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Topic: the increase in the price of bitcoin is getting better. - page 3. (Read 675 times)

sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
we all can see for ourselves at the beginning of 2019 until now the price of bitcoin seems to always experience a good price increase, but if at the end of 2019 the price of bitcoin can reach $ 50000, what do you think?
Anything could happen by the end of the year, even $50000 seems to be an realistic price prediction. Now we've been gaining momentum for continued price increase from the low bottom price around $5200. Today we're nearing the $5600 which was reached few days back. This time it will cross the $6000 barrier which make way for a strong bull market.
legendary
Activity: 3080
Merit: 1353
we all can see for ourselves at the beginning of 2019 until now the price of bitcoin seems to always experience a good price increase, but if at the end of 2019 the price of bitcoin can reach $ 50000, what do you think?

As much as we all wanted to see that price at the end of 2019, it's not possible, in my opinion. First, you need to understand where should all the money would come? Second, we don't want to see artificial and inorganic rise in the price, because we all know that once we bubbled again, the price could soon drop as fast as it goes up. So much better to see the price gradually increase, maybe in the 5 digits at the end of 2019, and then continue it's rise in 2020 because of the hype on block halving.
legendary
Activity: 3472
Merit: 10611
I think 1 btc = 1 btc and if you care about fiat, you are a complete moron $lave.

you do realize that this statement is completely meaningless, right?
for example when you want to buy a car, you can't say because "I" think 1 btc = 1 btc i will give you 1  btc for the car! you have to first see how much 1 btc is worth then calculate how much you have to pay. and saying 1 btc = $50000 does not mean you care about fiat, it can mean you care about bitcoin and it increasing its adoption and as a result its value.
legendary
Activity: 1218
Merit: 1007
we all can see for ourselves at the beginning of 2019 until now the price of bitcoin seems to always experience a good price increase, but if at the end of 2019 the price of bitcoin can reach $ 50000, what do you think?

No this is too much and it would be bad. The slower the increase, the longer it will remain there. If it somehow reached 50k very likely a giant "correction" would follow. That doesn't mean it would never reach 50k, just that too quick too soon tends to make it bounce the other direction.

Let it be slow and steady instead of quick and flimsy.
I have to agree with this. The slower that Bitcoin can grow in value the better it is for the long-term viability of the fiat conversion rate. Both times that we have had spikes in Bitcoin's value have resulted in it crashing to almost a tenth of it's (at the time, ATH), with Bitcoin going from $1,000 down to ~$100 back in 2013 and, more recently, $20,000 to $3,000. If there is a desire to maintain high exchange rates, the slow growth is what's needed. However, for most traders, these spikes are beneficial because they can sell their Bitcoin at a substantial premium and then buy more when the value inevitably collapses and returns to "normal". There can't be anything quick about the fiat value growth, because it just screws itself within a short period of time. But it all comes down to perspective.
member
Activity: 224
Merit: 62
we all can see for ourselves at the beginning of 2019 until now the price of bitcoin seems to always experience a good price increase, but if at the end of 2019 the price of bitcoin can reach $ 50000, what do you think?

I think 1 btc = 1 btc and if you care about fiat, you are a complete moron $lave.
sr. member
Activity: 1274
Merit: 267
we all can see for ourselves at the beginning of 2019 until now the price of bitcoin seems to always experience a good price increase, but if at the end of 2019 the price of bitcoin can reach $ 50000, what do you think?
It's quiet impossible to me to see Bitcoin price reach 50K USD by the end of this year. I think it's better for Bitcoin to get slightly increased than a sudden jump because real value should not suddenly happen. 10K USD by the end of this year is highly possible and enough to create a big smile on my face.
legendary
Activity: 2030
Merit: 1569
CLEAN non GPL infringing code made in Rust lang
we all can see for ourselves at the beginning of 2019 until now the price of bitcoin seems to always experience a good price increase, but if at the end of 2019 the price of bitcoin can reach $ 50000, what do you think?

No this is too much and it would be bad. The slower the increase, the longer it will remain there. If it somehow reached 50k very likely a giant "correction" would follow. That doesn't mean it would never reach 50k, just that too quick too soon tends to make it bounce the other direction.

Let it be slow and steady instead of quick and flimsy.
legendary
Activity: 1414
Merit: 1001
we all can see for ourselves at the beginning of 2019 until now the price of bitcoin seems to always experience a good price increase, but if at the end of 2019 the price of bitcoin can reach $ 50000, what do you think?
This is a good situation because there has been a significant increase and good stability. The price of Bitcoin is already on a positive track, so we all just need to keep this situation much better. The stability of Bitcoin prices is determined by all of us because when we can maintain the situation well then the price growth will increase well.
jr. member
Activity: 83
Merit: 1
Peace and love
we all can see for ourselves at the beginning of 2019 until now the price of bitcoin seems to always experience a good price increase, but if at the end of 2019 the price of bitcoin can reach $ 50000, what do you think?

This is not impossible, technically if you plot the growth in the previous years to the upcoming years, it could take us to 200k or so. The thing here is that, we need institutions to join crypto in order for us to get into these 50k 200k levels. We need huge money to pump into crypto.
member
Activity: 458
Merit: 10
we all can see for ourselves at the beginning of 2019 until now the price of bitcoin seems to always experience a good price increase, but if at the end of 2019 the price of bitcoin can reach $ 50000, what do you think?
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