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Author Topic: Bitcoin Price Likely to Hit $3,500 This Year, How true is that?  (Read 2154 times)
jonald_fyookball
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May 19, 2017, 05:06:40 AM
 #41

bitcoin easily 10k in 2020

According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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May 19, 2017, 05:11:55 AM
 #42

I say by 2027 or earlier, I say Bitcoin will hit $8,000USD

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May 19, 2017, 05:17:26 AM
 #43

I have no doubt it will reach above 3-4k$ because we have entered an era of widespread adoption with news coming out of bitcoins acceptance right around the world. If the ETF is also approved this year even 5k+ is possible.
Well etf will be a big factor for the value to keep rising up i like this speculation since we are almost in 2k$ already and we only in a first quarter so there's a lots of time and with many adoptions and new investors which gaining attention btc will increase to that stage.

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May 19, 2017, 05:25:02 AM
 #44

Who knows, We are talking about Bitcoin here the price speculation of 3,500$ this month might hit. One thing good about Bitcoin is it is very unstable you'll just wake up one day price is sky rocketing and sometimes you'll wake up its going down. But as a user of Bitcoin for many many  years i believed in Bitcoin that the longer it survives the higher the price it can get.
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May 19, 2017, 05:53:06 AM
 #45

I see that you guys are on the positive side and with hope in the huge future of the Crypto-currency. I, too, share your opinion, but there is certainly some kind of apprehension about the risks and other aspects of the activity in the field of crypto currency.

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May 19, 2017, 07:43:42 PM
 #46

Bitcoin Price Likely to Hit $3,500 This Year, How true is that?

There is definitely a chance, but afterall the price has to be supported by "something". With that "something" being unknown, the market actually predicted a price of $1726.70... That's why the current price.
Well knowing that the prices are really in a very good motion the graph of the Bitcoin is really going good but to very honest the $3500 is some comes in exaggerating the market a bit more than the current situation. Currently it doesn’t seem like going to happen.
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May 19, 2017, 08:17:40 PM
 #47

Just as we were thinking nothing will be powerful enough to stop the rise in the Bitcoin price, we had a major negative event that pushed down

the price. {WanaCry Malware linked to Bitcoin} We will see many more and I think this is sanctioned by some governments and are not backed

by individuals or small groups. They will not allow Bitcoin to go much higher, because they know what will happen if it does go mainstream.  Angry
Yes I do believe that nothing was going wrong and the prices were going very much high with creating a confidence to the users. Especially after the japans announcement of accepting the Bitcoin and then from nowhere somehow the prices dropped. So, we don’t know that how did it happened and weather it will happen again or not.
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May 19, 2017, 08:27:55 PM
 #48

Bitcoin Price Likely to Hit $3,500 This Year, How true is that?
It might go that high but we can not assure that. We can't predict furture, can we? No one knew back then that the price would go that high. If someone wrong happens we might see the price fall down to $350 instead which is highly unlikely to happen though. We need to overcome some problems that are currently holding back bitcoin.

Just as we were thinking nothing will be powerful enough to stop the rise in the Bitcoin price, we had a major negative event that pushed down
the price. {WanaCry Malware linked to Bitcoin}
Ransomewares like WannaCry won't have much impact on bitcoin to be honest. Sometimes bad publicity is good  Wink

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May 20, 2017, 12:04:27 AM
 #49

Imo, there's a pretty strong chance of hitting $3450, so sure why not $3500.

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