Fundamentals Of
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December 07, 2020, 03:34:20 AM |
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If you are referring to the pace of producing at least $1,000 daily or $5,000 in a month, that is impossible. Bitcoin cannot sustain a growth like that. There have to be corrections and sideward movements. Otherwise, people will keep on buying and buying without selling. That is not possible at all.
But the market cannot also see a big drop because the demand is there. I think the demand is so high right now and in the next months that it can absorb most of the impact of a huge selling from traders and investors. Also, there was huge buying at more than $15,000. You cannot expect them to sell anytime soon.
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smyslov
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December 07, 2020, 10:22:31 AM |
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Bitcoin will either have more surprises for us wherein might reach unexpected figure which we might have only seen in predictive posts which we consider impossible ad of now, or else Bitcoin will go through one kore bearish market without further growth as only market situation will decide that.
I have come to s conclusion that the market cannot go on at current pace as Bitcoin and crypto are volatile here would be much more to witness once Bitcoin breaks $20k or else drop down below the resistance figure of $16k.
What's your opinions?
Bitcoin price never run out of surprises the price will always move up and down, this is because of the volatility of the market, people are buying and selling not everybody are holding because investors likes to make profit and they are buying and selling not at the same time, but on different time frame.
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ethereumhunter
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December 07, 2020, 11:14:33 AM |
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I believe bitcoin has a bright future. We should be patient until that time. Meanwhile, we can still try to earn more bitcoin at this moment. If we can search in many ways, I am sure that we will get more bitcoin. The price now seems to need more time to increase, and I think bitcoin is still trying to get more support to lift the price. Maybe the next week or next month will be a good time to increase and break $20k.
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Erdogan
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December 07, 2020, 12:05:44 PM |
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I believe bitcoin has a bright future. We should be patient until that time. Meanwhile, we can still try to earn more bitcoin at this moment. If we can search in many ways, I am sure that we will get more bitcoin. The price now seems to need more time to increase, and I think bitcoin is still trying to get more support to lift the price. Maybe the next week or next month will be a good time to increase and break $20k.
Exceeding the $20k level is only a matter of time and may not be in a week or a month, but even today. The future certainly looks very good for Bitcoin, so I wonder when the $100k level will be exceeded. I hope it will happen in 2021.
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bounceback
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December 07, 2020, 04:54:42 PM |
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When bitcoin success reach above $20k in this year maybe many investor coming to make cryptocurrency become wonderful investment way because many people still holding with any investment kind just giving little percent profit every year, we know how many people like for saving money in the bank but only get above 5% and have locked their money more than two or three year, with bitcoin not have locked any more when price up we can sell it and earn above 100% profit every year.
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ethereumhunter
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December 08, 2020, 11:27:52 AM |
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I believe bitcoin has a bright future. We should be patient until that time. Meanwhile, we can still try to earn more bitcoin at this moment. If we can search in many ways, I am sure that we will get more bitcoin. The price now seems to need more time to increase, and I think bitcoin is still trying to get more support to lift the price. Maybe the next week or next month will be a good time to increase and break $20k.
Exceeding the $20k level is only a matter of time and may not be in a week or a month, but even today. The future certainly looks very good for Bitcoin, so I wonder when the $100k level will be exceeded. I hope it will happen in 2021. Yes, it will happen in the future, or I can say that it soon be there. I don't expect to see $100k in the near because it will need more adoption in many countries. But it could happen in the Q2 or Q3 in 2021. When the bitcoin price starts to rally, people will see bitcoin's power, and they will realize that it could be too late if they don't start to invest in bitcoin.
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davis196
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December 08, 2020, 12:12:39 PM |
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Bitcoin will either have more surprises for us wherein might reach unexpected figure which we might have only seen in predictive posts which we consider impossible ad of now, or else Bitcoin will go through one kore bearish market without further growth as only market situation will decide that.
I have come to s conclusion that the market cannot go on at current pace as Bitcoin and crypto are volatile here would be much more to witness once Bitcoin breaks $20k or else drop down below the resistance figure of $16k.
What's your opinions?
Your post title is a bit misleading.I though that you are going to write about the future of Bitcoin,not about the price. The future of Bitcoin/blockchain actually has little to do with the future Bitcoin prices. I'm not a member of the optimistic team,so I think that we will face a bearish market in the first Quarter of 2021. With the creation of a vaccine,everybody is so hyped up about the coming end of the corona pandemic and the recession.We have to be aware that the end of the recession might lead to more investors actually leaving the crypto markets instead of joining.
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globalpain
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The OGz Club
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December 08, 2020, 11:45:55 PM |
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no doubt, Bitcoin in the future will be very popular, mass adoption has also occurred, this is a good start for bitcoin in the future, because technology will develop more, and people will switch from banknotes to digital money, and Cryptocurrencies will take over this section
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FanEagle
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December 09, 2020, 01:13:10 PM |
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Hopefully it looks bright. We are not doing that well in the fiat world and the worse fiat world does, the better bitcoin will do, which is why I think it is quite important that we end up with a much better result in crypto world.
Right now, we are not going to see the far away future that easily, people will not really see that far ahead when they all care about their current profits and people made ton of profit as well and it looks like it may not be doing as well for the past 2 weeks or so which resulted with people losing hope a bit too, but the reality is that all of this are calculated within few months, I am talking about years into the future.
As long as we have bad politicians and greedy companies we are going to see fiat go down and crypto will go up in return.
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Erdogan
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December 10, 2020, 08:54:22 PM |
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I believe bitcoin has a bright future. We should be patient until that time. Meanwhile, we can still try to earn more bitcoin at this moment. If we can search in many ways, I am sure that we will get more bitcoin. The price now seems to need more time to increase, and I think bitcoin is still trying to get more support to lift the price. Maybe the next week or next month will be a good time to increase and break $20k.
Exceeding the $20k level is only a matter of time and may not be in a week or a month, but even today. The future certainly looks very good for Bitcoin, so I wonder when the $100k level will be exceeded. I hope it will happen in 2021. $ 100k is too high to reach, I am still waiting for the price of Bitcoin to reach $ 20k first, the future is still long, there are still some important changes, especially if the country has legalized Bitcoin then bitcoin will be more popular than it is now. $100k is to high?!? Do you know what they said about the price of $1k for one Bitcoin when it was $1? Or at $10k price per Bitcoin when it was $100? That it's too much - just like you are saying now. Open your eyes and you will see that even a $1M per Bitcoin is possible! ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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Boov
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December 10, 2020, 11:41:39 PM |
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no doubt, Bitcoin in the future will be very popular, mass adoption has also occurred, this is a good start for bitcoin in the future, because technology will develop more, and people will switch from banknotes to digital money, and Cryptocurrencies will take over this section
The future will always be a big surprise as technology got to be more advanced every year. There's another great developments will happen, and most recent upgrades could take us to more comfortable lives just like cryptocurrency payment being merged on our daily spending. When more people happen to know bitcoin as well as other coins, economic growth will arise together with physical money.
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lunnatic
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COMBONetwork
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December 15, 2020, 08:34:07 PM |
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the future of Bitcoin is determined by everyone in the world, if Bitcoin is still used by the world community, then Bitcoin will always have demand and value, of course this is not easy, because some countries are against Bitcoin.
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Cherylstar86
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December 15, 2020, 11:32:34 PM |
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Bitcoin will either have more surprises for us wherein might reach unexpected figure which we might have only seen in predictive posts which we consider impossible ad of now, or else Bitcoin will go through one kore bearish market without further growth as only market situation will decide that.
I have come to s conclusion that the market cannot go on at current pace as Bitcoin and crypto are volatile here would be much more to witness once Bitcoin breaks $20k or else drop down below the resistance figure of $16k.
What's your opinions?
Going down after resistance is still far to see, since bitcoin progress was just correcting it's price and tried to break possible crash. We will notice with some alts but not with bitcoin, because as far as I've seen there's only minimal fluctuations of the value after the start of recovery. Final conclusions was still not sure, just keep monitoring the market cap.
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ningrum
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The OGz Club
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December 16, 2020, 04:06:13 PM |
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the future of bitcoin is clear now, especially now that Bitcoin has reached the new ath, a lot of good news has come for Bitcoin, obviously this is something that is beneficial for holders, congratulations.
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