Topic: Do you know the Estimated Price of Bitcoin in 2019? You will be surprised. (Read 669 times)
August 25, 2018, 08:04:36 AM
I think the other day bitcoin price went up to 8k in binance for like half an hour. People on twitter could not be happier
July 25, 2018, 02:55:42 AM
The estimated price of the bitcoin for me around 2019 will be 50k dollars because the highest possible price of the bitcoin in this year 201u will be 50k dollars. But no one know what is the exact value of the bitcoin in the year 2019.
July 25, 2018, 02:46:49 AM
Well, it sounds cool. But it's just prediction. I hope price will go higher day by day.
I think that is a very precise prediction.try you see since the 18th of yesterday bitcoin continue to rise, I'm very happy to see bitcoin start to green, this also dismiss negative opinion warren buffet I think.
Guys really. The recent price rise doesn't mesn anything just yet. I know we've all been badly beatem by a besr market that's been going on for most of the year but try to be a little conservative with your expectations. Few people expeced btc to go below 6k after it went to 9k last april. It happened then it can very well happen again.
July 22, 2018, 11:51:02 PM
Well, it sounds cool. But it's just prediction. I hope price will go higher day by day.
I think that is a very precise prediction.try you see since the 18th of yesterday bitcoin continue to rise, I'm very happy to see bitcoin start to green, this also dismiss negative opinion warren buffet I think.
Guys really. The recent price rise doesn't mesn anything just yet. I know we've all been badly beatem by a besr market that's been going on for most of the year but try to be a little conservative with your expectations. Few people expeced btc to go below 6k after it went to 9k last april. It happened then it can very well happen again.
July 21, 2018, 12:21:23 PM
Well, it sounds cool. But it's just prediction. I hope price will go higher day by day.
I think that is a very precise prediction.try you see since the 18th of yesterday bitcoin continue to rise, I'm very happy to see bitcoin start to green, this also dismiss negative opinion warren buffet I think.
July 21, 2018, 11:34:59 AM
Yeah, I wish. Bitcoin could soar as high as $64,000 next year. Here is the estimate:
"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.
"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.
July 20, 2018, 09:54:49 PM
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
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
Most of the people or cryptocurrency analyst today are expecting for the price of bitcoins to reach $50k dollars before the year ends and if the market price will always double every year then it can actually reach $100k dollars on 2019.
July 20, 2018, 04:22:33 PM
Now that bitcoin is getting on a bull again, I think we will be fine, and the estimate will hold.
There is a chance that the price by that year will actually reach $100k dollars because people today are always invest even more before the year ends just like what happened last year.
July 20, 2018, 10:10:46 AM
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
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
That is simply one company's prediction. No different than anybody else's prediction. There is nothing to be surprised about because its opinion, not fact. Bitcoin might only be $20k in 2019, or it might be $100k. We'll find out in the next 17 months.
July 20, 2018, 09:52:23 AM
Now that bitcoin is getting on a bull again, I think we will be fine, and the estimate will hold.
July 19, 2018, 06:19:37 AM
Hello everybody. Very valuable in this article is that until 2022 analysts do not see the price of bitcoin above $ 64,000. Although, this is just a prediction. How many people - so many opinions. Recently, I have not heard a single prediction about the death of Bitcoin in the coming year, it's already very good. It is hardly worth making serious conclusions and it is hardly worth considering these forecasts as a call to action, but this shows in the first place. turn that the leading analytical agencies see a huge prospect of digital gold. Time will tell .
The future is hidden and nobody can say anything about the future price of bitcoin, but I am sure that the price will go up because people are putting their money in it which will cause increase in the price.As I guess in 2019 the estimated price of bitcoin will be $30000. The most important thing is investment cap, which cause growth in the price. 
July 18, 2018, 04:49:52 AM
Yes Im surprised how peoeple still believe in forecasts like this.
Some people forecast things in order to get some fame or create a useless wave of discussions among the public. Well if we stay realistic, we are not going to get affected by these untrue predictions. We still need bitcoin to get legal in countless countries and still there is small portion of the world population who are aware of the miracles that can take place after investing into and supporting bitcoin. Of course its a prediction and the idea behind it could have an influence on bitcoins value in 2019.
As the mining difficulty raises so too will the effeciency of mining rigs i believe.
Regardless of all the predictions good or bad i believe 2019 will be better than '18
July 17, 2018, 10:11:10 AM
Well, it sounds cool. But it's just prediction. I hope price will go higher day by day.
because it's the highest coin, and everyone here is hoping for it they make money.
So you can not say negative on bitcoin because everything is positive.
And here I am getting my badget for my daily cost. Bitcoin is number 1 for all its users. If you do not use bitcoin to keep him silent because he does not know the good grace we receive from bitcoin.
Bitcoin will be always number 1 for me, because he is the first crypto currency and certainly the most powerful. And he always holds the highest positions in everything and I am sure that we always
July 17, 2018, 10:03:21 AM
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
"We believe that the current hash power growth path supports the BTC price of approximately $ 36,000 by the end of 2019, with a range of $ 20,000- $ 64,000," Sam Doctor.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
They are still predicting the price. I think that prediction is really going to happen. And reduce the panic for everyone.
July 17, 2018, 09:05:58 AM
Here is the quote:
"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.
He is the head of data science research, so he is not speculating, he is predicting. There is a huge difference.
"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.
He is the head of data science research, so he is not speculating, he is predicting. There is a huge difference.
Well if he's predicting, not speculating, who are we to question it.
Statistics don't say much.
“Statistics are like bikinis. What they reveal is suggestive, but what they conceal is vital.”
July 17, 2018, 08:45:33 AM
Here is the quote:
"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.
He is the head of data science research, so he is not speculating, he is predicting. There is a huge difference.
"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.
He is the head of data science research, so he is not speculating, he is predicting. There is a huge difference.
Well if he's predicting, not speculating, who are we to question it.
Statistics don't say much.
“Statistics are like bikinis. What they reveal is suggestive, but what they conceal is vital.”
July 17, 2018, 06:58:22 AM
I hope 20,000 dollars more the price of the bitcoin in the year 2019. But I don't expect too much the price bitcoin because bitcoin now are possible to decrease too because of the panic seller. I hope on the next few month bitcoin have a lot of new investor.
July 17, 2018, 04:53:14 AM
Here is the quote:
"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.
He is the head of data science research, so he is not speculating, he is predicting. There is a huge difference.
"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.
He is the head of data science research, so he is not speculating, he is predicting. There is a huge difference.
July 16, 2018, 02:36:55 PM
Yes Im surprised how peoeple still believe in forecasts like this.
Some people forecast things in order to get some fame or create a useless wave of discussions among the public. Well if we stay realistic, we are not going to get affected by these untrue predictions. We still need bitcoin to get legal in countless countries and still there is small portion of the world population who are aware of the miracles that can take place after investing into and supporting bitcoin. Of course its a prediction and the idea behind it could have an influence on bitcoins value in 2019.
As the mining difficulty raises so too will the effeciency of mining rigs i believe.
Regardless of all the predictions good or bad i believe 2019 will be better than '18
July 16, 2018, 02:25:40 PM
Hello everybody. Very valuable in this article is that until 2022 analysts do not see the price of bitcoin above $ 64,000. Although, this is just a prediction. How many people - so many opinions. Recently, I have not heard a single prediction about the death of Bitcoin in the coming year, it's already very good. It is hardly worth making serious conclusions and it is hardly worth considering these forecasts as a call to action, but this shows in the first place. turn that the leading analytical agencies see a huge prospect of digital gold. Time will tell .
May 31, 2018, 10:59:10 PM
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
If that happened I will be extremely happy, I do not have much bitcoin but I have enough of it that if bitcoin reached that price my life will change I just hope that my investments in altcoins go up before that so I can get my hands on even more bitcoin before bitcoin skyrockets again, but even if I would like that such a huge increase in the price it does not seem that likely. 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
May 31, 2018, 01:13:10 PM
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.c[Suspicious link removed]m/2018/05/10/bitcoin-could-soar-as-high-as-64000-next-year-fundstrat-predicts.html
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.c[Suspicious link removed]m/2018/05/10/bitcoin-could-soar-as-high-as-64000-next-year-fundstrat-predicts.html
that's a high price, I hope bitcoin can reach that price, and your prediction will come true.
May 31, 2018, 10:11:11 AM
Well, there are a lot of altcoins and bitcoin is in a different class by itself, but the altcoins have different purposes in education, security, exchanges, etc.
of course there are a lot of altcoins because alts can easily be created not unlike to bitcoin that it cant be duplicated anymore because bitcoin is the main primary crypto.
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but the altcoins have different purposes in education, security, exchanges, etc.
bitcoin does also have a lot of purpose and usage not just a currency alone but it can also be an asset and can be use in trading or investing . although i do agree that alts have a more complex usage because there are lots of them and single alts do have a different purpose.
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Re: Do you know the Estimated Price of Bitcoin in 2019? You will be surprised.
No one really knows what will be the future price of cryptos because no one can travel on the future . All we can do for now is to wait and have a solid faith/trust on them.
May 31, 2018, 03:30:03 AM
Well, there are a lot of altcoins and bitcoin is in a different class by itself, but the altcoins have different purposes in education, security, exchanges, etc.
May 29, 2018, 06:47:40 AM
Predicting unpredictable is something that shamans do. I would not call this "estimation".
Like similarly near to the crystal ball thing that you can foresee the future price and its exact date, at the end of the day this was called speculation based on future mining, we will be surprised because the price is really unpredictable when that year comes that we can just guess nearly to its accurate price, but I hope it will happen base on their prediction that would be another level of ATH. May 29, 2018, 06:20:30 AM
Well that sound good Man as we all hope that sooner or later Bitcoin value will reach such higher level of value in the nearest future. What then will be the market value of ethereum if Bitcoin will reach such height.
Don't expect altcoins to rise in value as much as Bitcoin.
The overwheling majority is trash!
And Ethereum has a lot of issues to solve. And as much it is loved, backed and pushed by corporations, if Ethereum will not be able to solve it's problems, this thing will drop hard.
Imo Eth is totally overhyped. But I trade it, to make more BTC with it.
So remember: for the long term hold it is Bitcoin what you have to own! Bitcoin!!
May 29, 2018, 06:02:57 AM
It didn't surprise me at. It is just normal. Bitcoin didn't lose value because it became unworthy or code bugs etc It was dumped because it gained value in very short time, it was very quick so needed to be colder.
Yeah I very much agree with this statement, it increased to quickly and had to come down. The thing is, that Japanese Mt. Gox trustee did not help either. 
May 28, 2018, 04:56:46 AM
Yes Im surprised how peoeple still believe in forecasts like this.
Some people forecast things in order to get some fame or create a useless wave of discussions among the public. Well if we stay realistic, we are not going to get affected by these untrue predictions. We still need bitcoin to get legal in countless countries and still there is small portion of the world population who are aware of the miracles that can take place after investing into and supporting bitcoin. May 26, 2018, 05:43:46 PM
Well that sound good Man as we all hope that sooner or later Bitcoin value will reach such higher level of value in the nearest future. What then will be the market value of ethereum if Bitcoin will reach such height.
May 26, 2018, 03:58:01 PM
It didn't surprise me at. It is just normal. Bitcoin didn't lose value because it became unworthy or code bugs etc It was dumped because it gained value in very short time, it was very quick so needed to be colder.
May 26, 2018, 10:15:46 AM
So, why do you suppose people should not believe it? Forecasts are plently galore these days, but it is part of the market, because what people believe is what people will do.
May 25, 2018, 03:57:43 AM
Yes Im surprised how peoeple still believe in forecasts like this.
May 25, 2018, 03:38:13 AM
Bold claim when we just moved below 8k.
May 25, 2018, 03:35:07 AM
Mining cost increases will increase the price because miners will sell it above their cost. For example, if it costs 8k to mine, they will not sell their mined bitcoin for 7k. It is too big to fail because a lot of large corporations and people, including nations invested in this thing.
Mining supply dictates prices because the total supply is limited. If you store national currencies under your bed they will, over time, become worthless.
Mining supply dictates prices because the total supply is limited. If you store national currencies under your bed they will, over time, become worthless.
May 25, 2018, 02:59:23 AM
Analysis is flawed, it is based on the premise that making something gives it a value equal to it's input costs, which is total horseshit. More bitcoins already exist than will ever be mined in the future. The thesis that mining supply dictates prices is no longer valid, it's only one input
May 25, 2018, 02:55:39 AM
I think this can reach the prices this year Bitcoin. It seems to me that we will move forward with 100K next year. We may be near the great rises very soon. But I think that there are a few problems to be solved first. Transfer speed for example!
Price $ 100,000 is a high price, and to reach that price will take a very long time. And I think in the year 2019 bitcoin can not reach the price of $ 100,000.
May 25, 2018, 02:38:10 AM
Well, crypto mining will be needed even when the last Bitcoins have been mined so this should keep the price high even when all is said and done.
May 23, 2018, 06:41:07 PM
Bitcoin price for 2022 is set to 250000 dollars comparing to 2019 estimation it is quite surprising looking at present price and future price estimation how we can reach such high targets
Bitcoin always have its own way to make impossible thing happened especially when people in doubt , everyone would wondering the same thing as you too but you know that even the growth of hash power to generate Bitcoin getting higher , Bitcoin would has no value when there's no interest in the future , so make sure the Bitcoin ecosystem itself growing too, more importantly the adoption. May 23, 2018, 04:04:24 PM
It is in a bear trend and it is the best time to buy more BTC. Like they said, buy when blood is running on the streets, and from the looks of the comments, we are in that time. Buy now, thank me later!
May 23, 2018, 09:33:22 AM
I hope your prediction will really happen in the year of 2019 because if bitcoin reach that we will earn more profit.
The possible price of the bitcoin in the year of 2019 is upto $50,000 but they have chances to decrease . But it's only prediction and we don't know what really happen to bitcoin but I hope the price become very high again.
The possible price of the bitcoin in the year of 2019 is upto $50,000 but they have chances to decrease . But it's only prediction and we don't know what really happen to bitcoin but I hope the price become very high again.
May 23, 2018, 05:02:47 AM
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?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
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
May 23, 2018, 04:27:33 AM
What do you think about the performance of bitcoin over the last 12 months:
Last three years chart also same ratio in bitcoin performance so this year is little collapsed in the market but surely it will growing fastly in end of the year. Because Russian government is announced the good news of cryptocurrency so this will legalised in June month that time some big hype is expected in Bitcoin and altcoin. 
May 23, 2018, 03:57:55 AM
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
Personally I think we can get 50k to 70k price for 2019 as the highest price.,As we have observe in the past years, the price usually struggles in the first 3months of the year but it kicks in again by the 2nd quarter.,people and industries are starting to realize the impact of cryptos in their businesses and these will lead to a mayor change in the cryptocurrency world. 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
May 23, 2018, 12:21:21 AM
What do you think about the performance of bitcoin over the last 12 months:
That's it? 12 months is too short my friend. Zoom out and see where Bitcoin was from 5 years ago. It went a very long way since 2013, from development, growth of hash rate, user acceptance and the price. Its progression is still very much alive.
May 22, 2018, 01:39:20 PM
McAfee wrote code in the early days of PC home models. Doesnt mean he has a good estimate to technology now or more relevant would be economic and market dynamics.
Its possible he knows his cryptography because that relates to polymorphic code in viruses but sadly I hear little of this from him.
On the basis of the simplest points being often the most true I would have to disagree on this simple point. BTC price can fall below the mining cost, its possible in other commodities and happens commonly. It leads to productive decline and also losses in those company operations but it doesnt mean the commodity price cannot fall.
Its possible he knows his cryptography because that relates to polymorphic code in viruses but sadly I hear little of this from him.
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The economics of bitcoin mining also likely create a support level for the cryptocurrency, Doctor said.
On the basis of the simplest points being often the most true I would have to disagree on this simple point. BTC price can fall below the mining cost, its possible in other commodities and happens commonly. It leads to productive decline and also losses in those company operations but it doesnt mean the commodity price cannot fall.
May 22, 2018, 12:15:39 PM
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
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
The funny thing is that everyone has a different prediction. John McAfee predicts $1,000,000 by the end of 2020. If I knew for sure that Bitcoin would reach $64,000 or even just $36,000 by the end of 2019, I would buy as many Bitcoins as I could now. But we just don’t know for sure. In fact there are those that predict Bitcoin will eventually go to zero.
May 22, 2018, 09:35:25 AM
We are not going there, just relax. The main sign that these predictions based on the previous experience, don't work anymore is Consensus 2018. Previously all these events just immediately led to the amazing price growth (not only for BTC, but for alts in top-250 also). But now the price was just indifferent to this event.
Tomas Lee predicted that BTC would have reached $15k by now, but even he made a mistake.
Tomas Lee predicted that BTC would have reached $15k by now, but even he made a mistake.
May 22, 2018, 08:26:10 AM
At this moment, i think its very hard to imagine that bitcoin could go that high next year. But begin of 2017 nobody would belive you if you told them that bitcoin will go to twenty thousand. So i learned in the cryptocurrency world is everything possible. SO i would be very happy when bitcoin would hit this target price
May 22, 2018, 08:20:58 AM
I think this can reach the prices this year Bitcoin. It seems to me that we will move forward with 100K next year. We may be near the great rises very soon. But I think that there are a few problems to be solved first. Transfer speed for example!
Price $ 100,000 is a high price, and to reach that price will take a very long time. And I think in the year 2019 bitcoin can not reach the price of $ 100,000.
May 22, 2018, 07:06:00 AM
Bitcoin price for 2022 is set to 250000 dollars comparing to 2019 estimation it is quite surprising looking at present price and future price estimation how we can reach such high targets
May 22, 2018, 02:48:17 AM
What do you think about the performance of bitcoin over the last 12 months:
May 22, 2018, 01:46:57 AM
I know we would get to $64,000 in 2019 based on personal conviction. We are going to make significant progress any moment from now and those that will be able to hold are actually going to make good money in future. However the temptations for one to sell with little profits is always there.
May 22, 2018, 01:10:01 AM
Analytical agency Fundstrat Global Advisors LLK published its Forecast.
"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.
"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.
Another Fundstrat prediction? Proceed with caution!
I'm glad they've provided some rationale for their prediction: hash power growth. But I don't see the causal link between hash power growth and bitcoin price growth. The hash power alone refers to how many bitcoin miners are participating in the activity and the difficulty of mining (which corresponds to the number of bitcoins left to be mined).
But hashing power is also an indicator of the network's growth, that can also be an indicator of a growing demand by miners for more mining chips from the ASIC manufacturing industry.
I believe that miners are still taking the risk means that there is still a demand for Bitcoins. Include that with the next halving on 2020 then we will see all time highs again.
Quote
They also mention economics and capex and cost of mining machines. It's as if they're implying that if bitcoin is more expensive to mine that the price of bitcoin will have to increase. But the price activity doesn't work this way. They're implying that bitcoin miners will hold their bitcoin until they receive a price that guarantees a sufficient profit margin. Do bitcoin miners do this today? If not, we cannot assume they'll do it in the future.
"High price" is the price we have today partly because of the network's growth. How high was Bitcoin 3 years ago and how high was the hash power? There is a correlation.
Fundstrat's "prediction" may be not be correct but their idea in general is.
May 22, 2018, 12:25:16 AM
everyone has their respective predictions about bitcoin prices in the future, I think bitcoin will reach $ 30k in 2019.
I hope I am wrong and you are correct...I have a lot of BTC (or enough where a 4k drop would be bad, very bad at 4k)
My current view is to sell the BTC (some or part) and invest in altcoins (LISK comes to mind, a pos coin an others)
This whole mt. gox dumping of 1.4 Billion USD of BTC has me 'twitchy'
may need to 'hunt' elsewhere (Altcoins) until this clears up, hopefully by the end of the year..that is a lot of BTC to eat by 2019!
Unsure, pondering options
May 22, 2018, 12:19:50 AM
everyone has their respective predictions about bitcoin prices in the future, I think bitcoin will reach $ 30k in 2019.
May 22, 2018, 12:17:37 AM
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
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
I can never find info on if they take into consideration that the mt. gox trustee has to move 1.4 Billion USD of BTC by the end of the year (IMHO, I
can't see this going on into the 3rd year of the mt. gox trustee)
that IMHO, is why the price is dorked sideways and is not recovering but in fits and starts
brad
May 22, 2018, 12:14:56 AM
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
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.
no it doesn't work like that.
when you run a business (a bitcoin mining operation in this case) then you will have bills to pay and in order to have money to pay those bills you will have to sell your product (in this case new bitcoins that you get from mining). you can't hold those and pay the bills out of your pocket. and if your business is no longer profitable you stop the costs (meaning shutting down miners).
and miners don't cause a crash because they are constantly selling their coins and majority of them don't sell on exchanges. they sell off the market.
May 21, 2018, 11:42:14 AM
I think this can reach the prices this year Bitcoin. It seems to me that we will move forward with 100K next year. We may be near the great rises very soon. But I think that there are a few problems to be solved first. Transfer speed for example!
May 21, 2018, 11:41:32 AM
The price of bitcoin in the coming years can only be spoken by someone who has visited the future and knows him. Everything else, this guessing on the coffee grounds. Bitcoin in general is unpredictable in its value. I do not remember that anyone predicted that by the end of last year it would rise to $ 20,000, as well as the fact that it would then drop to almost $ 6,000. Therefore, no one knows how he will behave in the future. However, an increase in its price by the end of next year to $ 64,000 will again introduce a very large confusion in prices and this will affect all the Crypto-currency. It is necessary to imagine what the next bitcoin correction will be after such growth and how long it will last.
May 21, 2018, 11:38:10 AM
Analytical agency Fundstrat Global Advisors LLK published its Forecast.
"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.
"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.
Another Fundstrat prediction? Proceed with caution!
I'm glad they've provided some rationale for their prediction: hash power growth. But I don't see the causal link between hash power growth and bitcoin price growth. The hash power alone refers to how many bitcoin miners are participating in the activity and the difficulty of mining (which corresponds to the number of bitcoins left to be mined).
They also mention economics and capex and cost of mining machines. It's as if they're implying that if bitcoin is more expensive to mine that the price of bitcoin will have to increase. But the price activity doesn't work this way. They're implying that bitcoin miners will hold their bitcoin until they receive a price that guarantees a sufficient profit margin. Do bitcoin miners do this today? If not, we cannot assume they'll do it in the future.
May 21, 2018, 11:04:25 AM
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 ..
May 21, 2018, 11:03:57 AM
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.
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.
May 21, 2018, 11:02:13 AM
Predicting unpredictable is something that shamans do. I would not call this "estimation".
May 21, 2018, 10:56:11 AM
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.
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.
May 21, 2018, 09:08:57 AM
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:
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.
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.
May 21, 2018, 08:59:42 AM
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?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
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
May 21, 2018, 08:52:09 AM
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
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.
May 21, 2018, 08:40:29 AM
Well, it sounds cool. But it's just prediction. I hope price will go higher day by day.
May 21, 2018, 08:21:48 AM
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
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.
May 21, 2018, 07:59:20 AM
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
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
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