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Author Topic: Can Bitcoin Prices Reach $5,000 Again Without China?  (Read 2951 times)
Aamir1
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October 06, 2017, 11:01:27 AM
 #101

It never reached at exact $5k yet. The highest price of bitcoin was $4,950 on 1 Sep, 2017 (according to CoinDesk), and after that, it has been lowering down in which the China incident happened which took it down to $3,226 on Sept 14, 2017. But after all that, the price has not been going down again, and we are already halfway to reach $5k, and soon that can be reached too, if nothing serious occurs again.
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October 06, 2017, 01:21:34 PM
 #102

It never reached at exact $5k yet. The highest price of bitcoin was $4,950 on 1 Sep, 2017 (according to CoinDesk), and after that, it has been lowering down in which the China incident happened which took it down to $3,226 on Sept 14, 2017. But after all that, the price has not been going down again, and we are already halfway to reach $5k, and soon that can be reached too, if nothing serious occurs again.
No doubt with that speculation because bitcoin are strong currency and even without Chinese country bitcoin can stand alone. Moreover, there's a lot of country who wants to take over the position of China in crypto currency society and I think they have a capacity to continue it. In additional there's a lot of users and supporters are believing to the ability of bitcoin and they also given their fully trust to this coins so it is impossible to destroy the bitcoin in crypto currency world.
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October 06, 2017, 01:33:46 PM
 #103

Personally I will say "yes" for sure there's no doubt about it, Price of bitcoin can reach $5.000. Bitcoin will have good future by increasing price.Because  bitcoin not just depends on China only.
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October 06, 2017, 01:38:17 PM
 #104

Yes we can, even without China we can reach even new All time highs but they are a big market changer and it's better if they will still get into bitcoin. They can pump the market any time they want but with the FUD that was spread last time we've seen on how they can also make the price low but after that everyone is not riding with those FUDs anymore so we are good without them.



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October 06, 2017, 03:07:06 PM
 #105

Yes we can, even without China we can reach even new All time highs but they are a big market changer and it's better if they will still get into bitcoin. They can pump the market any time they want but with the FUD that was spread last time we've seen on how they can also make the price low but after that everyone is not riding with those FUDs anymore so we are good without them.
I have read from some threads that China wanting to regulate btc ICO again and other btc operations, yet now even without China services on or attention on ,btc is can cope up on the situation slowly but atleast its increasing.
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October 06, 2017, 04:58:47 PM
 #106

Yes we can, even without China we can reach even new All time highs but they are a big market changer and it's better if they will still get into bitcoin. They can pump the market any time they want but with the FUD that was spread last time we've seen on how they can also make the price low but after that everyone is not riding with those FUDs anymore so we are good without them.
I have read from some threads that China wanting to regulate btc ICO again and other btc operations, yet now even without China services on or attention on ,btc is can cope up on the situation slowly but atleast its increasing.
Yes, China has been with plans of regulating bitcoin as well other ICO's in a much perfect manner. This initiation is to reduce the China's influence on bitcoin. As the price keeps increasing, the value might cross the $5000 and to have this price contained it's a must to have the contribution of China.

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October 06, 2017, 05:27:40 PM
 #107

Can Bitcoin Prices Reach $5,000 Again Without China?  Roll Eyes Huh

If after all that bullcrap, bitcoin managed to settle itself and hover between 4200-4500 value after a huge collapse of price straight down to 3000, shall we not know what's the answer? Bitcoin doesn't have a fixed value and so my answer is yes, bitcoin price could reach anywhere.
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October 06, 2017, 11:11:10 PM
 #108

Can Bitcoin Prices Reach $5,000 Again Without China?  Roll Eyes Huh
It could be possible or even more than that before the end of this year. As what we observe nowadays, bitcoin price are almost there and there is a big chances to increase its price in the coming days. Since we know that some  big countries are making bitcoins legalized(just like Russia) and it will increase the numbers of users, automatically it will increase bitcoin price in the market.
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October 06, 2017, 11:30:39 PM
Last edit: October 09, 2017, 11:26:41 PM by BUK2016
 #109

Can Bitcoin Prices Reach $5,000 Again Without China?  Roll Eyes Huh
It is very possible for the value of bitcoin to reach $5,000 very soon most especially the coming december as a result of Christmas season celebration. This is because I believe there is going to be high demand for bitcoin by december. Even though there is a negative news from China the effect on bitcoin will insignificant as compared to what has happened before.  
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October 06, 2017, 11:48:30 PM
 #110

As of now the price of bitcoin is 4400 dollars and i bekieve even without china possible price of bitcoin before end of this month is 5k dollars so if you have extra money its better if you invest now in bitcoin and gor sure you will earn a lot of profit in the future but its up to you if you invest or not. Bitcoin pump more. More bitcoin more money to come.
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October 07, 2017, 12:27:34 AM
 #111

As of now the price of bitcoin is 4400 dollars and i bekieve even without china possible price of bitcoin before end of this month is 5k dollars so if you have extra money its better if you invest now in bitcoin and gor sure you will earn a lot of profit in the future but its up to you if you invest or not. Bitcoin pump more. More bitcoin more money to come.

We've still got China with us. Chinese bitcoin traders aren't just disappearing, they are still actively trading bitcoin. It's just that the platform they are conducting these trades are different now. Instead of exchanges, they are using localbitcoins increasingly and private trades conducted through wechat pay/alipay.

Even though the price has dropped initially when the news came out that China would ban ICOs and exchanges, right now the price has recovered significantly and seems to be intent in breaking $4500.
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October 07, 2017, 01:03:46 AM
 #112

At first, I thought its not possible since China played a big role in cryptomarket. If it reaches new price without China maybe the banning of ICO maybe lifted in no time. Still waiting for what will happen after Segwit2x.
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October 07, 2017, 04:03:44 AM
 #113

As of now the price of bitcoin is 4400 dollars and i bekieve even without china possible price of bitcoin before end of this month is 5k dollars so if you have extra money its better if you invest now in bitcoin and gor sure you will earn a lot of profit in the future but its up to you if you invest or not. Bitcoin pump more. More bitcoin more money to come.

We've still got China with us. Chinese bitcoin traders aren't just disappearing, they are still actively trading bitcoin. It's just that the platform they are conducting these trades are different now. Instead of exchanges, they are using localbitcoins increasingly and private trades conducted through wechat pay/alipay.

Even though the price has dropped initially when the news came out that China would ban ICOs and exchanges, right now the price has recovered significantly and seems to be intent in breaking $4500.
bitcoiners from china could just find a way to do trade or keep their trading activities as they say, their coverage isnt just limited to their country but also outside their country, what if the china bitcoiners moving to other country that accept bitcoin and do trading there? it's really possible since they are trading not small money but big money.
people are to afraid of china rumour but actually, not that scary.



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October 07, 2017, 04:08:30 AM
 #114

Personally I will say "yes" for sure there's no doubt about it, Price of bitcoin can reach $5.000. Bitcoin will have good future by increasing price.Because  bitcoin not just depends on China only.
True and I'm very confident the $ 5000 price will be easy to achieve and I'm sure it does not take the year 2018 as it will happen soon, with that analysis so I advise to keep bitcoin.


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October 07, 2017, 06:46:36 AM
 #115

Can Bitcoin Prices Reach $5,000 Again Without China?  Roll Eyes Huh
I think, it can. Bitcoin's value is now increasing after the downfall that resulted in China banning exchanges and ICO. From its price before which is 4800, it fell down to 3300$ but it is now again priced at 4200 which proves that Bitcoin can still be successful without China. I think it will be able to break the 5000$ mark before this year ened especially if the hardfork that will happen in Novembember will succeed like the previous one, that made the value of Bitcoin to reach the 4k mark drom 2800 and hoping that same thing will happen in the incomming hardfork.

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denny27
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October 07, 2017, 08:58:08 AM
 #116

Yeah i think so.. it will happening i guess, there are still many other countries that respond well to the using of bitcoin and everything related to crypto currency. And as is known from some information that i reads there will be fork / segwit2x soon, and most likely the bitcoin price will reach $5000 again surely. I just guessing, i think bitcoin will be more goodly on its price movements leads to the higher as time goes by for the next.

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October 07, 2017, 09:10:42 AM
 #117

Of course, Bitcoin has such great ability and potential in terms of its business. well, without china, bitcoin is even able to maintain a high price, so of course it can. only, the price drop occurs because of panic heard the news.

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October 07, 2017, 10:02:03 AM
 #118

The sign for the price increase is becoming clearer, these days the bitcoin price is not very volatile ie the $ 4300- $ 4400 range, and I'm sure this month the bitcoin price will reach $ 5000.


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October 07, 2017, 10:34:27 AM
 #119

Yes we can, even without China we can reach even new All time highs but they are a big market changer and it's better if they will still get into bitcoin. They can pump the market any time they want but with the FUD that was spread last time we've seen on how they can also make the price low but after that everyone is not riding with those FUDs anymore so we are good without them.
I have read from some threads that China wanting to regulate btc ICO again and other btc operations, yet now even without China services on or attention on ,btc is can cope up on the situation slowly but atleast its increasing.

Yes want it to do so and that's why they are forcing the exchange to close and I doubt it that it's a permanent decision since we know what attitude China has. They won't let a single source of income from them to be stranded. If I'm not mistaken these decisions coming from them are only temporary and a week from now after the election they'll show another decision or it's the time they'll lift the ban.



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October 07, 2017, 02:49:39 PM
 #120

Can Bitcoin Prices Reach $5,000 Again Without China?  Roll Eyes Huh
That's possible I think. As we can currently see, Bitcoin is slowly making its way up again from the major dump in Bitcoin's market value but it is able to recover. It is downed to 3300 and is now again in 4200 and that's something to look forward with. There will be hardfork in November and if that fork will be successful, it will make Bitcoin having a price of 6000 by the end of this year, more possible without China.
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