Topic: What will help bitcoin reach 20k again? (Read 524 times)
For sure the price of the bitcoin will increase and reach again at $20,000 but we need unity like simple keeping your bitcoin and keeping buying to reach our target price again .
Bitcoin's price reached $20k back in December 2017 because of the popularity it gained over the past years wherein even your cab driver knew about BTC. There were mixed news all over the mainstream media during its growth - Countries banning/adopting Bitcoin, hard forks, bubbles, new millionaires thru crypto, hacked exchanges, kidnapping, robberies, scalability issues, etc. I believe that people's trust and belief in bitcoin's technology to have the potential to become the future financial system and Lightning Network development, will help BTC's price to reach another all time high within this year.
I think those people sending FUD about bitcoin in this forum have realized that bitcoin will always fail them. If those FUDs will stop, panic sellers will never coexist too. The time for bitcoin to rise has already initiated and we are now on 11K USD mark.
The current demand has a great effects on bitcoin price, I believe the last quarter of 2017 decrease in demand of bitcoin due to many conversion made by holders in preparation for the holiday season and because of that the value suddenly drops.
I think if investors will take the opportunity while bitcoin value is low surely the demand will increase again as well as the value can bring back to $19500.
I think if investors will take the opportunity while bitcoin value is low surely the demand will increase again as well as the value can bring back to $19500.
Spreading the good news of what bitcoin is and what it can do can somehow help bitcoin to reach 20,000 again. With that, it can invite more investors to pour in their money on bitcoin. As the demand of people getting high and its supply getting low, bitcoin's market price will surely reach 20,000$ again or more.
Which updates in the coming months etc. will help bitcoin to recover to 20k again?
The ads for Bitcoin in youtube and Facebook or twitter is not enough we need to endorse Bitcoin as well to improve our benefits towards it. Invite your friends friends and tell their friends friends to do the same as them. That will probably boost Bitcoin.
It is not far away from 20k. Anything is possible for Bitcoin. Bitcoin can hit 20k anytime but there are some reason to lag behind. In some countries, government is banning it and people are in volatile. In around Q1 of 2018, bitcoin will recover it's price and will hit 20k.
A solution of the scalability problem. The fees were high enough half a year ago, in December they became insane. Now the situation is slowly improving, but any new surge of interest will congest the network again. But I have a feeling that such solution is not going to appear soon. Developers and miners have no incentive to solve the problem, so we will see the rise of many altcoins in 2018.
It is extremely difficult to see it happen during this month, maybe we are going to see those prices again on February of this year, but for me, the only way in that it can go back towards $20k is just if the block size gets increased, or just if the fees go back to $6 again.
Honestly, i think that reaching $20k again will be a longgg journey, i do not know why, but a lot of people are now switching to other altcoins in order to make more profit that just by holding bitcoin. It is a good thing, but in fact, it is a bad thing for bitcoin
To me it feels close and doesn't think it will take a long time to reach at $20k.Indeed at nowadays seems so many people are moving and looks more focusing on Altcoins, but still.. I'm still sure there are still many people who are still buying Bitcoin for investment, the more people who are still close to all activities related to Bitcoin considering the growing of the countries that has been legalize Bitcoin. Not to mention there are still many parties that supports Bitcoin that's remains minded the most special of crypto coin.
Which updates in the coming months etc. will help bitcoin to recover to 20k again?
This is the market, bitcoin can not return to this level so quickly, and for a while bargain on the current range, in the flat. As for the news, absolutely any positive news can throw bitcoin to new heights. After all, this is the law of supply and demand, and the proposal, as is known in bitcoin, is limited
Agree and we should embrace every flaws of bitcoin especially its volatility as it's the one that can give us a good profit. Remember in the mid of 2017, bitcoin just play in $2k+ and suddenly it rose as so we can expect this thing to happen again. Bare in mind that history repeats itself so just hold on tight to bitcoin.
Honestly, i think that reaching $20k again will be a longgg journey, i do not know why, but a lot of people are now switching to other altcoins in order to make more profit that just by holding bitcoin. It is a good thing, but in fact, it is a bad thing for bitcoin
Which updates in the coming months etc. will help bitcoin to recover to 20k again?
network fee if netwrok fee back to 2$ for 100$ many will use more bitcoins and price will break 20,000$ fast.Which updates in the coming months etc. LN activate
Which updates in the coming months etc. will help bitcoin to recover to 20k again?
We can't really do anything that much about it. Bitcoin is naturally volatile since its demand from the market also changes a lot and same thing happens on its market value. What to do is to hold and just take advantage of the backdrops. Its market value will eventually increase now that it is becoming more popular and the demand is getting higher so postive news will come for Bitcoin this year. Which updates in the coming months etc. will help bitcoin to recover to 20k again?
This is the market, bitcoin can not return to this level so quickly, and for a while bargain on the current range, in the flat. As for the news, absolutely any positive news can throw bitcoin to new heights. After all, this is the law of supply and demand, and the proposal, as is known in bitcoin, is limited
Which updates in the coming months etc. will help bitcoin to recover to 20k again?
The ads for Bitcoin in youtube and Facebook or twitter is not enough we need to endorse Bitcoin as well to improve our benefits towards it. Invite your friends friends and tell their friends friends to do the same as them. That will probably boost Bitcoin.
Which updates in the coming months etc. will help bitcoin to recover to 20k again?
The update we are all waiting is for the devs to tell to us that the lightning network is finally ready and that we can get cheap transactions once again, but we do not know when that is going to happen. 
Which updates in the coming months etc. will help bitcoin to recover to 20k again?
I think more countries making bitcoin legal will start the recovery process and what will make the value even go higher is the coming of the lightning network...just hope it’s not to far because we desperately need a fix for bitcoin to be used as an everyday currency.Only the increase in Investors make this happen. If the investor or buyer of bitcoin is increased, automatically the bitcoin price also increased.It's just like a asset need. If the need of any assets is increased, automatically the price of asset also increased. So this only make the bitcoin value equal to 20,000$.
Which updates in the coming months etc. will help bitcoin to recover to 20k again?
I think more countries making bitcoin legal will start the recovery process and what will make the value even go higher is the coming of the lightning network...just hope it’s not to far because we desperately need a fix for bitcoin to be used as an everyday currency. with that said there has been a drop in number of transactions in mempool although the size is still the same so I think they have at least slowed down the spam attack for now.
In current times there is no need for anyone to spam the network. The increased usage and wild price swings make people transact back and forth like crazy, and thus this can be seen as free network cluttering for those who would otherwise spam the network themselves. The only thing we can blame certain miners for, is minting near empty blocks. Today it were BTC.TOP and Antpool who minted both a near empty block, which is just ridiculous in current times. People and services are desperately waiting for confirmations, and these bastards just troll everyone by making them wait longer, and further clutter the network. In the last few days Antpool minted four near empty blocks, which has become a frequent practice for them.
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