Topic: An anonymous Bitcoin price prediction - page 3. (Read 743 times)

Just fixing the image in OP. A prediction is still a prediction. We don't know whether it is true or not. Although I'm optimistic on bitcoin that it will go up but we don't know it's a 50/50 situation since it's just an speculation. I'm hoping for this kind of growth. But, I agree that we should accumulate bitcoin this time. Next time, it will just go boom just like what it did late December 2017.

Past performance can't guarantee future results.

Although that has chance, as always, to happen, Im not really into speculating the price based on past performance.

Remember that in crypto, even how professional the analysis is, it can be spoiled anytime so how much more on a prediction with such no applied technical analyzation and just purely based "instinct" and "beliefs".

Btwm consider moving this thread to Speculation section. It's way more fitted there.

You can ask people for a price prediction, but at the end of the day nobody knows or better saying nobody can predict what's happen with bitcoin in the next few weeks, months or years.

You can listen few different opinions or predictions but I don't wanna put in my head everything like that. If I'm saying that the price of bitcoin this year will go down maybe I'm lying and I will put you in a bad position in case if you wanna invest or if I'm saying that the btc price will go up again maybe I'm lying and you will invest now but later on you will lose money. Just be yourself, read news, follow daily or every few days all about btc.

Bitcoin has a very high fluctuating tendencies. Just earlier today, price got to $5217 and now at $5068.This is highly volatile. I also want to see the volatility on the bull side too.

If your picture is real then his/her prediction become true which was about April since he/she predicted on January. Not sure if picture has been edited. Who know bitcoin is on bull run or on bull trap. I don't think someone could predict exactly. Lot of people's are predicting different and some of them become true. Its generic predictions in my opinions. However, I would like hear positive about bitcoin since I am on of holder although small amount. Hope we will see a small bull very soon.

Predictions in the crypto ecosystem  are like scientific hypothesis which are basically based on the observations and suggestions of people to provide a tentative assumptions and possible outcomes. This simply means we can all predict the price of Bitcoin based on our research and assumptions based on the trends of the bitcoin market.  This does not mean people should believe that this predictions will definitely come to pass or will happen. It's just someone's assumptions....

I do not know what you are referring to when the image you posted on the forum has been displayed. Maybe the photo has been deleted or removed so I can't discuss it with you, you can review and update the picture.

People are free to give their prediction based on anything they use/know. This one use past bitcoin chart to predict, it looks like a mathematical prediction but in fact bitcoin is not following old chart imho. Bitcoin price always based on supply and demands. We should not take any predictions seriously, prediction is still prediction not a math where there is fixed result by using formula or based on probability.

Never is a really long time my friend. I believe that sometimes someone really hits the target and we didn't notice it since it's probably just luck.

But there's also one variable that you are not really taking into account. The halving over time, will make the intrinsic value of it increase precisely because of lack of offer and if the usage increases also they it will bring more demand. It's obvious what direction it will take, but what exact price it will have during some really specific years that is a completely different subject.

I guess that he only observe from the charts so he can make his predictions. But I would love to wait for that time to see how higher bitcoin price will reach in the next year. And I still following every bitcoin price movements and if that price is reached in the future, then I will be glad to collecting more bitcoin from now on. But personally, I believe that the bitcoin price will increase higher and I cannot imagine how much higher the price can be increasing.

I think market prices and crypto prices are also difficult to predict, I think now market prices have also risen in the near future at higher prices.

It is good to believe in predictions sometimes, because it keeps us alive during times when we feel so tired hearing the same thing about the bearish market trends. But technically speaking you don't have to gamble on chances that are uncertain. Investing is business and we don't find luck anywhere by using a crystal ball or some fortune cards to give hope. It is something that needs a careful analysis. If your aim is for fun well that might serve you well but if it is business then better forget whoever is predicting it because you don't need to.

bitcoins PRICE is up and down. unpredictable
there could be a massive speculative wave causing a new TEMPORARY glitch new ATH price again. and no one can predict that.

but.. the LOW.. well thats a different story.
when people finally reach their bottomline 'i refuse to sell for less' eventually in a downward market everyone reaches that point. and the bottomline LOW of a period is a good indicator of the real VALUE of bitcoin. the point where once all positive speculation and spin has been thrown out. the lowst price being willing to be exchanged is found.

this low is more usful then a high, because EVERYONE is affcted, involved in and can benefit from a low.. but only a small % are affected by highs.

so lets not think/speculate about possible highs. but the possibility of what a periods LOW would be(meaning the price would be at or above that)

in 2018 i done some math based on the price of acquiring bitcoin(mining and exchanges) where i used hashrate and asic cost for the mining element. and also bitcoin prices, exchange volume and also UTXO movements/age for the user exchange acquisition element

now to make things as very simple as a 5yo with a calculator can understand.
take the LOWEST hashrate in exa for a given period. the longer the period the more substantial the bottomline resistance will be.
and multiply the number by roughly 100 to get a ROUGH baseline of value.

EG
last few months of 2018 the hashrate low was 35exa.. bitcoin LOW was $3500
autumn 2018 the hashrate low was ~58exa.. bitcoin autumn LOW was $5800

the actual math is not 100x of hashrate. but a variable that changes depending on the variety of mining costs alterations over time(new batch prices, new gen specs)

but if going by a 5yo rough figure.
if the OP presumes $16k by november 2019. then he is also presuming hashrate to be 160exa by november 2019
if the OP presumes $87k by november 2020. then he is also presuming hashrate to be 870exa by november 2020

Bitcoin price is depends on bitcoin user it's not  acctul predicatable.Because bitcoin now depends on big investor now big big investor thinking for long time investment.Some people thinking for long term asset,So actually prediction is no possible.

How possible can anyone be able to predict the price of Bitcoin due to it nature? Bitcoin be volatile in it price and cryptocurrency in general, it will be impossible to have anonymous Bitcoin price prediction, even though there will be, it will not be exactly as it is predicted. We have seen many predictions and none was accurate base on the nature of Bitcoin(volatility).

Never will anyone be able to predict the price of bitcoin correctly. changes in the increase and decrease in the price of bitcoin are determined by all of us. when we increasingly support and increase the use of bitcoin then it will make the price of bitcoin increase and when we start leaving bitcoin it will make the price of bitcoin slowly decrease. so actually it all depends on the users who use bitcoin. increase the bitcoin transaction volume and then we will get a bright future.

It's good to look at other people's prediction and take it as a reference. However, do not fully rely from it because it is just pure speculation and no one holds the future. It's better to make your own research and prediction and of course be updated with the current news and events.

Yes, there is a possibility. But don't rely too much on it. The market is capricious. The price will rise and fall. It can clearly reach new ATH, but the time and value of it we cannot foresee.

Then such image can be easily Photoshoped so the numbers show an old prediction that matches the current reality.
The last number is 87,00 which is either badly placed comma, either a missing 0, so it can mean anything.

Even if it's for real and an old prediction luckily guessed the current status, don't rely it will do the same in the future.
(Of course, it would be nice to see it come to reality.)


PS. This kind of topics are more suitable to stay in the Speculation subforum.

this picture was shared to me by a friend and I would like everyone on this forum to have a look. This is someone’s prediction of the Bitcoin  probably with a golden eye or through future traveling to see the future. I have some dint of positivity for this but yet I am not bothered because I want the adoption to be more then we won’t need to be bothered about the price of Bitcoin.

Do your see any possibility of this playing out ? Give your opinions about this !