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Topic: Who Else is Expecting the Ultimate Rise of Bitcoin? - page 2. (Read 826 times)

sr. member
Activity: 2506
Merit: 368
We should better accumulate more Bitcoin as much as we can if this ultimate price would show up then it would be an instant easy profit. Though the pressure of waiting is something that's not unbearable but if you really want it then you should be willing to wait. No matter how long the length of time that you have to endure in order to get the ultimate price of Bitcoin.
legendary
Activity: 1526
Merit: 1179
Well, we have Bakkt Bitcoin futures trading to launch in September 23. Any moment now we may expect Bitcoin to start a rally. Also, the reward halving is less than a year away.
As far as we know it's just the intention that they have of launching at that day. It wouldn't surprise me if they end up delaying the launch for whatever reason to work on some things in the background.

For such a well respected entity in the financial world as I.C.E they have been quite amateurish with their Bakkt subsidiary. Throwing with launch dates without a CFTC approval was one of their ugliest mistakes.

As for the rally you're expecting to see, we probably have seen the price already have these events priced in. In most cases investors and traders front run events well before they actually take place.
member
Activity: 1302
Merit: 25
If you're short to mid-term minded, then at least wait for the first physical ETF approval. This could be a huge catalyst for the price.

I also think alike for such price to be sustainable, otherwise that kind of price might not come to stay. If that happens, then you see institutional investors buying in and not even bitcoin but altcoins.
legendary
Activity: 2170
Merit: 1427
I see 2020 as a very good year because people who have saved bitcoin as much as they can are sick with price standing still and they will increase price a lot to take their profit.

We have been through a badass bull run this year, who besides get rich quick noobs are sick because the price isn't moving?

Most of the Bitcoiners I know actually like the price to stay relatively stagnant so that they can get more or less the same number of satoshis for their monthly or bi-weekly fiat allocation. It sucks hard when you see the price go up and get fewer and fewer satoshis every single time you enter. The goal is 2030 and beyond for those who really believe in the long term value of Bitcoin.

If you're short to mid-term minded, then at least wait for the first physical ETF approval. This could be a huge catalyst for the price.
legendary
Activity: 3080
Merit: 1353
For now, you can buy Bitcoin at any price and the only way to becoming wealthy is to hold for the long term. Time is coming maybe the next two to three years when you will see Bitcoin above $100,000. We have seen much discussion about Bitcoin now all over the Internet and media's houses are running documentary about bitcoin now than before and all this is going to be transmitted into good price some years from now.

I would say the media is still biased against Bitcoin or crypto in general. This has been the state of crypto journalism, we have seen a lot of not so good news coming from them and not even verifying the source. So I wouldn't factor media as contributory to the cause of crypto rising in the next two to three years. I would say the people around the world see Bitcoin as one good asset that is why up to this year we are still performing better, much better as compare to the altcoin market.
legendary
Activity: 2464
Merit: 1102
For now, you can buy Bitcoin at any price and the only way to becoming wealthy is to hold for the long term. Time is coming maybe the next two to three years when you will see Bitcoin above $100,000. We have seen much discussion about Bitcoin now all over the Internet and media's houses are running documentary about bitcoin now than before and all this is going to be transmitted into good price some years from now.
It is a great idea, but there are still so many opportunities to make money in bitcoin which is not tied to holding alone, even as a trader, if you are dedicated and you are trading with the current value of 1 btc, you could even make more than that $100k before that 3 years, the only thing with holding is that it eases all the tension in trade and all the sitting on computers 24/7 trying to money charts, but if you dent mind, and you have all the important strategies, then trading too can also be a way of making such money.

I am not typically advising against holding because i am also an holder while I do the trading also, it is better to have both because it Is quite even hard to see someone with 1 BC not sell it the moment the price of bitcoin crosses over $20k because they have not forgotten the event if the last bull run.
legendary
Activity: 3654
Merit: 1165
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2020 seem to be the year price increases not because we believe halving would have any affect but because we have seen bitcoin do this before, in 2013 it was low and in 2014 it went super high and 2015 was low year whereas 2016 became a bit better and then 2017 became peak, now the same 2016 was lower than now, 2017 was peak, 2018 was low year and 2019 became bit better and in 2020 it should increase with same logic, then 2021 a bad year, 2022 a bit better and 2023 again another good year. If the cycle continues forever then we will see this continue every 3 years, one bad, one better, one best.

I see 2020 as a very good year because people who have saved bitcoin as much as they can are sick with price standing still and they will increase price a lot to take their profit.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
For now, you can buy Bitcoin at any price and the only way to becoming wealthy is to hold for the long term. Time is coming maybe the next two to three years when you will see Bitcoin above $100,000. We have seen much discussion about Bitcoin now all over the Internet and media's houses are running documentary about bitcoin now than before and all this is going to be transmitted into good price some years from now.

But I guess if we want to sell bitcoin at that price, we need to wait for a long time and I don't think that many people can wait for a long time. But we have so many chances to buy and sell bitcoin at any price and save some bitcoin for a long time. We can use that bitcoin to trade to make a profit, and on another side, we are preparing the bitcoin to be sold at the very highest price in the future. All people who involved in the cryptocurrency wants to see bitcoin price can reach the very highest price. And that price will be out of our expectation because bitcoin can reach any highest price.
sr. member
Activity: 882
Merit: 269
For now, you can buy Bitcoin at any price and the only way to becoming wealthy is to hold for the long term. Time is coming maybe the next two to three years when you will see Bitcoin above $100,000. We have seen much discussion about Bitcoin now all over the Internet and media's houses are running documentary about bitcoin now than before and all this is going to be transmitted into good price some years from now.
legendary
Activity: 1647
Merit: 1012
Practising Hebrew before visiting Israel
Well, we have Bakkt Bitcoin futures trading to launch in September 23. Any moment now we may expect Bitcoin to start a rally. Also, the reward halving is less than a year away.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
The ultimate rise will come after the halving, it may take up to 18 months post halving but it will come. I hope you’re all holding coins ready for the rise.

I'm sure that expectation will be high for the halving but don't be surprised that price might start increasing even before this year runs out. I just saw price below $10,000 now while it was $10,200 few hours ago. Bitcoin is highly unpredictable coin.
It's not a new thing anymore, volatility is part of this industry so who knows what can happen after, there's people who's calling for a big bull to comes up anticipating that it can happen even before the halving comes, if there's more good news to show up before next year's halving then the possibilities that  it can happen and brings the momentum high for higher value will be experience.
sr. member
Activity: 1666
Merit: 276
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The ultimate rise will come after the halving, it may take up to 18 months post halving but it will come. I hope you’re all holding coins ready for the rise.

I'm sure that expectation will be high for the halving but don't be surprised that price might start increasing even before this year runs out. I just saw price below $10,000 now while it was $10,200 few hours ago. Bitcoin is highly unpredictable coin.
During the last time halving we experienced the price grow higher after the days. This time there is good growth happening even before several months. This way the price increase might get carried forward for 2020 or this can happen after the days of halving same as the past. However there is something a big increase in the price is the expectation of majority of the users.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
If Facebook succeeds in Launching Libra, that may also play a part in the ultimate awareness to Cryptocurrency and indeed Bitcoin.
Certainly right on this mate because all we need is exposure and trust from the community outside crypto and with Facebook(Libra coin)people will get to know close about crypto and may learn also the advantage and benefits of bitcoin and alts for the world not only for this community and their fears of being scamming will be out of place
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But as it stands, I don't think Facebook is moving ahead with the project anytime soon due to regulatory frameworks
With the stand of US president Trumo about cryptocurrency specially bitcoin and Libra I think this will take some times before being released
legendary
Activity: 2100
Merit: 1058
I still think 60 thousand dollars is quite possible because 1 trillion dollar market cap for bitcoin is not out of question. That is the
limit for now though, of course with time the price could go up even further but right now I think 60k is what it can max become, all those 100k or so estimates look too much for me, between 60k and 100k there is a lot of money to be made and people would sell their bitcoins and it would be hard to buy because it would require a lot of money to get them.

Hence, I think 60k is very realistic, 1 trillion dollar market cap (it is 55k price point I think but giving it a bit more leeway) is something literally 10% of a nasdaq or that type of stock markets and this is global so reaching those levels shouldn't be that difficult if the whole world starts to join in.
legendary
Activity: 2912
Merit: 1068
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I would very much like for this forecast to come true. However, I do not think that by the end of 2022 we will see bitcoin at a price of $ 100,000. Money supply in dollars is unlikely to grow so fast that, due to inflation, people begin to invest in cryptocurrencies and bitcoin could so rise in price. Moreover, it will not actually be a rise in the price of bitcoin, because the purchasing power for goods and services will also rise.

I don't think Bitcoin will come to 100,000$ price especially not so soon. In fact I find such prediction exaggerated and not very likely to come true although we have learned that everything is possible with Bitcoin.
Bitcoin is marked with volatility, corrections are happening all the time and expecting only price rise and huge price rise isn't realistic.
full member
Activity: 1736
Merit: 121
The ultimate rise will come after the halving, it may take up to 18 months post halving but it will come. I hope you’re all holding coins ready for the rise.

I'm sure that expectation will be high for the halving but don't be surprised that price might start increasing even before this year runs out. I just saw price below $10,000 now while it was $10,200 few hours ago. Bitcoin is highly unpredictable coin.
legendary
Activity: 3472
Merit: 10611
Most of the predictions coming from known people that  bitcoin will rise ultimately by 2020 , and may hit 200,000$  after the bitcoin halving next year. It is so imposible for bitcoin to go up that high in a short period of time, but im expecting  a rally before the year ends.
Most likely there's a lots of speculations that rounding around the market talking about the rise and how things will go further when the halving comes, it's still the users and investors will make things possible whether it will pull the trigger on and lift this market back to the bull and bring the value to rise high and make a new record as how investors wanted it to happen.

the thing about halving is that when it happens, the rate at which new coins enter circulation reduces by 50% so in a way it is cutting the new supply by half. and since the "new demand" is increasing, that reduction disturbs the balance that existed before hence leading to a price rise to reach another balance between the two factors.
everything else like the rise prior to halving is pure hype and will be small. the real rise is always coming after the halving.
full member
Activity: 938
Merit: 105
Let's see if all your prediction was real.

I held a seminar where I encouraged people to start saving up some Bitcoin, that the price was going to hit $10,000 within the next 12 months.

You said you started a seminar? Don't you do video recording on those kind of events? I mean there is a lot of people there right? This could prove all that you said was true. Or else, you are going to see a lot of bashing from veterans here.
It is just so good to be true right?

Another question. Why now? You had been right for like 3 times before the last one. Is there a purpose for this kind of act?

Well, I'd love to see his video also, if he never does he is just closely saying for nothing.

Furthermore, the rise of bitcoin is absolutely unpredictable and never see's when. Even halving may come, can't be sure that it will bring a huge impact into the market demand making prices to soar high as we want to be.
It for sure it will move high, but it can be sooner or later.
hero member
Activity: 3052
Merit: 651
Let's see if all your prediction was real.

I held a seminar where I encouraged people to start saving up some Bitcoin, that the price was going to hit $10,000 within the next 12 months.

You said you started a seminar? Don't you do video recording on those kind of events? I mean there is a lot of people there right? This could prove all that you said was true. Or else, you are going to see a lot of bashing from veterans here.
It is just so good to be true right?

Another question. Why now? You had been right for like 3 times before the last one. Is there a purpose for this kind of act?
hero member
Activity: 2548
Merit: 572
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I am agree with bitcoin will get ultimate rise, but for how much it will b e or maybe $100.000 maybe it is too high for that time. Need a lot of money to pump bitcoin price to that high and a lot of investors money already drained in ICO. I actually know and understand there are a lot of rich people out there who can do that and easily do that. But to make them believe bitcoin can be really good asset to make an investment, it is hardest thing to do. Maybe for next halving it can be around $40.000 or maybe $50000 and then bitcoin price make correction again.
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