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Author Topic: What do you think about Bitcoin?  (Read 1347 times)
GoodLuckHK (OP)
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January 09, 2022, 01:17:53 AM
 #1

I wonder when the price of Bitcoin will reach $ 100k +. Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most. But in the next few years, the price of Bitcoin will continue to rise, so long-term Bitcoin will continue to improve. What is your opinion?
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January 09, 2022, 01:50:05 AM
 #2

Because at present the approval of bitcoin is increasing in different countries.
Do not know where you have this source, in fact only Elsalvador as the originator of the first and only country to adopt bitcoin as a legal tender (afaik). In addition, Bitcoin has been legalized in various countries as an investment asset for a long time and has not made it to the level of $100k.
It makes sense that global adoption would raise more of the market cap and get bitcoin to that level, but today it's the opposite of what many expected. Many developed country governments and financial authorities are still fighting bitcoin.

And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most.
Bitcoin is not at all affected by the growth in the number of altcoins.

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January 09, 2022, 03:57:00 AM
 #3

What is your opinion?

I mean, you're in Bitcointalk, a Bitcoin forum. What kind of opinions do you expect? Of course people here would be bullish lol. 🤷‍♂️

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January 09, 2022, 04:54:46 AM
 #4

No one knows when the Bitcoin price will reach 100k, most predictions were saying that we could reach this number in the first quarter of 2022, but given the market situation at the moment, I think it is unlikely that we will reach this number at that time, Of course, the greater the global adoption and the spread of bitcoin in the world, as well as the official acceptance of bitcoin by some governments, the price will improve much faster, but as I said earlier more than once, I do not care about the price of bitcoin as much as I care about global adoption and the spread of the bitcoin culture around the world.

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January 09, 2022, 05:08:56 AM
 #5

I wonder when the price of Bitcoin will reach $ 100k +.
It looks like it will take longer than predicted because of another change in market sentiment after the Omicron severely affecting businesses and employment all over the world.

We'll just have to wait when new fiats will be injected in the crypto market. Currently, some P2E tokens are still pumping depspite the BTC downtrend but they won't last.
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January 09, 2022, 05:47:43 AM
 #6

I wonder when the price of Bitcoin will reach $ 100k +.

I think this year Bitcoin took a beating with the mix of China + India FUD articles, but also saw nice gains from more adoption + awareness.
Look on the bright side, we now have Crypto.com Arena and Sofi Stadium. Like them or hate them, it helps spread the word in a positive manner. There are obviously many more catalysts for Bitcoin, some much bigger but these are just an example.
Although 2021 put us in a weird spot, as a long-term HODLer I am not even phased. I'll continue to buy the dip while following Bitcoin's progression closely. High or Low, I get more excited about Bitcoin's journey more than the daily price.
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January 09, 2022, 07:49:36 AM
 #7

Iam also still bullish on bitcoin and many big investor also. I think this year will be huge for Bitcoin. You have to just hodle your Bitcoin and watch next phase of Bitcoin. Bitcoin will go again ATH in upcoming months for sure . I can just prediction on the basis on market structure you can have own research before doing buying any crypto. Bitcoin is fundamentally very strong it's pick more gain in upcoming months

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January 09, 2022, 08:58:34 AM
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 #8

Because at present the approval of bitcoin is increasing in different countries.
I don't think this is correct, many countries are still very hostile to Bitcoin cause it is decentralized, I mean, countries like to control every aspects of their citizens life, especially their finances, and since Bitcoin allows its users to be their own bank, they (the government) do not want to have anything to do with Bitcoin, that's why quite a lot of countries have and will continue to impose bans and sanctions against Bitcoin.
I wonder when the price of Bitcoin will reach $ 100k +.
The thing is, no one actually knows when that will happen, you just have to believe in the network when you invest in it, you have to be patient and hold, and you must understand that there is no get rich quick method in the network as it's a long term coin.

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January 10, 2022, 11:28:50 AM
 #9

I wonder when the price of Bitcoin will reach $ 100k +. Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most. But in the next few years, the price of Bitcoin will continue to rise, so long-term Bitcoin will continue to improve. What is your opinion?
it will but of course we need to understand the situation as it's how the market works always after the significant increase of prices. That's what it is bearish and bullish season..so we must understand. Actually many analyst prediction is 100k even last year so its not possible to happen this year. Lets just wait until this bearish disappear because for sure there will be a good run as always.
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January 10, 2022, 12:19:10 PM
 #10

You expect $100k bitcoin in the near future? It all took a long time and we believe the price of $100k will definitely be reached.
We already know that now many countries have adopted bitcoin, this is a bright spot for us in the next few years bitcoin will be increasingly expensive, not only about global adoption but the demand from large investors and various institutions are now using blockchain technology a lot.
We'll see $100k at the right time.

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January 10, 2022, 12:27:35 PM
 #11

I wonder when the price of Bitcoin will reach $ 100k +.

The surest bet is that it will happen after halving 2024, although no one has a crystal sphere that can show the future. However, this obsession with $100k is becoming a bit ridiculous, because it was the same with $1000 and $10k - and there will always be some new goal and some new number. I wonder if people realize that the price is not going up on its own, but that the demand should be much higher than the supply - and that most who invest in Bitcoin do it for profit.

Some time ago, I saw a tweet on the forum in which it was written that Bitcoin could be worth $100k if everyone decided not to sell for just one day - so simple, and we all know the impossible.

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January 10, 2022, 12:47:07 PM
 #12

I wonder when the price of Bitcoin will reach $ 100k +. Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most. But in the next few years, the price of Bitcoin will continue to rise, so long-term Bitcoin will continue to improve. What is your opinion?
All of us do wonder the same thing but I think we need some corrections like what happened this weekend. Is it alarming on the name of Bitcoin if countries are accepting bitcoin as a currency? I don't think it is at the macro level. In the long term we all expect it to rise but we really may never know if how long will it take to get there.

Be patient and hoard what you can afford.
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January 10, 2022, 02:06:55 PM
 #13

I wonder when the price of Bitcoin will reach $ 100k +. Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most. But in the next few years, the price of Bitcoin will continue to rise, so long-term Bitcoin will continue to improve. What is your opinion?

Unfortunately, the predicted trajectory didn't hit last December, so it means it will take another couple of years for bitcoin to hit $100k because the market sentiments have change from bullish to bearish already. So it doesn't mean that even though there are countries trying to adopt bitcoin right now the price will suddenly shoot up to 6 digits, it will take more than that. And with that said, we are in a bear market, so the price could really take a big hit this year, just saying.
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January 10, 2022, 02:18:40 PM
 #14

From what has happened Bitcoin can always recover and reach its latest price peak therefore strongly believe that Bitcoin will hit 100k even though it is not known when it will happen. and with the current bearish market conditions I don't think it's a big thing to be afraid of because crypto is very popular right now and I really believe that it will pass soon.

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January 10, 2022, 02:59:23 PM
 #15

What is your opinion?

I mean, you're in Bitcointalk, a Bitcoin forum. What kind of opinions do you expect? Of course people here would be bullish lol. 🤷‍♂️

His next question should then be:  What do you think about the bullishness about Bitcoin even though it’s really bearish?  Is this a normal thing in Bitcointalk?  Cheesy

Anyway BTC’s price movements should be fun to watch during the next couple of days.  Switch to 5 min chart and enjoy the volatility.  It’s somewhat a clash for gains between the longs and the shorts.

R


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January 10, 2022, 03:48:10 PM
 #16

What is your opinion?

I mean, you're in Bitcointalk, a Bitcoin forum. What kind of opinions do you expect? Of course people here would be bullish lol. 🤷‍♂️

His next question should then be:  What do you think about the bullishness about Bitcoin even though it’s really bearish?  Is this a normal thing in Bitcointalk?  Cheesy

Anyway BTC’s price movements should be fun to watch during the next couple of days.  Switch to 5 min chart and enjoy the volatility.  It’s somewhat a clash for gains between the longs and the shorts.
Fun but at the same time it could bring some stressed to us as the price is going to be right in the middle with no clear winner, which means there's no profit as a short day trader.

But this is just the start of the year, but as I have said previously, looks bleak because we haven't able to break that $50k'ish last December. A clear indication of a bearish cycle to me. So it will hurt a lot for those who haven't experience a bear market in bitcoin trading.

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January 10, 2022, 09:50:24 PM
 #17

I wonder when the price of Bitcoin will reach $ 100k +. Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most. But in the next few years, the price of Bitcoin will continue to rise, so long-term Bitcoin will continue to improve. What is your opinion?
All of us do wonder the same thing but I think we need some corrections like what happened this weekend. Is it alarming on the name of Bitcoin if countries are accepting bitcoin as a currency? I don't think it is at the macro level. In the long term we all expect it to rise but we really may never know if how long will it take to get there.

Be patient and hoard what you can afford.
The main problem with bitcoin world is that nothing is ever enough for people. We have managed to be at 40k+ dollars right now, imagine that! When I first got in, even 1k was a HUGE number for most of us, it was a wild shock when it first did it, and now we have a 68k+ all time high and we have 40k+ price right now that people keep talking about "let's see when it will go back up" or talking about 100k being a possible thing.

Maybe we should stand back a bit and just look at what we have managed to achieve so far, it is certainly a unique thing, we as people created our own coin (and many like it) and then created a 2 trillion dollar market for ourselves. That is an amazing feat and we should be proud for where we are right now. The moment we start to realize how great we are doing right now, will be the moment we realize how great we can become in the future.

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January 10, 2022, 10:47:48 PM
 #18

What is your opinion?

I mean, you're in Bitcointalk, a Bitcoin forum. What kind of opinions do you expect? Of course people here would be bullish lol. 🤷‍♂️

+1 Smiley  no need for a thread on this.

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January 10, 2022, 11:59:42 PM
 #19

What is your opinion?

I mean, you're in Bitcointalk, a Bitcoin forum. What kind of opinions do you expect? Of course people here would be bullish lol. 🤷‍♂️

+1 Smiley  no need for a thread on this.
I tend to agree with both.
But don't expect everyone to agree on a bullish trend, I saw one or two users here seems to contradict the price, all post seems like Bitcoin price going to dump, and even on his signature, he predicted the market that Bitcoin price will drop to $10k.  But glad to say, overall and the majority and in bullish opinion.

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January 12, 2022, 04:30:06 AM
 #20

I wonder when the price of Bitcoin will reach $ 100k +. Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most. But in the next few years, the price of Bitcoin will continue to rise, so long-term Bitcoin will continue to improve. What is your opinion?
actually several thread in this same section had already asked that same question even since 2021 , but the answer is the same here , no one is certain for this to  be predicted as while like you said there is approval from other countries yet there are still more than  hates and banned bitcoin so this does not serve as good example and brings best effect.
maybe this will take time mate that 100k dream of all here?
but at least I expect that to come in the next halving that will happen in the next 3 years from now .
those days maybe we can finally call that bitcoin reaches a 6 digit value .

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