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Author Topic: Will we ever see 20k+ again?  (Read 1934 times)
cryptorTUX
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January 20, 2018, 08:45:25 AM
 #41

Wait so who cares about all that crap. So tether is investing in bitcoin with people's money? Lol that's priceless. What a sketchy crypto or company or whatever the hell they're supposed to be. Oh and 400MM in volume wouldn't really do all that much but whatever. They are free to believe whatever they want.

From my under bitfinex is behind tether and there's a funny twitter account that I saw the other day and it tweets when tether prints out or make new money. Thing is that many exchanges include it because they can skip the regulation process about the dollar and because of his is crypto it's easier to implement. Furthermore it doesn't seem to hurt tether price at this moment because people believe and agree upon it be worth one us dollar.
Targusluxe
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January 20, 2018, 08:47:44 AM
 #42

(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.


Nobody know's even the pro can't tell what exactly will happen to bitcoin. Lets just hope that it will bounce back to its high's.

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mxyzptlkof6th
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January 20, 2018, 08:48:29 AM
 #43

(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.
It is not a bubble. The government is just making moves to make the value of bitcoin like a bubble so that investors will stop investing. The plan is to make btc as if it was a dangerous type of currency.
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January 20, 2018, 08:51:48 AM
 #44

The recent price drop has taken place due to the bam of cryptocurrency exchanges functioning on South Korea which has been contributing a large scale support to the community. Along with this the regulations that has been getting initiated into China who has been positioned at the top list of bitcoin using countries lead to the drop and now it has been getting retained.

tegarp90
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January 20, 2018, 08:57:10 AM
 #45

sure it's soon. it's already break the resistance on 12,500. it will go 20k by february i think. and will be 50k end the year end
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January 20, 2018, 09:12:19 AM
 #46

(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.

This is a further prospect of BTC price forecasts. January worked very well:

BTC is USD predictions for June 2018.
In the beginning price at 14448 Dollars. Maximum price $ 14448, minimum price $ 12437. The average for the month $ 13677. Bitcoin price forecast for the end of the month $ 13373, change for June -7.4%.

Bitcoin price prediction for July 2018.
In the beginning price at 13373 Dollars. Maximum price $ 16599, minimum price $ 13373. The average for the month $ 14715. Bitcoin price forecast at the end of the month $ 15513, change for July 16.0%.

BTC is USD predictions for August 2018.
In the beginning price at 15513 Dollars. Maximum price $ 19255, minimum price $ 15513. The average for the month $ 17069. Bitcoin price forecast for the end of the month $ 17995, change for August 16.0%.

Bitcoin price prediction for September 2018.
In the beginning price at 17995 Dollars. Maximum price $ 21265, minimum price $ 17995. The average for the month $ 19282. Bitcoin price forecast for the end of the month $ 19874, change for September 10.4%.

BTC is USD predictions for October 2018.
In the beginning price at 19874 Dollars. Maximum price $ 24668, minimum price $ 19874. The average for the month $ 21868. Bitcoin price forecast at the end of the month $ 23054, change for October 16.0%.
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January 20, 2018, 09:52:18 AM
 #47

There is quite a bit of resistance at the moment and the altcoin market is pushing back. I think that for bitcoin to go back at such prices buying would have to reinstate a bullish market sentiment once again ebcause right now too many people keep taking profit.

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Wicked17
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January 20, 2018, 09:55:14 AM
 #48

Yes of course, we all know that bitcoin is capable for a big bounce back. Its only a matter of time now when it will happen. I think it takes at least half year to get back on track. With the increasing demand of bitcoin to the investor and users, price of bitcoin will soon be at peak again.

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January 20, 2018, 09:57:08 AM
 #49

(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.
It is not a bubble. The government is just making moves to make the value of bitcoin like a bubble so that investors will stop investing. The plan is to make btc as if it was a dangerous type of currency.
I agree i also think that bitcoin will definitely reach 20k in a few months and maybe even 30k at the end of 2k18. Because the value will go up a lot because there are more investors joining in. And the lower value coins will also get more attention because of that.
Scorpion
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January 20, 2018, 10:01:45 AM
 #50

It's only a matter of when it will be that level again, for me I'm guessing mid-February the latest. Once it recovers then we start to see surges like before, it'll just slam through $25k, $30k etc and then consolidate and correct. Please do your own research and come to your own conclusions, by no means am I giving financial advice here. Just a guy enjoying a discussion.

xiaohao111
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January 20, 2018, 10:04:27 AM
 #51

I think it's very possible, but it takes time.
What we can do is keep waiting, I don't think we'll see 20k+ in a short time.
I think this is a good time for bitcoin to fall, which is to prepare for a new height, and the more you fall, the more you bounce back.
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January 20, 2018, 10:40:23 AM
 #52

Nothing is impossible in bitcoin and since I am optimistic with it, I can say that it will reach 20k$ again but the question is when. When will it reach 20k$ again? No one knows but lets just wait for it to happen. Maybe it will happen by the first half of the year. Maybe the second half.

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January 20, 2018, 10:41:33 AM
 #53

alot of ppl predict 28k
i think we will see 20k+ again in 2018
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January 20, 2018, 10:44:10 AM
 #54

If we look at the history of different fiat currencies we will see price frustrations, bitcoin is digital so its price also changes, there was some kind of boom, then panic, now it's gonna calm down.
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January 20, 2018, 10:56:06 AM
 #55

Stop panicking, just month has passed. Bitcoin price was overheated, he needed a correction. You can look at altcoins graph in September-November for example.
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January 20, 2018, 10:56:26 AM
 #56

The big drop of bitcoin price affects all the investors, lot of are doing panic selling, which is not good.
If you are a bitcoin lover you will not do that, just trust bitcoin. Bitcoin price rightnow is still high so tha 20k+ price is not imposible to hit.
Bitcoin is starting to become popular and this will attract more investors and the more the investors the higher the price of bitcoikln will be.
For now just relax and calm down, and wait.

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January 20, 2018, 10:58:33 AM
 #57

We will in my opinion.
I have this view that once bitcoin have already reached a certain amount then it will come back there.
Just looking at the chart will make you think about it.
Bitcoin at young age making tgat great history and now it could be another if it did break that point.
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January 20, 2018, 10:59:02 AM
 #58

The big drop of bitcoin price affects all the investors, lot of are doing panic selling, which is not good.
If you are a bitcoin lover you will not do that, just trust bitcoin. Bitcoin price rightnow is still high so tha 20k+ price is not imposible to hit.
Bitcoin is starting to become popular and this will attract more investors and the more the investors the higher the price of bitcoikln will be.
For now just relax and calm down, and wait.

True that! it is raising already so that is a good sign. But don't you think people will switch from BTC to other altcoins soon?

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January 20, 2018, 11:01:07 AM
 #59

Yes, we will see 20k+ after Chinese New Year, after this big celebration by all the Asia country. We will also see 20K+ when bitcoin fully integrate with lightning network and reduce the transaction fee in order to compete with others. 20K+ is easy.  Grin

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January 20, 2018, 11:04:58 AM
 #60

Judging how the rate of bitcoin value gradually rising, we can say that it is stable enough to reach 20,000 again or it might even surpass that, because chinese new year is nearing and a lot of people especially on the asian countries might spend their bitcoins for gifts and such. Basically, we have to keep our eyes on bitcoin during holidays because it is when its value will increase theoretically.
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