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Topic: Bitcoin can go to 42000$??? (Read 3921 times)

member
Activity: 448
Merit: 10
July 31, 2019, 07:12:26 AM
#60
There is lot of possibility btc may go to 42000 dollars by this year end if btc follows the same kind of price growth and bull run similar to 2017 price analysis then we may expect btc may touch double the price of 20 thousand dollars
sr. member
Activity: 882
Merit: 269
August 01, 2019, 12:01:33 PM
#53
Hi, do you think bitcoin can reach 42000$ as i read here https://www.interactivecrypto.com/bitcoin-predicted-to-reach-42-000-in-the-next-five-months-dan-morehead who know this guy???
I have read this speculations and analysis some time last week and i believe in what he said because he has mathematical prove of what he said and also providing proved of what has happened in the past. I strongly believe that he might not be accurately right as no one can predict this market accurately but at list time is come it might get to $42,000. It might be next month or November but it will happen one day.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
August 01, 2019, 04:59:15 AM
#52
Why not? Bitcoin was worthless in the past. But it is more valuable than Gold. So Long as those Politicians for eg POTUS let it grow without interruption I feel the value will be immense.

Yes, bitcoin can go to that price. It's only a matter of time for bitcoin to break that higher price and we are sure that it will happen in the future. I hope that we can be more patient to wait for the time because we still seeing the price is at the current price. When the time is coming, the price will start to rally to a higher price, and we will see it will get to the high price soon.
newbie
Activity: 109
Merit: 0
August 01, 2019, 01:37:48 AM
#51
Why not? Bitcoin was worthless in the past. But it is more valuable than Gold. So Long as those Politicians for eg POTUS let it grow without interruption I feel the value will be immense.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
August 01, 2019, 01:35:33 AM
#50
the prediction might happen that bitcoin will touch the price of $ 42,000 but in a period that cannot be predicted.if a situation like 2017 can happen again maybe $ 42,000 is not a price that is difficult for bitcoin to achieve.
2017 was the best moments in the crypto space, at least for the holders because we were able to sell at a good profit, even our shitcoins we were able to monetize on it, but I don't think we will see the same as people not have learn and are more matured.

Also, I don't like to see that kind of pump and dump as the result is really devastating because we were able to witness a long bear market after that.
sr. member
Activity: 436
Merit: 250
Adoption Blockchain e-Commerce to World
July 31, 2019, 11:11:59 PM
#49
the prediction might happen that bitcoin will touch the price of $ 42,000 but in a period that cannot be predicted.if a situation like 2017 can happen again maybe $ 42,000 is not a price that is difficult for bitcoin to achieve.
sr. member
Activity: 910
Merit: 255
July 30, 2019, 02:46:10 PM
#48
Hi, do you think bitcoin can reach 42000$ as i read here https://www.interactivecrypto.com/bitcoin-predicted-to-reach-42-000-in-the-next-five-months-dan-morehead who know this guy???

bitcoin can easily reach to 42k usd. i totally agree. i have seen the bull run in 2017. it made around x20 in 1 single year. it has still potential to make a similar move. and x20 can bring it to over 100k usd
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
July 30, 2019, 12:22:35 PM
#47
LMAO! I haven't realized the name similarity Cheesy Dude literally just created an account with the EXACT same name as the website and than shared it with us acting all like he doesn't know what that is and who wrote that Cheesy. He probably literally wrote it himself and than came here to make his website known more.

I am sorry but that is not gonna work, people who read crypto articles on news websites do not read because you created a good discussion, they discuss it here anyway and no need to go to website, you won't get a single person who will forever follow that website just because they saw it here once. They can check that link for sure but its not going to be a permanent user on your website, just gonna check that link and leave forever. Do better marketing next time.
full member
Activity: 799
Merit: 100
July 29, 2019, 09:14:00 AM
#46
Hi, do you think bitcoin can reach 42000$ as i read here https://www.interactivecrypto.com/bitcoin-predicted-to-reach-42-000-in-the-next-five-months-dan-morehead who know this guy???
Dan Morehead is actually the CEO of "Pantera Capital", which is an investment firm focusing on bitcoin & other Crypto currencies. In that article, He have mentioned, within this year bitcoin price will hit 42k$, which is not impossible. Cause we have seen incredible hype and excitement in just a few short years. So it's quite possible that, whatever he have said, may come true...
sr. member
Activity: 2520
Merit: 280
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July 29, 2019, 07:05:43 AM
#45
the adoption rate versus selling needs to be increased for the prices to grow up and which is happening for bitcoin since it was in the market
Real world adoption is happening but not like how internet or mobile phone technologies were successful in more quicker time. It is not easy to convince all types of people to adopt an ALL NEW MONEY. But, we can believe adoption rate too may grow in exponential as common people are tend to listen to their near and dears. By considering these all, one million dollar levels too will be possible in more quick time than we could estimate.

do you think bitcoin can reach 42000$
Definitely it will reach but the question of time-frame is the mystery. This is the reason almost all positive predictions about bitcoin will be successful but time based ones may not.
 You are right because the internet and mobile technology was welcomed by every country around the world and there was crazy expansion in the rate of adoption of that technology. When it comes to crypto, there are concerns with the states and governments about many things related to decentralization and anonymity. So yes it will take some time but will ultimately happen.
I don't think bitcoin can ever reach a price of 42,000 dollars.
Firstly, the achievement of such a high price is possible only for a certain short period of time and at the same time it is necessary that Bitcoin holders work at this time only on raising prices, without selling it. This is impossible, given that many people will want to take their profits all the same and will sell it, which will cause a decrease in the price of Bitcoin.
Secondly, it is impossible from the psychological side. At this time of such a large price increase, the appearance of any negative information will inevitably lead to fear for the safety of its investments and panic, and it can in a short time almost completely devalue any cryptocurrency.
Thirdly, a big rise in the price of Bitcoin is most likely when a large number of whales will work in this direction. However, maintaining a high Bitcoin price for a long time will not be economically beneficial for them.
Not everyone holding bitcoin at the moment so in the process of price increase more people will join will that literally increases the price so compare to the price loss due to selling will be less which make the prices to increase overall.

Bitcoin is going to reach $42K or $50K some even say $1M as well,but the reality is it can be known only when people starts adopting it.
legendary
Activity: 2576
Merit: 1043
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July 29, 2019, 01:56:11 AM
#44
Hi, do you think bitcoin can reach 42000$ as i read here https://www.interactivecrypto.com/bitcoin-predicted-to-reach-42-000-in-the-next-five-months-dan-morehead who know this guy???
Five months??? The chances of it to happen is very low although I'm not removing it on the list of scenarios.

If this will happen in 5 months, there must be a very big news that can make its price higher or some events that can help its adoption. It is hard to reach at this moment but there is a possibility that it can happen Wink.
legendary
Activity: 1806
Merit: 1521
July 29, 2019, 01:36:11 AM
#43
x400 percent? Wow.
I dont think so.

You realize from 2015-2017, we went from $200 to $20K, right? That's a cool 10,000%.

Recency bias is an amazing thing. So many people around here are going to sell near $20K and then buy back so much higher. Wink
hero member
Activity: 3052
Merit: 651
July 29, 2019, 12:43:27 AM
#42
x400 percent? Wow.
I dont think so. Although I want it to happen for bitcoin to be seen more by the public, there is this scary feeling that it may become a bubble that will pop out any minute afterwards.
That is way too large that it may become questionable to the world government. It may be taken down or they will create havoc just so people will lose trust into it.

It may end up to a bad conclusion. It will just be a short happiness for us.
full member
Activity: 2142
Merit: 183
July 28, 2019, 11:56:06 PM
#41
the adoption rate versus selling needs to be increased for the prices to grow up and which is happening for bitcoin since it was in the market
Real world adoption is happening but not like how internet or mobile phone technologies were successful in more quicker time. It is not easy to convince all types of people to adopt an ALL NEW MONEY. But, we can believe adoption rate too may grow in exponential as common people are tend to listen to their near and dears. By considering these all, one million dollar levels too will be possible in more quick time than we could estimate.

do you think bitcoin can reach 42000$
Definitely it will reach but the question of time-frame is the mystery. This is the reason almost all positive predictions about bitcoin will be successful but time based ones may not.
 You are right because the internet and mobile technology was welcomed by every country around the world and there was crazy expansion in the rate of adoption of that technology. When it comes to crypto, there are concerns with the states and governments about many things related to decentralization and anonymity. So yes it will take some time but will ultimately happen.
I don't think bitcoin can ever reach a price of 42,000 dollars.
Firstly, the achievement of such a high price is possible only for a certain short period of time and at the same time it is necessary that Bitcoin holders work at this time only on raising prices, without selling it. This is impossible, given that many people will want to take their profits all the same and will sell it, which will cause a decrease in the price of Bitcoin.
Secondly, it is impossible from the psychological side. At this time of such a large price increase, the appearance of any negative information will inevitably lead to fear for the safety of its investments and panic, and it can in a short time almost completely devalue any cryptocurrency.
Thirdly, a big rise in the price of Bitcoin is most likely when a large number of whales will work in this direction. However, maintaining a high Bitcoin price for a long time will not be economically beneficial for them.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
July 28, 2019, 05:55:16 PM
#40
The way the market looks like at this current moment i will say it cannot reach that price. Though many are still hoping for that price maybe it can after 5 to 10 years .
So many challenges this year but I know bitcoin will still not fail us, we don’t know yet the end price this year so better to stay positive. Many FUD are destroying the bitcoin price, but its good for bitcoin to hold within $9k-$10k, its still a high price for me.
sr. member
Activity: 1162
Merit: 251
July 28, 2019, 09:12:22 AM
#39
Even if someone predicted the price correct in the past there is no kind of accusarcy in their next prediction because more untable market is infront of us.

$42,000 looks reacheable if the bullish trends keep following.
The trend will always change and anyone can be lucky if their prediction was hit. A strong bull run this time and we can see a new ATH but its hard to know the ceiling level. Bitcoin have to recover first right now and continue to do the slow progress until it spike high as we all wanted to see.
THis time there won't be long recover process because we already waited for more than year to hit this bull run so this time we will get some immediate action on the prices of bitcoin and I hope it will be in uptrend.

$10,000 looks for better than where we are in Feb 2019.
I think the price won't stop at $10k only, but it will be much higher. the price had touched $14k before and it was a low price in my opinion, if investors did not do panic selling, of course it is very possible that prices would continue to rise some time ago. I think this year will range between $15k and above.But for $40k it's too high and excessive for me
hero member
Activity: 2912
Merit: 556
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July 28, 2019, 05:16:31 AM
#38
Bitcoin can go to that price and bitcoin have a big chance for that. But I don't think that it will happen in this year except there is a big demand from people and the price starts to rally and break any high-level price. Perhaps, bitcoin needs to increase slowly first and get stable for a while and then start to increase again after making the correction. I believe that bitcoin will reach those number in the future and we have the opportunity to buy bitcoin at a price now before the price starts to increase.
full member
Activity: 686
Merit: 108
July 28, 2019, 04:39:53 AM
#37
This sound completely make me mad at this stage. That appears to happen when everybody going to distraught purchase! This whole damn market is manipulated like crazy. However, I am constantly bullish with Bitcoin and it could do anything.
I also mad to those who are manipulating the price of the market but I just can't help my situation but to learn on how to ride with them. Despite of the dump in the past days, I still believe for the good price at the end of 2019. We still have the time, and yes bitcoin will still pursue higher prices which is going to be positive if the bull begin again.
legendary
Activity: 2114
Merit: 2248
Playgram - The Telegram Casino
July 28, 2019, 01:44:18 AM
#36
Yes, it is possible for Bitcoin to go as high as $420000 or any other figure one can imagine. There is no support to back up that value and it's improbable that it can rise that high in the space of five months.
In a span of time years to a decade, and with lots of falls in the contemporary financial institutions, Bitcoin could rise to replace it in many areas and lead to global adoption.
legendary
Activity: 3024
Merit: 2148
July 28, 2019, 12:23:29 AM
#35
Hi, do you think bitcoin can reach 42000$ as i read here https://www.interactivecrypto.com/bitcoin-predicted-to-reach-42-000-in-the-next-five-months-dan-morehead who know this guy???

Your name is literally the same as the site that you posted, and all your post history is about that site, why are you pretending to not be affiliated with that site by saying "I red here" and "who know this guy"?

Anyway, that prediction is unlikely, at least in the second part, because it says that bull market will last till the end of 2021. In reality there's a high chance that this bull run will end months before the halving and we'll have another bear market after it.

As for $42,000, this is possible, and even a higher price like $60,000 can happen somewhere around Q1 2020.
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