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Author Topic: Bitcoin will rise to $250,000 by 2022???  (Read 503 times)
Snaic
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April 13, 2018, 04:52:24 PM
 #21

Hello, everyone!
Tim Draper says that bitcoin would reach $250,000 by 2022. “Believe it. It’s going to happen, they going to think you’re crazy. It’s gonna be awesome,” Draper told the enthusiastic onlookers.
What do you think about it guys? Is this a possible future for the BTC or another provocation?

https://www.marketwatch.com/story/bitcoin-will-rise-to-250000-by-2022-says-tim-draper-2018-04-13?dist=markets
Course in 200 000 dollars for bitcoin in three years? I do not think that this is real, given the current circumstances. After bitcoin grew to $ 20,000, such a large campaign was organized to discredit it and what it ended, we see. Therefore, I think, as soon as bitcoin starts to rise to high limits in price, it will not be allowed to do it further. Again a lot of negative information will appear and bitcoin will fall again. In addition, one should not forget about such people as Mt. Gox, who will throw out their bitcoins for sale.

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786SehrishAkhtar
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April 13, 2018, 04:54:38 PM
 #22

hope fully it will raise to $250,000 by 2022
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April 13, 2018, 04:59:22 PM
 #23

Hello, everyone!
Tim Draper says that bitcoin would reach $250,000 by 2022. “Believe it. It’s going to happen, they going to think you’re crazy. It’s gonna be awesome,” Draper told the enthusiastic onlookers.
What do you think about it guys? Is this a possible future for the BTC or another provocation?

https://www.marketwatch.com/story/bitcoin-will-rise-to-250000-by-2022-says-tim-draper-2018-04-13?dist=markets

It sounds like people looking for attention. he must only look up the 2017 price chart and ignore the charts of years before. although bitcoin has volatility, it doesn't mean bitcoin has no chance to be stable. $250k is too much for a price of a currency that is still having some issues in economic of the world. bitcoin is the only crypto currency that can lead to high demand. the demand will move to other crypto currencies when bitcoin price is too high. so then it is almost impossible for bitcoin to reach that price.
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April 13, 2018, 05:03:49 PM
 #24

Why not? It can happen and Bitcoin has proven this time and time again no matter how many haters discredited it. I learnt thay many haters called Bitcoin a fad during the early days and did not bother with it since they expected it to disappear quickly, but they were obviously wrong. Bitcoin has risen from $1000 to $8000 in a space of 1 year which proves that it can jump even higher over time. 8000 to 250k in a couple of years does not sound too crazy now if it jumps at x10 every year. Tim might be right.

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April 13, 2018, 05:07:50 PM
 #25

That would be great, but it's just wishful thinking. Now bitcoin is going up again and we hope for a bullish trend, we could just hope it will last. 2022 is too far ahead to conclude that the price would be that high. If we look at this year, we should be glad if we see bitcoin reaching 20K at the end of the year.

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April 13, 2018, 05:17:00 PM
Last edit: April 13, 2018, 06:06:19 PM by Epimetheus
 #26

Hello, everyone!
Tim Draper says that bitcoin would reach $250,000 by 2022. “Believe it. It’s going to happen, they going to think you’re crazy. It’s gonna be awesome,” Draper told the enthusiastic onlookers.
What do you think about it guys? Is this a possible future for the BTC or another provocation?

https://www.marketwatch.com/story/bitcoin-will-rise-to-250000-by-2022-says-tim-draper-2018-04-13?dist=markets

It sounds like people looking for attention. he must only look up the 2017 price chart and ignore the charts of years before. although bitcoin has volatility, it doesn't mean bitcoin has no chance to be stable. $250k is too much for a price of a currency that is still having some issues in economic of the world. bitcoin is the only crypto currency that can lead to high demand. the demand will move to other crypto currencies when bitcoin price is too high. so then it is almost impossible for bitcoin to reach that price.
No it is not possible for Bitcoin to reach $250,000 by 2022. Bitcoin's price is very low nowadays and it is unable to recover at that rate which it used to did earlier.Its price can go up a lot but cannot reach at that level.Bitcoin's price depends on various factors.How much investment is done on it.The forces of demand and supply also play a role in determining its price.A very small percentage of people use bitcoin only.Many people have not heard about it.
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April 13, 2018, 05:20:16 PM
 #27

2014 ( a year that I discover bitcoin for first time ) = $ 299/btc
2018 = $ 8000++/btc

Do people expect bitcoin able reach current value ?
Of course not, include me.

$ 250.000 on 2022 ?
Although everything can happen but the chance quite low because not all country agree with bitcoin , for example my country forbid bitcoin because of security reason !

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April 13, 2018, 05:20:53 PM
 #28

hope fully it will raise to $250,000 by 2022

Without any base why will btc rise and also at current situation a 3 moths target is good enough to understand how will market move. This year has not being a good start as few countries have banned it and thus we can see the impact on btc price.

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April 13, 2018, 05:29:11 PM
 #29

Hello, everyone!
Tim Draper says that bitcoin would reach $250,000 by 2022. “Believe it. It’s going to happen, they going to think you’re crazy. It’s gonna be awesome,” Draper told the enthusiastic onlookers.
What do you think about it guys? Is this a possible future for the BTC or another provocation?

https://www.marketwatch.com/story/bitcoin-will-rise-to-250000-by-2022-says-tim-draper-2018-04-13?dist=markets

I think you prediction is by the way too high. Although Bitcoin will rise but saying it will rise to $250,000 by 2022 is an exaggeration. I can agree with $50,000
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April 13, 2018, 05:31:07 PM
 #30

Most of people live not rich, so part of them, who have a little free money, will invest in BTC. Why? To have hope in the future. To have in the future much money to give good education to their children and other riesons. May be they have now job, but the job dosnt give them good money to have good future.
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April 13, 2018, 05:33:16 PM
 #31

There are lot of airdrops out there that are giving free tokens if you wish to have it and just convert it to bitcoin, but so far when you want to have direct free bitcoin, well, just rely on faucets  but I suggest not to since they are just a waste of time.
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April 13, 2018, 05:42:07 PM
 #32

I see similar issues on the forum a thousand times already, and each time I have a loss. Why do you think bitcoin should be worth more than it is now?
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April 13, 2018, 05:51:33 PM
 #33

I think this is illusion. It will not happen. Many countries are restraining bitcoin development. bitcoin prices are falling freely. Many people are selling off their bitcoins to avoid losing money. Therefore, bitcoin will not reach $ 250000 in 2022.





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April 13, 2018, 05:53:19 PM
 #34

It might be at the pace the coin gets even more popular, at the same time I believe alt coins releases are going to be zero, as they fail to compete with the established market.
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April 13, 2018, 06:42:53 PM
 #35

Hello, everyone!
Tim Draper says that bitcoin would reach $250,000 by 2022. “Believe it. It’s going to happen, they going to think you’re crazy. It’s gonna be awesome,” -
What do you think about it guys? Is this a possible future for the BTC or another provocation?
-
-
I think $250,000 by 2022 is really a possible thing for Bitcoin.

If you look at this Logarithmic Regression Chart which is from 2014/2015 you will see that you are probably right with your prediction. Looks like we should hit 250.000 somewhere around 2025. This chart is not updated but you can clearly see that predicted 25.000 in 2018 almost exactly. I don't know the source of this chart I copied a few years ago from the internet but feel free to donate to this address if you appreciate author and his work. This is why I left this address visible.



Just buy and wait another 7 years to be a millionaire!!! Just a little something to think of.  Grin

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April 13, 2018, 06:56:07 PM
 #36

I think this is pure insanity. There are about 16.95 million bitcoin in circulation right now (there will be more by 2022, but lets just take that number). If bitcoin's price hit 250,000, the total value of all bitcoin would be 4,237,500,000 (4.2 trillion). Now consider that Japan, the number 3 economy in the world, has a GDP of about 5 trillion - that GDP represents EVERYTHING that they make (127 million people + some of the largest businesses in the world). So if someone thinks that an asset, tied to NOTHING, will rival in 4 years the 3rd largest economy in the world simply based on... what? FOMO? than I think that person is wrong. I'm not saying that its price won't rise, I'm not saying that bitcoin doesn't have value or purpose, but this kind of thinking is guaranteeing disappointment.
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April 13, 2018, 06:59:16 PM
 #37

Such a colossal rise in the price of bitcoin is possible, but certain prerequisites are needed for this. For example, the crypto-currency sphere should be regulated and stabilized so that large investors join the game. So far, there are no conditions for such a jump. But in time they may appear.
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April 13, 2018, 09:01:01 PM
 #38

Hello, everyone!
Tim Draper says that bitcoin would reach $250,000 by 2022. “Believe it. It’s going to happen, they going to think you’re crazy. It’s gonna be awesome,” -
What do you think about it guys? Is this a possible future for the BTC or another provocation?
-
-
I think $250,000 by 2022 is really a possible thing for Bitcoin.

If you look at this Logarithmic Regression Chart which is from 2014/2015 you will see that you are probably right with your prediction. Looks like we should hit 250.000 somewhere around 2025. This chart is not updated but you can clearly see that predicted 25.000 in 2018 almost exactly. I don't know the source of this chart I copied a few years ago from the internet but feel free to donate to this address if you appreciate author and his work. This is why I left this address visible.



Just buy and wait another 7 years to be a millionaire!!! Just a little something to think of.  Grin


happy if indeed this can be realized ..... but the prediction could not happen, so be careful also not to be confused yourself later, hehehe .... once again big hope this wish will materialize as soon as possible.

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April 13, 2018, 09:53:50 PM
 #39

These conservative estimates for 2022 can seem a little depressing but most realise that 1M per BTC  by 2020 is a more sensible target.

BTC will make or break by then and the rush to grab as many up as possible by the super rich/powerful will be in full swing.

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April 13, 2018, 09:59:11 PM
 #40

4 years might be enough for bitcoin to reach $250,000 but I'll give you a better and closer prediction that was published in forbes and I think it's paid by some manipulators.

https://www-forbes-com.cdn.ampproject.org/c/s/www.forbes.com/sites/naeemaslam/2018/04/10/bitcoin-the-harder-the-fall-the-higher-the-rise-35k-by-q4/amp/

$35,000 by 4th quarter this year? Most of us are bullish so these predictions that are coming who tend to be bullish must be supported. There's nothing to lose for us if we'll hold until the end of this year or if you wish to hold until 2022.
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