Will Bitcoin Get Its First Price? | Bitcointalksearch.org

palle11

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Quote from: aliijaz12560 on January 14, 2020, 11:28:15 PM

Today, the price of bitcoin is going up and down. Many are saying that the price of Bitcoin cannot reach $ 20,000 now.

This is not a hard achieve. We can only doubt the probability of the price bitcoin has not got to but if it has reached that, there is high possibility of getting there again.

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Quote from: Darker45 on January 14, 2020, 11:44:50 PM

Quote from: pooya87 on January 14, 2020, 11:35:50 PM

Quote from: aliijaz12560 on January 14, 2020, 11:28:15 PM

This is the reason why Bitcoin has been locked in several countries.

you mean "banned"?
if yes, then there has not been any new country that banned bitcoin for many years. there is the same handful of countries like Bangladesh that banned bitcoin many years ago and have not changed their stance while the rest of 99% of the world have accepted bitcoin more or less.

And even in Bangladesh where Bitcoin is declared illegal and arrests are made, the people are still pretty much into Bitcoin. Bangladeshis are buying and selling Bitcoin. They are in this forum as well, discussing and talking about Bitcoin, and working for Bitcoin. As a matter of fact, "The Bitcoin Cafe" is still in Bangladesh serving hot coffee until now (I hope). There you go. There is nothing and no one that can stop Bitcoin.

If you do things in hiding then yes no one can stop you, but if the government knows about your crypto activity then they will catch you and lock you in prison. Things are different here! You can't use bitcoin openly in Bangladesh, right? Then how can you say no one can stop you? There is no shame to accept that bitcoin is not accepted by many countries and their reason is pretty good!

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Quote from: aliijaz12560 on January 14, 2020, 11:28:15 PM

Today, the price of bitcoin is going up and down. Many are saying that the price of Bitcoin cannot reach $ 20,000 now.
That can be the right thing to see. This is the reason why Bitcoin has been locked in several countries. The only way Bitcoin can be priced in its true state is if the countries where Bitcoin is closed are removed. Did I say right?

Well I guess everything is connected, I mean if government lift the ban in their own countries this will cause a mass adoption, big entrepreneurs will get attract on it and it this community will catch more investors then that might be a chance we could see Bitcoin grow and set a new record of an all-time high.

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in my country blocked only as a means of payment it is not allowed to buy anything with bitcoin, but they do not prohibit the right of people to hold it as a digital asset and their investment at their own risk, so the purpose of prohibiting I think you need to read more about this not all countries forbid their community's right to invest in bitcoin, can be blocked for some reason but not prohibited to have it, if prices can go up in the future some time I guarantee that we will touch the price of $ 20k in Q4 this year

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Quote from: bohr on January 25, 2020, 01:20:46 PM

Quote from: aliijaz12560 on January 14, 2020, 11:28:15 PM

Today, the price of bitcoin is going up and down. Many are saying that the price of Bitcoin cannot reach $ 20,000 now.
That can be the right thing to see. This is the reason why Bitcoin has been locked in several countries. The only way Bitcoin can be priced in its true state is if the countries where Bitcoin is closed are removed. Did I say right?

Some of the most important and powerful countries of the world do not seem to want to ban bitcoin, they understand the technology, once they ban bitcoin they are not going to have any recourse against it since people will begin to transact directly in it, a ban from a big country may have a temporal effect on bitcoin but after some time things will go back to the way they were, the reason the price cannot go to 20k is because there is simply not demand for it.

Or these countries just don't see anything major in btc to warrant a ban or a full support. There are more countries who are dealing indifferently with bitcoin that those who're spending time in it, like china. I guess these countries see both the harm and good and just lets its citizens decide for themselves of they want to deal with crypto.

BigBos

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I don't think that when other countries accept bitcoin, prices will rise rapidly. I think that to reach the price of $ 20,000, only development needs to be done for development. there are some countries that reject this development, but now they are using it again, and that doesn't affect the price deeply. however, achieving a price of $ 20,000 depends on the functions and benefits of bitcoin. if bitcoin can be put to good use, then it can make the price go up. in addition, this year, the potential increase in the price of bitcoin can reach a price of $ 20000 is quite large.

Best Dreams

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Quote from: Ridwan Fauzi on January 24, 2020, 01:00:25 PM

Quote from: aliijaz12560 on January 14, 2020, 11:28:15 PM

Today, the price of bitcoin is going up and down. Many are saying that the price of Bitcoin cannot reach $ 20,000 now.
That can be the right thing to see. This is the reason why Bitcoin has been locked in several countries. The only way Bitcoin can be priced in its true state is if the countries where Bitcoin is closed are removed. Did I say right?

No at all, bitcoin price will be priced although there are a lot countries tried to ban bitcoin. That is what I still use bitcoin, although my government still ban bitcoin especially for using it as payment system I'm still using it. They just make a decision but since bitcoin is using internet network that we can avoided it with many ways.

Look at the price movement of bitcoin, although its price had reached $20.000 at 2017 ago and down to $3500 at 2018 ago but its price still have a chance to increase such as in the last year bitcoin price back to increase to $13.000 that is pointed out $20.000 can be reached but it needs several times.

Yes bitcoin never remains at same price but it keeps moving according to the yearly situation of the market as you explained really well that in different years the price has been different. So I think it's not possible to see the bitcoin at its very first price as it's now more than 11 years and bitcoin has achieved such huge potential all around the world so price now will only pump as much as I know.

bohr

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Quote from: aliijaz12560 on January 14, 2020, 11:28:15 PM

Today, the price of bitcoin is going up and down. Many are saying that the price of Bitcoin cannot reach $ 20,000 now.
That can be the right thing to see. This is the reason why Bitcoin has been locked in several countries. The only way Bitcoin can be priced in its true state is if the countries where Bitcoin is closed are removed. Did I say right?

Some of the most important and powerful countries of the world do not seem to want to ban bitcoin, they understand the technology, once they ban bitcoin they are not going to have any recourse against it since people will begin to transact directly in it, a ban from a big country may have a temporal effect on bitcoin but after some time things will go back to the way they were, the reason the price cannot go to 20k is because there is simply not demand for it.

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Quote from: aliijaz12560 on January 14, 2020, 11:28:15 PM

Today, the price of bitcoin is going up and down. Many are saying that the price of Bitcoin cannot reach $ 20,000 now.
That can be the right thing to see. This is the reason why Bitcoin has been locked in several countries. The only way Bitcoin can be priced in its true state is if the countries where Bitcoin is closed are removed. Did I say right?

There is a huge expectation on halving and that's the reason a lot of predict like it will sky rocket again. This is especially with the market strategy when cannot expect a sudden huge pump, and yes countries who oppose BTC will slowly realize the importance of crypto currency and they will declare it again as legal just a matter of time buddy, have patience a long way to go.

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Quote from: aliijaz12560 on January 14, 2020, 11:28:15 PM

Today, the price of bitcoin is going up and down. Many are saying that the price of Bitcoin cannot reach $ 20,000 now.
That can be the right thing to see. This is the reason why Bitcoin has been locked in several countries. The only way Bitcoin can be priced in its true state is if the countries where Bitcoin is closed are removed. Did I say right?

Might have a quite effect but ain't enough. As for now such price range have been triggered by halving that happened few years ago. And if so, to be able to get back to such place may be bitcoin need to have a solid catalyst for market to move at such price. Surely, lifting up those law would have an effect but that doesn't mean that we would be able to see btc moving $20k already.

Ridwan Fauzi

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Quote from: aliijaz12560 on January 14, 2020, 11:28:15 PM

Today, the price of bitcoin is going up and down. Many are saying that the price of Bitcoin cannot reach $ 20,000 now.
That can be the right thing to see. This is the reason why Bitcoin has been locked in several countries. The only way Bitcoin can be priced in its true state is if the countries where Bitcoin is closed are removed. Did I say right?

No at all, bitcoin price will be priced although there are a lot countries tried to ban bitcoin. That is what I still use bitcoin, although my government still ban bitcoin especially for using it as payment system I'm still using it. They just make a decision but since bitcoin is using internet network that we can avoided it with many ways.

Look at the price movement of bitcoin, although its price had reached $20.000 at 2017 ago and down to $3500 at 2018 ago but its price still have a chance to increase such as in the last year bitcoin price back to increase to $13.000 that is pointed out $20.000 can be reached but it needs several times.

radjie

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Quote from: aliijaz12560 on January 14, 2020, 11:28:15 PM

Today, the price of bitcoin is going up and down. Many are saying that the price of Bitcoin cannot reach $ 20,000 now.
That can be the right thing to see. This is the reason why Bitcoin has been locked in several countries. The only way Bitcoin can be priced in its true state is if the countries where Bitcoin is closed are removed. Did I say right?

there are still many opportunities to be able to grow the value of bitcoin to reach $ 20,000, but of course it takes a long time, everything requires a long process to achieve a sharp increase again as in 2017. there may be several factors in the future that can affect the rise in bitcoin prices , but of course we cannot know what will happen in the future.

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Quote from: aliijaz12560 on January 14, 2020, 11:28:15 PM

This is the reason why Bitcoin has been locked in several countries.

Until now I don't know any countries that ban bitcoin. In some countries the government only bans bitcoin as a currency and does not allow it to be used for payment.
People are still free to own bitcoins as a kind of asset, some of my friends in China still own bitcoins and they don't have any trouble with the authorities.

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Quote from: aliijaz12560 on January 14, 2020, 11:28:15 PM

Today, the price of bitcoin is going up and down. Many are saying that the price of Bitcoin cannot reach $ 20,000 now.
That can be the right thing to see. This is the reason why Bitcoin has been locked in several countries. The only way Bitcoin can be priced in its true state is if the countries where Bitcoin is closed are removed. Did I say right?

Some people really afraid if bitcoin can't reach that price. And if that thing happen, no people actually can do anything about it. If government already declare if they are ban bitcoin, only them who can make it legal again. If me, maybe what i hope bitcoin price not dumped hard in future.

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Quote from: Duzter on January 17, 2020, 04:20:17 AM

Just because of few countries banning the usage of bitcoin the growth won't get stopped or the market won't go without use. Even from the countries where the usage is officially banned the usage continues in illegal way as well as moving to other countries. This way there is nothing to worry about the growth of bitcoin. At any form of growth fluctuation continues, and we can't relate the very few number of countries banning bitcoin as the reason for the price of bitcoin.

Well, actually it has an impact, like China which banned bitcoin, but it didn't have a big impact and it also took a long time. however, bitcoin has a high price because of its development. in fact, when those countries again allow crypto, bitcoin will develop because of its function.
at this time, if you are one who does not believe that bitcoin can reach a high price, then you need to wait for it on a regular basis, such as waiting until the price of bitcoin reaches $ 9000, $ 10,000, and so on. You wouldn't expect when the price of bitcoin reaches $ 20,000.

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Quote from: Aying on January 17, 2020, 06:38:33 AM

Few countries banned bitcoin for their own reason, it didn't mean that they banned it because it won't reach that price. many countries see's bitcoin as their enemy in terms of how people use it and how people have huge benefit on it without government help and government have no more benefit to it. so the price aren't basing on countries banning bitcoin it will base on how hype is going to happen and the demand it cost.

I do not think that those country sees Bitcoin as their enemy, but rather they don't want their people to be involved in such financial revolution because they are afraid that people might patronize Bitcoin and skip their own currency and make their economy sink further. Another thing is that these government wanted to totally control the lives of their people and with Bitcoin they will fail to do so. But the thing is the leader of this country is blinded by their personal interest and did not see the possible help these crypto industry in their country.

And I do not think that these banned ever affect the price of Bitcoin, because there are more country that are willing to accept it than those who are rejecting it and this banned don't stop people in adopting Bitcoin.

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Few countries banned bitcoin for their own reason, it didn't mean that they banned it because it won't reach that price. many countries see's bitcoin as their enemy in terms of how people use it and how people have huge benefit on it without government help and government have no more benefit to it. so the price aren't basing on countries banning bitcoin it will base on how hype is going to happen and the demand it cost.

maxreish

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Are you saying bitcoin's price was affected due to the banned of Bitcoin from other country? We have a high chance to get that high price we are aiming for because of the Halving event that will gonna happen soon. Since $8k resistance was broken, another bull run will occur. Especially when halving affected the supply of bitcoin and this could be the real reason for the future pumps and not the way you have stated.

Duzter

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Just because of few countries banning the usage of bitcoin the growth won't get stopped or the market won't go without use. Even from the countries where the usage is officially banned the usage continues in illegal way as well as moving to other countries. This way there is nothing to worry about the growth of bitcoin. At any form of growth fluctuation continues, and we can't relate the very few number of countries banning bitcoin as the reason for the price of bitcoin.

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to be honest, I'm a bit strange with your statement, the price of Bitcoin basically fluctuates. And this has happened for about 10 years. And every country has its own rules to legalize crypto or not. but the rules in various countries have no relation to the price of Bitcoin I guess. and of course we will never know the predicted price of bitcoin that happens in the future.

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