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[microunit]

Analysts says that they don't believe bitcoin will go down at 6K$ dollar price after the halving but bitcoin having the price of 50K$ to 100K$ is certainly a possible feat in the future, some even predict that bitcoin will hit 20K$ before this year 2020 ends

 

[brent_abella]

My opinion towards it is still possible as Bitcoin is volatile and used by many people but it will take a long run to consider. If Bitcoin is legally adapted and mainly used by most countries then there is a possibility to happen.

 

[KarthikP]

$50000 is a very big amount to reach ,it may take years maybe. Now atleast we can hope it first crosses $10000 and lets wait what can happen after that.

 

[brent_abella]

$50000 is a very big amount to reach ,it may take years maybe. Now atleast we can hope it first crosses $10000 and lets wait what can happen after that.

Y'ah. $50k price prediction is very big but it is still possible in the long run but chances are low to happen/reach. Bitcoin's price now should reach or surpass the $10k resistance these past months and also the all-time resistance price which was $20k hit last December 2017.

 

[Concernednoneif]

It may be a possibility but unfortunately it is not so much of a probability because even after the halving the price surge we were expecting didn't came

 

[SCAMEXPOSER]

It all depends on how resourceful these analysts are , if they are close or have access to major Bitcoin investors they could be right in their predictions. Personally I believe it will right cos the volume is limited so a point will be when it be scarce.

 

[Balint098]

Analysts can be wrong, they are still humans. I think it's better to make your own judgement than to rely on these analyst's prediction since some of them are saying bad thing about crypto simply because they don't like them.

 

[SCAMEXPOSER]

Personally I don't get disturbed with bitcoin price cos I do withdraw my coins almost immediately I recieve it from any earning sites though I am a bit more concern now cos I want to start trading Crypto currencies soonest.

 

[microunit]

I dont think so that btc can go up 20k in the end of this year because corona still effect much on stock market...while btc now again going down and down...if it continued then your predicted won't be right about btc

well it hasn't even been a month since halving, and yes while I do agree that this pandemic is affecting the stock market on a big scale, I think it also has positive effects to crypto too as most people are now switching to earning online methods, in which there are lots of earning online methods involving crypto

 

[microunit]

My thoughts exactly. I don't get to checkout price and all that. The only time I check prices is when I'm trying to exchange to my local currency. Don't have much for trading.

well there are some people who wants to earn a bit more or profit more where example they don't exchange their bitcoin yet to their local currency when it hits 10k$ and instead exchange it when it hits 11k$ , it's kinda a small profit depending on the amount of bitcoin you have but still

 

[Ewogboka]

It is very much possible that price could rise to that $50k mark buti don't put my expectations to be too high on the price of bitcoin let work more on the available price and predict smaller range.

 

[microunit]

Well Yea. Bitcoin rise is steady although not at a very quick pace but surely, it will keep climbing. People are making consistent profiT off it.

Well because of its deflationary characteristics it is bound to rise in price the more people that uses it as time passes by. It's a slow and steady investment

 

[Tragic]

The price of $ 50k per bitcoin this year is BAD! This says that this is not currency, but shit, which is twisted as they want. This means that tomorrow they can set a price of $ 1. What is so good about it? Now the price is growing smoothly. This is an indicator of quality growth.

 

[Ewogboka]

The price will not just shoot to $50k like that force of demand and supply will push it , not even a single or 5 whales can push the price this high but when good number of people are holding the coin and their is high demand for it then the price will keep increasing

 

[Aligator28@]

Bitcoin is sure really breaking boundaries thus more people are beginning to adopt the cryptocurrency. So i believe the price will continue to rise but i dnt see any drastic fall in bitcoin price

 

[Ewogboka]

If the number of people accepting are not among the whales then the price may be controlled as wish but if few people hold large bitcoin any slight decision can affect the price of bitcoin.

 

[microunit]

If the number of people accepting are not among the whales then the price may be controlled as wish but if few people hold large bitcoin any slight decision can affect the price of bitcoin.

agree , having a lot of users holding a decent amount of bitcoin whereas reducing the total supply a whale will have will greatly reduced the capabilities of whales from affecting the price in a large scale

 

[Ewogboka]

Many people are Willing to buy bitcoin now because I can see the price on the rise since early part of the day till now. I wish not whales don't control the price

 

[microunit]

Yeah bizzare theories of bitcoin hitting a million pretty soon has been also circulating quite often. No body exactly knows what will happen future especially like in our age are completely unpredictable.

I think most of those who think over positively must be investors and are hoping to get major profit from bitcoin, some things are kinda predictable though to an extent

 

[AriefT]

Yes it can reach 50k in future. Bitcoin is a very good coin to hold for longterm just like gold.