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Topic: Report: Bitcoin to $25,000 by 2022 - page 6. (Read 2880 times)

hero member
Activity: 2408
Merit: 584
November 01, 2017, 12:06:35 PM
That would be interesting if that happens. It would actually be five times higher than its value today. I think this prediction is over optimistic without considering the other competition with regards to cryptocurrency ecosystem.
If we talk realistically, then this thing is nearly impossible. Yet you never know what will happen in the future as future is unpredictable. This is really a difficult thing to see and that too in such a short period of time. Market price of bitcoin will for sure increase very much by the end of 2022 but saying this that it will reach up to 25000$ is something nearly impossible and hard to see.
For me it is not impossible because the bitcoin is the best thing to invest and to buy for the profit if it is giving the profit for all the people. Bitcoin is the different currency to hold and to get the profit because all the people are now begin in the bitcoin and they will buy the bitcoin and the income of the bitcoin will be more than this, the bitcoin price will be more than $25000 in the coming years.
hero member
Activity: 532
Merit: 500
November 01, 2017, 11:03:07 AM
I'm a bit frightened by the all consuming optimism of many of the people here. The model is interesting, but does it scale? There are a lot of models that are only accurate at smaller scales, and then drift off into nowhere. Bitcoin has reached big numbers now, but how will the model hold at 500B value? Anyways, I hope you all don't get your hopes up too much. At least do some more research and develop some reasons for why you think 25k is a reasonable price for bitcoin.
This is a good point, and something that concerns me, as well. The prevailing sentiment around here seems to be that you can't go wrong by buying bitcoin at any price level, which of course has held so far.  But yes, at some point, the price can't keep scaling.  Personally, while I've been skeptical of the price increase and optimism this year, such optimism mostly seems to be the sentiment of those in the bitcoin community.  There's still plenty of skepticism by large financial institutions and governments, which means there's still potential for more growth.
newbie
Activity: 34
Merit: 0
October 31, 2017, 01:58:06 PM
The OP's ideal looks crazy but i think it's can be real in the future. When everybody is chasing for bitcoin and the amount of Bitcoin is limited which is less day by day . So It's easy to understand why price of Bitcoin raising insane in the future.
full member
Activity: 238
Merit: 100
Medichain: The Medical Big-Data Platform
October 31, 2017, 01:55:28 PM
I'm a bit frightened by the all consuming optimism of many of the people here. The model is interesting, but does it scale? There are a lot of models that are only accurate at smaller scales, and then drift off into nowhere. Bitcoin has reached big numbers now, but how will the model hold at 500B value? Anyways, I hope you all don't get your hopes up too much. At least do some more research and develop some reasons for why you think 25k is a reasonable price for bitcoin.
hero member
Activity: 3038
Merit: 634
October 31, 2017, 01:38:52 PM
Just imagine that really happens,  what a wonderful life. We can be a very rich man if we own bitcoin in 2022. Additionally, if the report informs the fact,  then we can keep bitcoins since today and sell them in 2022. I wish that happens as soon as possible.
Even I hold 1 bitcoin and wait for that moment that's really something going to help me with my finances. I've got some businesses to deal with but with bitcoin waiting for this day that will be the greatest day of my life.

Since I can't earn that much with the other businesses that I established for a short amount of time and think of it that I have to focus and monitor them from time to time.

But with bitcoin, you'll just going to it this way buy and forget it until the price reaches on this rate.
full member
Activity: 193
Merit: 100
October 31, 2017, 12:34:35 PM
Just imagine that really happens,  what a wonderful life. We can be a very rich man if we own bitcoin in 2022. Additionally, if the report informs the fact,  then we can keep bitcoins since today and sell them in 2022. I wish that happens as soon as possible.
hero member
Activity: 966
Merit: 517
October 31, 2017, 03:33:10 AM
That would be interesting if that happens. It would actually be five times higher than its value today. I think this prediction is over optimistic without considering the other competition with regards to cryptocurrency ecosystem.
If we talk realistically, then this thing is nearly impossible. Yet you never know what will happen in the future as future is unpredictable. This is really a difficult thing to see and that too in such a short period of time. Market price of bitcoin will for sure increase very much by the end of 2022 but saying this that it will reach up to 25000$ is something nearly impossible and hard to see.
Indeed we don’t know anything about future but I don’t think so it is that hard for bitcoin to achieve this value. The way bitcoin is becoming popular day by day and increasing in prices continuously, there are maximum chances that bitcoin is going at least reach 20,000 dollars after five years. It depends on the market of the bitcoin and if customers increase drastically, it may reach 25,000 dollars as well.
sr. member
Activity: 1498
Merit: 251
KUWA.ai
October 31, 2017, 03:06:17 AM
This sounds very good but this date is light years from now and till then we will witness many speculations and manipulations of price. Fud will be better organized, hatters will find new arguments. I'm only not sure if this is going to be a spike or steady nice growth. Now prices changes 300$ daily, when reaches 10k we could see 1000$ daily changing of a price. This will open whole new possibilities for large investors.  Wink
You have made a very good point here. According to me, we are going to see more spikes at least until all the bitcoin are mined out or bought by investors. In the coming years, the demand will be really high and at that time the overall supply would be even less than the present one which will definitely be the reason behind the rate that you told here. Bitcoin will touch this target of 25k dollars within next five years for sure.
That actually depends, if the demands increase, bitcoin must overcome scaling issues aswell, the transaction might even double or triple to what bitcoin has now currently.
With this sluggish speed of confirmation, I actually don't expect that much.
Just hoping that in the upcoming years, atleast, something usefull will be added to bitcoin system, and blockchain have found the solution to its scaling problem.
sr. member
Activity: 770
Merit: 268
October 31, 2017, 02:39:15 AM
#99
Now, as for the future valuation, Tom Lee, Managing Partner of Fundstrat, put a $25,000 price target for Bitcoin by 2022 in a note to clients published earlier this year. However, and this is important, this view is predicated on cryptocurrencies displacing gold in portfolios with Bitcoin serving a “digital store of value.”

Why do cryptos have to displace gold for this to happen?  What if some really big investors/institutions (e.g., banks, hedge funds, etc.) get involved and start buying?  Tens or hundreds of millions of dollars of direct investment could take us a long way given the limited supply of bitcoins and how much people are hoarding them.
It is already happening with the bitcoin. At this stage bitcoin is new blooming market for the hedge fund and banks. As far hedge funds are concerned most famous are:
* Winklevoss ( this actually helped bitcoin price from 800 dollars to 1300 dollars last year)
* Bitcoin Investment Trust
* Global Advisors GABI fund
* Polychain
etc etc.

Leading investor from hedge fund Bill Miller has 30% investment in the bitcoin. And with the result obtained so far this will result in getting more and more amount from the investment portfolio in the bitcoin over the year.  Then there are other investor who will board the train on bitcoin investment. There being no restrictions on the bitcoin trade anything could happen that is drastic rise and drastic drop is bound to happen.
legendary
Activity: 1834
Merit: 1008
October 31, 2017, 12:09:56 AM
#98
This prediction may seem to be optimistic,but if we analyze the previous rise in bitcoin price from just $650 to $5,700 now,it also seems realistic figure to be achieved by 2022.Five years more and each year,if bitcoin price just doubles,then even $25,000 price could be achieved,

What would make it a little bit difficult is that frequent hard forks which would be occur in future.But One thing is for sure that bitcoin is going to change fortunes of many people through out the world.

Yes, this prediction is somehow true but we can't really predict the future for this outcome. How can it be possible that bitcoin, that no one can control can achieve that huge limit? If we think hard, it can't be possible to happen but the reality is there. So yes, I will believe on bitcoin that the prediction is coming true
hero member
Activity: 1190
Merit: 534
October 30, 2017, 11:17:38 AM
#97
It is definitely possible to touch that figure even much before 2022 if we could maintain the growth rate but as we know, such massive growth always carries a huge correction with it, I think realistically it would touch $25K around 2022 organically and float in the range of anything between $25K $35K. Yes, it is extremely difficult and irrational to predict something about Bitcoin post 5 years but we can always use the current trend to forecast the future possibilities of it.
hero member
Activity: 910
Merit: 501
October 30, 2017, 10:53:06 AM
#96
There are so many bitcoin predictions around.
They go from zero to a few hunder thousand dollars. And nearly all claim to have some mathematical background.
Personally I do not believe any of them. I do not think it is possible to include all variables into those equasions. Nobody can tell what fork or hack will occure next year.
In the end only time will tellwhere we are heading.
hero member
Activity: 532
Merit: 500
October 30, 2017, 10:34:11 AM
#95
This prediction may seem to be optimistic,but if we analyze the previous rise in bitcoin price from just $650 to $5,700 now,it also seems realistic figure to be achieved by 2022.Five years more and each year,if bitcoin price just doubles,then even $25,000 price could be achieved,

What would make it a little bit difficult is that frequent hard forks which would be occur in future.But One thing is for sure that bitcoin is going to change fortunes of many people through out the world.

I agree that there has been a troubling trend recently in the number of hard forks that are being done to create extra coins.  However, my guess is that most of them will end up being more or less dismissed as bitcoins cash and gold have been.  Forks like the upcoming segwit2x certainly have more potential to cause problems, but those obviously don't occur nearly as often.
sr. member
Activity: 756
Merit: 253
October 30, 2017, 07:49:43 AM
#94
This prediction may seem to be optimistic,but if we analyze the previous rise in bitcoin price from just $650 to $5,700 now,it also seems realistic figure to be achieved by 2022.Five years more and each year,if bitcoin price just doubles,then even $25,000 price could be achieved,

What would make it a little bit difficult is that frequent hard forks which would be occur in future.But One thing is for sure that bitcoin is going to change fortunes of many people through out the world.

Just too good to be true, we all want the best for bitcoin but we shouldn't over exaggerate its potentials so that we don't get carried away and invest blindly because many may be disappointed if they find out that bitcoin is unable to reach that value by 2022.
full member
Activity: 280
Merit: 107
October 30, 2017, 05:04:15 AM
#93
Nobody would have thought 2 years ago, that BTC would be over $6k now! So yes, I'm sure that it's possible!

but will it happen?? We'll see ;-)
sr. member
Activity: 392
Merit: 250
October 30, 2017, 04:30:30 AM
#92
This prediction may seem to be optimistic,but if we analyze the previous rise in bitcoin price from just $650 to $5,700 now,it also seems realistic figure to be achieved by 2022.Five years more and each year,if bitcoin price just doubles,then even $25,000 price could be achieved,

What would make it a little bit difficult is that frequent hard forks which would be occur in future.But One thing is for sure that bitcoin is going to change fortunes of many people through out the world.
full member
Activity: 659
Merit: 101
October 30, 2017, 03:37:16 AM
#91
This sounds very good but this date is light years from now and till then we will witness many speculations and manipulations of price. Fud will be better organized, hatters will find new arguments. I'm only not sure if this is going to be a spike or steady nice growth. Now prices changes 300$ daily, when reaches 10k we could see 1000$ daily changing of a price. This will open whole new possibilities for large investors.  Wink
It is all about the determination and the value of the bitcoin because now all the people the people are aware of the bitcoin, the income of the bitcoin is the best thing and it is about to hold and the organization of the bitcoin will give you the hollow price, it is the time for the bitcoin and the value of the bitcoin will get more organized if the high level people will buy the bitcoin and will hold it till the growth end.
If we look at the graph of market price of bitcoin since the time it was introduced, then we’ll notice this thing that the market price of bitcoin has increased significantly. Even then, it is not at all possible for bitcoin to reach up to this much limit and that in such a short span of time. We can experience a huge increase in the market price of bitcoin but even then it cannot have this much of market value.
full member
Activity: 364
Merit: 100
October 30, 2017, 02:45:15 AM
#90
First, a word of warning: I think the valuation is overly optimistic, in the extreme, and I would take it with a grain of salt. May very well be a small analytics firm looking to grab some attention by making a splashy claim. That said, the report was published to the firm's paying clients, so their own credibility is on the line.

The company making the prediction is FundStrat, which describes itself as:

Quote
We are an independent research boutique, providing market strategy and sector research. Our differentiated approach is based on what we call fundamental strategy. That is, our research process combines both top-down strategy and bottoms-up fundamental views, to develop a roadmap of practical and useful investment insights for our clients.

According to FundStrat, Bitcoin is following Metcalfe’s Law, which essentially sketches out the value of a network based on how many users it has.

“If you modeled something as simple as square the number of users plus transaction value, it’s explained 94% of [Bitcoin’s price appreciation] this year,” Lee said.



Now, as for the future valuation, Tom Lee, Managing Partner of Fundstrat, put a $25,000 price target for Bitcoin by 2022 in a note to clients published earlier this year. However, and this is important, this view is predicated on cryptocurrencies displacing gold in portfolios with Bitcoin serving a “digital store of value.”

Presently, I don't see that happening. I think people using crypto as a long term store of value are taking on immense risk, and I don't see something as volatile as crypto displacing gold, which is historically a hedge against inflation and therefore done out of safety. Bitcoin is pure risk.

A $25,000 price is fun to think about, even though I don't believe it's in the cards.

hopefully this can be a reality if bitcoin can reach $ 25,000 then the development of digital currency is better and can beat assets such as gold or silver, I can not wait to enjoy the increase in bitcoin prices.
sr. member
Activity: 1778
Merit: 309
October 30, 2017, 02:42:12 AM
#89
I think that the price of $25,000 by 2022 is so close to happen even before 2022 because the market of bitcoin is getting more active than before and the people around the world are now investing in bitcoin because they already notice the huge pump in the price and because of the huge growth of bitcoin which is very attractive for an investor.
sr. member
Activity: 774
Merit: 250
October 30, 2017, 02:30:36 AM
#88
From my point of view it would be very hard to see bitcoin price at only $25k by 2022. I mean guys..there are 4 years and a bit until '22. BTC price raised by 6x-7x only this year! What will happen in 4 years?? Nobody knows..but from the historical charts I see it at over $100,000.
There are many speculations about bitcoin to happen for the upcoming years. These days bitcoin price is increasing its soaring high. Im glad if that would happen by 2022, because we couldnt actually tell yet the actual price of bitcoin.
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