cryptobluemoon
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May 22, 2018, 12:06:00 PM |
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Bitcoin price for 2022 is set to 250000 dollars comparing to 2019 estimation it is quite surprising looking at present price and future price estimation how we can reach such high targets
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tony kurniawan
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May 22, 2018, 01:20:58 PM |
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I think this can reach the prices this year Bitcoin. It seems to me that we will move forward with 100K next year. We may be near the great rises very soon. But I think that there are a few problems to be solved first. Transfer speed for example!
Price $ 100,000 is a high price, and to reach that price will take a very long time. And I think in the year 2019 bitcoin can not reach the price of $ 100,000.
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_yoshi
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May 22, 2018, 01:26:10 PM |
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At this moment, i think its very hard to imagine that bitcoin could go that high next year. But begin of 2017 nobody would belive you if you told them that bitcoin will go to twenty thousand. So i learned in the cryptocurrency world is everything possible. SO i would be very happy when bitcoin would hit this target price ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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AlisaWhishie
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May 22, 2018, 02:35:25 PM |
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We are not going there, just relax. The main sign that these predictions based on the previous experience, don't work anymore is Consensus 2018. Previously all these events just immediately led to the amazing price growth (not only for BTC, but for alts in top-250 also). But now the price was just indifferent to this event. Tomas Lee predicted that BTC would have reached $15k by now, but even he made a mistake.
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aardvark15
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May 22, 2018, 05:15:39 PM |
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Analytical agency Fundstrat Global Advisors LLK published its Forecast. Bitcoin could soar as high as $64,000 next year, investment research firm Fundstrat predicts "We believe the current path of hash power growth supports a BTC price of about $36,000 by 2019 year end, with a $20,000-$64,000 range," Sam Doctor, head of data science research at Fundstrat, said in a report. Hash power refers to the processing power computers need to generate bitcoins. That's roughly four times or more from bitcoin's price Thursday of near $9,300. The economics of bitcoin mining also likely create a support level for the cryptocurrency, Doctor said. Source for the prediction: https://www.cnbc.com/2018/05/10/bitcoin-could-soar-as-high-as-64000-next-year-fundstrat-predicts.htmlThe funny thing is that everyone has a different prediction. John McAfee predicts $1,000,000 by the end of 2020. If I knew for sure that Bitcoin would reach $64,000 or even just $36,000 by the end of 2019, I would buy as many Bitcoins as I could now. But we just don’t know for sure. In fact there are those that predict Bitcoin will eventually go to zero.
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STT
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May 22, 2018, 06:39:20 PM |
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McAfee wrote code in the early days of PC home models. Doesnt mean he has a good estimate to technology now or more relevant would be economic and market dynamics. Its possible he knows his cryptography because that relates to polymorphic code in viruses but sadly I hear little of this from him. The economics of bitcoin mining also likely create a support level for the cryptocurrency, Doctor said. On the basis of the simplest points being often the most true I would have to disagree on this simple point. BTC price can fall below the mining cost, its possible in other commodities and happens commonly. It leads to productive decline and also losses in those company operations but it doesnt mean the commodity price cannot fall.
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Wind_FURY
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May 23, 2018, 05:21:21 AM |
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What do you think about the performance of bitcoin over the last 12 months: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ffm.cnbc.com%2Fapplications%2Fcnbc.com%2Fresources%2Feditorialfiles%2Fcharts%2F2018%2F05%2F1525968177_bitcoin12MO180510.JPG&t=665&c=hj8jsZ_hADRjQA) That's it? 12 months is too short my friend. Zoom out and see where Bitcoin was from 5 years ago. It went a very long way since 2013, from development, growth of hash rate, user acceptance and the price. Its progression is still very much alive.
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chickenado
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May 23, 2018, 08:57:55 AM |
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Analytical agency Fundstrat Global Advisors LLK published its Forecast. Bitcoin could soar as high as $64,000 next year, investment research firm Fundstrat predicts "We believe the current path of hash power growth supports a BTC price of about $36,000 by 2019 year end, with a $20,000-$64,000 range," Sam Doctor, head of data science research at Fundstrat, said in a report. Hash power refers to the processing power computers need to generate bitcoins. That's roughly four times or more from bitcoin's price Thursday of near $9,300. The economics of bitcoin mining also likely create a support level for the cryptocurrency, Doctor said. Source for the prediction: https://www.cnbc.com/2018/05/10/bitcoin-could-soar-as-high-as-64000-next-year-fundstrat-predicts.htmlPersonally I think we can get 50k to 70k price for 2019 as the highest price.,As we have observe in the past years, the price usually struggles in the first 3months of the year but it kicks in again by the 2nd quarter.,people and industries are starting to realize the impact of cryptos in their businesses and these will lead to a mayor change in the cryptocurrency world.
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ajqjjj
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May 23, 2018, 09:27:33 AM |
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What do you think about the performance of bitcoin over the last 12 months: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ffm.cnbc.com%2Fapplications%2Fcnbc.com%2Fresources%2Feditorialfiles%2Fcharts%2F2018%2F05%2F1525968177_bitcoin12MO180510.JPG&t=665&c=hj8jsZ_hADRjQA) Last three years chart also same ratio in bitcoin performance so this year is little collapsed in the market but surely it will growing fastly in end of the year. Because Russian government is announced the good news of cryptocurrency so this will legalised in June month that time some big hype is expected in Bitcoin and altcoin.
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zhekinsp
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May 23, 2018, 10:02:47 AM |
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Analytical agency Fundstrat Global Advisors LLK published its Forecast. Bitcoin could soar as high as $64,000 next year, investment research firm Fundstrat predicts "We believe the current path of hash power growth supports a BTC price of about $36,000 by 2019 year end, with a $20,000-$64,000 range," Sam Doctor, head of data science research at Fundstrat, said in a report. Hash power refers to the processing power computers need to generate bitcoins. That's roughly four times or more from bitcoin's price Thursday of near $9,300. The economics of bitcoin mining also likely create a support level for the cryptocurrency, Doctor said. Source for the prediction: https://www.cnbc.com/2018/05/10/bitcoin-could-soar-as-high-as-64000-next-year-fundstrat-predicts.htmlAre not you getting tired of this what you called experts and big names or agency's? None of this comes to reality ,maybe neared but never been,and the problem is most of those who reads something like this believe that this will happens, Why not be contented on what will bitcoin brings to us?instead of expecting in false hopes People are getting more greed which is the reason they want to hear such things like these.But it may happen or not because as you said no one really knows what is going to heppen and the technical analysis goes wrong at most of the times before of the decentralized technology.
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Question123
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May 23, 2018, 02:33:22 PM Last edit: May 26, 2018, 01:12:44 AM by Question123 |
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I hope your prediction will really happen in the year of 2019 because if bitcoin reach that we will earn more profit. The possible price of the bitcoin in the year of 2019 is upto $50,000 but they have chances to decrease . But it's only prediction and we don't know what really happen to bitcoin but I hope the price become very high again.
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ridertiger (OP)
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May 23, 2018, 09:04:24 PM |
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It is in a bear trend and it is the best time to buy more BTC. Like they said, buy when blood is running on the streets, and from the looks of the comments, we are in that time. Buy now, thank me later!
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poplolnman
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May 23, 2018, 11:41:07 PM |
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Bitcoin price for 2022 is set to 250000 dollars comparing to 2019 estimation it is quite surprising looking at present price and future price estimation how we can reach such high targets
Bitcoin always have its own way to make impossible thing happened especially when people in doubt , everyone would wondering the same thing as you too but you know that even the growth of hash power to generate Bitcoin getting higher , Bitcoin would has no value when there's no interest in the future , so make sure the Bitcoin ecosystem itself growing too, more importantly the adoption.
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I'm in 400,000 euros debt , dont help me , i rather die
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ridertiger (OP)
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May 25, 2018, 07:38:10 AM |
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Well, crypto mining will be needed even when the last Bitcoins have been mined so this should keep the price high even when all is said and done.
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cfif123
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May 25, 2018, 07:55:39 AM |
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I think this can reach the prices this year Bitcoin. It seems to me that we will move forward with 100K next year. We may be near the great rises very soon. But I think that there are a few problems to be solved first. Transfer speed for example!
Price $ 100,000 is a high price, and to reach that price will take a very long time. And I think in the year 2019 bitcoin can not reach the price of $ 100,000. so true. and to my knowledge no one can to predict a very precise in the prediction of bitcoin prices. because in price increases, bitcoin is dependent on the demand and its users as well
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Asrael999
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May 25, 2018, 07:59:23 AM |
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Analysis is flawed, it is based on the premise that making something gives it a value equal to it's input costs, which is total horseshit. More bitcoins already exist than will ever be mined in the future. The thesis that mining supply dictates prices is no longer valid, it's only one input
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ridertiger (OP)
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May 25, 2018, 08:35:07 AM |
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Mining cost increases will increase the price because miners will sell it above their cost. For example, if it costs 8k to mine, they will not sell their mined bitcoin for 7k. It is too big to fail because a lot of large corporations and people, including nations invested in this thing. Mining supply dictates prices because the total supply is limited. If you store national currencies under your bed they will, over time, become worthless.
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mike4001
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May 25, 2018, 08:38:13 AM |
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Bold claim when we just moved below 8k.
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uslfd
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May 25, 2018, 08:57:43 AM |
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Yes Im surprised how peoeple still believe in forecasts like this.
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ridertiger (OP)
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May 26, 2018, 03:15:46 PM |
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So, why do you suppose people should not believe it? Forecasts are plently galore these days, but it is part of the market, because what people believe is what people will do.
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