Report: Bitcoin to $25,000 by 2022 - page 8.

iamMhew

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Quote from: Sithara007 on October 28, 2017, 03:02:02 AM

25K may be reached by 2020 (or even sooner). I am saying this because till now Bitcoin has over-performed on most of its predictions. A few months back, hardly anyone thought that BTC would breach the $5,000 per coin level. Many of the experts were saying that it will be achieved by 2020. But we have even breached the 6K mark now.

true! prediction of the price by the year 2020 will always changing at the moment pass by, and i also think that this price which is $25k per bitcoin is sooner to achieve, because of its unstoppable demand and price hike in the market. imagine that the experts before, are trying hard to predict the price of this bitcoin for many years to reach that price prediction, but its happen early than they predict. so $25k in the year 2020 is soon to happen before that year mentioned (2020).

liuqi

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Quote from: Bestpromoter on October 28, 2017, 04:02:43 AM

full of promising, well bitcoin in 2022 , 25 000$ is good and better to the holders of it

it is possible right, many people are not expected that the bitcoin crypto will be in this stage and the price of it is like huge, it can happen but i am not guarantee it.

You will not be sure that this value is achievable in the 2022 because sathoshi nakamoto speculates the bitcoin value to be touch 10k usd in 2025 but this is huge value expectation than satoshi thinks. If that happens even I am also really happy with the bitcoin in my wallet since the value will reached to peak value again.

Bestpromoter

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full of promising, well bitcoin in 2022 , 25 000$ is good and better to the holders of it

it is possible right, many people are not expected that the bitcoin crypto will be in this stage and the price of it is like huge, it can happen but i am not guarantee it.

jaaeeeyyyy

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I see lots of prediction about the bitcoin possible value through years but reaching $25000 would not be probable i guess. I think the government in all country would not likely that to happen specially those 1st world country. I think, yes , that it could reach $25000 but not on year 2022 , it's to early for bitcoin to reach $25000 by that year.BUT , if it happens i would be glad and work harder for that.

appleffi

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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.

Sithara007

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25K may be reached by 2020 (or even sooner). I am saying this because till now Bitcoin has over-performed on most of its predictions. A few months back, hardly anyone thought that BTC would breach the $5,000 per coin level. Many of the experts were saying that it will be achieved by 2020. But we have even breached the 6K mark now.

bonghip

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Quote from: jaysabi on October 26, 2017, 05:13:33 PM

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.

I would like that too. Looking at the overall trend and impact of Bitcoin, this is possible. However, we can not be sure that it will happen. I hope more sec people invest in Bitcoin as well as countries around the world accept its existence.
$ 25,000 need amount of long time to get Bitcoin.

fireballsnake

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Quote from: miyaka26 on October 28, 2017, 01:20:48 AM

Even John Mcafee make a bet that it will reach $500k in just 3 years if not he will eat himself on the national TV based on his statements. But this is the most accurate prediction for the price of btc to land in $25k in 2022 due to its demand and trend worldwide, we must buy btc before it's too late again because the price will surely increase to 100%-200% in just a matter of months or years.

That's why they will not let him get up like this, imagine how many people then want to sell it and that there will be a correctly unpredictable collapse. People will not become millionaires, do not fly in illusions.

miyaka26

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Even John Mcafee make a bet that it will reach $500k in just 3 years if not he will eat himself on the national TV based on his statements. But this is the most accurate prediction for the price of btc to land in $25k in 2022 due to its demand and trend worldwide, we must buy btc before it's too late again because the price will surely increase to 100%-200% in just a matter of months or years.

Chanock

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Sound's good!
Yes many studies and prediction now that bitcoin increase it's value to 25,000 USD within 5 years. Base on the news and the statement of strategist Tom Lee said that he sees bitcoin surging another 600% in 5 years. He also predict that the value of bit will bubble to 25,000 USD in 2022.

GetOutOfMyLife

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Quote from: Shishir99 on October 27, 2017, 08:44:24 PM

How can you say it is impossible.
It is very much possible.
Mining reward is going to decrease.
If you consider the growth rate of bitcoin it may go higher than 25000$.
See bitcoin was around 1000$ in 2017 now it touched 6000$.
That means it went 6x.
And the demand is incredibly increasing day by day.

But i think Bitcoin now is really on bubble scale. We cant say what will happend at future, but as my opinion, bitcoin price increasing more and more then stop when they hit $10.000. Why? Because the BTC real value is not over $10.000( Included in mining fee) and speculators will kick them down Cheesy

Shishir99

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Quote from: masterchief001 on October 27, 2017, 08:30:27 PM

Quote from: jaysabi on October 26, 2017, 05:13:33 PM

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.

It is crazy to say that the bitcoin will reach $ 25,000 by 2022. It is impossible. First, we should consider its viability. How long can a bitcoin last? We are in a bitcoin bubble, and when will it explode? It's hard to talk about it.

How can you say it is impossible.
It is very much possible.
Mining reward is going to decrease.
If you consider the growth rate of bitcoin it may go higher than 25000$.
See bitcoin was around 1000$ in 2017 now it touched 6000$.
That means it went 6x.
And the demand is incredibly increasing day by day.

hurain

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Quote from: onrise on October 27, 2017, 08:19:46 AM

Hope so this all prediction in coming years become true and help the investors who had invested their hard earned money with the anticipation that some day it will sky rocket with this price. Due to this we have hard fork happening and those coins which are created are not having much value as people mostly going for investing in btc itself.

That is right anything can happen, and i think that if we view the increasing number of bitcoin users, i am sure that bitcoin can cross that level very easily, no doubt about it. i think that very soon bitcoin price is going to hit 8000$ and then after 5 years that is not looking such a big task for the price of bitcoin. As it will depend on the interest of the people and i think people are currently too much interested in bitcoin and want to invest more and more money in bitcoin.

masterchief001

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Quote from: jaysabi on October 26, 2017, 05:13:33 PM

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.

It is crazy to say that the bitcoin will reach $ 25,000 by 2022. It is impossible. First, we should consider its viability. How long can a bitcoin last? We are in a bitcoin bubble, and when will it explode? It's hard to talk about it.

honeyb0y

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Hope to reach this price by that time. But I think this is possible but we don't know when will it be.

_Dawid_

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Bitcoin for 25 000$ by 2022 is quiet possible in my opinion. Lately dimon said that Bitcoin will cos even 100 000$ (i think he was not joking).
So the 25 000$ is really possible. We have currently 6 000$ so stay tuned.

mace15

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Quote from: greeklogos on October 27, 2017, 02:21:39 PM

The five times raise in five years I think it is really possible if bitcoin will continue with same temps. The demand for crypto is growing, especially to bitcoin. It's short amount and high demand will let it to go very high.

There are many prediction of bitcoin price in the upcoming years. But lets take a note into consideration that this might gonna happen on year 2022. Im positive it will as long there is a continuous demand in bitcoin it might happen.

jaysabi

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Quote from: wantjokull on October 27, 2017, 03:13:35 AM

Metcalfe’s Law : if this law is true then I’m donating this guy 100 BTC,

I mean you put forth everything based on the maths perspective and there seems bigger chances of bitcoin going to that much heights. But there is also very little glitch in this journey that no one can predict. What if there are sudden drops in user base due to legal authorities pressure or may be because of no more trust on bitcoin due to legal restriction on its use. We saw what happen after china ban, we saw the downward movement too. So though I believe in your speculation completely but there is always little downside to everything. Now we have to watch what happens with that one.

For sure this is something to consider, but it wouldn't prove Metcalfe's Law wrong. The premise is that even taking into account attrition of the user base, there is such a significantly small portion of people using bitcoin out of the total potential that the user base is likely to continue to see rapid growth that will more than make up for any losses due to government actions.

Take it with a grain of salt though. First, you have to accept that bitcoin is not merely correlated with Metcalfe's Law, but the price rise is caused by it, and then further accept that the user base and the price will continue to grow. As I said earlier, I find the Metcalfe aspect interesting, but even given that, I doubt the ultimate conclusion of a $25,000 bitcoin. (I also thought $5,000 was impossible, so do with that what you will.)

greeklogos

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The five times raise in five years I think it is really possible if bitcoin will continue with same temps. The demand for crypto is growing, especially to bitcoin. It's short amount and high demand will let it to go very high.

krisnt80

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I do understand people projection is taking into consideration bitcoin halving wich can make bitcoin price to hit the 10000 if not bigger values, a lot people are joining and investing into bitcoin, milions dollars coming into bitcoin, but for this price be achieved i believe we will need atleast 2-4 big countries to legalize bitcoin, soo this cenario would became a reality even sooner.

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