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Author Topic: Tell me your predictions about Bitcoin  (Read 234778 times)
egghead123
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December 26, 2016, 04:00:32 PM
 #1281







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December 26, 2016, 05:38:59 PM
 #1282

So everyone is excited about $900 mark (me too) but for me it was expected and I have further expectations in the next year. I don’t want to discourage anyone but I believe we are still going to see volatility in the price of bitcoin and in that scenario the price might go down to $600 and even reach $1,200 and we are away from sustainable price growth (which I believe will start at the end of 2017 or start of 2018). There will be some golden opportunities for those who wish to enter in bitcoin.
I think it is impossible that the price will be back to 600 value we are many users right now who use bitcoin and many investors are now investing in bitcoin so i think it is impossible that the price will go back in that price maybe in 700 value we can say that the price will reduce back to 700 value..



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December 26, 2016, 05:41:42 PM
 #1283

my prediction in early month 2017
bitcoin price can crash and down until reach under 800 dollar , maybe 750 dollar
and second qurter in 2017 bitcoin price can up again to 1000 dollar

What makes you think that the price will crash in the first month of the new year? Because i really can't see a reason for that to happen, the price is doing quite well right now and we are just a few days behind the new year and i don't think the price will start crashing just in 3 or 4 days.
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December 26, 2016, 05:41:54 PM
 #1284

Btc loves 'sideways' in price. Expect long periods of that pattern on a significant price rise.
Why I mine ltc to btc and hold. 😀

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December 26, 2016, 07:38:36 PM
 #1285

Btc loves 'sideways' in price. Expect long periods of that pattern on a significant price rise.
Why I mine ltc to btc and hold.

It is not only Bitcoin that loves trading sideways

In fact, all traded assets behave in a similar way (stocks, gold, oil, whatever). This is how the market works in general and steals money from inexperienced or impatient traders specifically. The price moves sideways for some time, and people start believing that it will last forever. They pour more and more money trying to squeeze more profits from smaller price changes, and then market makers suddenly move the price in the direction where they can earn most profits, i.e. against the mob. The irony is that everyone knows about this trick, but the majority still can't cope with their emotions and are not able to just wait patiently till "the poop plops down"

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December 26, 2016, 11:40:32 PM
 #1286

In my humble opinion it's going to be a great year for Bitcoin. Historically 2012 was good, 2013 was great, 2014 was shit, probably the worst year, second half of 2015 and first half of 2016 were decent, it was obvious the confidence started to build up after the long decline of 2014 and of course the second half of 2016 was great, taking us back to the 2013 highs.
I predict 2017 will be good and we'll reach a new all time high. We'll probably crash after reaching it, but it's to be expected.

I also think that in 2017, the price of bitcoin will reach $1000, probably by the end of the year. but in the early year, I think the price will down about -$100 from the price on the last day of this year. so if someone wants to hold bitcoin, it is better to hold it until the end of 2017.

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December 27, 2016, 04:33:51 AM
 #1287

So everyone is excited about $900 mark (me too) but for me it was expected and I have further expectations in the next year. I don’t want to discourage anyone but I believe we are still going to see volatility in the price of bitcoin and in that scenario the price might go down to $600 and even reach $1,200 and we are away from sustainable price growth (which I believe will start at the end of 2017 or start of 2018). There will be some golden opportunities for those who wish to enter in bitcoin.
I think it is impossible that the price will be back to 600 value we are many users right now who use bitcoin and many investors are now investing in bitcoin so i think it is impossible that the price will go back in that price maybe in 700 value we can say that the price will reduce back to 700 value..

As I stated, I think, the price might touch $600 mark but to be honest nothing is impossible. Especially in the cases in which there is substantial volatility, you can’t deny the possibilities of anything. You might see some good signals at technical chart but on the next day, you can end up with the whole different picture so having faith in volatility, we should play a safe game and with accept the infinite probability without ignoring them.
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December 27, 2016, 04:39:10 AM
 #1288

In my humble opinion it's going to be a great year for Bitcoin. Historically 2012 was good, 2013 was great, 2014 was shit, probably the worst year, second half of 2015 and first half of 2016 were decent, it was obvious the confidence started to build up after the long decline of 2014 and of course the second half of 2016 was great, taking us back to the 2013 highs.
I predict 2017 will be good and we'll reach a new all time high. We'll probably crash after reaching it, but it's to be expected.

I also think that in 2017, the price of bitcoin will reach $1000, probably by the end of the year. but in the early year, I think the price will down about -$100 from the price on the last day of this year. so if someone wants to hold bitcoin, it is better to hold it until the end of 2017.
Your forecast is very good, but it seems to be even more optimistic. And I think that in 2017 will be $ 1,500 Bitcoin. But also do not forget that the price declines will
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December 27, 2016, 05:42:23 AM
 #1289

My prediction about Bitcoin is when we hit new year then the price will become stable for a long time. It will take 4-6 months before it hits 1000$ per 1 Bitcoin unless whales will do something to make the price boost again.
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December 27, 2016, 05:49:42 AM
 #1290

What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?
in my opinion bitcoin not yet spread in all life or all area .. in fact many people do not knew about bitcoin , and wonder what iit's bitcoin ?
we can help to introduce bitcoin to people in the world to use bitcoin and tell to them that bitcoin is future money
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December 27, 2016, 09:21:12 AM
 #1291

What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?
in my opinion bitcoin not yet spread in all life or all area .. in fact many people do not knew about bitcoin , and wonder what iit's bitcoin ?
we can help to introduce bitcoin to people in the world to use bitcoin and tell to them that bitcoin is future money

Yes, you are right and this forum gives information about Bitcoin. But we should not forget that the government can have a negative impact on the development of Bitcoin.
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December 27, 2016, 10:04:59 AM
 #1292

my prediction in early month 2017
bitcoin price can crash and down until reach under 800 dollar , maybe 750 dollar
and second qurter in 2017 bitcoin price can up again to 1000 dollar
yeah you're free to make a prediction about bitcoin, but think what the result or the cause why bitcoin prices could crash or fall when the beginning of the year? but this time the price of bitcoin is in uptrend dude ?
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December 27, 2016, 10:08:45 AM
 #1293

What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?
in my opinion bitcoin not yet spread in all life or all area .. in fact many people do not knew about bitcoin , and wonder what iit's bitcoin ?
we can help to introduce bitcoin to people in the world to use bitcoin and tell to them that bitcoin is future money

Yes, you are right and this forum gives information about Bitcoin. But we should not forget that the government can have a negative impact on the development of Bitcoin.
They do have all the rights to do whatever they want with bitcoin, when they find it to be not benefiting them, they will simply not gonna support it and we will be having a hard time to see a continuous development of bitcoin.

.
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December 27, 2016, 11:01:36 AM
 #1294

What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?
in my opinion bitcoin not yet spread in all life or all area .. in fact many people do not knew about bitcoin , and wonder what iit's bitcoin ?
we can help to introduce bitcoin to people in the world to use bitcoin and tell to them that bitcoin is future money

Yes, you are right and this forum gives information about Bitcoin. But we should not forget that the government can have a negative impact on the development of Bitcoin.
They do have all the rights to do whatever they want with bitcoin, when they find it to be not benefiting them, they will simply not gonna support it and we will be having a hard time to see a continuous development of bitcoin.

I also believe that Bitcoin is very promising. In the future, it will grow and become more expensive. Bitcoin love people, because it is made for the people and to ensure that their lives are improved
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December 27, 2016, 11:27:54 AM
 #1295

my prediction on BTC

ahem.....

PUMPS .....Press FUD.....Dumps.....Crawls back to sideways......Press Hype......FOMO.....PUMPS....repeat

(note BTC seems to mostly like sideways.....the most also imho)

Most times it is like a Slinky trying to climb stairs........frustrating to say the least Smiley

later

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December 27, 2016, 12:42:34 PM
 #1296

I think in the next 5 years the price of bitcoins will rise more than 2500 dollars and there will be more popularity of bitcoins in the whole world .and there will be one such country who will totally run on bitcoins.
That is very good prediction I hope my country will be the one who will use the bitcoin as a money hahaha. But I think that country will be the Japan because the Japan is the superior in terms of technology! So in the next 5 years if you holding a coin It will became triple I hope so, so it's better to invest now Smiley

And I don't know if Satoshi's Nakamoto name will help for that name is a Japanese but we don't know if that is just an alias.

But I guess 5 years is not even enough to make a country to fully adopt bitcoins and allow their state to use bitcoins for all of their transactions.

Fiat system is still needed even though that there is already bitcoin system that can help with every transactions that we made.

Still there are countries that will make it as a good way of investing and promoting their country because of it.
Full adoption I guess is hard to realize, the fact that major number of people has not idea about bitcoin they will surely not gonna think of learning it. A person will only adopt if he thinks he can benefit from using bitcoin and the people who are still under poverty, composes of a house population and they will never gonna understand bitcoin.

Yes it is hard to assume that there is going to be a full adoption as the total world's population is too big enough.

And compare to the total supply limit of bitcoin which is only 21 million which is going to make it's value even higher if there is going to be a full adoption.

Those people under the poverty level will not even understand what bitcoin really is.

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December 27, 2016, 01:15:05 PM
 #1297

I think in the next 5 years the price of bitcoins will rise more than 2500 dollars and there will be more popularity of bitcoins in the whole world .and there will be one such country who will totally run on bitcoins.
That is very good prediction I hope my country will be the one who will use the bitcoin as a money hahaha. But I think that country will be the Japan because the Japan is the superior in terms of technology! So in the next 5 years if you holding a coin It will became triple I hope so, so it's better to invest now Smiley

And I don't know if Satoshi's Nakamoto name will help for that name is a Japanese but we don't know if that is just an alias.

But I guess 5 years is not even enough to make a country to fully adopt bitcoins and allow their state to use bitcoins for all of their transactions.

Fiat system is still needed even though that there is already bitcoin system that can help with every transactions that we made.

Still there are countries that will make it as a good way of investing and promoting their country because of it.
Full adoption I guess is hard to realize, the fact that major number of people has not idea about bitcoin they will surely not gonna think of learning it. A person will only adopt if he thinks he can benefit from using bitcoin and the people who are still under poverty, composes of a house population and they will never gonna understand bitcoin.

Yes it is hard to assume that there is going to be a full adoption as the total world's population is too big enough.

And compare to the total supply limit of bitcoin which is only 21 million which is going to make it's value even higher if there is going to be a full adoption.

Those people under the poverty level will not even understand what bitcoin really is.
It's everyone's dream to see a people fully adopted with bitcoin, with that possibilities to take place in the future, it is just wise enough to prepare for the future and we are also building our dreams the moment the price will pump more than what we expected. The current price is only $900+ but with full adoption we can go more than $10,000 per BTC.

R


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December 27, 2016, 09:13:42 PM
 #1298

One thing that makes me still in doubt with the future of the bitcoin is rejection of almost all countries. If all countries agree to ban bitcoin, of course the future of the bitcoin is finish. Best step is don't save bitcoin too much and too long time.
nope i think not all countries prohibit and reject bitcoin. some are even legalize bitcoin and use bitcoin liberate their societies? I'm sure all the government will make regulations on bitcoin, hopefully it does not harm the user bitcoin

The thing that is threatening bitcoin today is not the government as of now, maybe in the future. But today big companies are moving away from bitcoin and I believe its bad news. The CEO of circle has announced that they will leave bitcoin like the other big companies who left bitcoin behind. I just hope that this will have no detrimental effect on the price of bitcoin.
I think the number of big companies that are accepting bitcoin is more that those who are leaving bitcon away, I think bitcoin need some more time to become more mature and one of the most popolar currency of the world and hope that then the world popular companies will take interest in bitcoin.
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December 27, 2016, 09:18:47 PM
 #1299

One thing that makes me still in doubt with the future of the bitcoin is rejection of almost all countries. If all countries agree to ban bitcoin, of course the future of the bitcoin is finish. Best step is don't save bitcoin too much and too long time.
nope i think not all countries prohibit and reject bitcoin. some are even legalize bitcoin and use bitcoin liberate their societies? I'm sure all the government will make regulations on bitcoin, hopefully it does not harm the user bitcoin

The thing that is threatening bitcoin today is not the government as of now, maybe in the future. But today big companies are moving away from bitcoin and I believe its bad news. The CEO of circle has announced that they will leave bitcoin like the other big companies who left bitcoin behind. I just hope that this will have no detrimental effect on the price of bitcoin.
I think the number of big companies that are accepting bitcoin is more that those who are leaving bitcon away, I think bitcoin need some more time to become more mature and one of the most popolar currency of the world and hope that then the world popular companies will take interest in bitcoin.

I think that most of the popular companies are taking interest in blockchain and not in bitcoin as they know that instead of accepting bitcoin it is good to know about blockchain so that they can itself create a new coin with the help of blockchain technology. Bitcoin is going right now in a good path and every thing goes right then we can see the price of bitcoin $1200+ in march 2017
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December 27, 2016, 09:45:06 PM
 #1300

One thing that makes me still in doubt with the future of the bitcoin is rejection of almost all countries. If all countries agree to ban bitcoin, of course the future of the bitcoin is finish. Best step is don't save bitcoin too much and too long time.
nope i think not all countries prohibit and reject bitcoin. some are even legalize bitcoin and use bitcoin liberate their societies? I'm sure all the government will make regulations on bitcoin, hopefully it does not harm the user bitcoin

The thing that is threatening bitcoin today is not the government as of now, maybe in the future. But today big companies are moving away from bitcoin and I believe its bad news. The CEO of circle has announced that they will leave bitcoin like the other big companies who left bitcoin behind. I just hope that this will have no detrimental effect on the price of bitcoin.
I think the number of big companies that are accepting bitcoin is more that those who are leaving bitcon away, I think bitcoin need some more time to become more mature and one of the most popolar currency of the world and hope that then the world popular companies will take interest in bitcoin.

I think that most of the popular companies are taking interest in blockchain and not in bitcoin as they know that instead of accepting bitcoin it is good to know about blockchain so that they can itself create a new coin with the help of blockchain technology. Bitcoin is going right now in a good path and every thing goes right then we can see the price of bitcoin $1200+ in march 2017

I'm not so sure. In switzerland a lot of companies are accepting bitcoin. For exemple the national railways just did so. Creating a new coin seems easy but isn't. Bitcoin is safer because the network is quite big and has a lot of hashing power, etc. A new coin also means it's easier to hack.
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