This guy predicts bitcoin to be $20,000 in 2 years. What do you think? - page 15.

Razick

legendary

Activity: 1330

Merit: 1003

Quote from: waynechong1995 on October 19, 2017, 06:52:47 PM

Ya I agree those predictions are mostly bias based, of course I hope my investment profits. That's why rather than commenting on the prediction or going against the opposites, I would rather go with the flow, adjusting my portfolio within more realistic timeline.

The news regarding a public reasoning of why BTC could went up $15000 is just glorifies BTC and his words doesn't sound very technical as well. No valuable info is found but it's true that BTC got a lot for attention lately

The thing is we will not get to $20,000 on this peak. That is for sure. The price is going to crash soon. I don't know when, but it will definitely be before $20,000... lol. And after the crash, it might take years for the price to recover even back to $5,000+. So I would not be so fast to say that in 2 years we will be at $20,000. I would say in 5 years we will be there most certainly though.

senin

full member

Activity: 938

Merit: 137

The forecast that in two years the bitcoin rate can be about 20,000 dollars, in my opinion is too optimistic. We must also take into account its greater volatility, the crypto currency reacts to all the bad news, as we could see in a recent example with China. Therefore, the growth rate of bitcoin can not be straight up. In any case, it will be like waves, with ups and downs. Bitcoin for the next two years will rise significantly in price, but until this forecast, in my opinion, will not last.

waynechong1995

full member

Activity: 644

Merit: 117

swing!

Ya I agree those predictions are mostly bias based, of course I hope my investment profits. That's why rather than commenting on the prediction or going against the opposites, I would rather go with the flow, adjusting my portfolio within more realistic timeline.

The news regarding a public reasoning of why BTC could went up $15000 is just glorifies BTC and his words doesn't sound very technical as well. No valuable info is found but it's true that BTC got a lot for attention lately

Hydrogen

legendary

Activity: 2562

Merit: 1441

Imagine buying 5 bitcoins.

As a proud new owner of 5 btc, your new goal is to raise the price of btc to make your profit.

One method to achieve this is to write articles convincing people bitcoin's price will reach "$20,000 in 2 years". Some will believe you prediction & they will buy btc. This increase in demand, theoretically could cause the price of btc to rise.

This cycle of extremely optimistic predictions made by those holding assets done under the motive of generating profits on increasing value has riddled the gold and silver markets for decades. Its not as obvious in crypto as btc's price has been increasing more than most predicted.

There are predictions made in finance and economics which are done with a person self interests in mind. Predictions tend to be more reliable when there's a disclaimer that says the person making the prediction isn't invested in the thing they're making predictions on / promoting.

Anwar22

full member

Activity: 588

Merit: 100

As bitcoin price increase i think next 2 years it's best price will can be $8k-10k. So i think you are wrong sir why-not It can not be worth $ 20000 in 2 years. If bitcoin price will be $20000 in 2 years i buy a house.

pecson134

sr. member

Activity: 630

Merit: 250

★Bitvest.io★ Play Plinko or Invest!

I think it is too farfetched to say that bitcoin will reach the 20k $ mark for the span of 2 years but we can't set aside that possibility. Due to continuous fluctuation of bitcoins, I think it will be difficult for bitcoin to reach even 10k this year and though if the price increases more than decreases.

jack1111

hero member

Activity: 924

Merit: 500

Almost everyone here is happy with these predictions, we just can hope and hold. theoretically, Bitcoin will reach much higher value with the growing demand and less coins being mined, so $20,000 will not be strange or unexpected value after few years.

faycel96

sr. member

Activity: 434

Merit: 250

The biggest value reached by bitcoin these days is $ 5700 , and currently the value is less ranging between $ 5,300 and $ 5,700 . i think bitcoin Could exceed $ 10,000 in the future and reach higher levels ,

tiggytomb

legendary

Activity: 1848

Merit: 1000

Quote from: 20karaktererastesore on October 19, 2017, 03:14:39 AM

From here: https://twitter.com/ICOAlerts/status/912334877801971712

I think $20,000 is impossible, or at least in 2 years. Maybe in 5 years yes.

I don't think it is impossible at all, the rate we are going this could easily be the price in two years, even $10,000 by the end of this year is possible and has been predicted by a few people but who knows.

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

So bitcoin will go up 14.300 and Ether 14.700.
Since we have a difference of near 6x in coin supply it would mean ether will get more than 6 times "investments" than bitcoin is going to.

Totally legit!!!

I'm not even going to start asking what the hell tenx or tampax coin is.
Seeing monero and iota going over litecoin is a clear sign this trader or whatever he is has smoked some decent pot.

rockyfeller

full member

Activity: 406

Merit: 101

🚀🚀 ATHERO.IO 🚀🚀

Never underestimate the power of cryptocurrency. Internet today is powerful. Central banks/government banks around the world will adopt blockchain in that year 2020 is halving time for bitcoin and to think it will be the golden era age so i will agree on that prediction

whyrqa

full member

Activity: 1093

Merit: 103

Quote from: jak3 on October 19, 2017, 03:10:02 PM

Honestly I can't say any word right now because someone said some months ago that Bitcoin will reach 5000$ by the end of 2017 and here the stakes are. So I believe everything is possible with Bitcoin and in addition to this Bitcoin also has the market demand and supplies theory which is the main reason of price increase.

I also analyzed the statistics of the growth and fall in the price of Bitcoin Over the past year and a half. So I got a very strong argument in favor of the prospect of rising prices for Bitcoin in the next six months, And maybe even here. Therefore, I would not be surprised that the forecasts for 20,000 dollars for 2 years can come true. If in almost half a year Bitcoin has risen almost 5 times.

TimtheYoutuber

full member

Activity: 1708

Merit: 125

www.positivebetting.com

I dont have a strong faith in bitcoin, I think governments and countries are going to realize they cant escape it and create their own coin. Like a USC ( United States coin )

ohlawdy

full member

Activity: 259

Merit: 100

- "Bitcore (BTX) - The Future is Now"

Yes i think is is to much , i don't see the marketcap go x4 so fast.
But who knows look where btc came from.

jak3

legendary

Activity: 1274

Merit: 1004

Honestly I can't say any word right now because someone said some months ago that Bitcoin will reach 5000$ by the end of 2017 and here the stakes are. So I believe everything is possible with Bitcoin and in addition to this Bitcoin also has the market demand and supplies theory which is the main reason of price increase.

maku

legendary

Activity: 1288

Merit: 1000

Quote from: cloud777 on October 19, 2017, 04:07:10 AM

19 october 2016: 638,64$
19 october 2017: 5636,42$

It's about +900% in one year.
You're laughing for a +350% in 3 years. Why? Shocked

Because it is easier to grow from lower price to i.e boost bitcoin's price from $1000 to $3000 than achieve the same percentage growth with higher numbers.
I can't imagine ATM that we will have BTC worth $30k in next 3 years. I am not saying it is impossible. I am saying it will be much harder to accomplish.
That is a reason I see all kinds of promises and predictions that BTC will reach $100k, before 2020 as pure Sci-Fi at this point.

googlebtc

sr. member

Activity: 434

Merit: 250

I think nothing is impossible if bitcoin prices can reach $ 20,000 in 2 years and if many investors support or encourage increased bitcoin, there may be a bitcoin price explosion achieved, but no one can predict an explosion will happen within the next 2 years. When investors stick to their attitude toward bitcoin prices, and if the price can reach $ 20,000 there will be many millionaires in every country from bitcoin

truthstalker

full member

Activity: 136

Merit: 100

I don't see why not. I'm not sure if we'll see that increase in two years but I think its possible to reach that when bitcoin is a lot more limited.

salihno71

sr. member

Activity: 420

Merit: 250

No. 20k$ in two years is way too optimistic. And 15k$ for Ethereum is straight impossible. As there is a saying in those parts ow the world: paper (in this case internet) can withstand anything.

7xminer

newbie

Activity: 30

Merit: 0

Nothing is impossible. But people with a lot of eye balls (popular people) are saying this to get more people into Bitcoin. This is the other part of the game. Some says that it will crash and turn it into ashes to create FUD and buy cheap. So you have both sides here with this kind of statement.

Topic: This guy predicts bitcoin to be $20,000 in 2 years. What do you think? - page 15. (Read 6043 times)