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Author Topic: What do you think about Bitcoin?  (Read 1347 times)
Pejoh Asu
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May 08, 2022, 03:45:17 PM
 #141

Today Bitcoin Red again and I read the article on online news that says that Bitcoin will continue to decline, but the strange thing I find there because he says that Bitcoin is very risky and can be hacked without being able to recover, then he compares with the banks or paypal systems or paypal which is proven safer.


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Myleschetty
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May 08, 2022, 10:48:20 PM
 #142

Today Bitcoin Red again and I read the article on online news that says that Bitcoin will continue to decline, but the strange thing I find there because he says that Bitcoin is very risky and can be hacked without being able to recover, then he compares with the banks or paypal systems or paypal which is proven safer.
I will advise you to add the article link next.

There's much wrong information spread about Bitcoin online and this is what makes it important for every crypto investor to educate themselves about the genuine information about Bitcoin.
Yes, Bitcoin can be red for some time and can also be green due to its being volatile in nature but it's being hackable is what I don't agree
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May 09, 2022, 05:01:27 AM
 #143

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?
people have the same hope, Bitcoin can reach a higher price than it ever happened yesterday, for that people always wonder when it happened, just today Bitcoin fell further than yesterday, 10 years Bitcoin just reached the price of 60,000$, do we all have to wait for Bitcoin 5 more years to reach 100k$.

I think anything can happen to Bitcoin in the future.

BTC
Lubang Bawah
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May 09, 2022, 06:52:53 AM
 #144

The current price of bitcoin is still correction, even dropped more than 50% compared to ATH in November, this is a big surprise for us, the beginning of the year when the price of dropping below $ 50k makes me very optimistic that the correction is only temporary and will skyrocket again, unfortunately Until now the market continues red.



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rodskee
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May 10, 2022, 05:01:08 AM
 #145

Today Bitcoin Red again and I read the article on online news that says that Bitcoin will continue to decline, but the strange thing I find there because he says that Bitcoin is very risky and can be hacked without being able to recover, then he compares with the banks or paypal systems or paypal which is proven safer.
then which article was this? and whos involve in this stupid beliefs? comparing to Paypal but can be Hacked Easily ?
do you understand what does that person try to imply?
this means he has no good knowledge about crypto at all and that can be proven with His statement that is contradicting .
Sad that there are still people who tries to believe like this.

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May 10, 2022, 05:35:58 AM
 #146

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?
Someday the price for bitcoin will reach $ 100k+, this is how this system works thanks to halving and limited emission.

In my opinion, bitcoin approval is slightly exaggerated and it is now only in the initial stages. BTC still have to overcome many difficulties and obstacles. But I don't think that bitcoin can be forgotten, because this phenomenon has already had a very strong impact in the world.

I think the situation with bitcon will be approximately identical to what it was in previous years: price drops on corrections and ups after halving (traditionally with some delay). 


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Paul Pogba
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May 10, 2022, 07:58:31 AM
 #147

The first time I heard about bitcoin was in 2014, at that time there was a lot of talk from economists because many countries gave strong warnings to their citizens not to use bitcoin for transactions and assets because there were no guarantors, this made me interested, especially if there was a graph of price increases on the internet. in 2013 and then dropped in early 2014.
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May 11, 2022, 08:52:34 PM
 #148

Someday the price for bitcoin will reach $ 100k+, this is how this system works thanks to halving and limited emission.

In my opinion, bitcoin approval is slightly exaggerated and it is now only in the initial stages. BTC still have to overcome many difficulties and obstacles. But I don't think that bitcoin can be forgotten, because this phenomenon has already had a very strong impact in the world.

I think the situation with bitcon will be approximately identical to what it was in previous years: price drops on corrections and ups after halving (traditionally with some delay). 
The credit will still go the investors because without them those other factors that you said are going to be nothing. People always believe that halving can increase the price, idk if this is true but maybe the reason why price will increase is because many people are going to buy more bitcoins in preparation to the halving event.

Is limited emission you mean, btc mining will become more greener? If that is then it can also magnet investors, big investors like Elon Musk because Elon wants this to happen long time ago. Obviously the price will always drops whenever there is a correction but prices can recover again even without halving.

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May 12, 2022, 07:35:51 AM
 #149

First I hear about Bitcoin is the same thing as Paypal or other processor payments, after hearing a lot about Bitcoin and seeing the increase in Bitcoin prices makes me interested because Bitcoin is decentralization that can go up and down depending on supply and demand.
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May 12, 2022, 01:11:01 PM
 #150

yes the longer the price of bitcoin will continue to rise, as evidenced from 2009 until now the price of bitcoin continues to rise. but of course there are times when the price of bitcoin drops drastically as it is today because the price of bitcoin is very volatile and very sensitive to news related to crypto. but there is no need to worry because one day the price of bitcoin will recover and will reach ATH which is much higher than ATH in 2021.

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May 16, 2022, 09:57:12 AM
 #151

First I hear about Bitcoin is the same thing as Paypal or other processor payments, after hearing a lot about Bitcoin and seeing the increase in Bitcoin prices makes me interested because Bitcoin is decentralization that can go up and down depending on supply and demand.
you've been here since 2017 so yes indeed that you already saw the great increase of 2017 hype , and surely this made  you decide in staying and learning about this currency and profiting .
as I am also at the same boat though I already invested early as i learn about this and did not spend time to wait.
yes the longer the price of bitcoin will continue to rise, as evidenced from 2009 until now the price of bitcoin continues to rise. but of course there are times when the price of bitcoin drops drastically as it is today because the price of bitcoin is very volatile and very sensitive to news related to crypto. but there is no need to worry because one day the price of bitcoin will recover and will reach ATH which is much higher than ATH in 2021.
just trust the coin and keep your funds inside  or else you will lose everything from that lol.

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May 16, 2022, 04:37:27 PM
 #152

First I hear about Bitcoin I think is a payment system that is connected to a credit card, banks and so on as happened to Paypal or other online money systems, the thing that makes me surprised is a significant price fluctuation and makes many people get profit with mining and mining Makes me more interested in knowing about bitcoin.
Even when i heard about bitcoin i did not believe that it will develop to this way and i was thinking that bitcoin is like Gold currency until i noticed that is different from all this but have similar values, because was specifically called a digital currency, when i notice the difference is when i see that gold currency no body use to mine gold why bitcoin people were mining it, and i checked how it regulate and notice that the values is rotational

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June 10, 2022, 08:20:20 PM
 #153

The current price of bitcoin is still correction, even dropped more than 50% compared to ATH in November, this is a big surprise for us, the beginning of the year when the price of dropping below $ 50k makes me very optimistic that the correction is only temporary and will skyrocket again, unfortunately Until now the market continues red.
The current situation is indeed very worrying with the state of bitcoin, where it fell below $30K which has not happened for a long time and is now experiencing, is this a sign that bitcoin will continue to fall to a certain price? and only then will it be able to increase again.

You are also optimistic that many think like that, that bitcoin will not last long in correction but this seems to continue to linger, making optimism turn into doubt. but because of the experience that is often experienced by bitcoin, there is no need for excessive worry, even when corrections occur, we will continue to survive and if we can add to the bitcoin collection again. because in time bitcoin will increase too.

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June 11, 2022, 03:43:09 AM
 #154

Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market.
Not all countries in the world have legalized Bitcoin, what has happened until now is that many countries do not approve of this happening, it can even be called that many countries really hate Bitcoin because of the system they have.

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?
Although it is not known when it will happen, but you have to be sure that for the next few years Bitcoin will reach that price. The best thing in my opinion to do is add and hold Bitcoin as a future asset.

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June 19, 2022, 02:54:28 PM
 #155

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?
If you expect bitcoin price to reach $100k by 2022, then I think it will be difficult for bitcoin to reach $100k this year. Since entering 2022 until now the price of bitcoin is still experiencing a significant price correction, even now the price of bitcoin is back down to the level of $35k. Therefore, I assume bitcoin will still drop to the $33k support area.
Bitcoin did move up to a price of $46K in early February, but unfortunately the sentiment of geopolitical issues that occurred between Russia and Ukraine made the bitcoin price experience a significant correction, even in the last 7 days bitcoin has decreased by 18.70%, and this shows a fairly bad market condition for bitcoin holders at the moment, with the current market conditions, I also have a little doubt that bitcoin will be able to reach $100K in the near future, if possible, of course bitcoin needs a strong push to be able to rebound from the price support level will be on the market later.

Right. Indeed, the bitcoin price correction that occurred in the last few weeks was overshadowed by global sentiment related to geopolitical conditions between Russia and Ukraine, plus the threat of an interest rate hike by the FED which caused bitcoin prices to fall. Even though the price is starting to rise, I predict the bitcoin price will not pass the ATH level last year.

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June 19, 2022, 03:19:25 PM
 #156

Right. Indeed, the bitcoin price correction that occurred in the last few weeks was overshadowed by global sentiment related to geopolitical conditions between Russia and Ukraine, plus the threat of an interest rate hike by the FED which caused bitcoin prices to fall. Even though the price is starting to rise, I predict the bitcoin price will not pass the ATH level last year.

I'd say that bitcoin rates are still not strongly connected with what is happening out. Yes, of course everything affects everything, but bitcoin's rate is still highly manipulated and only whales do decide if to use some information occasion to start a bear trend or to use the same information occasion to start a bull trend. It doesn't matter which are economy news at the moment, you can easily explain how do they work on growing the rate and how on lowing it, at the same time, but the trend is just one way anyhow. Grin

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Vaskiy
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June 20, 2022, 11:54:01 PM
 #157

Right. Indeed, the bitcoin price correction that occurred in the last few weeks was overshadowed by global sentiment related to geopolitical conditions between Russia and Ukraine, plus the threat of an interest rate hike by the FED which caused bitcoin prices to fall. Even though the price is starting to rise, I predict the bitcoin price will not pass the ATH level last year.

I'd say that bitcoin rates are still not strongly connected with what is happening out. Yes, of course everything affects everything, but bitcoin's rate is still highly manipulated and only whales do decide if to use some information occasion to start a bear trend or to use the same information occasion to start a bull trend. It doesn't matter which are economy news at the moment, you can easily explain how do they work on growing the rate and how on lowing it, at the same time, but the trend is just one way anyhow. Grin
Yes, the geopolitical issues weren't making a big knock over the bitcoin market. Just think of the starting days of the war. The market crashed and further it moved forward. Now what is happening with the market looks like the cyclic pattern of growth where the market turns bearish at certain time interval. Compared to the past days, we can experience the external connectivity of the market. However the influence isn't experienced much over the market. The occasion at that moment is connected with the market trend and for inflation and increase in interest rates were connected.

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June 21, 2022, 01:39:16 PM
 #158

First I heard Bitcoin was around the beginning of 2014, at that time there was someone who became a millionaire because of mining Bitcoin, he was successful because he sold a lot of bitcoin in Bittrex and Poloniex at a price of more than $ 1100, this made me curious because we could mining bitcoin by buying specifications Equipment is around $ 1000 and ROI can only be 4 months.


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jokers10
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June 21, 2022, 03:48:31 PM
 #159

Yes, the geopolitical issues weren't making a big knock over the bitcoin market. Just think of the starting days of the war. The market crashed and further it moved forward. Now what is happening with the market looks like the cyclic pattern of growth where the market turns bearish at certain time interval. Compared to the past days, we can experience the external connectivity of the market. However the influence isn't experienced much over the market. The occasion at that moment is connected with the market trend and for inflation and increase in interest rates were connected.

And main problem is that you never know what is on the mind of whales: they can decide to reverse the trend any time. Of course I expect them to wait until despair will be very strong but I was wrong with big bear market forecasting so many times that now I'm sure in just one: I'm not sure in any trend! Grin

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June 22, 2022, 03:19:03 PM
 #160

Yes, the geopolitical issues weren't making a big knock over the bitcoin market. Just think of the starting days of the war. The market crashed and further it moved forward. Now what is happening with the market looks like the cyclic pattern of growth where the market turns bearish at certain time interval. Compared to the past days, we can experience the external connectivity of the market. However the influence isn't experienced much over the market. The occasion at that moment is connected with the market trend and for inflation and increase in interest rates were connected.

And main problem is that you never know what is on the mind of whales: they can decide to reverse the trend any time. Of course I expect them to wait until despair will be very strong but I was wrong with big bear market forecasting so many times that now I'm sure in just one: I'm not sure in any trend! Grin


bitcoin always surprises everyone, with the price suddenly dropping and rising. everyone wants the price to continue to improve but in the field the bitcoin price can not be determined alone.
I think bitcoin price will hit 30k again but not anytime soon. for now the bitcoin market is in an unstable state because the world economy is also in a bad state globally.
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