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Author Topic: Do you think bitcoin has hit its peak?  (Read 1027 times)
omonuyak
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March 30, 2018, 09:28:02 AM
 #121

Bitcoin has not reach it pick and we have many better days ahead. We are at the time when we have to see what is going to happen before believe but I can say from the historical data bitcoin has been having a bad time in January to April every year since 2013. I think the pick is going to come in some years to come and we are going to benefit if we can hold what we have.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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March 30, 2018, 10:20:13 AM
 #122

I believe every items have its peak price/value, but I believe Bitcoin peak price has not reached yet.  With Bitcoin finite supply and possible future demand, it will really hit what most of the optimist think about the possible bitcoin price in the future.  I think the 20k USD value will eventually break by Bitcoin once all controversies, and FUD  are gone and replaced by Hype and FOMO.

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syberwolfen
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March 30, 2018, 10:56:16 AM
 #123

does anyone know what is the cost to get 1 btc now? not the price, the cost of mining 1 btc

I have started mining bitcoin with four graphic card and calculating my electricity bill and broadband bill I will have a better picture when I finally mine one bitcoin and we really need to focus on these factors to determine the net profit.

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March 30, 2018, 07:08:15 PM
 #124

does anyone know what is the cost to get 1 btc now? not the price, the cost of mining 1 btc

I have started mining bitcoin with four graphic card and calculating my electricity bill and broadband bill I will have a better picture when I finally mine one bitcoin and we really need to focus on these factors to determine the net profit.
and now I'm wondering, if you take into account such a drop in the price of Bitcoin, then you have some profit, especially after paying all your bills?
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April 03, 2018, 12:39:26 PM
 #125

does anyone know what is the cost to get 1 btc now? not the price, the cost of mining 1 btc

I have started mining bitcoin with four graphic card and calculating my electricity bill and broadband bill I will have a better picture when I finally mine one bitcoin and we really need to focus on these factors to determine the net profit.
and now I'm wondering, if you take into account such a drop in the price of Bitcoin, then you have some profit, especially after paying all your bills?

Well it's gloomy for miners right now both for btc and alts. With the market this low, the earnings i get isn't even making up for the electricity bills i'm paying. It's really best to have several sources of income especially for times like these

 
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April 03, 2018, 01:16:32 PM
Last edit: April 03, 2018, 01:28:07 PM by Granxis
 #126

I do not want to break anyone's hope, but the 19k dollar level was the peak price for Bitcoin. Nevertheless, in the future, crypto money will be valued and the results of long-term investments will be good. Always need to think positively.

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April 03, 2018, 06:15:39 PM
 #127

actually, my opinion is agree that BTC has hit its peak. my opinion is fundamental, because based its technology, soon or later, BTC existence and its position will be replaced with the reliable and faster one platform. technology evolve rapidly terms by terms. it is no wonder point anymore.
indeed, BTC pricing is the highest than other because it is a pioneer in blockchain technology and bring it on this era with any doubt about its breakthrough. but nothing is impossible to prove it . just stay tuned and nobody knows about the future is
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April 03, 2018, 07:49:11 PM
 #128

I believe every items have its peak price/value, but I believe Bitcoin peak price has not reached yet.  With Bitcoin finite supply and possible future demand, it will really hit what most of the optimist think about the possible bitcoin price in the future.  I think the 20k USD value will eventually break by Bitcoin once all controversies, and FUD  are gone and replaced by Hype and FOMO.
To me i think that bitcoin is in its very early stage, and still bitcoin has to live long, it is not its peak, i think that in future we can hope that bitcoin price is going to hit 100000$ in near future, and there is no doubt about it because in past for so many time bitcoin price gave great surprise, so anything can happen in future, i think that bitcoin price will very soon start increasing and will very soon cross 20000$ in a row.
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April 04, 2018, 04:10:44 AM
 #129

I believe every items have its peak price/value, but I believe Bitcoin peak price has not reached yet.  With Bitcoin finite supply and possible future demand, it will really hit what most of the optimist think about the possible bitcoin price in the future.  I think the 20k USD value will eventually break by Bitcoin once all controversies, and FUD  are gone and replaced by Hype and FOMO.
To me i think that bitcoin is in its very early stage, and still bitcoin has to live long, it is not its peak, i think that in future we can hope that bitcoin price is going to hit 100000$ in near future, and there is no doubt about it because in past for so many time bitcoin price gave great surprise, so anything can happen in future, i think that bitcoin price will very soon start increasing and will very soon cross 20000$ in a row.
Bitcoin is still at its earliest stages I know it may seem odd for some people when they see the price of bitcoin right now and the price it reached but as you say I really think that bitcoin has the potential to reach hundreds of thousands of dollars it is not going to happen overnight but it will eventually happen.
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April 04, 2018, 06:16:04 AM
 #130

Bitcoin will still exceed it's 2017 high. I do not have any data to support this belief, but bitcoin has continued to defy the odds. I strongly believe that it may even get to $50k one of these days. $0 to $21k was not on anyone's radar yet it happened. $21k to $50k can readily be achieved.
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April 04, 2018, 06:46:21 AM
 #131

I believe bitcoin will hit back again $19,000 and possible it will surpass that price, but time can tell when it will happen to hit that peak.

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April 04, 2018, 07:08:38 AM
 #132

I believe bitcoin will hit back again $19,000 and possible it will surpass that price, but time can tell when it will happen to hit that peak.
That's the peak and we have to trust our best bud bitcoin that its possible to go back there. And it will come back to the peak we may see the unexpected as we did see on how the price fell off from that peak and we didn't expected it to come. Time will tell and we don't know when it will come but that will happen soonest.
I do not want to break anyone's hope, but the 19k dollar level was the peak price for Bitcoin. Nevertheless, in the future, crypto money will be valued and the results of long-term investments will be good. Always need to think positively.
I can't disagree.



 

 

 

 

 

 


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April 09, 2018, 10:32:01 AM
 #133

Bitcoin will still exceed it's 2017 high. I do not have any data to support this belief, but bitcoin has continued to defy the odds. I strongly believe that it may even get to $50k one of these days. $0 to $21k was not on anyone's radar yet it happened. $21k to $50k can readily be achieved.
Let's not be too full of assumptions. Yes, it may and it may not. We may get to hit the previous all time and surpass it, but only time will tell. All the above, we cannot say yet as we have had a long time of consolidation in the past before and this year may not actually be any different. There is a lot of speculation going around as anyone can just assume anything, but we also have to be reasonable with it, and I do not think $50k is ever going to be a possibility this year.
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April 09, 2018, 11:19:09 AM
 #134

i think that bitcoin is in its very early stage, and still bitcoin has to live long, it is not its peak, i think that in future we can hope that bitcoin price is going to hit 100000$ in near future
A pretty much early stage and we have not even got anywhere at all. With the developments going on, and with the way things are changing pretty fast, once we start hitting the mainstream level of adoption, then we will start seeing some huge level of growth. No one however can know the exact peak of bitcoin but we definitely know as well that this is not the peak, and we still have a long room for growth.

I believe bitcoin will hit back again $19,000 and possible it will surpass that price, but time can tell when it will happen to hit that peak.
Time is probably  having answers for the mysteries. But, basic curiosity of human will never settle down and that is the reason we want to know what would happen again in this year and almost all the people here want to secure their future by knowing them well in advance.
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April 09, 2018, 07:40:48 PM
 #135

Bitcoin will still exceed it's 2017 high. I do not have any data to support this belief, but bitcoin has continued to defy the odds. I strongly believe that it may even get to $50k one of these days. $0 to $21k was not on anyone's radar yet it happened. $21k to $50k can readily be achieved.
of course the day before doubted that Bitcoin could rise above $ 10,000. But my doubts divorced in 2017, when I saw the maximum value of the price for Bitcoin in the area of ​​21,000 dollars. of course you do not want to doubt about the new indicators in the region of 51,000 dollars for Bitcoin, but the current state of the market indicates the insolvency of Bitcoin to rise higher.

HELLO EVERYONE.
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April 10, 2018, 09:59:43 AM
 #136

 I think not, many predict that bitcoin prices will rise, in accordance with economic principles, when a cryptocurrency rises in price, that means the number of cryptocurrency requests is greater than the supply.
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April 10, 2018, 10:25:51 AM
 #137

Bitcoin will still exceed it's 2017 high. I do not have any data to support this belief, but bitcoin has continued to defy the odds. I strongly believe that it may even get to $50k one of these days. $0 to $21k was not on anyone's radar yet it happened. $21k to $50k can readily be achieved.
of course the day before doubted that Bitcoin could rise above $ 10,000. But my doubts divorced in 2017, when I saw the maximum value of the price for Bitcoin in the area of ​​21,000 dollars. of course you do not want to doubt about the new indicators in the region of 51,000 dollars for Bitcoin, but the current state of the market indicates the insolvency of Bitcoin to rise higher.

Agreed. There is no proof of any price increase OR decrease. Charts can tell us information that we choose to extract, but one thing for sure is Bitcoin has always defied the odds and proven people wrong time and again. It will for sure reach the old ATH. When and how much by we cannot say, we can only wait. Or it will for sure fail, that is also probable. When and how, we will not be alive to see.

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Barbarian
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April 12, 2018, 01:05:09 AM
 #138

Bitcoin will still exceed it's 2017 high. I do not have any data to support this belief, but bitcoin has continued to defy the odds. I strongly believe that it may even get to $50k one of these days. $0 to $21k was not on anyone's radar yet it happened. $21k to $50k can readily be achieved.
Bitcoin has surpassed everything we could have imagined and every single prediction that we could have made, at the very same time it is difficult to think that bitcoin is going to reach such a high price in such a short amount of time especially when people are afraid to invest in cryptocurrencies after the crash.
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April 12, 2018, 01:33:18 AM
 #139

Bitcoin will still exceed it's 2017 high. I do not have any data to support this belief, but bitcoin has continued to defy the odds. I strongly believe that it may even get to $50k one of these days. $0 to $21k was not on anyone's radar yet it happened. $21k to $50k can readily be achieved.
Bitcoin has surpassed everything we could have imagined and every single prediction that we could have made, at the very same time it is difficult to think that bitcoin is going to reach such a high price in such a short amount of time especially when people are afraid to invest in cryptocurrencies after the crash.


Agree. Bitcoin is going to exceed the 20k expectation but of course it won't ever happen in just a span of 1 day. Just like how long we are waiting to hold our coins, it also takes time for bitcoin to reach an expected value in just short time. Everything happens in a process and of course there are factors that has to be considered to attain that amount. Bitcoin has to undergo changes in price, low and high.


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April 12, 2018, 02:22:17 PM
 #140

Bitcoin will still exceed it's 2017 high. I do not have any data to support this belief, but bitcoin has continued to defy the odds. I strongly believe that it may even get to $50k one of these days. $0 to $21k was not on anyone's radar yet it happened. $21k to $50k can readily be achieved.
Bitcoin has surpassed everything we could have imagined and every single prediction that we could have made, at the very same time it is difficult to think that bitcoin is going to reach such a high price in such a short amount of time especially when people are afraid to invest in cryptocurrencies after the crash.


Agree. Bitcoin is going to exceed the 20k expectation but of course it won't ever happen in just a span of 1 day. Just like how long we are waiting to hold our coins, it also takes time for bitcoin to reach an expected value in just short time. Everything happens in a process and of course there are factors that has to be considered to attain that amount. Bitcoin has to undergo changes in price, low and high.

Lol defying the odds indeed. Not many people believed it could go below 10k after hitting 20last december but here we are now Cheesy but i don't think also that 20k is btc's peak. If anything, it's nowhere close to that. We just don't know when that will happen when btc will hit it's actual peak

 
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