Will Bitcoin Get Its First Price?

[aliijaz12560]

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?

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[pooya87]

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.

[Darker45]

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.

 

[MURONDI]

to reach $ 20,000 requires a process, countries that ban bitcoin are only a small part, in my opinion it won't affect the price too much, who plays the price of bitcoin is not a country but a big trader, there are more entrepreneurs who support bitcoin than those who reject it, I'm sure bitcoin can reach $ 20,000 but all that requires process.

[Ozero]

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?

We do not need to pay attention to the dozen secondary states with an authoritarian form of government where bitcoin and other cryptocurrencies are now prohibited. The main thing is that the whole civilized world is still normal about cryptocurrency. Everything has its time. Now it is necessary that a decentralized cryptocurrency occupy its niche in society as a means of payment and continue to develop. This year, a massive appearance of national stable coins of various states is expected, and this circumstance may change the existing ratio in the financial market.

[smartbitcoininvestor]

There are only a few million bitcoin wallets in existence. It doesn't matter which country they originate from so if we can increase the number of users of bitcoin then I think the price will go up.

[Polar91]

If the reason why government banned bitcoin is its volatility, the reason is quite not appropriate. Legal jurisdiction of the country shoukd be considered because we all know bitcoin is an investment platform, Meaning to say that volatility is quite normal.

I rather consider illegal usage of bitcoin to be more appropriate reason to ban bitcoin. Moving on, with the price reaching awesome heights, this could not be a good start for newbies but considerably profitable for those who have a huge hold of bitcoin.

[mk4]

Today, the price of bitcoin is going up and down.

You mean, pretty much how bitcoin has been since it's inception?

Many are saying that the price of Bitcoin cannot reach $ 20,000 now.

The last thing you want to do is to listen to those so called "analysts".

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?

Bitcoin's "price in it's true state" is it's current price, even if it's banned in some countries. In fact, these bitcoin-banned countries still has effects in bitcoin's price, because they're still going to be able to buy bitcoin anyway, just not on centralized exchanges, but mostly peer-to-peer in-person transactions and probably on decentralized exchanges like Bisq.

[amacar2]

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?

I think by closed you mean banned.

Only few countries has fully banned the use of bitcoin but there are bunch of countries that have banned the exchange of bitcoin with local fiat. If people cant buy bitcoin with their local currency its hard to increase adoption and the price of bitcoin.

Real adoption is coming which will boost the price beyond all time high 20,000. Only the real holder will win in bitcoin rally, dont get greedy and dont get into fomo. These are ultimate rule to get rich with any type of investment including bitcoin.

[sovie]

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?

When bitcoin reached its first ATH, it was not known to many and strict regulations came after that ATH was reached. Even with the ban bitcoin can go up and cross its ATH of 20,000$. If one is certain that bitoin will cross its ATH, then he must not waste time in buying the bitcoin at current time. We only jump in when price goes up and ignore bitcoin when its down.

[ufaiz50]

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?

What do you mean "reason" is the level of cryptocurrency fluctuation? I don't think that's the reason why bitcoin is 'locked' or 'banned'. As I know crypto is banned more because of their government's mistrust of cryptocurrency and identified many frauds that can occur. https://news.bitcoin.com/bangladesh-authorities-hunt-bitcoin-traders/

I personally think that the value of crypto can indeed be influenced by a number of things such as prohibition because this kind of automatic impact can make users think poorly of the cryptocurrency itself, because cryptocurrency is decentral so anesthetically many events can be fundamental to the value of cryptocurrency.

[Free1bitco.in]

fluctuation is not a reason to close bitcoin, but the number of people who turn to bitcoin is one of the reasons why there is a lot of disagreement with bitcoin. in the current price flashes, this has often happened every year, it's just that prices above $ 15k are really high prices for now. however, there is still some increase needed by bitcoin to reach the price of $ 20k, and the increase that is happening right now is a fairly normal increase and often happens every year.

[maydna]

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?

I believe bitcoin can reach $20,000, but it is not happening in the short term, but it will happen in the long term. We cannot expect that bitcoin can reach that price this month because no one will know when it will happen. All we can do now is try to have more bitcoin so we can be ready for the rise of bitcoin price. Although some countries ban bitcoin, I am sure that will not have a big impact on the price, and the price will increase if the time comes. That countries which ban bitcoin will realize that they make a wrong decision to ban bitcoin, soon or later, they will lift the ban, and they will allow their people to use bitcoin.

[BitcoinHunt3r]

At first i think "first price" means it's price when first entered market. But for $20000 i think it can be possibly happen, but maybe need time, especially if something that we're not expected happen like halving not make bitcoin price pumped. Will need it hyped with other things to make people start to buy bitcoin again.

[ultrloa]

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?

Bitcoin reached at $20000  level eventhough there are countries and big entities banned it from using at their countries and sites so there's no wonder that we can possibly reach unto that price if the market hype will continue to rise up these year, we have halving that most been awaited and I think it's enough for people to see that it's good development to come up with a good price reaction.

[$crypto$]

It could happen that bitcoin could reach $20,000 in the near future but I think there is no influence on some countries because it prohibits bitcoin in their own country because some countries have accepted bitcoin and that many have done that.
Bitcoin will keep going up but I don't know when it will reach the highest price like BSV which is sure bitcoin has started well this year.

[Johnyz]

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?

Bitcoin banned in some countries for some reason, it wont last and if they lift the banned then we might see the best price again but there’s no guaranteed on that. There are some countries who banned bitcoin while we are beyond $20k before and maybe we don’t need that country at all and still bitcoin can go up despite of that. Bitcoin should grow and that’s the best way to escape the bear market.

[bassbity]

Maybe there should be a lot more requests about new bitcoin can reach the price of $ 20000 but it takes time because reaching 20k is so high that the hype must really exist.
We will soon face halving and maybe next month bitcoin has reached 10k-15kusd so reaching 20k will be easily redeemed with a good pump.

[Reid]

I hope not.
I am not against those who want their ROI back after buying at ATH.
It is just that, it is also for securing bitcoin.

Jumping to higher number could mean a lot of questions from many financial services out there.
They will throw anything even if there is no facts to back it up. Just mere spreading bad news about bitcoin and it ain't good.
I think we have all seen that already.
The slow and steady state will still be the better one.
$12k should be enough. Just going back to where it had been last August.

[btc_angela]

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 are still more countries that regulate or accept bitcoin as payment system as compare to those who have banned it. As for the price reaching another all time high, only time can tell. But since bitcoin has become a speculative assets, people are still hoping that we can even surpass $20k with countries banning it. And for those countries, they're going to be left out in the closet, when this technology take centre stage in the next 5 years.