Topic: Why Bitcoin will not hit 20000 soon? - page 2. (Read 2021 times)
maybe because this bitcoin has begun to lose interest and maybe no one has dared to buy bitcoin because we know a lot of information that bitcoin is circulating in some countries that prohibits the circulation and use of bitcoin so it can be an influence for bitcoin to experience price increases...
No, my friend. We don't have that enough support right now to make it to the $20k mark. But I know that we will be able to recover more than $12k by the end of December to at least show the world that our market our still alive and will continue to survive as long as we are here.
Yeah I think we don't have much power to make the price go back up to $20k, even to be able rise to $8k is very difficult especially to reach that price again? somehow the price could reach $19k last year? I think also because of the conditions very supportive like a lot of positive news?
Whales and investors panic are the main cause. Whales have withdrawn most of their money from the market after they have earned horrible profits from last year. They haven't returned yet this year, so the price hasn't yet reached $20000.
I think ICO can't affect Bitcoin. Now the bitcoin price is mainly due to the lack of funds. The incredible pump of Bitcoin last year was inseparable from the crazy purchasing power of Japanese and Koreans. The reason why Bitcoin is so low is mainly because many predators have cashed out.
People have different point of view regarding bitcoin's price in before this year will end. I think 20,000$ is reachable because 1 year ago this month, bitcoin is also down but it really surprise me as it started to rise since then until it hits the 20,000$ mark.
well, but the beginning of the price increase did not start with the price as it is now, and I think in 2017, it is different from this year. Well, this year there were so many blows for bitcoin and ETH that I thought it was a little difficult to make the price reach $ 20,000 this year. 
People have different point of view regarding bitcoin's price in before this year will end. I think 20,000$ is reachable because 1 year ago this month, bitcoin is also down but it really surprise me as it started to rise since then until it hits the 20,000$ mark.
it seems like no no, but more precisely the price of bitcoin cannot touch the price of $ 20,000 anymore because there is no good news that can trigger an increase in bitcoin prices, if there is anything that can trigger a bitcoin price increase as in the past year which has very high demand then it is definitely prices can be very expensive.
After such a prolonged stagnation of the crypto-currency market, it is unlikely that bitcoin will be able to grow rapidly in price. The growth of bitcoin to $ 20,000 will also be hampered by the similarity of the situation with the end of last year and this time investors will already be cautious.
Also, in my opinion, the number and state of the ICO can not in any way affect the price of bitcoin. Rather, the price of bitcoin influences the process of activity and quality of the ICO.
This is because the demand of Bitcoin is very down and the market of Bitcoin is decreasing day by day due to the fall in price.Bitcoin is not able to recover from a very long time now.The investors are suffering from losses as they have invested their money in Bitcoin.Countries are also banning Bitcoin due to its volatility and decentralized nature which is contributing to the downfall of price.Many other cryptocurrencies are also coming in the market. Also, in my opinion, the number and state of the ICO can not in any way affect the price of bitcoin. Rather, the price of bitcoin influences the process of activity and quality of the ICO.
After such a prolonged stagnation of the crypto-currency market, it is unlikely that bitcoin will be able to grow rapidly in price. The growth of bitcoin to $ 20,000 will also be hampered by the similarity of the situation with the end of last year and this time investors will already be cautious.
Also, in my opinion, the number and state of the ICO can not in any way affect the price of bitcoin. Rather, the price of bitcoin influences the process of activity and quality of the ICO.
Also, in my opinion, the number and state of the ICO can not in any way affect the price of bitcoin. Rather, the price of bitcoin influences the process of activity and quality of the ICO.
Because i think bitcoin price will increase if there is many new invest join in this market. At the end of 2017, a huge of investor join in ICOs so it pushes the market up .
Because bitcoin is still in the bearish market and correction of market price is dominant than having and inflation of price. With just the remaining final quarter, bitcoin needs to breach lots of crucial resistances that may prove its way back to 20,000$ mark.
a lot of things to think about before thinking that the price of bitcoin reaches the price of $ 20,000. well, we all have to remain optimistic about this. because we are all crypto users, and hope the price is high. but, I think, to arrive at the $ 20,000 price, that requires a little encouragement by a big company, or a big power.
That's because bitcoin remains under the bullish line and it seems that it will stay indefinitely. I really haven't feel the bullish market yet but no matter how long it takes, i am willing to wait for it because i am holding my digital assets in a long term plan.
Bitcoin's growth began in early 2017 and then it touch 20000. Bitcoin's largest growth is due to the ability to trade with tether dollar. With this growth, a huge growth in ICOs appeared. Nowadays about 30 ICOs are added to the market. This huge volume of ICOs, has taken the power of bitcoin growth. Like weeds next to a tree. Bitcoin will not grow until ICOs exists.
No, icos grew in price when the market was hot and the market was hot because investors were putting their money in bitcoin and they decided to invest in all kind of speculative coins not understanding why they were doing, if what you said was right icos should be dominating the market now and growing like we have never seen them before, but the opposite is happening with icos barely reaching their soft caps and trading way below their ico price after they are listed in an exchange.Yes, that is true. I recently read an article about ico. Basically only a handful of icos made it far enough. I recently looked at ico stats and the statistics were not so bright for much of the recent ICO's. In a sense, projects attracted attention to crypto space because it looked innovative, a fintech revolution. Thus, people invested in ICO's but the ICO's teams don't invest in Bitcoin alternatively. So yes, lots of link between two subjects.
Because bitcoin is still in the bearish market and correction of market price is dominant than having and inflation of price. With just the remaining final quarter, bitcoin needs to breach lots of crucial resistances that may prove its way back to 20,000$ mark.
The main problem at the moment in my opinion is that there is a lot of negative news about bitcoin so reaching $ 20k is difficult. Investors consider this to be bad but not entirely true. this is an assumption and possible.
Increasing bitcoin depends on market adoption, and when the market is sluggish, and that will make the increase in bitcoin slow down, and to get the price to reach 20k then you have to be patient.
For the price to reach $20k levels it needs a rallying up, which means there needs to be more people looking to buy than looking to sell, which would create a market where there are people who are willing to sell for $20k but nothing lower at one point for us to reach those levels.
Now, considering the price has not been there for a long time for us to go there we need to convince other people to keep their bitcoins because we are going up and they will sell it at $20k soon because we are going up, however considering most people lost faith in us being capable of doing that, I doubt anyone would believe it, which would cause them to sell before $20k and than we can't reach that level.
Now, considering the price has not been there for a long time for us to go there we need to convince other people to keep their bitcoins because we are going up and they will sell it at $20k soon because we are going up, however considering most people lost faith in us being capable of doing that, I doubt anyone would believe it, which would cause them to sell before $20k and than we can't reach that level.
Bitcoin's growth began in early 2017 and then it touch 20000. Bitcoin's largest growth is due to the ability to trade with tether dollar. With this growth, a huge growth in ICOs appeared. Nowadays about 30 ICOs are added to the market. This huge volume of ICOs, has taken the power of bitcoin growth. Like weeds next to a tree. Bitcoin will not grow until ICOs exists.
No, icos grew in price when the market was hot and the market was hot because investors were putting their money in bitcoin and they decided to invest in all kind of speculative coins not understanding why they were doing, if what you said was right icos should be dominating the market now and growing like we have never seen them before, but the opposite is happening with icos barely reaching their soft caps and trading way below their ico price after they are listed in an exchange.Yes, that is true. I recently read an article about ico. Basically only a handful of icos made it far enough. I recently looked at ico stats and the statistics were not so bright for much of the recent ICO's. In a sense, projects attracted attention to crypto space because it looked innovative, a fintech revolution. Thus, people invested in ICO's but the ICO's teams don't invest in Bitcoin alternatively. So yes, lots of link between two subjects.
And that's why i don't think icos will have any significant effect in bitcoin movement this year or the years after. 20k is still achievable of course though people who bought in close to that value would have to have enormous amount of patience to hold that long.
Bitcoin's growth began in early 2017 and then it touch 20000. Bitcoin's largest growth is due to the ability to trade with tether dollar. With this growth, a huge growth in ICOs appeared. Nowadays about 30 ICOs are added to the market. This huge volume of ICOs, has taken the power of bitcoin growth. Like weeds next to a tree. Bitcoin will not grow until ICOs exists.
No, icos grew in price when the market was hot and the market was hot because investors were putting their money in bitcoin and they decided to invest in all kind of speculative coins not understanding why they were doing, if what you said was right icos should be dominating the market now and growing like we have never seen them before, but the opposite is happening with icos barely reaching their soft caps and trading way below their ico price after they are listed in an exchange.Yes, that is true. I recently read an article about ico. Basically only a handful of icos made it far enough. I recently looked at ico stats and the statistics were not so bright for much of the recent ICO's. In a sense, projects attracted attention to crypto space because it looked innovative, a fintech revolution. Thus, people invested in ICO's but the ICO's teams don't invest in Bitcoin alternatively. So yes, lots of link between two subjects.
No matter what kind of cryptocurrency follows the same principle, when the investor buys it its price will rise, and bitcoin wants to touch 20,000 dollars again, then the number of investors needs to triple it! But where do these investors come from?
Jump to: