Bitcoin Forum
April 30, 2024, 07:20:22 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2017-11-29] Novogratz Sets Next Target Price for Bitcoin at $40,000  (Read 1006 times)
Jgilpulg (OP)
Member
**
Offline Offline

Activity: 137
Merit: 10


View Profile
November 29, 2017, 11:36:53 AM
 #1

Bitcoin enthusiasts and financial experts take former Fortress Investment Group chief Michael Novogratz’s predictions seriously. He has been proven correct time and time again.

Continue reading here:
https://bitcoinist.com/novogratz-sets-next-target-price-for-bitcoin-at-40000/
In order to achieve higher forum ranks, you need both activity points and merit points.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714504822
Hero Member
*
Offline Offline

Posts: 1714504822

View Profile Personal Message (Offline)

Ignore
1714504822
Reply with quote  #2

1714504822
Report to moderator
J. Cooper
Full Member
***
Offline Offline

Activity: 294
Merit: 125


Alea iacta est


View Profile
November 29, 2017, 12:05:52 PM
 #2

I remember agreeing with him for the most part on his last prediction. But when he predicted $10,000 by the end of the year (8 days ago), we all kind of saw it coming. No expertise involved. Now $40,000 is interesting, I can't really decide if this will happen next year or not because I need some sort of confirmation by the market.
matuson
Sr. Member
****
Offline Offline

Activity: 420
Merit: 255


View Profile
November 29, 2017, 02:19:59 PM
 #3

A month ago, I didn't expect to see this year $ 11,000. Now my wallet shows 11310 dollars. Now I'm no longer surprised at anything. It can be. Bitcoin price is unpredictable. One thing is for sure. Next year it will continue its growth. Bitcoin is becoming a magnet for inflation dollars.
darkangel11
Legendary
*
Offline Offline

Activity: 2338
Merit: 1345


Defend Bitcoin and its PoW: bitcoincleanup.com


View Profile
November 29, 2017, 03:45:29 PM
 #4

I remember agreeing with him for the most part on his last prediction. But when he predicted $10,000 by the end of the year (8 days ago), we all kind of saw it coming. No expertise involved. Now $40,000 is interesting, I can't really decide if this will happen next year or not because I need some sort of confirmation by the market.
actually his predictions weren't that obvious. Many people followed the elliott wave theory and predicted that we should have a large correction before reaching $10000, but BTC just didn't want to correct and kept going up. I think the last move was a switch between altcoins and BTC by whales who wanted to to ride the wave and then switch back to altcoins. This is happening right now, just look at the charts they started dumping like 10 min ago.

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
████▄▄█████▄▄
░▄████
███████████▄
▐███
███████████████▄
███
████████████████
███
████████████████▌
███
██████████████████
████████████████▀▀▀
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
.
▬▬
VS
▬▬
████▄▄▄█████▄▄▄
░▄████████████████▄
▐██████████████████▄
████████████████████
████████████████████▌
█████████████████████
███████████████████
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
/// PLAY FOR  FREE  ///
WIN FOR REAL
..PLAY NOW..
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!