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Author Topic: BTC is exceeding expectations, what a time to be alive.  (Read 1254 times)
GigaBit
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November 29, 2024, 06:42:29 PM
 #61

I can imagine how those that sold their BTC when it was less than $10 feels right now. BTC getting to $99k feels so surreal. In the last 8 months, it was as low as $25k and it felt like a pain, but look at it now. There's no true wealth that can happen without patience.

https://x.com/BTC_Archive/status/1859677954105815477?t=3pEN2ZMTcMqTP3FsoE734g&s=19

With bitcoin, patience is the best virtue. If you can’t hold your bitcoin longer because you are in rush of your profits, you will never get satisfaction from your bitcoin investment. Long term hodling is the key, even how long it may take, the realization that bitcoin will never stop from reaching all time highs, then it’s best idea to just buy and hold, and only sell when the price is right  and impressive.
Bitcoin is now the headline in most financial newspapers because its price has increased significantly. But the majority of the people who are rushing to buy Bitcoin now, are just driven by the desire to make a quick profit. But they fail to understand that the ideal time to invest is not during the bull season. [/B[But if some of them are willing to learn, they might end up gaining from the sector if they are patient enough.

I totally disagree with you on that bolded part because it is Bitcoin we are talking about there is no time ideal than investing when you have your money readily available, there is nothing absolutely wrong buying even at the peak price, it is pretty much ideal to invest during the bull season and bear season, one thing we should always understand is that Bitcoin is best appreciated over a long term hence there is no point timing the market conditions before investing, secondly the market can be very uncertain which can make you miss good buying opportunities while waiting for an ideal time to invest.
If someone understands about short-term Bitcoin trading, it may be difficult for them to buy Bitcoin in a bull market. But if Bitcoin is considered a asset and held for the long term, then it would not be unreasonable to buy from this level. Everyone who understands Bitcoin well and has faith in it tries to hold Bitcoin for a long time. The level at which Bitcoin has risen today will increase its value further in the future. Therefore, those who refrain from collecting Bitcoin will ultimately be the ones who will suffer. Because Bitcoin may not be at the same level tomorrow as it is today. The opportunity to buy today may not be stay in the same position tomorrow.

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November 29, 2024, 06:57:03 PM
 #62

Not seen it hit 25k for a very very long time , which tells me this was a typo...probably 55k was the price it might have dipped too and hopefully we don't see it ever again!!

And I totally agree with you, Bitcoin has exceeded many of our expectations if we are to look back how far this digital asset has come from...many will have regrets for selling and not holding...but hey sh*t happens , it's not too late to buy now and wait for 200k  Tongue it all starts from somewhere.

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November 29, 2024, 07:06:50 PM
 #63

I can imagine how those that sold their BTC when it was less than $10 feels right now. BTC getting to $99k feels so surreal. In the last 8 months, it was as low as $25k and it felt like a pain, but look at it now. There's no true wealth that can happen without patience.

https://x.com/BTC_Archive/status/1859677954105815477?t=3pEN2ZMTcMqTP3FsoE734g&s=19


When the people discover that the market plummets, they begin to exhibit fear of missing out and from there you begin to discover about some as well who were anti bitcoin to begin to spread false news about bitcoin, all because they are not investing and they will also like to use that bearish trend to discourage others from investing, so that they all can be on the same zone as losers, but those that knows what they want and whom they are, they don't give much attention to social media buzz about bitcoin and focus on what they are doing.

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November 29, 2024, 08:51:41 PM
 #64

Honestly it's definitely a good period to be alive, yes most of the veterans here we knew that it would go up, and this wasn't really a shock to us, we knew it would go up and we made some profit from it and that's a good feeling. However, that doesn't mean that we just don't count this as a win, even when we know what's going to happen, if it makes us profit then we should be happy about it and I am quite happy with what we have so far, it's a great feeling and should be something to be proud of.

I believe that bitcoin going to 100k levels, and even more very soon, is something I can see from months away, but I am also happy that I am right. Sometimes we have expectations but those expectations do not happen and we are sad because of it, so we should learn to be happy about it when our expectations are met with correct increases and we make money from them. I am happy that it's up now, I knew it would be and what I am happy about is being right and not being wrong.
That's the beauty of bitcoin, while everyone doubts us, we just do what we know best and keep accumulate and eventually we benefit and profit. There were so many people who were attacking bitcoin and saying that this time it's done, and then it turned out to be such a great period in 2024. First we got the ETF at the start of the year, even before halving happened we broke over all time high price, which dropped a lot for a while because we saw what it could do, but then we ended up doing much better with time as well.

We need to focus on how to get better with more investment at that time and then it increased with all the Trump and election stuff as well. It's a great period and I am very much in love with bitcoin all over again.


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November 29, 2024, 09:35:48 PM
 #65

I can imagine how those that sold their BTC when it was less than $10 feels right now. BTC getting to $99k feels so surreal. In the last 8 months, it was as low as $25k and it felt like a pain, but look at it now. There's no true wealth that can happen without patience.

https://x.com/BTC_Archive/status/1859677954105815477?t=3pEN2ZMTcMqTP3FsoE734g&s=19


It's life brother rather than regretting if they could have planned things for the future after realizing their mistake it could have been already covering their losses and regret brings disappointment so take everything in a positive way that what happened has already happened now plan for the future and take action in where you are now. If you will continue to blame your decision even now when it will go to the $1M which is for sure according to my optimistic approach for the next 10 years you will get nothing so its never too late just put in some effort and kick your ass for work it's fine.

No one knew at that point its gonna be that big, I'm sure 99% of pre-era investors did sold most of their holdings years ago but if they are still in I  market this shows that they are hustlers and maybe they are still millionaires.

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November 30, 2024, 01:23:09 AM
 #66

I can imagine how those that sold their BTC when it was less than $10 feels right now. BTC getting to $99k feels so surreal. In the last 8 months, it was as low as $25k and it felt like a pain, but look at it now. There's no true wealth that can happen without patience.

https://x.com/BTC_Archive/status/1859677954105815477?t=3pEN2ZMTcMqTP3FsoE734g&s=19

It feels great. Especially someone like me who's been in the crypto scene for a decade. Newbies will think BTC will keep rising at a non-stop rate. As soon as prices start going down, you will see them "whining" and panic selling like crazy. It's part of the normal cycle of the crypto market. Nothing to worry about. Once the market turns bearish again, it will be the perfect time to buy some more BTC. Rinse and repeat.

If this keeps up, Bitcoin might goes as high as $1m someday. Patience is key towards achieving great results with your investment. Not many people have "strong hands" or the capability of holding for a long time. Those who manage to do it, will ultimately reap the rewards. For the naysayers or haters, let me tell you Bitcoin ain't going anywhere soon. It's already a "force to reckon with". So deal with it. Smiley

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November 30, 2024, 01:46:51 AM
 #67

It feels great. Especially someone like me who's been in the crypto scene for a decade. Newbies will think BTC will keep rising at a non-stop rate. As soon as prices start going down, you will see them "whining" and panic selling like crazy. It's part of the normal cycle of the crypto market. Nothing to worry about. Once the market turns bearish again, it will be the perfect time to buy some more BTC. Rinse and repeat.
Inexperienced people in Bitcoin market have high uncertainty with their price targets and they also mainly focus on a single market cycle, and they are unsure what will happen in a bear market and a next market cycle, so when they missed ATH of a cycle, stucked in a bear market, after several months of bear market, they will panic sell when the market is attacked by massive fud.

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If this keeps up, Bitcoin might goes as high as $1m someday. Patience is key towards achieving great results with your investment. Not many people have "strong hands" or the capability of holding for a long time. Those who manage to do it, will ultimately reap the rewards. For the naysayers or haters, let me tell you Bitcoin ain't going anywhere soon. It's already a "force to reckon with". So deal with it. Smiley
There are many price predictions by many models.
https://charts.bitbo.io/price-prediction/

All models are wrong, but you can find something with these used models for these price predictions. These models seem to lead to $1M in a next market cycle in 2028 but I would like to be more realistic and that time with me is sometime in 2032 or 2036 year.

 
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November 30, 2024, 03:37:14 AM
 #68

I would call it just a little drop in price, because a correction is usually something bigger, and we didn't see that yet like we did in 2021-ish.
Afterward - the $100k will be only a start for BTC and the ATH it's going to reach. 
Big or small we still call it a correction because from the highest price drop we can see how bitcoin can strengthen again. Now the moment is good enough to see the price movement and maybe we just need to be patient if we don't want to enter the market in accumulating and we hope that the correction process that occurs will not touch $90k and below so that it will be much stronger to bounce the price of $100k next year.

There might be a reason for it that we don't know but we will know if he will tell us what it is. If there's an even that is great then it will be possible that the price of bitcoin will reach 100k and not 99k that lacks 100 before it becomes 100k. I think it's possible since bitcoin price even reach 99.9k not too long ago and that's why other people say that 100k is in our front doorstep even though 100k hasn't happened yet. Maybe exchanges having low supply in bitcoin could push it to 100k price within this year.
We will wait for another moment in the upcoming increase period because previously we saw the price jump process that was inseparable from the effects of the US presidential election. To approach that price is also not that far away so that it is possible to happen at the end of the year because if you look at it, the moment is indeed very close. I want to see how the journey is after breaking through $100k, whether later we will see bitcoin price below $80k or will it continue to bounce around $90k if there is another correction.

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nakamura12
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November 30, 2024, 05:47:04 AM
 #69

We will wait for another moment in the upcoming increase period because previously we saw the price jump process that was inseparable from the effects of the US presidential election. To approach that price is also not that far away so that it is possible to happen at the end of the year because if you look at it, the moment is indeed very close. I want to see how the journey is after breaking through $100k, whether later we will see bitcoin price below $80k or will it continue to bounce around $90k if there is another correction.
There's still a month left so I think it's within reach. I wonder what will be the cause or reason for bitcoin price to reach 100k. Who knows, maybe an event that will help the price reach it much sooner. There's also a chance that the election could cause it's price to increase more again since there will be a lot of people who are now free to buy or sell bitcoin without worry because of the SEC before. As of now, I only noticed the price of bitcoin increasing and decreasing around 90k and haven't seen it go to 80k which in my opinion is a good sign.

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ultrloa
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November 30, 2024, 08:56:24 AM
 #70

We will wait for another moment in the upcoming increase period because previously we saw the price jump process that was inseparable from the effects of the US presidential election. To approach that price is also not that far away so that it is possible to happen at the end of the year because if you look at it, the moment is indeed very close. I want to see how the journey is after breaking through $100k, whether later we will see bitcoin price below $80k or will it continue to bounce around $90k if there is another correction.
There's still a month left so I think it's within reach. I wonder what will be the cause or reason for bitcoin price to reach 100k. Who knows, maybe an event that will help the price reach it much sooner. There's also a chance that the election could cause it's price to increase more again since there will be a lot of people who are now free to buy or sell bitcoin without worry because of the SEC before. As of now, I only noticed the price of bitcoin increasing and decreasing around 90k and haven't seen it go to 80k which in my opinion is a good sign.

I guess surge of demands waiting for the possible good action next year would be the provable cause on why bitcoin would able to reach $100k next month. That figures is near to be reached by bitcoin and we see how huge the impact brought by Trump winning the Presidency so for sure his presence and future implementation that can help bitcoin to grow more would rise the interest of people to acquire more bitcoin. That's why I still look forward about bitcoin possibly to stay at 6 digits figures next year.

So let see what will happen next month and also next year for bitcoin since for sure we provably could see a good price forecast for it.

R


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MarjorieZimmermanGinger
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December 01, 2024, 07:49:07 AM
 #71

There's still a month left so I think it's within reach. I wonder what will be the cause or reason for bitcoin price to reach 100k. Who knows, maybe an event that will help the price reach it much sooner. There's also a chance that the election could cause it's price to increase more again since there will be a lot of people who are now free to buy or sell bitcoin without worry because of the SEC before. As of now, I only noticed the price of bitcoin increasing and decreasing around 90k and haven't seen it go to 80k which in my opinion is a good sign.
Still quite sideways and maybe we will continue to see prices like this until the end of this year. Some analysis that I read in the media, most people see the price of bitcoin touching $100k in the fifth month of next year and this still leaves plenty of time for people who intend to buy it. Although if you look at the current price it is still high enough to enter the market for some small investors like us, but if you miss a moment like now, it is feared that bitcoin will touch its highest price next year and we lose momentum to generate maximum profit. There is always an opportunity to buy even if only using the DCA pattern as a step and if small investors like us do not take advantage of the opportunities that exist, we will be left behind in collecting bitcoin.

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dunfida
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December 01, 2024, 09:10:28 PM
 #72

We will wait for another moment in the upcoming increase period because previously we saw the price jump process that was inseparable from the effects of the US presidential election. To approach that price is also not that far away so that it is possible to happen at the end of the year because if you look at it, the moment is indeed very close. I want to see how the journey is after breaking through $100k, whether later we will see bitcoin price below $80k or will it continue to bounce around $90k if there is another correction.
There's still a month left so I think it's within reach. I wonder what will be the cause or reason for bitcoin price to reach 100k. Who knows, maybe an event that will help the price reach it much sooner. There's also a chance that the election could cause it's price to increase more again since there will be a lot of people who are now free to buy or sell bitcoin without worry because of the SEC before. As of now, I only noticed the price of bitcoin increasing and decreasing around 90k and haven't seen it go to 80k which in my opinion is a good sign.

I guess surge of demands waiting for the possible good action next year would be the provable cause on why bitcoin would able to reach $100k next month. That figures is near to be reached by bitcoin and we see how huge the impact brought by Trump winning the Presidency so for sure his presence and future implementation that can help bitcoin to grow more would rise the interest of people to acquire more bitcoin. That's why I still look forward about bitcoin possibly to stay at 6 digits figures next year.

So let see what will happen next month and also next year for bitcoin since for sure we provably could see a good price forecast for it.
Demand and recognition is really there on which we've seen that it did able to break up new all time highs with this year alone on which $100k is supposed to be that on next year, on which this really proves out that Bitcoins price movement is really that truly unpredictable and to those who had been able to make up some positions on low prices in a short time are really that making up some money or profits now. Exceeding expectations? Its always be but surprisingly there are still those who are really that skeptical into the things that they've been dealing into and thats why on the moment or time that the price had shoot up or goes to moon then they will really be starting out on having those regrets and there's nothing we can do on missing out those opportunities that we do make it slip.

For those who had been here earlier then pretty sure that they've seen about these movements and behaviors in comparing into those things in the past and into the present on which Bitcoin hadnt been able to disappoint us in speaking about potential. Recognition is always on the move and even into those times that market is really that on great decline and made out people or investors having those kind of skepticism when it comes into their crypto investment then it will really be something that cant be avoided sometimes but for those who do able to trust up then they are the ones who do benefited.

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December 02, 2024, 10:46:05 AM
 #73

For those who had been here earlier then pretty sure that they've seen about these movements and behaviors in comparing into those things in the past and into the present on which Bitcoin hadnt been able to disappoint us in speaking about potential. Recognition is always on the move and even into those times that market is really that on great decline and made out people or investors having those kind of skepticism when it comes into their crypto investment then it will really be something that cant be avoided sometimes but for those who do able to trust up then they are the ones who do benefited.
It will be different when people have been here for a long time because they are used to seeing bitcoin move in a more positive direction even though sometimes we also see corrections that make people who are new to it a little scared. Calmness will give them an idea so that they are not trapped in fear because based on existing experience we can conclude how speculative bitcoin's journey in the market is but bitcoin always gets a moment of improvement towards a better direction.

Panic based on fear must be minimized and it is necessary to be more indifferent because it is a natural thing, but we need to be calmer so that we can avoid unnecessary investment losses because if someone does not panic, I am sure that the investment made in Bitcoin will never give them a loss.

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December 02, 2024, 10:51:05 AM
 #74

And this is the second highest % of a jump this year with more than 37%, second only to the month of February with 43%. However, it is said that we have gain $26,000,

Quote
Data from Cointelegraph Markets Pro and TradingView confirmed the single biggest Bitcoin  price gain ever seen in a monthly candle — $26,400.

https://cointelegraph.com/news/bitcoin-26k-record-monthly-btc-price-gain

So it's very obvious by now that we are indeed exceeding expectations and we might see the biggest bull run in history in 2025. With that, those who have witnessed previous bull run is very happy on what we are seeing. And the good news is that $100k is just the beginning for us.

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December 03, 2024, 12:54:18 AM
 #75

Inexperienced people in Bitcoin market have high uncertainty with their price targets and they also mainly focus on a single market cycle, and they are unsure what will happen in a bear market and a next market cycle, so when they missed ATH of a cycle, stucked in a bear market, after several months of bear market, they will panic sell when the market is attacked by massive fud.

Yup. History repeats itself all over again. Panicked noobs sell their BTC, while the smart money buys it all at a huge discount. It's all part of the normal cycle of the crypto market. The bullish market is just getting started. So I'd suggest you refrain from buying more BTC until things settle. Unless you want to make short-term gains by selling as soon as prices go higher. But you could risk losing everything if done wrong. Waiting it out, would be your best bet to play it safe. The bearish market usually takes place 2 years before the next halving. My guess is that prices will decline between 2026 - 2027. A perfect time to accumulate more Bitcoin. Who knows how long will it take before $1m per BTC materializes?


There are many price predictions by many models.
https://charts.bitbo.io/price-prediction/

All models are wrong, but you can find something with these used models for these price predictions. These models seem to lead to $1M in a next market cycle in 2028 but I would like to be more realistic and that time with me is sometime in 2032 or 2036 year.

Predictions are predictions. But I'm certain the next halving will bring higher gains than ever. $1m is right around the corner. Inflation, hype, and rising geopolitical uncertainty will lead us there faster than you could ever imagine. Better be prepared with some BTC before this happens. Cheesy

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December 03, 2024, 04:10:53 PM
 #76

We never know what will happen in the future so we could only prepares by having more Bitcoin. Those who sell their Bitcoin in a cheap price still regret it because they never imagine if the price can surge to the high price. If they know, they will hodl their Bitcoin for a long term and only sell it when the price is at ATH. If they can learned from their experienced, they will not do the same mistake and will choose to invest in Bitcoin with their allocation money. They will try to have a strong hand to hodl Bitcoin until the time to sell Bitcoin comes.
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December 03, 2024, 05:59:44 PM
 #77

When the people discover that the market plummets, they begin to exhibit fear of missing out and from there you begin to discover about some as well who were anti bitcoin to begin to spread false news about bitcoin, all because they are not investing and they will also like to use that bearish trend to discourage others from investing, so that they all can be on the same zone as losers, but those that knows what they want and whom they are, they don't give much attention to social media buzz about bitcoin and focus on what they are doing.

The word "plummet" means for something to fall, decline, drop but the context you tried to make is for the market to pump, that word isn't right here. However, what you say here is truth about people reaction to the market. You will see people begin to have fear of missing out on the market as soon as they see Bitcoin running and the people that doesn't feel happy about the market spread bad news just to discourage others and also make it drop by force.

One thing about Bitcoin force is this, if the market want to run, there is nothing stopping it from doing it unless there is a heavy storm of news that is going to kill that hype and such news must be something the market hasn't experience before because right now, the market doesn't really fear anything from the main stream media, Bitcoin is standing on business now unlike back the where people do chicken out because of small news.

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Will Bitcoin hit $200,000
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