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Author Topic: Bitcoin will either go to $8000 or $20000.  (Read 846 times)
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December 25, 2017, 05:32:53 AM
 #61

But the greatest prediction I've heard came from John McAfee, he first predicted that bitcoin will reach $5,000 at the end of 2017, and his prediction for 2020, bitcoin will be $500,000. Now he made a new prediction, bitcoin will reach $1,000,000 at the end of 2020, and he's going to eat his own di*k on national television if it didn't happen. 

Then I guess McAfee will be in a lot of trouble by 2020. By 2020, there will be close to 17.5 million Bitcoins circulating in the market and if the price of one Bitcoin rises to $1,000,000, then the market cap will be somewhere close to $17.5 trillion. This amount is almost 3 times higher than the market cap of gold and close to 6% of the total global wealth.

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December 25, 2017, 05:35:06 AM
 #62

Which do you think is more likely to happen?
I think it's time for a DUMP as the PUMP had recently occurred with the value of bitcoin reaching till $19k,unfortunately it couldn't touch the milestone of $20k.
So, lately the price of bitcoin has been wandering about $13k-$14k.The chances of bitcoin falling around $8k has more chances than the value rising to $20k as of now.
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December 25, 2017, 05:37:24 AM
 #63

Which do you think is more likely to happen?

Seriously? 8000$ is so low to even ask at the moment 13000$ is even the end dip and recovering. So I’m into 20000$ and that an easy choice. That is the farthest at this point and even have the possibility to happen before year end. That is an optimistic opinion and likely to happen in 50/50 chances.
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December 25, 2017, 05:41:34 AM
 #64

Which do you think is more likely to happen?


I guess we'll never know what's going to happen. but if viewed from bitcoin story, it is not impossible bitcoin can reach new record from time to time. this is what makes bitcoin always special

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December 25, 2017, 05:46:32 AM
 #65

Which do you think is more likely to happen?

I think bitcoin will not go down to $8000 anymore. Bitcoin will set again its highest value this coming 2018 not just $20000 more than that. As we can see when bitcoin goes very down it always comeback with a huge pump and always set record.

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December 25, 2017, 05:50:16 AM
 #66

But the greatest prediction I've heard came from John McAfee, he first predicted that bitcoin will reach $5,000 at the end of 2017, and his prediction for 2020, bitcoin will be $500,000. Now he made a new prediction, bitcoin will reach $1,000,000 at the end of 2020, and he's going to eat his own di*k on national television if it didn't happen. 

Then I guess McAfee will be in a lot of trouble by 2020. By 2020, there will be close to 17.5 million Bitcoins circulating in the market and if the price of one Bitcoin rises to $1,000,000, then the market cap will be somewhere close to $17.5 trillion. This amount is almost 3 times higher than the market cap of gold and close to 6% of the total global wealth.
Honestly, I believe it can reach to that amount, but not in 2020. If I'm not mistaken, many investors believe that bitcoin will surpass the market cap of gold. But if it do happened in 2020, and the transactions are still slow and high fees are not yet resolved, I don't see bitcoin as a new currency, I will only see it as an asset.

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December 25, 2017, 05:59:08 AM
 #67

look at bitcoin price now around $13000 for several days.
I think bitcoin will increasing up slowly. I hope will rise until create new record in $20000
I'm not too worry bitcoin will down until $8000 because bitcoin still have huge potential to growing
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December 25, 2017, 06:09:24 AM
 #68

Which do you think is more likely to happen?
I am confident that the Bitcoin will rise in price. Because, no matter how many times he did not fall in price. After that, it grows in price even more than ever before.

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December 25, 2017, 06:17:14 AM
 #69

It will go up for sure:
2018 = 20k - 30k

although I will be happy even with 14k - 19k price LOL
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December 25, 2017, 06:19:45 AM
 #70

Of course, the choice of 20K, there is no reason to return to the 8K, so many investors into the encrypted money market, now is the best time to buy. I think that as the continued tension in the international situation has increased the heat of the market, it will soon exceed 20K
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December 25, 2017, 06:20:47 AM
 #71

I think it will not go down to $8000 anymore as it already known much this year but its kinda hard for it to reach $20000. Holidays affects the movement of bitcoin's value because of peoples expenses. I guess on january people will start high investment than usual and bitcoins price is low so the tendency of investing is high.
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December 25, 2017, 06:35:08 AM
 #72

With the current bitcoin development I have confidence that prices will continue to increase every year And will not go down because enthusiasts to have bitcoin continues to grow.I estimate the price will reach $ 8000.

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December 25, 2017, 06:38:04 AM
 #73

$20K is not the maximum price of bitcoin so it will continue to rise even after crossing $20000.But bitcoin is too volatile so we don't expect when the price will dump and bump so learn to surf with the waves.If you are a long term investors you just sit back and watch the show don't panic of price bumps which is just temporary in bitcoin.

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December 25, 2017, 06:38:19 AM
 #74

Which do you think is more likely to happen?
As it was badly affected by the record of bitcoin in 20k, it then fell sharply and now it does not rise so fast. So everything will be, but next year, what price I do not know, but not small is a fact.

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December 25, 2017, 06:53:22 AM
 #75

hope for 8000$, the last opportunity for another successful purchase at a good price... in case this happens
further only to the moon
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December 25, 2017, 07:02:47 AM
 #76

In my opinion, bitcoin's price would go sideways until the implementation of lightning network. Its value today is already proof that bitcoin is a strong brand in cryptocurrency world because of popularity and all the dramas that happened this year.
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December 25, 2017, 07:05:09 AM
 #77

In my own opinion, The value of bitcoins is decreasing because christmas is done and does not mean that it will decrease up to $8k because for now it is already stable at $13k.  Just wait again for next year because the price is always pumping every december.
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December 25, 2017, 07:08:04 AM
 #78

Which do you think is more likely to happen?
I think it go to 20.000 sooner in 2018

How are you reliably predicting that? We should not make statements without backing it up with some sort of motivation for your prediction. Always remember that we should be responsible for our actions, when things goes wrong.

People invest their life savings in Bitcoin and they might lose everything if we make wild predictions.

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December 25, 2017, 07:11:30 AM
 #79

I think it will reach $ 20,000, I believe in that, and wait in 2018.
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December 25, 2017, 07:16:00 AM
 #80

Both are possible, but in my opinion $20k is much more likely.
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