Bitcoin Forum

The last time the CBOE launched a Bitcoin financial tool, futures, we saw $20k. Recently rising Bitcoin dominance shows people betting on the latest CBOE tool, ETF, being approved.

Bitcoin dominance is heading towards fifty percent by marketcap. What does this mean for the price and how should traders and investors view it? Marketcap is by far not the best metric to read dominance, but that doesn’t mean it can’t add value to your trading.

Latest Podcast Episode Discussing More Details

https://soundcloud.com/buy-or-sell-what-the-hell/does-bitcoin-dominance-matter-to-traders-35

The last time we saw the $20k was not related with the CBOE. In fact, if you check carefully a chart and a calendar you will see that the price started to crash almost the same day. I don't understand why people are speculating on Bitcoin future, while it won't give any favorable result. At worst it can make Bitcoin below the $6k-$5k if the decision is negative

The relationship between ETF approval and Bitcoin price is pure speculation with no substance. And if you want to add data, for substance, you'll see, as said, the history tells otherwise than you do.
Another thing is that the ETF may not be approved this year - it could be rejected or postponed. Any of those options will not help the price.

So from what I see all you wanted was some extra traffic to your podcast(s)  :-\

By definition Market Capitalization is not a metric that can add value to your investment. Market cap doesn't add value to your trading.

Market capitalization isn't a driver of performance, it's a symptom of performance. Market cap is the multiplication of price per share (or token) and the number of shares (or tokens) available to be traded. It doesn't drive performance.

As for the ETF driving bitcoin adoption, it'll likely have a more lasting effect on Bitcoin than the futures market. The futures market doesn't touch the blockhain, it's just making side bets on the price of bitcoin...the same as betting on horse racing doesn't impact the performance of the horse.

The ETF market may require more direct trading on the blockchain, thus impacting price more directly. Only time will tell.

i don't understand why people easily trust what rich guy says. yes, i understand that bitcoin dominance is rising that means bitcoin value is rising too or altcoins is dropping, but that doesn't mean bitcoin will pump up so easily. we don't even know is there any good or bad news in the future, so how do people speculate that bitcoin would rise?  ???

it is just a speculation in the market as you see the value of bitcoin is really hard to step up once again in the market actually the value is already at 6k plus again from 8k last week so we should speculate the market with a reality base on how the market react not what we want from the market.

hope bitcoin can be $ 50k by the end of the year
but with news like that, is it possible that bitcoin will pump $ 50k at the end of the year, I think it's difficult

At present, the probability is still very small, the market has entered a downward trend, and there is no material positive for the BTC, so it is very unlikely to reach $50,000 by the end of the year.

Wrong. The rise to $20000 has nothing to do with the Bitcoin ETF application. When the first Winklevoss application was denied sometime Feb or Mar or last year, the price dip. The rise to $20000 was something to do with CBoE and CME offering bitcoin future contracts.


You can check Bitcoin's historical snapshot (https://coinmarketcap.com/historical/) and you can see that even at the height of its peak, the dominance is around 48%. Personally, I just used CMC to see a glimpse of the price and simplified graph, and as a trader it doesn't add up any value, you might need to go to trading exchanges themselves to really see the current and overall sentiments of the traders.

to be able to reach 50K need a strong reason, as u know bitcoin is very sensitive at the moment just a little bad news can make it down, but to increase is very difficult without the positive support of the news and the actions of some strong parties,  ??? Well, this is only my opinion, maybe there will be a different drama  :D

It will actually taking a miracle for bitcoin to go as high as $50,000 and currently bitcoin is bearish and we cannot find the bottom up till now.  I hope more fund flow into the market in some weeks and months to come for us to be able to make a significant breakout that will push the price above last year high

Maybe you are right, but it's not bearish enough imo. It could swing around this year, maybe not to 50. But it could do a huge run.

No prediction works perfectly when it comes to Bitcoin. As per the correct situation of the market, it is almost impossible for bitcoin to reach at 50,000 but as I said, no prediction works, so it may or may not reach there at the end of year.

I hope this will really happen, because I want to immediately see bitcoin experiencing a high price increase, since December last year the price of bitcoin has not been able to increase sharply.

I don't think that this year could be that could for bitcoin, for me 2019 will be even better than now and prices like that could be speculated in next year not this.

Everybody would wish the ETF got an immediate approval but it didn't happen earlier and it greatly influenced the price of BTC. I really would want a natural growth rather than being influenced by any FOMO, and then when it results negative, we drop that bad. Bitcoin shall go up but it needs its own natural growth.

Is this a dream of the future or a belief in its future? It's just a guess, and not real. This year to be the price that is, not very satisfactory. I do not say bitcoin is impossible. I only expect a few more years to come. If it remains monopoly in the financial market. It absolutely can happen.

It can't be possible, the price of bitcoin fell in the ending of last year.

Even some predictions can reach all time high this year we do not know yet if this can meet the price. Well, who would not like to see bitcoin reaches at $50k all users could be happy to have huge profit. So still their is chances and many hopeful to make it happen.

I never trusted this kind of predictions. I think BTC has to do his own trip, without speculations.

I don't know, 50k$ seems really a lot to me. I'm guessing in a lower amount, like 20-30k, not much more. I'm still waiting the next bullrun as everyone of you, but it's hard to see it :S

Everything is just a guess of everyone. but look at the market objectively. with this year's growth. I think we will not be able to see 50k $ / 1bitcoin later this year. This is hard. Hopefully the ETF will be approved soon and the market will enter the long term uptrend. that's what I dream about.

$50k is off the charts for me. Well, we still have a few months to go to see if this prediction becomes true or not. Hopefully BTC could at least get to $20k mark again though.

In my opinion  $20K is impossible to reach in this year because it seems like bitcoin will continuously goes down, what more with 50K dollars? If the market continuously bleed, it will become hard for it to recover since Ber months are near and bear market did not stop till now.

All these are just predictions and everyone want a quick profit so guess what they want. But markets will take their own time to show the results rest all is guessing game. I too think that this time markets may take more time to reach that previous all-time high price around the 20K mark. Some countries are putting restrictions on crypto trading brings more negative news to market and it reduces the demand for the cryptos. I think by this year end if we reach around 10K and stable price around that range would be a great achievement.

that's very difficult in my opinion. because bitcoin just at the beginning of the year at the pump took several years to pump it up. I predict in 2020 when there is halving bitcoin

2018 will have many promises for bitcoin you can see that bitcoin has many values and potential so that we can invest in such a market so that bitcoin will have the opportunity to get higher prices and 50,000 This is the ideal number that bitcoin can reach

well i cannot agree nor disagree with you since everytjing is possible and can happen with just a blink of an eye anything can happen. I have heard few rumors about that too but nobody has clear statement if it will happen, but it will also be bad if we have our hopes up.

Interesting topic with some backing to what is being stated about the bitcoin prices. Well, futures was perfect entry point for most of the new investors who also had huge money planned on to pour into the bitcoin. May be that is the reason it worked. Now I am not sure what is the inertia of project like COEB because every firm is not the same with same quality investors. Bitcoin literally broke the trust of crypto investors after pull back of january and in what way it will affect the investment this year end is unpredictable.

Imo it's possible with how the price of Bitcoin can easily rise up to 10% in a day. It did fell but the price is still high enough where it can pop off and hit $50k. This is more of a unlikely scenario than an impossible one after what we saw last year. Currently, I don't have a high expectation for Bitcoin this year because there won't be enough money pouring in until the next halving that's just my speculation.

Assuming Bitcoin at the end of this year to be $50K is just to create hype into new investors which is not good specially if the new investors believe such claims, it will only result in negativity in the market. The way I see it the market will just be the the same as last year or even a bit higher that $18k, and in worse case scenario around $12k.

As we all know that at every drastic price increase, there will be an correction. I think if bitcoin reaches $50k, it includes a drasic price increase.
And also last year , it raised from around $ 3k - 5k to $20k and its just around 4 or 5 fold increase in price. And now if it goes from $7k to $50k it will be a 7-fold increase in price, its a very drastic increase compared to last year.

The bitcoin and cryptocurrency markets appeared quite weak at the beginning of August.
The economic crisis is also affecting the entire financial market, stocks and cryptocurrencies are falling!
The market recovery of cryptocurrencies takes a certain amount of time, perhaps at the end of this year!

Indeed, I also think that it's bad to make new investors hype, because they will be disappointed if the price doesn't reach that $50K. I also think that the highest price that can Bitcoin reach in the end of the year is $18K or less. Even though it's recovering there's still big falls which is disappointing.

The next prediction is based on sensations. Nobody can confidently predict a particular price for bitcoin, especially in such a perspective.

Chances are slim, I'd be happy to have $20,000 by the end of the year, the market is already weak, the chances of a big rebound should be slim, so don't be too optimistic.

We always hope for the best for btc but 50k is far from now. But yeah if etf is approve btc will more likely surpass its last Ath

The fact that Bitcoin crashed the same day as it almost reached $20k is because everytime the price breaks a psychological support level (which is 20k in this case),it's logical to see a big Sell wave from those who want to collect profit and/or rise their BTC count for the next uptrend wave.

Where do these figures come from? We could ask if we will see bitcoin at a price of 5 trillion dollars or 2 dollars each. Not based on anything predictions. Even just reading them is already getting tiring.

well I'm sure bitcoin prices will reach $ 50k by the end of the year, but not this year. until now the bear market is still going on and it makes many investors lose confidence in bitcoin.

I think it's worth waiting for the end of this year and then building a forecast. at the moment everything is flying into the abyss, so we will not optimize forecasts. everything will depend on regulatory inputs and from entering into the market

It can be. Many possibilities can happen here in the cryptocurrency and we all know that if something good or an upgrade to bitcoin either it's speed or it's transaction fee the value of it will be rise up and that is good for all of us keep making bitcoin more accessible to all and the security safety :)

Even if the CBOE accepts bitcoin it may not give enough hype to bump the bitcoin price to $50K because we have very short time to end this year so it will be impossible and also there maybe the dump again if the prices reaches new ATH,the dominace level of bitcoin increases have no merit at all because it is just a useless statistics makes no real addition to the prices.

Im 100 percent sure that this will not happen even in 5 years. Its just immpossible. Last pump was because of newcommers,but now all are afraid to blindly invest into crypto because it can dump really hard

More and more topics like this around I feel like starting to sell my things in my apartment and buy bitcoin instead, but to be honest it is really scary too find yourself out of this flow, and miss the opportunities.

I do not want to believe bitcoin could hit 50,000 usd by end of the year , however, considering the volatility nature of cryptocurrencies . I do not think it would be impossile for bitcoin to hit that amount.

The realist in me says "not a chance" but the believer in me thinks otherwise.

It would take a miraculous announcement for the price of the coin to reach the $50 mark in 5 months.

I don't think we would have ever seen such a jump (percentage wise) should this occur.

If we think through the few months remaining this year it is hard to think that bitcoin able to reach $50k. Due to price is volatile who knows once massive adoptions takes place. Bitcoin could possible hit higher price or possible not.

With current condition, i think its hard bitcoin price reach $50k end this year. I am believe that price will happen but i am believe it will not happen this year. 2018 is not like 2017 when peoples hype on cryptocurrency market and 2018 is hard for cryptocurrency market and for investor because many coin and token drop the price

No harm of believing it but if you know how to analyze, you can estimate if its really possible.

Being an optimist, I'm bullish with bitcoin all the time but I'm assessing if those predictions are really reliable and possible. Once there's an indication that the bullish trend starts and there's a lot of positive news coming from these media's it's possible.

But I'm it will only happen next year.

$50k on Bitcoin is wishful thinking. Let's just wait and see how will the market will go. If it all comes down to that idea it is nice to think about it but I think that it will never happen. It might go up up but may not reach above $40k.

50k is possible if and only if either of the following happens:
1) Retail investors see prices rise which creates a herd effect (e.g. 2017). This requires a flurry of non-stop positive news that is more than just a promise in the future (e.g. Bakkt is promising, but in future)
2) Fund managers feel comfortable investing into BTC - This requires custodian solutions, better investor protection rules, more regulations, etc
3) Some groundbreaking improvement in utility of a crypto asset - This could be lightning networking hitting an adoption target

Actually I don't understand why many people want to get quickly rich,it possible to very difficult.bitcoin price not could be stable still up and down is the Bitcoin real Life.2017 last year Cryptocurrency market given good opportunity to get it profit,I think 2018 last year same given up I hope soon is possible.

This has happened now, actually, SEC just postpones a decision regarding bitcoin exchange traded fund. They will announce at the end of September, however, the impact has happened now and made market cryptocurrency down almost 15 billion. BTC drop to $6.482, ETH drop to $370 XRP drop to $0.35 and LTC drop to $65.

This is the risk everyone who predicts or even hope bitcoin will increase with every decision that exists related cryptocurrency, especially bitcoin. Panic selling will happen if a decision is negative, and make cryptocurrency is a place which must be avoided by many new investors.

Like or not, we will always find about thread who discussed the prediction of bitcoin prices with substruction regulatory.

Even if it reaches 50k, I doubt people will profit out of it. I've seen more people lose money from it that gaining (I live in South Korea)

It will really taking a marvel for bitcoin to go as high as 50k$ and as of now bitcoin is bearish and we can't locate the base up till now. I trust more reserve stream into the market in a little while and months to seek us to have the capacity to make a critical breakout that will push the cost above a year ago high.

Well we do not see it for now because market price for bitcoin lately is not that really good. The market look so bad for now and investors began to withdraw their crypto as to avoid the possibilities that crypto will going to end in the near future. Anyway good things are still up with cryptocuurency and it is a matter of time that the crypto will going recover soon.

One of the speculations that would make BTC reach an all time high of $50k is if it gets the ETF approval, then there would be no stopping it, but as it stands we don't have that yet and alot of people are not so sure about many things that's why the prices are going down. I still believe that we would see a slight pump at the year.

We can be sure of this thing that the market value of bitcoin will rise higher by the end of this year but I don’t think so that it will be possible for bitcoin to have this much market value in just 4 months. The market value of bitcoin will rise higher because of the increase in demand of the bitcoin in the international market but still, we have to wait for some more time to see the market value reaching this value.

The more similar topics I see the more I begin to believe in that because it is not a coincidence that so many people are saying the same, maybe it is a good prediction on which we can rely and hope.

There are other factors in play which determine the price, such as big players and whales manipulations. Those groups use the information as manipulative tools, so the news are not the cause of the price action but (paradoxically) the consequence.

Agree on this one because I dont think the current bull and bear competition is gone make things look better in the future. As soon as bitcoin seems to be recovering then there comes the time when bear starts pulling its strings and make the market look the worst.

Just like the todays situation where bitcoin is again standing at the position where its value is equal to 6.5K USD, the same value over which we were struggling since many months. Now what about the 50 k USD market  man? Do you think it is even possible to catch 10K by end f the year. Lolz.

At first, we have to see a new flow of money pour into the market, then good news will come. It brings trust for new investors to join in the market.
To see bitcoin reach $50k, bitcoin has to acquire the value of $20k. It's the mentality's threshold for the marketplace. And for me, it's a long way.

one day it will happen, but I don't think that Bitcoin will hit $50K at the end of this year. But I wish it happen so. :)

I agree.

Except if there is a big problem (geopolitical, environmental, ...), bitcoin will not reach 50K at the end of the year.

But it will in a few years, when the bubbles burst and the crisis comes back.

As much as coinmarketcap is usually affected by news, prediction and speculation, I am not comfortable with extremely bogus prediction. Though we have a high bull run last year but this year cannot be up to $50k

Bitcoin has grown strongly last winter - in fact, this is what many analysts hope for, no matter what arguments they give

Yes indeed, no one believe that the market price for bitcoins could actually reach $19k dollar before the year ends but the prediction of the professional traders actually happen so keep on holding your coins.

The reason for fall of bitcoin from the start of 2018 is the introduction of bitcoin futures as many of the people speculate so I don't think that introduction of bitcoin futures was at all a good tactic in the mass adaption of bitcoin as it have made investors afraid before investing in bitcoin as its very volatile as the ath price was $20k and now the price is still in $6k range, so the investors are afraid to invest in Bitcoin.

No bitcoin cannot reach to this amount at the end of the year.Bitcoin's value depends on a number of factors.The forces of demand and supply,the amount of investments done in bitcoin,bitcoin mining etc all determine the prices.Although bitcoin is the topmost cryptocurrency but still it will take time.Introduction of so many cryptocurrencies have also decreased the market of bitcoin to a certain extent.Some countries have also banned bitcoin.

I do not believe that will happen, you can see that the crypto market is in the long-term downturn and bitcoin prices have been steadily declining over the past few days, the price of bitcoin has gone down which is the price of altcoin decrease by. Therefore, I believe that at this time you should only trade on Bitcoin to reduce the risk of bitcoin prices can continue to drop sharply at any time.

   Himanshu111 is right, forces of demand&supply will determine the price. Correlation between price of Bitcoin and
ETF are thin, I think this news affect price changes same as news from China and their ban.
   What ever they do I think they are making good commercial for Bitcoin and entire crypto-market. Maybe demand
will not rise enough to support Bitcoin price at $50k at the end of this year, but why not to look in more distant
future? That is possible in next 5-10 years and even faster, demand can rise enough for that time. There are positive
news all the time, good things are happening and that will have good results in few years.

That is not a good enough reason to get bitcoin at 50k before the end of the year we need a lot more than that and right now I do not see that price being reached that soon, if it happens I will be extremely happy since that is my target price but if we were to reach that price that soon I will probably still hold my coins and wait for more time because I have the idea to hold my coins at least for 5 years.

I hope you are right. But personally I just hope that the bitcoin is worth $ 20k. Because the number you say is hard to achieve.

There is no chance for bitcoin to reach 50k this year because the trend is very strong and we might stay at a down trend for a lot of months or even a year and i hope that this downtrend will make the market of bitcoin stronger than before because the people are being tested with this trend which will make the overall market stronger, i believed.

It is impossible to reach more than $20k at the present market condition, now bitcoin ETF makes the price to decrease even lower. So instead of predicting higher value, it is always good to move according to the market conditions. This year it is not possible to reach even $20k.

I think anything can happen, did you forget that last year the price could have increased several times in just a short time? especially for 4 months? of course it's including a long time, everything might happen if the pump time comes, rest assured that it happened, and don't forget to holding :)

Seeing the performance of BTC and other coins this year, I will say that this is hard to achieve now. Something like $20000 seems more realistic.

Now, this seems little hard. But if we have the atmosphere just like last year, even more than that is possible.

for now like that it's very difficult to be able to increase prices because currently the price of bitcoin is experiencing a decline in prices and the price of bitcoin falls very deeply if I want to price $ 50k in my opinion it takes a very long time.

I only expect a miracle here now to be able to witness the price increase in the marketplace. Declining price can be temporary but in a long run after recovery, other traders cannot survive with those fuds behind. That's why we're not seeing a good price since January this year, the trend was in the roller coaster ride that couldn't go up high in movement. It dip and dip towards lower value trend. What need to do now is hold and wait, until such time our asset will grow profitably.

Even $20,000 seems like a Miracle at this point. Just look at how whales are manipulating the market. The delays in ETF makes the bear market no longer profitable unless you have the funds but if you are like me who would like to hold coins that are really good, it seems a $50,000 bitcoin is impossible at this moment. I wish it would just go up until 8,000 again. It is the all-time low for 2018 even for altcoins.

This is where exciting event to happen when bitcoin market price will goes high especially to the investors who invested on bitcoin on low amount on crypto and definitely will going to it into higher market price.

yes, high prices at the end of the year are still very difficult to think about. even bitcoin prices that reach above the $ 10,000 price will be very good if it happens at the end of the year. well, this year bitcoin really shows a declining performance.

The whole world believes in this theory and it makes sense. But the interest lies in the fact that bitcoin always moves in the opposite direction from the side desired by the world.

No we cannot see this much of amount of bitcoin.The price of bitcoin is down from a long time now and it is not rising.The demand of bitcoin is falling.The market of bitcoin is also reducing slowly because of the price of bitcoin.Although bitcoin is the topmost cryptocurrency in the market but still many countries do not support it.Some have banned it too.It is decentralised so central banks do not prefer it.Bitcoin is also very volatile and unstable and it requires internet connection.

It seems a bit difficult to see these numbers as far as I can see until now. But it is not impossible either. To invest so much in this, people need to believe it now. Instead of bad ads, we need to make more constructive ads.

It will take much longer to reach the 50k level.  My prediction for the end of this year for bitcoin is somewhere between the 25k-30k range.

Yes it will take longer before the market price of bitcoins reach $50k but there are positive speculations which you can lean on to believe that bitcoins will reach $50k dollars before the year ends.

Many people are hearing that and really interesting thing is the difference between missing that opportunity and if it would not take place and you will put all of your money in Bitcoin which you going to die...

For me,i think the market price will be able to reach between $15k-$20k before this year ends.Having $50k at the end of this year might be hard to predict but still i'm open for its possibility.I guess all things are really possible in this very volatile market.I think it's just a matter of faith,time and patience.

Of course, we all hope for big growth, although I do not think we will see it so soon: there has been an incredible disinformation campaign against bitcoins, so it will still take some time for the market to recover.

I am an optimist, but 50k end of the year to me isn't realistic, before confidence can be restored regulation must be in place to protect investors.

Bitcoin dominance is not increasing by the demand of Bitcoin. It is increasing because altcoins are going to the center of the earth.

I think it is paranoid, you can see that bitcoin prices are constantly fluctuating and difficult to predict, the market is in crisis and bitcoin prices are constantly falling. Bitcoin prices fell sharply for the price of altcoin fell very deep, investors suffered heavy losses and lost confidence in the market. Therefore, I believe that this time you should only short-term investment and trading on bitcoin to reduce risk because bitcoin prices can continue to decrease at any time.

           Bitcoin is the most stable coin among all ALT coin as posted in the market, Yes, we may have erratic market movement for now but it is just normal simply because  Market is Volatile anything can happen at any time during the market trading, market will recover after market glitz, the Volume of is investment made by the investors in the market is just indicators that determine the price value of one coin.i am optimistic that Bitcoin will break loss to this market resistance, and will make a history on trading market again.
 

I am still hoping for that price though because a lot of part od me are not expecting anymore but still hoping. Because i know that the bitcoins will reach 50k but I am not gonna expecting that to see  within his year because I think this year is not a great year for bitcoins so dont be mad at me because that is just my opinion

The amount of $50k might not reach their is should be good news for the price to surges this year. This is a huge amount but hope their is good adoptions of the price for it to increase.

Yeah same question here and as what i am thinking is why people are not contented on what is bitcoins price now,since this is a high value compared to all investment form in this world,we must realize that theres a profit if we only accept this prices nd wont look for higher as market now is stablished from $5-7k

I am not too sure of this possibility of bitcoin getting to $50k this year. but if it does happen, it will be good for all of us in the crypto community. Maybe we can pray for this to materialize.

we need to be optimistic if we want to see bitcoin price hitting $50k. without this attitude impossible for bitcoin, all investor will sell their bitcoin asset because their negative and pessimism

This year we will not see bitcoin 50k, the value of 50k is too high and very difficult to achieve if we see the current market movements, the market is too weak to make price jumps as high as 50k.

We will be able to see this scenario only when big investors or a lot of ordinary people invest money in Bitcoin.

2017 was not doubt a very good year for bitcoin, where most of the people got a lot of money from bitcoin trading, even people were expected that 2018 will also be the best year for bitcoin but it still not proved as good, but I think that still some few months to go in 2018, therefore it is still expected that 2018 will show a very good year for bitcoin.

ETF approval delay to Sept 30th. I am believe ETF approval will give big impact to bitcoin price and altcoin because when its approved, trillions dollar money will come to cryptocurrency market. Beside that, 401k regulation is prepared for cryptocurrency and peoples will knowing more about bitcoin and cryptocurrency as an investment

I am optimistic about the growth of bitcoins, but 50k seems to me an unattainable goal, at least for this year.
And let's not forget that the 20k last year was the result of manipulation, not real growth.

50k now sounds like 20k two years ago, impossible. I am here all that time, people were saying how it`s impossible for bitcoin to go to 1000 dollars, than when people started to talk about 20k it was like some big, out of reach, dream, and what happened? We all know! Now we don`t talk about 10k or 20k, now we talk about higher prices and again people have confronted opinions, for newcomers it`s hard to understand crypto, they don`t know whom to believe, to be optimistic or pessimistic? Price of bitcoin will rise with more people joining, governments can regulate usage of bitcoin in their countries, they can try to control it, but what ever they do they can beat all the people in the world, there are more of us, we are smarter, and now with bitcoin our fortune is in our hands not in their banks!

Because many people say that there will be no growth. Usually, when many people say about the fall of the market, one should expect its rapid rise and vice versa. The opinion of the public is usually imposed, you need to think with your head.

you spoke like a prophet. This is what is exactly happening on the market right now. The postponement of the ETF has had a very bad side for bitcoin and the altcoins as well. I think it is about time we stopped creating a relationship between them because it could make the price come down a lot if they keep postponing.

With current condition on market, its hard to make prediction on bitcoin price. Hopely ETF approval will helping bitcoin price because most altcoin price depending on bitcoin price. ETF approval will bring billions dollar fund to crypto market and it will make cryptocurrency market more attractive because investor buying real bitcoin and not just a contract

Nope,we will never see that huge amount this year and not even next year,the way market reacted this days maybe even $10,000 will be harder to take chance

But things will change if whales(the manipulators)do the same thing they did last December 2017 if does good growth will wait for us then

It is unlikely that this year it will reach the mark of 50. There will be 20 already well.

Most of the speculations you hear are just some wild guess based on past trend. But do keep in mind that this is crypto currency which does not always follow the trend. The assumptions might end up being invalid. Why are we rushing to see the price going to the moon? Isn't it a bad thing if the price starts to rise without any proper reason to unexpected level? Wouldn't people start to criticize how unpredictable and volatile the market is? Do you remember how people started to say the price was a bubble and compared it with the tulip mania? We don't want that to happen again. A slow rise shows that the market is healthy. An abnormal rise is something we all want to avoid.

I do not really believe in this, I see that the market is constantly falling, but there is no reason to push the market so sharp.

i see it can be true if sec approved etf.there will more hot money come to cryptocurrency from other market that switch it to bitcoin or altcoin.and we will see $50k soon after etf approved.

In my own opinion, the reason why cryptocurrency will reach $50k dollars before the year ends is due to the hype in the market, people will invest a huge amount because they believe that the price will pump up again just like what happened last year.

In my opinion, that $50K is too big, it's hard to reach, I also think that Bitcoin will not reach that amount since there's a lot of loss this year, I can say that $10K is already big for this year. $50K is possible for Bitcoin, but it's impossible in the end of this year, maybe once Bitcoin got really popular and used worldwide, that $50K will be possible.

I think the bitcoin price to $50k at the end of the year is impossible, 2018 is very different from 2017.
Last year, with the explosion of popular ICOs attracted many new investors, this year it is no longer and now everyone is losing faith in BTC.

- I do not know how much optimism we need, $50k is actually a figure in the sky or on the moon, we can not be optimistic at this level, more precisely, this does not mean optimism, it is insanity and blind frenzy. Many people have put their faith in Bitcoin an excessive way, they can not accept the fact that bitcoin is just a bubble, pumping and exploding, it is not an investment like our imagination, do not dream about the bitcoin reaching $50k, otherwise, I can only say welcome to hell, you will get the pain in a long time until everything ends

this is a simple reason. if indeed the decline in bitcoin prices is the work of the pope who sells all their assets, then they will buy them again when the market goes down. and that will make the value back at the pump.

It could happen, because of how last year the Bitcoin's price went. But, for this year Bitcoin having a tough year with so many breakdowns and bad news against Bitcoin that can affect the price like literally every time. But, we hope that the price will get recover anytime soon.

To much optimistic for all but hardy possible and achievable to see 50k by this year end. With ETF delay dont expect to see price going up at least not that much its just to high to see bitcoin price going up almost 10 times. More like it could come to former ATH and that is also questionable by can be possible.

yes I also hope we all see the price of bitcoin reaching $ 50k by the end of this year. I can't wait for a very happy day, I will add to investing in bitcoin and altcoin. I hope to get a profit that will double by the end of this year.

I don't understand this. Why are people all of a sudden able to predict $50k EOY when they weren't even able to predict the $20k ATH in the first place?

I have some funds in BTC and I also hope that BTC does well. But this is all so unrealistic at this point in time. You have to take a strategic investment approach in this and not go in with blind faith.

It would be great if bitcoin will reach that price till the end of the year because in that case we all will be kind of resurrected from the death. We all are anticipating something great from bitcoin and cryptocurrencies in general.

I really don't believe that Bitcoin will get 50000$ in this year, even in 2019. According to technical analysis Bitcoin will not break downtrend till the end of 1st half of the next year.

The fact in crypto cannot be guessed. and all might happen. if the prediction is likely to reach $ 50k. potential to be $ 500 will also exist. now it's just how to be realistic with market and trading smartly and safely without excessive gambling prices,

I've said the same thing before last year when we're around $2,000 when somebody said to me that it's hardly possible to hit more than $15,000 but we did saw it.

ETF is something, forget about the delay we got September for it.

Fact!

Though some are saying it's almost impossible, still give that possibility. $50,000 or not by the end of year, we just want it to recover and move out of $6,000 - $8,000.

I think that this year won't be that possitive, for me we will need to wait for that big price for next or even the year after the 2019, then the price could go to the moon.

It's interesting to see how many different opinions there are ...
The reality is that it depends on what the whales will want to do: if they want, the bitcoin squirts even at 100k, otherwise it can even get to zero.
Who knows?

Unbelievable! Do you really believe that bitcoin will be 50000$ at the end of this year? Currently bitcoin is less 10000$ and to achieve 50000$ bitcoin must add about 10000$  every month to its price and I am sure that it is unbelievable especially in the current situation while bitcoin is still in the downtrend. My expectation about bitcoin is much less than yours. There is the strong resistance level around 10000$ for overcoming and I think that bitcoin will be probably up to 15000$ at the end of this year.

Anticipation at times makes it true. But yes we have harldy 3 more months and need 4 fold growth to achieve the said target. Taking up last year's growth in 4th quarter, yes its possible for $25K to $30K at the end of December, but still we can wait and look at its performance. We had 20 fold growth in last year taking the growth of January 2017 and December 2017. Anything can happen in crypto market and in its growth. We can yes have a positive expectation as always.

It's still attainable only if bitcoin started to rise in September because we can't expect bitcoin to just add $5k or $10k if it only started rising on December. But because I've seen bitcoin did not perform so good in the past months, maybe it already gave us a sign that it will really not go far beyond our expectation.

This is just pure speculation and with the current market situation making it to return at $20k for this year has slim chances then how much more in reaching at $50k. I don't know why some of those enthusiast will do a out of range speculation. Any good news can turn the market into bullish but until when this good come? Most of the investors has no confidence to put money in crypto due to bloodbath.

In this forum everyone have right to predict the own possibilities but 50k is too much prediction in future at the same 20k USD is also unpredictable because no one is know the exact hype of Bitcoin so better we wait see the future result.
Recently it is bleeding but still many traders are earn some good profit so not all the investors are stay away in Crypto investment. May be they are all waiting for the future journey.

Like last year, bitcoin would grow out this year too. Many came and go saying bitcoins would be seized to death in coming days and years. But see how it is magically amazing the whole world right now. Keep on believing in this world of bitcoin and wait for the right time to see the marks of success. Don’t listen to people them always bothering you to leave this thing.

It is not like a breakdown this year. I am sure if you have good numbers and information about last year, bitcoin even had suffered so badly. However, as bitcoin shown such drastic change in its price last December, so definitely our expectations are now increased. We are boosted up to see a splendid performance by bitcoin this year too. Time is just about to come, so gear up.

it's far not possible to attain extra than $20k at the prevailing marketplace circumstance, now bitcoin ETF makes the fee to lower even decrease. So in preference to predicting higher value, it's far always top to transport consistent with the market situations. This 12 months it is not feasible to attain even $20k.

I will not buy this prediction as it's too much for this year. I know the market needs a recovery but hitting at $50k it just too ambitious or me. I'm good to reach again at $15k and continue the journey next year.

Yeah i think that's a lot more reasonable and realistic than 50k lol. Imagine, last year's 20k run brought us to this point of dispair. A 3 month run to 50 can have a disastrous effect when it corrects itself

it looks like bitcoin prices won't reach $ 50k by the end of the year, even when the ETF has been approved. takes a very long time to reach the price of $ 50k.

Most of the people believe about the speculations an those crypto analyst are predicting that the price of bitcoins will reach $50k dollars before the year ends and that is the reason you should hold your coins today.

50K US dollar is a very big price till the end of the year and I do not believe in this price. Bitcoin cannot grow so big in a very short interval of time. It will be so big only in future when the demand for the Bitcoin will also be high. The market is not very good now and the growth of Bitcoin is also slow so we better wait for some more time to get the profit we want and our focus is to be on buying more coins.

As always, the opinions are conflicting: someone promises more earnings than last year (and maybe we really get to 50k); but others, with equally good arguments, foresee a disastrous collapse, with the bitcoin under one thousand dollars.
We'll see, life is a bet ....

I don't think this a reason that can cause bitcoin to rise to such astronomical price. Bitcoin at 50k will be hard to achieve in any moment from now to the next 3 years. The market is not favorable to bitcoins and besides there are new coins competing with bitcoin in the market share.

Everyone has their opinion and they have the right to give their own prediction according to their own analysis. We know that it is not possible to give a perfect prediction about bitcoin price, therefore we should study the analysis of the people but should always take our own decision.

Although it is very good to continue holding our bitcoin, because still bitcoin has a very bright future and in future its price is expected to increasing too much. May be it will even reach to 50k or above, but for that we have to wait and to continue holding our bitcoin.

But one of the first things that you will learn when it comes to investing or trading is that you cannot use the past to try to predict the future, the price of bitcoin is going to grow in the future because its technology keeps improving so that is a given, but to think we are going to see a repetition of what happened in the last year it is simply not going to happen.

yes you are right the price of bitcoin at the end of this year will increase you just have to wait for good news that can make the price of bitcoin rise and trigger investors and popes to buy bitcoin. if only the news from ETFs doesn't seem to be enough to recover the price of bitcoin.

It's good to be true and honestly, i don't really feel that bitcoin is going to reach 50,000$ before this year ends. Seeing bitcoin rises to even more than half of its all time high value since last year can be a great indication already that bitcoin will have a market price hike from there on that would reached more than half of its highest market price recorded.

To be honest it would take miracle for price to be 50k by this year end. Even with some crazy path its still impossible even with ETF. Most promising could be price around 10k by new year, but this price could happen after next halving not before. There is no way that price could be 50k. Its good to be optimistic but this is obviously to optimistic.

Not really a miracle if you will check how much Bitcoin climbed from August to December. In terms of percentage, Bitcoin rise last year from August to December at around 300%. So at current price of Bitcoin, it may reach up to 30k or more depends on what will be the trend after ETF and the Chinese Ghost month festival.

it looks like it could happen because the condition of bitcoin prices is currently experiencing conditions for price recovery and the total supply of bitcoin is also very limited so I suggest you buy bitcoin now and sell when it's the end of the year.

I am waiting bitcoin price can increase like the last year, and I am fine if the rate can grow more than $15k from this August 2018 until December 2018. but if somehow, the price can increase for $50k at the end of this year, then I will be surprised, and I will make a lot of money, and I am sure that people will make big money too. although $50k still a dream for us, the possibility for the bitcoin price to increase higher is wide open so it's better to wait what will happen later.

Isn't it too big for bitcoin to reach that market price before the end of the year? Considering that we have few months left and the price is at 6,000$, i don't think that bitcoin can reach that market price. Maybe in 2020s, bitcoin can reach that market price somehow.

The market of futures had nothing to do with the bull run that we had last year it was all because of internal factors, the most important of all segwit was finally activated despite the heavy debate and the forks that happened, if anything the market of futures seems to me as a way to try to tame the price of bitcoin, but it is not going to work as expect it.

I believe that it will reach $50k dollars because last year, the market has dropped so hard because of banning of icos in china but it still managed to reach $20k dollars before the year ends.

No, it is not going to happen, there are only four months left and I do not see any indication that show to us that the market is going to make any kind of sudden move, things are just going to remain in this way for a long time and anyone thinking otherwise is probably deceiving himself since there are many factors that will not allow the price of bitcoin to grow as much and as fast as you want.

I think we are on the wrong way to think about the price depending upon months like September or October because it is we who are responsible for the price increase or decrease. It is not confirmed and we have no idea that in next month's price will go high due to the selling mistake of us we cannot see high market ever, we should sell only in high market that is the place to make high profit and should leave looking for little profit by selling in low market.
Even $50k may not possible within this year, I am too expecting some prices like $30k or $40k may happen before end of this year. Market fluctuation and strong support around $6k are denoting it.

Yeah, as I really would not want to fix my mind on anything serious with ATH in this year at all. Even if we are to get anything high at all in this year, we would really do great if we are able to get through to $15k.
However, time will tell how things would be playing out as we are all just speculating anyway and cannot predict what the future holds. For now, we are in a huge bear trend, and until then, low it is but no issues since this gives more opportunity to buy low anyway.

I think that might be due to the total supply of bitcoin which is very limited and almost exhausted and has a very high demand that makes the price of bitcoin can be very expensive because bitcoin will be more interested and many will need bitcoin.

It probably will not happen. Even if at the end of the year bitcoins start to recover for losses, it is very doubtful to increase to 50k$. It seems that even a return to ath may be too distant goal this year.

I think they are speculating by making predictions, but I am confused how predictions appear and where they get that thought, I don't think predictions answer everything, as far as I know, bitcoin does not have a fixed price, sometimes up and down

Even if the ETF can be approved, I don't think the price of Bitcoin can rise to $50000. What a high price, how much money do you need to join to achieve this?

Lol, it's impossible! that mean bitcoin have to x8 to get this target. we just have 4 month. I think 10.000$ will be possible price. but in next year, 50k maybe happen. Crypto market is just start, if growth without control, it will be a bubble.

It is very hard to imagine right now, but last year around this times things were not that bright either. People's pockets seems empty and lot's of people got so burned that they turned their back on the market...but if the SEC rules in favour of the CBOE then virtually nothing is impossible.

It will not be this year, this capability is 99% though the market has any information to support. Last year did not appear like this year, up and down very dizzy.

nope, prediction are still prediction, and anything can be happened in cryptocurrency. but i think bitcoin will never reach that price even until the end of 2019. without underestimating the potential of bitcoin and other cryptocurrency, the price is too high to be reached. unless, there are some government starting to admit tha advantages of bitcoin and using it for legal investment.

I think so, it's hard to imagine bitcoin prices could reach $ 50k by the end of the year, maybe the maximum price that can be reached is $ 15,000, of course, provided that the price in September can reach $ 10k, but if September doesn't reach $ 10k, then I'm sure prices up to the end of the year like this.

it looks like we won't see $ 50k at the end of the year, if you continue to hope then you will get disappointment. never expect something that is impossible if you don't want to be disappointed.

I find it really surprising that people are talking about 50K, when the exchange rates are struggling to stay above $7,000 per coin. IMO, $50,000 per coin may become a reality by 2022 or 2023, but not before that.

Last year, Bitcoin hit $20k from $10k in may be a week or two. So Everything could happen, of course looking realistically It will not  reach this 50000$ price this year, It would be good if this year the price reached  around 30000$ in optimistic scenario.

Yes that is right that it is difficult to happen but not impossible. I think that 3 years  is a very big time for bitcoin price. I think that it can even happen in a single year. In previous year bitcoin price increased for more than 16000$ in few months, so that can even happen again and bitcoin price in next few years can easily reach to 50k.

I don't think we gonna see this price of bitcoin for this year as we still not able to figure out on reaching back to $10k mark and the market continues to bleed with too much resistance. I will be happy if this will reach at $10k before the end of the year as we can continue the rally for next year.

I don't think that by the end of the year bitcoin will be 50K, we saw bitcoin at 20K because then the growing market. If the SEC will introduce ETF September 30, I think that just change the trend and by the end of the year bitcoin will be from 10K and more.

Well things are a lot different then when btc made that bull run. We're not coming from a 60% decline and a lot of people got in because of hype and curiosity. I don't think that's going to be a factor in a bull run right now since the decline didn't quite paint a good picture for new investors.

It is difficult and impossible with the way things are presently and the only way this can be possible is to see some development that would probably cause some high level of demand in the market and probably start hitting the level of mainstream adoption and in that case, we might just see the tides and tables turning.

If we want to start comparing with last year, we have to understand that the sentiment in the market within that period and now is totally different. It tends towards the bears this time around and in that case, I do not see the possibility of any $50k except in our dreams.

This prediction is really impossible in end of the year but 10k USD is easy achieve so my prediction is 20k USD in end of the year because last year also it was nearly reach 20k USD so this year also possible in Bitcoin. But we need backward support of crypto then only it will raise in the market.

It is unlikely that the price of bitcoin directly depends on the level of its capitalization. Now its capitalization has risen from 50 to 55 percent, but its rate remains the same. Moreover, the closer we come to the end of the year, the more we become convinced that there will be no big growth in the price at the end of this year. It is possible to say unequivocally that up to 50 000 dollars this year he will not be allowed. Most likely, he could have a good price at the level of 13 000 - 18 000 dollars.

If the prediction is likely to reach $ 50k. potential to be $ 500 will also exist. now it's just how to be realistic with market and trading smartly and safely without excessive gambling prices,

ETF is just a hype in this market and we all know how people reacts on every news so it still possible for the price of bitcoin to make new all time high but for sure it will dump right away since many whales will take profit and already happened in the past.

Bitcoin prices reach 50k at the end of this year? I don't deny that the price will be achieved, but the current market doesn't favor high leaps. It is very difficult to predict 50k bitcoin prices will occur in 2018,2019,2020 or even 2030.

Only possible scenario for 50k price could be in next halving. So far that I saw various charts and this price could be expected for next halving I mostly mean on period 2-3 month before and after halving. This could be reasonable time period for this to be possible. Maybe not for the price to be that high or maybe to go even beyond this nothing is impossible. Dont believe that this year could bring this big price at the end.

We will see $50k bitcoin price before the year ends because of legalization of cryptocurrency in other countries this year.

No one should even be expecting anything serious at all this year because it won't be like last year. We could have seen a huge movement in price last year, but the optimism was more since it was completely the bulls year and we were in a long term uptrend throughout, this year is different and it is totally the opposite and getting as high as the previous ATH would be a miracle and could have been something huge impacting the price, let alone $50k.

It is not impossible but no doubt that very difficult to happen.  Bitcoin price is currently trading below 7k and stuck there for a long time , therefore it is not so easy for the bitcoin price to reach to 50k at the end of 2018. I hope that in 2019 bitcoin price will easily reach to that level.

I believe that bitcoins will reach $50k dollars because there are a lot of people today who are legalized to invest on cryptocurrency so keep on investing while the price is still low.

I think CBOE and Bitcoin futures are alliances of popes they are like invaders who exploit cryptocurrency at a deep level of destruction. SEC decision that has rejected ETFs I think that's a very wise move because the presence of ETFs it's possible to re-manipulate the price of bitcoin. For me personally, I don't like ETFs I prefer if the market moves naturally.

Fine but i do not predict that the bitcoin value would reach $50K end of this year. There are less possibilities. We have less than 3 months for December 2018 and we are now at $6.3k. We are at a very slow growth rate. If we have around $500 spike in a week, then the value goes down loosing $600 next week. This is not a healthy sign to reach at least minimum $20K. There are chances for $11K to $13K as per current growth situation. This is the max we can expect of.

I don’t think that bitcoin value would reach $50 end of this year. Yes we have less than three months to end this year and the current value is travelling between $6k to $7k. The growth trend is bit low compared to last year. Hence its impossible for bitcoin to reach  $50K this year end. Hope 2019 should start with a strong and stable value starting from  minimum $11K. The trend should move forward from them.

Something too much noise gathered around the ETF for bitcoin. The next date is September 30, it is postponed 2 times already and the whole community that believes in growth after taking the ETF lives from date to date.
Until the end of the year 50 000 is too steep take-off, I do not believe in it.

In the beginning, we must visit a brand new circulation associated with cash put to the marketplace, after that great news can come. This provides believe in with regard to brand new traders to become listed on on the market. To determine bitcoin achieve $50k, bitcoin needs to get the worth associated with $20k. It is the mentality's tolerance for that industry. As well as personally, it is quite a distance.

I think we should be able to accept the fact that 50k is very difficult to achieve. Bitcoin still hasn't recovered, and it will take a long time to reach 50k, and you need patience to wait for it.

Investing with Bitcoin ETF every investor doesn't need to bother with security procedures, which are related to holding bitcoin and other cryptocurrency and investors can only buy and sell ETFs through traditional exchanges and markets. The performance of Bitcoin ETF is no different with Bitcoin Futures which mimics the price of the most popular digital currency in the world and allows investors to buy ETFs without going through the complicated process of bitcoin trading itself.

Many crypto users today, only monitor and focus more on the SEC's policies, to respond to the termination of the relationship, because every change in policy has been considered to affect the price of cryptocurrency in the market. Along with the increasing number of users and market capital values many conclude that the btc value will break the second record.

These price speculation are circulating all over the place and some are predicting that the price would hit $100k, others said $20k and now $50k at the end of the year? lol I hope you guys are for real because the market today seems so impossible to happen of those prices but there is one thing that we are waiting for this year end and i hope it will help to pump the price in the market. 

I agree the market was still has no possibility of reaching to that price bracket. But, still be positive enough and due to unpredictable market who knows it will happen soon.

Most of the cryptocurrency analyst are expecting for the price of bitcoins to reach $50k dollars and that is the reason why you should hold your coins even more today.

The U.S. Securities and Exchange Commission (SEC) has requested further comments regarding its decision on the listing and trading of a Bitcoin (BTC) exchange-traded fund (ETF), according to an official notice released September 20.
I hope ETF fund will be accepted and Bitcoin will have a change to be a real currency in our life! 50k in the end of year maybe impossible, but i think 20k again is possible! 50k maybe in next 2 or 3 year when market attract more big investors like banks and goverment!