Quote from: sheenaedago on October 25, 2018, 10:18:13 AM

Quote from: Barbarian on October 25, 2018, 01:16:14 AM

Quote from: blockbrew on October 08, 2018, 12:33:15 PM

Bitcoin soon after its introduction in 2008 became the only decentralized, transparent, fast and non-repudiable protocol. Bitcoin in no time underwent a significant growth by provoking a certain kind of hysteria in the investors and speculators to earn great profits. As the popularity of cryptocurrency rises, many countries like China started imposing strict restrictions in September, 2017 by calling it a fraudulent practice. Social media platforms like facebook, twitter and Google joined hands and banned all types of cryptocurrency ads. Since then, the value of bitcoin fell by large margins. As a result, many lost their confidence and interest in the market.

But by far, Bitcoin has lived in a space of unknown to the general public with less crypto-educated people. Once that changes, bitcoin will once again see the paradigm shift to find its stable place in the market.

The question of whether bitcoin will ever hit 20k again has turned around the minds of all sleepless investors who entered the market of cryptocurrency in 2017.

I believe that Bitcoin has a lot of potential in surpassing the past records if the concept of cryptocurrencies reaches its true potential and is adopted worldwide.

Let me know your thoughts? Do you think Cryptocurrency is past its heyday and no longer going to revisit or surpass its past glory days?

I have no doubts that bitcoin is going to recover and will surpass its previous ATH, but those thinking the recovery is around the corner are going to get disappointed since such a thing is almost impossible since the market is not ready to go through another bull run.

Exactly, beccuse the market still on rapid growing and it doesn't shown any sign to pump up. But I am certain that bitcoin will surpass and consistently grown and reach $20k, maybe in the near future because as of now we can not determine on market stability.

We know that is going to happen eventually, the issue is if people have the confidence and the patience to hold their coins despite the amount of time it may take to bitcoin to reach that price and unfortunately for many people in the forum they do not really have what it's necessary to hold their coins for so long.