TimeTeller
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March 08, 2022, 10:58:25 PM |
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I'm not expecting ETF's effect to be that very big. What I'm expecting is the news that it builds that shall create the positive effect to the market. What is a better take is not just look at the highest or all time highs of bitcoin in the history. But also to look at the all time lows, this is a very encouraging and optimistic part of history that shall make you believe that there's more and better price that will come in the future.
I strongly believe, the ATH last year can be surpassed in the next coming years. It may not be this year but if the adoption is growing and the demand is continuously increasing. The probability that we will see another ATH is very high. We can't tell the highest peak yet as its market is still alive. For those who want to see the positive side, you're right, just think of the all time lows, and you will be encouraged to invest on btc.
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OgNasty
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March 08, 2022, 11:08:48 PM |
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The highest price I was able to sell anything at was $57K as we started heading downward. I sure hope that wasn't the best sale I'll ever get. I'd like to at least sell a little over $100K (but it would be nice to sell a lot at $200K). Here's hoping all the financial wizards on Wall Street are able to take over where genuine innovation and engagement left off. I think many of us would like to see a massive bubble, just so we can move on to other things without feeling like we left a bag on the table. It seems clear at least from the community level, that Bitcoin has been losing supporters that helped carry the project here, while coveting support from people like Michael Saylor. It's sad, but so long as we see new highs in the next year, I'll send Michael Saylor a thank you card myself.
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FairUser
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March 09, 2022, 02:51:38 AM |
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I think Bitcoin EFT may be too risky for new investors because it is not close to retail investors with high costs associated with rotation of contracts of up to 5–10%. And to be honest, ATH will hardly be a hot topic for BTC in 2022, but further into the future, we will still be very happy with this market. There's a lot of evidence that a spot Bitcoin EFT will be approved this year, but I don't think it will have a huge impact on the current market.
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aruldaroy (OP)
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March 09, 2022, 04:00:42 AM |
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I'm not expecting ETF's effect to be that very big. What I'm expecting is the news that it builds that shall create the positive effect to the market. What is a better take is not just look at the highest or all time highs of bitcoin in the history. But also to look at the all time lows, this is a very encouraging and optimistic part of history that shall make you believe that there's more and better price that will come in the future.
Bitcoin price is now quite good, because if every year it reaches ATH that is the problem, if there is a sharp decline in bitcoin, it will be considered a Bubble, of course I hope the Bitcoin Spot ETF can be approved by the SEC and it will have a good impact on the price future Bitcoin. It's true that ETF approval has had a huge impact on the increase and support for bitcoin prices to bounce back. As was the case in 2021 when the US Capital Markets Regulator (SEC) would allow American bitcoin futures ETFs to open up new avenues for investors to gain exposure to emerging assets. We hope that the ETF will quickly get good support from the SEC so that it quickly gets approval from the SEC.
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Strongkored
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March 09, 2022, 08:21:50 AM |
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Did bitcoin just become a history in 2021 ago where the price of bitcoin was able to get the most expensive price of $60k and was dubbed the most expensive price in bitcoin history. And Could there be more history in this year or the price of bitcoin will end up below $60k. And ETF may return to support bitcoin as it did in 2021 which gives mainstream investors exposure to bitcoin that will be the starting point for the crypto industry and drive greater acceptance of the digital asset on Wall Street.
This is very likely to happen if the pattern still follows previous years where when BTC reaches its highest price then the following year there is a decline but the pattern can also change. ETF or something new hopefully comes that can have a good impact on Bitcoin so that it can also attract other investors to BItcoin.
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rodskee
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March 09, 2022, 08:24:34 AM |
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Did bitcoin just become a history in 2021 ago where the price of bitcoin was able to get the most expensive price of $60k and was dubbed the most expensive price in bitcoin history. And Could there be more history in this year or the price of bitcoin will end up below $60k. And ETF may return to support bitcoin as it did in 2021 which gives mainstream investors exposure to bitcoin that will be the starting point for the crypto industry and drive greater acceptance of the digital asset on Wall Street.
Every 4 years we are recording the Highest in history so you can post this now but surely in the next 4 years there will be another same thread that History is in the making. ETF? What ETF? do you really believe that this has something to do with the recent pump? and do you really believe that Bitcoin climb that high because of this? Common man , there are so much good things comes in 2021 that we already forgot about that ETF thing.
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Oasisman
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March 09, 2022, 11:26:54 AM |
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I'm not expecting ETF's effect to be that very big. What I'm expecting is the news that it builds that shall create the positive effect to the market. What is a better take is not just look at the highest or all time highs of bitcoin in the history. But also to look at the all time lows, this is a very encouraging and optimistic part of history that shall make you believe that there's more and better price that will come in the future.
Bitcoin price is now quite good, because if every year it reaches ATH that is the problem, if there is a sharp decline in bitcoin, it will be considered a Bubble, of course I hope the Bitcoin Spot ETF can be approved by the SEC and it will have a good impact on the price future Bitcoin. It's true that ETF approval has had a huge impact on the increase and support for bitcoin prices to bounce back. As was the case in 2021 when the US Capital Markets Regulator (SEC) would allow American bitcoin futures ETFs to open up new avenues for investors to gain exposure to emerging assets. We hope that the ETF will quickly get good support from the SEC so that it quickly gets approval from the SEC. There's so much more than the ETF when we're talking about Bitcoin's price pump. One of the main thing is the mass adoption. I remember Bitcoin ETF approval doesn't have that massive impact. As I've said there's more than just the ETF. However, this year might not gonna be as good as the 2021 run, but there will always be a chance for another run especially that more and more government are recognizing Bitcoin.
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Lucius
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March 09, 2022, 11:51:52 AM |
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And Could there be more history in this year or the price of bitcoin will end up below $60k.
If someone has a functional crystal ball maybe they could answer the question, otherwise everything is at the level of mere speculation. You should be grateful that despite everything that is happening, the price of BTC is not a drop much lower than some expected considering the four-year cycle. And ETF may return to support bitcoin as it did in 2021 which gives mainstream investors exposure to bitcoin that will be the starting point for the crypto industry and drive greater acceptance of the digital asset on Wall Street.
Futures-based BTC ETF was not something that should have had a significant impact on the price, because it is not about physically buying BTC, which would definitely have an impact if a physically-based BTC is approved one day in the US. The only thing that is certain is that less than 2 years have passed since halving, and that 2024 is very close - then many will say that they regret not buying BTC under $100k - the same old story that is repeated every few years.
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maydna
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March 09, 2022, 02:09:42 PM |
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The price of bitcoin at $60k a few months ago was indeed the highest price that bitcoin has achieved, but I'm sure that price can still be even higher in the future. Yes, this year, there will be another surprise from bitcoin, and maybe we will see another high price that will be achieved by bitcoin. Hopefully, it becomes a reality to be a sign for altcoins to rise again and reach the next highest price this year because many altcoins have not reached their highest price after a long wait.
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btc_angela
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March 09, 2022, 05:58:28 PM |
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I really don't understand why people started to write off bitcoin when the price goes down.
Yes, we have achieved a all time high last November, but we also have to understand the up and down and the supply and demand. Bitcoin can't just continue to go up and goes on a parabola. Sooner or later the price will have to correct itself and then we have it's 4 year cycle that we have to cope too. Forget about ETF, I don't think it will have a significant effect on the price, on the contrary it could be very well put the market in a bubble.
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batang_bitcoin
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March 09, 2022, 08:49:14 PM |
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I'm not expecting ETF's effect to be that very big. What I'm expecting is the news that it builds that shall create the positive effect to the market. What is a better take is not just look at the highest or all time highs of bitcoin in the history. But also to look at the all time lows, this is a very encouraging and optimistic part of history that shall make you believe that there's more and better price that will come in the future.
I strongly believe, the ATH last year can be surpassed in the next coming years. It may not be this year but if the adoption is growing and the demand is continuously increasing. The probability that we will see another ATH is very high. We can't tell the highest peak yet as its market is still alive. For those who want to see the positive side, you're right, just think of the all time lows, and you will be encouraged to invest on btc. Definitely it will. Just like 2017, that ATH was never thought that it will be surpassed by 2020-2021. I'm not expecting ETF's effect to be that very big. What I'm expecting is the news that it builds that shall create the positive effect to the market. What is a better take is not just look at the highest or all time highs of bitcoin in the history. But also to look at the all time lows, this is a very encouraging and optimistic part of history that shall make you believe that there's more and better price that will come in the future.
Bitcoin price is now quite good, because if every year it reaches ATH that is the problem, if there is a sharp decline in bitcoin, it will be considered a Bubble, of course I hope the Bitcoin Spot ETF can be approved by the SEC and it will have a good impact on the price future Bitcoin. From $38k, there's a quick jump to $42k. This is the kind of good that we always want to see. It's going to have a decline then a sudden quick rise will happen. That's the skyrocket that we don't anticipate to come but when it does, it's really satisfying.
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Rent this sig space so that BTC goes to $100k.
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milewilda
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March 09, 2022, 09:26:03 PM |
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Did bitcoin just become a history in 2021 ago where the price of bitcoin was able to get the most expensive price of $60k and was dubbed the most expensive price in bitcoin history. And Could there be more history in this year or the price of bitcoin will end up below $60k. And ETF may return to support bitcoin as it did in 2021 which gives mainstream investors exposure to bitcoin that will be the starting point for the crypto industry and drive greater acceptance of the digital asset on Wall Street.
Every ATH that we would reach would really be having that corresponding history which people wont really able to forget about just like on that 19k-20k ATH which we had stayed below for a while until we do able to break it and reach out 68k as far as i remember which is a record holding after a decade of Bitcoins existence.We wouldnt know on what would be this year looks like speaking into its price whether we do see new ATH or would keeping below on what we are seeing as of this moment.It would really vary in lots of factors which no person could ever know on where it would be heading.
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henmark
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March 10, 2022, 09:18:43 AM |
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And Could there be more history in this year or the price of bitcoin will end up below $60k.
If someone has a functional crystal ball maybe they could answer the question, otherwise everything is at the level of mere speculation. You should be grateful that despite everything that is happening, the price of BTC is not a drop much lower than some expected considering the four-year cycle. Speculation is speculation, people think that when you make some guesses, that is a given information or like data, it is not. Unfortunately, there are too many people out there who call themselves "influencers" and they say things like "x will go up" or "y will go down" and that is why many newbies think that we are talking here with the same confidence. Reality is that they do not know what they are talking about and neither do we. We just make assumptions and sometimes we are right and sometimes we are wrong. At the end of the day, there is a good amount of deal where we could make a good income from the predictions if we are right, but if we are wrong, we should not take down others with us.
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peter0425
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March 10, 2022, 09:56:26 AM |
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I'm not expecting ETF's effect to be that very big. What I'm expecting is the news that it builds that shall create the positive effect to the market. What is a better take is not just look at the highest or all time highs of bitcoin in the history. But also to look at the all time lows, this is a very encouraging and optimistic part of history that shall make you believe that there's more and better price that will come in the future.
exactly mate, we must take a look at both side and not just for the the record of Growth in which we knew happens after Bear and the bull after bear. this means healthy of market keeps showing for all time so best to check what can bitcoin give and what can bitcoin get. this will further to expect another ATH but at least to expect another Dumping I'm also afraid if people will only look at what can bitcoin give and never for what this can take .
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Lucius
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March 10, 2022, 10:29:32 AM |
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Reality is that they do not know what they are talking about and neither do we. We just make assumptions and sometimes we are right and sometimes we are wrong.
So-called experts or influencers do what they know best to make a profit, and I agree that most have no idea what they are really talking about, but they don't care too much as long as there are enough people who trust them. However, I would not agree that everyone is in the same category and that no one knows anything, especially if we consider this forum and people who do solid analysis, although they may not always be right. At the end of the day, there is a good amount of deal where we could make a good income from the predictions if we are right, but if we are wrong, we should not take down others with us.
In the past 2 months, those who follow Bitcoin could see more than obvious patterns that show how someone very skillfully manipulates the market with a very simple method - "buy low, sell high, repeat all over again". I will not repeat the same things again, but I wrote my opinion on this in this post.
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davis196
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March 10, 2022, 12:26:32 PM |
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Did bitcoin just become a history in 2021 ago where the price of bitcoin was able to get the most expensive price of $60k and was dubbed the most expensive price in bitcoin history. And Could there be more history in this year or the price of bitcoin will end up below $60k. And ETF may return to support bitcoin as it did in 2021 which gives mainstream investors exposure to bitcoin that will be the starting point for the crypto industry and drive greater acceptance of the digital asset on Wall Street.
I guess that you(just like 99% of the Bitcoiners) are obsessed with the Bitcoin price,not with the current condition of the Bitcoin Core blockchain nor the adoption of Bitcoin as a payment method across the globe. Is it really that important for Bitcoin to hit another ATH in 2021?Would it even matter,if the Bitcoin price gets pumped via some price bubble/FOMO phase/artificial ETF hype to 60-70K USD for a week,and then crash back to 30-40K USD?Some traders will make big profits,many naive buyers will buy BTC right before the bubble pops.Long story short,lots of money will change their owners,but nothing else will happen for Bitcoin and the blockchain.Do we really need this? The Bitcoin price makes history,but Bitcoin will not become history,if you know what I mean.
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jaberwock
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March 10, 2022, 08:35:46 PM |
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Reality is that they do not know what they are talking about and neither do we. We just make assumptions and sometimes we are right and sometimes we are wrong.
So-called experts or influencers do what they know best to make a profit, and I agree that most have no idea what they are really talking about, but they don't care too much as long as there are enough people who trust them. However, I would not agree that everyone is in the same category and that no one knows anything, especially if we consider this forum and people who do solid analysis, although they may not always be right. I became friends with an influencer. She is a person who is great at auditing projects but she doesn't charge any money, she works for the people and investors and not for the projects. It means that she has a whole group of people who are investors that follow her, and then if there is a project many people on that group keep wanting all the time, and talk her about it, then she will do an audit for the code itself, and share what she finds. That is a legit person right? Even she gets paid by the companies for sharing it on her website or twitter. Even people who are legit end up getting paid, and maybe it doesn't reflect on what they find, but it does change the tone if she finds nothing. A project that finds nothing is "nothing wrong on this one" whereas one that pays "we are partnering with X project and they are the most awesome code I saw", same zero errors, and yet two different approach.
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batang_bitcoin
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March 10, 2022, 08:41:27 PM |
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I'm not expecting ETF's effect to be that very big. What I'm expecting is the news that it builds that shall create the positive effect to the market. What is a better take is not just look at the highest or all time highs of bitcoin in the history. But also to look at the all time lows, this is a very encouraging and optimistic part of history that shall make you believe that there's more and better price that will come in the future.
exactly mate, we must take a look at both side and not just for the the record of Growth in which we knew happens after Bear and the bull after bear. this means healthy of market keeps showing for all time so best to check what can bitcoin give and what can bitcoin get. this will further to expect another ATH but at least to expect another Dumping I'm also afraid if people will only look at what can bitcoin give and never for what this can take . If these people will start to look at all time lows, they'll understand why is it that many of us are still holding and believing in bitcoin. These slow price movements are normal. These price dumps are normal but in the long term, they'll get to see what we've seen and it will make them realize why bitcoin is considered one of the best assets of all time. These gains are incredibly high compared to other assets over time.
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Rent this sig space so that BTC goes to $100k.
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Lucius
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March 11, 2022, 11:18:00 AM |
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I became friends with an influencer. She is a person who is great at auditing projects but she doesn't charge any money, she works for the people and investors and not for the projects.
I agree that we cannot say that all people who do such work are doing something bad, there are always exceptions. If that person is helping you and others to be successful in their investments and is not yet asking for any compensation, then this is one of those exceptions. However, all those influencers that I personally had the opportunity to see on YT are not worth anyone's time, let alone investments. If you understand Bitcoin at least at a basic level, no one has to tell you what will happen in 1 or 5 years - look back and you will easily understand in which direction we are going.
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Baofeng
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March 11, 2022, 12:02:21 PM |
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I became friends with an influencer. She is a person who is great at auditing projects but she doesn't charge any money, she works for the people and investors and not for the projects.
I agree that we cannot say that all people who do such work are doing something bad, there are always exceptions. If that person is helping you and others to be successful in their investments and is not yet asking for any compensation, then this is one of those exceptions. However, all those influencers that I personally had the opportunity to see on YT are not worth anyone's time, let alone investments. If you understand Bitcoin at least at a basic level, no one has to tell you what will happen in 1 or 5 years - look back and you will easily understand in which direction we are going. Or we can say that everyone is really here for the money, it's that simply. Just a handful maybe that will legitimate help you out. But I would say base on observation, majority of the influencers and the major motivation for them is to make money out of their subscribers, regardless of their experience. And usually those who are loud and making a lot of noise in YT doesn't have any experience at all, and yet they still have a lot of followers, short of just they are blatantly scamming others with their so called experts advise.
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