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Author Topic: Why we will see $50k Bitcoin end of year  (Read 2109 times)
susuberuang
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August 28, 2018, 10:54:00 AM
 #161

I think that might be due to the total supply of bitcoin which is very limited and almost exhausted and has a very high demand that makes the price of bitcoin can be very expensive because bitcoin will be more interested and many will need bitcoin.
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August 28, 2018, 12:38:56 PM
 #162

It's good to be true and honestly, i don't really feel that bitcoin is going to reach 50,000$ before this year ends. Seeing bitcoin rises to even more than half of its all time high value since last year can be a great indication already that bitcoin will have a market price hike from there on that would reached more than half of its highest market price recorded.

I believe that it will reach $50k dollars because last year, the market has dropped so hard because of banning of icos in china but it still managed to reach $20k dollars before the year ends.

It probably will not happen. Even if at the end of the year bitcoins start to recover for losses, it is very doubtful to increase to 50k$. It seems that even a return to ath may be too distant goal this year.

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August 28, 2018, 02:34:44 PM
 #163

i don't understand why people easily trust what rich guy says. yes, i understand that bitcoin dominance is rising that means bitcoin value is rising too or altcoins is dropping, but that doesn't mean bitcoin will pump up so easily. we don't even know is there any good or bad news in the future, so how do people speculate that bitcoin would rise?  Huh
I think they are speculating by making predictions, but I am confused how predictions appear and where they get that thought, I don't think predictions answer everything, as far as I know, bitcoin does not have a fixed price, sometimes up and down
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August 30, 2018, 09:44:05 AM
 #164

Even if the ETF can be approved, I don't think the price of Bitcoin can rise to $50000. What a high price, how much money do you need to join to achieve this?

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August 30, 2018, 09:47:30 AM
 #165

Lol, it's impossible! that mean bitcoin have to x8 to get this target. we just have 4 month. I think 10.000$ will be possible price. but in next year, 50k maybe happen. Crypto market is just start, if growth without control, it will be a bubble.
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August 30, 2018, 12:12:09 PM
 #166

It's good to be true and honestly, i don't really feel that bitcoin is going to reach 50,000$ before this year ends. Seeing bitcoin rises to even more than half of its all time high value since last year can be a great indication already that bitcoin will have a market price hike from there on that would reached more than half of its highest market price recorded.

I believe that it will reach $50k dollars because last year, the market has dropped so hard because of banning of icos in china but it still managed to reach $20k dollars before the year ends.

It probably will not happen. Even if at the end of the year bitcoins start to recover for losses, it is very doubtful to increase to 50k$. It seems that even a return to ath may be too distant goal this year.

It is very hard to imagine right now, but last year around this times things were not that bright either. People's pockets seems empty and lot's of people got so burned that they turned their back on the market...but if the SEC rules in favour of the CBOE then virtually nothing is impossible.
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August 30, 2018, 12:38:44 PM
 #167

It's good to be true and honestly, i don't really feel that bitcoin is going to reach 50,000$ before this year ends. Seeing bitcoin rises to even more than half of its all time high value since last year can be a great indication already that bitcoin will have a market price hike from there on that would reached more than half of its highest market price recorded.

I believe that it will reach $50k dollars because last year, the market has dropped so hard because of banning of icos in china but it still managed to reach $20k dollars before the year ends.

It probably will not happen. Even if at the end of the year bitcoins start to recover for losses, it is very doubtful to increase to 50k$. It seems that even a return to ath may be too distant goal this year.

It is very hard to imagine right now, but last year around this times things were not that bright either. People's pockets seems empty and lot's of people got so burned that they turned their back on the market...but if the SEC rules in favour of the CBOE then virtually nothing is impossible.

It will not be this year, this capability is 99% though the market has any information to support. Last year did not appear like this year, up and down very dizzy.

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August 30, 2018, 12:48:49 PM
 #168

nope, prediction are still prediction, and anything can be happened in cryptocurrency. but i think bitcoin will never reach that price even until the end of 2019. without underestimating the potential of bitcoin and other cryptocurrency, the price is too high to be reached. unless, there are some government starting to admit tha advantages of bitcoin and using it for legal investment.

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August 30, 2018, 03:24:03 PM
 #169

It's good to be true and honestly, i don't really feel that bitcoin is going to reach 50,000$ before this year ends. Seeing bitcoin rises to even more than half of its all time high value since last year can be a great indication already that bitcoin will have a market price hike from there on that would reached more than half of its highest market price recorded.

I believe that it will reach $50k dollars because last year, the market has dropped so hard because of banning of icos in china but it still managed to reach $20k dollars before the year ends.

It probably will not happen. Even if at the end of the year bitcoins start to recover for losses, it is very doubtful to increase to 50k$. It seems that even a return to ath may be too distant goal this year.

It is very hard to imagine right now, but last year around this times things were not that bright either. People's pockets seems empty and lot's of people got so burned that they turned their back on the market...but if the SEC rules in favour of the CBOE then virtually nothing is impossible.


I think so, it's hard to imagine bitcoin prices could reach $ 50k by the end of the year, maybe the maximum price that can be reached is $ 15,000, of course, provided that the price in September can reach $ 10k, but if September doesn't reach $ 10k, then I'm sure prices up to the end of the year like this.


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August 30, 2018, 04:31:53 PM
 #170

it looks like we won't see $ 50k at the end of the year, if you continue to hope then you will get disappointment. never expect something that is impossible if you don't want to be disappointed.
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August 30, 2018, 05:06:33 PM
 #171

I find it really surprising that people are talking about 50K, when the exchange rates are struggling to stay above $7,000 per coin. IMO, $50,000 per coin may become a reality by 2022 or 2023, but not before that.
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August 30, 2018, 05:32:22 PM
 #172

Last year, Bitcoin hit $20k from $10k in may be a week or two. So Everything could happen, of course looking realistically It will not  reach this 50000$ price this year, It would be good if this year the price reached  around 30000$ in optimistic scenario.

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September 05, 2018, 07:48:36 AM
 #173

I don't think this a reason that can cause bitcoin to rise to such astronomical price. Bitcoin at 50k will be hard to achieve in any moment from now to the next 3 years. The market is not favorable to bitcoins and besides there are new coins competing with bitcoin in the market share.
Yes that is right that it is difficult to happen but not impossible. I think that 3 years  is a very big time for bitcoin price. I think that it can even happen in a single year. In previous year bitcoin price increased for more than 16000$ in few months, so that can even happen again and bitcoin price in next few years can easily reach to 50k.

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September 06, 2018, 09:43:18 AM
 #174

I don't think we gonna see this price of bitcoin for this year as we still not able to figure out on reaching back to $10k mark and the market continues to bleed with too much resistance. I will be happy if this will reach at $10k before the end of the year as we can continue the rally for next year.

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September 06, 2018, 10:32:07 AM
 #175

I don't think that by the end of the year bitcoin will be 50K, we saw bitcoin at 20K because then the growing market. If the SEC will introduce ETF September 30, I think that just change the trend and by the end of the year bitcoin will be from 10K and more.

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September 08, 2018, 12:24:32 PM
 #176

I don't think this a reason that can cause bitcoin to rise to such astronomical price. Bitcoin at 50k will be hard to achieve in any moment from now to the next 3 years. The market is not favorable to bitcoins and besides there are new coins competing with bitcoin in the market share.
Yes that is right that it is difficult to happen but not impossible. I think that 3 years  is a very big time for bitcoin price. I think that it can even happen in a single year. In previous year bitcoin price increased for more than 16000$ in few months, so that can even happen again and bitcoin price in next few years can easily reach to 50k.


Well things are a lot different then when btc made that bull run. We're not coming from a 60% decline and a lot of people got in because of hype and curiosity. I don't think that's going to be a factor in a bull run right now since the decline didn't quite paint a good picture for new investors.

 
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September 08, 2018, 12:46:35 PM
 #177

I don't think this a reason that can cause bitcoin to rise to such astronomical price. Bitcoin at 50k will be hard to achieve in any moment from now to the next 3 years. The market is not favorable to bitcoins and besides there are new coins competing with bitcoin in the market share.
Yes that is right that it is difficult to happen but not impossible. I think that 3 years  is a very big time for bitcoin price. I think that it can even happen in a single year. In previous year bitcoin price increased for more than 16000$ in few months, so that can even happen again and bitcoin price in next few years can easily reach to 50k.

It is difficult and impossible with the way things are presently and the only way this can be possible is to see some development that would probably cause some high level of demand in the market and probably start hitting the level of mainstream adoption and in that case, we might just see the tides and tables turning.

If we want to start comparing with last year, we have to understand that the sentiment in the market within that period and now is totally different. It tends towards the bears this time around and in that case, I do not see the possibility of any $50k except in our dreams.
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September 08, 2018, 01:08:07 PM
 #178

Lol, it's impossible! that mean bitcoin have to x8 to get this target. we just have 4 month. I think 10.000$ will be possible price. but in next year, 50k maybe happen. Crypto market is just start, if growth without control, it will be a bubble.
This prediction is really impossible in end of the year but 10k USD is easy achieve so my prediction is 20k USD in end of the year because last year also it was nearly reach 20k USD so this year also possible in Bitcoin. But we need backward support of crypto then only it will raise in the market.

 
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September 08, 2018, 01:26:07 PM
 #179

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



It is unlikely that the price of bitcoin directly depends on the level of its capitalization. Now its capitalization has risen from 50 to 55 percent, but its rate remains the same. Moreover, the closer we come to the end of the year, the more we become convinced that there will be no big growth in the price at the end of this year. It is possible to say unequivocally that up to 50 000 dollars this year he will not be allowed. Most likely, he could have a good price at the level of 13 000 - 18 000 dollars.
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September 08, 2018, 01:32:08 PM
 #180

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



It is unlikely that the price of bitcoin directly depends on the level of its capitalization. Now its capitalization has risen from 50 to 55 percent, but its rate remains the same. Moreover, the closer we come to the end of the year, the more we become convinced that there will be no big growth in the price at the end of this year. It is possible to say unequivocally that up to 50 000 dollars this year he will not be allowed. Most likely, he could have a good price at the level of 13 000 - 18 000 dollars.
If the prediction is likely to reach $ 50k. potential to be $ 500 will also exist. now it's just how to be realistic with market and trading smartly and safely without excessive gambling prices,
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