Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Fivestar4everMVP on October 29, 2024, 09:09:01 PM

Title: Is Bitcoin heading to Valhalla
Post by: Fivestar4everMVP on October 29, 2024, 09:09:01 PM
It's an exciting time for all the holders of bitcoin, and may holders of some certain Altcoins as well.

Bitcoin in the past 2 or 3 days have been on a steady rise with minor pullbacks from time to time, and like it's a joke, the price is already above $72,000 which is less than a thousand dollars away from its previous all time high of around $73,700.

Being a hodler, I am happy to see this sight, I mean, who doesnt love green candle?

But I have a serious question to ask..
- what do you think is driving the price of bitcoin up? Any news or update acting as catalyst?
- Will the price of bitcoin fall back again if for whatever reason, Trump loses the coming US presidential election?

I am just so curious to know your thoughts...
Title: Re: Is Bitcoin heading to Valhalla
Post by: debra on October 29, 2024, 10:01:40 PM
But I have a serious question to ask..
- what do you think is driving the price of bitcoin up? Any news or update acting as catalyst?
- Will the price of bitcoin fall back again if for whatever reason, Trump loses the coming US presidential election?
- I don't see big news today. I think the price increases quite high because there is a bigger demand to buy Bitcoin more. We almost start November, people believe in big pump in November-December. This maybe trigger to higher demands on the market.
- I think it is very possible to have big correction if Trump fails. But I think we still can have the peak of bullrun season in the next year. Crypto market doesn't always depend on a single person.

Title: Re: Is Bitcoin heading to Valhalla
Post by: Zed0X on October 29, 2024, 10:18:44 PM
I don't know if his friendly stance on crypto would actually make the neutrals vote for him and make them start buying more crypto if he wins but I've also been reading posts about bitcoin just waiting for Trump back to the White House before it finally takes off. Maybe there is truth to that. As for the pullback, expect that the Black Friday Sale next month would contribute to that.
Title: Re: Is Bitcoin heading to Valhalla
Post by: Z-tight on October 29, 2024, 10:22:49 PM
It is good to see the price rising, and it does not look like it will be dumping soon, so we might see a new all time high very soon again. There was a lot of optimism at the beginning of this month, a lot of people were expecting a very high pump, it didn't really happen, but we are seeing good signs at the end and it is a good sign for the end of the year too.
Title: Re: Is Bitcoin heading to Valhalla
Post by: Mia Chloe on October 29, 2024, 10:34:02 PM
It's an exciting time for all the holders of bitcoin, and may holders of some certain Altcoins as well.
Bitcoin in the past 2 or 3 days have been on a steady rise with minor pullbacks from time to time, and like it's a joke, the price is already above $72,000 which is less than a thousand dollars away from its previous all time high of around $73,700.
For real though, I was  kinda surprised at the most recent move bitcoin made. The bull has been a strong one for quite along time and before now I was actually of the opinion that there would be a major pull back to mitigate possible fair value gaps left behind by the market since this pump. Anyways from what I can see so far, it doesn't really seem like that is happening so soon.

Anyways away from the view of trading and back to my regular HODLer perspective, man every HODLer out there pretty much very happy to see the progress so far. I was happy to when I checked coin market and I saw over 5% in the last 24hrs.
Title: Re: Is Bitcoin heading to Valhalla
Post by: Azharul on October 30, 2024, 12:12:28 PM
I think that you could express your best opinion in this post. So i am also agree with this comment. We know that bitcoin is one of the best earning way in cryptocurrency market. If we spend money for investment and hold crypto currency market, i think that bitcoin will be top currency in this time. I also think that in future bitcoin price will hit $100k. So i also believe that bitcoin will be best profitable, which will be future gold in cryptocurrency market.
Title: Re: Is Bitcoin heading to Valhalla
Post by: Faisal2202 on October 30, 2024, 06:20:54 PM
But I have a serious question to ask..
- what do you think is driving the price of bitcoin up? Any news or update acting as catalyst?
- Will the price of bitcoin fall back again if for whatever reason, Trump loses the coming US presidential election?

I am just so curious to know your thoughts...
I think elections and the last quarter of 2024 are causing the market to be bullish but elections are the big catalyst here now the wait is about to end for election results seekers and they will take actions accordingly which will make BTC price more volatile.

I think yeah, if Trump fails, the market will dump but not for a long time as the sentiments are showing adoption is the reason behind this pump so I think before election results it will make a new ATH to create suspense and buying pressure is also high.
Title: Re: Is Bitcoin heading to Valhalla
Post by: 0t3p0t on October 30, 2024, 07:43:12 PM
I see it in the news that investors are riding a bet for Trumps victory so maybe this might make some movements as we all know these investors are big players in the market. No doubt pro Bitcoin like us are also making any positive involvement on this.
Title: Re: Is Bitcoin heading to Valhalla
Post by: Z-tight on October 30, 2024, 07:54:22 PM
I see it in the news that investors are riding a bet for Trumps victory so maybe this might make some movements as we all know these investors are big players in the market. No doubt pro Bitcoin like us are also making any positive involvement on this.
I don't know if it has anything to do with the U.S. election and investors 'betting' on a victory for Trump, but it is good to see the price come so close to setting a new all time high.

I know speculators will want to take advantage of the forthcoming election, Trump has tried to convince some bitcoiners that he will support the network, so that is another thing to look out for.
Title: Re: Is Bitcoin heading to Valhalla
Post by: Fivestar4everMVP on October 30, 2024, 08:19:06 PM
I see it in the news that investors are riding a bet for Trumps victory so maybe this might make some movements as we all know these investors are big players in the market. No doubt pro Bitcoin like us are also making any positive involvement on this.
I don't know if it has anything to do with the U.S. election and investors 'betting' on a victory for Trump, but it is good to see the price come so close to setting a new all time high.

I know speculators will want to take advantage of the forthcoming election, Trump has tried to convince some bitcoiners that he will support the network, so that is another thing to look out for.
Like I think I've mentioned in one of the threads on this board (or maybe it's on the other forum), I've come across several tweets on X who are saying that if Trump loses the forth coming election, they will sell all their bitcoins.

With several person saying this, it's not so hard to see that alot of crypto enthusiasts are rooting for Trump to win the election because they think he will help bitcoin and crypto in general operate better in the US .

Trump is one of those politicians that turned around from hating bitcoin to loving it, he has not only tried to convince, but he has actually bought alot of bitcoin, and actually have taken his time to attend bitcoin conference(s).
Surely, his winning the US presidential election will sure push the price of bitcoin upward, and him loosing sure will bring the price down a bit, but going forward, bitcoin will definitely pick up and continue rise again..

This is just my speculation.
Title: Re: Is Bitcoin heading to Valhalla
Post by: Ricardo11 on October 30, 2024, 08:23:56 PM
I think elections and the last quarter of 2024 are causing the market to be bullish but elections are the big catalyst here now the wait is about to end for election results seekers and they will take actions accordingly which will make BTC price more volatile.

I think yeah, if Trump fails, the market will dump but not for a long time as the sentiments are showing adoption is the reason behind this pump so I think before election results it will make a new ATH to create suspense and buying pressure is also high.
Trump's victory is important for Bitcoin's next positive movement, with only five days left for the election, and currently Bitcoin's price is at $72K. If Trump somehow loses, Bitcoin will definitely dump, because every Bitcoin expert thinks that if Trump loses, Bitcoin may drop below $50K, and if Trump wins, Bitcoin will cross $92K. However, nothing can be said about the possibility of Trump winning the election. But we must remember that Trump's victory will send Bitcoin to the pump. And at the end of this year and next year Bitcoin will become stronger.
Title: Re: Is Bitcoin heading to Valhalla
Post by: yhiaali3 on October 30, 2024, 08:41:56 PM
Positive news increases the demand for Bitcoin, which makes the price rise, and negative news does the opposite, making people sell, which increases the supply and lowers the price. But it is not only the news that affects the price rise, there are many other factors.

As for the US elections, they will definitely have a positive or negative impact on the price of Bitcoin. If Trump wins, the impact will be very positive, and if she wins completely, the impact will be negative, but in both cases I think the impact will be temporary and will not last long.
Title: Re: Is Bitcoin heading to Valhalla
Post by: TomPluz on November 01, 2024, 08:58:11 AM

But I have a serious question to ask..
- what do you think is driving the price of bitcoin up? Any news or update acting as catalyst?
- Will the price of bitcoin fall back again if for whatever reason, Trump loses the coming US presidential election?


One big reason for the rise of Bitcoin can be the big inflows happening in many ETFs right now and if things can be sustained then we can see a new ATH maybe in November though it is good to note that on the first day of this month the price went back to $69K but am still more positive that there is still more energy now in Bitcoin for it to be back at $72 and then maybe even make it to $75K especially if we can see DJT getting the big YES vote from the electoral college. Of course, if DJT will not win the election and it would be Kamala Harris to take the plum post I am seeing a big possibility for some downturn for Bitcoin though things here can be temporary.

Title: Re: Is Bitcoin heading to Valhalla
Post by: Faisal2202 on November 01, 2024, 07:28:18 PM
Trump's victory is important for Bitcoin's next positive movement, with only five days left for the election, and currently Bitcoin's price is at $72K. If Trump somehow loses, Bitcoin will definitely dump, because every Bitcoin expert thinks that if Trump loses, Bitcoin may drop below $50K, and if Trump wins, Bitcoin will cross $92K. However, nothing can be said about the possibility of Trump winning the election. But we must remember that Trump's victory will send Bitcoin to the pump. And at the end of this year and next year Bitcoin will become stronger.
Let's get to the bottom of it (at least I think its the bottom) if you think this will happen if he win and if he loses then I am sure just like you half a million other people also think the same or maybe more. So if a lot of voters know this they will definitely vote for him, because in this era money and money-making opportunities in the future is what matter most.

I am also expecting a rise up to $80 to $90k but you saying $92k just added a bit of more confidence in me Thanks for that. Let's hope for best.
Title: Re: Is Bitcoin heading to Valhalla
Post by: coinerer on November 03, 2024, 06:14:51 PM
But I have a serious question to ask..
- what do you think is driving the price of bitcoin up? Any news or update acting as catalyst?

All the cripto adoption increased compare to previous year. But now the upcoming us election is main concerning about Bitcoin to go up. If you saw that people are only buying Bitcoin and money is flowing on Bitcoin that's why we can't dominance is going up everyday.

Quote
- Will the price of bitcoin fall back again if for whatever reason, Trump loses the coming US presidential election?

I am just so curious to know your thoughts...

Yes currently the election is the main focus and everyone is eagerly waiting for the election result. It's fascinating that how much the election prediction is affecting on Bitcoin now. Just because of Donald Trump fall behind Harris Bitcoin is dump by $2k. In my point of view now commo trading is going on now FOMO trading is going on.
All eyes on Trump. It's possible that Bitcoin may godown as low as $50k if Trump losses. But the bigger picture will be that market will eventually came back to life. After washing all the paper hands the market will go for uptrend. And if trump wins there will be a fomo  pump around $75k - $80k.

My suggestion will be be patient and see what moves market made.
Title: Re: Is Bitcoin heading to Valhalla
Post by: SmartGold01 on November 03, 2024, 08:26:41 PM
It's an exciting time for all the holders of bitcoin, and may holders of some certain Altcoins as well.

Bitcoin in the past 2 or 3 days have been on a steady rise with minor pullbacks from time to time, and like it's a joke, the price is already above $72,000 which is less than a thousand dollars away from its previous all time high of around $73,700.

Being a hodler, I am happy to see this sight, I mean, who doesnt love green candle?

But I have a serious question to ask..
- what do you think is driving the price of bitcoin up? Any news or update acting as catalyst?
- Will the price of bitcoin fall back again if for whatever reason, Trump loses the coming US presidential election?

I am just so curious to know your thoughts...
Of course no holders that wouldn't be happy see bitcoin soaring to this point, and those who hasn't invested yet are grumbling for the price increase therefore they are wishing the price to drop seriously for them to invest. People who already holding sufficient volume are hoping for the price to soar higher while those that aren't holding yet are wishing for a best entry point to buy at the coolest moment.
Title: Re: Is Bitcoin heading to Valhalla
Post by: bhadz on November 03, 2024, 09:02:58 PM
But I have a serious question to ask..
- what do you think is driving the price of bitcoin up? Any news or update acting as catalyst?
- Will the price of bitcoin fall back again if for whatever reason, Trump loses the coming US presidential election?

I am just so curious to know your thoughts...
- The price is probably triggered by the upcoming results for the US elections.
- We're starting to see the fall of it but this is just mere correction that everyone needs to take lightly. Because we've crossed $70k again and it's close to the former ATH but didn't break it so, a pull back is imminent.
Title: Re: Is Bitcoin heading to Valhalla
Post by: Tribalchief on November 03, 2024, 09:54:30 PM
But I have a serious question to ask..
- what do you think is driving the price of bitcoin up? Any news or update acting as catalyst?

Not sure, but I've two feelings. One is probably the uptober hype while the other is probably the US presidential election that is just around the corner. You know how the market is, both little and massive things can trigger either a bullish or bearish movement.

Quote
- Will the price of bitcoin fall back again if for whatever reason, Trump loses the coming US presidential election?

Sad to say, but that's what I think might likely happen. The crypto community supports trump, so there is a big chance that the outcome will have a say.
Title: Re: Is Bitcoin heading to Valhalla
Post by: vegasus on November 03, 2024, 10:22:12 PM
But I have a serious question to ask..
- what do you think is driving the price of bitcoin up? Any news or update acting as catalyst?

Not sure, but I've two feelings. One is probably the uptober hype while the other is probably the US presidential election that is just around the corner. You know how the market is, both little and massive things can trigger either a bullish or bearish movement.
Tomorrow is the day for the US election, right? Well, indeed Trump is always associated with the possibility that the market will be much more bullish quickly if Trump really wins. However, the next fact will still depend on the market, what the conditions are like, usually we are always tested with various market conditions that are very easy to change. and in the end we ourselves must support whatever our decision has become. and for the possibility of Trump losing or winning, it will still have a good or bad influence on the market, that will be very normal. and what we should do is not to regret anything that we have believed in and managed, because all decisions that exist can be due to several other reasons by looking at the market performance so far.
Title: Re: Is Bitcoin heading to Valhalla
Post by: TomPluz on November 05, 2024, 05:20:24 AM
Tomorrow is the day for the US election, right? Well, indeed Trump is always associated with the possibility that the market will be much more bullish quickly if Trump really wins. However, the next fact will still depend on the market, what the conditions are like, usually we are always tested with various market conditions that are very easy to change.

The Trump effect will just be one of the many things that can influence the crypto market...however this will be a big one at this moment. I am awaiting the final result of the election and if ever Trump will win we can see a major bump for Bitcoin though nobody can be sure how long will the sugar-high excitement can last. Right now, there is a little correction and it can be sending us the message that Bitcoin is gathering some good level of energy awaiting on what will be after the November 5 election. I am on the positive side that Trump will eventually emerge as the winner against the administration's Kamala Harris but since this is a close race we can only speculate and hope.


Title: Re: Is Bitcoin heading to Valhalla
Post by: Fivestar4everMVP on November 05, 2024, 08:32:57 PM
Tomorrow is the day for the US election, right? Well, indeed Trump is always associated with the possibility that the market will be much more bullish quickly if Trump really wins. However, the next fact will still depend on the market, what the conditions are like, usually we are always tested with various market conditions that are very easy to change.

The Trump effect will just be one of the many things that can influence the crypto market...however this will be a big one at this moment. I am awaiting the final result of the election and if ever Trump will win we can see a major bump for Bitcoin though nobody can be sure how long will the sugar-high excitement can last. Right now, there is a little correction and it can be sending us the message that Bitcoin is gathering some good level of energy awaiting on what will be after the November 5 election. I am on the positive side that Trump will eventually emerge as the winner against the administration's Kamala Harris but since this is a close race we can only speculate and hope.
Yeah, we can only speculate for now and don't come to any concrete conclusion, but then, one thing that is certain for sure is that the odds of winning is sure high on trump.
I was on Twitter(now X) a while ago and I can tell you that people are really excited to see Trump come out as the next president of the United States of America, he is an exciting choice for the crypto community, and like we all can see, the effect of his chances of winning is already showing in bitcoin today as we saw it comfortably cross the $70k mark, lets hope that all will turn out good for Trump,  not just for the US but for bitcoin and crypto at large.
Title: Re: Is Bitcoin heading to Valhalla
Post by: Ojima-ojo on November 05, 2024, 08:47:31 PM
Tomorrow is the day for the US election, right? Well, indeed Trump is always associated with the possibility that the market will be much more bullish quickly if Trump really wins. However, the next fact will still depend on the market, what the conditions are like, usually we are always tested with various market conditions that are very easy to change.

The Trump effect will just be one of the many things that can influence the crypto market...however this will be a big one at this moment. I am awaiting the final result of the election and if ever Trump will win we can see a major bump for Bitcoin though nobody can be sure how long will the sugar-high excitement can last. Right now, there is a little correction and it can be sending us the message that Bitcoin is gathering some good level of energy awaiting on what will be after the November 5 election. I am on the positive side that Trump will eventually emerge as the winner against the administration's Kamala Harris but since this is a close race we can only speculate and hope.
Yeah, we can only speculate for now and don't come to any concrete conclusion, but then, one thing that is certain for sure is that the odds of winning is sure high on trump.
I was on Twitter(now X) a while ago and I can tell you that people are really excited to see Trump come out as the next president of the United States of America, he is an exciting choice for the crypto community, and like we all can see, the effect of his chances of winning is already showing in bitcoin today as we saw it comfortably cross the $70k mark, lets hope that all will turn out good for Trump,  not just for the US but for bitcoin and crypto at large.
Now everything looks as if a win for Trump is a win for bitcoin, any ways, whatever that support the community is in our best interests and we support it whole heartedly.
Title: Re: Is Bitcoin heading to Valhalla
Post by: Fivestar4everMVP on November 05, 2024, 09:09:59 PM
Tomorrow is the day for the US election, right? Well, indeed Trump is always associated with the possibility that the market will be much more bullish quickly if Trump really wins. However, the next fact will still depend on the market, what the conditions are like, usually we are always tested with various market conditions that are very easy to change.

The Trump effect will just be one of the many things that can influence the crypto market...however this will be a big one at this moment. I am awaiting the final result of the election and if ever Trump will win we can see a major bump for Bitcoin though nobody can be sure how long will the sugar-high excitement can last. Right now, there is a little correction and it can be sending us the message that Bitcoin is gathering some good level of energy awaiting on what will be after the November 5 election. I am on the positive side that Trump will eventually emerge as the winner against the administration's Kamala Harris but since this is a close race we can only speculate and hope.
Yeah, we can only speculate for now and don't come to any concrete conclusion, but then, one thing that is certain for sure is that the odds of winning is sure high on trump.
I was on Twitter(now X) a while ago and I can tell you that people are really excited to see Trump come out as the next president of the United States of America, he is an exciting choice for the crypto community, and like we all can see, the effect of his chances of winning is already showing in bitcoin today as we saw it comfortably cross the $70k mark, lets hope that all will turn out good for Trump,  not just for the US but for bitcoin and crypto at large.
Now everything looks as if a win for Trump is a win for bitcoin, any ways, whatever that support the community is in our best interests and we support it whole heartedly.
Well, personally, I would want to say that a win for Trump is not entirely a win for bitcoin, but I think a win for him is kind of a right step in the right direction as regards bitcoin and crypto adoption in the US.

You and I know that US is currently the world power, though China is trying so hard to become the world power, they have not succeeded yet, and bitcoin gaining dominance and acceptance in the US ultimately means that the rest of the countries of the world at some point will no longer have any other choice but to accept and adopt bitcoin.

And so far, trump is the one man who have not only shown interest in bitcoin by words of mouth alone, he and his impending vice have shown interest in did and actions as well, Trump and his impending vice are said to hold a good amount of bitcoins and have attended some bitcoin meetings and conferences.
This are but a few reasons why the bitcoin and crypto community love trump and want him to win.
Title: Re: Is Bitcoin heading to Valhalla
Post by: nakmantu99 on November 05, 2024, 09:43:23 PM
Tomorrow is the day for the US election, right? Well, indeed Trump is always associated with the possibility that the market will be much more bullish quickly if Trump really wins. However, the next fact will still depend on the market, what the conditions are like, usually we are always tested with various market conditions that are very easy to change.

The Trump effect will just be one of the many things that can influence the crypto market...however this will be a big one at this moment. I am awaiting the final result of the election and if ever Trump will win we can see a major bump for Bitcoin though nobody can be sure how long will the sugar-high excitement can last. Right now, there is a little correction and it can be sending us the message that Bitcoin is gathering some good level of energy awaiting on what will be after the November 5 election. I am on the positive side that Trump will eventually emerge as the winner against the administration's Kamala Harris but since this is a close race we can only speculate and hope.
Yeah, we can only speculate for now and don't come to any concrete conclusion, but then, one thing that is certain for sure is that the odds of winning is sure high on trump.
I was on Twitter(now X) a while ago and I can tell you that people are really excited to see Trump come out as the next president of the United States of America, he is an exciting choice for the crypto community, and like we all can see, the effect of his chances of winning is already showing in bitcoin today as we saw it comfortably cross the $70k mark, lets hope that all will turn out good for Trump,  not just for the US but for bitcoin and crypto at large.
I read a survey from the US presidential election, akamal is slightly ahead of trump so the chance of trump to win is not yet certain. so we wait for further news because the US presidential election has not been announced. If trump wins it will have a good impact on the crypto market but if he loses we will see a big correction and the price of bitcoin will drop sharply.
Title: Re: Is Bitcoin heading to Valhalla
Post by: JoyMarsha on November 05, 2024, 09:58:18 PM
I think that you could express your best opinion in this post. So i am also agree with this comment. We know that bitcoin is one of the best earning way in cryptocurrency market. If we spend money for investment and hold crypto currency market, i think that bitcoin will be top currency in this time. I also think that in future bitcoin price will hit $100k. So i also believe that bitcoin will be best profitable, which will be future gold in cryptocurrency market.
In the future, we are looking at Bitcoin to hit $100k by next year. That's when many crypto investors are anticipating Bitcoin to hit $100k because of the upcoming bull run.

Just for your notice, Bitcoin is already the top crypto coin ever known; it's also the future digital money, not "will be''. The ''will be" in your statement sounds like not yet been achieved, while it has already, long time ago
Title: Re: Is Bitcoin heading to Valhalla
Post by: vegasus on November 06, 2024, 12:03:10 AM
Tomorrow is the day for the US election, right? Well, indeed Trump is always associated with the possibility that the market will be much more bullish quickly if Trump really wins.
The Trump effect will just be one of the many things that can influence the crypto market...however this will be a big one at this moment. I am awaiting the final result of the election and if ever Trump will win we can see a major bump for Bitcoin though nobody can be sure how long will the sugar-high excitement can last.
Yes, the crypto market often rises or falls very quickly due to certain news that is very influential in the global world, in superpowers, and from big global figures who are very influential. This means that it will be one of the triggers for BTC price movements which may be much more significant later.

Yes, of course we expect a price increase, not negative news that occurs. Moreover, this is almost the end of this year, so the possibility of an uptrend in Q4 this year has indeed started, and news related to the results of the US election could be one of the driving factors that is so significant.
Title: Re: Is Bitcoin heading to Valhalla
Post by: LogitechMouse on November 06, 2024, 05:29:04 AM
Being a hodler, I am happy to see this sight, I mean, who doesnt love green candle?
Not me. :P JK
But I have a serious question to ask..
- what do you think is driving the price of bitcoin up? Any news or update acting as catalyst?
- Will the price of bitcoin fall back again if for whatever reason, Trump loses the coming US presidential election?
Currently, we're seeing new ATH over new ATH because of the US elections, and I guess we already knew that if Trump wins in this election (which he is already. Just waiting for the confirmation), the price of the crypto market will sky rocket because we've seen him very vocal when it comes to Bitcoin. Now we are seeing Bitcoin's price reaching as high as $75,000 already. That's the acting catalyst right now, and I don't know if how high it will go, but I see $75,000 and $80,000 as the short term resistance.

For your 2nd question, it seems like Trump will not lose on this one, but I think a different price movement could happen if Harris won the election.
Title: Re: Is Bitcoin heading to Valhalla
Post by: lombok on November 07, 2024, 11:30:03 AM
Tomorrow is the day for the US election, right? Well, indeed Trump is always associated with the possibility that the market will be much more bullish quickly if Trump really wins.
The Trump effect will just be one of the many things that can influence the crypto market...however this will be a big one at this moment. I am awaiting the final result of the election and if ever Trump will win we can see a major bump for Bitcoin though nobody can be sure how long will the sugar-high excitement can last.
Yes, the crypto market often rises or falls very quickly due to certain news that is very influential in the global world, in superpowers, and from big global figures who are very influential. This means that it will be one of the triggers for BTC price movements which may be much more significant later.

Yes, of course we expect a price increase, not negative news that occurs. Moreover, this is almost the end of this year, so the possibility of an uptrend in Q4 this year has indeed started, and news related to the results of the US election could be one of the driving factors that is so significant.
Well, The behaviour of the crypto market really can strongly depend on big news, which is released from powerful countries or important world personalities. The expected price increase at the end of this year is possible, particularly alongside expectations about the US election which could offer another boost to the price of BTC and other assets.

Nonetheless, it is crucial for us not to get complacent only about the good news around the world. We will be able to focus on the opportunities in sharply changing markets better if our portfolio is ready for such fluctuations while at the same time being shielded from negativity.
Title: Re: Is Bitcoin heading to Valhalla
Post by: NotATether on November 07, 2024, 01:25:37 PM
Valhalla?

What on earth is that?

Currently, we're seeing new ATH over new ATH because of the US elections, and I guess we already knew that if Trump wins in this election (which he is already. Just waiting for the confirmation), the price of the crypto market will sky rocket because we've seen him very vocal when it comes to Bitcoin. Now we are seeing Bitcoin's price reaching as high as $75,000 already. That's the acting catalyst right now, and I don't know if how high it will go, but I see $75,000 and $80,000 as the short term resistance.

Confirmation is all but here now, so I'm seeing the price is perpetually on $75K, but it should continue to clock up a few notches before the end of the month.

For your 2nd question, it seems like Trump will not lose on this one, but I think a different price movement could happen if Harris won the election.

I'm thinking maybe it would have fell to $60K or something before going back to $70K again as all of the bets would have been wiped out. But hey this works out for me, because I'm about to sell some coins.
Title: Re: Is Bitcoin heading to Valhalla
Post by: densus88 on November 07, 2024, 03:40:38 PM
Tomorrow is the day for the US election, right? Well, indeed Trump is always associated with the possibility that the market will be much more bullish quickly if Trump really wins.
The Trump effect will just be one of the many things that can influence the crypto market...however this will be a big one at this moment. I am awaiting the final result of the election and if ever Trump will win we can see a major bump for Bitcoin though nobody can be sure how long will the sugar-high excitement can last.
Yes, the crypto market often rises or falls very quickly due to certain news that is very influential in the global world, in superpowers, and from big global figures who are very influential. This means that it will be one of the triggers for BTC price movements which may be much more significant later.

Yes, of course we expect a price increase, not negative news that occurs. Moreover, this is almost the end of this year, so the possibility of an uptrend in Q4 this year has indeed started, and news related to the results of the US election could be one of the driving factors that is so significant.
The news that is circulating will always affect the crypto market, because a big country like the US has a fairly large crypto community and what happens there will have an impact on bitcoin and the crypto market. As we saw when the presidential election took place and the vote count showed that trump was starting to beat Kamala harris, the price of bitcoin started to rise and finally hit ATH.
Title: Re: Is Bitcoin heading to Valhalla
Post by: vegasus on November 07, 2024, 10:08:10 PM
Yes, the crypto market often rises or falls very quickly due to certain news that is very influential in the global world, in superpowers, and from big global figures who are very influential. This means that it will be one of the triggers for BTC price movements which may be much more significant later.
Well, The behaviour of the crypto market really can strongly depend on big news, which is released from powerful countries or important world personalities. The expected price increase at the end of this year is possible, particularly alongside expectations about the US election which could offer another boost to the price of BTC and other assets.
Yes, of course, big countries that have more power will usually give their own effect on the news that develops related to these countries. such as the US, Russia, and also China. This is certainly about some big things that always have an influence. Including in it is the news of war, it will usually cause an effect not only on certain things but also on market conditions.

That is why in investing, the various things that have been mentioned are very complicated and influential, so we can consider the things before doing some decision related to the crypto world.
Title: Re: Is Bitcoin heading to Valhalla
Post by: bayu7adi on November 08, 2024, 04:31:47 AM
- Will the price of bitcoin fall back again if for whatever reason, Trump loses the coming US presidential election?
Given that Trump is the only one campaigning for the Bitcoin community, the real hope for those who want Bitcoin to go up is Trump being elected president... If Harris ends up having more votes than Trump, that would really bring about a correction (in my opinion)...

Since what has happened is that Trump won, so enjoy the price increase, I'm sure many of us are starting to feel confident about the future of cryptocurrency now.
Title: Re: Is Bitcoin heading to Valhalla
Post by: Madmax789 on November 09, 2024, 09:15:36 AM
"Heading to Valhalla" is a phrase some bitcoin enthusiasts use jokingly to suggest that bitcoin is on its way to legendary status—massive value increases, greater adoption, and cementing its place in financial history. Whether Bitcoin will "reach Valhalla" depends on several factors: Bitcoin's journey to "Valhalla" will likely require sustained adoption, not only as an investment, but also as a functional part of the financial system and everyday transactions. The continued growth of the number of people holding, using and building around Bitcoin will be a big step in this direction. Bitcoin's limited supply has given it the reputation of "digital gold". If more people and institutions adopt bitcoin as a hedge against inflation and economic uncertainty, it could solidify its role as a valuable, scarcity-driven asset—another step toward "Valhalla." Reaching Bitcoin "Valhalla" is possible, although it requires continued growth, global acceptance and resilience. Although it may face challenges along the way, many enthusiasts believe that if Bitcoin can maintain its trajectory, it will become a "legendary" asset that fundamentally changes how people think about money and financial freedom.
Title: Re: Is Bitcoin heading to Valhalla
Post by: robelneo on November 09, 2024, 09:50:33 AM


Since what has happened is that Trump won, so enjoy the price increase, I'm sure many of us are starting to feel confident about the future of cryptocurrency now.

The market reflects that confidence, and it will grows even further on every action of Trump positively on Bitcoin and cryptocurrency as a whole; it's positive feedback for Trump supporting the adoption of Bitcoin.
Now we will wait to see the timeline if Trump will fulfill his promises. Its so surprising Trump could eventually become a prominent figure in cryptocurrency history, and everything depends on his action.
Title: Re: Is Bitcoin heading to Valhalla
Post by: Fivestar4everMVP on November 09, 2024, 11:59:05 AM


Since what has happened is that Trump won, so enjoy the price increase, I'm sure many of us are starting to feel confident about the future of cryptocurrency now.

The market reflects that confidence, and it will grows even further on every action of Trump positively on Bitcoin and cryptocurrency as a whole; it's positive feedback for Trump supporting the adoption of Bitcoin.
Now we will wait to see the timeline if Trump will fulfill his promises. Its so surprising Trump could eventually become a prominent figure in cryptocurrency history, and everything depends on his action.
Yeah, more like; the bitcoin and crypto currency community have done their part which is ensuring that Trump won the election, now it's time for Trump to play his own part by keeping his campaign promises.

Bitcoin went above $77k yesterday before returning back to $76k where it is currently, this recent pump have managed to hold up real nice and above my expections,, at a time, I wonder3d if bitcoin was turning to a stable coin 😁
This shows that the confidence in the market currently is very high, alot of people actually believe that bitcoin will rise, so no one is selling to bring down the price again - I am actually believing that there will be a supply shock soon, which will cause the price of bitcoin to jump to $100k and above in a single day.
Title: Re: Is Bitcoin heading to Valhalla
Post by: Stompix on November 09, 2024, 01:53:54 PM
Is Bitcoin heading to Valhalla

So who's going to kill it?
Cause you need to die a proven warrior in battle to enter Valhalla, and please for the name of god don't turn Trump into Freyja! Or Odin!  ;D

Valhalla?
What on earth is that?

That's the thing, it's not on Earth and Hollywood has made it look like heaven when it's nothing like it in actual Norse mythology, in Vikings sagas is basically daily MMA and booze only to get your chance to get slaughtered again in an apocalypse fighting for "glory".
Title: Re: Is Bitcoin heading to Valhalla
Post by: Stuart on November 09, 2024, 01:57:40 PM
It's an exciting time for all the holders of bitcoin, and may holders of some certain Altcoins as well.

Bitcoin in the past 2 or 3 days have been on a steady rise with minor pullbacks from time to time, and like it's a joke, the price is already above $72,000 which is less than a thousand dollars away from its previous all time high of around $73,700.

Being a hodler, I am happy to see this sight, I mean, who doesnt love green candle?

But I have a serious question to ask..
- what do you think is driving the price of bitcoin up? Any news or update acting as catalyst?
- Will the price of bitcoin fall back again if for whatever reason, Trump loses the coming US presidential election?

I am just so curious to know your thoughts...

It is a fun to see thing when the market is filled with green candles, be it a trader, holder, hunter or investors.
When it comes to trading business online, forex or crypto, every news relating to finance or some sort has a strong effect on the market price movement. It could be positive to give green candles in the charts, or red candles.

Donald Trump, who is a big supporter of cryptocurrencies and Elon Musk who are both in same line as crypto supporters, they both have greate influence in the market price direction. Now that Donald Trump has won the election, the room for more investors and high demand from new crypto lovers will make the cryptoverse more populated and demanding.

The market from time to time always go through price correction, which all crypto users are aware of these days. 
Title: Re: Is Bitcoin heading to Valhalla
Post by: satpol_PP on November 09, 2024, 08:27:14 PM


Since what has happened is that Trump won, so enjoy the price increase, I'm sure many of us are starting to feel confident about the future of cryptocurrency now.

The market reflects that confidence, and it will grows even further on every action of Trump positively on Bitcoin and cryptocurrency as a whole; it's positive feedback for Trump supporting the adoption of Bitcoin.
Now we will wait to see the timeline if Trump will fulfill his promises. Its so surprising Trump could eventually become a prominent figure in cryptocurrency history, and everything depends on his action.
After elon musk who supported doge in the past, now we see Trump who also supports bitcoin. We are waiting for what trump will do next year after being in the white house. because trump has a promise to make the US a bitcoin center, will many US companies adopt and own bitcoin next year? If that happens of course the price of bitcoin could reach $ 150K, this price is still reasonable if the demand is high enough.
Title: Re: Is Bitcoin heading to Valhalla
Post by: Gurujebs on November 09, 2024, 08:43:03 PM
The market reflects that confidence, and it will grows even further on every action of Trump positively on Bitcoin and cryptocurrency as a whole; it's positive feedback for Trump supporting the adoption of Bitcoin.
Now we will wait to see the timeline if Trump will fulfill his promises. Its so surprising Trump could eventually become a prominent figure in cryptocurrency history, and everything depends on his action.

There has been a lot of announcements in his government even as he is yet to enter into the office, Trump is more of an action man that want to keep to his word, I have seen like 4 different new policies of his government but I'm not sure if Bitcoin or crypto is going to follow suit soon until he is inaugurated as the president and he start his days in office.

My only concern right now, how he is going to do pertaining to the regulations of crypto. I saw some report how he plan to fight the drug cartel and the government has been fighting against money laundering through crypto. I just hope he doesn't change his mind later because of other factors.
Title: Re: Is Bitcoin heading to Valhalla
Post by: robelneo on November 09, 2024, 08:54:49 PM

My only concern right now, how he is going to do pertaining to the regulations of crypto. I saw some report how he plan to fight the drug cartel and the government has been fighting against money laundering through crypto. I just hope he doesn't change his mind later because of other factors.

This is something worth waiting for. What will be his policy? regarding money laundering through Cryptocurrency, I don't know if his advisers already did a study and have a plan of Cryptocurrency before Trump assumed in the office or they will just create one once they are in the office, there may b econflict on some of his promises but let's see how they are going to resolve this.
Title: Re: Is Bitcoin heading to Valhalla
Post by: Jating on November 09, 2024, 09:54:47 PM

My only concern right now, how he is going to do pertaining to the regulations of crypto. I saw some report how he plan to fight the drug cartel and the government has been fighting against money laundering through crypto. I just hope he doesn't change his mind later because of other factors.

This is something worth waiting for. What will be his policy? regarding money laundering through Cryptocurrency, I don't know if his advisers already did a study and have a plan of Cryptocurrency before Trump assumed in the office or they will just create one once they are in the office, there may b econflict on some of his promises but let's see how they are going to resolve this.

I'm not sure though if crypto is being used by drug cartels as way to launder or wash their dirty money. I mean it could be very complicated for them right? I will assume that they are still using the old and traditional fiat system to launder their money. And it's not that easy to hide your wealth in crypto, they can easily track it. But I will also like to see his crypto friendly policy as he said during his campaign that he will foster Bitcoin and crypto in the US. I think he might be looking to have someone who really knows about crypto to be put as SEC chair unlike Gary Gensler who goes at every project and then file charges against crypto project.
Title: Re: Is Bitcoin heading to Valhalla
Post by: satpol_PP on November 12, 2024, 11:40:47 PM

My only concern right now, how he is going to do pertaining to the regulations of crypto. I saw some report how he plan to fight the drug cartel and the government has been fighting against money laundering through crypto. I just hope he doesn't change his mind later because of other factors.

This is something worth waiting for. What will be his policy? regarding money laundering through Cryptocurrency, I don't know if his advisers already did a study and have a plan of Cryptocurrency before Trump assumed in the office or they will just create one once they are in the office, there may b econflict on some of his promises but let's see how they are going to resolve this.

I'm not sure though if crypto is being used by drug cartels as way to launder or wash their dirty money. I mean it could be very complicated for them right? I will assume that they are still using the old and traditional fiat system to launder their money. And it's not that easy to hide your wealth in crypto, they can easily track it. But I will also like to see his crypto friendly policy as he said during his campaign that he will foster Bitcoin and crypto in the US. I think he might be looking to have someone who really knows about crypto to be put as SEC chair unlike Gary Gensler who goes at every project and then file charges against crypto project.
So far I have not read any crypto news for money laundering or drug transactions, maybe because I am indifferent and do not care about it. Because I am more focused on my trading and investment in crypto.
The SEC should be held by a more appropriate person, not just always assuming a crypto project is wrong.
and maybe Gary Gensler is not the right person to lead the SEC
Title: Re: Is Bitcoin heading to Valhalla
Post by: sampoerna on November 12, 2024, 11:58:58 PM
I'm not sure though if crypto is being used by drug cartels as way to launder or wash their dirty money. I mean it could be very complicated for them right? I will assume that they are still using the old and traditional fiat system to launder their money. And it's not that easy to hide your wealth in crypto, they can easily track it. But I will also like to see his crypto friendly policy as he said during his campaign that he will foster Bitcoin and crypto in the US. I think he might be looking to have someone who really knows about crypto to be put as SEC chair unlike Gary Gensler who goes at every project and then file charges against crypto project.
It is not impossible that this issue is true, it's just that it will always be there, not only in crypto, because activities in the black market or various activities outside the control of the government will always exist. However, that does not mean that the crypto is wrong, only its users are wrong. That's why it is always blown up in several countries related to the issue, this is what makes it difficult for crypto to develop rapidly. However, for now, it seems that it has begun to be avoided because society is increasingly aware of the various positive and negative sides of something.
Title: Re: Is Bitcoin heading to Valhalla
Post by: Bobcrypto on November 13, 2024, 08:12:41 AM
I don't know where Valhalla is located but I think that Bitcoin should be heading to the moon, and may be the moon should be best in my opinion.
I expected this outcomes based on Donald Trump victory at the election and a huge support from Elon Musk. These guys are the biggest supporters of the crypto community right now. Elon Musk is the chief promoter of Dogecoin, and many other meme coins are pumping had too, condos to their efforts. I think that this is just the begining of good things to come, we may experience the biggest pump ever come 2025 after Donald Trump enter the White House.
Title: Re: Is Bitcoin heading to Valhalla
Post by: Hisbullah on November 14, 2024, 09:54:13 AM
I don't know where Valhalla is located but I think that Bitcoin should be heading to the moon, and may be the moon should be best in my opinion.
I expected this outcomes based on Donald Trump victory at the election and a huge support from Elon Musk. These guys are the biggest supporters of the crypto community right now. Elon Musk is the chief promoter of Dogecoin, and many other meme coins are pumping had too, condos to their efforts. I think that this is just the begining of good things to come, we may experience the biggest pump ever come 2025 after Donald Trump enter the White House.
Bitcoin has shown good progress this month due to Trump's victory, until the price of bitcoin reached a new ATH at $ 93K.
The two figures Trump and Elon Musk support bitcoin, which makes bitcoin more popular and its price increases, but the latter is currently because of Trump. Elon used to support doge and its price soared.
Title: Re: Is Bitcoin heading to Valhalla
Post by: Stompix on November 14, 2024, 04:48:34 PM
I don't know where Valhalla is located

It's a fictional place
https://en.wikipedia.org/wiki/Valhalla
And contrary to popular beliefs sprung from movies and anime it's definitely not heaven on earth, also not going into specific but the whole thing is about to Valhalla rather than normal Till Valhalla is another butchering of folklore by the tiktok generation.

I'm not sure though if crypto is being used by drug cartels as way to launder or wash their dirty money. I mean it could be very complicated for them right? I will assume that they are still using the old and traditional fiat system to launder their money.

They use it, it's old news but for years cartels both in South America and Europe have used ATMs to launder money and move it around, pretty convenient since they owned the ATMs themselves.
Title: Re: Is Bitcoin heading to Valhalla
Post by: satpol_PP on November 15, 2024, 03:55:48 AM
I'm not sure though if crypto is being used by drug cartels as way to launder or wash their dirty money. I mean it could be very complicated for them right? I will assume that they are still using the old and traditional fiat system to launder their money. And it's not that easy to hide your wealth in crypto, they can easily track it. But I will also like to see his crypto friendly policy as he said during his campaign that he will foster Bitcoin and crypto in the US. I think he might be looking to have someone who really knows about crypto to be put as SEC chair unlike Gary Gensler who goes at every project and then file charges against crypto project.
It is not impossible that this issue is true, it's just that it will always be there, not only in crypto, because activities in the black market or various activities outside the control of the government will always exist. However, that does not mean that the crypto is wrong, only its users are wrong. That's why it is always blown up in several countries related to the issue, this is what makes it difficult for crypto to develop rapidly. However, for now, it seems that it has begun to be avoided because society is increasingly aware of the various positive and negative sides of something.
Actually, the fear of crypto misuse is because they do not understand and do not have knowledge about crypto technology. In fact, illegal activities are not only in crypto, there are also FIAT money. Maybe because of the decentralization of this system that makes them afraid that crypto will be misused.
Title: Re: Is Bitcoin heading to Valhalla
Post by: taufik123 on November 15, 2024, 01:02:09 PM
Actually, the fear of crypto misuse is because they do not understand and do not have knowledge about crypto technology. In fact, illegal activities are not only in crypto, there are also FIAT money. Maybe because of the decentralization of this system that makes them afraid that crypto will be misused.
Crypto is only used as a tool for illegal activities and basically crypto technology is decentralized and no one can extract it,
especially on Blockchain, transactions that will be permanently recorded and no one can delete them.

Don't blame the underlying technology, but of course see what projects are being developed.

Now when Bitcoin reaches a new ATH, many say that Bitcoin is a replacement for Fiat and such,
whereas previously many were skeptical of Bitcoin and only considered Bitcoin a scam and would end up with ZERO.