Quote from: Nila soru on August 10, 2018, 10:42:28 AM

Quote from: websoftwareengineer on August 08, 2018, 12:04:52 PM

Quote from: korangtahes on August 08, 2018, 11:34:20 AM

it looks like we are getting farther away by $ 50k, the bear market lasts very long and frustrates many investors. this makes many investors sell the bitcoin they have.

Yes it was far from getting $50k dollars but there is always a chance for the price of bitcoisn to grow even more just like what happened last year when china banned ico's which makes the price to drop so hard but still bitcoins managed to reach $19k dollars before the year ends.

In fact it is depending on the bitcoin attitude, once bitcoin price will start increasing then it not too far, and very soon we can easily reach to that price, but if bad news will continue to effect the bitcoin price then I do not think that it will be possible to reach to that level in next 5 years.

This is too early to predict 50k US dollar value and first let us see the 25k or 30k achievement then we can predict easily for higher price predictions. If I say the truth, almost all the predictions are uncertain and we can not make the actual price prediction that is proved many times when we reach at the price that was predicted. However experts have some opinions those are acting towards price prediction higher than 30k US dollar in the next 5 months.