NO ONE knows what bitcoin will do, after all it is just a matter of some people buying or selling bitcoin suddenly.
If a whale with 30k bitcoins to his name (there are few of them around) decide to sell all of it, then we are done. Even binance itself makes so much bitcoin as a profit that people forget they would have to cash out eventually, they have thousands of bitcoins every single day from trading fees and withdrawal fees so they need to sell that to dollars or euros or whatever they need and get some of it back in fiat to pay for stuff like taxes and salaries and what not.
Finally, there is no possible way anyone could know what bitcoin will do because some rich person could make it $15k or $5k in matter of moments if they ever want to manipulate the market.
Topic: Bitcoin price would touch $16K soon- By Binance CEO Changpeng Zhao - page 2. (Read 530 times)
November 02, 2019, 10:59:23 AM
November 02, 2019, 10:40:53 AM
That prediction could have happened because the one who said was Changpeng Zhao CEO Binance he had better expertise than us so it was more in the direction where bitcoin would occur $ 16k is the right price for the next few months.
Maybe 1.4 billion people will continue to work and will buy bitcoin because China already has instructions on adopting a blockchian.
Maybe 1.4 billion people will continue to work and will buy bitcoin because China already has instructions on adopting a blockchian.
November 02, 2019, 09:52:52 AM
Seems like it's not easy to escape this guy or his exchange. I don't really know why I dislike him, to be fair, he's a little more humble than most, and doesn't seem to mind taking the piss at himself, but maybe because he's such a Chinese businessman (and I mean that with all due respect haha).
But point stands. Anyone can predict and a lot of people do. Silly to play the game unless you really ARE playing the game. Like the one good old micgoosen does every quarter;)
But point stands. Anyone can predict and a lot of people do. Silly to play the game unless you really ARE playing the game. Like the one good old micgoosen does every quarter;)
And with all due respect, when a Chinese businessman computes, he computes it thoroughly and modestly. I mean, Chinese businessmen do not compute out of thin air. They do not invent figures that are far-fetched. They do the computation the way they do real business computation using an abacus.
There are others who are also computing. John McAfee has his own computations that are claimed to be infallible. Mike Novogratz has also his own computations. Frankly speaking, they are both saying hollow blah blah blahs, at least as far as their Bitcoin price predictions are concerned. CZ's figure is at least attainable as regards most individuals' expectations.
November 02, 2019, 09:44:20 AM
Bruh. Predictions are easy enough, I could predict a lot but that isn't really what we are looking for in predictions. We look at the time, at its when.
Right, which is why this is a garbage prediction, nothing more than a pump attempt and very odd coming from the ceo of binance. I'm puzzled as to why he would predict $16,000 for bitcoin but not tell us when he thinks it will hit that mark. I agree that bitcoin will get there, but it could be next year, the year after...who knows, right?That 1.4 billion people reference probably means Chinese people? In any case I think he's wrong, because I *very* much doubt there are even that many people on the face of the earth who even know about bitcoin, much less own it. This gentleman seems to be talking out of his ass here, and some people really should limit their twitter usage.
November 02, 2019, 09:41:39 AM
I don't think it has anything to do with China's DCEP.
He's referring to Binance's launch of peer-to-peer CNY markets for BTC, ETH, and Tether. They are also supposed to be launching a Chinese OTC platform any day now.
https://cointelegraph.com/news/binance-launches-p2p-trading-for-chinese-yuan
He's referring to Binance's launch of peer-to-peer CNY markets for BTC, ETH, and Tether. They are also supposed to be launching a Chinese OTC platform any day now.
https://cointelegraph.com/news/binance-launches-p2p-trading-for-chinese-yuan
If he mentioned that 1.4 billion people working on that, it is quite clear that he thinks China will have an impact on price very soon. They have launch peer-to-peer last month, and by CZ they have “few million dollars a day” of volume. So this thing is live and running, and Binance is coming back to Beijing with the opening of their office.
It is more than obvious that there have been major positive changes between one of the largest crypto exchange and the Chinese government. I don't think CZ said anything like this by heart, but he is already fairly certain that money from China will flow in the BTC direction again.
https://www.coindesk.com/binance-to-open-beijing-office-amid-chinas-renewed-blockchain-push
November 02, 2019, 09:30:50 AM
Seems like it's not easy to escape this guy or his exchange. I don't really know why I dislike him, to be fair, he's a little more humble than most, and doesn't seem to mind taking the piss at himself, but maybe because he's such a Chinese businessman (and I mean that with all due respect haha).
But point stands. Anyone can predict and a lot of people do. Silly to play the game unless you really ARE playing the game. Like the one good old micgoosen does every quarter;)
But point stands. Anyone can predict and a lot of people do. Silly to play the game unless you really ARE playing the game. Like the one good old micgoosen does every quarter;)
November 02, 2019, 09:25:47 AM
Price predictions from Binance CEO Changpeng Zhao, he think it's very easy to predict about bitcoin price but just matter of time. According to him Bitcoin will touch $16K soon. And I believe prediction of "Changpeng Zhao" is more potential from some other.
I am bit confused about second part of Twitte regarding 1.4 billion people. Does he mention about DCEP coin ? Which is going to launch by Chinese Central Bank ?
I am bit confused about second part of Twitte regarding 1.4 billion people. Does he mention about DCEP coin ? Which is going to launch by Chinese Central Bank ?
He is clearly referring to the Chinese people. That's a huge sleeping market for now. But that has already been somehow awakened by the announcement of their very own President Xi Jinping. That support statement to the blockchain technology is gonna cause a ripple across China that will somehow bring the message that Bitcoin is legit since Bitcoin is the twin of blockchain.
He does not refer to the DCEP coin. I bet CZ is against it deep inside him.
November 02, 2019, 09:20:57 AM
Price predictions from Binance CEO Changpeng Zhao, he think it's very easy to predict about bitcoin price but just matter of time. According to him Bitcoin will touch $16K soon. And I believe prediction of "Changpeng Zhao" is more potential from some other.
I am bit confused about second part of Twitte regarding 1.4 billion people. Does he mention about DCEP coin ? Which is going to launch by Chinese Central Bank ?
That's cool but what exactly is the date? CZ was right it is easy to say such prediction but no one can prove it or even tell when is the right time. Maybe this coming December or in this coming 2020 we will going to see that price. I also believe on CZ prediction since he could barely tells a prediction but it was on point. I am bit confused about second part of Twitte regarding 1.4 billion people. Does he mention about DCEP coin ? Which is going to launch by Chinese Central Bank ?
November 02, 2019, 08:42:16 AM
He speak the truth, it's true that easy to predict bitcoin price based on the market sentiment towards some circumstances in the future, even without any institutional investors or bitcoin futures, bitcoin will rise slowly but steady, but that's not the condition in the crypto sphere these days.
Bitcoin surely will reach $16K but we don't know the exact time when it takes place, probably this month, next month or even some point in 2020.
Bitcoin surely will reach $16K but we don't know the exact time when it takes place, probably this month, next month or even some point in 2020.
November 02, 2019, 08:25:50 AM
He's referring the Chinese Government own-crypto.
Changpeng Zhao is way above our levels and that's why IMO he can be right. My only concern is Chinese Gov to not go very hard against any other crypto in an attempt to impose a hard adoption on their own coin.
Changpeng Zhao is way above our levels and that's why IMO he can be right. My only concern is Chinese Gov to not go very hard against any other crypto in an attempt to impose a hard adoption on their own coin.
November 02, 2019, 08:15:18 AM
Another well-known person that has a prediction on the price of bitcoin. Anybody can predict the price of bitcoin and it is easy to say but hard to happen. The 16,000$ per bitcoin is possible but it takes a couple of months to achieve. Even there any many people speak on that price still the price of bitcoin is unpredictable. Lastly, do you think at the end of this year we might see the 16,000$ per bitcoin? because for me, even though we do not see that price I want to see a good price before we end this year.
November 02, 2019, 07:43:24 AM
I am bit confused about second part of Twitte regarding 1.4 billion people. Does he mention about DCEP coin ? Which is going to launch by Chinese Central Bank ?
CZ started losing credit the time when he started Shilling BNB. If you have a good product you don't need to tell people to buy it. We know he is one of the big investors in Bitcoin & trying very hard to move the price up. Probably he didn't sell at ATH in 2017 and lost patience. Another thing came in mind when big investors like him predict the price like that 2x in a few months. Looks like CZ is started selling or trying too hard.
Bitcoin price always goes opposite what mainstream media predict price movement.
November 02, 2019, 07:16:32 AM
I don't trust in any analysis, because there's no sense to predict the price of BTC unless for fun, we can follow some trends to maximize our chance of profits, but it's good when an important person like him says BTC will increase in price because people will be more confident to invest
November 02, 2019, 06:55:31 AM
14 million people will make the price of bitcoin up to $16,000 soon ,I'm happy if that happens fishing whales with a group of whales ,the statement would certainly make people suspicious and take action based on his predictions but below that price
November 02, 2019, 06:52:43 AM
Binance CEO Changpeng Zhao predicting the price of bitcoin is very rare and remarkable unlike Tom Lee who is synonymous with spilling out unrealistic predictions I am convinced that Binanace CEO must have done his home work ie analysis before making such a statement he has indirectly attributed one of the fundamental reasons tied to his prediction on 1.6 billion people which I believed is coming from china I hope his prediction come to pass its gonna be a huge boast to bitcoin hodlers and its very obvious other altcoin will be bullish too.
November 02, 2019, 06:24:44 AM
And I believe prediction of "Changpeng Zhao" is more potential from some other.
Don't be fooled by his position--he doesn't know what bitcoin's going to do any more than the rest of us guessers can predict. I'm kind of surprised that the CEO of an exchange would be publicly speculating on the price of bitcoin, because that seems like a little bit of a conflict of interest to me.Makes me wonder if he would have made an extremely bearish prediction if bitcoin was headed toward sub-$7k levels. I have a feeling that he'd keep his mouth shut.
considering it’s coming from Binance CEO himself there’re chances we may see something big happening in coming days.
Meh, I doubt it. And if bitcoin does experience a dramatic rise I don't think it's because of his statements or that he knew it was going to happen for sure. Not that I'd be complaining either way, mind you. lolWas suppose to say that same thing where we should not be blinded because of his current position in the market. Anyone can predict no matter how reputable or just an average joe. Usually on these kind of news can either make some Fomo or not to the community. If a trader that do always matter with fundamentals then surely he would utilize this one. Its a matter of choice though because these big personalities doesnt commonly give out predictions.
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November 02, 2019, 06:23:44 AM
CZ is a shill artist same with his BFF justin sum and uncle McAfee. They always post some kind of hype news for BTC then count 2 to 3 weeks then price will go opposite. I believe he currently setup long position on leverage trading then after he take profit. He will be silently dump again the market. 
November 02, 2019, 06:21:01 AM
price will reach $20k soon and will move way beyond that but it won't be because of what this guy thinks...
November 02, 2019, 05:49:57 AM
Price predictions from Binance CEO Changpeng Zhao, he think it's very easy to predict about bitcoin price but just matter of time. According to him Bitcoin will touch $16K soon. And I believe prediction of "Changpeng Zhao" is more potential from some other. I am bit confused about second part of Twitte regarding 1.4 billion people. Does he mention about DCEP coin ? Which is going to launch by Chinese Central Bank ?
The guy must be referring to China and its potential impact to Bitcoin if ever the country will soon recognize Bitcoin as part of its overall vision of becoming the first country to ever launch a very successful state-controlled and centralized cryptocurrency. China may choose to recognize Bitcoin so that people can be buying its own cryptocurrency en masse. Looks like we have intelligent people now manning the cryptocurrency project of China.
About CZ, he seldom makes a prediction much more with Bitcoin and that is why many are looking at him as more credible and more believable. But as what he himself said, making predictions is the easy part making them come true can be another story. I know that you and I can also be making any predition but we do not have the stature which CZ is holding. Who knows this can even be a self-fulfilling prophecy besides $16K is not that hard for Bitcoin to achieve, anyway.
The bottomline: Let's see what will be whether this good prediction can be coming true. Only time can tell.
November 02, 2019, 03:20:58 AM
Bruh. Predictions are easy enough, I could predict a lot but that isn't really what we are looking for in predictions. We look at the time, at its when. We all know bitcoin could reach 16k, or even higher, we all know that. Although he did state some clues like the 1.4 billion people taking action, and looking at other comments, I guess its the news about China. Some have also commented its about the Binance push in China population. We don't really know but I guess I'd like to see what he's saying about the 1.4 billion people. Although both of them are literally about China though, one is about the coin, one about an exchange pushing itself inside.
Am taking a wait and see attitude with this announcement of his though.
Am taking a wait and see attitude with this announcement of his though.
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