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Author Topic: Report: Bitcoin to $25,000 by 2022  (Read 2814 times)
AmXProX
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October 27, 2017, 10:11:13 AM
 #41

Intuitively,  I don't trust this prediction.   Financial analysts often have big fancy mathematical
models that, in the end, turn out to be very wrong.  And it's not that I'm hoping they're wrong.   
I'm hoping this model is right or even underestimates bitcoin's growth.  But I don't put much
stock in TA, never have, and it's been wrong too many times to rely on...just like predicting the
weather.

2022 isn't that far away.  Maybe OP will be kind enough to bump this in 5 years.



Because financial analyst based their predictions on the performance of the market and the company that they are predicting. Bitcoin don't have any of those what it has is just the demand from the people who wants to own at least a piece of this coins. And yes 2015 is just 5 years from today but that is long enough for a $19,000 bump on bitcoin's price. it just made almost $5000 bump on it's price since January 2017 that was just 9 months ago.

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October 27, 2017, 12:07:51 PM
 #42


Amazing report and if that’s true then we should start feeling up the wallets with bitcoin. It won’t matter if I buy the bitcoin today at the rate of 6K or even at 10k if the price rises to that much this year end. I mean 25k just in five years is the quickest way to get rich man! I don’t have much understanding of your graphs and those laws but what I see as regular investor that there is hope for me to get rich quick in short period of time by just holding sufficient bitcoin in my wallet. Wow I mean that’s the power of bitcoin I guess and it’s like knowing our own future and financial status in the year 2022. Hope this settles well.

 
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October 27, 2017, 12:19:46 PM
 #43

Hope so this all prediction in coming years become true and help the investors who had invested their hard earned money with the anticipation that some day it will sky rocket with this price. Due to this we have hard fork happening and those coins which are created are not having much value as people mostly going for investing in btc itself.

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nskendrovic
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October 27, 2017, 12:38:17 PM
 #44

This could be even higher but that is a fair estimate. It depends on how long MSM can go on with spreading misinformation. Luckily the forces of nature are turning in good's favor.
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October 27, 2017, 01:14:46 PM
 #45

Possible but we can never really tell. Even just for this year, I did not expect this kind of rise for 2017. Looking at the price charts still amazes me and just over a few months, the price increase has been outstanding. It’s hard to predict the price and we can only speculate but hopefully what OP has said will come true. If the trend of bitcoin continues to go on like this, then it is likely for that to happen and for the price to be that high come 2022

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October 27, 2017, 03:12:31 PM
 #46

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 Tom Lee's premise, so I can only hazard a guess on why he's predicating the price target on this occurrence. As you propose, hundreds of millions of dollars of direct investment could take us a long way, but in my view (and I'm guessing in Tom Lee's view), big investors and institutions are only putting hundreds of millions of dollars of direct investment into bitcoin to occupy the role that gold previously held in their investment portfolios and to serve as a digital store of value. So while I would agree that it could happen, I would say it only would happen because it had become a digital store of value for institutional investors, and I am skeptical about that because all it is right now is a speculative commodity.

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October 27, 2017, 03:54:49 PM
 #47

Possible but we can never really tell. Even just for this year, I did not expect this kind of rise for 2017. Looking at the price charts still amazes me and just over a few months, the price increase has been outstanding. It’s hard to predict the price and we can only speculate but hopefully what OP has said will come true. If the trend of bitcoin continues to go on like this, then it is likely for that to happen and for the price to be that high come 2022
Right.Same with my views.Reaching $25000 by 2022 may be possible for bitcoin if it will continue to create a rapid price increase.Let's just put it this way.Increasing $5000 per year couldn't be much harder for bitcoin just like what's happening if you trace the price chart way back few years ago.So with this,bitcoin price is more likely to hit $25000-$30000 by the year 2022 if granted.
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October 27, 2017, 05:47:23 PM
 #48

I do understand people projection is taking into consideration bitcoin halving wich can make bitcoin price to hit the 10000 if not bigger values, a lot people are joining and investing into bitcoin, milions dollars coming into bitcoin, but for this price be achieved i believe we will need atleast 2-4 big countries to legalize bitcoin, soo this cenario would became a reality even sooner.
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October 27, 2017, 06:21:39 PM
 #49

The five times raise in five years I think it is really possible if bitcoin will continue with same temps. The demand for crypto is growing, especially to bitcoin. It's short amount and high demand will let it to go very high.
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October 27, 2017, 10:43:02 PM
 #50


Metcalfe’s Law : if this law is true then I’m donating this guy 100 BTC,  Smiley


I mean you put forth everything based on the maths perspective and there seems bigger chances of bitcoin going to that much heights. But there is also very little glitch in this journey that no one can predict. What if there are sudden drops in user base due to legal authorities pressure or may be because of no more trust on bitcoin due to legal restriction on its use. We saw what happen after china ban, we saw the downward movement too. So though I believe in your speculation completely but there is always little downside to everything. Now we have to watch what happens with that one.

For sure this is something to consider, but it wouldn't prove Metcalfe's Law wrong. The premise is that even taking into account attrition of the user base, there is such a significantly small portion of people using bitcoin out of the total potential that the user base is likely to continue to see rapid growth that will more than make up for any losses due to government actions.

Take it with a grain of salt though. First, you have to accept that bitcoin is not merely correlated with Metcalfe's Law, but the price rise is caused by it, and then further accept that the user base and the price will continue to grow. As I said earlier, I find the Metcalfe aspect interesting, but even given that, I doubt the ultimate conclusion of a $25,000 bitcoin. (I also thought $5,000 was impossible, so do with that what you will.)

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October 27, 2017, 11:06:39 PM
 #51

The five times raise in five years I think it is really possible if bitcoin will continue with same temps. The demand for crypto is growing, especially to bitcoin. It's short amount and high demand will let it to go very high.
There are many prediction of bitcoin price in the upcoming years. But lets take a note into consideration that this might gonna happen on year 2022. Im positive it will as long there is a continuous demand in bitcoin it might happen.
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October 27, 2017, 11:59:50 PM
 #52

Bitcoin for 25 000$ by 2022 is quiet possible in my opinion. Lately dimon said that Bitcoin will cos even 100 000$ (i think he was not joking).
So the 25 000$ is really possible. We have currently 6 000$ so stay tuned.
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October 28, 2017, 12:24:44 AM
 #53

Hope to reach this price by that time. But I think this is possible but we don't know when will it be.

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October 28, 2017, 12:30:27 AM
 #54

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:

Quote
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.



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.

It is crazy to say that the bitcoin will reach $ 25,000 by 2022. It is impossible. First, we should consider its viability. How long can a bitcoin last? We are in a bitcoin bubble, and when will it explode? It's hard to talk about it.
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October 28, 2017, 12:39:12 AM
 #55

Hope so this all prediction in coming years become true and help the investors who had invested their hard earned money with the anticipation that some day it will sky rocket with this price. Due to this we have hard fork happening and those coins which are created are not having much value as people mostly going for investing in btc itself.

That is right anything can happen, and i think that if we view the increasing number of bitcoin users, i am sure that bitcoin can cross that level very easily, no doubt about it.  i think that very soon bitcoin price is going to hit 8000$ and then after 5 years that is not looking such a big task for the price of bitcoin. As it will depend on the  interest of the people and i think people are currently too much interested in bitcoin and want to invest more and more money in bitcoin.
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October 28, 2017, 12:44:24 AM
 #56

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:

Quote
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.



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.

It is crazy to say that the bitcoin will reach $ 25,000 by 2022. It is impossible. First, we should consider its viability. How long can a bitcoin last? We are in a bitcoin bubble, and when will it explode? It's hard to talk about it.


How can you say it is impossible.
It is very much possible.
Mining reward is going to decrease.
If you consider the growth rate of bitcoin it may go higher than 25000$.
See bitcoin was around 1000$ in 2017 now it touched 6000$.
That means it went 6x.
And the demand is incredibly increasing day by day.
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October 28, 2017, 01:36:49 AM
 #57


How can you say it is impossible.
It is very much possible.
Mining reward is going to decrease.
If you consider the growth rate of bitcoin it may go higher than 25000$.
See bitcoin was around 1000$ in 2017 now it touched 6000$.
That means it went 6x.
And the demand is incredibly increasing day by day.

But i think Bitcoin now is really on bubble scale. We cant say what will happend at future, but as my opinion, bitcoin price increasing more and more then stop when they hit $10.000. Why? Because the BTC real value is not over $10.000( Included in mining fee) and speculators will kick them down Cheesy

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October 28, 2017, 03:45:50 AM
 #58

Sound's good!
Yes many studies and prediction now that bitcoin increase it's value to 25,000 USD within 5 years. Base on the news and the statement of strategist Tom Lee said that he sees bitcoin surging another 600% in 5 years. He also predict that the value of bit will bubble to 25,000 USD in 2022.
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October 28, 2017, 05:20:48 AM
 #59

Even John Mcafee make a bet that it will reach $500k in just 3 years if not he will eat himself on the national TV based on his statements. But this is the most accurate prediction for the price of btc to land in $25k in 2022 due to its demand and trend worldwide, we must buy btc before it's too late again because the price will surely increase to 100%-200% in just a matter of months or years.

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October 28, 2017, 05:25:18 AM
 #60

Even John Mcafee make a bet that it will reach $500k in just 3 years if not he will eat himself on the national TV based on his statements. But this is the most accurate prediction for the price of btc to land in $25k in 2022 due to its demand and trend worldwide, we must buy btc before it's too late again because the price will surely increase to 100%-200% in just a matter of months or years.
That's why they will not let him get up like this, imagine how many people then want to sell it and that there will be a correctly unpredictable collapse. People will not become millionaires, do not fly in illusions.
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