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[@dulce]

The famous stock investor and fund manager, Bill Miller, reiterated that he remains optimistic about bitcoin despite the bear market, assuring that it is a misunderstood asset that can attract great benefits for its investor. What do you think?

 

[magnus2022]

I fully agree with Bill Miller, a lot of people really don't understand how bitcoin will pull out its present challenges. Even top crypto analysts are still in shock after the might fall of bitcoin. May can't understand how it will nosedive so low and still have prospects. I strongly believe that bitcoin will recover and set a new record.

 

[Xrin Nightfall]

Since the beginning of 2022, the value of Bitcoin (BTC) has already been steadily decreasing due to widespread market panic, broad macro concerns, and an unsteady international situation.
Bitcoin's price has risen sharply a few days ago, up over 7% over the past 24 hours, even though it's still down at least 60% year to date. Despite recovering some of its losses from Thursday's steep drop, Bitcoin still seems to be down over 3% over the past month.

 

[Ben Kempton]

Since the beginning of 2022, the value of Bitcoin (BTC) has already been steadily decreasing due to widespread market panic, broad macro concerns, and an unsteady international situation.
Bitcoin's price has risen sharply a few days ago, up over 7% over the past 24 hours, even though it's still down at least 60% year to date. Despite recovering some of its losses from Thursday's steep drop, Bitcoin still seems to be down over 3% over the past month.

No, the value of bitcoin has been decreasing since pandemic ended. In the year 2020, the value of Bitcoin was increasing rapidly. However, when the year 20221 started, the price of Bitcoin started to decline. Surprisingly, the market value of bitcoin went down when the Omicrone variant was spreading in the world.

 

[BullyMaguire]

There's lots of factors that contributed on the decreasing value of bitcoin but that doesn't mean it's a bad investment now. As we see when several world events has taken place the war for example it has affected everything even if you're not from that country and as it should because it's an asset.

 

[Wisdom01]

He could be right tho , Bitcoin is a mis understood asset , lot of countries that are banning or intiating strict laws against Bitcoin , I really wish they could see the positive aspect of Bitcoin and not only the negative aspect ,they should see the potential Bitcoin already have

 

[Turner]

Unfortunately this is a really particular situation where many aspects are involved and affects the crypto and not-crypto market. Therefore any any statement can be contradicted by facts within a few weeks or even a few days. Even if we personally thinks things will go better for bitcoin, we should always stay focused on the progresses of this terrible bear market and of the bad world situation.

 

[Wisdom01]

Your assertion is correct it is really difficult for anyone to make correct predictions as to when bitcoin would move up out of the dungeon . It is really going to be a tough assessment to make and that is why most of the crypto-currency analysts remain silent during this time.

Most cryptocurrency analyst have followers on social media , so they don't want to confuse them more on investing , because most of the prediction they have made wasn't reached this year and it's due to some circumstances ,so they actually don't want to do that first I noticed

 

[Potuse]

Undoubtedly, Bitcoin can cause polarization. Bitcoin zealots assert that the cryptocurrency will soon replace gold, all forms of legal tender, credit cards, and the banking system as a whole. Despite rational exuberance, it is unlikely that will occur in the near future. However, media critics frequently misrepresent Bitcoin as nothing more than a speculative tool, a catastrophe for the environment.

 

[btaliat]

Bill Miller has rightly described the Bitcoin and in fact, the whole crypto market. Many people it is just an a time bomb that will soon swindle many off of their investment capital, others have seen it as a tool that's used by some oligarchy to make sure they cheat on the small investors. It is only a few that believes that crypto is the future currency.

 

[Jidemania]

Bill Miller is actually talking to the big whale investors that are investing huge million of dollars in bitcoin. Bitcoin might put you in big problem if you're not that rich and you're investing your money on it. It's better to stay away from it and chase other upcoming projects

 

[Dagov]

Numerous causes have caused the value of bitcoin to decline, yet that doesn't indicate it is currently a terrible bet. As we can see, when major world events like the war occurred, they had an impact on everyone, even those who weren't native to that nation, as they should have since it was a positive.

 

[Wisdom01]

Bill Miller is actually talking to the big whale investors that are investing huge million of dollars in bitcoin. Bitcoin might put you in big problem if you're not that rich and you're investing your money on it. It's better to stay away from it and chase other upcoming projects

Its obvious many of these rich whales manipulate the market ,I feel most times they actually bring up different kind of news and others , some of them are even Twitter influencers ,they do so many thing ,so people would just purchase more Bitcoin in that order

 

[btaliat]

The fact that Bitcoin is somehow widely misunderstood has caused it mixed feeling and reception. Most people do not want to accept Bitcoin just because of mere misunderstanding of how it works, it seems inexpiable.

 

[Wisdom01]

The fact that Bitcoin is somehow widely misunderstood has caused it mixed feeling and reception. Most people do not want to accept Bitcoin just because of mere misunderstanding of how it works, it seems inexpiable.

Been misunderstood is the problem , most people would have accepted Bitcoin if they were so capable of making more gains and profit off it , the Bitcoin volatility could reach expectations ,if many starts placing valid interest in it and others , but some are never interested in that

 

[btaliat]

@Wisdom01.Not accepting crypto doesn't mean they cannot make much from it. But the fact is that they don't have much knowledge about how it works. Most people see it as being fraudulent and shouldn't be depend on. They bend on this because of the wrong orientation.

 

[Wisdom01]

@Wisdom01.Not accepting crypto doesn't mean they cannot make much from it. But the fact is that they don't have much knowledge about how it works. Most people see it as being fraudulent and shouldn't be depend on. They bend on this because of the wrong orientation.

Yeah true tho , some people have the wrong views about cryptocurrency , they think anything that involves cryptocurrency is actually fake and scam ,I think this contributes to them leaving anything that actually have to do with cryptocurrency and others

 

[btaliat]

Some governments have well had collaborated with some people that didn't like crypto, to propagate more disadvantages of crypto on their minds. There are some governments that always discourage their citizens from partaking in crypto.

 

[Riberet19]

well I do not think it is so misunderstood after all since there has been some adoption and people have seen the truth that hides behind the philosophy of Bitcoin, it is true that many people pour and have poured garbage on this asset to keep people away from it but this only reaffirms the fear they have and the cunning see the truth through the lie

 

[Margery]

The fact that bitcoin will continue to grow, no one practically doubts from people who know its history of development. It has never gone below the point of its previous fall. And where does he go? So much money has been invested in its production! He has the biggest capitalization! Get up, he's not going anywhere!