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Author Topic: Is bitcoin truly moving forward?  (Read 1297 times)
AmoreJaz
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January 10, 2022, 09:28:37 AM
 #161

Surely, Bitcoin is moving forward since its beginning. It has good progress in its value and price. If its price goes down due to whale or some other reason. Then it has the capability to restore its position after some time. Jumping and dumping are the grace of this business. After this, it takes some time for correction, and its price rises up. Its value and rates have increased many times since its start in 2009. So there is no doubt that bitcoin is truly moving forward.

just look at the price increase since the inception of btc. i don't think people should still be in doubt about btc. we've come a long way already and the up and down movement is just a normal part of any market.
if you look at the big picture, you will realise that btc market has increased a lot and now, with more adoption from big companies and individuals around the globe, only time will tell that we will soon see a new ATH for btc.

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January 10, 2022, 10:45:17 AM
 #162

Decentralization is never be stable its price goes up and down.
I don't think that there is a direct correlation between the decentralized nature of Bitcoin and its price on the market. The decentralized consensus among thousands and thousands of independent peers is achieved on a level that is completely unrelated to the level where buyers and sellers decide at which price they would like to exchange their coins. It is true that it is through this consensus that the users of the network provide sustainability of the total supply of Bitcoin, but this metric is known to all participants on the market and therefore can't be affecting the volatility of Bitcoin. However, if the vast majority of users suddenly decide they don't like what bitcoin has become, they theoretically can change the total supply, and then that would affect in a direct way both the price of Bitcoin and how it is moving.

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January 10, 2022, 11:39:14 AM
 #163

if you say whether bitcoin is really moving forward, in my personal opinion bitcoin is moving forward, and growing very rapidly, almost all people have learned about bitcoin, there are even schools that have taught bitcoin, indeed the market price goes up and down, but for sure bitcoin really has progressed rapidly.
That was because the adoption has made stronger and seen better results.
I was looking forwards that more and more people will appreciate Bitcoin and seeing the huge benefit of using this new technology, not just for being an investment alone but as for a currency instead. We probably all have positive insights about Bitcoin and that become hopeful to know that more companies, more countries are in the way to give the full support.



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January 10, 2022, 12:39:01 PM
 #164

All market is affected mate.. So stop wondering why when dollar or stocks market is going low bitcoin is doing the same way because that's what it is, probably only traders knows about it, especially those who trade both market.. And yes bitcoin will going forward but not now because as you can see we are in bearish season and it will take time to be honest.. But one thing is for sure after this expect another all time high value. Infact every year bitcoin always break new records so i wouldn't be surprised if bitcoin breaks 2 ath again this year.
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January 10, 2022, 01:16:43 PM
 #165

If we judge whether bitcoin is really moving forward, it is possible, but difficult to predict because it all depends on many factors, especially market and user adoption.
and however it can be seen that the development of bitcoin is currently growing rapidly and its existence is increasingly known and also in demand by everyone and also from various circles, and although what we have seen its development so far continues to advance and become more and more popular, but we will not know in the future.
but I am optimistic that bitcoin will continue to grow and increase in price from year to year if you see the trail of its journey and also the good benefits for those who use it.

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January 10, 2022, 10:20:00 PM
 #166

All market is affected mate.. So stop wondering why when dollar or stocks market is going low bitcoin is doing the same way because that's what it is, probably only traders knows about it, especially those who trade both market.. And yes bitcoin will going forward but not now because as you can see we are in bearish season and it will take time to be honest.. But one thing is for sure after this expect another all time high value. Infact every year bitcoin always break new records so i wouldn't be surprised if bitcoin breaks 2 ath again this year.
This thread got created more than an year ago. By then market price of bitcoin was around $15000. OP was into discussion what if bitcoin falls back to $5000, but the growth that has happened over the days after $15000 is the answer. The market is moving forward and the truth can be understood not with the price, but with the adoption and acceptance of bitcoin compared to the year 2020.

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January 10, 2022, 10:24:16 PM
 #167

Adoption and its popularity are constantly growing, so there is no doubt that the project is constantly going forward.
Doubts related to the drop in price have been repeated from time to time for years. If I remember correctly, Bitcoin has collapsed over 100 times in 10 years.  Wink Grin

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January 10, 2022, 10:58:05 PM
 #168

Adoption and its popularity are constantly growing, so there is no doubt that the project is constantly going forward.
Doubts related to the drop in price have been repeated from time to time for years. If I remember correctly, Bitcoin has collapsed over 100 times in 10 years.  Wink Grin
Why people cant really just believed that price drops and corrections is part of a real market? We couldnt just have a continuous upward movement which it couldnt be called a market in the first place.
If we do look back from 2009-2022 then we have seen on how Bitcoin did able to survive the test of time and the level of adoption and recognition that it has on the past until now
which is really comparable or you could really say that there is really such adoption is taking place even though it isnt really that much fast but at least we are
seeing some progress.

R


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January 10, 2022, 11:18:05 PM
 #169

All market is affected mate.. So stop wondering why when dollar or stocks market is going low bitcoin is doing the same way because that's what it is, probably only traders knows about it, especially those who trade both market.. And yes bitcoin will going forward but not now because as you can see we are in bearish season and it will take time to be honest.. But one thing is for sure after this expect another all time high value. Infact every year bitcoin always break new records so i wouldn't be surprised if bitcoin breaks 2 ath again this year.
This thread got created more than an year ago. By then market price of bitcoin was around $15000. OP was into discussion what if bitcoin falls back to $5000, but the growth that has happened over the days after $15000 is the answer. The market is moving forward and the truth can be understood not with the price, but with the adoption and acceptance of bitcoin compared to the year 2020.
And we can see the huge difference for that short period of time which it was pretty obvious that the crypto market is continuously growing and the price keeps increasing. It may be 1 year from now the price will have an additional 30% increase or even more surpassing $100k.

Ohh, yeah, we don't just refer to the price but also how the people give interaction to the market and somehow to show more adoption have happened. This will show that more people are seeing how Bitcoin could change their lives and even make them better.

R


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January 10, 2022, 11:22:16 PM
 #170

Adoption and its popularity are constantly growing, so there is no doubt that the project is constantly going forward.
Doubts related to the drop in price have been repeated from time to time for years. If I remember correctly, Bitcoin has collapsed over 100 times in 10 years.  Wink Grin
Why people cant really just believed that price drops and corrections is part of a real market? We couldnt just have a continuous upward movement which it couldnt be called a market in the first place.
If we do look back from 2009-2022 then we have seen on how Bitcoin did able to survive the test of time and the level of adoption and recognition that it has on the past until now
which is really comparable or you could really say that there is really such adoption is taking place even though it isnt really that much fast but at least we are
seeing some progress.

This is what I'm talking about. Every financial market has its better and worse moments. It is true that the cryptocurrency market is one of the most volatile markets and therefore the most risky in the short term. However, if we look at the historical charts, it is very clear that whatever happens, Bitcoin is still growing. I'm sure that it won't change over the years, so let's calm down and HODL!  Cool

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January 10, 2022, 11:25:48 PM
 #171

Hmm... Good question. As far as Bitcoin goes, it has the most powerful crypto community behind it. This means a lot of people working 24/7 to improve Bitcoin in all aspects and making sure that Bitcoin is and always will be ahead of all the Altcoins. One day we might lose interest in Bitcoin but I really doubt it. Bitcoin is and always will be the peoples favorite. Because its the original. It gave us freedom.

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January 11, 2022, 01:42:27 AM
 #172

Bitcoin as a digital currency or a digital asset is not controlled by anybody or some groups of people somewhere doing some manipulation, no, the price of Bitcoin is always on the ups and downs. That is why in making investment into Bitcoin and crypto currency at large you should be ready and willing to face the risk. Bitcoin so far from the recent highs of $15,000 has gotten to new highs of $40,000 and $60,000+. People who bought at $15,000 are currently see a whole lot of profit from the market if they held for the long run, and that is also why when the price goes down, you patiently wait for it to bounce up, because it always do. That has been the nature of Bitcoin right from time and it will always be like that buy at lows, sell at highs, hope you remember this rule.
Bitcoin is moving forward and aiming for greater heights for the crypto community and its investors.
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January 11, 2022, 02:33:54 AM
 #173

Hmm... Good question. As far as Bitcoin goes, it has the most powerful crypto community behind it. This means a lot of people working 24/7 to improve Bitcoin in all aspects and making sure that Bitcoin is and always will be ahead of all the Altcoins. One day we might lose interest in Bitcoin but I really doubt it. Bitcoin is and always will be the peoples favorite. Because its the original. It gave us freedom.
That's what I was thinking too, I am pretty sure that bitcoin having the crown as the biggest cryptocurrency in the market, I am pretty sure that there's definitely people that are working hard to be able to improve or maintain bitcoin as it is right now. I don't know about OP but I think that each day that we are using bitcoin is a move forward for it in my opinion.
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January 11, 2022, 02:42:40 AM
 #174

Just look the past price of Bitcoin from 2010 to 2021 and there is already an answer, I believe that Bitcoin is truly moving forward based on the price, and I also think that nobody believe that it will soon back to 1$ value, crypto currency is maybe the future it may not replace fiat but it will also become useful on so many aspect.
Now bitcoin is having a pretty deep crash, almost 25%. Just like 2021, which had reached 35% but at the end of the year it recovered. I think it's the right time to buy it.
I agree with you, bitcoin moves forward based on price, so don't be afraid to own it.
From the ATH ? actually bitcoin crashed more than 40% as the highest price hyped up to almost 69,000$ and that is a huge amount comparing to what bitcoin valued now.
but i don't see this as negative effect instead i am looking for this as a advantage to purchase more(at least if we have funds available lol) and yes I have mine but small amount to be added in my holding.
Just look the past price of Bitcoin from 2010 to 2021 and there is already an answer, I believe that Bitcoin is truly moving forward based on the price, and I also think that nobody believe that it will soon back to 1$ value, crypto currency is maybe the future it may not replace fiat but it will also become useful on so many aspect.
Year after year bitcoin is recording new prices , there might be lowering sometimes but will make a big jump in the following .

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January 11, 2022, 07:09:00 AM
 #175

In 2021 it goes to high price but in 2022 still we have no guarantee, it will raise or not.
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January 14, 2022, 03:50:55 PM
 #176

Adoption and its popularity are constantly growing, so there is no doubt that the project is constantly going forward.
Doubts related to the drop in price have been repeated from time to time for years. If I remember correctly, Bitcoin has collapsed over 100 times in 10 years.  Wink Grin

Bitcoin is still moving forward even if prices go down the drain within a short amount of time. We've seen a country like El Salvador adopting Bitcoin as legal tender, while prominent figures like Elon Musk and Mark Cuban have invested heavily into it. Not only that, but development is happening behind the scenes. A few months ago, Taproot was activated on the Bitcoin blockchain. This will pave the way to further scalability, enabling lower fees and lower wait times.

Just because prices are falling, doesn't mean that Bitcoin's progress has stalled. You have to consider mainstream adoption, and the project's development progress to be able to tell whenever Bitcoin is succeeding or failing altogether. What matters is not the price per coin, but rather its usefulness. As long as Bitcoin is useful, nothing else matters. Just my opinion Smiley

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clint25n
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January 15, 2022, 11:31:05 AM
 #177

I am very sure that if there is no prohibition on the world of bitcoin from various countries and also the rejection or opposition that is so hard by many people but it does not make bitcoin waver because I am very sure that bitcoin will be very advanced even though it gets some rejection if it is later adopted by bitcoin. by various companies and other parties I really believe that one day bitcoin can be better than money in the bank
amihada
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January 15, 2022, 01:23:27 PM
 #178

In 2021 it goes to high price but in 2022 still we have no guarantee, it will raise or not.

bitcoin is very difficult to guess at the beginning of 2022 there has been no bitcoin price movement but currently investing in digital money is increasingly popular with the public, maybe this is a sign that the price of bitcoin is likely to rise again.

Mafdet
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January 15, 2022, 07:37:55 PM
 #179

Yes, I think bitcoin will hit  at least 90k this year.
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