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Topic: Bitcoin will never reach 20,000 again - page 15. (Read 1761 times)

sr. member
Activity: 443
Merit: 260
March 07, 2018, 05:20:26 PM
#26
So many prediction and technical analyst that Bitcoin could attain 100K USD this year or even much greater value.

Sorry but this is delusional.
full member
Activity: 476
Merit: 101
legendary
Activity: 1288
Merit: 1012
March 07, 2018, 04:56:39 PM
#24
Simply because the WHALES take the profits whenever there's a 5 to 10 percent growth.  The bottom line is Swing trading and Day trading is real and the HODL method is just what it is...

Believe what you want, Hodl method just works! Bitcoin will go above $20k someday, It's a patience game. Don't feed your Bitcoins to whales lol.
newbie
Activity: 66
Merit: 0
March 07, 2018, 04:48:27 PM
#23
It is so pessimistic. I think there are panicmakers who try to disorient newbie traders for selling their coins. Don't be saps for this panicmakers.
full member
Activity: 392
Merit: 100
March 07, 2018, 04:47:00 PM
#22
I think bitcoin will reach 20k and beyond but we need to wait and we need to be patient. I think in 2020 cryptocurrency market will be huge.
newbie
Activity: 6
Merit: 0
March 07, 2018, 04:45:55 PM
#21
I would be optimistic, and Bitcoin will reach $20,000 this summer. So, need to invest in Bitcoin so much as you can.
full member
Activity: 228
Merit: 100
March 07, 2018, 04:43:02 PM
#20
Im sure Bitcoin price will back may be we can see more than $20,000 because when Bitcoin price increased, I heard there is a lot new Bitcoin user. It will useful later.
full member
Activity: 406
Merit: 102
March 07, 2018, 04:42:00 PM
#19
Actually I agree with you to some extent except that bitcoin will never reach 20.000 again, everyone knows it will but it will take lots of time, there is always day trading now as you said.
legendary
Activity: 1596
Merit: 1034
March 07, 2018, 04:36:49 PM
#18
It is difficult for bitcoin to reach the price of $20k again because until now any bitcoin has not been able to successfully penetrate the price of $12k. Maybe this year will not be like last year but I remain optimistic that bitcoin can reach at least $15k price this year and it looks like the price will happen in the last months of this year.
sr. member
Activity: 630
Merit: 257
March 07, 2018, 03:44:54 PM
#17
I don't agree. I think BTC will surely reach at $20k mark again. Its true that BTC is struggling hard to cross $12k mark but experts says BTC will skyrocket again after march. Moreover, BTC has shown good steady growth in last few days which has created good hopes in investor's heart.
newbie
Activity: 27
Merit: 0
March 07, 2018, 03:10:52 PM
#16
I think it will reach 20k. It is perhaps more a desire or an assumption than a certainty. Nobody can be sure, but analysts of the bitcoin phenomenon say it will grow even more than 20k to 100k.
full member
Activity: 560
Merit: 102
March 07, 2018, 03:06:38 PM
#15
If the dollar continues to fall and eventually will be introduced to the forks and forging coins, the bitcoin rate will begin to grow again as it will be returned.
full member
Activity: 266
Merit: 151
First crypto index traded as a token!
March 07, 2018, 03:04:29 PM
#14
It's sad but true, the 20K high price of bitcoin is what triggered the attention of governments worldwide. Now they will all regulate and there will be no decentralized cryptocurrencies anymore. Which means Bitcoin will not reach 20K anymore.
newbie
Activity: 13
Merit: 0
March 07, 2018, 02:57:25 PM
#13
You have taken on micro point of the ecosystem and focused just on that, and I don't for the life of me know why. Try understanding the macroeconomics behind Bitcoin and the whole system, and I would be hard pressed to see you making this statement again. Never is a strong word in this sense, and although I won't say it will reach 20k 100%, there is quite a high possibility it will. You see the difference there? What you should ideally say is I don't think it will reach 20k, nobody can say anything for certain in this space.

Thanks bro. I respect that...
newbie
Activity: 78
Merit: 0
March 07, 2018, 02:57:10 PM
#12
Simply because the WHALES take the profits whenever there's a 5 to 10 percent growth.  The bottom line is Swing trading and Day trading is real and the HODL method is just what it is...


I disagree. I understand your point, but the crypto market as a whole is still too small. A whale today, probably won't be a whale in some months. Everything is gonna change. It's not about to be optimistic or pessimistic, it's about business facts.
newbie
Activity: 92
Merit: 0
March 07, 2018, 02:55:41 PM
#11
Like bitcoin forum have some specified specific rules and regulations which we require to abide in the same manner it is essential to understand how does bitcoin price works and it works on the economic principle demand and supply. After understanding it you will be clear about price
legendary
Activity: 1386
Merit: 1045
March 07, 2018, 02:55:25 PM
#10
Simply because the WHALES take the profits whenever there's a 5 to 10 percent growth.  The bottom line is Swing trading and Day trading is real and the HODL method is just what it is...

Never is a strong word in this context. This isn't even the worst 'crash' in BTC's price - nowhere close. It can fall by another 50% and still be similar to the price crash after MtGox. There's demand building on the institutional side. Once they have the infrastructure in place, they can enter the market too. Time will tell.
full member
Activity: 322
Merit: 111
Revolutionized Rotating Savings & Borrowings
March 07, 2018, 02:54:08 PM
#9
You have taken on micro point of the ecosystem and focused just on that, and I don't for the life of me know why. Try understanding the macroeconomics behind Bitcoin and the whole system, and I would be hard pressed to see you making this statement again. Never is a strong word in this sense, and although I won't say it will reach 20k 100%, there is quite a high possibility it will. You see the difference there? What you should ideally say is I don't think it will reach 20k, nobody can say anything for certain in this space.
jr. member
Activity: 266
Merit: 1
March 07, 2018, 02:52:01 PM
#8
Whether or not Bitcoin will ever reach 20k again is anybody's guess.  But I think all the holders need to think again because there are too many day traders taking profit all the time for any growth to be sustained.  If money keeps coming out how is the price to go up. 
newbie
Activity: 13
Merit: 0
March 07, 2018, 02:49:26 PM
#7
Whales are only a small percentage compared to the rest of the bitcoin eco system. Price of bitcoin is determined by many factors , one of them being whales trying to make profits which is standard now and nothing new. In the bitcoin price impact can be decided by how many people who use bitcoin, in how many different scenarios is possible to use bitcoin, why is bitcoin better than other payments systems, bitcoin can safeguard my identity when buying some digital goods etc.

When all the above are assessed by many persons and these many persons believe in those values that can impact bitcoin price, bitcoin will go easily above 50.000 dollars.

It sounds good and I hope you are right but more and more people are taking the icing off the cake.
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