Why we will see $50k Bitcoin end of year

[vessing]

I think it's worth waiting for the end of this year and then building a forecast. at the moment everything is flying into the abyss, so we will not optimize forecasts. everything will depend on regulatory inputs and from entering into the market

[Vinalians]

It can be. Many possibilities can happen here in the cryptocurrency and we all know that if something good or an upgrade to bitcoin either it's speed or it's transaction fee the value of it will be rise up and that is good for all of us keep making bitcoin more accessible to all and the security safety

[supermine]

Even if the CBOE accepts bitcoin it may not give enough hype to bump the bitcoin price to $50K because we have very short time to end this year so it will be impossible and also there maybe the dump again if the prices reaches new ATH,the dominace level of bitcoin increases have no merit at all because it is just a useless statistics makes no real addition to the prices.

[Sier86]

Im 100 percent sure that this will not happen even in 5 years. Its just immpossible. Last pump was because of newcommers,but now all are afraid to blindly invest into crypto because it can dump really hard

[cdoyle14]

The last time the CBOE launched a Bitcoin financial tool, futures, we saw $20k. Recently rising Bitcoin dominance shows people betting on the latest CBOE tool, ETF, being approved.

Bitcoin dominance is heading towards fifty percent by marketcap. What does this mean for the price and how should traders and investors view it? Marketcap is by far not the best metric to read dominance, but that doesn’t mean it can’t add value to your trading.

Latest Podcast Episode Discussing More Details

https://soundcloud.com/buy-or-sell-what-the-hell/does-bitcoin-dominance-matter-to-traders-35

More and more topics like this around I feel like starting to sell my things in my apartment and buy bitcoin instead, but to be honest it is really scary too find yourself out of this flow, and miss the opportunities.

[Nnedaddy1]

I do not want to believe bitcoin could hit 50,000 usd by end of the year , however, considering the volatility nature of cryptocurrencies . I do not think it would be impossile for bitcoin to hit that amount.

[jeremypwr]

The realist in me says "not a chance" but the believer in me thinks otherwise.

It would take a miraculous announcement for the price of the coin to reach the $50 mark in 5 months.

I don't think we would have ever seen such a jump (percentage wise) should this occur.

[wildflower18]

I do not want to believe bitcoin could hit 50,000 usd by end of the year , however, considering the volatility nature of cryptocurrencies . I do not think it would be impossile for bitcoin to hit that amount.

If we think through the few months remaining this year it is hard to think that bitcoin able to reach $50k. Due to price is volatile who knows once massive adoptions takes place. Bitcoin could possible hit higher price or possible not.

[andika2018]

The last time the CBOE launched a Bitcoin financial tool, futures, we saw $20k. Recently rising Bitcoin dominance shows people betting on the latest CBOE tool, ETF, being approved.

Bitcoin dominance is heading towards fifty percent by marketcap. What does this mean for the price and how should traders and investors view it? Marketcap is by far not the best metric to read dominance, but that doesn’t mean it can’t add value to your trading.

Latest Podcast Episode Discussing More Details

https://soundcloud.com/buy-or-sell-what-the-hell/does-bitcoin-dominance-matter-to-traders-35

With current condition, i think its hard bitcoin price reach $50k end this year. I am believe that price will happen but i am believe it will not happen this year. 2018 is not like 2017 when peoples hype on cryptocurrency market and 2018 is hard for cryptocurrency market and for investor because many coin and token drop the price

[batang_bitcoin]

I do not want to believe bitcoin could hit 50,000 usd by end of the year , however, considering the volatility nature of cryptocurrencies . I do not think it would be impossile for bitcoin to hit that amount.

No harm of believing it but if you know how to analyze, you can estimate if its really possible.

Being an optimist, I'm bullish with bitcoin all the time but I'm assessing if those predictions are really reliable and possible. Once there's an indication that the bullish trend starts and there's a lot of positive news coming from these media's it's possible.

But I'm it will only happen next year.

[kujaroth]

$50k on Bitcoin is wishful thinking. Let's just wait and see how will the market will go. If it all comes down to that idea it is nice to think about it but I think that it will never happen. It might go up up but may not reach above $40k.

[ibelite]

50k is possible if and only if either of the following happens:
1) Retail investors see prices rise which creates a herd effect (e.g. 2017). This requires a flurry of non-stop positive news that is more than just a promise in the future (e.g. Bakkt is promising, but in future)
2) Fund managers feel comfortable investing into BTC - This requires custodian solutions, better investor protection rules, more regulations, etc
3) Some groundbreaking improvement in utility of a crypto asset - This could be lightning networking hitting an adoption target

[amonymous]

Actually I don't understand why many people want to get quickly rich,it possible to very difficult.bitcoin price not could be stable still up and down is the Bitcoin real Life.2017 last year Cryptocurrency market given good opportunity to get it profit,I think 2018 last year same given up I hope soon is possible.

[Ridwan Fauzi]

The last time we saw the $20k was not related with the CBOE. In fact, if you check carefully a chart and a calendar you will see that the price started to crash almost the same day. I don't understand why people are speculating on Bitcoin future, while it won't give any favorable result. At worst it can make Bitcoin below the $6k-$5k if the decision is negative

This has happened now, actually, SEC just postpones a decision regarding bitcoin exchange traded fund. They will announce at the end of September, however, the impact has happened now and made market cryptocurrency down almost 15 billion. BTC drop to $6.482, ETH drop to $370 XRP drop to $0.35 and LTC drop to $65.

This is the risk everyone who predicts or even hope bitcoin will increase with every decision that exists related cryptocurrency, especially bitcoin. Panic selling will happen if a decision is negative, and make cryptocurrency is a place which must be avoided by many new investors.

Like or not, we will always find about thread who discussed the prediction of bitcoin prices with substruction regulatory.

[chunysp]

Even if it reaches 50k, I doubt people will profit out of it. I've seen more people lose money from it that gaining (I live in South Korea)

[shawn995]

It will really taking a marvel for bitcoin to go as high as 50k$ and as of now bitcoin is bearish and we can't locate the base up till now. I trust more reserve stream into the market in a little while and months to seek us to have the capacity to make a critical breakout that will push the cost above a year ago high.

[jademaxsuy]

The last time the CBOE launched a Bitcoin financial tool, futures, we saw $20k. Recently rising Bitcoin dominance shows people betting on the latest CBOE tool, ETF, being approved.

Bitcoin dominance is heading towards fifty percent by marketcap. What does this mean for the price and how should traders and investors view it? Marketcap is by far not the best metric to read dominance, but that doesn’t mean it can’t add value to your trading.

Latest Podcast Episode Discussing More Details

https://soundcloud.com/buy-or-sell-what-the-hell/does-bitcoin-dominance-matter-to-traders-35

Well we do not see it for now because market price for bitcoin lately is not that really good. The market look so bad for now and investors began to withdraw their crypto as to avoid the possibilities that crypto will going to end in the near future. Anyway good things are still up with cryptocuurency and it is a matter of time that the crypto will going recover soon.

[peter_coin]

One of the speculations that would make BTC reach an all time high of $50k is if it gets the ETF approval, then there would be no stopping it, but as it stands we don't have that yet and alot of people are not so sure about many things that's why the prices are going down. I still believe that we would see a slight pump at the year.

[pokeronlinestatus]

that's very difficult in my opinion. because bitcoin just at the beginning of the year at the pump took several years to pump it up. I predict in 2020 when there is halving bitcoin

We can be sure of this thing that the market value of bitcoin will rise higher by the end of this year but I don’t think so that it will be possible for bitcoin to have this much market value in just 4 months. The market value of bitcoin will rise higher because of the increase in demand of the bitcoin in the international market but still, we have to wait for some more time to see the market value reaching this value.

[kidamazo]

The more similar topics I see the more I begin to believe in that because it is not a coincidence that so many people are saying the same, maybe it is a good prediction on which we can rely and hope.