Topic: My big economic predictions for next months. (Read 461 times)

I agree that Bitcoin will rise later on but if that makes more people to get wealthy? Well it depends if many of them will invest now. I know Bitcoin is not new anymore but I think there will always be people who will doubt its ability and there are those who got traumatize for their bad experience but that was also their fault and worse is they can also discourage other people not get involved in it.

Bitcoin price is now back at $70+k range so I don't think this will take a few months for us to hit $75k. We might even get it within this week. This is another milestone for Bitcoin and those who invested even last time can indeed benefit with that pump already.

Let me just remind you that gold when it was established the market was flourishing more than the way it is now but due to what makes a market to crash affected gold and the market loss a value then, so gold can crash in the market at any point in time it does not matters if Fiat currency is getting weak or not what makes all these currencies to crash is speculation to that particular digital currency we should ask ourselves that why Bitcoin do crash in value but after s some months or years bitcoin will reshape in value, so it is the demand that made Bitcoin to increase in value I believe that since Bitcoin will decrease if you even when a Fiat currency is getting weak gold can also experience a decrease even when a Fiat currency is weak

How exactly does bitcoin help the economy of a country?!

If you as an individual buy bitcoin and make profit, that does not help the economy of your country. It only helps you as an individual in that country.
We saw this in El Salvador already. Bitcoin didn't help them. All the dozens of major decisions that their president made over the past couple of years helped improve their economic situation.

I think Bitcoin price will go up in future and more people will be rich by that. In the next few months, Bitcoin price will hit to the $75000  and the people who invested in that ,they will get more benefit from that. Bitcoin impact on the economy of the country and it has huge impact on economy of World because almost all countries are taking interest in that and Cryptocurrency has best future and crypto lovers want to get profit from that. I also suggest many people to invest in Bitcoin because it is safe in long term and he can invest in it for his child and for their future education and health .

I don't think that's how prediction works because if I am tossing a coin and I predict it will either be head or tail,, then I am not predicting the possible outcome but instead mentioning all the outcomes. He does not mention all the outcomes of war but mentions all the events that can happen in one war like b/w Russia and Ukraine etc. Even his posts lack representation skills, which means he doesn't know how to represent these facts.

It's like he has been watching the news from 100 channels for 100 hours continuously, and at the end of the 100 hours he makes a post of what he learns haha. It's like his mind is overflowing with the information and these facts he learned are flowing out of his mind and are being mixed, makes no sense in order to make sense we will have to smoke weed.

What a bunch of random, unsupported and unrelated informations.

You should better give that crystal ball a proper use : fill it with still water, put a layer or fine sand on the bottom and plant in it three or four marine plants; when everything is ready put in it a couple of goldfish

@OP is entitled to his own opinions about Bitcoin, wars and the world economies, but it wouldn't change what will be. Although some opinions and speculations can be reasonable because they present facts that are pointers to what they're predicting. But if someone like OP is telling us that his predictions are from a crystal ball, then I wouldn't take it seriously because they don't make sense to me. I think that OP has a weird since of humor and he expresses them through his posts. If by any chance of a snowball in hell that his predictions were to come through, then I'll ask him to give me sure win lotto numbers so that I can hit the jackpot .

It seems that your crystal ball needs to be plugged in, and the electricity is cut off in you as in my country, so your vision may be blurry.

The only good thing about your prophecies is: "Bitcoin will reach 117k by 17.11.2024" This is the only good thing that your stupid ball told you even though it is completely unrealistic.

The rest of your prophecies are just illusions or fantasies, anyone can claim to know the unseen and say whatever they want but no one knows the unseen except God, I don't know how you will face people when these dates come and all your prophecies fail?

It's normal to predict the price of the bitcoin or even other happenings because its a prediction, an accumulation of ideas, a hoax not until proven with the market situation, the price for me its too far from this year I guess for the next all-time high but not in this year currently bitcoin sitting with the 67k and people excited to see until where does the bitcoin can bring to us. During my noob times, I depended on what other people said with the market and now I don't care about the people's predicts exaggerated because it's their prediction after I see the market behavior I can tell myself where I can trade and invest.

I also love to hear those talks and TBH my attitude was also same for the first few days like who is feeding them this information but with time out of 10 2 to 3 discussions were real and generic and some of them were new to me so with time I realized even feeding yourself the wrong information while you don't know it's bad can take you toward the reality in no time so I learned from them that never stop learning and sharing because even if you learned wrong with time it will be corrected on its own and sometimes the timing is great as well.

I also afraid they won't understand AI and I am afraid more when an octagarian is talking about AI and all the technical stuff I have met with 1 or 2 octagarians (I am not sure if they are really Octa but they were old) and they were talking about AI and all the new stuff that really gave me goosebumps, and I don't know why, but they feared me more haha.

Oh lol, I love those talks. It makes you wonder how they grew up to be that old without ever realizing what's going on and how they could be so stubborn about their ways. Unfortunately they have zero clue about how technology works and what it is capable of, so when they see something they believe in it. These days for American politics we see AI made videos of Kamala shared around to bash her, and a lot of republican elders actually do believe it as well.

This is going to be scary for many years to come until people learn what AI is capable of, but I do not have hopes for our elderly to understand. My grandmother didn't know how to use a mobile phone until her death, she had one for 15 years and never learned how to use it and constantly made mistakes. If they fail understanding smart phones, then I am sure they will not understand how AI works lol. They are so gullible, I compare people who are 70+ years old to people who are 10 years old, they are just kids.

I think he is not aware of the word Logic lol anyway $117K is not possible for BTC even till the end of 2024. Maybe after 2025 it might get some positive news but as you said its not possible for BTC to make that high jump because it really needs a lot of adoption even if we consider the impact of halving which impact's is going to effect market with time or even if we consider the adoption being made by ETFs and other countries the demand is increasing day by day but still IMO they are not enough. We need another Halving event to make this happen or another hyped event like ETF to create such hype again.

What are your expectations for BTC BTW?

The biggest thing we are going to see in the next few months is the outcome of the US presidential election and that could mean some drastic changes. We could either see another period of relative stability and maybe a reversal of some of the most damaging bipartisan politics that have been inflicted for decades if Kamila wins, or we could return to the volatile and erratic rantings of old man Trump who could destroy relationships with allies while cosying up to the dictators he crazily desires to be. The outcome of the election will have a big influence on all of the things that you've mentioned, but I am not as confident that the wars will stop quickly as they have very difficult underlying causes to solve.

You chose the right word for him, "Food for thought" haha his posts resemble those of the elders (above 70) who sit together and discuss about politics one is saying it is all the government's fall other is saying it's not our government's fall but some other country's government's fall I mean, for some days have to sit in a place where they all discuss politics and discussion about worlds and I keep wondering who is feeding them these thoughts.

I think fake and edited videos and pictures these elders and any age of person see on FB, IG and other social media they take them for granted and now a day they are even trusting the images for 100% sure because the person posting them is using AI to create such scenarios which looks realistic. Technology is being misused here but still with time some of them are realizing that these news are fake because when they sit together they listen to each other and share their POVs they learn and correct themselves and I also learn from them haha.

There is something rather amusing in the fact that people are still trying to predict this future when they’re not entirely certain of it themselves. In such uncertain conditions as we face today, with crises, with wars, with economic instabilities within and outside our country, it is expected that predicting outcomes is a problematic exercise. The notion of rumor enters the fray, or assumptions and estimates become an additional parameter.

In fact, even if we consider prognoses for the future ineffective, the expectation of economic revival is what ties us together. But every country expects stability and progress and among all these occurrences optimism is necessary. As to the future nobody knows what will occur, but when it comes to changing it for the better and striving for a healthier economy that is always an option.

Relax guys, he is using a broken crystal ball to make all these predictions, so the chances of them being wrong are way higher. 

Jokes apart, @OP, what makes you think (I know it's you and not the crystal ball) that Bitcoin is going to hit $117k within a month? If it's only about making predictions in the air then I would say Bitcoin is going to hit $200k by December, this year. However, there is no logic in that, if we are making predictions or speculating, we should at least do it logically and our logic should be backed with analysis and at least some data.

Based on the current price range of Bitcoin which is between $67k to $69k, it is going to need to gain more than $48k to reach your target, and that happening within a month doesn't seem possible to me because if that happens, considering the bull run will continue for a few months after the new year starts, we are going to see Bitcoin going above $300k easily. That doesn't sound possible or logical to me.

This is hilarious and at the same time a food for thought cause I myself keep wondering how on earth he keeps making such predictions for the future meanwhile he ain't sure about them as well, probably he got such information from a source that's not verified and bring it up here, but in as much as the world is having alot of crisis, wars, currency fluctuations and all of that no one can tell of what's going to happen next but we hope for the betterment of the World economy leading to every countries.

What if there is no ATH in the coming years and interest rates do not decrease?
What you said is very clear, but no one in this market can make a prediction.
You mentioned everything, you forgot the American elections, and isn't that also an important factor? Or is China putting cash into the market and decreasing interest rates a bigger factor?

Chrystal ball was like broken it's now fixed and it shows things turn bearish before the december 2 nd for some reasons.
I only talk what crystal ball telling it's not my own toughts.

Prediction is just a lie because it is based on guesswork and very few of them are true.  Or if they are the truth of those people, then they are interested in it and understand it.If I talk about the previous year, then the price of bitcoin was high at that time, but much less than today but this year, the price of bitcoin has increase a lot.  Bitcoin is increasing its value every day, due to which the price will increase significantly in the next year as well.If we had understood the importance of Bitcoin earlier we would have been one of the richest Bitcoin users today.  But we didn't take it serious.  But look at this, many people do future trading today.  Which in my opinion is stupid because it was bitcoin that stood at such a high price.But I feel that bitcoin will go down in value in a few years but it will go up again.

What if this doesn't happen? Then, you'll just say that it's a mere prediction and most of the predictions are just total guesses from anybody that sees something good in the market. But then, I want this to happen and to see Bitcoin hit the 6-digit mark by December. However, I am not that excited to see it happen for this year but I hope that I am wrong and you're right so everybody is happy before this year ends and we get to see some good price of Bitcoin by the end of this year. Either way, this end of the year is going to show some good price.

You may have given a terrible example of something you are complaining about. While we all know that kid will not be 7.5 trillion pounds, could we at least agree that he will weight something between probably 150 pounds to 300 pounds or so, which is what humans are. That baby is just a few pounds at most at that moment, but he will grow maybe like 10x or more, and that means, we may not grow to be 7.5 trillion market cap, but we can be 150k to 300k in price?

That is a great news to me, I am super happy that this could happen and I am willing to wait for it. See why that is a bad example for bitcoin, sure it will not grow at the same pace, but it will grow, that baby will not grow at the same pace, but it will grow, same as bitcoin. So, this is why it's a bad example.

I have nothing to gain from giving my opinion, but the idea that Blackrock is going to crash or be insolvent seems a bit far fetched looking at things as they currently are.  Blackrock has grown not only their earnings per share over the last 5 years but also is growing their profit margins.  With Bitcoin going up (and you saying it will hit all time highs) this is yet another cash cow to add to their pen as their fees are based on a % of a fund that tracks the Bitcoin exchange rate.  I'm mad I didn't scoop some stock up when it was sub $800 a few months ago, as I saw it just surpassed $1,000 per share and isn't looking back.

Insights for sure.

I need to get me one of those crystal balls. Maybe I’ll find the eyes of Sauron looking right back as it did yours!

Based on your post history we already know that your "crystal ball" is broken

1. It is impossible for bitcoin to make such a jump out of nowhere. Remember that bitcoin is not some pump and dump shitcoin that can have calm market and then suddenly rise up about 2x in only one month. The similar situation needs months of momentum and a big long bull market (like 2017) so that we can see 2x rise in a month. It is impossible under any other circumstance like right now.
2. BlackRock is booming because this organization is literally milking the world specifically Europe and Ukraine out of billions and is getting fatter. It is highly unlikely for it to crash out of nowhere and without reason.

There is no reasons for that either. The only thing I could see happening is NATO ending the war with Russia so that they can focus on West Asia and the genocide they are carrying out in Gaza. Not end both at the same time.

Israel is not a zone or location, it is a terrorist organization. The location name is Palestine. And there is already a war going on there, it won't be "new conflict zone".
Also the only way I could see the war in Eastern Europe expanding is if NATO escalated in West Asia and as their armies are crushed over there, the Russian army would take advantage of the opportunity to advance and hit Germany hard taking up to Berlin in a very short time.

LOL
So you are bag holding these shitcoins hoping they go up?
If by your "crystal ball" bitcoin crashes, these shitcoins would burn.

Again you are contradicting yourself. If there is a conflict in West Asia and if Russia expands the war, the energy price would soar. That is both oil and gas not just one of them. And that wouldn't be a "bull run" it would be a massive price jump mostly because of the supply shortage of them.

Same with Russia, China would also take advantage of NATO forces being crushed to invade Taiwan as I explained above. So will North Korea which would flatten South Korea with all the US troops in it.

Hehe don't worry, we're all here to judge in the trading section. And to be fair also, I find it easier to judge since I don't trade anymore. My ideas were far worse, far more idiotic, I just need to check my trades in 2017 to see how dumb I was buying 'all the dips' lol.


OP is a bit trolling with that crystal ball prediction. New account, but familiarity with style in BTT points this to me

Everything used to be about USA elections but I think those days are soon over. For BTC anyway it should have lesser impact.

No offense to your crystal ball but I think it is unlikely that all these significant events happen all in one day. Especially that these events are very complex and will not be solved by just one day and a simple fix. I will still take note of this date and go back to this post and let us see how accurate your predictions were.
Bull run is expected to last until at least third quarter of next year. It also does not add up. Is the date for the ATH or the crash? Because it is not possible to coexist. If bitcoin reaches a new ath, blackrock will most likely not crash and it goes both ways. If blackrock crashes, there is a possibility for the market to be affected.

I also realized that the new ath has the same numbers as the date. Is that really coincidental?
How we wish. But it will not happen, mate. How can it be possible for two different wars to stop at the exact time? These wars have been going on for years and it does not show any improvement any time soon. Your predictions for the bitcoin price can be acceptable and may even come true but this one? It is not happening.

Good point. OP's post reminded me of all the charts people are posting about how halving impacts the price, and their unrealistic predictions based on past halvings. I judged him wrongly because of that train of thought I had at the time.

Well, to be fair on OP, 117k isn't based on past performance actually hehe.

I mean lets check it. ATH is 73k.

And 73k is just 15% more than the 64k ATH in 2021.

64k is 240% more than 20k ATH in 2017.

20k is 1400% 1400 ATH in 2013.

So actually, past performance points at smaller and smaller returns from ATH to ATH.

But OP is saying 117k. Its 60% more than the last ATH this year. It's definitely not using past performance pattern

With the slow rate of Bitcoin volatility, I am not sure it will get to 117k ATH  by November this year. Such a price might be reached by next year, according to my predictions. I don't also agree that the bull run will be over this year; for me, we have not even entered the main bull season.

Regarding the war predictions, it will largely depend on the outcome of the US elections. It is easier to end the hostility in the Middle East than to stop the Russian-Ukraine war. If the newly elected US president can handle Israel, the region will experience peace. But ending the war in Ukraine/Russia will be more complicated considering that Russia might not be willing to return some annexed territory, and Ukraine will also not want to lose any.

I also agree that the FEDs might keep reducing interest rates in their remaining two meetings, which will also be good for the Bitcoin market.

Why will gold crash when fiat money is so weak and the debt bubble is out of control? Why will any serious Blackrock issues keep BTC down for more than a very short time? People will rush in to buy the dip, especially for the same reasons gold will be really strong.

Everybody has already predicted stuff like this in BTC, they are just not telling the date of ATH some say more than $250k. Yours is just 117K. Almost a conservative take at this time while everybody is seeing the price shoot up.

I guess there is just war and everyone will be watching it while it's a bear market. And people will be forced to sell. China vs Taiwan is not happening. But probably The Philippines will be pushed there to fight China instead. They'd rather destroy someone else country or the Guam Island.

In fact, I think the world economy as a whole will get worse and worse in the future, what can you do about Bitcoin prices, the Middle East and Ukraine wars in the next five weeks, jokes and nonsense.

We need four years if we want to see changes in the price of Bitcoin when the halving occurs, there is no country that is still burning in war, it can be stopped in 5 months, what's more, it will happen in different countries, how can you think in hallucinations like that, even a crazy person wouldn't believe that, let alone a sane person.

I think the lottery number (17.11.2024) is the best to buy tickets, the date you mean is the date, day and year to go to church, to worship, open for Bitcoin price spikes.

So you know the future, can you tell me when my parents will allow me to marry someone, haha, or can you tell me if I can pass the entry test I am preparing for, or can you tell me which airdrop will reward me the most like thousands of dollars. Don't want to disrespect you, but why don't you stop making topics like these? Why proof or backstory do you have to prove all of these predictions You made?

Just provide the logic behind one prediction that's it nothing more. BTW you talked about  China and Taiwan war until 2026 do see if China also adopts crypto anytime soon by soon I don't mean 2 years after but maybe in this year.

The war on Ukraine will not end soon; it may take decades before it concludes.

The best thing the President of Ukraine could do is surrender, as he cannot win this war. By surrendering, he would save many lives on both sides.

He won't surrender because it would mean all the lives lost to date were lost for nothing.
Don't expect smart moves from a guy that pretended to play piano with his dick on national television and who never wear suits in interviews to show that he is fighting too (while being safe in a guarded bunker).

You can see people dying on both sides, everyday on theync - all because of one man ego.

https://www.youtube.com/watch?v=oua0Puihrkc

 

It is way more exciting when this idea of Bitcoin touching $117,000 by 17.11.2024 is depicted with the hype around institutional participation in crypto, but I guess we all know that. After all, the market does have many wonderful surprises and twists. If Blackrock were to be in a financial crisis, as they predict, it would indeed move everything around in the financial system, including crypto, in ways we least expect.

in geopolitics I certainly hope that wars over Ukraine and the Middle East will cease by then. Though a specific date of this event is quite hard to predict given the complexity of these issues, I do wonder about the much-predicted economic crises in Japan and Germany. which is a country with a large economy Therefore, if this happens It will be round the world. However, I always believe that it is a must to be steadfast yet still look out for changes while being in this process. Global markets and events could not be so predictable. Thus, I always attempt to balance out my perceptions with knowing more via credible information sources.

The problem with all this new ATH predictions based on past performance:

The key date is 17.11.2024.
This what the crystal ball show's
This what happens soon.
1. Btc price Will be 117k ATH By 17.11.2024
2.blackrock crashing and insolvent date 17.11.24 (blackrock insolvent by the time btc ATH ) blackrock and btc case will be not solved until year 2027 again so until 2027 btc will be very bearish.
By the 17.11.2024 bull run will be over and markets crashing oil gold and btc crash.

All the wars will be stoped middle east and ukraine war will be over exacly by 17.11.2024

02.12.2024 start of new war agressions  military conflict zones and locations: Germany, Finland, Estonia,Israel - possible attack against Israel by the other middle east countries.
Also start of the xrp, silver, eth, xlm, bull run. Solana bull run start about 25.05.2025 and will reach ATH 26.01.2026 about.
( Not btc bull Run becouse blackrock insolventy making btc into bear market)  
Also big bull run for gas but not for crude-oil.
Janury 2025 total economical crash japan and  germany will have by then biggeest economic crash.
Also january 2025 big ice and cold weather in Japan and Germany.
Fed meeting by december or early this year 2024 they want to cut rates however there is unknown obstacle they can't do rate cuts or they do it but will be not enough of those cuts to boost markets. (Something happens or happening with fed someone gona resign or some other serious issues in december this year 2024)
China and Taiwan war not any time soon not before year 2026.

...
I'ill keep adding further events If something pops up.