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First77
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June 11, 2018, 02:52:00 PM
 #1

"Bitcoin has now gone 173 days without a new high.  Longest streak ever was 1,176 days (from Dec 2013 to Feb 2017)." So I came across this fact on twitter, and checked obviously (always DYOR haha) so what do guys think this says about BTCs current position, or what it does for the much anticipated bull run.

Bitcoin fell from $7500 to $6700 today. If bitcoin goes to $21,000 (new high price) it will be in year 2030 only
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June 11, 2018, 06:11:28 PM
 #2

Jesus Christ, I hope to see $21,000 in 2020 not 2030.




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June 11, 2018, 06:13:03 PM
 #3

Permabears are annoying.
First77
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June 11, 2018, 06:15:32 PM
 #4

Jesus Christ, I hope to see $21,000 in 2020 not 2030.

$21,000 is lots of money. See this.


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June 11, 2018, 06:50:40 PM
Merited by LFC_Bitcoin (1), bobo012 (1)
 #5

My prediction was $50,000 before the end of 2020 and is still that today. Even more precise, that was my prediction before we demolished the $10,000 level last year. I don't shift from predictions based on how the market moves up or down, which isn't something that can be said about the mainstream media and other so called experts. Important is the fact that regardless of how deeply involved in TA you are, or how much of a crypto veteran you are, we don't know more than each other. The actual winners here are those who remain realistic and allow the market to bottom out without expecting the price to go up without any reason....
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June 11, 2018, 08:07:45 PM
 #6

"Bitcoin has now gone 173 days without a new high.  Longest streak ever was 1,176 days (from Dec 2013 to Feb 2017)." So I came across this fact on twitter, and checked obviously (always DYOR haha) so what do guys think this says about BTCs current position, or what it does for the much anticipated bull run.

Bitcoin fell from $7500 to $6700 today. If bitcoin goes to $21,000 (new high price) it will be in year 2030 only

Where's the correlation of that? Just because bitcoin fell by 10-15% in a day, doesn't mean that all of a sudden its long term growth is completely hindered. I simply don't see evidence of that whatsoever.

I'm not expecting an all time high this year at all, but I do expect to see a bull market to take BTC prices to a new all time high early next decade. That seems likely considering the amount of institutional investors starting to come into these markets at the moment.

I find it unlikely and odd that anyone would expect prices to be in a 12 year bear market, however. History has shown that these cycles usually take only 3 years or so before a new all time high takes over, and it makes sense, since adoption is continually increasing.

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June 11, 2018, 09:02:26 PM
Merited by richardsNY (1)
 #7

My prediction was $50,000 before the end of 2020 and is still that today. Even more precise, that was my prediction before we demolished the $10,000 level last year. I don't shift from predictions based on how the market moves up or down, which isn't something that can be said about the mainstream media and other so called experts. Important is the fact that regardless of how deeply involved in TA you are, or how much of a crypto veteran you are, we don't know more than each other. The actual winners here are those who remain realistic and allow the market to bottom out without expecting the price to go up without any reason....

Great outlook. Exactly what i have been thinking about price, only i have that price target set somewhere between 2020. and 2022.
Bitcoin is something unseen until now, it is not without a reason that so many want their hands on it, it is censorship resistant and acts as a safe haven, and even politicians love that, to be able to tuck away their money. It is getting more competitive to mine and price will have to adjust. It can go lower only for limited amount of time. Rich people want it down so they can accumulate, and when we see ETF approved we will see a new wave of people getting in. Also lightning network is growing and it takes just a few big players to transact over it, accept payments with their node and that will spark the fire.

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June 11, 2018, 10:53:01 PM
 #8

Bitcoin is a decentralized cryptocurrency so anytime it will reach 21k USD but your strategy is impossible in crypto market. Many experts are said this year it will reach 20k USD and next year will reach 30k USD but current scenario is totally opposite in prediction so better we should expect positive results.

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June 11, 2018, 11:06:20 PM
 #9

I really doubt it because there are a lot of things to improve with bitcoin and the community that is behind it, that amount of money is almost a price that can not be reached soon

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June 11, 2018, 11:18:30 PM
 #10

Bitcoin is a decentralized cryptocurrency so anytime it will reach 21k USD but your strategy is impossible in crypto market. Many experts are said this year it will reach 20k USD and next year will reach 30k USD but current scenario is totally opposite in prediction so better we should expect positive results.
Its too early to say anything about it, because still 12 years to go to 2030. But if we consider the potential of bitcoin, i think that still bitcoin has too much potential and i am hopeful that even it is possible that bitcoin will cross 21000$ in next year. I think that bitcoin will continue increasing its price for next few years, because still people are interested to invest their money in bitcoin.

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June 11, 2018, 11:24:03 PM
 #11

I don't want to see the price of the bitcoin in the year of 2030 become $21,000 I want this year become like that price. Because in the year 2030 maybe bitcoin are die or the price is more than $50,000 upto 100,000 dollars each bitcoin.

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June 11, 2018, 11:39:42 PM
 #12

Jesus Christ, I hope to see $21,000 in 2020 not 2030.
I think everyone does, not just you. It's been kind of a shame that Bitcoin hasn't been having any strong rallies recently and it's been hit with a lot of bad trends than anything else. There has been some good news for the rest of the cryptocurrency market in a number of ways, but I don't know if that's enough to carry it through. There needs to be a reinvigorated sense of FOMO for the majority of the population for it to pop off again, or some of the whales need to kick some money back into Bitcoin specifically. But with all the new alts coming out every day, they might be trading those for a long, long time.
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June 11, 2018, 11:49:50 PM
 #13

I wonder what he is trying to say?

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June 11, 2018, 11:54:09 PM
 #14

I wonder what he is trying to say?

I am a penis ripe for a necro quote considerably, considerably sooner than my ickle prediction what I put at least a couple of seconds of thought into rustling up.


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June 12, 2018, 04:03:20 AM
Merited by richardsNY (1)
 #15

My prediction was $50,000 before the end of 2020 and is still that today. Even more precise, that was my prediction before we demolished the $10,000 level last year. I don't shift from predictions based on how the market moves up or down, which isn't something that can be said about the mainstream media and other so called experts. Important is the fact that regardless of how deeply involved in TA you are, or how much of a crypto veteran you are, we don't know more than each other. The actual winners here are those who remain realistic and allow the market to bottom out without expecting the price to go up without any reason....

Well said! And as tommy lee says, most of the gains with Bitcoin comes within 9-10 days out of the year. It is easy to see that these short-term dips have no effect on reaching new ATHs in the long-term. The price could run up so quickly in just 10 days as we've seen in the past. You definitely don't want to be caught not hodling!
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June 12, 2018, 04:28:30 AM
 #16

Highly doubt that, in my humble opinion we will reach that price point by this year's end. And in 2030 who knows I think Bitcoin would be worth north of 1 million by then.

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June 12, 2018, 04:39:18 AM
 #17

Jesus Christ, I hope to see $21,000 in 2020 not 2030.
Lmao. 2030 is too much for bitcoin to reach that level and I really believe it is possible this year. Patience is really a virtue by I think people don't want to invest on bitcoin if they see the growth for at almost a decade. This market is meant to grow every year because of its technology and I know bitcoin will make us proud in the future.

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June 12, 2018, 04:54:42 AM
 #18

I wonder what he is trying to say?

nothing really. he basically creates a couple of topics each week all of which are focusing on some doomsday as he spreads some dumb bullshit around to make us laugh at his ass.
i think he is either kuwukduck himself or saw his post history and took lessons Cheesy

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June 12, 2018, 12:39:02 PM
 #19

i think he is either kuwukduck himself or saw his post history and took lessons Cheesy
He is not an alt of kwukduck IMO because kwukduck post about bitcoin's doomsday like there is no tomorrow for it, whereas OP here is still predicting that bitcoin will rise to $21,000 in 2030. He might have took some lessons from him though.  Grin
Bitcoin fell from $7500 to $6700 today. If bitcoin goes to $21,000 (new high price) it will be in year 2030 only
It would be unwise to think that bitcoin price movements will be that slow. Considering the past movements, I think it can be achieved earlier than 2030. Maybe the target price can be reached by the year 2020-2021 after next block reward halving that will happen in 2020.
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June 12, 2018, 01:00:12 PM
 #20

why so long? that means it's still less than 12 years away. did you forget last year the bitcoin price was almost $ 20k.

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