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Topic: Can Bitcoin Still Go Up? - page 20. (Read 11491 times)

full member
Activity: 353
Merit: 100
https://luxantdigitalbank.com/
August 20, 2017, 08:08:37 AM
#77
There is a possibility for the bitcoin price to go even higher as per the current trends.
sr. member
Activity: 1092
Merit: 257
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August 20, 2017, 07:54:25 AM
#76
indeed it can go up.,
i have been told, it will reach 1 btc = 1 million usd.
idk how long it will take., but imho at the end of the year it will reach 5k at least. and till next year end, it will reach 10k.

hope this helps.,

It may take about 1 year or even one month to see the price you mentioned. It is all about the adoption and increase of supply among the people with the demand of using it.
You could wait and watch till this year's christmas to understand what price will be pass on after next January.
hero member
Activity: 1484
Merit: 516
August 20, 2017, 07:51:07 AM
#75
Now that it's been proven there are many other alternatives to Bitcoin which have advantages such as quicker transactions, smaller fees, and higher mining profitability, I don't see a reason to think Bitcoin will get to $10,000.

Will the price of Bitcoin still go up? It seems so outdated when compared to its competitors.
Bitcoin legend for its competitors, I think bitcoin will keep going up to 10k more usd. I've seen anyone predict up to 25K usd in one thread and also some news at altcointoday.com
hero member
Activity: 737
Merit: 500
August 20, 2017, 07:49:23 AM
#74
Now that it's been proven there are many other alternatives to Bitcoin which have advantages such as quicker transactions, smaller fees, and higher mining profitability, I don't see a reason to think Bitcoin will get to $10,000.

Will the price of Bitcoin still go up? It seems so outdated when compared to its competitors.
according to my logic the rising of bitcoin growth upwards it will make a lot of demand in bitcoin and supply in bitcoin not increase. so I think the bitcoin price can still go up it depends on how the growth is likely now that whale has not moved.
The Bitcoin market in recently (after breakout $4,000 and increasing up to $4,300) is neutral.
We can't predict next decision of whales because the volume buy and sell Bitcoin everyday very same.
I think next time will be happening many change, maybe big crash or big pump make the price of Bitcoin change many more.
full member
Activity: 420
Merit: 100
August 20, 2017, 07:47:51 AM
#73
but no one can say if bitcoin can go up or not. however bitcoin is kind of the most popular coin today. bitcoin is known to many and the Messenger should entrepreneurs will know about it first. they will invest in bitcoin. the rising price bitcoin

Yes. We can't never predict the future of bitcoin but I believe if people continually patronize bitcoin therefore it became popular to the whole worldwide. If this would be possible bitcoin will last and it's price will increasing.
newbie
Activity: 49
Merit: 0
August 20, 2017, 07:46:35 AM
#72
Now that it's been proven there are many other alternatives to Bitcoin which have advantages such as quicker transactions, smaller fees, and higher mining profitability, I don't see a reason to think Bitcoin will get to $10,000.

Will the price of Bitcoin still go up? It seems so outdated when compared to its competitors.

I think bitcoin still has great potential to keep growing its price. Try to imagine if bitcoin is accepted by the world community/government. Bitcoin is adopted nationwide, Bitcoin is accepted as payment and replaces other payment systems in the world, with limited supply and the number of people using bitcoin, it will definitely affect Bitcoin prices. $ 10,000? I think the price is still very low. But it takes time. We'll see 2018 later.
sr. member
Activity: 924
Merit: 275
August 20, 2017, 07:45:31 AM
#71
Now that it's been proven there are many other alternatives to Bitcoin which have advantages such as quicker transactions, smaller fees, and higher mining profitability, I don't see a reason to think Bitcoin will get to $10,000.

Will the price of Bitcoin still go up? It seems so outdated when compared to its competitors.
Yeah the bitcoin will still go up. You can see the progress of the bitcoin is good. I think that before the year will end the bitcoin will become $10000. I can say that the bitcoin will gain more power and popularity this year.
sr. member
Activity: 644
Merit: 250
August 20, 2017, 07:40:22 AM
#70
Less than 1% of world's population is into Bitcoin. 99% either don't have any idea of Bitcoin existence or are skeptical about Bitcoin and cryptocurrencies. These 99% are huge potential market for Bitcoin and cryptocurrencies.

With various countries recognising Bitcoin, merchants accepting Bitcoin and mainstream media covering it, demand is increasing. But supply is limited which will keep on reducing after every four year. Where demand is increasing in millions and soon to be in Billion, supply is just in hundred thousand. Price is set to increase in future too.

This uptrend in Bitcoin's price will sure continue.
sr. member
Activity: 434
Merit: 270
August 20, 2017, 07:32:15 AM
#69
indeed it can go up.,
i have been told, it will reach 1 btc = 1 million usd.
idk how long it will take., but imho at the end of the year it will reach 5k at least. and till next year end, it will reach 10k.

hope this helps.,
member
Activity: 112
Merit: 10
August 20, 2017, 07:30:54 AM
#68
Yes Bitcoin/BTC do still have the strength and advantages to go up 1 or its reason is that it has a limited number of coins and also that it is the First coin to be known.
hero member
Activity: 1666
Merit: 502
August 20, 2017, 07:27:48 AM
#67
Now that it's been proven there are many other alternatives to Bitcoin which have advantages such as quicker transactions, smaller fees, and higher mining profitability, I don't see a reason to think Bitcoin will get to $10,000.

Will the price of Bitcoin still go up? It seems so outdated when compared to its competitors.
according to my logic the rising of bitcoin growth upwards it will make a lot of demand in bitcoin and supply in bitcoin not increase. so I think the bitcoin price can still go up it depends on how the growth is likely now that whale has not moved.
sr. member
Activity: 490
Merit: 250
August 20, 2017, 07:17:34 AM
#66
Mostly ive read a ton of people talking about they hold it for more days their bitcoin to gain more profits, lot of people saying it would be rising up. I agree it would be still up for more though it will dumps sooner but not big just a little. The characteristic of bitcoin is if it goes up it would be down sooner but it will be recovered after that
sr. member
Activity: 434
Merit: 250
August 20, 2017, 07:08:40 AM
#65
I read a news article about Thomas J Lee a Wall Street Stock strategist who believes that bitcoin is certain hit $6000 by next year, His analysis is very reasonable and he is not being overly optimistic about the prospect of getting to that mark, Bitcoin has the trait for stalling at a particular price range for months before surging again, i believe its gonna stall around $4200 before it surges once again.
sr. member
Activity: 1162
Merit: 260
August 20, 2017, 06:59:47 AM
#64
It has all the possibility and potentiality to go up more. If you think btc is outdated then you should concern about the fact that still it is unknown to over 80% people in the world. It means it has a lots of space to grow. And btc is the base of all altcoin so there is no alt coin or any technology which will be outdated the Btc.
hero member
Activity: 882
Merit: 528
August 20, 2017, 06:56:48 AM
#63
After a small research and reading posts of friends here i think yes there's a chance it can still rise.
Also there's a chance it will go down which is very low chance atm.
hero member
Activity: 1050
Merit: 529
August 20, 2017, 06:45:54 AM
#62
Now that it's been proven there are many other alternatives to Bitcoin which have advantages such as quicker transactions, smaller fees, and higher mining profitability, I don't see a reason to think Bitcoin will get to $10,000.

Will the price of Bitcoin still go up? It seems so outdated when compared to its competitors.
The competitors that you are speaking of are not really a lot. Yes, there are a lot of altcoins but 90%of them are shit coins and die out within few months of their creation, the reaming 10% sustain some market cap but almost none of them are a worthy competition for BTC. Yes they probably have better technology but they don't have the popularity or the community that btc has, and thus btc will always go up.
full member
Activity: 784
Merit: 123
August 20, 2017, 06:09:08 AM
#61
My guess is that because of the other competing crypto-currencies bitcoin price will increase up to 5000-6000 USD. Although one never knows, it is possible to have a 10000 USD bitcoin in 2-3 months. Each time bitcoin has increased in value, it was 9-10x. It is possible that this will also happen now.
The market indicators show some decrease of the bitcoin value in the next days, and many economists say that its value will not increase up to 10000 this time, we have to wait another 1-2 weeks to decide if this (10000 USD/ 1 Bitcoin) will happen.
Nobody knows how far is bitcoin goes up,but 10000 it could be hard for that. Bitcoin could change anytime of a day, as long as it is highly demand in the market it could be still on the high price and it will increase gradually. A possible also that it will goes down but not just like before, it depends on the demand and supply in the market.
full member
Activity: 459
Merit: 104
August 20, 2017, 05:48:03 AM
#60
My guess is that because of the other competing crypto-currencies bitcoin price will increase up to 5000-6000 USD. Although one never knows, it is possible to have a 10000 USD bitcoin in 2-3 months. Each time bitcoin has increased in value, it was 9-10x. It is possible that this will also happen now.
The market indicators show some decrease of the bitcoin value in the next days, and many economists say that its value will not increase up to 10000 this time, we have to wait another 1-2 weeks to decide if this (10000 USD/ 1 Bitcoin) will happen.
sr. member
Activity: 644
Merit: 263
August 20, 2017, 05:28:06 AM
#59


All cryptocurreny can still go up

Especially for bitcoin you don't need to wory about that



Nothing like that. Bitcoin though having enormous potential it can still come down at a times if any other alt coin starts making its head up! For example, BCH is coming up now and its at 0.20 BTC per BCH now. What if this takes over the bitcoin ? Then there might be scenario where bitcoin is dropping badly as people will start putting there money into BCH. This is the way this system works, wherever people see the big profits then they will start investing the money there.


sr. member
Activity: 378
Merit: 250
August 20, 2017, 05:08:58 AM
#58
Bitcoin is the best store of value period if we are talking about the coins today. Not to mention it has the best and brightest developers in the space, the people who have been involved in digital cryptography since the 80s-90s. Also you are looking at the price of a coin as "too much" but what you need to look at is market cap. Bitcoin, a censorshipless store of value that can be sent to anyone in the world for a comparatively small fee and it only is valued at the price of a medium sized company like paypal. Even if we went up 5x we would still be under the price of apple, a centralized company. There is so much money out there looking for a good store of value and even now we have only seen a fraction move into the space.
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