Will bitcoin reach 12k

Kosimazaki said:
You dont believe in that? Why?
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Don't ask why after your statement.

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kontentguy said:
i think institutional money will start coming in. i think the december/january crypto craze got all of their attention. last 3 months were due dilligence. and hopefully soon the hedge funds and real market movers will enter the crypto market, and jump into btc, eth, and xrp
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Having written possible, but unlikely, I'm editing my post to completely possible.

I wouldn't have thought that there are large funds out there which would want to take the risk. But if there are small funds, especially those that invest in both the cryptocurrencies and the businesses around them, larger funds might just jump in.
 
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It like asking, will gold KG reach 10000 trillion in 2 years, so I can invest a few millions in gold (just as example). Nobody can tell you 100% : The luckiest people get rich, then some of the smartest, If you are not smart and not lucky forget about it.
 
paja93 said:
There was too much hype last year and almost all of those who entered the market at arround 20k, when price started dropping, they all sold coins and result was this huge dip. So those newbies from the last year won't really be here with us this year. It will be much harder for btc to reach 20k again, but it will.
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Unless more nations start making crypto illegal. It rose to 20k because a lot of websites added it but then again those that had it did away with btc because it's worth fluctuated too much. So I believe it has a better chance to keep on dropping then growing.
 
It's May. Hasn't reached 12k. Sorry lad.

@Mods, is discussion over?
 
What's the point of a thread like this?
 
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KnowledgeAble said:
Unless more nations start making crypto illegal. It rose to 20k because a lot of websites added it but then again those that had it did away with btc because it's worth fluctuated too much. So I believe it has a better chance to keep on dropping then growing.
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Cryptocurrencies are future, it represent no threat currently to a global financial system at all, so there is no reason to ban it. It's like 400b$ now, nothing literally. And you can't really ban it, it's impossible to stop people from using it. Plus it will always exist, even if they "forbid it", you will always have options to trade it and earn. Even my friend and his team created their ERC20 token, about 6 months ago, no one can forbid them to use it. And it's just a new thing, one decade old, give it a time, crypto is just starting, and everyone who refuse now will in one point in time be forced to adopt. Bitcoin generally it's not a future, but he is a starter of revolution, so i believe he will stay here for some time.
 
I have secret inside info on Bitcoin. I can guarantee you that it will be below 3k in several months.
 
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