Being skeptical is alright because the thing about cryptomarket is that it is unpredictable. It may can even take a month for bitcoin to hit that $ 20k. Yes it is so unpredictable that maybe it will hit $50,000 next week then drop to $3000 next month |
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I do not think that it will happen anytime soon, we still need to cross the $10k barrier and that is not something easy to do, specially with this kind of market In your opinion what is stopping the price falling further or jumping past the $10,000 barrier? What aspects of the market are you pointing out? |
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That's a really big question. If people knows when it will happen then everyone will go off trading and be waiting the exact time to hop back in in order to make some easy and cool cash. Nobody knows.the last time we hit 20000$ we never saw it coming and it just happened.Though people and analysts will always try to guess when it will happen.
Yes when it hit $20,000 nobody saw it coming. It went from $200 to $20,000 in a short space of time, unbelievable. I think had lightening protocol been implemented at that point it would have taken massive step forward and been even higher today |
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For sure before end of this year 2018 it will bounce again and reach the $20,000 mark. In what we experienced now which is downfall, it is considered as a usual movements of the system and it making sense that it is really preparing to the next big movements that will happen. So it is better that we keep patience and still believe that the bull run are coming soon. So in your opinion Bitcoin will hit $20,000 before January 2019. Good I hope you are right  |
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November 13th, 2018.
See you back then with a quote to this reply.
Hhaha do you have crystal ball? How can you be so sure?  |
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In what we are experiencing now which is a long run of dip for sure that sooner or later it will bounce again and raise it's highest peak. For sure bitcoin will hit $20k in this year and as a lot of prediction by a huge of investors it can be surpass and beat it's year 2017 highest record so I think that the long run of dip has a very well purposes and I believe that it is preparing for the highest pump. Why do you think the price of Bitcoin will only be based around huge investors planning a pump and maybe dump? Surely the lightening protocol with lower transaction fees will be a key factor alongside general investment which will set the price for Bitcoin |
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Based on mining there are many costs are related so if you need to mine you need electric supply also cooling system also effort based on this who are doing this in a large scale they are more benefited also who are doing this at home they are getting less amount of profit because of external expense.
So in your opinion what is the answer? Is it still economically viable to mine? |
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I'm afraid that this year may not reach this amount, here are the forecasts:
Bitcoin price prediction for December 2018.
In the beginning price at 4778 Dollars. Maximum price $ 4778, minimum price $ 3733. The average for the month $ 4326. Bitcoin price forecast for the end of the month $ 4014, change for December -16.0%.
BTC is USD predictions for January 2019.
In the beginning price at 4014 Dollars. Maximum price $ 4982, minimum price $ 4014. The average for the month $ 4417. Bitcoin price forecast for the end of the month $ 4656, change for January 16.0%.
BTC is USD predictions for July 2021.
In the beginning price at 29903 Dollars. Maximum price $ 36781, minimum price $ 29903. The average for the month $ 32741. Bitcoin price forecast for the end of the month $ 34375, change for July 15.0% Well your forecasts spell doom and gloom for cryptos but to even think Bitcoin will be $4000 at end of December 2018 is a long stretch. Many people see it going upwards not downwards  |
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cryptocurrency market is unpredictable now so it's hard to forecast when we will see the price near $20 000 but I'm sure this price is really achievable. It was just earlier this year that the price hit $20,000 so there is no reason it will not get there again but when it might happen is the question. |
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I still believe on bitcoin and I know it can make a new all time high this year despite of so many challenges bitcoin are facing now. I think the regulations of the government can boost the price of bitcoin because many investors will come and i hope for more positive news about cryptocurrency around the world.
Maybe you are right. Maybe regulation will boost the price and give new life to crypto as newbies get involved because of the trust element increasing. |
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I think maybe at the end of the year
but probably not at the price as much as possible
depending on the movement in the last 3 months before the replacement of the year
Do you think that 3 months you refer to is about Bitcoin only or all crypto? Do you see all altcoins going up in value for the whole market or just Bitcoin and a few others? |
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I think a more pertinent question is when Bitcoin price will go back to $10,000 as it hasn't reached that price for more than 3months now.
After it reaches $10,000, then we can start to forecast when it will get to $20,000. Well you are right in that Bitcoin has not reached $10,000 for several months now. Using that price as a milestone first will give more of an indication about the pace of future increases. Since Bitcoin has struggled to gain price recently maybe $10,000 is a more realistic target to get to for the end of 2018 |
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I also believe that bitcoin will reach its highest price on the near future,I can't tell exactly the date and time.The $20,000 price will be the most awaited of everyone here in crypto world. Yes plenty of people are waiting and watching to see if that $20,000 price will be reached again soon |
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Some experts still believe bitcoin will reach 20k this year. I am more skeptical and I do not see this possibility happening this year, but maybe next year if the market helps Why do you think the remainder of this year will be about price consolidation? Why do you think the price might rise next year? Is it because of the low value of Bitcoin and altcoins right now? |
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It may happen this year still, history can repeat itself and people remember.
I think after a slow recovery back to $10k plus the FOMO will kick in and that is what will drive the market. So you think within 6 months Bitcoin will hit $10,000? Seems possible to me why not? |
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I think Bitcoin Be Back To $20,000 in this year. Bitcoin price will be depend on crypto market. It will be grow in buy or sell depend on market. Many people are also some buy bitcoin but now bitcoin price is so much low but after few month i am sure it will grow Bitcoin Be Back To $20,000. I hope so too but what aspects of the crypto market in your opinion will dictate that price increase? |
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It will take institutional investors to bring in whale money to pump the market, followed by even more institutional investors who will suffer from FOMO and get in when it starts to rise Big money backing Bitcoin will undoubtedly push the price high but many small investors play their part too. I think a combination of these two will help piush the price up back to $20,000 |
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When will bitcoin be at 100k? No idea but I think it will happen one day |
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I think it will be back to 20k within 2 months. in your opinion what will be the driving force to raise the price again? |
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I think that this can happen and will happen, bitcoin always grew higher. I think that the introduction of lightning will help the growth of bitcoin. Lightning will change everything and the popularity of bitcoin will grow many times. That was my belief too but when is lightening protocol kicking in? |
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