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Topic: Why we will see $50k Bitcoin end of year (Read 3800 times)

full member
Activity: 504
Merit: 100
November 12, 2018, 05:24:33 PM
Bitcoin is not showing any sign of growing big this year. It will be hard for bitcoin to reach $50k this year. I think it will take a longer time before it can reach that high.
full member
Activity: 462
Merit: 100
November 12, 2018, 11:59:04 AM
Hey op, what now? We are near the end of the year and still we haven't seen even $10k. LOL. Don't always fully believe what you heard even if it came from a known person or company because it is just a speculation after all. The realistic price this year end for me is between $8k - $10k. Kinda low rise but atleast I saw and can sold at a higher price.

I do not believe that in a month and a half Bitcoin will be able to grow even up to $ 20,000. Even if the entire market starts to grow it will still not grow rapidly in such a short period of time.
sr. member
Activity: 336
Merit: 252
November 04, 2018, 06:36:13 PM
Hey op, what now? We are near the end of the year and still we haven't seen even $10k. LOL. Don't always fully believe what you heard even if it came from a known person or company because it is just a speculation after all. The realistic price this year end for me is between $8k - $10k. Kinda low rise but atleast I saw and can sold at a higher price.

We're not there just yet son Smiley. But the odds of bitcoin making such an incredible move are very very low at this point, especially with the low volume levels and the fact that momentum is practically inexistent as of right now. The only thing I can see fueling a move to above and beyond $50k levels is a very intense sentiment of FOMO. I've long given up on trying to make an accurate prediction on the price at this point.
legendary
Activity: 2058
Merit: 1015
November 04, 2018, 06:06:36 PM
Hey op, what now? We are near the end of the year and still we haven't seen even $10k. LOL. Don't always fully believe what you heard even if it came from a known person or company because it is just a speculation after all. The realistic price this year end for me is between $8k - $10k. Kinda low rise but atleast I saw and can sold at a higher price.
sr. member
Activity: 443
Merit: 250
November 04, 2018, 03:23:39 PM
Even the most bullish analyst on crypto in the mainstream media, Ran from CNBC, had to acknowledge that 50k is no longer realistic for this year, the big catalyst Van Eck ETF has been postponed to next year and we currently do not see any other catalysts as mass adoption. Given all the progress made this is likely to change next year but not much earlier I believe.
hero member
Activity: 1428
Merit: 506
November 04, 2018, 11:21:04 AM
I don't feel that bitcoin will ever reach a market price as high as that because for almost a year now, bitcoin has struggled to rise and has became stagnant at its current cap and price. If bull run is going to happen starting today, i think bitcoin will only reach 9-10K$.
I believe you price of bitcoin has the difficulty to increase this year. It cannot cross to 50k$ this end of year. It is really struggling for more months now. No signs of improvement so with these situation I am still positive market status will have a growth.
sr. member
Activity: 462
Merit: 251
November 04, 2018, 06:21:41 AM
The last time the CBOE launched a Bitcoin financial tool, futures, we saw $20k. Recently rising Bitcoin dominance shows people betting on the latest CBOE tool, ETF, being approved.

Bitcoin dominance is heading towards fifty percent by marketcap. What does this mean for the price and how should traders and investors view it? Marketcap is by far not the best metric to read dominance, but that doesn’t mean it can’t add value to your trading.

Latest Podcast Episode Discussing More Details

https://soundcloud.com/buy-or-sell-what-the-hell/does-bitcoin-dominance-matter-to-traders-35



Well, this type of speculation is normal in cryptocurrency as crypto is speculative investment. This strategy was effective last year as the price reached $20k but I don't know if new investors will bite again. I think we need mass adoption to increase the demand of bitcoin and push the price higher in a normal process.
member
Activity: 276
Merit: 10
W12 – Blockchain protocol
November 03, 2018, 10:11:26 PM
I don't feel that bitcoin will ever reach a market price as high as that because for almost a year now, bitcoin has struggled to rise and has became stagnant at its current cap and price. If bull run is going to happen starting today, i think bitcoin will only reach 9-10K$.
legendary
Activity: 1551
Merit: 1002
♠ ♥ ♣ ♦ < ♛♚&#
November 03, 2018, 03:43:29 PM
No. we won´t see a new ath this year. Cry
sr. member
Activity: 980
Merit: 255
November 03, 2018, 12:44:31 PM
IMO, that's an unrealistic value for bitcoin this year because bitcoin is having a hard times this year. I do believe that it can't even reach the 20,000$ as bitcoin remained stuck in the 6,000$ mark. Maybe this year is just bitcoin's starting point to its flight again to the moon next year or this coming 2020.
This is what I think it will happen, the current price that we are seeing is going to be the base price for a long time but the good news is this is going to be the floor from which the price of bitcoin will skyrocket again in the future, so all of those waiting for that to happen need to be very patient because it is unlikely that such a big movement will happen soon and they need to be content of just holding their coins for the time being.
newbie
Activity: 57
Merit: 0
November 02, 2018, 10:40:27 AM
surely the next halving 2020 will start another bull run like we had in 2017 Nov/Dec.

Now we have 1.5 years to start accumulating btc.

hahaha..


Feels like that tho
full member
Activity: 1050
Merit: 102
Cryptocurrency addict | Invest at your own risk.
October 26, 2018, 11:49:44 AM
the more drama that is made for bitcoin and many people expect the rise of bitcoin, this is boring drama that happens. it looks like this year bitcoin is not returning to print history could be even worse
jr. member
Activity: 242
Merit: 1
🚀🚀 ATHERO.IO 🚀🚀
October 26, 2018, 11:34:42 AM
we will not see $ 50k by the end of this year, that is impossible. many people think that the bull market will occur in 2020, well it's still very long.
newbie
Activity: 68
Merit: 0
October 26, 2018, 10:28:18 AM
With the current situation? I don't think so. It's almost November but the price of bitcoin remains the same. 20k may even be too high for now. Perhaps next year, we will see changes in the price, but right now? Yeah. Keep dreaming.
hero member
Activity: 2464
Merit: 519
October 26, 2018, 09:33:02 AM
Opinion post shows everyone is well educated on the trend of things, so no one can some and bamboozle us with what is not possible. No analysis can give a price value of $50k this year. Next year will only be accumulation for few bitcoin that are available now. Most of the bitcoin is surely with the whales by now, we can only struggle to take a fraction from the crumb that fall from there table.
member
Activity: 350
Merit: 10
October 26, 2018, 09:23:30 AM
This sound too good to come to pass.  Bitcoin hitting $50,000 in the next two months is not what I think is going to happen. However,  we are going to get some bullish trend time to come and if possible bitcoin will get to $10,000 and above. We are going to make some money if we can invest now.
I think even reaching $ 10,000 by the end of the year is still quite difficult. well, but we all expect this month to show a positive trend towards rising bitcoin prices. even when the price of bitcoin reaches $ 9500 it will get better.
The price of a Bitcoin above $10,000 by the end of this year is unlikely to be, but it would be nice to see a price not lower than $9,000. In this case, Bitcoin will show that it was able to cope with the fall and began to grow again. This will be a good sign for investors and slightly reduce the flow of negative forecasts for future Bitcoin prices.
member
Activity: 684
Merit: 19
October 26, 2018, 09:07:40 AM
surely the next halving 2020 will start another bull run like we had in 2017 Nov/Dec.

Now we have 1.5 years to start accumulating btc.

hahaha..
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
October 26, 2018, 08:40:13 AM
it can happen when bitcoin has good news like halving or hardfork or the good news is that accepting payments using bitcoin in various countries, so bitcoin can be very expensive depending on the development or reaction of some countries on the bitcoin currency.
staff
Activity: 3136
Merit: 570
Join the world-leading crypto sportsbook NOW!
October 26, 2018, 07:39:28 AM
IMO, that's an unrealistic value for bitcoin this year because bitcoin is having a hard times this year. I do believe that it can't even reach the 20,000$ as bitcoin remained stuck in the 6,000$ mark. Maybe this year is just bitcoin's starting point to its flight again to the moon next year or this coming 2020.
I think there are just too many investors who are hoping to get rich overnight by investing their money into bitcoin during the period of December 2017, and after they have left the trading market by selling away their bitcoin at a loss, there are simply lesser demand for bitcoin on the trading market, I think we might need to wait for a few years more before the price of bitcoin would start to recover back to its previous high values.
full member
Activity: 434
Merit: 101
October 26, 2018, 01:15:55 AM
IMO, that's an unrealistic value for bitcoin this year because bitcoin is having a hard times this year. I do believe that it can't even reach the 20,000$ as bitcoin remained stuck in the 6,000$ mark. Maybe this year is just bitcoin's starting point to its flight again to the moon next year or this coming 2020.
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