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Question: What do you think, what will be the price of Bitcoin on January 1, 2019
< 5000$ - 0 (0%)
5000-6000$ - 1 (5.6%)
6001-7000$ - 3 (16.7%)
7001-8000$ - 2 (11.1%)
8001-9000$ - 1 (5.6%)
9001-10000$ - 1 (5.6%)
10001-15000$ - 10 (55.6%)
15001-20000$ - 0 (0%)
> 20000$ - 0 (0%)
Total Voters: 18

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Author Topic: The collective forecast of the price of Bitcoin on January 1, 2019  (Read 307 times)
davis196
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November 03, 2018, 07:05:33 AM
 #21

I voted for 10K USD.It would be pretty normal for the bitcoin price to increase by 50% somewhere around Chritsmass or the New year.We have witnessed this many times in the past few years.However,we are too far away from a new ATH of atleast a "recovery" of the last ATH.
The SEC decisions is postponed and the Bakkt project hasn't launched yet.

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November 06, 2018, 03:26:01 PM
 #22

The price will be equal to  $7439

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November 07, 2018, 05:01:16 AM
 #23

The last year, the cryptocurrency markets have undergone significant adjustments and many experts predictions of the fall of 2017 were beyond fiction. This year, experts are much more cautious and pessimistic in our forecasts. The price of Bitcoin is tied to stocks, the dollar and other various factors. But it seems to me that there is no more interesting and fair forecast than a survey of people who are part of this market. And where, if not on Bitcoinflc, can you find such a number of crypto enthusiasts and experts of the cryptocurrency market?
I voted for the range of 6001 to 7000, it seems to me we are going to see more of the same for a long time, so I do not expect any kind of surprise, maybe the price could move a little bit above that price but nothing that will surprise us and it will not last long and then the price will return to the current levels.
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November 07, 2018, 06:47:28 AM
 #24

I am thinking of around 8k USD, giving the fact that BAKKT is coming in, it will not make the price skyrocket that much for the mere reason of accumulation.  I think it the price won't get that much improvement (x2 or more). I also think that FOMO will not kick in during this time since investors are more knowledgeable now than before.  I hope to be proven wrong but that is what I am thinking about the price of Bitcoin on January of 2019.


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btyco
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November 07, 2018, 07:20:43 AM
 #25

Good to see realistic predictions, no one has voted that it will go above 20k with the majority being between 10 and 15k. A small pump is likely rather than last years meteoric rise

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November 07, 2018, 07:29:39 AM
 #26

I am thinking of around 8k USD, giving the fact that BAKKT is coming in, it will not make the price skyrocket that much for the mere reason of accumulation.  I think it the price won't get that much improvement (x2 or more). I also think that FOMO will not kick in during this time since investors are more knowledgeable now than before.  I hope to be proven wrong but that is what I am thinking about the price of Bitcoin on January of 2019.

investors who are already in the market and are trading are always more knowledgeable than before. and they never FOMO buy. the FOMO buys which make the price jump up mostly happen because of newbies. and newbies come in when the rises are already happening and the hype is at its max. that is also why we have the big drops/crashes with every rise that bitcoin has. but when rises are small the crashes are also small like the dozens of 20-30% crashes that bitcoin had in 2017.

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November 07, 2018, 12:08:58 PM
 #27

I am thinking of around 8k USD, giving the fact that BAKKT is coming in, it will not make the price skyrocket that much for the mere reason of accumulation.  I think it the price won't get that much improvement (x2 or more). I also think that FOMO will not kick in during this time since investors are more knowledgeable now than before.  I hope to be proven wrong but that is what I am thinking about the price of Bitcoin on January of 2019.

investors who are already in the market and are trading are always more knowledgeable than before. and they never FOMO buy. the FOMO buys which make the price jump up mostly happen because of newbies. and newbies come in when the rises are already happening and the hype is at its max. that is also why we have the big drops/crashes with every rise that bitcoin has. but when rises are small the crashes are also small like the dozens of 20-30% crashes that bitcoin had in 2017.
That is the thing with the market getting more matured over time, the more people pop in, possibly made some mistakes at first, but learned their lessons, the more they keep getting smarter based on the knowledge from the experience they have had, and the more the market will keep growing until we reach the level of huge adoption. For now, I really would not be thinking so much for this year or towards January 1st 2019, what I am thinking right now is to accumulate as much as I can below $10k.

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November 07, 2018, 01:48:52 PM
Merited by 1Referee (1), nl247 (1)
 #28

I am thinking of around 8k USD, giving the fact that BAKKT is coming in, it will not make the price skyrocket that much for the mere reason of accumulation.  I think it the price won't get that much improvement (x2 or more). I also think that FOMO will not kick in during this time since investors are more knowledgeable now than before.  I hope to be proven wrong but that is what I am thinking about the price of Bitcoin on January of 2019.

investors who are already in the market and are trading are always more knowledgeable than before. and they never FOMO buy. the FOMO buys which make the price jump up mostly happen because of newbies. and newbies come in when the rises are already happening and the hype is at its max. that is also why we have the big drops/crashes with every rise that bitcoin has. but when rises are small the crashes are also small like the dozens of 20-30% crashes that bitcoin had in 2017.
That is the thing with the market getting more matured over time, the more people pop in, possibly made some mistakes at first, but learned their lessons, the more they keep getting smarter based on the knowledge from the experience they have had, and the more the market will keep growing until we reach the level of huge adoption. For now, I really would not be thinking so much for this year or towards January 1st 2019, what I am thinking right now is to accumulate as much as I can below $10k.

Call me a pessimist but as much as we'd like to believe that people learn their lessons after making their mistakes (not possibly, they make mistakes first time around, sort of a given. Otherwise they luck out and just happen to make calls at the right time), people don't. Take a look at the world of international finance. We haven't learnt from the various big lessons of the past century. The Great Depression of the early 1900s to the turn of the 2000s "great depression". The global economic crises every decade or so.

Stock market traders, crashing and burning out after riding the highs. No different from Bitcoin speculative markets. They're kidding themselves if they think they got smarter. Imagine all those guys riding the 2017 boom, they probably thought they were a lot smarter simply for owning Bitcoin. They're probably the same ones now whining and wringing their hands. They'll do no different the next ATH.

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November 07, 2018, 04:28:37 PM
 #29

Imagine all those guys riding the 2017 boom, they probably thought they were a lot smarter simply for owning Bitcoin. They're probably the same ones now whining and wringing their hands. They'll do no different the next ATH.

Correct. Last year pretty much everything went up in value by at least 1000%, so there wasn't much that anyone could do wrong, not even those blindly picking a coin to park their savings in.

I was the loser here for advising people not to invest in this or that shitcoin. Every coin I told people not to invest in last year went up balls high. I was literally told that I don't know anything despite being here for so many years. I couldn't even counter that with how the prices kept going up even after I thought they would correct, lol. That's why I'm keeping my mouth shut when I'm being asked for input.

People should do whatever they think is necessary. They are expert as long as the price keeps going up and silently find their way out when things start to move in the opposite direction.

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November 09, 2018, 10:51:37 AM
 #30

I am thinking of around 8k USD, giving the fact that BAKKT is coming in, it will not make the price skyrocket that much for the mere reason of accumulation.  I think it the price won't get that much improvement (x2 or more). I also think that FOMO will not kick in during this time since investors are more knowledgeable now than before.  I hope to be proven wrong but that is what I am thinking about the price of Bitcoin on January of 2019.
You think the accumulation has not been going on already ? One thing with big investors is that without doubt, they are already doing what they have to do to at least get the best of the market in the long run. Bakkt coming in could come in different shape as the case may be, but one thing I have always known is that the market is still always going to get to grow anyway, with the way most financial institutions are really beginning to pop into the space and seeing how they can tap from it as much as they can.

I would not be expecting so much before the end of the year, there could be a possibility of slight movement upward in January, but how things will turn out, time will tell.
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November 09, 2018, 11:14:29 AM
 #31

People are overestimating the effect of BAKT. It sounds delusional when none of the guys here predicted that the price could be under 5k$.
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November 10, 2018, 10:26:33 AM
 #32

Good to see realistic predictions, no one has voted that it will go above 20k with the majority being between 10 and 15k. A small pump is likely rather than last years meteoric rise
Of course, judging from the way this market has been acting lately, someone in their right mind will not even be thinking of the possibilities of hitting the previous ATH as at 1st January, 2019. Market is always bound to at least, try as much as possible to develop and so far, before I would even be able to say there could be a possibility towards the previous ATH, I would like to see the behavior of the market at the $10k resistance and the ones above first. Times are changing and we are beginning to see a more matured market gradually and as we keep going further, it is something we will keep seeing.
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November 10, 2018, 10:39:01 AM
 #33

In my opinion, until the end of the year we will remain in a thight range between 6000 and 6600$.
But as soon as we break the orange resistance line showed below, we may go quite fast to the 10k$ resistance.

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