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Author Topic: Future bitcoin price is high and low  (Read 685 times)
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October 03, 2021, 04:32:25 PM
 #61

I never thought about the price of bitcoin in the following year. I'm just wondering when will bitcoin at the end of this year be able to break through the previous price of $ 52k because I'm a little worried about the movement of bitcoin this week is often down.
I would say that is exactly the opposite of what I usually do. I never think about what the price of bitcoin is for right now or even this year, I think about many years later down the road because that is what can make me wait longer. I always say that eventually one day (way down the road) bitcoin will be half a million dollars and I will get out in that moment.

I know that it will not happen anywhere soon, I know that even 100k is a big deal right now and we are not even half at that, so we are talking about more than 10x increase in bitcoin and yes that will not happen soon. However the idea of that ever happening in the future, even if it takes 5-10 years, is the reason why I get to hold so many coins without worrying about all the crashes happen during that same period.
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October 04, 2021, 02:23:33 AM
 #62

You will be happy to see your country accept crypto as a legal tender to help you have additional income sources and I am sure that if other people want to try to follow you, they will also get a new way to make money. Yes, it needs support from the government to accept crypto and creating a new law like what they did to the other currency.
there is no need for country adoption for a person to gain more in crypto ,Legal tender means acting as fiat but we already knew that in many countries are having friendly in crypto.
At least, the crypto position in that country will be strong as the government supporting people to use and allow their people to use crypto. If more people can adopt crypto in that country, it will become bigger and who knows, his country can be one of the leaders for the other country in adopting crypto.

I think sooner or later, the government will see that the presence of crypto can be a new source of income for their people and once they can accept it, people will start learning and use crypto. Maybe those governments need to learn from El Salvador about how to crypto for their benefit.
not that much mate , because as long as the country is thinking that crypto will hinder them from making their own ways (Because of decentralization) countries will never let this to come welcomed .
It needs an open mind to accept a new thing that can change to better their country and not just prohibit something they really do not know. That is why the government needs to research what and how crypto can benefit them, even if that is about decentralization. I am sure that even decentralization needs a balance to run smoothly.



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October 04, 2021, 04:05:11 AM
 #63

It needs an open mind to accept a new thing that can change to better their country and not just prohibit something they really do not know. That is why the government needs to research what and how crypto can benefit them, even if that is about decentralization. I am sure that even decentralization needs a balance to run smoothly.

Do you really believe that it is just about the benefits? There are a number of authoritarian regimes around the world, who are afraid of losing their control over the people. There is no doubt that for the ordinary citizen Bitcoin is immensely beneficial. But look at the ones who lose out - bankers, payment processors, remittance services.etc. On top of that the government loses its ability to print unlimited amounts of money. It may be beneficial for the common people, but that is not the case for the government. And that explains why some of them are very hostile towards cryptocurrency.

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October 04, 2021, 04:13:23 PM
 #64

What will be the price of bitcoin in the coming years as the price of Bitcoin goes down? The current price of the British ranges from 41 thousand to 50 thousand. Bitcoin was the highest price of 48-50 thousand. The bitcoin that everyone planned that from the end of 2021 to 2022, the price of bitcoin will exceed 60 thousand plus? So what will be the price of Bitcoin in the coming years?

Bitcoin continues to experience corrections in the market, both conditions caused by investors, as well as speculation made by several countries, basically bitcoin is the most stable coin in price, when compared to other coins, but because of the correction, bitcoin continues to decline until now , if you look at the conditions and trends for bitcoin in the coming year, it is likely that bitcoin will reach 1 M or more, for this year alone bitcoin has almost reached 700 million and it is very likely that bitcoin will reach far from that price.



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October 04, 2021, 05:56:35 PM
 #65

The future Bitcoin price will be increaseing because next few years there are many countries allow to use BTC and adopt the cryptocurrency for earn money . That time is not so far where money and Bitcoin use as same world currency value . Someone can tell my thoughts are over ambitious but when it will happen then believe .
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October 05, 2021, 03:20:47 AM
 #66

It needs an open mind to accept a new thing that can change to better their country and not just prohibit something they really do not know. That is why the government needs to research what and how crypto can benefit them, even if that is about decentralization. I am sure that even decentralization needs a balance to run smoothly.

Do you really believe that it is just about the benefits? There are a number of authoritarian regimes around the world, who are afraid of losing their control over the people. There is no doubt that for the ordinary citizen Bitcoin is immensely beneficial. But look at the ones who lose out - bankers, payment processors, remittance services.etc. On top of that the government loses its ability to print unlimited amounts of money. It may be beneficial for the common people, but that is not the case for the government. And that explains why some of them are very hostile towards cryptocurrency.
If those regimes still want to lead the country, there is no other way to do besides getting trust from their people. Giving a chance for something new that their people are trying will give trust from their people to their government, especially if that is about a power to lead the country. It is how about to get their people's hearts and having their support. The government needs trust from the people to still lead the country.

It is time for the government to listen to what their people will and try to benefit themselves. I am sure that bitcoin or crypto can give benefit to the government, not just to their people but the government must search for what is that.



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October 05, 2021, 03:46:34 AM
Last edit: October 05, 2021, 09:11:20 PM by STT
 #67

The future Bitcoin price will be increaseing because next few years there are many countries allow to use BTC and adopt the cryptocurrency for earn money . That time is not so far where money and Bitcoin use as same world currency value . Someone can tell my thoughts are over ambitious but when it will happen then believe .

I dont really agree that Bitcoin is likely to dominate in the same way USD has done since ww2.    Even at the inception of that agreement it was seen as quite possibly flawed to rely on one nationalized standard even if in set ratio to gold.   I dont think BTC can be a universal perfect standard, we will see a peak in the current excessive debt backing to currency exchanged, many things will change.  BTC will be part of that change in not being fractional reserve but also a greater variety of currency will occur in progress over the current domination of a singular centralized global reserve; this will be a positive especially for productive exporting economies not currently politically favored by the west and overall the world will benefit imo.

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October 05, 2021, 06:35:52 PM
 #68

I never thought about the price of bitcoin in the following year. I'm just wondering when will bitcoin at the end of this year be able to break through the previous price of $ 52k because I'm a little worried about the movement of bitcoin this week is often down.
I would say that is exactly the opposite of what I usually do. I never think about what the price of bitcoin is for right now or even this year, I think about many years later down the road because that is what can make me wait longer. I always say that eventually one day (way down the road) bitcoin will be half a million dollars and I will get out in that moment.

I know that it will not happen anywhere soon, I know that even 100k is a big deal right now and we are not even half at that, so we are talking about more than 10x increase in bitcoin and yes that will not happen soon. However the idea of that ever happening in the future, even if it takes 5-10 years, is the reason why I get to hold so many coins without worrying about all the crashes happen during that same period.
Correct, and even then it is possible that at that time you are not going to need to sell your coins, after all if bitcoin is trading at those levels then that means that the adoption has grown massively and that institutional investors bought all the bitcoin they could, so at that point I would expect that we will be able to use our bitcoin everywhere without people wondering what are we talking about, something that is still very common even right now.



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October 12, 2021, 03:28:43 PM
 #69

If we follow Bitcoin price predictions and previous price action, BTC could hit an expected high of $100k to $300k over the next few years. Bitcoin will continue its expected upward trend in early 2022, and of course, with more countries and large corporations adopting bitcoin, more investors are expected to join bitcoin and significantly raise the price of bitcoin going forward. Therefore, I believe Bitcoin offers great long-term prospects for at least the next five years.

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October 13, 2021, 08:47:11 AM
 #70

If we follow Bitcoin price predictions and previous price action, BTC could hit an expected high of $100k to $300k over the next few years. Bitcoin will continue its expected upward trend in early 2022, and of course, with more countries and large corporations adopting bitcoin, more investors are expected to join bitcoin and significantly raise the price of bitcoin going forward. Therefore, I believe Bitcoin offers great long-term prospects for at least the next five years.
Bitcoin will always have a brighter future compared to altcoins and that's for sure. But there is no sure way what will be its price in the next years as bitcoin is highly volatile and keeps fluctuating its price. Its bears and bull cycle will never stop so the price will not settle in a single trend, it will move certainly to its upward and downward position. But if we are aiming for higher profits in the future, then we should learn to take advantage every bearish season comes and buy bitcoin as much as you can. Because one thing for sure, bitcoin price is always aiming for an upward trend, although there might be price corrections but they are just for temporary and sooner the price will bounce up again. So its always a good preparation and certainly an edge if you can hold bitcoin as early as now.

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October 13, 2021, 11:40:59 AM
 #71

If we follow Bitcoin price predictions and previous price action, BTC could hit an expected high of $100k to $300k over the next few years. Bitcoin will continue its expected upward trend in early 2022, and of course, with more countries and large corporations adopting bitcoin, more investors are expected to join bitcoin and significantly raise the price of bitcoin going forward. Therefore, I believe Bitcoin offers great long-term prospects for at least the next five years.
what about that 2022, how can you be so sure that countries and large corporation will adopt Bitcoin? why not do now and need to wait for 2022?
lol remember that the Halving season expires this year means the possibilities of another bearish market will come sooner.
best to at least try not to take our your funds now and just keep the holding till 2024 .

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October 13, 2021, 07:48:27 PM
 #72

Bitcoin will always have a brighter future compared to altcoins and that's for sure. But there is no sure way what will be its price in the next years as bitcoin is highly volatile and keeps fluctuating its price. Its bears and bull cycle will never stop so the price will not settle in a single trend, it will move certainly to its upward and downward position. But if we are aiming for higher profits in the future, then we should learn to take advantage every bearish season comes and buy bitcoin as much as you can. Because one thing for sure, bitcoin price is always aiming for an upward trend, although there might be price corrections but they are just for temporary and sooner the price will bounce up again. So its always a good preparation and certainly an edge if you can hold bitcoin as early as now.
I do believe that we could definitely see the other altcoins have a brighter future as in have a bigger increase. I just do not believe that they would ever be as big as bitcoin and go as long as bitcoin can. This is why most of my investment is in bitcoin, and the rest is in other coins distributed so none of them gets closer to bitcoin. Just because we believe in bitcoin and love it, doesn't mean that we should shun other coins neither, we should promote them as well.

There are some memecoins and shitcoins that I would understand if you do not want to promote, I do not neither, but it is wrong to think "only bitcoin will survive" neither, that is not healthy look at crypto market.
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October 13, 2021, 11:56:17 PM
 #73

The future Bitcoin price will be increaseing because next few years there are many countries allow to use BTC and adopt the cryptocurrency for earn money . That time is not so far where money and Bitcoin use as same world currency value . Someone can tell my thoughts are over ambitious but when it will happen then believe .
I agree on your prediction that bitcoin and fiat will be available soon as both currencies in the future because they are made to co exist and not to create competition in the field of financial system. But certainly, the process for bitcoin to be a currency is very tough knowing the government as of now is still very pessimistic about legalizing bitcoin and accept it as a currency.

However, talking about the future price of bitcoin will always be uncertain. Its price will always create changes so if today its very bullish, then tomorrow the price might be dumping suddenly. It just means that bitcoin has still no definite price even if we always say that its price will always go skyrocket as years go by. It will always have chances to dump and leave its value at a low price but not literally zero value because as long as the demand continues, its price will never be zero.

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October 14, 2021, 04:21:06 AM
 #74

Yes, the price goes down and up, but I think that at the moment in the short term it is going to rise, if we look at the volume it clearly shows that it may be bullish in the long term, but it is a matter of waiting:


Quote
The rising 20-day exponential moving average (EMA) ($51,338) and the relative strength index (RSI) in the positive zone indicate an advantage to buyers. If bulls drive the price above $57,839.04, the BTC/USDT pair could rally to $60,000.
Source: https://cointelegraph.com/news/price-analysis-10-13-btc-eth-bnb-ada-xrp-sol-doge-dot-luna-uni

I think the trend for now is bullish, however for days it has been with this bullish momentum, it is likely that the price will continue to grow if the bulls decide to continue buying in the dip and increasing to new levels of supply.

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October 14, 2021, 03:15:28 PM
 #75

Prices are so volatile it's hard to tell the truth. In one day the price of bitcoin goes up and down without a clear path, so it is difficult to predict the future. but most likely bitcoin will continue to bullrun in the future even though there are often price corrections on the sidelines of the bullrun.
Just be sure the price of bitcoin in the future will continue to soar very quickly and it is realized that bitcoin will break through again the old high price of $62k.

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October 14, 2021, 09:35:35 PM
 #76

As long as we get to ride the wave, we are going to reach the shore. The important part is to realize that bitcoin is not something that stays still, it is one of the most volatile things in the entire world and we are in it right now. I love it, and I would support it a lot in any circumstance, but the volatility is something that is dangerous for some people because people are afraid of it. What I believe we should be doing right now is the fact that holding became even more important, if you could hold for a very long time then it is "nearly" guaranteed that you will profit, the time you need to hold changes from person to person but it almost always profits.

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October 14, 2021, 09:53:29 PM
 #77

As long as we get to ride the wave, we are going to reach the shore. The important part is to realize that bitcoin is not something that stays still, it is one of the most volatile things in the entire world and we are in it right now. I love it, and I would support it a lot in any circumstance, but the volatility is something that is dangerous for some people because people are afraid of it. What I believe we should be doing right now is the fact that holding became even more important, if you could hold for a very long time then it is "nearly" guaranteed that you will profit, the time you need to hold changes from person to person but it almost always profits.
Why people cant just realized on things that they are dealing with? They do even comes to a point on where they do really believe on that stabilizing thing here on crypto space specially with bitcoin which is never been

possible to happen.Volatility aspect is one of the most common factors on why this market had progressed that much aside from its real use case and that one cant really be denied on.

High and low in price is something interesting on this market and with these movements then you could utilize it for the sake of making profits.

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October 14, 2021, 11:21:58 PM
 #78

I think the price of bitcoin will increase over time as legitimacy is gradually replacing trust - that will represent more value in use than speculative demand.  I still believe that this year's bitcoin price is an outlier compared to many years ago.  I guess 150k and ready to translate but little volatility
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October 15, 2021, 10:38:55 AM
 #79

The last few years we have seen the development of very large bitcoin price movements, especially in the second quarter of 2020 bitcoin prices continued to experience quite high price movements because basically people are starting to realize that bitcoin is an investment asset that is suitable in the current pandemic conditions, especially now. many institutions are starting to enter to invest in Bitcoin, so that in the end it will be able to encourage bitcoin to continue to grow, I personally don't dare to predict how big the price of bitcoin will be in the next few years, but for sure I am very optimistic that in the future the price of bitcoin will be very high.

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October 15, 2021, 11:55:48 AM
 #80

I think the price of bitcoin will increase over time as legitimacy is gradually replacing trust - that will represent more value in use than speculative demand.  I still believe that this year's bitcoin price is an outlier compared to many years ago.  I guess 150k and ready to translate but little volatility

As bitcoin already hitting on the mainstream it slowly gather trust, also since the government of 1st world country is already considering accepting it as a legal to their country it adds up the plus points to the trust of the investors so from this events happen for this day we can really say that those figures what we discuss on several threads about price speculation of bitcoin will provably hit.

And the only question right now is when this time will happen and this is one should the holders should speculate.

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