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Topic: Bitcoin ends a year at $10 000 - page 3. (Read 1135 times)

full member
Activity: 196
Merit: 101
November 23, 2017, 02:18:01 PM
#41
Speculating the price of BTC by year end depends entirely on the perspective.  If you are a hodler (like me), then $10K is absolutely achievable but the price would be very volatile at that level.  If you are buying into BTC then $10K looks less likely and attractive.  In terms of price discovery I always ask myself the question : "If I had the cash, would I buy BTC at this price?".  The honest answer at $8K is no.  I'll happily buy more at $5K.  Price has gone parabolic.   The big problem is that it's virtually impossible to time a bubble top and BTC will always undergo big corrections.

In terms of the longer term, the best analysis chart I have seen is this one :

hero member
Activity: 840
Merit: 504
November 23, 2017, 02:11:09 PM
#40
Everything is possible in crypto markets. Obviously, behind this there's working some factor. The price is dictated by the market, the demand continuously increasing. So, comeback later end of 2018 and you could be wondered.
hero member
Activity: 2940
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November 23, 2017, 02:08:58 PM
#39
John Mcafee is aiming for that $500.000 mark in 3 years time or else ....  Grin

Still have faith on this man? He's been quiet when there's a crash when bitcoin cash is pumping. Too much expectation will just hurt you, if I'm a newbie by the time he said that thing I'll be inspired and no doubt I'm going to invest in bitcoin, well he's McAfee a well known person in the world of technology, he created an anti-virus. This is the mentally that he thinks for the people that will believe with his words, waiting for his meal after 3 years.
legendary
Activity: 966
Merit: 1006
November 23, 2017, 01:58:43 PM
#38
I think yes it can even cross $10k within starting few days of december if the current buy pressure remain same for next few weeks. Bitcoin's price hasn't corrected much this year when it pumped from $1k to current $8k which shows there is strong buying pressure so $10k by end of this year is not over speculation.
sr. member
Activity: 602
Merit: 254
November 23, 2017, 12:35:33 PM
#37
if you look at the progress that is happening to bitcoin now i believe $ 10,000 will be on bitcoin before the end of the year, and this is a drastic improvement from bitcoin since it was launched in 2009 ago.
and our hope for all this progress will continue in the future.
full member
Activity: 182
Merit: 100
November 23, 2017, 11:44:06 AM
#36
Today Galaxy Investment Partners Founder Mike Novogratz said to Bloomberg: "Bitcoin is like gold, it has value because people say it has value".
He believes bitcoin ends a year at $10 000! Can you believe this?! 
I think its better that we wait and watch that how its gonna go , whether bitcoin will reach 10000$ or not. Making predictions wont make any difference , so its better to wait for the end of the year. And also let this discussion be at a single topic , there are already many threads for this same topic.
legendary
Activity: 3080
Merit: 1353
November 23, 2017, 11:34:58 AM
#35
Today Galaxy Investment Partners Founder Mike Novogratz said to Bloomberg: "Bitcoin is like gold, it has value because people say it has value".
He believes bitcoin ends a year at $10 000! Can you believe this?! 

Yes, I read that article about Mike Novogratz comments regarding bitcoin. It only makes sense because he is a well known investor on bitcoin that's why he remains to be bullish. But its early to speculate. We still have a full week before the end of the month. And we all know how unstable the price is. In matter of 12 to 24 hours something might happened that can turn the tide against us. And we still have the Bitcoin Cash threat. It will remain and I think that they are not done yet. They will mount another one and the question is when. Bitcoin cash is now pumping to $1400-$1500 so it looks like its being pump by who, we don't know. But your guess is as good as mine.
full member
Activity: 322
Merit: 100
November 23, 2017, 11:20:40 AM
#34
maybe even much more than 10,000 by the end of the month I predict that we might hit the 10,000 marker before the end of december.
member
Activity: 406
Merit: 36
November 23, 2017, 11:03:42 AM
#33
I think so as well, we'll hit 10k at the end of the year. And we'll see a good rise again in 2018.

2018 is actually a year I am so eagerly waiting for. Based on what I have seen this year and so much news that is expected next year, I believe bitcoin really is going to have a lot of surprise in store for a whole lot of us. I hope I am right. This year though, I would not be surprised if we hit the $10000 all time high, but only time will tell.
legendary
Activity: 2912
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November 23, 2017, 10:53:50 AM
#32
Although the price looks great with the tendency for further rise we have to be aware of volatility and how market can easily change. It's not unlikely to see 10000$ by the end of the year if there will be no some disturbing factors but I'm more keen for the option that price will fluctuate between 8000$ and 8500$ and for 10000$ we coue wait next spring.
legendary
Activity: 1652
Merit: 1088
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November 23, 2017, 10:52:51 AM
#31
The way people are continually buying the dips, bitcoin might achieve $10,000 by the end of the year. But there will be a lot of profit taking at that point - loads of people have it as their benchmark for cashing out. So I doubt it would last.

Also, with the advent of CME futures in December, remember that futures allow people to go short as well as long. And true you can currently short on some exchanges, but this is peanuts compared to the money the CME will unleash.
full member
Activity: 518
Merit: 145
November 23, 2017, 10:40:23 AM
#30
I love BTC, but i see the price going to 9100-9300$, we gonna talk back the 1 januari 2018  Grin
Well, we cannot really say yet. Looking at the situation of things though and how many days we have left, that might be realistic enough. So far, Bitcoin is still finding it hard to break the resistance and if it does not break past the resistance line blocking us so far in some hours, we can still have a possibility of testing a little below $8000 which to me is a little drawback. However, that not withstanding, I am still very optimistic.
legendary
Activity: 3038
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November 23, 2017, 10:19:16 AM
#29
John Mcafee is aiming for that $500.000 mark in 3 years time or else ....  Grin

Oh he promised: " if not, I will eat my dick on national television. "

He better prepare to eat his dick.

If there is no attack from Bitcoin Cash, the price could be around $10,000.

bitcoin cash have another pump, from $ 1200 to $ 1505.




we are at $8000 and it is already at the end of November, we have to make some prayers if we want to reach the $10,000 in December


newbie
Activity: 15
Merit: 0
November 23, 2017, 10:12:43 AM
#28
Today Galaxy Investment Partners Founder Mike Novogratz said to Bloomberg: "Bitcoin is like gold, it has value because people say it has value".
He believes bitcoin ends a year at $10 000! Can you believe this?! 
Well, very optimistic, do not have time to gain such a height, my guess is a stop in the 8400 area.

I think the $8400 can be reached in a week. If there is no attack from Bitcoin Cash, the price could be around $10,000.
hero member
Activity: 896
Merit: 521
November 23, 2017, 09:40:01 AM
#27
I was analysing Bitcoin's hourly chart. It has just formed a death cross on hourly basis that indicates a correction to $7500-$7600 level. But Bitcoin has strong support at $8050-$8100. If Bitcoin breaks $8050 level, then a correction might take place. But that will be of short term. After that Bitcoin will recover and can easily make a $10k up to Christmas.
hero member
Activity: 2842
Merit: 578
November 23, 2017, 09:30:38 AM
#26
Today Galaxy Investment Partners Founder Mike Novogratz said to Bloomberg: "Bitcoin is like gold, it has value because people say it has value".
He believes bitcoin ends a year at $10 000! Can you believe this?!  

Honestly speaking, I don't think that bitcoin will reach the $10,000 before the end of this year. It can be next year or on january, but before this year ends? I don't think so. We can't predict the future, we can't predict the value of bitcoin. So the best thing to do is to wait and be patient, also we should pray that bitcoin must go beyond and will gonna reach its peak.
sr. member
Activity: 588
Merit: 254
November 23, 2017, 09:23:02 AM
#25
When it comes to bitcoin price I will say it's very much unpredictable. There are sometimes very small issues that affects the bitcoin price to go down worth and lose it's value in thousand dollars, while sometimes many hurdles are tackled by bitcoin easily. We never know when and what is going to be a price loss and price gain timing. Currently it seems like bitcoin will continue uptrend growth.
full member
Activity: 1274
Merit: 106
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November 23, 2017, 09:22:39 AM
#24
I do not think that Bitcoin will be able to reach $10000 mark by the end of this year. $9000 seems more realistic otherwise it will stay around $8500 or so.
full member
Activity: 434
Merit: 100
November 23, 2017, 09:18:20 AM
#23
That is also actually my price speculation of Bitcoin that it will hit a 10K USD price before this year ends. People started to get noticed of bitcoin's significance and would probably convinced them to invest making it's value soaring high.
hero member
Activity: 2660
Merit: 651
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November 23, 2017, 09:17:04 AM
#22
I believe we achieve the $10,000 before the end of this year because Mike Novogratz was not the first person to make such prediction and bitcoin usually  bullish during the end of every year/new year.
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