I can not find a clear reason, why bitcoin can rise again.
I just believe that bitcoin will rise, and the confidence is reinforced by the number of people who believe bitcoin will go back up.
Topic: Bitcoin can go to new highs or it has already peaked? (Read 458 times)
Bitcoin hasn’t peaked yet. I expect it to break the $20,000 mark before the end of the year. All indications point to another banner year for cryptocurrency.
I believe that bitcoin has not yet reached its maximum and it seems to me that the maximum will be insane and no one can even imagine what the result will be
Due to its volatility and since market price of any cryptocurrency has no limit as it go as high as possible as so as its dropping point then there will a possibility that it will surpass its last peak price.
I think bitcoin is currently in good condition to buy because it is at low price because when bitcoin price will go to moon then its price will more then $20000 because its already touch this price and bitcoin will create new price when in ti go to the high price,
As a bitcoin user I'm sure I'll be optimistic about price increases every year. Not all digital assets are always up, some even do not develop and some are dead. My reason for bitcoin will still go up is because the number is small and the demand is still a lot, then bitcoin will always be above than others. Now bitcoin also enlarges networks in different countries. So the probability is bitcoin will go up. I also can not predict when bitcoin price will be at the top.
If you looked at the previous charts, bitcoin peaks each year has increased. So its no wonder why many people would say its a bubble. Those that are against bitcoin for whatever reasons they may have, banks, governments, etc will do everything to bring bitcoin down. For many years, they did everything but still fail. Bitcoin will still recover. People who truly understands bitcoin will continue to support bitcoin.
I heard that bitcoin is a bubble that has begun to burst, but this is not the first time that annalists says that.
Bitcoin went from as high as almost $20K last December and then we see it dramatic fall to $6K. So yeah, its looks like it has been burst.
Imo the awareness about digital assets can always increase, and investors will come across.
Of course, crypto currency is fairly young. I don't know how many have known it or how many have investment on it. Probably around 1-5% of the total population. So there's still a lot of growth in the next coming years.
Wouldn't this be a reason for such affirmative from annalists be wrong? What are other reasons that make you believe that bitcoin will rise again?
Again, despite all this crackdown from government around the world, the number one reason that bitcoin could rise is that people think that is one of the best investment to grow your money in short amount of time. Plus it can be used to transfer money around the world with less cost and fast as compare to a traditional wire transfer.
Of course it can reach a new high,bitcoin still has many potential for the future.I believe that bitcoin will be more known to the people and investor will start increasing,with this bitcoin development will be more advanced.I hope that there will be no incident like hacked exchanger or such,so that bitcoin doesn't got the negative impact.
I think it will still reach an uncertain heights, the price went down because of some reasons like banning it to other countries, the media being negative to it and the panic sellers who just doubted bitcoin and loss their profit have some factors that affect the price. I believe the price will still go up you just have to wait for more years to come since bitcoin is just coming back to gain back its momentum. Also bitcoin is more capable of getting a spot in the future, maybe it will be our future currency.
You would get different opinions from everyone. While some people feel that peak has already been reached and we won't see it getting any higher from the level it had already reached last year (20k$), I feel that it can still reach up to 30k$ mark but not now and perhaps in a few years. It all boils down to the market that comes in the market and more the money comes, higher the price goes. Also, every time a big fish enters the market, it invests huge sum of money and price automatically goes up. So, given a circumstance where hundreds of big fishes have entered the market, we can see the price soaring sky high and everyone benefiting from it.
In the end, it's obvious that bitcoin is in a perpertual transition state of bubble and bear. When it goes up, it always rises insanely because of hype and market manipulation. Then when it goes down, it always crashes so hard because of panic.
It's always a dramatic change in price, and nothing slow or gradual.
It's always a dramatic change in price, and nothing slow or gradual.
The stock market and the dollar are also bubbles. But beyond the bitcoin is the future. This is the number one cryptocurrency. Therefore, you should not doubt it.
I don't know of btc will rised above its picked price, that is $19k last years. But i do believe that btc will overcome its peak price last year, i check the history it has always been like that, it has cycle and its only repiting it.
I believe Bitcoin will be more powerful. It is still unstable in nature. But we can not control it. I think it can definitely grow or peak at the end of this year. The Japanese government and Bitcoin have already decided to use. If they get success then other countries will not disagree to use it. I hope Bitcoin will be able to get more high prices in the future.
I’m not really sure if Bitcoin will rise above its peak price of last year which is $19k, but we all do believe that Bitcoin will always go above every last peak price, if you check the history it has always been like that, though I’m not really sure of that for this year.
But what if it happens to not reach that high, will that be a reason for you to quit? It makes no sense, I don’t know why most of you are used relying on price, why don’t you find something more better, there are lots of opportunities to make money in Bitcoin and not just only buying and Hodling🤔 stop wasting your time.
But what if it happens to not reach that high, will that be a reason for you to quit? It makes no sense, I don’t know why most of you are used relying on price, why don’t you find something more better, there are lots of opportunities to make money in Bitcoin and not just only buying and Hodling🤔 stop wasting your time.
Yeah but there are people like that. Probably because they see btc only as a source of quick income. Bitcoin and crypto, aside from having profitable opportunities, is an innovation. I think people should start looking beyond the price for a while and see how it can make lives better for us in the future. 19k will not be btc's ceiling and it will be broken sooner or later
I’m not really sure if Bitcoin will rise above its peak price of last year which is $19k, but we all do believe that Bitcoin will always go above every last peak price, if you check the history it has always been like that, though I’m not really sure of that for this year.
But what if it happens to not reach that high, will that be a reason for you to quit? It makes no sense, I don’t know why most of you are used relying on price, why don’t you find something more better, there are lots of opportunities to make money in Bitcoin and not just only buying and Hodling🤔 stop wasting your time.
But what if it happens to not reach that high, will that be a reason for you to quit? It makes no sense, I don’t know why most of you are used relying on price, why don’t you find something more better, there are lots of opportunities to make money in Bitcoin and not just only buying and Hodling🤔 stop wasting your time.
I strongly believe that someday bitcoin prices will peak with high prices again, I have studied the history of prices from year to year, and each year must have a price increase rate .
I recommend everyone to read this research about "HODL waves"
Seems like next growth wave is now occurring https://blog.unchained-capital.com/bitcoin-data-science-pt-1-hodl-waves-7f3501d53f63
As long as bitcoin price is depending on the supply and demand from the people in the market.
we can expect anytime the rise more than before.
Bitcoin value may look stable now at 7900-8100 USD, but this will not go any longer and will surely rise soon,!
we can expect anytime the rise more than before.
Bitcoin value may look stable now at 7900-8100 USD, but this will not go any longer and will surely rise soon,!
What are other reasons that make you believe that bitcoin will rise again?
This is a very simple question to answer and some people have answered partially. The answer to your question is the adoption. bitcoin has increased its adoption worldwide, last year Japan adopted bitcoin and see that in Japan there are many establishments that accept bitcoin then we have south korea and if we have many more countries adopting bitcoin then we will have a big price increase. So we have to be patient that time will reward those who invest in bitcoin
Because bitcoin is controlled by its users then the possibility of bitcoin price will rise continuously is very possible, let alone the bitcoin holders with a large number of them greatly affect the movement of bitcoin prices in various crypto markets that exist. The logic looks like this:
There are large holders of bitcoin wanting higher prices and insufficient supply of bitcoin while the demand for bitcoin is very much so with it the bitcoin holders will charge the bitcoin price he has at very high prices and inevitably the demand must follow the price already installed by bitcoin holders.
There are large holders of bitcoin wanting higher prices and insufficient supply of bitcoin while the demand for bitcoin is very much so with it the bitcoin holders will charge the bitcoin price he has at very high prices and inevitably the demand must follow the price already installed by bitcoin holders.
Analists? I'm not sure these are the people you should be listening to when it comes to crypto news.
That being said, Bitcoin only has around 5 million users, whereas other payment systems like Paypal have over 500 million. Therefore, even if it only manages to increase 10 fold and reach 50 million users (still only 1/10th of Paypal), then we can expect to see a roughly 10 fold price increase.
So to answer your question, no, Bitcoin probably hasn't peaked yet.
That being said, Bitcoin only has around 5 million users, whereas other payment systems like Paypal have over 500 million. Therefore, even if it only manages to increase 10 fold and reach 50 million users (still only 1/10th of Paypal), then we can expect to see a roughly 10 fold price increase.
So to answer your question, no, Bitcoin probably hasn't peaked yet.
It could be that Bitcoin will continue to rise by tracking market developments, because of the total Bitcoin that exists worldwide with the growing number of buyers and holders of Bitcoin.
I heard that bitcoin is a bubble that has begun to burst, but this is not the first time that annalists says that.
Imo the awareness about digital assets can always increase, and investors will come across.
Wouldn't this be a reason for such affirmative from annalists be wrong? What are other reasons that make you believe that bitcoin will rise again?
Imo the awareness about digital assets can always increase, and investors will come across.
Wouldn't this be a reason for such affirmative from annalists be wrong? What are other reasons that make you believe that bitcoin will rise again?
bitcoin wouldn't last this long and much more recover if it were a bubble in the first place. The recent market dip do not show that its the effect of bitcoins bubble bursting but just a correction due to its attained value which is a common effect in its market. A lot of people believe that bitcoin will still be able to reach more than its highest peak that is why it is gradually increasing in value again.
I heard that bitcoin is a bubble that has begun to burst, but this is not the first time that annalists says that.
Imo the awareness about digital assets can always increase, and investors will come across.
Wouldn't this be a reason for such affirmative from annalists be wrong? What are other reasons that make you believe that bitcoin will rise again?
Imo the awareness about digital assets can always increase, and investors will come across.
Wouldn't this be a reason for such affirmative from annalists be wrong? What are other reasons that make you believe that bitcoin will rise again?
Take the arguments by their face value. The bubble argument has been used over and over again for so many years and until now it has not proven anything yet. It still remains a garbage, or a futile trick of some to dissuade others from joining and investing into Bitcoin. Way back when Bitcoin was still worth a few dollars, the bubble argument is already present. So trash that argument the instant it is used.
On the other hand, you have seen Bitcoin breaking new price records over the years.
Surely the price of bitcoin has not peaked yet because still bitcoin is only used by very very small amount of people when compared to the whole world population of 7 billion so the price will increase when more people starts to ise bitcoins and other cryotocurrency.But now the price of bitcoin is bumping and dumping so many people think that it will be like that forever but soon the price will go to moon so be ready for this and invest as soon as possible.
In my observation, bitcoin has not yet peaked and the current situation is only a correction and most likely this is now starting to recover again slowly that it will go for a bull market in the coming months to come. The good thing is that bitcoin has not dropped below the $7k mark. I believe many people are now much eager to invest more on btc because they had sense that anytime from now btc will make another spike that will surely surprised everyone.
I think bitcoin is not a bubble, bitcoin is a currency that has a high value by using a blockchain system.
the aspect that makes bitcoin value will be high again is still a lot of whales, and other big investors, spreading and bitcoin volume is still high, and also blockchain technology is designed for high every year.
the aspect that makes bitcoin value will be high again is still a lot of whales, and other big investors, spreading and bitcoin volume is still high, and also blockchain technology is designed for high every year.
Surely the price of bitcoin has not peaked yet because still bitcoin is only used by very very small amount of people when compared to the whole world population of 7 billion so the price will increase when more people starts to ise bitcoins and other cryotocurrency.But now the price of bitcoin is bumping and dumping so many people think that it will be like that forever but soon the price will go to moon so be ready for this and invest as soon as possible.
Bitcoin has bounce off the support level and has held on for straight 5 days without dipping to $6900 level and this is a good sign that we are heading up. I believe that the upward trend has just began.Let us watch and see.
We can use rather simple tool for BTC price analyses. This tool is total market capitalization. BTC has rather big part of total criptocurrency capitalization (overall 30-60%). So if market is on pump trend it means that BTC will grow up too. At present I see that there are a lot if investors interested in cripto so the next BTC peak should more than previous one
Don't listen to them that says bitcoin is a bubble they just spreading FUD, bitcoin will rise again but we don't know when bitcoin is unpredictable but I'm sure it will increase back again at the highest peak at $20,000 or it may surpass.
I heard that bitcoin is a bubble that has begun to burst, but this is not the first time that annalists says that.
Imo the awareness about digital assets can always increase, and investors will come across.
Wouldn't this be a reason for such affirmative from annalists be wrong? What are other reasons that make you believe that bitcoin will rise again?
Imo the awareness about digital assets can always increase, and investors will come across.
Wouldn't this be a reason for such affirmative from annalists be wrong? What are other reasons that make you believe that bitcoin will rise again?
BTC is an asset and millions of people are investing into BTC as a savings for their future generations and now tell me how much sustainable the thing is, if people are so much dependent that they are saving it for their budding generation. Though some countries has banned cryptocurrency because they don't find it trust worthy but BTC has that much potential that it will replace the paper currency in future.
I joined and bought the first bitcoin in 2015, with a price that is still about 7-8 million for 1 bitcoin, and every year always increases even though it happens bubbles, and indeed I think the price of crypto much increased and that's the goal in want by investors to invest in crypto.
I want to believe a lot of people confuse what bubble is all about. I am not blaming anyone since the price last year over peaked more than normal and here we are experiencing some huge corrections already.A bubble is something with no intrinsic value and I cannot say bitcoin has no value because it actually does but what happened last year got so hyped but even at that the market is still holding strong. With the level of FUD, a bubble would have popped worse than this.
No, h I do not think that bitcoin has already reached its maximum price peak. While it is a long time in its correction, however it seems still able to develop technological and grow in value. The Crypto currency has just started to develop, this process will last for more than a decade. While other options and ways of arising current difficulties are being sought, the crypto currency is constantly being improved. In all likelihood, bitcoin and other crypto currency will gradually grow into something more perfect, because it still has many shortcomings and internal contradictions.
This is a good information for always taking in consideration. Even though the supply is limited ( 21 million coins), it has not reached it fullness yet, and there is the possibility of a larger supply in the future. I believe that they post so many fake news out there, that make people skeptical. Of course there is the risk involved, but not to the point to make people just disbelief in its future.
If you meant by the circulating supply it should increase but we really can't tell what's the precise amount in circulation because there's a lot of bitcoins lost, untouched, burned, etc.I'm sure Bitcoin is still going to hit and beat its ATH again, but this move is still going to take a while to happen
Not only that, no one knows when it will hit another ATH. Bitcoin, when he grew up in December last year
Bitcoin is not a person or animal keep that in mind. It seems to me that this is entirely possible.
If the bull market comes, then bitcoin will reach new heights.
Anything is possible at this point, the only question is when will it happen? If the bull market comes, then bitcoin will reach new heights.
I heard that bitcoin is a bubble that has begun to burst, but this is not the first time that annalists says that.
Imo the awareness about digital assets can always increase, and investors will come across.
Wouldn't this be a reason for such affirmative from annalists be wrong? What are other reasons that make you believe that bitcoin will rise again?
Imo the awareness about digital assets can always increase, and investors will come across.
Wouldn't this be a reason for such affirmative from annalists be wrong? What are other reasons that make you believe that bitcoin will rise again?
Not all digital assets can increase there are even some digital assets that dies even after ICO without having to touch exchanges. But bitcoins situation is different, being the first cryptocurrency there is, it has enticed thousands of people who believe that this coin has a huge future. Aside from that bitcoin has only a total 21 million coins of which only 17 million are only in circulation. With more people going into bitcoin and with its limited number bitcoin will be a bigtime cryptocurrency in two years time and may reach 100k $ by 2021.
This is a good information for always taking in consideration. Even though the supply is limited ( 21 million coins), it has not reached it fullness yet, and there is the possibility of a larger supply in the future. I believe that they post so many fake news out there, that make people skeptical. Of course there is the risk involved, but not to the point to make people just disbelief in its future.
bitcoin is speculative instrument, by this reason their price beat new highs and then go back again.
This continues while we dont use it in everyday payments
This continues while we dont use it in everyday payments
It is a old saying that bitcoin is a bubble,the bubble has been there seen 2009 it has not been burst, the price has gradually increase and early investors are now multi billions.
you seem to be more interested in FUD instead of reality which is why you are failing to understand on your own whether bitcoin will rise back up again or not. i suggest you stop listening to FUD and start opening your mind and try getting more familiar with what bitcoin is and what it is offering and why the demand for it is constantly increasing.
do that and you will get the answer to your question once and for all.
do that and you will get the answer to your question once and for all.
I strongly believe that someday bitcoin prices will peak with high prices again, I have studied the history of prices from year to year, and each year must have a price increase rate .
It seems to me that this is entirely possible.
If the bull market comes, then bitcoin will reach new heights.
If the bull market comes, then bitcoin will reach new heights.
Bitcoin, when he grew up in December last year at a cost of up to $ 20,000, first appeared as a financial bubble. However, this does not mean that it can not safely increase more in price. Simply, it should not be so abruptly to rise, the price should not grow only on the basis of an agiotage speculative demand for it, but should at least partially correspond to an increase in its intrinsic value.
I think there is still plenty room for bitcoin to reach higher peak, but now the bitcoin need a better development to be able to stay on top and able to reach new ATH, but it will be a bit difficult because there are a lot of good alt coins and investors like to diversify their investment, so need more times to reach higher price
We do not.know unless we will have a concrete evidence on the bitcoin speculation. If this is the peak price of.bitcoin then we will.now move to.invest in another cryptocurrency which is ether and it might be good to.start with and since ether price is still cheap then it could go high depending on thr investors point of view that this will be another cryptocurrency to be the next to bitcoin. So if ever you have already a good viewing with some.other crypto then invest now and you will going to earn in the near future. Hopefully i could also invest in that and earn also.
Speculation or not, this is not the peak. First off, I am sure pursuer already cleared the waves for those who are comparing the state of bitcoin with bubble and calling bitcoin itself a bubble directly. Based on what you have said however, there is going to be more development for bitcoin and there is still room for growth.Hence it is not that the fact that some of us condemned the FOMO that happened last year as a bubble, does not mean we are not bullish in the long term, but we just prefer growth that is not fueled by greed but real valuation.
Read back and check on the number of times bitcoin has been called a bubble in the past and how it is going to end up bursting and here we are testing lows which are far higher than the starting price of last year. A bubble would not do that if I am correct. We may be having some level of greed in the market once in a while which could result in a serious correction afterwards, which does not make bitcoin itself a bubble.
It can do this cycles over and over again
I'm sure Bitcoin is still going to hit and beat its ATH again, but this move is still going to take a while to happen
I heard that bitcoin is a bubble that has begun to burst, but this is not the first time that annalists says that.
What are other reasons that make you believe that bitcoin will rise again?
I believe bitcoin will rise again because I have witnessed it do that over and over again. It is not going to stop now, I only see it to be at rest, once it completes this cycle, its going to moon. My personal knowledge about the capabilities of bitcoin makes me believe this, I don't need an expect to tell me this. What are other reasons that make you believe that bitcoin will rise again?
My reason is that bitcoin will rise again is that bitcoin continues to increase if its comparison last year bitcoin continues to increase even though now the price of bitcoin has decreased but history of bitcoin has increased. That's in my opinion.
Thank you
Thank you
I heard that bitcoin is a bubble that has begun to burst, but this is not the first time that annalists says that.
There is no question that it has already burst -- it has dropped more than 60%. The debate is now about how low it will go.
Honestly speaking I don’t want to act smart as if I already know all the possibilities of Bitcoin because for me, no one actually knows whether Bitcoin would rise up more and when. We are not all sure if it has reached its highest peak during the last days of 2017 but I think when more people are willing to invest and join the community, it triggers the value to increase on an amount which we can’t specifically declare.
I believe bitcoin can definitely increase or peak at the end of 2018. In Japan has decided to set up a bitcoin hub to expand the bitcoin network, other countries will eventually follow if Japan starts Successful bitcoin.
There's more to it than meets the eye. It could have reached its peak last year, but hey this is a brand new year. It could still create a new record. Who knows?
As a bitcoin believer, I believe that it is still possible for it to become stronger. It is volatile in nature and that is something that we can't control and that volatility contributes to the possibility of it hitting a new record.
As a bitcoin believer, I believe that it is still possible for it to become stronger. It is volatile in nature and that is something that we can't control and that volatility contributes to the possibility of it hitting a new record.
Would suggest that you may check on the price history of bitcoin on how much value it started and compare the growth in price value in the current state. I believe that bitcoin can go in further heights where it may reach the price it had reached during the last quarter or perhaps this will even surpass the achievement it had before. There is a good potential profit when you invest bitcoin that is why many people around the globe are more interested to be involved with it because they can benefit the growth of this currency that no other currency has ever achieved.
The BTC has been killed many times, but we've seen it get stronger and stronger, and it always attracts the attention of the world.
Blockchain technology will bring new technological revolution, while BTC will be used by more people!
Blockchain technology will bring new technological revolution, while BTC will be used by more people!
We do not.know unless we will have a concrete evidence on the bitcoin speculation. If this is the peak price of.bitcoin then we will.now move to.invest in another cryptocurrency which is ether and it might be good to.start with and since ether price is still cheap then it could go high depending on thr investors point of view that this will be another cryptocurrency to be the next to bitcoin. So if ever you have already a good viewing with some.other crypto then invest now and you will going to earn in the near future. Hopefully i could also invest in that and earn also.
I heard that bitcoin is a bubble that has begun to burst,
maybe you were reading something old or maybe you were reading some FUD. bitcoin is not a bubble. bitcoin was in a bubble at some point and after a huge drop it is not only over but also we are underpriced.Quote
but this is not the first time that annalists says that.
there is a difference between someone with analysis and some idiot on the internet spreading FUD. try not to confuse the two.Quote
Wouldn't this be a reason for such affirmative from annalists be wrong?
because of the difference I mentioned above! and the fact that what you read was not from an analysis.Quote
What are other reasons that make you believe that bitcoin will rise again?
because there is no reason for it to drop or not rise!what are your reasons for not believing it can not rise?!!
I heard that bitcoin is a bubble that has begun to burst, but this is not the first time that annalists says that.
Imo the awareness about digital assets can always increase, and investors will come across.
Wouldn't this be a reason for such affirmative from annalists be wrong? What are other reasons that make you believe that bitcoin will rise again?
Imo the awareness about digital assets can always increase, and investors will come across.
Wouldn't this be a reason for such affirmative from annalists be wrong? What are other reasons that make you believe that bitcoin will rise again?
It can do this cycles over and over again. Still this recent fall in price is not that much bad as 2013 one was. Simply put it this way do you think robinhood is lead by dmb people to enter the crypto in February or that poloniex being sold is bad for company buying it? These people see money coming to crypto and seeing them jumping on this bandwagon only gives you more hope and give you the real explanation what is happening. Big guys are entering when the market is going through correction and the next time price starts to go up they will make more money.
I heard that bitcoin is a bubble that has begun to burst, but this is not the first time that annalists says that.
Imo the awareness about digital assets can always increase, and investors will come across.
Wouldn't this be a reason for such affirmative from annalists be wrong? What are other reasons that make you believe that bitcoin will rise again?
Imo the awareness about digital assets can always increase, and investors will come across.
Wouldn't this be a reason for such affirmative from annalists be wrong? What are other reasons that make you believe that bitcoin will rise again?
Not all digital assets can increase there are even some digital assets that dies even after ICO without having to touch exchanges. But bitcoins situation is different, being the first cryptocurrency there is, it has enticed thousands of people who believe that this coin has a huge future. Aside from that bitcoin has only a total 21 million coins of which only 17 million are only in circulation. With more people going into bitcoin and with its limited number bitcoin will be a bigtime cryptocurrency in two years time and may reach 100k $ by 2021.
I joined and bought the first bitcoin in 2015, with a price that is still about 7-8 million for 1 bitcoin, and every year always increases even though it happens bubbles, and indeed I think the price of crypto much increased and that's the goal in want by investors to invest in crypto.
I heard that bitcoin is a bubble that has begun to burst, but this is not the first time that annalists says that.
Imo the awareness about digital assets can always increase, and investors will come across.
Wouldn't this be a reason for such affirmative from annalists be wrong? What are other reasons that make you believe that bitcoin will rise again?
Imo the awareness about digital assets can always increase, and investors will come across.
Wouldn't this be a reason for such affirmative from annalists be wrong? What are other reasons that make you believe that bitcoin will rise again?
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