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Topic: Bitcoin can hit $50k? - page 4. (Read 1619 times)

hero member
Activity: 2996
Merit: 598
Leading Crypto Sports Betting & Casino Platform
January 23, 2021, 01:21:28 AM
How do you think when the bitcoin price can hit $50k?

How, is when the institutions that are investing have doubled, when? is when they are buying continuously and there is a strong motivation to buy just like what happened before the end of 2021, these are the two factors that will make it happen institutions supporting and are coming in buying, like the case of PayPal where they announced that they are continuously buying Bitcoin and other top coins.
full member
Activity: 346
Merit: 100
January 23, 2021, 12:02:35 AM
when i saw the price i thought the price wouldn't reach $ 50k. maybe the price will come back $ 15k. if you look at ATH 2017-2018 Cheesy
member
Activity: 868
Merit: 63
January 22, 2021, 11:11:15 PM
Since Bitcoin's supply is limited to 21 million, and judging by the current all-time high at approximately $41.500, I would say it's highly possible. I don't want to exaggerate and say that it will certainly happen, but it probably will. I'd say it will happen in the next few months, Bitcoin will set quite a few, new all-time high records before reaching $50k.
If the pattern is not followed like what happened last 2017-2018, then there is a big possibility that bitcoin will reach a greater height. My theory is that if we could break the resistance in 40k mark then a 50k price point will be smooth sailing point for bitcoin. You also have to consider the lost coins that won't be seeing the light of day as they will be a big contributor to the increase of bitcoin prices in the near future, it sounds bad but I think that having those lost coins is a good thing for many bitcoin hodlers.
legendary
Activity: 3346
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Leading Crypto Sports Betting & Casino Platform
January 22, 2021, 10:55:13 PM
At this level of capitalization, it is not the opinion of the people that is decisive, but the capital flows. I believe that we should be happy with the levels that have been achieved. Perhaps we will not see them soon (although maybe they will be surpassed quickly, who knows).

I agree. The bull run resulted in Bitcoin rocketing up from $10,000 per coin to $32,000 per coin in a matter of 2-3 months. If the same rally occurs to any equity in the stock market, then the investment circles will be astonished and there will be a lot of hype (especially if the market cap is above $500 billion). I am not witnessing the same sort of hype with Bitcoin and on the other hand there are a lot of people who are complaining about the dip from $42,000 to $32,000.
legendary
Activity: 2478
Merit: 1951
Leading Crypto Sports Betting & Casino Platform
January 22, 2021, 06:45:21 PM
#99
People talked about 50k so much that I am shocked it hasn't reached that point already. I have been expecting bitcoin to reach to a level where it would be at least a bit closer. It is not going to be anything easy, obviously it is going to take a long time, but I feel like it is going to end up happening one day or another.

I was just assuming it to be quicker because everybody talks about it, like literally purely talks about bitcoin being 50k over and over and over again for some reason and that would take us there for sure. In the end it didn't so far, but that doesn't mean it won't neither, it definitely will take us there eventually, we are just waiting our time. Also we have to realize, we have increase FOUR TIMES the price we were, so that is quadruple profit, and right now all we need is like 25% or so increase, which should be a lot easier.

At this level of capitalization, it is not the opinion of the people that is decisive, but the capital flows. I believe that we should be happy with the levels that have been achieved. Perhaps we will not see them soon (although maybe they will be surpassed quickly, who knows).
hero member
Activity: 1680
Merit: 845
January 22, 2021, 02:05:06 PM
#98
Since Bitcoin's supply is limited to 21 million, and judging by the current all-time high at approximately $41.500, I would say it's highly possible. I don't want to exaggerate and say that it will certainly happen, but it probably will. I'd say it will happen in the next few months, Bitcoin will set quite a few, new all-time high records before reaching $50k.
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
January 22, 2021, 12:22:16 PM
#97
People talked about 50k so much that I am shocked it hasn't reached that point already. I have been expecting bitcoin to reach to a level where it would be at least a bit closer. It is not going to be anything easy, obviously it is going to take a long time, but I feel like it is going to end up happening one day or another.

I was just assuming it to be quicker because everybody talks about it, like literally purely talks about bitcoin being 50k over and over and over again for some reason and that would take us there for sure. In the end it didn't so far, but that doesn't mean it won't neither, it definitely will take us there eventually, we are just waiting our time. Also we have to realize, we have increase FOUR TIMES the price we were, so that is quadruple profit, and right now all we need is like 25% or so increase, which should be a lot easier.
member
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Your Data Belongs To You
January 20, 2021, 02:55:59 PM
#96
The stock to flow model and the regression indicator shows that 50k is totally reachable.
full member
Activity: 1050
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Vave.com
January 20, 2021, 02:53:02 PM
#95
Depending on traders and investors if they want then possible btc price $50k. I am a small investor so i can't do anything for it but some big investors can up or down. If btc price will rising continue then i have no loss. Otherwise if btc price will continue drop then i will bought some.
hero member
Activity: 2730
Merit: 632
January 18, 2021, 05:52:32 PM
#94
oh yeah of course you can, $ 50k can still be achieved, just imagine when the price of bitcoin was still below $ 10k and many people dreamed that bitcoin could reach $ 40k, and it turned out that dreams came true, and now many people dream that bitcoin can reach my $ 50- $ 100k sure it can also be achieved.

Simply to say that if those people will continue to hold while new investors shows up.

The value still possible to achieved, if there are many strong holders to support and many new investors to bring money to flow around.
It's not new to this market, bitcoin will continue to surprise all it's holders and believers. Dreaming of attaining more profits in terms of value to keep rising high just keep calming yourself and wait for this big jump up!
We didn't even expect for the price to reach up this high yet we had just been hoping only for breaking its previous ATH but bitcoin did give out something more which we hadn't anticipated.
Bitcoin do able to hit 40k wayback which means moving 10k more + wouldn't really be that much of a problem.It all matters if the demand will really be that strong enough to
push up things that high.For now the best thing to be done is to utilize these price movement into your own advantage. Buy low sell high I shall say but this wont really be a simple one.
Instead of going for long term then I would rather prefer on seeing profits in short time basis. You can make money without needing to wait up for it to rise to 50k.
legendary
Activity: 2982
Merit: 1028
January 17, 2021, 08:28:11 PM
#93
oh yeah of course you can, $ 50k can still be achieved, just imagine when the price of bitcoin was still below $ 10k and many people dreamed that bitcoin could reach $ 40k, and it turned out that dreams came true, and now many people dream that bitcoin can reach my $ 50- $ 100k sure it can also be achieved.

Simply to say that if those people will continue to hold while new investors shows up.

The value still possible to achieved, if there are many strong holders to support and many new investors to bring money to flow around.
It's not new to this market, bitcoin will continue to surprise all it's holders and believers. Dreaming of attaining more profits in terms of value to keep rising high just keep calming yourself and wait for this big jump up!
legendary
Activity: 2660
Merit: 1074
January 17, 2021, 12:13:15 PM
#92
Every efforts by the bears to push the price of bitcoin down to break the support at $30K proved abortive an indication that the bulls had already taken over the market, institutional adoption had been pushing the price to trend upward price reaching $50K is very much at sight and possibly before end the first of this year.  This year Bitcoin is going to thrive just like 2017 and some other promising projects are also showing bullish trend.
That is the big talk right now in speculation world as well. The price had a lot of tests to go down under 30k, about 3 times now if I am not wrong, sellers tried to sell all in their hands to make sure price would go down more than 10k+ so that they could buy a lot lower with a big crash and panic mode by a lot of people, if it dropped to under 20k they would have bought more than twice the amount of bitcoin they had previously, but all of them failed and when they tried to get it back right away so that they do not end up missing out, they increased the price back.

You know why that happens? Because of grayscale, obviously not just because of them but they represent an "idea" and they ended p buying over 7 thousand bitcoins in the past month for example, and that is what they represent, over 10k+ was bought last week just to hold by the big corporations, they are not allowing the crashes to happen.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
January 16, 2021, 02:15:34 AM
#91
Every efforts by the bears to push the price of bitcoin down to break the support at $30K proved abortive an indication that the bulls had already taken over the market, institutional adoption had been pushing the price to trend upward price reaching $50K is very much at sight and possibly before end the first of this year.  This year Bitcoin is going to thrive just like 2017 and some other promising projects are also showing bullish trend.
full member
Activity: 560
Merit: 112
January 15, 2021, 11:45:14 PM
#90
The question is  :  "when will Bitcoin hit 50k ?"

Tomorrow if the whales wanted it to be. And within a month it will be much higher than a million dollars per BTC if a simultaneous approval of a big powerful country to legalize and promote bitcoin as a mode of payment. A miracle assumption and an unrealistic expectation.

Better to invest low then sell high and trade safe without waiting for a peak price.
legendary
Activity: 2576
Merit: 1043
Need A Campaign Manager? | Contact Little_Mouse
January 15, 2021, 11:19:15 PM
#89
It's amazing that Bitcoin still hit the $20,000 mark and beyond despite of world economic crisis due to Covid 19 so if Bitcoin reach ATH after the difficulties then how much more to hit the $50,000 within this year if everything will back to normal again? Maybe it will be more than that.
Don't take it too much.
Probably those rich investors and institutions took Bitcoin and other crypto coins as a hedging tool to secure their funds and knowing that the government are printing more money than usual because of the pandemic, for sure that the value of their currency will go down.

Now regarding to the question, $50,000 is very conservative on my part. We've seen Bitcoin went up and doubled in just a month so what do you expect with it Cheesy. This will happen anytime soon for sure.
hero member
Activity: 1722
Merit: 528
January 15, 2021, 08:01:50 PM
#88
It's amazing that Bitcoin still hit the $20,000 mark and beyond despite of world economic crisis due to Covid 19 so if Bitcoin reach ATH after the difficulties then how much more to hit the $50,000 within this year if everything will back to normal again? Maybe it will be more than that.

That just proves something.

Fiat currencies' value is affected by the pandemic and with other phenomenons but in terms of Bitcoin, it is not affected by it. That just proves how great Bitcoin and how it will be so amazing in the future. So despite the fact that we are still affected by the pandemic, I see Bitcoin hitting more high prices and might be able to hit $50K in the next months or so.
sr. member
Activity: 1876
Merit: 318
January 15, 2021, 06:21:30 PM
#87
If anyone doubts Bitcoin will hit the price of $ 50,000 they are definitely not doing their research on Bitcoin properly. Because based on my analysis,
getting to the price of $ 50,000 won't be too difficult and will be achieved in the near future. We can see Bitcoin is starting to slowly rise after
experiencing a correction, if it manages to cross the $ 40,000 resistance price I am sure the bull run will straight towards the $ 50,000 mark.
So just be patient and HODL the Bitcoin that we have.
legendary
Activity: 2478
Merit: 1951
Leading Crypto Sports Betting & Casino Platform
January 15, 2021, 06:01:10 PM
#86
Nothing is easy. Right now, Bitcoin is trading at $38,000 per coin, with a market capitalization of $706 billion. In order to reach $50,000, it needs to increase its market cap by another $223 billion. Do you really believe that this is a small amount? Just to give a comparison, in the NASDAQ stock exchange, only 6 stocks have a market cap higher than this amount.

I agree with you, plus a big disadvantage of bitcoin is that the higher the price, the greater the pressure of miners on it, so it is harder to stay at a certain price level than to reach it. Most investors who think about taking record levels forget about it.
legendary
Activity: 2646
Merit: 1106
DGbet.fun - Crypto Sportsbook
January 15, 2021, 05:25:03 PM
#85
The question is  :  "when will Bitcoin hit 50k ?"
Whales hasn't disclosed any details regarding the price of bitcoin reaching $50k. They're the one who has the potential to give a forward push with the large investments. The market movement is positive, some fear of the fluctuation but it is the one that provides stability to the value. Maybe a stabilized $50k can be reached within the first quarter of the year.
member
Activity: 308
Merit: 31
Your Data Belongs To You
January 15, 2021, 01:05:27 PM
#84
The question is  :  "when will Bitcoin hit 50k ?"
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