Author

Topic: BTC price serge (Read 102 times)

member
Activity: 238
Merit: 38
February 06, 2018, 11:22:50 AM
#6
I am very sure, if bitcoin will return to $ 20,000 without having to wait 5-10 years
how about we make it 3-4 months? I read everyone's comments about the predictions of whether bitcoin will go back up or not
and I found the positive side, almost 80% of people believe that bitcoin will return high
and I totally agree with it

Many people are talking about this as it is a current trendy topic to talk about as everyone wants to know will they gain more or trade for fiat etc. Since we have many new investors who might be in this position for the first time to buy at all time highs and see their investment to lose value. So by writing these topics news websites and others can potentially grab some readers and they are all giving us hope, because if you notice always before price went down but recovered later on. This was huge fall from 20k till like 6k still, I can't deny this fact. Bitcoin and other cryptos is not something that will simply disappear and be forgotten fast.
member
Activity: 336
Merit: 12
February 06, 2018, 11:18:07 AM
#5
I am very sure, if bitcoin will return to $ 20,000 without having to wait 5-10 years
how about we make it 3-4 months? I read everyone's comments about the predictions of whether bitcoin will go back up or not
and I found the positive side, almost 80% of people believe that bitcoin will return high
and I totally agree with it
member
Activity: 238
Merit: 38
February 06, 2018, 11:04:17 AM
#4
in 2013 it went up to $1000 which was huge high at that point and suddenly fell, and it took another 4 years to go to that price again.... same scenario here it went up to $20 000 in no time which is not natural at all. and suddenly has fallen down to $7000 now. i hope if its to hit $20 000 ever again, it will take another 5-10 years. whats your thought

Many exchanges are closed for new people, don't enable them to open accounts because they simply don't have strong servers that can hold that much load, Canda issuing their ETFs. To me this doesn't sound like we will wait few years, you above all have roobinhood entering the market and many more exchanges. You have many popular youtubers and influencers over social media who are talking about crypto or have at least one time said something about it which raises the knowledge about crypto in general. This is why I will say that we should see this year price hitting 20k if not more. You have many people that are encouraging others to "HODL" and buy the dip which is funny when I think of it, but at least it keeps price for not dumping even more.

Surge is happening, it will be good specially if some big countries start to offer some more regulation this year which will  have good impact on the market overall since some people are still skeptic about crypto.
hero member
Activity: 1022
Merit: 564
Need some spare btc for a new PC
February 06, 2018, 10:47:24 AM
#3
5-10 years for the price to go up to $20.000 again? I'd say more like 3-4 months to get to $15.000 and maybe around summer to hit $20.000... There have been speculations and predictions that the price just might hit $100.000.

Bitcoin has got the big audience since 2017 and this price drop happens every year, it'll be back in no time.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
February 06, 2018, 10:39:37 AM
#2
So you're saying that you're hoping that it would take years to go back to $20k? 🤔 Grin

Anyway. True. The same could happen and it could take years and years before we have another bull run. But it's also possible that it could take only a few weeks or a few months for the price to rebound back up. There's so much both good news and bad news that it's really hard to tell. The only thing bitcoin enthusiasts can do right now is hold, and be patient. Time will tell.
newbie
Activity: 53
Merit: 0
February 06, 2018, 10:34:48 AM
#1
in 2013 it went up to $1000 which was huge high at that point and suddenly fell, and it took another 4 years to go to that price again.... same scenario here it went up to $20 000 in no time which is not natural at all. and suddenly has fallen down to $7000 now. i hope if its to hit $20 000 ever again, it will take another 5-10 years. whats your thought
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