The collective forecast of the price of Bitcoin on January 1, 2019 - page 2.

talkbitcoin

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Quote from: LFC_Bitcoin on October 30, 2018, 08:59:38 AM

@Lucius - Those predictions seem ridiculous, especially the $150,000 per coin one but you know what, as a bitcoin HODLER obviously I’d LOVE any of those 3 predictions you posted to come true. Even the $15,000 one would be amazing right now

$15000 is nothing really specially since this is a price that was reached and passed not so long ago. and even psychologically speaking it would be easily possible to reach it.
apart from that, $15k can be considered a small rise after this gigantic drop of nearly 70% which has brought bitcoin to an under priced place.

Yaunfitda

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Quote from: ramirkz on October 30, 2018, 02:12:46 AM

Quote from: Wind_FURY on October 30, 2018, 01:35:55 AM

Quote from: ramirkz on October 25, 2018, 02:39:37 AM

The price of Bitcoin is tied to stocks, the dollar and other various factors.

How strongly are the "tied" together? Present the data showing, and proving that it's true before making statements based on nothing but assumptions.

I meant - many experts tie the course of Bitcoin to various factors. Personally, I am not) Therefore, I can’t connect the data to confirm availability.

Maybe one good case is the recent crash of stock market that trickle to crypto, I think it started from EU then quickly affected the US and Asian stocks and the domino effect reaches crypto as well. I'm looking for the article and will try to update this thread. And I've seen it discussed in this community as well Grin

LFC_Bitcoin

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@Lucius - Those predictions seem ridiculous, especially the $150,000 per coin one but you know what, as a bitcoin HODLER obviously I’d LOVE any of those 3 predictions you posted to come true. Even the $15,000 one would be amazing right now

Lucius

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Quote from: ramirkz on October 25, 2018, 02:39:37 AM

The last year, the cryptocurrency markets have undergone significant adjustments and many experts predictions of the fall of 2017 were beyond fiction. This year, experts are much more cautious and pessimistic in our forecasts. The price of Bitcoin is tied to stocks, the dollar and other various factors. But it seems to me that there is no more interesting and fair forecast than a survey of people who are part of this market. And where, if not on Bitcoinflc, can you find such a number of crypto enthusiasts and experts of the cryptocurrency market?

What else to expect after such big correction we have after last pump? That so-called experts are right with caution, they do not want to give some kind of wild speculations so that people can laugh at them after few months - especially if they do not have a basis for them.

But if you like to read some prediction for January 2019 by some experts here are some of them :

Quote

Alexander V. van Dijl, Financial expert:

At the beginning of this year I predicted a bitcoin value of 150.000. While that seems like a lot today, I believe some firm price movements will take place in the (very) near future. Something big will happen, perhaps a large retailer will accept bitcoin, perhaps adult advertising will accept bitcoin as payment. Something big will happen that will cause the price to skyrocket again. 150.000 is my prediction for January 1st.

Quote

Eric Brown, Founder and CEO of Aliant Payment Systems:

My Bitcoin price prediction for 1 January 2019 is $23,000.We were practically at this price once, and we know what it takes to get it back there. We are very much in the infancy of this type of currency, and as technology grows, so does the value of the currency. The future is technology and Bitcoin is the currency of that technology.

Quote

Danny Scott, CEO and Co-Founder at CoinCorner:

Based on our existing data combined with industry trends, we predict the price of Bitcoin will level around $15,000 by 1st January 2019. We take this view as the industry is growing at a healthy rate, with the retail market developing steadily and considerable new interest from high net worth individuals and institutions being recorded.

Read more : 16 Predictions for the Bitcoin Price from Industry Experts

Pursuer

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Quote from: ramirkz on October 30, 2018, 02:12:46 AM

Quote from: Wind_FURY on October 30, 2018, 01:35:55 AM

Quote from: ramirkz on October 25, 2018, 02:39:37 AM

The price of Bitcoin is tied to stocks, the dollar and other various factors.

How strongly are the "tied" together? Present the data showing, and proving that it's true before making statements based on nothing but assumptions.

I meant - many experts tie the course of Bitcoin to various factors. Personally, I am not) Therefore, I can’t connect the data to confirm availability.

of course price of literary anything in the world is tied to other "factors" and takes effect from a lot more. the world is interconnected. but in case of bitcoin this connection between it and stocks does not exist and I have not seen any experts make that connection to be honest.
what I have heard has been a speculation or two that during some stock market drops bitcoin price should rise.

ramirkz

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Quote from: Wind_FURY on October 30, 2018, 01:35:55 AM

Quote from: ramirkz on October 25, 2018, 02:39:37 AM

The price of Bitcoin is tied to stocks, the dollar and other various factors.

How strongly are the "tied" together? Present the data showing, and proving that it's true before making statements based on nothing but assumptions.

I meant - many experts tie the course of Bitcoin to various factors. Personally, I am not) Therefore, I can’t connect the data to confirm availability.

Wind_FURY

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Quote from: ramirkz on October 25, 2018, 02:39:37 AM

The price of Bitcoin is tied to stocks, the dollar and other various factors.

How strongly are the "tied" together? Present the data showing, and proving that it's true before making statements based on nothing but assumptions.

Idrisu

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I think in January 2019 , we would be talking of $12,000 or $15,000 in bitcoin pricing. If all things been equal and the summary of the people predictions happened then now is the right time to buy or invest in some of the cryptocurrencies that are currently very cheap.

pooya87

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i believe we will see a rise before the year ends but i am not sure if we can see the big resistance at $10k be broken which is why i would say a price in range of $8k to $10k is the most possible scenario. specially with Bakkt news on the way.

Quote from: ramirkz on October 25, 2018, 02:39:37 AM

The price of Bitcoin is tied to stocks, the dollar and other various factors.

not really. bitcoin has always moved on its own. it may sometimes move in opposite of Stocks market but that is not big enough or common enough to form a real connection.

applefresh

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Study historical data of bitcoin, I found that it is always on the rise, At eht end of each year. I think it will be between $9000 to $10000, New Year's Day next year

bitbunnny

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Quote from: thecodebear on October 29, 2018, 02:38:10 PM

I said 7000-8000. I think it'll hang around the bottom into early next year before the market finally decides to start a new bull market. I think it'll mostly be in the 6000s until then but could see it being in the 7000s for a few weeks after BAKKT in mid-december.

I agree with such prediction ans don't expect some biger price growth. 10000$ would be nice to see but as the market looks now this is only desire.
Maybe later in the year some more significant changes will occur but so far I don't have big expectations. The end of last year will not repeat and I think that the bigest optimists are now very well aware of this.

thecodebear

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I said 7000-8000. I think it'll hang around the bottom into early next year before the market finally decides to start a new bull market. I think it'll mostly be in the 6000s until then but could see it being in the 7000s for a few weeks after BAKKT in mid-december.

Kaerras20

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I think it will over $7000. It has been customary for couple of years now that bitcoin price increases in this period of time.

Ocirwen12

newbie

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It will be around 7000$ in my opinion. The price is moving around 6500$ for a long period now. As it is showing signs to improve recently, 7000$ is what I guess.

Iboellan9

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I think the price will remain in between $7000-$8000 by the end of this year. So in 1st January the price will continue the same way and hopefully through Q1 of 2019.

Timos22

newbie

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I am hoping for a $10000 value by the end of this year and prevailing at least through Q1 of 2019. Fingers crossed.

ramirkz

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The last year, the cryptocurrency markets have undergone significant adjustments and many experts predictions of the fall of 2017 were beyond fiction. This year, experts are much more cautious and pessimistic in our forecasts. The price of Bitcoin is tied to stocks, the dollar and other various factors. But it seems to me that there is no more interesting and fair forecast than a survey of people who are part of this market. And where, if not on Bitcoinflc, can you find such a number of crypto enthusiasts and experts of the cryptocurrency market?

Topic: The collective forecast of the price of Bitcoin on January 1, 2019 - page 2. (Read 598 times)