justdimin
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August 04, 2023, 08:30:34 AM |
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Every investments in this form needs money to sustain it's price or it needs MORE money to continue and sustain the increase. However, new investors or fresh capital (if that's what you mean it) may not be the only reason we're looking at to make the bull run possible because the old ones are actually adding more money to fill their bags. So, either of both contributes to the growth of bitcoin and it's value. But yeah, bitcoin needs more investors if people around here are very optimistic about the 6 digit figure some even said millions. As we all can see, more and more businesses and countries starts recognizing bitcoin and accepting them as a means of payments or service, that's one way we get more people to pour money into bitcoin. I'm expecting more adoption if more people understands how bitcoin works and how essential the use case is.
I think old money coming back in could be the running method for us at the moment. There was a lot of money in the bitcoin world that got out, most of it found its way to stablecoins, a lot of it also went back to bank accounts as well. We do not need fresh capital alone, that would be lovely of course if it happens but also we need to have all those people who left crypto to come back and invest again. That would make it a lot more possible and profitable without a doubt. Basically it is not that easy but it should be possible and could make it work a lot better as well. I hope that it gets to a point where we could see how profitable it is to just get back in after leaving and those people will do that in order to increase the price.
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Unbunplease
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August 04, 2023, 08:54:41 PM |
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I think old money coming back in could be the running method for us at the moment. There was a lot of money in the bitcoin world that got out, most of it found its way to stablecoins, a lot of it also went back to bank accounts as well. We do not need fresh capital alone, that would be lovely of course if it happens but also we need to have all those people who left crypto to come back and invest again. That would make it a lot more possible and profitable without a doubt.
Basically it is not that easy but it should be possible and could make it work a lot better as well. I hope that it gets to a point where we could see how profitable it is to just get back in after leaving and those people will do that in order to increase the price.
If a person turns to cryptocurrency again, they are unlikely to buy expensive bitcoin. Only newbies will buy expensive bitcoin, who do not yet realize that the price of bitcoin has already increased so much that it will be difficult to sell it at that price. This is why new money is better than old money
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btc_angela
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August 05, 2023, 10:39:46 AM |
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Every investments in this form needs money to sustain it's price or it needs MORE money to continue and sustain the increase. However, new investors or fresh capital (if that's what you mean it) may not be the only reason we're looking at to make the bull run possible because the old ones are actually adding more money to fill their bags. So, either of both contributes to the growth of bitcoin and it's value. But yeah, bitcoin needs more investors if people around here are very optimistic about the 6 digit figure some even said millions. As we all can see, more and more businesses and countries starts recognizing bitcoin and accepting them as a means of payments or service, that's one way we get more people to pour money into bitcoin. I'm expecting more adoption if more people understands how bitcoin works and how essential the use case is.
I think old money coming back in could be the running method for us at the moment. There was a lot of money in the bitcoin world that got out, most of it found its way to stablecoins, a lot of it also went back to bank accounts as well. We do not need fresh capital alone, that would be lovely of course if it happens but also we need to have all those people who left crypto to come back and invest again. That would make it a lot more possible and profitable without a doubt. Yeah, as much as bitcoin has cycle, old and new members as well are going into the market specially in the bull run. It's just a question of timing for this smart and young investors when they want to come. But for sure, they are all for the love of making money so most likely moving forward they are going to slowly come in and reinvest. Basically it is not that easy but it should be possible and could make it work a lot better as well. I hope that it gets to a point where we could see how profitable it is to just get back in after leaving and those people will do that in order to increase the price.
That is the hard lessons here, when everyone thought it's easy money here, then they are all wrong. Investing in bitcoin is very different from traditional assets like stocks. Here you have to wait for 4 years before you can see some profits in your wallet.
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hugeblack
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August 05, 2023, 11:05:41 AM |
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There is one fact, which is that the price rises within 24 months of any halving, and this rise may break the OLD ATH. Accordingly, it is believed that during each Bitcoin cycle (4 years), the price reaches a new peak and returns to a bottom that represents more than 50% of the previous peak, based on this The price of bitcoin will break the top of $72,000 during the year 2024 or 2025, before returning to such levels or less than them.
So don't expect much before 2024.
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Adbitco
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August 05, 2023, 03:36:42 PM |
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The mystery behind this is something that is hard to explain but to my understanding I felt bitcoin usually attracts more attention from various angle that makes investors to draw more attention to invest with the mindset that there would be a turnaround in price. From the news all over, people don't usually wait for the halving to take effects but I believe funds are being stocked on usdt and any other stablecoin waiting for the halving. There is always money, what just happened is news maybe since most people already predicted for price to touched $100k, while others said $200k the speculation is what drag attention whereby people may feels like not missing the good chance which may possibly lead to buy and at the cost of buying prices began to increase the more people troop in the market to make sure they involved themselves with bitcoin before it touches $200k. So don't expect much before 2024.
You are right, there is no possibility to shows something positive could like happened but investors are only being optimistic about the price.
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Odohu
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August 06, 2023, 08:28:45 PM |
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There is one fact, which is that the price rises within 24 months of any halving, and this rise may break the OLD ATH. Accordingly, it is believed that during each Bitcoin cycle (4 years), the price reaches a new peak and returns to a bottom that represents more than 50% of the previous peak, based on this The price of bitcoin will break the top of $72,000 during the year 2024 or 2025, before returning to such levels or less than them.
So don't expect much before 2024.
You analysis is very correct. One other factor that you should consider is that the publicity Bitcoin have now is like never before. Bitcoin have successfully made it to the heart of many people and the potential/promises it holds are unparalleled. Remember that people buy the news... so as the news of the having and the cycle begin to spread, people will start buying and when everyone is doing that, price have no choice than to rise.
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19Nov16
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August 09, 2023, 03:03:23 PM |
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The issue that many stable coin projects are not supported by real money make a lot of panic, many people are worried that if this issue is true it will make the market difficult to rise, of course we need new money to be able to make an increase, the ease given by many exchanges for deposits from credit cards makes We must be optimistic that New Money comes soon.
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South Park
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August 10, 2023, 09:10:15 PM |
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The issue that many stable coin projects are not supported by real money make a lot of panic, many people are worried that if this issue is true it will make the market difficult to rise, of course we need new money to be able to make an increase, the ease given by many exchanges for deposits from credit cards makes We must be optimistic that New Money comes soon.
For a long time there has been rumors and accusations that stable coins did not had a one to one backing as they stated, and for a lot of time those circumstances were ignored by the community, however now that governments seem to want to release their CBDCs then they cannot ignore stable coins and they will make use of this Achilles heel in order to try to bring them down, and I think they will succeed on destroying a few of those coins at some point on the future.
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tygeade
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August 13, 2023, 05:52:01 AM |
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I think old money coming back in could be the running method for us at the moment. There was a lot of money in the bitcoin world that got out, most of it found its way to stablecoins, a lot of it also went back to bank accounts as well. We do not need fresh capital alone, that would be lovely of course if it happens but also we need to have all those people who left crypto to come back and invest again. That would make it a lot more possible and profitable without a doubt.
Basically it is not that easy but it should be possible and could make it work a lot better as well. I hope that it gets to a point where we could see how profitable it is to just get back in after leaving and those people will do that in order to increase the price.
This is definitely the way to start the bull run without a doubt. Of course we would need new people and some new money, but first to start that bull run we need people who was already at the bitcoin world and then got out, that would be a lot better without a doubt. If you could bring back all those billions and billions of dollars back to the market and make them buy bitcoin then you are going to see bitcoin price increase insanely high and you will make a lot of money from it without a doubt. I get that it will not be that simple, but it's not going to be that weird neither. I hope that it gets to a point where we can see the situation growing better. Get old timers back, and you will start a big bull run, that's what I think.
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Husires
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August 13, 2023, 06:48:28 AM |
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The price contradicts expectations. About 3 years ago, everyone was expecting that the price would break the $100,000 level, and even some were optimistic when the price was around $70,000, but no one sold. Now, the same speculations return, as everyone expects this increase. Always try to You set pessimistic expectations as your limits for selling. In the worst case, some expect that we will get a price higher than 68,000, and in the best case, the price will be 250,000.
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Jating
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August 13, 2023, 10:11:59 AM |
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The issue that many stable coin projects are not supported by real money make a lot of panic, many people are worried that if this issue is true it will make the market difficult to rise, of course we need new money to be able to make an increase, the ease given by many exchanges for deposits from credit cards makes We must be optimistic that New Money comes soon.
I'm not sure what stable coins that you are referring though, perhaps it was USDT because I read that it has been de-pegging to US dollar? However, if we are talking about where the money will come in the next bull run. It's hard to say though, just like in the last bull run wherein we also don't know where is the source until we see a lot of institutions and big companies and even a country like El Salvador is pushing it to a new all time. So I believed that in the next bull run it will be the same, another source will come in that has a lot of money then invest it on bitcoin's bull run. But it's hard to anticipated where and who it is right now.
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Joshapat
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August 15, 2023, 01:07:50 PM |
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Price spikes, of course, really depend on new money coming in, as long as there is no new money, the price will be like it is today, the thing that makes us wary is that many transactions go out of private wallets to exchanges and usually this will make bitcoin decline, we'll see if the year 2024 can jump or not, otherwise of course the future will be even more difficult.
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