Is it possible to reach 5,000 $ /btc this week or next week ?
The week is about to end and we are not even close to that, we are at half the price of 5000 dollar, this should show us that we need to be positive but we must not get carried away and think bitcoin is some kind of magical money that grows out of trees, bitcoin in the long run will go up but it will not go up that fast anymore. 
Topic: Are we going to 5,000 $/btc ? - page 4. (Read 5399 times)
no not soon this month btc price may go down below $2000 or more maybe next month we can expect price to go up.
Well it's a hard thing to break the barrier of $3k and $5k is going to be far from now. Well we are now on a bullish roller coaster ride but once we get into the dip and slope. The price may get back higher again, I will be good at selling back at $3k. I always miss the action of selling and I haven't ride any of it since last year.
Bitcoin need some momentum in order to achieve $5000 as last rally made it increased from $1300 to $2800 within a month.
I think it won't be easy because many people will quit after find out bitcoin fees is too high and has long time confirmation.
Unless this problems could be solved, than bitcoin could reach that price someday, not this month or next month but maybe in the end of the year.
no not soon this month btc price may go down below $2000 or more maybe next month we can expect price to go up.
If your mindset is good and always positive? Yes, we are going to reach 5000$ in bitcoin. There's nothing wrong with that if we believe it. It's a great deal also. For the beginner to encourahe them to use it as there income or for those who want to have an extra money that they would not spent there time in office.
Definitely takes time to reach the target, the price of 5000USD is not impossible. Now this increase is always in support by some positve news, but a few hours ago bitcoin prices decreased. But there may be only a slight correction and will rise again as some countries reopen the door for bitcoin regulation.
If your mindset is good and always positive? Yes, we are going to reach 5000$ in bitcoin. There's nothing wrong with that if we believe it. It's a great deal also. For the beginner to encourahe them to use it as there income or for those who want to have an extra money that they would not spent there time in office.
Just start googling and do research. Get a wide variety of views and you can get an idea of where it is going. It is not going anywhere but up long term, I mean real long ie years and decades. There will always be some hickups, corrections if you will but overall expect a price increase year after year.
Big wigs in media and business tv personalities that thought bitcoin was a joke, a fluke are now bullish. Money morning is a good site a guy named david usually does a weekly price. Lot to digest lot to learn bUT the future is bright!
Big wigs in media and business tv personalities that thought bitcoin was a joke, a fluke are now bullish. Money morning is a good site a guy named david usually does a weekly price. Lot to digest lot to learn bUT the future is bright!
OK, I`m a newbie and I do not understand how much bitcoin can actually worth one day, and where is this price going. Can someone clear that for me, what are we waiting for? This threads " are we going to $4000, are we going to $5000 " are all the same, and most of the comments are same, and I do not see the point, where this price is going, and when will this rise stop?
There's always a the same scenario and drama way back when the price was still at $1,000 and it did have hard time to come back on that state. But upon reaching $2k it did went up easily but now on $3k-$5k there's always a barrier on it. I guess the same thing will happen, $1k hard>$2k easy>$3k hard>$4k easy>$5k hard.
Major correction, use it as a buying opportunity today!
Correct. I think the reason for the price to tank is the announcement from Bitmain to start mining their own version of Bitcoin if SegWit happens to activate through UASF. It's just another bit of drama that comes from the side of the miner. I don't rule out that we will test $2000 in the coming 24-48 hours. If we happen to maintain our position above $2000, we'll slowly bounce back up, but if we happen to fall below $2000, we might stay there for a while.
There are some things coming up in a couple months. That MAY drive the price up but for the next month or so we may actually dip down in price below $2000. Now is the time to book profits, after June is over, its not a good idea to sell because the price may abruptly start to rise.
Yeah, this this upcoming network splitting will be getting on the nerves of the users and may cause a panic but after it, damn, expect the price to rise beyond $3000. But I do not expect it to increase more than that, many users are saying that Australia is not that big so I am not expecting a $4000 price, maybe next year.
Answer not any time soon. What is with all of these off the wall questions. Will bitcoin reach this when will it reach that. Who the hell knows if we had the answer we would not be on a message board.
Major correction, use it as a buying opportunity today!
Major correction, use it as a buying opportunity today!
no not soon this month btc price may go down below $2000 or more maybe next month we can expect price to go up.
Well it's a hard thing to break the barrier of $3k and $5k is going to be far from now. Well we are now on a bullish roller coaster ride but once we get into the dip and slope. The price may get back higher again, I will be good at selling back at $3k. I always miss the action of selling and I haven't ride any of it since last year.
Unlikely, $5000 is a fortune and not everyone could afford to stay an active trader
How do you think this will be when the price will hover around the $10,000 level at some point? Bitcoin becomes less affordable for the general public year on year, and this will only continue in the forthcoming years. People have to nurse themselves with smaller chunks of a whole Bitcoin in order to "stay in the game". Exchanges already offer the option to switch to mBTC - instead of buying yourself 0.1BTC (one tenth of a whole unit), you'll be buying 100mBTC (100 units). Effectively it's all the same, but psychologically it's an important aspect that changes how people look at this situation - see it as a more is better sort of logic.
no not soon this month btc price may go down below $2000 or more maybe next month we can expect price to go up.
There are some things coming up in a couple months. That MAY drive the price up but for the next month or so we may actually dip down in price below $2000. Now is the time to book profits, after June is over, its not a good idea to sell because the price may abruptly start to rise.
Yeah, this this upcoming network splitting will be getting on the nerves of the users and may cause a panic but after it, damn, expect the price to rise beyond $3000. But I do not expect it to increase more than that, many users are saying that Australia is not that big so I am not expecting a $4000 price, maybe next year.
If Segwit is activated now we will be at $5000 very quickly. Markets hate uncertainty. Either way Segwit will be activated August 1st via UASF BIP 148. A chain split may or may not occur its too early to tell. Just make sure your have your bitcoin off exchanges and in a cold storage wallet where you control your keys by August 1st in case it does happen.
It won't becausee there is too much hapenning with Bitcoin at the moment.
Still no scalability fix and our Bitcoin just got threatened by Jihan because of the UASF coming soon on August 1st.
https://blog.bitmain.com/en/uahf-contingency-plan-uasf-bip148/
Considering all that has happened recently, I imagine that Bitcoin is only alive because it is the pioneer in the world of cryptocurrencies and is already accepted and stamped as the "virtual currency" all over the world. Just compare Bitcoin with other currencies in the market and you will see how expensive our fees are, how slow our transactions are and how divided our community is, which ends up destroying the currency and its growth in the future.
I imagine we could have hit the $5000 some time ago if it wasn't for all this problems keeping Bitcoin's growth stuck.
Keep your Bitcoin, but also buy promising coins like Dash, Decred and Litecoin just in case.
So what is the exactly will happened on August 1? What are some of the effect that it will give to bitcoin?
Is the price decrease now prior to the date have higher chances or just a FUD to take profits? We compare bitcoin fees now to other cryptos because other cryptos doesn't have a high price today and demands and usage are not too much.
So, what will happen on Aug 1st 2017?
Well, the basic story is that a majority of the bitcoin nodes will try to force the miners to implement a protocol upgrade proposal called BIP148.
They will try to do this to end the stalemate between the various parties in the block size debate which has stalled the evolution of Bitcoin over the last year or so.
Transaction fees are very high right now because of this.
This may play out in a couple of different ways but basically, your main concern should be a possible chain split after a fork.
A chain split will result in two different tokens. This happened to Ethereum last year and it has happened to other cryptocurrencies too.
If you don’t control your keys during a chain split three main things may happen:
Your bitcoin balance will stay the same and you will be able to use that bitcoin token as usual.
Your bitcoin balance will be zero over night since your wallet chose the wrong chain
Your wallet provider will offer you a chance to keep your token balance on both chains or to choose one of them
If you do control your keys you will have the same balance on both chains and you will be able to trade one for the other, effectively increasing your total bitcoin balance. In the case of a chain split there’s a big chance that bitcoin will lose its value, however. Either way, you’re better off knowing what you’re doing and in Bitcoin there’s no way of faking that. Now go on and educate yourself! Google BIP148, Segregated Witness, cold storage, soft forks and hard forks! It’s your donkey that’s on the line!
http://www.coindesk.com/bitcoins-independence-day-could-users-tip-the-scales-in-the-scaling-debate/
Stay careful, this might be a real bear this time!
I agree. From what I watch in the markets I am starting to see a trend in the money flow index X volume, I think we could have some manipulation in the markets to keep us at this mark.
I think before we see any more sharp rising. we are 100% guaranteed a setback in the price.
Be careful.
There are some things coming up in a couple months. That MAY drive the price up but for the next month or so we may actually dip down in price below $2000. Now is the time to book profits, after June is over, its not a good idea to sell because the price may abruptly start to rise.
It won't becausee there is too much hapenning with Bitcoin at the moment.
Still no scalability fix and our Bitcoin just got threatened by Jihan because of the UASF coming soon on August 1st.
https://blog.bitmain.com/en/uahf-contingency-plan-uasf-bip148/
Considering all that has happened recently, I imagine that Bitcoin is only alive because it is the pioneer in the world of cryptocurrencies and is already accepted and stamped as the "virtual currency" all over the world. Just compare Bitcoin with other currencies in the market and you will see how expensive our fees are, how slow our transactions are and how divided our community is, which ends up destroying the currency and its growth in the future.
I imagine we could have hit the $5000 some time ago if it wasn't for all this problems keeping Bitcoin's growth stuck.
Keep your Bitcoin, but also buy promising coins like Dash, Decred and Litecoin just in case.
So what is the exactly will happened on August 1? What are some of the effect that it will give to bitcoin?
I'd like to know this as well. Seems like a lot of FUD is going around about this date
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