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Topic: Llew Claseen says BTC will hit 40,000 Dollar by the end 2018. (Read 546 times)

jr. member
Activity: 140
Merit: 2
$40,000 by the end of 2018 seems unlikely but it wouldn’t surprise me. I mean lools at the % increase of price in 2017 throughout those 12 months. Personally I think something like $20,000 - $25,000 is more likely.

But for the current BTC price behavior seems Claseen prediction most likely to fail. Even $20K-$25K  is near impossible.
legendary
Activity: 3556
Merit: 9709
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$40,000 by the end of 2018 seems unlikely but it wouldn’t surprise me. I mean lools at the % increase of price in 2017 throughout those 12 months. Personally I think something like $20,000 - $25,000 is more likely.
hero member
Activity: 910
Merit: 502
I think BTC to hit $40K by end of 2018 is beyond reach. The current status of BTC seems it just hover below $20K. Llew CLaseen just made a wild prediction to encourage investors to place money on BTC after a huge lose.

Given the volatility on bitcoin, its past and its room for growth. $40,000 this year is small. But i'll be happy and contented with that price though.
It is always good not to consider everyday as Christmas bro, at least in this market. The fact that we had a huge bull run last year does not mean the market will just break the previous ATH and start another bull run this year.

We have to consider all possibilities and know that we can be in this region between the previous ATH and the lower supports for months. If that time comes and we break the ATH, then maybe we can come back revisiting now.
full member
Activity: 392
Merit: 100
Bitcoin may reach 40,000 dollars if and only if we can see a constant price hike like few weeks ago until the next couple of months. But it seems that bitcoin is just hovering in the 11,000$ mark for a couple of days now. So chances of reaching 40,000$ is on the line at 50%-50% chance, IMO.
hero member
Activity: 1148
Merit: 527
I think BTC to hit $40K by end of 2018 is beyond reach. The current status of BTC seems it just hover below $20K. Llew CLaseen just made a wild prediction to encourage investors to place money on BTC after a huge lose.
I think getting to $40K is really achievable considering some things and since we have a lot of FUD out of the way and Bitcoin is steadily rising from $5K to $10K in a matter of weeks, I don't see the prediction to be wild at all.
Yeah, it is reasonable, and a lot of things are changing with the bitcoin's protocol development, but at the same time, we also have to leave some room for some possibilities of not seeing that as well.

It is bitcoin, the market is filled with huge monopoly whether we like it or not, so we cannot really say what the market really holds in the short or long term but to just believe that either way, it is a strong one. Whatever bitcoin will hit by the end of 2018 is only known by time.
legendary
Activity: 3080
Merit: 1353
I think BTC to hit $40K by end of 2018 is beyond reach. The current status of BTC seems it just hover below $20K. Llew CLaseen just made a wild prediction to encourage investors to place money on BTC after a huge lose.

LOL. Checked the bitcoin record last year, no one around in this forum thought that we could get as close as $20,000 but 2017 proved it can go and even touches it. So don't say that $40,000 is beyond reach. Its barely three months and a lot can happened in the next coming months that will push to price even further that what Llew Claseen has predicted. Of course, he is bullish about bitcoin because I'm sure that he is a big investors, and $40,000 is really hittable. I have no doubt that we can even get to $50,000 if the prevailing markets turn bullish specially at the end of the year. It may be a tough road ahead by eventually we will get to it.
jr. member
Activity: 224
Merit: 3
Though it is an opinion but there is always a power in the words of the an influential people or a leader.

He doesn't appear to be that influential.

It could be to you he is not influential but in other people it could be he is. And the impact of his words could move those people and will start believing and  will risk their money to invest more on BTC.
legendary
Activity: 1442
Merit: 1025
I think BTC to hit $40K by end of 2018 is beyond reach. The current status of BTC seems it just hover below $20K. Llew CLaseen just made a wild prediction to encourage investors to place money on BTC after a huge lose.
That is really a wide assumption without any base from Llew and I totally agree with you. It is good to encourage investors, but smart investors anyway would not really bother themselves right now with what is going on with bitcoin but would rather hold more positions at the dips anyway since it is not like bitcoin is going anywhere and it has a lot of future. As long as we have not even close to smelling the previous ATH, thinking of $40k is really unimaginable for this year.

Llew Claseen is just a speculator just like anyone else and everything he has said is not even backed by any analysis but just typical assumptions. Now, we all know so many altcoins are already failing and some without real product will definitely fail the more, but having a specific percentage may not really suffice. However, if we look at the percentage of altcoins in the market now without real product, they are far more than those with usable products, but the value of bitcoin? I am not sure about that yet.
legendary
Activity: 3878
Merit: 1193
Though it is an opinion but there is always a power in the words of the an influential people or a leader.

He doesn't appear to be that influential.
jr. member
Activity: 140
Merit: 2
Bitcoin Foundation’s Llew Claasen Says Bitcoin Will Hit $40,000, 90% Of Altcoins Will Fail.
https://cointelegraph.com/news/bitcoin-foundations-llew-claasen-says-bitcoin-will-hit-40000-90-of-altcoins-will-fail

Hmm! it is a bitter prediction after the dip (losses) or a better prediction which need to ponder?
For me, seems Llew Claseen needs a quick revenue after a huge losses.

It's his opinion, after all. It's not something that's going to happen, 100% guaranteed.

I think that there is a chance that this may happen. It does not mean that it's going to happen at all, though.

His opinion is probably not going to influence the market that much, meaning that the theory of him wanting to make a quick dollar by saying this kind of bullish news is probably not true. $40k is nearly a quadrupling of the price, and I personally haven't seen any investments be able to sustain hundreds of percent of growth for 2 years in a row. Bitcoin should be no exception.

Alts come and go, they are quite irrelevant.

Though it is an opinion but there is always a power in the words of the an influential people or a leader.  People tend to take it as a serious statement which can greatly affect the future of crypto.
hero member
Activity: 1526
Merit: 596
Bitcoin Foundation’s Llew Claasen Says Bitcoin Will Hit $40,000, 90% Of Altcoins Will Fail.
https://cointelegraph.com/news/bitcoin-foundations-llew-claasen-says-bitcoin-will-hit-40000-90-of-altcoins-will-fail

Hmm! it is a bitter prediction after the dip (losses) or a better prediction which need to ponder?
For me, seems Llew Claseen needs a quick revenue after a huge losses.

It's his opinion, after all. It's not something that's going to happen, 100% guaranteed.

I think that there is a chance that this may happen. It does not mean that it's going to happen at all, though.

His opinion is probably not going to influence the market that much, meaning that the theory of him wanting to make a quick dollar by saying this kind of bullish news is probably not true. $40k is nearly a quadrupling of the price, and I personally haven't seen any investments be able to sustain hundreds of percent of growth for 2 years in a row. Bitcoin should be no exception.

Alts come and go, they are quite irrelevant.
hero member
Activity: 672
Merit: 526
Even if 90% of the ALts that exist today fail, we will still have thousands by the end of 2018. We are still far from having projects covering every opportunity to monetize the protocols and offer new ways to create economic incentives in this new economy.
newbie
Activity: 59
Merit: 0
Bitcoin Foundation’s Llew Claasen Says Bitcoin Will Hit $40,000, 90% Of Altcoins Will Fail.
https://cointelegraph.com/news/bitcoin-foundations-llew-claasen-says-bitcoin-will-hit-40000-90-of-altcoins-will-fail

Hmm! it is a bitter prediction after the dip (losses) or a better prediction which need to ponder?
For me, seems Llew Claseen needs a quick revenue after a huge losses.
I do not know 40k seems to be low, I have the expectation that bitcoin may even reach 60k in their year, may be not for long but for a few days before the price goes down again, about the altcoins I agree most altcoins are just trash and will disappear sooner or later.
member
Activity: 546
Merit: 17
woww this is a very good article, this article draws a lot catch one eye.
very predictable this can happen. But, will it really happen? indeed the numbers are so fast growing because we have a lot of FUD and if segwit in provide maybe the cost will be cheaper.
I think this person is quite difficult to achieve, it is within a few weeks behind the numbers so rapidly increased but now, the speed is less, not like yesterday again.
it must be you also know, whether it is bitcoinfluctuation, not always up and not always down. predictions are predictions not necessarily every prediction becomes real. we can be optimistic, if not excessive let alone the numbers flow like water, just follow where he goes.  Smiley
full member
Activity: 854
Merit: 108
Bitcoin Foundation’s Llew Claasen Says Bitcoin Will Hit $40,000, 90% Of Altcoins Will Fail.
https://cointelegraph.com/news/bitcoin-foundations-llew-claasen-says-bitcoin-will-hit-40000-90-of-altcoins-will-fail

Hmm! it is a bitter prediction after the dip (losses) or a better prediction which need to ponder?
For me, seems Llew Claseen needs a quick revenue after a huge losses.

I think this $40,000 is already predicted and speculated last year but it did not become possible even the most popular speculated value of @20,000 were not hit because of the ultimate corrections. Now another prediction for this mark is now spreading without reliable basis maybe this is because to attract more investors to pour their investment to Bitcoin but anyway this is better than FUD in which it will make Bitcoin price value to fall down.
legendary
Activity: 3556
Merit: 9709
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$40,000 is only double the ATH so you’d have to see it as possible. I wouldn’t like to make sweeping statements & declare bitcoin WILL reach a certain figure by the end of the year. Let’s just wait & see.
hero member
Activity: 3080
Merit: 603
So first it is Novogratz saying this prediction and now Llew Claseen. Although I don't know who Claseen really is but why is it that there is a similarity to their prediction. For those altcoin enthusiasts and putting all of their life savings to divest into such altcoins this might be interesting and intriguing to them. I have some alts holding but mostly with bitcoin.

It could be these two holding a huge number of BTC on their cache therefore they made this prediction as a promotion of BTC after the deep dip.
It's only an assumption but whether they hold many bitcoin or not they are really helping to pump bitcoin's price. For these predictors who are giving a nice description for bitcoin by giving such statements that bitcoin can be at $xx,xxx.00 in this year. It brings positive review to those spectators that are just looking and watching on how bitcoin moves.
I feel like this is quite possible if lightning network process is gonna be completed this year. Bitcoin will stay as best cryptocurrency that is sure thing but this negative weather about altcoins isn't valid in my opinion.
Segwit for now is giving a nice feed back to the network and if LN will be processed then we might see a very close price on what Claseen is saying.
sr. member
Activity: 533
Merit: 251
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I feel like this is quite possible if lightning network process is gonna be completed this year. Bitcoin will stay as best cryptocurrency that is sure thing but this negative weather about altcoins isn't valid in my opinion.
jr. member
Activity: 140
Merit: 2
So first it is Novogratz saying this prediction and now Llew Claseen. Although I don't know who Claseen really is but why is it that there is a similarity to their prediction. For those altcoin enthusiasts and putting all of their life savings to divest into such altcoins this might be interesting and intriguing to them. I have some alts holding but mostly with bitcoin.

It could be these two holding a huge number of BTC on their cache therefore they made this prediction as a promotion of BTC after the deep dip.
full member
Activity: 518
Merit: 101
I think that's a realistic market price for bitcoin if its demand will continue to rise too. As we know, bitcoin is very volatile and if its volatility will favor to increasing its market cap and price, then a 40,000$ price per token is possible this year.
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