Bitcoin will never reach 20,000 again

[dolagani]

Chances of increasing the price is high but for that we need to have lot patience. Already the price is NOT  kept decreasing in the market but we need to have lot of patience because bitcoin price will not increase very fastly.

[KyleSpades]

Just bookmark this thread and necro it by 2019. I'm pretty sure we'll have a good laugh   

You know, whales won't be whales forever. If they die holding their coins they'll just get "dumb puny human" stamps on their foreheads on their way to whichever kind of afterlife you believe.

When whales sell and don't buy back, they lose a % of their share. I know most are simply turning a profit, but year after year chances are they're exchanging btc for fiat at some point. Even if they didn't, they would sell all in at some point to actually live their lives. All of us will do this at some point unless btc replaces fiat for good, which is at least unlikely for the moment.

Another important point: have you ever thought why haven't whales sold their coins yet? Most likely because they believe holding can still make em richer. These players can drive the market to 50k if they see potential for profits.

There are several indicators that the price will grow. Just check other threads here and see for yourself.

[verguat33]

Bitcoin is showing signs of life again 

Yeah you are right bitcoin is rising again and $20000 is not far away. It was its previous highest price a few months ago and I hope that it will reach to 20K again. The market cap is increasing and more people are investing in bitcoin. That’s why the price is also growing and we saw jump in the price from 8000 to 8800 dollars in just few days.

[Alijiindahaus]

Bitcoin is showing signs of life again 

Yeah you are right bitcoin is rising again and $20000 is not far away. It was its previous highest price a few months ago and I hope that it will reach to 20K again. The market cap is increasing and more people are investing in bitcoin. That’s why the price is also growing and we saw jump in the price from 8000 to 8800 dollars in just few days.

need 20,000 dollars a fairly large level. This year, this price may be out of reach. Although if you compare the year 2017, it may be different if possible.

[tumokatok]

20k bitcoin is nothing, you guys haven't seen anything yet. When Bitcoin hits 900k than you can talk about a bubble but right now it's just getting started. It hasn't even left the launch pad!

bitcoin should require good news to get up to $ 20k or more, so just wait until there's good news. And it seems that bitcoin price increases yesterday because news about digital currency in social media so much from it I conclude

[jrrsparkles]

Simply because the WHALES take the profits whenever there's a 5 to 10 percent growth.  The bottom line is Swing trading and Day trading is real and the HODL method is just what it is...

When you came into crypto currency world? the prices of bitcoin keeps increasing each and every year so $20000 is not maximum value and bitcoin will surpass that value sooner or later but it will happen.Already the prices are recovering so it looks like another crazy run will happen like happened in 2017.

[kenziefried]

Bitcoin is showing signs of life again 

Yeah you are right bitcoin is rising again and $20000 is not far away. It was its previous highest price a few months ago and I hope that it will reach to 20K again. The market cap is increasing and more people are investing in bitcoin. That’s why the price is also growing and we saw jump in the price from 8000 to 8800 dollars in just few days.

Disappoint people can say that or those people who are against bitcoin and do not want success of bitcoin. Otherwise the price is increasing day by day and it is not impossible that will reach again to 20000 dollars. If the people trust continues the price may accede than 20000. It is already more than $9000 and till the end of this year it is possible that it will reach to $20000.

[gabmen]

Bitcoin is showing signs of life again 

Yeah you are right bitcoin is rising again and $20000 is not far away. It was its previous highest price a few months ago and I hope that it will reach to 20K again. The market cap is increasing and more people are investing in bitcoin. That’s why the price is also growing and we saw jump in the price from 8000 to 8800 dollars in just few days.

Disappoint people can say that or those people who are against bitcoin and do not want success of bitcoin. Otherwise the price is increasing day by day and it is not impossible that will reach again to 20000 dollars. If the people trust continues the price may accede than 20000. It is already more than $9000 and till the end of this year it is possible that it will reach to $20000.

Well there's a difference between being pessimistic and being realistic. At this point, 20k is still a long way to go even with the way btc is moving right now since corrections should be expected. I believe in the potential of btc but since i believe that, i'm ready to take the long wait even with corrections happening every now amd then

[Chachacoin17]

Bitcoin is showing signs of life again 

Yeah you are right bitcoin is rising again and $20000 is not far away. It was its previous highest price a few months ago and I hope that it will reach to 20K again. The market cap is increasing and more people are investing in bitcoin. That’s why the price is also growing and we saw jump in the price from 8000 to 8800 dollars in just few days.

Disappoint people can say that or those people who are against bitcoin and do not want success of bitcoin. Otherwise the price is increasing day by day and it is not impossible that will reach again to 20000 dollars. If the people trust continues the price may accede than 20000. It is already more than $9000 and till the end of this year it is possible that it will reach to $20000.

Well there's a difference between being pessimistic and being realistic. At this point, 20k is still a long way to go even with the way btc is moving right now since corrections should be expected. I believe in the potential of btc but since i believe that, i'm ready to take the long wait even with corrections happening every now amd then

I appreciate how people are so optimistic about the trend of bitcoin and despite its fall still they are very hopeful. Honestly, due to its volatility, it's hard to predict when high is high or the other way around. This is where Bitcoiners are tested as to how strong their faith and trust are, and the support they have not only in good times, but also on its darkest hours. Government regulations, supply and demand, banning Bitcoin in some part of the world, are  just some of the factors that might affect its value. As Bitcoiner, I still believe that it will rise and make another mark and history in the global market.

[--DarkSecrets--]

Simply because the WHALES take the profits whenever there's a 5 to 10 percent growth.  The bottom line is Swing trading and Day trading is real and the HODL method is just what it is...

When you came into crypto currency world? the prices of bitcoin keeps increasing each and every year so $20000 is not maximum value and bitcoin will surpass that value sooner or later but it will happen.Already the prices are recovering so it looks like another crazy run will happen like happened in 2017.

This might be not a crazy one as we didn't know how it will approach its price but it looks like it will not be the same run from December 2017. The OP needs to defend more how did he say that bitcoin will not reach $20k. If he believes i wonder why he is still here on crypto because if that won' t happens all crypto will be affected later on.

[azguard2]

Mostly think that people who bought bitcoin when it was 20k hope for price to return or recover to this point or at least something close to it. Many invested so much on this but if someone who done this dont panic just wait it will return to this price eventually. Many said that bitcoin wont be 1000 again and look where that lead to so high that again there is same story people think it wont happen again. In year or two from this point it will cross 20k and we will see another ATH.

[bitbunnny]

I wouldn't be so sure that Bitcoin will never reach 20000$ again. No one can't tell that as well as we can't know where the final price limits for Bitcoin are. I beleive that Bitcoin still hasn't reached its peak and that there is plenty of space for further growth. If this will not happen as soon as we would like too that doesn't mean it will never happen again. We need patience.

[Ahiaba]

One should not be optimistic as to whether Bitcoin value never reach it previous height of  $20,000 again because in the in crypto currency every thing is possible. And the said value of Bitcoin in the past should not be seeing as its pick for there is a possibility that Bitcoin market value will appreciate significantly further than the said $20,000 in time to come.

[Happiest]

I wouldn't be so sure that Bitcoin will never reach 20000$ again. No one can't tell that as well as we can't know where the final price limits for Bitcoin are. I beleive that Bitcoin still hasn't reached its peak and that there is plenty of space for further growth. If this will not happen as soon as we would like too that doesn't mean it will never happen again. We need patience.

Exactly, a lot of traders and investors are lacking in being patien. Many of us whom are into bitcoin investment or traders because they expect bitcoin to quickly top so that they have their gains. But truth is, that's not how it works. Bitcoin will reach $20k and even more than that but one need endurance to make the big earn.

[headache1327]

of course that is very likely to happen, we once were at $19k in january ago and to reach $20k is not impossible thing, bitcoin continues to grow and grow of course the price will also go up in the forward, do not speculate bitcoin will not go up. because maybe it will make others hesitate, trust me bitcoin will definitely keep going up

[Dodoymabs]

One should not be optimistic as to whether Bitcoin value never reach it previous height of  $20,000 again because in the in crypto currency every thing is possible. And the said value of Bitcoin in the past should not be seeing as its pick for there is a possibility that Bitcoin market value will appreciate significantly further than the said $20,000 in time to come.

We are still in the 3rd quarter of the year and price of Bitcoin is slowly rising up. So, there are still a lot of time that it can go higher and because crypto can't be determined when it will go up and down but expected that it will happen to increase as the years are going by.

[financialgoal]

I don't want to make negative speculations about bitcoin's future. Specially on its value because I only want all positive about it because that is what many people want to happen. It happened before there is no reason it cannot happen again. All good thought about bitcoin is what I want.

[marcuslong]

Simply because the WHALES take the profits whenever there's a 5 to 10 percent growth.  The bottom line is Swing trading and Day trading is real and the HODL method is just what it is...

Well actually there will be a big possibilities that price will become that high actually more people and more business are incountering bitcoin this is big economy for our world every will hold again their bitcoin. This mid month by june or july it will be that high price.

[thecodebear]

Simply because the WHALES take the profits whenever there's a 5 to 10 percent growth.  The bottom line is Swing trading and Day trading is real and the HODL method is just what it is...

Ok you can make that argument. But what about when an influx of new whales comes screaming in for the next bull run. Along with an influx of tens of millions  if not hundreds of millions of people on the next bull run? Kinda defeats the OP's thesis.

[lixer]

Bitcoin is showing signs of life again 

Yeah you are right bitcoin is rising again and $20000 is not far away. It was its previous highest price a few months ago and I hope that it will reach to 20K again. The market cap is increasing and more people are investing in bitcoin. That’s why the price is also growing and we saw jump in the price from 8000 to 8800 dollars in just few days.

need 20,000 dollars a fairly large level. This year, this price may be out of reach. Although if you compare the year 2017, it may be different if possible.

The trend is back towards bitcoin and now people are investing again in bitcoin because they see huge profit in bitcoin investment. As the investment increases the price also increases. It already crosses $9k how one can say that it will never reach to $20k again. Most people say that it will be more than $20k till the end of this year. but if remains less than $20k, 2020 is sure for this limit.