Quote from: Rasa nanas on Today at 04:00:57 PM

It's been a very long time, maybe in the last 2 months the price of Bitcoin has been stable between $60k-$70k and hasn't shown any signs of being bullish even though the halving has started. it's actually very realistic to expect bitcoin to reach $100k because before the halving started bitcoin's ATH was $73k. I think in the near future we shouldn't talk about $100k because bitcoin's biggest challenge right now is crossing $70k.

Personally, I don't really like the term "stable" to describe something like bitcoin prices, especially since to me it seems that bitcoin is in a kind of war, so even if there are periods of relative "stability" or consolidation that might even be considered as going upon 4 months from the end of February, for me, that still does really rise to the level of stability... so yeah, good luck if you are relying on BTC prices to continue to largely stay in a $60k to $70k-ish range.

And.. really who cares about $70k.l yeah we are bouncing around it and yeah $69k was the previous ATH price, so surely $70k has some significance, yet so does $100k, and so even if there is no real reason to get worked up about $70k or $100k, it seems to me that we could find ourselves bouncing around $120k to $180k, even within this calendar year, and then all of a sudden we might start to consider that we were taking for granted that BTC had been spending so much time in 5 digits.. and I am not going to proclaim to know whether 5 digits will become out of the question to return to these prices, but surely I would not be surprised for those folks who are failing/refusing to sufficiently/adequately prepare for up.. and yeah, it is not guaranteed to go up.. but still it may well be helpful to make sure that you (we) are sufficiently/adequately prepared for up.. just in case such up might end up happening.. and sure? how do we prepare for up? Need I ask?

If you are questioning and/or even taking for granted that $70k is supposedly some challenging number to get above, then surely your own ideas of bitcoin might not be in the right place.. even though, again, I am not presuming such UPpity to be guaranteed, but it would be a shame (which it is) if some folks were not sufficiently and/or adequately preparing for UP, even though they should have been.. which happens to be around 99% of the world's population that has no coins or low coins.

Quote from: Felicity_Tide on Today at 04:58:49 PM

Quote from: Pi-network314159 on Today at 04:13:50 PM

1. Competition
2. Market correction etc.
Though there are many to be listed but to make it snapy this is the two I have to discuss for now.
The Competition aspect is as a result of many new coin surfacing the market which is misleeding some bitcoin investors to sell off there bitcoin and going for some social media trending shitcoin. This will reduce the numbers of investors we have in bitcoin. Although it will only dip for sometime and also pick up because the more people are leaving the more people are coming. Even the market correction and the spot ETF bitcoin which are also the elements of bitcoin increase and decrease doe not stop the growth of bitcoin. If investors pull out there money from bitcoin Investment after the approval of spot ETF, and the price didn't increase more, I believe other people would still have a good reason to invest in bitcoin and surely the price of bitcoin will rise. Even the market correction can't even slow the price of bitcoin because it is a normal thing and the price will still rise. All am saying in essence is that bitcoin price must rise no matter the circumstances. Bitcoin has come to stay

Competition?. Well from the general angle of business matters, competition plays a massive role in determining the price of goods, but looking at the massive gap in terms of price and market cap between Bitcoin and alt, can we really say that competition is a huge factor in determining price?. I think this point (competition) can be trace back to one thing, which is: demand and supply . If you had use "demand and supply", then there should have been a better form of correlation.

From the principle of economics, when the demand is high, and the supply is low, the price tend to increase. While going the other way round would lead to a decline in price. We've seen this happen for years.

Aside demand and supply, I think Rumors also play a significant role.

As for the underlined text above, there is a bit of misconception there as you've also stated that market correction can't slow the price. I will appreciate If you could explain better on how that point matters.

These are the few I can mention -
1. Demands and supply
2. Rumors(news)
3. Regulations ( which can also be traced back to number 1, by either increasing or decreasing it), etc.

Yes... rumors and information may well scare some folks out of their coin.. so surely there could be some folks who are selling too many coins too soon because they have some kind of a belief that these might be decently good prices to sell some of their corn.. .. and yeah, we have a lot of historical examples of folks selling too many coins too soon.. but that's their choice.

Quote from: Chiomaobi on Today at 07:25:52 PM

.......All this put together might see us reaching the $100k Mark before the end of 2025 first quarter.

Huh? it is going to take that long to cross over $100k? Wow.