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sort_cirkit (OP)
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November 23, 2020, 04:03:19 PM
Merited by 7788bitcoin (1)
 #1

$0.00 January 2009

$0.10 10th October 2010

$1.00 9th February 2011

$10.00 2nd June 2011

$100 3rd April 2013

$1,000 8th November 2013

$2,000 20th May 2017

$3,000 11th June 2017

$4,000 Aug 13, 2017

$5,000 1st September 2017

$10,000 28th November 2017

$15,000 7th December 2017

$20,000 17 December 2017

$50,000?HuhHuh

Will Bitcoin reach this target this year?

Source coinmarketcap
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November 23, 2020, 04:12:37 PM
 #2

It's just incredible how bitcoin did a huge bounce from $1 to $10 within 4 months and then the same from $100 to $1000. The fifty thousands this year (2021) seems too promising. If we reach 25-30k I would be happy. We should not be that optimistic and consider the possibility of dropping some thousands of dollars on its price. Although, I believe that 4 digits have passed their era.

Full your wallets! We all know how millionaires will look in a decade.

.
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November 23, 2020, 04:17:20 PM
 #3

First, this should be on the Speculation board.

IMO, $50K is quite impossible to reach that price.  We had 1 month and a few days left before this year will end but still, the price didn't hit the $20k, that just what happened in the year 2017.  If there's a new ATH and breaks the previous highest price of Bitcoin, there is possible it will reach that price if resistance will be rapidly increased.

Though the price is unpredictable, I believed that we will reach that target price without a specific date and it might next year.

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Noctis Connor
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November 23, 2020, 04:20:03 PM
 #4

I started known bitcoin in 2013 which the price is already good enough for me when im using Stellar Coin and still using bitcoin i couldn't imagine if i didn't known bitcoin maybe my life is so hard right now. Just imagine from the bottom and now in the top and number leading crypto currency i wonder if it will hit $20k USD again so i could sell them and open up a new business, If you are thinking about the price will hit that $50k usd maybe it will happen on 2027 or sooner or later expect the unexpected.
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November 23, 2020, 04:27:54 PM
 #5

Bitcoin is in a state of growth and rise I think in 2021 we will see the price of Bitcoin to $50,000.🤗😎😋😉
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November 23, 2020, 04:28:10 PM
 #6

This is amazing indeed, no other investment can make such move like Bitcoin did from inception till date. Sometimes whenever i thought about Bitcoin be a safe haven, these are the move i do see to explained to neighbors about this technology and reasons they should get involve into the system before it's too late. The rate at which this Bitcoin move from nothing to something should be recorded into history book for the next generation, in order to keep Bitcoin reputation safe. There is no doubt about the future potential of this coin, those who sell today will definitely regret tomorrow but what matters is profit taking as we journey along.  

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November 23, 2020, 04:32:21 PM
 #7

extraordinary isn't it? not felt since 2009 until now bitcoin has provided many benefits for us all.
I actually can't see the price development from year to year. because in my heart I feel sorry why in 2010 I didn't spend my money just to buy bitcoins.
Bitcoin has grown very rapidly this year, and will next year the price of bitcoin exceed this year? or vice versa?

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November 23, 2020, 04:48:05 PM
 #8

Bitcoin price is currently around 18k so its unlikely that it would reach even 20k by end of the year.50k target is too high when in 2017 it reached 20k after that price dropped like anything as people started selling.Bitcoin prices are very unpredictable but had a steady growth so who knows it might go up to 50k in next year.
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November 23, 2020, 04:50:24 PM
 #9

$20,000 17 December 2017

$50,000?HuhHuh

Will Bitcoin reach this target this year?

it's too far for Bitcoin to reach $50k this year, the highest point is $30k according to probability analysis, so we can expect the price between $22-$25k by the end of December.
6 days left in this month, if bitcoin be able to hit $20k, then the predictions may become reality. However, the rsi indicates bitcoin is still overbought, doesn't mean it can't reach $19k anytime soon and hit $20k within a week.
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November 23, 2020, 05:05:01 PM
 #10

I think we are in a for a big surge in price. There have been 4 years without any crazy movement and I'm sure, heck, all the big funds you see out there think that Bitcoin is not going to stop here. $50k is an easy target if you ask me, but I believe the adoption needs to raise a bit more (probably a couple of years will be enough) before breaking into the 100ks, but everything is possible.
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November 23, 2020, 05:52:51 PM
 #11

I think we are in a for a big surge in price. There have been 4 years without any crazy movement and I'm sure, heck, all the big funds you see out there think that Bitcoin is not going to stop here. $50k is an easy target if you ask me, but I believe the adoption needs to raise a bit more (probably a couple of years will be enough) before breaking into the 100ks, but everything is possible.

If we look at Bitcoin's history there has been huge pump and then dump once in every 3 to 4 years and the last such thing happened in 2017 so now considering current market situation and the rate at which Bitcoin has surged in last two months it's pretty clear that we are already in bullrun but it's bit difficult to predict the new ATH as it might wbe much more higher than our expectations, we should not miss this opportunity if ee have bitcoins in our wallet we need to HODL it for some more time and if we don't have one then it would be a huge risk to invest at this time even though we know Bitcoin will reach new ATH but again until whales are active unpredictable can happen as well. Hence we need to be prepared for both.

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November 23, 2020, 05:59:08 PM
 #12

Looking at 2017, there is a lot to understand. The price of Bitcoin here has only gone beyond $2,000 to $20,000. In 2018, the price of Bitcoin dropped from 18,000 to 3,000. And in 2019 it went from 3500 to 12000. This year starts with a minimum of 5,000. If it is like 2017, 50,000 can go but I don't think it will go that far. $25,000 could take a backseat again.
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November 23, 2020, 06:17:58 PM
 #13

It's just incredible how bitcoin did a huge bounce from $1 to $10 within 4 months and then the same from $100 to $1000. The fifty thousands this year (2021) seems too promising. If we reach 25-30k I would be happy. We should not be that optimistic and consider the possibility of dropping some thousands of dollars on its price. Although, I believe that 4 digits have passed their era.
50K is too optimistic price for bitcoin this year though it is always possible to go up there but I think the obstacle for that price is too difficult for these times still. Not to be pessimist but I can only $25k this year, that's the max price for me this year however it would be very good if it reaches $30k.

Full your wallets! We all know how millionaires will look in a decade.
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November 23, 2020, 06:48:06 PM
 #14

Bitcoin price is currently around 18k so its unlikely that it would reach even 20k by end of the year.50k target is too high when in 2017 it reached 20k after that price dropped like anything as people started selling.Bitcoin prices are very unpredictable but had a steady growth so who knows it might go up to 50k in next year.

There is still a long way to go to the end of the year and bullish still continues, please take another look at the BTC chart. Say November 01 when BTC was at $13,760 and currently at $18,300. Only 23 days to increase the value to about $4500. Need to increase $2k again by the end of the year I don't think it is impossible.

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November 23, 2020, 06:53:46 PM
 #15

$0.00 January 2009

$0.10 10th October 2010

$1.00 9th February 2011

$10.00 2nd June 2011

$100 3rd April 2013

$1,000 8th November 2013

$2,000 20th May 2017

$3,000 11th June 2017

$4,000 Aug 13, 2017

$5,000 1st September 2017

$10,000 28th November 2017

$15,000 7th December 2017

$20,000 17 December 2017

$50,000?HuhHuh

Will Bitcoin reach this target this year?

Source coinmarketcap

You made some work to give a detail analysis about bitcoin price.Good.After 2013, nearly 4 years later the price of bitcoun double and reach to 2000$.Till 2017, bitcoin and crypto currency was not known to all.Only few people aware about it and brought it. Many people became a millionaire, who brought at 2000$ and make a long hold till 2017.

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November 23, 2020, 07:11:36 PM
 #16


$50,000?HuhHuh

Will Bitcoin reach this target this year?

Source coinmarketcap
I'm sure the hopes of reaching $50k will definitely be there but we doubt it will be achieved by the end of this year, our goal of going beyond $20k is extraordinary and we are very proud this year-end market has been revived.
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November 23, 2020, 08:14:33 PM
 #17

It's obvious that price of bitcoin this year is very surprising compared to previous years when it happens to be related to 2018 and 2019 price, I understand that what is happening now concerning recent bitcoin price is equivalent to the price of btc in year 2017 according to op analysis via increments of rates of btc 2017 is the highest I have been noted, and the possibility for these year price to reach $20,000 is there.

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November 23, 2020, 08:51:10 PM
 #18

i wonder if it will hit $20k USD again so i could sell them and open up a new business,

I suggest to you maybe you can sell now the price is still okay for that. If you check 20,000 and 18,000 has little difference than hodling until drop start to affect price. If you sell now, your business can get you the profit and not to lose higher if the price fall.
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November 24, 2020, 01:04:15 AM
Last edit: November 24, 2020, 12:54:15 PM by luna mina
 #19

It's simply unbelievable how bitcoin did a gigantic skip from $10 to $3000 inside one year and afterward the equivalent from $100 to $1000. The fifty thousands this year (2021) appears to be excessively encouraging. In the event that we arrive at 25-30k I would be glad. We ought not be that idealistic and think about dropping around a huge number of dollars on its cost. Despite the fact that, I accept that 4 digits have passed their period.




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November 24, 2020, 05:42:05 AM
 #20

$50,000?HuhHuh

Will Bitcoin reach this target this year?

It is only a month to the end of this year. I doubt Bitcoin can get to the $50,000 mark. That may be possible in 2021 but this is not ignoring the fact that nothing is impossible when it comes to bitcoin. Price is mostly unpredictable. Whoever thought bitcoin can even go above $10,000 in 2020 after dragging below $4,000 for months.
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