This is bitcointalk gold...everyone should read this thread.. The Master has quietly gained a following here methinks..I still check he's analysis thread for updates.
It is unreal how well he has called it so far imo.
Topic: Legendary Bitcoin Trader “masterluc” Predicts $15,000 Bitcoin This Year (Read 5024 times)
December 06, 2017, 11:18:27 PM
December 06, 2017, 08:01:24 PM
Great to see how crazy $15k was for this year just over 3 months ago and now with weeks left in the year we're only $600 away and will probably blow right on by it in the coming days haha.
December 06, 2017, 07:51:45 PM
Wow, what a precise prediction. I never heard of masterluc before, but I now definitely will read up what I can find about him. Seems like he is on top of his game still. Right before the end of 2017 we will see the $15,000.
December 06, 2017, 07:22:01 PM
Almost there 
August 29, 2017, 06:55:52 AM
Is that a fact? There's literally no banking and hasn't been for 6 months. Institutional investors? LOL. They wouldn't touch Bitfinex with a barge pole.
They're claiming they have special banking arrangements for their 'institutional investors' presumably linked to some shell company on an obscure Caribbean island registered to a toothless fisherman on a beach.
That's exactly what Wall St likes to deal with.
The explosion of Tether does make sense if all USD related to Bitfinex moved into it, but I don't see how it got there.
Instead of saying anything about cashing in USDT for real dollars via the Tether bank accounts they said people could swap it for real USD on Kraken. So in effect it's offloading the backing onto other mugs who believe it'll ever be redeemable.
https://www.reddit.com/r/BitcoinMarkets/comments/6uarbw/so_whats_the_subs_opinion_on_this_finex_and/dlszvio/
August 29, 2017, 06:30:59 AM
So you're speaking about the USDT car wash token I'd guess right!?
I've read several blog posts about that and if it's turned out to be true, well it could get really ugly.
I've read several blog posts about that and if it's turned out to be true, well it could get really ugly.
Indeed. It's ever so slightly fishy that this run started off almost to the minute that their USD banking ended and the amount of USDT started swelling from $10 million to now well over $300 million.
I definitely believe the Bitfinex/Poloniex rally (where they developed a massive premium over the other exchanges, which were hesitant to follow) catalyzed the May rally. That's not to say it wouldn't have happened otherwise, but they were the driving force.
The Tether supply expansion can be explained if you account for an exodus from Bitfinex to Poloniex, Kraken, Bittrex, BTC-e and other exchanges that accept(ed) USDT deposits. Does that make me comfortable, though? No. It just means that if something very bad happens to Bitfinex (and I think the chances of that are high, given their precarious legal decisions and incompetence regarding security), the fallout from USDT plummeting in value will spread to many other exchanges. This wouldn't be like Gox; customers will be devastated on many exchanges if Bitfinex goes down.
They keep going on about 'institutional investors' moving 7-8 figures daily in and out of Tether.
Is that a fact? There's literally no banking and hasn't been for 6 months. Institutional investors? LOL. They wouldn't touch Bitfinex with a barge pole.
August 29, 2017, 06:20:40 AM
I don't think it will. By hitting $15k it would really take something much more than just a fork gone right. It would mean that at least 5% of the world is using bitcoin, which it currently is not. We have made tons of progress but not that much to push us over $10k yet.
5% of the world getting in would probably push the price into the high tens of thousands or more.
There are maybe 10-20 million people involved now, and that might be extremely optimistic. That's 0.13-0.26% of the world's population.
Well yeah. Even if it hits just 1% adoption it would mean that bitcoin will be easily soaring over the predicted price of $15k. However the point here is, this pump is backed by nothing other than pure 100% speculation (apart from 1st August being not as disruptive as we thought, that is, but that doesn't mean that btc should have just gone up 800%).
I'm not saying that $15k is impossible, i just think that this is something irrational that a lot of people seem to say when the markets are in bull mode and it seems to not be coming down. Just because this guy predicted a crash, it shouldn't mean that his words are the gospel... Use your logic instead, question yourself whether or not you think another 400% rise is possible this year. If you are comfortable taking that risk then sure, nobody is stopping you. But personally i wouldn't.
August 29, 2017, 05:18:42 AM
I don't think it will. By hitting $15k it would really take something much more than just a fork gone right. It would mean that at least 5% of the world is using bitcoin, which it currently is not. We have made tons of progress but not that much to push us over $10k yet.
5% of the world getting in would probably push the price into the high tens of thousands or more.
There are maybe 10-20 million people involved now, and that might be extremely optimistic. That's 0.13-0.26% of the world's population.
August 29, 2017, 05:05:36 AM
If BTC reached 15K this year I will be very upset because I didn't buy enough when I could have.
However it is a nice perspective to ponder on for the lucky ones who made better choices than me!
However it is a nice perspective to ponder on for the lucky ones who made better choices than me!
I don't think it will. By hitting $15k it would really take something much more than just a fork gone right. It would mean that at least 5% of the world is using bitcoin, which it currently is not. We have made tons of progress but not that much to push us over $10k yet.
Personally i have made enough profit already, and i don't feel like taking on much risk right noww so i have cashed out 80% of my stash.
Anyways, i do think that bitcoin will be able to get to $15k, $4k is already overvalued. We probably will hit $5k this year though for a nice all time high record to ponder at in the next few years.
August 28, 2017, 09:36:43 AM
There's a BFX employee on there who basically doesn't address a single concern with anything resembling facts.
Yeah, and 'member that 20-something PR guy that defended them during that whole hacking debacle?
So where is he now? Did he leave because he secretly feared or knew that the exchange was running shady practices and didn't want his name/rep associated when they collapse?
August 28, 2017, 07:39:24 AM
So you're speaking about the USDT car wash token I'd guess right!?
I've read several blog posts about that and if it's turned out to be true, well it could get really ugly.
I've read several blog posts about that and if it's turned out to be true, well it could get really ugly.
Indeed. It's ever so slightly fishy that this run started off almost to the minute that their USD banking ended and the amount of USDT started swelling from $10 million to now well over $300 million.
They keep going on about 'institutional investors' moving 7-8 figures daily in and out of Tether. What 'institutional investor' in their right mind would deal with a company with that track record and Tether's terms and conditions? They've outright said that they bank like criminals, ducking and diving to stay ahead of everyone.
It's going to be worse than Gox if it turns out to be true. Bitfinex has a habit of killing rallies either through incompetence or outages. This one might be their crowning achievement.
This is a relevant thread - https://www.reddit.com/r/BitcoinMarkets/comments/6uarbw/so_whats_the_subs_opinion_on_this_finex_and/
There's a BFX employee on there who basically doesn't address a single concern with anything resembling facts.
August 28, 2017, 07:34:25 AM
It would mean that bitcoin is at around $300 billion in market cap.
So what? Do you really think market cap means anything at all?
Reaching that price is down to a few thousand sellers and buyers on a handful of exchanges. Nothing else commands the price.
And the rise from $1000 was probably created by Bitfinex pumping it with non existent money anyway.
So you're speaking about the USDT car wash token I'd guess right!?
I've read several blog posts about that and if it's turned out to be true, well it could get really ugly.
August 28, 2017, 07:21:36 AM
It would mean that bitcoin is at around $300 billion in market cap.
So what? Do you really think market cap means anything at all?
Reaching that price is down to a few thousand sellers and buyers on a handful of exchanges. Nothing else commands the price.
And the rise from $1000 was probably created by Bitfinex pumping it with non existent money anyway.
August 28, 2017, 05:42:01 AM
If the price more than quadrupled this year, why not another jump less than 3x higher?
Have you thought about the exact opposite argument? The price has actually more than quadrupled in the past 12 month period, and to expect it to jump 3-4x higher would be pretty ridiculous. It would mean that bitcoin is at around $300 billion in market cap.
As much as i am willing to see this happen i just don't think it's possible this year, or the next.
Bitcoin can achieve these sort of price levels, if given the right condition and lots of time. But short term wise, price is quite high. We are not even certain on whether or not there will be a major adjustment coming or not, let alone bitcoin going to $15k.
August 28, 2017, 02:33:18 AM
If the price more than quadrupled this year, why not another jump less than 3x higher?
As they say, lip is not a fool)
August 28, 2017, 01:21:34 AM
If the price more than quadrupled this year, why not another jump less than 3x higher?
August 28, 2017, 01:10:18 AM
Ask any oldtimer, and you’ll find that masterluc is something of a legend in the Bitcoin community. His main claim to fame is that he called the top of the November 2013 Bitcoin bubble and the subsequent bear market.
On December 6, with the price at $1100, he said:
“Third day in a row I wake up, see charts and ask myself "Is this the end?" and third day in a row answer is "Yes.” End of first historical bullish trend 2010-2013.”
https://cointelegraph.com/news/legendary-bitcoin-trader-masterluc-predicts-15000-bitcoin-this-year
Is this a joke or what? Those running Bitcoin said there will be a split on November, and that Bitcoin cash wasn’t as a result any split. It’s UST few months before November, and someone is trying to tell me price will hit $15,000? That’s crazy. On December 6, with the price at $1100, he said:
“Third day in a row I wake up, see charts and ask myself "Is this the end?" and third day in a row answer is "Yes.” End of first historical bullish trend 2010-2013.”
https://cointelegraph.com/news/legendary-bitcoin-trader-masterluc-predicts-15000-bitcoin-this-year
August 27, 2017, 08:28:36 AM
It really seems that it is not possible.... unless we experience some similar rise as the Q4 2013.. in which case it would be *WAY* more higher than $15K. But that is completely impossible, isn't it?
August 27, 2017, 08:24:55 AM
Ask any oldtimer, and you’ll find that masterluc is something of a legend in the Bitcoin community. His main claim to fame is that he called the top of the November 2013 Bitcoin bubble and the subsequent bear market.
On December 6, with the price at $1100, he said:
“Third day in a row I wake up, see charts and ask myself "Is this the end?" and third day in a row answer is "Yes.” End of first historical bullish trend 2010-2013.”
https://cointelegraph.com/news/legendary-bitcoin-trader-masterluc-predicts-15000-bitcoin-this-year
On December 6, with the price at $1100, he said:
“Third day in a row I wake up, see charts and ask myself "Is this the end?" and third day in a row answer is "Yes.” End of first historical bullish trend 2010-2013.”
https://cointelegraph.com/news/legendary-bitcoin-trader-masterluc-predicts-15000-bitcoin-this-year
Wow, $15k for BTC1? No way! We are already in August now almost September 2017, that means we have only 4 months away to 2018. I don't think there is any chance of bitcoin tripling in price by the end of this year. Perhaps in December 2018, that one I think is possible but 2017 no way man! The guys may be "Legendary" but we are all human beings, that means our predictions are not always right. Sometimes our predictions are right and some are wrong.
August 26, 2017, 06:23:39 PM
Prediction is just what it is. I never thought the price we've seen this year is going to come soon. The truth of bitcoin is: we can never time the next price
Exactly. But is it going to go up by 30x in a year? I don't think so. Remember back in September last year we were looking at $600 as a relatively high price, and all of a sudden we are at $4k. But $15k is a completely different narrative, it is far beyond the scope of what we can achieve this year imo.
Long term wise it's no worries, but this year probably not going to happen.
Well, we have two schools of thought on this, and we really have no precedent to decide which is more legitimate. The first looks at the past to extrapolate that similar logarithmic gains can be realized in the future. The second says that this type of growth is unsustainable because it takes an exponentially increasing amount of money to continue pushing the market higher.
I'd say the former scenario is possible if institutions and hedge funds become heavily involved in the market. They can push the markets further (in both directions) than you can probably stomach once the derivatives markets are in full swing. Looks like we are getting there with LedgerX. What a time to be alive!
August 26, 2017, 05:08:12 PM
His main claim to fame is that he called the top of the November 2013 Bitcoin bubble and the subsequent bear market.
Or calling the bottom in July 2013 (paraphrasing a bit: buy everything below $60). Or calling various bull traps in 2014 (which I fell for myself, reliably, over and over again).
However, I give him most credit for a different type of prediction, about his own limitations. Early 2015 (someone else could look up the exact month), he essentially declared the bear market to be over, but added (paraphrasing, again): no targets this time, I cannot trade this anymore.
He's a competent trader, that much is plain visible if you check his post history. But he also seems to have a sense of distinguishing epistemic and aleatory uncertainty governing his trades. That's what makes him (in my opinion) a great trader.
/fanboyism
buying is easier, selling (at the right time) is hard.
August 26, 2017, 05:03:44 PM
His main claim to fame is that he called the top of the November 2013 Bitcoin bubble and the subsequent bear market.
Or calling the bottom in July 2013 (paraphrasing a bit: buy everything below $60). Or calling various bull traps in 2014 (which I fell for myself, reliably, over and over again).
However, I give him most credit for a different type of prediction, about his own limitations. Early 2015 (someone else could look up the exact month), he essentially declared the bear market to be over, but added (paraphrasing, again): no targets this time, I cannot trade this anymore.
He's a competent trader, that much is plain visible if you check his post history. But he also seems to have a sense of distinguishing epistemic and aleatory uncertainty governing his trades. That's what makes him (in my opinion) a great trader.
/fanboyism
August 26, 2017, 04:53:24 PM
I say that $21K is possible, but don't really expect it.
masterluc's graphs are very cool, though.
masterluc's graphs are very cool, though.
August 26, 2017, 03:45:38 PM
15k for sure this year? you should be less dreamer and more realistic
bitcoin did over 900% this year, really cannot do 15k which would be something like 1400%
if your expectations will be realistic you can be surprised when it will be more, but when your expectations are stupid, you will be just pissed off.
there is no way in 4mo do another 1000%
What is good about current price is you can use earnings to earn more in altcoins in meantime when btc is going sideways, nothing wrong with cashing ouf from btc to gain more on others and then buy back , it's called trading and it's fun.
I'll be happy to be mistaken, but........ we'll see I'm not
bitcoin did over 900% this year, really cannot do 15k which would be something like 1400%
if your expectations will be realistic you can be surprised when it will be more, but when your expectations are stupid, you will be just pissed off.
there is no way in 4mo do another 1000%
What is good about current price is you can use earnings to earn more in altcoins in meantime when btc is going sideways, nothing wrong with cashing ouf from btc to gain more on others and then buy back , it's called trading and it's fun.
I'll be happy to be mistaken, but........ we'll see I'm not
August 26, 2017, 02:10:35 PM
If the whole world decides to enter Bitcoins at an extreme level (and it's already being done after media's involvement) and sees it as the best investment "asset" to bet upon, there's nothing that could stop Bitcoins to even cross a million (Satoshi's dream) so 40k - 100k is nothing and if we will surely see $15k this year, I bet there will be many who must be crying the hell out of their eyes for they couldn't resist selling off.
August 26, 2017, 01:54:36 PM
If we are going to see $15000 this year, I think we may have been pushing it too much and its not be really good because it's more like to be a bubble that will burst soon. Realistically, around $6000 would be a safe bet for me.
What would it take to get to $15000? I'm not saying that the market is already saturated, but how can new investors enter if we keep seeing the price increasing? So be able to get to at least $5000 now, we need some minor adjustments along the way so that others can get it. $15000 will definitely touch, no doubt, but not this year, I speculate in the next 2 years or so this can be done but not this year.
What would it take to get to $15000? I'm not saying that the market is already saturated, but how can new investors enter if we keep seeing the price increasing? So be able to get to at least $5000 now, we need some minor adjustments along the way so that others can get it. $15000 will definitely touch, no doubt, but not this year, I speculate in the next 2 years or so this can be done but not this year.
August 26, 2017, 09:23:50 AM
storing all their wealth on an exchange and knowing nothing about how it works.
Its wrong to store most of their wealth in a exchange. They need to be educated to use bitcoin-qt and run nodes themselves, if they have enough hdd space. If they dont, they have to use some cellphone wallet which allows them control of their private keys.
The recent fork was useful in this respect, as a lot of people learned to retrieve their private keys and to put their wealth into their own control. This decreased bitcoins in circulation in the exchanges, which increased the price.
August 26, 2017, 05:04:18 AM
I'm starting to get worried by all the over-optimism by people on bitcointalk. They seem to think that bitcoin is some sort of magical token that will regularly double or triple in price, and missing the point of having bitcoin in the first place by storing all their wealth on an exchange and knowing nothing about how it works.
It depends on when you arrived. Anyone who sat through 2014/15 knows perfectly well that isn't the case.
Perhaps newcomers will be spoiled rotten. Perhaps they'll be schooled. If I was arriving right now I'd certainly be cautious.
August 26, 2017, 04:52:02 AM
Prediction is just what it is. I never thought the price we've seen this year is going to come soon. The truth of bitcoin is: we can never time the next price
Exactly. But is it going to go up by 30x in a year? I don't think so. Remember back in September last year we were looking at $600 as a relatively high price, and all of a sudden we are at $4k. But $15k is a completely different narrative, it is far beyond the scope of what we can achieve this year imo.
Long term wise it's no worries, but this year probably not going to happen.
I'm starting to get worried by all the over-optimism by people on bitcointalk. They seem to think that bitcoin is some sort of magical token that will regularly double or triple in price, and missing the point of having bitcoin in the first place by storing all their wealth on an exchange and knowing nothing about how it works.
August 26, 2017, 02:39:28 AM
It could happen only if institutional investors enter the stage in large scale and start buying thousands and thousands of BTC not asking if the price is 4000 or 5000 counting that it will be 30.000 in cca 5-6 years..(as long term investment) Without this massive buy from institutional investors - no way price can go above 6000-7000 USD till end of this year.
Agreed. Unless massive wave of investors just rush in for no reason this year(which we have actually seen earlier), then this prediction probably is not going to come true. Everyone can see that the price is already bought up quite a lot and a lot of people aren't willing to take the risk anymore, so they'd rather wait it out and buy bitcoins at a lower price.
It's definitely possible. LedgerX got the green light from the CFTC, and they are aimed at institutional/accredited investors only. I can't remember where I heard it, but supposedly they are throttling registrations due to the level of interest. No idea if it's true, but I could believe it. Frankly, I'm surprised they got CFTC approval; I assumed they would get rejected (like the SEC with the ETF applications).
That's not to say that "build it and they will come" is a sure thing, but it's clear that many people are expecting institutions to enter Bitcoin (and cryptocurrencies in general).
August 26, 2017, 02:26:41 AM
Prediction is just what it is. I never thought the price we've seen this year is going to come soon. The truth of bitcoin is: we can never time the next price
August 26, 2017, 01:22:59 AM
It could happen only if institutional investors enter the stage in large scale and start buying thousands and thousands of BTC not asking if the price is 4000 or 5000 counting that it will be 30.000 in cca 5-6 years..(as long term investment) Without this massive buy from institutional investors - no way price can go above 6000-7000 USD till end of this year.
Agreed. Unless massive wave of investors just rush in for no reason this year(which we have actually seen earlier), then this prediction probably is not going to come true. Everyone can see that the price is already bought up quite a lot and a lot of people aren't willing to take the risk anymore, so they'd rather wait it out and buy bitcoins at a lower price.
This alone will mean that bitcoin will not go up by this much this year, it's more than tripling the price.
Even if it does go up to $15k i don't think any bitcoiners would be rejoicing. It would just mean that we're in another bubble.
August 25, 2017, 06:25:20 PM
It could happen only if institutional investors enter the stage in large scale and start buying thousands and thousands of BTC not asking if the price is 4000 or 5000 counting that it will be 30.000 in cca 5-6 years..(as long term investment) Without this massive buy from institutional investors - no way price can go above 6000-7000 USD till end of this year.
August 25, 2017, 01:21:17 AM
BCH noobs keeps jamming BTC
so 15k not by chance
https://twitter.com/WhalePanda/status/900659069412945920
I was transfering some btc's with quite a high fee and it tooks like 8hours to get 4confirmations, this is just completely fucked up situation and there should be some mechanism to disconnect those which are doing it in purpose.
You mean a mechanism to disconnect Core?so 15k not by chance
https://twitter.com/WhalePanda/status/900659069412945920
I was transfering some btc's with quite a high fee and it tooks like 8hours to get 4confirmations, this is just completely fucked up situation and there should be some mechanism to disconnect those which are doing it in purpose.
Disconnect/penalise those which are mining empty blocks or jamming mempool
August 25, 2017, 01:07:55 AM
I think the highest price of bitcoin before end of this yrar 2017 will be 5000 to 7000 dollars because the price of 15k dollars is very high for this year maybe the price of that will reach in the year of 2018 or 2019. But it depends on the demand on the market if the bitcoin have many buyers for sure it will increase more. More bitcoin that you have more money to come with you. Everything is possible to happen.
Since bitcoin is unique, I think it's not impossible to happen especially based on graph history , bitcoin keep increase over time.
It means more people put their faith on bitcoin and I'm one of them who believe bitcoin forever ! ( spend my salary for bitcoin every month )
August 25, 2017, 01:01:29 AM
I think the highest price of bitcoin before end of this yrar 2017 will be 5000 to 7000 dollars because the price of 15k dollars is very high for this year maybe the price of that will reach in the year of 2018 or 2019. But it depends on the demand on the market if the bitcoin have many buyers for sure it will increase more. More bitcoin that you have more money to come with you. Everything is possible to happen.
August 25, 2017, 12:56:09 AM
When it comes to prediction, others can also do it. For sure by that time he is not the only who has a prediction like that. It's just they didn't tell it to public. Also, human ain't perfect. He could be wrong even if let's say he is a pro trader. We only have 4mos left this year and that $15k seems so high to reach it within 4mos. Unrealistic for me. $5k to $6k would be more realistic this year.
August 24, 2017, 07:17:31 AM
BCH noobs keeps jamming BTC
so 15k not by chance
https://twitter.com/WhalePanda/status/900659069412945920
I was transfering some btc's with quite a high fee and it tooks like 8hours to get 4confirmations, this is just completely fucked up situation and there should be some mechanism to disconnect those which are doing it in purpose.
so 15k not by chance
https://twitter.com/WhalePanda/status/900659069412945920
I was transfering some btc's with quite a high fee and it tooks like 8hours to get 4confirmations, this is just completely fucked up situation and there should be some mechanism to disconnect those which are doing it in purpose.
August 24, 2017, 05:14:11 AM
Ask any oldtimer, and you’ll find that masterluc is something of a legend in the Bitcoin community. His main claim to fame is that he called the top of the November 2013 Bitcoin bubble and the subsequent bear market.
On December 6, with the price at $1100, he said:
“Third day in a row I wake up, see charts and ask myself "Is this the end?" and third day in a row answer is "Yes.” End of first historical bullish trend 2010-2013.”
https://cointelegraph.com/news/legendary-bitcoin-trader-masterluc-predicts-15000-bitcoin-this-year
On December 6, with the price at $1100, he said:
“Third day in a row I wake up, see charts and ask myself "Is this the end?" and third day in a row answer is "Yes.” End of first historical bullish trend 2010-2013.”
https://cointelegraph.com/news/legendary-bitcoin-trader-masterluc-predicts-15000-bitcoin-this-year
Not sure if just me but i haven't actually heard of this guy that you mentioned in the article before today...
Like others said, don't take everything that traders say seriously. This is exactly how pumps and dumps work, someone that has some sort of acclaim predicts something to happen, everyone rushes to buy into the coin, driving the price up. And then the trader himself dumps all the coin that he owns, flipping for a pretty quick and decent profit.
I don't think that $15k is impossible, but it's just not probable. The price has gone up a lot since the start of the year, can't see it go much further this year. 15k is probably going to happen minimum 2020.
August 24, 2017, 04:27:49 AM
$15,000 is still cheap...
We have 6 billion people in the world and the top capacity for bitcoin is 21 million coins.
We have 6 billion people in the world and the top capacity for bitcoin is 21 million coins.
of course it is cheap. we all know about the small supply of bitcoin with the growing demand, but it is all about the time-frame. $15,000 will be the value of bitcoin at some point in the future but to say it will happen this year (in about 4 months) is absurd unless he is predicting a huge bubble and that is not possible either.
August 24, 2017, 04:19:54 AM
Ask any oldtimer, and you’ll find that masterluc is something of a legend in the Bitcoin community. His main claim to fame is that he called the top of the November 2013 Bitcoin bubble and the subsequent bear market.
On December 6, with the price at $1100, he said:
“Third day in a row I wake up, see charts and ask myself "Is this the end?" and third day in a row answer is "Yes.” End of first historical bullish trend 2010-2013.”
https://cointelegraph.com/news/legendary-bitcoin-trader-masterluc-predicts-15000-bitcoin-this-year
On December 6, with the price at $1100, he said:
“Third day in a row I wake up, see charts and ask myself "Is this the end?" and third day in a row answer is "Yes.” End of first historical bullish trend 2010-2013.”
https://cointelegraph.com/news/legendary-bitcoin-trader-masterluc-predicts-15000-bitcoin-this-year
Interesting predictions but i do think that you should take his words with a grain of salt as others have said.
He is invested in bitcoin, no doubt. And he has interest to see others investing in it too. Even if you are some magical speculator that has a 100% success rate, you will be biased one way or another. And you will be influenced by emotions.
Currently, i personally think that it's dead obvious btc is probably going to adjust down to at least $3500. $15k could be possible but the possibliity is very small.
August 24, 2017, 04:13:35 AM
$15,000 is still cheap...
We have 6 billion people in the world and the top capacity for bitcoin is 21 million coins.
We have 6 billion people in the world and the top capacity for bitcoin is 21 million coins.
Yes, obviously it is cheap in the long run but it's not cheap by any means for this year.
Remember, coins were only $400 each(basically Ethereum's price right now) a year ago. Right now it's at $4k, a 10x increase. it is highly unlikely that the user base has actually increased by 10x, but rather it's just the irrational traders making the pumps go further and further.
$15k is a piece of cake in the long run because currently only a million or so users actually actively use bitcoin.
In the long run, this number is going to increase increasing demand. But i'd expect a correction this year, instead of another massive pump.
August 23, 2017, 07:36:48 PM
$15,000 would be the absolute upper end of my estimation. In order to reach it we would need to triple the market cap, and more. Where is the money going to come from? I don't see it. A more realistic high end estimate is $7,000-10,000. 
I don't see prices like this happening unless it's a bubble or whales pump the price. Those are sort of the same thing because either way it's an artificial price. We are over half way through the year and the huge gains have us at just over $4000. I can't imagine more than tripling that in the last 4 months of the year. It just doesn't seem realistic.
August 23, 2017, 06:10:50 PM
$15,000 is still cheap...
We have 6 billion people in the world and the top capacity for bitcoin is 21 million coins.
We have 6 billion people in the world and the top capacity for bitcoin is 21 million coins.
August 23, 2017, 04:42:21 PM
Ask any oldtimer, and you’ll find that masterluc is something of a legend in the Bitcoin community. His main claim to fame is that he called the top of the November 2013 Bitcoin bubble and the subsequent bear market.
On December 6, with the price at $1100, he said:
“Third day in a row I wake up, see charts and ask myself "Is this the end?" and third day in a row answer is "Yes.” End of first historical bullish trend 2010-2013.”
https://cointelegraph.com/news/legendary-bitcoin-trader-masterluc-predicts-15000-bitcoin-this-year
On December 6, with the price at $1100, he said:
“Third day in a row I wake up, see charts and ask myself "Is this the end?" and third day in a row answer is "Yes.” End of first historical bullish trend 2010-2013.”
https://cointelegraph.com/news/legendary-bitcoin-trader-masterluc-predicts-15000-bitcoin-this-year
I don't think that this time he is accurate.
Honestly bitcoin is going to grow, probably this year we will see that btc will go to $5k and beyond due to the Segwit ativation that is coming in a day or so. But $15k is out of the picture, imo. Sure, next halving we could see this sort of crazy rises but definitely not yet.
Any of us here can also make insane predictions like this based off one lucky prediction in the past. Predicting the dump is easy, timing it is hard. He actually missed the ATH by $250 back in 2013, so take his words with a grain of salt.
August 23, 2017, 01:30:50 PM
Ask any oldtimer, and you’ll find that masterluc is something of a legend in the Bitcoin community. His main claim to fame is that he called the top of the November 2013 Bitcoin bubble and the subsequent bear market.
On December 6, with the price at $1100, he said:
“Third day in a row I wake up, see charts and ask myself "Is this the end?" and third day in a row answer is "Yes.” End of first historical bullish trend 2010-2013.”
https://cointelegraph.com/news/legendary-bitcoin-trader-masterluc-predicts-15000-bitcoin-this-year
On December 6, with the price at $1100, he said:
“Third day in a row I wake up, see charts and ask myself "Is this the end?" and third day in a row answer is "Yes.” End of first historical bullish trend 2010-2013.”
https://cointelegraph.com/news/legendary-bitcoin-trader-masterluc-predicts-15000-bitcoin-this-year
Does this guy post here? Everyone involved in Bitcoin posts in bitcointalk, so he surely has an account?
Anyway, about the prediction, $15,000 is doable IF we avoid the potential segwit2x disaster. If Jeff Garzik keeps pushing a nonsensical hardfork in November, we may crash and we may go back in time 1+ year in order to recover.
If we can through that and avoid the hardfork smoothly, we can be looking at $10,000 by Christmas for sure, not sure about $15,000, but who knows, once that psychological 5 figure barrier is broken, sky is indeed the limit.
He doesn't post here anymore but has an account on tradingview under PentarhUdi and also posts on some Russian site. Here's a link to his old thread in which some users are kind enough to post translations of his posts from the Russian board:
https://bitcointalksearch.org/topic/analysis-274613
August 23, 2017, 12:58:15 PM
I am well-wisher of bitcoin, but still it is unbelievable thing for me.
Actually, i have wrote about it and in this link he also predict more about in 2019 bitcoin will be reached at $40,000 - $110,000, he gives us a time-frame and he is sure bitcoin will be come.
But seriously if it will happen than i will speechless. So we should wait to see the price of bitcoin till in the end of the 2017 year, he is right or not.
Actually, i have wrote about it and in this link he also predict more about in 2019 bitcoin will be reached at $40,000 - $110,000, he gives us a time-frame and he is sure bitcoin will be come.
But seriously if it will happen than i will speechless. So we should wait to see the price of bitcoin till in the end of the 2017 year, he is right or not.
August 23, 2017, 12:31:59 PM
Ask any oldtimer, and you’ll find that masterluc is something of a legend in the Bitcoin community. His main claim to fame is that he called the top of the November 2013 Bitcoin bubble and the subsequent bear market.
On December 6, with the price at $1100, he said:
“Third day in a row I wake up, see charts and ask myself "Is this the end?" and third day in a row answer is "Yes.” End of first historical bullish trend 2010-2013.”
https://cointelegraph.com/news/legendary-bitcoin-trader-masterluc-predicts-15000-bitcoin-this-year
On December 6, with the price at $1100, he said:
“Third day in a row I wake up, see charts and ask myself "Is this the end?" and third day in a row answer is "Yes.” End of first historical bullish trend 2010-2013.”
https://cointelegraph.com/news/legendary-bitcoin-trader-masterluc-predicts-15000-bitcoin-this-year
Does this guy post here? Everyone involved in Bitcoin posts in bitcointalk, so he surely has an account?
Anyway, about the prediction, $15,000 is doable IF we avoid the potential segwit2x disaster. If Jeff Garzik keeps pushing a nonsensical hardfork in November, we may crash and we may go back in time 1+ year in order to recover.
If we can through that and avoid the hardfork smoothly, we can be looking at $10,000 by Christmas for sure, not sure about $15,000, but who knows, once that psychological 5 figure barrier is broken, sky is indeed the limit.
August 23, 2017, 12:24:44 PM
I wonder what McAfee will do if he really loses his bet. I would like to see it so bad how he eats his own di**
But on the other hand, the best course of action for every crypto holer would be McAfee's scenario to come true.
In the context of Mr. McAffee expectations, masterluc's prediction is kinda conservative in its nature.
I wonder if without any major push - (like legal bitcoin acceptance by India, China, Australia or other major players) Bitcoin could really rise as high.
But on the other hand, the best course of action for every crypto holer would be McAfee's scenario to come true.
In the context of Mr. McAffee expectations, masterluc's prediction is kinda conservative in its nature.
I wonder if without any major push - (like legal bitcoin acceptance by India, China, Australia or other major players) Bitcoin could really rise as high.
He possibly blagged his way out of a murder charge so I'm sure he knows what his mouth can smooth over, that's when it isn't filled with a hooker's turd.
It's now 100% legit in Japan. I don't know what effect that had but it must've been positive. It's in no way illegal in most places.
The one thing countries could do to push it to the stars would be adopting it as some sort of reserve. I can imagine they really, really wouldn't want to do that but just maybe they'll regard it as a prudent move.
August 23, 2017, 12:19:23 PM
He didn't predict 15k by the end of the year. He said his analysis was showing him very little resistance to 15k. The semantics might seem small but there's a big difference between an saying "the price is going to x" vs interpreting what he's seeing in his analysis. The 40 -110K range is where he sees the end of the current bull cycle whenever it actually ends.
Check his tradingview page and his blog. He definitely is of the opinion Bitcoin can reach 15k this year.So he kind of said it, depends on how good google translates russian to english. He even posted that he sees a possibility for BTC to reach 100k!!!!
Search for pentarhudi, bitcoin vanga via google and you will find the sources!
These are pretty brave calls. As I said he was right in the past, but again he is just a human being and past performance doesn't mean he will be right again.
I already follow him on tradingview as well as his old thread on here that some users are kind enough to translate his Russian. We are essentially saying the same thing. There is a difference between saying something "can go to x" and saying something "will go to x." He is saying 15k is POSSIBLE due to what he sees as little resistance to get there. He is not, however, predicting 15k by the end of the year.
August 23, 2017, 12:16:08 PM
That's interesting prediction. This board would see a lot of craziness if BTC hit $15,000 anytime soon.
August 23, 2017, 12:13:42 PM
He didn't predict 15k by the end of the year. He said his analysis was showing him very little resistance to 15k. The semantics might seem small but there's a big difference between an saying "the price is going to x" vs interpreting what he's seeing in his analysis. The 40 -110K range is where he sees the end of the current bull cycle whenever it actually ends.
Check his tradingview page and his blog. He definitely is of the opinion Bitcoin can reach 15k this year.So he kind of said it, depends on how good google translates russian to english. He even posted that he sees a possibility for BTC to reach 100k!!!!
Search for pentarhudi, bitcoin vanga via google and you will find the sources!
These are pretty brave calls. As I said he was right in the past, but again he is just a human being and past performance doesn't mean he will be right again.
I already follow him on tradingview as well as his old thread on here that some users are kind enough to translate his Russian. We are essentially saying the same thing. There is a difference between saying something "can go to x" and saying something "will go to x." He is saying 15k is POSSIBLE due to what he sees as little resistance to get there. He is not, however, predicting 15k by the end of the year.
August 23, 2017, 06:09:13 AM
That BTC would go up to 15000 $ this year, doesn't sound unreasonable, when upcoming improvements are supported by the majority on blockchain and those improvements would succeed.
August 23, 2017, 03:55:27 AM
Ask any oldtimer, and you’ll find that masterluc is something of a legend in the Bitcoin community. His main claim to fame is that he called the top of the November 2013 Bitcoin bubble and the subsequent bear market.
On December 6, with the price at $1100, he said:
“Third day in a row I wake up, see charts and ask myself "Is this the end?" and third day in a row answer is "Yes.” End of first historical bullish trend 2010-2013.”
https://cointelegraph.com/news/legendary-bitcoin-trader-masterluc-predicts-15000-bitcoin-this-year
On December 6, with the price at $1100, he said:
“Third day in a row I wake up, see charts and ask myself "Is this the end?" and third day in a row answer is "Yes.” End of first historical bullish trend 2010-2013.”
https://cointelegraph.com/news/legendary-bitcoin-trader-masterluc-predicts-15000-bitcoin-this-year
Obviously he is a pretty good trader, and has way more experinece than i do.
However, i think that he obviously is biased due to his position in bitcoin, probably bought in too late or something and is now trying to use his publicity to his advantage by saying that btc is going to go up. I am not 100% sure, but he definitely have some sort of motivation for making these sort of predictions.
Anyways, don't think that every single prediction that experts make is going to be correct. Personally i think we are nearing the top of the bubble. The max we'll go this year is likely to be $6k, to reach $15k is a bit of a stretch.
With the big congestion in the bitcoin, if the price is over $15,000, that could be a bubble. Not many users.
August 23, 2017, 03:54:31 AM
John McAfee obviously thinks it's possible , he's predicted $500,000 within three years.
http://nypost.com/2017/07/19/cybersecurity-legend-i-will-eat-my-d-k-if-i-lose-500k-bitcoin-bet/
I wonder what McAfee will do if he really loses his bet. I would like to see it so bad how he eats his own di** http://nypost.com/2017/07/19/cybersecurity-legend-i-will-eat-my-d-k-if-i-lose-500k-bitcoin-bet/
But on the other hand, the best course of action for every crypto holer would be McAfee's scenario to come true.
In the context of Mr. McAffee expectations, masterluc's prediction is kinda conservative in its nature.
I wonder if without any major push - (like legal bitcoin acceptance by India, China, Australia or other major players) Bitcoin could really rise as high.
August 23, 2017, 03:40:24 AM
Ask any oldtimer, and you’ll find that masterluc is something of a legend in the Bitcoin community. His main claim to fame is that he called the top of the November 2013 Bitcoin bubble and the subsequent bear market.
On December 6, with the price at $1100, he said:
“Third day in a row I wake up, see charts and ask myself "Is this the end?" and third day in a row answer is "Yes.” End of first historical bullish trend 2010-2013.”
https://cointelegraph.com/news/legendary-bitcoin-trader-masterluc-predicts-15000-bitcoin-this-year
On December 6, with the price at $1100, he said:
“Third day in a row I wake up, see charts and ask myself "Is this the end?" and third day in a row answer is "Yes.” End of first historical bullish trend 2010-2013.”
https://cointelegraph.com/news/legendary-bitcoin-trader-masterluc-predicts-15000-bitcoin-this-year
Obviously he is a pretty good trader, and has way more experinece than i do.
However, i think that he obviously is biased due to his position in bitcoin, probably bought in too late or something and is now trying to use his publicity to his advantage by saying that btc is going to go up. I am not 100% sure, but he definitely have some sort of motivation for making these sort of predictions.
Anyways, don't think that every single prediction that experts make is going to be correct. Personally i think we are nearing the top of the bubble. The max we'll go this year is likely to be $6k, to reach $15k is a bit of a stretch.
I can not see any bubble. Just a pretty strong bull run. This run is so much different compared to 2013, 2012, 2011 which indeed had been bubbles with exponential parabolic rises in almost no time!
This time it looks different to me. We run up and very regularly see a decrease of several hundreds of USD before bouncing, consolidating and moving up again. This is a very obvious pattern if you use 12h or daily chart and zoom out big scale since where we started to run back in Q4 2015!
And use log scale, so you can see difference between the bubbles of the past and this long but steady not parabolic upwards movement!
August 23, 2017, 03:34:16 AM
He didn't predict 15k by the end of the year. He said his analysis was showing him very little resistance to 15k. The semantics might seem small but there's a big difference between an saying "the price is going to x" vs interpreting what he's seeing in his analysis. The 40 -110K range is where he sees the end of the current bull cycle whenever it actually ends.
Check his tradingview page and his blog. He definitely is of the opinion Bitcoin can reach 15k this year.So he kind of said it, depends on how good google translates russian to english. He even posted that he sees a possibility for BTC to reach 100k!!!!
Search for pentarhudi, bitcoin vanga via google and you will find the sources!
These are pretty brave calls. As I said he was right in the past, but again he is just a human being and past performance doesn't mean he will be right again.
August 23, 2017, 03:08:25 AM
Ask any oldtimer, and you’ll find that masterluc is something of a legend in the Bitcoin community. His main claim to fame is that he called the top of the November 2013 Bitcoin bubble and the subsequent bear market.
On December 6, with the price at $1100, he said:
“Third day in a row I wake up, see charts and ask myself "Is this the end?" and third day in a row answer is "Yes.” End of first historical bullish trend 2010-2013.”
https://cointelegraph.com/news/legendary-bitcoin-trader-masterluc-predicts-15000-bitcoin-this-year
On December 6, with the price at $1100, he said:
“Third day in a row I wake up, see charts and ask myself "Is this the end?" and third day in a row answer is "Yes.” End of first historical bullish trend 2010-2013.”
https://cointelegraph.com/news/legendary-bitcoin-trader-masterluc-predicts-15000-bitcoin-this-year
Honestly, anyone can make these sort of claims. It isn't backed by anything tangible, not even sources, reasons.
Just plain old prediction using his gut feeling. Which i know sometimes can be helpful but definitely isn't a reliable indicator of what the market is going to go to, simply because it isn't rational. Traders aren't rational at all, that's why there is potential profits to be made.
I do think that btc is going to go up at least to 5k this year. 15k is 3x that, i don't think it's going to happen. It'll essentially mean that the bitcoin market cap will go to something like 400 billion dollars, which is something i think we will achieve in the long run, but definitely not this year.
Don't forget, corrections can come any moment right now as well. That would slow down growth drastically.
August 23, 2017, 02:37:52 AM
Ask any oldtimer, and you’ll find that masterluc is something of a legend in the Bitcoin community. His main claim to fame is that he called the top of the November 2013 Bitcoin bubble and the subsequent bear market.
On December 6, with the price at $1100, he said:
“Third day in a row I wake up, see charts and ask myself "Is this the end?" and third day in a row answer is "Yes.” End of first historical bullish trend 2010-2013.”
https://cointelegraph.com/news/legendary-bitcoin-trader-masterluc-predicts-15000-bitcoin-this-year
On December 6, with the price at $1100, he said:
“Third day in a row I wake up, see charts and ask myself "Is this the end?" and third day in a row answer is "Yes.” End of first historical bullish trend 2010-2013.”
https://cointelegraph.com/news/legendary-bitcoin-trader-masterluc-predicts-15000-bitcoin-this-year
Obviously he is a pretty good trader, and has way more experinece than i do.
However, i think that he obviously is biased due to his position in bitcoin, probably bought in too late or something and is now trying to use his publicity to his advantage by saying that btc is going to go up. I am not 100% sure, but he definitely have some sort of motivation for making these sort of predictions.
Anyways, don't think that every single prediction that experts make is going to be correct. Personally i think we are nearing the top of the bubble. The max we'll go this year is likely to be $6k, to reach $15k is a bit of a stretch.
August 23, 2017, 02:01:06 AM
Big money want to shake weak hands before flowing in.
They are still undecided if they support BTC or BCH.
They are still undecided if they support BTC or BCH.
"Big money" does not have any loyalties. They will support whichever will bringmore big money in their pockets. If they support BitcoinCash now, the minute they find an opportunity in Bitcoin, they will jump straight to it. That makes the difference between them and us. They have no loyalties.
August 22, 2017, 04:43:31 PM
He didn't predict 15k by the end of the year. He said his analysis was showing him very little resistance to 15k. The semantics might seem small but there's a big difference between an saying "the price is going to x" vs interpreting what he's seeing in his analysis. The 40 -110K range is where he sees the end of the current bull cycle whenever it actually ends.
August 22, 2017, 02:31:01 PM
In order for us to reach the said price said, we need to achieve more than $250-B in market capitalization, and I don't see that happening without major fake trades and artificial growth. Where would the money come from? Large names in the economic scene? From other alts? Possible, but really too high of a target by now.
Actually everything can happen. For example what happen to ETH it start of year? Not much news, but it go up from 9 to 300.
Same with bitcoin can be.
But anyway, predictors predict just for sensation or for self-promotion.
August 22, 2017, 02:23:20 PM
In order for us to reach the said price said, we need to achieve more than $250-B in market capitalization
People need to stop quoting market cap. It doesn't exist. For the price to shoot to 15k there simply needs to be more demand than there are sellers, and the price will keep going up.
August 22, 2017, 10:34:53 AM
In order for us to reach the said price said, we need to achieve more than $250-B in market capitalization, and I don't see that happening without major fake trades and artificial growth. Where would the money come from? Large names in the economic scene? From other alts? Possible, but really too high of a target by now.
August 22, 2017, 10:04:06 AM
Disregard his previous predictions, it doesn't guarantee the future ones (this one may or may not happen, who knows?). It would be awesome if we see that price but now that it's just a prediction, it's not the time to be delighted & excited. Honestly, I don't rely on speculations and doesn't speculate as well, I just believe in bitcoin and observe the price changes. Let's see how much the bitcoin price will reach before the end of the year.
August 22, 2017, 09:08:19 AM
Did Masterluc also predict the existence of 15,000 Bitcoins by the end of the year? The first analyst who can point to that prediction wins the wee tin cup.
August 22, 2017, 09:02:40 AM
Well, this kind of things happens everyday in cryptoland, people become millionaire overnight with coins goins 10x and even 100 or 200x in very short periods of time, bitcoin doing a 200x in the next two years? Sure, why not? 
August 22, 2017, 08:19:16 AM
Big money want to shake weak hands before flowing in.
They are still undecided if they support BTC or BCH.
They are still undecided if they support BTC or BCH.
Don't think so! Big money knows pretty well where it has to go to.
Bitcoin is and will stay much more superior than the Wu and Ver Clone aka Bcash!
I mean right now these miners over there produce a ton of blocks in no time. Nice exploit be they way. With the next difficulty adjustment that mining advantage will be gone and that hashrate will comevback to BTC, while BCH will be stuck. And the ones who invested in BCH will hopefully realize how dumb their move was.
To masterluc: yeah he had made some great calls in the past. But also he is just a human being like everybody else. So be careful with anyones prediction and always do your own analysis and make up your own mind.
August 22, 2017, 08:11:29 AM
I also think that bitcoin will not reach this level this year. I do not rule out prices rising to 5,000 to 8,000 dollars, but then the price will drop. Probably the new year we will meet on level 5000-6000 dollars. The main thing is not to sell their coins now because then you will regret it.
August 22, 2017, 07:44:12 AM
With how the things are going in bitcoin world, I think a prediction of 15000$ is too optimistic for this year. We have only less than half of year till this year finishes, and now the value of bitcoin is decreasing. Am surely expecting that from september 1st the value will increase, but don't see it reaching 10000$ in 31st December.
August 22, 2017, 07:31:24 AM
Didn't this guy 'masterluc' say that once $4400 was breached to the upside, there was no resistance and it was all clear skies all the way to $7000?
This is why you should never listen to any so-called bitcoin "master trader".
Even the investors toprow like Buffett talk about closing the doors, listening to nobody except numbers. However, crypto is heavily influenced by technology development and occasional criminal activities.This is why you should never listen to any so-called bitcoin "master trader".
Not listening to street rumors ain't no solution, either.
Next week probably breaching $5000 because auf two things. The forkers got their finest hour allready, core beeing next in line anyways. And Segwit activating.
Next troublesome pathway will be 90 days ahead, when second part of NYA should arrive.
August 21, 2017, 11:55:08 PM
I'll jump on board and say we hit minimum 10K within 8 months. Something serious is brewing, Big Money flowing in.
August 21, 2017, 10:45:43 PM
He called the top of both the April and November 2013 run-ups. However, he was wrong about the bottom in 2015 (we ended up making another leg down at the time, when he thought the next bull cycle had already begun).
I also can't find the source for this $15,000 claim. I read in the Speculation forum that Cointelegraph was wrong in their interpretation of this call. They probably used Google Translate to translate one of his posts from his VK community and got it wrong.
More importantly, he definitely is calling for $40,000-$110,000 in the next two years...
I also can't find the source for this $15,000 claim. I read in the Speculation forum that Cointelegraph was wrong in their interpretation of this call. They probably used Google Translate to translate one of his posts from his VK community and got it wrong.
More importantly, he definitely is calling for $40,000-$110,000 in the next two years...
The bottom was partially influenced by stolen Mt.Gox coins flooding the markets on BTCe, in an attempt to convert as much booty as possible into cash. Such facts can destroy all chart analysis lines.
Can you show any proof of this? The stolen Gox coins were apparently shown flooding into several exchanges including BTC-e in 2012, according to the indictment. All of the "stolen coins" mentioned in the indictment were from back then. Those coins provided supply to the market for years (including before, during, and after the 2013 bubbles). As far as I know, there is nothing to indicate that this has much relevance to the 2015 bottom.
He seems to be active still but last chart published been outdated like seven monthes by now.
Maybe publishing newer stuff on TradingView as PentarhUdi ?
Maybe publishing newer stuff on TradingView as PentarhUdi ?
Sorry guys, i was dedicated to russian community here for a couple of months https://vk.com/bitcoin_vanga, no more forums
Yeah, he's no longer active here. I have a friend who keeps tabs on the Russian community, waiting for his posts.
August 21, 2017, 09:50:57 PM
Big money want to shake weak hands before flowing in.
They are still undecided if they support BTC or BCH.
They are still undecided if they support BTC or BCH.
August 21, 2017, 08:46:10 PM
Didn't this guy 'masterluc' say that once $4400 was breached to the upside, there was no resistance and it was all clear skies all the way to $7000?
This is why you should never listen to any so-called bitcoin "master trader".
This is why you should never listen to any so-called bitcoin "master trader".
I have the same thought as you. Just because he predicted the price correctly in the past does not mean he will do it again in the future. I have listened to several "master traders'" advice when I was new to Bitcoin. All of them did not make me any winning trades.
August 21, 2017, 08:25:38 PM
Didn't this guy 'masterluc' say that once $4400 was breached to the upside, there was no resistance and it was all clear skies all the way to $7000?
This is why you should never listen to any so-called bitcoin "master trader".
This is why you should never listen to any so-called bitcoin "master trader".
August 21, 2017, 06:19:30 PM
Ask any oldtimer, and you’ll find that masterluc is something of a legend in the Bitcoin community. His main claim to fame is that he called the top of the November 2013 Bitcoin bubble and the subsequent bear market.
On December 6, with the price at $1100, he said:
“Third day in a row I wake up, see charts and ask myself "Is this the end?" and third day in a row answer is "Yes.” End of first historical bullish trend 2010-2013.”
https://cointelegraph.com/news/legendary-bitcoin-trader-masterluc-predicts-15000-bitcoin-this-year
I would be extremly happy if btc reachec $15k but at the end of this year sounds a bit exxageration to me.Yes prices are good and if the trand continues,we can easily reach to $7k but double of this is too much to ask for On December 6, with the price at $1100, he said:
“Third day in a row I wake up, see charts and ask myself "Is this the end?" and third day in a row answer is "Yes.” End of first historical bullish trend 2010-2013.”
https://cointelegraph.com/news/legendary-bitcoin-trader-masterluc-predicts-15000-bitcoin-this-year
August 21, 2017, 06:16:05 PM
He called the top of both the April and November 2013 run-ups. However, he was wrong about the bottom in 2015 (we ended up making another leg down at the time, when he thought the next bull cycle had already begun).
I also can't find the source for this $15,000 claim. I read in the Speculation forum that Cointelegraph was wrong in their interpretation of this call. They probably used Google Translate to translate one of his posts from his VK community and got it wrong.
More importantly, he definitely is calling for $40,000-$110,000 in the next two years...
I also can't find the source for this $15,000 claim. I read in the Speculation forum that Cointelegraph was wrong in their interpretation of this call. They probably used Google Translate to translate one of his posts from his VK community and got it wrong.
More importantly, he definitely is calling for $40,000-$110,000 in the next two years...
The bottom was partially influenced by stolen Mt.Gox coins flooding the markets on BTCe, in an attempt to convert as much booty as possible into cash. Such facts can destroy all chart analysis lines.
He seems to be active still but last chart published been outdated like seven monthes by now.
Maybe publishing newer stuff on TradingView as PentarhUdi ?
Sorry guys, i was dedicated to russian community here for a couple of months https://vk.com/bitcoin_vanga, no more forums
August 21, 2017, 06:09:45 PM
Mcafee's prediction is greater for three years and we can wait for that time. But whoever is this masterluc, this legendary bitcoin trader that says it can go $15,000 for this year, well please make it happen I want to see it happening that the price of bitcoin is getting higher and will be able to reach $15,000 this year. I'm just cheering you up guys here. Hooray!
I want to see it happening that the price of bitcoin is getting higher and will be able to reach $15,000 this year. I'm just cheering you up guys here. Hooray! 
August 21, 2017, 06:07:07 PM
$15000 by end of this year sounds unrealistic. If bitcoin would reach $10000 in next few months, it already would be amazing result and it's more than mostly of us can expect. But if we will see bitcoin in range between $5000 and $6000, I would be really happy.
Anyway, we see so many reputed bitcoiners sharing their price predictions. But how many of these predictions become reality.
Anyway, we see so many reputed bitcoiners sharing their price predictions. But how many of these predictions become reality.
August 21, 2017, 06:05:09 PM
With those numbers it sounds like we are working on an exponential curve.
At that rate it means we can expect Bitcoin in the $100,000 range by 2022-2024.
Better start collecting your BTC boys, because if this math holds true that means we're in for a solid financial revolution. The irony is that BTC is a universal gateway currency between the Fiat world and crypto worlds.
So mathematically as crypto gains steam the relationship between cryptocurrency prices and Fiat currency prices are correlated. If Fiat loses trust & value then of course the price of Bitcoin can get super inflated. It can only do this because of its limited nature and utility as a private store of value. People would be willing to do anything to protect their life savings. Shit can get real.
At that rate it means we can expect Bitcoin in the $100,000 range by 2022-2024.
Better start collecting your BTC boys, because if this math holds true that means we're in for a solid financial revolution. The irony is that BTC is a universal gateway currency between the Fiat world and crypto worlds.
So mathematically as crypto gains steam the relationship between cryptocurrency prices and Fiat currency prices are correlated. If Fiat loses trust & value then of course the price of Bitcoin can get super inflated. It can only do this because of its limited nature and utility as a private store of value. People would be willing to do anything to protect their life savings. Shit can get real.
August 21, 2017, 06:04:50 PM
$15,000 would be the absolute upper end of my estimation. In order to reach it we would need to triple the market cap, and more. Where is the money going to come from? I don't see it. A more realistic high end estimate is $7,000-10,000.
But I will not believe it until the next halving will be happening in the future. I can say the price of bitcoin should be doubled for now in 2020. $10000 looks possible but not in a short time and that makes $15000 prediction looks pretty odd for me. 
August 21, 2017, 05:51:49 PM
The bitcoin market is impossible to predict people can say all they want. But at the end of the day they're just guessing. And even if they guessed right does that make them a legend? 5000$ by the end of the year seems the most realistic goal but in the end it's crypto and you never really know for sure.
August 21, 2017, 05:48:56 PM
15 grand is way too high for btc to be reached by the end of the year. If it's going to happen that will be great but if not the more realistic figure will be around 5k to 6k. Given that we're almost at the 4th quarter and the price continuously rising and falling it's playing at around 4k to 4.4k if it reach 5k by october it might rise all the way to 6k by december
August 21, 2017, 05:48:23 PM
We are only a few months away till the end of 2017, I even find it very unlikely that the price is even going to surpass $5500-$6000 by 2017. $15.000? No way.
Yes I mean bitcoin was pumping lately but I really do not think that bitcoin might reach that high, I mean that is way beyond our reach. I truly believe in bitcoin and for those people that are hyping us, I do not believe in them 
. I really think that this is only a hype for us to buy more bitcoins right? Maybe $6000 is more realistic.I totally agree with you, I think the price will be around $6000
August 21, 2017, 05:45:31 PM
We are only a few months away till the end of 2017, I even find it very unlikely that the price is even going to surpass $5500-$6000 by 2017. $15.000? No way.
Yes I mean bitcoin was pumping lately but I really do not think that bitcoin might reach that high, I mean that is way beyond our reach. I truly believe in bitcoin and for those people that are hyping us, I do not believe in them . I really think that this is only a hype for us to buy more bitcoins right? Maybe $6000 is more realistic. August 21, 2017, 05:44:58 PM
John McAfee obviously thinks it's possible , he's predicted $500,000 within three years.
http://nypost.com/2017/07/19/cybersecurity-legend-i-will-eat-my-d-k-if-i-lose-500k-bitcoin-bet/
http://nypost.com/2017/07/19/cybersecurity-legend-i-will-eat-my-d-k-if-i-lose-500k-bitcoin-bet/
With 500k price each , for the only 16m btc currently existing, that is some 8 trillion Usd , some 10% of global gap.
Ok. That will happen only if price of dollar collapse and America becomes Zimbabwe
August 21, 2017, 05:37:56 PM
We are only a few months away till the end of 2017, I even find it very unlikely that the price is even going to surpass $5500-$6000 by 2017. $15.000? No way.
I don't see this coming, but it won't happen anyway. As you've said, we are a few months at the end of the month, and even if the price continuously pump there will be always a correction for that. But still, the price of bitcoin doubled in just a month, so i think it may happen if the price starts to pump now.
August 21, 2017, 05:32:38 PM
Yaaaaaa ok
August 21, 2017, 05:30:23 PM
John McAfee obviously thinks it's possible , he's predicted $500,000 within three years.
http://nypost.com/2017/07/19/cybersecurity-legend-i-will-eat-my-d-k-if-i-lose-500k-bitcoin-bet/
How can you actually predict something like this? Bitcoin is not political driven which means that its value isn't fluctuating no matter what happens to the political or similar scene. Bitcoin will probably start getting more widely accepted in the world in the next few years, especially after some of its issues are solved. However, such a prediction is overly optimistic, not only for 3 years, but even for many more to come. By the time it reaches that price, if it ever does, ourselves will be probably be dead by that time. http://nypost.com/2017/07/19/cybersecurity-legend-i-will-eat-my-d-k-if-i-lose-500k-bitcoin-bet/
August 21, 2017, 05:10:56 PM
John McAfee obviously thinks it's possible , he's predicted $500,000 within three years.
http://nypost.com/2017/07/19/cybersecurity-legend-i-will-eat-my-d-k-if-i-lose-500k-bitcoin-bet/
http://nypost.com/2017/07/19/cybersecurity-legend-i-will-eat-my-d-k-if-i-lose-500k-bitcoin-bet/
August 21, 2017, 05:09:06 PM
We are only a few months away till the end of 2017, I even find it very unlikely that the price is even going to surpass $5500-$6000 by 2017. $15.000? No way.
August 21, 2017, 05:00:22 PM
Ask any oldtimer, and you’ll find that masterluc is something of a legend in the Bitcoin community. His main claim to fame is that he called the top of the November 2013 Bitcoin bubble and the subsequent bear market.
On December 6, with the price at $1100, he said:
“Third day in a row I wake up, see charts and ask myself "Is this the end?" and third day in a row answer is "Yes.” End of first historical bullish trend 2010-2013.”
https://cointelegraph.com/news/legendary-bitcoin-trader-masterluc-predicts-15000-bitcoin-this-year
On December 6, with the price at $1100, he said:
“Third day in a row I wake up, see charts and ask myself "Is this the end?" and third day in a row answer is "Yes.” End of first historical bullish trend 2010-2013.”
https://cointelegraph.com/news/legendary-bitcoin-trader-masterluc-predicts-15000-bitcoin-this-year
He called the top of both the April and November 2013 run-ups. However, he was wrong about the bottom in 2015 (we ended up making another leg down at the time, when he thought the next bull cycle had already begun).
I also can't find the source for this $15,000 claim. I read in the Speculation forum that Cointelegraph was wrong in their interpretation of this call. They probably used Google Translate to translate one of his posts from his VK community and got it wrong.
More importantly, he definitely is calling for $40,000-$110,000 in the next two years...
August 21, 2017, 04:50:24 PM
Maybe he got inside info about multiple huge companies that would like to invest into Bitcoin which I think it's not really likely. I guess most of the guys including me will be happy with 6000-7000$ at the end of the year.
August 21, 2017, 03:46:31 PM
This year? Thats crazy. Not going to happend Did he specify?
BTC is now at a 66 000 000 000$. At 15k per BTC it is close to 250 000 000 000 market value. And dont forget all the BTC that is yet to be mined this year!
Did he specify?BTC is now at a 66 000 000 000$. At 15k per BTC it is close to 250 000 000 000 market value. And dont forget all the BTC that is yet to be mined this year!
August 21, 2017, 03:39:08 PM
$15,000 would be the absolute upper end of my estimation. In order to reach it we would need to triple the market cap, and more. Where is the money going to come from? I don't see it. A more realistic high end estimate is $7,000-10,000.
$15000 is rather too optimistic for bitcoins this year, I rather believe that the realistic value that bitcoin may eventually end is $6000 . I don't even believe that bitcoin will be able to crack $15000 barrier next year. I hope it does but am not sure that it can. August 21, 2017, 03:20:35 PM
high end ... for what? every one shut down their miners node and wallets?
I don't think because there is behind an industry and not only a simply economic value.
I don't think because there is behind an industry and not only a simply economic value.
August 21, 2017, 03:14:49 PM
$15,000 would be the absolute upper end of my estimation. In order to reach it we would need to triple the market cap, and more. Where is the money going to come from? I don't see it. A more realistic high end estimate is $7,000-10,000.
August 21, 2017, 03:12:17 PM
Ask any oldtimer, and you’ll find that masterluc is something of a legend in the Bitcoin community. His main claim to fame is that he called the top of the November 2013 Bitcoin bubble and the subsequent bear market.
On December 6, with the price at $1100, he said:
“Third day in a row I wake up, see charts and ask myself "Is this the end?" and third day in a row answer is "Yes.” End of first historical bullish trend 2010-2013.”
https://cointelegraph.com/news/legendary-bitcoin-trader-masterluc-predicts-15000-bitcoin-this-year
On December 6, with the price at $1100, he said:
“Third day in a row I wake up, see charts and ask myself "Is this the end?" and third day in a row answer is "Yes.” End of first historical bullish trend 2010-2013.”
https://cointelegraph.com/news/legendary-bitcoin-trader-masterluc-predicts-15000-bitcoin-this-year
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