Tell me your predictions about Bitcoin - page 45.

deisik

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Quote from: matuson on June 05, 2017, 01:05:16 PM

Why are you so sure that he can not collapse to zero? Price of any currency is supported by the economy of the country of its origin. What kind of economy supports the price of bitcoin? If tomorrow the whales start to sell their bitcoins what will be the price and that could stop his fall.

In fact, that remains to be seen

I don't know about any currency, but value of anything is supported by the utility it provides. In case of Bitcoin it is transactional utility and speculative utility. But only the former refers to a currency aspect of Bitcoin (if that could be somehow tied to "the economy of the country of its origin"). The latter, obviously, has nothing to do with the former. More specifically, it is the volatility of Bitcoin price and its expansion as well as adoption by whole countries and single individuals that make Bitcoin useful for the purpose of speculation. As you can easily see, the real economy is nowhere near that. In short, what you have read in a textbook may be very tangential to real life

matuson

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Why are you so sure that he can not collapse to zero? Price of any currency is supported by the economy of the country of its origin. What kind of economy supports the price of bitcoin? If tomorrow the whales start to sell their bitcoins what will be the price and that could stop his fall.

deisik

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Quote from: just_Alice on June 04, 2017, 09:19:18 AM

Quote from: deisik on June 04, 2017, 02:37:35 AM

Quote from: just_Alice on June 03, 2017, 02:51:07 PM

Quote from: deisik on June 02, 2017, 10:57:40 AM

Quote from: Eternu on June 02, 2017, 09:35:37 AM

There is not good enough guarantee that bitcoin price would go up to 3000 dollars. I mean it is not impossible, but as we saw when the price of bitcoin was on 2600 dollars, people started to sell, and the price went down to 1700 dollars. So as Creeping said there will be ups and downs in bitcoin price, and there is no certain way to say what will happen. We all hope for higher price Cheesy

It is always the case with purely financial assets. We never know where the price might go. We may set some reference points or even "landmarks" of sorts, but market almost always knows better (than we do). And Bitcoin is not an alien or exception to this rule. We may think that Bitcoin price is not going to reach 3,000 dollars any time soon after the correction (or crash) that we experienced a week ago but it may jump over there right within the next week

Or crash lower down to 1,000 dollars (or below)

But what could be the reasons for that crash? We have already witnessed the correction and after that bitcoin is steadily rising in price drawing more attention, in the finest sense of this word. I think it is much more likely that bitcoin will hit $3k soon than it will crash down to $1k.

But what are the reasons that Bitcoin will hit 3,000 dollars soon or sooner?

My point is that we can't reliably predict anything in respect to such assets for the long term. Basically, we can only hope and pray. That's the reason why long term investing in Bitcoin and altcoins is gambling in disguise. More specifically, I referred to tensions quickly rising around Bitcoin due to confrontation between different groups in the Bitcoin camp (developers versus miners versus the rest of the world). If Bitcoin turns toxic, it would rather go down to 1,000 than up to 3,000 dollars per coin

Yes, I agree with you. If bitcoin "turns toxic" people would start getting rid of it switching to Ethereum or Litecoin or whichever other crypto they like, and then price might drop even to zero in the long run. But I was talking about somewhat brighter future where due to extensive media coverage bitcoin will find a lot of new fans and because of that the price will rise. of course we don't exactly how much, but $3k sounds realistic

It may not fall down to zero, of course

But it could crash very low, down to triple digits (well, a little over half a year ago upper triples would be totally fine). Obviously, for the future to become bright and brighter we should first survive this summer. If tensions are set to intensify (which seems to be the case), people will just move their money into fiat or some other coin, even if only temporarily, to wait out the troubled times and see how things are going to unfold in the end. So we should be particularly attentive to any events that could throw some light on what is about or likely to happen

Panda Trump

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I am an unexperienced trader who likes to predict stuff and always predict it wrong.

Please keep that in mind whilst reading through my predictions:

The world population is growing, so the amount of BTC users is growing too, so we need to divide the same amount of BTC among a larger amount of users. This means that the BTC price has to rise.

As the attention Bitcoin is getting will be growing bit by bit too, I think the bitcoin price should be hitting 5k in about 2-3 years. at the end of this year, we'll have alot of smaller rises and drops done, which would be ranging from 1.6-3.1 thousand dollars per Bitcoin.

Here are some clear predictions:

2017 - 1st of August: $2400-$2600
2018 - 1st of January: $2900-$3100
2019 - 1st of January: ~$4000
2020 - 1st of January: ~$4800

If you like my predictions, Please PM me to get the adress you should tip to and my referal links. Thanks! Cheesy

pitiflin

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Obstacles that bitcoin might face in 5 years is that if any new virtual currency is introduced to the world and is good enough to compete against bitcoin, which has more advantages and less disadvantages when compared to bitcoin or the increasing rate of bitcoin in the recent weeks can be a reason for a future fall in bitcoin.

Palmerson

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Live cams shows pimped with cryptocurrency

Quote from: Aztek on June 05, 2017, 11:47:45 AM

Quote from: RappelzReborn on July 04, 2015, 09:35:23 AM

I don't think that Bitcoin is going to die anytime soon personally because it's already spreading and spreading and we see a lot of companies (big ones) like Namecheap , Microsoft etc ... starting to accepting it as Payement method which is pretty good . for what comes to the price I'd say it will be around 600$ on the Next halving block reward which should me on the end of 2016 .

I agree, since there now companies that are accepting bitcoin as payment such as a certain Japanese airline bitcoin will get stronger. The more people getting into bitcoin, the stronger it gets in terms of security, popularity and profit. Bitcoin has a future, and it is still in its way on the peak of its success. And an addition to that, since bitcoin is getting popular, it will become stronger and more mainstream.

I don't have this amount of bitcoins to have enough for a ticket. Well, maybe in the best case I have just about enough for a ticket. Why would I buy bitcoins to buy a plane ticket? I find it easier to do it for Fiat. As the sale of plane tickets can affect the popularity of bitcoin.

Aztek

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Quote from: RappelzReborn on July 04, 2015, 09:35:23 AM

I don't think that Bitcoin is going to die anytime soon personally because it's already spreading and spreading and we see a lot of companies (big ones) like Namecheap , Microsoft etc ... starting to accepting it as Payement method which is pretty good . for what comes to the price I'd say it will be around 600$ on the Next halving block reward which should me on the end of 2016 .

I agree, since there now companies that are accepting bitcoin as payment such as a certain Japanese airline bitcoin will get stronger. The more people getting into bitcoin, the stronger it gets in terms of security, popularity and profit. Bitcoin has a future, and it is still in its way on the peak of its success. And an addition to that, since bitcoin is getting popular, it will become stronger and more mainstream.

wicaksono

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Bitcoin prices are very difficult to predict, because bitcoin prices are fluctuating.
We can only imagine the price of bitcoin will keep soaring up anytime: D

killed

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My prediction, bitcoin will remain expensive over $2000 and will continue to increase because after the rise in bitcoin prices up to $2500+ more and more people are interested in bitcoin.

Bagaji

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Well, to me the problem are acceptability of Bitcoin by different government of the world and organizations, network problem is another major bottleneck when compared to ethereum or LTC. This is because in the next five year to come the number of account holders with bitcoin will almost double and confirmation of transaction will be become difficult if not resolve before hand.

gabmen

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Quote from: ckorbba on June 05, 2017, 05:15:46 AM

Quote from: CoinFoxs on June 04, 2017, 07:54:38 PM

Quote from: Gaff on June 04, 2017, 07:45:42 PM

We can't predict future but then I will share my prediction about bitcoin. There's a hope of everything and I believe that bitcoin is one of them. Probably, five to ten years from now it will be successful someday. It will boom for technology keeps on innovating and people become more techy specifically those young generations. More knowledgeable youngsters could be a secret millionaire because of bitcoin and not only that but also those who are inexperienced one will be guaranteed to learn quickly and more or less the population will be decreasing its crime because of helping people who aren't working. Good thing is they won't commit any crime again on streets but they wil become busier because of engaging in bitcoin community so they can work it out. So that's my prediction of bitcoin.

We can't predict exact future of bitcoin but we can predict or guess what will gonna happen in coming days by looking on the current circumstances. And bitcoin will be more successful in near future, we will see that everyone wants to work on bitcoin, every investor wants to invest in bitcoin and we will have offline bitcoin stores in near future definitely.

I think that you correctly noticed that today it is very clear which course will take Bitcoin in the future. Of course, you can say a lot about the fact that the price will rise or fall. But this is not to be feared, because Bitcoin will grow and still somehow lower its price somehow. But this leap will be insignificant. I personally strongly believe in this.

Well there are risks about the future of btc that's for sure but hey everything going on in our lives have risks. If we base it at the current situation, bitcoin has a lot of promise in the future. Looking back a month back, if the price was able jump that quick, there definitelynis a chance there's going to be another major run especially with some coubtries adopting btc already

ckorbba

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Quote from: CoinFoxs on June 04, 2017, 07:54:38 PM

Quote from: Gaff on June 04, 2017, 07:45:42 PM

We can't predict future but then I will share my prediction about bitcoin. There's a hope of everything and I believe that bitcoin is one of them. Probably, five to ten years from now it will be successful someday. It will boom for technology keeps on innovating and people become more techy specifically those young generations. More knowledgeable youngsters could be a secret millionaire because of bitcoin and not only that but also those who are inexperienced one will be guaranteed to learn quickly and more or less the population will be decreasing its crime because of helping people who aren't working. Good thing is they won't commit any crime again on streets but they wil become busier because of engaging in bitcoin community so they can work it out. So that's my prediction of bitcoin.

We can't predict exact future of bitcoin but we can predict or guess what will gonna happen in coming days by looking on the current circumstances. And bitcoin will be more successful in near future, we will see that everyone wants to work on bitcoin, every investor wants to invest in bitcoin and we will have offline bitcoin stores in near future definitely.

I think that you correctly noticed that today it is very clear which course will take Bitcoin in the future. Of course, you can say a lot about the fact that the price will rise or fall. But this is not to be feared, because Bitcoin will grow and still somehow lower its price somehow. But this leap will be insignificant. I personally strongly believe in this.

CoinFoxs

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Quote from: Gaff on June 04, 2017, 07:45:42 PM

We can't predict future but then I will share my prediction about bitcoin. There's a hope of everything and I believe that bitcoin is one of them. Probably, five to ten years from now it will be successful someday. It will boom for technology keeps on innovating and people become more techy specifically those young generations. More knowledgeable youngsters could be a secret millionaire because of bitcoin and not only that but also those who are inexperienced one will be guaranteed to learn quickly and more or less the population will be decreasing its crime because of helping people who aren't working. Good thing is they won't commit any crime again on streets but they wil become busier because of engaging in bitcoin community so they can work it out. So that's my prediction of bitcoin.

We can't predict exact future of bitcoin but we can predict or guess what will gonna happen in coming days by looking on the current circumstances. And bitcoin will be more successful in near future, we will see that everyone wants to work on bitcoin, every investor wants to invest in bitcoin and we will have offline bitcoin stores in near future definitely.

Gaff

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We can't predict future but then I will share my prediction about bitcoin. There's a hope of everything and I believe that bitcoin is one of them. Probably, five to ten years from now it will be successful someday. It will boom for technology keeps on innovating and people become more techy specifically those young generations. More knowledgeable youngsters could be a secret millionaire because of bitcoin and not only that but also those who are inexperienced one will be guaranteed to learn quickly and more or less the population will be decreasing its crime because of helping people who aren't working. Good thing is they won't commit any crime again on streets but they wil become busier because of engaging in bitcoin community so they can work it out. So that's my prediction of bitcoin.

whaawh

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Quote from: dmamigo on June 04, 2017, 02:44:13 PM

Quote from: NEWGOODOUBLE on June 04, 2017, 10:49:31 AM

Quote from: CuriousGeorge on May 31, 2017, 06:39:47 PM

Quote from: Freezingel on May 31, 2017, 02:36:29 PM

Quote from: jossiel on May 31, 2017, 02:18:32 AM

I have read an article about the prediction of some experts for this year, they are saying that it's still possible for bitcoin to reach $10k for this year

https://cointelegraph.com/news/bitcoin-price-could-reach-10000-in-few-months-with-fund-managers-bullish-sentiment

I find it possible but it is too much. I'm only thinking that the price of bitcoin can possible get up only at $3,000 for this year.

10k usd? There have to be a lot of major news for bitcoin price to increase that much. My prediction for this year is bitcoin to reach $2000 and that one already achieved, so $3000 as stable price at the end of the year seems possible with 6 months to go.

I think so because the bitcoin still has a lot of ammunitions to shoot on the next ATH. I can say there is a possibility the price of bitcoin will over $3000 in the future. but we will need a lot of effort.
More adopters and buyers to pump the price of bitcoin.

Yeah I predict that bitcoin prices will continue to rise, because the number of bitcoin users currently can not be said big. Bitcoin users will continue to grow and prices will continue to rise

Most probably it will rise, because the acceptance is increasing by users and also various countries are making it legal which is booming the the price as well. Though its a kind of gambling, but in a positive approach, with maximum chance to be in profit. The price is going to shoot above $3000 pretty soon.

At the current prices for Bitcoin, I think it will be a very large waste of playing a casino or other gambling for crypto currency. I would advise to generally keep Bitcoin and stay a little quiet, in order to see a big price for Bitcoin. You yourself understand that this will bring new opportunities for each user.

dmamigo

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Quote from: NEWGOODOUBLE on June 04, 2017, 10:49:31 AM

Quote from: CuriousGeorge on May 31, 2017, 06:39:47 PM

Quote from: Freezingel on May 31, 2017, 02:36:29 PM

Quote from: jossiel on May 31, 2017, 02:18:32 AM

I have read an article about the prediction of some experts for this year, they are saying that it's still possible for bitcoin to reach $10k for this year

https://cointelegraph.com/news/bitcoin-price-could-reach-10000-in-few-months-with-fund-managers-bullish-sentiment

I find it possible but it is too much. I'm only thinking that the price of bitcoin can possible get up only at $3,000 for this year.

10k usd? There have to be a lot of major news for bitcoin price to increase that much. My prediction for this year is bitcoin to reach $2000 and that one already achieved, so $3000 as stable price at the end of the year seems possible with 6 months to go.

I think so because the bitcoin still has a lot of ammunitions to shoot on the next ATH. I can say there is a possibility the price of bitcoin will over $3000 in the future. but we will need a lot of effort.
More adopters and buyers to pump the price of bitcoin.

Yeah I predict that bitcoin prices will continue to rise, because the number of bitcoin users currently can not be said big. Bitcoin users will continue to grow and prices will continue to rise

Most probably it will rise, because the acceptance is increasing by users and also various countries are making it legal which is booming the the price as well. Though its a kind of gambling, but in a positive approach, with maximum chance to be in profit. The price is going to shoot above $3000 pretty soon.

NEWGOODOUBLE

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Activity: 476

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Quote from: CuriousGeorge on May 31, 2017, 06:39:47 PM

Quote from: Freezingel on May 31, 2017, 02:36:29 PM

Quote from: jossiel on May 31, 2017, 02:18:32 AM

I have read an article about the prediction of some experts for this year, they are saying that it's still possible for bitcoin to reach $10k for this year

https://cointelegraph.com/news/bitcoin-price-could-reach-10000-in-few-months-with-fund-managers-bullish-sentiment

I find it possible but it is too much. I'm only thinking that the price of bitcoin can possible get up only at $3,000 for this year.

10k usd? There have to be a lot of major news for bitcoin price to increase that much. My prediction for this year is bitcoin to reach $2000 and that one already achieved, so $3000 as stable price at the end of the year seems possible with 6 months to go.

I think so because the bitcoin still has a lot of ammunitions to shoot on the next ATH. I can say there is a possibility the price of bitcoin will over $3000 in the future. but we will need a lot of effort.
More adopters and buyers to pump the price of bitcoin.

Yeah I predict that bitcoin prices will continue to rise, because the number of bitcoin users currently can not be said big. Bitcoin users will continue to grow and prices will continue to rise

kpcian

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Activity: 826

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So far I can assume about bitcoin, it's going to be one of the most popular currency in the monetary system, bitcoin is going to be lucrative business platform, so many people are going to get huge amount of money from here..
So I strongly believe that, bitcoin has a great future.

just_Alice

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Quote from: deisik on June 04, 2017, 02:37:35 AM

Quote from: just_Alice on June 03, 2017, 02:51:07 PM

Quote from: deisik on June 02, 2017, 10:57:40 AM

Quote from: Eternu on June 02, 2017, 09:35:37 AM

There is not good enough guarantee that bitcoin price would go up to 3000 dollars. I mean it is not impossible, but as we saw when the price of bitcoin was on 2600 dollars, people started to sell, and the price went down to 1700 dollars. So as Creeping said there will be ups and downs in bitcoin price, and there is no certain way to say what will happen. We all hope for higher price Cheesy

It is always the case with purely financial assets. We never know where the price might go. We may set some reference points or even "landmarks" of sorts, but market almost always knows better (than we do). And Bitcoin is not an alien or exception to this rule. We may think that Bitcoin price is not going to reach 3,000 dollars any time soon after the correction (or crash) that we experienced a week ago but it may jump over there right within the next week

Or crash lower down to 1,000 dollars (or below)

But what could be the reasons for that crash? We have already witnessed the correction and after that bitcoin is steadily rising in price drawing more attention, in the finest sense of this word. I think it is much more likely that bitcoin will hit $3k soon than it will crash down to $1k.

But what are the reasons that Bitcoin will hit 3,000 dollars soon or sooner?

My point is that we can't reliably predict anything in respect to such assets for the long term. Basically, we can only hope and pray. That's the reason why long term investing in Bitcoin and altcoins is gambling in disguise. More specifically, I referred to tensions quickly rising around Bitcoin due to confrontation between different groups in the Bitcoin camp (developers versus miners versus the rest of the world). If Bitcoin turns toxic, it would rather go down to 1,000 than up to 3,000 dollars per coin

Yes, I agree with you. If bitcoin "turns toxic" people would start getting rid of it switching to Ethereum or Litecoin or whichever other crypto they like, and then price might drop even to zero in the long run. But I was talking about somewhat brighter future where due to extensive media coverage bitcoin will find a lot of new fans and because of that the price will rise. of course we don't exactly how much, but $3k sounds realistic.

deisik

legendary

Activity: 3486

Merit: 1280

English ⬄ Russian Translation Services

Quote from: just_Alice on June 03, 2017, 02:51:07 PM

Quote from: deisik on June 02, 2017, 10:57:40 AM

Quote from: Eternu on June 02, 2017, 09:35:37 AM

There is not good enough guarantee that bitcoin price would go up to 3000 dollars. I mean it is not impossible, but as we saw when the price of bitcoin was on 2600 dollars, people started to sell, and the price went down to 1700 dollars. So as Creeping said there will be ups and downs in bitcoin price, and there is no certain way to say what will happen. We all hope for higher price Cheesy

It is always the case with purely financial assets. We never know where the price might go. We may set some reference points or even "landmarks" of sorts, but market almost always knows better (than we do). And Bitcoin is not an alien or exception to this rule. We may think that Bitcoin price is not going to reach 3,000 dollars any time soon after the correction (or crash) that we experienced a week ago but it may jump over there right within the next week

Or crash lower down to 1,000 dollars (or below)

But what could be the reasons for that crash? We have already witnessed the correction and after that bitcoin is steadily rising in price drawing more attention, in the finest sense of this word. I think it is much more likely that bitcoin will hit $3k soon than it will crash down to $1k.

But what are the reasons that Bitcoin will hit 3,000 dollars soon or sooner?

My point is that we can't reliably predict anything in respect to such assets for the long term. Basically, we can only hope and pray. That's the reason why long term investing in Bitcoin and altcoins is gambling in disguise. More specifically, I referred to tensions quickly rising around Bitcoin due to confrontation between different groups in the Bitcoin camp (developers versus miners versus the rest of the world). If Bitcoin turns toxic, it would rather go down to 1,000 than up to 3,000 dollars per coin

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