Bitcoin prospects

[lepbagong]

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?

If asked about the limits of Bitcoin's increase, the answer is that there are no limits because the price of Bitcoin is very volatile, no one can accurately predict the extent of the increase and decrease in the price of Bitcoin. I see the potential for the current increase in bitcoin prices to continue, especially since the bitcoin market performance is in good condition, especially as the halving is getting closer.

Agreed, bitcoin's growth will continue to increase as bitcoin halving approaches. There is no limit to bitcoin's rise the more people invest in bitcoin the higher Bitcoin will go. I think bitcoin will have a higher impact on demand. No one can determine the limit of rise to decentralization of the crypto market.

It is actually out of the ordinary that before the halving period there should be a correction until the start after the halving, but instead there is a surprise. increase, and it has even passed the previous ATH. Will it really continue to increase? Today there are still 34 days left to. enter the halving period, will it continue to increase and this is certainly a change in bitcoin habits.
You are right, that the increase is also caused by the impact of very high demand. No one will be able to determine the limit of Bitcoin's increase, but they will look at the habits that have been carried out.

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[khiholangkang]

Also now that we have L2 on the bitcoin network there might be more innovations in the future that might have a much bigger impact on bitcoin, so limitations will find a solution and bitcoin will be much more flexible, we don't know about that in the future.

The pasting 30 days before the halving at this time bitcon has continuously broken through the new ATH, and yes maybe we will see some surprises that we can't expect, and maybe $100k is reached or even we can get more before the halving arrives, that's what's in my head right now, I hope we get a very good surprise.

I feel like L2 in bitcoin is actually a terrible thing, or at least it has been so far if you followed up with what's going on with Ordinals. It has caused the transaction fee of bitcoin to be giant, and that is not the way we want this to go.

I understand that it may feel like an innovation, and it is an innovation that's true but is it a development for the better? Is it an improvement on what we already had? So far it is not, just because people could have Ordinals doesn't mean that's a good thing. Maybe in the future we will figure out a way to use it for better, but so far we have used it for totally useless stuff and we paid it with higher transaction fees, it is not a trade that was worth having and that's an issue.

YES no matter how bad it is we can't resist it, after all, innovation on the bitcoin network has been accepted and is now in development, many devs are innovating on the bitcoin network. although yes I am also very upset because the price of bitcoin has become very expensive which is quite annoying, but whatever, we can't do anything, and can only continue to speculate and hope that everything will be very good in the future.

As a bitcoin investor I feel if it can increase the price of bitcoin I feel no problem, and I also do not do short trades that require high transaction costs, I just buy and store with a long term, and hope bitcoin can go to the price of $100 for this halving.

[fuguebtc]

Also now that we have L2 on the bitcoin network there might be more innovations in the future that might have a much bigger impact on bitcoin, so limitations will find a solution and bitcoin will be much more flexible, we don't know about that in the future.

The pasting 30 days before the halving at this time bitcon has continuously broken through the new ATH, and yes maybe we will see some surprises that we can't expect, and maybe $100k is reached or even we can get more before the halving arrives, that's what's in my head right now, I hope we get a very good surprise.

I feel like L2 in bitcoin is actually a terrible thing, or at least it has been so far if you followed up with what's going on with Ordinals. It has caused the transaction fee of bitcoin to be giant, and that is not the way we want this to go.

I understand that it may feel like an innovation, and it is an innovation that's true but is it a development for the better? Is it an improvement on what we already had? So far it is not, just because people could have Ordinals doesn't mean that's a good thing. Maybe in the future we will figure out a way to use it for better, but so far we have used it for totally useless stuff and we paid it with higher transaction fees, it is not a trade that was worth having and that's an issue.

YES no matter how bad it is we can't resist it, after all, innovation on the bitcoin network has been accepted and is now in development, many devs are innovating on the bitcoin network. although yes I am also very upset because the price of bitcoin has become very expensive which is quite annoying, but whatever, we can't do anything, and can only continue to speculate and hope that everything will be very good in the future.

As a bitcoin investor I feel if it can increase the price of bitcoin I feel no problem, and I also do not do short trades that require high transaction costs, I just buy and store with a long term, and hope bitcoin can go to the price of $100 for this halving.

There is no denying that Ordinals once caused the bitcoin network to become congested and pushed transaction fees too high. But when talking about solutions for bitcoin, especially layer 2, things are just getting started and there are more good things ahead. If you are a researcher, you will see that there are many layer 2 projects being implemented and venture capital funds are also focusing on it a lot. Promises to be a revolution that brings innovation to the bitcoin network.

I don't remember exactly but I remember two big names in layer 2 bitcoin projects: Merlin and Babylon, while Babylon is a project with Binance Labs participation.

[Republikcoin.com]

It is actually out of the ordinary that before the halving period there should be a correction until the start after the halving, but instead there is a surprise. increase, and it has even passed the previous ATH. Will it really continue to increase? Today there are still 34 days left to. enter the halving period, will it continue to increase and this is certainly a change in bitcoin habits.
You are right, that the increase is also caused by the impact of very high demand. No one will be able to determine the limit of Bitcoin's increase, but they will look at the habits that have been carried out.

The formation of a new history that is outside of Bitcoin's habits is also a natural and quite normal thing for now, because it is a part that is not impossible to happen to Bitcoin when demand starts to become very high. Today I have seen a slight price correction in Bitcoin which may not be much and will have no impact on continuing this already quite good moment of increasing prices. So now everyone must be quite aware that this habit will not always happen exactly with Bitcoin and now it is clearly visible with Bitcoin.

[Jegileman]

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?

There is no limitations to bitcoin rise, its infinite and cannot be decided by anyone. An asset that depends on demand and supply of the people won’t have a limit to its rise. Bitcoin cannot be dependent on to continue rising, it is a volatile asset, it goes up and come down at anytime, so you can’t say it’s on a consistent trend in one direction only. The implications of the rise is that, it makes investors who have bitcoin in their portfolio to have more value to their hodlings in bitcoins.

[Ozero]

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?

If you’re looking for consistency, then Bitcoin market isn’t the place to look. The market or any market at all is one that doesn’t grow to infinity, it’s got to have some corrections.
What do you think would be the case should Bitcoin or any other market keep growing without a pause or drop at some point. People would just come in to take what they want and leave and that’s it. This could mean the end of it all but no, Bitcoin isn’t like that and the pump you see today shouldn’t entice you much. The market would drop at some point and weak hands would be forced out, it’s a known fact.
The truth is, it would still rise so, you’ve got to have a clear vision and the necessary strategy to approach the market in other to archive set goals. You don’t have that, then you ain’t ready though, you could buy and hodl while, you learn.

Of course, in general, there will be limits to Bitcoin price growth. It will not be able to grow in price indefinitely, because the general economic laws of the market will also apply to it. The ratio of supply and demand leads to its price increase, but this same ratio will necessarily lead to its further price decrease. Will we see a Bitcoin price of one million dollars? Of course, this primarily depends on how many investors will risk buying it at such a high price to support its further growth. But here you need to take into account the high price volatility of Bitcoin. If the price rises very high and we assume it will fall after some time, and we will need to take into account that the price may not fall to the previous minimum, but even much lower, then the risk will be immeasurably greater. It seems to me that few people will be able to risk such significant amounts. That is, the higher Bitcoin rises in price, the greater the risk for investors. And no one knows yet what the limit of its price will be in numbers.

[MissNonFall9]

I don't think there's any limit to how high Bitcoin could go for as long as there is someone who wants to buy, there will always be someone who would be willing to sell it. There is no way of telling when or how will bitcoin's dominance come to an end or if will it ever at all. I just know that there is more to Bitcoin and most people have not even realized that and they might realize it a little too late

Since there is no regulatory board to control Bitcoin or Cryptocurrency so if there is no number of users of Bitcoin or Cryptocurrency it is worthless and the limit of progress of Cryptocurrency is infinite because as the number of users increases its progress or value will increase. But from my point of view, the reign of Bitcoin is not over and I believe that this Bitcoin will change the face of the whole world very quickly. Because I see many countries that previously outlawed Bitcoin are slowly accepting Bitcoin. As the number of Bitcoin users or the rate of Bitcoin adoption in every country increases, the potential for Bitcoin to rise will be unimaginable and unbelievable.

[fullhdpixel]

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?

Of course and the most comfortable thing at the moment is investing in BTC where the current increase has been very good, if you ask whether it will continue to rise? I think not, because corrections are always present as guardians of market balance. Now, for the salient implications for those who have adopted BTC I think it's not because they like it, but because they understand the nuances and trends of this very potential investment going forward.

One thing I want to convey is that we will never be able to make a profit if we only see a decline in prices, but a long-term investment strategy is not carried out and implemented. Yes. BTC is a very big step towards what I see as a growing market.

That's the greatest thing about bitcoin, we are seeing it do a lot better and it is so easy to make money from it. People who have been holding bitcoin for only just one year, and that's it only one year, has made so much money so far and it's insane. Funny thing is, we are not even talking about something major, like we are not going to end up dropping suddenly, we are not going to stop, we are going to end up going stronger as well, maybe we won't make that much money anymore but we will continue to make money and that means something.

I think we should be considering this as important and we should not really let it be. I feel like the most important part of this situation would be getting to make something that will have a due diligence that could be so much better.

[RockBell]

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?

I don't believe there will be a limit to bitcoin's increase because bitcoin is not designed to have a constant price, therefore you can't say explicitly or even anticipate the price of bitcoin, and when an event occurs, you can now say that bitcoin may set a new ATH. And this has been happening for years. There are no repercussions to the rise of bitcoin since when the price rises, everyone is happy, especially those who have it. And infact people want the prise to go up and somtimes people also like bear market so that they will be to buy. So everything will be an opportunity.

There is no limitations to bitcoin rise, its infinite and cannot be decided by anyone. An asset that depends on demand and supply of the people won’t have a limit to its rise. Bitcoin cannot be dependent on to continue rising, it is a volatile asset, it goes up and come down at anytime, so you can’t say it’s on a consistent trend in one direction only. The implications of the rise is that, it makes investors who have bitcoin in their portfolio to have more value to their hodlings in bitcoins.

In addition to what you are saying, the price of bitcoin will continue to rise, and we cannot predict if it will be worth thousands of dollars in the future. Bitcoin is a continual process. There are no pricing constraints. There are numerous factors that contribute to bitcoin's stability. And anything could be helpful to the pricing. And there are times when demand is high but there are few sellers, thus a variety of factors influence the market. The amazing element is that no matter what happens in bitcoin, people will still make money from it.

[Dewiana]

This is a very big Misconception in trading that someone can predict for me whether this coin will rise or fall. Yes people make guesses according to their calculations and market research.Sometimes it comes true and sometimes not.Never completely rely on someone always have a safety factor in your mind.

As far as Bitcoin is concerned it all depends upon the investors.As we all know Bitcoin is a powerful coin with a strong base ,good usability and ability to return profits on investments.The more investors will invest money in it the more it'll rise. Sometimes due to the crisis investors pull their money out and it falls so it's more dependent on that amount of investments it will have.

If we look at every month Bitcoin continues to increase in price, in 2017 it rose very sharply and in 2021 too, now 2024 is getting even crazier, all traders are very focused on their work, so that in basic analysis we can predict that Bitcoin will be the asset of the future Long term, it is effective and ideal because it is very promising, especially as there is no age limit as everyone already knows a lot about Bitcoin.

[Reatim]

Fortunately there is no limit to how high the value of bitcoin can get
Due to its limited supply we can expect for its price to keep
getting higher as demand grows exponentially. However we need to note
that the market goes on cycles and bullish market indicators can be a little
different than the last but generally if bitcoin is rising so does most of altcoins

[Dunamisx]

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?

I guess this topic have to go to bitcoin discussion board, you can move the thread there.

Back to the topic, There's no limit to how bitcoin can go, we may expect seeing the market at something around $150,000 after this year halving and we may eventually landed at $250,000 but one thing that i have confidence in is that bitcoin cannot fail, which means you should not expect its value to be down to zero worth or back to where it started from, that's not possible with what we have and expect in the future to come with bitcoin, this also have nothing to do with being volatile, when it falls, it also rises and increases in value.

[kentrolla]

Fortunately there is no limit to how high the value of bitcoin can get
Due to its limited supply we can expect for its price to keep
getting higher as demand grows exponentially. However we need to note
that the market goes on cycles and bullish market indicators can be a little
different than the last but generally if bitcoin is rising so does most of altcoins

That's true as the price trend of Bitcoin defines how Altcoins will be performing because we have seen this in the past. Bitcoin will continue to increase if you look at it from a long term perspective wherein the daily investors will have a different view because we have to acknowledge the fact that market is never on a single trend be it bullish or bearish as it's a combination of both and we cannot expect it to grow during the bear season rather that's when we accumulate Bitcoin.

[MarjorieZimmermanGinger]

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?

As far as I know there is no limit to the increase because then we can see a decrease at a certain time, the market always shows two directions in the journey, whether related to increases or decreases. Vice versa with a strong increase and usually it is marked when Bitcoin gets a cycle after reaching ATH and this process is what most people are waiting for so they can make a profit in that market.

There is no possibility that it can be seen as a consistent increase because bitcoin is volatile and as discussed above we can see a sharp decline occur in a short period of time. There is no need to think about the limits of the increase, but you have to think about how to collect because the implications of the increase will always be marked by the course of the cycle itself. The most important thing is whether the conditions are good or not for us to use, because what we have to think about is how to profit from the bitcoin journey.

[Wakate]

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?

You would have to go check the history of Bitcoin and see for yourself so that you don't come up with other similar questions based on your curiosity. Bitcoin has been in the market for longer time before now and so many things had happened even the government had tried to crash it but couldn't work out. The total supply of Bitcoin is 21 million and people are still mining and is still going to last for a very long time. But you need to understand that investing in Bitcoin is a wise attempt and you don't have to be too relax led because it is risky too and one would have to understand the market before taking any financial decisions.

[Belarge]

What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?

The prominent results are already stacked up evidence bagged by the top whales in the system, you can easily spot out bitcoin holders, especially the ones that spotted early entries, today they're driving exotic cars like Lamborghini, a Ferrari and Roys Rolls-Royce Cullinan. This phase is a gradual one and the moment  you start understanding bitcoin is not a get rich quick scheme, the better. Bitcoin have survived the crucial moments in the market, there have been very inconsistent dumps and heavy rise in previous years but it doesn't mean the project is not promising.

[adzino]

You would have to go check the history of Bitcoin and see for yourself so that you don't come up with other similar questions based on your curiosity. Bitcoin has been in the market for longer time before now and so many things had happened even the government had tried to crash it but couldn't work out. The total supply of Bitcoin is 21 million and people are still mining and is still going to last for a very long time. But you need to understand that investing in Bitcoin is a wise attempt and you don't have to be too relax led because it is risky too and one would have to understand the market before taking any financial decisions.

Sure you can look at the history, but the patterns might not be always the same. The market is volatile and can never be predicted accurately. Even using the "chart" or the "history", you can never know what the price will be tomorrow. And yeah, investing in bitcoin is a good decision if you are willing to hold it for a long term, like more than few years. But that doesn't mean you can't "relax". If investing in bitcoin is causing you mental stress, then no, you shouldn't be investing in bitcoin or any crypto currencies. It is risky if you are willing to do risky trades. But as long as you are willing to hold, you will be fine. Invest only what you can afford to lose.

[Negotiation]

Bitcoin will be the only currency in the world in the future it can be said without a doubt that because of the growth in bitcoin and the acceptance that bitcoin has gained among the people of the world it is expected that bitcoin will be established as the only virtual currency in the world. Although bitcoin has not yet gained recognition from many countries every country will educate in the future.

[umbara ardian]

The current rise in Bitcoin's price is undeniably exciting.  The possibility of a new all-time high captures the imagination of many investors, including yourself.  Imagine Bitcoin breaking previous records and generating significant media buzz.

The observation about the role of hype in driving demand is insightful.  Increased media attention and social media discussions can fuel buying sprees, pushing prices upwards.  Imagine a scenario where FOMO (fear of missing out) drives investment decisions rather than fundamental analysis.

The concern about a potential correction after a significant price increase is a valid one.  Large-scale selling by major investors, also known as whales, can trigger price drops.  Imagine a situation where a sudden shift in investor sentiment leads to a price dip, even if temporary.

[yohananaomi]

Bitcoin will be the only currency in the world in the future it can be said without a doubt that because of the growth in bitcoin and the acceptance that bitcoin has gained among the people of the world it is expected that bitcoin will be established as the only virtual currency in the world. Although bitcoin has not yet gained recognition from many countries every country will educate in the future.

As you said, there are still many countries that have not recognized bitcoin. Of course, this is the main problem that must be addressed in order to achieve what you say.
Although I myself do not close my eyes that bitcoin will indeed be able to do that. it will become a virtual currency which is recognized and can be trusted because there is very little loss due to the nature of bitcoin.
With continued education, it is hoped that more countries will be willing to recognize it first, so that the next steps will be easier.