Bitcoin Forum

Even in the event that the market goes down, Bitcoin remains a safer option than other cryptocurrencies. For the record, this means I am NOT selling Bitcoin at $17k anymore. In the event of a continued cryptocurrency bull run, Bitcoin is well positioned against other cryptocurrencies and could easily see $20k+ soon. What are your thoughts?

Most people seem to agree with you, but we should first get the scaling issues out of the way. The developers working on the Lightning Network, should fast track the tweeks on the system and give us the scaling we need to take this to the Moon.

A lot of merchants built with micro payment needs, cannot wait for this to be implemented. ^smile^

There are still a large number of developers that don't agree with the Lightning Network. We definitely don't have enough on board to get a majority consensus. But because LN is targeted to work off-chain, it will all come down to which merchants and bitcoin users will adapt to it. Payment channels, to me, pose a slight risk to Bitcoin, as we now have to put our trust in companies that are working offchain. They're essentially going to have to bankroll all of the transactions that happen through LN, and we have to trust that those transactions will ultimately verify with the Blockchain. And what types of companies are able to bankroll these channels? Mainly banks. LN introduces a centralized aspect to Bitcoin, and it's going to take a lot of trust by users to adopt it. I think that's always been the issue with LN, and what could potentially hold it from becoming a mainstream solution to the scaling issues.

I will say, however, that I still believe that Bitcoin has room to grow, and as the gold standard of crypto, will always hold the top position in the crypto market. At least for the duration of the rest of my lifetime. $25,000? I truly feel that we'll be there well before summer of this year.

I somewhat agree with you but not completely. Bitcoin will go even beyond 25k USD but not anytime soon. We need to take care of the scaling issue now. A lot of transactions are pending and the network fees has gone up to an insane level. That is the reason why a lot of investors are moving their funds to other technologically superior coins like ETH, Ripple or Zcash pushing their price to all time high.

The lightenting network is expected to be implemented by the first quarter of 2018 to tackle the scaling issue. Once it is done, bitcoin is expected to go higher. But at the currency situation, I will be happy if bitcoin touches 19k USD.

The problem is only time and I am sure the price above $ 25,000 is absolutely possible and this will happen in 2018. Right now if you are a long term investor, Bitcoin is always a good choice and will definitely help you make a lot of profits.

well this is still posible but I don't see it this year tho. I think that 20k$ was the all high for now and the price will just gonna bounce between prices.

Well you're right to some extent. Bitcoin is well positioned considering the market cap it has acquired and the value it has attained during the past year. But if the market goes down, there is a high probability that the price of bitcoin goes down as well. But since more and more people are investing in bitcoin, this seems highly unlikely. During the previous year it did hit the $20,000 mark. This year it is expected to go beyond that mark, considering it does not run into issues like the end of last year which pushed it down to as low as $12,000.

The developers of Lightning are bullshitting you just like they have been bullshitting you for over two years now.  Lightning is still a million miles away.  They promoted 'the first on chain Lightning transaction' with great fanfare because they need to give the community hope.  You are going to have to trust me on this if you are too fucking stupid technically to figure it all out.  However, Lightning is still a million miles away and won't be real for at least another two years.  Are you dumb?  Even SegWit is not being adopted yet.  SegWit will come way before Lightning.  But, adoption remains very low for SegWit. 

Winner, winner, chicken dinner.  Lightning goes very far against the whole principle of the white paper.  It is a total abortion that will be the sure end of bitcoin.  But don't worry, you can still buy ETH cheap.  ETH will be 20000 by the end of next year.  Mark my words.

In my opinion of $ 25,000 this is not the limit for bitcoin, most likely by the end of 18 years it will be worth it. I'm more interested in how much one Bitcoin will cost when they all get it.

$25000 ? Can bitcoin does? Its very high actually and now it is stock on last year's value already , a week with a limit movement, from $12000 to $15000. Aside there are so many coins with thousands of percentage increased over a year and not far from how bitcoin did start like ETH. I think it is the year for ETH, BCH and XMR and bitcoin will be stock on its current price.

As btc is the main crypto currency and the reserve for the others it is the most stable one and if you are not a risk taker and want profit btc is the optimum investment i believe.

Going by your post history I wouldn't trust a word you say. LOL I mean just look at your "predictions".

LOL

bitcoin has always been in the top position in the cryptocurrency market. So hold bitcoin is certainly the most secure. if you are not a trader, the long-term storage Bitcoin is the safest way. I believe that the number $25000 will come soon
Some people mention Lightning Network.  I looked through it. look at the positive side, LN helps faster transactions and will help Bitcoin price increases. however there is some risk of application LN.

Everybody is predicting that bitcoin will hit 50k $ by end of 2018, personally I whink it will hit 20k by the end of jan/feb, and it will fluctuate between 20-30k for about 6,7 months. I just think that hype alone will cary this coin.

I saw the forecast for this year BTC is to reach 55k $ at the end of the year. 25k $ should reach in July this year. We must wait for a while ...

How should we understand this? You're not selling at 17k because you're waiting for 20 to do it? Is that your big plan for your coins?

Please, let it break 20k so I can sell and fill my bed with fiat money. I'll buy myself a "bitcoin millionaire" t-shirt when i sell it all for fiat and get myself a lambo, because that's what rich people do, they buy overvalued cars... Signed: yours truly, criptogenious.

http://weknowmemes.com/wp-content/uploads/2012/08/genius-meme.jpg

Why does everyone have fear? Sell their bitcoins. It is extremely stupid now to sell it. Whales just cashing out (correction) and it is normal situation. After all, correction is an integral part of growth. In any case, bitcoin will update its price records. I think in the second half of the next year we will see huge rise of Bitcoin and we'll see 50K$ in 2018.

Bitcoin is on a good path. It's a bit slow now because of all the alts exploding and new investments going straight to alts instead of Bitcoin but it will for sure reach $25,000+ this year.

Bitcoin price increased over 10x (https://coincodex.com/crypto/bitcoin/) last year, I'm sure it can handle 2x this year :)

https://i.gyazo.com/6de41d5596190d2d410e6dae4cddd189.png (https://i.gyazo.com/6de41d5596190d2d410e6dae4cddd189.png)

Also every year there is less and less bitcoins available. That can push price even more up.
By 2040 we won't even have 1 million bitcoins available.
http://fortune.com/2017/11/25/lost-bitcoins/

I mean, we don't care if you're not selling 17k but, good for you.

Back on the 25k topic, if we think in the short-term, the only way BTC can reach 25k in the short-term is when the altcoin dump begins. We've seen altcoins getting pump to the point where prices have reached some absurd levels, and it's only a matter of time before people realize that those shitcoins they invested in have no future whatsoever, the money will flow back into bitcoin and everything will go back to normal, at least until the next altcoins bull run.

Now in the long-term, 25k sounds low if we compare the growth we saw last year.

Yes ofcourse we need to hold our BTCs,Lightning Network will soon be implemented and it will give the BTC a new start i am expecting $50k-100k this year.

Same here

Bitcoin right now to me is the safest and most logical of investments, it's still comfortably below the all time low and has had time to shake off weak hands, now it is returning to a position of strength and is likely to be one of the coins to see the biggest growth in the coming days/weeks.

There are LOTS of risks, and the price of BTC has always been beyond volatile.  However I think that it is and will remain a good choice for a storage of wealth.  Big wall street money has only just begun to come in, second half of 2017 was the beginning of wide spread adoption.  Now people who said before that it was a scam , pyramid scheme, etc, are all asking me how to set up a wallet or buy from an exchange.

I don't like making specific price predictions, mostly because I am usually wrong, but I think that unless something drastic happens we will see wall street money continue to pour in in 2018, leading to a price in the 50k range.  I don't want to be too optimistic though.

By the way, I base that number on psychological factors rather than supply demand.  Once 20k is broken I expect another price rise.  Right now we have a psychological ceiling but when that is broken people will pile in because they don't want to miss out.

Or there will be a true crash and I will get a chance to buy some more :)  but one thing I am sure of is that the price will not be stable this year.

I am sure the price above $ 25,000 + is absolutely possible and this will happen in 2018.

I feel as though the risk doesn't outweigh the reward though. Someone correct me if I'm wrong, but having instant transactions and no fees literally puts bitcoin up with the big hitters like Paypal. With the cryptocurrency aspect behind it too, I don't see why people wouldn't want to start pumping their money into BTC. The lightning network could easily solve the issues that most people have with bitcoin as a currency and influence those who refuse to invest in it. Also, as a correction to what you said, I don't think I'd say that Bitcoin is the most secure because of the high market cap. I don't think market cap really has much to do with volatility; Bitcoin can be super volatile regardless of where it ranks in the market caps.

  Bitcoin is set for $100,000 price tag by December 2018. No matter the downward trend of Bitcoin price
  at the moment, there is every assurance that it will spike up very soon at the moment.

Yes, of course, I agree with you, bitcoin is still a major and safer cryptocurrency to invest in as the trend and momentum running here is still in stable conditions which can be viewed in the bitcoin price charts. I believe that bitcoin price charts showing that it's time enter in the market because the bottom has been completed and now it is the time for the bulls to start their rally and you can expect to see another new record high soon by this month ends. Just go forward for buying and then hold it for the target of new record high somewhere around 25k.

If you are ok with this price means,you can go head to sell your bitcoin.
But you need some more dollars for just holding means,hold till it reaches maximum.Since now the price of bitcoin is stabled at 16800$,the price of bitcoin will reach 25,000$ soon and followed by 20,000$.Don't sell your bitcoin with panic.

to all you people talking about the lightning network and other upgrades....

should be good to remind you that most investors barely understands what the word blockchain even mean !

also a market can continue to rise and rise beyond any reasonable and rational thinking, it just depends on the hype,

and also it depends on all of the institutions pouring monney into it.


free market crypto currencies basically are a new revolution, but a one way revolution, there is no come back.

if the money flows out of crypto markets,... it means an other revolution happened, and the money will flow from revolution number 1 to revolution number 2.

for now there is no revolution number 2. so bitcoin will keep rising.

Technically speaking that bitcoin is the safest crypto currencies that we have right now, imagine bitcoin already have the longest year and still standing cryptocurrencies that we have,  I believe bitcoin can reach this $20,000 and plus value, people will have high demand so that the rate will go higher and higher. 2018 will be one of the best year to all bitcoin holders.

Bitcoin is losing the majority of its functions by slowly succumbing to the exploitation it is being subjected too.

If this trend continues, there is no way Bitcoin will hit 25k ever.

What real-use cases does bitcoin have right now? Unless you are made of money, and have a lot of spare time, you can't even send it anywhere without a hefty fee and long wait.

I like the run that bitcoin is currently on. The late December correction was expected and now bitcoin is slowly going back to its all time high of $20k. Bitcoin will easily hit $25k in no time.

Bitcoin is really amazing because no matter how negative people think about it, its always bouncing back and proving that its worth investing for. Bitcoin will makes new rich people this year, the prediction price for this is really possible so you better invest early to gain more profit, 30$ this year is reachable and can go even higher.

I am 100% sure that this year will reach that number but can not guarantee in the near future but surely this year I am sure to reach it even though at the end of the year, why am I sure? because I see a lot of people who are currently interested in cryptocurrency is mainly bitcoin

It can reach it pretty soon if they will solve some current ongoing issues (fees, ...).

Bitcoin is going up and down this first week of 2018, now slowly going up a little to 16K. It will not reach 20K as fast as it did before, because of the issues that still exist. So this slows down the increase. Eventually it will rise to 30K in March, but the transaction problems must be solved first.

Hello all! I am new here but its looks like one and the same question which never changes! Pump or dump of bitcoin! Really interesting I love it but its still too expensive for me and a lot of another people! Hope all we get good profit!!! Best wishes and good investments to all of us!

Sooner or later it will difinately reache the amount you mentioned due to the demand on bitcoins this coming months after the holidays we just experienced. Bitcoin is expected to reach and surpass $20k barrier this year and might get doubled by the end of this year and that thought alone makes me want to hold my bitcoin even longer.

can reach this amount, but as many have already said these high transaction fees are being annoying, the other day I paid $70 in total just to be able to transfer  $350 to my bank account, another question is that for people living in poor countries as my country we do not have and we do not even dream in one day to have bitcoin ATM what would be very easy for me to spend my bitcoin.

I think there's still a lot of things to do... The more the price goes up, the more we need the simpler ways for all people who own bicoin to spend their bitcoin in real life.


this is increasing very slow because there is no big news to boost the price

I think with bitcoin everythingvis possible to happen even if it sounds that some predictions are too ambitious but in some point it become real and every body gets amazed. I will not contradict nor agree with any predictions because I know what are the capabilities of bitcoin when it comes to value appreciation so I just wait and see whats gonna happen next

Soon the market will reach 1 trillion. Why wouldn't people just put more money into bitcoin, they are used to see it having above 50% of the market cap, now it has around 36-40%. There is still room.

I think 25k is possible by maybe mid 2018 - but theres so much uncertainty at the moment. A lot of people are ignoring btc and going into altcoins whihc have greater gains

With the next push it can go cross the 20K mark, and then I believe it can go to 25k or more.

It could be 25k in the first quarter maybe. It sucks for people wanting to mine who use btc to pay because you might make more holding who knows. I really think that 100k is really possible and reachable and it will get there. Bitcoin is here to stay but it really needs to have much lower fees. That is my only issue I have with it. Oh and yes I do use a sigwet wallet.

Я дyмaю, щo бiткoїн швидкo, дo poкy чacy,  нaбepe пoзнaчкy 25тиc. i нa цьoмy нe зyпинитьcя, зpocтe дaлi.