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Topic: Bitcoin for $5000? - page 2. (Read 2590 times)

hero member
Activity: 840
Merit: 502
May 25, 2017, 12:25:43 AM
#30
How do you feel. Will we see $5000 price per 1 bitcoin in this year?
I think the answer is not but bitcoin keeps defying common sense and my expectation, I would have never thought that we will prices like the ones we are seeing now, I thought that for us tho reach the current price we will need to wait for years and it only took a few months to get  there.
full member
Activity: 242
Merit: 100
May 24, 2017, 12:13:47 PM
#29
I feel good but only if i have 10 bitcoins with me at that time  Grin As the bitcoin increasing day by day it will definitely touch 5000$ this year but by increasing it's price transaction fee also increases which is not good for us.. but if we get that huge amount then no one will bother about transaction fee i guess.

What a mentality -- assuming you are the sole owner of your account, you have been here long enough to know that you have had enough opportunities to buy yourself as many coins as possible. For the price of 1 BTC right now, you could have bought like 7-10 BTC back then. It's all about believing in Bitcoin's potential. I always believed that at some point we would reach the $2000 level, so I kept holding. In the same way I believe we will reach the $10,000 level, and again, I will keep holding.

It is very good that there are such optimists as you. I also believe in bitcoin. That's why I've been holding coins for a long time. And I believe that in a few years their price will grow several times. I bought coins for $ 700 and friends told me that it was very expensive)))
legendary
Activity: 1232
Merit: 1091
May 24, 2017, 11:29:03 AM
#28
I feel good but only if i have 10 bitcoins with me at that time  Grin As the bitcoin increasing day by day it will definitely touch 5000$ this year but by increasing it's price transaction fee also increases which is not good for us.. but if we get that huge amount then no one will bother about transaction fee i guess.

What a mentality -- assuming you are the sole owner of your account, you have been here long enough to know that you have had enough opportunities to buy yourself as many coins as possible. For the price of 1 BTC right now, you could have bought like 7-10 BTC back then. It's all about believing in Bitcoin's potential. I always believed that at some point we would reach the $2000 level, so I kept holding. In the same way I believe we will reach the $10,000 level, and again, I will keep holding.
hero member
Activity: 574
Merit: 506
May 24, 2017, 09:20:34 AM
#27
at this rates it's not so out of qustion to think that 5k might be possible to reach, within this year, but the question is does it hold at that level or return back? a value that can't hold there and it's not stable it's not a good value

not sure if this increase is genuine or manipulated like many other we had in the past, need to wait and see the outcome, but really it's all about the adoption and block issue at this point, if either of these two get "fixed" you have a big value coming for sure

It always corrects  Wink not to 162 USD per bitcoin like the last time we saw massive correction, but it will correct.

How do you feel. Will we see $5000 price per 1 bitcoin in this year?

my feeling says no, it is not possible.
but my logic says it is possible but very hard and also hopes it doesn't happen!
because if you think about it a rise to $5000 in such a short period of time is actually pretty scary and that would be a real bubble. that is a 400% rise in this year and it can cause a very long bear market.

Depends on your definition of bear market. We went from around 15 to 260 between 2012 and 2013. Then we saw six months of consolidation before propelling to 1100 from the starting base at 90. Yes, it is bubble - but also merely another local peak before long consolidation. I doubt bitcoin will enter true depression before testing 10 000 dollars per bitcoin first. Perhaps as soon as next year.
full member
Activity: 266
Merit: 100
May 24, 2017, 09:14:44 AM
#26
Yes we will see thw price of bitcoins to be more than 5000$ by the end of this year.on the other hand it can be predicted that the price of bitcoins would fall down drastically and we may see a steady rise in the price of bitcoins.
hero member
Activity: 656
Merit: 501
XBY - New Tech Coin (POSIGN) xtrabytes.global
May 24, 2017, 09:08:46 AM
#25
hero member
Activity: 3052
Merit: 651
May 24, 2017, 06:50:51 AM
#24
How do you feel. Will we see $5000 price per 1 bitcoin in this year?

This year? Could be.
We are not even halfway of the whole year so anything is possible.
Since it doubled its price from January until now then maybe something like near $5000 could be reached.
Still that is a long way to run and anything could happen but I am looking for a big increase in the BER months that will come and the holidays to when they use much of online stores as giving gifts.
hero member
Activity: 1372
Merit: 503
May 24, 2017, 06:47:22 AM
#23
I'm in yes and no it is 50% chance of yes and 50% chance of no as I can see bitcoin now is great when it comes of increasing the price by it self if the bitcoin price reach the speculation of $3000 or more next few months then it will a yes for me bitcoin has a possibility to increase on that through demand of coins.
copper member
Activity: 1815
Merit: 1004
PredX - AI-Powered Prediction Market
May 24, 2017, 05:04:42 AM
#22
I feel good but only if i have 10 bitcoins with me at that time  Grin As the bitcoin increasing day by day it will definitely touch 5000$ this year but by increasing it's price transaction fee also increases which is not good for us.. but if we get that huge amount then no one will bother about transaction fee i guess.
legendary
Activity: 2179
Merit: 1201
May 24, 2017, 04:28:02 AM
#21
We are all waiting for the next hack, FUD or other crap. I´ll expect a correction soon. But until that, it can go up to $5k, yeah...
hero member
Activity: 924
Merit: 512
May 24, 2017, 03:45:23 AM
#20
How do you feel. Will we see $5000 price per 1 bitcoin in this year?

These crazy bumps in the chart takes the bitcoin value to peak value every time but mining has been increased now. When the bitcoin is in the low value, fees seems also low. Why nowadays mining seems as a high amount. Why providers are making money of it nowdays by it? These questions are not answered in the forum. This is why people are holding the bitcoin completely without selling it.
legendary
Activity: 1652
Merit: 1265
May 24, 2017, 03:39:35 AM
#19
Bitcoin is back in business and getting hyped again.
You always get the gamblers pushing the price up to absurd prices.
Then some people get burnt and we drop again for a while until it stabilizes.
But then again I don't see crazy spikes only crazy growth.

Due to the gamblers I believe we will hit $5000 pretty soon if they go crazy enough  Cool
legendary
Activity: 3080
Merit: 1353
May 24, 2017, 03:34:38 AM
#18
at this rates it's not so out of qustion to think that 5k might be possible to reach, within this year, but the question is does it hold at that level or return back? a value that can't hold there and it's not stable it's not a good value

not sure if this increase is genuine or manipulated like many other we had in the past, need to wait and see the outcome, but really it's all about the adoption and block issue at this point, if either of these two get "fixed" you have a big value coming for sure

I think the major stumbling block we face are the scaling issue resulting in high transaction fees. The $2000 mental barrier has been check, and we are all saying that its not possible but within a few months we touched that price. I think the next mental barrier will be $5000, but I doubt we can achieved it this year though. I think the price of bitcoin is really pushing and might get to the peak that we need some correction. Of course, who doesn't want it to get to $5000 but I really having doubts that we can get it, but not this year, but possibly in the next coming years.
legendary
Activity: 3248
Merit: 1070
May 24, 2017, 12:59:35 AM
#17
at this rates it's not so out of qustion to think that 5k might be possible to reach, within this year, but the question is does it hold at that level or return back? a value that can't hold there and it's not stable it's not a good value

not sure if this increase is genuine or manipulated like many other we had in the past, need to wait and see the outcome, but really it's all about the adoption and block issue at this point, if either of these two get "fixed" you have a big value coming for sure
legendary
Activity: 1946
Merit: 1137
May 24, 2017, 12:57:42 AM
#16
i expect a correction after segwit activation when the backlogs are cleared.

you are half correct.
if the scaling issue is finally concluded and we move forward. and also the backlog aka mempool is finally cleared only one scenario can happen.
- the news of moving forward comes out
- price surges upward at another 50% up to 100% from where it is going to be at that moment
- then a correction happens but it will be very short lived and very small because the good news will come out contentiously about bitcoin and all the altcoin bubbles will finally blow up and all the money+profit will fly back to bitcoin and we see another 100% rise.

i am thinking $4000 first then upward towards $8000
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
May 23, 2017, 11:44:54 PM
#15
How do you feel. Will we see $5000 price per 1 bitcoin in this year?
I do not know whats really happening with bitcoin we all wanted that trip to the moon but this is happening so fast. i hope the bubble does

not blow in our faces...i expect a correction after segwit activation when the backlogs are cleared.

Atm am now starting to think we can get to $5000 next week!
hero member
Activity: 2618
Merit: 548
DGbet.fun - Crypto Sportsbook
May 23, 2017, 10:51:08 PM
#14
How do you feel. Will we see $5000 price per 1 bitcoin in this year?

my feeling says no, it is not possible.
but my logic says it is possible but very hard and also hopes it doesn't happen!
because if you think about it a rise to $5000 in such a short period of time is actually pretty scary and that would be a real bubble. that is a 400% rise in this year and it can cause a very long bear market.
As quoted in terms of logical thinking experiencing such a growth percentage is simply a hard thing. With bitcoin in reality anything could happen without any prior indication. For this reason anytime $5000 is possible as the price difference happening with a minimum of around $50 on every forward move.
hero member
Activity: 770
Merit: 500
Bazinga!
May 23, 2017, 10:43:13 PM
#13
How do you feel. Will we see $5000 price per 1 bitcoin in this year?

my feeling says no, it is not possible.
but my logic says it is possible but very hard and also hopes it doesn't happen!
because if you think about it a rise to $5000 in such a short period of time is actually pretty scary and that would be a real bubble. that is a 400% rise in this year and it can cause a very long bear market.
sr. member
Activity: 574
Merit: 250
May 23, 2017, 10:18:28 PM
#12
That's great idea of bitcoin investments in the future of price development has to be more profitable if that $5000 will be a reality next year. If we  observe the proper situation now of price movement in the market , we see it has a successive increase in a matter of few days.  So we now see the  actual pump of price due to the uprising adoption of people in both asia and western countries.
sr. member
Activity: 1190
Merit: 306
May 23, 2017, 09:47:21 PM
#11
I would say no, bitcoin cant reach that 5000$ value. Even the price is on rampage 5000$ price within this year is too difficult to achieved. If theres a great news that will occur it will only driven the price to go 3000$ by the end of this year.
I would say the same thing...except I would have said it for $2300, and that's where the price is right now.  You've got people writing on this forum at this very minute that we're going to reach $100k, but that scares me.  If we ever jumped that high in a year from $1300 (which is a couple months ago), that just isn't rational or sustainable.  Things that go up that fast have a tendency to crash as hard as they rise.  It's been proven more times than the Pythagorean Theorem in finance.  So let us all hope for bumps and setbacks.  Don't get carried away with the madness of the crowd.
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