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Author Topic: Bitcoin to hit again 20k USD  (Read 531 times)
jelbert1351
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January 25, 2018, 01:41:22 PM
 #1

 Yes it is. probability by 98%
"In five years, if you try to use fiat currency, they will laugh at you. Bitcoin and other cryptocurrencies will be so relevant ? there will be no reason to have the fiat currencies?―Tim Draper, billionaire investor and Bitcoin owner.
 And here is one way why hold bitcoin, Its price has surged to about 583,170,000% of its May 2010 value. That?s when Laszlo Hanyecz paid 10,000 Bitcoins for two large pizzas, which were worth about $30. That puts Bitcoin?s 2010 valuation at around $0.003 per coin (about one-third of a penny each). History may repeat itself and the price may continue to surge. So shall we buy more?

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January 25, 2018, 01:46:16 PM
 #2

Quote
"In five years, if you try to use fiat currency, they will laugh at you."
I personally think this is a very optimistic opinion(or maybe even TOO optimistic), as I personally really don't see fiat to be dead in a very short timespan such as 5 years. Bitcoin's rise to global adoption won't definitely be a smooth one. There's going to have many bumps/hiccups as remember that we're dealing with a currency here; there's definitely going to be interference from banks and governments.

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January 25, 2018, 01:47:21 PM
 #3

Be ambitious. It will reach the 50,000 grand mark this year. Or maybe even higher. The momentum of the growth of Bitcoin behemoth is just unstoppable. And I am sure of that.

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January 25, 2018, 01:53:48 PM
 #4

At this ponit I would be more focused on the 10K level.
The general trend of bitcoin during the past month goes down, not up.
Personaly I think that the 10K we have at the moment is more than a good price for bitcoin.
I would not complain if we could stay in this area for several years.

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January 25, 2018, 01:57:02 PM
 #5

Bitcoin might hit more than $20k within 2018 or next year, what we all have to do is hold all we have.

Panic like this is normal and we have seen similar fuds before too and correction like this is must for healthy price growth. People are taking out profit and newbie are selling for loss because of FOMO.

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January 25, 2018, 01:58:59 PM
 #6

It could be possible and who do not want that to happen.  As for the moment I am happy on what is the current price of bitcoin.  Because it gives real income to me.  So whatever happens to it, I will just be here supporting bitcoin.

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January 25, 2018, 02:02:07 PM
 #7

Probably it could. There is no impossible in crypto price except to exceed in unrealistic prediction. 20k will be reach once again by bitcoin and I think not just 20k but more than 20k. Yes, your right history repeats itself but not totally repeat from the beginning.
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January 25, 2018, 02:07:32 PM
 #8

I think it will go beyond 20k because still all the  other coins values change with bitcoin and i am not expert to tell how it happens. Grin
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January 25, 2018, 02:12:58 PM
 #9

With the current growth, bitcoin can reach $ 20k and beyond.
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January 25, 2018, 02:26:16 PM
 #10

It will hit 20k maybe just in a few weeks. And in the long term, 1-2 years or so, i think the price will be ridiculous.
But not everyone will get their profits. Week hands  will likely be left out, as well as greedy folks who invest in scam and crappy projects.
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January 25, 2018, 02:28:17 PM
 #11

Its a great news for those who really want to invest in the Bitcoin. Its price is gradually increasing and i think it will reach $40k by the end of this year. So just don't think and start investing, you will definitely earn huge profits.
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January 25, 2018, 02:29:03 PM
 #12

Be ambitious. It will reach the 50,000 grand mark this year. Or maybe even higher. The momentum of the growth of Bitcoin behemoth is just unstoppable. And I am sure of that.
There is no limit in life in believing something, so whether we want a million dollar worth of bitcoin five years from now is not possible, still a lot of thing could possibly happen, and it will happen if we will start to do things that can make our belief to reality, life is a choice and I choose to believe that bitcoin will be the great thing that happen in our life.

RonJohannson
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January 25, 2018, 02:30:38 PM
 #13

Take Draper's advice with a grain of salt.  The guy owns tons of Bitcoin so it benefits him when the price goes up, I don't think anyone will laugh at you for using cash in five years.  Cash will always be around.  That being said I would not be surprised if Bitcoin hits $20,000 again this year, it's use as a base asset is increasing, especially since you can't buy a lot of alt coins with fiat, and need to exchange Bitcoin for them.

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January 25, 2018, 02:31:08 PM
 #14

I feel this is a more optimistic view.
If no more countries accept BTC, so I think the price of the BTC will remain at around 10 k, because the BTC is still exist many problems, speed slow, high transfer fees and so on.

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January 25, 2018, 02:32:05 PM
 #15

Can go, sometimes bitcoin price is growing/rising very fast and sometimes very slow. Ups and down always running. Every year's first bitcoin react this as like this January.Although Market does not stable all time. But now a possibility to go 20k$.

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January 25, 2018, 02:32:18 PM
 #16

Yes it is. probability by 98%
...

How do you start with an opinion and end with a specific number like 98%?
What you are doing is not math, it's called guessing. Keep that in mind before selling the family farm to buy more bitcoin.
 Wink

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January 25, 2018, 02:38:23 PM
 #17

Indeed, the price has great chances of reaching $20k and beyond, because the demand is increasing and the supply is limited. One of the major reasons to think so!  Wink
YuginKadoya
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January 25, 2018, 02:40:58 PM
 #18

That?s when Laszlo Hanyecz paid 10,000 Bitcoins for two large pizzas, which were worth about $30. That puts Bitcoin?s 2010 valuation at around $0.003 per coin (about one-third of a penny each). History may repeat itself and the price may continue to surge. So shall we buy more?

Well that is in the past and back then the price of bitcoin was really that low and he never has a though that the price will surely surge this far, And I think he can sure recover that 10 bitcoin instantly, The real question here is if the owner of that pizza parlor still has that 10 bitcoin, And Back then bitcoin is the only Cryptocurrency and it is too easy to mine for bitcoin.














 

 

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petuhov
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January 25, 2018, 02:42:25 PM
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It will surely hit $20000. I think three months is more than enough to reach this mark.
Thecryptocurrency09
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January 25, 2018, 02:44:06 PM
 #20

Yes it is. probability by 98%
"In five years, if you try to use fiat currency, they will laugh at you. Bitcoin and other cryptocurrencies will be so relevant ? there will be no reason to have the fiat currencies?―Tim Draper, billionaire investor and Bitcoin owner.
 And here is one way why hold bitcoin, Its price has surged to about 583,170,000% of its May 2010 value. That?s when Laszlo Hanyecz paid 10,000 Bitcoins for two large pizzas, which were worth about $30. That puts Bitcoin?s 2010 valuation at around $0.003 per coin (about one-third of a penny each). History may repeat itself and the price may continue to surge. So shall we buy more?

It is great how influential people say before bitcoin. But one thing I do not agree yet not against it is that removing fiat and take those for fun. I guess bitcoin could be put on a greater and better place after five years, where I just agree from your opinion. But then, fiats are fiats, bitcoins are bitcoin. They have runned a long year before bitcoin came. With or without internet, transactions have been made with fiats. I am not into any of the two. Mine is, both of these are part of the evolution yet both could still remain.

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