Topic: Bitcoin Can Hit $2K ? - page 7. (Read 8043 times)

Yes it can hit it but most likely if it will hit it this year it will hit it at the end of this year, I think that we can count on it for a part.

Bitcoin can maybe hit the 2k very soon but its all depending on what the market is gonna do of course.

4,000 Stores, Broad Optimism Makes Japan Land Of Rising Bits

Bitcoin in Japan is bigger than ever, with over 4,200 stores accepting it in 2017 and Tokyo exchange Quoine set for $1.5 billion turnover this year.
Bitcoin Hits The High Street

Local news resource NHK reported Tuesday that according to a december survey, the number of stores accepting Bitcoin in Japan had risen by 460% since the same time in 2015.

“[Bitcoin] has spread to various sectors such as beauty and nail salons… in addition to extant eating and drinking establishments,” it says.

With cryptocurrency payment becoming standard in Japan’s ubiquitous consumer industries, there is cause for optimism indeed as neighboring China sees trading explode.


In an interview with Deal Street Asia, Quoine exchange CEO Mike Kayamori shared the sentiment that the only way is up.

“It could be a corporate currency, it could be a loyalty point currency, it could be a gold-backed cryptocurrency and it could be a national one as well right?” he said, along with supporting China’s various digital currency experiments.  

    In regards to China coming up with their own, I’m an advocate of any country or a large multinational corporate formulating their own digital currency. I think the possibilities are infinite.

Quoine CEO: Transaction Volume ‘Will Be Much Bigger’

Quoine expanded from Singapore in 2016 after receiving $20 million in a funding round, and is looking to transform to a universal services provider in future. Remittances, payments and other financial services are all in the pipeline, Kayamori said.

“So in terms of market capitalization, when you define it at $2 billion or $20 billion – I don’t know how you’ll define the performance – then I can [tell] you that the transaction volume, especially from an exchange perspective, is going to be so much bigger than that,” he forecasted.

    I think it’s going to be trillions when you look at it from a transaction volume perspective. There’s going to be multi-billion dollar blockchain cryptocurrency exchanges that are going to be acquired or go public.

Traditional Finance Catching Up

In light of the Japanese government’s de facto recognition of cryptocurrencies as a payment method in 2016, the country’s financial market is wasting no time getting to grips with Blockchain technology.

Bitcoinist_Bitcoin Japanese Stock Market

Fellow exchange BitFlyer was selected by a Blockchain Study Group consisting of four major financial institutions to build a prototype technology for interbank Blockchain usage.

The study group itself authored a report in November, which found that Bitcoin technology should be used to maintain Japan’s competitiveness against European and US markets.

What do you think about the future of Bitcoin in Japan? Let us know in the comments below!

Possible but I think that we just need patience, it will happen soon or later if the bitcoin gains more popularity.

bitcoin price is very posible to incraese until reach 2000dollar
but not early month 2017 or in during 2017
in 2017 maximum bitcoin price can reach only 1500 dollar

Care to explain why you think there will be a big drop in the coming days? Because as it stands right now, there are zero indications of such a thing to happen. Even stronger, the price will most likely remain moving in the same repetitive way as it has been doing for the last few days. People at this point prefer to continue holding as they feel that the price might be due for another increase in the coming weeks. And if the price happens to go down significantly from current levels, then of course it's a good opportunity to scoop up some extra coins. But I don't think it will go much lower than $870-$880 for now.

absolutely it's possible because we all witness that bitcoin actually reach $1200 per btc and thats a good start since 2015.  but expect a big drop down this coming days because its always like that since bitcoin started. better save money right now so you can buy many bitcoin when it decrease each price.

see the potential of this moment, bitcoin prices may reach $ 2,000 this year. but maybe there will be increase and decrease in prices occurred, but I am sure, bitcoin can certainly achieve that price, because nothing is impossible if bitcoin prices rise again. well, but most likely it will happen at the end of the year.

Yeah definitely because there are people who use leverage to trade and if they don't dump quickly enough they won't be able to make a profit and pay back their loan. Obviously when there is hype there will be dumps, that is the harsh truth about such a speculative market.

But still, I think that $800-900 is now the new bottom and the price can slowly gain momentum again.

For me i don't throw away that possibility of 10k dollars because bitcoin nowadays is in demand to people who really believe that they will gain better profit and they hold it for investments. So many people would do that kind of investment strategy and hopefully it will make btc price rise towards 10k to make a history for better future.

Lets hope on the fact that this will happen because it would be great and also feel like it due to the fact I would make 4x more as my buying price, it can happen with some luck it just needs to grow more.

I guess you just forget about the selling pressure from the bitcoin whales and other bitcoiners who are all aiming for $1200 to $1500 price levels as target. Other than this, I am really afraid of those people who missed to book profits with recent rally, they might start selling once they see $1000+ levels. After withstanding these, bitcoin needs to be pumped to $2000, so it really needs 'enough' time.

I think it will hit 2k in March. ETF approval.

Price is trying to stay above $900 after this huge correction so i am pretty sure we will see price per coin above $2k by end of this year. If nothing bad will happen in future like any trading platform, bitcoin service etc get hacked than there is nothing that can stop price from pumping over $2k.

Maybe it can reach this number but I have than some hope it will happen on a normal time and also slowly otherwise it will crash fast for sure.

If you ignore all pumps and dumps and just look at the long term charts, then you'll see that we have done a tremendous job. Basically the same will be the case when it comes to reaching the $2000 level. No guarantees of course, but if you keep holding your coins firmly, then you'll do a good job. If you have enough trading skills, then you can even increase the number of coins that you have in the meantime.

   With recent drop I can just hope we will not drop even more, 2000$ seems far away in this moment and I dont wish to think about it, can we as community do something about the price?
   Its just an idea, can we make some transactions between us here, there is thousands of users here, everyone to make couple transactions and with that we can make million transactions in one hour or less, is it possible? My knowledge about block chain is not so good to know that.

No this is gonna be very hard, the bitcoin is gonna hit a high number but when and how that is the question of today.

At this moment 2000$ isn't very likely. When Bitcoin was rapidly heading towards 1000$ many have thought that it will not be stopped until reaches 2000 or even more. But the price is corrected now and the next pump probably will not be so rapid in a short time. This price isn't impossible but not at this moment, not even in this year, we should wait longer.

Well for me i think it is impossible that the price could be reach $2000 usd this year or before end of this year.. the possible price that it think we can touch is $1400-$1600 usd this is more chance that the price can be touch in this level if you can seen the movement price last year the price is highly increase when the block halving event nearly to end.. so this year there is no block halving event i think the price could not rise until $2000 value..