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Author Topic: Brian Kelly Predicts Bitcoin Price Will Increase $25,000 by the Year End  (Read 239 times)
Aikidoka
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May 05, 2018, 01:58:53 PM
 #41

Everyone is predicting that. Based on what? Based on only mere predictions. There is not any fact to it and no one knows for sure when bitcoin will reach that price. Perhaps it is a way to encourage people to buy bitcoin and hold as they will gain big profits in the future. I mean, I do believe it will reach that price, but not now. Added to that, just because a CEO said that, does not mean it is as accurate as ever. You should not believe what people say.


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May 08, 2018, 07:45:38 AM
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 #42

owner of a company that was founded last year to make money from people's money is now making a "bitcoin goes to the moon" prediction! is it just me or does that remind you of everyone else in the crypto world who wanted to gain some popularity?
example: John McAfee!
All the investors want rise in the price to make more money from their investment, therefore they will be happy to hear this. $25k is in the range in this year but it needs continuous growth in the price. If there is fall and rise in the price then it is difficult for the bitcoin price ot reach to $25k till the end of this year. we can hope but it is not sure.

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May 08, 2018, 05:11:45 PM
 #43

Everyone is predicting that. Based on what? Based on only mere predictions. There is not any fact to it and no one knows for sure when bitcoin will reach that price. Perhaps it is a way to encourage people to buy bitcoin and hold as they will gain big profits in the future. I mean, I do believe it will reach that price, but not now. Added to that, just because a CEO said that, does not mean it is as accurate as ever. You should not believe what people say.
What is the point of predicting things when none of them can see the future anyway and that is how appalling it is becoming as this market is being rendered more as a highly speculative market than what it was actually meant to be and really, that sucks. We really do not care how much it increases by the year end as the only thing here is to always just stick with the trend as all these dudes only know how to either proclaim unnecessary doomsday theory or baseless bull specification.
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May 08, 2018, 05:53:33 PM
 #44

I think their is a possibility for this occurrence.We know the price of bitcoin had reached 19k$+ in last year itself.Their is no hard to reach this price again in this year.But he had stated,bitcoin price volatile is bad one.If it not so,how we can buy a bitcoin at low price and sell at high price.
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May 08, 2018, 06:11:29 PM
 #45

Quote
It`s the same old stuff, about the bitcoin price going ATH every December and this is a repetitive trend.

Seems very basic reasoning, a guess even.   I could guess we see a new ATH but only a five year basis so 2022 December.   I'm still being bullish but really some would sell if they read and believed this prediction were accurate, mostly people are quite commonly wanting to believe in the most satisifying outcome for them personally and usually in the nearterm.

The most positive thing for Bitcoin overall might well be that it takes the full five years to over come the last ATH.   The reason I say that is that steady growth is more likely to involve more people and accumulate volume at various price points.  
In trading terms at least we could momentarily reach 25k or higher but only on the lighest volume as it 'spikes' on a sudden surprise to the market in some way.   Supply could greatly lag demand for some reason, call it a flash spike if you like.  Its possible but I wouldn't rate this especially positive for the protocol or worlds use of BTC generally.

 I would rather see us take five years to be honest, I know its more boring but its also more likely to succeed and be something we can build on individually in various industries not just crypto solely, ie. more integrated.

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May 09, 2018, 07:23:46 AM
 #46

owner of a company that was founded last year to make money from people's money is now making a "bitcoin goes to the moon" prediction! is it just me or does that remind you of everyone else in the crypto world who wanted to gain some popularity?
example: John McAfee!
All the investors want rise in the price to make more money from their investment, therefore they will be happy to hear this. $25k is in the range in this year but it needs continuous growth in the price. If there is fall and rise in the price then it is difficult for the bitcoin price ot reach to $25k till the end of this year. we can hope but it is not sure.
Well, that is always their target after buying the dips. When the market is at the peak, they sell off, start giving some FUD stories to cause panic sell in the market so as to buy back lower and then they buy back lower and start all their bullshit speculation to keep the cycle going and what is so painful is that some always keep falling for it, by selling low and buying high. One ridiculous thing to always do.

Coming back to the prediction level of $25k, I believe we do not need this year end for that to happen. Bitcoin already started showing positive things which will be more than enough for it to keep surprising us like what we had experienced in last year. My this year end prediction would be around $70k.

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May 09, 2018, 10:03:59 AM
 #47

You can see everyone predicting the price they deemed suitable, but on what basis they are making these predictions and that is what i cannot understand, if you are skeptic you can say that he is hyping it because he holds bitcoin, his theory is that since the trading volume started increasing we might see another bull run.

Another bull run that could propell us to 25k? I don't think that's going to happen anytime soon though. A lot of experts have their own predictions about btc's end price this year and thinking about it really can confuse you on how they.come up with those figures.

i agree with this but what i say is that we won't see such a big bull run as long as nothing changes. the problem is that we can't predict what is going to happen in the future and because of that we can't predict the price!
for example if there is no big good or bad news price will continue on this slow rise upwards and can reach somewhere around $15k by the end of the year.
but things change a lot. like last year when we suddenly saw mass adoption in Japan start. if this year something like that happens we can see price shoot up to $25k-50k easily.
All the predictions as I noticed were false and the price was quite different than the predictions that’s why I don’t believe in predictions. At the end of the year 2017 the price was about $20k and all people in this forum predicted that the price will be more than $50 or $70k in 2018, but we saw a big loss in the price of about $14000 in the next few months. From $6k it is now rising and reached to $9600 till date.

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May 09, 2018, 01:24:20 PM
 #48

The CEO and Founder of digital assets investment fund BKCM LLC, Brian Kelly predict that Bitcoin could attain $25000, a new high by this year.

Read detail info here: https://coinpedia.org/news/brian-predicts-bitcoin-price/
Well i believe that too,since bitcoin is continuously growing every year..
I remember last year on this same season many doubt that bitcoin can break $1,000 but they fail.
Because sooner that time this coin reach more than $1,000 and at the end of the year makes the greatest break of all time,when this huge coin hit almost $20,000

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May 09, 2018, 01:39:54 PM
 #49

You can see everyone predicting the price they deemed suitable, but on what basis they are making these predictions and that is what i cannot understand, if you are skeptic you can say that he is hyping it because he holds bitcoin, his theory is that since the trading volume started increasing we might see another bull run.

Another bull run that could propell us to 25k? I don't think that's going to happen anytime soon though. A lot of experts have their own predictions about btc's end price this year and thinking about it really can confuse you on how they.come up with those figures.

i agree with this but what i say is that we won't see such a big bull run as long as nothing changes. the problem is that we can't predict what is going to happen in the future and because of that we can't predict the price!
for example if there is no big good or bad news price will continue on this slow rise upwards and can reach somewhere around $15k by the end of the year.
but things change a lot. like last year when we suddenly saw mass adoption in Japan start. if this year something like that happens we can see price shoot up to $25k-50k easily.
All the predictions as I noticed were false and the price was quite different than the predictions that’s why I don’t believe in predictions. At the end of the year 2017 the price was about $20k and all people in this forum predicted that the price will be more than $50 or $70k in 2018, but we saw a big loss in the price of about $14000 in the next few months. From $6k it is now rising and reached to $9600 till date.

Just don't be surprised because those who have been very bullish usually has a lot of vested interest on the ecosystem. They wanted to influence the masses to get and purchased bitcoin so that the price could go up making their position very advantageous to them. Similar to what John McAfee, he stated that bitcoin will get to 1 million. Such confidence to say, but we all know that his prediction doesn't have any TA to back it up, maybe he just blurted it out to influence most of his followers to put their money on the ecosystem so that his position can improved in the future.


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