While the rise this year from $26,000 to roughly $72,000 has been impressive for Bitcoin, a forecast for it to rise 50% by the end of next year does come with risks. High interest rates are among factors dampening the attraction to Bitcoin, given investors may prefer safer assets offering yield during periods of uncertainty.

The market, in general, is susceptible to a host of external pressures, economic stability, and investor sentiment. While unexpected events, such as changes in regulatory policies or a key market fluctuation, might take place, Bitcoin momentum may stall. As tempting as the idea might be to reach $100k, caution has to be taken into realization of how fast the crypto market can turn on a dime.

All that being said, everything is possible, and being optimistic about Bitcoin may reach 100k by the end of the year is not a bad thing.

https://cryptonews.net/news/bitcoin/29921504/

The search interest score is around 31 on October 2024, way below the peaks seen earlier this year during the Bitcoin ETF approvals. However, lower search interest does not essentially signal that the end of accumulation or market momentum has occurred. In fact, Bitcoin's price remains relatively strong at nearly two-year highs despite this dip in online interest.

What's more, social metrics-most notably Reddit activity-have also tempered, but this could indicate we're still early in the market cycle. Historically, retail FOMO tends to peak near market tops, which many analysts believe is still a ways off. So, rather than a negative signal, this lower search volume might just reflect that most retail investors are waiting for the next big move, possibly triggered by price levels above $70,000.

That was a long post with vague point, but I will try to add something that I think is relevant. According to this article https://www.myshortlister.com/insights/networking-tips, more than half of all job seekers secured opportunities through their networks, and that digital platforms like LinkedIn have become key ways of extending those networks. Networking brings visibility, access to role models and mentors, and it opens job opportunities. But let us not forget, while networking is powerful, skills and knowledge are the bedrock of enduring success. Without strong skills, networking will not support long-term growth. The most successful professionals balance a solid skill set with meaningful connections within the most dynamically changing labor market. Yes, be active and build your network but do not forget to keep sharpening your expertise to be truly worth the value when the opportunities come knocking.

Think about the torturous economic path Millennials have needed to survive, from the financial crisis of 2008 to the COVID-19 pandemic. But recent trends really underpin that they are not just victims of circumstance; they adapt in ways that make sense for the current economic environment. A good example would be how many Millennials now value salary above other perks, like job satisfaction, at 56%.
https://www.benefitsandpensionsmonitor.com/news/industry-news/2024-job-market-millennials-vs-gen-z-trends/383785.

With high inflation and a rising cost of living that continues to squeeze wallets, this focus on income and stability is understandable. On the other hand, it is not entirely correct to say Millennials are caught in some kind of cycle where they face missed opportunities. Quite a number of them are doing quite well in the digital and remote workspaces grown after the pandemic, with their tech-savviness giving them an edge. In fact, Millennials lead the pack in freelancing and entrepreneurship, finding ways out of traditional career paths. Yes, challenges are very real, yet this generation finds new ways to adapt to making value in today's economy.

In 2024, Bitcoin surged past the $73,000 mark, partly driven by the introduction of Bitcoin ETFs, which fire up institutional interest and set records in trading. This has been the serious drive for the value of Bitcoin this year, 2024. Not everyone, though, looks at Bitcoin as that surefire long-term investment, and Bitcoin's road to wide adoption may not be well-traveled by simply "preaching" it. There's still volatility; not every investor has the patience to ride out ups and downs.

It's very important to position Bitcoin as a balanced investment and not an opportunity to get rich overnight. Bitcoin may have great potential, but convincing more people to invest in it doesn't necessarily mean the price is going to reach $500,000 faster. Market conditions also play a key role, along with regulatory environments, especially shifts in the global economy.

In many big nations experiencing democratic backsliding, such as the Indonesia, the issue lies more in political leaders manipulating democratic systems rather than inequality itself. For instance, studies show that leaders often undermine checks and balances, which is a critical threat to democratic practices. Countries like Poland and South Korea show that active citizen involvement can resist such backward movement, which suggests that the fate of democracy depends more upon responses from society than economic disparity per se. For all their sour faces, economic disparities, though particularly nettlesome in society, can be balanced without necessarily sacrificing liberties through progressive tax systems and social programs. It is when inequality is used as an excuse by self-serving leaders to maintain or assume power that true peril arises. What needs fostering in consequence is the nurture of democratic institutions and active civic involvement to offset the deleterious influence of inequality on freedom and democracy.

Even while some UBI pilots have been reporting improvements in well-being and reductions in stress, like in Stockton, California, concerns over affordability and long-term sustainability remain. UBI also comes with some significant predicted costs: multi-trillion dollars per year, paid for possibly through significant tax increases or by scrimping on other vital social services, like healthcare and unemployment benefits. This opens up other potential problems, especially for vulnerable groups who may need more tailored support beyond cash.

AI automation will not necessarily take all jobs, and throughout history, while technology has changed labor markets, often new opportunities arise. AI can do repetitive tasks, but human roles that need much empathy, creativity, and complex decision-making will remain relevant. Such a focus shall also be directed at the retraining and upskilling of the workers, which could provide a more balanced approach than relying wholly on UBI.

While I do believe seizing business opportunities is one thing, the opposite is equally unwise-to jump at each and every one of them. Indeed, rapid changes in technology and global markets create an inability for many businesses to solve the complex challenges they face. For example, 61% of executives believe technology disruptions will continue to accelerate in 2024, though not all companies are ready to handle it. It is when entrepreneurs should not be chasing an opportunity just because it happens to present itself but, rather, listens for matching opportunities that align with their long-term goals.
https://newsroom.accenture.com/news/2024/businesses-anticipate-unprecedented-rate-of-change-in-2024-new-accenture-pulse-of-change-index-shows

Adding to that, the world gets increasingly fragmented due to geopolitical tensions and economic uncertainties. Higher interest rates and supply chains, which businesses need to be choosier regarding the risks taken, become important. Equally important as being prepared is to analyze if an opportunity is really a good fit before taking the jump.

Sometimes it is not always that easy to decide between wealth and freedom. During COVID, enormous changes happened in the world's economy, many with some kind of wealth benefited from their rising assets like stocks and real estate, while many without struggled more. And of course, freedom is key, but having some financial stability helped to weather the storm during lockdowns-most especially with savings and government assistance playing a big role.

Of course, extreme wealth is going to inhibit one's personal freedom with continuous responsibilities, as you said. However, lack of money restricts freedom in the real sense of accessibility of healthcare, housing, and even free time to enjoy. So, the balance is really important; it's actually not a question of which one to choose over the other.

Some things to add from my point of few, regulation may play a huge role in setting demand, as new laws and government bans can result in large drops in price. On the other hand, favorable regulations raise demand. For example, the banning of crypto mining in China depressed Bitcoin's prices, while the opposite of that pro crypto moves in countries such as El Salvador and Hong Kong-have been a catalyst for the bullish trend. Media can also influence demand strongly. Good news can send the price soaring, as with Elon Musk's tweets; bad news can trigger panic selling.

On the other hand, not everything that is very difficult or very long to produce is always in high demand. For example, in cryptocurrency, it can be found very often that new technological advancements with faster speeds of transactions oust the very difficulty of how it was mined. It's also not just piecing together the most important on the list but takes into consideration how external influences such as regulation and media can influence demand.

bumping

signature updated, updated post count with this one
2566

I disagree, the concept of money being nothing isn't true. Even if most countries operate with fiat money, that doesn't tie to physical resources, gold still derived from something, government backing and people's trust in them. Governments can provide controls of supply and economic management more handily because fiat money isn't constrained by physical resources.

And while cryptocurrencies differ in that their values are perhaps entirely a function of speculation in the markets, not quite "nothing." In any case, people like them because of their utility and scarcity, much as physical commodities do. Money might seem an abstract thing, but it enables real barter exchanges for goods, services, and even labor, thereby giving money reasonable value outside the digits on your screen.

In other words, money derives its value simply from the fact that people accept it as a means of exchange. This may be in fiat or crypto, but once that is agreed upon-even though, yes, it seems like "nothing"-it became a tool to help exchange real things in society.

So OP thinks perhaps that property prices would drop during or after something like a war however this is not always the case. Where wars may temporarily dip due to uncertainty, they often lead to long-term instability in a way that truly worsens things. While the initial price could drop due to fewer buyers, the prices of construction material, labor, and lands may go up owing to supply chain disruption, inflation, and higher interest rates. This might then again drive the prices upwards.

Added to this, anticipating "buying things cheaper" after a war presumes over real economic devastation and human misery that go along with war. Many post-war economies indeed have to grapple with issues such as inflation, a weak currency, and reduced consumer confidence. The expectation that things will get cheaper is not particularly considerate of the after-effects which could become prolonged.

I even get a recommendation of those deep fake livestreams popping up on my youtube homepage from channels that appeared just like official Apple accounts, complete with verification badges for added authenticity. Indeed, scammers do get wiser by the minute, but YouTube did act pretty fast to take those streams down. This really shows how easily social media platforms are manipulated by deepfake technology and bots, especially when high-profile events occur. It is a good reminder that one should always do their homework to research the legitimacy of any crypto offer, but mostly if it sounds too good to be true, it's definitely a scam.

From my experience working in Blockchain industry as a graphic designer and I talked to some marketing leader, most of them are from small scale project so I could only vouch for small scale project, their marketing budget ranges from $100,000 in small-scale campaigns to over $500,000 in the case of more spread-out campaigns. Bigger project that already established large scale company may put upto millions of dollar for marketing fund. Influencer marketing, network ads, and press releases will take up a great deal of this, since these avenues offer the quickest way to build trust and awareness. For running crypto-targeted ads, CoinTraffic and Adshares are some of their choosen options, whereas influencer partnerships will help in bringing in an audience with much better engagement. They will also spare some fund to list their coin in CMC or CoinGecko.

In any case, it is relevant to balance high-traffic listings with community-building efforts. Many projects overspend on big-name platforms and do not build a supportive community in return. Maybe a better way could be influencer partnerships, smaller ad networks, and an active community that drive long-term success.

I do agree that there is a specific skill to learn to sell our product and service, but all the same, the business side will matter. A very good example is the world of content creation, several content creators with fewer followers or views across different content can make more by diversifying streams through brand deals, paid subscriptions, or even ad revenue across multiple platforms. In fact, YouTube remains the most lucrative platform for creators, beating TikTok and Facebook in earnings for 2024. It is not all about business, either. Some creators struggle with algorithm changes or even with reach, despite understanding the business part of it. While good understanding of how to make money from one's skill is extremely important, adaptability and a strong personal brand are just as important in the long run.

I don't watch the full show but one of the evidence in the documentary was a blatant joke, Todd and Satoshi having the same favorite pizza topping, pineapple and jalapeno, it felt more like a wild goose chase than some legit reveal. Moreover this is not the first time the Satoshi identity debate has been turned into a field day. Every time people fall for these big "reveals," it never leads anywhere. Ultimately, the market didn't even bat an eye. You know, for all intents and purposes, the Satoshi documentaries and rumors only feed curiosity, not actual progress in crypto. So much more is going on, which is important, other than chasing ghosts.

I think if we want to replicate a strategy by other people and they have been successful with that strategy, market timing is one of the most significant challenges. The volatility in Bitcoin can make it tough to say when its price may go up or come down, although Q4 has always historically yielded positive returns. Same for this year, in Q4 Bitcoin is expected to break through resistance levels, but missing the right entry point during consolidation phases may hurt your returns.

The other problem is sticking to one strategy and not trying to take a look at what is going on in the current market. The crypto market keeps on changing due to institutional activity and greater macroeconomic factors, like recent interest rate cuts. These would increase sentiment, but sudden liquidity shifts or derivatives activity may create unforeseen risks. One needs to be adaptable and keep updated with information so as to try and achieve success.

While OP raise a good point that the conflict in the Middle East has actually begun to influence the oil markets. Also, we can take advantage of that to go long on oil, especially after supply disruptions from Iran, exporting millions of barrels a day. If the conflict escalates, oil prices could surge to as high as $200 a barrel. There is, however, a downside risk too, if the tensions ease or OPEC+ increases production, prices could fall and lead to losses among some investors. This sets up a balancing act, meanwhile, with other factors such as the slowing economy in China putting downward pressure on oil demand. That's why, I think it is not all about being fooled with a narrative, the full picture is to be considered, with risks on both sides. It is tough to time the market, which often plays a huge role in people's winning or losing.