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Topic: The most true, but also the cruel price prediction - page 3. (Read 3722 times)

legendary
Activity: 1946
Merit: 1007
Bitcoin price reached $1200 was a lie, we achieved it thanks to Willy Bot
It made many people over excited about bitcoin & they disappointed later after bitcoin price crashed

Everyone should realize the truth, so they won't be disappointed later

But we are now back at levels before the Willy Bot. Price should not be influenced too much by those happenings anymore by now.
legendary
Activity: 1036
Merit: 1000
I agree mostly with the OP's assessment. 80% increase over the last 2 years is great. But this is bitcoinland and people expect 100000000% rise in one night. High expectation means huge disappointment later.
legendary
Activity: 1722
Merit: 1000
In other words as long as the price was lower than the current one at some point in time you can always draw a line that points upward underneath.

Until this happens

\

This is a dumbass comperasion and you should feel bad for doing it.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
In other words as long as the price was lower than the current one at some point in time you can always draw a line that points upward underneath.

Until this happens
legendary
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
the Bitcoin Price rose by more than 80% just in 2 years!!


Wow. Cheesy

40% per year growth? Nah it is more like around 10000% in the first year, 1000% in the next couple of years, -50% now, 1000% in 2016, 10000% in 2017..
legendary
Activity: 1862
Merit: 1004
i prefer a slow but stable growth. peaks are nice if you want to sell your coins for a good profit. but as always, peaks don't last.
Slow grow is fine if we are talking about bitcoin only as a currency and money transfer method. If you want to use bitcoin as an investment method slow grow is not the best, you can day trade, you can't speculate all you can is wait for price slowly to be higher... If that will be the case many people will leave bitcoin.
legendary
Activity: 896
Merit: 1000
i prefer a slow but stable growth. peaks are nice if you want to sell your coins for a good profit. but as always, peaks don't last.
member
Activity: 115
Merit: 10
the Bitcoin Price rose by more than 80% just in 2 years!!




https://i.imgur.com/g1PjOaU.png



In fact, compared to two years ago, our prices have been rising, despite it is slow, but this speed still is fast faster than the vast majority of things, the Bitcoin Price rose by 80% just in 2 years!!

so for $500 price, even $1,000 price, I also believe it eventually will be realized in one day, but not in this year or next year.

I estimate that the price will reach at $500 in 2021.

i think your "let it go" circle is too small - it needs to extend all the way out to todays date as i consider current price is still a hangover from the goxing and unless the manipulators keep playing with it in the $200-$300 level it will do down markedly. perhaps to the $110 or below. so bitcoin will have grown 0% in 2 years.

more bullishly however if you take your start point not at $110 but go back when it was $2 then the growth  to $110 is very very good and if the past is an indicator to the future $500 is still soon
hero member
Activity: 490
Merit: 500
the Bitcoin Price rose by more than 80% just in 2 years!!




https://i.imgur.com/g1PjOaU.png



In fact, compared to two years ago, our prices have been rising, despite it is slow, but this speed still is fast faster than the vast majority of things, the Bitcoin Price rose by 80% just in 2 years!!

so for $500 price, even $1,000 price, I also believe it eventually will be realized in one day, but not in this year or next year.

I estimate that the price will reach at $500 in 2021.
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