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Author Topic: Will Bitcoin Get Its First Price?  (Read 603 times)
Ridwan Fauzi
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January 24, 2020, 06:00:25 PM
 #61

Today, the price of bitcoin is going up and down. Many are saying that the price of Bitcoin cannot reach $ 20,000 now.
That can be the right thing to see. This is the reason why Bitcoin has been locked in several countries. The only way Bitcoin can be priced in its true state is if the countries where Bitcoin is closed are removed. Did I say right?
No at all, bitcoin price will be priced although there are a lot countries tried to ban bitcoin. That is what I still use bitcoin, although my government still ban bitcoin especially for using it as payment system I'm still using it. They just make a decision but since bitcoin is using internet network that we can avoided it with many ways.

Look at the price movement of bitcoin, although its price had reached $20.000 at 2017 ago and down to $3500 at 2018 ago but its price still have a chance to increase such as in the last year bitcoin price back to increase to $13.000 that is pointed out $20.000 can be reached but it needs several times.
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January 25, 2020, 04:02:25 PM
 #62

Today, the price of bitcoin is going up and down. Many are saying that the price of Bitcoin cannot reach $ 20,000 now.
That can be the right thing to see. This is the reason why Bitcoin has been locked in several countries. The only way Bitcoin can be priced in its true state is if the countries where Bitcoin is closed are removed. Did I say right?

Might have a quite effect but ain't enough. As for now such price range have been triggered by halving that happened few years ago. And if so, to be able to get back to such place may be bitcoin need to have a solid catalyst for market to move at such price. Surely, lifting up those law would have an effect but that doesn't mean that we would be able to see btc moving $20k already.

mahilchii
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January 25, 2020, 05:37:48 PM
 #63

Today, the price of bitcoin is going up and down. Many are saying that the price of Bitcoin cannot reach $ 20,000 now.
That can be the right thing to see. This is the reason why Bitcoin has been locked in several countries. The only way Bitcoin can be priced in its true state is if the countries where Bitcoin is closed are removed. Did I say right?

There is a huge expectation on halving and that's the reason a lot of predict like it will sky rocket again. This is especially with the market strategy when cannot expect a sudden huge pump, and yes countries who oppose BTC will slowly realize the importance of crypto currency and they will declare it again as legal just a matter of time buddy, have patience a long way to go.

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January 25, 2020, 06:20:46 PM
 #64

Today, the price of bitcoin is going up and down. Many are saying that the price of Bitcoin cannot reach $ 20,000 now.
That can be the right thing to see. This is the reason why Bitcoin has been locked in several countries. The only way Bitcoin can be priced in its true state is if the countries where Bitcoin is closed are removed. Did I say right?
Some of the most important and powerful countries of the world do not seem to want to ban bitcoin, they understand the technology, once they ban bitcoin they are not going to have any recourse against it since people will begin to transact directly in it, a ban from a big country may have a temporal effect on bitcoin but after some time things will go back to the way they were, the reason the price cannot go to 20k is because there is simply not demand for it.
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January 25, 2020, 09:03:51 PM
 #65

Today, the price of bitcoin is going up and down. Many are saying that the price of Bitcoin cannot reach $ 20,000 now.
That can be the right thing to see. This is the reason why Bitcoin has been locked in several countries. The only way Bitcoin can be priced in its true state is if the countries where Bitcoin is closed are removed. Did I say right?
No at all, bitcoin price will be priced although there are a lot countries tried to ban bitcoin. That is what I still use bitcoin, although my government still ban bitcoin especially for using it as payment system I'm still using it. They just make a decision but since bitcoin is using internet network that we can avoided it with many ways.

Look at the price movement of bitcoin, although its price had reached $20.000 at 2017 ago and down to $3500 at 2018 ago but its price still have a chance to increase such as in the last year bitcoin price back to increase to $13.000 that is pointed out $20.000 can be reached but it needs several times.
Yes bitcoin never remains at same price but it keeps moving according to the yearly situation of the market as you explained really well that in different years the price has been different. So I think it's not possible to see the bitcoin at its very first price as it's now more than 11 years and bitcoin has achieved such huge potential all around the world so price now will only pump as much as I know.
BigBos
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January 26, 2020, 07:19:01 AM
 #66

I don't think that when other countries accept bitcoin, prices will rise rapidly. I think that to reach the price of $ 20,000, only development needs to be done for development. there are some countries that reject this development, but now they are using it again, and that doesn't affect the price deeply. however, achieving a price of $ 20,000 depends on the functions and benefits of bitcoin. if bitcoin can be put to good use, then it can make the price go up. in addition, this year, the potential increase in the price of bitcoin can reach a price of $ 20000 is quite large.
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January 26, 2020, 08:44:15 AM
 #67

Today, the price of bitcoin is going up and down. Many are saying that the price of Bitcoin cannot reach $ 20,000 now.
That can be the right thing to see. This is the reason why Bitcoin has been locked in several countries. The only way Bitcoin can be priced in its true state is if the countries where Bitcoin is closed are removed. Did I say right?
Some of the most important and powerful countries of the world do not seem to want to ban bitcoin, they understand the technology, once they ban bitcoin they are not going to have any recourse against it since people will begin to transact directly in it, a ban from a big country may have a temporal effect on bitcoin but after some time things will go back to the way they were, the reason the price cannot go to 20k is because there is simply not demand for it.

Or these countries just don't see anything major in btc to warrant a ban or a full support. There are more countries who are dealing indifferently with bitcoin that those who're spending time in it, like china. I guess these countries see both the harm and good and just lets its citizens decide for themselves of they want to deal with crypto.

 
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piebeyb
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January 26, 2020, 10:06:15 AM
 #68

in my country blocked only as a means of payment it is not allowed to buy anything with bitcoin, but they do not prohibit the right of people to hold it as a digital asset and their investment at their own risk, so the purpose of prohibiting I think you need to read more about this not all countries forbid their community's right to invest in bitcoin, can be blocked for some reason but not prohibited to have it, if prices can go up in the future some time I guarantee that we will touch the price of $ 20k in Q4 this year

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January 26, 2020, 11:50:27 AM
 #69

Today, the price of bitcoin is going up and down. Many are saying that the price of Bitcoin cannot reach $ 20,000 now.
That can be the right thing to see. This is the reason why Bitcoin has been locked in several countries. The only way Bitcoin can be priced in its true state is if the countries where Bitcoin is closed are removed. Did I say right?
Well I guess everything is connected, I mean if government lift the ban in their own countries this will cause a mass adoption, big entrepreneurs will get attract on it and it this community will catch more investors then that might be a chance we could see Bitcoin grow and set a new record of an all-time high.

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January 26, 2020, 08:14:45 PM
 #70

This is the reason why Bitcoin has been locked in several countries.

you mean "banned"?
if yes, then there has not been any new country that banned bitcoin for many years. there is the same handful of countries like Bangladesh that banned bitcoin many years ago and have not changed their stance while the rest of 99% of the world have accepted bitcoin more or less.

And even in Bangladesh where Bitcoin is declared illegal and arrests are made, the people are still pretty much into Bitcoin. Bangladeshis are buying and selling Bitcoin. They are in this forum as well, discussing and talking about Bitcoin, and working for Bitcoin. As a matter of fact, "The Bitcoin Cafe" is still in Bangladesh serving hot coffee until now (I hope). There you go. There is nothing and no one that can stop Bitcoin.

 

If you do things in hiding then yes no one can stop you, but if the government knows about your crypto activity then they will catch you and lock you in prison. Things are different here! You can't use bitcoin openly in Bangladesh, right? Then how can you say no one can stop you? There is no shame to accept that bitcoin is not accepted by many countries and their reason is pretty good!

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palle11
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January 26, 2020, 09:10:35 PM
 #71

Today, the price of bitcoin is going up and down. Many are saying that the price of Bitcoin cannot reach $ 20,000 now.

This is not a hard achieve. We can only doubt the probability of the price bitcoin has not got to but if it has reached that, there is high possibility of getting there again.
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