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Topic: Bitcoin price ready to increase ~$25 USD per day during this year. - page 2. (Read 4116 times)

hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!
Well, it is really unbelievable think, that bitcoin will be increase $25 per day. If you tell bitcoin will be increased $25 per month than may be i believe you, but as you said it will not be true. Also 3 years not a long period, so let see what will be happened in future with bitcoin.
hero member
Activity: 1456
Merit: 624
Maintain Social Distance, Stay safe.
Even the bitcoin price is increasing 15$ per day,its not enough to drive bitcoin price to $10k. 2000$ is the highest price of bitcoin after 3 years. And the price of bitcoin will be doubled every 3 years.
Its still depends in demand and supply there are no assurance about $15 or $25 you can seen the price movement and spikes running this year.. or this month that we are just seeing small or slow movement of the price..
And the price of bitcoin are always depending in demand and supply.. like other analysis by traders the movement will be just the same as last year that i think $25 per day are impossible to happen..
legendary
Activity: 1372
Merit: 1252
And if that new prophecy won't fulfill itself by 2018, then Tim Draper will simply say that it might take yet another year to come true?
Let's face it - he assumed after that ATH pump in 2013 that bitcoin will double its value and repeat that pump cycle again every year.
Now we know that this clearly won't happen.

Well, so far we are pumping pretty good. Now we only need to keep this rate of growth for another 330 days and we are set. With that being said, I doubt we will see $10,000 this or next year, but never say never, mindblowing new economy like bitcoin grows exponentially, our brains are not wired to fathom how much this thing can fucking grow.
vip
Activity: 1428
Merit: 1145
It's too optimistic. Possible for it to change dramatically in a day when something happens in China but a sustained climb like that everyday seem unlikely. My concern if that should happen is that might reduce the number of people that can actually buy bitcoins.

Sure it's too optimistic, hence converting the prediction into an equation in the OP to demonstrate how obscure the prediction truly is.
hero member
Activity: 1008
Merit: 500
Even the bitcoin price is increasing 15$ per day,its not enough to drive bitcoin price to $10k. 2000$ is the highest price of bitcoin after 3 years. And the price of bitcoin will be doubled every 3 years.
hero member
Activity: 966
Merit: 506
Nothing is guaranteed about the future especially when it comes to bitcoin. Surely, bitcoin will make its way to the top and reach high price in this year but do you think that bitcoin increasing $25 per day is some kind of fairy tale? I mean its price would go sky high but it won't have a steady rise like that, it will fluctuating dramatically before reaching its goal.
Yeah, impossible yet the chance is there since we are growing in population and being known all over the world, though it was predicted years ago we hope that bitcoin value will reach that amount, and an increase of $25 will be great if so.
hero member
Activity: 1176
Merit: 509
A $25 per day increase in bitcoin price is too much but I can't say that it is impossible if we will consider the current value of bitcoin and how it increased this past few weeks! If ever that will happen, that will be beneficial for us and it is much better to save bitcoin now before that $25 daily increase will happen Wink
hero member
Activity: 1764
Merit: 584
It's too optimistic. Possible for it to change dramatically in a day when something happens in China but a sustained climb like that everyday seem unlikely. My concern if that should happen is that might reduce the number of people that can actually buy bitcoins.
sr. member
Activity: 291
Merit: 250
25$/day is way too much. Yet another silly prediction.
There's too much hope in the price and I fear that it may be far from justified.
Yes, it looks too much to bitcoin add 25$ daily. But look on the price! It's already 980$ by now and yesterday the price was 930$. Looks like the prediction is coming true!

OK, let's talk again of this in 30 days. If Bitcoin will be 980+(30*25)=1730$ then I will come and apologize. Deal?
hero member
Activity: 1078
Merit: 514
25$/day is way too much. Yet another silly prediction.
There's too much hope in the price and I fear that it may be far from justified.
Yes, it looks too much to bitcoin add 25$ daily. But look on the price! It's already 980$ by now and yesterday the price was 930$. Looks like the prediction is coming true!
sr. member
Activity: 280
Merit: 253
Theoretically, it is possible. Right now, only around 1 million people are using BTC. Imagine what will happen if 25 million individuals invest $10,000 each in Bitcoin. That will mean a market cap of $250 billion, and an exchange rate of around $15,000 per coin.
Yes theoretically everything could happen. You should play the lottery, since theoretically you could win. Bitcoin took 8 years to go from 0 to 1 million, so the next 24 million (2 million per month) should be a piece of cake. And who would not have $10,000 each to spare just to invest in Bitcoin. It is almost done. Theoretically speaking.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
Theoretically, it is possible. Right now, only around 1 million people are using BTC. Imagine what will happen if 25 million individuals invest $10,000 each in Bitcoin. That will mean a market cap of $250 billion, and an exchange rate of around $15,000 per coin.
hero member
Activity: 1260
Merit: 524
https://cointelegraph.com/news/bitcoin-price-will-reach-10000-might-take-another-year-tim-draper

Quote
Three years ago, Draper predicted the Bitcoin price to reach $10,000 by now. He remains optimistic regarding the increasing Bitcoin value and expects it to reach $10,000 in a year:

“I predicted a $10000 price on Bitcoin in three years about three years ago. Might take another year.”

That equates to 9,000/365 = $24.66 per day. Luckily, the blockchain is now able to handle all them transactions. It is able to ain't it? Surely, them behind-close-doors meetings were producing such solutions, attendees only taking breaks to advance a rumor or two as fodder for respective trade rags, eh?

So as per the calculation of this prediction you mean to say is per day increase in price of bitcoin $25 will achieve the target of 10k price but if their is any bad news then it can go reverse also, so this are all guessing equations which cannot be said in reality but what lies in future is never been able to imagine.

Hope this happen and i become more rich.
legendary
Activity: 1918
Merit: 1728
I thought technology and astrology are enemies but it is always lovely to hear such news. So, we got Tech Astrologers too who can predict the bitcoin future!
This is really absurd! Bitcoin is a product of 'perfect competition'. Its price increase or decrease with general trend followed by its users. Neither a single seller nor the single buyer can influence its price. So it is nearly joke to predict its future atleast without any conclusive factor!
sr. member
Activity: 291
Merit: 250
25$/day is way too much. Yet another silly prediction.
There's too much hope in the price and I fear that it may be far from justified.
sr. member
Activity: 280
Merit: 253
Predictions are stupid as we all know, but we love them, especially if someone tells us some insane number, we want to believe. But such a high rise would go with many drop as people would try to sell their Bitcoins to make a profit.
If you want to see a dramatic change in price, then you should hope for a dramatic change in the Bitcoin economy or the world and i do not see the former, so only the latter seems possible and this would mean Bitcoin is a safe haven not a revolutionary currency.
vip
Activity: 1428
Merit: 1145
https://cointelegraph.com/news/bitcoin-price-will-reach-10000-might-take-another-year-tim-draper

Quote
Three years ago, Draper predicted the Bitcoin price to reach $10,000 by now. He remains optimistic regarding the increasing Bitcoin value and expects it to reach $10,000 in a year:

“I predicted a $10000 price on Bitcoin in three years about three years ago. Might take another year.”

That equates to 9,000/365 = $24.66 per day. Luckily, the blockchain is now able to handle all them transactions. It is able to ain't it? Surely, them behind-close-doors meetings were producing such solutions, attendees only taking breaks to advance a rumor or two as fodder for respective trade rags, eh?

We all so wish it increases by that margin on a daily basis but realistically and historically looking at the first month of the year it's been a forward and backward dance and so I don't really feel it will soar up by $25 daily but it can of course rise by that margin some days.

Bitcoin can be very volatile my friend. We have seen massive increases and decline in price, within a few hours. The smallest thing, sends the traders into a panic frenzy and then the bots kick in and everything goes to shit around here. A Chinese government official can only fart in his office, and it starts a ripple affect and eventually ends in a shit storm.

I do not think a increase like this will happen over a long period, it will happen in several days after a major announcement. ^smile^  

Conversely, a third-party payment provider's CCO can leak info about one of it's well-to-do client's recent purchases, picked up by periodicals around the globe, to send exchange participates into a buying frenzy. See https://bitcointalksearch.org/topic/speaking-of-sensationalized-news-1767039 if not versed as to what I'm alluding to.
hero member
Activity: 518
Merit: 500
Nothing is guaranteed about the future especially when it comes to bitcoin. Surely, bitcoin will make its way to the top and reach high price in this year but do you think that bitcoin increasing $25 per day is some kind of fairy tale? I mean its price would go sky high but it won't have a steady rise like that, it will fluctuating dramatically before reaching its goal.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
https://cointelegraph.com/news/bitcoin-price-will-reach-10000-might-take-another-year-tim-draper

Quote
Three years ago, Draper predicted the Bitcoin price to reach $10,000 by now. He remains optimistic regarding the increasing Bitcoin value and expects it to reach $10,000 in a year:

“I predicted a $10000 price on Bitcoin in three years about three years ago. Might take another year.”

That equates to 9,000/365 = $24.66 per day. Luckily, the blockchain is now able to handle all them transactions. It is able to ain't it? Surely, them behind-close-doors meetings were producing such solutions, attendees only taking breaks to advance a rumor or two as fodder for respective trade rags, eh?

We all so wish it increases by that margin on a daily basis but realistically and historically looking at the first month of the year it's been a forward and backward dance and so I don't really feel it will soar up by $25 daily but it can of course rise by that margin some days.

Bitcoin can be very volatile my friend. We have seen massive increases and decline in price, within a few hours. The smallest thing, sends the traders into a panic frenzy and then the bots kick in and everything goes to shit around here. A Chinese government official can only fart in his office, and it starts a ripple affect and eventually ends in a shit storm.

I do not think a increase like this will happen over a long period, it will happen in several days after a major announcement. ^smile^  
hero member
Activity: 854
Merit: 522
https://cointelegraph.com/news/bitcoin-price-will-reach-10000-might-take-another-year-tim-draper

Quote
Three years ago, Draper predicted the Bitcoin price to reach $10,000 by now. He remains optimistic regarding the increasing Bitcoin value and expects it to reach $10,000 in a year:

“I predicted a $10000 price on Bitcoin in three years about three years ago. Might take another year.”

That equates to 9,000/365 = $24.66 per day. Luckily, the blockchain is now able to handle all them transactions. It is able to ain't it? Surely, them behind-close-doors meetings were producing such solutions, attendees only taking breaks to advance a rumor or two as fodder for respective trade rags, eh?
Interisting use analysis fundamental for making prediction it is good for long time Investment in bitcoin,
unfortunately i don't use it for short Investment, I used analysis technical and thanks for your analysis.
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