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Author Topic: Growth of bitcoin  (Read 207 times)
Wesleyeric (OP)
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November 25, 2020, 06:14:24 PM
 #1

With the help of individuals creativity and opinions about bitcoin, Will increase the bitcoin market, And when every one increase the positive activity in there various part of bitcoin world, It will enhance the growth of bitcoin, Bitcoin is under our care, We are to decide what we want in bitcoin,To move higher or lower, we are to decide.And we should remember that the future of bitcoin is in the hands of new Beginners.
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November 26, 2020, 06:08:33 AM
 #2

With the help of individuals creativity and opinions about bitcoin, Will increase the bitcoin market, And when every one increase the positive activity in there various part of bitcoin world, It will enhance the growth of bitcoin, Bitcoin is under our care, We are to decide what we want in bitcoin,To move higher or lower, we are to decide.And we should remember that the future of bitcoin is in the hands of new Beginners.
After the last, third in a row, Bitcoin halving in May of this year, by next May we expect to see a very significant increase in the price of Bitcoin and all potential cryptocurrencies.  After the recent rise in the price of bitcoin above $ 19,000, many already hoped to see Bitcoin reach its previous price record and even exceed the price of $ 20,000 this year.  However, reality is making its own adjustments and now we see a drop in the price of bitcoin to $ 17,872.  While bitcoin is going to correct its price and, perhaps, its fall can find support at the level of $ 14,000.  In any case, now is a very good time for the market to grow over the next six months, so further growth is inevitable.

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November 26, 2020, 07:32:53 AM
 #3

With the help of individuals creativity and opinions about bitcoin, Will increase the bitcoin market, And when every one increase the positive activity in there various part of bitcoin world, It will enhance the growth of bitcoin, Bitcoin is under our care, We are to decide what we want in bitcoin,To move higher or lower, we are to decide.And we should remember that the future of bitcoin is in the hands of new Beginners.
Bitcoin had gone far more than expected as its showing increase not in price but in her adoption. Uncountable companies had purchase bitcoin as a treasury and that's a good sign of improvement and growth in the space. However, newbies are the significant sets of people that keeps it growing bringing in more volume, creates something new with their ideas and that's how the system works as a decentralized one where nobody owns it, basically referred to as "Be your own bank".
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November 26, 2020, 08:14:51 AM
 #4

By registering new members, bitcoin is expected to show positive growth because the more people register, the more activities as well as merit will help to show growth.
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November 26, 2020, 08:40:20 AM
 #5

So that newbies do not get upset and do not leave the market, you need to let them earn money on Bitcoin. After all, then they will invite their friends and acquaintances to the market, as well as with the money they earn, they will buy even more cryptocurrency, thereby pumping it up with money.
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November 26, 2020, 09:36:47 AM
 #6

The trend that whale purchases are also driving retail investors is certainly cause for optimism, as it shows that Bitcoin is still in the nascent stage of its bull run . The big capital of new retail and mainstream investors have not yet entered the cryptocurrency market.

Another data from Glassnode seems to  confirm the veracity of these observations : the number of Bitcoin addresses with more than 100 BTC, in fact, reached the highest level of the last seven months at 16,271. Shocked
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November 26, 2020, 09:43:37 AM
 #7

With the help of individuals creativity and opinions about bitcoin, Will increase the bitcoin market, And when every one increase the positive activity in there various part of bitcoin world, It will enhance the growth of bitcoin, Bitcoin is under our care, We are to decide what we want in bitcoin,To move higher or lower, we are to decide.And we should remember that the future of bitcoin is in the hands of new Beginners.
Of course it is in our hands because it has no authority, however, if you are just a average joe, you can't put or influence the price, whales do. And on the contrary, if we can increase the bitcoin market, we can also decrease it, just like what we are seeing right now.

That's why are investors or traders, we need to understand how the market works and take advantage of it. And as beginners, if is better to learn and educate yourself, don't be that irrational buyer.

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November 26, 2020, 11:02:49 AM
 #8

In my opinion retail investors are scared off by high price and volatility now. Bitcoin is becoming mostly rich men's asset and Glassnode data confirms that.


The trend that whale purchases are also driving retail investors is certainly cause for optimism, as it shows that Bitcoin is still in the nascent stage of its bull run . The big capital of new retail and mainstream investors have not yet entered the cryptocurrency market.

Another data from Glassnode seems to  confirm the veracity of these observations : the number of Bitcoin addresses with more than 100 BTC, in fact, reached the highest level of the last seven months at 16,271. Shocked
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November 26, 2020, 09:44:52 PM
 #9

Well, perhaps newbies or new investors signifies the growth of bitcoin for more people are starting to trust bitcoin, and -- OP is right that the future of bitcoins lies in the hand of the newbies for they could lead bitcoin into the path which may differ from where it is now. Though whales still have always huge impact on the price volatility that may end there for these new investors can be the indicator of global adoption if they will stay and learn the real idea of bitcoin or other cryptocurrencies including its benefits and be not afraid of possible downturn along the way while they are exploring the crypto space.









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November 26, 2020, 09:50:11 PM
 #10

There is a fact that as long as the demand for Bitcoin increases highly, we see its reflection on the price too. There is a very high demand lately and Bitcoin price has gone up a very nice level. So, the doings of people can affect the price too.

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November 27, 2020, 05:58:52 PM
 #11

BTC rise Sparks many debate amid pandemic the demand is increasing day by day and we are experiencing it's effect in price itself, it has gone way far away than expected and BTC already gave a shock in 2017 itself.

When it comes to growth you can have a look on daily articles like top corporate companies across the world ate all set to enter BTC that's the rhythm of this coin.










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November 27, 2020, 06:11:44 PM
 #12


Investors are going to put their money where it will be safer than elsewhere. Right now, there is nowhere else but Bitcoin.

As long as it lives that demands increase and supply decreases every 4 years, BTC will keep rising. They were even saying that the real supply of BTC isn't 21M because there are just lost BTC like Satoshi's wallet that has been forgotten and the ones that private keys are also completely forgotten.


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November 27, 2020, 06:41:20 PM
 #13

BTC rise Sparks many debate amid pandemic the demand is increasing day by day and we are experiencing it's effect in price itself, it has gone way far away than expected and BTC already gave a shock in 2017 itself.

When it comes to growth you can have a look on daily articles like top corporate companies across the world ate all set to enter BTC that's the rhythm of this coin.
I guess newbies as well as people planning to invest in bitcoin is already significant in the growth of global adoption and will really boost the price of bitcoin as per the law of supply in demand that correlates mass adoption to the demand in bitcoin and higher demand without increase in supply then price will become skyrocket.

Though global adoption can bring big impact volatility on the price remains because any movements of all bitcoin holders on their asset will still affect the value like right now when we are expecting for the ATH then the value suddenly rolls down to <$18k this is due to the actions made by the crypto holders like FOMO or possibly whales are trying to manipulate the price again.

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November 28, 2020, 04:35:13 AM
 #14

I agree with you because it’s crystal clear to all since the creation of bitcoin as a decentralized currency it’s global success even in the face of the prevailing centralized Authority is mind blowing. Today many companies have purchased huge sums of bitcoin as their treasure store and even many centralized Authority are also craving for more bitcoin. Bitcoin will continue to wax stronger because I see bitcoin as the future digital gold and it’s value cannot be over emphasized.

Bitcoin is decentralized and these make everyone his/her own bank, so We bitcoin enthusiasts can share positive ideas and contributions about how to strategically improve bitcoin activities and vulnerability in these bitcoin community. The future of bitcoin is in the hand of bitcoin beginners and enthusiasts so we should strive to bring up positive contributions and discussion to the community in other to educate others.

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November 28, 2020, 04:42:59 AM
 #15

Well, perhaps newbies or new investors signifies the growth of bitcoin for more people are starting to trust bitcoin, and -- OP is right that the future of bitcoins lies in the hand of the newbies for they could lead bitcoin into the path which may differ from where it is now. Though whales still have always huge impact on the price volatility that may end there for these new investors can be the indicator of global adoption if they will stay and learn the real idea of bitcoin or other cryptocurrencies including its benefits and be not afraid of possible downturn along the way while they are exploring the crypto space.
As it was intended to be in the first place. If investors and people do not heed interest in this in the first place then there is no all time high that we have been waiting for. Whales are still there but I think that the power they hold is a psedo kind because if they drive the prices low then other people can buy for less and earn more.

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nemey
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November 28, 2020, 04:46:58 AM
 #16

Indeed, this new beginner community will get new experiences in Bitcoin. Then those who know and will spread the word about Bitcoin. How was the experience they experienced after joining this Bitcoin. And of course this will affect the future of Bitcoin in the future.

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November 28, 2020, 06:54:43 AM
 #17

Indeed, this new beginner community will get new experiences in Bitcoin. Then those who know and will spread the word about Bitcoin. How was the experience they experienced after joining this Bitcoin. And of course this will affect the future of Bitcoin in the future.
It's not in the hands of the beginners. Most of the beginners are only for a quick-buck run in this market and they don't understand that there's more on it that it stores for those who are going long term.

But the enthusiasm from us, who have experienced it all or had a bit of experience from this ups and downs of bitcoin. It will help to uplift their spirits and change their ways if they'll hear those beautiful things that we've met across our journey through the years that we're with bitcoin.

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November 28, 2020, 07:10:09 AM
 #18

Bitcoin will show its growth in this new stage. Now that more people will have the opportunity to buy it and give it use cases. When people who do not know crypto and experience the difference from traditional banking should give them a positive experience.
So I think that Bitcoin will have a boost in new technological solutions for users.

gurjasmeetsingh
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November 28, 2020, 07:54:18 AM
 #19

I think the crypto currency is in a good condition in the market. Because the price of btc is already growing up in the market for the last few time. Lot of  people are again have good trust in the btc price give the good earnings in future.
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November 28, 2020, 10:18:14 AM
 #20

I see that the influence of mutual funds, institutions, and companies has a greater impact on price movement and increased adoption than ordinary investors.
New players, beginners, and ordinary people are the contributors to the price movement --> make companies, countries, and institutions adopt policies encouraging investment in cryptocurrencies, but unless the price remains volatile and makes profits, many new users will not invest in it.

Unfortunately, cryptocurrencies (Mainly bitcoin) have been transformed as a means of investment rather than a decentralized activity or done to get rid of government restrictions.

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