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Author Topic: Brian Kelly Predicts Bitcoin Price Will Increase $25,000 by the Year End  (Read 240 times)
coinpediaJordan
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April 18, 2018, 11:07:54 AM
 #1

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/
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April 19, 2018, 11:43:53 AM
 #2

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/

I can`t see anyhthing new in this article about his prediction.
It`s the same old stuff, about the bitcoin price going ATH every December and this is a repetitive trend.
Again,all the statements that retail businesses don`t accept btc because of it`s volatility.By the way,the btc volatility is actually quite low during the last two months.Brian Kelly`s prediction that BTC might reach 250K USD at 2022 is a joke.There`s no steady increase of the number of daily btc users,nore new online merchants,who adopted btc payments.

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April 19, 2018, 12:30:20 PM
 #3

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/
Yet another CEO trying to guess the price of Bitcoin...nothing new here. The article would've been a lot more interesting if it wasn't for the fact that he's repeating the same price target by giving the same old reasons as everyone else. Btw, why does everyone keep saying "250k by 2022"? Even after Bitcoin goes mainstream worldwide, 250k still sounds far-fetched to me.
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April 19, 2018, 12:42:16 PM
 #4

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/
Yet another CEO trying to guess the price of Bitcoin...nothing new here. The article would've been a lot more interesting if it wasn't for the fact that he's repeating the same price target by giving the same old reasons as everyone else. Btw, why does everyone keep saying "250k by 2022"? Even after Bitcoin goes mainstream worldwide, 250k still sounds far-fetched to me.

Don't be so negative bro. chill out.
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April 19, 2018, 12:55:43 PM
 #5

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/
Yet another CEO trying to guess the price of Bitcoin...nothing new here. The article would've been a lot more interesting if it wasn't for the fact that he's repeating the same price target by giving the same old reasons as everyone else. Btw, why does everyone keep saying "250k by 2022"? Even after Bitcoin goes mainstream worldwide, 250k still sounds far-fetched to me.

Yeah don’t see why his guess is better than anybody’s else’s, but guess it’s newsworthy cause he’s a CEO and Bitcoin is very topical. But there is a lot of institutional money waiting to come into the market around 8K they say, and FOMO will bring in all the crypto investors once the next bull-market in bitcoin starts - and I think that will take it past the previous ATH and prolly to a plateau around 25K. Will that happen mid-year or end of year or after 3 years like in 2013?- no one really knows but an October to December bull-run this year may build up its own expectations and run on that.

And the $250K 2022 price is based on projecting bitcoins exponential growth continuing for the next 6 years, similarl to what it has grown the last 8 years - and that continues parabolic growth is what would take bitcoin to 1 million dollars a bitcoin in 2025! This is a parabolic bitcoin price chart for the last 8 years I posted on a few forums, with my line of best fit for growth in price projected out 7 years - and you can see the 250K in 2022 and 1million in 2025 - https://imgur.com/gallery/9iF3t . But the important thing to remember is that a projection is just that, and it’s not a prediction as no one knows at all what the future holds - but given bitcoin is owned and used by less that 0.5% of the adult world population now and that should increase to 5-10% over the next 5-7 years I think the 250K and 1 million figures are possible.

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April 19, 2018, 01:24:52 PM
 #6

Yet another CEO trying to guess the price of Bitcoin...nothing new here. The article would've been a lot more interesting if it wasn't for the fact that he's repeating the same price target by giving the same old reasons as everyone else. Btw, why does everyone keep saying "250k by 2022"? Even after Bitcoin goes mainstream worldwide, 250k still sounds far-fetched to me.
Just ignore them since people likes to predict Bitcoin price crazily by claiming ridiculous prices. The article would also be better if the author also included his stronger basis(not just statements said by him/her). Like you I think the price speculated is unachievable in 2022, but it might be achieved in the long run if btc becomes mainstream on many countries.

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April 19, 2018, 07:13:22 PM
 #7

No he is not the first high profile financier to come out and make a prediction.
And this thread really belongs in the 'speculation' board because it is just that.
We could see that prediction fulfilled in 6 months but overall it is possible
within the next 12 to see a big gain to around 25k

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April 19, 2018, 08:05:29 PM
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If somebody ask me do I believe in such predictions a month ago, I would say that there is no chances Bitcoin to hit $25,000 this year.

But now, somehow I'm an optimist that this will happen. The market is getting more mature and the world is full of potential conflicts (most economical). This will kick the prices to the sky.
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April 19, 2018, 08:14:59 PM
 #9

Its always good to hear good news (speculations in this case) that includes Bitcoin. But honestly, it kinda started to be annoying. Hearing same old speculations over and over again, I guess that they do this only to rise their own popularity, people from economic sector I mean. Also, this optimistic speculation that predicts some bizarre price in the future, is only announced to attract new people to market for busting price... nothing more.
But I guess that at the end its better to hear the same old good news every day, than bad news.  Grin
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April 19, 2018, 08:29:13 PM
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But honestly, it kinda started to be annoying. Hearing same old speculations over and over again, I guess that they do this only to rise their own popularity, people from economic sector I mean. Also, this optimistic speculation that predicts some bizarre price in the future, is only announced to attract new people to market for busting price... nothing more.
But I guess that at the end its better to hear the same old good news every day, than bad news.  Grin

Every form of positivity is welcome, even when it might not sound all that realistic to people right now. On top of that, the majority of the people are surfing the market, where if the price is going down, they expect worse, and if the price is going up, they turn into an ultra bull instantly. I am not all that focused on targets for the market to reach before this or that period of time. I accept that while the market looks quite positive right now, it could also still be going down. If we do happen to reach anything above the $15,000 level this year, then fine, and if not, then it's fine too. I will try my best to profit from each market situation, more can I not do.
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April 19, 2018, 09:15:17 PM
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But honestly, it kinda started to be annoying. Hearing same old speculations over and over again, I guess that they do this only to rise their own popularity, people from economic sector I mean. Also, this optimistic speculation that predicts some bizarre price in the future, is only announced to attract new people to market for busting price... nothing more.
But I guess that at the end its better to hear the same old good news every day, than bad news.  Grin

Every form of positivity is welcome, even when it might not sound all that realistic to people right now. On top of that, the majority of the people are surfing the market, where if the price is going down, they expect worse, and if the price is going up, they turn into an ultra bull instantly. I am not all that focused on targets for the market to reach before this or that period of time. I accept that while the market looks quite positive right now, it could also still be going down. If we do happen to reach anything above the $15,000 level this year, then fine, and if not, then it's fine too. I will try my best to profit from each market situation, more can I not do.

Its true what you said, and I agree with you. Also its nice too see that there are other people with realistic view of things. Price of $15,000 would be really good achievement for this year, and its more realistic than $25k if you ask me. But even stable price around $10,000 would be good. I guess that last hype was too strong, and currently people are strongly focused on bitcoins price and expect it to return to its max reach from the end of 2017. But they forget that even $8000 price is good enough, just like you said. When I joined "crypto world", bitcoins price was around $400. So even $8000 is truly amazing achievement.
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April 19, 2018, 10:18:44 PM
 #12

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/
Yet another CEO trying to guess the price of Bitcoin...nothing new here. The article would've been a lot more interesting if it wasn't for the fact that he's repeating the same price target by giving the same old reasons as everyone else. Btw, why does everyone keep saying "250k by 2022"? Even after Bitcoin goes mainstream worldwide, 250k still sounds far-fetched to me.

Don't be so negative bro. chill out.
I'm not being negative, it's all good  Wink 
we all like positive news during a bullish trend, it's part of the game, but you can't deny the fact that almost every day (for the past two weeks or so) a CEO or a random "expert" comes out of nowhere and tries to predict the price and says the exact same figure as the other colleagues (even the exact same time: at the end of the year)...it's not that I don't like these type of articles (I'd rather see the same bullish news than people spreading the same old FUD), is just that...it's getting a bit repetitive, that's all   Roll Eyes
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April 19, 2018, 10:33:32 PM
 #13

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/
Yet another CEO trying to guess the price of Bitcoin...nothing new here. The article would've been a lot more interesting if it wasn't for the fact that he's repeating the same price target by giving the same old reasons as everyone else. Btw, why does everyone keep saying "250k by 2022"? Even after Bitcoin goes mainstream worldwide, 250k still sounds far-fetched to me.
Yes, I support your idea. Speculation in bitcoin by the end of period is just a hobby of popular people and analyst in bitcoin. This is not new to me and I predicted it that the good news for bitcoin will impose if there is a sudden change with its price. 250K usd is really far from reality. Imagine how many millions it will jump in just a couple of years? That is impossible.

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April 19, 2018, 10:42:22 PM
 #14

Don't be so negative bro. chill out.
You are mistaking skepticism for negativity, and there's a huge difference.  I agree with him, because I recall a time, almost 20 years ago, when a stock analyst was predicting Amazon stock would hit $400.  I forget what it was trading for at the time, but it was significantly lower than that. 

It was madness (though IIRC Amazon did hit that target after the prediction, and didn't have the earnings to justify it), and people were predicting the Dow would hit 36,000 (in 1999).  So anyone can make wild predictions.  That doesn't mean there's any substance there. 

It's even harder to guage what crypto is going to do, because you can't analyze any business underneath it like you can with stocks.  You're basically trying to predict what people's sentiment toward bitcoin is going to be x years from now, and I say that's impossible to do.  Something better might come along; new regulations may make it more or less attractive; and any number of things might happen to affect the price.  There's no telling.

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April 19, 2018, 10:52:11 PM
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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/
Yet another CEO trying to guess the price of Bitcoin...nothing new here. The article would've been a lot more interesting if it wasn't for the fact that he's repeating the same price target by giving the same old reasons as everyone else. Btw, why does everyone keep saying "250k by 2022"? Even after Bitcoin goes mainstream worldwide, 250k still sounds far-fetched to me.
Yes, I support your idea. Speculation in bitcoin by the end of period is just a hobby of popular people and analyst in bitcoin. This is not new to me and I predicted it that the good news for bitcoin will impose if there is a sudden change with its price. 250K usd is really far from reality. Imagine how many millions it will jump in just a couple of years? That is impossible.

I agree Bitcoin will likely never be worth millions of dollars unless the wealth of the world was converted into Bitcoin... Which is highly unlikely. $250k is a crazy number as well, but I personally believe it's not too far-fetched. I can easily see Bitcoin being that price within 5 - 10 years. The crypto market is here to stay, and will not be going away any time soon. On average, YoY it grows significantly. I feel as if this is because slowly but surely people are trusting these cryptocurrencies more and more. Many are slowly converting some of their wealth into crypto, as their trusted friends do the same over time. Eventually, it'll get to a point when people can invest a % their 401(k) portfolios into the cryptocurrency market...
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April 19, 2018, 11:00:53 PM
 #16

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.

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April 19, 2018, 11:38:10 PM
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is just that...it's getting a bit repetitive, that's all   Roll Eyes
Repetitive for sure, but the thing here is that they all want to be right for once. It would allow them to gain some form of credibility they then can exploit in their advantage, and that while it was just a lucky shot.

It would be insanely hilarious if all these predictions become totally worthless when this market starts plummeting below the previous bottoms in the next days or weeks.

That once again shows how this market keeps trolling the majority of the people and all the so called experts and whatever CEO kingpins. But then again, at some point they will guess right and get their 'I told you so' moment of fame.

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April 20, 2018, 12:51:22 PM
 #18

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.

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May 02, 2018, 01:49:45 PM
 #19

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/
Due to the current pump, there is a possibility for bitcoin to move up since the resistance level cannot handle anymore the bull run. It might also to turn out those resistance to support this hike. Many people are waiting for this moment and I am sure, a lot of people are excited to buy bitcoin.

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May 02, 2018, 02:37:48 PM
 #20

If somebody ask me do I believe in such predictions a month ago, I would say that there is no chances Bitcoin to hit $25,000 this year.

But now, somehow I'm an optimist that this will happen. The market is getting more mature and the world is full of potential conflicts (most economical). This will kick the prices to the sky.
if I can just pray that may be said by brian kelly it can become a reality and be granted. so for all of us bitcoin users just pray for the increase predicted by brian kelly

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