Bitcoin to hit $50,000 this year??

[ikramhaider]

I am not sure about that but this year it will improve slowly.  

[cakmabokgot]

I found this great article today.
It doesn't of course say if btc will hit 50k this year but you can have some ideas about what's gonna happen.
https://steemit.com/bitcoin/@supercrypto1/4th-dimension-bitcoin-manipulation-cartel-price-suppression-is-the-goal

[pankowri]

As if cryptomarket is a unstable market.so nothing  can say fixed about that.But considering the present situation,it can be seen that the price index may not be considered to be 50000 even after the end of the year.

[soul-impact]

This is a great thing. If the bitcoin reaches $ 50,000 then there will be more bitcoin billionaire. Many large corporate home companies will invest in bitcoin. The bitcoin market will thrive and expand around the world. Governments of large nations will pay special attention to bitcoin. bitcoin will strongly affect the world economy. I hope this will happen soon.

[ubay]

Fluctuations in bitcoin may reach $ 50,000 by the end of the year, but we should not focus too much on the value. We better focus on bitcoin development and continue to spread info about cryptocurrency to friends around us, so that bitcoin and other coins continue to live.

[laserfocused]

A trader or a group of traders bet $ 1 million on the fact that the bitcoin rate will reach $ 50,000 by the end of 2018.

The Wall Street Journal drew attention to an interesting application posted on the first US stock exchange, which included bitcoin derivatives in its listing, LedgerX. An unknown trader paid $ 990,000 for the right to buy up to 275 BTC at $ 50,000 in 2018.

The rate was made through a contract allowing a buyer to purchase an asset at a certain price up to a given date, regardless of the current price. In this case, the buyer gave $ 3,600 for bitcoin, that is, about 5 times less than the value of the crypto currency in the market to fix the price of $ 50,000 until December 28, 2018. If before this date the trader wants to cover the entire volume of the deal, he will have to pay another $ 13,750,000. Thus, the total amount of his investment will be almost $ 15 million.

The name of the trader is not called, but CEO LedgerX Paul Chow hinted that it could be about a certain investment fund, which, like other institutional investors, until recently had no opportunity to work with bitcoin on regulated sites.

"I have no doubt that there are entire structures that are interested in or are already involved in such transactions," Chow said. "This is not a private investor, let's say so."

For the buyer to be able to cover his expenses, the bitcoin rate should reach $ 53,600, without taking into account charges, that is, to grow by more than 300% relative to today's levels. In other words, in 2018 the bitcoin rate could triple, and the trader will still lose money.

Very interesting.  Could be something, then again people make wild bets all the time.

[laserfocused]

I think it will reach critical mass soon and start to snowball forward at rate we still have not seen before, once the big players start panic buying 20k will look laughable to own an entire btc

alts are diluting to shit i think many alt fans will soon jump ship back to btc ...alts are becoming far too risky and the chances of picking a real winner are reducing daily.

most huge MC alts are icos and those caps are bullshit there is no investment or infastructure behind them to compare to btc.

there are a handful of alts with long term dev teams plugging away that are specialised enough in their use case for them to hold off btc encroaching on them for a while

'soon' is very ambiguous, but at less than 1% its not going to happen soon.

[laserfocused]

i don't think it will reach that much value this year i am only predicting it on 10k to 15k maximum cause many media news is destroying the reputation of bitcoin and the government wants to control the value.

The media is just a sounding board for the power brokers who can use the media to drive the prices up or down.

[Wendigo]

Oh man don't listen to the Wall Street jokers they don't know anything about crypto price prediction. They are shooting in the dark with their 'expert' projections 

[grishin]

I will say that there is less than 10%  probability of this happening now. This is because bitcoins has performed very bad this year and we are seeing it just revolving around $7000 mark.

[laserfocused]

Solid bitcoiners what do you think about this. What would be the possibility that this will happen. https://smartereum.com/2404/bitcoin-price-prediction-2018-can-cryptocurrency-hit-50000-sat-apr-7/

Personally I'm done investing in bitcoin. I only use it as an index like the Dow Jones or the S&P 500 as an indicator of the overall market.  My focus is on existing and upcoming altcoins that will take over as the new dominant player by massively improving on the technology that bitcoin is lacking.

[Rascar Capac]

50K this year seems impossible. The market changes a lot and the btc may never reach that price, it may be replaced by another crypto that will become the market leader... Many say that eth is not advanced, that they are only promises, but I think that today, it is one of the big coins with the greatest potential !

[Nowherman]

So many different opinions. I remember similar forecasts for 2017, when no one could guess that Bitcoin's price could reach $ 20,000.
Everyone was mostly inclined that the price of BTC by the end of 2017 would be about $ 2,000. I think in 2018, bitcoin can reach a price of 25,000-30000 dollars, since state regulators will not allow it to grow higher.

[pixie85]

Ahhh buddy, I wish it was this way. I think we will get back to $15K  by end of the year, but this is just pure speculation. We need more mass adoption, faster and safer. Otherwise not even $10K.

When Bitcoin was trading for 5000 USD in 2017 people were saying that the next step is 20 000 and every response was:
-first we need to reach 10 000. Do you believe that people won't sell at 10k after doubling their gains? You're stupid!
And we of course went almost straight to 20.

50 is possible.

[aji567]

I hope the bitcoin price to $ 50,000 is steadily increasing and stable. The interesting information for bitcoin prices is greatly increased and is becoming positive news for bitcoin.

[kingzues09]

If that's gonna happen then we should buy now. Eventually it will go up after this dip. Remember to hodl any coins you have. Don't sell anything yet wait the market to recover.

[spartanrules]

In my opinion Bitcoin doesn't reach 50K$ this year. I think that recovery will start in the second half of the year. But the price will reach only 16K by the end of this year.

[Irvinn]

If at the beginning of the year there was a more or less reasonable forecast that bitcoin could reach the rate of 35,000 - 40,000 dollars by the end of the year, now everyone is cautious and it's only about the possibility of recovery in the previous price record, that is, in the price of 20,000 dollars . The fact is that bitcoin was adjusted for too long and fell deeply. In order for him to return to normal, recovered, it is already much more time. Some pessimistic users say that such a recovery will take even one or two years. Therefore, it is unlikely that bitcoin will begin its growth so quickly. Although I hope, of course, it is necessary.

[oni4an]

I think that this year Will be higher than at the end of 2017. Crypto market is not so predictable, that no one can predict the exact figures. I believe in has for 500 thousand.

[Oceat]

It's hard to believe such so-called experts nowadays since the market is very unstable and it do fluctuate randomly but only hard fork could only trigger that rocket fuel of any crypto to the moon. But since we are now in a bear season that speculative price for now is just an imagination that might happen in the future but in reality we do find it impossible due to the movement of the market.