Sayeds56
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January 11, 2023, 11:32:22 AM |
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please explain me why bitcoin will make another all time high or explain some circumstances in that bitcoin's price will go more low and never or after long times later comes up
There is no guarantee that Bitcoin price will rise again but price of any asset depends on its supply and demand. Unlike fiat currencies, it has limited supply of 21 Millions whereas fiat currencies can be printed in unlimited quantities which causes inflationary pressure & buying power of currencies declines over time. That is why investors believe that Bitcoin is the best asset to hold for long term. With every halving of Bitcoin reward which occurs approximately every four years, reduces the rate at which new Bitcoins are supplied in the market which could, in theory lead to increase in its price, even if demand remains same or goes up.
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Chucksmark
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January 11, 2023, 01:09:07 PM |
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I don't think it is possible for the Bitcoin price not to rise again, because considering the overall market history of Bitcoin for the last 10 years, you will understand that it is still at its optimal performance. Bitcoin has come to stay. What is happening now are normal market fluctuations that will come and go with time.
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klidex
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January 11, 2023, 02:04:20 PM |
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please explain me why bitcoin will make another all time high or explain some circumstances in that bitcoin's price will go more low and never or after long times later comes up
There is no guarantee that Bitcoin price will rise again but price of any asset depends on its supply and demand. Unlike fiat currencies, it has limited supply of 21 Millions whereas fiat currencies can be printed in unlimited quantities which causes inflationary pressure & buying power of currencies declines over time. That is why investors believe that Bitcoin is the best asset to hold for long term. With every halving of Bitcoin reward which occurs approximately every four years, reduces the rate at which new Bitcoins are supplied in the market which could, in theory lead to increase in its price, even if demand remains same or goes up. I agree with your opinion and it is true that bitcoin crypto assets are different from fiat money so they cannot be equated. Bitcoin will experience HALVING every 4 years and when this happens, the price of Bitcoin will increase and be able to make the crypto market strengthen and Altcoins fly following the price of Bitcoin itself. So do not be surprised if Bitcoin can affect the price of other cryptos and crypto markets.
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bounceback
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January 11, 2023, 02:04:48 PM |
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-snip- With every halving of Bitcoin reward which occurs approximately every four years, reduces the rate at which new Bitcoins are supplied in the market which could, in theory lead to increase in its price, even if demand remains same or goes up.
Yes, because the supply of bitcoins is limited, there is a huge potential if the price becomes more valuable when the demand for bitcoins increases and if you look at the history of bitcoin in the past, when the bitcoin halving occurs, the price will soar because during the halving many investors' funds will flow into the market in large quantities and causing massive buying pressure to make the price of bitcoin go up due to limited supply.
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Rana590
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January 11, 2023, 02:44:03 PM |
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I don't think it is possible for the Bitcoin price not to rise again, because considering the overall market history of Bitcoin for the last 10 years, you will understand that it is still at its optimal performance. Bitcoin has come to stay. What is happening now are normal market fluctuations that will come and go with time.
We saw several times in last few years what is possible for Bitcoin. We need to wait patiently for improving the market condition as economic condition of of the world is not going well. Price of the Bitcoin depends on some factors like economic condition, supply demand, support etc. It's time to hold strongly for improving the overall market condition.
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glendall
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January 11, 2023, 02:48:49 PM |
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the answer is very simple from the title of your question what If the Bitcoin Price never come up? there will be no story about what bitcoin and other crypto are until now. we will not see the value of BTC at 50k+ like in 2021
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Beparanf
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January 11, 2023, 02:54:11 PM |
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please explain me why bitcoin will make another all time high or explain some circumstances in that bitcoin's price will go more low and never or after long times later comes up
Because Bitcoin still didn't reach the percentage of mass adoption that most people in the world holds Bitcoin as an investment. Bitcoin prices will keep chasing all-time high if people knew that there will be new investors that will enter Bitcoin in the future. Bitcoin's performance is very consistent in price growth for more than 10 years. I believe that solid price growth history is already sufficient as a basis that Bitcoin will perform much better in the future. There's really no hard evidence that will occur but everything on investment is purely speculation and those willing to risk usually earn the most profit.
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MinoRaiola
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January 11, 2023, 03:02:10 PM |
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please explain me why bitcoin will make another all time high or explain some circumstances in that bitcoin's price will go more low and never or after long times later comes up I'll try to explain it very simply, many have written before me. The price of a Bitcoin depends on the demand. Since there is a limit, which is reached in + 100 years, then the situation is different. Today, there must always be more demand than in comparison to the new created coins and the offered coins. When more people buy Bitcoin, the higher the price rises, because the offer is limited. The same happens when the price falls. The higher the supply and the fewer people who buy it, the price drops.
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fuguebtc
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January 11, 2023, 03:04:51 PM |
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I don't think it is possible for the Bitcoin price not to rise again, because considering the overall market history of Bitcoin for the last 10 years, you will understand that it is still at its optimal performance. Bitcoin has come to stay. What is happening now are normal market fluctuations that will come and go with time.
There is still a chance for that to happen, maybe bitcoin won't rise again, who knows what will happen? But honestly, that possibility is unlikely. In addition to factors such as limited supply, which will cause scarcity, thereby causing the price to increase rapidly, looking at the current situation, bitcoin is attracting a lot of investors to the market because of the profit that it brings. Once the demand is high while the supply is limited the increase is unstoppable. Bitcoin will not only recover but outperform any previous asset if it gains worldwide popularity.
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Yatsan
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January 11, 2023, 03:14:17 PM |
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Then you have to deal with it and seek for a better investment. We cannot demand its market value to move as we like since its market value is solely dependent with majority's demand. There are other cryptocurrencies which could be considered or other industries to choose from if you are just seeking for profit. But reality check; since we are talking about market value which is dependent with demand, sky is simply the limit. It would be impossible for its value to stop increasing if many people are wanting to engage into it; it will just continue rising. There are just seasons wherein there would be a difficulty for such thing to be seen especially in this industry.
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TheUltraElite
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January 11, 2023, 03:20:45 PM |
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please explain me why bitcoin will make another all time high Demand over supply. If people buy bitcoin its demand rises and considering the limited supply the selling price of one bitcoin will rise to keep up with the profits that its traders would wish to get and hence raise the price at which they are bought at. or explain some circumstances in that bitcoin's price will go more low and never or after long times later comes up Bearish trends happen when bad news hit the market, like an exchange getting hacked or someone big dumping their coins or some bad statement about crypto by some big name. Such things drain the price and start a bear trend which gets corrected depending on the gravity of the news. Later on as the correction kicks in from those who were waiting for discounted price to buy at, the price starts rising again. To answer the question in your title, I would suggest you to read the older charts and see how long bear/bull cycles last in the market.
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fzkto
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January 11, 2023, 03:27:35 PM |
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For now bitcoin could be feeling the bearish pressure because of a few events that happened like exchanges being hacked etc, but the secret arsenal it has to guarantee prices go up is its limited supply and all it takes is more increased pressure to come from demand to force prices to go up to fulfill these needs... For now it's a waiting game, stay put.
Nothing changes. Every bull season people expect a price of 1M or modestly 100k, but when their expectations are not met and a prolonged bear market begins, these people start talking about how the price will never recover. They also start burying cryptocurrencies.
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Oneandpure
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January 11, 2023, 03:50:11 PM |
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I'll try to explain it very simply, many have written before me. The price of a Bitcoin depends on the demand. Since there is a limit, which is reached in + 100 years, then the situation is different. Today, there must always be more demand than in comparison to the new created coins and the offered coins. When more people buy Bitcoin, the higher the price rises, because the offer is limited. The same happens when the price falls. The higher the supply and the fewer people who buy it, the price drops.
Current situation still not support yet with Bitcoin and I don't think about supply and demand effective looking for Bitcoin reach higher price later, price not depend on demand on nowadays due many external and internal problem make cryptocurrency on bad situation. Political situation make anything change when Bitcoin at higher price suddenly drop due bigger and most influential country announced or published bad side from Bitcoin. Not easy to make people buy more Bitcoin nowadays, they want to see regulation from Bitcoin and become securing assets for long term investment without break rule from their country leaving.
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indah rezqi
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January 11, 2023, 04:22:47 PM |
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Not easy to make people buy more Bitcoin nowadays, they want to see regulation from Bitcoin and become securing assets for long term investment without break rule from their country leaving. I think some of your assumptions are correct, but I completely disagree that regulation will prevent investors from investing their money in bitcoin. Most countries' regulations for bitcoin do not prohibit bitcoin as an investment asset, but it only prohibit using it as currency. Several countries are starting to revise their rules and will adopt bitcoin as a means of payment, so it will support more market demand as well. Bitcoin is a safe investment asset regardless of state regulations that prohibit it as a currency, that is the reality. The fact is, demand for bitcoin due to its widespread publicity will only make its price higher year after year, it will only be stronger in the future.
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Nrcewker
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January 11, 2023, 04:49:18 PM |
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please explain me why bitcoin will make another all time high or explain some circumstances in that bitcoin's price will go more low and never or after long times later comes up
The price of any commodity (let’s say here Bitcoins) increases, when the demand of the good increases. Basically it works on the demand and supply theory. If the supply is low and demand is high, then eventually in order to fulfil the demand, the price will increase. In case of Bitcoins the supply is not only low but also limited, that is , already a fixed amount of Bitcoins present, no more Bitcoins can be created. So the price will definitely grow. When the demand will increase, this will lead to the rise of the price and we will see this very soon.
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Dr.Bitcoin_Strange
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January 11, 2023, 05:00:12 PM |
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I don't interested in price I interested in bitcoin and it's all unique advantages and technology i asked just general question for price believers
If you are not concerned about price, then you probably are not also concerned with Bitcoin. Considering the fact that you are a newbie, and if you truly are, you need to study more about Bitcoin and answer some questions for yourself. There are so many speculations about Bitcoin's price on this board, especially as the year started, but no price prediction is 100% accurate. If you consider investing in Bitcoin but want to know if the price can come up again, I advise you to invest in a business so you don't feel disappointed about Bitcoin along the way or come back here to blame anyone. If you like to read, check this out https://www.lopp.net/bitcoin-information.htmlDr.Bitcoin_Strange 👺
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milewilda
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January 11, 2023, 06:08:56 PM |
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please explain me why bitcoin will make another all time high or explain some circumstances in that bitcoin's price will go more low and never or after long times later comes up
All time high isnt guaranteed that it would be happening whether we would see another price high above 69k or it would really be at last and the rest would really be lying down below this line, no one really knows. This is what makes this market unpredictable and there's no way that we could really be having that assurance that it would really be going up on the future.It all varies with the demand and recognition which are the main things on which these making things to be possible.This is why when you do invest on Bitcoin then never ever consider yourself in going all in. Market could really be only have two ways which whether it would be going up or going down which it is really still that hard to guess up.
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uneng
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January 11, 2023, 08:29:49 PM |
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For now bitcoin could be feeling the bearish pressure because of a few events that happened like exchanges being hacked etc, but the secret arsenal it has to guarantee prices go up is its limited supply and all it takes is more increased pressure to come from demand to force prices to go up to fulfill these needs... For now it's a waiting game, stay put.
Nothing changes. Every bull season people expect a price of 1M or modestly 100k, but when their expectations are not met and a prolonged bear market begins, these people start talking about how the price will never recover. They also start burying cryptocurrencies. The fact investors lose hopes and bury cryptocurrencies is what give many other people the opportunity to become investors entering the market during a moment when the prices are pretty cheap, so they can benefit from it on its maximum potential for future gains. Where some see an issue, others see an opportunity, and it has been like this on this market since the beginning. Even though expectations are never exactly met, it's undeniable the investment mades in bitcoin are still highly profitable when we compare prices from bearish and bullish past seasons, therefore the chances prices are still going up a lot are superior than the chances of having an eternal stagnant or depreciated market.
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AmoreJaz
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January 11, 2023, 11:53:17 PM |
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please explain me why bitcoin will make another all time high or explain some circumstances in that bitcoin's price will go more low and never or after long times later comes up
All time high isnt guaranteed that it would be happening whether we would see another price high above 69k or it would really be at last and the rest would really be lying down below this line, no one really knows. This is what makes this market unpredictable and there's no way that we could really be having that assurance that it would really be going up on the future.It all varies with the demand and recognition which are the main things on which these making things to be possible.This is why when you do invest on Bitcoin then never ever consider yourself in going all in. Market could really be only have two ways which whether it would be going up or going down which it is really still that hard to guess up. the tangible activities that we are seeing are more adoption stories are being seen everyday such as more merchants trying to include crypto in their payment method, more people are getting involve in this market, big companies are investing on crypto and many more. we may not see the price soaring high fast but i do believe, we will still see it going up. just a matter of time before we see the btc's price going up again.
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noormcs5
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January 12, 2023, 04:02:42 AM |
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please explain me why bitcoin will make another all time high or explain some circumstances in that bitcoin's price will go more low and never or after long times later comes
Those who say that bitcoin price will never come up does not really know about the bitcoin and cryptocurrencies. There is always been up and down phases for bitcoin and currently we are having a bear phase. If you ask me why bitcoin will again make an all time high then you need to understand the fundamentals of it and also understand the current economic model based on fiat currencies and its drawbacks.
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