Bitcoin Forum

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Blockfyre’s co-founder believes a bull market will return, seeing Bitcoin price rise 1,400% to hit $150,000, and Ether and other solid altcoins making even more impressive gains.

The co-founder of cryptocurrency analysis company Blockfyre believes that a bull run will return, propelling Bitcoin (BTC) to a price of $150,000.

In a tweet on June 4, Simon Dedic suggested that these gains will not be reflected across the entire cryptocurrency market, although the more solid altcoins should also see impressive price action.

source : https://cointelegraph.com/news/analyst-predicts-next-bull-run-will-send-bitcoin-to-150k-and-ether-to-9k

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Thoughts please, do you think it's going to happen?

In a long future maybe it could happen but if you say at this coming bull run bitcoin and etherium price will run up like that, hmmp it seems impossible but obcourse who knows what will gonna happen in the future. And base on my experience when bitcoin and ethereum goes up almost all others altcoins are down, it is because most of the traders converts there altcoins into bitcoins and goes with the flow of the price.

It can or it cannot be.

That's the usual answer that we can say for these predictions. You can get hope with those predictions but don't overjoy just because they have predicted it. Most of us including me is bullish about bitcoin and it's great if we see it happen and just keep moving on if it didn't.

if it is true then people will get rich, if Ethereum gets to $ 9,000 means altcoin can also go to New All Time High, but when will that happen?  ;D

Maybe it could be. But it will take time. No one can say exactly when this price will go up. Everyone gives prediction but we have to see what the reality is. When Bitcoin was created, no one might think that Bitcoin would go for $20k. But in reality Bitcoin went $20k in 2017. I believe that Bitcoin can go $150k according to this prediction. But you have to wait for it and set your own position. Because most of the crypto traders have less patience!

This is too good to be true in the short term, but I have read an article stating that by the end of 2021 bitcoins price will reach $100k and this will only happen if bitcoins will break the current resistance of $10,300. After the resistance will be broken then we can say that bull market is started and the price of $100k would be achievable, which will mean lots of profit for those that have invested now or will invest below $10k.

After reading the article I can say with certainty that this is not really about Bitcoin reaching $150k (because what is a 15 times increase from the current price?), but actually a promo article in which one wants to promote some shitcoins, especially one currently worth only $0.007, and it should reach as high as $1 ::)

Given where it was published and who the expert is, this is without a doubt a paid ad, nothing more.

Bitcoin $ 150000? I'm waiting for him, and maybe it's not just me hehe,  ;D
but when does it happen? are there any predictions about this?

First of all that is trelwaney, she doesn't give financial advises looking at an orb, she tells you about your future if she sees anything (which she rarely does) and should not be put in the same sentence as filthy muggles in financial world :D.

All jokes aside of course there is going to be some huge made up numbers thrown in by some people, it is you that gives voice to these things when it should be no more than just a joke for them that went out. We know bitcoin is not going to $150k anytime soon, probably not another 5-10 years not just because it is unlikely but because $150k bitcoin would mean over 10 trillion dollars going into bitcoin, let's be honest we do not have that much money in the world to invest into bitcoin even if we want to.

Ethereum to $9k is another silly prediction for the same reason.

^ I believed it will happen but not now. If you are looking for the demand and supply we gonna reach that price because from time to time bitcoin will increase the adoption and of course, the demand will probably less that make itself precious like a valuable metals. Who knows after 2 years from now the government in all countries will approve the contactless payment method and bitcoin will belong to be used. This speculation gives bitcoin holders strength to become a strong hand holder and aiming that price in the future.  Nevertheless, I like FOMO people.

I have often read articles like this before but all the predictions that I read are always wrong, I think everyone can predict with high prices even stupid people can also make predictions like that :D I will no longer believe in articles like this

Exactly!
When I see such very bullish article like this, I can always think about some shitcoin being advertised to get more attention from the prospect investors.
This is what many people didn't see, or they didnt bothered to check on and read the article.

Any article could throw any figure out of thin air as a part of their speculation and promote at the same time.
These speculations right here has no solid bases why It would happen.

Another day another speculation we do have here with having unrealistic numbers.Well, anyone can call out their price speculation bets since this is a unpredictable market.We can say that anything is possible but if we do think of it carefully and trying to realize on what would be the things needed before reaching out that number then we can say that its nearly impossible to reach these heights.We cant even break the previous ATH easily or even maintaining 5 digit price. How much more on 6 digits? Im not really that too negative but at least we should at least talk about on how or when to break that previous ath's before talking any other number but for now
even average joe's can make their own price calls or speculation.I can even say that Bitcoin would reach $1M soon. lol

The question is when? Should we need to wait till 2050? Sorry, even if it is good news for Bitcoiners but I don't trust the prediction for now. Bitcoin $150K and Ether to $9K seems too big moves in the prices. I think it will more make sense if just expect Bitcoin $20K and Ether $500. We need to see the prices break that level first before predict bigger price speculations.

Almost everybody is predicting a bull run now. Mainstream investment analysts (Bloomberg, Tudor Investments), crypto fundamental analysts (Blockfyre, Willy Woo, PlanB), technical analysts (Masterluc, dmwardjr).

Even Bossian, our resident perma bear, is now predicting a rally to $11,795! https://bitcointalk.org/index.php?topic=5254070.0

Everyone is bullish. Longs are rising, shorts are falling. This makes me nervous. I believe in maximum pain theory, the idea that price tends to move where it will cause the most financial pain for the most traders. More and more it looks like a crash would bring maximum pain, not a rally. :-X

I like when people are nervous when bitcoin is bullish, lol.

I know it will not happen easily because we never know when the bull run will come, and the overall market performance now still uncertain although some people believe that it's bullish already. Then let's see if when it will break $10,000, it will not fall back again.

that $150K might be too much but it's not possible since we have seen how BTC and ETH have pump significantly during the last bull run.

Maybe if this prediction will happen, all my altcoins as well will come alive.

For Ether investors, they can make a fortune if they will invest at the current price, imagine if you buy Ether now at $250 (rounded off), and that will increase to 36 times, then that will give you a lot of profit. Impossible? No, because Ether and other successful altcoins have increased already more than 100 times. For Bitcoin, it's already given, a $10,000 (rounded off again) now, we only need 15 times increase to reach $150,000, which again not impossible.

The only question now, is "WHEN IT'S GOING TO HAPPEN".

those predictions are too much for the moment. but if it will happen in our lifetime, why not?

reality check first!!!

I'll say this. In 2016 there was much more skepticism and disbelief in the market, lots and lots of confident bears proclaiming impending doom.....and yet a bubble happened anyway. Now in 2020, now that there is widespread belief in a bubble, is it going to come?

I'm just saying when everyone predicts the same thing, it rarely comes true. We still might need to shake out some greedy bulls before this market can lift off.

Mike Novogratz said he would give up on BTC if it doesn't perform this year. Now that's the kind of skepticism I'm looking for! Sideways until 2021 please!

However, I would like to see the price of ethereum at $ 9,000 and the decently increased price of some of our promising tokens created on the platform of this coin. Now ethereum and some tokens are still underestimated. Maybe this would revive the cryptocurrency market.
If bitcoin rises in price to $ 150,000, it will cause consequences much steeper than we saw after the price increase.

I can feel based on that statement that there is a market manipulation, the public prediction usually are wrong, the same would be applied in sports if you are doing sports betting, as they say, always bet against the public and you'll win most of the time.

I notice that as well, but as for me, I am more focus on long-term investing so I am bullish and at the same time I can also make some profit every time the market is dump as usually I buy at dip and sell when the price bounce back, doing that simple strategy makes me profitable in overall.

That isn't sure, people won't become rich, most will sell before the price hits this record and buyback later. The richers are still the minority, they are the ones who control the game. Predictions are for reference only, don't ask when it happens.

don't expect it, even now it's a very difficult price to imagine. just thinking about the $ 500 price is difficult right now. LOL, I smiled at the speculation that was so high into people's expectations. however, $ 9k will make almost all ethereum holders get rich quick.  :D

The greedy nature of human will play big as you mentioned, before it hits that range most of the holders will sell their assets and will
feel sorry after, since they are unable to wait to see this huge value.
If this happened most of those fat big bag holders will continue to gain bigger benefits as they are the one who are willing to take the
ride and maximize all the possible profits.
This speculations can be true but still depends from how investors and supporters will hold and continue to believe with developments
to add more investors to join and participate to this journey.
Lets hope for the best and what future will bring to this industry.

It will never happen. This is one of the daily junk I read in newspaper pages. Exchanges' CEOs often create such news so that more people will have faith in bitcoin and continue to buy and sell it. Such news can also be found at McAfee and Justin Sun. all of them often use the "fomo" strategy to seduce newbies and take all their money. Be careful with news like this.

This only shows that Mike and his kind are interested in Bitcoin just because of money, and I would not be at all sorry if he gave up. What he says this year he also said last year, and I really don’t understand why he persistently pushes that thesis of his that Bitcoin must end the year at $20k? Although some are predicting miracles and a new ATH due to halving this year, it's not at all clear to me why Mike had the same predictions for last year...

I doubt the veracity of his statements that he will "hang his spurs" at the end of this year, because there is a lot of money in the game, and people like him do not give up easily, regardless of all the statements they make over the years.

People will become rich if they know when they need to sell the coins, and they don't get greedy for chasing another higher price. They need to have the patience to wait for that time because no one will know when it happens. The only thing they must do is trying to buy more and more of bitcoin, so when the time comes, they are ready to sell all of the bitcoin or half amount or any amount of their bitcoin.

People can predict how much bitcoin price will be, but they will not know the truth. We can take part in the people who control the game by having patience and try to behind on them. But the problem is we don't know who they are and when they will start to move.

It wasn't mention a specific date, it says in the next bull run, so it's still possible as we have seen what a bull run can do in the past.
This is a very aggressive prediction but if you are a long time investor in the crypto space, you'll know that nothing is impossible here, we didn't even thought that a 10,000 btc was use to buy a pizza in the past, and it's already almost $100 million at the current price.

https://qz.com/1285209/bitcoin-pizza-day-2018-eight-years-ago-someone-bought-two-pizzas-with-bitcoins-now-worth-82-million/

If you are having some followers and if you predict some crazy amount then you will get a headline spot in major news publication and that is the only reason we are hearing all these prediction from people like these. If ETH could reach the all time high valuation i would be surprised but for the price to reach $9k is day dreaming. It would be cool if we have only bitcoin as a speculative coin unless big investors are willing to pump the coin until the bubble is burst.

A long term target for bitcoins would be between $150k to $350k which may happen by end of 2021.
A short term target for bitcoins would be around $20k which may happen by end of this year.

But these are all based on the theory of history repeats itself. We had another halving hence its time for testing the current ATH. But, recession might be the unexpected factor, we are currently having which may influence bitcoin prices at any level and that may lead to changes to above speculation accordingly.

Bitcoin needs to attract more number of adopters along with institutional investors then only we can think about having new ATH. At the same time, any prices around the current ATH might lead people get attracted to bitcoin. This is how bitcoin made people to adopt it. It means bitcoin will have some huge price which will lead to hove more adopters which again lead to further huge prices but in between whales dump and buy back 8).

I'm personally not sure it will happen or it is just a motivation maybe for me personally, it seems very unlikely cryptocurrency without a big adoption and at least there is always resistance from various parties at any time can jump very high quickly, even though it is predicted to occur at 5 years to come or how many years to come, I personally still find it hard to believe but whatever they say, I personally remain confident that the cryptocurrency market will grow but not at such fantastic prices.

Bitcoin goes up to $ 150k..  I'm sure it will happen, but it will take a long time (maybe 10-15 years)..

Sorry before..  but I'm skeptic Ethereum will be priced at $ 9k.  the number of Ethereum increases every year if you look at the current Ethereum circulation which is 111,281,483 ETH (based on CMC) we say the amount of Ethereum does not increase, if the price of Ethereum rises to $ 9k then Ethereum is the number 1 cryptocurrency replacing Bitcoin.  I am optimistic that the highest ETH price will only penetrate to $ 4-5k..

Probably true.

The issue for me is more that Novogratz (and most everyone else) is bullish and long. The data shows no one is shorting either. (https://bitcointalk.org/index.php?topic=5196072.msg54585684#msg54585684) As they say, "when everyone has already bought, who is left to buy?"

This is not necessarily a deal breaker for a bull run but it does suggest traders are net long, which implies net sell pressure. The ideal bullish scenario is the opposite: everyone is bearish (already sold) and shorts are high, which implies lots of latent buy pressure if the price doesn't go down.

I supposed to think it really great but the chances of having it reach are actually far. Not even we wait for 10 years, 20 years. We already know the situation and people won't risk their money for when having that price, not even me.
Influential people could actually make an easy statement without any basis and this speculation I may thing it is only his imagination. May $50k for Bitcoin and $1k for Ethereum is achievable but not that $150k and $9k. We're not to expect the price to pumps as it just as magic and people buy during that time.

In the grand scheme of things.  btc is worth  170-180 billion as I type.

The USA printed 4 trillion dollars more the 21 times that 180 billion value.

This was done to help the job losses from covid-19  europe printed more then 1.5 trillion euros about 10x the value of btc.

Asian countries are also trying to stimulate their economies by printing money.

We could see big price spikes in all crypto gold and silver.  Along with other precious metals.

So the idea of crypto doing a spike to 150k btc and 9k eth is not impossible.  but not likely.

I think in 10 years it's possible, but I could be wrong like you could be wrong, we never know, prediction is just what we can do for now, but no such thing as impossible here, we based our prediction in what we think is realistic but bitcoin can really shoot up high.


That's what I notice too, because they have a lot of followers but it's always up to us to evaluate such statement, if we think it's possible then we believe and follow it and if not then just simply disregard it, in the case of the OP I posted, I believe bitcoin will reach at this level, but for ETH, it might take some time.

If people could believe BTC was here for sure in ten years then already today it would push past 10k and establish it as a low not a high.   Thats yet to happen and there is much incertainity in the world to deal with.    Crypto also has to do more to improve its usability for its wider application into the world, it has to be grandma proof and usable even when drunk ie. totally simple like a remote control.    Its still too much of a tech product for the savvy and people might think its simple enough but its got to be fool proof or similar, theres a worth in the price and value attributed in making it this way.
  9k for ETH seems a little too high unless it deploys contracts to a greater extent and some advantages over BTC, comparison should always be in the total market capitalisation, regular revenue etc. not the price.

I'm tired of reading article content of bitcoin price predictions. Some of the price prediction can make you wonder how did they get their figures from, how possible or how long will it take for bitcoin to get that said amount.
With the way bitcoin is going in price, $150k is not achievable in 2years time.

Bitcoin always has a way to prove it although it seems impossible to happen. There some analysts already who made by some experts, yeah I say them as an expert like Adam Back who predicted bitcoin price could reach $300.000 with or without institutional investor because he looks at the current economic situation. But for me, I won't say it will happen or not I'll just focus on my target to collect bitcoin as much as I can and I'll it for long term investment like ten years and more. Bitcoin has been maturated, there will be many people who will see it as an investment place and even can be competed by gold.

Obvious that this is another bullish thread mate and many of us always longing for this kind of thread.

But the thing is do we really need to believe everything this Bullish people say?

Yeah this is lower than what most of the prediction we read about the price of bitcoin in Bull run but i don't think this is indeed to happen in our days now.

Look how denial we are having this time because of the Pandemic effect of COVID19.

The crisis are going around the world and even the Strongest countries like America and European countries are struggling how to end this.

So better let us just wait for the future prices and stop looking for over pricing.

Another day another speculation that bitcoins price would reach out $XXXXXX amount in year XXXX .

This kind of lines can really be seen from time to time where people do become exaggerated into their wild guesses on where the price would go ahead. Nothing can predict out on where and when it will move.

This had prove out by BTC itself that it can break majorities expectation in a blink of an eye or a short span of time. Just to ask, did someone able to speculate that we would able to hit up that 20k ATH?
Im sure or 100% of us didnt really expect that one.

Experts, analysyst, known CEO or whatsoever. No matter what is their position, it doesnt really count for it to be precise when it comes on dealing with this unpredictable market.

How likely would you have said $20K was in early 2016? :)

Regarding all the money printing, a lot depends on how deflationary (if at all) this recession becomes. If it's just a typical recession like 2008 with only minor deflation, then all the money printing could definitely help propel BTC to new heights. If on the other hand it's another Great Depression with deep debt deflation, then I'm not sure I'd bet on the same outcome, even with central banks doing what they're doing.

I understand why people keep predicting that we will go on such figure but for giving a huge figure is to much especially if we look at the current state of the world it so hard to come up even the past ATH where it almost impossible for us to reach by this year, we need more volume but that's not gonna happen since many people are afraid to throw their money on investment at this moment.

No one can predict accurately where bitcoin price will move, but people can predict bitcoin price will move based on what happens in the market. We will hit that price, but we don't know when the time for that price to come to us. Perhaps, they are wrong in the predicting, but at least, they can have a hope to wait and see for where bitcoin wants to move. If that does not happen, then they will make another prediction, and sometimes, their prediction can be right, so, at that moment, they can be able to make a profit.

Perhaps, we already get experience from bitcoin, which can increase higher in a short time in the past, so that makes us predict where bitcoin price will move.

Agree. "When" is definitely a question everyone wants to know. Bitcoin is absolutely a treasure to humankind and its benefits are uncountable. However, it's hard to see the advantages in the world full of new techs. The blockchain itself has proven that the world can become a better place which is more reliable and secure. But as the rise of AI, space adventures and electric cars, people seem to forget about bitcoin and other cryptos. And 2018 most of the people lost their fate in bitcoin and that's the main reason why bitcoin can not multiply its value.

In the future, we might see more applications of the blockchain and its clearly that many companies try to make the blockchain even stronger. And at that time, bitcoin may hit $150k. But of course, its hard to know when will it happen. Hold some bitcoin in your wallet. Who knows what bitcoin can bring for us

We are not denial, we are seeing what is happening with the world and how it has affected our economy, but we also expect that it result to a drop of price for bitcoin but it didn't happen, in fact bitcoin rises this year.



How can you say I'm over pricing here, do you know exactly how bitcoin should be price right now?
I thought bitcoin is an speculative asset, so it has no appraised value or whatsoever.

Bitcoin is no doubt that can reach that High in the coming uears but ethereum hitting 9k$?i am not sure if i am going to believe that not unless Vitalik Buterin will do His best to release the ETH2.0 and follow by another version in the following years then those progress might really bring best for the said number 2 ranked currency but if not?i am not sure if this will happen.

can you at least Give your opinion for this "Not Achievable in 2 years time"? because 3 years ago people also make bad comment about those saying that bitcoin will Hit 20k but in 2017 what happened?most of them regret what they said.

Surely i am one of the most happy people here in crypto if ethereum reached that $9k value,imagine how much income i will gather for just holding of more than a year because i bought some of my ethereum this last march 12 when the market falls low again of 50% decrease in price.

and also bitcoin Hitting 150$ thousand dollars?

I will become a millionaire here in my country and can't wait for this to happen .

Many people regretting to believe that prices like this is like a dream but when it comes?all of them feels loser and regrets everything.

keep holding, the price may fall but that is just temporary, or due to the volatility of ETH but for long term, I believe not only bitcoin is bullish but also ETH.
$9k is not a big price to achieve since we have see what cryto is capable of in the past, bitcoin going to the moon, altcoin also did the same.


I wish you luck mate, but if you hold enough, it might come true.

We must keep our hopes alive that it will eventually happen, our biggest evidence is the market condition, because even if we are in the pandemic the market continue to improve, if there is no pandemic, we could have reached the $15000 at this level, so many positive things are happening now in the market, I think the best is yet to come for us this year, we must keep on believing.

Very optimistic predictions but not realistic if you ask me. Sometimes it seems that people think how Bitcoin price will really go to the value they want only if they want that hard enough.
Bitcoin is still under 10000$ and it seems that barrier is hard to cross so from the current position 15000$ doesn't look very likely as well as 9000$ for ETH.

I think these are incomparable levels. 15k is absolutely nothing unusual or even new for bitcoin. And 9k for ETH?!  :o Interestingly, the one who predicted such a level understood the approximate capitalization of ETH under these conditions?  ::)

Ether was the first coin that i started accumulating.
After that the prices started to drop and I didn't sell, thus I am a huge Ether hodler. If the price is going to surge to 9k it would be a dream for me and it would give me decent money to make my dreams true.

well i've got bad news for you, it is one of the very basic laws of any market called supply and demand. when there is unlimited supply of something available that thing can never have long term growth. that is one of the reasons why we have inflation in real world, the banks keep printing money (unlimited supply of fiat). a coin like ethereum that also has multiple similar and even better competition (better smart contract platform) that also has unlimited supply has no chance in a million years to reach such a high price like $9k.

As of now,  Bitcoin going to $150k is a wishful thinking.  There is no strong reason why Bitcoin will go up to $150k except for the thing called scarcity.  But I think scarcity alone cannot push the value of BTC to such extent except if Bitcoin became mainstream and main global currency.  As time goes by competition in the world of cryptocurrency is getting tighter.  Though Bitcoin is leading the cryptocurrency industry as of today, we are not sure if this will stay after a decade.  Changes happen and Bitcoin dominance is not an exemption.  I hope to see Bitcoin at that price but realistic thinking tells me that it quite impossible to see Bitcoin reaching that price($150k).

The hollowness of the prediction is on display when they predicted ETH to reach $9k  :D. Hope they understood that the total supply is infinite and for a coin that is unlimited in nature you cannot imagine a price to be growing just like that. There might be certain pump and dumps eventually but that does not mean the price is moving up because of the potential of the concept :D.

Theoretically, we can call some figure that will be the "absolute limit" for the emission of ETH - inflation during the transition to ETH2 will significantly decrease. Considering that we are not immortal  ::) (and the modern economic system, too), this limit exists. Another thing is that this does not help ETH to reach a obviously fantastic level of 9k  :)

The supply of ETH is not "unlimited." It doesn't grow on trees. On the contrary, exchange values suggest it is relatively scarce, not to mention its inflation rate is shrinking over time, lost coins, etc.

An eventual fixed cap on supply (like BTC has) is just the most extreme way to reinforce price appreciation. It's not necessary for weak supply and strong demand or bubble conditions. Just look at past altcoin bubbles for inspiration.


Ever looked at an ETHUSD chart from 2017? You really think it's not capable of a measly 650% run above the previous ATH?

Most of the altcoin and stablecoin economy is built on Ethereum. It's not going anywhere. And even if they only manage to do hybrid POS (not full POS as hyped) it will still be a huge catalyst for a bull run. I'm very bullish on ETH long term. In my opinion, $9K is aiming fairly low for the next bubble. ;)

$150k could it something to work and has the possibility but it takes more many years to come. Keeping the momentum in regards to market demand will possibly move high and doubling its volume as of what we have today and this will make a favor to reach for another ATH.

But for $9k for ETH, not that great it was coz it is still unclear how Vitalik is serious to his/their plan for ETH 2.0. Quite that it helps to uplift the price but for sure it will not guarantee that it reaches $9k. $4k-$5k will either be achievable and near to reality as the fact that ETH market demand is still not progressive at this time.

I am going out on a limb here, but there is very little chance of eth 9K.
That's a trillion $ market cap. For what?
On the other hand, I can easily see btc at $150K since the use cases for it are much more streamlined.

not just for you, even for all cryptocurrency users, a bitcoin price of $ 150k and eth $ 9k is a dream. this will affect all types of crypto. Well, it's a good spirit to wait for this to happen, but don't get your hopes up, because right now the opportunity is almost invisible. in fact, the price of ethereum even remains at the price of $ 230 for now.

No problem if you have a big dream to see ethereum will be at $9k ;D

For me, I prefer to see ethereum increase to $1k, and that means we all will make a big profit because I am sure that many people are holding a large amount of ethereum now. Maybe some of them are still buying ethereum at a price now because they believe that ethereum will increase at the right time. So if the ethereum price now is still at $233, then it will be the best price for people who want to buy more ethereum.

I like the image of the Harry Potter reference right there.

I guess this prediction is based on past halvings. Still, this might just be a strategy of them so that people would immediately invest in Bitcoin and that would surely pump the price to a certain level but I don't think we will be reaching that high of a price so soon.

The higher the market capital, the lesser it is likely for the price to increase. That is just the fact, for bitcoin to reach $1500000, it will need a market capital of about $7 billion or more. Can this be achieved? Even, if it will be achieved. It will still take long period of time, I can take decades possibly.

I got confused by this but I understood it afterward. Whenever we have been surpassing a barrier, the harder it is for the increase to come. But, I don't mind about it. We've just passed through the halving and we'll see what awaits for us next year.

Right.

Only time can tell when. We may be bullish or not, we are all wanting to see bitcoin at higher prices.

Sorry,  but I'm confused with your statement, and you exceed 0 on the $150k, that will be read at $1.5 million.


This one is also confusing me, bitcoin has $19 billion 24 hours trading volume, and you are doubting that $7 billion can't be achieve?
https://coinmarketcap.com/currencies/bitcoin/

please, can you enlighten me with what you really meant?

I have a feeling ether will go to $11k in the next three or four years, and it will unpeg itself from bitcoin's 4-year cycle. It will still be the second coin, but the gains will be greater than bitcoin.

I also see a risk of ripple taking the first place, due to the massive support it might receive from the banking establishment. This would put ether into the third position. In this scenario, ripple will also unpeg itself from bitcoin, and so we will have three different cryptomarkets, competing for dominance. Today we only have one.

I doubt that Charles-Tim managed to express himself meaningfully because there is no logic in what he wrote. 7 billion US dollars is very little money if we talk in terms of price impact, because for comparison some statistics say that the marketcap would have to be around $1 trillion (which is $1000 billion) for the price of 1 BTC to be around $50 000. It means that here we actually need to consider a lot of money if the scenario from the title would come true.

In addition, one should not rely too much on data from CMC because they can only publish what is publicly available, and it is a public secret that all crypto exchanges display a lot of fake volume to position themselves on various public lists as the ones with the most liquidity.

There could only 10% chances for your speculation to become true.

Ethereum will get forgotten by this community slowly like how people stopped considering litecoin as a hot investment opportunity. In same way, ethereum will get replaced by another interesting/innovative altcoins for another short period. Because, this is how altcoin industry worked & has been working and I am not seeing any possible disturbance to that.

XRP to dominate? I guess there will be only 1% chances for that. Because at any time, ripple corporation may get seized/regulated by governments or they may go bankrupted like many corporate count their fall. Yes, XRP is just another centralized corporate's money hence it has many chances to get failed like any other money laundering or ponzi programs.

Still, I agree both etehreum and XRP may get themselves out of bitcoin's 4 year cycle (probably they have done it already 8)).

90% for the first one, and 20% for the second.
As for centralization, 1% of bitcoin's users holds 99% of supply. I dont see much difference with ripple here, where its creator holds most of the supply.

I am sure that the guys who read this article are already starting to have cowardly hands as if in a fever. Even Vitalik Buterin in one of his interviews spoke about the possible maximum prices for ethereum and there sounded numbers and 10,000 dollars, as well as 15,000 dollars. then it’s possible $ 9,000 for ethereum is really a reality. the closer this period approaches, the more breathtaking. I apologize, but for today I have managed to read so much positive information about the upcoming cryptocurrency price increase that I no longer have words for a real utterance. ::) :D

7 trillion* , we are already at above 170 billion in marketcap already. When you are saying 7 billion and mistake it with 7 trillion dollars, do you know whats the difference is?

It is basically 7 trillion dollars difference. So as you can see for bitcoin to be 150 thousand dollars we need the market cap to become 7 trillion dollars, bigger than 20-30 nations that are very poor (or just small), we are talking about almost New York stock exchange levels, we are talking about money that needs to come into bitcoin to be in hundreds of billions.

I know we like bitcoin and I do like it as well but that is just way too much for bitcoin to handle and I do not think that will happen. Surely it will go up, surely it will be bullish, but not $150k type of bullish, that's magical.

It doesn't really matter. Altcoin bubbles are built on visions of the future, not shipped final products. Bubbles also don't bow to realistic valuations. People just stop selling and hyped up retail investors buy into a thin market. The sky is the limit.

Everyone here Hoping this to become reality.

It has been more than 3 years when we last saw the Bull run coming and
 hope it will be here again anytime soon.


The thing is when this will be happening?

after reaching the $20,000 value everyone of us are waiting for 6 digits run but did not happen.

so now when this thing comes real?surely all of us will be instant richer people.

for now, we are still doubtful whether the price can be achieved or not, moreover the current conditions are not so favorable for crypto. I am honestly curious about the basis of these predictions and speculations. Yeah, but, I also expect a high price, so I will still wait for the price of bitcoin to reach hundreds of thousands of dollars.

of course people will doubt for a kind of price like that . 150k usd for btc is just a dream for now because btc didnt reached that amount yet in over 10 years of its existence  but if that amount has been achieved before , people wouldnt doubt that much but will only going to predict more of that just like what is happening now to the 10kusd assumption . higher price is hard or will take time to achieved , thats why some people already give up and will only stick on lower profits but atleast sure and secure  .

Today it is very difficult to predict something regarding the prices of Bitcoin and Ethereum in the future. Especially the current situation is exacerbated by the economic crisis due to the coronavirus. Although the cryptocurrency market during the crisis partially showed very good results. at least Bitcoin has not yet shown what effect halving has on its price, and we have yet to find out at least next year. and with respect to Ethereum there are high expectations, When Ethereum 2.0 is launched and the possibility of staking appears, because many ETH owners will want to receive a reward, rather than trade in the market. Based on this, there are real prerequisites for a bull run in the near future.

I can not imagine it happening next year, if the price of Bitcoin to $ 150k maybe Altcoin really has a price of 1000% from now,
I can not wait  ;D for this come  ;D

Actually, it's common to see such prediction especially if the price movement is doing great or if someone invested a lot, of course he/she will create a hype. A lot will be happy, including myself if this thing will happen but I really don't take such prediction seriously. As of now, a 6-digit price is still a dream for me, unless will beat the ATH and will pass atleast 50-100% of it.

Dont wait for it until next year, chance of happening this on a span of a year is impossible 1000% gains is possible but it takes time for every project. Ive missing a bull run experienced too but a prediction like this would have not guaranteed any of the author says. I am not saying it wouldnt happen (actually Im excited if this ever happen)  but we must be ready for anything the market gives us. Lets target beating of its last ATH first before counting eggs like this.

Don't stop being a believer. Yupp that's true.
But let's be realistic too as at some point you need to live and dealing with reality... not just the expectation and some dream to come true.

And then what to do?

Leave your 1 bitcoin forever in your wallet and use/allocate the rest to cover your high expectation that bitcoin could rise high but then the reality it gets free fall instead.
At that time you will have a win win solution..
Whenever the price fall ... you have an opportunity to get more bitcoin on very cheap price.
And whenever it gets skyrocketing to let's say $150k ... you'll get your benefit from your 1 bitcoin holding!

Happening of this is also going to be a big deal for the market as it will double the gains of many people and they will be thinking of selling their coins for taking the profit which can cause the bull run to stop for a while, but if enough people hold on their coins and there will be a small number of people selling their coins then surely the price of $150k is really achievable. But not in the time range as said by the tweet, cuz its a lot of gain that is speculated in a small time period.

Probably you are still underestimating the power of bitcoin markets. Moreover, this is a common mistake most people are doing at the every bullish markets of bitcoins. People like you expected bitcoin to test ATH by the beginning of 2017 so they set targets around $1800 (which was ATH+80% growth) and then regretted a lot when bitcoin was 10x by the end of October 2017. In November 2017 alone bitcoin performed 100% growth and in the span of 11 months (from January to November of 2017) bitcoin did approximately 2000% of growth.

I mean there are 101% chances for bitcoin to test $150 levels incoming months. All we need is, just preparing to face them. If possible, buy more now (still at your affordable limit) and expect bitcoin prices to reach $300k levels by end of 2021. One simple supporting analysis on this is, bitcoin's 4 years cycle. Every four years bitcoin shift to 10x sustaining ranges and above that are just bubble happens due to FOMO.

It is good to dream and think positively that the price will rise to 150k in next, but what are the factors that will lead to this price rise. Frankly in coming next few years not seeing it rising so much but even if it crosses the first huddle of all time high till next year will be the good thing for now. Even if btc crosses 50k in near term will be the big thing for many people.

Yea, it's nice to have big dreams! We have seen even crazier predictions for btc, but until now I didn't see so optimistic prediction for eth. $50k is a reasonable prediction for btc, and that can happen next year, but about eth I am not sure we will see more than 2k, in case bitcoin rise over $50k. But all that are just predictions, and many of us are optimistic about the future of these two coins. Reality is something else, in my years here bitcoin surprised us many times, and in that I am sure, we will be surprised many more times, but that goes both ways, it can be a good and it can be a bad surprise. I was on both sides many times, and I am open for new surprises!

No one would hope for a bad surprise if we are optimistic with its future, but it's the nature of bitcoin, very unpredictable and volatile in a short period of time. If bitcoin hit that high, that might take a lot of time, but it doesn't matter as success should not be easy, slowly but surely, I think that's what we want to see as it would strengthen the foundation of crypto, not the other way around which is the pump and dump.

Lastly, I believe that nothing is impossible in crypto, even beyond our imagination, it could happen in a certain time or any time.

Spot on!
This is the big QUESTION MARK from this bullish predictors that only rely in chart movements and pattern. We need relevant events in crypto space that could potentially make Bitcoin rise up again and hit new heights. Though these financial analyst and whatever you call them might change the peoples perspective and the market sentiments, but it will never going to be enough. Whales will take the first step, then retail investors will be fomoing, thus causing the price to rapidly rise, and that's how bullrun will start.

please, don't wait for it. it's very heavy if you wait for the price. even I am not so sure that the price will be achieved in the next few years. Well, I'm optimistic about the development of bitcoin prices that will happen going forward. however, prices are currently out of speculation. however, the price of more than $ 100k is very difficult to wait.

Don't want to start having bullish thoughts about bitcoin now. $150k is way too much for bitcoin to skyrocket to in this bull season. The limit price bitcoin could exceed to is $70k nothing more. Let's not build our hope on something that will be difficult to actualize in years to come. The present flow of bitcoin price is okay for me. Don't wanna start hyping it before I lose my mind of becoming mega rich

Some years back when I joined the cryptocurrency industry I saw some prediction of bitcoin hitting $10k back them bitcoin was trading around the $400 to $600 margin. Although I believe in the technology, I had my doubts and was a little bit skeptical which resulted to me not investing fulling in bitcoin. Fast forward to 3/4 years later bitcoin achieved that price and even went as high as $20k but it didn't stay at that price for long. What I'm trying to point out here is no prediction is undoable for bitcoin or the cryptocurrency industry.

I'm must interested in ethereum as It would be amazing to see it go that high, bitcoin was able the achieve that with just the trust of the community and if ethereum with all the development ongoing can get a little share of the trust the community has for bitcoin then achieving that price won't be that hard. Lets keeping watching as the future holds the answer.

When do you think Ethereum could pump and reach $9K ?  Ethereum is transforming from pow to pos and they may be one reason why the price of Ethereum may pump because people will stake Ethereum to get profit and this way investors will buy more Ethereum.

The highest the Ethereum reached was around 1000$ and if it touches the same mark within one year, it will be really good.

@Brainboss did not mention Ethereum had pumped up to $ 9k and what he mentioned was being able to achieve the same high value as bitcoin at that time, so this development was quite good and support from the community as well so this price jumped higher in 2017.

But we will be hard to see that happening again because there is still a lot of speculation about price predictions so that many are consumed by their talk but sooner or later these prices will increase again.

This will be the wish of most people in the crypto space but this will not come in the next bull run but only in the near future. This type of speculation is outrageous and seems to be far from reality.

I am not sure about Ethereum, but I am quite positive we will see Bitcoin at over $150k in the next bull run that will happen in next 3 years time. I expect to happen earlier, but just to be sure because of all recession uncertainty I put 3 years.

Next bull run that will happen in next three years? Like how do you know that? Did you somehow travel across the time and now you are letting people know about the bull runs?
You are saying it won't be happening now due to recession (what recession exactly are you talking about?), but how come are you so sure that things are going to change?
Provide some solid facts to backup your claim. Or else you will be also considered as one of those people who make outrageous speculation based on nothing.

How many of this people will predict almost same thread?yeah not that same but exaggerating is always there.
Why not let those other thread Pumped if there is this happening.
That is why we must not just believe in every post like this ,and don't be mislead by these liars.

That's an absurd speculation. I know we'll be going to see that price soon but isn't it too much earlier to say that? Last time I checked the last ATH of Bitcoin in 2017 was around $20k and in a short length of time they expect us to believe that it would rise with a price like that during the next bull run?

I don't know where they get the idea but that is totally absurd, people might be holding more if they believe that it's going to hit that price in the next bull run. That is an easy way to get rich quick, isn't it?

$ 150k is a very high prediction in my opinion, maybe you can replace it with $ 15k first, after a $ 15k resistance is passed maybe $ 30k, I feel pity for people who are new to the world of crypto currencies, and see this thread, because if he invested and dont research first he can disappointed

Perhaps this is an information stimulation of cryptocurrency users and at the same time manipulations to cause a stir in the market and artificially increase the demand for bitcoin, bringing bull run closer so that it becomes possible to sell at a higher price as soon as possible. I’m more than sure that Bitcoin will reach a much higher maximum than $ 150,000, but this will not happen as fast as they say.

the 2017 bull run. had a low of 900 a coin in jan 2017 a high of 20000 a coin in dec 2017

20,000/900 = 22.22 x 1 factor

Our low for 2020 was 3800

so 3800 x 22.22 = 84444 not 150,000

so if we sky rocket to 84444 it would fall short of the 150,000 prediction made here.


However if you go to the 1/2 ing price of 2016 on JULY 8 a day before the 1/2  we were at 667

and we ran up to 20,000.    20,000/667 = 30 to 1

may 17 1 days we were about 9000. and 9000 x 30 = 270,000.  that would be high end match number to equal 2017 bull run.

or go  to 9000 x 22 = 198,000 both   198k and 270k beat his 150k guess.

look at it another way.  150k x 18 million = 2,700,000,000,000.


This  2.7 trillion usd   I personally don't think this much crazy people money is out there to feed into the crypto game.   It is a lot of wealth

Yes


Recession happens when economy contracts two quarters in a row. USA and EU had contraction in Q2 of 2020 and I am quite positive since I am a time traveller that it will have also GDP decrease in Q3.

Obviously this type of calculations are wrong, people who keep saying "it was $1k and moved to $20k, so if it is $10k that means we can go to $200k" type of calculations of basically with the mindset "it went up 10x amount it can do it again" will be all wrong and will never be right ever because they forget one thing; money required for it. I do not get why people never consider that to be a problem but when you are dealing with these type of economics, going from 10 to 20 dollars in price is not the same as going from $10k to $20k.

You can get a whale that owns like 10 million dollars for this and he can make some small altcoin that is 10 dollars and move it to 20 dollars if the market cap is small, that was bitcoin years ago when it did it, however when you are trying to move something 10x and the volume is in tens of billions, no human (even bill gates) can do it alone, he would need others to get hyped about it with him and not sell against him.

the question is whether it is realistic that bitcoin will be able to reach $ 150K, of course analysis can be right and also many analyzes can be wrong. if the possibility of an increase is certain but it will be as big as the analysis, it certainly seems fantastic. but it must be remembered that in crypto it can happen.

we've passed through halving three times, let's look at the search of halving.
- the first halving fell in November 2012 and when a year later in December 2013 bitcoin could reach $ 1.2K.

- the second halving falls in July 2016 and a year later
As of December 2017 bitcoin can reach $ 19.6K.

- The third halving falls in May 2020.

will a year later be able to reach the highest score again even past 2017? if you look at the halving incident that has passed, that fact happens. But how much bitcoin can be achieved?

Though very doubtfull about it, i would personally enjoy even half of that very much. Sell everything and move to some small island and live of the gains for the next 500 years. That's the dream anyway

The price is a very high one, and one thing is that, the price is not that impossible to attain in the crypto space,  but one thing is for sure, that it will take a very very long time to attain such price hight. Whales, dumpers will always be there to shake the market, new investors will come in to boost the system. New projects will surge and there might be some new scams that will float the market again and this time, it will be worst. Its possible, but time will tell.

Well, that's a prediction that is still difficult to accept for now, and I agree with you. it's just that, next year is likely to make bitcoin prices go up high, so the potential for achieving high prices is also very large. it's just that, so far I only estimate the price of bitcoin around $ 20k, even that is a very good thing if bitcoin reaches that price.

You must be talking with a lot of money here, that's called financial freedom and complete retirement, everyone wants that so hopefully since we are talking the risk investing in crypto, someday we can make a fortune here and it will fulfill our dreams whether how big  or small it is.

bitcoin was never created to fulfill people's dream of becoming rich, instead was created to fulfill a different dream. a dream of reaching financial sovereignty and it has been doing that very well so far. in fact i believe one of the reasons why bitcoin hasn't grown as much as it should have in the past half decade is because people started thinking of it as a cash cow instead of the real reasons why it was created.
in fact that wrong way of thinking is exactly why shitcoins such as ethereum were created. to become pump and dumps that give short term profit to a minority group.

I understand the real purpose on why bitcoin was created, I am investing on it because I believe it will be a successful in the future.
When it's adopted for its real use case, the demand will increase so the price will rise.

Actually, I am a user of the coin for online transactions particularly in my gambling activities and I am an investor as well.
I think if people have the same mentality as mine, crypto market will grow as expected.

But then, what we are seeing here is the reality, adoption does not happen overnight, so for me, I'm convince that I have to hold longer for my purpose to fulfill which is to make money from investing which I believe everyone's dream as we are not uses alone but investors at the same time also.

At least in the back of our mind we are expecting this right?

Yeah i have been longing to take my leave in life and pursue my dream house outside the civilization.

Living with my wife and children under the sun,with my all living materials and not having any problem at any amount.

With my livestock and fruits in veggies in my back yard?with water beside my house and perfect sun set?

oh my God i want this to happen.

Bitcoin Hitting 150k and ETH to 9k,i will be more than richer as i wanted to be.

You and me both :D

That said you can't be rich enough....

anyone has the right to do an analysis and predictions of what the price of bitcoin, all finally returned to people who read these predictions whether to believe or not.
I agree with what the colleague above said that it is appropriate that bitcoin must be able to pass a crucial figure that is able to penetrate $ 10K, then it will probably be continued gradually to $ 15K and continue to increase again.

is not that no one wants, of course all hope that bitcoin can penetrate $ 150K, because we can be sure all altcoin will also be raised up. but once again the prediction is reasonable and not too fantastic, because we also have to be realistic to be able to accept predictions.

Hopes are damn high in this years bull run season. How I wish it do come to pass as it is predicted. Imagine people getting rich over night without stress. Surely, if bitcoin hits $150k it will be ATH for altcoin. Am beginning to feel the vibes of bitcoin speculations (bullish feelings).
Will be patient enough to see this happen in years to come

That is almost impossible to happen. I think the only way bitcoin could hit 150,000$ would be through a total bankruptcy of traditional economies and their fiat currencies, forcing everyone from the whole world to move their funds into crypto currency to start rebuilding their countries.
What would create a brand new rich class (early and currently crypto holders) who would execute great influence on this hypothetical new world.

You said it right! Even if we do saw up those calculations that you had made then its really unlike to happen if we do talk same multipliers on different prices that we are into.
3000 lower low vs 900 lower low  in specified year that you had mentioned then basing off the pattern would not really be that good to presume on since numbers are
already high to consider on having the same multiplier that would happen ahead.This is why these numbers are somewhat unrealistic because if we do indeed try to calculate
on how much money needed to reach up those numbers then we would really already had the idea on the chances that we are talking into.

For the year 2020 big price predictions were made. Importantly it was predicted to grow higher and higher from the beginning of the second half of the year. To the expectation the price has increased a little, but the same didn't got carried forward. Bitcoin reaching such a big price is possible, because during its previous ath none expected it to touch $20k. Everything happened in a short, in such a manner the price pumping can happen. Another thing based on the market volume calculation there is contradiction. This has made me believe the price to reach at least $50k.

There were actually a lot of predictions in a yearly basic, in fact during 2018 when the market was on its worse, some still predicted a bullish market and bitcoin will rise to break a new ATH, reason why people loss a lot of money because they still hold, especially on the altcoins.

Therefore, we really don't when the market will be bullish and what price it will reach, so as long as we continue to believe, we will also continue to hold.

It all matters in ones decision and goal in mind because if we do really believe on what the future brings on a specific coin then you will surely hold it up no matter what happen but to think up carefully then there are
really times which is really the best or the perfect timing on selling off your stash to secure out profits and most of the time these are one-time opportunity that only pops out for a while and if you've missed then
you would wait for indefinite number of months before you can able to break even or having some small profits.It is all random and do depend on market condition plus project potential.
Bitcoin in $150k? everything is possible but this number is almost impossible and how much more on 9k on eth yet we do even hardly break $1500 on it.

I underline your words that everything is possible, and I also believe that in crypto everything can happen.
but we must also realistically look at developments that occur whether it might happen? This is a question that is not easy to pin down properly because it needs analysis that can be accepted by common sense.

all of course want that events can happen, because obviously many will benefit, but again whether it is possible and we can accept it with common sense that needs to be analyzed properly.
hope of course but don't eliminate wise thinking too.