Will Bitcoin ever be 20k again? Why or Why not? - page 3.

TwtRedeo

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Quote from: ErnieRox on October 18, 2018, 05:21:41 AM

might see 5k or 5500 first but hopefully not Tongue

Nobody knows how long it will take to reach $20000. Now a days the price of bitcoin is not acceding $7000 for permanent basis and therefore I think that it will take long time to hit $20000 if the price grows naturally and not due to big unnatural bump. The investment cap in not increasing too fast and that is the reason that it will take long time to get to that point.

JohnBitCo

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Quote from: Idrisu on October 23, 2018, 06:39:05 AM

$20,000 is not a benchmark for bitcoin and we should expect more big figures to come up in some days to come. Currently we are at a level were bitcoin is going to makes another move and we don't actually know we're it is going to lead to! It might end around $30,000 $100,000 or possibly $1,000,000.

Yes, at the present time, 20000$ seems very far away but with the passage of time we will see bitcoin crosses this figure and reach much more higher. Then 20K would not be seems as a giant figure and who knows we see strong support at this point and never see bitcoin below this value.

OrangeII

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Reward: 10M Shen (Approx. 5000 BNB) Bounty

Quote from: Idrisu on October 23, 2018, 06:39:05 AM

$20,000 is not a benchmark for bitcoin and we should expect more big figures to come up in some days to come. Currently we are at a level were bitcoin is going to makes another move and we don't actually know we're it is going to lead to! It might end around $30,000 $100,000 or possibly $1,000,000.

we cannot confirm that, because we do not know the future. but of course bitcoin will continue to be developed to get high scores. I think the popularity of bitcoin will make the price of bitcoin even higher, whether it comes to a price of $ 20k or not, but I'm really sure of the price.

rosebrand

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Quote from: deevan on October 23, 2018, 08:35:25 AM

I think not soon in future the Bitcoin will not hit 20k, the reason for the BTC to hit 20k last year was that the hype of BTC rises in last year as more and more people taught that it is the best way to get rich quick as the price of BTC was just going in inclined order. So as many people rush to buy BTC the demand rises so many people who were selling their BTC sold it at a little bit high price as compared to the current market price which makes the price of BTC to hit $20k.

last year the government had not attracted attention to crypto like this year. there are a lot of rumors to prevent prices from rising and there are indeed many holders who don't want to speculate further, but there are good things in December where sales trends will be very massive

with large volumes going directly to increase prices. because supply and demand will continue to grow. But I don't know for sure how much the maximum price will be valid according to the closing of the year.

deevan

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I think not soon in future the Bitcoin will not hit 20k, the reason for the BTC to hit 20k last year was that the hype of BTC rises in last year as more and more people taught that it is the best way to get rich quick as the price of BTC was just going in inclined order. So as many people rush to buy BTC the demand rises so many people who were selling their BTC sold it at a little bit high price as compared to the current market price which makes the price of BTC to hit $20k.

yndye

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Quote from: Idrisu on October 23, 2018, 06:39:05 AM

$20,000 is not a benchmark for bitcoin and we should expect more big figures to come up in some days to come. Currently we are at a level were bitcoin is going to makes another move and we don't actually know we're it is going to lead to! It might end around $30,000 $100,000 or possibly $1,000,000.

I think that we would again reach $20k one day but it would happen maybe in a few months or years time. We don't know yet what will happen but one thing I know is that day by day, the people who knew about bitcoin are getting larger so in due time, they would consider adopting it and then the mass adoption that we are waiting for would happen.

For those who hold tight to their coin would be rewarded. Of course, we shouldn't just be lax and wait for the time that bitcoin would go up. If possible, one should study trading as well so that even if the market is not doing good, we would still be earning.

onrise

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Quote from: Idrisu on October 23, 2018, 06:39:05 AM

$20,000 is not a benchmark for bitcoin and we should expect more big figures to come up in some days to come. Currently we are at a level were bitcoin is going to makes another move and we don't actually know we're it is going to lead to! It might end around $30,000 $100,000 or possibly $1,000,000.

20k just may be the beginning of the new high but for that we may have to wait for few months to achieve that. Currently even first it crosses 10k will be the big thing considering the run has just not happened in this year . Yes it can easily cross 25k or 30k in next year provided we have some good news from the world markets.

Idrisu

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$20,000 is not a benchmark for bitcoin and we should expect more big figures to come up in some days to come. Currently we are at a level were bitcoin is going to makes another move and we don't actually know we're it is going to lead to! It might end around $30,000 $100,000 or possibly $1,000,000.

triciaa478

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It is still possible but not now. Hopefully by 2020 it can be traded at a minimum of 20,000 usd. Bitcoin price for the past years has proven that it can still go up despite the fact that it goes down temporary.

Whosdaddy

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Quote from: Rooster101 on October 15, 2018, 05:07:50 PM

Quote from: MarchToke on October 11, 2018, 11:15:27 PM

Not this year if i have to speculate it regarding on the status of bitcoin. It might be next year that the price of bitcoin will rise drastically again that may even break the 20,000$ all time high.

Same here, I also bitcoin can't able to reach that $20k again this year because the market is often bearish for the past nine months. There is still no clear sign of bullish trend in this 4th quarter and the price growth is still slow compared to last year. For the past few weeks, bitcoin experienced some price uptick or slight increase of price followed by dip again. $20k might be reach again or even surpass it next year if the factors for reaching higher growth are present.

There are actually a lot of resistance above us and it would take some huge rally to see bitcoin to go test the previous ATH which as far as I am concerned now, this is something I would not expect this year at all, until may be 2019.

Although, we all know how markets can be surprising and most especially the cryptocurrency market, but one sure thing is that the future is bright and personally I am more focused on that than anything at all now. 20k is something that we would get to see eventually, if not this year, but maybe in some years to come, but one day I am sure, some would wish they even bought at 20k.

feelivent

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Quote from: LongerBitcoin on October 18, 2018, 03:43:53 AM

Quote from: DaughterOFbitcoin on October 15, 2018, 05:10:28 AM

Quote from: Pattart on October 10, 2018, 07:49:19 PM

Quote from: coin_1122 on October 09, 2018, 10:27:53 PM

It is possible to cross more than $20k but how long it is going to take nobody don't know because the market situation and from the news makes the piece of bitcoin more stable. It is a very good sign for bitcoin to hold them as long as possible to increase the price.

The possibility of returning to that price certainly still exists, moreover the development of bitcoin is still going on. but we don't know when it will happen because price changes are influenced by many things, we dont know what will come in the future, all we do is believe and wait..

Yeah it is right that time is not guaranteed when it will cross $20k. I also hope that the future of bitcoin is good and gradually the price will rise more and more but it is possible if we trust and believe bitcoin and invest in it and also convince more and more people to put their money in bitcoin for to earn some money for free if the price goes high in the future.

Yeah you are right, may it cross $20k and even reach $30k in the future. It depends upon the acceptance and regulation of bitcoin in all over the world, and also the use of bitcoin. If we use our bitcoin in the markets more and more people will come to know about bitcoin and will take interest in it because of its unique features and benefits. Just wait a little more.

Of course the chances are very low because trust of the people. Thousands of investors have lost big money in the start of this year and now I think they will not put their money easily in bitcoin. To rebuild their trust in bitcoin, the price should be on a bit move upwards because when they see that the price is going up, they may take some interest in investment again.

Keyboard PC

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if you look at the total supply and demand for bitcoin then bitcoin should have a very expensive price and bitcoin could reach a price of more than $ 20k but to be able to make the price of bitcoin expensive then there should be good news about receiving bitcoin on a large platform.

gamalzour

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Quote from: TwtRedeo on October 17, 2018, 07:09:55 AM

Quote from: domarakooth on October 15, 2018, 03:38:59 AM

Quote from: onrise on October 10, 2018, 11:44:05 PM

Quote from: ?? on ??

The economy is always changing and uncertain with its currency values and cryptocurrency is no different, all we can do is wait and see what happens to the value of bitcoin if they increase or not and by how much.

Btc and other crypto currency are highly volatile and very sensitive to some news which can make or break the price like free fall which happened at start of this year considering from last year. One need to have patience and keep having some strategy for their short and long term holdings.

Hard to predict since today's price is lower than yesterday's price. Seems it will go down more but i believe the price will be stable at $5,000.

No doubt it will reach to $20k again in the future but how much time it will take no say about that because no one knows what will happen in the coming days. But we should be patient and optimistic about the bright future of bitcoin and hope that the price will go up besides come down. Bitcoin is the future currency and now people realizing this thing.

This is irrelevant in the current stages because the value has not shown any surprise so far but I am sure that it will cross and break its previous highest record. The 20k prediction will come later and may come in the beginning of next year though it is not permanent but we can think of further future plans and actions necessary to make sure that we may get any opportunity in order to sell out on price more than 15k dollar.

crzy

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Quote from: vhns222 on October 16, 2018, 04:09:40 AM

I think yes if insitusional investors join market but when it would happen ? was said at the end of thi year but seems we dont see that and now many people say in Q1 but i sure it will be .

IMO, bitcoin will not hit $20k level again this year, but yes its possible in early stage of 2019.
I hope that many big investors will come in cryptomarket, before the end of 2018 so we can have a greater chance to see bitcoin beyond $20k level, and hopefully no more price manipulation for now so we can see the true value of bitcoin.

badungs

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Maybe bitcoin can return to the price of $20k again or even more than that but it doesn't know when it will happen because bitcoin is very difficult to predict. every day the news continues to grow and the news arrives suddenly which results in rapid price fluctuations due to good or bad news about bitcoin. yes hope that in the future bitcoin will get positive news that can pump the price of bitcoin to exceed the ATH that has ever been achieved.

omonuyak

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It is still very possible that bitcoin is going to get to $20,000 and even above in some years to come. Remember that in cryptocurrencies everything is possible and if you like you can save this post and refresh it in some years to come. Many of us trying to make other understand that bitcoin is going to get to $20,000 in 2017 but we were called speculators and I believe that bitcoin is going to hit $20,000 in 2019 again.

andycarrol

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Quote from: Kidmat on October 18, 2018, 07:59:40 AM

Quote from: Baronggot on October 17, 2018, 06:47:18 PM

If we expect to see bitcoin to reach 20,000$ this year, maybe the chances is small for it looks like it's still stuck in the bearish trend. Maybe next year the cryptocurrencies will be having a drastic rise as the bull run starts.

I think not this year for bitcoin to surpass the price, it is possible next year we may see the rise of price. Yes this is what I am seeing in bitcoin stands this year it could not reached 20k. No good news progress recently that’s why it cannot reach although in crypto price is unpredictable.

I agree it's not going to happen in this year, but if I look at the price phase, it looks like will occur in 2020-2021, where the current phase really happened, a lot of the negative news that makes the price of bitcoin difficult increases. because after halving bitcoin prices usually skyrocket.

Kidmat

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Quote from: Baronggot on October 17, 2018, 06:47:18 PM

If we expect to see bitcoin to reach 20,000$ this year, maybe the chances is small for it looks like it's still stuck in the bearish trend. Maybe next year the cryptocurrencies will be having a drastic rise as the bull run starts.

I think not this year for bitcoin to surpass the price, it is possible next year we may see the rise of price. Yes this is what I am seeing in bitcoin stands this year it could not reached 20k. No good news progress recently that’s why it cannot reach although in crypto price is unpredictable.

ErnieRox

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Novus ordo seclorum

might see 5k or 5500 first but hopefully not Tongue

LongerBitcoin

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Quote from: DaughterOFbitcoin on October 15, 2018, 05:10:28 AM

Quote from: Pattart on October 10, 2018, 07:49:19 PM

Quote from: coin_1122 on October 09, 2018, 10:27:53 PM

It is possible to cross more than $20k but how long it is going to take nobody don't know because the market situation and from the news makes the piece of bitcoin more stable. It is a very good sign for bitcoin to hold them as long as possible to increase the price.

The possibility of returning to that price certainly still exists, moreover the development of bitcoin is still going on. but we don't know when it will happen because price changes are influenced by many things, we dont know what will come in the future, all we do is believe and wait..

Yeah it is right that time is not guaranteed when it will cross $20k. I also hope that the future of bitcoin is good and gradually the price will rise more and more but it is possible if we trust and believe bitcoin and invest in it and also convince more and more people to put their money in bitcoin for to earn some money for free if the price goes high in the future.

Yeah you are right, may it cross $20k and even reach $30k in the future. It depends upon the acceptance and regulation of bitcoin in all over the world, and also the use of bitcoin. If we use our bitcoin in the markets more and more people will come to know about bitcoin and will take interest in it because of its unique features and benefits. Just wait a little more.

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