Quote from: BitHodler on July 06, 2018, 11:12:52 PM

Quote from: bedulook on July 06, 2018, 09:46:09 PM

Are you joking, a price from 6500 usd to 50,000 in just 6 months left for the year to come an end. No ,I don't even think bitcoins at this stage can cross a price of even 20,000 on January 2019.

From $6500 to $52,000 is an increase of 700%.

We in 2017 went from $750 to $19,500 which is an increase of 2500%.

No one could have seen that coming, and that's the whole point of these massive bull runs. They are effective because no one expects them, and that stimulates people's emotions and directly make fomo insanely powerful.

I can agree that it is unlikely to happen again this soon, but this market is literally capable of anything with the right amount of hype, momentum and where high volumes of capital is being injected. We had all that last year.

Seeing the downfall of bitcoin from ATH to its price now, it seems that bitcoin will be having a hard time recovering so the rise of bitcoin to $50k within this year is just too good to be true but when you see the rise of price last year, you will be astounded as to how much the bitcoin is capable of rising. Once people see that its price is rising again, FOMO would come back and maybe we can reach a new all time high again. We might not believe that it will happen sooner but then who knows because after all bitcoin keeps us surprising.