Most likely it will not happen next year, but in the next 5 years it should.
The price of bitcoin will not increase by $ 50,000 next year or even 5 years, As more and more things have to be done, as more stores to adopt bitcoin, people are aware of how to use crypto currency especially bitcoin. Because it will have a huge impact on the price of bitcoin in the future.
Topic: This Is Why Bitcoin Price Could Hit $55,000 Next Year: Crypto Zombie in Trader’s (Read 541 times)
December 25, 2019, 11:34:52 PM
December 16, 2019, 11:53:07 AM
Most likely it will not happen next year, but in the next 5 years it should.
The price of bitcoin will not increase by $ 50,000 next year or even 5 years, As more and more things have to be done, as more stores to adopt bitcoin, people are aware of how to use crypto currency especially bitcoin. Because it will have a huge impact on the price of bitcoin in the future.next year yes i wont believe it because that is short for adoption as we all know that bitcoin is hard to learn and people needs to decide first if they agreed on the terms that bitcoin can give but in the next 5 years yes maybe becuase 5 years i already a long time for adoption and learning bitcoin .
by that time we can say that almost 99 and up percent of the population are now involved on btc in which the value of btc can potentially end up 55k or more than this .
December 16, 2019, 10:57:33 AM
Most likely it will not happen next year, but in the next 5 years it should.
The price of bitcoin will not increase by $ 50,000 next year or even 5 years, As more and more things have to be done, as more stores to adopt bitcoin, people are aware of how to use crypto currency especially bitcoin. Because it will have a huge impact on the price of bitcoin in the future. December 15, 2019, 06:29:18 AM
It's November 2019 and the price is $ 8000. We couldn't get above $ 14000. we are far from $ 20,000. I wonder:
Why can people be so optimistic that they'll think of $ 55,000 next year when we're not even $ 20,000? I'm not seeing where there is a lot of demand for the price to reach $ 55,000? halving will create a pump, but I believe the price could reach $ 17000 to $ 25000. $ 55,000 is very exaggerated
Why can people be so optimistic that they'll think of $ 55,000 next year when we're not even $ 20,000? I'm not seeing where there is a lot of demand for the price to reach $ 55,000? halving will create a pump, but I believe the price could reach $ 17000 to $ 25000. $ 55,000 is very exaggerated
The guy is not only the one believing that Bitcoin halving will create a pump that will reach about $50k+
A lot of people have been speculating it, even Charles Hwang, the Fund Manager of Lightning Capital Hedger and its so confusing.
I really agree with you though, even if Bitcoin halving affects the price to pump, $50k+ is just exaggeration and unhealthy for the market.
December 13, 2019, 10:08:44 AM
It's November 2019 and the price is $ 8000. We couldn't get above $ 14000. we are far from $ 20,000. I wonder:
Why can people be so optimistic that they'll think of $ 55,000 next year when we're not even $ 20,000? I'm not seeing where there is a lot of demand for the price to reach $ 55,000? halving will create a pump, but I believe the price could reach $ 17000 to $ 25000. $ 55,000 is very exaggerated
Why can people be so optimistic that they'll think of $ 55,000 next year when we're not even $ 20,000? I'm not seeing where there is a lot of demand for the price to reach $ 55,000? halving will create a pump, but I believe the price could reach $ 17000 to $ 25000. $ 55,000 is very exaggerated
The guy is not only the one believing that Bitcoin halving will create a pump that will reach about $50k+
A lot of people have been speculating it, even Charles Hwang, the Fund Manager of Lightning Capital Hedger and its so confusing.
I really agree with you though, even if Bitcoin halving affects the price to pump, $50k+ is just exaggeration and unhealthy for the market.
December 13, 2019, 06:35:12 AM
Because if you remember back in 2012 nobody expect bitcoin to hit $18k in 2018 but it happens so they is heavy tendency that when bitcoin want to raise next it will be more than *2 of what it was in 2018..
You can't compare how Bitcoin was in 2012 to how Bitcoin is today.
In 2012 people were rightfully conservative about Bitcoin and its future. Today the fundamentals are looking so strong that it's hard to think of a scenario where the price won't reach $100,000 and levels way higher. Doubters will be left behind thinking about how they could have bought and accumulated all that wealth but didn't because they were too conservative.
In fact, I find it seriously irresponsible for people to not have exposure to Bitcoin. How risky is it to have a 1-2% allocation to Bitcoin? At worst you'll lose 1-2% but the more likely outcome is that such allocation will help you easily outperform inflation for many years and that without doing anything. People lose way more than that on a "fun" trip to Vegas.
December 13, 2019, 05:10:23 AM
Most likely it will not happen next year, but in the next 5 years it should.
You are very correct, I so much believe this will happen it might take. Because if you remember back in 2012 nobody expect bitcoin to hit $18k in 2018 but it happens so they is heavy tendency that when bitcoin want to raise next it will be more than *2 of what it was in 2018..
November 13, 2019, 10:34:58 AM
Been around in Bitcoinland for quite a while. Bitcoin will amaze you with the drops and it will amaze you with it's ATH.
Once we go past the halving we will for sure pass the $20000 mark and $55000 isn't too much higher.
Even this year we have seen 140% rises and 40% drops in days. Give us a few of those rises and some FOMO and we could get up to 6 digits before dropping back.
With the long years in bitcoinland as you said, can recommend any expert that has high accuracy in price prediction in any social media on bitcoin especially, most especially twitter?Once we go past the halving we will for sure pass the $20000 mark and $55000 isn't too much higher.
Even this year we have seen 140% rises and 40% drops in days. Give us a few of those rises and some FOMO and we could get up to 6 digits before dropping back.
nobody!
it has been said a million times before, experts don't waste their time on social media making predictions and publishing them for people to read. experts (the real ones not the self claimed idiots) go to the market and use their own speculation to make profit. only those who either want to scam others or manipulate them to make profit elsewise spread their guesses on social media.
+1
There are many so-called experts. None of them are accurate.
As in my statement I can only say that you will be amazed at it's fluctuating nature. If you wait long enough, you will make major profits and get dragged through the shit...
Play your cards right and buying low and selling high is not that hard. As long as you look at BTC in the long term...
November 13, 2019, 10:29:54 AM
Making videos on youtube about crypto and sounding liking an expert is easy task but they just waste the time of watchers spreading fake news and making false predictions.Do you have any justified reason for btc price to jump to $55k by next year when they are struggling to cross $10k zombie trap.So i would suggest you to avoid such channels who are there just to speculate wrong prices in order to gain subscribers and earn millions by fooling you.Just do your own research and gain profits from the market by doing it yourself.Those who have skills use them don't advertise about them.
November 13, 2019, 08:02:01 AM
Been around in Bitcoinland for quite a while. Bitcoin will amaze you with the drops and it will amaze you with it's ATH.
Once we go past the halving we will for sure pass the $20000 mark and $55000 isn't too much higher.
Even this year we have seen 140% rises and 40% drops in days. Give us a few of those rises and some FOMO and we could get up to 6 digits before dropping back.
With the long years in bitcoinland as you said, can recommend any expert that has high accuracy in price prediction in any social media on bitcoin especially, most especially twitter?Once we go past the halving we will for sure pass the $20000 mark and $55000 isn't too much higher.
Even this year we have seen 140% rises and 40% drops in days. Give us a few of those rises and some FOMO and we could get up to 6 digits before dropping back.
nobody!
it has been said a million times before, experts don't waste their time on social media making predictions and publishing them for people to read. experts (the real ones not the self claimed idiots) go to the market and use their own speculation to make profit. only those who either want to scam others or manipulate them to make profit elsewise spread their guesses on social media.
November 13, 2019, 06:26:30 AM
It's November 2019 and the price is $ 8000. We couldn't get above $ 14000. we are far from $ 20,000. I wonder:
Why can people be so optimistic that they'll think of $ 55,000 next year when we're not even $ 20,000? I'm not seeing where there is a lot of demand for the price to reach $ 55,000? halving will create a pump, but I believe the price could reach $ 17000 to $ 25000. $ 55,000 is very exaggerated
It's an assumptions which tough to reach from how we see things right now. Though there's always surprises from the market and once the whalesWhy can people be so optimistic that they'll think of $ 55,000 next year when we're not even $ 20,000? I'm not seeing where there is a lot of demand for the price to reach $ 55,000? halving will create a pump, but I believe the price could reach $ 17000 to $ 25000. $ 55,000 is very exaggerated
play the game who knows how high the price can go. Keep the sentiment high and let the investors to buy and hold so value will find new barrier and
if the market movement start to rise back. We will see how things will be after the halving.
Crypto is still a 'risk-on' asset. This means people are willing to push money into crypto as a speculative investment when everything else in the economy is moving along swimmingly.
Larger players tend to go 'risk-off' during recessions and thus capital will likely be constricted for investments like Bitcoin.
Some of the sound money, Austrian economic, libertarian zealots (I have a foot in this camp) will make a case for an economic collapse being a watershed moment for Bitcoin - a chance for Bitcoin to subsume the dirty fiat system and bury the unscrupulous banksters who have a stronghold on the economy. I'm in the same boat.
The above is my opinion - in the long view, no one knows for sure how Bitcoin will perform in a recession simply because we've only ever known Bitcoin during an equities bull market - one that seems to continue marching along unimpeded and fueled by continual rate cuts and other intervention strategies.
November 13, 2019, 04:01:58 AM
It's November 2019 and the price is $ 8000. We couldn't get above $ 14000. we are far from $ 20,000. I wonder:
Why can people be so optimistic that they'll think of $ 55,000 next year when we're not even $ 20,000? I'm not seeing where there is a lot of demand for the price to reach $ 55,000? halving will create a pump, but I believe the price could reach $ 17000 to $ 25000. $ 55,000 is very exaggerated
It's an assumptions which tough to reach from how we see things right now. Though there's always surprises from the market and once the whalesWhy can people be so optimistic that they'll think of $ 55,000 next year when we're not even $ 20,000? I'm not seeing where there is a lot of demand for the price to reach $ 55,000? halving will create a pump, but I believe the price could reach $ 17000 to $ 25000. $ 55,000 is very exaggerated
play the game who knows how high the price can go. Keep the sentiment high and let the investors to buy and hold so value will find new barrier and
if the market movement start to rise back. We will see how things will be after the halving.
November 13, 2019, 03:30:01 AM
If you’ve ever watched Bitcoin-related videos on YouTube, you’ve probably gotten to know K-Dub. K-Dub is a 32-year-old from New York who broadcasts live each day on his popular channel Crypto Zombie.
Without a doubt, Crypto Zombie is one of the most popular channels around, with an astonishing number of over 90,000 subscribers as of writing this. Every night you can meet him on YouTube, and when I write ‘meet him,’ this really describes his attitude toward his thousands of loyal followers.
K-Dub’s daily streams combine aspects of technical and fundamental analysis. He analyzes the Bitcoin charts while speaking about the day-to-day crypto news.
Please do visit this link for complete information: https://cryptopotato.com/bitcoin-price-could-hit-55000-next-year-crypto-zombie/
I have not seen the video channel but if he predicts the value of the price, I remember the predictions from the people below, many people believe and quite a number of followers, so this youtube channel is still fairly few Without a doubt, Crypto Zombie is one of the most popular channels around, with an astonishing number of over 90,000 subscribers as of writing this. Every night you can meet him on YouTube, and when I write ‘meet him,’ this really describes his attitude toward his thousands of loyal followers.
K-Dub’s daily streams combine aspects of technical and fundamental analysis. He analyzes the Bitcoin charts while speaking about the day-to-day crypto news.
Please do visit this link for complete information: https://cryptopotato.com/bitcoin-price-could-hit-55000-next-year-crypto-zombie/
@APompliano failed https://twitter.com/APompliano/status/945020961421758466
@Anonymous failed
@officialmcafee soon
https://twitter.com/officialmcafee/status/935900326007328768
I have written it here too, I will add it to my thread later, if the prediction fails
November 13, 2019, 02:55:11 AM
It's November 2019 and the price is $ 8000. We couldn't get above $ 14000. we are far from $ 20,000. I wonder:
Why can people be so optimistic that they'll think of $ 55,000 next year when we're not even $ 20,000? I'm not seeing where there is a lot of demand for the price to reach $ 55,000? halving will create a pump, but I believe the price could reach $ 17000 to $ 25000. $ 55,000 is very exaggerated
well nothing could be say about the price of bitcoin may be his prediction is true or may be false but you are right that $55k is too much exaggeration about the price of bitcoin, if people are in the hope of halving then we could say that the price will reach high may be $30k or above, but if $55k in the end of next year happened then it would be great.
November 13, 2019, 02:35:42 AM
It's November 2019 and the price is $ 8000. We couldn't get above $ 14000. we are far from $ 20,000. I wonder:
Why can people be so optimistic that they'll think of $ 55,000 next year when we're not even $ 20,000? I'm not seeing where there is a lot of demand for the price to reach $ 55,000? halving will create a pump, but I believe the price could reach $ 17000 to $ 25000. $ 55,000 is very exaggerated
Why can people be so optimistic that they'll think of $ 55,000 next year when we're not even $ 20,000? I'm not seeing where there is a lot of demand for the price to reach $ 55,000? halving will create a pump, but I believe the price could reach $ 17000 to $ 25000. $ 55,000 is very exaggerated
November 12, 2019, 11:12:46 PM
The complete opposite of actual technical analysis, just from looking at 2-3 minutes of his "analysis" it looks very biased and most of his videos just include him emotionally rambling.
He just seems like a cool and presentable guy, perfect for advertisers = his channel gets pushed out to other viewers = he eventually turns some of them into subscribers and fans.
Don't trust any TA related to Bitcoin, it's impossible to predict and the people who think they have cracked the formula are just fools.
He just seems like a cool and presentable guy, perfect for advertisers = his channel gets pushed out to other viewers = he eventually turns some of them into subscribers and fans.
Don't trust any TA related to Bitcoin, it's impossible to predict and the people who think they have cracked the formula are just fools.
November 12, 2019, 05:02:28 PM
one more last i want told u , whoever that person ,if talk about price prediction , i wont to believe it.
its just a trend u know , he watching some video from other person, then he make own speculation by himself.
but well, one words i like from him is :
"Never invest in something that you don’t actually understand. Never buy into an altcoin simply because your favorite crypto YouTuber (this includes me) or analyst won’t stop talking about it"
that words meaning "dont you try to believe 100% about speculation price,whoever is it".
its just a trend u know , he watching some video from other person, then he make own speculation by himself.
but well, one words i like from him is :
"Never invest in something that you don’t actually understand. Never buy into an altcoin simply because your favorite crypto YouTuber (this includes me) or analyst won’t stop talking about it"
that words meaning "dont you try to believe 100% about speculation price,whoever is it".
November 12, 2019, 03:14:40 PM
Been around in Bitcoinland for quite a while. Bitcoin will amaze you with the drops and it will amaze you with it's ATH.
Once we go past the halving we will for sure pass the $20000 mark and $55000 isn't too much higher.
Even this year we have seen 140% rises and 40% drops in days. Give us a few of those rises and some FOMO and we could get up to 6 digits before dropping back.
With the long years in bitcoinland as you said, can recommend any expert that has high accuracy in price prediction in any social media on bitcoin especially, most especially twitter? Once we go past the halving we will for sure pass the $20000 mark and $55000 isn't too much higher.
Even this year we have seen 140% rises and 40% drops in days. Give us a few of those rises and some FOMO and we could get up to 6 digits before dropping back.
November 12, 2019, 02:40:06 PM
It’s crypto, so literally anything is possible, especially with the recent uptrend, but there is no reason for me to say it could hit $50,000. Bitcoin is $8,800 each now, and 158 billion dollars in total. If each bitcoin hit $50,000, it means it will rise nearly 5.5 times. the total price will be 870 billion dollars. Hence Bitcoin will need nearly 700 billion dollars to hit $50,000. It is a large number and there possibly is a financial crisis recently, even though 2020 is expected to be the bull market, but I do not think the price can hit $50,000, it needs too much money to achieve this goal.
November 12, 2019, 11:37:37 AM
I don’t see much off the reality in it because I have not seen much factor that could trigger bitcoin to rise to that value next year except that of halving and when it comes to the halving of bitcoin, I think that the highest that I see bitcoin growing to is something around $28500 which is not a bad choice of investment for anyone.
At that value, the people that bought bitcoin when the price was at $19k in that last bull run will benefit and recover their money while the people that made investment this period will also benefit, so that value is more of feasible to me. For bitcoin to reach that $55k, you need to look at the system first and see if bitcoin is going to grow to trillion in marketcap, because that is the only marketcap that can make bitcoin to surge to that $55k.
At that value, the people that bought bitcoin when the price was at $19k in that last bull run will benefit and recover their money while the people that made investment this period will also benefit, so that value is more of feasible to me. For bitcoin to reach that $55k, you need to look at the system first and see if bitcoin is going to grow to trillion in marketcap, because that is the only marketcap that can make bitcoin to surge to that $55k.
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