Some predict rise to 500, others to 10,000, what is the truth?

[Za1n]

I think the consensus is we will be seeing $500 BTC before the halving event, but the $10,000 prediction is a bit much. I think it will have a hard time getting to $1,000 this year, even with the halving as there are a lot of people expecting the pump due to the halving and will want to cash out once we start seeing anything higher than $600. If it gets near $800 we will probably be seeing huge volumes of selling to the point it will probably drop back down to the $400 or lower before the slow rise begins again.

Looking at how long it has taken since the ATH on 2013 to now for prices to somewhat recover, I would guess we won't see any meaningful stability near $1,000 until at least 2020.

[1715534395]

1715534395

[znickelbackz]

The CEO of Bitcoin told me it would be $1000/btc byt i'm sure he's lying as the system is fundamentally bound to collapse with the halving.

Fact: A few months back, The Chief Prognosticator of KwuckDuck Enterprises told *me that it  was guaranteed to fall to $180 within a couple of weeks, and then on downwards to its *real value of $10-$50.  I still have bids @180 waiting (not really).

Premise: If anybody *really knew in advance what was going to happen, you can bet they *wouldn't be on here telling the world+dog about it, they would be *using their certain knowledge to their advantage, which they couldnt do if they were shouting it to everyone.

Corollary:  Anyone who *is claiming to have certain or high-probability advance knowledge of what is going to happen is very likely lying for their own nefarious reasons (trying to stooge idiots into moving the way they want to them to go) or just talking baseless crap to gratify their ego, or ease their butt-hurtness.

Conclusion:  Whenever someone puts large amounts of effort into trying to convince everyone they know for sure whats going to happen  (Kwack Kwack), then your best bet (assuming you are dumb enough to take the advice of random internet gurus in the first place), is to do the *opposite of what they advise. 

Better still, use your own noggin, and dont include  blather you read in a forum called "Speculation" as any even vaguely useful indication of future market movements.

 

even with that, do the opposite of the advice is still not the best option. actually there are advices that are the opposite of each other already, you do the opposite of this advice and it turns out to be you are doing the same as another advice, all from 'experts', of course. but that is just another method for blind mind.

[BitHodler]

The CEO of Bitcoin told me it would be $1000/btc byt i'm sure he's lying as the system is fundamentally bound to collapse with the halving.

Always nice to hear from you but your tone is way too negative. Why all this hate?

Nothing will collapse and Bitcoin is in fully working condition and will stay working for many more years.

[Sandroxa]

I think personally that the value will only reach the $500 in the end of the year and the reason why I think that is because you also soo now that the value is not even rising now.
And the value kept stable for a long time and that is already not good for the currency itself so it have to rise soon otherwise people will dont like it anymore.

[Denker]

The truth is that there is no truth.
We all here are guessing, hoping, wishing.
The one who says to try to be realistic with a forecast could be completely wrong and the other who was called a dreamer and weirdo could be damn right. That's the beauty of Bitcoin!

[Vaskiy]

The truth is that there is no truth.
We all here are guessing, hoping, wishing.
The one who says to try to be realistic with a forecast could be completely wrong and the other who was called a dreamer and weirdo could be damn right. That's the beauty of Bitcoin!

Yeah I agree with you, we can't predict anything just we can guess, I guesstimate the value to be more near to $800 at halving period and even more later, I wish to have this value but what happens the future will predict.

[Foxpup]

even with that, do the opposite of the advice is still not the best option.

In the case of kwukduck, it is. He's so frequently wrong it defies probability. You'd think he'd be right sometimes, purely by chance, but he never is. It is safe to interpret his posts as though they were written by Nostradamus on Opposite Day.

[tiggytomb]

Don't believe the hype don't don't don't believe the hype.  Nobody can predict what will happen but the majority that I've seen posting expect a rather large rise.

[Newcoins2020]

Don't believe the hype don't don't don't believe the hype.  Nobody can predict what will happen but the majority that I've seen posting expect a rather large rise.

Exactly follow your own gut. It is your money so spend or invest it wisely. Don't let others decide what to do with your money.

[HarryKPeters]

LIke others ar saying don't follow but try to lead. So make up your own decision. If you depend on oeher's advice it will be hard for you to make profit

[pereira4]

That is true that it is really good if you hold some BTC now instead of for example gold.
Whatelse, if you can predict shrt-term changes, you can earn some money on it easly.

The answer to your question is $4000/btc.

Where did you get it from ?  

Common sense. Once Bitcoin prove that it can recover from what a lot of people thought it was a fatal crash (from 1200 back all the way down to 150 dollars as the last floor after the ATH) the psychological fear of 1000 which is by itself a classic psych fear number, is crossed, then ATH is crossed, FOMO will kick in and we will see a massive pump of the price of unfathomable highs. 4000 is simple a good guesstimation.

[Herbert2020]

it is all analysis and speculation, there is no truth to what the price is going to be. the truth is about the rise and the fact that bitcoin is becoming more and more popular.

just a couple of days back steam started accepting bitcoin, soon we will see others that will follow. and in no time we will see the mass adoption phase.

[MrBig]

Bitcoin rising to $500+ as a result of the halving: A realistic scenario given the upcoming halving of supply and likely increase of media exposure bringing new investors.

Bitcoin rising to $10,000 as a result of the halving: Wishful thinking

Like others said, look at the possible factors affecting price and ignore anyone who throws out irrational predictions.

[NamedUser]

My 2 cents would say a rise every halving, but not doubled. I would say $600 after halving and in 2020 $1500-$2000. Total random guess though!

[ajareselde]

I would guess that there most certainly will be a rise by this year end, maybe event to the 1k area, which will probably be followed by a correction.
It all depends on what timeframe you are looking at. If youre talking in years, 10 k isnt such a big deal for a 10 year plan for example.

[angaper]

I have always though that the future of bitcoin price is full of uncertainty, and no one has a magic ball to foresee with accuracy any market behavior in the long run. I only recommend to be very cautious, avoiding excessive confidence or taking unnecessary risks at the moment of deciding what to do with your bitcoins.

[MingLee]

The truth is that $10,000 is impossible, $500 is likely. If you really want the truth, make your own technical analysis and try to fine tune it as much as possible, using historical data and market movements in the past. It won't be representative of what will actually happen, but it will probably give you one of the better estimates.

[alani123]

Euphoria is the hell of a drug. Don't listen to those high on it.

[1Referee]

even with that, do the opposite of the advice is still not the best option.

In the case of kwukduck, it is. He's so frequently wrong it defies probability. You'd think he'd be right sometimes, purely by chance, but he never is. It is safe to interpret his posts as though they were written by Nostradamus on Opposite Day.

Some times it makes me wonder if he is getting paid for his weekly or monthly dose of nonsense. Some one with common sense and enough experience will at some point realize that he is moving in the wrong direction. But no, that's not the case with kwukduck. He is very consistent when it comes to spreading lies and failing predictions. That's why I some times think he gets paid for it.

[Hashminers]

You can see it like this, the price will rise to a amount of 500 dollar next month if everything will goes well with the bitcoin.
If you look on a long term the prediction of 10k can become true although I highly doubt about that.