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Author Topic: Bitcoin Launches SegWit, Max Keiser Raises ‘Interim’ Price to $10,000  (Read 1505 times)
real_links (OP)
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August 24, 2017, 10:53:53 PM
 #1

Max Keiser has raised his Bitcoin price forecast to $10,000 as the cryptocurrency industry celebrates SegWit activation.

Joining figures such as Andreas Antonopoulos and Bobby Lee, Keiser, who is notoriously bullish on Bitcoin, said his “interim” price estimate had doubled from $5000.

Lee’s BTCC pool mined the first SegWit block for Bitcoin.

https://cointelegraph.com/news/bitcoin-launches-segwit-max-keiser-raises-interim-price-to-10000
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August 25, 2017, 07:23:54 AM
 #2

$10,000 looks possible by end of this year if not price will be atleast over $7500. Even after segwit activation we haven't seen any significant dump on market which shows that people are still buying bitcoin at this high price. Last bull run was not fueled by high speculation over segwit and nobody is selling on the actual segwit activation like many have predicted.

Holding all my bitcoins for next round of bull run.....
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August 25, 2017, 08:05:58 AM
 #3

$10,000 looks possible by end of this year if not price will be atleast over $7500.

This is what I am thinking too, from a charting perspective. But, fundamentals (fighting over block size) could easily screw this up, let's hope not.
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August 25, 2017, 08:12:39 AM
 #4

$10,000 looks possible by end of this year if not price will be atleast over $7500. Even after segwit activation we haven't seen any significant dump on market which shows that people are still buying bitcoin at this high price. Last bull run was not fueled by high speculation over segwit and nobody is selling on the actual segwit activation like many have predicted.

Holding all my bitcoins for next round of bull run.....

Realistically, $6000-$7000 is possible at the end of the year. But I highly doubt that we can even get to $1000. With the activation of Segwit, yesterday depending on your timezone, I'm clearly seeing the positive effect right now because the price is moving up to $4300 from $3600 we have seen a few days ago. But the moment we all been waiting is the November Segwit2x and how will it affect the price of bitcoin then. I'm optimistic that it will have a positive effect on the ecosystem that's why I speculate that the price could reach $6000-$7000 max at the end of the year.

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August 25, 2017, 08:35:22 AM
 #5

$10,000 looks possible by end of this year if not price will be atleast over $7500. Even after segwit activation we haven't seen any significant dump on market which shows that people are still buying bitcoin at this high price. Last bull run was not fueled by high speculation over segwit and nobody is selling on the actual segwit activation like many have predicted.

Holding all my bitcoins for next round of bull run.....
The price is only getting higher. $10k don't look impossible indeed. But I am thinking whether it is worth to keep btc even more, after it reaches $10000. Where's the limit in price growth? Keeping btc forever won't make any sense, for one has to spend something he/she has. Otherwise having money doesn't make any sense and is actually worth nothing.

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August 25, 2017, 08:48:55 AM
 #6

$10,000 looks possible by end of this year if not price will be atleast over $7500. Even after segwit activation we haven't seen any significant dump on market which shows that people are still buying bitcoin at this high price. Last bull run was not fueled by high speculation over segwit and nobody is selling on the actual segwit activation like many have predicted.

Holding all my bitcoins for next round of bull run.....
The price is only getting higher. $10k don't look impossible indeed. But I am thinking whether it is worth to keep btc even more, after it reaches $10000. Where's the limit in price growth? Keeping btc forever won't make any sense, for one has to spend something he/she has. Otherwise having money doesn't make any sense and is actually worth nothing.

$10000 price has never been impossible, even when price was dropping back in 2014 down towards the $188 bottom it all seemed possible to reach $10K. nothing has changed from that day apart from the speed of the rise.
in the end it will all come down to the adoption, and as time goes by the adoption rate increases too. so for example if we used to have 2x rises each year now we can have 4x rise easily. and more in the future.

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August 25, 2017, 08:59:42 AM
 #7

SegWit activation will drive price to 10000$ for sure. A brillant future is coming for us

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August 25, 2017, 09:36:54 AM
 #8

Yea you can be all yelling about his new estimates of $10.000, let's just forget that a few years ago he was predicting $500.000-$1.000.000, i see a trend here... it's not a positive one for the value of Bitcoin.
He knows what is coming and it's not good.

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August 25, 2017, 09:41:40 AM
 #9

a 10000 USD predicted price is equal to 165 to 170 billion USD market capitalization of bitcoin which is in par with other top 50 largest company like McDonalds, MasterCard, 3M, Toyota, Intel,Total Oil,Pepsi Co, Walt Disney,Cisco,Boeing,Unilever, all these companies have at least 130-170 billion USD market cap, if that could happen we can surpass other big companies worlwide.
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August 25, 2017, 09:51:18 AM
 #10

Yea you can be all yelling about his new estimates of $10.000, let's just forget that a few years ago he was predicting $500.000-$1.000.000, i see a trend here... it's not a positive one for the value of Bitcoin.
He knows what is coming and it's not good.

the trend that you have been seeing is pretty obvious from your post history. each time there is a price rise you come here and start talking about doomsday and dump down to $100. of course this year you stopped saying that number!

and not much longer than 5 days ago you were singing about how price is dropping down to below $3000 just because a tiny correction happened!

so yeah, everyone is seeing the "trend" here...

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August 25, 2017, 10:02:34 AM
 #11

Yea you can be all yelling about his new estimates of $10.000, let's just forget that a few years ago he was predicting $500.000-$1.000.000, i see a trend here... it's not a positive one for the value of Bitcoin.
He knows what is coming and it's not good.

Damn dude for years you spread FUD. If you just had bought some coins even last year, you would have reduce your loss that you made as you sold your coins at $10. You really still hope for $50 coins lol...
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August 25, 2017, 11:03:22 AM
 #12

$10,000 looks possible by end of this year if not price will be atleast over $7500. Even after segwit activation we haven't seen any significant dump on market which shows that people are still buying bitcoin at this high price. Last bull run was not fueled by high speculation over segwit and nobody is selling on the actual segwit activation like many have predicted.

Holding all my bitcoins for next round of bull run.....

I'm afraid I disagree. Segwit is not being used - no point having a feature that no-one uses. And the backlog of transactions keeps rising, as do the fees. If bitcoin becomes impossible to use in real life (as in simply moving coins from your wallet to an exchange or trying to buy something with it, it becomes worthless.

 
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August 25, 2017, 11:52:51 AM
 #13

$10,000 looks possible by end of this year if not price will be atleast over $7500. Even after segwit activation we haven't seen any significant dump on market which shows that people are still buying bitcoin at this high price. Last bull run was not fueled by high speculation over segwit and nobody is selling on the actual segwit activation like many have predicted.

Holding all my bitcoins for next round of bull run.....
The price is only getting higher. $10k don't look impossible indeed. But I am thinking whether it is worth to keep btc even more, after it reaches $10000. Where's the limit in price growth? Keeping btc forever won't make any sense, for one has to spend something he/she has. Otherwise having money doesn't make any sense and is actually worth nothing.

You can spend BTC of course.However I would make sure to replace the spent BTC as fast as possible as the price will probably continue moving up in the future.
In it's actual stage BTC is more like an investment with awesome ROI and a safe haven asset. You can use it as currency of course but it doesn't make much sense imo at the moment. Before this will could be done without having the feeling of missing the train, Bitcoin needs mass adoption and a price which is significantly higher before showing any signs of "stability". Bitcoin has to the potential to reach 6 figures in long term, speaking in 10 years imo. Once we hit exponential phase of s-curve adoption, expect a wild upwards ride. Nobody wants to miss that, that's why there are so many hodlers out there!
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August 25, 2017, 12:56:32 PM
 #14

Yea you can be all yelling about his new estimates of $10.000, let's just forget that a few years ago he was predicting $500.000-$1.000.000, i see a trend here... it's not a positive one for the value of Bitcoin.
He knows what is coming and it's not good.

Damn dude for years you spread FUD. If you just had bought some coins even last year, you would have reduce your loss that you made as you sold your coins at $10. You really still hope for $50 coins lol...

I've long moved on from my past mistakes.
I'm just here to warn everybody that will listen to reason and facts.

FACT: Bitcoin protocol is flawed.
FACT: SegWit transactions are extremely vulnerable to theft.
FACT: November hard fork WILL cause chaos as the majority of miners will go to the SW2x chain.

I'm not here to spread FUD, i'm here to warn people so they don't lose money.
Many people seem to be way in over their heads in this, selling their houses and shit to invest in bitcoin. When November hits, those people can live on the streets, that's something i don't wish on anyone.
Even with smaller investments or loans people got to get bitcoin, they will probably lose it and be in serious trouble!

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August 25, 2017, 01:02:20 PM
 #15

i think the price will be around $6500~$7000 at the end of the year ,and $15000 by the time of 2019.anyway ,just holding the bitcoin and enjoy the ride . do not be off the train .

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August 25, 2017, 01:06:31 PM
 #16

I'm so glad that Max Keiser and other bitcoin experts can look into their crystal balls and keep us up to date on where the price will be.

So how's that MaxCoin thing working out so far, Max? (zing!)  Grin
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August 25, 2017, 01:15:29 PM
 #17

Bitcoin is far better to $. Transaction fee is what is killing my biz.
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August 26, 2017, 06:30:46 AM
 #18

Max Keiser has raised his Bitcoin price forecast to $10,000 as the cryptocurrency industry celebrates SegWit activation.

Joining figures such as Andreas Antonopoulos and Bobby Lee, Keiser, who is notoriously bullish on Bitcoin, said his “interim” price estimate had doubled from $5000.

Lee’s BTCC pool mined the first SegWit block for Bitcoin.

https://cointelegraph.com/news/bitcoin-launches-segwit-max-keiser-raises-interim-price-to-10000

What exactly does "interim" price even supposed to mean? Does it mean that they think this is where bitcoin is supposed to be at naturally right now or something else?

Personally i think that bitcoin price is currently somewhat overvalued. Not overvalued by a lot but still, i can see a correction happening this year. Over the long term growth of bitcoin will sustain but in the short term i can't see it going to $10k any time soon, honestly. Segwit hasn't affected transaction fees much - yet.

Obviously, Bobby Lee probbaly knows better about btc than me. Who knows. But Keiser is way too bullish.
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August 26, 2017, 08:22:25 AM
 #19

Bitcoin is far better to $. Transaction fee is what is killing my biz.

A much superior currency IMO due to its features, yes, but with those extreme fees, I might just keep my btc intact rather than spend them and be killed by tx fees.



$10,000 maybe attainable this year given the bullish trend that we have for 9 months now. But this trend could shift to the negative if some greedy miners continue to reject valid transactions in the network causing it to be clogged. These devs have good vision for BTC, but with its current state, I doubt if their vision would materialize sooner.
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August 26, 2017, 08:52:31 AM
 #20

About 3 years ago, people were speculating about a 10000$ bitcoin and I think they were mad. But now I think it is possible. Would like it dumped a bit to get more, but probably it is good to buy as it is as it is likely to go much higher.

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