Bitcoin at 20 000$ tomorrow?

[baconlike]

Bitcoin at $ 20,000 tom  torrow? Oh, how wonderful for investors what you think about what we hypothesize they will heat up the bitcoin market as well as altcoin so it very nice  tomorrow

[Valzzz005]

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?"

This was posted for a week now but still the bitcoins haven't been at least the half of the 20k that you are saying. I want for the bitcoins to be in that place but of course I am just being realistic that the bitcoins will not be in 20k even in the end of the month. But still I am hoping that the bitcoins will be 20k before the year ends because I think a lot of people are hoping that to happen. It is just hard for the bitcoins to be in that place that quick they judt cannot because it takes a lot of people to have that price and unity cannot take place without an agenda.

[i_iz_vins]

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?"

not sure if sarcasm or not judging from the title. my perception is that bitcoin will not be able to retain its glory by the end of this year, 2018. It is not impossible to do that but it will be hard situation for bitcoin since we can see drops at the chart these past few weeks.

[Willitivity]

Read the title and on reading up the article, I realized that this is more of a pipe dream than the usual speculations we have been seeing since this whole bitcoin crash started. We should hope that BTC at least gets back to $10k by the end of this year. Currently it's below $6k and keeps downing hopelessly.

[rakkhusi]

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

You have presented it by checking out a lot of things. But Bitcoin does not mean any guesses. The price of the flour is going to decrease gradually. There is no sign of rising prices. The price will increase. It's impossible to tell when.

[pobeditelvezde]

Does anybody still have illusions about that in this year market is bearish? All attempts of making corrections was broken. Market is in a stagnation and moreover market may still continue dropping. It seems to me that it may take several years before BTC will achieve 20000$ again and it means that all BTC holder (and me, of course) has become long term investors.

[lordmick]

Wow! Really I don't think that Bitcoin could reach $ 20K till the end of this year. Because now we see great correction wave of upward trend. I think it will end totally only in the end of this year. I expect that recovery will start only in spring of the next year.

[bachus]

 if the price would go so high, I would be rich tomorrow. All of my financial problems will be solved in one night. Because I have some bitcoins on my wallet.

[ricardobs]

With traditional financial institution banking on bitcoin. The grass is greener on the other side when cryptocurrency trading desk are offered. With that being said as Thomson Reuters claims, 53 traditional financial institutions are bringing cryptocurrency into their system. Hence, month october will surely be a wild ride for the Bull market in cryptocurrency. Stay tuned!

We are discussing about the high value of Bitcoin but look at the current market value of Bitcoin which has touched the lowest value this year.

We can not say it will improve or it will decrease more but only know that it is affected by the demand, if the demand is improving in the upcoming days then consider that we will be standing in a high market soon otherwise the market is not going well for seller.

[geopolisch]

If one investor has enough money, he/she can increase the price to past 20000 dollars. But then the price will go down to 5000 in a matter of hours.

Okay and how do you know the price can go down in maters of hours? No one can really say that but yeah if you invest in the red market and own some good number of coins on low cost, you can earn big upon cashing in future but in a day, the deal of earning so big is not quite possible.

This is because the rise in the prices is solely determined by the invisible hand in the market. However we are hoping for the prices to cross the $20000 value till the end of the year.

[Arwinkim]

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.

I agree on your opinion. Whales can come in and out without pumping the price so the price could be stagnan and just like that. However, it is different story if whales also are holding big portion of cake for a long time whilst they also have big portion to manipulate the price. Double win!

[West0813]

I think it bitcoin will take a little more time before it can hit $20000 mark again. And it will not hit that mark in just 24 hour period. It is so short period.

[Limar0]

With bearish market, I think bitcoin won't reach $20K within a year.As you can see in the market price mostly all coins are dropping gradually.There might be a slight increase but then a rapid decline of value is always observed.We'll hope that there is an unexpected change of value in a favorable situation in the coming days.

[giarised]

yeah bitcoin can 20K reach soon, but need time, i predict next year mid, BTC passed 20K or more

As per situation of the market, we are supposing different market prices for bitcoin. Nothing can be predicted for this. All of these coins are just unpredictable and you are like firing in the air. Things would become fine and like you said, this requires time. With time, everything would become set. We have deep concern with bitcoin and that is why we hope for the best and best results.

[Nonie]

I hope that hopefully the bitcoin price will be 20,000 more this year. this is hard but i am sure it will happen i have prepared many altcoin and bitcoin which i already bought and i will hold it up to get the profit

[aTriz]

I don't know why bitcoin price is down I think end of this month bitcoin price reach 9k$ and all crypto currency again high

This month really unpredictable in crypto market because Bitcoin is still maintain a same level so many experts also confused to predict the future possibilities of Bitcoin. I think this will maintain a 7k USD to 8k USD is possible but 9k USD is impossible in this month may be some good are comes in next week this grow again otherwise it will fluctuate in same level.

Are you joking? $20000 and tomorrow. Investors are afraid of more deficits in the price and you are talking a big pump in the price and no time given only one day. If so I will invest everything in bitcoin today because I will make more than $13000 against one bitcoin. It will be enough for the rest of my life and I will spend my life without any financial problems.

[DOLONCHAPA]

Its too much difficult to happen such types of value. But It is not impossible to reach such types of stage the price. Crypto market always changes .No one can give the actual further prize rate. At the end of 2017 the value of bitcoins reached at the highest position. No one expected such types of growth of bitcoins.  It was really unbelievable.So your expected value can be happened.

[gayan7788]

bitcoin now 6100$ I think all traders are lost today,  my 3000$ btc is lost, I hope next month btc uptrend coming, not hope 10000$

[00DKM@]

It will not be possible. bitcoin will return value 20k, but it takes time to restore confidence from investors. If it's a long-term investment, it's going to be easier, but with many investors seeing the bitcoin value as a whole, they are already hurt by the psychology and the big swings. wait and be patient ... bitcoin will be safe in the long run.

[Sadlife]

Im afraid bitcoin will be unable to recover to 20k dollars that quickly because of some recent hacks that has stolen millions worth of crypto currencies like in bithumb and a korean exchanges. But this maybe just a smoke screen and intentionally made up by a consensus of whales trying to bring down the price. But the bright side is more investment firms are showing interest in bitcoin like alibaba and some whales in wall street.