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Topic: Bitcoin can go to 42000$??? - page 2. (Read 3921 times)

legendary
Activity: 3052
Merit: 1188
July 27, 2019, 02:49:18 PM
#34
I think there is a big difference between bull increases and small increases.

I mean 42 thousand dollars is a bull increase and if that happens which I doubt will happen quickly then it means there was a big bull run and it must have taken weeks before it reaches there, so it would be like 15k one day, 17k the next 19 the next 23 next and so forth until 42k.

It won't happen like one day at 10k and next it will 42k, that never happens and there isn't enough buy orders to make it go that high in 24 hours. So, I think we should focus on those small increases back to back before we focus on how high it could get, could it get to 42k one day? Sure but in order to do that it should first hit 15k and that means we should first focus on making bitcoin 15k, after that we could take a look at what it could potentially be at max.
hero member
Activity: 2534
Merit: 605
July 27, 2019, 01:32:36 PM
#33
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.
member
Activity: 980
Merit: 62
July 27, 2019, 01:01:49 PM
#32
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???

No, it cannot reach this level without any moves from our side.
Personally, I am tired of all these posts that say when bitcoin is going to reach 100k 200k etc.
We need to bring more crypto adoption in order to make the price go up. Without that the price would move with a top level of 20k.
sr. member
Activity: 882
Merit: 282
July 27, 2019, 02:28:31 AM
#31
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 read this story at coindesk the day before yesterday and I agree with the author that bitcoin is actually heading somewhere. We have many reasons to see bitcoin at $42,000 or even $64,000 by the end of this year. The issue of libra has really brought bitcoin as a subject of discussion this day and my country government that hardly think of cryptocurrency are now setting up different committees to look into it and see how to manage the adoption of bitcoin and another related cryptocurrency.  If you have an interest in making it huge in cryptocurrency then now should be the right time to buy as it is at indecision areas of its circle.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
July 26, 2019, 11:53:00 AM
#30
There is a big difference between going from 4k to 19k and going from 10k to 42k. Now I am not saying it is impossible neither but the money required to reach those levels are far higher than money required to reach 20k.

Reaching 20k should not be our aim I agree to that, we have already done that before and we surely will do it again one day, I don't know when and I don't know how but eventually we will break the all time high, however 42k in anytime soon doesn't look realistic because there isn't that much money coming into the market right now and until that type of money starts pouring into the market we will not see it. There is no way sellers will just stop selling at these levels and start selling at those levels, we have to beat those sellers until 42k and that will require some new money.
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
July 26, 2019, 01:35:38 AM
#29
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.
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
July 25, 2019, 02:38:50 PM
#28
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.
member
Activity: 486
Merit: 10
July 25, 2019, 01:01:03 PM
#27
some crypto experts predict the price of bitcoin will reach tens of thousands of dollars and on the other hand say the opposite it's just a prediction and anyone can do that but cannot be ascertained, even now the price of bitcoin has not been able to pass the highest price in 2017 so what is the big event that will cause bitcoin to reach $ 40k.
hero member
Activity: 1834
Merit: 879
Rollbit.com ⚔️Crypto Futures
July 25, 2019, 08:56:26 AM
#26
These so called capital management experts or is it crypto experts need to suck it up and tell the world their predictions they keep giving and always analyzing are all bad jokes meant to lighten the moment. We all know all stressful watching these charts can be add a beacon of hope is certainly good,but.......

Honestly what will cause this price to grow more than 350 times in these 2 years( my 350,000 dollar question).
sr. member
Activity: 826
Merit: 265
July 25, 2019, 08:42:43 AM
#25
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???
Prediction is always there and everyone can give their own prediction but the problem is how accurate and can be really happen?since out of 1000 predictions we are lucky to have one that turns reality lol

But what I am looking is just atleast $20,000 before the halving in middle of 2020 and if this happen maybe I am enough since I can reach my target amount for selling my folio and will consider buying again in dip
legendary
Activity: 2730
Merit: 1288
July 25, 2019, 04:21:39 AM
#24
Hi, do you think bitcoin can reach 42000$ 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???

Not in next 5 months. Well it can go but I would give it a small chance for that. There is no real interest for Bitcoin outside of crypto. Price of Bitcoin will mostly stay where it is and building momentum.   To see hos much interest for Bitcoin out of crypto is you can check here: https://bitcointalksearch.org/topic/m.51933718  You see we are lower then Nov 2018. So really low. But I do expect that interest will slowly build up.
member
Activity: 616
Merit: 30
July 25, 2019, 01:59:14 AM
#23
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???
If we gonna believe all the articles crossing our ways for sure we will be giving here ups and downs approach in which we can be misleading

Bitcoin price volatility is indeed and by supply and demand this will move so for me whatever the value of bitcoin is,what’s important is it grows higher and higher as time goes by and bringing the future for more decentralized and virtual world of living
member
Activity: 282
Merit: 11
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
July 24, 2019, 09:51:10 PM
#22
Every idea and predictions is wonderful to hear, that's why having an expectations that bitcoin will shoot that target of $42k; I guess that was really profitable. That will help other coins to also become more worthy and profitable, because their respective value is also possible to increase once exchange price will be dominated by btc's price.
hero member
Activity: 3038
Merit: 634
July 24, 2019, 06:59:06 PM
#21
Within a short span, I don't think that we're able to see that price. I'm even eyeing for $100k but that's another story and I want it few years from now.

When we're speculating and wanting to see such tremendous price, we need to consider on how long it should be and what's the current state of the market. It's okay to assume that much as long as it's realistic and you have considered many factors.
legendary
Activity: 1652
Merit: 1265
July 24, 2019, 06:48:30 PM
#20
I believe it will within 1 year from now.
People forget that if Bitcoin goes ATH it does hundreds of percents of gain in approx. 30 days.
So as someone stated it can go way higher and will come down hard afterwards.
legendary
Activity: 1652
Merit: 1483
July 24, 2019, 06:36:30 PM
#19

This is definitely impossible, we are at the end of July with a price of $ 9600, there is nothing big that could happen in the next 5 months that would cause the price to rise to $ 42,000. Is an impossible that forecast, no matter what kind of calculations he makes...

let's draw an analogy to the 2017 bull market:

  • $42k is a 437.5% increase from $9600
  • $19666 is a 437.5% increase from $4495

we crossed $4495 during the last week of august 2017. 3.5 months later in early december, the market topped at $19666.

so it's definitely not impossible. there are even some signs that a 2017-like bull run is happening again. if the time window were 1 year instead of 5 months, i'd bet he's right.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
July 24, 2019, 04:18:18 PM
#18

This is definitely impossible, we are at the end of July with a price of $ 9600, there is nothing big that could happen in the next 5 months that would cause the price to rise to $ 42,000. Is an impossible that forecast, no matter what kind of calculations he makes... is impossible to reach 42,000 within 5 months and hope no one take this absurd prediction seriously

who know this guy???

see this:

https://www.panteracapital.com/team
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
July 24, 2019, 03:54:29 PM
#17
From where does 42k comes? Why 42k and not 41.9? Oh man.
At the moment no one can say that bitcoin can go up to 40K, in near future no one knows what will happen, maybe it will, maybe not because as you see, recently India banned bitcoin mine/use, what if other countries follow that rule? If you say that price will rise because it will be hard to obtain, then you are in mistake, less demand will result in low price, it's not something that people will go on risk for jail but of course VPN exist here to solve that problem if other countries follow to India which will be more likely illogical but who knows, maybe Trump will follow them, his thoughts are insane.
On another hand, this is like a gold rule, bitcoin will always surpass once it's all time high, so to my mind higher than 20K is guaranteed, at least I think so.
legendary
Activity: 3122
Merit: 1398
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July 24, 2019, 03:33:47 PM
#16
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???

His prediction is based on his own analyzation. Like anyone else, we can make our own prediction backed by our set of references and factors. Although for some, it's really difficult to imagine a bitcoin price @ $42,000 within 5 months period, at the end of the day, it depends on readers if they will buy that prediction or not.

There are lots of predictions you will see around. Some are realistic, some are not - but all have chances even at 0.00001% for unrealistic ones.

Now to answer directly your question based on my own analysis, YES it will but the question is WHEN? - maybe a year, 5 years, a decade and so on....

Hope you got the picture.
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
July 24, 2019, 03:33:38 PM
#15
I personally believe that 30k is quite possible sometime soon, I know it looks as if the price is falling lately and it has been trying to breach over 13k and failed multiple times so far and that is why many people somehow believes that the hype and bull run is over but in reality if you see the price keep going up and trying to breach than going down that means it still has a life in it that tries to go up but fails, its the time that it doesn't even try to go up that means bull is over, as long as it keeps trying than I will definitely believe the bull run goes on.

Since, the bull run goes on and there is not a big resistance left after 13k than I believe we will continue going up much faster, the biggest of walls only happens when you are close to it, when you break it than the next wall is always easier to break.
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