Bitcoin Can Gain 100% In 2020 - Halving Not Priced In, Says Fundstrat

supercanada1

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Quote from: tbterryboy on January 23, 2020, 11:20:29 AM

Lol, what if it doesn’t work out that way, their staff will be like ‘whaaaat?’ Grin

lmao... Anyway, I do hope that it works out and Bitcoin goes up by 100% that they have said and even more than that, I’m ready to grab my second profit from investing in cryptocurrency.

Yes, I did make profit from the last bull run and it wasn’t just small profit, but a big one. When I joined Bitcoin at first I wasn’t seeing as an investment asset, I saw it as a method of transaction because it was the only means that I could have used for my online job then, before I started noticing the fluctuating rate and the money in my wallet reducing and increasing sometimes. That’s when I realized it’s not just meant for transaction alone, maybe for now, and as time goes on it will become stable.

It is gaining stability with the period of time. I know it has a fluctuating nature and many people may have lost their money in this market due to dumps or downfall in the price. If you have noticed the past progress of Bitcoin, you cannot stop yourself from investing in it as it is going higher and higher. From that it can be assumed that this halving would also bring good increase in price of Bitcoin benefiting all users.

tbterryboy

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Lol, what if it doesn’t work out that way, their staff will be like ‘whaaaat?’ Grin

lmao... Anyway, I do hope that it works out and Bitcoin goes up by 100% that they have said and even more than that, I’m ready to grab my second profit from investing in cryptocurrency.

Yes, I did make profit from the last bull run and it wasn’t just small profit, but a big one. When I joined Bitcoin at first I wasn’t seeing as an investment asset, I saw it as a method of transaction because it was the only means that I could have used for my online job then, before I started noticing the fluctuating rate and the money in my wallet reducing and increasing sometimes. That’s when I realized it’s not just meant for transaction alone, maybe for now, and as time goes on it will become stable.

supercanada1

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Quote from: Webetcoins on January 22, 2020, 08:58:37 AM

Quote from: uray on January 21, 2020, 10:06:30 AM

Quote from: criza on January 21, 2020, 09:28:45 AM

People shouldn't always expect something in return from their investment but, realize the possibilities that might happen to your money good or bad. People investing should make sa back up plan when the events goes sideways so they won't be left hanging around when Bitcoin price falls.

What are you even talking about Roll Eyes

. People invest their money thinking it will have some benefit in the long run and no one will spend their hard earned money to stuck up at something that has no valuation. There is no morality in the idea of stacking your money anywhere and i bet even you will not do that. The market movement happens because huge investment coming into the market and they do not invest if there is no potential in it Tongue

.

why would someone invest if he will not get any benefit out of it. Getting benefit and earning more by investing little is the basic goal all investors share among each other. In investment people adopt strategies that reduce risk and increase the chances of benefit for them. I think he wanted to say this that people should be ready for every type of results their investment can offer them.

Do not set money as a goal for you because it will hide many realities from you and will stop you from taking sensible decisions. I am not disagreeing with the idea of earning or not getting something as a result of effort. I am just highlighting the fact that sometimes people in running behind the money lose a lot that they realize in after time. Always hope for the better and interesting results but make yourself ready for both profit and loss.

fullhdpixel

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So many people have made these kind of predictions, it maybe right. Even without anyone saying it or doing all these technical analysis, my mind already tells me that we should be hoping for an increase this year. I don’t know how big it’s going to be, whether it’s 100% more or less, all I know is that there will be increase.

I once saw an accurate prediction in 2018 on Twitter and it corresponds with what the CEO of Coinbase once said that the next bull run will be in 2020. Since then, I have only hoped for the increase to be in 2020, even when others were saying that it would be in 2018 and 2019.

iv4n

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Quote from: moviebuff777 on January 22, 2020, 01:38:40 PM

I agree based on the last halving, the price started to increase about 2 months prior to the halving. If that’s the case this time, then the halving impact will start in mid March.

Based on the last halving price will start to increase before halving, but next two months after the halving price will drop before it start to rise again. If we judge by the history, this pump and dump before the halving happened before every halving, simply too much hype rise the price and after halving we have a decline.
What will happen this year is hard to say, market conditions are different, many things has changed in the past 4 years. Will history repeat itself once more, or we will see some new moment's nobody can say. In less than 6 months we will know everything, so lets wait and see.

FLoving

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Quote from: Oasisman on January 20, 2020, 06:17:25 AM

Quote from: ecnalubma on January 15, 2020, 07:31:04 PM

I think this year could bring more positive outcome since many people are anticipating the event that could potentially trigger another parabolic rise.

I'm also thinking the same, since the Bitcoin halving hype has been in a lot of discussions in 2018. But, inevitably there are still some doubts that this year would be different from the last halving events, thus causing the price slow to rise. Some even predicted that the halving may cause a worse price decrease. Currently, It seems that the chances of Bitcoin to reach the 5 digit figure again is somehow big, judging how the market behaves these past few days.

But according to my observation the price of bitcoin is rising in the same way as it was increasing in the previous halving. The discussion about the price a the halving of 2016 was the same as it is nowadays. Even in 2016 some people were not sure that the price will rise up to higher value and many were saying that in 2016 halving the price will decrease but everything was very well so even in this time we can expect everything going very well.

moviebuff777

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I agree based on the last halving, the price started to increase about 2 months prior to the halving. If that’s the case this time, then the halving impact will start in mid March.

Webetcoins

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Quote from: uray on January 21, 2020, 10:06:30 AM

Quote from: criza on January 21, 2020, 09:28:45 AM

People shouldn't always expect something in return from their investment but, realize the possibilities that might happen to your money good or bad. People investing should make sa back up plan when the events goes sideways so they won't be left hanging around when Bitcoin price falls.

What are you even talking about Roll Eyes

. People invest their money thinking it will have some benefit in the long run and no one will spend their hard earned money to stuck up at something that has no valuation. There is no morality in the idea of stacking your money anywhere and i bet even you will not do that. The market movement happens because huge investment coming into the market and they do not invest if there is no potential in it Tongue

.

why would someone invest if he will not get any benefit out of it. Getting benefit and earning more by investing little is the basic goal all investors share among each other. In investment people adopt strategies that reduce risk and increase the chances of benefit for them. I think he wanted to say this that people should be ready for every type of results their investment can offer them.

TitanGEL

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Quote from: carlfebz2 on January 21, 2020, 12:58:10 PM

Quote from: Oceat on January 21, 2020, 11:56:35 AM

Quote from: bettercrypto on January 21, 2020, 08:33:05 AM

Quote from: Oceat on January 20, 2020, 12:21:51 PM

Quote from: Oasisman on January 20, 2020, 06:17:25 AM

Quote from: ecnalubma on January 15, 2020, 07:31:04 PM

I think this year could bring more positive outcome since many people are anticipating the event that could potentially trigger another parabolic rise.

I'm also thinking the same, since the Bitcoin halving hype has been in a lot of discussions in 2018. But, inevitably there are still some doubts that this year would be different from the last halving events, thus causing the price slow to rise. Some even predicted that the halving may cause a worse price decrease. Currently, It seems that the chances of Bitcoin to reach the 5 digit figure again is somehow big, judging how the market behaves these past few days.

Everyone is expecting a five digit figure this year just because there is a halving but I don't think the halving might be the reason for this sudden increase of price lately. Although Bitcoin did break the $9k resistance but it suddenly dump after it reached a certain point of price. I can't tell yet if Bitcoin could reach a 100% gain this year because it is still blurry and uncertain to say.

If we will figure out. Every bitcoin halving there were a history that bitcoin price moved up. The surge of bitcoin price during bitcoin halving is a sign that there are many participants when bitcoin division of supply comes in. This year will also be remarkable once bitcoin breaks it all time high. Wether it goes up or down, it is good to invest because bitcoin is currently on its average price.

So do you think this year will make a boost of the market because of the Bitcoin halving? I don't think so, there may be a price surge this year but it is not the indicator that we will having a bull market already. History shows that Bitcoin halving will take almost a year before the effect of halving start a bullish market slowly.

Nothing is certain when it comes to price to this very unpredictable market.Halving event does really have that common impression for market to go in bull run.
but it doesnt mean that it will constantly happen on each event and we might able to see different situation on that upcoming halving.Said by any fundstrat or market gurus
out there but one things for sure where prices cant really be dictated nor be precisely predicted.If it do gain then its good but if it do crash then its a good buying opportunity.

Halving can become a catalyst but we should not expect that there is forever bull run. I said "can" purposely because we are not yet sure that there will be a bull run if the halving became successful. The market is so volatile where the prices are unpredictable. There are now a lot of opinions about halving and it always making doubts for me. Even if there is a popular media or influential person posted about bitcoin, I do not easily believe to them because I do not rely on sentiments, I only rely my decisions on what is happening in the market.

Wexlike

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Quote from: ScamViruS on January 19, 2020, 12:34:40 PM

Quote from: Wexlike on January 19, 2020, 11:05:47 AM

Quote from: ScamViruS on January 19, 2020, 10:11:22 AM

No one knows for sure whether this will happen or not. However if that happens then it will be very difficult. Because when the media propagates everything positively, the market goes towards the negative. Because it is manipulation. In the case of market manipulation, media interference is huge. Media whale spreads news and creates fomo. In my opinion, market manipulation does not make any difference for long holders. If the price increases in 2020 or in 2021, both are good for me.

I stopped reading the media news. I now only look at Bitcoin Hold. I am a long term believer. Great changes do not last long.

A 100% gain is very reasonable in the halving year. It would still leave us below of the ATH, this way we have plenty of time and momentum in 2021 for the insane gains of the next ATH.

According to me. If you are an investor then you must have a target. That's what I want to get in this profit. So 100% come this year or next year, I'll sell if I reach my goal. Professional investors never set huge profit targets in the short run. So I'll wait for my goal.

One of many problems of newly investors are that they cut their successful runners very short and sell way to early. You have to ask yourself always "Why am I invested?" "Did we reach the highest adoption?" "What other investments are there, which could be more successful?"

I would like to diversify to the normal stock market for a long time already, but I just don't find anything we the same growth potential or interesting characteristics like Bitcoin. So there is no true "profit target" when I would sell. I guess my life expenses would rise a little with significantly higher Bitcoin prices.

This is however unrelated to my small trading stack, there I am trading rather aggressive for swings and sentiments.

carlfebz2

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Quote from: Oceat on January 21, 2020, 11:56:35 AM

Quote from: bettercrypto on January 21, 2020, 08:33:05 AM

Quote from: Oceat on January 20, 2020, 12:21:51 PM

Quote from: Oasisman on January 20, 2020, 06:17:25 AM

Quote from: ecnalubma on January 15, 2020, 07:31:04 PM

I think this year could bring more positive outcome since many people are anticipating the event that could potentially trigger another parabolic rise.

I'm also thinking the same, since the Bitcoin halving hype has been in a lot of discussions in 2018. But, inevitably there are still some doubts that this year would be different from the last halving events, thus causing the price slow to rise. Some even predicted that the halving may cause a worse price decrease. Currently, It seems that the chances of Bitcoin to reach the 5 digit figure again is somehow big, judging how the market behaves these past few days.

Everyone is expecting a five digit figure this year just because there is a halving but I don't think the halving might be the reason for this sudden increase of price lately. Although Bitcoin did break the $9k resistance but it suddenly dump after it reached a certain point of price. I can't tell yet if Bitcoin could reach a 100% gain this year because it is still blurry and uncertain to say.

If we will figure out. Every bitcoin halving there were a history that bitcoin price moved up. The surge of bitcoin price during bitcoin halving is a sign that there are many participants when bitcoin division of supply comes in. This year will also be remarkable once bitcoin breaks it all time high. Wether it goes up or down, it is good to invest because bitcoin is currently on its average price.

So do you think this year will make a boost of the market because of the Bitcoin halving? I don't think so, there may be a price surge this year but it is not the indicator that we will having a bull market already. History shows that Bitcoin halving will take almost a year before the effect of halving start a bullish market slowly.

Nothing is certain when it comes to price to this very unpredictable market.Halving event does really have that common impression for market to go in bull run.
but it doesnt mean that it will constantly happen on each event and we might able to see different situation on that upcoming halving.Said by any fundstrat or market gurus
out there but one things for sure where prices cant really be dictated nor be precisely predicted.If it do gain then its good but if it do crash then its a good buying opportunity.

Oceat

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Quote from: bettercrypto on January 21, 2020, 08:33:05 AM

Quote from: Oceat on January 20, 2020, 12:21:51 PM

Quote from: Oasisman on January 20, 2020, 06:17:25 AM

Quote from: ecnalubma on January 15, 2020, 07:31:04 PM

I think this year could bring more positive outcome since many people are anticipating the event that could potentially trigger another parabolic rise.

I'm also thinking the same, since the Bitcoin halving hype has been in a lot of discussions in 2018. But, inevitably there are still some doubts that this year would be different from the last halving events, thus causing the price slow to rise. Some even predicted that the halving may cause a worse price decrease. Currently, It seems that the chances of Bitcoin to reach the 5 digit figure again is somehow big, judging how the market behaves these past few days.

Everyone is expecting a five digit figure this year just because there is a halving but I don't think the halving might be the reason for this sudden increase of price lately. Although Bitcoin did break the $9k resistance but it suddenly dump after it reached a certain point of price. I can't tell yet if Bitcoin could reach a 100% gain this year because it is still blurry and uncertain to say.

If we will figure out. Every bitcoin halving there were a history that bitcoin price moved up. The surge of bitcoin price during bitcoin halving is a sign that there are many participants when bitcoin division of supply comes in. This year will also be remarkable once bitcoin breaks it all time high. Wether it goes up or down, it is good to invest because bitcoin is currently on its average price.

So do you think this year will make a boost of the market because of the Bitcoin halving? I don't think so, there may be a price surge this year but it is not the indicator that we will having a bull market already. History shows that Bitcoin halving will take almost a year before the effect of halving start a bullish market slowly.

uray

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Quote from: criza on January 21, 2020, 09:28:45 AM

People shouldn't always expect something in return from their investment but, realize the possibilities that might happen to your money good or bad. People investing should make sa back up plan when the events goes sideways so they won't be left hanging around when Bitcoin price falls.

What are you even talking about Roll Eyes

. People invest their money thinking it will have some benefit in the long run and no one will spend their hard earned money to stuck up at something that has no valuation. There is no morality in the idea of stacking your money anywhere and i bet even you will not do that. The market movement happens because huge investment coming into the market and they do not invest if there is no potential in it Tongue

.

criza

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Quote from: sovie on January 15, 2020, 04:42:07 AM

Don't get too excited because of current bull run, we have whole year ahead of us. Its Iran USA tension which stimulated current bull run and even tension is over, the bull run is still ON. Bitcoin is known for giving huge returns only to those who can buy at right time and HODL. Dont expect good from bitcoin if you start buying now.

People shouldn't always expect something in return from their investment but, realize the possibilities that might happen to your money good or bad. People investing should make sa back up plan when the events goes sideways so they won't be left hanging around when Bitcoin price falls.

bettercrypto

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Quote from: Oceat on January 20, 2020, 12:21:51 PM

Quote from: Oasisman on January 20, 2020, 06:17:25 AM

Quote from: ecnalubma on January 15, 2020, 07:31:04 PM

I think this year could bring more positive outcome since many people are anticipating the event that could potentially trigger another parabolic rise.

I'm also thinking the same, since the Bitcoin halving hype has been in a lot of discussions in 2018. But, inevitably there are still some doubts that this year would be different from the last halving events, thus causing the price slow to rise. Some even predicted that the halving may cause a worse price decrease. Currently, It seems that the chances of Bitcoin to reach the 5 digit figure again is somehow big, judging how the market behaves these past few days.

Everyone is expecting a five digit figure this year just because there is a halving but I don't think the halving might be the reason for this sudden increase of price lately. Although Bitcoin did break the $9k resistance but it suddenly dump after it reached a certain point of price. I can't tell yet if Bitcoin could reach a 100% gain this year because it is still blurry and uncertain to say.

If we will figure out. Every bitcoin halving there were a history that bitcoin price moved up. The surge of bitcoin price during bitcoin halving is a sign that there are many participants when bitcoin division of supply comes in. This year will also be remarkable once bitcoin breaks it all time high. Wether it goes up or down, it is good to invest because bitcoin is currently on its average price.

SaShiRaJaVu

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Quote from: Hydrogen on January 15, 2020, 07:43:07 PM

In 2019 there was a big call for tesla shorts. Accompanied by an overwhelming volume of news attacking Elon Musk and tesla. I couldn't open my social media timeline without seeing a news article attacking Musk/Tesla over something.
If there are rules banning fake news from influencing market trends. I would be curious to know what they are.

Restricting anything will not be a good idea, if you want to restrict these news then you need to censor stuffs online and if that happens then you will be restricted to even criticize legit cases as it will be removed in the form of attack, so is there a fair line in that regarding, possibly not but we need to understand the FUD news and hopefully just go to through legit media than listening to social media news which are mostly click baits.

Latviand

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Quote from: Vishnu.Reang on January 15, 2020, 11:26:04 AM

Quote from: moviebuff777 on January 15, 2020, 09:44:13 AM

A 100% return on investment seems like a conservative estimate to me considering Bitcoin has reached $20,000 in 2017 and $14,000 last year and started this year around $7500.

That means it would get to just $15,000. I think more like $25,000.

While taking your "conservative estimate", you are accounting for 2017 and 2019, while ignoring 2018 and the two years which preceded 2017. You need to remember about 2018, because during that year the prices went down from $15,000 to $3,000. How can you be sure that such a bearish trend will not occur this year? Also, what about 2014-16, when the prices dipped by 85%?

The changes from situation to situation of the past, simply proves stability is absent in this market industry. Things could change at the present but it does not make it certain the the change at this moment would be positive. Things might go the opposite of our expectations. Just accept the fact that the market is naturally volatile and predictions and assumptions will just result to hasty decisions.

magneto

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Halving is definitely not priced in. That's a no brainer.

100%+ in 2020 is also very possible given the fact that the year started out at around $8k and a 100% increase would not even mean breaching the last all time high. It would take some serious bullish trends to do so but it's certainly not impossible.

Fundstrat is finally making some somewhat believable predictions Roll Eyes

karanggatak

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Quote from: EdvinZ on January 21, 2020, 02:38:32 AM

If the price of Bitcoin rose during the previous halvings, then why not increase during this halving. The assumptions are quite logical and I do not see any difficulties for Bitcoin to grow by 100% during this large-scale event. It is possible that this growth has already begun.

yes I also agree with you 100% increase is not a difficult thing to achieve bitcoin is still logical. I am also one of those who are optimistic that the price of bitcoin will increase after halving. if the price of bitcoin in May is $ 10k then if this prediction is correct then by the end of this year it is likely that bitcoin will reach $ 20k.

EdvinZ

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If the price of Bitcoin rose during the previous halvings, then why not increase during this halving. The assumptions are quite logical and I do not see any difficulties for Bitcoin to grow by 100% during this large-scale event. It is possible that this growth has already begun.

iamMhew

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Quote from: NathanJB on January 19, 2020, 11:20:01 PM

Quote from: iamMhew on January 19, 2020, 11:03:15 PM

In the end these whales will have their own huge share of gains once the btc price spikes and on the other side of the trade which compose mostly of smaller btc holders will just left behind with heavy losses. Unless, you have a knack of knowing these whales moves you will be rewarded.

Not necessarily. You don't have to know when these whales will move. Everything is right there in front of you. All you have to see is the chart and the prices. If there is a pump and you have bought your coin when the prices are cheaper, then you can sell. If you are seeing a dump and you have available money then buy. It does not mean that because you are not a whale and you cannot manipulate the prices you will not profit from it.

Otherwise, use these strategy. LOL.

Oceat

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Quote from: Oasisman on January 20, 2020, 06:17:25 AM

Quote from: ecnalubma on January 15, 2020, 07:31:04 PM

I think this year could bring more positive outcome since many people are anticipating the event that could potentially trigger another parabolic rise.

I'm also thinking the same, since the Bitcoin halving hype has been in a lot of discussions in 2018. But, inevitably there are still some doubts that this year would be different from the last halving events, thus causing the price slow to rise. Some even predicted that the halving may cause a worse price decrease. Currently, It seems that the chances of Bitcoin to reach the 5 digit figure again is somehow big, judging how the market behaves these past few days.

Everyone is expecting a five digit figure this year just because there is a halving but I don't think the halving might be the reason for this sudden increase of price lately. Although Bitcoin did break the $9k resistance but it suddenly dump after it reached a certain point of price. I can't tell yet if Bitcoin could reach a 100% gain this year because it is still blurry and uncertain to say.

Wexlike

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Quote from: bitbunnny on January 19, 2020, 11:36:31 AM

Quote from: Wexlike on January 19, 2020, 11:05:47 AM

Quote from: ScamViruS on January 19, 2020, 10:11:22 AM

No one knows for sure whether this will happen or not. However if that happens then it will be very difficult. Because when the media propagates everything positively, the market goes towards the negative. Because it is manipulation. In the case of market manipulation, media interference is huge. Media whale spreads news and creates fomo. In my opinion, market manipulation does not make any difference for long holders. If the price increases in 2020 or in 2021, both are good for me.

I stopped reading the media news. I now only look at Bitcoin Hold. I am a long term believer. Great changes do not last long.

A 100% gain is very reasonable in the halving year. It would still leave us below of the ATH, this way we have plenty of time and momentum in 2021 for the insane gains of the next ATH.

A 100% gain is reasonable? I don't think so. It's possible but it's not something that is so easily ahievable. Halving might bring the price rise but only on short breath and not so huge. Also, don't forget there is a possibility for price dump too, halving doesn't necessary briing only positive price trends.

We witnessed already so many 100% gains in the last bull runs. It is very reasonable to expect more of these gains, IF we are in the next bull run. Just look how easily we went x3 in the pump last year, while breaking every resistance like it was a wall out of paper. So guys, don't sell to early when the real next bull starts. You're going to bite your own ass when you're left behind while the train continues.

And until now, halving brought always positive price trends after it happened. So it is wise to assume that history will repeat itself again.

Oasisman

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Quote from: ecnalubma on January 15, 2020, 07:31:04 PM

I think this year could bring more positive outcome since many people are anticipating the event that could potentially trigger another parabolic rise.

I'm also thinking the same, since the Bitcoin halving hype has been in a lot of discussions in 2018. But, inevitably there are still some doubts that this year would be different from the last halving events, thus causing the price slow to rise. Some even predicted that the halving may cause a worse price decrease. Currently, It seems that the chances of Bitcoin to reach the 5 digit figure again is somehow big, judging how the market behaves these past few days.

NathanJB

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Quote from: iamMhew on January 19, 2020, 11:03:15 PM

In the end these whales will have their own huge share of gains once the btc price spikes and on the other side of the trade which compose mostly of smaller btc holders will just left behind with heavy losses. Unless, you have a knack of knowing these whales moves you will be rewarded.

Not necessarily. You don't have to know when these whales will move. Everything is right there in front of you. All you have to see is the chart and the prices. If there is a pump and you have bought your coin when the prices are cheaper, then you can sell. If you are seeing a dump and you have available money then buy. It does not mean that because you are not a whale and you cannot manipulate the prices you will not profit from it.

iamMhew

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In the end these whales will have their own huge share of gains once the btc price spikes and on the other side of the trade which compose mostly of smaller btc holders will just left behind with heavy losses. Unless, you have a knack of knowing these whales moves you will be rewarded.

mamahdedeh

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Quote from: bluebit25 on January 19, 2020, 01:10:59 PM

Quote from: josephsonand on January 19, 2020, 02:01:18 AM

Quote from: sovie on January 15, 2020, 04:42:07 AM

Don't get too excited because of current bull run, we have whole year ahead of us. Its Iran USA tension which stimulated current bull run and even tension is over, the bull run is still ON. Bitcoin is known for giving huge returns only to those who can buy at right time and HODL. Dont expect good from bitcoin if you start buying now.

But it’s better to buy now than buy later. Personally, I still buy bitcoin every month.

I totally agree with you, we should buy before it's too late in the future. In the future the price may drop compared to the present but it will certainly recover and continue to go up, this market grows constantly after each year so if we invest earlier in this market then we have the advantage. And also I personally buy bitcoins every month, I spend all my free money from my main job to buy bitcoins and hold

with inflation continuing to rise in fiat currencies, it will provide an opportunity for bitcoin to take over the role of fiat, although it still takes a long time. therefore investing in bitcoin will benefit when there is more adoption

DevilSlayer

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Quote from: squatz1 on January 19, 2020, 12:21:47 PM

Oh isn't that crazy, a guy who owns a lot of Bitcoin thinks that the price of bitcoin is going to go up? Oh, also his clients own a lot of bitcoin so it makes the most sense for them to want this coin to keep moving up.

This is like asking someone who owns a lot of a particular stock, if they think their stock is going to go up. Obviously they're going to say yes, that's what they own it. They can try to back it up with whatever kind of bullshit they want, but it doesn't do anything.

All of this can go up down or sideways, we don't know what way it's going to go and if someone did know the future they'd be all in at this point (or waiting for the time to strike)

As halving approaching, predictions are keep increasing. It is expected that they will say bitcoin will go up because they have positions. I keep ignoring people who keep saying that price will bw doubled after halving, for me it is just a mere opinions and I should not trust it. For those who keep believing to opinions of others are prone to losses.

bluebit25

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Quote from: josephsonand on January 19, 2020, 02:01:18 AM

Quote from: sovie on January 15, 2020, 04:42:07 AM

Don't get too excited because of current bull run, we have whole year ahead of us. Its Iran USA tension which stimulated current bull run and even tension is over, the bull run is still ON. Bitcoin is known for giving huge returns only to those who can buy at right time and HODL. Dont expect good from bitcoin if you start buying now.

But it’s better to buy now than buy later. Personally, I still buy bitcoin every month.

I totally agree with you, we should buy before it's too late in the future. In the future the price may drop compared to the present but it will certainly recover and continue to go up, this market grows constantly after each year so if we invest earlier in this market then we have the advantage. And also I personally buy bitcoins every month, I spend all my free money from my main job to buy bitcoins and hold

ScamViruS

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Quote from: Wexlike on January 19, 2020, 11:05:47 AM

Quote from: ScamViruS on January 19, 2020, 10:11:22 AM

No one knows for sure whether this will happen or not. However if that happens then it will be very difficult. Because when the media propagates everything positively, the market goes towards the negative. Because it is manipulation. In the case of market manipulation, media interference is huge. Media whale spreads news and creates fomo. In my opinion, market manipulation does not make any difference for long holders. If the price increases in 2020 or in 2021, both are good for me.

I stopped reading the media news. I now only look at Bitcoin Hold. I am a long term believer. Great changes do not last long.

A 100% gain is very reasonable in the halving year. It would still leave us below of the ATH, this way we have plenty of time and momentum in 2021 for the insane gains of the next ATH.

According to me. If you are an investor then you must have a target. That's what I want to get in this profit. So 100% come this year or next year, I'll sell if I reach my goal. Professional investors never set huge profit targets in the short run. So I'll wait for my goal.

btccashacc

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If we check the previous halving, the price was skyrocket after a couple of months when the halving took place, this might happen in this halving. too. People right now are starting to collect bitcoin as much as they can and it's lead to the price goes up. We might see the price hit the 16K USD after the halving but I'm not sure it can hit the new ATH, at least something big happens so that it can touch the amount.

squatz1

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Oh isn't that crazy, a guy who owns a lot of Bitcoin thinks that the price of bitcoin is going to go up? Oh, also his clients own a lot of bitcoin so it makes the most sense for them to want this coin to keep moving up.

This is like asking someone who owns a lot of a particular stock, if they think their stock is going to go up. Obviously they're going to say yes, that's what they own it. They can try to back it up with whatever kind of bullshit they want, but it doesn't do anything.

All of this can go up down or sideways, we don't know what way it's going to go and if someone did know the future they'd be all in at this point (or waiting for the time to strike)

killerfrost

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Until now, bitcoin has increased by nearly 40% compared to December 2019. So the goal of a 100% price increase in 2020 is workable, I also believe that in 2020 bitcoin price can go up and have could reach $ 12,000 or even more if halving had more impact on new investors. And in the long term, the price of BTC will always be higher than the present after every halving, buying Bitcoin whenever we can and investing them for the future.

xvids

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Anything is possible we have seen it happen before I am sure that it could happen again,
But let's not expect too much to avoid disappointment.
Many things could happen before 2020 we are still at the 1st quarter of the year so chill out.

hatshepsut93

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Quote from: Hydrogen on January 15, 2020, 12:08:35 AM

The motive behind suspect crypto news published in 2019 remains undetermined.

It is possible wealthy institutional investors had their media contacts publish news to depress the price of bitcoin. To create a lower buy in point. With the end goal of maximizing profits from bitcoin's 2020 halving.

Now whale media contacts may be publishing bullish news on bitcoin to maximize profits in the opposite direction.

News articles published by the media are by far one of the most underrated sources of market manipulation.

There's a simpler explanation - the journalists did their job - reported new events, and the community panicked because the market was already showing weakness. In reality we have news that can be interpreted as bullish or bearish all the time, but people choose to ignore the opposite news and pay closer attention to those that are aligned with the market. No need to come up with conspiraces when there's a simple explanation, especially since this conspiracy is so theoretical - no names are voiced, no evidence is presented, only an idea how it could have occurred.

tippytoes

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Quote from: bitbunnny on January 19, 2020, 11:36:31 AM

Quote from: Wexlike on January 19, 2020, 11:05:47 AM

Quote from: ScamViruS on January 19, 2020, 10:11:22 AM

No one knows for sure whether this will happen or not. However if that happens then it will be very difficult. Because when the media propagates everything positively, the market goes towards the negative. Because it is manipulation. In the case of market manipulation, media interference is huge. Media whale spreads news and creates fomo. In my opinion, market manipulation does not make any difference for long holders. If the price increases in 2020 or in 2021, both are good for me.

I stopped reading the media news. I now only look at Bitcoin Hold. I am a long term believer. Great changes do not last long.

A 100% gain is very reasonable in the halving year. It would still leave us below of the ATH, this way we have plenty of time and momentum in 2021 for the insane gains of the next ATH.

A 100% gain is reasonable? I don't think so. It's possible but it's not something that is so easily ahievable. Halving might bring the price rise but only on short breath and not so huge. Also, don't forget there is a possibility for price dump too, halving doesn't necessary briing only positive price trends.

They can predict what they want but we need to be realistic in things. They can call them experts but if you are a true investor, you will decide on what you seem is right. It is your money and not them. People can say one thing but when it comes to actual trading, you should follow your own instincts.

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Quote from: Wexlike on January 19, 2020, 11:05:47 AM

Quote from: ScamViruS on January 19, 2020, 10:11:22 AM

No one knows for sure whether this will happen or not. However if that happens then it will be very difficult. Because when the media propagates everything positively, the market goes towards the negative. Because it is manipulation. In the case of market manipulation, media interference is huge. Media whale spreads news and creates fomo. In my opinion, market manipulation does not make any difference for long holders. If the price increases in 2020 or in 2021, both are good for me.

I stopped reading the media news. I now only look at Bitcoin Hold. I am a long term believer. Great changes do not last long.

A 100% gain is very reasonable in the halving year. It would still leave us below of the ATH, this way we have plenty of time and momentum in 2021 for the insane gains of the next ATH.

A 100% gain is reasonable? I don't think so. It's possible but it's not something that is so easily ahievable. Halving might bring the price rise but only on short breath and not so huge. Also, don't forget there is a possibility for price dump too, halving doesn't necessary briing only positive price trends.

Wexlike

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Quote from: ScamViruS on January 19, 2020, 10:11:22 AM

No one knows for sure whether this will happen or not. However if that happens then it will be very difficult. Because when the media propagates everything positively, the market goes towards the negative. Because it is manipulation. In the case of market manipulation, media interference is huge. Media whale spreads news and creates fomo. In my opinion, market manipulation does not make any difference for long holders. If the price increases in 2020 or in 2021, both are good for me.

I stopped reading the media news. I now only look at Bitcoin Hold. I am a long term believer. Great changes do not last long.

A 100% gain is very reasonable in the halving year. It would still leave us below of the ATH, this way we have plenty of time and momentum in 2021 for the insane gains of the next ATH.

ScamViruS

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No one knows for sure whether this will happen or not. However if that happens then it will be very difficult. Because when the media propagates everything positively, the market goes towards the negative. Because it is manipulation. In the case of market manipulation, media interference is huge. Media whale spreads news and creates fomo. In my opinion, market manipulation does not make any difference for long holders. If the price increases in 2020 or in 2021, both are good for me.

I stopped reading the media news. I now only look at Bitcoin Hold. I am a long term believer. Great changes do not last long.

bitgolden

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These are two different topics that is being discussed here. Bitcoin "could" become 100% higher in 2020 and bitcoins price doesn't have halving priced in are totally different topics. Normally, I wouldn't disagree with bitcoin going 100%, that is always possible, not just now but in the history of bitcoin at any time now, 5 years ago, 5 years later, we can have a 100% at any time all depending on public opinion of price and if there is a hype or bull run going on.

However, this doesn't justify that halving is not priced in, maybe it is not but we can never know if it is or it is not, which means there is absolutely no way to figure that out.

In order to find out if it was priced in or not we have to see if there will be increase up until halving and even after, if there is one that means it wasn't priced in, if there isn't one that means it was priced in, we will not learn about it until after the fact.

kapalmabur

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if the increase is only 100% this year, it will only be at the price of $ 19,000? it does not show that Bitcoin is heading for ATH, all are speculating that Bitcoin will be heading for ATH this season

blckhawk

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Media does have a large impact on whale manipulation. Due to their huge funds, they could easily pay a media site to cover a bullish news and catalyze the process of FOMO, pumping the price to their liking and then dumps it, leaving small investors in great losses.

Also, looking at the article, claims of 100% gains could be possible, but is still highly unlikely to happen. If talking about the bubble in expected halving, then it might easily achieve that on having $18k.

chip1994

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This is entirely possible. In the previous halving phases, bitcoin increased by thousands of percent. Now the price of bitcoin has gone up but it must have some effect, or we can expect that the price of bitcoin will continue to rise to $ 20k and break the old peak of 2017. I It is actually quite certain that bitcoin will be able to increase sharply, the demand for bitcoin holdings will increase and demand will certainly increase in the coming days. Now is not the time for strong growth, this Q2 will be a very good time for the market to grow like 2019.

josephsonand

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Quote from: sovie on January 15, 2020, 04:42:07 AM

Don't get too excited because of current bull run, we have whole year ahead of us. Its Iran USA tension which stimulated current bull run and even tension is over, the bull run is still ON. Bitcoin is known for giving huge returns only to those who can buy at right time and HODL. Dont expect good from bitcoin if you start buying now.

But it’s better to buy now than buy later. Personally, I still buy bitcoin every month.

HabBear

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Quote from: Hydrogen on January 15, 2020, 12:08:35 AM

Quote

In its forthcoming 2020 Crypto Outlook, market research firm Fundstrat Global Advisors said it believed that the halving was not yet “priced into” the Bitcoin price.

Wow, you quoted the entire article...that's all there was! I'd expect a bit more explanation for such a prediction, but for Fundstrat it's par for the course. They're usually big on opinion and light on sharing their fact-based analysis.

Ok, my question for you all: WHY does the Fundstrat crew believe that the halving was not yet priced into the current price of Bitcoin? HOW could they determine if this event that's guaranteed to happen hasn't been considered in how the global investor population has made their buying or selling decisions?

Karmakid

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This is possible because of the hype created by the holders and old cryptocurrency users. We knew that the hype can easily drive the price crazy so a lot of people are taking advantage to buy bitcoin while it is still under $10k. A lot of people are doubting bitcoin because they are calling it as a bubble again because of the recent price spike but this time, the market is more mature so it will not dump fast again. People nowadays know the best thing to do and that is to trust the process and just hodl.

TastyChillySauce00

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Year 2020 is still a long way to go but depending too much on halving and expect it to give us miracle is wrong. People always say halving make the price go this direction and trying to make overly optimistic statement about how halving could miraculously double the price of bitcoin although that's in my favour I just don't really sure. people free to believe his statement but I'd prefer to not overly optimistic but instead being realistic about how the price could possibly become.

worle1bm

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Quote from: Webetcoins on January 18, 2020, 04:00:11 AM

Quote from: worle1bm on January 17, 2020, 12:19:13 PM

~unquoted text~

It is rising because of its strength and widely acceptance. It will surely rise high in this year also. I have placed great hopes with crypto market this year also. As it didn’t disappointed us in past we will not be disappointed in future also. Beside that loses are also part of business it makes you more expert of your trade. We will get more positive reviews this year also.

Can you tell me single major factor beneficial for Bitcoin's price that happened this year? Nope, right. Then why Bitcoin has risen more than 25% this year? Acceptance don't increase without any reason. There has to be some reason which can spark the price rise and then price successively increased thereafter due to ripple effect. So believe it or not, if none other solid reason is involved then the main reason of current rise is market manipulation which has been eventually supported by genuine traders.

maye5104

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It's very difficult and reminds a conspiracy theory. It is more realistic to believe that the effect of upcoming halving has started showing in and hence we are seeing a surge in bitcoin price.

Webetcoins

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Quote from: worle1bm on January 17, 2020, 12:19:13 PM

Quote from: The Sceptical Chymist on January 16, 2020, 05:26:24 AM

Quote from: Hydrogen on January 15, 2020, 12:08:35 AM

The motive behind suspect crypto news published in 2019 remains undetermined.

It is possible wealthy institutional investors had their media contacts publish news to depress the price of bitcoin.

I don't regularly read crypto news, but my impression has been that their standard of journalism is extremely low, i.e., that they don't just report facts but might have biases toward or against certain coins and rely on rumors and/or sketchy sources for news. I'm not really sure there's anything external like a bunch of whales or anything like that, but it's certainly possible.

I remember watching a video on YouTube which outlined all famous responses from big celebrities like CEO of JP Morgan as well as articles published by famous new media sites and how all these were linked with the fall of Bitcoin prices in 2018. It may sound like a big accusation but I strongly believe that fall in the value of Bitcoin during 2018 was orchestrated. Big fishes tried to demean Bitcoins, thereby prices fell and they accumulated big chunk of supply.

In 2019, the number of such statements and articles reduced dramatically. As a result, price is rising again. So maybe we all are unaware and it is possible that big billionaire forces trying to control Bitcoin market.

It is rising because of its strength and widely acceptance. It will surely rise high in this year also. I have placed great hopes with crypto market this year also. As it didn’t disappointed us in past we will not be disappointed in future also. Beside that loses are also part of business it makes you more expert of your trade. We will get more positive reviews this year also.

wildan88

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Quote from: Wysi on January 17, 2020, 11:25:05 AM

Quote from: wildan88 on January 17, 2020, 11:18:55 AM

Quote from: Savemore on January 15, 2020, 10:54:16 PM

Why would I believe to their statement? Is the writer is from the future? He has not have enough evidence to say that. People always getting hype to many prediction that can lead to huge losses. People are too excited on the prediction all ove the internet. It not makes sense after all so it is better if we will just focus on present situation.

You are right, there are many people out there who often predict anything about bitcoin in the future, of course everyone is easy to say anything about bitcoin but no one can predict it exactly. but as long as it predicts about future increases I am always happy to hear it, because I have good optimism about bitcoin in the future. its right, it's better to focus on quantity.

This year had started with positive trend which makes us believe in positive predictions and let's hope this year will be the year of bitcoin after a long bearish market, even I was optimistic about bitcoin until it dropped under $5k so let's focus on reality and consider predictions but not rake action only based on predictions.

So you're saying you're optimistic that bitcoin price will drop to $5k? as you said this year has started a positive trend, and in my opinion there will be no correction to $ 5k.
3-4 months ago the support was quite strong at 6500 and has never even touched below 6k so far. of course I focus on reality and look at the chart and it will help a little.

worle1bm

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Quote from: The Sceptical Chymist on January 16, 2020, 05:26:24 AM

Quote from: Hydrogen on January 15, 2020, 12:08:35 AM

The motive behind suspect crypto news published in 2019 remains undetermined.

It is possible wealthy institutional investors had their media contacts publish news to depress the price of bitcoin.

I don't regularly read crypto news, but my impression has been that their standard of journalism is extremely low, i.e., that they don't just report facts but might have biases toward or against certain coins and rely on rumors and/or sketchy sources for news. I'm not really sure there's anything external like a bunch of whales or anything like that, but it's certainly possible.

I remember watching a video on YouTube which outlined all famous responses from big celebrities like CEO of JP Morgan as well as articles published by famous new media sites and how all these were linked with the fall of Bitcoin prices in 2018. It may sound like a big accusation but I strongly believe that fall in the value of Bitcoin during 2018 was orchestrated. Big fishes tried to demean Bitcoins, thereby prices fell and they accumulated big chunk of supply.

In 2019, the number of such statements and articles reduced dramatically. As a result, price is rising again. So maybe we all are unaware and it is possible that big billionaire forces trying to control Bitcoin market.

Wysi

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Quote from: wildan88 on January 17, 2020, 11:18:55 AM

Quote from: Savemore on January 15, 2020, 10:54:16 PM

Why would I believe to their statement? Is the writer is from the future? He has not have enough evidence to say that. People always getting hype to many prediction that can lead to huge losses. People are too excited on the prediction all ove the internet. It not makes sense after all so it is better if we will just focus on present situation.

You are right, there are many people out there who often predict anything about bitcoin in the future, of course everyone is easy to say anything about bitcoin but no one can predict it exactly. but as long as it predicts about future increases I am always happy to hear it, because I have good optimism about bitcoin in the future. its right, it's better to focus on quantity.

This year had started with positive trend which makes us believe in positive predictions and let's hope this year will be the year of bitcoin after a long bearish market, even I was optimistic about bitcoin until it dropped under $5k so let's focus on reality and consider predictions but not rake action only based on predictions.

wildan88

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Quote from: Savemore on January 15, 2020, 10:54:16 PM

Why would I believe to their statement? Is the writer is from the future? He has not have enough evidence to say that. People always getting hype to many prediction that can lead to huge losses. People are too excited on the prediction all ove the internet. It not makes sense after all so it is better if we will just focus on present situation.

You are right, there are many people out there who often predict anything about bitcoin in the future, of course everyone is easy to say anything about bitcoin but no one can predict it exactly. but as long as it predicts about future increases I am always happy to hear it, because I have good optimism about bitcoin in the future. its right, it's better to focus on quantity.

sana54210

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Considering we have started the year around 7k levels, going over 14k wouldn't really be a difficult challenge for us. I mean surely we can hope for a 14k in a year where halving will happen right? We almost reached 14k last year when there was nothing major going on, 13.8k is fairly close to 14k.

However reality is, peaking at 14k is way different than staying at 14k. If we are going to reach 14k this year but fall back to lower levels later, that doesn't really mean anything, we reached there in 2019 as well and actually spent a lot of time at around 10-11k levels as well, for months we fought against dropping under 10k, in the end we finished the year at 7k nevertheless. So, I am hoping to "stay" around 14k and not just reach it, reaching wouldn't matter.

Genemind

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I'm one of those believers who certainly believe that Bitcoin halving would affect the price of Bitcoin positively. I believe that it's one of the best things that could influence the market situation. Lots of us have been waiting for this time to come so I'm hopeful that most of us could gain a good profit this year. I just wish that the Bitcoin price would go better in the coming days.

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Quote from: meliodas on January 16, 2020, 04:48:12 AM

We are still in the early stage to tell if the halving price is in. All I know is the price of bitcoin is so undervalued right now and it deserve to reach at least x3 of its current price for us to tell that the price of bitcoin is normal. Halving and upcoming blockchain adaptions are assurance that the price of bitcoin will continue to strive in the next years.

in terms of reasons it is true halving will have a positive impact, but it all depends on demand, it's useless if the future demand is getting lower, Bitcoin must prioritize a mass adoption

bitcampaign

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news articles are indeed one of the sources to manipulate the market, I have learned a lot from the experts in this forum do not even believe in crypto news sites that often do this manipulation, bitcoin increase in 2020 whether it's before or after halving is already far many people predicted why that could happen, this question is easy to answer which is that maybe a lot of people who lost money since 2 years ago bitcoin fell bloody in the bear market, maybe now investors and traders feel confident that it's time for the bitcoin market to be bullish now, we are already here now

The Sceptical Chymist

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Quote from: Hydrogen on January 15, 2020, 12:08:35 AM

The motive behind suspect crypto news published in 2019 remains undetermined.

It is possible wealthy institutional investors had their media contacts publish news to depress the price of bitcoin.

I don't regularly read crypto news, but my impression has been that their standard of journalism is extremely low, i.e., that they don't just report facts but might have biases toward or against certain coins and rely on rumors and/or sketchy sources for news. I'm not really sure there's anything external like a bunch of whales or anything like that, but it's certainly possible.

Bitcoin certainly could gain 100% or more in 2020--it did that in 2019, too. That's not much of a prediction IMO. As far as whether the halving is already priced in....well, that's something I've been wondering about myself. I thought it was in 2016 and then the price went haywire afterward, so who knows. I also don't know if the gains we've seen recently have anything to do with it, but I'm not going to lose any sleep because I can't explain it.

Quote from: meliodas on January 16, 2020, 04:48:12 AM

We are still in the early stage to tell if the halving price is in.

I'm not sure how you can ever tell. Even if the price rises after the halving, there's no telling what caused the rise with certainty.

exstasie

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Tom Lee has often been a contrarian indicator. However, this may be one of those "even a broken clock is right twice a day" moments.

I'm glad to see his prediction for 2020 (>100% gains) is relatively tame. That doesn't even suggest a new ATH this year. I guess he learned his lesson after becoming the butt of every joke in 2018. Cheesy

Quote from: Hydrogen on January 15, 2020, 12:08:35 AM

The motive behind suspect crypto news published in 2019 remains undetermined.

It is possible wealthy institutional investors had their media contacts publish news to depress the price of bitcoin. To create a lower buy in point. With the end goal of maximizing profits from bitcoin's 2020 halving.

I think BTC's 350% rally in the first half of 2019 just triggered major profit-taking and correction. No market goes up in a straight line after all. And during bear markets (like the last 6 months) commentators tend to focus on negative stories because they're trying to explain price drops.

meliodas

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We are still in the early stage to tell if the halving price is in. All I know is the price of bitcoin is so undervalued right now and it deserve to reach at least x3 of its current price for us to tell that the price of bitcoin is normal. Halving and upcoming blockchain adaptions are assurance that the price of bitcoin will continue to strive in the next years.

pikkie

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no one can provide predictions of that price increase because some time ago bitcoin also experienced halving but the price still could not rise, bitcoin price increases could be done when there were many who bought bitcoin and increased demand for bitcoin, for example many countries began to receive payments using bitcoin then that can provide a guarantee of rising prices because there will certainly be many who use bitcoin to make payments and it will be increasingly difficult to get bitcoin.

EdvinZ

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Halving of Bitcoin, which is expected in the spring of this year, should undoubtedly be a good reason to buy It. Many expect an increase in the price of digital gold in connection with this event. It should be noted that these expectations are not groundless, because during the previous halvings, the price of Bitcoin grew. We do not know whether the price will increase twice or less, but it is very unlikely that the price will not react to this event in any way.

Savemore

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Why would I believe to their statement? Is the writer is from the future? He has not have enough evidence to say that. People always getting hype to many prediction that can lead to huge losses. People are too excited on the prediction all ove the internet. It not makes sense after all so it is better if we will just focus on present situation.

ultrloa

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Quote from: Oilacris on January 15, 2020, 11:42:40 AM

Quote from: sovie on January 15, 2020, 04:42:07 AM

Don't get too excited because of current bull run, we have whole year ahead of us. Its Iran USA tension which stimulated current bull run and even tension is over, the bull run is still ON. Bitcoin is known for giving huge returns only to those who can buy at right time and HODL. Dont expect good from bitcoin if you start buying now.

Buying points cant really be precisely determined and even if you do buy into these levels it doesnt mean that you will not able to make up some profits.There are known and unknown factors on why btc price had risen up and one is the halving event.
Im not really that fan on entertaining nor interested on hearing out on those so-called analyst or pros when it comes to price analysis.

Well maybe it's bad for listening sometimes unto them but actually it's good to see to listen on some discussion since we can compare there opinion to the reality since if that one really helpful we can use it to maximize our own prediction on certain condition. But if someone feels to buy right now since they can see that we can gain a 100% then stand on your decision since we might gonna lost the opportunity if we keep listening but no counter action made.

NathanJB

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100% gain in 2020 is very much possible. In fact, it can very much gain more than that. 2020 opened with Bitcoin valued only a little more than $7,000. Just weeks after new year, the price is already trying to knock the $9,000 resistance down. This could go straight to a five-digit price. And when it happens, $14,000 is already within easy reach. That is already double the price of Bitcoin when the year started.

magneto

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We've entered the stage of the market cycle where mainstream media is now hyping BTC up again - a far cry of what has happened in 2018 and the majority of 2019 where the mainstream sentiment indicated extreme bearishness and seemed to revolve around BTC dying or whatnot.

It's honestly nothing out of the ordinary. It just indicates that we're going in for a bullish ride.

Sentiment is one of the best predictors of price action in the medium run.

Hydrogen

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Quote from: alyssa85 on January 15, 2020, 06:49:54 AM

Bitcoin trading is an unregulated in that it's not under the auspices of the SEC or other regulators, and doesn't have to abide by rules banning fake news designed for pumps and dumps.

In 2019 there was a big call for tesla shorts. Accompanied by an overwhelming volume of news attacking Elon Musk and tesla. I couldn't open my social media timeline without seeing a news article attacking Musk/Tesla over something.

If there are rules banning fake news from influencing market trends. I would be curious to know what they are.

My opinion of regulators and the SEC is: they work for banks. People shouldn't have the misconception that regulators or the SEC do anything legit to maintain the stability of economies, finance or living standards. They work for ruling elites. Its the only part of their job description that matters.

ecnalubma

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I think we never been really in bear season, Bitcoins hashrate has increased incredibly it could be an indication that it continuously goin bullish but the real just don’t reflect in the markets. But I think this year could bring more positive outcome since many people are anticipating the event that could potentially trigger another parabolic rise.

Oilacris

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Quote from: sovie on January 15, 2020, 04:42:07 AM

Don't get too excited because of current bull run, we have whole year ahead of us. Its Iran USA tension which stimulated current bull run and even tension is over, the bull run is still ON. Bitcoin is known for giving huge returns only to those who can buy at right time and HODL. Dont expect good from bitcoin if you start buying now.

Buying points cant really be precisely determined and even if you do buy into these levels it doesnt mean that you will not able to make up some profits.There are known and unknown factors on why btc price had risen up and one is the halving event.
Im not really that fan on entertaining nor interested on hearing out on those so-called analyst or pros when it comes to price analysis.

panganib999

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Quote from: Vishnu.Reang on January 15, 2020, 11:26:04 AM

While taking your "conservative estimate", you are accounting for 2017 and 2019, while ignoring 2018 and the two years which preceded 2017. You need to remember about 2018, because during that year the prices went down from $15,000 to $3,000. How can you be sure that such a bearish trend will not occur this year? Also, what about 2014-16, when the prices dipped by 85%?

Those years were the correction for the bubble of 2017, which was rightfully done IMO. Without it, BTC would've stood at the market as a tree with no trunk, which would fall down sooner or later, and without the correction, it would've fallen harder than a measly $3000.

I guess the whales anticipated or expected this halving. One that would be quite easy to manipulate, or at least sway the population to what they want the market to become. The FOMO of halving is honestly way too big, and anyone missing out of it would probably feel that they are missing out on another big price hikes of BTC.

Vishnu.Reang

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Quote from: moviebuff777 on January 15, 2020, 09:44:13 AM

A 100% return on investment seems like a conservative estimate to me considering Bitcoin has reached $20,000 in 2017 and $14,000 last year and started this year around $7500.

That means it would get to just $15,000. I think more like $25,000.

While taking your "conservative estimate", you are accounting for 2017 and 2019, while ignoring 2018 and the two years which preceded 2017. You need to remember about 2018, because during that year the prices went down from $15,000 to $3,000. How can you be sure that such a bearish trend will not occur this year? Also, what about 2014-16, when the prices dipped by 85%?

Dart18

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Which just concludes something.

People still did not learned their lessons.
We have the social media now which can produce much accurate news rather than watching the local news.
I hope people will see that.
With the right people to follow with you could make the real news out of them not being biased over everything.
I have my own list of channels which I just want to listen to and not those wannabe analysts or crypto value manipulators.
There should be a balance with everything.

moviebuff777

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A 100% return on investment seems like a conservative estimate to me considering Bitcoin has reached $20,000 in 2017 and $14,000 last year and started this year around $7500.

That means it would get to just $15,000. I think more like $25,000.

alyssa85

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Bitcoin trading is an unregulated in that it's not under the auspices of the SEC or other regulators, and doesn't have to abide by rules banning fake news designed for pumps and dumps.

So that's why we've been getting these stories ever since 2013 when bitcoin went mainstream. "China is about to ban bitcoin", "the ETF is about to be approved", "bitcoin is going to triple in price", "bitcoin is going to fall to $1000".

Most sensible people just ignore it all. It's all just noise,

Sadlife

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They say fundamentals has no effect on Bitcoin price but it could possibly affect it by FUD, sometimes if everyone is pessimistic in BTC price it really starts to go down and sometimes it surges, maybe this due to market manipulation its very hard to prove but i think its not impossible, that's how whales make most of profit by manipulating the media.
The reason why the halving price has not price in is due to bitcoin correction and the prologue downtrend since it sky rocketed back in 2017 made investors wary and scared that they might see a downtrend resulting in another loss.

ReiMomo

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Quote from: Hydrogen on January 15, 2020, 12:08:35 AM

Now whale media contacts may be publishing bullish news on bitcoin to maximize profits in the opposite direction.

News articles published by the media are by far one of the most underrated sources of market manipulation.

It's clear that it is all about the whale again manipulated the market and paying social media bloggers to publish good news and boost the bitcoin price( but you can simply noticed on this kind of paid article which is the content is bias). I noticed that when the good news will explode, bitcoin price goes up and when there is negative news like scamming incidence. Holders might probably be panicking and quickly sell their bitcoin. We, as a crypto enthusiast we should know what is FUD news and good news.

Wexnident

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I don't take loans, ask for sig if I ever do.

The motive may be unknown,but the result is. Some news of 2019 directly involves a redirection of possible disadvantages of BTC to the world so that commoners or those people out of the loop would spread fear, letting the price of BTC go down. And now that they've gotten enough, it's time to push BTC price, especially since FOMO could easily be spread out to the globe, with the next halving occurring. Especially since this is the next halving after the one that caused the current ATH (most believe and/or say so anw).

The media could be said to be a source of good information which is also a bad one. The workforce is like that at times, the strong prey the weak, in this case, the weak would be the media.

merchantofzeny

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Let's just ride on the positive news they are coming up with now and wait for people to start flocking, then fly away before it all crashes. I don't know how realistic it would be but if ever it hits $16k, I'm selling.

Quote from: avikz on January 15, 2020, 02:11:31 AM

It's not impossible but very very difficult, especially where the audience is international! It's easier for media to manipulate audiences from a country, ethnicity or a religion by such news but for international audiences, it's difficult beyond imagination and costs a fortune!

With TV yes, but it's very easy to do the manipulation via blogs and news sites. I for example don't live in the US and I regularly check the bitcoin price so whenever I open Chrome on my phone the top recommended articles are usually bitcoin news. All they need to do is position these articles in such a way that they'll be top results or recommended. Granted I don't know much about SEO but I figure it shouldn't cost them much in comparison to TV. And the more traffic is directed on those articles, the higher in the ranking they can go.

The internet has made it easier to disseminate information, or in the case that OP was talking about, FUD and hype.

TheCoinGrabber

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Quote from: Hydrogen on January 15, 2020, 12:08:35 AM

There were suspect news stories published in 2019 which may have been specifically designed to depress the value of bitcoin.

We had reports of binance offices in shanghai being raided which later were confirmed as false. Articles published about google achieving quantum supremacy, allowing them to solve problems similar to encryption brute forcing, which somewhat coincided with bitcoin price drops on two separate occasions.

That's plausible. Considering those at the top comprise just a small circle, it would be incredible if these investors don't have at least one friend in the media industry.

We've always known that media is corruptible, it's just hard to point a finger on who's pulling what string since that would require whistle-blowers inside and I doubt most employees would know about it.

Knowing this, I think it's wise to go the other way than what they tell you the market is going.

sovie

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Don't get too excited because of current bull run, we have whole year ahead of us. Its Iran USA tension which stimulated current bull run and even tension is over, the bull run is still ON. Bitcoin is known for giving huge returns only to those who can buy at right time and HODL. Dont expect good from bitcoin if you start buying now.

avatar_kiyoshi

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Quote from: EmmaLory on January 15, 2020, 02:26:20 AM

Bitcoin price 2020 gain possible very high, because 2 years ago 2017 bitcoin price touch all time high record, so this year possible again brake new high price touch. just hold everyone and see this year .......good luck bitcoin holder

I'm not sure if Bitcoin price will exceed the all time high record, people already know the peak price of bitcoin, most likely they have prepared to sell at peak prices, but what I hope is afterwards, hopefully the price of bitcoin does not drop dramatically after touching the peak price, this will be a stepping stone bitcoin prices will be higher than the recent high record in the next halving.

crwth

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Now that you think about it, wealthy people are trying to accumulate more to maximize more profits. I think once that significant event, which is the halving, happens, it would be fuel to skyrocket the price again to new highs (hopefully). There is just too much news to determine if this is the real intentions of the news provider and those fake news that circulate to have a fall in price. That's the reality that we have now, a little story about cryptocurrency could determine if it's going to be an uptrend or downtrend.

Positive News = Price Increase
Negative News = Price Decrease

It could be just coincidences, but once the word gets out, some people are panicking, and they want to liquidate their assets immediately. News is fast btw whether fake or fact.

Now that we are in a positive zone, we may see to continue to an increase in BTC. More bulls!

EmmaLory

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Bitcoin price 2020 gain possible very high, because 2 years ago 2017 bitcoin price touch all time high record, so this year possible again brake new high price touch. just hold everyone and see this year .......good luck bitcoin holder

avikz

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It's not impossible but very very difficult, especially where the audience is international! It's easier for media to manipulate audiences from a country, ethnicity or a religion by such news but for international audiences, it's difficult beyond imagination and costs a fortune!

A conspiracy theorist will belive in such incidents but for a normal people, it's just a no no! If it had really happened, then we must admit the brain behind this plan, but I really doubt that such big conspiracy has been staged just to keep the price down.

It is more realistic to believe that the effect of upcoming halving has started showing in and hence we are seeing a surge in bitcoin price! It indeed has the capability to make the pricing double because the supply is getting decreased by 50%. If demand remains stable, the price has to jump higher. Simple math!

Hydrogen

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Quote

Bitcoin can deliver 100% returns to investors in 2020 and may rise significantly in the five months until May’s block reward halving, a new report claims.

In its forthcoming 2020 Crypto Outlook, market research firm Fundstrat Global Advisors said it believed that the halving was not yet “priced into” the Bitcoin price.

Fundstrat expects over 100% BTC gains

The report is currently only available to the firm’s clients, with key findings uploaded to Twitter by co-founder Tom Lee on Jan 10.

Quote

“For 2020, we see several positive convergences that enhance the use case and also the economic model for crypto and Bitcoin — thus, we believe Bitcoin and crypto total return should exceed that of 2019,” an excerpt states.

Fundstrat continued:

“In other words, we see strong probability that Bitcoin gains >100% in 2020.”

The factors Lee and others identified focus on geopolitical tensions and the upcoming United States presidential elections, in addition to the halving.

Fundstrat took its cue from events last year, noting BTC/USD hit its high point amid tensions around Facebook’s Libra digital currency and negative comments on Bitcoin by president Donald Trump.

Bull catalyst or “non-event”?

As Cointelegraph reported, geopolitical factors form the basis for other commentators’ bullish Bitcoin price scenarios for this year.

As regards the impact of the halving, however, pundits are less united. Last month, Jason Williams, co-founder at digital asset fund Morgan Creek Digital, said May would prove to be a “non-event” for Bitcoin.

Williams appeared to contradict fellow co-founder Anthony Pompliano, who a month previously had claimed that even at $8,750, Bitcoin was yet to have the halving priced in.

https://www.zerohedge.com/crypto/bitcoin-can-gain-100-2020-halving-not-priced-says-fundstrat

....

There were suspect news stories published in 2019 which may have been specifically designed to depress the value of bitcoin.

We had reports of binance offices in shanghai being raided which later were confirmed as false. Articles published about google achieving quantum supremacy, allowing them to solve problems similar to encryption brute forcing, which somewhat coincided with bitcoin price drops on two separate occasions.

The motive behind suspect crypto news published in 2019 remains undetermined.

It is possible wealthy institutional investors had their media contacts publish news to depress the price of bitcoin. To create a lower buy in point. With the end goal of maximizing profits from bitcoin's 2020 halving.

Now whale media contacts may be publishing bullish news on bitcoin to maximize profits in the opposite direction.

News articles published by the media are by far one of the most underrated sources of market manipulation.

Topic: Bitcoin Can Gain 100% In 2020 - Halving Not Priced In, Says Fundstrat (Read 687 times)