How far is 50k bitcoin? - page 3. | Bitcointalksearch.org

pitiflin

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Quote from: Pursuer on August 07, 2018, 05:22:53 AM

I can not possibly say how far the $50k bitcoin is but all I can say with certainty is that it is so much closer that you would think it is. for example last year when price was still $900 people were arguing about when $1200 (the previous ATH) would be reached and how that will take a long time. and then the bubble talks began and nobody even thought it would reach $20k in a year.

$50k is no different either. as soon as we get out of this accumulation/manipulation phase that bitcoin is stuck in we will start the rise towards that target easily.

Last year we had a different scenario. But 50k $ is a little too far, at least a year away minimum, max I would say 3-4 years. We can't go by the charts all the time, because things happen and they have consequences for it. Bubble talks by Jamie literally saddened the markets for a while and then out of nowhere the bitcoin gold forks pumped up people's moods to buy more bitcoin. Because free money. But now we can't have the same case, forks are shit now.

nydiacaskey01

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If you follow the trend last year and apply it this year, $50,000 is possible. Last years bull run reached 600% increase. Given the current rate of Bitcoin at $6,700 today plus 600% increase, Bitcoin could reach close to $50,000 USD. There might be bumps along the road to $50,000 but it is possible.

ralle14

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It is far for sure but we are having some progress with the price every year which is good if you're expecting a certain price point before you sell. It should be a slow climb when we reach $50k because if we are going to experience $50k immediately we can expect a correction would take place right after hitting a price that high. We should worry about the support levels of Bitcoin rather than expecting new highs.

Quote from: crairezx20 on August 07, 2018, 08:52:46 AM

Maybe it can happen after the next block having because the last block halving the price was increasing more than $19k so after the 2020 block halving we will see a big price increase and I think it can hit above $20k.

Following the pattern from the previous surges the next ATH should be at 2021 but I won't rely much on this since there's no guarantee that the same thing can happen again.

dead_m92

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More than far away, to be honest, i think that it is never going to be touching those prices, even if it happens, it is not going to be on the next few decades, probably some more years

crzy

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Quote from: trako on August 07, 2018, 06:55:01 AM

The bull time has not come yet. do not enter into such big expectations. next month max. 13k - 15k will see the level of operation. waiting for more is an unnecessary excitement.

Yeah, $50k is quiet not possible this year because of the current situation of bitcoin, maybe it can happen next year or even in the next 5years. We may not hit another peak this year but don’t panic because this is not the end of cryptocurrency and we still have more time for improvements and bitcoin will still be on top.

wxa7115

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Quote from: Pursuer on August 07, 2018, 05:22:53 AM

I can not possibly say how far the $50k bitcoin is but all I can say with certainty is that it is so much closer that you would think it is. for example last year when price was still $900 people were arguing about when $1200 (the previous ATH) would be reached and how that will take a long time. and then the bubble talks began and nobody even thought it would reach $20k in a year.

$50k is no different either. as soon as we get out of this accumulation/manipulation phase that bitcoin is stuck in we will start the rise towards that target easily.

I think in a way similar to this, the previous bull market took everyone by surprise, anyone that says otherwise is lying and at the same time the levels we reached were incredible, in fact if you had asked me at the beginning of the previous year about when I thought we would reach 20k I would have answered that at least a decade was necessary to reach that price.

But now it seems bitcoin is ready to grow a lot faster thanks to several factors the most important is the LN which means bitcoin will be used as a currency again, we have the halving in 2020, and investors with deep pockets are buying bitcoin secretively or at least are preparing to do it, so the price of 50k is a lot closer than what we imagined just a few years ago.

wildflower18

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It is still far to reach 50k for bitcoin a lot of adoptions could happen before this price can reach. Adoptions could have its more growth in bitcoin that could climb the price. So let's see this year ends of their is changes on price value.

triciaa478

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At this stage the biggest price gain anybody can be predicting should be between 15000 to 20,000 and not 50k. For bitcoins to reach 50,000 unless about 2 to 3 years time and I don't foresee that anytime soon.

crairezx20

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I think this year or even next year its too far to see the price at $50k which is impossible to happen because there are many traders and holders are waiting again to hit above $10k value or more than $19k which is already happened last year.

Maybe it can happen after the next block having because the last block halving the price was increasing more than $19k so after the 2020 block halving we will see a big price increase and I think it can hit above $20k.

YuginKadoya

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The possibility that we are heading to that certain point is a fact and even reaching the $100k BTC is really possible however analyzing the when can it be, Is a different story it is very far ahead, and we are not there yet even the last bitcoin to be mine is not yet near there is many obstacles to go through, and we can never see it for now, But there are certain speculators that made a chart on what possible ATH we can get on next and speculating on when it can be, If only I can find it again I would love to share it here.

Thanasis

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Too early for $50K prediction,but any how I don't have any idea that when the price will hit $50K since the prices were going up and down and keep repeating and it even can't be able to hit $10K so if it reaches new ATH then we may see another price drop since most of the short term investors will try to make money out of their investment so $50000 is too far from now. Sad

BitHodler

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Bitcoin ETF could push the price of (BTC) to 50k in 2018

How? Speculation alone isn't enough to drive the market up that high. If we even see the SEC approve an ETF this year, it won't be accessible for larger parties this year. It's planned to open up somewhere in Q1 2019.

And then we don't even know how popular that ETF will be. You can imagine that with a higher price due to prior speculation the demand for an ETF will be pretty low because these parties know how markets work.

Similar to what happened last year with the futures, the amount of shorts were insane when the markets went live. If futures were tied to only long positions, they would be ignored like they don't exist.

LeGaulois

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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

bitbunnny

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At the moment we are very far away from this value.
Bitcoin price can change very quickly and it wouldn't be the first time that it has surprised us but many conditions should come together for Bitcoin to reach 50000$ and there is no guarantee that this will ever happen.
As the market is looking now even 20000$ seams to be very far away and hard to achieve.

trako

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The bull time has not come yet. do not enter into such big expectations. next month max. 13k - 15k will see the level of operation. waiting for more is an unnecessary excitement.

davis196

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It's so far away in the future that we don't even have to bother waiting for it. Grin

Don't compare this growth to the last year's growth.Now the last year's big bitcoin hype is gone and bitcoin(plus all the altcoins) are more regulated(with crypto bans in China and India),which kinda stops an "exploding price growth" scenario to happen.

Pursuer

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I can not possibly say how far the $50k bitcoin is but all I can say with certainty is that it is so much closer that you would think it is. for example last year when price was still $900 people were arguing about when $1200 (the previous ATH) would be reached and how that will take a long time. and then the bubble talks began and nobody even thought it would reach $20k in a year.

$50k is no different either. as soon as we get out of this accumulation/manipulation phase that bitcoin is stuck in we will start the rise towards that target easily.

Btchunter3333

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I think btc price is 8-10 months away from 50000$. But anyway anything can happen and bitcoin can reach that price much faster. I think all depends on ETF approve and we should watch price after

Findingnemo

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In my opinion it still takes more that two years to reach that price maybe we will hit that in 2020.But now don't predict that much price since we are very early to do this kind of prediction so better predict when we will hit new ATH. Grin

Javi_Anibarro

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tBTC - https://dapp.tbtc.network/

of course it is still far a head,do not talk about $50.000.currently we have no idea how long we can reach $10.000 if we are looking at it based on our current movement.
peoples were hesitated to join the train because it got pumped so hard a few months ago,people thinks it is still far overpriced compared to its own usecase.
even though they know it is our future and we need it.
Bitcoin still lacks a new and fresh investor for now, that is why Bitcoin is hanging in around $7000 right now because we are lacking it and people who hold it right now started to dump their bags.
also basically we heard nothing so far about Bitcoin unlike last year,we heard a lot of good news came from CME,other countries and many more.
and yet right now we heard nothing(basically none,of course we are excluding those minor news and those rumour).

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