Bitcoin's Meteoric Rise: Is the $200,000 Dream Worth Chasing or Just a Mirage?

05.12.2024 142 times read 0 Comments

Cryptocurrency: Is it Still Worth Buying Bitcoin Now? Yes, Unfortunately Already!

According to ZEIT Campus (https://www.zeit.de/geld/2024-11/kryptowaehrung-bitcoin-investieren-geld-anlegen-kurs), the value of Bitcoin has soared past $100,000 for the first time ever. This surge is attributed to a 25% increase since Donald Trump's election and a doubling over the last year. Speculations suggest it could rise above $200,000 within twelve months; however, there are also warnings about potential sharp declines that might halve its value by Christmas 2025.

Investment: Can You Still Profit from the Bitcoin Boom?

The Süddeutsche Zeitung - SZ.de (https://www.sueddeutsche.de/projekte/artikel/wirtschaft/geldanlage-bitcoin-etf-kryptowaehrungen-e110600/) reports on whether investors can still profit from the ongoing Bitcoin boom as it hits the $100,000 mark. The article highlights significant risks involved in investing during this "Bull Run," where prices have surged nearly 140% this year alone due to factors like Trump’s influence.

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Bitcoin is the Biggest Self-Deception Since the Financial Crisis

A critical perspective comes from FOCUS Online (https://www.focus.de/finanzen/boerse/kryptowaehrungen/der-groesste-selbstbetrug-seit-der-finanzkrise-hat-einen-namen-bitcoin_id_260537089.html) which labels Bitcoin as one of the biggest self-deceptions since the financial crisis. It argues that cryptocurrencies lack tangible backing and serve more speculative purposes than genuine investment opportunities.

NASDAQ Stocks Coinbase & Co.: Price Surge Due to Bitcoin's Rally

An analysis by finanzen.net (https://www.finanzen.net/nachricht/aktien/100-000er-marke-geknackt-bitcoin-hoehenflug-treibt-coinbase-microstrategy-aktien-co-zeitweise-an-14071692) reveals how companies linked with cryptocurrency experienced temporary stock surges following Bitcoin's record-breaking performance. However, these gains were short-lived amidst fluctuating market conditions influenced by political developments such as Trump's pro-crypto stance.

Opinion: Herbert Diess and the Volksbank Düsseldorf Neuss in Focus

The manager magazin (https://www.manager-magazin.de/ueber-uns/herbert-diess-volksbank-duesseldorf-neuss-bitcoin-knaus-tabbert-das-war-donnerstag-05-12-2024-a7478be92-f6bb-becd-e16f62dca7c) discusses various economic events including Volkswagen's internal challenges and their implications on broader markets alongside commentary on recent trends in digital currencies driven largely by geopolitical shifts under Trump's anticipated presidency.

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Article Summary

Bitcoin's value has surpassed $100,000 due to factors like Trump's influence, sparking both optimism for further gains and warnings of potential sharp declines. While some view Bitcoin as a speculative bubble lacking tangible backing, its surge has temporarily boosted related stocks despite inherent investment risks.

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From our perspective, currently the best mining provider on the market. With the community concept, you participate in a mining pool completely managed by professionals. A portion of the earnings are used for expansion and maintenance. We've never seen this solved as cleanly anywhere else.

» Hashing24

A well-known and established cloud hosting company. With a good entry point and in a good market phase, a good ROI can also be generated with some patience. Unfortunately, we see the durations as a major drawback.

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