I just red an interview about halving and its affect. No one shouldn't expect a 100K after day of halving.
https://www.thinkingcrypto.com/interview-mark-yusko-ceo-of-morgan-creek-capital-markets-economy-bitcoin-crypto/
Mark Yusko said same thing like me. Halving will take effect in a while but it is not right to wait for it in a few days.
Topic: Reason behind the Bitcoin price could reach $50,000 in 2020 - page 2. (Read 510 times)
Dream on, people!
It's good to see positive predictions but I prefere those who have at least some ground in reality.
50000$ is pure exaggerating and to my opinion it's not likely to happen. Don't think that every time when Bitcoin price starts to rise that it will reach enormous hights. This takes time, positive trends and continuous, steady growth. Currently there are no conditions for something like that.
It's good to see positive predictions but I prefere those who have at least some ground in reality.
50000$ is pure exaggerating and to my opinion it's not likely to happen. Don't think that every time when Bitcoin price starts to rise that it will reach enormous hights. This takes time, positive trends and continuous, steady growth. Currently there are no conditions for something like that.
I think that this price will be or can be reached in the end of the year 2021.
Here is my reasons why I think we will get to that amount.It is because of halving.In 2012 the first halving happened and after that we see a lot of fluctuations going back to November 2013 when we had the first bitcoin strike.Next halving was in 2016 which was followed with fluctuations until we reached 20000 Usd in the end of 2017.Now we are in May 2020 where we expect halving after a few days and I think fluctuation will happen which hopefully will be followed by 50000 Usd in the end of 2021.
Here is my reasons why I think we will get to that amount.It is because of halving.In 2012 the first halving happened and after that we see a lot of fluctuations going back to November 2013 when we had the first bitcoin strike.Next halving was in 2016 which was followed with fluctuations until we reached 20000 Usd in the end of 2017.Now we are in May 2020 where we expect halving after a few days and I think fluctuation will happen which hopefully will be followed by 50000 Usd in the end of 2021.
We can not entirely rule out the possibility of btc reaching the predicted amount because looking at this past few days, btc have perform well, some will say it is because of the upcoming halving but let's be positive, even though not up to 50k but I feel btc will do great before yeah end,
The situation of the virus will improve and the economy will recover and so is crypto market.
The situation of the virus will improve and the economy will recover and so is crypto market.
It's another dream by those people who think they can earn by spreading fuds over the internet since imagine this OP how could the bitcoin go at $50k price while if you look at the situation right now you can find that the market is struggling so much from global recession and do you think its easy to recover after this thing ends?
For sure no so better step on reality and stop listening to those idiots around.
For sure no so better step on reality and stop listening to those idiots around.
Another thread regarding the price of Bitcoin within the next years 
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I will repeat what I always say, these prices have the possibility to be reached but the chances of it are pretty slim right now (around 5-10% for me). We are at the $9000 right now and the first half of the year is almost done already. $50,000 within this year is possible but the chance are around 1-2%
.I will repeat what I always say, these prices have the possibility to be reached but the chances of it are pretty slim right now (around 5-10% for me). We are at the $9000 right now and the first half of the year is almost done already. $50,000 within this year is possible but the chance are around 1-2%
50k? That's quite crazy, unless there's like a sudden spike upwards in the price.
BTC is kinda stuck right now in above 9.2k. We're getting steady increases, and from that steadiness I don't think that getting even half of 50k would be possible.
Regardless if the speculation is for hype or whatsoever, I don't mind what the prediction is. As long as opportunity to buy arrives, I would.
BTC is kinda stuck right now in above 9.2k. We're getting steady increases, and from that steadiness I don't think that getting even half of 50k would be possible.
Regardless if the speculation is for hype or whatsoever, I don't mind what the prediction is. As long as opportunity to buy arrives, I would.
Not going to deny that it's "easy" to see how 50k could be achieved, if 3.6k was the best a crash could do, but I'm still going to wait for the second wave of global recession to hit the markets. When (not if) stocks finally give way to that, and we see all the repercussions come out of that, I'll be watching Bitcoin price, and so will most other investors I believe.
I'm guessing resilience, rather than boom.
I'm guessing resilience, rather than boom.
For BTC to hit 50k we would need to see a market cap of about one trillion.
More than 1 trillion is a good guestimate here.Considering that the halvening price is in, I doubt that we will see another money coming in. Unless there is FOMO and institutional and retail investors and more fresh blood pump the market again.
Considering the trillions upon trillions being printed out of nothing it is hardly a stretch of imagination for BTC to have trillion market cap fairly soon.
Possible, but it might take years to get to a new all-time-high. We will see a lot of bumps along the way, similar to 2016-2017 bullish ride. 
Hello everybody. We can now name many reasons for the rise in the price of bitcoin at $ 50,000, but so far there is no general regulation of the cryptocurrency market, here is the master and god, is a market maker. It will be profitable for him to drag the price of $ 1,000, he will find the reason, the price of $ 50,000 will be more profitable - we won’t even have time to say a word. Therefore, I just suggest relaxing and having fun.
He sees the same thing we see, we ain't blind, so there is no need to speculate on our behalf, lots of people have come in with their own ideas and speculations and all , for 2020 we actually see lots of reason beyond he's own scope proving that bitcoin will have a new new, and i mean really new high this 2020. he's speculation is just based on what we all see currently.
This topic has been discussed always as we are started the bitcoin halving. There are many speculation about the price of the bitcoin but none of them can say the accurate price of the bitcoin for this year because no one can predict it. $50000 is really high and it is reachable by the bitcoin but I think it won't happen this time because we ars still experiencing this pandemic virus which is one of the reason why the price of the bitcoin goes down before.
The incoming price of the bitcoin is unpredictable so do not believe on those people who do prediction about the price of the bitcoin in this bitcoim halving.
The incoming price of the bitcoin is unpredictable so do not believe on those people who do prediction about the price of the bitcoin in this bitcoim halving.
For BTC to hit 50k we would need to see a market cap of about one trillion.
Considering the trillions upon trillions being printed out of nothing it is hardly a stretch of imagination for BTC to have trillion market cap fairly soon.
Considering the trillions upon trillions being printed out of nothing it is hardly a stretch of imagination for BTC to have trillion market cap fairly soon.
It's on bloomberg and this live interview was few months ago. I think it's a good exposure that he actually talked about bitcoin but can't also remove the fact that it's also to advertise his service. I'm all in for bullish with bitcoin.
In 2017, everyone most likely didn't expected that bitcoin can reach $20,000. That year started with $960 and then by eoy, it has shown the bull run then followed by a quick correction although, overall that run for that year was greatly bullish. Possible to happen again but the majority's sentiment for bullish run is for 2021.
In 2017, everyone most likely didn't expected that bitcoin can reach $20,000. That year started with $960 and then by eoy, it has shown the bull run then followed by a quick correction although, overall that run for that year was greatly bullish. Possible to happen again but the majority's sentiment for bullish run is for 2021.
this seems to me like yet another idiot who has started a cryptocurrency related service who is not trying to advertise their crappy service by talking about bitcoin's price and reporting random positive prices just to be repeated all over the social media and have their "brand name" heard.
It's a smart move, actually, as now both you and I and many others have heard of 'Nexo', which would otherwise be unlikely. Another step he could take is proclaim himself 'Satoshi Nakamoto', this also seems to boost popularity of no-names (short-term, at least).As for the prediction, it's not a reason at all. One guy thinking it might get there is not a valid explanation of why it should be this way. However, it doesn't mean that Bitcoin won't reach $50k by the end of the year. I think it's possible, but it has nothing to do with this guy or with Bitcoin being outperformed only by 2 cryptos (I've never heard of LINK btw).
I think this is highly unlikely speculation.
Yeah and must be moved to different section here https://bitcointalk.org/index.php?board=57.0 and there is where the place must more talks about this same topic again .No matter what the reasons may be, the price of bitcoin is spontaneous.
and only needs time to happen,the more you eager the more you wont get any good result so in the end?still Holding is the best way to to profit here.this is nice . many bad news ive heard left and right recently but seeing good news like this makes me easily forgot them and forgot my problems .
News cannot make market move now as the days have gone for the same style of propaganda .
No matter what the reasons may be, the price of bitcoin is spontaneous.
this is nice . many bad news ive heard left and right recently but seeing good news like this makes me easily forgot them and forgot my problems .
i think after this , ill be headed on the store again to cash in and buy more btc . in preparation for the year end . if not because of corona virus i think the price 50k can be easily achieved by the middle of the year while people can speculate more than 50k usd by before the year end . still 50k usd is a great amount imo
i think after this , ill be headed on the store again to cash in and buy more btc . in preparation for the year end . if not because of corona virus i think the price 50k can be easily achieved by the middle of the year while people can speculate more than 50k usd by before the year end . still 50k usd is a great amount imo
While everybody seems to be praying for Bitcoin to rise, I don't think someone is actually saying "make it $50,000 this year oh god." Do you know why? Because they think that if they ask that, it will not be granted to them. Lol.
Another thing, if someone is promoting a different project while predicting Bitcoin's price this way, his project will most likely fail.
I have encountered so many similar projects and often they are bad or scam projects. There are greedy people here, so the whales will often launch good news about bitcoin so they can buy it at a price higher than the real value of bitcoin. then only whales are profitable when they buy at a low price and sell at a high price. In crypto market, people should not expect too much about the strong pump of the same market in 2017. The golden age is only 1 time and those who are still dreaming will often be eliminated. Be realistic so as not to lose money. Another thing, if someone is promoting a different project while predicting Bitcoin's price this way, his project will most likely fail.
While everybody seems to be praying for Bitcoin to rise, I don't think someone is actually saying "make it $50,000 this year oh god." Do you know why? Because they think that if they ask that, it will not be granted to them. Lol.
Another thing, if someone is promoting a different project while predicting Bitcoin's price this way, his project will most likely fail.
Another thing, if someone is promoting a different project while predicting Bitcoin's price this way, his project will most likely fail.
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