Bitcoin Forum

Bitcoin has returned to the limelight in 2019 after rebounding by more than 260 percent from its cycle low of $3,126.88. The recent 30% correction however,.....read more

https://www.cryptoknowmics.com/crypto/3-reasons-why-bitcoin-could-explode-over-2019/ (https://www.cryptoknowmics.com/crypto/3-reasons-why-bitcoin-could-explode-over-2019/)

Not to mention, the entry of big financial firms such as TD Ameritrade and Fidelity Investments into the cryptocurrency space is also assisting the bitcoin’s bullish case.

Yeah i read your post.. and also checked the link that you provide.. i dnt think that these some reasons could explode the Bitcoin.. now the bitcoin has become the weekness of people..

I'm not quite sure that these financial groups are aiming to help bitcoin grow in any way; the growth of bitcoin if anything hurts the influence these institutions have. If anything, they'll try to manipulate the price and seek to have their own trading bots go at it. seeing as how bitcoin is fairly more volatile as an asset compared to most stocks, they stand to make a pretty large amount if they are able to assert any control over the price.

whenever the price increases a lot we see people commenting on possible price increases, but I agree with point 3


and this:

US CFTC Approves LedgerX’s Application for Designation As Contract Market (https://cointelegraph.com/news/us-cftc-approves-ledgerxs-application-for-designation-as-contract-market)

Bakkt Names Launch Date for Bitcoin Futures Testing (https://cointelegraph.com/news/bakkt-names-launch-date-for-bitcoin-futures-testing)

Actually it already explode and it has already been back to 5 digit mark and those reason are really good.
If you would look at it closely Bitcoin halving could really be a good reason for a huge price increase .
People would take the opportunity to get some free crypto because of this halving and for that reason the demand for Bitcoin would surely increase .
And there are also some big highlights like some well known company accepting crypto and some sorts of stuff.

when somebody put links to read it on some website, what really he want is eye balls mean traffic, most of the website about cryto is run by people who dont know even how crypto work and what scam and not as all of them said xrp will hit nice price when ironaclly with ao huge supply it will never get to there and this kind of stuff kids understand...people should stay away from this websites and stick to experts blockchain which most of the time far away from be popular'

I don't think these are the main reasons. And Bitcoin 'could explode' any moment without many reasons, since it's a mere possibility.
Halving is indeed usually associated with increasing prices, but I would also add something like increasing popularity and global recognition as well as fiat being on the edge of extinction with EU being torn apart from the inside and the US owning way too much money.
Well, this forum is for discussing news and opinions, isn't it? If one wants to share a new website and have feedback, I don't see anything wrong with that. The website has to reach the potential audience to get a chance of becoming famous, and bitcointalk is a good place to find interested people.

you are wrong most of the website are mislead people to the wrong direction its fact ask any experts in crypto space , the only way is to stick to experts blockchain and relative experts which is far away from to be popular....its facts.....you know all this webiste in one point said that xrp will hit price like 10-15 usd and some evn said it will be more then bitcoin when in fact kids know whith the huge supply of xrp it will never get there and over time will lose value....

you can read there but other who want to get to the right people dont mislead them...this guy that posted this is totally dumb from the p0st it self i know..

great guy will say helo i am expert and prove this and will say i have great website which educate people where to invest and where not and what scam and what goes around the world...

all this webiste also talk about stable coins which is huge scam ASK ANY EXPERT IN BLOCKCHAIN hhhhh but if you will ask how stable coin work and if there different types of stable coin , if it crypto coin or not and other deep question they will never able to answer you yet to make money from eyeballs and traffic they happy but they will never be great as the experts and other which help and lead people to the right direction and they know to do bunch money in the same time,

Corrections are necessary for an asset to be stable. We all know how high is the volatility of bitcoin.
It has increased drastically over a short period of time. Seeing it''s history it was kind of expected to see a minor correction in it's price before it can make the next bull run.

Halving countdown could be the most accurate of those three.

If these miners will be hoarding more just so to make more demands on the market then the price will sure shoot up without questions.
But there are also things that needs to be considered here.
Not all miners will do this.
Why? How will they pay for their electric bills? Not all have that large capital up until now to pay for it monthly.
If they want to continue then selling is one of their options.

      Well there's nothing to argue with this analysis of cryptoknowmics.com since they are also a reliable source of information and two or more analysis is better than one but I am sure there are also other  reason aside from these are mention .

Even though Bakkt is an old news now and somewhat forgotten by a lot of people, I agree that it still is one of the most anticipated events/launches in the bitcoin world. While it may not be as hyped as ever, couple it with the on-going rally and numerous positive happenings around the world, I'd say that we have a pretty good chance of making a good run in the latter half of 2019. Though of course, I wouldn't really put my hopes up for this one, but yeah, the possibility is huge.

Upcoming Bitcoin halving in the next year and industry acceptance of Bitcoin has created a favorable atmosphere for Bitcoin which has shown the upsurge in the Bitcoin price from last month and it will continue to fly till 2020.

They probably aren't, but they probably realize it's inevitable anyway, which is why they're going to enter in the first place. Either way, the end result is the same: more money in the market, and a more bullish case for investors.

The political problems between Iran and the USA might lead to another war and we know what happens when countries goes to war. The whole world goes into a panic mode and they start looking for safe havens to protect their wealth. Singapore are seeing this to with the trade wars and the uneasy relationship between China and the USA.  :P

Bitcoin is not just a safe haven, it is also a quick method to transfer large amounts of wealth over borders, when a war threatens a country. All of this has a positive impact when situations like this, force people to buy more bitcoins to protect their wealth.  ::)

On Bitcoin explosion, there are so many variations on how people view it. Some would say it has already, checking back ten years ago and now,  price value, adoption et all.
The next step would be taking it mainstream and that is already in motion with various projects already implemented and improvement proposals being considered.
This is a growth process, and if it does explode this year, there would be new targets next year.

It will continue that way, with how we see more new investment are taking place, businesses are accepting this system and they are ready to adopt, with that matters with more widely adoptions it surely comes up with high valuations, more investors and newcomers will come to this space and begin to see the potential.

We can follow the path with how bitcoin bounced early this year, and keep doing it from each time the value plummet down and rise back again and again.

Right, the increasing adoption of bitcoin and being considered a digital gold means bitcoin is here to stay and for financial institutions to survive they have to adopt it. For me, bitcoin will have a massive increase these year considering that it is still half way through the year and bitcoin price is now at a five digit mark, corrections are always there but I guess $20,000 price of bitcoin will be very possible to happen.

sure, it's more money in the market and more trade volume, but price manipulation is a very real thing, and once they learn they can manipulate the price with their billions, its just a matter of time before they start going further and further. for example, who knows if these groups arent planning their own crypto mining facilities? If bitcoin becomes big enough to seriously threaten the hold the banks have over the financial world, im sure they wouldn't have a problem finding the money to go as far as starting their own mines and attempting to start chaos in the network, possibly even go as far as a 51% attack (unlikely, but definitely possible).

It's not a matter of the financial institutions surviving; they're just testing the waters right now. Currently, bitcoin is starting to take off to the point where these institutions can't just ignore it anymore. give it time, im personally of the opinion that these institutions will try to kill bitcoin off once they deem it a threat.

One of the biggest reason why bitcoin should explode is the institutional money coming in bitcoin, one example is the Libra coin that is created by Facebook and that this the biggest achievement this year, despite it will not launch yet, and if we are talking about facebook, just imagine how big the exposure is with the big partnerships as well.

wow

Very true, but I think there are a whole lot of reasons we are yet to come to terms with, more will emerge in the coming days.

I think that this year Bitcoin will not be able to beat the new price record. But in any case, the cryptocurrency market allowed many traders to earn this year. But it is worth noting that more and more new people are coming to the cryptocurrency market.

If all the three reasons go in action, there is a chance that BTC could explode over in 2019. However, to know the top 100 Altcoin prices LIVE, click here, https://www.altcoinsidekick.com/cryptocurrency-price-comparison-tool

So you think bitcoin can explode because of international tension and maybe a War. That's not right. A war will bring a big panic to the world economic and even bitcoin will be affected by it in a negative way.
Alternatively, bitcoin will increase naturally as soon as the bitcoin adaption is increased more.

such war would be so unpredictable and may not turn out as you think. these tensions are between Iran and US right now but if a war breaks out it will suck the whole middle east and US into war first and then will suck Europe into the war too. at such a large scale i don't think people would be looking for high risk investments such as bitcoin.

Yeah yeah i know a lot about panic mode. I agree 100% with you.

For example, Venezuela right now is like Havoc or Apocalypse mode and this worked flawlessly to store value, just like any other currency from a developed country.

And it's also interesting how the fees seems expensive for us moving not so big amounts but they are a joke but the ones transferring a lot of money easily.

I think number 2 reason is not like that cause trade war between US-China, people choose safe-heaven, in this case they are preffer to buy gold. You can look how gold growing last month till now.

I think in the same way, the best way to protect from now on is with gold, investments in gold are a very smart way to invest, it is a form of diversification that is very appropriate for these times, especially with the rates of probability for some economists that the economy between 2019-2020 may crash. In fact, there are many millionaires who have exchanged their FIAT money for investments in Gold, so it is most likely that Bitcoin is a great way to protect themselves.

Institutional money will be a big factor this year or even on the early part of 2020, there are more reason to see for the price pump but it will still depend on how bitcoin behave this year. Recently we reach a new uptrend but it fades away easily, it might be the trend until next year or after the halving. Facebook coin is already a big coin because of many investors under that coin, we can watch that one because it can help bitcoin to become high on value.

I don't know, what was said on the news about Bitcoin this year, various reasons arise from predictions, analysis, etc.
What is clear for 2019 is that bitcoin has shown the highest number compared to 2018.
I hope everything will be even better for the price of bitcoin to come.

I think the difference between wars creating more panic is not really applicable for bitcoin. After all if there is a war between china and USA (not an actual war but more like an economic war instead, kind of like cold war times, no a single bullet fired but both countries suffered) then the economy of both countries will be affected but people will not move their money to bitcoin for safe haven.

Bitcoin for starters doesn't seem to get that much attention from public as a safe haven just yet, you and I know it but not billions that will be affect. Secondly china banned basically everything about crypto except maybe having some so it would be hard on that front, so what you have left is some Americans that knows bitcoin can be used as safe haven and buy bitcoins, that is a small number to make a big difference.

Bigger players entering the market and that attracts others that are going to investigate why those people are taking the jump. Sure Bitcoin got room to grow.

Lets hope the price goes up nice and steady like from august 2015 to december 2017  ;D

July 2020: 100 000$
May 2021: 280 000$

Then a 1,5 year long bear market bottoming at 50 000$

With just demand and supply we will never reach those levels.
If we don't bring and push mass adoption to the max then we will never gonna see such prices. We need real cases that will add value in our lives and make us use bitcoin.