Post
Topic
Board Speculation
Re: BTC to 5000$ soon
by
techgeek
on 15/06/2016, 20:31:50 UTC
Yeah $1500 is quiet possible to achieve at this halving or by the end of the year, but $5k is simply impossible to achieve in this year.


Where the hell do you noobs get "impossible" from? Have you not been around during the early bubbles? Bitcoin has broke many "impossible" barriers... $5k/BTC certainly not impossible by any means.

Really? Lets see when it reaches there, its  not impossible for sure but everyone doesn't have that patience to hold it that longer.

Take root of the nature of how exchanges work.

Ignore the bitcoin situation for example. If user A) submits $1,000 worth of buy orders - then it promotes people to hold. Which then translate people to sell less increasing rhe value - and any other misc contributing factors.

Any price is possible - on a temporary level which can promote also natural growth.