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Topic: 1 BTC = $5,000 by end of the year! (Read 3404 times)

legendary
Activity: 1162
Merit: 1000
July 26, 2015, 06:09:05 PM
#49
1 BTC imo has more chance of reaching $50 by the end of the year than $5000.

These super moon threads are just as bad as the super gloom threads.

Saying that though I wish you luck with your $5k valuation for the end of the year.

In my opinion is more likely $50k until the end of year than 50 by the end of year, and I would not bet 1 cent for BTC reaching 50k this year, no matter the odds
legendary
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
July 26, 2015, 06:06:13 PM
#48
1 BTC imo has more chance of reaching $50 by the end of the year than $5000.

These super moon threads are just as bad as the super gloom threads.

Saying that though I wish you luck with your $5k valuation for the end of the year.
member
Activity: 66
Merit: 10
July 26, 2015, 05:24:15 PM
#47
that's why I don't sell.  just hold. you can sell off small amounts of your coins at certain levels. 10k, 50k, 100k, 250k.  but always hold majority of coins.  but it will take years. not expecting 5k anytime soon.

It's ok to sell micro parts sometimes to have some fun with your success, but never get addicted to it or you will lose the future rewards.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
July 26, 2015, 10:21:27 AM
#46
that's why I don't sell.  just hold. you can sell off small amounts of your coins at certain levels. 10k, 50k, 100k, 250k.  but always hold majority of coins.  but it will take years. not expecting 5k anytime soon.
sr. member
Activity: 310
Merit: 250
July 26, 2015, 06:53:18 AM
#45
There are a number of threads currently making astronomical price predictions. The shortest term thread claims Bitcoin will go to 1200-1300 by the end of this month. I flatly don't believe Bitcoin's price will reach that target before July 1st. I hope the other longer term prediction threads come true but I'm skeptical. Most of them are similar to this one, and claim Bitcoin will go to thousands of dollars before the end of the year.
hero member
Activity: 826
Merit: 1000
July 25, 2015, 10:03:17 AM
#44
Thanks for the heads up OP, if we go anywhere near $5000 by the end of the year then I will give you $500 for your little prediction.

If you quote this you know it is here for you to collect should we go over $4000.

However much I would obviously like that I don't see us going over $500 by the end of the year, let alone $5k.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
July 25, 2015, 10:01:12 AM
#43
Nah. The halving is too far away to drive the price over $2k before this year's end. I think that's the absolute roof for this year. I'm confident to say that we will not see $2000 dollar bitcoin (except for some fringe sales, maybe. But definitely not a reliable rise above $2k), not until sometime late 2016 or sometime 2017. $5000 isnt a realistic goal until 2018, I'm afraid.

i mostly think that whales are going to keep the price down to accumulate more then pump the price next year to have better profits.
sr. member
Activity: 252
Merit: 250
July 25, 2015, 10:00:47 AM
#42
If we went to 5k then I would make over $30,000 soooo I would be okay with that.
legendary
Activity: 980
Merit: 1000
July 25, 2015, 09:57:20 AM
#41
i hope that will really happen and if not in this year maybe in the next year or someday but for now reach to $500 is enough for me
hero member
Activity: 513
Merit: 511
July 24, 2015, 10:18:03 PM
#40
Nah. The halving is too far away to drive the price over $2k before this year's end. I think that's the absolute roof for this year. I'm confident to say that we will not see $2000 dollar bitcoin (except for some fringe sales, maybe. But definitely not a reliable rise above $2k), not until sometime late 2016 or sometime 2017. $5000 isnt a realistic goal until 2018, I'm afraid.
legendary
Activity: 868
Merit: 1006
July 24, 2015, 11:13:28 AM
#39
Just getting past the previous ATH by the end of the year would be difficult enough. I wager you will be waiting quite a while longer for $5,000.

ATH no prob, see:

Facts:

  • On weekly chart PSAR will start turning parabollic tomorrow. In bitcoin world this was allways sign for a new bubble.
  • On daily chart 50d MA crossed over 200d MA, and 200d MA is below spot price. Financial world describes such event as a golden cross (http://www.stockopedia.com/chart-signals/).
  • This week we will also see 100d MA crossing over 200d MA and it will stay below 50d MA. It is a perfect storm setup.

How long it will last? Noone knows, but for sure current ATH will be history soon. New ATH ahead.

Even if there is a bubble happening by then and we get past 5000 USD, will you sell? What guarantees that you are selling at the top? what guarantees that you will be able to buy back at a decent enough price? What happens if you aren't able to buy back and get left outside the market with your deprecating dollars?

Bubbles are cool, but they are a bitch if you end up screwing up. You never know if the price will get a small correction, or a huge one. Say we reach 5000, price goes back 4700. You think "oh, the correction hasn't even begun, we'll probably go back to at least near the last ATH". So your plan is to keep waiting for something near 1.3. But guess what, it doesn't happen, and unexpected whales and legit buyers keep pushing the price up, and the price starts going up again from 4700 to something unexpected such as 7000, and then it starts peaking there and having a big correction... see, there are tons of ways to lose money, but my biggest fear is being left behind outside the market, as a long term holder that's what scares me to sell, because you can't never be sure if you are perceiving an obvious bubble or you are selling at the tip of an huge iceberg.
hero member
Activity: 994
Merit: 500
July 24, 2015, 07:46:37 AM
#38
I will be really happy with 500$

Yeah good thinking , i like this price too.
It is the most reasonable price for me at least.
As the bitcoin price today was increased its $285+
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
July 24, 2015, 06:50:56 AM
#37
wow , this is far beyond speculation and now it is in the dream territory
legendary
Activity: 2114
Merit: 1015
July 24, 2015, 04:50:10 AM
#36
286 and rising, only 4714 left to go!
sr. member
Activity: 303
Merit: 250
July 24, 2015, 01:43:48 AM
#35
I think one '0' have to be omitted ...... 1 BTC = $500 by end of the year  Grin
legendary
Activity: 1946
Merit: 1007
July 23, 2015, 05:36:34 AM
#34
Ho Ho santa will giving a gift if your predict come true. Keep dreaming bro and dont wake up until bitcoin reach to $5000

atleast that will not be a 100 year sleep like the fairy tale Wink Might take a year or so, but it will happen.
legendary
Activity: 3248
Merit: 1070
July 23, 2015, 05:34:05 AM
#33
stop dreaming, guy

it can happen actually but it does not mean that there will be not a big crash after it, a spike can always happen, sustaining it as a stable price no so much
hero member
Activity: 714
Merit: 500
Me, myself and I
July 23, 2015, 05:17:31 AM
#32
Ho Ho santa will giving a gift if your predict come true. Keep dreaming bro and dont wake up until bitcoin reach to $5000
full member
Activity: 280
Merit: 100
July 23, 2015, 04:37:46 AM
#31
I will be really happy with 500$

yep. it's already a large win
legendary
Activity: 1610
Merit: 1008
July 23, 2015, 03:28:29 AM
#30
It will be a miracle if the price at the end of the year will be $ 350, the price in 5000 is not dostinet ever, it is only a dream.
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