Interesting that the correct answer was... well, $25k.
I'm not sure it has the gusto to get much above $30k.
That's because the higher the price of bitcoin gets, the more expensive transaction fees get, and the less valuable it actually is as a currency.
Topic: Poll: What price will BTC top out at? (Read 540 times)
OK so $17k is out as an option... Next stop, $20k. If you believe that to be the case, just vote for the $25k one because I can't change the poll options. Woke up to see this article in my news feed; don't know how lucky or smart this guy is, but uh, it does encourage one to HODL.
https://www.cnbc.com/2017/12/17/bitcoin-price-ronnie-moas-sees-cryptocurrency-at-300000-400000.html
https://www.cnbc.com/2017/12/17/bitcoin-price-ronnie-moas-sees-cryptocurrency-at-300000-400000.html
I am shaking my head at those who voted $15,000 in this poll. Bitcoin has shot past that and is now at about $16,500. The momentum is just overwhelming. Assets don't just skyrocket and then crumble -- right as a technological revolution has just begun. I think this is way too early to call it a top.
Why shake your head at them? Bitcoin is extremely difficult to price because of exactly what you've stated. A technological revolution may have just begun, but we can't even be sure that bitcoin is at the forefront of it if we go 1-2 years into the future. In this moment, yes, it is viable to believe that bitcoin will be the successor coin, but as you and I both know, there are strong amounts of volatility with the coin.
He pole dosent have to option"will never stop" . Most of the people would have chosen that as there is no stopping in the prices of Cryotocurrencies. Also we cannot say when the prices will drop down really bad and eventually Bitcoin might even die. So it's better to cash out whenever you feel you have earned sufficient amount and you do not need anymore to actually live your life.
It goes to $22,500 by December 31, 2017 & $100,000 by December 31, 2018.
Also, there will be a major correction, somewhere around $40,000 - $45,000 (nearly 50%) , but it will rally to $100,000 after that.
Also, there will be a major correction, somewhere around $40,000 - $45,000 (nearly 50%) , but it will rally to $100,000 after that.
So I changed the poll a bit to reflect $17k as the minimum.... Its been having a hard time busting past this number for a week or so now, but at the same time it doesn't want to sink below $16k... Wall Street whales find it at a "buy price" at sub-$16k levels.
Having said that, I believe BTC is long overdue for a correction. If you look at the chart, any 'ol BTC chart, it looks like BTC is headed straight towards infinity. But as far as I know this has never actually happened in any market whatsoever. Maybe BTC will remain in the $16,000's while a lot of alts are losing their traditional, correlative tie with the price of BTC, and headed on crazy upwards trajectories as well.
TLDR: Correction has to come soon. BTC has defied the laws of finance physics for far too long already.
Having said that, I believe BTC is long overdue for a correction. If you look at the chart, any 'ol BTC chart, it looks like BTC is headed straight towards infinity. But as far as I know this has never actually happened in any market whatsoever. Maybe BTC will remain in the $16,000's while a lot of alts are losing their traditional, correlative tie with the price of BTC, and headed on crazy upwards trajectories as well.
TLDR: Correction has to come soon. BTC has defied the laws of finance physics for far too long already.
Pick the option that is closest to your guess, "Price is Right" style. Me, personally, I'm guessing about $15k, but I have no idea what percentage of the final poll results that number will be.
Around $25-26k would be my guess.
Although, it could be possible that the current all time high is going to be the all time high for years to come. Nobody knows for sure though since right now the price has indeed gone down but not by that much at all.
I am shaking my head at those who voted $15,000 in this poll. Bitcoin has shot past that and is now at about $16,500. The momentum is just overwhelming. Assets don't just skyrocket and then crumble -- right as a technological revolution has just begun. I think this is way too early to call it a top.
I am among one of the respondents who was wrong -- so $25,000?
Its just nuts to think that BTC can go much higher when this is already the biggest commodity bubble of all-time.
I sense heavy Wall Street manipulation at work here.
Just when you think the going's about to get great, and you've convinced your parents to invest in some, that's when the W.S. shorters and manipulators will crush the price to achieve maximum gain.
This is no longer a free-floating entity. It is now directly tied to Wall Street, who know how to do one thing and one thing only: make money.
Moral of the story: be careful out there!
So true! The thing is BTC really sees no top at the moment and nobody can tell when this is going to actually blow up in pieces. IT could be $1 million before it bursts, it could be now. It's unpredictable in all fronts.
$18 – 50K.
I voted $50k since it is closest to $40k.
Near-term $25k is closest to my prediction for a first-peak but not the final peak before the ensuing crypto winter.
If you mean the eventually price of Bitcoin in 2026+, then greater than $1 million eventually.
I think $100k is plausible before the ensuing ~27 month decline by perhaps -2/3 of the price. We should at least reach $40k on this peak (although we might get a multi-month pause and correction after reaching $18k – $25k first).
I voted $50k since it is closest to $40k.
Near-term $25k is closest to my prediction for a first-peak but not the final peak before the ensuing crypto winter.
If you mean the eventually price of Bitcoin in 2026+, then greater than $1 million eventually.
I am shaking my head at those who voted $15,000 in this poll. Bitcoin has shot past that and is now at about $16,500. The momentum is just overwhelming. Assets don't just skyrocket and then crumble -- right as a technological revolution has just begun. I think this is way too early to call it a top.
I am among one of the respondents who was wrong -- so $25,000?
Its just nuts to think that BTC can go much higher when this is already the biggest commodity bubble of all-time.
I sense heavy Wall Street manipulation at work here.
Just when you think the going's about to get great, and you've convinced your parents to invest in some, that's when the W.S. shorters and manipulators will crush the price to achieve maximum gain.
This is no longer a free-floating entity. It is now directly tied to Wall Street, who know how to do one thing and one thing only: make money.
Moral of the story: be careful out there!
I am shaking my head at those who voted $15,000 in this poll. Bitcoin has shot past that and is now at about $16,500. The momentum is just overwhelming. Assets don't just skyrocket and then crumble -- right as a technological revolution has just begun. I think this is way too early to call it a top.
Pick the option that is closest to your guess, "Price is Right" style. Me, personally, I'm guessing about $15k, but I have no idea what percentage of the final poll results that number will be.
for me I still don't know, I always watch the market and I always put 2k boundery to the current price before I sell bitcoin. For example the current price of bitcoin is $14k then my selling point would be $12k.
I am again surprised. The current bitcoin rate in the capitalization table is $ 14,640, although it was much lower last night. With such growth themes, he can easily overcome a mark of $ 15,000, for which many voted here as for the rate at which bitcoin stops, and can freely reach $ 20,000. If, according to the astrologers' prediction, it will grow uncontrollably until February, then by this month it can reach 20,000. Apparently, the forthcoming eight bit of forks are of great importance for the course of bitcoins during the next month. Everyone wants to get free coins, even if they are useless. As a rule, forks of bitcoin initially have a significant value in comparison with altcoyins.
Nothing is impossible. But i read many people's analysis, most of them suggested to hold it. Maybe its price will jump again.
With only 21 million that can be minted, bitcoin is scarce by design, yet global appetite keeps growing. Increasingly bitcoin is being viewed as "digital gold" rather than a currency, which tends to support much higher prices.
In that 21 million, Some 4 million coins are lost or destroyed by either accident, negligence or hard drive failure. I think BTC will top out at $15k .Topping out permanently or short term? I just can't see bitcoin crashing and languishing under $15k when a genuine technological revolution is underway. If bitcoin crashes, it will rise again -- and again.
With only 21 million that can be minted, bitcoin is scarce by design, yet global appetite keeps growing. Increasingly bitcoin is being viewed as "digital gold" rather than a currency, which tends to support much higher prices.
In that 21 million, Some 4 million coins are lost or destroyed by either accident, negligence or hard drive failure. I think BTC will top out at $15k .
With only 21 million that can be minted, bitcoin is scarce by design, yet global appetite keeps growing. Increasingly bitcoin is being viewed as "digital gold" rather than a currency, which tends to support much higher prices.
It is so hard to comment on this one.
Never ever before in the history of finance have ve had a situation where an investment asset is so limited in quantity and there s nothing one can do about it.
So any price is theoretically possible, even 100k.
Never ever before in the history of finance have ve had a situation where an investment asset is so limited in quantity and there s nothing one can do about it.
So any price is theoretically possible, even 100k.
Im amaze with the current price of bitcoin its very hard to predict at this moment so Im voted at $15k but Im pretty sure it will surpass the $15k mark and will continue reaching the next stop at $25k maybe end of the year.
Actually bitcoin will top up at the end of next year by 100,000 usd. And I think that this kind of speculation will be called out and become to reality.
this is one of those times when i stop speculating about bitcoin. i already have my coins in cold storage and i will be standing on the side just watching. possibly selling some small amount which i always use for trading in case i sense the rise is at an end. other than that i prefer not to think about it much because it is impossible to predict anymore.
i can explain the rise to some extent but not even i am convinced!
i can explain the rise to some extent but not even i am convinced!
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