Will we ever see 20k+ again? - page 15.

jjacob

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Quote from: Sukut on January 19, 2018, 09:04:02 PM

We all know crypto bled quite bad the past week. Because of bunch of government issues, futures contacts, unconfirmed transactions and what not... We all also know that Bitcoin is neither the fastest nor the safest crpto currency out. The 3rd generation coins are way more in demand and people are in talks of the 4th generation. I'm wondering if BTC will ever see the light of day.

Tether deposited another 400 million USD to BTC, and it's said this is the reason BTC had an upward movement. However, my perspective is a bit blurred and I can't help myself but get more pessimistic about it.

Tether is the joker in the pack, according to me. The worry about government crackdown and manipulations in the futures market will look tame if tether turns out to be a scam. Tether might provide a boost in the short term, but it poses a big risk to Bitcoin. Other than that, I think Bitcoin will continue to slowly rise in value to cross $20k sometime this year.

Javanewstar

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The Experience Layer of the Decentralized Internet

Bitcoin will break $50,000 in 2018 without fear.
The fall came as a south Korean official tried to shut down the encrypted money market, but the country did not allow it to shut down the encrypted money market.
It's a stupid thing to say, like China, always doing this stupid thing.

mikki14

full member

Activity: 299

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Quote from: soll-moll on January 19, 2018, 10:05:02 PM

For now, I think the price of BTC is unable to return to 20,000 US dollars, because the sharp drop in BTC prices, which has hit the confidence of investors, it will take a long time to recover. But I think in March 2018 may be close to 20,000 US dollars price.

I also think that BTC won't be able to hit the 20k USD mark in the first quarter of 2018. A lot of investors will wait for more upward movements before they buy bitcoin. But I'm very positive that it will definitely hit that 20k coz when the price is continuously increasing a lot of investors will rush to buy more btc that will make the price even higher.

armarsterling7

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Quote from: Sukut on January 19, 2018, 09:04:02 PM

(I'm all-in in Bitcoin for the record) I don't want to be a pessimist but I'm kinda going in to that direction.

We all know crypto bled quite bad the past week. Because of bunch of government issues, futures contacts, unconfirmed transactions and what not... We all also know that Bitcoin is neither the fastest nor the safest crpto currency out. The 3rd generation coins are way more in demand and people are in talks of the 4th generation. I'm wondering if BTC will ever see the light of day.

Tether deposited another 400 million USD to BTC, and it's said this is the reason BTC had an upward movement. However, my perspective is a bit blurred and I can't help myself but get more pessimistic about it.

When Bitcoin was around 18k, the only thing that was talked was whether it was the biggest bubble in history or not and (if it is) when it's going to burst. Now that it went up to 20k and went back down to 9k, it looks more of a bubble than not.

I'd like to hear what forum people say.

I think the rise and fall in prices of bitcoin is a volatility. You can see in the market that other altcoins are down, like bitcoin. no more.
Or you can see this is advertising for bitcoin coins. One is very fast and down very fast. Therefore, investors will think that if the price is low, buy and sell will be very profitable.
That is a very clear truth that I think most people know.

bigvito19

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Most definitely, it might reach it a little slower this time

niisarearning

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Bitcoin price correction happened and it was trading between 13 k to 15 k it was stable state but once South Korea issue started again its price reduced now market moving upward trend and seeing support level . May reach 15000 in few days.

realcrypto

member

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From all indication bitcoin will see even more than 20k+ .The people that were dumping bitcoin will difinitely rush to buy. We all know that the higher the demand the higher the price.

bololord

full member

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Judging how the rate of bitcoin value gradually rising, we can say that it is stable enough to reach 20,000 again or it might even surpass that, because chinese new year is nearing and a lot of people especially on the asian countries might spend their bitcoins for gifts and such. Basically, we have to keep our eyes on bitcoin during holidays because it is when its value will increase theoretically.

fanten

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Yes, we will see 20k+ after Chinese New Year, after this big celebration by all the Asia country. We will also see 20K+ when bitcoin fully integrate with lightning network and reduce the transaction fee in order to compete with others. 20K+ is easy. Grin

Ennudkrid

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Quote from: tienigarazz on January 20, 2018, 05:56:26 AM

The big drop of bitcoin price affects all the investors, lot of are doing panic selling, which is not good.
If you are a bitcoin lover you will not do that, just trust bitcoin. Bitcoin price rightnow is still high so tha 20k+ price is not imposible to hit.
Bitcoin is starting to become popular and this will attract more investors and the more the investors the higher the price of bitcoikln will be.
For now just relax and calm down, and wait.

True that! it is raising already so that is a good sign. But don't you think people will switch from BTC to other altcoins soon?

Reid

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We will in my opinion.
I have this view that once bitcoin have already reached a certain amount then it will come back there.
Just looking at the chart will make you think about it.
Bitcoin at young age making tgat great history and now it could be another if it did break that point.

tienigarazz

full member

Activity: 253

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The big drop of bitcoin price affects all the investors, lot of are doing panic selling, which is not good.
If you are a bitcoin lover you will not do that, just trust bitcoin. Bitcoin price rightnow is still high so tha 20k+ price is not imposible to hit.
Bitcoin is starting to become popular and this will attract more investors and the more the investors the higher the price of bitcoikln will be.
For now just relax and calm down, and wait.

Zentor

member

Activity: 378

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Stop panicking, just month has passed. Bitcoin price was overheated, he needed a correction. You can look at altcoins graph in September-November for example.

Tonygold1967

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If we look at the history of different fiat currencies we will see price frustrations, bitcoin is digital so its price also changes, there was some kind of boom, then panic, now it's gonna calm down.

coinsons

newbie

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alot of ppl predict 28k
i think we will see 20k+ again in 2018

LogitechMouse

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Nothing is impossible in bitcoin and since I am optimistic with it, I can say that it will reach 20k$ again but the question is when. When will it reach 20k$ again? No one knows but lets just wait for it to happen. Maybe it will happen by the first half of the year. Maybe the second half.

xiaohao111

jr. member

Activity: 126

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I think it's very possible, but it takes time.
What we can do is keep waiting, I don't think we'll see 20k+ in a short time.
I think this is a good time for bitcoin to fall, which is to prepare for a new height, and the more you fall, the more you bounce back.

Scorpion

hero member

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Bitcoin OG

It's only a matter of when it will be that level again, for me I'm guessing mid-February the latest. Once it recovers then we start to see surges like before, it'll just slam through $25k, $30k etc and then consolidate and correct. Please do your own research and come to your own conclusions, by no means am I giving financial advice here. Just a guy enjoying a discussion.

2taps

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Quote from: mxyzptlkof6th on January 20, 2018, 03:48:29 AM

Quote from: Sukut on January 19, 2018, 09:04:02 PM

(I'm all-in in Bitcoin for the record) I don't want to be a pessimist but I'm kinda going in to that direction.

We all know crypto bled quite bad the past week. Because of bunch of government issues, futures contacts, unconfirmed transactions and what not... We all also know that Bitcoin is neither the fastest nor the safest crpto currency out. The 3rd generation coins are way more in demand and people are in talks of the 4th generation. I'm wondering if BTC will ever see the light of day.

Tether deposited another 400 million USD to BTC, and it's said this is the reason BTC had an upward movement. However, my perspective is a bit blurred and I can't help myself but get more pessimistic about it.

When Bitcoin was around 18k, the only thing that was talked was whether it was the biggest bubble in history or not and (if it is) when it's going to burst. Now that it went up to 20k and went back down to 9k, it looks more of a bubble than not.

I'd like to hear what forum people say.

It is not a bubble. The government is just making moves to make the value of bitcoin like a bubble so that investors will stop investing. The plan is to make btc as if it was a dangerous type of currency.

I agree i also think that bitcoin will definitely reach 20k in a few months and maybe even 30k at the end of 2k18. Because the value will go up a lot because there are more investors joining in. And the lower value coins will also get more attention because of that.

Wicked17

full member

Activity: 476

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Yes of course, we all know that bitcoin is capable for a big bounce back. Its only a matter of time now when it will happen. I think it takes at least half year to get back on track. With the increasing demand of bitcoin to the investor and users, price of bitcoin will soon be at peak again.

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