Quote from: Nrcewker on Today at 02:19:20 PM

Quote from: Chato1977 on October 30, 2022, 03:24:04 AM

Quote from: Superdoctor on October 14, 2022, 12:15:12 PM

I agree Bitcoin can go to about $12000 - $15000 downwards. Check out this link for whats going to make it turn to an upward trend again. I think this is the most accurate answer Ive gotten so far
https://www.instagram.com/reel/Cjo7KL3LMxu/?igshid=NDRkN2NkYzU=

If that will be your perception then that will live to your mind, best to divert your mind to positive when things like that comes to news ,

I hate being disappointed so I only set my mind to things that I only understand and believe and not those negativities.

Keeping yourself full of positivity won't help the price to go up. In fact we should accept the fact and act accordingly. Bitcoins are one of the rarest coin, so definitely today or tomorrow it's price will go up. If we see the question raised by OP then its pretty easy to answer, the Bitcoin's price will only grow when the demand of coin increases among the masses. Now many people are wandering why it will grow when demand increases ? Let me make clear to everyone that, Bitcoins are limited in number, this means no more Bitcoins can be created, so this make Bitcoins valuable. Now when the demand of the coin increases, the price will also increase in order to meet the demand of the people.

I am afraid that demand for bitcoin will not grow for long. It only happens when the price goes up, i.e. demand grows purely because of price manipulation. For example right now bitcoin is cheap, but only you and I need it, and other people aren't interested in it. Bitcoin is a new phenomenon, but I'm not sure it will prove to be anything stable. The bubble will inflate and deflate and most people will be disappointed and lose money.