Getting closer boois! 
Great time to bump this, I hope your original prediction bears fruition. I think it’s safe to say we’ll all be VERY happy the day we see 20k per coin.
Topic: [WE DID IT! IT is 20k!!!] We are still not in a bubble! 20k$ is INCOMING! - page 2. (Read 6119 times)
November 17, 2017, 01:32:18 PM
Great time to bump this, I hope your original prediction bears fruition. I think it’s safe to say we’ll all be VERY happy the day we see 20k per coin.
November 17, 2017, 10:20:42 AM
Getting closer boois!
Great time to bump this, I hope your original prediction bears fruition. I think it’s safe to say we’ll all be VERY happy the day we see 20k per coin.
November 17, 2017, 09:05:43 AM
Getting closer boois!
October 30, 2017, 05:40:53 AM
Glad to knowing this, seen by the development of people close to bitcoin or people who are more interested to bitcoin as well as some countries that are more to accept bitcoin as an approved currency, I basically believe.. that $20k will certainly be reached. Surely with this, I can be sure with certainty that bitcoin investors will obviously achieve the high profits if really be patient on keep holding within a certain period until the price will arrive at $20k.
October 30, 2017, 02:45:35 AM
Update:
August 13, 2017, 03:25:58 AM
It is happening.
June 26, 2017, 03:06:46 AM
Every price move in bitcoin is happening with certain reason behind it, so there is nothing to worry about the price increase. In the past by the year 2013 the price increase to higher level was noted as an bubble based on specific price fluctuations and the number of users involved into it. Right now everything has changed a lot.
That is right. Today's bitcoin is different from a few years ago. When the SegWit or SegWit2X is activated, the price will rise again.
June 07, 2017, 06:32:28 AM
Every price move in bitcoin is happening with certain reason behind it, so there is nothing to worry about the price increase. In the past by the year 2013 the price increase to higher level was noted as an bubble based on specific price fluctuations and the number of users involved into it. Right now everything has changed a lot.
June 06, 2017, 10:47:41 PM
Hey yo, check this out:
https://www.tradingview.com/chart/BLX/W5wwj74c-Bitcoin-Long-Term-Trend-Analysis-A-near-term-clue-BLX-Update/
We are not in a bubble unless we touch 20k$/piece in the near future!!! (like in 2-3 months) Spread the news!!
It is a healthy growth and a bull run. This also means if things get out of hand, 20k$ is near.
That analysis was made 11 days ago.
Now check my graph:
Hype is just starting! When it ends, 20k$$$$!!!
Well, anyone thinking this is a bubble is mistaken, bitcoin is having real growth in price that is derived from its utility, the bad economic shape most world economies have and also that people are finally starting to believe in bitcoin, it seems people are finally accepting the fact bitcoin is not going to disappear overnight and they are going to lose all their money. https://www.tradingview.com/chart/BLX/W5wwj74c-Bitcoin-Long-Term-Trend-Analysis-A-near-term-clue-BLX-Update/
We are not in a bubble unless we touch 20k$/piece in the near future!!! (like in 2-3 months) Spread the news!!
It is a healthy growth and a bull run. This also means if things get out of hand, 20k$ is near.
That analysis was made 11 days ago.
Now check my graph:
Hype is just starting! When it ends, 20k$$$$!!!
June 06, 2017, 04:47:25 AM
bitcoin is never reach 20k dollar if only 2-3 month
maybe 5 year again after halving bitcoin price can reach 5000 - 10k dollar, not 20k dollar
maybe 5 year again after halving bitcoin price can reach 5000 - 10k dollar, not 20k dollar
That is right, and it did not even touch $3000 yet, we are still so far away. How can you say that it will reach $20K when the time it reaches $2500 it dump because of the price correction? We can't make such prediction yet, that price is so exaggerated.
Good point. Price is being so exaggerated ( low price and high price ), and leaded to panic selling. Yeah we get the point that BTC is being popular and the people who uses it is increasing tremendously. What I'm trying to say is I hope before we reach this prices (10K to 1 million), I'm hoping that we fixed some really expensive fees and a week pending of transactions. Economists predicted that BTC price will be at least 10k dollars in the next few years which I think is true, but 20k is a little off. Well it's a digital world so whatever may happen will happen.
June 05, 2017, 07:03:50 PM
I so wish that bitcoin will reach 20k usd, but I think it wont happen anytime soon. Probably it needs another 2 years or halving before it happens. I am very positive because Japan and Australia already accepted bitcoin and I believe more country will follow their lead which can result to Bitcoin FEVER and price will certainly increase exponentially.
June 05, 2017, 06:44:03 PM
20k is really lot , it's not yoir fault either many people and investors have started expecting too much from bitcoin when it isn't the correct time. I'm not saying bitcoin can never reach 20k it surely has a really good potential on reaching 20k but now is surely not that time for it. A target like 4k would surely sound better
It's a lot and it's in the middle of exaggerated and possible speculation. Once we are able to be good at $5k or above that will be the start of 5 digit valued virtual soon. I will keep on holding no matter what but I will still have time to use it for sometime. June 05, 2017, 06:11:42 PM
I can't believe every single person in this topic just didn't get the main idea I stated in the OP. Maybe it was my fault, i just couldn't describe it.
Main Idea 1: The price what we have now is far from being a bubble. So it is perfectly safe to buy between 1.5k$-2.5k$range.
Main Idea 2: The recent pump (2.8k$) we had has a chance to trigger a major buy mania (take a look at the pink line again) which will have a similar effect what we had with Gox and that bubble will have the top price of 20k$ if it happens in the next 3-4 months. This expectation is not certainty. It is a possibility.
The dude who created this assumes that bitcoin is following a pattern "bull, hype, bear," and all he does is wondering about if we will be in a hype phase again.
Main Idea 3: He already predicts that bitcoin will be at 5k$ price range in 2020 if nothing extreme happens.
Please post after you examine the graph and the notes beneath it.
Main Idea 1: The price what we have now is far from being a bubble. So it is perfectly safe to buy between 1.5k$-2.5k$range.
Main Idea 2: The recent pump (2.8k$) we had has a chance to trigger a major buy mania (take a look at the pink line again) which will have a similar effect what we had with Gox and that bubble will have the top price of 20k$ if it happens in the next 3-4 months. This expectation is not certainty. It is a possibility.
The dude who created this assumes that bitcoin is following a pattern "bull, hype, bear," and all he does is wondering about if we will be in a hype phase again.
Main Idea 3: He already predicts that bitcoin will be at 5k$ price range in 2020 if nothing extreme happens.
Please post after you examine the graph and the notes beneath it.
1. So you are trying to say that a rise in price of 1,200% in 2 years is not a bubble? Has the intrinsic value of bitcoin risen by 1,200%? (hint: the answer is no) As a result, this is indisputably a bubble. It is absolutely not "safe" to buy bitcoin now, or really any time.
2. The recent pump to $2.8k WAS a buying mania! That was absolutely insane, billions were added and removed to the bitcoin market in a single day. That being said, there is still room for it to hit new highs before it crashes down to an appropriate and reasonable price far below where it is now.
3. This is reasonable, but it definitely will be a bumpy ride there.
I'll refer you to my last comment on page 3. Also I'm not sure where you got the idea that I'm saying the value of bitcoin is what the market is deciding... I've been saying the exact opposite of that. I've been saying that the market is assigning a price to bitcoin that absolutely does not reflect its value. If you think bitcoin is worth so much, then please explain why?
The rise in price is not a correction, in fact it is the opposite. The fall we saw from $2800 to ~$2200 was a minor, partial correction. Once again, refer to my last comment on page 3 for an explanation why.
June 05, 2017, 06:00:43 PM
Who said it's a bubble? The normal popularity of bitcoin is increasing and I agree with this
all it needs is more buyers than sellers.
To make it possible the price of bitcoin reach $20k soon we need more investors that will generate profit to the old investors and the cycle goes one. Yea you are right more investors means more money and rise of the price. But how do you think new investors will invest their money in bitcoin? Of course, if new money enters to the bitcoin market, the price obviously will rise. And when the price is relatively high... no new investors and no money entry....
We need the increase of use of bitcoin and also popularity. This will bring the increase of bitcoin's preciousness and then rise of the price.
June 05, 2017, 05:38:54 PM
I can't believe every single person in this topic just didn't get the main idea I stated in the OP. Maybe it was my fault, i just couldn't describe it.
Main Idea 1: The price what we have now is far from being a bubble. So it is perfectly safe to buy between 1.5k$-2.5k$range.
Main Idea 2: The recent pump (2.8k$) we had has a chance to trigger a major buy mania (take a look at the pink line again) which will have a similar effect what we had with Gox and that bubble will have the top price of 20k$ if it happens in the next 3-4 months. This expectation is not certainty. It is a possibility.
The dude who created this assumes that bitcoin is following a pattern "bull, hype, bear," and all he does is wondering about if we will be in a hype phase again.
Main Idea 3: He already predicts that bitcoin will be at 5k$ price range in 2020 if nothing extreme happens.
Please post after you examine the graph and the notes beneath it.
Main Idea 1: The price what we have now is far from being a bubble. So it is perfectly safe to buy between 1.5k$-2.5k$range.
Main Idea 2: The recent pump (2.8k$) we had has a chance to trigger a major buy mania (take a look at the pink line again) which will have a similar effect what we had with Gox and that bubble will have the top price of 20k$ if it happens in the next 3-4 months. This expectation is not certainty. It is a possibility.
The dude who created this assumes that bitcoin is following a pattern "bull, hype, bear," and all he does is wondering about if we will be in a hype phase again.
Main Idea 3: He already predicts that bitcoin will be at 5k$ price range in 2020 if nothing extreme happens.
Please post after you examine the graph and the notes beneath it.
1. So you are trying to say that a rise in price of 1,200% in 2 years is not a bubble? Has the intrinsic value of bitcoin risen by 1,200%? (hint: the answer is no) As a result, this is indisputably a bubble. It is absolutely not "safe" to buy bitcoin now, or really any time.
2. The recent pump to $2.8k WAS a buying mania! That was absolutely insane, billions were added and removed to the bitcoin market in a single day. That being said, there is still room for it to hit new highs before it crashes down to an appropriate and reasonable price far below where it is now.
3. This is reasonable, but it definitely will be a bumpy ride there.
June 04, 2017, 04:46:51 PM
With Sidechains, $20 / milibitcoin (100 000 Satoshis) is very low price.
June 04, 2017, 03:39:49 PM
20k is really lot , it's not yoir fault either many people and investors have started expecting too much from bitcoin when it isn't the correct time. I'm not saying bitcoin can never reach 20k it surely has a really good potential on reaching 20k but now is surely not that time for it. A target like 4k would surely sound better
June 04, 2017, 03:29:45 PM
Remember, there will never be more than 21 millions of those.. kinda scarce stuff, compared to human count !
Yes scarcity will make bitcoin's price to reach it's high potential. And in that way, it's going to be hard to get bitcoin and each satoshi will be having good value to all of us. So I will keep on holding because I believe that the price of bitcoin will be reach this amount but not for now maybe for the next years.
There is no real scarcity when it comes to Bitcoin. People shouldn't focus on the coin cap of 21 million -- don't forget that 1 BTC is the same as 100,000,000 satoshi's. If you switch to mBTC, or even Bits, you'll understand that there are enough coins/units left in the market to nurse the demand for many many more years. By the time Bitcoin reaches an insane amount as value, exchanges will switch mBTC by default, while it's just an optional change right now.
Well majority mostly focused with whole BTC and thanks for reminding me anyway that there is still divided portion for bitcoin and there are the smaller units. That only means that every single bits by that time will be mostly important. And if that happens also, the fees will be a burden to us as if we don't want those fees soon.
June 04, 2017, 01:54:33 PM
Who said it's a bubble? The normal popularity of bitcoin is increasing and I agree with this
all it needs is more buyers than sellers.
To make it possible the price of bitcoin reach $20k soon we need more investors that will generate profit to the old investors and the cycle goes one. These needed investors will be provided by countries that will accept Bitcoin as money. We got one that produces lots of investors and that is Japan, next would probably Australia, just a month from now we can see another boost on bitcoin adoption. Though I thought Russia would be next in line but sad they are thinking to create their own digital currency but well I am positive on this since this will also give demand to bitcoin.
June 04, 2017, 01:44:53 PM
Remember, there will never be more than 21 millions of those.. kinda scarce stuff, compared to human count !
Yes scarcity will make bitcoin's price to reach it's high potential. And in that way, it's going to be hard to get bitcoin and each satoshi will be having good value to all of us. So I will keep on holding because I believe that the price of bitcoin will be reach this amount but not for now maybe for the next years.
There is no real scarcity when it comes to Bitcoin. People shouldn't focus on the coin cap of 21 million -- don't forget that 1 BTC is the same as 100,000,000 satoshi's. If you switch to mBTC, or even Bits, you'll understand that there are enough coins/units left in the market to nurse the demand for many many more years. By the time Bitcoin reaches an insane amount as value, exchanges will switch mBTC by default, while it's just an optional change right now.
Actually anything less than 0.001 (maybe even 0.01) is nearly worthless right now because the only option you can pass them to another person is the off chain one. The transaction fees became insanely high.
I just checked on electrum and if i had to send 0.001btc from my wallet, i had to pay 76ksatoshi as a fee. (default lowest, not manually set) That's fucking insane and makes that transaction completely useless.
There isn't enough bitcoins for everyone, till we get segwit activated.
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