Thomas Glucksman: Bitcoin could reach 50k$ by December of 2018! - page 2.

Ultegra134

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Quote from: Xester on April 02, 2018, 08:25:49 AM

Thomas Glucksman, a head of APAC business development at cryptocurrency exchange Gatecoin said that bitcoin could hit 50k$ at the end of 2018. Likewise, Mick Sherman, co-founder and CEO of Hercules Tech said that cryptocurrencies will grow big this year.

Those statements are overwhelming, it may sounds bullish but somehow there has truth in it.

http://business.inquirer.net/246286/bitcoin-hit-50000-end-2018

Okay, it might have a dose of truth on his sayings, however, people are getting overly hyped with Bitcoin and all these predictions, there are literally more than 10 articles of similar content popping up every 2-3 days. How can people be so optimistic? It's perfectly okay to predict and be positive that the price levels are going to rise but $50k by December? These prices are unrealistic, at least for today's standards, just because these high prices are spammed all over the internet, people seem to believe them, especially when coming from someone who has been on the scene for a while.

MrCrank

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Quote from: Xester on April 02, 2018, 08:25:49 AM

Thomas Glucksman, a head of APAC business development at cryptocurrency exchange Gatecoin said that bitcoin could hit 50k$ at the end of 2018. Likewise, Mick Sherman, co-founder and CEO of Hercules Tech said that cryptocurrencies will grow big this year.

Those statements are overwhelming, it may sounds bullish but somehow there has truth in it.

http://business.inquirer.net/246286/bitcoin-hit-50000-end-2018

OMG! 50K usd is not bad

I'm glad to hear this.
Also I think Thomas Glucksman know what said.
It's reason for holding BTC

Bervelukan

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I am very happy with the claim that bitcoin will grow to 50k $ in 2018, and I would welcome by buying bitcoins at a cheap price today.

timerland

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Quote from: Xester on April 02, 2018, 08:25:49 AM

Thomas Glucksman, a head of APAC business development at cryptocurrency exchange Gatecoin said that bitcoin could hit 50k$ at the end of 2018. Likewise, Mick Sherman, co-founder and CEO of Hercules Tech said that cryptocurrencies will grow big this year.

Those statements are overwhelming, it may sounds bullish but somehow there has truth in it.

http://business.inquirer.net/246286/bitcoin-hit-50000-end-2018

I don't doubt the fact that bitcoin will continue its general trajectory of going up for the next few decades, because of factors like increasing adoption and inflation of fiat currencies, while bitcoin's supply stays the same.

But it's definitely still bearish this year. Despite the pump that we saw late last week, it's simply not enough to reverse the bearish trend.

IMO, prices will most likely stay put or even continue to decrease throughout the year. The ceiling for price growth is quite low for the year. I think it's most likely around $12k, where the resistance was the strongest and at which level the bear market was kickstarted. I don't expect any all time highs to be broken, let alone bitcoin going to $50k. So take that article with a grain of salt, I guess.

But again, that's not saying bitcoin doesn't have a future in the long term. It definitely does, and it's a huge future.

SUDARMONO

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I also believe that bitcoin will grow bigger this year, and many people are always waiting for the price you are referring to, that is 50k. I hope as soon as possible.

john_nautica

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actually I do not believe in a prediction, they just say a less basic statement based on data. but sometimes it can come true and we have to believe it. so I think this is great news if it comes true.

jayco25

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Quote from: Xester on April 02, 2018, 08:25:49 AM

Thomas Glucksman, a head of APAC business development at cryptocurrency exchange Gatecoin said that bitcoin could hit 50k$ at the end of 2018. Likewise, Mick Sherman, co-founder and CEO of Hercules Tech said that cryptocurrencies will grow big this year.

Those statements are overwhelming, it may sounds bullish but somehow there has truth in it.

http://business.inquirer.net/246286/bitcoin-hit-50000-end-2018

Prediction is a method of giving opinion that is possible happen in the future. It can be true and it may also be wrong because the prediction is not really a good basis that can possibly happen 100%. Of course, the price of bitcoin will rise the better but we do not expect too much.

#Taklimakan

Hui8

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Quote from: Xester on April 02, 2018, 08:25:49 AM

Thomas Glucksman, a head of APAC business development at cryptocurrency exchange Gatecoin said that bitcoin could hit 50k$ at the end of 2018. Likewise, Mick Sherman, co-founder and CEO of Hercules Tech said that cryptocurrencies will grow big this year.

Those statements are overwhelming, it may sounds bullish but somehow there has truth in it.

http://business.inquirer.net/246286/bitcoin-hit-50000-end-2018

Intersting article but it doesn't tell us how this will happen. I mean they are just comparing the whole scenario with what happened in the last year's prediction and how bitcoin started growing over the time. However, lets spread the egg and do the positive talking about bitcoin getting spiked this year too.

I am believer of time. With the time the cyclic changes will do happen with the bitcoin. Due to low cost bitcoin will get more investors and they will flood the investment into it causing its value to go upwards. Now this is really natural thing to happen and in the long run market will have so much that it will grow eventually. So lets stick to it and hope that this turns out to be true.

zhekinsp

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Quote from: Xester on April 02, 2018, 08:35:02 AM

Quote from: zhekinsp on April 02, 2018, 08:30:43 AM

Quote from: Xester on April 02, 2018, 08:25:49 AM

Thomas Glucksman, a head of APAC business development at cryptocurrency exchange Gatecoin said that bitcoin could hit 50k$ at the end of 2018. Likewise, Mick Sherman, co-founder and CEO of Hercules Tech said that cryptocurrencies will grow big this year.

Those statements are overwhelming, it may sounds bullish but somehow there has truth in it.

http://business.inquirer.net/246286/bitcoin-hit-50000-end-2018

Yes everyone thinks that is possible at Dec 2017 but now the condition is little bit worse because the price dropped to one third part from december price but still it looks like following the old price chart so if that price fallows throught this year then more than $50K is possible.Hope so it will happen.

Thanks for the comment sir. Though at this point of time that bitcoin is at dip there is only a shallow hope that we can have that value but if the increase started to appear then it will be unstoppable and we will be seing another history in the price of bitcoin. We just need to stay positive and wait for bitcoin to reach that value, if not for this year then maybe next year.

Yes,we just need that price bump which is enough to convince the investors to invest on to bitcoin again then the price will keep moving all we have to do is keep hold our bitcoin and let other to do the same.

henry 94

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Awesome, I always hope the bitcoin price will reach the 50k mark, but to do that I think it will take a long time, will need to be accepted by many governments to pay by BTC, at that amount of capital poured in to push the price of BTC up

13abyknight

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Quote from: Xester on April 02, 2018, 08:43:13 AM

Quote from: 13abyknight on April 02, 2018, 08:39:00 AM

Quote from: Xester on April 02, 2018, 08:25:49 AM

-snip-

Honestly, I've had enough of these *insert big name here* trying to foresee the price of Bitcoin. There isn't a prediction market going on around here so they can stop giving out predictions like this already.
With that said, everything is possible with the price of Bitcoin. Right now we're close to 7k and could reach as high as 25k just on a bullish April run while more impositions through the G20 summit could see the prices plummet once again.

It may sound bad to you sir but it is one way of uplifting the spirit of those who are into the bitcoin industry. In the face of those negative news on bitcoin that is flooding the market it is of need to also post the positive comments coming from big people. This may uplift the spirit of bitcoin holders who suffered huge losses due to the price drop. Those words of Thomas may be bullish but it can give hope to some bitcoin holders.

This isn't about sounding good or bad but what I'm trying to say is that in this world of decentralisation, individuals should be highly decisive with what they wish to do and should not be brought under a delusion by these so called 'big people'.
What if all of these big people that you refer to, collaborate together and go on an all out attack on cryptos, denouncing it to be a fraud and a bubble? Would you still take their negative stance into consideration and sell all your holdings?

GideonGono

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Quote from: Xester on April 02, 2018, 08:25:49 AM

Thomas Glucksman, a head of APAC business development at cryptocurrency exchange Gatecoin said that bitcoin could hit 50k$ at the end of 2018. Likewise, Mick Sherman, co-founder and CEO of Hercules Tech said that cryptocurrencies will grow big this year.

Those statements are overwhelming, it may sounds bullish but somehow there has truth in it.

http://business.inquirer.net/246286/bitcoin-hit-50000-end-2018

Well i like the optimistic of that article and what i just read is just a theory or a prediction which it can be true or false. But technically it would positively reach 50 k , more prices is expected though.

khelan

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i think thomas glucksman referring 2017 graph which is very successive year of crypto and bitcoin. but in 2018 time and situation is change. so it is hard to say. only time will tell the price of bitcoin lets wait for 2018 december.

Tnt1971

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Quote from: Xester on April 02, 2018, 08:25:49 AM

Thomas Glucksman, a head of APAC business development at cryptocurrency exchange Gatecoin said that bitcoin could hit 50k$ at the end of 2018. Likewise, Mick Sherman, co-founder and CEO of Hercules Tech said that cryptocurrencies will grow big this year.

Those statements are overwhelming, it may sounds bullish but somehow there has truth in it.

http://business.inquirer.net/246286/bitcoin-hit-50000-end-2018

I can believe it deeply.it could be possible this year end. At the end point of year 2017 bitcoin price hited upon at $19000+ .so I seriously think that bitcoin price will hit again $ 50ks in December 2018.

bigdude

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unbelievable almost people now waiting bitcoin back 8k as it should bring a uptrend signals for them to continue believe in the crypto economic. Once it hit 10k almost people waiting to dump while they bough it so high.
Hope we can see stable at around 10k till end of 2018

Cryptoman69

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Quote from: Xester on April 02, 2018, 08:25:49 AM

Thomas Glucksman, a head of APAC business development at cryptocurrency exchange Gatecoin said that bitcoin could hit 50k$ at the end of 2018. Likewise, Mick Sherman, co-founder and CEO of Hercules Tech said that cryptocurrencies will grow big this year.

Those statements are overwhelming, it may sounds bullish but somehow there has truth in it.

http://business.inquirer.net/246286/bitcoin-hit-50000-end-2018

Just an early statements for now to credit another speculation. It may be believed that once the price of bitcoin reaches again on the highest level as in the previous year of 2017, most of that was another early news.

cryptohunter

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this is the final hold down for btc I think.... the next time it really moons and there is widespread adoption and regulation there will be no more cheap BTC

ityandsyn

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Quote from: Xester on April 02, 2018, 08:25:49 AM

Thomas Glucksman, a head of APAC business development at cryptocurrency exchange Gatecoin said that bitcoin could hit 50k$ at the end of 2018. Likewise, Mick Sherman, co-founder and CEO of Hercules Tech said that cryptocurrencies will grow big this year.

Those statements are overwhelming, it may sounds bullish but somehow there has truth in it.

http://business.inquirer.net/246286/bitcoin-hit-50000-end-2018

When they speaks everybody will listen because they are in position to talk about all these things, and they are not just predicting,they
have a substantial data of their analysis, as the link showed. So this is really overwhelming for btc.
More millionaires coming up at the end of this year.

Eternu

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Don't put too much trust in what other people say, even if they are well known. Because in some cases what they say and what they actually think, are two separated and different things.
Trust only what "you" know and what you can prove to be correct. Because things could go either way, and predictions that goes half a year ahead are not reliable... not a little bit.

infested

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Quote from: Xester on April 02, 2018, 08:25:49 AM

Thomas Glucksman, a head of APAC business development at cryptocurrency exchange Gatecoin said that bitcoin could hit 50k$ at the end of 2018. Likewise, Mick Sherman, co-founder and CEO of Hercules Tech said that cryptocurrencies will grow big this year.

Those statements are overwhelming, it may sounds bullish but somehow there has truth in it.

http://business.inquirer.net/246286/bitcoin-hit-50000-end-2018

I highly doubt that unless big money (banks, funds etc.) enter the market the next few months and really inflate the prices again.

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