Bitcoin Forum

Thomas Glucksman, a head of APAC business development at cryptocurrency exchange Gatecoin said that bitcoin could hit 50k$ at the end of 2018. Likewise, Mick Sherman, co-founder and CEO of Hercules Tech said that cryptocurrencies will grow big this year.

Those statements are overwhelming, it may sounds bullish but somehow there has truth in it.

http://business.inquirer.net/246286/bitcoin-hit-50000-end-2018

Yes everyone thinks that is possible at Dec 2017 but now the condition is little bit worse because the price dropped to one third part from december price but still it looks like following the old price chart so if that price fallows throught this year then more than $50K is possible.Hope so it will happen.

Thanks for the comment sir. Though at this point of time that bitcoin is at dip there is only a shallow hope that we can have that value but if the increase started to appear then it will be unstoppable and we will be seing another history in the price of bitcoin. We just need to stay positive and wait for bitcoin to reach that value, if not for this year then maybe next year.

Honestly, I've had enough of these *insert big name here* trying to foresee the price of Bitcoin. There isn't a prediction market going on around here so they can stop giving out predictions like this already.
With that said, everything is possible with the price of Bitcoin. Right now we're close to 7k and could reach as high as 25k just on a bullish April run while more impositions through the G20 summit could see the prices plummet once again.

It may sound bad to you sir but it is one way of uplifting the spirit of those who are into the bitcoin industry. In the face of those negative news on bitcoin that is flooding the market it is of need to also post the positive comments coming from big people. This may uplift the spirit of bitcoin holders who suffered huge losses due to the price drop. Those words of Thomas may be bullish but it can give hope to some bitcoin holders.

I highly doubt that unless big money (banks, funds etc.) enter the market the next few months and really inflate the prices again.

Don't put too much trust in what other people say, even if they are well known. Because in some cases what they say and what they actually think,  are two separated and different things.
Trust only what "you" know and what you can prove to be correct. Because things could go either way, and predictions that goes half a year ahead are not reliable... not a little bit.

       When they speaks everybody will listen because they are in position to talk about all these things, and they are not just predicting,they
 have a substantial data of their analysis, as the link showed. So this is really overwhelming for btc.
       More millionaires coming up at the end of this year.

this is the final hold down for btc I think.... the next time it really moons and there is widespread adoption and regulation there will be no more cheap BTC

Just an early statements for now to credit another speculation. It may be believed that once the price of bitcoin reaches again on the highest level as in the previous year of 2017, most of that was another early news.

unbelievable almost people now waiting bitcoin back 8k as it should bring a uptrend signals for them to continue believe in the crypto economic. Once it hit 10k almost people waiting to dump while they bough it so high.
Hope we can see stable at around 10k till end of 2018

I can believe it deeply.it could be possible this year end. At the end point of year 2017  bitcoin price hited upon at $19000+  .so I seriously think that bitcoin price will hit again $ 50ks in December 2018.

i think thomas glucksman referring 2017 graph which is very successive year of crypto and bitcoin. but in 2018 time and situation is change. so it is hard to say. only time will tell the price of bitcoin lets wait for 2018 december.

Well i like the optimistic of that article and what i just read is just a theory or a prediction which it can be true or false.  But technically it would positively reach 50 k , more prices is expected though.

This isn't about sounding good or bad but what I'm trying to say is that in this world of decentralisation, individuals should be highly decisive with what they wish to do and should not be brought under a delusion by these so called 'big people'.
What if all of these big people that you refer to, collaborate together and go on an all out attack on cryptos, denouncing it to be a fraud and a bubble? Would you still take their negative stance into consideration and sell all your holdings?

Awesome, I always hope the bitcoin price will reach the 50k mark, but to do that I think it will take a long time, will need to be accepted by many governments to pay by BTC, at that amount of capital poured in to push the price of BTC up

Yes,we just need that price bump which is enough to convince the investors to invest on to bitcoin again then the price will keep moving all we have to do is keep hold our bitcoin and let other to do the same.

Intersting article but it doesn't tell us how this will happen. I mean they are just comparing the whole scenario with what happened in the last year's prediction and how bitcoin started growing over the time. However, lets spread the egg and do the positive talking about bitcoin getting spiked this year too.

I am believer of time. With the time the cyclic changes will do happen with the bitcoin. Due to low cost bitcoin will get more investors and they will flood the investment into it causing its value to go upwards. Now this is really natural thing to happen and in the long run market will have so much that it will grow eventually. So lets stick to it and hope that this turns out to be true.

Prediction is a method of giving opinion that is possible happen in the future. It can be true and it may also be wrong because the prediction is not really a good basis that can possibly happen 100%. Of course, the price of bitcoin will rise the  better but we do not expect too much.

#Taklimakan

actually I do not believe in a prediction, they just say a less basic statement based on data. but sometimes it can come true and we have to believe it. so I think this is great news if it comes true.

I also believe that bitcoin will grow bigger this year, and many people are always waiting for the price you are referring to, that is 50k. I hope as soon as possible.

I don't doubt the fact that bitcoin will continue its general trajectory of going up for the next few decades, because of factors like increasing adoption and inflation of fiat currencies, while bitcoin's supply stays the same.

But it's definitely still bearish this year. Despite the pump that we saw late last week, it's simply not enough to reverse the bearish trend.

IMO, prices will most likely stay put or even continue to decrease throughout the year. The ceiling for price growth is quite low for the year. I think it's most likely around $12k, where the resistance was the strongest and at which level the bear market was kickstarted. I don't expect any all time highs to be broken, let alone bitcoin going to $50k. So take that article with a grain of salt, I guess.

But again, that's not saying bitcoin doesn't have a future in the long term. It definitely does, and it's a huge future.

I am very happy with the claim that bitcoin will grow to 50k $ in 2018, and I would welcome by buying bitcoins at a cheap price today.

OMG! 50K usd is not bad :) I'm glad to hear this.
Also I think Thomas Glucksman know what said.
It's reason for holding BTC

Okay, it might have a dose of truth on his sayings, however, people are getting overly hyped with Bitcoin and all these predictions, there are literally more than 10 articles of similar content popping up every 2-3 days. How can people be so optimistic? It's perfectly okay to predict and be positive that the price levels are going to rise but $50k by December? These prices are unrealistic, at least for today's standards, just because these high prices are spammed all over the internet, people seem to believe them, especially when coming from someone who has been on the scene for a while.

predictions that make me happy, not only thomas glucksman, but the majority of world figures predict bitcoin will be high this year.

in 2017 bitcoin at its highest point of $ 25,000, and in this year the value of bitcoin will double.

But how can you make any predictions for the future? After all, no one knows how much bitcoin costs in 2020? Or in 20, 30 years? After all, the market today is managed by whales, which have 70-80% of all bitcoins?
Although I am encouraged by optimistic forecasts, I also have the hope that bitcoin will cost more than $ 20,000 by the end of 2019 and we will update the old highs.
HODL Guys  ;D

This is so possible given the rate and price at which bitcoin is holding up now and I believe that we might even surpass that price by the end of 2018 and the next bull market we run into will be nothing short of epic

Have you heard that central banks of the G7 is going to invest in cryptocurrency and this may hype the system. Other news was that the Islamic Scholars have said that bitcoin can be used by Muslim as it is not against the Shariah Law. Also Tom Lee predicts bitcoin to reach 50k$ by December. There are many developments and companies accepting bitcoin is lining up this 2018. The possibility is very high.

If that is the case, it would be great for bitcoin holders. But I think this case is very difficult to happen. Because miracles happen only once. The price of bitcoin increases sharply by the end of 2017 because many sharks have bought bitcoin and prices have risen sharply.
So when the Crypto market has become so widespread, they do not need to invest in bitcoin anymore. This is my personal opinion and I hope it is true.

He must hold a lot of Bitcoin. So optimized with the price of Bitcoin. It's hard to reach the $50k in the left seven months.

I hope that news be real and true in december 2018 and i think many people who work for many years in bitcoin will be rich if bitcoin reach 50k$

I think that is very likely in the near future

true but i think most of these big bullish predictions are be cause of ETF.
it is such a hyped up news that has even made a lot of the big players think it can push the price up ridiculously high like this one prediction here.
although i think it is partly true but i don't think we can see such a huge rise because of it.

Someone should send a clear message out to these people that we simply do not care what they are predicting, because all

these predictions means shit to us. Every week there are some CEO making some bold predictions and 90% of the times, they

are just pulling these predictions from their ass.  ::)  If you are guessing what the price is going to be, rather keep it for

yourself, because we not interested in predictions that are based on pure guess work.  >:(

I do not really believe that bitcoin will be worth 50 thousand dollars by the end of this year though the devil does not joke

I hope it'll happen but so hard to believe.

That is what most people in the world of crypto are hoping for. Bitcoin can reach even greater heights than the speculated price above, we are  almost in the last quarter of 2018, anything can happen. I believe we are all expecting good news.

Price predictions like these are a good way to attract attention and drive the price up but it is not good for mass adoption. Most newbie investors would just throw in their money once the hype starts, not caring much for the tech. As a result, they panic sell at the first indication of a bear market. That being said, it is important to make our expectations lower, healthy and realistic.

in 90% of the times these people aren't going around spreading their prediction! sometimes they haven't even made a prediction in first place. you may see some tweet comment from them saying something remotely related to price and then these shitty news sites use that to write something and call it an "article" and publish that crap.

Who is Thomas Glucksman. I dont see any reason to hit btc 50kk by end of this year.
This year was showing to us what crypto cant rise on simple good news

Well that's a really good prediction so we must hope that it will really come true. We will all benefit if this kind of predictions is gonna really happen. We wall want bitcoin to reach its potential and really go high. Let's just hope for the best and see what happens. Remember that it's just a prediction so the probability is not really 100%.

This is definitely a kind of prediction we want to happen and surely want to experience. I think if this is for real then we should prepare ourselves for the best is on its way towards us. Let's all hope that this might really come true for we will all benefit from it. Honestly I want this to happen and it motivates me but I can't focus on it cause I don't want to depend my life on prediction and I'd rather love in the present.

yes, hopefully bitcoin really reaches a price of 50k $, it can also generate enthusiasm for all bitcoin holders, but we also have to be careful with the news we have heard, we may believe because at the end of 2017 it also has spread in the market crypto the world, we also don't know if at the end of 2017 bitcoin prices will soar, maybe this is very good news for bitcoin holders and investors, but we also have to be able to maintain our ambitions so we don't be too arrogant so we spend our money to buy lots bitcoin to get profit by the end of 2018, because this news can't be confirmed yet.

yes, hopefully bitcoin really reaches a price of 50k $, it can also generate enthusiasm for all bitcoin holders, but we also have to be careful with the news we have heard, we may believe because at the end of 2017 it also has spread in the market crypto the world, we also don't know if at the end of 2017 bitcoin prices will soar, maybe this is very good news for bitcoin holders and investors, but we also have to be able to maintain our ambitions so we don't be too arrogant so we spend our money to buy lots bitcoin to get profit by the end of 2018, because this news can't be confirmed yet.