Bitcoin Forum

Economy => Trading Discussion => Topic started by: ares1307vn on July 27, 2019, 12:39:01 PM



Title: Bitcoin Year to year price levels chart
Post by: ares1307vn on July 27, 2019, 12:39:01 PM
Chart bitcoin each year.
What do you see at the end of the year?
I think bitcoin will hit $ 20k by the end of 2019.
$ 100k in 2021.
$ 1 million by 2025.
What do you think ?
Let's discuss it.
https://i.imgur.com/ebna2Pm.jpg


Title: Re: Bitcoin Year to year price levels chart
Post by: FanEagle on July 30, 2019, 06:00:48 PM
Nothing to discuss here, this is purely a guess work and not based on fundamental analysis, but this year prediction of yours, it is still a bit realistic because we are almost close to closing up the gap, although it still require lots of work, but that value would be an easy target for bitcoin, but for the rest of your predictions, it absolutely has no reality in it.

You are thinking in one positive direction forgetting that there are so many negative factors that will militate against the continues surging of  bitcoin, do not forget that we will always have people that would panic sell, we would also always have whales that will manipulate the market and dump it when necessary. If bitcoin even dare get to $50k, so many people would sell their coin, thereby forcing us to bear market, and you know how long bear market usually take.


Title: Re: Bitcoin Year to year price levels chart
Post by: akram143 on July 30, 2019, 08:10:09 PM
Each and every year Bitcoin fast development only but right now it is travelling to reach there value in 2017 but after this year also that development of Bitcoin is increased only but we can not sure about the stability in the future


Title: Re: Bitcoin Year to year price levels chart
Post by: shield132 on July 30, 2019, 09:46:04 PM
It's still a lot, a lot wrong to predict price of 2025 year, especially when saying it will be million, why? How?
Btw according to this chart, 2017 and 2019 year seems pretty similar and logically it may follow those steps, seems really very close to 2017 year's price movements. So since bitcoin went from 600$ to 20K in 2017 year, which is roughly 33x rise, then remember 2019's lowest price - it was 3K, so if we follow steps of 2017, we will get 100K price by the end of 2019 year or in the begining of 2020 year. But I amn't so optimistic at the moment. I think we will be in stuck for a while.


Title: Re: Bitcoin Year to year price levels chart
Post by: Twinkledoe on July 30, 2019, 09:54:08 PM
It's still a lot, a lot wrong to predict price of 2025 year, especially when saying it will be million, why? How?
Btw according to this chart, 2017 and 2019 year seems pretty similar and logically it may follow those steps, seems really very close to 2017 year's price movements. So since bitcoin went from 600$ to 20K in 2017 year, which is roughly 33x rise, then remember 2019's lowest price - it was 3K, so if we follow steps of 2017, we will get 100K price by the end of 2019 year or in the begining of 2020 year. But I amn't so optimistic at the moment. I think we will be in stuck for a while.

Such predictions are really good for our eyes. But we need to be realistic and be conservative with our speculations. Such price is really high but it might happen. And if you are a btc investor, don't expect too much as the price movement is very unpredictable.


Title: Re: Bitcoin Year to year price levels chart
Post by: peter0425 on July 31, 2019, 09:49:54 PM
Let's just take some baby steps here, however, I don't think that bitcoin will hit $20k at the end of the year. So in the next five months we need to double the current price. I'm not saying that this is not doable, but there are a lot of factors before we can make some runs. And I doubt that we can do that in just short amount of time, just saying.


Title: Re: Bitcoin Year to year price levels chart
Post by: turkandjaydee on July 31, 2019, 11:34:16 PM
Btw according to this chart, 2017 and 2019 year seems pretty similar and logically it may follow those steps, seems really very close to 2017 year's price movements. So since bitcoin went from 600$ to 20K in 2017 year, which is roughly 33x rise, then remember 2019's lowest price - it was 3K, so if we follow steps of 2017, we will get 100K price by the end of 2019 year or in the begining of 2020 year. But I amn't so optimistic at the moment. I think we will be in stuck for a while.

In my opinion, that 2017 bullrun was only caused by hype where many people didnt even know about bitcoin and cryptocurrencies before the hype. And after that in 2018 bear market, many people have learned their lessons from looking at cryptomarket as a place to get quick money.

So, i think most of people already know about bitcoin / cryptocurrency and because of that, the hype that happened in the end of 2017 before will be more difficult to happen again.
And now bitcoin will be more likely to have stable growth.


Title: Re: Bitcoin Year to year price levels chart
Post by: numanoid on July 31, 2019, 11:38:02 PM
Chart bitcoin each year.
What do you see at the end of the year?
I think bitcoin will hit $ 20k by the end of 2019.
$ 100k in 2021.
$ 1 million by 2025.
What do you think ?
Let's discuss it.
https://i.imgur.com/ebna2Pm.jpg

Qouted to make it visible.

I see nothing. It's useless to disscuss about bitcoin price, on 2017 ago, a lot of people very optimistic bitcoin would be worth $50k in 2018 after it bullrun to $20k, but all of them were wrong and bitcoin even dropped until $3k.


Title: Re: Bitcoin Year to year price levels chart
Post by: MonsterV on August 01, 2019, 11:43:17 AM
Btw according to this chart, 2017 and 2019 year seems pretty similar and logically it may follow those steps, seems really very close to 2017 year's price movements. So since bitcoin went from 600$ to 20K in 2017 year, which is roughly 33x rise, then remember 2019's lowest price - it was 3K, so if we follow steps of 2017, we will get 100K price by the end of 2019 year or in the begining of 2020 year. But I amn't so optimistic at the moment. I think we will be in stuck for a while.

In my opinion, that 2017 bullrun was only caused by hype where many people didnt even know about bitcoin and cryptocurrencies before the hype. And after that in 2018 bear market, many people have learned their lessons from looking at cryptomarket as a place to get quick money.

So, i think most of people already know about bitcoin / cryptocurrency and because of that, the hype that happened in the end of 2017 before will be more difficult to happen again.
And now bitcoin will be more likely to have stable growth.

I think 2017 is not the last year for the hype because there are still millions of people who don't know cryptocurrency at all. There is still plenty of time for crypto to continue to grow, and even though everyone knows about bitcoin I don't think that will reduce its value. Surely the price will be higher than now in the next few years.

And more crypto will be present which is certainly better than crypto now. Seeing the many developments in the blockchain proves that blockchain and crypto will become new digital futures.


Title: Re: Bitcoin Year to year price levels chart
Post by: Baofeng on August 01, 2019, 12:33:58 PM
I see nothing. It's useless to disscuss about bitcoin price, on 2017 ago, a lot of people very optimistic bitcoin would be worth $50k in 2018 after it bullrun to $20k, but all of them were wrong and bitcoin even dropped until $3k.

Exactly, I can still feel the excited during that time. Everyone was jumping for joy and saying that we will see another all-time-high in 2018. However, crypto winter takes over the price plummeted to $3200 and a lot of investors lost their confidence in the market. At least though we have recovered this year, so as far as predicting the price, nobody can really tell us, all we can do is hope that we can breach.


Title: Re: Bitcoin Year to year price levels chart
Post by: Slow death on August 01, 2019, 02:17:42 PM
What do you see at the end of the year?

I believe we will end this year with the price of $10,000 to $17,000... I do not believe we will see more than $ 20,000 this year, but for next year I have more hope, look at this article:

Bitcoin Passes New Milestone as Network Mines 85% of Its Total Supply (https://cointelegraph.com/news/bitcoin-passes-new-milestone-as-network-mines-85-of-its-total-supply)

The current Bitcoin supply means only a maximum of 17,850,000 people can own an entire coin. In reality, however, some of the existing mined supply is not in circulation and never will be, as users lose access to private keys.

This means that if we have many institutional investors and a very large global adoption, the price will rise a lot. the future can be very good

I think bitcoin will hit $ 20k by the end of 2019.

I don't believe we will reach $20,000 this year

$100k in 2021.

I think it's impossible, maybe reach $ 100k in 7 years

$1 million by 2025.

It's definitely impossible, even if pass 20 years, I think it's impossible


Title: Re: Bitcoin Year to year price levels chart
Post by: leowonderful on August 01, 2019, 03:51:42 PM
I could see us ending the year at $12k-$20k as well, but likely not much higher than that at the moment, though nobody really knows that far out considering it's only August right now. Overall we're still in an uptrend and I don't see prices breaking down much further than they already have, and we do definitely have a chance at the previous ATH if upwards momentum takes over again and we start heading back up.


Title: Re: Bitcoin Year to year price levels chart
Post by: buwaytress on August 01, 2019, 05:56:01 PM
took me a while to figure out what the lines meant (yes, not the sharpest tack) but yeah, it's valid but pointless -- Bitcoin has been steady in showing a long-term increase gradually, so a yr-to-yr plotting should, in general show that even if you held for a year from any point, you're likely to be in profit past 2 years, if not 3. A year's too short, since you could easily fall between paraboloas and ATHs.

This could still be like those 2011 and 2017 lines though, so nope, I don't think 20k end of 2019 is likely.