[BREAKING NEWS]: Wall Street Predicting Bitcoin To Hit $55,000 In 5 Years

[Sasha Grey]

I agree, this prediction was made middle of this year. Some revision is due eg $55k by end of 2018 instead of 2022.

I doubt that it could wait 5 years for it to reach $55,000. Bitcoin is now $11,000 and I think it could hit $20,000 before this year ends. So I guess hitting $50,000 will take only 2 years or less. But of course that is my own opinion.

Yes right, I think the $ 55k price happens in 2018 and does not need to wait until 5 years, when compared to this year's rise of more than a thousand percent more then it only takes 500 percent to reach $ 55k and this is very possible.

[1714039759]

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[btc_angela]

I agree, this prediction was made middle of this year. Some revision is due eg $55k by end of 2018 instead of 2022.

I doubt that it could wait 5 years for it to reach $55,000. Bitcoin is now $11,000 and I think it could hit $20,000 before this year ends. So I guess hitting $50,000 will take only 2 years or less. But of course that is my own opinion.

I think with the current bullish sentiments of the people around bitcoin. $55K will be touch sooner than 2022. And if this prediction was made middle of this year, a lot of things has happened already that this prediction should no longer be applicable today. Yes, your opinion may be right or it could go wrong, but what is important is that bitcoin is slowly been recognized by a lot of financial institution and industries like CME that predicting the price is somewhat futile. Let just wait and see how it will turn out next year. I'm still optimistic that the positive sentiments will still resume till early next year with just minor interruptions.

[Cryptron]

Well I think there will be always a possibility since many these days do Bitcoin now and investing to it. Recently it reaches already $20k dollars and only fall because of Christmas Season. But the chance of rising again is high since this coming year, many investors will come.

[BitcoinFrik]

Straight of the printing press the paper is still hot and the ink wet as we deliver this story to you this evening.

Top Wall Street strategists see bitcoin 'cannibalizing' gold, worth as much as $55,000.

http://www.cnbc.com/2017/07/07/strategist-tom-lee-weighs-sees-bitcoin-going-as-high-as-55000.html

Updates if we can be bothered to post them...

I have my doubts that Bitcoin will be this little in 5 years. Maybe they forgot to add a zero or something. Bitcoin has much more potential than this, and crypto currencies overall all as a matter of fact.

[Mandoy]

Straight of the printing press the paper is still hot and the ink wet as we deliver this story to you this evening.

Top Wall Street strategists see bitcoin 'cannibalizing' gold, worth as much as $55,000.

http://www.cnbc.com/2017/07/07/strategist-tom-lee-weighs-sees-bitcoin-going-as-high-as-55000.html

Updates if we can be bothered to post them...

Though it is true that some trading analyst in wall street have predicted that bitcoins will reach that value but many analyst and strategist in wall street are also against bitcoin. But let us just accept the fact that even a newbie in the cryptoworld could tell that bitcoin could reach that value due to bitcoins acceptance and popularity.

[Nhebu]

Straight of the printing press the paper is still hot and the ink wet as we deliver this story to you this evening.

Top Wall Street strategists see bitcoin 'cannibalizing' gold, worth as much as $55,000.

http://www.cnbc.com/2017/07/07/strategist-tom-lee-weighs-sees-bitcoin-going-as-high-as-55000.html

Updates if we can be bothered to post them...

I watched a video tackling the price of bitcoin in the next year. Probably, it will raise to $50k he said. I think it will happens in 5 years but as long as it will rise up rapidly it will take a months just to reach it. Let us keep on watch in bitcoin.

[nightfury]

That is very cool news but having 55K in 5 years is quite very little increase of price if we base it on its value today. If bitcoin will just continue to have its price hike like what happened last month, then 55,000$ can be reach even in the start of third quarter next year.

[Cryptron]

If it might really happen in the Future, then I will hold to my coins and dont panic even if it falls.But from this moment, if it continue to rise and exceed the $20K the peak it has reach maybe before the year 2018 ends it might already reach $55k or exceed it also.

[RudeeTam]

Wow, with the way things are going it's quite possible to hit that high. Downside is, with the price increasing it will be more difficult to get 1 bitcoin. But for those who are still holding up to today, Congratulations!

[Md Saad]

Straight of the printing press the paper is still hot and the ink wet as we deliver this story to you this evening.

Top Wall Street strategists see bitcoin 'cannibalizing' gold, worth as much as $55,000.

http://www.cnbc.com/2017/07/07/strategist-tom-lee-weighs-sees-bitcoin-going-as-high-as-55000.html

Updates if we can be bothered to post them...

Wow...
I believe also that Bitcoin will get tagged almost $50000 USD within 2/3 years. day by day Bitcoin is becoming a stronger currency in this market. people are getting engaged and benefitted financially. I hope this trend will continue and it will become a global money in the future.
not only that but also Bitcoin will be the major tool for saving and investment for the purpose of making the profit in the future.

[ttlnnt]

If this prediction happens to be true in the coming years, it's really a good news for the ccommunity. We really look forward to it keenly.

[Queen12]

Wall Street is always right, as they did when they predicted it would reach $4,000. Now it's $20,000.

[ljm8888]

It's a good news. Although I don't know what price the bitcoin will go up in the future. But my constant optimism is the same. In the virtual currency, bitcoin is still king.

[Inggridpratiwi]

The news is too good to be true. Five years is not a big time and we'll see it happen soon. But this is only a prediction based on some studies and predictions that might be wrong. While it is true that most of us want to see this prophecy turn into reality.

[Ruthless67]

In 5 years it is predicted that not bitcoin will cost 55,000$ , 200,000$ , bitcoin will be at least 55,000$ this year, so not 5 years .

[stompix]

Wall Street is always right, as they did when they predicted it would reach $4,000. Now it's $20,000.

If WS would have been always right we would have three prices for bitcoin the same moment.

Wall Street is not an entity, an organisation or something that has it's own mind.
There are people there who believe bitcoin is the future and there are people who believe it's just a hype, companies who are involved with crypto and companies that are afraid cryptos might ruin them.

Just how there are governments that support BTC like Japan and ones than don't.

Anyhow, reviving this thread right now....

[GentelMe]

If that's true bitcoinres should start thinking to hide their BTCs in a safe place :p

[freshm4ker]

If btc at the $ 55,000 price is not realistic. We will not even get back at $ 5,000 at the moment and some have already guessed $ 3,000 and others say $ 10,000. It's just attracting new investors, wall street is one of the best known because some have big investors or businesses and I think it's good for us in the future.

[hoodi]

Nice news ) and now we see bitcoin at 7k  :d  ohh wait it went up a bit again, never can be sure with bitcoin  

[Simon pasco]

Only 55k$ ?