Time will be the most accurate answer. I don't know what analysts rely on to predict that bitcoin can hit $1000, are they traditional analysts and do they know anything about bitcoin, crypto?.
We all know bitcoin price is unpredictable and we are trading at 20k$. The $1000 price point was the story of 10 years ago and it will never happen again.
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Bitcoins now a days are really very unpredictable.
One of the coolest things about bitcoin is that no one can predict the price of it in the future. so only investors who have absolute faith in bitcoin can buy bitcoin at today's price. Maybe the bottom hasn't come yet, but if we buy at $20k, we won't lose anything if we holding bitcoin long term and it will make us a profit, regardless of what price we buy at. If you don't sell, you will never lose.
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It is good news for investors who are able to get their bitcoins back after all these years. Although MtGox has finally returned bitcoins to investors, not all centralized exchanges will be able to do the same. Therefore, it is advisable that you do not place all of your money on centralized exchanges, not your key will not be your money. Anything can happen so always be careful with our property.
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Bitcoin's original purpose was not as an investment asset, but rapidly rising prices have led investors to turn bitcoin into a profitable trading asset and this is the behavior by humans, not by bitcoin.
How Bitcoin is used is up to each person as long as it benefits them. I invest bitcoin to make profit but that doesn't mean you will like me, you can use bitcoin as a means of payment if that makes you happy. Bitcoin has the ability to do anything, which is one of its greatest characteristics.
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So far I have not seen any impact on the market by the death of the former prime minister of Japan, cryptocurrency and the struggles of politicians are not related. It is possible that the Japanese domestic market will be affected.
It's hard to believe that an assassination would happen in a country like Japan, a country with very few riots or shootings, hoping the Japanese government will tighten gun ownership in their country in the near future and offenders need to be punished appropriately.
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I am not sure - what has happened to Kholi - his performance is going down and after COVID - we have hardly seen him in form. Also the IPL has taken so much of Indian Cricket time. I wish the IPL to be at least squeezed a bit so that other matches should be given importance as well
Kohli's career is all but finished. He did all the theatrics such as BLM and anti-cracker awareness and at the same time ignored his form. On top of that, there were accusations of nepotism towards RCB players. All this contributed to him being replaced as the captain of the Indian cricket team for the limited overs format. The only plus point is that none of the replacements have shown enough capability to cement their place, including Rishabh Pant, Rohit Sharma and KL Rahul. Even Jasprit Bumrah was given a chance recently. Virat Kohli has to realize that if he wants to play further for the Indian cricket team and cement his place in the team this is his time. BCCI have tried a lot of players to replace Virat Kohli, however, none of those players have succeeded and have not shown a good enough performance. Virat Kohli has been involved in a lot of dumb things like black lives matters and anti cracker movement. He was too politically motivated to do anything positive for the team or himself. This should be his cue to improve on his recent form and cement his position in the team again. And he has to realize that nepotism is not the way to get him anywhere or anyone else for that matter.
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It is all of these at the present, but in a time after we are gone I would say it would be more of a commodity, as in a store of value like precious metals more so than being used as currency like it is today.
What the future of bitcoin will look like is still a question. but now it shows bitcoin is being used by people as a store of wealth, people are trying to collect and hold bitcoin hoping the bitcoin value will increase as much as possible to make a profit for them. As of today, we can still use bitcoin as a form of payment, but most people tend not to do this since they think that it is very wasteful since the value of bitcoin has increased over time. According to me, bitcoin is better suited to acting as a commodity or asset than as a currency.
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It seems to me that there is no point in guessing where the bottom is now, because if it hasn't happened yet, there will probably be a rebound soon. It is unlikely that bitcoin will suffer the fate of the dotcoms, so I don't think the price will return to very low levels. Even if we have to see 10k, I am sure it will not be long and will be a very good opportunity to buy more bitcoin.
I agree, bitcoin is the Google or the Amazon of the dot com bubble, they went down in value during that time but then they recovered, and if we take a look at the charts of those two companies the dot com bubble now seems like nothing but a small drop. So the same will happen with bitcoin, however it is going to take some time before the recovery begins and since that is the case then we need to take advantage of the circumstances and buy bitcoin as long as it is available for such a low price. Yes, I think we might see Bitcoin drops more but this isn't over for Bitcoin. If anything we've learned over the crypto market, dip and hard correction is a normal part of its cycle. If today we're bear then one or two more years, we'll back to bear. Those who see the market now, feel disappointed and rage quit are missing a big chance. 17.5K is the lowest now, maybe it will go lower than that but everyone has to agree there is a high chance it will back to higher in the next few years. The prediction of the bottom of bitcoin is useless, and in the worst case scenario bitcoin will probably fall to 10k during this bear season, but what is important is to not give up and not to sell, even if the price of our assets is dropping dramatically. As a general rule, bullish and bearish markets are immutable laws of the financial markets and the greater the decline in a market, the greater the increase in the market. Holding is the only key to success.
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I would like to let you to share your ideas about what if bitcoin falls?? Let others to know about badconsequence people have to face if bitcoin falls. Thank you Guyz.
attention - i am not talking about bitcoin's current price action . i know these are buying opportunities for investors . I dont mean about bitcoin's price falling . i mean what if bitcoin isn't exist , what if bitcoin wasn't created.
If Bitcoin wasn’t created, for sure until now I would still be struggling with my life and remained a disappointment to my family. I would likely gonna end up being forced to take a civil service exam and applying to work for the government just to earn minimum wage. And worse, I would still end up having a lot of debt if Bitcoin wasn’t created. It would be very hard for me to see Bitcoin and the entire crypto market disappear. I would be in total despair since this industry has saved me from financial distress. Even if I was hacked $12k+ last time, I am still very happy right now of my current position as I am in good hands and getting closer to being fully recovered. Honestly without bitcoin my life probably wouldn't be as easy as it is now, I don't own too much bitcoin but with what it is helping me earn and accumulate in the long run, crypto and bitcoin are helping me get through a time when goods and necessities are increasing in price day by day. I would probably have to work from 7am to 12pm to support my family if I didn't have a job in the current world. I have not accumulated too many bitcoins for myself yet but I will work harder to keep more bitcoin, I believe I can have a better life if have more bitcoin in the future.
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After Cristiano Ronaldo was permitted to leave Manchester United this summer, one of Chelsea's owners regarded the potential to sign one of the biggest names in sports as being too good to pass up, and Chelsea had an offer ready for Ronaldo. What are the chances of Chelsea getting Cristiano Ronaldo in the transfer window this summer?
If Chelsea have short-term plans and want to win next season's Champions League and Premier League titles, they will consider signing Cristiano Ronaldo. Chelsea Rich Club. They have the ability to take Ronaldo to the team. Now it remains to be seen whether Chelsea's management is willing to spend the money. Chelsea coach Thomas Tuchel is very experienced. Maybe Chelsea management will create enough funds to take Ronaldo to the team.
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We have the DCA strategy available, why don't we use it? There is no need to wait any further for the market when we know that the market is unpredictable and we don't know what will happen next. We've been in a bear market for a while and bitcoin is down 70% from ATH too, if you keep waiting for the bottom you'll probably miss the train and it won't come back for you. If you don't have faith in bitcoin then best leave the market and if you believe in it buy and dca when it drops more.
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Will Roma turn down a 50 million euro offer from Juventus? I've heard of it, but I see zaniolo still has a contract until the 2024 season with Roma Zaniolo's name appeared as one of the players being targeted by Juventus and according to the news I read a deal might happen but Roma did not completely sell Zaniolo to Juventus but went on loan, while Roma are still holding on for 60 million euros and Juventus will not offer more than 50 million . Until now, the news of Zaniolo has not end because it is hindered by fee
For now there is quite good news for Juventus because there is some news that says that the transfer may be completed in the next few weeks. But this is definitely a bit of a shock for Roma fans and there are some sides of the fans now demanding the management of Roma not to sell Zaniolo in this transfer window. Zaniolo is rumored to have agreed to Juventus' offer even though it is only verbal although this is still not official but it is clear this is a pretty good opportunity for Juventus. While it is good for Juventus to have Nicolò Zaniolo in the squad, it is bad for Roma. The Roma team does not spend too much money on the transfer of players. So now that if Nicolò Zaniolo will left the team, Roma will not be able to find a suitable replacement. So Roma coach Mourinho should try to keep Nicolò Zaniolo in the team. Since Roma have qualified for the Europa League. So Mourinho will definitely want to win the title next season. The squad definitely needs talented players.
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Im just hoping fiat gets replaced by Bitcoin sooner than later.
What is your opinion of this happening, I don't think it will happen even if it takes hundreds of years. Our daily lives still require fiat even though it has its downsides and cannot be compared with bitcoin. I wouldn't be able to use bitcoin for a quick breakfast or takeaway coffee because of bitcoin's transaction costs and confirmation time. It would make me miss the express train to the office, but with fiat it would be more convenient in this situation.
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Yes, things have become easier to understand now, the government prints more money, the value of money decreases, inflation increases, the government stops printing, spending and debt difficulties arise, and the need for new resources arises. This is a real economic cycle that needs a radical solution to get out of it. The problems of the economy are very complex and it is not possible to come up with an easy solution because everything is linked to each other, but is it possible that Bitcoin is the solution? Bitcoin is a very good solution to the problem of fiat currency inflation and maintaining its value, but it is not a solution to other economic problems resulting from lack of resources and high fuel prices as a result of high global demand.
While bitcoin can be seen as a solution to fight inflation due to its fixed supply, it is not the right now to call bitcoin a suitable asset class for reducing inflation. Bitcoin's volatility makes it a high-risk asset, so bitcoin would not be suitable as a de-inflationary asset in the current inflationary era. If you can hold bitcoin for as long as 5 years to 10 years then bitcoin can be a very effective deflationary asset because over time bitcoin will have a new ATH and the price will go very high and fiat is dying.
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The bitcoins El-Salvador are accumulating don't stop, the price goes down they still buy, so it can't be said that they are underwater. They bought and tried to hold and never intended to sell any bitcoin, We all know that bitcoin price drops are inevitable, which should come as no surprise to those who have entered the market perennial and President El-Salvador knows it as well as we do. El-Salvador will succeed because bitcoin can't drop forever as long as they keep their spirit of not selling bitcoin, ignoring the criticism out there.
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Make sure that your investment funds are the one that you can afford to lose because surely you will end up losing everything.
Will forever experience loss in investment? if yes, then very few people will want to invest in crypto, because as long as market conditions and crypto are good, there will be no loss for any investment except for those who often experience unnecessary panic. We should always be ready to accept losses when investing because it is inevitable. But you will lose everything only if you are investing in shitcoins, if you invest in top coins and don't sell in panic you will never lose. Try to hold the top coins and don't forget that bullrun will come back, panic and sell while price drop can't solve the problem, you should be confident with what you chose earlier. Yeah, unfortunately prices go up and down. On the bright side, if prices have gone down quite a bit, it also means that they can recover substantially to return to their previous price. ICP is now about 5 usd and peaked at about 500 usd. 0xMR is at .06 usd and peaked at about 2 usd. Either of these would be good bets if you think they will return to their ATH. I'm not familiar with 0xMR, but in regards to ICP, I believe it to be the biggest crypto scam of all time. The price has been reduced from $500 to $5. This used to be a very promising project and what ICP is doing now is so poor and forgettable that it bears no comparison. I have a feeling ICP is the next EOS version. Bitcoin is below $20k again today, and the two coins you mentioned are likely to fall further due to this drop.
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Make sure that your investment funds are the one that you can afford to lose because surely you will end up losing everything.
Will forever experience loss in investment? if yes, then very few people will want to invest in crypto, because as long as market conditions and crypto are good, there will be no loss for any investment except for those who often experience unnecessary panic. We should always be ready to accept losses when investing because it is inevitable. But you will lose everything only if you are investing in shitcoins, if you invest in top coins and don't sell in panic you will never lose. Try to hold the top coins and don't forget that bullrun will come back, panic and sell while price drop can't solve the problem, you should be confident with what you chose earlier.
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I can't compare Lewandowski and Sadio Mane at Bayern Munich yet. For now, of course, Lewandowski is above Mane because Lewandowski has proven to give something extraordinary at Bayern Munich. I'm also not going to compare these two players in Mane's first season. It was a bit of a rush because Lewandowski had been here a long time. So most likely Mane's game looks the fastest in the second half of the season.
Mane's performance will depend on how he adjusts to the team and the tactics the coach will use. Mane will still adapt to the strategies that the coach will apply in their pattern of play. what I doubt is Lewandowski's performance if he still doesn't make it out of Munich. I haven't read the latest news regarding the move. but if he is still in Munich this season, what I see will affect his performance in the team. I think he is going to be able to adjust fine. You know he is a player who came from the English Premier League where the competition is really harder than Bundesliga. In Bayern Munich, he will not have to play really hard to prove that he is one of the best footballers. Now if Robert Lewandowski stays in Bayern Munich that is going to be a mistake for the player because I believe his performance will surely deteriorate. and if Mane is able to perform somewhat better than Robert Lewandowski it will make Mane’s performance look a lot better.
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There are prediction that Bitcoin's next ATH will occur after the bitcoin halving event takes place. History has shown that after every bitcoin halving event, bitcoin always hits a new ATH.
This is just a prediction and there is no guarantee that history will repeat itself, let's wait and see. But it can be seen that from now to 2024 is a very good time for us to accumulate bitcoin at a cheap price, the more it decreases, the more we should buy more. Because if bitcoin really hits a new ATH in 2024 this $20k price will be the last we'll see.
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Unemployment at least 50% in usa at least so how THE wprld world will look like ? Definately all prices will 80-90%down
What documents do you base on to give the percentage above? This is a very high percentage, and I don't think it will happen. We are fighting inflation and economic crisis, people will also seek ways to have income and that income may not necessarily come from traditional jobs, companies or factories. In the same way that you participate in forum and crypto, it cannot be said that people who don't work for the company will be unemployed and without employment.
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