Bitcoin prospects

[Ndabagi01]

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?

Bitcoin's rise has no limits, and no one can predict where it will end because it is infinite in nature. Bitcoin's rise since inception has demonstrated that it is now a consistent and stable rise over the years, as evidenced by the price increase from that time to the present. Bitcoin has few implications because it is only intended to be used for payment and transaction exchange, similar to the fiat currency we use. Using it as a store of value is only one of the secondary benefits that people are interested in leveraging. Its decentralised nature has earned it the much-needed respect for its development and wide spread use.

[oktana]

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?

No one knows the limit, no one knows how high it would go. We all speculate based on market conditions. The rise has proven to be a consistent one so far. In fact I am having a feel that we would be breaking the $73k ATH already, though there seems to be blockage at $70k, but let’s see how long that will last. As for the implications, one of them will be FOMO; many people have been triggered to jump in.

[Tony116]

What are the limits of Bitcoin’s rise...

There are lots of limits to Bitcoin's rise. You know Bitcoin is one of the oldest and most popular cryptocurrencies, its popularity is high as it is the most secure. And for the crypto-curious, it’s where you might first consider dipping your toes into cryptocurrency investing. If anyone wants to invest in Bitcoin then he must be aware of those limitations. You know till now Bitcoins have not been widely accepted, so you must find out where you will sell your coin. You know Bitcoin valuation fluctuates, so you must have to understand how the market works otherwise short heartbreak will occur if you see your investment cut in half within a minute, lol. there is no buyer protection, if anything wrong happens with you then you will not find any authorities to submit your complaints. there is no valuation guarantee, and built in deflation these all are the main limits of Bitcoin's rise.

[Bushdark]

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?

No one knows the limit, no one knows how high it would go. We all speculate based on market conditions. The rise has proven to be a consistent one so far. In fact I am having a feel that we would be breaking the $73k ATH already, though there seems to be blockage at $70k, but let’s see how long that will last. As for the implications, one of them will be FOMO; many people have been triggered to jump in.

The mist important thing is for us to keep holding Bitcoin because no matter how hard we speculate it, we might not be able ro know tye actuak value it is going to reach after a certain period of time. The crypto market keeps growing faster and we all have to join the process so that we don't end up losing out from making fantastic profits. The crypto market is always doing wonders especially in the bull market. Let's keep anticipating for a bigger bull because this market is going to bring more to investors that enter the market earlier.

[Raflesia]

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?

No one knows the limit, no one knows how high it would go. We all speculate based on market conditions. The rise has proven to be a consistent one so far. In fact I am having a feel that we would be breaking the $73k ATH already, though there seems to be blockage at $70k, but let’s see how long that will last. As for the implications, one of them will be FOMO; many people have been triggered to jump in.

Currently all that has to be done is that we just have to continue to be in bitcoin until we are able to know how strong bitcoin is and where the limit is because looking at the current conditions and seeing from bitcoin that is always developing it seems that indeed in this case the statement must be reversed because it is not where the bitcoin limit is but where our limit can be in bitcoin considering the current situation and the development of bitcoin which will still continue until the next century before bitcoin runs out then indeed we must realize that the situation becomes different because of how our limit is to be in bitcoin and that will be the right answer for us today.

Finding out the limit of bitcoin will clearly not be possible because after all for now the price increase is still ongoing and indeed we must know that we are only speculating on bitcoin because for the problem of limits we will not be able to determine from the start.
The hope is certain that bitcoin has a very high limit but that will not be known if we are not in bitcoin and enjoy our time here.

[Zanab247]

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.

Bear run and bull run are something government cannot stop not to exist in the crypto market because, there will be bear season where those that have the money to buy coins and hodl for bull season to come and, there will be bull season that will make you to earn huge amount of money from your hodling.

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.

Buyers and sellers are the only people who can control the price of BTC either to rise higher or to reduce low to a particular stage that will make the buyers and sellers to know the season at the moment because, the bull season and the bear season will never be in the same season together and it will be very difficult for people to see such things in the crypto market.

[shinratensei_]

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?

considering total supply is limited while investor of bitcoin is growing every day the potential of bitcoin is pretty boundless and limitless it could go as high as million dollar a bitcoin and thats not being hyperbolic.
just wait until halving occurred and mining rewards decreased in half, the scarcity increase as well as the demand since ETF is a such a huge success and then bitcoin price gonna rise massively.

I think that is exactly how the scenario gonna be playing out, the current price pullback seems just like accumulation zone for whales to buy more bitcoin, it seems like whales are also gathering stablecoin probably to make the final biggest pump that might make the price of bitcoin rise beyond $100k. that in my opinion is already good enough and show that bitcoin potential is there, it could be life changing investment for many.
thats why even accumulating however smallest amount of bitcoin still matter because it might still have the potential of rallying as high as $1 million which also mean ten times of initial capital.

[Fiasem20]

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 limit of Bitcoin's rise can't be predicted as a result of it's volatile nature.Today the price of Bitcoin might be $65k and tomorrow it falls down to $54k that's to say the price can't be predicted.And also bitcoin is centered on the principle of 'Supply and Demand',the principle of supply and demand states that when the supply outweigh the demand the price decreases but when the demand outweigh the supply the price increases,so also is bitcoin when the demand outweigh the supply the price of Bitcoin is increased and its value is appreciated.In addition I'll say the prominent results of Bitcoin's all time high is the adoption rate grow and it's value is maintained.

[peter0425]

the bull season and the bear season will never be in the same season together

Obviously, you are not going to see them in one season together because they are two completely different seasons.

Do you see summer and winter happening in one place both at the same time? No one comes and one goes. With seasons, both climatic and bitcoin, there would be some rarity that happens once in a while.

in a bull season, there would be some decline but the overall trend would be upwards and the same goes for bear season.

[btc78]

thats why even accumulating however smallest amount of bitcoin still matter because it might still have the potential of rallying as high as $1 million which also mean ten times of initial capital.

That’s very hopeful. We have not even reached $100k.

There are still so many hardships that bitcoin would have to face. The government, its scalability issue, and many more we have not yet encountered but will encounter soon enough maybe. Assuming bitcoin battles against these hardships in what year would that be achieved? And how many people are still waiting and demanding bitcoin? Will bitcoin be still the best crypto out there?

[Volimack]

Bitcoin potential is very good and bitcoin will definitely become the best crypto as no other currency can easily make their position like bitcoin. Thinking about the future, people are choosing bitcoin as a savings and even if the economy suffers due to war bitcoin will have no effect. Bitcoin Has High Potential All investors are optimistic that bitcoin will reach higher heights.

[legendbtc]

Will bitcoin be still the best crypto out there?

What makes you start to suspect bitcoin isn't the best currency out there? Nothing in this world is so perfect that it has no drawbacks, including gold, real estate and bitcoin are no exceptions. Just because bitcoin is slow, has high fees, and is facing many challenges from governments, that doesn't stop bitcoin from continuing to be the best crypto we have. Let's not look too much at the disadvantages or negative aspects and forget the advantages and benefits it brings.

To me, as long as bitcoin remains the only decentralized asset, retaining properties like peer-to-peer, privacy, it will remain the best coin we have. Also, I don't deny that maybe in the future a better coin than bitcoin will be created but I don't think it will happen anytime soon this century.

[mamesso]

What are the limits of Bitcoin’s rise...

As long as there is the law of supply and demand, there is no limit to Bitcoin's rise. You can buy any time at the price you want then wait a few years, you will see the magic.

and is it a strong and consistent rise...

Bitcoin price journey is far from smooth, Bitcoin has experienced many price increases and decreases throughout its history. The continued increase in Bitcoin adoption has made the upward trend even wider after successfully strengthening its position in the mainstream market.
Never worry if Bitcoin price is on a downward trend as this is basically the beginning of signs of a sharp increase, as has been repeatedly shown in past price movements.

[Mrbluntzy]

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?

Since Bitcoin is not centralized, which means it is not managed by the government or any private company, that means that I can not and no body can tell you the limit that Bitcoin can rise to. So many people are even predicting that Bitcoin will rise above $500, 000 in the future and that is not going to be the limit which it will reach. If there is any possibility that makes Bitcoin to reach $500, 000 that means it will surely reach $1, 000,000 someday in the future. Bitcoin rise is not usually consistent because Bitcoin is a volatile asset. Since Bitcoin is a volatile asset, if you think you can take profit anytime you want, it is not possible.

[RockBell]

Bitcoin potential is very good and bitcoin will definitely become the best crypto as no other currency can easily make their position like bitcoin. Thinking about the future, people are choosing bitcoin as a savings and even if the economy suffers due to war bitcoin will have no effect. Bitcoin Has High Potential All investors are optimistic that bitcoin will reach higher heights.

Bitcoin have proven it self in value for a very long time now. And bitcoin will not be the best because it is already the best. And will remain the king and if you are very observant you will notice that bitcoin controls the market, bitcoin is recognized globally and have dominated the market and i don't see any coin Taking bitcoins place. And saving your money in bitcoin is a good one because as the price of bitcoin is increasing so is your money increasing.

But if the market is coming down the same thing will happen to your money. So it is now left for the person to decide wether he or she will save their money in bitcoin. And in conclusion another good thing is that bitcoin will always have good demand and supply.

[Freeesta]

Bitcoin is a fairly stable coin with its own advantages and disadvantages. If you want to preserve your assets above all else, then there is nothing safer than storing your tokens in Bitcoin. The price for it changes slightly, and accordingly the risk of loss of profit is less. Well, if you have trading experience, then you need to look for a promising project that is interested in promoting its coin. If you have calculated everything correctly and thought through everything carefully, you will definitely make money from it!

[_BlackStar]

-snip-

As long as there is the law of supply and demand, there is no limit to Bitcoin's rise. You can buy any time at the price you want then wait a few years, you will see the magic.

There is no upside limit for an uncontrolled asset like bitcoin - but failure to break through a certain price could result in trend changes and such. The price of bitcoin will rise due to increasing demand - this is caused by many factors, even FOMO can be one of the reasons why demand for bitcoin can increase.

Buying bitcoin now is certainly quite wise investment advice – but still take into account the respective risks. No one can guarantee what Bitcoin's future will be - risks are always present and should be considered before investing. There is no magic - markets work because of supply and demand.

[lepbagong]

Bitcoin is a fairly stable coin with its own advantages and disadvantages. If you want to preserve your assets above all else, then there is nothing safer than storing your tokens in Bitcoin. The price for it changes slightly, and accordingly the risk of loss of profit is less. Well, if you have trading experience, then you need to look for a promising project that is interested in promoting its coin. If you have calculated everything correctly and thought through everything carefully, you will definitely make money from it!

I also really agree with you, that the safest investment to date is in Bitcoin because it is very small to cause harm to holders who are always loyal and hold onto it until the next bullish season. Trading in bitcoin in the short term is also highly recommended as long as you are able to analyze it well, just like long-term investments. So don't hesitate to continue placing your funds in bitcoin, bitcoin will not disappoint.

[dezoel]

Bitcoin potential is very good and bitcoin will definitely become the best crypto as no other currency can easily make their position like bitcoin. Thinking about the future, people are choosing bitcoin as a savings and even if the economy suffers due to war bitcoin will have no effect. Bitcoin Has High Potential All investors are optimistic that bitcoin will reach higher heights.

Well, despite all these things, I wouldn't recommend anyone making investments or keeping their savings in Bitcoin unless they understand each and everything. There is no doubt that Bitcoin is very good, it is the best cryptocurrency and one of the best innovative ideas of this era, and since it has a limited supply, it tends to go higher in price over time, but as we all know something can't keep going in one direction if it's volatile, so it has its risks as well.

When someone is choosing Bitcoin as a place for them to save their money, they need to understand all these things, they need to know that it is possible that one day when they wake up, they might see that the money they had saved in Bitcoin has lost 30% value because it is a volatile asset and that can happen.

[Minor Miner]

Bitcoin potential is very good and bitcoin will definitely become the best crypto as no other currency can easily make their position like bitcoin. Thinking about the future, people are choosing bitcoin as a savings and even if the economy suffers due to war bitcoin will have no effect. Bitcoin Has High Potential All investors are optimistic that bitcoin will reach higher heights.

Well, despite all these things, I wouldn't recommend anyone making investments or keeping their savings in Bitcoin unless they understand each and everything. There is no doubt that Bitcoin is very good, it is the best cryptocurrency and one of the best innovative ideas of this era, and since it has a limited supply, it tends to go higher in price over time, but as we all know something can't keep going in one direction if it's volatile, so it has its risks as well.

When someone is choosing Bitcoin as a place for them to save their money, they need to understand all these things, they need to know that it is possible that one day when they wake up, they might see that the money they had saved in Bitcoin has lost 30% value because it is a volatile asset and that can happen.

We need to distinguish between saving and investing, it is confusing that many people confuse these two basic concepts but still invest in bitcoin, an extremely volatile asset and this is too risky for them.

Indeed, if all our money was in bitcoin, what would happen if the price of bitcoin suddenly plummeted? Just like the 2022 bear season, bitcoin price has dropped from $69k to $15k and if we need money for emergencies then what do we do?
Don't listen to the bullshit stories about inflation eating away at our money, and us throwing all our money into bitcoin without doing any research. Inflation is real, currency devaluation is real, bitcoin's ability to increase in price is also real. But for everything to work and bring the most effective results, we need to have knowledge, we need to allocate money properly, not blindly invest in bitcoin without knowledge.