Quote from: iBaba on Today at 06:32:38 AM

Quote from: Tmoonz on August 14, 2024, 07:20:01 PM

Exactly, you have made interesting points. The 100k speculation is very achievable even this year, some people are only belittling the power of volatility of course yes it can be drastic and Bitcoin wll soar to a height beyond expectations, but yeah it will be very good and reasonable
enough to focus more on maximizing the market opportunities if we actually consider what we believe to have possibilities which is more better than prioritizing seeing Bitcoin hitting 100k without preparing for it by consistently buying more Bitcoin in our bag, the probability is the same.

As optimistic as the words may be, I don't think attaining all time high of 100k speculation is 'very' achievable, however, it is likely achievable but it will be difficult to achieve that without a decline due to the volatility of the market.

I expected that you should have at least given a timeframe while making your statement that $100k isn't achievable, it you had done that and assumed that within the month or year that it might not be attainable and goes on to back it with reasons for such conclusion, then it would have been an argument that's worth looking into but making a vague statement as this that $100k is unachievable is rather very ridiculous to see. The indices that gives a pointer to Bitcoin getting to $100k are obviously visible and have been playing out with regards to how resistive Bitcoin has shown itself in the midst of any slight correction. Bitcoin is volatile so I don't see volatility as a factor to be pointed at as the reason why Bitcoin wouldn't get to $100k. Even when it gets to $100k and surpasses it, volatility will still be very much a part of Bitcoin and we will continue to witness it effect on Bitcoin iether slightly or in a big way.

Quote from: iBaba on Today at 06:32:38 AM

If the bitcoin eventually hits its all time high of 100k, there's going to be pull backs. I also didn't mention that there's a high possibility of it facing corrections too because it can experience the Fibonacci retracement and moving averages. This is why when following history, we can agree that while bitcoin have the fate and potential of hitting 100k, there are many indicators and indices that will play out to its effect.

though I find this last statement quite contradictory to your opening statement, it's still true that there are indicators that will determine the fate of Bitcoin getting to $100k within a short space of time which has been at the focal point of all the speculation that has been going on in this thread. Even though we can't completely conclude that past history will always determine what become of the present reality, what's currently happening and what is already expected to happen in the world politics and national level of adoption have shown better indication that Bitcoin getting to $100k is almost 💯 certain. Maybe it might get to it slower or faster than most persons anticipate but it doesn't stop it from happening. But like it's been said countless numbers of times, it's not just about waiting and anticipating Bitcoin to hit $100k that matters, it's more of buying and building a good portfolio before it even gets to that price that matters the most.