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Topic: Has bitcoin price reached its peak? (Read 402 times)

jr. member
Activity: 322
Merit: 1
April 01, 2018, 09:16:18 AM
#51
Nobody knows the future. In my opinion, Bitcoin has a long ways to go before its done
full member
Activity: 266
Merit: 151
First crypto index traded as a token!
March 26, 2018, 01:54:17 PM
#50
Bitcoin has reached it's 2017 ath of almost 20K in December last year. It has not yet reached it's ath of this year, that will happen in December, bitcoin will the reach 30K. The price is dropping at the moment from 8K something to below 8K. That's the result of all the FUD of the last few weeks. But the IRS is giving cryptocurrencies real hard times with their statement that crypto will be considered properties that will be taxed. When all this FUD is over, the price will start increasing again.
newbie
Activity: 52
Merit: 0
March 26, 2018, 01:50:50 PM
#49
I do not think that with the regulation of the cryptocurrency by the state, this will somehow affect the price of bitcoin.  the future may be bitcoin and will become a common payment method
hero member
Activity: 630
Merit: 500
March 26, 2018, 01:42:52 PM
#48
It's like the ocean waves, up and down as a way of life; hopefully this volatility will start to subside and a healthy climb results.
newbie
Activity: 83
Merit: 0
March 26, 2018, 01:41:15 PM
#47
Japan has become one of the largest markets in the world for cryptocurrencies. Trading in bitcoin-Japanese yen accounted for about 57.6 percent of total bitcoin trading volume, according to CryptoCompare.

Japanese authorities recognized bitcoin as legal tender last April and require cryptocurrency exchanges to register with the government. Sixteen exchanges have done so, March 7, reported by FuninUSA.

Hong Kong-based Binance was operating in Japan through the internet without a license for a virtual currency exchange. Recently, Japan’s Financial Services Agency issued a warning Friday to major cryptocurrency exchange Binance for operating without registration in the country.

Binance CEO Changpeng Zhao confirmed receipt of the warning, tweeting: "Our lawyers called JFSA immediately, and will find a solution.” Reported in FuninUSA, Zhao has once expressed that the company tried to get a license in Japan but has decided to remove its staff from its office.

Bitcoin traded 3.4 percent lower near $8,417, according to CoinDesk at 10:20 a.m. ET. As you know, this price is nearly half the price when bitcoin hit its highest price last year.

With the stricter regulation of cryptocurrency, what do you think is the trend of bitcoin price? Also, what’s the possibility that bitcoin would become a prevalent method of payment? Huh

I think the price of bitcoin is now low. In the past two months, the price of bitcoin has dropped from $20,000 to $8,000. I think this is only temporary. He will soon return to normal. What we need to do is to wait patiently.
full member
Activity: 448
Merit: 110
March 26, 2018, 01:35:41 PM
#46
For me, I think that bitcoin didnt reached its peak yet because it is still early years for cryptocurrency there are so much room for improvement and also in the following years there will more development will be made for Bitcoin and for crypto as a whole. So we can see much higher peak in the future.
legendary
Activity: 1638
Merit: 1001
March 26, 2018, 01:35:22 PM
#45
Japan has become one of the largest markets in the world for cryptocurrencies. Trading in bitcoin-Japanese yen accounted for about 57.6 percent of total bitcoin trading volume, according to CryptoCompare.

Japanese authorities recognized bitcoin as legal tender last April and require cryptocurrency exchanges to register with the government. Sixteen exchanges have done so, March 7, reported by FuninUSA.

Hong Kong-based Binance was operating in Japan through the internet without a license for a virtual currency exchange. Recently, Japan’s Financial Services Agency issued a warning Friday to major cryptocurrency exchange Binance for operating without registration in the country.

Binance CEO Changpeng Zhao confirmed receipt of the warning, tweeting: "Our lawyers called JFSA immediately, and will find a solution.” Reported in FuninUSA, Zhao has once expressed that the company tried to get a license in Japan but has decided to remove its staff from its office.

Bitcoin traded 3.4 percent lower near $8,417, according to CoinDesk at 10:20 a.m. ET. As you know, this price is nearly half the price when bitcoin hit its highest price last year.

With the stricter regulation of cryptocurrency, what do you think is the trend of bitcoin price? Also, what’s the possibility that bitcoin would become a prevalent method of payment? Huh

I think this man is right.
https://blog.unocoin.com/analyst-who-predicted-bitcoins-rise-now-sees-it-hitting-300-000-400-000-fdfdd2fb01c5
full member
Activity: 462
Merit: 101
BitcoinSN - The Real Bitcoin!!!
March 26, 2018, 01:30:58 PM
#44
Japan has become one of the largest markets in the world for cryptocurrencies. Trading in bitcoin-Japanese yen accounted for about 57.6 percent of total bitcoin trading volume, according to CryptoCompare.

Japanese authorities recognized bitcoin as legal tender last April and require cryptocurrency exchanges to register with the government. Sixteen exchanges have done so, March 7, reported by FuninUSA.

Hong Kong-based Binance was operating in Japan through the internet without a license for a virtual currency exchange. Recently, Japan’s Financial Services Agency issued a warning Friday to major cryptocurrency exchange Binance for operating without registration in the country.

Binance CEO Changpeng Zhao confirmed receipt of the warning, tweeting: "Our lawyers called JFSA immediately, and will find a solution.” Reported in FuninUSA, Zhao has once expressed that the company tried to get a license in Japan but has decided to remove its staff from its office.

Bitcoin traded 3.4 percent lower near $8,417, according to CoinDesk at 10:20 a.m. ET. As you know, this price is nearly half the price when bitcoin hit its highest price last year.

With the stricter regulation of cryptocurrency, what do you think is the trend of bitcoin price? Also, what’s the possibility that bitcoin would become a prevalent method of payment? Huh
There are high probabilities of bitcoin to become prevalent method of payment as there is huge demand rising day by day all over the world and especially in my country India the demand is rising at rapid speed.The trend of the bitcoin price is looking good for now as i can see the bottoming formation is almost came to end and now it's time to rise soon. I am personally planing to start long term investing plans soon by this month end.
legendary
Activity: 2702
Merit: 3045
Top Crypto Casino
March 26, 2018, 06:44:57 AM
#43
All these rules and regulations will dump Bitcoin even more.
Bitcoin shouldn't be regulated or controlled. Governments will never accept that and will regulate it after they realized they can't stop it.
Though, the price can't be predicted due to high fluctuation that can't be explained.
member
Activity: 238
Merit: 10
March 26, 2018, 06:26:07 AM
#42
I think that it is not, because it has not yet been mined to its last exodus and will be mined for at least 20 years so while it is extracted it is almighty
legendary
Activity: 1386
Merit: 1058
March 26, 2018, 06:14:37 AM
#41
For the question of bitcoin is already reached its peak price levels then definitely you want to, has bitcoin being adopted by all the people this world or leased by half of the world population or 10% of them ? If the answer is "no" then definitely the peak price of bitcoin yet to come. I mean to say adoption level will be deciding bitcoin price level which means more demand will occur when more people will be adopting bitcoin which only decide the peak price of bitcoins.

Japan's adoption and regulation may first out of world's ~180 country. More country may follow Japan in coming days which may decide another level of demand of bitcoins. In my opinion, it is completely meaningless to call $19,800 as a peak level of bitcoin for all the times.
member
Activity: 100
Merit: 10
March 26, 2018, 06:07:15 AM
#40
Japan has become one of the largest markets in the world for cryptocurrencies. Trading in bitcoin-Japanese yen accounted for about 57.6 percent of total bitcoin trading volume, according to CryptoCompare.

Japanese authorities recognized bitcoin as legal tender last April and require cryptocurrency exchanges to register with the government. Sixteen exchanges have done so, March 7, reported by FuninUSA.

Hong Kong-based Binance was operating in Japan through the internet without a license for a virtual currency exchange. Recently, Japan’s Financial Services Agency issued a warning Friday to major cryptocurrency exchange Binance for operating without registration in the country.

Binance CEO Changpeng Zhao confirmed receipt of the warning, tweeting: "Our lawyers called JFSA immediately, and will find a solution.” Reported in FuninUSA, Zhao has once expressed that the company tried to get a license in Japan but has decided to remove its staff from its office.

Bitcoin traded 3.4 percent lower near $8,417, according to CoinDesk at 10:20 a.m. ET. As you know, this price is nearly half the price when bitcoin hit its highest price last year.

With the stricter regulation of cryptocurrency, what do you think is the trend of bitcoin price? Also, what’s the possibility that bitcoin would become a prevalent method of payment? Huh

I do not think that Bitcoin prices have reached the limit, many now invest in other currencies instead of Bitcoins because they believe that Bitcoin can not grow anymore and that contrary trends and beliefs The lousy news about Bitcoin is getting bigger and bigger.
full member
Activity: 350
Merit: 102
March 26, 2018, 05:54:52 AM
#39
the regulations may have an influence on the price of bitcoin but it is currently a cryptocurrency that despite its fluctuations is the first option of many investors, has had a strong resistance at its current price and I think that will make it less vulnerable to sharp falls , many expect a big bitcoin rise at the end of the year so they have their investments in it.
full member
Activity: 518
Merit: 100
March 26, 2018, 05:36:32 AM
#38
Maybe for this time being, Bitcoin price is stabilizing in $8k-$9k and I think it's all good for now as there is no reason for it to fall down to a new low or even get to a new all time high. Last year was a great year for Bitcoin's price increased and we must be thankful for that especially to those early investor that made a good profit.

I think if Segwit will go through with full implementation of Lightning Network this year then we can expect another massive increase for Bitcoin and I really believe that it will happen.

Yes, I also believe that it will happen soon and there's a prediction bitcoin can be reached $50,000 before the end of 2018.
To get a big profits the great way is to invest in bitcoin.
sr. member
Activity: 2618
Merit: 439
March 26, 2018, 05:11:12 AM
#37
I don't think that we have reached its peak. How can somewhat measured its peak when everything is based on speculation?

It can go as high as $100K to even 1 million for all we know. So I don't think we can say that this price is the peak when it go literally increase in a matter of minutes when whales suddenly pumped the market.

And bitcoin is still in its infancy, and we even haven't mine the last of it (although we are getting closer), with that said, I don't think we have reached our peak, actually we really don't know what will be our peak to be honest.
member
Activity: 266
Merit: 10
March 26, 2018, 05:03:46 AM
#36
Of course, I do not think that this is the peak of everything, again, the mood swings in bitcoin occur and this is when the difference in the future will change to an optimistic wave.
full member
Activity: 563
Merit: 102
March 26, 2018, 04:56:34 AM
#35
I think also Bitcoin has not reach its price peak yet. Since its still in early stage yet for the cryptocurrency-birth and still on the stage for people to acknowledged it. If I may predict its price, maybe it will reach to $50k dollars but not this year.

I don't think so that bitcoin reached its peak already. It is yet to be reached. We Can't really say that it reached its peak because it is too early to speculate, I think that by the end of this year it will bounce back again and rise .I have reas in some news that it wil reach 50k usd but before that, bitcoin has to suffer the dip again.
member
Activity: 560
Merit: 10
YOUC - www.youengine.io
March 26, 2018, 04:52:19 AM
#34
bitcoin has reached its peak price in the market last december 2017.
Bitcoin was around $19k price at that time. and the lowest point on this year was at the february.
it was around $6k price in the market.
newbie
Activity: 196
Merit: 0
March 26, 2018, 04:07:08 AM
#33
Bitcoin price has not reached it's peak. I don't think we have even begun to graze the surface of the possibilities when it comes to the price of bitcoin. There are new investors coming in everyday and there are more yet to come in and this will just help in driving the price up.
newbie
Activity: 28
Merit: 0
March 26, 2018, 03:34:20 AM
#32
I don't think it has reached it's peak. Bitcoin has the capacity to grow more. Some news these days have kept it low but it will show it's strength in the near future.
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