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Author Topic: Bitcoin's faith will reach $ 60,000 this year ? Is Impact definite?  (Read 131 times)
LuciferEveningStar
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July 13, 2018, 04:30:34 PM
 #21

this becomes an evaluation and opinion that refers to the confidence of the crowd.
quoted from various news media, entrepreneurs and founders as if believing that bitcoin will return to history through the price of 60,000 $ this year. What do you think? if i'm sure !!!!



"Back then, December, price was at a $20,000 all-time high. I predicted for 2018, we're going to see $5,000 and $60,000. So $5,000, we’ve pretty much hit it, so let's see if we can do the $60,000. I'm still quite confident." by TEN-X Co Founder  ( in article : https://cointelegraph.com/news/tenx-co-founder-still-quite-confident-bitcoin-can-hit-60-000-this-year )

Most of the cryptocurrency analyst are expecting for the market price of bitcoins to reach $50k dollars before the year ends and that is the reason why some traders are still optimistic about the market price and keep on holding their coins which is a good decision.

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July 13, 2018, 04:34:52 PM
 #22

Yesterday i saw a thread bitcoin to reach $30k in the end of the year and now i see $60k for bitcoin price in this year, lol it's become more bigger. Look, anyone can predict the price of bitcoin, i can even say bitcoin will reach $100k in this year. The thing is we need to see the condition on the market right now, as you can see, the price is not even hit $10k right now. We need something big, really big to makes bitcoin reach that price.

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July 13, 2018, 06:51:09 PM
 #23

A few very worthwhile quotes from the stock market bad boys that really apply to current crypto market;

Quote
If stock market experts were so expert, they would be buying stocks, not selling advice.

Peter Lynch

Quote
The stock market is a device for transferring wealth from the impatient to the patient.

Warren Buffett
I like this one especially, because all get rich quick rookies are only feeding the elite focosed on the long term. You can't beat the short term market, you'll get blasted off your funds by people smarter and richer than you. Just buy coins, sit on them, and not touch them for at least 6-12 months. Don't try to take advantage of an extremely unpredictable market. The risks are not worth it. We are here to build our own wealth, not further build up the wealth of the elite.

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July 13, 2018, 07:33:54 PM
 #24

We should need something more realistic than the untrue rumours of Bitcoin pricing in late 2018. Mostly in early 2018, many celebrities around the world and they predict that Bitcoin prices will increase to $ 30,000 and someone predicted the price of Bitcoin was $ 40,000. But in July, the price of Bitcoin is only $ 6200

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July 15, 2018, 04:45:45 AM
 #25

We should need something more realistic than the untrue rumours of Bitcoin pricing in late 2018. Mostly in early 2018, many celebrities around the world and they predict that Bitcoin prices will increase to $ 30,000 and someone predicted the price of Bitcoin was $ 40,000. But in July, the price of Bitcoin is only $ 6200


really, some people should think realistically. $ 15,000 may be heavy. now even 60,000 $ ... but the public does need confidence from influential people
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July 15, 2018, 05:50:15 PM
 #26

If entrepreneurs are believing that bitcoin will soar high then this won't be impossible to happen. We'll just have to wait and see until December. While the price is low, take the opportunity to have more bitcoin and hold until it gains profit.
This is not about beliefs this is about money it does not get simpler than that, there is not enough money in the market to get that kind of growth, you want bitcoin to grow 10 times its current price in a time span of only 6 months, I cannot say it is impossible since we know that nothing is impossible for bitcoin, but taking into account that we come from a bull market the chances of getting another one the very next year are very low.

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July 15, 2018, 11:07:55 PM
 #27

It is not possible and something not any good analyst will predict. Bitcoins since the beginning of January has decreased about more than 50% and you are forecasting that it can reach 60,000 usd which is about more than 200% increase. Not possible

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July 16, 2018, 07:02:28 AM
 #28

If entrepreneurs are believing that bitcoin will soar high then this won't be impossible to happen. We'll just have to wait and see until December. While the price is low, take the opportunity to have more bitcoin and hold until it gains profit.
This is not about beliefs this is about money it does not get simpler than that, there is not enough money in the market to get that kind of growth, you want bitcoin to grow 10 times its current price in a time span of only 6 months, I cannot say it is impossible since we know that nothing is impossible for bitcoin, but taking into account that we come from a bull market the chances of getting another one the very next year are very low.

having another new bull market this year is not the same as setting a new ATH though. I completely agree that it is impossible to reach $60k but we can easily see a bull market this year. it is true that we had a big bull market last year but we also had a huge bear market that lasted long enough and price fell down enough (70% drop). we can easily see the rise for the rest of the year and reach back above $10k and that can be a very reasonable bull market for this year.

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July 16, 2018, 01:24:58 PM
 #29

Something similar to this was discussed in another thread,  and I gave my stand on this issue that $60,000 is not acheiveable this year. Not that bitcoin do not have what it takes but we may not be seeing an enormous price breakout this year just like the way we did in December 2017. Though,  if something triggers it then it will happen but aside that, do not expect an increase  more than $10,000 to $15,000.

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