MORE THAN 3 YEARS! peak-to-peak | Bitcointalksearch.org

criz2fer

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Quote from: RawDog on February 03, 2018, 12:49:35 PM

Last time, BTC price took more than 3 years to return to its peak. How many years will it take, if ever, for BTC to return to $20,000?

Bitcoin in the past years where not popular. If you would compare the investment and technology today, more and more people are entering cryptocurrency. It would not be impossible for bitcoin to recover from dump because of this. Rather thinking of bitcoin in short term, we should see the future of bitcoin in the coming years and trust the developers on improving the capability of the platform.

Kprawn

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Quote from: RawDog on February 10, 2018, 10:17:47 AM

Quote from: michellee on February 08, 2018, 01:14:42 AM

so maybe we could return to $20,000 in this year and for the next year, the price will jump significant and will reach higher price.

Probably won't be seeing $20000 until 2021 if history is any indicator. Better get ready for the long run.

What you forgot to mention was that it went from that peak of +/- $1000 to $19,000 in less than a year after that period. I can

just imagine what the curve will look like, if that part of the history repeats again. If that is true, and my math is not too

shitty, then the price would be $340,000 to $360k+ after 2021. I think I would be willing to wait 3 years for that.

See, it is easy to cherry pick some numbers to suit your specific agenda. Grin

RawDog

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Quote from: michellee on February 08, 2018, 01:14:42 AM

so maybe we could return to $20,000 in this year and for the next year, the price will jump significant and will reach higher price.

Probably won't be seeing $20000 until 2021 if history is any indicator. Better get ready for the long run.

michellee

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I really don't know when we can return to $20,000 but learn from the past, I think we don't need to take a long time to reach that price because today, bitcoin which have been mining is reduced and this is related with the supply and demand. the reducing of supply will give effect to the price because the demand increases too and many people right now realize that they need to have bitcoin if they want to invest in the cryptocurrency so maybe we could return to $20,000 in this year and for the next year, the price will jump significant and will reach higher price.

Nellayar

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Quote from: Shreek on February 07, 2018, 11:55:26 PM

unpredictable, because bitcoin fluctuations are very fast and high. I think the bitcoin rise in 2017 is not normal, within 1 month bitcoin has increased $ 15000.

so I prefer if bitcoin rises slowly but surely and will not fall back.

and I'm sure, after the natural correction ends bitcoin will do it. rising slowly but surely and high. so it's not the time that determines the rising and high bitcoin.

We can predict it but we cannot assure that our predictions will accurate to what will happens. For example, we can say that the price will move upward when Christmas season comes but unfortunately, it will move down as the holiday passed by. Maybe there is a time for its fluctuation and a factor to consider its volatility.

Shreek

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unpredictable, because bitcoin fluctuations are very fast and high. I think the bitcoin rise in 2017 is not normal, within 1 month bitcoin has increased $ 15000.

so I prefer if bitcoin rises slowly but surely and will not fall back.

and I'm sure, after the natural correction ends bitcoin will do it. rising slowly but surely and high. so it's not the time that determines the rising and high bitcoin.

ubay

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The possibility to reach the $20,000 price is getting bigger this year, because we know the past years of bitcoin enthusiasts are still small. In contrast to now the demand more and more every day. Let's see it together.

Opnsrc

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You can never make the exact prediction now. Don’t you remember how much time it used to jump from 10 to 20 thousand? Less than a month! The situation can repeat, but now the process will be longer.

styca

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The history leads me to believe that we'll hit $20k again this year.
This time last year bitcoin was $1k. Even after the recent fall, we're still at x8 in a year. Just x3 in the next 12 months would mean a return to $20k.
Bitcoin is not a static thing, it is evolving. LN is coming - that by itself should propel prices upwards significantly.

fusanti4455

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it's been a long time ago and people are so unfamiliar with bitcoin and seen little by little. But now every country in the world starts using the blockchain or bitcoin system as payment, so I do not think it takes 3 years to reach $ 20,000, I'm sure this year will be back to $ 20,000. I am optimistic about Bitcoin and I think Bitcoin will reach $ 20,000 this year. But if not, it's okay with me. I always wanted to keep Bitcoin on the rise. Even if it's slow, at least it's stable.

Wicked17

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Quote from: RawDog on February 03, 2018, 12:49:35 PM

Last time, BTC price took more than 3 years to return to its peak. How many years will it take, if ever, for BTC to return to $20,000?

This time will be different, maybe it takes a months or years but i think it will not takes another more than 3 years. Before the end of the year 2018 will gonna see another run of bitcoin value. As bitcoin is getting more popular because of the technology, there is no impossible

lillyann

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It is natural always the graph looks the same. Such a situation has already occurred several times only not on such a scale. According to forecasts, the BTC price should reach 55k $ by the end of the year.

PeterPPAP

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I think not long, Bitcoin will increase to $ 20,000. Because Bitcoin has tremendous development potential and is worth the investment, not the technology behind it, or the fighting factions struggle together. We can see that Bitcoin is getting a lot of support from the loyal fans of Bitcoin.

squallw

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Took 3 years, it was the worse possible cenario, if someone bought at ATH in 2013, that time, bitcoin and crypto had very low volume and only few people knew about cryptos.
This time, almost all the world knows about cryptos, it will recover within some few months.

trecore4

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Quote from: RawDog on February 03, 2018, 12:49:35 PM

Last time, BTC price took more than 3 years to return to its peak. How many years will it take, if ever, for BTC to return to $20,000?

If that would have been easy to predict then im sure that could have been known to us by now. There might have been many speculations by this time and threads would have been already present there to answer that question. Thats because everyone is asking the same question everywhere and everyone just speculating some hoax in the air. We cant say anything about the crypto currency due to its very nature of uncertainty. The crypto suddenly took the wrong turn last month and came down without any expectation. This time it will happen the same, it could come up at anytime, tonight, next week or next month or may be after long than that. Its unpredictable.

buwaytress

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So, wishful thinking and idiocy is the realm of those who think the former peak can be reached again. Pray tell, what would be the thinking that wouldn't be considered idiotic? It's one thing to criticise an opinion, quite another not to offer an alternative of your own, but then you don't want to risk being wrong, do you?

Don't be afraid, the rest of us idiots know we'll continuously be wrong for a great many years to come. Just embrace the fact that we're speculating and only time will tell if we were right. Three years is a really short time in relative terms. I'd be very happy to wait three years to a 20k return.

jakelyson

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I bet it will be longer. Stricter policies, regulations and some countries banning bitcoin and restricting exchanges adds up to fear to new comers but eventually will stabilize bitcoins price. If it grows, hopefully it is a stable one.

sunkat

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3 years ago noone of my friends know about bitcoin. Today some of them join crypto world with me. To return 20k I think bitcoin will reach in the first half of 2018.

Virman01

sr. member

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i do not think we take too long, even waiting for three three years. the more days the bitcoin enthusiasts get more and more for what is the long wait to get back to the high price again? thanks

styca

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Quote from: secondgarlic on February 04, 2018, 07:43:47 AM

I would have thought that the price would have started to slowly stabilize by this point.

It might take a bit longer. I'm still expecting more fallout from the bitfinex/tether subpoena. Who knows, though? Short term is even harder to predict than long term.

Topic: MORE THAN 3 YEARS! peak-to-peak (Read 246 times)