Quote from: waitforme on November 27, 2019, 03:53:02 PM

Quote from: HardFacts on November 25, 2019, 01:58:58 AM

Quote from: patroncito on November 24, 2019, 07:09:10 PM

Quote from: waitforme on November 24, 2019, 03:00:47 PM

I can't believe bitcoin will hit the $ 10 million mark for every Bitcoin. If that happens, the dollar must have terrible inflation. Look at the fact that Bitcoin does not bring much technology achievements and only 1mb of capacity for 1bitcoin. So Bitcoin has no application value beyond payment. Currently, I only want Bitcoin to surpass $ 20,000 in the next 3 years.

You would have said the same when it fell from 30 to 2 dollars. It hit $20,000 a couple of years later

BIG DIFFERENCE between those events... Virtually no one knew about the bitcoin mania back then, the whole world knows about Bitcoin now, and its still headed down. The Bitcoin bubble is popping, and Bitcoin is going down to its intrinsic value of near zero.

All pyramid schemes, manias and bubbles pop. The only thing that gives Bitcoin value is what some greater fool will pay for it.

Hard Facts

The number of people interested in the bitcoin exchange rate has greatly decreased. Bitcoin is no longer as popular as it used to be. In 2017 Bitcoin increased its value by up to 20 times. That's an unthinkable number, for sure a certain group of people had a very thorough plan to manipulate the exchange rate. Anyway, everyone has faith in the market and often pours money into it to keep Bitcoin's exchange rate stable above $ 3,000. Anyway, from $ 20,000 to $ 7000 is more comfortable than the loss of other altcoins.

It is a huge number if you think of it, but for me, it is possible to happen since bitcoin is volatile, all crypto does. Maybe it is a long time for that to happen, just look at the value as of now. It is on a downfall since it reached its highest peak of value last two years ago. If we still hold and support bitcoin maybe it can happen again. Do not panic sell because maybe it is the one reason also why the price is going down. Keep on promoting bitcoin because we can encourage more investors, the more investors the more possibility that there are more buyers of bitcoin.