Question of the day: What is your price prediction for bitcoin ?

WinslowIII

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Activity: 308

Merit: 35

Quote from: bitcoin-shark on July 12, 2019, 03:38:38 PM

obviously there are no scientific bases but my forecast is this by the end of the year bitcoin will reach up to 30k $ to go down next year up to 9k $ and in the middle of the next year a bear market phase will start again...

Yeah, that's it. Reduce supply of an asset and it's price crashes, this is really solid economic theory. YOU'RE A FUCKING GENIOUS!

kingcolex

sr. member

Activity: 254

Merit: 1258

$100k by this november? Far too agressive, we'll be lucky to hit ATH by then due to all this slow down (which is healthy, too much parabolic climbing isn't good long term)

xSkylarx

hero member

Activity: 2352

Merit: 594

My guess is it will reach new ATH this year. We've already recovered last year's bear market where it crashed hard and bitcoin's price was below $4k. Now we are slowly climbing up and been stable above $10k for some weeks. Maybe before november or december we'll achieve a new ATH.

deadsilent

hero member

Activity: 1148

Merit: 500

What's the basis for that prediction?
My prediction depends on news trend. Like this one : https://bitcoinist.com/bitpoint-hack-japan-still-most-affected-by-crypto-heists/
I think we back again to 10k and bounce back again to reach a new heights. Maybe 14k-15k for this month. This kind of news affects dominance of Bitcoin and its investors. By the end of the year, I think we reach 19k-23k.

bitcoin-shark

hero member

Activity: 2898

Merit: 605

obviously there are no scientific bases but my forecast is this by the end of the year bitcoin will reach up to 30k $ to go down next year up to 9k $ and in the middle of the next year a bear market phase will start again...

Bitcoinqubit

jr. member

Activity: 56

Merit: 5

Quote from: Upgrade00 on July 12, 2019, 03:23:39 PM

In my opinion, Bitcoin has no cap on it's worth and it has the potential to reach very high values over the coming years, but the price is supported by market dynamics; demand and supply. So any increase has to be reasonable and actually possible.
A jump to $100,000 within 4¹/² months is not reasonable at this time.

nice answer compare to others

Bitcoinqubit

jr. member

Activity: 56

Merit: 5

Quote from: Slow death on July 12, 2019, 03:05:07 PM

Quote from: Bikramjit0007 on July 12, 2019, 10:49:27 AM

I am pretty sure that Bitcoin will arrive 100k by the end of November and then crash again around 20-30k by February. Next Bull run to 1M.

even if the bitcoin price increased $ 10,000 each month, its forecast would be impossible.

Look:

August would reach $20,000 (something impossible)

September would reach $30,000 (something impossible)

October would reach $40,000 (something impossible)

November would reach $50,000 (something impossible)

As you can see, it's impossible to hit your prediction.

Quote from: Bikramjit0007 on July 12, 2019, 10:49:27 AM

Anthony Pompliano expects it to hit $100,000 by the end of 2021

another impossible prediction

truly in this industry anything can happen and happened,

1. what move markets movement(price coin) is selling/ buying rate

which mean bitcoin selling price soon will fall because dumb people sell them and smart hold them forever which all this lead slowly that *all the coins in the end get to real holders rather then traders and other dumb people which sell them for low profit, -- when selling rate fall its surge the price of the coin to the moon without even demand grew!

2. soon -- Bitcoin halving reduces the amount of bitcoin rewarded by half to bitcoin miners who discover a new bitcoin block. which will affect on the price heavily because less coins will enter the space.

3. few startups going to help us to buy everything with crypto they alm0st ready which will lead the selling rate fall* drastically and people will stop to convert crypto to paper money in order to buy whatever they want in this process will also surge the price to the moon without even demand grew,

4. soon also demand will explode for crypto -- why?? figure out yourself the answer is between the lines.

Upgrade00

legendary

Activity: 2030

Merit: 2174

Professional Community manager

In my opinion, Bitcoin has no cap on it's worth and it has the potential to reach very high values over the coming years, but the price is supported by market dynamics; demand and supply. So any increase has to be reasonable and actually possible.
A jump to $100,000 within 4¹/² months is not reasonable at this time.

Slow death

legendary

Activity: 3038

Merit: 1100

Leading Crypto Sports Betting & Casino Platform

Quote from: Bikramjit0007 on July 12, 2019, 10:49:27 AM

I am pretty sure that Bitcoin will arrive 100k by the end of November and then crash again around 20-30k by February. Next Bull run to 1M.

even if the bitcoin price increased $ 10,000 each month, its forecast would be impossible.

Look:

August would reach $20,000 (something impossible)

September would reach $30,000 (something impossible)

October would reach $40,000 (something impossible)

November would reach $50,000 (something impossible)

As you can see, it's impossible to hit your prediction.

Quote from: Bikramjit0007 on July 12, 2019, 10:49:27 AM

Anthony Pompliano expects it to hit $100,000 by the end of 2021

another impossible prediction

kingpin4321

member

Activity: 280

Merit: 14

Isn't your prediction of $100k irrational and just out of point there is no way in earth bitcoin can level up to that by November of this year. My prediction of bitcoin this year would be let us say $25k by December time

pawanjain

hero member

Activity: 2702

Merit: 716

Nothing lasts forever

Honestly speaking, I have never heard of Anthony Pompliano before and I am sure many of us would have also not heard of him.
Predictions in crypto doesn't make any sense unless they are done based on technical, fundamental and psychological analysis.
To be honest, it's really hard to predict prices in crypto and is rarely accurate. To me, it's just like guessing numbers.

Rufsilf

sr. member

Activity: 1722

Merit: 309

Quote from: mk4 on July 12, 2019, 11:24:33 AM

I predict Bitcoin to be $1,000,000 in August.

Exactly. Pointless, right? Because there's no way for me to guess the future price; and worse, I didn't even state any reason why I think that. Just like 99% of any other price prediction, ever.

Exactly, it seems that he is only guessing without basis or maybe he is trying to survey the people in the forum what they think will be the price of bitcoin in the coming days or months. But if i'm to predict, I really don't know, the price is very unstable but I think it still to far to reach $100k but who knows, we just have to wait and see.

Bitcoinqubit

jr. member

Activity: 56

Merit: 5

Quote from: Bikramjit0007 on July 12, 2019, 10:49:27 AM

I am pretty sure that Bitcoin will arrive 100k by the end of November and then crash again around 20-30k by February. Next Bull run to 1M.

Anthony Pompliano expects it to hit $100,000 by the end of 2021 - https://offthechain.substack.com/p/bitcoin-is-likely-to-hit-100000-by

be aware to listen to any experts out there because they really not experts , and the real experts is far away from be popular and love the privacy for sure...

what affect market movements is selling and buying rate and nothing more, which mean if there is new startup that come and help to the bitcoin accepeted in alot of place its will lead to lower selling rate of bitcoins which surge the price per coin and this is how top inverstors think , analyzer ....its just one example

all the others describe you the elephant very different from how he actually : just example what going on the main web

rdluffy

legendary

Activity: 2226

Merit: 1304

We are in a very good trend, but for me it's very hard to hit such prices
I believe in a ATH this year, but something like 20 to 25k, I don't expect to reach more than 50k, you need a lot of factors not only analyze a chart

Alphabit

jr. member

Activity: 54

Merit: 1

Quote from: BitcoinGirl.Club on July 12, 2019, 11:03:55 AM

If you are not trolling and serious about bitcoin's price movement then I would like you to be an active member in the Wall Observer topic. Here: https://bitcointalksearch.org/topic/wall-observer-btcusd-bitcoin-price-movement-tracking-discussion-178336

Will check this out seems like that's were I need to be.

Thanks.....

DoublerHunter

hero member

Activity: 2590

Merit: 644

We even don't know who is that writer of that article. There's a bunch of people claiming that they are good in prediction but the fact is total nonsense because we don't even saw there a technical or fundamental analysis which gives an accurate prediction. Bitcoin price is unpredictable and they should know them or the better they want exposure.
I agree with them, that is pointless, nonsense and baseless prediction.

mk4

legendary

Activity: 2786

Merit: 3845

Paldo.io 🤖

I predict Bitcoin to be $1,000,000 in August.

Exactly. Pointless, right? Because there's no way for me to guess the future price; and worse, I didn't even state any reason why I think that. Just like 99% of any other price prediction, ever.

Little Mouse

legendary

Activity: 2072

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Marketing Campaign Manager |Telegram ID- @LT_Mouse

Quote from: BitcoinGirl.Club on July 12, 2019, 11:03:55 AM

If you are not trolling and serious about bitcoin's price movement then I would like you to be an active member in the Wall Observer topic. Here: https://bitcointalksearch.org/topic/wall-observer-btcusd-bitcoin-price-movement-tracking-discussion-178336

His prediction has no support. He has not provided any data related to his prediction. I think he is either trolling or he is a newbie.
OP, I don't think bitcoin will reach $100k within next 2-3 years because not much people know about it.

BitcoinGirl.Club

legendary

Activity: 2800

Merit: 2736

Farewell LEO: o_e_l_e_o

If you are not trolling and serious about bitcoin's price movement then I would like you to be an active member in the Wall Observer topic. Here: https://bitcointalksearch.org/topic/wall-observer-btcusd-bitcoin-price-movement-tracking-discussion-178336

Daniel91

legendary

Activity: 3374

Merit: 1824

Quote from: Bikramjit0007 on July 12, 2019, 10:49:27 AM

I am pretty sure that Bitcoin will arrive 100k by the end of November and then crash again around 20-30k by February. Next Bull run to 1M.

Do you have any technical and fundamental analysis for such an assessment?
If not, than this is just your wish or prediction but not based on the real facts.
I predict and wish the slow growth of Bitcoin values by the end of the year which is much more sustainable than the sharp price changes in the market.
I don't think that btc price will reach 100k in next 2-3 years.

Topic: Question of the day: What is your price prediction for bitcoin ? (Read 525 times)