Topic: Who Else is Expecting the Ultimate Rise of Bitcoin? - page 4. (Read 826 times)

Yeah lots made their prediction but moving out that level on for a couple of years? I don't think that it would reach out.

Well,we do have our own insights or inputs but these numbers are way too exaggerated.Expecting for price rise? Everybody on this crypto market
does hope for such event.

You must be one hell of a myopic human being. The date I registered at Bitcointalk is an indicative of when I started dealing with Bitcoin? Seems you really loves making "figment of your ass" for sure.

Date Registered: October 13, 2018

registration date checks out. proof or it didn't happen.


it's not a bold prediction. it's actually quite conservative. a mere 500% above the last ATH, in a 2.5 year time frame? many people have already made the same prediction.

Can't you understand that the reason Libra (and many others) could be stopped on a whim is the very reason it fails as a coin? Its centralization is its downfall. Some people are yet to understand this, and want to force their beliefs into what they have known all their lives, that is, fiat, into crypto. This is the mistake made by Zuckerberg and many others.

Just the fact that you are saying in your own sentence that Libra might be stopped by a government, should tell you right away that Libra is doomed.

Nobody can stop Bitcoin. Get it? This is why bitcoin is valuable, while Libra never will. If it can be shutdown, it is worthless. Or, are you going to put your savings into something, that tomorrow might be no more? Then stick to fiat...

We are all here to see bitcoin growing and even today if it hit $100,000?  we would all celebrate it.
The Facebook coin(libra) if launched it is going to determine the future of bitcoin and since the issue of libra come to the limelight in may bitcoin gained more than any issues in history. Libra discussion across the world especially in the political arena has brought bitcoin into the mind of the elites, politicians, and investors. The bakkt launch that will probably take place in one month time may give Bitcoin a long time investments from institutional investors too.

Those are actually great statements and i agree with you. Although not about one part, which is the effect of usd. Well if bitcoin price increases because the bank prints more money, and the price of goods increase, then well btc price maybe increase too but it won't make the value become higher because of the inflation. It will remain the same. But maybe if many people become more aware of btc and start to buy them which increase demand, then we can expect bitcoin price to rise higher and it will be great if it can touch 100k. Better hold and invest now then, before btc is too expensive to buy.

We hope that Bitcoin keeps moving from strength to strength as the future of currency. We simply wants stability, not necessarily non stop upwards movement. Many industry experts are predicting $100k in the next few years and there are some credence to that. Here's another bold prediction from Anthony Pompliano.

Who wants here to see the price dumping until it dies?

Of course none, so in short we all expecting for the price of bitcoin to go up to the moon where everyone use this as a mode of payment. Bitcoin can go high its the goal of everyone, I’m still confident that it can recover and this is the new era of our money.

I am expecting Bitcoin to rise.
I am not disagreeing with you about your long-term prediction of December 2022 on Bitcoin, but I myself think that many predictions are incorrect in predicting the price of Bitcoin. With Mr. Donald Trump's statement, I think, he is positive. Although by country, the USA is the top country by ICO number and the top country by fundraising (https://icobench.com/stats#stats-countries)

If Facebook succeeds in Launching Libra, that may also play a part in the ultimate awareness to Cryptocurrency and indeed Bitcoin.

But as it stands, I don't think Facebook is moving ahead with the project anytime soon due to regulatory frameworks

In January 2016 when Bitcoin was trading around $300+, I predicted it was going to bump to $1,000 by the next January (2017). It almost did as Bitcoin ended January 2017 at more than $900, few dollars shy of my actual prediction. Then I predicted again it was going to hit $20,000 in December 2017. Again, my prediction came short with less than $400 USD at $19,650 in 15 December 2017. After that, Bitcoin began a downward spiral and people started panicking. Everyone was prediction the end of Bitcoin.

Then again, in 14th December 2018 when Bitcoin was trading at $3,100, 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. Everybody in the room thought it was a joke. Here we are, just 9 months after the prediction, Bitcoin has traded at $11,000+. It is important to note that I made those predictions base on pure instincts and by observing market trends.

Now, I am making another bold prediction. This time, a long-term prediction, that Bitcoin will finally hit $100,000 before December 2022. Who agrees with me on this?

I was expecting Bitcoin to crash in July this year when Trump Tweeted his lack of faith in Cryptocurrency, but it didn't. That was a clear indication that Bitcoin has come of age. That no single person nor single policy is capable to bring the price down, rather the price is decided by the people's sentiments.

Effects of USD - One thing that will push the rise of Bitcoin to 100k per coin is the number of dollars in circulation. Bitcoin’s price (in dollars) will continue to rise exponentially as the number of dollars in circulation rises exponentially.

If the Federal Reserve continues printing dollars exponentially, the dollar price of Bitcoin will continue to rise exponentially, so eventually it will reach $100,000 per coin. And that is what is going to happen over the next few years. Why? Because the Fed and other central banks around the world believes that printing more currency bills will help boost the economy.

The effect of printing so many dollars is that the price of all goods and services (measured in dollars) will eventually rise to match the number of dollars printed. And Bitcoin is no exception, even though it's not a consumable asset.

Increased Awareness - As more and more people become aware of Cryptocurrency, the demand to buy into Bitcoin will increase, and that will help push the price even higher. Report shows that only 11% of Americans currently owns Bitcoin, while 88% have heard of it. It is estimated that the percentage of Americans who will own bitcoin in 2022 may increase to 50%. If the price continues to rise base on demand, 400% increase from the current number of ownerships will put the Bitcoin price at $50,000.

Time to Buy and Hold Some

While I am a strong advocate of releasing Bitcoin into circulation. I find it hard to resist the temptation to encourage you to start holding some amount of Bitcoin for the impending payday as we continue to watch and see where the market is heading to.

This may not be the best time to buy but you can still buy anyways.

Cheers!