Bitcoin Forum

From the beginning of the year, bitcoin started with around $1,000 and it is about $17,400 now. Analysts have been busy trying to give reasons why bitcoin has continued to rise all these while not minding the kicks and attack it has been getting from different world personalities and countries. Having proved many financial pundits wrong all these while, it makes one believe that bitcoin is actually unstoppable.

Do you think that bitcoin will break another record of reaching $20,000 before the end of the year?

Just a few days ago on one of the exchanges it was trading at $22k, get a life, $20k btc, done that been there, :)

I will regret that I didn't buy bitcoin in 2013, when I have read about it first time. And will tell everyone that it is pyramid and scheme Ponzi :)

P.S: I won't do that, but $ 20,000 is too much. In my opinion, even $ 3000-5000 is too high for digital currency.

People are somehow sure that it will hit $20,000 before the end of the year and I think it already did in other exchanges but the question that we need to ask ourselves is whether it will have the steam to stay on that price range. That price is somehow a psychological resistance to the community and many of the traders will post their sell orders on that area. It is very likely that we will surpass that area and once it happens, a new bull run of BTC is very inevitable.

it’s break it before . now demand pumping price.

price is so expensive hope to have some crash soon

"Crash soon", not sure about this, we had a correction already a few days ago.
I'm not sure however we'll go to 20k$ before the end of the year. Price is quite stable now.

Very simple. Price right now is $17.5K.
Given BTC's historical variance, it's very easy for it to touch +/- 20% within one week.

The sudden price growth was probably from the people that just heard about Bitcoin through the news.

my prediction if not reach 20,000usd before end of this year maybe reach that price value of bitcoin in the second to third week of January 2018, correct base on my observation the continuation or bitcoin hyip price in the market nobody can control how to stop to increase.

Hello author! You know that it's no matter how much will be price of bitcoin! I can say to you that never it will happen when all of us here will have bitcoin over 100000$ because can you imagine all people become rich who will allow it? Government? No any control? all are rich and happy and without any control?) Yes, Yes)I think its only for some people!

In addition to what you said mate. Bitcoin is know for it ridiculous pump in price when it almost new year and this happen last year and upper year. You can cross check the price pie chart to confirm that if I'm saying the truth.

A sell price means nothing, just fools and their money. It is the buy price that matters. And that hit ATH at 17.4K today.

Normally I'd say $20K was reaching a bit except with the $2,000 swing days it might just happen in a few days. We are in uncharted territory.

The main reason that made me think that Bitcoin will reach $20,000 before the end of 2017 is its crazy Value which is increasing constantly especially in these three last months, i still believe in this Prediction but i know that it is will 100%  happen.

I absolutely 100% did not expect this price action to happen. Reaching $1000 again was excitement enough for me. My mind has been blown. I don't remember many people making predictions this big other than the usual dreamers.

The 1000USD mark was a big deal. But every 1000 after that is a smaller percentage.

We can hit 20k on a random bump in the road at this point. After all, it's one hell of a bumpy road.

his course, I thought that buying for 8500 is stupid, but when my friend was forced to leave the USDT in bitcoin at such a price and now he is already 15,000, then it does not seem difficult than that) look at the chart and the question disappears by itself!

you can not find reason before the rise, you can then associate reasons with the rise after it already happened. that is a huge difference.

in January 2017 nobody could ever know that Japan is going to adopt bitcoin as a currency and then after they did nobody could imagine they also would remove taxes on bitcoin payments. these two combined led to a big movement around the world where other countries started doing similar things. apart from that it gave bitcoin some legitimacy that it didn't have in the eyes of many.
increased adoption led to increased speed of the rise and price reached $5000ish. the rise on its own brings more investors who have been left behind so price continued rising to $8000

then bitcoin hit mainstream adoption in US when CME and NASDAQ started adopting bitcoin against all odds. the meant a million new users sign up in 2 days on Coinbase to buy bitcoin and that is still growing.
again increased adoption led to increased rising speed which then broke $10,000 and other ATHs all the way to $19,000

we may not see $20,000 by the end of 2017 but it certainly is not far. it will be reached in a month or so.

Perhaps more than $ 20,000, because he entered the bourse and its users a lot

There is a chance. It is already hovering around the $17K mark and another 18% rise is needed to reach the 20K mark. There will be a spike next week, when CME lists Bitcoin futures. But the real movement will come if a Bitcoin ETF wins approval from the SEC. From what I have heard, 2-3 different ETFs are about to file their applications, and this time the chances look much brighter.

It's almost 20k already... but my guess is that it'll hit that sometime in Q1 2018 and not before the end of the year. A lot of ALTS are rising now on account of people selling, because BTC network had gotten really congested.

Since in the starting when I seen this thread then I thought that it cannot be truth , since the price touched to 1700$ already but still  high of 20000$ was really big Because  no reason was there to increase in price , but now I seen that many reasons are jumping t increase price of bitcoin ( like new USA exchange  altcoins dumping market ) , are tending  increase in price of bitcoin more than 20000$ clearly ,and I think it is going to break new record because currently price is again increasing more rapidly than what we can expect .
And if it will cross this price range ( surely will cross in this year ) then I will make lots of money without doing anything 8)

Merely observing the pattern will lead us to that feasible conclusion that yes; bitcoin might drastically increase its value again. However, now that it is December, it seems like that will be done next year instead.

The rise in value was expected by users. It would be a matter of time if it will continue rising in value or if there will be a drop.

The price of Bitcoin can be very unpredictable that the price can even exceed $20,000 by the end of this year, or perhaps fall down to its lowest peak.