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Author Topic: Bitcoin is the only currency that has grown the most!!  (Read 1148 times)
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December 07, 2023, 01:24:48 PM
 #21

Bitcoin has indeed shown remarkable resilience and continues to be a frontrunner in terms of growth and stability, impressive. However, there are still possibilities for both sides, and I want to be optimistic that its price will rise even further, surpassing its current all-time high, for greater gains from holding Bitcoin two years ago. However, some may become hesitant, especially newcomers, due to the increase in transaction fees. Should we be disappointed because we cannot immediately move the bitcoin according to our preferences?

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December 07, 2023, 02:13:04 PM
 #22

Present, there are many altcoins in the crypto market and they have grown a lot. But it has gone down and gone again, but Bitcoin is the only currency that hasn't gone down yet, instead it's going up. I've noticed that Bitcoin has grown the most over the past couple of days, but altcoins haven't grown as much in comparison. Currently, we see Bitcoin market above $44000, I think it will bring $45000 very soon. Will Bitcoin Touch $50,000 By This December?  What do you think about the way the Bitcoin market is currently growing?
As a pioneering cryptocurrency you don't expect it to perform less, therefore in it's leadership position as the leading digital currency bitcoin has been up and doing since it's creation and all other crypto rally around and depends on its growth for that of theirs. The $44k mark is na impressive one and a boomerang of shame to those that were criticizing bitcoin with all sorts of degrading and discouraging articles and discussions on socials when bitcoin price was down to $15k this year. But for those that filtered the noise, didn't sell out of the FUDs instead hodl and kept on accumulating it's now a profiting bullish market for them.

Just this month bitcoin moved from $36k+ to rally around $42k-44k within days so therefore there's a positive propensity that it can go touch $50k by the end of December 2023. The fundamentals has been on the positive side for bitcoin and with the spot ETF approval in focus anything good is possible to happen with bitcoin price right now.

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December 07, 2023, 02:43:40 PM
 #23

Present, there are many altcoins in the crypto market and they have grown a lot. But it has gone down and gone again, but Bitcoin is the only currency that hasn't gone down yet, instead it's going up. I've noticed that Bitcoin has grown the most over the past couple of days, but altcoins haven't grown as much in comparison. Currently, we see Bitcoin market above $44000, I think it will bring $45000 very soon. Will Bitcoin Touch $50,000 By This December?  What do you think about the way the Bitcoin market is currently growing?


I think the way it works is like that, when bitcoin is about to rise, all money flows will go there. As a result, bitcoin will rise first while altcoins are silent and left behind, but after rising bitcoin will break for a moment, that's where the new altcoins will rise because money alternately flows into altcoins.
and according to my predictions the cycle will always be like that.

Bitcoin is already having good performance with the recent market price and we can observe that many other altcoins are not performing well as bitcoin did in this recent bull, this is just a preparation towards the bullrun which we will soon get into early next year that the market rises and pump more, this time we are is still the period to accumulate more and hold till we are into the season for the bullrun where the market remains favourable for sell.
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December 07, 2023, 02:44:51 PM
 #24

Present, there are many altcoins in the crypto market and they have grown a lot. But it has gone down and gone again, but Bitcoin is the only currency that hasn't gone down yet, instead it's going up. I've noticed that Bitcoin has grown the most over the past couple of days, but altcoins haven't grown as much in comparison. Currently, we see Bitcoin market above $44000, I think it will bring $45000 very soon. Will Bitcoin Touch $50,000 By This December?  What do you think about the way the Bitcoin market is currently growing?
Even though Bitcoin is the king of crypto, doesn't mean all the altcoins always follow Bitcoin. There are times that altcoins are impulsively increasing its price while Bitcoin's price is ranging or gradually decreasing. But base on my analysis, altcoins are just retracing at some point but they still depending on Bitcoin. I believe Bitcoin would play around $45k since there is a supply sitting in that level. $50k is also possible but I think the price will not stay at that price or just swept that area before the weekly timeframe retracement of Bitcoin start.
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December 07, 2023, 08:18:24 PM
 #25

Present, there are many altcoins in the crypto market and they have grown a lot. But it has gone down and gone again, but Bitcoin is the only currency that hasn't gone down yet, instead it's going up. I've noticed that Bitcoin has grown the most over the past couple of days, but altcoins haven't grown as much in comparison. Currently, we see Bitcoin market above $44000, I think it will bring $45000 very soon. Will Bitcoin Touch $50,000 By This December?  What do you think about the way the Bitcoin market is currently growing?
Even though Bitcoin is the king of crypto, doesn't mean all the altcoins always follow Bitcoin. There are times that altcoins are impulsively increasing its price while Bitcoin's price is ranging or gradually decreasing. But base on my analysis, altcoins are just retracing at some point but they still depending on Bitcoin. I believe Bitcoin would play around $45k since there is a supply sitting in that level. $50k is also possible but I think the price will not stay at that price or just swept that area before the weekly timeframe retracement of Bitcoin start.
I think that is a lot rarer than people assume, I am not saying that it is not happening but it is not that common. I think people should not have expectations like that, I get that you may see something like that happening here and there, but I think it is a lot more rare and it should not be all that common to see.

Expecting it to happen is the problem, you may see it and I understand that you may feel like that would be a good thing but at the end we are talking about a situation that's not that common hence why you shouldn't put your money into something as investment on the off chance that it may go off without the market movement. Always plan up to market movement structure and you will be doing fine with that.
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December 07, 2023, 08:55:56 PM
 #26

Present, there are many altcoins in the crypto market and they have grown a lot. But it has gone down and gone again, but Bitcoin is the only currency that hasn't gone down yet, instead it's going up. I've noticed that Bitcoin has grown the most over the past couple of days, but altcoins haven't grown as much in comparison. Currently, we see Bitcoin market above $44000, I think it will bring $45000 very soon. Will Bitcoin Touch $50,000 By This December?  What do you think about the way the Bitcoin market is currently growing?
Even though Bitcoin is the king of crypto, doesn't mean all the altcoins always follow Bitcoin. There are times that altcoins are impulsively increasing its price while Bitcoin's price is ranging or gradually decreasing. But base on my analysis, altcoins are just retracing at some point but they still depending on Bitcoin. I believe Bitcoin would play around $45k since there is a supply sitting in that level. $50k is also possible but I think the price will not stay at that price or just swept that area before the weekly timeframe retracement of Bitcoin start.

Right, but that's seldom to happen to solid altcoins, those altcoins that move of it's own could be just a pump-and-dump scheme which is very practice in the altcoin world. And one instance is that if there a good news on that solid altcoin let say Ethereum when they have those iteration from PoS-PoW (although there could be arguments that it become more centralized).

Yeah, just like in the last couple of days wherein we hit $44k-$45k, that's as close as we got so far for that round numbers of $50k. So who knows what's going to happen in the next 3 weeks. Maybe the bulls are going to try their best to see that price at the end of the year.

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December 07, 2023, 10:07:42 PM
 #27

Most altcoins don't really have the community and the financial backing to stay afloat for a long period of time. Bitcoin has been here since 2009, and made a lot of millionaires that now support the overall project. It has also started the trend of money digitization in ways we can only imagine before that a lot of countries now hoping to replicate.

Altcoins, too, can see the same amount of growth in a short span of time. The thing is, can it sustain it? No, and as initial investors of the said coin already profited enough, they'll plan their exit and watch as poor souls who actually believed the project cry out for help holding their bags. This has never happened with bitcoin, even though there were tons of fear-mongering related to its price for years on end.

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December 07, 2023, 10:15:37 PM
 #28

Most altcoins don't really have the community and the financial backing to stay afloat for a long period of time. Bitcoin has been here since 2009, and made a lot of millionaires that now support the overall project. It has also started the trend of money digitization in ways we can only imagine before that a lot of countries now hoping to replicate.

Altcoins, too, can see the same amount of growth in a short span of time. The thing is, can it sustain it? No, and as initial investors of the said coin already profited enough, they'll plan their exit and watch as poor souls who actually believed the project cry out for help holding their bags. This has never happened with bitcoin, even though there were tons of fear-mongering related to its price for years on end.

that's the main difference of btc over most alts. almost all crypto users are supporting btc by using it in their transactions one way or another. but with alts, they are after more on possible profits. so they are likely to hold on short-term basis only as they also don't know the lifespan of the alts. whereas, with btc, they are just waiting for the right timing to sell to get the profits they are targeting as it won't disappear unlike most alts. a lot have disappearing act.

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December 07, 2023, 11:03:02 PM
 #29

Most altcoins don't really have the community and the financial backing to stay afloat for a long period of time. Bitcoin has been here since 2009, and made a lot of millionaires that now support the overall project. It has also started the trend of money digitization in ways we can only imagine before that a lot of countries now hoping to replicate.

Altcoins, too, can see the same amount of growth in a short span of time. The thing is, can it sustain it? No, and as initial investors of the said coin already profited enough, they'll plan their exit and watch as poor souls who actually believed the project cry out for help holding their bags. This has never happened with bitcoin, even though there were tons of fear-mongering related to its price for years on end.

If I'm not mistaken, there are a  lot of altcoins that can really grow more than Bitcoin. But those projects could be just pump by some groups, specially that we have a lot of pumpers in the altcoin market. So that could only be temporary and then the admin of those pump groups are the one who's going to make a lot of money by selling early before giving the signal to anyone.

So for us, at least the majority here just stick to where we know that we can make money in the long run and that is Bitcoin. It might be hard to see the price during bear market, but as soon as we recover and then some semblance of a bull run just like what we have seen right in the last quarter of the year. For sure we will not regret staying in the market and hard grind of saving thru DCA.

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December 07, 2023, 11:21:24 PM
 #30

$50k is easy reachable price considering the market bounce that have made bitcoin reach close around $44500 as the peak price for the year. Now bitcoin trading around $43000 and we can expect price correction taking place before making a push to cross the $45k barrier. We don't know how far the price correction will last, and I'm not sure of the price correction event. In my view I expect a market correction taking place before touching $50k.

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December 08, 2023, 01:30:29 AM
 #31

What do you think about the way the Bitcoin market is currently growing?
As the title OP made, it is true that bitcoin is the only currency that is growing very rapidly, in my opinion this is normal because bitcoin is also considered the parent of every form of cryptocurrency.

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December 08, 2023, 01:46:38 AM
 #32

Present, there are many altcoins in the crypto market and they have grown a lot. But it has gone down and gone again, but Bitcoin is the only currency that hasn't gone down yet, instead it's going up. I've noticed that Bitcoin has grown the most over the past couple of days, but altcoins haven't grown as much in comparison. Currently, we see Bitcoin market above $44000, I think it will bring $45000 very soon. Will Bitcoin Touch $50,000 By This December?  What do you think about the way the Bitcoin market is currently growing?
If your definition of GONE DOWN is dead then you are correct but if it means DUMPED? bitcoin always do  mate , every after Halving the price of bitcoin drowning down to 60-70% from the previews ATH and it is more sudden last year as from almost 69k usd , the price fell down at 15k which means so much Down so maybe you are exaggerating about the thread just to praise bitcoin.
I am not here to debate about Bitcoins strongest moving because I know myself support bitcoin all the way but lets just be true to our posts instead of telling a lies.
What do you think about the way the Bitcoin market is currently growing?
As the title OP made, it is true that bitcoin is the only currency that is growing very rapidly, in my opinion this is normal because bitcoin is also considered the parent of every form of cryptocurrency.
It is indeed that Bitcoin never been an underdog since the creation and over the years continued to dominate the whole market so yeah OP's stand is believable andi am not here to disagree.

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December 08, 2023, 03:46:38 AM
 #33

Yep the currency since 2009 to 2023 is the most profitable currency. The creator os Bitcoin satoshi Nakamoto made this currency for the bitcoin lovers. You can see the price of Bitcoin increasing from 2009 to 2023 and the growth of price of the currency is to high and to muck profitable for the investor. Satoshi made this currency for mainly give profit to the currency lovers. That's the reason of grow most.
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December 08, 2023, 05:06:18 AM
 #34

Yep the currency since 2009 to 2023 is the most profitable currency. The creator os Bitcoin satoshi Nakamoto made this currency for the bitcoin lovers. You can see the price of Bitcoin increasing from 2009 to 2023 and the growth of price of the currency is to high and to muck profitable for the investor. Satoshi made this currency for mainly give profit to the currency lovers. That's the reason of grow most.
for 13 years bitcoin continued to grow year after year making its the highest and luxurious currency
ever created , pricing from almost nothing to almost 69k and still counting? yes this has grows the most.
$50k is easy reachable price considering the market bounce that have made bitcoin reach close around $44500 as the peak price for the year. Now bitcoin trading around $43000 and we can expect price correction taking place before making a push to cross the $45k barrier. We don't know how far the price correction will last, and I'm not sure of the price correction event. In my view I expect a market correction taking place before touching $50k.
But I cannot see this happening in 2023 mate? not sure about that but this is how I assume
considering that it stopped increasing when reached 44k.

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December 08, 2023, 05:48:24 AM
 #35

$50k is easy reachable price considering the market bounce that have made bitcoin reach close around $44500 as the peak price for the year. Now bitcoin trading around $43000 and we can expect price correction taking place before making a push to cross the $45k barrier. We don't know how far the price correction will last, and I'm not sure of the price correction event. In my view I expect a market correction taking place before touching $50k.

Well, no please don't expect any corrections happening especially this month otherwise you will gonna miss out the opportunity to buy more fractions of btc, if you're planning to of course. If it pulls back a little down to $40k, I think that would be a good entry point. Don't wait for it dip more than 10%. When it does, much better but then again I wouldn't be expecting any corrections, because people are actually buying. Some traders might sell at a new heights, but It would only affect the price with a short pull backs allowing themselves to buy again at a lower price.

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December 08, 2023, 06:21:16 AM
 #36

Present, there are many altcoins in the crypto market and they have grown a lot. But it has gone down and gone again, but Bitcoin is the only currency that hasn't gone down yet, instead it's going up. I've noticed that Bitcoin has grown the most over the past couple of days, but altcoins haven't grown as much in comparison. Currently, we see Bitcoin market above $44000, I think it will bring $45000 very soon. Will Bitcoin Touch $50,000 By This December?  What do you think about the way the Bitcoin market is currently growing?
What I want you to know is that altcoins going up and down what makes altcoins to grown in such way is because of the increase in bitcoin so altcoins doesn't grow without bitcoin so any investment you are making should go directly to bitcoin, so expectations of bitcoin price should be by next year and if bitcoin price increases it affects the price of altcoins so leave whatever people said about bitcoin and altcoins so bitcoin is something that pushed altcoins and every investors  like to invest with bitcoin

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December 08, 2023, 06:33:14 AM
 #37

$50k is easy reachable price considering the market bounce that have made bitcoin reach close around $44500 as the peak price for the year. Now bitcoin trading around $43000 and we can expect price correction taking place before making a push to cross the $45k barrier. We don't know how far the price correction will last, and I'm not sure of the price correction event. In my view I expect a market correction taking place before touching $50k.

Well, no please don't expect any corrections happening especially this month otherwise you will gonna miss out the opportunity to buy more fractions of btc, if you're planning to of course. If it pulls back a little down to $40k, I think that would be a good entry point. Don't wait for it dip more than 10%. When it does, much better but then again I wouldn't be expecting any corrections, because people are actually buying. Some traders might sell at a new heights, but It would only affect the price with a short pull backs allowing themselves to buy again at a lower price.

We cannot be sure how big the correction will be. Maybe a big correction will come and a bigger purchase will be made. The Bitcoin price has made a big increase in a short period of time. Everyone has to act within their own plans, which allows us to take our own measures in case of an unfavorable situation.

I think there will be a correction but I don't know how big it will be, so you need to allocate capital for a good buying opportunity. Since we know the bull market is coming, everyone should buy according to their own price and keep waiting. Most of us didn't buy Bitcoin at the bottom, so the price we set should be enough for us.
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December 08, 2023, 08:23:09 AM
 #38

Bitcoin is the only currency that is increasing in worth day by day and also there are some altcoins which attained the greater value so if someone have bought different coins along with bitcoin then they can easily take profit from it. Bitcoin can always going up and before halving it will move towards the highest cost like that of 70k$ or above.

Cryptocurrency market is volatile so condition can be change and unexpected things happen always. 50k$ is far away yet but may be it happens because as quickly it attained the value 43k$ so perhaps there occurs a sudden surge to move bitcoin price to 50k$ this month as 23 days has been left for next year. There is a chance that in December bitcoin will attain the cost of 45k$ so everything is possible until halving and Fluctuations will happen alot.









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December 09, 2023, 06:01:06 AM
 #39

Currently, we see Bitcoin market above $44000, I think it will bring $45000 very soon. Will Bitcoin Touch $50,000 By This December?  What do you think about the way the Bitcoin market is currently growing?
I really think that Bitcoin will grow more and even reach ATH price since there’s nothing to stop them now because we are all get over to FTX and other big crypto companies that got bankrupt.

The only way this current trend will stop is when Bitcoin ETF is denied or when one of the institutional investors such as microstrategy will finally take profit since they are the only entity that has the ability to dump the market using their current holdings but I doubt this will happened soon because they are still accumulating even on the current price which means they are thinking long term.
The FTX, LUNA, and all other issues and problems are long gone and they haven't been the only reason for disrupting the growth of Bitcoin. Still, it was because we were also in the bear market for the last couple of years, and that is the biggest reason why Bitcoin wasn't going up. However, I agree that those incidents did make an impact and the market went further down because of them and if all those things didn't happen, Bitcoin wouldn't go as low as $16k in this bear market.

However, I don't think that Bitcoin or the market will just keep going up from this point onwards until it reaches the previous all-time high because that has never happened, the market will have to have its corrections along the way, and we haven't yet seen a healthy corrections since Bitcoin started going up from $26k and that is why we should expect one anytime soon.

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December 09, 2023, 07:25:42 AM
 #40

Bitcoin is the only currency that is increasing in worth day by day and also there are some altcoins which attained the greater value so if someone have bought different coins along with bitcoin then they can easily take profit from it. Bitcoin can always going up and before halving it will move towards the highest cost like that of 70k$ or above.
it is irregular to say Bitcoin is increasing its price day by day because sometimes it is even falling badly for the whole year .
so never exaggerate about things in bitcoin but you might be right about 70k breaking but I hate to call it happening this year.

Quote
Cryptocurrency market is volatile so condition can be change and unexpected things happen always. 50k$ is far away yet but may be it happens because as quickly it attained the value 43k$ so perhaps there occurs a sudden surge to move bitcoin price to 50k$ this month as 23 days has been left for next year. There is a chance that in December bitcoin will attain the cost of 45k$ so everything is possible until halving and Fluctuations will happen alot.
actually it attained 44k easily but 50k seems to be far from happening ?

well this is the target to break before coming another ATH.









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