bitcoin over 30k

[adzino]

I was a pessimist that bitcoin will go over 20k ,now it's over 30k

From my perspective btc is worthless same as cash ...it has no value for me

Pessimist? You mean you were afraid that it will go above 20k? But then you say bitcoin is worthless and has no value for you, then why do you worry and care so much about the price?

I get it ,it's volatile a speculator and market manipulator dream come true ...for them it has value

I have never seen someone say something dumb like this.

Question is how will be responsible for the suicides & murders...when they start happening ?

Why would anyone be responsible? No one forced them to invest in it. They knew the risks and they invest in it. You take a decision and you face the consequences. This is how it works. You can't just kill yourself for your stupid decision and start blaming people for it.

Poor people gamble their savings now thinking they will get rich quick ...

If they think they will get rich quick by investing in crypto currencies, its their own fault. They should have invested their time in learning about it instead of jumping right into it.

[CryptoLogo]

What are you talking about? Everyone should think with his own head. And then suicides and deaths. If a person does not have enough brains to figure out what cryptocurrency is and how dangerous it is, then there is nothing surprising that he will lose money on it. Ie then his problem and his fault, and not those who created or supports the cryptocurrency.

[peter0425]

It is above 35,000 or better say it Breaks the 36,000 few hours ago  and looks like will Be having another Pump coming as the price stays at 35,000 and no sign of bouncing back .

But what we are not giving a look is EThereum in which now staying at 1,100$ and Litecoin is on the run to $200

What are you talking about? Everyone should think with his own head. And then suicides and deaths. If a person does not have enough brains to figure out what cryptocurrency is and how dangerous it is, then there is nothing surprising that he will lose money on it. Ie then his problem and his fault, and not those who created or supports the cryptocurrency.

Even those who has no Brains in Head that invest on Bitcoin wayback are now a Millionaire so whats the Suicide on that?

[ethereumhunter]

I do not feel pessimistic waiting for the bitcoin price breaks $20k, $30k, or $40k, but I do not have the right time when it will happen. I can only wait, wait, and wait while trying to buy more bitcoin before starting a rally. And all of that is happening just like that, and the price is not stoppable when it starts the rally and breaks $20k, and now we see the price can break over $30k. Sooner or later, the price will break $40k and more than that price, and hopefully, the price will have a chance to break $50k.

[aioc]

If your not rich be careful and read a lot about crypto ,see the good side and bad side of it before you invest in it .

You are very careless if you are investing without doing research on what you are investing, you should do research on everything especially the not your key not your coin thing, because you are going to be responsible on all your investment on how you are going to protect it and how you are going to keep, you should also learn how to feel the market and do the right timing on when and how to sell, you cannot be careless because you can end up losing everything.

[passwordnow]

Every investor is responsible for their own actions. Bitcoin is not responsible for any loss that an investor will make. And just like the disclaimer of other investments, that is why you'll see plenty of reminders to only invest what a person can afford to lose.
It is sad when there are people that commits the unexpected and bad thing of taking their lives. Just like the guy who saw his balance on Robinhood in negative just last year.

Exactly, not just bitcoin but even stocks or forex or every market that involves our money, it's our own responsibility and we shouldn't blame other for our loose. And for those who committed suicide, I feel sorry for them, like the kid on that Robinhood case.

That's why before we enter crypto trading, we should understand that anytime we might lose our money as quick as we gain them, so education is the key here.

It is our portfolio, it is our money and we're the one decide whether we will sell or hold or buy. That's a very simple action to call in investing in bitcoin. Understanding that it's truly volatile should be done by anyone who wants to enter. Not only because they see it pumping and keeps on being bullish, they should have done their research first before investing. But this time, many have learned on 2017-2018 bull run and I think most newbies who are entering learns to make their research before putting up their own assumptions.

[hahay]

It is a safe haven so no wonder when the price continues higher, even an influential person said about bitcoin will be able to replace gold even though I personally assume it is not possible. It was the same when I first got to know bitcoin where I thought bitcoin could never get a high price, but what is happening now even things like this have been predicted many times before and it is becoming a reality now.

[Freeesta]

Obviously, no one expected such a growth in BTC. The saddest thing is that sooner or later it will fall anyway, this is the law of the market. I have always felt sorry for people who invested their last money in cryptocurrency in the hope of getting rich, these actions most often ended in failure. BTC should not be viewed as a means of earning, it is rather a lottery.

[sana54210]

What are you talking about? Everyone should think with his own head. And then suicides and deaths. If a person does not have enough brains to figure out what cryptocurrency is and how dangerous it is, then there is nothing surprising that he will lose money on it. Ie then his problem and his fault, and not those who created or supports the cryptocurrency.

I doubt that there are many people who die because of their bitcoin investment, that doesn't really sound like a big demographic, and compared to wall street deaths where people lose a ton of money, I doubt that would be a big deal here in crypto.

First of all as long as you get in with the amount of money you can afford to lose, you are not going to have any problem, because since it is money you can afford to lose, the worst thing that could happen would be losing that money and that's it, secondly if you end up even losing for a while, in crypto world there is no forever, it will not profit forever, it will not lose forever, so if you end up going down after a while, just wait it out and you are going to reach back to profits once again. Let me put it this way, people who invested at 2017 peak and waited until today, made over 60% profit today, that's right, for each 20k you put in, you got back 35k, and that is actually quite a good return and that is after 3 years of worse market.

[The Sceptical Chymist]

I value the technology, lesser so the currency. I've been watching the price and see people making predictions of it going a lot higher but I doubt I trust the current pricing or where the rise is coming from...

The price rise is coming from some intense buying--it's as simple as that, but as to who those buyers are is anyone's guess.  I've been saying that those large companies like MicroStrategy and Grayscale have driven up demand and thus the price of bitcoin, and this in turn has brought a lot of new speculators into the market.

I'm fine with bitcoin being at $34k (though I never in my wildest dreams expected it to reach that level so soon), but the thing that worries me is that the market might be repeating the run-up to December 2017 all over again.  For everyone's sake, including those companies that bought large amounts of bitcoin, I am hoping that's not going to be the case.

And man, if you'd asked me in April 2020 when bitcoin would hit $10k again, I would have predicted no earlier than mid-2021.  Yep, I suck at predictions and bitcoin has a crazy mind of its own.

[Twinkledoe]

I value the technology, lesser so the currency. I've been watching the price and see people making predictions of it going a lot higher but I doubt I trust the current pricing or where the rise is coming from...

The price rise is coming from some intense buying--it's as simple as that, but as to who those buyers are is anyone's guess.  I've been saying that those large companies like MicroStrategy and Grayscale have driven up demand and thus the price of bitcoin, and this in turn has brought a lot of new speculators into the market.

I'm fine with bitcoin being at $34k (though I never in my wildest dreams expected it to reach that level so soon), but the thing that worries me is that the market might be repeating the run-up to December 2017 all over again.  For everyone's sake, including those companies that bought large amounts of bitcoin, I am hoping that's not going to be the case.

And man, if you'd asked me in April 2020 when bitcoin would hit $10k again, I would have predicted no earlier than mid-2021.  Yep, I suck at predictions and bitcoin has a crazy mind of its own.

Definitely, some companies are buying in large quantities because reaching at 36k, somebody is hoarding bitcoin here. It maybe several companies but it is understandable if they will not disclose their buying spree to the public. With this rise, of course, if you are a holder, you do need to keep up with the market especially if you are waiting this moment to sell some of your portfolio. We already reached another milestone for bitcoin, which, a lot of people don't even expect this to happen fast.

[Shasha80]

With the current Bitcoin price which is already at $ 36,300 does not mean it is safe for investment, don't invest in Bitcoin because you want
instant profit and get rich quickly. If you are among those who think so, you should not invest in Bitcoin, because in the end you will experience
losses.

The easiest example is the occurrence of Bitcoin reaching an all time high in 2017, many investors buy at peak prices and end up losing money
after shockingly dumping Bitcoin. So investing in only something we understand, if you want to invest in Bitcoin first learn all things related to
Bitcoin. Don't be in a rush to make a profit without understanding Bitcoin.

[spy100]

Un f...king believable , i am romanian ...i couldn't even possible imagined the things are happening today in the USA ,protect your democracy USA ... your a country that i learned a  lot of good things from ...

https://www.youtube.com/watch?v=AVKy_xzSiXI


Damn ! just unbelievable ... forget btc s..hit it is going to get real this year ... 

[exstasie]

The price rise is coming from some intense buying--it's as simple as that, but as to who those buyers are is anyone's guess.

Institutions, from the look of it. Retail investors don't usually have billions of dollars to drop on OTC deals: Bitcoin Worth $1B Leaves Coinbase as Institutions ‘FOMO’ Buy

That's why the price is rising so fast, because of the sheer size of these buys.

We'll find out in a month or three which companies were buying, if not through public announcements then probably through SEC filings.

I'm fine with bitcoin being at $34k (though I never in my wildest dreams expected it to reach that level so soon), but the thing that worries me is that the market might be repeating the run-up to December 2017 all over again.  For everyone's sake, including those companies that bought large amounts of bitcoin, I am hoping that's not going to be the case.

What's wrong with another 2017 run? The companies buying now still have plenty of upside. Most likely, the bottom of the next bear market will be higher than here.

[samputin]

I was a pessimist that bitcoin will go over 20k ,now it's over 30k

From my perspective btc is worthless same as cash ...it has no value for me

I guess you changed your mind now, because btc is not unreliable as it seems. It can really be your friend in times of need. Look at me, I already spend few of my savings to sustain my daily living and yet my remaining balance continue to grow. But actually, I'm not expecting a fast pump as well. Welp I think we should stop doubting bitcoin from now on .

Question is how will be responsible for the suicides & murders...when they start happening ?

Poor people gamble their savings now thinking they will get rich quick ...

Exactly! That's the problem. Some people got a mindset of becoming rich overnight that's why they end up losing in the end. The key is to avoid too much expectations in this volatile market. Get rid of overvonfidence and always mind that every money you put in line can give you fortune as well as misery. Every investor should be aware of the reality and not living on their fantasies. Stop daydreaming that bitcoin will make you rich quick, able you to buy a Lambo etc. etc. Just be logical all the time to avoid making wrong decisions.

[ethereumhunter]

Bitcoin had really a blast at the end of 2020 and up to the present, bitcoin is still gaining high momentum to keep on going upward. It's not surprising anymore if in the next days, our new ATH is already $50k. But behind these good times for bitcoin, we should not forget to keep investing on the amount we can afford to lose. We don't hold the future of bitcoin so we should still be careful and cautious.

I think the pandemic is one reason why digital money became booming in the last year. Hence, people tried to use the digital money, whether it is a cryptocurrency or digital currency from our countries. It triggers the using of bitcoin was increased as many people stayed at their home, which means they have much time to browse the news. People see the advertising about bitcoin, and they decide to search for more info, and finally, they interested in bitcoin, and decide to invest in bitcoin.

So from that, it could trigger bitcoin price to increase more than that, and it could invite many more people to come to crypto because of them see the benefits of bitcoin to them. If that happens, bitcoin will break $40k this year, and it could be up to $50k.

[Jating]

$40k++ new all time high. All investments have risk, not just bitcoin. I had a debate with some of my friends, not trying to convince them, but they want an assurance how much profits they are going to earn. Lol, very wrong mindset as we really don't know what the future brings.

If you will treat Bitcoin that way then I suggest that you must stay away of this investment too. Anyway, everyone is entitled to their own opinion but all of these that you have said against Bitcoin is can be happen also in other investments which is common for an investment as long as money were involved.

Your investment won't grow if you treat it negatively. You need to trust on bitcoin because it won't be here for above 10 years if its not a profitable one. I suggest you should change your mindset towards bitcoin. Bitcoin is already $30k above and with its growing institutional investors, its massive adoption is close to its reality. So think twice, either you believe and invest on bitcoin, or simply don't start investing anyway.

Not just believed or trust, but we have seen it grow in the last ten years with huge returns for investors and still growing up to this point. And there are a lot of investors right now, institution and companies that you have to think that those people are not stupid to throw huge money in the market.

[AndySt]

So from that, it could trigger bitcoin price to increase more than that, and it could invite many more people to come to crypto because of them see the benefits of bitcoin to them. If that happens, bitcoin will break $40k this year, and it could be up to $50k.

Another important reason is the events that have taken place in recent days in the United States and this growth can reach 50 thousand dollars, another question is that when the president-elect enters normally to fulfill his duties, then we can expect a good correction and it is completely unclear from what positions the exchange rate price will gain back its heights, and this can make a big difference.

[raidarksword]

Bitcoin just reached $40k yesterday which is the new all time high that we are longing for a long time hence we are now enjoying the bull run seasons since last 2017 we had. It's also expected to have a price correction and hoping for a new all time high price is pretty inevitable  during these days.

[ethereumhunter]

So from that, it could trigger bitcoin price to increase more than that, and it could invite many more people to come to crypto because of them see the benefits of bitcoin to them. If that happens, bitcoin will break $40k this year, and it could be up to $50k.

Another important reason is the events that have taken place in recent days in the United States and this growth can reach 50 thousand dollars, another question is that when the president-elect enters normally to fulfill his duties, then we can expect a good correction and it is completely unclear from what positions the exchange rate price will gain back its heights, and this can make a big difference.

Finally, bitcoin can break $40k even reach $41k, and still rising to a higher price. Slowly but sure, the price increase, and no matter if the price is down, the price can gets up and break the next higher price. Maybe after this, we will see another correction, so please be careful to get your profit, and close your trade if you are doubt with the market.