Bitcoin Forum

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Saxo Bank each year puts out their 10 Outrageous Predictions for the coming year.  One of them predicts BTC to $2100:

http://www.zerohedge.com/news/2016-12-07/saxo-banks-10-outrageous-predictions-2017-brexit-never-happens-bitcoin-surges-fed-fo

Funny comments underneath too...

The zerohedge comment section is filled by idiots and old people that still have not understood that if you are not holding any bitcoins in 2016 you are a total and complete moron. They will stick to only metals and they will realize this is a mistake once governments start confiscating metals if you try to move away from your country.

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Not this guy!

http://www.zerohedge.com/users/draybin-deffercon-iii

He is the new incarnation of the infamous "fonestar", who I actually liked because he was so unpopular there as he was the "World's Biggest Bitcoin Fan".

* * *

TRUE that many at ZH are anti-BTC and pro-precious metals.  But there are people (most) at ZH who distrust "The One Bank" enough so that many are warming up to Bitcoin.

I like both BTC and gold.  Yeah, well, I am strange in that...

"The zerohedge comment section is filled by idiots and old people that still have not understood that if you are not holding any bitcoins in 2016 you are a total and complete moron. They will stick to only metals and they will realize this is a mistake once governments start confiscating metals if you try to move away from your country."


Yes, I've harassed these people quite a bit.  I agree with their sentiments on most other issues.  They do not understand what the Internet is, they do not understand that the Internet is not going away in a collapse, and they do not understand that sometimes an item being tangible can be a LIABILITY.

2017 in the title, change that, on bitcoin being worth 2100, i can't see how this is not possible it look like a legit prediction it's only 3x current price, the article say that it can happen because of some bad economic condition in the fiat ecosystem, grexit did made somethign to the value of bitcoin, so italyexit can do that as well, then you have china and trump that are pro bitcoin

Yeah, well check for your Bitpenny!  Trx No. is at ZH comment.

Bwa ha on them.   Unless of course BTC is the new NWO money...  Ruh Roh!  

/LOL ?

Best!

These kind of insanely high predictions only get noobs excited where after that they blame Bitcoin for being a scam or it being manipulated.

I add more value to what Bobby Lee from BTCC has said about the price to reach $1500 in 2017. However, it still seems a bit too high if you ask me.

$1000 should be the aim for 2017. After that we will see what happens with the price. Right now we are still a decent amount below the $1000 mark.

It's not really insane if you put things into perspective. Bitcoin has a tiny marketcap, it only takes a couple of well informed whales wanting to redistribute his wealth into other non traditional assets, and they will realize that the best way the liquidate stock positions and move from the easily confiscable gold is to get started with bitcoin.

A few whales moving in could definitely drive up the price,
but not as much as a large userbase of smaller investors.
If some big service like Amazon or iTunes started accepting Bitcoin, it would generate millions of new users.
Even if they were only buying small amounts $20 to $50, it would create such a big demand that BTC being worth $2000 plus would be totally possible.
(I've been saying this for a long time, and hopefully one day it comes true, but not before I can buy a few more BTC.  ;))

Zerohedge is partially a meme website anyways, but they do have some decent articles here and there, and I don't know if this is one of them.

It also states that this is in their "10 outrageous predictions". It's not like they are publishing it in a serious manner, however it does suggest $2100 in a semi-joking manner.

If there was a bit more substance I would be more inclined to believe it (meaning not in an article such as the one they presented it in), however it does seem outrageous for the time being.

It's a Saxo Bank prediction. Not even a serious one. It's based on nothing but pure guesswork, which everybody can do.

The true purpose of this prediction list is to promote the services of SaxoBank by inciting public excitement and discussion over these allegedly "outrageous" prediction. That was a huge success! Free advertising on ZeroHedge and even at bitcointalk users have now heard of SaxoBank... :D

We will see, whether the prediction contains some truth. Given Bitcoin's history of rapid price increases (and subsequent crashes) the prediction is not that "outrageous" as it's labelled.

ya.ya.yo!

one of possible scenarios but they dont seem to be in any time soon doing this but we will have to see next year for it


well they predict so many false statement that this one no matter now good/bad/funny it is no one will get it serious no matter what outcome will be

*2017, another article about $2k - $5k but I don't think that it will go so high because everytime the bitcoin price want's to break its limits something else happens like an exchange hacks or something stupid that dumps the price fast.

2100$ it's a lot of money.