What will help bitcoin reach 20k again? - page 3.

haroldtee

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Quote from: ployfit on January 12, 2018, 12:34:39 PM

Quote from: mobnepal on January 12, 2018, 02:31:05 AM

When all fud regarding possible ban of bitcoin trading in few countries will be over, bitcoin will start to pump again and it can easily go to over $20k.

Also if there will be active development on implementation of lightening network than price will fly to moon.

I think by end of Q1 of 2018, bitcoin price will be above $25k.

It's enough if the fuds are removed from the news, we can witness another bull market in bitcoin. This would shift the price above $20k actually.

We cannot remove FUDs. They will always keep coming and media have a way of dishing it out to the public. The only thing I am sure will really cause a stir for the bulls right now is if the Lightening Network is deployed which will make the currency aspect of bitcoin to be a reality. That is the only thing right now. News have a way of playing with the minds of traders and investors, either good or bad.

ployfit

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Quote from: mobnepal on January 12, 2018, 02:31:05 AM

When all fud regarding possible ban of bitcoin trading in few countries will be over, bitcoin will start to pump again and it can easily go to over $20k.

Also if there will be active development on implementation of lightening network than price will fly to moon.

I think by end of Q1 of 2018, bitcoin price will be above $25k.

It's enough if the fuds are removed from the news, we can witness another bull market in bitcoin. This would shift the price above $20k actually.

dead_m92

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Once that the Lightning Network gets implemented, the price is going to be a rocket again.

I am confident about it, and we all know that the LN is all we need right now, fast payments, cheap, and smoothly, that is what we need to make the price go up.

malikusama

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Quote from: vladimir21 on January 11, 2018, 10:25:08 PM

Which updates in the coming months etc. will help bitcoin to recover to 20k again?

Scalability is the major issue here, transaction fee and confirmation time should be lower down not just to recover the price again rapidly but also to set new benchmarks in future. Users are much frustrated due to the problems they have faced regarding transactions in the past few months, this need to be resolved immediately.
Moreover what i have observed there is one more thing that can recover the price is community "trust", the distributed investment should be gather again in order to pump the bitcoin again for the next ATH.

lablab03

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Quote from: vladimir21 on January 11, 2018, 10:25:08 PM

Which updates in the coming months etc. will help bitcoin to recover to 20k again?

perhaps but for now we have no idea cause it seems there are no positive news about bitcoin nowadays. And they all said that this year is all about altcoin and i agreed on it as i see the valued of ETH nowadays. But dont loss hope mate soon it will recover maybe mid of this year. If i was you invest on alt while bitcoin is on dip and then covert it when bitcoin rise again.

armansolis593

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Quote from: vladimir21 on January 11, 2018, 10:25:08 PM

Which updates in the coming months etc. will help bitcoin to recover to 20k again?

Everyone has been waiting for the lightning network to be implemented in the network to reduce or to really solve the problem within the network.
When the bitcoin network comes back to a normal state (faster transaction and lesser fees) i believe that most of the companies who have withdrawn their support to bitcoin will comeback.
If the companies comeback to bitcoin and invest this move will have a huge effect in the market and most likely will lead to bitcoins having a higher price.

xuan87

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The transactions fee, a lot of people refuse to used Bitcoin again for transactions because of the fee, and with the decreasing transactions volume then the price will keep on going down, if this can be fixed I think 20k will be easy to achieve, and we can't keep on asking people to used Bitcoin because once the people see the fee then that people will choose other coin

Ayiranorea

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Same as that happened in the last year, if one or more countries adopt bitcoin giving importance same as that they provide to the traditional currency of the respective countries will surely cause a price pumping to take place in a very smaller time period and the same will help for gradual growth.

h0lybyte

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There are two major frustrating changes in bitcoin network since mid of 2016 which if gets implemented, the price will start increasing nonstoppable.
1. The network fee is so high even some wallets like coinbase charges $13 for transaction of $5. This looks vwry unfair because small traders can't afford.
2. The time of confirmation has been increased much more than before, this means bitcoin doesn't give us facility of instant funds utilization anymore

orions.belt19

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Quote from: serjent05 on January 12, 2018, 02:48:08 AM

I believe a solution to the transaction fee and the confirmation delay problem. This will definitely give a huge hype to Bitcoin that can help it to reach or probably surpass the 20k USD barrier. We all have experienced this annoying hight fees and long confirmation thing from Bitcoin. We even have to bid just to get our transaction confirmed faster. If this problem is solved, I am sure all these FUD thing will turn into a huge hype and will push Bitcoin price to its new ATH.

Many have been bothered by the high transaction fees and long confirmation time and if this were to be solved, then this would contribute to better feedback towards bitcoin and would possibly make the price to go up once people are encouraged to buy more. Less people are buying because of this present problem.

Another contributor would if good news about bitcoin were to be spread such as possible adoptions or innovations made, and once the FUDs are gone this would surely have some good impact on the price - or possibly create another hype.

Pursuer

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time and only time.
time for everyone to accumulate enough bitcoin for the next round of rallies to come. that is how the different market stages work. rise > correction > (possible drops) > accumulation > rise

Quote from: vladimir21 on January 11, 2018, 10:25:08 PM

Which updates in the coming months etc. will help bitcoin to recover to 20k again?

I suppose the news about mempool being empty again and transaction fees going back down is the best trigger for a big bull market.

Fazlurkhan.kz

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As bitcoin is recognized world wide now, If more and more countries like Japan legalize it and accept is as an alternative method of payment. That'll help the price rise further as the demand will increase. And due to the limited amount of 21 million It'll just help bitcoin increase it's price. And if there's some way from which the transaction fee comes back to normal people might get comfortable using it more often and thereby increasing the demand.

vanish9

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It will be touching those prices soon, but you just need to know that if there is still a lot of FUD, it will be never touching it. There is a lot of fud coming from Asia at the moment, that is what is creating an impossible way to increase the price ATM.

audaciousbeing

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Quote from: vladimir21 on January 11, 2018, 10:25:08 PM

Which updates in the coming months etc. will help bitcoin to recover to 20k again?

This question is something that I myself have asked all over again but no answer to it and every time it seems that there is a push towards that direction, something just happen that push things back to the initial position. But unfortunately there is nothing one individual can do than keep pushing and hope with all the good news and development in the pipeline when fully deployed could make price reached the all time high which seems to be eluding every day.

serjent05

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I believe a solution to the transaction fee and the confirmation delay problem. This will definitely give a huge hype to Bitcoin that can help it to reach or probably surpass the 20k USD barrier. We all have experienced this annoying hight fees and long confirmation thing from Bitcoin. We even have to bid just to get our transaction confirmed faster. If this problem is solved, I am sure all these FUD thing will turn into a huge hype and will push Bitcoin price to its new ATH.

hugeblack

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Quote from: vladimir21 on January 11, 2018, 10:25:08 PM

Which updates in the coming months etc. will help bitcoin to recover to 20k again?

Unacceptable fee makes everyone think again when to buy or use bitcoin.
Demand will reduce and sites will stop bitcoin -------------> price will down.
when development complete LN network price will start back again.
also, exchange sites ban make effect good "reduce network spam"

bucciarati

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i think that price need to go under radar for a couple of months at least.. but that doesn't mean price need to go down!
it has to stay linear without spikes or crashes because any of both will let generalists news speculate around

we need less pressure at the moment in my opinion

mobnepal

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When all fud regarding possible ban of bitcoin trading in few countries will be over, bitcoin will start to pump again and it can easily go to over $20k.

Also if there will be active development on implementation of lightening network than price will fly to moon.

I think by end of Q1 of 2018, bitcoin price will be above $25k.

vladimir21

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Which updates in the coming months etc. will help bitcoin to recover to 20k again?

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