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Recently I became interested in game-based crypto because I can channel my hobby of playing games but can earn crypto. indeed the money generated is not much but games that generate crypto are certainly much more useful than ordinary games that do not produce anything. I am sure that in the future there will be many games that generate crypto, and in the end many game lovers will become part of crypto. Of course this will also have a very good impact on crypto because crypto is increasingly known by many people.
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year-end price correction has discouraged investors who were too hopeful for a new ATH breakout. bitcoin is bearish at the moment, conditions are still worrying. the bullrun may still be far from everyone's expectations for december 2021.
no, bitcoin has not entered a bearish phase. currently the price of bitcoin is in a stable condition and we all do not know what will happen after this. although the hope of reaching a new ATH at the end of the year has disappeared but there are still many people who believe that the bitcoin price will recover soon and be able to reach a new ATH at the beginning of the year. |
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In my opinion, the price of bitcoin seems difficult to reach $100k in December because after experiencing a decline in the price of the last few weeks, the price of bitcoin is still not showing a significant increase. Therefore, maybe in December the price of bitcoin will only reach $70k especially now that it has entered the end of 2021.
to reach $70k by the end of the year there seems to be hope, although it is very difficult to happen. today the price of bitcoin fell back below $50k and I hope that $50k is no longer a resistance line that is difficult for bitcoin to break. if this happens again of course the price of bitcoin will be stuck below $50k for quite a long time and the chance to reach $70k by the end of the year is getting smaller. if bitcoin is in bull run phase of course $70k can be reached in just a matter of days, but the problem now is that the bitcoin price has not shown any signs of recovering soon. personally I'm not sure if bitcoin can reach $70k by the end of the year because currently the bitcoin price is in a stable condition and it looks like this condition will last for quite a while. |
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I prefer crypto to be a rival to replace fiat, many things can't be done or can replace the function of fiat, even though fiat is fully controlled by the central bank but this makes the value of fiat more stable than crypto which is turbulent and difficult to predict.
I think fiat and crypto will never compete because they have very different functions and roles, crypto can't replace fiat and fiat can't replace crypto. Fiat is used as a means of payment because it has a stable value, while crypto is used by many people as a means of investment because the value of crypto can grow very quickly. |
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panic comes because an investor does not want to suffer a much greater loss. if they think the price will continue to fall, of course they will choose to sell first and will buy again when the price has started to recover. This kind of strategy is often used to minimize losses and even this strategy can turn losses into profits.
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Yeah dude it much better for us investors that Bitcoin will reach that amount price, but i still believe that Bitcoin price will reach 100 k USD that's why i did buy some Bitcoin in the past few months cause i believe that Bitcoin will surprise us.
Bitcoin will reach ATH $100k will be the main reason that the market price will not drop drastically at this time, support for ATH 100k is expected to be reached within the next year and will be a big historical moment for bitcoin's journey to reach a new ATH. Previously many people hoped the bitcoin price would reach $100k before the end of the year, but the recent drop in price seems to have erased that hope. if market conditions in 2022 are not much different from market conditions this year of course to reach $100k there is still hope, but if market conditions in 2022 are frequent corrections of course $100k will only be a dream. |
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I think that for 2022, the minimum will be for around 70k~80k !
means in 2022 bitcoin price will reach new ATH which is much higher than this year? if this really happens of course it will be a very extraordinary thing because we can see the bull market for two years. if the market conditions in 2022 recover quickly like this year of course to reach $70k-$80k is not something difficult for bitcoin. |
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Indeed Bitcoin just hit an all-time high a week ago, although after that it experienced a slight decline in price that triggered panic selling. However, the surge in bitcoin prices will continue, even many experts predict that the bitcoin price will reach $100k by the end of 2021. Therefore, let's see how far the bitcoin bullish trend continues. Moreover, the trend of increasing bitcoin prices this year is different from the previous year. More innovation, more regulation, more big companies involved.
it looks like $68k is the highest price for bitcoin this year because to reach a higher price seems impossible. The price decline that occurred a few days ago made the opportunity for bitcoin to reach $100k even more closed, moreover until now the bitcoin price has not recovered. if the number of investors continues to grow and the community grows stronger there is still hope that in 2022 bitcoin will reach $100k or even more. |
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Not all are destined to be very rich. Even if you work harder than anyone else, I think luck and knowledge are still to be considered. In my country, those at farm fields planting rice and stuffs are the most hardworking yet they are considered as a Poor Class having less than 200$ a month. To be rich needs knowledge, dedication and the will power to learn more everyday until this knowledge produce ideas that could lead to passive income.
All jobs have positive and negative sides, don't look at a job only from the negative side. a farmer does have a small income but they can manage their time easily while those who work in a company have a higher salary but they are not free to manage their time because they are tied to work. on the other hand not all farmers have a small income because many people become rich from farming. |
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So far as the government still exists,there will be people who still go with bank's.
Since they're are regulated by the rules and regulations of the government, although bitcoin and Crypto Currency is doing good,but banks won't die,they will only do well to merge with crypto currencies.
if it wants, governments can actually merge banks with crypto, by working with banks to create their own crypto. but maybe government research in each country has not yet reached this stage because there may be many things that are far more important than this problem, for example about pandemics or public welfare. but even so I still believe in the future both (banks and crypto) will complement each other not kill each other. |
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From the start of 2021 bull run I already believe that Bitcoin will reach 100k$ but because it drop down in past few days and now it's price is at 49k$ I think it is hard for Bitcoin to goes up to 100k$, because we have only few more days to go before year end, so for me it has a big chance that it will reach 70k$ than100k$ this year.
After a very deep decline usually the price of bitcoin will easily return to the top, but it is different from now because the price of bitcoin still tends to be stable. I fear this situation will trigger panic among many investors and could lead to a much deeper decline, if this condition continues it can certainly cause bitcoin to enter a bearish phase. |
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as you said if this year the price of bitcoin experienced a very significant increase and the price of bitcoin often recovered quickly, and this causes us to see bitcoin hit ATH twice a year. Thus it is possible that in early 2022 the bitcoin price will be dominated by price declines and in the middle of the year the bitcoin price will slowly recover, and the recent decline in prices could be the start of a bear market.
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In my opinion, although there is a deep correction in the current bitcoin price, fundamentally Bitcoin has not yet entered a bearish phase. Moreover, in recent weeks bitcoin market cap has not experienced a significant slump. The current selling action that makes the price of bitcoin plummet because it is dominated by new investors, not old investors. However, if you look at the on-chain structure, it seems that bitcoin price recovery is unlikely to happen quickly and will take the next few months.
yes bitcoin has not entered a bearish phase but the price decline that occurred a few days ago could be an early indication that a bearish phase is imminent. bitcoin price fell very deeply in just one day and until now the bitcoin price has not shown any signs of recovering, of course this will make new investors or old investors feel worried. |
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In my opinion, it is very difficult to predict the price of bitcoin in the next 15 years at such a high level because it is a very long time because bitcoin price movements are very volatile. if we look at over the last nine years the price of bitcoin has not always gone up and has even fallen very deeply.
yes, that's right, bitcoin price movements are very volatile but in fact the current bitcoin price is much more expensive than the bitcoin price 9 years ago. in other words even though sometimes the price of bitcoin drops quite deep but in fact the longer the bitcoin price the more expensive the price. Currently 1 million USD sounds very impossible but it is possible in the next 15 years 1 million USD can be achieved. |
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negative issues made hopes of a new ATH vanish in December this year. Everyone's hope of breaking through to the highest price became the latest dream for novice investors which was not achieved. today the price of bitcoin is back to $56k already down from before the price of $57k.
That hope doesn't only come from new investors because many old investors also hope that bitcoin can break through the new ATH before the end of the year. that hope will continue because price increases do not always occur when at the end of the year, there are still many investors who believe that bitcoin prices in early 2022 will increase and reach new ATH. |
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In my own opinion, banks will not die to be taken over by crypto soon, this because banks are very important because some banks are really ready to work together with cryptocurrency and government will never make that happen.
Banks will certainly follow government rules and regulations, so I think the government has an important role in this issue. banks can coexist with crypto if the government is serious about this and cooperates with banks to create their own crypto. to make this happen is indeed very complicated because it has to do research and trials first, but if this can be realized it will certainly be something extraordinary. |
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Digital currencies are definitely the future of the finance now. There is no way out of this so some people who are antagonists to Bitcoin and the rest of the cryptocurrencies should stop their attitude for their own benefit. In the future, we won't have any fiat currency left. In this kind of a world, people will have no choice other than using digital currencies. It is better to make an effort to get used to them already now.
bitcoin really cannot replace fiat currency because the price of bitcoin is very unstable or very volatile. one of the requirements to become a currency is to have a stable value, of course this requirement cannot be met by bitcoin. maybe if every country created their own crypto that has a stable value it could happen, but to replace fiat currency as a whole seems very difficult. |
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Of course, the reason is simple, namely fear that if the money stored in crypto will be of no value, as we know that there is a lot of negative news about crypto, namely if we invest, we will lose and lose money because the value is not clear, this is what makes many countries afraid to invest. legalize crypto so criminals don't want to save into crypto.
I'm not sure if at this time there are still investors who believe in such news. indeed the price of bitcoin is not clear because the price of bitcoin can not be predicted, but this is not an excuse if bitcoin or crypto is a bad investment. all investments certainly have their own risks, although the risk of investing in bitcoin is quite large but you also have the opportunity to get a big return as well. |
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This kind of changes in the price shouldn't mislead anyone. Because after seeing the level around $60k, it has went down to the level of $56k now. There are so many ups and downs these days and short-term investors might make a good profit. But when it comes to a "recovery", I think that it is still early to talk about. I think it is better to observe the price movements for more time then have some clearer assumptions.
That's right, if the market conditions are like today of course short-term investors or day traders can get profits very quickly. I think the recovery has occurred since the bitcoin price was around $30k, of course in that recovery phase the price will not increase continuously because sometimes there are FUDs that attack bitcoin. |
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These prices are quite adequate, anywhere above 20k is positive action going on from year to year. People always want everything now basically, only up and ironically to go only up would be damaging and amount to volatility; where as sideways equates to some stability and helps future gains in that base of volume across this range.
I dont see it doing much dramatic this year having failed to confirm that breakout ATH positively or thats my interpretation.
For long-term investors of course hope that the price will continue to increase because then the assets they have continue to grow, but for day traders of course the decline in bitcoin prices is not something to be afraid of. for me it's okay to hope the price will continue to rise because that hope won't change the fact that the price of bitcoin can go up or down very quickly. |
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