Bitcoin could be at $40,000 at the end of 2018. It easily could," Michael Novogratz says on CNBC's "Fast Money Ethereum, which I think just touched $500 or is getting close, could be triple where it is as well," adds Novogratz, formerly a macro hedge fund manager at Fortress Investment Group.
If we take into account that bitcoin grew more than 1300% last year, a growth to $40,000 would be perfectly possible since it would only mean an increase of 300% on an annual basis and, in fact, maybe a growth of this magnitude would be a clear signal of a potential slowdown in the bitcoin growth, which will not be a bad thing as it significantly would reduce the high volatility that characterized it throughout 2017.
Topic: Can bitcoin reach 40k at the end of 2018? - page 2. (Read 832 times)
Bitcoin could be at $40,000 at the end of 2018. It easily could," Michael Novogratz says on CNBC's "Fast Money
Ethereum, which I think just touched $500 or is getting close, could be triple where it is as well," adds Novogratz, formerly a macro hedge fund manager at Fortress Investment Group.
I think 40k is so expensive and the fee's of transaction is to high if bitcoin valued touch down on that price and alot of transaction will be delayed such as big amount transact. Perhaps its possible to happen cause on this year i know there will be a massive demand , double from the year 2017, unless there's no other issues again that can make alot investors decide to transfer into alts. Haha however i think 20k is enough cause maybe a lot of problems will emerge again if that times happen.
Transaction fees and speed are probably the only thing really holding us back from reaching 40k much before the end of the year, if that can be solved soon then the price can really increase in my opinion. 40k by the end of the year seems like quite a modest estimate in comparison and I wouldn't be surprised if it's more towards 6 figures than that.
I think 40k is so expensive and the fee's of transaction is to high if bitcoin valued touch down on that price and alot of transaction will be delayed such as big amount transact. Perhaps its possible to happen cause on this year i know there will be a massive demand , double from the year 2017, unless there's no other issues again that can make alot investors decide to transfer into alts. Haha however i think 20k is enough cause maybe a lot of problems will emerge again if that times happen.
Bitcoin could be at $40,000 at the end of 2018. It easily could," Michael Novogratz says on CNBC's "Fast Money
Ethereum, which I think just touched $500 or is getting close, could be triple where it is as well," adds Novogratz, formerly a macro hedge fund manager at Fortress Investment Group.
The maximum that I expected from bit coin was 3000$ and it broke through all my expectations. Bit coin has already reached its latest record 20000$ and 40000$ is going to be doubling of the current price. Last year such doubling happen many times, so why not to happen at least once in 2018?!
Yeah with the acceptance btc gained last year, that's not impossible. Thoug of course corrections will play a part and there may be panic selling from jittery hands once again. But 40k can be branded as a decent target
Ethereum did touched the $1,000 mark and I guess there is a big group of whales that are starting to pump every coin.
Before it went to bitcoin, then litecoin, then xrp and now Ethereum. As Novogratz said that bitcoin will reach $40,000 this year let's trust him as there's nothing to be gone if we will believe on his prediction.
Waiting for bitcoin's bull and that's all we can do if you're a long term holder but if not, then keep buying.
Before it went to bitcoin, then litecoin, then xrp and now Ethereum. As Novogratz said that bitcoin will reach $40,000 this year let's trust him as there's nothing to be gone if we will believe on his prediction.
Waiting for bitcoin's bull and that's all we can do if you're a long term holder but if not, then keep buying.
The maximum that I expected from bit coin was 3000$ and it broke through all my expectations. Bit coin has already reached its latest record 20000$ and 40000$ is going to be doubling of the current price. Last year such doubling happen many times, so why not to happen at least once in 2018?!
In 2018 I think that the price of bitcoin has no boundaries and no barriers that can stop the price to reach whatever value it is. Just like what you've mention doubling of its current price, but if price might be able to surge back to how much it can be and possible it could take much higher or even quadruple of its current value. The biggest possibility is always there, so the best thing we can do is always wait for the actual scenario to show off.
The maximum that I expected from bit coin was 3000$ and it broke through all my expectations. Bit coin has already reached its latest record 20000$ and 40000$ is going to be doubling of the current price. Last year such doubling happen many times, so why not to happen at least once in 2018?!
Bitcoin could be at $40,000 at the end of 2018. It easily could," Michael Novogratz says on CNBC's "Fast Money
Ethereum, which I think just touched $500 or is getting close, could be triple where it is as well," adds Novogratz, formerly a macro hedge fund manager at Fortress Investment Group.
The price of bitcoin is too unpredictable, but against the backdrop of a low commission of altcoins it will be much more difficult to grow in price in 2018. I think $ 40,000 is the maximum mark that he will be able to touch at the end of next year.
maybe with more demand and more volume support at coinmarketcap position could lifted bitcoin price in this year which is eventually this prediction to reach $40k before end of year will come true and i think possible to do so and i wish everything will run smoothly with no upcoming bad news for bitcoin which make the price dropped suddenly
Bitcoin could be at $40,000 at the end of 2018. It easily could," Michael Novogratz says on CNBC's "Fast Money
Ethereum, which I think just touched $500 or is getting close, could be triple where it is as well," adds Novogratz, formerly a macro hedge fund manager at Fortress Investment Group.
Bitcoin could be at $40,000 at the end of 2018. It easily could," Michael Novogratz says on CNBC's "Fast Money
Ethereum, which I think just touched $500 or is getting close, could be triple where it is as well," adds Novogratz, formerly a macro hedge fund manager at Fortress Investment Group.
many investors ready to pay millions in bitcoin and many companies ready to accept it.
bitcoin can easy reach 40k at the end of 2018
It is possible, it is also possible for bitcoin to go and be traded for like 100$ per coin.... this is highly speculative asset and if you get good news surrounding bitcoin and other alts their marketcap can grow fast and pick new ATHs. Its not impossible for bitcoin to reach 40k specially if people start to see it like a gold mine for investing.
Bitcoin could be at $40,000 at the end of 2018. It easily could," Michael Novogratz says on CNBC's "Fast Money
Ethereum, which I think just touched $500 or is getting close, could be triple where it is as well," adds Novogratz, formerly a macro hedge fund manager at Fortress Investment Group.
I think it will reach > $40k sometime 2019.
2018 is the year for wall street whales to enter while price is still low.
Well everything is possible in bitcoin it can happen possibly by this year 2018. To hit $40k is somethings most traders to happen to get huge profit. As we know there are many still hodling bitcoin for a better profit this year.2018 is the year for wall street whales to enter while price is still low.
We all have our own varying predictions. One of few of us is bound to be correct. Either way, best bet is to always hold some if not all.
I think it will reach > $40k sometime 2019.
2018 is the year for wall street whales to enter while price is still low.
Well everything is possible in bitcoin it can happen possibly by this year 2018. To hit $40k is somethings most traders to happen to get huge profit. As we know there are many still hodling bitcoin for a better profit this year. 2018 is the year for wall street whales to enter while price is still low.
I think it will reach > $40k sometime 2019.
2018 is the year for wall street whales to enter while price is still low.
2018 is the year for wall street whales to enter while price is still low.
many investors ready to pay millions in bitcoin and many companies ready to accept it.
The funny part is are you ready to sell before that price or not? Are you ready to sell at 10k or 20k or are you looking for more?
It is this greed that determines whether you will get a lot of profits or regret.
bitcoin can easy reach 40k at the end of 2018
The funny part is are you ready to sell before that price or not? Are you ready to sell at 10k or 20k or are you looking for more?
It is this greed that determines whether you will get a lot of profits or regret.
bitcoin can easy reach 40k at the end of 2018
From this point of view the end of this year looks far away and everything seems possible.
If the price will rise fast like at the end of 2017 40000$ is possible but still I think that the growth will slow down a bit and 25000$ sounds more realistic to me.
Also there are some other things that could influence the price like forks, fees, unconfirmed transactions.
$25000 for bitcoin is not hard to hit, but there's also a possibility that $40000 reach at the end of 2018. Even though there's a lot of trial happen before touch that amount. Because if we see the gap of this amount from $40000 was so far.If the price will rise fast like at the end of 2017 40000$ is possible but still I think that the growth will slow down a bit and 25000$ sounds more realistic to me.
Also there are some other things that could influence the price like forks, fees, unconfirmed transactions.
However if you review the increasing of amount of bitcoin last 2017, it was increase from $900 to $15000 currently with gap of $14100 only.
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