Bitcoin run up is coming

[Darker45]

You're funny, OP! You're saying that inflation is rising, there will be a run on Bitcoin to maintain wealth, Bitcoin is going to skyrocket out of control in the coming 3 to 6 months, and banks will panic and buy Bitcoin themselves. You said all these things only to end up admitting you don't have the balls to buy Bitcoin right now. LOL! Don't you believe what you've just brought up? More likely, you are right, so harden those balls and start stacking Sats.

[yazher]

For some people might say something like that will happen, but maybe there will be a way to deal with inflation without having to run to bitcoin, inflation has always existed even before bitcoin, and that problem can also be solved. we just don't know for sure how it happened. CMIIW

I don't think to conclude that the entire countries in Europe will face inflation because those countries are not 3rd world countries. They can surely find some way to solve it and be back to normal. Just as you said, a major economic crisis has happened in the past, where they faced more problems than this one. But right now, they have some good opportunities to choose bitcoins whenever they felt the recovery of their economy will take too long.

[Mahiyammahi]

If you think about in near future I hope there's won't any physical money and BTC is a most secured currency in digital market. I agreed with you that it will fly.
But I think for Inflation in europe won't happen easily, government just not sit and watch it.Time flow and everything will flow just according to its rule.
Actually this cause of fear started when government are started to print money. Money is just a paper and we owe it.
I hope in future BTC will also take cover our Digital life.
Why don't you just bought BTC won't reduce just some fiat currency will you loose don't be panicked hold and gain. If u have enough leverage then don't waste it .

[anggoro manise]

There is but it would be a lot of methods that they have to add at the same time. But bitcoin as their choice, some of them really are having interest on it but we can't be sure if many of them will.

For sure banks have a lot of procedures for that and when banks will invest in bitcoin, I think they will think to their customers if one day their customers withdraw money at any time in case of inflation. especially if bank customers with large money holders, the bank may choose low risk rather than losing their good name.

[Yamifoud]

This can not continue for longer before rich people start to get very nervous.

Get nervous? It seems you are not pointing to rich people but it is for the poor people who have no courage to hold but instead to get panic once seeing decline.

From riches to rags ! LOL.

I don't have the balls to buy bitcoin right now.

But if you are balsy... then you now know what to do.

but unfortunately, I have the ball to buy and invest more in Bitcoin rather than selling. It was your biggest regret, just like you did before.
Rich people become richer, whole poor people become poorer due to negative mindset and the keep that things to live and stay where they are.

I think, you should have to open your mind and accept that Bitcoin is growing no matter what will happen around, in fact, the pandemic doesn't make it.

[Luzin]

Bitcoin right now. LOL! Don't you believe what you've just brought up? More likely, you are right, so harden those balls and start stacking Sats.

Funny, maybe he's unconscious. Or doesn't he want to take risks for Bitcoin? Because I'm sure everyone should take the path to his choice. If you investigate with technical or fndamental analysis then you will find something that can convince you. As long as trust in bitcoin continues to exist, you have nothing to fear. Bitcoin has grown rapidly the more it has adopted, the more people believe, even if you look at El Salvador of course it will add to your confidence. So feel free to enter the crypto world or go and consider crypto a dangerous threat.

[BennyT]

For some people might say something like that will happen, but maybe there will be a way to deal with inflation without having to run to bitcoin, inflation has always existed even before bitcoin, and that problem can also be solved. we just don't know for sure how it happened. CMIIW

I don't think to conclude that the entire countries in Europe will face inflation because those countries are not 3rd world countries. They can surely find some way to solve it and be back to normal. Just as you said, a major economic crisis has happened in the past, where they faced more problems than this one. But right now, they have some good opportunities to choose bitcoins whenever they felt the recovery of their economy will take too long.

That requires a massive assumption that they actually want to reduce inflation.

[Coin_trader]

There is but it would be a lot of methods that they have to add at the same time. But bitcoin as their choice, some of them really are having interest on it but we can't be sure if many of them will.

For sure banks have a lot of procedures for that and when banks will invest in bitcoin, I think they will think to their customers if one day their customers withdraw money at any time in case of inflation. especially if bank customers with large money holders, the bank may choose low risk rather than losing their good name.

Banks will invest on Bitcoin if the volatility and manipulation will be addressed properly. But since its decentralized the chance for a bank to fully embrace it is very slim. Maybe they will invest on blockchain research and develop there own currency that will satisfy all there requirements and follow the legal guidelines. Let's think broad here and not YOLO on Bitcoin. Blockchain is the main reason why Bitcoin is a massive success and we all know that it's open source so there's a high possibility that these rich bastards and banks will be united and developed a new toy cryptocurrency for them to save there assets once this hyperinflation hits hard the global economy.

[swogerino]

Banks will panic, Banks will buy bitcoin too, with bank account holder savings.

Banks will panic about what? In case you haven’t noticed, they are at the top of the food chain, and they will never run out of prey, most of the world’s urban citizens are completely dependent on banks. Even if 2008 happens to them again, do you think governments will allow banks to fail?

I don't have the balls to buy bitcoin right now.

You and at least 90% of those who understand Bitcoin at least to some extent, and this is nothing new - 5 years ago people did not believe that Bitcoin would succeed and it was difficult for them to invest only a few hundred $ to buy 1 BTC, and today these same people do not have courage or money to invest. The same old story that repeats itself every few years, and I bet people will think the same way in 2025 or 2030.

Exactly.I even see in my country even when huge social media pages with 1.5 million followers or more post about how Bitcoin is helping a lot of people,most of the comments there are from people who know nothing about it or from people who say,yeah it is good but I don't have money to invest in it.

A financial crisis can be a huge step to make Bitcoin reach that 100.000 dollars that we all are dreaming and saying it will become true in 2021.

[bosede1]

In my Country everything is on a high rate that even the rich ones are complaining, but with Bitcoin, the rich ones will complain but will get adjusted to it with time.

[proTECH77]

Bitcoin is a decentralized currency that is not control by the government, it choose to pump whenever it is time to pump and also choose to dump whenever it is time to dump without taking any permission from any government officials.
We are about to enter bitcoin season where the price will hit $80k soon for many investors to earn well from their investment. Those that hold for long are about to release their coin to the market, since the market is showing some signs of Massive pumping in this month of November.

[pawanjain]

Now that the inflation is rising in Europe, caused by energy costs ?! <G> there will be a run on bitcoin to maintain wealth.

The inflation is already at 4 to 5% maybe even higher.

This can not continue for longer before rich people start to get very nervous.

If there ever was a time where bitcoin is going to skyrocket out of control, it's the coming 3 to 6 months ! =D

Banks will panic, Banks will buy bitcoin too, with bank account holder savings.

And the bank account holders will be the nigga holding the bag, worthless money caused by inflation.

From riches to rags ! LOL.

I don't have the balls to buy bitcoin right now.

But if you are balsy... then you now know what to do.

So you are basically saying that since inflation is kicking in at it's peak all the rich and financial industries will start buying bitcoin.
This will in turn pump up bitcoin's price but at the same time you are saying that you won't be able to buy bitcoin right now ?

Why ?

If you think bitcoin will skyrocket soon then why won't you buy some of it ?
It's not like you have to buy a whole bitcoin but you can buy in fractions and how much you can afford to buy.

[giammangiato]

This can not continue for longer before rich people start to get very nervous.

Get nervous? It seems you are not pointing to rich people but it is for the poor people who have no courage to hold but instead to get panic once seeing decline.

From riches to rags ! LOL.

I don't have the balls to buy bitcoin right now.

But if you are balsy... then you now know what to do.

but unfortunately, I have the ball to buy and invest more in Bitcoin rather than selling. It was your biggest regret, just like you did before.
Rich people become richer, whole poor people become poorer due to negative mindset and the keep that things to live and stay where they are.

I think, you should have to open your mind and accept that Bitcoin is growing no matter what will happen around, in fact, the pandemic doesn't make it.

How much truth in these words! Bitcoin is often seen as a form of investment, it's not just that, a world to be discovered day by day, a way of thinking that embraces everyone, it's like the wind that you don't see it but you feel it! I will never regret the time lost to understand it, the investments made on bitcoins always in an intelligent way ..

[elisabetheva]

-#-
Banks will panic, Banks will buy bitcoin too, with bank account holder savings.
-#-

although there is inflation but it seems that if banks want to expand to bitcoin, of course it is very good news, because it will make trust in bitcoin will continue to increase and the movement of bitcoin will also increase.
but has this changed from banking? want to use their customers' assets to buy bitcoins, which is possible if wrong analysis can actually be detrimental and banks are not used to doing that.

obviously it is not easy for banks to change the system that is usually done by providing loans to individuals or institutions by buying bitcoin assets. Of course, there will be many problems in banking that must be understood so that it can run well.

[Wawa2013]

This can not continue for longer before rich people start to get very nervous.

Get nervous? It seems you are not pointing to rich people but it is for the poor people who have no courage to hold but instead to get panic once seeing decline.

From riches to rags ! LOL.

I don't have the balls to buy bitcoin right now.

But if you are balsy... then you now know what to do.

but unfortunately, I have the ball to buy and invest more in Bitcoin rather than selling. It was your biggest regret, just like you did before.
Rich people become richer, whole poor people become poorer due to negative mindset and the keep that things to live and stay where they are.

I think, you should have to open your mind and accept that Bitcoin is growing no matter what will happen around, in fact, the pandemic doesn't make it.

How much truth in these words! Bitcoin is often seen as a form of investment, it's not just that, a world to be discovered day by day, a way of thinking that embraces everyone, it's like the wind that you don't see it but you feel it! I will never regret the time lost to understand it, the investments made on bitcoins always in an intelligent way ..

Although the original purpose of Bitcoin was as a means of payment like fiat, but in reality Bitcoin is widely used as a digital asset. Maybe because
the development of Bitcoin is very rapid and the price is getting more expensive every year, so many people are interested  in investing in Bitcoin.
Moreover, if we want to use Bitcoin as payment, it is quite difficult to do other than merchants who accept Bitcoin is limited, some countries do
prohibit Bitcoin as a means of payment. Although Bitcoin is getting resistance from some parties who consider Bitcoin scams and are widely used
for illegal activities. The fact is that until now the development of Bitcoin has been unstoppable, the price of Bitcoin is increasing, because the demand
for Bitcoin has increased significantly, while the supply of Bitcoin is very limited. So the best investment right now is to invest in Bitcoin,
so don't ever regret investing in Bitcoin if we haven't made a profit, because sometimes making a profit from Bitcoin takes time and patience.

[worle1bm]

The bull run is surely going to take prices above high levels this time which seems to be impossible few time ago because have we imagined that this year we will see it around $70k also but it was about to reach that also but still according to price analysts like Plan B it is going to reach $98k by the year end and that's approximately $100k which was our target form long time and now it seems achievable easily.More and more funds are going to flow into bitcoin with time taking us above each unexpected levels.

[Poker Player]

You're funny, OP! You're saying that inflation is rising, there will be a run on Bitcoin to maintain wealth, Bitcoin is going to skyrocket out of control in the coming 3 to 6 months, and banks will panic and buy Bitcoin themselves. You said all these things only to end up admitting you don't have the balls to buy Bitcoin right now. LOL! Don't you believe what you've just brought up? More likely, you are right, so harden those balls and start stacking Sats.

That's what I was thinking. Also the OP has been on the forum since 2011, so I hope he means he doesn't have balls to buy now, but has Bitcoin saved up that he bought previously.

What he says makes sense, the scenario we are in points to a rise and so do the predictive models.

[godzillarekt007]

The bull run is surely going to take prices above high levels this time which seems to be impossible few time ago because have we imagined that this year we will see it around $70k also but it was about to reach that also but still according to price analysts like Plan B it is going to reach $98k by the year end and that's approximately $100k which was our target form long time and now it seems achievable easily.More and more funds are going to flow into bitcoin with time taking us above each unexpected levels.

Seems like a baby prediction to me. 100k is one month of bull run activity. I think 150k is likely on the table this run and potentially much more. OP is right though. You got private/public corporations stacking. University endowment funds stacking. Behind the scenes mega wealthy stacking. I am sure Governments and central banks are gonna start too (if they haven't already). Get your popcorn ready!

[gloriamartin]

I completely agree that Bitcoin takes time to make profits, but it's rising graph is very impressive and right now it is one of the best trading options. I am not very sure that the energy crisis will affect Bitcoin growth as mentioned by OP. Let's see how high it will go. From its current $65,772.70.

[MrcMrc]

The economic crisis in the world is gradually taking it toll's on the rich and they beginning to feel it most of them are now diverting their money into digital currency and Bitcoin in the coming months will become the top choice and in the center stage of this new economic meltdown. Banks are already buying bitcoin.