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Author Topic: any chance bitcoin to rise up to $5000 this year or a fatal crash?  (Read 1383 times)
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June 24, 2017, 03:01:23 AM
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Hello all experts, what do you guys think about it? Is there any chance for bitcoin the digital currency to rise up to the level of $5000 this year. I just read a news and now they are saying bitcoin speculators are the new day traders which definitely means the volume is rising and so are the traders.
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June 24, 2017, 03:05:04 AM
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Hello all experts, what do you guys think about it? Is there any chance for bitcoin the digital currency to rise up to the level of $5000 this year. I just read a news and now they are saying bitcoin speculators are the new day traders which definitely means the volume is rising and so are the traders.

I'm looking forward for segwit thing and other hard fork rumors. If bitcoin cope with all and survive, I believe next year we can hit $5000, not this year.

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June 24, 2017, 04:02:46 AM
 #3

Hello all experts, what do you guys think about it? Is there any chance for bitcoin the digital currency to rise up to the level of $5000 this year. I just read a news and now they are saying bitcoin speculators are the new day traders which definitely means the volume is rising and so are the traders.

depends on many things so we can't really tell right now.
for example if the SegWit (in other words the scaling solution) is delayed more and things get stalled again we may see some more rise but small.
if it goes through and finally gets activated properly (meaning with majority support) then there will be a big price rise and $5000 becomes a possibility.
if things get out of hand and we end up with a chain and community split then there is a good chance we see a big drop instead.

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June 24, 2017, 04:48:19 AM
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Everything is uncertain, the price might even go high or just will decrease. Looking the recent price fluctuations I believe the price increase will take place crossing $3000 and to the minimum it might reach close to $3500 at least by the year end. $5000 is a possible one, but the time period to reach the end of the year is low.

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June 24, 2017, 04:59:25 AM
 #5

Hello all experts, what do you guys think about it? Is there any chance for bitcoin the digital currency to rise up to the level of $5000 this year. I just read a news and now they are saying bitcoin speculators are the new day traders which definitely means the volume is rising and so are the traders.

I'm not sure the price of bitcoin will reach $5000 for this year, it's too much, maybe around $3000-$4000 for this year. Especially when segwit come on August 1, maybe the price of bitcoin will increase again when it comes, $4000 is the maximum for this year.

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June 24, 2017, 06:00:05 AM
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It is not going to happen before 2018. Let's be realistic, bitcoin prices already raised about 140% this year and more likely will hit 3500$ till november.

 
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June 24, 2017, 06:04:13 AM
 #7

Hello all experts, what do you guys think about it? Is there any chance for bitcoin the digital currency to rise up to the level of $5000 this year. I just read a news and now they are saying bitcoin speculators are the new day traders which definitely means the volume is rising and so are the traders.

Yes there is a chance of $5000 this year.

Next years. Vance is $18000.

In 2020 or sooner Bitcoin mining reward will half again to 6.25 BTC per block.

Bitcoin will be extremely rare.

Okay. The old man told me to take any rug in the house.
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June 24, 2017, 06:07:52 AM
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I just read a news and now they are saying bitcoin speculators are the new day traders which definitely means the volume is rising and so are the traders.

Rising trading volume doesn't necessarily raise the price.

Traders get in and then they get out, that has a neutral affect on supply and demand. And it's the relationship between supply and demand that drives price up or down.

Now, could the price go to $5000, yes. Will it be due to day traders, no. It'll be due to the influx of new buy and hodlers.

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June 24, 2017, 06:15:36 AM
 #9

Hello all experts, what do you guys think about it? Is there any chance for bitcoin the digital currency to rise up to the level of $5000 this year. I just read a news and now they are saying bitcoin speculators are the new day traders which definitely means the volume is rising and so are the traders.

I'm not sure the price of bitcoin will reach $5000 for this year, it's too much, maybe around $3000-$4000 for this year. Especially when segwit come on August 1, maybe the price of bitcoin will increase again when it comes, $4000 is the maximum for this year.

Yeah right, I also think the same as you. Too much I think for bitcoin could reach $ 5,000 this year, if a segwit comes it only helps the price to rise up to $ 4,000. And I'm sure there will be correction several times so the price drops several times in the short term. But looking at the previous situation that bitcoin is very difficult to predict and anything can happen to bitcoin. If indeed the bitcoin price could reach $ 5,000 in this year of course it would be very incredible. But I think the chances are very small to reach $ 5,000.
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June 24, 2017, 09:23:55 AM
 #10

I just read a news and now they are saying bitcoin speculators are the new day traders which definitely means the volume is rising and so are the traders.

Rising trading volume doesn't necessarily raise the price.
There's a pretty damn strong correlation though.  Rising volume indicates that there's an increasing amount of hype which usually means that there will be a breakout one way or another.  In the midst of a bull market, there's not much chance of increasing volume being bearish.

Hello all experts, what do you guys think about it? Is there any chance for bitcoin the digital currency to rise up to the level of $5000 this year. I just read a news and now they are saying bitcoin speculators are the new day traders which definitely means the volume is rising and so are the traders.
In 2020 or sooner Bitcoin mining reward will half again to 6.25 BTC per block.
The effect of halvings on the price is overestimated IMO.  It mainly just decreases how much the miners need to dump on the market.
It is not going to happen before 2018. Let's be realistic, bitcoin prices already raised about 140% this year and more likely will hit 3500$ till november.
I love when "realistic" means "this is just like any other investment! Bitcoin isn't known for wild swings in price or anything!".

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June 24, 2017, 09:35:38 AM
 #11

Hello all experts, what do you guys think about it? Is there any chance for bitcoin the digital currency to rise up to the level of $5000 this year. I just read a news and now they are saying bitcoin speculators are the new day traders which definitely means the volume is rising and so are the traders.

Yes there is a chance of $5000 this year.

Next years. Vance is $18000.

In 2020 or sooner Bitcoin mining reward will half again to 6.25 BTC per block.

Bitcoin will be extremely rare.

I'm sure prices of bitcoins will reach to 20000+ but I don't think it will happen like what you mentioned above. In this year it may go 3000+ but I don't think it will go to 5000 range. That is like another 100% up from current price. If it goes so much high in short time then it will correct back a lot so I want to a slow and study growth.

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June 24, 2017, 09:37:58 AM
 #12

Hello all experts, what do you guys think about it? Is there any chance for bitcoin the digital currency to rise up to the level of $5000 this year. I just read a news and now they are saying bitcoin speculators are the new day traders which definitely means the volume is rising and so are the traders.
Not anytime soon. The price already when above expected withing last few months. Don't think it will be happening again. And again with all those Segwit and August 1 events we aren't sure about the price of bitcoins.


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June 24, 2017, 10:25:19 AM
 #13

Hello all experts, what do you guys think about it? Is there any chance for bitcoin the digital currency to rise up to the level of $5000 this year. I just read a news and now they are saying bitcoin speculators are the new day traders which definitely means the volume is rising and so are the traders.
Not anytime soon. The price already when above expected withing last few months. Don't think it will be happening again. And again with all those Segwit and August 1 events we aren't sure about the price of bitcoins.

I believe it may... but I agree that we need to see what'll happen August. Something may happen with the price either good or bad))

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June 24, 2017, 11:52:17 AM
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Hello all experts, what do you guys think about it? Is there any chance for bitcoin the digital currency to rise up to the level of $5000 this year. I just read a news and now they are saying bitcoin speculators are the new day traders which definitely means the volume is rising and so are the traders.

Its could possibly touch $5000. However, we also know how unpredictable the price of bitcoin is. To push to this price, another good news should come along to the bitcoin ecosystem. I don't know how Australia will impact the price of bitcoin in July 1. But what most worry me, is the Segwit2x activation on Aug 1. We don't know if this will push the price or the other way around.

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June 24, 2017, 02:34:45 PM
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Op asked from experts guys please step aside,(a hidden lol) OP my dear newbie crypto fellow, it is now proven by science that there is a chance for an asteroid to hit plant earth and splits the planet in half, I might very well request from them to change it's name to Wu. lol
There is also a tiny chance for me to become the next president of USA while I have no desire for it but the laws of chance says they might force me to accept the office, lol
There is another chance for me to go into the future and change my gender and then come back here and now and jump myself, wew.
If you are waiting to see what others do and say in order to get in or not, then don't because when things go sideways you'll blame these so called experts. final lol.

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June 24, 2017, 08:54:48 PM
 #16

Hello all experts, what do you guys think about it? Is there any chance for bitcoin the digital currency to rise up to the level of $5000 this year. I just read a news and now they are saying bitcoin speculators are the new day traders which definitely means the volume is rising and so are the traders.
Not anytime soon. The price already when above expected withing last few months. Don't think it will be happening again. And again with all those Segwit and August 1 events we aren't sure about the price of bitcoins.
it's always about rising so high to the moon or dropped so hard to the death ,
that's why some people still considering bitcoin as a dangerous investment ,
a super high risk investment that couldn't done by non tech savvy ,
i even still have a lot of doubt in bitcoin , that's why i put a little amount only to make it safe.
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June 24, 2017, 09:05:17 PM
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For now no signal that the price could be hit at $5,000 and much more possibility to hit the price this year is around $3,000 to $3,500 value but many people are still afraid like other said about this coming event on 1st of august..
We will expect of price drop since other holders are satisfied with small profit or those people who are selling are the old bitcoin holders and satisfied what the price today. .

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June 24, 2017, 09:40:34 PM
 #18

Op asked from experts guys please step aside,(a hidden lol) OP my dear newbie crypto fellow, it is now proven by science that there is a chance for an asteroid to hit plant earth and splits the planet in half, I might very well request from them to change it's name to Wu. lol
There is also a tiny chance for me to become the next president of USA while I have no desire for it but the laws of chance says they might force me to accept the office, lol
There is another chance for me to go into the future and change my gender and then come back here and now and jump myself, wew.
If you are waiting to see what others do and say in order to get in or not, then don't because when things go sideways you'll blame these so called experts. final lol.

I agree. People should stop asking if bitcoin price will rise or fall, because when those same people lose bitcoins start to complain...




OP you should do your own research

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June 27, 2017, 08:47:35 AM
 #19

It is not going to happen before 2018. Let's be realistic, bitcoin prices already raised about 140% this year and more likely will hit 3500$ till november.
Yes you are right that bitcoin price can not hit 5000$ at the end of this year because $5000 is very high price and  I also think the bitcoin price will not boost up in short time its price will increasing step by step and to me I think its price will be increasing 3500$ at the end of December in this year.

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June 27, 2017, 10:02:59 AM
 #20

As Bitcoin is completely speculative anything could happen. In my view the upcoming weeks price growth helps us predict whether the price increase high to reach $5000 by the year end or just stabilize. By July month end if we were staying above $3000, can hope we'll reach $5000 by the end of 2017.

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