Iām crossing my fingers for a Cardano ETF to be created before then but that is off topic for this thread.
Name one single human instinct reason why youāve placed actual money into a volatile digital number system with zero intrinsic value?
One reason. Forget the headlines, forget YouTube videos and online forums. Why have you made that financial decision for yourself?
Probably in hope that it will go to the moon and become rich
Itās outperformed every asset class over the last decade and I believe in the technology.
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My predictions for BTC: Thereās going to be a big selloff of BTC soon maybe down to $30k potentially more, but after that there will be a meteoric rise by end of next year. Weāll see all time highs of BTC for sure either this year or next year.
Any market prediction is something that is practically born dead, as no one has the slightest idea of what will happen tomorrow, next week, month, or year. So, discussing where Bitcoin will be by the end of the year is a waste of time in my opinion. However, it is necessary to consider the law of supply and demand that makes an asset more expensive or cheaper. And since BTC is an increasingly in-demand asset (whether people like it or not), with less and less supplyā¦ it is natural to consider that its price will reach higher levels. This is if other factors, such as regulations and macroeconomic events, do not impact it before then.
Bitcoin has only just had its big sell back in January last year. The price is beginning to rise again so why would there be another sell off.
This feels like the thread to finally overtake the Gamestop one for being A) busy and B) divisive! 
Personally, I bought a little a long long time ago and just logged out and deliberately forgot about it along with a couple other coins in another provider. Hopefully one day it grows into something valuable similar to my last bits of Gamestop I have left after selling most for the best profit. That was luck and not skill I must add.
TBH I do not have any real hope for either to come good and think my Premium Boonds probably a safer bet.
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Retracement first and then the big push with halving and it now being easier for everyday investors to buy BTC.
All obviously speculation, for every argument I hear for it to go up, I hear the same for it to go down.
A lot of people thought that BTC would pump on the new of the ETF approval but I was of the believe the news was already baked into the price and hence why we saw it drop instead. But like I say itās all speculation.
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Er, perhaps just one of the base human instincts, self preservation ie. making money ? Virtually the entire ethos of cryptocurrency is to appeal to greed, why do you think there so many shitcoins out there ?
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Ask yourself this, If I handed you a floppy bit of plastic with āĀ£20ā printed on it, would you consider it of value to the worth of Ā£20 or just some material costing 7p to produce?
Money has worth because for most people it represents something valuable and they have agreed upon what value that represents. The price of Bitcoin has value as its agreed upon by supply and demand and how much somebody is willing to pay for it.
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The Ā£20 thatās backed by a government that controls inflation.
With rampant inflation is that Ā£20 actually worth Ā£20
Inflation is just supply and demand
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The irony here is that I work in payments. 99% of people do not even know how a normal payment works, so there better be an alarmingly smart section of the global finance population who can technically implement intrinsic value into crypto for any hope of whatever it is coming to light.
And then convincing the entire payment network companies and their infrastructure to convert the entire globe to this new Bitcoin. Because it has to be Bitcoin otherwise youāll all lose your money and it goes to ~Ā£1000 a coin.m never to be spoken of again.
Unless the government has the most secretive of plans to unveil the new payments network - then I would say this is nothing more than an array of wild tech dreams.
Thereās many people betting the farm on this being a way of life, I get that, a chance for a new bunch of people to become wealthy off of new tech, but it requires more than buying and holding - it requires people to dedicate their lives to fighting for this new thing and writing the code and creating the infrastructure and then getting the population to adopt it.
Will a tulip go to Ā£1,000,000 possibly once but will it do it againā¦ each generation has their weird thing which goes wildly priced and typically 99% of those things then come crashing down never to see the light of day.
I can guarantee you that the random early holders of Bitcoin want it to go to infinity, for them theyāve found their ticket out of poverty, lottery winners really, but does anybody understand it enough to truly comprehend if itās even viable in these decades? Maybe a handful of people truly comprehend it and even they have zero clue what will happen.
After a while if it never tries to make the $100k mark the human nature thing to do would be to pull out and move on with reality. How long can they hold for before the stock market takes over and the crypto holders get twitchy fingers and sell out.
I personally think the stock market will capture the gains of the crypto market anyway so I do not need to take that level of risk on something I have no idea what it is.
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Not so secret. 
I am sure Satoshi Nakamoto where ever he is is rolling his eyes at how Governments and Wallstreet are trying to control what he designed to be decentralised & cryptocurrency as a whole.
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You think I donāt know cbdcās were released? The pound has been digital for like 20 years already. Yes thereās radio silence from the government on crypto and yes thereās people paid to swerve the narrative so that the government can get ahead, but there is less than 1% chance random people on the internet buying Bitcoin is going to amount to anything, because the people with the most power are playing chess against the regular people buying Bitcoin who do not know chess is being played.
Thereās this weird vibe from certain areas of society when it comes to Bitcoin, they donāt know what it is but they get so triggered if somebody says anything other than moon emojis.
Simply owning the stock market will capture any major breakthrough in financial blockchain tech.
S&P 500 is at all time highs and crypto is falling off a cliff.
Nothing regarding new forms of payment will turn out any way correctly predicted both in a certain time frame or decade. At the moment young people are easily fooled by the sharks and the momentum trades are so easy to funnel money from the uneducated to the educated.
Ask yourself, did social media benefit you? Like is your life incrementally better because of social media? Iād say 95%+ social media has been a distraction whilst the ones in the know got rich - Iād say the same for crypto. Itās not going to help the working people. Youāre being fleeced even if you win once, youāll panic sell or panic buy.
Crypto will help the ones who sell the shovels to the gold rush, if you know the quote.
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I hardly think this is accurate. Bitcoin has doubled in price over the last year now following the price correction. I donāt think anyone out there thinks crypto isnāt a more risky investment but thats why many only have a small portion of overall net wealth invested.
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Still watching BTC? 
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WAGMI
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3% correction after a 20% increase and bitcoin is falling off a cliff. Silent during the next 20% pump and then noisy again when the price will adjust 2-3% on the downside
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Well guys? I told you so.
And itās only getting started. A retracement is likely soon, but then the boosters will be ignited.
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