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Author Topic: Bitcoin in a good shape?  (Read 993 times)
Expecto
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September 08, 2020, 07:51:28 PM
 #61

There has been very big changes in Bitcoin price in 2 years. In fact, this year could be one of the best years for Bitcoin price I think. It has been over 10k dollars for a very long time. Bitcoin use is also increasing year by year. So yes, Bitcoin is in a nice shape. Smiley

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September 08, 2020, 09:46:47 PM
 #62

Bitcoin price is good, yeah it has dropped but it's a good thing to buy now and save for later, I believe market will improve by a LOT from next year.
Good part is BTC over 10k once more. Digital money getting more mainstream, and this thing will benefit the market. Everyday new people and investors are entering the market. You and I can hopeful of a better market value for bitcoin.

The value gain went up to $10k after that long years, and if you are aiming to invest for long term then it's in a good shape. With many new
investors now who are bringing new invested money, you can assess that there are a big chance that it will go high and reach the next ATH.

There has been very big changes in Bitcoin price in 2 years. In fact, this year could be one of the best years for Bitcoin price I think. It has been over 10k dollars for a very long time. Bitcoin use is also increasing year by year. So yes, Bitcoin is in a nice shape. Smiley

Bitcoin indeed still in good shape, you can invest then wait again for your set target. As long as you are willing to take the risk and willing to
wait for the next bull then your money is safe.

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September 08, 2020, 10:01:16 PM
 #63

Hey. I think that now Bitcoin is in good shape, not only relative to the position of 2 years ago. He's in very good shape. Now there is a correction after a steady growth, but there is no good growth without corrections and I think that the growth will continue.
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September 08, 2020, 10:14:29 PM
 #64

There has been very big changes in Bitcoin price in 2 years. In fact, this year could be one of the best years for Bitcoin price I think. It has been over 10k dollars for a very long time. Bitcoin use is also increasing year by year. So yes, Bitcoin is in a nice shape. Smiley
Bitcoin started from scratch and usually has been ignored. They think nothing and it was surprising how it gets hypes and reaches $20k. Even though we couldn't see it back again, we are still far from where we started, and it was enough to say that we are making good almost every day. Seeing the dumps and followed with the pumps has come to normal in the market and that is no reason we should have to complain.

The year 2018 and 2019 might be a bad year for crypto but I was only to think that we are just tested by our faith. It somehow the pandemic comes this year but opposite it happens to Bitcoin and sees people are adopting it than before which has a huge impact on the price.
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September 09, 2020, 10:07:16 AM
 #65

Hey. I think that now Bitcoin is in good shape, not only relative to the position of 2 years ago. He's in very good shape. Now there is a correction after a steady growth, but there is no good growth without corrections and I think that the growth will continue.

we must believe that bitcoin is indeed in very good condition, after the halving, usually bitcoin will experience significant growth a year later. but now it feels even though it is not stable and always comes back down. the end of the year is still quite long and I think that the movement will occur near the end of the year and continue into the next year.

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September 09, 2020, 10:29:54 AM
 #66

Guys I haven't been here for a while and I'm wondering if Bitcoin is in a better shape than last time I checked 2 years ago.

Thanks
I wouldn't say not but I wouldn't say it is either. Perhaps, you can say it is in good shape but not as good as we were on years ago. I would say that the price now is half of what we have way back before. Moreover, the crypto users are now rapidly increasing, exchanges and everything are now blooming, we have now Defi programs that are now almost comparable to ICOs way back then. In short, the community is getting bigger and there are new projects that had been developed. By the way mate, I welcome you back Smiley.
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September 09, 2020, 10:37:29 AM
 #67

IMO, if you believe in Bitcoin it is time to join the journey. There is a saying that we say in my country "Do not leave until tomorrow what you can do today." Bitcoin is in good shape, don't wait for the price of Bitcoin to rise. Buy what you can, stay abreast of prices, charts and news.
We need more soldiers to put it in a figurative way for Bitcoin to remain the leader, we need to maintain a strong community.

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September 09, 2020, 01:44:11 PM
 #68

Bitcoin price is good, yeah it has dropped but it's a good thing to buy now and save for later, I believe market will improve by a LOT from next year.

Bounce back is what shows that bitcoin is doing well. We have seen it took time to cross 10k but later it went till 12k levels as well and could not sustain the prices above it. But the recent price drops just seems profit booking would have happened and from here the whales again could start buying and we can see price again crossing 11k in coming time.

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September 09, 2020, 01:49:34 PM
 #69

Bitcoin is really in a good shape in the end of 2017 and in the start of 2018, which is I don't see it coming right now.

It reached $12k last month but it didn't last, people still hold and didn't mind the sudden increase because they know that it will not be the next ATH and the increase is not that profitable for them. I don't think that bitcoin is in a good shape right now due to an economic crisis. I think bitcoin will only become in a good shape in the end of year 2021 due to the recovery of those economy in each country.

Bitcoin is unpredictable and it is really hard to say what will happen next, we don't have any idea but if you are knowledgeable about the market then maybe you will have a perception towards this.
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September 09, 2020, 02:01:48 PM
 #70

I'm not in the complaint even the times that Bitcoin dumps so hard coz I know and it was to believe that there is no way to make the things good all the time. What we have now is a thing that could prove that bitcoin always be in good shape regardless of its price.
People are started to adopt bitcoin, some establishments are also finding its way. Sooner or later, the demand will rise and so the price as well.

It is not only measured by the price but it is also to consider the benefits that we might get.
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September 09, 2020, 03:12:16 PM
 #71

Two years is a very long time. I'm sure since you're quite familiar with bitcoin, then you must have known that a lot would have happened as regards the price of bitcoin.
Although there have been a lot of pump and dump from 2 years ago,  bitcoin has been increasing steadily. It is now almost twice the price it was two years ago.
And if you meant stability by being in a good shape, bitcoin has been holding the $11.5k to $12k mark for some time now so I'd say it's stable
I do believe bitcoin is in goof shape.

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September 10, 2020, 01:42:20 PM
 #72

Guys I haven't been here for a while and I'm wondering if Bitcoin is in a better shape than last time I checked 2 years ago.

Thanks

Bitcoin is more impressive nowadays compare  2 years ago. Not only bitcoin but the whole cryptocurrency market. It's constantly changing and improving. But the trajectory of bitcoin is still the same. Going up!
So if you are asking if Bitcoin in a good shape, well, definitely yes. More people are being aware of bitcoin and it will continue doing that for the next years to come.
Yes. Bitcoin is really in a good shape right now even if its price suddenly drops down due to its volatility, bitcoin is still the best crypto at its present times. And even if we are in a pandemic right now, bitcoin has remained firm and strong and has even gained huge popularity from its users and investors.
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September 10, 2020, 07:47:57 PM
 #73

It looks like you are a typical long-term holder, for two years you didn't check the Bitcoin price development.
If we look at the trading chart two years ago Bitcoin which was priced at $ 6000, of course now Bitcoin is in
good shape or Bitcoin is on the right track to get to an all time high price. Hopefully, the current Bitcoin price
correction will not last long. Because I am still optimistic that this year Bitcoin will be able to touch the price
of $ 15,000.

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September 10, 2020, 11:05:54 PM
 #74

It looks like you are a typical long-term holder, for two years you didn't check the Bitcoin price development.
If we look at the trading chart two years ago Bitcoin which was priced at $ 6000, of course now Bitcoin is in
good shape or Bitcoin is on the right track to get to an all time high price. Hopefully, the current Bitcoin price
correction will not last long. Because I am still optimistic that this year Bitcoin will be able to touch the price
of $ 15,000.
I long on BTC and also hope to see $15K this year too, but I am frustrated how much BTC has been tracking stocks, especially tech stocks this year and I am expecting another correction since there is really nothing to justify the stock market recovery with COVID impacting almost every sector (devastating is some!)  If anything I would think BTC is viewed as a hedge given COVID has little direct impact (indirect of course since the world's economies are significantly impacted). Anyway, there are a number of articles highlighting the recent correlation, but this one has a decent chart: 
Both bitcoin and tech stocks have tumbled – how much worse will it get?

Quote
As I sidenote, that other bubblicious asset – bitcoin – has this year been behaving like a tech stock. Here’s the Nasdaq in black, with bitcoin overlaid in red.


But here’s the question we all want to know the answer to: what happens next? Is this the beginning of something bigger, or a temporary blip – a mere aberration?

The volumes and violence of this correction make me inclined to favour the former. I know that the stockmarket and the economy are two very different beasts, but they are related, and the fact that we are in the biggest recession for probably 50 years, maybe even a hundred, inclines me to believe that the fundamentals aren’t totally bullish for stocks.

That said the money printer will go “brrr”, and when it does, inflation manifests itself in the stockmarket.

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November 17, 2020, 04:37:18 AM
 #75

Value savvy, we are certainly fit as a fiddle contrasted with what was a year ago. Enactment, guideline, and in general acknowledgment, we're still there, however, we have progressed many strides from where we were in 2018. The public interest likewise is flooding along with the cost. Also, even with many individuals being influenced by the pandemic at present, bitcoin still performed abnormally better contrasted with all different resources out there that have set up business sectors and a ton of profound pockets that can in a real sense spare their butts if needs be.
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November 18, 2020, 10:37:26 PM
 #76

of course, today bitcoin is very good, and recovered again after 2 years bitcoin stagnated and made us scared and disappointed, I think bitcoin will fall and end, the highest point of reaching $ 20,000 in 2017 is the final destination of bitcoin.  but that's wrong, bitcoin is doing very well today, and it's creating a slow but steady rally.
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November 18, 2020, 10:52:26 PM
 #77

of course, today bitcoin is very good, and recovered again after 2 years bitcoin stagnated and made us scared and disappointed, I think bitcoin will fall and end, the highest point of reaching $ 20,000 in 2017 is the final destination of bitcoin.  but that's wrong, bitcoin is doing very well today, and it's creating a slow but steady rally.
In comparison to the previous price rally of 2017, now we're moving with a good pace. During the previous time growth happened in a much faster pace and so is the crash of the market. This way market is prepared to grow steady for a much longer time period than ending up shortly touching new ATH. We should also be ready to accept market changes happening in either direction.

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November 18, 2020, 11:30:45 PM
 #78

Guys I haven't been here for a while and I'm wondering if Bitcoin is in a better shape than last time I checked 2 years ago.

Thanks
You better get thankful that you are back again so you can witness where we are now today and see the real situation.

Yeah, we are apparently in good shape, you'll be seeing it close to its ATH like the last time you saw it back in 2017. And people around you will surely tell that. Then to ask you, what are your plan now? If you have that BTC's in your wallet, better to let it go now and so you won't miss again the opportunity.

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November 18, 2020, 11:37:03 PM
 #79

Guys I haven't been here for a while and I'm wondering if Bitcoin is in a better shape than last time I checked 2 years ago.

Thanks
You better get thankful that you are back again so you can witness where we are now today and see the real situation.

Yeah, we are apparently in good shape, you'll be seeing it close to its ATH like the last time you saw it back in 2017. And people around you will surely tell that. Then to ask you, what are your plan now? If you have that BTC's in your wallet, better to let it go now and so you won't miss again the opportunity.



If the OP invested again in btc from the time he posted this thread, he surely did make a good profit from his investments. But at that time, we were still in tight pandemic situation, so don't think he bought some crypto. Anyway, if he is talking about the current situation, we are now in a much better shape and this time, a lot of users I believe are more knowledgeable in crypto as compared to 2017 hype.
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November 18, 2020, 11:52:45 PM
 #80

Guys I haven't been here for a while and I'm wondering if Bitcoin is in a better shape than last time I checked 2 years ago.

Thanks
It's been a long time for you if it's 2 years ago. If you invest in bitcoin last 3 months ago for sure you already earned profit this time since the current price of btc is already touch above $17k. Bitcoin is in a good shape and if you observe the market it's soaring high and this means those who invest before are earning already. 
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