Pages:
Author

Topic: Do you know the Estimated Price of Bitcoin in 2019? You will be surprised. - page 4. (Read 609 times)

jr. member
Activity: 224
Merit: 1
bitcoin price prediction is still spelled out 50:50, could rise also could fall in price but in my opinion in 2019 bitcoin prices will rise ..
sr. member
Activity: 476
Merit: 259
Predictions are all nice, but they stay in the predictions range, no one should ever rely on a prediction that someone's else made.
Those predictions usually are just random and are based on true speculation, no analyze is being involved.
Not only that,usually the persons who do the predictions has a position open, so their opinion is not natural and they are most likely to choose based on their position.
newbie
Activity: 57
Merit: 0
Predicting unpredictable is something that shamans do. I would not call this "estimation".
sr. member
Activity: 896
Merit: 290
In 2014/2015 everyone was saying bitcoin would be 10k by 2016, it took a full year later to reach that price, I think it's somewhat irresponsible to think that bitcoin will shoot back up to all time highs faster this time around. It took a 2-3 bear trend to finally fizzle out around a halving to ramp up to a bull market again....could be the same thing here...we have to wait until 2020 to see bitcoin around 50k.

If you don't like it then sell, I and many others hodl'd through the roughest times when bitcoin made lows around $200.....the newer retail investors i see on youtube and on reddit are so spoiled and entitled it's sickening.
legendary
Activity: 2114
Merit: 1292
There is trouble abrewing
unfortunately their "prediction" is nearly as meaningless as all the others who are predicting a drop because you can not predict bitcoin like this. you can say it will rise in the long term because that much is inevitable thanks to growing demand and a limited supply that bitcoin has but when and how much of it is never predictable.

i don't understand this part either:
"We believe the current path of hash power growth supports a BTC price of about $36,000 by 2019 year end,

what does hash power have anything to do with the price? it just shows mining bitcoin is so profitable that the number of bitcoin miners is increasing.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
Analytical agency Fundstrat Global Advisors LLK published its Forecast.
Bitcoin could soar as high as $64,000 next year, investment research firm Fundstrat predicts
"We believe the current path of hash power growth supports a BTC price of about $36,000 by 2019 year end, with a $20,000-$64,000 range," Sam Doctor, head of data science research at Fundstrat, said in a report. Hash power refers to the processing power computers need to generate bitcoins.
That's roughly four times or more from bitcoin's price Thursday of near $9,300.
The economics of bitcoin mining also likely create a support level for the cryptocurrency, Doctor said.
Source for the prediction: https://www.cnbc.com/2018/05/10/bitcoin-could-soar-as-high-as-64000-next-year-fundstrat-predicts.html
Are not you getting tired of this what you called experts and big names or agency's?
None of this comes to reality ,maybe neared but never been,and the problem is most of those who reads something like this believe that this will happens,

Why not be contented on what will bitcoin brings to us?instead of expecting in false hopes
sr. member
Activity: 644
Merit: 259
CryptoTalk.Org - Get Paid for every Post!
Analytical agency Fundstrat Global Advisors LLK published its Forecast.
Bitcoin could soar as high as $64,000 next year, investment research firm Fundstrat predicts
"We believe the current path of hash power growth supports a BTC price of about $36,000 by 2019 year end, with a $20,000-$64,000 range," Sam Doctor, head of data science research at Fundstrat, said in a report. Hash power refers to the processing power computers need to generate bitcoins.
That's roughly four times or more from bitcoin's price Thursday of near $9,300.
The economics of bitcoin mining also likely create a support level for the cryptocurrency, Doctor said.
Source for the prediction: https://www.cnbc.com/2018/05/10/bitcoin-could-soar-as-high-as-64000-next-year-fundstrat-predicts.html

As the difficulty for mining bitcoin increases, it will be consuming more power and will be using high end mining rigs. Thus the overall mining activity will be very costly and in this case the miners will have no choice but to hold their bitcoins until such time that they can sell it. This move will be causing a spike on bitcoins price but the moment the expected price reached a certain level and the miners will sell their coins another temporary crash will occur. But after that the prices will go up again.
Holding th currency will undoubtedly be in the best interest of bitcoin everywhere because with more and more people holding their coins, the more stable and less volatile the currency is going to be which will lead in a surge in the price of bitcoins, what am afraid is that when everyone starts to sell am sure that it will bring the value down again.
newbie
Activity: 84
Merit: 0
Well, it sounds cool. But it's just prediction. I hope price will go higher day by day.
hero member
Activity: 994
Merit: 544
Analytical agency Fundstrat Global Advisors LLK published its Forecast.
Bitcoin could soar as high as $64,000 next year, investment research firm Fundstrat predicts
"We believe the current path of hash power growth supports a BTC price of about $36,000 by 2019 year end, with a $20,000-$64,000 range," Sam Doctor, head of data science research at Fundstrat, said in a report. Hash power refers to the processing power computers need to generate bitcoins.
That's roughly four times or more from bitcoin's price Thursday of near $9,300.
The economics of bitcoin mining also likely create a support level for the cryptocurrency, Doctor said.
Source for the prediction: https://www.cnbc.com/2018/05/10/bitcoin-could-soar-as-high-as-64000-next-year-fundstrat-predicts.html

As the difficulty for mining bitcoin increases, it will be consuming more power and will be using high end mining rigs. Thus the overall mining activity will be very costly and in this case the miners will have no choice but to hold their bitcoins until such time that they can sell it. This move will be causing a spike on bitcoins price but the moment the expected price reached a certain level and the miners will sell their coins another temporary crash will occur. But after that the prices will go up again.
full member
Activity: 490
Merit: 110
Analytical agency Fundstrat Global Advisors LLK published its Forecast.
Bitcoin could soar as high as $64,000 next year, investment research firm Fundstrat predicts
"We believe the current path of hash power growth supports a BTC price of about $36,000 by 2019 year end, with a $20,000-$64,000 range," Sam Doctor, head of data science research at Fundstrat, said in a report. Hash power refers to the processing power computers need to generate bitcoins.
That's roughly four times or more from bitcoin's price Thursday of near $9,300.
The economics of bitcoin mining also likely create a support level for the cryptocurrency, Doctor said.
Source for the prediction: https://www.cnbc.com/2018/05/10/bitcoin-could-soar-as-high-as-64000-next-year-fundstrat-predicts.html
Pages:
Jump to: