Bitcoin Forum

These days crypto's are having a real tough time or I would say this year so far is not good for cryptos. Earlier this month we got news from UK where MPA's told treasures not to invest in bitcoin followed by harsh reviews from Dr.Doom (Economist in the USA) in a conference held in Los Angeles.

Even with negative thoughts and reviews this strong currency still hold faith in peoples mind because it has the power to change the things, the spirit has risen again 2 days back when "New research from Fundstrat Global Advisors places Bitcoin prices at $36,000 by the end of 2019, co-founder Tom Lee revealed on 10th of may."

Strategist Sam Doctor analyze the relationship of bitcoin mining cost and price and it has led the market research firm to predict the cryptocurrency’s range will fall between $20,000 and $64,000 by 2019 year end.

The calculations focused on Bitcoin Price to Mining Breakeven Cost Metric, known as P/BE, which Doctor says has “proven a reliable long-term support level.”

“We expect the mining economy to grow over the next several years, and project a BTC price of ~$36,000 by year end 2019 based on the historical average 1.8x P/BE multiple,” co-founder Tom Lee.

It's been also predicted by many strategists that the price of bitcoin will jump again to $20k by the end of 2018.

We are hoping for the best!

I hope so as issued by the research result, but I don't know exactly what is researching method and limitation. I assume that some considerations have been carried out with certain parameters, just curious whether the popularity has been considered or not. Past histories of bitcoin, this name is not popular at all until 1-2 years recently specially on the end of 2017 as the amazing spike for price increasing of bitcoin. This increasing has attracted lot of big world-class people of entity to see bitcoin, moreover most of the countries has paid attention to crypto space until discussed during G-20 convention in last 2 months. By this popularity, more attention come into bitcoin then the price can't be considered as in the past. This is what I mean with the prediction of future bitcoin price relate with popularity, if popularity is high then the prediction should be not only historical data.

I hope so too, so many new people who are interested in the world of crypto (bitcoin). but, in my opinion it is still too early to discuss the price in 2019 later. we the users, investors and markets, should focus first on the price in 2018 later, so the price at the end of the year will burst again as happened in 2017 ago. I'm sure the end of this year the price will pass through his new record.

I'd say that it's probably a bit optimistic, but it's most likely not going to be too far from what is actually going to happen.

Bitcoin isn't going to have an ultra bullish year like last year in the year of 2018. 2018 is more likely going to be a year where the markets consolidate at lower levels and eventually find a bottom, where the support is sufficient to put us in position for the main recovery.

If that can happen within this year, then I don't see a reason why BTC can't recover to close to its previous all time high given the timeframe of by the end of 2019, though I'd say a price more than double the ATH would be unexpected for me.

Next year is 2019 and we don't know what actually price of the bitcoin even they are expert research , observation and traders they don't know what true happen. Yed they have probability to happen that if most people buy bitcoin we will see that price or more than we expect..

Experts also lives in the same world. Then how they are all predict the next year possibilities of Bitcoin this is completely decentralized platform so no one is controlling the Bitcoin and future possibilities of Bitcoin is unpredictable. So I don't believe the experts prediction, I know this will move forward

$39,000 in 2019 still cheap to me and I disagree with this view.  There is going to be some fundamentals issues that are going to push or pump bitcoin above that level in $2018. I think we just need to keep on holding our coins instead of selling out of panic of what is happening in the market.

Where is the links that your statement is true. Researchers are doing what they can do to prove something like i do. Place here the links so that it can be verified. Those statements are just predictions we cannot say that it will truly happen in the year of 2019 because no one can predict correctly the future. But i am still hoping for that increasing in the year of 2019.

In the meanwhile time anyhing can happen but evryone will be happy if tht prediction come true.And now the price is still ociilating between $9K to $10K for a long time so the resistance is still there.So we need to start holding our bitcoin to make the bitcoin price to recovery.
But anything can be possible in crypto market and nothing can be predicted so just act according to the current situation.

Well I'm not sure what to think about that.
Imo it's that hash rate is following the price and not the other way around.
Electricity is still very cheap in many countries and the hardware is getting better and better and cheaper with more competition entering the space now.
So people buying Bitcoin because more miners are mining doesn't make that much sense to me. But I'm no expert in that field so I might be wrong or don't understand certain aspects of the mining market.

It is all speculation. Reality is nobody knows what will bitcoin do. As they say in the Wolf of wall street its all fugazi. It may do something and then again it might know. I am bullish for bitcoin in the years to come, but nobody know exact price

That's why people are better off not expecting anything from the market, and especially so when it comes to the short term market. The only prediction I am sticking with, and that since last year, is that I expect the price to at least have touched the $50,000 level. It should be a realistic target with the events that we have coming up in the next few years. There are obviously no guarantees, but Bitcoin's future is looking solid and the price will definitely reflect that. I also wonder when we will be letting go of calculating prices in BTC. At such levels it makes more sense to use mBTC or something else representing a lower unit value. I know you can already use it on exchanges and other services, but I am referring to it becoming the default pricing unit.

As for me, I don't want to put too much expectations right now so that I won't get disappointed if the price doesn't get to that in the future. Specially right now that we have been witnessing wild swings and no one can really predict where the price will go short/long term.


That's the only thing we can do right now, to hope. I know that there are a lot of people who are willing to enter, but seems to be taken aback from what is happening specially in the beginning of the year. Again, I wanted to have a new all-time-high at the end of the year, but will be happy if we ever touch and see bitcoin in the 5 figure mark and let's see how it goes at the end of the year.

Market is so volatile were not certain yet if btc by year 2019 can reach the price as predicted by many. But I think as continues demands on btc their will be an increase. Many speculations though but since price decline I am onto hold of btc. Year 2019 we dont know yet what's the price so hopefully good news comes in cryptocurrency.

Various predictions from expertise people were coming out, but we don't know what happens next. Everything is unpredictable with bitcoin, so we need to be ready to accept the growth as well the drop. I have the belief that it'll reach the $20000 mark at the earliest if it gains good support for a short without much negative news rolling out.

So basically they're using a historical average of the bitcoin price versus the cost of mining. Of course Bitcoin is anything but a smooth graph, which is why they said it will be in the 20k to 64k range. I think very likely at some point in 2019 it'll be above $64k, but may very well be near $36k after a crash if that were to happen in late 2019.

I think we should never think of ever touching the number 5. this year we have to really move and start creating new records, if the new records are successfully re-created, I'm sure the price of 1 btc will reach a very high value and it will be a place of withdrawal for new people or users to enter the world of cryptocurrency.

The thing with strategists is they use too much statistics and mathematics (only big data are valuable for predictions (in my personal opinion)) Sometimes they don't consider an outside point (something that is not a stats, a math formula, or an algo) A price prediction is not only watching a graph on your screen and make some bets like in the betting horse.
Still I hope this one is correct in his predictions :p

No one can predict that, he is just trying to speculate over it in order to create more awareness, so the price can easily go up in a few months (just like it happened before with a lot of other important people) 36k is not possible in a single year.

People say a lot of shit. Inconsiderate of how expertise of a research it is. McAfee said that bitcoin will reach 78k $ by 2018. Yeah right. Look, people believe in what they have to believe. This is why people like McAfee and this expert research dude take advantage and say shit. You always have to do your own research. And you have to be smart. If you're a dum - dum, then you suck.

unfortunately there are so many of these "experts" with their speculations about bitcoin these days on both sides and both group are usually making guesses about things they do not understand. some say it will fall because it is in a bear market and it is a bubble and some others like this are saying it will rise to a big amount just because it was rising and the adoption is increasing.

in the end I do not think we will see the same huge rise this year but we will have a rise because the correction has been over for some time now and people have been accumulating bitcoin ever since.

I hope Bitcoin is reach more than 36k USD in future. But still market is fluctuating constantly so no one is predicted in next possibilities. Many peoples are said expert prediction so surely it will expected in future possibilities but no one is explain which experts are announced in this future prediction.

This so called "experts" has lots of knowledge in their mind the only problem is are their opinion or predictions coming true?or just another storytelling like Cinderella and snow-white..

They talk as if they can see future and many Noobs believing then.but if they fails those believers cried while telling themselves not to trust that guy again lol

I may not see that bitcoin will go further on its current price cause it happens that some whales who are somewhat taking control market trend won't letting it to fly high again. As we notice that, bitcoin price are getting stabilize in the range from $7k-$10k. If that is continuously happen until in the 3rd quarter, definitely there is no chances going into that price.

I think the experts are only just predicting it, the crypto experts have not given or explained the details of the discussion clearly to the traders and investors, I think this is merely for investors and traders not to panic with the current market situation. but, I hope this is not mere nonsense without the plot, hopefully the experts will talk about it will actually happen in the future.

Many experts speculating the price of bitcoin ever since but the truth is price is hard to speculate unpredictable. No one knows indeed but happy if by year 2019 bitcoin price can go up to $36k or more. Everyone of us are waiting for btc price to soar hoping this year a roll up of btc price may experience.

I don't know about $20k by the end of 2018, honestly. We have seen that the psychological barrier (and a solid sell wall) at the $10k mark, as well as the overall bearish sentiment in the market has kept prices low, and I don't think that's going to change just yet. The recovery will take some time, as the bull market last year was extremely long and prices went up by many multiples.

But, $36k by the start of 2020 seems possible to me.

It's nothing crazy like the $1 million by 2020 that John McAfee is predicting, and I think that 2019 will be the start of a market wide recovery. Thus, with the right market conditions, it's definitely doable.

In the first place we all know that bitcoin is pure speculative investment as all people will speculates what will be the price and everything will follow. Nobody knows what will be the price of bitcoin in the coming years but I'm confident that this will be higher than the all time high and I will hold my coins for the best price.

Well, I can wait for this moment and I will keep on holding my bitcoin because I know bitcoin is amazing and it can go higher that anyone's prediction so basically it will be worth waiting for. Don't just listen to any speculation easily, prove it on your own.

He has lost his credibility a long time ago already. He made certain predictions last year and implies that it wasn't him having made that prediction, but someone else using his name. What? Video proof shows otherwise. :P

It's basically the same with all the shitcoins he keeps promoting for $100,000 in return. At some point he was accused of manipulation and whatnot, and then blatantly claimed his account was hacked and that it wasn't him.

This dude has serious mental problems. It's a billionaire. He shouldn't degrade himself like that for pocket change (yes, for him that's pocket change). He's nothing more than an eccentric old man with too much free time.

We sure are all hoping for the best, but generally I have never been a fan of all these guys that just want to be predicting the future like they are God or something. No matter the proof these guys think they have, it is all just some form of hope and we can only get to know how things end up when the time comes.

For now, let's just stick to the present moment. Yes, it is good to hope for the best, but timing when the best will come is just what I personally do not prefer. In the long term, I am bullish, but how long it is going to take, is only the business of time.

It's really great to see bitcoin at that high next year. Is that imagination will be forever as imagination or not? Well, to see is to believe, to experience is to believe. Let's wait for this to happen.

A lot of economic experts where claiming that bitcoin will fall or it's pyramid and bla bla bla but what happened? Their authority must went from high to low but somehow that's not happening. To be fair they try how much power do they (their words) have and since bitcoin isn't that much popular in people, they still remain experts (in reality at least they lie).
So if they predict and believe it, I am waiting for them to sell everything and invest in bitcoin, person has to be silly if he knows sure high ROI and doesn't invest.

We all hope that the value of Bitcoin will increase as more people are coming to invest their money in crypto currency  particularly Bitcoin and i strongly believe that the prediction is not far from the truth which will happen in no time.

All these are just some stories that touch the surface of the earth. There is absolutely no way we can know what will be happening in the next few seconds in the market, let alone, what will be happening in 2019. It may be less, it may even be far more than that, but the only thing we have to ourselves is time and trend. Enough of all these bullshit speculation just for the sake of generating some FOMO in the market. Proven a reliable long term support level? Where is the proof ?

Some months back, even $100k also seemed possible with that time frame. But after few countries stand and mtgox sell-off kind of things made those speculations a collapsed one. As per few experts $36k is possible within 2018, yes may happen in NO TIME.

many experts say the year 2018 bitcoin prices will be very high, but until now there has been no sign of their speech is true.

Calm down, it all takes a process if you appreciate what the experts say. Predicting future bitcoin prices is a cure for current bitcoin price conditions. Bitcoin prices have fallen too far from ATH by the end of 2017, and now it's hard to get back to ATH prices.

But if you have been bored to hear some speculation that experts say, better stay still and just watch it. The price of cryptocurrency is identical to various speculations, and most of the price of cryptocurrency is also be affected by various speculations. Inevitably, we must take part the flow which in this cryptos world.

I think its pretty much realistic guess for future bitcoin price. Mining is becoming lot more expensive and new businesses are growing everyday. I was expecting to see 50000 dollars eventually in 3 years. 35k for next year is fine guess too.

Credibility he may never ever be able to regain, lol. I am sure McAfee was never serious and all he was just busy doing was making his position to instigate some buying momentum in the market to make more money which would be the reason why he was even just busy supporting even shit coins and that was the moment I realized how unserious this guy has been all the while.

I am not a fan of expert opinion anyway, still I am just a fan of the charts and the trend and so far, that is fine by me. In my belief my chart analysis are the real experts to guide me better than anyone else in this world.

Let's hope that it happens.

For now, the price is boring. No ups and downs, no high volatility. Bitcoin is looking like the stock market now.

Well then trade the Bitcoin futures. Plenty of leverage you can use there.
And if you would know how to scalp, you could still make some great profits on a daily basis. Just with trading Bitcoin!
Furthermore you could use this time of a relatively slow BTC market to just accumulate more coins.
Right now is the time, where so often people later will complain about, why they haven't bought more BTC.

Profits can be sought out as long as the person can trade well day trading is relatively slower lately but certainly can benefit even a little,I think it's not that difficult cause I also picked up not much profit like last year.Boring but not bored during trading diligently dude.

Do you seriously expect the market to keep bouncing up and down with +10% margins? It's not the market's fault that you can't take advantage of lower margin movements.

Current market is perfect for longer term accumulation within what seems to be firm range, and that's what people should be focusing on. People should learn that without anything forming a bullish trigger, there is no reason for the price to move. Instead of complaining, start utilizing the somewhat stable market to transact with others, or just take a break and do something else that's productive. Complaining here won't do anything for you.

Isn't it great that when you are being sent a certain amount in Bitcoin that the fiat value remains more or less the same for a longer while? Perfect time to utilize Bitcoin's currency aspect. ;)

Even the expert trader we don't know what is really possibld to happen to bitcoin in the next year. Maybe they predict it happen because they do research and they see what is possible but it's not 100 percent that happen. But I hope the price will increase very high again.

You might call this expert prediction but still is just speculation. Bitcoin is highly volatile and one year is a very long period of time, anything is possible. It's hard to make relevant predictions because from the current position you can't envisage all changes and factors that will influence the market.
To my opinion short term predictions based on a month or two period are more reliable and more convenient to stick to for making some personal strategies.