Post
Topic
Board Speculation
Re: Bitcoin can hit 5000$ before november??
by
Burks
on 30/09/2017, 19:33:17 UTC
China wont make a firm decision until the PROC annual meeting in october is over. Also I highly doubt they permanently  ban them since they are not going to miss this boat. They are not dumb. They just wanna figure out a way to control them. Even with china out thats not going to stop cryptos and bitcoin.
China just  said they ban ico and bitcoin .But they can not do for permanently because China already earn many bitcoin for bitcoin mining and trading.I think they only stop or ban some ico who didnot get proper permission from them.
China does not say they ban Bitcoin, only the ICO market and the cryptocurrency exchanges in this country have banned.
But recently, I heard some rumors tell those exchanges have transfered to HongKong and continue activity.
That might be true, because exchanges and ICO holds a large volume of funds. So it looks like cheating the users who have trusted the project and invested into it. Based on the fact it's good to run in countries that support the exchanges functioning. Right now everything seems in a stable manner and so the recovery continues forward to reach $5000 at the earliest.
Yes there's a possibility that bitcoin price was reach the $5000, however I don't know when it happen. Maybe before or after November, hopefully that before Christmas come bitcoin value were increase their price. I was looking forward to the opportunity will be opened if it is happen, for now bitcoin value was continues raising up. I believe that this is a good announcement to us because I know that all of us was still holding our bitcoin.
Its is posible this october since bitcoins already drop and have been stable this september with the continuous bad news in the market i expect more until $6000 this december i hope this happens.
Hi bro,as you said thar value of bitoin might reaches $6K at the end of this year or in the beginning of 2018.Because the value of bitcoin keep rising from this september if this happens all the way through the valuewill defenitely reach $5000 very soon.Baning of bitcoin don't affect any growth in the price increase because many bitcoin tradingare happening in the china even if it was banned.Because they can only ban bitcoin but the individuals can trade bitcoin anwhere around the world,that goverment cant do anything with bitcoin trading.