Quote from: mk4 on February 18, 2024, 06:03:33 AM

Take note that bitcoin won't be in a hyper-growth stage like it is right now forever. There will be a point in time where people will also be buying bitcoin for its growth(slower, but less volatile) increase, but mostly for its gold-like properties and due having self-custody.

Basically bitcoin is going out from hype stage because since the adoption of bitcoin is getting high its when people do their own mind direction without following the methods of hypers or influencers, so the volatility of bitcoin will increase it adoption, because onces people make profit in bitcoin the information continues to circulates, hypers is like people who just like make their own analysis concerning bitcoin and come up with their own results, that what I'm seeing in bitcoin right now, because everyone wants to be specialist in bitcoin.

Quote from: Nrcewker on February 17, 2024, 12:47:26 PM

Predicting something this wild needs lots of guts I must say. Yes 100k price is still acceptable, but 500k is really too high. If by chance also bitcoins reaches 500k, then I am pretty sure that many will still buy it. The reason is pretty simple, bitcoins are limited in numbers and the prices are increasing day by day. Hence more people will buy it at current price and will try to sell it later to yield more profits. Hence the price doesn’t matter at all, as the supply is fixed, hence people will demand to buy always.

It's all predictors of bitcoin that conduct a research before making their analysis to the public, some people just make their own analysis based on they want to predict the future of bitcoin in order to be firm whereas some people take some days weeks and months to study bitcoin and come out with a tangible results, and that is while some of the predictions of bitcoin when you followed it, it will be similar to prediction that happened some months ago.

Quote from: hatshepsut93 on February 18, 2024, 12:20:10 AM

Quote from: Bravut on February 17, 2024, 12:01:03 PM

Bitcoin to rally more than $500k says some crypto analyst.

I never say anyone predict the top correctly and it's always wildly overestimated. In 2017 the eyes were at $100k, in 2021 it was $250k and we all know how it went and where the actual bull cycle peaks were. Don't let all these predictions affect your decision-making and remember that after the bull market there will be bear market.

Their some predictions that is false when you come across of it, actually I have come across of some predictions that many were emphasising that bitcoin price will reach or hit one hundred thousand [100k] and looking at the conditions or the nature you can see that predictions that being made for more than two years has not come to reality or into existence, so we should not allow anyone to deceived us concerning the price of bitcoin, we should know that what determine the increase of bitcoin is the market demands and supply and when the demand is higher then the market will continue to skyrocket or flourish.