Bitcoin at 20 000$ tomorrow?

[Tytanowy Janusz]

Its not troll topic. Its math speculation and opening to bigger discussion.

Now let me explain this nonsense from topic:

Currently we have 17 mil bitcoins according to statistics 4-6mil are already lost(forgotten password, burned during wrong transfers etc). That gives us 11 mil of bitcoins. Few mils are stuck on wallets where they have to be (for example mt gox wallet), on long-time hodlers etc. Let's say that we have 8 mil of bitcoins that can be possibly dump.

Now imagine that 1 whale came to the market tomorrow and set buy order on 20k with 2 mil coins (500k to eat walls and 1500k to show that you are not the gay that others want to mess with ) - 40 bil offers. Is it possible? - Warren Buffet has 80 bil $. Most of them are locked in investitions but its only example
How many of those 8 mil would be dumped in this situation? How many fomo investors will jump in? I think that those 1.5 mil coins won't be eaten (many investors seeing that big wall won't sell). Some of the traders will move their offers above that huge wall to be able to trade at all. What if he would do this pump after first good news (redtube supports bitcoin ). Society will make dozens of video and posts on forums that this caused bitcoin to moon.

Why would he do that?
Imagine he already has 1 mil coin bough from 5-5000$ (this makes 7 mil not 8 possible to dump). Selling them now will cause huge dump. After this huge pump he would be able to dump everything on higher prices.

Shittalk and none would do that?
This scenario happened in smaller scale 12 April 2018 when we had pump from 6900 to 8000 in 30 min. Someone just came to the market and said :"From today we trade at levels 8k+. If anyone disagrees you are out of trading for next months". Some of the traders and holders disagree and tries to dump their coins on him (that's why second candle after this pump was short with high volume).

Im not talking that this will happen tomorrow. I post this math speculation to show you guys that in trading world nothing is certain. Even the best analysis won't predict you from whales that can change market dramatically.
Good aspect of this is that its impossible to do that in south direction. Because if someone would use his few mil bitcoins to dump to 1$ there will be whales who would buy his few mil cos for few mil $ and stop this.

We have supports, resistances, trend lines, RSI but they have money. We should start to think like a whale. Thinking where he is trying to trick us. Where he is preparing for big moves etc. Always after any analysis try to think before transaction "isn't it a whale who is trying to push me into this trade by showing buy opportunity?"

[alibaba93]

Its not troll topic. Its math speculation and opening to bigger discussion.

Now let me explain this nonsense from topic:

Currently we have 17 mil bitcoins according to statistics 4-6mil are already lost(forgotten pasword, burned during wrong transfers etc). That gives us 11 mil of bitcoins. Few mils are stuck on wallets where they have to be (for example mt gox wallet), on longtime hodlers etc. Lets say that we have 8 mil of bitcoins that can be possibly dump.

Now imagine that 1 whale came to the market tommorow and set buy order on 20k with 2 mil coins (500k to eat walls and 1500k to show that you are not the gay that others want to mess with ) - 40 bil offer.  Is it possible? - Warren Buffet has 80 bil $. Most of them are locked in investition but its only example
How many of those 8 mil would be dumped in this situation? How many fomo investors will jump in? I think that those 1.5 mil coins wont be eaten (many investors seeing that big wall wont sell). Some of traders will move their offers obove that huge wall to be able to trade at all. What if he would do this pump after first good news (redtube supports bitcoin  ). Society will make dozens of video and posts on forums that this caused bitcoin to moon.

Why would he do that?
Imagine he already have 1 mil coin bough from 5-5000$ (this makes 7 mil not 8 possible to dump). Selling them now will caus huge dump. After this huge pump he would be able to dump everything on higher prices.

Shittalk and noone would do that?
This scenario happend in smaller scale 12 april 2018 when we had pump from 6900 to 8000 in 30 min. Someone just came to the market and said :"From today we trade at levels 8k+. If anyone disagree you are out of trading for next months". Some of traders and holders disagree and tries to dump their coins on him (thats why second candle after this pump was short with high volume).

Im not talking that this will happen tommorow. I post this math speculation to show you guys that in trading world nothing is ceraint. Even best analysis wont predict you from whales that can change market dramatically.
Good aspect of this is that its imposible to do that in south direction. Because if someone would use his few mil bitcoins to dump to 1$ there will be whales who would buy his few mil cos for few mil $ and stop this.

We have supports, resistances, trendlines, RSI but they have money. We should start to think like a whale. Thinking where he is trying to trick us. Where he is prepering for big moves etc. Alwais after any analysis try to think beafore transaction "isnt it a whale who is trying to push me into this trade by showing buy oportunity?"

In a market like today, I believe that bitcoin will not be able to rebound to the $ 20000 mark as at the end of 2017, you can see that the market has been fluctuating continuously over the past few days and It is difficult to predict, bitcoin prices are constantly decreasing and there are no signs of recovery, so at this point you should only trade short term in order to minimize risk. The bitcoin price is likely to reach $ 2000 by the end of 2018.

[cydrix]

Its not troll topic. Its math speculation and opening to bigger discussion.

Now let me explain this nonsense from topic:

Currently we have 17 mil bitcoins according to statistics 4-6mil are already lost(forgotten pasword, burned during wrong transfers etc). That gives us 11 mil of bitcoins. Few mils are stuck on wallets where they have to be (for example mt gox wallet), on longtime hodlers etc. Lets say that we have 8 mil of bitcoins that can be possibly dump.

Now imagine that 1 whale came to the market tommorow and set buy order on 20k with 2 mil coins (500k to eat walls and 1500k to show that you are not the gay that others want to mess with ) - 40 bil offer.  Is it possible? - Warren Buffet has 80 bil $. Most of them are locked in investition but its only example
How many of those 8 mil would be dumped in this situation? How many fomo investors will jump in? I think that those 1.5 mil coins wont be eaten (many investors seeing that big wall wont sell). Some of traders will move their offers obove that huge wall to be able to trade at all. What if he would do this pump after first good news (redtube supports bitcoin  ). Society will make dozens of video and posts on forums that this caused bitcoin to moon.

Why would he do that?
Imagine he already have 1 mil coin bough from 5-5000$ (this makes 7 mil not 8 possible to dump). Selling them now will caus huge dump. After this huge pump he would be able to dump everything on higher prices.

Shittalk and noone would do that?
This scenario happend in smaller scale 12 april 2018 when we had pump from 6900 to 8000 in 30 min. Someone just came to the market and said :"From today we trade at levels 8k+. If anyone disagree you are out of trading for next months". Some of traders and holders disagree and tries to dump their coins on him (thats why second candle after this pump was short with high volume).

Im not talking that this will happen tommorow. I post this math speculation to show you guys that in trading world nothing is ceraint. Even best analysis wont predict you from whales that can change market dramatically.
Good aspect of this is that its imposible to do that in south direction. Because if someone would use his few mil bitcoins to dump to 1$ there will be whales who would buy his few mil cos for few mil $ and stop this.

We have supports, resistances, trendlines, RSI but they have money. We should start to think like a whale. Thinking where he is trying to trick us. Where he is prepering for big moves etc. Alwais after any analysis try to think beafore transaction "isnt it a whale who is trying to push me into this trade by showing buy oportunity?"

In a market like today, I believe that bitcoin will not be able to rebound to the $ 20000 mark as at the end of 2017, you can see that the market has been fluctuating continuously over the past few days and It is difficult to predict, bitcoin prices are constantly decreasing and there are no signs of recovery, so at this point you should only trade short term in order to minimize risk. The bitcoin price is likely to reach $ 2000 by the end of 2018.

Yeah all of OP's explanation are all useless in terms of increasing the value of bitcoin the title seems of so I've read it thoroughly and to find out the he says "I'm not saying it will happen tomorrow" is unlikely. To increase the value of bitcoin to atleast a $20000 it need atleast half a million dollars or more to support the masses as they hold.

[BitHodler]

What you say is a possibility, but just unlikely to happen on a large scale. It also doesn't last as we have seen. Don't forget that the more professional the parties involved in Bitcoin are, the more strategic planning is involved.

If we look at why these crazy bull runs are separated by years, it becomes clear that accumulation is a very slow process in a market significantly lacking liquidity in all aspects.

Whales will only buy up the market with confidence if they have a significant number of coins already, which should make sense. Currently we're back at the initial accumulation phase, and we don't know how long it will take.

[Tytanowy Janusz]

Yeah all of OP's explanation are all useless in terms of increasing the value of bitcoin the title seems of so I've read it thoroughly and to find out the he says "I'm not saying it will happen tomorrow" is unlikely. To increase the value of bitcoin to atleast a $20000 it need atleast half a million dollars or more to support the masses as they hold.

realy? Half a milion dollars to do this pump? Hilarious.

What you say is a possibility, but just unlikely to happen on a large scale. It also doesn't last as we have seen. Don't forget that the more professional the parties involved in Bitcoin are, the more strategic planning is involved.

If we look at why these crazy bull runs are separated by years, it becomes clear that accumulation is a very slow process in a market significantly lacking liquidity in all aspects.

Whales will only buy up the market with confidence if they have a significant number of coins already, which should make sense. Currently we're back at the initial accumulation phase, and we don't know how long it will take.

Agree. Acumulation is long proces and this is only thing stopping whales from pumping bitcoin to 20-50k now. Because this market is not that deep. As i wrote even 1 person can change it dramatically even pomping to 20 000$ tommorow (if he will see good profit in it - and good profit will be achived when he already acumulated enought bitcoins). But when you think that bitcoin is 6 yo whale could be buying from 5$ till 1k$ then pumped to 20k where he dumped 20% of his bitcoin (only that amount he managed to dump). Now he only need to rebuy this 20% to pump to 50k where he will again dump as much as he can.

This post was not made to convince anyone that it will happend. It was made to show that even that never seen, unbelievable situation with bitcoin pump 200% in 1 day is possible. And even if it is possible than any other situation in smaller scale is possible too. Thats why we should alwais have in back of our heads that in trading nothing is cerain.

[Lucius]

Tytanowy Janusz you write interesting post, I see something like this few times on forum. Idea that some very rich person can come in market and invest billions in BTC is in any case possible, but I think that we not have such person in this moment - Buffet certainly is not one of these people since he is talking against BTC all time. Also problem may be in fact that most of rich people have their fortune in real estate, gold/silver , works of art and so on, so it is hard to expect they will change their opinion regarding BTC over night, especially because it is very risky asset.

But in any case I leave all options open when it comes to BTC, even such scenario is not easily achievable.

[mk4]

I really think your reasoning is quite farfetched and quite impossible to happen, but hey. At least you gave us an actual explanation instead of posts like "bitcoin at $5k soon, trust me".

Currently we have 17 mil bitcoins according to statistics 4-6mil are already lost(forgotten pasword, burned during wrong transfers etc). That gives us 11 mil of bitcoins. Few mils are stuck on wallets where they have to be (for example mt gox wallet), on longtime hodlers etc. Lets say that we have 8 mil of bitcoins that can be possibly dump.

How do you even know that 4-6mil are "lost"? You can't prove that.

[Tytanowy Janusz]

I really think your reasoning is quite farfetched and quite impossible to happen, but hey. At least you gave us an actual explanation instead of posts like "bitcoin at $5k soon, trust me".

Currently we have 17 mil bitcoins according to statistics 4-6mil are already lost(forgotten pasword, burned during wrong transfers etc). That gives us 11 mil of bitcoins. Few mils are stuck on wallets where they have to be (for example mt gox wallet), on longtime hodlers etc. Lets say that we have 8 mil of bitcoins that can be possibly dump.

How do you even know that 4-6mil are "lost"? You can't prove that.

Its according to statisticks. There is nothing to proof. It might be wrong. It might be 3 mil or 7 mil. Just grab source:
http://fortune.com/2017/11/25/lost-bitcoins/
https://fossbytes.com/billion-lost-bitcoins/
https://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-price-lost-mining-how-to-find-cryptocurrency-value-chainalysis-satoshi-nakamoto-a8091851.html
4-6 mil was on page in my native language. Those 4 mil are also calculated months ago. This number is increasing everyday (and this is also indicator for future longterm bitcoin grow - if in 2025 there will be only 2 mil bitcoins rest will be lost price could be great).

Im not talking that this will happen tommorow. I post this math speculation to show you guys that in trading world nothing is ceraint. Even best analysis wont predict you from whales that can change market dramatically.
Good aspect of this is that its imposible to do that in south direction. Because if someone would use his few mil bitcoins to dump to 1$ there will be whales who would buy his few mil cos for few mil $ and stop this.

We have supports, resistances, trendlines, RSI but they have money. We should start to think like a whale. Thinking where he is trying to trick us. Where he is prepering for big moves etc. Alwais after any analysis try to think beafore transaction "isnt it a whale who is trying to push me into this trade by showing buy oportunity?"

This post was not made to convince anyone that it will happend. It was made to show that even that never seen, unbelievable situation with bitcoin pump 200% in 1 day is possible. And even if it is possible than any other situation in smaller scale is possible too. Thats why we should alwais have in back of our heads that in trading nothing is cerain.

If you would read to the end you will see that i wrote it by myself that it is unlikely to happend but it is only example to show that in trading nothing is certain. Thats why i choose 20k in 1 day. To make it quite impossible. I could chose 12k in 1 week made by 1 whale and fomo noobs. But it wont be quite impossible and wont show how unpredictable this market can be.

I really think your reasoning is quite farfetched and quite impossible to happen, but hey.

Yea just like i said. Quite impossible.

[jrrsparkles]

Interesting to read but I doubt that it it will happen.

Yes the whales have manipulated the market but I think now manipulation rate has been diluted because of many newbie investors and still they have the ability to manipulate but I don't think they are holding the most part of bitcoin so they just can initiate the transaction and the result will be panic selling by new investors.

[LeGaulois]

In theory, it's totally possible but in practice, I think you're just dreaming. And IF it happens to be sure there are some people and media who will jump on to say it is confirmed there is a market manipulation with all kind of conspiracy theories.
The recent days are showing us all the weak hands who panic and sell their coins.

[ELEL_ELEL]

Its not troll topic. Its math speculation and opening to bigger discussion.

Now let me explain this nonsense from topic:

Currently we have 17 mil bitcoins according to statistics 4-6mil are already lost(forgotten pasword, burned during wrong transfers etc). That gives us 11 mil of bitcoins. Few mils are stuck on wallets where they have to be (for example mt gox wallet), on longtime hodlers etc. Lets say that we have 8 mil of bitcoins that can be possibly dump.

Now imagine that 1 whale came to the market tommorow and set buy order on 20k with 2 mil coins (500k to eat walls and 1500k to show that you are not the gay that others want to mess with ) - 40 bil offer.  Is it possible? - Warren Buffet has 80 bil $. Most of them are locked in investition but its only example
How many of those 8 mil would be dumped in this situation? How many fomo investors will jump in? I think that those 1.5 mil coins wont be eaten (many investors seeing that big wall wont sell). Some of traders will move their offers obove that huge wall to be able to trade at all. What if he would do this pump after first good news (redtube supports bitcoin   ). Society will make dozens of video and posts on forums that this caused bitcoin to moon.

Why would he do that?
Imagine he already have 1 mil coin bough from 5-5000$ (this makes 7 mil not 8 possible to dump). Selling them now will caus huge dump. After this huge pump he would be able to dump everything on higher prices.

Shittalk and noone would do that?
This scenario happend in smaller scale 12 april 2018 when we had pump from 6900 to 8000 in 30 min. Someone just came to the market and said :"From today we trade at levels 8k+. If anyone disagree you are out of trading for next months". Some of traders and holders disagree and tries to dump their coins on him (thats why second candle after this pump was short with high volume).

Im not talking that this will happen tommorow. I post this math speculation to show you guys that in trading world nothing is ceraint. Even best analysis wont predict you from whales that can change market dramatically.
Good aspect of this is that its imposible to do that in south direction. Because if someone would use his few mil bitcoins to dump to 1$ there will be whales who would buy his few mil cos for few mil $ and stop this.

We have supports, resistances, trendlines, RSI but they have money. We should start to think like a whale. Thinking where he is trying to trick us. Where he is prepering for big moves etc. Alwais after any analysis try to think beafore transaction "isnt it a whale who is trying to push me into this trade by showing buy oportunity?"

Wow if the price will jump to this the world will celebrate for our success because everybody will be surprised to achieve our goal in life. Everything is control of the price pump of bitcoin. All coins will be carried up if bitcoin will go up and back to price like December 2017.

[@prashant]

It's up to whales and major big holder company,if they choose to pump no matter regular trader try to dump they will increase the price or vice versa.so one would say no the price will dump more because of technical analysis but that not the case if they choose to pump or dump it ,your technical analysis will not work. And 20k is bit over expected ,I would say it will recover to 8-10 k if whale decided to.

[nsasuiteb]

They have money but not tomorrow for sure, bitcoin is not $5 now it is $6K but I think it can really be $20.000 one month later.

[renemagritte]

It can happen, but I dream a market where nobody can manipulate like this. But for now, I hope those whales help us (but I believe they're the ones who dump and create fud to buy things cheaper)

[bitbunnny]

No matter this extensive explanation this makes no sense to me. Yes, Bitcoin price can change very quickly and different factors can influence the price very harsh and quickly but such dramatic sudden change is not going to happen, at least not over night.
To my opinion Bitcoin will take some time to recover, maybe even a whole year or longer to achieve or exceed 20000$ peak.
But still it's nice to see your enthusiasm and optimism.

[lucakun]

I guess big investors are planning to come in heavily!

[Biggapp]

I think in this moment read this topic it's only laugh.

I do not think it should make you laugh. The post talks about a possible value of Bitcoin in future and it is entirely an economic question. I would say that it might not be possible for Bitcoin to cross or reach $20000 tomorrow or day after tomorrow but of course Bitcoin might cross the $20000 values towards the end of 2018. These predictions have attracted good investment into the market and as a result the price along with the stability has started rising.

[Sanitough]

It's hard to come to terms with the bitcoin price going up to $ 20000 tomorrow, while today it's $ 6300, if it's a month or more than a month, the bitcoin price could be as much as $ 20000 we want

You know the hype in crypto, once it will start to rise due to big great news, we can always expect we will surpass the price.
The next half of this year could be the time where we can see the price will rise, I am expecting that this bearish trend will be over soon.

[Tytanowy Janusz]

Bitcoin at $20 000 tomorrow?This is absurd.Currently, bitcoin price is at $6500.There's no way that it can increase at $13500 within 24 hours.Even at end of this year it is impossible to reach that $20K margin.

It's hard to come to terms with the bitcoin price going up to $ 20000 tomorrow, while today it's $ 6300, if it's a month or more than a month, the bitcoin price could be as much as $ 20000 we want

I firmly believe that Bitcoin prices will hardly recover to $ 20000. The market is in a bear market in the long run, bitcoin prices have been falling continuously over the past few days and there are no signs of recovery, so it is very difficult for you to trade successfully. bitcoin and always have a concrete plan in the trade.

I do not think it should make you laugh. The post talks about a possible value of Bitcoin in future and it is entirely an economic question. I would say that it might not be possible for Bitcoin to cross or reach $20000 tomorrow or day after tomorrow but of course Bitcoin might cross the $20000 values towards the end of 2018. These predictions have attracted good investment into the market and as a result the price along with the stability has started rising.

No matter this extensive explanation this makes no sense to me. Yes, Bitcoin price can change very quickly and different factors can influence the price very harsh and quickly but such dramatic sudden change is not going to happen, at least not over night.
To my opinion Bitcoin will take some time to recover, maybe even a whole year or longer to achieve or exceed 20000$ peak.
But still it's nice to see your enthusiasm and optimism.

Its so sad. I didnt expect that this topic will show that most of users are here only to pump activity for bounty. All of you spam this topic without even reading whats inside of it (and this topic is about beeing suspicious and thinking of whales as experienced poker pleyers who are here to trick us, bluff, and makes us dumb, and they have money to do insane and quite impossible things that noone could predict (like 20k in 1 day by 1 whale by 40 bil $)). All of you read only topic and write your spam about that it is inpossible for bitcoin to hit 20k (that was my goal). I also wrote it by myself and even bolded it in 2 posts. I chose 20k to make it unbeliveble but mathematicaly possible. If even this is possible than 10k in 1 week is even more possible. I chose unbeliveble bitcoin jump to show how unpredictible this market can be. If ill write 10k in 2 weeks i would not show how it is unpredictable. Even legendary and hero members ... So sad.

It can happen, but I dream a market where nobody can manipulate like this. But for now, I hope those whales help us (but I believe they're the ones who dump and create fud to buy things cheaper)

It's up to whales and major big holder company,if they choose to pump no matter regular trader try to dump they will increase the price or vice versa.so one would say no the price will dump more because of technical analysis but that not the case if they choose to pump or dump it ,your technical analysis will not work. And 20k is bit over expected ,I would say it will recover to 8-10 k if whale decided to.

In theory, it's totally possible but in practice, I think you're just dreaming. And IF it happens to be sure there are some people and media who will jump on to say it is confirmed there is a market manipulation with all kind of conspiracy theories.
The recent days are showing us all the weak hands who panic and sell their coins.

Thats for reading and taking part in discussion. I dont think that it is possible for market to be unsusceptible for manipulation. Even stocks and forex are manipulated.

[iram1011]

I have read a lot that the traditional financial institutions are willing to start with cryptocurrency trading desk and start offering cryptocurrencies. But there isn't much of a proof to that. But the recent report by Thomson Reuters which claims that over 53 traditional financial institutions are ready to bring in cryptocurrency in their system by October which means that the price will easily rise above $25k with traditional finance money jumping in after waiting on the sidelines.