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Topic: How far is 50k bitcoin? (Read 539 times)

sr. member
Activity: 392
Merit: 250
August 15, 2018, 03:37:28 PM
#61
My best guess would be within a year.
sr. member
Activity: 795
Merit: 251
August 15, 2018, 12:38:08 PM
#60
Bitcoin prices will have difficulty to increase prices up to $ 50k because the current condition of bitcoin prices is bad news and even a lot of bad news that makes the price of bitcoin falls, so it will be very difficult to increase prices.
Bad news is curbing the rise of bitcoin now, $50k dollars is not only far but also very far. In the immediate future, perhaps $10k should be expected.
legendary
Activity: 3234
Merit: 1130
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August 15, 2018, 12:31:21 PM
#59
I think the 50K bull market has not begun yet.

Bitcoin: $6 568

probably in 5 years it will be possible to see this $50,000 price... let us be patient.
 
So, I think 50K or may be 100k btc is still very far than we are expecting.

as I said, we can reach these prices in 5 years, it will depend on the demand and the regulation of the governments. As the years go by we will see governments adopt regulations that are beneficial to bitcoin and this will bring demand for bitcoin, see that now we are talking about ETF that can be approved still in those months or can be approved in the next years, That means that eventually things will improve for bitcoin.

If a day we see the Bitcoin value at $20,000 people will start to sell everything they own. Only the traders and the longtime Bitcoiners will continue to hold. And since the majority will be selling the price will drop in a short period of time. And the circle will continue, once at $20k again the same thing will happen.

I think you can forget the $50k Tongue
Of course.Its true.But donot forget that even if most people sell their bitcoins when it's price reaches 20,000 dollars,still if more new investors come in to the bitcoin market then it's price may remain at that same range.

I agree, I was explaining to someone exactly that.
hero member
Activity: 1361
Merit: 506
August 15, 2018, 11:51:37 AM
#58
If a day we see the Bitcoin value at $20,000 people will start to sell everything they own. Only the traders and the longtime Bitcoiners will continue to hold. And since the majority will be selling the price will drop in a short period of time. And the circle will continue, once at $20k again the same thing will happen.

I think you can forget the $50k Tongue
Of course.Its true.But donot forget that even if most people sell their bitcoins when it's price reaches 20,000 dollars,still if more new investors come in to the bitcoin market then it's price may remain at that same range.
hero member
Activity: 1246
Merit: 529
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August 15, 2018, 09:28:25 AM
#57
it looks like 50k will only be a dream, the market has not improved and the price of bitcoin has fallen to 6k. Bear market is still ongoing for the next few months.
it's possible not just a dream last year people argued that it will not be going to pass 10k, 15k or even 20k bitcoin price that time was $1500 even with the extreme decrease it has stayed on the fluctuation of $6k this year so sudden trend like the last year ATH is possible with the current year but don't expect too much, for now, give this year a chance more months to come before the EOY.

Right. 50k is very possible and i think in time, btc can go even beyond 100 or 200k. Just not in the ridiculous time frames of 1 to 2 years being made by fanatics. There's still a very big room for growth.
member
Activity: 329
Merit: 10
August 15, 2018, 12:50:14 AM
#56
Bitcoin prices will have difficulty to increase prices up to $ 50k because the current condition of bitcoin prices is bad news and even a lot of bad news that makes the price of bitcoin falls, so it will be very difficult to increase prices.
full member
Activity: 378
Merit: 101
August 14, 2018, 01:54:38 PM
#55
it looks like 50k will only be a dream, the market has not improved and the price of bitcoin has fallen to 6k. Bear market is still ongoing for the next few months.
it's possible not just a dream last year people argued that it will not be going to pass 10k, 15k or even 20k bitcoin price that time was $1500 even with the extreme decrease it has stayed on the fluctuation of $6k this year so sudden trend like the last year ATH is possible with the current year but don't expect too much, for now, give this year a chance more months to come before the EOY.
full member
Activity: 364
Merit: 100
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August 14, 2018, 12:53:38 PM
#54
You expect a price of 50k for bitcoin, I think you will need a very long time to be patient. The market is very falling and from users who sell and make the market increasingly fall. I believe the market can improve but it will take a very long time.

Most of the cryptocurrency analyst are expecting for the price of bitcoins to reach $50k dollars before the year ends and we should be waiting for that price to come out before selling our coins, so keep on holding today and be patient.
jr. member
Activity: 262
Merit: 1
https://saturn.black
August 14, 2018, 12:06:20 PM
#53
it looks like 50k will only be a dream, the market has not improved and the price of bitcoin has fallen to 6k. Bear market is still ongoing for the next few months.
sr. member
Activity: 924
Merit: 260
August 14, 2018, 11:18:17 AM
#52
We may not see $50,000 bull market this year and if that setting will happen it will be through fundamentals issues and not technically setting.  We are on the bearish trend now and I think 2018 is not going to be too much favourable like last year.
legendary
Activity: 3556
Merit: 9709
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August 14, 2018, 11:00:14 AM
#51
Seeing the current market situations it seems like $50k is not easily achievable within couple of months.Bull run has still not hit the market but we can expect the price boost upto $15000 within few months.But this crypto market is too volatile to make any predictions so just wait for that time.

$50,000 is not going to happen in ‘the next few months’ barring some huge news like an ETF approval. We will reach $50,000 but it’s not going to happen until after the next halving imo, you’re looking at mid 2021 until we see $50,000.
full member
Activity: 1834
Merit: 166
August 14, 2018, 10:53:37 AM
#50
Seeing the current market situations it seems like $50k is not easily achievable within couple of months.Bull run has still not hit the market but we can expect the price boost upto $15000 within few months.But this crypto market is too volatile to make any predictions so just wait for that time.
jr. member
Activity: 268
Merit: 1
August 14, 2018, 08:24:20 AM
#49
I think the 50K bull market has not begun yet.  We have not been in that silent period with very less volatility though currently volatility is decreasing.  For example, When you starts your trekking, what would you experience?  First you will travel through plains and then climb the hill and again down to plains and then another big hill and so on.  Such that, we have just climbed the hill and now we are downsloping, we have not found that plains yet.  Good news is that hills are getting smaller and smaller that means we are nearing the plains, and also we have to travel through that plains before we get another hill to climb up.  So, I think 50K or may be 100k btc is still very far than we are expecting.
I also think that the good 50K bull market has not yet been. We're still on the lowlands with little hills. Here we can train and climb small hills, and thus gain new experience and training. When we come to the Himalayas and go to Everest with a value of 50k $ - 100k $, we will be ready and will not give up at 25k $ - 35k $. It's still a long way, but once we come there, it's only a matter of time. Personally, i think that we have before us a long way two years before we get there.
sr. member
Activity: 1708
Merit: 299
August 14, 2018, 06:11:24 AM
#48
I think it will take many years to reach 50 k.It is not that easy.Sudden fluctuations is affecting the growth of BTC.It is not impossible to attain such value but according to me it is time consuming.It needs support and understanding of investors but that is not easy to attain.I think this year it might reach 10k so expecting 50k is far behind our scope.But we should promote bitcoin,try to advertise it in order to increase it value.
Your prediction about the highest value that is 50k US dollar is fine but the current prediction is not okay because it will cross higher than 25k US dollar price in the upcoming next few months as said by experts and analysts. Bitcoin has the utmost potential to rich and achieve any highest possible value but it will need some more time until investors realize to buy a lot and hold for bull market.
legendary
Activity: 3080
Merit: 1353
August 13, 2018, 09:31:31 AM
#47
I think the 50K bull market has not begun yet.  We have not been in that silent period with very less volatility though currently volatility is decreasing.  For example, When you starts your trekking, what would you experience?  First you will travel through plains and then climb the hill and again down to plains and then another big hill and so on.  Such that, we have just climbed the hill and now we are downsloping, we have not found that plains yet.  Good news is that hills are getting smaller and smaller that means we are nearing the plains, and also we have to travel through that plains before we get another hill to climb up.  So, I think 50K or may be 100k btc is still very far than we are expecting.

Don't make your plans yet for a $50,000 = 1 BTC. We are still in a long uphill battle, so yes it will be very far specially at this point wherein the we have been struggling to get past $10,000. Don't get me wrong I also wanted to see that price one day, however, might takes us 2-5 years perhaps. My only advise is that we shouldn't hurry, bitcoin is still in its infancy stage and growth can be seen in the next coming years. And once we get to there, its going to be so much rewarding because of the time we have invested on it. Smiley
member
Activity: 238
Merit: 10
Lead generation one-stop shop platform powered AI
August 13, 2018, 08:53:37 AM
#46
I think the 50K bull market has not begun yet.  We have not been in that silent period with very less volatility though currently volatility is decreasing.  For example, When you starts your trekking, what would you experience?  First you will travel through plains and then climb the hill and again down to plains and then another big hill and so on.  Such that, we have just climbed the hill and now we are downsloping, we have not found that plains yet.  Good news is that hills are getting smaller and smaller that means we are nearing the plains, and also we have to travel through that plains before we get another hill to climb up.  So, I think 50K or may be 100k btc is still very far than we are expecting.
Your too much excited about on getting there and I think this will take many years before this will happen. Although crypto is full of surprises that investors should be more optimistic that this will skyrocket in the future. I just hope that better price of bitcoin will come for the good of the whole crypto.
legendary
Activity: 1414
Merit: 1001
August 13, 2018, 07:38:40 AM
#45
I think the 50K bull market has not begun yet.  We have not been in that silent period with very less volatility though currently volatility is decreasing.  For example, When you starts your trekking, what would you experience?  First you will travel through plains and then climb the hill and again down to plains and then another big hill and so on.  Such that, we have just climbed the hill and now we are downsloping, we have not found that plains yet.  Good news is that hills are getting smaller and smaller that means we are nearing the plains, and also we have to travel through that plains before we get another hill to climb up.  So, I think 50K or may be 100k btc is still very far than we are expecting.
That will always change and I am sure that things will start to improve. In the end we will see that everyone who has bitcoin will get happiness. Gradually Bitcoin will reach its peak and it happened at the end of last year, the price of Bitcoin reached a very high level and currently I am still optimistic that by the end of this year there will be many surprises in the world of Bitcoin.
hero member
Activity: 1694
Merit: 502
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August 13, 2018, 06:27:24 AM
#44
You expect a price of 50k for bitcoin, I think you will need a very long time to be patient. The market is very falling and from users who sell and make the market increasingly fall. I believe the market can improve but it will take a very long time.
Even Bitcoin could not raise 9,000$. And people still think of bitcoin at 50,000$. That will happen in five years, and now we are facing a decline of the market from 2017. If there is a good improvement to the market. I hope prices can break 9,000$ this year
Two years ago in the same time people like you two thought that bitcoin at 6,000$ is impossible!!! Take a look, we have that price for a while, more than that we had 20,000$ bitcoin just 6 months ago, so what you two are talking about? Why are you waiting that 9,000$ mark, just to make some profit if you are buying now? Do you have any long term plan? Where do you see bitcoin in next 5 years? Try to imagine bigger picture, and that bigger picture is not only a price.
hero member
Activity: 1008
Merit: 501
August 13, 2018, 06:08:13 AM
#43
You expect a price of 50k for bitcoin, I think you will need a very long time to be patient. The market is very falling and from users who sell and make the market increasingly fall. I believe the market can improve but it will take a very long time.
Even Bitcoin could not raise 9,000$. And people still think of bitcoin at 50,000$. That will happen in five years, and now we are facing a decline of the market from 2017. If there is a good improvement to the market. I hope prices can break 9,000$ this year
hero member
Activity: 910
Merit: 509
August 13, 2018, 03:25:21 AM
#42
it looks like we are getting farther away by $ 50k, the bear market lasts very long and frustrates many investors. this makes many investors sell the bitcoin they have.

Yes it was far from getting $50k dollars but there is always a chance for the price of bitcoisn to grow even more just like what happened last year when china banned ico's which makes the price to drop so hard but still bitcoins managed to reach $19k dollars before the year ends.
In fact it is depending on the bitcoin attitude, once bitcoin price will start increasing then it not too far, and very soon we can easily reach to that price, but if bad news will continue to effect the bitcoin price then I do not think that it will be possible to reach to that level in next 5 years.
This is too early to predict 50k US dollar value and first let us see the 25k or 30k achievement then we can predict easily for higher price predictions. If I say the truth, almost all the predictions are uncertain and we can not make the actual price prediction that is proved many times when we reach at the price that was predicted. However experts have some opinions those are acting towards price prediction higher than 30k US dollar in the next 5 months.
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