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Author Topic: The top 5 bitcoin price prediction  (Read 305 times)
ivannalog814
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September 06, 2018, 10:40:17 AM
 #41

I don't believe any of these predictions ! I believe that bitcoin will be traded in the range of 15 000-25000 $ in 2019 and in 2020 will overcome the threshold and go to 30 000 $ and in 6-7 years from will be more than 100 000 $ ! Also, I think we will see more to adjust the rate in 3 years !

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September 06, 2018, 12:15:42 PM
 #42

1.  1 BTC = $1 Million by December 2020 – John McAfee
2.  1 BTC = $250,000 by 2022 – Tim Draper3.
3.  1 BTC = $100,000 by December 2018, Kay Van-Petersen
4.  1 BTC = $25,000 by December, 2018 – Tom Lee
5.  1 BTC = $20,000 by December 2018 – Pantera Capital

Which one is more realistic and do you think it will come to past?
 

All individuals who are just looking to sell the top. These people aren't interested in Bitcoin as currency or store of value, so why should we even care about their opinion? Tim Draper is somewhat of an exception since he has been a Bitcoin advocate for years, but also very much hinting towards the investment aspect.

The only thing I see these people talk about is that Bitcoin will reach this or that level, where is the utility? Why are they not recommending people to use it as money? If I introduce Bitcoin to new people it's all about money and store of value, where the investment aspect is just a (positive) side effect with how small Bitcoin still is today.

If I have to choose one option anyway, then I'll be on Tim's side. I would however lower it to $100,000 in all honesty.
Agree! This is one of the reasons bitcoin has become more of a speculative asset as people rather focus on the thing that is just a side benefit and then discard the real life usage as currency aspect and utilize the functions and benefits it brings. It is this utilization that would bring about real and sustainable demand and not just some huge fluctuations to the top and down to the bottom all in the name of some people speculating to make their pockets bigger at the expense of others.



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September 06, 2018, 02:48:29 PM
 #43

all of these numbers are pure guesses and that makes them unrealistic. not because the number itself is big but because the person making that guess didn't make it based on much else but his guess.

for instance $1 million is nothing for bitcoin, we will reach it eventually but McAfee saying it was because he wanted to gain attention not because he made some analysis can made an educated guess!

I don't think these predictions will be accurate.
Although they are celebrities but I see the price will don't go by what they say, because the price is determined by market not them

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September 06, 2018, 04:40:39 PM
 #44

all of these numbers are pure guesses and that makes them unrealistic. not because the number itself is big but because the person making that guess didn't make it based on much else but his guess.

for instance $1 million is nothing for bitcoin, we will reach it eventually but McAfee saying it was because he wanted to gain attention not because he made some analysis can made an educated guess!

I don't think these predictions will be accurate.
Although they are celebrities but I see the price will don't go by what they say, because the price is determined by market not them

I read same comments two years ago when someone said 10k dollars until the end of 2017. Price went higher double more! It's not pure guessing it's history. We have 3 more months until the end of this year and we will see last two predictions from litecoin owner and pantera capital, 100k by the end of 2018 form Van-Petersen is failure probably, it's too big rise for so short period of time.
I think 20k by the end is possible, I give less then 20% chances for that to happen, in gambling 20% chances to win are high sometimes.
All in all this is a nice list of predictions made by sound names from crypto world, some are very optimistic, but why not, everyone has a right to believe in what ever they wish. My wish is to see bitcoin over 10k before the end of this year and that to be new bottom, that is reasonable I believe.


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