In 2019, many good news come to bitcoin. Its started with BAKKT and if this happen, i am believe billions dollar fund will come to market and make crypto price increasing. Beside that, bitcoin will be listed in Nasdaq, one big stocks market in the world and trillion dollar market cap. I think 2019 will be interesting year for crypto market
but for bakkt, the news was overtaken by the implementation, which was planned for the 24th of this month. but hopefully it will be realized soon, and we can see all hopes come according to our wishes 
Topic: Bitpay: a new industry players will raise the price of bitcoin up to $20 000 (Read 415 times)
January 04, 2019, 02:13:09 AM
January 04, 2019, 01:05:17 AM
In 2019, the price of bitcoin may rise to $15 000 and even reach $20 000. Such a forecast in an interview with Bloomberg put forward commercial Director of cryptocurrency processing service Bitpay Sonny Singh.
According to him, bitcoin has an excellent reputation, and in the first quarter of 2019, the cryptocurrency will become a viable commodity.
However, he added," we will not see the price move — up or down — for a long time until a new direction appears " for bitcoin.
As the main driver of growth for the industry, he calls the platforms, Bakkt, Fidelity Digital Assets and BlackRock's initiative to launch bitcoin-ETF.
He also has high hopes for the structural transformation of the cryptocurrency industry itself, including a possible IPO of the leading American company Coinbase. The latter, we recall, denied such rumors.
At the same time, Sonny Singh hammered another nail into the coffin of the ICO industry.
"I think it's safe to say that right now the ICO market is pretty much dead. Maybe a few altcoins will survive, but none of them will survive if bitcoin does not survive," Sonny Singh added.
Earlier, analyst and co-founder of Fundstrat Global Advisors Tom Lee said that the price of bitcoin fell only in the short term.
At the same time, an analyst at Oanda Corp. Stephen Innes said that if prices continue to decline, investors can begin to massively withdraw from the cryptocurrency. Critical, in his opinion, is the mark of $3000.
source forklog.com
In my opinion, too pessimistic forecast for ICO and the viability of altcoins. The current cryptocurrency is fully capable of surviving without Bitcoin. You also can not argue that Bitcoin is now in great shape. It still has the lowest scalability of seven transactions per second and it is not known when the situation will improve. However, the cryptocurrency market itself is capable of recovering and developing in the near future and we hope that this will happen soon. According to him, bitcoin has an excellent reputation, and in the first quarter of 2019, the cryptocurrency will become a viable commodity.
However, he added," we will not see the price move — up or down — for a long time until a new direction appears " for bitcoin.
As the main driver of growth for the industry, he calls the platforms, Bakkt, Fidelity Digital Assets and BlackRock's initiative to launch bitcoin-ETF.
He also has high hopes for the structural transformation of the cryptocurrency industry itself, including a possible IPO of the leading American company Coinbase. The latter, we recall, denied such rumors.
At the same time, Sonny Singh hammered another nail into the coffin of the ICO industry.
"I think it's safe to say that right now the ICO market is pretty much dead. Maybe a few altcoins will survive, but none of them will survive if bitcoin does not survive," Sonny Singh added.
Earlier, analyst and co-founder of Fundstrat Global Advisors Tom Lee said that the price of bitcoin fell only in the short term.
At the same time, an analyst at Oanda Corp. Stephen Innes said that if prices continue to decline, investors can begin to massively withdraw from the cryptocurrency. Critical, in his opinion, is the mark of $3000.
source forklog.com
January 03, 2019, 11:26:49 PM
In 2019, many good news come to bitcoin. Its started with BAKKT and if this happen, i am believe billions dollar fund will come to market and make crypto price increasing. Beside that, bitcoin will be listed in Nasdaq, one big stocks market in the world and trillion dollar market cap. I think 2019 will be interesting year for crypto market
January 03, 2019, 11:34:02 AM
In fact, no one knows what will happen next. If these forecasts were printed on paper, then the only place where they could be applied is the toilet. ) Interestingly, Tom Lee often recalls his predictions for Bitcoins for 2018? I have not believe in any such predictions for a long time. You just need to monitor the situation in the crypto market, the stock market, the state of the world economy and be able to play it safe on time. I see cryptocurrency as a long-term investment. I just believe in both cryptocurrency and blockchain in general, so I am ready to keep the crypto for 5 years.
In a way those speculators like Tom Lee and McAfee are playing a crucial role in the cryptocurrencies market! At least they keep reminding us were we are (bitcoin or others coins pricing) and were we suppose to be. Bitcoin ought not to fall from $19,000 to were it is today but that has happened and there should be reason why it should recover. Remember that bitcoin is heading to an unknown destination in terms of pricing and we have to continue believe those that have seeing the light of were we are heading to in other to be part of history. 
January 03, 2019, 01:19:22 AM
Bitcoin's price will really increase maybe higher than $20,000 since as we emerge to new technology the more and more we need to be digital and currencies will be affected by it. So by that demand the bitcoin's price will rise first since it is the most popular and the other coins will follow. There is no stop on cryptocurrencies, they could be slowed but can't be defeated.
we all hope that the increase will be higher than the previous highest price. but I think it takes time and encouragement from positive news, so that it fosters investor confidence January 02, 2019, 02:29:35 PM
In fact, no one knows what will happen next. If these forecasts were printed on paper, then the only place where they could be applied is the toilet. ) Interestingly, Tom Lee often recalls his predictions for Bitcoins for 2018? I have not believe in any such predictions for a long time. You just need to monitor the situation in the crypto market, the stock market, the state of the world economy and be able to play it safe on time. I see cryptocurrency as a long-term investment. I just believe in both cryptocurrency and blockchain in general, so I am ready to keep the crypto for 5 years.
January 02, 2019, 12:07:12 PM
Bitcoin's price will really increase maybe higher than $20,000 since as we emerge to new technology the more and more we need to be digital and currencies will be affected by it. So by that demand the bitcoin's price will rise first since it is the most popular and the other coins will follow. There is no stop on cryptocurrencies, they could be slowed but can't be defeated.
January 02, 2019, 09:15:16 AM
There is hope for Bitcoin but I don’t. Know if there is any hope for altcoins. Altcoins seems like they will be left behind this year, unless coins like ETH and Ripple are likely to succeed, but we don’t know that yet; ETH seems to be getting back on top, but as for BTC, everyone is sure of that, there is going to be a huge bull run, and this time is going to be very big for sure, likely to be twice of what it was last two years.
January 01, 2019, 11:15:34 AM
The key point here is the word "commodity", Sonny Singh realizes there is only two paths to success for bitcoin, one is adoption which could be done via a lot of people having a quite easy reach to crypto world and incredibly in our lives type of purchasing and selling ease.
Second is the professional finance world getting into it. "Commodity" is the gold/silver/oil type of things and if we can manage to put bitcoin into their path than yes we are losing a big part of our "bitcoin is money" appeal but also gaining a great deal of ease of purchase and sell with professional world, that way we can definitely get a lot more people interested in bitcoin. As he says the more people come in the more money they bring into the market so people coming in would definitely make us a lot of money.
Second is the professional finance world getting into it. "Commodity" is the gold/silver/oil type of things and if we can manage to put bitcoin into their path than yes we are losing a big part of our "bitcoin is money" appeal but also gaining a great deal of ease of purchase and sell with professional world, that way we can definitely get a lot more people interested in bitcoin. As he says the more people come in the more money they bring into the market so people coming in would definitely make us a lot of money.
December 31, 2018, 09:20:13 PM
I also believe if the price of bitcoin can touch $ 20K, after the ETF has been approved, for now it's more patient to continue to wait for the ETF to be accepted, and on the other hand this is the best time for bitcoin investment, because if the price of bitcoin recovers then it can imagine the benefits obtained
ETFs look just as unlikely as ever to me. They're not going to happen until Bitcoin markets look radically different to how they look now.
I understand what you mean, right now I and the other traders may just be quiet and be patient to see the cryptocurrency market conditions, maybe no one knows what will happen tomorrow, let the time answer.
December 05, 2018, 01:59:03 PM
As usual, those people who have so much interest on Bitcoin will always remain bullish even though its obvious that recovery will take a long time to achieved. Of course sooner or later this bearish cycle will need to come to an end, with BAKKT or a Bitcoin ETF will provide such catalyst? Or people are getting tired of hearing it that they really decided to get out of the market? although we wanted to be optimistic, but chances are the recovery might take a full year as well and we still searching for news that will re-ignite this market again.
December 03, 2018, 10:50:18 AM
It's not like that.
especially if China falls.
then no industry players will help
especially if China falls.
then no industry players will help
China ban ... crying wolf since 2009
I know.
But everything is connected. Economy, Politics, Crypt.
For example, if the world economy collapses (and the stock market subsides), then no industry players will keep the price(20к$/btc) of Bitcoin
December 03, 2018, 06:12:11 AM
It's not like that.
especially if China falls.
then no industry players will help
especially if China falls.
then no industry players will help
China ban ... crying wolf since 2009
December 03, 2018, 06:01:14 AM
I wouldn't bank too much on this one though, seeing that institutional investors are still wary of the scene even though the big names are already setting plans for bitcoin come next year. Also, ICOs are indeed dead, given how strict governments are on these so-called "startups" after they have noticed that most are in it only for the quick money-grab and not actual innovation--not to mention the rise of ICO scams that were perpetrated in 2017 alone. As for the ETFs, if Bakkt would prove successful, I guess it will draw a line directly towards ETF approvals which has proved elusive for the past year no matter how viable and good the proposals are.
December 03, 2018, 05:19:46 AM
It is clear and obvious that ICO has been leeching bitcoin's benefits and now that its price is dropping most a lot of this coins already died.
If they were sure that new investors will come then i might save bitcoin in a short period of time. As a matter of fact I am quite sure that if this investors will go in early next year. Probably if there will be hard fork happening. Then most of them will go out in the later part of 2019
If they were sure that new investors will come then i might save bitcoin in a short period of time. As a matter of fact I am quite sure that if this investors will go in early next year. Probably if there will be hard fork happening. Then most of them will go out in the later part of 2019
December 03, 2018, 03:48:34 AM
I am also quite optimistic about 2019 in terms of cryptocurrency prices. However, don't forget that advocating Bitcoin and forecasting price growth is a profitable agenda for Bitpay. They are simply not unbiased.
December 02, 2018, 10:45:51 PM
We can never know what the price will be even with those ETF things coming around but the real question will be when SEC gives their response this 29th December. So to me, that is the real test for bitcoin, if it gets accepted which after all this drama I think it will, we will see some bitcoin increases or at least we should see some of it but we still don't know how much bitcoin Craig has so maybe if we try to go higher he will sell more and ruin everything but the common logic says it should be going up.
$20k is a imaginary point of return for all of us since that was the all time high when we reached it last year and breaking that would mean a lot of good things but lets not forget that without proper volume it would be impossible to be there anytime soon, not next month nor not next year if we don't get that volume.
$20k is a imaginary point of return for all of us since that was the all time high when we reached it last year and breaking that would mean a lot of good things but lets not forget that without proper volume it would be impossible to be there anytime soon, not next month nor not next year if we don't get that volume.
December 01, 2018, 05:22:00 PM
people are gonna be surprised at how high alts go during the next bubble. a lot of coins will rise from the dead just like they did in 2017.
The alts that go high again will be the same old stagers that didn't get sucked into ICO bonkersdom, and some new ones that have nothing to do with that type of platform. The form ICOs took in 2017 won't be permitted to happen again.
I also believe if the price of bitcoin can touch $ 20K, after the ETF has been approved, for now it's more patient to continue to wait for the ETF to be accepted, and on the other hand this is the best time for bitcoin investment, because if the price of bitcoin recovers then it can imagine the benefits obtained
ETFs look just as unlikely as ever to me. They're not going to happen until Bitcoin markets look radically different to how they look now.
December 01, 2018, 04:59:24 PM
We don't need predictions we need facts, and facts matter.
Predictions? we read a ton of them daily here or in the news, every bitcoin place you go you read about a prediction from people who have often no clue what they are talking about. It's not a rocket science that fresh money injected will make Bitcoin back on track, but I said we need facts, not the predictions.
Predictions? we read a ton of them daily here or in the news, every bitcoin place you go you read about a prediction from people who have often no clue what they are talking about. It's not a rocket science that fresh money injected will make Bitcoin back on track, but I said we need facts, not the predictions.
December 01, 2018, 02:31:02 PM
i believe that at this point everything will be very similar to 2013 to 2017. there was no reason for it but people pushed for this similarity enough that now it is becoming a reality.
this means a very long downtrend then a slow rise and as we get closer to the previous ATH we will see another surge of buyers which means in about 2020 we can see a price over $80k at least.
at this point the only thing that i am interested in regarding price is when market is going to be less manipulated by whales and FUD.
this means a very long downtrend then a slow rise and as we get closer to the previous ATH we will see another surge of buyers which means in about 2020 we can see a price over $80k at least.
at this point the only thing that i am interested in regarding price is when market is going to be less manipulated by whales and FUD.
how can you distinguish between a market that is illiquid, emotional, and speculative vs one that is manipulated? as long as bitcoin remains volatile like this, will you always assume that manipulation is responsible for all price moves?
Quote from: Sonny Singh
"I think it's safe to say that right now the ICO market is pretty much dead. Maybe a few altcoins will survive
reminds me of "bitcoin is dead".
people are gonna be surprised at how high alts go during the next bubble. a lot of coins will rise from the dead just like they did in 2017.
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