Bitcoin price predictions from Twitter 5 years from now

setialovers

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Quote from: nizamcc on December 27, 2018, 12:40:37 PM

If history repeats perfectly.
It's very important point actualy.
Only because BTC lost some of its value and then returned it, doesn’t mean that it should happen again, isn't?
There are many predictions about BTC price. But we can only wait.

Its true, too many prediction about bitcoin and what we can do is just waiting. I am believe bitcoin will valueable but maybe in long term. As store of value, bitcoin is more secure than gold and with limited supply, i think that prediction can happen

Burogh

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Quote from: Japinat on December 21, 2018, 02:51:18 AM

For now, we should not listen to them, they are not God and we don't know if their prediction is real.
Let's make our own research and hold if we believe, regardless of the price now what's important is we focus on the future.
Bitcoin has never failed us especially if we are a long term holder.

Actually, even 5 years from now and the price is still less than $10,000, I would do the same, HODL.

I am agree with you, he just make his own prediction and we should make our own analysis. If we focus to invest and hold for long term, i think price is not important in short time and i am believe bitcoin will reach highest price again in near future.

nizamcc

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If history repeats perfectly.
It's very important point actualy.
Only because BTC lost some of its value and then returned it, doesn’t mean that it should happen again, isn't?
There are many predictions about BTC price. But we can only wait.

CarnagexD

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Quote from: unusualfacts30 on December 13, 2018, 07:34:07 AM

Quote from: matjazsircelj on December 11, 2018, 09:34:01 AM

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.

As it was posted "Prediction" will always be a prediction. That's good for an investors who would invest for long term with out fear from any possible loses along the way towsrds 5 years. The market is crazy, it is unpredictable, very volatile. Bitcoin facing a lot of issues Scammers, Hacking, FUD, and the Regulation by government whom against the entry of crypto market into the main stream. But i am optimistic once all of this issues are resolved the more favorable crypto market trading will be seen in the future.

Renaldi blackspadeteam

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Quote from: nl247 on December 21, 2018, 02:43:45 AM

Quote from: Renaldi blackspadeteam on December 16, 2018, 09:28:46 PM

Bobby Lee's bitcoin price prediction has made my heart calm, and no longer worried about the FUD news being reported by the media and frightening me, sometimes wary people don't believe this and need proof, but I think this can be an encouragement to continue working in cryptocurrency.

Oh! So your heart was in great turmoil before? Bobby is not some soothsayer who can see what the future holds exactly, as he is simply using past moves to judge the future. He may end up right or not, but one thing for sure is that the market is still in a long term uptrend. Where it bottoms out or how far it goes when the bull kicks in is something I would rather leave for time and trend to tell. Working around some predictions now is not something realistic, market will do whatever it pleases to do, but there is no need not to be calm, it is a new market, it is growing everyday and there is more development kicking in which all points to one thing, it will still be long term bullish after all.

my heart was confused because I was surprised to see the price of bitcoin going down every month this year, because the price of bitcoin always went up every year, but this year was really different from the previous year. and yeah, I understand, Mr. Bobby is not a fortune teller, I also believe there will be a bull coming in for the long term, thank you for your advice, it's quite useful for me.

historicalcoin

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Quote from: virasog on December 19, 2018, 06:17:39 AM

Quote from: matjazsircelj on December 11, 2018, 09:34:01 AM

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;):

https://i.imgur.com/MBQwnnA.png

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 do not believe on his statement. No one can predict the price of bitcoin so precisely as he has tried to do here. Everyone can say his or her perdition about the future bitcoin price as no one can challenge it . So they got more focus on their prediction because these people already well known in the media and any word said by them is viral on social media.

These are mere predictions and should not be followed. Regardless of whatever the price is, one should follow one’s own institution and this is something that leads to profit. Speculations like these are chaotic.

DAVETUN

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Bobby Lee can be trusted 100%, you cannot base your prediction on past track record of BTC, we all should know that the market price is dependent on several factors, which varies, price can crash or pump from government policies and news from the media, I expect a more accurate prove.

logicgate

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Quote from: Jamjamz30 on December 20, 2018, 10:43:27 AM

It seems the rally had started more one year earlier than 2020. Bitcoin is now a bit over $4,000 after reaching $3,400. Consider that the almost 20% increase just happened in half a week. This is predicted to continue towards the end of 2018. Bull run might happen early next year.

I think market of bitcoin had suffered allot. But now we are able to see good times. I am very sure at the end of this year we will see remarkable progress not only 20 percent but I am sure in 2019 price of bitcoin will cross our expectation. I just hope too see it little stable.

Japinat

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For now, we should not listen to them, they are not God and we don't know if their prediction is real.
Let's make our own research and hold if we believe, regardless of the price now what's important is we focus on the future.
Bitcoin has never failed us especially if we are a long term holder.

Actually, even 5 years from now and the price is still less than $10,000, I would do the same, HODL.

nl247

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Quote from: Renaldi blackspadeteam on December 16, 2018, 09:28:46 PM

Bobby Lee's bitcoin price prediction has made my heart calm, and no longer worried about the FUD news being reported by the media and frightening me, sometimes wary people don't believe this and need proof, but I think this can be an encouragement to continue working in cryptocurrency.

Oh! So your heart was in great turmoil before? Bobby is not some soothsayer who can see what the future holds exactly, as he is simply using past moves to judge the future. He may end up right or not, but one thing for sure is that the market is still in a long term uptrend. Where it bottoms out or how far it goes when the bull kicks in is something I would rather leave for time and trend to tell. Working around some predictions now is not something realistic, market will do whatever it pleases to do, but there is no need not to be calm, it is a new market, it is growing everyday and there is more development kicking in which all points to one thing, it will still be long term bullish after all.

Sadlife

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This predictions are just to funny there's even a guy called tom lee who's speculations in bitcoin price are way off and always gets it wrong. But i dont think it's to bad to have that kind of wishful thinking that bitcoin might reach that price someday, i mean who knows with bitcoin's innovative features in the world of payment and transactions it could be the next technology to replace fiat.

mummybtc

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I don't know why people always listen to people like this for their price forecast, what was the price prediction for BTC in January that most of these so called influencers in the space were calling, $50k, $100k etc. The main thing to note is that by now we should as much as possible detach ourselves from the talk of price, BTC need to penerate the market far better than today if it has a chance of reaching those price level

NewRanger

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Quote from: Burogh on December 20, 2018, 08:28:34 PM

Quote from: Ridwan Fauzi on December 20, 2018, 07:11:09 AM

Investment in bitcoin is very risky, the reason is that the OP has mentioned it. The price increase is very high, you can imagine from $2500 to the price of $333,000 in just one year. These predictions will affect each investor's mindset and I guess if the sign is fixed then most investors will believe it. However, when the price increases and the price decreases, there will be something coming up, and for everyone who knows the information, he will know every scenario of price changes, and I don't think that is good.

I am agree and i think its too ambitious. I am prefer hoping bitcoin price will reach highest again at $20k rather than jump to $100k or $333k in one year. Beside that if the price at $333k i can't imagine market cap value because its too big and i think maybe trillion dollar just for bitcoin.

we need smooth movement for bitcoin price.natural and organic pump better than fake pump.it just to keep the market balance so no more any price manipulating that will harmed new investors.

Burogh

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Quote from: Ridwan Fauzi on December 20, 2018, 07:11:09 AM

Investment in bitcoin is very risky, the reason is that the OP has mentioned it. The price increase is very high, you can imagine from $2500 to the price of $333,000 in just one year. These predictions will affect each investor's mindset and I guess if the sign is fixed then most investors will believe it. However, when the price increases and the price decreases, there will be something coming up, and for everyone who knows the information, he will know every scenario of price changes, and I don't think that is good.

I am agree and i think its too ambitious. I am prefer hoping bitcoin price will reach highest again at $20k rather than jump to $100k or $333k in one year. Beside that if the price at $333k i can't imagine market cap value because its too big and i think maybe trillion dollar just for bitcoin.

wahyu wida

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Quote from: Jamjamz30 on December 20, 2018, 10:43:27 AM

It seems the rally had started more one year earlier than 2020. Bitcoin is now a bit over $4,000 after reaching $3,400. Consider that the almost 20% increase just happened in half a week. This is predicted to continue towards the end of 2018. Bull run might happen early next year.

this is the hope of all of us, after this year many have complained, and finally we have little hope of getting results after holding coins in this long term. with the increase in bitcoin, of course, other coins will be followed

carlisle1

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Bu this is IF HISTORY REPEATS ITSELF things that happen onces in a million chances o maybe billion so let us not be mislead and buy this predictions
Better be aware of volatility and the capacity of bitcoin to recover though I believe in OPs time frame but only confused on the value that may take $333,000

Jamjamz30

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It seems the rally had started more one year earlier than 2020. Bitcoin is now a bit over $4,000 after reaching $3,400. Consider that the almost 20% increase just happened in half a week. This is predicted to continue towards the end of 2018. Bull run might happen early next year.

Ridwan Fauzi

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Investment in bitcoin is very risky, the reason is that the OP has mentioned it. The price increase is very high, you can imagine from $2500 to the price of $333,000 in just one year. These predictions will affect each investor's mindset and I guess if the sign is fixed then most investors will believe it. However, when the price increases and the price decreases, there will be something coming up, and for everyone who knows the information, he will know every scenario of price changes, and I don't think that is good.

Golftech

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Quote from: KKH84 on December 20, 2018, 01:59:31 AM

I think everyone is free to give his predictions about bitcoin prices in the future, but it all depends on those who have bitcoin, want to hold it back or follow the bear market that is now and take a little profit in trading.

Correct, with how the market behaves any prediction can be said but reality wise, it's still depend with those big bagholders, those who knows how to play and how to take good profits, if they push it up then market will go to that particular directions but if they will keep shaking it, the end results will be more panic holders to sell out and make the value much lessers.

tosmartak

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Quote from: tenakha on December 15, 2018, 07:14:41 AM

Quote from: matjazsircelj on December 11, 2018, 09:34:01 AM

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?🙂

It is just a possibility and I do not believe the price will move as he says. While tomorrow's price is unknown, a chance is required for the accuracy of the 5 year price prediction. Perhaps there will be greater developments in the future but for now I only give superiority the decisions that will be made in January and February.

Of course, it is a market and it will always remain unpredictable, so there is no point believing something that is said as a means of predicting what the future holds. However, judging from history and for the fact that this is still a new market with more prospect for long term growth, I believe we will get to see more ATH in the future anyway. For now, I would not be surprised the bears are done yet, until the trend shows otherwise. Time will always tell in the long run anyway, and who ever ends up right with any prediction at this point, certainly just got lucky as this is not a game of dice.

KKH84

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I think everyone is free to give his predictions about bitcoin prices in the future, but it all depends on those who have bitcoin, want to hold it back or follow the bear market that is now and take a little profit in trading.

cizatext

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His opinion was stated clearly that if history repeat it self and we all know how decentralized and volatile the bitcoin market can be at every time, and it unpredictable to state accurately. But I believe that after the bearish movement the bull run is going to pick again. I know 2019 is going to be a great year for bitcoin again.

iMark

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Quote from: AntoCokbun on December 18, 2018, 06:03:50 AM

Yes, of course it is an extraordinary achievement if it really happens, but we must always remember that we cannot depend 100% on the track history of the market because sometimes the market is off the track from its history.

of course bitcoin is not always on a positive track, moreover the bitcoin market is very volatile, of course prices can go down very deep and maybe that makes a lot of people doubt the future of bitcoin, but this is the real crypto condition. prices can fly anywhere, but that does not mean the future is blurred

bintangkejoraku

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I am very happy to read this prediction but I do not want to expect too much with such a prediction, because the price of bitcoin is very difficult to predict. even by an expert.

jrrsparkles

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Quote from: Biscutard on December 19, 2018, 04:38:06 PM

Quote from: luispitchler on December 18, 2018, 06:41:59 AM

even fortune tellers who claim they see through their crystal balls can go wrong. there's always sense of mystery in everything..what more with the #crypto market.

A prediction doesn't mean it is what is going to happen, this is just their insight of what it tells to their thoughts. Anyway, anything could happen in the market so it doesn't matter if they predicted it right or wrong. The important thing is that cryptocurrency will live until the future.

How the crypto currencies will be in future if the market can't survive now,based on what you said the bitcoin will stay in the future too.

I am not seeing any predictions now,jus t feel free and see what will happens after five years if I am alive. Cheesy

Biscutard

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Quote from: luispitchler on December 18, 2018, 06:41:59 AM

even fortune tellers who claim they see through their crystal balls can go wrong. there's always sense of mystery in everything..what more with the #crypto market.

A prediction doesn't mean it is what is going to happen, this is just their insight of what it tells to their thoughts. Anyway, anything could happen in the market so it doesn't matter if they predicted it right or wrong. The important thing is that cryptocurrency will live until the future.

Slow death

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Quote from: matjazsircelj on December 11, 2018, 09:34:01 AM

There's a lot of price predictions on Twitter, some more serious, some less, and some hillarious.

I start to think that these guys that make these predictions very exaggerated because they have many bitcoins and because of that they want the price to increase a lot so they can sell and the price will fall a lot and buy again. Because they are very intelligent, so it is obvious that they know that the price will not increase much, at least it will not be the price that they are saying. Last year this kind of prediction made many people lose money

TrezorMade

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Quote from: matjazsircelj on December 11, 2018, 09:34:01 AM

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 agree with him, 2,500$ seems like a fair bottom to me. We have yet to enter the depression fase when even the people who invested in begin 2017 are taking losses that is the moment when everything will go gradually up.

horrifiedx1

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Quote from: asyakashi on December 19, 2018, 04:56:01 AM

Quote from: luispitchler on December 18, 2018, 06:41:59 AM

even fortune tellers who claim they see through their crystal balls can go wrong. there's always sense of mystery in everything..what more with the #crypto market.

I agree it's not the time to predict, to take news from social media in my opinion is unwise and hard to believe. unless the person speaking is someone who has a position or someone who has a big influence on the market. stopped following unknown people and I need positive comments.

of course with good predictions it will strengthen our mentality to keep on trading bitcoin or even add it. indeed this year is a difficult year, but we still have the belief that bitcoin will bring us happiness later. it is difficult to predict, if it does not fit with what is expected, it will attack our psychology.

virasog

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Quote from: matjazsircelj on December 11, 2018, 09:34:01 AM

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 do not believe on his statement. No one can predict the price of bitcoin so precisely as he has tried to do here. Everyone can say his or her perdition about the future bitcoin price as no one can challenge it . So they got more focus on their prediction because these people already well known in the media and any word said by them is viral on social media.

manfredmann

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I do not believe on that market price for bitcoin that will going to happen because as we all know that people are already exhausted on 3K USD and if it will eventually go down to 2k USD then that would be the last market price fluctuation for investors will divert their funds investing on something else that is worthy of their time and effort.

asyakashi

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Quote from: luispitchler on December 18, 2018, 06:41:59 AM

even fortune tellers who claim they see through their crystal balls can go wrong. there's always sense of mystery in everything..what more with the #crypto market.

I agree it's not the time to predict, to take news from social media in my opinion is unwise and hard to believe. unless the person speaking is someone who has a position or someone who has a big influence on the market. stopped following unknown people and I need positive comments.

calya

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Quote from: AntoCokbun on December 18, 2018, 06:03:50 AM

Yes, of course it is an extraordinary achievement if it really happens, but we must always remember that we cannot depend 100% on the track history of the market because sometimes the market is off the track from its history.

but i next 5 years later , many implementation of blockchain .and ofcourse it give positive impact to bitcoin and other cryptocurrency.and i think bitcoin price could hit price that predicted before by many expert.

luispitchler

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even fortune tellers who claim they see through their crystal balls can go wrong. there's always sense of mystery in everything..what more with the #crypto market.

AntoCokbun

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Yes, of course it is an extraordinary achievement if it really happens, but we must always remember that we cannot depend 100% on the track history of the market because sometimes the market is off the track from its history.

cryptomax217

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if all predictions are 100% correct, then it will be a perfect world. this is just a "guesstimate" for me.

matjazsircelj

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Quote from: cellard on December 11, 2018, 12:20:07 PM

I have a collection of really bad predictions and generally bad moves. This one tweet is pretty funny looking back at it now:

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.

With time, we (think) we're more informed, at least the ones close or in the industry. So I expect these kind of (too) early sell-offs will be less and less. Still, wouldn't want to be this guy, or any other of those who sold double or even three digits BTC.

primejia

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Quote from: hatshepsut93 on December 11, 2018, 10:19:39 AM

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.

the cycle that occurs in the world of commerce is usually just a prediction, which cannot be a benchmark in trading, all price increases can only be seen from how much bitcoin demand might be needed in the future, bitcoin demand can only occur if many countries start facilitating bitcoin, things like this can boost market demand for bitcoin, so the number of bitcoin requests will result in rising prices. we can predict by seeing how many countries want to facilitate bitcoin users.

Renaldi blackspadeteam

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Bobby Lee's bitcoin price prediction has made my heart calm, and no longer worried about the FUD news being reported by the media and frightening me, sometimes wary people don't believe this and need proof, but I think this can be an encouragement to continue working in cryptocurrency.

yusupjatigumilar

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I also hope that history will repeat itself as well, indeed when we see a graph of the development of bitcoin prices from the beginning he was born, it always experiences a certain period of crashes and then skyrocketed a few years later after the crash, I also believe that the price movement of a commodity always forms a pattern and always repeats even though the time when it recurs can not be predicted with certainty, but it certainly happens

patarfweefwee

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In my humble opinion, these predictions are basically opinions that are to be taken with a heck of a lot of salt and not as gospel truths. Butnif thisnis true then we can spend this next few months hoarding as much coins as possible so that when the bull market runs, we'll see a rage of income flow coming our way.

sunsilk

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That tweet from Bobby Lee was scattered everywhere on the web and through many crypto/bitcoin online communities. If history does repeat itself then we'll see another bull run.

It can follow the pattern that we've seen before but we can't verify that it will do. The best thing that we can do right now is not to depend with those speculations and have your own position to the market.

sheenshane

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Quote from: Cling18 on December 16, 2018, 10:48:25 AM

We all know that bitcoin is really unpredictable because if that so, there would be lots of billionaires around us. If he is a good predictor, then he should know ahead of time that bitcoin would crash down like this. However, we all have our own opinions and predictions but everything only comes true in time. Patience is the key and things will get better soon.

Yeah right, I saw a lot of predictions but I consider 'em as a reference if which is true. For me, we could not conclude and predict the exact price movement on bitcoin price in the market. Every one of us has a thought on predicting the market, then yes I will agree on you that everything will come true when in time. Wait patiently is the key to success though.

Cling18

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We all know that bitcoin is really unpredictable because if that so, there would be lots of billionaires around us. If he is a good predictor, then he should know ahead of time that bitcoin would crash down like this. However, we all have our own opinions and predictions but everything only comes true in time. Patience is the key and things will get better soon.

cryptocrusher

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Quote from: pinoyden on December 15, 2018, 08:30:35 AM

Quote from: nasipadang on December 15, 2018, 08:14:43 AM

Quote from: matjazsircelj on December 11, 2018, 09:34:01 AM

I don't really believe in things like repeating history, and I don't think that makes sense, why is that? because for me the demand of the community or the crypto holder will develop and become different and it is less likely for history to repeat itself like dejavu.

But what if whales and other manipilators would actually plan this way ? they want people to believe that history can really repeat itself . if that is really the case then i dont know what to do because right now im only depending on bitcoin as my main source of income . im still hopping that manipulators could change their minds and they dont decide with their current plan of dumping the market for a verry long time .

Whales and manipulators do not have absolute control over the market. They cannot increase and decrease price at will because the sheer number of buyers and sellers that there are. They can influence things but they cannot control them. Perfect repetition of history is a fallacy and it's never accurate, even when it may appear that it is.

Captain Sneeze

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Quote from: matjazsircelj on December 11, 2018, 09:34:01 AM

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

There were so many predictions , thoughts and opinions about bitcoin price. It may be good or not but lets just hope for a brighter bitcoin price. We want those predictions to happen but dont expect too much because it is just prediction. However , he has some point too. Lets just be patient amd wait until the price becomes higher this time. Expect less because as you can see bitcoin is still falling but time will come and it will recover. We used to believe predictions , and even experts. But this prediction is pretty cool though. I am hoping about this.

awik p

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Quote from: Sama517 on December 16, 2018, 06:23:32 AM

Quote from: matjazsircelj on December 11, 2018, 09:34:01 AM

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 his prediction comes true, but I don't totally agree with the $333,000 price per Bitcoin in 2021, not even in history. I think we are over exaggerating the value. Such might lead to inflation.

right, I think the price is too far. but what is certain in my opinion for the next 5 years, bitcoin has exceeded the highest price last year. although not as big as the one analyzed above, but price increases make us calm to face the market. especially for those who have been holding it for a long time

netto7

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Quote from: Sama517 on December 16, 2018, 06:23:32 AM

Quote from: matjazsircelj on December 11, 2018, 09:34:01 AM

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 his prediction comes true, but I don't totally agree with the $333,000 price per Bitcoin in 2021, not even in history. I think we are over exaggerating the value. Such might lead to inflation.

i think same as you 2500 can be true in next month before it pump but $333,000 price look like fairy tail of believer.

but who know back in early 2017 when btc price around 1k if anyone say btc will going to 20k surely everyone will say he crazy.

in crypto world very hard to predict everything

Sama517

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Quote from: matjazsircelj on December 11, 2018, 09:34:01 AM

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 his prediction comes true, but I don't totally agree with the $333,000 price per Bitcoin in 2021, not even in history. I think we are over exaggerating the value. Such might lead to inflation.

setialovers

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Its like another prediction about bitcoin price in the future. Hopely that prediction happen and cryptocurrency market cap will reach trillion dollar market cap. I think i will just hold my coin

pinoyden

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Quote from: nasipadang on December 15, 2018, 08:14:43 AM

Quote from: matjazsircelj on December 11, 2018, 09:34:01 AM

I don't really believe in things like repeating history, and I don't think that makes sense, why is that? because for me the demand of the community or the crypto holder will develop and become different and it is less likely for history to repeat itself like dejavu.

But what if whales and other manipilators would actually plan this way ? they want people to believe that history can really repeat itself . if that is really the case then i dont know what to do because right now im only depending on bitcoin as my main source of income . im still hopping that manipulators could change their minds and they dont decide with their current plan of dumping the market for a verry long time .

nasipadang

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Quote from: matjazsircelj on December 11, 2018, 09:34:01 AM

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 don't really believe in things like repeating history, and I don't think that makes sense, why is that? because for me the demand of the community or the crypto holder will develop and become different and it is less likely for history to repeat itself like dejavu.

pat4cryptoreal

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Bitcoin price was normally driven by speculations and predictions by some influential cryptocurrency experts, For some times now most prediction do not come to reality.

kodtycoon

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Yes, it is possible if history will repeat itself for the second time with similar behavior, but I do not expect similar events and the crypto market must have a new history in the near future. If a new history is created, I'm sure the crypto market will be increasingly crowded with the arrival of new investors.

tenakha

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Quote from: matjazsircelj on December 11, 2018, 09:34:01 AM

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?🙂

It is just a possibility and I do not believe the price will move as he says. While tomorrow's price is unknown, a chance is required for the accuracy of the 5 year price prediction. Perhaps there will be greater developments in the future but for now I only give superiority the decisions that will be made in January and February.

nicster551

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Quote from: matjazsircelj on December 11, 2018, 09:34:01 AM

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

Then that would be a long time since I didn't have any funds for me to accumulate for now. Maybe I should try to find a temporary job?

jcarlo

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Many prediction about bitcoin price. Some people predicting bitcoin price will reach $1million and others predicting will reach $250k. I hope that prediction will happen but maybe it will take a long time considering this current market.

maydna

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I am sure many people who hold bitcoin will say that this is the right time to buy bitcoin and they will try to buy bitcoin at the lowest price and then keep it for five years. There are too many predictions about what will happen with bitcoin in 5 years later or so but still, it's a prediction, and we don't know the truth. I am sure after this month, and there will be many other predictions about bitcoin even the bad news that can make many people become panic.

wahyu wida

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Quote from: Lexurdania on December 14, 2018, 08:25:32 PM

Thats prediction could happen and not. If that happen, it will be good for bitcoin holder and most crypto community because altcoin price will be increasing the price too. This year bitcoin surpressed by many negative news and i am believe bitcoin price will recover again.

to recover it takes a long time in my opinion. seeing market has gone down considerably, but indeed 5 years from now it seems enough to change price. of course a break at previous highest price is the main target at the initial step

Lexurdania

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Thats prediction could happen and not. If that happen, it will be good for bitcoin holder and most crypto community because altcoin price will be increasing the price too. This year bitcoin surpressed by many negative news and i am believe bitcoin price will recover again.

SuperbetinIddaaCanli

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Peak out to $333K...I'd love to witness the hysteria of the markets then Shocked

cryptocrusher

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Quote from: jjjfff on December 13, 2018, 08:12:09 AM

Quote from: ganlianshifu1 on December 13, 2018, 08:01:27 AM

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.

MainIbem

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Fully Regulated Crypto Casino

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.

kakonhat

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Crypto in my Blood

Quote from: matjazsircelj on December 11, 2018, 09:34:01 AM

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.

Baby Dragon

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OWNR - Store all crypto in one app.

Quote from: matjazsircelj on December 11, 2018, 09:34:01 AM

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.

pedangrusak

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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

el kaka22

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www.Crypto.Games: Multiple coins, multiple games

Quote from: matjazsircelj on December 11, 2018, 09:34:01 AM

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.

Quote from: coinfinger on December 14, 2018, 01:23:25 AM

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.

coinfinger

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Activity: 1638

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Quote from: matjazsircelj on December 11, 2018, 09:34:01 AM

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.

samycoin

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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.

timotron

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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?

Peashooter

sr. member

Activity: 868

Merit: 257

Quote from: matjazsircelj on December 11, 2018, 09:34:01 AM

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.

Lucius

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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.

Lumi3004

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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.

harizen

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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.

jjjfff

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Crypto.BI

Quote from: ganlianshifu1 on December 13, 2018, 08:01:27 AM

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.

ganlianshifu1

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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!

unusualfacts30

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Quote from: matjazsircelj on December 11, 2018, 09:34:01 AM

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.

matjazsircelj

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Quote from: hatshepsut93 on December 11, 2018, 10:19:39 AM

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

, 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

.

cryptocrusher

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Quote from: The Sceptical Chymist on December 12, 2018, 12:49:50 PM

Quote from: cryptocrusher on December 11, 2018, 10:34:33 AM

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.

1Referee

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Quote from: cellard on December 11, 2018, 12:20:07 PM

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.

The Sceptical Chymist

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Quote from: cryptocrusher on December 11, 2018, 10:34:33 AM

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.

dothebeats

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Cashback 15%

Ahh yes, I remember so many threads and funny tweets from 2014 and 2015, specially here on bitcointalk where everyone thought that $180 is absolutely going downhill to double digits in a few weeks (I can't remember who that permabear was but he was active at the Wall observer thread). But yeah, bitcoin speculation spawns the most obnoxious, hilarious and illogical predictions to date, and I think that this is one part of crypto that you can't remove. We've also seen the rise of the believers of a cyclical market, correlating market cycles from the past and banking hard on the thought that it could well just be a repeat of the previous cycle--in this case it's Bobby Lee.

I guess you should hang out to the Wall observer thread to get a good laugh every now and then. Wink

bettercrypto

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Bitcoin price changes not based on cyclic pattern, but it is based on specilations. This is the problem with the market is that it is volatile in nature and unpredictable. Predictions are just predictions. Everybody here can create their imaginative idea. But, in the end it all depend on us whether to believe them or not.

avikz

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Instead of tweets, I found some old threads of bitcointalk. Funny to read at this point of time,

Thread 1:
Is the rally train leaving the station at $14?

Thread 2:
Price is 6.66

Thread 3:
Massive spike to $7 (then $15.9499) sunday 3PM BST at MtGox

Have fun!

Oceat

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What he just said was just a prediction and there are no bases whether his prediction might come true or not I only believe that it is all up to the market. Someone, before who, did predict what was the outcome of Bitcoin price but they all fail and what they expect was totally the opposite of what they wished.

Morpexmorpex

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bokser

Quote from: matjazsircelj on December 11, 2018, 09:34:01 AM

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

what the too unrealistic forecasts about 333000$ for one year.although all can be but all same. this is the market and can jump anywhere in any direction. my prediction is that bitcoin will be weakened at all. due to the market situation

Xardasim

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Quote from: hatshepsut93 on December 11, 2018, 10:19:39 AM

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.

You are absolutely right. Without any analysis everyone is doing price analysis. There have also been traders who estimated the price of 50k or more for this year but now there is no one. I agree it is just guessing and there is nothing exact but by what way did he come to this conclusion?

kryptqnick

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Join the world-leading crypto sportsbook NOW!

Quote from: hatshepsut93 on December 11, 2018, 10:19:39 AM

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.

There surely is not. Bitcoin has been seriously up and down more than twice and it took different amounts of time to recover and reach the new ath. Getting attached to some latest drop before the one we had this year is an empty groundless speculation.
I think it would be interesting to take a look at price speculations from the past now to see whether they were accurate at all. Okay, people mostly seemed optimistic about bitcoin between 2014 and 2015, but the predictions were really long-term, so we still have to wait to check them. But look at this sweet and very far from truth prediction: https://bitcointalksearch.org/topic/chart-my-prediction-about-bitcoin-price-from-2015-to-2017-1078976. That guy thought that a bit more than $1.2k would be great for bitcoin in December 2017! Unfortunately, though, if we take a look at the news from 2014th drop, it seems like people were staying optimistic, while a lot of negative predictions are available now. That's probably because back then only true enthusiasts cared about cryptos and now there are lots of egocentric business people who don't care about anything but fast high profits.

ATMD

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Merit: 12

Quote from: cryptocrusher on December 11, 2018, 10:34:33 AM

Quote from: hatshepsut93 on December 11, 2018, 10:19:39 AM

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.

Hope is about the best reason I can think of. BTC will be no different to any other market that eventually it finds a somewhat stable price point. 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.

Hope springs eternal

BestSSS

jr. member

Activity: 434

Merit: 4

The same Bobby Lee recently talked about very different numbers, and now that the price has slipped logically that the view has changed dramatically.

cellard

legendary

Activity: 1372

Merit: 1252

I have a collection of really bad predictions and generally bad moves. This one tweet is pretty funny looking back at it now:

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.

cryptocrusher

full member

Activity: 420

Merit: 136

Quote from: hatshepsut93 on December 11, 2018, 10:19:39 AM

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.

Hope is about the best reason I can think of. BTC will be no different to any other market that eventually it finds a somewhat stable price point. 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.

hatshepsut93

legendary

Activity: 3024

Merit: 2148

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.

Olaiasal11

copper member

Activity: 267

Merit: 1

I saw her tweet. Mr. Bobby lee usually has an opinion poll. It may or may not be. He made predictions about Bitcoin's previous history.

matjazsircelj

member

Activity: 182

Merit: 10

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

Topic: Bitcoin price predictions from Twitter 5 years from now (Read 1205 times)