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Topic: Predict the price: Halving day 2020 - page 10. (Read 16284 times)

full member
Activity: 155
Merit: 100
July 10, 2016, 07:47:31 PM
#52
Well atleast 100k$ or there's no fun at all.
sr. member
Activity: 840
Merit: 252
July 10, 2016, 03:02:19 PM
#51
On next halving price will be more than 10,000$ for sure as even at the end of this year we may see new ATH. I am thinking to put 1 bitcoin in one paper wallet created offline and burry it in one hole near my house putting that paper inside a glass bottle. Cool

I think the price in 2020 will be between 10 to 30 times of present value, so $10,000 is within that range.
legendary
Activity: 1039
Merit: 1005
July 10, 2016, 02:12:37 PM
#50
Somewhere between 10k$ and 100k$, depending on political development. Bitcoin exchange value can't be sustained from speculation only, there must be real use by real people, and that depends on bitcoin-friendly legislation. Dark markets will always be a part of it but can't be the main driver. When bitcoin becomes an accepted solution for remittance services or for online payments the transaction volume measured in fiat currency will increase significantly, and that can only happen with higher exchange rates.

Onkel Paul
legendary
Activity: 1120
Merit: 1008
CryptoTalk.Org - Get Paid for every Post!
July 10, 2016, 01:56:34 PM
#49
On next halving price will be more than 10,000$ for sure as even at the end of this year we may see new ATH. I am thinking to put 1 bitcoin in one paper wallet created offline and burry it in one hole near my house putting that paper inside a glass bottle. Cool
sr. member
Activity: 406
Merit: 250
July 10, 2016, 01:20:24 PM
#48
Bitcoin will hit $1000 in the next 6 months due to poor global economy, the halving and hundreds of millions of dollars venture capital and development. And 2020 is $5000.
im pretty sure that you are right, in my opinion the price should reach a new all time high pretty soon what will allow all the people to make some decent money i htink
sr. member
Activity: 795
Merit: 251
July 10, 2016, 01:12:19 PM
#47
Bitcoin will hit $1000 in the next 6 months due to poor global economy, the halving and hundreds of millions of dollars venture capital and development. And 2020 is $5000.
legendary
Activity: 1092
Merit: 1000
July 10, 2016, 01:06:34 PM
#46

Once the price has been stagnant for a while, smart money starts to move in and the price rises around 5000-7000 usd and then some early gamblers will enter, also a bankers and Wall Street might buy in and if that happens, the price of bitcoin will for sure go to 1000 000 usd/btc.


i like your big sky thinking but it don't feel that simple to me. people were saying the same in 2013/2014 by the looks of things and they ended up having a bad time.

we need to wipe out the current breed of manipulators to step on up. the only thing that'll do that is more buyers. let's see if there's a compelling reason for them to show up.

I think people in 2013 and 2014 are very different from people today. Those people were probably bagholders who bought their bitcoins at 1000 usd or slightly under and now probably a portion of them have sold their coins at loss.
Bitcoin cannot be manipulated since there is no naked shorting unlike in traditional markets. Sure you can set a sell or buy wall but they can be bought immediately. Manipulating the price down succeeds only if there are dumpers who have loose and shaky hands or miners with tons of coins and electricity bills piling up. Now the status quo is that the shaky hands have been shaken out from the markets in 2013-2014, and new stronger hands have taken the lead. So this issue has solved. Now we need to solve the issue of miners: actually we had a good solution yesterday when the block reward halved and miners have less coins to dump, therefore shorters will find it harder and harder to find the poor people who have to sell their coins for the covery of a short position.
I am expecting a super pump in bitcoin during the coming months/couple years. A pump that might attract even bankers who will prolong the pump to one we have never seen before and it makes all of us ultra rich.

I beg you guys - do not sell too early - prefertably never ever, just buy and hodl.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
July 10, 2016, 01:06:07 PM
#45
I predict that on the day of the halving in 2020 the bitcoin price will be $1666.

Come on... why so conservative?
My prediction is between 5 and 10 ten times that. So:

$8,330 < BTC < $16,660
Creation: $0 Cheesy
First halving: $12, right?
Second halving: $650 (give or take)
I see exponential growth! And I have no idea what it will be in 4 years, it could be a factor 50 higher ($30k), or down to a few dollars. I'll put my money on higher, and I mean that literally!
legendary
Activity: 938
Merit: 1000
July 10, 2016, 01:04:54 PM
#44
After seeing what happened in this halving, I think that it is useless make predictions for that so distant event.

I predicted $660 at the halving back in 2014.

https://bitcointalksearch.org/topic/bitcoin-long-term-linear-trend-804059

Well done! You did a very effective analysis and that explain what happened,most of us believed that BTC price could only be exponential most of the time instead of consider it as linear price rise.
newbie
Activity: 58
Merit: 0
July 10, 2016, 01:02:16 PM
#43
According to speculation the price will increase at 150k value because many countries will be the same as brazil.
Brazil is one of the good example how bitcoin will work locally using bitcoin 150 stores are accepting bitcoin as payment such as startbucks coffee or other stores..
legendary
Activity: 1358
Merit: 1016
July 10, 2016, 01:00:54 PM
#42
My prediction between $2k-$3k.

Funny how when we were stuck at 400-450 range everyone thought 600-800 was a stupid guess and now we are in that range everyone thinks it'll stay between 600-900 range and any higher is dreaming.

Even $10k is low if this thing really takes off. Things can move massively and very quickly so don't be caught out and left behind.

I have my ticket for 2020 and that's all I care about.
hero member
Activity: 994
Merit: 502
July 10, 2016, 12:59:13 PM
#41
i would predict the price to go up significantly as a lot of people will be buying their bitcoins but anything can happen so i dont know what to think about it to be honest, my prediction 10 thousand dollars
Honestyly its very high value for bitcoin after 2020 but we dont know what will happen in the future. but for me i will stay at the price of 700-900 value this is i think will be happen after 4 years..
We can't even predict for this halving. 2020 is 4 years ahead sure can't predict it, i think it can be high during that period.
legendary
Activity: 3332
Merit: 1191
July 10, 2016, 12:58:59 PM
#40
We still didn't see effects of this halving, and it looks lime many of us here eas wrong. Almost everyone expected higher then 800 $ this time, but looks lime price is stabilized around 650 $.

I think its hard to predict price 4 years from now, if we see more then 1500 $ i think that would be good, I don't know how much people expect btc to tise, where is the limit of your predictions. Crazy and fast rise is not for kong run, its better to have steady rise over the years in my opinion.
legendary
Activity: 1288
Merit: 1087
July 10, 2016, 12:53:11 PM
#39

Honestyly its very high value for bitcoin after 2020 but we dont know what will happen in the future. but for me i will stay at the price of 700-900 value this is i think will be happen after 4 years..

it was between 700 and 900 a few weeks ago. that's in the past and four years early. are you trapped in some type of temporal loop?
legendary
Activity: 1638
Merit: 1046
July 10, 2016, 12:42:35 PM
#38
i would predict the price to go up significantly as a lot of people will be buying their bitcoins but anything can happen so i dont know what to think about it to be honest, my prediction 10 thousand dollars
Honestyly its very high value for bitcoin after 2020 but we dont know what will happen in the future. but for me i will stay at the price of 700-900 value this is i think will be happen after 4 years..
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
July 10, 2016, 12:21:35 PM
#37
Let's say between $2000 to $10000, depends on adoption rate and hype though.
Maybe you should make a pool instead to get more data Roll Eyes
legendary
Activity: 1288
Merit: 1087
July 10, 2016, 12:27:07 PM
#37

Once the price has been stagnant for a while, smart money starts to move in and the price rises around 5000-7000 usd and then some early gamblers will enter, also a bankers and Wall Street might buy in and if that happens, the price of bitcoin will for sure go to 1000 000 usd/btc.


i like your big sky thinking but it don't feel that simple to me. people were saying the same in 2013/2014 by the looks of things and they ended up having a bad time.

we need to wipe out the current breed of manipulators to step on up. the only thing that'll do that is more buyers. let's see if there's a compelling reason for them to show up.
sr. member
Activity: 394
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
July 10, 2016, 12:03:59 PM
#36
i would predict the price to go up significantly as a lot of people will be buying their bitcoins but anything can happen so i dont know what to think about it to be honest, my prediction 10 thousand dollars
legendary
Activity: 1092
Merit: 1000
July 10, 2016, 11:48:17 AM
#35

Not all the bitcoins are for sale at any price.
If you go to the bitcoin exchanges, only a fraction of current money supply is for sale there (both in asks and in selling reserves). The majority of bitcoins are held in cold storages "for ever".


sure, but a $100,000 price would certainly tempt some lost coins out of the ether. i guess it would depend on the nature of the rise. if it looked like it was sticking around then sellers would sit back and do nothing. if it was a parabola then the fall would be brutal and swift.

0 to 1-10 billion market cap can happen without alot of people or money and can happen over and over again.
 
to get into the trillions, even when it's just market cap, that's a once in a bunch of generations deal and will not happen in a couple of years. maybe bitcoin is it. we'll see.

Each time the price rises the coins of weak hands will get redistributed to fresh hands who get only smaller portion of coins and they are dreaming of becoming a millionaire one day. Therefore their target is higher price and they will not sell before their target has been met which works as self-fulfilling prophecy.
Price will not shoot to 100 000 usd overnight. It takes around 24 months (in my speculation). Basically, what it requires is that it rises to 10 000 within upcoming 12 months, and from 10k to 100 000 within the next period of 12 months. Judging the past behavior of bitcoin it is not impossibility. 24 months is after all relatively long time in crypto and a lot can happen. Basically I think this block halving is even more serious than the one in 2012 because now the annual inflation rate approaches the inflation rate of fiat money. I think the bankers will get interested in bitcoin if it hits 100 000 usd and that also can mean they start a bidding war of the coins. The bidding war will take bitcoin to another new level, and there is a possibility the Central banks will start accumulate bitcoins as well in the same manner they are accumulating gold bullion.

You seem to think rises take place in a vacuum. For something that big it takes millions and millions of real people putting their real money in.

A 0-10 billion rise only needs a few tens of thousands. I can't see any sign of millions of new people all pumping at once on the horizon.

No I don't think it is a vacuum. Even now the price is hoovering between 610 and 690 for some days, and that's not a vacuum. There are real buyers and real sellers. However, I think 1000 usd was unsustainable 2013 because of inflation which generated 3600 new coins each day (around 10 % pa back  then). I think you did not read my message carefully enough.  Wink

It is FOMO that makes these extreme highs with btc. First the price of bitcoin rises slowly and steadily to 3000 usd, then some early gamblers buy in and tell others also to buy which pushes the price to 10 000 usd. After that there is a crash to 1000-2000 usd and then stability over there for a while. Once the price has been stagnant for a while, smart money starts to move in and the price rises around 5000-7000 usd and then some early gamblers will enter, also a bankers and Wall Street might buy in and if that happens, the price of bitcoin will for sure go to 1000 000 usd/btc.
legendary
Activity: 1288
Merit: 1087
July 10, 2016, 11:31:01 AM
#34

Bitcoin is not a hedge fund for the price going to 1k, That's just not going to happen.


then if you have some money invested why are you leaving it in bitcoin? it could go to zero tomorrow. if it takes nearly 4 years to make a double digit return considering the risks involved then i don't class that as anything like a worthwhile investment.

if those were the returns i was hoping for it would tell me i've lost touch with reality. i could do better with a fraction of the possibility of losing it all.
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