Bitcoin price should be $14,000 - Tom Lee - page 3.

Ranly123

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Quote from: bbc.reporter on April 04, 2019, 08:51:45 PM

Is Tom Lee's outlook correct? Should bitcoin be priced on $14,000?

Also, observe how, according to the article, that Tom Lee has expressed doubt if $14,000 is attainable for 2019. That might be a delicate signal that bitcoin might attain $14,000 this year hehehehe.

Prominent Bitcoin bull and Fundstrat Founder Tom Lee has mentioned during a CNBC Squawk Box program earlier today that Bitcoin is way below its ideal value. He said Bitcoin is only trading at 40% of its actual price despite the price surge experienced in the last few days.

Many have tried to explain the surge with Bloomberg saying it is due to the April Fool’s joke that the SEC approved Bitwise and VanEck ETF applications. Lee, however, thinks differently:

“Finally, we had a big move on Apr. 1. It wasn’t clear what caused it, but it was a shred of real evidence that there is a lot of dry powder, The crypto community kept a lot of cash and was waiting for Bitcoin to break $3,000.”

Although he believes $14,000 is the right price for Bitcoin right now, Lee expressed doubt that the price is attainable by the end of 2019. The bull run is still early and so is the year, and from every indication, the surge is still brewing with a potential to amass more gains in the next few weeks. Hopefully, Tom Lee’s “ideal” price will become a reality eventually.

Read in full https://zycrypto.com/bitcoin-bull-tom-lee-says-bitcoin-should-be-valued-at-14000/

If he believes that Bitcoin price should be $14k, then maybe we can wait for another correction. That is if his assumption is true. Maybe in the coming years, we will again reach that $14k price or even higher.

Lawrenzoo

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Quote from: barota on April 12, 2019, 11:50:20 AM

Bitcoin price should be $2000------3000$ per btc because . the problem of bch fork does not end and mtgox dump too
This is an opportunity to sell
The huge whale always gives a chance
Small fish should take advantage of opportunities

The target of whale is not money Because he owns a house And eating For this reason the prices are very volatile
if you already buy bitcoin under 4000$ per btc , sell it now Before the dump comes too huge

Can you just hear yourself, it is very obvious that you are just trying to create FUD, how many of things like this have I seen, these same advise was still given 2 months ago, look at where the system is now, we went the opposite as against what was predicted.

talkbitcoin

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Quote from: barota on April 12, 2019, 11:50:20 AM

Bitcoin price should be $2000------3000$ per btc because . the problem of bch fork does not end and mtgox dump too

neither of those two are even problems!
BCH stopped being an actual problem in first month that it was created (mid 2017) and has only been a drama for newbies to spread FUD about bitcoin.
as for MtGox the only time it was an actual problem was back in 2013 when they really manipulated the price and their exit crashed the market. there has been no problem coming from them ever since. don't confuse the bullshit online about them selling and causing the $20k crash with them being a problem that had nothing to do with the drop!!!

Quote

This is an opportunity to sell

feel free to sell YOUR coins.... oh wait...

barota

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Bitcoin price should be $2000------3000$ per btc because . the problem of bch fork does not end and mtgox dump too
This is an opportunity to sell
The huge whale always gives a chance
Small fish should take advantage of opportunities

The target of whale is not money Because he owns a house And eating For this reason the prices are very volatile
if you already buy bitcoin under 4000$ per btc , sell it now Before the dump comes too huge

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Quote from: rafi035 on April 12, 2019, 07:44:30 AM

Quote from: Aryleeto on April 12, 2019, 07:03:10 AM

Quote from: Rana590 on April 10, 2019, 12:00:16 PM

I think also that it is very possible to reach $14k. Bitcoin is leading crypto currency market. It is the boss of all the cryptocurrency. Bitcoin will be unbeatable by any other coin. Anything is possible for it and thus $14k is not big amount.

Bitcoin has already reached 14000 and even 19000 , I think these figures will be in the future , but I do not think that this year we will see these figures , yet the trend is very weak for us to go so hard to grow

Remember that BTC will grow slowly, all prices will be fixed in the beginning of 2017 again where there is a glorious time for bitcoin, but I think we need a lot of time and don't fantasize in the near future.

well, if you think, I also feel that the price of bitcoin should be able to reach that price. yeah, but right now you're right. Bitcoin prices may start to rise slowly. well, even the highest current price is $ 5300. I think, when the price of bitcoin can stabilize at prices above $ 5500 for this month, it will be very interesting.

rafi035

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Quote from: Aryleeto on April 12, 2019, 07:03:10 AM

Quote from: Rana590 on April 10, 2019, 12:00:16 PM

I think also that it is very possible to reach $14k. Bitcoin is leading crypto currency market. It is the boss of all the cryptocurrency. Bitcoin will be unbeatable by any other coin. Anything is possible for it and thus $14k is not big amount.

Bitcoin has already reached 14000 and even 19000 , I think these figures will be in the future , but I do not think that this year we will see these figures , yet the trend is very weak for us to go so hard to grow

Remember that BTC will grow slowly, all prices will be fixed in the beginning of 2017 again where there is a glorious time for bitcoin, but I think we need a lot of time and don't fantasize in the near future.

Aryleeto

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Quote from: Rana590 on April 10, 2019, 12:00:16 PM

I think also that it is very possible to reach $14k. Bitcoin is leading crypto currency market. It is the boss of all the cryptocurrency. Bitcoin will be unbeatable by any other coin. Anything is possible for it and thus $14k is not big amount.

Bitcoin has already reached 14000 and even 19000 , I think these figures will be in the future , but I do not think that this year we will see these figures , yet the trend is very weak for us to go so hard to grow

talkbitcoin

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Quote from: exstasie on April 10, 2019, 04:09:05 PM

Quote from: Bardman on April 10, 2019, 01:42:11 PM

Tom Lee is an idiot - Me.

How many times has this guy been wrong in the past year? Even after changing his prediction several times he was still horribly wrong, why would anyone listen to that buffoon? He is just someone that gets paid to say whatever gives the most views, he doesn't give a fuck.

Unlike some CNBC talking heads, I don’t think that’s his main motivation. It’s more about his company Fundstrat, which provides portfolio strategy/management and may even run a fund (not sure) and has been pushing a hyper bullish strategy on its clients since the 2017 run.

I get the feeling some of his clients (and former clients) are mighty unhappy with his analysis in 2018. So he keeps revising his analysis and saying, “it’s still coming!” And he’s right about that, he’s just horrible at timing.

but that has to be bad for his business though!
it may work for a little while to lull people into thinking their "portfolio" or the bags they were holding is going to pay off because the owner of the company is telling them so nonstop but eventually they all realize that he was full of it all this time while they kept on losing money. (i am assuming "portfolio" in his company includes altcoins too which is the worst part since most of them are going to recover ever again)

BitcoinPanther

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Quote from: omonuyak on April 11, 2019, 09:41:16 AM

It is possible and I agree with Tom Lee on this and that is a sign that we can still invest now and makes good profits in future. Many of us that has been trading this market do understand that cryptocurrencies market has been up and down and if we decided to invest now we would surely get profit.

With all his failed prediction? I do not think it is possible for $14k this year, probably months after the halving next year. I believe people look at this kind of news to uplift them since we all know that bear market had exhausted almost all the investors holdings value. It would be great if this thing happen and I that I was wrong. But reality involve, people are not that much affected by this kind of news anymore. There must be a solid news, development and partnership before the market go up that high. Besides, there is always an opposing factor every time Bitcoin market goes up. Just like now, China announces its plan to shutdown minings, great timing when Bitcoin market is just starting to get bullish.

beerlover

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Quote from: omonuyak on April 11, 2019, 09:41:16 AM

It is possible and I agree with Tom Lee on this and that is a sign that we can still invest now and makes good profits in future. Many of us that has been trading this market do understand that cryptocurrencies market has been up and down and if we decided to invest now we would surely get profit.

We just need more of these type of news to flood the social media, so that it can generate more attention and make more investors come in, including the already existing one, and aside the FOMO this news will create, I also believe that bitcoin will get so close to the price predicted by Tom Lee this year, even if it does not get full compliance.

But, at least on a 70% achievement, so we still need to invest now , if we still have room for more fiat, the markets has lots of accommodation available for more fiats, and something tells me that before the end of June, we should have already achieved half of this prediction and this half will further create FOMO to achieve the remaining parts.

omonuyak

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It is possible and I agree with Tom Lee on this and that is a sign that we can still invest now and makes good profits in future. Many of us that has been trading this market do understand that cryptocurrencies market has been up and down and if we decided to invest now we would surely get profit.

exstasie

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Quote from: Bardman on April 10, 2019, 01:42:11 PM

Tom Lee is an idiot - Me.

How many times has this guy been wrong in the past year? Even after changing his prediction several times he was still horribly wrong, why would anyone listen to that buffoon? He is just someone that gets paid to say whatever gives the most views, he doesn't give a fuck.

Unlike some CNBC talking heads, I don’t think that’s his main motivation. It’s more about his company Fundstrat, which provides portfolio strategy/management and may even run a fund (not sure) and has been pushing a hyper bullish strategy on its clients since the 2017 run.

I get the feeling some of his clients (and former clients) are mighty unhappy with his analysis in 2018. So he keeps revising his analysis and saying, “it’s still coming!” And he’s right about that, he’s just horrible at timing.

hyunee

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Given that he said that $14,000 would be the target price of bitcoin this year. Why didn't he included what is the reason for this kind of speculation? It would be better for us to know the reason behind that for better understanding and for us to believe more on that prediction.

Bardman

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Tom Lee is an idiot - Me.

How many times has this guy been wrong in the past year? Even after changing his prediction several times he was still horribly wrong, why would anyone listen to that buffoon? He is just someone that gets paid to say whatever gives the most views, he doesn't give a fuck.

bitcoinisbest

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Quote from: Rana590 on April 10, 2019, 12:00:16 PM

I think also that it is very possible to reach $14k. Bitcoin is leading crypto currency market. It is the boss of all the cryptocurrency. Bitcoin will be unbeatable by any other coin. Anything is possible for it and thus $14k is not big amount.

We can see that happening this year as market are getting in a good shape and price is rising and have reached by 5300$ . So people who had holded the coin by now will eventually gain the maximum benefit from it and make money.

Rana590

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I think also that it is very possible to reach $14k. Bitcoin is leading crypto currency market. It is the boss of all the cryptocurrency. Bitcoin will be unbeatable by any other coin. Anything is possible for it and thus $14k is not big amount.

Questat

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Quote from: Bagaji on April 09, 2019, 02:02:43 PM

With the current market trend of Bitcoin it is expected that in no time from now its market value will appreciate more than your prediction of $14,000 though anything can happen in the crypto currency market. This is just my opinion though.

This amount is high if we did not pump to the current price.
Now, it seems very possible to achieve even in short term, we got 20% increase in 24 hours, and therefore we can expect
that a lot of pump will happen within this year. We will know if the price is undervalued or not, depending on the next market trend.
We cannot tell we will have that this year, but least the chance now is brighter compared to the past year.

Bagaji

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With the current market trend of Bitcoin it is expected that in no time from now its market value will appreciate more than your prediction of $14,000 though anything can happen in the crypto currency market. This is just my opinion though.

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Quote from: bitcoin31 on April 09, 2019, 07:20:30 AM

A lot of prediction now cames because market rise again and I noticed all of this is positive and very high which is very nice to see.
14,000 is good and we can earn more money on that value again this is big achievement to us we back again that value.

so far I only hope that this prediction is right, or close to the actual price. we know that the development of bitcoin continues to occur today. so, I think that doesn't rule out the possibility that the price of bitcoin can be more than $ 10000.

bitcoin31

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A lot of prediction now cames because market rise again and I noticed all of this is positive and very high which is very nice to see.
14,000 is good and we can earn more money on that value again this is big achievement to us we back again that value.

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