rockyshala (OP)
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October 17, 2017, 09:05:06 PM |
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jerrison
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October 17, 2017, 09:15:25 PM |
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I quite agree with the price of bitcoin and the pace at which it grows but I will have a little bit of challenge believing that it will hit $27,395 by February.
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jerrison
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October 17, 2017, 09:16:39 PM |
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The price of bitcoin goes up and down and as such need more than the forecasted time to hit that margin if we analyze it from this angle. However miracles are evident.
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jhenfelipe
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October 17, 2017, 09:27:39 PM |
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What's with the question, "Is it true?", are you asking if it will really happen? It is a prediction so no one knows if the price would reach that until the time comes. For me, it's unlikely to happen in that span of time, but I'm positive that the price will go higher than what it is now. Well, let's wait and see.
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Cicada1033
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October 17, 2017, 09:33:52 PM |
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I predict Bitcoin will hit 8000$ by february 2018. Is it true?
Well, most likely not but much more accurate than 27,395$. Something really really big needs to happen to archive such gains in 3-4 months. I hope he's right with his prediction but on the other side this unusual groth would cause a big crash sooner or later for sure. So I would be happy if Bitcoin is growing steadily but healthy.
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thecodebear
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October 18, 2017, 01:49:49 AM |
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That's an absurd prediction. $8000, maybe even $9000 would be a much better and very reasonable prediction.
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ALT67890
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October 18, 2017, 01:58:14 AM |
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Well as long it is a positive predictions I don’t have a problem with it. It is more for an advertisement purposes for me and why not exaggerating will gain audience and curious readers into investing on bitcoin. And at the end it is our profits that matters and reacting negatively to him for the reason you don’t have same speculation is wrongly place at this time.
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pealr12
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October 18, 2017, 02:26:24 AM |
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If that happens then good for us, but i dont see any chance that bitcoin will hit that high price in only a short period of time. Bitcoin is still struggling and cant pas the 6000$ mark , so as for that 27,395$ price it will be so difficult for bitcoin to reach that.
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Dutchyyy
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October 18, 2017, 02:47:46 AM |
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I don't believe it. It would be a fair prediction for after five years but after five months it's nearly impossible. However, I'm believer in constant BTC and alts price increasement over time.
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Jovovich
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October 18, 2017, 02:53:06 AM |
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I don't believe it. It would be a fair prediction for after five years but after five months it's nearly impossible. However, I'm believer in constant BTC and alts price increasement over time.
I believe it would attain this kind of price or even just 15k mark. Because after some negative comments by some experts slowly there are countries investing in bitcoin. And most of those people who gave negative comments just shut up when the price went up at 5800$. Sad to say when the price was at 3k, they had many comments about investors leaving bitcoin but it turned up higher now.
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jtipt
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October 18, 2017, 03:29:54 AM |
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That is one very precise number. But its just pure speculation, assumption and some good calculations from Trace Mayer. With another hard fork looming over the blockchain, I doubt BTC will be able to reach $27k by Feb, if segwit2x doesn't cause a major blow to it then $10k is achievable, IMO.
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aso118
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October 18, 2017, 07:45:42 AM |
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These kind of precise predictions always get my goat. It is one thing predicting $10k by 2019. It is quite different predicting $27,395 by February 2018. Doesn’t he believe that there is a margin of error.?
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bifle
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October 18, 2017, 08:05:35 AM |
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Increase of price by x4,5 in 4 months ? It is very ambitious.
I would not bet on this !
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Slow death
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October 18, 2017, 10:11:06 AM |
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Is a very exaggerated forecast, imagine that we are not in the $10.000 and we are not even close to the $ 8000 and we are already near the end of October, if we make the assumption that until October we reach $6000, until November we reach $8000, until December we reach $10000, until January we reached $12000 and February we reached the $14000 or even $15000, then, $27000 probably at the end of the next year or the year 2019
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talkbitcoin
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October 18, 2017, 11:06:44 AM |
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Is this true?
true?! it is a speculation, so there is no true of false about it. they usually do some analysis and make the "predictions" not that it always works but most of the time it is in a good proximity of what can happen. he is using "200-day moving average for bitcoin prices" by the way. it is not unheard of for bitcoin to rise this much but it is not an easy thing either. although after this year, any price rise like this seems pretty easy. that would be a <5x rise
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sindikat
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October 18, 2017, 11:28:44 AM |
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I don't believe in such predictions. I do not believe anyone. Even if the person says that the bitcoin will cost $ 7,000 this is a good result but where does this number come from. Nobody gives an explanation. Bitcoin denies any formulaic approach to his behavior. No need to look to the future. You need to enjoy the present.
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Unplugged
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October 18, 2017, 11:11:14 PM |
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What's with the question, "Is it true?", are you asking if it will really happen? It is a prediction so no one knows if the price would reach that until the time comes. For me, it's unlikely to happen in that span of time, but I'm positive that the price will go higher than what it is now. Well, let's wait and see.
I agree with that as well. The question here is will it be at that price point by February 2018. But with the current pricing I don't think it might reach that pricing it just a span of 3 months. Moreover, bitcoin's pricing is really much increasing right now and it is a good sign of a healthy market.
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yefi
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October 18, 2017, 11:21:19 PM |
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That's an absurd prediction. $8000, maybe even $9000 would be a much better and very reasonable prediction.
I wouldn't call it that absurd. It would represent a continuation of the logarithmic pattern. It would be, however, extremely bubbly.
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pearlmen
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October 18, 2017, 11:26:18 PM |
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A speculative statement is being asked if its true or not. If its true then its no longer speculation at the same time it can't be false because even by February and the prediction didn't come to pass, we just assume its a failed prediction and not a false statement. People can just make statement without any basis but in my own case I would rather take the day as it comes rather than believing in speculations to make decisions.
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Lagduf
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October 19, 2017, 12:36:54 AM |
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What is your opinion? that was a speculation has made by the early investors in bitcoin. i can say that can't be true. And why? the key to double the price of the bitcoin was in the bitcoin halving. If you are remember what already happened after the halving in 2016 and the price got doubled or even more in this time. I were not believing about that.
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