Topic: What will happen to bitcoin in the near future? - page 15. (Read 2200 times)
I think bitcoin in the near future will so expensive and it will become more popular as what bitcoin gave in many people who invest and earn profit from it, we can say that it will be the most popular even in the future because no other crypto currency that can equally on it.
The future of crytocurrency is pretty unpredictable, its literally impossible to tell what will happen to them in the future and the same applies to Bitcoin There are however two possibilities, Bitcoin can either be embraced by the governments and more people will come on board, this will increase its market cap and usability which will enhance it growth more than it already has, The other possibility will be that Bitcoin might loss its legislation battle to the Governments which may result to its ban, or heavy regulation.
Recently, bitcoin has been showing steady growth. He slowly overcame the first resistance line of $ 10,000, now approaching a new line of$12,000.
I see two options for further developments.
1. Bitcoin consolidates above 12000$ a sharp increase in prices that will allow Aldona to begin to move forward.
2. Bitcoin goes for correction to$ 9500 and breaks new heights with new forces.
Here's my technical analysis chart. Who that thinks?
https://www.tradingview.com/x/D9TGyKlY/
I see two options for further developments.
1. Bitcoin consolidates above 12000$ a sharp increase in prices that will allow Aldona to begin to move forward.
2. Bitcoin goes for correction to$ 9500 and breaks new heights with new forces.
Here's my technical analysis chart. Who that thinks?
https://www.tradingview.com/x/D9TGyKlY/
The Federal Reserve Bank of San Francisco released an Economic Letter May 7, suggesting that Bitcoin’s (BTC) decline following its $20,000 peak was the result of the launch of Bitcoin futures trading.
The Federal Reserve’s letter says that “the rapid run-up and subsequent fall in the price after the introduction of futures does not appear to be a coincidence” and “it is consistent with trading behavior that typically accompanies the introduction of futures markets for an asset."
The highest Bitcoin price coincided with the introduction of Bitcoin futures by the Chicago Mercantile Exchange (CME) in mid-December last year. A week earlier, the Chicago Board Options Exchange (CBOE) also launched Bitcoin futures, although trading was thin, the study says. read for further details
https://cointelegraph.com/news/federal-reserve-bitcoin-futures-launch-led-to-december-2017-price-decline
i beleive that before bitcoin get back to it current hegiths there will be a lot of pumps and dips that will happened because of traders and holders that is selling and buying.
We can't state or envision the final product for bitcoin within the near future since its shaky. Regardless, we can only expect a great future with bitcoin.
I sincerely believe and almost 100 percent sure that bitcoin will grow in price further and very soon will beat its previous price record.
I think bitcoin will move forward and only forward, with small drops. This technology should be actively used by us.
My current view is simple.
We are going down, not like a rock in a lake but fractionally down, then being relatively stable for few months we start a new BULL run to new highs, dragging every damn alt with us.
We are going down, not like a rock in a lake but fractionally down, then being relatively stable for few months we start a new BULL run to new highs, dragging every damn alt with us.
You just mean to say that we are facing volatility issues and by the end of year we will face a massive growth but I think every year can't be same like the previous one everyone has already put their focus on bitcoin, hence creating new heights make it little difficult. I am not underestimating the power of Bitcoin and its capability but the latest market trend clearly shows that even the $20k mark will also be a big achievement.
Recently, bitcoin has been showing steady growth. He slowly overcame the first resistance line of $ 10,000, now approaching a new line of$12,000.
I see two options for further developments.
1. Bitcoin consolidates above 12000$ a sharp increase in prices that will allow Aldona to begin to move forward.
2. Bitcoin goes for correction to$ 9500 and breaks new heights with new forces.
Here's my technical analysis chart. Who that thinks?
https://www.tradingview.com/x/D9TGyKlY/
We can't still predict what will happen in bitcoin knowing that a lot of things are happening each and everyday in the market. It is not bad to make conclusion but we should still be considerate on the facts that bitcoin will stay unstable for a long time and it may either bring us good or bad things. Let us keep our hopes high and keep on believing that bitcoin will soon get better.I see two options for further developments.
1. Bitcoin consolidates above 12000$ a sharp increase in prices that will allow Aldona to begin to move forward.
2. Bitcoin goes for correction to$ 9500 and breaks new heights with new forces.
Here's my technical analysis chart. Who that thinks?
https://www.tradingview.com/x/D9TGyKlY/
if all the people who buy bitcoin believe to bitcoin.a good future awaits bitcoin.because bitcoin is at the head of digital currencies.
No one knows and no one can tell what will happen in the future. We may be successful with the use of bitcoin but no one is certain if bitcoin will still exist in the future.
Recently, bitcoin has been showing steady growth. He slowly overcame the first resistance line of $ 10,000, now approaching a new line of$12,000.
I see two options for further developments.
1. Bitcoin consolidates above 12000$ a sharp increase in prices that will allow Aldona to begin to move forward.
2. Bitcoin goes for correction to$ 9500 and breaks new heights with new forces.
Here's my technical analysis chart. Who that thinks?
https://www.tradingview.com/x/D9TGyKlY/
We can't still predict what will happen in bitcoin knowing that a lot of things are happening each and everyday in the market. It is not bad to make conclusion but we should still be considerate on the facts that bitcoin will stay unstable for a long time and it may either bring us good or bad things. Let us keep our hopes high and keep on believing that bitcoin will soon get better. I see two options for further developments.
1. Bitcoin consolidates above 12000$ a sharp increase in prices that will allow Aldona to begin to move forward.
2. Bitcoin goes for correction to$ 9500 and breaks new heights with new forces.
Here's my technical analysis chart. Who that thinks?
https://www.tradingview.com/x/D9TGyKlY/
My current view is simple.
We are going down, not like a rock in a lake but fractionally down, then being relatively stable for few months we start a new BULL run to new highs, dragging every damn alt with us.
We are going down, not like a rock in a lake but fractionally down, then being relatively stable for few months we start a new BULL run to new highs, dragging every damn alt with us.
There many analysis and predictions and it's hard to know what analysis to follow.
This an exp for predictions for BTC price in the next few years:
https://longforecast.com/bitcoin-price-predictions-2017-2018-2019-btc-to-usd
This an exp for predictions for BTC price in the next few years:
https://longforecast.com/bitcoin-price-predictions-2017-2018-2019-btc-to-usd
Bitcoin is the virtual currency Nobody can say the future. But may guess a little. Bitcoin's market was down a few days ago, many started saying that Bitcoin would die, but now Bitcoin prices have gone up. And experts believe that the price of Bitcoin will go up further. So I hope the forward Bitcoin ahead a lot.
Obviously my response shouldn’t be taken as sage recommendation, or used for creating investment selections. that goes while not spoken communication.No one is aware of for sure concerning the worth of bitcoin within the future, however there square measure events which may modification bitcoin and presumably it’s perceived worth
Segwit is already working. The spike a few weeks ago was probably companies testing integration.
Besides LN, there is also Rootstock project that will do two things for bitcoin. It will introduce a currency called RSK, which will be pegged to Bitcoin, and can be used for small value quick transactions, for example for micropayments. You will be able to go back and force between RSK and BTC without an exchange. It doesn't dilute BTC, because you have to lock up BTC in order to generate RSK, and you destroy RSK to unlock the BTC. Besides RSK serving as an off chain bitcoin transaction it will also allow smart contracts like on Ethereum, so people can start ICOs on Rootstock, backed by BTC, without inflating the Bitcoin blockchain.
There is also Shnorr signatures, which will bring partially confidential transactions, and 25% capacity increase to Bitcoin.
There are other projects, one will bring confidential transactions to BTC, and another that completely changes how the blockchain is stored in an extremely efficient way, and how bitcoin is mined called mimbewimble, but it may not replace bitcoin's code, rather work as a sidechain similar to how RSK works.
Besides LN, there is also Rootstock project that will do two things for bitcoin. It will introduce a currency called RSK, which will be pegged to Bitcoin, and can be used for small value quick transactions, for example for micropayments. You will be able to go back and force between RSK and BTC without an exchange. It doesn't dilute BTC, because you have to lock up BTC in order to generate RSK, and you destroy RSK to unlock the BTC. Besides RSK serving as an off chain bitcoin transaction it will also allow smart contracts like on Ethereum, so people can start ICOs on Rootstock, backed by BTC, without inflating the Bitcoin blockchain.
There is also Shnorr signatures, which will bring partially confidential transactions, and 25% capacity increase to Bitcoin.
There are other projects, one will bring confidential transactions to BTC, and another that completely changes how the blockchain is stored in an extremely efficient way, and how bitcoin is mined called mimbewimble, but it may not replace bitcoin's code, rather work as a sidechain similar to how RSK works.
I believe nothing will surely happen to bitcoin. It has come to stay and very soon, it will replace traditional currency people are using.
Bitcoin will be more popular than before. Many people will invest and use Bitcoin to earn extra Money. It will be legalized in most of the Countries too. I think most of the online transactions will use bitcoin too. and Bitcoin will be safer and secure than before. many Companies too will use Bitcoin or invest in Bitcoin.
I think may be again stabilizing prices this month, is likely to drop briefly at the end of the month or next month
and rise slowly when entering the last 3 months of the turn of the year
and rise slowly when entering the last 3 months of the turn of the year
Bitcoin has gone through the correction and is about 8K for some days now. With the positive news from the G20 discussion on cryptocurrencies that governments should not crack down cryptocurrencies, the price of bitcoin will go up and should even reach 20K at the end of the year.
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