Topic: My prediction: in 4 months time we will reach 18,000,000 BTC @ 5555 USD each - page 2. (Read 462 times)
March 25, 2019, 10:01:43 AM
Reaching the value of the bitcoin at $5555 is good price when we reach 18 Million bitcoin. But I want to see the price to become more like better if we times 3 or 4 the value of your prediction so it means the bitcoin will recover again and back to the $20,000 of what it already reached before and I hope for the second time it will hit again and I hope that's not only a dream but also a dream come true.
March 19, 2019, 02:52:42 PM
I strongly believe that in four months time bitcoin should be better than were it is today and we should be above $5000 or $6000 as many news coming in is tent towards a positive future in bitcoin pricing.
May I know what news you are referring to? Thus far every bit of positive news has been nullified by the effect of the bear market. The only good news event I can see affect the price is Bakkt launching or the SEC approving an ETF. The first is just a matter of time, the ETF will be something that will need years worth of maturing first. The SEC isn't going to allow Bitcoin to tap into a $4 trillion dollar market that easily.
The only certain event we have going for ourselves is the block halving next year. Technically speaking, a 100% increase is enough to undo the 50% lower block rewards for profitable miners, so don't expect a bull run to ignite any time soon. At current difficulty, a smaller miner called Mr Kristof said that the break-even point is around $3200, so imagine how much more of an advantage the larger farms have here. In other words, don't get too excited.
March 19, 2019, 02:27:02 PM
Although its a reasonable prediction, but I doubt it would reach 18m circulating supply in roughly 4 months,. Give it atleast a couple of months more.
And the price might be a good approach as the market gradually recover from the long bearish season.
And the price might be a good approach as the market gradually recover from the long bearish season.
March 19, 2019, 02:01:49 PM
Any reason how you came to that conclusion or how you ended up with that number?
It seems like he was just looking for numbers that would amount to a market cap of $100 billion. There doesn't seem to be any rhyme or reason to it other than that.
Nonetheless, it's not an unreasonable prediction. If 2019 runs parallel to 2015, then this move to $5,555 would mimic the July 2015 rally which was crucial in establishing the end of the bear market.
March 19, 2019, 12:42:56 PM
My prediction: in 4 months time we will reach 18,000,000 BTC @ 5555 USD each.
That is: a market capitalization of 100,000,000,000 USD.
I could have like you to show us the technicalities on how we can get to that level in pricing and additional minining but you did not do that in your speculation sir. I do really appreciate your view of the bullish tendencies and this encouraging some of us that has been holding for long. I strongly believe that in four months time bitcoin should be better than were it is today and we should be above $5000 or $6000 as many news coming in is tent towards a positive future in bitcoin pricing. That is: a market capitalization of 100,000,000,000 USD.
March 19, 2019, 11:23:08 AM
If that happens we can confirm that the market is recovering and the bull run is very near.
After long time fighting with 6k support we should see retest of this level after braking it. And pump to 5500 could be it. Retest of consolidation prices and going back to hell again. Braking 5,5-6,5k resistance will confirm that the market is recovering.
it is not a pump just because price goes up faster than people expect it to go up. and halving has always hyped things up but that only speeds up the rise that would have happened otherwise too. if it were actually a pump then it should have always been followed by a dump which it never did, instead we have only seen a simple correction before the rise continued.
Dump might happened weeks, months or even years after. What we see now? Litecoin dropped 90% from ATH. Halving decrease inflation by few % and people expect that it will pump price hundreds of %. Well its possible but not by fundamental reason which is decrease of inflation. Its possible because majority believes in pump. They buy causing it. If market would be unstable they will dump it after halving when they realise that its no longer growing. If market will be stable price might continue to grow.
Halving might become spark that creates fire but there must be lots of wood around to keep the fire going because its only halving. It's not BNB where binance is constantly buying coins from market pushing price up to burn them like they promise in whitepaper.
March 19, 2019, 10:02:56 AM
I'm sure it can be happen and hit that price at ber months not exactly 4 months as you said. So maybe around September we will see the price hit 5555 USD at 18m BTC. So, Good luck for hodlers.
Looks like an interesting prediction but a meaningless conclusion, we have different views in predicting the market and I can't blame them what they are saying now. Well, for me I don't think too much ahead of time of predicting the market, I would rather wait and don't expect too much with a high prediction because it is hurt when you predicting but it won't happen. 
March 19, 2019, 09:31:26 AM
I'm sure it can be happen and hit that price at ber months not exactly 4 months as you said. So maybe around September we will see the price hit 5555 USD at 18m BTC. So, Good luck for hodlers.
March 19, 2019, 09:20:41 AM
Seems reasonable.
Though I'm more intrigued to see what effect the halving will have on the price of Litecoin as it is due around August time.
Though I'm more intrigued to see what effect the halving will have on the price of Litecoin as it is due around August time.
Inflation is not that big. Decreasing it by half should pump price for few %. Rest is fomo and speculations - pump and dump. How much will it pump depends on many variables like:
- current bitcoin situation
- emotions on the market
- whales thoughts about future of altcoins based on transferring value
Quote
OP:
Well its very possible. 5500 is hard to break and would need more time but 5500 is achievable in 4 months.
i don't think so. $4200-$4500 and maybe even $5k itself are hard to break but the higher the price goes the more confidence comes back to the market and the easier it gets to soar up until $10k at least. Well its very possible. 5500 is hard to break and would need more time but 5500 is achievable in 4 months.
March 19, 2019, 08:25:22 AM
It's a decent target at the very least and quite realistic. If things go well in the next few months, we may even get past that 5.5k point. The market i think is preparing to move up but not the way that many would hope for. 5.5k is not as hard to hit as those saying a bull run will get us 7 or 8k in a few months.
March 19, 2019, 07:55:23 AM
If that happens we can confirm that the market is recovering and the bull run is very near. I've made a calculation, upon which I expect the growth should take the price to be between $6000 - $7000 by the calculated four months time. The growth experienced by that time will serve as a starting price point to the days of halving. Possibly we will experience similar market scenario as the previous halving.
March 19, 2019, 07:38:17 AM
Seems reasonable.
Though I'm more intrigued to see what effect the halving will have on the price of Litecoin as it is due around August time.
Though I'm more intrigued to see what effect the halving will have on the price of Litecoin as it is due around August time.
Inflation is not that big. Decreasing it by half should pump price for few %. Rest is fomo and speculations - pump and dump. How much will it pump depends on many variables like:
- current bitcoin situation
- emotions on the market
- whales thoughts about future of altcoins based on transferring value
OP:
Well its very possible. 5500 is hard to break and would need more time but 5500 is achievable in 4 months.
March 19, 2019, 06:26:39 AM
My prediction: in 4 months time we will reach 18,000,000 BTC @ 5555 USD each.
That is: a market capitalization of 100,000,000,000 USD.
That is: a market capitalization of 100,000,000,000 USD.
It's obviously not impossible, because this figure would have been seen as quite conservative when people were caught up in the frenzy of the 2017 bull market.
I certainly don't think that an arbitrary prediction without at least some fundamental or technical backing is necessarily something that you'd want to go off in terms of deciding your investment strategy, however. This being possible, doesn't mean that it is probable or will happen.
Prices in the short term fluctuate drastically. I do think that we'll see a significant rally some time this year that would indicate the end of the bear market, but whether or not it comes in 4 months time is completely unknown to us. Currently, even though prices are above $4k, I still think there is some resistance that is making the market move sideways for a few days now.
March 19, 2019, 06:07:48 AM
My prediction: in 4 months time we will reach 18,000,000 BTC @ 5555 USD each.
That is: a market capitalization of 100,000,000,000 USD.
That is: a market capitalization of 100,000,000,000 USD.
Interesting, $5,500 would seem really bullish considering we’d still be around a year away from the next halving. I’d be very happy to see $5,500 in 4 months.
March 18, 2019, 11:40:41 PM
Any reason how you came to that conclusion or how you ended up with that number?
reason: it is a round number!
Seems reasonable.
Though I'm more intrigued to see what effect the halving will have on the price of Litecoin as it is due around August time.
Though I'm more intrigued to see what effect the halving will have on the price of Litecoin as it is due around August time.
a pump like always, probably starting in July (if the halving is in August) then continuing for at least a month. the real question is how big a pump are we going to see this time, previous one was pretty big so the expectations are high!
March 18, 2019, 11:05:25 PM
Sometimes we do not need to have a reason for prediction, once we believe that it will rise into such price then we are free to share it.
Not sure about that mate, unless you think bitcoin will rise in price just because you bought it. There will always be a reason; even if the reason is as generic and simple as you thinking that bitcoin will be successful.It is possible to reach that price in the next 4 months,
Never said it was impossible. March 18, 2019, 09:58:21 PM
Any reason how you came to that conclusion or how you ended up with that number? So we at least have something to discuss about. But yea, pretty reasonable in my book. Definitely better than the moonshot predictions.
Sometimes we do not need to have a reason for prediction, once we believe that it will rise into such price then we are free to share it. It is possible to reach that price in the next 4 months, but we should not be so optimistic no matter how we sure about it, just to avoid a big lose when the price is not reach what we predicts or even the price falling down significantly in the next 4 months.
Legendary cocksucker, take that fucking flashing banner off your signature, continue to be a useless annoying whore or go kill yourself, It's that simple of a decision.
March 18, 2019, 08:37:44 PM
Woooah time flies so fast and after 4 months, 18 million bitcoins will been mined.
I missed those predictions that are realistic like this one than those moon predictions that's hard to believe. And even said that it will happen within a very short period of time.
Though I'm more intrigued to see what effect the halving will have on the price of Litecoin as it is due around August time.
Also thinking about this but I'm assuming that same effect would occur just like 2016 for bitcoin halving. Can't say what's going to be the effect with Litecoin's halving by August.I missed those predictions that are realistic like this one than those moon predictions that's hard to believe. And even said that it will happen within a very short period of time.
March 18, 2019, 07:48:43 PM
Any reason how you came to that conclusion or how you ended up with that number? So we at least have something to discuss about. But yea, pretty reasonable in my book. Definitely better than the moonshot predictions.
Sometimes we do not need to have a reason for prediction, once we believe that it will rise into such price then we are free to share it. It is possible to reach that price in the next 4 months, but we should not be so optimistic no matter how we sure about it, just to avoid a big lose when the price is not reach what we predicts or even the price falling down significantly in the next 4 months.
March 18, 2019, 07:12:32 PM
Any reason how you came to that conclusion or how you ended up with that number? So we at least have something to discuss about. But yea, pretty reasonable in my book. Definitely better than the moonshot predictions.
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