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[michellee]

Moving forward, Bitcoin adoption has to get stronger now.

It will become stronger than now. Bitcoin needs to wait for the right time to skyrocket, and I think right now, bitcoin is trying to reach more people to buy, so sooner or later, bitcoin price will increase. If it's not happening this month or next month, it will no problem because we have time to save more bitcoin from today. It will give us a chance to make a lot of money if we can have more bitcoin.

[slaman29]

Moving forward, Bitcoin adoption has to get stronger now.

It will become stronger than now. Bitcoin needs to wait for the right time to skyrocket, and I think right now, bitcoin is trying to reach more people to buy, so sooner or later, bitcoin price will increase. If it's not happening this month or next month, it will no problem because we have time to save more bitcoin from today. It will give us a chance to make a lot of money if we can have more bitcoin.

No need to speculate on whether BTC gets stronger or not, this has always been true regardless of market conditions. Wallet users are growing, transactions on chain AND off chain are growing. More networks of merchants and users. Less hype, more adoption, more use. These are the signs we can't ignore and they mean BTC is stronger and will keep growing stronger.

[coinfinger]

Moving forward, Bitcoin adoption has to get stronger now.

It will become stronger than now. Bitcoin needs to wait for the right time to skyrocket, and I think right now, bitcoin is trying to reach more people to buy, so sooner or later, bitcoin price will increase. If it's not happening this month or next month, it will no problem because we have time to save more bitcoin from today. It will give us a chance to make a lot of money if we can have more bitcoin.

We need to understand that the market is in a very critical situation right now where everyone is not sure where to invest and which asset they should divest and that is the primary reason why people even if they want to invest with bitcoins they are taking measures by not going all-in and investing smaller amounts because covid-19 has made a hoax among people that it might end all the trades in coming time.

I think the price is not going to bloom until the situation is more clear and there is a vaccine being developed that gives people assurance of their safety because no matter how professional we get the safety and well being of ourselves is still the highest priority.

[milewilda]

Moving forward, Bitcoin adoption has to get stronger now.

It will become stronger than now. Bitcoin needs to wait for the right time to skyrocket, and I think right now, bitcoin is trying to reach more people to buy, so sooner or later, bitcoin price will increase. If it's not happening this month or next month, it will no problem because we have time to save more bitcoin from today. It will give us a chance to make a lot of money if we can have more bitcoin.

We need to understand that the market is in a very critical situation right now where everyone is not sure where to invest and which asset they should divest and that is the primary reason why people even if they want to invest with bitcoins they are taking measures by not going all-in and investing smaller amounts because covid-19 has made a hoax among people that it might end all the trades in coming time.

I think the price is not going to bloom until the situation is more clear and there is a vaccine being developed that gives people assurance of their safety because no matter how professional we get the safety and well being of ourselves is still the highest priority.

Health would be always the main priority and survival thing which is just normal for people to think about. Investment would always fall in second in line but actually we cant really tell if this had been the main reason
but we can presume out since we are having the same feeling specially now that we are on the middle of pandemic situation.Why bitcoins price hasnt rocketed? This had always been a question even we arent experiencing a pandemic theres always been had a case to be like this where price is stagnant for a long time being and doesnt show any signs of increase or whatsoever.For now we dont have any choice but to observe
on what would be the next possible move of the market.

[Oasisman]

Health would be always the main priority and survival thing which is just normal for people to think about.
Investment would always fall in second in line but actually we cant really tell if this had been the main reason
but we can presume out since we are having the same feeling specially now that we are on the middle of pandemic situation

Indeed, health is always wealth. There are actually a lot of reasons why Bitcoin remained at this level even after the very bullish predictions in the post halving, and one of them is the pandemic.

Why bitcoins price hasnt rocketed? This had always been a question even we arent experiencing a pandemic theres always been had a case to be like this where price is stagnant for a long time being and doesnt show any signs of increase or whatsoever.For now we dont have any choice but to observe
on what would be the next possible move of the market.

Base on the trend on 2016 halving, Bitcoin has been gradually increasing every month in the post halving.
And, of course it's not gonna be the case this year, but Bitcoin has been doing well maintaining in a $9,000 region amidst the world crisis. So, most probably the pandemic and global economic crisis is depriving Bitcoin to skyrocket.
I know Bitcoin has been created during the 2007-2009 global economic recession, but this time is different because the recession ties up with the national health security which is the most important matter above all.
Some businesses closed, workers can't go to work, some are in skeleton schedule, how else do we expand the Bitcoin adaption if people doesn't have enough money to buy Bitcoin due to this pandemic.

[STT]

The 10k area should be enough for people to be grateful, why hasnt Bitcoin crashed is the constant question some asked many years and still now.  Perhaps the two are in equilibrium and hence we havent moved at all.     The desire to have BTC gain alot in a small amount of time is actually destructive because it represents price instability, price is not supposed to alter subtianally unless inaccurate.   Even a positive gain represents volatility so we should be careful what we wish for, I'm just glad the market continues and is meeting the needs of both sellers and buyers and I hope BTC just improves its utility and so a greater population find it useful and the price is secondary to that and probably rises.

[Twinkledoe]

The 10k area should be enough for people to be grateful, why hasnt Bitcoin crashed is the constant question some asked many years and still now.  Perhaps the two are in equilibrium and hence we havent moved at all.     The deserve to have BTC gain alot in a small amount of time is actually destructive because it represents price instability, price is not supposed to alter subtianally unless inaccurate.   Even a positive gain represents volatility so we should be careful what we wish for, I'm just glad the market continues and is meeting the needs of both sellers and buyers and I hope BTC just improves its utility and so a greater population find it useful and the price is secondary to that and probably rises.

What we are having right now with btc price is already great, despite of the pandemic btc survives and slowly pushing thru. If you are a long time user, you will not wish for btc to skyrocket at a very short period of time as it is quite dangerous. The sudden fall is imminent if that happens. This slow increase is better than steep increase. And also, wish for more people and shops to use crypto so it will drive more adoption and so is demand in the market.

[michellee]

Moving forward, Bitcoin adoption has to get stronger now.

It will become stronger than now. Bitcoin needs to wait for the right time to skyrocket, and I think right now, bitcoin is trying to reach more people to buy, so sooner or later, bitcoin price will increase. If it's not happening this month or next month, it will no problem because we have time to save more bitcoin from today. It will give us a chance to make a lot of money if we can have more bitcoin.

No need to speculate on whether BTC gets stronger or not, this has always been true regardless of market conditions. Wallet users are growing, transactions on chain AND off chain are growing. More networks of merchants and users. Less hype, more adoption, more use. These are the signs we can't ignore and they mean BTC is stronger and will keep growing stronger.

Whether to speculate or not, we will see many speculators out there saying that bitcoin will move, and they like to share what they think. Bitcoin is still stable now, and it still attracts people to invest in bitcoin, so bitcoin will start to increase when the right time comes.

It will become stronger than now. Bitcoin needs to wait for the right time to skyrocket, and I think right now, bitcoin is trying to reach more people to buy, so sooner or later, bitcoin price will increase. If it's not happening this month or next month, it will no problem because we have time to save more bitcoin from today. It will give us a chance to make a lot of money if we can have more bitcoin.

We need to understand that the market is in a very critical situation right now where everyone is not sure where to invest and which asset they should divest and that is the primary reason why people even if they want to invest with bitcoins they are taking measures by not going all-in and investing smaller amounts because covid-19 has made a hoax among people that it might end all the trades in coming time.

I think the price is not going to bloom until the situation is more clear and there is a vaccine being developed that gives people assurance of their safety because no matter how professional we get the safety and well being of ourselves is still the highest priority.

For the bitcoin market, I think the market is not in a critical situation because bitcoin can still go up and down, giving us a chance to buy low and sell high to make a profit. People don't have to worry about the bitcoin movement if they use bitcoin as the investment. But if they use bitcoin as a commodity to make money, they need to try to buy low and sell high so they can make money from bitcoin.

I don't hope the price is going down for the rest of this year because we already at a price now, and people seem to wait for the next step that bitcoin will do in the market.

[okala]

There is no basic reason why bitcoin should do a surprising movement now and it is moving currently on a sideways. However, the next breakout is going to be a big one. If it is going to go up it might go as higher as 12,500 and likewise if it is going to go down it might get lower to $6500.

[TheGreatPython]

Moving forward, Bitcoin adoption has to get stronger now.

It will become stronger than now. Bitcoin needs to wait for the right time to skyrocket, and I think right now, bitcoin is trying to reach more people to buy, so sooner or later, bitcoin price will increase. If it's not happening this month or next month, it will no problem because we have time to save more bitcoin from today. It will give us a chance to make a lot of money if we can have more bitcoin.

No need to speculate on whether BTC gets stronger or not, this has always been true regardless of market conditions. Wallet users are growing, transactions on chain AND off chain are growing. More networks of merchants and users. Less hype, more adoption, more use. These are the signs we can't ignore and they mean BTC is stronger and will keep growing stronger.

Yes indeed and the price I see now is looking more solid rather than reaching 20k and then dropping to 10k in a week time. I have always wanted the price to be stable and if even if increases it should be because of the organic growth by mass adoption and slow growth actually indicates the organic growth now. I understand why people want a blast in the price because they have seen it in the years that have gone by and usually the price sky rockets multiple times every year.

I am personally glad the price is not rocketing because when it starts to rocket up there is a concern in my mind that while the highest of highs are always good there might be terrible lowest of lows and rather being stable is better.

[KTChampions]

The 10k area should be enough for people to be grateful, why hasnt Bitcoin crashed is the constant question some asked many years and still now.  Perhaps the two are in equilibrium and hence we havent moved at all.     The desire to have BTC gain alot in a small amount of time is actually destructive because it represents price instability, price is not supposed to alter subtianally unless inaccurate.   Even a positive gain represents volatility so we should be careful what we wish for, I'm just glad the market continues and is meeting the needs of both sellers and buyers and I hope BTC just improves its utility and so a greater population find it useful and the price is secondary to that and probably rises.

These are reasonable considerations, but they run counter to the expectations of most bitcoin users (I think these are speculators and not those people who use bitcoin purely for utilitarian purposes). I think that if in the medium term bitcoin does not show a bullish trend and closer to the ATH, then more talk will be about this, and not about the applicability of bitcoin, mass adoption, etc. no matter how successfully these areas develop.

[beerlover]

Why it hasn't in 2019 or before that? At least now we have pandemic and slow economy movement everywhere but 2018 and 2019 were full of downfall markets except few weeks. Just due to recent halving, is it right to expect bitcoin prices to be skyrocketing right now? Probably the concept is right, but we must give it time to accumulate and then starts its rally. Moreover, bitcoin is obeying its four year cycle almost with all aspects. So, this year could be bullish mode in the second half but pandemic condition is making us not to conclude in concrete manner.

[alani123]

That's a tough question to answer.
I think there's still a lot of resistance for BTC prices to go up because many people had bought close to the peak. Sadly or not, it was the introduction many had to crypto when BTC was nearing its all time high and still rallying... These bags are still held and whenever there seems to be a break through resistance, it just amps up again by people taking profit from some down trends also.

BTC might have a second wave of exposure sooner or later. But I think that this is what's needed for prices to break through resistance for good this time. New money coming in the market en masse essentially.

[Gozie51]

I think it is already flying because it has refused to go below 9,000.This is a good sign confirming that the bitcoin holders are safe with investing in bitcoin.

Rome wasn't built in a day.  It's going to take time for bitcoin to take off in terms of becoming a currency, or global currency.  I like to think of it, or compare it to the internet.  It took a while to take off, and it took some time for the world wide web to be created, to terne

Bitcoin becoming a currency that everybody would use will take a lot of time. But at the moment, bitcoin is doing well if not for the fluctuation and volatility which are contributing to unstable price.

[Inkdatar]

A lot of factors as to why Bitcoin has not yet skyrocketed. You know the market is unpredictable it may rise and low and it takes time to see it increasing. But as you can see in the current market there is still a good movement in bitcoin. Let's us not look only for the price rather the benefits of bitcoin can give to the users.