How far bitcoin will it go this time and why? - page 4.

SM23031997

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Quote from: Slow death on May 10, 2019, 12:20:53 PM

Quote from: SM23031997 on May 05, 2019, 08:30:09 AM

We are all excited that bitcoin started moving forward again. Let's have some discussion here how far bitcoin will go this time.
Come up with your prediction, date when will it reach there and of course with a reason why you think it will reach that point.

$10,000 before end of year
I will keep it quite less until some countries come up with their actual stand on cryptocurrencies. As it will highly impact the market and push it to a new level or pull it to a new low.

I believe we will see the $ 20,000 price at the beginning of 2021. And the reason I believe we will see the price of $20.000 at the beginning of 2021 is because of this:

Bitcoin Block Reward Halving Countdown

people are buying early to hold

It can pump it more than you think as bitcoin halving is not a small event and possibly help trigger a new high.

Slow death

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Quote from: SM23031997 on May 05, 2019, 08:30:09 AM

We are all excited that bitcoin started moving forward again. Let's have some discussion here how far bitcoin will go this time.
Come up with your prediction, date when will it reach there and of course with a reason why you think it will reach that point.

$10,000 before end of year
I will keep it quite less until some countries come up with their actual stand on cryptocurrencies. As it will highly impact the market and push it to a new level or pull it to a new low.

I believe we will see the $ 20,000 price at the beginning of 2021. And the reason I believe we will see the price of $20.000 at the beginning of 2021 is because of this:

Bitcoin Block Reward Halving Countdown

people are buying early to hold

bitbunnny

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Quote from: fabiorem on May 10, 2019, 06:56:03 AM

12k by end of this year.
20k one year from now.
75k by end of 2020.
100k two years from now.
250k by end of 2021.
Fall to 25-50k by 2022.

Alternatively, there is the hypothesis of a five-year cycle.
Although the halvening happens each four years, a five-year cycle would imply in a more smooth increase, and a smaller bear market in turn. For a five-year cycle, we would reach 100k by end of 2021, 250k by end of 2022 and 1 million by end of 2027, in which point I think it would stabilize. I have a guess that some exchanges want this to happen, as it would bring more adoption of bitcoin as a currency, and not just as a speculative asset. Also, 2027 follow Casares prediction. This gives plenty of time for LN to develop and increase bitcoin use for retail markets.

Interesting figures but I would really like to know how did you get them. Probably just out of the blue because I can't see any solid ground based analysis that would support such figures.
It's interesting to see how every time when the price goes up we see exaggerated predictions based on nothing and as soon as starts to fall there start threads about Bitcoin being dead. Let's see what will happen this time.

gilangIDR

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Quote from: SM23031997 on May 05, 2019, 08:30:09 AM

We are all excited that bitcoin started moving forward again. Let's have some discussion here how far bitcoin will go this time.
Come up with your prediction, date when will it reach there and of course with a reason why you think it will reach that point.

$10,000 before end of year
I will keep it quite less until some countries come up with their actual stand on cryptocurrencies. As it will highly impact the market and push it to a new level or pull it to a new low.

What we can do is hope that real changes will occur. Indeed everything can happen in the world of cryptocurrencies, but our support will all determine whether cryptocurrencies and Bitcoin will experience positive changes. The price of Bitcoin will continue to increase and this is because there are more and more people who know Bitcoin so that the development of Bitcoin transactions continues to increase. Things like this will foster a strong belief value and it can make the existence of Bitcoin more and more positive.

romero121

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People have come up with different predictions about the growth bitcoin is to experience in the future. As for my opinion it is good to think about the present year and then can move on to the future, because the market is entirely different from other world markets. In no time big change could happen. I expect and predict the market to reach new ath by the time of upcoming halving. For the same the growth will take place from now onwards which probably take the price reach at least $12k by the end of the year.

fabiorem

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12k by end of this year.
20k one year from now.
75k by end of 2020.
100k two years from now.
250k by end of 2021.
Fall to 25-50k by 2022.

Alternatively, there is the hypothesis of a five-year cycle.
Although the halvening happens each four years, a five-year cycle would imply in a more smooth increase, and a smaller bear market in turn. For a five-year cycle, we would reach 100k by end of 2021, 250k by end of 2022 and 1 million by end of 2027, in which point I think it would stabilize. I have a guess that some exchanges want this to happen, as it would bring more adoption of bitcoin as a currency, and not just as a speculative asset. Also, 2027 follow Casares prediction. This gives plenty of time for LN to develop and increase bitcoin use for retail markets.

Cosbycoin

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Quote from: SM23031997 on May 05, 2019, 08:30:09 AM

We are all excited that bitcoin started moving forward again. Let's have some discussion here how far bitcoin will go this time.
Come up with your prediction, date when will it reach there and of course with a reason why you think it will reach that point.

$10,000 before end of year
I will keep it quite less until some countries come up with their actual stand on cryptocurrencies. As it will highly impact the market and push it to a new level or pull it to a new low.

Same prediction I made, and with the way we are already seeing a growth in the price of bitcoin, I believe that we might even see more than $10,000 by the end of the year, I am just happy that the bull run we have been waiting for the past 1 year is now coming to us, though slow but I know that we are all going to smile at the end as long as you never dumped your coin during the dip or you have already made purchase of as many btc as possible.

FanEagle

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Quote from: CryptoBry on May 07, 2019, 05:47:35 AM

Quote from: SM23031997 on May 05, 2019, 08:30:09 AM

We are all excited that bitcoin started moving forward again. Let's have some discussion here how far bitcoin will go this time.
Come up with your prediction, date when will it reach there and of course with a reason why you think it will reach that point.

$10,000 before end of year
I will keep it quite less until some countries come up with their actual stand on cryptocurrencies. As it will highly impact the market and push it to a new level or pull it to a new low.

I am wishing that Bitcoin can go up towards the $10,000 level before the end of the year but this is just a wish because we know that Bitcoin is one hell very unpredictable...there can be some developments to hinder that goal. So it can be safe to predict that at least $8,000 can easily be achieved before the year turns into 2020. Hopefully, next year is when the real bull run can happen and things will not get back to the 2018 level. Right now, slowly but surely institutional money is coming in and many small investors are taking notice...they are now realizing that missing the train can be bad on their pockets.

We still have about 7 more months to the end of the year and anything might happen within this space because there is still so much room for bitcoin to perform more. We never expected what happened the last time, that was April, many people predicted the price of bitcoin to fall back to $3000, but then, something happen within that little space of time that made bitcoin shoot up.

Now that we have some developments that we will be seeing their news over the media I some months’ time, we should expect, speedy recovery of the market soon, so I believe that we might be able to achieve the value of $10,000 by the end of the year.

omonuyak

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It is very clear that bitcoin is seriously heading up but how far it would go is not what any one can tell. I have been trading and follow the event of this market and it has been happening in this way when a strong bullish trend is about to commence.

ausbit

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Quote from: Pattart on May 08, 2019, 04:40:42 AM

Quote from: pooya87 on May 06, 2019, 12:18:40 AM

there is no way to predict the next ATH as it was impossible to predict $20k to be the previous ATH even when we were heading there. and based on my experience whenever people fixate on some price ($50k for example) it means the ATH is going to be a lot higher than that.

but the price by the end of this year is more predictable although still hard. i say somewhere around $10k is reasonable because the real resistances are near there and everything else below that mark is just the temporary panic sell resistance which only helps the whale accumulators.

And we still also have difficulty predicting where this price increase will end. prices can continue to rise, but prices can stop and fall if too many people sell their assets. as long as halving and many positive news have not come yet, then all possibilities can happen. but of course I hope the price can continue to break up to $10k

That is why I have stopped predicting and tired of all this prediction, we all have one common goal for our investment, to reap it when the price of bitcoin has reach its ATH which should be above the last figure it touched during the last bull, and for it to get to that, there will be so much turbulence on the way that will make it difficult to predict the exact time.

So instead on using my time to keep predicting or listening to prediction, I wait for the market to speak for itself and the media to ring big bell of bull run entrance. Till then, I focus on other things like trading, bounties and airdrops.

Chikitita2004

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Quote from: SM23031997 on May 05, 2019, 08:30:09 AM

$10,000 before end of year
I will keep it quite less until some countries come up with their actual stand on cryptocurrencies. As it will highly impact the market and push it to a new level or pull it to a new low.

End of this year is still a long way ahead so a lot can still happen. $10,000 is not bad, more realistic than $20,000 though we want it more but for a long time that we haven't tasted that much profit in bitcoin so I will also say $10,000 is more likely to happen before the end of this year. Anyway, its been a long wait but hodlers have no choice, if they don't want to lose they must wait. Pity on those who've purchased their coins when the price was high and now they are almost losing hope in recovering their capitals.

Pattart

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Quote from: pooya87 on May 06, 2019, 12:18:40 AM

there is no way to predict the next ATH as it was impossible to predict $20k to be the previous ATH even when we were heading there. and based on my experience whenever people fixate on some price ($50k for example) it means the ATH is going to be a lot higher than that.

but the price by the end of this year is more predictable although still hard. i say somewhere around $10k is reasonable because the real resistances are near there and everything else below that mark is just the temporary panic sell resistance which only helps the whale accumulators.

And we still also have difficulty predicting where this price increase will end. prices can continue to rise, but prices can stop and fall if too many people sell their assets. as long as halving and many positive news have not come yet, then all possibilities can happen. but of course I hope the price can continue to break up to $10k

SirLancelot

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Quote from: pooya87 on May 06, 2019, 12:18:40 AM

there is no way to predict the next ATH as it was impossible to predict $20k to be the previous ATH even when we were heading there. and based on my experience whenever people fixate on some price ($50k for example) it means the ATH is going to be a lot higher than that.

but the price by the end of this year is more predictable although still hard. i say somewhere around $10k is reasonable because the real resistances are near there and everything else below that mark is just the temporary panic sell resistance which only helps the whale accumulators.

You’re wrong, there was never a time they predict a price and it goes way above what they have predicted. Their predictions are never correct. No one was expecting the price to enter an uptrend in the month of April. A lot of analysis I was seeing back then were all saying that there is going to be a downtrend and that the price will drop to $2.5k before we can talk about it going back up. No one ever expected what happened, no media said anything about it and none of the so called influencers even knew that there was going to be an uptrend. Everyone just wake up the next day to see the price running up.

FanEagle

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Quote from: pooya87 on May 06, 2019, 12:18:40 AM

there is no way to predict the next ATH as it was impossible to predict $20k to be the previous ATH even when we were heading there. and based on my experience whenever people fixate on some price ($50k for example) it means the ATH is going to be a lot higher than that.

but the price by the end of this year is more predictable although still hard. i say somewhere around $10k is reasonable because the real resistances are near there and everything else below that mark is just the temporary panic sell resistance which only helps the whale accumulators.

Lol, if I am to work with your formula based on the part B of your first paragraph, since you said any time analyst predicts a particular value, there is tendency of bitcoin growing above that, now that you too have predicted $10k for the end of the year, which means we should be expecting something around 15K, that is not a bad value at all, that is already very close to the ATH of last bull.

AT least with that value by the end of this year, if people don’t Panic sell their holding to recover their last investment, and then we might double the value by next year, probably after the halving, or during the bull run.

CryptoBry

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Quote from: SM23031997 on May 05, 2019, 08:30:09 AM

We are all excited that bitcoin started moving forward again. Let's have some discussion here how far bitcoin will go this time.
Come up with your prediction, date when will it reach there and of course with a reason why you think it will reach that point.

$10,000 before end of year
I will keep it quite less until some countries come up with their actual stand on cryptocurrencies. As it will highly impact the market and push it to a new level or pull it to a new low.

I am wishing that Bitcoin can go up towards the $10,000 level before the end of the year but this is just a wish because we know that Bitcoin is one hell very unpredictable...there can be some developments to hinder that goal. So it can be safe to predict that at least $8,000 can easily be achieved before the year turns into 2020. Hopefully, next year is when the real bull run can happen and things will not get back to the 2018 level. Right now, slowly but surely institutional money is coming in and many small investors are taking notice...they are now realizing that missing the train can be bad on their pockets.

Psynthax

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Quote from: klaaas on May 06, 2019, 12:31:30 PM

The good/bad news makes it difficult to predict but a bottom at 10k is doable before the end of the year.Let the rise be 1k+ per month 15k is in sight.

But when the trend has turned into the bullish market and there will be some person that blindly bought more and more crypto without care about the news and 2017 can become the best example about that.
Bad or good news will give impact when there are some paying so much attention with it and started to create panic sell to the market.
This time bad news has already appeared and nothing happened with bitcoin. The latest news comes from bitfinex and tether gets a problem with US prosecutors.

rijaljun

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Quote from: SM23031997 on May 05, 2019, 08:30:09 AM

We are all excited that bitcoin started moving forward again. Let's have some discussion here how far bitcoin will go this time.
Come up with your prediction, date when will it reach there and of course with a reason why you think it will reach that point.

$10,000 before end of year
I will keep it quite less until some countries come up with their actual stand on cryptocurrencies. As it will highly impact the market and push it to a new level or pull it to a new low.

My prediction, Bitcoin will only be able to reach $10K level by the end of this year. More than this price is quiet impossible for me and I think is not really good too for Bitcoin to create new hype (we need adoption and not a hype). 10K USD is, in my opinion, the maximum price for Bitcoin to call it decent.

fasdorcas

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Quote from: SM23031997 on May 05, 2019, 08:30:09 AM

We are all excited that bitcoin started moving forward again. Let's have some discussion here how far bitcoin will go this time.
Come up with your prediction, date when will it reach there and of course with a reason why you think it will reach that point.

$10,000 before end of year
I will keep it quite less until some countries come up with their actual stand on cryptocurrencies. As it will highly impact the market and push it to a new level or pull it to a new low.

I have the feelings that there is going to be a huge increase but I don’t know to what extent, maybe from $30,000 to $50,000 or so, since no one can really say what’s it going to be. I believe this to be true because there are lots of events that are going to take place this year and next year so that means that there is going to be a bull run for sure.

Despite I have seen some people that are doubting and saying all sorts of things just to make sure that the price doesn’t go up, buh whatever it is, I’m always ready for whatever would be the outcome of it.

klaaas

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The good/bad news makes it difficult to predict but a bottom at 10k is doable before the end of the year.Let the rise be 1k+ per month 15k is in sight.

UnDerDoG81

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Also think about $8k...

Topic: How far bitcoin will it go this time and why? - page 4. (Read 11861 times)