we cant say it will or won't because it depends on a couple of things at least.
there are a couple of forces that are increasing the demand and with it the price, such as Japanese mainstream adoption and other smaller news similar to it. and then the good news about Chinese finally making a move has led them to come back and have the same price as the rest of the markets.
but we still have the scaling war/debate thing going. and that is hurting us. if them kids finally stop only seeing in front of their noses and start compromising we can see $5000 and above easily.
Topic: Bitcoin for $5000? - page 3. (Read 2594 times)
Another parabolic move ala 2013 could see 8-10K per btc, then a massive crash down to about where we are right now.
I dont know, a $6000 drop in Bitcoin will hit like a bomb. After China regulation i dont see very deep corrections anymore.
Unknown waters.
BTC lost 85% after it topped out at 1200. i couldnt disagree more with your statement of not having anymore deep corrections, i see major spikes and crashes in these yet young days. Even gold with a market cap leaps and bounds more then BTC has drops of 30-50%. The lottery-ticketers buying in at 10K will be the same ones buying in at a grand last bubble. Wash, rinse, repeat. You need suckers for bubbles, temporary suckers if they have the balls to hold. Most cant, and a tidal wave of selling ensues.
Another parabolic move ala 2013 could see 8-10K per btc, then a massive crash down to about where we are right now.
I dont know, a $6000 drop in Bitcoin will hit like a bomb. After China regulation i dont see very deep corrections anymore.
Unknown waters.
Another parabolic move ala 2013 could see 8-10K per btc, then a massive crash down to about where we are right now.
You are right on that time . we could sense it right now that the price right now is getting huge and huge and it also happen that a big crash will happen that happen way back 2013 so i think it would be reach with that price but eventually it would dumps or crashes a lot .
Another parabolic move ala 2013 could see 8-10K per btc, then a massive crash down to about where we are right now.
How do you feel. Will we see $5000 price per 1 bitcoin in this year?
(...) sending fee high, transaction confirmation is very long time
The price could continue to increase considerably (not sure if $5k this year, though) if these problems are solved with SegWit or by other means.
It's very probable they will get fixed or at least improved by September.
I have no doubt that the current bitcoin rally has the enough momentum to send the price to $5000 or more, although I don't see realistic basis to support this high levels. But the power of speculation is enough to skyrocket the bitcoin price huge this year, and perhaps in few weeks you will see that historic price.
I would say no, bitcoin cant reach that 5000$ 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 want not bitcoin price incraese to 5000 dollar
if bitcoin price very high is many problem, find bitcoin is very dificult, sending fee high, transaction confirmation is very long time
if bitcoin price very high is many problem, find bitcoin is very dificult, sending fee high, transaction confirmation is very long time
How do you feel. Will we see $5000 price per 1 bitcoin in this year?
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