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Author Topic: Bitcoin in a good shape?  (Read 993 times)
maxreish
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August 21, 2020, 03:40:38 AM
 #21

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.


Of course, and it's going strong. When it comes to the value, the adoption, the blockchain system surely the progress and development as of today is way better than before.

For the price, let me give you some overview from 2018 bitcoin price vs this year 2020;






Image source

Big difference, more stabilized price. If this is what you mean by a better shape, of course it is just by seeing tbe price itself.
MCobian
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August 21, 2020, 04:01:58 AM
 #22

Now Bitcoin is at its a good shape, even a few days ago it broke the price of $ 12,000. Even after that the price
down for correction, now the price is back up again. So I agree when compared to the performance of 2 years ago,
now Bitcoin is better. Hopefully it can return to all time high prices.

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DoubleEdgeEX
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August 21, 2020, 05:31:51 AM
 #23

Well, price and acceptance says it´s in a good shape. If you think about Grayscale, Fidelity, Blackrock and many more now entering the market you could be ensured they wouldn´t do it without the trust to make money with it. Besides, there are the hypeman out there like Pomp and the Winklevoss twins. And that guy here: https://eng.ambcrypto.com/heres-why-bitcoin-at-487000-might-not-be-a-pipe-dream/
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August 21, 2020, 05:43:05 AM
 #24

Bitcoin becomes stronger from day to day. Check out https://coinmarketcap.com/ if you need some proofs.
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August 21, 2020, 06:40:39 AM
 #25

If you check 2 years ago Bitcoin has indeed decreased, but if you ask about the current Bitcoin price, the current bitcoin price has always gone up very well, then what will you do after you know the current price of bitcoin, want to buy Bitcoin for your future investment or just want to ask about Bitcoin? because I do not know your purpose and purpose for asking about Bitcoin.

affandi
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August 21, 2020, 07:18:15 AM
 #26

If you check 2 years ago Bitcoin has indeed decreased, but if you ask about the current Bitcoin price, the current bitcoin price has always gone up very well, then what will you do after you know the current price of bitcoin, want to buy Bitcoin for your future investment or just want to ask about Bitcoin? because I do not know your purpose and purpose for asking about Bitcoin.

it looks like he was the victim of the ICO turmoil in 2017 and sleeping in 2018, now he is awake to restart his fortune. because 2018 also made me a little frustrated with the state of the cryptocurrency market.
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August 21, 2020, 11:36:45 AM
 #27

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
2 years ago meaning 2018?if you are comparing the price from that year to todays then Yeah you can be sure that Bitcoin is in Much Better shape now,so what are you waiting for?
why not just invest now than checking the market and doing nothing.
Bitcoin becomes stronger from day to day. Check out https://coinmarketcap.com/ if you need some proofs.
Though there is a falling season still like now growing more than $12,000 and now here we go again staying at $11,000 level.

It's mych better in every aspect.

2 years ago we were in a bear market now it's bull
2 years ago we had lower market price
2 years ago there were less bicoin users and less exchanges.

What more do you need?
maybe He needs realization that if He did not invest now then it will be the bigest regret of His life.
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August 21, 2020, 12:53:18 PM
 #28

If you check 2 years ago Bitcoin has indeed decreased, but if you ask about the current Bitcoin price, the current bitcoin price has always gone up very well, then what will you do after you know the current price of bitcoin, want to buy Bitcoin for your future investment or just want to ask about Bitcoin? because I do not know your purpose and purpose for asking about Bitcoin.
Well, we should also talk about the hashrate of Bitcoin for these past few years, especially on last 2 years.
We really soar high since 2 years ago, and this 2020 year is still the year of all-time-high of hash rate of Bitcoin, even we still not breaking the all-time-high. But this is so positive for Bitcoin, and I really admit that Bitcoin is in an extremely good shape.

rajakulam
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August 21, 2020, 12:59:09 PM
 #29

for now,  the condition of bitcoin has started to improve compared to some time ago, hopefully the bitcoin market continues to improve and restore investor confidence to invest as much as possible in the world of cryptocurrency, especially bitcoin.

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August 21, 2020, 01:30:16 PM
 #30

In terms of price, from 2 years ago, of course, bitcoin has had a regular development. The current price can be said to be good because bullish has occurred, but we still have to correct it if we state it.
Many hurdles have passed bitcoin over the past 2 years and at the peak when the pandemic hit where all economies were down in a few months but bitcoin was able to rise until now the price was already in the threshold of $ 11.7k which means this increase is much better than the previous year. .
Maybe also because of the halving effect.

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Yamifoud
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August 21, 2020, 02:10:47 PM
 #31

Maybe you are not consistent in checking that market chart, not even seeing for a year or two? And even you check the price since last month, you eventually know where we are now. I don't think it was not bold to see, but clearly we are moving high and is to believe that we are truly in good shape by now than of the last 2 years or even last year.

If you are in crypto space, you've probably known it. We are not yet at Bullrun but it was of big difference as you see before. It could be time to open your eyes and witness the growing market. I hope you don't miss a thing happening around, pls don't get sleep again.

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August 21, 2020, 04:45:11 PM
 #32

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.
Two years ago? Bruuh, you missed out on a lot of opportunities man Shocked.
So I guess you’re one of those people that decided to quit after the price of bitcoin decreased to a low rate after going for a huge bull run?

Well, you can see that for yourself by checking exchanges for the price of Bitcoin, the price is already back up and currently chasing $12,000. If you were around February, the price was way more less than this and that would have been a better time for you to start reinvesting. Although I don’t think that it’s late at this time, because I still believe that there is going to be further increase before the end of the year.
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August 21, 2020, 04:57:06 PM
 #33

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 always in a better shape to trade or invest in. Whenever you meet bitcoin is the ideal time to buy into it. Investors know that to get into an investment as Bitcoin, no matter the time you meet it. it is never late. So, If one is waiting for a better deal on the of time before investing in bitcoin. it is now.
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August 21, 2020, 05:01:09 PM
 #34

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

What do you mean? If you are talking about how much bitcoin is worth now and how much its price has changed, then it is easier for you to look at the charts and compare them. And if you mean how secure or volatile bitcoin has become compared to 2018, the situation has remained unchanged.

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August 21, 2020, 06:24:35 PM
Last edit: August 24, 2020, 07:18:47 PM by HiringYou
 #35

Bitcoin has gone through many ups and downs in the recent years.It was near about $7500 in December 2019.In January 2020 a decent rise was observed in it's price as it crossed $9000 mark.For the next few months it kept on fluctuating.The price was dropped down to $6500 in March but in July a huge hike was observed in it's price as it crossed $11,000 mark and it is still growing consistently.So if we compare the price then it is quite clear that bitcoin is in a better shape than before but we all are familiar with it's potential to grow.So I  hope that it will grow more and will  reach a new all time high value probably in the next year.
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September 06, 2020, 02:30:22 PM
 #36

Bitcoin remains in good shape to retest $10K while a BTC price pullback to as low as $7Ks may provide a good opportunity for buyers.
 
The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, is acting inside a narrowing range, still hovering around $9,000. Meanwhile, we’re also seeing a decrease in volume, alongside an increasingly shaky stock market, which is likely to impact Bitcoin as well.
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September 07, 2020, 07:08:21 AM
 #37

Of course, it's better than 2 years ago because bitcoin is now on its way to the next ATH and 2 years ago, Bitcoin was on its way from 20k to 3k. Take a look at the chart and you will immediately see the results. There are now more people who want to own bitcoins than ever, look at the number of bitcoin wallets on 1 bitcoin.

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September 07, 2020, 07:22:41 AM
 #38

Yes, in the last few months bitcoin was at a stable price, so it's possible that the price of bitcoin will go up again, unlike last year the price of bitcoin has dropped so much, this is the right time for us to buy bitcoin again
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September 07, 2020, 07:33:36 AM
 #39

Yes, in the last few months bitcoin was at a stable price, so it's possible that the price of bitcoin will go up again, unlike last year the price of bitcoin has dropped so much, this is the right time for us to buy bitcoin again


The bitcoin shows a good marker movement at the middle of the year which is a good sign too because it's already reaching out the market price of 12k price but still, the market is volatile we cannot assure that it will become more stable on that price right now the price of the bitcoin falls down into 10k rapidly in just a few weeks there is a lot of chance it will drop again or it will pump no one knows.

Many rumors are taking with and some of them talking about when the bitcoin goes up into 15k and next is the 20k but still it depends on the investors if they will keep it.

Bitcoin remains in good shape to retest $10K while a BTC price pullback to as low as $7Ks may provide a good opportunity for buyers.
 
The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, is acting inside a narrowing range, still hovering around $9,000. Meanwhile, we’re also seeing a decrease in volume, alongside an increasingly shaky stock market, which is likely to impact Bitcoin as well.


If the bitcoin falls down again into 9k mark for sure it will drops immediately into 7k and takes time for another wait to pump up again.

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September 07, 2020, 09:41:03 AM
 #40

what you asked about 2 years ago is the same as the date you asked, or what during those 2 years. Of course there will be different perceptions even though it can be seen that if it is a matter of price it is clearly better and more convincing. and the possibility of going up is always going to happen even though it continues to break the $ 12K several times but falls again. for me it is a natural thing because the tempo is still far away and the possibility to move up again will occur. the momentum for that is yet to be seen for bitcoin

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