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Author Topic: What do you think about Bitcoin?  (Read 1386 times)
jaberwock
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February 10, 2022, 02:22:27 PM
 #81

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.
I understand that the OP did not say anything about buying but they just expecting too much for bitcoin however your still right, buying now can be a little costly now that bitcoin is now over 40k. People should have bought last time when the value of bitcoin was still under 40k because they can save more with that rates and would it be easier for them to profit when bitcoin moves upward even a just a little.

Market is too confusing right now so cant really agree to those who say that bitcoin could fall again but I have no doubts that bitcoin can reach a hundred thousand dollar value although it might not happen over night because the amount is not small.

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February 10, 2022, 09:11:16 PM
 #82

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.
looks like it's time to wait like you said, waiting for another correction. because at this time the bitcoin trend is starting to recover and if you look at the chart this week it has reached an increase of 19.4% and is certainly very good.
whether bitcoin today will be the same as last year? maybe it will happen but maybe there will be a correction again, everything can still happen because bitcoin is currently not in a stable state.
but there has always been a desire for bitcoin to be able to provide an opportunity to reach the $100K that it didn't achieve last year.

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February 11, 2022, 12:31:08 PM
 #83

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?
The thing that makes bitcoin unique and valuable is its price volatility...

I never expected the price of Bitcoin to continue to rise because if it continues to rise then we all have no chance of making a profit. I also trade in other investment assets and only bitcoin gives me big profit due to the beautiful volatility of its price.

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February 11, 2022, 12:56:14 PM
 #84

we are consolidating in the $43000 zone and if we manage to consolidate in the $43000 zone for a long time then we will be fine, the price will be strong enough to continue its rise towards $47000 and if we break the $47000 then we will be able to reach $50,000. but we also need to be very careful with the question that if the price drops it could go back to $37000 which would definitely not be good because they could push to $34000


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February 11, 2022, 04:32:49 PM
 #85

we are consolidating in the $43000 zone and if we manage to consolidate in the $43000 zone for a long time then we will be fine, the price will be strong enough to continue its rise towards $47000 and if we break the $47000 then we will be able to reach $50,000. but we also need to be very careful with the question that if the price drops it could go back to $37000 which would definitely not be good because they could push to $34000


Bitcoin has been trying to break the $45,000 price resistance recently, but bitcoin just failed to experience higher strength in the market, it's hard to say bitcoin consolidation is currently at $43,000 because I think bitcoin will find it difficult to maintain a longer uptrend line and possibly large will fall even deeper if the market turmoil returns in the near future, but according to some analysis the bitcoin support point is at $41,500, so if what they say is true of course we won't see the bitcoin price fall below $40,000 again like in last January.
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February 11, 2022, 08:50:51 PM
 #86

we are consolidating in the $43000 zone and if we manage to consolidate in the $43000 zone for a long time then we will be fine, the price will be strong enough to continue its rise towards $47000 and if we break the $47000 then we will be able to reach $50,000. but we also need to be very careful with the question that if the price drops it could go back to $37000 which would definitely not be good because they could push to $34000
That 43k price really changed so much for all of us, I mean it is a proof that we did alright and went up and now we are not going down that easily. Doesn't mean that we couldn't go under that price ever again but it just means that we are doing fine as it is right now and it would require an extra leg work to make it happen.

This is why I believe that as long as we are doing fine, we should not be really focusing on anything else, a good strong support allows you to put your back against it and go up a lot better, it is a strong going up and not a fake hyped going up so it does really mean a lot more to me than anything else. That is why I am quite happy about it.

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February 12, 2022, 08:54:54 AM
 #87

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?
The thing that makes bitcoin unique and valuable is its price volatility...

I never expected the price of Bitcoin to continue to rise because if it continues to rise then we all have no chance of making a profit. I also trade in other investment assets and only bitcoin gives me big profit due to the beautiful volatility of its price.
Not really, the volatility makes bitcoin attractive for traders and speculators, what makes bitcoin really valuable are its fundamentals, the ability to send money all over the world without the need for a bank is incredible, and if to this we add that Satoshi established a hard limit to the amount of coins that are ever going to be created then it is easy to see how bitcoin will continue to grow in terms of adoption but also in terms of the price.
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February 12, 2022, 09:20:04 AM
 #88

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.
Your only problem.is that you don't know when will the correction happen and also it's worth mentioning that if you're going for long-term then it's not really your problem of how much is the prices currently because if bitcoin were to grow then you're still going to get profit and you will look back at the time when it was at this price. Don't be too indecisive when it comes to getting into the market, we don't know if this is the last time that we're going to see that price.

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February 12, 2022, 09:35:40 AM
 #89

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.
Your only problem.is that you don't know when will the correction happen and also it's worth mentioning that if you're going for long-term then it's not really your problem of how much is the prices currently because if bitcoin were to grow then you're still going to get profit and you will look back at the time when it was at this price. Don't be too indecisive when it comes to getting into the market, we don't know if this is the last time that we're going to see that price.

It's not a problem per se, everyone didn't know what will be the top price and similar, the floor price. But as you have said, if you are for the long haul then just buy at your convenient and hold for a long time. And we think that we are in a bear market for this year so it's a great opportunity to buy cheap bitcoin and wait like in the next couple of years to sell.

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February 12, 2022, 10:20:39 AM
 #90

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.


This is the sentiment of many failed investors, they are urging the price to reach high and then when fails? they will cry and blame the market because of being volatile lol..

If you cannot wait long then never invest in bitcoin , instead put your money in altcoin that can reach high with faster chances but also can lose your money that fast as well.

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February 12, 2022, 02:33:42 PM
 #91

I wonder when the price of Bitcoin will reach $ 100k +.
If you want to trade futures, some scientists speculate and say, don't ever think $100k for Bitcoin is too soon, now trade Bitcoin short term.

It means:
A lot of investors/entrepreneurs etc, who have jumped into the crypto world, for now Bitcoin is no better for $100k, the reason: they can buy for $39,000 and sell for $42200, as is happening now, the rounds of money can be counted weekly, $3200 profit is in sight, depending on how much they buy, for example: 5BTC multiplied by $3200=16000/week is real, what is $100k for, they only get 2BTC only.

There is a but for you, if you buy Bitcoin at this time patiently waiting for $100k, it doesn't matter, maybe you have to wait for the next 1-3 years, even then it's not certain, if.......

R


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February 12, 2022, 05:37:15 PM
 #92

This is the sentiment of many failed investors, they are urging the price to reach high and then when fails? they will cry and blame the market because of being volatile lol..

If you cannot wait long then never invest in bitcoin , instead put your money in altcoin that can reach high with faster chances but also can lose your money that fast as well.
hoping for bitcoin prices to fly fast is a mistake and a heavy hope...

from $1 to $60k Bitcoin took 10+ years ago to reach $100k more, bitcoin may take 3 to 10 years. let's all of us make bitcoin as a long term investment, don't look in the short term because you definitely won't be satisfied with the increase in price.

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February 13, 2022, 05:12:26 PM
 #93

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 know a lot of people are pessimistic that bitcoin will reach $100k+ but that's not wrong either because until now the adoption of bitcoin has not been that wide, so the price has pumped up.  but for the long term potential, i'm optimistic Bitcoin will surpass $100k+, nothing can stop Bitcoin from bullish high.

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February 16, 2022, 05:56:46 PM
 #94

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.


This is the sentiment of many failed investors, they are urging the price to reach high and then when fails? they will cry and blame the market because of being volatile lol..

If you cannot wait long then never invest in bitcoin , instead put your money in altcoin that can reach high with faster chances but also can lose your money that fast as well.
Unfortunately this is very common, a lot of people see the ads on the Internet about how someone with no experience bought bitcoin and then they became rich and then they want the same for themselves, not understanding that while such a thing is possible very specific circumstances had to happen to produce that result, so when they come to the market with those mistaken ideas and then they realize their dreams were never possible they get disappointed in the market and then they incur massive losses.
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February 19, 2022, 01:36:04 PM
 #95

In my opinion, the Bitcoin price towards the $100k level is just a matter of time. if there is a growing number of positive sentiments for Bitcoin, from adoption to mainstream exchanges to bitcoin approvals in countries like El Salvador. I am optimistic that the price of Bitcoin still has the chance to break the $100k level maybe later this year even though it is currently experiencing a downward trend.

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February 19, 2022, 06:25:40 PM
 #96

In my opinion, the Bitcoin price towards the $100k level is just a matter of time. if there is a growing number of positive sentiments for Bitcoin, from adoption to mainstream exchanges to bitcoin approvals in countries like El Salvador. I am optimistic that the price of Bitcoin still has the chance to break the $100k level maybe later this year even though it is currently experiencing a downward trend.
I think people were very positive about seeing such a price this year, however things have not turned out as we want them, the price of bitcoin is suffering an attack by the bears as they are taking advantage of the FUD created by the situation in Ukraine, and until that is resolved I think any dreams of seeing bitcoin reaching 100k during this year need to be put on hold as there is no way to have a bullish market in the case we see a direct confrontation between the US and Russia.
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February 19, 2022, 06:48:45 PM
 #97

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?
Bitcoin price increases will occur due to high market demand, and as more countries recognize BITCOIN, it will help pump up the price. the recent acknowledgment from russia and ukraine still hasn't made the bitcoin price bull, we'll just have to wait in the next few months, it's definitely going to be bullish.

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February 19, 2022, 11:48:29 PM
 #98

In my opinion, the Bitcoin price towards the $100k level is just a matter of time. if there is a growing number of positive sentiments for Bitcoin, from adoption to mainstream exchanges to bitcoin approvals in countries like El Salvador. I am optimistic that the price of Bitcoin still has the chance to break the $100k level maybe later this year even though it is currently experiencing a downward trend.
I think people were very positive about seeing such a price this year, however things have not turned out as we want them, the price of bitcoin is suffering an attack by the bears as they are taking advantage of the FUD created by the situation in Ukraine, and until that is resolved I think any dreams of seeing bitcoin reaching 100k during this year need to be put on hold as there is no way to have a bullish market in the case we see a direct confrontation between the US and Russia.
Maybe there is but I'm not considering the war conflict between Ukraine and Russia is having a huge impact on the price dragging down as even this the conflict never happens, drops will going to exists. I was now thinking that this year 2022 isn't bullish anymore, unlike last year. Drops can be more persistent at this time than having into the market spike. But honestly, I was liking this situation as I could even buy more anticipating the price surge in the future.
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February 21, 2022, 06:36:02 AM
 #99

I understand your frustration but when you’re dealing with an exponential technology like BTC it’s always difficult to predict.
Many people get their hopes up of where BTC should be valued at this particular moment in time and they get disappointed.
Just be patient, look at the consistent growth and understand that BTC will inevitably hit over 100k.

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February 21, 2022, 08:55:34 AM
 #100

I understand your frustration but when you’re dealing with an exponential technology like BTC it’s always difficult to predict.
Many people get their hopes up of where BTC should be valued at this particular moment in time and they get disappointed.
Just be patient, look at the consistent growth and understand that BTC will inevitably hit over 100k.
In this market, the more you eager to take your slice of cake is the more losing you may have , because in desperation you will make a wrong decisions and will bring you to losses and not so worth investments.

I have learned this the hard way in the past when I keep seeking for big profit and in the end what i get is dumping season.
if you think there is enough profit in your capital then best to let it there and just buy in the next chance when the market subside .

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.  █   ███
. ███  ███   █
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Trade
.
. ▄▄▄▄▄▄▄    ▄▄▌‎▐▄▄
▄█▀  ▄  ▀█ ███▀▄▄▀███
█    █    ████ ▀█▄████
█    ▀▀▀▀ ████▀█▄ ████
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. ▀▀█▄▄█▀   ▀▀█▌‎▐█▀▀
.▄▄▄▄▄
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.   ▀▀▀██████▀▀
Lend
.
.        ▄█
.     ▄███▄▄▄
.   ▀██████████
.     ▀███▀▀▀███
▄    ▄▄  ▀    ▀█
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. ▀▀▀████▀
.    █▀
Swap
.
.     ██▄▄
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.    ████
.  ▄██▄▄▄██▄
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Earn
.

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