Bitcoin will never reach $20 again

[Ruzka]

Two-digit prices seem to be very far-fetched as of the current times, seeing that different infrastructures and businesses are already built around bitcoin. Even if it fall to a hundred dollars a piece, it would easily rebound back up due to many investors relying on it to profit.

Not sure if you read the op or not but it was a long time ago.
It was not a doom crashing thread but doubting the extent that it would rise again.
I feel kinda sorry for the guy he sold all and then watched over the next couple of years as his coin would have made him a millionaire lol
If it fell to $100 there would be good reason behind that and I would not be so sure that it would be bouncing back.
Only a broken BC could bring the two digit again.

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[pneumatic5]

I guess it is good to sometimes look back at these old threads when you doubt the future of bitcoin. Grab the charts with it and see how "bad" it looked back than and where bitcoin has gotten since.

Swings and sideways movements will always be part of it, it can't always be about going up weeks and months in a row.

I think it will not go lower. I just think it is going to rise even though it has a very low value now. Many people are there now and think negatively about Bitcoin is very bad stuff.
But you have really just need patience.

Yeah, it won't go that lower in future again, but there are possibilities that it might again fall to $250 in near future, totally depends on the adoption level of new users getting into it.

[pearnapple]

of course it wont, from 420$ to 20$, not logical in any way, well it could happen, but  i don't think that everyone will sell bitcoins at once

[Natniadan]

Probably 4-digits first before (if ever) going into double digits again

It will go to $5000 before go to $20. As long as bitcoin is accepted by general public, the price will rise.

[kacak41]

of course it wont, from 420$ to 20$, not logical in any way, well it could happen, but  i don't think that everyone will sell bitcoins at once

Yeah and that simply impossible that it would fall that low, and if it does it means that's an end of bitcoin revolution and bitcoin would simply disappear.

[ampere]

of course it wont, from 420$ to 20$, not logical in any way, well it could happen, but  i don't think that everyone will sell bitcoins at once

Yeah and that simply impossible that it would fall that low, and if it does it means that's an end of bitcoin revolution and bitcoin would simply disappear.

Yes and if reaches to that value it means that's an end of bitcoin revolution, and people who invested at higher price and didn't sell at a right time would regret for entire life.

[bitlancr]

Of course it wont reach that. And it will also not be good. If you have a good look you can see that the value is slowly rising now.
And that is very good. It is perfect for those people who has made an investment earlier.

[takingthis4]

Yeah, thing as popular as bitcoin can't die, if it would go to 20$ it would be dead,  in fact price if it will grow more and more, won't drop down

[gregyoung14]

Yeah, thing as popular as bitcoin can't die, if it would go to 20$ it would be dead,  in fact price if it will grow more and more, won't drop down

If this happens, then all of us would then be dead! This is a big joke. Bitcoin will stay here for long, and if you think about it, it's actually true that if it drops to 20, it's good as dead..

[bitlancr]

Bitcoin will never reach 20 and that will be also not good for us that have Bitcoin. If you can see you see that the price is rising.
But you never know what can happen later in the future. It can be also fall down and that wont be very good.

[S3052]

Bitcoin will never reach 20 and that will be also not good for us that have Bitcoin. If you can see you see that the price is rising.
But you never know what can happen later in the future. It can be also fall down and that wont be very good.

never say never..
Remember that it is all relative, as it is the ratio to the USD. if USD rises a lot 20$ are possible. Or, bitcoin prices may crash big time again in some point.
Never say never.

[Nimbulan]

I don't think that people will be so dumb, and will sell all of their bitcoins so price will go to 20$ only,if price will be around 100$ they should stop selling them

[Mitchow]

I don't think that people will be so dumb, and will sell all of their bitcoins so price will go to 20$ only,if price will be around 100$ they should stop selling them

Yes, I think that would end the life of bitcoin, if the price falls that low, and people would stop believing in bitcoins for sure, and when it comes to bitcoin anything is possible.