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RE: How long will it take for Bitcoin to reach $20,000 again?

in #bitcoin7 years ago

Legit questions to ask at this point - obviously it's going to take some time. However, the important thing to not that while speculation fueled the price emulation to new heights and the correction, people cannot avoid the topic of Bitcoin in the news.

The governments are taking notice and communities are taking notice. That means that ultimately a larger number of folks are going to find the good information along the way. They'll be buying in and HODLing on the way.

I agree that upward momentum will return as other commenters have added here. There's just too much attention to think that people won't figure out how to evaluate the positive mechanisms not only on a monetary level but also for change in their community.