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Ridwan Fauzi
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September 11, 2020, 01:33:10 PM
 #41

Do you think that bitcoin will reach 50K by 2021? I find it similar to 2016 where we had ICO's, now we just had DeFi *scam*
A friend of mine told me that bitcoin will get low these upcoming months, what do you think? given the recent Bart pattern i see a lot of manipulation and it isn't a good sign really...
That actually will make bitcoin crash, ICO's event has given a bad thing for crypto currency sphere. There will be many people who leave just because they got scammed for an ICO. And now, DeFi system I don't thing it is a good or bad project since I don't know the impact from it, just a bad problem for ethereum blockchain.

Bitcoin price will increase if there are a lot of adoption, it will be different with bull run 2017 ago since at that time bitcoin hadn't been known by many people. But the situation is different right now, there are a lot of people who know bitcoin but they are reluctant to using it or deemed it as a stuff which has a value, there still many government as well who didn't like bitcoin and it will give a bad affect for the adoption.
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September 11, 2020, 02:13:23 PM
 #42

People all talk about how 2021 suppose to be better because of halving but we are not talking about how great we are right now anyway.

I think that is because people remember what happened in the last halving before this year. The price after halving can increase and touch the new ATH after they wait for a long time. It makes them think that this year, the price will rise higher after the halving moment, creating a new ATH.

It is normal if they think and hopes like that because we all waiting for almost more than 2 years to see the price increase. However, we need to wait for more and have more patience. And if the time comes, we will see how high the bitcoin price will increase.

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September 12, 2020, 07:10:38 AM
 #43

People all talk about how 2021 suppose to be better because of halving but we are not talking about how great we are right now anyway.

I think that is because people remember what happened in the last halving before this year. The price after halving can increase and touch the new ATH after they wait for a long time. It makes them think that this year, the price will rise higher after the halving moment, creating a new ATH.

It is normal if they think and hopes like that because we all waiting for almost more than 2 years to see the price increase. However, we need to wait for more and have more patience. And if the time comes, we will see how high the bitcoin price will increase.

Some of my friends think like that.

Eversince it dipped and did not make a new ATH every december, all they waited was the halving thinking that it will create a great price pump so they invested at every dumps. All I can say to them right now is that the price of Bitcoin is not that low compared in the past and with new resistances showing, all they can do is take advantage of the movements they can take advantage and make use of other cryptocurrencies around. As you said, all we can do now is wait since we all know it will just go back there after some time.
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September 12, 2020, 07:41:00 AM
 #44

in fact, no one knows about this. even now, I quite expect bitcoin price to hit $ 30k in mid-2021 due to the halving effect. however, it is difficult to speculate without seeing prices at the end of this year. however, if the end-of-year price reaches $ 15k, then it is possible that in 2021 it will be around $ 20k or $ 25k. it happens when there is only the same movement as the previous halving. well, I speculated like that because I saw the pattern in the previous halving, and have this opinion. however, we don't know if bitcoin price can go up to $ 50k or not. but to be honest, I find it quite difficult.

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September 12, 2020, 09:52:24 AM
 #45

Do you think that bitcoin will reach 50K by 2021?

I definitely don't think we will see bitcoin reaching $50,000 next year, and I don't understand where so much opitmism comes from to the point of thinking about $50,000 next year when we're not even $20,000. Look, it's September (there are 3 months to the end of 2020) and the price is at $10,000 and let's imagine (which is what I think will happen) that the price will end at $ 10,000 this year. To reach $ 50,000 next year, the price would have to increase by $3000 every month.

I find it similar to 2016 where we had ICO's, now we just had DeFi *scam*

someone always invents something, before the ICO was IEO, now DEFI, I wonder: which one is next?

A friend of mine told me that bitcoin will get low these upcoming months, what do you think? given the recent Bart pattern i see a lot of manipulation and it isn't a good sign really...

It is possible to have a small fall, but I doubt it will be serious

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September 12, 2020, 10:49:05 AM
 #46

Next year there will be a lot of people buying bitcoin because they believe miners will not have any coins to sell. Almost all predictions by huge people keep saying that BTC will surge in 2021. In my opinion, this is likely true based on historical data, timeline on BTC progress, and many fundamental related cases. However, Some miners already started to save up Bitcoin and they have been doing that for years. It is possible we will experience another bearish season in 2021.
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September 12, 2020, 11:51:46 AM
 #47

Bitcoin for the year 2021 is predicted to reach above the previous ath value. In simple the price of bitcoin keeps growing depending upon the demand. Ongoing year hasn't provided big growth with bitcoin and other stock market assets as expected. When the world market was dropping low due to the pandemic lockdown. The bitcoin market pumped high, and 2020 was marked a big year for cryptocurrency.

Based upon the prevailing market situation and from majority of the experts prediction bitcoin is believed to reach atleast $35000 by 2021.

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September 12, 2020, 02:54:45 PM
 #48

People all talk about how 2021 suppose to be better because of halving but we are not talking about how great we are right now anyway.

I think that is because people remember what happened in the last halving before this year. The price after halving can increase and touch the new ATH after they wait for a long time. It makes them think that this year, the price will rise higher after the halving moment, creating a new ATH.

It is normal if they think and hopes like that because we all waiting for almost more than 2 years to see the price increase. However, we need to wait for more and have more patience. And if the time comes, we will see how high the bitcoin price will increase.

Some of my friends think like that.

Eversince it dipped and did not make a new ATH every december, all they waited was the halving thinking that it will create a great price pump so they invested at every dumps. All I can say to them right now is that the price of Bitcoin is not that low compared in the past and with new resistances showing, all they can do is take advantage of the movements they can take advantage and make use of other cryptocurrencies around. As you said, all we can do now is wait since we all know it will just go back there after some time.

You are right. You can say that the pump for bitcoin price will come, no matter if that will happen every December or not, because bitcoin itself can not be predicted. All they can do now is hold their bitcoin, buy more bitcoin when the price is down, or buy and sell when the price is up and down. It is better to wait and try to make a profit because the price will increase so high, and we will back to make a big profit in the future.

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September 12, 2020, 05:19:05 PM
 #49

So much predictions for the year 2021 as others predicted price of bitcoin could reach or surpass the all time high happen before. Can we really give an accurate prediction? No one actually knows what price could attain by the year 2021. In my view, there's a possibility we may see bitcoin in a bull run stage but let's expect it may decline.

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lixer
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September 12, 2020, 05:44:00 PM
 #50

I always look to the bitcoin price in November and December to estimate how good bitcoin can do it the first months of the next year. For now, I think $15k is reasonable but if that price was reached by the end of the year then $20k shouldn't be hard to achieve in 2021 imo.
Well, I do believe that there is a huge difference between believing bitcoin can be $20k (which it wasn't for that long time actually) and believing it could be $100k. First of all the amount of money required is a lot different, we are talking about 5 times more money required and even $20k was too much that it went down right away, so how could we expect 5 times more than the money we barely got together in the first place?

Secondly we are talking about stock market levels of market cap, how could we say that price could reach to a point where crypto market equals nasdaq? That would be too much and I am afraid would be unrealistic. I am not saying any of this is impossible, it is totally possible but I also feel like just because it is possible doesn't mean it is probable.

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September 12, 2020, 06:49:57 PM
 #51

Do you think that bitcoin will reach 50K by 2021? I find it similar to 2016 where we had ICO's, now we just had DeFi *scam*
A friend of mine told me that bitcoin will get low these upcoming months, what do you think? given the recent Bart pattern i see a lot of manipulation and it isn't a good sign really...
Do you think bitcoin is near $50k? In my opinion it is still far way from $50K. For bitcoin, At least 5 years are needed to reach $50k. It can reach upto $18K at the end of 2021.

SquallLeonhart
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September 13, 2020, 05:49:20 PM
 #52

I am not sure if ATH is something we could achieve once again this quickly, it was a onetime thing and I believe it is going to be not like that ever again for a while. Not saying we are not going to be $20k again, we are probably going to be $20k again, but it will not be like that, it will probably slower.

We will probably stay around $15k levels for a month, we will probably reach to $18k and stay there for a while, things will not be that great for a long time and eventually we will go to $20k, in between these times it will go down here and there, it will look bad, but we will go back up and continue as well. So long story short, we are not going to relive 2017, it is not going to be "one day I woke up and it was over $20k" ever again, that was a rare thing.
crzy
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September 13, 2020, 10:23:37 PM
 #53

Do you think that bitcoin will reach 50K by 2021? I find it similar to 2016 where we had ICO's, now we just had DeFi *scam*
A friend of mine told me that bitcoin will get low these upcoming months, what do you think? given the recent Bart pattern i see a lot of manipulation and it isn't a good sign really...
There’s a lot of good prediction that can tell where bitcoin is heading, but most of them can’t guarantee good returns for us because its just a prediction. If the price goes beyond $15k this year then there’s a good chance for a more higher trends next year especially when most of the economy are recovering as well from the pandemic crisis.
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September 13, 2020, 10:41:42 PM
 #54

Do you think that bitcoin will reach 50K by 2021? I find it similar to 2016 where we had ICO's, now we just had DeFi *scam*
A friend of mine told me that bitcoin will get low these upcoming months, what do you think? given the recent Bart pattern i see a lot of manipulation and it isn't a good sign really...
There’s a lot of good prediction that can tell where bitcoin is heading, but most of them can’t guarantee good returns for us because its just a prediction. If the price goes beyond $15k this year then there’s a good chance for a more higher trends next year especially when most of the economy are recovering as well from the pandemic crisis.
Well, prediction will remains always as a prediction. Nothings who gave prediction has an accurate result.
Buit even if you don't have prediction, --I can sense that bitcoin will become beyond $59k. So while on the early stage, I suggest to people just accumulated what you can afford. Dont believed your friend, it perhaps spreading FUD news. Be optimistic of your own, and believed that there is a new ATH of bitcoin almost happen next.









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Mars,           
here we come!
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ElonCoin.org.
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happen or be a part of it"

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