blockchain can be used by many business settings and this is why we see some schools in the US and UK that have already added blockchain/crypto teaching to their study.
I slightly disagree that crypto is included in the student syllabus, because basically students must learn the basic concepts of education and not the container if crypto must be included in the student syllabus. but at the university level it is important for them to learn and understand about crypto, blockchain and others because they have entered their realm to become agents of change in the economic sector in the future. |
|
|
|
|
it is up to the particular country to make bitcoin a legal tender. because each country has its own laws to protect the legal medium of exchange that has been in use for a long time. so to make bitcoin a legal medium of exchange, of course, it takes a lot of approval from the government itself. I think that if bitcoin is used as a legal medium of exchange and replaces fiat money, it is very risky for inflation to occur in a country. because bitcoin often has ups and downs against market prices.
|
|
|
|
current market prices are no more like the local markets we have encountered in our cities. so don't worry about market conditions that often go up and down, because supply and demand have a level of balance. the bitcoin price has entered the healing phase now and is back at $48k, meaning bitcoin will break through again at the $50k mark the middle of this month.
I see that the price of bitcoin will decline again in the next few weeks, this is because the whales are starting to try to take their short-term profits now and of course it will greatly affect the decline in the price of bitcoin, moreover the refusal of the citizens of el salvador to bitcoin can worsen bitcoin price later, even so I think this is the right time to get into bitcoin and we can keep bitcoin until the price gets better later The El Salvador market is still small so I don't think it will greatly influence the market. On the other note, it is hard to prediction where the bitcoin's price will be in the next 24 hours or in the next few days. It can go up and down anytime, and one great news, we will see the price shooting in few hours, whereas, if there will be bad news, we can see it plummet for thousands of dollars in few minutes. So what am I saying here is that everyone can predict the price but getting it right would be hard. The factors affecting are diverse and we can't pinpoint the major ones that will give us indication of where it is going. the market conditions are bearish right now and the market is colored red everywhere. bitcoin is back down to $47k and will most likely drop to $46k in the next 24 hours. I agree with what you said earlier that the El Salvador Market has not had much effect on the market growth in the past two day. We hope that bitcoin can be supported again from the big investors, so that the whales can bullrun again. |
|
|
|
This is a really insane prediction in my opinion. Bitcoin price is even struggling to climb to the $100k level now. If we don't see $100k in the first months of 2022 in the worst case, then I think that there is no way that the price will be able to reach a huge level like $350k before the end of 2022. People just like to make really interesting predictions and analyses.  price predictions that make investors flip. could it be that the end of 2022 the price of bitcoin could be $350k, I don't think it's that easy for the market to break through the highest price of $350k. the current reality is that to break the market price at $52k, it takes a price correction several times, especially to break the highest price as the op said. |
|
|
|
If you are going to use a big exchange in the future then you will need KYC. The only other way to get BTC will be on the black market. Would that put you off?
not everyone cares about their privacy, in every hope they will verify their account with KYC especially regarding the use of their funds. many people do not realize that they have entered a dangerous realm and easily steal their data assets because they arbitrarily verify personal data in every activity, both websites and cryptocurrency platforms. |
|
|
|
I think this is a very good mechanism, everyone can easily adopt bitcoin. paypal including the world's leading fiat wallet that has been around for a long time and now paypal can easily buy bitcoin in cryptocurrency. It has been seen now that bitcoin has entered the range of the best investments in the world. many countries used to be against and against cryptocurrencies, but are now starting to adopt them because the prospects are very good for future assets. |
|
|
|
it looks like they want to increase the interest of mixed fund managers in crypto assets. Many tend to enter different asset classes through certificates and other derivatives and are increasingly examining those investments for their portfolios. but they see the session gains from bitcoin are greater than funds invested in portfolio funds. |
|
|
|
|
As an investor, of course, you have to understand chart patterns, without crypto chart patterns it's like a blind person walking on the street. many investors are misguided and experience high risk due to not understanding crypto chart patterns and difficult to predict market prices. chart patterns are not as long as correct but we can reduce the risk that will occur in the future.
|
|
|
|
|
make sure you hold your assets before you give permission to a third party to manage your bitcoins. If you want to profit from staking, of course you cannot profit from your trades, because your assets will be locked for as long as you are staking.
Please note, staking is also a form of hold, but with the added advantage it provides.
|
|
|
|
Bitcoin is legal in Some country but most of the country Bitcoin is legal in the world.I think those countries should learn about Bitcoin because Bitcoin popularity is increasing rapidly all over the world and Bitcoin will be more effective in the future.
I don't think the government is too stupid to legalize bitcoin in their country, of course they take a lot of consideration. The government is more anticipatory than we think, and more worried about the collapse of a country because of mistakes in making decisions. the government should really study the flow of bitcoin development. Therefore, different decisions of each country are like different ideas of each person. Bitcoin will be the future of virtual money that can provide huge profits for everyone who adopts it. |
|
|
|
|
of 100% of the population, only 20% are new to and understand bitcoin, some of them have generally started to adopt bitcoin. so it's only natural that others can still be considered as beginners and in general they are not familiar with the current digital era. for us to convey about the growth of bitcoin may be a bit difficult and outright reject what we say. they think the information is just a hoax.
|
|
|
|
Panic buying sounds better than panic selling, sometimes price movements do make them out there feel regret and sometimes like getting the right predictions to get the results they want.
With price fluctuations that continue to occur as it is today, this is like a natural occurrence that makes Bitcoin more durable/long-lived and more in demand from various investors.
yes that's right, buying sell is better than panic selling. the higher the demand for bitcoin, the more pump the market price. a lot of future information benefits when people rush to invest when the market price begins to soar, so that the market price bubble is getting stronger again. don't ever think that other people regret those who fail to buy when the market price drops $30k, because always expect the market price to fall to $20k. |
|
|
|
I don't know how much but there are a lot to be absorbed. There's a significant portion of gold's market cap. There's also a significant portion of silver's. And probably other metallic stores of value. The traditional market has stocks and bonds. A good portion of these will also be going into Bitcoin. And there are a whole lot of savings by ordinary people that are sitting in the banks earning almost nothing or even a net negative after inflation is factored in. This last one alone is probably enough to push Bitcoin's price a lot higher.
I think it is very difficult to find out how much bitcoin can absorb market capitalization for other tokens, especially when market conditions often go up and down. yes bitcoin has entered the crypto currency with the largest capitalization in the world. |
|
|
|
I think that the answer is yes, it will. $100k level is not a level that is really hard to be reached for this year I think. The price is now over $50k and it is continuing to increase. All we need is a bull run in the remaining months and that's it. In two months at worst, I expect a new all-time-high level. And after that Bitcoin can go on until reaching $100k step by step thanks to a new bull run.
I'm not sure by the end of this year bitcoin can penetrate $100,000. not sure at all. currently bitcoin is in good condition bullrun, but to be able to penetrate $100,000 I think it's impossible. feel more confident for the new 6-digit number to be able to penetrate the beginning of the 2022 quarter. so to the question of whether bitcoin can break through $100,000 by the end of this year I say no. |
|
|
|
^^, Yes cmc shows the price at $50,045,00. But I'm still not confident though that we still have the push to go to $51k-$52k, although the volume is good, but for sure trading bots are going for a sell-off when this barrier is reached.
The good thing is that we still have a full month to get over the $50k. So let's test it again throughout this month, if there is just one positive news then $60k is possible at the end of the month.
I predict currently bitcoin is still very weak or still difficult to move above $50k. many barriers to breaking above $50k in a few weeks. I see currently the issue that can affect bitcoin being able to penetrate above $50k is very quiet, only some local information is still optimistic about bitcoin's growth. so I'm concluding that for a few weeks it will continue to last between $48k to $50k. |
|
|
|
Lately, I exhibited some character which to me is an addiction.
Whenever I close my eyes, I see the bitcoin logo and price just like the way it is on my device at first I thought it was normal and will fade away with time but it has persisted to this very moment while I was discussing with my other Bitcoin lovers they told me that now an addict.
So I would like to ask, is there anything like a Bitcoin addict if yes then please tell me how to become one, cause I will gladly get addicted to Bitcoin again, and again I will become a Bitcoin pro-addict if that is the case.
Will you get addicted to Bitcoin if that is possible?
Like what other users say, I think it isn't an addiction, but an obsession with bitcoin. Addiction is something different from obsession. Addiction is being dependent on something until you can't let go and get rid of that certain thing or routine which interferes with how you behave. Meanwhile, obsession is the thought of being so caught up and preoccupied about something and it seems that you can't get it out of your mind. Addiction requires treatment to overcome. Obsession sometimes requires medication for those severe cases, but for those mild cases, diversion of attention such as recreational activity and other forms of activity will do to keep you out from being preoccupied about the thing that you are obsessing with. I suggest you do other things such as hobbies to let your mind take a break from thinking about btc. Diversification of funds is essential. You must remember that you should not put all of your funds in one place to avoid major loss if things go worse. Also, invest what you only afford to lose. Every investment has its risks. if I personally at this time I do not say an addiction. because they see bitcoin as a future opportunity and have the right steps to invest. so in this case I'm not saying it's an addiction like the op said. because addiction to bitcoin means that you invest in bitcoin as a hobby and you don't have the right direction. |
|
|
|
|
Show Posts
