Sorry to rain on your parade but $50K by the end of the year is a pipe dream. It's more likely BTC will break the $30,000 resistance and stay there at that time, probably between $35K and $40K. Anything higher than that is activity that you get when a bunch of companies and users are rushing to buy Bitcoin for some reason, which does not seem like it's going to happen anytime soon.
The $120K in 2025 prediction is more realistic though.
By April 2024 there will be the bitcoin halving event. During the halving the price move a little bit for sure but the real effect is delayed by months. I expect to see all time high by the end of 2024 and the beginning of 2025 at one condition, the price remains above 30,000 dollars.
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Thnx for sharing this post! I had no idea that coinbase could be valued that high.
And members under this quote... Stop bumping old topics
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No he is not.
Reported for necro bumping
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Take a look with Bitcoin monthly return, although October seems to be a good month, but on 2018 there's a slight decrease on October. I think it's either a slight decrease or slight increase, so the price only around $18,000-$22,000 range. I didn't expect anything considering the whole economic are still not healthy, it's still under development and currently want to back become new normal. https://i.ibb.co/rZysXxd/btcmonthlyreturn.pngThanks for sharing this, I was looking for a similar table. October is a good month for bitcoin and I expect it to raise and stay over $20000 by the third week of October.
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Apart from all what was said above about the study itself and the limitations but Russians represent a good part of the community here, in exchanges and in the other sites. It is hard to estimate the number of people using Bitcoin even in an open market and studies will vary largely depending on age, profession, fortune, localisation and many other things. I don't consider this as a press news.
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I learned about bitcoin before 2015, the year I joined bitcointalk. I do not recall when exactly but I assume between 2013-2015, back then it was another virtual money assay for me. A lot has changed since.
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Are you a victim of Mt.Gox and got emailed of this distribution? I have googled about Mt.Gox recent news and didn't find any news regarding this. I hope it's just not only a promise and they will distribute it ASAP, it's already 8 years too.
If MtGox can distribute with Bitcoin amount, not in USD amount, then we will see many new people become a millionaire overnight and yeah, they will learn about holding. I'm expecting Bitcoin would only dump for short term since they will spent some of their Bitcoin to buy what they like and hold most of his coins to reach new ATH.
Mt Gox published a letter few days ago about distribution date to all eligible victims. I read this news when someone on our telegram GC brought this up and start the discussion on what's gonna happened to the price of Bitcoin after they start liquidating there Bitcoins on exchange. I'm not sure about the date provided by the OP but Mt Gox is really closed to repayment. You read the article here: https://en.cryptonomist.ch/2022/07/07/mt-gox-prepares-creditors/The price will crash if many people will sell a part from this volume in many exchanges at the same time. It will take a while before they start distribute that.
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I like the picture. The crash figure should have some random people running on cercles and crying bitcoin is dead. In the next figures we should see them crying in the corner bitcoin will die with tears in their eyes. Pathetic losers.
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I lost several coins there, I wonder if foreign people can claim or recover the stolen funds besides class action lawsuit on cryptsysettlement website
Sorry for your losses.
@OP, fix the date on the title.
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In UAE things are a bit complicated especially when it comes to the relation between Dubai and UAE. It is kind of similar to USA. You can have something restricted in a state and accepted in another with some limitations imposed by the federal government.
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Sometimes it is hard to know whether a topic should be posted in the Press section or kept in the Bitcoin Discussion? for discussing what exactly? Good news. That's all what I can say.
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Would it be an option to remove signatures on that board?
No, or you have to remove signatures everywhere. Besides, I remember seeing spammers without signatures, just spamming their blogs and websites. The solution for this problem is easy, warning then temporarily ban, not sure if we can disable posting there for spammers. Mod jgarzik made only a few posts in the past years, and hasn't been online for more than a year. It is a honorary title for jgarzik rather than a position. That is what I told by a mod or an admin in the past. I can't remember anymore. The problem with the press sub is having duplicated topics with the bitcoin discussion section. People prefer to post there because most signatures campaign accept it rather than the press sub. At the end, we have few members posting and having few spammers there will look exaggerated. I blame partially the staff for the current situation. I should say that I reported so many infractions in the past when I was more active and they dealt with it in few hours but what I was frustrated about is that they don't ban them when they repeat several times their intentional mistakes like coinidol. I don't want to see the press sub closing because the quality of the dozen posts there is better than the hundreds spam I see in the bitcoin discussion topics. Good luck for everyone trying to fix it.
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How’s that going?
OgNasty, you know necro bumping is not something accepted here. It would be more appropriate to open a topic in bitcoin discussion and refer to this one in your text..
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I'll pick up the thread. The SEC has initiated an investigation into Circle. The company first reported interest from the regulator in August, but the information went unnoticed. According to the new S-4 Form, in July 2021 Circle received a summons demanding to provide documents and information regarding certain assets, client programs and operations. https://www.sec.gov/Archives/edgar/data/1876042/000110465921122565/tm2124445-1_s4a.htmYou can create another topic and redirect it to this very old one rather than necro bumping it. What's wrong with you people in this section? Ognasty bumping also another 2015 topic
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is 6000 data that hacked is public i mean are we know is our data is safe? from DeFi to Centralized Exchange hacker is pop up everywhere become one reason public hate about crypto If you fear about your data, change your password and don't use the same in more than 1 of your accounts. Of course don't use exchanges or any other wallet type that don't allow you to have your private keys.
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The difference between the deluxe and ultimate version is very big and mining while charging could affect the battery life negatively. It is a good idea that worth to be developed.
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Bitcoin has been moving in a range of highs and lows over the past few days, indicating a period of consolidation momentum. So, if Bitcoin can hold above $50k, it's a quick move through the volume gap to around $54k which is the next supply zone. The next real resistance zone for BTC is approaching $56k. I think BTC will only be maintained and could reach $56k in the next two or three weeks.
I think also 2 - 3 weeks will be enough for Bitcoin to consolidate and pass $50k barrier for a long time and not just for days. I expect a new ATH will occur by the end of the year too.
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I just wish that the Talibans won't be too bold with cryptocurrencies and that guy might not the only one that has crypto assets.
He chose to go back because of their economy status and probably his portfolio is giving him that feeling that he's at a good status.
Afghanistan is basically in all banned lists of international online banks, exchanges and services from years even under what was called a moderate governments. Since there is not many people using crypto then p2p trading will be very hard and the only solution to spend it is with those services that are blacklisting the country. In other words, these imposed restrictions that will not be lifted any time soon will not help the usage of crypto in that country regardless of the new rulers position.
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The bull market is not over until the end of the year, I believe the 4 year cycle of btc is still valid until next december. If only btc was not hit by fud from elon and china maybe today we see btc is at $60k.
Maybe big companies are willing to join the race at a lower price that is why the price dropped lately? China is pushing its digital money that is why it is attacking bitcoin.
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Bitcoin price drops are common in the crypto world. Bitcoin prices fluctuating more than 20% are common and this is what creates opportunities for us to buy at low prices. Then, make a profit by selling it when the price is high. So, it's best, for now, to swap bitcoins to stablecoins first and wait for the market to stabilize for buybacks.
Fluctuation by more than 20% in the price was common when the bitcoin price was low under $500 back then in 2015/2016. Nowadays it is rare to see a quick change by more than 10% in a day.
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