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Topic: Bitcoint to $1,800 USD by end of 2018 - page 11. (Read 3161 times)

jr. member
Activity: 266
Merit: 1
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January 19, 2018, 08:52:05 AM

I don't think it can deep that low. With what has happened, the price is somewhat having a limit to the dip because of the volume in circulation.
jr. member
Activity: 52
Merit: 2
January 19, 2018, 08:49:30 AM
Bitcoin will be at least $30000 by the end of this year. There is no way it will be $1800.
member
Activity: 266
Merit: 32
January 19, 2018, 08:48:25 AM
There is no basis for this prediction. In my opinion, it will be at least $30000 by the end of this year.
and where will $800,000,000,000 come from for 1 bitcoin = $30,000 ?? There is no basis for your prediction
newbie
Activity: 76
Merit: 0
January 19, 2018, 08:04:01 AM
I don't think so, not only because the goverments ban Bitcoin will lead Bitcoin into a crisis . Bitcoin already been through all those, so it's maybe a game of Pump and Dump.
member
Activity: 266
Merit: 32
January 19, 2018, 08:01:26 AM
A Wall Street consultancy's crypto report - and it should strike fear into the heart of every bitcoin bull/user

Quinlan & Associates put out a report Thursday titled "Fool's Gold: Unearthing The World of Cryptocurrency" in which they outline a case for bitcoin dropping to $1,800 by December 2018.

Here's the report:

"As an asset, we valued Bitcoin using a cost of production approach and a store of value approach, resulting in values of USD 2,161 and USD 687 respectively. To value BTC as a currency, we estimated its utilization for both legal, retail transactions payments, as well as payments in the black market. After significant testing, we calculated the price of BTC 1 to be USD 1,780."

At its current valuation, the consultancy concludes bitcoin is a bubble "waiting to burst." If bitcoin is not adopted as payment method, the firm predicts a major bitcoin correction to $1,800 that'll also drag the cryptocurrency market down 70% to $223 billion later this year from its current position above $700 billion.

https://www.businessinsider.in
sr. member
Activity: 504
Merit: 251
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January 19, 2018, 07:41:53 AM
Surely diversifying your portfolio is a better option it is true that gold and other commodities are relatively save investments. Bitcoin will continue to grow over the years even after people panic.
member
Activity: 266
Merit: 32
January 19, 2018, 07:24:02 AM
If so I will buy 1000 Bitcoin and leave it SmileyShocked Shocked Shocked Shocked Shocked Roll Eyes Roll Eyes
That will be $1800 x 1000 = $1,800,000  Grin You have $1.8 million to throw away ??

I need $20,000 for my website which far better than gambling on stock markets, Bitcoin etc..
sr. member
Activity: 700
Merit: 300
January 19, 2018, 05:25:50 AM
Here take my vote : No.

I don't think bitcoin is that bad development which will make it look like couple of thousand worth inevstment. As the years will pass I'm sure that we will see some brighter buy walls which are going to be higher than the current one. It is solid currency which is not liable to fall as much low as you are thinking here. What do we see here is just the old bans, corrections and same thing over and over again of which we should be used to now. It will be over 20k this year, mark that down.
member
Activity: 266
Merit: 32
January 19, 2018, 05:21:27 AM
That will never happen. For me bitcoin by the end of this year will be 25,000 dollars at least. This price is at least but it would more than this I guess because no matter what the issue for bitcoin nobody can stop its moves.

$600,000,000,000 looks like dead end for cryptocurrencies
full member
Activity: 476
Merit: 100
January 19, 2018, 04:36:39 AM
That will never happen. For me bitcoin by the end of this year will be 25,000 dollars at least. This price is at least but it would more than this I guess because no matter what the issue for bitcoin nobody can stop its moves.
sr. member
Activity: 420
Merit: 250
January 19, 2018, 04:24:33 AM
I suggest everybody, who gets all worked out over such predictions one good book: The Black Swan by Nassim Taleb. It is very educational and it will put predictions such as 1800 by 2018 or 100k by xxxx to the right corner. Bitcoin is the example of the Black Swan and it cannot be predicted.
member
Activity: 322
Merit: 12
January 19, 2018, 04:12:12 AM
With the way everyone is interested in owning a bitcoin now I doubt it will sink that deep as predicted by the consultancy. Predictions aren't always right.
member
Activity: 266
Merit: 32
January 19, 2018, 03:38:48 AM
lol the person who wrote this is comparing bitcoin to the dotcom "bubble" hilarious!! You don't need to know more. Any idiot can write an article online saying anything. There must be thousands of articles like this. Bitcoin will keep going up. Bitcoin is still young. The writer wants people to sell their bitcoin so he can buy them ^^
When Silver is $18/ounce, will people buy Bitcoin for $5000 Huh?
member
Activity: 144
Merit: 10
January 18, 2018, 08:34:05 PM
lol the person who wrote this is comparing bitcoin to the dotcom "bubble" hilarious!! You don't need to know more. Any idiot can write an article online saying anything. There must be thousands of articles like this. Bitcoin will keep going up. Bitcoin is still young. The writer wants people to sell their bitcoin so he can buy them ^^
legendary
Activity: 2576
Merit: 1043
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January 18, 2018, 07:27:59 PM
Its not accurate and I don't believe that the price of bitcoin will go down at around 1800$. As we can see in the graphs of bitcoin in the past years, the price of bitcoin always goes down in the first months of the year but in the succeeding years it will rise again. Anyway anything is pure speculation and nobody really knows what will happen next
copper member
Activity: 588
Merit: 17
January 18, 2018, 07:23:46 PM
I wonder what is Bitcoin mining prime cost today?
I can bet it's greater than 1800$...
full member
Activity: 484
Merit: 100
January 18, 2018, 06:51:32 PM
The crypto market has returned after bad news about it. This proves that Bitcoin will continue to grow, and will continue to increase. Bitcoin prices will never drop $ 1,800.
full member
Activity: 276
Merit: 100
January 18, 2018, 06:49:37 PM

That is impossible.  I think bitcoin price will go down but not to the very lowest price  like $1,800 at the end of this year.  2018  recently started and it is a very long run when we talk about it for now.  Anything can happen but I think not that bad.
sr. member
Activity: 573
Merit: 251
January 18, 2018, 06:45:51 PM
I'm sure that bitcoin prices will never under $ 7500 in this year, maybe the price will be around $ 20k- $ 50k, so I do not believe if the bitcoin price will drop up to $ 1800.
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