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Author Topic: Road to 100k?  (Read 8252 times)
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June 16, 2024, 04:58:49 PM
Merited by JayJuanGee (1)
 #801

1. Competition
2. Market correction etc.
Though there are many to be listed but to make it snapy this is the two I have to discuss for now.
The Competition aspect is as a result of many new coin surfacing the market which is misleeding some bitcoin investors to sell off there bitcoin and going for some social media trending shitcoin. This will reduce the numbers of investors we have in bitcoin. Although it will only dip for sometime and also pick up because the more people are leaving the more people are coming. Even the market correction and the spot ETF bitcoin which are also the elements of bitcoin increase and decrease doe not stop the growth of bitcoin. If investors pull out there money from bitcoin Investment after the approval of spot ETF, and the price didn't increase more, I believe other people would still have a good reason to invest in bitcoin and surely the price of bitcoin will rise. Even the market correction can't even slow the price of bitcoin because it is a normal thing and the price will still rise. All am saying in essence is that bitcoin price must rise no matter the circumstances. Bitcoin has come to stay

Competition?. Well from the general angle of business matters, competition plays a massive role in determining the price of goods, but looking at the massive gap in terms of price and market cap between Bitcoin and alt, can we really say that competition is a huge factor in determining price?. I think this point (competition) can be trace back to one thing, which is: demand and supply . If you had use "demand and supply", then there should have been a better form of correlation.

From the principle of economics, when the demand is high, and the supply is low, the price tend to increase. While going the other way round would lead to a decline in price. We've seen this happen for years.

Aside demand and supply, I think Rumors also play a significant role.

As for the underlined text above, there is a bit of misconception there as you've also stated that market correction can't slow the price. I will appreciate If you could explain better on how that point matters.

These are the few I can mention -
1. Demands and supply
2. Rumors(news)
3. Regulations ( which can also be traced back to number 1, by either increasing or decreasing it), etc.
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June 16, 2024, 08:08:00 PM
 #802

It's been a very long time, maybe in the last 2 months the price of Bitcoin has been stable between $60k-$70k and hasn't shown any signs of being bullish even though the halving has started. it's actually very realistic to expect bitcoin to reach $100k because before the halving started bitcoin's ATH was $73k. I think in the near future we shouldn't talk about $100k because bitcoin's biggest challenge right now is crossing $70k.

Personally, I don't really like the term "stable" to describe something like bitcoin prices, especially since to me it seems that bitcoin is in a kind of war, so even if there are periods of relative "stability" or consolidation that might even be considered as going upon 4 months from the end of February, for me, that still does really rise to the level of stability... so yeah, good luck if you are relying on BTC prices to continue to largely stay in a $60k to $70k-ish range.

And.. really who cares about $70k.l yeah we are bouncing around it and yeah $69k was the previous ATH price, so surely $70k has some significance, yet so does $100k, and so even if there is no real reason to get worked up about $70k or $100k, it seems to me that we could find ourselves bouncing around $120k to $180k, even within this calendar year, and then all of a sudden we might start to consider that we were taking for granted that BTC had been spending so much time in 5 digits.. and I am not going to proclaim to know whether 5 digits will become out of the question to return to these prices, but surely I would not be surprised for those folks who are failing/refusing to sufficiently/adequately prepare for up.. and yeah, it is not guaranteed to go up.. but still it may well be helpful to make sure that you (we) are sufficiently/adequately prepared for up.. just in case such up might end up happening.. and sure?  how do we prepare for up?  Need I ask?

If you are questioning and/or even taking for granted that $70k is supposedly some challenging number to get above, then surely your own ideas of bitcoin might not be in the right place.. even though, again, I am not presuming such UPpity to be guaranteed, but it would be a shame (which it is) if some folks were not sufficiently and/or adequately preparing for UP, even though they should have been.. which happens to be around 99% of the world's population that has no coins or low coins.

1. Competition
2. Market correction etc.
Though there are many to be listed but to make it snapy this is the two I have to discuss for now.
The Competition aspect is as a result of many new coin surfacing the market which is misleeding some bitcoin investors to sell off there bitcoin and going for some social media trending shitcoin. This will reduce the numbers of investors we have in bitcoin. Although it will only dip for sometime and also pick up because the more people are leaving the more people are coming. Even the market correction and the spot ETF bitcoin which are also the elements of bitcoin increase and decrease doe not stop the growth of bitcoin. If investors pull out there money from bitcoin Investment after the approval of spot ETF, and the price didn't increase more, I believe other people would still have a good reason to invest in bitcoin and surely the price of bitcoin will rise. Even the market correction can't even slow the price of bitcoin because it is a normal thing and the price will still rise. All am saying in essence is that bitcoin price must rise no matter the circumstances. Bitcoin has come to stay
Competition?. Well from the general angle of business matters, competition plays a massive role in determining the price of goods, but looking at the massive gap in terms of price and market cap between Bitcoin and alt, can we really say that competition is a huge factor in determining price?. I think this point (competition) can be trace back to one thing, which is: demand and supply . If you had use "demand and supply", then there should have been a better form of correlation.

From the principle of economics, when the demand is high, and the supply is low, the price tend to increase. While going the other way round would lead to a decline in price. We've seen this happen for years.

Aside demand and supply, I think Rumors also play a significant role.

As for the underlined text above, there is a bit of misconception there as you've also stated that market correction can't slow the price. I will appreciate If you could explain better on how that point matters.

These are the few I can mention -
1. Demands and supply
2. Rumors(news)
3. Regulations ( which can also be traced back to number 1, by either increasing or decreasing it), etc.

Yes... rumors and information may well scare some folks out of their coin.. so surely there could be some folks who are selling too many coins too soon because they have some kind of a belief that these might be decently good prices to sell some of their corn.. .. and yeah, we have a lot of historical examples of folks selling too many coins too soon.. but that's their choice.

.......All this put together might see us reaching the $100k Mark before the end of 2025 first quarter.

Huh?  it is going to take that long to cross over $100k?  Wow.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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June 16, 2024, 11:18:08 PM
 #803

It's been a very long time, maybe in the last 2 months the price of Bitcoin has been stable between $60k-$70k and hasn't shown any signs of being bullish even though the halving has started. it's actually very realistic to expect bitcoin to reach $100k because before the halving started bitcoin's ATH was $73k. I think in the near future we shouldn't talk about $100k because bitcoin's biggest challenge right now is crossing $70k.
Agree, since passing the halving period, it is clear that there is no desire for bitcoin to drop drastically and increase but always stay at a safe price. Do he want to make a correction again to give bitcoin a boost towards the end of the year to be able to reach the optimal price? So that at the beginning of the year its second ATH can be formed and, of course, it will be able to reach the optimal price.
The end of the year seems to be able to reach $100K so that at the beginning of the year a renewable ATH can be formed properly. We are waiting for that.

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June 17, 2024, 03:19:27 AM
Merited by JayJuanGee (1)
 #804

.......All this put together might see us reaching the $100k Mark before the end of 2025 first quarter.

Huh?  it is going to take that long to cross over $100k?  Wow.
It may not take up to that long I'm just giving my prediction, Lol. We never can tell what will happen in Bitcoin I'm not too interested on Bitcoin reaching 100k since I just started my accumulation However if it happens this year I will be happy so we can now set a new target of reaching 200k.
Me as a newbie all I'm interested in right now is accumulating as may Bitcoin as possible. Bitcoin could hit 100k this year or it may not however I'm really confident if it crosses this year without it hitting 100k it won't cross early months of next year.
even if you're considering buying Bitcoin below $100k as the most preferred option and you're hoping that it takes longer before Bitcoin would get to $100k so you could buy a good chunk of it at prices below $100k which would seem like a dip price in comparison with buying above $100k, it generally depends on the amount you're using for your DCA if not buying at $70k or $100k makes no huge difference if you're looking at Long term holding up to a period of 4 to 8 years.

Because you're using the DCA methord to accumulate Bitcoin for the long run, it directly suggest that you're going to make your buys at different Prices some of which will be low while for others, it will be e high. Accumulating for the long run will mean that you will have to keep buying even when Bitcoin prices goes above $150k and even though it has hit $200k, you don't stop buying because you feel it has gone too bullish. In the past years of Bitcoin existence and for earlier Bitcoin holders, it's possible that some of them would have felt skeptical regarding continuing to buy Bitcoin above $20k because it might have seems unsure of the possibility of them seeing a huge difference above $20k in the sonnest, but seeing the current price now, it goes to show that the principle of Buying Bitcoin with the DCA method isn't a disadvantage after all.

If the resource is available, it's best to keep buying now and not expect that the price that's below $100k will last too long before we eventually start talking of the post $100k era, I bet you know that within a space of three months, event can play out that will see Bitcoin surging to +$150k and even when it happens, it's still best to keep DCAing.

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June 17, 2024, 05:17:47 AM
Merited by JayJuanGee (1)
 #805

1. Competition
2. Market correction etc.
Though there are many to be listed but to make it snapy this is the two I have to discuss for now.
The Competition aspect is as a result of many new coin surfacing the market which is misleeding some bitcoin investors to sell off there bitcoin and going for some social media trending shitcoin. This will reduce the numbers of investors we have in bitcoin. Although it will only dip for sometime and also pick up because the more people are leaving the more people are coming. Even the market correction and the spot ETF bitcoin which are also the elements of bitcoin increase and decrease doe not stop the growth of bitcoin. If investors pull out there money from bitcoin Investment after the approval of spot ETF, and the price didn't increase more, I believe other people would still have a good reason to invest in bitcoin and surely the price of bitcoin will rise. Even the market correction can't even slow the price of bitcoin because it is a normal thing and the price will still rise. All am saying in essence is that bitcoin price must rise no matter the circumstances. Bitcoin has come to stay

Competition?. Well from the general angle of business matters, competition plays a massive role in determining the price of goods, but looking at the massive gap in terms of price and market cap between Bitcoin and alt, can we really say that competition is a huge factor in determining price?. I think this point (competition) can be trace back to one thing, which is: demand and supply . If you had use "demand and supply", then there should have been a better form of correlation.

From the principle of economics, when the demand is high, and the supply is low, the price tend to increase. While going the other way round would lead to a decline in price. We've seen this happen for years.

Aside demand and supply, I think Rumors also play a significant role.

As for the underlined text above, there is a bit of misconception there as you've also stated that market correction can't slow the price. I will appreciate If you could explain better on how that point matters.

These are the few I can mention -
1. Demands and supply
2. Rumors(news)
3. Regulations ( which can also be traced back to number 1, by either increasing or decreasing it), etc.
Yes I know deman and supply is also a factor that is why I said there are many of them but I chose only few here are some others which I didn't listed for the benefit of doubt.

Geopolitics: political decisions can influence any country. For example like my country there is alot if restrictions in bitcoin transactions using centralized exchanges and most people who are afraid of all Cex exchange to shutdown may be afraid of where to elsel their coin, that may lead to selling of all their coin do to fear of all exchange not shutting down. Or most people may decide to to even invest due to the decition of the government concerning bitcoin in particular country. I know most countries people are afraid of investing in bitcoin because of there jurisdictions so Invariably government decition can also influence the slow growth of bitcoin.

Market sentiment: market sentiment falls under the category of rumours which you have already explained and it also causes slow growth of bitcoin when people believe in rumour it reduces the growth of bitcoin. Apart from this few all has been stated above which are
Regulatory body, spot bitcoin ETF, market correction and demand and supply. Inflation is also another factor.

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June 18, 2024, 10:51:33 AM
 #806

Agree, since passing the halving period, it is clear that there is no desire for bitcoin to drop drastically and increase but always stay at a safe price. Do he want to make a correction again to give bitcoin a boost towards the end of the year to be able to reach the optimal price? So that at the beginning of the year its second ATH can be formed and, of course, it will be able to reach the optimal price.
The end of the year seems to be able to reach $100K so that at the beginning of the year a renewable ATH can be formed properly. We are waiting for that.
I completely agree. Since halving Bitcoin has been stable with no drastic drops or surges. It is as if  market is waiting for perfect moment to make its next move. I believe we are due for correction soon which will give Bitcoin boost it needs to reach its optimal price by end of the year. This will set stage for new all time high ATH at beginning of the year potentially reaching $100K. Market seems to be building up to this moment and I'm excited to see if it will indeed come to fruition. The wait is on.

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June 19, 2024, 11:40:41 AM
 #807

Agree, since passing the halving period, it is clear that there is no desire for bitcoin to drop drastically and increase but always stay at a safe price. Do he want to make a correction again to give bitcoin a boost towards the end of the year to be able to reach the optimal price? So that at the beginning of the year its second ATH can be formed and, of course, it will be able to reach the optimal price.
The end of the year seems to be able to reach $100K so that at the beginning of the year a renewable ATH can be formed properly. We are waiting for that.
I completely agree. Since halving Bitcoin has been stable with no drastic drops or surges. It is as if  market is waiting for perfect moment to make its next move. I believe we are due for correction soon which will give Bitcoin boost it needs to reach its optimal price by end of the year. This will set stage for new all time high ATH at beginning of the year potentially reaching $100K. Market seems to be building up to this moment and I'm excited to see if it will indeed come to fruition. The wait is on.
Bitcoin price has nothing to do with getting to a new ATH at the beginning of the year or at a special period of the year like you're trying to suggest. Even though people had expected that this circle will experience it major bull and a possible new ATH after the halving, we've seen that we saw Bitcoin getting bullish even before the halving and even leading to a new ATH before the halving.

When considering factors that may lead to a bull in Bitcoin, instead of looking at seasons of the year as a factor to be considered, it's better to make our judgement based on current microeconomic indicators like economic uncertainty at different part of the world which might put people in a condition to start selling there holding and also consider other factors like the supply and demands Dynamics. These and many other legitimate factors where part of what led to the previous ATH we hard even before the halving due to the fact that Bitcoin spot ETF was adopted and the level of bitcoin adoption globally was growing too fast. We can witness a bitcoin going above $100k sonner than expected and like the reality is, we're all doing these speculations based on the reality we know and the expectations we have but what's more important is that we're ready and well prepared to device means that will help us to hold a good portion of Bitcoin at this time.

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June 19, 2024, 03:16:31 PM
 #808

It's been a very long time, maybe in the last 2 months the price of Bitcoin has been stable between $60k-$70k and hasn't shown any signs of being bullish even though the halving has started. it's actually very realistic to expect bitcoin to reach $100k because before the halving started bitcoin's ATH was $73k. I think in the near future we shouldn't talk about $100k because bitcoin's biggest challenge right now is crossing $70k.
Bitcoin price movement can be unpredictable, but with fundamentals in place there is still believe that in the near future bitcoin can reach 100k. The potential to reach new heights  are certain, our main objectives is to capitalise on this moment bitcoin is  still hovering around $60k-$70k to increase your holdings, increasing your holdings now can potentially lead to a substantial appreciation when it hit 100k. Don't underestimate the power of bitcoin because of it potentials there are lot of catalyst to drive the proce upward.
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June 19, 2024, 05:42:51 PM
 #809

It's been a very long time, maybe in the last 2 months the price of Bitcoin has been stable between $60k-$70k and hasn't shown any signs of being bullish even though the halving has started. it's actually very realistic to expect bitcoin to reach $100k because before the halving started bitcoin's ATH was $73k. I think in the near future we shouldn't talk about $100k because bitcoin's biggest challenge right now is crossing $70k.
Bitcoin price movement can be unpredictable, but with fundamentals in place there is still believe that in the near future bitcoin can reach 100k. The potential to reach new heights  are certain, our main objectives is to capitalise on this moment bitcoin is  still hovering around $60k-$70k to increase your holdings, increasing your holdings now can potentially lead to a substantial appreciation when it hit 100k. Don't underestimate the power of bitcoin because of it potentials there are lot of catalyst to drive the proce upward.
Bitcoin is substantially preparing to reach new highs along with price corrections. Now you should be with your holding so that it doesn't go to withdrawal phase prematurely. Bitcoin's price is $100k, considering the main point, you need to organize your holdings and maintain regular deposits. In a world where inflation and other warring conditions exist, Bitcoin has so far surpassed ATH this year that will happen again. $100k where initial is a target for investors so that the size of the bitcoin pile can be more modest. $100k focus.

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June 19, 2024, 05:47:33 PM
 #810

It's been a very long time, maybe in the last 2 months the price of Bitcoin has been stable between $60k-$70k and hasn't shown any signs of being bullish even though the halving has started. it's actually very realistic to expect bitcoin to reach $100k because before the halving started bitcoin's ATH was $73k. I think in the near future we shouldn't talk about $100k because bitcoin's biggest challenge right now is crossing $70k.
Bitcoin price movement can be unpredictable, but with fundamentals in place there is still believe that in the near future bitcoin can reach 100k. The potential to reach new heights  are certain, our main objectives is to capitalise on this moment bitcoin is  still hovering around $60k-$70k to increase your holdings, increasing your holdings now can potentially lead to a substantial appreciation when it hit 100k. Don't underestimate the power of bitcoin because of it potentials there are lot of catalyst to drive the proce upward.

There are no certainties in the crypto market. But we can expect Bitcoin to reach $100k one day. But we cannot be guaranteed that Bitcoin will reach new highs. Our expectations around Bitcoin are high. So we always hope that Bitcoin will touch new milestones and Bitcoin does not disappoint our hopes. This is not to say that we can guarantee that the price of Bitcoin will continue to rise. Nothing is impossible in crypto market, everything is possible here.

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June 19, 2024, 10:25:41 PM
 #811

It's been a very long time, maybe in the last 2 months the price of Bitcoin has been stable between $60k-$70k and hasn't shown any signs of being bullish even though the halving has started. it's actually very realistic to expect bitcoin to reach $100k because before the halving started bitcoin's ATH was $73k. I think in the near future we shouldn't talk about $100k because bitcoin's biggest challenge right now is crossing $70k.
Bitcoin price movement can be unpredictable, but with fundamentals in place there is still believe that in the near future bitcoin can reach 100k. The potential to reach new heights  are certain, our main objectives is to capitalise on this moment bitcoin is  still hovering around $60k-$70k to increase your holdings, increasing your holdings now can potentially lead to a substantial appreciation when it hit 100k. Don't underestimate the power of bitcoin because of it potentials there are lot of catalyst to drive the proce upward.

There are no certainties in the crypto market. But we can expect Bitcoin to reach $100k one day. But we cannot be guaranteed that Bitcoin will reach new highs. Our expectations around Bitcoin are high. So we always hope that Bitcoin will touch new milestones and Bitcoin does not disappoint our hopes. This is not to say that we can guarantee that the price of Bitcoin will continue to rise. Nothing is impossible in crypto market, everything is possible here.
The price of bitcoin shouldn't be the issue, but taking the opportunity that bitcoin is at this current price of 65k to buy more Bitcoin into our bags should be our focus because increasing our portfolio will be better off now than when the price reaches $100k.

I know that bitcoin price will reach $100k but no one can predict the actual time and as long as you are not planning to sell but to hodli for a long period of time it is good to DCA regularly in other to increase your bitcoin stash at various price levels.

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June 20, 2024, 02:26:24 AM
 #812

It's been a very long time, maybe in the last 2 months the price of Bitcoin has been stable between $60k-$70k and hasn't shown any signs of being bullish even though the halving has started. it's actually very realistic to expect bitcoin to reach $100k because before the halving started bitcoin's ATH was $73k. I think in the near future we shouldn't talk about $100k because bitcoin's biggest challenge right now is crossing $70k.

Personally, I don't really like the term "stable" to describe something like bitcoin prices, especially since to me it seems that bitcoin is in a kind of war, so even if there are periods of relative "stability" or consolidation that might even be considered as going upon 4 months from the end of February, for me, that still does really rise to the level of stability... so yeah, good luck if you are relying on BTC prices to continue to largely stay in a $60k to $70k-ish range.
I was about to coment on this but just acknowledge that you have already done that. Definitely there are period or times bitcoin price is always staggering or become relatively stable as you mentioned and those periods shouldn't be a period of regret or thinking, otherwise lt may lead to agresiveness and may result to selling bitcoin. having much thought of bitcoin price instead of investing may lead to depression and emotional trauma when a person has heavily invested in bitcoin I think relaxing there mind will do them more good than
Ham, because of market panic has made alot of people to sell their coin and go for fake shit coin and this has caused alot of decline in the bitcoin market. Lack of a stable mindset Leed to wrong decision and wrong doing brings bad results and that is affecting Bitcoin growth now. And most of this unstable mind can be as a result of rumours around the internet, friends and relatives and when they chose to listen to rumours instead of listening to their mind they regret later. What am saying in essence is that people should be more focused in investing in bitcoin because bitcoin must surely supercedes this stage. $100k is even the least price expectancy from now till 20-30 years of investment. Though it may be lingering around but will not linger around forever and that is the main reason people should avoid looking at the current price of bitcoin.

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June 20, 2024, 03:25:18 AM
 #813

It's been a very long time, maybe in the last 2 months the price of Bitcoin has been stable between $60k-$70k and hasn't shown any signs of being bullish even though the halving has started. it's actually very realistic to expect bitcoin to reach $100k because before the halving started bitcoin's ATH was $73k. I think in the near future we shouldn't talk about $100k because bitcoin's biggest challenge right now is crossing $70k.
When the market is bullish or even bearish, there will always be a correction because it is impossible for the price of Bitcoin to always rise during bullish times and also during bearish times to always fall.
Currently, the price of Bitcoin is experiencing a correction and the factor of long-term holders who are reportedly taking profits so that the price of Bitcoin is experiencing pressure but long-term holders will not sell all of their possessions because they know that the price of Bitcoin is still targeting higher prices this year, so traders will make Bitcoin prices are starting to rise, but no one can analyze exactly when that will happen. At the end of this month, my prediction is that Bitcoin prices will reach $70,000, and next month there is a big chance that Bitcoin will reach the latest ATH, and $100k will likely be reached this year.

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June 20, 2024, 09:51:47 AM
 #814

It's been a very long time, maybe in the last 2 months the price of Bitcoin has been stable between $60k-$70k and hasn't shown any signs of being bullish even though the halving has started. it's actually very realistic to expect bitcoin to reach $100k because before the halving started bitcoin's ATH was $73k. I think in the near future we shouldn't talk about $100k because bitcoin's biggest challenge right now is crossing $70k.
When the market is bullish or even bearish, there will always be a correction because it is impossible for the price of Bitcoin to always rise during bullish times and also during bearish times to always fall.
Currently, the price of Bitcoin is experiencing a correction and the factor of long-term holders who are reportedly taking profits so that the price of Bitcoin is experiencing pressure but long-term holders will not sell all of their possessions because they know that the price of Bitcoin is still targeting higher prices this year, so traders will make Bitcoin prices are starting to rise, but no one can analyze exactly when that will happen. At the end of this month, my prediction is that Bitcoin prices will reach $70,000, and next month there is a big chance that Bitcoin will reach the latest ATH, and $100k will likely be reached this year.

Yes, it's actually true that if you look at the chart, when the price of Bitcoin is rising, it doesn't just goes straight upward,  it normally does higher lows and higher high but investors like us called it pullback or corrections, so this current deep of the price of Bitcoin is actually a normal thing because it's just a correction, it's only the newbie investors that will sell in panic due to the sudden deep.

But in my own point of view, their is no point getting worked up by the sudden deep in price because we aren't traders, we are mostly Long term holder, so reacting to anything the price of Bitcoin does as a holder, is a very wrong thing to do, so the best thing to do at this point is to seize the opportunity and buy more, until we learn to focus less on the current price of Bitcoin, it's probably going to be difficult to hold for a very long period of time, because emotions can set in if we pay too much attention to it current price.

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June 20, 2024, 09:56:59 AM
 #815

The price of bitcoin shouldn't be the issue, but taking the opportunity that bitcoin is at this current price of 65k to buy more Bitcoin into our bags should be our focus because increasing our portfolio will be better off now than when the price reaches $100k.

I know that bitcoin price will reach $100k but no one can predict the actual time and as long as you are not planning to sell but to hodli for a long period of time it is good to DCA regularly in other to increase your bitcoin stash at various price levels.

Yeah the price of Bitcoin reaching $100k is certain and with the look of how the price has been doing for sometime now their is a higher chance that the price will hit $100k anytime soon, so actually the only people who would be skeptical about the price increase of Bitcoin is only those that did not believe on the potential, so perhaps those that believe and trust that in the future Bitcoin will break more high shouldn't consider the present situation of the price because is already certain that $100k will be nothing compare to the price of Bitcoin in the future so perhaps that alone should actually change the mindset of people to stop dwelling on the dip before buying Bitcoin because when it comes to investment all you need to consider the most is the potential and immediately you realize that it has a good potential prices or the current state shouldn't be an issue to prevent the person from taking advantage of the market.

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June 20, 2024, 11:27:54 AM
 #816

It's been a very long time, maybe in the last 2 months the price of Bitcoin has been stable between $60k-$70k and hasn't shown any signs of being bullish even though the halving has started. it's actually very realistic to expect bitcoin to reach $100k because before the halving started bitcoin's ATH was $73k. I think in the near future we shouldn't talk about $100k because bitcoin's biggest challenge right now is crossing $70k.
Bitcoin price movement can be unpredictable, but with fundamentals in place there is still believe that in the near future bitcoin can reach 100k. The potential to reach new heights  are certain, our main objectives is to capitalise on this moment bitcoin is  still hovering around $60k-$70k to increase your holdings, increasing your holdings now can potentially lead to a substantial appreciation when it hit 100k. Don't underestimate the power of bitcoin because of it potentials there are lot of catalyst to drive the proce upward.

There are no certainties in the crypto market. But we can expect Bitcoin to reach $100k one day. But we cannot be guaranteed that Bitcoin will reach new highs. Our expectations around Bitcoin are high. So we always hope that Bitcoin will touch new milestones and Bitcoin does not disappoint our hopes. This is not to say that we can guarantee that the price of Bitcoin will continue to rise. Nothing is impossible in crypto market, everything is possible here.

We are discussing about Possibilities of Bitcoin reaching $100k and not Crypto Market, I would love we stick with this and not related it to Crypto Market so we can both reach our ends.

Well said, I believe Bitcoin will reach $100k sooner or later. Of which the price Bitcoin will reach will be a new high just as the current high is $73,xxx I don't get you saying there is no guarantee of new high but it is certain that Bitcoin will reach $100k, don't confuse yourself Mate.

One thing investors and Bitcoiners need keep in mind is the fact that our hopes might be cut off and the Market can do anything it desires and it is totally out of our control so over-expectation is wrong as anything is possible which can go against our plan. We need to be check our optimism and be open to risk.
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June 20, 2024, 12:11:23 PM
 #817

It's been a very long time, maybe in the last 2 months the price of Bitcoin has been stable between $60k-$70k and hasn't shown any signs of being bullish even though the halving has started. it's actually very realistic to expect bitcoin to reach $100k because before the halving started bitcoin's ATH was $73k. I think in the near future we shouldn't talk about $100k because bitcoin's biggest challenge right now is crossing $70k.
Bitcoin price movement can be unpredictable, but with fundamentals in place there is still believe that in the near future bitcoin can reach 100k. The potential to reach new heights  are certain, our main objectives is to capitalise on this moment bitcoin is  still hovering around $60k-$70k to increase your holdings, increasing your holdings now can potentially lead to a substantial appreciation when it hit 100k. Don't underestimate the power of bitcoin because of it potentials there are lot of catalyst to drive the proce upward.

There are no certainties in the crypto market. But we can expect Bitcoin to reach $100k one day. But we cannot be guaranteed that Bitcoin will reach new highs. Our expectations around Bitcoin are high. So we always hope that Bitcoin will touch new milestones and Bitcoin does not disappoint our hopes. This is not to say that we can guarantee that the price of Bitcoin will continue to rise. Nothing is impossible in crypto market, everything is possible here.

We are discussing about Possibilities of Bitcoin reaching $100k and not Crypto Market, I would love we stick with this and not related it to Crypto Market so we can both reach our ends.

Well said, I believe Bitcoin will reach $100k sooner or later. Of which the price Bitcoin will reach will be a new high just as the current high is $73,xxx I don't get you saying there is no guarantee of new high but it is certain that Bitcoin will reach $100k, don't confuse yourself Mate.

One thing investors and Bitcoiners need keep in mind is the fact that our hopes might be cut off and the Market can do anything it desires and it is totally out of our control so over-expectation is wrong as anything is possible which can go against our plan. We need to be check our optimism and be open to risk.

Certain confusion will be raised if people will talk about crypto so to make all things on point then better they call it directly as Bitcoin so that there would be no confusion on the discussion.

But unexpected things will come and its just we don't know the exact timeline on when bitcoin would able to reach that $100k. For sure we can reach into that figure since even before no one really expect that bitcoin would ever hit into 5 digits figure that's why lots of historic event happens where they spend their bitcoin on nonsense things or just totally lost it because they don't know if the value of their acquired bitcoin will grow unto the current figure.

Bitcoin already reach its ATH which figures has already been said so we could see with that $100k is near to happen so I guess it need more push and more good things or adoption will happen then provably that we would able to reach that $100k price level.

R


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June 20, 2024, 12:20:23 PM
 #818

The price of bitcoin shouldn't be the issue, but taking the opportunity that bitcoin is at this current price of 65k to buy more Bitcoin into our bags should be our focus because increasing our portfolio will be better off now than when the price reaches $100k.

I know that bitcoin price will reach $100k but no one can predict the actual time and as long as you are not planning to sell but to hodli for a long period of time it is good to DCA regularly in other to increase your bitcoin stash at various price levels.

with the look of how the price has been doing for sometime now their is a higher chance that the price will hit $100k anytime soon,
I have come to realize that this analysis is wrong. Convince me otherwise. However, I used to be part of those preaching that it will be 100k anytime soon. But I was looking at the price and the movement it has been making. Bitcoin will not reach 100k soon but reaching 100k before or by the end of the year is somehow possible. I think the more we truly believe, the less we tend to think when the price will reach 100k either sooner or later. The more time we spend in Bitcoin the more we get to understand that time doesn't really matter but duration of investment and anticipation is better than watching the time all day.

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June 20, 2024, 12:38:26 PM
 #819

The price of bitcoin shouldn't be the issue, but taking the opportunity that bitcoin is at this current price of 65k to buy more Bitcoin into our bags should be our focus because increasing our portfolio will be better off now than when the price reaches $100k.

I know that bitcoin price will reach $100k but no one can predict the actual time and as long as you are not planning to sell but to hodli for a long period of time it is good to DCA regularly in other to increase your bitcoin stash at various price levels.

Yeah the price of Bitcoin reaching $100k is certain and with the look of how the price has been doing for sometime now their is a higher chance that the price will hit $100k anytime soon, so actually the only people who would be skeptical about the price increase of Bitcoin is only those that did not believe on the potential, so perhaps those that believe and trust that in the future Bitcoin will break more high shouldn't consider the present situation of the price because is already certain that $100k will be nothing compare to the price of Bitcoin in the future so perhaps that alone should actually change the mindset of people to stop dwelling on the dip before buying Bitcoin because when it comes to investment all you need to consider the most is the potential and immediately you realize that it has a good potential prices or the current state shouldn't be an issue to prevent the person from taking advantage of the market.
Absolutely those who trust in Bitcoin's potential and in its future value should know that it future potential outweigh concerns about present prices. When it comes to investing, recognizing potential is key. Focusing on the long-term vision rather than short-term dips is the way to go. Instead of  becoming fixed with the current Bitcoin price, seizing the chance to grab more now which price around $65k-$70k is key. Building up your portfolio now is smarter than worrying or waiting for bitcoin to hit $100k. Predicting the exact timing of hitting $100k is tough, so if you're in it for the long-term(hodling), regularly Dollar-Cost Averaging (DCA) to accumulate Bitcoin at different price points is a solid strategy to grow your stash.
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June 20, 2024, 06:57:21 PM
 #820

The price of bitcoin shouldn't be the issue, but taking the opportunity that bitcoin is at this current price of 65k to buy more Bitcoin into our bags should be our focus because increasing our portfolio will be better off now than when the price reaches $100k.

I know that bitcoin price will reach $100k but no one can predict the actual time and as long as you are not planning to sell but to hodli for a long period of time it is good to DCA regularly in other to increase your bitcoin stash at various price levels.

Yeah the price of Bitcoin reaching $100k is certain and with the look of how the price has been doing for sometime now their is a higher chance that the price will hit $100k anytime soon, so actually the only people who would be skeptical about the price increase of Bitcoin is only those that did not believe on the potential, so perhaps those that believe and trust that in the future Bitcoin will break more high shouldn't consider the present situation of the price because is already certain that $100k will be nothing compare to the price of Bitcoin in the future so perhaps that alone should actually change the mindset of people to stop dwelling on the dip before buying Bitcoin because when it comes to investment all you need to consider the most is the potential and immediately you realize that it has a good potential prices or the current state shouldn't be an issue to prevent the person from taking advantage of the market.
Absolutely those who trust in Bitcoin's potential and in its future value should know that it future potential outweigh concerns about present prices. When it comes to investing, recognizing potential is key. Focusing on the long-term vision rather than short-term dips is the way to go. Instead of  becoming fixed with the current Bitcoin price, seizing the chance to grab more now which price around $65k-$70k is key. Building up your portfolio now is smarter than worrying or waiting for bitcoin to hit $100k. Predicting the exact timing of hitting $100k is tough, so if you're in it for the long-term(hodling), regularly Dollar-Cost Averaging (DCA) to accumulate Bitcoin at different price points is a solid strategy to grow your stash.
People would really be just trying out to invest no the moment that you would really seeing those green candles instead on trying out to DCA when the market is dumping. You would really be needing to adjust
and needing up that be wise on taking up decisions because on the moment that you are really that seeing that there's a good entry because people would really be that usually be tending to jump
in on the moment that market is moving up and not on the  time that its dumping. They would really be that tending to chase up those uprising momentum and this is really that their solid
sign that they would be needing to enter on which this is really that a wrong belief or mindset to have but instead you should really be that making some entry or DCA on the moment that everyone
or everybody is on great fear about on a very bearish market.

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