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Topic: TIME FRAME TO REACH $25,000 - page 8. (Read 2255 times)

sr. member
Activity: 344
Merit: 250
December 07, 2017, 05:27:32 AM
#41
To do it, you may a) use exponent to fit existing data and project or b) use fibo circles to calculate timing
sr. member
Activity: 616
Merit: 252
December 06, 2017, 09:05:21 PM
#40
Coupled with the rate at which the price of bitcoin has been increasing lately. I'd like to know how long it would take bitcoin to reach $25k since it took it just a year to rise from $1k to $10k(which was pretty cool and fast) but I doubt if it can rise as fast as that again

I think you should move this topic to speculation board https://bitcointalk.org/index.php?board=57.0

Anyway, There is a possibility that $25k would be reach within six months because demand is so strong right now but maybe there is someone pushing it hard up before the bitcoin futures is launch. The rate has been increasing so fast in the past weeks it makes me nervous how low would the price be when the correction comes. We are approaching $15k now and maybe it will be reach or not this year depending on the whales and maybe some circumstances that may turn the table around. Well if the time comes when it goes down, I'll make sure to scoop some for long term investment.
full member
Activity: 364
Merit: 123
December 06, 2017, 08:51:32 PM
#39
Coupled with the rate at which the price of bitcoin has been increasing lately. I'd like to know how long it would take bitcoin to reach $25k since it took it just a year to rise from $1k to $10k(which was pretty cool and fast) but I doubt if it can rise as fast as that again

I doubt that this rate is sustainable. It would mean two orders of magnitude rise in two consecutive years, more than $100k by the end of 2018. It is not impossible, but very unlikely. However, doubling of the price (followed by corrections and plateaus) can happen in a single month. It's impossible to predict, but I think it can easily happen within the next year.
We are hopeful that bitcoin will continue sustain its price for a long time. To me if  bitcoin price will continue increasing its price with the same ration then we can expect that bitcoin price will rachto 25000 in next one year, in the end of 2018 we can expect that the price of bitcoin will even 2500$ in next 12 months.

I'm having similar concerns, I'm hoping this is just off the back of futures opening up and it will stop in the next few days and some normality will be restored. 20% increases in one day is not good for anybody, it may seem so but long term it will hurt bitcoin as this growth cannot be sustained.
newbie
Activity: 56
Merit: 0
December 06, 2017, 08:26:51 PM
#38
I bet bitcoin will go to $25k before Christmas or max before 2018
Sold my stocks and bought 10 BTC today.I will not wait for $25k,but will sell for $18k next Friday !
member
Activity: 198
Merit: 10
December 06, 2017, 08:20:29 PM
#37
If bitcoin can go up $7k in just 3 months then $25k will be reach after 9 months.
Mid of 2018 bitcoin is worth more than $25k,  so better hodl  and wait for that wonderful moment.
hero member
Activity: 700
Merit: 500
December 06, 2017, 06:55:55 PM
#36
Coupled with the rate at which the price of bitcoin has been increasing lately. I'd like to know how long it would take bitcoin to reach $25k since it took it just a year to rise from $1k to $10k(which was pretty cool and fast) but I doubt if it can rise as fast as that again

I doubt that this rate is sustainable. It would mean two orders of magnitude rise in two consecutive years, more than $100k by the end of 2018. It is not impossible, but very unlikely. However, doubling of the price (followed by corrections and plateaus) can happen in a single month. It's impossible to predict, but I think it can easily happen within the next year.
We are hopeful that bitcoin will continue sustain its price for a long time. To me if  bitcoin price will continue increasing its price with the same ration then we can expect that bitcoin price will rachto 25000 in next one year, in the end of 2018 we can expect that the price of bitcoin will even 2500$ in next 12 months.
legendary
Activity: 3122
Merit: 2178
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December 06, 2017, 06:07:45 PM
#35
Bitcoin is gaining a lot of attention for breaking the 10.000$ barrier. This is causing new investors to flock to the markets, which in turn gives higher volume and price. Speculative assets like Bitcoin's price is driven by volume, and a higher volume usually gives higher price. If we assume that this effect is exponential, which I think is fair, then 25.000 should be not very far away. I'm thinking 2018, actually.

January 2018, from the looks of it right now.

It seems like the market has discarded any bit of sanity left and is going batshit insane. That's going to be one bumpy ride once the market sobers up, let's see if USD 10,000,- holds once correction comes.
member
Activity: 106
Merit: 100
December 06, 2017, 04:46:56 PM
#34
Bitcoin is gaining a lot of attention for breaking the 10.000$ barrier. This is causing new investors to flock to the markets, which in turn gives higher volume and price. Speculative assets like Bitcoin's price is driven by volume, and a higher volume usually gives higher price. If we assume that this effect is exponential, which I think is fair, then 25.000 should be not very far away. I'm thinking 2018, actually.
legendary
Activity: 3122
Merit: 1398
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December 06, 2017, 04:31:35 PM
#33
Coupled with the rate at which the price of bitcoin has been increasing lately. I'd like to know how long it would take bitcoin to reach $25k since it took it just a year to rise from $1k to $10k(which was pretty cool and fast) but I doubt if it can rise as fast as that again

You won't get an answer here because no one knows. If we will just based on the current price behaviour, with continous movement without a dip or retrace, then even next week you can see that price. But wait, that's is "IF" and again only a speculation. There are analysis with good strong and basis but that is based on the chart readings which is sometimes not applicable to bitcoin price movement.

Just do what you can in order to take advantage of the current price movement. It wil just give you a headache if you will still think when is that $25,000 will happen.
hero member
Activity: 1344
Merit: 565
December 06, 2017, 04:02:34 PM
#32
Coupled with the rate at which the price of bitcoin has been increasing lately. I'd like to know how long it would take bitcoin to reach $25k since it took it just a year to rise from $1k to $10k(which was pretty cool and fast) but I doubt if it can rise as fast as that again
According to present progression in bitcoin trend we can predict it will hit $25k with in the end of 2018.
There are many legends in finance sectors are planning to involve in crypto currency market and investments. So i don't have any doubts on hitting the moon.

https://www.cryptocoinsnews.com/billionaire-hedge-fund-legend-bitcoin-price-will-reach-40000-2018/
legendary
Activity: 896
Merit: 1000
December 06, 2017, 03:26:29 PM
#31
Coupled with the rate at which the price of bitcoin has been increasing lately. I'd like to know how long it would take bitcoin to reach $25k since it took it just a year to rise from $1k to $10k(which was pretty cool and fast) but I doubt if it can rise as fast as that again
The road could not as long as we think if the target is a price of 20 000 k, it could be possible in one year and half, and i don't have an optimistic character.
legendary
Activity: 3164
Merit: 1127
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December 06, 2017, 03:07:20 PM
#30
Today Bitcoin rose by more than 10%. At this rate, we are going to breach the $25,000 per coin mark before the end of this month. I am not joking... The next major resistance level is going to be at $25,000 per coin. Those who were planning to sell their coins have already done that, at 10K levels.

if this happens we will have many new rich, thanks to bitcoin


Japan: SBI To Launch Crypto Exchange, Partners With Huobi
Big Fish Entering Bitcoin Waters: All Eyes on December 10 and 18
Private Airline Surf Air Accepts Bitcoin and Ethereum
Tokyo Financial Exchange to Begin Planning for BTC Futures
Hedge Funds May Use Futures To Trade Against Bitcoin

There are many news coming and besides that good news that are coming we still have the free coins that are to come... in the future we will probably see the $25000

My best guess put's Bitcoin being at $25k/coin towards the end of 2018, early 2019.

I also think so, have many overly optimistic forecasts and many are exaggerated, so we have to be cautious









full member
Activity: 233
Merit: 106
The Operating System for DAOs
December 06, 2017, 03:06:00 PM
#29
Coupled with the rate at which the price of bitcoin has been increasing lately. I'd like to know how long it would take bitcoin to reach $25k since it took it just a year to rise from $1k to $10k(which was pretty cool and fast) but I doubt if it can rise as fast as that again

Well yeah it likely won't 10x or 12x next year Bitcoin won't but this doesn't mean that 25k can't come in Q1 of 2018. Infact I am expecting this bull run to surge a bit longer and I think 25k will occur before Q2 has happened. I am not as bullish as McAfee or the other fellow but I still believe next year will be another breakout year for BTC.
full member
Activity: 336
Merit: 102
December 06, 2017, 01:56:57 PM
#28
Coupled with the rate at which the price of bitcoin has been increasing lately. I'd like to know how long it would take bitcoin to reach $25k since it took it just a year to rise from $1k to $10k(which was pretty cool and fast) but I doubt if it can rise as fast as that again

I doubt that this rate is sustainable. It would mean two orders of magnitude rise in two consecutive years, more than $100k by the end of 2018. It is not impossible, but very unlikely. However, doubling of the price (followed by corrections and plateaus) can happen in a single month. It's impossible to predict, but I think it can easily happen within the next year.
legendary
Activity: 1372
Merit: 1123
December 06, 2017, 01:52:52 PM
#27
Coupled with the rate at which the price of bitcoin has been increasing lately. I'd like to know how long it would take bitcoin to reach $25k since it took it just a year to rise from $1k to $10k(which was pretty cool and fast) but I doubt if it can rise as fast as that again

You have to remember that bitcoin has been actively climbing in price for almost 10-years at this point and we're half-way to your $25k mark; It could take another 8-years if it takes as long as it did from the start to climb up another 1/2 off the price you'd like to see it at. Bitcoin is super touchy though and has surprising spikes, so I doubt we're looking at another 8-years, not even another 3. My best guess put's Bitcoin being at $25k/coin towards the end of 2018, early 2019.

The only way bitcoin climbs that high to begin with though, is if it avoids any pitfalls that would bee significant enough to knock bitcoin off-course. Anything that drives investors, interest or transactions away from bitcoin is going to slow down the trend and worst case scenario, even reverse it. If you think that bitcoin doesn't have the potential to shoot up the way it has in the past, I would ask you to reconsider that position, because it certainly has the room to grow, look at comparable market caps and you'll see we're barely getting the growing pains started.

Developers have a lot of responsibility to keep this train rolling, wish them luck or we'll never see $25k per coin or mass adoption.
hero member
Activity: 714
Merit: 500
December 06, 2017, 01:06:56 PM
#26
Coupled with the rate at which the price of bitcoin has been increasing lately. I'd like to know how long it would take bitcoin to reach $25k since it took it just a year to rise from $1k to $10k(which was pretty cool and fast) but I doubt if it can rise as fast as that again
I hope that it would take almost eight to twelve months to reach that price.One of the reason is the interest which wall street companies show nowadays in bitcoin.Another reason is people have understood well that neither BCH nor any other forked coin could be considered as threat to bitcoin.Also,the high media exposures acts as adding fuel to the fire.                                           
full member
Activity: 350
Merit: 106
December 06, 2017, 12:29:19 PM
#25
I have no doubt that the price will reach the above-mentioned $ 25,000 in the next couple of months as the market has attracted more and more participants inspired by the unstoppable bitcoin price growth. The very interesting thing to see the opposite direction move or even a number of consecutive moves (sharp and significant drops) and to assess system resistance as it provides insights on long-term market investment attractiveness.
hero member
Activity: 1666
Merit: 629
December 06, 2017, 12:03:32 PM
#24
In my opinion at 12.2018 Bitcoin will brake 25.000 USD dam.
full member
Activity: 378
Merit: 100
December 06, 2017, 12:00:38 PM
#23
I guess it won't take long to get to $25k, i think 1 year enough to get it. Forget the time it takes Bitcoin from $1 up to $ 10k, because now Bitcoins has a lot of supporters. Particularly this year a lot of things that interest the media about Bitcoin used as a means of exchange hackers in the sale of computer lock downs or how Bitcoins banned in some countries. This is interesting, because with more and more published in various media, more and more people are learning Bitcoins and invest.
sr. member
Activity: 294
Merit: 252
December 06, 2017, 11:37:16 AM
#22
By the pace the bitcoin price is going up,I think it will reach $25k in no time..some analysts are speculating that bitcoin price may reach $1 million in next 10 years
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