Will Bitcoin ever get past $10K? - page 5.

mahilchii

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Quote from: cafetools on May 22, 2020, 05:08:40 PM

Honestly wait 5 years without checking the price, you will be amazed.

I agree with you, but do you think everyone will be waiting for so long time?? That's impossible mate only big whales will deal with such stuff in my opinion also they used to manipulate whenever they want and we have experienced it as well. Halving was a real shock to many of them and I believe there was some hands of big whales on twisting the price, however I will take as a opinion and try it Cool

coinfinger

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"ever"? I mean you gotta be joking right? EVER? That is like saying will I be ever able to breath again, it is like something very natural and will happen very frequently. 10K is basically nothing in bitcoin world, we are literally just there right now, with just one 10% increase which is nothing to bitcoin, it would be above 10k once again.

I am very used to the 20k question because that is over double what it is today and I get why people are wondering will we ever become over 20k again it makes sense, but questioning 10k is ridiculous. Of course it will be over 10k, of course it will be very quick as well. Unless something major happens bitcoin will be above 10k very soon, probably this summer too. By 2021 I can see it going even above 20k as well with all this less mining rewards.

Dr.Osh

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I think that for the next opportunity, the price of bitcoin can survive at the price of $ 10k, and even develops better than its achievement at the pump yesterday. other than that, the conditions are quite different now. halving has happened, so I feel that bitcoin will be stronger to survive above the price of $ 10k.

carlisle1

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Quote from: okala on May 23, 2020, 02:06:26 AM

The issue is not about bitcoin get to $10,000 but will it ever remain over $10,000.

Great point there mate because that is certainly correct that for How many times Bitcoin had already passed that 10,000$ price but the
problem is just after an hour it will starts falling again and Back to $9,000 level things that very frustrating specailly for
the people that has been waiting badly for this Halving to happen.

Quote

Bitcoin got rejected close to $10,000 several times this month is not an issue.

Wrong Bitcoin surpassed this 10,000$ and you can just check that in here https://www.bestchange.com/ since Best change has
good trading volume and fair compared to other sources.

Quote

I believe that what has been happening after halving will happen and bitcoin will soon it serious upward movement.

Well not in this moment and time mate,since we are still in burden of this COVID19 and until this virus spreading the world?bitcoin
Halving will remain unseen and value may remain in this trend this whole year.

jhonjhon

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I'm still optimistic even we saw a lot of times that the market is down. This dump is just probably a market correction, I don't blame whales for this and surely it turns back high again. We've been reaching at $10.2k in February and quite not possible that we hit it back.
Not only I think for $10k but it more.

Review Master

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Quote from: jhonjhon on May 23, 2020, 09:49:31 AM

I'm still optimistic even we saw a lot of times that the market is down. This dump is just probably a market correction, I don't blame whales for this and surely it turns back high again. We've been reaching at $10.2k in February and quite not possible that we hit it back.
Not only I think for $10k but it more.

No, that's not caused by the Whales. The recent dump was happened because of the recent transections from a 11 years old bitcoin wallet address which was supposed to be a wallet of Satoshi Nakamoto. But some block researchers said, the old wallet wasn't owned by satoshi. It might be a wallet of early miner who wasn't owned by satoshi. You can read this article: Satoshi Nakamoto Didn't Just move Bitcoin

michellee

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Quote from: okala on May 23, 2020, 02:06:26 AM

The issue is not about bitcoin get to $10,000 but will it ever remain over $10,000. Bitcoin got rejected close to $10,000 several times this month is not an issue. I believe that what has been happening after halving will happen and bitcoin will soon it serious upward movement.

I think that will be only temporary because we will see bitcoin price will get to $10k someday. No matter the price can increase in the short term or long term, the price will be there, and we will make a big profit again. The problem is we need to have more patience to wait for that time, and we need to prevent the panic that can happen anytime when we see the price is up and down.

culuuton

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This is a very important milestone before bitcoin can have its ideal growth. Many bosses will be more interested in Bitcoin because many companies can't operate after the pandemic, they need a new quality investment channel. It will completely surpass and stabilize above $10,000.

okala

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The issue is not about bitcoin get to $10,000 but will it ever remain over $10,000. Bitcoin got rejected close to $10,000 several times this month is not an issue. I believe that what has been happening after halving will happen and bitcoin will soon it serious upward movement.

Finestream

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Definitely, I believe we will ever see that again this year, actually I my prediction this year is that bitcoin will stay at $10,000 or over by the end of the year.
I even though that with the halving that happened this year it will bring some bullish sentiment and it seems like in the past few days, bitcoin is always bouncing back everytime it's dump.

There's no hype going forward but a lot of experts believe that 2021 is gonna be a good year for bitcoin which I agree if we will see more dominant uptrend this year and I am betting on that to happen. So my bet is at least $10,000 this year -

Oasisman

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Quote from: cafetools on May 22, 2020, 05:08:40 PM

Honestly wait 5 years without checking the price, you will be amazed.

I know you sound sarcastic but that's ridiculous Cheesy

, you might be missing a lot if you're planning to do that. 5 years is long enough to see a lot of changes, you might not be able to sell at the peak before 5 years, or worse case scenario, you'll miss the ATH and will wait for another year to reach your price appetite base on the price history in a span of 5 years.

Still the best strategy IMO is to just hodl when you're totally uncertain about the events that could affect the price movements.

rodskee

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Quote from: Abiky on May 22, 2020, 02:14:37 PM

It's already been past halving, yet prices continue to fluctuate between the $9k to $9.5k range. I've noticed that each time prices try to reach $10k, everything "falls out" immediately. Is this a result of price manipulation by whales? At this pace, it's hard to believe that Bitcoin will ever get past $10k. Even if it does get past $10k, reaching a new ATH in price could be quite challenging.

Obviously this is the result of the spreading virus and declared as Pandemic so maybe we may consider letting
the market make its way to whatever meant for this moment because the economic
crisis is the witness how hard people can provide money now and surely
they prioritize finding Food before any investment thing.

Quote from: Abiky on May 22, 2020, 02:14:37 PM

What are your thoughts? Do you think Bitcoin will ever get past $10k? Huh

There are Barricading happens couple of times now and not letting Bitcoin passed even $9,900 mark so for me?
it will be harder to taste 10k$ again this quarter.

But the world is now starting to recover and the spread of virus is slowing,meaning in the next months we will
see some light so lets see in 3rd quarter what will happen.

Viscore

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I am confident bitcoin will get past $10k again this year, though we can see that the hype is already over but based on the past trends, bitcoin is bullish post halving. We might see a lot of price movement, a possible pump and dump again but in overall the market should be bullish.

With people thinking of investing more than using bitcoin for transaction, I guess it will help a lot.
And though we never really know, but let's just predict here based on our instinct, and my instinct says bitcoin will rise.

GreatArkansas

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This is what it looks on the chart.
Started around February 2020 when we reached above $10,000 and fall after it, we always touching $10,000 or almost of it yet falling down again.
So, we will consider the $10,000 level is strong resistance there that Bitcoin need to break.
For sure, once we will able to break it again and stay there for weeks, we can see again the $13,000 or above just like what happened in 2019.

Yamifoud

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Don't forget that we even reach almost $15k early this year and that's not possible that we hit back again at $10k or even more.
Besides, we are rallying at $9k-$9.5k, quite a few more steps will surpassing the $10k but kinda not so easy, and seeing the resistance is really not strong enough to push it. We could think that there is price manipulation happening around.

But anyway, halving isn't yet showing a positive market response. Let see how the market looks like one month after halving.
And possible that we gonna hit the wall once again.

btc_angela

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Quote from: carlaca on May 22, 2020, 04:35:04 PM

I take advantage of the post to ask if it is a good time to buy bitcoin ?. Thank you

The golden rule is to buy during dip.

As for the $10k, yes, it looks like this is a big wall in front of us. We have breach it though, but the problem is that, we didn't sustained the run and the price keeps stalling around the $9k barrier. Although we have a minor correction in the last two days, it looks like we are green again. So bulls are going to make a push to 5 digits, perhaps it is just a matter of time. There could be some news in the future that might help the cause to reach $10k, who knows.

Wysi

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Quote from: cafetools on May 22, 2020, 05:08:40 PM

Honestly wait 5 years without checking the price, you will be amazed.

Very less number of people would do that, probably the long term investors as most of the users in this forum are looking for monetary gain occasionally that's the reason there is a huge chaos whenever there is a pump or dump. I just hope Bitcoin remains immune from the ongoing pandemic wherein we have already had enough number of negative posts in the wake of COVID.

cafetools

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Honestly wait 5 years without checking the price, you will be amazed.

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Quote from: Abiky on May 22, 2020, 02:14:37 PM

It's already been past halving, yet prices continue to fluctuate between the $9k to $9.5k range. I've noticed that each time prices try to reach $10k, everything "falls out" immediately. Is this a result of price manipulation by whales? At this pace, it's hard to believe that Bitcoin will ever get past $10k. Even if it does get past $10k, reaching a new ATH in price could be quite challenging.

Since it's been only a week after Bitcoin's third halving, anything could happen in the future. Right now, we're in a level of uncertainty due to the COVID-19 pandemic. Maybe Bitcoin will be able to break out to new levels in price after all of this is over? Or will it continue to rise while Fiat goes down the drain? Whichever way Bitcoin goes forward in terms of price, many people will still support it. Fees are at an increasing rate, so we'll have to wait until everything goes back to normal (both in Bitcoin and the mainstream world) for prices to head all the way past $10k and beyond.

What are your thoughts? Do you think Bitcoin will ever get past $10k? Huh

I guess bitcoin still did an amazing job when it's price didn't fall during Covid pandemic. Bitcoin proved again that it's better than fiat currencies, especially in situations when we really need currencies' stable or growing value and not rapidly falling one.
I don't think we need to wait until everything goes back to normal because that won't happen soon and we will need some years to recover from upcoming higher economic crisis. If you mean relaxing of restriction in "going back to normal", then that will happen soon.
There wasn't any significant price rise for a while during last halving that occured in July of 2016. So I feel positive at the moment.
To sum up, bitcoin didn't fall during pandemic and keeps stable price after halving, right now I think bitcoin is doing very well and to be fair surpassed my expectations.

carlaca

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