Will Bitcoin Get Its First Price? - page 2.

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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?

All crypto-currency have volatility, so bitcoin isn't different. I am assuming price won't touch $20K on this year, but just remember, anything could happen. Just need another revolution to cross previous all time high. But current rally isn't indicating to touch ATH at the moment. More new investors should join to bitcoin community somehow to make a revolution again. To be honest, bitcoin much more popular to community for that's volatility, and it will remain.

Regarding country those are banned bitcoin, actually they are worried about their centralized system. Volatility isn't much problem in my opinion. Governments always will try to control everything especially if related with money. You can see most of worldwide governments allow centralized online fiat currency like skrill. But their main problem is decentralized system because that's out of control from some organisations. And it's true if they unban bitcoin then we would see that reflection on bitcoin. Price would go up that we didn't imagined before. Let's hope some days we will see that worldwide governments unbanned bitcoin.

Dart18

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No, it may not really get to that point of ATH back then.
20k may become absurd to the looks of the government and this could cause mayhem in the financial field.

If it does, then it might be another error, brace yourself for another "correction" word that will be non stop for every post that a user will make.
12k should be enough and it is still considered right.
We already made that number and it took long before it goes down to this again.

vicoma

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The only country which is Banagadelish has nothing to the in the instance of the price movement of Bitcoin. It is clear that it is unstoppable and no government can totally ban it as people will use other means to trade it anonymously.

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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?

I think some of reason is because of that, government when make bitcoin illegal, maybe it wouldn't really affect for who involved in bitcoin. But new people can make big difference because with new people that know bitcoin is a good thing,they can create new demands and it can make bitcoin price possibly reach new ATH.

Swordsoffreedom

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Today investors are more aware of risks associated with investing in cryptocurrency that’s why crypto market is mature as compared to 2017. China has banned crypto exchanges and crypto crowd funding but still bitcoin exists and is going up. Government ban are there but they are not having much impact on bitcoin price.

Hallmader

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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?

I believe that the strength of Bitcoin is still there despite the bans that it suffers from a few countries. That $20,000 ATH could still be reached once again even if those countries banning Bitcoin will not lift the bans. Bitcoin is growing even if there are governments that are obviously against it. What is important is that the people appreciate it.

karanggatak

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I don't think the ban on bitcoin in a country will have a big impact on the price of bitcoin. We know that there have been a number of countries which have stated that they prohibit the use of bitcoin in their countries such as China and Bangladesh. but bitcoin can still pump high even though there are some countries that reject bitcoin. I'm optimistic that bitcoin can reach a price of $ 20k, we just need to be patient and wait.

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Quote from: jhonjhon on January 16, 2020, 09:06:24 PM

Bitcoin price has been going up and down ever since so you should already know atleast the best thing to do in that situation and anyone can say the won't go to $20,000 or what but come on we already hear all that speculations but let me ask you, that many you are referring to are they reliable sources that you can rely on? As investor you should know better don't get dependent on someone else's opinion because you might just regret it.

The roller coaster movement of bitcoin is very undesirable to see, while our crypto market seems to have resistive growth. Don't bear in mind for that higher price of $20k per btc, because the history can prove itself once we're going near on that value. That's very important for us as an investor to have a strong principles on our decision making, and being dependent is only good for those who just having their first time. Experienced holders won't take no assurance, but always prefer secured asset.

jhonjhon

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Bitcoin price has been going up and down ever since so you should already know atleast the best thing to do in that situation and anyone can say the won't go to $20,000 or what but come on we already hear all that speculations but let me ask you, that many you are referring to are they reliable sources that you can rely on? As investor you should know better don't get dependent on someone else's opinion because you might just regret 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.

Is this new?

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

Many are saying that the price of Bitcoin cannot reach $ 20,000 now.

People have different views about bitcoin's future. Anyone can say their own opinion, speculations, predictions, etc. about the possibility of bitcoin reaching again the $20,000 floor.

It's now up to us if you will buy those claims or not.

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

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?

Bitcoin can move forward even there are countries banning it. If I'm not mistaken, the list of countries before who already ban bitcoin way a long time now doesn't change at all with no additional country implementing a ban. Don't mind those countries who banned it but look at some big countries recognizing bitcoin as legal.

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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?

By "locked" you mean usage of bitcoin being illegal/banned right? Well, those countries can actually pass laws to make usage of crypto currencies illegal, but they won't be able to stop the people. It is like pirating movies, games, software and digital contents. These stuffs have been made illegal, but people are still managing to do it through p2p torrenting. Similarly, countries have made usage of bitcoin illegal, but I bet most of the people over there who knows about crypto currencies are still using it. If every countries actually make the usage illegal, the price might start to rise, but it won't skyrocket.

1Referee

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Quote from: Arkann on January 16, 2020, 01:52:12 PM

and this in turn will not change the basic principles of a decentralized asset.

It does not change the basic principles of its decentralization, but it will make new people a bit too confident in what legacy financial institutions offer as service. They will buy their coins through their bank, store their coins there, borrow, etc. It's very convenient, but also very sad to see happen because that goes against what Bitcoin stands for.

A lot of the people entering crypto do not even have their own wallet. All they know is buy/sell and send coins from one exchange to another and that's it. What has this to do with Bitcoin's decentralization? It will get much worse when actual banks are entering the space and outcompete the current crypto exchanges. It's done quite easily, especially if the bank closes the bank accounts of exchanges. Without bank accounts you can't onboard users.

vintages

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I am guessing 'banned' or 'restriction' is what you meant. Bitcoin price increase may happen if the ban placed on it is removed though it can still reach 20k even if this ban is still there.
If there is more awareness on countries who don't know what cryptocurrency and Bitcoin is, then that price can be met and even cross it.

Arkann

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Quote from: Mihaylovic on January 16, 2020, 03:53:39 AM

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?

i don't agree. Bitcoin is something that supports decentralization. If governments would support bitcoin, it would conflict with interest of all crypto ecosystem. Bitcoin will gain more power fighting against all centralized authorities.

The fact is that the legalization of cryptocurrency does not mean complete control. The most important thing is that states recognize cryptocurrency as a digital asset, a means of payment and a means of investment, and this in turn will not change the basic principles of a decentralized asset.

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Quote from: Yaunfitda on January 15, 2020, 06:15:34 AM

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.

Nah. There are also people saying that bitcoin won't reach $20,000, but they're all wrong because in 2017 we have almost reach that price. So don't believed those so called experts here.

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

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?

Don't you worry about countries that locked bitcoin. What you should be worry is how much you're going to profit once we reach another ATH in the next couple of years.

You are the right price will again be high but it’s rising faster now so those countries who ban bitcoin will lose good technology like bitcoin. There is nothing bad with bitcoin itself but for people because all around the world so many countries are adopting it and it will remain no one forever. It falls for a temporary time period and then recovers so there is nothing bad if at someplace the price falls.

bitcampaign

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isn't that normal and good, unlike yesterday's BSV rose above the price above normal people's minds even looks abnormal, bitcoin prices go up and down it looks like it's the same as stocks or fiat currencies and gold also fluctuates so there's nothing different that's normal, the price of $ 20 k is not easy to achieve in the near future but at least it is in the process, at least out of $ 10k it is more than enough at the beginning of the year, speaking of any country that blocks bitcoin, they will not at all or be able to stop bitcoin, just let them block and we see in the end they will use technology and make crypto currencies for their own country, funny

Mihaylovic

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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?

i don't agree. Bitcoin is something that supports decentralization. If governments would support bitcoin, it would conflict with interest of all crypto ecosystem. Bitcoin will gain more power fighting against all centralized authorities.

shoreno

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what do you mean by first price ? you mean first all time high / highest price for the first time ? today or these days rather , btc price is now doing well and mainly it only move up therfor the hope for 20k this year is now on again . you mean being volatile is the reason why btc is locked up on other countries ? no it isnt the reason . but it is not also the reason on why bitcoin will be stagnant forever . still btc price has a potential to move up even if limted countries only supports it .

Ridwan Fauzi

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Quote from: yulionoo on January 15, 2020, 11:44:10 PM

Quote from: MURONDI on January 14, 2020, 11:49:14 PM

to reach $ 20,000 requires a process, countries that ban bitcoin are only a small part, in my opinion it won't affect the price too much, who plays the price of bitcoin is not a country but a big trader, there are more entrepreneurs who support bitcoin than those who reject it, I'm sure bitcoin can reach $ 20,000 but all that requires process.

yes I agree with you countries that reject bitcoin will not affect the price of bitcoin. and if we see today more and more countries and companies are willing to accept bitcoin and also support blockchain technology. bitcoin users and investors are also growing. so I'm optimistic that bitcoin can reach the price of $ 20,000 we just need to wait and be patient. because it might take a time for bitcoin to reach $ 20,000.

Where have you been mate? As far as I know bitcoin price will fall when there is some countries who try to ban bitcoin and bitcoin price will increase when there is some countriea who try to accept and implemented bitcoin as a legal transaction in their country.

That thing will push the people to decide buy or sell. And as you may know that bitcoin price is depend on supply and demand which mean if the people believe that bitcoin is being accepted by a country then they will free to use it and their worried will go away so they will buy bitcoin and otherwise. So, I'm sure that the regulation especially from the government will give a big affect for bitcoin price.

Wysi

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I don't think any other country apart from Bangladesh has banned bitcoin and taken such severe action lke Bangladesh government did and with the ban in just one country will not have any effect on bitcoin, If you look at the forum you will see Bangladeshis have prospered in this domain and many of them are managing campaigns in this forum. Yes at this particular time we cannot predict if bitcoin will reach the value of $20k or not but we are heading in the right direction.

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