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Topic: Bitcoin Can Hit $2K ? (Read 8043 times)

sr. member
Activity: 1988
Merit: 453
June 04, 2017, 02:04:47 AM
This has been the expectation of users​ by the starting of the year. As users stated the price move was quite faster than what users expected​. The price increase took place crossing the $2000 in a short starting from the range around $1200. Now $2000 to be a stable price below which it's not expected to fall as it has crossed $2500 now.

Imagine what could have happened had the altcoins (Ethereum, Ripple, Nemcoin, Dash.etc) stayed dormant. If that was the case, then we could have easily crossed $5,000 per coin by now. The altcoins have eaten away a lot of market cap from Bitcoin.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
June 04, 2017, 12:59:12 AM
This has been the expectation of users​ by the starting of the year. As users stated the price move was quite faster than what users expected​. The price increase took place crossing the $2000 in a short starting from the range around $1200. Now $2000 to be a stable price below which it's not expected to fall as it has crossed $2500 now.
full member
Activity: 209
Merit: 100
June 03, 2017, 09:48:06 PM
Price $2000 very likely to be hit, probably not this month or 3 month later, but I'm sure will be achieved this year, current prices have already hit $1220 and look stable, this april I'm sure prices will not drop under $1100, probably the highest price is $1400.
You was right,but price was reached too soon,I dont know if it was a pump or not,but it was a surprise to many peoples,for example peoples expected those prices until end of year.
full member
Activity: 224
Merit: 100
April 11, 2017, 05:47:33 AM
Price $2000 very likely to be hit, probably not this month or 3 month later, but I'm sure will be achieved this year, current prices have already hit $1220 and look stable, this april I'm sure prices will not drop under $1100, probably the highest price is $1400.
legendary
Activity: 2170
Merit: 1427
April 11, 2017, 05:08:49 AM
we already be good when the blocksize increases with 50% ?

We dont even need 2mb blocks.

Any increase would be a welcome change, but that's exactly where another problem comes out of hiding. Situation right now is clear; demand for blockspace greatly outweighs that what Bitcoin can offer. If you bump to 2MB, it will take a year, perhaps a little longer before we run into the same difficulties as is the case right now. Trolls and paid shills will come back to life, suddenly we'll see alternative sides such as Bitcoin Extreme, Bitcoin Master, Bitcoin Far Beyond, Bitcoin Great Again, etc, come to life. It means that once again there will be a massive obstacle that will negatively impact Bitcoin for a certain amount of time. Just look at how long it takes to just implement larger blocks right now.
sr. member
Activity: 392
Merit: 250
April 11, 2017, 02:50:03 AM
Lets fix bitcoin first. Dont pump when the fundamentals are shit. Otherwise it would be a pump&dump. It all depends on SegWit activation. Otherwise bitcoin wil be good for the homeless population.

I don't think fix Bitcoin is the proper term to use; I rather prefer enhance Bitcoin. Other than that, yes, I strongly agree that Bitcoin needs to scale first. It surprises me that even till this date, that some people don't understand that in order for Bitcoin to move to the next level, it must meet the demand, and thus start giving people the larger blocks they have been waiting for so eagerly. Sadly, it's not up to the community to reach consensus and activate Segwit. Pools are behaving like trolls as they, 1) knowingly harm Bitcoin by not letting it scale, and 2) they artificially create spam attacks in order to gain a higher income through fees.
+1
Glad that still some people know what bitcoin needs. We dont need 2k pumps without scaling, it wouldnt be sustianable. Isnt there some kind of thing or a way that we can force those BU fanatics t accept SegWit?

Its already tested on lots of altcoins. Yes there are still some bugs in it but they can easily be solved while BU is a bug by itself, full of untested protocols or when its getting tested it fails bigtime. BU is good for a small payment coin that Litecoin likes to be.

There are 16 mln coins mined rightnow, max is 21 mln. 2 mln coins lost so I expect that we will have 19 mln coins max that the blockchain should handle. So with those simple facts wouldnt we already be good when the blocksize increases with 50% ?

We dont even need 2mb blocks.
sr. member
Activity: 516
Merit: 250
April 11, 2017, 02:41:56 AM
Bitcoin can hit $2k or not ? Yes, it can. But the problem is when bitcoin can hit $2k ? I think it will not hit on this year. The price of bitcoin will increase in Christmas and in the end of 2017, maybe around $1.5k-$1.8k. It might hit on the next year. Just hope there is no bad thing happen into bitcoin.
legendary
Activity: 1176
Merit: 1024
April 11, 2017, 02:37:16 AM
Lets fix bitcoin first. Dont pump when the fundamentals are shit. Otherwise it would be a pump&dump. It all depends on SegWit activation. Otherwise bitcoin wil be good for the homeless population.
There is nothing wrong with the fundamentals of bitcoin but with the number of transactions increasing we need to increase the block issue to include more transactions with every block and i am not sure whether segwit is the final solution but it is good to see some upgrade to counter that issue at least for the time being.
I too believe as of now if segwit will be getting activated, we can see bitcoin prices going beyond $2000 price levels.

I'm sure in near future segwit will come up again with some other solutions to solve scalability issue when the current solution of shrinking transactions will get its saturation levels. Instead of going with non-tested harforks, going with well-known soft fork seems a good solution for me.
legendary
Activity: 2170
Merit: 1427
April 11, 2017, 02:36:53 AM
Lets fix bitcoin first. Dont pump when the fundamentals are shit. Otherwise it would be a pump&dump. It all depends on SegWit activation. Otherwise bitcoin wil be good for the homeless population.

I don't think fix Bitcoin is the proper term to use; I rather prefer enhance Bitcoin. Other than that, yes, I strongly agree that Bitcoin needs to scale first. It surprises me that even till this date, that some people don't understand that in order for Bitcoin to move to the next level, it must meet the demand, and thus start giving people the larger blocks they have been waiting for so eagerly. Sadly, it's not up to the community to reach consensus and activate Segwit. Pools are behaving like trolls as they, 1) knowingly harm Bitcoin by not letting it scale, and 2) they artificially create spam attacks in order to gain a higher income through fees.
sr. member
Activity: 291
Merit: 250
April 11, 2017, 02:27:31 AM
Lets fix bitcoin first. Dont pump when the fundamentals are shit. Otherwise it would be a pump&dump. It all depends on SegWit activation. Otherwise bitcoin wil be good for the homeless population.
There is nothing wrong with the fundamentals of bitcoin but with the number of transactions increasing we need to increase the block issue to include more transactions with every block and i am not sure whether segwit is the final solution but it is good to see some upgrade to counter that issue at least for the time being.
hero member
Activity: 672
Merit: 500
April 11, 2017, 01:50:01 AM
don't see it hitting $2k anytime soon. too many hurdles and logistics involved. banks hate bitcoin and we all know who owns the banks...

It may not happen right now but it will probably happen before the end year or it will possibly happen next year. Just make it step by step and a little by little. Even the banks will hate bitcoin but when they see that it is being used and gives benefit to its users. And for sure that it can make it to $2k not now but it will.
Years ago I wasn't sure of it but I am right now. People were always telling me that it doesn't matter if the news are bad or that there was a crash, bitcoin will always pull through and back up.
If bitcoin is left alone to grow, with no government interference we'll see $2000 very soon.
And you believe this kind of people?
No offense, but I cant agree with you because everything needs to fall to have ability to rise even more, but nothing is immortal, every asset neets some time for increase like 30%, even bitcoin or any other cryptocurrency.

I dont say something like that, instead of this I prefer to stay focused on the daily chart, and rather profit on smaller gains.
This is what i do most of the time i play on cryptocurrency market (bitcoin Smiley)
hero member
Activity: 840
Merit: 502
April 10, 2017, 12:58:27 PM
Bitcoin USD exchange is increasing speedy and What you guys think? End of 2017...It'll Hit 2K ?
Bitcoin will hit that price eventually but I think hitting that  price at the end of this year is simply too soon I think we have a chance of hitting that price in the next 3 to 5 years if nothing happens but if positive news come forward for bitcoin this could happen sooner.
sr. member
Activity: 392
Merit: 250
April 09, 2017, 05:26:52 AM
Lets fix bitcoin first. Dont pump when the fundamentals are shit. Otherwise it would be a pump&dump. It all depends on SegWit activation. Otherwise bitcoin wil be good for the homeless population.
full member
Activity: 266
Merit: 100
April 09, 2017, 04:45:36 AM
The price of bitcoin will reach upto 2000$ at the end of the year .it may be possible that the price of bitcoins would be more than 3000$ at the end of this year .well it is very unlikely that it is going to happen nearby soon.
hero member
Activity: 1008
Merit: 510
February 18, 2017, 08:38:50 AM
At the rate we are going, Bitcoin could hit $2000 this year. But it is also very possible that we will have a significant drop this year before we start another gradual increase.
hero member
Activity: 595
Merit: 506
February 17, 2017, 07:43:08 PM
I think by the end of 2017 we will have hit around $2000. A fair, conservative estimate.
hero member
Activity: 560
Merit: 500
February 17, 2017, 06:58:35 PM
In my opinion bitcoin hitting 2000$ in the end of 2017 might be possible if the price continues to be stable as it is now and it might gather more demand to drive price up to those levels. If there will be a dump later on that will bring the price down to 700$, bitcoin reaching 2k$ at the end of 2017 might not be possible anymore, but at least there's hope that someday bitcoin will hit 2000$ but it might not happen this year.
legendary
Activity: 2282
Merit: 1041
February 17, 2017, 12:57:28 PM
It does look like its on the way already. If one day we'll see it actually go up to $2k. I'd be the first to create a thread about Bitcoin hitting up to $3K.
I don't even know why there a sudden rise of its price but I'm liking it.  Looks like those who hasn't dump the last hyke may have the chance to do it after all.  Thank me for reminding you because it may dip again before reaching the $1100.
full member
Activity: 224
Merit: 100
February 17, 2017, 11:46:42 AM
We are at the verge of the next great big bubble, the new 2013 is 2017, but this bubble will be more controlled, but still a brutal one, we will see prices higher than most people are trying to predict, ETF or not.

If ETF doesn't happen it will not dip hard, and if it does just buy the damn thing, its only going up long term.

I totally agree with you. We will be here to discuss it in the future.
BTC price will hit more than 2-3K at the end of 2017, I assume December 2017.
Then the door will be open for 5K or even 10K in the next couple of years.
IF ETF doesnt aprove the Winklevoss thing, the BTC will drop about 10-15% MAX from the today's price, then will rise again as nothing happens to 2-3K
legendary
Activity: 1372
Merit: 1252
February 17, 2017, 11:40:45 AM
We are at the verge of the next great big bubble, the new 2013 is 2017, but this bubble will be more controlled, but still a brutal one, we will see prices higher than most people are trying to predict, ETF or not.

If ETF doesn't happen it will not dip hard, and if it does just buy the damn thing, its only going up long term.
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