BTC speculation was very much exciting for the Investors but it turned to sorrows which was never expected by anyone as BTC suffered with a massive downfall. however It's better to Hodl coins in this tough market situation and now it is slowly trending let's wait patiently till the Value of BTC comes to a normal position.
Speclators can said many things about the market but since it is not back up by adequate fact they is no way we can depend on those speculations in making investments decision. Like you said we have to be patience with the market until the values of bitcoin rise again. 
Topic: Bitcoins 2018 speculations that will make you LOL! (Read 735 times)
I hope many of us will hold to this your great advice and do research before investing. The speculators are in the business of moving the market within any reason backing the movements! Remember that investing into cryptocurrencies market is a very risky venture and you should not go into it without adequate investments plan and decisions
BTC speculation was very much exciting for the Investors but it turned to sorrows which was never expected by anyone as BTC suffered with a massive downfall. however It's better to Hodl coins in this tough market situation and now it is slowly trending let's wait patiently till the Value of BTC comes to a normal position.
Am I the only one who would prefer it if there wasn't another bubble? A nice steady rise over a long time would screw far fewer people and improve BTC's overall perception amongst those yet to arrive. I know that's not going to happen for a few more cycles yet but it would be better for all.
I retain an open mind about what future levels might look like. A 5x rise is still enormous and at that point we would have to put the idea of BTC being chicken feed in global terms to bed for good, but it all depends on the enormousness of the funds and people who arrive.
This is a neat summation of this year's predictions.
https://www.theblockcrypto.com/2018/12/31/here-comes-the-new-year-please-stop-irresponsibly-predicting-cryptocurrency-prices/
That is what many experimented members of the forum want for bitcoin not only because it will be the best for them it will be the best for bitcoin and everyone, but all of those that are just investing and discovering bitcoin will like to see the price skyrocketing again because they will see the past behaviour of bitcoin and they will like to see profits similar to what you could see in the past. I retain an open mind about what future levels might look like. A 5x rise is still enormous and at that point we would have to put the idea of BTC being chicken feed in global terms to bed for good, but it all depends on the enormousness of the funds and people who arrive.
This is a neat summation of this year's predictions.
https://www.theblockcrypto.com/2018/12/31/here-comes-the-new-year-please-stop-irresponsibly-predicting-cryptocurrency-prices/
What one guy is saying (and others are supporting) is "wanting" something and what you guys are going against is his wishes not his estimates or guesses.
I too want bitcoin to increase gradually and slowly instead of a big boom but I also understand that bitcoin is a volatile thing and it will increase a lot faster and will keep going high very quickly and go low very quickly as well. That is what bitcoin has done ever since it was created, all the increases has been a sudden thing and it will most probably keep going that way. Just because it has been like that before and most probably will happen again in the future doesn't mean we want something else from bitcoin, we are allowed to wish bitcoin to go up slowly and make a great place at high prices instead of going up and down constantly.
I too want bitcoin to increase gradually and slowly instead of a big boom but I also understand that bitcoin is a volatile thing and it will increase a lot faster and will keep going high very quickly and go low very quickly as well. That is what bitcoin has done ever since it was created, all the increases has been a sudden thing and it will most probably keep going that way. Just because it has been like that before and most probably will happen again in the future doesn't mean we want something else from bitcoin, we are allowed to wish bitcoin to go up slowly and make a great place at high prices instead of going up and down constantly.
Am I the only one who would prefer it if there wasn't another bubble? A nice steady rise over a long time would screw far fewer people and improve BTC's overall perception amongst those yet to arrive.
I'm totally with you on that one. Everyone dreaming of hitting $50-100k in the next year or two is in the wrong mindset, as far as I'm concerned. Another rise that quickly will be based on pure speculation, as the rise at the end of last year was.
Just like 2011 and 2013?
Why would you expect things to change all of a sudden? It's not about dreaming. It's about respecting a reliable trend and understanding how this market moves. Slow, sustained growth always snowballs into speculative rises.
The next year or two is pushing it anyway. I think 2021 (and much higher than $100K) is possible though, based on a continued logarithmic trend.
Am I the only one who would prefer it if there wasn't another bubble? A nice steady rise over a long time would screw far fewer people and improve BTC's overall perception amongst those yet to arrive. I know that's not going to happen for a few more cycles yet but it would be better for all.
sounds nice but it doesn't matter what any of us wants.
the boom-and-bust nature of the market makes perfect sense because bitcoin is an extremely speculative asset. this results in hyper-emotional market cycles as market sentiment goes from "new paradigm!" to "bitcoins are beanie babies!" and back.
cryptocurrency isn't the only market that moves like this. all speculative markets do to differing degrees. look at a historical chart of rhodium or other low-supply commodities with inelastic demand.
also, markets love to screw over as many people as possible. whatever will cause the least pain for traders, the opposite will probably happen.
If, as economists are only recently realising, that traditional markets are susceptible to emotion and behave the complete opposite of rational theories simply because people are anything but rational... It should be a surprise if Bitcoin were to show anything but rational behaviour.
Would love that too, a gradual rise petering off to some value that's in tandem with worth... But we ain't seeing that in our lifetimes I think.
Maximum pain, and path with most resistance. That's the Bitcoin market we must expect;)
Oh and OP, what makes you so sure McDick still can't make 2020? 2 years. A lot of time!
Those are exaggerated speculations backed up by nothing but emotions.
If you look at the pricing back then, the recurrent downfall was called for and was known by many. Its just that some smart traders knew about it and therefore took measures while the others missed the train.
If you look at the pricing back then, the recurrent downfall was called for and was known by many. Its just that some smart traders knew about it and therefore took measures while the others missed the train.
There is nothing to LOL every one predicted according to trend analysis and their experience. Problem is btc donot follow any trend
I think a trend has been set, look at the last two halvings and what happened the followinng year. I think many will be expecting it this time, let's see if it repeats.
There is nothing to LOL every one predicted according to trend analysis and their experience. Problem is btc donot follow any trend
Am I the only one who would prefer it if there wasn't another bubble? A nice steady rise over a long time would screw far fewer people and improve BTC's overall perception amongst those yet to arrive. I know that's not going to happen for a few more cycles yet but it would be better for all.
sounds nice but it doesn't matter what any of us wants.
the boom-and-bust nature of the market makes perfect sense because bitcoin is an extremely speculative asset. this results in hyper-emotional market cycles as market sentiment goes from "new paradigm!" to "bitcoins are beanie babies!" and back.
cryptocurrency isn't the only market that moves like this. all speculative markets do to differing degrees. look at a historical chart of rhodium or other low-supply commodities with elastic demand.
also, markets love to screw over as many people as possible. whatever will cause the least pain for traders, the opposite will probably happen.
If you intend to buy bitcoins, I recommend you to do your own research, buy for the technology for it's features not based on people words hopefully you'll now make more informed choices going ahead.
What to research about bitcoin, everything is explained million times, now its do you believe in that or not. Go back in time and for people who have been here a lot longer than us, what you think about them? In the end its always about believing in something. Will world adopt bitcoin or not? Maybe that will happen, maybe not? Do you think anyway can predict what will happen with 100% accuracy?
Better advice is if you intend to invest in anything I recommend not investing all you have, cause if it fails you will fail, invest how much you can afford, in that way you are secured for every possible scenario. Managing money is all about that.
Am I the only one who would prefer it if there wasn't another bubble? A nice steady rise over a long time would screw far fewer people and improve BTC's overall perception amongst those yet to arrive.
I'm totally with you on that one. Everyone dreaming of hitting $50-100k in the next year or two is in the wrong mindset, as far as I'm concerned. Another rise that quickly will be based on pure speculation, as the rise at the end of last year was. The fall out from that is loads of people losing their money and rage-quitting out of crypto altogether, a new article every day claiming that bitcoin is dead, and derision amongst the outside world - "I'm so glad I'm not invested in bitcoin! Look at the price drop!" etc.
It would be both more healthy and more sustainable for slow, steady growth based on increasing use and adoption of bitcoin worldwide.
$100K seems paltry compared to past bubbles. I'll acknowledge that each bubble is getting smaller in magnitude, but a mere 5x above the previous ATH is aiming way too low. On the 2017 run, we topped ~16x above the previous ATH.
I think we'll move well into six figures next time around. I also don't expect it to happen for another 2-3 years.
I think we'll move well into six figures next time around. I also don't expect it to happen for another 2-3 years.
Am I the only one who would prefer it if there wasn't another bubble? A nice steady rise over a long time would screw far fewer people and improve BTC's overall perception amongst those yet to arrive. I know that's not going to happen for a few more cycles yet but it would be better for all.
I retain an open mind about what future levels might look like. A 5x rise is still enormous and at that point we would have to put the idea of BTC being chicken feed in global terms to bed for good, but it all depends on the enormousness of the funds and people who arrive.
This is a neat summation of this year's predictions.
https://www.theblockcrypto.com/2018/12/31/here-comes-the-new-year-please-stop-irresponsibly-predicting-cryptocurrency-prices/
The expectation was too much despite knowing it is highly volatile and not every time market will keep on rising and this has being proven in this year. But one thing is clear people who were speculation to end, it is a bubble, will become 0, 100$ etc all failed and maker may infact bounce back and cross 10k as well again in coming 2019.
Your admission strengthens our assumption that those hedge fund experts only know as much as the forum experts of bitcointalk hehehe.
I don't consider myself expert. And even the experts cannot predict the future. And, like in meteorology, any prediction, more farther the future tries to depict, the more the chances it goes wrong. 
1)Thomas Lee first predicted prices would touch 25k, later in the year he adjusted it to 13k and now he's not interested in making any more predictions lol.
Luckily I'm not so famous, but I predicted/expected 50k and I also reached the point I'm afraid of making predictions anymore.
It's easy to predict. Anyone can do it. It's much harder to actually predict it right.
And yes, investing by others' predictions is simply lottery.
Your admission strengthens our assumption that those hedge fund experts only know as much as the forum experts of bitcointalk hehehe.
Trusting or not trusting media persons, And also people who are considered authoritative is a personal matter of each person, if you are not a professional in something and do not understand the current situation, then you need to listen to the opinion of authoritative people, but when as your experience grows, it becomes serious enough - you no longer need to listen to any authority in order to make the right assessment of the situation and the correct forecast yourself.
Speculations from the experts were really horrible experience, few said BTC might go more than 50k but here reaching 5k has become impossible. So there's no reasonable prediction.
sometimes they make predictions that are impossible for popularity, many experts say if this year's bitcoin price will soar very high. but what happened ? do you understand what i mean ? i personally think $300k-$500k is possible, closer to 2021 based on previous cycle magnitude and the timing around halvings.
6 digits won't be impossible, if BTC will surpass the marketcap of gold. People may treat BTC as a currency, used for everyday exchange, buying anything on any local or online stores, but for me: it's a store of value, a new era of stock market. You can't buy a pizza with BTC yet, especially when there is a long line waiting on the counter. Amazon won't accept it too because of its volatile nature, businesses would have a heart attack with the sudden up and down of the price if they accept it.@OP, what about Jamie Dimon and Warren Buffet? I never heard anything from them this 2018, I wonder why they became silent.
Speculations from the experts were really horrible experience, few said BTC might go more than 50k but here reaching 5k has become impossible. So there's no reasonable prediction.
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