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Author Topic: When will BTC be at $5,000?  (Read 10844 times)
nethan1btc
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May 26, 2017, 11:06:18 AM
 #61

We can't predict the specific time if we base it in an actual probability of todays bitcoin's growing body of price impact to the market of digital currency. All I know now is bitcoin market demand is getting stronger and you can't control it eventually, because if it happens that current situation of bitcoin next year is much better than today; it's really possible that pirce of $5000 can be achieved after 1 year of price movement.
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May 26, 2017, 11:14:17 AM
 #62

At this point we might even reach that price before the next halving. Good times indeed.


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May 26, 2017, 01:10:53 PM
 #63

My guess is that either BTC hits $5000/coin before the end of June, or it doesn't happen until after 2020.

We're in turbobull fiesta territory right now, but when the party ends, it's usually with a splitting hangover that prevents any further partying for quite a while. The only question is whether the night is still young.
Where did you get your crystal ball? Can you teach us how to make such insightful predictions?

Really now, please back up your conclusion with a concrete analysis not with gut feel and your crystal ball.
I mean, it's not a crystal ball. Just extrapolation from how BTC has behaved before in these overheated periods.

The most recent example would be Q4 of 2013, we ran up the price all the way from $75/coin to $1000/coin in the span of a few months. Then the price crashed, slowly dwindled to ~$240, and it took three years to get back where we'd been.

Or you could go back further, and look at Q2 of 2011, when we ran up the price all the way from 50¢/coin to $32/coin, and then the price crashed, slowly dwindled to to $2, and it took 'til early 2013 to get back on track.

My guess - and yes, I'll admit it's a guess, because anything in this thread is gonna be - my guess is that the current turbobull orgy will fit the same pattern. (Of course, there's a chance that we get something like Q1 of 2013 instead - where the bull market took a much shorter 3-6 month break. If that happens, I'll consider it a pleasant surprise Smiley )

If there is something that will make Bitcoin succeed, it is growth of utility - greater quantity and variety of goods and services offered for BTC. If there is something that will make Bitcoin fail, it is the prevalence of users convinced that BTC is a magic box that will turn them into millionaires, and of the con-artists who have followed them here to devour them.
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May 26, 2017, 02:19:37 PM
 #64

My guess is that either BTC hits $5000/coin before the end of June, or it doesn't happen until after 2020.

We're in turbobull fiesta territory right now, but when the party ends, it's usually with a splitting hangover that prevents any further partying for quite a while. The only question is whether the night is still young.
Where did you get your crystal ball? Can you teach us how to make such insightful predictions?

Really now, please back up your conclusion with a concrete analysis not with gut feel and your crystal ball.
I mean, it's not a crystal ball. Just extrapolation from how BTC has behaved before in these overheated periods.

The most recent example would be Q4 of 2013, we ran up the price all the way from $75/coin to $1000/coin in the span of a few months. Then the price crashed, slowly dwindled to ~$240, and it took three years to get back where we'd been.

Or you could go back further, and look at Q2 of 2011, when we ran up the price all the way from 50¢/coin to $32/coin, and then the price crashed, slowly dwindled to to $2, and it took 'til early 2013 to get back on track.

My guess - and yes, I'll admit it's a guess, because anything in this thread is gonna be - my guess is that the current turbobull orgy will fit the same pattern. (Of course, there's a chance that we get something like Q1 of 2013 instead - where the bull market took a much shorter 3-6 month break. If that happens, I'll consider it a pleasant surprise Smiley )

There is a quite resistant back there on yesterday the bitcoin has drop a $400 dollar value but had stay and rising again now, and just like you said in 2013 there is a resistant happen when it crashed to $240 I think there is a chance we can surely see some unexpected crashes occurring over bitcoin but I think that we can surely see the $3000 mark value some quite sooner and I think it will drop up to bitcoins support level of drop resisting to go any further well that is what I speculated right now and we will not see the $5000 mark value any time soon.














 

 

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RodeoX
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May 26, 2017, 02:27:04 PM
 #65

Quote from: OP
When will BTC be at $5,000?

You are not actually expecting an answer right? It is about as productive as asking what tomorrows winning lotto numbers will be.

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Free bitcoin in AFRICA - https://bitcointalk.org/index.php?topic=2710325.msg27720734
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May 26, 2017, 04:01:29 PM
 #66

When will BTC be at $5,000?

All we can give is speculation, of course.

Mine is:  Fall 2017 (or earlier).
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May 26, 2017, 05:24:11 PM
 #67

We can't predict the specific time if we base it in an actual probability of todays bitcoin's growing body of price impact to the market of digital currency. All I know now is bitcoin market demand is getting stronger and you can't control it eventually, because if it happens that current situation of bitcoin next year is much better than today; it's really possible that pirce of $5000 can be achieved after 1 year of price movement.

Its really really hard to predict when bitcoin will reach 5000$. Even one cant predict what will happen tomorrow with bitcoin prices.Yesterday bitcoin was going smoothly up and today we have seen big dump and prices continuously moving today. Now will this trend of downward movement continues tomorrow as well or we shall see price rise , no one cant predict and that's the beauty of bitcoins
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May 27, 2017, 02:37:28 AM
 #68

My guess is that either BTC hits $5000/coin before the end of June, or it doesn't happen until after 2020.

We're in turbobull fiesta territory right now, but when the party ends, it's usually with a splitting hangover that prevents any further partying for quite a while. The only question is whether the night is still young.
Where did you get your crystal ball? Can you teach us how to make such insightful predictions?

Really now, please back up your conclusion with a concrete analysis not with gut feel and your crystal ball.
I mean, it's not a crystal ball. Just extrapolation from how BTC has behaved before in these overheated periods.

The most recent example would be Q4 of 2013, we ran up the price all the way from $75/coin to $1000/coin in the span of a few months. Then the price crashed, slowly dwindled to ~$240, and it took three years to get back where we'd been.

Or you could go back further, and look at Q2 of 2011, when we ran up the price all the way from 50¢/coin to $32/coin, and then the price crashed, slowly dwindled to to $2, and it took 'til early 2013 to get back on track.

My guess - and yes, I'll admit it's a guess, because anything in this thread is gonna be - my guess is that the current turbobull orgy will fit the same pattern. (Of course, there's a chance that we get something like Q1 of 2013 instead - where the bull market took a much shorter 3-6 month break. If that happens, I'll consider it a pleasant surprise Smiley )

But do you not think that the situation of Q4 2013 is different to the one now? What if the pump will end on June?

Now that there is a dump and a possibility that the pump is over do you still "predict" the same or do we have to question the idea of a $5000 Bitcoin by end of June?


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May 27, 2017, 09:27:17 PM
 #69

When will BTC value be $5,000

When do you think?

In an older post back in December 05 2013 I post a thread asking when do you think BTC would be at $2,000, well it took almost 42 months to achieved that goal.

Here is the older thread
https://bitcointalk.org/index.php?topic=359105.msg3842063#msg3842063

Now that the price is at $2,259 USD, I am asking the same Question, but changing the target to $5,000 USD.
I think we will see that price of 5000 after the next halving, but as we know you should not expect that to be an overnight thing, it will take a few months for that thing to build momentum, but it will eventually and when that happens then the price of bitcoin will reach that milestone.



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HAS BEEN RELEASED!


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May 28, 2017, 01:29:20 AM
 #70

When will BTC value be $5,000

When do you think?

In an older post back in December 05 2013 I post a thread asking when do you think BTC would be at $2,000, well it took almost 42 months to achieved that goal.

Here is the older thread
https://bitcointalk.org/index.php?topic=359105.msg3842063#msg3842063

Now that the price is at $2,259 USD, I am asking the same Question, but changing the target to $5,000 USD.
I think we will see that price of 5000 after the next halving, but as we know you should not expect that to be an overnight thing, it will take a few months for that thing to build momentum, but it will eventually and when that happens then the price of bitcoin will reach that milestone.

The next halving will not happen in years. While I argue that $5000 per Bitcoin cannot be achieved but surely it can be acheived before the next halving.


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May 28, 2017, 01:40:57 AM
 #71

We can't predict the specific time if we base it in an actual probability of todays bitcoin's growing body of price impact to the market of digital currency. All I know now is bitcoin market demand is getting stronger and you can't control it eventually, because if it happens that current situation of bitcoin next year is much better than today; it's really possible that pirce of $5000 can be achieved after 1 year of price movement.

Its really really hard to predict when bitcoin will reach 5000$. Even one cant predict what will happen tomorrow with bitcoin prices.Yesterday bitcoin was going smoothly up and today we have seen big dump and prices continuously moving today. Now will this trend of downward movement continues tomorrow as well or we shall see price rise , no one cant predict and that's the beauty of bitcoins

Nobody can answer that. Bitcoin has risen over the entire time of its existence, with only temporary backslides. Keep buying little by little until you need the money then cash out little by little as you need it.
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May 28, 2017, 03:19:44 PM
 #72

I think the price of bitcoin will happen at $5000 maybe 2018 because my prediction only in this year 2017 the price around $3000-$4000 but everything is possinle to happen eve. $5000 possible to happen but I dont expect too much. So its better now if you buy bitcoin if you want more profit because If you buy today after halving the price become double . Hold your bitcoin and save it and dont sell it . If you do that for sure yoi will earn a big big profit.

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DZU1410
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May 28, 2017, 05:34:05 PM
 #73

I still have the hope that by the end of 2017 we will see the price of $ 5,000. Well, it may be in January 2018. Bitcoin becomes popular and its growth can not hold anything back

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singularityisnear
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May 28, 2017, 07:46:07 PM
 #74

Try searching on the Global War On Cash. If this is something real, it will not be long before Bitcoin reaches such values, or even higher.

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May 29, 2017, 01:55:59 AM
 #75

We can't predict the specific time if we base it in an actual probability of todays bitcoin's growing body of price impact to the market of digital currency. All I know now is bitcoin market demand is getting stronger and you can't control it eventually, because if it happens that current situation of bitcoin next year is much better than today; it's really possible that pirce of $5000 can be achieved after 1 year of price movement.

Its really really hard to predict when bitcoin will reach 5000$. Even one cant predict what will happen tomorrow with bitcoin prices.Yesterday bitcoin was going smoothly up and today we have seen big dump and prices continuously moving today. Now will this trend of downward movement continues tomorrow as well or we shall see price rise , no one cant predict and that's the beauty of bitcoins

Nobody can answer that. Bitcoin has risen over the entire time of its existence, with only temporary backslides. Keep buying little by little until you need the money then cash out little by little as you need it.

That is very good advice, but is it not what everyone is already doing now? Not only now in fact but all these years since Bitcoin became very popular especially in Asian countries.

Do you think trying to hold your Bitcoins is good for its economy? I do not believe it will because there will be a lack of the currency to go around.


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batang_bitcoin
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May 29, 2017, 04:49:22 AM
 #76

I still have the hope that by the end of 2017 we will see the price of $ 5,000. Well, it may be in January 2018. Bitcoin becomes popular and its growth can not hold anything back

$5,000 before the end of this year is quite high for me. Though I believe we will see the price of bitcoin on that stage on the right time. I guess this is possible to happen by the 2nd quarter of 2018. But for this year, I'm only expecting that the price is going to be at $3,000 soon. Let's hope that we will see the price on good stage.

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May 29, 2017, 04:53:56 AM
 #77

Soon-ish™

Right after I finish my frappe....

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May 29, 2017, 07:02:02 AM
 #78

Personally I don't think so we're going to see $5,000  Bitcoin anytime soon because currently were in a Bubble and as we have so the correction comes really quickly. Bitcoin has the ability to go up a lot in a short period of time but also goes down a lot in a similar period of time. Everything is completely unpredictable.

I would say though if a Fiat currency collapse or a stock market crash occurs, we could see bitcoin rise in value like crazy.














 

 

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mantra
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May 29, 2017, 07:04:13 AM
 #79

I incline toward the cost to increment towards that level just before the following square splitting, or soon after that. It will give the market enough time to develop itself, as everything requires significant investment. At that point the request has expanded essentially, we may have an ETF, we without a doubt work bigger pieces, and the square sponsorship is at an unequaled low. That will doubtlessly legitimize the cost to decimate the $5000 level. Significantly more exact - I will be frustrated in the event that we at that point haven't experienced that level.
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May 29, 2017, 10:29:36 AM
 #80

your prediction need 42 months to reach your target...lets wait for next 42 months to reach $5000. Grin

Bitcoin have better chance to reach $5000 soon if the price stay over $2000.so much pump and dump now a days am very confused.
I think still have chance to increase price and reach $3000.lets see where will goes the price  Grin
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