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Author Topic: Future of Bitcoin  (Read 62449 times)

Offline babo

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Re: Future of Bitcoin
« Reply #345 on: June 05, 2024, 12:16:46 PM »
remember guys, if you use Dollar Cost Average need sometime to consolidate UTXO
is important

for example now



is a very good moment for consolidate it, the fee is very low

if you don't do it now when the fees are low and in the future you want to spend them, you will pay a lot of fees which I remember are in satoshi per vbyte and does not depend on how many bitcoins you move
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Re: Future of Bitcoin
« Reply #345 on: June 05, 2024, 12:16:46 PM »

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Re: Future of Bitcoin
« Reply #346 on: June 06, 2024, 10:13:04 AM »
An anonymous Bitcoin miner from Satoshi Nakamoto's time has revealed that he owns 5,000 BTC that he mined back in 2010. Moreover, the cryptan even signed a transaction from an ancient wallet with 500 BTC - all so that he would not be considered a blabbermouth liar. Also, the unknown hodler shared that he used to have more than 10,000 BTC - he sells some coins during every All-time high (ATH).

Link to the news: https://www.reddit.com/r/Bitcoin/comments/1ckqwes/comment/l38s04m

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Re: Future of Bitcoin
« Reply #346 on: June 06, 2024, 10:13:04 AM »

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Re: Future of Bitcoin
« Reply #347 on: June 06, 2024, 10:42:51 AM »
An anonymous Bitcoin miner from Satoshi Nakamoto's time has revealed that he owns 5,000 BTC that he mined back in 2010. Moreover, the cryptan even signed a transaction from an ancient wallet with 500 BTC - all so that he would not be considered a blabbermouth liar. Also, the unknown hodler shared that he used to have more than 10,000 BTC - he sells some coins during every All-time high (ATH).

That's actually incredible. Props to him.

I understand him going anonymous though. Lots of bad actors would love to have all that BTC. Even the exchanges would be suspicious about the BTC if he had tried to cash it out all at once.

Later in the comments he does mention that he moves BTC around in a lot of addresses to break them into smaller pieces whenever he wants to cash out.
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Offline alltalk

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Re: Future of Bitcoin
« Reply #348 on: June 07, 2024, 11:07:08 PM »
Sometimes I also wonder that many friends have invested in bitcoin for a long time but panicked when bitcoin experienced a price decline yesterday, why did they forget that the bullish top has not yet come and bitcoin has not yet touched Top ATH, even though some people predict this will happen at the end of this year.
Long time? How many years they are holding the Bitcoin?
If your friends already hold their Bitcoin for more than 5 years, it is strange if they panicked with the current dump. They already experienced the same cycle in the past, they must already understand how the movement of Bitcoin price. They must know it needs time to reach the peak of Bitcoin price after the halving. In the past, it needs 1 year to see the peak.

Yes, bitcoin will reach ATH after the halving, that's what usually happens in a 4-year cycle. Holding bitcoin for the long term is the right decision, although currently bitcoin has not reached our desired target of $100K, but it will probably happen early next year,
Bitcoin has reached the ATH in the current cycle. The new ATH has been reached before the halving. But for the peak, I agree it probably happens after the halving. Most of us predicted it may be in the end of this year, but it is likely to happen in the next year. $80k-$90k seems possible at the end of this year, $100k is likely to happen in the next year. DWYOR

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Re: Future of Bitcoin
« Reply #349 on: June 08, 2024, 12:09:50 AM »
Bitcoin price movements will indeed increase when demand is higher, this is all due to the influence of the supply of bitcoin which is running out and becoming more difficult to obtain so that will make the price of bitcoin increase. What we need to do is keep buying bitcoins and after that you can keep them for quite a long time and enjoy the profits that will be obtained from holding bitcoin.

Demand for Bitcoin is always higher but the price sometimes decreases due to the performance of whales and negative news that are spreading all around. The price of Bitcoin is now going to pump because in past weeks the price was 62k$ but now we can see that the price of Bitcoin is 66k$ so this is good news that situations are getting better.

Hmm, well I know your post is quite old, but in my view, whales mostly don't intervene enjoy the show, mostly the selling pressure originates from the weak hands or the profit bookers. People who believe in Bitcoin mostly focus on the accumulation process whether it's DCA or a hybrid strategy such as buying the dips. Still, at the same time, some newbies intervene with the emotional decisions and such decisions on a large scale due to some development or short-term speculation case the sudden fall in the market valuation.
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Offline lepbagong

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Re: Future of Bitcoin
« Reply #350 on: June 08, 2024, 08:33:57 AM »
Yes, bitcoin will reach ATH after the halving, that's what usually happens in a 4-year cycle. Holding bitcoin for the long term is the right decision, although currently bitcoin has not reached our desired target of $100K, but it will probably happen early next year,
Bitcoin has reached the ATH in the current cycle. The new ATH has been reached before the halving. But for the peak, I agree it probably happens after the halving. Most of us predicted it may be in the end of this year, but it is likely to happen in the next year. $80k-$90k seems possible at the end of this year, $100k is likely to happen in the next year. DWYOR
The ATH that occurred yesterday before the halving is certainly not the last, because if you look at the 4-year cycle, it will fall in 2025, so a new ATH will occur again.
Agree, that the end of this year is a determination of how big will be formed in 2025, if only it can reach between $80K-100K, then there will be a very significant increase, so we are always waiting for that development because this increase also has an impact on all potential altcoins.
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Online Metha Wulandarin

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Re: Future of Bitcoin
« Reply #351 on: June 08, 2024, 02:58:41 PM »
Yes, I think the future of Bitcoin is bright and the future of people who invest in Bitcoin is also bright.
Hopefully Bitcoin will continue to be successful in the future
I think Bitcoin is definitely a strong and reliable coin. As far as I know Bitcoin is one of the most reliable and profitable coins for investment. It is true that the price of Bitcoin will go up, it will also go down. But it will not be such a recession that the price of Bitcoin will completely collapse, and we all know that the journey of Bitcoin started from 2009 and now in 2024, Bitcoin is one of the most popular coins in the world among crypto currencies.
I think those who are interested in Bitcoin are only people who have known Bitcoin for a long time but new people are also interested.
It seems like you know a lot about Bitcoin, if I may know, what makes you interested in Bitcoin besides its popularity and its price which continues to increase every year, of course everyone has a different point of view on Bitcoin.

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Re: Future of Bitcoin
« Reply #351 on: June 08, 2024, 02:58:41 PM »


Offline Jamal Aezaz

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Re: Future of Bitcoin
« Reply #352 on: June 08, 2024, 08:14:50 PM »
I think those who are interested in Bitcoin are only people who have known Bitcoin for a long time but new people are also interested.
It seems like you know a lot about Bitcoin, if I may know, what makes you interested in Bitcoin besides its popularity and its price which continues to increase every year, of course everyone has a different point of view on Bitcoin.

Bitcoin is one of the most acceptable sources of investment and many people are choosing Bitcoin because of its security and sure profit. Bitcoin has proved its success for years and its success is not decreasing with the time but becoming more stronger as more people are getting involved in its investment.

The main reason behind the interest of the people in Bitcoin Investment is that they want to enhance the value of their value and they are trying to create a way of getting pension in the form of Bitcoin investment when they will become unable in future to do a job.
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Offline LUCKMCFLY

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Re: Future of Bitcoin
« Reply #353 on: June 09, 2024, 11:06:14 PM »
Yes, I think the future of Bitcoin is bright and the future of people who invest in Bitcoin is also bright.
Hopefully Bitcoin will continue to be successful in the future
I think Bitcoin is definitely a strong and reliable coin. As far as I know Bitcoin is one of the most reliable and profitable coins for investment. It is true that the price of Bitcoin will go up, it will also go down. But it will not be such a recession that the price of Bitcoin will completely collapse, and we all know that the journey of Bitcoin started from 2009 and now in 2024, Bitcoin is one of the most popular coins in the world among crypto currencies.

The secret is to buy bitcoin little by little, it is true that now it has a high price and we can have many ways to buy through many methods , either with the DCA method or however the person wants to do it, always personally. I have said something, if we are heading towards something that has to do with the good in life, bitoin is the solution, if we have these moments we start buying bitcoin and if we continue doing it more and more, even if it is little by little Well, we will generate good profits in the future, we do not know what price it will reach in 10 more years, and if we see it from a closer point of view it is good or it is coming.
The DCA method is the most effective way to buy bitcoin, if we don't have large capital. By buying gradually, if we do it from a bearish season, it will take 2 to 3 years. During the bullish season we already have a large amount of Bitcoin in our wallet. Maybe many members have already done it, and it is very helpful
I'm honest, I didn't know much about this system, I thought it was a short or medium term trading method, but after seeing so much and hearing about it, I told myself that it is very good, it is effective, the truth is that the price of bitcoin doesn't matter as long as it is bought progressively, I know that this is very good, the truth is that if some people in the world apply it they would have bitcoin for a while, and over time they could reach a good large amount of satoshis, and that is very good, it is like grain by grain of sand things are done well, it's great, I will apply it, the good thing is that this method is long term, or well, very long term.
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Offline NikeFit_7777

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Re: Future of Bitcoin
« Reply #354 on: June 10, 2024, 11:51:59 AM »
In the first quarter, 937 professional market participants invested in spot bitcoin-ETFs, noted K33 Research analyst Vetle Lunde.  For comparison, the corresponding figure of "gold" funds is 31.

P.S. I think everyone understands what a bright future bitcoin has and what potential there is for the next years. The main thing is not to invest the last money and not to be manipulated.  8)

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Online Metha Wulandarin

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Re: Future of Bitcoin
« Reply #355 on: June 10, 2024, 12:08:48 PM »
I think those who are interested in Bitcoin are only people who have known Bitcoin for a long time but new people are also interested.
It seems like you know a lot about Bitcoin, if I may know, what makes you interested in Bitcoin besides its popularity and its price which continues to increase every year, of course everyone has a different point of view on Bitcoin.

Bitcoin is one of the most acceptable sources of investment and many people are choosing Bitcoin because of its security and sure profit. Bitcoin has proved its success for years and its success is not decreasing with the time but becoming more stronger as more people are getting involved in its investment.

The main reason behind the interest of the people in Bitcoin Investment is that they want to enhance the value of their value and they are trying to create a way of getting pension in the form of Bitcoin investment when they will become unable in future to do a job.
Pretty good explanation
If I may know, how do you know that most people who invest in Bitcoin are only pension funds?
There may be some but not all, there may also be those who aim to save for the future or perhaps to pass on to their children, or just to make a profit.
There are so many reasons and goals for investing in Bitcoin but the definite reason in my opinion is because everyone already knows that Bitcoin always increases in price every year.

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Re: Future of Bitcoin
« Reply #356 on: June 10, 2024, 11:25:56 PM »
I think those who are interested in Bitcoin are only people who have known Bitcoin for a long time but new people are also interested.
It seems like you know a lot about Bitcoin, if I may know, what makes you interested in Bitcoin besides its popularity and its price which continues to increase every year, of course everyone has a different point of view on Bitcoin.

Bitcoin is one of the most acceptable sources of investment and many people are choosing Bitcoin because of its security and sure profit. Bitcoin has proved its success for years and its success is not decreasing with the time but becoming more stronger as more people are getting involved in its investment.

The main reason behind the interest of the people in Bitcoin Investment is that they want to enhance the value of their value and they are trying to create a way of getting pension in the form of Bitcoin investment when they will become unable in future to do a job.
Pretty good explanation
If I may know, how do you know that most people who invest in Bitcoin are only pension funds?
There may be some but not all, there may also be those who aim to save for the future or perhaps to pass on to their children, or just to make a profit.
There are so many reasons and goals for investing in Bitcoin but the definite reason in my opinion is because everyone already knows that Bitcoin always increases in price every year.
I just found out about this, if someone uses their pension funds to invest in bitcoin. This is a good step, because these funds are not disturbed for your needs, so you can hold bitcoin for the long term. I invested in bitcoin and crypto from the money I got from bounties and airdrops.

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Re: Future of Bitcoin
« Reply #357 on: June 11, 2024, 03:00:34 PM »
I think those who are interested in Bitcoin are only people who have known Bitcoin for a long time but new people are also interested.
It seems like you know a lot about Bitcoin, if I may know, what makes you interested in Bitcoin besides its popularity and its price which continues to increase every year, of course everyone has a different point of view on Bitcoin.

Bitcoin is one of the most acceptable sources of investment and many people are choosing Bitcoin because of its security and sure profit. Bitcoin has proved its success for years and its success is not decreasing with the time but becoming more stronger as more people are getting involved in its investment.

The main reason behind the interest of the people in Bitcoin Investment is that they want to enhance the value of their value and they are trying to create a way of getting pension in the form of Bitcoin investment when they will become unable in future to do a job.
Pretty good explanation
If I may know, how do you know that most people who invest in Bitcoin are only pension funds?
There may be some but not all, there may also be those who aim to save for the future or perhaps to pass on to their children, or just to make a profit.
There are so many reasons and goals for investing in Bitcoin but the definite reason in my opinion is because everyone already knows that Bitcoin always increases in price every year.
I just found out about this, if someone uses their pension funds to invest in bitcoin. This is a good step, because these funds are not disturbed for your needs, so you can hold bitcoin for the long term. I invested in bitcoin and crypto from the money I got from bounties and airdrops.
Your decision to invest in Bitcoin is the right step. When you save everything in Bitcoin, you just need to sit quietly and watch the Bitcoin price movement which will always rise. Now it's your turn to work for you. As long as we still have the energy to do that, we can do our best so that the results we get are in accordance with what we have done.

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Re: Future of Bitcoin
« Reply #358 on: June 11, 2024, 11:22:11 PM »

Your decision to invest in Bitcoin is the right step. When you save everything in Bitcoin, you just need to sit quietly and watch the Bitcoin price movement which will always rise. Now it's your turn to work for you. As long as we still have the energy to do that, we can do our best so that the results we get are in accordance with what we have done.
Yes, as I always say, bitcoin is a safe coin, if we buy it during the bearish season. If we don't have a lot of funds, we can use the DCA method, because we can buy in stages. After buying and planning to hold for the long term, we only see the movement in the market, but there is no need to panic when the market experiences a dump, because that is normal. We can do daily trading while waiting for the bullish season,

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Re: Future of Bitcoin
« Reply #359 on: June 12, 2024, 07:11:18 AM »
An anonymous Bitcoin miner from Satoshi Nakamoto's time has revealed that he owns 5,000 BTC that he mined back in 2010. Moreover, the cryptan even signed a transaction from an ancient wallet with 500 BTC - all so that he would not be considered a blabbermouth liar. Also, the unknown hodler shared that he used to have more than 10,000 BTC - he sells some coins during every All-time high (ATH).

Link to the news: https://www.reddit.com/r/Bitcoin/comments/1ckqwes/comment/l38s04m

wondering where is this anonymous miner now and what or how much bitcoins still sits in His hands now?
because if still has that amount then he might be one of the biggest whales we have in the market today.
In the first quarter, 937 professional market participants invested in spot bitcoin-ETFs, noted K33 Research analyst Vetle Lunde.  For comparison, the corresponding figure of "gold" funds is 31.

P.S. I think everyone understands what a bright future bitcoin has and what potential there is for the next years. The main thing is not to invest the last money and not to be manipulated.  8)

waiting for that next year now because there is a lot of decisioning to come from holders .

 

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