Quote from: KenChanYu on August 13, 2018, 10:36:10 PM

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Quote from: ApocalypseNow on August 13, 2018, 06:43:21 AM

Quote from: blmpnetwork on May 11, 2018, 05:59:12 AM

We all have seen how bitcoin crossed $20,000 in December . When do you think this will happen again?

After 2-3 years so it could be on the December of 2021. Everything is on a bad shape and there is no new money coming in. The newcomers that have invested last December only see bitcoin like this "Buy bitcoin so others can cash out". I can't deny that what they are saying is true because we are still not utilizing it so it will have a bigger demand.

When proper implementation and adoption occurs, BTC will be too in demand, so having this opportunity to buy at low price must be in our choice, so if that time comes again that BTC will pump then we will be able to join at peak.

Choosing to buy at lower price was not a good idea for other traders, some thought that the market is bad when a certain crypto price was on downtrend. Better stay tuned for the future updates to happen and I am confident that in the next upcoming months this year we'll be having, much crucial situations to happen. It's a strong dedication if we're going to reach our goals for the price and looking to the reality $20k can be a potential peak value.

There's too much money tied up in it right now for it to jump up to $20k. The people who bought the highs are looking for any opportunity to cash out without a serious loss, so if it goes up there they'll start selling. This creates a bit of a burden on the market because it can't keep going up unless there's a really good reason to.

I see a lot of people saying that bitcoin will be 10k, 20k, 250k by the end of whatever year but there is absolutely no grounds for these predictions. Of course it is going to increase, it has to. But where in the hell are people getting these numbers from?