Are we going to 5,000 $/btc ? - page 5.

Heartilly

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Quote from: TryNinja on June 14, 2017, 02:56:44 PM

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.

agustina2

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Quote from: TryNinja on June 14, 2017, 02:56:44 PM

Quote from: buenav on June 13, 2017, 07:28:37 PM

Quote from: tonlong on June 12, 2017, 12:54:06 PM

I personally think bitcoin will increase but not expecting $5000 by this year without any big events. I think $5000 in 2018.

Its pumped super fast over the past weeks and doubled in under a month. Assuming that happens again, or even if it pumps much slower I don't see why $5000 won't happen this year.

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.

But in a case that bitcoin survived that August 1 happening, surely bitcoin will give us another new trend. The hype it will build will become more stronger and soon that $5,000 target is achievable.

Honestly Im worry with that as time closes by but like in the past, there are lots of major events that wants to changed what bitcoin is but never become a succesful. Hoping for the best here.

TryNinja

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Quote from: buenav on June 13, 2017, 07:28:37 PM

Quote from: tonlong on June 12, 2017, 12:54:06 PM

I personally think bitcoin will increase but not expecting $5000 by this year without any big events. I think $5000 in 2018.

Its pumped super fast over the past weeks and doubled in under a month. Assuming that happens again, or even if it pumps much slower I don't see why $5000 won't happen this year.

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.

Rizky Aditya

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Activity: 700

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Quote from: Mpamaegbu on June 13, 2017, 05:26:55 AM

Quote from: ItchyIrish on June 10, 2017, 11:56:29 AM

Is it possible to reach 5,000 $ /btc this week or next week ?

Nah! I don't even think we can get to the $5,000 price now, not even in July or August. It may be possible before the end of this year because I strongly believe 2017 is the year for Bitcoin.

yes you are right it is bot possible that the price of bitcoin reach 5000 dollars in a week or July or August because the price of bitcoin is not reach to even 3000 dollars, its price is now about 2500 dollars and it is impossible in even in this year or next that the price reach to 5k $ but i think may be this will be possible in the end of 2018 or in the beginning of 2019.

ImHash

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Unlikely, $5000 is a fortune and not everyone could afford to stay an active trader, we need to grow in value slowly, pumping the price will cause a real bubble to form and when it bursts it will further disappoint investors and new comers then you'll see people coming here and talking about a bubble and spread negative energy around here.
Something like a $100 increase would be nice every week to allow day traders and investors to prioritize their schedules.
However I really don't care about current prices.

x2666

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Quote from: buenav on June 13, 2017, 07:28:37 PM

Quote from: tonlong on June 12, 2017, 12:54:06 PM

I personally think bitcoin will increase but not expecting $5000 by this year without any big events. I think $5000 in 2018.

Its pumped super fast over the past weeks and doubled in under a month. Assuming that happens again, or even if it pumps much slower I don't see why $5000 won't happen this year.

That's a big assumption. Bitcoin could be valued much higher already and probably would be if it were going to go up to $5,000 this year. I think this 3k price we recently reached was way too much about 2x the real value. $900-$1300 was where we left the ground. USDT manipulation and disallowing of withdraws on bitfinex and more.... caused a bunch of illogical market action that grew into exuberance and irrationality as new people came on board. Exchanges have become more comfortable with big risk because their users are carrying their huge risk burden by default.

I hope a bear makes a killing. These last 3 months have been fishy as hell and I know they like fish.

buenav

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Quote from: tonlong on June 12, 2017, 12:54:06 PM

I personally think bitcoin will increase but not expecting $5000 by this year without any big events. I think $5000 in 2018.

Its pumped super fast over the past weeks and doubled in under a month. Assuming that happens again, or even if it pumps much slower I don't see why $5000 won't happen this year.

Pamadar

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Quote from: phaddie on June 13, 2017, 07:10:11 PM

If we are talking about possibilities, then yes, it is possible that Bitcoin will reach 5000 USD by next week. Who knows, right? Bitcoin never seizes to amaze anyone from us and maybe, just maybe, Bitcoin will give us that surprise. However, if this amount is reached within a week, we might see a sudden drop from that peak. It might bring a bad news for users if that happens.

and that's correct mate its much better to climb little by little and allow the growth naturally, if btc support really bring the value to that level well that's a good news for all of us since support will not allow the certain fall but like what we always did just invest the money that can afford to lose as fluctuation always preset with btc value.

phaddie

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If we are talking about possibilities, then yes, it is possible that Bitcoin will reach 5000 USD by next week. Who knows, right? Bitcoin never seizes to amaze anyone from us and maybe, just maybe, Bitcoin will give us that surprise. However, if this amount is reached within a week, we might see a sudden drop from that peak. It might bring a bad news for users if that happens.

BunnyShibe

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Quote from: Creepings on June 13, 2017, 05:51:03 AM

Quote from: Mpamaegbu on June 13, 2017, 05:26:55 AM

Quote from: ItchyIrish on June 10, 2017, 11:56:29 AM

Is it possible to reach 5,000 $ /btc this week or next week ?

Nah! I don't even think we can get to that price in July or August. It may be possible before the end of this year because I strongly believe 2017 is the year for Bitcoin.

Yeah, that may take another 2 years before it reaches that big price, it reaches $3000 price but it just go back to normal. It can't stay in that price maybe because the users are being happy with that price and selling their bitcoins because it is a good price and profit.

not i think we are going to cross 5000$ very soon, we are not going to wait for 2 years but it is expected that we will cross 5000$ in 2018. because still people are buying bitcoin which is increasing the demand a decreasing the supply, and therefore the price of bitcoin is also increasing. and those people who are holding bitcoin from a long time they are also not ready to sell their bitcoin but still holding it and they are expecting that the price to increase more.

logicgate

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Quote from: Mpamaegbu on June 13, 2017, 05:26:55 AM

Quote from: ItchyIrish on June 10, 2017, 11:56:29 AM

Is it possible to reach 5,000 $ /btc this week or next week ?

Nah! I don't even think we can get to the $5,000 price now, not even in July or August. It may be possible before the end of this year because I strongly believe 2017 is the year for Bitcoin.

no, it is not possible that bitcoin will be reach 5,000 $ to till the end of 2017, I think may be it will reach 5,000 $ to till the end of 2018 because it depend on investors if they invest their money in bitcoin, so the price of bitcoin will be reach 5,000$ very faster.

Creepings

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Quote from: Mpamaegbu on June 13, 2017, 05:26:55 AM

Quote from: ItchyIrish on June 10, 2017, 11:56:29 AM

Is it possible to reach 5,000 $ /btc this week or next week ?

Nah! I don't even think we can get to that price in July or August. It may be possible before the end of this year because I strongly believe 2017 is the year for Bitcoin.

Yeah, that may take another 2 years before it reaches that big price, it reaches $3000 price but it just go back to normal. It can't stay in that price maybe because the users are being happy with that price and selling their bitcoins because it is a good price and profit.

Mpamaegbu

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Quote from: ItchyIrish on June 10, 2017, 11:56:29 AM

Is it possible to reach 5,000 $ /btc this week or next week ?

Nah! I don't even think we can get to the $5,000 price now, not even in July or August. It may be possible before the end of this year because I strongly believe 2017 is the year for Bitcoin.

ridery99

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Stay careful, this might be a real bear this time!

tonlong

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I personally think bitcoin will increase but not expecting $5000 by this year without any big events. I think $5000 in 2018.

carlisle1

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Quote from: ItchyIrish on June 10, 2017, 11:56:29 AM

Is it possible to reach 5,000 $ /btc this week or next week ?

It is possible but not within this week or next week unless there will be a huge pump coming in the next few days , but since the price isn't increasing very fast it is really impossible and I guess it would take one and a half year . As of now the only value that is quite possible to reach is $3000 .

maokoto

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I think 5000 would mean many many new dollars put into Bitcoin. Do not think that is possible in such a short time. It is true that the price doubled in just days, but to get a 1500 dollar raise is not the same as to raise by 2000$ AFTER having raised that 1500.

That would mean too much new money put into bitcoin in too short a time. $5000 by the year end is more likely.

SvenBomvolen

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5000$ this or next week is just impossible I think. But new record 3000$ is possible as never before! Cheesy

BitHodler

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Quote from: DeathAngel on June 11, 2017, 11:34:39 AM

I don't think we'll see $5000 in 2017. Surely that's too much of a rise from the current price. Price rises of that magnitude are dangerous so I'd rather consider a slow & steady climb.

Bitcoin is too unpredictable to rule out the $5000 mark for this year. Don't forget that the price on January 01 was hovering below the $1000 mark. In all honesty, who did ever expect to see $3000 in just 6 months?

I certainly didn't expected this to happen, and for that reason I am not going to rule out seeing the $5000 mark this year. I also prefer stable growth, but it's not up to us unfortunately.

skorupi17

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Quote from: ItchyIrish on June 10, 2017, 11:56:29 AM

Is it possible to reach 5,000 $ /btc this week or next week ?

If we are talking about possibilities, then yes, it is possible that Bitcoin will reach 5000 USD by next week. Who knows, right? Bitcoin never seizes to amaze anyone from us and maybe, just maybe, Bitcoin will give us that surprise. However, if this amount is reached within a week, we might see a sudden drop from that peak. It might bring a bad news for users if that happens.

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