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Author Topic: Bitcoin will reach $ 29,000  (Read 301 times)
simple999 (OP)
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March 08, 2018, 06:21:47 PM
 #1

The forecast for the end of the year that Bitcoin will reach $ 29,000, and Ethereum's capitalization will triple. The Finder site conducted a study based on the growth of 12 digital currencies and the comparison of 9 participants in the industry's blockbuster. According to their forecast, the growth of ETH will be 212%, BTC - 194%, and the third place Bitcoin Cash with 123%.
Kevin Lou, co-founder and strategy director for the Hong Kong company CryptAM, said that Ethereum has very good growth prospects, but at the moment the network needs to solve the problem of scaling. CryptoKitties, a game with digital kittens that allows you to acquire and breed crypto pets - something that hinders the development of the ETH network. In the near future this issue will be resolved.
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March 08, 2018, 10:19:05 PM
 #2

The forecast for the end of the year that Bitcoin will reach $ 29,000, and Ethereum's capitalization will triple. The Finder site conducted a study based on the growth of 12 digital currencies and the comparison of 9 participants in the industry's blockbuster. According to their forecast, the growth of ETH will be 212%, BTC - 194%, and the third place Bitcoin Cash with 123%.
Kevin Lou, co-founder and strategy director for the Hong Kong company CryptAM, said that Ethereum has very good growth prospects, but at the moment the network needs to solve the problem of scaling. CryptoKitties, a game with digital kittens that allows you to acquire and breed crypto pets - something that hinders the development of the ETH network. In the near future this issue will be resolved.

Can you give the link where you read or heard the speculation theory of yours?
If I could only review that myself I could adjust my trading strategy.

P.S Your post O.P don't have a specific date so I infer this as only hypothetical claims.  
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March 08, 2018, 10:54:40 PM
 #3

The link will be useful.
And why they have forecast for such a low price? Just 29000$ at the end of 2018. I think that's on purpose to fool the people and earn money with this forecast, which I think is not something that will have a huge impact on investors decisions.
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March 08, 2018, 11:01:26 PM
 #4

The forecast for the end of the year that Bitcoin will reach $ 29,000, and Ethereum's capitalization will triple. The Finder site conducted a study based on the growth of 12 digital currencies and the comparison of 9 participants in the industry's blockbuster. According to their forecast, the growth of ETH will be 212%, BTC - 194%, and the third place Bitcoin Cash with 123%.
Kevin Lou, co-founder and strategy director for the Hong Kong company CryptAM, said that Ethereum has very good growth prospects, but at the moment the network needs to solve the problem of scaling. CryptoKitties, a game with digital kittens that allows you to acquire and breed crypto pets - something that hinders the development of the ETH network. In the near future this issue will be resolved.

Can you give the link where you read or heard the speculation theory of yours?
If I could only review that myself I could adjust my trading strategy.

P.S Your post O.P don't have a specific date so I infer this as only hypothetical claims.  

this is very important info for traders. if you can provide a link for us to read, this can be one important info we can review and we learn to step perragang, but because this info comes from a newbie, we can not directly trust this speculation but I myself hope this will be real


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March 08, 2018, 11:18:48 PM
 #5

I don't believe in ethereum that can be triple its value in the end of this year. I think it is more likely possible to happen in bitcoin, but not in ethereum.

Bitcoin cash is gaining value if the price of bitcoin is growing.

Well if you can provide a proof where you read this maybe, I could believe you about ethereum.

There are many potential altcoin these days that can be possible to take ethereum position.

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March 08, 2018, 11:37:12 PM
 #6

The forecast for the end of the year that Bitcoin will reach $ 29,000, and Ethereum's capitalization will triple. The Finder site conducted a study based on the growth of 12 digital currencies and the comparison of 9 participants in the industry's blockbuster. According to their forecast, the growth of ETH will be 212%, BTC - 194%, and the third place Bitcoin Cash with 123%.
Kevin Lou, co-founder and strategy director for the Hong Kong company CryptAM, said that Ethereum has very good growth prospects, but at the moment the network needs to solve the problem of scaling. CryptoKitties, a game with digital kittens that allows you to acquire and breed crypto pets - something that hinders the development of the ETH network. In the near future this issue will be resolved.

Thanks bro. At least their a breath of change here. Lol. Lately there's a lot of thread saying that bitcoin is dying a lot of doomsayers. However, I just wanted to point up that you need to share us the link so that we can analyze the predictions.

Also, it looks like Kevin Lou is bullish on crypto because obviously he need to. He is a co-founder of a company which is deals with crypto portfolio. Of course he will preach and say good things about the price movement so that he can attract potential customers.

R


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March 09, 2018, 12:01:17 AM
 #7

The forecast for the end of the year that Bitcoin will reach $ 29,000, and Ethereum's capitalization will triple. The Finder site conducted a study based on the growth of 12 digital currencies and the comparison of 9 participants in the industry's blockbuster. According to their forecast, the growth of ETH will be 212%, BTC - 194%, and the third place Bitcoin Cash with 123%.
Kevin Lou, co-founder and strategy director for the Hong Kong company CryptAM, said that Ethereum has very good growth prospects, but at the moment the network needs to solve the problem of scaling. CryptoKitties, a game with digital kittens that allows you to acquire and breed crypto pets - something that hinders the development of the ETH network. In the near future this issue will be resolved.

Link to an article with any type of evidence or research to support such a claim?
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March 09, 2018, 12:17:09 AM
 #8

Link to the quote [but you could have find it yourself by googling the part of the quoted text, duh!]
http://www.livebitcoinnews.com/study-bitcoin-to-hit-29000-by-years-end-ethereums-market-cap-to-triple/
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March 09, 2018, 04:26:01 AM
 #9

Anyone can predict Bitcoin price for this year but what would happen is, Bitcoin would reach double the price predicted by experts. There is possibility that Bitcoin would reach $60k this year end and what the survey provides is very less. I think this survey price of Bitcoin would be reached in June itself and high price to come in November or December.
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March 09, 2018, 05:18:30 AM
 #10

The forecast for the end of the year that Bitcoin will reach $ 29,000, and Ethereum's capitalization will triple. The Finder site conducted a study based on the growth of 12 digital currencies and the comparison of 9 participants in the industry's blockbuster. According to their forecast, the growth of ETH will be 212%, BTC - 194%, and the third place Bitcoin Cash with 123%.
Kevin Lou, co-founder and strategy director for the Hong Kong company CryptAM, said that Ethereum has very good growth prospects, but at the moment the network needs to solve the problem of scaling. CryptoKitties, a game with digital kittens that allows you to acquire and breed crypto pets - something that hinders the development of the ETH network. In the near future this issue will be resolved.
I will be happy if that prediction comes true. Cheesy

But today is another red day for the bitcoin the price is dumping again more and falling below $8800,I hope soon it will recover from this dump and will reach that $30K by end of 2018.









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March 09, 2018, 06:12:26 AM
 #11

I will believe OP only if he assures us that he will eat his own penis on national television if it doesn't happen.  Cool

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March 09, 2018, 06:29:15 AM
 #12

The forecast for the end of the year that Bitcoin will reach $ 29,000, and Ethereum's capitalization will triple. The Finder site conducted a study based on the growth of 12 digital currencies and the comparison of 9 participants in the industry's blockbuster. According to their forecast, the growth of ETH will be 212%, BTC - 194%, and the third place Bitcoin Cash with 123%.
Kevin Lou, co-founder and strategy director for the Hong Kong company CryptAM, said that Ethereum has very good growth prospects, but at the moment the network needs to solve the problem of scaling. CryptoKitties, a game with digital kittens that allows you to acquire and breed crypto pets - something that hinders the development of the ETH network. In the near future this issue will be resolved.
Well look. Forecasts will remain forecasts until proven.

Doesn't mean much because anyone can come out with different predictions on where the price will go by the end of the year, without any proof or analysis. Even if there is analysis, there is no way of guaranteeing that the trend will actually continue or reverse by the end of the year and reach a certain figure.

With this prediction i think that it's very bold.

I don't think that it's likely to come true however. $29k would mean an all time high and I don't see it happening this year. We'll be stuck in around $5k-$15k this year mostly, with little movement upwards or downwards from those two points.

Smiley
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March 09, 2018, 07:36:38 AM
 #13

wait for another 4 years ,it will be only $29000,it will be $100000.it is just a matter of time.

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March 09, 2018, 08:03:46 AM
 #14

wait for another 4 years ,it will be only $29000,it will be $100000.it is just a matter of time.

Most of them won’t wait even a month, they have lesser imaginative recognition for future profit. They wanted to be a millionaire within a week and starting panicking and selling with a decrease of 1%. Funny right, but  totally annoying. If they don’t have the courage to risk then they should not invest in crypto and instead in the stock market.
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March 09, 2018, 02:04:34 PM
 #15

wait for another 4 years ,it will be only $29000,it will be $100000.it is just a matter of time.

Most of them won’t wait even a month, they have lesser imaginative recognition for future profit. They wanted to be a millionaire within a week and starting panicking and selling with a decrease of 1%. Funny right, but  totally annoying. If they don’t have the courage to risk then they should not invest in crypto and instead in the stock market.

Exactly. Probably same people who suddenly becomes noisy with doomsday predictions once btc starts to dip. I've been dealing with btc for more than three years and have observed the market so what's happening now has already happened a lot of times before and btc has provem wrong all these negative predictions

 
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Baoo
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March 09, 2018, 03:24:31 PM
 #16

Actually, I'm pretty sure that bitcoin will reach more than 29k in this year, despite that there is a big crisis in the market and the current price of bitcoin is just 9k. As well, I believe that bitcoin will become stronger than before, just few weeks or months and the price of bitcoin will rise in a fast way because it is certain that this big drop is temporary.
As a matter of fact, for me, I think that there will be many changes in the middle of this year. so may be the value of bitcoin will reach more than 25K and at the end of this year, it will become close to 40K.
mundang
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March 09, 2018, 03:40:28 PM
 #17

I believe on what youve said and i have faith in bitcoin that it will recover by next month going toward the new ath. Just hold your coins and wait for long ride of bull run.
YuginKadoya
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March 09, 2018, 04:07:55 PM
 #18

We can really see a dip on the value of bitcoin but we are still on the month or march the possibility that we can see the $29,000 is very high indeed, And this dip might be from the panic sellers or the whales manipulation so they can bought for a cheaper price, But as I said we are only at the first week of march so the possibility of getting the $29,000 this year is very high.
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March 09, 2018, 04:15:04 PM
Last edit: March 09, 2018, 04:30:15 PM by djsugar
 #19

$30k is the realistic price prediction for bitcoin this year. Even charts are pointing in that direction. Added to that the money inflow in cryptocurrencies can only support a trillion marketcap. Since, the bigger institution have already jumped in the market, I expect more manipulation ahead and hence the growth will not be insane as was in 2017 that is almost 20x. A decent growth of 2x-3x is expected this year.
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March 09, 2018, 04:29:52 PM
 #20

The forecast for the end of the year that Bitcoin will reach $ 29,000, and Ethereum's capitalization will triple. The Finder site conducted a study based on the growth of 12 digital currencies and the comparison of 9 participants in the industry's blockbuster. According to their forecast, the growth of ETH will be 212%, BTC - 194%, and the third place Bitcoin Cash with 123%.
Kevin Lou, co-founder and strategy director for the Hong Kong company CryptAM, said that Ethereum has very good growth prospects, but at the moment the network needs to solve the problem of scaling. CryptoKitties, a game with digital kittens that allows you to acquire and breed crypto pets - something that hinders the development of the ETH network. In the near future this issue will be resolved.
sometimes experts in each of these virtual currencies are always predicting price increases with the coins they enjoy, but to date have not been proven, and any coin that will be the highest ranking in the market is set by the investors. (how many users of the coin). This will rank the highest in the market itself.
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