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Author Topic: Still think it can hit 20k !! be optimistic  (Read 893 times)
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May 27, 2018, 04:15:44 AM
 #1

Many reason pointed out in the article to believe in the future of Bitcoin :

https://www.cnbc.com/2018/05/26/bitcoin-still-a-buy-says-blockchain-venture-capitalist.html

Also a good statement about ethereum and its relation to ICOs:

"Bogart said he's especially cautious with ethereum, which he said has a lot of overhang because so many initial coin offerings (ICOs) have been built on top of ethereum. He pointed out that if the ICOs don't work out, that could be bad news for the platform its built on. "

It's all just opinions, so my is that it will hit 20k, and I am coming back to this post to say I was right lol.
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May 27, 2018, 04:31:34 AM
 #2

We all believe in the future of bitcoin,so there's no need to read such articles.
This guy is kinda wrong about eth.Blaming ethereum for all the scammy ICOs is a completely wrong logic.
It's like blaming BTC for all the BTC scams online and for all the criminals,who are using it for payments.
All the scammy ICOs won`t stop the ethereum price to go up,the ethereum whales will stop the ETH growth.

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May 27, 2018, 04:37:10 AM
 #3

I am really not sure yet if I can still believe BITCOIN will hit 20k. I think many of the early adopters are slowly selling out as soon as the market goes up a little bit, they sell. The big people and whales now are not allowing for a market recovery so everyone discussing a new bull run coming is making me nervous because whenever they say things like this to FOMO then this is when they are just selling off their holdings. I do not trust the media anymore or these so called experts because the last six months have been hellish for the markets.


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May 27, 2018, 04:37:24 AM
 #4

Many reason pointed out in the article to believe in the future of Bitcoin :

https://www.cnbc.com/2018/05/26/bitcoin-still-a-buy-says-blockchain-venture-capitalist.html

Also a good statement about ethereum and its relation to ICOs:

"Bogart said he's especially cautious with ethereum, which he said has a lot of overhang because so many initial coin offerings (ICOs) have been built on top of ethereum. He pointed out that if the ICOs don't work out, that could be bad news for the platform its built on. "

It's all just opinions, so my is that it will hit 20k, and I am coming back to this post to say I was right lol.

Maybe there are other factors which contributes to the low price of ethereum. The ICOs can't take the blame for this one but rather you should be blaming about the mischievous individuals who exists in the cryptocurrency market. But, I agree with you that bitcoin can reach 20000 USD this year because last year was just a setup for the best yet to come.
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May 27, 2018, 04:43:07 AM
 #5

Let us all just believe that bitcoin will hit  $20k let us be positive on this because it gives happiness to all of us and many will be benefited on this.

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May 27, 2018, 04:55:15 AM
 #6

Let us all just believe that bitcoin will hit  $20k let us be positive on this because it gives happiness to all of us and many will be benefited on this.

Possible to hit 20k due to rapid growth of technology increasing community using bitcoin promoting seriously hoping it is real we will be happy for that price increase.
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May 27, 2018, 04:59:31 AM
 #7

I also believe it can hit 20k, it's just need some time to hit that point, recently there are so many obstacles that barrier Bitcoin, but I know that there are a lot of people still believe in Bitcoin, and even University want to start to learn Bitcoin, so it got a bright future ahead, and if the government smooth the situation then we will reach that number soon


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May 27, 2018, 05:00:44 AM
 #8

there is no doubt about reaching $20k and above for bitcoin, the doubt is always about "WHEN" it is going to reach that price. and all the arguments is about that too. some say it will be this year and by the end of the year it will be at $25k setting a new record. some say it will take a longer time and the discussions continue but all of them agree that the rise will take place.

as for ETH that you mentioned the ICO thing is a good point. and it will happen. there will come a day where you don't see any more ICOs be created just like we don't see new coins with huge premines being created these days. there will be only one or two every now and then. and the price of ETH depends 100% on ICOs so it will fall hard.

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May 27, 2018, 05:07:34 AM
 #9

Great I like Bogart then! I love it when people does talk about the bitcoin and other crypto's in positive ways as it fulfils the world of crypto with up surges. If it comes from the big personality then off course it is something genuine.

Obviously it is known that blockchain will keep evolving itself and thus crypto's on it will grow too. However in the long run, we just need some pushes like this to keep motivating people. Otherwise we know how the community is filled with FUDers.  Roll Eyes







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May 27, 2018, 05:10:17 AM
 #10

As a believer I still trust that bitcoin will bounce back and meet new height, like what you have said it's all about opinions people are free to say whatever they thinks that can possibly happen to their investment, though we seen more and more disappointed investors losing their trust as they are seeing big
loses from the market and big whales are manipulating the value, just hold on and keep moving forward luck will comeback and bull will run wild again.

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May 27, 2018, 05:12:08 AM
 #11

Precisely, be positive. Believe that bitcoin will reach 20,000 this year and will exceed the highest price like last year. For sure, this coming month, bitcoin will be bullish again and will go to the moon.

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May 27, 2018, 05:16:34 AM
 #12

I still believe bitcoin will hit again 20k dollars , lets give time to it because we know now the price decreasing because of the many people are panic because of the bad news everyday that release of the people who don't like bitcoin and the news. But if the price increase again and the people who panic are buy again we will see again 20k dollars.

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May 27, 2018, 05:21:09 AM
 #13

oh yes I am very optimistic for the price to be back $ 20k this year. I've saved a lot of coins now hopefully there will be another surprise at the end of this year just like last year.

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May 27, 2018, 05:23:35 AM
 #14

From the look of things it seems this year is a bad for bitcoin as far as price is concerned we are getting towards half of the year bitcoin had been crawling so far,  Spencer Bogart is still positive and optimistic about btc reaching $20K because it is still institutionalized, but for how long will this continue?

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May 27, 2018, 05:34:37 AM
 #15

$20k is still a huge possibility. But just like what other people said in this thread, it's just a matter of "when". It could be next year, it could be in 5 years, it could be in 20 years, etc. No one knows. But take note, that while it's likely to reach $20k at some point, take note that it isn't guaranteed.

As of now while the markets are once again bleeding, lets focus on the actually technology of bitcoin and cryptocurrencies in general.

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May 27, 2018, 05:37:59 AM
 #16

Day by day seems it cant hit 20k in this year, and in the near future also.
Regulators come to this market and control the price

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May 27, 2018, 05:46:53 AM
 #17

Many reason pointed out in the article to believe in the future of Bitcoin :

https://www.cnbc.com/2018/05/26/bitcoin-still-a-buy-says-blockchain-venture-capitalist.html

Also a good statement about ethereum and its relation to ICOs:

"Bogart said he's especially cautious with ethereum, which he said has a lot of overhang because so many initial coin offerings (ICOs) have been built on top of ethereum. He pointed out that if the ICOs don't work out, that could be bad news for the platform its built on. "

It's all just opinions, so my is that it will hit 20k, and I am coming back to this post to say I was right lol.

It is possible to reach 20.000 in this year. But 10.000 usd point is hard to be broken.
Anyway, we all hope it can back to 20.000 or at least 14000 usd this year.

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May 27, 2018, 05:48:12 AM
 #18

i don't think if bitcoin can reach 20k this year. because one of the reason why we use bitcoin is because of the low transaction fee. we know what happen to to the fee when  bitcoin was upto 20k.[the fee was very high] and again too, some country never agree for bitcoin to be used or allowed in their country.
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May 27, 2018, 09:12:57 AM
 #19

Paypal former CEO has said "Bitcoin is the biggest scam of all time". Game over for Bitcoin. Sell and take back whatever money you can.
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May 27, 2018, 09:16:40 AM
 #20

Don't just seek out articles that enforce your own bias.  You need the other side of the coin to make a balance decision.





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