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CAPT.DEADPOOL
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November 24, 2020, 10:51:38 AM
 #21

The price of bitcoin has been raised so much think 2009 the price of bitcoin is $0 and now year 2020 a bitcoin is worth $18,857 so lucky those who trust and buy bitcoin when it was still very low and until now when the value of bitcoin rises and we do not know to what extent its value will increase.

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November 24, 2020, 11:01:08 AM
 #22

I do not know what target you are referring to OP but I understand that it is all about the ATH record. Beating the 2017 ATH record would be possible because the current market for bitcoin now draws near to beating it. It is just 1.2K$ I guess and that a new record will be written. My speculation for the bitcoin market would be 25K$ and that is ideal knowing that there are many people know bitcoin and had been also investing to it. There are also few that are new to bitcoin but had been trusting its future use and invested. There are also stock market traders that are now shifted to invest in bitcoin. It just make sense that it could grow in that price which is I think is 25K$.
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November 24, 2020, 12:08:40 PM
 #23

$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

I still have doubts about this, I don't think the price of bitcoin will reach $ 50k this year, my prediction is that bitcoin will only reach $ 20k. at this time there are factors that hinder economic development in a country, namely the covid-19 virus, the economy in a country has decreased due to this virus.
I just pray that by 2021 the price of bitcoin can reach $ 30k and I also pray that the Covid-19 virus will soon disappear and the economy throughout the country will be good again.

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November 24, 2020, 12:55:18 PM
 #24

Not yet. $50k for December of 2020 is too quick and unreal. It has to multiply by more than 2 times with the state of its price on $19,106 as of now.
The look back for the past prices of bitcoin looks amazing, isn't it? And if you will also start to look at the all time lows, it's very encouraging that we're holding it until now.

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November 24, 2020, 01:30:06 PM
 #25

We’re to close to end of this year and I don't think the price will touch $50k. The current price of bitcoin already crossed to $19k for a long time since 2018. In my opinion, if we see the market trend continues I think price possible to attained by next year. So lucky those who have bitcoin bags in their portfolio.
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November 24, 2020, 03:11:56 PM
 #26

The price of bitcoin has been raised so much think 2009 the price of bitcoin is $0 and now year 2020 a bitcoin is worth $18,857 so lucky those who trust and buy bitcoin when it was still very low and until now when the value of bitcoin rises and we do not know to what extent its value will increase.
What shocked me personally is: the price of Bitcoin jumped from $100 to $1000 within a space of months which is unbelievable while talk about other investments around the world. Those who bought Bitcoin at the very low price have the wealth distribution of Bitcoin, this technology marvel me most when i gaze at the current price of Bitcoin. After the all time high which is about to be overcome by Bitcoin, we will see something bigger than what we have seen in recent time.

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November 24, 2020, 03:13:22 PM
 #27

It is pretty amazing how we have seen Bitcoins rises up its price from the bottom going to the top from the price base it have when it was just starting and have been created way back the year 2009. It is pretty awesome that after more than 10 years that Bitcoin existed, it have brought up a lot of change not just on its price but as well as for the life if the Bitcoin users that have been into it despite of its ups and downs. Now, with regards to the expectation that Bitcoin's price will be able to reach $50,000 by the end of this year, we are still having about 5 weeks before this year ends and there are still lots of things that could happen with that span of time so basically it could be possible or not. Just do not expect too much to avoid getting disappointed of the outcome. Let us just wait and see if it can push through or not. Anyway, there are still lots of time for Bitcoin to keep growing. Just do not over push and over expect.

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November 24, 2020, 04:23:40 PM
 #28

Do not expect such a sharp increase in the price. Be prepared for the fact that bitcoin will need a little more time to do this.
The lowest price of Bitcoin in November was 5600 and the highest reached 11500. The lowest price of Bitcoin in December was 9500 and the highest reached 20000. Bitcoin prices had doubled in months of November & December.
 
Look at this year, the price of Bitcoin has increased at the rate of 5/7 in November. If it continues to grow in this way in December, it will not be impossible to reach 30,000.
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November 24, 2020, 07:48:42 PM
 #29

The lowest price of Bitcoin in November was 5600 and the highest reached 11500. The lowest price of Bitcoin in December was 9500 and the highest reached 20000. Bitcoin prices had doubled in months of November & December.
 
Look at this year, the price of Bitcoin has increased at the rate of 5/7 in November. If it continues to grow in this way in December, it will not be impossible to reach 30,000.
Based on the comparison it could reach 2x higher than we expected, no one knows the market conditions in December but we expect the best market conditions in history to emerge, if large-scale take profit conditions occur maybe it will be something bad next month.

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November 24, 2020, 08:06:48 PM
 #30

It is really amazing to see the bitcoin starting from nothing and growing as huge as we can't imagine right now. Way back before I remember that there is a meme in which they are not believing on what bitcoin id and they are saying that bitcoin will be eventually become scam, but look right now. The bitcoin exceed the expectations of the masses and a lot of people are believing on what bitcoins can do. Talking about if the price of bitcoin will reach around $50,000 before this year ends, who knows? Maybe it will or maybe not. We have long way to go before this year ends so let us all see what would be happen.



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Rainbot
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November 24, 2020, 08:20:32 PM
 #31

Looking at the historical valuation, it looks like a dream that we reached a valuation that no one would in their wildest imagination could comprehend when it all started and we just took a small period of time and to have over 9000% return in such a short period is just amazing. When i started using bitcoin my expectation was that the price would rally around the range of $3000 in the next 3 to 6 years but we now know that it exceeded everyone's expectation.
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November 24, 2020, 08:26:32 PM
 #32

We’re to close to end of this year and I don't think the price will touch $50k. The current price of bitcoin already crossed to $19k for a long time since 2018. In my opinion, if we see the market trend continues I think price possible to attained by next year. So lucky those who have bitcoin bags in their portfolio.

$50k is still not in the horizon, in my opinion. But in crypto, a lot happens unexpectedly. Either way, if you are a holder, you need to plan diligently. As long as you are in the positive side, you are winning. But really great to discover crypto, not regretting learning the ins and outs throughout the years. And everyday, we are still continuously learning in order to improve our knowledge in crypto and blockchain technology.
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November 24, 2020, 09:08:47 PM
 #33

I don't know if the price of Bitcoin will reach a higher peak like 50K before the end of the year.
I believe that the behavior of Bitcoin will now be more mature than in 2017. The circumstances are different, there is hope that Bitcoin will make a contribution to recover the economy. Like most I am also on the lookout for what may happen in the next few days.

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November 24, 2020, 09:22:29 PM
 #34

Wow, it's been a long ride through thick and tons, so many ups and downs in the market , but it looks like we are finally here, from 2009 till now bitcoin has turned so many doubters to believers and the amount of users keeps increasing massively, more people have began to see the real potentials of bitcoin  Grin, and from the looks of things it seems like we are going to see another ATH before the end of this year, it's $19k+ already, so in no time it might create a new ATH  Smiley.

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November 24, 2020, 09:24:40 PM
 #35

It was really awesome to see Bitcoin climb from 0 dollar to this high.  For this year, I think that the aim of 50k dollars doesn't seem very realistic. There is just one month left in this year and I think the maximum level Bitcoin can reach is 30k dollars for this year.

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Innocant
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November 24, 2020, 09:45:07 PM
 #36

We seen bitcoin of how they started since low of price on that year and until step by step to develop and become a popular in cryptocurrency. Until in the year of 2017 has most incredible improvement of bitcoin that we seen in a first time that grow rapidly so thats why many different coins also shown up because of that happen. And now bitcoin are still in the number one spot and non can replace on it but maybe in a future that would be have another coins can surpass bitcoin.
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November 24, 2020, 09:53:01 PM
 #37

not this year, but next year to see bitcoin highs, but for ATH it looks like before 2021 at the end of this year it might reach above $ 20k, you can go to this thread to see what will happen next, but I'm not a clairvoyant , it's just that history has the same pattern as before, look

I agree with piebeyb. I do not think that $50,000 is tangible for this year.

What is more of a realistic target instead is $20,000 by the end of this year or maybe just above it. However, if BTC manages to push through the 20K mark this year, then I think there's a good chance that the following year we could be speculating +50K.

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December 04, 2020, 07:23:18 PM
 #38

Based on the comparison it could reach 2x higher than we expected, no one knows the market conditions in December but we expect the best market conditions in history to emerge, if large-scale take profit conditions occur maybe it will be something bad next month.
The market is now fairly balanced. But observe the market from past history. It is seen that the market is strong in November and December. Bitcoin began to fall in January for no reason. So be prepared to accept that the market will be down next months.
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December 04, 2020, 07:35:22 PM
 #39

From a valueless token it has reached such a high level in around eleven years of time is really a big thing in the fast moving world. People keeps running for money, and the same has made people prioritise bitcoin knowing its potential. At the beginning more giveaways were organised. Now the scenario is different, people starve to make little bitcoin. Thats a good preperation of thread which makes people know the price at each year.

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December 04, 2020, 07:52:49 PM
 #40

seeing those old prices of btc gives me mixed feelings but im not involved on btc that early but i joined btc late  . joining late is i guess better than joining early and ignoring btc because that can give me heavy regrets but lets move on past is past .

 the btc value scheme per year arent always acending if you provide the full price history and i dont agree that we can get 50k by this year and 50k is also a big gap from the 20k that happened last 3 years ago but we might get a better value than 20k in this current year .
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