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Author Topic: BTC will reach $50k this year as predicted?  (Read 818 times)
niteroy
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July 20, 2018, 03:41:28 PM
 #121

As predicted earlier in this year BTC will reach $50k in the last quarter of this year. Do you believe? Need some opinion,pls drop your messages here.
There are many unreasonable assumptions about the future price of Bitcoin, but there is also a well-founded calculation made by the author of the article: "If a Bitcoin ETF is approved by the SEC, several experts including IronWood CEO Michael Strutton suggested that it could add roughly $84 billion to $336 billion to the Bitcoin market, potentially pushing the price to $44,000."
https://cryptoslate.com/what-is-the-real-probability-of-a-bitcoin-etf/

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July 20, 2018, 03:43:39 PM
 #122

My prediction is that BTC can reach it`s ATH x 3 this year. It means even $ 60 k. Of course in condition that ETF decision on BTC
be positive and it will boom. If it will be negative the opposite scenario can happen and we can see BTC below $ 10 k end of Year.

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July 20, 2018, 03:44:22 PM
 #123

I don't think it will reach 50k this year or even by end of next year. It's currently on up move and there's rumor that bitcoin ETF will be approved on 10th august. But it seems unrealistic to see 50k price, which is 7 times of the current price. It means crypto market cap have to reach more than $1.5 trillion or so. I think BTC will reach to 10k by the next 2 months, and then we have to see how market reacts.

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July 20, 2018, 03:50:18 PM
 #124

As predicted earlier in this year BTC will reach $50k in the last quarter of this year. Do you believe? Need some opinion,pls drop your messages here.








And if you have some extra merit you can drop some of those. Thanks much appreciated. Grin Cheesy
They talk a lot about this but no one knows what will happen in reality. The market now does not behave as many predicted. I have good hopes that by the end of the year, bitcoin is growing up. The question really is, how this is going to affect the other cryptos. This will trigger the ICOs for sure, I’m kinda interested in Liven and Treon so I would suggest you to keep an eye on these.
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July 20, 2018, 04:08:04 PM
 #125

As predicted earlier in this year BTC will reach $50k in the last quarter of this year. Do you believe? Need some opinion,pls drop your messages here.


I don't believe that it will be possible this year. Now the market cap is 280 billion dollars. When bitcoin cost 20k $, the market cap was around 800 billion dollars. Is it possible by the end of the year market will receive twice as much money as it was in December ATH? The chances of it are very small.

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July 20, 2018, 04:42:02 PM
 #126

As predicted earlier in this year BTC will reach $50k in the last quarter of this year. Do you believe? Need some opinion,pls drop your messages here.








And if you have some extra merit you can drop some of those. Thanks much appreciated. Grin Cheesy

to be honest $50000 is too high for me. but no one knows about that, as we know that the market is unpredictable. many predictions say that bitcoin will over $20000 at the end of this year, I also have a prediction that will reach at least $25000.




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July 20, 2018, 04:43:05 PM
 #127

As predicted earlier in this year BTC will reach $50k in the last quarter of this year. Do you believe? Need some opinion,pls drop your messages here.


I don't believe that it will be possible this year. Now the market cap is 280 billion dollars. When bitcoin cost 20k $, the market cap was around 800 billion dollars. Is it possible by the end of the year market will receive twice as much money as it was in December ATH? The chances of it are very small.

I agree with your logic. The market cap would need to increase minimum three times in order for BTC to break the 20k mark. Everything is possible but it's highly unlikely to happen if some big whales don't invest again and pump it up.
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July 20, 2018, 04:48:00 PM
 #128

As predicted earlier in this year BTC will reach $50k in the last quarter of this year. Do you believe? Need some opinion,pls drop your messages here.


I don't believe that it will be possible this year. Now the market cap is 280 billion dollars. When bitcoin cost 20k $, the market cap was around 800 billion dollars. Is it possible by the end of the year market will receive twice as much money as it was in December ATH? The chances of it are very small.

I agree with your logic. The market cap would need to increase minimum three times in order for BTC to break the 20k mark. Everything is possible but it's highly unlikely to happen if some big whales don't invest again and pump it up.
well, i'm not so sure with the $ 50k price. however I think about crypto, I think it's very difficult to reach that price. but I am very confident that this year, bitcoin prices will be above the $ 10k price.


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July 20, 2018, 06:37:04 PM
 #129

As predicted earlier in this year BTC will reach $50k in the last quarter of this year. Do you believe? Need some opinion,pls drop your messages here.








And if you have some extra merit you can drop some of those. Thanks much appreciated. Grin Cheesy


No, that is entirely absurd. With just over 5 months left and maybe just starting to come out of a bear market Bitcoin isn't gonna spike two 2.5x the previous peak. You claim $50k is the prediction for this year, there are a lot of predictions, that is not a common one. I'd say hope for $10k this year, $20k 2019, and $100k 2020.
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July 20, 2018, 09:04:09 PM
 #130

No, that is entirely absurd. With just over 5 months left and maybe just starting to come out of a bear market Bitcoin isn't gonna spike two 2.5x the previous peak. You claim $50k is the prediction for this year, there are a lot of predictions, that is not a common one. I'd say hope for $10k this year, $20k 2019, and $100k 2020.
For the sake of argument i can tell that there is a possibility that the price could increase to those levels if there is a financial recession on a global scale, people would start investing heavily into this market and thereby the price sky rockets to those fantasy levels in a short period of time, so it is highly possible  Grin . I do agree with the gradual growth and even i expect a growth like that rather than shooting for the stars.














 

 

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July 20, 2018, 10:28:07 PM
 #131

There are only 5 months left and price is still under $8k so it's hard to believe that price can jump to over $50k within this year but we have seen such unbelievable surge before also. I still think its not possible by December but price might pump over last ATH price of $20k.

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July 20, 2018, 10:39:09 PM
 #132

OP, you just made me laugh, because you are asking for merits for having a personal prediction of seeing bitcoin at $50,000. Well, anything is possible, but that the price of bitcoin will be seen at that, at the last quarter of this year, is what i am not sure of.
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July 20, 2018, 10:51:52 PM
 #133

The highest prediction for me for this year 2018 is 50k dollars and I hope that really happen. But it's not sure that happen because we need to reach first what the price of the bitcoin in the december 2017 which is 20k dollars before go to the next plan.

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July 21, 2018, 03:55:51 AM
 #134

As predicted earlier in this year BTC will reach $50k in the last quarter of this year. Do you believe? Need some opinion,pls drop your messages here.








And if you have some extra merit you can drop some of those. Thanks much appreciated. Grin Cheesy

Yes there is a huge chance for the price of bitcoins to reach $50k dollars because there are more countries today that has been legalized to invest on cryptocurrency.

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July 21, 2018, 09:36:02 AM
 #135

I doubt 50k usd though. That’s huge base on the present price but nothing is impossible in crypto world though.

It will not reach 50 thousand. The market capitalization cannot grow so greatly in 6 months (before this year ends). However, I believe that Bitcoin can cost over 12 thousand - it might be a reality, bro.

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July 21, 2018, 09:46:05 AM
 #136

As predicted earlier in this year BTC will reach $50k in the last quarter of this year. Do you believe? Need some opinion,pls drop your messages here.








And if you have some extra merit you can drop some of those. Thanks much appreciated. Grin Cheesy
The market will receover significantly in my opinion but I doubt if 50k USD is achieveable this year.Maybe it will achieve the 20k $ mark,not 50k.We will need more time for that to happen.People are now very cautious to avoid being trapped again
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July 21, 2018, 09:46:28 AM
 #137

It is not possible $50k will be achieved in a short time, after all the bitcoin price has crash and if the bitcoin price does not fall at that moment when at $20k then it is possible. But we can see now, the market has just recovered and took a long time to be able to increase again, but btw, maybe $15k can be in touch at the end of the year.

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July 21, 2018, 06:13:36 PM
 #138

it's double the price of the previous price, I guess it's not so difficult.
do you see the market today? I see bitcoin rising slowly today.
I think 50K is not difficult. I am very optimistic. Cool
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July 21, 2018, 06:15:26 PM
 #139

I do not think so, there are a lot of things going to happen on the next few months, but i do not think that bitcoin is going to touch that amount of money this year, it is more than x8 of the actual price

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Barbut
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July 21, 2018, 06:36:53 PM
 #140

it's double the price of the previous price, I guess it's not so difficult.
do you see the market today? I see bitcoin rising slowly today.
I think 50K is not difficult. I am very optimistic. Cool
Its not difficult for bitcoin to get to 50,000$, its only a double from previous ATH as you say. I am optimistic too like many others and we disagree only about one thing, when will it happen. This or next year, or we will wait more to see 50,000$ for some people it's important to happen faster, some can wait, I'm somewhere in the middle, I would like to see that sooner but in same time I'm ready for some waiting. All in all we are here, as long as price is under 10k its good for buying more.

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