Bitcoin Forum

Economy => Speculation => Topic started by: Atomise on October 28, 2017, 07:38:00 AM



Title: Why bitcoin can never go past $7000
Post by: Atomise on October 28, 2017, 07:38:00 AM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point


Title: Re: Why bitcoin can never go past $7000
Post by: EXtremeAEX on October 28, 2017, 07:51:24 AM
But thats the exact same thing people said when the price was about the break the 2500$ barrier... It depends on how you want to see it, but Bitcoin is unpredictable, and for that you can never really say what would its ending price be.

Bitcoin is still fairly new to some, so I believe there is still room for growth. :)


Title: Re: Why bitcoin can never go past $7000
Post by: audaciousbeing on October 28, 2017, 08:09:36 AM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price.

I was expecting to read more reasons backed with analytical evidence even if its historical to support this your argument but no I didn't get but only about the decreasing volatility which to me is just normal. If you really understand the way bitcoin price works you will realise that at any point in time, there is always a calm or stagnant period which is what is being witnessed. This stagnant period can sometimes take a short number of days or sometimes weeks unless something big happens to either push the price higher or lower, we expect to be within range.

The price will go about the range you talking about if the BTG issue that didn't get the amount of coverage could get price to this range, I expect the upcoming one in November to do more than this and it's possible.


Title: Re: Why bitcoin can never go past $7000
Post by: azaid18 on October 28, 2017, 08:11:40 AM
because the traders wont get profit when they make the price of bitcoin to 7000 us dollars. That is the way of having profit slowly going up and down.


Title: Re: Why bitcoin can never go past $7000
Post by: Atomise on October 28, 2017, 08:15:31 AM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price.

I was expecting to read more reasons backed with analytical evidence even if its historical to support this your argument but no I didn't get but only about the decreasing volatility which to me is just normal. If you really understand the way bitcoin price works you will realise that at any point in time, there is always a calm or stagnant period which is what is being witnessed. This stagnant period can sometimes take a short number of days or sometimes weeks unless something big happens to either push the price higher or lower, we expect to be within range.

The price will go about the range you talking about if the BTG issue that didn't get the amount of coverage could get price to this range, I expect the upcoming one in November to do more than this and it's possible.

This was just meant to be a short post, but my conclusion is just based on an obvious truth. That decreasing volatility = less price movements


Title: Re: Why bitcoin can never go past $7000
Post by: Bittoshi on October 28, 2017, 08:16:34 AM
Higher prices atract more people who want to buy. Thus, hodlers sell for higher prices. It's some kind of pyramid/snaowball effect but it's basically the same with gold and other assets. Volatility can easil rise up when more and more money reaches the market.


Title: Re: Why bitcoin can never go past $7000
Post by: bitfools on October 28, 2017, 08:22:40 AM
But thats the exact same thing people said when the price was about the break the 2500$ barrier... It depends on how you want to see it, but Bitcoin is unpredictable, and for that you can never really say what would its ending price be.

Bitcoin is still fairly new to some, so I believe there is still room for growth. :)

If you don't FUCK the golden goose, sure BTC can go to $100k, or higher, but the "Forks" are diluting BTC. BTC was supposed to be 21 MILLION coins max, but now an infinite number of forks promises infinite few alt-shit-coins and the idiots love this shit.

What's clear is every 'fork' so far has bumped the price $500-$1000, next fork NYA-SEG will be run out of NYC, with MADISON-AVENUE marketing, IMHO it will easily bump to $10k and then fall back to $5700.

The "Assholes" ( bankers/lawyers) are now in control of BTC, and they'll  fuck her to death, and leave her with junky marks on her arms on a dark-street when they're done.

Libertarians & Crypto-Anarchists saw BTC as once in a life-time chance to be free of the assholes, but the assholes just see this as another daily way to FUCK and enslave the masses.

I think had the forks NOT have happened by slow normal growth BTC could have gone $10k to $100k, but now that the "ASSHOLES" and their "FORKS" are going to KILL the BITCOIN-BRAND, it will just be whore-horse that they will ride until she collapses.

It's NOT too late folks, but there is HOPE, there is light in the force, there is zen-cash, and many libertarian crypto's that the assholes aren't in control of, ...

The question to be ASKED is NOT how high will BTC go, the question is CAN the CRYPTO-ANARCHY/LIBERTARIAN founders take BITCOIN back from the assholes, before they RUN her to the ground.


Title: Re: Why bitcoin can never go past $7000
Post by: Atomise on October 28, 2017, 08:25:25 AM
But thats the exact same thing people said when the price was about the break the 2500$ barrier... It depends on how you want to see it, but Bitcoin is unpredictable, and for that you can never really say what would its ending price be.

Bitcoin is still fairly new to some, so I believe there is still room for growth. :)

If you don't FUCK the golden goose, sure BTC can go to $100k, or higher, but the "Forks" are diluting BTC. BTC was supposed to be 21 MILLION coins max, but now an infinite number of forks promises infinite few alt-shit-coins and the idiots love this shit.

What's clear is every 'fork' so far has bumped the price $500-$1000, next fork NYA-SEG will be run out of NYC, with MADISON-AVENUE marketing, IMHO it will easily bump to $10k and then fall back to $5700.

The "Assholes" ( bankers/lawyers) are now in control of BTC, and they'll  fuck her to death, and leave her with junky marks on her arms on a dark-street when they're done.

Libertarians & Crypto-Anarchists saw BTC as once in a life-time chance to be free of the assholes, but the assholes just see this as another daily way to FUCK and enslave the masses.

I think had the forks NOT have happened by slow normal growth BTC could have gone $10k to $100k, but now that the "ASSHOLES" and their "FORKS" are going to KILL the BITCOIN-BRAND, it will just be whore-horse that they will ride until she collapses.

It's NOT too late folks, but there is HOPE, there is light in the force, there is zen-cash, and many libertarian crypto's that the assholes aren't in control of, ...

The question to be ASKED is NOT how high will BTC go, the question is CAN the CRYPTO-ANARCHY/LIBERTARIAN founders take BITCOIN back from the assholes, before they RUN her to the ground.

so you write all of that just to shill your zenCash?  ???


Title: Re: Why bitcoin can never go past $7000
Post by: BADecker on October 28, 2017, 08:26:02 AM
Bitcoin is opposite of the fiats. People get into Bitcoin partially because they see problems in fiat. When the fiat bubbles start to crash in a dramatic way, people will jump into Bitcoin for value protection. This will cause the Bitcoin price to skyrocket. Here's the real question.

If fiat crashes all the way suddenly, will Bitcoin be able to survive the strain on the whole economy - provide, of course, that the Internet and the power grid don't fail?

8)


Title: Re: Why bitcoin can never go past $7000
Post by: SUDARMONO on October 28, 2017, 08:27:12 AM
often people say like you when the price is still around $ 3000 but in fact it is just a place to lean while and bitcoin continue to go up, and I think the bitcoin price right now is like that, and will drive towards the price up again, no one knows exactly the price stop bitcoin, we can just wait and see it later, that's what I think.


Title: Re: Why bitcoin can never go past $7000
Post by: TheCoinFinder on October 28, 2017, 08:31:42 AM
It is worth state that some people invested in bitcoin when its price was only $900 and the same bitcoin is obviously $5800 worth at the moment.
Bitcoin optimists see no difficulties for it to surpass $7000 by the end of 2017.
According to my opinion,if chana government changes his mind on Ico ban statement, then bitcoin will briefly surpass $7000.


Title: Re: Why bitcoin can never go past $7000
Post by: cioloxl on October 28, 2017, 08:32:00 AM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

I think you started this thread so you can so more posts to the count seeing as this is...well, let's not say a controversial opinion, but a rather poorly thought through one. Bitcoin can and absolutely will go over 7000. You think the biggest hurdles lie in-between 6 and 7k? That's absurd. The real hurdles are related to scalability and mass adoption. Not price. As of now many people are using btc as an investment. Most of us know (or better yet hope) that this little war between those vying for control of the network will end in compromise. S2X was a particularly decent compromise. Dunno why all the hatred from core against it. But I digress. I dunno where you came up with this 7k figure.


Title: Re: Why bitcoin can never go past $7000
Post by: BADecker on October 28, 2017, 08:42:19 AM
Seems to me that because of fiat problems in Kenya a couple weeks ago, the price of Bitcoin actually hit a value of well over $7,000USD, but in Kenyan shillings.

8)


Title: Re: Why bitcoin can never go past $7000
Post by: TravelMug on October 28, 2017, 08:42:56 AM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

Go back and read old threads, like 2011 to 2013. You can find a lot of them doubting bitcoin can reach $5000. But what happened? Bitcoin has already surpassed that mark already and we are heading to a new price. And say what again? altcoin start making sense? I just shake my head dude with your logic here.

Bitcoin is still in its infancy and its has a lot of way to go. We may call 2017 as a break out year, but the revolution has just began. 2018 will proved to you that bitcoin can go higher than $7000, we are ~$6000 now, its just $1000 to reach that $7000 you said that it can't reached, do you think that the price could be stagnant and can't go higher?


Title: Re: Why bitcoin can never go past $7000
Post by: Denker on October 28, 2017, 08:43:36 AM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

So have you sold your Bitcoin then if you owned any??
If so please share your transaction with us and proof that you've signed it.
Fair price or not, if Bitcoin wanna go to 10k and overshoot, it will do so!!!


Title: Re: Why bitcoin can never go past $7000
Post by: -Sinner- on October 28, 2017, 08:48:20 AM
It's really funny, who are you? :)


" hey guys btc can't go over 7000 , trust me"

is like.. " hey guys i sold, but the price is going up..please stop it so i can rebuy lower!"



Title: Re: Why bitcoin can never go past $7000
Post by: el kaka22 on October 28, 2017, 08:54:18 AM
Bitcoin's volatility has been steadily decreasing over time
Where is the proof ? Never come up without proper data. I do watch all exchange volume are still steady and healthy and also growing. better stop your FUD.

I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
How you decide the correct and fair price. Who are you to claim a fair price for something common to entire humans. You must be a anti-bitcoiner who coming up here just to spam. I am not seeing any stopping for bitcoin's appreciations and I am getting ready for 10k USD levels of bitcoins.


Title: Re: Why bitcoin can never go past $7000
Post by: bitjoin on October 28, 2017, 08:56:42 AM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

Its just a number dude, how come you value USD so highly i dont understand? Even if bitcoin stayed level in utility value for the next few years the inflation rates would make it go over $7000 anyway.


Title: Re: Why bitcoin can never go past $7000
Post by: ruthbabe on October 28, 2017, 09:05:51 AM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

I think you know nothing about Bitcoin. If you can support your statement with facts or proof I will salute you. And perhaps you will contradict the following as it's not going to happen!

Bitcoin Price Predictions from Experts, https://top10wise.com/bitcoin-price-predictions-2017/

Hereís How the Bitcoin Price Reaches $100,000 by 2021, https://www.cryptocoinsnews.com/heres-how-the-bitcoin-price-reaches-100000-by-2021/

Bitcoin could hit $100,000 in 10 years, says the analyst who correctly called its $2,000 price, https://www.cnbc.com/2017/05/31/bitcoin-price-forecast-hit-100000-in-10-years.html

Bitcoin could hit $100,000 in decade, says analyst who predicted current high,  https://www.rt.com/business/390275-bitcoin-hundred-thousand-decade-expert/

Bitcoin's Price Could Cross $100,000 in 10 Years, http://www.investopedia.com/news/bitcoins-price-could-cross-100000-10-years/



Title: Re: Why bitcoin can never go past $7000
Post by: rjbtc2017 on October 28, 2017, 09:18:46 AM
Globally Acceptance of bitcoin is not yet even done. We are just from the first stages of Globalization of Bitcoin. It could go past 7000$ or go lower than $5000. It's still depends on what would be happening for the next few years ergo stating $5000-$6000 is the playground of Bitcoin is surely wrong. We still have a lot of years and time to be able to specualte what will ne the final playground of Bitcoin's Price.


Title: Re: Why bitcoin can never go past $7000
Post by: pitham1 on October 28, 2017, 09:38:28 AM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

These arguments would have had the same logic, when the price was under $1000. But we did see Bitcoin crossing that level. A lot of people felt that Bitcoin shouldn't have parity to the dollar and should be valued in cents in 2010. And we did cross that level.
So trying to put a number to the upper bound on Bitcoin is meaningless.


Title: Re: Why bitcoin can never go past $7000
Post by: Seansky on October 28, 2017, 09:41:11 AM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
Bitcoin will not go past 7000$ this year but it ain't an impossible target price in the future. Bitcoin has proven itself in the past few years even if people criticize it that it will not go higher than it's current all time high. Bitcoin's volatility has not been decreasing now, but rather it just stabilize because of equal buy and sell demand it show sometimes but still, there are crazy price movements this year that can prove that bitcoin volatility has not withered even if for a bit.


Title: Re: Why bitcoin can never go past $7000
Post by: cramcram21 on October 28, 2017, 09:43:36 AM
Don't really think that it couldn't past that amount ,
Just look how much it has grow from the past few years .
Maybe it would just take time to get into that price,we don't really know maybe it could even surpass that price.


Title: Re: Why bitcoin can never go past $7000
Post by: cengsuwuei on October 28, 2017, 09:43:50 AM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

only wait bitcoin price reach 7000 dollar
if direct jump to 7000 dollar, incraese is very high is not good, maybe bitcoin price can reach 7000 dollar in 2018, not 2017


Title: Re: Why bitcoin can never go past $7000
Post by: laluna24 on October 28, 2017, 10:04:17 AM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

only wait bitcoin price reach 7000 dollar
if direct jump to 7000 dollar, incraese is very high is not good, maybe bitcoin price can reach 7000 dollar in 2018, not 2017
Bitcoin fluctuates daily and even there are many speculation of the price. I can say maybe it will reach $7000-800 soon, and I agree possible by year 2018 it will make it happen.


Title: Re: Why bitcoin can never go past $7000
Post by: Cobalt9317 on October 28, 2017, 10:10:51 AM
The possibility of it is less likely to happen, cause the masses are using bitcoin constantly for trading and such alike, if the price of bitcoin will rise from 7000$ the sole reason is that a group of ppl are hodling it for the increasion of price, or the majority of ppl have learned to utilize bitcoin.

P.S We can just wait for the price to reach the moon.


Title: Re: Why bitcoin can never go past $7000
Post by: alekad on October 28, 2017, 10:18:59 AM
I'm sure BTC will break 7000 but I'm not sure it will happen right now. The market-mover is not interested in price growing with many "unwanted" passangers onboard. I consider the price will go down greatly(up to 30% as it was before) before next great movement. ;)


Title: Re: Why bitcoin can never go past $7000
Post by: jekjekman on October 28, 2017, 10:41:30 AM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

It seems that you are so sure that Bitcoin will never go past $7000, maybe you are right but I think you are not in the current situation of Bitcoin as of the moment because it is normal for it to have a corrections in price and this is the time for stabilizing its price for the mean time as there is no straight going up with the value of it.

It will pass that $7000 mark before the year ends if all the remaining issues are settle and some upcoming upgrades are done as it is increasing the trust of the new comers and big time investors to go in their moneys, take note that the Bitcoin's price exactly 1 year ago is only $600+ and the current price of it is playing around $5,700-$6000 as of the moment so meaning the market capitalization of it with the past year are multiplied by 10 and it can happen again.


Title: Re: Why bitcoin can never go past $7000
Post by: talkbitcoin on October 28, 2017, 10:43:37 AM
Bitcoin's volatility has been steadily decreasing over time,
a quick look at a price chart will clearly tell you how wrong this statement is. the volatility is actually increasing by time. it still has not reached the maximum rate of volatility. until then the price will rise faster and faster every day.
that is the main factor for any kind of adoption based technology.

Quote
which means huge price movements upwards are less likely than ever.
quite opposite. the bigger price movements are becoming more common.

Quote
I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
they said the same thing back at $1200 that is why the first rise afterwards was huge. then they said the same about $2000 and same story was repeated. they repeated the same a couple of more times but each time people paid less attention to it because they knew it has never been true.


Title: Re: Why bitcoin can never go past $7000
Post by: Altas on October 28, 2017, 11:27:15 AM
Bitcoin price has been increasing regularly, but the fluctuations were not felt that high as the past when the price was moving towards $4500. Possibly soon can expect the price to increase $7000 as the resistance level keeps on growing as price seems varying within limits for a longer time period.


Title: Re: Why bitcoin can never go past $7000
Post by: salman96 on October 28, 2017, 11:33:32 AM
Most of the btc investor invest their money for getting what they deserve and hope. When they reach their goal they withdraw their money. They think that it might be never grow up more


Title: Re: Why bitcoin can never go past $7000
Post by: Nameless27 on October 28, 2017, 11:38:06 AM
The same thing over and over again. The 5000$, 6000$ and now 7000$ barrier. This has been all over since before but bitcoin surpasses it without any problem at all. So be the next discussion is 8000$, then 9000$ barrier and so on. Cryptocurrency form the start is unpredictable, we will never know when does it is stop but Iím only sure for one thing it wonít be stable.


Title: Re: Why bitcoin can never go past $7000
Post by: LeGaulois on October 28, 2017, 11:46:54 AM
When the price was $500 a lot of people were saying Bitcoin will never reach 1000$. When the price reached $1000 people said Bitcoin is so expensive. When it was $2000 they were saying that Bitcoin is dead. Now 2017 and a price of over $5000 those same people are trying to find excuses against Bitcoin. I think this type of people are just frustrated to not have invested some bucks sometime back when the price was  peanuts


Title: Re: Why bitcoin can never go past $7000
Post by: Netnox on October 28, 2017, 11:47:13 AM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

Less than a month ago, the FUD from China caused a 30% drop in the exchange rates. And a few days after that, the exchange rates rose by 40%. Do you still think that Bitcoin exchange rates are not that volatile? IMO, it will take many decades for the Bitcoin prices to stabilize. And you can never predict the future prices. They can even reach $50,000 or even $500,000 per coin.


Title: Re: Why bitcoin can never go past $7000
Post by: Gotomoon on October 28, 2017, 12:14:22 PM
Most of the btc investor invest their money for getting what they deserve and hope. When they reach their goal they withdraw their money. They think that it might be never grow up more
Well, this is the reasons why more investors for bitcoin hecause of the price. The fluctuation of the price that many grab the opportunity to invest. So, possible in the upcoming months bitcoin may reach to $7000.


Title: Re: Why bitcoin can never go past $7000
Post by: sunsilk on October 28, 2017, 01:25:47 PM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

Steadily decreasing over time? It has been happening after the price increase of bitcoin, don't expect that it will be continually increasing.

If you stand on your belief that bitcoin will never go up to $7,000 then get back to this thread maybe after a year or two then try to comment again that you believe bitcoin will never go past at $7,000.

And also say that alt coin will start making more sense.  ;D


Title: Re: Why bitcoin can never go past $7000
Post by: DaMut on October 28, 2017, 01:42:02 PM
Bitcoin price can not be meassured by a common sense right now,
if you think our fair price for Bitcoin right now is around $6000,sorry bro i think we will see another ATH soon.
how many people said it before ? when we were at $500,$1000 and right now.
there are a lot of people saying about that stuff and until now we're keep climbing another mountain as always.
Its fair price can not be meassured by a common sense because if you looked at our history you will see the price is unpredictable,
which mean the price is already set by them the pumpers and holders.
also they can manipulate it as their wish,so i do not think we will stop right now.
because human will never satisfy with everything that they have right now


Title: Re: Why bitcoin can never go past $7000
Post by: fabiorem on October 28, 2017, 02:00:43 PM
It can and it will pass, the issue is that, the higher the market cap is, the less it will increase over time.

So to go from $4000 to $5000 is more easy than from $5000 to $6000.


Title: Re: Why bitcoin can never go past $7000
Post by: 1Referee on October 28, 2017, 02:04:03 PM
When the price was $500 a lot of people were saying Bitcoin will never reach 1000$. When the price reached $1000 people said Bitcoin is so expensive. When it was $2000 they were saying that Bitcoin is dead. Now 2017 and a price of over $5000 those same people are trying to find excuses against Bitcoin. I think this type of people are just frustrated to not have invested some bucks sometime back when the price was  peanuts

These people don't see Bitcoin's potential and just ride the volatility in order to make some profits. In case they missed out on a great opportunity to enter the market at discount levels, they indeed get frustrated, and for that reason talk down on Bitcoin like it doesn't have much potential, etc. If they had even a slight clue of what gives Bitcoin its value, then it wouldn't cost them any effort to buy and keep holding their coins for a longer period of time. Each time the price reaches a new high, these people think that they are too late. It was like that when the price reached $1000>$2000>$3000>$4000>$5000>$6000 - this will continue even when we're hovering above the $25,000 level. They never seem to learn from past market achievements.


Title: Re: Why bitcoin can never go past $7000
Post by: mrbnson on October 28, 2017, 02:24:50 PM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

Even if what you said happens, eventually then alt-coins would face the same situation and people would sell their alts to buy bitcoin and the cycle would just continue and the price of both will continue to go up.


Title: Re: Why bitcoin can never go past $7000
Post by: selline on October 28, 2017, 02:40:45 PM
I have confidence with movement will be toward the bitcoin and passes the numbers $7000 menjadii but it would be a challenge against the bitcoin must get past the numbers $6000 in advance at the end of this month with so bitcoin will increasingly put in the right position so that it won't happen because I see the downturn. bitcoin still hang on to the number $5600, I believe the bitcoin will continue to increase ride


Title: Re: Why bitcoin can never go past $7000
Post by: jackhdt on October 28, 2017, 02:42:39 PM
Why do you think it is time to stop bitcoin? previously Bitcoin price is $ 2000 I've seen people like you thought and time has proven that they are wrong. Bitcoin and blockchain technologies are really bright future. As you have seen, there are many altcoin in the present time but nobody coin would pass the Bitcoin


Title: Re: Why bitcoin can never go past $7000
Post by: Shamie1002 on October 28, 2017, 03:05:58 PM
Globally Acceptance of bitcoin is not yet even done. We are just from the first stages of Globalization of Bitcoin. It could go past 7000$ or go lower than $5000. It's still depends on what would be happening for the next few years ergo stating $5000-$6000 is the playground of Bitcoin is surely wrong. We still have a lot of years and time to be able to specualte what will ne the final playground of Bitcoin's Price.

5k-6k is a fair price ? I think it's an enough proof that it could get higher every year. I do agree with Sir, Global acceptance is not yet over and I think it's not yet a mere half yet. There is more to come within months and years. I can say that bitcoin is just starting to evolve by adaption.
The more it will be known, the greater the possibilities for bitcoins.


Title: Re: Why bitcoin can never go past $7000
Post by: mostkey on October 28, 2017, 03:06:50 PM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
I also think that price correction will happen soon, because it is very worrying if we look at the price of altcoin that does not go in the low price round, and this is a loss for those who have a large amount of altcoin, I hope the price correction will happen soon, because this can make my trapped altcoin can be sold,


Title: Re: Why bitcoin can never go past $7000
Post by: fabiorem on October 28, 2017, 03:17:00 PM
The "Assholes" ( bankers/lawyers) are now in control of BTC, and they'll  fuck her to death, and leave her with junky marks on her arms on a dark-street when they're done.

Libertarians & Crypto-Anarchists saw BTC as once in a life-time chance to be free of the assholes, but the assholes just see this as another daily way to FUCK and enslave the masses.


Everytime a whale dump his coins, a bankster will be buying it. And the more the bankster buy, the more they take the power from the whales.

That's why the pump and dump strategy is now dangerous. Whales cant do that anymore without risking their coins being sold to a bankster. You dont know to who you are selling your coins.

With the banksters in control of a big stash of BTC, its only a matter of time until bribing the miners to undermine the nodes, as the nodes are the last resistance to bankster domination. Bigger blocks means bigger chains, impossible to synch for the ordinary user. So only banksters will run it, in big databanks, centralizing it to their power.

They will not destroy bitcoin, but they will use it for a global currency, run by nodes in big databanks that only them can afford to buy. This currency will only be able to run through smartphones, without a downloaded blockchain and without any security.




Title: Re: Why bitcoin can never go past $7000
Post by: iqlimasyadiqa on October 28, 2017, 03:23:45 PM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
Until now I still believe that bitcoin prices will still increase better than the current prices. I as a person who always pay attention to bitcoin prices then see that the possibility of price increase is still very high. Indeed there has been a correction but not more than 200 $. The current bitcoin price is still stable and I've found some graphs showing that bitcoin prices will increase again by the end of 2017.


Title: Re: Why bitcoin can never go past $7000
Post by: jakagintiri on October 28, 2017, 03:47:37 PM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
Until now I still believe that bitcoin prices will still increase better than the current prices. I as a person who always pay attention to bitcoin prices then see that the possibility of price increase is still very high. Indeed there has been a correction but not more than 200 $. The current bitcoin price is still stable and I've found some graphs showing that bitcoin prices will increase again by the end of 2017.
of course bitcoin prices will continue to increase, because basically the bitcoin is different from other types of coins, the advantages of bitcoin is a limited amount. the less residual of bitcoin and the more people who need bitcoin the bitcoin price level will increase. I can only speculate that bitcoin prices will grow to $ 7000 by the end of this year. this is according to the science I read.


Title: Re: Why bitcoin can never go past $7000
Post by: Meycell on October 28, 2017, 03:49:09 PM
its not never go past $7000 but bitcoin not reach $7000 yet. i think it happen asap next years..
i scared with high price of bitcoin make criminals by people


Title: Re: Why bitcoin can never go past $7000
Post by: Cryppy_guyL on October 28, 2017, 04:05:42 PM
its not never go past $7000 but bitcoin not reach $7000 yet. i think it happen asap next years..
i scared with high price of bitcoin make criminals by people

Bitcoin can easily reach a price of $ 7,000 in the next few months. Now the price fluctuates, and we even see a downtrend. But this need not be feared. The price of bitcoin is always recovered and goes up


Title: Re: Why bitcoin can never go past $7000
Post by: jackhdt on October 28, 2017, 04:14:24 PM
its not never go past $7000 but bitcoin not reach $7000 yet. i think it happen asap next years..
i scared with high price of bitcoin make criminals by people

Bitcoin can easily reach a price of $ 7,000 in the next few months. Now the price fluctuates, and we even see a downtrend. But this need not be feared. The price of bitcoin is always recovered and goes up
are you talking Bitcoin price will reach $ 7,000 in the next few months? What do you have the base? I want to refer to the market price analysis of your


Title: Re: Why bitcoin can never go past $7000
Post by: btc-facebook on October 28, 2017, 04:23:49 PM
Bitcoin need some momentum in order to get pump for example if Alibaba fully legalize bitcoin for their company, it will affect on bitcoin value and demand globally

its not never go past $7000 but bitcoin not reach $7000 yet. i think it happen asap next years..
i scared with high price of bitcoin make criminals by people

Nothing can we do , when bitcoin getting greater, their risk also greater as well so we must more advance in order to protect ourself from anything that against the law


Title: Re: Why bitcoin can never go past $7000
Post by: bohr on October 28, 2017, 04:38:37 PM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
You do not know what you are talking about, the only cap limit of bitcoin is the amount of money circulating around the world, now it is impossible that all the money of the world moves to bitcoin since we need money for other stuff, but there is not a reason for bitcoin to not surpass 7000 in fact many are predicting that price is going to surpassed before the end of the year.


Title: Re: Why bitcoin can never go past $7000
Post by: Aamir1 on October 28, 2017, 04:41:42 PM
People start panicking after reading posts like the OP's and start selling their Bitcoin immediately after seeing only a $50 rise in the price. No offense, but maybe OP is trying to do that purposely  ::) Anyway, every time when the price of Bitcoin gets stable for just a few days, we start seeing posts like this where people say "Bitcoin will not move anymore", "It is all over!" blah blah, and guess what happens? Bitcoin starts moving again, and it crosses the mark it never had, and i believe that is what going to happen this time again, so no one needs to panic right now, but wait and be patient.


Title: Re: Why bitcoin can never go past $7000
Post by: gentlemand on October 28, 2017, 04:47:24 PM
Incisive analysis from the thread opener. This is the level of intellectual rigour that makes me revel in being part of this forum. I'm so proud to have witnessed it and hopefully I'll get to meet the OP some day so I can thank him for his years of careful consideration.

I wonder how many threads and posts there are now that begin with 'bitcoin will never reach X price'. There must be hundreds from 1c upwards.


Title: Re: Why bitcoin can never go past $7000
Post by: suzanne5223 on October 28, 2017, 05:24:00 PM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
Currently, the $5000-$6000 price range is correct higher price but not the higher price range in next 2 weeks because the price of bitcoin was dip cause BTG fork seems not to be secure by people but the SegWit2x will dump the price. However, bitcoin usually increase every year and 2018 is said to be another best year for bitcoin.


Title: Re: Why bitcoin can never go past $7000
Post by: cityfalcon on October 28, 2017, 05:31:13 PM
There's just too much going on and info being released for any price to be a "fair price".


Title: Re: Why bitcoin can never go past $7000
Post by: ipanks on October 28, 2017, 08:31:38 PM
bitcoin will increase soon and we can break $7000 but i don't think that it will happen in november because we are going to see another hard fork. so i think maybe the price will be increase more high after hard fork and maybe in december the price is increase. many of us is expecting to see $7000 soon and some of us is waiting the higher price and we can waiting together what will happen in tomorrow. and maybe now we are in correction price and will happen in many times before the hard fork is happen.


Title: Re: Why bitcoin can never go past $7000
Post by: Clark05 on October 28, 2017, 08:41:24 PM
Bitcoin is possible become 7k dollars until now because many people until now buying bitcoin . I think why the bitcoin price not increase higher than 6k dollars because some people have doubt in their mind that bitcoin will not increase because the second fork is near and its november. But everything is possible to happen maybe we see th eprice of 7k dollars before end of this year or maybe it will not see it depends on the demand..


Title: Re: Why bitcoin can never go past $7000
Post by: rayneh on October 28, 2017, 08:53:43 PM
Seems to me that because of fiat problems in Kenya a couple weeks ago, the price of Bitcoin actually hit a value of well over $7,000USD, but in Kenyan shillings.

8)
The main point is that kenya people are willing to have bitcoin and there government need to purchase bitcoin for there people because if they are purchasing other stuffs for kenyan people it will not help but if they buy bitcoin for there people it will help them out and they will ready to deal the world plus bonus point is that they will become a rich country around the world too.


Title: Re: Why bitcoin can never go past $7000
Post by: Freegan on October 28, 2017, 09:10:56 PM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

I had already read the analysis of supposed experts predicting that the price of bitcoin could not exceed the $1,300 barrier again, and that as soon as that happened, there would be a tremendous correction that would take the price of bitcoin at prices below of $500 or maybe $300. That never happened, but what happened is that I stopped believing in these so-called experts and their permanently pessimistic predictions.


Title: Re: Why bitcoin can never go past $7000
Post by: Doell on October 28, 2017, 09:24:37 PM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
not never past the $7000 but never before, you need to know bitcoin prices continue to jump the possibility of the price can pass $7000 in the next month my feelings say this and you can save continue to sell next month ,altcoin is now beginning to move because the whales have moved to prey on small fish


Title: Re: Why bitcoin can never go past $7000
Post by: olumyd on October 28, 2017, 09:36:13 PM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

Well, what's your source? If you study the BTC price trend carefully, you'll discover that the 'steadily decreasing' phenomenon is only temporary. as to whether BTC can break it's current all time high of 6,000... isn't a gamble you should wager.


Title: Re: Why bitcoin can never go past $7000
Post by: Yuuto on October 28, 2017, 09:45:10 PM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

If you think that 5000-6000 is going to sustain why don't you think that bitcoin can get over the $7000 mark hurdle? It's just like getting from $2000 to $3000, actually even less as a percentage. It's pretty easy in the right market conditions.

You may be right and this time round or this year, we won't hit $7000.

However eventually, we will. Fiat depreciation coupled with bitcoin adoption means massive bitcoin increases.


Title: Re: Why bitcoin can never go past $7000
Post by: Anonylz on October 28, 2017, 10:14:26 PM
Well i think that bitcoin will be stable for the next months (before 2018 starts) probably it will go up by a little during november, because a hard fork is coming in just a few days.
But it can not be bullish forever, it needs to drop a little, otherwise it will colapse because everybody will acostumbrate theirselves to see bitcoin always bullish, and they will sell if they see a dump on the market.
Anyway, of course that it is possible to reach $7000, but not on this year.


Title: Re: Why bitcoin can never go past $7000
Post by: chineseprancing on October 28, 2017, 11:38:07 PM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
not never past the $7000 but never before, you need to know bitcoin prices continue to jump the possibility of the price can pass $7000 in the next month my feelings say this and you can save continue to sell next month ,altcoin is now beginning to move because the whales have moved to prey on small fish
Maybe bitcoin value now was not pass to $7000 for now but on the following days and month bitcoin can reach and past the $7000. Because if you see bitcoin value in the market it was rapidly increase so no need to worries if you if you invest now. Moreover the reasons why bitcoin can't increase now was due to hard fork.


Title: Re: Why bitcoin can never go past $7000
Post by: Ultegra134 on October 28, 2017, 11:51:08 PM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
not never past the $7000 but never before, you need to know bitcoin prices continue to jump the possibility of the price can pass $7000 in the next month my feelings say this and you can save continue to sell next month ,altcoin is now beginning to move because the whales have moved to prey on small fish
Maybe bitcoin value now was not pass to $7000 for now but on the following days and month bitcoin can reach and past the $7000. Because if you see bitcoin value in the market it was rapidly increase so no need to worries if you if you invest now. Moreover the reasons why bitcoin can't increase now was due to hard fork.
I don't think the $7000 mark is going to be broken this year, seems highly unlikely, too much have happened within this year already.

Back to OP now, implying that Bitcoin will never surpass $7000 is way too harsh and unreal, people have been saying the same thing since its creation, therefore, it's always possible. It was also commonly said that Bitcoin would stabilize at $4000-$4500, but it didn't take long before it surpassed $5000.


Title: Re: Why bitcoin can never go past $7000
Post by: Slow death on October 29, 2017, 12:22:16 AM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

at present few people buy bitcoin, few countries have adopted bitcoin, a case to set an example is my country, in my country not even 2% of people know about bitcoin and even in countries like China, USA or Russia or India, I I doubt that +70% of people in these countries know about bitcoin, there are many bankers, many billionaires who still do not invest in bitcoin. bitcoin has potential to be worth much more than $15000 and you are limiting itself to $7000


Title: Re: Why bitcoin can never go past $7000
Post by: thecodebear on October 29, 2017, 12:29:17 AM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point


.....WTF??!!?

Strangest prediction ever. This guy is gonna be real confused when we pass $7000 by the end of the year, and even more confused when it hits $10k, $20k, $50k, $100k, and so on.


Title: Re: Why bitcoin can never go past $7000
Post by: imstillthebest on October 29, 2017, 02:04:41 AM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point


.....WTF??!!?

Strangest prediction ever. This guy is gonna be real confused when we pass $7000 by the end of the year, and even more confused when it hits $10k, $20k, $50k, $100k, and so on.

lol, maybe this is just another drama tactics about discrediting bitcoin so that newbies and some bitcoin enthusiast will start panicking and will result to selling their hard earned bitcoins and then it greatly will affect the bitcoins markets  therefore its should decrease and these people can now take advantage to it and  they can now buy bitcoins in a cheap price.


Title: Re: Why bitcoin can never go past $7000
Post by: Mr.grin on October 29, 2017, 02:54:31 AM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
not never past the $7000 but never before, you need to know bitcoin prices continue to jump the possibility of the price can pass $7000 in the next month my feelings say this and you can save continue to sell next month ,altcoin is now beginning to move because the whales have moved to prey on small fish
Maybe bitcoin value now was not pass to $7000 for now but on the following days and month bitcoin can reach and past the $7000. Because if you see bitcoin value in the market it was rapidly increase so no need to worries if you if you invest now. Moreover the reasons why bitcoin can't increase now was due to hard fork.
well, this is the same when we expect bitcoin to rise to $ 5000 when the price is still $ 2000. it looks impossible. but, it really happened. well, I guess it's the same as the current situation. bitcoin has never reached the price of $ 7000, but it will soon rise beyond that, and I'm sure.


Title: Re: Why bitcoin can never go past $7000
Post by: ipanks on October 29, 2017, 04:13:46 AM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
not never past the $7000 but never before, you need to know bitcoin prices continue to jump the possibility of the price can pass $7000 in the next month my feelings say this and you can save continue to sell next month ,altcoin is now beginning to move because the whales have moved to prey on small fish
Maybe bitcoin value now was not pass to $7000 for now but on the following days and month bitcoin can reach and past the $7000. Because if you see bitcoin value in the market it was rapidly increase so no need to worries if you if you invest now. Moreover the reasons why bitcoin can't increase now was due to hard fork.
well, this is the same when we expect bitcoin to rise to $ 5000 when the price is still $ 2000. it looks impossible. but, it really happened. well, I guess it's the same as the current situation. bitcoin has never reached the price of $ 7000, but it will soon rise beyond that, and I'm sure.

we only need to waiting for a while, i am sure that we can reach $7000 in the end and even i am sure that we can reach more. i think its been interesting to waiting the price is increase by following every exchanges price and we can watching the price is up and down. every time the price is increase, there will be a correction price for a while and then the price will increase again and this time after the fork in november, i think the price will be increase more.


Title: Re: Why bitcoin can never go past $7000
Post by: denny27 on October 29, 2017, 05:47:24 AM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
Well I think you're right, it seems so. Bitcoin price in my opinion also.. seem will be last long in the between $5000 - $6000 I guess, price movements hasn't been seen not at all to show a rising moving towards $7000 again. Previously it was seen, but it's true it was canceled goes to price of $7000 and I think for the next will be difficult to reach $7000, from now it still takes a long time to reach it I guess.


Title: Re: Why bitcoin can never go past $7000
Post by: onrise on October 29, 2017, 05:51:38 AM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point


.....WTF??!!?

Strangest prediction ever. This guy is gonna be real confused when we pass $7000 by the end of the year, and even more confused when it hits $10k, $20k, $50k, $100k, and so on.

Lets us wait and see first to cross 6k and 7k and then so on. I do not think 50, 100k possible in a realistic world but yes everyone would love if it reaches as high as possible. What could bring the price down is the country if stop supporting btc as major developing countries still not yet legalized the btc as as a payment mode.


Title: Re: Why bitcoin can never go past $7000
Post by: alekad on October 29, 2017, 06:08:14 AM
I'm sure BTC will break 7000 but I'm not sure it will happen right now. The market-mover is not interested in price growing with many "unwanted" passangers onboard. I consider the price will go down greatly(up to 30% as it was before) before next great movement. ;)

That was my yesterday's post. There is one thing I see now and I think BTC can go further without great dump. But the dump will definitely occur some time.


Title: Re: Why bitcoin can never go past $7000
Post by: lottery248 on October 29, 2017, 06:18:59 AM
bitcoin price is explicitly when pigs fly to go $7000 this week, but also when pigs fly that bitcoin price is never going above $7000. since the bitcoin is kinda volatile within $5400~$5900, theoretically the price of bitcoin is going with 'opposite bouncer'[/sup]1[/sup].

1 opposite bouncer: in normal bouncer, its reflection goes eventually lower due to gravity or friction, in opposite bouncer means the reflection will be higher between the last bounce. (idk if that means correctly ???)


Title: Re: Why bitcoin can never go past $7000
Post by: treather on October 29, 2017, 06:22:16 AM
seven thousand dollar bitcoin is just by the corner. anybody saying that the price is right or that it is highly priced should go back to school and oread up on demand and supply.


Title: Re: Why bitcoin can never go past $7000
Post by: -Sinner- on October 29, 2017, 07:42:29 AM
You will see as soon as mass adoption will happen.


Title: Re: Why bitcoin can never go past $7000
Post by: Clairvoyance on October 29, 2017, 08:00:41 AM
Mabe this year it can't pass the $7000 mark but by next year it possibly can. The market has been steadily increasing in terms of monthly users and it is making the demand greater than the supply. Ultimately , the pricing can really be over $7000 let's just wait and hodl.


Title: Re: Why bitcoin can never go past $7000
Post by: atc1-REAL on October 29, 2017, 10:26:12 AM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

This was the argument when it touched $200, $1k, $1.2k, $3k, $4k, $5k. Clearly the market does not think so, it will continue to appreciate depending on the sentiment. Theres no upper or lower limit.


Title: Re: Why bitcoin can never go past $7000
Post by: Coffee135 on October 29, 2017, 11:17:22 AM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

This was the argument when it touched $200, $1k, $1.2k, $3k, $4k, $5k. Clearly the market does not think so, it will continue to appreciate depending on the sentiment. Theres no upper or lower limit.
I don't think so. The upper limit is. It is limited by the popularity of bitcoin and paying people. Whales in the market can manipulate the number of offers and lower prices but to raise prices, they can not. It depends only on buyers. Many users get coins without investment and therefore do not understand how prices are formed in the market.


Title: Re: Why bitcoin can never go past $7000
Post by: batang_bitcoin on October 29, 2017, 12:41:02 PM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
Do you really think it's not going to happen? Bitcoin will not reach $7,000 and we will not see it happening? Well I say that everything is possible with bitcoin now, the price can go lower but it can go higher now. We are close to $6,000 and any moment now it can touch it. And when that happens we are going to see the price of bitcoin reaching $7,000 very soon, it's early to say this.


Title: Re: Why bitcoin can never go past $7000
Post by: Ingoats on October 29, 2017, 12:47:17 PM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
It can't pass or even reach the value of 7000$ at this moment because the hardfork is approaching. Backdrops are taking place often, and it may be becauae of the segwit2x. But I'm not saying that it won't be able, maybe it will make its way to 7000 AFTER the fork especially if it will succeed because just like the recent one, the value will surely increase.


Title: Re: Why bitcoin can never go past $7000
Post by: Ararbermas on October 29, 2017, 01:09:54 PM
Mabe this year it can't pass the $7000 mark but by next year it possibly can. The market has been steadily increasing in terms of monthly users and it is making the demand greater than the supply. Ultimately , the pricing can really be over $7000 let's just wait and hodl.
haha.  Much better mate.  Lets accepts the fact that bitcoin value will not achieve the goal of others prediction such as 7000k in this year end or next month.  Maybe i am agree with up coming year  cause i think theres a possibility to reach that value. Lets just relax and keep holding. Who knows. 


Title: Re: Why bitcoin can never go past $7000
Post by: DrGuns4Hands on October 29, 2017, 01:12:30 PM
it can't go pass through $7000 because of panic sellers everytime that btc reach $5900 they're selling their coins that's the reasons why the price is dumping all over again and then they will gonna buy again then when the price goes up again they would sell it . traders logic but if the demand could goes up again with more percetage than before we could reach that $7000 barrier before this year ends.


Title: Re: Why bitcoin can never go past $7000
Post by: Akash1243 on October 29, 2017, 01:16:29 PM
Well crossing $7000 mark sure would be hard but not impossible.Bitcoin can never go past some amount, always has been in the mind of the people but bitcoins has always surprised people with sudden growth so you can't predict that bitcoin's end price would be below $7000.Just keep holding and by next year who knows wjat would be the price then.


Title: Re: Why bitcoin can never go past $7000
Post by: atc1-REAL on October 29, 2017, 06:10:29 PM
It may be that Bitcoin will rise before the fork, but not upto $7k, as the previous correction was not even at $6.5k USD. Before the fork  we might see a price close to 7000 USD due to the inevitable hype. We must also possibly consider that there is constant neagtive media in the mainstream news on Bitcoin due to which some people looking to invest might not do so.


Title: Re: Why bitcoin can never go past $7000
Post by: reflector on October 29, 2017, 06:46:11 PM
Well crossing $7000 mark sure would be hard but not impossible.Bitcoin can never go past some amount, always has been in the mind of the people but bitcoins has always surprised people with sudden growth so you can't predict that bitcoin's end price would be below $7000.Just keep holding and by next year who knows wjat would be the price then.

It does not touch that since the peak value is lesser than that. There are many people expects the 7k USD value in this year end itself. But practically it is not at all possible since there very few adoption expectation in the upcoming months.
Long term holding will always gives the doors for the seeing the profit in the amount you have in your wallet.


Title: Re: Why bitcoin can never go past $7000
Post by: gentlemand on October 29, 2017, 08:47:36 PM
Now less than $700 away. Does anyone, OP in particular, wish to withdraw their mindless and sweeping statement before they wind up looking like another casualty bleeding on the roadside of history?


Title: Re: Why bitcoin can never go past $7000
Post by: naughty1 on October 29, 2017, 10:00:42 PM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
Never, it is a totally wrong use of words. bitcoin is flying, and it can go up any time. Time is the only thing we need, the value of bitcoin is constantly going up, and when it comes time, bitcoin will reach $ 7000


Title: Re: Why bitcoin can never go past $7000
Post by: Oceat on October 29, 2017, 11:10:31 PM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
Never, it is a totally wrong use of words. bitcoin is flying, and it can go up any time. Time is the only thing we need, the value of bitcoin is constantly going up, and when it comes time, bitcoin will reach $ 7000
The only thing that making the price rise is this hardforks going on. And yet many people are expecting too much like $7000 dollar at this year? Like hello, forks is not done yet and you wanted to celebrate already? We must have to face this problem first before proceeding to the next one. You don't think that bitcoin is not that complicated do you? $6000 is already too much for as new users if we want to invest on bitcoin and yet we still use bitcoin. How is that?


Title: Re: Why bitcoin can never go past $7000
Post by: fxbit on October 29, 2017, 11:22:41 PM
BTC is traded 24/7/365 non stop when all other market is closed, adding $2 billion per day into the marketcap valuation, within this week that $7000 will be surpassed, this end of week trading will open new money floodgate from new people or skeptical money after long end of week reading about bitcoin


Title: Re: Why bitcoin can never go past $7000
Post by: machinek20 on October 29, 2017, 11:38:17 PM
It will passed 7k but you need to give some times to bitcoin, recently there are so many forking which reduce the bitcoin domination, some people prefer to play alt coin because the price is cheaper and during this few weeks the volatility is very high, but people always keep bitcoin in the end


Title: Re: Why bitcoin can never go past $7000
Post by: AE on October 29, 2017, 11:45:24 PM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

Could it be that you just sold your bitcoins are search for a reason that it was a good decision! :D:D
haha price can go anywhere upwards and downwards.


Title: Re: Why bitcoin can never go past $7000
Post by: Bustart on October 30, 2017, 12:09:21 AM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
It can't pass or even reach the value of 7000$ at this moment because the hardfork is approaching. Backdrops are taking place often, and it may be becauae of the segwit2x. But I'm not saying that it won't be able, maybe it will make its way to 7000 AFTER the fork especially if it will succeed because just like the recent one, the value will surely increase.

Why not? How sure you are that this bitcoin never pass $7000? Surviving such fork attack with majority hashing power miners and some of the  most influential businessman indescribably bullish. Even if the price could dump, bitcoin surviving this would strongly dissuade others from trying it going forward as well as minimized  the FUD that would be associated with any future attempts.                                


Title: Re: Why bitcoin can never go past $7000
Post by: shinjunobi09 on October 30, 2017, 12:48:25 AM
I don't think your'e predictions are correct well it true that bitcoin price is playing around at 5,000 US dollars. But regardless there is always a possibility for price to go up even as high as 7,000 US dollar, why? because don't you think even if bitcoin is currently being backlashed at the market that it wouldn't increase, because the more you get comments at the more people get to know it and that's why there is a chance that bitcoin will go up.


Title: Re: Why bitcoin can never go past $7000
Post by: HatakeKakashi on October 30, 2017, 01:51:20 AM
As of now the price of bitcoin is already 6100 dollars and Im very happy brcayse they reach that. And for sure maybe the price of bitcoin reach 7k dollars next month and for sure it will continue to increase the price before end of this year and I hope it will become 8k dollars. More bitcoin that you have more chances to earn more money so its better to buy bitcoin now with your extra money.


Title: Re: Why bitcoin can never go past $7000
Post by: culuuton on October 30, 2017, 02:20:33 AM
It's like when a bitcoin is about $4000, some people say it can not pass milestone $5000. What has happened? the price did escalate far beyond expectations. Don't question why bitcoin can never go past $7000? ;D


Title: Re: Why bitcoin can never go past $7000
Post by: Juggy777 on October 30, 2017, 04:24:05 AM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

This is so funny, you're saying Bitcoin is volatile and that's why it won't grow up, but that's the very reason it is really up. You just need to wait and watch Bitcoin shall cross 7k very soon, the upward swing has began, many countries are accepting BITCOIN and we shall soon see the mother of all rallies, China is coming back into the picture and I am sure many countries, will follow suit, if you decide to cash out now, you'll loose your profits, choice is yours, until it's not urgent don't sell.


Title: Re: Why bitcoin can never go past $7000
Post by: jakezyrus on October 30, 2017, 06:14:29 AM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
It can't pass or even reach the value of 7000$ at this moment because the hardfork is approaching. Backdrops are taking place often, and it may be becauae of the segwit2x. But I'm not saying that it won't be able, maybe it will make its way to 7000 AFTER the fork especially if it will succeed because just like the recent one, the value will surely increase.
i think it can reach until  7000$ just before the hardfork begins, because many people are still buying and holding bitcoins because of free fork coins which is bitcoingold and i believe that bitcoins value will somehow decrease after the fork has done because most of them are going to dump and sell thier coins. although bitcoin can still posibly recover after this cycle and will probably start to reach his next ath.


Title: Re: Why bitcoin can never go past $7000
Post by: Weawant on October 30, 2017, 06:23:32 AM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
It can't pass or even reach the value of 7000$ at this moment because the hardfork is approaching. Backdrops are taking place often, and it may be becauae of the segwit2x. But I'm not saying that it won't be able, maybe it will make its way to 7000 AFTER the fork especially if it will succeed because just like the recent one, the value will surely increase.
i think it can reach until  7000$ just before the hardfork begins, because many people are still buying and holding bitcoins because of free fork coins which is bitcoingold and i believe that bitcoins value will somehow decrease after the fork has done because most of them are going to dump and sell thier coins. although bitcoin can still posibly recover after this cycle and will probably start to reach his next ath.

Sad to say bitcoins will get a tough way to reach for that since actually we can see that if you can taste some huge pump there where fud bad hypes will follow to distrupt its growth that's why we see some bad movements coming unto it, But for this happenings we should embrace and see those fall as opportunity since we can even earn more if we bought more and then pump came.


Title: Re: Why bitcoin can never go past $7000
Post by: fanbeila on October 30, 2017, 06:56:05 AM
Its wrong.Bitcoin just crossed $6,000 before and was about to move above.But china's actions against bitcoin made its price to fall,but it soon recovered.

But,the hard fork for creation of BTG and the upcoming fork in november have made situations unclear and that's why,bitcoin price has not increased more.

But very soon,if hard fork happens in november,bitcoin price may skyrocket as china's threat is also no more.


Title: Re: Why bitcoin can never go past $7000
Post by: eann014 on October 30, 2017, 08:38:22 AM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
I think at this point we can have bitcoin price from the average of $6000, but there is a possibility that bitcoin will reach up to over $7000 by the end of the year. Look at the bitcoin price right now? It's already increasing again since yesterday so I think it will continue to rise until December.


Title: Re: Why bitcoin can never go past $7000
Post by: stfN2128 on October 30, 2017, 08:46:04 AM
Bitcoin will pass 7000$ easily in the next weeks, at the end of 2017 or beginning 2018 i see Bitcoin at 10000$

We are still in the beginning of a great chapter guys 8)



Title: Re: Why bitcoin can never go past $7000
Post by: Kisanaq on October 30, 2017, 09:23:50 AM
the start of the $ 7000 price starts immediately, and I'm sure it will happen in November, we should dare speculate that we will soon get profit if we invest now, I suggest to hold and do not be interested to sell even though the price will continue to rise.


Title: Re: Why bitcoin can never go past $7000
Post by: Vritesh on October 30, 2017, 09:51:53 AM
Nobody even expected that Bitcoin's price will rise upto 6000$ also. So giving such statement that Bitcoin can never go past 7000$ is not right. The price is boosting up and according to current growth rate we can say it will go past 7000$ .


Title: Re: Why bitcoin can never go past $7000
Post by: twicezeroiszero on October 30, 2017, 05:38:31 PM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
I think at this point we can have bitcoin price from the average of $6000, but there is a possibility that bitcoin will reach up to over $7000 by the end of the year. Look at the bitcoin price right now? It's already increasing again since yesterday so I think it will continue to rise until December.
In my opinion, it seems the whale want to take profits and go out the market in next pump.
The price of Bitcoin never increases again without correction ~30-50% the highest price.
But by the speculators and traders have took profits at $6,100 and waiting the price of Bitcoin at $4,xxx price range made the whale need to pump the price of Bitcoin instead of dump it, because continue to dump can make them can not buy enough Bitcoin.


Title: Re: Why bitcoin can never go past $7000
Post by: sapnu on October 30, 2017, 08:50:44 PM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
Bitcoin's market value is continuously increasing as time passes by so I think there's no standard price foe it. As long as the demand that it is getting from the market increases, its market value won't stop rising. So it is possible that Bitcoin will be able to reach and even pass the 7000-dollar barrier. And also, as far as I know, as its value increases, the profit also becomes bigger especially for the investors so profit will be big unlike what you've said.


Title: Re: Why bitcoin can never go past $7000
Post by: pitiflin on October 30, 2017, 09:05:57 PM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
You people who are new to bitcoin( I am just assuming by your account status)  always assume and state and confirm that this is going to happen and this is not going to happen as if you are some sort of authorized recipient of cryptos. You gotta wait for some time ,you can't expect it to keep on increasing on a increasing pace with out any drops, wait for a few months you will see.


Title: Re: Why bitcoin can never go past $7000
Post by: AE on October 31, 2017, 04:08:59 PM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

Do you really think it's not going to happen? Bitcoin will not reach $7,000 and we will not see it happening? Well I say that everything is possible with bitcoin now, the price can go lower but it can go higher now. We are close to $6,000 and any moment now it can touch it. And when that happens we are going to see the price of bitcoin reaching $7,000 very soon, it's early to say this.


Title: Re: Why bitcoin can never go past $7000
Post by: Cranidos on October 31, 2017, 04:59:17 PM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

Nonsense. You sound like very knowledgeable and logical about your claim but it is the other way around. "Experts" claims that Bitcoin will reach hundreds of thousands in USD and yet you say that It won't surpass 7000. This is just the same when FUDers back then claims that it will never reach 1000, 2000, nor 3000 and where are we now? Bitcoin depends on the community and demand so you can never be too certain on how far Bitcoin will reach.


Title: Re: Why bitcoin can never go past $7000
Post by: hahay on October 31, 2017, 05:16:40 PM
All need a process, can not quickly to soar. You just need a little more time to see bitcoin prices soar above 7k usd. The bitcoin price will continue to break the new value, so you should hold your bitcoin well so you do not lose the moment 7k usd later.


Title: Re: Why bitcoin can never go past $7000
Post by: AE on November 01, 2017, 10:18:52 AM
All need a process, can not quickly to soar. You just need a little more time to see bitcoin prices soar above 7k usd. The bitcoin price will continue to break the new value, so you should hold your bitcoin well so you do not lose the moment 7k usd later.

He might be right with his wild guess. But who knows, this really will stop somewhen. But nobody knows where, but it will stop and take a break for sure. :)


Title: Re: Why bitcoin can never go past $7000
Post by: Budugbass on November 01, 2017, 10:23:05 AM
I think nowadays bitcoin starts to show price movements that are trying to approach $7000, I think there is a possibility until the end of the year the price will reach $7000.


Title: Re: Why bitcoin can never go past $7000
Post by: mike4001 on November 01, 2017, 10:25:28 AM
I think nowadays bitcoin starts to show price movements that are trying to approach $7000, I think there is a possibility until the end of the year the price will reach $7000.

You mean until the end of the days I suppose ...


Title: Re: Why bitcoin can never go past $7000
Post by: chickenfried12 on November 01, 2017, 10:28:17 AM
it s really big  step for pass 6500 $ btc > what we are do now ? we can imagine near 7000$  what is last end of year  price ? ow my god .. near i think band of 8000 $ . we will see what is news and  who supporting btc about the market wait and see ..


Title: Re: Why bitcoin can never go past $7000
Post by: AE on November 01, 2017, 10:34:13 AM
it s really big  step for pass 6500 $ btc > what we are do now ? we can imagine near 7000$  what is last end of year  price ? ow my god .. near i think band of 8000 $ . we will see what is news and  who supporting btc about the market wait and see ..

Lol end of the year is a loooooooooooooooooooooong time. If it happens it happens in Novemeber.

But who knows, the crypto world is difficult to guess, it can suddenly change the direction. nobody knows. :D Maybe Billl Gates decided to invest a few Billion or some old guy with 100k BTC wants to start his multimillonaire life and sells off.


Title: Re: Why bitcoin can never go past $7000
Post by: mikki14 on November 01, 2017, 01:25:46 PM
BTC ia already 6500$ that 7k will happen in no time. You just have to be patient. Don't be in a hurry. My friend sold his btc when the price hits 6k, now he regrets his decision. Don't be bothered by the occasional price drops, it's normal.


Title: Re: Why bitcoin can never go past $7000
Post by: fulmetal08larz on November 01, 2017, 02:21:48 PM
In my opinion, OP has a point for a pessimistic and conservative investor. Probably, they already unloaded and sold most of their bitcoins now because they are seeing that bitcoin's current price is very high and possibly, already gained enough profit. If you are an optimistic investor, the $6,000 to $7,000 range is not yet bitcoinís price at its full potential and is aiming for a six digit price of bitcoin in maybe 3-5 years. We all have different perception when it comes to investment.


Title: Re: Why bitcoin can never go past $7000
Post by: Eugenar on November 01, 2017, 02:32:26 PM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
Actually it really can. You just need to consider the situation where it is currently at. Thee's an incoming hardfork and probably that makes it hard for Bitcoin's value to increase but maybe things will change afyer the segwit 2x especially if it will succeed just like the last fork 2 months before August which made its market value to go skyrocket and to reach an amount of 4000 from 2800. Now that Biycoin has a value of more than 6000, there's a huge probability that it will reach a value of 7000 before this year end.


Title: Re: Why bitcoin can never go past $7000
Post by: atjiat on November 01, 2017, 06:14:27 PM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
Actually it really can. You just need to consider the situation where it is currently at. Thee's an incoming hardfork and probably that makes it hard for Bitcoin's value to increase but maybe things will change afyer the segwit 2x especially if it will succeed just like the last fork 2 months before August which made its market value to go skyrocket and to reach an amount of 4000 from 2800. Now that Biycoin has a value of more than 6000, there's a huge probability that it will reach a value of 7000 before this year end.
as to what forecasts have already sounded to date regarding this year, then the amount of Bitcoin's price was quite large. I think that everything depends on what kind of demand will be on Bitcoin and how many people will want to invest their money in the crypto currency.


Title: Re: Why bitcoin can never go past $7000
Post by: AE on November 01, 2017, 06:48:55 PM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
Actually it really can. You just need to consider the situation where it is currently at. Thee's an incoming hardfork and probably that makes it hard for Bitcoin's value to increase but maybe things will change afyer the segwit 2x especially if it will succeed just like the last fork 2 months before August which made its market value to go skyrocket and to reach an amount of 4000 from 2800. Now that Biycoin has a value of more than 6000, there's a huge probability that it will reach a value of 7000 before this year end.
as to what forecasts have already sounded to date regarding this year, then the amount of Bitcoin's price was quite large. I think that everything depends on what kind of demand will be on Bitcoin and how many people will want to invest their money in the crypto currency.

Yeah, supply and demand that is very logical? But how to forecast Bitcoin demand? Much is in few hands.

I think a major correctoin is overduw, but I was often wrong in the past, so maybe also this time. :D BTC price will be higher in 30 years, that is sure, but price in one year, I do not know.


Title: Re: Why bitcoin can never go past $7000
Post by: DustyRah on November 01, 2017, 08:14:40 PM
Forget about $7000, I think Bitcoin will reach $70,000 before we all know it. Anyone without Bitcoins at that time will look like an idiot just as people said Bitcoin would not reach $5000 and then were left with a empty paper bag.

Bitcoin is one of the best assets to HODL as well. And therein lies one of the factors that's driving up the price. There are lots of HODLERs creating a demand situation which cannot be met. On top of that, a lot of people are losing their private keys or wallet, reducing the quantity even further.

What about the upcoming halving in 2020 which should get priced in at the end of 2019 or beginning of 2020.


Title: Re: Why bitcoin can never go past $7000
Post by: Syke on November 01, 2017, 08:20:27 PM
Forget about $7000, I think Bitcoin will reach $70,000 before we all know it.

Damn you, you just made me pee my pants with excitement.


Title: Re: Why bitcoin can never go past $7000
Post by: AE on November 01, 2017, 08:21:11 PM
Forget about $7000, I think Bitcoin will reach $70,000 before we all know it. Anyone without Bitcoins at that time will look like an idiot just as people said Bitcoin would not reach $5000 and then were left with a empty paper bag.

Bitcoin is one of the best assets to HODL as well. And therein lies one of the factors that's driving up the price. There are lots of HODLERs creating a demand situation which cannot be met. On top of that, a lot of people are losing their private keys or wallet, reducing the quantity even further.

What about the upcoming halving in 2020 which should get priced in at the end of 2019 or beginning of 2020.

Yeah, but such huge sums will not be mobilized in such a short period of time. It takes 10 more years to 70k BTC. We have seen a rally from 250 USD to now. Dont expect this trend will hold forever.


Title: Re: Why bitcoin can never go past $7000
Post by: Remember remember the 5th of November on November 01, 2017, 08:24:02 PM
Forget about $7000, I think Bitcoin will reach $70,000 before we all know it. Anyone without Bitcoins at that time will look like an idiot just as people said Bitcoin would not reach $5000 and then were left with a empty paper bag.

Bitcoin is one of the best assets to HODL as well. And therein lies one of the factors that's driving up the price. There are lots of HODLERs creating a demand situation which cannot be met. On top of that, a lot of people are losing their private keys or wallet, reducing the quantity even further.

What about the upcoming halving in 2020 which should get priced in at the end of 2019 or beginning of 2020.

Yeah, but such huge sums will not be mobilized in such a short period of time. It takes 10 more years to 70k BTC. We have seen a rally from 250 USD to now. Dont expect this trend will hold forever.
Liquidity! Just because the price may seem like it's 7k or 70k, doesn't mean that there is enough FIAT or BTC to hold that price.

Imagine an order of just 1btc for 7000, and the next bid is at 6900, the market will say, hey the price is 7k, but in reality a single sell of 1BTC will result in the price being 6900.

This means just one guy can dump say like 100 btc or 1000, and instantly drop the price 1000-2000 dollars for instance.


Title: Re: Why bitcoin can never go past $7000
Post by: ssuchy on November 01, 2017, 08:49:04 PM
Forget about $7000, I think Bitcoin will reach $70,000 before we all know it. Anyone without Bitcoins at that time will look like an idiot just as people said Bitcoin would not reach $5000 and then were left with a empty paper bag.

Bitcoin is one of the best assets to HODL as well. And therein lies one of the factors that's driving up the price. There are lots of HODLERs creating a demand situation which cannot be met. On top of that, a lot of people are losing their private keys or wallet, reducing the quantity even further.

What about the upcoming halving in 2020 which should get priced in at the end of 2019 or beginning of 2020.

Yeah, but such huge sums will not be mobilized in such a short period of time. It takes 10 more years to 70k BTC. We have seen a rally from 250 USD to now. Dont expect this trend will hold forever.
I think that all the speculation around the price of Bitcoin does not make sense, because everyone realistically understands that the price of the coin itself is much higher than it is today. Therefore, even 50,000 or 100,000 may not be the limit. Of course it will show Only time, but nevertheless I believe in it.


Title: Re: Why bitcoin can never go past $7000
Post by: okala on November 01, 2017, 08:50:12 PM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
with all due respect sir, I was thinking of seeing a professional analysis on the reason why bitcoin may not go beyond $7000 but to find out that you are saying bitcoin is less volatile. I think the current price of $6539 has proved your speculation off and the price increase over  $1000 in just a day, about a week ago. The volatile is still there and many people are becoming aware of bitcoin daily.  I think, $7000 may be hit and above before 15th  of this months and we may hit $10,000 by the first quarter of next month.


Title: Re: Why bitcoin can never go past $7000
Post by: peter0425 on November 01, 2017, 09:50:45 PM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
with all due respect sir, I was thinking of seeing a professional analysis on the reason why bitcoin may not go beyond $7000 but to find out that you are saying bitcoin is less volatile. I think the current price of $6539 has proved your speculation off and the price increase over  $1000 in just a day, about a week ago. The volatile is still there and many people are becoming aware of bitcoin daily.  I think, $7000 may be hit and above before 15th  of this months and we may hit $10,000 by the first quarter of next month.

Bitcoin price is going to $66xx today, So still everyone doubted that it can reach $7000? I think the OP didn't understand that bitcoin is just like in a stocks wherein the price is stable. This is a speculative market, and it that scenario, there's no fair price because investors will continue to pour in their cash as long as there as good news that is coming its way.

Like Segwit2x, people are speculating that the price will pick up at we get closer to the actual implementation. So it may reach $7000 and even higher. And the good part is that we still have 2 months till the end of 2017. So $7000 is likely to be hit this year alone.


Title: Re: Why bitcoin can never go past $7000
Post by: Question123 on November 01, 2017, 10:13:59 PM
I think the price of bitcoin will reach 7k dollars this month or maybe this week because the price as of now it's already 6560 dollars and we need only 350 dollars to reach 7k dollars. But we don't know if its increase the price or decrease.


Title: Re: Why bitcoin can never go past $7000
Post by: tabas on November 01, 2017, 10:23:11 PM
I think the price of bitcoin will reach 7k dollars this month or maybe this week because the price as of now it's already 6560 dollars and we need only 350 dollars to reach 7k dollars. But we don't know if its increase the price or decrease.
It will happen, we just have to wait for it coming. Few more months or even after this month we can finally see bitcoin's price good at $7,000.

Forget about $7000, I think Bitcoin will reach $70,000 before we all know it.
Hell yeah, bring it on bitcoin but this is far from what I'm thinking. I'm even good even bitcoin will be reaching $10,000 soon.


Title: Re: Why bitcoin can never go past $7000
Post by: candy27 on November 01, 2017, 10:57:16 PM
The price has just jumped again - it's $6675!

It might actually hit $7000 by teh end of the week.

I've no idea who is buying - excitable people in Korea? Hedge funds? Banking types who want coins before all those futures contracts start getting traded on the Chicago Mercantile Exchange?

Who knows. It's WILD.
 


Title: Re: Why bitcoin can never go past $7000
Post by: thecodebear on November 01, 2017, 11:39:12 PM
The price has just jumped again - it's $6675!

It might actually hit $7000 by teh end of the week.

I've no idea who is buying - excitable people in Korea? Hedge funds? Banking types who want coins before all those futures contracts start getting traded on the Chicago Mercantile Exchange?

Who knows. It's WILD.
 


I think everyone wants more coins. Why wouldn't they! We're just at the start of this rocket ship.

I just bought a lot more myself the past ten days or so, with my last purchase earlier today. Will be making one more purchase in the next few days. Then I'll sit back and see what happens with the hard fork.


Title: Re: Why bitcoin can never go past $7000
Post by: gentlemand on November 02, 2017, 12:13:55 AM
So 3-4 days away from the thread beginning and it's now less than $200 away from achieving the figure the OP tells us is not possible. Classic copper bottomed Bitcointalk noob know it all fail timing. Just another of thousands who came before.

Even if it doesn't this time around, it will at some point in the next weeks and months.


Title: Re: Why bitcoin can never go past $7000
Post by: thecodebear on November 02, 2017, 12:55:31 AM
So 3-4 days away from the thread beginning and it's now less than $200 away from achieving the figure the OP tells us is not possible. Classic copper bottomed Bitcointalk noob know it all fail timing. Just another of thousands who came before.

Even if it doesn't this time around, it will at some point in the next weeks and months.


haha yes i was just gonna post this same thing. It's been 4 days since the OP made this ridiculous thread and bitcoin is now now $101 from him being wrong haha


Title: Re: Why bitcoin can never go past $7000
Post by: UnDerDoG81 on November 02, 2017, 01:20:29 AM
There are sooooo many people waiting the price to drop since it was @4000 ish... I donīt know where this will go but itīs insane at the moment.


Title: Re: Why bitcoin can never go past $7000
Post by: Khurram Bin Kamal on November 02, 2017, 01:31:46 AM
It's 6923 $ with in 4 days of your prediction OP  >:(


Title: Re: Why bitcoin can never go past $7000
Post by: Shinpako09 on November 02, 2017, 02:11:11 AM
Hey op it seems your prediction is wrong. We've almost at $7000 and it's not yet holiday season. How come if holiday season started, btc will say to you what is $7k, it's just nothing on me. I can go even higher(my thoughts).


Title: Re: Why bitcoin can never go past $7000
Post by: migolmigol on November 02, 2017, 02:19:19 AM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price.

I was expecting to read more reasons backed with analytical evidence even if its historical to support this your argument but no I didn't get but only about the decreasing volatility which to me is just normal. If you really understand the way bitcoin price works you will realise that at any point in time, there is always a calm or stagnant period which is what is being witnessed. This stagnant period can sometimes take a short number of days or sometimes weeks unless something big happens to either push the price higher or lower, we expect to be within range.

The price will go about the range you talking about if the BTG issue that didn't get the amount of coverage could get price to this range, I expect the upcoming one in November to do more than this and it's possible.

I agree to the reply of sir. Having your title thread like that is a big judgement statement making me and others think that you may have a strong argument that Bitcoin price can not go over $7000. But when I opened it, you lack a lot of data and analysis to support your statement. Yes, you may be right and we may be wrong. No one can predict it 100%. But when making predictions like this we need to have both fundamental and technical analysis. There are a lot of factors affecting it's price and we need to see the bigger picture to have good price prediction.


Title: Re: Why bitcoin can never go past $7000
Post by: nanobtc on November 02, 2017, 04:03:46 AM
This thread brought to you by Google Translate, Babelfish, and all the others.


Title: Re: Why bitcoin can never go past $7000
Post by: thecodebear on November 02, 2017, 06:42:14 AM
there we go. it just broke $7000. took just over 4 days since the original post! end of thread guys!


Title: Re: Why bitcoin can never go past $7000
Post by: PDAngel on November 02, 2017, 07:52:45 AM
Near the time to crashed over $7,000. Why not bitcoin can never go past this price? No, it is time problem only. There we go. We will wait on latest at 3rd November, our price will above $7000. This topic of OP dont worthy anymore.


Title: Re: Why bitcoin can never go past $7000
Post by: BeetcoinScummer on November 02, 2017, 08:52:58 AM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

Hey! Why don't you start a "$15,000? Impossible! We will never get there!" thread.

I could sure use the extra money.


Title: Re: Why bitcoin can never go past $7000
Post by: gentlemand on November 02, 2017, 09:52:05 AM
What an absolute tosser.


Title: Re: Why bitcoin can never go past $7000
Post by: Ayiranorea on November 02, 2017, 10:34:01 AM
there we go. it just broke $7000. took just over 4 days since the original post! end of thread guys!
Finally everything took place in unexpected time period. All the users were focused targeting $6500 to be reached once after breaking the price barrier of $6000. Now the price has gone crossing $7000, which has given the users that bitcoin can reach very big milestones if the support for it keeps on counting.


Title: Re: Why bitcoin can never go past $7000
Post by: adam1230 on November 02, 2017, 10:35:43 AM
We already passed 7000$ so now? lets be more serious about crypto coins. Try to open your mind and see its going for over 100.000$ in few years.
Its time to be hodler for all crypto coins.


Title: Re: Why bitcoin can never go past $7000
Post by: alekad on November 02, 2017, 10:53:10 AM
So never say never with cryptocurrerncies...


Title: Re: Why bitcoin can never go past $7000
Post by: noel2123 on November 02, 2017, 10:53:26 AM
We already passed 7000$ so now? lets be more serious about crypto coins. Try to open your mind and see its going for over 100.000$ in few years.
Its time to be hodler for all crypto coins.

correct please don't put ceiling when it comes to bitcoin price you are just fooling yourself because we all know that bitcoin price is limitless the more people demand for it the more value it will gain as many Large companies and corporations has already acknowledged bitcoin we can expect that bitcoin price will continue to rise and rise.


Title: Re: Why bitcoin can never go past $7000
Post by: CuriousGeorge on November 02, 2017, 11:22:33 AM
We already passed 7000$ so now? lets be more serious about crypto coins. Try to open your mind and see its going for over 100.000$ in few years.
Its time to be hodler for all crypto coins.

correct please don't put ceiling when it comes to bitcoin price you are just fooling yourself because we all know that bitcoin price is limitless the more people demand for it the more value it will gain as many Large companies and corporations has already acknowledged bitcoin we can expect that bitcoin price will continue to rise and rise.
Bitcoin can go beyond $10,000 because the supply limited to 21mln while people in this world, as you can see, billions. It's just really crazy seeing the price increase at the current time.
Just like OP, he didnt have the faith to btc, and now proven to be wrong, brace your self guys, there might be some corrections ahead that dump the bitcoin world but 1 thing the most important, it will increase again just like today.


Title: Re: Why bitcoin can never go past $7000
Post by: hazukison on November 02, 2017, 11:22:39 AM
Bet OP feels like a bit of a cock now  ;)


Title: Re: Why bitcoin can never go past $7000
Post by: LFC_Bitcoin on November 02, 2017, 11:32:26 AM
Bet OP feels like a bit of a cock now  ;)

Yeah hilarious when people make these retarded threads. Iíve seen hundreds over the years Ďbitcoin will crash to 0í
Etc etc - You think people would learn that things like this can come back to bite you in the ass.


Title: Re: Why bitcoin can never go past $7000
Post by: jackhdt on November 02, 2017, 12:01:45 PM
the price has surpassed $7000. The time to answer these questions.
I don't think Bitcoin will stop at $7000 this year. In the past month we see about bitcoin is positive. Why do you ask this question?


Title: Re: Why bitcoin can never go past $7000
Post by: Rooster101 on November 02, 2017, 12:13:10 PM
Predicting the price outcome of bitcoin is futile, just hop in for its roller coaster ride as it is already hit $7350 and then crashes below $6800 again. Bitcoin might continue to try to penetrate past the $7000 again in the next few days or will stay below it. If the bitcoin surpassed the $7000 level, $8000 will not be far behind.


Title: Re: Why bitcoin can never go past $7000
Post by: TheFlynn49 on November 02, 2017, 12:26:26 PM
this thread is an epic fail template
reminds me IPCC predictions.


Title: Re: Why bitcoin can never go past $7000
Post by: sam53 on November 02, 2017, 12:48:22 PM
there we go. it just broke $7000. took just over 4 days since the original post! end of thread guys!
Finally everything took place in unexpected time period. All the users were focused targeting $6500 to be reached once after breaking the price barrier of $6000. Now the price has gone crossing $7000, which has given the users that bitcoin can reach very big milestones if the support for it keeps on counting.
Crazy price! ;D The current price of Bitcoin made me crazy with its value. After wake up, I have see the price of Bitcoin has been passed $7,000 from $6,400 lol. But it can't make me happy, because I sold all my Bitcoin at $4,000 and bought altcoin with high price. :-[


Title: Re: Why bitcoin can never go past $7000
Post by: thecodebear on November 02, 2017, 01:31:04 PM
there we go. it just broke $7000. took just over 4 days since the original post! end of thread guys!
Finally everything took place in unexpected time period. All the users were focused targeting $6500 to be reached once after breaking the price barrier of $6000. Now the price has gone crossing $7000, which has given the users that bitcoin can reach very big milestones if the support for it keeps on counting.
Crazy price! ;D The current price of Bitcoin made me crazy with its value. After wake up, I have see the price of Bitcoin has been passed $7,000 from $6,400 lol. But it can't make me happy, because I sold all my Bitcoin at $4,000 and bought altcoin with high price. :-[


You should keep most of your bitcoin for long term storage and never sell until it is at least in the 6 figures.


Title: Re: Why bitcoin can never go past $7000
Post by: starblocks on November 02, 2017, 02:28:40 PM
What an absolute tosser.

I kind of agree with you there ;)

It wouldn't be too hard to fathom that it could blast through $8,000 soon considering the current momentum


Title: Re: Why bitcoin can never go past $7000
Post by: sasaku bitbit on November 02, 2017, 02:46:19 PM
in my opinion the price of bitcoin will always get through $7000 could even surpass rather than a few days ago that is being endured in the numerals $6700. but now the current price of bitcoin turns to get through on the number $7008 quickly, I would expect the bitcoin will always rise up to at the end of the year 2017 to provide a surprise new year 2018 with positions are always in the month to make us happy and it will smile excitedly.


Title: Re: Why bitcoin can never go past $7000
Post by: DustyRah on November 02, 2017, 03:41:19 PM
Bagged and tagged 7k~


Title: Re: Why bitcoin can never go past $7000
Post by: marcuslong on November 02, 2017, 04:40:05 PM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
Bitcoin price already breach the wall of your prediction and yet you still doubt with bitcoin , bitcoin is unstopable now it will become at its finest see the graph of bitcoin and other companies that are implenting bitcoin into there business that is the best and the bitcoin still growing into our economy which they will keep bitcoin into the next level since we are in the new generation already.


Title: Re: Why bitcoin can never go past $7000
Post by: -Sinner- on November 03, 2017, 10:27:24 AM
well, it seems you were terrible wrong?
Now i'm waiting for next post " btc will never reach 8.000$".


Title: Re: Why bitcoin can never go past $7000
Post by: macchiato on November 03, 2017, 12:12:57 PM
But it already did? Way to go Bitcoin! I just hope it's price won't crash from gold to nothing this coming year.


Title: Re: Why bitcoin can never go past $7000
Post by: Hexah on November 03, 2017, 12:36:57 PM
Now you know that it touch downed on this day of what you don't think it can reach at this year, hope you know now that bitcoin will surpass $10000 just in 2018 and that speculation of  mine is what I will be waiting to happen. Indeed altcoins are pumping too but bitcoin is on the run too and no one can control now on it's pumping. So, better keep some bitcoins right now and I will really wait for the coming of bitcoin's value on $10k even not by 2018 but in the coming years.


Title: Re: Why bitcoin can never go past $7000
Post by: coinholic on November 03, 2017, 12:56:03 PM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
Well now, your post was made just a week ago and you stated that bitcoin will never go past $7000. But look at it now, playin between $7100 and $7300. Crazy huh? So I guess we can never say never. Bitcoin is just goin up up and away! As if itís a coin that drastically mutated in just a short time! Haha! Lucky you early ones...the coin is now with you... ;)


Title: Re: Why bitcoin can never go past $7000
Post by: Drnice on November 03, 2017, 02:45:34 PM

Bitcoin is still fairly new to some, so I believe there is still room for growth. :)

That's true more people are getting into the crypto market and many have not been convinced about bitcoin and blockchain, while the others have not even heard of it. So, as time goes on, they will come in and which will push the price even higher.


Title: Re: Why bitcoin can never go past $7000
Post by: xFiber on November 03, 2017, 03:04:35 PM
Now you know that it touch downed on this day of what you don't think it can reach at this year, hope you know now that bitcoin will surpass $10000 just in 2018 and that speculation of  mine is what I will be waiting to happen. Indeed altcoins are pumping too but bitcoin is on the run too and no one can control now on it's pumping. So, better keep some bitcoins right now and I will really wait for the coming of bitcoin's value on $10k even not by 2018 but in the coming years.
2017 was certainly the year of bitcoin. Altcoins had a nice period (in the summer) when lots of them flourished but at the arrival of fall, lot's of them fell to extreme lows. The whole 2x drama will decide whether 2018 will be another bitcoin year or not.


Title: Re: Why bitcoin can never go past $7000
Post by: Fafabol on November 03, 2017, 03:10:45 PM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
Well now, your post was made just a week ago and you stated that bitcoin will never go past $7000. But look at it now, playin between $7100 and $7300. Crazy huh? So I guess we can never say never. Bitcoin is just goin up up and away! As if itís a coin that drastically mutated in just a short time! Haha! Lucky you early ones...the coin is now with you... ;)

This just only proves that any thing can happen to bitcoin.
And now many are taking profit for holding their coins before like HODLing is real! And we can expect more things to unfold before this year end so just hold it tight.


Title: Re: Why bitcoin can never go past $7000
Post by: Barbut on November 05, 2017, 10:32:16 AM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
Well now, your post was made just a week ago and you stated that bitcoin will never go past $7000. But look at it now, playin between $7100 and $7300. Crazy huh? So I guess we can never say never. Bitcoin is just goin up up and away! As if itís a coin that drastically mutated in just a short time! Haha! Lucky you early ones...the coin is now with you... ;)

This just only proves that any thing can happen to bitcoin.
And now many are taking profit for holding their coins before like HODLing is real! And we can expect more things to unfold before this year end so just hold it tight.

This proves that many never's actually happened with bitcoins, this is one more pessimistic thread and of course what happened is exactly to opposite from what OP stated. Anything can happen with bitcoin price, saying never together with bitcoins in same sentence is not smart. Bitcoin price is at new ath and we can hit 8.000$ very soon, or more bitcoin is running up in past few weeks and just some big stupid and bad news can stop this rise and maybe push it back. On first page in speculation section I see couple threads that point out some hack or big dumping from bitcoin holders that can make some price corrections.


Title: Re: Why bitcoin can never go past $7000
Post by: BitcoinIsAlgebraic on November 05, 2017, 11:03:43 AM
Now you know that it touch downed on this day of what you don't think it can reach at this year, hope you know now that bitcoin will surpass $10000 just in 2018 and that speculation of  mine is what I will be waiting to happen. Indeed altcoins are pumping too but bitcoin is on the run too and no one can control now on it's pumping. So, better keep some bitcoins right now and I will really wait for the coming of bitcoin's value on $10k even not by 2018 but in the coming years.
2017 was certainly the year of bitcoin. Altcoins had a nice period (in the summer) when lots of them flourished but at the arrival of fall, lot's of them fell to extreme lows. The whole 2x drama will decide whether 2018 will be another bitcoin year or not.

Altcoins get short term hype which creates a lot of people money which then they later convert into Bitcoin which I think is good for the value of bitcoin but shouldn't be encouraged. 2017 was a year for Bitcoin but its still unclear whether or not its a bubble.


Title: Re: Why bitcoin can never go past $7000
Post by: Domenc on November 05, 2017, 01:04:04 PM
Well , i strongly disagree that the bitcoin volatility is decreasinhg. I mean look at the market . Bitcoin is flourishing day by bay . At this moment the hiking value of bitcoin does not support your point .
Talking about bitcoin never going past $7000 , you must check the market now . Bitcoin is approximately $7330 which clearly indicated that it is already past $7000 and it may also go past $8000.  It is not predictable as fiat money . Every time an unusual thing happens in the bitcoin market.


Title: Re: Why bitcoin can never go past $7000
Post by: Iveyalla on November 05, 2017, 05:07:52 PM
And now, $7K has happened to bitcoin. This isn't about the difficulty for bitcoin to get past it. But about the strong bitcoin holders beliefs about the future so they are not tempted to sell btc. And this is what supports bitcoin over $7K now.


Title: Re: Why bitcoin can never go past $7000
Post by: Eternu on November 05, 2017, 05:29:56 PM
You are partially right, there will be a correction of price soon. But I don't agree that price can't go more than 7000$. Today price of Bitcoin was areound 7400$ , and after fork and SegWit2x it will go even more up. Who can say with certainty how much 1 Bitcoin is worth?  As long as people are buying, price will go up. How much? Only time will tell.


Title: Re: Why bitcoin can never go past $7000
Post by: franco123 on November 06, 2017, 06:31:46 AM
That's what they also said years ago when Bitcoin was just starting to increase. And now, it is also continuing it's boom and I think it will also pass $7000 in the next year of maybe 1st or 2nd quarter. Sure Bitcoin is veey volatile. But it can always go a long way. It may have price drops that can be really shocking but Bitcoin has proven itself that it can recover and even come back stronger.

Also if you will be giving that strong statement, better yet explain it further and back it up with analysis, may it be fundamental or technical. Graphs can also be used for stronger points.


Title: Re: Why bitcoin can never go past $7000
Post by: Mehedi72 on November 06, 2017, 02:48:23 PM
Bitcoin already cross 6000$ and now 1 Bitcoin equals 6028.06 US Dollar.  Always believe in bitcoin and the price of bitcoin is raising so fast and
 if the price continue to growing in this way then  i think  bitcoin obviously can hit 7000$ or more before the end of this year


Title: Re: Why bitcoin can never go past $7000
Post by: Bitfyer on November 06, 2017, 02:57:30 PM
I just came here to leave my laugh.
Hahahahahahahahah
It seems that someone was wrong


Title: Re: Why bitcoin can never go past $7000
Post by: -Sinner- on November 06, 2017, 06:53:25 PM
I just came here to leave my laugh.
Hahahahahahahahah
It seems that someone was wrong

yep , in couple years, he will make a thread " why bitcoin can never go over 100.000$


Title: Re: Why bitcoin can never go past $7000
Post by: HalfDeck on November 06, 2017, 07:04:02 PM
Bitcoin already cross 6000$ and now 1 Bitcoin equals 6028.06 US Dollar.  Always believe in bitcoin and the price of bitcoin is raising so fast and
 if the price continue to growing in this way then  i think  bitcoin obviously can hit 7000$ or more before the end of this year
Are you kidding me? The current price of Bitcoin is more than $7,000? Do you have update your information before post this post??? Currently, this thread is wrong because the Bitcoin price has passed this target and I think next target should be $10,000 for Bitcoin. Haha.


Title: Re: Why bitcoin can never go past $7000
Post by: bitcoin31 on November 06, 2017, 09:20:41 PM
If you see the price today of bitcoin is already 7200 dollars plus and im very happy for that. I think if you boight bitcoin when the price is lpwer than 6k dollars and you sell it now you can make some profit. I hope the bitcoin price will continue to increase so we can make more profit in the future. More bitcoin more money to come.


Title: Re: Why bitcoin can never go past $7000
Post by: bohr on November 10, 2017, 05:48:17 AM
The "Assholes" ( bankers/lawyers) are now in control of BTC, and they'll  fuck her to death, and leave her with junky marks on her arms on a dark-street when they're done.

Libertarians & Crypto-Anarchists saw BTC as once in a life-time chance to be free of the assholes, but the assholes just see this as another daily way to FUCK and enslave the masses.


Everytime a whale dump his coins, a bankster will be buying it. And the more the bankster buy, the more they take the power from the whales.

That's why the pump and dump strategy is now dangerous. Whales cant do that anymore without risking their coins being sold to a bankster. You dont know to who you are selling your coins.

With the banksters in control of a big stash of BTC, its only a matter of time until bribing the miners to undermine the nodes, as the nodes are the last resistance to bankster domination. Bigger blocks means bigger chains, impossible to synch for the ordinary user. So only banksters will run it, in big databanks, centralizing it to their power.

They will not destroy bitcoin, but they will use it for a global currency, run by nodes in big databanks that only them can afford to buy. This currency will only be able to run through smartphones, without a downloaded blockchain and without any security.



Bankers are not as interested in adopting bitcoin as they are in trying to destroy it, they are not going to be very happy of giving up their power and just being whales instead of being the ones that control the world, they may be doing that in order to create a safety net in case they fail but make no mistake they want to destroy bitcoin and all alts except those that they control themselves.


Title: Re: Why bitcoin can never go past $7000
Post by: Mr.grin on November 10, 2017, 06:11:32 AM
actually bitcoin has a higher potential than that price. well, the current bitcoin price is above $ 7000. and, I guess bitcoin still has a greater potential at this point to have a higher price. essentially the potentials on the bitcoin are endless.


Title: Re: Why bitcoin can never go past $7000
Post by: Pinoccio11 on November 10, 2017, 06:14:19 AM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point
You know at the beginning of the year, too, there were people who spoke, but you that the maximum of 5k will be, where to him the threshold to pass, now I see raised the bar. It's all fortune telling, how can it happen and not. We can only wait time to understand this.


Title: Re: Why bitcoin can never go past $7000
Post by: Casdinyard on November 10, 2017, 08:40:52 AM

Bitcoin is still fairly new to some, so I believe there is still room for growth. :)

That's true more people are getting into the crypto market and many have not been convinced about bitcoin and blockchain, while the others have not even heard of it. So, as time goes on, they will come in and which will push the price even higher.

We can assess that bitcoin is still blooming in the market and we're just in the early stage and bitcoin always wants to have its spotlight.
And while it touched its new ATH it created buzz in wall street and in the mouth of many people as so they're rushing to have some pieces. We believe that we can end the year with a big bang of $10000 as segwit2x got canceled.


Title: Re: Why bitcoin can never go past $7000
Post by: bohr on November 16, 2017, 04:09:03 AM
well, it seems you were terrible wrong?
Now i'm waiting for next post " btc will never reach 8.000$".
We get threads like this all the time, if you dig the forum you will see people claiming bitcoin will never reach 10 dollars and Iím sure now we are going to get threads saying that we are not going to be able to get past 10000 dollars and yet bitcoin is going to do it, it is just a matter of time and all the bitcoin long term holders know that and that is why many people despite the high prices are not going to sell.


Title: Re: Why bitcoin can never go past $7000
Post by: mharz on November 16, 2017, 05:16:37 AM
Bitcoin value are already touched $7000 and also go past this value, but if it is experience some fall down of price it not means that we need to panic selling. Because I'm sure that after this bitcoin fall down it will raising up again.
Moreover for now it is better if we hold our bitcoin because I'm confident that this crypto currency reach $10,000 on he following days.


Title: Re: Why bitcoin can never go past $7000
Post by: semarmesem195 on November 16, 2017, 05:39:50 AM
Probably not for this year bitcoin can pass $7000. Possible in 2018 bitcoin will reach $8000 or maybe even more than that. Be patient and wait for its development.


Title: Re: Why bitcoin can never go past $7000
Post by: Lagduf on November 16, 2017, 05:55:44 AM
Probably not for this year bitcoin can pass $7000. Possible in 2018 bitcoin will reach $8000 or maybe even more than that. Be patient and wait for its development.
It's already passed $7000 which mean this year bitcoin already achieve that but unfortunately gets dumped again, bitcoin's new ATH is $7500 and it's such a record before $6000 ATH.
this rate also reached within 2 weeks or more if I'm not mistaken, that's how awesome bitcoin could be in terms of price volatility.


Title: Re: Why bitcoin can never go past $7000
Post by: Izarok on November 16, 2017, 06:08:04 AM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

It will always break a certain mark and price point. Most of doubter says it will not break this price and that price point yet Bitcoin always rise above it. It is safe to assume that it will reach new all time high just wait and see.


Title: Re: Why bitcoin can never go past $7000
Post by: Beparanf on November 16, 2017, 11:18:37 AM
Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

It will always break a certain mark and price point. Most of doubter says it will not break this price and that price point yet Bitcoin always rise above it. It is safe to assume that it will reach new all time high just wait and see.
Let's just call it a relaxation period since by December it will pump too, i bet it will make another record before the year ends. It will be a good way to buy some now, well last few days were too good to buy.


Title: Re: Why bitcoin can never go past $7000
Post by: machinek20 on November 16, 2017, 11:27:04 AM
Bitcoin has passed so many expectation, bitcoin price and rising really cant be predictable, and the great things is when it reach certain level, it will drop down a while and reach another new record, and now it has passed 7k hopefully it can become stable at that point and will go up again in December


Title: Re: Why bitcoin can never go past $7000
Post by: Jonyshake71 on November 16, 2017, 12:42:31 PM
mate, wanna  say btc now changing world.  bitcoin price pumping  and  bitcoin price is already pump upto 7k$  and i just like to seeing it. bitcoin totally  change my life style . so people should use bitcoin for change their life. so i think its good time to investment now cause i think now its time to pumping


Title: Re: Why bitcoin can never go past $7000
Post by: Wayan_Pedjeng on November 16, 2017, 01:00:29 PM
It is trading at $7,000 right now and if you add the prices of Bitcoin Cash and Bitcoin Gold, then it is close to $9,000. You can't set a limit like $7,000. Because the exchange rates are solely dependent upon the supply-demand equilibrium.


Title: Re: Why bitcoin can never go past $7000
Post by: shiunsai on November 16, 2017, 02:52:46 PM
Bitcoin has already surpassed the price of $7k and now its going higher and higher and we can expect the same positive movement in coming months too and if price of bitcoins reaches to $8k in this month then there is high possibility that it can even hit $10k price by then end of the year or in the beginning of next year.


Title: Re: Why bitcoin can never go past $7000
Post by: Kemarit on November 16, 2017, 05:00:39 PM
Bitcoin has already surpassed the price of $7k and now its going higher and higher and we can expect the same positive movement in coming months too and if price of bitcoins reaches to $8k in this month then there is high possibility that it can even hit $10k price by then end of the year or in the beginning of next year.

Yes, bitcoin has already surpasses $7000 a few days ago and not trading at $7500. I think we can say that bitcoin is already back because we haven't seen much swing in the last 2 days. So the prediction that it can hit $10000 at the end of the year is looking good at the moment. And then there is the CME speculation still going around. So this positive wave of news will really push the price of bitcoin to the 5 digits in no time.

Really happy to see that we are back on track after attempts by the other camp to pull the price. They have succeeded initially, but investors wasn't deter by this attacks and instead continue to buy it at a discount and now they are very satisfied that they make the correct decision to stick on bitcoin ecosystem.


Title: Re: Why bitcoin can never go past $7000
Post by: nanobtc on January 26, 2018, 11:31:35 PM
Authoritative newbie threads can be funny, on any forum. The OP had a total of 13 posts. I hope he played it safe, and got out at $7000. 


Title: Re: Why bitcoin can never go past $7000
Post by: carlisle1 on January 27, 2018, 02:51:31 AM

Bitcoin is still fairly new to some, so I believe there is still room for growth. :)

That's true more people are getting into the crypto market and many have not been convinced about bitcoin and blockchain, while the others have not even heard of it. So, as time goes on, they will come in and which will push the price even higher.

We can assess that bitcoin is still blooming in the market and we're just in the early stage and bitcoin always wants to have its spotlight.
And while it touched its new ATH it created buzz in wall street and in the mouth of many people as so they're rushing to have some pieces. We believe that we can end the year with a big bang of $10000 as segwit2x got canceled.
if only those who speculate about bitcoin price would have a second look in this thread,i think they will just have a snap on their head and says,DID I SAY THIS WORD?as bitcoin reaches $20,000 before 2017 ends just a month after this thread has been tackled.

Though bitcoin suffering from a huge losses this days,still trying to recover to have $15000 or more again


Title: Re: Why bitcoin can never go past $7000
Post by: dinofelis on January 27, 2018, 07:10:45 AM
Authoritative newbie threads can be funny, on any forum. The OP had a total of 13 posts. I hope he played it safe, and got out at $7000. 

So much for "volatility is decreasing, it is stabilizing, soon it will be a currency"  ;D


Title: Re: Why bitcoin can never go past $7000
Post by: ipanks on January 27, 2018, 11:59:29 AM

Bitcoin is still fairly new to some, so I believe there is still room for growth. :)

That's true more people are getting into the crypto market and many have not been convinced about bitcoin and blockchain, while the others have not even heard of it. So, as time goes on, they will come in and which will push the price even higher.

We can assess that bitcoin is still blooming in the market and we're just in the early stage and bitcoin always wants to have its spotlight.
And while it touched its new ATH it created buzz in wall street and in the mouth of many people as so they're rushing to have some pieces. We believe that we can end the year with a big bang of $10000 as segwit2x got canceled.
if only those who speculate about bitcoin price would have a second look in this thread,i think they will just have a snap on their head and says,DID I SAY THIS WORD?as bitcoin reaches $20,000 before 2017 ends just a month after this thread has been tackled.

Though bitcoin suffering from a huge losses this days,still trying to recover to have $15000 or more again

many people waiting for the price increase more than $15k again and I don't think that they want to see the price down below $10k and I think the price will create another highest price in this year. but if somehow, there is a bad thing that happens with bitcoin then the price could down and reach below $10k and there will be a panic moment from the people.


Title: Re: Why bitcoin can never go past $7000
Post by: romero121 on January 27, 2018, 03:22:52 PM
Bitcoin is highly volatile in nature. The same into consideration any kind of price move would take place irrespective of the time period. Each and every user need to be prepared to face any sort of price dump and bump. In this regard it is impossible to say that bitcoin won't go past $7000.


Title: Re: Why bitcoin can never go past $7000
Post by: 214missy on January 28, 2018, 11:29:33 AM
Well sorry bitcoin has been passed already $7k and so many expectation, bitcoin price and rising really cant be predictable, and the great things is when it reach certain level, it will drop down a while and reach another new record, Most of the btc investor invest their money for getting what they deserve and hope. They think that it might be never grow up more.