What will help bitcoin reach 20k again?

[harizen]

Which updates in the coming months etc. will help bitcoin to recover to 20k again?

Continous demand after countering FUDs and negative speculation is the key for another bull run. There is no such thing as recover since we can considered the current price as "high". Remember that reaching 5 digits is already a good achievement so for now, as long as the price is sitting on that digit level then we can expect another bull run. We just used to experienced a large pump that's why when there is price decrease for up to (or around) $2,000-$3,000 we are in worries.

Updates or maybe you are referring for upcoming news and events isn't it? Well even how positive those it will depend on the impact on the community. So for now, let's just watch how the price moves and wait for that "upcoming events" if they will push up the price.

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[bribed]

I guess the only thing that will help Bitcoin to reach those price levels again is patience by its holders. The lack of patience that many new traders are bringing in is hurting Bitcoin. With a little time, the markets will sooner or later reach new heights as far as Im convinced.

[Idrisu]

Which updates in the coming months etc. will help bitcoin to recover to 20k again?

I seriously believe that the ban rumors of some countries are the major reason why bitcoin price remains uncertainty and it will take positive news about this banning for bitcoin to turn green and break the last high of $20,000. The few things that can also contribute is for some of the exchangers that has suspend new accounts to reopen it as this we bring new traders into the market.

[J. Cooper]

Nothing or nobody is going to help bitcoin to reach 20K again. The only thing that will allow bitcoin to hit 20k again is bitcoin itself and the community. Lightning network can be a big stimulus for the price because if LN works out fine a lot of people will think we finally fixed the final issue with bitcoin (which is a wrong perception of what bitcoin in it's current state is IMO). Nevertheless I'm not counting on a external factor to cause a boost in price, after all we really don't need more attempts at market manipulation even if it would cause the price to go higher.

[dothebeats]

Nothing can help bitcoin reach $20k again; it's just the supply and demand coming into play on the grand scheme of things. Right now, the demand for bitcoin is little compared to the available supply lying around, add to the fact that it's holidays still and some traders are still away and the recent bad news from South Korea and China. Positive press helps a lot in helping push the price up since it boosts the confidence of people to buy more than the usual. However the news and other developments related to bitcoin seem to stagnate at the moment resulting into a stagnation of the price as well.

[Slow death]

Which updates in the coming months etc. will help bitcoin to recover to 20k again?

Novogratz says:

Bitcoin could be at $40,000 at the end of 2018. It easily could

There's a big wave of money coming, not just here but all around the world

Wall Street Strategist Tom Lee Says Bitcoin Could ‘Easily Double’ in 2018

We still think the easiest way to look at Bitcoin, on a long term basis, is as a store of value. As the millennials generate income, they’re going to use it as a replacement for gold. If Bitcoin gets 5 percent of the gold market, that’s roughly $50 000 (per Bitcoin).

Bitcoin Adoption by Businesses in 2017

Bitcoin Destined For $28,000 In 2018 - Moas

Why do I think Bitcoin deserves the same valuation as gold? It’s very simple, I don’t know how much Gold there is in the ground, But I know how much Bitcoin there is, and I also know that if the current pace continues with one to two mln people around the world opening up new crypto accounts. We will have a few hundred million people by this time two years from now trying to get their hands on a few million Bitcoin that are available.

The number (of Bitcoin available) is a lot lower than what people think it is. A lot of the Bitcoin has been lost, some of it hasn’t been mined and then you have a lot of people like myself that just won’t sell their Bitcoin at any price.

Adoption will increase the price

[Hamstead]

Which updates in the coming months etc. will help bitcoin to recover to 20k again?

Our full support and trust towards bitcoin and the entire crypto world will surely boost for it's growth. Not exactly that it will saw it immediately but from time to time, we can see it will grow slowly.
The market is always on the moved and more individuals we're wanting to be a part of this fast growing industry. And therefore, their will be a big possibilities that bitcoin will soar again.

[lili song]

Yes It possible, because bitcoin will still up and shine for the price. I think $ 20,000 could be happen in this year.
Because of that too, I still invest in bitcoin for long term. I realized bitcoin more give profitable in my future.

[minersday]

Which updates in the coming months etc. will help bitcoin to recover to 20k again?

Even if it happens, it will take more than months until we can see those prices again, i am optimist about it, but i do not think that the price will climb toward those prices soon.

And if it happens, just prepare to sell all your altcoins because you will see a huge bloodbath on all your cryptos, except btc.

And for those who are saying that the ligthning network will pump the price, let me tell you that it is not going to get implemented because the huge large mining pools doesn't want it to get implemented.

[Blockfolioz]

No major issues have been found other than the FUD that has been generated to promote something else using the name of exchange ban. This too has been sought and now the price seems to be staggering for a price pumping that could grow the quoted $20k to record a new milestone.

[shinjunobi09]

Basically what will help bitcoin increase is through us if buy more bitcoin and help spread the good information regarding investing on it then it is a good chance that bitcoin will help increased it's price until it reaches 20,000.

[stayeduptolate]

Which updates in the coming months etc. will help bitcoin to recover to 20k again?

Unacceptable fee makes everyone think again when to buy or use bitcoin.
Demand will reduce and sites will stop bitcoin -------------> price will down.
when development complete LN network price will start back again.
also, exchange sites ban make effect good "reduce network spam"

yes , bitcoin will reach to $20000 again in the future because by comparing bitcoin from other cryptocurrency bitcoin is the topmost cryptocurrency and bitcoin become very popular in the world and the demand of bitcoin is countinously increasing towards the people because it help the to earn the money and many people become milliner by using bitcoin. Bitcoin will gain $20000 after two months easily.

[t1Zona]

We just need some time. Right now it's stable between 13-16 k, so as time goes by people who are scared after last big drop we'll think that in the end it's not so dangerous investment and that bitcoin resists. At least the same happens when I invest after previous big drops.

On the other hand Lighting Network is going to be quite important this year, and it'll help bitcoin price. At least it's what I hope.

[arwin100]

Which updates in the coming months etc. will help bitcoin to recover to 20k again?

Unacceptable fee makes everyone think again when to buy or use bitcoin.
Demand will reduce and sites will stop bitcoin -------------> price will down.
when development complete LN network price will start back again.
also, exchange sites ban make effect good "reduce network spam"

yes , bitcoin will reach to $20000 again in the future because by comparing bitcoin from other cryptocurrency bitcoin is the topmost cryptocurrency and bitcoin become very popular in the world and the demand of bitcoin is countinously increasing towards the people because it help the to earn the money and many people become milliner by using bitcoin. Bitcoin will gain $20000 after two months easily.

No doubt bitcoin is at the top since this one is the first cryptocoin made and been adopted well by many of us. And bitcoin create to much noise that's why we can see it getting more demands on it so we expect that it will pump if this adoption continuously rise and we cannot say that bitcoins will rise until 2 months time frame since the dip goes hard with it and their is a current Korean issue killing the trust of wake hands and doubting minded guys.

[Lucius]

BTC can reach 20 000$ in few days,this is not big problem-but how to keep it in that level is quite another thing.Strength of BTC should be in small people around the world,and in this moment they are in some way excluded because they can not pay high fees and they transaction get stuck for weeks.When that problem be solved, people will start to buy/sell use more BTC and money will flow again in BTC.

We see that it is impossible to even keep 16 000-17 000$ levels,whales always dump their coins and reverting us back.I think this year shoud be more focus on scalability and to regulation of cryptocurrency in world,until these issues are resolved price can just be pumped up and then go down again.

[Ararbermas]

Basically what will help bitcoin increase is through us if buy more bitcoin and help spread the good information regarding investing on it then it is a good chance that bitcoin will help increased it's price until it reaches 20,000.

 perhaps like what happened before when bitcoin becomes popular all over the internet we see the price touch down the all time high price for the first time. However maybe that is the specific ways to increase the valued of bitcoin again which is we need to spread the good information about it and advertise bitcoin through our different social media account to attract some of the big companies to invest in bitcoin.

[Pursuer]

Which updates in the coming months etc. will help bitcoin to recover to 20k again?

I seriously believe that the ban rumors of some countries are the major reason why bitcoin price remains uncertainty and it will take positive news about this banning for bitcoin to turn green and break the last high of $20,000. The few things that can also contribute is for some of the exchangers that has suspend new accounts to reopen it as this we bring new traders into the market.

the bitcoin ban FUD is not known to be affecting bitcoin price for long or big. the biggest news was the Chinese bitcoin ban FUD which only lasted about a week. and although we currently are within the same amount of time but I think the biggest reasons are still the rise itself which required a correction time like this and also the unacceptably high transaction fees.

with that said there has been a drop in number of transactions in mempool although the size is still the same so I think they have at least slowed down the spam attack for now.

[tatnM]

I think bitcoin as a minimum will once again test the mark of $ 20,000 and go even higher and we all will see it this year)) those who bought at such heights then wait of course.

[Denker]

BTC can reach 20 000$ in few days,this is not big problem-but how to keep it in that level is quite another thing.Strength of BTC should be in small people around the world,and in this moment they are in some way excluded because they can not pay high fees and they transaction get stuck for weeks.When that problem be solved, people will start to buy/sell use more BTC and money will flow again in BTC.

We see that it is impossible to even keep 16 000-17 000$ levels,whales always dump their coins and reverting us back.I think this year shoud be more focus on scalability and to regulation of cryptocurrency in world,until these issues are resolved price can just be pumped up and then go down again.

Regulation? Bitcoin doesn't have to wait for some power greedy old men to regulate it or announce bullshit laws.
Bitcoin will keep evolving whatever these old dinosaur say or do.
Bitcoin won't give a damn! This is the cypherpunks building their system, outside of the existing one.
Jesus what kind of bs are you writing here!

[1Referee]

with that said there has been a drop in number of transactions in mempool although the size is still the same so I think they have at least slowed down the spam attack for now.

In current times there is no need for anyone to spam the network. The increased usage and wild price swings make people transact back and forth like crazy, and thus this can be seen as free network cluttering for those who would otherwise spam the network themselves. The only thing we can blame certain miners for, is minting near empty blocks. Today it were BTC.TOP and Antpool who minted both a near empty block, which is just ridiculous in current times. People and services are desperately waiting for confirmations, and these bastards just troll everyone by making them wait longer, and further clutter the network. In the last few days Antpool minted four near empty blocks, which has become a frequent practice for them.