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Author Topic: The volatility volumes of Bitcoin is not the Will of man  (Read 355 times)
EluguHcman (OP)
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November 21, 2023, 03:51:21 PM
 #1

I will remain to say that Bitcoin investment is not for everybody but it proffers flexibilities exciting opportunities in both of its investors who had already invested in the Bitcoin and the pre-investors who are yet to invest.

I made this thread for a unification because if Bitcoin systematic acceleration was programmed according to the will of man, the already investors in the industry would definitely hover the volatility of the coin to keep on Bull-Running being sentimental to the markets volume that is to give affordable impressive values to its willing investors (pre-investors). Whereas... They want to keep making it count profits with no lost as a medium of deflation.

I really appreciates it that the will of man is not the will of the volume of Bitcoin volatility.
The bull-run that  was so much impressive to the inventors are on a seize and now willing investors (pre-investors) has its time to take advantage and be pertakers in the Bitcoin market now.
I hope those interested in the Bitcoin investment would realize that the season for them is now and doesn't long for a lower volume else they would be left behind whereas time comes where the volume of the market also have to consider the other phase of favouring the already investors in the Bitcoin industrial markets.

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November 21, 2023, 06:17:54 PM
 #2

At the long run I later got your point in the post. Yes if man would decide what happens to the price of bitcoin directly then hodlers would always have the price high so that they will always be in profit but it is not happening that way.

First, the rule of demand and supply applies to bitcoin and that is why there is buy and sell, bull and bear. Also, the halving makes bitcoin very much attractive and creates more traffic to the bitcoin Blockchain and that creates the volume and volatility. One single man does not determine what happens in the price of bitcoin except in exceptional cases of manipulation and it never last forever.

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November 22, 2023, 05:47:11 AM
 #3

It is too early to say that the opportunity has been lost, because until the middle of next year the price may hover at the levels of $50,000, which is not much different from the current levels, but the price will begin to move from the month of June, and then we can say that prices have begun to move and that time will begin to run out, going through what will happen in 2025, but in the long term, it is assumed that more people understand that the lower the ratio of transaction fees to blocks reward, the more the 4-year cycles disappear and the more stable the price is, which means that fluctuations will not be forever.
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November 22, 2023, 08:34:14 AM
 #4

It is too early to say that the opportunity has been lost, because until the middle of next year the price may hover at the levels of $50,000, which is not much different from the current levels, but the price will begin to move from the month of June, and then we can say that prices have begun to move and that time will begin to run out, going through what will happen in 2025, but in the long term, it is assumed that more people understand that the lower the ratio of transaction fees to blocks reward, the more the 4-year cycles disappear and the more stable the price is, which means that fluctuations will not be forever.
A 4-year cycle is a sign that Bitcoin will peak again.
But before that happens, it seems that Bitcoin is still being tested with some bad news coming up,
such as CZ stepping down due to some issues that required the Binance CEO to step down.

Optimistically, we Bitcoin can reach the price of $ 50k in the middle of next year, it is a fairly close target.
But the end of 2023 we will see if Bitcoin is able to touch the price of $40k++ or not.

The volume of Bitcoin will increase with a lot of buying and selling activities carried out by traders and all of them have a contribution.
Who is able to survive, they will certainly contribute to the increase in the volume of Bitcoin.

We will see how Bitcoin develops for 2024-2025, and those years are predicted to be good years for Bitcoin.
I myself can only hold Bitcoin and a few altcoins that I believe can provide profits later.

R


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November 22, 2023, 09:05:44 AM
 #5

Humans desire to get involved in Bitcoin because of the many conveniences Bitcoin offers including the opportunity to earn huge profits. Satoshi never emphasized to anyone that Bitcoin was created for everyone, nor did he ever invite individuals in the wider community via social media to get involved in Bitcoin. He only introduced Bitcoin through a Whitepaper, as if he was saying, here's the latest breakthrough I discovered, read it and decide for yourself.

As is often the case in general, every new product has its pros and cons, but after Bitcoin has been around for more than a decade, the Bitcoin community is getting wider and will continue to grow. This is why Satoshi created Bitcoin as a decentralized asset, without any party being able to control the price, Bitcoin volatility volume can change at any time.

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Lida93
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November 22, 2023, 10:19:11 AM
 #6

The ending part did delivered the message plainly.
The decentralization of bitcoin is what still opens a window of opportunity for us to take part in the technology today and I'll say same for those persons that will be adopting bitcoin tomorrow too. If a circle of men called an authority were to dictate the price of bitcoin a whole lot of people wouldn't have be able to get onboard as they would have as many times as they want manipulated the price to their gain frustrating new interested coiners.

With the divisibility of bitcoin anyone can accumulate at their own speed based on their income flow without panic. On the brighter side the next halving circle for anyone that is buying now can bring them some profits which makes them not late compared to those that will be buying after the halving, by then the price would have been twice what it is now.

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November 22, 2023, 11:35:53 AM
 #7

I couldn't agree more, volatility is opportunity. It's the market dynamics and sentiments, the mechanism of supply and demand that makes it fluctuate.

During the times when I thought, "If only I had known about Bitcoin earlier, I might be a millionaire by now," it turns out we can't really predict its trajectory. However, when I started earning, I realized it was not too late after all. Maybe entering the market early allows for significant gains compared to my overall earnings.

Since I believed in the potential of Bitcoin, many good things happened in my life, especially in the financial aspect. I was able to help people around me, and numerous other opportunities opened up and were beneficial. You just really need to believe, be willing to learn, and take risks. I also believe that it has the potential to continue growing in the future.

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Yamane_Keto
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November 23, 2023, 06:17:08 PM
 #8

Humans desire to get involved in Bitcoin because of the many conveniences Bitcoin offers including the opportunity to earn huge profits.
Investing is not available to everyone. Unless you have enough cash to pay your monthly expenses and obligations, you will not be able to invest. The more money you have, the greater the return on investment. Therefore, investing $10 will not make you rich, but continue to buy more Bitcoin.

A 4-year cycle is a sign that Bitcoin will peak again.
But before that happens, it seems that Bitcoin is still being tested with some bad news coming up,
such as CZ stepping down due to some issues that required the Binance CEO to step down.



We still have 4 or 5 of these cycles, so it will be similar to either the 2013 or 2017 cycle. In any case, the possibility of 50 thousand before the middle of the year is possible. CZ News will not effect prices.
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November 23, 2023, 06:50:12 PM
 #9

-snip-
We still have 4 or 5 of these cycles, so it will be similar to either the 2013 or 2017 cycle. In any case, the possibility of 50 thousand before the middle of the year is possible. CZ News will not effect prices.
There is still quite a long way to go and there are still many opportunities to be able to set new records.
This cycle will be proof that Bitcoin will get stronger and can reach a new ATH afterward, we are all certainly very optimistic about Bitcoin.

$50k is a good target before Bitcoin reaches the new ATH, but my hope by the end of the year to be able to touch that $40k price is good enough and stay above that.

Regarding the CZ news, this can certainly affect the price, a few hours ago Bitcoin had a dump because of the news,
but the effect was indeed slight and not too long.
This is because people still believe in CZ, and I am also a fan of CZ.

Unlike if FTX and SBF are experiencing problems, it is a very strong decline and even a dark event in the crypto world.

R


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November 23, 2023, 07:31:05 PM
 #10

Anyone is never considered too late when it comes to investing, but perhaps they don't come at the right time, especially when prices are still low. Until now, the price of bitcoin can still be said to be low compared to the previous ATH. So I think investors should be able to consider this as a good opportunity to earn a lot of bitcoin before the big bullrun starts.

The halving will happen in a few months, and a spot bitcoin ETF is also awaiting approval. Many other ETF products have also been proposed and it seems that the fundamentals are very strong to create a larger market capitalization in 2025 and beyond. Some people think we will get ATH before the halving, but for me it's just a bonus.

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November 23, 2023, 08:06:02 PM
 #11

I will remain to say that Bitcoin investment is not for everybody but it proffers flexibilities exciting opportunities in both of its investors who had already invested in the Bitcoin and the pre-investors who are yet to invest.

I made this thread for a unification because if Bitcoin systematic acceleration was programmed according to the will of man, the already investors in the industry would definitely hover the volatility of the coin to keep on Bull-Running being sentimental to the markets volume that is to give affordable impressive values to its willing investors (pre-investors). Whereas... They want to keep making it count profits with no lost as a medium of deflation.

I'm sorry man but I really don't get your point here. Yes, bitcoin is a investment, although in the beginning, it was used to be a payment scheme and that's how Satoshi designed it. But it evolved to began as assets and now we are making profits out of it by buying low and selling high (during a bull run).

I really appreciates it that the will of man is not the will of the volume of Bitcoin volatility.
The bull-run that  was so much impressive to the inventors are on a seize and now willing investors (pre-investors) has its time to take advantage and be pertakers in the Bitcoin market now.
I hope those interested in the Bitcoin investment would realize that the season for them is now and doesn't long for a lower volume else they would be left behind whereas time comes where the volume of the market also have to consider the other phase of favouring the already investors in the Bitcoin industrial markets.

Doesn't matter what will be the season or cycle, but what favors us, is that during a bear market, we accumulate and during a bull run, we sell. So it's a 4 year cycle and it's going to be very volatile. But if you are that kind of investors who wants to hold, then definitely that is the best strategy. Just remember though, invest what you can afford to lose.

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November 23, 2023, 11:50:16 PM
 #12

We still have 4 or 5 of these cycles, so it will be similar to either the 2013 or 2017 cycle. In any case, the possibility of 50 thousand before the middle of the year is possible.
middle of next year, the $50K price of bitcoin is quite possible but as for the remaining month to wrap this year up, bitcoin cannot reach $50k. The bitcoin price is still battling to reach and cross the $38k price again. Not to talk of reaching $50k before the end of the year. Where I am speculating for $50k to come to fulfillment is the middle of next year towards the halving season.

CZ News will not effect prices.
I thought CZ news would have a side effect on Bitcoin price but it hasn't yet, rather the market keeps standing strong unshaken. Where I am looking out for the bitcoin price to fall in price, is when CZ tries to pay $4.3 billion charged fees against him through bitcoin. He may likely sell some of the Bitcoin he has on the Binance exchange. That will for sure decline the price of bitcoin. I am patiently waiting for that to happen so that I can accumulate more Bitcoin at a discount price.

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November 25, 2023, 11:31:36 PM
 #13

We still have 4 or 5 of these cycles, so it will be similar to either the 2013 or 2017 cycle. In any case, the possibility of 50 thousand before the middle of the year is possible.
middle of next year, the $50K price of bitcoin is quite possible but as for the remaining month to wrap this year up, bitcoin cannot reach $50k. The bitcoin price is still battling to reach and cross the $38k price again. Not to talk of reaching $50k before the end of the year. Where I am speculating for $50k to come to fulfillment is the middle of next year towards the halving season.

CZ News will not effect prices.
I thought CZ news would have a side effect on Bitcoin price but it hasn't yet, rather the market keeps standing strong unshaken. Where I am looking out for the bitcoin price to fall in price, is when CZ tries to pay $4.3 billion charged fees against him through bitcoin. He may likely sell some of the Bitcoin he has on the Binance exchange. That will for sure decline the price of bitcoin. I am patiently waiting for that to happen so that I can accumulate more Bitcoin at a discount price.

Maybe our conservative estimates can be put around $40k-$50k at the end of the year. So we will have to see if $50k is doable or not, still up on how bullish the market will be in the next month.

I do agree though about the CZ news, it's a bit scary, but it didn't put any significant effect on the market. Its a huge news as we all know that CZ and Binance is the top crypto exchange. But then again, maybe we really doesn't care anymore about this kind of news as everyone is very bullish at this point.

And with that, market is up to $37k'ish and could move to $38k in the next couple of days or end of November and then the last month will be exciting for us.

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November 25, 2023, 11:39:27 PM
 #14

At the long run I later got your point in the post. Yes if man would decide what happens to the price of bitcoin directly then hodlers would always have the price high so that they will always be in profit but it is not happening that way.

First, the rule of demand and supply applies to bitcoin and that is why there is buy and sell, bull and bear. Also, the halving makes bitcoin very much attractive and creates more traffic to the bitcoin Blockchain and that creates the volume and volatility. One single man does not determine what happens in the price of bitcoin except in exceptional cases of manipulation and it never last forever.
There's no way that we're gonna control bitcoin to how it gonna moves in the market and its price accordingly. The reason that there is supply and demand, and there are different factors that would affect the market like news and current events that would lead to how its price moves. Otherwise, if the market moves based on our own will and how we want it to be, then taking risks will not be worthy anymore and we will always expect to stay in profits no matter how negative factors hit the market badly.

But we all know bitcoin is highly volatile and highly unpredictable. Instead of seeing it a threat for us, let's consider it as another opportunity that will make us profitable in the market even in the times when we least expect it.

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November 25, 2023, 11:56:37 PM
 #15

Bitcoin is an investment that rewards those with a long time preference. In addition, traders also like to harness the short term volatility to make money. I personally think the only ones who win when it comes to traders are the exchanges that take fees from them, but I’m sure there are stories of the few who traded their way to massive riches.

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November 26, 2023, 03:35:09 AM
 #16

Each stage of development has different changes, and as I understand it, there will be a time when it will no longer follow the way people speculate about the fluctuation cycle. But preparing to launch with the upcoming price increase in 2025, I think people being too strict about the time to buy sometimes only increases skepticism because of the volatility that I think is acceptable at this stage.

This period is the accumulation from when Bitcoin fell below $20k to the present, or even exceeding the ATH.

Since I don't like shortterm exposure to large portfolios like bitcoin, speculating on a new ATH status also gives me the hope of hitting my target with my investment plan.









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November 26, 2023, 05:41:41 AM
 #17

Volatility refers to how much the price of Bitcoin fluctuates, it all depends on Investor interest, demand and supply which determine which direction the market will move. This factor can be considered a good thing because it gives investors the opportunity to make a profit by buying at low prices and selling at high prices. Volatility may seem intimidating to some investors new to Bitcoin, but not to most investors who have been in the crypto space for a long time. You can get big profits from Bitcoin's volatility if you have the right strategy, so it's never too late to invest in Bitcoin because its movements will always depend on how much the price fluctuates.

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November 26, 2023, 07:14:15 AM
 #18


$50k is a good target before Bitcoin reaches the new ATH, but my hope by the end of the year to be able to touch that $40k price is good enough and stay above that.

I love the volatility. I want to see more volatility. The reason is volatility over a long period of time leads to a good return. In contrast to other assets, Bitcoin enables investors to deploy capital into which they can invest millions of dollars and which will yield a symmetrical return at any time. Additionally, it has increased by more than 10% annually. It was the case for more than ten years. Individuals are holding and adding to their bitcoin stacks. The ETFs are going to be approved, the halving will come next year and Bitcoin is going to get to the moon almost at least 80- 100k. 2021 is going to happen again.

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November 26, 2023, 07:23:36 AM
 #19

For everybody or not for everyone has been discussed time without number. And there is no need to take a side on this argument again because you are also bringning this again base on your point of view on the matter. In other threads, different reasons have been given why bitcoin is for everyone and why bitcoin is not for everyone. And Op you have to know one thing that bitcoin is not a natural resource and it was invented by man and volatility was inserted my the creator therefore it is under the control of man. So the will of man is still there. The volatility is from man and not from nature. But the volatility is the interesting part of bitcoin and other cryptocurrencies in the ecosystem.









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November 26, 2023, 08:40:02 AM
 #20


$50k is a good target before Bitcoin reaches the new ATH, but my hope by the end of the year to be able to touch that $40k price is good enough and stay above that.

I love the volatility. I want to see more volatility. The reason is volatility over a long period of time leads to a good return. In contrast to other assets, Bitcoin enables investors to deploy capital into which they can invest millions of dollars and which will yield a symmetrical return at any time. Additionally, it has increased by more than 10% annually. It was the case for more than ten years. Individuals are holding and adding to their bitcoin stacks. The ETFs are going to be approved, the halving will come next year and Bitcoin is going to get to the moon almost at least 80- 100k. 2021 is going to happen again.

Yes, some of us love volatility because this is how we make money, specially for day traders or traders in general. So as far as investing money, there are really whales that can simply invest $1 million and let it sleep and forget about it.

And then there are us, average joe, who are the majority here. We also invest but not that much, and we embrace volatility because we look at the long term effect of it. In the future or in the next bull run, if we have invested at least last year when we hit lowest low, we are already in the profits, more than 100%. And yet, we are not going to sell as we are going to wait for the bull run to maximized our profits, rinse and repeat.

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