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Author Topic: What do you think about Bitcoin?  (Read 1347 times)
barbara44
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February 01, 2022, 03:35:45 PM
 #61

Bitcoin journey long time,Now and then bitcoin price hige different. When i start bitcoin journey then bitcoin price was $400-$600$ but now bitcoin price around $38000+.Bitcoin already touched $65k+ in previous year.We are expecting bitcoin price Will hit $70k+ next 1-2 year.Bitcoin price recently little dip but i hope bitcoin price will recover soon and i hope bitcoin price will be more increase in this year.
That's one inspiring story you got there. People can learn something from your story and that is they should not think that the current btc price is too high because its future value are going to be more than that.

If there are one thing that they will be thinking now, that is if how can they make money if they have not any to be able to buy more bitcoin. Like you everyone else here is expecting for a little increase even if not the expected ATH will come but as long as it recovers to over 50k or 60k, that is already a big blessing to us if heard this year but if given more time let say 1 or 2 years, I think bitcoin can increase more than your expected price which is 70k.

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February 01, 2022, 03:51:07 PM
 #62

I don't see any sharp decline since Bitcoin reached $60k+.
I may not consider this dip as "sharp" decline, $30k is still quite a high price compared to the rest of Bitcoin's price history.
However, $30k might be the bottom price of this dip and that gives Bitcoin more fuel to reach $100k sooner.
$100k target isn't only possible, but it is "very" possible and will eventually happen as Bitcoin grows every year.

If the price of bitcoin going deeper until 30k i'm sure altcoins is going to be more bleeding compared to now, most of altcoin has already lost it's value more than 60% and if bitcoin price is going more deeper, i'm sure new altcoins which developed less than a year won't survive because they won't fund their development. So we hope this is already the dip of bitcoin price and starting to recover
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February 01, 2022, 06:25:04 PM
 #63

We hope $30k is the last dip and will not be down for more, so we do not have to worry about the fluctuation. Perhaps, this month will be the time for bitcoin to increase, and no more dips we will see. We can accept if the price can not increase drastically but increase step by step so we can still prepare by buying at the current price. Yes, it is possible to see bitcoin make a new ATH this year, as long as the trend and the adoption from many countries and people are still bigger.
That is the situation that people are hoping right now, just doing it step by step so that we do not get into too much trouble. Doesn't mean that we will not be making any money otherwise, like if it skyrocketed in a single second but it does mean that we do the best that way. Obviously, if we could just keep buying at these prices, as long as possible, months and months, then we end up with a lot more profit when the price goes up.

However if we can't and the price goes up suddenly then there is still no problems, it just doesn't matter, whatever we have right now will be in profit in the future when the price goes up. So in one case, we profit a little, in the other we profit a lot, but we profit all the same.

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February 01, 2022, 09:37:51 PM
Last edit: February 01, 2022, 10:01:07 PM by Shasha80
 #64

Predicting the price of bitcoin is not easy, and it is possible that predictions of bitcoin prices reaching $100k will come true in the future, and may be a rational reason to speculate about bitcoin now. But that's not a prediction that actually happened at this time because bitcoin is still experiencing a very sharp decline in price. Predicting the bitcoin price to hit $100k could come true if the adoption or acceptance of bitcoin continues going forward.

I don't see any sharp decline since Bitcoin reached $60k+.
I may not consider this dip as "sharp" decline, $30k is still quite a high price compared to the rest of Bitcoin's price history.
However, $30k might be the bottom price of this dip and that gives Bitcoin more fuel to reach $100k sooner.
$100k target isn't only possible, but it is "very" possible and will eventually happen as Bitcoin grows every year.

I agree that $30k is pretty high, so if Bitcoin drops to $30k it's nothing to worry about. Especially after Bitcoin rose above  the price of $ 60k,
I saw the demand for Bitcoin increased very rapidly, meaning that many people are already interested in investing in Bitcoin.  So I'm also optimistic
that this year's lowest Bitcoin price will be at $30k, and the decline that is happening now is needed so that Bitcoin can rise to new ATH this year.
The $100k target is still achievable this year, so don't hesitate to keep collecting Bitcoins. So when we finally reach the target  price of $100k,
imagine the profit we make will be very large. But even if the $100k target fails to reach, I believe Bitcoin price will return above $60k
this year, and that we can still get a sizeable profit if from now on we start collecting Bitcoin.

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February 02, 2022, 08:52:30 AM
 #65

Predicting the price of bitcoin is not easy, and it is possible that predictions of bitcoin prices reaching $100k will come true in the future, and may be a rational reason to speculate about bitcoin now. But that's not a prediction that actually happened at this time because bitcoin is still experiencing a very sharp decline in price. Predicting the bitcoin price to hit $100k could come true if the adoption or acceptance of bitcoin continues going forward.

I don't see any sharp decline since Bitcoin reached $60k+.
I may not consider this dip as "sharp" decline, $30k is still quite a high price compared to the rest of Bitcoin's price history.
However, $30k might be the bottom price of this dip and that gives Bitcoin more fuel to reach $100k sooner.
$100k target isn't only possible, but it is "very" possible and will eventually happen as Bitcoin grows every year.

I agree that $30k is pretty high, so if Bitcoin drops to $30k it's nothing to worry about. Especially after Bitcoin rose above  the price of $ 60k,
I saw the demand for Bitcoin increased very rapidly, meaning that many people are already interested in investing in Bitcoin.  So I'm also optimistic
that this year's lowest Bitcoin price will be at $30k, and the decline that is happening now is needed so that Bitcoin can rise to new ATH this year.
The $100k target is still achievable this year, so don't hesitate to keep collecting Bitcoins. So when we finally reach the target  price of $100k,
imagine the profit we make will be very large. But even if the $100k target fails to reach, I believe Bitcoin price will return above $60k
this year, and that we can still get a sizeable profit if from now on we start collecting Bitcoin.


I like your optimism and I agree at some point, but I will say that maybe we will see the price going down to $30k. So we might not hit the lowest price yet so expect the unexpected.

As far as the demand and fundamentals, yes, it is strong, but there are times that investors are just selling and reluctant to reinvest maybe cause they feel that bitcoin is on a bear market and that they are not going to make money. But still, the target is $100k, maybe it will not be hit this year or the next couple of years. But I still believed that when we goes on another bull run this price could be touch.
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February 02, 2022, 09:12:22 AM
 #66

We hope $30k is the last dip and will not be down for more, so we do not have to worry about the fluctuation. Perhaps, this month will be the time for bitcoin to increase, and no more dips we will see. We can accept if the price can not increase drastically but increase step by step so we can still prepare by buying at the current price. Yes, it is possible to see bitcoin make a new ATH this year, as long as the trend and the adoption from many countries and people are still bigger.
That is the situation that people are hoping right now, just doing it step by step so that we do not get into too much trouble. Doesn't mean that we will not be making any money otherwise, like if it skyrocketed in a single second but it does mean that we do the best that way. Obviously, if we could just keep buying at these prices, as long as possible, months and months, then we end up with a lot more profit when the price goes up.

However if we can't and the price goes up suddenly then there is still no problems, it just doesn't matter, whatever we have right now will be in profit in the future when the price goes up. So in one case, we profit a little, in the other we profit a lot, but we profit all the same.
I agree with your suggestion to keep buying at these prices because the price is still not too high compared to what bitcoin prices can get in the future. If we can manage our money to buy and know that every dip will be the best time to buy more, we are closer to making a big profit in the future. But we need to have patience and calm down because every dip can happen soon and if we can not manage our emotions, we will miss a good time to buy more.

It will be no problem with a small profit because if we can collect the profit, it will soon become bigger, especially if we can hold it for a while and only wait for the next highest price to sell it at once. With our experience before, I am sure we will know the right method to profit.

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February 04, 2022, 11:54:43 PM
 #67

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

Honestly, it wasn't in my mind and think that price. I'm not saying it won't and it is impossible as always there is a chance yet, that probably it takes a little bit longer and that might bore us waiting if we keep thinking about it. It was better I guess to think first of $50k, another $70k as for it has been reached, that it means we can proceed to $100k.

But for now, I foresee a very tough year of crypto this year and many dumps to show compared to pumps. And this could be a very challenging year for holders as well unless if they can still manage their emotions.
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February 06, 2022, 05:47:39 PM
 #68

Predicting the price of bitcoin is not easy, and it is possible that predictions of bitcoin prices reaching $100k will come true in the future, and may be a rational reason to speculate about bitcoin now. But that's not a prediction that actually happened at this time because bitcoin is still experiencing a very sharp decline in price. Predicting the bitcoin price to hit $100k could come true if the adoption or acceptance of bitcoin continues going forward.

I don't see any sharp decline since Bitcoin reached $60k+.
I may not consider this dip as "sharp" decline, $30k is still quite a high price compared to the rest of Bitcoin's price history.
However, $30k might be the bottom price of this dip and that gives Bitcoin more fuel to reach $100k sooner.
$100k target isn't only possible, but it is "very" possible and will eventually happen as Bitcoin grows every year.
We hope $30k is the last dip and will not be down for more, so we do not have to worry about the fluctuation. Perhaps, this month will be the time for bitcoin to increase, and no more dips we will see. We can accept if the price can not increase drastically but increase step by step so we can still prepare by buying at the current price. Yes, it is possible to see bitcoin make a new ATH this year, as long as the trend and the adoption from many countries and people are still bigger.
It is going to be interesting to see what happens from now on, I have believed for some time that we were in a super cycle and that bitcoin will still go up during this year, breaking up with what we saw in 2018 which was a very strong drop in its price, however the price is barely above 40k, so if that price is maintained for a long time I think that a repetition of what we saw in 2018 could happen, something that the majority of people would prefer to never witness again.
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February 06, 2022, 06:28:14 PM
 #69

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

Honestly, it wasn't in my mind and think that price. I'm not saying it won't and it is impossible as always there is a chance yet, that probably it takes a little bit longer and that might bore us waiting if we keep thinking about it. It was better I guess to think first of $50k, another $70k as for it has been reached, that it means we can proceed to $100k.

But for now, I foresee a very tough year of crypto this year and many dumps to show compared to pumps. And this could be a very challenging year for holders as well unless if they can still manage their emotions.
I agree with you. 2022 has been being a harsh year for bitcoin. Since this year has started the lack of good news and positive price fluctuations is evident. I believe we are living preparation times for a buill run that is imminent and that can start at any moment. So for every holders it's important to keep bitcoin investments intact, although they should forget it for a while, not touching their wallets. That is a special advice mainly for those who may want to cut losses selling their bitcoins for a cheap price due to fear regards the currently market's conditions.

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February 08, 2022, 03:46:03 PM
 #70

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?
I think expecting the bitcoin price to hit $100k will take the next 2-3 years. If we look at the current price movement in the market, the price of bitcoin has a strong potential to drop to $38k and that is not good especially for Investors who have bought above. Therefore, it is better for us to hold bitcoin for now, please consider not selling bitcoin when the price is still declining. If we hold, then we will not receive a loss. Although it seems at this time the possibility of forcing us to hold long before the bitcoin price rebounds.

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February 08, 2022, 11:46:35 PM
 #71

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?
I think expecting the bitcoin price to hit $100k will take the next 2-3 years. If we look at the current price movement in the market, the price of bitcoin has a strong potential to drop to $38k and that is not good especially for Investors who have bought above. Therefore, it is better for us to hold bitcoin for now, please consider not selling bitcoin when the price is still declining. If we hold, then we will not receive a loss. Although it seems at this time the possibility of forcing us to hold long before the bitcoin price rebounds.
This year gonna be a dwell and test upon our patience.
I'm going to agree that this year will be a tough year for crypto. I see no such trend like in 2021 that major coins in the market are bullish but we possibly experience a different scenario this time.

Well, things are not worried for as long as we have trust in crypto. As to what we did during the last crisis, it certainly we can make it again if that ever it happens. I think we got lucky and happy enough if we could reach $50k this year again.
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February 08, 2022, 11:53:56 PM
 #72

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?
I think expecting the bitcoin price to hit $100k will take the next 2-3 years. If we look at the current price movement in the market, the price of bitcoin has a strong potential to drop to $38k and that is not good especially for Investors who have bought above. Therefore, it is better for us to hold bitcoin for now, please consider not selling bitcoin when the price is still declining. If we hold, then we will not receive a loss. Although it seems at this time the possibility of forcing us to hold long before the bitcoin price rebounds.
This year gonna be a dwell and test upon our patience.
I'm going to agree that this year will be a tough year for crypto. I see no such trend like in 2021 that major coins in the market are bullish but we possibly experience a different scenario this time.

Well, things are not worried for as long as we have trust in crypto. As to what we did during the last crisis, it certainly we can make it again if that ever it happens. I think we got lucky and happy enough if we could reach $50k this year again.

After the bull run happen then the dump follows? Well yeah for sure we might struggle to climb on its past ath or maybe on its huge figures reach but we will never see any huge dip since for sure many people are now having good confidence on bitcoin. But maybe we can see a different phase in 3rd quarter of the year so let see what will happen on it.

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February 09, 2022, 01:51:50 AM
 #73

That's expected. Bitcoin is much more bullish in the long term than the short term. The short term price of Bitcoin is always fluctuating. That's what volatility brings. The price could quickly rise and fall not just in the hundreds but even in the thousands. So playing with Bitcoin's short term price is not only risky but could also be unprofitable. The long term however almost guarantees return of investment. This is the reason why patiently hodling is more interesting than day trading.
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February 09, 2022, 06:28:21 AM
 #74

Predicting the price of bitcoin is not easy, and it is possible that predictions of bitcoin prices reaching $100k will come true in the future, and may be a rational reason to speculate about bitcoin now. But that's not a prediction that actually happened at this time because bitcoin is still experiencing a very sharp decline in price. Predicting the bitcoin price to hit $100k could come true if the adoption or acceptance of bitcoin continues going forward.

I don't see any sharp decline since Bitcoin reached $60k+.
I may not consider this dip as "sharp" decline, $30k is still quite a high price compared to the rest of Bitcoin's price history.
However, $30k might be the bottom price of this dip and that gives Bitcoin more fuel to reach $100k sooner.
$100k target isn't only possible, but it is "very" possible and will eventually happen as Bitcoin grows every year.
It is actually a sharp decline mate , drowning to below 30 in short time means we have already experience that decline .

but recovered to 40k back is a good reason why we need to express our support to Bitcoin.

That's expected. Bitcoin is much more bullish in the long term than the short term. The short term price of Bitcoin is always fluctuating. That's what volatility brings. The price could quickly rise and fall not just in the hundreds but even in the thousands. So playing with Bitcoin's short term price is not only risky but could also be unprofitable. The long term however almost guarantees return of investment. This is the reason why patiently hodling is more interesting than day trading.
Exactly mate, Bullish season comes eventually but of course after the dumping so Bitcoin must experience fall before rising .

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February 09, 2022, 06:58:35 AM
 #75

I don't think this is the best time to buy bitcoin for the long term. Though there was a recent bounce from support to 32к, I would rather wait for a correction. I agree with those who say that the price is still going to fall.But in the long term we might see 100k.
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February 09, 2022, 12:33:18 PM
 #76

I don't think this is the best time to buy bitcoin for the long term. Though there was a recent bounce from support to 32к, I would rather wait for a correction. I agree with those who say that the price is still going to fall.But in the long term we might see 100k.
When exactly?
Do you wait for another correction? We're done already, might it fall again but I think it was not in huge corrections. If you had bought some during its last correction, you'll get in profit now.
But yeah, people have come to their own market speculations but we never know what exactly gonna happen next. That is why we take the option to buy during the dip and sell during bullish. If you have the guts to invest in Bitcoin, I suggest not to wait for another correction as that make you bored on waiting, we are rallying back, right?

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February 09, 2022, 01:10:48 PM
 #77

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?
I was really shocked when i had first seen btc on the value of 900$ ,i never judge it then and i was thinking then how could a coin price become this value .I was starting to learn from them and also tried to read the market .It continuously wondering me when pass the recent value and increasing the value day by day .I can surely say that the bct will hit 100k one day and the world will wonder for sure and we will be lucky person to enter on the market so early .However its true that we have fallen a bit on the recent past but market has started to recover soon and see the price is over 42k$ now .We are expecting that the uptrend and bullish momentum will keep continue on upcoming days .

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February 09, 2022, 01:15:56 PM
 #78

I don't think this is the best time to buy bitcoin for the long term. Though there was a recent bounce from support to 32к, I would rather wait for a correction. I agree with those who say that the price is still going to fall.But in the long term we might see 100k.
When exactly?
Do you wait for another correction? We're done already, might it fall again but I think it was not in huge corrections. If you had bought some during its last correction, you'll get in profit now.
But yeah, people have come to their own market speculations but we never know what exactly gonna happen next. That is why we take the option to buy during the dip and sell during bullish. If you have the guts to invest in Bitcoin, I suggest not to wait for another correction as that make you bored on waiting, we are rallying back, right?

Bitcoin has been below $40k for a long time, now Bitcoin is starting to stabilize above $40k. So I think in the near future the price of Bitcoin will not
correct too deep, maybe it will take a relatively long time if we expect the price of Bitcoin to fall back below the $35k price. So we should have the courage
to decide to invest in Bitcoin right now, because if my prediction is correct the price of Bitcoin should continue to rise to reach the price of $50k
in the near future. Indeed, what I predict is not necessarily true, there is a possibility that Bitcoin will move down again. Therefore, the final decision is
in the hands of each of us, so please just take the decision that we think is right. Because Bitcoin is difficult to predict, so every decision we take is
always a risk.

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February 09, 2022, 05:57:00 PM
 #79

I don't think this is the best time to buy bitcoin for the long term. Though there was a recent bounce from support to 32к, I would rather wait for a correction. I agree with those who say that the price is still going to fall.But in the long term we might see 100k.
When exactly?
Do you wait for another correction? We're done already, might it fall again but I think it was not in huge corrections. If you had bought some during its last correction, you'll get in profit now.
But yeah, people have come to their own market speculations but we never know what exactly gonna happen next. That is why we take the option to buy during the dip and sell during bullish. If you have the guts to invest in Bitcoin, I suggest not to wait for another correction as that make you bored on waiting, we are rallying back, right?
Buying the dip is probably one of the most effective strategies that exist and yet newbies do not implement it, but why? And the answer is incredibly simple, because it is counterintuitive, newbies buy when the price is going up or even at an ATH, they think that if they buy at that time the possibilities of them losing money decrease as they are going with the trend, but buying the dip is effective because those that are able to use that strategy are looking at the long term and do not care that much about the short term fluctuations in the price of bitcoin.
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February 10, 2022, 10:09:47 AM
 #80

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?
you don't have to think hard when time Bitcoin price will touch $100k! because surely Bitcoin will be there...

after putin said he was interested in Bitcoin then there I believe in the future there will be many more countries that make bitcoin a currency, the price of Bitcoin to $100k is still very small, Bitcoin will definitely fly to $500k or moreee.




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