Post
Topic
Board Speculation
Re: Bitcoin will never reach 20,000 again
by
MMA
on 07/05/2018, 20:32:54 UTC
In the near term bitcoin can not reach the value 20k, but for the future bitcoin will get past the value of 20k. I do not think bitcoin will end, and therefore I believe that bitcoin will be able to reach a value of 20k.

"Near term" and "future" are pretty subjective imho.
Bitcoin was down to 6k and many were crying it'll fall to 3k.
Now it's 9k and every tiny good thing becomes a news. Bitcoin may get pumped faster than many would expect...

People forgot the old pumped days probably. They look very pesimistic and they lose their hope. This is the worst case scenario for bitcoin holders. We know how fast it can be pumped in the future.

Yeah it bitcoin can very well hit 20k again before we even know it. We're not saying it would but it definitely can. That's why its best that we don't expect any specific price for any certain time. It can go 25k or it can go 5k. Nothing is impossible with btc.
Yes we are also still hopeful that we will very soon see the bitcoin price trading above 20k. I think that those people who bought bitcoin above 19K still they are holding their bitcoin in hope that bitcoin price will once again reach to that level, they are even expecting that bitcoin price will cross their level and even will reach to 25000$ which will give them some profit.