Future of Bitcoin

[babo]

Everyone will have such thoughts because they already know that Bitcoin always increases in price every year, maybe this is also the reason you made such a statement.
If the problem of Bitcoin's potential everyone already knows but what many people want to know now is when the Altcoin season starts and when the bearish season will occur that is the discussion in all communities.

yes but the price is only one of the aspects of bitcoin
with bitcoin you can
- have safe and fast transactions
- avoid double spending
- uncensorable, no one can tell you, I won't open an account for you because I don't like you
- unblockable, no one, as it was for Assange, can block your account

this goes far beyond the simple "price" I don't know if I'm explaining myself

[NikeFit_7777]

The pace of bitcoin purchases by exchange-traded funds in the US is eight times higher than the mining of new coins by miners. Last week, spot bitcoin-ETFs bought 25,729 BTC (~$1.8 billion at the average exchange rate) - only 3,150 BTC were mined during the same period. Their combined balance exceeded $61 billion. Analyst Nate Geraci noted that in five months, bitcoin-ETFs in the US have accumulated 60% of the AUM of gold investment products ($105 billion) that have been around for over 20 years.

[alltalk]

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.

You are absolutely correct. If we consider the 4 year cycle, the ATH should be in the last year of bullish season. 2025 is the last year of bullish season, it is the same as in 2021 of previous cycle. If there is no change in the cycle pattern, $73k should be not the peak of Bitcoin price. I just hope the price change will be as significant as in 2021. If it happens, the peak probably will be above $100k.

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.

Indeed. If the price can increase above $80k, people will be more optimistic with Bitcoin future and we may experience another hype. This will trigger the massive increase in demand of Bitcoin. Then, the price can skyrocket in 2025. But if it even drops much at the end of this year, I'm a bit worried about Bitcoin price in 2025. I don't expect that we will never see the Bitcoin price around $100k in this cycle.

[Metha Wulandarin]

Everyone will have such thoughts because they already know that Bitcoin always increases in price every year, maybe this is also the reason you made such a statement.
If the problem of Bitcoin's potential everyone already knows but what many people want to know now is when the Altcoin season starts and when the bearish season will occur that is the discussion in all communities.

yes but the price is only one of the aspects of bitcoin
with bitcoin you can
- have safe and fast transactions
- avoid double spending
- uncensorable, no one can tell you, I won't open an account for you because I don't like you
- unblockable, no one, as it was for Assange, can block your account

this goes far beyond the simple "price" I don't know if I'm explaining myself

I apologize in advance because I don't understand what you are saying. What do you mean by the advantages of Bitcoin in terms of price or the disadvantages of Bitcoin?

[dwyane36]

The pace of bitcoin purchases by exchange-traded funds in the US is eight times higher than the mining of new coins by miners. Last week, spot bitcoin-ETFs bought 25,729 BTC (~$1.8 billion at the average exchange rate) - only 3,150 BTC were mined during the same period. Their combined balance exceeded $61 billion. Analyst Nate Geraci noted that in five months, bitcoin-ETFs in the US have accumulated 60% of the AUM of gold investment products ($105 billion) that have been around for over 20 years.

I think this is not quite correct data and, therefore, the comparison because, as far as I understand it, it doesn't include the fee that miners earn in addition to the main reward for each block mined. Moreover, it doesn't mention that there was an outflow of assets from spot bitcoin-ETFs over the last two weeks, totaling more than $1,3 billion.

[babo]

The pace of bitcoin purchases by exchange-traded funds in the US is eight times higher than the mining of new coins by miners. Last week, spot bitcoin-ETFs bought 25,729 BTC (~$1.8 billion at the average exchange rate) - only 3,150 BTC were mined during the same period. Their combined balance exceeded $61 billion. Analyst Nate Geraci noted that in five months, bitcoin-ETFs in the US have accumulated 60% of the AUM of gold investment products ($105 billion) that have been around for over 20 years.

~~~~

I can say that it was obvious that it would happen, I expected it. Since they are not new bitcoins they have to be taken from the market, so some weak hand gives them away, for a few pennies. It will be important to hold on to what little you have in a strong way, since I predict that we are only at the beginning of the real ATH. We will see some great things.

[MUGNIA]

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.

This is the right decision, starting to invest from the results of bounties and airdrops is very good and highly recommended why, because the money generated from bounties and airdrops is free with only labor and thought, the positive value is that we are not too burdened by thoughts that should be used to think about investing, we can use our free time to think about other things and can do other jobs from airdrops or bounties or real life jobs.

Shouldn't this happen to teams who only have limited money, want to invest but don't spend capital, by looking for/working in the crypto world, such as bounties, airdrops, even becoming crypto speakers?

[Ricardo11]

Bitcoin certainly has a bright future. Bitcoin is always a currency with high potential. It will definitely skyrocket in the future. We have to keep trusting and holding Bitcoin. And after a few month, we expect a big bull run, in which Bitcoin is expected to cross around 120K.

However, the future of Bitcoin is bright. Those who believe in Bitcoin right now and start holding it now will get great returns in the future.

[Metha Wulandarin]

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.

This is the right decision, starting to invest from the results of bounties and airdrops is very good and highly recommended why, because the money generated from bounties and airdrops is free with only labor and thought, the positive value is that we are not too burdened by thoughts that should be used to think about investing, we can use our free time to think about other things and can do other jobs from airdrops or bounties or real life jobs.

Shouldn't this happen to teams who only have limited money, want to invest but don't spend capital, by looking for/working in the crypto world, such as bounties, airdrops, even becoming crypto speakers?

Yes, that's right, because in my opinion, no one here has financial conditions like Justin Sun. If you're like Justin Sun, you don't need to wait for an airdrop or bounty to invest, just take the transaction fees on the HTX market, that's enough, but Justin is still playing Airdrop to this day.  although now he is receiving criticism from many people because of his uncertainty in making a decision in the zkSync case a few days ago

[Jamal Aezaz]

Bitcoin certainly has a bright future. Bitcoin is always a currency with high potential. It will definitely skyrocket in the future. We have to keep trusting and holding Bitcoin. And after a few month, we expect a big bull run, in which Bitcoin is expected to cross around 120K.

However, the future of Bitcoin is bright. Those who believe in Bitcoin right now and start holding it now will get great returns in the future.

Yes one should have no doubt about the fruitful future of Bitcoin as we have evidence that Bitcoin always performs well in future as compared to the past and there is continuous growth in the worth of Bitcoin due to increasing demand for it.

There is a greater chance that during the current bull season we will see 100k$ but the whales are changing the condition of higher and lower worth by changing their buying and selling ideas based on market condition.

Only those individuals will be successful who trust completely on the success of Bitcoin and no matter what type of situation happens and what types of news arises but they should not change their mind and target for which they are waiting for years.

[dekafee79]

Bitcoin certainly has a bright future. Bitcoin is always a currency with high potential. It will definitely skyrocket in the future. We have to keep trusting and holding Bitcoin. And after a few month, we expect a big bull run, in which Bitcoin is expected to cross around 120K.

However, the future of Bitcoin is bright. Those who believe in Bitcoin right now and start holding it now will get great returns in the future.

Yes one should have no doubt about the fruitful future of Bitcoin as we have evidence that Bitcoin always performs well in future as compared to the past and there is continuous growth in the worth of Bitcoin due to increasing demand for it.

There is a greater chance that during the current bull season we will see 100k$ but the whales are changing the condition of higher and lower worth by changing their buying and selling ideas based on market condition.

Only those individuals will be successful who trust completely on the success of Bitcoin and no matter what type of situation happens and what types of news arises but they should not change their mind and target for which they are waiting for years.

In investing we must have a target and do not care about what people can get, if there is panic we will lose money. Bitcoin is the most potential and safe coin. Buy when bearish and hold for the long run, maybe now we can hold it until the beginning of next year. According to my prediction the price of Bitcoin will reach $ 100K later this year, that's my target to sell my bitcoin.

[Metha Wulandarin]

Bitcoin certainly has a bright future. Bitcoin is always a currency with high potential. It will definitely skyrocket in the future. We have to keep trusting and holding Bitcoin. And after a few month, we expect a big bull run, in which Bitcoin is expected to cross around 120K.

However, the future of Bitcoin is bright. Those who believe in Bitcoin right now and start holding it now will get great returns in the future.

Opinions like this are okay but you also have to think about the risks, don't just look at the market history of Bitcoin but also have to think about the bad things that might happen in the future.
$120k is a pretty high number for Bitcoin to reach that price requires double the current price now Bitcoin is at $60k and it will certainly take a very long time for Bitcoin to be at a price of $120k don't expect two or three years it will definitely be more than five years

[armanda90]

Opinions like this are okay but you also have to think about the risks, don't just look at the market history of Bitcoin but also have to think about the bad things that might happen in the future.
$120k is a pretty high number for Bitcoin to reach that price requires double the current price now Bitcoin is at $60k and it will certainly take a very long time for Bitcoin to be at a price of $120k don't expect two or three years it will definitely be more than five years

Not close bad opportunity for bitcoin in the future by decreasing to lower price behind many bad news around us every time, we must prepare bad speculation of bitcoin price after many people expecting with bitcoin will reach higher price one day later above $100k.
I think not close opportunity for bitcoin raising to higher price but in other side always has possibility for bitcoin decreasing to lower price such as last two years ago when bitcoin dropping under $16k.
Keep realistic with bitcoin price when earning profitable better take it and buy back later when bitcoin get correction, but always make investing not buying in once opportunity only.

[Pastaral]

I think Bitcoin is a great asset.Currently the market value of Bitcoin in 2024 is very good.There are many people who do not understand investing but are interested in it.But they know very well how profitable it is. They always panic because of some wrong information.  But they should know that Bitcoin is the best currency in the network.It is a strong currency, albeit slower than in the past.Bitcoin market is very good at present.So investors are investing.

[Makus]

Bitcoin certainly has a bright future. Bitcoin is always a currency with high potential. It will definitely skyrocket in the future. We have to keep trusting and holding Bitcoin. And after a few month, we expect a big bull run, in which Bitcoin is expected to cross around 120K.

However, the future of Bitcoin is bright. Those who believe in Bitcoin right now and start holding it now will get great returns in the future.

Opinions like this are okay but you also have to think about the risks, don't just look at the market history of Bitcoin but also have to think about the bad things that might happen in the future.
$120k is a pretty high number for Bitcoin to reach that price requires double the current price now Bitcoin is at $60k and it will certainly take a very long time for Bitcoin to be at a price of $120k don't expect two or three years it will definitely be more than five years

Indeed $120k is a very high price in comparison with what the current price of Bitcoin is, be we cannot also tell if this distance can be covered within a year or more. The price movement of Bitcoin has changed and unlike before, we now have more whales trying to manipulate the price of bitcoin than ever and this is actually causing the price of Bitcoin to delay or hasten up in pumps or dumps. With the way things are moving it's now a bit difficult to make a prediction that can be accurate. However since we are now aware of what's going on, we can now change our mindset towards the new development so we don't run at loss, especially for those who are traders.