Godlovesyou (OP)
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May 11, 2023, 02:51:41 PM |
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The movement of price index has clearly show that the price will not rise this year, is almost half a year now since the price drops, this is far beyond inflation and fiscal policy of the government, I think bitcoin is suffering heavy weight withdrawals and it might end up been this Stuart for the year.
Out of 100% of international market chats bitcoin is beneath the range price counts of crude oil, gas, gold and diamond, that's means bitcoin is far from rising soon. What do you think?
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Ucy
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May 11, 2023, 04:08:54 PM |
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The movement of price index has clearly show that the price will not rise this year, is almost half a year now since the price drops, this is far beyond inflation and fiscal policy of the government, I think bitcoin is suffering heavy weight withdrawals and it might end up been this Stuart for the year.
Out of 100% of international market chats bitcoin is beneath the range price counts of crude oil, gas, gold and diamond, that's means bitcoin is far from rising soon. What do you think?
Hope you are OK, my friend. Bitcoin price has been rising. We have had close to 100% increase in price this year. It will continue to rise until +30,000, then it will drop below 25,000 and start to rise again until it hit new highs. The price will increase shortly for the sake of this post to prove to you it's rising. Let's cross 30,000,is that okay?
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Lorence.xD
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May 11, 2023, 04:19:22 PM |
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If you could check the record of BTC this year you could see the increases of it's value. Of course it's normal for it's price to go up and down due to it's volatility but we could say it's still rising unlike to it's current price before reaching the half of this month. Maybe in the next few months we could see some improvement to it's price. But if there's any issues about BTC i think the transactions fees that take too long due to many users which is still common that could affect people's decision to hodl their BTC.
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Doan9269
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May 11, 2023, 04:30:57 PM |
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The movement of price index has clearly show that the price will not rise this year, is almost half a year now since the price drops, this is far beyond inflation and fiscal policy of the government, I think bitcoin is suffering heavy weight withdrawals and it might end up been this Stuart for the year. You can't draw a conclusion on that, remember bitcoin has gone down the dip to $15,000 before things begin to surge fine till we arrived $29,000 and finally now on $27,000, who knows what may be the aftermath to this occurrences happening about ordinals and high transaction fee, bitcoin may rise or fall more but we can't be accurate with this prediction as to when it may occur, not even now that we are getting closer the the next halvig which will unleashed another bullrun that we all expects, it's better to always remain being speculative in studying the trends on the moves with bitcoin price than concluding yet because anything ca happen anytime soon.
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Zanab247
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May 11, 2023, 04:49:02 PM |
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I don't think, you get the current market price rightly compared to last year when the price decreased to $18k to make new traders worry about the massive bear that was happening in the market till the end of last year. If the market price can rise from $19k to $30k this year 2023 before the price decreased to $27k few hours ago, show that the price of BTC is rising which there is a hope that the price will increase higher to reach $40k before it will return back to bear again. If you have not purchase BTC, I will advice you to visit the market since the price has reduced to $27k because many researchers has predicted massive pumping of BTC this year which people has started experiencing it from the beginning of this year.
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ReiMomo
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May 11, 2023, 06:38:56 PM |
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According to me it is difficult to predict the price of Bitcoin in future, but hope it will rise again. Currently Bitcoin price falls, but it will not continue and some changes will happen in upcoming days. Most of the recent researches indicates that the price of Bitcoin will increase by end of the May 2023. So don't loose your hope that Bitcoin is not rising. Surely it will rise but it will need some time.
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livingfree
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May 11, 2023, 06:46:46 PM |
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The movement of price index has clearly show that the price will not rise this year, is almost half a year now since the price drops, this is far beyond inflation and fiscal policy of the government, I think bitcoin is suffering heavy weight withdrawals and it might end up been this Stuart for the year.
Out of 100% of international market chats bitcoin is beneath the range price counts of crude oil, gas, gold and diamond, that's means bitcoin is far from rising soon. What do you think?
That's okay, so what if it's far from rising soon? Didn't we see how much it was before earlier this year and the lowest that it has been? We need to recognize that the lowest that it has hit earlier this year was $16k. And then last end of the year was $15k. While we see it plummet from $29k down to $26k, it's still a better price from those that it has been right?
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Faisal2202
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May 11, 2023, 07:29:48 PM |
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Out of 100% of international market chats bitcoin is beneath the range price counts of crude oil, gas, gold and diamond, that's means bitcoin is far from rising soon. What do you think?
Well, you may be right, and you know what? it's the beauty of BTC that anyone (not you) tries to predict the BTC price and BTC has the potential to shock you (sorry them). (i hope you got my point). So the point is, no wonder, much bad news came this year plus the fees increment due to BRC-20 tokens (ordinals), pressure from USA banks, and SEC's charges, Despite all of this news, BTC still rising, and it will go for another ATH in 2024 but you are mainly concerned about this year. So, maybe, we could face some bad news and some good news about market and the market will provide us entries to get benefit from the halving. If your main concerns are to get 2x to 5x in this year from BTC then it's not possible but if you want to make money in small portions like by doing swing or day trading then these 6 months will provide great opportunities. Plus, you should provide proof or at least a source to verify your statements.
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coolcoinz
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May 11, 2023, 07:30:37 PM |
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Out of 100% of international market chats bitcoin is beneath the range price counts of crude oil, gas, gold and diamond, that's means bitcoin is far from rising soon. What do you think?
Bitcoin is up 30% from its lows, so tell me again how t is not rising. I feel like you are watching the charts, but have them set to 5m and see only the last couple weeks. Let me ask you 2 questions: 1. What are you looking at when comparing commodities and bitcoin? Gold had its lows in November, pretty much like bitcoin, then rose in January, but went through a correction in February and kept rising in March-May. It's the same exact situation as bitcoin! Gold is now higher than it was in February and so is bitcoin. Don't expect it to go hand in hand all the time. Bitcoin can correct 5% while gold corrects 2% but it's still in an uptrend. Both of them are. 2. Are you worried by bitcoin correcting 10%? If you are then you've invested too much. I hold a decent amount of BTC and I'm not scared at all.
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RewFrew
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May 11, 2023, 07:36:55 PM |
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The movement of price index has clearly show that the price will not rise this year, is almost half a year now since the price drops, this is far beyond inflation and fiscal policy of the government, I think bitcoin is suffering heavy weight withdrawals and it might end up been this Stuart for the year.
Out of 100% of international market chats bitcoin is beneath the range price counts of crude oil, gas, gold and diamond, that's means bitcoin is far from rising soon. What do you think?
Hope you are OK, my friend. Bitcoin price has been rising. We have had close to 100% increase in price this year. It will continue to rise until +30,000, then it will drop below 25,000 and start to rise again until it hit new highs. The price will increase shortly for the sake of this post to prove to you it's rising. Let's cross 30,000,is that okay? Hello brother you told perfect. We also believe Bitcoin price is increasing and within this years it will hit 100% valu. But not now, now Bitcoin price will increase some times and some times its price will decrease. But when bitcoin price will stable avabe $30k and it will stay some days then we called it as a bull run. Although we have to prepared for big down. Because it can be happen any time.
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Bushdark
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May 11, 2023, 07:54:40 PM |
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The movement of price index has clearly show that the price will not rise this year, is almost half a year now since the price drops, this is far beyond inflation and fiscal policy of the government, I think bitcoin is suffering heavy weight withdrawals and it might end up been this Stuart for the year.
Out of 100% of international market chats bitcoin is beneath the range price counts of crude oil, gas, gold and diamond, that's means bitcoin is far from rising soon. What do you think?
We can't confidently say that the price of Bitcoin is going to go down since we don't know the next move the market will be taking. If we say that the price of Bitcoin is going to fall and finally the market goes up then we may be making a big mistake. Looking at the current increase in transaction fee, it shows that they are large amount of transactions that are being taking place in the market and we need to know what we are doing so that we are not going to miss out from the bull market that is coming to us in due time.
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Agbe
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May 11, 2023, 08:14:28 PM |
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You can not just conclude it saying the price will not rise this year, you can't predict the price in the market, because the price always decreasing and increasing do you remember the price was $15k, move to the price reach $30k before the price went back to $29k-$27, and dropped to $26k now so don't predict that the price is not going to rise, We need to recognize that the lowest that it has hit earlier this year was $16k. And the last was $15k, after that he start to talk some bull steps to $29, stand for $29k for some weeks before he reach $30k. And later dropped to $29k, from $29k to $27k, moving from $29k to$27k for weeks, and now it's $26k, even this $26 is not bad.
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Raflesia
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May 11, 2023, 08:14:41 PM |
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Regardless of the current condition, whether it goes up or down, for now, to be honest, I'm not too concerned about this. As for when they go up, then indeed it will be very good for the portfolio that I have now, but when talking about other possibilities they will come back down then I will also feel that it will be very good too because I can come back in the continuation of the DCA that I am doing and the possibility this will also add fattening weight to my assets. All conditions can still occur now. but apart from that, I'm still pretty sure the conditions I'm currently in are correct so with this I don't really care about the current conditions because my target is still for the next few years.
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Hyphen(-)
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May 11, 2023, 08:16:01 PM |
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The movement of price index has clearly show that the price will not rise this year, is almost half a year now since the price drops, this is far beyond inflation and fiscal policy of the government, I think bitcoin is suffering heavy weight withdrawals and it might end up been this Stuart for the year.
Remember, we are expecting a halving next year in 2024, and while I am not sure how the price rose prior to the last halving, I am confident that the Bitcoin price will soon begin to rise once the issue of mempool congestion and high transaction fees is resolved. Out of 100% of international market chats bitcoin is beneath the range price counts of crude oil, gas, gold and diamond, that's means bitcoin is far from rising soon.
Crude oil and gas are closely monitored by governments and high-profile individuals because they are natural resources whose value will always rise because people cannot survive without them, whereas Bitcoin is a digital currency that some governments have yet to accept due to its decentralized system, but it is still on the rise as people around the world adopt Bitcoin. What do you think? We must be patient and trust the Bitcoin process because it provides us with financial freedom. The Bitcoin market will soon rise.
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Jating
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May 11, 2023, 09:11:09 PM |
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The movement of price index has clearly show that the price will not rise this year, is almost half a year now since the price drops, this is far beyond inflation and fiscal policy of the government, I think bitcoin is suffering heavy weight withdrawals and it might end up been this Stuart for the year.
Out of 100% of international market chats bitcoin is beneath the range price counts of crude oil, gas, gold and diamond, that's means bitcoin is far from rising soon. What do you think?
The answer is that we are in the bear market, simply as that. Look at last year, the lowest low is $15,500. And if I'm not mistaken, we have double that up this year when we peak at $31k last month. So to say that it is not rising is very wrong. Maybe the idea of you that bitcoin is going parabolic is also not right in the beginning. There are not assets that can do that, not even BTC. And we are not yet in the bitcoin block halving, that catalyst of the bull run, it will happen next year. So it's better for you to wait or accumulate bitcoin.
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JoyMarsha
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May 11, 2023, 10:49:47 PM |
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The movement of price index has clearly show that the price will not rise this year, is almost half a year now since the price drops, this is far beyond inflation and fiscal policy of the government, I think bitcoin is suffering heavy weight withdrawals and it might end up been this Stuart for the year.
Out of 100% of international market chats bitcoin is beneath the range price counts of crude oil, gas, gold and diamond, that's means bitcoin is far from rising soon. What do you think?
Your claim that bitcoin won't rise anytime soon is, in my opinion, complete crap. The price of bitcoin has been rising as quickly as it can since the start of this year. Due to its nature, you shouldn't expect a sudden price increase; instead, you should expect a fluctuation of price (up and down) till the bull season. In case you've forgotten, Bitcoin's price is unpredictable and subject to change at any time. Within a day, it may offer a wider range of costs than you could have anticipated. Don't undervalue it by assuming that it won't increase this year.
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AmoreJaz
Legendary
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Activity: 3206
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Leading Crypto Sports Betting & Casino Platform
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May 11, 2023, 11:43:48 PM |
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The movement of price index has clearly show that the price will not rise this year, is almost half a year now since the price drops, this is far beyond inflation and fiscal policy of the government, I think bitcoin is suffering heavy weight withdrawals and it might end up been this Stuart for the year.
Out of 100% of international market chats bitcoin is beneath the range price counts of crude oil, gas, gold and diamond, that's means bitcoin is far from rising soon. What do you think?
Your claim that bitcoin won't rise anytime soon is, in my opinion, complete crap. The price of bitcoin has been rising as quickly as it can since the start of this year. Due to its nature, you shouldn't expect a sudden price increase; instead, you should expect a fluctuation of price (up and down) till the bull season. In case you've forgotten, Bitcoin's price is unpredictable and subject to change at any time. Within a day, it may offer a wider range of costs than you could have anticipated. Don't undervalue it by assuming that it won't increase this year. people have high expectations owed to the fact that most of them are here for high profits. hence, they are expecting sudden increase in price. this is why a lot of people are getting disappointed in this market because they thought this is their way to get tons of profits at a very short period of time. well, they now understand that in this market, there's more than meets the eyes.
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Captain Corporate
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May 11, 2023, 11:54:21 PM |
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I still think its not really that much of a big difference and change. I know that it is not going to actually be anything incredibly dangerous or anything to invest, and I think it will be as light as it gets for most people to just keep it holding. If it dropped that would be bad, and there could be some people who would avoid that, but since its normal and not really changing all that much, even when it doesn't go up, that's really fine and not a big deal. I believe that the best thing we could do about the current situation is to just keep holding, maybe it won't go up, I think it may but even if it doesn't that means you just have to hold it a little while longer and that really doesn't mean much, that's fine.
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LogitechMouse
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May 12, 2023, 12:49:00 AM |
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The movement of price index has clearly show that the price will not rise this year, is almost half a year now since the price drops, this is far beyond inflation and fiscal policy of the government, I think bitcoin is suffering heavy weight withdrawals and it might end up been this Stuart for the year.
The market has been up by 86% already at it's peak, and currently it's up by 64%. Do you know what you're saying OP?? We are only at the 5th month of the year, and we know that anytime soon, Bitcoin can go up even more. If you will say that the reason why it will not rise this year is the Ordinals, or BRC-20 hype, it might affected it's price negatively, but I believe that when the hype is over, Bitcoin will start to rise up again soon. It already reached the $30,000 price a few months ago, and it will happen again. I will ask you OP. When do you think will Bitcoin rise then if it will not be this year? Another one is, for you what is the definition of "rise" because I believe that it happened already since we've seen Bitcoin up 64% already year-to-date. I think that the reason why you created a thread like this is because you are one of the investors who are panicking on what's happening on Bitcoin right now. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Sarah Azhari
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May 12, 2023, 01:12:04 AM |
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Out of 100% of international market chats bitcoin is beneath the range price counts of crude oil, gas, gold and diamond, that's means bitcoin is far from rising soon. What do you think?
Everyone is free to have an opinion and associate the price of Bitcoin with other goods. But, one thing you should to know if bitcoin is always be like this in whatever the situation. So, you should be relaxed and don't panic because it will make things worse. Bitcoin is currently not fine because it's in recovery from a spam NFT blockchain attack, and has been stepping recovery that making fee going to be normal. It's good now, I see many transactions from the exchange to the wallet. So I think, bitcoin is getting closer rise.
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