Topic: New Video: How High Will Bitcoin Go? $2000, $5000 or $10'000? 🤔 (Read 1696 times)

True 

my idea is that while a lot of projects have been out for month or years, they haven't really penetrated the market yet. like stampery, https://stampery.com/benefits, this project is very cool, and will save big money for society in general when adopted.

I think this kind of thing being adopted and used by everyone is inevitable ( its the simpler cheaper faster way...) . I think "blockchain tech" is only now starting to be taken seriously, but very few poeple actually know or understand its potential / usefulness. I think we've seen a lot of interesting things being built on top of blockchain of late, and the infrastructure is more or less ready, ( and it wasn't there at all in 2013... in 2013 pizzaforcoins.com was "hot" ) and the blockchain is starting to be seen in a more serious light. once scalability is increased, we'll see an incress in use, faster and faster poeple will discover all these neat things blockchain can do in a simpler cheaper faster better way, and actually have some faith in the underlying tech.

Its not a matter of IF blockchain will prove useful, but when. Bitcoin's first impression on the world was Crazy Magic Internet money that is constantly on the verge of collapse... altho We understood that this was a bad way to look at it, most poeple didnt catch that, if you ask 10 people on the street "have you heard about bitcoin" maybe 7/10 will say yes ( maybe not ... )  but not one will be able to explain how it could potentially change the world,  they still think we bitcoiners have all been had! have we? hahahahahha NO!

https://www.reddit.com/r/BitcoinMarkets/comments/5mlv40/the_fractal_relationship_between_bitcoins_first/

This is nearly exactly my thinking - target 30K. Of course in the meantime something can and actually probably will happen that will derail the process.

And by the way - what are this guys arguments in text? Who is he - just some random internet guy giving advice?

Fibrecoin had shit volume, you couldn't properly dump with that, as far as I can remember the volume was like 3 figure BTCs or something?

Anyway if you want real solid volume the project must have something of value. In the case of XMR, we saw the case for the dark market usage since bitcoin isn't anonymous enough, but that was about it, but at least XMR brings something new to the table.

Maidsafe had a good pump, also brings new tech.

And of course ETH made some people rich if you bought soon enough.

Thing is, what else is out there right now that could get a good pump that has a solid foundation like new technology or just something? and not some random ass coin like fibrecoin.

I simply see the number of people out there who never came in contact with bitcoin yet.
There is so much potential in growth that I really do not dare to say a number how high bitcoin could get.
Especially when major parts of the economy jump on the bitcoin train!

I think it will be 2,000$ at the end of this year but this is my prediction.
I expect bitcoin will grow up higher so that I have more profit for investing altcoins such as dash, eth, zec.

how many alt pumps are remotely justified? pretty much zero. fibrecoin was pumped to infinity on poloniex and that didn't even have a working blockchain. forget 'fundamentals' when it comes to alts. there ain't none. it's pure gambling. you may well get lucky. you may not.

The thing is, real capital flight hasn't begun. If bitcoin got really used for capital flight, we would be seeing tons lots of money being moved. Right now only a tiny amount of the people know about bitcoin and let alone own some and know the technical details of moving the money around with it. So once the average chinese, average indian etc catch up, we will see a way higher price, only from capital flight alone, even if no new use cases were to be seen anytime soon. Also black market will increase a lot once new privacy features are added. And with sidechains we may see use cases that we can't think about now.

But overall I agree that if you want to get rich quick, your best bet is to put some BTC in an altcoin and hope for the best. The problem is, there are way too many altcoins, and it's impossible to know what one is going to pump %5000 like XMR did this year. The coin must have something interesting to offer, thing is, I don't see a single interesting project right now with realistic chances to pump. Maybe Iconomi? but I have my doubts about the project... so im just staying all in on BTC until I see something interesting.
To make solid gains with XMR you would need it to go to $100 and im not sure about that... once BTC adds more privacy, why would the black market users bother with XMR?

Thanks man 

In what do you think bitcoin will prove itself useful that is different from today (black market & capital flight)?

Interesting numbers as well of the crashes, thanks for sharing

$2,000 is very realistic approach by the end of the year. Even nobody knows about the fate of crypto that's still unpredictable. Only bitcoin is growing more solid being pioneer.

still undecided , we wouldn't know how high will bitcoin go and it's really hard to determine but I don't think that bitcoin will go around $10 000 or even $5 000 until the end of mid year . it is indeed that there is no limit for bitcoin price but it seems the only possible price that bitcoin could pass after a few months is $2 000 .

Past performance is all what we have to try to predict the price not only of bitcoin but of anything, bitcoin may reach any price in the future but to see a price of 32000 dollars for 1 bitcoin lots of things will need to happen in the whole world and not only in the world of bitcoin.

I think your prediction holds true, if the status quo is maintained, and bitcoin remains a speculative wild ride fun to trade "thing".
while i go out on a limb and assume it will soon prove itself useful which will lead to a boom in adoption.
i've seen a couple of your videos along the way, and i like them, thanks for sharing.

here's a bunch of other fun numbers to consider.

seems the crashes are getting less and less intense as well.

32 -> 2 : -93%
266 -> 50: -81%
1200 -> 250: -79%

 

Bump for love 

I'm not sure using $32,000 per btc, or comparable market caps to fiat currencies, as a starting point is wise.

It is not certain bitcoin will ever reach that, it may well be that it does not, or other cryptocurrencies do it in it's place.


I think a much more valuable indicator is past performance, and indeed stretch this into the future to see what is most likely.

It is a fact that bitcoin bubbles have been less strong over time, so it is most likely to continue as such and the next bubble will be less strong again than the previous one.


Sure it is possible what you say, but I think it is fair to say the odds are not in your favor for it to happen so bet on it if you must, but only small.

i disagree, you're prediction is based purely on past preformance.

2 -> 32 = 16X
32 -> 266 = 8.3X
266 -> 1200 = 4.5X
1200 -> 2200 = 2X

seems logical...
but thats no way to get to 32,000$ / btc...

2200 -> 3300 = 1.5X
3300 -> 4125 = 1.25X

we'll never make it to 32,000$ per bitcoin  

if we assume that bitcoin will begin to play some role in the real world of finance, weather it be as a digital gold safe haven or a black market money or remittance or World reserve currency, or online shopping?
then we will necessarily see maybe 10K BTC or maybe 5million per bitcoin!

So i'll ask you to open your mind to the possibility that during the 2 year bear market bitcoin had been creating apps, websites and tools, in order to fulfill its use cases. now that poeple are starting to learn how they could save 15-30% on amazon.com .ca .uk, now that poeple find bitcoin ATM's near them and say "hey this might be better then WU", etc... TX volume is blowing up, and price MUST MOVE.
This is it buddy!
this is where bitcoin starts to be seen in a new light, no longer a useless fun play thing, but a useful tool that saves YOU money!

it is my opinion that we are setup to see the biggest incress in bitcoin history ~100X

>32,000$ in <2years

you better believe it
 

And that is everything that you can say? My God.
I think 2000$ and 5000$ and even 10000$ is not the limit to bitcoin. Bitcoin is only on the second level of it's evolution as money and that tells us that the price will continue to grow. I think in this new year we will see 2000$ price as expected one. And what will be next - who knows?!

Around 2000

Enjoy  

https://www.youtube.com/watch?v=UskaAlq8MHg


Summary:

The bad news is, likely not that high in the next bubble as most expect. Think highest odds only 2x ATH, around $2300. Maybe 3x = $3600, but very unlikely 4x = $4900, at which point I would keep only a minor exposure of 10% Crypto / 90% Fiat. The good news is that altcoins at the same time, compared to their ATH, will likely have gone up many times more than bitcoin and will allow to lock in great profits with high odds to buy back considerably cheaper.