Bitcoin breaking $20,000 again? | Bitcointalksearch.org

Efiraboy

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Quote from: BigTeeths on October 08, 2018, 10:47:51 PM

Quote from: blmpnetwork on May 11, 2018, 01:59:12 AM

We all have seen how bitcoin crossed $20,000 in December . When do you think this will happen again?

Well, I remember last year where people are so hopeful to see bitcoin touch $10k inspite of the huge bans but what happened is it doubled the expected the price in December. I am expecting the same outcome this year where people are optimistic with the $50k all time high and the bitcoin will surpass that again.

No, I don’t think this will happen again. In the previous year the demand for bitcoin was very high and in the year demand is very low and even nil, therefore I can say that the price will not increase like the previous one. If it reaches to $10000 till the end of December this year it will be enough because the market is very tough and there is no green signal.

JayJuanGee

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Quote from: realBitcoiner on October 14, 2018, 03:37:35 AM

Quote from: JayJuanGee on October 08, 2018, 07:31:51 PM

Quote from: messito on October 08, 2018, 07:05:00 PM

I think that this will not happen again until the spring of 2019 because now the bear market

You are assuming "bear market" Hello?

Just to let you know (just in case you don't realize it), we are currently in a BTC price correction or alternatively a "consolidation," which is not the same as "bear market."

In other words, your assertion of "bear market" remains premature.

I am not saying that "bear market" might not happen down the road, but we are not quite there yet, even though some folks like to prematurely and presumptively describe where we are at, currently, based on future assumptions of downward BTC price movement (or a very long period of sideways), neither of which has happened yet.

I also think that in this year it is not possible because there are just two and a half months to go in this year and the target is very high. There is a huge difference between the current price and $20000. Hope the next year will be good for bitcoin price. When more and more people invest their money in bitcoin and the investment cap increase the price will also increase.

The right question is NOT about whether $20k is possible, but instead regarding how likely it is. When you say that you think that it is not possible, you seem to be overstating the issue, and more accurately you should be saying that you believe that $20k is "not likely." Of course it is possible, just a matter of how likely 1%? 5%? 20%? Many would conclude that it is less than 50%, including me. Perhaps if I am being optimistic, I would place getting BTC to $20k by the end of this year in about the 33.3% arena, but I recognize that might be a bit much, but it is far from 0%, which would be a "not possible" assessment.

realBitcoiner

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Quote from: JayJuanGee on October 08, 2018, 07:31:51 PM

Quote from: messito on October 08, 2018, 07:05:00 PM

I think that this will not happen again until the spring of 2019 because now the bear market

You are assuming "bear market" Hello?

Just to let you know (just in case you don't realize it), we are currently in a BTC price correction or alternatively a "consolidation," which is not the same as "bear market."

In other words, your assertion of "bear market" remains premature.

I am not saying that "bear market" might not happen down the road, but we are not quite there yet, even though some folks like to prematurely and presumptively describe where we are at, currently, based on future assumptions of downward BTC price movement (or a very long period of sideways), neither of which has happened yet.

I also think that in this year it is not possible because there are just two and a half months to go in this year and the target is very high. There is a huge difference between the current price and $20000. Hope the next year will be good for bitcoin price. When more and more people invest their money in bitcoin and the investment cap increase the price will also increase.

airdrophunter

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Reaching backing again that price is always been a big question in this forum around. But with the adaptation of bitcoin increases each year, there is always a big possibilities to see a 2017esque year of crypto again.

BigTeeths

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Quote from: blmpnetwork on May 11, 2018, 01:59:12 AM

We all have seen how bitcoin crossed $20,000 in December . When do you think this will happen again?

Well, I remember last year where people are so hopeful to see bitcoin touch $10k inspite of the huge bans but what happened is it doubled the expected the price in December. I am expecting the same outcome this year where people are optimistic with the $50k all time high and the bitcoin will surpass that again.

JayJuanGee

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Self-Custody is a right. Say no to"Non-custodial"

Quote from: messito on October 08, 2018, 07:05:00 PM

I think that this will not happen again until the spring of 2019 because now the bear market

You are assuming "bear market" Hello?

Just to let you know (just in case you don't realize it), we are currently in a BTC price correction or alternatively a "consolidation," which is not the same as "bear market."

In other words, your assertion of "bear market" remains premature.

I am not saying that "bear market" might not happen down the road, but we are not quite there yet, even though some folks like to prematurely and presumptively describe where we are at, currently, based on future assumptions of downward BTC price movement (or a very long period of sideways), neither of which has happened yet.

JayJuanGee

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Activity: 3836

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Self-Custody is a right. Say no to"Non-custodial"

Quote from: El duderino_ on October 08, 2018, 05:04:27 PM

Quote from: JayJuanGee on October 08, 2018, 08:23:25 AM

Quote from: roglopolo on October 08, 2018, 07:48:20 AM

If the price of BTC continues to fall, then most likely this year the price will not grow to $ 20,000. Now it is difficult to predict what will happen next year.

What are you talking about? Continues to fall?

Bitcoin prices fell to a bit below $6k in early February and has largely been bouncing between $10k and $6k since then.

That is not really a "continues to fall" situation.

Otherwise I agree with you that it is difficult to predict when UP will resume, especially referring to $20k... best case scenario would probably take a couple of months - if there were really decent news... but there is likely to be resistance at several points on the way up.. at least minimally in the $10k arena and likely in the $16k arena, too.

thats BULLISH Grin

Hahahahaha...

You caught me, micpeep, and it seems that I had not finished my whole thought, which would be that "best case scenario" would be to surpass $20k in a couple of months, and more average scenario would be to surpass $20k in 8-24 months, and a more bearish scenario would require 36 months to 5 years to reach ATH again.

Of course the worser case scenarios would be that BTC is never going to reach $20k ATH again, and that would be a pretty high extreme that does not have decently probable scenarios - even though various never to ATH again scenarios are spouted out by FUD spreaders, no coiners, unknowledgeable about BTC folks and BTC naysayers.

messito

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I think that this will not happen again until the spring of 2019 because now the bear market

El duderino_

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Quote from: JayJuanGee on October 08, 2018, 08:23:25 AM

Quote from: roglopolo on October 08, 2018, 07:48:20 AM

If the price of BTC continues to fall, then most likely this year the price will not grow to $ 20,000. Now it is difficult to predict what will happen next year.

What are you talking about? Continues to fall?

Bitcoin prices fell to a bit below $6k in early February and has largely been bouncing between $10k and $6k since then.

That is not really a "continues to fall" situation.

Otherwise I agree with you that it is difficult to predict when UP will resume, especially referring to $20k... best case scenario would probably take a couple of months - if there were really decent news... but there is likely to be resistance at several points on the way up.. at least minimally in the $10k arena and likely in the $16k arena, too.

thats BULLISH Grin

JayJuanGee

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Self-Custody is a right. Say no to"Non-custodial"

Quote from: roglopolo on October 08, 2018, 07:48:20 AM

If the price of BTC continues to fall, then most likely this year the price will not grow to $ 20,000. Now it is difficult to predict what will happen next year.

What are you talking about? Continues to fall?

Bitcoin prices fell to a bit below $6k in early February and has largely been bouncing between $10k and $6k since then.

That is not really a "continues to fall" situation.

Otherwise I agree with you that it is difficult to predict when UP will resume, especially referring to $20k... best case scenario would probably take a couple of months - if there were really decent news... but there is likely to be resistance at several points on the way up.. at least minimally in the $10k arena and likely in the $16k arena, too.

roglopolo

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If the price of BTC continues to fall, then most likely this year the price will not grow to $ 20,000. Now it is difficult to predict what will happen next year.

gtglener

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Quote from: Artos893 on September 13, 2018, 04:57:21 PM

Quote from: blmpnetwork on May 11, 2018, 01:59:12 AM

We all have seen how bitcoin crossed $20,000 in December . When do you think this will happen again?

If the price continues to grow so rapidly, then most likely by the end of the year the price will grow to 8000-9000 $. I hope we will get a good profit.

Nope, there is one thing which is maintaining the situations as it as which is our bad habit to sell for small profit in this low market. Here the price increase a little there we sell for what, just for small profit which is irrelevant if you have high profit getting opportunity then it is useless to sell in low market which does not let the price maintain its increase tend. So we have to take care of everything and treat it as a long term investment.

lemipawa

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I don't think this will happen. Last year bull run from $2500 to $20,000 is caused by new investors who switched from wall street to Cryptos and other new individual investors who are curious who investing in Cryptos will work. They pulled out after reaching $20,000, some pulled out later on. They are just in for the profits and not for the love of it.

suzanne5223

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Quote from: hawkins on September 14, 2018, 03:52:19 AM

Quote from: KenChanYu on September 12, 2018, 02:16:58 AM

Quote from: hawkins on September 12, 2018, 12:02:54 AM

Quote from: sirohige on September 11, 2018, 10:03:33 AM

maybe it will happen if there is good news that can trigger an increase in bitcoin prices if there is no good news that makes investors buy bitcoin then it will be very difficult to be able to increase prices again, I believe this year something shocking will happen.

hopefully it will happen again. I know, so many people are waiting for that to happen, and now many people are holding back their bitcoin, even using this moment to buy bitcoin. well, you can say bitcoin prices are stable at $ 6k, and we just have to wait until the price rises again.

Speculator's prediction is accurately good contribution to engage others on avoiding of panic selling. Thus the current market is quite hard to analyze and determine on when it will start to progress . But only the fastest progression is what people's bidding for the remaining months of this year and 2019 is an expected thriven for the desirable peak $20k or more over. And this is the most awaiting transpiration on crypto world.

well, in the end we all think that this year is very difficult to achieve that. a lot of speculation this year is really outside our minds. well, but we all believe that in 2019, crypto will probably shine again.

This is not a situation of thinking cause the bitcoin market will never break the $20,000 price range because the exact things happen back in the year 2016 when the cryptocurrency market experienced some market correction. Therefore, next will be the year which the cryptocurrency investors and traders will make up for their losses and best thing everyone ought to do now is buying dip.

infonik

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I think this kind of thing is almost impossible this year. The reason why most of the market last year was able to land on the moon was from the rise of ICO. I have not seen any projects that can attract a large number of investors this year!

hawkins

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Quote from: KenChanYu on September 12, 2018, 02:16:58 AM

Quote from: hawkins on September 12, 2018, 12:02:54 AM

Quote from: sirohige on September 11, 2018, 10:03:33 AM

maybe it will happen if there is good news that can trigger an increase in bitcoin prices if there is no good news that makes investors buy bitcoin then it will be very difficult to be able to increase prices again, I believe this year something shocking will happen.

hopefully it will happen again. I know, so many people are waiting for that to happen, and now many people are holding back their bitcoin, even using this moment to buy bitcoin. well, you can say bitcoin prices are stable at $ 6k, and we just have to wait until the price rises again.

Speculator's prediction is accurately good contribution to engage others on avoiding of panic selling. Thus the current market is quite hard to analyze and determine on when it will start to progress . But only the fastest progression is what people's bidding for the remaining months of this year and 2019 is an expected thriven for the desirable peak $20k or more over. And this is the most awaiting transpiration on crypto world.

well, in the end we all think that this year is very difficult to achieve that. a lot of speculation this year is really outside our minds. well, but we all believe that in 2019, crypto will probably shine again.

mejalipat

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I don't know if it will happen again because bitoin prices are difficult to predict, if bitcoin reaches a price like last year it will make the market more crowded and the economy will rise again and all bitcoiners will be very happy

kudus11

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Quote from: blmpnetwork on May 11, 2018, 01:59:12 AM

We all have seen how bitcoin crossed $20,000 in December . When do you think this will happen again?

I think and hope that the price of bitcoin will reach another $ 20,000 by the end of this year, hopefully many of those who have the same thoughts with me, please

Artos893

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Quote from: blmpnetwork on May 11, 2018, 01:59:12 AM

We all have seen how bitcoin crossed $20,000 in December . When do you think this will happen again?

If the price continues to grow so rapidly, then most likely by the end of the year the price will grow to 8000-9000 $. I hope we will get a good profit.

arikassuja

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I am a little hesitant to be able to recover the price to the price of $ 20k again because the current conditions are already very heavy and the demand for bitcoin and bitcoin enthusiasts has begun to weaken which in turn makes the condition of bitcoin to be reduced and make prices fall.

Topic: Bitcoin breaking $20,000 again? (Read 3425 times)