Still think it can hit 20k !! be optimistic

[Arkham Knight]

$6k is not very far to $20k so it is still achievable. Just a little jump in price like reaching $10k then $14k is already attainable. I am just like you OP who is still very optimistic despite the downfall.

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[SirLancelot]

I am also very optimistic that bitcoin is going to get to $20,000 probably before the end of this year or first quarter of next year.  If you should buy bitcoin now is you are going to make over 300% if bitcoin get to $20,000 and above.  You should buy bitcoin when others are afraid to invest in it.

Thing aren't looking that good right now, BTC is down to 6700$, but patience will be rewarded. It doesn't have to hit 20k this year, maybe that's too optimistic right now but it will get to 20k eventually.

Not looking good at all and no one is even sure where we are even headed at all from here. However, I feel we still have a lot of ways to go down lower and how the market will be playing out with respect to this is still something no one is so sure of yet, but I am not too optimistic in the short term.

However, for the long run, I am very much optimistic. However, there is no point be over assumptions as we still have a long time to go in this year, so let's see how things would turn out eventually.

[Palmerson]

Optimism should not border on idiocy. Better to be a realist. There are no prerequisites for bitcoin to return to the price of $ 20,000 this year. Every user should understand that there is no easy money. It is not possible to buy bitcoins at low prices and sell them at high prices all the time.

[gabmen]

Optimism should not border on idiocy. Better to be a realist. There are no prerequisites for bitcoin to return to the price of $ 20,000 this year. Every user should understand that there is no easy money. It is not possible to buy bitcoins at low prices and sell them at high prices all the time.

Yeah I share your views here. Too much has happened since bitcoin started going down from the 20k point, and people have witnessed their money and investments plunge to below 50%. A lot of them who jumped in to fomo last year will be extremely wary to invest again where they lost money

[Mastsetad]

Bitcoin will soon hit 20k dollar as its current increase in value constantly is the sign for us and we should be optimistic and should not think down as the source has seen a lot of jumps and downs and will recover this time as well like recovered many times before. The 20k dollar is nothing if we compare with the strength of Bitcoin, the Bitcoin will soon payoff if you invest now and wait for the price time jump again.

If by soon you mean a year or two then I agree with you. That could happen but it's very debatable.

Yeah I also think that in the future bitcoin price will reach to $20k and may be more than that. I also hopeful about the good future of bitcoin, no say about the time but growth is assured. For me this is the best time for investment in bitcoin and to make handsome profits in the future. It is right that it is not possible in this year.

[aris av]

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.

I believe in bitcoin, no doubt the bitcoin will increase gradually and will reach 20k. Many investors believe bitcoin and it will increase the value of bitcoin.

[Hannahanto]

Sure most of us believe bitcoin will hit 20k by the end of this year. Now the market is not in good condition, many people says it will reach more than 20k by the end of this year. Last year also first half of the month the price would not increase but second half of the month the price starts to increase. So surely we can expect this will happen in this year also. Hope with patience sure the bitcoin price will increase in future.

[rainezerr]

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.

Most of the crypto analyst today are expecting for the price of bitcoins to go back on $20k dollars but there is a huge chance that the price might surpass even $20k dollar due to different legalization of cryptocurrency on other countries so there will be more demand on the market.

[nickwen]

I do not think this is optimistic. Bitcoin can increase to $ 20,000 by the end of the year or maybe early in 2019. most of the bitcoin charts of each year have proved this

[soname12]

The thing I want most now is the bitcoin price increases to $ 10,000, and the ETH price goes up to $ 1000 this year. I do not think the price will be able to recover to $ 20,000 like as of the end of 2017

[tranduc2101]

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.

Everyone wants bitcoin to rebound as last year. I also believe that prices will rebind, but the crypto market cannot recover this year. In recent times many people have become distrustful of cryptocurrency. hope they will rethink

[Superways]

The thing I want most now is the bitcoin price increases to $ 10,000, and the ETH price goes up to $ 1000 this year. I do not think the price will be able to recover to $ 20,000 like as of the end of 2017

But you do not have any reason that why the price will not rise. You only are seeing the price at the current position and are panic it again and again while you forgot that in the previous year there nothing much in crypto and still the price increased while the current year is going to be more better than the previous just wait a while and you will see the price increasing like the previous year.

[Kurokyy]

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.

The value of bitcoins will be growing even more and surpass the previous price because there are a lot of people in the market who is investing in the market which will leads for the price to grow and there are countries as well that legalizing bitcoins in their area so we can expect for the price to increase even more in the future due to high demand in the market.

[radjie]

I am also very optimistic that bitcoin is going to get to $20,000 probably before the end of this year or first quarter of next year.  If you should buy bitcoin now is you are going to make over 300% if bitcoin get to $20,000 and above.  You should buy bitcoin when others are afraid to invest in it.

Thing aren't looking that good right now, BTC is down to 6700$, but patience will be rewarded. It doesn't have to hit 20k this year, maybe that's too optimistic right now but it will get to 20k eventually.

Not looking good at all and no one is even sure where we are even headed at all from here. However, I feel we still have a lot of ways to go down lower and how the market will be playing out with respect to this is still something no one is so sure of yet, but I am not too optimistic in the short term.

However, for the long run, I am very much optimistic. However, there is no point be over assumptions as we still have a long time to go in this year, so let's see how things would turn out eventually.

certainly bitcoin will touch back at the price of $ 20k but it takes a long time and not as fast as last year's price movement because this year bitcoin continues to experience market price correction and much affected by bad news, but we all can not predict accurately because now still in the middle of 2018, as we know that bitcoin price movements such as roller coasters sometimes rise very high and experience a drastic price reduction

[Dudeperfect]

Yes, I still believe that Bitcoin will not only cross 20k but we will see a fresh all-time high level in this year itself and I am expecting price momentum in the second half of this year. I don't see any reason for the price to fall from this level but on the other hand, investors are waiting for a perfect opportunity to get in and the start of that momentum would be the point when the price will start upward growth with a rapid pace.

[Dread Pirate Roberts]

I believe it can happen. strongly believes that with the possibilities. but the fact is now being showing the opposite . bitcoin keep falling even good news is coming. and I'm typical realistic person with daily trading prefer short trading compared to a holding my asset for a long time with everyday feels like heart attack.

$6k is not very far to $20k so it is still achievable. Just a little jump in price like reaching $10k then $14k is already attainable. I am just like you OP who is still very optimistic despite the downfall.

Its not true . $6k to $20k its almost 300% and its a difference that is far enough for Bitcoin . If you said that is not so far. When bitcoin $20k later. If another predict say bitcoin will $60k what you will say ? is not very far ? :p

[jamids]

Yes, I still believe that Bitcoin will not only cross 20k but we will see a fresh all-time high level in this year itself and I am expecting price momentum in the second half of this year. I don't see any reason for the price to fall from this level but on the other hand, investors are waiting for a perfect opportunity to get in and the start of that momentum would be the point when the price will start upward growth with a rapid pace.

It may seem like the volume is still low but when the price jumps up, investors would flock in again just like in the past and the hype will happen all over again which is unhealthy if the price grows immediately because the downfall would just be greater but if the price would have an organic then it would be good. Hitting $20k is not totally impossible and there are even people who predicted it to reach $50k this year if ever there is a catalyst that would happen.

[CryptoLoverz]

yes, I think one way to be successful and successful is to have a strong sense of optimism. with strong optimism, we can reduce the sense of panic within us.
I also believe the market price can reach 20k again, it just takes time and need to be patient to reach that point, recently there are so many obstacles that block Bitcoin, for example a lot of negative news about cryptocurrency. but I know that there are a lot of people who still believe in Bitcoin, and even many new people, want to start learning Bitcoin, they expect a bright future, and if governments in some countries start adopting it, it may affect the rising market prices . a hope that many people hope for.

[Dodoymabs]

yes, I think one way to be successful and successful is to have a strong sense of optimism. with strong optimism, we can reduce the sense of panic within us.
I also believe the market price can reach 20k again, it just takes time and need to be patient to reach that point, recently there are so many obstacles that block Bitcoin, for example a lot of negative news about cryptocurrency. but I know that there are a lot of people who still believe in Bitcoin, and even many new people, want to start learning Bitcoin, they expect a bright future, and if governments in some countries start adopting it, it may affect the rising market prices . a hope that many people hope for.

Being positive about cryptos can give big impact to its value it is because people will started to believe that it will give us/them a good ROI. So may of us are believing that it will hit again and this is why more and more are holding Bitcoin hoping to get good profits in a long-term investment.

[1Referee]

Being positive about cryptos can give big impact to its value it is because people will started to believe that it will give us/them a good ROI. So may of us are believing that it will hit again and this is why more and more are holding Bitcoin hoping to get good profits in a long-term investment.

No. People expecting ROI from the market is exactly what makes this environment as shitty as it is today.

Technically, you can't and shouldn't expect anything from the market. It is quite annoying some times that people don't realize how they contribute to a hype based culture that is only harming new market participants. 99% of the newbies are only here for the profit potential. 1% is here to learn and to actually utilize Bitcoin as currency.

Eventually when the shitcoin/token bubble bursts, they'll be hit extremely hard and they will probably not recover from it if they went full nuts with their savings. If Warren Buffett was referring to altcoins and tokens only with his trash talk, I would gladly agree with everything that he said.