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Author Topic: I am sure Bitcoin Will go $50,000 End of this year because of ETF!  (Read 4813 times)
denulh
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August 14, 2018, 04:20:24 PM
 #101

it is funny that today is mid august and BTC is still dropping below 6000$, strugling with 6000$ without any escapes and the market is dumpping altcoins stronger everyday, so it is hard to think this market can have the chance to rise to 50000$ in this year. i think even if BTC's ETF is approved it wont be easy to rise in just a short time but may be a very long time.

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ruthbabe
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August 14, 2018, 04:42:01 PM
 #102

Big names in crypto predict that bitcoin will go $50k end of this year and they were 50% correct because anything can happen of crypto right? but for me, if bitcoin ETF will be approved I'm sure that ETF Will Push Bitcoin price to $50,000, let's wait 60 days starting today and go back to this thread in September or October and let's see  Wink

Not possible, I guess. What happened to the price of Bitcoin last year will never happen this year. Perhaps you're not aware of the news that a study conducted by University of Texas professor suggests Tether (USDT) has been used to manipulate bitcoin's price last year. And the US Justice Department is said to be conducting a criminal probe into the said report. See more for yourself here, https://www.bloomberg.com/news/articles/2018-06-13/professor-who-rang-vix-alarm-says-tether-used-to-boost-bitcoin

tranquyen123456
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August 14, 2018, 04:43:32 PM
 #103

I also believe in Bitcoin. This is probably the last time we saw Bitcoin at $ 6000. Long-term buy and hold, you will win next year Grin Grin
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August 14, 2018, 05:20:36 PM
 #104

There is so much FUD, bans and regulation attempts that BTC and others will NEVER recover to the highs of 2017. The good days are firmly behind us and it's all downhill from here. Why HODL if you're going to lose another 5-10% tomorrow? ETH is in freefall due to its recently announced serious security issues that cannot be fixed. ETH will die within a month along with everything else run on that slow, unreliable ETH blockchain.
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August 14, 2018, 05:21:21 PM
 #105

I also believe in Bitcoin. This is probably the last time we saw Bitcoin at $ 6000. Long-term buy and hold, you will win next year Grin Grin
Wrong! I'll be gone or below $1000 by next year.
AAlex48
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August 14, 2018, 05:41:01 PM
 #106

Have you seen growth? I assure you, it is still small, we are waiting for institutional money, and there will be growth, but so far it was in HYIP.
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August 14, 2018, 06:37:45 PM
 #107

I also believe in Bitcoin. This is probably the last time we saw Bitcoin at $ 6000. Long-term buy and hold, you will win next year Grin Grin
Wrong! I'll be gone or below $1000 by next year.
Will go to bet? BTC never will be near $1k. Because of then BTC will die. Why? Miners will not work at a loss. And whales will buy all orders by such price. But we can go to the $4-5k. And it will as purification. I think many light-profit investors will exit at this levels.

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August 15, 2018, 04:12:16 AM
 #108

I don't agree with your point of view. I think that ETF is just a gimmick. It is not really coming. Of course, when the bull market comes, it can be said that the ETF has passed. Objectively, I also think that the ETF will pass, and the US dollar does not want to lose its dominance in the cryptocurrency.
ROB18
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August 15, 2018, 05:05:17 AM
 #109

It's really very hard to predict how much exactly will bitcoin cost at the end of this year. But base on history, bitcoin usually pumps during the last quarter of the year. With the current application of Bitcoin ETF, once this application  will be approved, then there is a big possibility that bitcoin price will increase to a dramatic level. Lets hope for the best. I know bitcoin or cryptocurrency in general is still young. I also believe in the technology of blockchain which all these is being process. This technology is our future.

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flysats
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August 15, 2018, 05:22:35 AM
 #110

No one surely can say it.because its unpredictable and there is no guaranty also. So how you are sure about it!! but I think after this year or when ETF would accept Bitcoin, We may get a good price of Bitcoin. A lot of peoples waiting for this news.
That's why it don't lead to price growth. Too many expectations. And I'm sure that 30 Sept ETF will be delayed again while SEC have legal possibilities to do it. I don't have any predictions what event will be key for turn-over. But not ETF. Maybe Bakkt starting. Or some giant partnership.

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August 15, 2018, 05:23:35 AM
 #111

I also believe in Bitcoin. This is probably the last time we saw Bitcoin at $ 6000. Long-term buy and hold, you will win next year Grin Grin
of course, because bitcoin is the best for the long term and certainly the benefits will also be very large, so now a very good time for investment

starblocks
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August 15, 2018, 07:10:31 AM
 #112

I also believe in Bitcoin. This is probably the last time we saw Bitcoin at $ 6000. Long-term buy and hold, you will win next year Grin Grin

It's been at the $6,000 mark a few times so far and has been supported well so hopefully it will continue to remain above the $5,000-6,000 range until further positive developments help add more value

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August 15, 2018, 07:14:18 AM
Last edit: August 15, 2018, 07:29:38 AM by smic
 #113

I believe too . But it is necessary to speak for sure. If so, I expect a major global economic crisis in 2019.
pukul rata
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August 15, 2018, 07:24:08 AM
 #114

if this news is true, this is fantastic news, because usually if the btc price rises then the altcoin price will also go up, so the altcoin that I still hold will not cause me losses, but will the btc reach $ 50k? while the highest price attainment of btc has only reached $ 20k, but hopefully the news that you made is really happening.
chip1994
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August 15, 2018, 07:30:04 AM
 #115

How if ETH reject. LOL. You should always think about the bad thing as well Smiley. As I know it's really hard for Bitcoin to be accepted by ETF and it's the reason why at the moment BTC price is dumping so hard and it make all other cryptocurrencies dump as well.


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ruthbabe
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August 15, 2018, 08:03:18 AM
 #116

I also believe in Bitcoin. This is probably the last time we saw Bitcoin at $ 6000. Long-term buy and hold, you will win next year Grin Grin
Wrong! I'll be gone or below $1000 by next year.
Will go to bet? BTC never will be near $1k. Because of then BTC will die. Why? Miners will not work at a loss. And whales will buy all orders by such price. But we can go to the $4-5k. And it will as purification. I think many light-profit investors will exit at this levels.

Well, $4-5k sounds good, but it's really hard for bitcoin price to reach the $5000 mark at the end of 2018. According to this site, Bitcoin Price Prediction For 2018, 2019, 2020, 2021 And 2022, In the beginning, the price will open at 4227 Dollars, the maximum price is $4227, and the minimum price is $3302. The average for the month is $3827. Bitcoin price forecast at the end of the month of the December is $3551, change for December -16.0%.

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August 16, 2018, 03:53:50 AM
 #117

I think if this is going to happen, I am sure that many people will buy bitcoin as much as they can because they will make a big profit at the end of this year. and I will do the same things because I also want to make a profit too. I hope that from the next month, bitcoin will slowly to increase and break any higher price and will reach that price at the end of this year.
BaraxLo
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August 17, 2018, 06:32:51 AM
 #118

Have you seen growth? I assure you, it is still small, we are waiting for institutional money, and there will be growth, but so far it was in HYIP.
There will be growth and I am not so sure that the growth will be so big to take the price high enough to cross the $50000 value in the market. Not possible in the near future. We are still in the same situation where we were two months ago and the market is red.

The fall has been ruling the market for long. Some people are still so optimistic about the future value of Bitcoin and the investments are still high because of the down price. Hopefully we would be having a great market in future.
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August 17, 2018, 07:21:58 AM
 #119

How if ETH reject. LOL. You should always think about the bad thing as well Smiley.
Yes that's right. That's not being skeptic but we need to assess as well the possible negative result that ETF can bring to us. I'm pointing out that its possible that ETF will be positive but its also possible that it will be rejected.

As I know it's really hard for Bitcoin to be accepted by ETF and it's the reason why at the moment BTC price is dumping so hard and it make all other cryptocurrencies dump as well.
Last year it was rejected but I'm also putting some confidence whether its good or bad decision, bitcoin will remain the same as usual.

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August 24, 2018, 05:27:29 PM
 #120

It's too much! Bitcoin, though a veteran cryptocurrency, but such a leap that used to 50000$ before the end of the year - it is unrealistic. Although the growth of course. Not that harsh.

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