Title: [2018-09-25] Financial Expert Pinpoints Signs Confirming Bullish Bitcoin Sentime Post by: Jgilpulg on September 25, 2018, 03:07:01 PM Kline’s predictions are in line with those of billionaire investor Marc Lasry, who also forecasts that the Bitcoin price will reach USD $40,000 in a few years.
https://bitcoinist.com/financial-expert-pinpoints-signs-confirming-bullish-bitcoin-sentiment/ Title: Re: [2018-09-25] Financial Expert Pinpoints Signs Confirming Bullish Bitcoin Sentime Post by: reactorjuno on September 25, 2018, 03:15:58 PM Hi and thanks for posting,
You wrote "in a few years" but the article says at the end of 2019 ;) "the SEC will approve a Bitcoin Exchange Traded Fund (ETF) soon." and in that case I agree BIG TIME about a price of $40,000. Interestingly, a very influent voice in the cryptoworld (Andreas Antonopoulos) also believes the ETF is going to happen soon or later, can't wait to see the epic impact on Bitcoin price. Title: Re: [2018-09-25] Financial Expert Pinpoints Signs Confirming Bullish Bitcoin Sentime Post by: magneto on September 25, 2018, 11:27:40 PM Kline’s predictions are in line with those of billionaire investor Marc Lasry, who also forecasts that the Bitcoin price will reach USD $40,000 in a few years. https://bitcoinist.com/financial-expert-pinpoints-signs-confirming-bullish-bitcoin-sentiment/ The thing is that these financial experts do not always make correct predictions. Right now, there are still no apparent bullish signs in the short term. This is not the case in the long run obviously as adoption increases, prices will naturally increase since bitcoin's supply is limited and hard coded within the system. But this prediction that they have made is not realistic in my opinion given a timeframe of only a "few months" to a year or so, which seems far fetched for now as we see all this bearish sentiment within the market which doesn't seem to be going away any time soon. The ETF decision, if approved, could have a bullish impact on the market, but even that was postponed. Title: Re: [2018-09-25] Financial Expert Pinpoints Signs Confirming Bullish Bitcoin Sentime Post by: 1BTC EQUALS 1CAR on September 26, 2018, 01:16:47 AM Last year, forks became the catalyst to the great pump of the prices of cryptocurrencies. So right now, I highly believe that ETFs are now the key this time to trigger another record-breaking bull run. Bull run is always a surprise and it always want us to completely lose hope before it comes out and start .
Title: Re: [2018-09-25] Financial Expert Pinpoints Signs Confirming Bullish Bitcoin Sentime Post by: reactorjuno on September 26, 2018, 01:56:46 AM Kline’s predictions are in line with those of billionaire investor Marc Lasry, who also forecasts that the Bitcoin price will reach USD $40,000 in a few years. https://bitcoinist.com/financial-expert-pinpoints-signs-confirming-bullish-bitcoin-sentiment/ The thing is that these financial experts do not always make correct predictions. Right now, there are still no apparent bullish signs in the short term. This is not the case in the long run obviously as adoption increases, prices will naturally increase since bitcoin's supply is limited and hard coded within the system. But this prediction that they have made is not realistic in my opinion given a timeframe of only a "few months" to a year or so, which seems far fetched for now as we see all this bearish sentiment within the market which doesn't seem to be going away any time soon. The ETF decision, if approved, could have a bullish impact on the market, but even that was postponed. Title: Re: [2018-09-25] Financial Expert Pinpoints Signs Confirming Bullish Bitcoin Sentime Post by: Kemarit on September 27, 2018, 05:36:14 AM Hi and thanks for posting, You wrote "in a few years" but the article says at the end of 2019 ;) "the SEC will approve a Bitcoin Exchange Traded Fund (ETF) soon." and in that case I agree BIG TIME about a price of $40,000. Interestingly, a very influent voice in the cryptoworld (Andreas Antonopoulos) also believes the ETF is going to happen soon or later, can't wait to see the epic impact on Bitcoin price. I thought Andreas Antonopoulos was totally against ETF as this will give the custodian so much power? @1BTC EQUALS 1CAR - the split was just one catalyst of the massive bull run we witnessed last year. I believed that Japan entering the picture started it and then followed up by several events like the fork, and completed by the CBoE and CME bitcoin future contract offerings. I tend to agree that ETF imminent approval will trigger another break out run. But I wouldn't just depend on that news. We might see other events that will breathe fresh new life in the market not just this ETF's. Title: Re: [2018-09-25] Financial Expert Pinpoints Signs Confirming Bullish Bitcoin Sentime Post by: BitHodler on September 27, 2018, 02:20:37 PM I thought Andreas Antonopoulos was totally against ETF as this will give the custodian so much power? He is against ETFs, but he also said that there is no way to avoid them as it is only a matter of time before one will be approved, which seems to be a more than realistic perspective from his side.Regarding the custodian power, I'm not so sure how much that matters. Why isn't he worried about Xapo's custodian power with how they stated that they hold like $10 billion worth of Bitcoin somewhere in a bunker? the split was just one catalyst of the massive bull run we witnessed last year. I believed that Japan entering the picture started it and then followed up by several events like the fork, and completed by the CBoE and CME bitcoin future contract offerings. Don't forget South Korea's entrance. It was truly a perfect bull run year in each and every way. Don't think there has ever been a time where we had so many bullish triggers as in 2017. No wonder the price went to the moon.Title: Re: [2018-09-25] Financial Expert Pinpoints Signs Confirming Bullish Bitcoin Sentime Post by: pixie85 on September 27, 2018, 07:26:37 PM Quote Once the SEC approves Bitcoin ETFs And once again this bullish sentiment comes down to the ETF decision. CBOE ETF just got delayed until the end of December. Is that when we are going to finally see the bullish sentiment? And what if it doesn't get approved by then and again postponed until March 2019? Are we going to wait until March for bulls to wake up? These experts don't make much sense. Title: Re: [2018-09-25] Financial Expert Pinpoints Signs Confirming Bullish Bitcoin Sentime Post by: Slow death on September 27, 2018, 07:45:18 PM Now we are going to enter again in the price forecast season and it is always very high prediction. this reminds me of last year when they ( experts ) said that this year the price of bitcoin would easily reach 40,000 $, I myself believed in this forecast and I bought when the price was $ 17000, but here we are at $ 6500. So now we have this:
Quote In a Forbes article, Chris Kline identifies these Bitcoin bullish signs and predicts that “the price may well surpass $40,000 by the end of 2019 and could continue to climb as we enter 2020.” “the price may well surpass $40,000 by the end of 2019 and could continue to climb as we enter 2020.” current price: $6500 the end of 2019: $40,000 $40,000 is a very high price, in my opinion. Title: Re: [2018-09-25] Financial Expert Pinpoints Signs Confirming Bullish Bitcoin Sentime Post by: jamids on September 28, 2018, 12:46:15 AM Hi and thanks for posting, You wrote "in a few years" but the article says at the end of 2019 ;) "the SEC will approve a Bitcoin Exchange Traded Fund (ETF) soon." and in that case I agree BIG TIME about a price of $40,000. Interestingly, a very influent voice in the cryptoworld (Andreas Antonopoulos) also believes the ETF is going to happen soon or later, can't wait to see the epic impact on Bitcoin price. When the ETF is approved if ever, there is a high possibility that bitcoin would jump in price but then the question would still be if it would be sustainable. I would prefer it to grow in organic way rather than being pumped by a news. ETF would be a big help though in pushing the price higher and encouraging more investors to be part in cryptocurrency world and taking the attention of more people. Many are not happy with the rate currently especially those who invested last December so this would be a redemption for them. Title: Re: [2018-09-25] Financial Expert Pinpoints Signs Confirming Bullish Bitcoin Sentime Post by: reactorjuno on September 28, 2018, 10:49:03 AM Hi and thanks for posting, You wrote "in a few years" but the article says at the end of 2019 ;) "the SEC will approve a Bitcoin Exchange Traded Fund (ETF) soon." and in that case I agree BIG TIME about a price of $40,000. Interestingly, a very influent voice in the cryptoworld (Andreas Antonopoulos) also believes the ETF is going to happen soon or later, can't wait to see the epic impact on Bitcoin price. I thought Andreas Antonopoulos was totally against ETF as this will give the custodian so much power? @1BTC EQUALS 1CAR - the split was just one catalyst of the massive bull run we witnessed last year. I believed that Japan entering the picture started it and then followed up by several events like the fork, and completed by the CBoE and CME bitcoin future contract offerings. I tend to agree that ETF imminent approval will trigger another break out run. But I wouldn't just depend on that news. We might see other events that will breathe fresh new life in the market not just this ETF's. |