Very little chance for a new all-time high this year, imo.
No signs of large amounts of fresh fiat streaming in, enough to counter the selling pressure by miners and BTC payment providers (there is a constant trickle of new fiat of course, just not enough to create another price growth spurt), and even the launch of a Bitcoin ETF near the end of 2014 isn't a guarantee that we'll see greatly increased buying pressure immediately - the market conditions need to be right, otherwise the ETF will simply represent a fiat gate that isn't used at full capacity (like the ATMs, for example).
All of the above doesn't really worry me, though. I weened myself of the naive idea of a simple exponential trend extrapolation (whether it's a hand drawn line, or a regression based trendline), and consider predictions based on such naive trendlines mostly useless. Doesn't mean I don't believe in the potential of Bitcoin, just that I sneer at the idea future "bubbles" arrive with the regularity of a Swiss train service.
Topic: Bitcoin (BTC/USD) Price Prediction. $4000-$6500 by August/September 2014. - page 3. (Read 27695 times)
August 27, 2014, 07:52:10 AM
August 27, 2014, 07:52:05 AM
We'll see 1k this year granted.
I´d love to! But...
Who grants this? You?
Nothing is granted in Crypto...yet.
August 27, 2014, 07:31:42 AM
We'll see 1k this year granted.
August 27, 2014, 06:56:24 AM
It could easily happen before the end of the year. But I'm not holding my breath for this.
July and August are, notoriously, weak time periods, and market are thinly traded.
If volume raise, we will see a lot more action is a very short time frame. Because it will raise mainly in the buy side of the market.
The effect of the past halving is spent and a new stable level is reached.
But the effects of users and merchants adoption continue as continue the Fed. Reserve policy of QE (likenearly all Central banks in the world).
We could see a series of smaller spikes followed by a series of a lot smaller corrections than in the past, leading to a continuous "slow" growth. Slow could be a 10x/Year instead of a 100x/year.
July and August are, notoriously, weak time periods, and market are thinly traded.
If volume raise, we will see a lot more action is a very short time frame. Because it will raise mainly in the buy side of the market.
The effect of the past halving is spent and a new stable level is reached.
But the effects of users and merchants adoption continue as continue the Fed. Reserve policy of QE (like
We could see a series of smaller spikes followed by a series of a lot smaller corrections than in the past, leading to a continuous "slow" growth. Slow could be a 10x/Year instead of a 100x/year.
August 27, 2014, 04:47:13 AM
Why not get through $1000 first? There's still quite a bit of naysayers realists other people who think we can't even get past $1000 this year...
 ___________ | Bitcoin Will Pass $1000 By the End of this Year Options: Yes | No |
No. It could happen by May 2015, no sooner, that's very optimistic though. Or by November 2015 - this is more realistic.
August 27, 2014, 04:45:53 AM
Why not get through $1000 first? There's still quite a bit of naysayers realists other people who think we can't even get past $1000 this year...
| ___________ | Bitcoin Will Pass $1000 By the End of this Year Options: Yes | No |
There is no easy money in the world.
This is very true.
Bitcoin entered widespread investor awareness at the end of 2013, with the big price spike.
Now it is fairly widely known, with actors and the like saying they will invest in it, during 2014.
Therefore, it's too late for this to be a simple vehicle for a person with say, $20,000 to invest (c.40BTC) to become a millionaire.
Life is not that easy.
People turn 20k into 1000k when they spot something that very few other people have. BTC has already passed that stage.
The only way this sort of thing will happen is if something completely unexpected occurs, which forces the world to adopt BTC to a far greater extent than people think currently.
So we need to have a 'hyper-inflation' or similar scenario, to go to the moon, imo.
Please define 'few'
August 27, 2014, 04:38:20 AM
Why not get through $1000 first? There's still quite a bit of naysayers realists other people who think we can't even get past $1000 this year...
| ___________ | Bitcoin Will Pass $1000 By the End of this Year Options: Yes | No |
There is no easy money in the world.
This is very true.
Bitcoin entered widespread investor awareness at the end of 2013, with the big price spike.
Now it is fairly widely known, with actors and the like saying they will invest in it, during 2014.
Therefore, it's too late for this to be a simple vehicle for a person with say, $20,000 to invest (c.40BTC) to become a millionaire.
Life is not that easy.
People turn 20k into 1000k when they spot something that very few other people have. BTC has already passed that stage.
The only way this sort of thing will happen is if something completely unexpected occurs, which forces the world to adopt BTC to a far greater extent than people think currently.
So we need to have a 'hyper-inflation' or similar scenario, to go to the moon, imo.
August 27, 2014, 04:09:30 AM
The prediction wasn't right, september is too close to reach $4000.
Probably we won't see these prices until 2015, but nobody can know this for sure.
Probably we won't see these prices until 2015, but nobody can know this for sure.
August 27, 2014, 04:00:36 AM
Here is my Bitcoin price prediction on a drawn graph.
https://www.tradingview.com/v/aA0zaAFD/
I use a logarithmic scale.
There is a pattern of about 7.3 to 7.8 months between each bitcoin price spike top.
The bull run should begin any day now. The price should be moving up steadily in 2 weeks.
To be conservative, I would say the price of a single bitcoin will reach over $4,000 but per this graph it should actually reach $6,500. It's just hard to imagine!
$4,000 - $6,500 bitcoin by September 2014.
https://www.tradingview.com/v/aA0zaAFD/
I use a logarithmic scale.
There is a pattern of about 7.3 to 7.8 months between each bitcoin price spike top.
The bull run should begin any day now. The price should be moving up steadily in 2 weeks.
To be conservative, I would say the price of a single bitcoin will reach over $4,000 but per this graph it should actually reach $6,500. It's just hard to imagine!
$4,000 - $6,500 bitcoin by September 2014.
I would like to see this price range,really, but I think it won´t happen so soon as you predict...more years to come if this happen.
August is over we will see at end of next month.
Still about 35 days but hard to happen any time soon.
August 27, 2014, 03:28:54 AM
Here is my Bitcoin price prediction on a drawn graph.
https://www.tradingview.com/v/aA0zaAFD/
I use a logarithmic scale.
There is a pattern of about 7.3 to 7.8 months between each bitcoin price spike top.
The bull run should begin any day now. The price should be moving up steadily in 2 weeks.
To be conservative, I would say the price of a single bitcoin will reach over $4,000 but per this graph it should actually reach $6,500. It's just hard to imagine!
$4,000 - $6,500 bitcoin by September 2014.
https://www.tradingview.com/v/aA0zaAFD/
I use a logarithmic scale.
There is a pattern of about 7.3 to 7.8 months between each bitcoin price spike top.
The bull run should begin any day now. The price should be moving up steadily in 2 weeks.
To be conservative, I would say the price of a single bitcoin will reach over $4,000 but per this graph it should actually reach $6,500. It's just hard to imagine!
$4,000 - $6,500 bitcoin by September 2014.
I would like to see this price range,really, but I think it won´t happen so soon as you predict...more years to come if this happen.
July 23, 2014, 03:38:28 PM
I would love it for this to happen but I see this year as a repeat of 2012...let's blowoff some steam, consolidate, and 2015 will be the next rally.
Given how slow things have been lately, I could see it going this way. I think it mostly depends on when the next big investor opportunity occurs, whether it be an ETF launching or a large market opening up (Russia?).U think it will be in Russia?
Man i think more like on some country that we least expect.
Maybe some south american country or some other europe country, for price more likely end of year or first quarter of next.
I only see a country like Iceland getting away with it, I just hope they don't dump as it happened with AUR, but of course that was basically free money, and when in need people will want the quick benefits.
Totally blew my mind that Russia did a 120 degrees turn and is now watching bitcoin. I believe they realized the potential and don't want to be left out. They also like a good space program after all!
Iceland total population is 320,137 as of this writing. wouldn't make much difference.
If all out, international-involvement-type war breaks concerning the Ukraine situation, it would most likely affect bitcoin adoption/price, but Putin seems to be making some efforts to avoid escalation.
mostly I expect bitcoin to move sideways for some time, unless, India dives in big time. That doesn't seem to be happening yet, either.
July 23, 2014, 11:40:03 AM
I would love it for this to happen but I see this year as a repeat of 2012...let's blowoff some steam, consolidate, and 2015 will be the next rally.
Given how slow things have been lately, I could see it going this way. I think it mostly depends on when the next big investor opportunity occurs, whether it be an ETF launching or a large market opening up (Russia?).U think it will be in Russia?
Man i think more like on some country that we least expect.
Maybe some south american country or some other europe country, for price more likely end of year or first quarter of next.
July 23, 2014, 08:33:16 AM
I would love it for this to happen but I see this year as a repeat of 2012...let's blowoff some steam, consolidate, and 2015 will be the next rally.
Given how slow things have been lately, I could see it going this way. I think it mostly depends on when the next big investor opportunity occurs, whether it be an ETF launching or a large market opening up (Russia?).U think it will be in Russia?
Man i think more like on some country that we least expect.
Maybe some south american country or some other europe country, for price more likely end of year or first quarter of next.
I only see a country like Iceland getting away with it, I just hope they don't dump as it happened with AUR, but of course that was basically free money, and when in need people will want the quick benefits.
Totally blew my mind that Russia did a 120 degrees turn and is now watching bitcoin. I believe they realized the potential and don't want to be left out. They also like a good space program after all!
Russia was in the game from start but silently now they want to be involved big so that they can be major players, my opinion on this.
So Russia can be the new China, let's hope so. The same could be said for dozens of nations in which adoption isn't started.
The $4000-$6500 prediction will be true, but not in the near future.
July 23, 2014, 01:20:20 AM
I would love it for this to happen but I see this year as a repeat of 2012...let's blowoff some steam, consolidate, and 2015 will be the next rally.
Given how slow things have been lately, I could see it going this way. I think it mostly depends on when the next big investor opportunity occurs, whether it be an ETF launching or a large market opening up (Russia?).U think it will be in Russia?
Man i think more like on some country that we least expect.
Maybe some south american country or some other europe country, for price more likely end of year or first quarter of next.
I only see a country like Iceland getting away with it, I just hope they don't dump as it happened with AUR, but of course that was basically free money, and when in need people will want the quick benefits.
Totally blew my mind that Russia did a 120 degrees turn and is now watching bitcoin. I believe they realized the potential and don't want to be left out. They also like a good space program after all!
Russia was in the game from start but silently now they want to be involved big so that they can be major players, my opinion on this.
July 22, 2014, 05:44:22 PM
I would love it for this to happen but I see this year as a repeat of 2012...let's blowoff some steam, consolidate, and 2015 will be the next rally.
Given how slow things have been lately, I could see it going this way. I think it mostly depends on when the next big investor opportunity occurs, whether it be an ETF launching or a large market opening up (Russia?).U think it will be in Russia?
Man i think more like on some country that we least expect.
Maybe some south american country or some other europe country, for price more likely end of year or first quarter of next.
I only see a country like Iceland getting away with it, I just hope they don't dump as it happened with AUR, but of course that was basically free money, and when in need people will want the quick benefits.
Totally blew my mind that Russia did a 120 degrees turn and is now watching bitcoin. I believe they realized the potential and don't want to be left out. They also like a good space program after all!
July 22, 2014, 05:38:34 PM
I would love it for this to happen but I see this year as a repeat of 2012...let's blowoff some steam, consolidate, and 2015 will be the next rally.
Given how slow things have been lately, I could see it going this way. I think it mostly depends on when the next big investor opportunity occurs, whether it be an ETF launching or a large market opening up (Russia?).U think it will be in Russia?
Man i think more like on some country that we least expect.
Maybe some south american country or some other europe country, for price more likely end of year or first quarter of next.
I only see a country like Iceland getting away with it, I just hope they don't dump as it happened with AUR, but of course that was basically free money, and when in need people will want the quick benefits.
July 22, 2014, 02:40:57 PM
I would love it for this to happen but I see this year as a repeat of 2012...let's blowoff some steam, consolidate, and 2015 will be the next rally.
Given how slow things have been lately, I could see it going this way. I think it mostly depends on when the next big investor opportunity occurs, whether it be an ETF launching or a large market opening up (Russia?). July 22, 2014, 02:03:27 PM
I would love it for this to happen but I see this year as a repeat of 2012...let's blowoff some steam, consolidate, and 2015 will be the next rally.
Given how slow things have been lately, I could see it going this way. I think it mostly depends on when the next big investor opportunity occurs, whether it be an ETF launching or a large market opening up (Russia?).U think it will be in Russia?
Man i think more like on some country that we least expect.
Maybe some south american country or some other europe country, for price more likely end of year or first quarter of next.
July 22, 2014, 01:32:51 PM
I would love it for this to happen but I see this year as a repeat of 2012...let's blowoff some steam, consolidate, and 2015 will be the next rally.
Yup. I would like an entire year of relative calmness first.
Doubt we will see any calmness here, since there are allways both some real news, and like allways FUD.
I have a feeling we are manipulated by large scale traders, and the only time to realy "blowoff", will be when something major happens.
July 22, 2014, 11:41:28 AM
I would love it for this to happen but I see this year as a repeat of 2012...let's blowoff some steam, consolidate, and 2015 will be the next rally.
Given how slow things have been lately, I could see it going this way. I think it mostly depends on when the next big investor opportunity occurs, whether it be an ETF launching or a large market opening up (Russia?). Jump to: