enterprevic1 (OP)
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December 06, 2017, 09:50:04 AM |
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Coupled with the rate at which the price of bitcoin has been increasing lately. I'd like to know how long it would take bitcoin to reach $25k since it took it just a year to rise from $1k to $10k(which was pretty cool and fast) but I doubt if it can rise as fast as that again
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dx_twisted
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December 06, 2017, 10:20:11 AM |
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Although we're already half way to achieve that mark ($12.5k) , it's still a long way to go, and there might be events which might occur that will affect the rise and fall of BTC price. Imagine, in just a couple of months, it already reach $10k were people most predicted it will happen before the end of December or 1st qtr. 2018. Nowadays, its really hard to predict because of its movement which is kinda gradual. As Bitcoin continue to increase its popularity and expanded its purpose, to which more people will be influenced and accept this digital currency, it might reduce the time frame needed to reach the $25k mark.
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bear100
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December 06, 2017, 10:28:15 AM |
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Coupled with the rate at which the price of bitcoin has been increasing lately. I'd like to know how long it would take bitcoin to reach $25k since it took it just a year to rise from $1k to $10k(which was pretty cool and fast) but I doubt if it can rise as fast as that again
You know the volatility level of Bitcoin, right? And also you know, that Bitcoin can be hardly influenced by some news. Of course there is also a "whales" influence (big market makers). So to predict the time-frame for reaching $25k is too hard. |
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surix
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December 06, 2017, 10:29:33 AM |
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It all depends how it will work out when it will be listed on future trading on CMC. I think it can reach 25k in 2018 and 50k in 2019, and that will be 1 trillion market size for BTC alone.
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AidenCasanova
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December 06, 2017, 10:41:35 AM |
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already too much prediction already made by professional and some of them is logical and some of it is irrational
it needs 8 years to accept by so much people and investor at 10k price
and it just need a couple of week to reach from 10k to 12.5k
i think this one will go up higher and down a little because some people will take profit and someone who lost train will try to make it down for a while as usual, there is so many big investor who lost this train
time frame to reach 25k??
maybe in a year or two IF no big bad thing's happen
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Ranly123
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December 06, 2017, 10:48:32 AM |
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Coupled with the rate at which the price of bitcoin has been increasing lately. I'd like to know how long it would take bitcoin to reach $25k since it took it just a year to rise from $1k to $10k(which was pretty cool and fast) but I doubt if it can rise as fast as that again
As you can see the rise rate of bitcoin you can alresdy say that it would reach $25k mid 2018. Nevertheless there is still worry on how it will drop, yes for now it is rising rapidly and supassed some of the market investments. But always remember the volatility of bitcoin and other cryptocurrency which make it to risky yet enjoyable to invest. For now let us enjoy how bitcoin plays in the market and on how we profit on it. $25k by 2018 is real and much prediction is $45k by the end of 2018. |
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bryant.coleman
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December 06, 2017, 10:52:33 AM |
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Today Bitcoin rose by more than 10%. At this rate, we are going to breach the $25,000 per coin mark before the end of this month. I am not joking... The next major resistance level is going to be at $25,000 per coin. Those who were planning to sell their coins have already done that, at 10K levels.
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nl247
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December 06, 2017, 11:00:11 AM |
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Coupled with the rate at which the price of bitcoin has been increasing lately. I'd like to know how long it would take bitcoin to reach $25k since it took it just a year to rise from $1k to $10k(which was pretty cool and fast) but I doubt if it can rise as fast as that again
As you can see the rise rate of bitcoin you can alresdy say that it would reach $25k mid 2018. Nevertheless there is still worry on how it will drop, yes for now it is rising rapidly and supassed some of the market investments. But always remember the volatility of bitcoin and other cryptocurrency which make it to risky yet enjoyable to invest. For now let us enjoy how bitcoin plays in the market and on how we profit on it. $25k by 2018 is real and much prediction is $45k by the end of 2018. If we really are to look at the increase rate of bitcoin right now, that is a value that is possible. However, we also have to consider that nothing can last forever. Anything can happen in the middle of it all that can cause a downtrend in the value of bitcoin. With the way things are going though, it seems bitcoin is really taking up all the space in the atmosphere and the value just seems unstoppable which to me is even scary right now and I would want to watch out. |
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E-conomist
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December 06, 2017, 11:10:51 AM |
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Mometaskers
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December 06, 2017, 12:57:03 PM |
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If it would follow this rate then we MIGHT get there by end of next year. And that is a MIGHT. It's quite volatile, the main reason people are flocking to it now. There are still a lot of things that can happen. We are not dealing with simple supply and demand, these are anxious people who are not always rational.
So many things can touch off a plunge, like more bad news from China, IRS, etc. Same way that there might be events that might push people to buy BTC, like the rumored plan by the EU Central Bank to remove insurance.
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lucifochrome
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December 06, 2017, 01:05:50 PM |
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With how bitcoin is performing right now i can say that maybe we will reach 25K by May of 2018 but since there are other contributing factors that affect the rise and fall of bitcoin's price, no one can accurately say when we will reach that point. Specially if the whales makes a sudden dump most small players will feel the impact of that and it will take some time for the price to recover.
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zhekinsp
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December 06, 2017, 01:12:44 PM |
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Coupled with the rate at which the price of bitcoin has been increasing lately. I'd like to know how long it would take bitcoin to reach $25k since it took it just a year to rise from $1k to $10k(which was pretty cool and fast) but I doubt if it can rise as fast as that again
If the bitcoin is going with the same rate then we can hit $25K in just three months but i hope there maybe a price correction will occur soon at the end of this year or with the new year so the bitcoin may hit that value in the mid 2018. |
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miyaka26
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December 06, 2017, 01:14:14 PM |
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Coupled with the rate at which the price of bitcoin has been increasing lately. I'd like to know how long it would take bitcoin to reach $25k since it took it just a year to rise from $1k to $10k(which was pretty cool and fast) but I doubt if it can rise as fast as that again
as long as the scaling, slow transaction and higher fees issues are not fixed by the core developers, I doubt it will have a vast increase of 25k for this coming year, that amount requires a lot of users, investors and traders to reach that price and with slow network and scaling problems these will just get worse resulting for other people to switch to other cryptocurrencies, but I hope these issues will address properly by the devs and the promising prices will reach this coming year. |
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HeRetiK
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December 06, 2017, 01:36:14 PM |
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[... classic bubble graph ...]
Depends on where you think we are on the curve..
Judging on the high increase of media attention I'd say we're in the mania phase right now. The interesting part being that in the case of BTC we are seeing the public entering the market way before institutional investors, so who knows where we really are. And especially, how institutional investors will shape the market. But maybe... just maybe... we're not in a bubble after all. Yet. |
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Murloc
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December 06, 2017, 02:05:32 PM |
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Today Bitcoin rose by more than 10%. At this rate, we are going to breach the $25,000 per coin mark before the end of this month. I am not joking... The next major resistance level is going to be at $25,000 per coin. Those who were planning to sell their coins have already done that, at 10K levels.
Well, it is a pretty stupid math if you are just taking the current growth and multiplying by the number or days  Also I can't take serious (in average term) all those resistance levels simply because BTC is in a pretty big bubble right now. If it gets higher now then the correction (real one, not this +- 1k bullshit) will be very painfull. |
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Kemarit
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December 06, 2017, 02:39:19 PM |
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Coupled with the rate at which the price of bitcoin has been increasing lately. I'd like to know how long it would take bitcoin to reach $25k since it took it just a year to rise from $1k to $10k(which was pretty cool and fast) but I doubt if it can rise as fast as that again
We can't really compare the rate of price rise this year and interpolate that it will be continued growth with that kind of increase. This year is like more than 1000% but we are not sure if that goes with 2018 as well. I think the growth will not be the same next year though. Bitcoin price has been pushed lately to the extreme that it could go lower in the next coming years. Most probably around 2-3 years we can get to $25,000. There are still the scaling issue, high transaction fees and slow confirmation that will continue to haunt us. I'm all with all this bullish run but at some point in time we are going to hit a wall that growth will be very slow. Let's see how it goes though, and I hope that I'm wrong with my prediction ( which I usually does).  |
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okissabam
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December 06, 2017, 03:47:15 PM |
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It really depends on the news or forks that's coming too. It maybe too near to reach $25k but it is still a long way to go. Since bitcoin is mostly known for its price fluctuations, it is also possible it might decrease a few dollars before it'll try to reach a new ath again. And bitcoin is more widely known now than it was way back the first of this year so we can't really compare the price because of bitcoins popularity.
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Dudeperfect
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December 06, 2017, 03:49:59 PM |
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Well, I am expecting last quarter of the next year to hit $25K level but it won't remain stable at that point because the growth rate of adoption would be massive but mass awareness would be slower so things like panic selling would take place with a higher frequency resulting in increase in the volatility in the price. Thus, I think we might see some new high levels but it won't stabilize at that point for a long time.
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ss890
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December 06, 2017, 04:04:29 PM |
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Coupled with the rate at which the price of bitcoin has been increasing lately. I'd like to know how long it would take bitcoin to reach $25k since it took it just a year to rise from $1k to $10k(which was pretty cool and fast) but I doubt if it can rise as fast as that again
I think it will take from one year to two years of period to reach that much price. The thing is we will have to reach that much market cap first so that we can see the ray of hope to reach out the 25K valuation for the bitcoin. Current market stats is at 200B plus and we will need more 350 +/- Billion market cap to be reached by that period so that we can see that high rates. This is all about the money that is being put into the market. If the rate of investment continues like this then there will be good chance to reach the price of 20K in next six months and then we can predict the market agin after there. |
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jimbo2000
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December 06, 2017, 04:23:41 PM |
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Coupled with the rate at which the price of bitcoin has been increasing lately. I'd like to know how long it would take bitcoin to reach $25k since it took it just a year to rise from $1k to $10k(which was pretty cool and fast) but I doubt if it can rise as fast as that again
Well no one can say with certainty but we are now half way there. If I had to guess I think we will see $25k sometime in the summer of 2018. I think we will push towards $50k by the end of 2018. If bitcoin follows its recent trend it can be much sooner and within the first months of 2018. |
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