how in the world is btc at $12.303,28?

[coolcoinz]

The funny part about what OP has said is that posts like that were made every single year in Bitcoin's history.
"how the hell it is worth $1k when just 2 years ago I was selling for $10? There's nothing that would explain such growh in value! Nobody is using it!"
FYI nobody is using gold to buy things in a store too.

Usually people who miss the train try to share their regrets with the rest of us in the form of "Why the hell is this happening? It's unfair"

[Kelvinid]

Usually people who miss the train try to share their regrets with the rest of us in the form of "Why the hell is this happening? It's unfair"

Indeed, usually people never think that it will pumps rather than think about that it sinks. I can't imagine why most people never buy Bitcoin during the bear season but they come out when it started to move high. That's a big mistake.

Just like it happened last 2017 Bullrun, a lot of people missed that train and it comes to the point that it happens again this time. Really it is unfair! Because in the first place, they always think negatively about crypto rather be an optimistic individual. If they are of regrets this time, then have to blame themselves first rather than saying that the market is so UNFAIR.

[Shasha80]

Please if you choose to leave the Bitcoin world, no one forces you to invest in Bitcoin. I am, after all knowing that currently Bitcoin
does not function as a currency, because it is true that people rarely use Bitcoin to buy goods or services. But no one can predict
the future, I still believe that one day Bitcoin will become a global currency. All we need is to be patient, so I won't be influenced
by your opinion about Bitcoin. Because I will keep collecting as much Bitcoin as possible.

[Vishnu.Reang]

It's cycle dude.
It is very normal for BTC to hit that rate and may be higher. Just see on the market chart. Although probably the news may also give the influence to the BTC price. But mostly, the market has its own change. In this case, never panic every time the price is down or up. But in this case, let's follow the market of BTC and find the chance to make profits every time you make it.

Yes. Bitcoin will be having its own ups and downs in the future. But if you stay put, then you will be rewarded in the end. The trick is not to fell victim to the FUD floating around. Be patient, hold your coins for the long term and ignore the FUD. Bitcoin is something that can never be destroyed. So you may get good returns sooner or later. Only thing that you need to do is to trust the concept of cryptocurrency.

[freedomgo]

Please if you choose to leave the Bitcoin world, no one forces you to invest in Bitcoin. I am, after all knowing that currently Bitcoin
does not function as a currency, because it is true that people rarely use Bitcoin to buy goods or services. But no one can predict
the future, I still believe that one day Bitcoin will become a global currency. All we need is to be patient, so I won't be influenced
by your opinion about Bitcoin. Because I will keep collecting as much Bitcoin as possible.

Relax dude, we need some haters, like we need some dumpers to make bitcoin stronger. Everyone has their own opinion, they are in crypto and we are not bias here so we accept crypto enthusiast and crypto haters, besides if they like to get involve they can just play the game, and that is shorting bitcoin all the time.

[Furious 7]

It's cycle dude.
It is very normal for BTC to hit that rate and may be higher. Just see on the market chart. Although probably the news may also give the influence to the BTC price. But mostly, the market has its own change. In this case, never panic every time the price is down or up. But in this case, let's follow the market of BTC and find the chance to make profits every time you make it.

Sometimes they only see from the lowering session how to correct and not panic at that time and the current condition of bitcoin for me is quite stable maybe this increase will continue until the end of this year, I won't see bad news because it will affect me when I see Fill in it and stay in the position of what I do to be used to generate income from every time I buy and sell.
12k-13k will soon be reached, no need to panic, it will cause great jealousy and destroy your confidence.

[Mauser]

Please if you choose to leave the Bitcoin world, no one forces you to invest in Bitcoin. I am, after all knowing that currently Bitcoin
does not function as a currency, because it is true that people rarely use Bitcoin to buy goods or services. But no one can predict
the future, I still believe that one day Bitcoin will become a global currency. All we need is to be patient, so I won't be influenced
by your opinion about Bitcoin. Because I will keep collecting as much Bitcoin as possible.

Relax dude, we need some haters, like we need some dumpers to make bitcoin stronger. Everyone has their own opinion, they are in crypto and we are not bias here so we accept crypto enthusiast and crypto haters, besides if they like to get involve they can just play the game, and that is shorting bitcoin all the time.

Without any seller we wouldn't see any real bitcoin prices. Imagine everyone would just mine coins and hold them. There would be ciculation. We need an active bitcoin market to attract more people. It is good that people use coins to buy things and exchange them for FIAT. Trading bitcoins is actually fun. Unfortunately I don't have the time at the moment to go back to intra day trading of bitcoins. But the more people buy and sell bitcoins the bigger the market will become. We want people to have different opinions about the value of bitcoins.

[Emitdama]

Please if you choose to leave the Bitcoin world, no one forces you to invest in Bitcoin. I am, after all knowing that currently Bitcoin
does not function as a currency, because it is true that people rarely use Bitcoin to buy goods or services. But no one can predict
the future, I still believe that one day Bitcoin will become a global currency. All we need is to be patient, so I won't be influenced
by your opinion about Bitcoin. Because I will keep collecting as much Bitcoin as possible.

Yeah, why do people think about bitcoin price like it is a product. I mean just because there are traders out there who wants to make it high, doesn't mean that there needs to be some other reason to make it high. If traders wants to make it high, they can make it high, if they want to make it low they can make it low and that is literally all we need about bitcoin to be up or down.

At one point traders said that they rather buy more than they sell and that is why bitcoin price reached above $12.3k and after that there was a change in logic and they said they rather sell more than they buy and price went to $11.5k and that is ONLY thing needed to make the bitcoin price change and that is the only thing that matters. Market knows this very well, hopefully other people will realize it as well.

[wiss19]

Do you understand Bitcoin at all? After reading this I checked your profile to see your rank, because I thought you were still a noob that doesn’t understand a thing about the market, not knowing you’re even a senior member. So, you don’t know that Bitcoin relies on trust?

Okay, I know what you’re trying to say is on manipulation, and that’s something everyone has known for quite long now and Bitcoin is getting pass that level, unless altcoins, they are the ones that can easily be manipulated by anyone. The price of Bitcoin reached this level because people are buying more of Bitcoin. There are lots of things that shows people’s interest in BTC if you have been up to date recently.

[wxa7115]

^ Price/value is subjective. You might feel $12k is too much, but there are many brainwashed people that feel the price would be one million $. At the end of the day, it's all depends on the perception of the masses. Your decision as an individual does not affect BTC price, but collective decision will.

This, the price of something is always subjective and it is decided entirely by what people want to pay for it, is a work of art worth hundreds of millions of dollars? For some people it is and since they have the money to pay then that is the valuation the work of art gets and the same is true for bitcoin, it is obvious that many people around the world cannot understand how something that you cannot touch and that is completely digital can be worth 11,400 dollars but that is the way the supply and demand works.

People think that the price of bitcoin will go up very rapidly during the next years, and whether this is happens or not this belief is having a huge impact on the price and will keep doing so for the foreseeable future.