Will Bitcoin Die or Pump Up in 2023?

[Republikcoin.com]

I also have faith like you. Bitcoin will experience a gradual recovery within this year.
Even though Elon Musk appears as the richest crypto investor in the world, I think he doesn't know exactly when the price will be pumped, he also can't do it alone.

The pump in Bitcoin is indeed not run by someone, because the pumping of the price of Bitcoin in the market at a certain time cannot be separated from the large number of investors or business people like Elon Musk who buy Bitcoin and then hold it with their respective time targets. Elon Musk only has beliefs that are in accordance with his own experience and knowledge so he is just trying to share his thoughts with the public on Bitcoin before the price increase actually happens to Bitcoin.

I believe every financial goal requires patience, dedication and consistent passion knowing that investing is currently the most profitable business in the world, both Bitcoin and other cryptos are truly changing people's lives in a positive way.

For me investing is an additional job in earning income so I will not use money for daily needs on any investment other than my personal money which I basically don't use for anything except for investment. I do this to avoid panic when there is a price drop in the assets I invest. Because everyone must be difficult to know how the price fluctuations in the market for each digital asset such as Bitcoin and other cryptocurrencies.

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[Yamifoud]

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.

It can't be denied that EM is a very influential person in social media but not in crypto. I believe some of his words in regard to business strategies but if we think this could influence the crypto market this year (2023), I simply don't think about it because many people had ignore him.
Bitcoin will rise someday with or without Elon Musk's participation because the market doesn't rely on him nor he is controlling the market. And we couldn't assume that he will do his best to support Bitcoin but rather expect his support to Dogecoin.

[cryptomaniac_xxx]

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.

It can't be denied that EM is a very influential person in social media but not in crypto. I believe some of his words in regard to business strategies but if we think this could influence the crypto market this year (2023), I simply don't think about it because many people had ignore him.

He doesn't have that influence to crypto specially to Bitcoin.

Bitcoin will rise someday with or without Elon Musk's participation because the market doesn't rely on him nor he is controlling the market. And we couldn't assume that he will do his best to support Bitcoin but rather expect his support to Dogecoin.

Yes, there are not people or person that can influence the price to go up, it's up to us retail investors to whether we can bring together to go and push it to all time high again. Regardless we have a catalyst which is the block halving, so with or without any individual, the price will definitely increase because that is the normal process, bear and bull run and probably we will have another bear market this 2023. But come 2024 it will be a different story for us.

[Kryptowerk]

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 Musks prediction probably has a 1 or 2% higher validity than your local hair-stylist's opinion.
Staying in Bitcoin or crypto because some overhyped-polarizing-dude like Elon said it's good kind of misses the point of a decentralized, autonomous, borderless cryptocurrency such as Bitcoin by 100%.

That being said, we are currently in a bear market, created by a couple of huge and even more tiny factors. How long it will last nobody can predict.
My personal guess is that there is a good chance to see a massive bull-market after the next halving in 2024: https://www.nicehash.com/countdown/btc-halving-2024-05-10-12-00
Until then lots of things can happen, maybe we see a few medium-sized ups-and downs.
I wouldn't expect much lower Bitcoin prices than right now, but you can never plan for big Black Swan events such as FTX or maybe a USDT-insovency etc or some crazy government sanctions on mining/energy etc.

A good point to keep in mind: Anyone saying they know what's gonna happen is either stupid or a scammer.

[Lantind]

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

This winter there are two parts. The first is the Northern Hemisphere, and the second is the Southern Hemisphere. The northern hemisphere winter usually falls from December to March, while the southern hemisphere winter falls from June to September. So, which winter was he referring to?

[STT]

Lets look have a look at the full spectrum for the last 5 years or so because thats a fair range to consider for the very extremes BTC can reach swing high and low.   I think we will track out the low extremes during 2023 and hopefully beat them, put them to bed and move onto more interesting growth possibilities.  However it might well take the entirety of 2023 to win that fight or it could be brief and done and dusted by end of Jan, I cant be sure;  to end all negative extremes in one month imo sounds like a forest fire type scorched earth type of fight & preferential to a slow drag the entire 12 months.

[bitterguy28]

Now this is the time mate, as we started the 2023 and seems stagnant to the price from December 2022 and with that I see no big coming for this year but calling it  a Dying or Pumping? the first is over statement lol dying isn't part of the list lol possible pumping seems to be passing this year but in the coming years? or maybe in 2024 or at least 2025   

[Alisha-k]

I have that strong feelings too Bitcoin will pump by mid year of 2023. But in the first half we might experience more bearish push on that is strong enough to wipe off coin values but at the start of the mid year things will begin to change gradually in preparation to the next Bitcoin halving. Bitcoin will pump again no room for panic.

[tygeade]

Now this is the time mate, as we started the 2023 and seems stagnant to the price from December 2022 and with that I see no big coming for this year but calling it  a Dying or Pumping? the first is over statement lol dying isn't part of the list lol possible pumping seems to be passing this year but in the coming years? or maybe in 2024 or at least 2025   

I think doing this on the first week is a funny thing, there are 51 more weeks left to go and people are still making a big deal out of it for some reason. Yes, it is not looking like it is making a big move for the past one month, that's true but why would that be a good or bad thing, it is just a boring fact and nothing more.

I understand that not many people are happy about it but that's fine. I personally wouldn't mind some boring peaceful period so that it would be a bit normal and not give us any heart attacks, I personally want to make sure that everything is looking "not bad" and that's much better than having some great life instead of this.

[Memo101]

Bitcoin is going to be main source of Payments, paper money will get disappear and there will be no more printing of papers 💰💰💰

[Shinpako09]

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's words have little impact now compared to before when he is at his peak. Many do not believe what he always says now. It's better if you believe in your knowledge and guts rather than listening to someone. Remember they also have a motive that's why they are saying such things.

Bitcoin is going to be main source of Payments, paper money will get disappear and there will be no more printing of papers 💰💰💰

When? Do you have any proof, explanation, or source to back up your statement? Or did you just think of it randomly? Paper money vanishing is impossible because of technological differences between other countries. We can't deny that majority of the population is not into crypto or doesn't have an interest even if crypto is well known already.

[Natalim]

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's words have little impact now compared to before when he is at his peak. Many do not believe what he always says now. It's better if you believe in your knowledge and guts rather than listening to someone. Remember they also have a motive that's why they are saying such things.

It was little to nothing, that is what I see. I couldn't make an investment journey lies on the hand of anyone like him. I invest in Bitcoin because it was decentralized and I believe it grow further in the future. I really don't see Elon Musk giving help to the crypto market, a hyped could not be forever and it will just die. This is why I don't like mentioning the name Elon Musk in crypto, he is nothing in the crypto world. Whatever happens this year whether it will pump or it drops, it is not because of Elon Musk but it is due to the changes in market demand and supply.

[CageMabok]

Bitcoin is going to be main source of Payments, paper money will get disappear and there will be no more printing of papers 💰💰💰

What are the basic things that make you think like that now?
Do you know the number of people living in this world who still use paper money every day? And one more thing, you also need to know how much supply of Bitcoin has been circulating and has not been circulating in the market for now. Because if you think that Bitcoin will be enough to be used by all people in this world, I think there is something wrong with your thinking.

Why, because Bitcoin can still be used as the main source of payment without having to eliminate paper money from this world, besides that paper money that is still used by all humans today can be a payment option when someone doesn't have Bitcoin or other digital currency in themselves. So there is no need to eliminate paper money even though there are better payment solutions available for everyone to use.

[justdimin]

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's words have little impact now compared to before when he is at his peak. Many do not believe what he always says now. It's better if you believe in your knowledge and guts rather than listening to someone. Remember they also have a motive that's why they are saying such things.

It's basically a "wish" I suppose, because it is a wish for me as well and I do believe that to be important case. The idea is that many people want it to be the main currency and not some alternative. I do not think that it matters that much, because it causes it to be a bit of a trouble if you just let it be that way, and alternative is better.

But, it could be a bigger alternative that's for sure, like at least have the option for it in more places instead of the few selected places so far. I know it is not loved that much to be this way, but it would be a lot better if we grow and yet still not be the main one, there is that middle ground which we would do best.

[Jating]

Bitcoin is going to be main source of Payments, paper money will get disappear and there will be no more printing of papers 💰💰💰

As much as we wanted to be as the main source of payments, there are a lot of challenges that we have to face, like the volatility and not everyone are willing to accept it. Not sure what you mean by paper money disappearing though, central banks are not going to allow it.

For 2023, the prediction might still be the same, it could trade sideways for the whole year as we are still in the bear market.

So still we better prepared again, who knows, maybe there could be events like FTX that will make a huge impact on the price again and see another lowest for 2023 before eventually rising up next year. But with regards to Elon Musk, he has no influence on the bitcoin market.

[fzkto]

Bitcoin is going to be main source of Payments, paper money will get disappear and there will be no more printing of papers 💰💰💰

As much as we wanted to be as the main source of payments, there are a lot of challenges that we have to face, like the volatility and not everyone are willing to accept it. Not sure what you mean by paper money disappearing though, central banks are not going to allow it.

For 2023, the prediction might still be the same, it could trade sideways for the whole year as we are still in the bear market.

So still we better prepared again, who knows, maybe there could be events like FTX that will make a huge impact on the price again and see another lowest for 2023 before eventually rising up next year. But with regards to Elon Musk, he has no influence on the bitcoin market.

I think it is wrong to say that Elon Musk has no influence on the bitcoin market. He just stopped mentioning cryptocurrency in his tweets for now. But for example, he can influence the market by the fact that his company Tesla will sell or buy bitcoins. Accordingly, it will affect the rise or fall in price. I also think that in 2023 we can expect bad things like another collapse of a big company, like FTX did, but in the second half of 2023 I hope for growth.

[salad daging]

Bitcoin is going to be main source of Payments, paper money will get disappear and there will be no more printing of papers 💰💰💰

What are the basic things that make you think like that now?
Do you know the number of people living in this world who still use paper money every day? And one more thing, you also need to know how much supply of Bitcoin has been circulating and has not been circulating in the market for now. Because if you think that Bitcoin will be enough to be used by all people in this world, I think there is something wrong with your thinking.

Why, because Bitcoin can still be used as the main source of payment without having to eliminate paper money from this world, besides that paper money that is still used by all humans today can be a payment option when someone doesn't have Bitcoin or other digital currency in themselves. So there is no need to eliminate paper money even though there are better payment solutions available for everyone to use.

That's wrong thinking in my opinion, because paper money will never disappear, the majority of people around the world still depend on paper money as their activity.
Bitcoin will only be a second option for further payments, even though in this payment it will be easier, but there will still be a lot of opposition, including some from the government as well, but if you think about eliminating paper money, that is the wrong thought.

So in my opinion those two should coexist as a good solution, and we know some countries have adopted bitcoin but not completely fiat money will just disappear as a simpler shortcut to bitcoin and more mainstream fiat money.

[Mahanton]

Bitcoin is going to be main source of Payments, paper money will get disappear and there will be no more printing of papers 💰💰💰

As much as we wanted to be as the main source of payments, there are a lot of challenges that we have to face, like the volatility and not everyone are willing to accept it. Not sure what you mean by paper money disappearing though, central banks are not going to allow it.

For 2023, the prediction might still be the same, it could trade sideways for the whole year as we are still in the bear market.

So still we better prepared again, who knows, maybe there could be events like FTX that will make a huge impact on the price again and see another lowest for 2023 before eventually rising up next year. But with regards to Elon Musk, he has no influence on the bitcoin market.

I think it is wrong to say that Elon Musk has no influence on the bitcoin market. He just stopped mentioning cryptocurrency in his tweets for now. But for example, he can influence the market by the fact that his company Tesla will sell or buy bitcoins. Accordingly, it will affect the rise or fall in price. I also think that in 2023 we can expect bad things like another collapse of a big company, like FTX did, but in the second half of 2023 I hope for growth.

Not all the time on which we do have some bad history about manipulative act made out by Elon which it do really make the community or the entire market doesnt really make out some significant effect
for whatever things that would come out into his mouth.Even if he would be saying that he would be making investment on Bitcoin but it wont guarantee that it would really make the price rise.
Talking about Die or Pump thing is never been that known or something you could make out some conclusions because market is really that unpredictable.
2023 might be positive or still on bearish state.

[proudhon]

Will Bitcoin Die or Pump Up in 2023?

Bitcoin is already dead. There will be no pumps in 2023 unless you flip the price chart upside down.

[CageMabok]

Bitcoin is going to be main source of Payments, paper money will get disappear and there will be no more printing of papers 💰💰💰

---Snip---

That's wrong thinking in my opinion, because paper money will never disappear, the majority of people around the world still depend on paper money as their activity.
Bitcoin will only be a second option for further payments, even though in this payment it will be easier, but there will still be a lot of opposition, including some from the government as well, but if you think about eliminating paper money, that is the wrong thought.

I hope you understand what I said above even asking Memo101 a little question because he thinks differently and a little less logically in my opinion. But if you say that what I said is wrong, it means you don't understand what I said and you need to read it again to understand. However, if what you are expressing is for the same person (Memo101), it means that you are almost of the same mind as me. Because I also don't think paper money will be simply eliminated by any government as long as it can still be used by the public in terms of paying.

So in my opinion those two should coexist as a good solution, and we know some countries have adopted bitcoin but not completely fiat money will just disappear as a simpler shortcut to bitcoin and more mainstream fiat money.

Yes, I already know about that and maybe Memo101 still doesn't know about this so his thinking is very different from most other people and I think that is very natural because he is still a newbie who needs to learn a lot to gain knowledge. I think now he also understands because you and I have given him a little more logical understanding.