Topic: Do you think bitcoin has hit its peak? - page 3. (Read 1113 times)

How can we think that bitcoin has hit its peak, i think that still bitcoin is trading in its lowest price, we have already touched 20000$ in previous years, therefore we have to reach to that price again and will even its price will continue increasing, because bitcoin still has too much potential and still a lot of people have to invest their money in bitcoin.

$20k is too small for bitcoin. We're not hitting a trillion marketcap until today so it still have a long way to go. The bigger the marketcap, the higher the bitcoin can reach. $20k is just really the start.

I don't think bitcoin has hit its peak already considering that last year's 20,000$ all time high was just a result of the introductory year of cryptocurrency to most of the people across the world and that last year is just the beginning of bitcoin's journey to its peak.

We can't lift any possibilities as market continuously moving but it really needs time to get more investors to help it moving up again. What happen last year's bitcoin ATH at almost $20k is just a lucky and hopefully we got some surprises in this year also.

To be fair, $30k isn't really that unrealistic for this year. It would just need to triple in almost 8 months. During a bull run thats not hard at all. Though I don't think a bull run will start until around the end of this year and I think it'll just be gradual growth the rest of this year so I see $20k - $25k as being more likely than $30k.

I do not think that we are gonna see bitcoin over $30,000 during this year, it is not realistic at all.
To be honest, $15,000 - $20,000 is more a realistic price.

Came on guys, be a little bit more realistic before posting this kind of fantastic things in here.

I have no doubt that the recent scenarios bathed in blood that discouraged so many newbies, are only the beginning of an era of great surprises for all those who proved to have strong hands and were able to withstand that test of fire.

In fact, it would not be strange that at the end of this year we will see new historical records above $30,000, and in a couple of years the price of each bitcoin will be well above the $100K mark.

I think bitcoin has not yet reached its peak because bitcoin has just started its market price to rise drastically last year. The 20,000$ is just the start of its flight to its highest market price. If experts speculations are true, then bitcoin will hit its peak price at 100.000 dollars.

I don't think so because bitcoin is still at the early stage of it development and good days are ahead. I have been studying some articles written by some crypto currencies and one thing I have find in common is that crypto currencies is at it developmental stage and when it is fully develop we would see bitcoin above $1,000,000.

it's impossible to reach that and even more than 20k $ especially now the bitcoin continues to improve its quality as we know the light of bitcoin last year and its light continues to grow, so do not lose it your hope about bitcoin.

As long as Bitcoin hasn't yet even attempted to become a means of payment, it will always rise anew after each crash.

By that I mean people who invest in bitcoin believe it is the future of payments, and we don't know if it will be or not, because it hasn't even begun to try to be that yet. It can't fail until it tries, and so until the it takes a real shot at succeeding it will continue possibly being the future of digital payments and personal banking, which means it will continue to bring in more and more people as the word continues to spread that Bitcoin might be the future.

The only time to be worried that bitcoin won't keep going up is if it becomes a means of payment i.e. the Lightning Network is fully ready and gains a good network and people start using Bitcoin every day through the LN, but then it falls out of favor or its too inconvenient of online wallets are too common or whatever, at that point you should worry Bitcoin has hit its peak. And that's point, of Bitcoin succeeded or failing, is probably a few years away. I'd say for at least the next 3 years as LN grows and other improvements come and more merchants slowly adopt Bitcoin payments (Amazon) and institutional investors start jumping into the game there is no worry about the price, it will continue to climb quickly as the groundwork is laid to see if Bitcoin can/will actually change the world.

No, demands will still rise because of new members, that is why bitcoin will still rise surpasing its highest value last December of 2017.

compared late last year i can say that it does not hit its peak yet but it continued moving high..

It will be very dumb to not think that bitcoin can reach those prices again, think about it not even 1% of the human population have adopted bitcoin and yet we reach such a high price, as long as you're willing to hold for the long term you do not have nothing to worry about the price of bitcoin

IT WILL AGAIN. That's for sure not today, not tomorrow but IT WILL in the near future. The price of 20,000$ is not that easy to gain again it is a lot of money and if you don't lose faith in bitcoin something will happen surprisingly bitcoin always do that.

In fact it is the very early stage of itcoin bitcoin has to cover a lot of distance, therefore i personally do not think that this si the end of bitcoin.

Bitcoin has already done that, i think that bitcoin price is still expected that its price will continue increasing, In fact bitcoin is currently in its early stage it has to continue increasing, therefore i think that its price will still continue increasing and is not still trading in its peak. People still too much confident about bitcoin  price that it will continue increasing for a long long time and will even reach to 50000$ in the end of 2018.

Bitcoin has already done that, i think that bitcoin price is still expected that its price will continue increasing, In fact bitcoin is currently in its early stage it has to continue increasing, therefore i think that its price will still continue increasing and is not still trading in its peak. People still too much confident about bitcoin  price that it will continue increasing for a long long time and will even reach to 50000$ in the end of 2018.

And who can tell what the peak is? In one moment Bitcoin has achieved 20000$ but that doesn't mean this is the top price. Don't forget that Bitcoin is still rather young, cryptocurrencies are yet to take its best position so there is a lot of space for development. Price is defined by the market and the market will set the highest price in one moment but how much this is going to be and when this is going to be no one can't tell.

I believe that bitcoin has so many great potentials: It could become the mainstream currency if given the approval world wide. It is very timely, to day in our modern world need a technology such as this that is fast, safe and would not cost us a big amount on the fees. In the regular bank transactions it has so many hassles and it takes longer plus the fee are over charged. Bitcoin is people power. Nobody can control it. This one here is the most common reason why the government could not accept bitcoin easily because they could not trace the transactions and they lost the mandate over such. So in short if bitcoin will be approved by the government then at that people will not hesitate to invest and by then it can really reach its peak value in the market.