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Author Topic: MORE THAN 3 YEARS! peak-to-peak  (Read 244 times)
Wicked17
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February 04, 2018, 03:52:04 PM
 #21

Last time, BTC price took more than 3 years to return to its peak.  How many years will it take, if ever, for BTC to return to $20,000?  



This time will be different, maybe it takes a months or years but i think it will not takes another more than 3 years. Before the end of the year 2018 will gonna see another run of bitcoin value. As bitcoin is getting more popular because of the technology, there is no impossible Smiley

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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February 04, 2018, 04:04:45 PM
 #22

it's been a long time ago and people are so unfamiliar with bitcoin and seen little by little. But now every country in the world starts using the blockchain or bitcoin system as payment, so I do not think it takes 3 years to reach $ 20,000, I'm sure this year will be back to $ 20,000. I am optimistic about Bitcoin and I think Bitcoin will reach $ 20,000 this year. But if not, it's okay with me. I always wanted to keep Bitcoin on the rise. Even if it's slow, at least it's stable.
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February 04, 2018, 04:48:07 PM
 #23

The history leads me to believe that we'll hit $20k again this year.
This time last year bitcoin was $1k. Even after the recent fall, we're still at x8 in a year. Just x3 in the next 12 months would mean a return to $20k.
Bitcoin is not a static thing, it is evolving. LN is coming - that by itself should propel prices upwards significantly.
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February 08, 2018, 02:41:29 AM
 #24

You can never make the exact prediction now. Don’t you remember how much time it used to jump from 10 to 20 thousand? Less than a month! The situation can repeat, but now the process will be longer.
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February 08, 2018, 02:51:08 AM
 #25

The possibility to reach the $20,000 price is getting bigger this year, because we know the past years of bitcoin enthusiasts are still small. In contrast to now the demand more and more every day. Let's see it together.

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February 08, 2018, 03:55:26 AM
 #26

unpredictable, because bitcoin fluctuations are very fast and high. I think the bitcoin rise in 2017 is not normal, within 1 month bitcoin has increased $ 15000.

so I prefer if bitcoin rises slowly but surely and will not fall back.

and I'm sure, after the natural correction ends bitcoin will do it. rising slowly but surely and high. so it's not the time that determines the rising and high bitcoin.

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February 08, 2018, 04:02:45 AM
 #27

unpredictable, because bitcoin fluctuations are very fast and high. I think the bitcoin rise in 2017 is not normal, within 1 month bitcoin has increased $ 15000.

so I prefer if bitcoin rises slowly but surely and will not fall back.

and I'm sure, after the natural correction ends bitcoin will do it. rising slowly but surely and high. so it's not the time that determines the rising and high bitcoin.
We can predict it but we cannot assure that our predictions will accurate to what will happens. For example, we can say that the price will move upward when Christmas season comes but unfortunately, it will move down as the holiday passed by. Maybe there is a time for its fluctuation and a factor to consider its volatility.

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February 08, 2018, 05:14:42 AM
 #28

I really don't know when we can return to $20,000 but learn from the past, I think we don't need to take a long time to reach that price because today, bitcoin which have been mining is reduced and this is related with the supply and demand. the reducing of supply will give effect to the price because the demand increases too and many people right now realize that they need to have bitcoin if they want to invest in the cryptocurrency so maybe we could return to $20,000 in this year and for the next year, the price will jump significant and will reach higher price.

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February 10, 2018, 02:17:47 PM
 #29

so maybe we could return to $20,000 in this year and for the next year, the price will jump significant and will reach higher price.
Probably won't be seeing $20000 until 2021 if history is any indicator.  Better get ready for the long run. 

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February 10, 2018, 03:01:48 PM
 #30

so maybe we could return to $20,000 in this year and for the next year, the price will jump significant and will reach higher price.
Probably won't be seeing $20000 until 2021 if history is any indicator.  Better get ready for the long run. 

What you forgot to mention was that it went from that peak of +/- $1000 to $19,000 in less than a year after that period. I can

just imagine what the curve will look like, if that part of the history repeats again. If that is true, and my math is not too

shitty, then the price would be $340,000 to $360k+ after 2021. I think I would be willing to wait 3 years for that.  Smiley

See, it is easy to cherry pick some numbers to suit your specific agenda.  Grin Grin Grin Grin

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February 10, 2018, 03:34:18 PM
 #31

Last time, BTC price took more than 3 years to return to its peak.  How many years will it take, if ever, for BTC to return to $20,000?  


Bitcoin in the past years where not popular. If you would compare the investment and technology today, more and more people are entering cryptocurrency. It would not be impossible for bitcoin to recover from dump because of this. Rather thinking of bitcoin in short term, we should see the future of bitcoin in the coming years and trust the developers on improving the capability of the platform.

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