3 Reasons Why Bitcoin Could Explode over 2019

[Rufsilf]

I'm not quite sure that these financial groups are aiming to help bitcoin grow in any way; the growth of bitcoin if anything hurts the influence these institutions have. If anything, they'll try to manipulate the price and seek to have their own trading bots go at it. seeing as how bitcoin is fairly more volatile as an asset compared to most stocks, they stand to make a pretty large amount if they are able to assert any control over the price.

They probably aren't, but they probably realize it's inevitable anyway, which is why they're going to enter in the first place. Either way, the end result is the same: more money in the market, and a more bullish case for investors.

Right, the increasing adoption of bitcoin and being considered a digital gold means bitcoin is here to stay and for financial institutions to survive they have to adopt it. For me, bitcoin will have a massive increase these year considering that it is still half way through the year and bitcoin price is now at a five digit mark, corrections are always there but I guess $20,000 price of bitcoin will be very possible to happen.

[subSTRATA]

I'm not quite sure that these financial groups are aiming to help bitcoin grow in any way; the growth of bitcoin if anything hurts the influence these institutions have. If anything, they'll try to manipulate the price and seek to have their own trading bots go at it. seeing as how bitcoin is fairly more volatile as an asset compared to most stocks, they stand to make a pretty large amount if they are able to assert any control over the price.

They probably aren't, but they probably realize it's inevitable anyway, which is why they're going to enter in the first place. Either way, the end result is the same: more money in the market, and a more bullish case for investors.

sure, it's more money in the market and more trade volume, but price manipulation is a very real thing, and once they learn they can manipulate the price with their billions, its just a matter of time before they start going further and further. for example, who knows if these groups arent planning their own crypto mining facilities? If bitcoin becomes big enough to seriously threaten the hold the banks have over the financial world, im sure they wouldn't have a problem finding the money to go as far as starting their own mines and attempting to start chaos in the network, possibly even go as far as a 51% attack (unlikely, but definitely possible).

Right, the increasing adoption of bitcoin and being considered a digital gold means bitcoin is here to stay and for financial institutions to survive they have to adopt it. For me, bitcoin will have a massive increase these year considering that it is still half way through the year and bitcoin price is now at a five digit mark, corrections are always there but I guess $20,000 price of bitcoin will be very possible to happen.

It's not a matter of the financial institutions surviving; they're just testing the waters right now. Currently, bitcoin is starting to take off to the point where these institutions can't just ignore it anymore. give it time, im personally of the opinion that these institutions will try to kill bitcoin off once they deem it a threat.

[Botnake]

Upcoming Bitcoin halving in the next year and industry acceptance of Bitcoin has created a favorable atmosphere for Bitcoin which has shown the upsurge in the Bitcoin price from last month and it will continue to fly till 2020.

One of the biggest reason why bitcoin should explode is the institutional money coming in bitcoin, one example is the Libra coin that is created by Facebook and that this the biggest achievement this year, despite it will not launch yet, and if we are talking about facebook, just imagine how big the exposure is with the big partnerships as well.

[odeybit2]

Bitcoin has returned to the limelight in 2019 after rebounding by more than 260 percent from its cycle low of $3,126.88. The recent 30% correction however,.....read more

https://www.cryptoknowmics.com/crypto/3-reasons-why-bitcoin-could-explode-over-2019/

wow

[unorowest]

I'm not quite sure that these financial groups are aiming to help bitcoin grow in any way; the growth of bitcoin if anything hurts the influence these institutions have. If anything, they'll try to manipulate the price and seek to have their own trading bots go at it. seeing as how bitcoin is fairly more volatile as an asset compared to most stocks, they stand to make a pretty large amount if they are able to assert any control over the price.

They probably aren't, but they probably realize it's inevitable anyway, which is why they're going to enter in the first place. Either way, the end result is the same: more money in the market, and a more bullish case for investors.

Very true, but I think there are a whole lot of reasons we are yet to come to terms with, more will emerge in the coming days.

[puertorikosena]

I think that this year Bitcoin will not be able to beat the new price record. But in any case, the cryptocurrency market allowed many traders to earn this year. But it is worth noting that more and more new people are coming to the cryptocurrency market.

[littleheart]

If all the three reasons go in action, there is a chance that BTC could explode over in 2019. However, to know the top 100 Altcoin prices LIVE, click here, https://www.altcoinsidekick.com/cryptocurrency-price-comparison-tool

[UmerIdrees]

The political problems between Iran and the USA might lead to another war and we know what happens when countries goes to war. The whole world goes into a panic mode and they start looking for safe havens to protect their wealth. Singapore are seeing this to with the trade wars and the uneasy relationship between China and the USA.  

Bitcoin is not just a safe haven, it is also a quick method to transfer large amounts of wealth over borders, when a war threatens a country. All of this has a positive impact when situations like this, force people to buy more bitcoins to protect their wealth.  

So you think bitcoin can explode because of international tension and maybe a War. That's not right. A war will bring a big panic to the world economic and even bitcoin will be affected by it in a negative way.
Alternatively, bitcoin will increase naturally as soon as the bitcoin adaption is increased more.

[BrewMaster]

The political problems between Iran and the USA might lead to another war and we know what happens when countries goes to war. The whole world goes into a panic mode and they start looking for safe havens to protect their wealth. Singapore are seeing this to with the trade wars and the uneasy relationship between China and the USA. 

Bitcoin is not just a safe haven, it is also a quick method to transfer large amounts of wealth over borders, when a war threatens a country. All of this has a positive impact when situations like this, force people to buy more bitcoins to protect their wealth. 

such war would be so unpredictable and may not turn out as you think. these tensions are between Iran and US right now but if a war breaks out it will suck the whole middle east and US into war first and then will suck Europe into the war too. at such a large scale i don't think people would be looking for high risk investments such as bitcoin.

[xWolfx]

The political problems between Iran and the USA might lead to another war and we know what happens when countries goes to war. The whole world goes into a panic mode and they start looking for safe havens to protect their wealth. Singapore are seeing this to with the trade wars and the uneasy relationship between China and the USA.  

Bitcoin is not just a safe haven, it is also a quick method to transfer large amounts of wealth over borders, when a war threatens a country. All of this has a positive impact when situations like this, force people to buy more bitcoins to protect their wealth.  

Yeah yeah i know a lot about panic mode. I agree 100% with you.

For example, Venezuela right now is like Havoc or Apocalypse mode and this worked flawlessly to store value, just like any other currency from a developed country.

And it's also interesting how the fees seems expensive for us moving not so big amounts but they are a joke but the ones transferring a lot of money easily.

[zenhu]

I think number 2 reason is not like that cause trade war between US-China, people choose safe-heaven, in this case they are preffer to buy gold. You can look how gold growing last month till now.

[LUCKMCFLY]

I think number 2 reason is not like that cause trade war between US-China, people choose safe-heaven, in this case they are preffer to buy gold. You can look how gold growing last month till now.

I think in the same way, the best way to protect from now on is with gold, investments in gold are a very smart way to invest, it is a form of diversification that is very appropriate for these times, especially with the rates of probability for some economists that the economy between 2019-2020 may crash. In fact, there are many millionaires who have exchanged their FIAT money for investments in Gold, so it is most likely that Bitcoin is a great way to protect themselves.

[samcrypto]

Upcoming Bitcoin halving in the next year and industry acceptance of Bitcoin has created a favorable atmosphere for Bitcoin which has shown the upsurge in the Bitcoin price from last month and it will continue to fly till 2020.

One of the biggest reason why bitcoin should explode is the institutional money coming in bitcoin, one example is the Libra coin that is created by Facebook and that this the biggest achievement this year, despite it will not launch yet, and if we are talking about facebook, just imagine how big the exposure is with the big partnerships as well.

Institutional money will be a big factor this year or even on the early part of 2020, there are more reason to see for the price pump but it will still depend on how bitcoin behave this year. Recently we reach a new uptrend but it fades away easily, it might be the trend until next year or after the halving. Facebook coin is already a big coin because of many investors under that coin, we can watch that one because it can help bitcoin to become high on value.

[YOSHIE]

I don't know, what was said on the news about Bitcoin this year, various reasons arise from predictions, analysis, etc.
What is clear for 2019 is that bitcoin has shown the highest number compared to 2018.
I hope everything will be even better for the price of bitcoin to come.

[guoyu78]

I think the difference between wars creating more panic is not really applicable for bitcoin. After all if there is a war between china and USA (not an actual war but more like an economic war instead, kind of like cold war times, no a single bullet fired but both countries suffered) then the economy of both countries will be affected but people will not move their money to bitcoin for safe haven.

Bitcoin for starters doesn't seem to get that much attention from public as a safe haven just yet, you and I know it but not billions that will be affect. Secondly china banned basically everything about crypto except maybe having some so it would be hard on that front, so what you have left is some Americans that knows bitcoin can be used as safe haven and buy bitcoins, that is a small number to make a big difference.

[klaaas]

I don't know, what was said on the news about Bitcoin this year, various reasons arise from predictions, analysis, etc.
What is clear for 2019 is that bitcoin has shown the highest number compared to 2018.
I hope everything will be even better for the price of bitcoin to come.

Bigger players entering the market and that attracts others that are going to investigate why those people are taking the jump. Sure Bitcoin got room to grow.

[Leon83]

Lets hope the price goes up nice and steady like from august 2015 to december 2017 

July 2020: 100 000$
May 2021: 280 000$

Then a 1,5 year long bear market bottoming at 50 000$

[Naida_BR]

Lets hope the price goes up nice and steady like from august 2015 to december 2017 

July 2020: 100 000$
May 2021: 280 000$

Then a 1,5 year long bear market bottoming at 50 000$

With just demand and supply we will never reach those levels.
If we don't bring and push mass adoption to the max then we will never gonna see such prices. We need real cases that will add value in our lives and make us use bitcoin.