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Freddie Boyer
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May 14, 2024, 10:30:28 AM
 #101

I think everyone knows the prospects of Bitcoin as you asked, especially for those who have followed the journey of BTC price movements except for those who are new and beginners, and they might be a little rau-rau because the value is quite expensive in basic understanding.

But if you already know that this is also one of the most targeted by whales, they will immediately step in and invest. If the purchase is large, of course, the price will quickly rise and of course the institutions have quite a lot of funds not to buy just 1 BTC.

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May 14, 2024, 05:13:13 PM
 #102

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?

Bitcoin's doing great. A lot of people might say there's no limit and stuff like that, but I honestly think the fact that it is an alternative to money and finances, it'll always have limits. In fact that's it's limit. The fact that Bitcoin is not centralized, would make it difficult for some people to believe, trust, and acquire it. Not that even I myself want it to be centralized or anything but that's actually it's limit.

In the cryptocurrency market, the higher it's popularity, it's investors the higher it's price. Bitcoin's price is already going up but with the fact that there are still people out there who are against it and think it's some kinda scam, it'll still have it's limits. Take gold for example, it's been used for a long time. No one on this planet can say gold is a scam. Sure there's real gold and fake gold, but gold is valuable to everyone.

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May 14, 2024, 06:12:21 PM
 #103

Bitcoin potential is very good and bitcoin will definitely become the best crypto as no other currency can easily make their position like bitcoin. Thinking about the future, people are choosing bitcoin as a savings and even if the economy suffers due to war bitcoin will have no effect. Bitcoin Has High Potential All investors are optimistic that bitcoin will reach higher heights.
Well, despite all these things, I wouldn't recommend anyone making investments or keeping their savings in Bitcoin unless they understand each and everything. There is no doubt that Bitcoin is very good, it is the best cryptocurrency and one of the best innovative ideas of this era, and since it has a limited supply, it tends to go higher in price over time, but as we all know something can't keep going in one direction if it's volatile, so it has its risks as well.

When someone is choosing Bitcoin as a place for them to save their money, they need to understand all these things, they need to know that it is possible that one day when they wake up, they might see that the money they had saved in Bitcoin has lost 30% value because it is a volatile asset and that can happen.
It is definitely a very nerve wrecking thing, it is not that simple, and we need to realize that we can't hold it without any anxiety at all. There will be a lot of ups and a lot of downs, which is why we need to be careful about this period for sure. I need to really emphasize the fact that there will be moments when you will hate the fact that you ever bought bitcoin, because price will be a lot worse and you will rue the day you bought it at that price.

I personally believe that you will not be worried about those days, because price going down is still fine and could be done but the reality is that we are going to see a situation where you will get a lot worse if you buy when it is high, selling when it is low isn't even that bad compared to it.

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May 14, 2024, 10:34:02 PM
 #104

If we talk about the long term, there is no limit to the increase in Bitcoin prices because supply is limited and the number of investors continues to increase. but when it comes to short-term price increases or bullish times, everyone has different analyzes and targets. I myself have a target of $150k, but looking at the current market situation I decided to change the target to $100k. yes I changed the target because it seems the market response to the bitcoin halving was slower.

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May 16, 2024, 06:16:18 AM
 #105

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?

No restrictions and today BTC has proven its toughness before the price was down to 65K and is now preparing towards 70K. I think those who have been holding BTC were not even upset when their assets had dropped to k3 $60,200 a few days ago and now it is relieved that the price of BTC has started to continue its journey.

What we are worried about is that only a few meme-like Altcoins are able to move and rise following in BTC footsteps, yes. quite a lot is still in the starting position even though BTC has gained a few percent since a small correction a few days ago.

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May 20, 2024, 10:11:42 AM
 #106

If we talk about the long term, there is no limit to the increase in Bitcoin prices because supply is limited and the number of investors continues to increase. but when it comes to short-term price increases or bullish times, everyone has different analyzes and targets. I myself have a target of $150k, but looking at the current market situation I decided to change the target to $100k. yes I changed the target because it seems the market response to the bitcoin halving was slower.
I agree, indeed, Bitcoin is a long-term investment and will continue to increase after each halving period, where supply continues to decline and demand is quite high.
I think your analysis of reaching $150K could happen, but that is the ATH that will occur in 2025, while at the end of the year it could reach $100K So a few months there will be a correction first to be able to encourage Bitcoin to increase. So be confident in what you expect, and it's time to keep buying and holding.

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May 20, 2024, 02:39:11 PM
 #107

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?
The limits as you try to put it, are only set by the people that are believing in it. The more the people believe bitcoin could reach massive heights, upwards of a million dollars even, the more it's going to reach that and make it a reality. It's just that simple my friend.

As for the behavior of the rise itself, I couldn't say that much about it, but one thing's for sure, it's always going to be a bumpy ride. Bitcoin and crypto as a whole has been known to be quite tricky when it comes to these things, one day you're at the top of the hottest crypto list in Binance and other exchanges, the next day you're toast. But with bitcoin, there is security. Even if tomorrow this coin crashes to the ground, it's got enough people in its side that dumps are considered temporary and a buy opportunity to some even.

So yeah, sky's the limit for bitcoin and crypto as a whole. Implication-wise, I don't know what you're talking about lol, but one thing's for sure, bitcoin's going to fuck some records up halving after halving, bull season after bull season.

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May 20, 2024, 02:50:24 PM
 #108

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?
The limits as you try to put it, are only set by the people that are believing in it. The more the people believe bitcoin could reach massive heights, upwards of a million dollars even, the more it's going to reach that and make it a reality. It's just that simple my friend.

The limit on the increase may have implications for the meaning of the price,  of course we must agree that in this case there is no limit to the increase in bitcoin because until now its development continues and it could be a very large and unimaginable condition in terms of prices for the future .

I wouldn't make a reference to what price in this case but indeed with all the situations that are happening now, it is indeed possible that a very large price surge will occur for the future. We will not know what the future is like but we can be quite sure that with developments and progress like this in the future it will definitely be even better for bitcoin because that is the hope of everyone who is in bitcoin in the end .  Agrre that as long as there are still those in bitcoin, the price will continue to grow especially now with the increasing number of enthusiasts who are in bitcoin of course its development will also be felt .

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May 22, 2024, 12:32:04 PM
 #109

Quote from: Xampeuu
It depends on the enthusiasm of the world community for Bitcoin, but logically Bitcoin has good prospects for the future, especially now that only a few people believe in it, imagine if half the world's population used it, of course there would be more demand for Bitcoin. But even so, there is still a risk, because no one knows where Bitcoin will go next, therefore we are required to be smart investors to deal with it.
Demand and supply are the major group of people that use to make the price of BTC to pump higher and dump in the market, and it has made people to experience the positive side of BTC, because is not control by the government.

The number of people using BTC these days has increased higher because they have experienced bull run and bear run which is the major opportunity people use to accumulate profit, and those that rejected it before are now looking for way to adopt it for their people to have access to BTC.

It will going to bring a brighter future to those that will hodl it for long years before they can sell to make profits because it use to pump every 4 or 3 years to create opportunity for hodlers to earn.

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May 22, 2024, 01:10:48 PM
 #110

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?
There is no limit to Bitcoin's rise. Market conditions are very dependent on big fish. If they are still not full, of course they will continue to buy. But they can also spit it out again, so you also need to be wary of sudden price drops.

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May 22, 2024, 01:20:35 PM
 #111

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?

Bitcoin's been on a wild ride!  It's exciting, sure, but kinda scary too.  The price jumps all over the place, and sometimes it feels like the whole system could get clogged up.  Governments are still trying to figure it all out, and the amount of energy it uses is crazy.

But hey, there are only so many Bitcoins out there, which could make them even more valuable in the future. Plus, nobody controls it, which is pretty cool. More and more people are using it too, so it's definitely becoming a thing.
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May 22, 2024, 02:44:58 PM
 #112

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?

Bitcoin's been on a wild ride!  It's exciting, sure, but kinda scary too.  The price jumps all over the place, and sometimes it feels like the whole system could get clogged up.  Governments are still trying to figure it all out, and the amount of energy it uses is crazy.

But hey, there are only so many Bitcoins out there, which could make them even more valuable in the future. Plus, nobody controls it, which is pretty cool. More and more people are using it too, so it's definitely becoming a thing.
Decentralization is the reason why BTC is running so fast towards its goal, I'm not at all surprised its price should have been higher. BTC has the power to influence every level of the economy which is very promising and its holders are scattered in every country of the world. BTC isn't really a thing, it's a name with great expectations.

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May 22, 2024, 04:32:01 PM
 #113

I don't think there is any limit of bitcoin price and bitcoin can rise to any amount it will. And bitcoin is not only rising and it also decreasing and that is the time of bear market. It is a volatile currency so we can't predict the nature of it to be consistent rising because it must come down at a setting period of time before it would rise again as the bull run of the market. And the possible effect of it rise is that. Those who invested when the prise was low will make it when it rise again.

And that is why it good to invest in the bear market and keep hodling till you reach another Bull Run again.









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