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Question: How do you feel. Will we see $5000 price per 1 bitcoin in this year?
Yes - 38 (76%)
No - 12 (24%)
Total Voters: 50

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Author Topic: Bitcoin for $5000?  (Read 2542 times)
bikerleszno (OP)
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May 23, 2017, 11:32:27 PM
 #1

How do you feel. Will we see $5000 price per 1 bitcoin in this year?

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ArdiPrabowo
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May 23, 2017, 11:51:26 PM
 #2

i want not bitcoin price incraese to 5000 dollar
if bitcoin price very high is many problem, find bitcoin is very dificult, sending fee high, transaction confirmation is very long time
mundang
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May 23, 2017, 11:52:28 PM
 #3

I would say no, bitcoin cant reach that 5000$ value. Even the price is on rampage 5000$ price within this year is too difficult to achieved. If theres a great news that will occur it will only driven the price to go 3000$ by the end of this year.
angaper
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May 23, 2017, 11:58:49 PM
 #4

I have no doubt that the current bitcoin rally has the enough momentum to send the price to $5000 or more, although I don't see realistic basis to support this high levels. But the power of speculation is enough to skyrocket the bitcoin price huge this year, and perhaps in few weeks you will see that historic price.
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May 24, 2017, 12:15:25 AM
 #5

How do you feel. Will we see $5000 price per 1 bitcoin in this year?
(...) sending fee high, transaction confirmation is very long time

The price could continue to increase considerably (not sure if $5k this year, though) if these problems are solved with SegWit or by other means.
It's very probable they will get fixed or at least improved by September.
TeeBone
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May 24, 2017, 01:34:22 AM
 #6

Another parabolic move ala 2013 could see 8-10K per btc, then a massive crash down to about where we are right now.
warwar
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May 24, 2017, 01:37:03 AM
 #7

Another parabolic move ala 2013 could see 8-10K per btc, then a massive crash down to about where we are right now.

You are right on that time . we could sense it right now that the price right now is getting huge and huge and it also happen that a big crash will happen that happen way back 2013 so i think it would be reach with that price but eventually it would dumps or crashes a lot .
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May 24, 2017, 01:55:43 AM
 #8

Another parabolic move ala 2013 could see 8-10K per btc, then a massive crash down to about where we are right now.

I dont know, a $6000 drop in Bitcoin will hit like a bomb. After China regulation i dont see very deep corrections anymore.

Unknown waters.
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May 24, 2017, 02:25:37 AM
 #9

Another parabolic move ala 2013 could see 8-10K per btc, then a massive crash down to about where we are right now.

I dont know, a $6000 drop in Bitcoin will hit like a bomb. After China regulation i dont see very deep corrections anymore.

Unknown waters.

BTC lost 85% after it topped out at 1200. i couldnt disagree more with your statement of not having anymore deep corrections, i see major spikes and crashes in these yet young days. Even gold with a market cap leaps and bounds more then BTC has drops of 30-50%. The lottery-ticketers buying in at 10K will be the same ones buying in at a grand last bubble. Wash, rinse, repeat. You need suckers for bubbles, temporary suckers if they have the balls to hold. Most cant, and a tidal wave of selling ensues.
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May 24, 2017, 02:44:18 AM
 #10

we cant say it will or won't because it depends on a couple of things at least.
there are a couple of forces that are increasing the demand and with it the price, such as Japanese mainstream adoption and other smaller news similar to it. and then the good news about Chinese finally making a move has led them to come back and have the same price as the rest of the markets.

but we still have the scaling war/debate thing going. and that is hurting us. if them kids finally stop only seeing in front of their noses and start compromising we can see $5000 and above easily.

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Pearls Before Swine
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May 24, 2017, 02:47:21 AM
 #11

I would say no, bitcoin cant reach that 5000$ value. Even the price is on rampage 5000$ price within this year is too difficult to achieved. If theres a great news that will occur it will only driven the price to go 3000$ by the end of this year.
I would say the same thing...except I would have said it for $2300, and that's where the price is right now.  You've got people writing on this forum at this very minute that we're going to reach $100k, but that scares me.  If we ever jumped that high in a year from $1300 (which is a couple months ago), that just isn't rational or sustainable.  Things that go up that fast have a tendency to crash as hard as they rise.  It's been proven more times than the Pythagorean Theorem in finance.  So let us all hope for bumps and setbacks.  Don't get carried away with the madness of the crowd.
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May 24, 2017, 03:18:28 AM
 #12

That's great idea of bitcoin investments in the future of price development has to be more profitable if that $5000 will be a reality next year. If we  observe the proper situation now of price movement in the market , we see it has a successive increase in a matter of few days.  So we now see the  actual pump of price due to the uprising adoption of people in both asia and western countries.
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May 24, 2017, 03:43:13 AM
 #13

How do you feel. Will we see $5000 price per 1 bitcoin in this year?

my feeling says no, it is not possible.
but my logic says it is possible but very hard and also hopes it doesn't happen!
because if you think about it a rise to $5000 in such a short period of time is actually pretty scary and that would be a real bubble. that is a 400% rise in this year and it can cause a very long bear market.

Buying the dip...
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May 24, 2017, 03:51:08 AM
 #14

How do you feel. Will we see $5000 price per 1 bitcoin in this year?

my feeling says no, it is not possible.
but my logic says it is possible but very hard and also hopes it doesn't happen!
because if you think about it a rise to $5000 in such a short period of time is actually pretty scary and that would be a real bubble. that is a 400% rise in this year and it can cause a very long bear market.
As quoted in terms of logical thinking experiencing such a growth percentage is simply a hard thing. With bitcoin in reality anything could happen without any prior indication. For this reason anytime $5000 is possible as the price difference happening with a minimum of around $50 on every forward move.

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May 24, 2017, 04:44:54 AM
 #15

How do you feel. Will we see $5000 price per 1 bitcoin in this year?
I do not know whats really happening with bitcoin we all wanted that trip to the moon but this is happening so fast. i hope the bubble does

not blow in our faces...i expect a correction after segwit activation when the backlogs are cleared.

Atm am now starting to think we can get to $5000 next week!

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Herbert2020
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May 24, 2017, 05:57:42 AM
 #16

i expect a correction after segwit activation when the backlogs are cleared.

you are half correct.
if the scaling issue is finally concluded and we move forward. and also the backlog aka mempool is finally cleared only one scenario can happen.
- the news of moving forward comes out
- price surges upward at another 50% up to 100% from where it is going to be at that moment
- then a correction happens but it will be very short lived and very small because the good news will come out contentiously about bitcoin and all the altcoin bubbles will finally blow up and all the money+profit will fly back to bitcoin and we see another 100% rise.

i am thinking $4000 first then upward towards $8000

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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May 24, 2017, 05:59:35 AM
 #17

at this rates it's not so out of qustion to think that 5k might be possible to reach, within this year, but the question is does it hold at that level or return back? a value that can't hold there and it's not stable it's not a good value

not sure if this increase is genuine or manipulated like many other we had in the past, need to wait and see the outcome, but really it's all about the adoption and block issue at this point, if either of these two get "fixed" you have a big value coming for sure
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May 24, 2017, 08:34:38 AM
 #18

at this rates it's not so out of qustion to think that 5k might be possible to reach, within this year, but the question is does it hold at that level or return back? a value that can't hold there and it's not stable it's not a good value

not sure if this increase is genuine or manipulated like many other we had in the past, need to wait and see the outcome, but really it's all about the adoption and block issue at this point, if either of these two get "fixed" you have a big value coming for sure

I think the major stumbling block we face are the scaling issue resulting in high transaction fees. The $2000 mental barrier has been check, and we are all saying that its not possible but within a few months we touched that price. I think the next mental barrier will be $5000, but I doubt we can achieved it this year though. I think the price of bitcoin is really pushing and might get to the peak that we need some correction. Of course, who doesn't want it to get to $5000 but I really having doubts that we can get it, but not this year, but possibly in the next coming years.

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May 24, 2017, 08:39:35 AM
 #19

Bitcoin is back in business and getting hyped again.
You always get the gamblers pushing the price up to absurd prices.
Then some people get burnt and we drop again for a while until it stabilizes.
But then again I don't see crazy spikes only crazy growth.

Due to the gamblers I believe we will hit $5000 pretty soon if they go crazy enough  Cool

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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May 24, 2017, 08:45:23 AM
 #20

How do you feel. Will we see $5000 price per 1 bitcoin in this year?

These crazy bumps in the chart takes the bitcoin value to peak value every time but mining has been increased now. When the bitcoin is in the low value, fees seems also low. Why nowadays mining seems as a high amount. Why providers are making money of it nowdays by it? These questions are not answered in the forum. This is why people are holding the bitcoin completely without selling it.
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