Bitcoin Forum

CNN News says "Bitcoin could be heading to $6,000 by year-end"
I am imagining what would have been the state had we not got stuck in multiple FUDs this year.

There is true to this, considering the fact that there a a lot of good news recently, and though the Chinese are now selling all their bitcoins, those bitcoins will still be back in circulation,  there is a possibility that it might reach 6000 us by the end of the year or probably higher, since their will be an upcoming fork, and a lot would be holding by now, since we are preparing for Bitcoin to bounce back, and not only that, there is also Bitcoin gold this octorber,be so a lot of things are going on, that will contribute to the growth of bitcoin, I think we just have to wait what will happen after fork, if Bitcoin would have reached a new high by then or not, but one thing is for sure, Bitcoin will hit the 6000 us Mark.

At the begining of chinese regulation and ban thing, lots of people were very negative. Then the wind turned back to the opposite side. Now, we're sure that bitcoin will make another ATH price this year on december probably.

I THINK IT IS POSSIBLE TO HAPPEN BECAUSE THE PRICE OF BITCOIN IS IS 4200 DOLLARS . AND FOR SURE IT WILL INCREASE AGAIN MORE IN YHE NEXT FEW DAYS OR MONTHS . 6K DOLLARS WILL HAPPEN BEFORE END OF THIS YEAR BUT NOT RIGHT NOW MAYBE IN THE MONTH OF DECEMBER 2017 IT WILL HAPPEN. I HOPE THE PRICE WILL CONTINUE TO INCREASE SO WE CAN MAKR A LOT OF PROFIT.

bitcoin is a miracle so 6000 $ is not that impossible. a steadily rising bitcoin price movement has proven that bitcoin prices can make a surprise. still left 3 months to reach the end of 2017 and I am sure during that bitcoin will change. several factors such as the increasing number of bitcoin users can help increase the value of bitcoin prices in world markets.

Another great news ,now people will again start buying bitcoin and this will be another rally going up and  im pretty sure 6000$ will be achived  not by the end of the year but  within this month. And as for those trolls i think they already bought bitcoin  and just waiting for it to reach 6000$.

If no FUD came out then i would think that price could have had a pretty good shot at breaking the $10,000 barrier this year. The growth of price was only slowed by the fact that multiple bans on ICOs have occurred(both Korea and China) as well as BTCChina and Viabtc exchanges shutting down.

Still though, the bull trend seems to be with us.

If the November hard fork goes well then i think the price of btc could well go over $6k.

We actually don't know if after fork the price will increase, we don't really know anything about the bitcoin price if it could be predicted by some  people they would became rich soon, of course big bag holders and exchanges owners could do some nasty moves as MtGoX did in the past.

If we have not got stuck in multiple FUDs, maybe btc price is sitting at the predicted price right now but if not it will be significantly a better price than what it has now. Somehow, $6000 is a realistic target by the end of this year. Btc can reach it if there won't be FUDs specially those worst ones, trying to stop bitcoin's growth again in the next coming months. I hope there won't be one.

Of course, had there been no hard fork in August, the bans coming from China and the continuing press statement assaults by people who are considered to be anti-Bitcoin our beloved currency could have been hovering in the vicinity of $6,000 level right now. But then again, those challenges are the things that can make Bitcoin get so strong. As they say, what does not kill you can make you stronger and more resilient in life and the same thing is true with Bitcoin.

There would be more challenges and problem next year but am expecting that the magnitudes would be different and Bitcoin would just be smiling as it would continue its expected rise in value amid the FUD spread by people in the government and established financial institutions (though many of them would also give Bitcoin a good chance to prove itself).

URL or it didn't happen.

I don't believe CNN made any such claim. Maybe an OpEd piece, but it would still be a shock.

CNN was one of the news outlets claiming that the sky was falling and the bubble was going to burst!

We need FUDS honestly so we can take advantage of those dips. It's way more better than continous trend to test whether how strong the support is at any given price range level.

Didn't see that sayings by CNN but on the bright note, it was possible and has chances. If we have to based for the recent action last August 1st event, the same thing is expected to happened on November event . Speculations says that there will be a large pump after all was being corrected properly after that. We just have to wait and see.

I guess it if good that CNN would give out news like that but it is not just them is anticipating some pumps and price increase on bitcoin. Right now the current bignews is another Hardfork and previous made some big impact on the price earlier. And a lot of countries are now making amends on how bitcoin could positively help their economy.

i think it may be possible after all!

we have some big FUD coming on and a lot of drama which can be like the past one and cause some downtime but since all of it will end before the year ends and when it ends the price recovers fast, you can expect a big rally afterwards leading to break the $5000 at first and then go above to test the $6000 resistance.

Reaching 6000 USD this year might be difficult for Bitcoin since there is a possible hardfork this November. There is a possible dump these coming days so if there will be a bull run before the possible fork, it will be impeded and might take a while to have a bull run again. So the 6000 dollar mark might be reached on the first months of 2018.

it is possible to heading to $6k by year-end but we are now in down trend situations and we have 3 month from the year-end. if the price is not increase to $45xx and we are stuck in that price and not reaching $5k in just 2 month, then we can not see $6k in this year and maybe in next year. it is hard to see the price is increase so high after many bad news is release by some media and makes people panic. i think we need than more good news to lifted the price so we can break the barrier soon.

I would say that there's a huge possibility for Bitcoin to rach the 6000$ mark before this year end especially if the hardfork that will happen in the month of November will br successful. Knowing that the previous hardfork made Bitcoin's value to go skyrocket from 2500 up to 4400 in just a month. And if the next fork will be also successful, same thing will happen to Bitcoin's market value.

That means we should hold as all indications is tend towards upward momentum. $6,000 may be achieved before end of this months. We have witnessed alot of FUDs this year but bitcoin remain strong as in February this year we went below $800 and as at today we are above $4000. Like you said Sidharthmalhotra, The fuds create alot of damage for nothing but most of them make bitcoin become popular.

It could be heading this year has still not ended and many good news and bad news have occured after Sept 1. The bad ones are mostly for btc. There is a good pump going on daily but everything gets dumped in night.
If china decides to give regulations to exchanges and allow most of the big exchanges to function again $6k will occur by end of this year or it might close at $5-5.5k end of this year.

That's absolutely true. We need FUDs so we can take advantage on the dip. If bitcoin just continue to gain value. People can't afford bitcoin in the future. The recent dip i think it's fair because bitcoin is continues pumping from the past few months. FUDs are just a part of the game. Manipulators are trying to fool people and giving them reasons to sell their bitcoins that could cause bitcoin to crash. Now manipulators will take advantage of that to get handful of bitcoins.

I think we have seen enough FUDs. We are going to moon before the year ends. $6000 bitcoin price still achievable. We should be at that price if FUDs is not created by the manipulators. Even if they spread FUDs again, i don't think many people will buy their FUDs. I think people are aware enough for not believe on their bullshits. Im having a feeling that bitcoin will go up again. China is now allows exchnages there to operate.  I have not feel the effects yet.

If you don't feel the effect then just observe the daily situations as you won't notice price will be changing fast which you cannot even control in one blink of your eyes. FUDs or whatsoever manipulating it isn't the hindrance of bitcoin to aim for better price in the market, and with previous price changes fluctuations really is unpredictable in every situations.

That just doesn't make sense you know, even without FUD we'll be able to take advantage of the dip by simply waiting the natural pump and dump created by the market, FUDs is bad for the ecosystem and will make unstable situation for bitcoin community, therefore FUDster should gone from this cryptoworld. and if you are talking about "people can't afford btc in the future" you're really wrong, the flexibility amount of bitcoin make it affordable for everyone with every amount of money.

It would be a good Christmas present for many people who have some bitcoins to spare for the presents. Unless any major update will knock the price down making it a very sour one.

Source? If this something or sort of a hint that there's a whale that will make this happen then it will be one of another great Christmas and end of the year. Just like last year the price went close to $1,000 and by January it was able to make at $1,000. And we are now 400% increase on this time and if price will be heading $6,000 I'm already contented on seeing it there as it's new floor price.

No matter if it is true or not, if this news reaches most of the people, it for sure can be a good thing for bitcoin, because, if a fake bad news can affect the market, then a fake good news can also do that. When people hear some bad news about bitcoin (mostly new people), they panic and start selling their coins immediately which affects the market too much if the people are too many, so if they hear a good news, they might start buying in bulks, and that for sure will have a positive affect on market as well.


Obviously. If there wasn't anything like that, maybe we have already been around that mark, but just because of all FUD, we had to see a drop in the price again, and all those panic selling by people was a boost for the situation to make it even worse.

Well this is the only news that I found saying that Bitcoin could be heading to $6,000 by year-end.

https://www.msn.com/en-us/money/companies/bitcoin-could-be-heading-to-dollar6000-by-year-end-some-experts-say/vi-AAsRriP

Its a video. But its completely rubbish. Their nothing in the video that we didn't know. Its another crappy news, because bitcoin is very popular now and everybody wants to report all about the current happening on the market.

There are about 55 days in 2018, and the price of bitcoin is now at $ 4,328.0, 1672/55 =30.4.
If there is a price increase of about $ 30 per day, we can see $ 6,000 at the end of the year :)

That's a real break down done for a day. Yes one of the thing which make it possible is that is very volatile . So in a day we could see 200 - 300$ jump easily. But for this we would require some good news like some country accepting it or licensing etc which could boost the price for this last quarter of the year.

Bitcoin does not accept the-box thinking. He has no time showed us all his ability to destroy all predictions. If the necessary conditions it can reach a price of $ 6,000 for 1-2 weeks. I do not believe any predictions. What will be will be. Our little depends and we can only go with the flow.

Yes FUD is bad for several people that are just starting to earn with bitcoin and they might believe what that FUDster might say, but let's be true here we certainly get something out of that FUD they had drop and let's face it even if we certainly miss the Dip there are still a chance that we can get an earning because bitcoin is here to stay and would increase a lot in the future.

It is not unrealistic to think that this could be the case or in fact higher, I expect to see this figure for certain by the early parts of 2018 at the latest. This time next year $6k will probably look cheap.

Well that's a great news that cnn news considered bitcoin a global currency even other country are banned bitcoin it because of the reason of their own government that they don't believed on this currency see where the bitcoins now I'm stocking bitcoin because I know that after the year ends bitcoin will increase again raplidy.

Let's stay strong, and let's keep fighting the good fight against the corporate takeover. Write to all of your exchanges and wallet providers to NOT support the segwit2x hardfork or else threat them with never using their services again and telling all of your friends to do the same with your bitcoins. These bastards will not get away with this.

Here's a good read if you don't know what the hell im talking about:

https://keepingstock.net/the-corporate-takeover-attempt-of-bitcoin-eb87c18fad60

If we get past this, then $10000 is around the corner for 2k18.

I think this will only happen if the fork in the end of this month works out well, and that the miners continue supporting BTC, the original one. Even if thsi doesnt work out well, BTC has shown several times that it can rebound and get in high values.

This is good news as bitcoin is currently drawing the attention of mainstream media. We hope to even go above that price as this way the China FUD will definitely die down. I don't think we are there yet but before end of December we would be there. $6,000 will be achieved if there is going to be a next pump before end of this month.

FUD gets circulated for some time period and gets softened after certain time. With bitcoin the market prediction to reach $6000 seems realistic as it has got more time period to stabilize and grow high. Another factor is the price pumping happening close to the end of the year, till now every year end has given a price pumping and the same can be expected this time too profiting the users.

I really think that the price will be more than 6 thousand dollars before the end of the year, but it needs some time, as one of the above replies said before, we are facing a lot of days in the last days, so we can expect a lot of things in the next weeks or even months. I dont know yet, but we can see anything.
Nobody can predict the market in this times, it is so volatile.

I don't think so. To reach this goal the price must increase $1700 yet and that is a lot of progress for 2 months in my opinion. If BTC is able to reach $5000 it's already a big achievement. I think this prediction was being adopted by some people months ago when BTC was increasing really fast, they were very optimistic about it, but now that things seem more stable the scenario changed a bit.

To me such an increase is not impossible. we have seen a much higher movement than that. you can see that bitcoin is unexpected. any news can affect the bitcoin price easily. such as the news about the Chinese state that bans on bitcoin, bitcoin prices decrease by more than 1000 $ and now prices are back to normal. this is proof that we can not predict the bitcoin price. anything can happen and everything is like a miracle.

That's right, if you see more about bitcoin, the price of bitcoin determined by so many factors and news or government regulatory is such a vital thing for bitcoin market.
the market always watch the negative and positive news about bitcoin, by that they decide whether to hold or sell their bitcoin and hold or buy bitcoin too.
the whole market of bitcoin is now becoming more unpredictable unlike then.

And there are instances that bitcoin can go up by $1000 in 24 hours. Yes, predicting bitcoin price is too hard. Many other factors contributed to the price swing. Its only about $600 away from $5000 and we still have months left before the end of the year so it really possible that we can breach it once more. Its just a matter of time. This week, bitcoin have seen a highs and lows. If it remains bullish on the next coming days, no doubt that $5000-$6000 is possible.

But we don't know what the hard fork could bring in November. However, I'm still gonna stay positive and see bitcoin around $6000 or even more at the end of the year.

if from this october until december we hear many good news, then i am sure that we can reach $6k by year-end but unfortunately we are seeing the fork in november and i think the price will go down like before. there is too many news in out there and we don't know which is true and false news and its just makes people become panic. but if for $6k in the next year then the possibility is wide open as we know bitcoin price will always increase after correction price is happen.

At present we're close to the days of $4500, when the same is reached we'll go further speculating about the same to reach $5000. This continues growing with minor fluctuations which is to gain resistance. This will further make the price reach high and by the year end can expect to reach $6000 with the year end increase.

It really depends a lot on how the markets react to the November hard fork, but if it goes well then there is absolutely no reason why we cannot achieve a level as high as $6000, or potentially even more if hard fork goes well.

It's less than a 40% climb, we've seen bitcoin rise by much more than that is just 1 month's time. We've got time to work with, and if market conditions continue to develop into a bull trend then it's definitely a possibility.

Then that’s a good news, but is it enough?. Because I’m expecting much higher than that. So in the end it’s either CNN is wrong or I’m just exaggerating about bitcoin and its price.

6000$ can be achievable only this November alone so after the fork as always a bullish run of prices will be active again as the same of what happened last August. 6500$ to 7000$ is possible at the end of this year.

No matter what, we do agree or not, each opinion and speculation is good way of expressing our trust and believe on bitcoin and to is future.

I've heard something like that for the first time on CNN, so I need to get a little suspicious about it. Because it is not so common for the media to make price estimates. As a Christmas gift, we can send gifts to each other :))

It's a very nice news if bitcoin can really hit $6000 before 2017 will end, I am positive to this I know bitcoin in unpredictable but given the fact it can appreciate higher than anyone could expect. If the hard fork will not affects the appreciation in bitcoin maybe even in November bitcoin can reach $6000. anyway let's just hope and pray for the best.

I do hope it reaches $6000 by the end of year. Maybe the upcoming forks on November (Segwit2x) might hinder or just boost it in anyway. If the prices reaches a new all time high by year end we can expect a wild 1st quarter in 2018. Moreover, it's possible since most of the ICO bans, forks and FUD are being dealt with and the prices now tend to normalize on $4000-$4400 range [Price chart of September and 1st week of October].

CNN wow  that is one of the unlikely sources I expected to hear such price speculations from, and to be honest its not rocket science that we shall expect a rise towards the end of the year as most people spend the most money around this time world over

There hasn't been much speculation of the hard fork but if Bitcoin Gold (BTG) will also be an airdrop it will most likely give people extra cash to  buy assets like bitcoin from the free money. I anticipate a positive reaction from BTC in this upcoming fork.

Yes its possible, bitcoin can reach over $6k by end of this year and may be over $10k by next year. We have already seen an increase of 400% this year so it might not be hard for bitcoin to cross over $6k anytime soon. Next bull run will be supported by over speculation from people about coming hardfork on November.

I would like to point to the opposite, but I think we will crash somewhere along november, and of course, the only people to blame will be every single idiot involved in yet another hardfork scam. It happened in the past, this time may happen again. I would like to see more companies rejecting the segwit2x NYA to feel more comfortable come november, but there's still a big chunk that haven't said anything.

The hardforkers are determined and they have a big ego, they will fork no matter what happens, it all comes down to bitcoin users to contact everyone supporting S2X and telling them to drop their support. Take action if you want to avoid an unnecessary crash possibly during an ATH.

Yeah I agree with you. But let's just hope for the best that the upcoming hardfork will definitely help the price to go uptrend. But one thing is sure that FUDS are everywhere again and greediness will happen.
Yes $6000 will not far to happen if things work in what we anticipated and nothing shows up as we're now in $4400 and the bull run continues and our first quarter of 2018 will be favoring unto us.

I think more, maybe around $ 7500, even though the issue of bitcoin gold appears but the user can already tell which bitcoin and what is not. And the important thing is we have to continue invest bitcoin because the price will continue to rise.

I guess so, that's why more people followed this advice that investments of bitcoin might take long months or even years to achieve that higher value. The value of it's current price is becoming so famous as it proved a lot after that problems about splitting or whatsoever banning, but stilk bitcoin stands firm and strong.

Yes it is not possible for bitcoin to reach that amount.Bitcoin is continue to grow in the digital market. Even there is an issue in china , it can stop bitcoin to become more widen around the more. Many investor are show their interest in investing in bitcoin. And maybe that will be the reason why bitcoin will reach $6 000 by the end of the year.

I definitely agree with this. There's a huge possibility that before this year end, Bitcoin will reach the 6k mark even if without China and especially if the next hardfork will be more successful or even as successful as the previous one. The hardfork last august made Bitcoin's valu to reach 4k mark from 2800 in just few weeks. And as I've said, if the fork will be successful, same thing could happen that will make Bitcoin's value to reach 6000.

they make these predictions but do not give details of why they believe in these forecasts, the price is struggling to surpass the $5000 and these guys make predictions of $6000. it seems that they forget the events of November where I think the price will fall and even December the price will fight to stay. maybe next year is possible to reach $6000, I will say after 3 months of next year. But for this year I very much doubt that this will happen

What a reliable source you got there for predictions :D Personally I think it could exceed even more, given that Amazon is reportedly considering bitcoin payments on their platform, Chinese coming up with lighter regulations on bitcoin, and Japan coming up with some great ideas to further introduce bitcoin to its people including large business firms.. the last 2 months of this year can still bring a lot of good news and further the price movements. $6000 is attainable, and could even exceed way beyond that.

The only thing that can negatively affect the price of bitcoin in the near future is the next split that will occur in November. But, if the price of bitcoin is kept at a high level, by the end of the year we can see 6000 dollars

For me for sure bitcoin price will reach 6k dollars. So if you have extra money in your pocket its better if you invest now in bitcoin and for sure before end of this year 2017 you will earn some profit. But we dont know what actually happen if the price increase or decrease. But for sure as of now now the chances of increasing price is very high.

Uptrend still continue to make a new high levels and biggest resistance level is 10000$ for near future. Buying on uptrend sounds reasonable but smart investors always wait for bounce ;)

It is very possible that investors are waiting for the whole SegWit2x situation to resolve before buying more, or they may also be looking for an opportunity to buy cheap coins if there will be some panic during the fork. The situation was similar during SegWit activation and Bcash fork - Bitcoin had a rally to $3,000 some time before those events, then it slowed down, then there was a panic/manipulation which caused a very short lived dip and a few weeks later a new bull run started. But history doesn't always repeat itself, sometimes traders extrapolate past market reactions so the effect of similar events gets smaller.

I'm sure that by the end of the year bitcoin will touch the $ 6000 mark. The panic is over and he begins to grow again, even if there is a slight fall, then by the end of the year he will have time to recover.

Less certain but i think if we see from the movement of bitcoin prices that continue to go above $4000 there is a possible bitcoin prices could reach $6000 by the end of this year. Well hopefully it really happened, this is surely right now is the right time to start investing for us. And maybe there will be some more recent news also that will coming up and try to hold the bitcoin price going towards to higher i guess.

i am thinking the same with you and as long as there is no bad news is release, i think bitcoin can reach $5000 first and then reach $6000 in the end of the year. but i am curious what will happen in this end of the month because the fork is coming and i am sure that there will be some people that want to make bitcoin price is down because they are waiting the moment to make people panic. we should hold tight our bitcoin to not be weak hands because we don't want to regret if we sell bitcoin at the low price because of panic.

That would be possible if the next segwit2x will be successful just like the recent one which happened last month of August. The previous hardfork made the value of Bitcoin increase from 2800 upto 4000$+ in jist a short period of time. Eventhough Bitcoin is still recovering from the recent backrop, it is still possible for it to reach 6k before this year end. If same thing woukd happen in the hardfork as I've mentioned earlier.

Would be interested to know how CNN comes to that conclusion, do you have article handy?

Segwit2x successful? It can only result in a negative event. Please lookup what Segwit2x exactly is, I don't think you've got much clue. Segwit, the original proposal that has been activated in August, was the event that caused the market to increase significantly. The Segwit2x proposal is the result of an agreement by various entities to have their shot after allowing the original proposal to activate. Currently there are already a few entities having withdrawn their 'support' for Segwit2x, because they know that this is a completely unnecessary fork, and can potentially harm Bitcoin due to the influence of various malicious entities. Realistic situation is that we'll see a chain split happen, and while some people will be happy with their "free" coins, there is no positivity here.