BitMEX’s Arthur Hayes Predicts Bitcoin At $50k By The End Of 2018!

[devbounty]

What is your opinion as per Hayes prediction, For the well-known businessman, owner of the largest crypto trading platform by volume, the idea of reaching a value of 50k is not an exaggerated or impossible prediction. "I think something that can go up to 20k in one year can have a correction down to about 6k. I think it definitely found a bottom … but with one positive regulatory decision away, to climb to 20k or even 50k by the end of the year."
Im really hopeful. I want to hear from knowledgeable individual what the future holds. Do you think that prediction is a Crazy Idea?

[pooya87]

What is your opinion as per Hayes prediction,

i think people are getting too excited again about bitcoin so they are making exaggerated predictions again. $50k in 6 months is possible but don't think the chances of that happening are high enough to predict it.

owner of the largest crypto trading platform by volume,

the largest volume belongs to Binance and it has been like this for a while now.

the idea of reaching a value of 50k is not an exaggerated or impossible prediction.

of course reaching $50k is possible and it WILL happen but the WHEN is important. i'd say not in 6 months. but more like in a year.

"I think something that can go up to 20k in one year can have a correction down to about 6k. I think it definitely found a bottom … but with one positive regulatory decision away, to climb to 20k or even 50k by the end of the year."

i agree that it has reached bottom. we have enough evidence to support that $6k was the bottom but reaching the bottom doesn't mean price is going to just reverse and shoot back up. we can see a long accumulation and slow rise phase then a fast rise.

[StarKay]

Do you think that prediction is a Crazy Idea?

Not at all if the prediction is based on data from last year price but I wouldn't be working with that prediction. A $20000 price will be huge going by the current run.

[davis196]

"but with one positive regulatory decision away"
Are we slaves of the regulatory authorities?Do we have to beg for their mercy,in order to grow as a crypto community and industry?I don`t think that one positive regulatory decision will boost the price up to 50K USD.
This guy just wants to spread some optimism,he doesn`t have any arguments that support his 50K USD prediction.

[Turkish88]

Cryptocurrency market prices not predictable.
All depends from wish some one big buy or big sell.
Forgot about analytics and predicts

[pushups44]

I think while speculating on price can be entertaining, we should look at the fundamentals. It's clear that cryptocurrencies are here to stay, and over time will be more user-friendly for the masses. I agree that an ETF or similar development will further propel mass adoption.

[ice18]

Again this is just a prediction everyone is free to predict but who can says maybe that his opinion will become real which is very possible everything is possible now in cryptocurrency.

[Narutofuc]

I think it's very promising

[adrianto1995]

Just another liar prediction, BTC price now unstable and quite hard to predict, I don't think sure BTC can reach $50k by the end of 2018. That's too high but if reach $10k is still possible...
They just trying to spread false hope to the crypto noobs and then make crypto noobs panic buy...

[CoinEraser]

What is your opinion as per Hayes prediction, For the well-known businessman, owner of the largest crypto trading platform by volume, the idea of reaching a value of 50k is not an exaggerated or impossible prediction. "I think something that can go up to 20k in one year can have a correction down to about 6k. I think it definitely found a bottom … but with one positive regulatory decision away, to climb to 20k or even 50k by the end of the year."
Im really hopeful. I want to hear from knowledgeable individual what the future holds. Do you think that prediction is a Crazy Idea?

Always this whole price prdictions. There will always be people who say the Bitcoin price will go up and some people say the price will fall. I no longer listen to these predictions. Although I believe, the price will rise again, but not because someone has previously said. One part of the people will be right with the predictions and the other half has not right. So there is a 50% chance of being right or wrong.  

[allthebitandbobs]

 Yeah no chance of that happening   

[devbounty]

 

[Zin-Zang]

Trading Volume has been dropping like a rock for the majority of coins.

Banks still blocking purchase of cryptocoins using credit cards.

Fake Futures markets still wrecking havoc with price per bitcoin.

Tether scam is apparent to all but the greatest of fools.

LN will be in beta for years, and other offchain options are better.
LN hubs will have to register as money transmitters.

Energy Wasting of Bitcoin reaches insane levels that at the worst will doom it in 2 years or at the least give governments complete control over it,
by deciding who is allowed that much access to electricity.

Bitcoin transaction fees still bounce all over the place, $6 one week and 83 cents the next, No Stability.

$6000 is not the bottom, we are heading into another crypto winter of a few years, like what we faced from 2014 thru 2016.

[hugeblack]

In the past, the market was more open, and there were no restrictions imposed on it. Now there are a lot of administrative regulations that limit the manipulation of prices and hence the crazy heights.
Last year's highs were not real, but part of it was either speculation or price manipulation, now all eyes are on the bitcoin, and it's hard to find such increases.
Perhaps lightning network leads to an increase in the price to levels above $ 10,000, but I do not expect the figure to reach $ 50,000 at least during this year.
So Answer is No.[$ 50,000 is a very high price or is not real]

[devbounty]

the largest volume belongs to Binance and it has been like this for a while now.

ohhh, sorry im wrong. Maybe it's good advertising to get people to get on BitMEX.

[edgar2808]

Do you guys believe someday Bitcoin will reach far beyond $50k?

[minhquang3869]

No way, how can it grow so fast? Currently copper bitcoin is reaching the bottom, the price is only about $ 6650 I agree with that, but how in the next 6 months bitcoin copper can reach the 50K mark? Perhaps what you say is the hope of a miracle? In this market it is difficult to know what is ahead. Actually, people are still bewildered by the future of bitcoin and me too.

[abanansah]

BitMexs Arthur predictions is about his opinion and has no basis. For just six months bitcoins can't go that far to even 20,000 USD. It will take about 5 years time before bitcoins can be trading at his price predicted.

[cryptohoodz]

Greed is the main driver for btc growth. We have seen that greed can make things grow very rapidly, so 50k -theoretically- is not impossible if we get a huge FOMO effect again. At the same time, some people might be more cautious because they experienced the fall from 20k to 5k.
Btw, I don't think the price increase will be created purely by institutional investors. We need huge demand from retail investors and yes, they are triggered by greed and FOMO.

[longwintershere]

What is your opinion as per Hayes prediction, For the well-known businessman, owner of the largest crypto trading platform by volume, the idea of reaching a value of 50k is not an exaggerated or impossible prediction. "I think something that can go up to 20k in one year can have a correction down to about 6k. I think it definitely found a bottom … but with one positive regulatory decision away, to climb to 20k or even 50k by the end of the year."
Im really hopeful. I want to hear from knowledgeable individual what the future holds. Do you think that prediction is a Crazy Idea?

it's not crazy at all. I see it the same way where the regulators are the key towards the heavy growth in bitcoin price. We just need it to be regulated as a money and the price be burst