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Author Topic: Will we ever see 20k+ again?  (Read 1627 times)
Sukut
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January 20, 2018, 02:04:02 AM
 #1

(I'm all-in in Bitcoin for the record) I don't want to be a pessimist but I'm kinda going in to that direction.

We all know crypto bled quite bad the past week. Because of bunch of government issues, futures contacts, unconfirmed transactions and what not... We all also know that Bitcoin is neither the fastest nor the safest crpto currency out. The 3rd generation coins are way more in demand and people are in talks of the 4th generation. I'm wondering if BTC will ever see the light of day.

Tether deposited another 400 million USD to BTC, and it's said this is the reason BTC had an upward movement. However, my perspective is a bit blurred and I can't help myself but get more pessimistic about it.


When Bitcoin was around 18k, the only thing that was talked was whether it was the biggest bubble in history or not and (if it is) when it's going to burst. Now that it went up to 20k and went back down to 9k, it looks more of a bubble than not.

I'd like to hear what forum people say.
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vk279
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January 20, 2018, 02:13:05 AM
 #2

Every market like stocks commodities Interest rates etc see corrections upto 75 % which doesn't mean that they will not go back up higher and history proves otherwise.  These corrections in fact are healthy. There can be many many factors behind these moves.  Bitcoin being the first crypto with early mover advantage and with improvements like Lightning Network in the works, Bitcoin will keep growing and will see new highs in the near future.

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January 20, 2018, 02:27:44 AM
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(I'm all-in in Bitcoin for the record) I don't want to be a pessimist but I'm kinda going in to that direction.

We all know crypto bled quite bad the past week. Because of bunch of government issues, futures contacts, unconfirmed transactions and what not... We all also know that Bitcoin is neither the fastest nor the safest crpto currency out. The 3rd generation coins are way more in demand and people are in talks of the 4th generation. I'm wondering if BTC will ever see the light of day.

Tether deposited another 400 million USD to BTC, and it's said this is the reason BTC had an upward movement. However, my perspective is a bit blurred and I can't help myself but get more pessimistic about it.


When Bitcoin was around 18k, the only thing that was talked was whether it was the biggest bubble in history or not and (if it is) when it's going to burst. Now that it went up to 20k and went back down to 9k, it looks more of a bubble than not.

I'd like to hear what forum people say.
may. After a strong rebound, btc and the crypto market are showing signs of recovery. Maybe btc is $ 20k again, but it will probably take a long time because of the current drop in investment. In addition, the impact of the recent downturn has made people fear the safety of their investments, so it is certain that the market will grow slowly.

soll-moll
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January 20, 2018, 03:05:02 AM
 #4

For now, I think the price of BTC is unable to return to 20,000 US dollars, because the sharp drop in BTC prices, which has hit the confidence of investors, it will take a long time to recover. But I think in March 2018 may be close to 20,000 US dollars price.
Scallywag
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January 20, 2018, 03:28:52 AM
 #5

For now, I think the price of BTC is unable to return to 20,000 US dollars, because the sharp drop in BTC prices, which has hit the confidence of investors, it will take a long time to recover. But I think in March 2018 may be close to 20,000 US dollars price.
I agree , but i think if this ''crash'' hurt your confidence in bitcoin you didn't know what you were getting in to. But bitcoin has gone from $1000+ tot $150 to go to 20k. So keep that in mind.
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January 20, 2018, 03:34:47 AM
 #6

(I'm all-in in Bitcoin for the record) I don't want to be a pessimist but I'm kinda going in to that direction.

We all know crypto bled quite bad the past week. Because of bunch of government issues, futures contacts, unconfirmed transactions and what not... We all also know that Bitcoin is neither the fastest nor the safest crpto currency out. The 3rd generation coins are way more in demand and people are in talks of the 4th generation. I'm wondering if BTC will ever see the light of day.

Tether deposited another 400 million USD to BTC, and it's said this is the reason BTC had an upward movement. However, my perspective is a bit blurred and I can't help myself but get more pessimistic about it.


When Bitcoin was around 18k, the only thing that was talked was whether it was the biggest bubble in history or not and (if it is) when it's going to burst. Now that it went up to 20k and went back down to 9k, it looks more of a bubble than not.

I'd like to hear what forum people say.

$ 20,000 will come now, now and never when you can buy it from $ 11,000 and wait it up to $ 20,000, whether it's up to that level I believe is premature with the potential of Bitcoin!

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January 20, 2018, 03:39:18 AM
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The increase in price of Btcoins was too much in the year 2017 and thus this correction occurred. It will be $20000 this year itself.

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January 20, 2018, 03:39:41 AM
 #8

(I'm all-in in Bitcoin for the record) I don't want to be a pessimist but I'm kinda going in to that direction.

We all know crypto bled quite bad the past week. Because of bunch of government issues, futures contacts, unconfirmed transactions and what not... We all also know that Bitcoin is neither the fastest nor the safest crpto currency out. The 3rd generation coins are way more in demand and people are in talks of the 4th generation. I'm wondering if BTC will ever see the light of day.

Tether deposited another 400 million USD to BTC, and it's said this is the reason BTC had an upward movement. However, my perspective is a bit blurred and I can't help myself but get more pessimistic about it.


When Bitcoin was around 18k, the only thing that was talked was whether it was the biggest bubble in history or not and (if it is) when it's going to burst. Now that it went up to 20k and went back down to 9k, it looks more of a bubble than not.

I'd like to hear what forum people say.

I don't know. I think bitcoin price will be around $12.000-$14.000 in couple next month.
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January 20, 2018, 03:40:04 AM
 #9

I think bitcoin although the price up and down we never see 20k again as of now because some countries imposed a banned and not legalize that would affect some of the investors but I feel before the end of this year btc will rise up the price more than 20k.
belyaevi
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January 20, 2018, 03:40:16 AM
 #10

It will reach $20000 in next six months and then $30000 by the ned of the year. Thus by investing your money now, you can triple it an year.
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January 20, 2018, 03:45:21 AM
 #11

(I'm all-in in Bitcoin for the record) I don't want to be a pessimist but I'm kinda going in to that direction.

We all know crypto bled quite bad the past week. Because of bunch of government issues, futures contacts, unconfirmed transactions and what not... We all also know that Bitcoin is neither the fastest nor the safest crpto currency out. The 3rd generation coins are way more in demand and people are in talks of the 4th generation. I'm wondering if BTC will ever see the light of day.
Well, Bitcoin is still more valuable than the 3rd or 4th generations of the coins, even though its speed isn't fast and the fees are huge but still its used in higher volumes due to its huge community. According to me, its still in the light of day, and it might take the others some good time to reach its level of value and community.

Tether deposited another 400 million USD to BTC, and it's said this is the reason BTC had an upward movement. However, my perspective is a bit blurred and I can't help myself but get more pessimistic about it.
I haven't heard about that 400 million USD news, but I am still confident that Bitcoin will have its upward movement again, and that moment will not be limited to the Tether only. Be optimistic about the Bitcoin, and I am very sure that it wont disappoint you.

When Bitcoin was around 18k, the only thing that was talked was whether it was the biggest bubble in history or not and (if it is) when it's going to burst. Now that it went up to 20k and went back down to 9k, it looks more of a bubble than not.

If its a bubble then keep in mind that it wont burst any soon. I know that some people might get discouraged because of its down movements, the way they got discouraged when China started banning it, but if you really look at the matter, you will be amazed that how good is the current time to invest in it. The Bitcoin bubble is way far from its completion, $20k is just the beginning, you might see more such levels in future.
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January 20, 2018, 03:46:22 AM
 #12

This year we will definitely see the price of bitcoin exceeding 20,000 dollars. However, this will not be a very fast process. Bitcoin is heavily influenced by various bad news factors, negative decisions of governments and controlling bodies. In addition, in order to rise well in price, bitcoin urgently needs to solve his internal problems and shortcomings associated with his transactions. This will take some time.
       Bitcoin, of course, sharply rising to $ 20,000 last month, has clearly manifested itself as a financial bubble. That is, he showed the risk of his investment from this point of view. However, it has great potential in this respect and, perhaps, can inflate its price to hundreds of thousands of dollars without any problems. Nobody knows the ultimate capabilities of the crypto currency.

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January 20, 2018, 03:48:29 AM
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It will reach $20000 in next six months and then $30000 by the ned of the year. Thus by investing your money now, you can triple it an year.

Wakka Wakka lol

I just need it to go back over 13 so i can convert
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January 20, 2018, 03:51:12 AM
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Now bitcoin will take lomg time  to reach 20K line because other competitors' altcoins are now getting grow and more popular for example - Ethereum, Bitcoin cash and neo etc etc.  Price of anything increase when demand and supply rules works in well manner.

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January 20, 2018, 03:52:47 AM
 #15

Yeah, why not. Bitcoin will rise again, I would like to see that 20k USD number again. All we need to do now is just invest in and price will grow up easily.
A lot of peoples are afraid to lose their money in investment, but you need to take a risk to get something in return.
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January 20, 2018, 03:56:40 AM
 #16

It seems people have received their crystal balls from Amazon faster than me Sad

John McAfee said 1 000 000$ by 2020! You're such lowballers boys!

haha, just kidding, no offense Smiley

Who knows though? I do think that there is more to come. People freak out like it was the end everytime there is a correction - everytime.

In a volatile market like that it happens often at best. Retracement was to be expected (easier said after the fact though I know).

In any way, who thought such unsupported growth could last 'forever'?

Hang on...the road is bumpy but we'll get there!

Sit thight and try to enjoy the ride.

Good 'luck' Smiley
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January 20, 2018, 04:05:05 AM
 #17

The 2000$  mark has become a permanent  level in bitcoin trading history  chart.  The possibility  of reaching that level again is very high. I am anticipating  that it will even pass that 20k dollar mark by the end of first quarter  of 2018
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January 20, 2018, 04:12:14 AM
 #18

(I'm all-in in Bitcoin for the record) I don't want to be a pessimist but I'm kinda going in to that direction.

Then, if you are a pesimist one, then why are you holding all your money on Bitcoin? it is like being a wealthy man, you have millions of dollars, and you putting everything on the same commoditie, currency, investment, and so on.. Do not do that, if you do not trust in bitcoin after all, just diversify your entire investment between a few more altcoins.

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January 20, 2018, 04:13:14 AM
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Every market like stocks commodities Interest rates etc see corrections upto 75 % which doesn't mean that they will not go back up higher and history proves otherwise.  These corrections in fact are healthy. There can be many many factors behind these moves.  Bitcoin being the first crypto with early mover advantage and with improvements like Lightning Network in the works, Bitcoin will keep growing and will see new highs in the near future.

Corrections is very normal and its good to see that bitcoin corrects because its an indication that this market is really serious to reach the top. Bitcoin will hit that price again and make a new all time high we just need to relax and focus on accumulating more holdings.
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January 20, 2018, 04:16:20 AM
 #20

For bitcoin $20000 mark is not a big task since it met that mark already. Every currency related things will always have a up and down trend but for Bitcoin every one is talking something negative because it is new concept of digital currency. I hope $20000 mark can be crossed in another 6 months maximum and Bitcoin is expected to reach $40000 this year end, this has predicted by experts in cryptocurrency.

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