[WE DID IT! IT is 20k!!!] We are still not in a bubble! 20k$ is INCOMING!

[romero121]

Every price move in bitcoin is happening with certain reason behind it, so there is nothing to worry about the price increase. In the past by the year 2013 the price increase to higher level was noted as an bubble based on specific price fluctuations and the number of users involved into it. Right now everything has changed a lot.

[1714993183]

1714993183

[1714993183]

1714993183

[Kaller]

Every price move in bitcoin is happening with certain reason behind it, so there is nothing to worry about the price increase. In the past by the year 2013 the price increase to higher level was noted as an bubble based on specific price fluctuations and the number of users involved into it. Right now everything has changed a lot.

That is right. Today's bitcoin is different from a few years ago. When the SegWit or SegWit2X is activated, the price will rise again.

[mindrust]

It is happening.

[mindrust]

Update:

[denny27]

Glad to knowing this, seen by the development of people close to bitcoin or people who are more interested to bitcoin as well as some countries that are more to accept bitcoin as an approved currency, I basically believe.. that $20k will certainly be reached. Surely with this, I can be sure with certainty that bitcoin investors will obviously achieve the high profits if really be patient on keep holding within a certain period until the price will arrive at $20k.

[mindrust]

Getting closer boois!

[LFC_Bitcoin]

Getting closer boois!

Great time to bump this, I hope your original prediction bears fruition. I think it’s safe to say we’ll all be VERY happy the day we see 20k per coin.

[Beparanf]

Getting closer boois!

Great time to bump this, I hope your original prediction bears fruition. I think it’s safe to say we’ll all be VERY happy the day we see 20k per coin.

Well the amount predicted is too far from this year maybe by the end of next year 2018, its will be on that range of price, we need to hold now.

[tunctioncloud]

Getting closer boois!

Great time to bump this, I hope your original prediction bears fruition. I think it’s safe to say we’ll all be VERY happy the day we see 20k per coin.

Well, I think his prediction will be true someday, I am sure of this. By maybe one year or two, we will touch this kind of prices, but maybe more. For this reason I will try to start saving as much bitcoins as I can.

[mindrust]

From reddit:


Today's topic: https://www.reddit.com/r/Bitcoin/comments/7eo9rq/interesting_to_see_how_accurate_this_2014_price/

It seems somebody made a similar simulation in 2014 too!

Btw that guess is not mine originally. I linked the original source in my op. I just think that it is a very high possibility to become real.

[btcone111]

From reddit:


Today's topic: https://www.reddit.com/r/Bitcoin/comments/7eo9rq/interesting_to_see_how_accurate_this_2014_price/

It seems somebody made a similar simulation in 2014 too!

Btw that guess is not mine originally. I linked the original source in my op. I just think that it is a very high possibility to become real.

Wow this is crazy! I would say the graph has been very accurate!
What is the logic behind the curve?

[Syke]

Wow this is crazy! I would say the graph has been very accurate!
What is the logic behind the curve?

It's created by finding the curve that best fits the price history.

[btcone111]

Wow this is crazy! I would say the graph has been very accurate!
What is the logic behind the curve?

It's created by finding the curve that best fits the price history.

Understood. Clear and beautiful explanation. I study statistics myself, makes perfect sense.

[mindrust]

Over $9000 boois!

Next stage is Super Saiyan and much more till Ultra Instinct 

[d5000]

This curve could be a good indication of the long-term trend, I agree - if everything plays out well and Bitcoin can conserve its leadership and solve its scalability problems.

However, it doesn't predict short term and mid term movements. Only look at the years 2015 and 2016 - in these years, the real price curve was deeply below the curve of this prediction. So in any moment we could see a crash like in 2013 or 2014 - and the curve would be still valid. It could happen even today, but it's also possible that the rise sustains itself a bit more.

So the interesting question is the intermediate movement that started in late 2014 and lasted until now - how high would it go? I would look for a top between $9700 - just before the 10K resistance - and 12,5K. Nothing is impossible, but 20K are a bit "too good to be true" ...

[mindrust]

This curve could be a good indication of the long-term trend, I agree - if everything plays out well and Bitcoin can conserve its leadership and solve its scalability problems.

However, it doesn't predict short term and mid term movements. Only look at the years 2015 and 2016 - in these years, the real price curve was deeply below the curve of this prediction. So in any moment we could see a crash like in 2013 or 2014 - and the curve would be still valid. It could happen even today, but it's also possible that the rise sustains itself a bit more.

So the interesting question is the intermediate movement that started in late 2014 and lasted until now - how high would it go? I would look for a top between $9700 - just before the 10K resistance - and 12,5K. Nothing is impossible, but 20K are a bit "too good to be true" ...

20k is nothing. By 2021 we will be talking about $100k

[d5000]

20k is nothing. By 2021 we will be talking about $100k

I was talking about the current mid-term upmove after the low of ~150$ in late 2014/early 2015, not about 2021

2021, in my opinion, is too far away, we can't know what will happen then. Or did you predict the 2014/15 bear market in 2011?

[bixbem90]

This curve could be a good indication of the long-term trend, I agree - if everything plays out well and Bitcoin can conserve its leadership and solve its scalability problems.

However, it doesn't predict short term and mid term movements. Only look at the years 2015 and 2016 - in these years, the real price curve was deeply below the curve of this prediction. So in any moment we could see a crash like in 2013 or 2014 - and the curve would be still valid. It could happen even today, but it's also possible that the rise sustains itself a bit more.

So the interesting question is the intermediate movement that started in late 2014 and lasted until now - how high would it go? I would look for a top between $9700 - just before the 10K resistance - and 12,5K. Nothing is impossible, but 20K are a bit "too good to be true" ...

20k is nothing. By 2021 we will be talking about $100k

We can't say anything about future, maybe at 2021 we will hit $200k or BTC down =)). So this is only prediction. I think we will reach $20k at the mid 2018. Then stop at few months. With 10-20% increasing on every months. We can believe this is real price. Not only guessing.

[theunbeatable]

Hey yo, check this out:

https://www.tradingview.com/chart/BLX/W5wwj74c-Bitcoin-Long-Term-Trend-Analysis-A-near-term-clue-BLX-Update/

We are not in a bubble unless we touch 20k$/piece in the near future!!! (like in 2-3 months) Spread the news!!

It is a healthy growth and a bull run. This also means if things get out of hand, 20k$ is near.

All is nice but $20k is a bit to much.

I doubt bitcoin will reach $20k in 2017 or even 2018, most possibly not even in 2019 but who knows. I think max for this year is $10k, but most likely $4-8k. 

We are ofcourse talking about the ATH. After it will be reach price wil slowly started declining to Fibonacci point.

I wonder how can mathematics predict its price. Of course using probability we can predict "but prediction" is the same for "not really sure". And how can fibonacci point point its price?
Because the market is not predictable, there are millions of decisions that is happening there that even formulas can't predict that easily.

[oegarod]

Bitcoin never seems to be a bubble, the growth it has experienced from the beginning has faced fluctuations and steep falls. But, the same has once again got lifted back. If those were bubbles the price recovery won't take place in a short or within stipulated time period. Maybe the ongoing growth will take us to $20000.