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Author Topic: Will Bitcoin Die or Pump Up in 2023?  (Read 959 times)
Ziskinberg
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December 24, 2022, 01:19:01 PM
 #41

According to Elon Musk, the price of Bitcoin will increase by the end of winter.  And we should not lose hope.  We have to harden our minds.  And everyone needs to hold on to Bitcoin tightly so that it doesn't get traded away from the market.  Whoever has the amount of BTC deposited, rest assured.  And wait, something good will come inshallah.  Inshallah BTC price will increase by mid 2023.  And I believe in Elon Musk's words, so you should continue to believe.  The price will definitely increase.

Of course, I don't have a reason to lose hope and it was not Elon Musk see this situation but many, especially those who are trusting Bitcoin.
However, I'd never expected that this bear season will end up too easily as most likely we still experiencing deep lows and market correction early next year.

The price of Bitcoin will recover and go bullish again but knowing when is likely impossible. Though Elon Musk says something good about the market, he never controls the market which is why I don't believe his saying the price of Bitcoin will rise in mid-2023 as it was only a prediction.

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December 24, 2022, 01:27:14 PM
 #42

According to Elon Musk, the price of Bitcoin will increase by the end of winter.  And we should not lose hope.  We have to harden our minds.  And everyone needs to hold on to Bitcoin tightly so that it doesn't get traded away from the market.  Whoever has the amount of BTC deposited, rest assured.  And wait, something good will come inshallah.  

Even without Elon Musk saying that Bitcoin will make it, we already know that Bitcoin market always recover after the bear market.  Elon Musk is just stating the obvious, I don't know why too many people sensationalized what Elon Musk stated when it is the actual path of Bitcoin if we look at Bitcoin history.

Inshallah BTC price will increase by mid 2023.  And I believe in Elon Musk's words, so you should continue to believe.  The price will definitely increase.

There is also some CEO that predicts Bitcoin will surge to $250k within six months but I highly doubt that will happen and I also don't think that Bitcoin price will increase by mid of 2023, if it is to increase I think last quarter or last month of 2023 is highly possible in preparation of the market for Bitcoin halving.

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December 24, 2022, 09:31:43 PM
 #43

The answer is not either of them! Bitcoin will dump in 2023.

Even Bitcoin price is keep decreasing, it's impossible for Bitcoin to die because every coins are depends on Bitcoin and all of altcoins must suffer first before Bitcoin will die. Speculating Bitcoin price will increase in 2023 is too much optimism, don't forget global recession will happen and people will not have a lot money to invest.
I have the same thought as you, 2023 is still a bearish year, expecting bitcoin to rise in 2023 is a bit optimistic and it's too early to expect a bull run.
But I think we're already in a recession rather than waiting for it to happen, maybe it's not happening all over the world, but many countries are already there. In my area, people are focusing on cutting spending because prices have gone up so much and people are almost no longer interested in investing from real estate to other investments. My prediction is that bear season may last longer than we think.
World is experiencing the worst days. Very few countries were on the progressing side whereas the majority are expecting the downturn. The bear season will last for longer time period. As of now crypto market is moving on the four year cycle. Based on the same we can expect 2024 to be the bullish year. All around the world the spending is minimised. Even the billionaires have advised not to spend much on unwanted expenses.
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December 24, 2022, 10:16:30 PM
 #44


Not sure whether Bitcoin will pump or not in 2023, but for me personally I will continue to hold Bitcoin even though people say that in 2023 there will be a recession and the price of Bitcoin will be corrected but I am ready for this, because in a worse case I have experienced , especially for the upcoming 2023. Moreover, I also don't really care what Elon Musk says about BTC and cryptocurrencies, because I don't want my investment in BTC to depend on what he says.

Elon musk is not an opinion builder in bitcoin matter so investors don't need to rely on what he says anyway but you can only be guided to know when to buy or sell. He is making an assumptive price marketing based on what he thinks but sometimes it goes against the assumption. For now bitcoin is riding on the wave of the season.

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December 24, 2022, 10:24:12 PM
 #45

The answer is not either of them! Bitcoin will dump in 2023.

Even Bitcoin price is keep decreasing, it's impossible for Bitcoin to die because every coins are depends on Bitcoin and all of altcoins must suffer first before Bitcoin will die. Speculating Bitcoin price will increase in 2023 is too much optimism, don't forget global recession will happen and people will not have a lot money to invest.
I have the same thought as you, 2023 is still a bearish year, expecting bitcoin to rise in 2023 is a bit optimistic and it's too early to expect a bull run.
But I think we're already in a recession rather than waiting for it to happen, maybe it's not happening all over the world, but many countries are already there. In my area, people are focusing on cutting spending because prices have gone up so much and people are almost no longer interested in investing from real estate to other investments. My prediction is that bear season may last longer than we think.
This seems like the most likely scenario, not only this will match the natural cycle of bitcoin but it will also match the the difficult economic scenario we are facing, now this reality can be difficult for some people to accept as they are desperate and they want for the price to begin to recover right away, but if they want to recover the money they have lost and make profits then they have no option but to keep holding their coins, however I would not be surprised if during the next year we see a lot of weak hands capitulating and getting rid of their coins.
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December 24, 2022, 10:44:00 PM
 #46

According to Elon Musk, the price of Bitcoin will increase by the end of winter.  And we should not lose hope.  We have to harden our minds.  And everyone needs to hold on to Bitcoin tightly so that it doesn't get traded away from the market.  Whoever has the amount of BTC deposited, rest assured.  And wait, something good will come inshallah.  Inshallah BTC price will increase by mid 2023.  And I believe in Elon Musk's words, so you should continue to believe.  The price will definitely increase.
https://imgur.com/a/XFaaPeI
It's Elon again, why do so many people still believe in Elon after his market manipulation in 2021? he is just trying to get his attention and then take your money. It would be best if you stopped listening to what he says on twitter. Bitcoin will not die and will never die, 14 years is not a long way, but it is not short, and it has been proven that bitcoin never dies, the price drop is only temporary.
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December 24, 2022, 11:48:53 PM
 #47

It's Elon again, why do so many people still believe in Elon after his market manipulation in 2021? he is just trying to get his attention and then take your money. It would be best if you stopped listening to what he says on twitter. Bitcoin will not die and will never die, 14 years is not a long way, but it is not short, and it has been proven that bitcoin never dies, the price drop is only temporary.
There are reasons for those who still believe in Elon Musk's words via Twitter. Especially if they don't feel that Elon Musk is taking everyone's money because Elon Musk earns more money through the businesses he built and also runs in his own way. I just didn't hear Elon Musk when he said the best thing for shitcoin, but I will analyze further if he said the best thing for Bitcoin. Because basically he also likes Bitcoin even though he doesn't often say this through his tweets.

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December 25, 2022, 06:55:49 AM
Merited by fillippone (2), Mr.suevie (1)
 #48

According to Elon Musk, the price of Bitcoin will increase by the end of winter.  And we should not lose hope.  We have to harden our minds.  And everyone needs to hold on to Bitcoin tightly so that it doesn't get traded away from the market.  Whoever has the amount of BTC deposited, rest assured.  And wait, something good will come inshallah.  Inshallah BTC price will increase by mid 2023.  And I believe in Elon Musk's words, so you should continue to believe.  The price will definitely increase.
https://imgur.com/a/XFaaPeI
I think elon musk is just human like  every other person, he might be rich and have a high profile but i think i would make my own research on bitcoin  since no one actually knows  when bitcoin is actually going to hit another ATH.  In the case of hodling of your bitcoin,  i think thats only what we can do now as it has been in the record that bitcoin reached $65k but now its currently at 16k so what we have to do is just to be hopeful that it reachs same height or maybe even surpass it but only time will tell. All this speculation about bitcoin rising next year is good but we should not be surprised if next year actually goes into another bear run.  

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December 25, 2022, 07:45:40 AM
 #49

According to Elon Musk, the price of Bitcoin will increase by the end of winter.  And we should not lose hope.  We have to harden our minds.  And everyone needs to hold on to Bitcoin tightly so that it doesn't get traded away from the market.  Whoever has the amount of BTC deposited, rest assured.  And wait, something good will come inshallah.  Inshallah BTC price will increase by mid 2023.  And I believe in Elon Musk's words, so you should continue to believe.  The price will definitely increase.
https://imgur.com/a/XFaaPeI
Elon Musk can say whatever he wants about his analysis that Bitcoin will experience a price spike at the end of winter. So what about the recognition of Robert Kiyosaki who gave a prediction that Bitcoin investors will get richer in the future.

Both Elon Musk and Robert Kiyosaki have views on the future of Bitcoin, for me we must also have our own views on the future of this king of crypto assets. So far, our belief in Bitcoin may still be consistent compared to Elon Musk, who has changed his views on Bitcoin at times, comparing it to Doge.

R


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December 25, 2022, 08:51:44 AM
 #50

According to Elon Musk, the price of Bitcoin will increase by the end of winter.  And we should not lose hope.  We have to harden our minds.  And everyone needs to hold on to Bitcoin tightly so that it doesn't get traded away from the market.  Whoever has the amount of BTC deposited, rest assured.  And wait, something good will come inshallah.  Inshallah BTC price will increase by mid 2023.  And I believe in Elon Musk's words, so you should continue to believe.  The price will definitely increase.

I'd stop speculating and thinking for a drop next year as to whether we like it or not, it certainly comes but not to the point that it will die.
What I have now is trust and the hope that everything will be okay next year, Not I think for an instant recovery nor to see it bullish but to see Bitcoin move upward at least reaching $30k.

Bitcoin has been tested for many market crashes and criticism but still, we see it surviving, in fact, it was growing more.

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December 25, 2022, 02:13:27 PM
 #51

... however I would not be surprised if during the next year we see a lot of weak hands capitulating and getting rid of their coins.

We've been in a bear market for a year and from what I can see, people are starting to get wiser and tougher. Most people hold their assets very tightly, many remain optimistic, and they have never sold their assets. So it's no surprise that as the market gets more intense, the crash of FTX is a sign that it will be even more challenging in the future. I wouldn't be surprised in 2023, there will be another black swan, or the market will torment us until the weak hands sell all their bitcoin.

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December 25, 2022, 06:40:46 PM
 #52


Not sure whether Bitcoin will pump or not in 2023, but for me personally I will continue to hold Bitcoin even though people say that in 2023 there will be a recession and the price of Bitcoin will be corrected but I am ready for this, because in a worse case I have experienced , especially for the upcoming 2023. Moreover, I also don't really care what Elon Musk says about BTC and cryptocurrencies, because I don't want my investment in BTC to depend on what he says.

Elon musk is not an opinion builder in bitcoin matter so investors don't need to rely on what he says anyway but you can only be guided to know when to buy or sell. He is making an assumptive price marketing based on what he thinks but sometimes it goes against the assumption. For now bitcoin is riding on the wave of the season.

He's not an opinion builder, but more of a pumper. You will probably remember how he promoted Dogecoin on his Twitter account and in the end hundreds of thousands of people invested in this coin which actually had no future and most of them ended up losing. I don't mind how people invest in Dogecoin, but with him who is a big public figure too much promoting it makes the crypto market saturate and in the end when the market corrects there are many holders of Dogecoin who lose and he profit by selling the Dogecoin he own .

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December 27, 2022, 10:41:53 PM
 #53

Snip
I don't think that we have to believe Elon Musk's again although I doubt Kind has ever tweeted.  I think these big whales want to get some benefits by the influencing power of them so I don't think it will be a wise idea to investing by depending on these kind of words or
rumours.
The bitcoin price will be definitely increase But there is no guarantee that it will happen according to their words . Market is still on bearish and there is no new green signal till now. So if you wanna invest in btc now then invest with the strategy of long term in mind and Don't depends on others words for your investing do your atleast a own research before entering in investment.

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December 27, 2022, 11:53:04 PM
 #54

Snip
I don't think that we have to believe Elon Musk's again although I doubt Kind has ever tweeted.  I think these big whales want to get some benefits by the influencing power of them so I don't think it will be a wise idea to investing by depending on these kind of words or
rumours.
The bitcoin price will be definitely increase But there is no guarantee that it will happen according to their words . Market is still on bearish and there is no new green signal till now. So if you wanna invest in btc now then invest with the strategy of long term in mind and Don't depends on others words for your investing do your atleast a own research before entering in investment.
Community or the public wont really be that dumb anymore on believing on what are the words that would be coming out on Elon's mouth.We've seen in the past about his manipulative act that he has

done and we arent that blind on not to learn something from it.If they do make out some stir up on this crypto space then pretty sure that people around arent that fool or dumb
to fall on the same scenario just like on what happened on Doge too.

Die or Pump? Yes, there's only two ways but we shouldnt really forget that a market do compose or bear and bulls which these situations are actually normal.

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December 27, 2022, 11:53:42 PM
 #55

Speculating on someone else's words is stupid because he just tries his best to manipulate the markets but the markets do not react accordingly nowadays and we don't see any big ups and downs in the price of BTC whenever he speaks anything about it. So stop being a sheep, be a leader and lead yourself. Listening to motivators is good, but doing what we want to do is great. I won't speculate much on the stance of BTC in 2023 as you'll not like it for sure, but there's nothing like BTC will ^die^ at all.

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December 28, 2022, 06:15:40 AM
 #56

Speculating on someone else's words is stupid because he just tries his best to manipulate the markets but the markets do not react accordingly nowadays and we don't see any big ups and downs in the price of BTC whenever he speaks anything about it. So stop being a sheep, be a leader and lead yourself. Listening to motivators is good, but doing what we want to do is great. I won't speculate much on the stance of BTC in 2023 as you'll not like it for sure, but there's nothing like BTC will ^die^ at all.

Admittedly, Elon is very good at manipulating prices, not only as he did with the crypto market in 2021 but also with the stocks of the companies he owns. So it's no surprise that many people are still influenced by his statements. In Elon's tweet, he didn't say when the market will go up again, but he said it will, so it's safe to say that this is a pro-bitcoin statement by Elon. But in the end, don't rely on other people's advice to invest, otherwise, we will only lose. Do your own research, because it's our money.

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December 28, 2022, 09:26:00 AM
 #57

According to Elon Musk, the price of Bitcoin will increase by the end of winter.  And we should not lose hope.  We have to harden our minds.  And everyone needs to hold on to Bitcoin tightly so that it doesn't get traded away from the market.  Whoever has the amount of BTC deposited, rest assured.  And wait, something good will come inshallah.  Inshallah BTC price will increase by mid 2023.  And I believe in Elon Musk's words, so you should continue to believe.  The price will definitely increase.


Why would ELon Musk can dictate the price of Bitcoin ? though if he invest all His money Inside bitcoin the possibilities of increasing is really high but remember that there are many things to consider before this happens specially that he is facing trouble in twitter's company nowadays.
so maybe the effect for big investors will be the same as what is happening to his companies.

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December 28, 2022, 10:11:45 AM
 #58

Elon musk is an entrepreneur, he will do all kinds of ways to make his products seen and bought by others. Including the shares, it owns in Tesla. and for crypto Elon is very interested in DOGE and gives life to DOGE in every tweet that mentions the problem of accepting DOGE ko9in payments and the like. This kind of speculation has received a positive response from Elon followers on Twitter, and Elon is indeed very influential. Look at ATH DOGE, those are some of Elon's doings, but some people who enter at high prices will just hold on and hold on, with no gains to be made.
Don't trust other people's investment words too much, we must have guidelines and research to enter and exit crypto investments, technical and fundamental analysis is the thing to do.
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December 28, 2022, 11:09:52 AM
 #59

Bitcoin market will grow not based on anyone's advice or any person.  That is why it is best for us now to be patient with time.  Because now if we are patient we will experience winter morning in the bull market.

There is a halving cycle.  This halving cycle is in the middle of the current period due to which the Bitcoin market is at a standstill.  Or you can say a bear market which is difficult to ever realize in which direction it will change during this period.

Investors are tight now.

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December 28, 2022, 12:15:29 PM
 #60

Maybe best for you guys to stop following those people who have track records trying to manipulate the minds of people for their own gains so that you will not get wrong information which can possibly make you become a bag holder on what they are currently promoting.  Best always to follow your own instinct so better be more knowledgeable than waiting for other people to give a news about what you are trying to gain.

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