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Author Topic: [2017-08-26] Expert Predicts Bitcoin Will be Worth up to $20,000 in 3yrs  (Read 2998 times)
Karartma1 (OP)
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August 27, 2017, 07:07:38 AM
 #1

Bitcoin is on an ever-upward trend lately. Today, the world’s first and most popular cryptocurrency is flirting with $4,500 in valuation. Bitcoin is now more than three times more valuable than gold., and, according to one expert, Ronnie Moas of Standpoint Research, we are still only at the tip of the iceberg.
Moas spoke with CoinDesk about his forecast for the cryptomarket. He predicts that all cryptocurrencies will be worth $2 trillion in the next 10 years, a significant bump from their current standing at $150 billion. Moas sees a direct parallel between the crypto market and the “dot-com boom” of the 1990s.

More @ https://futurism.com/expert-predicts-bitcoin-will-be-worth-up-to-20000-in-the-next-three-years/
1Referee
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August 27, 2017, 09:43:53 AM
 #2

Another expert. Soon the entire world will be infiltrated with experts, leaving no room for dumb people like me. Roll Eyes No matter how well set up a certain article is (this one definitely isn't), when I see Bitcoin versus Gold's troy ounce price comparisons, it directly degrades the article significantly. It's obvious that the growth potential of Bitcoin, and basically crypto in general, is gigantic. Especially when you consider how tiny this market in its entirity is. It's not for nothing that banks, institutions, wealthy individuals, wall street, etc, are all looking at Bitcoin with dollar signs in their eyes. And that while years ago, they didn't see Bitcoin last at all - it was a second tulip bulb mania, a plaything for the underworld, didn't serve any real purpose, etc.
Karartma1 (OP)
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August 27, 2017, 10:09:07 AM
 #3

I understand your point of view and I agree but you know that humans need to compare things because they don't cope well with the unknown. We can be experts in knowing how bitcoin works but doing solid TAs is mostly luck.
Vishnu.Reang
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August 27, 2017, 11:10:30 AM
 #4

There is no point in predicting the future exchange rates of Bitcoin, because till now no one has succeeded in doing it. Back in 2015, people would have laughed at you if you had claimed that after two years the exchange rates could climb to $4,400 per coin.
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August 27, 2017, 11:19:56 AM
 #5

just an unregulated Assetclass. What people are taking is exactly like when nannys are getting interested in stockmarket.. Time to sell

eckmar
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August 27, 2017, 12:01:46 PM
 #6

There is no point in predicting the future exchange rates of Bitcoin, because till now no one has succeeded in doing it. Back in 2015, people would have laughed at you if you had claimed that after two years the exchange rates could climb to $4,400 per coin.

Not really. In 2015 people predicted a lot more as they are predicting now. No way we can know for sure, so as you said, no point in predicting.
TooDumbForBitcoin
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August 27, 2017, 01:36:53 PM
 #7

At least this guy don't vowed to dine on his own penis in front of everyone if he goes wrong  Cheesy  alike John McAfee. BTW Moas predict $5k till end of 2017 https://www.coinspeaker.com/2017/07/06/bitcoin-price-reach-5000-year-says-standpoint-research-founder/



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JemmaColin
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August 27, 2017, 08:00:32 PM
 #8

Every day I read news with different forecasts. But this forecast seems very pessimistic to me. Bitcoin is developing rapidly and the price is growing every day. I think he will reach $ 20,000 in the next 12 months
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