Will Bitcoin Get Its First Price?

[Yaunfitda]

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

Nah. There are also people saying that bitcoin won't reach $20,000, but they're all wrong because in 2017 we have almost reach that price. So don't believed those so called experts here.

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?

Don't you worry about countries that locked bitcoin. What you should be worry is how much you're going to profit once we reach another ATH in the next couple of years.

[sunsilk]

It was also said that bitcoin cannot reach $10,000 and other high prices so basically those opinions were basing to the current price but don't see the possible future price of bitcoin. What do you mean by locked? banned in several countries?

Despite of the banning of those countries for bitcoin, it wouldn't impact that much for now even they will lift up the ban. It's okay if there are countries that doesn't like bitcoin and also implemented a total ban for it. Whether they are with us or not, bitcoin will continue to the peak with its journey.

[Chrystora123]

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 it was first circulated the price of Bitcoin was under $ 1, and a few years later precisely in early 2018, Bitcoin reached the highest price of $ 19k.  every year there must be a big issue affecting the price of Bitcoin, but that won't be able to kill Bitcoin, those issues only affect the price of Bitcoin for a while..  countries which Banned Bitcoin only make the price of Bitcoin move down temporarily but not forever, so don't worry about the future of Bitcoin, the price of Bitcoin will continue to rise even more than $ 20k because Bitcoin is moving independently.

[Divinespark]

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.

 

I agree with you. Although the government banned bitcoin, people in Bangladesh still use it and trade every day, I have a lot of friends in Bangladesh and in their country bitcoin and cryptocurrency are very popular, most people in them know to bitcoin. Government can ban it but they can't stop it thoroughly, there are many different ways people can use and invest in this market.

[bassbity]

I agree with you. Although the government banned bitcoin, people in Bangladesh still use it and trade every day, I have a lot of friends in Bangladesh and in their country bitcoin and cryptocurrency are very popular, most people in them know to bitcoin. Government can ban it but they can't stop it thoroughly, there are many different ways people can use and invest in this market.

Bitcoin transactions are difficult to stop even though there is already a ban from the government, they can still take part in bitcoin investments, because trading with bitcoin does not have to go through the government like other banks so prevention from this government is ignored.
Over time the country will recognize bitcoin is the modern digital currency most used by many people in the world.

[kro55]

There will be more bans to come on bitcoin with the passage of time. With the popularity of bitcoin more strict regulations will be introduced by governments. It’s the community that is driving the price of bitcoin neither the governments nor central banks. Even with current ban Bitcoin is fluctuating between high and low, let’s see when it will cross it ATH.

[keyscore44]

Only countries that manipulate the supply of their money are afraid of Bitcoin. Because the Bitcoin supply cannot be manipulated. Printing money around the world is normal, so nobody wants Bitcoin. I think that difficulties will continue to appear, but technological development is unstopable. It's like someone wants to stop the internet. Just as the internet is blocked in China or Korea. Bitcoin will become common whether individual countries want it or not. It is like trying to stop the river with a stick.

[Rasa nanas]

I don't understand what you mean, what do you mean by locked bitcoin? bitcoin is prohibited if used as a means of payment, but is not prohibited if used as a digital asset. those are two different things 
no one knows the future of bitcoin, the opportunity to return to reach $ 20k is still wide open. even bitcoin can go beyond that 

[yulionoo]

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.

yes I agree with you countries that reject bitcoin will not affect the price of bitcoin. and if we see today more and more countries and companies are willing to accept bitcoin and also support blockchain technology. bitcoin users and investors are also growing. so I'm optimistic that bitcoin can reach the price of $ 20,000 we just need to wait and be patient. because it might take a time for bitcoin to reach $ 20,000.

[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.

 

I agree with you. Although the government banned bitcoin, people in Bangladesh still use it and trade every day, I have a lot of friends in Bangladesh and in their country bitcoin and cryptocurrency are very popular, most people in them know to bitcoin. Government can ban it but they can't stop it thoroughly, there are many different ways people can use and invest in this market.

Well, thanks for confirming. I have also read the same confirmation regarding the old issue of Bitcoin ban in China. That was the time when the issue was hot and then all of a sudden I read of someone who is really there at the heart of the implementation and he/she was saying that the use and trade of Bitcoin is still very much alive in there.

National borders at this point in time of our technological advancement have been made very porous by the internet. The online world has taken down hard walls that used to effectively isolate people from the rest of the world. Bitcoin is one of the technologies that allow people to act and transact as if the world is one single community. Such bans are not anymore effective.

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?

If we level the playing field, make the rules of the game fair, Bitcoin will definitely win. If we only let each and every citizen of the world freely decide and choose which currency they will use, I am 100% sure fiat will terribly lose.

[bitvalak]

Towards $ 20,000 is not because the country is closing access to bitcoin. Market behavior is not based on the will of the country concerned.
There are many investors who want to carry out buying and selling activities in the market to change the price situation.
Countries only impact on the issue of adoption, countries that prohibit bitcoin less than countries that allow. So it is not a serious problem.

[Wysi]

I don't think any other country apart from Bangladesh has banned bitcoin and taken such severe action lke Bangladesh government did and with the ban in just one country will not have any effect on bitcoin, If you look at the forum you will see Bangladeshis have prospered in this domain and many of them are managing campaigns in this forum. Yes at this particular time we cannot predict if bitcoin will reach the value of $20k or not but we are heading in the right direction.

[Ridwan Fauzi]

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.

yes I agree with you countries that reject bitcoin will not affect the price of bitcoin. and if we see today more and more countries and companies are willing to accept bitcoin and also support blockchain technology. bitcoin users and investors are also growing. so I'm optimistic that bitcoin can reach the price of $ 20,000 we just need to wait and be patient. because it might take a time for bitcoin to reach $ 20,000.

Where have you been mate? As far as I know bitcoin price will fall when there is some countries who try to ban bitcoin and bitcoin price will increase when there is some countriea who try to accept and implemented bitcoin as a legal transaction in their country.

That thing will push the people to decide buy or sell. And as you may know that bitcoin price is depend on supply and demand which mean if the people believe that bitcoin is being accepted by a country then they will free to use it and their worried will go away so they will buy bitcoin and otherwise. So, I'm sure that the regulation especially from the government will give a big affect for bitcoin price.

[shoreno]

what do you mean by first price ?  you mean first all time high / highest price for the first time   ? today  or these days rather , btc price is now doing well and mainly it only move  up therfor the hope for 20k this year is now on again  .  you mean being volatile is the reason why btc is locked up on other countries ?  no it isnt the reason   . but it is not also the reason on why bitcoin will be stagnant forever  . still btc price has a potential to move up even if limted countries only supports it  .

[Mihaylovic]

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 don't agree. Bitcoin is something that supports decentralization. If governments would support bitcoin, it would conflict with interest of all crypto ecosystem. Bitcoin will gain more power fighting against all centralized authorities.

[bitcampaign]

isn't that normal and good, unlike yesterday's BSV rose above the price above normal people's minds even looks abnormal, bitcoin prices go up and down it looks like it's the same as stocks or fiat currencies and gold also fluctuates so there's nothing different that's normal, the price of $ 20 k is not easy to achieve in the near future but at least it is in the process, at least out of $ 10k it is more than enough at the beginning of the year, speaking of any country that blocks bitcoin, they will not at all or be able to stop bitcoin, just let them block and we see in the end they will use technology and make crypto currencies for their own country, funny

[Visbay]

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

Nah. There are also people saying that bitcoin won't reach $20,000, but they're all wrong because in 2017 we have almost reach that price. So don't believed those so called experts here.

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?

Don't you worry about countries that locked bitcoin. What you should be worry is how much you're going to profit once we reach another ATH in the next couple of years.

You are the right price will again be high but it’s rising faster now so those countries who ban bitcoin will lose good technology like bitcoin. There is nothing bad with bitcoin itself but for people because all around the world so many countries are adopting it and it will remain no one forever. It falls for a temporary time period and then recovers so there is nothing bad if at someplace the price falls.

[Arkann]

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 don't agree. Bitcoin is something that supports decentralization. If governments would support bitcoin, it would conflict with interest of all crypto ecosystem. Bitcoin will gain more power fighting against all centralized authorities.

The fact is that the legalization of cryptocurrency does not mean complete control.  The most important thing is that states recognize cryptocurrency as a digital asset, a means of payment and a means of investment, and this in turn will not change the basic principles of a decentralized asset.

[vintages]

I am guessing 'banned' or 'restriction' is what you meant. Bitcoin price increase may happen if the ban placed on it is removed though it can still reach 20k even if this ban is still there.
If there is more awareness on countries who don't know what cryptocurrency and Bitcoin is, then that price can be met and even cross it.

[1Referee]

and this in turn will not change the basic principles of a decentralized asset.

It does not change the basic principles of its decentralization, but it will make new people a bit too confident in what legacy financial institutions offer as service. They will buy their coins through their bank, store their coins there, borrow, etc. It's very convenient, but also very sad to see happen because that goes against what Bitcoin stands for.

A lot of the people entering crypto do not even have their own wallet. All they know is buy/sell and send coins from one exchange to another and that's it. What has this to do with Bitcoin's decentralization? It will get much worse when actual banks are entering the space and outcompete the current crypto exchanges. It's done quite easily, especially if the bank closes the bank accounts of exchanges. Without bank accounts you can't onboard users.