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Topic: Report: Bitcoin to $25,000 by 2022 - page 9. (Read 2814 times)

hero member
Activity: 2912
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October 27, 2017, 11:54:49 AM
#47
Possible but we can never really tell. Even just for this year, I did not expect this kind of rise for 2017. Looking at the price charts still amazes me and just over a few months, the price increase has been outstanding. It’s hard to predict the price and we can only speculate but hopefully what OP has said will come true. If the trend of bitcoin continues to go on like this, then it is likely for that to happen and for the price to be that high come 2022
Right.Same with my views.Reaching $25000 by 2022 may be possible for bitcoin if it will continue to create a rapid price increase.Let's just put it this way.Increasing $5000 per year couldn't be much harder for bitcoin just like what's happening if you trace the price chart way back few years ago.So with this,bitcoin price is more likely to hit $25000-$30000 by the year 2022 if granted.
legendary
Activity: 2044
Merit: 1115
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October 27, 2017, 11:12:31 AM
#46
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 Tom Lee's premise, so I can only hazard a guess on why he's predicating the price target on this occurrence. As you propose, hundreds of millions of dollars of direct investment could take us a long way, but in my view (and I'm guessing in Tom Lee's view), big investors and institutions are only putting hundreds of millions of dollars of direct investment into bitcoin to occupy the role that gold previously held in their investment portfolios and to serve as a digital store of value. So while I would agree that it could happen, I would say it only would happen because it had become a digital store of value for institutional investors, and I am skeptical about that because all it is right now is a speculative commodity.
full member
Activity: 336
Merit: 106
October 27, 2017, 09:14:46 AM
#45
Possible but we can never really tell. Even just for this year, I did not expect this kind of rise for 2017. Looking at the price charts still amazes me and just over a few months, the price increase has been outstanding. It’s hard to predict the price and we can only speculate but hopefully what OP has said will come true. If the trend of bitcoin continues to go on like this, then it is likely for that to happen and for the price to be that high come 2022
full member
Activity: 285
Merit: 100
October 27, 2017, 08:38:17 AM
#44
This could be even higher but that is a fair estimate. It depends on how long MSM can go on with spreading misinformation. Luckily the forces of nature are turning in good's favor.
sr. member
Activity: 1512
Merit: 316
October 27, 2017, 08:19:46 AM
#43
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.
sr. member
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October 27, 2017, 08:07:51 AM
#42

Amazing report and if that’s true then we should start feeling up the wallets with bitcoin. It won’t matter if I buy the bitcoin today at the rate of 6K or even at 10k if the price rises to that much this year end. I mean 25k just in five years is the quickest way to get rich man! I don’t have much understanding of your graphs and those laws but what I see as regular investor that there is hope for me to get rich quick in short period of time by just holding sufficient bitcoin in my wallet. Wow I mean that’s the power of bitcoin I guess and it’s like knowing our own future and financial status in the year 2022. Hope this settles well.
sr. member
Activity: 336
Merit: 250
October 27, 2017, 06:11:13 AM
#41
Intuitively,  I don't trust this prediction.   Financial analysts often have big fancy mathematical
models that, in the end, turn out to be very wrong.  And it's not that I'm hoping they're wrong.   
I'm hoping this model is right or even underestimates bitcoin's growth.  But I don't put much
stock in TA, never have, and it's been wrong too many times to rely on...just like predicting the
weather.

2022 isn't that far away.  Maybe OP will be kind enough to bump this in 5 years.



Because financial analyst based their predictions on the performance of the market and the company that they are predicting. Bitcoin don't have any of those what it has is just the demand from the people who wants to own at least a piece of this coins. And yes 2015 is just 5 years from today but that is long enough for a $19,000 bump on bitcoin's price. it just made almost $5000 bump on it's price since January 2017 that was just 9 months ago.
hero member
Activity: 490
Merit: 501
October 27, 2017, 05:58:11 AM
#40
Theres a big chance that bitcoin will hit 25000$ by 2022, if more and more countries will be using bitcoin as one of thier payment options, and if this icos will be neutralized  investors will go back again to bitcoin. 

Everybody would then be happy if that will be the case though there would be those who might feel they can not join the Bitcoin party anymore because the value has already skyrocketed beyond the moon (though this assumption is wrong as anybody can buy what he can afford). Now, I love reading positive predictions about Bitcoin but of course we should not be carried away with them as frankly speaking nobody can be sure of what the future may bring. The year 2022 is actually not far...just around 5 years but along the way I am sure that Bitcoin can be meeting all the oppositions, ban, regulations, criticisms, manipulations, speculations and all the things in between I failed to mention. Of course, we are expecting that Bitcoin van be able survive them all.
legendary
Activity: 2842
Merit: 1253
October 27, 2017, 05:03:28 AM
#39
I think this prediction is more realistic than those prediction that Bitcon will go up to 1million dollar a piece.  With the current rate of adoption and price increase, I think Bitcoin can be able to reach this price even before that year.  Just look how fast Bitcoin reach $6k after dipping to sub $3000.
full member
Activity: 373
Merit: 100
October 27, 2017, 04:37:25 AM
#38
Intuitively,  I don't trust this prediction.   Financial analysts often have big fancy mathematical 
models that, in the end, turn out to be very wrong.  And it's not that I'm hoping they're wrong.   
I'm hoping this model is right or even underestimates bitcoin's growth.  But I don't put much 
stock in TA, never have, and it's been wrong too many times to rely on...just like predicting the 
weather. 

2022 isn't that far away.  Maybe OP will be kind enough to bump this in 5 years.


Yeah i do think so. As what as the others also might say, theres a lot that can happen, maybe yes it is possible that its price might reach to that, but i was also wondering if this will still exist or even usable for the next 2 years if theres no hindrances that will occur it might be possible.
full member
Activity: 624
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October 27, 2017, 04:20:34 AM
#37
I also read that an investor named Trace Mayer posted on his social media that Bitcoin will increase over $27,000 by February 2018 based on the 200 day moving average.

Link:
https://www.cryptocoinsnews.com/investor-predicts-bitcoin-price-to-hit-27k-in-four-months/
full member
Activity: 602
Merit: 100
October 27, 2017, 03:59:40 AM
#36
Yeah its a forecast that is nearly true.No one's really know how much bitcoin would go.5 years from now $25000 that means an increase of $5000/year.If this would be possible then i would invest atleast 1 btc.This is the advantage of cryptocurrency its votality is really unknown thats why many of us predicted this price
newbie
Activity: 17
Merit: 0
October 27, 2017, 03:34:28 AM
#35
If mass adoption start by 2020, there is likely chances to cross that price.
sr. member
Activity: 700
Merit: 275
October 27, 2017, 03:13:35 AM
#34

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


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.
legendary
Activity: 3080
Merit: 1353
October 27, 2017, 02:57:36 AM
#33
Its really interesting to see bitcoin price move accordance with some law on TA. I think this is attainable because right now 2017 the price is pegged at $6000. And we still have like 5 years and a lot can happened in those 5 years. Maybe at the end of 2018 the price has already doubled to $12000. So this reports is very much possible the way I see it and its very realistic as compare to those predictions like John McAfee and others bullish investors. At least this is back up by some TA analysis and not by someone who has a big mouth and just based it on his own assumptions. I wanna see this happened in 2022. We can all go back 5 years from now and see if this prediction did actually happened in the future.
full member
Activity: 126
Merit: 100
October 27, 2017, 02:56:05 AM
#32
I don’t want to say this is wrong or it is right either. But I’m hoping it will come true. At this year 2017 there is still 5 years before that day/year. When it comes to cryptocurrency everything is possible. 25000$ is a big price and now we are still at 5900$ - 6000$ there is a long way to go and many more challenges to conquer.
sr. member
Activity: 658
Merit: 251
October 27, 2017, 02:45:10 AM
#31
It's just a prediction it will or will not be true. Investing in Bitcoins is highly risky as it will make you rich or poor and it all depends on your investment technique but I also believe that more risk = more return and less risk = less return. There are many people who predict bitcoin price but one should not believe in them. Do your own research and then invest.   
member
Activity: 90
Merit: 10
October 27, 2017, 02:34:25 AM
#30
All the predictions are useless, anyone saying 10$ or 100000$ have similar chances to be proven wrong.
hero member
Activity: 2870
Merit: 574
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October 27, 2017, 01:37:11 AM
#29
Good to easy. It can be possible by bitcoin. Price of bitcoin is high now. We can say bitcoin has a bright future. The price of it is not stable and for this it is increasing rapidly. 25000$ in 2022 is possible for Bitcoin.

$25000 is a big money we can reach in bitcoin and i am sure that we can reach it in future. with the many benefits from bitcoin, i think many people will interesting and using bitcoin in the future. if we see in one year ago or two year ago, bitcoin price is not too high and still people is not interesting because they don't know bitcoin at all. but now after the price is increase significant, i think many people is trying to have bitcoin in their wallet and i think 2022, bitcoin price can reach more than that price.
sr. member
Activity: 1750
Merit: 267
October 27, 2017, 01:04:06 AM
#28
Good to easy. It can be possible by bitcoin. Price of bitcoin is high now. We can say bitcoin has a bright future. The price of it is not stable and for this it is increasing rapidly. 25000$ in 2022 is possible for Bitcoin.
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