Quote from: Ararbermas on October 10, 2018, 02:05:10 AM

Quote from: naturerock on October 04, 2018, 01:37:11 AM

I've started to see the hype forming myself. I have a few friends that are starting to buy bitcoin while the price is still cheap, they are confident it will be back over 20k within a short time.

yes it will back to the ATH soon but in my view not on this year because short time is not enough time to reach that value again which is even 2 months isn't enough unless the growth rapidly increase to the ath . 'cause unfortunately nowadays market has no enough strength to constantly growing due to the current situation, which the main reason why market become stagnant until now. And IMO probably even 10k is impossible aswell until year end.

I would not be so affirmative on that and that depends on how soon you are referring to anyway. Yes, the chances are there, and we could peradventure get to see the market make a good move one way or the other towards the bullish side since the sentiment in the market right now seem a little bullish but there is no clear direction yet.

In the long run, new ATH is something we will get to see with more mass adoption and I would not doubt that at all, considering that we are pretty much low in percentage of adoption globally right now, but as we start seeing mainstream adoption and real life usage, the sky is the starting point.