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❕NEWS The odds of bitcoin surpassing $20k this year is quite low

AudraMiller

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According to a recent news article, it would appear that the chances that bitcoin will rise past the 20000 dollar mark, as we are all hoping for within the course of this year, is ot exceptionally high. In fact, articles have shown that these chances can be as low as 7%.

We all know that bitcoin has been doing very well recently and the price has been over 12k for and seems to be stabilizing actually, but what do you think of these chances? Some are happy with the 7% prediction saying that it is a relatively good possibility, but i personally think that such low stats is nowehere close to showing a large increase in the next few months.

Comment your thoughts below. Lets see what you guys think. Should we invest now and wait for this 20k mark?
 
I think so too, if bitcoin wanted to surpass 20k this year at this point of time it should already be at the price range of 15k - 18k USD so that it can slowly rise up till 20k$ , but who knows as things can be unpredictable
 
According to a recent news article, it would appear that the chances that bitcoin will rise past the 20000 dollar mark, as we are all hoping for within the course of this year, is ot exceptionally high. In fact, articles have shown that these chances can be as low as 7%.

We all know that bitcoin has been doing very well recently and the price has been over 12k for and seems to be stabilizing actually, but what do you think of these chances? Some are happy with the 7% prediction saying that it is a relatively good possibility, but i personally think that such low stats is nowehere close to showing a large increase in the next few months.

Comment your thoughts below. Lets see what you guys think. Should we invest now and wait for this 20k mark?
I will only say that Bitcoin reaching 20k price value is possible but wether it will happen this year is something I won't comment on . I will believe in the possibility if it clocks 15k by November
 
I don't even think bitcoin will reach 15k within this year, but possible.. 20k will surely happen but it's unpredictable.
 
I will say that I do not see bitcoin moving past 16k this year and it should remain in 14k-16k as per my calculation , though it is now about 13k 2 months let's wait now and see what happens
 
with the price bitcoin is at now, reaching 15k price mark is kinda possible, but the 20k price mark is kinda not really impossible considering the speed at which bitcoin grows and demands for it
 
I think so too, if bitcoin wanted to surpass 20k this year at this point of time it should already be at the price range of 15k - 18k USD so that it can slowly rise up till 20k$ , but who knows as things can be unpredictable
You are right, bitcoin price is less than 15$ so getting to the 20k$ mark isn't really feasible for now but nothing is ever certain. But this #20k$ for this 2 months isn't possible
 
You are right, bitcoin price is less than 15$ so getting to the 20k$ mark isn't really feasible for now but nothing is ever certain. But this #20k$ for this 2 months isn't possible
yeap, but if bitcoin will get an obnoxious amount of demand in less than 2 months like if some really big company invest on it and other people also flock to it I think 20k$ is feasible that way
 
According to a recent news article, it would appear that the chances that bitcoin will rise past the 20000 dollar mark, as we are all hoping for within the course of this year, is ot exceptionally high. In fact, articles have shown that these chances can be as low as 7%.

We all know that bitcoin has been doing very well recently and the price has been over 12k for and seems to be stabilizing actually, but what do you think of these chances? Some are happy with the 7% prediction saying that it is a relatively good possibility, but i personally think that such low stats is nowehere close to showing a large increase in the next few months.

Comment your thoughts below. Lets see what you guys think. Should we invest now and wait for this 20k mark?
Well, personally, I don't rule out this hypothesis.
I also understood that Paypal has agreed to deal with cryptocurrencies, since Bitcoin has grown in value in recent times.
 
Well, personally, I don't rule out this hypothesis.
I also understood that Paypal has agreed to deal with cryptocurrencies, since Bitcoin has grown in value in recent times.
years before paypal has already been dealing with bitcoin though , though the incompentency or lack of knowledge with cryptocurrency made paypal lose a bunch of money due to the exchange and volatility
 
According to a recent news article, it would appear that the chances that bitcoin will rise past the 20000 dollar mark, as we are all hoping for within the course of this year, is ot exceptionally high. In fact, articles have shown that these chances can be as low as 7%.

We all know that bitcoin has been doing very well recently and the price has been over 12k for and seems to be stabilizing actually, but what do you think of these chances? Some are happy with the 7% prediction saying that it is a relatively good possibility, but i personally think that such low stats is nowehere close to showing a large increase in the next few months.

Comment your thoughts below. Lets see what you guys think. Should we invest now and wait for this 20k mark?
I would say that the chances are quite low but not impossible. Just as we all know, these things can be unpredictable and we may be in for a surprise.
 
years before paypal has already been dealing with bitcoin though , though the incompentency or lack of knowledge with cryptocurrency made paypal lose a bunch of money due to the exchange and volatility
Well, and then, as I thought, this I can imagine before. However, in your opinion, could now PayPal somehow recover?
Thank you.
 
Well, and then, as I thought, this I can imagine before. However, in your opinion, could now PayPal somehow recover?
Thank you.
I think now that paypal as started operating and using bitcoin as payment model they could even get more userbase through that process ,and i want them to put a portal where people can withdraw through bitcoin
 
I think now that paypal as started operating and using bitcoin as payment model they could even get more userbase through that process ,and i want them to put a portal where people can withdraw through bitcoin
I think most bitcoin users will now use paypal more with this as they can somehow directly convert bitcoin to their respective preferred currency
 
I think now that paypal as started operating and using bitcoin as payment model they could even get more userbase through that process ,and i want them to put a portal where people can withdraw through bitcoin
I agree with you completely here. The introduction of crypto into paypal is a brilliant thing and will definitely increase their number of users in due time.
 
I agree with you completely here. The introduction of crypto into paypal is a brilliant thing and will definitely increase their number of users in due time.
Sure i just hope other big companies like Facebook , Google can also start using bitcoin as payment models. , it would really influence the price
 
Sure i just hope other big companies like Facebook , Google can also start using bitcoin as payment models. , it would really influence the price
I don't see Facebook joining the crypto side of things any time soon, especially with how against the whole idea they are. But i think that we may see something coming through from google in the years to come. Just a hunch.
 
I don't see Facebook joining the crypto side of things any time soon, especially with how against the whole idea they are. But i think that we may see something coming through from google in the years to come. Just a hunch.
Facebook created their own coin libra but it didn't work out but i suggest they look into using bitcoin as their payment model ,a lot of people will be ready to use it
 
Probably Facebook was in hurry to embark on Libra project may be if they had started with bitcoin they could have grown. Libra is yet to see the light of the day till now.
 
I think their plan was to use libra coin as payment methods and get more users, but things didn't work as planned , they never think of using bitcoin since they want to make more money
 

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