Topic: Next BTC price spike due to what...? - page 2. (Read 2601 times)

You might want to manage your expectations.

It has been adressed already probably, but not fully.
What do you think,  will be the reason for another BIG price swings, i mean getting bitcoin to say 5000 or 10 000 USD per 1 BTC.
Im slowly worried that it wont be reached this year. The price rose from 120 i think to 1100 mainly and only due to china... thats almost 1000 USD in nominal terms, and it meant that the whole big IT positive country as china moved into bitcoin... Im really worried that such big event may not appear in the near future... And if bitcoin wants to reach 5000 or 10 000 this year i really belive that there should be some big event pushing it up. Even without the event i belive bitcoin can make it to the 10 000 but it will be a long and steady road, for year, 2,3...

I think that even wallmart announcing acceptance or amazon wont be enough to push it to the 5000 not speaking about 10 000. Be realist poeple i dont care abotu logarythmic grow function or something... I took the whole great country of china to rise bitcoin by 1000... So if you want to rise it in a spike (and not over a long term) about 4000 you will need something really big...

I belive only some economic crashes would push the price so high...

whats your inteligent (!!!) take on this (not just "dude, it will get there, i FEEL it)...