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Author Topic: $10K at the end of 2017?  (Read 3533 times)
Carlsen
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June 23, 2017, 01:03:16 PM
 #41

I do not see bitcoin to reach 10K in 2017, and not in 2018 as well.
Those numbers are just too high.
After that, who knows.
For the moment I expect the price to be volatile between 2300$ and 3000$.
I suppose it will swing between those levels for a few months now.

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June 23, 2017, 01:25:20 PM
 #42

Its definitely possible, though 2018 is likely and 2020 is a guarantee.
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June 23, 2017, 04:58:52 PM
 #43

Last month, we have read many self-proclaimed Bitcoin analysts and experts proclaiming to the whole world that soon Bitcoin will hit $10,000 by the end of 2017. We have some corrections since then which pulled back Bitcoin a little bit from its $2800 high and right now as I speak it is hovering at the $2500-$2600 level.

Bitcoin is now priced higher than 1oz. of gold and has beaten any other financial instruments in terms of return on investment which result into many money managers noticing Bitcoin and transferring some of their eggs into it.

Do you think Bitcoin will really make it into $10K within this year, most especially after its August One "date with destiny"? 

I don't think bitcoin could reach $10K by the end of 2017, what kind of bitcoin analysts and experts proclaimed​? Link?
The best price for bitcoin after segwit activated maybe around $5000-$6000, after fluctuate and some corrections occurred at the highest price. Bitcoin cycle always going like that, but we will see higher floor than just $2500 obviously.
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June 23, 2017, 06:30:15 PM
 #44

It will be crazy prediction but bitcoin market is already doing some crazy moves, so yes it can hit $10k or even more than that by end of this year. But we should also be prepared for bigger dump which might push price back to $1500 region.
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June 23, 2017, 07:52:49 PM
 #45

It will be crazy prediction but bitcoin market is already doing some crazy moves, so yes it can hit $10k or even more than that by end of this year. But we should also be prepared for bigger dump which might push price back to $1500 region.

yes it is really a crazy prediction but we have to live in reality and in reality i do not think that the price of bitcoin will either reach or cross 10k $ because the price of bitcoin is not moving in such speed that it will reach 10k $ and also one thing more that if the price of bitcoin will cross 10k$ then if we face dump so it will not be such like that the price fall into 1500$.
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June 23, 2017, 09:09:55 PM
 #46

It will be crazy prediction but bitcoin market is already doing some crazy moves, so yes it can hit $10k or even more than that by end of this year. But we should also be prepared for bigger dump which might push price back to $1500 region.

yes it is really a crazy prediction but we have to live in reality and in reality i do not think that the price of bitcoin will either reach or cross 10k $ because the price of bitcoin is not moving in such speed that it will reach 10k $ and also one thing more that if the price of bitcoin will cross 10k$ then if we face dump so it will not be such like that the price fall into 1500$.
If you go for analyzing how bitcoin prices have moved in the past then you may get an idea like just one week of time will be more than enough to cover some thousands of prices to be achieved. So, you never need to worry like at pace bitcoin prices are moving right now. It has all possibilities to have $10k value before end of this year.

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June 23, 2017, 09:30:55 PM
 #47

Its definitely possible, though 2018 is likely and 2020 is a guarantee.

I will just remain neutral to both of that years, because we don't know yet the real score here about bitcoin price, and we all knew that bitcoin price is always an unpredictable type of currency. You cannot predict a certain thing about it, only that we are in a certain situation price is possible to rise but not an idea of huge drop; there maybe fluctuations bit within the nominal. No one really can guarantee that 10k of 2018 to 2020 and for me in my own visionary, it may take at 4k to to 7k but eventually drops again at $3.5k plus within that year. That's by reasons of changing minds of the investors and also because of many dumpings as people will sell their holding if needed to use the funds.
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June 23, 2017, 10:00:38 PM
 #48

It will be crazy prediction but bitcoin market is already doing some crazy moves, so yes it can hit $10k or even more than that by end of this year. But we should also be prepared for bigger dump which might push price back to $1500 region.

yes it is really a crazy prediction but we have to live in reality and in reality i do not think that the price of bitcoin will either reach or cross 10k $ because the price of bitcoin is not moving in such speed that it will reach 10k $ and also one thing more that if the price of bitcoin will cross 10k$ then if we face dump so it will not be such like that the price fall into 1500$.
If you go for analyzing how bitcoin prices have moved in the past then you may get an idea like just one week of time will be more than enough to cover some thousands of prices to be achieved. So, you never need to worry like at pace bitcoin prices are moving right now. It has all possibilities to have $10k value before end of this year.
Well in my own its still not possible $10k value this year can be reach like other said the movement of the price fluctuate is not so fast we are naturally increase and growing gradually.. we already seen the movement of the price past year ago i think 2013 but because of many users of bitcoin right now its impossible to see that the price of bitcoin can be increase fast or instant.. except if you can invest billions of dollars in bitcoin it can be affected the price and increase until reach $10k value but its impossible we are just all investing small amount for gaining profit.. and they are just following the trends if they heard a good news they buy bitcoins if they heard bad news they are panic sell that is why the price of bitcoin is not stable.
The possible price can be reach this year is around $3,000-$3,500 value..

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June 23, 2017, 10:59:00 PM
 #49

very imposible if bitcoin price can reach 10k in end year 2017

I agree



Ha ha ha ha

These analysts constantly fail in their predictions, I stopped believing in these analysts

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June 23, 2017, 11:04:25 PM
 #50

Anything is possible with bitcoin. Except this!
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June 23, 2017, 11:15:52 PM
 #51

3x every year.
10x when halving append.

simple.




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June 23, 2017, 11:27:49 PM
 #52

It will be crazy prediction but bitcoin market is already doing some crazy moves, so yes it can hit $10k or even more than that by end of this year. But we should also be prepared for bigger dump which might push price back to $1500 region.

yes it is really a crazy prediction but we have to live in reality and in reality i do not think that the price of bitcoin will either reach or cross 10k $ because the price of bitcoin is not moving in such speed that it will reach 10k $ and also one thing more that if the price of bitcoin will cross 10k$ then if we face dump so it will not be such like that the price fall into 1500$.
If you go for analyzing how bitcoin prices have moved in the past then you may get an idea like just one week of time will be more than enough to cover some thousands of prices to be achieved. So, you never need to worry like at pace bitcoin prices are moving right now. It has all possibilities to have $10k value before end of this year.

That would be the all time high if price would really get that but as far as i know theirs so many struggles yet coming to bitcoins right now but let see how will go unto it if segwit will be approve since their are people spreading some bad and good fuds unto it. But maybe I think there would be a good scenario will happen since august 1 will surely bring another leap to us.

R


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June 23, 2017, 11:44:21 PM
 #53

I do not think that the current bullish trend has enough momentum to push the price at that point, and to be honest I do not think it is so convenient for the bitcoin-based economy to experience such a rapid rise, since a more stable behavior and less volatility is needed to generate confidence in the usability of bitcoin as a reliable currency to make financial transactions without facing the possibility of seeing our money at risk.

But in addition, such a high price would discourage many new interested parties from acquiring bitcoins, knowing that from one day to the next it may suffer great oscillations of 20-30% in its price.
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June 24, 2017, 02:52:30 AM
 #54

Last month, we have read many self-proclaimed Bitcoin analysts and experts proclaiming to the whole world that soon Bitcoin will hit $10,000 by the end of 2017. We have some corrections since then which pulled back Bitcoin a little bit from its $2800 high and right now as I speak it is hovering at the $2500-$2600 level.

Bitcoin is now priced higher than 1oz. of gold and has beaten any other financial instruments in terms of return on investment which result into many money managers noticing Bitcoin and transferring some of their eggs into it.

Do you think Bitcoin will really make it into $10K within this year, most especially after its August One "date with destiny"? 

I think $10,000 for bitcoin price is too ambitious for this year. We could even see a correction with the price dropping the rest of the year. The most likely scenario is a correction first and then a gradual increase with a few fluctuations along the way. I do think that the price will eventually hit $10,000 but a few years down the road.
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June 24, 2017, 03:28:44 AM
 #55

Last month, we have read many self-proclaimed Bitcoin analysts and experts proclaiming to the whole world that soon Bitcoin will hit $10,000 by the end of 2017. We have some corrections since then which pulled back Bitcoin a little bit from its $2800 high and right now as I speak it is hovering at the $2500-$2600 level.

Bitcoin is now priced higher than 1oz. of gold and has beaten any other financial instruments in terms of return on investment which result into many money managers noticing Bitcoin and transferring some of their eggs into it.

Do you think Bitcoin will really make it into $10K within this year, most especially after its August One "date with destiny"? 

First of all, these "self-proclaimed" analysts are rarely right about anything.

Usually, they just say whatever benefits them the most. So if they hold bitcoin, and they want to make a profit of it, then they will tell everyone else that have subscribed to their newsletters or articles and so on to buy into bitcoin and make ridiculous predictions.

I'm not saying though that the bitcoin haters are right either, in fact they are probably proven to be the most inaccurate predictors in history. The truth lies usually somewhere in the middle.

$10k would mean that the bitcoin capitalization is over $100 billion. If people dump altcoins for bitcoin, this is entirely possible. But right now icos are pretty hot, and i wouldn't say that any sort of regulation will be put in by the end of 2017, so personally for me, 10k is possible just not this fast.
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June 24, 2017, 05:08:04 AM
 #56

The end price expectation from majority of the users is from $3000-$5000 and by the same time if the price peaking happens and reaches $10000 or even higher every user will be happy on it. Hope something good happens by the year end.
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June 24, 2017, 05:16:36 AM
 #57

Last month, we have read many self-proclaimed Bitcoin analysts and experts proclaiming to the whole world that soon Bitcoin will hit $10,000 by the end of 2017. We have some corrections since then which pulled back Bitcoin a little bit from its $2800 high and right now as I speak it is hovering at the $2500-$2600 level.

Bitcoin is now priced higher than 1oz. of gold and has beaten any other financial instruments in terms of return on investment which result into many money managers noticing Bitcoin and transferring some of their eggs into it.

Do you think Bitcoin will really make it into $10K within this year, most especially after its August One "date with destiny"? 

I think $10,000 for bitcoin price is too ambitious for this year. We could even see a correction with the price dropping the rest of the year. The most likely scenario is a correction first and then a gradual increase with a few fluctuations along the way. I do think that the price will eventually hit $10,000 but a few years down the road.

Ambitioin wich is good for bitcoin believers since before when bitcoins price is cents no one believes it and looks what happen now it gains thousands of dollars in current rate so 10,000$ maybe not reached on this year but for the fact that flactuation and adoption is doing great right now maybe the range price we can see this year is at 5000$.

magneto
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June 24, 2017, 05:29:26 AM
 #58

3x every year.
10x when halving append.

simple.






That's funny but true.

It seems like that every time there is a halving the aftershock can last up to 1-2 years. And then there is like 2 years of quiet time when nobody talks about bticoin and the price isn't going anywhere, the community interest dies down, and when the next halving comes, everyone just sort of comes out of their sleep again and start investing in bitcoin, driving up the price.

I wouldn't say that $10k is possible this year though because bitcoin has already went up by like 700% from $400. To get to $10,000 would mean quadruple the price of the current bitcoin to usd value, which isn't that doable tbh.
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June 25, 2017, 12:58:41 AM
 #59

Last month, we have read many self-proclaimed Bitcoin analysts and experts proclaiming to the whole world that soon Bitcoin will hit $10,000 by the end of 2017. We have some corrections since then which pulled back Bitcoin a little bit from its $2800 high and right now as I speak it is hovering at the $2500-$2600 level.

Bitcoin is now priced higher than 1oz. of gold and has beaten any other financial instruments in terms of return on investment which result into many money managers noticing Bitcoin and transferring some of their eggs into it.

Do you think Bitcoin will really make it into $10K within this year, most especially after its August One "date with destiny"? 

First of all, these "self-proclaimed" analysts are rarely right about anything.

Usually, they just say whatever benefits them the most. So if they hold bitcoin, and they want to make a profit of it, then they will tell everyone else that have subscribed to their newsletters or articles and so on to buy into bitcoin and make ridiculous predictions.

I'm not saying though that the bitcoin haters are right either, in fact they are probably proven to be the most inaccurate predictors in history. The truth lies usually somewhere in the middle.

$10k would mean that the bitcoin capitalization is over $100 billion. If people dump altcoins for bitcoin, this is entirely possible. But right now icos are pretty hot, and i wouldn't say that any sort of regulation will be put in by the end of 2017, so personally for me, 10k is possible just not this fast.

You can probably flip a coin and probably make better predictions than these 'analysts'. Analysts in equity markets usually have a track record and we can look at how their past recommendations have played out. In the crypto-world, there is nothing like that.


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June 25, 2017, 07:15:34 PM
 #60

I do not see bitcoin to reach 10K in 2017, and not in 2018 as well.
Those numbers are just too high.
After that, who knows.
For the moment I expect the price to be volatile between 2300$ and 3000$.
I suppose it will swing between those levels for a few months now.
Honestly speaking so do I. I think it is too much price for the bitcoin.
This is something expecting so much from the Bitcoin, currently the situation of the bitcoin don’t look like it can cross $4000 till the end of this year. At first I thought it will cross $5000 but now I am afraid that it may reach $3500 till the end of this year.
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