Bitcoin at USD20,000 | Bitcointalksearch.org

Panchum

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Quote from: Tonestra on March 04, 2018, 05:37:41 AM

What are the economic and political dynamics that can positively drive bitcoin price to and above the critical price of USD20,000? Is this possible before the end of the first quarter of 2018?

I don't lose hope,lm wishing that this coming months bitcoin will rise up to $20000.l know bitcoin will not frustrate bitcoiners to win the promising price of bitcoin to make the world a progressive currency to all the world. That bitcoin will be the hope of all nations to wipe out poverty to all countries. Bitcoin will be powerful because even the powerful people of this earth will amazed to bitcoin because of what bitcoin can give.

allohha

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Quote from: nightfury on March 07, 2018, 09:36:28 AM

Quote from: Tonestra on March 04, 2018, 05:37:41 AM

What are the economic and political dynamics that can positively drive bitcoin price to and above the critical price of USD20,000? Is this possible before the end of the first quarter of 2018?

Bitcoin's price may be due to economic and political dynamics but what affects it greatly is due to peoples demand over it. A 20,000$ worth per bitcoin is achievable if the demand of people becomes high again. With bitcoin's recent pump to 11,000$ from 5,000$ in just 2 weeks is a good sign that bitcoin still has the power and strength to climb back to that market value within this year.

to date, the forum bitcointalk gathered a huge number of people who make predictions about the prospects for Bitcoin for the future of a very fantastic nature. They would in time help Stephen Spielberg write stories for fantastic films about high technology. We see today the real prices for Bitcoin.

nightfury

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Quote from: Tonestra on March 04, 2018, 05:37:41 AM

What are the economic and political dynamics that can positively drive bitcoin price to and above the critical price of USD20,000? Is this possible before the end of the first quarter of 2018?

Bitcoin's price may be due to economic and political dynamics but what affects it greatly is due to peoples demand over it. A 20,000$ worth per bitcoin is achievable if the demand of people becomes high again. With bitcoin's recent pump to 11,000$ from 5,000$ in just 2 weeks is a good sign that bitcoin still has the power and strength to climb back to that market value within this year.

paul00

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If you have joined Bitcoin inthe beginning of 2017 or earlier I think you will agree that in Bitcoin you will never know what will actually happen at the end of the year. Based on the trend of the last quarter of 2017, Bitcoin unexpectedly soared and many users have suddenly become millionaires out of it and we can only hope that the same thing would happen on 2018 and the years to come.

Oasisman

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Quote from: Tonestra on March 04, 2018, 05:37:41 AM

What are the economic and political dynamics that can positively drive bitcoin price to and above the critical price of USD20,000? Is this possible before the end of the first quarter of 2018?

I dont think someone could answer this question right now since we're still at the early stage of the year like what you said, but certainly political involvement with crypto does only affect small portion of the price. The huge part is being played by the big players in the crypto world. I mean it's safe to say that crypto currency and its price can be manipulated. Now, if you notice the usual trend of BTC price flow, during the 1st quarter from the years passed seems similar. I hope we will be seeing similar result during the mid and final quarter from last year to this year as well again.

el kaka22

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Quote from: Erelas on March 04, 2018, 05:39:21 AM

I wish I knew the answer to that question, and then had the power to make it happen (within ethical means, of course).

Seems like there is too much profit taking right now, maybe by the second quarter?

No one can obviously know the answer to that, but I would rather be looking at the first half of the year than trying to concentrate on the end of first quarter. The end of first quarter does not really look realistic at this point that much since we are already in it, unless we end up seeing a huge news that can just drive the market crazy overnight and breaking resistances without stopping and I am trying to imagine the kind of news that can perform wonders like that.

Quote from: Tonestra on March 04, 2018, 05:43:18 AM

In my own view, we need many big players like hedge funds to get involved. Also spreading less FUD can be helpful also.

Spreading less FUD is something that you may end up seeing for a very long time because it will keep happening since the whales derive a lot of benefit from it, and most of the time, that happens when there is just a lot of greed in the market. I have always loved slow moving market, staying on a support for a while, testing resistances gradually before breaking it and not just a market that will keep moving up like it is going to puncture something in the sky the way the 2017 bull run happened.

putrisa

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Quote from: Tonestra on March 04, 2018, 05:37:41 AM

What are the economic and political dynamics that can positively drive bitcoin price to and above the critical price of USD20,000? Is this possible before the end of the first quarter of 2018?

it seems that bitcoin does not have good news that is clear from the good news about bitcoin will make the price can be high and trigger the investors to re-buy bitcoin, but if there is no good news it seems to be heavy.

YinShuiSiYuan

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Quote from: Tonestra on March 04, 2018, 05:37:41 AM

What are the economic and political dynamics that can positively drive bitcoin price to and above the critical price of USD20,000? Is this possible before the end of the first quarter of 2018?

I do not think it's possible to reach 20k $ by the end of Q1. The price is growing, but for now it is a slow increase. The price can not touch 12k $. Maybe at the end of the year will be 20k $.

Reatim

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Quote from: Fedor07 on March 06, 2018, 05:54:33 AM

Bitcoin will surely get to 20.000$ at a certain time but i dont think it is going to happen by the end of the first quarter of 2018. The price is stable at 11.000$ right now and it doesnt show any sign of growing soon. It will probably grow slowly and get to 20.000$ at the end of the year because i dont think that could happen sooner .

Right. Better to see bitcoin touching $20K in Q2 of this year. If $20K will be hit at the end of the month, I'm afraid that its another bubble that will be burst anytime. So a steady growth is much acceptable at this time and its a better option in my opinion.

Quote from: futureofeth on March 06, 2018, 05:59:32 AM

Quote from: Mr.grin on March 06, 2018, 03:20:03 AM

for this month, there are no signs showing that it will happen. but sooner or later, bitcoin prices will definitely reach $ 20,000, even if it still shows a stable price at $ 11k. all we have to do is hold back the bitcoin we have.

As you can see, from the past two months Bitcoin price is kept increasing in the market from 8000$ to 11,500 $. Still, there is one more downfall in this month which it can re-bounce to 12000$ by the end of this month. By the end of the year, the price of Bitcoin will surely reach to more than $20k.

Actually the bottom that we hit is $6K. So if we hit $12K at the end of the month then its already a 50% recovery which is not that bad after a big crash of almost 70%. So if the pattern will continue, we can really see bitcoin hitting about $20K at the end of the year.

futureofeth

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Quote from: Mr.grin on March 06, 2018, 03:20:03 AM

for this month, there are no signs showing that it will happen. but sooner or later, bitcoin prices will definitely reach $ 20,000, even if it still shows a stable price at $ 11k. all we have to do is hold back the bitcoin we have.

As you can see, from the past two months Bitcoin price is kept increasing in the market from 8000$ to 11,500 $. Still, there is one more downfall in this month which it can re-bounce to 12000$ by the end of this month. By the end of the year, the price of Bitcoin will surely reach to more than $20k.

Fedor07

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Bitcoin will surely get to 20.000$ at a certain time but i dont think it is going to happen by the end of the first quarter of 2018. The price is stable at 11.000$ right now and it doesnt show any sign of growing soon. It will probably grow slowly and get to 20.000$ at the end of the year because i dont think that could happen sooner .

Bezobraznike

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Quote from: Mr.grin on March 06, 2018, 03:20:03 AM

for this month, there are no signs showing that it will happen. but sooner or later, bitcoin prices will definitely reach $ 20,000, even if it still shows a stable price at $ 11k. all we have to do is hold back the bitcoin we have.

It will not happen this month nor the next month, but this year or next
one it will. Bitcoin will reach much higher price, I plan to hold until then no
matter what! I plan to hold and to add more when ever I can!
I believe in Bitcoin, I invested money in Bitcoin and other crypto-currencies.
It is how much I believe in all this. I do not expect prices to go up with light
speed, they will grow slowly and in 2+ years this will be much bigger then it is
now.

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Quote from: Tonestra on March 04, 2018, 05:37:41 AM

What are the economic and political dynamics that can positively drive bitcoin price to and above the critical price of USD20,000?

More good news will make the price back up to $20,000. A gov't that will state that they are not going to ban bitcoin can have a very big impact.

Quote from: Tonestra on March 04, 2018, 05:37:41 AM

Is this possible before the end of the first quarter of 2018?

It will for sure.

Mr.grin

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for this month, there are no signs showing that it will happen. but sooner or later, bitcoin prices will definitely reach $ 20,000, even if it still shows a stable price at $ 11k. all we have to do is hold back the bitcoin we have.

vhiancs

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It's positive, bitcoin can reach 20,000 USD or even higher in this year base on my analysis every year the price of bitcoin currency always pump a massive amount before year end there is a new record for the price of bitcoin. But if the FUD's and whales are acted to re-manipulate the price of bitcoin for self-interest. we can do nothing about that.

Ararbermas

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IMO, 20k is not possible for this year unless if there's no another manipulation of price from the whales . Ans aslo for sure the price will continue to grow if there's no fud's around the internet. Because that is the main reason why some of the interested investors become afraid to adapt crypto. And maybe that is the reason also why bitcoin value nowadays keep fluctuate on 11k value.

naidray

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Quote from: ManaMan on March 04, 2018, 05:47:25 AM

Quote from: Tonestra on March 04, 2018, 05:37:41 AM

What are the economic and political dynamics that can positively drive bitcoin price to and above the critical price of USD20,000? Is this possible before the end of the first quarter of 2018?

We can slowly see that we are getting out of the market correction which happened due to ATHs went so fast. It is possible to hit it again I mean you never know how situation will unfold, other thing is that I do not think it will happen but it is still possible.

So far, we have switched to an uptrend and the same way the market when it switched to a downtrend tried to break so many support downwards e is the same way we are going to have this one trying to break so many resistance upward. However, like you said, we can never know how things will always turn out. We may be in a trend now and it can reverse at any time it wishes. It is just how things are most of the time.

My guess would really be mainstream adoption, having a full confirmation that even during an extremely heavy usage, the scaling issue has been solved to some extent with the segwit adoption, and the fact that big merchants are adopting it, will definitely give us the chance to see the market at that level anytime soon. No one can say if this is possible before the end of first quarter, but if I am to say from the look of things and the possibilities of how the market plays, I would say forget about the end of first quarter.

PalindromemordnilaP

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I don't think 20K USD is possible before the end of Q1 this year. The resistance make it even hard for bitcoin to reach 12.5K USD for bitcoin this week and may continue for a couple of days before we can reach 12K USD mark. So i don't think it is possible to reach 20K USD with just more than a month remaining in the 1st quarter.

Batman_20

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Quote from: bitcad4u on March 05, 2018, 02:28:35 PM

The price of is started to increase due to some positive news from Germany.I had got one news,very soon U.K bank and Bank of U.S will accept the bitcoin as legal one.But I was sure this will not occur in one or two days.Atleast it need 5- 6 months,this is not sure.It may reach before this specific period or more than this one.

That's a good news, i guess because of that matter increasing of value of bitcoin will be affected. But for now let's cheers because bitcoin price are started to grow up, I have no doubt that before end of this year bitcoin value were reach $20,000 before end of this year.

bitcad4u

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The price of is started to increase due to some positive news from Germany.I had got one news,very soon U.K bank and Bank of U.S will accept the bitcoin as legal one.But I was sure this will not occur in one or two days.Atleast it need 5- 6 months,this is not sure.It may reach before this specific period or more than this one.

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