Why bitcoin can never go past $7000

[Hexah]

Now you know that it touch downed on this day of what you don't think it can reach at this year, hope you know now that bitcoin will surpass $10000 just in 2018 and that speculation of  mine is what I will be waiting to happen. Indeed altcoins are pumping too but bitcoin is on the run too and no one can control now on it's pumping. So, better keep some bitcoins right now and I will really wait for the coming of bitcoin's value on $10k even not by 2018 but in the coming years.

[coinholic]

Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

Well now, your post was made just a week ago and you stated that bitcoin will never go past $7000. But look at it now, playin between $7100 and $7300. Crazy huh? So I guess we can never say never. Bitcoin is just goin up up and away! As if it’s a coin that drastically mutated in just a short time! Haha! Lucky you early ones...the coin is now with you...

[Drnice]

Bitcoin is still fairly new to some, so I believe there is still room for growth.

That's true more people are getting into the crypto market and many have not been convinced about bitcoin and blockchain, while the others have not even heard of it. So, as time goes on, they will come in and which will push the price even higher.

[xFiber]

Now you know that it touch downed on this day of what you don't think it can reach at this year, hope you know now that bitcoin will surpass $10000 just in 2018 and that speculation of  mine is what I will be waiting to happen. Indeed altcoins are pumping too but bitcoin is on the run too and no one can control now on it's pumping. So, better keep some bitcoins right now and I will really wait for the coming of bitcoin's value on $10k even not by 2018 but in the coming years.

2017 was certainly the year of bitcoin. Altcoins had a nice period (in the summer) when lots of them flourished but at the arrival of fall, lot's of them fell to extreme lows. The whole 2x drama will decide whether 2018 will be another bitcoin year or not.

[Fafabol]

Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

Well now, your post was made just a week ago and you stated that bitcoin will never go past $7000. But look at it now, playin between $7100 and $7300. Crazy huh? So I guess we can never say never. Bitcoin is just goin up up and away! As if it’s a coin that drastically mutated in just a short time! Haha! Lucky you early ones...the coin is now with you...

This just only proves that any thing can happen to bitcoin.
And now many are taking profit for holding their coins before like HODLing is real! And we can expect more things to unfold before this year end so just hold it tight.

[Barbut]

Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

Well now, your post was made just a week ago and you stated that bitcoin will never go past $7000. But look at it now, playin between $7100 and $7300. Crazy huh? So I guess we can never say never. Bitcoin is just goin up up and away! As if it’s a coin that drastically mutated in just a short time! Haha! Lucky you early ones...the coin is now with you...

This just only proves that any thing can happen to bitcoin.
And now many are taking profit for holding their coins before like HODLing is real! And we can expect more things to unfold before this year end so just hold it tight.

This proves that many never's actually happened with bitcoins, this is one more pessimistic thread and of course what happened is exactly to opposite from what OP stated. Anything can happen with bitcoin price, saying never together with bitcoins in same sentence is not smart. Bitcoin price is at new ath and we can hit 8.000$ very soon, or more bitcoin is running up in past few weeks and just some big stupid and bad news can stop this rise and maybe push it back. On first page in speculation section I see couple threads that point out some hack or big dumping from bitcoin holders that can make some price corrections.

[BitcoinIsAlgebraic]

Now you know that it touch downed on this day of what you don't think it can reach at this year, hope you know now that bitcoin will surpass $10000 just in 2018 and that speculation of  mine is what I will be waiting to happen. Indeed altcoins are pumping too but bitcoin is on the run too and no one can control now on it's pumping. So, better keep some bitcoins right now and I will really wait for the coming of bitcoin's value on $10k even not by 2018 but in the coming years.

2017 was certainly the year of bitcoin. Altcoins had a nice period (in the summer) when lots of them flourished but at the arrival of fall, lot's of them fell to extreme lows. The whole 2x drama will decide whether 2018 will be another bitcoin year or not.

Altcoins get short term hype which creates a lot of people money which then they later convert into Bitcoin which I think is good for the value of bitcoin but shouldn't be encouraged. 2017 was a year for Bitcoin but its still unclear whether or not its a bubble.

[Domenc]

Well , i strongly disagree that the bitcoin volatility is decreasinhg. I mean look at the market . Bitcoin is flourishing day by bay . At this moment the hiking value of bitcoin does not support your point .
Talking about bitcoin never going past $7000 , you must check the market now . Bitcoin is approximately $7330 which clearly indicated that it is already past $7000 and it may also go past $8000.  It is not predictable as fiat money . Every time an unusual thing happens in the bitcoin market.

[Iveyalla]

And now, $7K has happened to bitcoin. This isn't about the difficulty for bitcoin to get past it. But about the strong bitcoin holders beliefs about the future so they are not tempted to sell btc. And this is what supports bitcoin over $7K now.

[Eternu]

You are partially right, there will be a correction of price soon. But I don't agree that price can't go more than 7000$. Today price of Bitcoin was areound 7400$ , and after fork and SegWit2x it will go even more up. Who can say with certainty how much 1 Bitcoin is worth?  As long as people are buying, price will go up. How much? Only time will tell.

[franco123]

That's what they also said years ago when Bitcoin was just starting to increase. And now, it is also continuing it's boom and I think it will also pass $7000 in the next year of maybe 1st or 2nd quarter. Sure Bitcoin is veey volatile. But it can always go a long way. It may have price drops that can be really shocking but Bitcoin has proven itself that it can recover and even come back stronger.

Also if you will be giving that strong statement, better yet explain it further and back it up with analysis, may it be fundamental or technical. Graphs can also be used for stronger points.

[Mehedi72]

Bitcoin already cross 6000$ and now 1 Bitcoin equals 6028.06 US Dollar.  Always believe in bitcoin and the price of bitcoin is raising so fast and
 if the price continue to growing in this way then  i think  bitcoin obviously can hit 7000$ or more before the end of this year

[Bitfyer]

I just came here to leave my laugh.
Hahahahahahahahah
It seems that someone was wrong

[-Sinner-]

I just came here to leave my laugh.
Hahahahahahahahah
It seems that someone was wrong

yep , in couple years, he will make a thread " why bitcoin can never go over 100.000$

[HalfDeck]

Bitcoin already cross 6000$ and now 1 Bitcoin equals 6028.06 US Dollar.  Always believe in bitcoin and the price of bitcoin is raising so fast and
 if the price continue to growing in this way then  i think  bitcoin obviously can hit 7000$ or more before the end of this year

Are you kidding me? The current price of Bitcoin is more than $7,000? Do you have update your information before post this post??? Currently, this thread is wrong because the Bitcoin price has passed this target and I think next target should be $10,000 for Bitcoin. Haha.

[bitcoin31]

If you see the price today of bitcoin is already 7200 dollars plus and im very happy for that. I think if you boight bitcoin when the price is lpwer than 6k dollars and you sell it now you can make some profit. I hope the bitcoin price will continue to increase so we can make more profit in the future. More bitcoin more money to come.

[bohr]

The "Assholes" ( bankers/lawyers) are now in control of BTC, and they'll  fuck her to death, and leave her with junky marks on her arms on a dark-street when they're done.

Libertarians & Crypto-Anarchists saw BTC as once in a life-time chance to be free of the assholes, but the assholes just see this as another daily way to FUCK and enslave the masses.

Everytime a whale dump his coins, a bankster will be buying it. And the more the bankster buy, the more they take the power from the whales.

That's why the pump and dump strategy is now dangerous. Whales cant do that anymore without risking their coins being sold to a bankster. You dont know to who you are selling your coins.

With the banksters in control of a big stash of BTC, its only a matter of time until bribing the miners to undermine the nodes, as the nodes are the last resistance to bankster domination. Bigger blocks means bigger chains, impossible to synch for the ordinary user. So only banksters will run it, in big databanks, centralizing it to their power.

They will not destroy bitcoin, but they will use it for a global currency, run by nodes in big databanks that only them can afford to buy. This currency will only be able to run through smartphones, without a downloaded blockchain and without any security.

Bankers are not as interested in adopting bitcoin as they are in trying to destroy it, they are not going to be very happy of giving up their power and just being whales instead of being the ones that control the world, they may be doing that in order to create a safety net in case they fail but make no mistake they want to destroy bitcoin and all alts except those that they control themselves.

[Mr.grin]

actually bitcoin has a higher potential than that price. well, the current bitcoin price is above $ 7000. and, I guess bitcoin still has a greater potential at this point to have a higher price. essentially the potentials on the bitcoin are endless.

[Pinoccio11]

Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

You know at the beginning of the year, too, there were people who spoke, but you that the maximum of 5k will be, where to him the threshold to pass, now I see raised the bar. It's all fortune telling, how can it happen and not. We can only wait time to understand this.

[Casdinyard]

Bitcoin is still fairly new to some, so I believe there is still room for growth.

That's true more people are getting into the crypto market and many have not been convinced about bitcoin and blockchain, while the others have not even heard of it. So, as time goes on, they will come in and which will push the price even higher.

We can assess that bitcoin is still blooming in the market and we're just in the early stage and bitcoin always wants to have its spotlight.
And while it touched its new ATH it created buzz in wall street and in the mouth of many people as so they're rushing to have some pieces. We believe that we can end the year with a big bang of $10000 as segwit2x got canceled.