I just saw it go to 6k and then back to 10k, so 30% rise in a month. Is that bad? Does that mean the whales will sell at every raise and won't let people profit? No, it doesn't work like that. You're allowing your emotion to drive you and you're adding to your negativity by writing those sob stories about newbies panicking and crashing the market or whales not allowing the price to rebound. We had a huge amount of Gox coins being sold in a short period of time and the market had no time to digest and redistribute this. It will regulate itself in time.
30% within a month , we can imagine if the situation run continuously what would we get in the next 3 or 4 months? Back to $20,000! We all know it's frequently happened in crypto where the price movement are so quick , up and down yeah. About the big money from mt Gox spent and sold at the market causing this stuck , I would agree , it's crazy really to sell your 300,000 Bitcoin in hurry . 20,000$ seems still realistic to reach but yeah of course not now. 
Topic: Bitcoin will never reach 20,000 again - page 9. (Read 1761 times)
Just keep calm and watch the show guys, bitcoin will scyrocket again it ll happen soon
We cannot expect Bitcoin to be in a higher price always, crypto market is volatile and anything can happen at anytime. Bitcoin is not the only crypto which is down and you can see the list that almost every crypto is down. There are many reasons for this but the current price is not actually worrisome. Be calm and don't be panic and make others also panic.
Bitcoin would reach 20k within this June or July as per experts prediction.
Bitcoin would reach 20k within this June or July as per experts prediction.
I believe this is the consolidation stage in the market wherein it could last until Q4 of the year. $20k is not impossible to reach again by the time when most corporations and the public have adopted the technology behind BTC.
Who knows what will happen. Nobody. All this things were just speculation. However, the decline of the asset's value, it is often temporary and will always go back up. It will go back up.
Ironic thing is the time to be bearish is not likely here or now. Fair enough if you could foresee 20,000 as a sell but to expect a straight sell at every price is not close to accurate. 8000 area is likely strength that will work to discover if the 200 DMA is now an area for the ceiling. 8000 was a low in November before BTC gained alot to 20,000 and its also been an area for hesitation even with negative price movements since then.
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...
That's probably one of the reason why bitcoin might not reach the $20,000 again, but we all know that bitcoin is unpredictable and no one knows what will actually happen after this deep dumping price of it. But who knows? It might be also the reason of a sharp increase of its price that's higher than what you expected.
Please don't spread FUD without proper backup.
If you take a look couple of year ago, it's no where near dip from the event when Mt. Gox got hacked and collapsed.
Be patient. Trust in Bitcoin. It's still in the experimental phase. Once the market adoption is growth, it will only keep the price nice and steady.
If you take a look couple of year ago, it's no where near dip from the event when Mt. Gox got hacked and collapsed.
Be patient. Trust in Bitcoin. It's still in the experimental phase. Once the market adoption is growth, it will only keep the price nice and steady.
I just saw it go to 6k and then back to 10k, so 30% rise in a month. Is that bad? Does that mean the whales will sell at every raise and won't let people profit? No, it doesn't work like that. You're allowing your emotion to drive you and you're adding to your negativity by writing those sob stories about newbies panicking and crashing the market or whales not allowing the price to rebound. We had a huge amount of Gox coins being sold in a short period of time and the market had no time to digest and redistribute this. It will regulate itself in time.
I get your point that the bigger players are hindering the growth once there is more than a 10% growth, however we have seen it skyrocket before so I think it's just a matter of time. You gotta have faith!
As I said earlier, we needed to close above resistance level coming from the previous dips, on that formed line, in order to not enter panic mode, and we didn't, so we are crashing. If we go below $8000 it isn't going to be pretty. We could be looking at $7000 as the next resistance point, drawing a line from $2955 and $1830, september and july respectively.
If that doesn't hold, we may be looking for a triple bottom at $6000. If that doesn't hold.. oh well, we may revisit lower prices, which is awesome because it means cheap as fuck coins to pick from.
If that doesn't hold, we may be looking for a triple bottom at $6000. If that doesn't hold.. oh well, we may revisit lower prices, which is awesome because it means cheap as fuck coins to pick from.
well, we will not know what will be in the future. I still believe that bitcoin prices will reach that price. well, maybe right now, bitcoin has not shown anything significant, which can make the price get high, but, I'm sure in the future it will come up.
The bitcoin price is currently around $ 9100 and I think this is a regular phenomenon as early as the year, we'll see prices skyrocket when prices are past $ 15k, and I'm sure before spring it will happen.
We should always think that bitcoin is a future asset, if we sell now then we will regret for selling cheaply, if we look for a few years then when the beginning of the year looks hard to rise, the price will skyrocket usually after August, so the price of $ 20 k will be easily achieved in this year. 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...
Maybe you are not aware of what exactly happened last year that has to move Bitcoin to $20,000 and what happen to Bitcoin that it's value has decline to the current of around $7,000 and so on. Bitcoin value not reaching $20,000 is an understatement of crypto currency community believe. 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...
Nope the title is untrue almost certainly. I will bet a bag of beans Bitcoin will reach $20,000 again simply because the US dollar has far greater troubles then bitcoin overall. I would just compare it to the old Russian Rouble which has an exchange rate of 10,000 to 1 for the new Russian Rouble. Esentially that country had to default on its obligations as a government because it could no longer service them reasonably or pay the interest and levying enough tax to pay the debt was not feasible either.This is the situation facing USA and I presume why dollar devalues greatly as every Treasury bond pays out in US dollars. So they will soft default and repay in dollars of much lower value.
Back to the OP and thread title, this greatly helps the exchange rate to bitcoin. I'm not saying 20,000 bitcoin will be as great an accomplishment but its quite certain it will occur one day. The only 1% doubt I have is that the protocol is not continued for long enough parallel to dollars, but I think it will. [I guess it could be banned by law]
At first my strong apologize for my words.
I won't agree with your point. Bitcoin price will get back to 20k$ very soon.Now the demand of bitcoin is increased due to low price. And it will increase the bitcoin price indirectly.Henceforth the price of bitcoin will reach the maximum raise in a month and in two months it's possible to see the 20k$ peak.
I won't agree with your point. Bitcoin price will get back to 20k$ very soon.Now the demand of bitcoin is increased due to low price. And it will increase the bitcoin price indirectly.Henceforth the price of bitcoin will reach the maximum raise in a month and in two months it's possible to see the 20k$ peak.
Bitcoin has been told to be dead for a million times, no for a gazillion times.
Every technology have some deffectsHow come that the community can't do something for modern thing?
Sometimes billions dollars not enough for making something simple, useful and helpful, because long time played in other game. It's not simple to have billions of dollar that is allocated for something.
Isn't the blockchain technology idea came from bitcoin and all of these alts are just copy cats?
Blockchain technology is not from bitcoin but from nature same like global computer system.
Well, I am with bitcoin since 2015 and remember such "depressive times". I remember how it gained 1000$ and then back to 400$ and a lot people was saying "it will never gain 1k$ again". Now its 9,000$. Yes, maybe we will need more then 1 year to return 20k$ but I am sure we will. It wasn't last pump of btc I am also sure. We will have a few bigger pumps in future BUT now is depression period. Wait some month and it will start recovering.
The bitcoin will surely grow to $20000 and will be more expensive. The market is very changeable If to buy today bitcoin that by the end of 2018 it will rise in price surely. But it is necessary to be able to wait. You get good profit
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