More records for bitcoin as we welcome 2021.

[Twentyonepaylots]

Bitcoin showing people what it's capable of is the highlight of cryptocurrency 2021, what was once thought a pump and dump scheme is now burning everyone's expectations and pockets because of transaction fees lmao. Realy though I hope they do sometjing about it because there is no way someone's gonna fork over 300 dollars just to withdraw $2500 earning. That's too much.

[Altcoinsintel]

This figure you posted is incorrect bitcoin has gone above that figure in the past one week as at the time of replying this post the price of bitcoin is already above $40,000 so please edit and correct your mistake.

Bitcoin has shown some high level of recognition both to individual and institutions in towards the end of 2020 and up till now the records keep soaring high day by day.

Can someone give a reasonable explanation on why this post was meritted? I am in bitcointalk for a while but I still don't understand exactly how merit works.
Is it given to posts that correct others? Is it because you liked this post because of the content it provided?

Appreciate it if those who meritted explain how it works and why this post deserved 8 merit by four different accounts.

Also why this post was meritted and the rest bellow and above weren't. I mean it has to be something exceptional I overlook?

[galestorm]

Bitcoin has certainly reached new heights this 2021, having a record high of 50,000 dollars. I guess it had something to do with Elon Musk and his support on bitcoin. He has also influenced other people to invest on this cryptocurrency, thus increasing the coin's demand. There is also a speculation that bitcoin could top out at $150K to $300K in 2022. The current bitcoin (BTC) bull market could accelerate around September and then slow down by June 2022 before entering a bear market. That’s according to Jiang Zhuoer, CEO of BTC.Top, one of the largest cryptocurrency mining platforms based in China. Of course this is just a forecast, and is subjected to change.

[Caross]

Bitcoin has certainly reached new heights this 2021, having a record high of 50,000 dollars. I guess it had something to do with Elon Musk and his support on bitcoin. He has also influenced other people to invest on this cryptocurrency, thus increasing the coin's demand. There is also a speculation that bitcoin could top out at $150K to $300K in 2022. The current bitcoin (BTC) bull market could accelerate around September and then slow down by June 2022 before entering a bear market. That’s according to Jiang Zhuoer, CEO of BTC.Top, one of the largest cryptocurrency mining platforms based in China. Of course this is just a forecast, and is subjected to change.

You should correct the figure of bitcoin 2021 ATH you stated

Code:

$50,000

you are not correct as bitcoin has done $61800 market price sometimes in late February.  2021,  the year came with a lot of price increase and adoption for bitcoin and that has been as a result of bitcoin scalability. I believe this is just the beginning of bitcoin breaking new limits we are going to see more price surge as time goes on.