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Author Topic: why do you think 100k is possible after halving  (Read 11071 times)

Offline UNIVERSE

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Re: why do you think 100k is possible after halving
« Reply #150 on: September 19, 2024, 10:29:20 PM »
I  just think maybe in the next year that 100k$ each bitcoin will happen, and this year maybe the value of bitcoin can only reach 80k-90k. But I'm not sure about that yet; it's just my opinion.
But I'm sure that Bitcoin will reach 100k$ per Bitcoin, but no one can say when it will happen. We know that the market is unpredictable.
To reach $100k should be in the next year, it seems impossible in this year. Bitcoin needs a more time to increase to $100k. At the end of this year, it is true that it seems to be around $80k. It is not bad that we will see Bitcoin $80k - $90k, it is nearing $100k at least. Honestly, I'm not really sure that we will reach $100k. Some people have predicted that Bitcoin may fail to reach $100k due to some reasons.


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Re: why do you think 100k is possible after halving
« Reply #150 on: September 19, 2024, 10:29:20 PM »

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Offline rizqillah

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Re: why do you think 100k is possible after halving
« Reply #151 on: September 19, 2024, 11:08:15 PM »
I  just think maybe in the next year that 100k$ each bitcoin will happen, and this year maybe the value of bitcoin can only reach 80k-90k. But I'm not sure about that yet; it's just my opinion.
But I'm sure that Bitcoin will reach 100k$ per Bitcoin, but no one can say when it will happen. We know that the market is unpredictable.
To reach $100k should be in the next year, it seems impossible in this year. Bitcoin needs a more time to increase to $100k. At the end of this year, it is true that it seems to be around $80k. It is not bad that we will see Bitcoin $80k - $90k, it is nearing $100k at least. Honestly, I'm not really sure that we will reach $100k. Some people have predicted that Bitcoin may fail to reach $100k due to some reasons.
If bitcoin fails to reach $100K, we should not despair because ATH $80-$90K is good because we have already made a profit even though it is not as big as if bitcoin would reach ATH $100K. In investing, we may hope and want to get high profits but must have the nature of accepting sincerely if our target is not achieved.

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Re: why do you think 100k is possible after halving
« Reply #151 on: September 19, 2024, 11:08:15 PM »

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Offline pieppiep

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Re: why do you think 100k is possible after halving
« Reply #152 on: September 20, 2024, 04:14:06 AM »
I  just think maybe in the next year that 100k$ each bitcoin will happen, and this year maybe the value of bitcoin can only reach 80k-90k. But I'm not sure about that yet; it's just my opinion.
But I'm sure that Bitcoin will reach 100k$ per Bitcoin, but no one can say when it will happen. We know that the market is unpredictable.
To reach $100k should be in the next year, it seems impossible in this year. Bitcoin needs a more time to increase to $100k. At the end of this year, it is true that it seems to be around $80k. It is not bad that we will see Bitcoin $80k - $90k, it is nearing $100k at least. Honestly, I'm not really sure that we will reach $100k. Some people have predicted that Bitcoin may fail to reach $100k due to some reasons.
If bitcoin fails to reach $100K, we should not despair because ATH $80-$90K is good because we have already made a profit even though it is not as big as if bitcoin would reach ATH $100K. In investing, we may hope and want to get high profits but must have the nature of accepting sincerely if our target is not achieved.
It is also necessary to develop a schedule for reviewing the investment plan. When our targets are not reached, this may be a good time to recall our strategy and analyze market trends more carefully. Uncertainty and volatility are the factors that operate in the markets and having a long-term view can be a reasonable approach to it. In this way, it is possible to expand the circle of participants and increase the frequency of successful outcomes even if it is not always possible.

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Re: why do you think 100k is possible after halving
« Reply #153 on: September 20, 2024, 05:17:22 AM »
I  just think maybe in the next year that 100k$ each bitcoin will happen, and this year maybe the value of bitcoin can only reach 80k-90k. But I'm not sure about that yet; it's just my opinion.
But I'm sure that Bitcoin will reach 100k$ per Bitcoin, but no one can say when it will happen. We know that the market is unpredictable.
To reach $100k should be in the next year, it seems impossible in this year. Bitcoin needs a more time to increase to $100k. At the end of this year, it is true that it seems to be around $80k. It is not bad that we will see Bitcoin $80k - $90k, it is nearing $100k at least. Honestly, I'm not really sure that we will reach $100k. Some people have predicted that Bitcoin may fail to reach $100k due to some reasons.
Bitcoin is very likely to reach 100K next year. But I think we can go to 80K at most this year, because it's not too late to end this year, and bitcoin is now at 63K so it would be foolish to expect us to 100K this year. But we will definitely see 100k. It may take some time to happen but it will definitely happen.
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Offline Wiseman

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Re: why do you think 100k is possible after halving
« Reply #154 on: September 20, 2024, 08:49:48 AM »
Like I said many people thought 100k is possible after halving making them to put more efforts to accumulate bitcoin without following the historical data from the previouses. If people where so clever they wouldn't think 100k is possible immediately after halving even though ATH was achieve before halving that was a reason of something unusual triggers it to likely take effect before halving.

100k - 200k - 10k)) This is all possible simply by the will of the market and not because of the halving, which has not worked as a market boost for several years, now the market is only growing because of the crowd's desire to buy bitcoin and large miners have stopped promoting bitcoin for their own benefit, because bitcoin mining is practically unprofitable and bitcoin, as before until 2018, no longer grows only upwards.
If bitcoin mining is no longer profitable then there would be no one mining bitcoin but yet there are country that just approved their bitcoin bitcoin mining, I think Russia there about but you can read here. So like you said if this where beneficial there wouldn't be a day where they would approved bitcoin mining.

I have read this news before and the legalization of mining has been approved and cancelled many times there, in this article that you sent me there is nothing unusual, everything is the same as before, they approved it today, banned it tomorrow, when mining was very profitable they approved and banned mining several times a year.

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Re: why do you think 100k is possible after halving
« Reply #155 on: September 20, 2024, 07:27:42 PM »
Like I said many people thought 100k is possible after halving making them to put more efforts to accumulate bitcoin without following the historical data from the previouses. If people where so clever they wouldn't think 100k is possible immediately after halving even though ATH was achieve before halving that was a reason of something unusual triggers it to likely take effect before halving.

100k - 200k - 10k)) This is all possible simply by the will of the market and not because of the halving, which has not worked as a market boost for several years, now the market is only growing because of the crowd's desire to buy bitcoin and large miners have stopped promoting bitcoin for their own benefit, because bitcoin mining is practically unprofitable and bitcoin, as before until 2018, no longer grows only upwards.
If bitcoin mining is no longer profitable then there would be no one mining bitcoin but yet there are country that just approved their bitcoin bitcoin mining, I think Russia there about but you can read here. So like you said if this where beneficial there wouldn't be a day where they would approved bitcoin mining.

I have read this news before and the legalization of mining has been approved and cancelled many times there, in this article that you sent me there is nothing unusual, everything is the same as before, they approved it today, banned it tomorrow, when mining was very profitable they approved and banned mining several times a year.
Okay then let see how the bitcoin price goes this month as it already 62k plus if not 63k, although the month of September has never been that favorable to bitcoin price so the remaining 10 days could bring differences in price but not upto reaching the price of 100k as that is about 50-60 percent price increase before it would get to that price so, still having that doubt that having 100k can't still be possible this year except from the beginning of next year to mid then we see it coupling the bull run.

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Re: why do you think 100k is possible after halving
« Reply #156 on: September 20, 2024, 07:34:22 PM »
I have read this news before and the legalization of mining has been approved and cancelled many times there, in this article that you sent me there is nothing unusual, everything is the same as before, they approved it today, banned it tomorrow, when mining was very profitable they approved and banned mining several times a year.

Anytime I see article that favour Bitcoin, I don't accept it immediately because you will be in the corner and notice the news will be debunk later or disapprove by the people at the top. Sometime, the government officials want some policy to favour Bitcoin and crypto and they make approval for some under the ground but immediately the people at the top hear of the news, they immediately disapprove them.

I'm just sceptical about how the government views things about Bitcoin, we can't have a particular parties in a country rule it for 20 years, between those years it's possible for them to have one that will love Bitcoin but wouldn't declare until they reach office, those days are coming very soon.
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Re: why do you think 100k is possible after halving
« Reply #156 on: September 20, 2024, 07:34:22 PM »


Offline Hisbullah

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Re: why do you think 100k is possible after halving
« Reply #157 on: September 20, 2024, 10:14:39 PM »
I have read this news before and the legalization of mining has been approved and cancelled many times there, in this article that you sent me there is nothing unusual, everything is the same as before, they approved it today, banned it tomorrow, when mining was very profitable they approved and banned mining several times a year.

Anytime I see article that favour Bitcoin, I don't accept it immediately because you will be in the corner and notice the news will be debunk later or disapprove by the people at the top. Sometime, the government officials want some policy to favour Bitcoin and crypto and they make approval for some under the ground but immediately the people at the top hear of the news, they immediately disapprove them.

I'm just sceptical about how the government views things about Bitcoin, we can't have a particular parties in a country rule it for 20 years, between those years it's possible for them to have one that will love Bitcoin but wouldn't declare until they reach office, those days are coming very soon.
What you said is true because actually government officials also support bitcoin but they have not dared to announce it personally, because their positions are limiting. Moreover, bitcoin with high security in managing our assets and is very safe, of course those officials are likely to have bitcoin to store their wealth.
We are waiting in the future for a lot of government support for crypto.
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Offline Wiseman

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Re: why do you think 100k is possible after halving
« Reply #158 on: September 21, 2024, 08:12:10 AM »
Like I said many people thought 100k is possible after halving making them to put more efforts to accumulate bitcoin without following the historical data from the previouses. If people where so clever they wouldn't think 100k is possible immediately after halving even though ATH was achieve before halving that was a reason of something unusual triggers it to likely take effect before halving.

100k - 200k - 10k)) This is all possible simply by the will of the market and not because of the halving, which has not worked as a market boost for several years, now the market is only growing because of the crowd's desire to buy bitcoin and large miners have stopped promoting bitcoin for their own benefit, because bitcoin mining is practically unprofitable and bitcoin, as before until 2018, no longer grows only upwards.
If bitcoin mining is no longer profitable then there would be no one mining bitcoin but yet there are country that just approved their bitcoin bitcoin mining, I think Russia there about but you can read here. So like you said if this where beneficial there wouldn't be a day where they would approved bitcoin mining.

I have read this news before and the legalization of mining has been approved and cancelled many times there, in this article that you sent me there is nothing unusual, everything is the same as before, they approved it today, banned it tomorrow, when mining was very profitable they approved and banned mining several times a year.
Okay then let see how the bitcoin price goes this month as it already 62k plus if not 63k, although the month of September has never been that favorable to bitcoin price so the remaining 10 days could bring differences in price but not upto reaching the price of 100k as that is about 50-60 percent price increase before it would get to that price so, still having that doubt that having 100k can't still be possible this year except from the beginning of next year to mid then we see it coupling the bull run.

The trend is bullish now and everything is possible that the price will even be 100k by the end of the month, such growth is never planned, just like a fall, everything can grow in just a few days, I'm expecting a good mood by the end of the month but I don't follow Bitcoin very much, in any case there should be growth and Bitcoin should grow, but by how much I find it difficult to answer.

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Re: why do you think 100k is possible after halving
« Reply #159 on: September 21, 2024, 11:23:42 AM »
Do you mean that with the small amount of rewards received by miners, it reduces miners' interest in mining activities? We know that all jobs should be profitable in order to keep running... if the BTC reward for miners is no longer in accordance with the costs incurred, it could be a sign of collapse...
(...)

Technically speaking, collapse is unlikely, as there will always be *some* reward for mining, even if the block subsidy goes to zero, there would still be transaction fees left.
The system is designed so it can scale up or down when needed (i.e. difficulty adjustments). The problem is that the lesser the mining reward, the lesser the hash power, meaning less network security. Not to mention that if BTC's price was to drop very significantly with no sign of revival, some miners could decide that instead of mining it's more profitable for them to attack the network, i.e. by performing double-spends etc, which, depending on jurisdiction, could even be perfectly legal.

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Re: why do you think 100k is possible after halving
« Reply #160 on: September 21, 2024, 05:34:14 PM »


The trend is bullish now and everything is possible that the price will even be 100k by the end of the month, such growth is never planned, just like a fall, everything can grow in just a few days, I'm expecting a good mood by the end of the month but I don't follow Bitcoin very much, in any case there should be growth and Bitcoin should grow, but by how much I find it difficult to answer.
It seems impossible that bitcoin price will touch $100K by the end of this month, because we see that bitcoin price has not touched its previous ATH. Although anything can happen, we should think more realistically, my prediction is that bitcoin can touch $70K by the end of this month, which is a great achievement.

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Re: why do you think 100k is possible after halving
« Reply #161 on: September 21, 2024, 08:26:01 PM »
It seems impossible that bitcoin price will touch $100K by the end of this month, because we see that bitcoin price has not touched its previous ATH. Although anything can happen, we should think more realistically, my prediction is that bitcoin can touch $70K by the end of this month, which is a great achievement.
I believe the very first reason why as bitcoiners we believe bitcoin will hit the $100k mark is because we are bitcoin enthusiasts. I'm not really sure will get to 100k this month. We have been able to bounce back to a little above $60k which has pretty much been like the average bitcoin price since the last halving event. Anyways the momentum if you check out bitcoin charts seems to have dropped a little.
Anyways we may probably hit close to $70k once again if the same momentum that helped bitcoin break the $5(x)Ik price comes up again. If not bitcoin could pretty much be consolidating around $60k to around $64k  for the time being.
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Re: why do you think 100k is possible after halving
« Reply #162 on: September 21, 2024, 10:22:25 PM »
To reach $100k should be in the next year, it seems impossible in this year. Bitcoin needs a more time to increase to $100k. At the end of this year, it is true that it seems to be around $80k.
Well, I believe that's most probably true, I don't think that Bitcoin would reach $100k even at the end of this year because it's currently struggling to cross $70k barrier for many months and there's chance that it might dump once again below $60k. However, if it manages to break $70k barrier and reaches $80k then that would be truly amazing. +1
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Offline Wiseman

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Re: why do you think 100k is possible after halving
« Reply #163 on: September 22, 2024, 08:24:08 AM »


The trend is bullish now and everything is possible that the price will even be 100k by the end of the month, such growth is never planned, just like a fall, everything can grow in just a few days, I'm expecting a good mood by the end of the month but I don't follow Bitcoin very much, in any case there should be growth and Bitcoin should grow, but by how much I find it difficult to answer.
It seems impossible that bitcoin price will touch $100K by the end of this month, because we see that bitcoin price has not touched its previous ATH. Although anything can happen, we should think more realistically, my prediction is that bitcoin can touch $70K by the end of this month, which is a great achievement.

If we evaluate everything more realistically, then you are right and most likely the price will not reach 100k, I gave an example of what (anything can happen) and in cryptocurrency I have already stopped being surprised by some strong growth or fall and as a rule this happens very quickly and for example with Bitcoin growth of 40-50% can last for a couple of weeks.

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Re: why do you think 100k is possible after halving
« Reply #164 on: September 22, 2024, 07:23:42 PM »
Well, I believe that's most probably true, I don't think that Bitcoin would reach $100k even at the end of this year because it's currently struggling to cross $70k barrier for many months and there's chance that it might dump once again below $60k. However, if it manages to break $70k barrier and reaches $80k then that would be truly amazing. +1
In my viewed, seems easily for bitcoin break out above $80k if have possibility reach up to $72k or break above the last ATH price, right now very difficult for bitcoin when raising up to $70k can't defend for long term and easily get correction with few moment only after breaking out.
For targeting bitcoin will up above $100k I think very difficult but its not close opportunity with bitcoin will hit above $80k if can break above the last ATH price and not get drastically correction.

 

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