Xinarae*
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 01, 2021, 04:45:02 AM |
|
Bitcoin is the most powerful currency among other cryptocurrencies prices started to go down after bitcoin reached its high point but now prices are rising again because the market is not stable the price of bitcoin is constantly changing. Seeing the high price of bitcoin and the bull run coming back in the market new companies are joining crypto and with the change of financial situation everyone is investing in bitcoin.
|
|
|
|
gabbie2010
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 01, 2021, 08:05:46 AM |
|
There hasn't been any static changes in the price of Bitcoin in the last few days. Price has not being much above $40,000. The price ranges from $37,000 to $40,500 in ẹ recent time. The Bitcoin world may just be waiting for a breakthrough into $42,000 for it to boom again and give us a spectacular rise in price that we all hope to see.
I think more than the changes in the prices, the market has more institutional investors than the last time so there's some changes in the market. You're probably right that after 42k we might see another run but we have to be careful because it's fueled by rumors but it seems it persists even though there's rumors about Amazon. The rumoured adoption by Amazon might be one the reasons for the turnaround of the price of Bitcoin in last couples of days also Elon Musk made a positive remarks as regards Bitcoin, of course we are all aware his last negative remarks that influenced the last dump in the price of Bitcoin however irrespective of whatever negative impact on the price of Bitcoin historically Bitcoin always rallies back this is a fact that shouldn't be ignored, in the wake of the first wave of covid-19 last year the price crashed suddenly however against all odds it rebounced and attained a new ATH, there are so many other price dump in the past in which institutional adoptions or positive news rallied it up thus I am not surprise with present price uptrending its likely that the market is changing it sentiment from bearish to bullish.
|
|
|
|
Reatim
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 2940
Merit: 367
⭕ BitList.co
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 01, 2021, 10:15:50 AM |
|
As at the time of creating this thread Bitcoin is sold for $33,900, in recent days the entire market led by Bitcoin has faced what looks like a bear market where bitcoin went below $30,000 late last week before recovering back to its present price. This has driven me to the conclusion that bitcoin in this year 2021 made the highest price movement since it was created a decade ago. Can we now call 2021 the year of Bitcoin/crypto adoption year?
every after halving there is a possible pump , meaning there are probability that a All Time High will be rising and that happens this year like what happened in 2017 or even before those years. so what we must understand that crypto market is volatile and unpredictable and this same reason that we must consider to not expect every high, in which there are chance to grow today and fall tomorrow or vice versa.
|
|
|
|
█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ████████▄▄████▄▄░▄ █████▄████▀▀▀▀█░███▄ ███▄███▀████████▀████▄ █░▄███████████████████▄ █░█████████████████████ █░█████████████████████ █░█████████████████████ █░▀███████████████▄▄▀▀ ███▀███▄████████▄███▀ █████▀████▄▄▄▄████▀ ████████▀▀████▀▀ █▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀BitList▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . REAL-TIME DATA TRACKING CURATED BY THE COMMUNITY . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀List #kycfree Websites▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ |
|
|
|
Hippocrypto
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 03, 2021, 11:34:06 PM |
|
As at the time of creating this thread Bitcoin is sold for $33,900, in recent days the entire market led by Bitcoin has faced what looks like a bear market where bitcoin went below $30,000 late last week before recovering back to its present price. This has driven me to the conclusion that bitcoin in this year 2021 made the highest price movement since it was created a decade ago. Can we now call 2021 the year of Bitcoin/crypto adoption year?
Not yet, I wouldn't deal on that idea for now since we're still facing a hard days for crypto market. Despite that we see more promising days, but it can't be denied that more struggles is waiting for our asset in order to reach every goals we have. Price changed due to short time traders, and we need to wait for whales to take over and we will see bull market once again raging the entire cryptocurrency world.
|
|
|
|
Sir Legend
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 04, 2021, 02:45:08 PM |
|
Well, you are right cryptocurrency has witnessed mainstream adoption lately, and this is because more and more people are getting to understand the primary function of cryptocurrency and this is to be an alternative currency that will give people the financial freedom needle to leave an independent economic life without government and the central bank involvement.
The thing that makes crypto popular is the ease of transacting, with just a few seconds the transaction is complete even though the recipient is from all over the world because we are connected to the blockchain. this is what makes crypto users leave fiat and banks.
|
|
|
|
rhodelmabanal
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1186
Merit: 103
PredX - AI-Powered Prediction Market
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 04, 2021, 09:02:59 PM |
|
As at the time of creating this thread Bitcoin is sold for $33,900, in recent days the entire market led by Bitcoin has faced what looks like a bear market where bitcoin went below $30,000 late last week before recovering back to its present price. This has driven me to the conclusion that bitcoin in this year 2021 made the highest price movement since it was created a decade ago. Can we now call 2021 the year of Bitcoin/crypto adoption year?
If we put basis on the price or on the new ATH that goes above 60k$, maybe I can say that this year is really an amazing year for crypto. 60k$ last few months is really great and no one can really expect that it can reach that price this year, it is maybe because of the mass adoption and that price also mean that many investors are now investing into crypto and the demand is really rising.
|
|
|
|
Boov
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 04, 2021, 09:11:25 PM |
|
As at the time of creating this thread Bitcoin is sold for $33,900, in recent days the entire market led by Bitcoin has faced what looks like a bear market where bitcoin went below $30,000 late last week before recovering back to its present price. This has driven me to the conclusion that bitcoin in this year 2021 made the highest price movement since it was created a decade ago. Can we now call 2021 the year of Bitcoin/crypto adoption year?
If we put basis on the price or on the new ATH that goes above 60k$, maybe I can say that this year is really an amazing year for crypto. 60k$ last few months is really great and no one can really expect that it can reach that price this year, it is maybe because of the mass adoption and that price also mean that many investors are now investing into crypto and the demand is really rising. Indeed, massive adoption also helped it reached to that specific value, and nobody expected more that their predictions existed in reality. However, FUD and other controversial statements came out after good market situation in order to take down bitcoin at that moment, yet we really experienced the negative outcomes but people realized how valuable this asset was. If ever demand will arise again, I think $60k will soon be reached and next predictions takes place towards $80k onwards.
|
|
|
|
Kusman
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 756
Merit: 17
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 04, 2021, 10:08:58 PM |
|
I think that it is still early to say that 2021 is the Bitcoin adoption year. We still have 5 months to go until the end of this year. And we don't know at what rate Bitcoin adoption will continue in the rest of the year. For example, Tesla is said to be starting to accept Bitcoin as a payment method again soon. This could help the adoption in a positive way.
|
██ ▀▀▀▀▀▀▀▀▀▀▀▀▀ ▀ ▄ BYBIT │ reddit ▄ ▀ ▀▀▀▀▀▀▀▀▀▀▀▀▀ ██► Sports & Derivatives Trading ► Mobile App for iPhone & Android ► 24/7 Customer Support ► NFT Marketplace ► Launchpad/Launchpool
|
|
|
ethereumhunter
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 05, 2021, 06:27:53 AM |
|
I think that it is still early to say that 2021 is the Bitcoin adoption year. We still have 5 months to go until the end of this year. And we don't know at what rate Bitcoin adoption will continue in the rest of the year. For example, Tesla is said to be starting to accept Bitcoin as a payment method again soon. This could help the adoption in a positive way.
or the time of adopting bitcoin at this point I think it's almost over, as people are starting to go with its adoption. you guys are still thinking for the next 5 months, I think that's a very long time why have to wait another 5 months, if the opportunity is still in sight. The adoption of bitcoin progress shows a good thing this year, and we see many big companies trying to buy and be involved in the bitcoin world. It will go mainstream from this year and in the future and many people will try to invest in bitcoin because they see that those big companies have the confidence to invest in bitcoin. We have 5 months before this year ends and if the bitcoin price can increase so high, that can change the perception of people out there because they can see that bitcoin can be one of the best investments for them. People will have their time to invest in bitcoin, especially if they can search for the other benefits of bitcoin.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
Jating
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 05, 2021, 08:36:55 AM |
|
I think that it is still early to say that 2021 is the Bitcoin adoption year. We still have 5 months to go until the end of this year. And we don't know at what rate Bitcoin adoption will continue in the rest of the year. For example, Tesla is said to be starting to accept Bitcoin as a payment method again soon. This could help the adoption in a positive way.
or the time of adopting bitcoin at this point I think it's almost over, as people are starting to go with its adoption. you guys are still thinking for the next 5 months, I think that's a very long time why have to wait another 5 months, if the opportunity is still in sight. There's no time limit for bitcoin adoption, it might go in the next 5-10 years. I think what he said that we still have 5 months to go before the end of the year, and that is a good gauge to see how well bitcoin is doing, regardless of adoption for governments or any merchant stores accepting it as mode of payment just like the rumoured Amazon news, which turn out to be faked. So the price is still a bargain, because in the next 5 months it might ballooned to 6 digits.
|
|
|
|
imstillthebest
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 05, 2021, 09:22:55 AM |
|
33.9k down to 30k that was only a 3.9k decrease and I don't think that was a real bear market but in the past the price of Bitcoin have dump more than 3.9k not just once but I think lots of times already . Real bear market isn't new to us but we experience it all the time but I agree that this year was the best for btc because it reached its highest ath which was 60k and that's possible because lots of influencers and companies join btc during this period .
|
|
|
|
Kittygalore
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 868
Merit: 63
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 13, 2021, 03:02:28 PM |
|
Probably the only change is that there's more bitcoin in circulation, more people that are actively participating in the market and the prices are much higher than the last decade or so. I think those are the only changes that I can think of.
|
|
|
|
StreakW
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1227
Merit: 109
PredX - AI-Powered Prediction Market
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 14, 2021, 03:26:18 AM |
|
I think cryptocurrency adoption has skyrocketed from the start of 2021 very significantly from the previous year. This was influenced by the bullishness of Bitcoin which broke its all-time high price (ATH).
|
|
|
|
palle11
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 14, 2021, 06:21:30 PM |
|
I think cryptocurrency adoption has skyrocketed from the start of 2021 very significantly from the previous year. This was influenced by the bullishness of Bitcoin which broke its all-time high price (ATH).
I also do consider this year as the year that bitcoin gained a popular ground for adoption. Many regulatory processes have given more popular gig to bitcoin through exchanges and trading. The list of adopting institutions has built up including El savando. When you mention billion, I suspect you referring to Elon musk. He is really instrumental by buying lots of bitcoin early this year and that contributed to price skyrocketing. Elon musk has actually benefited from the adoption by manipulating somewhat the rise and fall of price as a whale.
|
|
|
|
topbitcoin
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 14, 2021, 08:23:57 PM |
|
Can we now call 2021 the year of Bitcoin/crypto adoption year?
I think adoption is already since long time, because if we compared from past, a lot of people already start to know and made investment in bitcoin. For the price i think it is just still part for bullish in this year. I still confident until end of the year we wouldn't see big dump happen.
|
|
|
|
molsewid
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 16, 2021, 02:07:57 PM |
|
Not yet, I wouldn't deal on that idea for now since we're still facing a hard days for crypto market. Despite that we see more promising days, but it can't be denied that more struggles is waiting for our asset in order to reach every goals we have. Price changed due to short time traders, and we need to wait for whales to take over and we will see bull market once again raging the entire cryptocurrency world.
For me my most awaited time in crypto was the end season of the year, i mean from my 5 years being involved here in bitcointalk forum and being able to become one of the active member of the crypto community I used to watch and see the market price movement of bitcoin from time to time because it's such a delight to my eye to see the market price climbing. Today, we are still 4 months away from the end of the year so we can expect a lot of things may happen in btc price from time to time.
|
|
|
|
Sanugarid
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 16, 2021, 06:23:29 PM |
|
Well, for starters, the price caused it to be more expensive. Another thing that I noticed is that the prices don't seem to be much more scary when it goes down, what I mean by that is that even if it goes half in prices, I don't feel the same panic I had back in 2018 when the prices crashed. I don't know if that's a valid feeling but that's what I am observing right now.
|
|
|
|
dezoel
Legendary
Offline
Activity: 2128
Merit: 1081
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 16, 2021, 10:04:41 PM |
|
The reality is that we are seeing something that should be expected in the bitcoin price these days, why would it stay down forever? There is no reason that it should stay down forever, this means that the price actually went up because there was no other way to go. There are few things that could happen, we all know this, it is common sense, it is going to either drop, stay same for a while or go up, there is no other way right? There is no "goes northeast" type of situation, these three are the only thing that could happen.
So it already dropped, and it already stayed there for a while, what else is left? Going back up, that is why it was bound to happen eventually, maybe it happened too soon, maybe it will happen some other time, but it will happen, and it did eventually happen, timing could change each time, but it will always happen no matter what.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
Obito
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 19, 2021, 08:48:56 AM |
|
I don't know if there's anything that has changed besides the increase in value of bitcoin but besides that, I don't think that there's any other changes, just got more expensive I guess. I think it's not yet the year plus calling it the year of adoption is pretty much a subjective topic because some people like me might not even consider it as the year but for you it's different.
|
|
|
|
asrinur
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Online
Activity: 641
Merit: 104
PredX - AI-Powered Prediction Market
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 25, 2021, 12:21:14 PM |
|
As at the time of creating this thread Bitcoin is sold for $33,900, in recent days the entire market led by Bitcoin has faced what looks like a bear market where bitcoin went below $30,000 late last week before recovering back to its present price. This has driven me to the conclusion that bitcoin in this year 2021 made the highest price movement since it was created a decade ago. Can we now call 2021 the year of Bitcoin/crypto adoption year?
I think this year can be called crypto adoption because the integration of cryptocurrency into everyday aspects of life allows room to grow and strengthen itself as more than just an asset. It became a serious alternative financial system to fiat currency and people started to pay attention to it. we have seen a significant increase in bitcoin adoption by large institutions. Many large companies have accepted bitcoin as a payment method, and some have also purchased large amounts of bitcoin to use as an investment instrument. Therefore in the future the price of Bitcoin will again reach a new ATH.
|
|
|
|
|