Speculation on BTC

[olalaMaty]

I believe there are plenty of powers fighting for the dominance over bitcoin some of which are trying to suppress the price and some drive it up. Moreover, bitcoin's rate is pretty dependent on news. With all that in mind, I would dare making any predictions as there always is a chance of a black swan.

Whether or not a US government bitcoin speculation is in the process of investigating whether or not the speculation manipulates the cryptographic market in general btc in particular. The investigation is supposed to focus on tricks that can be Affect on the transaction price

[Nerman]

I was reading the Speculation section from the Economics forum yesterday, and two guys from the BTC Foundation said that 2018 will be the last time that Bitcoin will be under $10,000. I believe that this statement was made to lessen the worry that comes about every time that BTC drops. I don't know how anyone could make that statement in full faith though, as the nature of altcoins is its very volatility. Since it is not tied to normal economic conditions as fiat currency is, I don't quite see where that prediction comes from. The fact that many economies are talking about some type of oversight does show that acceptance is gaining and perhaps is a harbinger of more stable, and higher, prices.

Their speculation is possible, It is a big possibility that Bitcoin will rally before the end of the year and I think the $10,000 area will be a super support level in the future. Just like recently our best support is the $6,000 area. I remembered first quarter last year that rarely you will see a person to speculate  that we will even reach $6,000 but looking today people already have identified that  buying at $6,000 is the wisest thing to do.

[sana54210]

everyone has their own opinions, and you didn't exactly quote a particular person or given any links so we don't know why they said that. you should find it yourself and see the source where that particular person is making that prediction and i am sure they have already explained why they think this year is the last time we are going to see below $10k.

and remember no matter who made that speculation that is still a speculation like any other.

I was actually expecting to see a link as well. Like you said, it is just speculation as anyone can just come up with anything and still remain baseless. However, speculation or not, anything can be possible in the long run. We still have a long time before 2018 ends though, so it is hard to be making any assumptions for now.

This could be a good one if we are already past the $10k spot and bitcoin seems to be holding it strong as a huge support before hitting new ATH, then in that case, one may even assume that something like that is possible, but for now, the chances are still slim.

[stellgod]

I do not believe in anything like that. many experts say if the year 2018 bitcoin prices will be very high, but until now there is no sign if the price of bitcoin will rise.

Bitcoin needs just 10 good days in a year to reach 20k... REMEMBER THIS : )

Or even less than 10 days. Last year, we have seen bitcoins rising from some $7000 to $22000 just in few days. These days were even less than 10 so that isn’t just a big problem. The problem is people, we don’t allow bitcoins to just jump over. We all are wanting bitcoins to show such huge jump but we all are participating in panic selling to some extent and that is why seeing such situation.

[DMCR lah]

everyone has his own opinion, so I believe there are many forces that are fighting for dominance over bitcoins that are partly trying to push prices down and some pushing it.

[Hazir]

I am kinda worried about one factor - rate of Bitcoin adoption. It seems like adoption slowed down significantly during last year, and sometimes even reverted (Steam is no longer accepting BTC)
Metcalfe's law states that the value of a network increases as the number of users on said network increases. So the number of users we have, affect directly the price  BTC
Adoption is somewhat stagnant - no major company is talking about accepting bitcoin as a payment method - because they know that people are not willing to spend their coins anyway.
I am worried that "hodling' mentality of Bitcoin users, in the end, will be a very big problem and the reason for low BTC adoption.

[1Referee]

I am kinda worried about one factor - rate of Bitcoin adoption. It seems like adoption slowed down significantly during last year, and sometimes even reverted (Steam is no longer accepting BTC)

Merchants doing that are operating a hidden agenda, or they are ignorant. Steam's reason to no longer accept Bitcoin is because of the volatility and the higher fees. It's pure bullshit. When they started accepting Bitcoin the market was just as volatile, and the fees are not an issue because they will always come down again.

Metcalfe's law states that the value of a network increases as the number of users on said network increases. So the number of users we have, affect directly the price  BTC

The number of users do affect the price, but it's not as significant as you may think. People in all cases are quite conservative of nature. No one will buy or sell massively if whales don't do the initial work. It perfectly shows in current market. If whales don't steer the market to whatever direction, it consolidates.

Adoption is somewhat stagnant - no major company is talking about accepting bitcoin as a payment method - because they know that people are not willing to spend their coins anyway.

Bitcoin's adoption isn't stagnant. Bitcoin's adoption isn't just based on its currency aspect, but more so towards its digital Gold aspect. Bitcoin's adoption as currency has never really been a thing. Bitcoin's adoption as digital Gold is exploding.

I am worried that "hodling' mentality of Bitcoin users, in the end, will be a very big problem and the reason for low BTC adoption.

It's not a problem. People care about one thing only, which is seeing Bitcoin's price go through the atmosphere, and that is exactly what is happening.

I think eventually, when the price becomes stable, and we have easy to use Lightning clients, the currency aspect will crawl back up. It takes time.

[LuciferEveningStar]

I was reading the Speculation section from the Economics forum yesterday, and two guys from the BTC Foundation said that 2018 will be the last time that Bitcoin will be under $10,000. I believe that this statement was made to lessen the worry that comes about every time that BTC drops. I don't know how anyone could make that statement in full faith though, as the nature of altcoins is its very volatility. Since it is not tied to normal economic conditions as fiat currency is, I don't quite see where that prediction comes from. The fact that many economies are talking about some type of oversight does show that acceptance is gaining and perhaps is a harbinger of more stable, and higher, prices.

Most of the crypto analyst today that are writing different speculations are saying that bitcoins might reach $50k dollar just before the end of the year so keep on holding your coins.

[zinluzgina]

I was reading the Speculation section from the Economics forum yesterday, and two guys from the BTC Foundation said that 2018 will be the last time that Bitcoin will be under $10,000. I believe that this statement was made to lessen the worry that comes about every time that BTC drops. I don't know how anyone could make that statement in full faith though, as the nature of altcoins is its very volatility. Since it is not tied to normal economic conditions as fiat currency is, I don't quite see where that prediction comes from. The fact that many economies are talking about some type of oversight does show that acceptance is gaining and perhaps is a harbinger of more stable, and higher, prices.

Of course, when governments legalized bitcoin and will be amend the law, then bitcoin and cryptocurrencies will necessarily rise in price. Many people are now afraid and waiting for everything to be according to the law. Accordingly, then there will be a great demand and the price will rise.

[wave1002012]

I really believe that bitcoin will still able to reached its goal to become the most profitable and trusted investment throughout the global  and i think few years from now bitcoin market value will reached to $30000 this is what im hoping too.

[Twentyonepaylots]

I was reading the Speculation section from the Economics forum yesterday, and two guys from the BTC Foundation said that 2018 will be the last time that Bitcoin will be under $10,000. I believe that this statement was made to lessen the worry that comes about every time that BTC drops. I don't know how anyone could make that statement in full faith though, as the nature of altcoins is its very volatility. Since it is not tied to normal economic conditions as fiat currency is, I don't quite see where that prediction comes from. The fact that many economies are talking about some type of oversight does show that acceptance is gaining and perhaps is a harbinger of more stable, and higher, prices.

Stabilization of Bitcoin's value is not beneficial to those who own it. After all, he was bought as an investment and he should bring income. So there are up and down swings, from 7K to 10K. This I think is the main reason.
And I do not exclude large investors who throw out large sums.

Prediction on Bitcoin price or the stability is always a concerned of investors, any movement on price value could trigger the possible ups and down on the market treed. We can never tell what will happened next, market is Volatile, anything can happened at any given time on the market.But with the stable market status of Bitcoin it will remain on the top among all ALT coin posted on the market.

[dewi91]

on what basis do they talk like that? is it just a prediction?
but I hope it really happened 

yes I think that is just a prediction but it possible to happen. we can see in the half of this year bitcoin price tend to be stable, I mean not increase significantly and not go down significantly and it have a potential to increase again until the end of year. I just hope bitcoin will reach more than 10k in the end of year and next year will be better for bitcoin.

[Herbys]

I am worried that "hodling' mentality of Bitcoin users, in the end, will be a very big problem and the reason for low BTC adoption.

It's not a problem. People care about one thing only, which is seeing Bitcoin's price go through the atmosphere, and that is exactly what is happening.

I think eventually, when the price becomes stable, and we have easy to use Lightning clients, the currency aspect will crawl back up. It takes time.

Now Bitcoin has a relative stability of 7.4K-7.8K. I think that investors are not interested, too little profit up to 5%. Many are used to a minimum of 10%.

[w33man]

I was reading the Speculation section from the Economics forum yesterday, and two guys from the BTC Foundation said that 2018 will be the last time that Bitcoin will be under $10,000. I believe that this statement was made to lessen the worry that comes about every time that BTC drops. I don't know how anyone could make that statement in full faith though, as the nature of altcoins is its very volatility. Since it is not tied to normal economic conditions as fiat currency is, I don't quite see where that prediction comes from. The fact that many economies are talking about some type of oversight does show that acceptance is gaining and perhaps is a harbinger of more stable, and higher, prices.

News and speculations can greatly affect people's decision whether to invest on cryptocurrency or not. However, it is not that bad to listen or read other's speculation about prices because if you really believe in cryptocurrency and technology, the price will not bother you because in the future, cryptocurrency will be widely used by everyone.

[DgurJIupyf]

I was reading the Speculation section from the Economics forum yesterday, and two guys from the BTC Foundation said that 2018 will be the last time that Bitcoin will be under $10,000. I believe that this statement was made to lessen the worry that comes about every time that BTC drops. I don't know how anyone could make that statement in full faith though, as the nature of altcoins is its very volatility. Since it is not tied to normal economic conditions as fiat currency is, I don't quite see where that prediction comes from. The fact that many economies are talking about some type of oversight does show that acceptance is gaining and perhaps is a harbinger of more stable, and higher, prices.

Nobody has any control over the price so nobody has any reasonable expectation about what the price is going to do in the future. Prognostications by anyone, even people from the BTC Foundation, are rather worthless. It seems more likely they're trying to stoke demand since weak demand has been slowly deflating the price for awhile now. As members of the BTC Foundation, I expect they probably have significant Bitcoin holdings and are probably worried about how those holdings have depreciated in value over the last 6 or so months. Because of this, I would view such "predictions" as not only baseless (like any other price prediction), but also self-motivated and conflict-oriented. After all, I'm sure none of these guys would have ever predicted at the time Bitcoin was trading above $19,000 that it would ever again see a price below $7,000, and as we all know it reached that less than 6 months later! And that's why their predictions are worthless.

Immediately evident that you are a person who knows how to objectively understand the issue. As for the guys, I also think that they are not children of the famous VANGA. But as for the funds, it seems to me that the funds do not escalate the situation and do not create a stir around bitcoin and its prices. Perhaps the media spread panic on this topic, and the funds themselves are buying bitcoin in small batches at the moment.

[eann014]

I was reading the Speculation section from the Economics forum yesterday, and two guys from the BTC Foundation said that 2018 will be the last time that Bitcoin will be under $10,000. I believe that this statement was made to lessen the worry that comes about every time that BTC drops. I don't know how anyone could make that statement in full faith though, as the nature of altcoins is its very volatility. Since it is not tied to normal economic conditions as fiat currency is, I don't quite see where that prediction comes from. The fact that many economies are talking about some type of oversight does show that acceptance is gaining and perhaps is a harbinger of more stable, and higher, prices.

No one can ever know if bitcoin will go under more or go up already, it is just all their speculation, and speculation can possibly be not going to happen. It is depend on us if we wanted to believe those speclation and I think there is nothing wrong to believe those speculate because sometimes it can happen but there are also times that it did not.

[ufalo3]

Bitcoin is the best coin and it needs just one month to grow maybe to the $20k and probably this year it will happen too.

Bro, I wish I would have the same optimism you do have. I am not sure that Bitcoin will reach this maximum in 2018. We can finally admit and agree that this year is the critical period for the market.

[CandyIzDelicious]

your statement may be true but even though bitcoin down it will not be long bitcoin is a new technology that many companies accept, so grab a chance to buy if the bitcoin goes down

[OrangeII]

your statement may be true but even though bitcoin down it will not be long bitcoin is a new technology that many companies accept, so grab a chance to buy if the bitcoin goes down

well, this would be an excellent opportunity to buy bitcoin if the price decreases as it is today. we all believe, that bitcoin prices will be even higher this year. it may be down for some reasons now, but it would be a very good thing to buy it in bulk.

[Siren]

I believe there are plenty of powers fighting for the dominance over bitcoin some of which are trying to suppress the price and some drive it up. Moreover, bitcoin's rate is pretty dependent on news. With all that in mind, I would dare making any predictions as there always is a chance of a black swan.

And more than thay is the countries that dont want bitcoin or crypto interfered their economy thats why they are putting lots of regulations and some are banning but this is not enough to deeper the burden

In future years(not specifically this year)bitcoin will will and all alternative coins will bloom together with it,expect no good speculation but expect good future for us here