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Topic: Can Bitcoin cross $50,000 by Dec 2020? - page 3. (Read 844 times)

sr. member
Activity: 1624
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October 29, 2019, 12:52:51 AM
#73
You think too far ahead because the end of 2019 also hasn't happened yet. no one can be sure of the exact rise in bitcoin prices, let alone have to predict the end of 2020 as what you say. we can only follow the flow of market price movements because any increase that occurs cannot be accurately predicted
OP trying to predicted for 2020 because in this year bitcoin will has most important moment.many expert and crypto communtiy very confidence at that year bitcoin price will touch new record.it based on previous data and research , after halving btc price will moon.and if we make this prediction i think there no fault for it.as trader and investor this the thing that we have to do.
sr. member
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October 28, 2019, 06:45:12 PM
#72
You think too far ahead because the end of 2019 also hasn't happened yet. no one can be sure of the exact rise in bitcoin prices, let alone have to predict the end of 2020 as what you say. we can only follow the flow of market price movements because any increase that occurs cannot be accurately predicted
sr. member
Activity: 1666
Merit: 276
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October 28, 2019, 02:41:14 PM
#71
Who knows? We couldn't be certain about the price of Bitcoin and this sudden rise is the perfect example .
The price movement could easily change we have seen it dropping down yesterday and it could go back climbing up the next.
So asking for the price in the future is impossible to have an accurate answer.
That's true, none knows what gonna happen with the price over the falling days, weeks, months and years. Everything put forth were based on some predictions upon the market changes associated with various occasions. This sometimes gives a coincidence and sometimes fails. Accuracy of the market price is not possible, but close values were predicted. What's been stated is an achievable price but when this gonna happen is unknown.
hero member
Activity: 1426
Merit: 506
October 28, 2019, 02:02:14 PM
#70
With so many good altcoins around, do you think Bitcoin can cross $50k by Dec 2020?
May i know how about altcoins have you invested to have this much confidence in the altcoin market, even if there is a rally in the altcoin market only the top coins will move upward and the rest of the shit coins will be dying in a few years time, i am not a visionary to predict the price of bitcoin but it is possible that the price could reach those valuation in the future considering the logic of the amount of coins in the market reduces with the next halving.
sr. member
Activity: 994
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October 28, 2019, 01:32:29 PM
#69
Who knows? We couldn't be certain about the price of Bitcoin and this sudden rise is the perfect example .
The price movement could easily change we have seen it dropping down yesterday and it could go back climbing up the next.
So asking for the price in the future is impossible to have an accurate answer.
legendary
Activity: 3416
Merit: 1225
October 28, 2019, 10:06:38 AM
#68
With so many good altcoins around, do you think Bitcoin can cross $50k by Dec 2020?

Although I want this to happen, I want to be realistic, there are expectation and reality on everything I want to focus on reality and will just expect something when there is a realization that it could happen, but unfortunately, there is none, the $8000 level has been on us for two to three months and I don't see the trend changing, we are likely to experience that this 2020.
But I hope I'm wrong I will be happy if there is a big jump on the price because in the back of my mind I also want another all-time high.
legendary
Activity: 3318
Merit: 1133
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October 28, 2019, 09:09:28 AM
#67
What the hell is that suppose to mean?
With many altcoin around? And then bitcoin at 50k? It is like a contradicting statement without a valid reasoning afterwards.

Bitcoin will reach a good number and there is no doubt about it. Without good altcoins or bad altcoins, it can still move forward and there is no stopping it.
sr. member
Activity: 910
Merit: 254
October 28, 2019, 08:47:42 AM
#66
With so many good altcoins around, do you think Bitcoin can cross $50k by Dec 2020?
Not sure whether bitcoin can hit that anticipated level of $50k by the next year because its too high.But if everything goes right and large manipulations or dump situation are not faced than we might hit $25-$30k next year.But still there are chances of everything in this market.
sr. member
Activity: 980
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October 27, 2019, 06:55:13 PM
#65
With so many good altcoins around, do you think Bitcoin can cross $50k by Dec 2020?

Good altcoins around doesn't affect bitcoin price i think.
I would say it's hard to reach 50k but it's not imposibble, but we have to attract so much investors to buy and hold bitcoins to reach that price.
I think good news from china yesterday can make investors from china back to crypto again just like 2017 and make a new all time high.
sr. member
Activity: 1190
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October 27, 2019, 06:30:59 PM
#64
I would give like 20% chance that it will. By Dec 2021 that chance is way higher.
I wouldn't go that high on bitcoin's chances to hit $50,000 by the end of next year.  I'd say maybe there's a 2% chance, if that.  It really has a long way to go before things start to heat up that much, and remember, if bitcoin starts to rise that fast it'll probably crash just as hard as it did when it hit its last all time high. 

I think its pretty unlikely without alot of momentum and 'rocket fuel' type action in the volume happening, I see no reason for that to occur right this moment.
We're starting to see a little bit of momentum now, but it's only been like 2 days since bitcoin went up around $2000 and there's no way to tell if this is the start of something or just a fluke of the market.  I guess the good thing is that the price appears to be hanging on at around $9400-$9500.  When I wake up tomorrow morning I'm hoping no disasters have struck with the price.  That happens occasionally.
legendary
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October 27, 2019, 06:08:28 PM
#63
Yes, i think so. Could happen even faster, because on the road to the marketcaps we are going to after that 50k are so high that there need to be high volatility (read market cycles) before that. And those rises and crashes will happen fast in the beginning of that road.
STT
legendary
Activity: 4088
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October 27, 2019, 06:02:47 PM
#62
I think its pretty unlikely without alot of momentum and 'rocket fuel' type action in the volume happening, I see no reason for that to occur right this moment.   I can understand accumulation and some positive action but my guess is we go back and forth as has been the case previously.




Heres an old chart I wanted to post, just showing action at this previous price level with lots of back and forth between the space in the larger move.  That'd be a normal outcome from now to year end.
full member
Activity: 1316
Merit: 104
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October 27, 2019, 02:48:30 PM
#61
Although it is impossible to predict the future but we can speculate. bitcoin can surpass that level the way the price is moving this time around.
sr. member
Activity: 641
Merit: 253
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October 27, 2019, 02:17:48 PM
#60
Bitcoin halving will happen in May 2020! After every halving, Bitcoin went to the moon! So, this is possible for Bitcoin to hit 50K USD at the end of 2020 to the first half of 2021! Personally, I would be very happy if the Bitcoin price hit 30K USD!
legendary
Activity: 1960
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October 27, 2019, 12:54:54 PM
#59
Well, I think 50K$ is too much to expect from BTC by the end of 2020. It could happen somewhere in the span of five years but not before than that. Even we are heading towards the BTC halving next year, 50K$ doesn't seem to be achievable yet it would be astonishing to see if it managed to do so. However, BTC has enormous potential so, we can easily expect it breaking its previous ATH by the next Dec...
sr. member
Activity: 1092
Merit: 250
October 27, 2019, 12:41:42 PM
#58
Very possible but you should know that altcoin would not determine it.
Altcoins has no match for Bitcoin, at least we haven't seen any coin which will be for now, probably in the future there might be.
What could contribute to the price of Bitcoin reaching 50k by Dec 2020 are more adoption, less panic sell and more positive acceptance from governments.
We are reaching the end of October and to see a valuation of $50k you need to have a crazy hike in price and it is impossible to expect a price like that in the near future and it would be a surprise if we are able to break the all time profit in the next few months let alone reaching new valuation  Tongue.
Altcoin market will rise whenever the price of bitcoin rises and that is what we are seeing in the past.

The value of $ 50k is huge for the long term. I believe it will touch on it, but for the short term it is not possible. Bitcoin is currently a price range of $ 9.6k lower than $ 50k. It also takes time to get through the real price is bitcoin.
hero member
Activity: 1302
Merit: 532
October 27, 2019, 12:11:09 PM
#57
Very possible but you should know that altcoin would not determine it.
Altcoins has no match for Bitcoin, at least we haven't seen any coin which will be for now, probably in the future there might be.
What could contribute to the price of Bitcoin reaching 50k by Dec 2020 are more adoption, less panic sell and more positive acceptance from governments.
We are reaching the end of October and to see a valuation of $50k you need to have a crazy hike in price and it is impossible to expect a price like that in the near future and it would be a surprise if we are able to break the all time profit in the next few months let alone reaching new valuation  Tongue.
Altcoin market will rise whenever the price of bitcoin rises and that is what we are seeing in the past.
sr. member
Activity: 744
Merit: 266
October 27, 2019, 10:43:12 AM
#56
Bitcoin halving is scheduled in 4th quarter of 2020. This will surely gonna bring up a price pump. Bitcoin reaching $50k will take the marketcap to $900 Billion plus. This will need a huge cash inflow. The danger of recession is also there. If it happens, people will be reluctant to put their money into any new venture which could be risky. This can restrict the money inflow. I think the price might touch the levels of $30k. But reaching $50k is a bit tough.
sr. member
Activity: 2030
Merit: 269
October 27, 2019, 10:36:45 AM
#55
With so many good altcoins around, do you think Bitcoin can cross $50k by Dec 2020?

There a lot of good altcoins but they are nowhere near from the support Bitcoin is getting right now, It's been two years of struggling for Bitcoin price honestly,  there is no guarantee if the price will reach that level come next year, we have high hopes before 2017 ends but look what 2018 and 2019 has brought us we can only hope, now that Bitcoin is being adopted globally let us just continue our support, everything will fall in the right place and Bitcoin's price will eventually hit another all time high.
hero member
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October 27, 2019, 10:29:33 AM
#54
Woahh! I just wish it’ll reach that amount but back to reality, we haven’t even reach the $20,000 mark which was long been predicted and now $50,000 in Dec 2020? hmmmm I just think it is quite impossible. Bitcoin still has a long way to go and we still even not sure will reach $20k in 2020 so I won’t buy on bitcoin having $50k in dec 2020, I don’t know but I just feel that with all the manipulation going on from time to time that made people having second thoughts about bitcoin, $50k is just a big price but who knows, maybe a miracle will happen let see when we get there.

A small possibility indeed, the $50,000 USD sure is a great price for Bitcoin to settle, but the possibility is pretty much slim but maybe it will if the whales would interrupt with Bitcoin and may have their own pump manipulation again that can be possible but given the latest all-time high the price might just sit to $30,000 or $40,000 USD only.

Don't worry you are not the only one who's having second though because there are many indeed that have the same prediction and including myself.

Anything can happen within this space and I'm positive that year 2020 will be a good year for Bitcoin given that the halving is coming. We may or not reach $50k but I'm pretty sure that we will surpass the $20k mark and create a new ATH for Bitcoin. The history of Bitcoin halving will always repeat  Cool
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