We finally hit 9k+ and that is a huge improvement right now. In three to nine months is actually a solid advice because bitcoin may or may not go down anytime soon but in the long run after the halving there will be a lot less money in the order books being sold, that will make a huge change for all of us but not right away, so I assume eventually we will get an increase, will it be in 3-9 months? I wouldn't know, I am not an expert, however I know it will take some time. Maybe it will be that quick, maybe it will take a year, maybe two, but eventually we will go very high compared to today because of it.
Let's hope that ceo is right and it will go up very soon instead of waiting years before it can be 2x of what it is today, I really don't want to see it idle too much.
Topic: Pantera CEO Says Bitcoin Will Explode in Three to Nine Months (Read 357 times)
We've been at steady price of $7000 and still never hit $8000 yet. And just like what he said, it takes time for bitcoin to exclusively pump. But anything is possible in cryptocurrency. It always surprise us with the massive increase. We still have a chance and hoping that halving will be a good reason for this bitcoin to bull run again.
If it's a few months from now, we are just waiting for that to happen. Let's be optimistic, it is always the bear taking place in the market.
If it's a few months from now, we are just waiting for that to happen. Let's be optimistic, it is always the bear taking place in the market.
I think it takes a year or two year for Bitcoin to explode, in this zone it is an accumulation zone, and it takes a long time for that to be finished,
the whales wants to buy Bitcoin at cheap prices, remember that
We do not know the future of Bitcoin, and Halving is very close this year. I think we are sure there will be a rally this year but it will not be so strong because the market is suffering from the disease. And I also agree that whales are trying to buy things at low prices, which is why in March the price of bitcoin went down to $ 3,500.the whales wants to buy Bitcoin at cheap prices, remember that
I think it takes a year or two year for Bitcoin to explode, in this zone it is an accumulation zone, and it takes a long time for that to be finished,
the whales wants to buy Bitcoin at cheap prices, remember that
We do not know the future of Bitcoin, and Halving is very close this year. I think we are sure there will be a rally this year but it will not be so strong because the market is suffering from the disease. And I also agree that whales are trying to buy things at low prices, which is why in March the price of bitcoin went down to $ 3,500. the whales wants to buy Bitcoin at cheap prices, remember that
I think it takes a year or two year for Bitcoin to explode, in this zone it is an accumulation zone, and it takes a long time for that to be finished,
the whales wants to buy Bitcoin at cheap prices, remember that
Theres no precise or significant time on when Bitcoin gonna explode.Well we do able to see or based up on the history then we can surely tell but doesntthe whales wants to buy Bitcoin at cheap prices, remember that
mean that it would reflect on what would happen into the future but somewhat we do make presumptions which is usual into this kind of market
and lets see on what would happen next.
blockchain is really the technology of the future, and I don’t have any doubts that Bitcoin will have very great prospects in the future. and I am sure of the correctness of the words of Dan Morehead, which states that Bitcoin will destroy a lot of industries in the future and will instead perform the functions of cross-border transfers, electronic payments and other services that are used by the business and each person individually. but an important factor in his statement is the fact that the digital Chinese yuan will rise to the level with Bitcoin and that there will be only 10 or 15 cryptocurrencies that will really be in demand in society before that time.
1-5 crypto would be preferable and we dont really need thousands of them yet they do do still the same concept or in short where most coins or projects now are using the same platform.Im optimistic towards crypto and blockchain tech but its still hard to believe when we do talk about replacing those traditional
things which is almost impossible.
blockchain is really the technology of the future, and I don’t have any doubts that Bitcoin will have very great prospects in the future. and I am sure of the correctness of the words of Dan Morehead, which states that Bitcoin will destroy a lot of industries in the future and will instead perform the functions of cross-border transfers, electronic payments and other services that are used by the business and each person individually. but an important factor in his statement is the fact that the digital Chinese yuan will rise to the level with Bitcoin and that there will be only 10 or 15 cryptocurrencies that will really be in demand in society before that time.
I think it takes a year or two year for Bitcoin to explode, in this zone it is an accumulation zone, and it takes a long time for that to be finished,
the whales wants to buy Bitcoin at cheap prices, remember that
the whales wants to buy Bitcoin at cheap prices, remember that
Usually when its some hedge fund guy who says that so and so is going to go to new highs, do you really think he is looking out for your best interest? No. Most likely he bought long time ago and wants to basically create liquidity to get out.
Hence why you should never listen to any of these people. Same when bitcoin exchange CEOs give inputs on the future price of bitcoin. They should just stay out of it. Most likely nothing will happen to the point of exploding in price within 3 months unless somehow we hit a new ATH soon. Then the retail market will make us explode. However the halving which is generally bullish won't make us explode into 6 figures. We might retain the $10K area at least.
Hence why you should never listen to any of these people. Same when bitcoin exchange CEOs give inputs on the future price of bitcoin. They should just stay out of it. Most likely nothing will happen to the point of exploding in price within 3 months unless somehow we hit a new ATH soon. Then the retail market will make us explode. However the halving which is generally bullish won't make us explode into 6 figures. We might retain the $10K area at least.
I like the optimism as well, he hasn't mentioned a certain price but I agree that if it will explode, it will hit a record high.. this is better than the prediction of some expert that believes bitcoin will hit $1 million this year, lol...
If it explodes will again caught the attention of investors who are uncertain on fiat right now, we will also witness again a new bull run which is result by a FOMO, then the best thing I expect to happen is the altcoins will be able to recover significantly.
If it explodes will again caught the attention of investors who are uncertain on fiat right now, we will also witness again a new bull run which is result by a FOMO, then the best thing I expect to happen is the altcoins will be able to recover significantly.
when the market goes up, everyone says this is Bullish, and that will make FOMO, but must pay attention to indicators and experts make decisions, because the LONG and SHORT trade, makes the price of Bitcoin very difficult to predict
Here comes another John McAfee, where the entire predictions of him went wrong. I think this will not even impact 1% on BTC everyone knows it is a precious asset such speculations turn around only if BTC goes down, The entire globe is suffering from COVID-19 also in most of the countries they are extending the lockdowns which has caused a stir among people. Guys halving is nearing do not hesitate to buy as much as BTC you can 
It is very difficult to perceive any forecasts, if in most cases they do not correspond to reality. But in fact, according to statistics, halving brought very good results last time and therefore it is really better to buy Bitcoin now in anticipation of the next bitcoin halving. In addition, cryptocurrency assets should improve in price because of their demand, since in crisis situations, cryptocurrency can become an asset for rescue.
Here comes another John McAfee, where the entire predictions of him went wrong. I think this will not even impact 1% on BTC everyone knows it is a precious asset such speculations turn around only if BTC goes down, The entire globe is suffering from COVID-19 also in most of the countries they are extending the lockdowns which has caused a stir among people. Guys halving is nearing do not hesitate to buy as much as BTC you can
Basically,Dan Morehead says nothing new.
The Bitcoin price might explode,or it might not.There's a huge uncertainty in both crypto and stock markets and the crisis won't be V-shaped(something most of us already know).For some reason,he thinks that central banks will be more favorable towards cryptocurrencies.I wonder why?Does he have some secret insider information about what central bankers think in regards to Bitcoin & altcoin adoption?I don't think so.
Stock markets will recover slower than crypto markets,because many companies are will be under lockdown for months.
The Bitcoin price might explode,or it might not.There's a huge uncertainty in both crypto and stock markets and the crisis won't be V-shaped(something most of us already know).For some reason,he thinks that central banks will be more favorable towards cryptocurrencies.I wonder why?Does he have some secret insider information about what central bankers think in regards to Bitcoin & altcoin adoption?I don't think so.
Stock markets will recover slower than crypto markets,because many companies are will be under lockdown for months.
That is not Dan Morehead or anyone who has anything to do with Pantera Capital. 
I think it's some actor named Branden Miller.[/url] What is your process when choosing these pictures? A little due diligence please.
Thank you for bringing that up so I wouldn't have to for the millionth time in OP's threads. I think it's some actor named Branden Miller.[/url] What is your process when choosing these pictures? A little due diligence please.
Never heard of Pantera Capital, but it doesn't really matter who they are and I don't trust public announcements like this from investment firms or money managers, because it always strikes me as a bald-faced attempt at hyping an asset that they likely own. It's also only one person/company's opinion, and for every one of those you find that tells you bitcoin is going to spike there are probably hundreds of others telling you the opposite. The truth is that none of them know for sure, so it's all noise.
Lol that picture was really off putting and I didn't really understand the relevance
There is no relevance, and I'm putting OP on ignore for constantly using irrelevant images.@The Pharmacist those pictures used by bbc.reporter are often used to drive a point as I have seen in her other threads, and now she has confirmed my theory too about those pics. Also as for this comment I would advise you'll to take it with a grain of salt, and do your own due diligence as these people will say anything to gain public attention.
@exstasie. I showed that picture to express how I feel on what Dan Morehead has said hehehe. He might be correct about the stock market, however, he might be wrong on bitcoin. Investors might be conservative and invest in safe bluechip stocks first before volatile speculative investments similar to bitcoin.
@exstasie. I showed that picture to express how I feel on what Dan Morehead has said hehehe. He might be correct about the stock market, however, he might be wrong on bitcoin. Investors might be conservative and invest in safe bluechip stocks first before volatile speculative investments similar to bitcoin.
Optimistically, they expect a staggered return to work in June-July but they also expect social distancing to continue, and that lots of workers will still be out of work. They acknowledge a vaccine is the only true hope of solving the pandemic, and that it won't be coming for a year or more, leading them to conclude:
As long the vaccine wont be created then its expected that the more months would pass the more chaotic the world it would be. I cant imagine if this one would last for a year.Prepare yourself. Vaccines typically take 5-10 years to produce and get approval, not to mention the scale it will take to vaccinate potentially billions of people. https://www.nationalgeographic.com/science/2020/04/why-coronavirus-vaccine-could-take-way-longer-than-a-year/
Quote
The mumps vaccine—considered the fastest ever approved—took four years to go from collecting viral samples to licensing a drug in 1967.
What that means for a COVID-19 vaccine:
Quote
Considering the history and science behind making these drugs, “a year to 18 months would be absolutely unprecedented,” one expert warns.
It's never been done before. 12-18 months is the absolute best case scenario, assuming everything works out perfectly. It also means skipping lots of safety measures, which is a pretty terrifying idea considering we're talking about injecting biological material into billions of people.
Longer than a year! Many will probably die of hunger by that time. Meaning BTC would not moon after 9 months still and the longer we suffer due to this lockdown. When there is a crisis, this halving will not matter anymore because investors will just liquidate all. The charts seem to look good but if Covid will still exist we'll gonna experience for the first time the price dropping while there is halving.
Optimistically, they expect a staggered return to work in June-July but they also expect social distancing to continue, and that lots of workers will still be out of work. They acknowledge a vaccine is the only true hope of solving the pandemic, and that it won't be coming for a year or more, leading them to conclude:
As long the vaccine wont be created then its expected that the more months would pass the more chaotic the world it would be. I cant imagine if this one would last for a year.Prepare yourself. Vaccines typically take 5-10 years to produce and get approval, not to mention the scale it will take to vaccinate potentially billions of people. https://www.nationalgeographic.com/science/2020/04/why-coronavirus-vaccine-could-take-way-longer-than-a-year/
Quote
The mumps vaccine—considered the fastest ever approved—took four years to go from collecting viral samples to licensing a drug in 1967.
What that means for a COVID-19 vaccine:
Quote
Considering the history and science behind making these drugs, “a year to 18 months would be absolutely unprecedented,” one expert warns.
It's never been done before. 12-18 months is the absolute best case scenario, assuming everything works out perfectly. It also means skipping lots of safety measures, which is a pretty terrifying idea considering we're talking about injecting biological material into billions of people.
Well generally what he is saying is what most people are speculating will happen.
In the near term, bitcoin might suffer due to the correlation with stock markets. However with the unlimited QE and inflation about the hit the markets, assets such as bitcoin especially with the halving will really begin to take-off.
Issue is that it won't happen in the near term. Too many people are overly bullish because of the halving date next month, however it might not have an effect until maybe 6-12 months later.
First we need the corona virus numbers to start to flatten and go down or have some vaccine which is near approval. The next few months are very uncertain for many people.
In the near term, bitcoin might suffer due to the correlation with stock markets. However with the unlimited QE and inflation about the hit the markets, assets such as bitcoin especially with the halving will really begin to take-off.
Issue is that it won't happen in the near term. Too many people are overly bullish because of the halving date next month, however it might not have an effect until maybe 6-12 months later.
First we need the corona virus numbers to start to flatten and go down or have some vaccine which is near approval. The next few months are very uncertain for many people.
Never heard of Pantera Capital, but it doesn't really matter who they are and I don't trust public announcements like this from investment firms or money managers, because it always strikes me as a bald-faced attempt at hyping an asset that they likely own. It's also only one person/company's opinion, and for every one of those you find that tells you bitcoin is going to spike there are probably hundreds of others telling you the opposite. The truth is that none of them know for sure, so it's all noise.
Its nothing new yet we have seen countless of these kind of calls when it comes to price speculations or predictions.The difference here is that they do have that louder voice due to their reputation but actually those speculations are just generic just like any other speculators into this market.
We can say all we want but as said that all of those are just noise and theres no guarantee that it can happen precisely.
Optimistically, they expect a staggered return to work in June-July but they also expect social distancing to continue, and that lots of workers will still be out of work. They acknowledge a vaccine is the only true hope of solving the pandemic, and that it won't be coming for a year or more, leading them to conclude:
As long the vaccine wont be created then its expected that the more months would pass the more chaotic the world it would be.I cant imagine if this one would last for a year. “I think this is the most complicated and really crazy environment that I’ve ever experienced. There’s so much uncertainty. The only thing that I’m certain of is it’s not going to be a V-shaped recovery.”
I do not think that betting on this will be completely correct, as there are many scenarios that have not been resolved yet, including that the rapid recovery from the economic effects of this pandemic will restore confidence in govs, and therefore we may witness a rapid return (V shape.) "Perhaps success in getting rid of the economic consequences before the beginning of June."Therefore, all expectations are linked to the return of the economic recovery, the solutions that governments will follow, and whether or not a recession will occur.
Now that the shutdowns have been extended everywhere, and there is an expectation this will continue for months, a rapid recovery seems unlikely now. This is the projection from Morgan Stanley:
Optimistically, they expect a staggered return to work in June-July but they also expect social distancing to continue, and that lots of workers will still be out of work. They acknowledge a vaccine is the only true hope of solving the pandemic, and that it won't be coming for a year or more, leading them to conclude:
Quote
This view on the delayed peak and slow return to work has led our US economists to revise their US forecast to a return to pre-COVID-19 levels not until 4Q21.
Jump to: