Treating bitcoin as a teenager.

[Lida93]

I have read many articles exaggerating bitcoin price prediction's from both those who claim to be professionals and diverse bitcoin enthusiasts which I felt the necessity within to drop this piece figuratively.

We are expecting too much from bitcoin in just a short time of about 13years since it's creation. By logic bitcoin is just a teenager who has not yet attained the status of adulthood like the forex market for example, yet it has penetrate and saturate the financial market (global economy) becoming the talk of the town in the internet like it has been here 50 years ago.

The high expectations should be moderated so we can be able to appreciate the milestone growth bitcoin price has made. Commensurable with its age bitcoin price is doing great and only those who are not highly expectant setting their price  scale at a great distance of 100k, 150k, 200k will care to appreciate the feat, some even predict as high as $1M in the next bull run and when the price doesn't go even close as expected they complain that the performance of bitcoin has been poor.

And this can be so discouraging for investors that planned on long term hodling with such a high expectancy. Learn to treat bitcoin like a teenager that's just coming up and still has its future ahead of it and stop the unequal comparison with other financial instruments like gold that have been around for decades.

A number of persons might suggest i move the topic to speculation board, however I fondle it also suites here because the topic is not giving a prediction for BTC price but otherwise.   

[wallet4bitcoin]

I have read many articles exaggerating bitcoin price prediction's from both those who claim to be professionals and diverse bitcoin enthusiasts which I felt the necessity within to drop this piece figuratively.

We are expecting too much from bitcoin in just a short time of about 13years since it's creation. By logic bitcoin is just a teenager who has not yet attained the status of adulthood like the forex market for example, yet it has penetrate and saturate the financial market (global economy) becoming the talk of the town in the internet like it has been here 50 years ago.

I've said this prior, the likes of MCaffee was much of a maximalist but his specuations about bitcoin still didn't come through, although he didn't have much facts backing his speculation rather than being a maximalist who has a sizeable amount of it.

We must give and allow time for Bitcoin to gain the traction and global acceptance it requires before certain projections can be achieved.

[Mate2237]

We can't stop the prediction now because it from the onset. And it is this high expectancy of prediction that making people to have hope and invest in it. So the prediction is necessary as for me. That expectation is interesting part of bitcoin. Yes as you said, bitcoin is still in it teenage age but it matured pass it colleagues in the ecosystem. I don't think the prediction can be moderated because there is a freedom of speech and everyone has the right to predict any amount of their choice.

It is the predictions that making Investors to come more so it will not discourage them but instead it bring more people to invest in it.

[CryptoHeadlineNews]

The high expectations should be moderated so we can be able to appreciate the milestone growth bitcoin price has made. Commensurable with its age bitcoin price is doing great and only those who are not highly expectant setting their price  scale at a great distance of 100k, 150k, 200k will care to appreciate the feat, some even predict as high as $1M in the next bull run and when the price doesn't go even close as expected they complain that the performance of bitcoin has been poor.

Yes, it's true that Bitcoin is still a teenager, but a teenager that did out performed beyond the world's expectations by being a currency now widely use which has no barrier, and yet offers a smooth and a very fast means to transacting funds to people across borders in few seconds. However, those speculations you see people saying are what have occurred before while Bitcoin was still at more teenage age, and as such still likely to repeat it's in near future after halving.
Hence, if you can have a look at the image below, you will noticed that 365 days later after 2012 halving, the price of Bitcoin skyrocketed over 8,069%, and likewise how 365 days later after 2016 halving, the price of Bitcoin skyrocketed 284%, and same as 365 days after 2020 halving, how the price of Bitcoin went 559%, of which after 365 days after next year's 2024 halving, we are likely not to expect anything less than 200% increase in the price of Bitcoin



Image credit: Coindeck

[The Cryptovator]

I can agree on that; we have been expecting too much from Bitcoin lately. We can realise that when we see the current unrealistic predictions about the price of bitcoin. Bitcoin is unstoppable, and I admit it's on the primary stage yet. Bitcoin doesn't have mass adaptation yet, like the stock market. Bitcoin would reach $1 million as well, but we need a lot of time to see it. The world is moving forward with digitization, so our next generation will move with that. A lot of new investors, including institutional investors, are starting to move into Bitcoin. So yeah, once Bitcoin matures, we will see a huge impact.

[Baofeng]

I have read many articles exaggerating bitcoin price prediction's from both those who claim to be professionals and diverse bitcoin enthusiasts which I felt the necessity within to drop this piece figuratively.

We are expecting too much from bitcoin in just a short time of about 13years since it's creation. By logic bitcoin is just a teenager who has not yet attained the status of adulthood like the forex market for example, yet it has penetrate and saturate the financial market (global economy) becoming the talk of the town in the internet like it has been here 50 years ago.

To be honest, I treat it as still in it's infancy, and as much as we predicted the price based on it's past performance, in just like 13 years of age, the data is still inadequate in my opinion.

The high expectations should be moderated so we can be able to appreciate the milestone growth bitcoin price has made. Commensurable with its age bitcoin price is doing great and only those who are not highly expectant setting their price  scale at a great distance of 100k, 150k, 200k will care to appreciate the feat, some even predict as high as $1M in the next bull run and when the price doesn't go even close as expected they complain that the performance of bitcoin has been poor.

Yeah, just imagine if we reach like what have been predicted in the next bull run, of about $100k-$180 give and take. So think about it when we enter the following bearish market and the price goes and fluctuate around $50k-$75k, by standards it is still big amount for us specially those early bag holders and yet we can say that we are in bear market?

And this can be so discouraging for investors that planned on long term hodling with such a high expectancy. Learn to treat bitcoin like a teenager that's just coming up and still has its future ahead of it and stop the unequal comparison with other financial instruments like gold that have been around for decades.

On the contrary, if might just magnified what HODLing can really do for us in the long term. Very volatile asset but if we could just accumulate as much as we can and then see how it goes for us, whether newbies or experience investors.

[komisariatku]

I have read many articles exaggerating bitcoin price prediction's from both those who claim to be professionals and diverse bitcoin enthusiasts which I felt the necessity within to drop this piece figuratively.

For me, people who have popularity definitely have an impact when talking about bitcoin, including predicting the price of bitcoin in the future. Although sometimes their predictions are off the mark and the price is too high.

More people predicting the price of bitcoin will create positive news for bitcoin and this will make it work organically and more people will do it interested in holding bitcoin. Influential people like Robert Kiyosaki and Elon Mask often exert significant influence when talking about Bitcoin or predicting Bitcoin prices.

[bluebit25]

Yep, the perspective from which the OP evaluates and considers it as a teenager is also very interesting, but I don't know for sure whether it has limited development or not, so I don't attach to it because I believe that the ability to develop is limitless.

Many years ago I was very confused when talking about Bitcoin, and to this day that confusion still remains, it's just that the process of being exposed to Bitcoin made me love the possibilities it solves and the way if we accept and apply it in specific industry fields. Currently, I personally still think that Bitcoin(crypto) is something very new, as not everyone knows about it, so understanding its operation is also far away.

[Nwada001]

The high expectations should be moderated so we can be able to appreciate the milestone growth bitcoin price has made. Commensurable with its age bitcoin price is doing great and only those who are not highly expectant setting their price  scale at a great distance of 100k, 150k, 200k will care to appreciate the feat, some even predict as high as $1M in the next bull run and when the price doesn't go even close as expected they complain that the performance of bitcoin has been poor.

We can't moderate others minds, but we can moderate what we think  individually. We, as individuals, or, let me say, as bitcoinners, can moderate our own level of expectation towards what we want the price of bitcoin to be in the future, and this expectation is easily driven by recent happenings and speculation around the network.
 
But to some point we can't moderate the minds of those who are coming new into the crypto world, and even most old bitcoiners also fall into the same category of always expecting much from the network, forgetting the fact that too much expectation of something is equally what leads to disappointment.

Having too much hope that it will hit an exact price in a predicted period of time is really something craze for us to do. There is nothing bad in expecting an asset hold by someone to do well, but overdoing it usually has some negative effects when it doesn't happen as we expected it to.

[Lida93]

We can't stop the prediction now because it from the onset. And it is this high expectancy of prediction that making people to have hope and invest in it. So the prediction is necessary as for me. That expectation is interesting part of bitcoin. Yes as you said, bitcoin is still in it teenage age but it matured pass it colleagues in the ecosystem. I don't think the prediction can be moderated because there is a freedom of speech and everyone has the right to predict any amount of their choice.

It is the predictions that making Investors to come more so it will not discourage them but instead it bring more people to invest in it.

The high expectations predictions sure can be moderated provided we all respectively decides to be intentional with our predictions and not out of a freedom of speech as you stated and not using bitcoin price prediction as a medium to sell our personality and institution to public notice. Because I observe these millionaires we classify as whales pull up some of these figures from nowhere just to sell their name in the news.

Whether we predict the price so high or moderate new and more investors will continue to resurface bitcoin doesn't need our high predictions to attract in new investors. A good investor would have to do his own research and know for himself to invest in a project or not and not by what the crowd are chanting.

[passwordnow]

It is okay to speculate and predict with high predictions and that's what freedom of expression is. We all know that Bitcoin is still young considering that many people think that it's highly priced already and way too expensive for them to buy. But that's not the point, we're basing its performance in the past and those high speculations are basing it from there.

And it is a normal thing because bitcoin is highly speculative and this is what this market is all about, a speculative market just as how its main asset is in. I understand the point and people shouldn't expect a lot so when it isn't reached, you don't get hurt with your feelings. That is a good concern.

While the time passes by, you'll see more high price speculations especially when it starts to hit the 6 digits mark. That's where most of the gurus, crypto experts and even normal enthusiasts will be happy to predict their own numbers and it's going to be everywhere. This is one of the great beauty of this market, we're all free here, free to come, free to go, free to predict, free to listen but taking those it's all up to us.

[nakamura12]

While the time passes by, you'll see more high price speculations especially when it starts to hit the 6 digits mark. That's where most of the gurus, crypto experts and even normal enthusiasts will be happy to predict their own numbers and it's going to be everywhere. This is one of the great beauty of this market, we're all free here, free to come, free to go, free to predict, free to listen but taking those it's all up to us.

You forgot another free thing to do and that is free to buy any amount we want. I do agree with you that some people do say that it is expensive for them to buy but I think they are not thinking that you may buy in smaller amount and doesn't have to be a Bitcoin when they want to buy. I am sure you know what I mean about it and if they bought Bitcoin like $1000 then that's what they will have but the amount won't be the same as it depends on the price. Well see what they will do when it happen.

[passwordnow]

While the time passes by, you'll see more high price speculations especially when it starts to hit the 6 digits mark. That's where most of the gurus, crypto experts and even normal enthusiasts will be happy to predict their own numbers and it's going to be everywhere. This is one of the great beauty of this market, we're all free here, free to come, free to go, free to predict, free to listen but taking those it's all up to us.

You forgot another free thing to do and that is free to buy any amount we want. I do agree with you that some people do say that it is expensive for them to buy but I think they are not thinking that you may buy in smaller amount and doesn't have to be a Bitcoin when they want to buy.

Yeah, thanks for adding that. We're free to buy any amount at any time. That's also one of the best things that we can always remember about Bitcoin. People think of the high price but they don't want to dive in and believe that they can buy at any price that they wish to when they have the money ready to buy in for the market.

I am sure you know what I mean about it and if they bought Bitcoin like $1000 then that's what they will have but the amount won't be the same as it depends on the price.

Yeah mate, no worries. I understand it and that's what they're also missing when they just look at the projection of the price of Bitcoin and then forget everything about it. They can buy cheaply but of course they'll only get a certain quantity of Bitcoin since the price is higher but they're forgetting that many times Bitcoin got into a bearish turn and they did just ignored it.

Well see what they will do when it happen.

What they like to do is to buy when it's moving up because FOMO is real by that time.

[btc78]

We can't stop the prediction now because it from the onset. And it is this high expectancy of prediction that making people to have hope and invest in it. So the prediction is necessary as for me. That expectation is interesting part of bitcoin. Yes as you said, bitcoin is still in it teenage age but it matured pass it colleagues in the ecosystem. I don't think the prediction can be moderated because there is a freedom of speech and everyone has the right to predict any amount of their choice.

It is the predictions that making Investors to come more so it will not discourage them but instead it bring more people to invest in it.

that’s true
but it could also drive away beginners thinking it’s too good to be true especially if the price is way too high or maybe even think that cryptocurrency in general is a scam 

i think we all should aim to teach new investors the risks and how they should manage their expectations or lest they make the wrong decisions

[serjent05]

And this can be so discouraging for investors that planned on long term hodling with such a high expectancy. Learn to treat bitcoin like a teenager that's just coming up and still has its future ahead of it and stop the unequal comparison with other financial instruments like gold that have been around for decades.

This is what we call speculation and I don't know why it is discouraging for investors.  Since many investors see huge potential in the Bitcoin market, being a teenager as discussed, it has huge potential to grow way more than our expectation.  Like a promising genius teenager, parents and people who knows this genius teenager will also predict and expect great things from this teenager. 

In short, it is normal to expect something great if the performance of Bitcoin shows great things.  It should not be a discouragement for investors but rather it should be an encouragement to hodl and accumulate more Bitcoin to get more profit in the future.

[Dr.Bitcoin_Strange]

Your logic is quite interesting, but it is what it is. Bitcoin is still young, but many people wants it to be worth a million even before it turns 18 years old, when we can actually consider it a full adult. Although it's just a lot of speculation for some people, for those who actually take those predictions so seriously, they end up getting disappointed if the price actually doesn't get to what they had expected. For me, I accept my faith in whatever outcome I get and am not very bet on resting my hope on one thing. Let's assume that Bitcoin doesn't get to $100k this coming bull market. I don't see myself getting affected in any way unless the fact that I might not actually achieve the profit I was expecting means that if I don't get the profit, I could still sell off some holdings and wait for the bear market to buy more.

[Assface16678]

The ones that expect too much from bitcoin and complain if they don't get what they expect are the new ones. I mean, they've entered bitcoin lately because of the hype. They joined it and invested in it, thinking that in an instant they could earn a lot from it, but it's not. That's why they are the ones that complain too much about bitcoin, but for those who're in bitcoin even at its lowest price, they understand a lot about bitcoin, like what the OP says's bitcoin still has a lot of potential in the future. Imagine that bitcoin is still strong after several years, indicating that bitcoin will still be strong and has the potential to grow. What I'm referring to is its technology; bitcoin can still be used in many things; we never know. That's why I don't listen to the people who complain too much about bitcoin, because I know they are the inpatient ones.

[thecodebear]

I have read many articles exaggerating bitcoin price prediction's from both those who claim to be professionals and diverse bitcoin enthusiasts which I felt the necessity within to drop this piece figuratively.

We are expecting too much from bitcoin in just a short time of about 13years since it's creation. By logic bitcoin is just a teenager who has not yet attained the status of adulthood like the forex market for example, yet it has penetrate and saturate the financial market (global economy) becoming the talk of the town in the internet like it has been here 50 years ago.

To be honest, I treat it as still in it's infancy, and as much as we predicted the price based on it's past performance, in just like 13 years of age, the data is still inadequate in my opinion.

Yep. While Bitcoin may be a teenager in human time scale, at 15 years now, in terms of its own maturity it is still far from adolescence. I'd say its not quite an infant anymore, I'd say it broke out of infancy in 2017, but definitely like little kid stage haha. By the mid-2030s, when the average person doesn't think Bitcoin is a scam, or doesn't think the last peak was the highest Bitcoin will ever go, or thinks its going to zero, or its outdated old tech, or its illegal, and when it becomes normalized to own Bitcoin, then we could say Bitcoin is reaching is in its teenage years. Adulthood for Bitcoin would be when its actually normal and common to buy things with Bitcoin, but that'd probably like 20 years out from now. It's still a little kid for now.

[OcTradism]

I have read many articles exaggerating bitcoin price prediction's from both those who claim to be professionals and diverse bitcoin enthusiasts which I felt the necessity within to drop this piece figuratively.

Believe in yourself and to have solid belief, you must have knowledge about Bitcoin. Most important thing to master is Bitcoin's Controlled supply.

From Wiki, you can expand your knowledge about it with How is the 21 million Bitcoin cap defined and enforced? and Bitcoin Equivalent Network Time

We are expecting too much from bitcoin in just a short time of about 13years since it's creation. By logic bitcoin is just a teenager who has not yet attained the status of adulthood like the forex market for example, yet it has penetrate and saturate the financial market (global economy) becoming the talk of the town in the internet like it has been here 50 years ago.

Consider Bitcoin as Bitcoin and don't try to consider it as a teenager or adolescent or elderly.

The bullish case for Bitcoin.

Talk about Bitcoin and Internet, Bitcoin has a sharper adoption curve than Internet.

[DanWalker]

~snip~

Learn to treat bitcoin like a teenager that's just coming up and still has its future ahead of it and stop the unequal comparison with other financial instruments like gold that have been around for decades.

I don't see any inequality in bitcoin when people compare it to assets like gold or real estate. Many people even confidently believe that bitcoin is better than everything and superior in every aspect from profits to safety, no asset can surpass bitcoin. LAUGH!

You're right, not only do people have too high expectations for bitcoin, but many people even over-exaggerate about bitcoin. They not only expect bitcoin to reach 1 million dollars or 1 satoshi will be equal to 1 USD, but they also want bitcoin to save the world from poverty, reduce unemployment and bring peace to the world...they ask for too many things that are beyond what bitcoin is capable of.

[pinggoki]

The ones that expect too much from bitcoin and complain if they don't get what they expect are the new ones. I mean, they've entered bitcoin lately because of the hype. They joined it and invested in it, thinking that in an instant they could earn a lot from it, but it's not. That's why they are the ones that complain too much about bitcoin, but for those who're in bitcoin even at its lowest price, they understand a lot about bitcoin, like what the OP says's bitcoin still has a lot of potential in the future. Imagine that bitcoin is still strong after several years, indicating that bitcoin will still be strong and has the potential to grow. What I'm referring to is its technology; bitcoin can still be used in many things; we never know. That's why I don't listen to the people who complain too much about bitcoin, because I know they are the inpatient ones.

Can't blame them though, they've probably heard of bitcoin from people that have hyped it up and probably have told them that the returns in investing in bitcoin is probably pretty high and that they can multiply it in such a speed that they got into it out of fear of missing out on potential profits and then they get in and they end up getting paying the wrong price which is experiencing losses because they bought at the wrong time. Don't close too quickly your mind in regards to people who complain, you can always listen to them complain but always take their words with a grain of salt.

[taufik123]

Your logic is quite interesting, but it is what it is. Bitcoin is still young, but many people wants it to be worth a million even before it turns 18 years old, when we can actually consider it a full adult. Although it's just a lot of speculation for some people, for those who actually take those predictions so seriously, they end up getting disappointed if the price actually doesn't get to what they had expected. For me, I accept my faith in whatever outcome I get and am not very bet on resting my hope on one thing. Let's assume that Bitcoin doesn't get to $100k this coming bull market.
-snip-

To be precise, Bitcoin is now 14 years old and this is still very young for Bitcoin.
But seeing the many impacts that occur in the economic sector Bitcoin plays a role as the most desirable digital asset,
Bitcoin is growing well until now with several adoptions made.

People who only speculate about the price of Bitcoin that can reach $1 million or even more because they are too obsessed with Bitcoin and want Bitcoin to reach that price. For me, I don't really expect an unreasonable price for now.

Just $100k if it is really achieved is my first target point.
But if as you said, Bitcoin is not able to reach the ATH of $100k and tends to be below that is certainly not a problem,
$80k-$90k is a good enough price to take some profits.

[Blitzboy]

It seems hesitant and overprotective. Bitcoin is only 13 years old, but in tech, thats a lifetime. Digital assets like Bitcoin mature faster than traditional assets due to rapid technological and market changes. Its a prodigy entering adulthood waiting to shake up the status quo.

Many are distracted by gold and forex comparisons. Bitcoin is uniquely different. This is a technological revolution in decentralisation and blockchain technology, not just another financial instrument. Its unfair to compare its growth to centuries-old assets.

High price forecasts are sometimes unrealistic. But arent innovation and market disruption always disruptive? Big dreams drive big results. Despite constant scepticism, Bitcoin has always proven them wrong. Not simply price, but underlying worth and revolutionary potential. That should be prioritised.

[posi]

Your logic is quite interesting, but it is what it is. Bitcoin is still young, but many people wants it to be worth a million even before it turns 18 years old, when we can actually consider it a full adult. Although it's just a lot of speculation for some people, for those who actually take those predictions so seriously, they end up getting disappointed if the price actually doesn't get to what they had expected. For me, I accept my faith in whatever outcome I get and am not very bet on resting my hope on one thing. Let's assume that Bitcoin doesn't get to $100k this coming bull market.
-snip-

People who only speculate about the price of Bitcoin that can reach $1 million or even more because they are too obsessed with Bitcoin and want Bitcoin to reach that price. For me, I don't really expect an unreasonable price for now.

Just $100k if it is really achieved is my first target point.
But if as you said, Bitcoin is not able to reach the ATH of $100k and tends to be below that is certainly not a problem,
$80k-$90k is a good enough price to take some profits.

I agree with you on this, too many people are haunted by bitcoin's past. Just because bitcoin can go from $0.01 to $69k, they think bitcoin will be able to do it again easily and that going to $1 million is very easy. But they forgot to look at the market capitalization of bitcoin and that is why in recent years bitcoin no longer brings x100, x1000 profits like before, the profits that bitcoin brings are only x5, x10, and this number will get smaller and smaller as bitcoin gets bigger and bigger.

Of course, anyone wants bitcoin to cost $1 million but we need to be realistic and it won't happen soon and it won't be easy. Even the goal of 100k USD that we have cherished for so long, but bitcoin still cannot be achieved, thinking about further goals is really too delusional.

[EarnOnVictor]

I have read many articles exaggerating bitcoin price prediction's from both those who claim to be professionals and diverse bitcoin enthusiasts which I felt the necessity within to drop this piece figuratively.

For me, people who have popularity definitely have an impact when talking about bitcoin, including predicting the price of bitcoin in the future. Although sometimes their predictions are off the mark and the price is too high.

More people predicting the price of bitcoin will create positive news for bitcoin and this will make it work organically and more people will do it interested in holding bitcoin. Influential people like Robert Kiyosaki and Elon Mask often exert significant influence when talking about Bitcoin or predicting Bitcoin prices.

I believe you do not understand the market psychology, there must be a strong and true value shared by your so-called influential persons before Bitcoin would react to their view. Take, for example, Elon Musk, he was so influential in the crypto space simply because he added value as a very rich man and used his company as leverage by dealing with crypto.

And you can't see him analyzing/predicting like those people the OP is trying to point to, he will never call a certain market price, but he could say it's going to the moon. Those people who have an asset in crypto and have a working company dealing with crypto have a huge say in the space, but not the normal investors and speculators who will just be calling prices that are mainly outrageous.

This applies to whales as well, their analysis means nothing unless they act with their money in relation to crypto. Even if they are influential, their analysis will not move a pin especially if they are unrealistic and unreasonable. This is how the market can preserve its sanctity.

[kryptqnick]

Bitcoin is still a young currency, but, considering that it doesn't really have any agency of its own, I'm not sure how relevant comparison to human development is. Bitcoin is what people make of it, it doesn't do anything itself, so if we are treating it as immature, I suppose it kind of makes it so, but that's on us, not on Bitcoin. It remains to be seen whether Bitcoin will ever get stable in terms of the price and stop having long bearish and short bullish phases. Perhaps we should just accept it instead of expecting it to 'grow up'.

[Essential10]

It's true that the price of Bitcoin has been a dream since its inception. When we buy a product we choose a brand. The higher the visibility of the brand, the higher the value. I think Bitcoin is a brand. Ever since we created Bitcoin, its visibility is so high, so its value is so high. Bitcoin is set to become a global financial medium. There are many who consider Bitcoin to be a bullish future, which I find to be an inspiration for Bitcoin to move forward. Due to such high expectations of the future, Bitcoin investment is increasing day by day.I think Bitcoin will one day surpass its human expectations.

[taufik123]

-snip-
Just because bitcoin can go from $0.01 to $69k, they think bitcoin will be able to do it again easily and that going to $1 million is very easy. But they forgot to look at the market capitalization of bitcoin and that is why in recent years bitcoin no longer brings x100, x1000 profits like before, the profits that bitcoin brings are only x5, x10, and this number will get smaller and smaller as bitcoin gets bigger and bigger.

It's actually not easy, Bitcoin can reach an ATH of $69k, but there are many obstacles and even pros and cons.
It has been 14 years since Bitcoin was present which was initially only underestimated and considered useless digital money, no one even accepted Bitcoin.

But in the end, everything changed and gradually Bitcoin began to be accepted and the price began to soar until now, of course, it was a difficult road for Bitcoin.

About making x100, x1000 or even reaching $1 million is just a speculation that might be quite crazy for now.
x5 or x10 is already a pretty extraordinary increase, people who are still lacking with the increase are indeed too greedy.

Of course, anyone wants bitcoin to cost $1 million but we need to be realistic and it won't happen soon and it won't be easy. Even the goal of 100k USD that we have cherished for so long, but bitcoin still cannot be achieved, thinking about further goals is really too delusional.

Just need to wait and be patient on Bitcoin's journey.
See how past history has made bitcoin stronger until now.

The $100k goal is still quite reasonable and will certainly be achieved, but it takes time.
Nothing runs instantly, everything needs a process.

[Best-mary]

I have read many articles exaggerating bitcoin price prediction's from both those who claim to be professionals and diverse bitcoin enthusiasts which I felt the necessity within to drop this piece figuratively.

We are expecting too much from bitcoin in just a short time of about 13years since it's creation. By logic bitcoin is just a teenager who has not yet attained the status of adulthood like the forex market for example, yet it has penetrate and saturate the financial market (global economy) becoming the talk of the town in the internet like it has been here 50 years ago.

The high expectations should be moderated so we can be able to appreciate the milestone growth bitcoin price has made. Commensurable with its age bitcoin price is doing great and only those who are not highly expectant setting their price  scale at a great distance of 100k, 150k, 200k will care to appreciate the feat, some even predict as high as $1M in the next bull run and when the price doesn't go even close as expected they complain that the performance of bitcoin has been poor.

And this can be so discouraging for investors that planned on long term hodling with such a high expectancy. Learn to treat bitcoin like a teenager that's just coming up and still has its future ahead of it and stop the unequal comparison with other financial instruments like gold that have been around for decades.

A number of persons might suggest i move the topic to speculation board, however, I fondle it also suites here because the topic is not giving a prediction for BTC price but otherwise.   

When you go to Twitter, the predictions get funnier. I could remember when Bitcoin was at $31k and almost all the professional traders as they tag themselves claimed that BTC would fall from there. All of a sudden BTC rose to $34k.

The moral of this is to make sure you make your informed decision.. There are a couple of news apps and even some exchanges are doing well in giving out some daily news insights. So rather than listening to their speculations, make your prediction and be prevented from expectations

[Lida93]

Your logic is quite interesting, but it is what it is. Bitcoin is still young, but many people wants it to be worth a million even before it turns 18 years old, when we can actually consider it a full adult. Although it's just a lot of speculation for some people, for those who actually take those predictions so seriously, they end up getting disappointed if the price actually doesn't get to what they had expected. For me, I accept my faith in whatever outcome I get and am not very bet on resting my hope on one thing. Let's assume that Bitcoin doesn't get to $100k this coming bull market.
-snip-

To be precise, Bitcoin is now 14 years old and this is still very young for Bitcoin.
But seeing the many impacts that occur in the economic sector Bitcoin plays a role as the most desirable digital asset,
Bitcoin is growing well until now with several adoptions made.

By the age it's crystal clear bitcoin has over performed itself and it's by this extraordinary performance in the economic sector by a digital asset that is not under the control of any particular central authority that has twisted the thoughts of people to expect it to do much more but within a short time and that probably can't be achievable in the shortest frame.

People who only speculate about the price of Bitcoin that can reach $1 million or even more because they are too obsessed with Bitcoin and want Bitcoin to reach that price. For me, I don't really expect an unreasonable price for now.

IMO, Saying they are too obsessed which is why they speculate $1 million is like giving an excuse for them, for me it's impatient they are exercising and not obsession. I bet you should bitcoin hit a $1 million price today or in the next bull run many people will be scared of continuing suspecting a fowl play next on.

Just $100k if it is really achieved is my first target point.
But if as you said, Bitcoin is not able to reach the ATH of $100k and tends to be below that is certainly not a problem,
$80k-$90k is a good enough price to take some profits.

$100k sounds logical, achievable somehow and if it doesn't we all have to be cool with what price we get, plus or minus we won't be getting a poor price.

[Z-tight]

I have read many articles exaggerating bitcoin price prediction's from both those who claim to be professionals and diverse bitcoin enthusiasts which I felt the necessity within to drop this piece figuratively.

I don't like it when people take BTC as only an investment and a tool to make more money for themselves, people who are obsessed with this thought are the ones that make people who don't really understand BTC to think that it is nothing more than a pyramid or money doubling scheme. It is also worth mentioning that you should pay no attention to people who say they are crypto 'professionals' or 'experts'.

BTC is volatile and you can make profit from holding it, but it was created to be a payment option, a decentralized and permissionless currency that can be used for payments. It is always important to point out that fact, so people don't miss the point about BTC.

[Jawhead999]

Adulthood for Bitcoin would be when its actually normal and common to buy things with Bitcoin, but that'd probably like 20 years out from now. It's still a little kid for now.

I doubt if we can treat Bitcoin as a common currency to buy things because talking about something expensive e.g. gold or stock is still considered as rich for many people. People only think it's normal when we're use fiat, using branded stuffs is also quite normal considering the new generations tend to express their own fashion style.

[Marvelman]

I think Bitcoin's still just a baby in terms of how many people actually use it.  I mean, it's been around for over a decade, which is pretty old for a new technology.  but most regular folks still look at you funny if you try to pay for stuff with it. and  It's kind of like Bitcoins the cool kid in high school who's got a solid crew of friends but hasn't taken over the whole campus yet.    For Bitcoin to really blow up, it's gotta get as comfy as your go-to coffee order.  So its young if you're talking how many people use it every day but it's growing up.

[Zlantann]

The high expectations predictions sure can be moderated provided we all respectively decides to be intentional with our predictions and not out of a freedom of speech as you stated and not using bitcoin price prediction as a medium to sell our personality and institution to public notice. Because I observe these millionaires we classify as whales pull up some of these figures from nowhere just to sell their name in the news.

Like others have said everyone is entitled to his or her opinion or projections. When you go to a conventional market in countries where prices are not regulated every buyer or seller decides their preferred price. For me, I don't listen to any so-called bitcoin analyst or enthusiast to plan how to buy or sell my coins. Most of these predictions have no explanation or basis to back these outrageous price claims. The majority of these predictions don't even come to pass, only a few happen due to coincidence. Do your research, read from the forum and follow your instinct.    

Whether we predict the price so high or moderate new and more investors will continue to resurface bitcoin doesn't need our high predictions to attract in new investors. A good investor would have to do his own research and know for himself to invest in a project or not and not by what the crowd are chanting.

Using high-price prediction to attract newcomers is like telling them that Bitcoin is a get-rich-quick scheme. It is not wrong to tell people your predictions but referring people to the forecast of some of these social media bitcoiners with the aim of enticing them to invest in Bitcoin is not proper. These predictions are done based on trial and error.  

[Jegileman]

The high expectations should be moderated so we can be able to appreciate the milestone growth bitcoin price has made. Commensurable with its age bitcoin price is doing great and only those who are not highly expectant setting their price  scale at a great distance of 100k, 150k, 200k will care to appreciate the feat, some even predict as high as $1M in the next bull run and when the price doesn't go even close as expected they complain that the performance of bitcoin has been poor.

Since the anticipation of a new all-time high in bitcoin has been mentioned in this forum and on online platforms, I have exclusively considered bitcoin as an investment that I am confident will provide a decent return. I don't set or expect the price to achieve a specific figure; all I know is that bitcoin will surpass its present all-time high and establish a new value that no one can predict. To decrease the likelihood of disappointment, I remind myself that anything I invested in bitcoin before to the bull run would have yielded some profit, which is fine with me. Setting price standards for bitcoin will only leads to dissatisfaction of bitcoin performance which is not yet old to be expecting wonders from it.

[Wexnident]

~

I think it's because its growth is exponential. Well based on the charts anyway. So people can't help but expect more from it I guess. And it's not exactly odd or weird that people expect more from a coin that has already performed as well as Bitcoin, I mean at most the last ATH would probably be their minimum standard at that point. Yes, it can also be impossible for Bitcoin to not reach a new ATH, but hey, it hasn't failed us at least these past few halvings though, at least for now.

Besides, it's not exactly expensive to push out random predictions. Just treat it as them having fun imo and judge the ones that actually make sense.

[Ruttoshi]

Bitcoin is a teenager but it has a good potential than so many adult in terms of assets. Have you not seen a teenager that is wealthy than an old man because of his potentials. Example are footballers and artists, I see bitcoin in such position and that is why you see that so many people are expecting so much from bitcoin because it has really proved to the world that she might be capable of what is expected from her. Bitcoin is a teenager with an adult brain.

It is the price movement that makes it more valuable and appreciated because for long term hodlers, they will be calm with their hodling and DCA regular, until they reach their bitcoin target and sell at their target price. With Hodli, you can believe that bitcoin ought be an adult by the time, when you will have reached your timeline and why wouldn't you expect much from it by then, when you have patiently and nurse you bitcoin portfolio grow into an adult

[taufik123]

IMO, Saying they are too obsessed which is why they speculate $1 million is like giving an excuse for them, for me it's impatient they are exercising and not obsession. I bet you should bitcoin hit a $1 million price today or in the next bull run many people will be scared of continuing suspecting a fowl play next on.

It's like launching Bitcoin to the moon directly with a high-speed rocket, then releasing it to the earth again until it hits the ground and it's over.
What is done instantly is not good and there will be some negative effects.

Bitcoin has high volatility and its price will fluctuate, this will make bitcoin rise and fall gradually following how market demand and market trends.
All of that is a process that is current and to be able to achieve certain goals and there will be several obstacles that must be faced.

$100k sounds logical, achievable somehow and if it doesn't we all have to be cool with what price we get, plus or minus we won't be gettingand  a poor price.

Very logical and it is a common prediction expected by many traders today.
Stay patient and calm with the price we bought today.
Stick to one target and it will be profitable.

-snip-
And it's not exactly odd or weird that people expect more from a coin that has already performed as well as Bitcoin, I mean at most the last ATH would probably be their minimum standard at that point. Yes, it can also be impossible for Bitcoin to not reach a new ATH, but hey, it hasn't failed us at least these past few halvings though, at least for now.

yes Bitcoin always satisfies everyone when the Halving happens.
We will pass the 4th Halving quite well and it will be a new history in the growth of Bitcoin.

[Rockstarguy]

I can agree on that; we have been expecting too much from Bitcoin lately. We can realise that when we see the current unrealistic predictions about the price of bitcoin. Bitcoin is unstoppable, and I admit it's on the primary stage yet. Bitcoin doesn't have mass adaptation yet, like the stock market. Bitcoin would reach $1 million as well, but we need a lot of time to see it. The world is moving forward with digitization, so our next generation will move with that. A lot of new investors, including institutional investors, are starting to move into Bitcoin. So yeah, once Bitcoin matures, we will see a huge impact.

In this few time that Bitcoin have existed many people are expecting so much from bitcoin to give all the money all the money they want in life. The main purpose of bitcoin is to support as to help investors of having double of their investment after hodling but still people are looking for more than this from bitcoin.

Just in the short time of bitcoin have gained good value compared to the early time of bitcoin, and it is still have more value as people are getting to know it more. Bitcoin is having more awareness and some countries have started adopting bitcoin as ledger tender.

[Helena Yu]

I think Bitcoin's still just a baby in terms of how many people actually use it.  I mean, it's been around for over a decade, which is pretty old for a new technology.  but most regular folks still look at you funny if you try to pay for stuff with it. and  It's kind of like Bitcoins the cool kid in high school who's got a solid crew of friends but hasn't taken over the whole campus yet.    For Bitcoin to really blow up, it's gotta get as comfy as your go-to coffee order.  So its young if you're talking how many people use it every day but it's growing up.

Lol I understand what you're saying

It's correct people are surprised when you're going to pay something using Bitcoin since they thought it's scam or worthless.

"0.05 BTC? hmm that's really small, $50 is still bigger than that", this kind people might still exist despite anyone can check Bitcoin price less than 10 seconds.

[Lucius]

~snip~
We are expecting too much from bitcoin in just a short time of about 13years since it's creation. By logic bitcoin is just a teenager who has not yet attained the status of adulthood like the forex market for example, yet it has penetrate and saturate the financial market (global economy) becoming the talk of the town in the internet like it has been here 50 years ago.

People talk about anything and everything, and with regard to social networks and the increasing availability of the internet even where it was not available before, it gives the impression that everyone is talking about Bitcoin, but I think that it is still something specific and depends on the country and society. It may sound strange (to you and some others), but in the global economy Bitcoin is pretty much irrelevant (for now), if we take into account any criteria - be it the value expressed in numbers or maybe the total number of people involved in some way in BTC. For comparison, the US military budget is larger than the BTC marketcap.

And this can be so discouraging for investors that planned on long term hodling with such a high expectancy. Learn to treat bitcoin like a teenager that's just coming up and still has its future ahead of it and stop the unequal comparison with other financial instruments like gold that have been around for decades.

Maybe everyone should treat Bitcoin for what Satoshi invented it for, not just a profit generating instrument? I don't want to be a hypocrite and say that Bitcoin is not a good way to store value, but we have to use it as a currency as much as possible, regardless of what some will say that the fees are too high or will find some other excuse. By the way, gold has been present among people for thousands of years, and it should not be compared to Bitcoin in the way that some persistently do.

[Rruchi man]

Learn to treat bitcoin like a teenager that's just coming up and still has its future ahead of it and stop the unequal comparison with other financial instruments like gold that have been around for decades.

If you create something new, and form a business around marketing that thing, within a ten year window, if that product or new creation is not selling, it is usually seen as a failure. Many people see bitcoin like that and so because bitcoin has been in existence for more than ten years, they consider bitcoin a failure. It is a wrong impression they have about bitcoins because asides treating bitcoin as a teen, bitcoin is something that is revolutionizing, and totally against the long financial systems that took time to establish. We should not expect it to be very successful at once when it was not created by the government. We should however celebrate the little successes that it is achieving because it is all accumulating to something huge.

[m2017]

I have read many articles exaggerating bitcoin price prediction's from both those who claim to be professionals and diverse bitcoin enthusiasts which I felt the necessity within to drop this piece figuratively.

Such articles appear and these experts become animated as soon as a bullish trend looms on the horizon. This is white noise.

We are expecting too much from bitcoin in just a short time of about 13years since it's creation. By logic bitcoin is just a teenager who has not yet attained the status of adulthood like the forex market for example, yet it has penetrate and saturate the financial market (global economy) becoming the talk of the town in the internet like it has been here 50 years ago.

The cryptomarket (bitcoin) is still very young, it's true, but it's expanding and getting stronger every year.

The high expectations should be moderated so we can be able to appreciate the milestone growth bitcoin price has made. Commensurable with its age bitcoin price is doing great and only those who are not highly expectant setting their price  scale at a great distance of 100k, 150k, 200k will care to appreciate the feat, some even predict as high as $1M in the next bull run and when the price doesn't go even close as expected they complain that the performance of bitcoin has been poor.

Inflated expectations spoil the impression of the current increase in the bitcoin price, which, by the way, over these 15 years has demonstrated colossal growth that no other financial asset can show. You are right, when bitcoin fans shout that btc will soon reach the $100k (this value is quite likely), $150k, $200k or even $1M mark, this only harms smooth and gradual progress. Bitcoin's performance is very good, but these pseudo-forecasts create the illusion that growth is not significant. Investors need to soberly assess the situation and not blindly believe such premature forecasts.

And this can be so discouraging for investors that planned on long term hodling with such a high expectancy. Learn to treat bitcoin like a teenager that's just coming up and still has its future ahead of it and stop the unequal comparison with other financial instruments like gold that have been around for decades.

Gold has been a financial instrument not for decades, but for centuries, if not more.

[HONDACD125]

The high expectations should be moderated so we can be able to appreciate the milestone growth bitcoin price has made. Commensurable with its age bitcoin price is doing great and only those who are not highly expectant setting their price  scale at a great distance of 100k, 150k, 200k will care to appreciate the feat, some even predict as high as $1M in the next bull run and when the price doesn't go even close as expected they complain that the performance of bitcoin has been poor.

And this can be so discouraging for investors that planned on long term hodling with such a high expectancy. Learn to treat bitcoin like a teenager that's just coming up and still has its future ahead of it and stop the unequal comparison with other financial instruments like gold that have been around for decades.

It's not Bitcoin fault if someone has wrong expectations or makes wrong predictions about Bitcoin. Rather, I would say that the predictions of such people will be wrong, and we should not have expectations that do not seem possible. Bitcoin performance has never been bad, but till date Bitcoin has given huge returns to every investor who has invested at the right time.


​Investors who plan long-term holdings should also be aware that the price of Bitcoin fluctuates, and may not meet their expectations in a few months or year.Just as Bitcoin is predicted to go to $100k this bull season, now if someone is predicting or expecting to go to $1 million, the probability of Bitcoin price going there is very low. Therefore, such expectations should be revised.
There is no doubt that gold has been used as an investment for decades, but due to Bitcoin unique features and high profitability, it is being preferred over gold.

[DaNNy001]

Learn to treat bitcoin like a teenager that's just coming up and still has its future ahead of it and stop the unequal comparison with other financial instruments like gold that have been around for decades.

If you create something new, and form a business around marketing that thing, within a ten year window, if that product or new creation is not selling, it is usually seen as a failure. Many people see bitcoin like that and so because bitcoin has been in existence for more than ten years, they consider bitcoin a failure. It is a wrong impression they have about bitcoins because asides treating bitcoin as a teen, bitcoin is something that is revolutionizing, and totally against the long financial systems that took time to establish. We should not expect it to be very successful at once when it was not created by the government. We should however celebrate the little successes that it is achieving because it is all accumulating to something huge.

I don't know about you, but I wouldn't call the achievement that Bitcoin has gotten, a little one because other cryptocurrency has been in existence with it but the difference has been always clear on the price and massive adoption that Bitcoin has gotten over these little crypto so I don't think Bitcoin achievement for the 14years it has been in existence is something not to talk about because it clearly shows that the coins is growing and others are struggling behind it.

[pawanjain]

Even I keep iterating this over and over again that we all are still early into bitcoin.
The volatility is high and as time goes on more people will keep investing in bitcoin and thus the volatility will reduce.
The marketcap will increase a lot and so buying now as much we can would turn out to be more profitable in the future.

[Renampun]

I have read many articles exaggerating bitcoin price prediction's from both those who claim to be professionals and diverse bitcoin enthusiasts which I felt the necessity within to drop this piece figuratively.

We are expecting too much from bitcoin in just a short time of about 13years since it's creation. By logic bitcoin is just a teenager who has not yet attained the status of adulthood like the forex market for example, yet it has penetrate and saturate the financial market (global economy) becoming the talk of the town in the internet like it has been here 50 years ago.

The high expectations should be moderated so we can be able to appreciate the milestone growth bitcoin price has made. Commensurable with its age bitcoin price is doing great and only those who are not highly expectant setting their price  scale at a great distance of 100k, 150k, 200k will care to appreciate the feat, some even predict as high as $1M in the next bull run and when the price doesn't go even close as expected they complain that the performance of bitcoin has been poor.

And this can be so discouraging for investors that planned on long term hodling with such a high expectancy. Learn to treat bitcoin like a teenager that's just coming up and still has its future ahead of it and stop the unequal comparison with other financial instruments like gold that have been around for decades.

A number of persons might suggest i move the topic to speculation board, however I fondle it also suites here because the topic is not giving a prediction for BTC price but otherwise.   

I find that you suggest that all of us adopt Bitcoin while it is still in its very early stages, I strongly support that. Bitcoin is still not recognized by many countries, but countries that currently recognize Bitcoin as legal tender have received extraordinary benefits. I am sure that in the future more countries will adopt Bitcoin and make it legal tender. Bitcoin will not be stopped with FUD. The fact is that Bitcoin is already stuck in the minds of billions of people in the world, all people can do about Bitcoin is accept it.

[Rabata]

Even I keep iterating this over and over again that we all are still early into bitcoin.
The volatility is high and as time goes on more people will keep investing in bitcoin and thus the volatility will reduce.
The marketcap will increase a lot and so buying now as much we can would turn out to be more profitable in the future.

We can certainly still be considered early investors in Bitcoin. Although many of us have not invested in Bitcoin since its inception, those who invest now will be close to a dream come true in Bitcoin in the next few years. Bitcoin is now at $35k or little more but when it reaches 1 million there will probably be many investors who will regret it. Considering the future, those who prioritize holding Bitcoin for a long period of time can certainly be one of the successful Bitcoin investors. For those still looking for a dip in Bitcoin, now this is the proper time. Accumulate bitcoins as much as possible.

[EluguHcman]

I concur with you OP. This certainly is as outside the World of Bitcoin but of other investments where investors are mad at their crawling incomes because they expected it speedy.
Since I learnt that not all that glitters are gold and what is Worth worthy with good reputations always demands time to get to the hill of its great view.
Most persons are also not contented with the minimum value of incomes  they generates from their investments which opts them to divert to another and before they realizes, they would taste the whole of the business sectors with no hold of valuabilty.

Bitcoin is a reputable investment which is not biased in-between its investors how by, it does not require your interpersonal marketing skills to make profits but derives its  form of energy to create profits at considering its demands, supplies and of course the users. This basically determines the value rate of the Bitcoin.

Let no one panic at Bitcoin on whatever value it is rated because it is not specified to favor a faction of its investors instead it is considered that when Bitcoin is at a low rate, it attracts more investors to come into the industry and when it is high, it termed to bring increments to its investors.

I would rest my case to say that on what ever note Bitcoins value is rated, it is termed to favour its investors and its potential investors.

[Faisal2202]

The high expectations should be moderated so we can be able to appreciate the milestone growth bitcoin price has made. Commensurable with its age bitcoin price is doing great and only those who are not highly expectant setting their price  scale at a great distance of 100k, 150k, 200k will care to appreciate the feat, some even predict as high as $1M in the next bull run and when the price doesn't go even close as expected they complain that the performance of bitcoin has been poor.

You have made a valid point, we should not expect from someone either its an entity's or asset's performance, we should not expect more so that in the end we have to disappoint. As you said many people will say BTC performed badly while their expectations are BTC will reach $150k or $1M (I mean really).

That's why knowledge matters as if they would have some knowledge of trading volume or market cap etc. in comparison to the real-world assets then they will expect less. For example few days back one of my UNI fellows asked me can BTC reach $1 Million I said yes but not in 40 years. Because to reach that point it needs a hell lot of market cap and investment in. I might be wrong here but it is what it is.

We can't expect it to reach the moon when there is no fuel in its engine. I hope you got my point here. However, my expectations for BTC are it can reach around $100k in the upcoming bull run and that's due to a number of factors.

[ZAINmalik75]

You are right, we should not expect more from BTC because expectations of it to gain $1 million is insane but we all know this is just a trick of the big analyst to trick newbies into thinking that BTC is in hype and might reach at least near to $500,000 or near it. Because they are the ones who made such predictions that BTC could reach $1 million dollar or could cross $200,000 easily. 

It is necessary for all of us to learn about BTC and what factors derive its price and what factors can lead it to $1 million which in my opinion are not present in its current state.

By the way, if we think about how old is BTC and how far it has come then we can say it really exceeds the results of gold or stocks which have been in the market for several decades. BTC market is really giving huge competition to them and has made more money for its users even the small ones.

[BITCOIN4X]

Even I keep iterating this over and over again that we all are still early into bitcoin.
The volatility is high and as time goes on more people will keep investing in bitcoin and thus the volatility will reduce.
The marketcap will increase a lot and so buying now as much we can would turn out to be more profitable in the future.

Of course, but it requires good planning and making decisions as wisely as possible regarding this investment. You should not ignore any risks involved, in fact you should not ignore regulations and rules that may prevent you from utilizing Bitcoin to make a profit.

So far bitcoin is starting to gain the attention of many people and it will continue to increase over time. Governments are starting to benefit by creating rules and approaches that benefit the state by taxing the returns of traders and investors, but they can change legal regulations to illegal ones whenever they want so that risk should not be ignored.

[Antotena]

We are expecting too much from bitcoin in just a short time of about 13years since it's creation. By logic bitcoin is just a teenager who has not yet attained the status of adulthood like the forex market for example, yet it has penetrate and saturate the financial market (global economy) becoming the talk of the town in the internet like it has been here 50 years ago.

The high expectations should be moderated so we can be able to appreciate the milestone growth bitcoin price has made. Commensurable with its age bitcoin price is doing great and only those who are not highly expectant setting their price  scale at a great distance of 100k, 150k, 200k will care to appreciate the feat, some even predict as high as $1M in the next bull run and when the price doesn't go even close as expected they complain that the performance of bitcoin has been poor.

And this can be so discouraging for investors that planned on long term hodling with such a high expectancy. Learn to treat bitcoin like a teenager that's just coming up and still has its future ahead of it and stop the unequal comparison with other financial instruments like gold that have been around for decades.

I don't blame people that are expecting much from bitcoin, I think it is because they got spoilt y the return of bitcoin and they are already use to such kind of lifestyle. Look outside crypto, there is no any other investment that has given a return like crypto and still remain functional, most of the ones that did were Ponzi schemes and they are long collapse and gone but after 13 years of servicing humans worldwide, it is as if its still starting like it has not done anything for the people.

Another problem is that over the years, some institutional investors were jealous of how bitcoin has produce young millionaires and they don't like it, they have called bitcoin to be dead many times but it still standing to day, they have decide to join the movement, that is why we see representatives from BlackRock and the rest fighting for ETF, these people are the new investors in town and they are on the verge for the same profits it has given people in the past but festival is a thing of the past, bitcoin will grow but the days of making 400% in two weeks is gone except for shitcoins.

Hold, if you must and trade if you must trade but nothing is going to stand in the way of bitcoin, it might not be soon but I know that it is when you don't expect the growth it does appreciate in value. For example, look at people that bought the botton by now shold have 2X there investments by now, this is how sweet been patient is with bitcoin.

[noorman0]

So what to expect when bitcoin reaches maturity, more stable prices, wider adoption? If so, treating bitcoin according to age is appropriate for those speculators, regardless of whether they overestimate the price. In fact, the price of bitcoin is very volatile because adoption is still relatively narrow, this is like a teenager with an unstable way of thinking.

[Dr.Bitcoin_Strange]

People who only speculate about the price of Bitcoin that can reach $1 million or even more because they are too obsessed with Bitcoin and want Bitcoin to reach that price. For me, I don't really expect an unreasonable price for now.

Just $100k if it is really achieved is my first target point.
But if as you said, Bitcoin is not able to reach the ATH of $100k and tends to be below that is certainly not a problem,
$80k-$90k is a good enough price to take some profits.

You know, the OP actually had a great point, because I don't personally tire of all my hopes or goals to my investment in Bitcoin. I know that too much expectation can bring disappointment, and the fact that Bitcoin has actually dominated the space as if it's a technology that has already been around for about 50 years, like OP said, but we should not take that because of that and see Bitcoin as what can bring the price we want it to. It could be that we are not even going to get to $150k this bull run, but let investors just take the best decision before investing so that they don't get disappointed at the end, like those that bought at $68k with a very high hope that it will get to $100k. I know that I did not buy my Bitcoin at a very high price like $60k, so even if I see $80k, I can sell some fractions and hold on to see if the surge will continue, and if it does, I will sell too at $100k and so on.

[Obari]

You’re right op and I’ve also been on the opinion over time that over pressure on bitcoin isn’t the right thing to do and just as the saying that over expectations leads to disappointment which is strongly visible in bitcoin and crypto market of today and I think most of the people with very high expectations from bitcoin aren’t actually or maybe really bitcoin enthusiasts but rather ill talkers who are always looking out for negative comments to drop about bitcoin and I think bitcoiner are paying more attentions to the flaws and not seeing the growth and height bitcoin has achieved in just a very short time.

[Spaceman1000$]

I have read many articles exaggerating bitcoin price prediction's from both those who claim to be professionals and diverse bitcoin enthusiasts which I felt the necessity within to drop this piece figuratively.

We are expecting too much from bitcoin in just a short time of about 13years since it's creation. By logic bitcoin is just a teenager who has not yet attained the status of adulthood like the forex market for example, yet it has penetrate and saturate the financial market (global economy) becoming the talk of the town in the internet like it has been here 50 years ago.

The high expectations should be moderated so we can be able to appreciate the milestone growth bitcoin price has made. Commensurable with its age bitcoin price is doing great and only those who are not highly expectant setting their price  scale at a great distance of 100k, 150k, 200k will care to appreciate the feat, some even predict as high as $1M in the next bull run and when the price doesn't go even close as expected they complain that the performance of bitcoin has been poor.

And this can be so discouraging for investors that planned on long term hodling with such a high expectancy. Learn to treat bitcoin like a teenager that's just coming up and still has its future ahead of it and stop the unequal comparison with other financial instruments like gold that have been around for decades.

A number of persons might suggest i move the topic to speculation board, however I fondle it also suites here because the topic is not giving a prediction for BTC price but otherwise.   

I had the same thoughts going through my mind sometimes back, as people place too much emphasis on the expectations on Bitcoin and they've already gotten a certain price tag that they're expecting in the next bull run to which I've asked, what if it doesn't go as you've predicted, hope you will not be disappointed, hope you will not find it to say your investment did not go as planned because, the price didn't exactly go the way you want it. bitcoin is still expanding considering how long it has been on the market. So I agree that People should take a chill pill on their expectations.

[JoyMarsha]

If you had paid attention seriously to what people were expecting from the price of bitcoin, you would have come to the conclusion that Bitcoin is no longer a teenager but rather an adult that is ready to make people wealthy overnight. Even still, I laugh at individuals who are already assigning a random amount to bitcoin, not because I find it amusing, but rather because I know it will eventually reach that level.

Everything happens one step at a time; people shouldn't act in a rush or assume that they will always receive the high price they seek in Bitcoin without adhering to the economic principle that says that prices of things rise in response to demand.

Global demand for bitcoin is growing, and institutional investors are moving into it as well. The cost and demand for it are gradually rising. By the next two years, the price should be between $100k and $150k.

[hatshepsut93]

You are comparing Bitcoin's age to human years, while instead you should be comparing it with recent emerging technologies. And those technologies go from infancy to mainstream in 10 years or so. Bitcoin is already mainstream in terms of awareness - most potential users have already heard about it, but chose not to adopt it. I seriously doubt they will suddenly change their mind about Bitcoin without any sort of event that could force them to do so, like a global hyperinflation which is quite unlikely. I personally believe Bitcoin has entered its adoption plateau and not a lot of new people will be buying their first Bitcoin each year.

[justdimin]

The high expectations should be moderated so we can be able to appreciate the milestone growth bitcoin price has made. Commensurable with its age bitcoin price is doing great and only those who are not highly expectant setting their price  scale at a great distance of 100k, 150k, 200k will care to appreciate the feat, some even predict as high as $1M in the next bull run and when the price doesn't go even close as expected they complain that the performance of bitcoin has been poor.

Since the anticipation of a new all-time high in bitcoin has been mentioned in this forum and on online platforms, I have exclusively considered bitcoin as an investment that I am confident will provide a decent return. I don't set or expect the price to achieve a specific figure; all I know is that bitcoin will surpass its present all-time high and establish a new value that no one can predict. To decrease the likelihood of disappointment, I remind myself that anything I invested in bitcoin before to the bull run would have yielded some profit, which is fine with me. Setting price standards for bitcoin will only leads to dissatisfaction of bitcoin performance which is not yet old to be expecting wonders from it.

Do not expect a specific figure, but it is true that we are going to see higher, and most probably higher than ATH as well. Which means that, if you wait for a while, in the next 2 years, we are going to see above 70k. That is what I can say about bitcoin, that is a good thing, expecting it to grow to more than double in the next 2 years is as good as it gets and should be fine, I get that it is not going to be all that shocking, because people are already expecting that.

The fact that we all know that we are going to make more than double of our money, maybe quadruple of our money, in the next two years, is a big deal and should be important in the end. I personally do believe that it is going to be fine, and should be noted down eventually.

[Publictalk792]

I  agree with your point Bitcoin is still relatively young and expecting it to reach moon prices within a short period of time.
I believe that we should appreciate the significant growth that bitcoin has achieved so far considering its age. It has made remarkable strides.
We should treat bitcoin as a teenager that is still developing and has a promising future ahead. In the next Bull run it has much ability to grow significantly and if it will touch its ATH so it can go above 100K easily.

[kotajikikox]

I have read many articles exaggerating bitcoin price prediction's from both those who claim to be professionals and diverse bitcoin enthusiasts which I felt the necessity within to drop this piece figuratively.

Prediction mostly exaggerating and that we can figure over the years , only few that tries to predict a normal price maybe what they wanted to tell us is that since it is only prediction there is no Hurt to bring highest that people may believe it is added to their boost in their belief.

A number of persons might suggest i move the topic to speculation board, however I fondle it also suites here because the topic is not giving a prediction for BTC price but otherwise.   

This is the right place for this as this tackles not about literal prediction but the behavior of many for bitcoin and the other concerns .

[legendbtc]

The high expectations should be moderated so we can be able to appreciate the milestone growth bitcoin price has made. Commensurable with its age bitcoin price is doing great and only those who are not highly expectant setting their price  scale at a great distance of 100k, 150k, 200k will care to appreciate the feat, some even predict as high as $1M in the next bull run and when the price doesn't go even close as expected they complain that the performance of bitcoin has been poor.

Since the anticipation of a new all-time high in bitcoin has been mentioned in this forum and on online platforms, I have exclusively considered bitcoin as an investment that I am confident will provide a decent return. I don't set or expect the price to achieve a specific figure; all I know is that bitcoin will surpass its present all-time high and establish a new value that no one can predict. To decrease the likelihood of disappointment, I remind myself that anything I invested in bitcoin before to the bull run would have yielded some profit, which is fine with me. Setting price standards for bitcoin will only leads to dissatisfaction of bitcoin performance which is not yet old to be expecting wonders from it.

Do not expect a specific figure, but it is true that we are going to see higher, and most probably higher than ATH as well. Which means that, if you wait for a while, in the next 2 years, we are going to see above 70k. That is what I can say about bitcoin, that is a good thing, expecting it to grow to more than double in the next 2 years is as good as it gets and should be fine, I get that it is not going to be all that shocking, because people are already expecting that.

The fact that we all know that we are going to make more than double of our money, maybe quadruple of our money, in the next two years, is a big deal and should be important in the end. I personally do believe that it is going to be fine, and should be noted down eventually.

One is that we should not expect a number that is too high compared to what is happening and should be satisfied with what we get. Second: we should set a specific goal and only sell bitcoin when we reach the goal, and of course, we should not set a specific time for our goal. Because we all know that no one can predict the future and we are no exception. My goal and plan is that I will only sell when bitcoin reaches my goal and I am willing to wait until the 2030 bull season if this bull season fails to reach my goal.

[Majestic-milf]

 Bitcoin is young and still a teenager but you'd have to agree with me that it has surpassed expectations of any currency that was formed 13years ago. Bitcoin was created to change the status quo of how we view money, taking control from the government and giving it to the users. Despite it's volatility rate, it has more value than altcoins combined and I stand to be corrected on this claim, so I feel you'd cut some of us some slack if we put too much expectations on the kid(Bitcoin) ..
 Predictions are often not reliable as they seldom have much accuracy as it is made out of guesses on what an outcome will look like. Some, out of greed, will want to invest simply because a popular figure predicted Bitcoin to rise to so and so amount, which is not supposed to be
 Another reason people tend to forget that Bitcoin is still a teenager and place so much expectations is because it is believed to have the potential to make one very rich.

[KiaKia]

Bitcoin is young and that's a solid point, many people choose to stay away from Bitcoin not because they can't afford the money but because they don't want to get involved with anything that their government is not backing, and now that ETF is here I believe that loads of people will have no choice but to join the race and this time it's going to be big.

Right now the population of people in Bitcoin is still very low and after ETF approval it's going to get bigger, but there is a catch, with Black Rock involvement I believe that the opportunity in crypto space will be lower in the future, the way people make money from this crypto thing right now will be crippled by these powerful organizations.

This next bull market could be the last best because the opportunity gets lower, but one thing is certain, Bitcoin value will always grow bigger as the years goes by, so you are correct for saying that right now Bitcoin is still a teenager.

[posi]

-snip-
Just because bitcoin can go from $0.01 to $69k, they think bitcoin will be able to do it again easily and that going to $1 million is very easy. But they forgot to look at the market capitalization of bitcoin and that is why in recent years bitcoin no longer brings x100, x1000 profits like before, the profits that bitcoin brings are only x5, x10, and this number will get smaller and smaller as bitcoin gets bigger and bigger.

It's actually not easy, Bitcoin can reach an ATH of $69k, but there are many obstacles and even pros and cons.
It has been 14 years since Bitcoin was present which was initially only underestimated and considered useless digital money, no one even accepted Bitcoin.

But in the end, everything changed and gradually Bitcoin began to be accepted and the price began to soar until now, of course, it was a difficult road for Bitcoin.

About making x100, x1000 or even reaching $1 million is just a speculation that might be quite crazy for now.
x5 or x10 is already a pretty extraordinary increase, people who are still lacking with the increase are indeed too greedy.

Of course, anyone wants bitcoin to cost $1 million but we need to be realistic and it won't happen soon and it won't be easy. Even the goal of 100k USD that we have cherished for so long, but bitcoin still cannot be achieved, thinking about further goals is really too delusional.

Just need to wait and be patient on Bitcoin's journey.
See how past history has made bitcoin stronger until now.

The $100k goal is still quite reasonable and will certainly be achieved, but it takes time.
Nothing runs instantly, everything needs a process.

To be honest, I also expect and hope bitcoin will reach 1 million USD because it will bring huge profits to me and I will even become rich. But we need to be realistic and need to set goals in stages, we need to reach the $100k target before we can think about a higher ATH. We cannot set too high expectations thinking that bitcoin will increase from 30k$ to 1 million USD, that is an unacceptable illusion. It took Bitcoin 14 years to reach $69k, so we need to give bitcoin more time if we want bitcoin to reach $1 million. But many people are too stubborn and too greedy to set that goal in a short time.

[taufik123]

-snip-
It could be that we are not even going to get to $150k this bull run, but let investors just take the best decision before investing so that they don't get disappointed at the end, like those that bought at $68k with a very high hope that it will get to $100k. I know that I did not buy my Bitcoin at a very high price like $60k, so even if I see $80k, I can sell some fractions and hold on to see if the surge will continue, and if it does, I will sell too at $100k and so on.

Still lucky you can buy Bitcoin at a cheap price and of course those who buy at $68k which is the previous ATH price will put enough pressure when the price is bearish and now still reaches half of it.
Imagine how long they have to hold on to keep making profits when the price has risen or reached the new ATH.

There are many targets to be taken and adjusted to the initial purchase price.
Even if it doesn't reach $100k++ we can still profit at the current price when we buy Bitcoin below $20k.
But for me for the long term, the main target I have to achieve is $100k, that's an optimistic target for me personally.

-snip-
It took Bitcoin 14 years to reach $69k, so we need to give bitcoin more time if we want bitcoin to reach $1 million. But many people are too stubborn and too greedy to set that goal in a short time.

Those who are too quick to set the price to $1 million are just too hasty, even though the increase to ATH is a gradual increase.
We are still at the $30k level and Bitcoin is still trying to continue to rise and reach the nearest ATH.
Their minds are too FOMO with crazy price speculators.

[Promocodeudo]

Everyone with their own understanding about bitcoin, OP, prediction of price is normal with bitcoin wether right or wrong, people has to expect high because the have their major investment in it, but the truth is Bitcoin is doing great, the price of Bitcoin is rising and it is normal, this happens gradually, the $100k anticipation is not an easy one, let's just keep accumulating, the over-speculation in this industry is not needed, what we need at this moment is more adoption, support from different places to make it a legal tender, as for the price, bitcoin appreciation is going in the right direction, slow and steady, I think this is in the right track. We should not place all our hope here, diversification will also help in term of holdling and forgetting.

[Blitzboy]

Bitcoin is young and still a teenager but you'd have to agree with me that it has surpassed expectations of any currency that was formed 13years ago. Bitcoin was created to change the status quo of how we view money, taking control from the government and giving it to the users. Despite it's volatility rate, it has more value than altcoins combined and I stand to be corrected on this claim, so I feel you'd cut some of us some slack if we put too much expectations on the kid(Bitcoin) ..
 Predictions are often not reliable as they seldom have much accuracy as it is made out of guesses on what an outcome will look like. Some, out of greed, will want to invest simply because a popular figure predicted Bitcoin to rise to so and so amount, which is not supposed to be
 Another reason people tend to forget that Bitcoin is still a teenager and place so much expectations is because it is believed to have the potential to make one very rich.

Teenage Bitcoin? Sure, lifespan-wise. However, let's not become emotional. This is hard economics and revolutionary technology, not a coming-of-age story. Outperforming expectations? It happens when you introduce a radical new idea into a stale, controlled system. Regarding worth. Bitcoin dominating altcoins? Just scratching the surface. Bitcoin symbolizes decentralization and is more than a currency. Volatility isn't a trivial issue. The big, prominent asterisk can make your investment a rollercoaster. Let's not talk predictions.  Bitcoin's volatility is what makes it so appealing. A bet, not just an investment. Yes, it could make you rich. Thats the future. Everyone wants a shortcut to money, but there are no guarantees, only high stakes and rewards. So focus on bitcoin

[Lorence.xD]

Bitcoin is literally still at its early age despite existing for decades, cause we all know that some other currencies already exist earlier than Bitcoin, but as we compare from their highest peak, we can't argue that Bitcoin's value is much higher than the rest. It might take a lot of years for Bitcoin to reach something like $100k so I wouldn't expect much higher than that cause we can't still predict the outcome of a volatile coin. Cause even if Bitcoin might not reach $100k, we can still make a huge profit from its price by just simply changing its value. Even from the $20k-$25k value of Bitcoin if you invested at that value and took profit from its current price, for sure you still made money. People who expect a lot from Bitcoin is probably new investors who want the same experience as people who became millionaire of Bitcoin.

[jeraldskie11]

I  agree with your point Bitcoin is still relatively young and expecting it to reach moon prices within a short period of time.
I believe that we should appreciate the significant growth that bitcoin has achieved so far considering its age. It has made remarkable strides.
We should treat bitcoin as a teenager that is still developing and has a promising future ahead. In the next Bull run it has much ability to grow significantly and if it will touch its ATH so it can go above 100K easily.

I agree that Bitcoin is still young not because of the age but because the exposure we want is not happening yet. I will only say that Bitcoin is on the adult stage if the volatility is almost the same with fiat, what I mean is that if there's an institution wants to sell their assets, it wouldn't affect the price like it's a dead currency. We don't expect too much about forex investors because they knew Bitcoin already, maybe they only need more time before they going to transitioned to Bitcoin or invest some of their wealth in it. We don't know, maybe they are just around the corner waiting for Bitcoin adoption expand even further.

[adultcrypto]

We are expecting too much from bitcoin in just a short time of about 13years since it's creation. By logic bitcoin is just a teenager who has not yet attained the status of adulthood like the forex market for example, yet it has penetrate and saturate the financial market (global economy) becoming the talk of the town in the internet like it has been here 50 years ago.

In terms of the growth in price, I agree with your post that the expectation from Bitcoin is too high. However, in terms of impact, I feel the expectations is fine and a welcomed development. Remember that Bitcoin is an revolutionary innovation that was created to provide a better alternative to global financial system where accessibility, privacy and freedom are the focus. To this end, Bitcoin is yet to gain that adoption and acceptance considering that it is a revolution that usually changes everything within a short time.

The high expectations should be moderated so we can be able to appreciate the milestone growth bitcoin price has made. Commensurable with its age bitcoin price is doing great and only those who are not highly expectant setting their price  scale at a great distance of 100k, 150k, 200k will care to appreciate the feat, some even predict as high as $1M in the next bull run and when the price doesn't go even close as expected they complain that the performance of bitcoin has been poor.

In terms of price growth, Bitcoin have done exceptionally good and have provided huge opportunity for people to profit. Those not satisfied with the growth of Bitcoin price probably came late to Bitcoin and are eager to see a repeat of the rapid growth Bitcoin have experienced since inception.  I still believe that Bitcoin will still rise far more than it has done already but this will require some time.

[Hewlet]

I have read many articles exaggerating bitcoin price prediction's from both those who claim to be professionals and diverse bitcoin enthusiasts which I felt the necessity within to drop this piece figuratively.

We are expecting too much from bitcoin in just a short time of about 13years since it's creation. By logic bitcoin is just a teenager who has not yet attained the status of adulthood like the forex market for example, yet it has penetrate and saturate the financial market (global economy) becoming the talk of the town in the internet like it has been here 50 years ago.

The high expectations should be moderated so we can be able to appreciate the milestone growth bitcoin price has made.
And this can be so discouraging for investors that planned on long term hodling with such a high expectancy. Learn to treat bitcoin like a teenager that's just coming up and still has its future ahead of it and stop the unequal comparison with other financial instruments like gold that have been around for decades.

this is very true. The hype is damn much and part from the investor angle, new persons coming into the forum might be feed with one sided narrative on bitcoin investments and might think that it is always going to be a win win thing. I guess it is very necessary that while we show people the good side of Bitcoin, we shouldn't make them belief that it is one perfect means to an end that is better than investing in any other thing.

There was a time I made a thread regarding other investment that the knowledge of bitcoin could help us scale very well in, I received some discouraging comments that seems to suggest that bitcoin is the best and that no other investment could amount to greater returns compared to Bitcoin. I like the decentralise nature of bitcoin but that doesn't make it the most perfect and surest source of investment

[famososMuertos]

It is relative to put ages on Bitcoin in human equivalence, in fact I don't think the price is the best comparison, bitcoin has been growing and dying many times, literally with price.

There is only one thing you have to always have with bitcoin: trust, and this regardless of whether you treat him as a problematic teenager or an old man with rheumatism. 

[Ale88]

I have read many articles exaggerating bitcoin price prediction's from both those who claim to be professionals and diverse bitcoin enthusiasts which I felt the necessity within to drop this piece figuratively.

We are expecting too much from bitcoin in just a short time of about 13years since it's creation. By logic bitcoin is just a teenager who has not yet attained the status of adulthood like the forex market for example, yet it has penetrate and saturate the financial market (global economy) becoming the talk of the town in the internet like it has been here 50 years ago.

The high expectations should be moderated so we can be able to appreciate the milestone growth bitcoin price has made. Commensurable with its age bitcoin price is doing great and only those who are not highly expectant setting their price  scale at a great distance of 100k, 150k, 200k will care to appreciate the feat, some even predict as high as $1M in the next bull run and when the price doesn't go even close as expected they complain that the performance of bitcoin has been poor.

And this can be so discouraging for investors that planned on long term hodling with such a high expectancy. Learn to treat bitcoin like a teenager that's just coming up and still has its future ahead of it and stop the unequal comparison with other financial instruments like gold that have been around for decades.

A number of persons might suggest i move the topic to speculation board, however I fondle it also suites here because the topic is not giving a prediction for BTC price but otherwise.   

I agree with you, people tend to forget how new bitcoin is after all. We live in an era where we are used to have everything fast, and we want it now, that's why there are so many people who lose money while they try to get rich pretty much overnight with some ridiculous investment, people have no patience so they say that bitcoin doesn't work/it has failed because they have expectations that are just too high.

[bettercrypto]

You know when an investor really understands Bitcoin as an investment. It will never feel disappointment in Bitcoin because it knows its pros and cons. This is the logic I see when you have a deep understanding of Bitcoin.

With the opportunities that we have now, almost most of the community here in the bitcoin and crypto industry has very high expectations for the upcoming bitcoin halving and bull run, but the question is, what if what they expect in bitcoin does not happen?

[icalical]

I do agree that Bitcoin is still young, but because of this youth that people could expect to speculate on Bitcoin, because the market is still very volatile, this is the right time for those speculator to speculate on Bitcoin price and to expect to gain much profit from it. I think when the bitcoin market is mature, the price will be more stable, it will be difficult to speculate on it, so people wouldn't gain much profit.

[Lida93]

I have read many articles exaggerating bitcoin price prediction's from both those who claim to be professionals and diverse bitcoin enthusiasts which I felt the necessity within to drop this piece figuratively.

We are expecting too much from bitcoin in just a short time of about 13years since it's creation. By logic bitcoin is just a teenager who has not yet attained the status of adulthood like the forex market for example, yet it has penetrate and saturate the financial market (global economy) becoming the talk of the town in the internet like it has been here 50 years ago.

The high expectations should be moderated so we can be able to appreciate the milestone growth bitcoin price has made. Commensurable with its age bitcoin price is doing great and only those who are not highly expectant setting their price  scale at a great distance of 100k, 150k, 200k will care to appreciate the feat, some even predict as high as $1M in the next bull run and when the price doesn't go even close as expected they complain that the performance of bitcoin has been poor.

And this can be so discouraging for investors that planned on long term hodling with such a high expectancy. Learn to treat bitcoin like a teenager that's just coming up and still has its future ahead of it and stop the unequal comparison with other financial instruments like gold that have been around for decades.

A number of persons might suggest i move the topic to speculation board, however I fondle it also suites here because the topic is not giving a prediction for BTC price but otherwise.   

I agree with you, people tend to forget how new bitcoin is after all. We live in an era where we are used to have everything fast, and we want it now, that's why there are so many people who lose money while they try to get rich pretty much overnight with some ridiculous investment, people have no patience so they say that bitcoin doesn't work/it has failed because they have expectations that are just too high.

If am not mistaking prior to bitcoin there have existed other cryptocurrency before now which die before the project even started but here's bitcoin which at first greater number of us who are adopters today 10 years ago  never thought bitcoin could gain the value it has now with an ATH of $69k.

The mainstream is doing great when set juxtaposition to other tech devs that were all created same period with and that's why we've to appreciate that level it's going, too high expectations and predictions can be misleading to others who are just getting to adopt bitcoin when they read those high figures with expectations and at the end of the halving and bull run it wasn't met I wonder what thoughts would be going through their heads.

[retreat]

It's true that many people today are overly enthusiastic about Bitcoin and make many predictions that don't actually make sense. Like Kraken CEO who stated that Bitcoin would reach $1 million USD in the next few years, and some said that Bitcoin could become a digital asset that would overcome poverty, this is too much. Let's think logically, because I am also a Bitcoin enthusiast, but I also think logically and don't just predict Bitcoin without clear analysis.

[suzanne5223]

Although Bitcoin may appear to be in the financial global economy market it will the verge of being a teenager once the spot ETF is approved which will pave the way for BTC to penetrate the financial market.
Having said that, most claimed professional or Bitcoin enthusiasts who make unreasonable price predictions of BTC are doing so to gain public attention while also trend in the news

[Raflesia]

One is that we should not expect a number that is too high compared to what is happening and should be satisfied with what we get. Second: we should set a specific goal and only sell bitcoin when we reach the goal, and of course, we should not set a specific time for our goal. Because we all know that no one can predict the future and we are no exception. My goal and plan is that I will only sell when bitcoin reaches my goal and I am willing to wait until the 2030 bull season if this bull season fails to reach my goal.

I still feel that when talking about speculation, such things are not prohibited but don't make it too much as if it is exaggerated because such things are also not very good especially when spoken by an influencer or someone who has time behind him because even if it is just speculation and we as people who understand must know such things but not all will consider it just speculation especially new people who in the end this gives the wrong understanding to their followers which in fact this will be the forerunner that bitcoin will look bad because the expectations are higher than our thoughts who should realize the process is not that fast.
I don't prohibit anyone in this case when they want to comment on bitcoin and price speculation because it is a situation they create themselves but it would be great if indeed our rationality is also given especially to those who do have a large following.

[abel1337]

One is that we should not expect a number that is too high compared to what is happening and should be satisfied with what we get. Second: we should set a specific goal and only sell bitcoin when we reach the goal, and of course, we should not set a specific time for our goal. Because we all know that no one can predict the future and we are no exception. My goal and plan is that I will only sell when bitcoin reaches my goal and I am willing to wait until the 2030 bull season if this bull season fails to reach my goal.

I still feel that when talking about speculation, such things are not prohibited but don't make it too much as if it is exaggerated because such things are also not very good especially when spoken by an influencer or someone who has time behind him because even if it is just speculation and we as people who understand must know such things but not all will consider it just speculation especially new people who in the end this gives the wrong understanding to their followers which in fact this will be the forerunner that bitcoin will look bad because the expectations are higher than our thoughts who should realize the process is not that fast.
I don't prohibit anyone in this case when they want to comment on bitcoin and price speculation because it is a situation they create themselves but it would be great if indeed our rationality is also given especially to those who do have a large following.

I remember the days where those influencers are hyping things on bitcoin and really pushing it to reach $100k before the bear market starts. I can say that there's a chance but realistically speaking, the market isn't ready yet. People end up buying more and more because of the false hope that those influencers spread last bull market. I don't really like the influencer thing last bull market since there are so so so many influencers that has a crazy speculation especially in the altcoin and NFT markets where I can foresee that they are paid to speculate the price to an extent that it is not achievable. It's the same on bitcoin, we only experienced few bull markets and we still don't know where would all this price speculations can go. I hope that the speculations we have is closer to reality given that we all might disappoint ourselves, I personally think it's better to underestimate bitcoin because it really hypes me up when it exceeded my price expectation.

[goinmerry]

A real and serious nvestors won't be called investors if they don't explore every inch of what would be their investment.

There is no such thing as these investors will be discourage if what will they saw in the Bitcoin community is expectation by everyone that Bitcoin will reach their respective target moon price. Investors have their own reason why should they invest or choose not to invest their money on Bitcoin and it's out of our business anymore.

Just be on your usual. Don't bother with that mindset of yours. We don't need to encourage anyone to invest in Bitcoin.

[Fivestar4everMVP]

Teenagers are of different destinies, while generally, teenagers are considered to be people who are still very young and just coming out from their children age, there are still some people who become millionaires in their age, there are some people who bagged first class in their teenage age, there are also some people won the highest scholarships in their teenage age.

So going by the above, i would repeat what i said earlier that teenagers are of different destinies, we have some teenagers who are doing big things, things that some adults can't even do.

I am in no way saying that its right for people to exaggerate when it comes to predicting the possible price bitcoin will attain as its new all-time high in the coming bull run, but what i am saying in essence is that, the fact it took gold or some other major assets we have to several decades and centuries to get to where they are today, does not mean that bitcoin should follow the same pattern, Bitcoin is completely a whole new innovation and technology, there is nothing like it anywhere in the world, gold had competitors like silver and diamond.

So even if bitcoin does $1 million dollars in the next bull run, I won't be surprised either way.

[Odusko]

One is that we should not expect a number that is too high compared to what is happening and should be satisfied with what we get. Second: we should set a specific goal and only sell bitcoin when we reach the goal, and of course, we should not set a specific time for our goal. Because we all know that no one can predict the future and we are no exception. My goal and plan is that I will only sell when bitcoin reaches my goal and I am willing to wait until the 2030 bull season if this bull season fails to reach my goal.

I still feel that when talking about speculation, such things are not prohibited but don't make it too much as if it is exaggerated because such things are also not very good especially when spoken by an influencer or someone who has time behind him because even if it is just speculation and we as people who understand must know such things but not all will consider it just speculation especially new people who in the end this gives the wrong understanding to their followers which in fact this will be the forerunner that bitcoin will look bad because the expectations are higher than our thoughts who should realize the process is not that fast.
I don't prohibit anyone in this case when they want to comment on bitcoin and price speculation because it is a situation they create themselves but it would be great if indeed our rationality is also given especially to those who do have a large following.

Bitcoin speculation is  one of the activities within the Bitcoin network that give excitement to Bitcoin holders and keep their motivation and satirical capacity highly alerted with the time as the market keeps revolving and making new waves in terms of price, so for me I believe that speculations will do more good than harm unless for those who may take speculation seriously instead of what it should be taken for which is just for statistical analysis of the Bitcoin market and nothing more.
Bitcoin price speculations shouldn't be taken as an investment advice and more so they should only reflect what the investor feels about the market and what the expert the future price to be like.

[Ale88]

A real and serious nvestors won't be called investors if they don't explore every inch of what would be their investment.

Now it's easy to find information about bitcoin, and also we have a strong growth history, but at first you need to be a visionary rather than an investor. Let's not forget that those who began buying the first bitcoins over 10 years ago were mainly kids and nerds, I'm pretty sure almost none of those were investors, but they've been able to see something that others didn't. Let's not forget that people like Buffett, probably the best investor in history, is still against bitcoin, and I'm pretty sure he did his researches about it.

[kingvirtus09]

One is that we should not expect a number that is too high compared to what is happening and should be satisfied with what we get. Second: we should set a specific goal and only sell bitcoin when we reach the goal, and of course, we should not set a specific time for our goal. Because we all know that no one can predict the future and we are no exception. My goal and plan is that I will only sell when bitcoin reaches my goal and I am willing to wait until the 2030 bull season if this bull season fails to reach my goal.

I still feel that when talking about speculation, such things are not prohibited but don't make it too much as if it is exaggerated because such things are also not very good especially when spoken by an influencer or someone who has time behind him because even if it is just speculation and we as people who understand must know such things but not all will consider it just speculation especially new people who in the end this gives the wrong understanding to their followers which in fact this will be the forerunner that bitcoin will look bad because the expectations are higher than our thoughts who should realize the process is not that fast.
I don't prohibit anyone in this case when they want to comment on bitcoin and price speculation because it is a situation they create themselves but it would be great if indeed our rationality is also given especially to those who do have a large following.

I remember the days where those influencers are hyping things on bitcoin and really pushing it to reach $100k before the bear market starts. I can say that there's a chance but realistically speaking, the market isn't ready yet. People end up buying more and more because of the false hope that those influencers spread last bull market. I don't really like the influencer thing last bull market since there are so so so many influencers that has a crazy speculation especially in the altcoin and NFT markets where I can foresee that they are paid to speculate the price to an extent that it is not achievable. It's the same on bitcoin, we only experienced few bull markets and we still don't know where would all this price speculations can go. I hope that the speculations we have is closer to reality given that we all might disappoint ourselves, I personally think it's better to underestimate bitcoin because it really hypes me up when it exceeded my price expectation.

Until now, the majority of crypto influencers in this industry have continued to hype the viewers here on YouTube. If you just watch and don't understand what they say in their content, you will be really hyped and swept away by the wave that they want to happen.

That's why I just pick what I think is a useful idea, because I know that most of them are just soup, and there is no truth in them that I have seen and noticed many times. That's why sometimes I don't watch it because the way I see it sounds boring.

[Solokan]

The presence of BTC has existed for more than a decade since it was created by Satoshi Nakamoto and in 2011 of course there were still very few people who knew about BTC and from year to year the number of Bitcoin enthusiasts continues to increase, but of course it cannot be separated from its advantages and disadvantages and until now In fact, people don't know lots about BTC and in my area there are still very few people who know about it.

So even though BTC is more than 10 years old, it can still be said to be a teenager because when compared to gold, of course gold has been around longer. However, in this case we cannot force someone to invest in BTC, because BTC is only intended for those who are ready for the risks posed by BTC. Let BTC grow by itself and I am sure that one day BTC will be in great demand by the public.

Lots of people predict that Bitcoin will one day be expensive and the price is fantastic and I as a BTC investor just smile and I hope that the price of BTC will be very high one day.

[summonerrk]

I have read many articles exaggerating bitcoin price prediction's from both those who claim to be professionals and diverse bitcoin enthusiasts which I felt the necessity within to drop this piece figuratively.

We are expecting too much from bitcoin in just a short time of about 13years since it's creation. By logic bitcoin is just a teenager who has not yet attained the status of adulthood like the forex market for example, yet it has penetrate and saturate the financial market (global economy) becoming the talk of the town in the internet like it has been here 50 years ago.

The high expectations should be moderated so we can be able to appreciate the milestone growth bitcoin price has made. Commensurable with its age bitcoin price is doing great and only those who are not highly expectant setting their price  scale at a great distance of 100k, 150k, 200k will care to appreciate the feat, some even predict as high as $1M in the next bull run and when the price doesn't go even close as expected they complain that the performance of bitcoin has been poor.

And this can be so discouraging for investors that planned on long term hodling with such a high expectancy. Learn to treat bitcoin like a teenager that's just coming up and still has its future ahead of it and stop the unequal comparison with other financial instruments like gold that have been around for decades.

A number of persons might suggest i move the topic to speculation board, however I fondle it also suites here because the topic is not giving a prediction for BTC price but otherwise.   

Therefore, I agree that the price of $ 60k is very important for such a phenomenon as bitcoin. I perfectly remember the moment when a friend told me about bitcoin conda it cost a hundred dollars! I just think what a journey has been made since that moment. What conclusion can be drawn from all this? Bitcoin will not soon renew its All-Time High, because the price is probably growing too fast. So it's better to play in a bear market.

[YUriy1991]

A real and serious nvestors won't be called investors if they don't explore every inch of what would be their investment.

There is no such thing as these investors will be discourage if what will they saw in the Bitcoin community is expectation by everyone that Bitcoin will reach their respective target moon price. Investors have their own reason why should they invest or choose not to invest their money on Bitcoin and it's out of our business anymore.

Just be on your usual. Don't bother with that mindset of yours. We don't need to encourage anyone to invest in Bitcoin.

and also currently I also see that there is still a lot of confusion and even fear about what Bitcoin will do to Bitcoin. So I think it's also based on convenience and so on. what to do if we are sure to continue Register on a reputable bitcoin exchange, and place our bitcoins to start trading. But try at our own risk and use proper risk management.

[Blitzboy]

One is that we should not expect a number that is too high compared to what is happening and should be satisfied with what we get. Second: we should set a specific goal and only sell bitcoin when we reach the goal, and of course, we should not set a specific time for our goal. Because we all know that no one can predict the future and we are no exception. My goal and plan is that I will only sell when bitcoin reaches my goal and I am willing to wait until the 2030 bull season if this bull season fails to reach my goal.

I still feel that when talking about speculation, such things are not prohibited but don't make it too much as if it is exaggerated because such things are also not very good especially when spoken by an influencer or someone who has time behind him because even if it is just speculation and we as people who understand must know such things but not all will consider it just speculation especially new people who in the end this gives the wrong understanding to their followers which in fact this will be the forerunner that bitcoin will look bad because the expectations are higher than our thoughts who should realize the process is not that fast.
I don't prohibit anyone in this case when they want to comment on bitcoin and price speculation because it is a situation they create themselves but it would be great if indeed our rationality is also given especially to those who do have a large following.

Bitcoin speculation is  one of the activities within the Bitcoin network that give excitement to Bitcoin holders and keep their motivation and satirical capacity highly alerted with the time as the market keeps revolving and making new waves in terms of price, so for me I believe that speculations will do more good than harm unless for those who may take speculation seriously instead of what it should be taken for which is just for statistical analysis of the Bitcoin market and nothing more.
Bitcoin price speculations shouldn't be taken as an investment advice and more so they should only reflect what the investor feels about the market and what the expert the future price to be like.

Speculation has pros and cons. It boosts Bitcoin market interest but also increases volatility and uncertainty. Why? Investor emotions, market movements, and hype fuel speculation. We must remember that speculation is not investment. Its more like educated guessing (like weather prediction). Patterns and previous data inform your forecast. However, weather forecasts always have an error margin. We're talking about Bitcoin price predictions, not certainties.

Avoid getting caught up in speculation Remember to research, understand the market, and know your risk tolerance. Remember, not everyone can handle Bitcoin's volatility. So, speculation? Fun to talk, dangerous to invest. Keep it in the Bitcoin conversation, but not the whole thing.

[God bless u]

I  agree with your point Bitcoin is still relatively young and expecting it to reach moon prices within a short period of time.
I believe that we should appreciate the significant growth that bitcoin has achieved so far considering its age. It has made remarkable strides.
We should treat bitcoin as a teenager that is still developing and has a promising future ahead. In the next Bull run it has much ability to grow significantly and if it will touch its ATH so it can go above 100K easily.

Bitcoin is younger than other assets and has proved to be one of the best asset ever therefore demand for it is increasing massively. Even bitcoin is younger than gold which has been use by the people from past but bitcoin has gain the curiosity of numerous individuals because price of bitcoin is increasing more rapidly than gold. As teenager are more stronger than others same is bitcoin that it has more value and is more stronger than other assets.

The price will surely reach to the maximum price therefore with hope of fulfilment of their dreams everyone wants to buy bitcoin this time. No other coins has shown such a higher price in short duration but bitcoin attained boosting price so if halving occurs the price will be more than this and bitcoin will become more valuable in the year of 2024 when Bull run initiate.

[wallet4bitcoin]

Bitcoin is younger than other assets and has proved to be one of the best asset ever therefore demand for it is increasing massively

Sincerely speaking, Bitcoin is still a teenager, considering its age but the rate of its appreciation is liken to a millenial. It looks as if the engineers and the innovators of the technology factored in the best rate acceleration methodology into the technology to get it to grow at a tremendously fast pace.

If you can walk up to the world to prove that an asset is actually fast paced in terms of ROI then, that asset is non other than Bitcoin and other coins within the blockchain ecosystem.

[flyingcarpet]

The presence of BTC has existed for more than a decade since it was created by Satoshi Nakamoto and in 2011 of course there were still very few people who knew about BTC and from year to year the number of Bitcoin enthusiasts continues to increase, but of course it cannot be separated from its advantages and disadvantages and until now In fact, people don't know lots about BTC and in my area there are still very few people who know about it.

So even though BTC is more than 10 years old, it can still be said to be a teenager because when compared to gold, of course gold has been around longer. However, in this case we cannot force someone to invest in BTC, because BTC is only intended for those who are ready for the risks posed by BTC. Let BTC grow by itself and I am sure that one day BTC will be in great demand by the public.

Lots of people predict that Bitcoin will one day be expensive and the price is fantastic and I as a BTC investor just smile and I hope that the price of BTC will be very high one day.

We cannot force anyone to invest in anything. This is not just about Bitcoin but about every investment instrument.

Bitcoin and gold are 2 different investment instruments. I think investment instruments should not be compared with each other. Each investment instrument has its own characteristics and investors make their investments knowing this.

I know that Bitcoin will become more widespread as time goes by and will become more valuable as it becomes more widespread. What I agree with you on is that many people don't know much about Bitcoin.

[Inwestour]

Therefore, I agree that the price of $ 60k is very important for such a phenomenon as bitcoin. I perfectly remember the moment when a friend told me about bitcoin conda it cost a hundred dollars! I just think what a journey has been made since that moment. What conclusion can be drawn from all this? Bitcoin will not soon renew its All-Time High, because the price is probably growing too fast. So it's better to play in a bear market.

Why do you think that Bitcoin will not update ATH soon? It seems to me that he is moving very confidently towards this goal, but maybe it won’t happen this year and maybe it won’t even happen next year, but I expect 2024-2025 to be the time when the bull market will come and at that time everything will grow.

So, in my opinion, we have to wait not so long and perhaps for us still waiting some corrections, because it cannot only grow constantly, but there is not long left until the bull market.

[Negotiation]

Bitcoin is younger than other assets and has proved to be one of the best asset ever therefore demand for it is increasing massively

Sincerely speaking, Bitcoin is still a teenager, considering its age but the rate of its appreciation is liken to a millenial. It looks as if the engineers and the innovators of the technology factored in the best rate acceleration methodology into the technology to get it to grow at a tremendously fast pace.

If you can walk up to the world to prove that an asset is actually fast paced in terms of ROI then, that asset is non other than Bitcoin and other coins within the blockchain ecosystem.

The times have changed compared to the past with the advancement of technology and the world economy is now leaning towards a new direction. Starting with big companies banks are also showing some interest in bitcoin. In fact there is nothing to prove about bitcoin to the world bitcoin is getting faster and faster through the blockchain system. Its demand is getting noticed more and more as the days go by. Many countries around the world are legalizing bitcoin.

[summonerrk]

Therefore, I agree that the price of $ 60k is very important for such a phenomenon as bitcoin. I perfectly remember the moment when a friend told me about bitcoin conda it cost a hundred dollars! I just think what a journey has been made since that moment. What conclusion can be drawn from all this? Bitcoin will not soon renew its All-Time High, because the price is probably growing too fast. So it's better to play in a bear market.

Why do you think that Bitcoin will not update ATH soon? It seems to me that he is moving very confidently towards this goal, but maybe it won’t happen this year and maybe it won’t even happen next year, but I expect 2024-2025 to be the time when the bull market will come and at that time everything will grow.

So, in my opinion, we have to wait not so long and perhaps for us still waiting some corrections, because it cannot only grow constantly, but there is not long left until the bull market.

If you look as far as in the period including 2025, then updating all time high no longer seems impossible on the desktop. But in the near future, the price is too close to hitting the levels around 44000, which are the top of the current small trend. At the same time, if you look back a little, then not so long ago the price of bitcoin could not overcome the resistance level at 48000. Based on these figures, I think that the price will not be able to gain a foothold above 50,000 even if it breaks 48,000. And even if the society has a positive attitude towards the new year and Christmas, I think that the price may well fall no lower than 25,000.

[Wend]

Therefore, I agree that the price of $ 60k is very important for such a phenomenon as bitcoin. I perfectly remember the moment when a friend told me about bitcoin conda it cost a hundred dollars! I just think what a journey has been made since that moment. What conclusion can be drawn from all this? Bitcoin will not soon renew its All-Time High, because the price is probably growing too fast. So it's better to play in a bear market.

Why do you think that Bitcoin will not update ATH soon? It seems to me that he is moving very confidently towards this goal, but maybe it won’t happen this year and maybe it won’t even happen next year, but I expect 2024-2025 to be the time when the bull market will come and at that time everything will grow.

So, in my opinion, we have to wait not so long and perhaps for us still waiting some corrections, because it cannot only grow constantly, but there is not long left until the bull market.

If you look as far as in the period including 2025, then updating all time high no longer seems impossible on the desktop. But in the near future, the price is too close to hitting the levels around 44000, which are the top of the current small trend. At the same time, if you look back a little, then not so long ago the price of bitcoin could not overcome the resistance level at 48000. Based on these figures, I think that the price will not be able to gain a foothold above 50,000 even if it breaks 48,000. And even if the society has a positive attitude towards the new year and Christmas, I think that the price may well fall no lower than 25,000.

If you are talking about short term this year or before halving then I agree with what you said. Even if bitcoin surpasses $50K this year, there is no guarantee that we are definitely in bull season and the price will never fall again. Given the current market situation, what is going on is just hype surrounding ETF news and I believe that once the SEC delays again. Everything could easily go back to where it started from like a few weeks ago. We cannot enter the bull season until halving takes place.

[glendall]

Everyone's predictions are different, so I think everyone must have a prediction for the value of Bitcoin itself, but sometimes predictions don't match existing expectations. There is some truth in the predictions that are reported that can make new investors come, but it can't be denied either. there will be many investors who retreat with their prediction errors.
So basically, in my opinion, predictions are not a benchmark for investing, but research into the progress of Bitcoin itself is what can make investors survive.

[Silberman]

Everyone's predictions are different, so I think everyone must have a prediction for the value of Bitcoin itself, but sometimes predictions don't match existing expectations. There is some truth in the predictions that are reported that can make new investors come, but it can't be denied either. there will be many investors who retreat with their prediction errors.
So basically, in my opinion, predictions are not a benchmark for investing, but research into the progress of Bitcoin itself is what can make investors survive.

We must not confuse the many predictions we may read about how high the price of bitcoin could become at the end of the upcoming bull run and make them actual price targets we hope to achieve, I say this because with the possibility of a bitcoin ETF being approved I am once again seeing outrageous predictions of bitcoin reaching one million dollars or more during the next bull run, so this reminds me a lot to what happened during the 2017 bull run and the huge disappointment that followed when the price came nowhere near close to reach the price that was predicted by a great deal of the investors at the time.

[Baofeng]

I have read many articles exaggerating bitcoin price prediction's from both those who claim to be professionals and diverse bitcoin enthusiasts which I felt the necessity within to drop this piece figuratively.

We are expecting too much from bitcoin in just a short time of about 13years since it's creation. By logic bitcoin is just a teenager who has not yet attained the status of adulthood like the forex market for example, yet it has penetrate and saturate the financial market (global economy) becoming the talk of the town in the internet like it has been here 50 years ago.

The high expectations should be moderated so we can be able to appreciate the milestone growth bitcoin price has made. Commensurable with its age bitcoin price is doing great and only those who are not highly expectant setting their price  scale at a great distance of 100k, 150k, 200k will care to appreciate the feat, some even predict as high as $1M in the next bull run and when the price doesn't go even close as expected they complain that the performance of bitcoin has been poor.

And this can be so discouraging for investors that planned on long term hodling with such a high expectancy. Learn to treat bitcoin like a teenager that's just coming up and still has its future ahead of it and stop the unequal comparison with other financial instruments like gold that have been around for decades.

A number of persons might suggest i move the topic to speculation board, however I fondle it also suites here because the topic is not giving a prediction for BTC price but otherwise.   

Nah, I think will we find even if we hear this kind of predictions and numbers. Lest you forget in very beginning, there are a lot of early investors who for unknown reasons, after investing on it think that it won't go that far. But look at where the price to this day, and we have heard stories that they have regret selling their stash when they just bought it at $1-$10.

Yes, the market is fairly young, but if you are going to compare it to other assets, it's one of the best mover in it's 10 years history.

So it could be a teenager, but it has a lot of potential obviously. So let's just welcome with open arms those predictions as I don't think it will discourage investors. On the contrary, I think it will make them invest more in the market.

[summonerrk]

Therefore, I agree that the price of $ 60k is very important for such a phenomenon as bitcoin. I perfectly remember the moment when a friend told me about bitcoin conda it cost a hundred dollars! I just think what a journey has been made since that moment. What conclusion can be drawn from all this? Bitcoin will not soon renew its All-Time High, because the price is probably growing too fast. So it's better to play in a bear market.

Why do you think that Bitcoin will not update ATH soon? It seems to me that he is moving very confidently towards this goal, but maybe it won’t happen this year and maybe it won’t even happen next year, but I expect 2024-2025 to be the time when the bull market will come and at that time everything will grow.

So, in my opinion, we have to wait not so long and perhaps for us still waiting some corrections, because it cannot only grow constantly, but there is not long left until the bull market.

If you look as far as in the period including 2025, then updating all time high no longer seems impossible on the desktop. But in the near future, the price is too close to hitting the levels around 44000, which are the top of the current small trend. At the same time, if you look back a little, then not so long ago the price of bitcoin could not overcome the resistance level at 48000. Based on these figures, I think that the price will not be able to gain a foothold above 50,000 even if it breaks 48,000. And even if the society has a positive attitude towards the new year and Christmas, I think that the price may well fall no lower than 25,000.

If you are talking about short term this year or before halving then I agree with what you said. Even if bitcoin surpasses $50K this year, there is no guarantee that we are definitely in bull season and the price will never fall again. Given the current market situation, what is going on is just hype surrounding ETF news and I believe that once the SEC delays again. Everything could easily go back to where it started from like a few weeks ago. We cannot enter the bull season until halving takes place.

I think halving is overrated in terms of its impact on the market. He had an insane increase in the price of bitcoin just because no one expected it. But now society has noticed this correlation for a long time and growth is not so possible. Remember Litecoin - nothing happened when halving it. Precisely because everyone was waiting for growth. I think the market has one rule that is always fulfilled: to be as unpredictable as possible.

[fuguebtc]

Therefore, I agree that the price of $ 60k is very important for such a phenomenon as bitcoin. I perfectly remember the moment when a friend told me about bitcoin conda it cost a hundred dollars! I just think what a journey has been made since that moment. What conclusion can be drawn from all this? Bitcoin will not soon renew its All-Time High, because the price is probably growing too fast. So it's better to play in a bear market.

Why do you think that Bitcoin will not update ATH soon? It seems to me that he is moving very confidently towards this goal, but maybe it won’t happen this year and maybe it won’t even happen next year, but I expect 2024-2025 to be the time when the bull market will come and at that time everything will grow.

So, in my opinion, we have to wait not so long and perhaps for us still waiting some corrections, because it cannot only grow constantly, but there is not long left until the bull market.

If you look as far as in the period including 2025, then updating all time high no longer seems impossible on the desktop. But in the near future, the price is too close to hitting the levels around 44000, which are the top of the current small trend. At the same time, if you look back a little, then not so long ago the price of bitcoin could not overcome the resistance level at 48000. Based on these figures, I think that the price will not be able to gain a foothold above 50,000 even if it breaks 48,000. And even if the society has a positive attitude towards the new year and Christmas, I think that the price may well fall no lower than 25,000.

If you are talking about short term this year or before halving then I agree with what you said. Even if bitcoin surpasses $50K this year, there is no guarantee that we are definitely in bull season and the price will never fall again. Given the current market situation, what is going on is just hype surrounding ETF news and I believe that once the SEC delays again. Everything could easily go back to where it started from like a few weeks ago. We cannot enter the bull season until halving takes place.

I think halving is overrated in terms of its impact on the market. He had an insane increase in the price of bitcoin just because no one expected it. But now society has noticed this correlation for a long time and growth is not so possible. Remember Litecoin - nothing happened when halving it. Precisely because everyone was waiting for growth. I think the market has one rule that is always fulfilled: to be as unpredictable as possible.

You cannot compare LTC's halving with bitcoin because their demand in the market is different. Even you, are you investing in LTC and believing in its future? But with bitcoin, I believe you have faith and are holding a more significant number of bitcoins. Not to mention, LTC is even undervalued than many other altcoins and its market capitalization is not comparable to bitcoin. Meanwhile, the entire market depends on bitcoin, bitcoin dominance accounts for more than 50% of the entire market capitalization...lots of difference. So, it cannot be said that just because the LTC halving did not bring any price increase that the same will happen to bitcoin.

[Wend]

Therefore, I agree that the price of $ 60k is very important for such a phenomenon as bitcoin. I perfectly remember the moment when a friend told me about bitcoin conda it cost a hundred dollars! I just think what a journey has been made since that moment. What conclusion can be drawn from all this? Bitcoin will not soon renew its All-Time High, because the price is probably growing too fast. So it's better to play in a bear market.

Why do you think that Bitcoin will not update ATH soon? It seems to me that he is moving very confidently towards this goal, but maybe it won’t happen this year and maybe it won’t even happen next year, but I expect 2024-2025 to be the time when the bull market will come and at that time everything will grow.

So, in my opinion, we have to wait not so long and perhaps for us still waiting some corrections, because it cannot only grow constantly, but there is not long left until the bull market.

If you look as far as in the period including 2025, then updating all time high no longer seems impossible on the desktop. But in the near future, the price is too close to hitting the levels around 44000, which are the top of the current small trend. At the same time, if you look back a little, then not so long ago the price of bitcoin could not overcome the resistance level at 48000. Based on these figures, I think that the price will not be able to gain a foothold above 50,000 even if it breaks 48,000. And even if the society has a positive attitude towards the new year and Christmas, I think that the price may well fall no lower than 25,000.

If you are talking about short term this year or before halving then I agree with what you said. Even if bitcoin surpasses $50K this year, there is no guarantee that we are definitely in bull season and the price will never fall again. Given the current market situation, what is going on is just hype surrounding ETF news and I believe that once the SEC delays again. Everything could easily go back to where it started from like a few weeks ago. We cannot enter the bull season until halving takes place.

I think halving is overrated in terms of its impact on the market. He had an insane increase in the price of bitcoin just because no one expected it. But now society has noticed this correlation for a long time and growth is not so possible. Remember Litecoin - nothing happened when halving it. Precisely because everyone was waiting for growth. I think the market has one rule that is always fulfilled: to be as unpredictable as possible.

It's not that people are overestimating the halving, it's that history has shown us that and what people are expecting is for history to repeat itself. I'm also thinking about this, when everyone is looking forward to the halving event and thinking that bull season will come. But the market is not just us, the market makers are the ones controlling this game. They are manipulating us, they always make bitcoin go against the crowd's expectations. So I thought maybe they would change the rules a little to make people panic.

[summonerrk]

Therefore, I agree that the price of $ 60k is very important for such a phenomenon as bitcoin. I perfectly remember the moment when a friend told me about bitcoin conda it cost a hundred dollars! I just think what a journey has been made since that moment. What conclusion can be drawn from all this? Bitcoin will not soon renew its All-Time High, because the price is probably growing too fast. So it's better to play in a bear market.

Why do you think that Bitcoin will not update ATH soon? It seems to me that he is moving very confidently towards this goal, but maybe it won’t happen this year and maybe it won’t even happen next year, but I expect 2024-2025 to be the time when the bull market will come and at that time everything will grow.

So, in my opinion, we have to wait not so long and perhaps for us still waiting some corrections, because it cannot only grow constantly, but there is not long left until the bull market.

If you look as far as in the period including 2025, then updating all time high no longer seems impossible on the desktop. But in the near future, the price is too close to hitting the levels around 44000, which are the top of the current small trend. At the same time, if you look back a little, then not so long ago the price of bitcoin could not overcome the resistance level at 48000. Based on these figures, I think that the price will not be able to gain a foothold above 50,000 even if it breaks 48,000. And even if the society has a positive attitude towards the new year and Christmas, I think that the price may well fall no lower than 25,000.

If you are talking about short term this year or before halving then I agree with what you said. Even if bitcoin surpasses $50K this year, there is no guarantee that we are definitely in bull season and the price will never fall again. Given the current market situation, what is going on is just hype surrounding ETF news and I believe that once the SEC delays again. Everything could easily go back to where it started from like a few weeks ago. We cannot enter the bull season until halving takes place.

I think halving is overrated in terms of its impact on the market. He had an insane increase in the price of bitcoin just because no one expected it. But now society has noticed this correlation for a long time and growth is not so possible. Remember Litecoin - nothing happened when halving it. Precisely because everyone was waiting for growth. I think the market has one rule that is always fulfilled: to be as unpredictable as possible.

It's not that people are overestimating the halving, it's that history has shown us that and what people are expecting is for history to repeat itself. I'm also thinking about this, when everyone is looking forward to the halving event and thinking that bull season will come. But the market is not just us, the market makers are the ones controlling this game. They are manipulating us, they always make bitcoin go against the crowd's expectations. So I thought maybe they would change the rules a little to make people panic.

Exactly. Huge portions of FUD are very easily spread across the posts of news publications and cryptocurrency sites, and their sources are just campaigns that may well have huge accounts in cryptocurrencies.

If we consider Elon Musk as an example, he vividly showed everyone how coolly the rich can manipulate the market, and how easily the players of the cryptocurrency market submit to ensenuations.

The rule always works: "don't go where everyone is going."

[Blitzboy]

`

Exactly. Huge portions of FUD are very easily spread across the posts of news publications and cryptocurrency sites, and their sources are just campaigns that may well have huge accounts in cryptocurrencies.

If we consider Elon Musk as an example, he vividly showed everyone how coolly the rich can manipulate the market, and how easily the players of the cryptocurrency market submit to ensenuations.

The rule always works: "don't go where everyone is going."

Its true that the cryptocurrency market is a playground for rich people and that tweets can change everything. This is a truth that cant be denied. Elon Musk's wild behavior? They're just the tip of the iceberg. Theres more to it than just manipulating the market. There are big players who play a psychological game with the masses, and the crowds dance.

"Dont go where everyone is going" is your rule? Right on, but lets go even further. Say this instead: "Dont just swim against the current; be the current." Crypto fans need to stop just watching the market and start taking part with knowledge. Its good to be skeptical, but lets feed it with facts, not just feelings.

We need to break down these FUD efforts and figure out where they came from and why they are doing what they are doing. Why? To uderstand those who try to control the market. Remember that the best move in chess is the one your opponent doesnt see coming. Be wise and we will all be rich together

[SAHASAN]

I am sure that only 10 years holding is enough for change the life of any people with only invest 10% of his income.

[Mr.suevie]

Therefore, I agree that the price of $ 60k is very important for such a phenomenon as bitcoin. I perfectly remember the moment when a friend told me about bitcoin conda it cost a hundred dollars! I just think what a journey has been made since that moment. What conclusion can be drawn from all this? Bitcoin will not soon renew its All-Time High, because the price is probably growing too fast. So it's better to play in a bear market.

Why do you think that Bitcoin will not update ATH soon? It seems to me that he is moving very confidently towards this goal, but maybe it won’t happen this year and maybe it won’t even happen next year, but I expect 2024-2025 to be the time when the bull market will come and at that time everything will grow.

So, in my opinion, we have to wait not so long and perhaps for us still waiting some corrections, because it cannot only grow constantly, but there is not long left until the bull market.

If you look as far as in the period including 2025, then updating all time high no longer seems impossible on the desktop. But in the near future, the price is too close to hitting the levels around 44000, which are the top of the current small trend. At the same time, if you look back a little, then not so long ago the price of bitcoin could not overcome the resistance level at 48000. Based on these figures, I think that the price will not be able to gain a foothold above 50,000 even if it breaks 48,000. And even if the society has a positive attitude towards the new year and Christmas, I think that the price may well fall no lower than 25,000.

If you are talking about short term this year or before halving then I agree with what you said. Even if bitcoin surpasses $50K this year, there is no guarantee that we are definitely in bull season and the price will never fall again. Given the current market situation, what is going on is just hype surrounding ETF news and I believe that once the SEC delays again. Everything could easily go back to where it started from like a few weeks ago. We cannot enter the bull season until halving takes place.

I think halving is overrated in terms of its impact on the market. He had an insane increase in the price of bitcoin just because no one expected it. But now society has noticed this correlation for a long time and growth is not so possible. Remember Litecoin - nothing happened when halving it. Precisely because everyone was waiting for growth. I think the market has one rule that is always fulfilled: to be as unpredictable as possible.

It's not that people are overestimating the halving, it's that history has shown us that and what people are expecting is for history to repeat itself. I'm also thinking about this, when everyone is looking forward to the halving event and thinking that bull season will come. But the market is not just us, the market makers are the ones controlling this game. They are manipulating us, they always make bitcoin go against the crowd's expectations. So I thought maybe they would change the rules a little to make people panic.

You won't blame anyone for expecting much about the halving and the bull season that has been speculated to come after it. It's more like a sequence and everyone is seeing the fact that is behind it and it's believe that it would happen again. But instead of doubting the period until it happens again why not just get yourself ready of the said benefits that happen with the period as their is no harm that can happen to you if you know what you are doing.

[Makus]

I am sure that only 10 years holding is enough for change the life of any people with only invest 10% of his income.

10 years is a lot for someone to get enough profit from Bitcoin investment provided that, the person holding the coin does not behave like a newbie investor by selling his coins when its not yet time as regards to the pre planned investment schedule. And besides 10% from some persons income can be quite a huge sum, so based on the comment the bitcoin holder would be practicing DCA which is know to be one of the best accumulation strategies in Bitcoin investment. Mr SAHASAN you are absolutely correct with your statement 10% of income for 10years is enough for a live changing event.