Topic: Bitcoin at $20K ? - page 6. (Read 708 times)

Exactly, it is achievable but we will all be limited to speculations at this point because the price on the market is ever fluctuating and can go anywhere depending on our demand for it or otherwise.It's best though if we can hold them for the long term instead of looking out for the least opportunity to make profit from our scanty savings of bitcoin.

Oh ! you dont want bitcoin to rise up to 20k$ ? All bitcoin investor wants that bitcoin will rise that high and you just want up to 15k$ ?
We all want that bitcoin price will go high so that we can gain more profit

I am positive that Bitcoin will hit $20k but no one would know exactly when, Back  in  2017 nobody have expected that Bitcoin will reach $10k and predicting $8k was sounds like you are crazy but we actually achieve $19k. Nothing is impossible with crypto so rallying more than $20k is a very big possibility.

don't hesitate your self because of what just happening in bitcoin price now, for me the price cycle from the beginning is over, and now this is just a new cycle to begin in bitcoin price. I mean a new cycle for a new run. this is just my opinion because I believe that even how many FUD news creates everyday that against in bitcoin, they cannot stop bitcoin from being on top. and now I do believe any moment from second quarter of this year bitcoin goes/hit $20k again or even more.

It's better to keep the investment divided into savings and crypto currency. If we are earning on the daily basis then I would suggest that we must divide a portion of this into savings at first. This will make sure that we don't end up loosing our money if something goes wrong in the crypto world.

Rest, we are making sure that, we invest on the daily basis and then make even more profits from it. If by chance bitcoin rises to values like 20k or more then we can get even higher profits this equilibrating the whole thing.

i think you should really go with your gut feeling and maybe look into it a little deeper. Basically all you're gonna get are peoples opinions, not saying people aren't right, just saying that they nobody knows for sure! i wish it was that easy!

I have heard the same arguments but I can already use my crypto to buy small everyday items in any store that accepts mastercard across the globe. So I would suggest that time is already here. I use XRP to purchase a pizza, I used BTC to shop on ebay, and I used ETH to buy drinks in a night club all with my Centra card.

So in answer to the main question yes I think Bitcoin will breach 20,000 this year

You mean the FUD? The fudsters that bitcoin keep on it's down value. There are many users waiting for the price to back to normal because price at this state has been stayed for weeks already. Yes investing in bitcoin is already in good profit when you hold it.

The only problem is the constant bad news coming against crypto, they hurt the prices more than anything.

Oh ! Very well said yeah your right buying when bitcoin price is low is a good move and wait until bitcoin price will go high. We all want bitcoin to rise bullish thats why people like us is investing in bitcoin for good profit

$20K plus was the most high price of bitcoin in a few month of 2017.

Nowadays still price of Bitcoin was stable than the past price bump like rocket.
Before the end of this year it sure will surpass $20K plus than the highest price of Bitcoin.

Now is a good time to invest. Because the price is cheap, and wait some time I'm sure bitcoin will be higher in price than the price of 20k. Do not wait for the price to rise again to invest

It seems that it will happen because downtrend is usually happen in the beginning of year so I convince myself to hold as long as possible !
And 2018 may the highest value for bitcoin history, IMO

https://www.ethnews.com/market-manipulation-101-bitcoin-futures
https://www.cnbc.com/2018/01/17/as-the-first-bitcoin-futures-expire-price-and-volume-concerns-arise.html

It was not bullish trend at all, what had happen was merely a coincidence of many events that caused the bitcoin to drop dramatically down below. The most profound reason for that goes like below:

October 2017            : Up surge for the bitcoin started after two forks and china fall.
November 2017        : Bitcoin stopped at 9-10K USD and led to fire of buying the bitcoin throughout the world. There were thousands of speculations that were coming   true in that month and everyone got the feeling that it will cross the 15K price or so.
November End 2017  : The news came out from the Wall Street that Futures will list the bitcoin as official commodity of their platform. This led to huge buy orders and increased in the market cap leading to higher prices.
December 2017         : Prices reached ATH 20K in two- three weeks.
December End 2017  : The events like Christmas, New Year etc., got people into situation where they wanted to sell BTC for the fiat money and this started the panic chain reaction. The prices went down to 13-15K and moved around there for long.
January 2017.          : Panic Selling at the start of month started and XRP, LTC got dominance over the other coins.

This was the actual drama that happened with the bitcoin and Im pretty sure that we will regain the dominance soon. So go ahead and invest, its just matter of time, few good and bad events that decides the ultimate fate of the bitcoin.

Bitcoin price won't reach $20k soon (at least 2 more months). I think altcoins will be growing for a bit longer.

Of course Bitcoin will reach $ 20K can even more .. but we can not predict when it will happen .. Because this is a market where more and more people are buying the market price will rise where it is otherwise .

if bitcoin price is too high, fee will be the problem. you can see some people always complain about fee in here and actually it is look really high because bitcoin price. about future money i don't think it will really work. but for investment it will be good

Well, I will try to predict it. If we look at the growth bitcoin prices from year to year I'm sure bitcoin prices will be more reaching the price of 20k. For example, bitcoin prices by the end of 2016 cost only $900 but by the end of 2017 bitcoin prices could reach $19000. If using technical analysis I'm sure it will reach over 20k.

Yes, there are possible chances to increase the price of the bitcoin but for that we have wait and yes now it is the right time to buy and hold the bitcoin to make more profit on bitcoin.

I believe Bitcoin wouldn't run up to the all-time high yet again. not until the mass Segwit Wallet adoption and the implement of the lightning network. I'm pretty sure the rise is too much and need a good news for Bitcoin to break the last all-time high. Well, that my assumptions based on how Bitcoin technical doing not based on the chart.