Is there a future for BTC anymore?

[2chase]

Dreams about the fact that Bitcoin will once cost a million dollars is fine, but this does not mean that by this time all those who now have 5 Bitcoins will still have them, most people will sell everything that has much earlier. People are very greedy and most of them will sell all their coins when Bitcoin costs just above 20,000.

[beerlover]

Majority of people are judging the progress of bitcoin by the pump of few years ago which is quite wrong because I feel they lack the understanding of the whole cryptocurrency thing, price is a very wrong approaching to seeing the progress of the currency but it should be based on stability, it is high time bitcoin stabilizes and give way for its usage.

Now a days, bitcoin is being treated as a store value and it is being adopted in our daily life, it will gradually play its role of replacement for fiats and at the same time will benefit people through its store of value too. This way bitcoin got definite future and we never need to doubt on that. Still, we must give it enough time to groom on its own pace of developments.

When it comes to bitcoin, I think there is no uncertainty and doubt the issue of fear and uncertainty has actually played its negative role on the adoption of cryptocurrency generally but for bitcoin, I think it is no longer the issue of FUD, after what happened during the last bull run, people are just waiting to see when the price finally get to bottom for them to start accumulating more coins.

Once there is an assurance that the bottom has been reached and people start gathering more coins, we will start seeing very much growth in bitcoin price, the pump might not be a sudden one like before  but it will keep taking step towards it no matter how slow it may be till it reaches.

[Naida_BR]

Dreams about the fact that Bitcoin will once cost a million dollars is fine, but this does not mean that by this time all those who now have 5 Bitcoins will still have them, most people will sell everything that has much earlier. People are very greedy and most of them will sell all their coins when Bitcoin costs just above 20,000.

It will never cost a million for acquiring one bitcoin. Even the 20.000 target is very optimistic.
It is not economically possible for these prices to occur. We don't have the wealth globally to support these prices this is what I mean. There is a future for Bitcoin but in lower prices.

[wheelz1200]

Dreams about the fact that Bitcoin will once cost a million dollars is fine, but this does not mean that by this time all those who now have 5 Bitcoins will still have them, most people will sell everything that has much earlier. People are very greedy and most of them will sell all their coins when Bitcoin costs just above 20,000.

It will never cost a million for acquiring one bitcoin. Even the 20.000 target is very optimistic.
It is not economically possible for these prices to occur. We don't have the wealth globally to support these prices this is what I mean. There is a future for Bitcoin but in lower prices.

Never is a strong word, while you might think the chances are slim, any new technology or breakthrough has had its share of never statements which have been disproved.  While I agree 1 million would definately be a stretch it is not impossible.  What if nations adopted bitcoin as their native currency at some point.  Then what?

[ancafe]

Dreams about the fact that Bitcoin will once cost a million dollars is fine, but this does not mean that by this time all those who now have 5 Bitcoins will still have them, most people will sell everything that has much earlier. People are very greedy and most of them will sell all their coins when Bitcoin costs just above 20,000.

in fact it all depends on the situation. when the price of bitcoin reaches $ 20k, but at that time the potential price of bitcoin is still bigger, I think there are still many people who will hold it back. well, basically, the future of bitcoin will be very good when its use is always on the good side.

[mirakal]

Dreams about the fact that Bitcoin will once cost a million dollars is fine, but this does not mean that by this time all those who now have 5 Bitcoins will still have them, most people will sell everything that has much earlier. People are very greedy and most of them will sell all their coins when Bitcoin costs just above 20,000.

in fact it all depends on the situation. when the price of bitcoin reaches $ 20k, but at that time the potential price of bitcoin is still bigger, I think there are still many people who will hold it back. well, basically, the future of bitcoin will be very good when its use is always on the good side.

There's no definite time when it will reached $20,000 but I'm sure if we will break that ATH, we will surely see more increase.
It's a breakout that people are hoping and this would easily create FOMO going forward.

[justspare]

Dreams about the fact that Bitcoin will once cost a million dollars is fine, but this does not mean that by this time all those who now have 5 Bitcoins will still have them, most people will sell everything that has much earlier. People are very greedy and most of them will sell all their coins when Bitcoin costs just above 20,000.

It will never cost a million for acquiring one bitcoin. Even the 20.000 target is very optimistic.
It is not economically possible for these prices to occur. We don't have the wealth globally to support these prices this is what I mean. There is a future for Bitcoin but in lower prices.

It is actually very possible for Bitcoin to cost 1 million over time but I am not talking about now, it could be 100 years to come or many more.

Reason why Bitcoin may find it difficult to walk that lane in this generation is because lots of the users which I am not exempted are seeing Bitcoin has means of investment alone and we are hoping to cash out big money any time it increases, but a time will come that as this activities keeps on, Bitcoin will gradually keep increasing till it become too expensive for people to buy for investment but rather as means of payment.

Take a look at early 2017 when bitcoin was just a little bit above $1000 and from there it started shooting high till people took advantage of it and it crashed but it did not crash to $1000 back, but stabilized at a higher price, this trend will continue till it becomes too expensive.

[fabiorem]

It will never cost a million for acquiring one bitcoin. Even the 20.000 target is very optimistic.
It is not economically possible for these prices to occur. We don't have the wealth globally to support these prices this is what I mean. There is a future for Bitcoin but in lower prices.

I would add one zero to this target. Bitcoin nearly touched 20k in 2017. Its very possible 20k turns out to be the new floor in 2021.

[lienfaye]

The problem is you have so much expectation and you didnt even think of the worse scenario if bitcoin price decline and that's what already happened.

The nature of bitcoin as high volatile means anything can happen in just a snap, it depends to your strategy how to take advantage such situations.

Dont think negatively like it seems bitcoin's existence is over because there is more room for development and it has many things to offer. Bitcoin has a great future as long as supporters are still intact and believing that it will survive.

[ajqjjj]

The problem is you have so much expectation and you didnt even think of the worse scenario if bitcoin price decline and that's what already happened.

The nature of bitcoin as high volatile means anything can happen in just a snap, it depends to your strategy how to take advantage such situations.

Dont think negatively like it seems bitcoin's existence is over because there is more room for development and it has many things to offer. Bitcoin has a great future as long as supporters are still intact and believing that it will survive.

The people mentally was huge profit in less investment so everyone forgot the Bitcoin technology. But future economic was totally depends on Bitcoin because they hold the huge adoption in crypto market. I am sure it will going to peak again so volatile doesn't matter in all the situation.

[guoyu78]

There's no definite time when it will reached $20,000 but I'm sure if we will break that ATH, we will surely see more increase.
It's a breakout that people are hoping and this would easily create FOMO going forward.

Sincerely speaking, a lot of investor will still hold back like you said, what will influence most investors dumping when the coin reaches $20k will depend on the news surrounding them at that time, if there is a speculation during those time that bitcoin will reach like $150,000, many people will still hold while we will also have more buyers buying at that same price just like the way it happened 2017, a lot of people still purchased bitcoin then when it rose to $16,000 with the hope that it will keep rising till its $100,000 and lest we forget that no matter how, FOMO will always play along in this market.

[Daboy_Lyle]

There is always a future for Bitcoin its price is not a problem because it is normal  due to its not being stable. Bitcoin has a great future than other cryptocurrencies because it is the most know coin and 1st Cryptocurrency that always on the top of every exchanges. We can't really assure the price but we can have some ideas how know or predict the future price of bitcoin.

[ChrisPop]

Of course there is a future for BTC and cryptocurrencies in general. IMHO It has very bright future ahead. Just because we are in a prolonged consolidation period it doesn't mean that we are not going to go for a new ATH as we did before. The fundamentals and adoption are raising like crazy. I strongly believe that in the next bull market we will test $100k.

[Siren]

If people here will have thoughts like you,then bitcoin may have no future

Why not stop looking about that highest value from 2017 when the bubble happens reaching almost $20,000 ,can’t you move on and keep the margin of market at the brackets of today?

Anyway we can still profit now right?Yeah it might not huge compared to whate have at the hype but still theres a income.so lets focus and give chance crypto to regain its popularity and capitalization by continuing the support and stop this kind of expectations

[Vaculin]

Of course there is a future for BTC and cryptocurrencies in general. IMHO It has very bright future ahead. Just because we are in a prolonged consolidation period it doesn't mean that we are not going to go for a new ATH as we did before. The fundamentals and adoption are raising like crazy. I strongly believe that in the next bull market we will test $100k.

Only the real optimistic investor will see that, we got tested and we still here, so we survive in the market.
I know it's still bearish but I believe we have hit the dip already, so there should no more panic in our side, we will see bright future for all of us who believes here. Let the weak hands dump, their action will not leave a permanent effect on the market.

[upsidedown75]

If people here will have thoughts like you,then bitcoin may have no future

Why not stop looking about that highest value from 2017 when the bubble happens reaching almost $20,000 ,can’t you move on and keep the margin of market at the brackets of today?

Anyway we can still profit now right?Yeah it might not huge compared to whate have at the hype but still theres a income.so lets focus and give chance crypto to regain its popularity and capitalization by continuing the support and stop this kind of expectations

LOL, it is quite really funny how people want to achieve such a big goal without patience, this is why many people bother themselves on issues that one does not have they do not have any control over and end up “panic sell” coins that would have given the future.

One thing that is very certain for BTC is that it has a very promising future but the hour and time it will do may not be tomorrow, next tomorrow or even in 10 years’ time, it has now come to a point in time where people have to strictly see this cryptocurrency as a future investment that they can retire on, rather than seeing it as this fast money making technology. We need to also do our own part in facilitating this dream also.

[Pattart]

Dreams about the fact that Bitcoin will once cost a million dollars is fine, but this does not mean that by this time all those who now have 5 Bitcoins will still have them, most people will sell everything that has much earlier. People are very greedy and most of them will sell all their coins when Bitcoin costs just above 20,000.

I don't think so, I have kept bitcoin since the price of $1000 in the past 2 years, many holders still keep their bitcoin in their wallets, because they are confident in the future of bitcoin. if you see a lot of users selling because they are greedy, they are traders and it is only natural for them to do that

[Lpim01]

Dreams about the fact that Bitcoin will once cost a million dollars is fine, but this does not mean that by this time all those who now have 5 Bitcoins will still have them, most people will sell everything that has much earlier. People are very greedy and most of them will sell all their coins when Bitcoin costs just above 20,000.

I don't think so, I have kept bitcoin since the price of $1000 in the past 2 years, many holders still keep their bitcoin in their wallets, because they are confident in the future of bitcoin. if you see a lot of users selling because they are greedy, they are traders and it is only natural for them to do that

Actually, we can just hold our bitcoins forever and just making profit when the market price rise. But if you are a trader, every minute will count and so they'll keep on trading even during the bear season cause that's the only way to move their money.
If we all are just keep on holding, we could say that crypto will be just like a dead one. With the aide of trading, market prices moves ups and downs, and that's what we looking for cause that's the way we generate profits.

[The Cryptovator]

We don't about future of bitcoin exactly, but once a day we will realize that why I didn't hold for long time. Because if you hold 1 bitcoin now, may be it will your dream in future if I can buy 1 btc in case you sold it now. Just imagine before 5 years what was the price of bitcoin and what would be price after 5 year. Although we can't say 100% but we can expect from previous record. However I am always positive about bitcoin although market still on bear market. So be positive.

[Labumi]

Of course there is a future for BTC and cryptocurrencies in general. IMHO It has very bright future ahead. Just because we are in a prolonged consolidation period it doesn't mean that we are not going to go for a new ATH as we did before. The fundamentals and adoption are raising like crazy. I strongly believe that in the next bull market we will test $100k.

indeed the price of bitcoin can reach that expensive but you must know the price movement of bitcoin is difficult to predict when the price of bitcoin can reach that price, if for the long term it can be due to the influence of the total supply of bitcoin but no one knows when that happens.