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Topic: Bitcoin top 5000$ - page 3. (Read 2413 times)

full member
Activity: 504
Merit: 100
August 30, 2017, 11:44:22 PM
#51
I think that the prophecy is just an iso that will not be a reality and will be missed in time, I think for $ 5000 it is very easy to see from year to year developments, and we can all prove it later when the forecast comes.
legendary
Activity: 1036
Merit: 1000
August 30, 2017, 10:49:10 PM
#50
I'm gonna speculate here that we will see $10k per coin by the end of this year, probably by early December.

I'm also gonna speculate further that we will see a huge crash in January 2018, price will slide all the way down to $3-4k. It will be another 2-3 years before the price will recover.

By 2022, we will see $20k.
full member
Activity: 154
Merit: 101
August 30, 2017, 10:33:31 PM
#49
All great points Smiley I feel a lot better...
When you hear the stories about people selling after the 2013 crash you think they were crazy but living it on yourself is a different story... It is all fun and games when you know the outcome!
hero member
Activity: 3080
Merit: 603
August 30, 2017, 06:21:52 PM
#48
Why everyone thinks that we are in a bubble? No, we aren't in a bubble right now it's just a normal economy and we had seen it progress with bitcoin. And that's why McAfee is visioning that we are going to see the price haven of bitcoin with his expectation. Goldman is trying to hide something for predicting that there is something that is about to happen whenever we reach $4,800.
The bubble growth of Bitcoin do not breakdown soon because it just beginning in this year, why the whales want breakdown a hot trend like Bitcoin have monentum buying strongly everyday end soon?
So, the future Bitcoin reach to target of McAfee is possible, even higher than that target Roll Eyes

Yes that's what I can see too though I'm not an expert but why McAfee is giving such numbers and that's very high. I'm pretty sure that he is going to do something about it and he won't be breaking his words as whales are in the hype of making the price of bitcoin pump all the time. Let's expect that but we don't know when it will happen.
hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
August 30, 2017, 02:40:25 PM
#47
Today everyone is speculating the future price of Bitcoin or when it will collapse. Some experts have said that price will touch $10k this year, some said $7k, $6k and so on, some said price is bubble and will collapse when it will touch $4k, some said it will collapse after $4500. Now yet another one. All these so called experts are changing their prediction and not sticking to what they said, with days passing. Bitcoin has largely became unpredictable nowadays.

Bitcoin is so volatile, even the best experts can't predict it with 100% sure, they are always changing their opinions to fit better the moment Bitcoin is passing. I was sceptical about BTC hitting $5000 this year yet, but now I start believing it's possible because Bitcoin is being upgraded and the results are being very positive, confidence is growing from investors side and technology enthusiasts are coming even more to Bitcoin.
sr. member
Activity: 644
Merit: 250
August 30, 2017, 11:29:43 AM
#46
Today everyone is speculating the future price of Bitcoin or when it will collapse. Some experts have said that price will touch $10k this year, some said $7k, $6k and so on, some said price is bubble and will collapse when it will touch $4k, some said it will collapse after $4500. Now yet another one. All these so called experts are changing their prediction and not sticking to what they said, with days passing. Bitcoin has largely became unpredictable nowadays.
hero member
Activity: 1008
Merit: 510
August 30, 2017, 11:17:27 AM
#45
5000?  10000?  The only reality is that who is making profit have to cash it. It will happen, before or after.

 Shocked Shocked

That's not necessarily true for bitcoin. If it get mass adopted and widely accepted, you could just find easier to spend your bitcoin to directly buy things instead of using the obsolete fiat gate.

Bitcoin can be for the future what gold was for the past. It can be used as a storage of value and a mean of payment, and the lighting network will make possible to use it for every trivial instant payment.

Even just as a store of value, Bitcoin could be successful. Since it is deflationary, it's possible that it will just keep gaining value over time just as an investment. Any other uses would only add more value to it. I could see a scenario where Bitcoin was used to store money while other altcoins were used for financial transactions. Or Bitcoin could be used for large transactions and altcoins could be used for smaller transactions.
sr. member
Activity: 1400
Merit: 259
August 30, 2017, 10:47:57 AM
#44
It doesn't that Goldman Sachs will always be right with their prediction.
Accuracy is not a thing with bitcoin. They can make stories like this or could spread news like that but it will all end up to the users of bitcoin. If one group that holds a lot of this coin and sell it with a quitting mindset then it could fall down without us knowing it. It will be an instant fall.
legendary
Activity: 1680
Merit: 1205
August 30, 2017, 10:42:09 AM
#43
5000?  10000?  The only reality is that who is making profit have to cash it. It will happen, before or after.

 Shocked Shocked

That's not necessarily true for bitcoin. If it get mass adopted and widely accepted, you could just find easier to spend your bitcoin to directly buy things instead of using the obsolete fiat gate.

Bitcoin can be for the future what gold was for the past. It can be used as a storage of value and a mean of payment, and the lighting network will make possible to use it for every trivial instant payment.
sr. member
Activity: 1204
Merit: 293
"Be Your Own Bank"
August 30, 2017, 09:35:29 AM
#42
5000?  10000?  The only reality is that who is making profit have to cash it. It will happen, before or after.

 Shocked Shocked
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
August 30, 2017, 09:30:59 AM
#41
I don't believe in the existence of experts who can give correct predictions of the behavior of bitcoin. I think they all are funding different groups and their predictions only to carry out their orders. I suggest everyone to live by your wits and to trust no one.

I think we should trust our own intuition towards the price of bitcoin, but I think all of the things that OP and you are seeing, hearing, and reading towards the price of bitcoin are all just speculation it is not prediction it is just a speculation about the movement of bitcoin, you two can make an speculation of your own towards on what do you think might happen to the movement of bitcoin.

Yes. We have may read everything about bitcoin, but it is really up to the individual if he is going to believed on those people making bold prediction about the price. It is still up to our own judgement, because we all know that bitcoin is driven by market speculators. And maybe those experts have their own agenda on why they have predicted this price.
hero member
Activity: 980
Merit: 500
August 30, 2017, 09:20:10 AM
#40
I don't believe in the existence of experts who can give correct predictions of the behavior of bitcoin. I think they all are funding different groups and their predictions only to carry out their orders. I suggest everyone to live by your wits and to trust no one.

I think we should trust our own intuition towards the price of bitcoin, but I think all of the things that OP and you are seeing, hearing, and reading towards the price of bitcoin are all just speculation it is not prediction it is just a speculation about the movement of bitcoin, you two can make an speculation of your own towards on what do you think might happen to the movement of bitcoin.
full member
Activity: 364
Merit: 106
August 30, 2017, 08:37:40 AM
#39
I don't believe in the existence of experts who can give correct predictions of the behavior of bitcoin. I think they all are funding different groups and their predictions only to carry out their orders. I suggest everyone to live by your wits and to trust no one.
sr. member
Activity: 1078
Merit: 256
August 30, 2017, 06:53:20 AM
#38
Why everyone thinks that we are in a bubble? No, we aren't in a bubble right now it's just a normal economy and we had seen it progress with bitcoin. And that's why McAfee is visioning that we are going to see the price haven of bitcoin with his expectation. Goldman is trying to hide something for predicting that there is something that is about to happen whenever we reach $4,800.
the current price will not stop to increase. because bitcoin is a currency and a convincing investment value. many people think bitcoin is the future of the financial system in the world. so it's not a strange thing when bitcoin gets pumped. investors are very happy to take advantage of the bitcoin price movement. bitcoin prices will peak later and maybe we see it as a dream now.

I think at certain point the bull run will come to a halt. Maybe $5000 or $10000, but will definitely stop. And I don't think that we are in a bubble, maybe just investors flocking and stashing bitcoin because they really believed that it is a safe haven for investment which we all think are true.

I already read that article before, saying that it will be going to $4800 then crash about $2200 if I'm not mistaken. Well I don't think that there are really so called experts that can accurate see the movement, but definitely something that we need to observe and see if it comes true.
legendary
Activity: 1162
Merit: 1000
August 30, 2017, 05:44:12 AM
#37
Why everyone thinks that we are in a bubble? No, we aren't in a bubble right now it's just a normal economy and we had seen it progress with bitcoin. And that's why McAfee is visioning that we are going to see the price haven of bitcoin with his expectation. Goldman is trying to hide something for predicting that there is something that is about to happen whenever we reach $4,800.
the current price will not stop to increase. because bitcoin is a currency and a convincing investment value. many people think bitcoin is the future of the financial system in the world. so it's not a strange thing when bitcoin gets pumped. investors are very happy to take advantage of the bitcoin price movement. bitcoin prices will peak later and maybe we see it as a dream now.
sr. member
Activity: 532
Merit: 250
August 30, 2017, 05:39:53 AM
#36
Hello!
I tend to just read the forum and not to join in but there was a question I really wanted to answer so... Here I am!
What do you think about the Goldman Sachs prediction of a 4800$ top where all will collapse? Sounds like a biblical prophecy but well, they have been quite accurate about bitcoin so far.
We are getting close to the target so... What do you think will happen?

I was thinking that regardless of the prediction, maybe the 5000$ will work as a hardcore mental barrier... And pop the bubble.

So, what are your thoughts?


PS: Unfortunately I cannot paste the link as it says it is suspicious... but you can find it on CNBC

Well, i think that your prediction is fairly accurate. This pump cannot last forever and it has to end one way or another. This current pump is already much smaller than all the previous ones(only $300 rise in value compared to $1000~), and is met with major resistance as it neared $5k.

Therefore it's not illogical to assume that traders are going to see $5k as a major resistance themselves and potentially dump the coins as soon as it reached it. It could go a bit over but it should be in the general vicinity of $5k.

I simply don't think that bitcoin is going to climb much further this year...
sr. member
Activity: 537
Merit: 250
August 30, 2017, 05:38:29 AM
#35
I disagreed with this prediction even common sense should tell us that bitcoin is not in the bubble yet and there is no sign what so ever that bitcoin will collapse in few days to come as we can see that $5000 is already in sight and maybe by this time next week! Are we saying bitcoin is coming to an end by this weekend? I will reither remain with McAfee than most of this prophet of doom.

Not at all buddy. The cost of bitcoin is very very high now. It's around the price of 4600$ today. Now it's crossed another barrier which is 4500$.Now they speak about 5000$.It will also happen. If you want to get a huge profit in any business. Just inverse in bitcoin. Bitcoin is the one.
It's very high caused by a lot of interest to buy bitcoin, and if halving will come in the future that gives a possibility for bitcoin touch $10000 in the future. Bitcoin is really good as gold in our real life. because the chart looks stagnant to increase anytime.
hero member
Activity: 644
Merit: 501
August 30, 2017, 05:29:01 AM
#34
Hello!
I tend to just read the forum and not to join in but there was a question I really wanted to answer so... Here I am!
What do you think about the Goldman Sachs prediction of a 4800$ top where all will collapse? Sounds like a biblical prophecy but well, they have been quite accurate about bitcoin so far.
We are getting close to the target so... What do you think will happen?

I was thinking that regardless of the prediction, maybe the 5000$ will work as a hardcore mental barrier... And pop the bubble.

So, what are your thoughts?


PS: Unfortunately I cannot paste the link as it says it is suspicious... but you can find it on CNBC

I doubt that $5k will be a real mental barrier, it will be broken but i think after it's been broken people will start to realize how ridiculous the bubble has become, and a lot of people will actually panic due to the price rising so much and potentially dumping some coins.

The fact is that it is extremely difficult to predict anything when the markets are moving so fast. I think that it is likely in the next month we see a price level of around $5000-5100 before an adjustment down to the early $4000s again.

This can't go on forever, just to let you know. Nothing is able to sustainably grow by even 0.5% per day, let alone having 10% rises per day as common.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
August 30, 2017, 05:23:03 AM
#33
I dont see any news about Goldman Sachs telling bitcoin would go that way from this month except (below) which is from July 3, 2017.
Could you at least quote the news please if you cant post the link.
We better spread a good news which can be backed up. Not just words which could just lead to some dudes who will just believe what we say even if it is not true.

This is from CNBC. Searched it and this is all I found.

Quote
Goldman Sachs is out with a call on bitcoin, and chart analyst Sheba Jafari expects the digital currency could rise as high as $3,915.

That would be 52 percent above Monday's price of about $2,567.

"The market is in wave [four] of a sequence that started in the late-'10/early-'11 lows," Jafari wrote in a Sunday report on charts for the week ahead. We are "eventually expecting one more leg higher; a 5th wave."

"From current levels, this has a minimum target that goes out to 3,212 (if equal to the length of wave I)," Jafari said. "There's potential to extend as far as 3,915 (if 1.618 times the length of wave I). It just might take time to get there."
sr. member
Activity: 322
Merit: 250
August 30, 2017, 05:11:10 AM
#32
I disagreed with this prediction even common sense should tell us that bitcoin is not in the bubble yet and there is no sign what so ever that bitcoin will collapse in few days to come as we can see that $5000 is already in sight and maybe by this time next week! Are we saying bitcoin is coming to an end by this weekend? I will reither remain with McAfee than most of this prophet of doom.

Not at all buddy. The cost of bitcoin is very very high now. It's around the price of 4600$ today. Now it's crossed another barrier which is 4500$.Now they speak about 5000$.It will also happen. If you want to get a huge profit in any business. Just inverse in bitcoin. Bitcoin is the one.
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