Bitcoin Forum

Everybody knows about Bitcoin.
Why would X and Y but bitcoin at such high prices ? ($8000-1000) while BTC started from few cents.
Why would wall street join BTC ?
We wont see 20k lvl again. 10k is history.

I still believe that we will be able to see bitcoin in the price of 20k, the main thing now is not to panic and when dropping do not take it out!

If that is so why would people wait till it reaches 20k this should have been taken place at 1k or 2k ... Thing is the market is bearish due to heavy FUD, will go back to its all-time high this year

Why do we keep pretending we know where Bitcoin's going to be in the future?

Why do we keep saying we'll see ATHs, or that we'll never rise again... without even the barest of minimum supporting pieces of evidence shown?

It's just that we very quickly reached the level of 20 thousand $, now it takes time for the price to start growing again. We'll see bitcoin and over 20. Patient earn, and those who succumb to panic and sells, he remains nothing. after all, this is what they want - to make people sell.

Nobody knows what will happen to the price.

Crypto is less hyped in the media currently and probably there is some correlation. But this can turn very soon also...

There is shit in your mind. People like you are really worst to be in this forum who shared negative information about the bitcoin and alt crypto currencies. I knew you well that you scammed some person in the campaigning am I right!
If I am right, People like you should be banned and through out of this forum due to spread negativity false news against bitcoin.

Newbies do not believe that bitcoin goes to cheap. There are many people here earning from the scratch value. They are already made the 50+ bitcoins here in from the forum and elsewhere.

Don't you know about supply and demand, do you?
BTC was started from few cents because of low demand at the beggining.

Currently there are less than 17 million of BTC, if 1 billion of people wanna buy, so price will increase a lot, some peoples believes that bitcoin will hit $1 million someday.

And im sure that bitcoin will hit ath within some months.

I don’t think Bitcoin will stay at this level and never go to 20k anymore. This is clearly the fuds making the price dip. I am confident that bitcoin price will go up again and go beyond 20k.

We still can see 20k in bitcoin I think. We just need to believe in this coin and then it can reach what it is about to reach. I do hope that we can get profit from investing bitcoins. I believe it will happen someday. HODL.

Why? because limited quantity of bitcoin in circulation! and an increase of demands and users believing in it
the same principle for commodity and substance in real life. more demand low supply, market price will increase higher
the only thing that make bitcoin becomes cheaper if it becomes useless and worthless for investment or currency

Are you in a real hurry?
Many bitcoin starters do that and they tend to lose more because of panic of selling it once bitcoin loses just $100 of it.
There is a waiting time for all of this. Without patience you will just be risking your money.

Grow and look at the graph of bitcoin. Maybe it will make you realize there is so much room for bitcoin's growth.

Ah you're a dimwit. People buy at high prices, and even in bulk quantities, did you not know that? One may call it stupid but it's a strategy, people who buy in such bulk amounts are in no hurry to sell, they know what they are doing and they know individual investors don't know shit. Individual investors sell when they are forced to. So you're saying that bitcoin will never hit 20k, well I don't buy that, and no one else in their senses will do the same as me.

20k?

More like 50K... look at the history of the bitcoin. How much it was and how much its value has increased. There are plenty of wealthy people HODLing BTC just waiting for the price to fall even further. Do you honestly think they wont buy up as much as they can afford?

The guy that got me to pull the trigger on Crypto bought BTC at 2500$( a total of 2 coins ) he needed to cash out 6k for emergency home repairs but by that time 2 coins were worth 18k each a total of 36000 dollars. So he pulled out 6.000$ and the market fell and he still has around 20k of bitcoin left.

He already had 10k of fiat sitting ready to jump when bitcoin gets as close to 5k as possible.

Please sell all your bitcoin at a loss so I can get in cheap.

So much negative sense in this thread. There is no single serious reason to treat biggest market cap cryptocurrency as useless stuff. 20K$ is possible but we need to break strongly the 10k$ resistance level first. Wall street whales are looking for liquidity in markets and new joiners is best option to provide this whole on market depth because they dont have idea how market cycle turns.

It all depends on the condition of the level of confidence, thus affecting the rise and fall of bitcoin, but I am optimistic that many people believe bitcoin will reach the highest level as many people expect.

Bitcoin,and some altcoins,grew exponentially last year. Athough they have halved from their peaks they are still higher than same time last year. There needs to be a reason for price movements ie buying or selling. Due to recent bad press there has been a lot of selling.

hey!
It seems you feel a little upset becuse bitcoin and crypto stopped the bullrun
but you have to calm
we are early adopters and this is only the beginning of the journey
wall street is going to enter, they are testing bitcoin wit futures and asset management are going to enter very soon
2018 is the year of bitcoin!

but no one knows what will happen to bitcoin prices in the future, but we can help to make the bitcoin price persist and even keep crawling up by holding back the bitcoin we have and not getting into this panic.

One of the most optimistic predictors of Wall Street believes that the rate of bitcoin can "easily" double or even triple this year.

As the income of the younger generation grows, bitcoin will increasingly displace gold from the market.
Experts have repeatedly said that bitcoin can, at least in part, become a substitute for gold, building on this assumption its optimistic forecasts.

I believe that for now, it will not happen. But I think it is possible in the future. Value of bitcoin is not always down. It will not reach the $20k, it will reach more than that.

People jusut keep making assumptions without actually providing us any definable proof of how things are going to eventually going to turn up in the near future. No one can predict the future but only make assumptions.

You are totally off the OP. Totally wrong. Many people still don't know about crypto and what it does. Bitcoin has a limited supply. You can find much useful information if you care to read and understand or you just simply don't want to do that.

Why so negative? Just a week back on 5th Mar Bitcoin was $11k and on 5th Feb it was $6k so these ups and downs are part of the game.
yes some recent news like Facebook and Google banning crypto currencies ads is the one of the reason for the current FUD.


no its not pretending!!! Bitcoin can certainly be the future these fake ICOs are and stupid altcoins are the causing the FUD in Bitcoin market. Bitcoin is he heart line of crypto and we will see it will be more stronger and accepted worldwide. It dose not need to touch $20k so soon even if it take years it will be worth waiting.

This is not true we all know that in trading, there is always a time when supply is more than demand and that is what it leads to fall in price and after a while it turns then the price rises again and that is trading.

But bitcoin is now becoming popular, people now getting information about bitcoin trough different means and they are taking interest to invest money in bitcoin, i am sure tat bitcoin price will very soon cross 20k and is even not going to stay here but will continue its journy for a long long time. In fact fact has the ability to cross 50K, even some experienced traders are expecting the bitcoin price to cross 100K at the end of 2018

I also believe that bitcoin just started its popularity. Today is a good time for the investors to invest though its not really low price but the price is good to buy. Crypto currencies has its behavior to fall and rise up again. Today's price value of bitcoin at $8k is low but its a chance for the investors to invest because it is expected to rise again after a few days or months. Therefore, we will have the chance to gain higher profit.

i also still belive we will reach back soon over 10 000 $ and then we are on a normal an good prize !
The fast 20k rush was to havey and over sold ......





regards

They don't.


Why did they buy it before? And the time before that. And why are people buying it today?


Why wouldn't they?


Maybe. Maybe not. Maybe bitcoin will be worth hundreds of thousands in the future or maybe it'll be worth zero. Only time will tell.

If Bitcoin got from a few cents to 20.000$, it can get there again and more. Nothing has changed, people still buy Bitcoin and it will rise again. Almost every year there was a dump and everyone is like Bitcoin is dead and every time it came back, and it will again.

I'm not worried about anything because our community is huge and covers many countries in the World, if crypto loses market in China then it's only 20% and it will not make bitcoin die. whatever the worst always comes, just need optimism and trust. do not panic

As far as I know BTC's peak price is 19000 dollars!

Although BTC is not very expensive now, there is no legal place for BTC in many countries!

If the BTC is legal around the world, you can think of the price of only 21 million BTC!

I dont expect too much for this situation right now. btc price all ready drop and so many altr price also drop its a bad sign for market. no one can say when btc price hit 20 k but it is also good time to buy btc in a reasonable price i hope bad situation will be over soon.

It seems you are losing confidence in bitcoin. I believe we can see the value of bitcoin reaches 20k again. Now it is in trouble. The number of bitcoin sellers is higher than the number of buyers. I believe that it will soon overcome this difficult period

I think even though there are many people right now that know about bitcoin still we will somehow can reach 20k level because bitcoin price isn't stable so that it always have a possibility to dump as well as rise. I can sure that it cannot affect the price of the bitcoin by the person or the number of person who are using it. For me it is  a advantage because the more person knew about it, the price will also rise.

that will be a long time, maybe at the end of 2018

You are saying bitcoin will not reach again at $20000. I am announcing for you, that bitcoin definitely will be come again $20000 or may be more than it and we will see it in this year of 2018. I think you should remember your thread, because when bitcoin will come again at $20000 then you will see people have been trusted on bitcoin when bitcoin was $7604. 

Wall Street will go crazy over Bitcoin, because it is a relative small "commodity" that can be manipulated with institutional

capital. Bitcoin is also very volatile, so there are huge opportunities for them to make some good profits. A $100 price

movement in an hour, can yield a lot of profits if you are buying thousands of coins at a time. Yes, we will see $20,000

again, if Wall Street enters the scene.  ;)

Man, you really have something going on with that brain of yours. You must have snuffed in some pretty good sht, mind sharing? lol. But really, I think you should read a lot rather than waste your time blabbering about your stupidity and spreading fud which is influencing newbies in this industry negatively. I do not know if you are doing this on purpose or if you just believe this because someone told you so, but whatever the case, at least now you know it ain't right.

If you are telling that bitcoin would not hit 20k$ again the you are wrong mate bitcoin will rise not just 20k$ but more than on that because the correction of the market is now done, but if you are telling this is the last time we will see bitcoin in a lower price then it is and 10000$ bitcoin would be history and you are right we will never see bitcoin in 20000$ but in 50000$.

Thank you. No charts, no rationales, just random crystal ball thoughts. Supporting evidence would be nice.

I don't think so. as you said everybody's know bitcoin and with that more investorsvare joining in crypto market and the demand is also increasing and as the demand is increasing prices may increase too though current price is low this may consider due to bearish season but once fud and negative news will pass expect heavy rally to bitcoin price

Currently with its advantage, Bitcoin is gradually dominating its market. Those with the desire to not survive the 20 k is still need a long time. The more modern the technology, the more human it can not say.

the bitcoin bubble reached it's max regarding to the market scale and people is ability to invest safely, the next stage is making businesses adopt the crypto and accept it that will add more value and traffic and we will see more people investing and exchanging in the local markets .

Btc $6700 now.

On the contrary, I think it's because so many people know about bitcoin that is why we will hit $20000 again and go even further than that, especially in 2018. Once regulations set in and people know that they can trust the market enough to put their money in it then there will be a lot of new investors coming into the market with a lot of new money which will increase the price of bitcoin drastically.

The income of the young generation is growing and bitcoin will increase the movement of gold from the market. Experts say repeatedly that bitcoin can be plenty at least in part to substitute for gold and build this assumption with an optimistic view. 8)

Don't give up yet, There has still big chances to gain again 20K USD even in this year. Bitcoin is volatile for any reasons we know. Bitcoin was 9900 USD about two weeks ago, this week bitcoin just sudden dump again to 8100 USD. Maybe it's happening for the bad news, bing will ban crypto ads from July. But don't give up mate, we still have good chance to gain 20K USD in 2018.

I think you are missing a lot of points here. If I see on myself and I see that no one uses Bitcoin even though everyone probably have heard about it. I know only about 50 to 70 people from  around India who are Bitcoiners like me(maybe I have found a couple more in the local board). But still we can see a large population of every country is not using cryptocurrencies in the daily life so there is a huge scope for price increases because they are going to join the network in the near future.

i'll just quote cnbc

"The most popular cryptocurrency is bitcoin, with an estimated 5 percent of Americans owning some. The share of Americans who own several other well-known digital coins underscores how far these currencies have to go: Less than 2 percent of Americans own Ethereum and less than 1 percent own Ripple"

5% may be a bit high as it could be "have you ever owned bitcoin" rather than "do you own" the 2% eth is a tell on that

you have, best case scenario here 5 out of 100 people having ever touched it and you feel everyone is in?

seriously, quit just talking to people in the crypto space. this is probably the most undiscovered asset on the planet that is slowly growing. you don't even have institutions in the actual coins yet. futures just began 6 months ago

your post is literally like "everyone knows about oil. why it won't go higher" written in 1875

why we won't see 20k this year there is a really good argument for. why we won't ever see 20k again there is only one argument for and that is you believe it is going to zero.

You can not say that for sure because it's impossible, so I suppose you bought it when the price was too high and you sell at loss and so you decided to make this meaningless post


probably he sold with losses


Nope

1btc = $8260

Bitcoin is running now a panic time. For this time the price of bitcoin is not so good. I still believe that bitcoin has ability to reach 20k again as it has great potential. So we should not be worried about it. Strong hold can increase the value of bitcoin.

Yes everybody should know about bitcoin because bitcoin will be global currency. We would see the 20k price again at the end of year in december may be. No worry price will increase again.

No one knows the bitcoin for the future. Because already many people are predicting bitcoin, but the result is none of the right. So in my opinion, do not always think negatively about bitcoin prices that will not reach $ 20K because I think bitcoin prices are increasingly changing over the years. We can see that clearly if we look from 2009.

What is currently happening at present situation should not be the basis about the future price of bitcoin. Though it had suffered another bear market lately, but that doesn't mean it's the end of everything for bitcoin to grow further. I am very optimistic that bitcoin will still grow as many people believe it will and the people supporting bitcoin should still continue to invest especially this time the price is quite lower.

You really don't make a persuasive argument, in fact you give off the impression that you're quite the idiot.

Do you think the individual has any control over a market governed by supply and demand? When you see a friend buying an iPhone for $500, when you know the RRP is $1,000.... Do you hold off until the price drops to <$500? Probably not. People buy in at the price that is available regardless what the all time high was. Yes there are a subset of people who wait to buy the dips, but these are usually traders who know bitcoin will bounce. Normal people are risk average, and will not buy when the market is down.

Almost everyone knows about Bitcoin. And the price of Bitcoin is largely determined by the person who trades Bitcoin and is not determined by the number of people who know Bitcoin. But, i hope we'll see the new ATH in this year.

I actually think the price might go up and perhaps reach 20k.

It didn't start with few cents. It started from zero. What is the hype about Wall Street only simpletons are stupid enough to forgive them after what happened in 2008. As your name suggests you are indeed a noob.

I just want to say that bitcoin prices for the future no one knows. Probably just predict how bitcoin works. Do not think negatively like that because it will only haunt you if that's what you think. Positive thinking about bitcoin will be what in the future it is better!

Just like we never saw $1000 again, or never saw $200 again, or never saw $30 again, or never.....oh wait

If by posting here you want people to read and then give their ideas and opinions on your analysis, then I will give mine. Oh well, it is already in your bitcointalk username. LOL.  ;D

10K is history? Then you believe that it will not get back to that price anymore? If you are very much convinced of your analysis then why don't we try to have a bet on it? PM me if you are interested. We can have an escrow to be safe. Bitcoin is going to break $20,000 before December.

Everybody has heard or read about bitcoin. But only a tiny fraction know what bitcoin is. And no one among that tiny fraction can accurately predict the future value of bitcoin. Not being overly optimistic, but I am pretty sure bitcoin would break its previous high of $20,000.

i agree maybe we won't see 20k bitcoin price again, but its only happen in 2018. i mean this year was a tough year, but bitcoin still have a opportunity to reach a new high price record in the next year or future. what we need to do right now is keep believing and waiting for bitcoin. let the current bad situation become part of the process of historical formation in the future.

before bitcoin reach to $20k most people does not believe it even they says impossible to bitcoin reach to that price but in fact bitcoin already reach to that price last year and even though the current price still low if we compare from last year price but there will always be a chance to bitcoin repeat the history and high again and all we have to do is more patience to see it

Again a bit of panic due to the fact that bitcoin has gone down in price. This is normal, because at the end of last year it took off too quickly in price to $ 20,000. He needs more time to gather strength for further growth. We'll still see bitcoin for $ 20,000, and perhaps very soon. Just do not need to panic.

laughs, to me i think that is just making a difference there is i know it will get to 20k, wen btc was $100 but now is $8 to $9k so no need to panic about btc, just relax and feel free

Well, I beg to differ with the OPs opinion because the single correction is not a wise parameter to predict the future of Bitcoin. I believe that Bitcoin will not only recover the price but it will also a fresh all-time high level before next year. I am not a great fan of the number game so I won't comment any specific number here but the figure of $20K is definitely not far away considering the momentum of user base growth. Yes, we might see some turbulence in the price chart but it will move positively on a larger timescale.

Still have bitcoin price now 8k plus. Actually it price already set up start year 2018.i don't think now when the price Cross 15k up.we know price everyday get up increased or decreased. I like to fair soon going good up.

we wait until this year is over. if it does not have a change from 8k. then we probably will not be able to see the 20K figure for the future ....

Be here till the end of this year. By then the massive dump by the Mt Gox trustee will be over, and the exchange rates will resume their upward journey once again. Then, this question will become obsolete.

Don't be afraid! Bitcoin will go up again i am very sure, law of demand and supply will make it so. The 20k is even small,bitcoin soon rise up to 50k in 2020 due to more awareness of the people around the globe.

There is no one can predict what will be the price of bitcoin and how much it will increase because everybody knows bitcoin. Think about that the more increase for bitcoin user, the more demand increases but also there are more who contribute with these fall. No matter what happen, bitcoin becoming more popular which can be a way to have good gain in the future.

I see that no one uses Bitcoin even though everyone probably have heard about it. I know only about 50 to 70 people from  around India who are Bitcoiners like me.

I think 20K is not history. Bitcoin grew rapidly in three months last year. There are a lot of people who have got a huge profit. These people will have to sell the market for a long time. I believe bitcoin will return to 20K at a certain time.

I think that the drop of bitcoin is caused by a panic for today. But this is not an excuse to sell it. On the contrary, it is excellent to buy bitcoin at a low price and get a good profit in the coming years

The hype is dying and no one think bitcoin can get to that level. Bagholders are still saying the mantra of keep holding . If bitcoins fall to 3000, it is dead.It will take years before it goes back to 18000 usd.

why years for recover ?!!
if bitcoin fall to 1000 usd per btc for example .. i think prices can recover after some months

Everything can happen, all scenarios are possible... What I can say is that always BTC is suffering losing price, many people say things like "it's the end", "the bubble burst", "it won't recover anymore", "I told it was a Ponzi"... But then, sooner or later Bitcoin recovers itself once again and these people disappear for a while.

The hype can die and weaken Bitcoin, but it can't defeat it. Bitcoin have already survived for too long to die this way because a hype.
For now there isn't much to do besides repeating the mantra "keep holding".

I think this is not a pretense, what they say is their own expectations and confidence that we should invest as investors. it really does not mean much, high or low in value, the most important change in selling points that gives us a chance to make a profit.

I don't quite agree. Yeah at this point people would really be pessimistic about buying btc at a high price as of today's standards but once bitcoin claims mainstream acceptance both from the public and governments, I think 20k would be a meager target tonsay the least. It may not be at the same quick pace as before, but i'm confident we'll get to that point

Nobody believed last year that Bitcoin would reach $20k and everyone was expecting around $10k, same like last year Bitcoin would definitely reach at least $60 within this year end. the prediction of $60 within this year end was already been predicted by most experts, don't get panic and predict anything low and good price has to come and we need to just wait an watch.

In the short term it is impossible to see bitcoin at 20k because today many of them panic and sell their bitcoin, but in the long run bitcoin can increase and reach 20k, and I still believe the price of 20k will be achieved.

There is nonprobability yet if bitcoin is hoing to reach $20K because of the big dump these past months. One thing is for sire, bitcoin will rise up again but maybe not that high. Bitcoin has survived many times and it will survive again so need not to panic. Stay focus and positive.

Meet the path to NEW "ATH" by year end (2018):

Follow this analysis of Wyckoff Accumulation Schematic #1 at the following link:  https://bitcointalk.org/index.php?topic=4466954.0 (https://bitcointalk.org/index.php?topic=4466954.0)

https://www.tradingview.com/x/TFWR2NB6/