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Topic: Bitcoin price predictions from Twitter 5 years from now - page 4. (Read 1177 times)

newbie
Activity: 1
Merit: 0
Peak out to $333K...I'd love to witness the hysteria of the markets then  Shocked
full member
Activity: 420
Merit: 136
Many people think that 2019 is the year when cryptocurrency continues to collapse!

The more people believe in a trend, the faster it tends to reverse.

Everyone believed prices would soar again in 2018. It means that a lot of people were waiting for this price increase so they could sell. The expectation of a new high price, leads to anxiety to sell. The opposite is true as well!

When everyone agrees that prices will fall further, it means a lot of bulls are waiting for the price drop in order to buy. There's a pressure buildup.

What happens then when suddenly everyone seems to "agree" that the bottom is reached? The bulls all buy at once and you get a new peak.

The current drop in prices reflects the fact that everyone was waiting to sell at the all time high. When they saw there'd be no new price records in 2018 the weak hands sold.

IMO everyone should watch for the new inversion. The bounce should be just as intense as the ride down.

There are still so many optimistic people in the community as it stands, at least in this forum. That's my biggest fear because what you have said is definitely true. Everyone gets wrapped up in emotions of greed or fear and forget to follow their senses.
sr. member
Activity: 1316
Merit: 379
Catalog Websites
I have come to notice that everything about bitcoin and cryptocurrency is decentralized. Nowadays, even predictions are decentralized. I can wake up tomorrow and if I have media influence say something and boom! the media carries it. Then the whole community takes it up. It is amazingly a decentralized space.
member
Activity: 1106
Merit: 11
Crypto in my Blood
If history repeats perfectly, then the current bear market for #Bitcoin would bottom out at $2,500 next month, in Jan 2019.
And then the next rally would start in late 2020, peak out in Dec 2021 at $333,000, and then crash back down to $41,000 in Jan 2023.
Something like that?🙂

https://twitter.com/bobbyclee/status/1071100283638280194

When I saw this tweet from Bobby Lee I was starting to imagine my portfolio. Funny huh!! However, this is an only belief prediction according to past history. It's not easy to say it will repeat again. But we hope to repeat.
sr. member
Activity: 896
Merit: 272
OWNR - Store all crypto in one app.
There's a lot of price predictions on Twitter, some more serious, some less, and some hillarious.


We could put together a list of predictions from people who are somehow important players in the crypto space.

Bobby Lee has a cool point (let's hope;):



If history repeats perfectly, then the current bear market for #Bitcoin would bottom out at $2,500 next month, in Jan 2019.
And then the next rally would start in late 2020, peak out in Dec 2021 at $333,000, and then crash back down to $41,000 in Jan 2023.
Something like that?🙂

https://twitter.com/bobbyclee/status/1071100283638280194

I hope your prediction will happen in 2021 so because of your prediction I decide that I will work hard in to earn more bitcoin and then I will keep it until 2021. Even in here you can see a lot of prediction about the price of bitcoin but I hope your prediction will come true.
member
Activity: 462
Merit: 11
You judge from market trends that continue after 10 years and this is natural to predict something, but every thing that happens in the market is purely for buying and selling activities and other factors will affect it too but very little. I still don't believe one hundred percent of your predictions
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
Bobby Lee has a cool point (let's hope;):
History will repeat itself, I agree. But, not at price levels perfect still anything may happen, that is the reality with any markets. I must retweet this one as many people are looking for some hope about the futures of bitcoins and when bitcoin will be following some predetermined path then it would be much easier for all of us to make big decisions accordingly. Let's hope for better things to happen round bitcoins.

I’ve seen someone predict just the same thing that the price will bottom out at $2,500, then after that there will be another bull run.
There could be 1000s of predictors hence there could be more possibilities of saying same things. So, absolutely no wonders on these coincident. I am not expecting that $3000 to be broken on sustaining basis. It means prices may swing around $2900 to $3400 in coming days before pushing bulls into action.

Quote
I’m starting to believe this because has been stable at $3400 since this month, it might drop on January to $2500 before the bull run.
Do not call it stable. Now the bounds of ranges has become shorter hence it seems like stable. In my view, bottom has been already tested and we are in sustaining phases.
sr. member
Activity: 1638
Merit: 278
There's a lot of price predictions on Twitter, some more serious, some less, and some hillarious.


We could put together a list of predictions from people who are somehow important players in the crypto space.

Bobby Lee has a cool point (let's hope;):



If history repeats perfectly, then the current bear market for #Bitcoin would bottom out at $2,500 next month, in Jan 2019.
And then the next rally would start in late 2020, peak out in Dec 2021 at $333,000, and then crash back down to $41,000 in Jan 2023.
Something like that?🙂

https://twitter.com/bobbyclee/status/1071100283638280194

I’ve seen someone predict just the same thing that the price will bottom out at $2,500, then after that there will be another bull run. A lot of people are also saying the next coming bull is going to be a heavy one this time around. I’m starting to believe this because has been stable at $3400 since this month, it might drop on January to $2500 before the bull run.
full member
Activity: 812
Merit: 100
Well is that his own opinion or prediction but I think no one can knows what will be the next price of bitcoin. Like his said let's wait and see if the history repeats again.
sr. member
Activity: 924
Merit: 281
Trooper Founder & CEO
I don't agree with this dude, but I agree with the exponential effects of BTC, and the pricer can really get super high and super low one o more times!

I would rather ask: Are you buying cryptos right now? - What are your objectives?
sr. member
Activity: 868
Merit: 257
There's a lot of price predictions on Twitter, some more serious, some less, and some hillarious.


We could put together a list of predictions from people who are somehow important players in the crypto space.

Bobby Lee has a cool point (let's hope;):



If history repeats perfectly, then the current bear market for #Bitcoin would bottom out at $2,500 next month, in Jan 2019.
And then the next rally would start in late 2020, peak out in Dec 2021 at $333,000, and then crash back down to $41,000 in Jan 2023.
Something like that?🙂

https://twitter.com/bobbyclee/status/1071100283638280194

Let see if the price of bitcoin will really reach $333,300 and if thing happen many people wil really become instant millionaire. I think im gonna hold and collect more bitcoin and I will wait for this moment.
legendary
Activity: 3234
Merit: 5637
Blackjack.fun-Free Raffle-Join&Win $50🎲

Why limited BTC price prediction only on Twitter, is this some magic social platform which we need to focus on? Most of these speculations are mainly aimed to promote person who post or some service/site which is included in tweet/post. Rare prediction have an in-depth analysis, most is based on subjective thinking of certain persons.

We all know how social networks are popular, but you do not have to believe in everything that someone says just because he is Bobby Lee or Elon Musk - they are just people and not the gods. The difference between ordinary mortals and them is only in the fact that they have money, and with money comes the power, and with power influence on public opinion.

How these so-called experts affect the future and current users of cryptocurrency you can read in this article:

Crypto “experts” from Twitter and YouTube are harming new BTC owners with their predictions.

Notice : Link posted in this thread is scanned with https://www.virustotal.com and it is safe for visit.
jr. member
Activity: 462
Merit: 2
I hope this prediction can provide good aspirations for the use of Bitcoin for the future starting in 2020 and as expected all, for now it is all drop and sluggish when opening the Bitcoin market, already in 2019 there is no certainty about pricesBitcoin, if this prediction on Twitter really happened, it was really lucky to buy bitcoin at this time.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
Well then, I have noticed that most of positive speculations is based on past performance.

Although obviously that past performance can't guarantee future results, speculators does have some sort of own strong analyzations why they are taking past performance as reference. Being positive doesn't always mean that people just have to hope for the best. There are "reasons" why people should expect that bitcoin will be moon someday.

Just continue our usual way of accumulation of btc's like what we are doing when bitcoin price wa,s for let's say, $200+.

Trust the process.
copper member
Activity: 182
Merit: 18
Crypto.BI
Many people think that 2019 is the year when cryptocurrency continues to collapse!

The more people believe in a trend, the faster it tends to reverse.

Everyone believed prices would soar again in 2018. It means that a lot of people were waiting for this price increase so they could sell. The expectation of a new high price, leads to anxiety to sell. The opposite is true as well!

When everyone agrees that prices will fall further, it means a lot of bulls are waiting for the price drop in order to buy. There's a pressure buildup.

What happens then when suddenly everyone seems to "agree" that the bottom is reached? The bulls all buy at once and you get a new peak.

The current drop in prices reflects the fact that everyone was waiting to sell at the all time high. When they saw there'd be no new price records in 2018 the weak hands sold.

IMO everyone should watch for the new inversion. The bounce should be just as intense as the ride down.
member
Activity: 392
Merit: 10
Any predictions must be based on the market to predict!
The current price of BTC is very low, so many people are not optimistic about the future of cryptocurrency.
Many people think that 2019 is the year when cryptocurrency continues to collapse!
hero member
Activity: 1540
Merit: 500
There's a lot of price predictions on Twitter, some more serious, some less, and some hillarious.


We could put together a list of predictions from people who are somehow important players in the crypto space.

Bobby Lee has a cool point (let's hope;):



If history repeats perfectly, then the current bear market for #Bitcoin would bottom out at $2,500 next month, in Jan 2019.
And then the next rally would start in late 2020, peak out in Dec 2021 at $333,000, and then crash back down to $41,000 in Jan 2023.
Something like that?🙂

https://twitter.com/bobbyclee/status/1071100283638280194


Lee has made many predictions in the past but only few of them have come out correct. I am not sure how he thinks that bottom would be 2500 next month and then it would stay there till 2020? it's hard to understand how he formed that conclusion when market rarely stays at its bottomed out price for years. People had made predictions in the past about bitcoin price but most of them have been flat out wrong but I imagine it's a good publicity strategy that help you gain more followers. History does repeat itself but not exactly and there is no timeframe for when and how exactly it would be repeated.
member
Activity: 182
Merit: 10
But is there any reason to think that the pattern will repeat itself again? It's just a belief, there's no fundamental reason behind this pattern, just because it happened twice it doesn't mean that it will happen again. On other markets, no one goes through the history of past cycles saying that the same price movements will happen again at a larger scale.

No reason indeed Smiley, but it's interesting to follow thoughts and opinions of people who are influential in the industry. Some might have a point, some even be right, and most of them just BS Wink.
full member
Activity: 420
Merit: 136
There are only so many times a market can go through large bull and bear cycles and still survive. It gets harder each time people get burned to convince them to come back to investing in the future.
That's an interesting point, though I don't know how true it really is.  I do know a lot of people have been burned with bitcoin and may never come back--but on the other hand, how many people do you think have been burned in the stock market in the past 100 years?  The stock market still exists, and it still goes through bull and bear cycles, including times of extreme volatility.

This guy's prediction depends on an enormous IF, i.e., if history repeats itself perfectly.  There's little chance it will and no reason to expect it should do so.  To me, it's just empty words, very much like everything else TA people spout. 

Sure, it's not that they won't ever come back, it's just that it gets harder each time to bring them back to market. If they continue to see bitcoin going through such big swings then they'll only be reminded of the dangers they've previously faced and will be put off from investing.

If on the other-hand bitcoin price is stable for a number of years then they'll be more inclined to come back to the market. That's more similar to how the stock market is.

Any prediction based purely on history alone is going to be flawed,  it can still be correct but eventually it won't be. So many things are different with this crash compared to the last one, even if the percentages are roughly in line.
legendary
Activity: 2170
Merit: 1427
Well funny for us, in retrospective if you are that guy it must be brutal. He would be so rich now, it's pretty crazy to think about. This puts a lot of sense into these thinking that it's the end of the world and think they missed the boat. Just buy the big dips and hold.

I remember back in 2015 someone on Bitstamp placed a sell order of 30,000BTC at $300 which people were buying into, but it probably didn't shrink fast enough so that entity removed the sell wall and placed it at $275 which people bought in like crazy. This was just before the price tanked to $150 so it's not sure whether that entity ended up buying back lower or left the market entirely.

I miss these old times where these massive orders used to pop up frequently. Right now the only large orders you see pop up are on Bitfinex which I wouldn't be surprised about if it's all spoofing taking place. Nowadays whales either use the hidden orderbook feature to not publicly show large orders, or they make themselves look like a small fish by trading small amounts.
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