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.

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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.

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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.

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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.

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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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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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

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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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Towards $ 20,000 is not because the country is closing access to bitcoin. Market behavior is not based on the will of the country concerned.
There are many investors who want to carry out buying and selling activities in the market to change the price situation.
Countries only impact on the issue of adoption, countries that prohibit bitcoin less than countries that allow. So it is not a serious problem.

Darker45

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Quote from: Divinespark on January 15, 2020, 08:53:35 AM

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.

I agree with you. Although the government banned bitcoin, people in Bangladesh still use it and trade every day, I have a lot of friends in Bangladesh and in their country bitcoin and cryptocurrency are very popular, most people in them know to bitcoin. Government can ban it but they can't stop it thoroughly, there are many different ways people can use and invest in this market.

Well, thanks for confirming. I have also read the same confirmation regarding the old issue of Bitcoin ban in China. That was the time when the issue was hot and then all of a sudden I read of someone who is really there at the heart of the implementation and he/she was saying that the use and trade of Bitcoin is still very much alive in there.

National borders at this point in time of our technological advancement have been made very porous by the internet. The online world has taken down hard walls that used to effectively isolate people from the rest of the world. Bitcoin is one of the technologies that allow people to act and transact as if the world is one single community. Such bans are not anymore effective.

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?

If we level the playing field, make the rules of the game fair, Bitcoin will definitely win. If we only let each and every citizen of the world freely decide and choose which currency they will use, I am 100% sure fiat will terribly lose.

yulionoo

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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.

Rasa nanas

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I don't understand what you mean, what do you mean by locked bitcoin? bitcoin is prohibited if used as a means of payment, but is not prohibited if used as a digital asset. those are two different things

no one knows the future of bitcoin, the opportunity to return to reach $ 20k is still wide open. even bitcoin can go beyond that Wink

keyscore44

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Only countries that manipulate the supply of their money are afraid of Bitcoin. Because the Bitcoin supply cannot be manipulated. Printing money around the world is normal, so nobody wants Bitcoin. I think that difficulties will continue to appear, but technological development is unstopable. It's like someone wants to stop the internet. Just as the internet is blocked in China or Korea. Bitcoin will become common whether individual countries want it or not. It is like trying to stop the river with a stick.

kro55

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There will be more bans to come on bitcoin with the passage of time. With the popularity of bitcoin more strict regulations will be introduced by governments. It’s the community that is driving the price of bitcoin neither the governments nor central banks. Even with current ban Bitcoin is fluctuating between high and low, let’s see when it will cross it ATH.

bassbity

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Quote from: Divinespark on January 15, 2020, 08:53:35 AM

I agree with you. Although the government banned bitcoin, people in Bangladesh still use it and trade every day, I have a lot of friends in Bangladesh and in their country bitcoin and cryptocurrency are very popular, most people in them know to bitcoin. Government can ban it but they can't stop it thoroughly, there are many different ways people can use and invest in this market.

Bitcoin transactions are difficult to stop even though there is already a ban from the government, they can still take part in bitcoin investments, because trading with bitcoin does not have to go through the government like other banks so prevention from this government is ignored.
Over time the country will recognize bitcoin is the modern digital currency most used by many people in the world.

Divinespark

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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.

I agree with you. Although the government banned bitcoin, people in Bangladesh still use it and trade every day, I have a lot of friends in Bangladesh and in their country bitcoin and cryptocurrency are very popular, most people in them know to bitcoin. Government can ban it but they can't stop it thoroughly, there are many different ways people can use and invest in this market.

Chrystora123

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Omicron is another FUD

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?

when it was first circulated the price of Bitcoin was under $ 1, and a few years later precisely in early 2018, Bitcoin reached the highest price of $ 19k. every year there must be a big issue affecting the price of Bitcoin, but that won't be able to kill Bitcoin, those issues only affect the price of Bitcoin for a while.. countries which Banned Bitcoin only make the price of Bitcoin move down temporarily but not forever, so don't worry about the future of Bitcoin, the price of Bitcoin will continue to rise even more than $ 20k because Bitcoin is moving independently.

sunsilk

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It was also said that bitcoin cannot reach $10,000 and other high prices so basically those opinions were basing to the current price but don't see the possible future price of bitcoin. What do you mean by locked? banned in several countries?

Despite of the banning of those countries for bitcoin, it wouldn't impact that much for now even they will lift up the ban. It's okay if there are countries that doesn't like bitcoin and also implemented a total ban for it. Whether they are with us or not, bitcoin will continue to the peak with its journey.

Yaunfitda

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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.

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.

btc_angela

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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 more countries that regulate or accept bitcoin as payment system as compare to those who have banned it. As for the price reaching another all time high, only time can tell. But since bitcoin has become a speculative assets, people are still hoping that we can even surpass $20k with countries banning it. And for those countries, they're going to be left out in the closet, when this technology take centre stage in the next 5 years.

Reid

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I hope not.
I am not against those who want their ROI back after buying at ATH.
It is just that, it is also for securing bitcoin.

Jumping to higher number could mean a lot of questions from many financial services out there.
They will throw anything even if there is no facts to back it up. Just mere spreading bad news about bitcoin and it ain't good.
I think we have all seen that already.
The slow and steady state will still be the better one.
$12k should be enough. Just going back to where it had been last August.

bassbity

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Maybe there should be a lot more requests about new bitcoin can reach the price of $ 20000 but it takes time because reaching 20k is so high that the hype must really exist.
We will soon face halving and maybe next month bitcoin has reached 10k-15kusd so reaching 20k will be easily redeemed with a good pump.

Johnyz

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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?

Bitcoin banned in some countries for some reason, it wont last and if they lift the banned then we might see the best price again but there’s no guaranteed on that. There are some countries who banned bitcoin while we are beyond $20k before and maybe we don’t need that country at all and still bitcoin can go up despite of that. Bitcoin should grow and that’s the best way to escape the bear market.

$crypto$

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It could happen that bitcoin could reach $20,000 in the near future but I think there is no influence on some countries because it prohibits bitcoin in their own country because some countries have accepted bitcoin and that many have done that.
Bitcoin will keep going up but I don't know when it will reach the highest price like BSV which is sure bitcoin has started well this year.

ultrloa

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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?

Bitcoin reached at $20000 level eventhough there are countries and big entities banned it from using at their countries and sites so there's no wonder that we can possibly reach unto that price if the market hype will continue to rise up these year, we have halving that most been awaited and I think it's enough for people to see that it's good development to come up with a good price reaction.

BitcoinHunt3r

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At first i think "first price" means it's price when first entered market. But for $20000 i think it can be possibly happen, but maybe need time, especially if something that we're not expected happen like halving not make bitcoin price pumped. Will need it hyped with other things to make people start to buy bitcoin again.

maydna

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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 bitcoin can reach $20,000, but it is not happening in the short term, but it will happen in the long term. We cannot expect that bitcoin can reach that price this month because no one will know when it will happen. All we can do now is try to have more bitcoin so we can be ready for the rise of bitcoin price. Although some countries ban bitcoin, I am sure that will not have a big impact on the price, and the price will increase if the time comes. That countries which ban bitcoin will realize that they make a wrong decision to ban bitcoin, soon or later, they will lift the ban, and they will allow their people to use bitcoin.

Free1bitco.in

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fluctuation is not a reason to close bitcoin, but the number of people who turn to bitcoin is one of the reasons why there is a lot of disagreement with bitcoin. in the current price flashes, this has often happened every year, it's just that prices above $ 15k are really high prices for now. however, there is still some increase needed by bitcoin to reach the price of $ 20k, and the increase that is happening right now is a fairly normal increase and often happens every year.

ufaiz50

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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?

What do you mean "reason" is the level of cryptocurrency fluctuation? I don't think that's the reason why bitcoin is 'locked' or 'banned'. As I know crypto is banned more because of their government's mistrust of cryptocurrency and identified many frauds that can occur. https://news.bitcoin.com/bangladesh-authorities-hunt-bitcoin-traders/

I personally think that the value of crypto can indeed be influenced by a number of things such as prohibition because this kind of automatic impact can make users think poorly of the cryptocurrency itself, because cryptocurrency is decentral so anesthetically many events can be fundamental to the value of cryptocurrency.

sovie

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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?

When bitcoin reached its first ATH, it was not known to many and strict regulations came after that ATH was reached. Even with the ban bitcoin can go up and cross its ATH of 20,000$. If one is certain that bitoin will cross its ATH, then he must not waste time in buying the bitcoin at current time. We only jump in when price goes up and ignore bitcoin when its down.

amacar2

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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 by closed you mean banned.

Only few countries has fully banned the use of bitcoin but there are bunch of countries that have banned the exchange of bitcoin with local fiat. If people cant buy bitcoin with their local currency its hard to increase adoption and the price of bitcoin.

Real adoption is coming which will boost the price beyond all time high 20,000. Only the real holder will win in bitcoin rally, dont get greedy and dont get into fomo. These are ultimate rule to get rich with any type of investment including bitcoin.

mk4

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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.

You mean, pretty much how bitcoin has been since it's inception?

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

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

The last thing you want to do is to listen to those so called "analysts".

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

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?

Bitcoin's "price in it's true state" is it's current price, even if it's banned in some countries. In fact, these bitcoin-banned countries still has effects in bitcoin's price, because they're still going to be able to buy bitcoin anyway, just not on centralized exchanges, but mostly peer-to-peer in-person transactions and probably on decentralized exchanges like Bisq.

Polar91

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If the reason why government banned bitcoin is its volatility, the reason is quite not appropriate. Legal jurisdiction of the country shoukd be considered because we all know bitcoin is an investment platform, Meaning to say that volatility is quite normal.

I rather consider illegal usage of bitcoin to be more appropriate reason to ban bitcoin. Moving on, with the price reaching awesome heights, this could not be a good start for newbies but considerably profitable for those who have a huge hold of bitcoin.

smartbitcoininvestor

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There are only a few million bitcoin wallets in existence. It doesn't matter which country they originate from so if we can increase the number of users of bitcoin then I think the price will go up.

Ozero

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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?

We do not need to pay attention to the dozen secondary states with an authoritarian form of government where bitcoin and other cryptocurrencies are now prohibited. The main thing is that the whole civilized world is still normal about cryptocurrency. Everything has its time. Now it is necessary that a decentralized cryptocurrency occupy its niche in society as a means of payment and continue to develop. This year, a massive appearance of national stable coins of various states is expected, and this circumstance may change the existing ratio in the financial market.

MURONDI

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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.

Darker45

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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.

pooya87

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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.

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.

aliijaz12560

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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?

Topic: Will Bitcoin Get Its First Price? (Read 619 times)