BlueStackz
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October 29, 2017, 08:47:19 AM |
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That would be interesting if that happens. It would actually be five times higher than its value today. I think this prediction is over optimistic without considering the other competition with regards to cryptocurrency ecosystem.
If we talk realistically, then this thing is nearly impossible. Yet you never know what will happen in the future as future is unpredictable. This is really a difficult thing to see and that too in such a short period of time. Market price of bitcoin will for sure increase very much by the end of 2022 but saying this that it will reach up to 25000$ is something nearly impossible and hard to see.
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gabmen
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October 29, 2017, 01:51:08 PM |
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That would be interesting if that happens. It would actually be five times higher than its value today. I think this prediction is over optimistic without considering the other competition with regards to cryptocurrency ecosystem.
If we talk realistically, then this thing is nearly impossible. Yet you never know what will happen in the future as future is unpredictable. This is really a difficult thing to see and that too in such a short period of time. Market price of bitcoin will for sure increase very much by the end of 2022 but saying this that it will reach up to 25000$ is something nearly impossible and hard to see. The thing is, people are also saying at the beginning of this year that 5k is nearly impossible as well this 2017. That bitcoin can't go tbat high in sucb a short time. Well guess what, we've consistently breached 6k and we still have 2 months to go this year. I'm not saying it's going to happen but i'm belieiving it can
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geopolisch
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October 30, 2017, 04:49:34 AM |
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This sounds very good but this date is light years from now and till then we will witness many speculations and manipulations of price. Fud will be better organized, hatters will find new arguments. I'm only not sure if this is going to be a spike or steady nice growth. Now prices changes 300$ daily, when reaches 10k we could see 1000$ daily changing of a price. This will open whole new possibilities for large investors. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) You have made a very good point here. According to me, we are going to see more spikes at least until all the bitcoin are mined out or bought by investors. In the coming years, the demand will be really high and at that time the overall supply would be even less than the present one which will definitely be the reason behind the rate that you told here. Bitcoin will touch this target of 25k dollars within next five years for sure.
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pearlmen
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October 30, 2017, 05:27:12 AM |
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2022 is about 5 years from now which is really short if you ask me. But at the same time, its a period long enough for bigger things to happen but that mark of $2500 per btc, is what I don't see happening in all sincerity but if something massive should happen like governments adopting the blockchain for its use, there is direct use of bitcoin for transactions, there is need to travel around the world with bitcoin in your wallet and wuld suffice then $25000 will only be a moderate speculation.
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jossiel
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October 30, 2017, 07:13:41 AM |
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2022 is about 5 years from now which is really short if you ask me. But at the same time, its a period long enough for bigger things to happen but that mark of $2500 per btc, is what I don't see happening in all sincerity but if something massive should happen like governments adopting the blockchain for its use, there is direct use of bitcoin for transactions, there is need to travel around the world with bitcoin in your wallet and wuld suffice then $25000 will only be a moderate speculation.
It's not that short for me, that's already enough time for bitcoin to be fueled and will be reaching $25,000. This can be tough for bitcoin but make this year as an example, there's so many movement for bitcoin's price that happened. Since January, everyone is expecting $1,000 to happen and it did happened and where now close to November the price is at $6,000 so that's a big percentage of it's growth. Bitcoin is on mainstream now so every people that has skeptical ideas about it will be starting to invest in learning first before putting money on it.
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ChrisPop
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October 30, 2017, 07:17:47 AM |
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From my point of view it would be very hard to see bitcoin price at only $25k by 2022. I mean guys..there are 4 years and a bit until '22. BTC price raised by 6x-7x only this year! What will happen in 4 years?? Nobody knows..but from the historical charts I see it at over $100,000.
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Persiville
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October 30, 2017, 07:18:56 AM |
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That would be interesting if that happens. It would actually be five times higher than its value today. I think this prediction is over optimistic without considering the other competition with regards to cryptocurrency ecosystem.
If we talk realistically, then this thing is nearly impossible. Yet you never know what will happen in the future as future is unpredictable. This is really a difficult thing to see and that too in such a short period of time. Market price of bitcoin will for sure increase very much by the end of 2022 but saying this that it will reach up to 25000$ is something nearly impossible and hard to see. The thing is, people are also saying at the beginning of this year that 5k is nearly impossible as well this 2017. That bitcoin can't go tbat high in sucb a short time. Well guess what, we've consistently breached 6k and we still have 2 months to go this year. I'm not saying it's going to happen but i'm belieiving it can For now we could just only say it is too impossible, and even in the past they have said it was really impossible it would reach that worth we have right now, but as you can see it did happen right before our eyes, and yet there ar so many speculations to what might the future of bitcoin will be, some have said it will pump up, some also said it will drop, no one is certain about those predictions but it has a great potential to get high price.
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Kidmat
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October 30, 2017, 07:30:36 AM |
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From my point of view it would be very hard to see bitcoin price at only $25k by 2022. I mean guys..there are 4 years and a bit until '22. BTC price raised by 6x-7x only this year! What will happen in 4 years?? Nobody knows..but from the historical charts I see it at over $100,000.
There are many speculations about bitcoin to happen for the upcoming years. These days bitcoin price is increasing its soaring high. Im glad if that would happen by 2022, because we couldnt actually tell yet the actual price of bitcoin.
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Rufsilf
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October 30, 2017, 07:42:12 AM |
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I think that the price of $25,000 by 2022 is so close to happen even before 2022 because the market of bitcoin is getting more active than before and the people around the world are now investing in bitcoin because they already notice the huge pump in the price and because of the huge growth of bitcoin which is very attractive for an investor.
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eekkaa
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October 30, 2017, 07:45:15 AM |
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First, a word of warning: I think the valuation is overly optimistic, in the extreme, and I would take it with a grain of salt. May very well be a small analytics firm looking to grab some attention by making a splashy claim. That said, the report was published to the firm's paying clients, so their own credibility is on the line. The company making the prediction is FundStrat, which describes itself as: We are an independent research boutique, providing market strategy and sector research. Our differentiated approach is based on what we call fundamental strategy. That is, our research process combines both top-down strategy and bottoms-up fundamental views, to develop a roadmap of practical and useful investment insights for our clients.
According to FundStrat, Bitcoin is following Metcalfe’s Law, which essentially sketches out the value of a network based on how many users it has. “If you modeled something as simple as square the number of users plus transaction value, it’s explained 94% of [Bitcoin’s price appreciation] this year,” Lee said. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fac27ZfW.png&t=665&c=8IulLV0_KC-Q0Q) Now, as for the future valuation, Tom Lee, Managing Partner of Fundstrat, put a $25,000 price target for Bitcoin by 2022 in a note to clients published earlier this year. However, and this is important, this view is predicated on cryptocurrencies displacing gold in portfolios with Bitcoin serving a “digital store of value.”Presently, I don't see that happening. I think people using crypto as a long term store of value are taking on immense risk, and I don't see something as volatile as crypto displacing gold, which is historically a hedge against inflation and therefore done out of safety. Bitcoin is pure risk. A $25,000 price is fun to think about, even though I don't believe it's in the cards. hopefully this can be a reality if bitcoin can reach $ 25,000 then the development of digital currency is better and can beat assets such as gold or silver, I can not wait to enjoy the increase in bitcoin prices.
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stellgod
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October 30, 2017, 08:37:16 AM |
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This sounds very good but this date is light years from now and till then we will witness many speculations and manipulations of price. Fud will be better organized, hatters will find new arguments. I'm only not sure if this is going to be a spike or steady nice growth. Now prices changes 300$ daily, when reaches 10k we could see 1000$ daily changing of a price. This will open whole new possibilities for large investors. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) It is all about the determination and the value of the bitcoin because now all the people the people are aware of the bitcoin, the income of the bitcoin is the best thing and it is about to hold and the organization of the bitcoin will give you the hollow price, it is the time for the bitcoin and the value of the bitcoin will get more organized if the high level people will buy the bitcoin and will hold it till the growth end. If we look at the graph of market price of bitcoin since the time it was introduced, then we’ll notice this thing that the market price of bitcoin has increased significantly. Even then, it is not at all possible for bitcoin to reach up to this much limit and that in such a short span of time. We can experience a huge increase in the market price of bitcoin but even then it cannot have this much of market value.
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farhaan
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October 30, 2017, 09:30:30 AM |
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This prediction may seem to be optimistic,but if we analyze the previous rise in bitcoin price from just $650 to $5,700 now,it also seems realistic figure to be achieved by 2022.Five years more and each year,if bitcoin price just doubles,then even $25,000 price could be achieved,
What would make it a little bit difficult is that frequent hard forks which would be occur in future.But One thing is for sure that bitcoin is going to change fortunes of many people through out the world.
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fromholland
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October 30, 2017, 10:04:15 AM |
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Nobody would have thought 2 years ago, that BTC would be over $6k now! So yes, I'm sure that it's possible!
but will it happen?? We'll see ;-)
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megynacuna
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October 30, 2017, 12:49:43 PM |
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This prediction may seem to be optimistic,but if we analyze the previous rise in bitcoin price from just $650 to $5,700 now,it also seems realistic figure to be achieved by 2022.Five years more and each year,if bitcoin price just doubles,then even $25,000 price could be achieved,
What would make it a little bit difficult is that frequent hard forks which would be occur in future.But One thing is for sure that bitcoin is going to change fortunes of many people through out the world.
Just too good to be true, we all want the best for bitcoin but we shouldn't over exaggerate its potentials so that we don't get carried away and invest blindly because many may be disappointed if they find out that bitcoin is unable to reach that value by 2022.
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CoinsCoinsEverywhere
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October 30, 2017, 03:34:11 PM |
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This prediction may seem to be optimistic,but if we analyze the previous rise in bitcoin price from just $650 to $5,700 now,it also seems realistic figure to be achieved by 2022.Five years more and each year,if bitcoin price just doubles,then even $25,000 price could be achieved,
What would make it a little bit difficult is that frequent hard forks which would be occur in future.But One thing is for sure that bitcoin is going to change fortunes of many people through out the world.
I agree that there has been a troubling trend recently in the number of hard forks that are being done to create extra coins. However, my guess is that most of them will end up being more or less dismissed as bitcoins cash and gold have been. Forks like the upcoming segwit2x certainly have more potential to cause problems, but those obviously don't occur nearly as often.
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Carlsen
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October 30, 2017, 03:53:06 PM |
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There are so many bitcoin predictions around. They go from zero to a few hunder thousand dollars. And nearly all claim to have some mathematical background. Personally I do not believe any of them. I do not think it is possible to include all variables into those equasions. Nobody can tell what fork or hack will occure next year. In the end only time will tellwhere we are heading.
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Dudeperfect
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October 30, 2017, 04:17:38 PM |
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It is definitely possible to touch that figure even much before 2022 if we could maintain the growth rate but as we know, such massive growth always carries a huge correction with it, I think realistically it would touch $25K around 2022 organically and float in the range of anything between $25K $35K. Yes, it is extremely difficult and irrational to predict something about Bitcoin post 5 years but we can always use the current trend to forecast the future possibilities of it.
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BTCevo
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October 31, 2017, 05:09:56 AM |
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This prediction may seem to be optimistic,but if we analyze the previous rise in bitcoin price from just $650 to $5,700 now,it also seems realistic figure to be achieved by 2022.Five years more and each year,if bitcoin price just doubles,then even $25,000 price could be achieved,
What would make it a little bit difficult is that frequent hard forks which would be occur in future.But One thing is for sure that bitcoin is going to change fortunes of many people through out the world.
Yes, this prediction is somehow true but we can't really predict the future for this outcome. How can it be possible that bitcoin, that no one can control can achieve that huge limit? If we think hard, it can't be possible to happen but the reality is there. So yes, I will believe on bitcoin that the prediction is coming true
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lordquanta
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October 31, 2017, 07:39:15 AM |
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Now, as for the future valuation, Tom Lee, Managing Partner of Fundstrat, put a $25,000 price target for Bitcoin by 2022 in a note to clients published earlier this year. However, and this is important, this view is predicated on cryptocurrencies displacing gold in portfolios with Bitcoin serving a “digital store of value.”
Why do cryptos have to displace gold for this to happen? What if some really big investors/institutions (e.g., banks, hedge funds, etc.) get involved and start buying? Tens or hundreds of millions of dollars of direct investment could take us a long way given the limited supply of bitcoins and how much people are hoarding them. It is already happening with the bitcoin. At this stage bitcoin is new blooming market for the hedge fund and banks. As far hedge funds are concerned most famous are: * Winklevoss ( this actually helped bitcoin price from 800 dollars to 1300 dollars last year) * Bitcoin Investment Trust * Global Advisors GABI fund * Polychain etc etc. Leading investor from hedge fund Bill Miller has 30% investment in the bitcoin. And with the result obtained so far this will result in getting more and more amount from the investment portfolio in the bitcoin over the year. Then there are other investor who will board the train on bitcoin investment. There being no restrictions on the bitcoin trade anything could happen that is drastic rise and drastic drop is bound to happen.
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CuriousGeorge
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October 31, 2017, 08:06:17 AM |
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This sounds very good but this date is light years from now and till then we will witness many speculations and manipulations of price. Fud will be better organized, hatters will find new arguments. I'm only not sure if this is going to be a spike or steady nice growth. Now prices changes 300$ daily, when reaches 10k we could see 1000$ daily changing of a price. This will open whole new possibilities for large investors. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) You have made a very good point here. According to me, we are going to see more spikes at least until all the bitcoin are mined out or bought by investors. In the coming years, the demand will be really high and at that time the overall supply would be even less than the present one which will definitely be the reason behind the rate that you told here. Bitcoin will touch this target of 25k dollars within next five years for sure. That actually depends, if the demands increase, bitcoin must overcome scaling issues aswell, the transaction might even double or triple to what bitcoin has now currently. With this sluggish speed of confirmation, I actually don't expect that much. Just hoping that in the upcoming years, atleast, something usefull will be added to bitcoin system, and blockchain have found the solution to its scaling problem.
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